[ANN] [SFR] SaffronCoin | Latest Version - 1.4.2/2.6.2 | Mandatory Wallet Update - page 168.

daxiake

hero member

Activity: 688

Merit: 500

Quote from: anderson705 on June 26, 2014, 01:15:14 PM

Quote from: saffroncoin on June 26, 2014, 08:25:33 AM

Quote from: TizeN85 on June 26, 2014, 08:22:07 AM

If you implement POS, is that possible to keep POW? Even if you lower the max coin.
I see some POS coin with no need opened wallet for POS to work, can you implement it like this? If you implement it of course

We will have a look at that once the majority of the community approves that.
At present that is not on our cards now.
The current thing is POOF and then merged mining with BlakeCoin and anonymity.

i just buy more, help moving from 976 to almost 1200, but but not sure how long it going to last

i bought some too. volume dropped,seem will be dead again.

anderson705

full member

Activity: 233

Merit: 100

Quote from: saffroncoin on June 26, 2014, 08:25:33 AM

Quote from: TizeN85 on June 26, 2014, 08:22:07 AM

If you implement POS, is that possible to keep POW? Even if you lower the max coin.
I see some POS coin with no need opened wallet for POS to work, can you implement it like this? If you implement it of course

We will have a look at that once the majority of the community approves that.
At present that is not on our cards now.
The current thing is POOF and then merged mining with BlakeCoin and anonymity.

i just buy more, help moving from 976 to almost 1200, but but not sure how long it going to last

saffroncoin

hero member

Activity: 560

Merit: 500

Quote from: Stinky_Pete on June 26, 2014, 10:33:52 AM

What's changed?

I have my Antminer S1 pointed at zpool SFR (stratum+tcp://stratum.zpool.co:3004) for more than two weeks without problems, this morning the miner says the pool is dead and has switched to another coin. And yet the web page for that pool still appears normal.

Anyone know why?

I am not sure of Zpool. If there was something wrong, the admin "grotoc" would have posted it.

Till it gets back working, you could use the other pools.

Stinky_Pete

hero member

Activity: 560

Merit: 500

What's changed?

I have my Antminer S1 pointed at zpool SFR (stratum+tcp://stratum.zpool.co:3004) for more than two weeks without problems, this morning the miner says the pool is dead and has switched to another coin. And yet the web page for that pool still appears normal.

Anyone know why?

fedmahnkassad

hero member

Activity: 840

Merit: 500

Twitter: @FedKassad

Am I correct in my calculations that in the next 365 days there will be roughly 2.9mil new coins produced?

adaseb

legendary

Activity: 3808

Merit: 1723

You guys really need to relax.

There is no way that large buyer yesterday sold. Just not enough volume.

TizeN85

full member

Activity: 136

Merit: 100

Quote from: saffroncoin on June 26, 2014, 08:25:33 AM

Quote from: TizeN85 on June 26, 2014, 08:22:07 AM

If you implement POS, is that possible to keep POW? Even if you lower the max coin.
I see some POS coin with no need opened wallet for POS to work, can you implement it like this? If you implement it of course

We will have a look at that once the majority of the community approves that.
At present that is not on our cards now.
The current thing is POOF and then merged mining with BlakeCoin and anonymity.

Good to read that! I like POW coin more than POS, but if it help to grow up, I'm ok with POS

.

Can't wait for merged mining! Cheesy

saffroncoin

hero member

Activity: 560

Merit: 500

Quote from: TizeN85 on June 26, 2014, 08:22:07 AM

If you implement POS, is that possible to keep POW? Even if you lower the max coin.
I see some POS coin with no need opened wallet for POS to work, can you implement it like this? If you implement it of course

We will have a look at that once the majority of the community approves that.
At present that is not on our cards now.
The current thing is POOF and then merged mining with BlakeCoin and anonymity.

TizeN85

full member

Activity: 136

Merit: 100

If you implement POS, is that possible to keep POW? Even if you lower the max coin.
I see some POS coin with no need opened wallet for POS to work, can you implement it like this? If you implement it of course

saffroncoin

hero member

Activity: 560

Merit: 500

Hopefully they single dumper has dumped all.
We are on the move now.

saffroncoin

hero member

Activity: 560

Merit: 500

Quote from: devachelekar on June 26, 2014, 08:09:39 AM

Dev, one question!

Should we make this coin POS?

PoW will cause dumping the coins from miners where as POS will limit this.

POOF is great.

This coin needs more exposure.

111million coins look huge coins. ("PoW supply should be around 15 mil and POS should be around 45mil")

Rarity will play a big role.

Future anonymity should be different from others, and i believe our dev is capable of doing so.

Yes we have a lot of plans over the course. We can't implement everything at once.
We are taking everything into account.
It is just the matter of time!

I can assure you together we can get this coin into the top 10 of market cap.

devachelekar

sr. member

Activity: 382

Merit: 250

Dev, one question!

Should we make this coin POS?

PoW will cause dumping the coins from miners where as POS will limit this.

