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Topic: [ANN][AC]AsiaCoin - Relaunch - page 277. (Read 401188 times)

sr. member
Activity: 462
Merit: 250
April 20, 2014, 08:26:38 AM
Keep voting were doing great.
full member
Activity: 207
Merit: 100
April 20, 2014, 08:21:25 AM
It's always the first coin that catches the communities imagination that wins and any copycats rarely manage to replicate a quarter of the same success.

I think the success of BlackCoin proves that copycats can enjoy success?

Was you around when these waves of coins were released?

- We saw this with DOGE coin and coins trying to be memes
- We saw this with the IPO wave of coins
- Then we had a wave of "country" coins

It's extremely obvious the same thing is now happening with 100% POS coins after the continued success of Blackcoin. Btw Asiacoin is one of the bext clones IMO. But I would still be extremely wary of investing. I've made a LOT out of blackcoin and could easily put 5% of my profits into one of these many clones but I see only the same thing happening as with the previous "waves" of copycats I list above.

Best case scenario is they make *some* profit but nowhere near the same as Blackcoin. Worse case scenario is all these coins get drowned out in the sea of new POS stakes and crash and burn after the initial hype. Since we've seen the worst case scenario play out three times already on the past few "coins of the month", I see the same happening again.

I think you missed the point - BlackCoin itself was a low grade copycat. You seem to keep glossing over that fact.
hero member
Activity: 525
Merit: 500
April 20, 2014, 08:14:32 AM
Vote on Mintpal Every Hour!!! its going up fast.
sr. member
Activity: 462
Merit: 250
April 20, 2014, 08:01:17 AM
Lets get some more buy-pressure. Keep spreading the word.
sr. member
Activity: 252
Merit: 250
April 20, 2014, 07:57:57 AM
If you want to read something that makes sense read below. The problem Asiacoin faces is that after the massive continued success of Blackcoin there is a flood of POS coins on the market.

FAC, COMM, WC, AC, others... and MINT and FLT.

All promising to be the "next blackcoin". The boat has gone. Within a week there will be half a dozen more clones flooded onto the market.

It's always the first coin that catches the communities imagination that wins and any copycats rarely manage to replicate a quarter of the same success. It wouldn't make sense if all those coins I listed broke into the top 10 coinmarketcaps. Most are premined with coins for the dev anyway, which is death sentence for long term growth.

You'll notice a pattern in this community, a new coin comes along that gets success and then a flood of clones try to cash in on it.

- We saw this with DOGE coin and coins trying to be memes
- We saw this with the IPO wave of coins
- Then we had a wave of "country" coins
- Now the new flavour of the month is 100% POS coins

I honestly think a lot of people are going to get burned if they don't do their research. Either, pick the market leader (for 100% pos it's blackcoin, for meme coins its doge etc) or wait until the next new thing comes along and invest in that. Problem is the next new thing is risky, so you have to be willing to slap your bitcoins down on a coin that is very different and could easily fail.

I thought blackcoin only had 2% proof of stake in first year and defo not 100% stake first year.... asiacoin is only continental coin out there, and is only 100% proof of stake ive seen with few exceptions... or am i wrong?

you have very good points though thanks for sharing

Blackcoin is 100% proof of stake (and about 5-6 clones have sprung up in the last week). The rate of interest is 1%. Low rate of interest is a good thing btw. Look at MINT with it's 20% rate of interest. If you woke up tomorrow and found your wallet had increased by 20% most people would cash some of that free money in for profit... I know I would. Which is downwards pressure on the price.

"Asia" is just a name. By country coins I meant the coins like Aurura which "air dropped" all the coins to all the people in the country. Asiacoin isn't an air drop coin.

I wish everyone here the best.

i see yes less stake interest is more stable, and i fully see where you are coming from

thanks dude
legendary
Activity: 1344
Merit: 1001
April 20, 2014, 07:41:44 AM
If you want to read something that makes sense read below. The problem Asiacoin faces is that after the massive continued success of Blackcoin there is a flood of POS coins on the market.

FAC, COMM, WC, AC, others... and MINT and FLT.

All promising to be the "next blackcoin". The boat has gone. Within a week there will be half a dozen more clones flooded onto the market.

It's always the first coin that catches the communities imagination that wins and any copycats rarely manage to replicate a quarter of the same success. It wouldn't make sense if all those coins I listed broke into the top 10 coinmarketcaps. Most are premined with coins for the dev anyway, which is death sentence for long term growth.

You'll notice a pattern in this community, a new coin comes along that gets success and then a flood of clones try to cash in on it.

