Current market cap is extremely low for a coin just listed on Bittrex.
Current Supply x Current Price = 22 million coins x 0.00000784 = 172 btc / $81,238 USD
Topic: [ANN] Gnosis [GNS] POW/POS Hybrid - Anon EM/Stealth Addressing - Scrypt - page 31. (Read 69828 times)
September 16, 2014, 05:34:12 AM
September 16, 2014, 05:16:40 AM
show rich lst and premine addres will buy!?
September 16, 2014, 05:13:43 AM
@traum
i don't give investment tip. i just chat about coin. Buy if you want, sell if you want, this is not my problem:)
I can only say i don't think buying is good atm, but this is not tip, this is just opinion.
maybe if explorer would be better i would understand better
I just think about this coin and i see some mess:
op 53m total, site 51m, abe, no roadmap yet (waiting)
look:
How much is mined already? I don't want to download qt.
Current supply of coins is currently over 21 million.
Like I mentioned in my previous post, total number of coins by the end of pow will most probably be around 32 million instead of 50 million.
but in abe:
Gnosiscoin GNS 3162 2014-09-16 03:55:07 2014-09-05 10.6805 19629327.38848354
Abe is not working good?
i don't give investment tip. i just chat about coin. Buy if you want, sell if you want, this is not my problem:)
I can only say i don't think buying is good atm, but this is not tip, this is just opinion.
maybe if explorer would be better i would understand better
I just think about this coin and i see some mess:
op 53m total, site 51m, abe, no roadmap yet (waiting)
look:
How much is mined already? I don't want to download qt.
Current supply of coins is currently over 21 million.
Like I mentioned in my previous post, total number of coins by the end of pow will most probably be around 32 million instead of 50 million.
but in abe:
Gnosiscoin GNS 3162 2014-09-16 03:55:07 2014-09-05 10.6805 19629327.38848354
Abe is not working good?
September 16, 2014, 05:09:51 AM
How much is mined already? I don't want to download qt.
Current supply of coins is currently over 21 million.
Like I mentioned in my previous post, total number of coins by the end of pow will most probably be around 32 million instead of 50 million.
https://bitcointalksearch.org/topic/m.8841714
September 16, 2014, 05:03:24 AM
How much is mined already? I don't want to download qt.
53m x 800 sato price = 424 btc, 203k $ (calc. from btc 480$).
If this coin doesn't have anything really interesting, it can drop to <30% of cap from 53m x 800s imo
~22m coins already mined @ block 3855
September 16, 2014, 05:01:35 AM
OP:
Max Coin supply: 53m
Premine: 3~%
site:
Max Coins : 51 million
51m or 53m?
Why not at coinmarketcap.com ?
why abe explorer?
lol
How much is mined already? I don't want to download qt.
53m x 800 sato price = 424 btc, 203k $ (calc. from btc 480$).
If this coin doesn't have anything really interesting, it can drop to <30% of cap from 53m x 800s imo
Max Coin supply: 53m
Premine: 3~%
site:
Max Coins : 51 million
51m or 53m?
Why not at coinmarketcap.com ?
why abe explorer?
Dev can you specify/clarify how much was premined for the cancelled ICO offering? And the link to the block explorer doesnt seem to be working.
lol
How much is mined already? I don't want to download qt.
53m x 800 sato price = 424 btc, 203k $ (calc. from btc 480$).
If this coin doesn't have anything really interesting, it can drop to <30% of cap from 53m x 800s imo
Another one of those smart kids who doesn't understand the definition of pow pos hybrid but gives investment tips.
Atleast you would read this topic, just a few comments above you duh.
September 16, 2014, 04:51:52 AM
OP:
Max Coin supply: 53m
Premine: 3~%
site:
Max Coins : 51 million
51m or 53m?
Why not at coinmarketcap.com ?
why abe explorer?
lol
How much is mined already? I don't want to download qt.
53m x 800 sato price = 424 btc, 203k $ (calc. from btc 480$).
If this coin doesn't have anything really interesting, it can drop to <30% of cap from 53m x 800s imo
Max Coin supply: 53m
Premine: 3~%
site:
Max Coins : 51 million
51m or 53m?
Why not at coinmarketcap.com ?
why abe explorer?
