Topic: [ANN] Netcoin | Scrypt | **No Premine** - page 4. (Read 46981 times)

The coin is quietly and heavily being accumulated. The whales sold their way down and are not keeping the price low by buying all sell orders that come in and sell to those who bid higher and keep the price down. I see lots of buy orders go through so someone has been accumulating a lot of NET. I think the main reason is the block halving that is coming up in a few days.

What's happening with this coin. There are no ppl on forum, such low price. Are there any projects or some marketing stuff?

Yea it had a good bounce but dropped again since then. This time it runs to 1500 it wont drop back and most will sell.

It's pretty sad that a great coin like this falters and junk like potcoin and meow are hot these days. Those would never become  a "currency" in the future but NET may be.

Saw some decent NET/XPM action today, so I sold a bunch of NET for XPM.

NET/BTC jumped up too,  but not high enough for me to trade.   Close,  though.

Because YOU think so? 

NET is about to collapse below 1200. Just fyi in case you still are holding on to this.

"Screw Our children" means basically stealing from future generation for the current elderly. Its a really bad phenomenon in human history here are a few examples of how older generation Fuck future generation:

American Retirement (Called Social Security) pays more than it earns, so basically its a pot of money where elderly are taking more than the young are now putting in. So when the current young generation get old, they wont be able to get retirement because the system will collapse.

Land Ownership: those who were born sooner have chopped up the planet, signed some paper and now "OWN" that piece of land. This should not be possible. If you buy a piece of land, you shouldnt be able to sell it. Once you die, it should go to a pool and be given to new generation of born kids. Dubai gives free land to their newborn kids. If you are a Dubai citizen and born there, you get free land from government, its yours.

Atmosphere: We are creating tons of monoxide carbon with our cars. Our kids are born to a world that is way more polluted that we are.

Landfills: We are filling the planet with trash and covering it and calling it landfills. Crazy big boxes of milk and water. Stupid. Our kids will be born with 1% of the planet already taken by trash. Whats going to happen after 2000 years? 20% of the planet will be landfills? Actually no, we will run out of resources to build new milk boxes and wars will erupt over natural resources.

We are cutting down trees to build houses, we pollute our waters, we use whatever silicon is here to make computers, phones and tablets that we through away in just a few years in landfills. right now it doesn't feel like a big problem because we just started but after 500 or 1000 years they will hate us for it.

Those were just a few examples of what we are doing now. Our previous generation did similar things and screwed things for us. This is a natural human phenomenon.

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By the way I agree, its better for a coin to have many avg wealthy adopters like NET and DOGE than one or two gazillionaires like MOON who will dump and run.

After the crypto boom late 2013 newer coins have had more and more early adopters, so the distribution in them is better than in the earlier coins. It's better for the currency to have a lot of moderately wealthy people than a few filthy rich ones sitting on their wallets. Do you agree?


I'm not native English speaker so I don't get that sentence, what do you mean by that?

I have mined around 4,000 and bought 8,000 @ 1,700 satoshi during December so I wouldn't mind NET 10x'in, but it's been basically a slow downhill since then.

rewarding the early comers is a flaw in our fiat society, those who bought acres and acres of land 90 years ago (or simply took it over because no one was there) are now rewarded with billion times profit and now the new kids are born to a world where every square inch of land is chopped up and owned by some entity. Unfair advantage.

Satoshi took that screw our children concept and created bitcoin. Now there is no way out because no one can write a single piece pf code to change anything here.

When it comes to NET however, things are different. Its from the days when premining was not common so there is no instamine or premine. Yes there were early miners but they didnt have 600 million coins like MOON. And just like real money, it doesn't have a stupid "theme" so its not just to buy paint or buy gold or buy quark or whatever bullshit theme these coin copycats create (wtf is a theme for in a currency?). It also has a prestigious foundation backing it and promoting it and several websites accept it direct for purchases.

The main reason I think positively about NET is because historically it has been doubling when the halving comes so its a speculative option while pretty steady to own and keep with higher risk/reward than boring BTC and losing LTC. I do consider it the third coin (so do the Chinese lol check this out: https://bitcointalksearch.org/topic/chinese-people-are-crazy-to-buy-net-netcoin-they-think-net-is-the-third-coin-397035 ).

Any idea of coin distribution, how much do the 10 or 100 biggest wallets own? I suspect they own a lot, which would make people less likely to want to get involved at this stage anymore. Just look at quark, it's not moving anywhere until the early holders dump it to the bottom.

Just in case you are not watching your NETCOIN value, I wanted to mention a big selloff in NETCOIN currently down to 1265 Sat. I am wondering if I should buy more or sell my stash of NET.

Looks like NETCOIN is ready to be invested in. Check eBay sales to see what this is worth. Packages for 100 and 500 coins are selling for $20 that is 4 times what its worth. I am moving most of my BTC and LTC into NET today as it dipped below 1400 Satoshi for the first time. So this is primed to get in now.

I am expecting a 50% profit at min up to 2100 Satoshi by a few days before it halves in 30 days. Remember this coin was trading around 4000 Satoshi in January.

It also hit #1 coin on coinwarz in the past few days including today yielding the highest profit in Scrypt coins.

Links will be up and running soon, admin just had some minor dns problems.

Our pool is getting bigger.  Hope on for a stable netcoin mining experience.



http://net.dedicatedpool.com

OP has not been updated since the moving of the website. New address is http://forum.netcoinfoundation.org
and the windows wallet you can find at http://forum.netcoinfoundation.org/NetCoin.zip if you need another OS wallet just click down.

How can someone download the wallet when all links are down?

Hi Everyone, I just wanted to share the best pool I have found here that doesnt take 50% of your mining power in fees and claim 1% fee like most pools. Its called www. bitcoop. t k I am in no way shape or form associated with them.

With the halfing of this coin coming up in 40 days or so, this is the right time to start accumulating ahead of the spike without worrying about it getting cut in half overnight like MOON would. Very stable coin so far with great community support and nice foundation backing it up. Unlike MOON and most others this has had no premine, no forked chains and is a pretty stable coin. I can actually see this becoming the main coin for internet transactions as it is intended.

No scam here. Netcoin is a great stable coin with a big supporting community. It's not over-hyped by pop culture and has a long term vision.

Netcoin is here for the long run not for the quick gains.

block explorer on page works just fine. http://forum.netcoinfoundation.org

where is netcoin block explorer ?

explorer.netcoinfoundation.org doesnt work, and coins homepage redirs to some bullsh*t pool.

scam currency or what ?