What is the current token valuation?
32 SUMO block reward 
Topic: [ANN] [SUMO] SUMOKOIN - 🔏 Digital Cash For Highly-Confidential Transactions 🔏 - page 125. (Read 202442 times)
November 01, 2017, 06:54:37 AM
November 01, 2017, 06:29:43 AM
What is the current token valuation?
November 01, 2017, 05:42:57 AM
Less than 24 hours to 36.5 SUMO block reward :3
November 01, 2017, 04:35:55 AM
I tried to download the wallet for windows x64 but after some minutes is always stacking.
Give a good description of the problem. I'm sure we can help
October 31, 2017, 11:01:45 PM
I tried to download the wallet for windows x64 but after some minutes is always stacking.
What do you mean by minutes is always stacking?
October 31, 2017, 09:07:13 PM
I tried to download the wallet for windows x64 but after some minutes is always stacking.
October 31, 2017, 08:32:12 PM
Strangely, very little volume on the exchanges now. Livecoin actually scary to watch. A lot of miners, but few investors. By the way, I look the latest news of bittrex, all sad, block many accounts. I understand that bittrex remains the largest exchange. But, plans have not changed?
A lot of miners, but few investors. By the way, I look the latest news of bittrex, all sad, block many accounts. I understand that bittrex remains the largest exchange. But, plans have not changed? Yes, I don't know what happened to Bittrex, is it going the way of Poloniex ? There are a lot of very disgruntled customers complaining about there accounts having been frozen with no word of when they will be opened again.
https://bitcointalk.org/index.php?topic=463202.1300
October 31, 2017, 08:07:05 PM
For low hashrate miners it is not profitable at all.
That makes no sense. Your hashrate only affects your personal income. Not profitability.
October 31, 2017, 04:52:51 PM
Strangely, very little volume on the exchanges now. Livecoin actually scary to watch. A lot of miners, but few investors. By the way, I look the latest news of bittrex, all sad, block many accounts. I understand that bittrex remains the largest exchange. But, plans have not changed?
A lot of miners, but few investors. By the way, I look the latest news of bittrex, all sad, block many accounts. I understand that bittrex remains the largest exchange. But, plans have not changed? As always in crypto the volume gets low when there is not much to talk about
But if you check the roadmap you'll see, that DEV will implement a subaddresses feature (like monero plans to). I guess the next few weeks will get exciting.I don't think the exchange-planes changed, but honestly: I don't know the current status.
October 31, 2017, 04:36:54 PM
Happy Halloween guys! Lets give Sumo a nice green candlestick on this scary day 
I’d like to say ditto to this!
Wish I had a bigger bag 💼... sitting on more than last month though!
October 31, 2017, 04:33:22 PM
Strangely, very little volume on the exchanges now. Livecoin actually scary to watch. A lot of miners, but few investors. By the way, I look the latest news of bittrex, all sad, block many accounts. I understand that bittrex remains the largest exchange. But, plans have not changed?
A lot of miners, but few investors. By the way, I look the latest news of bittrex, all sad, block many accounts. I understand that bittrex remains the largest exchange. But, plans have not changed? October 31, 2017, 04:34:32 AM
Happy Halloween guys! Lets give Sumo a nice green candlestick on this scary day
October 31, 2017, 01:41:42 AM
1. Sumokoin is a solid coin, it's the only coin I can trust 100% on privacy (even a bit more than Monero) and ofc it's younger having long time ahead for dev. It's a coin for future, I believe.
So you believe in the coin without a clear reason (BTW how exactly is it more private than Monero?), even though it failed to decentralize trust due to premine.2. I've got to know Sumoshi for a long time since when we worked on another project. He is a competent but old-school man. Frankly, I was little shocked when he said he wanted to start a cryptocurrency and asked me to join the team.
So you joined the team just because you knew him for long, not because it's a legitimate decentralized cryptocurrency.3. Sumoshi were right on many decisions (including premine but I think I already explained why at another post). He never wants to boast abt the coin and always encourages team to do right things in high ethical manner. That’s what I’d never found at many other teams. I trust @sumoshi not because he ever promised any big return or overnight success but, on the contrary, because he said it’d be very difficult to succeed and we could earn respects from our hard work for community only. Ofc, sometimes you can trust someone only because you feel he can be trusted via many small actions that you can hardly list/explain all.
