Topic: [ANN][STACK] StackCoin - Get in Now - #Fast Decrease# [Launch 22/02/2014] - page 48. (Read 105528 times)

Hi Guys, our pool is now open for preregistrations for Stackcoin, one of the most exciting coins we've seen recently, it definitely isnt just another Altcoin.

http://stackcoin.minercorp.net/  a European based PPLNS mining pool with 0.5% fee and fast confirmations

sign up now and be ready for the launch!

Thanks,

Karr1981

man, if more people are gonna invest, we will end up terribly and Im sure they will.
you Stackcoin guys shouldnt show up that cool looking wallet, it is contra - productive right now.
You shoul do it after IPO, so it would be attractive for new people to buy it at exchange.
It is possible that your community wil consist mainly of frustrated people.

Welcome to the planet.


The earth is a sphere, it's turning. Whenever the sun (our local star) is at its highest point during the day, the people call it noon. Very often that is close to 12 o'clock lunchtime. But as the earth is turning, the sun is in that noon spot at a different absolute time for each spot. As there is no absolute spot on the round earth, people invented one ... and because back then the empire wasn't the US but the UK, they placed in in Greenwich, England, which is an island on the fringe of Europe (that peninsula in the West of the Asian continent).  They called it GMT "Greenwich Mean Time", and probably that newer empire later renamed it to "Coordinated Universal Time (UTC)" http://www.timeanddate.com/time/aboututc.html

Depending on how many hours earlier your noon happens, you get so many "+" for your timezone. e.g. UTC+4 is Moscow = 4 hours earlier noon than Greenwich.
Depending on how many hours later your noon happens, you get so many "-" for your timezone. e.g. UTC-11 is Samoa = 11 hours later noon than Greenwich.

All US timezones have a minus because the US noon happens after the European noon.

Ever wondered about the new years eve champaign kling klang moments around the planet? Same same.
Someone in Moscow is in the new year fifteen hours earlier than someone from the birthplace of this coin.



Find out in which timezone you live: http://www.timeanddate.com/library/abbreviations/timezones/eu/

if it is e.g. UTC + 4 hours and you want to
translate to UTC - 11 hours, then you know ...

... they have their noon
+4 - - 11 = + 4 + 11 = 15 hours later than you have your noon.

Or their midnight, in this case.

I just invested.

Waiting for the email reply and my investor ID.
 
Love the looks of the wallet

It will launch in 11 hours and 50 minutes

Man get better glasses, if your eye sight is that bad.

 

studying duckduckcoin when investing into stackcoin might make sense.

The coin is only 11 days old, but already deserted.

mainduck (the "Stack-Coin" of the duckduckcoin thread) has not posted for three days, not in his own thread, nowhere. They took in almost 100 BTC in their IPO (but they offered much more % of their currency for it than stackcoin). Where are they?

Noone is taking care of duckduckcoin,
apart from some 65 megahash/s of miners.
When those switch off, too, the coin becomes unsafe
- but actually profitable to mine again :-)
That might turn the fate ??
At the moment mining duckduckcoin is about as profitable as coinyecoin. Very low Satoshi price, but also ridiculously low difficulty.


The BUY price of duckduckcoin right now is at 4.571
https://cryptorush.in/index.php?p=trading&m=DUCK&b=BTC

the IPO price was at  95.52381955 / 20.57 = 4.64

So an IPO holder can sell now his duck worth 1.06384032 BTC (because that much is offered at a price of 4.571)
and make  1.5% profit.  Everyone else after him will make less.


Where's the similarities, where's the differences?

yeah i reckon that 1st stage investors will gain 5x more stack than 2nd stage investors with the same amount of btc. sucks though but thats life early bird always catches the worm can't bend the rules. I wished I invested earlier.  

But where do you get the 2 Satoshi from? Is it fictional?

There are a couple of coins which are trading for much less than 1 Satoshi per coin.


And a miner ... at difficulty 5.0 ...
could dump the coin for 0.5 Satoshi,
and still make a happy 0.02 BTC per Megahash/s per day,
and that's almost twice as much as middlecoin.

What stops miners from dumping the coin for a price that is below the IPO stage 2 price?

Knowing there are a hundred coin owners who didn't really invest anything but a few bitcoins - No time, no hardware, no competence or knowledge, no effort. Just their money. A bit of risk.

What stops an IPO stage 1 participant from dumping when he is at 142% ROI?  
The dump could be a real rush.
For the stage 1 people - and remember they can flood the market with 4,000,000,000 cheap coins - that 142% price is at 0.5 Satoshi per Stack.

The block reward is gigantic.



It's an interesting game to predict a price of a coin which hasn't even been born yet.


 

for me it shows over 12 hours.

Is it that old stupid local-time-of-your-browser bug?




It's quite clearly stated:


The only timezones with (UTC -11) I could find are
http://www.timeanddate.com/library/abbreviations/timezones/pacific/sst.html SST – Samoa Standard Time
http://www.timeanddate.com/library/abbreviations/timezones/pacific/nut.html NUT – Niue Time

you can make you own countdown and timezone converter there

I made a spread sheet with the current investors listed, and did some calculations. If you get send 1 BTC, right now you will get  90,188,666.73 STACK. This number decreases for every new investor and BTC included.

However at this point, you ROI even if you sell at 2 satoshis. It can still accommodate up to 26+ BTC worth of investors at the 2 satoshi trading level.

Here's hoping it will go up more than that, and investors don't just dump. (You can't dump anyway since you only get 10% per day, so you wait 10 days to get your 100% investment.)

In the mean time, I set up accounts on several pools, and put them in my cgminer.conf, so the top 3 priority pools are STACK pools, and everything below is whatever coin is being mined, and at the bottom are all the profit switching pools, just in case.

I asked them once and he said they are using the server time on the website which is not the correct time.

http://www.timeanddate.com/worldclock/fixedtime.html?msg=StackCoin+Launch&iso=20140222T00&p1=1890

That's only true if you are an investor in stage 1 AND in stage 2.

Those two pots are not mixed, however.


The stage 1 investors will profit for sure, because they bought for  0.353  Satoshi per stack.  Lucky them.
4 billion STACK for 14.1294 BTC =  283,097,655  STACK per BTC



The stage two 2.72 billion will be distributed according to the total BTC minus 14.1294 BTC of stage 1

And it's already looking not very attractive anymore.
2.72 *10^9 STACK / (48.91 BTC - 14.13 BTC) =  78,204,286 STACK per BTC

If stage 2 ended now, the stage 2 investors would get their stacks for 1.279 Satoshi per STACK.


Now,
in the remaining 12 hours
more people will pour more money into that pot,
and that price will get much worse, I guess.

Or many people ask for refunds, and the price improves again. Unlikely, though.

why does the lates altcoin list shows 5 hrs until launch and the website shows over 18 hrs until launch

We both were wrong.

So I think it's gonna be like this, because the shares for the 1st one are already calculated/given:



2.72  / (TOTAL BTC - 1ST IPO BTC)

Because the value of 1st IPO was 14.13 BTC and it's right:

4 bilion / 14.13 BTC = 283 milion STACK per BTC


then 2nd IPO at the moment:

2.72 bilion / (48.03 - 14.13) = 80 milion

then 8 milion per 0.1 BTC

http://stack-coin.com/mining-stackcoin/

No worries, i thought as much. It crazy when dealing with Billion coins, i wonder how Bill Gates survives