[ANN] [Rupee][RUP] Relaunch. CryptoCurrency for India,South Asia, and the world! - page 4.

snake21

member

Activity: 76

Merit: 10

Quote from: Dge10 on September 28, 2017, 02:29:58 PM

RUP or RIP Embarrassed

will return back to 500-100 sat , down quickly just as he climbed !!! I've lost all my investment

I also invested, with the confidence that it would rise more.
And now with all that has gone down, we lose almost the entire investment.

Hopefully in Yobit, some bot-based user will raise the value of the currency just like they have done with other currencies.

I know that in Yobit, there is an active bot of this coin.
I think what the bot wants is to lower the price so that we sell and have the most coins and then upload it.

cebonl

full member

Activity: 166

Merit: 100

hey guys now it's going fast

2017-09-28 15:46 RUP R9sbCUy5QvMtfstiZk67DdMkKbQfye4QLU 7324.97388538 Accounted 17/17

NIECE NICE

Dge10

full member

Activity: 182

Merit: 101

RUP or RIP Embarrassed

will return back to 500-100 sat , down quickly just as he climbed !!! I've lost all my investment

lozzauk

newbie

Activity: 26

Merit: 0

Found my answer to why we are on so many coins.
The first mined block had a reward of 21000000.00000000 RUP and of course really easy difficulty.

https://www.blockexperts.com/rup/height/1

Then block 2 onwards was 50 coins.
https://www.blockexperts.com/rup/height/2

This means 21m of 21.938m are in the devs hands presumably. This makes this totally uninvestable.

lozzauk

newbie

Activity: 26

Merit: 0

Quote from: Gabman on September 28, 2017, 02:05:10 PM

Quote from: lozzauk on September 28, 2017, 12:26:41 PM

Quote from: Gabman on September 28, 2017, 12:21:57 PM

Yobit exchange is of late becoming one disappointing exchange. I 've been waiting for my BTC from Coinexchange to Yobit for hours too with no incoming transaction signal. I think they don't have enough workers to handle the growing interests of crypto investment. Cryptopia and Livecoin are much efficient.

In this case I think it's Rupee coin. Just look at the block timing, it's all over the place.

https://www.blockexperts.com/rup

The miners are obviously switching away when the difficulty climbs waiting for it to fall again, causing the whole chain to stop. Rupee coin will need to address this for it to have any sign of adoption.

The number of coins moving in the block chain is also alarming. I cashed out having bought in at 1200 sats. The slow blockchain cost me about $800 of profit.

I'm not a miners. Neither am I part of the team. But I think the difficulty must increase to control the coin over supply.

But that's not how it works. There's a supply of 50 coins per block and the block time is targeted to 5 minutes. The difficulty increases and decreases to maintain this timing. Same as bitcoin. But then this does use the bitcoin source....

The problem here is the hash rate of the network must be swinging wildly. We get blocks a minute apart and then nothing for hours.

In terms of controlled supply the questions I have is

- How have we got to 20m coins so fast? Even taking the rebrand into account it seems a lot. We are on block 19,660 so shouldn't that be only 983,000 coins thus far?

- A block every 5 minutes with 50 coins in is relatively high inflation. Maybe not too high but remains to be seen.

Gabman

member

Activity: 88

Merit: 10

Quote from: lozzauk on September 28, 2017, 12:26:41 PM

Quote from: Gabman on September 28, 2017, 12:21:57 PM

Yobit exchange is of late becoming one disappointing exchange. I 've been waiting for my BTC from Coinexchange to Yobit for hours too with no incoming transaction signal. I think they don't have enough workers to handle the growing interests of crypto investment. Cryptopia and Livecoin are much efficient.

In this case I think it's Rupee coin. Just look at the block timing, it's all over the place.

https://www.blockexperts.com/rup

The miners are obviously switching away when the difficulty climbs waiting for it to fall again, causing the whole chain to stop. Rupee coin will need to address this for it to have any sign of adoption.

The number of coins moving in the block chain is also alarming. I cashed out having bought in at 1200 sats. The slow blockchain cost me about $800 of profit.

I'm not a miners. Neither am I part of the team. But I think the difficulty must increase to control the coin over supply.

pawout

full member

Activity: 140

Merit: 100

Eiffel Tower

http://www.thisisinsider.com/eiffel-tower-facts-and-history-2017-3

cebonl

full member

Activity: 166

Merit: 100

the work again Cheesy

2017-09-28 15:46 RUP R9sbCUy5QvMtfstiZk67DdMkKbQfye4QLU 7324.97388538 Incoming 10/17

lozzauk

newbie

Activity: 26

Merit: 0

Quote from: Gabman on September 28, 2017, 12:21:57 PM

Yobit exchange is of late becoming one disappointing exchange. I 've been waiting for my BTC from Coinexchange to Yobit for hours too with no incoming transaction signal. I think they don't have enough workers to handle the growing interests of crypto investment. Cryptopia and Livecoin are much efficient.

