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Topic: [ANN] [SUMO] SUMOKOIN - 🔏 Digital Cash For Highly-Confidential Transactions 🔏 - page 119. (Read 202459 times)

sr. member
Activity: 367
Merit: 250
Yes, thank's, I'll hold the main part.
But in any case, I think the developers need more time to marketing. Technically, the coin is not bad looking.
sr. member
Activity: 778
Merit: 252
The roadmap states that subaddresses will be ready this month. There is already new activity on Sumo's git. If I was you, I would keep all my Sumo. There is no point in selling them at this low price anyway  Wink
sr. member
Activity: 367
Merit: 250
I guess Hitbtc won't help. At least not now. Fees for 6 month are about 15btc (about 5 for one time source code check and about 10 for 6 month listing).

A lot of money if you ask me. Anyway it is not my decision to make  Wink

I still don't get the fear of the premine. I can't figure out a single scenario were it would be good to dump it...

If the coin won't be successfull until the first premine is set free, there is no reason to cash out since you simply can't.

If the coin is successfull, a little cash out would not hurt at all.

However, I discussed the premine far to often. I hold a couple of Sumo and I won't sell them anytime soon. However, everybody has to make up his own mind about the premine.

Yes, "5 BTC for one time source code check" LOL.
We'll see.. I only want to decide, how many the sumo to keep.
And when the release subaddress functionality?
sr. member
Activity: 778
Merit: 252
I guess Hitbtc won't help. At least not now. Fees for 6 month are about 15btc (about 5 for one time source code check and about 10 for 6 month listing).

A lot of money if you ask me. Anyway it is not my decision to make  Wink

I still don't get the fear of the premine. I can't figure out a single scenario were it would be good to dump it...

If the coin won't be successfull until the first premine is set free, there is no reason to cash out since you simply can't.

If the coin is successfull, a little cash out would not hurt at all.

However, I discussed the premine far to often. I hold a couple of Sumo and I won't sell them anytime soon. However, everybody has to make up his own mind about the premine.
sr. member
Activity: 367
Merit: 250
Sumokoin is a lowcapcoin. Dev are working on the core to implement Sumo's next big feature (subaddresses)
Since dev won't go for marketing bevor the work is done, it is quite natural for a small coin to loose volume (and value).

But imho this is honest & true developement without the urge to pump just for the sake of it.

I respect Sumokoin's dev for this decision and support their way of thinking. You don't see this often in times of crazy ICOs, only driven by big marketing shemes...

Yeah.. By the way and when the developers will open the wallets with premine? July 2018 first 600k? Given the very slow progress of this can be a problem. Not much time left.
I leave a few thousand sumo on the future. Still think the project is interesting. But now a lot of promising projects, there is faster things move. And from the developers themselves something little news. Subaddress nice, but on the market will not greatly affected.
What about hitbtc? 5-6 BTC listing on the 6 months or I mistake? I think not a bad option if so..
I mean, what cryptopia obviously artificially maintained the price of 4-5K now. The last time I bought 4K sumo with difficulty. Nobody wanted to sell at a reasonable price now. It is laughter and not bidding. Smiley
sr. member
Activity: 778
Merit: 252
Sumokoin is a lowcapcoin. Dev are working on the core to implement Sumo's next big feature (subaddresses)
Since dev won't go for marketing bevor the work is done, it is quite natural for a small coin to loose volume (and value).

But imho this is honest & true developement without the urge to pump just for the sake of it.

I respect Sumokoin's dev for this decision and support their way of thinking. You don't see this often in times of crazy ICOs, only driven by big marketing shemes...
newbie
Activity: 12
Merit: 0
Transactions seem slow this morning, I've had a receive in the pool for 40 minutes with 0 confirms so far.

