[ANN][SLR] SolarCoin - PoW reward for solar energy | the GREEN KING of Crypto - page 66.

BG4

legendary

Activity: 1006

Merit: 1024

PaperSafe

Quote from: Vexatious on March 29, 2014, 10:52:41 PM

Quote from: BG4 on March 29, 2014, 10:22:23 PM

Quote from: romang on March 29, 2014, 10:18:11 PM

Quote from: BG4 on March 29, 2014, 10:12:46 PM

my 6.72 Kw Solar system has produced 14,735Kw/h...in the last year and a half....So I would only get 14 coins for my systems work.....

But My computer with 2 GPUs that use 8.4KW/hs a day could make Thousands....

Am I missing something here? Huh

??

It's called getting in on the ground floor

If this catches on then it will be a lot harder to mine them. Plus block halving every year.

I got in on the ground floor 1.5 years ago when I Signed the Power purchase agreement and powered my house with solar....

Should have been 1 coin for every KW/h generated....lol...Id be solarcoin rich lol

Fast forward 5 years when mining is essentially complete and those 14 coins start to look pretty good if we reach or exceed the target value of $20-$30 per coin.

The time horizon is the key. Another important time milestone is when we reach the inflection point where the number of coins being distributed via generation crosses over and begins to exceed those being distributed through mining. How long that takes depends entirely on the success of the grant program and how efficient the foundation is in rolling that out. So far it seems to me they are on track and working very hard on that side of things. If things do go according to plan, I expect we will see that inflection point within 2-3 years. But that is just a guess. There are too many variables at play right now and too many unknowns to know exactly when that will be. It could be much sooner than that if bigger players get involved early (solar farms, etc.).

It is because of all of these factors that I am quite comfortable sitting back and taking a longer-term view of things and trying not to get caught up in the short term issues that are really just noise that will fade quickly and dissipate over time.

Completely understood!!!... But I mine bitcoins with solar power on P2pool...I only mine to single address and dont spent the coins....
basicly a wallet with gereration coins.... ( coins with no input ) as reward for finding blocks...I highly prized these coins as long tern investments in bitcoins......Non traceable coins.. sorta..And feel they will be worth more in the future...( with US regs and all )

So in my mine I have solar bitcoin of the generation varity.....any on know what that transfersrate is into real solar coins? Huh

?

jepistons

sr. member

Activity: 252

Merit: 250

People are fools that will sell each slr coin under usd 1.00 which is happening now buy/mine/pow do all three and hold for the long run https://www.allcrypt.com/market?id=229 to buy iam going to put some btc on it soon

Vexatious

member

Activity: 119

Merit: 10

Quote from: BG4 on March 29, 2014, 10:22:23 PM

Quote from: romang on March 29, 2014, 10:18:11 PM

Quote from: BG4 on March 29, 2014, 10:12:46 PM

my 6.72 Kw Solar system has produced 14,735Kw/h...in the last year and a half....So I would only get 14 coins for my systems work.....

But My computer with 2 GPUs that use 8.4KW/hs a day could make Thousands....

Am I missing something here? Huh

??

It's called getting in on the ground floor

If this catches on then it will be a lot harder to mine them. Plus block halving every year.

I got in on the ground floor 1.5 years ago when I Signed the Power purchase agreement and powered my house with solar....

Should have been 1 coin for every KW/h generated....lol...Id be solarcoin rich lol

Fast forward 5 years when mining is essentially complete and those 14 coins start to look pretty good if we reach or exceed the target value of $20-$30 per coin.

The time horizon is the key. Another important time milestone is when we reach the inflection point where the number of coins being distributed via generation crosses over and begins to exceed those being distributed through mining. How long that takes depends entirely on the success of the grant program and how efficient the foundation is in rolling that out. So far it seems to me they are on track and working very hard on that side of things. If things do go according to plan, I expect we will see that inflection point within 2-3 years. But that is just a guess. There are too many variables at play right now and too many unknowns to know exactly when that will be. It could be much sooner than that if bigger players get involved early (solar farms, etc.).

It is because of all of these factors that I am quite comfortable sitting back and taking a longer-term view of things and trying not to get caught up in the short term issues that are really just noise that will fade quickly and dissipate over time.

