deleted - page 99. | Bitcointalksearch.org

maccie

member

Activity: 98

Merit: 10

Developer multipoolmining.com

Quote from: tAP on April 14, 2014, 01:26:04 PM

Looks like Pawncoin has a mention on front page of

http://www.reddit.com/r/cryptomarkets

Not sure if the author has the correct breakdown but people are asking for more information... I think this would be a good place for the devs or someone with a lot of knowledge to jump in and give some of those on reddit (which is a big community) an idea of how this is going to work

That yoteech told John Lights idea and our dev team not are behind of John Light. Differents things, devs should correct this in reddit as soon as possible! If i have understood right we are rivals with John Light.

http://www.coindesk.com/pawncoin-john-light-bitcoin-volatility-buttonwood/

tAP

full member

Activity: 238

Merit: 100

Looks like Pawncoin has a mention on front page of

http://www.reddit.com/r/cryptomarkets

Not sure if the author has the correct breakdown but people are asking for more information... I think this would be a good place for the devs or someone with a lot of knowledge to jump in and give some of those on reddit (which is a big community) an idea of how this is going to work

tAP

full member

Activity: 238

Merit: 100

Quote from: alexje on April 14, 2014, 12:05:51 PM

Quote from: tAP on April 14, 2014, 11:40:01 AM

Quote from: richardn1987 on April 14, 2014, 09:06:20 AM

We juinvestorhanged the block reward from 500 to 50.

When I was mining at block reward 500 i got ~3000 coins per day. Now i'm getting ~750 coins a day. That means we lost 60% of our hash rate.

Lowering the block reward will push away more miners. We need more people involved in this coin, not less.

I don't claim to know everything about this stuff but doesn't block reward have nothing to do with hash rate unless you are referring to people jumping ship?

You need the support from the miners who see potential in it, they create exchange and trading volume and help the coin to grow, you can not live only from investors, how many investors are there? Sorry for misspelling and short reactions, it's from my mobile in the train..

I know, I was stating that the block reward and hashrate aren't really related unless there is simply proof that more people will mine if they can get more quantity of coins (not necessarily more value).

Either way, as a big pawncoin investor, I want what is best for the COIN, not short-term value. So whether we reduce block reward or not, all I care about is that the developers stay behind it in a big way.

tosha001

full member

Activity: 168

Merit: 100

No need to revise the award for the block!!! 50 coins and all!!!
The main thing is not the reward now to change, and plan not to disturb!!! Cool

alexje

full member

Activity: 140

Merit: 100

Quote from: tAP on April 14, 2014, 11:40:01 AM

Quote from: richardn1987 on April 14, 2014, 09:06:20 AM

We juinvestorhanged the block reward from 500 to 50.

When I was mining at block reward 500 i got ~3000 coins per day. Now i'm getting ~750 coins a day. That means we lost 60% of our hash rate.

Lowering the block reward will push away more miners. We need more people involved in this coin, not less.

I don't claim to know everything about this stuff but doesn't block reward have nothing to do with hash rate unless you are referring to people jumping ship?

You need the support from the miners who see potential in it, they create exchange and trading volume and help the coin to grow, you can not live only from investors, how many investors are there? Sorry for misspelling and short reactions, it's from my mobile in the train..

alexje

full member

Activity: 140

Merit: 100

Quote from: maccie on April 14, 2014, 03:03:30 AM

Of course current owners says 10 pawns because it make more valuable their coins what they all ready own.

Is it fair drop it again? Newcomers come to thread and look top richest list and see over 100k holdings. Then hey look block reward and skip whole coin because they smell scam/pyramid thing. Why we cant just stick with 50 and let services do their job? Can someone say even one good thing why we should drop reward again?

Thats correct! Please dont reduce the block reward, harder to mine, no support from miners or the community. We went down from 500 till 50. Please don't go any further it will scare investors and miners and pools will not mine, the would be no exchange trades and everything!

Also to the Devs please delete the voting. If you want we vote please create a new voting poll without the 50 block because that is the same as No.

I think a few rich Pawncoin holder (Provence, Maccie, Richardn1987 and Me. ) all three vote to not reduce the reward, hope that is also a good argument Grin

Regards,

Alex

tAP

full member

Activity: 238

Merit: 100

Quote from: richardn1987 on April 14, 2014, 09:06:20 AM

We just changed the block reward from 500 to 50.

When I was mining at block reward 500 i got ~3000 coins per day. Now i'm getting ~750 coins a day. That means we lost 60% of our hash rate.

Lowering the block reward will push away more miners. We need more people involved in this coin, not less.

I don't claim to know everything about this stuff but doesn't block reward have nothing to do with hash rate unless you are referring to people jumping ship?

richardn1987

full member

Activity: 224

Merit: 100

Quote from: ?? on ??

Quote from: bananahunter67 on April 14, 2014, 11:06:02 AM

The devs need to make something like http://blackcoinpool.com/
A multipool, mining all profitable coins and buying with them PAWN.
Look at blackcoin. The price is going up like crazy and it hit 5x in 2 days.
Imagine if we do the same for PAWN - a coin with purpose! PAWNcoin is trwoing up 20 BTC daily into Blackcoin. This is insane amount for the liquidity standarts of all alt coins. We need to get this done for PAWN!

We start working on this ASAP!

Great idea!

But the basis of this idea is that other coins are more profitable to mine then pawn

maccie

member

Activity: 98

Merit: 10

Developer multipoolmining.com

Quote from: bananahunter67 on April 14, 2014, 11:06:02 AM

The devs need to make something like http://blackcoinpool.com/
A multipool, mining all profitable coins and buying with them PAWN.
Look at blackcoin. The price is going up like crazy and it hit 5x in 2 days.
Imagine if we do the same for PAWN - a coin with purpose! PAWNcoin is trwoing up 20 BTC daily into Blackcoin. This is insane amount for the liquidity standarts of all alt coins. We need to get this done for PAWN!

Our buying pressure should come from services, but yes... that kind things are awesome because they drain other altcoins and give themselves more value.

bananahunter67

sr. member

Activity: 378

Merit: 265

The devs need to make something like http://blackcoinpool.com/
A multipool, mining all profitable coins and buying with them PAWN.
Look at blackcoin. The price is going up like crazy and it hit 5x in 2 days.
Imagine if we do the same for PAWN - a coin with purpose! PAWNcoin is trwoing up 20 BTC daily into Blackcoin. This is insane amount for the liquidity standarts of all alt coins. We need to get this done for PAWN!

tosha001

full member

Activity: 168

Merit: 100

why else would reduce the award for the block? if all is well then the complexity of the production will grow strongly and will not have anything to reduce

tosha001

full member

Activity: 168

Merit: 100

calm down. the main thing is not to change the plan and you will be April 24 happiness Wink

richardn1987

full member

Activity: 224

Merit: 100

Quote from: provenceday on April 14, 2014, 09:43:51 AM

Quote from: richardn1987 on April 14, 2014, 09:06:20 AM

We just changed the block reward from 500 to 50.

When I was mining at block reward 500 i got ~3000 coins per day. Now i'm getting ~750 coins a day. That means we lost 60% of our hash rate.

Lowering the block reward will push away more miners. We need more people involved in this coin, not less.

the price is more important than hash rate. Pos coin is 0 hash rate.

This isn't a pos coin. We need a hash rate. More hash means more people involved, less coins per mhs and a higher price as well.

EDIT: and the coming promotion is a better way to raise the price then lowering the block reward again.

Remember, there hasn't been any promotion so far.

provenceday

legendary

Activity: 1148

Merit: 1000

Quote from: richardn1987 on April 14, 2014, 09:06:20 AM

We just changed the block reward from 500 to 50.

When I was mining at block reward 500 i got ~3000 coins per day. Now i'm getting ~750 coins a day. That means we lost 60% of our hash rate.

Lowering the block reward will push away more miners. We need more people involved in this coin, not less.

the price is more important than hash rate. Pos coin is 0 hash rate.

richardn1987

full member

Activity: 224

Merit: 100

We just changed the block reward from 500 to 50.

When I was mining at block reward 500 i got ~3000 coins per day. Now i'm getting ~750 coins a day. That means we lost 60% of our hash rate.

Lowering the block reward will push away more miners. We need more people involved in this coin, not less.

tAP

full member

Activity: 238

Merit: 100

Quote from: Emerald on April 14, 2014, 07:54:15 AM

will change block reward soon?
I still can't move my pawn from cryptorush site still down.

Not sure what the deal is, but in the future I would move all your stuff off of cryptorush. They have already proven unreliable in the past (see: Blackcoin) and go down a lot.

Emerald

newbie

Activity: 56

Merit: 0

will change block reward soon?
I still can't move my pawn from cryptorush site still down.

tAP

full member

Activity: 238

Merit: 100

Keeping the dream alive!

I am definitely biased, but I do like the idea of a continually decreasing reward up until service launch - it's a good idea for some coins in general. This way the early supporters are rewarded for their faith and support - however, how much exactly they should be rewarded, and what is "fair," that's the real question.

provenceday

legendary

Activity: 1148

Merit: 1000

promotion will start before service open？

or after service open?

thanks dev team

any promotion plan or market strategy?

provenceday

legendary

Activity: 1148

Merit: 1000

53. Pawncoin (0.01 %)
Source   Pair   Volume (24h)   Price   Volume (%)
Poloniex   PAWN/BTC   $ 4,660   $ 0.005645   97.53 %
Bittrex   PAWN/BTC   $ 118   $ 0.00418   2.47 %
Total/Avg   $ 4,778   $ 0.005608

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