vectisitch
Legendary
Offline
Activity: 1927
Merit: 1004
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July 16, 2014, 11:29:29 AM |
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that is a very short term outlook right there. bitcoin should be seen as investment. altcoins can be used as smaller denomination currency
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yellowduck2
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July 16, 2014, 11:31:06 AM |
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that is a very short term outlook right there. bitcoin should be seen as investment. altcoins can be used as smaller denomination currency
U don't understand how current alt coin works. Alt coin is meant for short term. Anyone who think alt coin is for long term will have a very high chance of losing money or making very little money. I lost a lot of BTC holding alt coin for long term. Once i understand alt is for short term, i start to make some BTC. As time goes by thinking alt coin is for short term, i begin to make some serious BTC.
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vectisitch
Legendary
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Activity: 1927
Merit: 1004
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July 16, 2014, 11:34:25 AM |
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your right but ultimately a few alts will survive to become like, bitcoin is the investment,the value store. alts can become the currencies. people are already using alts as currency. why not a few of them be long term currencies. so you haave to take your best guess and get them now while there cheap but yes,most are short term ways to make more btc
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yellowduck2
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July 16, 2014, 11:36:38 AM |
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your right but ultimately a few alts will survive to become like, bitcoin is the investment,the value store. alts can become the currencies. people are already using alts as currency. why not a few of them be long term currencies. so you haave to take your best guess and get them now while there cheap but yes,most are short term ways to make more btc
U are almost there. Once u get the "cheap coin" and "a few of them be long term" out of your mind. U will make money. Try it for a week. I used to think there is such thing as cheap coin.
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ocminer
Legendary
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Activity: 2688
Merit: 1240
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July 16, 2014, 11:41:34 AM |
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that is a very short term outlook right there. bitcoin should be seen as investment. altcoins can be used as smaller denomination currency
add a "most" before altcoins and i'm +1
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vectisitch
Legendary
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Activity: 1927
Merit: 1004
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July 16, 2014, 11:43:08 AM |
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a small few will survive i'm sure like ltc seems to. it's still very young but yes, btc can be the gold and some alts can be the currencies
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adaseb
Legendary
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Activity: 3878
Merit: 1733
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July 16, 2014, 11:46:40 AM |
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What is the correct block reward?
Seems messed up
Should be 550 at the moment.
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seandaniel
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July 16, 2014, 11:47:31 AM |
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I hope this coin will not a pump and dump coin
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TR8888
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July 16, 2014, 11:48:02 AM |
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We're at block 1814 or there abouts and rewards are 550.. should be 250..
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Djinou94
Legendary
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Activity: 1036
Merit: 1000
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July 16, 2014, 12:02:21 PM |
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P&D coin
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knightlife999
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July 16, 2014, 12:17:57 PM |
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Crumbs for the public, high returns for the devs. Be careful here...
I would recommend that anyone trading this coin set the following profit targets(revised):
Low risk: 20k Conservative: 30k Medium Risk: 45k High Risk: 65k
If you're going to risk your BTC on this, set a realistic profit target and exit with a nice profit. In the real world markets, 10-25% is a fantastic return. If you bought Key at 10k, selling at 30k is 200%. Very nice return. Be realistic and take your profit before someone else does.
At present, it looks like Key is a P&D. Be cautious. Set a realistic profit target. Set a target that is lower than the devs anticipate this coin will top out at. Take profit and move onto the next opportunity.
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Vizakenjack
Newbie
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Activity: 38
Merit: 0
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July 16, 2014, 12:23:52 PM |
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real block rewards: if(pindexBest->nHeight < 400) { nSubsidy = 500 * COIN; } else if(pindexBest->nHeight < 700) { nSubsidy = 450 * COIN; } else if(pindexBest->nHeight < 1000) { nSubsidy = 350 * COIN; } else if(pindexBest->nHeight < 1300) { nSubsidy = 300 * COIN; } else if(pindexBest->nHeight < 1600) { nSubsidy = 250 * COIN; } else if(pindexBest->nHeight < 2000) { nSubsidy = 550 * COIN; } else if(pindexBest->nHeight < 2100) { nSubsidy = 150 * COIN; } else if(pindexBest->nHeight < 3000) { nSubsidy = 100 * COIN; } else if(pindexBest->nHeight < 4000) { nSubsidy = 50 * COIN; }
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LordCoder
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July 16, 2014, 12:33:15 PM |
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Just sold 40 KEY for 0.007 BTC. Invested 0.001 BTC so nice reward I love this kind of shitcoins.
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TheFridge
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July 16, 2014, 12:47:15 PM |
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You gotta wonder where 100+GH comes from in seconds. Must be private pools but man that is a lot of hash
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utahjohn
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July 16, 2014, 12:58:04 PM |
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You gotta wonder where 100+GH comes from in seconds. Must be private pools but man that is a lot of hash
WP providing about 10GHs of that ... what is current blockheight?
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linedash
Newbie
Offline
Activity: 9
Merit: 0
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July 16, 2014, 01:10:37 PM |
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All 1500 coins? I mined more than that myself in the first hour.
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knightlife999
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July 16, 2014, 01:56:24 PM |
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Key's POW was literally one day. Get ready for the pump, and subsequent sell off. Set realistic profit targets guys. No pie in the sky on this one. Take your profit and move onto the next coin.
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SecondsOld
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July 16, 2014, 01:57:53 PM |
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I don't understand all the interest on this one, dev hasn't even posted since launch.
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