5 What does mining means for Altcoin?
Now we have the POS algorithm, even without mining, the network is secure. mining is just a way for coin distribution and not very environmentally friendly,do you know how many electricity been wasted by mining bitcoin? Bitcoin Mining Uses $15 Million's Worth Of Electricity Every ...i do believe if satoshi has a better way to distribute bitcoin, he will not choose mining method.
8 is it unfair to reduce blockreward again? or any risk?
even you are a miner mining Supercoin now, it‘s unfair for you, because you can not get many Supercoins with Multipool control the more than 80% everyday's coin supply, also Multipool keep dumping, the price will go lower and lower, you mining Supercoin may can not afford your mining cost now. is that fair for you?
if you are a Supercoin investor, it is truly unfair for your investment, because Multipool take the most part profit on all Altcoins. you investment wroth less everyday. it's unfair.
if you want to join Supercoin Community, it’s unfair for you to buy a coin and that coin price goes lower later.
risk: if we can handle this correctly, it may not take risk on Supercoin development, because many Altcoin update their source code several times, such as Darkcoin and XC coin.
Topic: [ANN][SUPERCOIN]First P2p Decentralized Trustless Anonymous Wallet Coming Soon - page 383. (Read 473526 times)
June 16, 2014, 03:56:54 AM
June 16, 2014, 03:55:44 AM
once investors get the all clear from poloniex then it should get interesting here, these levels will not be seen again. what pissing me off is why he is taking so long
June 16, 2014, 03:54:43 AM
People shouldnt support too high prices, but they do. Each and every "trader" or "buy and holder" has made the mistake. You can learn from it, or go on with it...
Your advice is to not invest in any PoW coin then.
Very wise indeed.
Hehe, you turn over my words. You can support pow, but every thing has his price wise man
. Most of you cant put a buyorder and wait till its filled. All greedy.What is your motivation to continue PoW? Greed or ideology?
June 16, 2014, 03:53:29 AM
once busoni has released statement, i think we should see it rise to new levels, if dev doesn't want to remove POW thats cool, it will just take a little longer, but i think 11k can be sustained, once this poloniex drama is over
June 16, 2014, 03:53:07 AM
Announcement
You can find on Play store my Supercoin price ticker Android app.
The app can be found within two hours(dependent on Google Play) on Google Play store by searching on the following:
- SUPER price
- SUPER price ticker
- Supercoin price
- Supercoin price ticker
- Price ticker
Or by going to the link: https://play.google.com/store/apps/details?id=nl.wiskunde.supercoin&hl=nl
My Supercoin donation address: SUrSKNEFPsWydQxzR6tRosSNeYyVZnWd8u
Sincerely,
Wiskunde
Twitter: https://twitter.com/@WISKUNDESTUDENT
You can find on Play store my Supercoin price ticker Android app.
The app can be found within two hours(dependent on Google Play) on Google Play store by searching on the following:
- SUPER price
- SUPER price ticker
- Supercoin price
- Supercoin price ticker
- Price ticker
Or by going to the link: https://play.google.com/store/apps/details?id=nl.wiskunde.supercoin&hl=nl
My Supercoin donation address: SUrSKNEFPsWydQxzR6tRosSNeYyVZnWd8u
Sincerely,
Wiskunde
Twitter: https://twitter.com/@WISKUNDESTUDENT
Supercoin(SUPER) price ticker is online! Go to Android Play store to download!
There is a problem with Google Play.
I will temporarely upload the file to: "
When the problem is fixed. I will delete the link.
Sincerely,
Wiskunde
Supercoin price ticker Android app is now downloadable via Google Play.
Sincerely,
Wiskunde
June 16, 2014, 03:51:24 AM
June 16, 2014, 03:50:41 AM
What are you trying to say? You think it has something to do with the chart?
Per definition its better to stop pow, for the bagholders, or not?
Per definition its better to stop pow, for the bagholders, or not?
You claim it is not good to be a bagholder for a PoW coin. That is equivalent to saying "don't invest in a PoW coin".
If people shouldn't own a coin, what is the purpose of the coin?
June 16, 2014, 03:49:39 AM
Lets stop all pow coins directly and make them pos! Bitcoin, Litecoin, Peercoin, and all others. That would be great!
Peercoin is PoS. Litecoin has gone steadily down since the beginning of the year.
And you are left with Bitcoin, which is the reference for the others.
Which leaves you with....NOTHING.
Case remains the same or not? All coins should stop pow fase according to bagholders.
People shouldnt support too high prices, but they do. Each and every "trader" or "buy and holder" has made the mistake. You can learn from it, or go on with it...
VRC has no working anon function, coins 26million coins yet it reached 28000 sats, current price around 11k, after POW we will have 18million, poloniex has obviously caused this drop. we only want POW to end so the rise can be sustained to higher levels. ofcourse when pow ends it shall rise again, but that is some time away.
coin is awesome, but id like sustained growth. VRC having 26million coins and being at 11k, shows how big of a opportunity it is. if it wasn't for poloniex we would be above 20k sats now. im hoping when busoni says we made a mistake and add super coin, people will start to pile in as we have a working anon function
June 16, 2014, 03:48:48 AM
People shouldnt support too high prices, but they do. Each and every "trader" or "buy and holder" has made the mistake. You can learn from it, or go on with it...
