[ANN][SLR] SolarCoin - PoW reward for solar energy | the GREEN KING of Crypto - page 27.

freebird

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Activity: 414

Merit: 250

Freedom through Cryptocurrency!

Quote from: corather on July 18, 2014, 02:51:18 PM

Looks like Poloniex is dropping Solarcoin also:

Quote

The following will be delisted on July 20th: EAC, MRC, CORG, ECC, FLAP, LEAF, PAND, DIME, SUN, EMO, SLR
Please withdraw your balances of these currencies as soon as possible.

It doesn't surprise me. Most SLR investors got used to using AllCrypt from the very beginning and we've always had healthy volume there and not much volume on any other exchanges. Interestingly, the recent threatened delisting from Bittrex only caused more volume to move back to AllCrypt instead of people deciding to move to Bittrex to try to keep the coin listed there. The free market is what it is, and for whatever reason it appears most SLR people prefer AllCrypt. Maybe wanting to be a big fish in a small pond instead of one of dozens of low-volume coins on a high-volume exchange? I don't know.

corather

legendary

Activity: 1708

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Solarcoin.org

Looks like Poloniex is dropping Solarcoin also:

Quote

The following will be delisted on July 20th: EAC, MRC, CORG, ECC, FLAP, LEAF, PAND, DIME, SUN, EMO, SLR
Please withdraw your balances of these currencies as soon as possible.

freebird

sr. member

Activity: 414

Merit: 250

Freedom through Cryptocurrency!

Quote from: passionsurf on July 18, 2014, 11:45:19 AM

Quote from: vipgelsi on July 18, 2014, 10:20:01 AM

Quote from: Epiphany on July 18, 2014, 08:58:12 AM

Quote from: vipgelsi on July 18, 2014, 08:46:15 AM

any news on block reduction eta?

I'm waiting patiently for that news as well.

It's set to start sometime in August, right?

Hopefully so. Discussions are going on with the developer about ETA for implementation. I'll keep you posted.

passionsurf

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Activity: 546

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Quote from: vipgelsi on July 18, 2014, 10:20:01 AM

Quote from: Epiphany on July 18, 2014, 08:58:12 AM

Quote from: vipgelsi on July 18, 2014, 08:46:15 AM

any news on block reduction eta?

I'm waiting patiently for that news as well.

It's set to start sometime in August, right?

vipgelsi

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Activity: 1736

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Quote from: Epiphany on July 18, 2014, 08:58:12 AM

Quote from: vipgelsi on July 18, 2014, 08:46:15 AM

any news on block reduction eta?

I'm waiting patiently for that news as well.

Epiphany

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Activity: 406

Merit: 250

Quote from: vipgelsi on July 18, 2014, 08:46:15 AM

any news on block reduction eta?

I'm waiting patiently for that news as well.

vipgelsi

legendary

Activity: 1736

Merit: 1001

any news on block reduction eta?

Epiphany

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Activity: 406

Merit: 250

News! http://solarcoin.org/easier-way-for-solar-energy-generators-to-claim-%C2%A7-solarcoins/

corather

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Solarcoin.org

Quote from: vipgelsi on July 17, 2014, 11:12:06 AM

Quote from: niothor on July 17, 2014, 10:14:05 AM

Quote from: vipgelsi on July 17, 2014, 09:49:37 AM

Myth block reward halving? Do you recall what happened to bitcoin when rewards went from 50 to 25?

What happened , please enlighten me...
The run to 7 and then to 266 happened months after the reward halving in November.

Months or days after either way it still went up.

It really only has a minimal effect directly on the price. PoS may add some enthusiasm initially but it will taper off again. Bitcoin took off because it got publicity through use. Now it's mainstream. When Solarcoin is mainstream it'll have it's time in the spotlight also. As long as the foundation stays true and everything is kosher.

I should apply for the board, I'm completely unqualified but I have some good ideas.

vipgelsi

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Activity: 1736

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Quote from: niothor on July 17, 2014, 10:14:05 AM

Quote from: vipgelsi on July 17, 2014, 09:49:37 AM

Myth block reward halving? Do you recall what happened to bitcoin when rewards went from 50 to 25?

What happened , please enlighten me...
The run to 7 and then to 266 happened months after the reward halving in November.

Months or days after either way it still went up.

LuckyKey

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Activity: 368

Merit: 250

Quote from: niothor on July 17, 2014, 09:24:09 AM

Quote from: LuckyKey on July 16, 2014, 09:46:11 PM

Quote from: niothor on July 16, 2014, 11:20:47 AM

Quote from: LuckyKey on July 15, 2014, 11:04:58 PM

Quote from: vipgelsi on July 15, 2014, 10:19:33 PM

If you look at digitalcoin there block reward is 15 every 40 seconds.
And if you look at there trading on cryptys the bid and ask are made up of
small orders of 10-20 coins increments.

