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Topic: [CENT] Pennies launched - page 12. (Read 135092 times)

member
Activity: 109
Merit: 10
USA TRUMP USA TRUMP USA TRUMP
February 01, 2014, 06:48:11 PM
I'm having problems with the wallet. I sent all my coins from cryptsy to my local wallet (With lot of transactions, due to the limit of 99,999,999 CENT per transaction), but the wallet doesn't show them. I tried re-downloading the whole blockchain and rescanning it, but it didn't work.
full member
Activity: 163
Merit: 100
January 31, 2014, 08:22:49 AM
interesting seeing pennies coming slowly to life again
newbie
Activity: 9
Merit: 0
January 30, 2014, 04:25:16 PM
i have been keeping a eye on this and i think this is a great coin. this provides a sense of virtual wealth and price can be very stable in the future, if you have 1000 pennies, if you have like £100 worth of pennies, you would have 10000 pennies the same in the real world so its brings a sense of wealth, whereas in bitcoin £100 would be 0.20btc, what looks better £100 or 0.20btc,

price is definitely stable as there are alot of available, so this is the answer to volatility, i have bought some and see what will happen,

Where to get the pennies CENT wallet?
Advance Thanks.
newbie
Activity: 14
Merit: 0
January 30, 2014, 05:27:22 AM
i have been keeping a eye on this and i think this is a great coin. this provides a sense of virtual wealth and price can be very stable in the future, if you have 1000 pennies, if you have like £100 worth of pennies, you would have 10000 pennies the same in the real world so its brings a sense of wealth, whereas in bitcoin £100 would be 0.20btc, what looks better £100 or 0.20btc,

price is definitely stable as there are alot of available, so this is the answer to volatility, i have bought some and see what will happen,
newbie
Activity: 20
Merit: 0
January 29, 2014, 02:02:00 PM
Why does nobody understand that Pennies are not in large supply? Everyone knows that one of Pennies selling points is that there are no decimals, but everyone seems to forget that when they see the total coin supply.


A Bitcoin's smallest value is a satoshi, or one millionth of a Bitcoin.
The coin cap for Bitcoin is 21,000,000.
So the total number of tradeable Bitcoin units is 21 quadtrillion satoshis.

A Pennies smallest value is itself. Cents are indivisible and can only be traded in whole values.
The current number of existing pennies is right above 41 trillion (41,835,649,197,243).
If you considered every penny a satoshi (as it technically is) then we can see a "whole value" of Pennies when we multiply total supply by a millionth of one.
41,835,649,197,243 pennies/satoshis multiplied by .00000001 is 418,356 (Super Pennies? Bills? Whatever we want to call it).


21,000,000 Bitcoins > 418,356 Super Pennies/Bills/Whatever we call them.

For reference, 42coin was above Bitcoin's price on Cryptsy the other day, and its total number of divisible units is 4,200,000,000.

The only reason Pennies doesn't have a high value is because most people don't understand this concept.
Once the public realizes this, Pennies should grow rather rapidly and to high value.

Bitcoin = 2,100,000,000,000,000 units
Pennies = 41,835,649,197,243 units
42Coin = 4,200,000,000 units

How do we convince people of this? I'm not fully sure of it myself. Make posts saying there are 'this' many bills and 'this' many pennies?

Well the first step is to spread awareness. My entire time here I have yet to ever see another Pennies advocate use this in debate about the coin supply. So I feel like most everyone, even Penny pros, do not realize this. Word of mouth is a powerful thing.
full member
Activity: 168
Merit: 100
January 29, 2014, 01:35:41 PM
Why does nobody understand that Pennies are not in large supply? Everyone knows that one of Pennies selling points is that there are no decimals, but everyone seems to forget that when they see the total coin supply.


A Bitcoin's smallest value is a satoshi, or one millionth of a Bitcoin.
The coin cap for Bitcoin is 21,000,000.
So the total number of tradeable Bitcoin units is 21 quadtrillion satoshis.

A Pennies smallest value is itself. Cents are indivisible and can only be traded in whole values.
The current number of existing pennies is right above 41 trillion (41,835,649,197,243).
If you considered every penny a satoshi (as it technically is) then we can see a "whole value" of Pennies when we multiply total supply by a millionth of one.
41,835,649,197,243 pennies/satoshis multiplied by .00000001 is 418,356 (Super Pennies? Bills? Whatever we want to call it).


21,000,000 Bitcoins > 418,356 Super Pennies/Bills/Whatever we call them.

For reference, 42coin was above Bitcoin's price on Cryptsy the other day, and its total number of divisible units is 4,200,000,000.

The only reason Pennies doesn't have a high value is because most people don't understand this concept.
Once the public realizes this, Pennies should grow rather rapidly and to high value.

Bitcoin = 2,100,000,000,000,000 units
Pennies = 41,835,649,197,243 units
42Coin = 4,200,000,000 units

How do we convince people of this? I'm not fully sure of it myself. Make posts saying there are 'this' many bills and 'this' many pennies?
sr. member
Activity: 420
Merit: 250
January 29, 2014, 12:45:33 PM
on bter  not working yet for deposit

I seriously doubt bter will allow deposits or withdrawals with their CENT wallet anytime soon. Not worth the risk to lose real btc if they determine they are on the wrong fork from jan.  Easier to just let it ride until it dies and they remove the market.
newbie
Activity: 6
Merit: 0
January 29, 2014, 12:38:12 PM
on bter  not working yet for deposit
sr. member
Activity: 420
Merit: 250
January 29, 2014, 12:31:49 PM
FYI Deposit of CENT to cryptsy appears to be working now.
newbie
Activity: 6
Merit: 0
January 29, 2014, 12:30:52 PM
Why Deposit in Bter for Cent is disable?

i have 2000,000,000 Cent

i want to sell them?
sr. member
Activity: 409
Merit: 252
January 29, 2014, 12:20:52 PM
"version" : "v0.10.2.1-unk-abe",
"protocolversion" : 70001,
"walletversion" : 60000,
"balance" : 9999970.00000000,
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 264098,
"moneysupply" : 39680834368656.00000000,
"connections" : 8,
"proxy" : "",
"ip" : "110.240.xx.xx",
"difficulty" : 0.00024414,
"testnet" : false,
"keypoololdest" : 1388837599,
"keypoolsize" : 101,
"paytxfee" : 0.00000000,
"unlocked_until" : 0,
"errors" : ""


Money supply showed on my screen is smaller than what the post said. So I updated my wallete from 10.0 to 10.2.1 . As the infomation above shows, the total supply is 396 trillion, not 420 trillion.   

42 trillion, not 420 trillion. 
newbie
Activity: 16
Merit: 0
January 29, 2014, 05:13:24 AM
"version" : "v0.10.2.1-unk-abe",
"protocolversion" : 70001,
"walletversion" : 60000,
"balance" : 9999970.00000000,
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 264098,
"moneysupply" : 39680834368656.00000000,
"connections" : 8,
"proxy" : "",
"ip" : "110.240.xx.xx",
"difficulty" : 0.00024414,
"testnet" : false,
"keypoololdest" : 1388837599,
"keypoolsize" : 101,
"paytxfee" : 0.00000000,
"unlocked_until" : 0,
"errors" : ""


Money supply showed on my screen is smaller than what the post said. So I updated my wallete from 10.0 to 10.2.1 . As the infomation above shows, the total supply is 396 trillion, not 420 trillion.   
newbie
Activity: 20
Merit: 0
January 29, 2014, 03:14:14 AM
Why does nobody understand that Pennies are not in large supply? Everyone knows that one of Pennies selling points is that there are no decimals, but everyone seems to forget that when they see the total coin supply.


A Bitcoin's smallest value is a satoshi, or one millionth of a Bitcoin.
The coin cap for Bitcoin is 21,000,000.
So the total number of tradeable Bitcoin units is 21 quadtrillion satoshis.

A Pennies smallest value is itself. Cents are indivisible and can only be traded in whole values.
The current number of existing pennies is right above 41 trillion (41,835,649,197,243).
If you considered every penny a satoshi (as it technically is) then we can see a "whole value" of Pennies when we multiply total supply by a millionth of one.
41,835,649,197,243 pennies/satoshis multiplied by .00000001 is 418,356 (Super Pennies? Bills? Whatever we want to call it).


21,000,000 Bitcoins > 418,356 Super Pennies/Bills/Whatever we call them.