I guess my piddly little purchase over there this morning didn't make a dent. Grin
I guess I'll leave them with crytpopia for a while and move them to the wallet later today. Someone mentioned the coin needs to get on a few more exchanges and a little boost of promotion...I think it has a future so I cashed in some ripple and I'll sit on the sumo for a while. I think it's an infant coin ready to grow...but who knows?
full member
Activity: 675
Merit: 100
Transactions seem slow this morning, I've had a receive in the pool for 40 minutes with 0 confirms so far.
sr. member
Activity: 367
Merit: 250
Hmm.. I see only bot trades on cryptopia. Is there any news about the bigger exchanges?
full member
Activity: 675
Merit: 100
I really want to buy some sumo because I like everything about this coin...except..the wallet. I'm just an inept non techie and I like things simple. I run windows 7 because I hate 10. Yes..I can get to the command prompt and type a bunch of stuff in there but it seems a bit complex. I ran the miner to check it out and that was really nice..but I quit after realizing my crummy hashrate of 48hs wasn't squat. I know I can get some sumo on cryptonia..but how do they store it? Seems to me I have to create a wallet within the cli and then go in there and do a bunch of fancy stuff every time I want to check..or transfer..or receive? Is there a simpler way to actually "manage" transactions for this coin? I think it has great potential and is at a good price now. Thanks!

Hi there, you don't have to use the cli-wallet there's also a nice GUI version which you can easily download from http://sumokoin.org
Then you create a wallet, make sure you write down your mnemonic seed in case you need to restore your wallet later. Then buy some bitcoin on any btc-fiat exchange site and transfer it to Cryptopia. After the btc transaction gets enough confirmations on the blockchain you'll be ready to make a buy order for SUMO. Smiley

Thanks..downloaded it and it looks pretty straightforward. Question is..does this have to sync up every time you use it or can you do transactions and then wait for it to sync later? All I really care about is transactions going in and out smoothly and not getting lost in a blockchain black hole until the sync is complete. Seems like it takes quite a while to sync so I'm wondering if it's usable during the sync?

After installation you have to wait for the initial sync.  In the future it shouldn't take that long to sync unless you haven't opened the wallet in a long, long, time.  It appears you can't do anything while syncing though.
newbie
Activity: 12
Merit: 0
I really want to buy some sumo because I like everything about this coin...except..the wallet. I'm just an inept non techie and I like things simple. I run windows 7 because I hate 10. Yes..I can get to the command prompt and type a bunch of stuff in there but it seems a bit complex. I ran the miner to check it out and that was really nice..but I quit after realizing my crummy hashrate of 48hs wasn't squat. I know I can get some sumo on cryptonia..but how do they store it? Seems to me I have to create a wallet within the cli and then go in there and do a bunch of fancy stuff every time I want to check..or transfer..or receive? Is there a simpler way to actually "manage" transactions for this coin? I think it has great potential and is at a good price now. Thanks!

Hi there, you don't have to use the cli-wallet there's also a nice GUI version which you can easily download from http://sumokoin.org
Then you create a wallet, make sure you write down your mnemonic seed in case you need to restore your wallet later. Then buy some bitcoin on any btc-fiat exchange site and transfer it to Cryptopia. After the btc transaction gets enough confirmations on the blockchain you'll be ready to make a buy order for SUMO. Smiley

Thanks..downloaded it and it looks pretty straightforward. Question is..does this have to sync up every time you use it or can you do transactions and then wait for it to sync later? All I really care about is transactions going in and out smoothly and not getting lost in a blockchain black hole until the sync is complete. Seems like it takes quite a while to sync so I'm wondering if it's usable during the sync?
full member
Activity: 675
Merit: 100
I'm using the GUI wallet, works great.  It even has an address book and a notes field for putting notes on transactions.

I wish Sumo was on Bittrex but I do have a Cryptopia account.  Sumo should have a nice pop if and when it gets added to more exchanges.  It may go nowhere but I think it's worth investing a small amount in case of future mooning.
full member
Activity: 294
Merit: 100
Accidentally went to this branch. Attracted the name. Japan has always been considered a symbol of quality. Cars, electronics and this sumocoin. Waiting for interesting information and I see. Already the company should come to an end, about 150 pages of discussions and that's the question that should be of concern at the beginning of the project. Who are the developers?

The facts are:
There are 4 devs. Two Japanese (that go by the names Haruto Tanno and Sumoshi Tanaka), 1 from the states (Bill) and 1 from Vietnam (Vu)
The only ceratin thing is that they are well established devs and very well known in their field.
You are free to poke around, there is much material regarding Sumokoin and you may discover a thing or two about them.
Start from here
https://medium.com/sumokoin/sumokoin-development-path-2c5e0fd1b0fa


The problem i see is those names don´t show in the website, neither a linkeding or background. Then those 10million tokens premined scare many ppl that find  kinda weird/dangerous not showing a single profile info/background+having a premine.  
Anonymity is ok, but when you are on an ICO and or a premine, team should be top transparent, at the end of the day you need to convince miners and mostly investor that this is a legit project lead by legit people.

