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Topic: [ANN][AC]AsiaCoin - Relaunch - page 205. (Read 401004 times)

legendary
Activity: 1120
Merit: 1000
April 28, 2014, 10:30:03 AM
What is this about AC multipool can someone explain how this work? I always thought multipools were bad for a coin??

in AC multipool you will be able to mining other coins
the pool operator will sell coins for BTC and then will purchase AC / in this way the price will rise /

On you will pay every day in AC

There are two important conditions for this to be successful
- Have large Power in the pool / the more people the better /
- Do not rush to sell


there will be a period in which the weak hands will sell coins on strong hands  Grin
hero member
Activity: 490
Merit: 500
April 28, 2014, 10:27:56 AM
What is this about AC multipool can someone explain how this work? I always thought multipools were bad for a coin??

They're bad during PoW because they mine loads of AC and then dump them. When that finishes, the Multipool mines other coins (most profitable) then buys AC with the BTC they get. This has an effect of more buyers for AC, therefore pushing up the price Smiley
sr. member
Activity: 370
Merit: 250
April 28, 2014, 10:22:07 AM
What is this about AC multipool can someone explain how this work? I always thought multipools were bad for a coin??
newbie
Activity: 33
Merit: 0
April 28, 2014, 10:02:34 AM
exchange have their own wallet but they mix all the coins they get into them so even if they were staking coins (which i m pretty sure they are not paying attention too much) you would not get the stakes and coin age would reset on any transaction.

So keeping thoses coin on a exchange: not a good a idea

But do I need to wait a year to get interest, or do I get some every month??
member
Activity: 98
Merit: 10
April 28, 2014, 09:57:32 AM
exchange have their own wallet but they mix all the coins they get into them so even if they were staking coins (which i m pretty sure they are not paying attention too much) you would not get the stakes and coin age would reset on any transaction.

So keeping thoses coin on a exchange: not a good a idea
hero member
Activity: 588
Merit: 500
Will Bitcoin Rise Again to $60,000?
April 28, 2014, 09:57:18 AM
hi everyone i just discovered this coin. looks great i am now mining it. also i'd love my 500 ac.thanks

+1 Cheesy

And can comeone explain me if this coins is going to have pos only stage?

Yes, after 2 weeks it's POS only and a multipool will back it up with mining.
newbie
Activity: 33
Merit: 0
April 28, 2014, 09:55:13 AM
ok so basically coins gets age every blocks and do not require your wallet to be open to get this age BUT you need to have your wallet open and unlocked (and synced of course) to be able to stake your coins

staking is the process of consuming the coin age (has to be more then 2 weks for asiacoin) and turning your block of coins into 2 smaller blocks which will have interests over it.

let s say i have 100 asiacoin and leave them into closed wallet for a month. i open my wallet and sync it, wait for them to stake. if they stake today (30 day coin age) this 100 coin block will split into two 53.5 coin blocks (on average, luck is involved as you compete with others on the network to get stakes)

the more coin you have the faster they stake.

So you can go on hollidays and sit on your AC they will still stake when you come back and sync your wallet
easy, efficient, .....ladies and gentleman :    POS

Do you need to have them in a wallet? or could I have them at a exchange?
sr. member
Activity: 301
Merit: 250
April 28, 2014, 09:52:54 AM
hi everyone i just discovered this coin. looks great i am now mining it. also i'd love my 500 ac.thanks

+1 Cheesy

And can comeone explain me if this coins is going to have pos only stage?
hero member
Activity: 588
Merit: 500
Will Bitcoin Rise Again to $60,000?
April 28, 2014, 09:50:13 AM
Finally some increase in price.Over 900 satoshi now.

Going no where but up now! Smiley
legendary
Activity: 1414
Merit: 1000
April 28, 2014, 09:44:45 AM
Finally some increase in price.Over 900 satoshi now.
hero member
Activity: 588
Merit: 500
Will Bitcoin Rise Again to $60,000?
April 28, 2014, 09:43:24 AM
ok so basically coins gets age every blocks and do not require your wallet to be open to get this age BUT you need to have your wallet open and unlocked (and synced of course) to be able to stake your coins

staking is the process of consuming the coin age (has to be more then 2 weks for asiacoin) and turning your block of coins into 2 smaller blocks which will have interests over it.

let s say i have 100 asiacoin and leave them into closed wallet for a month. i open my wallet and sync it, wait for them to stake. if they stake today (30 day coin age) this 100 coin block will split into two 53.5 coin blocks (on average, luck is involved as you compete with others on the network to get stakes)

the more coin you have the faster they stake.

