Author

Topic: [ANN] SilkCoin | New Wallet | NOW on MintPal / Cryptsy | FULL POS - page 222. (Read 332099 times)

sr. member
Activity: 308
Merit: 250
I am also on Hashcows Multipool for SC. 
sr. member
Activity: 308
Merit: 250
PoW will hit big time SC value - but I do hope it will only be a short term threat.  Im quite happy we reduced the reward - but still, it's a huge increase in supply.  I do like the fact that more and more people will see the word "SilkCoin" and look at the features. 

I personnaly expect to see a sub 1k dive - and I'll spend 3-4 btcs within this range (and 2-3 Bitcoins in the 1300-1500 range).

Good luck to you guys !
+1
whenever I saw SC below 1k I was buying, good coin good future.  POW I agree may take it down there again but wow what a buying opp!  I have my BTC ready
hero member
Activity: 741
Merit: 500
PoW will hit big time SC value - but I do hope it will only be a short term threat.  Im quite happy we reduced the reward - but still, it's a huge increase in supply.  I do like the fact that more and more people will see the word "SilkCoin" and look at the features. 

I personnaly expect to see a sub 1k dive - and I'll spend 3-4 btcs within this range (and 2-3 Bitcoins in the 1300-1500 range).

Good luck to you guys !
sr. member
Activity: 434
Merit: 250
halving block reward by 50% after the 1 week PoW

Everything points to this being a P&D coin that will have one huge pump when the PoS starts and then the price will fall until it eventually dies.

buy in if you dare and dump when you can!
We've made this decision in the best interests of the community. If you look through the thread you'll see numerous posts which ask for a reduction in the block reward and in some cases even a total scrap of the 2nd PoW phase. We've had to compromise to suit the needs of both the early adopters and the future adopters which will come in the 2nd PoW phase.

Yes

Shortterm thinking that benefit the current holders for fast profit, that's exactly what I said.
full member
Activity: 238
Merit: 100
Roughly how many coins are currently in circulation? In total
hero member
Activity: 546
Merit: 500
I've been monitoring the SC/BTC market for a while now. There are immensely positive signs all around, buy support has been rolling in and quite a few sell wall have been taken down. At this stage 17 BTC would take us to 4000 Satoshis.

hero member
Activity: 546
Merit: 500

As usual great article jdebunt, 100 SC has been sent your way  Wink
legendary
Activity: 1596
Merit: 1010
hero member
Activity: 868
Merit: 1000
halving block reward by 50% after the 1 week PoW

Everything points to this being a P&D coin that will have one huge pump when the PoS starts and then the price will fall until it eventually dies.

buy in if you dare and dump when you can!

Don't spread FUD
hero member
Activity: 546
Merit: 500
halving block reward by 50% after the 1 week PoW

Everything points to this being a P&D coin that will have one huge pump when the PoS starts and then the price will fall until it eventually dies.

buy in if you dare and dump when you can!
We've made this decision in the best interests of the community. If you look through the thread you'll see numerous posts which ask for a reduction in the block reward and in some cases even a total scrap of the 2nd PoW phase. We've had to compromise to suit the needs of both the early adopters and the future adopters which will come in the 2nd PoW phase.
sr. member
Activity: 434
Merit: 250
halving block reward by 50% after the 1 week PoW

Everything points to this being a P&D coin that will have one huge pump when the PoS starts and then the price will fall until it eventually dies.

buy in if you dare and dump when you can!
sr. member
Activity: 308
Merit: 250
member
Activity: 67
Merit: 10
Let's get this wallet update with its new UI seen by everyone! Spread the word here : https://bitcointalk.org/index.php?topic=641579.new#new
member
Activity: 67
Merit: 10

 ⚠  ⚠   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


Oh hot dayum, that is absolutely gorgeous!!!!!!
hero member
Activity: 546
Merit: 500


Everyone when you have a chance, take a look at our new introductory video into SilkCoin






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.




Announcement

Win an Oculus Rift on Poloniex by Trading SilkCoin



Details

Quote
1. Any single trade on the SC/BTC market valued at 0.01 BTC or greater constitutes one entry into the competition

2. The number of trades made is important as it constitutes an entry into the competition. Volume is inconsequential. For example, 5 trades each with a value of 0.01 BTC will get you 5 entries, whereas 1 trade with a value of 0.05 BTC will get you 1 entry.

3. The more entries you make, the greater your chances of winning the competition

4. The competition runs from 05 June 2014 until the start of SilkCoin's 2nd PoW phase, projected to be on 12 June 2014

5. A winner will be randomly picked from the pool of entries

6. The winner will be announced by Poloniex at the end of the competition

Here's where to find info about the competition on Poloniex :



*This is the first of 3 major announcements that will be coming in the next 2 days!
full member
Activity: 283
Merit: 118
ETH 0xA9E06eaDc901737326237490C94B253e9876D743
Nice, thanks for this new wallet  Cheesy

Again any good works  Wink

Happy to have invested in your company


staff
Activity: 2454
Merit: 1617
Crypto Swap Exchange
It it likely to fall in price again once the next POW stage starts?
As its probably a good time to sell and then buy again when it drops? I wish i did this when it reached 2 cents!

Hindsights a bitch. I hate falling a sleep and dwelling over all my bad trades.. gah.  I just need to remember sell the hype buy the fear

lol i know, i could have made alot by riding the waves with this coin, but ive lost out by doing so with other coins, so i think i will hold tight on this one.
It may rise in price with the next POW, who knows!

Yes, and i am being optimistic SC will get listed on Mintpal. Currently #15 and steadily growing. Thanks to the mintpal votes giveaway Roll Eyes
sr. member
Activity: 336
Merit: 250
For those of you who aren't watching the market at the moment, the buy order book on Poloniex has tripled to over 20 BTC. Quite a few sell orders have been removed too, only 12 BTC would now get us to 3500 Satoshis.

Silkcoin is long time overlooked gem. SC is easily a million USD coin , propably more though. This is still a good time for some investments. Also be respoinsible&dont dump.
hero member
Activity: 546
Merit: 500
is it CPU mined? would it be worth mining with a 8core 3ghz i7? how many coins could i mine in a 24hr period roughly?
It's CPU & GPU mineable, in my opinion I don't think an 8-core i7, would match up to most of the GPU's available currently. It' tough to estimate the number of coins you will mine, it all depends on your hashrate in proportion to your pool hashrate and the number of blocks your pool finds.
hero member
Activity: 546
Merit: 500

Around how many coins will be mined in the 5 day PoW phase?

10000*2500(block reward) = 25.000.000 SC
You have to take into account the PoS blocks which reduce the total supply. Therefore there will be an estimated 15 Million Coins instead of 25 Million.
Jump to: