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Topic: [CENT] Pennies relaunched - page 46. (Read 115001 times)

sr. member
Activity: 439
Merit: 250
mycoin.bitbank.com
June 20, 2014, 11:30:52 PM
Where can I download wallet version 10.3.4  Huh?
Every link I try here and other sites redirects me back
to these same post links.  It goes in a circle to nowhere.
ROZU would you please answer this. Nobody else ever does.
Thanks.
Cryptodude
 
https://github.com/Rozu/pennies_release/archive/10.3.4.zip

Nothing wrong with this link……
hero member
Activity: 620
Merit: 500
June 20, 2014, 04:01:27 PM
Current circulations

Pennies = 49 trillion
Satoshis = 1.3 quadrillion

26 Satoshis = 1 Penny


26 Satoshis = 1 Penny ?

Tomorrow I buy a yacht!!
sr. member
Activity: 350
Merit: 250
June 20, 2014, 02:54:02 PM
Ok, so, we're bringing our dead wallet server back up now, and to be safe recompiling all wallets that were on it.

Pennies was one of them.

We're on version 10.3.4-unk-abe

It says we have 471210 downloaded blocks, but only 1875 blocks, and a balance of zero.

What the heck does that mean? Whats the difference in blocks and downloaded blocks?
member
Activity: 107
Merit: 10
June 20, 2014, 01:17:10 PM
Current circulations

Pennies = 49 trillion
Satoshis = 1.3 quadrillion

26 Satoshis = 1 Penny
hero member
Activity: 620
Merit: 500
June 20, 2014, 11:53:29 AM
See, all that we know that time has passed CENT thousand calamities, several forks, coins Cryptsy loss, problems
Bb, transactions were losing, coins etc disappeared portfolios.

I think the main thing we should do is try to figure out how many coins circulating in reality, it could be that circulate very many less than you think.

That said, yes I support dividing by X that amount so that it could be traded against BTC, LTC, but the idea that I had to rename can not accept it because it would be like starting from scratch with a new currency as is the issue with altcoins (new coins are born every day) what is more provable ended up disappearing.
CENT is already well known, his name is perfect and indivisible makes it unique
(I guess that's what made us buy a lot of us), and we should seize the good thing about CENT and not throw it all away.

Although it is said that sequels were never good parts, if it is impossible to break it without changing the name, prefer to be called CENT2.0 or the like, to give the original name. And your piggy bank wallet etc. .. is also particularly CENT and he should keep.
Regards
Nothing wrong with cent now,why using cent 2.0?
As far as I know, many people will not accept for change

I guess it's something we have to discuss among each and decide what is best.
The only bad thing is as you said petr1fied is the current amount of 49 trillion coins (theoretical, I think there are a lot less), makes it impossible to quote against BTC.
sr. member
Activity: 439
Merit: 250
mycoin.bitbank.com
June 20, 2014, 11:38:32 AM
See, all that we know that time has passed CENT thousand calamities, several forks, coins Cryptsy loss, problems
Bb, transactions were losing, coins etc disappeared portfolios.

I think the main thing we should do is try to figure out how many coins circulating in reality, it could be that circulate very many less than you think.

That said, yes I support dividing by X that amount so that it could be traded against BTC, LTC, but the idea that I had to rename can not accept it because it would be like starting from scratch with a new currency as is the issue with altcoins (new coins are born every day) what is more provable ended up disappearing.
CENT is already well known, his name is perfect and indivisible makes it unique
(I guess that's what made us buy a lot of us), and we should seize the good thing about CENT and not throw it all away.

Although it is said that sequels were never good parts, if it is impossible to break it without changing the name, prefer to be called CENT2.0 or the like, to give the original name. And your piggy bank wallet etc. .. is also particularly CENT and he should keep.
Regards
Nothing wrong with cent now,why using cent 2.0?
As far as I know, many people will not accept for change
hero member
Activity: 620
Merit: 500
June 20, 2014, 10:27:15 AM
See, all that we know that time has passed CENT thousand calamities, several forks, coins Cryptsy loss, problems
Bb, transactions were losing, coins etc disappeared portfolios.

