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Topic: [ANN] SilkCoin | New Wallet | NOW on MintPal / Cryptsy | FULL POS - page 303. (Read 332099 times)

hero member
Activity: 546
Merit: 500
How many PoW blocks left? Also is Bittrex down?
legendary
Activity: 1428
Merit: 1000
Hopefully multipools have sold out of their coins, 1-2 more days

hey pondsea. I see you use IPOMiner. Curious what you set your share diff at for your worker? I'm hashing at .13 GH/s and set it to the highest share diff. is that good you think?

256 normally. I usually do 500mh or higher so use the highest settings
sr. member
Activity: 336
Merit: 250
Got Crypto?
Just wait. This coin will follow DarkCoin
sr. member
Activity: 303
Merit: 250
No one like you
why is this coin going so cheap right now? I dont understand.. not many buy orders either, 462 satoshi on poloniex right now..wtf?

is it because multipools are dumping coins? but why is there almost no buy orders?
mybe more peopel doesn't like POW+POS+POW
OR this coin  is too more!
w8
full member
Activity: 187
Merit: 100
I can't open the mac wallet ?! Huh

Are you using the wallet from the OP? What version of OSX are you using? What errors are you having?

Thanks,
w8

1. Yes
2. 10.9.2
3. no errors. Can double/single click - short jiggle - and nothing

Try this one ... sometimes Mega corrupts the wallet during download.

https://drive.google.com/file/d/0B-OJ6QOgENhfeFBOTV85N0JBWkE/edit?usp=sharing
sr. member
Activity: 336
Merit: 250
Got Crypto?
Hopefully multipools have sold out of their coins, 1-2 more days

hey pondsea. I see you use IPOMiner. Curious what you set your share diff at for your worker? I'm hashing at .13 GH/s and set it to the highest share diff. is that good you think?
sr. member
Activity: 336
Merit: 250
Got Crypto?
POW almost over. Already at block 7,432. only ~2500 more. Buy cheap now or regret it tomorrow.
legendary
Activity: 1428
Merit: 1000
Hopefully multipools have sold out of their coins, 1-2 more days
hero member
Activity: 868
Merit: 1000
Bought a few hundred now.
Definitely one to watch

After pow multipools are there with buy pressure...

if you want to buy, buy it now. think tomorrow night, pow is over
sr. member
Activity: 322
Merit: 250
Bought a few hundred now.
Definitely one to watch
hero member
Activity: 868
Merit: 1000
Almost 3000 blocks in 24 hours...

Going fast!
hero member
Activity: 735
Merit: 501
@cryptojudge love your comments. Keep up the good spirit hyping the coin and attacking critical questions. When you are going to react to this post, try to include your mathermatics as well; how to buy 2,000,000 sc-coins at 800 sat for 4,5 btc. I am really interested to hear how you do that? Think about it this way; many people were scammed by devs that sold premined coins, so why so angry when someone tries to get some information about the premine.

First of all, for the record you are absolutely right and I am absolutely wrong on the mathematics.  I made a severe calculation error.  It would take 16 BTC to get 2,000,000 even without market movement. My irritation with your posts consisted of ...

1) Demanding an instant answer and threatening to use the lack of an instantaneous response by calling the coin a scam
2) Calling me part of the scam simply by posting my opinion that the premine is not important
3) Demanding an answer by threat of selling 400k coins.

I believe your intentions are right but the way in which you go about them is wrong.

Judge Crypto
www.judgecrypto.com

Thanks for reacting. I indeed was rude in my post. This is not my usual behaviour. I apologize. In the past, I had some big losses on premined coins and since then I am trying to be more carefull. Last day, I bought a lot of SC. At first site, I liked this thread, things looked nice...etc. But the price keeps going down. So, I started reading again and found out that a lot of communitymembers were pretty much newbies, Always talking about how good the dev etc was. After some time, I saw another possibility of a huge scam. A dev, making a nice wallet and having lots of extra accounts, hyping the whole thing. In this mood, I decided to make a, not so nice, first post, hoping to get some clear answers.
I am happy with the info I got about the premine, but still don't get it, we are going down. 22M is mined now. Maybe there will remain some more downward pressure, but in my opinion most of the selling is finished. In the meantime we keep going down. Every buy-order I put in, 15% below the price, gets matched within 2 hours.

