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Topic: [ANN][1000 SYNC] Proof of Stake now run by BLOCKCHAIN DEVELOPMENT COMPANY - page 497. (Read 816010 times)

sr. member
Activity: 462
Merit: 250
Cant wait for POW to end.

Buying as many coins as i can. Scarcity is going to cause a large price hike!

STAKE THOSE SYNC!
sr. member
Activity: 308
Merit: 250

Not sure how others feel about this idea but I think they would be up for it!

What if out of that you added a 1% "fee" that acted as a stabilizer, ex 0.525BTC x 0.01 = 0.00525
0.00525 / 1000 (total number of Sync) = 0.00000525 Sats as the first day floor (If everybody wanted to sell everything after 1st day of POW ending that would be a minimum price)
Next day if it was the same amount of btc was made the order would be bumped up to 0.00001050 and so on and so on to create a rising floor that would forever preserve the value of SYNC.  As it has such a tiny mintage this could be done relatively quickly and would ensure are beloved Sync truly acts as a store of value, benefiting not just the miners but everybody in the community!

I tried to read it like twice but cant understand, i will get back to it in the morning.

Hehe, I will try to explain it simpler lol
However much btc the pool collects it saves 1% or sends it to a trusted member/source/foundation as a price "safety net"
So for example if the multipools buy has 0.525 Btc to buy sync to distribute it sets aside 0.00525 for the safety net
Day 1) Set buy order at 0.00000525 btc as 1000 Sync at that price = 0.00525
Day 2) Set buy order at 0.00001050 btc
Day 3) set buy order at 0.00001575 btc
Day 4) set buy order at 0.00002100 btc

Now if Syncs multipool collected what the BC multipool did then it could have 10 btc a day; at 1% that still 0.1btc divide by 1000 sync
Day 1) Set buy order at 0.0001 btc
Day 2) Set buy order at 0.0002 btc
Day 3) Set buy order at 0.0003 btc
Day 365) set buy order at 0.0365 btc  (So basicly in this model after 1 year the price would be guaranteed to never fall under 0.0365 as the safety net could buy every coin in circulation.)

it adds up over time and gives people the psychological feeling of safety as they know their investment will never fall to zero!
legendary
Activity: 1204
Merit: 1000
2 to 3 stable, maybe 6 or 7 it peaks
cheaper to buy then mine right now, IMHO
sold some shit and bought SYNC Smiley
bought 1/2 and mined 1/2

0.6 SYNC so I won't be buying a Tesla not matter what it peaks at Sad

Its also not that easy if nothing happens with that coin no future plan etc, then the coin will just get lower and lower.
Investors should see the future in this crypto so they keep it.

member
Activity: 84
Merit: 10
2 to 3 stable, maybe 6 or 7 it peaks
cheaper to buy then mine right now, IMHO
sold some shit and bought SYNC Smiley
bought 1/2 and mined 1/2

0.6 SYNC so I won't be buying a Tesla no matter what it peaks at Sad
full member
Activity: 154
Merit: 100
you guys think sync will hit 10 btc Huh Grin after pow

More like 50-75 btc  Wink

If that ever happens I will buy a Teslacar with all my Sync Cool


oo I hope so.
legendary
Activity: 3164
Merit: 1003
you guys think sync will hit 10 btc Huh Grin after pow

More like 50-75 btc  Wink

im not kiddin mate..im serious?
what you think? how high it wil go Cheesy
if it hit 50 ill kill myself with weed Cheesy but i think its impossible
my opinion : i think it starts with 4 and ends near 10 after pow
long terms : who knows

I'm sure that we can easily go above 1 btc as soon as the PoW is over. Monero is out of the picture now and Sync is the main focus for traders  Wink

1 btc is really nothing for coin with this limitation in quanity.
it must go to 5 btc at least to make it uniq and profitable

i think 100 to 300 btc per sync   Grin
legendary
Activity: 1400
Merit: 1000
you guys think sync will hit 10 btc Huh Grin after pow

More like 50-75 btc  Wink

im not kiddin mate..im serious?
what you think? how high it wil go Cheesy
if it hit 50 ill kill myself with weed Cheesy but i think its impossible
my opinion : i think it starts with 4 and ends near 10 after pow
long terms : who knows

I'm sure that we can easily go above 1 btc as soon as the PoW is over. Monero is out of the picture now and Sync is the main focus for traders  Wink

1 btc is really nothing for coin with this limitation in quanity.
it must go to 5 btc at least to make it uniq and profitable

