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Author Topic: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh)  (Read 432611 times)
Snake Pliskin
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November 11, 2014, 07:15:48 PM
 #681

Wow we took another big hit today on Bittrex
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November 11, 2014, 07:27:04 PM
 #682

Wow we took another big hit today on Bittrex
Fairly understandable really.  The miners have lost interest bye and bye, and without the POS wallet in place SLR is drifting sideways.  If it wasn't for Jupiter2014 putting 141 Mhash into the mining the difficulty would be at or  below 1.0.  With only BOTs doing any trading you can expect quite large shifts in the price until that POS wallet comes out.

Not much to do except wait....


SLR - 8dNrncD6mBWzPPQLMRqmk9oCxoC9N7Xfev
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November 11, 2014, 08:23:59 PM
 #683

If you can't beat'em join them!!!!

https://bitcointalk.org/index.php?topic=507103.0

I have a small stack so i'm going to take a crack at it.  Try to figure out a way to drive up the price  Wink

§: 8Q7zvaH955cCbqu2nCvpPcTvczGfe9psxE
§1 = 1MWh
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November 11, 2014, 08:24:13 PM
 #684

The last few weeks have proved that the price is only reflecting an idea in its infancy. If people valued the new idea and demand picked up more, the price would go up and miners would come back. Yet that hasn't happened. It will be the same with the PoS structure. Until we see action on the idea (i.e. an increase in generators claiming coins), I don't think we'll see much of an uptick in price in the short term, even when the wallet algorithm changes.

Even I fell victim to the expectations trap!  Shocked

It's an interesting chicken & egg scenario. Cheesy I think we all had expectations of a price increase solely as a result of making changes to the algorithm even though the only goal of changing the algorithm was to reduce risk on the network to support the price as it naturally goes up. Soon we will have a safer algorithm in place to support growing the network (and eventually price) but it still comes back to the mission of getting coins into generators hands, that IS the point of SolarCoin. And, as we are all aware, that sort of thing doesn't happen overnight, especially when almost everyone involved thinks the only people qualified to grow the network are those involved with the "Foundation". We can all choose to play a larger role, we don't need their permission to do it. The foundation is already there and it isn't about individuals, it's about all of us as a network. As soon as we clue into that, the better off we'll be.  Roll Eyes

Right now most people are classical "investors". Throw some money at something and expect others to do all the work to make it happen and then when nothing happens, rage against the machine. The thing about cryptocurrency that we need recognize and accept is the fact that we are all cogs in that machine and if it's gonna move we can't just sit back and expect everyone else to do all the work.

And now we are back to the same place we were before, the price is not reflecting the value of the idea. The idea needs to be acted upon more robustly and show signs of becoming a reality first before price will follow. Securing the network via PoS is just one of the first steps the community felt was important to make, i.e. secure the network before coin distribution starts to pick up. The PoS algorithm should keep the technology of the blockchain current for long enough that focus can be paid again to the Mission, thus the current holding pattern. I expect once that hurdle is cleared in the next week or so, advancement towards acting on the mission will continue, hopefully by more of us than just Nick and Joe.

That's my humble opinion.  Kiss

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Ether:        0xfe700f4aeec47e52eafad00f81977bb89738e0ae
​SolarCoin: 8MDk963sEh7RCMo3y3st7hTzMs7FzSdWSx
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November 11, 2014, 11:58:10 PM
 #685

The last few weeks have proved that the price is only reflecting an idea in its infancy. If people valued the new idea and demand picked up more, the price would go up and miners would come back. Yet that hasn't happened. It will be the same with the PoS structure. Until we see action on the idea (i.e. an increase in generators claiming coins), I don't think we'll see much of an uptick in price in the short term, even when the wallet algorithm changes.

Even I fell victim to the expectations trap!  Shocked

It's an interesting chicken & egg scenario. Cheesy I think we all had expectations of a price increase solely as a result of making changes to the algorithm even though the only goal of changing the algorithm was to reduce risk on the network to support the price as it naturally goes up. Soon we will have a safer algorithm in place to support growing the network (and eventually price) but it still comes back to the mission of getting coins into generators hands, that IS the point of SolarCoin. And, as we are all aware, that sort of thing doesn't happen overnight, especially when almost everyone involved thinks the only people qualified to grow the network are those involved with the "Foundation". We can all choose to play a larger role, we don't need their permission to do it. The foundation is already there and it isn't about individuals, it's about all of us as a network. As soon as we clue into that, the better off we'll be.  Roll Eyes

Right now most people are classical "investors". Throw some money at something and expect others to do all the work to make it happen and then when nothing happens, rage against the machine. The thing about cryptocurrency that we need recognize and accept is the fact that we are all cogs in that machine and if it's gonna move we can't just sit back and expect everyone else to do all the work.