BG4

legendary

Activity: 1006

Merit: 1024

PaperSafe

Quote from: drizzle2405 on March 29, 2014, 10:34:24 PM

For you guys complaining about the exchanges... The exchanges are free markets just like everything else. For every person that dumps, there is someone buying. The ones buying at low prices are most likely going to hold for some sort of increase. Over due time, this will become more and more popular, creating a higher demand and there will not be enough mined coins to meet that demand. Again the PoW system will generate the majority of the coins, NOT the mining.

Being on exchanges will give more people a chance to get them, not just miners. If you are looking for a quick gain, it's not going to happen until the demand takes off. It's just like any other exchange.

As the goal of this system goes into effect and more people do start to create solar energy, and the delivery of solarcoins become valuable to the solar community and general public as a whole, this coin will take off.

You cannot think short term here, you need to think LONG term. Remember bitcoin had no value in the beginning either. As a matter of fact, the solarcoin dev team estimate for 2014 was $0.01. Ohh wow, we have already hit that mark...

http://wiki.solarcoin.org/index.php?title=Lower_Carbon_currency

My solar system will only produce me 240 coins in its 20 year life....

Dont get me wrong......Solar and crypto coin.....ALL In one....Im in !!!!

I just feel I should be a head of the game alittle bit more with a 20 year projection of only 240 coins....

Dont get me wrong here...I am a supporter of this project.....Im just thinking out loud....Should I buy Solar coins with the solar mined bitcoins? Huh

What will be the long term benifit...

What is the bitcoin to solarcoin ratio at present time???

Low power asic coin should have been a better choice

romang

member

Activity: 112

Merit: 10

Quote from: drizzle2405 on March 29, 2014, 10:34:24 PM

For you guys complaining about the exchanges... The exchanges are free markets just like everything else. For every person that dumps, there is someone buying. The ones buying at low prices are most likely going to hold for some sort of increase. Over due time, this will become more and more popular, creating a higher demand and there will not be enough mined coins to meet that demand. Again the PoW system will generate the majority of the coins, NOT the mining.

Being on exchanges will give more people a chance to get them, not just miners. If you are looking for a quick gain, it's not going to happen until the demand takes off. It's just like any other exchange.

As the goal of this system goes into effect and more people do start to create solar energy, and the delivery of solarcoins become valuable to the solar community and general public as a whole, this coin will take off.

You cannot think short term here, you need to think LONG term. Remember bitcoin had no value in the beginning either. As a matter of fact, the solarcoin dev team estimate for 2014 was $0.01. Ohh wow, we have already hit that mark...

http://wiki.solarcoin.org/index.php?title=Lower_Carbon_currency

Totally agree

romang

member

Activity: 112

Merit: 10

Quote from: BG4 on March 29, 2014, 10:22:23 PM

Quote from: romang on March 29, 2014, 10:18:11 PM

Quote from: BG4 on March 29, 2014, 10:12:46 PM

my 6.72 Kw Solar system has produced 14,735Kw/h...in the last year and a half....So I would only get 14 coins for my systems work.....

But My computer with 2 GPUs that use 8.4KW/hs a day could make Thousands....

Am I missing something here? Huh

??

It's called getting in on the ground floor

If this catches on then it will be a lot harder to mine them. Plus block halving every year.

I got in on the ground floor 1.5 years ago when I Signed the Power purchase agreement and powered my house with solar....

Should have been 1 coin for every KW/h generated....lol...Id be solarcoin rich lol

Hehe

drizzle2405

legendary

Activity: 1148

Merit: 1000

For you guys complaining about the exchanges... The exchanges are free markets just like everything else. For every person that dumps, there is someone buying. The ones buying at low prices are most likely going to hold for some sort of increase. Over due time, this will become more and more popular, creating a higher demand and there will not be enough mined coins to meet that demand. Again the PoW system will generate the majority of the coins, NOT the mining.

Being on exchanges will give more people a chance to get them, not just miners. If you are looking for a quick gain, it's not going to happen until the demand takes off. It's just like any other exchange.

As the goal of this system goes into effect and more people do start to create solar energy, and the delivery of solarcoins become valuable to the solar community and general public as a whole, this coin will take off.

