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Quote from: Crypton1te on July 12, 2014, 01:17:28 PM

My issue is the "stealth" changes they implement. Mining should still be going on but due to issues they cut the 14 day period way short.

So you would rather be mining even though the reward is getting smaller and smaller?

Good point there argakiig, you'll probably pay more costs for mining than you would get in return.

When the coin was released, I got 30-40 coins per block. Not bad for a hobby miner with only 2.5 M/H.
After the second halving (2000 coin reward / block), I only got around 0.2 coins per block. That's when I stopped. It simply wasn't worth it.

StephenJH

hero member

Activity: 1470

Merit: 521

No more Rekt and Bust

Quote

those, who bought at begining and not sell - masters!!!!

xtent

full member

Activity: 154

Merit: 100

Quote from: argakiig on July 12, 2014, 01:15:51 PM

Quote from: argakiig on July 12, 2014, 01:15:51 PM

My issue is the "stealth" changes they implement. Mining should still be going on but due to issues they cut the 14 day period way short.

So you would rather be mining even though the reward is getting smaller and smaller?

Good point there argakiig, you'll probably pay more costs for mining than you would get in return.

I am more pissed that I lost over half of all the XST coins I had due to yesterday's issue.

Crypton1te

member

Activity: 112

Merit: 10

My issue is the "stealth" changes they implement. Mining should still be going on but due to issues they cut the 14 day period way short.

So you would rather be mining even though the reward is getting smaller and smaller?

Good point there argakiig, you'll probably pay more costs for mining than you would get in return.

argakiig

sr. member

Activity: 658

Merit: 257

★Bitvest.io★ Play Plinko or Invest!

Quote from: uaivj on July 12, 2014, 12:58:42 PM

My issue is the "stealth" changes they implement. Mining should still be going on but due to issues they cut the 14 day period way short.

So you would rather be mining even though the reward is getting smaller and smaller?

Crypton1te

member

Activity: 112

Merit: 10

For how long do you guys want to keep this discussion going about cutting the mining period, 1% premine etc etc.

PoW is done now you can't return it and the premine is also already being used for development.

So quit the kindergarten, invest if you want - if not than what the hell are you still here for?

xtent

full member

Activity: 154

Merit: 100

My issue is the "stealth" changes they implement. Mining should still be going on but due to issues they cut the 14 day period way short.

Crypton1te

member

Activity: 112

Merit: 10

Quote from: Crypton1te on July 12, 2014, 12:53:33 PM

Premine is always problem. The only reason i dont buy such coins is premine. I dont care the profit i can make.... Premine, the name kills it.

What is the big deal about a "responsible" premine? Do you think the dev(s) should support a coin and a community and expect to get nothing in return? That idea is ridiculous.

ok but not 1%++, 1% is like 200k, too much imho, 0.1% would be more fair, no one should control 1%

Really? .1% is like .2 BTC I wouldn't put in that much effort for a measly $130

Indeed, Amph is talking about 1% ''++'' but 1% is just 1% just over 200k coins, well thats about 2 btc right now.

I have no clue why people are so stressed about 1% over 20.7 mil.. If its being used for good purpose than why the heck would you care.

From what i know the devs have been working all night to get things fixed and they are using the premine for further development, promotions etc and it's all there public.

mrdennis86

full member

Activity: 126

Merit: 100

Quote from: uaivj on July 12, 2014, 12:58:42 PM

Premine is always problem. The only reason i dont buy such coins is premine. I dont care the profit i can make.... Premine, the name kills it.

What is the big deal about a "responsible" premine? Do you think the dev(s) should support a coin and a community and expect to get nothing in return? That idea is ridiculous.

ok but not 1%++, 1% is like 200k, too much imho, 0.1% would be more fair, no one should control 1%

Lol, even i hold more than the 1% premine.. So what are you guys whining about, everyone who invested in this coin wants this coin to succeed right.

Therefore some money is needed, look at the darkcoin premine for example.

Edit: The important thing is that the dev's are being really transparent about it and they've made all the wallet addresses and transactions public.

+1 exactly. Everything is clear. So no worry's about this coin!

Amph

legendary

Activity: 3248

Merit: 1070

Premine is always problem. The only reason i dont buy such coins is premine. I dont care the profit i can make.... Premine, the name kills it.

What is the big deal about a "responsible" premine? Do you think the dev(s) should support a coin and a community and expect to get nothing in return? That idea is ridiculous.

ok but not 1%++, 1% is like 200k, too much imho, 0.1% would be more fair, no one should control 1%

Really? .1% is like .2 BTC I wouldn't put in that much effort for a measly $130

you mean copy-paste effort? i'm sure 0.2 is even too much for that lol, 1% is asking for a easy dump, repeat

uaivj

member

Activity: 63

Merit: 10

Quote from: TrekRider on July 12, 2014, 12:54:48 PM

Premine is always problem. The only reason i dont buy such coins is premine. I dont care the profit i can make.... Premine, the name kills it.

What is the big deal about a "responsible" premine? Do you think the dev(s) should support a coin and a community and expect to get nothing in return? That idea is ridiculous.

ok but not 1%++, 1% is like 200k, too much imho, 0.1% would be more fair, no one should control 1%

Really? .1% is like .2 BTC I wouldn't put in that much effort for a measly $130

Crypton1te

member

Activity: 112

Merit: 10

Quote from: Crypton1te on July 12, 2014, 12:53:33 PM

Quote from: Crypton1te on July 12, 2014, 12:53:33 PM

Premine is always problem. The only reason i dont buy such coins is premine. I dont care the profit i can make.... Premine, the name kills it.

What is the big deal about a "responsible" premine? Do you think the dev(s) should support a coin and a community and expect to get nothing in return? That idea is ridiculous.

ok but not 1%++, 1% is like 200k, too much imho, 0.1% would be more fair, no one should control 1%

Lol, even i hold more than the 1% premine.. So what are you guys whining about, everyone who invested in this coin wants this coin to succeed right.

Therefore some money is needed, look at the darkcoin premine for example.

Yea, you're right about that.

Everything is completely transparent with the premine.

If anyone has any suggestions on what the premine could be used for, I'm sure the team would take them into consideration as they've said.

In my opinion this adds more value to the coin, than a coin which is ninja launched with no premine. I could mention some coins but i wont

TrekRider

newbie

Activity: 56

Merit: 0

Premine is always problem. The only reason i dont buy such coins is premine. I dont care the profit i can make.... Premine, the name kills it.

What is the big deal about a "responsible" premine? Do you think the dev(s) should support a coin and a community and expect to get nothing in return? That idea is ridiculous.

ok but not 1%++, 1% is like 200k, too much imho, 0.1% would be more fair, no one should control 1%

Lol, even i hold more than the 1% premine.. So what are you guys whining about, everyone who invested in this coin wants this coin to succeed right.

Therefore some money is needed, look at the darkcoin premine for example.

Yea, you're right about that.

Everything is completely transparent with the premine.

If anyone has any suggestions on what the premine could be used for, I'm sure the team would take them into consideration as they've said.

Crypton1te

member

Activity: 112

Merit: 10