Investigation Complete of Instamines and Fastmines for almost every top alt coin - page 5.

r0ach

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Quote from: neuroMode on May 08, 2014, 12:55:02 AM

Myriadcoin: "It may not become the gold standard, but it's one of the best out there."

Everyone likes Myriad, but nobody wants to invest in it because you're unable to form a cartel to choke off coin supply and artificially increase value. It's greatest strength is it's greatest weakness!

neuroMode

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Myriadcoin: "It may not become the gold standard, but it's one of the best out there."

Thorgrim

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This is what the OP had to say about Worldcoin:

Quote

Worldcoin

type of alogrithm: scrypt

PoW only

It appears that Worldcoin had a minor instamine.

93)

Haf a million coins were generated in 57 hours. The data produces that noticeable instamine curve. However, the curve ends quickly and enters into a rather straight line…

Notice also that as of the time of this writing, there is over 53.3 million Worldcoins. The percentage of coins that represents the fastmine is less than 1% of what is available to the population. This is less than the Litecoin fastmine percentage.

The sign of a fast or instamine is not good, but the short period has had less effect on Worldcoin holders than what some of these other coins could have. This also straddles the line between a question coin and an okay coin for us in terms of fastmining/instamining.

Which is reasonable, however it was mentioned earlier that all coins in that time period had very rapid coin production the first few days because developers hadn't figured out a good way to launch the coin and difficulty adjustments were inadequate.

MicroGuy

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Twitter @realmicroguy

Quote from: Whoisthelorax on May 07, 2014, 10:59:50 PM

Quote from: MicroGuy on May 07, 2014, 10:51:50 PM

This "information" reads more like the retarded edition of a random Columbo investigation.

https://www.youtube.com/watch?v=XNGsTdX3aFU

says the goldcoin guy.

http://www.devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins#goldcoin

I need to say nothing more.

Obviously, since you are apparently 'clueless' to the coin's comprehensive history.

https://bitcointalksearch.org/topic/m.3289325

Whoisthelorax

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Quote from: MicroGuy on May 07, 2014, 10:51:50 PM

This "information" reads more like the retarded edition of a random Columbo investigation.

https://www.youtube.com/watch?v=XNGsTdX3aFU

says the goldcoin guy.

http://www.devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins#goldcoin

I need to say nothing more.

MicroGuy

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Twitter @realmicroguy

This "information" reads more like the retarded edition of a random Columbo investigation.

https://www.youtube.com/watch?v=XNGsTdX3aFU

Whoisthelorax

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Activity: 370

Merit: 251

Quote from: Rofo on May 07, 2014, 10:08:30 PM

May I ask you to do one for NobleCoin, and be as critical as you like of the 2% premine. I'm liking the info, but wouldn't want your page to seem too biased.

eeeew...just saw their blockchain...300 mill premine! pretty much guaranteed in the extreme caution section. Looking into it now.

r0ach

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Quote from: Whoisthelorax on May 07, 2014, 01:52:24 PM

Quote from: Daedelus on May 07, 2014, 12:24:46 PM

How do you judge value? Why would Nxt price increase so much and why hasn't the debilitating dump occured after such a large percentage increase?

All POS are created at the beginning, how could it be any other way? And how is this reflected in your article? So you are to conclude that all POS are poor investments for all time and not to consider how they are distributed over time?

i imagine they don't want to sell 1/10 of their stake and have the value crash the other 9/10th of their NXT wealth. THey are selling slowly, as judging by their smallish volume numbers.

The word for that is called "price fixing" lol.

Rofo

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May I ask you to do one for NobleCoin, and be as critical as you like of the 2% premine. I'm liking the info, but wouldn't want your page to seem too biased.

Whoisthelorax

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Quote from: Daedelus on May 07, 2014, 04:59:22 PM

Quote from: Daedelus on May 07, 2014, 12:24:46 PM

How do you judge value? Why would Nxt price increase so much and why hasn't the debilitating dump occured after such a large percentage increase?

All POS are created at the beginning, how could it be any other way? And how is this reflected in your article? So you are to conclude that all POS are poor investments for all time and not to consider how they are distributed over time?

I don't think you answered these.

I answered the dump question, as did someone else.

In regards to 100% PoS coins, that is the ultimate dilemma; how to do dispense your coins fairly if there is no slow mining of them? No one has solved that dilemma yet and NXT is a great example of what not to do. If a 100% from-the-beginning PoS coin comes along and does it right, they will get a much better rating in this wiki.

I am particularly harsh of PoW/PoS coins that rush to get out of PoW. So many of them flash mine 15,20,30,50% of the total coins.

Whoisthelorax

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Quote from: Daedelus on May 07, 2014, 04:59:22 PM

Quote from: Daedelus on May 07, 2014, 12:24:46 PM

How do you judge value? Why would Nxt price increase so much and why hasn't the debilitating dump occured after such a large percentage increase?

All POS are created at the beginning, how could it be any other way? And how is this reflected in your article? So you are to conclude that all POS are poor investments for all time and not to consider how they are distributed over time?

I don't think you answered these.

you ask why the price rose so much. It didn't. It started out obscenely high.

See here...post 568

Quote

Quote from: bitdraw on November 20, 2013, 05:41:27 PM
can you still transfer btc to nxt or is this already over?

Over. But u can buy NXT for BTC from one of us, who already got the stake.

Edit: I can sell 1 mil from my own stake for 1 BTC. I'll send them to ur account right after the launch.

as you can see in a post a little bit above that one...

https://bitcointalksearch.org/topic/m.3653432

here is one investor who sent .01 BTC and received half a million NXT...
19xu8F5tqTwBFGC9SvdRcKmWvUXCxhtnK8; 66be9c7ceccd2d3508fddbb141b45a30a10a561b8e891b9c653ceebd38d087a9; 0,01; 300; 3; 498758

here is another one, sent .01 btc and got 480,000 NXT...