So you support him just because you think he behaves in an ethical manner, while ignoring the fact that Sumoshi pushed the idea to not decentralize the currency, instead take hold of a centralized power within him.You seem to be too much personally attached to Sumoshi and cannot look straight into the truth. Maybe you owe him something greatly in real life which puts you in this condition. I feel a bit sorry for you, but at the same time your lack of understanding about this very basic principle of decentralized cryptocurrencies indicates that you won't be able to add much value to the table anyway if you contributed to other cryptocurrencies. I hope you'll at some point be able to see the real problem and get out of this dangerous game before a real consequence ensues. I wish you best.
That's all right @stoffu. You have only one concern abt premine and try to dramatize it all the way. Everyone here already knew the fact. Thanks for warning and hope you stop your game here.
October 31, 2017, 01:31:04 AM
1. Sumokoin is a solid coin, it's the only coin I can trust 100% on privacy (even a bit more than Monero) and ofc it's younger having long time ahead for dev. It's a coin for future, I believe.
So you believe in the coin without a clear reason (BTW how exactly is it more private than Monero?), even though it failed to decentralize trust due to premine.2. I've got to know Sumoshi for a long time since when we worked on another project. He is a competent but old-school man. Frankly, I was little shocked when he said he wanted to start a cryptocurrency and asked me to join the team.
So you joined the team just because you knew him for long, not because it's a legitimate decentralized cryptocurrency.3. Sumoshi were right on many decisions (including premine but I think I already explained why at another post). He never wants to boast abt the coin and always encourages team to do right things in high ethical manner. That’s what I’d never found at many other teams. I trust @sumoshi not because he ever promised any big return or overnight success but, on the contrary, because he said it’d be very difficult to succeed and we could earn respects from our hard work for community only. Ofc, sometimes you can trust someone only because you feel he can be trusted via many small actions that you can hardly list/explain all.
So you support him just because you think he behaves in an ethical manner, while ignoring the fact that Sumoshi pushed the idea to not decentralize the currency, instead take hold of a centralized power within him.You seem to be too much personally attached to Sumoshi and cannot look straight into the truth. Maybe you owe him something greatly in real life which puts you in this condition. I feel a bit sorry for you, but at the same time your lack of understanding about this very basic principle of decentralized cryptocurrencies indicates that you won't be able to add much value to the table anyway if you contributed to other cryptocurrencies. I hope you'll at some point be able to see the real problem and get out of this dangerous game before a real consequence ensues. I wish you best.
October 31, 2017, 12:57:54 AM
I'm posting one last time because I have a bit special respect for billaue:
I may very well be narrow-minded, but I'm 100% sure about this: the most important principle for a cryptocurrency is decentralization of trust. That's why Bitcoin was born, and that's what Monero and other very few legitimate coins stand upon. Any sort of premine just goes right against that principle, no matter what. Developments may need funding, but it can be collected through donations and other ways. Premine as a development fund is just wrong because it creates a special privilege for those controlling the premined coins. Every single effort should be made to decentralize any trust. In fact, Bitcoin and Monero are completely trustless.
I think you're ignorant of this important truth. I admire your skill as a developer (the Python-based GUI wallet and the miner look well engineered), but I believe you're being fooled by Sumoshi. I remember you mentioned previously that you weren't really strongly for or against the idea of premine. I guess your main interest has been only in the programming aspect, but your contribution as a developer will not be fully appreciated if you are on a wrong project.
One doesn't need to contact Monero devs nor obtain a permission to make a donation. The donation address is known in public.
I think from your narrow-minded viewpoints many coins could be called "scam" and you never mind repeating that everyday just to show your pride as a dev from Monero. But you know, the more you talked, the less I respect you, no matter what you've contributed to Monero (which itself is a respectable project).
I may very well be narrow-minded, but I'm 100% sure about this: the most important principle for a cryptocurrency is decentralization of trust. That's why Bitcoin was born, and that's what Monero and other very few legitimate coins stand upon. Any sort of premine just goes right against that principle, no matter what. Developments may need funding, but it can be collected through donations and other ways. Premine as a development fund is just wrong because it creates a special privilege for those controlling the premined coins. Every single effort should be made to decentralize any trust. In fact, Bitcoin and Monero are completely trustless.
I think you're ignorant of this important truth. I admire your skill as a developer (the Python-based GUI wallet and the miner look well engineered), but I believe you're being fooled by Sumoshi. I remember you mentioned previously that you weren't really strongly for or against the idea of premine. I guess your main interest has been only in the programming aspect, but your contribution as a developer will not be fully appreciated if you are on a wrong project.
Sumoshi will contact Monero devs for donation. I hope you guys will accept it but we never need your recognition.
One doesn't need to contact Monero devs nor obtain a permission to make a donation. The donation address is known in public.
@Bill, you'd better save energy for dev job.
@stoffu today, I don't really care much about any "scam" accusation. From Jamie's or Buffet's point of view, all coins are scams, Bitcoin and Monero are no exceptions. So, it's very subjective.
We want to donate in Sumokoin, ofc it'll be hard for you guys and I don't know you can accept them. That's why we'll want to ask first.
We'll keep what we said and you can keep your opinion abt Sumokoin but I think you should save your time for Monero dev rather than following offensive approach like some other dev teams
Your response has always been so entertaining. Thank you.
Thank @sumoshi for some words here. @stoffu is not another guy, he comes from respectable team and I was disappointed with his subjective opinion. However, I'll save this post on why I believe on Sumokoin and in @sumoshi personally.
1. Sumokoin is a solid coin, it's the only coin I can trust 100% on privacy (even a bit more than Monero) and ofc it's younger having long time ahead for dev. It's a coin for future, I believe.
2. I've got to know Sumoshi for a long time since when we worked on another project. He is a competent but old-school man. Frankly, I was little shocked when he said he wanted to start a cryptocurrency and asked me to join the team.
3. Sumoshi were right on many decisions (including premine but I think I already explained why at another post). He never wants to boast abt the coin and always encourages team to do right things in high ethical manner. That’s what I’d never found at many other teams. I trust @sumoshi not because he ever promised any big return or overnight success but, on the contrary, because he said it’d be very difficult to succeed and we could earn respects from our hard work for community only. Ofc, sometimes you can trust someone only because you feel he can be trusted via many small actions that you can hardly list/explain all.
October 31, 2017, 12:46:50 AM
Your emotional responses have always been very entertaining. I must thank you.
You forgot to mention that this is your last post in this thread cause you have better things to do.
For the sake of good order kindly edit your last message
I'm bored already, so I'll shut up for a while.
There are just too many scam coins with premine including Ethereum of course. Posting here is already enough for me.
I really should stop posting.
And dont deny it in order for you to know that sumoshi usualy replies in an emotional way you hang around this project more often than we do.
You are a Sumokoin honorary member
October 30, 2017, 11:40:52 PM
I'm posting one last time because I have a bit special respect for billaue:
I may very well be narrow-minded, but I'm 100% sure about this: the most important principle for a cryptocurrency is decentralization of trust. That's why Bitcoin was born, and that's what Monero and other very few legitimate coins stand upon. Any sort of premine just goes right against that principle, no matter what. Developments may need funding, but it can be collected through donations and other ways. Premine as a development fund is just wrong because it creates a special privilege for those controlling the premined coins. Every single effort should be made to decentralize any trust. In fact, Bitcoin and Monero are completely trustless.
I think you're ignorant of this important truth. I admire your skill as a developer (the Python-based GUI wallet and the miner look well engineered), but I believe you're being fooled by Sumoshi. I remember you mentioned previously that you weren't really strongly for or against the idea of premine. I guess your main interest has been only in the programming aspect, but your contribution as a developer will not be fully appreciated if you are on a wrong project.
One doesn't need to contact Monero devs nor obtain a permission to make a donation. The donation address is known in public.
I think from your narrow-minded viewpoints many coins could be called "scam" and you never mind repeating that everyday just to show your pride as a dev from Monero. But you know, the more you talked, the less I respect you, no matter what you've contributed to Monero (which itself is a respectable project).
I may very well be narrow-minded, but I'm 100% sure about this: the most important principle for a cryptocurrency is decentralization of trust. That's why Bitcoin was born, and that's what Monero and other very few legitimate coins stand upon. Any sort of premine just goes right against that principle, no matter what. Developments may need funding, but it can be collected through donations and other ways. Premine as a development fund is just wrong because it creates a special privilege for those controlling the premined coins. Every single effort should be made to decentralize any trust. In fact, Bitcoin and Monero are completely trustless.
I think you're ignorant of this important truth. I admire your skill as a developer (the Python-based GUI wallet and the miner look well engineered), but I believe you're being fooled by Sumoshi. I remember you mentioned previously that you weren't really strongly for or against the idea of premine. I guess your main interest has been only in the programming aspect, but your contribution as a developer will not be fully appreciated if you are on a wrong project.
Sumoshi will contact Monero devs for donation. I hope you guys will accept it but we never need your recognition.
One doesn't need to contact Monero devs nor obtain a permission to make a donation. The donation address is known in public.
@Bill, you'd better save energy for dev job.
@stoffu today, I don't really care much about any "scam" accusation. From Jamie's or Buffet's point of view, all coins are scams, Bitcoin and Monero are no exceptions. So, it's very subjective.
We want to donate in Sumokoin, ofc it'll be hard for you guys and I don't know you can accept them. That's why we'll want to ask first.
We'll keep what we said and you can keep your opinion abt Sumokoin but I think you should save your time for Monero dev rather than following offensive approach like some other dev teams
Your emotional responses have always been very entertaining. I must thank you.
October 30, 2017, 11:31:06 PM
I'm posting one last time because I have a bit special respect for billaue:
I may very well be narrow-minded, but I'm 100% sure about this: the most important principle for a cryptocurrency is decentralization of trust. That's why Bitcoin was born, and that's what Monero and other very few legitimate coins stand upon. Any sort of premine just goes right against that principle, no matter what. Developments may need funding, but it can be collected through donations and other ways. Premine as a development fund is just wrong because it creates a special privilege for those controlling the premined coins. Every single effort should be made to decentralize any trust. In fact, Bitcoin and Monero are completely trustless.
I think you're ignorant of this important truth. I admire your skill as a developer (the Python-based GUI wallet and the miner look well engineered), but I believe you're being fooled by Sumoshi. I remember you mentioned previously that you weren't really strongly for or against the idea of premine. I guess your main interest has been only in the programming aspect, but your contribution as a developer will not be fully appreciated if you are on a wrong project.
One doesn't need to contact Monero devs nor obtain a permission to make a donation. The donation address is known in public.
I think from your narrow-minded viewpoints many coins could be called "scam" and you never mind repeating that everyday just to show your pride as a dev from Monero. But you know, the more you talked, the less I respect you, no matter what you've contributed to Monero (which itself is a respectable project).
I may very well be narrow-minded, but I'm 100% sure about this: the most important principle for a cryptocurrency is decentralization of trust. That's why Bitcoin was born, and that's what Monero and other very few legitimate coins stand upon. Any sort of premine just goes right against that principle, no matter what. Developments may need funding, but it can be collected through donations and other ways. Premine as a development fund is just wrong because it creates a special privilege for those controlling the premined coins. Every single effort should be made to decentralize any trust. In fact, Bitcoin and Monero are completely trustless.
I think you're ignorant of this important truth. I admire your skill as a developer (the Python-based GUI wallet and the miner look well engineered), but I believe you're being fooled by Sumoshi. I remember you mentioned previously that you weren't really strongly for or against the idea of premine. I guess your main interest has been only in the programming aspect, but your contribution as a developer will not be fully appreciated if you are on a wrong project.
Sumoshi will contact Monero devs for donation. I hope you guys will accept it but we never need your recognition.
One doesn't need to contact Monero devs nor obtain a permission to make a donation. The donation address is known in public.
@Bill, you'd better save energy for dev job.
@stoffu today, I don't really care much about any "scam" accusation. From Jamie's or Buffet's point of view, all coins are scams, Bitcoin and Monero are no exceptions. So, it's very subjective.
We want to donate in Sumokoin, ofc it'll be hard for you guys and I don't know you can accept them. That's why we'll want to ask first.
We'll keep what we said and you can keep your opinion abt Sumokoin but I think you should save your time for Monero dev rather than following offensive approach like some other dev teams
October 30, 2017, 10:57:50 PM
For low hashrate miners it is not profitable at all.
October 30, 2017, 08:11:46 PM
is Sumokoin still profitable enough for miners, particularly AMD miners?
If I set my hashrates to WhatToMine then SUMO is second best for profit after ETH today.If electric bill is free, anything is profitable!
If your electricity bill if free then Ether is more profitable than Sumo (or other Cyyptonote coins), but I found that Ethash miners take about 20%-25% more electricity than Cryptonote miners. Even if Ether is more profitable if electricity cost are a factor then Sumo is more profitable.
I found I can't rely on Whattomine to give real-world power consumption values, mine are always higher than what Whattomine says.
My rig mining Ethash = 920 W, mining Cryptonote= 640 W from the wall. I love cryptonote for mining
There you go, you get about a 30% reduction in electricity costs from mining Sumo than you would from mining Ethereum.
So, if going by hashrate alone, Ether was more profitable than Sumo it (Ether) would need to be significantly more profitable to offset the extra electricity costs.
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