Post
Topic
Board Announcements (Altcoins)
Re: [ANN][POW][XTL] 👾Stellite👾 - decentralized node list via IPFS & ZeroNet
by
Livebetcoin
on 09/03/2018, 02:32:58 UTC
No offense to the Devs and the coin . Its is a good young team and i believe in them .They will do good with this coin
But there is two things fake 1. Network hash-rate 2. Price of coin ( whoever is pumping ) is a real amateur Smiley

Pumping? millions have been bought and sold today. It's a pump...but not an amateur. 1.5btc worth of btc spent in past 24 hours with stable price...that's a hell of an amateur.
My 2 cents, pump to 14 sats dump back to 2 sats rinse and repeat

I would definitely be very careful. Somebody is clearly trying to manipulate the price atm. Someone is mining 95% of the entire supply every day alone. It's a real shame considering the coin has a proper development team and a great community. Unfortunitely this has been a problem for almost all young cryptonote project recently.


What are you saying  Cheesy ? i bought some coin yesterday, today, and someone followed me on the other platforms.

So don't make affirmation like that because it's false. I'm not even mining.

What are you even talking about. Everything you said made no sense lol. The combined nethash of XTLs pools is about ~1Mh/s if you add them all. Assuming there are a few other miners solo mining we can say the coin has about a ~2Mh/s nethash worth of proper miners.

There is a single guy putting in 19-20Mh/s into the coin using a private pool. That single guy is getting about 91% of the block rewards daily.

Hence why I am telling people to be careful. The guy could easily inflate the price and dump it on unsuspected buyers.

Fortunately the devs are aware and are considering forking the coin to help the issue.

Fork if it will fix the problem.