[ANN][1000 SYNC] Proof of Stake now run by BLOCKCHAIN DEVELOPMENT COMPANY - page 500.

tom14cat14

hero member

Activity: 826

Merit: 500

Quote from: ?? on ??

I think the multipool should have been X11 from the start and then go scrypt when PoW is over. It is too hot for me to mine scrypt right now, and X11 is the point of Sync. Now I'm thinking I might have to get one of these nice asics to do scrypt this summer for the multipool http://affiliate.gawminers.com//idevaffiliate.php?id=105 Then when winter comes I switch my rigs back to Scrypt-N to heat the house

It makes sense this way. They want you to mine the coin if you can right now so we keep it out of the multi pools hands. Then you can keep mining it at the multi pool once POW is over. I have switched to only x11 coins also because of the heat for summer.

Kreativekrypto

full member

Activity: 196

Merit: 100

MsCollec, the avatar on your account is what the earth is going to look like once PoW is over and we are in the Sync rocket waving to the rest of the crypto community Grin

MsCollec

legendary

Activity: 1400

Merit: 1000

Can we break 42 coin record

42 Coin
Only '42 Coins' ever to be mined. How many 42 will you hold?
Highest Priced Crypto Coin - 12X Faster Than Bitcoin - Worth 100X More Than Bitcoin

I thought it was 12 Cheesy

tom14cat14

hero member

Activity: 826

Merit: 500

Quote from: BEECoinfan on May 20, 2014, 11:05:23 PM

Quote from: BEECoinfan on May 20, 2014, 01:35:32 PM

Quote from: johntseng on May 20, 2014, 11:18:02 AM

a simple calculation..

multipool usually pays ~0.0035/Mh/Day
the official multipool has around 150Mh
that will be 0.525BTC
which can buy out all sell order in bittrex(it doesn't show all)
or buy up to 0.57 at poloniex.....
buy while it still cheap
after the multipool start to buy, the price should be stand above 0.5 easily
which is a 25% up from the current price(0.4)

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!

Either this got lost before anybody could see it or nobody was interested. What do you guys think of this idea? Huh

I am not a fan. The multi pool will be enough to stabilize the price. The mining is almost done and that will remove a lot of the downward pressure.

Cohle

full member

Activity: 196

Merit: 100

Just gonna leave this here for posterity -

MsCollec

legendary

Activity: 1400

Merit: 1000

Quote from: BEECoinfan on May 20, 2014, 11:05:23 PM

Quote from: BEECoinfan on May 20, 2014, 01:35:32 PM

Quote from: johntseng on May 20, 2014, 11:18:02 AM

a simple calculation..

multipool usually pays ~0.0035/Mh/Day
the official multipool has around 150Mh
that will be 0.525BTC
which can buy out all sell order in bittrex(it doesn't show all)
or buy up to 0.57 at poloniex.....
buy while it still cheap
after the multipool start to buy, the price should be stand above 0.5 easily
which is a 25% up from the current price(0.4)

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!

Either this got lost before anybody could see it or nobody was interested. What do you guys think of this idea? Huh

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

MsCollec

legendary

Activity: 1400

Merit: 1000

Quote from: powersup on May 20, 2014, 11:05:56 PM

We need multipool to buy more sync before price rise?? are they still awake?

No, Europe timezone

powersup

sr. member

Activity: 406

Merit: 250

We need multipool to buy more sync before price rise?? are they still awake?

BEECoinfan

sr. member

Activity: 308

Merit: 250

Quote from: BEECoinfan on May 20, 2014, 01:35:32 PM

Quote from: johntseng on May 20, 2014, 11:18:02 AM

a simple calculation..

multipool usually pays ~0.0035/Mh/Day
the official multipool has around 150Mh
that will be 0.525BTC
which can buy out all sell order in bittrex(it doesn't show all)
or buy up to 0.57 at poloniex.....
buy while it still cheap
after the multipool start to buy, the price should be stand above 0.5 easily
which is a 25% up from the current price(0.4)

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!

Either this got lost before anybody could see it or nobody was interested. What do you guys think of this idea? Huh

MsCollec

legendary

Activity: 1400

Merit: 1000

Quote from: tom14cat14 on May 20, 2014, 11:02:40 PM

I am very tempted to buy more BTC and buy more SYNC at these low prices. I need to push into the top ten on the list. I dont want just a top 15 probably soon to only be top 20.

