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Topic: [ANN] SilkCoin | New Wallet | NOW on MintPal / Cryptsy | FULL POS - page 207. (Read 332114 times)

sr. member
Activity: 336
Merit: 250
i want to buy SC because I think it's a quality coin with a big pump in front of it. I'm waiting for the pow period where 15m new coins will need to be absorbed over 5 days. I'm bewildered by the pump today, why would people buy right now? just really confusing to me. No coin has ever risen during a short intense pow period, they struggle to maintain a stable price between big miner dumps. Why are buyers ignoring this? If I need to buy at 4k fine, but I don't want to see 2k in 2 days...

I think people are buying with the thought that they wont be able to mine like it was in the first POW
I was getting 1000silk a day on first POW  this one i will be lucky to get 100 silk a day.  Everyone is going to rent RIGs and make it super hard to mine.  Just my thoughts on the pump.

Exactly

While you are right with "No coin has ever risen during a short intense pow period"

This is not first but second pow period and thats completely different!

Price is now 1000 SC for 0.035

But what happens when in order to mine 1000 silkcoin you will have to rent for 0.06? Will you sell underpriced? Of course not, you will hold or you will not mine. And it certainly looks like people are going to mine. Silkcoin community is great and nontoxic and I gurantee you there are hundreds of people just reading the topic, waiting for next pow in silence. This coin is a stable Island in the sea of scams and broken promises.

full member
Activity: 178
Merit: 100
i want to buy SC because I think it's a quality coin with a big pump in front of it. I'm waiting for the pow period where 15m new coins will need to be absorbed over 5 days. I'm bewildered by the pump today, why would people buy right now? just really confusing to me. No coin has ever risen during a short intense pow period, they struggle to maintain a stable price between big miner dumps. Why are buyers ignoring this? If I need to buy at 4k fine, but I don't want to see 2k in 2 days...

I think people are buying with the thought that they wont be able to mine like it was in the first POW
I was getting 1000silk a day on first POW  this one i will be lucky to get 100 silk a day.  Everyone is going to rent RIGs and make it super hard to mine.  Just my thoughts on the pump.
legendary
Activity: 1414
Merit: 1000
i want to buy SC because I think it's a quality coin with a big pump in front of it. I'm waiting for the pow period where 15m new coins will need to be absorbed over 5 days. I'm bewildered by the pump today, why would people buy right now? just really confusing to me. No coin has ever risen during a short intense pow period, they struggle to maintain a stable price between big miner dumps. Why are buyers ignoring this? If I need to buy at 4k fine, but I don't want to see 2k in 2 days.
What would be really cool is for the developer to announce they are cancelling the second pow, 30m coins is total coins let the pump begin.
hero member
Activity: 525
Merit: 501
GameX (GX) | NextGEN Gaming Cryptocurrency
Just want to check that I am on the correct wallet for SC. I am using the Windows version v1.0.9.0-g32a928e.

Also, could the Dev/SC team add the version number and release date to the OP for the various wallet releases. Would help a lot.
sr. member
Activity: 336
Merit: 250
Someone is trying to start panic sell on bitrex though failed miserably.
That disparity LOL.
full member
Activity: 238
Merit: 100
In the trollbox :

JudgeCrypto: Seriously about Silk Coin... I think they will be competing with Facebook and twitter Smiley what are their market caps?

@JudgeCrypto : You dont do any good to Silkcoin of you "lie" in a trollbox as if you were a noob at SC.  Seriously, I know you want SC to succeed, but fake hype is a dangerous signal of pump and dump - and as we know you have many SC, I a little bit concerned to read that kind of comment in the trollbox.  You could do better right ?  Thanks Tongue

I am not trolling... How is that fake hype?  If the devs use the blockchain for social media uses and create a mechanism to use unique user names and a built in website to facilitate messages and posts that is a direct competition to Facebook and Twitter... It is a social media use that has no censors... It will be huge.... watch...

Judge Crypto

EDIT: Has anyone actually READ the Devs vision and see where this is going?  This is NOT about some cheap marketplace... this is about SOCIAL MEDIA and it WILL be HUGE.... I have already connected the dots...

