Topic: [ANN] AIRcoin - page 41. (Read 137265 times)

"I wanted a new wallet/algo and all I got was a lousy t-shirt with a campus picture" 

As a scientist, I can see that the Dev teams are heading into a positive direction.  While they have under estimated on how much the investment pool needs to generate in order to sustain a high trading value, they are reassessing the next steps that needs to be done. They are going back to the drawing board and back to square one.  They have obtained some really good data that the whole cryptocurrency can learn from.

However, I am disappointed how we are slightly mislead to believe that the value is going to sustain at 0.00115 to 0.00200 or higher, given the "opportunity costs" and "network difficulties" was relatively high. For those that bought in early and expect it to grow higher, I sympathize with you. This might have left some bad taste in many early adopter's mouth.

Nonetheless,  the way Aircoin is priced is novel to the crypto world.  We usually expect a massive spike in value and then decline it back to pretty much the original state.  Instead, we see a modest peak and then go back to the proposed value. No body got rich there since the volume is so low. Also nobody would have gone broke as the value of the coin is not Zero.

I am still a strong supporter but I can't really tell what's in store for Aircoin. At worst we will bottom at 0.00115, at best we see a 5to20% increase every week. Regardless, the Team is making effort to address the concerns and given us a few proposals that they want to try. The New wallet and the extra algorithm is a good start.  

Reducing block reward may deter multipool but may hurt the current hashrate as miners can't make enough to pay off their expenses. So the Dev's need to figure out a plan to keep the backbone of the community happier

We also really need marketing to breathe some life back to Aircoin.

Since the coin is still young, I'll stick around to it a bit longer and hope that we all get heftily rewarded for our perseverance.

Silence.... Hmmm Any ideas on the wallet that was releasing this morning?...

So when is the new wallet coming out?

Okay, I probably should be quiet too, but I can't help myself...

I really hope easy coins are dumped by now, because no. 1 problem of Aircoin has been mining profitability. Too hard to mine too early.

Please don't under estimate the importance of miners. Miners are not just minor nuisance on the way to moon. Short term mining profitability is very important thing for a new coin like Air. That's how net hashrate grows. At some point hashrate will reach to certain equilibrium and treshold coin value where everyone and his doge is mining Air. Only after that happens, diminishing mining value don't affect over all net hashrate and coin value so much.

if you add x11 I am in.

I don't know if it is worth the hassle of changing mid air.. Will attract different kinds of investors..

Go full x11 and you will have a major hit och release

Not at all. I don't want to kick you out, as you put it. When did I say that?

Generally, I would prefer to get my Darkcoin analysis and news from their own thread, but feel free to post all you want.

I am sorry that you feel that Darkcoin is better than AIR coin. I don't, but the recent announcements by AIRcoin are very discouraging.

Still, I will await some answers before I abandon them completely as you have. Actually, I just bought my first AIRcoins a mere hours before they announced that they were going into the licensing business. I am trying to keep the faith, but I must admit to feeling a bit deflated about the whole announcement.

I can see why they and their corporation are excited, but I am unclear how coin holders are benefitting from their new projects.

Alex, you have said u would answer my post here promptly....

one very quick practical question....

so the exchange rate you and trading algorithm looking for is .00115 at the moment, right???

so would I become an idiot if i buy in 0.0013x  as you would not offer any help to stimulate the price to beyond your 1.5% expected growth...

Further, if the exchange rate rise to 0.0018, would you or your trading algorithm incite investor to dump back to your 0.00115 around level???

Please respond to my question...I am very worried to buy in Aircoin right now.

I too am impressed with the dev's responses here and all the effort they put in. Yet i see a steady DECLINING exchange rate instead of steadily increasing. Yet i am not that worried because it gives me lots of time to play this market and I did indeed make some profit of air by keep selling and buying back.

I will stop playing the market until I see the new wallet and functions. I still have a quite large amount at this moment and I would like to see where this is going first, before i start trading again.

