Quote from: Branko on October 03, 2018, 07:15:18 PM

Quote from: Searing on October 03, 2018, 07:05:23 PM

Quote from: Branko on October 03, 2018, 06:59:54 PM

Quote from: Searing on October 03, 2018, 06:45:48 PM

snip

Theres NO 10-15 TIMES MORE COINS NOW THAN THEY PLANNED. You can repeat it 1000 times, it won't become truth.
Actually 2 years ago you could calculate exactly how many coins would be circulating now, with 2-3% accuracy.

well there is a hell of a lot more difficulty out there than there was....

thus there has to be more coins out their than they planned IF they were the only asic's in town

as they planned to be at this point in time in 2018.

difficulty goes up ..you run thru the coins faster and put them into the world? right?

still confused...clarify....if coin price determined by how many exist vs equip costs of the network etc?

not trying to slam here...but all them 4/5's of NON obeblisk blake2b miners got some kinda benifit from

all this.....so i'm confused if what you say is true...why the fork? It should make no difference in price

etc from what you say....4-5k of obelisks after the fork are not gonna generate enough to effect any

of this...thus why fork? where is the profit in doing so? why bother?

again, not a slam...use small words...

brad

4-5k obelisks will generate exactly the same amount of coins as million of innosilicon asics would.

Difference is, your Obelisk would get 1sc per month in that scenario, this way your obelisk
will get 1000 per day (totally made this number, but if you want, I can calculate excat profit for exact
number of obelisks because amount of sia coins per day is a constant number

Difficulty is magic wand here, the more ASICs(hashpower if you like) the bigger the difficulty...it auto-adjusts
to make number of coins per day constant

Pretty good explanation can be found here (and in better English, as its my 4th language, lol):

https://siasetup.info/learn/mining_and_forks

so you are saying that price of siacoin does not matter the amount of coin ..thru difficulty..that happens to exist at any point in time

the non siacoin miners 4/5's ran difficulty up (i'm assuming) more so than if only 1/5th was how siatech

envisioned such when they made the units and thought they were gonna be the only game in town in 2018.

So, how is price determined? Is it all speculation and thus the amount of coin in existence does not matter?

We are just farther along in the difficulty curve?

Also, why the big push by obelisk for ASIC's is it only the supposed 'secure network' they wanted for their

cloud storage vision as they say?

So If I'm following this correctly at this point in time 4/5's of all coin in exitence is 'owned' or mined

by say 4/5's of non obelisk equipment (gpu's/purchace of such/non siatech obelisks)

so .the ONLY angle that an obelisk sc-1 has 'with the fork' is that it can continue to mine and get siacoin

as the 'supposed' only miner on the hash network ...ASIC wise with the fork?

Assuming, I'm following the above (big assumption) than how does their cloud storage vision

come into this whole thing asic's vs price etc?

again, maybe it is all moot ..and the value of siacoin will tank to dust...if their cloud storage

vision does not come to pass (the reason for siacoin supposedly)

On a side note on asic's I'm guessing we will have an annoucement soon (if not already) of a siacoin

classic coin (for the NON-forked asic units in the world) ...wait for it..just saying...no idea what it means

but I myself would bet on it

thanks for the clarification..let me know what you think about the above...just trying to flesh this all out

in some manner.

brad

p.s. as to the free decred miner I'm getting (at least I used the 5 1/2 coupons for something) that is

looking pretty dire...but at least I swap'd the coupons for better 'wall art'