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Topic: [ANN][MAST] MastCoin | CoinRecycler | Bittrex - page 131. (Read 180303 times)

member
Activity: 98
Merit: 10
MastiffCoin is traded on the Bittrex exchange, one of the most popular altcoin exchanges today with over 1100 BTC of daily volume.

There are currently 1.89M coins total at the moment, with under 2 days left in the mining period. Our estimates suggest there will be between 2.1-2.5M coins total at the end of PoW mining, but it depends on how many PoS blocks are generated.

PoS blocks contribute to the total block count, but do not have the same block rewards as normal PoW blocks. Basically, they function as an interest generating system, adding small amounts on top of existing coins.

Our research and analysis indicates that there will be many positive effects to the SuperBlocks period. They are likely to cause significantly increased attention to the coin because in addition to being the final day of mining/end of PoW, miners will be attracted by the increased block rewards. Any increase in miners will cause a jump in network hashrate, and therefore an increase in difficulty, which will cause a rise in price.
sr. member
Activity: 336
Merit: 250
No, we're not going to change the specifications of the coin now just because one guy on bitcointalk asked us to -- sorry DailyModo Smiley

Aside from that, our research and analysis shows that the 2x SuperBlocks for the last day of mining will yield the opposite effect. They will draw a lot of attention and hashrate to the coin, which will cause mining difficulty to rise for the last day and increase the coin's value. Also, note that due to our long maturity requirements (1200 confirmations) on mined blocks, any effects of SuperBlocks are delayed and spread out over time... meaning that the increased attention to the coin will precede any effect on price from the increase in block rewards.

Good explanation thank you. But you do not need to be arrogant by pointing "one guy on bitcointalk" im not bashing it,im holding the coin and sharing my concerns.

i'm not sure if you're aware of this but he took it rather easy on you considering how absurd your request was.
sr. member
Activity: 294
Merit: 250
I really love this coin. My friends are supporting it and I bought some on Bittrex earlier. My mining partner is also mining it for us. I am trolling it hard on POLO too. Grin Grin
hero member
Activity: 812
Merit: 1000
www.gamebet.gg
No, we're not going to change the specifications of the coin now just because one guy on bitcointalk asked us to -- sorry DailyModo Smiley

Aside from that, our research and analysis shows that the 2x SuperBlocks for the last day of mining will yield the opposite effect. They will draw a lot of attention and hashrate to the coin, which will cause mining difficulty to rise for the last day and increase the coin's value. Also, note that due to our long maturity requirements (1200 confirmations) on mined blocks, any effects of SuperBlocks are delayed and spread out over time... meaning that the increased attention to the coin will precede any effect on price from the increase in block rewards.

Good explanation thank you. But you do not need to be arrogant by pointing "one guy on bitcointalk" im not bashing it,im holding the coin and sharing my concerns.
full member
Activity: 154
Merit: 100
1.What's the total amounts of this coin?
2.and where can i buy it?
 Huh

Its all on the First thread

You read my mind!  Lol
legendary
Activity: 1988
Merit: 1000
1.What's the total amounts of this coin?
2.and where can i buy it?
 Huh

Its all on the First thread
sr. member
Activity: 336
Merit: 250
No, we're not going to change the specifications of the coin now just because one guy on bitcointalk asked us to -- sorry DailyModo Smiley

Aside from that, our research and analysis shows that the 2x SuperBlocks for the last day of mining will yield the opposite effect. They will draw a lot of attention and hashrate to the coin, which will cause mining difficulty to rise for the last day and increase the coin's value. Also, note that due to our long maturity requirements (1200 confirmations) on mined blocks, any effects of SuperBlocks are delayed and spread out over time... meaning that the increased attention to the coin will precede any effect on price from the increase in block rewards.

how does pos reduce total pow coins??
newbie
Activity: 50
Merit: 0
1.What's the total amounts of this coin?
2.and where can i buy it?
 Huh
member
Activity: 98
Merit: 10
No, we're not going to change the specifications of the coin now just because one guy on bitcointalk asked us to -- sorry DailyModo Smiley

Aside from that, our research and analysis shows that the 2x SuperBlocks for the last day of mining will yield the opposite effect. They will draw a lot of attention and hashrate to the coin, which will cause mining difficulty to rise for the last day and increase the coin's value. Also, note that due to our long maturity requirements (1200 confirmations) on mined blocks, any effects of SuperBlocks are delayed and spread out over time... meaning that the increased attention to the coin will precede any effect on price from the increase in block rewards.
sr. member
Activity: 336
Merit: 250
Note that 2.7M is the absolute maximum during the PoW mining period, but in reality there will be less because of PoS blocks. Some variance is possible depending on the total number of PoS blocks created during the PoW period, but our rough estimates put the total at closer to 2.1M.

