[ANN] 10k Coin | Now with 10% PoS and 10000% Superblocks | 10k/MMXIV Market OPEN

[iGotSpots]

I took a look at the miner stats and their payments. It seems that it is not worth it to rent a rig and mine it with current price. I prefer staking it in my wallet than mining.

You saw day 1. Chances are any hash from the first day will get multiple payments since not every coin is confirmed. What you see from one day is not the total you will earn

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[Frazazel]

some moron has lowered the price 

[peer2peer360]

some moron has lowered the price  

much expected.. free money give away.
Like a governmental welfare program,
see how people act when given somethg free.
people will abuse the hell out of it.

P2P360

[Pab]

Sell wall removed ,few clicks and 1500sat ,but sell sell

[real789]

please update merchand or other site who can accept this coin to long life
very low price now
i lose in stake 

what your plan to this coin

[paycum]

The problem obvious is the high stake % and the coin is only a few weeks old. If i buy 100k today at the end of the month i should have 200k in theory so if price keeps the same i would have 100% profit...

So basically this means price will go down way lower as sell pressure will increase every day. Some small multipools arent going to stop that.

Just my point of view though..please correct me if what i said is wrong..

[whyyousoserious]

The problem obvious is the high stake % and the coin is only a few weeks old. If i buy 100k today at the end of the month i should have 200k in theory so if price keeps the same i would have 100% profit...

So basically this means price will go down way lower as sell pressure will increase every day. Some small multipools arent going to stop that.

Just my point of view though..please correct me if what i said is wrong..

you should have 200k + by the 4th day

[paycum]

The problem obvious is the high stake % and the coin is only a few weeks old. If i buy 100k today at the end of the month i should have 200k in theory so if price keeps the same i would have 100% profit...

So basically this means price will go down way lower as sell pressure will increase every day. Some small multipools arent going to stop that.

Just my point of view though..please correct me if what i said is wrong..

you should have 200k + by the 4th day

Ah ok. But the point is the same. The sell side will be huge over time while the demand will be close to zero as nobody needs to buy as they get thousands of coins for free by just staking..

The only reason why it still has some value is because people who dont have coins yet try to buy some. And its like a snowball effect. The more free staked coins get sold the lower the price gets and the more people can buy which is followed by even more staked coins.

And even if people dont sell, then they keep on staking and there will be so many coins that nobody wants to buy them...

So lets assume it goes to 100sat, then you can buy 1 million coins which you can double fast...and once you sell the million free coins you got from staking, then you probably eat the whole orderbook...just with 1btc... and you can do it over and over again.

So only road is the road to 1sat...its just common sense...cant really make much more of it...

[jc12345]

The problem obvious is the high stake % and the coin is only a few weeks old. If i buy 100k today at the end of the month i should have 200k in theory so if price keeps the same i would have 100% profit...

So basically this means price will go down way lower as sell pressure will increase every day. Some small multipools arent going to stop that.

Just my point of view though..please correct me if what i said is wrong..

you should have 200k + by the 4th day

Ah ok. But the point is the same. The sell side will be huge over time while the demand will be close to zero as nobody needs to buy as they get thousands of coins for free by just staking..

The only reason why it still has some value is because people who dont have coins yet try to buy some. And its like a snowball effect. The more free staked coins get sold the lower the price gets and the more people can buy which is followed by even more staked coins.

And even if people dont sell, then they keep on staking and there will be so many coins that nobody wants to buy them...

So lets assume it goes to 100sat, then you can buy 1 million coins which you can double fast...and once you sell the million free coins you got from staking, then you probably eat the whole orderbook...just with 1btc... and you can do it over and over again.

So only road is the road to 1sat...its just common sense...cant really make much more of it...

Anyone could see it from a mile away really.

https://bitcointalk.org/index.php?topic=942977.msg10404932#msg10404932
https://bitcointalk.org/index.php?topic=942977.msg10499844#msg10499844

[iGotSpots]

You guys really like calling the sky blue, don't you?

[paycum]

You guys really like calling the sky blue, don't you?

Well if i would be calling it brown it didnt make any sense at all..

But im not trying to fud here, i understand its an experimental coin but still.

if you see it differently please explain..

[jc12345]

You guys really like calling the sky blue, don't you?

The principle is that if something walks like a duck, quacks like a duck and looks like a duck it is fair to conclude it probably is a duck. There are many posts in this thread lately of people complaining about price and getting all upset because they hear duck quacking sounds while probably executing ostrich handling procedures. The point is they must recognize a duck and therefore handle it with duck handling procedures in order to be able to make a nice profit. They must not cry if they executed ostrich handling procedures and finally come to the conclusion that the animal in front of them is in fact a duck.