For reference, 42coin was above Bitcoin's price on Cryptsy the other day, and its total number of divisible units is 4,200,000,000.

The only reason Pennies doesn't have a high value is because most people don't understand this concept.
Once the public realizes this, Pennies should grow rather rapidly and to high value.

Bitcoin = 2,100,000,000,000,000 units
Pennies = 41,835,649,197,243 units
42Coin = 4,200,000,000 units
full member
Activity: 168
Merit: 100
January 28, 2014, 02:55:17 PM
Selling and buying around .0000004 XPM or whatver so price is increasing a lot. Pretty much doubled my money lol.
full member
Activity: 168
Merit: 100
January 27, 2014, 03:18:14 PM
So let me get this straight, you guys took a ShitCoin (pennies) and ran it off a cliff so it could more resemble THE ShitCoin I created for the exact purpose to prevent shit like this from happening?

Ahahahaaaa.

Tell me this ain't so?

I'm gonna enjoy seeing this coin trade for less than SHT.  Lol, this is exactly what I predicted would happen and I did my best to create a coin so shitty that only the biggest crooked morons could top such a terrible ShitCoin.

I obviously didn't lower the bar low enough.

One more time:  Bhahahahaaaaa!


I bet the creator is laughing at you for not even doing an effort on getting the 'most shitty coin', while you (i quote) 'did your best' to try to get that position
newbie
Activity: 56
Merit: 0
January 27, 2014, 12:49:26 PM

ALERT!
hey guys... you REALLY don't get it yet do you?

PENNIES is the ultimate junk coin... THE ONLY WAY to make money on pennies is to Buy at 1

I fell for it when I was a newbie too and lost 3 Bitcoins.

Why do you think there is ALWAYS such a massive buy order on at 1... the WHALES (the smart guys who made money on litecoin and bitcoin before it went 'to the moon') simply leave their XPM here as a trap to catch dreamers who think this coin is going anywhere... it never will... the 1 wall is big to STOP you from queuing and doing the same as them... the lure is that you can buy SOOOO damn many for so little... makes you temporarily feel like a billionaire...  BUT as the smart guys who ONLY buy at one will ALWAYS be there to dump on you even if you buy at 2 you're always going to lose out.... remember the SMART guys who buy at 1 are doubling their money every time... no other investment in crypto gives you the same return... THAT IS WHY THEY DO IT!!!!

The guys at 1 have the key to the door... its the door with the big note pinned on it saying...

'HEY... YOU'RE STUCK!!!... the ONLY way you coming through our door back to your precious litecoins is if you sell to US at 1... we are the keepers of the gate... want to wait do you? well its a long wait til the next pump, so either you sell to us the gatekeepers or you're F**CKED!'

Think about it... even the guys telling you to PUMP here are only doing so to dump on you!

PLEASE PLEASE everyone, understand the game being played here.

legendary
Activity: 3052
Merit: 1530
www.ixcoin.net
January 26, 2014, 05:21:03 PM
Finally! My XPM-Satoshi orders are getting filled so I can walk away from this nightmare.

What are you selling at?  How many CENTS?
member
Activity: 99
Merit: 10
January 26, 2014, 04:40:51 PM
Finally! My XPM-Satoshi orders are getting filled so I can walk away from this nightmare.
newbie
Activity: 31
Merit: 0
January 26, 2014, 12:06:56 PM
It looks as if someone does care about Pennies... Anyone seen that sellwall on 2 XPM satoshis decrease by over 10.000XPM last 24 hrs?

Yeah, and 10,000 CENT AT 2 XPM is about 65 BTC.  That's a lot of money.

Looks like the Cryptsy 4th market theory may have some meat to it afterall.

Whatever the reason is, CENT deserves a much higher price.

i think so,and i think the price should reach $ 0.000004
hero member
Activity: 966
Merit: 501
January 25, 2014, 11:41:59 PM
It looks as if someone does care about Pennies... Anyone seen that sellwall on 2 XPM satoshis decrease by over 10.000XPM last 24 hrs?

Yeah, and 10,000 CENT AT 2 XPM is about 65 BTC.  That's a lot of money.

Looks like the Cryptsy 4th market theory may have some meat to it afterall.

Whatever the reason is, CENT deserves a much higher price.
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