That means there will be approximately 28% less coins than some of you may be expecting, and that each coin should be potentially priced 28% higher according to the laws of supply and demand.

As we've repeatedly said from the beginning, we do have a few very innovative ideas planned; however, we're not rushing to hype announcements just for the sake of doing so. We'll announce them as they are ready, or when we are *very* confident in our delivery timeframe for a given item.

Alright, Since your not rushing it can you keep up the actual block rewards instead of the 2X block rewards starting tomorrow?

I think this will just attract more dumpers into mining it.

that's silly because you would need to fork the coin
hero member
Activity: 812
Merit: 1000
www.gamebet.gg
Note that 2.7M is the absolute maximum during the PoW mining period, but in reality there will be less because of PoS blocks. Some variance is possible depending on the total number of PoS blocks created during the PoW period, but our rough estimates put the total at closer to 2.1M.

That means there will be approximately 28% less coins than some of you may be expecting, and that each coin should be potentially priced 28% higher according to the laws of supply and demand.

As we've repeatedly said from the beginning, we do have a few very innovative ideas planned; however, we're not rushing to hype announcements just for the sake of doing so. We'll announce them as they are ready, or when we are *very* confident in our delivery timeframe for a given item.

Alright, Since your not rushing it can you keep up the actual block rewards instead of the 2X block rewards starting tomorrow?

I think this will just attract more dumpers into mining it.
member
Activity: 98
Merit: 10
Note that 2.7M is the absolute maximum during the PoW mining period, but in reality there will be less because of PoS blocks. Some variance is possible depending on the total number of PoS blocks created during the PoW period, but our rough estimates put the total at closer to 2.1M.

That means there will be approximately 28% less coins than some of you may be expecting, and that each coin should be potentially priced 28% higher according to the laws of supply and demand.

As we've repeatedly said from the beginning, we do have a few very innovative ideas planned; however, we're not rushing to hype announcements just for the sake of doing so. We'll announce them as they are ready, or when we are *very* confident in our delivery timeframe for a given item.
hero member
Activity: 812
Merit: 1000
www.gamebet.gg
super block rewards will dump the price i would suggest you avoid it and keep the same  block reward until mining ends. What exactly is the purpose of this coin? any innovation from it?

the main innovation from this coin is a non fucked up launch. you just dont see that these days.

This is not enough, what attracted me here is the dev being active in the thread and he seems to want to make this work.

But with 2.7 M total coin if you can manage something innovative this could have a huge potential.

to me a good launch with good coin parameters IS enough

I agree its a nice start , but to keep it going theres a need for innovation. Im not into here to bash i want the dev to clarify futur plans a bit more.
sr. member
Activity: 336
Merit: 250
super block rewards will dump the price i would suggest you avoid it and keep the same  block reward until mining ends. What exactly is the purpose of this coin? any innovation from it?

the main innovation from this coin is a non fucked up launch. you just dont see that these days.

This is not enough, what attracted me here is the dev being active in the thread and he seems to want to make this work.

But with 2.7 M total coin if you can manage something innovative this could have a huge potential.

to me a good launch with good coin parameters IS enough
hero member
Activity: 812
Merit: 1000
www.gamebet.gg
super block rewards will dump the price i would suggest you avoid it and keep the same  block reward until mining ends. What exactly is the purpose of this coin? any innovation from it?

the main innovation from this coin is a non fucked up launch. you just dont see that these days.

This is not enough, what attracted me here is the dev being active in the thread and he seems to want to make this work.

But with 2.7 M total coin if you can manage something innovative this could have a huge potential.
sr. member
Activity: 336
Merit: 250
super block rewards will dump the price i would suggest you avoid it and keep the same  block reward until mining ends. What exactly is the purpose of this coin? any innovation from it?

the main innovation from this coin is a non fucked up launch. you just dont see that these days.
sr. member
Activity: 336
Merit: 250
Pink's service is nothing more than what comes out the hind end of a Mastiff. 

it actually seems fairly useful and probably easy to implement. i can tell its main problem is a central point of failure.
hero member
Activity: 854
Merit: 1000
Pink's service is nothing more than what comes out the hind end of a Mastiff. 
hero member
Activity: 812
Merit: 1000
www.gamebet.gg
super block rewards will dump the price i would suggest you avoid it and keep the same  block reward until mining ends. What exactly is the purpose of this coin? any innovation from it?
member
Activity: 98
Merit: 10
If you've seen details on PinkCoin's web anon service implementation we would certainly be happy to review them and consider implementing something similar. We're skeptical of all claims of "anonymous transactions" being implemented in short timeframes though, considering that Bitcoin core developers, DarkCoin's Evan Duffield, and many other very talented developers have been working on for months/years.
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