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Author Topic: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine  (Read 575151 times)
Uran0s
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August 04, 2014, 12:24:08 PM
 #1001

My wallet doesnt want to synchronize, Stuck on "Donloading headers" :/. Any help? This thread is so messy that cant find anything..
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August 04, 2014, 01:03:31 PM
 #1002

list this on bittrex?
richardn1987
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August 04, 2014, 01:05:01 PM
 #1003

So, XCN coin limit 100x higher than XMR, XMR price 60x bigger than XCN. I guess this shit qualifies as fully pumped. right ? From now on it's basically "buy it when you need it", it's uselles as a store of value...
Yea like any other alt is a store of value. It'll take a year just to get to the level of coins bc has. Get over the total coin count guys. Nobody bitches about all the pos coins coming out everyday that get 10 million mined in 3 days.

At 1 year out, current price values market cap at ~$8m. Not extreme for the concept. That means 80% of those coins have still to be mined/distributed in the next 12 months : the slower steady distribution is a positive. I am a buyer.

~$8m is not extreme for the concept at this moment. Imagine in a year, when btc marketcap could be  500 billion.
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August 04, 2014, 01:07:46 PM
 #1004

what about change the total coins? 1 billion really too much  Roll Eyes

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August 04, 2014, 01:12:21 PM
 #1005

what about change the total coins? 1 billion really too much  Roll Eyes

You're an idiot. It does not matter where you put the decimal point.

Code:
Donations: BTC: 1WoLFdwcfNEg64fTYsX1P25KUzzSjtEZC -- XMR: 45SLUTzk7UXYHmzJ7bFN6FPfzTusdUVAZjPRgmEDw7G3SeimWM2kCdnDQXwDBYGUWaBtZNgjYtEYA22aMQT4t8KfU3vHLHG
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August 04, 2014, 01:34:09 PM
 #1006

Can we get some build instructions and dependencies?  Trying to get qt running on Elementary OS which is based on Ubuntu 12.04 afaik.

HOdlCoin - HKuon6NNgAB3CbME8H7iwXs4XKshovnaWh
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August 04, 2014, 01:38:57 PM
 #1007

what about change the total coins? 1 billion really too much  Roll Eyes

You're an idiot. It does not matter where you put the decimal point.

well the ppl care about inflation is a idoit? what level of brain damage you are?  Cheesy


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August 04, 2014, 01:42:23 PM
 #1008

what about change the total coins? 1 billion really too much  Roll Eyes

You're an idiot. It does not matter where you put the decimal point.

well the ppl care about inflation is a idoit? what level of brain damage you are?  Cheesy



maybe we can discuss this problem of inflation

Rich with Cannabiscoin
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August 04, 2014, 02:05:54 PM
 #1009

what about change the total coins? 1 billion really too much  Roll Eyes

You're an idiot. It does not matter where you put the decimal point.

well the ppl care about inflation is a idoit? what level of brain damage you are?  Cheesy



maybe we can discuss this problem of inflation

what about change the total coins? 1 billion really too much  Roll Eyes

You're an idiot. It does not matter where you put the decimal point.

well the ppl care about inflation is a idoit? what level of brain damage you are?  Cheesy




1 - You  cannot change the final amount of coins after the social contract for a coin has been set in place. Once a coin is released that will mint X amount of coins then the wheels are set in motion, this is a basic principle that even Satoshi talked about. If the creator of this coin then changed the final amount of coins or changed the inflation amount after the coin has been released, they are effectively creating a premine. A premine is bad, it'll kill all legitimacy for this coin.

2 - If you don't like the inflation rate, please fork this coin and release it under a new name.

3 - The creator specifically wanted high inflation for a fairer long term useage. You're currently asking for something that is against one of the primary purposes of this coin. You need to research about what a coin's creator intended in their coin before complaining about one of its primary objectives.
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August 04, 2014, 02:23:58 PM
 #1010

what about change the total coins? 1 billion really too much  Roll Eyes

You're an idiot. It does not matter where you put the decimal point.

well the ppl care about inflation is a idoit? what level of brain damage you are?  Cheesy



maybe we can discuss this problem of inflation

what about change the total coins? 1 billion really too much  Roll Eyes

You're an idiot. It does not matter where you put the decimal point.

well the ppl care about inflation is a idoit? what level of brain damage you are?  Cheesy




1 - You  cannot change the final amount of coins after the social contract for a coin has been set in place. Once a coin is released that will mint X amount of coins then the wheels are set in motion, this is a basic principle that even Satoshi talked about. If the creator of this coin then changed the final amount of coins or changed the inflation amount after the coin has been released, they are effectively creating a premine. A premine is bad, it'll kill all legitimacy for this coin.

2 - If you don't like the inflation rate, please fork this coin and release it under a new name.

3 - The creator specifically wanted high inflation for a fairer long term useage. You're currently asking for something that is against one of the primary purposes of this coin. You need to research about what a coin's creator intended in their coin before complaining about one of its primary objectives.

I guess his primary purposes is creat a coin to mine? whatever it is, I don't care, I got enough profit already and I'm going to find next coin has no gaint inflation like this Grin

AtlasONo
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August 04, 2014, 02:28:06 PM
 #1011

Nice, all I did was close and re-open it and this happened.  Roll Eyes

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August 04, 2014, 02:29:58 PM
 #1012

So, XCN coin limit 100x higher than XMR, XMR price 60x bigger than XCN. I guess this shit qualifies as fully pumped. right ? From now on it's basically "buy it when you need it", it's uselles as a store of value...
Yea like any other alt is a store of value. It'll take a year just to get to the level of coins bc has. Get over the total coin count guys. Nobody bitches about all the pos coins coming out everyday that get 10 million mined in 3 days.

At 1 year out, current price values market cap at ~$8m. Not extreme for the concept. That means 80% of those coins have still to be mined/distributed in the next 12 months : the slower steady distribution is a positive. I am a buyer.

~$8m is not extreme for the concept at this moment. Imagine in a year, when btc marketcap could be  500 billion.

Yes, true, but 500BN is a bit of a stretch. My own guess is that BTC will be around 10bn in a year. The alternative concept coins will gain relatively to that ,and most of the clones, lacking sufficient support, will fade away. OCICBW
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August 04, 2014, 02:31:58 PM
 #1013

what about change the total coins? 1 billion really too much  Roll Eyes

You're an idiot. It does not matter where you put the decimal point.

well the ppl care about inflation is a idoit? what level of brain damage you are?  Cheesy



maybe we can discuss this problem of inflation

what about change the total coins? 1 billion really too much  Roll Eyes

You're an idiot. It does not matter where you put the decimal point.

well the ppl care about inflation is a idoit? what level of brain damage you are?  Cheesy




1 - You  cannot change the final amount of coins after the social contract for a coin has been set in place. Once a coin is released that will mint X amount of coins then the wheels are set in motion, this is a basic principle that even Satoshi talked about. If the creator of this coin then changed the final amount of coins or changed the inflation amount after the coin has been released, they are effectively creating a premine. A premine is bad, it'll kill all legitimacy for this coin.

2 - If you don't like the inflation rate, please fork this coin and release it under a new name.

3 - The creator specifically wanted high inflation for a fairer long term useage. You're currently asking for something that is against one of the primary purposes of this coin. You need to research about what a coin's creator intended in their coin before complaining about one of its primary objectives.

+1

XCN is what it is. The whole concept has been considered by the developers, buyers and miners make their choices.
Majormax
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August 04, 2014, 02:33:39 PM
 #1014

what about change the total coins? 1 billion really too much  Roll Eyes

You're an idiot. It does not matter where you put the decimal point.

well the ppl care about inflation is a idoit? what level of brain damage you are?  Cheesy



maybe we can discuss this problem of inflation

Inflation is not a problem. It is a fact, and a way to gain an edge in disribution. I am strongly in favour of inflation (in the early years of a coin)
suchnekky
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August 04, 2014, 02:52:19 PM
 #1015

I guess if old blockchain data is deleted, it kind of makes this anonymous and untracable Wink

• ⓢⓤⓒⓗⓝⓔⓚⓚⓨ •
wenjiannin
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NO zuo NO die why you try


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August 04, 2014, 03:03:19 PM
 #1016

this coin is to hot , erveryone go to buy somethings . Smiley

Men have a Land Rover
drawingthesun
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August 04, 2014, 03:04:57 PM
 #1017

I guess if old blockchain data is deleted, it kind of makes this anonymous and untracable Wink

Not really. People can save the old data, and even create a collaboration portal where blockchain chunks are uploaded to create an unbroken chain from day one for the purpose of reducing this coins anonymity abilities.
watuba
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August 04, 2014, 03:21:21 PM
 #1018



1 - You  cannot change the final amount of coins after the social contract for a coin has been set in place. Once a coin is released that will mint X amount of coins then the wheels are set in motion, this is a basic principle that even Satoshi talked about. If the creator of this coin then changed the final amount of coins or changed the inflation amount after the coin has been released, they are effectively creating a premine. A premine is bad, it'll kill all legitimacy for this coin.

2 - If you don't like the inflation rate, please fork this coin and release it under a new name.

3 - The creator specifically wanted high inflation for a fairer long term useage. You're currently asking for something that is against one of the primary purposes of this coin. You need to research about what a coin's creator intended in their coin before complaining about one of its primary objectives.

+1

XCN is what it is. The whole concept has been considered by the developers, buyers and miners make their choices.

+10,000  

This answers 90% of the questions in the thread.

koko2530
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August 04, 2014, 03:43:15 PM
 #1019

wtb gpu miner
please pm
 Grin

xinweiwei
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August 04, 2014, 03:46:40 PM
 #1020

 >:(So big hash

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