[ANN][0.8.6] Hirocoin - X11 - NGW - Secured Blockchain - Time Warp Limitation - page 77.

matauc12

hero member

Activity: 658

Merit: 500

Quote from: Vann on April 01, 2014, 02:51:55 PM

Quote from: matauc12 on April 01, 2014, 01:11:52 PM

Quote from: Vann on April 01, 2014, 12:09:33 PM

Quote from: chesthing on April 01, 2014, 11:56:05 AM

Quote from: matauc12 on April 01, 2014, 11:43:14 AM

Quote from: Vann on April 01, 2014, 11:37:19 AM

Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer (300M) and will soon switch to x11 as well.

so you think hiro is worth 30k market cap? Lol good trolling there.

I don't think he understands how to value a coin. He's talking about sat price instead of market cap, he seems rather clueless.

Just following in your steps, I did have enough of a clue to know to dump Hiro at 4000, which was the correct call. However you seem to think the value depends on the number of coins you you can get mining. I hear you get a lot of coins mining Doge, maybe you should try that.

I think you have very limited knowledge of markets.

You say the price is 10x overvalued. Drop the price by 10x, it brings the market cap to about 30k. You are crazy and stupid if you think the totality of hiro is worth 30k. That's probably even less than what it costs in electricity to have mined the current coins lol

Also, you are saying you sold at 4000 sat. Good, so it either means you contradict yourself or are just trying to buy more for cheaper. If you held on till 4000 sat, I wonder where it fits with your mentality that it's worth 250 sat.

IDK where you are getting a market cap of $30,000 @ 250 sat from. Hiro has a total 600M coins and the current mined total is ~15M, 6M of which were mined at an artificaially low diff. I've already stated why I believe Hiro is WAY overvalued at the current price and your argument to the contrary is just to say i'm crazy and stupid because YOU 'think' it's worth more. Just because I believe it's worth 250 sat doesn't mean I have to sell it for that price. We aren't talking about a company backed by real assets and customers or fiat currency backed by GDP. Any value ascribed to a crypto currency, especially one without innovation is speculative in it's entirety and HIGHLY subjective.

The entirety of this made me giggle. Thanks.

mikk2k2

full member

Activity: 126

Merit: 100

Quote from: matauc12 on April 01, 2014, 02:50:37 PM

Quote from: mikk2k2 on April 01, 2014, 02:45:05 PM

Quote from: matauc12 on April 01, 2014, 11:43:14 AM

Quote from: Vann on April 01, 2014, 11:37:19 AM

Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer (300M) and will soon switch to x11 as well.

so you think hiro is worth 30k market cap? Lol good trolling there.

I can go and buy 125k EMC for less than .5 BTC. Good luck doing the same with Hiro.

At time of posting 2.7mill emc for sale on Poloniex and 727k hiros for sale.

I have money in both but it would seem there are less Hiro for sale vs EMC2. Obviously your opinion, but all that matters is the opinion of the market.

You realize that less for sale means undervalued right? If holders believed the price was right, they would sell, if they are not selling it means they believe the price should be higher. Supply and demand.

That's what i was getting at - "opinion of the market"

Vann

hero member

Activity: 1036

Merit: 606

Quote from: matauc12 on April 01, 2014, 01:11:52 PM

Quote from: Vann on April 01, 2014, 12:09:33 PM

Quote from: chesthing on April 01, 2014, 11:56:05 AM

Quote from: matauc12 on April 01, 2014, 11:43:14 AM

Quote from: Vann on April 01, 2014, 11:37:19 AM

Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer (300M) and will soon switch to x11 as well.

so you think hiro is worth 30k market cap? Lol good trolling there.

I don't think he understands how to value a coin. He's talking about sat price instead of market cap, he seems rather clueless.

Just following in your steps, I did have enough of a clue to know to dump Hiro at 4000, which was the correct call. However you seem to think the value depends on the number of coins you you can get mining. I hear you get a lot of coins mining Doge, maybe you should try that.

I think you have very limited knowledge of markets.

You say the price is 10x overvalued. Drop the price by 10x, it brings the market cap to about 30k. You are crazy and stupid if you think the totality of hiro is worth 30k. That's probably even less than what it costs in electricity to have mined the current coins lol

Also, you are saying you sold at 4000 sat. Good, so it either means you contradict yourself or are just trying to buy more for cheaper. If you held on till 4000 sat, I wonder where it fits with your mentality that it's worth 250 sat.

IDK where you are getting a market cap of $30,000 @ 250 sat from. Hiro has a total 600M coins and the current mined total is ~15M, 6M of which were mined at an artificaially low diff. I've already stated why I believe Hiro is WAY overvalued at the current price and your argument to the contrary is just to say i'm crazy and stupid because YOU 'think' it's worth more. Just because I believe it's worth 250 sat doesn't mean I have to sell it for that price. We aren't talking about a company backed by real assets and customers or fiat currency backed by GDP. Any value ascribed to a crypto currency, especially one without innovation is speculative in it's entirety and HIGHLY subjective.

matauc12

hero member

Activity: 658

Merit: 500

Quote from: mikk2k2 on April 01, 2014, 02:45:05 PM

Quote from: matauc12 on April 01, 2014, 11:43:14 AM

Quote from: Vann on April 01, 2014, 11:37:19 AM

Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer (300M) and will soon switch to x11 as well.

so you think hiro is worth 30k market cap? Lol good trolling there.