Hopefully this will happen with solarcoin if the block reduction
is down to 5 a minute by next year.

Instead of having 5k to 10k on the bid and ask on a single order.
As we have today.

Rarer = more valuable = more solarcoin grants

Gotta agree with that. By decreasing block reward, then PoS, it looks to be a good scenario for those that have already mined/bought the 25% of all solarcoins that will be mined….and would think it should raise the value of solarcoins.

So you think that a block reward halving or % reduction for a coin that has only 0.1% of coins available for mining will influence the price by even one satoshi?

For certain. Demand should stay strong, and hopefully grow, as the Foundation spreads its wings. And, the # of coins available will shrink, with block reward reduction, and then PoS. Expectations for granting of solarcoins from solar power is low for the first few years…see previous post providing research/predictions.

:-)

The first is an assumption and as far as assumptions go....

Second , that is a wrong claim.
The supply of coins grows every day , it will not shrink.

The trading volume has again no real relation with the amount of coins mined and sold the same day.
You can create a volume of 100 btc with just 2 btc being swapped.

Besides , the market already counts in future actions that are programmed.
Such as the release of 2.5% of the coins stored in the premine each year.

The myth of block reward halving has been debunked so many times it's getting boring.

Trading supply will shrink as most solarcoin holders will not be selling their coins anytime soon…this, with the reduction in mined coins produced, will increase demand. Throw in PoS, and current holders will be holding even more firmly. Throw in the Foundation work, and interest should push that demand significantly.

niothor

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Activity: 826

Merit: 501

in defi we trust

Quote from: vipgelsi on July 17, 2014, 09:49:37 AM

Myth block reward halving? Do you recall what happened to bitcoin when rewards went from 50 to 25?

What happened , please enlighten me...
The run to 7 and then to 266 happened months after the reward halving in November.

Epiphany

sr. member

Activity: 406

Merit: 250

Looks like someone has a lowball bid that didn't get filled... Roll Eyes

Start chasin' baby. Kiss

vipgelsi

legendary

Activity: 1736

Merit: 1001

Myth block reward halving? Do you recall what happened to bitcoin when rewards went from 50 to 25?

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

Quote from: LuckyKey on July 16, 2014, 09:46:11 PM

Quote from: niothor on July 16, 2014, 11:20:47 AM

Quote from: LuckyKey on July 15, 2014, 11:04:58 PM

Quote from: vipgelsi on July 15, 2014, 10:19:33 PM

If you look at digitalcoin there block reward is 15 every 40 seconds.
And if you look at there trading on cryptys the bid and ask are made up of
small orders of 10-20 coins increments.

Hopefully this will happen with solarcoin if the block reduction
is down to 5 a minute by next year.

Instead of having 5k to 10k on the bid and ask on a single order.
As we have today.

Rarer = more valuable = more solarcoin grants

Gotta agree with that. By decreasing block reward, then PoS, it looks to be a good scenario for those that have already mined/bought the 25% of all solarcoins that will be mined….and would think it should raise the value of solarcoins.

So you think that a block reward halving or % reduction for a coin that has only 0.1% of coins available for mining will influence the price by even one satoshi?

For certain. Demand should stay strong, and hopefully grow, as the Foundation spreads its wings. And, the # of coins available will shrink, with block reward reduction, and then PoS. Expectations for granting of solarcoins from solar power is low for the first few years…see previous post providing research/predictions.

:-)

The first is an assumption and as far as assumptions go....

Second , that is a wrong claim.
The supply of coins grows every day , it will not shrink.

The trading volume has again no real relation with the amount of coins mined and sold the same day.
You can create a volume of 100 btc with just 2 btc being swapped.

Besides , the market already counts in future actions that are programmed.
Such as the release of 2.5% of the coins stored in the premine each year.

The myth of block reward halving has been debunked so many times it's getting boring.

Epiphany

sr. member

Activity: 406

Merit: 250

Quote from: LuckyKey on July 17, 2014, 09:09:28 AM

I picked up a few cheap solarcoins over the last 2 or 3 weeks :-)

As did I... Grin

LuckyKey

sr. member

Activity: 368

Merit: 250

Quote from: Epiphany on July 17, 2014, 09:00:59 AM

Quote from: Epiphany on July 03, 2014, 07:42:11 PM

While I'm as excited as all of you to see a tick up after a downturn, we need to see more volume before we start corking any champagne bottles. Wink

Hmmm... where is that bottle opener of mine?? Huh

I have been watching volume as an indicator to confirm the "bottom" and we do have an uptick in volume in the last week, now price is moving up nicely too.