And now we are back to the same place we were before, the price is not reflecting the value of the idea. The idea needs to be acted upon more robustly and show signs of becoming a reality first before price will follow. Securing the network via PoS is just one of the first steps the community felt was important to make, i.e. secure the network before coin distribution starts to pick up. The PoS algorithm should keep the technology of the blockchain current for long enough that focus can be paid again to the Mission, thus the current holding pattern. I expect once that hurdle is cleared in the next week or so, advancement towards acting on the mission will continue, hopefully by more of us than just Nick and Joe.

That's my humble opinion.  Kiss

It's a good opinion.  Wink

Personally, I think we also need to tap into the potential investor/promoter/supporter that exists for the good of the cause; not necessarily a solar producer (which will be the backbone of the coin); people who might like to get involved or promote the cryptocurrency, even though they may not be able to produce the energy.  IMHO, there is a large number of potential wallets in this space.

I'm coming back to my idea of the coin giveaway site. I'm going to throw out some ideas, and maybe others can lend their thoughts.

The basic premise, is to build a site that allows/provides a vehicle for those who want to get involved and distribute the message. It would be the collection or distribution site, where people could come to claim coins. The site could:

- manage personal donation wallets that contain coins for potential claims
- provide the ability for site Users to control a personal donation wallet, where coins could be deposited for potential giveaways
- the ability for Users to check their personal wallet balances, and see any claim details
- provide the User a sequence of auto-generated unique codes that allow potential Users to visit the site and claim coins
- provide a User interface within the site, where the person giving away the coins can define how many potential giveaways (codes) they want to generate, and how many coins per giveaway they would like to distribute (satoshis level, if desired)…not all of the flyers that may contain the codes would be claimed. Note: the donator could have more than 1 giveaway; i.e. some may be special, where the number of coins given away may be larger for one lot of codes.
- a deadline for the giveaway (a timeframe when the offer expires)
- provide the ability to auto build flyers, that contain basic information about the coin (web site/mission/cause/how to get a wallet/etc.), maybe some cool graphics, an auto generated code per flyer, the url to come and claim the coins/code. *** This feature is a biggie. It's also be nice to auto-produce a large pdf doc, with multiple flyers/pages, with a unique code on each one.  Maybe a multiple PDF options (?), so that people could email one or more to their friends or if any PV vendor or other solar manufacturer that may have an email list where the site could autosend an email flyer for promotion?
- accept the User input of 2 fields to claim the coins : code from flyer and coin wallet id

Again, I am over-worked and tired, and my mind is not too clear…but I am throwing thoughts out there.  I think if everyone started their own promotional campaign, it could be a huge take-off for solarcoin. Even 10k of solarcoins in a fund like this, where you could send a flyer out with 5 slr for each code, and 2000 flyers, would potentially bring in a few dozen/hundred new Users/wallets?

Let me know if anyone thinks something like this makes sense….or not.  lol


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November 12, 2014, 12:34:18 AM
 #686

I've spoken to many people about SLR on the IRC. It turns out a few of them are waiting for incorporation so they can offer their services and get a tax break. So don't worry about it, follow the plan and have patience.

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November 12, 2014, 12:56:39 AM
 #687

Some cheap coins out there for the taking!
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November 12, 2014, 01:04:57 AM
 #688

I think that's a cool idea Lucky. I'd send 10k SLR to help fund that. Perhaps more!  Grin

Bitcoin:     17tzgWkXMBazch4koAhokMTcCtbc4TaYkE
Ether:        0xfe700f4aeec47e52eafad00f81977bb89738e0ae
​SolarCoin: 8MDk963sEh7RCMo3y3st7hTzMs7FzSdWSx
Dogecoin: DEgdH6CFTLSEeVVPqfE18ySCQqDWmLxp33
LuckyKey
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November 12, 2014, 01:37:48 AM
 #689

I think that's a cool idea Lucky. I'd send 10k SLR to help fund that. Perhaps more!  Grin

Anybody make any progress with a flyer?  If so, maybe I can use it (somehow) in the giveaway site?
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November 12, 2014, 03:48:03 AM
 #690

I think that's a cool idea Lucky. I'd send 10k SLR to help fund that. Perhaps more!  Grin

Anybody make any progress with a flyer?  If so, maybe I can use it (somehow) in the giveaway site?

