Topic: [ANN][SEED] SeedCoin | New Road Map - page 34. (Read 184122 times)

On day seven there should be early exits during the high interest period to beat the rush. The biggest wallet is one of the earliest that can exit. They will stake for the final time with 13 hours left.

Really, the earlier you exit staking the better your chances of taking advantage of high prices.

Cheers, got it now

Beef

thanks wiser, so why does having a very small market cap work out well for the short term? whats the interest to buyers?

Beef

He just realized that there may be a very little amount of total coins. Also a couple of the big wallets im sure will hold so the number of tradable coins will be even fewer. That along with the fact that a bunch of people will dump after day seven could be used for profit. The dumping will drive the price to shit, so there may be some really cheap coins to be had.  He is planning on buying the dump.

Unfortunately yes. Like the Catholic Church being one of the biggest Condom backers, etc.

Not against it, just saying that I won't be following - because I don't plan to be a hypocrite.

Market cap is the total number of coins multiplied by the price per coin.

Your a total tool, not a sharp one either. I ask you a question and you come back with BS, mate get a life and stop being so negative.

You will excuse me but you are way past the point of no return with me. Sorry.

Barabas, can you give me a few lines to explain market cap and why being so low is good short term? i am asking not to be a smart ass, i am really trying to learn as much as i can

Beef

LMAO.

Another backing seed coin idea

What about instead of dope seeds we went with HEMP, as its one of the best natural products in the world and not just that is one of the fastest growing industries. I run a few businesses and one is natural health stuff, we sell shit loads and hemp oil and it takes a shitload to make one bottle, its a easy to grow seed and legal in most countries, but best of all its super cheap.

Going with hemp makes it get that cool hip audience involved but also it is really a super industry with massive scale of real uses for so many industries and the biggest bonus is its easy to grow for the product and new seeds.

We can also do the charitable thing as sending hemp seeds to 3rd world shit holes is a good thing and looks good for seed coin, but again its all about being able to back the product with cheap, cool sounding product and i think HEMP is just the one  that would do everything in one seed. If you scaled up just from seed into other parts of hemp like the oil,that shit is worth more than any liquid i know of.


What you guys think?


Beef

OK, I have hinted at this one time before: "At one point there will be an opportunity here".... This is going to surprise some, especially the ones with nuts in the brain: I believe any purchase with the market cap under $10,000 is going to make profits in the short term (thinking long term at this point is just baseless optimism).

This is not a change of heart by any stretch of imagination, like I said I hinted at it a couple days ago. I don't believe this project has any possibility of surviving beyond a few months best case scenario but the market cap has gotten to excessive lows and it appears that it will go to the singles, at which point I believe it will become an opportunity to make some profits quick. Just take a look at the market caps of "jewels" such as Asic coin, Dime coin, Trust Plus... I believe under $10k market cap, the prospects of significant profits are solid.

I know I will be buying.

For those of you wondering approximately when growth will end:

This is a best guess estimate based on the average speed that blocks have been found over the last two days:
http://www.timeanddate.com/countdown/generic?p0=136&iso=20141018T02&year=2014&month=10&day=18&hour=2&min=0&sec=0&msg=Growth%20End&csz=1

That time may vary, give or take an hour.



As for plans, I am still working on that roadmap. I will try to have it out by tomorrow. In the meantime I did post a lot of my personal thoughts and plans in this post:

https://bitcointalksearch.org/topic/m.9180471



Also, for anyone trying to comb the thread looking for an official word from me on anything please feel free to check my post history. I know what a mess it is to try and stay up to date on this thread, I just spent a considerable amount of time trying to do so, but as I am the only Dev at the moment and all of my attention of late has been focused on SeedCoin, if you're looking for any official information from the Dev (me) on SeedCoin, my post history is probably a good place to check and a far less daunting place to look.

As for pot seeds, I'm not against it but I'd say crypto has pot pretty well covered;) There's plenty of pot related coins out there, I don't think we need another one. I like the idea of seeds and growing food and plants. One of the original ideas I had was planting groves of trees.

I love the idea of
This sounds awesome popcorn. If your friend has any questions or concerns he is more than welcome to contact me. This sounds like an amazing opportunity for SEED, and it is exactly the sort of shop I'd like to see SEED associated with:)

Thank you for contacting them!

The amount of FUD on this thread is getting ridiculous.

My observation is that the FUD is coming from people who lost staking time due to forks, etc. and won't have their wallet as full as their initial calculations indicate. Then they are looking at the current BitTrex price which is literally all over the place. Then they're whining about how much money they supposedly lost.

They're saying the coin was rigged from the start, and that only the "insiders" who knew about the "conspiracy" are profiting. Seriously?

It's true that in order to have survived the first few days of growth staking you needed to pay close attention to this thread and update your wallet accordingly. There were a number of strategies openly discussed right here, and each individual pretty much had to pick a plan and stick with it as you couldn't really run all the strategies simultaneously.