You cannot think short term here, you need to think LONG term. Remember bitcoin had no value in the beginning either. As a matter of fact, the solarcoin dev team estimate for 2014 was $0.01. Ohh wow, we have already hit that mark...

http://wiki.solarcoin.org/index.php?title=Lower_Carbon_currency

BG4

legendary

Activity: 1006

Merit: 1024

PaperSafe

Quote from: romang on March 29, 2014, 10:18:11 PM

Quote from: BG4 on March 29, 2014, 10:12:46 PM

my 6.72 Kw Solar system has produced 14,735Kw/h...in the last year and a half....So I would only get 14 coins for my systems work.....

But My computer with 2 GPUs that use 8.4KW/hs a day could make Thousands....

Am I missing something here? Huh

??

It's called getting in on the ground floor

If this catches on then it will be a lot harder to mine them. Plus block halving every year.

I got in on the ground floor 1.5 years ago when I Signed the Power purchase agreement and powered my house with solar....

Should have been 1 coin for every KW/h generated....lol...Id be solarcoin rich lol

romang

member

Activity: 112

Merit: 10

Quote from: BG4 on March 29, 2014, 10:12:46 PM

my 6.72 Kw Solar system has produced 14,735Kw/h...in the last year and a half....So I would only get 14 coins for my systems work.....

But My computer with 2 GPUs that use 8.4KW/hs a day could make Thousands....

Am I missing something here? Huh

??

It's called getting in on the ground floor

If this catches on then it will be a lot harder to mine them. Plus block halving every year.

People with an old computer in 2009 could mine 1000's of bitcoins where they also missing something?

I hope this works out for every one here

BG4

legendary

Activity: 1006

Merit: 1024

PaperSafe

my 6.72 Kw Solar system has produced 14,735Kw/h...in the last year and a half....So I would only get 14 coins for my systems work.....

But My computer with 2 GPUs that use 8.4KW/hs a day could make Thousands....

Am I missing something here? Huh

??

This doesn't seem to have anything to do with renewable solar energy...only mining an altcoin with a green conscious? Huh

romang

member

Activity: 112

Merit: 10

Quote from: markymark on March 29, 2014, 09:13:59 PM

ANYONE who sells SLR for less than $1 is a total fool. This thing is going TO THE SUN!

Amen

romang

member

Activity: 112

Merit: 10

Quote from: markymark on March 29, 2014, 09:13:59 PM

ANYONE who sells SLR for less than $1 is a total fool. This thing is going TO THE SUN!

Yup this reminds me of the days when bitcoin was penny's

markymark

newbie

Activity: 19

Merit: 0

ANYONE who sells SLR for less than $1 is a total fool. This thing is going TO THE SUN!

DerErsteMensch

newbie

Activity: 20

Merit: 0

Quote from: ?? on ??

The coinmktcap twitter account says that they're going to add it tonight.

Buckle up.

They already added SolarCoin to the list Wink

romang

member

Activity: 112

Merit: 10

If they go to $1 and u buy 9000 coins there u go

mannie

full member

Activity: 168

Merit: 100

Quote from: badam on March 29, 2014, 06:34:59 PM

Quote from: mannie on March 29, 2014, 04:41:05 PM

The 24hr volume needs to go over $9000ish and this will drop in at #3

It won't because of the low volume of the total mined balance. So because the premine is locked it will never go over 125 and will always stay at the low volume market. There is only 105 million possibly mineable so basically the stored 97% premine keeps it in the low volume market.

It could if it got on a more popular exchange and people start trading back and forth on the margin

badam

hero member

Activity: 770

Merit: 500

Quote from: mannie on March 29, 2014, 04:41:05 PM

The 24hr volume needs to go over $9000ish and this will drop in at #3

It won't because of the low volume of the total mined balance. So because the premine is locked it will never go over 125 and will always stay at the low volume market. There is only 105 million possibly mineable so basically the stored 97% premine keeps it in the low volume market.

mannie

full member

Activity: 168

Merit: 100

The 24hr volume needs to go over $9000ish and this will drop in at #3

romang

member

Activity: 112

Merit: 10

fabula

hero member

Activity: 644

Merit: 500

Look right allcrypt.

Some minutes ago buy order was at 0.00002010.
Now DUMPED at 0.00001551

Until miners continue to sell them at point they reach 0.00002010, theyr price never rise.

Topic: [ANN][SLR] SolarCoin - PoW reward for solar energy | the GREEN KING of Crypto - page 66. (Read 138368 times)