I have been slacking.  Im not that good at it but i do want to try to make one hopefully very soon.

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November 12, 2014, 03:51:15 AM
 #691

I think that's a cool idea Lucky. I'd send 10k SLR to help fund that. Perhaps more!  Grin

Anybody make any progress with a flyer?  If so, maybe I can use it (somehow) in the giveaway site?

I have been slacking.  Im not that good at it but i do want to try to make one hopefully very soon.

Yeah, me too…have to find some time next week to dive into the web site and the flyer creation Smiley
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November 12, 2014, 04:05:36 AM
 #692

How's the PoSV code update progressing?
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November 12, 2014, 04:47:20 AM
 #693

How about something like this

http://www.nrel.gov/docs/fy04osti/35297.pdf

http://image.slidesharecdn.com/publication1-12997526645395-phpapp01/95/renewable-energy-flyer-1-728.jpg?cb=1299752751


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November 12, 2014, 07:33:48 AM
 #694

It would be interesting to know just how much Solarcoin our Ghost trader has, seems like a never ending supply

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Snake Pliskin
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November 12, 2014, 10:16:51 AM
 #695

Quote
It would be interesting to know just how much Solarcoin our Ghost trader has, seems like a never ending supply

They will run out soon, not many selling at the moment and they are the same person who always has the sell box, try it bump the buy price up and watch the top selling one disappear.

I have bee trying for days to try and keep the price up to stop them making a profit, they have to be running either C.A.T or Quataloo, hopefully they will move on soon.  Angry

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November 12, 2014, 10:21:37 AM
 #696

Quote
It would be interesting to know just how much Solarcoin our Ghost trader has, seems like a never ending supply

They will run out soon, not many selling at the moment and they are the same person who always has the sell box, try it bump the buy price up and watch the top selling one disappear.

I have bee trying for days to try and keep the price up to stop them making a profit, they have to be running either C.A.T or Quataloo, hopefully they will move on soon.  Angry


If people are not selling, I, not sure how he is making money from this. He is just selling his solarcoin stake surely. For this to be effective shouldn't he have the ability to buy low and sell high? If all the buyers are hoarding them where is his liquidity coming from?

BitSend ◢◤Clients | Source
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Your Digital Network | 10MB Blocks
Algo: XEVAN | DK3 | Masternodes
Bitcore - BTX/BTC -Project












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November 12, 2014, 11:43:17 AM
 #697

Quote
It would be interesting to know just how much Solarcoin our Ghost trader has, seems like a never ending supply

They will run out soon, not many selling at the moment and they are the same person who always has the sell box, try it bump the buy price up and watch the top selling one disappear.

I have bee trying for days to try and keep the price up to stop them making a profit, they have to be running either C.A.T or Quataloo, hopefully they will move on soon.  Angry


If people are not selling, I, not sure how he is making money from this. He is just selling his solarcoin stake surely. For this to be effective shouldn't he have the ability to buy low and sell high? If all the buyers are hoarding them where is his liquidity coming from?


People just sell this coin that is all.

All the people here say 'this is really good coin!!'

But the buy wall is real small volume.

And wallet update is delayed without any notification

And foundation is also quite.

That is the real of solarcoin

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November 12, 2014, 12:14:57 PM
 #698

The trouble with short-selling is when you get caught short...

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​SolarCoin: 8MDk963sEh7RCMo3y3st7hTzMs7FzSdWSx
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November 12, 2014, 03:07:34 PM
 #699

If nothing else, the volume is certainly impressive! Almost 1 million SLR changed hands in the last 24 hours. Maybe it's a cleansing.  Grin

Bitcoin:     17tzgWkXMBazch4koAhokMTcCtbc4TaYkE
Ether:        0xfe700f4aeec47e52eafad00f81977bb89738e0ae
​SolarCoin: 8MDk963sEh7RCMo3y3st7hTzMs7FzSdWSx
Dogecoin: DEgdH6CFTLSEeVVPqfE18ySCQqDWmLxp33
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November 12, 2014, 04:04:30 PM
 #700

If nothing else, the volume is certainly impressive! Almost 1 million SLR changed hands in the last 24 hours. Maybe it's a cleansing.  Grin

Yup was thinking the same thing. Grin

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