End of pump...And I think end of story...
Why so pessimistic?Because there is no basis for such large-cap.
Topic: Swiscoin - Clone version of Litecoin. Launched! - page 4. (Read 19389 times)
Because there is no basis for such large-cap.
End of pump...And I think end of story...
Why so pessimistic?
End of pump...And I think end of story...
just reminder:
Swiscoin added to
www.mining-dutch.nl
Diff: 8192 | stratum+tcp://mining-dutch.nl:3326
Vardiff | stratum+tcp://mining-dutch.nl:3426
Diff: 16382 | stratum+tcp://mining-dutch.nl:3526
Also active on our Multiport
Happy mining.
Swiscoin added to
www.mining-dutch.nl
Diff: 8192 | stratum+tcp://mining-dutch.nl:3326
Vardiff | stratum+tcp://mining-dutch.nl:3426
Diff: 16382 | stratum+tcp://mining-dutch.nl:3526
Also active on our Multiport
Happy mining.
Coinitrage.com Arbitrage Firm now accepts SCN!
Live chat support is now available on-site to SCN users, or forum support is also available on our BitcoinTalk ANN: https://bitcointalksearch.org/topic/bitchange-brand-new-coin-exchange-2016-launch-1725963
Please note that while we offer services with SCN, we are not directly affiliated with the developers of the coin. Please read our Terms of Service before using the Coinitrage Arbitrage Platform!
Live chat support is now available on-site to SCN users, or forum support is also available on our BitcoinTalk ANN: https://bitcointalksearch.org/topic/bitchange-brand-new-coin-exchange-2016-launch-1725963
Please note that while we offer services with SCN, we are not directly affiliated with the developers of the coin. Please read our Terms of Service before using the Coinitrage Arbitrage Platform!
Good luck to the devs and the "community"
it's true . too much premine and Seems like a scam
swisscoin is shit coin, i wo';t buy this coin
Why would anybody clone Litecoin? Maybe because its the easiest to clone? Dont get it?
Hey! it's ranked on the 15th place in coinmarketcap!
What a surprise!
What a surprise!
Swiscoin volume is 1.5 million today and up 135% on CMC.
WTF? is this a scam or real? Seems like a scam. But it has large volume and a big pump. wow. someone has plenty of scamming money to throw around.
WTF? is this a scam or real? Seems like a scam. But it has large volume and a big pump. wow. someone has plenty of scamming money to throw around.
Never know now days. Could be 100% legit or might not. No matter what we all think or feel in the end time will def let us know. More people with money are getting involved in crypto so its getting harder to tell real investors vs single rich guy getting richer
There was some scam well joke or wtf ever on reddit months back where some guy was giving away like 1500btc. and he burnt like 10btc in transaction to prove it was real. But in the end he was just basically throwing he was rich in peoples faces. The world is just disgusting now days :p 
Swiscoin volume is 1.5 million today and up 135% on CMC.
WTF? is this a scam or real? Seems like a scam. But it has large volume and a big pump. wow. someone has plenty of scamming money to throw around.
WTF? is this a scam or real? Seems like a scam. But it has large volume and a big pump. wow. someone has plenty of scamming money to throw around.
Straight top coin, volume few million day. Let them buy this coins at all enough 
2.5 billion coins at this price 
, since it is already in top 5 coins.
2.5 billion coins at this price , since it is already in top 5 coins. 
Or simply just put the entire reward on block 1 instead of spreading it over 17k blocks. seems like a lot of effort for nothing if theres nothing shady going on :p whats the pos rate? they get a nice first pos block chunk too? shit Imma just download the src lol :p
Good fun There is no pos. Pow only.
And you are right, too much effort for nothing. This coin has more holes in it than swis cheese, get it?
Anyway, I am out of here, just wanted to warn people that its a strange coin.
Good luck to the devs and the "community"
This is one strange coin.
Funny thing is they removed the usual "moneysupply" output from the getinfo rpc command.
You have to use the gettxoutsetinfo
swiscoind gettxoutsetinfo
{
"height" : 162715,
"bestblock" : "f90e40f14b46aed666637f821a0ddffda3cd7d7b5f59ededa72160ba37892dda",
"transactions" : 71151,
"txouts" : 72656,
"bytes_serialized" : 4695675,
"hash_serialized" : "2bea2830791b0a56a0ea078f673901853f2d9cc31f64f471a7d4ff3dbe473741",
"total_amount" : 2462448592.00000000
}
Like stated here:
They premined almost half of 3.1bilion, which means 1.5bil? I dont understand what they were trying to say here exactly
How is the current supply 2462448592 (2,4 bilion), if they premined 3.1 but actually just half of that? I mean, what?
