ifightformerkel
Legendary
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Activity: 1386
Merit: 1000
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July 19, 2014, 09:03:28 PM |
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why dump?
because some people have to much money, when you will see 25k satoshi hold 24 hours |
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visonal1986
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July 19, 2014, 09:03:39 PM |
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Extra anon features
Conceal Coin [CNL]
Algo: X11
Block time: 30sec
Block reward: 3500 CNL
Last POW block 2880. (24 hours of mining)
Total POW coins: 8,500,000 CNL
POS starts at block 2000
Block retarget: every block
POS interest: 3% per year
Coins stake after 24 hours
Confirmations per transaction 5
Coins mature after 100 blocks
Premine: 0 (0%)
I THINK POS INTEREST IS NO 3%PER YEAR
POS INTEREST IS 30%
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SecondsOld
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July 19, 2014, 09:03:50 PM |
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Fools. Does nobody actually get that POS blocks replace POW blocks? And since NOBODY had mature coins in their personal wallets that were able to stake until about block 2580, unfortunately more coins than intended got produced.
Dump if you want. But this was well planned and considered. It's not the dev's fault that nobody had coins to stake when staking began.
Well said and absolutely correct. |
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Dimitry
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July 19, 2014, 09:04:22 PM |
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Where is the Dev guys? Why he don't reply
Really who cares BUYYYYYYY i mean SELLLLL |
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jpouza
Legendary
Offline
Activity: 2688
Merit: 1110
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July 19, 2014, 09:04:40 PM |
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Dump more please
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Cornett
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July 19, 2014, 09:04:59 PM |
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"Detailed whitepaper coming soon" and what is the "burst algorithm" ? Only words
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cryptzo
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July 19, 2014, 09:05:28 PM |
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270+/- block left in POW and the explorer says 9,121,000 coins right now
ANN says only 8.5 million
SO HOW MANY COINS WILL THERE REALLY BE??
------------ EDIT ------------
OK guys, the CNL ann is wrong. 2880 POW blocks @ 3500 CNL each.... thats 10,080,000 coins. not 8.5million
D-do you even lift? I'm a little worried that this coin dev cannot even calculate total coins right I made your text smaller to emphasis how stupid what you said is. PoS blocks stealing away PoW blocks during the PoW period will only further reduce the supply of coins. Instead of a PoW miner being awarded 3500 coins, a PoS miner steals away that block and gets a couple coins. If PoS were having an effect, there should be even LESS coins right now, not more. And please, even if you did understand how this all works, just quick do the math in your head. How is PoS going to produce 1.5 million extra coins in one day? there is already 9,215,502.09333346 and still 241 POW blocks left. about 8,435,00 more coins still coming out WTF you are talking about? over 8 million new coins there will be under 10,5 million coins in total,
are you drunk?He didnt mean 8 million, he meant 843,000, read it again (2 0s) Yeah i was typing in a hurry and messed up my commas. I had already posted that i messed up... Sorry about that but my figures are still right Nobody started staking until block 2580, instead of 2000, because everyone was trading. Staked blocks replace pow blocks, so it's just a fact of life that there's going to be about 270 more POW blocks than intended, or roughly 945000 coins. Frankly, I'd say there's likely to be 9.5m - 9.7m. |
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jorrr
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July 19, 2014, 09:05:30 PM |
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4K new bottom! buy in rocket will launch to 10K soon
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yavuzc78
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July 19, 2014, 09:05:34 PM |
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why is it pumped and dumpen now?
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schiavonxv
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July 19, 2014, 09:05:43 PM |
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I'll set my order at 10k and go to sleep. Tomorrow I'll wake up with 300% profit; D
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Coolstoryteller
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July 19, 2014, 09:06:08 PM |
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Gentlemen, this is where the boys get separated from the men. Shakedown the weak handed, drop the hammer rinse and repeat.
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shnyrutti
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July 19, 2014, 09:06:26 PM |
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 support 10 btc SEEEEEEEEEELLLLLLLLLLLLLLLLL |
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Tree Fiddy
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July 19, 2014, 09:06:40 PM |
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why is it pumped and dumpen now?
1 post and a misplaced zero caused a panic sell lol I want to know how dev got this added to all of these exchanges so fast. |
ceo 10 μbtc/day
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yavuzc78
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July 19, 2014, 09:07:00 PM |
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I'll set my order at 10k and go to sleep. Tomorrow I'll wake up with 300% profit; D
are u sure? |
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silverduck
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July 19, 2014, 09:07:16 PM |
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there's gonna be so many regrets in about 24h, when have u seen a coin getting added on all exchanges at the same time?
NEVER!
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schiavonxv
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July 19, 2014, 09:08:41 PM |
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I'll set my order at 10k and go to sleep. Tomorrow I'll wake up with 300% profit; D
are u sure? Yeah ! |
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visonal1986
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July 19, 2014, 09:08:53 PM |
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270+/- block left in POW and the explorer says 9,121,000 coins right now
ANN says only 8.5 million
SO HOW MANY COINS WILL THERE REALLY BE??
------------ EDIT ------------
OK guys, the CNL ann is wrong. 2880 POW blocks @ 3500 CNL each.... thats 10,080,000 coins. not 8.5million
D-do you even lift? I'm a little worried that this coin dev cannot even calculate total coins right I made your text smaller to emphasis how stupid what you said is. PoS blocks stealing away PoW blocks during the PoW period will only further reduce the supply of coins. Instead of a PoW miner being awarded 3500 coins, a PoS miner steals away that block and gets a couple coins. If PoS were having an effect, there should be even LESS coins right now, not more. And please, even if you did understand how this all works, just quick do the math in your head. How is PoS going to produce 1.5 million extra coins in one day? there is already 9,215,502.09333346 and still 241 POW blocks left. about 8,435,00 more coins still coming out WTF you are talking about? over 8 million new coins there will be under 10,5 million coins in total,
are you drunk?He didnt mean 8 million, he meant 843,000, read it again (2 0s) Yeah i was typing in a hurry and messed up my commas. I had already posted that i messed up... Sorry about that but my figures are still right Nobody started staking until block 2580, instead of 2000, because everyone was trading. Staked blocks replace pow blocks, so it's just a fact of life that there's going to be about 270 more POW blocks than intended, or roughly 945000 coins. Frankly, I'd say there's likely to be 9.5m - 9.7m. Still don't know the exact POS PER YEAR, so that the total is not practical |
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qwep
Legendary
Offline
Activity: 1008
Merit: 1000
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July 19, 2014, 09:09:00 PM |
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POS cannot create coins that fast...it takes 24 hours, take your profits and run, boys! нy ты oлeнь  |
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hikky22
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July 19, 2014, 09:09:08 PM |
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Now it's clearly overpriced. I think it will drop to 1k satoshi or below. Everyone buying now - good luck  . |
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jorrr
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July 19, 2014, 09:09:38 PM |
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staking is working! prepare rocket
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