I can go and buy 125k EMC for less than .5 BTC. Good luck doing the same with Hiro.

At time of posting 2.7mill emc for sale on Poloniex and 727k hiros for sale.

I have money in both but it would seem there are less Hiro for sale vs EMC2. Obviously your opinion, but all that matters is the opinion of the market.

You realize that less for sale means undervalued right? If holders believed the price was right, they would sell, if they are not selling it means they believe the price should be higher. Supply and demand.

And OBVIOUSLY you won't buy as many hiro with .5 btc as emc2.... it's like saying "I can buy more doge than ltc with .5btc"

chesthing

legendary

Activity: 1414

Merit: 1000

His logic fail lies in looking at total coins instead of existing coins. It's ok, I used to be dumb/ignorant about all this as well.

mikk2k2

full member

Activity: 126

Merit: 100

Quote from: matauc12 on April 01, 2014, 11:43:14 AM

Quote from: Vann on April 01, 2014, 11:37:19 AM

Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer (300M) and will soon switch to x11 as well.

so you think hiro is worth 30k market cap? Lol good trolling there.

I can go and buy 125k EMC for less than .5 BTC. Good luck doing the same with Hiro.

At time of posting 2.7mill emc for sale on Poloniex and 727k hiros for sale.

I have money in both but it would seem there are less Hiro for sale vs EMC2. Obviously your opinion, but all that matters is the opinion of the market.

matauc12

hero member

Activity: 658

Merit: 500

Quote from: Vann on April 01, 2014, 12:09:33 PM

Quote from: chesthing on April 01, 2014, 11:56:05 AM

Quote from: matauc12 on April 01, 2014, 11:43:14 AM

Quote from: Vann on April 01, 2014, 11:37:19 AM

Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer (300M) and will soon switch to x11 as well.

so you think hiro is worth 30k market cap? Lol good trolling there.

I don't think he understands how to value a coin. He's talking about sat price instead of market cap, he seems rather clueless.

Just following in your steps, I did have enough of a clue to know to dump Hiro at 4000, which was the correct call. However you seem to think the value depends on the number of coins you you can get mining. I hear you get a lot of coins mining Doge, maybe you should try that.

I think you have very limited knowledge of markets.

You say the price is 10x overvalued. Drop the price by 10x, it brings the market cap to about 30k. You are crazy and stupid if you think the totality of hiro is worth 30k. That's probably even less than what it costs in electricity to have mined the current coins lol

Also, you are saying you sold at 4000 sat. Good, so it either means you contradict yourself or are just trying to buy more for cheaper. If you held on till 4000 sat, I wonder where it fits with your mentality that it's worth 250 sat.

chesthing

legendary

Activity: 1414

Merit: 1000

Quote from: Vann on April 01, 2014, 12:09:33 PM

Quote from: chesthing on April 01, 2014, 11:56:05 AM

Quote from: matauc12 on April 01, 2014, 11:43:14 AM

Quote from: Vann on April 01, 2014, 11:37:19 AM

Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer (300M) and will soon switch to x11 as well.

so you think hiro is worth 30k market cap? Lol good trolling there.

I don't think he understands how to value a coin. He's talking about sat price instead of market cap, he seems rather clueless.

Just following in your steps, I did have enough of a clue to know to dump Hiro at 4000, which was the correct call. However you seem to think the value depends on the number of coins you you can get mining. I hear you get a lot of coins mining Doge, maybe you should try that.

The number of coins you can mine DOES matter when you think a coin is undervalued when you are mining them. And dumping Hiro at 4k? you fucked up dude, it went to 6k.
I think we will see 6k+ in the future - if I'm wrong no big deal, but one thing I'm pretty damn sure of is we won't see 3x current drk coin value anytime soon if ever. A doubling is a stretch. Coins like ltecoin and drkcoin that sit within a narrow range for a very long time are dead to me, no way to make any money on stability. Getting in early is key, otherwise I'm not interested. I do agree about Einstein, I'm buying that too.
Quick question for you - I bought 25k hiros in the 1200s yesterday and could double my btc today. When is the last time you could double your btc in 48 hours with dark? never mind, I already know the answer, a pretty fucking long time.

MaGNeT

legendary

Activity: 1526

Merit: 1002

Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na

Same thing that happened to Litecoin (scrypt) 12 months ago, when ASICs started taking over the Bitcoin network is now happening to Hirocoin (X11).

And we all know what happened to the value of LTC when more people pointed their GPU's at it, securing the blockchain with a still growing hashrate.

I predicted the price rise of LTC 12 months ago: https://bitcointalksearch.org/topic/ltc-price-will-go-up-in-2-3-months-dont-sell-now-youll-regret-it-160300
It's history repeating.

Why I predict this for Hirocoin and not for Darkcoin? The name. Darkcoin isn't a coin that will be accepted by many retailers, they don't want to be associated with a "dark and illegal" sounding currency.

Darkcoin is the ideal coin to buy illegal stuff, untraceable. Hirocoin will join Bitcoin and Litecoin on the road to main acceptation.

And X11 ASICs? They can be created but what factory would take the risk to do so at this moment?

Vann

hero member

Activity: 1036

Merit: 606

Quote from: chesthing on April 01, 2014, 11:56:05 AM

Quote from: matauc12 on April 01, 2014, 11:43:14 AM

Quote from: Vann on April 01, 2014, 11:37:19 AM

Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer (300M) and will soon switch to x11 as well.

so you think hiro is worth 30k market cap? Lol good trolling there.

I don't think he understands how to value a coin. He's talking about sat price instead of market cap, he seems rather clueless.

Just following in your steps, I did have enough of a clue to know to dump Hiro at 4000, which was the correct call. However you seem to think the value depends on the number of coins you you can get mining. I hear you get a lot of coins mining Doge, maybe you should try that.

chesthing

legendary

Activity: 1414

Merit: 1000

Quote from: matauc12 on April 01, 2014, 11:43:14 AM

Quote from: Vann on April 01, 2014, 11:37:19 AM

Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer (300M) and will soon switch to x11 as well.

so you think hiro is worth 30k market cap? Lol good trolling there.

I don't think he understands how to value a coin. He's talking about sat price instead of market cap, he seems rather clueless.

chesthing

legendary

Activity: 1414

Merit: 1000

Quote from: Vann on April 01, 2014, 11:37:19 AM

Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer (300M) and will soon switch to x11 as well.

Dark is pointless to mine, I got like 8 coins/day with 4 280x cards. If you are an early adopter good for you, but it's totally unattractive to me to buy or mine right now - It's reached it's top. Hiro on the other hand,

matauc12

hero member

Activity: 658

Merit: 500

Quote from: Vann on April 01, 2014, 11:37:19 AM

Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer (300M) and will soon switch to x11 as well.

so you think hiro is worth 30k market cap? Lol good trolling there.

precrime3

member

Activity: 84

Merit: 10

PM for journalist,typing,and data entry services.

Quote from: Vann on April 01, 2014, 11:37:19 AM

Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer and will soon switch to x11 as well.

I personally think HIRO can still go up in price, as I believe that this will be the coin that GPUminers will be mining IMO. That or vert.

Vann

hero member

Activity: 1036

Merit: 606

Hiro is already valued 10x more than what it should. There is a reason for DarkCoin's current valuation, namely innovation and scarcity. Hiro offers neither of those, compared to say EMC2 which is valued at 300 sat despite being scarcer (300M) and will soon switch to x11 as well.

chesthing

legendary

Activity: 1414

Merit: 1000

All it needs to do is be half the coin Drk currently is and we are talking 10x current value. 2600 on Mint, very possible pump today.

dboylc

full member

Activity: 153

Merit: 100

mine for future~

Quote from: roslinpl on April 01, 2014, 11:08:14 AM

Quote from: ngesot on April 01, 2014, 05:21:25 AM

Hello,,

hehe...

it's there any hope HIC rate increased?

xoxo

here is huge chance and big hope

HiroCoin is just like a brand new coin! it need some time to rise!

HIRO is a clean coin, shining coin with author's effort, unlike nowdays, so many shitcoins,scam IPO coins, 50% premine coins,internal mining coins(HVC),vampire coins(BC).

I believe it will be the next LTC.

roslinpl

legendary

Activity: 2212

Merit: 1199

Quote from: ngesot on April 01, 2014, 05:21:25 AM

Hello,,

hehe...

it's there any hope HIC rate increased?

xoxo

here is huge chance and big hope

HiroCoin is just like a brand new coin! it need some time to rise!

124C41

sr. member

Activity: 308

Merit: 250

EVERYTHING YOU CAN IMAGINE IS REAL

Thanks for the explanation HiroS

Quote from: HiroS on April 01, 2014, 04:03:27 AM

There still seems to be some confusion over the large miner over at ForkPool. That large miner that people thought was botnet is actually a small miner generating a large number of fake hashes. Misinformation spreads quick in crypto.

There is a known flaw in stratum that allows you to submit many more shares than you actually could mine. So you can mine with let's say 100KH but make it appear that you are mining with 10,000KH. They are not actually providing that amount of work and coins are not being mined faster.

What happens is that since the pool thinks that they are mining the lion's share that they deserve the majority of the coins that are actually mined. So you fake 95% of the pools hash power and get 95% of the coins mined when they were only putting in a very small share.

This is an old issue that has come back to life with pool operators using unpatched pool software. The issue has been raised in on GitHub and a an example of how to recreate the problem using a mining stratum proxy is in the link below.

https://github.com/Crypto-Expert/stratum-mining/issues/313

chesthing

legendary

Activity: 1414

Merit: 1000

All I know is this coin is surrounded by shitcoins on Crypto-Caps. Which of these things is not like the others?

Topic: [ANN][0.8.6] Hirocoin - X11 - NGW - Secured Blockchain - Time Warp Limitation - page 77. (Read 271700 times)