So you can go on hollidays and sit on your AC they will still stake when you come back and sync your wallet
easy, efficient, .....ladies and gentleman :    POS
¨

Thanks, that cleared things up a bit. Smiley
legendary
Activity: 1120
Merit: 1000
April 28, 2014, 09:35:38 AM
Good Mining Pools
http://ac.dedicatedpool.com - 160 workers - Pool Hashrate: 260 MH/s
http://ac.pool.mn  - 340 workers - Pool Hashrate: 600 MH/s
hero member
Activity: 705
Merit: 500
April 28, 2014, 09:33:30 AM
the investors will have done the home work on AC and realise 600 was very cheap. i think this could level at 825 today and make steady gains tue wed and then hopefully and mini rocket wed night.  Grin Grin Grin

I really suspect this was just a pump and dump.. It went up so damn quickly and down even faster.
How can you say that if we are still going up?  Cheesy
Somneone just bought 10BTC around 900
newbie
Activity: 13
Merit: 0
April 28, 2014, 09:06:15 AM
the investors will have done the home work on AC and realise 600 was very cheap. i think this could level at 825 today and make steady gains tue wed and then hopefully and mini rocket wed night.  Grin Grin Grin

I really suspect this was just a pump and dump.. It went up so damn quickly and down even faster.
legendary
Activity: 1120
Merit: 1000
April 28, 2014, 08:53:47 AM
№48 - http://coinmarketcap.com/
48    AsiaCoin    $ 324,195    $ 0.002734    118,590,000 AC    $ 63,016
we have great opportunities to be in the top 15   
....^
UP |
45    AsiaCoin    $ 352,687    $ 0.002878    122,530,000 AC    $ 57,134    

Edit:
....^
UP |
43    AsiaCoin    $ 359,669    $ 0.002934    122,600,000 AC    $ 56,834    
....^
UP |
41.    AsiaCoin    $ 399,078    $ 0.003244    123,030,000 AC    $ 66,492

36.   AsiaCoin    $ 508,466    $ 0.004129    123,160,000 AC    $ 83,188    

If the get in top 10
will get into all possible news - TV, newspapers, interenet, forums, facebook, twiter ....

Will attract many new investors for this great coin with a very big name - AISA COIN - AC
best days are yet to come
 Grin
member
Activity: 75
Merit: 10
April 28, 2014, 08:49:49 AM
the investors will have done the home work on AC and realise 600 was very cheap. i think this could level at 825 today and make steady gains tue wed and then hopefully and mini rocket wed night.  Grin Grin Grin
legendary
Activity: 1120
Merit: 1000
April 28, 2014, 08:49:29 AM
№48 - http://coinmarketcap.com/
48    AsiaCoin    $ 324,195    $ 0.002734    118,590,000 AC    $ 63,016
we have great opportunities to be in the top 15   
....^
UP |
45    AsiaCoin    $ 352,687    $ 0.002878    122,530,000 AC    $ 57,134    

Edit:
....^
UP |
43    AsiaCoin    $ 359,669    $ 0.002934    122,600,000 AC    $ 56,834    
....^
UP |
41.    AsiaCoin    $ 399,078    $ 0.003244    123,030,000 AC    $ 66,492

Update:
36.   AsiaCoin    $ 508,466    $ 0.004129    123,160,000 AC    $ 83,188    
full member
Activity: 224
Merit: 100
April 28, 2014, 08:48:45 AM
to the moon!!!! up 45% today. let the journey begin. Grin Grin Grin Grin

Still time to buy in/mine before it's too late! Can't wait for Wednesday!
member
Activity: 98
Merit: 10
April 28, 2014, 08:45:42 AM
it s just back where it was 3 days ago, nothing to it yet. but yes rise might be seen shortly after pow ends
member
Activity: 75
Merit: 10
April 28, 2014, 08:39:24 AM
to the moon!!!! up 45% today. let the journey begin. Grin Grin Grin Grin
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