924ayrHexjvoFAtCXDQjHcrf5B3YDqYyM; ceac3ebd0c237349b7dabfa00eb8f2e9a1dcddb44acaef90a79321d92e44efe6; 0,01; 290,467937608319; 2,90467937608319; 482910

and another...

1C9p5AymSToqgTUTJ2vvpRumL3xEg78Kyg; e4b859a276a8f64b95c7df7e5967af4ef75f17375601856655489f5542d3b491; 0,0101; 300; 3,03; 503745

So i want you to think about that. When was the price really low?

They buy 500,000 NXT for around .01 BTC as an investment IPO. Then they want to sell 1,000,000 NXT for 1 BTC.

If the market wanted to give the coin full credit for what the investor's paid, 1,000,000 NXT would be .02 BTC. This seller in the thread...before NXT even launched...wanted to sell his NXT at fifty times the price he bought it!

Daedelus

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Quote from: Daedelus on May 07, 2014, 12:24:46 PM

How do you judge value? Why would Nxt price increase so much and why hasn't the debilitating dump occured after such a large percentage increase?

All POS are created at the beginning, how could it be any other way? And how is this reflected in your article? So you are to conclude that all POS are poor investments for all time and not to consider how they are distributed over time?

I don't think you answered these.

salsacz

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Activity: 490

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it's the same as Nxt. People just invested almost nothing. Btc cost 100 USD, so just a little proof of "I am not a socketpuppet"

Whoisthelorax

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Quote from: salsacz on May 07, 2014, 02:58:53 PM

people should forbid him to check CommunityCoin, ShareCoin or Information or he would get heart-attack, just LOOK at those numbers:

I invested 0 Btc and I got:
more than
1.000.000.000 x investment in Communitycoin

more than
1.000.000.000.000.000 x investment in ShareCoin

more than
1.000.000.000.000.000.000.000.000.000.000.000.000.000 x investment in InformationCoin

Just do the math:

0x1.000.000.000 BTC < 1 mil COMM

0x1.000.000.000.000.000 BTC < 65k SHARE

0x1.000.000.000.000.000.000.000.000.000.000.000.000.000 BTC < 500k INF

And the same numbers apply in Nxt calculations. Nxt IPO was not investment, you cannot make any ROI calculations based on PoS. Devs just want to distribute the coins, fairly.

Wow. did you really just try and say you invested nothing, multiply nothing by a bagillion numbers, and use that as your argument?

Shocked

Daedelus

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Quote from: CurbsideProphet on May 07, 2014, 02:25:51 PM

Quote from: Daedelus on May 07, 2014, 12:24:46 PM

How do you judge value? Why would Nxt price increase so much and why hasn't the debilitating dump occured after such a large percentage increase?

Because it is a highly illiquid market. You won't find enough buyers at that price to "dump" the coins on. These initial 70 are sitting on a mountain of coins that on paper, are worth a tremendous amount, but it's only on paper. Try to flood the market with all those coins and lets see what price they actually get.

True. Large trades are done on trading threads with no effect on the price. Lophie moved most of his in this way over the past few months.

salsacz

hero member

Activity: 490

Merit: 504

people should forbid him to check CommunityCoin, ShareCoin or Information or he would get heart-attack, just LOOK at those numbers:

I invested 0 Btc and I got:
more than
1.000.000.000 x investment in Communitycoin

more than
1.000.000.000.000.000 x investment in ShareCoin

more than
1.000.000.000.000.000.000.000.000.000.000.000.000.000 x investment in InformationCoin

Just do the math:

0x1.000.000.000 BTC < 1 mil COMM

0x1.000.000.000.000.000 BTC < 65k SHARE

0x1.000.000.000.000.000.000.000.000.000.000.000.000.000 BTC < 500k INF

And the same numbers apply in Nxt calculations. Nxt IPO was not investment, you cannot make any ROI calculations based on PoS. Devs just want to distribute the coins, fairly.

CurbsideProphet

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Quote from: Daedelus on May 07, 2014, 12:24:46 PM

How do you judge value? Why would Nxt price increase so much and why hasn't the debilitating dump occured after such a large percentage increase?

Because it is a highly illiquid market. You won't find enough buyers at that price to "dump" the coins on. These initial 70 are sitting on a mountain of coins that on paper, are worth a tremendous amount, but it's only on paper. Try to flood the market with all those coins and lets see what price they actually get.

Daedelus

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Activity: 574

Merit: 500

And what effect does the selling slowly have to the distribution and price?

Whoisthelorax

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Activity: 370

Merit: 251

Quote from: Daedelus on May 07, 2014, 12:24:46 PM

How do you judge value? Why would Nxt price increase so much and why hasn't the debilitating dump occured after such a large percentage increase?

All POS are created at the beginning, how could it be any other way? And how is this reflected in your article? So you are to conclude that all POS are poor investments for all time and not to consider how they are distributed over time?

i imagine they don't want to sell 1/10 of their stake and have the value crash the other 9/10th of their NXT wealth. THey are selling slowly, as judging by their smallish volume numbers.

Whoisthelorax

sr. member

Activity: 370

Merit: 251

http://www.devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins&#clear_water_coin

Clear water coin...call it an IPO, call it development, call it for the good of the currency...

We don't believe you.

Topic: Investigation Complete of Instamines and Fastmines for almost every top alt coin - page 5. (Read 12014 times)