provenceday
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Activity: 1148
Merit: 1000
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June 18, 2014, 04:49:31 PM |
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Is this multipool dump you guys are talking about being automated ? for what amounts does it sell each time then and how often ?
Yes it's automated. If I understand correctly, multipools mine the most profitable altcoins then immediately convert them to BTC then pay them out. I'd say they dump around 10-30k coins at a time, eating up all of the top Buy orders. This artificially deflates the value of the coin because the true value is in it's innovation, something that multipools have no interest in. wrong. The value of a network is in its current market value, determined by price on an open exchange. Innovation has nothing to do with it. Its not artificial because open exchanges are driven by supply and demand. If demand is high, multipools mine "the most profitable coin" and match the demand with supply. Thi is a good thing. Innovation is do very important. why darkcoin and XCcoin and Vericoin and voot coin ends their pow or reduce the blockreward to a small number when they realized the Multipool problem......
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provenceday
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Activity: 1148
Merit: 1000
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June 18, 2014, 04:52:46 PM |
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dev anyupdate from busoni?
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supercointeam (OP)
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June 18, 2014, 04:53:13 PM |
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dev anyupdate from busoni?
No nothing new yet.
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provenceday
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Activity: 1148
Merit: 1000
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June 18, 2014, 04:54:52 PM |
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dev anyupdate from busoni?
No nothing new yet. it seems they need more time to understand the code?
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strasboug
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June 18, 2014, 04:58:55 PM |
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dev anyupdate from busoni?
No nothing new yet. it seems they need more time to understand the code? The real problem is that they made a stupid mistake, and they refuse to admit it. But everyone knows the truth, and how incompetent these people are. Next time incompetent people please do not make silly shows like this.
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Xtrata
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June 18, 2014, 04:59:56 PM |
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dev anyupdate from busoni?
No nothing new yet. it seems they need more time to understand the code? The real problem is that they made a stupid mistake, and they refuse to admit it. But everyone knows the truth, and how incompetent these people are. Next time incompetent people please do not make silly shows like this. What mistake was that?
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Trezi
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Activity: 118
Merit: 10
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June 18, 2014, 05:15:00 PM |
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dev anyupdate from busoni?
No nothing new yet. it seems they need more time to understand the code? The real problem is that they made a stupid mistake, and they refuse to admit it. But everyone knows the truth, and how incompetent these people are. Next time incompetent people please do not make silly shows like this. You nailed it! People always have problems with that, so perhaps it would be wise not to put the finger into this wound.
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provenceday
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Activity: 1148
Merit: 1000
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June 18, 2014, 05:19:26 PM |
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Anon coin summary(not include cryptonote coin)
Dark coin(Anon Wallet ) price:0.016BTC (1680K satoshi) XC coin(Anon Wallet) Price:0.0013BTC (135K satoshi) Vericoin(No Anon Wallet) Price:0.00015BTC (15K satoshi) CryptCoin (No Anon Wallet) Price:0.0013BTC (130K satoshi) CloakCoin(No Anon Wallet) Price:0.0002BTC (200K satoshi) Supercoin(Anon Wallet) Price:0.00003BTC (3K satoshi)
So we still have a long way to go...
+2
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Krushang
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June 18, 2014, 05:23:53 PM |
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I am still mining it even though at received any coins in the wallet yet I do like super coin do you just can not syn to the supercoin network? which system in your computer? windows or apple mac os? It's a Mac OS X , version 10.9.3still can't find where to add the node?? So frustrating that I still can't sync my wallet
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strasboug
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June 18, 2014, 05:24:04 PM |
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Anon coin summary(not include cryptonote coin)
Dark coin(Anon Wallet ) price:0.016BTC (1680K satoshi) XC coin(Anon Wallet) Price:0.0013BTC (135K satoshi) Vericoin(No Anon Wallet) Price:0.00015BTC (15K satoshi) CryptCoin (No Anon Wallet) Price:0.0013BTC (130K satoshi) CloakCoin(No Anon Wallet) Price:0.0002BTC (200K satoshi) Supercoin(Anon Wallet) Price:0.00003BTC (3K satoshi)
So we still have a long way to go...
+2 We see where are the value
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supercointeam (OP)
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June 18, 2014, 05:27:17 PM |
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I am still mining it even though at received any coins in the wallet yet I do like super coin do you just can not syn to the supercoin network? which system in your computer? windows or apple mac os? It's a Mac OS X , version 10.9.3still can't find where to add the node?? So frustrating that I still can't sync my wallet you need to edit file supercoin.conf i suppose you created it and put it in the directory before. here some fresh nodes 42.62.79.53 108.52.30.17 37.187.144.69 178.23.119.147
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provenceday
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Activity: 1148
Merit: 1000
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June 18, 2014, 05:27:36 PM |
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I am still mining it even though at received any coins in the wallet yet I do like super coin do you just can not syn to the supercoin network? which system in your computer? windows or apple mac os? It's a Mac OS X , version 10.9.3still can't find where to add the node?? So frustrating that I still can't sync my wallet do you have a Supercoin.conf? if you do not have one, just paster the conf in a text and save it as supercoin.conf and put this supercoin.conf to the folder where has the Wallet.dat and open the Wallet again, it will be ok. you need a supercoin.conf to syn the Wallet.
