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Topic: [ANN][SLR] SolarCoin - PoW reward for solar energy | the GREEN KING of Crypto - page 52. (Read 138370 times)

legendary
Activity: 1736
Merit: 1001
The difficulty swings is not that big of a deal don't worry about it. Just buy/mine and hold
hero member
Activity: 728
Merit: 500
Activity: yes
Hi, bros.

I'd like to introduce Latiumcoin.

Latium is PoS coin, which is distributed by just signup. It's free and wallet starts to minting perfectly. It's not harmful scam at all.
Its interest rate is 50% per year.

You will receive 5 Latium by signup, and you could earn more by making referral.

Dev is not willing to tell the total amount of coin, however he mentions that this distribution method will bring the people without professional knowledge of mining hardware and software.

Just let them know about Crypto and Latium, and help them to join the Latium network. It's free and will reward both you and your friends.

Please 'click' red link in my signature.

Have a good day!  Cheesy

MY Wallet screen shot: http://prntscr.com/3kihbk

GTFO
hero member
Activity: 546
Merit: 500
Hi, bros.

I'd like to introduce Latiumcoin.

Latium is PoS coin, which is distributed by just signup. It's free and wallet starts to minting perfectly. It's not harmful scam at all.
Its interest rate is 50% per year.

You will receive 5 Latium by signup, and you could earn more by making referral.

Dev is not willing to tell the total amount of coin, however he mentions that this distribution method will bring the people without professional knowledge of mining hardware and software.

Just let them know about Crypto and Latium, and help them to join the Latium network. It's free and will reward both you and your friends.

Please 'click' red link in my signature.

Have a good day!  Cheesy

MY Wallet screen shot: http://prntscr.com/3kihbk
hero member
Activity: 728
Merit: 500
Activity: yes
The difficulty dropped as expected and this coin opened its legs so the mining community can now rape it again.

Seriously dev, aren't you going to do something about this ridiculous diff adjustment ?

What about the 1440 Block Difficulty Adjustment? Any plans to change that?

This is ridiculous, once a multipool hit this coin it will be stuck in high diff forever.

If the difficulty goes up, wouldn't that make the price go up because miners will get fewer coins for the amount of electricity they're using to mine them, so they wouldn't be willing to sell for as low?

Are there any problems associated with having a high difficulty, and if so, what are they? Just wondering. Thanks.

The multipool will start to mine 1 block after Difficulty Adjustment and then stay for 1440 blocks mining with low difficulty,
After 1440 blocks the difficulty will sky rise because the huge hash power of the multipool so the multipool will leave.

The nethash will drop but the difficulty will remain high, blocks will take a lot of time to be solved and the chain might even get stuck (like 1 block each 5 hrs and so).
When the dedicated SLR miners will finally solve all 1440 blocks and a Difficulty Adjustment take place, the multipool come again and start this process again.

That is exactly what happened to RPC right before the first update.

Thanks for the explanation. I will forward this to the dev.
sr. member
Activity: 406
Merit: 250
Here we go kids, the price looks to be popping!  Shocked
hero member
Activity: 728
Merit: 500
Activity: yes
Order of over 50,000 SLR is mine. I try to buy Solars during last 2 week, but my order never is completed. I tried really every combination of price and number of bids. I think that almost all trades on Allcrypt are fake because it's impossible!

I have bought hundreds of thousands of SolarCoins on AllCrypt, so I can assure you the volume there is real.

If none of the sellers will dump into your bids, you just have to increase your bids or else buy at the ask. And if you're trying to buy several Bitcoins worth, you'd be wise to spread out your buying over a few weeks, to avoid moving the market too much via your own trades.

+1

I bought more then 150k Solarcoins @ allcrypt.
legendary
Activity: 1736
Merit: 1001
sr. member
Activity: 414
Merit: 250
Freedom through Cryptocurrency!
Order of over 50,000 SLR is mine. I try to buy Solars during last 2 week, but my order never is completed. I tried really every combination of price and number of bids. I think that almost all trades on Allcrypt are fake because it's impossible!