Dev can you specify/clarify how much was premined for the cancelled ICO offering? And the link to the block explorer doesnt seem to be working.
lol
How much is mined already? I don't want to download qt.
53m x 800 sato price = 424 btc, 203k $ (calc. from btc 480$).
If this coin doesn't have anything really interesting, it can drop to <30% of cap from 53m x 800s imo
September 16, 2014, 04:39:45 AM
So, blocks are burning slightly faster than expected, so pow length will be greatly reduced, instead of the 7+ Days we aimed for. POW Maybe be cut a day or two short. POW only lasts until block 10k..I expect on day 5-6 POW will end.
Folks, keep in mind there will be significantly less coins than what is specified in the ANN because of hybrid PoS + PoW. With PoS eating up so many blocks, our current supply of coins is just shy of over 21 million, when the expected amount should be over 30 million if through PoW alone.
Not to mention, the number of blocks that are currently being minted via PoS is increasing as more and more coins are being staked by the network. Currently 30% of blocks are being minted via PoS and increasing.
At this rate, I estimate we will end up with ~32 million coins compared to the 50+ million as specified in the ANN.
In summary, keep staking! With each coin chewed up by PoS each of our coins are worth more and more!
September 16, 2014, 04:36:55 AM
Over 20btc volume in the first 2 hours!
This will explode onto the first page on bittrex in no time.
This will explode onto the first page on bittrex in no time.
September 16, 2014, 04:22:08 AM
looks way too cheap had to buy a couple 100k 
lets roll!
lets roll! 1-2k sat price target with 1400+ diff and 20-30m coins.
Look at LTCD and its supply with nothing but promises. XCash reached 34k at peak with 2m coins.
XCash never had this diff on mining, some heavy investors are on board raceing for offexchange coins.
September 16, 2014, 03:54:30 AM
looks way too cheap had to buy a couple 100k lets roll!
lets roll! September 16, 2014, 03:51:16 AM
169.75 GH/s 
Current Difficulty 1,422.82238099
Current Difficulty 1,422.82238099
awesome September 16, 2014, 03:49:21 AM
Just bought some GNS on Bittrex. Price is pretty cheap right now, let's see where this goes
If you think this is cheap, take a look at SSD. SSD is the first coin over Tor with functional stealth addresses, plus a great wallet interface, and a 5+ POD. SSD Dev will also be coming out with an App at some point. All that for the same marketcap as this coin.
September 16, 2014, 03:46:02 AM
good to see Gnosis on Bittrex, congrats dev
September 16, 2014, 03:45:22 AM
169.75 GH/s
Current Difficulty 1,422.82238099
Current Difficulty 1,422.82238099
September 16, 2014, 03:22:38 AM
Just bought some GNS on Bittrex. Price is pretty cheap right now, let's see where this goes
September 16, 2014, 02:49:11 AM
September 15, 2014, 11:16:15 PM
premine is fine, it is what the dev does with it that matters. If its used to develop features and give the coin a better chance at being in a good price range its fine. But it needs to be upfront in the op with the address posted. otherwise your looking at panic dumping to 1 satoshi. I have a huge bag of this, if i think the dev is dumping the premine i can kill this market faster than he can dump it, so really its in his best interest to post the premine address and make sure everyone is on the same page. fud will kill a coin pretty fast if you let it.
+10000
I agree. Dev's deserve to be paid for the work they do. As long as they are transparent about where the funds are and how they will be used, I have no issues with a pre-mine at all. It takes a lot of time and effort to build a coin. Personally, I have been nothing but impressed by the dev so far - pod has been done, he is active and openly communicates on irc and can even be found on the troll box on c-cex. I look forward to seeing what he has in store for us.
Bring on the roadmap!
September 15, 2014, 10:46:31 PM
premine is fine, it is what the dev does with it that matters. If its used to develop features and give the coin a better chance at being in a good price range its fine. But it needs to be upfront in the op with the address posted. otherwise your looking at panic dumping to 1 satoshi. I have a huge bag of this, if i think the dev is dumping the premine i can kill this market faster than he can dump it, so really its in his best interest to post the premine address and make sure everyone is on the same page. fud will kill a coin pretty fast if you let it.
September 15, 2014, 10:18:03 PM
maybe keep a small amount for future development, faucets or something.. but most should just be destroyed
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