[SDC] ShadowCash | Welcome to the UMBRA

[4M8B]

i advise everyone to read about this thread, link below

http://shadowtalk.org/topic/270/rich-list-11-21-2014

very nice points of view

The distribution on this coin isn't the best, I'm not to concerned about that as I believe that the tech behind this coin will carry it through.

Actually having such an unfair distribution is good for short term price increases. If they have strong hands, and they dont sell its ok. It keeps coins off the market.

However, it can deter investors. And of course what kind of long term prospects can an investor have?

I'm investor and if my hands are strong enough I'll keep them till marketcap reaches fifty million which is a nice market cap these days...

[bitcoin carpenter]

i advise everyone to read about this thread, link below

http://shadowtalk.org/topic/270/rich-list-11-21-2014

very nice points of view

The distribution on this coin isn't the best, I'm not to concerned about that as I believe that the tech behind this coin will carry it through.

Actually having such an unfair distribution is good for short term price increases. If they have strong hands, and they dont sell its ok. It keeps coins off the market.

However, it can deter investors. And of course what kind of long term prospects can an investor have?

I think it would be better for the coin if the top holders dumped some coins now say 10-15% just so more people can join the shadow community with a large enough stake to care about helping with the community projects...

Large holders are the only thing holding back mass adoption of sdc IMHO

[SebSebastian]

i advise everyone to read about this thread, link below

http://shadowtalk.org/topic/270/rich-list-11-21-2014

very nice points of view

The distribution on this coin isn't the best, I'm not to concerned about that as I believe that the tech behind this coin will carry it through.

Actually having such an unfair distribution is good for short term price increases. If they have strong hands, and they dont sell its ok. It keeps coins off the market.

However, it can deter investors. And of course what kind of long term prospects can an investor have?

I think it would be better for the coin if the top holders dumped some coins now say 10-15% just so more people can join the shadow community with a large enough stake to care about helping with the community projects...

Large holders are the only thing holding back mass adoption of sdc IMHO

I feel the same way about Bitcoin. It doesn't seem right that just because Satoshi heard about it before me that he gets to to hold 10% of the entire supply. Satoshi pm me if you read this dude and maybe we could sort out an off-exchange trade cos I don't think this "Bitcoin" is going to survive with such unfair distribution.

Shadow's still an absolute bargain given the coin's features and the relentless next-level development work (4 bitcoin's worth get's you on the front page of the rich list),  yet still people complain. It's not like people who invested in the early stages of every other legitimate cryptocurrency project were rewarded by increasing demand and higher prices. Oh no.. wait, yes they were.

Setting myself a reminder to look back on this post in 6 months time so that I can have a chuckle about the time when people complained about the distribution when you could still get SDC for around 11 cents each.

[OliverCR]

Devs dont care about the price, they care about the value.

I don't think that someone is in cryptoworld because he likes new technology and new ideas... 99.9999% just want to earn some money so they only care about price - now and in the near feature!

[4M8B]

i advise everyone to read about this thread, link below

http://shadowtalk.org/topic/270/rich-list-11-21-2014

very nice points of view

The distribution on this coin isn't the best, I'm not to concerned about that as I believe that the tech behind this coin will carry it through.

Actually having such an unfair distribution is good for short term price increases. If they have strong hands, and they dont sell its ok. It keeps coins off the market.

However, it can deter investors. And of course what kind of long term prospects can an investor have?

I think it would be better for the coin if the top holders dumped some coins now say 10-15% just so more people can join the shadow community with a large enough stake to care about helping with the community projects...

Large holders are the only thing holding back mass adoption of sdc IMHO

Smartest way is large stakeholders releasing small amounts dependent on market cap... there will be always sellers and buyers no matter large stakeholders or not... and volatility will decrease by time

Even @ 10$/SDC large buyers can get a large stake ...

[4M8B]

Devs dont care about the price, they care about the value.

I don't think that someone is in cryptoworld because he likes new technology and new ideas... 99.9999% just want to earn some money so they only care about price - now and in the near feature!

I'm in for the technology and nice development , and yes i'm also investing which is pretty normal i think

As you can see on the ripple protocol last days, even the banking guys starting to notice the possibilities of crypto, but in their manner of handling transactions...

[child_harold]

Don't forget to STAKE your coins!

Network Weight now over 500K (thats a 2-3x jump in 24 hrs).  

All the new comers.

Don't forget to STAKE your coins! Together we make the network stronger and more secure.

> Strength through Unity

remember, remember…
 

[godzirra]

There has been massive amounts of sdc traded over the past two weeks.
Distribution has been getting better every day.

[Automatic Monkey]

The whales will part with their coins when there is something to buy with them. Others will offer the whales something for their coins when there is something to buy with them. That's what it's going to take.

One of the things I see happening is people downloading the wallet as a secure alternative to Skype, mostly for communication and the fact that you can also exchange a cryptocurrency with it is a bonus. Once it has full functionality that might be a good way to promote it. "Want to show your boyfriend your tits? Don't want to show NSA employees your tits? Don't want a hacker to blackmail you with pictures of your tits? Then download the Shadowcash wallet!"

[child_harold]

The whales will part with their coins when there is something to buy with them. Others will offer the whales something for their coins when there is something to buy with them. That's what it's going to take.

One of the things I see happening is people downloading the wallet as a secure alternative to Skype, mostly for communication and the fact that you can also exchange a cryptocurrency with it is a bonus. Once it has full functionality that might be a good way to promote it. "Want to show your boyfriend your tits? Don't want to show NSA employees your tits? Don't want a hacker to blackmail you with pictures of your tits? Then download the Shadowcash wallet!"

Anonymous Tits  

[systh]

Question about Staking

I'm curious, I have some coins in my wallet, but the part of them that is Staking seems to be quite random.. or am I wrong?
Is there any way to set max. amount for Staking? (I know there's the "Reserves" option, but I mean the opposite).

[child_harold]

Question about Staking

I'm curious, I have some coins in my wallet, but the part of them that is Staking seems to be quite random.. or am I wrong?
Is there any way to set max. amount for Staking? (I know there's the "Reserves" option, but I mean the opposite).

This is my experience. Not all ur coins can stake at all times.
Somebody else will explain the maths.

Yes, you can can specify a max limit of coins to stake.
No, it is not possible to stake everything always.

[coinzcoinzcoinz]

Can someone explain the increase in coin supply to me? I understand that POW phase is over and now we are in POS phase. Does that mean that total coin supply will now increase with 2% a year? I'm asking as I want to understand how much my coins will decrease in price over time if market cap stays equal, it will affect my trading strategy.

[child_harold]

Can someone explain the increase in coin supply to me? I understand that POW phase is over and now we are in POS phase. Does that mean that total coin supply will now increase with 2% a year? I'm asking as I want to understand how much my coins will decrease in price over time if market cap stays equal, it will affect my trading strategy.

this does mean supply will increase 2% a year

if there are any other other variables/considerations, like the impact of transaction fees, I'd like to know

but yes, it is 2%

see http://coinmarketcap.com/currencies/shadowcoin/

Available Supply: 6,447,068 SDC

[systh]

Question about Staking

I'm curious, I have some coins in my wallet, but the part of them that is Staking seems to be quite random.. or am I wrong?
Is there any way to set max. amount for Staking? (I know there's the "Reserves" option, but I mean the opposite).

This is my experience. Not all ur coins can stake at all times.
Somebody else will explain the maths.

Yes, you can can specify a max limit of coins to stake.
No, it is not possible to stake everything always.

Thanks for clarifying that, appreciated.

[child_harold]

Question about Staking

I'm curious, I have some coins in my wallet, but the part of them that is Staking seems to be quite random.. or am I wrong?
Is there any way to set max. amount for Staking? (I know there's the "Reserves" option, but I mean the opposite).

This is my experience. Not all ur coins can stake at all times.
Somebody else will explain the maths.

Yes, you can can specify a max limit of coins to stake.
No, it is not possible to stake everything always.

Thanks for clarifying that, appreciated.

NP. My pleasure  
If somebody wants to chime in with more technical info (or links) that'd be cool.

[jw_industry]

is shadow chat almost done?

[Automatic Monkey]

Can someone explain the increase in coin supply to me? I understand that POW phase is over and now we are in POS phase. Does that mean that total coin supply will now increase with 2% a year? I'm asking as I want to understand how much my coins will decrease in price over time if market cap stays equal, it will affect my trading strategy.

this does mean supply will increase 2% a year

if there are any other other variables/considerations, like the impact of transaction fees, I'd like to know

but yes, it is 2%

see http://coinmarketcap.com/currencies/shadowcoin/

Available Supply: 6,447,068 SDC

It should be less than 2% of the total, because all the coins aren't staking.

The fees shouldn't affect coin supply because they're just being moved from one account to another, but I don't think you get your share of that unless you're staking either.

[UNO_owner]

It should be less than 2% of the total, because all the coins aren't staking.

The fees shouldn't affect coin supply because they're just being moved from one account to another, but I don't think you get your share of that unless you're staking either.

#1.  Mostly wrong.  I guess yes, technically it will be less than 2% for most years.  However, all the coins aren't staking but coin age is saved.  You could have shadow on a paper wallet 5 years, import the same key to a machine wallet, and get 5 years worth of coin age for the first stake.

#2.  Correct.  Fees are redistributed in stakes.  For at least blackcoin anyway, and while I don't know for sure, I'm guessing this is a blackcoin fork, since every pos coin worth a shit in the last 8 months has been.   http://www.reddit.com/r/blackcoin/comments/2n2xp4/raising_staking_awareness_foundation_to_give_out/

[Automatic Monkey]

It should be less than 2% of the total, because all the coins aren't staking.

The fees shouldn't affect coin supply because they're just being moved from one account to another, but I don't think you get your share of that unless you're staking either.

#1.  Mostly wrong.  I guess yes, technically it will be less than 2% for most years.  However, all the coins aren't staking but coin age is saved.  You could have shadow on a paper wallet 5 years, import the same key to a machine wallet, and get 5 years worth of coin age for the first stake.

#2.  Correct.  Fees are redistributed in stakes.  For at least blackcoin anyway, and while I don't know for sure, I'm guessing this is a blackcoin fork, since every pos coin worth a shit in the last 8 months has been.   http://www.reddit.com/r/blackcoin/comments/2n2xp4/raising_staking_awareness_foundation_to_give_out/

All right, then what is the difference between a staking coin and a non-staking coin? Just how much of the fees you get?