I have bought hundreds of thousands of SolarCoins on AllCrypt, so I can assure you the volume there is real.

If none of the sellers will dump into your bids, you just have to increase your bids or else buy at the ask. And if you're trying to buy several Bitcoins worth, you'd be wise to spread out your buying over a few weeks, to avoid moving the market too much via your own trades.
hero member
Activity: 644
Merit: 500
Wow! Slr at 1100 sat? That's nothing!
2 months ago I have sell more than 80k at 3200 in allcrypt.
Maybe some of you are new in allcrypt and don't have followed slr from the beginning.

They will rise,within next 2 years. That's only a little pump.
sr. member
Activity: 406
Merit: 250
Order of over 50,000 SLR is mine. I try to buy Solars during last 2 week, but my order never is completed. I tried really every combination of price and number of bids. I think that almost all trades on Allcrypt are fake because it's impossible!

They aren't fake.  Huh I try to put in low bids initially too when I am trying to buy. If nobody is willing to sell any to me at the lower levels within a day or two, I move the bid up or just buy at the offer so I can be done with it.

There's nothing fake about it that I can see. Am I missing something?
legendary
Activity: 1736
Merit: 1001
Order of over 50,000 SLR is mine. I try to buy Solars during last 2 week, but my order never is completed. I tried really every combination of price and number of bids. I think that almost all trades on Allcrypt are fake because it's impossible!

Its called hitting the ask i do it a few times a week
sr. member
Activity: 472
Merit: 250
Order of over 50,000 SLR is mine. I try to buy Solars during last 2 week, but my order never is completed. I tried really every combination of price and number of bids. I think that almost all trades on Allcrypt are fake because it's impossible!
sr. member
Activity: 414
Merit: 250
Freedom through Cryptocurrency!
I see all those 50,000 bids are gone this morning though and one big one for 100,000 solars is sitting there at 1090 sats.

I wonder if those 50,000 bids were fake, i.e. some miner wanting to sell at a higher price, trying to get the real buyers to increase their bids as a reaction to seeing so much buying interest on the book.

In any case, it seems to me that around 800 to 1000 sat is the rock-bottom price. I can't see it going much lower than that, because of the higher cost of mining the coin and the Foundation's interest in preventing a hung coin. Let's all hope the developer can implement KGW or some other technical fix ASAP.
sr. member
Activity: 406
Merit: 250
What do you guys make of all those §50,000 buy orders that showed up this morning? It has to be just one person. It adds up to over $3000. If he/she had done a market order with that instead, the price would have tripled.  Shocked

With the difficulty where it is, there are no new coins gonna be added to the market for another 42 hours unless some hashing power comes back. And nobody is dumping. Hmmm. Could be an interesting couple of days! Or a standstill.  Cheesy

Wouldn't have actually tripled though. Prices of anything are only subject to what someone is willing to pay for something. If someone put a buy order in for 3k "photons" (hah), then at that moment it would be worth 3k "photoshi's" Cheesy

In either case it's way undervalued at the moment and all this clever difficulty manipulation is only increasing the value over time, but only temporarily once those issues are resolved.

A market order with 8 bitcoins would have tripled the price as it would have eaten up all the sell orders that were posted on Allcrypt at the time I was checking that out. I wish they'd add a cumulative BTC column so I wouldn't have to keep adding up all the different orders. I should bring that up and see if he can implement it.

You are correct in terms of a limit order.

I see all those 50,000 bids are gone this morning though and one big one for 100,000 solars is sitting there at 1090 sats.
legendary
Activity: 1708
Merit: 1000
Solarcoin.org
Hi solarcoin community, I am EnergyCoin dev team member. And just noticed that solarcoin is stuck on high difficulty. I would like to help fix your difficulty problems. I know very well how to code, and another guy knows how to compile!

If you're interested let me know and I'll be happy to help you fix your coin problems.
++1

Why other coin's dev should help main solarcoin's dev?
I also want to have retarget BITCOIN difficulty cause is to high. Could you help me?

you don't understand cryptocurrencies. they aren't for devs and they aren't to be owned by devs. it is open source software and managed by communities, rather than one person. You cant rely on one person for everything.

