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Topic: [ANN][SYN] SynCoin | [NO PRE-M][Auto Reward, Anti-ASIC] - page 5. (Read 60671 times)

member
Activity: 112
Merit: 10
the point is why i want to mine this, when even at 1k diff my reward will be the same?

Coin is dead?

can't be dead because reward is always the same , the hashrate doesn't matter lol

if you are making 1k coin per day now, you will be making the same amount even at 10k diff...
So coin just zombies now? Grin
 Hashrate is 29MHs total now. Undecided
Do you think it is still waiting for a breakthrough?

Yes,  its waiting for an exposure breakthrough. People are relucent to mine this coin because don't understand a coin that isn't a pump and dump. They bitch about a big premine this coin has 0.
The best part about this coin is the hash rate doesn't matter the lower the hash rate the less syncoins. The current reward is around 9.67 Syncoins per block, think the highest reward was 120 Syncoins per block. Around 3350 blocks have been found so far. My guess without looking it up because I have work to do is there is 1.7 million Syncoins total right now and I would guess that's even too high. That would still make this one of the rarest altcoins out there. That's the beauty of this coin is that it has a built in supply and demand function. Right now the demand isn't there for this coin so the block reward sucks. When the demand goes up, the hash rate goes up, and so does the reward per block. When this gets on an exchange it will help with the demand if the price is right.
Yes,  there is just one dev developing this coin currently. I am sure he/she has a real life job to work at as well so it will take time for one person to get everything coded. If someone on this forum could help them I am sure they would take it. I couldn't imagine them saying no. Since there was no premine for this coin there isn't any big bounties. I am sure that's whats keeping other devs away currently. As a community the more we donate back to the dev the more likely their going to start offering bounties to help with development. I could also have rose colored glasses on but I will keep mining this coin till the dev stops supporting coin.

THIS.
I'm trying to get bounties up but SYN is pretty rare Wink No premine means any funds I have are totally self-mined with my crappy 120 kh graphics card.

Ironically, I own a IRL pair of rose-colored glasses -- and --
Supply and demand is the name of the game.
member
Activity: 112
Merit: 10

What hapenned with the coin ?

very funny to see CrapCoins falling to the hell with retarder dev behind



Can you stop? The only retarded person on this entire thread is you Grin
sr. member
Activity: 434
Merit: 251

What hapenned with the coin ?

very funny to see CrapCoins falling to the hell with retarder dev behind

full member
Activity: 170
Merit: 100
sr. member
Activity: 406
Merit: 250
Hello! Send me a message.
there will be no dumping that will happen because whales did not enter this coin. Development is slow though.

How is the development slow? I think it's pretty fast for just me Roll Eyes

I know you are a great dev, just being honest overall compared to other coins. Syncoin is a great product but without a good team/business behind it... it will take a while.

Have you tried to recruit other devs? what are the bounty they require?

I think the total of 250 billion is a turnoff to other miners if they see that they are only getting 100 SYN/day
newbie
Activity: 14
Merit: 0
the point is why i want to mine this, when even at 1k diff my reward will be the same?

Coin is dead?

can't be dead because reward is always the same , the hashrate doesn't matter lol

if you are making 1k coin per day now, you will be making the same amount even at 10k diff...
So coin just zombies now? Grin
 Hashrate is 29MHs total now. Undecided
Do you think it is still waiting for a breakthrough?

Yes,  its waiting for an exposure breakthrough. People are relucent to mine this coin because don't understand a coin that isn't a pump and dump. They bitch about a big premine this coin has 0.
The best part about this coin is the hash rate doesn't matter the lower the hash rate the less syncoins. The current reward is around 9.67 Syncoins per block, think the highest reward was 120 Syncoins per block. Around 3350 blocks have been found so far. My guess without looking it up because I have work to do is there is 1.7 million Syncoins total right now and I would guess that's even too high. That would still make this one of the rarest altcoins out there. That's the beauty of this coin is that it has a built in supply and demand function. Right now the demand isn't there for this coin so the block reward sucks. When the demand goes up, the hash rate goes up, and so does the reward per block. When this gets on an exchange it will help with the demand if the price is right.
Yes,  there is just one dev developing this coin currently. I am sure he/she has a real life job to work at as well so it will take time for one person to get everything coded. If someone on this forum could help them I am sure they would take it. I couldn't imagine them saying no. Since there was no premine for this coin there isn't any big bounties. I am sure that's whats keeping other devs away currently. As a community the more we donate back to the dev the more likely their going to start offering bounties to help with development. I could also have rose colored glasses on but I will keep mining this coin till the dev stops supporting coin.
legendary
Activity: 3248
Merit: 1070
i think that if initial value is right for this coin, let's say 10k-100k satoshi range, we have a basically win-win situation, because your reward will be the same no matter the diff, just hope it won't be dumped when that will happen

actually if i think about it, this mean that it will be dumped, because there is no point in buying , seeing how you can always have the same reward no matter what, until the halving at least...
sr. member
Activity: 1204
Merit: 295
the point is why i want to mine this, when even at 1k diff my reward will be the same?

Coin is dead?

can't be dead because reward is always the same , the hashrate doesn't matter lol

if you are making 1k coin per day now, you will be making the same amount even at 10k diff...
So coin just zombies now? Grin
 Hashrate is 29MHs total now. Undecided
Do you think it is still waiting for a breakthrough?
legendary
Activity: 3248
Merit: 1070
the point is why i want to mine this, when even at 1k diff my reward will be the same?

Coin is dead?

can't be dead because reward is always the same , the hashrate doesn't matter lol

if you are making 1k coin per day now, you will be making the same amount even at 10k diff...
sr. member
Activity: 1204
Merit: 295
Coin is dead?
member
Activity: 112
Merit: 10
there will be no dumping that will happen because whales did not enter this coin. Development is slow though.

How is the development slow? I think it's pretty fast for just me Roll Eyes
sr. member
Activity: 406
Merit: 250
Hello! Send me a message.
there will be no dumping that will happen because whales did not enter this coin. Development is slow though.
member
Activity: 112
Merit: 10
I am waiting to spend my bitcoins on helping to drive the price upward on whatever exchange Syncoin appears on first.  That will help get a more stable hashrate then a mining rig over the weekend.  The higher the opening price the more interest it will create in the coin especially if it can be maintained.   Just my thinking I have been known to be wrong once Smiley

LazyCoins, this Sunday >>>
newbie
Activity: 14
Merit: 0
I am waiting to spend my bitcoins on helping to drive the price upward on whatever exchange Syncoin appears on first.  That will help get a more stable hashrate then a mining rig over the weekend.  The higher the opening price the more interest it will create in the coin especially if it can be maintained.   Just my thinking I have been known to be wrong once Smiley
member
Activity: 112
Merit: 10
Lower and lower hash Sad

I'll be renting rigs this weekend to up the difficulty; no worries.
Donate BTC so that it's possible for me to rent more Smiley

Or just rent one yourself.
full member
Activity: 151
Merit: 100
Lower and lower hash Sad
member
Activity: 112
Merit: 10
UPDATE: COIN GAME TEMPORARILY DOWN FOR SERVER MAINT
member
Activity: 112
Merit: 10
No linux wallet? How am I supposed to help out with this coin If I dont have a wallet? Grin

You can leave your coins in the pool.. or i can hold it for you... I will give you 150 SYN btw. I only have 1500 SYN.

Edit: Syncoin should create wallet for linux. Lets make an ads here: http://www.bitscraper.pw/p/blog-page.html


Read my post from about 10 pages back;

Linux wallets are generally compiled by the user himself/herself due to library linking issues; it's not difficult, and is to be expected.
It's also unsafe to distribute Linux binaries.
sr. member
Activity: 406
Merit: 250
Hello! Send me a message.
No linux wallet? How am I supposed to help out with this coin If I dont have a wallet? Grin

You can leave your coins in the pool.. or i can hold it for you... I will give you 150 SYN btw. I only have 1500 SYN.

Edit: Syncoin should create wallet for linux. Lets make an ads here: http://www.bitscraper.pw/p/blog-page.html
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