We gonna get raped by multi-pool maybe over 300 GHs

tom14cat14

hero member

Activity: 826

Merit: 500

I am very tempted to buy more BTC and buy more SYNC at these low prices. I need to push into the top ten on the list. I dont want just a top 15 probably soon to only be top 20.

tom14cat14

hero member

Activity: 826

Merit: 500

Quote from: powersup on May 20, 2014, 10:58:10 PM

Quote from: tom14cat14 on May 20, 2014, 10:56:49 PM

Quote from: MsCollec on May 20, 2014, 10:49:48 PM

You can now find SYNC at http://coinmarketcap.com/

Great news. Cant wait to see it in the top 10

I'm expecting it to sit somewhere between Darkcoin and Blackcoin Wink

I am not sure if it is true but a guy on litecointalk is saying that darkcoins developer insta mined 2 million coins. If this is true I think SYNC will eventually pass it up.

MsCollec

legendary

Activity: 1400

Merit: 1000

Quote from: Kreativekrypto on May 20, 2014, 10:55:17 PM

Quote from: MsCollec on May 20, 2014, 10:49:48 PM

You can now find SYNC at http://coinmarketcap.com/

Awesome news, you know why Sync will rule the low coin count alts? Distribution is fair, and for all intents and purposes we won't have to worry about miners dumping prices very shortly. This coin can easily hit 3-10btc per coin, unlike others its about to be mined out:)

The community is strong and everyone is in for the long term profit.

tom14cat14

hero member

Activity: 826

Merit: 500

Quote from: Kreativekrypto on May 20, 2014, 10:55:17 PM

Quote from: MsCollec on May 20, 2014, 10:49:48 PM

You can now find SYNC at http://coinmarketcap.com/

Awesome news, you know why Sync will rule the low coin count alts? Distribution is fair, and for all intents and purposes we won't have to worry about miners dumping prices very shortly. This coin can easily hit 3-10btc per coin, unlike others its about to be mined out:)

I think this coin could get higher then that!! Shocked

powersup

sr. member

Activity: 406

Merit: 250

Quote from: tom14cat14 on May 20, 2014, 10:56:49 PM

Quote from: MsCollec on May 20, 2014, 10:49:48 PM

You can now find SYNC at http://coinmarketcap.com/

Great news. Cant wait to see it in the top 10

I'm expecting it to sit somewhere between Darkcoin and Blackcoin Wink

tom14cat14

hero member

Activity: 826

Merit: 500

Quote from: MsCollec on May 20, 2014, 10:49:48 PM

You can now find SYNC at http://coinmarketcap.com/

Great news. Cant wait to see it in the top 10

Kreativekrypto

full member

Activity: 196

Merit: 100

Quote from: MsCollec on May 20, 2014, 10:49:48 PM

You can now find SYNC at http://coinmarketcap.com/

Awesome news, you know why Sync will rule the low coin count alts? Distribution is fair, and for all intents and purposes we won't have to worry about miners dumping prices very shortly. This coin can easily hit 3-10btc per coin, unlike others its about to be mined out:)

Edit: I hate to point this out but...pumping this coin to the moon will be ridiculously easy with the multipool/low coin count combo once PoW is over.

johntseng

member

Activity: 84

Merit: 10

just wondering..
this coin is called "Sync" or "Sync Coin / SyncCoin"?

powersup

sr. member

Activity: 406

Merit: 250

Quote from: MsCollec on May 20, 2014, 10:49:48 PM

You can now find SYNC at http://coinmarketcap.com/

Nice, but the logo looks like the Syncoin logo? Maybe someone should let then know.

MsCollec

legendary

Activity: 1400

Merit: 1000

Quote from: johntseng on May 20, 2014, 10:51:08 PM

Quote from: MsCollec on May 20, 2014, 10:49:48 PM

You can now find SYNC at http://coinmarketcap.com/

ask them to add poloniex

I will pm Gliss, i guess i left that out in the request Tongue

Topic: [ANN][1000 SYNC] Proof of Stake now run by BLOCKCHAIN DEVELOPMENT COMPANY - page 500. (Read 816010 times)