Topic: [ANN][XCN] Cryptonite | 1st mini-blockchain coin | M7 PoW | No Premine - page 138. (Read 578501 times)
August 04, 2014, 05:55:48 PM
Buy0.00009000 6329.156 0.56962
August 04, 2014, 05:54:36 PM
why do people keep whining about the amount of coins..... it takes a fucking year to reach blackcoins coins and for the pump it wont even fucking matter only 3.3 atm
August 04, 2014, 05:53:58 PM
Miner dream and investor nightmare.
haha true history, miners sell, investor lose money.Too many coins...
August 04, 2014, 05:28:38 PM
Miner dream and investor nightmare.
August 04, 2014, 04:50:08 PM
What people don't understand is that the total number of coins is actually irreverent. (except when its unlimited)
It doesn't matter if there are 10 coins or 10 billion coins. What really matter is the PERCENTAGE of coins you own relative to everyone else. If there's only 10 coins but I own 1 coin, I'd own 10% of the entire supply. If there are 10 billion coins but I own 10 million coins, then I'd only have 0.1% of the entire supply. The number of coins is nothing but a shift in the decimal place, but don't really affect what's really important, and that is the relative amount you own as a percentage of the total supply.
It doesn't matter if there are 10 coins or 10 billion coins. What really matter is the PERCENTAGE of coins you own relative to everyone else. If there's only 10 coins but I own 1 coin, I'd own 10% of the entire supply. If there are 10 billion coins but I own 10 million coins, then I'd only have 0.1% of the entire supply. The number of coins is nothing but a shift in the decimal place, but don't really affect what's really important, and that is the relative amount you own as a percentage of the total supply.
+1
What is different about this coin is the 10 year mining cycle. There will be more inflation for a longer period of time than any other coin I can think of. I'm not saying that is bad, just different.
August 04, 2014, 04:47:28 PM
Only around 3.3 Million coins in circulation. This actually has some innovation for a change, very interesting.
August 04, 2014, 04:45:24 PM
What people don't understand is that the total number of coins is actually irreverent. (except when its unlimited)
It doesn't matter if there are 10 coins or 10 billion coins. What really matter is the PERCENTAGE of coins you own relative to everyone else. If there's only 10 coins but I own 1 coin, I'd own 10% of the entire supply. If there are 10 billion coins but I own 10 million coins, then I'd only have 0.1% of the entire supply. The number of coins is nothing but a shift in the decimal place, but don't really affect what's really important, and that is the relative amount you own as a percentage of the total supply.
It doesn't matter if there are 10 coins or 10 billion coins. What really matter is the PERCENTAGE of coins you own relative to everyone else. If there's only 10 coins but I own 1 coin, I'd own 10% of the entire supply. If there are 10 billion coins but I own 10 million coins, then I'd only have 0.1% of the entire supply. The number of coins is nothing but a shift in the decimal place, but don't really affect what's really important, and that is the relative amount you own as a percentage of the total supply.
Yes, but this has to be made more obvious to 95% of the crypto community because everyone is looking for short term PoW coins to pump and dump.
August 04, 2014, 04:44:01 PM
What people don't understand is that the total number of coins is actually irreverent. (except when its unlimited)
It doesn't matter if there are 10 coins or 10 billion coins. What really matter is the PERCENTAGE of coins you own relative to everyone else. If there's only 10 coins but I own 1 coin, I'd own 10% of the entire supply. If there are 10 billion coins but I own 10 million coins, then I'd only have 0.1% of the entire supply. The number of coins is nothing but a shift in the decimal place, but don't really affect what's really important, and that is the relative amount you own as a percentage of the total supply.
It doesn't matter if there are 10 coins or 10 billion coins. What really matter is the PERCENTAGE of coins you own relative to everyone else. If there's only 10 coins but I own 1 coin, I'd own 10% of the entire supply. If there are 10 billion coins but I own 10 million coins, then I'd only have 0.1% of the entire supply. The number of coins is nothing but a shift in the decimal place, but don't really affect what's really important, and that is the relative amount you own as a percentage of the total supply.
August 04, 2014, 09:12:21 AM
what about change the total coins? 1 billion really too much 
You're an idiot. It does not matter where you put the decimal point.
August 04, 2014, 04:14:32 PM
You should make the coin distribution more clear to understand. Most people seem to think that all 1.8billion coins will exist in the next couple weeks or so when that is not true.
Agree, this delutes the value
August 04, 2014, 04:09:11 PM
You should make the coin distribution more clear to understand. Most people seem to think that all 1.8billion coins will exist in the next couple weeks or so when that is not true.
August 04, 2014, 03:46:50 PM
Any pools not listed?
1GH seems to be the only one running right now.
And there is a problem with 1GH. When I put on it 400KH - it shows 400KH, but when I put on it 12 Mh it shows 6Mh. Where is 50 of power?1GH seems to be the only one running right now.
Even with just 1 400KH miner, it's maxing out at around 250KH on the pool.
What miner did you use to get a solid 400KH on the pool might I ask?
I'm using the pool's Linux one compiled from github.
August 04, 2014, 03:26:28 PM
Reduce the amount of coins or this will end up like Dogecoin.
August 04, 2014, 03:19:54 PM
Any pools not listed?
1GH seems to be the only one running right now.
And there is a problem with 1GH. When I put on it 400KH - it shows 400KH, but when I put on it 12 Mh it shows 6Mh. Where is 50 of power?1GH seems to be the only one running right now.
August 04, 2014, 03:19:24 PM
Quote
Not really. People can save the old data, and even create a collaboration portal where blockchain chunks are uploaded to create an unbroken chain from day one for the purpose of reducing this coins anonymity abilities.
Even more fun - they can fabricate chunks or overwrite transactions within the chunks so there can be 100 different archived blockchains floating around. The entrepreneurial possiblities are endless.
August 04, 2014, 03:18:10 PM
Any pools not listed?
1GH seems to be the only one running right now.
And there is a problem with 1GH. When I put on it 400KH - it shows 400KH, but when I put on it 12 Mh it shows 6Mh. Where is 50% of power? 1GH seems to be the only one running right now.
August 04, 2014, 03:07:23 PM
Any pools not listed?
1GH seems to be the only one running right now.
1GH seems to be the only one running right now.
August 04, 2014, 02:35:57 PM
Does the old data include individual transactions and are those transactions incorporated into the master hashes?
yes, old data have anything. You could retrieve it anytime you want.
August 04, 2014, 02:18:06 PM
Miners dream, investors nightmare, too many inflation, i´m out and wait for the miners dumps.
Sorry for who bought at 14k.
Nastradamus mode ON Sorry for who bought at 14k.
Told ya 7.5k, -50% in a few hours.
August 04, 2014, 02:08:01 PM
but where is the dev?
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