x20 Investment Opportunity - page 3.

Scuds31091

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Activity: 352

Merit: 250

Quote from: paramind22 on May 14, 2017, 09:50:55 AM

This coin is already 0.00001798 on Cryptopia, that's pretty high already. The other coins I mentioned were under 40 sat or so. I don't feel safe any more in many coins not in the top 100 unless there is something very good about them, like the speed you mentioned, perhaps.

That's not a good way to look at it. The two coins you mentioned are under 40 sats because they have a HUGE supply of coins. One has 650,000,000 and the other has 53,000,000. ACOIN only has 1,200,000 coins. It's supply is super low making it very rare. This is why the price is higher than the other two coins you mentioned. And because it's an older coin I'm sure a handful of those coins are lost making it even more rare than it already is.

Scuds31091

sr. member

Activity: 352

Merit: 250

Quote from: vlad06 on May 14, 2017, 09:44:49 AM

It isn't on YoBit? I can't find it on the market.

This is the link to the yobit market for ACOIN:

https://yobit.net/en/trade/ACOIN/BTC

Otherwise you can type it into the search box on YoBit. The problem is it won't come up atthe top. After you type it in to the search box you have to look down the list a little bit, but it will be there. I bought some ACOIN there... it's on there.

paramind22

hero member

Activity: 2730

Merit: 552

This coin is already 0.00001798 on Cryptopia, that's pretty high already. The other coins I mentioned were under 40 sat or so. I don't feel safe any more in many coins not in the top 100 unless there is something very good about them, like the speed you mentioned, perhaps.

vlad06

sr. member

Activity: 537

Merit: 250

Quote from: Scuds31091 on May 14, 2017, 09:14:17 AM

Quote from: ThomasVeil on May 14, 2017, 03:24:29 AM

Zero development since 3 years?
Looks pretty dead to me.

It is an older coin yes, but it isn't abandoned. If you take a look at the ACOIN forum you'll see that a group of people have just put together a new website, fixed up the wallet, working on a new logo, and getting more miners involved. Their goal at the moment is simply to run a "healthy" chain and go from there. It might not be changing the world with a new idea, but I don't think you can call it "dead".

Quote from: vlad06 on May 14, 2017, 05:12:05 AM

Can't even find it on any exchanges, where's it at?

Yobit: https://yobit.net/en/trade/ACOIN/BTC

Cryptopia: https://www.cryptopia.co.nz/Exchange/?market=ACOIN_BTC

Quote from: Febo on May 14, 2017, 08:37:11 AM

OK.
I am not a miner, but will correct you.
Do you know that when you mine different algorithms with same computer you get different results? To get one hash from SHA-256 or Scrypt you need different computer.

When you compare ACOIN Network Hashrate, please compare it with coins with SHA-256

And have no ideas why this is a speculation. Well it cloud be deleted altogether.

That makes sense. I appreciate the feedback. I'm not a miner either and not completely sure how the different hash's work. Using your suggestion. Even if you compare this coin to it's closest ranking SHA-256 coin this is the valuation:

Zetacoin - $728,000

So even if you use that coin as an example... there is still potential to see x18 return on your investment if ACOIN was to reach the marketcap of its comparable SHA-256 coin Zetacoin. Let me know if I'm still missing something. I appreciate the input.

It isn't on YoBit? I can't find it on the market.

Scuds31091

sr. member

Activity: 352

Merit: 250

Quote from: ThomasVeil on May 14, 2017, 03:24:29 AM

Zero development since 3 years?
Looks pretty dead to me.

It is an older coin yes, but it isn't abandoned. If you take a look at the ACOIN forum you'll see that a group of people have just put together a new website, fixed up the wallet, working on a new logo, and getting more miners involved. Their goal at the moment is simply to run a "healthy" chain and go from there. It might not be changing the world with a new idea, but I don't think you can call it "dead".

Quote from: vlad06 on May 14, 2017, 05:12:05 AM

Can't even find it on any exchanges, where's it at?

Yobit: https://yobit.net/en/trade/ACOIN/BTC

Cryptopia: https://www.cryptopia.co.nz/Exchange/?market=ACOIN_BTC

Quote from: Febo on May 14, 2017, 08:37:11 AM

OK.
I am not a miner, but will correct you.
Do you know that when you mine different algorithms with same computer you get different results? To get one hash from SHA-256 or Scrypt you need different computer.

When you compare ACOIN Network Hashrate, please compare it with coins with SHA-256

And have no ideas why this is a speculation. Well it cloud be deleted altogether.

