Topic: [FRSH] FreshCoin | Freshcoin for 1$ into game | LOW ALGO | POM | FRESH online!* - page 137. (Read 334880 times)
July 11, 2014, 10:21:52 AM
I will take it into consideration and might unfold a part of the plan earlier.
July 11, 2014, 10:18:52 AM
It's actually part of the strategy.
I'm not sure if that's a good strategy when people are so impatient. By the time the coin gets interesting the price will be dumped so low nobody might take the coin seriously
July 11, 2014, 10:09:38 AM
A month from now
1) the sell price of this coin will be less than 100 satoshis.
2) This forum thread will be dead, and the devs will be long gone.
3) This coin will not get listed om MintPal or Cryptsy
1) the sell price of this coin will be less than 100 satoshis.
2) This forum thread will be dead, and the devs will be long gone.
3) This coin will not get listed om MintPal or Cryptsy
July 11, 2014, 10:06:31 AM
SELL
0.00003900 18000.00000000 0.70200000
ouch
wait for me July 11, 2014, 09:44:15 AM
It's actually part of the strategy. If I release the long term plans and features now it definitely would create a nice pump and hashrate right now. (with a bit of overshoot). But the effect will be greater at day 7 when FRESH has some more hashrate back because of the high block reward.
By the way, we are very close building the MAC wallet with gitian. This is great news, since it will makes it very easy and 100% stable to build all the future wallet updates.
By the way, we are very close building the MAC wallet with gitian. This is great news, since it will makes it very easy and 100% stable to build all the future wallet updates.
July 11, 2014, 08:00:14 AM
Whats interesting for me is, savale promised some plans two days ago and he is yet to lay out any. Initial mining and dump is now part of every altcoin which gets released; there is no point in discussing it. Until we really get a bad plan from savale about future of this coin, there is no need to dump. He did say he will release plan "after 7 days" which might not be a good idea.
July 11, 2014, 07:49:48 AM
I say again. Look at the power of network and falling rates. What do you tell me, guys? Seventh day kill the coin is an indisputable fact.
I wouldn't say that prices are really "falling", it's just someone at bittrex sold like ~ 20k so all the buy orders were eaten and the price went down to 0.0000375.. but it's already going up again and the same person that dumped those coins will probably buy some back and sell them later at something like 0.00005. 
There is already a buy order at 0.00003810 for 20k FreshCoins, so that's probably what the dump was all about. 
July 11, 2014, 07:41:07 AM
On the seventh day the coin will fall down below 0.00002 and it is unlikely it will then love those who mine it 6 days and did not sell. Network capacity will fall even more, the price will not rise. Under this scenario, do not expect growth. I only suggest to limit the issue of coins too quickly, we can all see that it has not met expectations.
I understand what you're saying, but cutting the ditribution is not a solution it's just duct tape which only helps people who want to dump (random maxcoin block halving anyone?).
Too many, too many coins.
If you cut further distribution that means less people will sit at the table eating the cake, but the cake will still be a shitty small cake. We need free booze, a jacuzzi and all that stuff so that more people come to this party bringing cake. But if you want your usual p&d coin, go ahead change the plan, cut the distribution and let's all eat the shitty cake and go home hungry.
Here's the thing, the arguably energy efficient algo attracted too many miners for it's own good and the coin does nothing for non-miners as of yet.
Surely Savale haven't played all his cards yet, but we need features, marketing, etc. to get people interested to increase the market cap that is the cake.
July 11, 2014, 07:33:51 AM
Yes,but on the other hand,it's not nice to change rules in the middle of the game.... 
July 11, 2014, 07:24:53 AM
I say again. Look at the power of network and falling rates. What do you tell me, guys? Seventh day kill the coin is an indisputable fact.
July 11, 2014, 07:18:58 AM
All is not lost, only 3 million coins were produced, with 10 million growth can reduce estli award up to 50 coins per unit
July 11, 2014, 07:16:56 AM
Look at volume of exchanges, they are funny, because all produced and bought a lot of coins and expect that after reducing the rewards will be very strong growth. But it will not. too many coins. many people will not wait for the price increase 10 times, they will sell twice as much and be happy. Too many, too many coins.
means coin deadYou and other people are the ones, who wanna dropp the price
to buy it immediatly cheap!
DONT SELL YOUR FRESHCOINS CHEAP!
They know its worthy, but they try to trick you,
and buy cheap from you!
July 11, 2014, 07:16:12 AM
What are you guys talking about?
Bitcoin total supply is 21 million coins and current prices are $600+.
I am very much aware that many miners will dump instantly, but it's up to the dev to announce future plans and follow them through, then there will be enough non-miners buying up all those coins.
These are people that have genuine interest in the coin, which are the coin holders u want for your coin.
It's as simple as that and has nothing to do with total supply...
Bitcoin total supply is 21 million coins and current prices are $600+.
I am very much aware that many miners will dump instantly, but it's up to the dev to announce future plans and follow them through, then there will be enough non-miners buying up all those coins
.These are people that have genuine interest in the coin, which are the coin holders u want for your coin.
It's as simple as that and has nothing to do with total supply...
July 11, 2014, 07:13:55 AM
Look at volume of exchanges, they are funny, because all produced and bought a lot of coins and expect that after reducing the rewards will be very strong growth. But it will not. too many coins. many people will not wait for the price increase 10 times, they will sell twice as much and be happy. Too many, too many coins.
means coin dead July 11, 2014, 07:11:15 AM
Look at volume of exchanges, they are funny, because all produced and bought a lot of coins and expect that after reducing the rewards will be very strong growth. But it will not. too many coins. many people will not wait for the price increase 10 times, they will sell twice as much and be happy. Too many, too many coins.
July 11, 2014, 07:11:09 AM
FRESH.HASHLINK.EU
We are Up an Hashing at last... Spread some hash!
- 1% Fee on all pools
- PROP Payout system
- Dedicated Servers
- Multicoin Pool
- High performance NODE.js backend
- User friendly MPOS interface
- STRATUM
- VARDIFF
- Skilled admins
- Forum and IRC Support
- DoS and DDoS Protection
- Flood protection
July 11, 2014, 07:07:20 AM
nadyus Dev cease production has decreased in numbers and award up to 50 coins per unit without any charges, and production will become more difficult and coins will rise to the moon 
July 11, 2014, 07:05:28 AM
^Cutting the planned total coins to be distributed is not going to get more people interested which means no buy support. It'd just increase the relative value of the coins already mined which would just lead to the already ongoing mindless dump.
The coin needs to be useful or at least have the illusion of being useful in order for people to get behind it and invest.
The coin needs to be useful or at least have the illusion of being useful in order for people to get behind it and invest.
On the seventh day the coin will fall down below 0.00002 and it is unlikely it will then love those who mine it 6 days and did not sell. Network capacity will fall even more, the price will not rise. Under this scenario, do not expect growth. I only suggest to limit the issue of coins too quickly, we can all see that it has not met expectations.
It could be a remedy,but it happens to a coin with short supply also.
May be shortened supply plus value addition work
July 11, 2014, 07:01:33 AM
We can argue, but look at the facts: the network capacity has already fallen twice because the price falls, is not profitable to mining and even direct selling, not to mention the long-term storage. Last day with 1000 coin on the block will kill coin.
July 11, 2014, 06:57:54 AM
^Cutting the planned total coins to be distributed is not going to get more people interested which means no buy support. It'd just increase the relative value of the coins already mined which would just lead to the already ongoing mindless dump.
The coin needs to be useful or at least have the illusion of being useful in order for people to get behind it and invest.
The coin needs to be useful or at least have the illusion of being useful in order for people to get behind it and invest.
On the seventh day the coin will fall down below 0.00002 and it is unlikely it will then love those who mine it 6 days and did not sell. Network capacity will fall even more, the price will not rise. Under this scenario, do not expect growth. I only suggest to limit the issue of coins too quickly, we can all see that it has not met expectations.
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