Thanks for the apology.  I also apologize as well, as I should be more understanding of people getting irritated with scam devs.  We are both stakeholders so we should be working together.

Some things I think to help the coin

1) Get on mintpal.  Bittrex is small volume and Poloniex is even smaller.  We need someplace that has more liquidity to absorb the sells.  Even if we are too late for the first PoW stage it will still help in PoS if there are more BTC in buy volume available.

2) Get a Reddit community started.  Many see that as a good benchmark for community.

3) Focus on some objectives for the coin.  Post them here and update as progress is done.  People get scared when the thread is slow on a new coin.  People have been burned many times as evidence by some of the interactions by otherwise reasonable people.

4) A multipool needs to be setup to kick in after PoW stage.

Just some thoughts.

- Already asked for Mintpal, and anyway it will come in time we are not worried. It's only the beginning.
- Reddit just got setup today, see the OP i updated the social. Most activity will start tomorrow i guess, with the giveaway and new wallet.
- We'll soon be more transparent about the plan we just have so much to do currently it would take too much time to detail every step, wait until we're a little bit more settled it's been only 3 days.
- We already got 3 pools with payout in silkcoins including Hashcows ready to kick in POS phase

1+

Thanks for your work thus far on this currency.
member
Activity: 168
Merit: 10
@cryptojudge love your comments. Keep up the good spirit hyping the coin and attacking critical questions. When you are going to react to this post, try to include your mathermatics as well; how to buy 2,000,000 sc-coins at 800 sat for 4,5 btc. I am really interested to hear how you do that? Think about it this way; many people were scammed by devs that sold premined coins, so why so angry when someone tries to get some information about the premine.

First of all, for the record you are absolutely right and I am absolutely wrong on the mathematics.  I made a severe calculation error.  It would take 16 BTC to get 2,000,000 even without market movement. My irritation with your posts consisted of ...

1) Demanding an instant answer and threatening to use the lack of an instantaneous response by calling the coin a scam
2) Calling me part of the scam simply by posting my opinion that the premine is not important
3) Demanding an answer by threat of selling 400k coins.

I believe your intentions are right but the way in which you go about them is wrong.

Judge Crypto
www.judgecrypto.com

Thanks for reacting. I indeed was rude in my post. This is not my usual behaviour. I apologize. In the past, I had some big losses on premined coins and since then I am trying to be more carefull. Last day, I bought a lot of SC. At first site, I liked this thread, things looked nice...etc. But the price keeps going down. So, I started reading again and found out that a lot of communitymembers were pretty much newbies, Always talking about how good the dev etc was. After some time, I saw another possibility of a huge scam. A dev, making a nice wallet and having lots of extra accounts, hyping the whole thing. In this mood, I decided to make a, not so nice, first post, hoping to get some clear answers.
I am happy with the info I got about the premine, but still don't get it, we are going down. 22M is mined now. Maybe there will remain some more downward pressure, but in my opinion most of the selling is finished. In the meantime we keep going down. Every buy-order I put in, 15% below the price, gets matched within 2 hours.

Thanks for the apology.  I also apologize as well, as I should be more understanding of people getting irritated with scam devs.  We are both stakeholders so we should be working together.

Some things I think to help the coin

1) Get on mintpal.  Bittrex is small volume and Poloniex is even smaller.  We need someplace that has more liquidity to absorb the sells.  Even if we are too late for the first PoW stage it will still help in PoS if there are more BTC in buy volume available.

2) Get a Reddit community started.  Many see that as a good benchmark for community.

3) Focus on some objectives for the coin.  Post them here and update as progress is done.  People get scared when the thread is slow on a new coin.  People have been burned many times as evidence by some of the interactions by otherwise reasonable people.

4) A multipool needs to be setup to kick in after PoW stage.

Just some thoughts.

- Already asked for Mintpal, and anyway it will come in time we are not worried. It's only the beginning.
- Reddit just got setup today, see the OP i updated the social. Most activity will start tomorrow i guess, with the giveaway and new wallet.
- We'll soon be more transparent about the plan we just have so much to do currently it would take too much time to detail every step, wait until we're a little bit more settled it's been only 3 days.
- We already got 3 pools with payout in silkcoins including Hashcows ready to kick in POS phase
member
Activity: 70
Merit: 10
A custom coded wallet is a good start, but there is really little else to differentiate this coin from the flood of PoS coins coming out on the heels of BC's success. IMO, there has to be further innovation for there to be strong buyer support and the price to appreciate in any significant way, especially given the high number of total coins compared to the rest of the PoS coin market.

Mintcoin is accepted at more merchants, define success.  The only thing propping up BC is a massive multipool. 
hero member
Activity: 1036
Merit: 606
A custom coded wallet is a good start, but there is really little else to differentiate this coin from the flood of PoS coins coming out on the heels of BC's success. IMO, there has to be further innovation for there to be strong buyer support and the price to appreciate in any significant way, especially given the high number of total coins compared to the rest of the PoS coin market.
full member
Activity: 154
Merit: 100
I can't open the mac wallet ?! Huh

Are you using the wallet from the OP? What version of OSX are you using? What errors are you having?

Thanks,
w8

1. Yes
2. 10.9.2
3. no errors. Can double/single click - short jiggle - and nothing
full member
Activity: 238
Merit: 100
@cryptojudge love your comments. Keep up the good spirit hyping the coin and attacking critical questions. When you are going to react to this post, try to include your mathermatics as well; how to buy 2,000,000 sc-coins at 800 sat for 4,5 btc. I am really interested to hear how you do that? Think about it this way; many people were scammed by devs that sold premined coins, so why so angry when someone tries to get some information about the premine.

First of all, for the record you are absolutely right and I am absolutely wrong on the mathematics.  I made a severe calculation error.  It would take 16 BTC to get 2,000,000 even without market movement. My irritation with your posts consisted of ...

1) Demanding an instant answer and threatening to use the lack of an instantaneous response by calling the coin a scam
2) Calling me part of the scam simply by posting my opinion that the premine is not important
3) Demanding an answer by threat of selling 400k coins.

I believe your intentions are right but the way in which you go about them is wrong.

Judge Crypto
www.judgecrypto.com

Thanks for reacting. I indeed was rude in my post. This is not my usual behaviour. I apologize. In the past, I had some big losses on premined coins and since then I am trying to be more carefull. Last day, I bought a lot of SC. At first site, I liked this thread, things looked nice...etc. But the price keeps going down. So, I started reading again and found out that a lot of communitymembers were pretty much newbies, Always talking about how good the dev etc was. After some time, I saw another possibility of a huge scam. A dev, making a nice wallet and having lots of extra accounts, hyping the whole thing. In this mood, I decided to make a, not so nice, first post, hoping to get some clear answers.
I am happy with the info I got about the premine, but still don't get it, we are going down. 22M is mined now. Maybe there will remain some more downward pressure, but in my opinion most of the selling is finished. In the meantime we keep going down. Every buy-order I put in, 15% below the price, gets matched within 2 hours.

Thanks for the apology.  I also apologize as well, as I should be more understanding of people getting irritated with scam devs.  We are both stakeholders so we should be working together.

Some things I think to help the coin

1) Get on mintpal.  Bittrex is small volume and Poloniex is even smaller.  We need someplace that has more liquidity to absorb the sells.  Even if we are too late for the first PoW stage it will still help in PoS if there are more BTC in buy volume available.

2) Get a Reddit community started.  Many see that as a good benchmark for community.

3) Focus on some objectives for the coin.  Post them here and update as progress is done.  People get scared when the thread is slow on a new coin.  People have been burned many times as evidence by some of the interactions by otherwise reasonable people.

4) A multipool needs to be setup to kick in after PoW stage.

Just some thoughts.
sr. member
Activity: 308
Merit: 250
full member
Activity: 224
Merit: 100
SilkCoin will be better than DarkCoin. Thats my 2 pennies Grin

+1 exactly give it time
sr. member
Activity: 336
Merit: 250
Got Crypto?
SilkCoin will be better than DarkCoin. Thats my 2 pennies Grin
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