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Author Topic: X13 [ANN] *SUMMERCOIN 2.0* [POW/POS][NAVAJO ANONYMOUS TECHNOLOGY][DECENTRALIZED]  (Read 171591 times)
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cienki7
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May 30, 2014, 05:15:45 PM
 #161

SUM1 bittrex trading volume reached 20 BTC. It was less than 1 BTC couple of days ago. Maybe we will see more volume ? Perhaps SUM2 (x13) can break boostcoin (x13) volume when it is out ! If that is the case, what u buy now can be worth 10x on SUM2.

I think we can easily reach 5000-10000 after SUM2 launch

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May 30, 2014, 05:19:40 PM
 #162

SUM1 bittrex trading volume reached 20 BTC. It was less than 1 BTC couple of days ago. Maybe we will see more volume ? Perhaps SUM2 (x13) can break boostcoin (x13) volume when it is out ! If that is the case, what u buy now can be worth 10x on SUM2.

I think we can easily reach 5000-10000 after SUM2 launch
YES WE CAN.

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May 30, 2014, 06:24:40 PM
 #163

SUM1 bittrex trading volume reached 20 BTC. It was less than 1 BTC couple of days ago. Maybe we will see more volume ? Perhaps SUM2 (x13) can break boostcoin (x13) volume when it is out ! If that is the case, what u buy now can be worth 10x on SUM2.

Currently SUM istrading at 800 sat. When SUM v2 with X13 is out, 10K sat is possible.
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May 30, 2014, 06:40:10 PM
 #164

SUM1 bittrex trading volume reached 20 BTC. It was less than 1 BTC couple of days ago. Maybe we will see more volume ? Perhaps SUM2 (x13) can break boostcoin (x13) volume when it is out ! If that is the case, what u buy now can be worth 10x on SUM2.

I think we can easily reach 5000-10000 after SUM2 launch
YES WE CAN.
I think its not possible.
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May 30, 2014, 06:53:21 PM
 #165

SUM1 bittrex trading volume reached 20 BTC. It was less than 1 BTC couple of days ago. Maybe we will see more volume ? Perhaps SUM2 (x13) can break boostcoin (x13) volume when it is out ! If that is the case, what u buy now can be worth 10x on SUM2.

I think we can easily reach 5000-10000 after SUM2 launch
YES WE CAN.
I think its not possible.
It's possible. 2k is more reasonable

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May 30, 2014, 06:55:26 PM
 #166

OFFICAL ANNOUNCEMENT

Becouse of the Community's wish we have decided to change total amount of SummerCoin 2.0 coins to 50,000,000
Becouse of that swap ratio is 1:1
Here's the full and updated specification:

Algorithm: X13 POW/POS
Symbol: SUM2
total coin: 50,000,000
Block reward: 1500
POW max height: 14000 - 7 days POW only
Block time: 30 seconds
Retarget: dfficulty will adjust dach 25 blocks, and at block 250, adjust dach block
Min age: 4 days
Max age: unlimited
Confirmations on Transactions: 3
Confirmations on Mined Blocks: 60
Stake interest: First Year: 20%
Second Year: 10%
Third Year goes on: 5%
PREMINE: amount of coins on the SUMv1 Chain (swapped at 1:1 ratio)
RPC port: 33333
P2P port: 33330

Like You can see Your suggestions are important for us!  Wink
- Strugg, SummerCoin Foundation Manager


I'm sorry im confused -- are the coins generated from the  7 day POW portion, already included in the 50,000,000 total coins?

How much of the 50,000,000 is coming from the previous summercoin swap ?
How much of the 50,000,000 is coming from the 7 day POW portion?