Also why is coinmarket cap not calculating this existing, spendable ready to be dumped 2 bilion into the price?
Market cap / Coin supply = Price
26,595 BTC / 474,508,849 = 0.00005604 BTC <--- Current stated price acording to coinmarket cap
26,595 BTC / 2,462,448,580 = 0.00001080 BTC <--- Real price considering the real available supply
Price should be 5 times lower.
Anyway, beware with this coin
Edit:
The block explorer is also shit, block #2, with the premined 2bil: https://scnblockchain.com/block/ae1ae408b74d6ce810c456a6a4c8c3061c93f26d78ac1e04cfad212848a07551
The coins were mined to: SYFiTiRRHw688wtom3GoczmLD5YpFw6g9K and this address is showing no transactions: https://scnblockchain.com/address/SYFiTiRRHw688wtom3GoczmLD5YpFw6g9K
They probably intentionally deleted these transactions from the blockexplorer database...and the same goes for all the addresse in the premine. They are all showing balance 0.
Funny thing is they removed the usual "moneysupply" output from the getinfo rpc command.
You have to use the gettxoutsetinfo
swiscoind gettxoutsetinfo
{
"height" : 162715,
"bestblock" : "f90e40f14b46aed666637f821a0ddffda3cd7d7b5f59ededa72160ba37892dda",
"transactions" : 71151,
"txouts" : 72656,
"bytes_serialized" : 4695675,
"hash_serialized" : "2bea2830791b0a56a0ea078f673901853f2d9cc31f64f471a7d4ff3dbe473741",
"total_amount" : 2462448592.00000000
}
Like stated here:
Premined Coins
Swiscoin has come with 3.1 billion coins technology, It premined almost half means 1.5 billion coins for the purpose of marketing after the target reached it will be flushed. Just the genesis block and the first 2 blocks to confirm the genesis is valid. We believe a coin needs to be released in a fair manner. Having one person (or a group) control a large amount of coins that can be used as they see fit is against the decentralized vision of Litecoin. Yes, it is true that without a stash of pre-mined coins, we will not be able to afford to pay for bounties, but we believe people will see the virtue of this coin, invest in it as early adopters, and will be willing to spend time creating services to make this coin better. We believe to create a value of the coin, and more demand will take it to the top.
Swiscoin has come with 3.1 billion coins technology, It premined almost half means 1.5 billion coins for the purpose of marketing after the target reached it will be flushed. Just the genesis block and the first 2 blocks to confirm the genesis is valid. We believe a coin needs to be released in a fair manner. Having one person (or a group) control a large amount of coins that can be used as they see fit is against the decentralized vision of Litecoin. Yes, it is true that without a stash of pre-mined coins, we will not be able to afford to pay for bounties, but we believe people will see the virtue of this coin, invest in it as early adopters, and will be willing to spend time creating services to make this coin better. We believe to create a value of the coin, and more demand will take it to the top.
They premined almost half of 3.1bilion, which means 1.5bil? I dont understand what they were trying to say here exactly
How is the current supply 2462448592 (2,4 bilion), if they premined 3.1 but actually just half of that? I mean, what?
Also why is coinmarket cap not calculating this existing, spendable ready to be dumped 2 bilion into the price?
Market cap / Coin supply = Price
26,595 BTC / 474,508,849 = 0.00005604 BTC <--- Current stated price acording to coinmarket cap
26,595 BTC / 2,462,448,580 = 0.00001080 BTC <--- Real price considering the real available supply
Price should be 5 times lower.
Anyway, beware with this coin
Edit:
The block explorer is also shit, block #2, with the premined 2bil: https://scnblockchain.com/block/ae1ae408b74d6ce810c456a6a4c8c3061c93f26d78ac1e04cfad212848a07551
The coins were mined to: SYFiTiRRHw688wtom3GoczmLD5YpFw6g9K and this address is showing no transactions: https://scnblockchain.com/address/SYFiTiRRHw688wtom3GoczmLD5YpFw6g9K
They probably intentionally deleted these transactions from the blockexplorer database...and the same goes for all the addresse in the premine. They are all showing balance 0.
It is pump and dump story. The volume is not really. No communities. Someone just buying and selling at the same time to make volume. Be careful with this coins.
i was planning to buy this coin on Novaexchange, but i didn't... price was 250sats!!!! was a very big profit, if i did. There is really a lot of volume and it is now also listed on c-cex... i even don't know what this coin is or what they do, but people that bought at 250sats are now happy for sure.
Jump to: