I do not sell my coinos at this point - there could be a happy ending... and of course there is much potential... but I want more action regarding the marketing of Coin(o):
- blog
- newsletter
- what is with the ads - promised in february... could we see them - maybe we could use them too
- defintiv date of the new wallet (not just there will be in the near future something)
- date of when and what to do if the new kimoto gravity is implemented
- more input about the negotiations with potential investors (status updates - what they are doing)
- proof of actions taken
- who are the devs
For my purpose I need more transparency.... if its not the kind they work I thing we will go down like the titanic....
Maybe I will miss a chance to get rich, but that price is acceptable for me.
I really hope this coin will sustain in the hard competition!
Topic: [ANN] [COINO] KGW ACTIVATED - WALLET UPDATE ▬► COINO -(O)- ◄▬ The fastest Coin - page 77. (Read 233807 times)
February 19, 2014, 05:52:31 PM
February 19, 2014, 05:33:45 PM
I will admit that I didnt check the price today before making that post and it really only applied to what had been going on with the price bouncing between 4500 and 3500. The diff being below 2 and price what it is today means more than just multipools are driving it down. This hasnt been the case up until within the last couple days but it does seem like people are beginning to panic and get out. This is too bad because it just triggers more people to panic and get out and eventually the people that hold out are left with nothing.
It really does all stem from impatience though. You guys have seen the roadmap and all the things planned starting with the month of March but you are freaking out and leaving before the time has even come. At least give the dev a chance to follow through. Making something go from nothing to something takes people believing in it when everyone else doesn't. If you just follow the herd and get in and out when everyone else does the most any crypto coin will be good for is the 8 to 10 dollars per MH per day.
I recall a time where BTC was at $32 and everyone thought it was peaked. People started dumping which caused everyone else to start dumping and it fell from $32 down to $2. So many people wrote it off.
The truth is, all of this is speculation. What makes it succeed or not is whether people believe in it or not. One thing is for sure, there are more followers than leaders in this world. All it takes is for people to not freak out and leave, because when they do, so do all the followers.
I do understand there is a difference between being a follower and just knowing when to cut your losses. I just dont think that time has come for coino. People are bailing too early.
It really does all stem from impatience though. You guys have seen the roadmap and all the things planned starting with the month of March but you are freaking out and leaving before the time has even come. At least give the dev a chance to follow through. Making something go from nothing to something takes people believing in it when everyone else doesn't. If you just follow the herd and get in and out when everyone else does the most any crypto coin will be good for is the 8 to 10 dollars per MH per day.
I recall a time where BTC was at $32 and everyone thought it was peaked. People started dumping which caused everyone else to start dumping and it fell from $32 down to $2. So many people wrote it off.
The truth is, all of this is speculation. What makes it succeed or not is whether people believe in it or not. One thing is for sure, there are more followers than leaders in this world. All it takes is for people to not freak out and leave, because when they do, so do all the followers.
I do understand there is a difference between being a follower and just knowing when to cut your losses. I just dont think that time has come for coino. People are bailing too early.
February 19, 2014, 05:07:22 PM
yippi i hold 1 % of the mined coins - but I need more convidence....
all in all - i am feeling very uncomfortable with this coin at the moment!
all in all - i am feeling very uncomfortable with this coin at the moment!
February 19, 2014, 04:52:41 PM
February 19, 2014, 04:46:14 PM
0.00015000
0.00014000
0.00013000.
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0.00008000
0.00007000
0.00006000
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0.00003000
0.00002000
0.00001000
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0.00000500
0.00000400
0.00000300
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0.00000000 END
0.00014000
0.00013000.
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0.00008000
0.00007000
0.00006000
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0.00003000
0.00002000
0.00001000
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0.00000500
0.00000400
0.00000300
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0.00000000 END
February 19, 2014, 04:39:52 PM
...
If you are holding Coino for long term, stop worrying about how the rate went from .0001 to .000035. This had to happen and the fact that it didn't drop to .00000001 within the first 2 weeks means that the people that are actually mining coino for long term are still holding. Trust me, if it weren't just multipools dumping, it would go to 1 satoshi real fast. It hasn't lost its value, it has just settled in to its actual value. The .0001 price at a diff of 3 was never real.
...
If you are holding Coino for long term, stop worrying about how the rate went from .0001 to .000035. This had to happen and the fact that it didn't drop to .00000001 within the first 2 weeks means that the people that are actually mining coino for long term are still holding. Trust me, if it weren't just multipools dumping, it would go to 1 satoshi real fast. It hasn't lost its value, it has just settled in to its actual value. The .0001 price at a diff of 3 was never real.
...
So this means that Coino won't reach 0.0001 again unless the difficulty goes way up. For that, we need a huge increase in the network hash power. You think we can get that many people to mine Coino?
Also, I just checked coinmarket, Coino is now at 0.00001116. I really hope you're right and I am wrong about what I am thinking
EDIT: Ok, the 0.00001116 price was a fluke. Is now at 0.00002100. Still lower than before tough.
February 19, 2014, 04:08:56 PM
It has gone down because it started off with an inflated value to begin with and then was balanced out by the market. The exchange rate and diff will always have balance and right now the diff is very low. The current exchange rate has just dropped to reflect that. The .0001 price you saw on day 1 was just because that was what we, the initial miners, set it at to start things off. You cant prevent the market from balancing that out though.
If you use the profit calculator on coinwarz to see how much money per day you can make with about 1 to 1.5 MH/s it will typically be about 8 to 10 dollars a day. If any coin becomes more profitable than that, it ends up at the top of coinwarz which brings a lot of sudden traffic from multipools. 2 things come of this sudden traffic. First, an increased difficulty. 2nd, a lot of dumping. Both of these bring the profitability of the coin down. When the profitability of the coin drops, multipools stop mining it, so then the diff drops. When the diff drops, profitability increases again, so multipools start mining it again. This will always happen and prevent the profitability from getting too much higher, or lower, than the norm of about 8 to 10 dollars per day from 1 to 1.5 MH/s.
Profitability is not the exchange rate. It is the exchange rate in relation to how fast you can obtain the coins.
The current exchange rate of coino is what it is supposed to be at its current diff in order to maintain the 8 to 10 dollar profit per day per MH that the market self-sustains. The exchange rate will always be relative to the diff. Not just the diff though but the sustained diff. The multipools coming and going will keep the per day earnings of coino to a regulated norm, but as non-multipool miners keep joining in on Coino, the diff will see a more sustained increase, rather than the temporary artificial increase caused by multipools.
If you are day trading coino, it is worth just as much as any other coin. (at least during the times of the day where it is high up on coinwarz).
If you are holding Coino for long term, stop worrying about how the rate went from .0001 to .000035. This had to happen and the fact that it didn't drop to .00000001 within the first 2 weeks means that the people that are actually mining coino for long term are still holding. Trust me, if it weren't just multipools dumping, it would go to 1 satoshi real fast. It hasn't lost its value, it has just settled in to its actual value. The .0001 price at a diff of 3 was never real.
It will not drop much further than it already has because it is relative to the diff which is almost as low as it can get. Now, if the core miners start leaving in masses then the diff could potentially drop to under 1 and price will plummet and the coin will be dead. This isn't taking place though. Diff has been bouncing between about 2 and 3.
The way that you get a big payout by getting into a coin early and holding, is for you to be able to mine a bunch of them when the diff is low and then waiting for the exchange rate to go up. The exchange rate will increase when the coins are slower to mine. You cant expect to be able to mine at a diff of 2, bring in 300 or 1000 coins a day, and them be worth a dollar a piece. If that were the case, everyone would mine that coin until it balanced back out to the normal 8 to 10 dollars per MH per day.
Coino is doing just fine and as long as the real miners (non-multipool) keep going with it, the multipools wont be able to bring the price down any more. They can only balance it. New "real" miners are joining every day but so far they are just replacements for people that lost faith, instead of additions that can help raise the diff, and therefor the exchange rate.
If you are looking to get rich overnight, go play the lottery. Its your only chance. If you want to get a big payout from being an early adopter of Coino, support the coin long term. A month is NOT long term. Have patience and do what you can to bring other people over to mine Coino. The more people that join in, the slower you will obtain coins. But, the coins you have already obtained will also be more valuable since they are now slower to get. There has to be a cutoff point between the period where you want the diff low so you can get as many coins as fast as possible, and actually putting in effort to get more people to come over and raise the diff so that your existing coins are worth more.
tldr; Coino is fine, be patient, the price is right where its supposed to be.
If you use the profit calculator on coinwarz to see how much money per day you can make with about 1 to 1.5 MH/s it will typically be about 8 to 10 dollars a day. If any coin becomes more profitable than that, it ends up at the top of coinwarz which brings a lot of sudden traffic from multipools. 2 things come of this sudden traffic. First, an increased difficulty. 2nd, a lot of dumping. Both of these bring the profitability of the coin down. When the profitability of the coin drops, multipools stop mining it, so then the diff drops. When the diff drops, profitability increases again, so multipools start mining it again. This will always happen and prevent the profitability from getting too much higher, or lower, than the norm of about 8 to 10 dollars per day from 1 to 1.5 MH/s.
Profitability is not the exchange rate. It is the exchange rate in relation to how fast you can obtain the coins.
The current exchange rate of coino is what it is supposed to be at its current diff in order to maintain the 8 to 10 dollar profit per day per MH that the market self-sustains. The exchange rate will always be relative to the diff. Not just the diff though but the sustained diff. The multipools coming and going will keep the per day earnings of coino to a regulated norm, but as non-multipool miners keep joining in on Coino, the diff will see a more sustained increase, rather than the temporary artificial increase caused by multipools.
If you are day trading coino, it is worth just as much as any other coin. (at least during the times of the day where it is high up on coinwarz).
If you are holding Coino for long term, stop worrying about how the rate went from .0001 to .000035. This had to happen and the fact that it didn't drop to .00000001 within the first 2 weeks means that the people that are actually mining coino for long term are still holding. Trust me, if it weren't just multipools dumping, it would go to 1 satoshi real fast. It hasn't lost its value, it has just settled in to its actual value. The .0001 price at a diff of 3 was never real.
It will not drop much further than it already has because it is relative to the diff which is almost as low as it can get. Now, if the core miners start leaving in masses then the diff could potentially drop to under 1 and price will plummet and the coin will be dead. This isn't taking place though. Diff has been bouncing between about 2 and 3.
The way that you get a big payout by getting into a coin early and holding, is for you to be able to mine a bunch of them when the diff is low and then waiting for the exchange rate to go up. The exchange rate will increase when the coins are slower to mine. You cant expect to be able to mine at a diff of 2, bring in 300 or 1000 coins a day, and them be worth a dollar a piece. If that were the case, everyone would mine that coin until it balanced back out to the normal 8 to 10 dollars per MH per day.
Coino is doing just fine and as long as the real miners (non-multipool) keep going with it, the multipools wont be able to bring the price down any more. They can only balance it. New "real" miners are joining every day but so far they are just replacements for people that lost faith, instead of additions that can help raise the diff, and therefor the exchange rate.
If you are looking to get rich overnight, go play the lottery. Its your only chance. If you want to get a big payout from being an early adopter of Coino, support the coin long term. A month is NOT long term. Have patience and do what you can to bring other people over to mine Coino. The more people that join in, the slower you will obtain coins. But, the coins you have already obtained will also be more valuable since they are now slower to get. There has to be a cutoff point between the period where you want the diff low so you can get as many coins as fast as possible, and actually putting in effort to get more people to come over and raise the diff so that your existing coins are worth more.
tldr; Coino is fine, be patient, the price is right where its supposed to be.
February 19, 2014, 03:42:56 PM
best time to buy coinos NOW at coinmarket.io
After adding kimoto gravity and the release of the debit cards the price will go up!
sorry i am here since the begining ... but the coin knows only one direction down down and down....(and i stopped my involvement in mining and buying) it is terrible in my opinion, you want to take it to online shops and so on ... you have to have an eye on that...(okay you are looking at long term targets - but how is your marketing if it is not a stable coin?) how you put it to on-/offline stores? they need a calculated rate between FIAT money and the coino but it is not possible at this moment ...After adding kimoto gravity and the release of the debit cards the price will go up!
Please appologize but I am missing more action regarding the marketing and the behavoir to this coin ....
what you wanna do next? do not talk about it please: Just do it!
I agree
February 19, 2014, 02:59:05 PM
best time to buy coinos NOW at coinmarket.io
After adding kimoto gravity and the release of the debit cards the price will go up!
sorry i am here since the begining ... but the coin knows only one direction down down and down....(and i stopped my involvement in mining and buying) it is terrible in my opinion, you want to take it to online shops and so on ... you have to have an eye on that...(okay you are looking at long term targets - but how is your marketing if it is not a stable coin?) how you put it to on-/offline stores? they need a calculated rate between FIAT money and the coino but it is not possible at this moment ...After adding kimoto gravity and the release of the debit cards the price will go up!
Please appologize but I am missing more action regarding the marketing and the behavoir to this coin ....
what you wanna do next? do not talk about it please: Just do it!
February 19, 2014, 01:42:22 PM
best time to buy coinos NOW at coinmarket.io
After adding kimoto gravity and the release of the debit cards the price will go up!
After adding kimoto gravity and the release of the debit cards the price will go up!
February 19, 2014, 01:19:50 PM
Solo mining, wish me luck! 
February 19, 2014, 11:37:43 AM
EDIT*
they fixed
Referring to ? they fixed
February 19, 2014, 11:21:21 AM
EDIT*
they fixed
they fixed
February 18, 2014, 07:21:56 PM
February 18, 2014, 04:46:29 PM
February 18, 2014, 04:21:38 PM
February 18, 2014, 02:38:41 PM
- Our web traffic is SSL encrypted
- DDoS protection for both the website and stratum server
- Payouts processed every 3 minutes
- Contests with huge giveaways that are setup to give everyone a chance
- Freenode IRC channel #PoolersOrg with trivia bot and giveaways.
- The most active pool admin in the Coino community. No waiting around for days to get a response.
https://con.poolers.org
February 18, 2014, 11:54:05 AM
- Our web traffic is SSL encrypted
- DDoS protection for both the website and stratum server
- Payouts processed every 3 minutes
- Contests with huge giveaways that are setup to give everyone a chance
- Freenode IRC channel #PoolersOrg with trivia bot and giveaways.
- The most active pool admin in the Coino community. No waiting around for days to get a response.
https://con.poolers.org
February 18, 2014, 08:42:51 AM
Can anyone tell me what is the correct version of the CON wallet that we should be using now?
February 18, 2014, 05:43:06 AM
First preview of new coin(O) Slots game
This is currently fully functional on an HTML5 client but I still need to finish the server games engine i.e. for payments and the rest services etc.
You can download a tar.gz version to run locally for a play if you want from https://mega.co.nz/#!3IcSjLhC!M9ou9X51cP5oPK1aEMJ9hoYOCUGHK4O6XPZnI9S-ZHU
Just unpack and open the index.html file your browser.
This is just the first of many games that will sit on my new games platform including Keno, Texas Hold'em Poke, Black Jack, Video poke, Roulette and more slots...
This slot machine works exactly like the real thing i.e Random number generation and virtual reels. I haven't worked out the payback yet as I will have to dig into my brain to reawaken the area that deals with probabilities
but I will set it to pay back between 92% and 98%.
Once the new game server is configured it will also use sampled AM radio frequency background noise to increase the entropy of the RNG in a similar way to that used by random.org.
There will also be an Arcade room where you can just play for fun. I am thinking of turning these games into a Coin(O) faucet room where you can earn just for playing....
Later on I will release the framework so that anybody else can write games for either the casino or arcade. The platform will be touch/gesture enabled and will run on any modern browser including on smart phones and tablets.
Anyway, I'll provide more details over the next few week but hopefully we can start to get people to hold onto their coin(O) for fun later
Just as an aside I am funding this all myself and will put 3,000 of my Coin(O) into the casino pot to start with (but any donations welcome)....
This is currently fully functional on an HTML5 client but I still need to finish the server games engine i.e. for payments and the rest services etc.
You can download a tar.gz version to run locally for a play if you want from https://mega.co.nz/#!3IcSjLhC!M9ou9X51cP5oPK1aEMJ9hoYOCUGHK4O6XPZnI9S-ZHU
Just unpack and open the index.html file your browser.
This is just the first of many games that will sit on my new games platform including Keno, Texas Hold'em Poke, Black Jack, Video poke, Roulette and more slots...
This slot machine works exactly like the real thing i.e Random number generation and virtual reels. I haven't worked out the payback yet as I will have to dig into my brain to reawaken the area that deals with probabilities
but I will set it to pay back between 92% and 98%. Once the new game server is configured it will also use sampled AM radio frequency background noise to increase the entropy of the RNG in a similar way to that used by random.org.
There will also be an Arcade room where you can just play for fun. I am thinking of turning these games into a Coin(O) faucet room where you can earn just for playing....
Later on I will release the framework so that anybody else can write games for either the casino or arcade. The platform will be touch/gesture enabled and will run on any modern browser including on smart phones and tablets.
Anyway, I'll provide more details over the next few week but hopefully we can start to get people to hold onto their coin(O) for fun later
Just as an aside I am funding this all myself and will put 3,000 of my Coin(O) into the casino pot to start with (but any donations welcome)....
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