Thanks - sorry if this was answered already

Since we will swap SUM1 to SUM2 by ratio 1:1 we will be mining the exact amount of coins on the SUM1 chain on the first block, thereafter what's left od 50,000,000 will be given out for the POW phase. After POW will be POS.
 I hope You are satisfied with this explanation Wink

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bcd
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May 30, 2014, 07:01:00 PM
 #167

current traded volume for SUM @ bittrex is over 20 btc, when X13 is out it will be over 100 btc.
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May 30, 2014, 07:06:55 PM
 #168

OFFICAL ANNOUNCEMENT

Becouse of the Community's wish we have decided to change total amount of SummerCoin 2.0 coins to 50,000,000
Becouse of that swap ratio is 1:1
Here's the full and updated specification:

Algorithm: X13 POW/POS
Symbol: SUM2
total coin: 50,000,000
Block reward: 1500
POW max height: 14000 - 7 days POW only
Block time: 30 seconds
Retarget: dfficulty will adjust dach 25 blocks, and at block 250, adjust dach block
Min age: 4 days
Max age: unlimited
Confirmations on Transactions: 3
Confirmations on Mined Blocks: 60
Stake interest: First Year: 20%
Second Year: 10%
Third Year goes on: 5%
PREMINE: amount of coins on the SUMv1 Chain (swapped at 1:1 ratio)
RPC port: 33333
P2P port: 33330

Like You can see Your suggestions are important for us!  Wink
- Strugg, SummerCoin Foundation Manager


I'm sorry im confused -- are the coins generated from the  7 day POW portion, already included in the 50,000,000 total coins?

How much of the 50,000,000 is coming from the previous summercoin swap ?
How much of the 50,000,000 is coming from the 7 day POW portion?

Thanks - sorry if this was answered already

Since we will swap SUM1 to SUM2 by ratio 1:1 we will be mining the exact amount of coins on the SUM1 chain on the first block, thereafter what's left od 50,000,000 will be given out for the POW phase. After POW will be POS.
 I hope You are satisfied with this explanation Wink
Thanks that was quite clear!

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May 30, 2014, 07:16:07 PM
 #169

Over 30 BTC volume on Bittrex, we are going HIGH! Cheesy

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May 30, 2014, 07:19:10 PM
 #170

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May 30, 2014, 07:22:19 PM
 #171

I have a problem, as I stated before.. I got mac wallet, with coins inside, it's not syncing.. how do I swap for SUM 2.0 ?
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May 30, 2014, 07:40:43 PM
 #172

Please visit this page and post a few comments here:
https://bitcointalk.org/index.php?topic=625623.0

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May 30, 2014, 07:50:15 PM
 #173

We can hit 5K sat for Summer 2.0 easily. This is like and IPO, but a fair IPO with a very cheap price  Smiley
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May 30, 2014, 07:54:45 PM
 #174

Over 30 BTC volume on Bittrex, we are going HIGH! Cheesy
Hi, are we going to do coin swap before POW mining, or after POW mining commences?

cienki7
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May 30, 2014, 08:07:23 PM
 #175

Over 30 BTC volume on Bittrex, we are going HIGH! Cheesy
Hi, are we going to do coin swap before POW mining, or after POW mining commences?

I believe after a premine, and it over 48BTC volume already Smiley

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May 30, 2014, 08:16:09 PM
 #176

It would be good idea to contact poloniex to bring SUM back to the exchange

bcd
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May 30, 2014, 08:18:07 PM
 #177

It would be good idea to contact poloniex to bring SUM back to the exchange

The SUM volume @Bittrex will bring Polo back.
cienki7
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May 30, 2014, 08:27:58 PM
 #178

It would be good idea to contact poloniex to bring SUM back to the exchange

The SUM volume @Bittrex will bring Polo back.

Maybe they don't realise yet, couple messages on trollobox should help

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May 30, 2014, 08:35:41 PM
 #179

Over 30 BTC volume on Bittrex, we are going HIGH! Cheesy
Hi, are we going to do coin swap before POW mining, or after POW mining commences?
I will finish up discussing details about swap with dev very soon Wink

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May 30, 2014, 08:49:16 PM
 #180

Over 30 BTC volume on Bittrex, we are going HIGH! Cheesy
Hi, are we going to do coin swap before POW mining, or after POW mining commences?
I will finish up discussing details about swap with dev very soon Wink

53 btc volume (traded) as of now
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