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provenceday
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Activity: 1148
Merit: 1000
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June 18, 2014, 05:28:27 PM |
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I am still mining it even though at received any coins in the wallet yet I do like super coin do you just can not syn to the supercoin network? which system in your computer? windows or apple mac os? It's a Mac OS X , version 10.9.3still can't find where to add the node?? So frustrating that I still can't sync my wallet you need to edit file supercoin.conf i suppose you created it and put it in the directory before. it seems he did not created a conf and do not know where to put the conf
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Xtrata
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June 18, 2014, 05:28:51 PM |
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Funny, they want higher standards of the coins they add and cant even be bothered to check properly, what a joke. Worst part is that they havent added it yet or said anything else after? just lol.
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bitcoinwonders010
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June 18, 2014, 05:30:19 PM |
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Its unfair because Devs are not central bankers.
The developer sets the network. network should be allowed to run its course. If prices drop, devs shouldn't be allowed to cut supply. You might ask yourself why but let me ask you this. If prices were to to rocket to the moon, should the dev be allowed to increase supply?
If your answer is no to increasing supply, then the answer should be no to cutting supply.
It becomes a scam when you tell people "yes there will be 12 million coins over 1 year" then turn around 3 months later and say "just kidding, we are cutting suppy at 3 million". This would force a liquidity squeeze, send the price higher and reward early adopters.
But that is exactly what you want right? Cut the supply after you have had your fill of coins and artificially pump the price? Sorry man. You argument for cutting supply hold no weight. So what if multipools sell coins at market? They control the hashrate, they earn those coins fair and square. If you want to compete with them, get yourself enough hashrate, mine supercoin and hoard them.
If multipools are mining supercoin and dumping, then clearly the price is too high and liquidity needs to be injected. I welcome multipools because if I am trying to buy big blocks of coins, why should I be forced to pay a higher price? This is were multipools are a godsend. while everyone is hoarding, multipools are liquidity providers. They will sell to me. Amazing.
I can provide more points but this should suffice. Its becoming clear that you only care about the price going higher. the only time PoW or PoS should be cut is when there was a clear error in the development of the coin. Two examples would be CENT and NINJA. Clear coding errors that hyper-inflated and ultimately killed the coins. Supercoin is not suffering from that so I don't see any problems with the way things are right now.
+1 A change in supply parameters (other than % stake, which rewards existing holders proportionately) is the death knell for a coin's potential and trust. Just talking about it is not good, but one single executed change is enough to kill. Any savvy traders will see it as an attempt by early adopters to dump-out. may i just add DARK COIN and XC coin reduced supply, they doing well aer'nt they
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supercointeam (OP)
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June 18, 2014, 05:31:05 PM |
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I am still mining it even though at received any coins in the wallet yet I do like super coin do you just can not syn to the supercoin network? which system in your computer? windows or apple mac os? It's a Mac OS X , version 10.9.3still can't find where to add the node?? So frustrating that I still can't sync my wallet you should use supercoin.conf, put this supercoin.conf under the directory of download as a zip: download before from here: http://www.super-coin.net/supercoinconf.zip (unzip & put it in SuperCoin directory) In windows systems: AppData\Roaming\SuperCoin In mac conf dir should be at: ~/Library/Application Support/SuperCoin
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provenceday
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Activity: 1148
Merit: 1000
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June 18, 2014, 05:31:19 PM |
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Funny, they want higher standards of the coins they add and cant even be bothered to check properly, what a joke. Worst part is that they havent added it yet or said anything else after? just lol. they do not make any official apologize on this, maybe they are still review the code.
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provenceday
Legendary
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Activity: 1148
Merit: 1000
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June 18, 2014, 05:33:19 PM |
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Its unfair because Devs are not central bankers.
The developer sets the network. network should be allowed to run its course. If prices drop, devs shouldn't be allowed to cut supply. You might ask yourself why but let me ask you this. If prices were to to rocket to the moon, should the dev be allowed to increase supply?
If your answer is no to increasing supply, then the answer should be no to cutting supply.
It becomes a scam when you tell people "yes there will be 12 million coins over 1 year" then turn around 3 months later and say "just kidding, we are cutting suppy at 3 million". This would force a liquidity squeeze, send the price higher and reward early adopters.
But that is exactly what you want right? Cut the supply after you have had your fill of coins and artificially pump the price? Sorry man. You argument for cutting supply hold no weight. So what if multipools sell coins at market? They control the hashrate, they earn those coins fair and square. If you want to compete with them, get yourself enough hashrate, mine supercoin and hoard them.
If multipools are mining supercoin and dumping, then clearly the price is too high and liquidity needs to be injected. I welcome multipools because if I am trying to buy big blocks of coins, why should I be forced to pay a higher price? This is were multipools are a godsend. while everyone is hoarding, multipools are liquidity providers. They will sell to me. Amazing.
I can provide more points but this should suffice. Its becoming clear that you only care about the price going higher. the only time PoW or PoS should be cut is when there was a clear error in the development of the coin. Two examples would be CENT and NINJA. Clear coding errors that hyper-inflated and ultimately killed the coins. Supercoin is not suffering from that so I don't see any problems with the way things are right now.
+1 A change in supply parameters (other than % stake, which rewards existing holders proportionately) is the death knell for a coin's potential and trust. Just talking about it is not good, but one single executed change is enough to kill. Any savvy traders will see it as an attempt by early adopters to dump-out. may i just add DARK COIN and XC coin reduced supply, they doing well aer'nt they i would advice to cut the pow block reward and put the left pow coin to pos phase, so Multipool will not control our coin supply anymore. but maybe we should wait for the first halves Tomorrow.
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