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Topic: [ANN][1000 SYNC] Proof of Stake now run by BLOCKCHAIN DEVELOPMENT COMPANY - page 478. (Read 816010 times)

legendary
Activity: 3164
Merit: 1003
legendary
Activity: 1792
Merit: 1010
you mean ... Somebody bought something like 0.0001 sync at 3 btc ......that is good right?

somebody bought it at a cheap  Cool

I might sound a bit controversial but bitcoin development has stagnated it is frozen in place. SYNC will lead a way to new generation of innovation
legendary
Activity: 3164
Merit: 1003
you mean ... Somebody bought something like 0.0001 sync at 3 btc ......that is good right?
legendary
Activity: 1792
Merit: 1010

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
hero member
Activity: 700
Merit: 500
newbie
Activity: 47
Merit: 0

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.

It's only been listed for a few hours. The red line at the start is just some garbage when they first list currencies. Somebody probably put in a pre-emtive bid for a tiny volume at a 3btc price straight after the listing came online and before the asks filled up. It happens a lot. I've seen smartasses putting in bids for "1337." It's just the market equivalent of 'first post!"
sr. member
Activity: 308
Merit: 250

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!
legendary
Activity: 3164
Merit: 1003
betarigs  scammers over there be careful what you rent like from @ HristoGB @
legendary
Activity: 3164
Merit: 1003
Just sent 50MHs over to the X11 pool to try it out Grin

did it work?
legendary
Activity: 2912
Merit: 6403
Blackjack.fun

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.
member
Activity: 93
Merit: 10
Just sent 50MHs over to the X11 pool to try it out Grin
full member
Activity: 210
Merit: 100
http://explorer.synclub.net/toprich

Looks like top 25 or so addresses, of which several are exchanges, only have about 30% of the coins.
Top 100 is only a little more than 30%.

That is really good distribution.
That means people are more likely to hold on to coins for longer.



+1 i think it would be widely dispersed given the hash rate
i would say the mining pools have the large amounts, rather than exchanges?
hero member
Activity: 602
Merit: 500
Already at X11 on multipool! Cheesy
legendary
Activity: 1080
Merit: 1055
DEV of DeepOnion community pool
Tired of mining at such high diff?

There is now a new method of mining: The Official SYNC multi-pool
Increase your payouts per MH by mining in the SYNC multi-pool.

You will be mining many different SCRYPT! alt-coins (other algo's which we will trade on various exchanges. We will buy from the revenues SYNC coins back on the exchanges.
This will give even higher value to your already mined coins!

All you need is a VALID Sync wallet address!

Multipoolmining gives you the advantages that more hash-rate means more SYNC coins paid out, instead of just a higher diff and less coins...

You can join our site now at http://multipoolmining.com or when you are already familiar with multipoolmining you can go straight to the SYNC pages at http://sync.multipoolmining.com

Some important figures:
  • Mining with just your SYNC wallet address.
  • Mining at low diff.
  • Push SYNC price even higher on exchanges.
  • Mine always the most profitable coin around.
  • Global Stats.
  • Personal miner stats.
  • Payments straight to your SYNC wallet.

Multipoomining.com gives you
  • Solid cloud based servers on fast SSD discs.
  • DDOS protection on website AND stratum servers (Layer 3, 4, and 7 Protection).
  • Experienced devs.
  • High tech node.js platform.
  • IRC support channel: #multipoolmining
  • Payouts at least every 48 hours, interval is relative lont to achieve best trades for you!
  • 2% fee, to cover trade & server costs.

Hope to see you around soon at http://multipoolmining.com

Your official Sync Multi-pool DEV team,

NOW with X11 support!!!!
stratum+tcp://stratum.multipoolmining.com:5555

Maccie & Youngwebs
hero member
Activity: 518
Merit: 500
I dont know if it will happen tomorrow, actually i think it will take some time as more people need to get in the coin before we can start taking off.
But with the multipool, the dev working all the time and with such great community even 4-5btc/syn is something reasonable.
When the multipool starts x11 i am pretty sure a lot of happy miners will point rigs this way so we will see some serious movement there.
Buy and HOLD, you cant make a mistake with this one. This will be some fancy, luxury coin to hold Smiley
full member
Activity: 196
Merit: 100
Sync going to the mars ! 2-3 btc tomorrow !
sr. member
Activity: 308
Merit: 250

Used to only need .5 Sync to get into the top 100 now you need 1.5 Lol  

Sync club!

also seeing a nice spread of the wealth at the top end... distribution is key at this stage.

Ya, Great to see, a fair distribution will make sure Sync is a success!
legendary
Activity: 1080
Merit: 1055
DEV of DeepOnion community pool
Any Multipool updates?


X11 available within the hour!!

SYNC go go go!
sr. member
Activity: 434
Merit: 250
X11 active at the multipool?

what URL to mine to?
sr. member
Activity: 333
Merit: 250
logo is so nice and cool. I will buy some and waiting for it's price up
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