Check out the volume on the 90-day chart here: http://coinmarketcap.com/currencies/solarcoin/

I find it annoying that Coinmarketcap chaged the y-axis to BTC from USD on their charts (our price always seemed more dependent on US$ than BTC), they've also reverted back to Total Supply from Coins in Circulation, even though the market cap calculation appears to be correct at $60k, the chart went wanky. I asked them to fix it in their thread and Gliss completely ignored my post. Figures... Roll Eyes

Anyway, I see this as a good sign. Even in an illiquid market like this one, it looks like a confirm of the bottom being around 280-300 sats.

I picked up a few cheap solarcoins over the last 2 or 3 weeks :-)

Epiphany

sr. member

Activity: 406

Merit: 250

Quote from: Epiphany on July 03, 2014, 07:42:11 PM

While I'm as excited as all of you to see a tick up after a downturn, we need to see more volume before we start corking any champagne bottles. Wink

Hmmm... where is that bottle opener of mine?? Huh

I have been watching volume as an indicator to confirm the "bottom" and we do have an uptick in volume in the last week, now price is moving up nicely too.

Check out the volume on the 90-day chart here: http://coinmarketcap.com/currencies/solarcoin/

I find it annoying that Coinmarketcap chaged the y-axis to BTC from USD on their charts (our price always seemed more dependent on US$ than BTC), they've also reverted back to Total Supply from Coins in Circulation, even though the market cap calculation appears to be correct at $60k, the chart went wanky. I asked them to fix it in their thread and Gliss completely ignored my post. Figures... Roll Eyes

Anyway, I see this as a good sign. Even in an illiquid market like this one, it looks like a confirm of the bottom being around 280-300 sats.

corather

legendary

Activity: 1708

Merit: 1000

Solarcoin.org

Quote from: Tachyon2032 on July 16, 2014, 11:29:49 PM

Quote from: corather on July 16, 2014, 04:51:10 AM

Quote from: Tachyon2032 on July 16, 2014, 03:16:35 AM

I am now the proud owner of 3887 Solarcoins! It's not a lot, but a start.

BTC: 14nAytauuGTsnWbGxDuropawgpgGyV8gGW | SLR §: 8X3PKaV8dpm6Rnw3PDteEoyN2pzv2oHy5S

Status: 2/unconfirmed, broadcast through 7 nodes
Date: 7/16/2014 05:42
To: Tachyon2032 8X3PKaV8dpm6Rnw3PDteEoyN2pzv2oHy5S
Debit: -175.14672039 SLR
Transaction fee: -0.10 SLR
Net amount: -175.24672039 SLR
Transaction ID: 457544a61cfa47fcac48459a75c21b0338b95d3cae624a2e0d471d724c8503f7

Cool

Thank you! I was wondering who sent that. At least I thought to set-up a new receiving address for my SIG, so I knew it came from someone here. :-) Again, thank you! I will pay it forward.

BTC: 14nAytauuGTsnWbGxDuropawgpgGyV8gGW | SLR §: 8X3PKaV8dpm6Rnw3PDteEoyN2pzv2oHy5S

Every time I tip someone in SLR I feel like I'm spreading sunshine. Hahaha. Cheesy

Tachyon2032

newbie

Activity: 17

Merit: 0

Quote from: corather on July 16, 2014, 04:51:10 AM

Quote from: Tachyon2032 on July 16, 2014, 03:16:35 AM

I am now the proud owner of 3887 Solarcoins! It's not a lot, but a start.

BTC: 14nAytauuGTsnWbGxDuropawgpgGyV8gGW | SLR §: 8X3PKaV8dpm6Rnw3PDteEoyN2pzv2oHy5S

Status: 2/unconfirmed, broadcast through 7 nodes
Date: 7/16/2014 05:42
To: Tachyon2032 8X3PKaV8dpm6Rnw3PDteEoyN2pzv2oHy5S
Debit: -175.14672039 SLR
Transaction fee: -0.10 SLR
Net amount: -175.24672039 SLR
Transaction ID: 457544a61cfa47fcac48459a75c21b0338b95d3cae624a2e0d471d724c8503f7

Cool

Thank you! I was wondering who sent that. At least I thought to set-up a new receiving address for my SIG, so I knew it came from someone here. :-) Again, thank you! I will pay it forward.

BTC: 14nAytauuGTsnWbGxDuropawgpgGyV8gGW | SLR §: 8X3PKaV8dpm6Rnw3PDteEoyN2pzv2oHy5S

Topic: [ANN][SLR] SolarCoin - PoW reward for solar energy | the GREEN KING of Crypto - page 27. (Read 138368 times)