Your advice is to not invest in any PoW coin then.
Very wise indeed.
June 16, 2014, 03:48:33 AM
Let me explain some why we should not hardfork and stop PoW.
Each hardfork needs about 4 days time, cause a lot of communications needs to be done from our side. And we have already few days before the first halve. At current rate it's effect will be very less.
And there are many pools out there if we shut off PoW and they do not upgrade to newer version. (Because we are killing their business) We have some risk of network attacks (forks getting stronger). We don't know and can't control these. If you noticed we had more than 15 pools in the past. most of them still not very communicative. Very hard to reach them.
We have only 18m PoW coins to mine, and the rest will be PoS which is mostly not generates much because of movements to/from exchanges. also pos is good thing to advertise hold.
Each hardfork needs about 4 days time, cause a lot of communications needs to be done from our side. And we have already few days before the first halve. At current rate it's effect will be very less.
And there are many pools out there if we shut off PoW and they do not upgrade to newer version. (Because we are killing their business) We have some risk of network attacks (forks getting stronger). We don't know and can't control these. If you noticed we had more than 15 pools in the past. most of them still not very communicative. Very hard to reach them.
We have only 18m PoW coins to mine, and the rest will be PoS which is mostly not generates much because of movements to/from exchanges. also pos is good thing to advertise hold.
Community can help with communication work, it's simple
pool will updated their source if they want to mine Supercoin. no fear the hard fork. XC coins update their source many times.
still a very long time to mine is not good Supercoin, Multipool still control the total supply.
make the change and let's Community do the left works.
June 16, 2014, 03:47:31 AM
Let me explain some why we should not hardfork and stop PoW.
Each hardfork needs about 4 days time, cause a lot of communications needs to be done from our side. And we have already few days before the first halve. At current rate it's effect will be very less.
And there are many pools out there if we shut off PoW and they do not upgrade to newer version. (Because we are killing their business) We have some risk of network attacks (forks getting stronger). We don't know and can't control these. If you noticed we had more than 15 pools in the past. most of them still not very communicative. Very hard to reach them.
We have only 18m PoW coins to mine, and the rest will be PoS which is mostly not generates much because of movements to/from exchanges. also pos is good thing to advertise hold.
Each hardfork needs about 4 days time, cause a lot of communications needs to be done from our side. And we have already few days before the first halve. At current rate it's effect will be very less.
And there are many pools out there if we shut off PoW and they do not upgrade to newer version. (Because we are killing their business) We have some risk of network attacks (forks getting stronger). We don't know and can't control these. If you noticed we had more than 15 pools in the past. most of them still not very communicative. Very hard to reach them.
We have only 18m PoW coins to mine, and the rest will be PoS which is mostly not generates much because of movements to/from exchanges. also pos is good thing to advertise hold.
All you need is for the exchanges to adopt the new wallets. Make sure the new wallets reject any PoW blocks after a certain time and the conversion will go smoothly.
You will find that PoW is a huge burden. It is a security risk too. Coin2 had to undergo 3 new versions, each a result of an attack on PoW.
June 16, 2014, 03:45:00 AM
I did a deep analysis of all the filled orders from the available bids and times and sales given by bittrex to certain SUPER addresses.
I only looked at buyers who accumulated at least 1 BTC worth of SUPER from Jun 13th to Jun 16th.
After extensive compiling and filtering,
I found that about 72% of all the "smart money" still has SUPER in their wallets.
I found that around 30% or so, added more SUPER in the latter dates. Probably added to their position.
I found that around 40% or so, scaled out 50% or less of their total position.
I concluded that most of the recent selling must be due to either panic selling from small accounts, lack of bids in the order book, or the so called massive "multipool" dumping.
For example,
SVetCAJU1bTvYER4kxEo4uXcG3g7h3PtJm
Bought ~203800 SUPER. Paid ~5 BTC or so.
The above is only for your information. Don't take any investment advice without considering the risks.
I only looked at buyers who accumulated at least 1 BTC worth of SUPER from Jun 13th to Jun 16th.
After extensive compiling and filtering,
I found that about 72% of all the "smart money" still has SUPER in their wallets.
I found that around 30% or so, added more SUPER in the latter dates. Probably added to their position.
I found that around 40% or so, scaled out 50% or less of their total position.
I concluded that most of the recent selling must be due to either panic selling from small accounts, lack of bids in the order book, or the so called massive "multipool" dumping.
For example,
SVetCAJU1bTvYER4kxEo4uXcG3g7h3PtJm
Bought ~203800 SUPER. Paid ~5 BTC or so.
The above is only for your information. Don't take any investment advice without considering the risks.
June 16, 2014, 03:43:48 AM
Haha, are you a child who thinks "if i ask enough, i will get it"?
Probably you can also send some letters to the Gov (Fed)? That would really help
Probably you can also send some letters to the Gov (Fed)? That would really help
Name some more PoW coins so we can go look at the price charts....
Still waiting on those names.
June 16, 2014, 03:42:06 AM
Lets stop all pow coins directly and make them pos! Bitcoin, Litecoin, Peercoin, and all others. That would be great!
Peercoin is PoS. Litecoin has gone steadily down since the beginning of the year.
And you are left with Bitcoin, which is the reference for the others.
Which leaves you with....NOTHING.
June 16, 2014, 03:40:29 AM
Let me explain some why we should not hardfork and stop PoW.
Each hardfork needs about 4 days time, cause a lot of communications needs to be done from our side. And we have already few days before the first halve. At current rate it's effect will be very less.
And there are many pools out there if we shut off PoW and they do not upgrade to newer version. (Because we are killing their business) We have some risk of network attacks (forks getting stronger). We don't know and can't control these. If you noticed we had more than 15 pools in the past. Most of them still not very communicative. It's very hard to reach them.
We have only 18m PoW coins to mine, and the rest will be PoS which is mostly not generates much because of movements to/from exchanges. also pos is good thing to advertise hold.
Each hardfork needs about 4 days time, cause a lot of communications needs to be done from our side. And we have already few days before the first halve. At current rate it's effect will be very less.
And there are many pools out there if we shut off PoW and they do not upgrade to newer version. (Because we are killing their business) We have some risk of network attacks (forks getting stronger). We don't know and can't control these. If you noticed we had more than 15 pools in the past. Most of them still not very communicative. It's very hard to reach them.
We have only 18m PoW coins to mine, and the rest will be PoS which is mostly not generates much because of movements to/from exchanges. also pos is good thing to advertise hold.
June 16, 2014, 03:35:54 AM
Dev do you notice that Multipool keep do big harm on supercoin now???
why not end it. they are vampire, we are superman. no fear to fight with them.
But it seems there are too many vampires now. Dev Please end them.
i run Multipool i know this.....
why not end it. they are vampire, we are superman. no fear to fight with them.
But it seems there are too many vampires now. Dev Please end them.
i run Multipool i know this.....
June 16, 2014, 03:35:20 AM
At worst, eliminating PoW stabilizes the price. Nothing is to be gained from a runaway money supply. People are invested. The coin is distributed. Every PoW coin will get dumped to non-existence over time. That's just a fact of life. PoW is not needed, so end it.
i also agree with to cut pow directly like XC coin or at a very low pow reward like Darkcoin( Average 10 coin now, Check it here http://chainz.cryptoid.info/drk/).
Dev, make Change, Please.
Change will take Supercoin go further.
If the premine is a worry, just burn the appropriate number of coins to adjust the premine to the new coin total:
June 16, 2014, 03:32:41 AM
Completely agree with dev. Already reduced pow from 50 mil to 18 mil, and block will halve soon. No need to further make hardforks. I understand every holder of SUPER wish that no more supply, so his coins will worth more. But on the other hand, let's be reasonable. A coin's price is mainly ruled by the traders. I saw last 24 hrs trading volume is 210 BTCs in bittrex for Supercoin. Daily generation is 1.6 BTC as dev said, and not all are dumped. So there's absolutely no need to further reduce, we just shoot our own foot that way, it will not help price.
At worst, eliminating PoW stabilizes the price. Nothing is to be gained from a runaway money supply. People are invested. The coin is distributed. Every PoW coin will get dumped to non-existence over time. That's just a fact of life. PoW is not needed, so end it.
i also agree with to cut pow directly like XC coin or at a very low pow reward like Darkcoin( Average 10 coin now, Check it here http://chainz.cryptoid.info/drk/).
Dev, make Change, Please.
Change will take Supercoin go further.
June 16, 2014, 03:23:57 AM
Completely agree with dev. Already reduced pow from 50 mil to 18 mil, and block will halve soon. No need to further make hardforks. I understand every holder of SUPER wish that no more supply, so his coins will worth more. But on the other hand, let's be reasonable. A coin's price is mainly ruled by the traders. I saw last 24 hrs trading volume is 210 BTCs in bittrex for Supercoin. Daily generation is 1.6 BTC as dev said, and not all are dumped. So there's absolutely no need to further reduce, we just shoot our own foot that way, it will not help price.
At worst, eliminating PoW stabilizes the price. Nothing is to be gained from a runaway money supply. People are invested. The coin is distributed. Every PoW coin will get dumped to non-existence over time. That's just a fact of life. PoW is not needed, so end it.
[edit]
If the premine is a worry, just burn the appropriate number of coins to adjust the premine to the new coin total:
June 16, 2014, 03:20:20 AM
Finally some buys coming in for Super.
Some insider info!!!!
atleast we have a lot of interest with this scandal.
And hopefully all the issues are resolved soon- reduce POW block and others and polo- and panic buys
)
Some insider info!!!!
atleast we have a lot of interest with this scandal.
And hopefully all the issues are resolved soon- reduce POW block and others and polo- and panic buys
) Jump to: