Topic: [ANN][SLG] Sterlingcoin v1.6.1.1 | United Kindom | Cryptopia - page 32. (Read 464412 times)

THIS COIN IS DEAD.
pls contact TALK thread to prove otherwise.
BOUNTY 100 TALK.

no connection wallet..??anyone can give nodes please..??

Desperate would not be the term, I'd use. This is not the only crypto I'm holding or trading and with the BTC price going up I've anyways soon made my own moneys back at least. When it comes to talking about economy, I think I do have some image of how it works in general, specially outside crypto world. We can talk about economy in general if you want to, but I'd like to save that to private messages.

Didn't feel like putting too much effort at simple post which was mainly to just say that I support decision to have more coins to circulation. What I meant with my comment on no places to use here in Finland, I wanted to actually get some information on how widely SLG can be used in the UK these days.

Naturally how easily and widely the coin can be used is the only thing that really matters. Marketing is usually slightly time consuming and requires some money. The coin did quite in the beginning with all the articles and devs visiting various expos etc. Do we have a rich list ? Do we have any info on how many coins are sitting in bag holders wallets waiting and not moving at all ? Natural circulation from consumers to producers/services and so for would be nice, but that doesn't really happen with too many coins.

I personally have used btc to pay for product once in my life.

Marketing is usually slightly time consuming and requires some money.

I respect your opinion but you sound quite desperate, not very well informed of how to attract attention, not very well informed of how the economy works and without a clear picture of the cryptomarket and how SLG fits in it.


"Do anything" is not a good strategy
Mining will create volume, but because people will dump it.
Macroinflation is not a good strategy.
SLG is for UK and British Islands.

There is another coin for Finland.
There is another coin for Netherlands.
There is another coin for Spain.
There is another coin for France.
There is another coin for Germany.

I respect your opinion but you sound quite desperate, not very well informed of how to attract attention, not very well informed of how the economy works and without a clear picture of the cryptomarket and how SLG fits in it.


"Do anything" is not a good strategy
Mining will create volume, but because people will dump it.
Macroinflation is not a good strategy.
SLG is for UK and British Islands.

There is another coin for Finland.
There is another coin for Netherlands.
There is another coin for Spain.
There is another coin for France.
There is another coin for Germany.


 

SLG is for UK and British Islands.

I have nothing against new PoW stage and I'm holder (a bit more than 250k) as well. I lost around 1btc worth of SLG at cryptsy. I've bought these for quite high price (even with current tops I hardly break even).

I would consider another algo (maybe the one Spencer is using with darksilk) and then mining more coins. Basically do anything that helps to create volume and make it more easy to enter SLG markets again.

I'm not sure that in how many places you can actually use SLG in UK, none here in Finland / Scandinavia.

To the best of my knowledge all three devs are still actively committed to Sterlingcoin, but only Steven posts here on a regular basis.

Nothing wrong with that.

That being said, it is about time we got an update on the proposed next steps in SLG's development.

We really need to know what, if anything, has been decided re the code re-basing, possible algo switch, possible new POW phase etc.

Hoping to hear from you soon, Steven!!

Sterling Sentinel

The price has tanked because there is no new demand.
The only demand in the market right now is me and the people making volume to not get delisted.

Why there is no demand?
It's been almost a year without a dev making any improvements.
While other countrycoins had followed their roadmap, created services, make easier for merchants to join their movement, social media campaings, etc, SLG have had no improvement. That's why there is no demand and the price has tanked.

Value doesnt come from PoW or PoS, you've got coins using Pow doing very well and others doing very bad, and the same happends with PoS.
[/b]value comes from making SLG more usable.[/b]
To create value we need to make what other sucesful countrycoins are doing. Focus in the end user. 
That's how they have created value.
 
If your objective is to attract more attention, what you need to use is marketing. MARKETING.

PoW/PoS is a technical matter is not the salvation of SLG.
It's not gonna explode because of PoW.
We need marketing to attract attention.

I understand perfectly your proposition of creating more coins to create more value. But it doesnt work like that. You need to create value in order to that happen. And you can not rely on changing the algo to create buzz about SLG. We need marketing.

I have previouly stated that I wouldnt mind changing to PoW/PoS if we:
1) Dont make PoW+PoS more than the actual inflation via PoS: 5.5%
2) We stop thinking PoW will make SLG explode. We need to create value and use marketing to promote it.

I do agree PoW can have some revitalizing efects but it wont last long, that's why I'm being such a pain.
I need to see we all agree that PoW doesnt create value.
Value comes from making good services and building a community around it

All 3 team members still alive?  Or maybe only one of them still posting here?  Without active development ...