[ANN]Citizencoin CTZ - NEW DEV. - NOW WALLET UPDATE SOON!!! - page 38.

CryptoPoolSupport

member

Activity: 112

Merit: 10

Quote from: placebo on May 20, 2014, 10:06:32 AM

Still pretty impressed with the hashrate... Net: 14,575.82 Mh/s

Normally you have some nice hashrates the first hours,but now we are talking about the first whole day... little disappointed about the price, or maybe not, i just bought some coins Cheesy

If all that mined the coin would buyu for just 0.1 BTC it would skyrocket... and more buyers would see the coin. So... :-)

placebo

legendary

Activity: 1120

Merit: 1000

Still pretty impressed with the hashrate... Net: 14,575.82 Mh/s

Normally you have some nice hashrates the first hours,but now we are talking about the first whole day... little disappointed about the price, or maybe not, i just bought some coins Cheesy

yavuzc78

hero member

Activity: 868

Merit: 1000

Citizen Coin Information Article
http://altcoinix.com/citizen-coin-x11-algo-powpos-crypto-coin/

placebo

legendary

Activity: 1120

Merit: 1000

Quote from: Wexlike on May 20, 2014, 09:29:46 AM

Dear Citizencoin-Developer,

is this planned to have a yearly 44% pos interest ? Thats the result, if you stake your coins all the time. You get a yearly coin stake of 44%.

In my eyes this is a concern, because there will be a flood of coins forever. A daily 0,01% pos interest instead of 0,1% would be much more convenient and would result in a much more manageable coin economy.

Greetings

Why should it be a concern? Think of it... how many people are using altcoins at the moment? Will we have a grown of more then 44% yearly? I believe that we are growing more then 100%, i mean, new investors, new people using altcoins, etc. You can also think of it differently. How much do you receive in a bank account 1-2%?

Now why not put some money in CTZ coin and leave it for one year, you don't have to do anything, just keep your wallet open, and the only think that needs to happen is increase in demand for the coin, all coins will be mine, so nothing available, people will hold in wallet, so nothing available, hype CTZ to the moon, and everybody rich. Ok, the last part you can maybe skip

but i believe you see the picture...

placebo

legendary

Activity: 1120

Merit: 1000

I think i will buy some of my own coins, it is really too cheap

placebo

legendary

Activity: 1120

Merit: 1000

Quote from: barryzand on May 20, 2014, 09:30:15 AM

I remember you from the KDC community period.. Ill buy your coin.... If you put even more effort in this coin... its almost certain too take off... Wink

Even more

Working day is only 24 hours a day Cheesy

barryzand

hero member

Activity: 574

Merit: 500

Growcoin Chief

I remember you from the KDC community period.. Ill buy your coin.... If you put even more effort in this coin... its almost certain too take off... Wink

Wexlike

legendary

Activity: 1473

Merit: 1086

Dear Citizencoin-Developer,

is this planned to have a yearly 44% pos interest ? Thats the result, if you stake your coins all the time. You get a yearly coin stake of 44%.

In my eyes this is a concern, because there will be a flood of coins forever. A daily 0,01% pos interest instead of 0,1% would be much more convenient and would result in a much more manageable coin economy.

Greetings

placebo

legendary

Activity: 1120

Merit: 1000

Quote from: madmartyk on May 20, 2014, 09:09:19 AM

Quote from: placebo on May 20, 2014, 09:01:19 AM

Quote from: madmartyk on May 20, 2014, 08:59:26 AM

Quote from: placebo on May 20, 2014, 08:57:55 AM

It is cheaper to buy some coins at current price then when you have to mine it.

So take advantage of the low price too Wink

Already have!! In the pool I was avg 20 CTZ per block, just went and bought 100,000 if them for almost nothing!!

Sometimes i really think that those people that are renting a rig are in fact running a lose.... i didn't do the calculations yet, but at the current price, i don't think they will make a lot of profit.

I think it's more of the get a million or two coins, and hope the hell it takes off. AppleBytes was one like that. I mined the crap out of it for 6 hours because no one else was hitting it. Sold my 300K ABY for .7 BTC. Now the price is back in the crapper. Get in, Get out!! It's all about timing. I can hold CTZ for a while and see what happens. Sold a bunch of really shitty shitcoins to pay for it!! Cheesy

Yes, everything is based on timing ,the first coin that always move higher doesn't exists...

madmartyk

legendary

Activity: 2688

Merit: 1030

Yes I am a pirate, 300 years too late!

Quote from: placebo on May 20, 2014, 09:01:19 AM

Quote from: madmartyk on May 20, 2014, 08:59:26 AM

Quote from: placebo on May 20, 2014, 08:57:55 AM

It is cheaper to buy some coins at current price then when you have to mine it.

So take advantage of the low price too Wink

Already have!! In the pool I was avg 20 CTZ per block, just went and bought 100,000 if them for almost nothing!!

Sometimes i really think that those people that are renting a rig are in fact running a lose.... i didn't do the calculations yet, but at the current price, i don't think they will make a lot of profit.

