[ANN][1000 SYNC] Proof of Stake now run by BLOCKCHAIN DEVELOPMENT COMPANY - page 477.

cjp007

full member

Activity: 224

Merit: 100

Quote from: testadimerlo on May 22, 2014, 07:52:03 AM

What are your expectations when pos starts? I mean about the price. Because I m trying to understand why people dump in this moment

It's Multipool dumps going on.... perfect time to buy - IMO this will be worth at least 5BTC/1 SYNC in a few weeks...

testadimerlo

sr. member

Activity: 826

Merit: 263

What are your expectations when pos starts? I mean about the price. Because I m trying to understand why people dump in this moment

finist4x

legendary

Activity: 1696

Merit: 1016

I will accept payment in SYNCcoins for my electronic goods

Bluestreet

legendary

Activity: 988

Merit: 1000

Quote from: BEECoinfan on May 22, 2014, 05:42:46 AM

Quote from: stompix on May 22, 2014, 05:26:53 AM

Quote from: ?? on ??

Seriously. Anything under 1 BTC is truly cheap. This is the floor of the floor.

How long was this coin on mintpal? Only 1 day or so ? as i can't see a longer period graph
Also can somebody explain why the red line at the start ? from 3 to 0.x ?

As the price on bittrex was nowhere near that at the moment?
This thing looks interesting to buy in but this whole price thingy is a mess right now , or at least i see it like this.

1) 18 hours
2) Yes, 18 hours
3) Somebody bought something like 0.0001 sync at 3 btc the price then continued to fall as more people rushed to sell hence a decrease from 3 which is why they use a red line (Green when price is increasing)
4) Yes
5) Price on Bittrex is close to the price on mintpal at the moment (Bittrex 0.65 Mintpal 0.655)

That answers your questions in the order they appear, the whole price thing being a mess as you see it makes no sense as you ask a bunch of questions that show you have no idea of what your seeing. When a new coin hits an exchange people always try to sell at a very high price as they are the first to get their coins listed without competition, as more people get listed the price will find the mean.

As there is still new coins being mined, some miners will dump to recoup their cost.... The fun should start when it switches to full POS especially if that 240GH follows over to the multipool!

It will be interesting to see what happens here but noways in hell would I even pay 1 btc for 1 sync, I can see a few people sitting on 80% of the sync market once the POS starts.

Alpharisc

newbie

Activity: 47

Merit: 0

You guys have got to do some serious buying right now otherwise this party is going to be over before it starts. Buy support isn't going to remain if it keeps being dumped into, and let sells determine the price. This multipool window dressing right now. Get out there and start expanding your wads.

shimlbit

legendary

Activity: 1302

Merit: 1001

https://pool.trademybit.com/home/

ya but not only sync payout

tc61

hero member

Activity: 494

Merit: 500

Are there any x11 auto switching pools yet?

youngwebs

legendary

Activity: 1080

Merit: 1055

DEV of DeepOnion community pool

Quote from: tbearhere on May 22, 2014, 05:35:41 AM

Quote from: thc4me on May 22, 2014, 04:10:00 AM

Just sent 50MHs over to the X11 pool to try it out Grin

did it work?

x11 at multipool already around 200 MHS
send your hash please!

once we hit >750 MHs we will add darkcoin as well!

maccie

member

Activity: 98

Merit: 10

Developer multipoolmining.com

zmija

hero member

Activity: 676

Merit: 500

kopam

hero member

Activity: 518

Merit: 500

maccie

member

Activity: 98

Merit: 10

Developer multipoolmining.com

MineP.it

full member

Activity: 182

Merit: 100

Hi Syncers! Let's give a big push before POW ends!

MineP.it Sync Pool

Register now, if you haven't already done so, and ~~prepare your workers~~ start mining!