So why saying it's a crapcoin?


Because until recently I held a large amount of Air.
Because I have some hope for it (despite having higher hopes for dark).
Because I want to participate in a discussion.
Because I might decide in future I want to buy back a little bit.
Because I can.

Genuinely I don't understand why would you want to "kick out" people out of the thread. Is there a mandatory amount if air I have to hold if I want to post? I wasn't aware of such rule 

That is so awesome that you are so impressed. But, don't just keep it to yourself -- tell us too!

What are you particularly impressed with and how has it "way surpassed" you expectations?

Oh, and if you were in any way referring to my comments in the troll section of your post, I would just like to say thank you very much. I try to keep up and while I am, alas, far older than 18, it sure is a nice compliment! Maybe it is all of that beer I drink that keeps up my youthful appearance!

Yes, I am aware of Darkcoin. And it is possible that after all the coins go down, Darkcoin will emerge as a winner. Of course, it is also possible that it goes to zero for any number of reasons.

We could start by that little fact of it not being rolled out yet and go from there. That little cover about "signing" a disclaimer that you will not use Darkcoin to buy illegal drugs, fund terrorism, smuggle tax-free cigarettes into Illinois or use it to learn belly dancing, may have a few, teeny tiny holes in it too.

I could go on, but it does not matter as it doesn't answer the central question. How will this benefit AIRcoin?

Let's say that your investment acumen is amazing and that you have picked the big winning coin of the future in Darkcoin. Why don't I just invest all of my money (as you claimed you did) in Darkcoin? Why am I bothering with AIRcoin at all?

And further, since you have all of your assets in Darkcoin, why are you here?

Alexander,

I am truly impressed. I hope the 18yrs old continue to troll the coin while I continue to accumulate. Very few coins bring originality of Bitcoin ala 2011. You have way surpassed my expectations. I have no doubt you are who you say you are. THIS WILL BE BEYOND BIG.

AIR will remain 25% of my ever increasing portfolio value 

You are very misinformed.

Darkcoin is one of the few coins which is not a crap coin. In fact, it is leading the new generation of cryptocurrency.

Here are some highlights on Darkcoin for you:

First coin with X-11, gpu power saving and ASIC resistant algorithm.
First coin to implement variable block reward, on top on very clever difficulty adjustment to control inflation and distribution effectively.
First coin to implement Dark Gravity Wave.
First coin to successfully implement practical anonymity (no TOR). Currently in last stages of beta testing, roll out in several weeks.
Clear development plan.
Full time, main developer, known by his name, not hiding behind the forum nickname and talented team, committed to the coin for at least 2 years.

And a lot more.

Just think about it.

In my book, this is as opposite to every other crap coin as it gets, and if any coin can de-throne bitcoin in future, this is it.

After brief analysis, I broke first investment rule and liquidated all my other coins to get all in to the Darkcoin.

Talking about stability, have a look at the Dark's rate in the last 30 days. That's stability. Despite high frequency traders on cryptsy trying to push it down.
And all that despite a dump of >140.000 coins dumped when the btcs got stolen from one of the exchange and darks bought with it.

How exactly will giving money to another crap coin "make a return to shareholders", as you put it?

And who exactly are you referring to as "shareholders. The Aircoin holders or the owners of its corporation?

As you are a corporation and aim to make a return to shareholders, why not make a financial contribution to Darkcoin development for using Dark Gravity Wave, perhaps in the form of stock?

While Dark Gravity Wave is open source, there are people working full time on this project.

I think it would be helpful if you explained why you believe this.  Bitcoin seems to be progressing well. What is it that specifically prevents Bitcoin from being a "financial instrument"?How much data did you look at to arrive at this claim?
How do you project the algorithm will work as the markets "mature"?
How do you project you will do as more people use algorithms in this space? Surely they will reduce any advantage you have?

What sort of license?