Topic: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh) - page 123. (Read 466802 times)

They are listing it in the Coin Market Cap at 98 Billion and topping BitCoin in Market Cap, this is the only reason I say that.

The increase in participants are not buying coin, they are granted coin, when we talk about liquidity we mean merchants being able to sell in order to become Liquid. So liquidity is not increased if they have to compete with 98 Billion Coins being claimed by claimers for free. More network participants means more transactions but to who? If the participants buy things with SLR then Merchants must get liquidity. So we hope for buying SLR from anyone other than day traders at low buys? Who buys high and sells low? How does this substantiate a market cap when there is no backing to the coin other than people own 33 Million of 98 Billion. Multiplication makes the numbers correct, yet the coin is not disbursed to show what the real Cap would be backed by nothing but free coin again.

What incentives do people have to take their Money and Buy BitCoin to then Buy SolarCoin. It is cheaper to buy the actual coin than it is to claim so at this point it doesn't even make sense to buy Solar with your money and claim. So in this respect SLR is severely undervalued but even if it boosts up, when it hits that threshold or highest possible price, who will buy then? This is the ultimate dilemma! A Leaky Ceiling! What makes people buy other than profit taking, and if people can claim for free... who buys those coins and sustains the higher output price in order to substantiate buying Solar just to claim?

You can see it is so close to being solidified we just need the magic number and a roll in of the 33 Million.

Do you think these claimers want to get what they Claimed for? A way to get money as a credit for claiming? If the incentive was to hold it and not sell it then the market cap could be what it is, but the real world means as soon as the price goes up more of the 98 Billion may be claimed to sell and that money never comes back in, so the price per coin must come down due to selling. They will be selling to the low buys too. It is a perpetual mechanism that will happen 98 Billion times and then over and over until it crashes. So the sooner it gets to 1 satoshi and stays there the better, so the coin could be stabilized. Then SLR will really understand oh wow that CryptoNick was right we needed a Magic Number and let the Liquid side do whatever it does with no real effect other than Liquidity which could always stay at 1 satoshi and still support a 1 Billion dollar market. Whew hope the Devs and Community finally see the light but I think the light is glaring off the panels right now distracting them.

hi, forget about 98 billion coins. the amount of subsidies is so small that their market will not notice. but largely solve the problem of subsidies coin network (a la nick gogerty). ie the expansion of the network increases liquidity. electricchain.org tool is designed to increase the number of network participants.

sorry for Google translator ^^

Hi all, for those around Paris on 14th and 15th june, there is a nice conference where big actors will give their feedbacks/needs about future blockchain use /proof of concept. Engie will be there, i think there is a room for lobbying here. There is also a possibility to present future project to submit solution to these huge actors.
All info here http://www.ima-dt.org/conferences/detail/13674-it-innovation-forum.html

Ok! You asked for it... You got it! Toyota...

The market cap should not be based on 98 Billion Coins, it should be the 33 Million or what is in circulation. Anyone could make a coin and have that kind of market cap just trading to themselves, or why not create 1 Trillion coins just for fun and top the charts.

If the Claim coin were part of the market cap it would deluge the buys and the actual price per coin would be 1 satoshi. This would be a good thing though since it would now be a stable coin. Then SLR just needs to wait for BitCoin to go up in value to make the SLR worth more! So once BitCoin hits $100,000 per coin SLR will be at 1 penny and Market Cap will be about 1 Billion if we are using the 98 Billion instead of the 33 Million. Not to mention there is no real market cap unless every Claimer is putting up their SolarPanels as Backing to investors.
 
Now you can get rid of the day traders too while stabilizing the merchants liquidity! There you go!

You seriously don't understand the drag on the market you're doing?  Who do you think is paying for your coins?  People are buying into the cause while you trim the growth to buy your shares…dumping whatever you feel, whenever you feel.

Nice argument - it's been going up? Of course it has! Even with 10 dumpers it will still go up. It could be 3 times the price right now if dumpers weren't dumping. If we all decided to sell into the buy periods and buy back into the sell periods it would go nowhere…we know that, but somehow you don't, and believe that it's your right?  It's all of our right - ?! - but we believe in the cause.

Anyhow, done with this conversation….there will always be ppl like you.

Yes the dumpers must have dragged the price down all the way from 0.0000200 to 0.00019000. You are hilarious

Eidt: Oh and when I sell i put in on the Asks and I don't dump to hurt my own investment. With this kind of demand there is no need to dump

Well given the price acation I hope the dumpers are out of the picture. There are still some very large holders of SLR. I just hope that they decide to hold instead of crashing the marekt.

There are many that have "done their part" over the last couple of years…I mined many coins myself prior to PoSv.

The problem is the large/continuous dumpers that drag the price down.

Totally agree about the last opportunity to gather some SLR in this price range  - to the Sun!

Hi, could someone from the core team follow the requirements to add Solarcoin to Bitsquare - https://forum.bitsquare.io/t/how-to-add-your-favorite-altcoin/46

I think Solarcoin is unique and interesting enough for them to possibly add SLR without much encouragement...

Yeah . I completely agree. A working market with both sellers and buyers is mandatory for a good coin.

Everybody relax. Buyers and Sellers are good for the market they bring liquidity. What isn't good is a massive pump and a massive dump. The price is good so no need to fight amongst each other. I do feel like this might be one of the last times to get SLR under .10 cents. I've done my part over the years buying up SLR so nowe I'm just going to sit back and ride my rocket. If it hits a dollar I migot even go buy a rocket hahah 

come on on, sell to my 8btc buy support

I hope Epiphany still holds a few coins and has been keeping an eye on recent developments. If you are still out there Epiphany, things are going well and we have found the ghost:)