LUXCoin — PHI1612 PoW/PoS Hybrid — new topic in last page - page 71.

crypto.miner.x

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Quote from: zer0k on October 11, 2017, 08:40:52 PM

Quote from: crypto.miner.x on October 11, 2017, 07:56:33 PM

Devs are obfuscating their premined coins. This looks more and more like a one-time pump-and-dump coin.

http://explorer.luxcoin.xyz/address/LRwNsqHEmx9BnqPtkT3SFbRAiw4mYE8Fi3

How is it obfuscated exactly when we can all see it?
Nothings hidden and they've talked openly on discord about moving coins around for distinct teams

The coins been launched one day so far...and there will be an updated to the website and this thread soon enough

it's clear obfuscation when you don't directly send coins to the destination

zer0k

sr. member

Activity: 349

Merit: 250

Quote from: crypto.miner.x on October 11, 2017, 07:56:33 PM

Devs are obfuscating their premined coins. This looks more and more like a one-time pump-and-dump coin.

http://explorer.luxcoin.xyz/address/LRwNsqHEmx9BnqPtkT3SFbRAiw4mYE8Fi3

How is it obfuscated exactly when we can all see it?
Nothings hidden and they've talked openly on discord about moving coins around for distinct teams

The coins been launched one day so far...and there will be an updated to the website and this thread soon enough

TheKryptonian

full member

Activity: 252

Merit: 100

Quote from: crypto.miner.x on October 11, 2017, 07:56:33 PM

Devs are obfuscating their premined coins. This looks more and more like a one-time pump-and-dump coin.

http://explorer.luxcoin.xyz/address/LRwNsqHEmx9BnqPtkT3SFbRAiw4mYE8Fi3

This is very troubling. Hoping for a dev statement soon.

sstercan

member

Activity: 97

Merit: 10

dev must publish a roadmap and make things clear. 16k for masternode is impossible to mine with this nethash. and also premine issues is not clear. hey dev maybe you will publish a roadmap and use escrow for premined coins.

crypto.miner.x

newbie

Activity: 19

Merit: 0

Devs are obfuscating their premined coins. This looks more and more like a one-time pump-and-dump coin.

http://explorer.luxcoin.xyz/address/LRwNsqHEmx9BnqPtkT3SFbRAiw4mYE8Fi3

crypto.miner.x

newbie

Activity: 19

Merit: 0

Quote from: Z1pp4 on October 11, 2017, 06:17:03 PM

Quote from: skdsw on October 11, 2017, 06:05:23 PM

Quote from: Z1pp4 on October 11, 2017, 04:48:31 PM

But why there is a 150GH/s network for shitcoin?

Good promotion, nice design Cheesy

and few days of intrigue before start of mining

But even after that - why there are still 1100 miners just in altminer that mines LUX? i am not saying that this might get to a huge scam and in this case i am not risking much with just 60MH/s, but there are people that gives their 500MH/s and more for a shitcoin.
I remember i was reading once about ether, when it was just announced and there were so much shittalk about it and every second called dev a scammer etc. Now we see ether 2nd crypto in the market.

Well - let's see what will happen in a week or so... maybe i am trying to convince myself that i am doing right thing

Ether has its own codebase. Lux's codebase is full of copy-pasted code from existing coins like Transfercoin and Dash

crombiecrunch

member

Activity: 98

Merit: 10

Hey everyone, the LUX coin had a DB issue over at https://thecryptopool.com. First off coins are safe. Secondly please Pm your wallet address along with any screen shots you may have taken. And we will begin manual payouts.

the coin is offline until we resolve this issue.

trgnn

full member

Activity: 756

Merit: 103

Sell 10LUX pm me your offers.

Neurolicious

full member

Activity: 309

Merit: 100

Quote from: Z1pp4 on October 11, 2017, 06:17:03 PM

Quote from: skdsw on October 11, 2017, 06:05:23 PM

Quote from: Z1pp4 on October 11, 2017, 04:48:31 PM

But why there is a 150GH/s network for shitcoin?

Good promotion, nice design Cheesy

and few days of intrigue before start of mining

But even after that - why there are still 1100 miners just in altminer that mines LUX? i am not saying that this might get to a huge scam and in this case i am not risking much with just 60MH/s, but there are people that gives their 500MH/s and more for a shitcoin.
I remember i was reading once about ether, when it was just announced and there were so much shittalk about it and every second called dev a scammer etc. Now we see ether 2nd crypto in the market.

Well - let's see what will happen in a week or so... maybe i am trying to convince myself that i am doing right thing

Uh.. Take a look at ETH ann page, what ETH had to offer and what were it's plans. And then compare it to LUX which has nothing else to offer but a gimmick Masternode bullshit.

Z1pp4

full member

Activity: 187

Merit: 100

Quote from: skdsw on October 11, 2017, 06:05:23 PM

Quote from: Z1pp4 on October 11, 2017, 04:48:31 PM

But why there is a 150GH/s network for shitcoin?

Good promotion, nice design Cheesy

and few days of intrigue before start of mining

But even after that - why there are still 1100 miners just in altminer that mines LUX? i am not saying that this might get to a huge scam and in this case i am not risking much with just 60MH/s, but there are people that gives their 500MH/s and more for a shitcoin.
I remember i was reading once about ether, when it was just announced and there were so much shittalk about it and every second called dev a scammer etc. Now we see ether 2nd crypto in the market.

Well - let's see what will happen in a week or so... maybe i am trying to convince myself that i am doing right thing

Lister

sr. member

Activity: 532

Merit: 250

When poloniex? I want sell lux Grin

skdsw

full member

Activity: 319

Merit: 100

Quote from: Z1pp4 on October 11, 2017, 04:48:31 PM

But why there is a 150GH/s network for shitcoin?

Good promotion, nice design Cheesy

and few days of intrigue before start of mining

D0WN3D

member

Activity: 86

Merit: 10

Quote from: Z1pp4 on October 11, 2017, 04:48:31 PM

Quote from: Metallurg on October 11, 2017, 04:27:59 PM

Looks like another coin designed to make dev instarich in the first week of exchange, so tired of that.

They will be relased tomorrow, and in the next 2 days it will be on an exchange.

But why there is a 150GH/s network for shitcoin?
I will try to keep my rig there for a while as the most i can lose in my electricity is like 30EUR/month with 650W draw from the wall and another 150$ of coins value that i will not mine in this time. But if dev will come with all the news (roadmap, whitepaper etc.) and coin will go to the moon then i will not lose my 30EUR and get some value out of LUX

They will be released tomorrow on the website.

redsun17

full member

Activity: 266

Merit: 100

Quote from: Z1pp4 on October 11, 2017, 04:48:31 PM

Quote from: Metallurg on October 11, 2017, 04:27:59 PM

Looks like another coin designed to make dev instarich in the first week of exchange, so tired of that.

But why there is a 150GH/s network for shitcoin?
I will try to keep my rig there for a while as the most i can lose in my electricity is like 30EUR/month with 650W draw from the wall and another 150$ of coins value that i will not mine in this time. But if dev will come with all the news (roadmap, whitepaper etc.) and coin will go to the moon then i will not lose my 30EUR and get some value out of LUX

I think you answer your own question. There is 150 GH/s for a shitcoin because in crypto, people always want to try, just in case it works out.

Could LUX work out? Maybe, of course there is a chance. But when we look at 3 million dev pre-mine, dev staking the pre-mins for huge returns, and dev moving his coins around a lot, and the sheer difficulty of mining with long (3 min) blocktimes, you have to ask yourself - what are the chances this project will be worth more than $1/Lux? You need a market cap of over $6 million USD after one year for that to happen. I think the chances are very very low.

So I think this is a riskier gamble. But everyone is allowed to gamble their hash. As long as you know the risks, then roll the dice.

tazmako

full member

Activity: 350

Merit: 100

XDNA - Most innovative cryptocurrency in 2018

my lux wallet v2 cant sync.

im add node but same

lentyna

full member

Activity: 280

Merit: 100

Quote from: joniosbra on October 11, 2017, 04:37:09 PM

Quote from: lentyna on October 11, 2017, 04:31:48 PM

For it to be profitable it should be more than 10,000 sat. For example right now with my 1 7 GPU rig I can make around $15/day mining ZEC but I could mine only 1 LUX in 2 hours so let's say around 12 LUX a day. LUX has to be more than a $1 for it to be profitable to mine. With 60,000,000 total coins I highly doubt it reaching that price.

1$ > 20k satoshis.
and even $1 is not profitable.

That's what pretty much I was saying...

Z1pp4

full member

Activity: 187

Merit: 100

Quote from: Metallurg on October 11, 2017, 04:27:59 PM

Looks like another coin designed to make dev instarich in the first week of exchange, so tired of that.

But why there is a 150GH/s network for shitcoin?
I will try to keep my rig there for a while as the most i can lose in my electricity is like 30EUR/month with 650W draw from the wall and another 150$ of coins value that i will not mine in this time. But if dev will come with all the news (roadmap, whitepaper etc.) and coin will go to the moon then i will not lose my 30EUR and get some value out of LUX

joniosbra

member

Activity: 83

Merit: 10

Quote from: lentyna on October 11, 2017, 04:31:48 PM

For it to be profitable it should be more than 10,000 sat. For example right now with my 1 7 GPU rig I can make around $15/day mining ZEC but I could mine only 1 LUX in 2 hours so let's say around 12 LUX a day. LUX has to be more than a $1 for it to be profitable to mine. With 60,000,000 total coins I highly doubt it reaching that price.

1$ > 20k satoshis.
and even $1 is not profitable.

lentyna

full member

Activity: 280

Merit: 100

For it to be profitable it should be more than 10,000 sat. For example right now with my 1 7 GPU rig I can make around $15/day mining ZEC but I could mine only 1 LUX in 2 hours so let's say around 12 LUX a day. LUX has to be more than a $1 for it to be profitable to mine. With 60,000,000 total coins I highly doubt it reaching that price.

Metallurg

newbie

Activity: 10

Merit: 0

Looks like another coin designed to make dev instarich in the first week of exchange, so tired of that.

Topic: LUXCoin — PHI1612 PoW/PoS Hybrid — new topic in last page - page 71. (Read 147084 times)