Don't stress JC... alot of crypto miners and investors have no understanding of the potential of blockchain technology... they only think of anon payments  & digital currency. one day they will have that lightbulb moment & see the potential.  I have been to the mountain top.

Microsoft have claimed that it could be put to good use as cloud storage!
That would make the blockchain extremley large though wouldnt it?

That I have no idea about Smiley
legendary
Activity: 1918
Merit: 1001
In the trollbox :

JudgeCrypto: Seriously about Silk Coin... I think they will be competing with Facebook and twitter Smiley what are their market caps?

@JudgeCrypto : You dont do any good to Silkcoin of you "lie" in a trollbox as if you were a noob at SC.  Seriously, I know you want SC to succeed, but fake hype is a dangerous signal of pump and dump - and as we know you have many SC, I a little bit concerned to read that kind of comment in the trollbox.  You could do better right ?  Thanks Tongue

I am not trolling... How is that fake hype?  If the devs use the blockchain for social media uses and create a mechanism to use unique user names and a built in website to facilitate messages and posts that is a direct competition to Facebook and Twitter... It is a social media use that has no censors... It will be huge.... watch...

Judge Crypto

EDIT: Has anyone actually READ the Devs vision and see where this is going?  This is NOT about some cheap marketplace... this is about SOCIAL MEDIA and it WILL be HUGE.... I have already connected the dots...

Don't stress JC... alot of crypto miners and investors have no understanding of the potential of blockchain technology... they only think of anon payments  & digital currency. one day they will have that lightbulb moment & see the potential.  I have been to the mountain top.

Microsoft have claimed that it could be put to good use as cloud storage!
That would make the blockchain extremley large though wouldnt it?
sr. member
Activity: 336
Merit: 250
SellALL, BuyBTC
Can someone clarify for me exactly how many coins extra will be available for POW? According to op its 25mil, 2500sc block reward block 1-10,000. I thought this was reduced though? Thanks.

45m total ever after pow
sr. member
Activity: 364
Merit: 250
Can someone clarify for me exactly how many coins extra will be available for POW? According to op its 25mil, 2500sc block reward block 1-10,000. I thought this was reduced though? Thanks.

It will Reduce it to 15million because of the POS blocks generated at the same time

Q
full member
Activity: 285
Merit: 100
Can someone clarify for me exactly how many coins extra will be available for POW? According to op its 25mil, 2500sc block reward block 1-10,000. I thought this was reduced though? Thanks.
sr. member
Activity: 336
Merit: 250
SellALL, BuyBTC
Please dont forget to VOTE: #11 and climbing: https://www.mintpal.com/voting
sr. member
Activity: 436
Merit: 250
In the trollbox :

JudgeCrypto: Seriously about Silk Coin... I think they will be competing with Facebook and twitter Smiley what are their market caps?

@JudgeCrypto : You dont do any good to Silkcoin of you "lie" in a trollbox as if you were a noob at SC.  Seriously, I know you want SC to succeed, but fake hype is a dangerous signal of pump and dump - and as we know you have many SC, I a little bit concerned to read that kind of comment in the trollbox.  You could do better right ?  Thanks Tongue

I am not trolling... How is that fake hype?  If the devs use the blockchain for social media uses and create a mechanism to use unique user names and a built in website to facilitate messages and posts that is a direct competition to Facebook and Twitter... It is a social media use that has no censors... It will be huge.... watch...

Judge Crypto

EDIT: Has anyone actually READ the Devs vision and see where this is going?  This is NOT about some cheap marketplace... this is about SOCIAL MEDIA and it WILL be HUGE.... I have already connected the dots...

Don't stress JC... alot of crypto miners and investors have no understanding of the potential of blockchain technology... they only think of anon payments  & digital currency. one day they will have that lightbulb moment & see the potential.  I have been to the mountain top.
sr. member
Activity: 364
Merit: 250
 ⚠  ⚠   Wallet Update - HARD FORK - UPDATE MANDATORY FOR EVERYONE  ⚠  ⚠
Mac, Windows & Linux available NOW fully compatible & BEAUTIFUL



As you may all know we finally decided to reduce the block reward in the next POW phase to please the community. There was a lot of arguments for and against the last phase so to please everyone since both sides had very valid points we decided to keep the last phase BUT reduce the block reward to 2500. So there will be 2x less coins generated in the last phase.