I think the main thing we should do is try to figure out how many coins circulating in reality, it could be that circulate very many less than you think.

That said, yes I support dividing by X that amount so that it could be traded against BTC, LTC, but the idea that I had to rename can not accept it because it would be like starting from scratch with a new currency as is the issue with altcoins (new coins are born every day) what is more provable ended up disappearing.
CENT is already well known, his name is perfect and indivisible makes it unique
(I guess that's what made us buy a lot of us), and we should seize the good thing about CENT and not throw it all away.

Although it is said that sequels were never good parts, if it is impossible to break it without changing the name, prefer to be called CENT2.0 or the like, to give the original name. And your piggy bank wallet etc. .. is also particularly CENT and he should keep.
Regards
member
Activity: 63
Merit: 10
June 20, 2014, 06:45:36 AM
the price is about 1LTC=2B CENT(LOL)
2500LTC can buy it all
but only a little cent will sell on this price

if 1 sillycoin=10000 CENT
there will about 50B sillycoin
maybe the price will about 1LTC=100m sillycoin
50LTC can buy it all  Smiley Smiley Smiley

If do this,the end, it’s time to say goodbye for cent

Your maths is off, there are 49,317,774,136,397 (49.3 Trillion) coins so if we go with your valuation of 0.5 LTC/billion then that is 24,658.89 LTC.

Also divided by 10,000 = ~5 billion (4.93 billion), not 50 billion and the price per unit should be more in line with that of IFC and potentially much higher due to a lower overall coin count.

I'm not saying it's going to instantly make the new coin 10,000 times more valuable (although perhaps in time) but having a rebooted version on more exchanges is definitely more beneficial than having the current version on 2 exchanges and traded solely against DOGE.
Oh,yes, Maybe I  have been  error in the calculation,but something else  is the same.
Cent needn’t change the structure,it need some support in applications,maybe a game.
As far as I know, someone have been  doing it.
i wish this coin will be good in the future.
sr. member
Activity: 439
Merit: 250
mycoin.bitbank.com
June 20, 2014, 06:04:57 AM
i support divided the cent,  there are ~50 Trillion cent now,  after divided there are ~5 billion cent, and i sure the price will rise to 1LTC=2million  cent
LOL
then the price is falling
the price now is about 1LTC=2B cent
2B/10000=?
200K
2million=?
2000K
member
Activity: 73
Merit: 10
June 20, 2014, 03:36:15 AM
i support divided the cent,  there are ~50 Trillion cent now,  after divided there are ~5 billion cent, and i sure the price will rise to 1LTC=2million  cent
full member
Activity: 210
Merit: 100
June 19, 2014, 10:10:17 PM
what has changed?
sr. member
Activity: 439
Merit: 250
mycoin.bitbank.com
June 19, 2014, 10:07:32 PM
the price is about 1LTC=2B CENT(LOL)
2500LTC can buy it all
but only a little cent will sell on this price

if 1 sillycoin=10000 CENT
there will about 50B sillycoin
maybe the price will about 1LTC=100m sillycoin
50LTC can buy it all  Smiley Smiley Smiley

If do this,the end, it’s time to say goodbye for cent

Your maths is off, there are 49,317,774,136,397 (49.3 Trillion) coins so if we go with your valuation of 0.5 LTC/billion then that is 24,658.89 LTC.

Also divided by 10,000 = ~5 billion (4.93 billion), not 50 billion and the price per unit should be more in line with that of IFC and potentially much higher due to a lower overall coin count.

