Topic: deleted - page 37. (Read 227365 times)

I think that once ePawncoin IPO starts the price will skyrocket from the level it ill be on on 12th May.
If my estimations are correct:

There are approximately 7 milions Pawncoins mined so far, but 20 must be used in order to buy all 40 milions ePawncoins.
So, according to devs plan:

1. 7 milions Pawncoin goes into ePawncoins on price x.
2. Devs sell them at price of 2x.
3. Next 7 milions goes into the ePawncoin IPO.
4. Devs sell them for 2 * 2x price = 4x of the inital price
5. Third and last round of 7 milions (3 * 7 = approximatelly 20 milions) goes into the IPO.
6. Devs sell the 7 milions on a price of 2 * 4x = 8x the initial price.

So if we accept that all the IPO will be sold this just will work at least until the third round. Because there will be no other option to buy all ePawncoins apart from using the total Pawncoins in existance 3 times. And if people want to buy ePawncoin till the end they will buy the Pawncoins even on double price the first and the second time for sure. The third time however it will be not linked anymore with the IPO demand, but if then Pawnshop opens, people willing to take loans will have to first sell the PAWNs they get supposedly on the price of coinpod, set by devs. However, when they do return the coins they will have to buy even more, again on this price. So in summary, if the IPO of ePawn goes to the end we will get a sure 4x increase in price since 12th of May. And if Pawnshop goes live and bring liquidity we will get 8x.
I am not counthing in all this the multipool, possible price fixing to physical goods value as proposed before, and factors such as inertion of the crowd when the price is going up. If we assume all these would bring up another 2x, we would see a fast 8x rise and a potentional 16x rise when Pawnshop opens.

Question is: what can we do so that the price rise even more until 12th so that the initial level is even higher? If we do 5x this would mean 5 * 8 = 40x when the Epawncoin IPO is over.
What about giveaway and promotion in China? Provenconday made significant rise in price due to the promotion and giveaway in China. I think that this was the reason for the jump from 1k to 6k in 2-3 days. Can provenconday start promotion in China and tosha in Russia in the same time? Because these are two big countries. And lets say 10 most active members here donate each 5k for promotion, including me, of course.
However, giveaway should be with purpose. Let's say, include my analyses from above, explaining why price should go up, and making people buy coins on exchanges before price goes even higher. This is not bad for people and we will not mislead them, because they still with create a bubble, however, the bubble with not explode but will just be the floor for the next bubble, which will be the ePawncoin IPO. When the ePawncoin IPO reach its top also, if devs do their job and start running the pawnshop, this second bubble with not explode as well but will also continue to grow, as the idea behind PAWN is not pump and dump and it is really offering constant stability of price. And for example, offer the following: once people prove they have bought some amounts of coins they get 5% free bonus from giveaway. Provement of buying will b be with a screenshots. If there are too much people for checking screenshots we can set a minimum buy order to qualify for bonus. So if 5% are 10 members each of 5K, this means that 5% are 50K. And that the total amount of bought coins should be 20 times more so 1 milion. 1 milion bought coins will drive the price up like crazy, because this is around 20% of all coins in existance, if we do not count the frozen premine and the big whales which are holding. And do not forget the factor "inertion". On each huge raise the crawd goes in the same direction for some time, so it may go even higher.

Just tried to use coinpod.
When I create a buy request it says I do not have sufficient funds.  I guess it is trying to calulcate the fee, however, I can even not enter manually a smaller PAWN amount as the field is disabled so this feauture is current not usable.
Also when I try to withdraw I must manually enter the max amount without the fee.

Please, fix these issues ASAP. Otherwise the exchange looks good, however a lot of work is needed more as well as there are small things to be fixed.
As a programmer I know that always each project is ready on 90% for few days, but the rest 10% are few months. 

+1.
Also price increased to 2k this night. Wait and see what will happen when epawn ipo starts

I let go of 68,000.

EDT: But that was yesterday. lots more sells after that on polo. 

Well, it's not me, so that's not a very good sign.

Just wait until the dumper runs out of pawncoin to sell. Poloniex shutdown caused most people to withdrew their buy orders.

pawn buy orders at 1200 I know most big wallets have lost faith by now. 

Better take it down (temporary) then have it in the air half working! This is a good call for now. But please be very carefully with such announcements! Crypto people in general are very anxious about unclear issues..

Talking about announcements, we hope to have our alpha multi-pool to be ready for the big public by Wednesday in a beta phase! (leaving alpha, jippy)
We will have new hardware, more security and... A NEW NAME!
This means: anyone can join, but some smaller issues still need to be fixed/addressed (e.g. stats) It's not yet a fully finished product yet, but we are very proud of our results!

Stay tuned, here at PawnCoin forums!

PS: If you want pawncoin right now, mine at http://pawn.nation-wars.com

I advised devs to leave on second plan exchange and put on first priority the Pawnshop and the ePawncoin IPO.
As far as I remember these were your concerns and I agree with you.
Because exchange will take a long time to bring liquidity and if we wait for it we will loose time. The coin needs fast actions to keep its price.
I am sure ePawncoin IPO will do the trick.
However, if devs sell the exchange I do not see how they will do the part of the ePawncoin IPO where they want to sell the PAWNs on coinpod by rising theirs plans.
Whatever... we need to hear clear plan. I am sure the initial plan I heared here for a lot of things was amazing. However we need to stop changing things in the middle and work with clear perspective.
In any case, I am not loosing faith in PAWN. It has huge potentional and I like the ideas behind it. All we need is to see them put into reality ASAP.

I was not being hostile but apparently you are considering you are saying I am "ranting."  I don't think I am ranting at all, I think I am bringing up valid points, and to be honest the last thing Pawncoin needs now is hostility within the community.

That being said, you're right, the exchange doesn't add value, and I never said in the new post that it did, either.  I said that the DEVS pitched it to us as a big selling point as something that will increase the price ( never happened ) and now they are considering selling it. So whether it has value or not, the point I was making was that this is just yet another sign that this coin may not end up being what we wanted it to be.  I have been extremely active in this community from the beginning - it's funny that suddenly when I'm not yelling "TO THE MOON!" and I bring up criticisms, I get attacked suddenly.  

Maybe you should read the "rant" I posted last time and try and comprehend what is being said - instead of just trying to call someone out.

Ain't you the one that said the exchange doesn't add value to pawncoin?  Maybe you should read the rant you posted last time.

You guys are already abandoning the exchange? 

I understand you need to work on the other more important facets but this is a bad message to send out... block reward has already been changed before, continually gets brought up to be changed again, and now what was once a big selling point from you devs is now just being completely abandoned? 

We are working on the code currently. We are going through the code so it is alot easier to add a wallet to it. But it takes time due to security testing, so we are sorry but please wait while we get the code right.

let's play on poloniex. and then there's quite boring

There are no wallet addresses shown in the dashboard.
I have searched the entire site but I also did not find an doption to create wallets.

See also:
https://bitcointalksearch.org/topic/m.6456703

Did your wallet address show in the dashboard?

Devs?

Pretty please?

You want us to use coinpod, but...

I SIMPLY CAN'T USE IT! I CAN'T EVEN DEPOSIT MY COINS THERE SO HOW DO YOU WANT ME TO TRADE ON COINPOD??

Thank you!

Welcome

we are back now.

would like to mine some coin on pawncoin multipool!