[iGotSpots]

My point is that you guys are posting things obvious to everyone but thinking it is some kind of revelation

[gkv9]

- snip -
The only problem I see here is, the dumping side, as they are doing it in a complete linear way, that too, without taking the interest of everyone, as said before, they are trading $$$ for pennies...

You guys think 1 satoshi is the end lol

My most successful coin, TIX, was at one point over $10 million market cap on the LTC market the entire time. It never even traded against BTC. There is a lot of long term potential, regardless of the price

Hell, no...
I didn't mean to say like that what you got...
I didn't even say that it's worth 1 sat, it's the FUDers who are saying that... I know the value is so high and I am in for the long term, but as I said, I know a group of investors and they were just saying that if 10k gets dumped like this daily, they think they won't be able to see any profits, I tried to convince them by saying that they will get 27-30% daily on their capital, but they said they want to wait a bit more before getting into this...
So, I stopped contacting... Let us not lay ourselves down in front of 'em, let 'em see and experience the power of 10k themselves, and they will repent on their decision of not getting into this earlier...

[iGotSpots]

Food for thought: Daily inflation across the entire network is slightly under 20% while daily staking increases your personal holdings over 27% (before compounding)

[qiwoman2]

- snip -
The only problem I see here is, the dumping side, as they are doing it in a complete linear way, that too, without taking the interest of everyone, as said before, they are trading $$$ for pennies...

You guys think 1 satoshi is the end lol

My most successful coin, TIX, was at one point over $10 million market cap on the LTC market the entire time. It never even traded against BTC. There is a lot of long term potential, regardless of the price

Hell, no...
I didn't mean to say like that what you got...
I didn't even say that it's worth 1 sat, it's the FUDers who are saying that... I know the value is so high and I am in for the long term, but as I said, I know a group of investors and they were just saying that if 10k gets dumped like this daily, they think they won't be able to see any profits, I tried to convince them by saying that they will get 27-30% daily on their capital, but they said they want to wait a bit more before getting into this...
So, I stopped contacting... Let us not lay ourselves down in front of 'em, let 'em see and experience the power of 10k themselves, and they will repent on their decision of not getting into this earlier...

Well we shall see, at present supply is outstripping demand hence 40-60% fall in price daily, price needs to fall by 205 maximum a day I believe if we are to actually see a profit,  but because most traders don't know maths and they just dump because they think they getting free coins, they are robbing themselves of more long term income. I am happy tog row..I am over 20k now..

[jc12345]

My point is that you guys are posting things obvious to everyone but thinking it is some kind of revelation

Then people must stop complaining.

[gkv9]

Well we shall see, at present supply is outstripping demand hence 40-60% fall in price daily, price needs to fall by 205 maximum a day I believe if we are to actually see a profit,  but because most traders don't know maths and they just dump because they think they getting free coins, they are robbing themselves of more long term income. I am happy tog row..I am over 20k now..

Yes, you're right... But currently, I ain't seeing the price and just staking only, trying to buy even more...
And one more thing, I am also over 20k currently and let's hope they grow steady daily...

@iGotSpots,
Asking being curious that if a hard fork is to come and gets announced, will it, in any means, affect the price of 10k like it did to BALLS?

[iGotSpots]

Well we shall see, at present supply is outstripping demand hence 40-60% fall in price daily, price needs to fall by 205 maximum a day I believe if we are to actually see a profit,  but because most traders don't know maths and they just dump because they think they getting free coins, they are robbing themselves of more long term income. I am happy tog row..I am over 20k now..

Yes, you're right... But currently, I ain't seeing the price and just staking only, trying to buy even more...
And one more thing, I am also over 20k currently and let's hope they grow steady daily...

@iGotSpots,
Asking being curious that if a hard fork is to come and gets announced, will it, in any means, affect the price of 10k like it did to BALLS?

People thought BALLS was broke (it wasn't), so we 'fixed' it. Nothing is wrong with 10k that I can see?

[ehalvers]

The only thing I see is the same thing getting repeated over and over in here, haha.

Almost every 'alt-coin' created has the exact same graph shape when you zoom all the way out........

Spots has created something that goes against the nature of most of these coins in that there is a incentive (however small or big it may be) to hold MMXIV, BALLS, and now 10k. Coins a few months ago were mine as much as you can so you can dump as much as you can. The principle here may be the same but the route to the end-game is a little different 

The crypto-currency scene has had many 'fads' from sha256, x13, to whatever they hell a Lyra is 

iGotSpots seems to have the most to lose if everything loses value anyway.