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Topic: [ANN] New PinkCoin (PINK) Moderated Thread | PoS | Fundraiser | Anonymous - page 15. (Read 223775 times)

hero member
Activity: 882
Merit: 502
What is the point of putting a buy wall at 10sats? What is the objective? Again - what development is currently going on (if any)?

There are developments happening, Thank you Spock for re-posting my latest update.

The 10SATs was just a number used in the examples. The buy wall is new and relies on people using the systems. It will begin at 1 SAT, it is not a short term plan to push the price up, it is a longterm plan to support the coin. Our poker system in it's first couple weeks made over 1,000,000 PINK in rake. Had the buy wall been in place at that time, poker alone would've been adding a Bitcoin or more to the wall a week.

In other words, the buy wall at 1 SATs will forever climb the buy books. The more people using Pinkcoin, the higher the buy wall can climb.

tl:dr;
Use the tools we create, and the value of the coin will be supported.
member
Activity: 70
Merit: 10
This coin is  undervalued only 54 sat

100 - 46 or what is your way to calculate it?  Tongue
sr. member
Activity: 249
Merit: 250
newbie
Activity: 62
Merit: 0
This coin is  undervalued only 54 sat

 Way undervalued
+1
sr. member
Activity: 249
Merit: 250
This coin is  undervalued only 54 sat
newbie
Activity: 62
Merit: 0
Here are the Developments in the Works for Pinkcoin that I am currently aware of..

From Fayoling on the Pinkcoin Revamped Forum, September 25, 2014, 06:33:09 PM
Quick Roadmap:
Wallet.pink
Online wallet that will integrate all of our Pinkcoin systems. You can allocate balances to specific systems, better tracking, and usability. One wallet to rule them all.
 
Exchange.pink
Will allow people to exchange other altcoins and BTC into Pinkcoin. This will be done automatically, and your Pinkcoin will be directly deposited into your online wallet.

Pay With Pink http://crypto.pink/wip/paywithpink.pdf
Will allow vendors that currently accept Paypal, to also accept Pinkcoin without actually being paid in Pinkcoin. Vendors will receive Fiat for purchases made with Pinkcoin via Paypal.
This will also open the doors to buying Pinkcoin with Fiat.

These are the 3 up and coming features that we are currently building and integrating together, and into our current systems.
Upon their completion, Pinkcoin will not only be accessible by the masses, but it will be easy to get your hands on.

From Twitter 12:31 PM - 26 Oct 2014
                                                                        
pink orca
‏@m_ad_04m_ax_

Game changing development in the works for @Pinkcoin_ details will follow. I have been a busy #whale.

                                                                       Eternal Blessings,
                                                                     Spock Skywalker@WaterisAliv1111
newbie
Activity: 55
Merit: 0
Bittrex is where I trade it.
full member
Activity: 196
Merit: 100
Nice logo. Have seen this coin for the first time. Where are its markets?
newbie
Activity: 55
Merit: 0
What is the point of putting a buy wall at 10sats? What is the objective? Again - what development is currently going on (if any)?
hero member
Activity: 882
Merit: 502
Curious as to what happened to the 50/50 bot, is it going to continue?  I noticed the website is outdated saying this feature is only for October.  Last time I bought some of these it looked like it was a continuation of the October run according to the number sequence.   Great idea behind the buy wall how will the buy wall work? 

Staking coins for a week now with no payouts, wallet open 24/7.  Get within 15 mins of a payout though!  lol 

Any thoughts?... 

Good eye, we fixed the number sequence on the 50/50 for the bot, but I completely forgot to update the website. I will do that right now, thank you.

As for the buy wall, there is not "set in stone" function behind it as of right now.
 - we are going to potentially automate it so it can catch all the coins that are currently on the exchange. For example, if there are 100,000,000 Pinkcoin on the exchange, the buy wall would need 10BTC to hold at 10 SATs, 100BTC at 100SATs etc. If someone were to send 20,000,000 coins to the exchange, the buy wall would move down to a price where it can catch 120,000,000 coins.

 - a buy wall that can catch a said % of the coin. Let's just say it is designed to catch 100% of the coins, it would need 36.4BTC support to hold at 10 SATs. 50% of the coins, it would need 18.2BTC to hold at 10 SATs etc...

We are not sure yet which option is the best, most effective, and most efficient. All I know is that by using the tools created for Pinkcoin, you are not only marketing, you are also adding liquidity and helping with buy support indirectly.

full member
Activity: 232
Merit: 100
Can anyone tell me what development is currently in progress for this coin? Or should I sell everything I own?

I wonder also what is happening, it has been quite for a while...
newbie
Activity: 55
Merit: 0
Can anyone tell me what development is currently in progress for this coin? Or should I sell everything I own?
sr. member
Activity: 331
Merit: 252
Curious as to what happened to the 50/50 bot, is it going to continue?  I noticed the website is outdated saying this feature is only for October.  Last time I bought some of these it looked like it was a continuation of the October run according to the number sequence.   Great idea behind the buy wall how will the buy wall work? 

Staking coins for a week now with no payouts, wallet open 24/7.  Get within 15 mins of a payout though!  lol 

Any thoughts?... 
full member
Activity: 231
Merit: 100
Buy low, sell high.
full member
Activity: 232
Merit: 100
Sumgye has been talking a lot lately of giving that wallet a once over, cleaning it up and getting it back to optimal performance. So hopefully we will have another new wallet coming soon Smiley

Nice, I am looking forward to it.
regards Anoxy
hero member
Activity: 882
Merit: 502
Few questions. 

Does the wallet need to run 24/7 to stake?

How come the estimated time is waaay off?  22 mins for like a day now, network weight of 1.2 million.

New wallet seems to struggle to stake, I just upgraded from old one. 

Any help would be appreciated.

You don't need to run it 24/7, however it will stake most if you do. If you only run it a couple hours every few days, it will catch up on all your missed stakes. However, had it been running that whole time, those "missed stakes" would have been aging and staking themselves. It is not really a noticeable difference, but it is a difference.

Estimated time does that on most PoS coins, I unfortunately do not have the answer to it.

New wallet stakes fine, it is a little slower and heavier on your computers resources as there is a lot going on in there.

Sumgye has been talking a lot lately of giving that wallet a once over, cleaning it up and getting it back to optimal performance. So hopefully we will have another new wallet coming soon Smiley
sr. member
Activity: 331
Merit: 252
Few questions. 

Does the wallet need to run 24/7 to stake?

How come the estimated time is waaay off?  22 mins for like a day now, network weight of 1.2 million.

New wallet seems to struggle to stake, I just upgraded from old one. 

Any help would be appreciated.
full member
Activity: 232
Merit: 100
Won't be buying Pinkcoin until I can get the Wallet to sync.  Which looks like may never happen.  Don't want to take a chance & buy & have wallet issues. 

Did you solve the problem with synching?
hero member
Activity: 882
Merit: 502
Anyone know when the 50/50 draw is happening? 

Here is my address for the 100000 Pink I won.  Thank you so much!

 PUSKGs4Dhc9eervWXpjdpEYdx2W79fe2Zo

At half a million Pink and climbing...

You are well on your way to becoming a pinkcoin millionaire Cheesy

I believe madmax on Twitter was the one offering the 100,000 PINK reward, so hit him up.

It appears you are also the winner of the 50/50 draw. So that's another 60k PINK deposited into your Twitter wallet Wink

Keep up the good work and positive attitude.

https://twitter.com/Pinkcoinlottery/status/529335989462786049
sr. member
Activity: 331
Merit: 252
Anyone know when the 50/50 draw is happening? 

Here is my address for the 100000 Pink I won.  Thank you so much!

 PUSKGs4Dhc9eervWXpjdpEYdx2W79fe2Zo

At half a million Pink and climbing...
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