Topic: [ANN] SilkCoin | New Wallet | NOW on MintPal / Cryptsy | FULL POS - page 215. (Read 332114 times)

Introducing Operation Shock & Awe



What is Operation Shock & Awe?

Operation Shock & Awe is the internal name for a social initiative spearheaded through a series of giveaways from various outlets. The aim of operation shock and awe is to do a blitz of SilkCoin and get as many people as possible to hear about SilkCoin, download our wallet, learn about our features and in the process get listed on further exchanges.


How will Operation Shock & Awe work?

Operation Shock & Awe is a 2-part initiative.

Part 1, which is currently underway and will continue all the way through to the 2nd PoW phase, will be used to spread the word around about SilkCoin and in turn get listed on MintPal. This will provide us some stability and foundation going through to the 2nd PoW phase.

Part 2, which will collerate with the start of the 2nd Pow phase, will be a full on social media blitz to get as many people as possible to hear about SilkCoin. We already have some big crypto names in social media lined up ready for part 2. The names of these social media accounts will be anounced at the start of part 2.

Who are the current participants on Part 1?

All Crypto All Day
CryptoSandwich

Between the 2 above Twitter accounts, they have a following of over 36 000 people. SilkCoin will be tweeted about daily to each of these 36 000 followers.

CryptoSandwich is in charge of our MintPal voting campaign that can be found here : http://bitcoingarden.tk/forum/index.php?topic=541.0

Each voter will receive 15 SC per vote. There are additional prizes which include a 15 000 SC grand prize to the person who votes the most along with 2 500 SC prizes each for the 2nd, 3rd, 4th and 5th place voters

What can I do to help?


1. Vote for us on MintPal and post here : http://bitcoingarden.tk/forum/index.php?topic=541.0 to claim your 15 SC rewards
2. Retweet this : https://twitter.com/CryptoSandwich/status/470789069430333443 with the handle #silkcoin
3. Retweet all #silkcoin tweets from All Crypto All Day
4. Tweet what you like most about Silkcoin with the handle #silkcoin

*This is the first of many announcements to come.

I have been thinking about SC price for the last few days. I got lucky to pick up some on dips the other day.
I agree with the above. Fully mined right now the market cap sits at around 750k USD. That is including 15 million more coins coming.

This is a 1-2 million dollar coin at least in my opinion (for all obvious reasons stated previously). I am saying this even without buying my full "silk bag" yet because I think during the
final PoW there should be enough coins for me and everyone. Will see.

Honestly, the logical view at first glance is to wait until the second PoW to buy.  To me in my analysis the best thing to do is to buy half now and try to time the low during the second PoW.  I can tell you that even now Silk Coin is an extreme bargain.  While you may be able to get better deals in the second PoW, you also may not be able to.  It may go up if there are enough people waiting on the sidelines.  I do believe that the price is depressed because people are waiting to buy and that is already factored into the price.

There will be approx 15 Million coins created during the second pow.

If 345 People each throw in 1 BTC during the second PoW @ 2300 Satoshi, it would completely absorb ALL the new coins.  There is pent up purchase power out there since many like you are waiting.  I have held a majority of my coins even though I could gamble and sell them all and try to buy them back on the downside.  My fear is that I may never get them back if I try to sell them now.  Will there be at least 345 people willing to invest 1 BTC with all the innovations in the wallet and the news in their upcoming white paper, which they have a team of devs working on.  I am betting so...

Do what feels right to you and never second guess it!

Judge Crypto

The white paper we're writing is exclusively about the "eco-sytem" because with this system as I told earlier, almost anything can be decentralized, once again Satoshi's greastest invention was the blockchain not the currency.

Thanks!  Do you think that people will for the most part hold back from buying until closer towards the end of that second POW?  Won't there be some sell off during this second POW phase?  I'm assuming if that's true, I shouldn't get in until closer towards the end of the second POW phase?  I'm just trying to figure out when to get in.

I've been with SC since the first PoW, and I've stashed a good amount but I was hoping to double what I have now during the 2nd PoW. But then things changed; the block reward was halved and the awareness of SilkCoin seems to be growing. Several popular twitter traders/advisors/pumpers (whatever you like to consider them) have already mentioned that they're accumulating SC, and their followers are beginning to do the same. I've been holding off on accumulation because I got my current stack under 1k, and was hoping the 2nd PoW would create another great buying opportunity... but I'm starting to worry. Not about SilkCoin, quite the opposite - I'm beginning to worry that waiting was a mistake and the 2nd PoW might not create as big of a dip as I thought it would.

I still think there's a good chance - if we stay in the 2k prices - I still think we might see sub 2k prices during mining, at least periodically during dumps. But, it all really comes down to how popular the 2nd phase is. If it's quiet, it means fewer people got bigger stacks, and so dumps are more likely. If the 2nd PoW is hugely popular - and not just because of multipools - then we could actually see a price rise during the 2nd PoW.

The past couple weeks I've been eyeing 2nd PoW as a sure bet for cheap coins, but with the block change and the recent social momentum SC is getting, I'm not all that sure anymore. It will be interesting, to say the least. Glad I already got some!

The 2nd PoW starts at Block 50,000

We are at block 46,825...

The block times are about 1 block per minute so there are roughly 1440 blocks per day.  So the second PoW starts in a little over 2 days.  It shall end 10,000 blocks later or in about 7 days (1440 * 7 =  ~10,000) after it starts.

If you have the silk coin client you can view the current block under the statistics tab.

Judge Crypto

This second POW phase... when does it end and when will POS start?  Sorry if this has already been asked a thousand times lol

And by the way, reading all your messages about the marketplace : current point of view of the dev team is that this is just too risky. Imagine a decentalized maketplace, I would not say it is worse or better than silkroad, but one thing is for sure : it will we targeted and shutdown, look at Coinye and this is only kanye west... It may be reconsidered in the future, but for now we'll release the social network & exchange first and we're currently focused on that.

how long will the second POW stage last?
Things are looking pretty exciting with this coin HODL!

We have no link or affiliation with silkroad . Read OP, read a few pages all you will see our value in no where near silkroad.

Other subject : We're currently in the process of writing the white paper of the eco-sytem. And by the way, reading all your messages about the marketplace : current point of view of the dev team is that this is just too risky. Imagine a decentalized maketplace, I would not say it is worse or better than silkroad, but one thing is for sure : it will we targeted and shutdown, look at Coinye and this is only kanye west... It may be reconsidered in the future, but for now we'll release the social network & exchange first and we're currently focused on that.

The main point is we found a way to decentralize almost everything and this is major; The registration I told you about earlier is the basis of everything. Data is shared via p2p each node will have to stock a part of that data, with our current estimations of upload,messages,ect../user used space per node will be very small. But security measures have been integrated so that eavesdropping is almost impossible. That is also why, as I said earlier in another post there is a limitation in place which alows you to share profile/trades & co only with people you're "friends" with. And of course you've already guessed everything works with pub/priv keys, public key being associated with a username.

The white paper we're writing is exclusively about the "eco-sytem" because with this system as I told earlier, almost anything can be decentralized, once again Satoshi's greastest invention was the blockchain not the currency.

Last thing : as you saw earlier we always listen to the community so just imagine in what we could evolve with this system..

More infos soon....

We'll release an update of the wallet very soon to fix the few glitches present in the wallet we had to rush this release because of the hard fork.
Tomorrow we'll be 1 month old  .