Predict the first trade price of Maxcoin

marcusnz

newbie

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Quote from: Fastpow on February 06, 2014, 12:41:21 PM

Quote from: marcusnz on February 06, 2014, 12:28:07 PM

Quote from: Bobsurplus on February 06, 2014, 11:49:07 AM

Quote from: marcusnz on February 06, 2014, 11:27:39 AM

Does anyone know that reward rate of maxcoin? that will help us a predict a fair price.

Yes..

The network will have a 30 second block time and an initial reward of 96 coins.

so about 2000-3000 coins per day?

No, 2 * 60 = 120
120*24=2880 blocks a day
120*96= 276480 coins a day if the blocktime really was 30 sec.

However on the first day/first few days it'll prolly be alot more.

Its 4:30 am here. I actually meant 200,000-300,000. I think i need to get to sleep. I just want to put up a buy order when it launches at 5:30am (my time) Any chance one of the exchanges will takes orders pretty much straight away?

qiwoman

sr. member

Activity: 294

Merit: 250

I give credit to Max for bringing awareness of alts and BTC to the Mainstream because more the market cap grows for coin all the peeps involved benefit and coins go up in value so that's what we all want so dissing someone that is getting the word out is not the best way to go about things..Of course he is gonna make money but with him many others can hop on and do it too.. If he builds some infrastructure around the coin it could be a long termer but is it just gonna be a speculative coin or something that will add intrinsic value..Time will tell..No idea of price maybe big pump and dump at first and a leveling out? Grin

Fastpow

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Quote from: marcusnz on February 06, 2014, 12:28:07 PM

Quote from: Bobsurplus on February 06, 2014, 11:49:07 AM

Quote from: marcusnz on February 06, 2014, 11:27:39 AM

Does anyone know that reward rate of maxcoin? that will help us a predict a fair price.

Yes..

The network will have a 30 second block time and an initial reward of 96 coins.

so about 2000-3000 coins per day?

No, 2 * 60 = 120
120*24=2880 blocks a day
120*96= 276480 coins a day if the blocktime really was 30 sec.

However on the first day/first few days it'll prolly be alot more.

HowDoge

member

Activity: 69

Merit: 10

Miner & crypto enthusiast

Quote from: MisO69 on February 06, 2014, 09:35:21 AM

Quote from: BitcoinAshley on February 05, 2014, 07:40:24 PM

Who is stupid enough to buy Maxcoin?

I mean, DOGEcoin was at least a meme... but Max Keiser is just a coked up gold/silver/bitcoin pumper with a TV show.

You said it, he has an adult audience with money. Nothing could be better for alts than bringing in more investors.

meme are kids things.

This. Maxcoin is definitely worth look at in my opinion and has potential.

marcusnz

newbie

Activity: 24

Merit: 0

Quote from: Bobsurplus on February 06, 2014, 11:49:07 AM

Quote from: marcusnz on February 06, 2014, 11:27:39 AM

Does anyone know that reward rate of maxcoin? that will help us a predict a fair price.

Yes..

The network will have a 30 second block time and an initial reward of 96 coins.

so about 2000-3000 coins per day?

Bobsurplus

legendary

Activity: 1008

Merit: 1000

Making money since I was in the womb! @emc2whale

Quote from: marcusnz on February 06, 2014, 11:27:39 AM

Does anyone know that reward rate of maxcoin? that will help us a predict a fair price.

Yes..

The network will have a 30 second block time and an initial reward of 96 coins.

marcusnz

newbie

Activity: 24

Merit: 0

Does anyone know that reward rate of maxcoin? that will help us a predict a fair price.

MisO69

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My mule don't like people laughing

Quote from: BitcoinAshley on February 05, 2014, 07:40:24 PM

Who is stupid enough to buy Maxcoin?

I mean, DOGEcoin was at least a meme... but Max Keiser is just a coked up gold/silver/bitcoin pumper with a TV show.

You said it, he has an adult audience with money. Nothing could be better for alts than bringing in more investors.

meme are kids things.

doc12

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1 Dogoshi (0,00000001 Doge)

Last1212

full member

Activity: 182

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Am I the only one who don't know who is Max Keiser?

Bobsurplus

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Making money since I was in the womb! @emc2whale

Quote from: BitcoinAshley on February 05, 2014, 07:40:24 PM

Who is stupid enough to buy Maxcoin?

I mean, DOGEcoin was at least a meme... but Max Keiser is just a coked up gold/silver/bitcoin pumper with a TV show.

Apparently I'm stupid enough to buy some. I cant find any for sale but when I do I'll surely buy them.

MatTheCat

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Quote from: BitcoinAshley on February 05, 2014, 07:40:24 PM

I mean, DOGEcoin was at least a meme... but Max Keiser is just a coked up gold/silver/bitcoin pumper with a TV show.

....and an army of loyal morons who think he is some kind of modern day 'Robin Hood' hero figure.

BitcoinAshley

sr. member

Activity: 448

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Who is stupid enough to buy Maxcoin?

I mean, DOGEcoin was at least a meme... but Max Keiser is just a coked up gold/silver/bitcoin pumper with a TV show.

MatTheCat

hero member

Activity: 840

Merit: 1000

Quote from: chessnut on February 05, 2014, 07:03:18 PM

Max Declared on twitter that he would be selling his coins when the man on the street was talking about it.
so his coin really is a ponzi....
I doubt it will get that far.....
the smart money will not flow to maxcoin.

Nearly all of these other coins are retard coins but nearly all of them have provided stunning gains for those who get in and out at the right time. Max Keiser has a huge following of morons that hang of his every word as though he was delivering some higher form of wisdom.

If Kittehcoin can have multiple growth from $0.01 to the order of around 150, Maxcoin will likely have more...much more. Having said that, I do seem to remember Keiser issuing his silver rounds right near the top of Silver bull run...perhaps lightning is about to strike twice in the same place.

chessnut

legendary

Activity: 924

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Max Declared on twitter that he would be selling his coins when the man on the street was talking about it.
so his coin really is a ponzi....
I doubt it will get that far.....
the smart money will not flow to maxcoin.

GigaCoin

sr. member

Activity: 308

Merit: 251

Giga

i would not buy for the long term but i would speculate.

The problem figuring out the "First trade" price of altcoins became a problematic issue. Unlike in the past, miners tend to overprice a coin due to Hype in the first few days. This leaves very little space for price growth for investors. A week or days later the price almost always crashes, sometimes it never recovers and sometimes it does and goes up higher if the community around the coin works out.

Torque

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As much as I like his webcast, I think a Maxcoin is just a ridiculous display of hubris. I would no more buy a Maxcoin than I would buy a Coinye, GavinCoin, or an AndrewAntonopoulosCoin. Pure silliness.

revans

sr. member

Activity: 336

Merit: 250

How many Maxcoins will there be to the dollar in initial trading? Or in other words how much phoney financial value will be attributed to the Maxcoin monetary base?

Topic: Predict the first trade price of Maxcoin (Read 2748 times)