For the most part, though, you just let your coins stake and they do. It's working just fine, other than the fact that staking rewards are starting to drag out making me wonder if all my coins will stake that magical 7th time. But even with that a strategy to mitigate that was suggested and people are free to follow it or not as they choose.

Technical difficulties happen. I know they haven't affected everyone equally, but it has been possible for people to update their wallets and get them staking properly. I'm not that technically oriented and I was able to do it just fine. However I also came with a fair amount of experience from having gone through a ton of wallet updates in a short time on a different coin. I made all kinds of mistakes on that other coin and will be lucky if I ever get my initial investment back out. But the experience served me well here and I have every expectation of recovering my initial investment and then some. The main thing is to not be in too much of a hurry to do so. And if it didn't work out so well for you, at the very least you have gained a lot of experience and knowledge which will be a tremendous help to you the next time around--if you let it.

People who are whining and moaning are not just annoying. They are actually completely shooting themselves in the foot because all the complaining is interfering with their ability to see the opportunities not only here but in the cryptosphere in general.

I've been involved in the Cryptosphere for close to 20 months now. Within the first month I got bilked out of my entire supply of 0.55 BTC that I'd accumulated in a scam which now would be so obvious to me that I wouldn't touch it with a ten foot pole. But back then I had no clue, and I paid the price. It was a hard lesson, but I learned it. Later on I lost close to $4000 worth of BTC when Inputs/CoinLenders got hacked and went belly up. That was a big ouch too. But despite those losses, I also managed to pull out more than that in profits, much of which went to better my life, and some of which went to investments in mining hardware so I could get involved that way. But in any case it's been like that from day one. You win some; you lose some. I realized that you really can't get too emotional about it, or you completely miss out. I have chatted with day traders who have won or lost thousands in a matter of minutes. When you win it's great, and I say always take profits when you do. When you lose it's a bummer, but you can't waste time or energy beating yourself up or complaining about how the system was rigged against you or trolling threads. You just have to ponder what happened and milk the experience for all its worth in terms of what you can learn from it. Since the crypto world is so fast paced you really don't want to waste any experience (be it success or failure) for its opportunity to educate you.

If you do, you are basically setting yourself up for the next failure. All the time you waste complaining and trolling threads is time not spent going back over your recent experiences and gleaning every possible lesson from it so that the next go round you can be successful.

You whiners, complainers and trolls, know this. You are only hurting yourselves. Every bit of energy you waste trolling is energy not spent in bettering yourself. The rest of us are annoyed, but not greatly impacted one way or another. In other words, we don't take you seriously. Most of you are on my ignore list for one reason only--you've used many words to say nothing of value.

This coin is not a scam. I've seen scams and the scammers behave very differently than what we've seen from the dev here. The SEED coin could turn out to be a bad investment, but that is different from a scam. Anyone calling this a scam is only demonstrating how little discernment they have. If you can't tell the difference between a scam and an honest venture which may or may not bear fruit, then you are going to get burned over and over again. And you'll whine and complain on thread after thread and you'll get nowhere and just annoy a lot of people. Don't you want something better? Why not break the cycle now? Stop spewing, listen and learn.

+1

I have NO interest in tying this coin to pot. I have no judgment on those who in any way are involved with actual pot. It's just not something I have any interest in getting involved with myself.

LOL
I've been everywhere on the rich list, depending on the time of day. At block 10,000 on the rich list,I was at 34, been as high as 12, and as low as 84. This is effin hillarious, it's like musical chairs. It's gonna be chaos, Where it stops, nobody knows

This was like a lottery from the start. I lost a full day stake on 1/3 of my coins due to the first fork, which blew a hole in my original plan. However, barring the multiple forks, this is how it should have been, price all over the place.  The dev has chimed in with some interesting thoughts and plans for the future, so that's more than alot of crap people mine for nowadays.  

It's been a while without a fork , and I'm starting to have a good time with this one.

Hope nobody invested more than they could afford to lose, this one was gamble from the start . Staking strategy will be key for these last days.

As far as the larger wallets go, it's not much different than a whale catching cheap coins at the bottom, at least you can watch these ones.

that is according to you that knows nothing too

I have been in contact with someone I know here in Florida. They run a nursery and specialize in exotic plants, chemicals, botanicals, ect. They sell everything from pepper plants/seeds, to cactus, fruits, veggies, rare plants, carnivorous plants, he even sells antibiotics (for fish and animals only). He has a website and is pretty well known in my area as the Plant Man. Anyway, I was there checking some stuff out today and just for the heck of it I mentioned seedcoin. My friend is familiar with bitcoin but not so much altcoins. He said he was interested in maybe accepting seedcoin. He is supposed to check it out and get back to me. It is a very small shop and website but it could be a start for seedcoin buying goods. He did have a couple concerns but I will bring those up if the time comes.

actually, these dumpers might even be helping SEED in the long run

because these SEED are transferred to exchange, bought in exchange and transferred back to new wallet owner and take 24 hrs again to stake
all those time, those SEED are not staking which will result in much less inflation by end of growth period

though all that wont really matter, by the end of the growth period SEED will be just like any Proof-of-Stake coin
unless Dev has further plans