I think it's more of the get a million or two coins, and hope the hell it takes off. AppleBytes was one like that. I mined the crap out of it for 6 hours because no one else was hitting it. Sold my 300K ABY for .7 BTC. Now the price is back in the crapper. Get in, Get out!! It's all about timing. I can hold CTZ for a while and see what happens. Sold a bunch of really shitty shitcoins to pay for it!! Cheesy

placebo

legendary

Activity: 1120

Merit: 1000

Quote from: madmartyk on May 20, 2014, 08:59:26 AM

Quote from: placebo on May 20, 2014, 08:57:55 AM

It is cheaper to buy some coins at current price then when you have to mine it.

So take advantage of the low price too Wink

Already have!! In the pool I was avg 20 CTZ per block, just went and bought 100,000 if them for almost nothing!!

Sometimes i really think that those people that are renting a rig are in fact running a lose.... i didn't do the calculations yet, but at the current price, i don't think they will make a lot of profit.

placebo

legendary

Activity: 1120

Merit: 1000

You can buy CTZ coins at

https://www.icurrex.com/market/51

and

https://bittrex.com/Market/Index?MarketName=BTC-CTZ

madmartyk

legendary

Activity: 2688

Merit: 1030

Yes I am a pirate, 300 years too late!

Quote from: placebo on May 20, 2014, 08:57:55 AM

It is cheaper to buy some coins at current price then when you have to mine it.

So take advantage of the low price too Wink

Already have!! In the pool I was avg 20 CTZ per block, just went and bought 100,000 if them for almost nothing!!

placebo

legendary

Activity: 1120

Merit: 1000

It is cheaper to buy some coins at current price then when you have to mine it.

So take advantage of the low price too Wink

placebo

legendary

Activity: 1120

Merit: 1000

Quote from: Daisyy on May 20, 2014, 08:34:54 AM

Should everyone update their wallet or it is just for pools?
What about old wallet & old address? Shocked

Everybody needs to download the new wallet. Just copy your wallet.dat file and when you downloaded the new wallet you can put your wallet.dat file back (in cause that it was overwritten) so address will stay the same.

Xtrata

hero member

Activity: 616

Merit: 500

Quote from: Daisyy on May 20, 2014, 08:36:03 AM

Quote from: ?? on ??

We know pool mining!

http://ctz.cryptopool.eu

Don't miss out on your CTZ - WE ARE LIVE AND FINDING BLOCKS !!

* Dedicated servers with SSD in RAID10.
* 10 Gbit/s network
* DDoS protection (Stratum + web server)
* Redundant Electricity A+B Feed
* Redundant Network 2 x 10 Gigabit network.
* Mail support
* Backups of all wallets and pools
* Professional team
* The natural choice for mining
* PPLNS PAYOUTS
* VARDIFF
* Cron running every minutes
* There is a mining fee of 1% and donations are appreciated!

Don't trust your CTZ with anyone else!

is the pool really good??? who can confirm it??

I can confirm that the pool is great.

Daisyy

member

Activity: 70

Merit: 10

Quote from: ?? on ??

We know pool mining!

http://ctz.cryptopool.eu

Don't miss out on your CTZ - WE ARE LIVE AND FINDING BLOCKS !!

* Dedicated servers with SSD in RAID10.
* 10 Gbit/s network
* DDoS protection (Stratum + web server)
* Redundant Electricity A+B Feed
* Redundant Network 2 x 10 Gigabit network.
* Mail support
* Backups of all wallets and pools
* Professional team
* The natural choice for mining
* PPLNS PAYOUTS
* VARDIFF
* Cron running every minutes
* There is a mining fee of 1% and donations are appreciated!

Don't trust your CTZ with anyone else!

is the pool really good??? who can confirm it??

Daisyy

member

Activity: 70

Merit: 10

Should everyone update their wallet or it is just for pools?
What about old wallet & old address? Shocked

Jejk

newbie

Activity: 7

Merit: 0

Quote from: exterzyn on May 20, 2014, 08:00:13 AM

Quote from: Jejk on May 20, 2014, 07:16:36 AM

Come on! Only me mining on http://ctz.hashhot.com/ Huh

Change to http://ctz.cryptopool.eu then?

I have been there since launch and i always use cryptopool in all other coins. That is a pool that you can trust!

Yeah, got some coins there!
Thanks man!

/Sweedish guy Grin

exterzyn

full member

Activity: 154

Merit: 100

Quote from: Xamda on May 20, 2014, 07:46:49 AM

Quote from: placebo on May 20, 2014, 07:07:04 AM

Is it possible to spread the hash a little more.... the result in the number of coins should be the same... it is better for security...

That would be great. Right now there is one pool holding more than 50%.

I would recommend http://ctz.cryptopool.eu, very good experience with this pool, but there are a lot of pools for this coin, so make you pick!

I agree with Xamda here. This is quite dangerous for the coin i believe ...

Topic: [ANN]Citizencoin CTZ - NEW DEV. - NOW WALLET UPDATE SOON!!! - page 38. (Read 64849 times)