- We saw this with DOGE coin and coins trying to be memes
- We saw this with the IPO wave of coins
- Then we had a wave of "country" coins
- Now the new flavour of the month is 100% POS coins

I honestly think a lot of people are going to get burned if they don't do their research. Either, pick the market leader (for 100% pos it's blackcoin, for meme coins its doge etc) or wait until the next new thing comes along and invest in that. Problem is the next new thing is risky, so you have to be willing to slap your bitcoins down on a coin that is very different and could easily fail.

I thought blackcoin only had 2% proof of stake in first year and defo not 100% stake first year.... asiacoin is only continental coin out there, and is only 100% proof of stake ive seen with few exceptions... or am i wrong?

you have very good points though thanks for sharing

Blackcoin is 100% proof of stake (and about 5-6 clones have sprung up in the last week). The rate of interest is 1%. Low rate of interest is a good thing btw. Look at MINT with it's 20% rate of interest. If you woke up tomorrow and found your wallet had increased by 20% most people would cash some of that free money in for profit... I know I would. Which is downwards pressure on the price.

"Asia" is just a name. By country coins I meant the coins like Aurura which "air dropped" all the coins to all the people in the country. Asiacoin isn't an air drop coin.

I wish everyone here the best.
sr. member
Activity: 252
Merit: 250
April 20, 2014, 07:30:55 AM
If you want to read something that makes sense read below. The problem Asiacoin faces is that after the massive continued success of Blackcoin there is a flood of POS coins on the market.

FAC, COMM, WC, AC, others... and MINT and FLT.

All promising to be the "next blackcoin". The boat has gone. Within a week there will be half a dozen more clones flooded onto the market.

It's always the first coin that catches the communities imagination that wins and any copycats rarely manage to replicate a quarter of the same success. It wouldn't make sense if all those coins I listed broke into the top 10 coinmarketcaps. Most are premined with coins for the dev anyway, which is death sentence for long term growth.

You'll notice a pattern in this community, a new coin comes along that gets success and then a flood of clones try to cash in on it.

- We saw this with DOGE coin and coins trying to be memes
- We saw this with the IPO wave of coins
- Then we had a wave of "country" coins
- Now the new flavour of the month is 100% POS coins

I honestly think a lot of people are going to get burned if they don't do their research. Either, pick the market leader (for 100% pos it's blackcoin, for meme coins its doge etc) or wait until the next new thing comes along and invest in that. Problem is the next new thing is risky, so you have to be willing to slap your bitcoins down on a coin that is very different and could easily fail.

I thought blackcoin only had 2% proof of stake in first year and defo not 100% stake first year.... asiacoin is only continental coin out there, and is only 100% proof of stake ive seen with few exceptions... or am i wrong?

you have very good points though thanks for sharing


sr. member
Activity: 462
Merit: 250
April 20, 2014, 07:27:27 AM
https://bitcointalksearch.org/topic/asiacoin-next-mintpal-coin-577640 Come post and show your support.


PS Go look at guy above me previous posts

https://bitcointalksearch.org/user/mrrandom-82915 All he does is bash everycoin except blackcoin (what a loser blackcoin fan boy)
legendary
Activity: 1344
Merit: 1001
April 20, 2014, 07:25:24 AM
It's always the first coin that catches the communities imagination that wins and any copycats rarely manage to replicate a quarter of the same success.

I think the success of BlackCoin proves that copycats can enjoy success?

Was you around when these waves of coins were released?

- We saw this with DOGE coin and coins trying to be memes
- We saw this with the IPO wave of coins
- Then we had a wave of "country" coins

It's extremely obvious the same thing is now happening with 100% POS coins after the continued success of Blackcoin. Btw Asiacoin is one of the bext clones IMO. But I would still be extremely wary of investing. I've made a LOT out of blackcoin and could easily put 5% of my profits into one of these many clones but I see only the same thing happening as with the previous "waves" of copycats I list above.

Best case scenario is they make *some* profit but nowhere near the same as Blackcoin. Worse case scenario is all these coins get drowned out in the sea of new POS stakes and crash and burn after the initial hype. Since we've seen the worst case scenario play out three times already on the past few "coins of the month", I see the same happening again.
full member
Activity: 168
Merit: 100
April 20, 2014, 07:21:34 AM
****Notice: this coin has no IPO, no Premin, please consider to donate some AC or BTC to support the Dev team.****





  • Please donate to further developement and promotion
  • BTC:1EgsXZzaPxiiMZAAGbrwguycCkHbUA6Upc
  • AC:AJ4YYhPBYKVt3ksuMs5RQdKvnZyopgkG6j

 
sr. member
Activity: 462
Merit: 250
April 20, 2014, 07:20:43 AM
It's always the first coin that catches the communities imagination that wins and any copycats rarely manage to replicate a quarter of the same success.

