Topic: [ANN] 10k Coin | Now with 10% PoS and 10000% Superblocks | 10k/MMXIV Market OPEN - page 177. (Read 186735 times)

ive been saying the same since the early days of nxt. your pos coins are your mining machines. the massive difference is your coins (miners) do not incurr downtime do not wear do not lose power over time and are cheaper to run compared to a normal pow mining machine.
The problem is you have lots of solid btc miners who have thousands invested in mining equipment who cannot realise that pos will eventually take over from conventional mining. mining is old tech now and is not very cost effective compared to buying a pos coin .i mean some day even btc will become pos.

Using manpower/computer/hardware/electricity
to Complete a Task(Job) in order to get
a desired result Is being considering a
ponzi scheme??

If thats the case every lottery system could
 be construed as a "ponzi scheme"
forbid if the game ever stops or becomes
unavailable to the public somehow the other
bag holders(non winners) lost money they
chose to gamble with knowing the odds
of not winning.

P2P360

Hence the term "Experiment".

The difference is here you don't have huge electricity bills and tons of useless computers sitting around

You are totally right, miners produce every day BTC or whatever coins with their mining machines, they had to invest some money in that, we do the same here, we invested some money in coins to produce new coins, for me that is the same thing ! I don't see any difference

Mr legend must also think btc is a ponzi sceme aswell then. because miners are mining and selling to peeps for fiat. If btc buys dry up its game over. you sir just joined the whole crypto is a ponzi crowd in my book. good day to you and your rep. i have no time for missinformed ponzi shouters. peace

edit

Igotspots you are obviously doing sometging right as the naysayers and fudders have now entered the room. keep goin dude

Isn't that all of crypto in a nutshell?

The definition of a ponzi includes the critical element: 'promise of ROI', yet that word gets tossed toward any project claiming a potential yield high enough to offend people's sensibilities. Bitcoin itself is called a ponzi all the time, and yes "knee jerk" is an apt description. This is unfortunate, especially considering we increasingly live in a world with out of control law enforcement who will happily nail anyone's ass to the wall if there is money to grab and they think there is a chance public sentiment will permit it (or even if they don't in many cases). Personally I would rather live in a world where ponzi operators did not face harsh penalties and people were expected to assume personal responsibility for their own money by bearing the losses of their own mistakes... what a concept eh? Probably won't happen as long as everyone is having fun playing the blame game with knee jerk reactions though.

I think this coin is called an experiment for a reason. There is no fraud (promises being made), everyone can look at what's going on, and knows what they are getting into here.

Myself, I like this experiment and the other high POS coins. I wouldn't recommend anyone to put their life savings in them, however my own risk/reward analysis with these coins is that it's worth investing perhaps a small amount or play some swings and freeroll with a bit to stake, which is what I have done with mmxiv and 10k.

Dude why are you even here on this thread? No one has come messing with you. So why come here messing with us. We are fine here. Thanks

Its not just one block. Block 1000 was minted 22 minutes after launch. AMAZING !
http://10k.mmxivcoin.com/block/000000009819f23be00eac9e3e6d0f579248f2328c2605a005aab31a6fa3b30c

Who ever bought some or all of those instamined cryptofiat shitcoins, is now looking for someone else to feed thier fat bagholding ass.

Ponzi.. get rich quick scheme.. cloned garbage .. call it what you will. They all smell like shit to us.

10000000000 +++++++ for dev 

Yea it was me, to get a checkpoint in and make sure the server was working. It's what people who know what they are doing do

You are just proving you don't know what a ponzi is, or you are just trolling. Either way, not worth the time. It was more than fair. Fuck off


One block with no premine to get a checkpoint in and you are whining? Honestly, it makes me feel good that you expect nothing but absolute perfection from me at this point, which is exactly what you are getting. Your plan has backfired and my ego is now enlarged

Wtf are you talking about ? lol

Get rich scheme.. .ponzi... there is little to no difference between the two. eg. If no one buys your PoW or PoS crypto fiat, the ponzi/scheme will die.

Btw, did anyone else notice the timestamp from block 1 ? It appears that someone gave themselves a 90 minute head start.
http://10k.mmxivcoin.com/block/00000000001c7995ded40d4c59a48cffbf2230fc95885e46d636f96647df9b13

Well there is a lot of shit out there, so being skeptical is fine, but being blanketly stupid is not good practice

Wow a legendary member that cannot tell the difference between a ponzi and Pos coin. you do know that a ponzi filters money to the top yeah? and people have to keep buying in to pay members of the ponzi. 10k is nothing like this at all lmao.
what have you been doing with all the time it takes become a so called "legend" certainly not studying different types of proof of work/ stake etc.
im amazed

It's fine, but as long as the price doesn't fall over 27% daily from the previous day, you're making money. Stable price means profit for holders. Nothing is shady and nothing is a secret. The stake weight speaks for itself at more than triple that of total supply

Stake Wght: 1,275,675.01790251
Money Sply: 391,830.307509

Pardon the knee jerk reaction but all I'm seeing is yet another game of "musical bagholders".

https://c-cex.com/?p=10k-btc
https://www.bittrex.com/Market/Index?MarketName=BTC-10K

is very cheap only buy

This is a good summary. One point to make clear is that coinage also increases eventual stake reward. This means if your stakes start to become more seldom, they will be for higher amounts to compensate the longer time between mints

TWwSzcUDqCEgV39HxwAYgyVZaoghPHZW4Y GIVE ME SOME PLEASE

A high network weight is very good for the coin as it increases the security. As long as you keep staking and stake optimally you are fine irrespective of the network weight.

Repeat of an earlier post:

The difficulty adjustment is there to make sure that the POS rewards stay within the designed parameters. The designed rewards will be allocated based on certain things like the number of eligible coins, coinage and how optimal you stake (the last one is tricky). In the perfect theoretical world you will get your stake as advertised. However it is possible to do silly things with your coins to reduce your reward like keep moving your coins around, letting maxage expire, not making sure that as many as possible of your coins are eligible for staking, leaving your coins on an exchange and locking your wallet for staking - in some of these examples you get nothing. The more people stake, the higher the difficulty gets to make sure each wallet gets its rewards as per the design. The more people stake the safer the network gets as well - the network weight for 10K is exceptionally good.

Do you mean to say that whether or not the compounding interest takes place on our day-to-day rewards, but 27%-ish rewards are fixed and are definitely going to get added?