[ANN][AC]AsiaCoin - Relaunch - page 315.

leigh2k14

legendary

Activity: 1288

Merit: 1000

Quote from: CryptoSteam on April 17, 2014, 11:25:57 AM

Quote from: leigh2k14 on April 17, 2014, 11:23:23 AM

Quote from: CryptoSteam on April 17, 2014, 11:13:48 AM

Quote from: leigh2k14 on April 17, 2014, 11:09:14 AM

Just to let other traders know that you should wait till more miners dump and let the price fall, as you don't want to be a bag holder now do you?

700 sat is way too much at the mo.

700 sat is cheap. Look at BlackCoin. Currently at 37,000 sats with roughly 75 million coins. AsiaCoin will have about 300 million coins by the end of the first year.

300 mill/75 mill = 4x

37,000 sats / 4 = 9250 Sats. That's how much AsiaCoin should be worth right now.

100% this coin will drop in price, wait till the multi pools dump

Let them dump and lose out. It's good for the coin. Gives it lots of liquidity for trading and gives investors a chance to invest in this coin very cheap. The price will recover after the dumps.

In the meanwhile, I'm holding my AsiaCoins. It will be worth a lot later.

Very true, i'm waiting till they dump before I make my move.

CryptoSteam

full member

Activity: 126

Merit: 100

Quote from: leigh2k14 on April 17, 2014, 11:23:23 AM

Quote from: CryptoSteam on April 17, 2014, 11:13:48 AM

Quote from: leigh2k14 on April 17, 2014, 11:09:14 AM

Just to let other traders know that you should wait till more miners dump and let the price fall, as you don't want to be a bag holder now do you?

700 sat is way too much at the mo.

700 sat is cheap. Look at BlackCoin. Currently at 37,000 sats with roughly 75 million coins. AsiaCoin will have about 300 million coins by the end of the first year.

300 mill/75 mill = 4x

37,000 sats / 4 = 9250 Sats. That's how much AsiaCoin should be worth right now.

100% this coin will drop in price, wait till the multi pools dump

Let them dump and lose out. It's good for the coin. Gives it lots of liquidity for trading and gives investors a chance to invest in this coin very cheap. The price will recover after the dumps.

In the meanwhile, I'm holding my AsiaCoins. It will be worth a lot later.

icess

full member

Activity: 168

Merit: 100

when add this coin on https://www.mintpal.com/voting

leigh2k14

legendary

Activity: 1288

Merit: 1000

Quote from: CryptoSteam on April 17, 2014, 11:13:48 AM

Quote from: leigh2k14 on April 17, 2014, 11:09:14 AM

Just to let other traders know that you should wait till more miners dump and let the price fall, as you don't want to be a bag holder now do you?

700 sat is way too much at the mo.

700 sat is cheap. Look at BlackCoin. Currently at 37,000 sats with roughly 75 million coins. AsiaCoin will have about 300 million coins by the end of the first year.

300 mill/75 mill = 4x

37,000 sats / 4 = 9250 Sats. That's how much AsiaCoin should be worth right now.

Just letting you know this isn't black coin, have you already bought in?

100% this coin will drop in price, wait till the multi pools dump

usao

legendary

Activity: 1109

Merit: 1000

Quote from: Werg on April 17, 2014, 11:10:25 AM

What's the password of Asiacoin-Windows-Qt.zip ?

At the top of the OP.

CryptoSteam

full member

Activity: 126

Merit: 100

Quote from: DontPanic_42 on April 17, 2014, 11:08:31 AM

Quote from: usao on April 17, 2014, 10:44:40 AM

I suppose a lot of folks will keep the first year to get that 100% interest, but right after than, im assuming they will dump quickly.
Do you know if the first-year interest is based on when the coin was received or based on the launch date?
In other words, is it a fixed point in time or variable based on when you mined (or bought) the coin?

Quote from: AsiaCoin on April 14, 2014, 10:47:23 AM

Exactly,we set the first year interest to 71.5% due to the compounded interest.

71.5% / 52 weeks / 2 = 2.75%
1.0271^26=2.0245457...

You will receive 2.75% every 2 weeks.
And no max coin age does mean you can let your coins sit in your unlocked wallet to get 2.75% every 2 weeks.
Other POS coins you have to move to reset the coin age. Or am I wrong with that?

Most likely it will reset the coin age if you move it, but not 100% sure.

CryptoSteam

full member

Activity: 126

Merit: 100

Quote from: leigh2k14 on April 17, 2014, 11:09:14 AM

Just to let other traders know that you should wait till more miners dump and let the price fall, as you don't want to be a bag holder now do you?

700 sat is way too much at the mo.

700 sat is cheap. Look at BlackCoin. Currently at 37,000 sats with roughly 75 million coins. AsiaCoin will have about 300 million coins by the end of the first year.

300 mill/75 mill = 4x

37,000 sats / 4 = 9250 Sats. That's how much AsiaCoin should be worth right now.

Delfin

newbie

Activity: 7

Merit: 0

Quote from: Elated on April 17, 2014, 09:42:20 AM

Real solid launch. Well done AsiaCoin. Good luck the rest of the way ^^

Great start. Well done!

Werg

newbie

Activity: 7

Merit: 0

What's the password of Asiacoin-Windows-Qt.zip ?

leigh2k14

legendary

Activity: 1288

Merit: 1000

Just to let other traders know that you should wait till more miners dump and let the price fall, as you don't want to be a bag holder now do you?

700 sat is way too much at the mo.

DontPanic_42

member

Activity: 64

Merit: 10

Quote from: usao on April 17, 2014, 10:44:40 AM

I suppose a lot of folks will keep the first year to get that 100% interest, but right after than, im assuming they will dump quickly.
Do you know if the first-year interest is based on when the coin was received or based on the launch date?
In other words, is it a fixed point in time or variable based on when you mined (or bought) the coin?

Quote from: AsiaCoin on April 14, 2014, 10:47:23 AM

Exactly,we set the first year interest to 71.5% due to the compounded interest.

71.5% / 52 weeks / 2 = 2.75%
1.0271^26=2.0245457...

You will receive 2.75% every 2 weeks.
And no max coin age does mean you can let your coins sit in your unlocked wallet to get 2.75% every 2 weeks.
Other POS coins you have to move to reset the coin age. Or am I wrong with that?

techbytes

legendary

Activity: 1694

Merit: 1054

Point. Click. Blockchain

Quote from: qiuzhixin15 on April 17, 2014, 09:18:05 AM

when the giveaway start?

Boy if I get 1 AC everytime I hear this question, I wouldn't have to mine anymore... Cheesy

-tb-

usao

legendary

Activity: 1109

Merit: 1000

Quote from: CryptoSteam on April 17, 2014, 10:59:26 AM

Quote from: usao on April 17, 2014, 10:44:40 AM

Quote from: CryptoSteam on April 17, 2014, 10:42:12 AM

It is already unlocked. You want to keep the wallet open so you can get your stake. You want to get your first year stake because you will get double of what you have now by the end of the first year.

Once the first year passes, it goes down to 2% stake.

I suppose a lot of folks will keep the first year to get that 100% interest, but right after than, im assuming they will dump quickly.
Do you know if the first-year interest is based on when the coin was received or based on the launch date?
In other words, is it a fixed point in time or variable based on when you mined (or bought) the coin?

Minimium stake age is 2 weeks. 100% will not appear all at once. Something like 100%/26 (52 weeks/2weeks). Roughly about 3.85% every two weeks. That's if you keep your wallet open all the time.

So, there will not be massive dumps all at once. People will sell there and there in small amounts.

Cool, sounds like a good way to do it.

CryptoSteam

full member

Activity: 126

Merit: 100

Quote from: usao on April 17, 2014, 10:44:40 AM

Quote from: CryptoSteam on April 17, 2014, 10:42:12 AM

It is already unlocked. You want to keep the wallet open so you can get your stake. You want to get your first year stake because you will get double of what you have now by the end of the first year.

Once the first year passes, it goes down to 2% stake.

I suppose a lot of folks will keep the first year to get that 100% interest, but right after than, im assuming they will dump quickly.
Do you know if the first-year interest is based on when the coin was received or based on the launch date?
In other words, is it a fixed point in time or variable based on when you mined (or bought) the coin?

Minimium stake age is 2 weeks. 100% will not appear all at once. Something like 100%/26 (52 weeks/2weeks). Roughly about 3.85% every two weeks. That's if you keep your wallet open all the time.

So, there will not be massive dumps all at once. People will sell there and there in small amounts.

usao

legendary

Activity: 1109

Merit: 1000

Quote from: Stinky_Pete on April 17, 2014, 10:57:29 AM

Giveaway on the website is saying "Giveaway starts after launch". That's now isn't it?

Technically speaking, even 100 years from now is "after launch".
Doesn't mean immediately after launch.
I have no idea, but I heard someone mention after 2000 blocks have been mined.

Stinky_Pete

hero member

Activity: 560

Merit: 500

Giveaway on the website is saying "Giveaway starts after launch". That's now isn't it?

Nagath

newbie

Activity: 36

Merit: 0

Claiming Bounty for italian translation
https://bitcointalksearch.org/topic/--574704

Feel free to tip some AC Tongue

AHsZQGKZdjMcGpYhHALEwXo2xBusaD36SP

RavenX

member

Activity: 112

Merit: 10

Doubt:
I need to keep my wallet opened (and unlocked) just while mining or ever?

RavenX

member

Activity: 112

Merit: 10

Quote from: ZPserge on April 17, 2014, 05:02:26 AM

in website wallet windows archived password?

Yep, needs to be fixed.
The MEGA one has no password.

usao

legendary

Activity: 1109

Merit: 1000

Quote from: CryptoSteam on April 17, 2014, 10:42:12 AM

It is already unlocked. You want to keep the wallet open so you can get your stake. You want to get your first year stake because you will get double of what you have now by the end of the first year.

Once the first year passes, it goes down to 2% stake.

I suppose a lot of folks will keep the first year to get that 100% interest, but right after than, im assuming they will dump quickly.
Do you know if the first-year interest is based on when the coin was received or based on the launch date?
In other words, is it a fixed point in time or variable based on when you mined (or bought) the coin?

Topic: [ANN][AC]AsiaCoin - Relaunch - page 315. (Read 401007 times)