I am okay if you don't really like someone helping you. Have fun.

EDIT:
And bitcoin IS STILL MANAGED by developers on here. Even if satoshi is not here doesn't mean we can let bitcoin just be dead or hacked. This is exactly why bitcoin is alive and will remain alive. Is because its open source software and backed by community.

I know...i was kidding.
You have to know that most of us already ask to solarcoin dev's to change the algorytm in x11 to prevent as much as possible asic coming on the way. But we didn't recieve answer, or at least what we know is that solarcoin main score is not' mining, cause 99,9% is already pre-mine, but claim them by solar panel.

So, we appreciate your help.  Wink

i dont understand the whole part of 'claim them by solar panel" does that mean it's manual. And you have to send your copies of papers or something to prove you own the equipments and then the dev team manually sends them solarcoins?

The granting process is manual at the moment, but that will change as technology is implemented. As far as the claiming process goes, for larger facilities there's logic being drafted and §SLR will be granted based on Nameplate capacity which is certified by the local institutions (I would assume local government) at the time of licensing. For smaller claims I don't have all the facts at the moment, something like verifiable meter readings and whatnot.
legendary
Activity: 1708
Merit: 1000
Solarcoin.org
What do you guys make of all those §50,000 buy orders that showed up this morning? It has to be just one person. It adds up to over $3000. If he/she had done a market order with that instead, the price would have tripled.  Shocked

With the difficulty where it is, there are no new coins gonna be added to the market for another 42 hours unless some hashing power comes back. And nobody is dumping. Hmmm. Could be an interesting couple of days! Or a standstill.  Cheesy

Wouldn't have actually tripled though. Prices of anything are only subject to what someone is willing to pay for something. If someone put a buy order in for 3k "photons" (hah), then at that moment it would be worth 3k "photoshi's" Cheesy

In either case it's way undervalued at the moment and all this clever difficulty manipulation is only increasing the value over time, but only temporarily once those issues are resolved.
legendary
Activity: 1736
Merit: 1001
Turn those machines back on!
sr. member
Activity: 414
Merit: 250
Freedom through Cryptocurrency!
I've been trying out leaserig.net tonight. I have to say, I'm kinda pleased with it.

Yes, I understand that it's cheaper to buy them from Allcrypt than to buy a lease and mine them with the difficulty where it is. But I'm delusional and want to put my money to work getting the hash power going again so the coming drop in difficulty doesn't exacerbate the whip-sawing situation we are facing right now... If that means I pay more for each  §, then so be it and ya'll can feel free to call me an idiot as well as delusional.   Kiss

It's just that I don't intend to sell until much, much higher so I'm willing to pay 1.5 cents per coin just as quickly as I'm willing to pay 0.5 cents per coin. A year from now when it's trading at $1, am I really going to regret that decision? I don't think so.  Grin

+1
sr. member
Activity: 414
Merit: 250
Freedom through Cryptocurrency!
Not that it matters but I used to be a G7 Index futures trader for a pension fund. It's been a number of years since I've done trading like that but much of it is like riding a bicycle when it comes to analyzing a market. Even though this isn't anywhere near the kind volume or value of what I traded back then, I've really been enjoying watching the market psychology surrounding this coin over the past couple of months.

The thing that I find so interesting is that the SolarCoin market is very atypical for cryptocurrencies. It trades a steady 1 to 2 BTC volume per day, most days, and it seems that there's very little short-term trading going on -- hardly any big swings based on momentum -- just miners steadily dumping their coins to long-term investors who accumulate. Almost all other cryptos have totally different trading patterns, with high-volume pumps or catastrophic declines. §SLR is incredibly boring from a trading perspective, but I think that's because everyone buying the coin is planning to hold for the long term. When the mining dries up -- either by switching to proof-of-stake or just through gradual decline of mining rewards -- there aren't going to be many sellers and the coins will become very scarce, because most of the people buying now are true believers in a $1+ valuation.
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