Total expected coins at the end of last phase : ~45 million

EVERYONE MUST UPDATE BEFORE POW, else you may send transactions on the wrong chain and lose your coins.
We deleted all pools from the OP, when you updated your client post in the thread we will add you back to the original post and website.




So now let's see this new version, better than words :




We worked very hard to release this update so fast fully compatible on all OS, we will now have more free time to get you updates from the eco-system front !

A white paper is in the writing but the system we're building is so complex the white paper will be quite long.
Just a few word this time, no this is not a darknet more a social network with unique usernames stored in the blockchain and all kind of infos shared via p2p everything working with pub/priv keys.

We'll give more and more infos quite soon so even before the whitepaper you all start to understand the way this system functions, for the moment enjoy the new update and..

Spread the word : MANDATORY UPDATE BEFORE POW BLOCK 50 000 OR RISK LOSING COINS


full member
Activity: 140
Merit: 100
could be killer... but is there a document on how it works exactly? want to do some research on the coin.
full member
Activity: 238
Merit: 100
In the trollbox :

JudgeCrypto: Seriously about Silk Coin... I think they will be competing with Facebook and twitter Smiley what are their market caps?

@JudgeCrypto : You dont do any good to Silkcoin of you "lie" in a trollbox as if you were a noob at SC.  Seriously, I know you want SC to succeed, but fake hype is a dangerous signal of pump and dump - and as we know you have many SC, I a little bit concerned to read that kind of comment in the trollbox.  You could do better right ?  Thanks Tongue

I am not trolling... How is that fake hype?  If the devs use the blockchain for social media uses and create a mechanism to use unique user names and a built in website to facilitate messages and posts that is a direct competition to Facebook and Twitter... It is a social media use that has no censors... It will be huge.... watch...

Judge Crypto

EDIT: Has anyone actually READ the Devs vision and see where this is going?  This is NOT about some cheap marketplace... this is about SOCIAL MEDIA and it WILL be HUGE.... I have already connected the dots...

PMed you man.

I responded to your PM... Also I will say here.  Not enough emphasis has been paid to the dev work being done with regard to the eco system.  In the OP the dev mentions an ECO SYSTEM which includes "Friends" and a censor free world, website, and posts.  That sounds a whole lot like Facebook and Twitter to me.  I will continue to inform people of what they are missing out on.  The devs have stated that the biggest gift of Satoshi Nakamoto was not coins but the block chain.  What would a distributed, censor free, social media eco system be worth?

EDIT: People read the OP and tell me where you think this is going?
sr. member
Activity: 336
Merit: 250
SellALL, BuyBTC
hero member
Activity: 868
Merit: 1000
sr. member
Activity: 364
Merit: 250


11th !! short easy push to 9th now

VOTE FOR US .. !! Please!


hero member
Activity: 741
Merit: 500
In the trollbox :

JudgeCrypto: Seriously about Silk Coin... I think they will be competing with Facebook and twitter Smiley what are their market caps?

@JudgeCrypto : You dont do any good to Silkcoin of you "lie" in a trollbox as if you were a noob at SC.  Seriously, I know you want SC to succeed, but fake hype is a dangerous signal of pump and dump - and as we know you have many SC, I a little bit concerned to read that kind of comment in the trollbox.  You could do better right ?  Thanks Tongue

I am not trolling... How is that fake hype?  If the devs use the blockchain for social media uses and create a mechanism to use unique user names and a built in website to facilitate messages and posts that is a direct competition to Facebook and Twitter... It is a social media use that has no censors... It will be huge.... watch...

Judge Crypto

EDIT: Has anyone actually READ the Devs vision and see where this is going?  This is NOT about some cheap marketplace... this is about SOCIAL MEDIA and it WILL be HUGE.... I have already connected the dots...

PMed you man.
legendary
Activity: 1302
Merit: 1002
Why not x11 ? I don't like asics  Sad
Dev have Asic farm Tongue mayby - joke
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