That makes sense. I appreciate the feedback. I'm not a miner either and not completely sure how the different hash's work. Using your suggestion. Even if you compare this coin to it's closest ranking SHA-256 coin this is the valuation:

Zetacoin - $728,000

So even if you use that coin as an example... there is still potential to see x18 return on your investment if ACOIN was to reach the marketcap of its comparable SHA-256 coin Zetacoin. Let me know if I'm still missing something. I appreciate the input.

paramind22

hero member

Activity: 2730

Merit: 552

Quote from: ThomasVeil on May 14, 2017, 03:24:29 AM

Zero development since 3 years?
Looks pretty dead to me.

This often doesn't matter. I've gotten behind about five dead coins just in contributing to their threads. Earthcoin was one of them and it revitalized. There are over five similar coins today, including XBY and Chesscoin. Cryptocurrency is about the big coins, sure, but it's
also about how getting behind small coins can create wealth for smart people with good work ethics.

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: Scuds31091 on May 13, 2017, 02:14:42 PM

However, it's hashrate is one of the highest around at #6. It's higher than ETH, LTC, DOGE, DASH, and many other reputable larger marketcap coins. Why would ACOIN have so much mining interest? Correct me if I'm wrong, ...

OK.
I am not a miner, but will correct you.
Do you know that when you mine different algorithms with same computer you get different results? To get one hash from SHA-256 or Scrypt you need different computer.

When you compare ACOIN Network Hashrate, please compare it with coins with SHA-256

And have no ideas why this is a speculation. Well it cloud be deleted altogether.

vlad06

sr. member

Activity: 537

Merit: 250

Quote from: Scuds31091 on May 13, 2017, 02:14:42 PM

ACOIN is currently a $44,000 marketcap coin... putting it pretty far down the list. However, it's hashrate is one of the highest around at #6. It's higher than ETH, LTC, DOGE, DASH, and many other reputable larger marketcap coins. Why would ACOIN have so much mining interest? Correct me if I'm wrong, but I would imagine the miners know something that we don't. They wouldn't just waste money mining a coin that they can't sell at a good price right? If I had to make a bet, I think someone is expecting these coins to be way more valuable in the near future. Even if the coin got to just a $1,000,000 marketcap which is very small compared to the other coins with the same hashrate, you're looking at x20 your investment or more at the current price.

Diamond in the rough? I think so. Let me know what you think about this coins situation.

Here is a live list of the coins sorted by hashrate: http://www.coinwarz.com/cryptocurrency?sort=hashrate&dir=desc

Can't even find it on any exchanges, where's it at?

ThomasVeil

sr. member

Activity: 252

Merit: 250

Zero development since 3 years?
Looks pretty dead to me.

kolesozw

legendary

Activity: 1316

Merit: 1004

FRX: Ferocious Alpha

Quote from: Scuds31091 on May 13, 2017, 02:14:42 PM

ACOIN is currently a $44,000 marketcap coin... putting it pretty far down the list. However, it's hashrate is one of the highest around at #6. It's higher than ETH, LTC, DOGE, DASH, and many other reputable larger marketcap coins. Why would ACOIN have so much mining interest? Correct me if I'm wrong, but I would imagine the miners know something that we don't. They wouldn't just waste money mining a coin that they can't sell at a good price right? If I had to make a bet, I think someone is expecting these coins to be way more valuable in the near future. Even if the coin got to just a $1,000,000 marketcap which is very small compared to the other coins with the same hashrate, you're looking at x20 your investment or more at the current price.

Diamond in the rough? I think so. Let me know what you think about this coins situation.

Here is a live list of the coins sorted by hashrate: http://www.coinwarz.com/cryptocurrency?sort=hashrate&dir=desc

Much more a ruby than a diamond. But a good spot, thanks

I will enter with a small amount.
Graph looks promising. It's not like CRW, where you have a great hashrate and free-fall price.

Scuds31091

sr. member

Activity: 352

Merit: 250

ACOIN is currently a $44,000 marketcap coin... putting it pretty far down the list. However, it's hashrate is one of the highest around at #6. It's higher than ETH, LTC, DOGE, DASH, and many other reputable larger marketcap coins. Why would ACOIN have so much mining interest? Correct me if I'm wrong, but I would imagine the miners know something that we don't. They wouldn't just waste money mining a coin that they can't sell at a good price right? If I had to make a bet, I think someone is expecting these coins to be way more valuable in the near future. Even if the coin got to just a $1,000,000 marketcap which is very small compared to the other coins with the same hashrate, you're looking at x20 your investment or more at the current price.

Diamond in the rough? I think so. Let me know what you think about this coins situation.

Here is a live list of the coins sorted by hashrate: http://www.coinwarz.com/cryptocurrency?sort=hashrate&dir=desc

Topic: x20 Investment Opportunity - page 3. (Read 6331 times)