Yes
legendary
Activity: 3164
Merit: 1003
sr. member
Activity: 560
Merit: 250
you guys think sync will hit 10 btc Huh Grin after pow

More like 50-75 btc  Wink

im not kiddin mate..im serious?
what you think? how high it wil go Cheesy
if it hit 50 ill kill myself with weed Cheesy but i think its impossible
my opinion : i think it starts with 4 and ends near 10 after pow
long terms : who knows

I'm sure that we can easily go above 1 btc as soon as the PoW is over. Monero is out of the picture now and Sync is the main focus for traders  Wink

1 btc is really nothing for coin with this limitation in quanity.
it must go to 5 btc at least to make it uniq and profitable
sr. member
Activity: 311
Merit: 250
http://sync.v2.dedicatedpool.com/

Every hpra is falling out, right now this outside so it is difficult to
legendary
Activity: 1400
Merit: 1000
you guys think sync will hit 10 btc Huh Grin after pow

More like 50-75 btc  Wink

im not kiddin mate..im serious?
what you think? how high it wil go Cheesy
if it hit 50 ill kill myself with weed Cheesy but i think its impossible
my opinion : i think it starts with 4 and ends near 10 after pow
long terms : who knows

I'm sure that we can easily go above 1 btc as soon as the PoW is over. Monero is out of the picture now and Sync is the main focus for traders  Wink
legendary
Activity: 1400
Merit: 1000
SYNC the ultimate coin for_______
sr. member
Activity: 560
Merit: 250
you guys think sync will hit 10 btc Huh Grin after pow

More like 50-75 btc  Wink

im not kiddin mate..im serious?
what you think? how high it wil go Cheesy
if it hit 50 ill kill myself with weed Cheesy but i think its impossible
my opinion : i think it starts with 4 and ends near 10 after pow
long terms : who knows
sr. member
Activity: 420
Merit: 250
you guys think sync will hit 10 btc Huh Grin after pow

More like 50-75 btc  Wink

If that ever happens I will buy a Teslacar with all my Sync Cool

full member
Activity: 224
Merit: 100
you guys think sync will hit 10 btc Huh Grin after pow

More like 50-75 btc  Wink
sr. member
Activity: 434
Merit: 250
you guys think sync will hit 10 btc Huh Grin after pow

possibly in 235 years.  Roll Eyes just kidding.
I think the strength of the community behind a coin means a lot, and there is every possibility the value of SYNC will be realised in not such a long time after PoW ends. However, I'm beginning to look at SYNC as an investment which can be nurtured long term. If it hits 6BTC, 7, 8... it's all a good value for staked coins. here's to the future!
sr. member
Activity: 560
Merit: 250
you guys think sync will hit 10 btc Huh Grin after pow
sr. member
Activity: 308
Merit: 250
Why all these questions?  Are you looking to clone SYNC  Tongue

Maybe working with liberty lol,  I asked in there thread if their Alias address was the same as Syncs encrypted but nobody has responded so far, and that they are 45% of the way done to being as they quote "the first POS with anonymity"
Never seen so much smiling faces on an altcoin thread.

BTW, update about Anon:

http://pastebin.com/7ENGxK6k


Quote

6. Ok, so we are currently fighting an issue or two with the wallet. But once we get it back up...


7. it will return the alias address.


8. Once we have that, we will send coins to that address.


9. We can than read our wallets transactions and code the sending part


10. So to sum it up, about 45% complete. Then we enter testing like madmen

So if they are adding alias address, is this similar or the same as Sync's Encrypted address or something completely different?  Is that the only feature of the "Anon" they are adding or just one of them?  Thanks
full member
Activity: 126
Merit: 100
Hey developers....

what type of algorithm is used for encrypted wallet addresses in block explorer ?

Zerocoin extention


OK, and can be adresses some way decrypted, with this algortihm ?

Yes by removing the code.

Cheesy Cheesy  is there some reputable professional developer , please ?

Why all these questions?  Are you looking to clone SYNC  Tongue

I'm surprised we don't have a SYNC clone already tbh. But just to be different, let's make it 2000 coins instead, yeah that's different enough...
legendary
Activity: 1400
Merit: 1000
Hey developers....

what type of algorithm is used for encrypted wallet addresses in block explorer ?

Zerocoin extention


OK, and can be adresses some way decrypted, with this algortihm ?

Yes by removing the code.

Cheesy Cheesy  is there some reputable professional developer , please ?

Why all these questions?  Are you looking to clone SYNC  Tongue
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