I think the success of BlackCoin proves that copycats can enjoy success?

He wants to think only his coin can succeed.
full member
Activity: 207
Merit: 100
April 20, 2014, 07:18:12 AM
It's always the first coin that catches the communities imagination that wins and any copycats rarely manage to replicate a quarter of the same success.

I think the success of BlackCoin proves that copycats can enjoy success?
sr. member
Activity: 462
Merit: 250
April 20, 2014, 07:17:21 AM
Vote on Mintpal Every Hour!!! its going up fast.

Have been and will continue to.
+1

I see new people who want to bring down the price
just tell them - Hello

Yeah. Screw them. Just jealous.
legendary
Activity: 1120
Merit: 1000
April 20, 2014, 07:12:07 AM
Vote on Mintpal Every Hour!!! its going up fast.

Have been and will continue to.
+1

I see new people who want to bring down the price
just tell them - Hello
sr. member
Activity: 462
Merit: 250
April 20, 2014, 07:08:32 AM
Vote on Mintpal Every Hour!!! its going up fast.

Have been and will continue to.
legendary
Activity: 1344
Merit: 1001
April 20, 2014, 07:08:04 AM
If you want to read something that makes sense read below. The problem Asiacoin faces is that after the massive continued success of Blackcoin there is a flood of POS coins on the market.

FAC, COMM, WC, AC, others... and MINT and FLT.

All promising to be the "next blackcoin". The boat has gone. Within a week there will be half a dozen more clones flooded onto the market.

It's always the first coin that catches the communities imagination that wins and any copycats rarely manage to replicate a quarter of the same success. It wouldn't make sense if all those coins I listed broke into the top 10 coinmarketcaps. Most are premined with coins for the dev anyway, which is death sentence for long term growth.

You'll notice a pattern in this community, a new coin comes along that gets success and then a flood of clones try to cash in on it.

- We saw this with DOGE coin and coins trying to be memes
- We saw this with the IPO wave of coins
- Then we had a wave of "country" coins
- Now the new flavour of the month is 100% POS coins

I honestly think a lot of people are going to get burned if they don't do their research. Either, pick the market leader (for 100% pos it's blackcoin, for meme coins its doge etc) or wait until the next new thing comes along and invest in that. Problem is the next new thing is risky, so you have to be willing to slap your bitcoins down on a coin that is very different and could easily fail.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
April 20, 2014, 07:01:42 AM
i have to have a jab at the write up lol

Quote
AsiaCoin is created for Asia,helping investors and miners in asia through these hard times!

That is all it says for why the coin was made.. nothing more and then seeing the fanboys pick up the ball is priceless lol

That is such a vague 5 year business plan if i ever heard one.

Hey dev why did you make a coin clone ?
Oh uhhh to help the people of Asia..
Oh yeah ? how so ?
..silence lol

I guarantee this guy made WC too and many others and i get the feeling i know how is behind this but whatever.. there is no stopping them.
and one of the trolls that has harassed me for a year recommended on chat bragging about profitability so hey screw it
lets mine clone coins then.. fuck it lol
why should i let sleazy shadowy cloners and scammy flash mining fanboys make all the money ?
i'll point my 1 gpu on it while you guys rent half a TH each for it etc..

hey back room boys i'm mining your shit clone coin how do you feel about that ? hows the weather down there ? Hire me too Wink

edit:
ps: i take bribes now too Wink

My AC wallet address = Ab2YfB8T7UvQythemRTm9ty3BguZvu2pEA

my one 7950 is not making me many coins Sad
all donations will go to me hyping up your coin for you Wink
full member
Activity: 140
Merit: 100
POOL.MN - we mine the hottest coins!
April 20, 2014, 06:59:45 AM
I just wanted to tell you guys that ~5Gh/s worth of miners cannot be wrong.
What do they choose?
http://ac.pool.mn! Cool
Join us!

Getting some real bad luck on my pool. If it doesn't change in the next 12 hours Ill be joining up.

We would be glad to have you on our side!
member
Activity: 101
Merit: 10
April 20, 2014, 06:55:48 AM
Vote on Mintpal Every Hour!!! its going up fast.
hero member
Activity: 756
Merit: 500
April 20, 2014, 06:51:03 AM
Any idea when reward goes from 10000 to 5000 AC. At which block number
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