Stratum connection example:
stratum+tcp://sync.minep.it:3343 -u MinepitUsername.anything -p anything

MinePit Pools

0.75% fees across the board
Rock solid security and stability
One registration to access all our pools
Live coin prices (where available)
Auto payouts every minute (manual payouts too)
24/7 on-site chatbox
Super fast, powerful, scale-able servers
Unbeatable DDOS protection
Unique, custom interface and back-end infrastructure
Super fast compile times - we aim to be one of the first pools running at every launch

Join us now!

jiwany

member

Activity: 102

Merit: 10

I hope the server can handle that then!

Quote from: q327K091 on May 22, 2014, 05:50:53 AM

Quote from: BEECoinfan on May 22, 2014, 05:42:46 AM

Quote from: stompix on May 22, 2014, 05:26:53 AM

Quote from: ?? on ??

Seriously. Anything under 1 BTC is truly cheap. This is the floor of the floor.

How long was this coin on mintpal? Only 1 day or so ? as i can't see a longer period graph
Also can somebody explain why the red line at the start ? from 3 to 0.x ?

As the price on bittrex was nowhere near that at the moment?
This thing looks interesting to buy in but this whole price thingy is a mess right now , or at least i see it like this.

1) 18 hours
2) Yes, 18 hours
3) Somebody bought something like 0.0001 sync at 3 btc the price then continued to fall as more people rushed to sell hence a decrease from 3 which is why they use a red line (Green when price is increasing)
4) Yes
5) Price on Bittrex is close to the price on mintpal at the moment (Bittrex 0.65 Mintpal 0.655)

That answers your questions in the order they appear, the whole price thing being a mess as you see it makes no sense as you ask a bunch of questions that show you have no idea of what your seeing. When a new coin hits an exchange people always try to sell at a very high price as they are the first to get their coins listed without competition, as more people get listed the price will find the mean.

As there is still new coins being mined, some miners will dump to recoup their cost.... The fun should start when it switches to full POS especially if that 240GH follows over to the multipool!

I think SYNC is giving people new reason to purchase ASIC hardware to do just what you are predicting, I think 240GH will carry over and probably higher (due to new hardware coming online) we might reach (and exceed) 1 THS

Bit of madness all of this. but in many ways it is ground breaking.. also SYNC software development will be unleashed this will fuel price and activity like craaaaaazy

zmija

hero member

Activity: 676

Merit: 500

kopam

hero member

Activity: 518

Merit: 500

Quote from: manav1112 on May 22, 2014, 06:08:21 AM

Well obviously someone just dumped as soon as my order to buy at 65 went the price dropped to 60

just about 18h till POW ends

manav1112

sr. member

Activity: 298

Merit: 250

Well obviously someone just dumped as soon as my order to buy at 65 went the price dropped to 60

tbearhere

legendary

Activity: 3164

Merit: 1003

Quote from: BEECoinfan on May 22, 2014, 05:58:49 AM

Quote from: tbearhere on May 22, 2014, 05:52:27 AM

you mean ... Somebody bought something like 0.0001 sync at 3 btc ......that is good right?

The price is 3btc per sync so the order that executed means they get 0.0001Sync for 0.0003btc

in order for it to be 0.0001 Sync to 3 btc the price would have to be 3000btc

ok i see now thanks

BEECoinfan

sr. member

Activity: 308

Merit: 250

Quote from: tbearhere on May 22, 2014, 05:52:27 AM

you mean ... Somebody bought something like 0.0001 sync at 3 btc ......that is good right?

The price is 3btc per sync so the order that executed means they get 0.0001Sync for 0.0003btc

in order for it to be 0.0001 Sync for 3 btc the price would have to be 3000btc

tbearhere

legendary

Activity: 3164

Merit: 1003

Quote from: q327K091 on May 22, 2014, 05:53:47 AM

Quote from: tbearhere on May 22, 2014, 05:52:27 AM

you mean ... Somebody bought something like 0.0001 sync at 3 btc ......that is good right?

somebody bought it at a cheap Cool

but .0001 sync at 3 btc is like 1 sync at 10,000 btc right?

Topic: [ANN][1000 SYNC] Proof of Stake now run by BLOCKCHAIN DEVELOPMENT COMPANY - page 477. (Read 816010 times)