I'm not saying it's going to instantly make the new coin 10,000 times more valuable (although perhaps in time) but having a rebooted version on more exchanges is definitely more beneficial than having the current version on 2 exchanges and traded solely against DOGE.
Oh,yes, Maybe I  have been  error in the calculation,but something else  is the same.
Cent needn’t change the structure,it need some support in applications,maybe a game.
As far as I know, someone have been  doing it.
hero member
Activity: 630
Merit: 502
June 19, 2014, 06:54:00 PM
the price is about 1LTC=2B CENT(LOL)
2500LTC can buy it all
but only a little cent will sell on this price

if 1 sillycoin=10000 CENT
there will about 50B sillycoin
maybe the price will about 1LTC=100m sillycoin
50LTC can buy it all  Smiley Smiley Smiley

If do this,the end, it’s time to say goodbye for cent

Your maths is off, there are 49,317,774,136,397 (49.3 Trillion) coins so if we go with your valuation of 0.5 LTC/billion then that is 24,658.89 LTC.

Also divided by 10,000 = ~5 billion (4.93 billion), not 50 billion and the price per unit should be more in line with that of IFC and potentially much higher due to a lower overall coin count.

I'm not saying it's going to instantly make the new coin 10,000 times more valuable (although perhaps in time) but having a rebooted version on more exchanges is definitely more beneficial than having the current version on 2 exchanges and traded solely against DOGE.
sr. member
Activity: 439
Merit: 250
mycoin.bitbank.com
June 19, 2014, 05:53:54 PM
In fact, I think Pennies[cent] is a great,no need to reduce. CENT is scarce. Even compared to Bitcoin,it takes time to get to know  Smiley

It's indivisibility and current coin total makes it impossible to trade against LTC and BTC. It made it's way down to the bottom of every market on cryptsy and people were prepared to sell it no matter how low it went because people had billions and in some cases trillions of coins.

The scarcity argument really doesn't work when all exchanges trade against 1 whole coin. They're not going to code in special conditions to trade it in large amounts per LTC/BTC and dividing the coin total across the board is the only way to make it tradeable on other exchanges.
Hi Petr1fied,
It would be easy   Smiley
1 Pence =108CENT
So:
1.00000001 Pennies=108CENT+1CENT

About 490,000 pennies

The CENT total supply:About 49 trillion now

The approximate ratio of CENT/BTC coin cap, if CENT had satoshi's would be as follows:
500,000 Pennies coins compared to Bitcoin's cap of 21,000,000 BTC (Please check out the calculations below).

Simplified to:
1.00000000 Pence to every 42.00000000 BTC in existence.

CENT is still No decimals, no micro units, each penny is 1 coin. CENT is the smallest unit.

What'd you think?

hi Rozu, how about you?

Welcome to the discussion  Smiley



LOL
and I will sell it to you?
1 Pence=1BTC
you buy it and you  will be rich in the future
sr. member
Activity: 439
Merit: 250
mycoin.bitbank.com
June 19, 2014, 05:14:37 PM
the price is about 1LTC=2B CENT(LOL)
2500LTC can buy it all
but only a little cent will sell on this price

if 1 sillycoin=10000 CENT
there will about 50B sillycoin
maybe the price will about 1LTC=100m sillycoin
50LTC can buy it all  Smiley Smiley Smiley

If do this,the end, it’s time to say goodbye for cent
sr. member
Activity: 316
Merit: 250
June 19, 2014, 04:58:46 PM
i will consider how to divide later, i'm creating a new coin named as Nickel just for estimating workload of division.

it will be released after June 10 when 10.3.3 proved stable.

all can test Nickel to check whether it can work well together with CENT, if it works well, we can discuss how to divide, it's easy to implement then.





I approve this idea ... with this name or another, with more digits, etc. ....


end or change the structure of the CENT I do not accept ....

cost me a lot to buy ...

but accepted the creation of a complementary currency, as suggesting Rozu (thanks for all your work ... where have you been until now???) to be valued so who invested in CENT to recover the maximum possible investment.


End up with something unique and transforming into another banal currency, no thanks.

but I think sending 1 billion " CENT wallet" and come in 1 at "gorilla wallet" (lol) or you can send 1 gorilla and achieve one billion cents, i think it´s innovative (and, yes, "gorilla" must have 8 digits...)
full member
Activity: 187
Merit: 100
PENNIES
June 19, 2014, 04:53:23 PM
In fact, I think Pennies[cent] is a great,no need to reduce. CENT is scarce. Even compared to Bitcoin,it takes time to get to know  Smiley

It's indivisibility and current coin total makes it impossible to trade against LTC and BTC. It made it's way down to the bottom of every market on cryptsy and people were prepared to sell it no matter how low it went because people had billions and in some cases trillions of coins.

