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Author Topic: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine  (Read 578449 times)
cubex
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August 14, 2014, 03:26:47 PM
 #1561

Lots of new miners jumping on this coin today. Difficulty is shooting up. Even now, the party might be over. :p

At this exchange rate, many miners will lose money, except if they have free electricity and/or private mining software.
tarzanbigcity
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August 14, 2014, 03:43:06 PM
 #1562

My payouts are steadily decreasing Sad  Onto the next coin.
tc61
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August 14, 2014, 06:11:06 PM
 #1563

The pond is drying up..all the fish looking for the water...all cryptos are dead...I dont see any light at the end of the tunnel...the amount of shitcoins killed the whole thing, nothing is profitable anymore
Jungian
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August 14, 2014, 06:14:04 PM
 #1564

The pond is drying up..all the fish looking for the water...all cryptos are dead...I dont see any light at the end of the tunnel...the amount of shitcoins killed the whole thing, nothing is profitable anymore

It's just the market cleaing out bad investments. Happens in all sectors where the market gets a say. It's a good thing.

I think Monero (XMR) is very interesting.
https://moneroeconomy.com/faq/why-monero-matters
tc61
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August 14, 2014, 06:16:44 PM
 #1565

What exchanges can you trade this on?
Jungian
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August 14, 2014, 06:33:19 PM
 #1566

What exchanges can you trade this on?

Bter: www.bter.com
btc38: www.btc38.com
C-CEX: www.c-cex.com

I think Monero (XMR) is very interesting.
https://moneroeconomy.com/faq/why-monero-matters
tarzanbigcity
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August 14, 2014, 07:48:03 PM
 #1567

The mini blockchain is a nifty idea. Probably one that future coins can pick up on. Altcoins tend to go through waves of evolution it seems. What you see are the dinosaurs dying out.
tc61
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August 14, 2014, 09:45:43 PM
 #1568

CAn you solomine this or do you need a pool now
Jungian
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August 14, 2014, 09:59:21 PM
 #1569

CAn you solomine this or do you need a pool now

You need a pool for sure.

I think Monero (XMR) is very interesting.
https://moneroeconomy.com/faq/why-monero-matters
3months18w
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August 15, 2014, 01:11:54 AM
 #1570

The pond is drying up..all the fish looking for the water...all cryptos are dead...I dont see any light at the end of the tunnel...the amount of shitcoins killed the whole thing, nothing is profitable anymore

It's not the shitcoins alone man. It's the army of motherfuckers that has surrounded the "good" coins and the games they play upon investors which have pushed them to shitcoins. Also it's these fucking boards which are like the tribal gathering of cretins with their 'to the moon' and 'nom nom nom' posts and the army of idiots that follows them making things so extremely unpredictable that scare legit investors away. Finally, it's the lack of fair coin launches and the total elimination of logic that make people keep their money in BTC and do quick buys and sells whenever they see the opportunity. Take for example this coin's launch. They call it fair because cpu miners (mainly botnets) had the opportunity to mine it and sell it at 8k-10k sat before the gpu miner was released, while they do not see that early investors who bought at those prices were fucked up and that newcomer miners will most probably never have such opportunity to sell at those prices only a few days after launch. In other words it's this fucking mentality that something is fair as long as the very few make a huge profit that kills logic and scares people away. If you ask me, every altcoin is yet another fuck up. Nothing to really care about.


When is your last post in this thread? You said several times.

iCEBREAKER
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August 15, 2014, 01:28:21 AM
 #1571

[spectacular yet redundant display of self-pity plus economic and philosophic illiteracy]

Jesus christ how long are you people going to go around in circles arguing about the same thing? You're spamming up my thread, please stop.

Maybe we need a contest thread for the best 'Goodbye Cruel Altcoin' poster who fails to actually leave?

First Prize is 100 IxCoins!   Cheesy


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
smooth
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August 15, 2014, 01:33:40 AM
 #1572

Whats the daily emission on this? 10 years half the coins are mined. So calculated linearly, thats 250k coins per day.... the price seems right if not a little high for where it is in its life.

What is the actual amount of currently emitted coins? Coinmarketcap seems to be stuck on the number 5,918,721... and minichain.info doesnt load.

Given the 10 year smooth curve the number of coins per block is approximately constant over the so-far short life of the coin so just take the reward of (about 242) coins and multiply by the current height (29619) = 7167798. Not exact but good enough.
smooth
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August 15, 2014, 01:37:54 AM
 #1573

the lack of fair coin launches

Valid point but way off topic. Take it elsewhere.
smooth
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August 15, 2014, 01:53:01 AM
 #1574

the lack of fair coin launches

Valid point but way off topic. Take it elsewhere.


Not really off topic, but whatever you say.

It is off topic if you are talking about the lack of fair launches generally. We could certainly have a good discussion about what best practices might make coin launches not only more fair but more transparent and verifiably fair. But not here.

As for this coin, I agree with the developer that the issues with this coin's launch have been discussed here over and over again. Anyone researching it can and will find that information in Google.

Do you have anything new to add?

istvandv
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August 15, 2014, 02:07:17 AM
 #1575

When is your last post in this thread? You said several times.

i just used the ignore button, works wonders  Grin

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cubydu
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August 15, 2014, 02:11:13 AM
 #1576

When is your last post in this thread? You said several times.

OK. You have my word that I will not post again in this thread.

)))))

GreatOrchid
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August 15, 2014, 03:41:47 AM
 #1577

wallet doesnt work
i download all others they work?
MorAltsPlease
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August 15, 2014, 06:44:55 AM
 #1578

why this coin is so struggling in the exchanges?
Amph
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August 15, 2014, 06:46:44 AM
 #1579

why this coin is so struggling in the exchanges?

every coin is struggling right now, even bitcoin
cubex
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August 15, 2014, 07:22:29 AM
Last edit: August 15, 2014, 09:07:11 AM by cubex
 #1580

why this coin is so struggling in the exchanges?

This group of buyers is bottom-fishing.  Unfortunately, with the hash-rate more than double (resulting mined coins halved) since the last price rally and the last few days of BTC big slide (BTC is USD510 now), it becomes a money-losing business to mine even with the slight increase in price.  When miners start to realise the current exchange price cannot cover their costs, they will ask for a higher price.
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