jc12345
Legendary
 Offline
Activity: 1638
Merit: 1013
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July 04, 2014, 08:50:32 AM |
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The cost of mining this coin is between 8000-9000 sats at 190 diff on pool mining which is too high and risky for a copycat coin. It is at most a mine and pump and dump and get out quickly coin. There is no reason based on current OP details why the coin should trade that high as the only thing for it is the number of coins. No innovation, no features. To break even now with mining the coin needs to trade at 9000-10000 at least and cost of mining will increase as more farms come online.
I cant see what would drive a price of 10k+ except for a quick pump and dump and move on. Add to that the risk of a dump of 1% premine in the event that the coin does go over 10k to maybe 20k. 10000 premine dump at 20k = 2 BTC which is not bad for a days copy and paste work.
Put premine in escrow dev.
Risky items:
1. Dev stats:
Name: cores
Posts: 5
Activity: 5
Position: Newbie
Date Registered: June 30, 2014, 01:22:30 PM
Last Active: Today at 05:05:06 PM
2. Hotmail email address
3. 1% premine (not in escrow)
4. No plans, no innovation, copycat
5. Poor business plan.
Did I miss something?
Maybe dev will pull a rabbit out of a hat and prove me wrong. Time will tell.
Your cost of mining is base of rental price? Yes, but remember it is point in time and changes the whole time up or down. |
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TaijiBagua
Newbie
Offline
Activity: 56
Merit: 0
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July 04, 2014, 09:34:38 AM |
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the dev is inactive... a bit worry about the coin.  |
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TaijiBagua
Newbie
Offline
Activity: 56
Merit: 0
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July 04, 2014, 09:38:32 AM |
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The crazy thing is the hash power is huge:
Net Hashrate
24,488.72 MH/s
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bahu
Member
Offline
Activity: 84
Merit: 10
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July 04, 2014, 11:16:10 AM |
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the dev is inactive... a bit worry about the coin. I do not worry about that coin as i do not for all the other devless clones. I know where it'll go. BTW exchange added - time to drop that poo |
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n3rfherder
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July 04, 2014, 12:37:33 PM |
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the dev is inactive... a bit worry about the coin. I do not worry about that coin as i do not for all the other devless clones. I know where it'll go. BTW exchange added - time to drop that poo Alcurex is terrible. The site is down or slow to load sometimes and it barely has volume. Wait for a better exchange. |
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Shkembe
Legendary
Offline
Activity: 1560
Merit: 1001
Epic Private Internet Cash
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July 04, 2014, 03:15:30 PM |
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There is no single word from the dev since yesterday and there is nothing to do here. Let's move from this shit to some other...  |
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cores (OP)
Newbie
Offline
Activity: 10
Merit: 0
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July 04, 2014, 03:22:36 PM |
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the dev is inactive... a bit worry about the coin. I do not worry about that coin as i do not for all the other devless clones. I know where it'll go. BTW exchange added - time to drop that poo Alcurex is terrible. The site is down or slow to load sometimes and it barely has volume. Wait for a better exchange. There is no single word from the dev since yesterday and there is nothing to do here. Let's move from this shit to some other... the dev is inactive... a bit worry about the coin. We have been trying to make a better communication coming soon! |
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ddfd1
Newbie
Offline
Activity: 29
Merit: 0
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July 04, 2014, 05:18:44 PM |
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What time on bittrex  |
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han1122
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July 04, 2014, 08:31:52 PM |
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Any plan on this coin ?
Can you give some news , dev ?
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ebeth08
Full Member
Offline
Activity: 168
Merit: 100
Twitter - @hashking
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July 04, 2014, 09:49:19 PM |
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Selling 700 Corecoins for .1 BTC
PM me
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anhpt192
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July 05, 2014, 05:44:02 AM |
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What time on bittrex +10 |
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cointrader83
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July 05, 2014, 05:47:05 AM |
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Hey Devs!
Why want you that this coin die???
Please make here a better communication!
Plans, exchange, etc???
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bahu
Member
Offline
Activity: 84
Merit: 10
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July 05, 2014, 07:54:13 AM |
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Hey Devs!
Why want you that this coin die???
Please make here a better communication!
Plans, exchange, etc???
Why!??!? just read coin spesc premine + 6 day pow??? devs are lunching another poo at the moment. I'm newbie but not naive. |
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cointrader83
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July 05, 2014, 10:08:16 AM |
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Hey Devs!
Why want you that this coin die???
Please make here a better communication!
Plans, exchange, etc???
Why!??!? just read coin spesc premine + 6 day pow??? devs are lunching another poo at the moment. I'm newbie but not naive. Yes? And where will they sell their premined coins? |
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bahu
Member
Offline
Activity: 84
Merit: 10
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July 05, 2014, 10:15:33 AM |
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Hey Devs!
Why want you that this coin die???
Please make here a better communication!
Plans, exchange, etc???
Why!??!? just read coin spesc premine + 6 day pow??? devs are lunching another poo at the moment. I'm newbie but not naive. Yes? And where will they sell their premined coins? They got one (not so good ) - exchange |
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zarton
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July 05, 2014, 10:56:42 AM |
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The dev not paid the bounties, he still have all the premined if not dumped yet.
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cores (OP)
Newbie
Offline
Activity: 10
Merit: 0
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July 05, 2014, 11:50:17 AM
Last edit: July 08, 2014, 04:08:04 AM by cores |
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The dev not paid the bounties, he still have all the premined if not dumped yet.
We have put all the money for the bounty exploitation and promotion！ |
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bahu
Member
Offline
Activity: 84
Merit: 10
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July 05, 2014, 01:11:58 PM
Last edit: July 05, 2014, 01:27:35 PM by bahu |
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The dev not paid the bounties, he still have all the premined if not dumped yet.
BTW You do not need exchange to sell. You need buyer |
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Chaosbubba
Newbie
Offline
Activity: 43
Merit: 0
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July 05, 2014, 04:44:34 PM |
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The dev not paid the bounties, he still have all the premined if not dumped yet.
We have put all the money for the bounty exploitation and promotion！ You haven't paid for the bounties. When will you plan to pay ? |
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ShibecoinSucks
Member
Offline
Activity: 112
Merit: 10
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July 05, 2014, 06:38:37 PM |
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Hi everyone, I have been trying to get my Sgminer5.0 to mine X15 for the past few days. I'm having problems with the config file, evey config i try gives me no connection to the pool, or HW errors with invalid nonce count, also the other issue is low difficulty shares being rejected. I am using BAMT with SGMINER 5.0 and its the only way I can mine x15, if anyone has a config file i can try please I will pay for you help.
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