In this case I think it's Rupee coin. Just look at the block timing, it's all over the place.

https://www.blockexperts.com/rup

The miners are obviously switching away when the difficulty climbs waiting for it to fall again, causing the whole chain to stop. Rupee coin will need to address this for it to have any sign of adoption.

The number of coins moving in the block chain is also alarming. I cashed out having bought in at 1200 sats. The slow blockchain cost me about $800 of profit.

Gabman

member

Activity: 88

Merit: 10

Quote from: cebonl on September 28, 2017, 11:24:42 AM

after 3 hours from coinexchange to yobit but still ''0'' confirms ??

why??

Incoming transactions

Time seen Currency To address Amount Status Confirms
2017-09-28 15:46 RUP R9sbCUy5QvMtfstiZk67DdMkKbQfye4QLU 7324.97388538 Incoming 0/17

Yobit exchange is of late becoming one disappointing exchange. I 've been waiting for my BTC from Coinexchange to Yobit for hours too with no incoming transaction signal. I think they don't have enough workers to handle the growing interests of crypto investment. Cryptopia and Livecoin are much efficient.

vergegod

full member

Activity: 196

Merit: 100

Quote from: timotron on September 28, 2017, 09:23:37 AM

Quote from: ?? on ??

Quote from: vergegod on September 28, 2017, 08:01:06 AM

Quote from: cebonl on September 28, 2017, 06:03:59 AM

what is happening. dupm to 3000 sats???

Wallet status: Delayed (19645 blocks) on yobit ??

dev is something wrong??

Did someone say dump? Wait for it. . . 500-800 sat, you will see Grin

You are the evil panic maker here with your fake rumour scam just for you to buy the coin cheap and God will make you pay the price in a way too because karma is a natural law crook. I pity those that are listening to a con-star like you.

God does not exist...anyway creating this cane of messages ist not cool at all...

I Gona keep one eye on you Rupee...let`s see how you evolve.
Good luck.
Timotron

Now you have no way to disprove or prove that god doesn't exist. . . even more so, science is leading us towards the direction of a grand design by a super intelligent being. All research points to this.

Anyways, we will see at least 800 sat in the next day or so.

cebonl

full member

Activity: 166

Merit: 100

after 3 hours from coinexchange to yobit but still ''0'' confirms ??

why??

Incoming transactions

Time seen Currency To address Amount Status Confirms
2017-09-28 15:46 RUP R9sbCUy5QvMtfstiZk67DdMkKbQfye4QLU 7324.97388538 Incoming 0/17

rupeeteam

newbie

Activity: 42

Merit: 0

Guys we will be soon on other exchanges. Work in progress

timotron

sr. member

Activity: 924

Merit: 281

Trooper Founder & CEO

Quote from: ?? on ??

Quote from: vergegod on September 28, 2017, 08:01:06 AM

Quote from: cebonl on September 28, 2017, 06:03:59 AM

what is happening. dupm to 3000 sats???

Wallet status: Delayed (19645 blocks) on yobit ??

dev is something wrong??

Did someone say dump? Wait for it. . . 500-800 sat, you will see Grin

You are the evil panic maker here with your fake rumour scam just for you to buy the coin cheap and God will make you pay the price in a way too because karma is a natural law crook. I pity those that are listening to a con-star like you.

God does not exist...anyway creating this cane of messages ist not cool at all...

I Gona keep one eye on you Rupee...let`s see how you evolve.
Good luck.
Timotron

shaheer001

full member

Activity: 1274

Merit: 100

Hope RUP will come back to 8000+ sat as i am watching the keen interest of buyer one more good exchange needed for moon.

cebonl

full member

Activity: 166

Merit: 100

where is dev ?? People have invested a lot of money here

vergegod

full member

Activity: 196

Merit: 100

Quote from: cebonl on September 28, 2017, 06:03:59 AM

what is happening. dupm to 3000 sats???

Wallet status: Delayed (19645 blocks) on yobit ??

dev is something wrong??

Did someone say dump? Wait for it. . . 500-800 sat, you will see Grin

cebonl

full member

Activity: 166

Merit: 100

sorryy:)

wallet on yobit is oke again
nice

cebonl

full member

Activity: 166

Merit: 100

what is happening. dupm to 3000 sats???

Wallet status: Delayed (19645 blocks) on yobit ??

dev is something wrong??

lawnmorr

newbie

Activity: 1

Merit: 0

Rupee Added to Blocksuckernation.com pool .5% fee

share the hash!

Topic: [ANN] [Rupee][RUP] Relaunch. CryptoCurrency for India,South Asia, and the world! - page 4. (Read 12146 times)