POOF is great.

This coin needs more exposure.

111million coins look huge coins. ("PoW supply should be around 15 mil and POS should be around 45mil")

Rarity will play a big role.

Future anonymity should be different from others, and i believe our dev is capable of doing so.

saffroncoin

hero member

Activity: 560

Merit: 500

Quote from: mishax1 on June 26, 2014, 07:52:33 AM

Quote from: TizeN85 on June 26, 2014, 07:46:23 AM

Quote from: mishax1 on June 26, 2014, 07:09:16 AM

Quote from: Packrack101 on June 26, 2014, 07:01:11 AM

why is people selling so cheap? This coin should be 2k sats min

Yesterday there was a big buy of ~4.5m coins @ 750-899 satoshi, I guess he made his profit and getting rid of the coins now or just shaking the market.. should move your buys under 700sat just in case.

edit: ~~looks like it hit its bottom @ 760sat and going back up~~ well fuck him hes just dumping.. I move my buys to 600.

Re-pump @800+ Wink

that sob..

The problem with Bittrex is that you can buy and sell your coins/orders to yourself creating a fake volume and fooling everyone that theres traders..

Lol yea. If we remain on Bittrex in the top 6-7 for a few more days, Mintpal could add us. Poloniex seems deaf to SFR.

Necessary to get on more exchanges so volume gets distributed.

mishax1

legendary

Activity: 2898

Merit: 1017

Quote from: TizeN85 on June 26, 2014, 07:46:23 AM

Quote from: mishax1 on June 26, 2014, 07:09:16 AM

Quote from: Packrack101 on June 26, 2014, 07:01:11 AM

why is people selling so cheap? This coin should be 2k sats min

Yesterday there was a big buy of ~4.5m coins @ 750-899 satoshi, I guess he made his profit and getting rid of the coins now or just shaking the market.. should move your buys under 700sat just in case.

edit: ~~looks like it hit its bottom @ 760sat and going back up~~ well fuck him hes just dumping.. I move my buys to 600.

Re-pump @800+ Wink

that sob..

The problem with Bittrex is that you can buy and sell your coins/orders to yourself creating a fake volume and fooling everyone that theres traders..

That fucker made me sell him 1/3 of my stash Angry

TizeN85

full member

Activity: 136

Merit: 100

Quote from: mishax1 on June 26, 2014, 07:09:16 AM

Quote from: Packrack101 on June 26, 2014, 07:01:11 AM

why is people selling so cheap? This coin should be 2k sats min

Yesterday there was a big buy of ~4.5m coins @ 750-899 satoshi, I guess he made his profit and getting rid of the coins now or just shaking the market.. should move your buys under 700sat just in case.

edit: ~~looks like it hit its bottom @ 760sat and going back up~~ well fuck him hes just dumping.. I move my buys to 600.

Re-pump @~~800+~~ 1000+ Wink

mishax1

legendary

Activity: 2898

Merit: 1017

Quote from: Packrack101 on June 26, 2014, 07:01:11 AM

why is people selling so cheap? This coin should be 2k sats min

Yesterday there was a big buy of ~4.5m coins @ 750-899 satoshi, I guess he made his profit and getting rid of the coins now or just shaking the market.. should move your buys under 700sat just in case.

edit: ~~looks like it hit its bottom @ 760sat and going back up~~ well fuck him hes just dumping.. I move my buys to 600.

Packrack101

newbie

Activity: 43

Merit: 0

why is people selling so cheap? This coin should be 2k sats min

mishax1

legendary

Activity: 2898

Merit: 1017

Some crazy bots on the market..IMO get ready for the price to get back to 1500sat ..

and........ DID YOU VOTE ? - https://www.mintpal.com/voting#SFR

adaseb

legendary

Activity: 3808

Merit: 1723

Quote from: MinerP on June 26, 2014, 01:07:43 AM

is there a rich list link?

someone bought 4.6 and 1.8 million saffrons?

They were never withdrawn from the exchange

vipin.khatri20

full member

Activity: 210

Merit: 100

I agree with Anderson and think that supply of this coin will be major hurdle in price increase. After POS became popular, the demand for mineable coins has reduced to nothing,no matter how good the coin is. Pos attracts big investors because it insures their investment will not get diluted in future. The mineable coins that are surviving have very little inflation. Dev has reduced inflation but still it is not that low.

Yeah many coins have reduced supply in between and it does not stop investors from investing in good coin. The prices are very cheap for big investors right now. I am not suggesting to change the coin to pure POS but my suggestion would be to reduce the total POW to suppose 50 million which will be mined in next like for example 20 years and another 50 million by POS at very low rate of interest. As it is multi-algo so changing it to pure POS will will change the entire concept of coin,which I am also against of.

But at last it's Devs coin, I respect his decision.

Topic: [ANN] [SFR] SaffronCoin | Latest Version - 1.4.2/2.6.2 | Mandatory Wallet Update - page 168. (Read 437835 times)