I´m mining sumo for quite a long, and i´m confident, but i see many people don´t see it that way, and i understand that cause this is not the times of satoshi nakamoto, it´s the age of scaming icos and easy money makers (,  last premine with scaming suspicious is lux, just a few days ago , not the first, nor the last).

Sumo team should really consider to be a bit more transparent in that way, add profile backgrond to the website, etc... i´m not critic with your decision, just pointing what i see is something negative for the normal growth of the projecct.. that and the lack of marketing, but that´s another story  Smiley

newbie
Activity: 105
Merit: 0
I really want to buy some sumo because I like everything about this coin...except..the wallet. I'm just an inept non techie and I like things simple. I run windows 7 because I hate 10. Yes..I can get to the command prompt and type a bunch of stuff in there but it seems a bit complex. I ran the miner to check it out and that was really nice..but I quit after realizing my crummy hashrate of 48hs wasn't squat. I know I can get some sumo on cryptonia..but how do they store it? Seems to me I have to create a wallet within the cli and then go in there and do a bunch of fancy stuff every time I want to check..or transfer..or receive? Is there a simpler way to actually "manage" transactions for this coin? I think it has great potential and is at a good price now. Thanks!

Hi there, you don't have to use the cli-wallet there's also a nice GUI version which you can easily download from http://sumokoin.org
Then you create a wallet, make sure you write down your mnemonic seed in case you need to restore your wallet later. Then buy some bitcoin on any btc-fiat exchange site and transfer it to Cryptopia. After the btc transaction gets enough confirmations on the blockchain you'll be ready to make a buy order for SUMO. Smiley
newbie
Activity: 12
Merit: 0
I really want to buy some sumo because I like everything about this coin...except..the wallet. I'm just an inept non techie and I like things simple. I run windows 7 because I hate 10. Yes..I can get to the command prompt and type a bunch of stuff in there but it seems a bit complex. I ran the miner to check it out and that was really nice..but I quit after realizing my crummy hashrate of 48hs wasn't squat. I know I can get some sumo on cryptonia..but how do they store it? Seems to me I have to create a wallet within the cli and then go in there and do a bunch of fancy stuff every time I want to check..or transfer..or receive? Is there a simpler way to actually "manage" transactions for this coin? I think it has great potential and is at a good price now. Thanks!
full member
Activity: 675
Merit: 100
SUMO down big today when most alts are up big.  I just started mining it to make sure my rigs are set up properly for it.  I'd like to HODL a few thousand in case it takes off at some point (another MONA).

I don't like that it takes over four hours for mined blocks to mature, that is extreme.
sr. member
Activity: 778
Merit: 252
Dev, where is your team?

I'm not a dev but I don't get your question...
sr. member
Activity: 778
Merit: 252
Hello sumogr. I was told I was the only bot. L E T  T H E  R O B O T  W A R S  B E G I N N

*robot voice off*

Don't make a fool of yourself Call_Me_Bambi. You have an official looking sig and avatar. Don't post such rubbish and keep your dignity  Grin

Thank you for caring so much, but I lost all my dignity in the Esteem Wars of '72, it was brutal and many a brave comrade was lost Smiley


OkOk ... nevermind  Grin
sr. member
Activity: 574
Merit: 261
Hello sumogr. I was told I was the only bot. L E T  T H E  R O B O T  W A R S  B E G I N N

*robot voice off*

Don't make a fool of yourself Call_Me_Bambi. You have an official looking sig and avatar. Don't post such rubbish and keep your dignity  Grin

Thank you for caring so much, but I lost all my dignity in the Esteem Wars of '72, it was brutal and many a brave comrade was lost Smiley
sr. member
Activity: 463
Merit: 253
Does the team have experience in this sphere?

 Roll Eyes

I think the OP is a bot, I've seen the same posts from him in other threads. Just look at all the other posts, it looks like he has a stock list of comments and is cycling through them.

I am a bot indeed. How on earth did you find out? I was built to be unrecognisable

Not you Do'h !, the dude called "nestleblushing".
It looks like he/it/she is posting very short, repeated & banal, comments over several threads possibly to get there activity level up to 'Member'.

Oh sorry dude Smiley Got it now! He might be indeed
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