The scarcity argument really doesn't work when all exchanges trade against 1 whole coin. They're not going to code in special conditions to trade it in large amounts per LTC/BTC and dividing the coin total across the board is the only way to make it tradeable on other exchanges.

It would be easy  
1 Pence(Pennies) =108CENT
So:
1.00000001 Pennies=108CENT+1CENT

About 490,000 pennies

The CENT total supply:About 49 trillion now

The approximate ratio of CENT/BTC coin cap, if CENT had satoshi's would be as follows:
500,000 Pennies coins compared to Bitcoin's cap of 21,000,000 BTC (Please check out the calculations below).

Simplified to:
1.00000000 Pence(Pennies) to every 42.00000000 BTC in existence.

CENT is still No decimals, no micro units, each penny is 1 coin. CENT is the smallest unit.
hero member
Activity: 630
Merit: 502
June 19, 2014, 04:19:42 PM
In fact, I think Pennies[cent] is a great,no need to reduce. CENT is scarce. Even compared to Bitcoin,it takes time to get to know  Smiley

It's indivisibility and current coin total makes it impossible to trade against LTC and BTC. It made it's way down to the bottom of every market on cryptsy and people were prepared to sell it no matter how low it went because people had billions and in some cases trillions of coins.

The scarcity argument really doesn't work when all exchanges trade against 1 whole coin. They're not going to code in special conditions to trade it in large amounts per LTC/BTC and dividing the coin total across the board is the only way to make it tradeable on other exchanges.
full member
Activity: 187
Merit: 100
PENNIES
June 19, 2014, 03:51:07 PM
sorry for my delay response, i'm busy on my full-time job during these days.

give me icon, name and how to division, i will build a new coin.

Petr1fied, you once pm to me that you support div 10000, ok i can do that, but i need new coin and new name.

Yeah, I think 10,000 is an optimal division because it would result in the coin total coming under 5 billion which at the very least makes comparable to IFC and exchangeable against LTC which would open the door for exchanges to relist it.

If you wanted to maintain the "no decimals" feature then you could always round up in the event they have between 1-9999 coins although with the number of coins out there I don't think you'll find anyone minding even if you rounded down.

As for a name I'm sure someone more creative can come up with something.
What a stupid idea!!!
OK,you can do it ,but please dont use "**pennies",maybe can named it:sillycoin,LOL
Maybe I can buy all sillycoin for 5LTC
For cent,the price will not immediately rise, this is also very normal.
Now is the time to buy, it is very cheap.
In fact, I think Pennies[cent] is a great,no need to reduce. CENT is scarce. Even compared to Bitcoin,it takes time to get to know  Smiley
sr. member
Activity: 439
Merit: 250
mycoin.bitbank.com
June 19, 2014, 02:29:42 PM
sorry for my delay response, i'm busy on my full-time job during these days.

give me icon, name and how to division, i will build a new coin.

Petr1fied, you once pm to me that you support div 10000, ok i can do that, but i need new coin and new name.

Yeah, I think 10,000 is an optimal division because it would result in the coin total coming under 5 billion which at the very least makes comparable to IFC and exchangeable against LTC which would open the door for exchanges to relist it.

If you wanted to maintain the "no decimals" feature then you could always round up in the event they have between 1-9999 coins although with the number of coins out there I don't think you'll find anyone minding even if you rounded down.

As for a name I'm sure someone more creative can come up with something.
What a stupid idea!!!
OK,you can do it ,but please dont use "**pennies",maybe can named it:sillycoin,LOL
Maybe I can buy all sillycoin for 5LTC
For cent,the price will not immediately rise, this is also very normal.
Now is the time to buy, it is very cheap.
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