Quote from: slapper on August 04, 2014, 02:54:20 PM

For more lulz, visit Polo trollbox

Bologniex trollbox is what makes trading crypto worthwhile. It's bout 50 guys trying to rub two nickels together while talking about how Vladimir Putin is making Myriadcoin the new reserve currency.

Quote from: dunchy on August 04, 2014, 06:40:54 AM

How to turn a nice idea into a pile of shit in 4 hours:

http://minichain.info/address/CNCzEBdvxzKSsGGdeqdGv17zuyWLeyAFvw

Yea, that's quite a nice highly optimized GPU miner you have there. This is like when Maxcoin launched with a couple guys having Nvidia miners on day 1 mining 5000x faster than everyone else.

XCN price is a train wreck waiting to happen until there's a long and reasonable explanation about that address.

Quote from: rpietila on August 04, 2014, 02:53:51 PM

That 0.00365 was broken, means that the uptrend that started July 13 in Poloniex when the price was 0.002315, is likely ended.

This is easily explainable by CPU coins not being able to achieve effective distribution to enough parties (miners), alongside the other possible issues that are up in the air with Monero about bloating and what have you.

Quote from: rpietila on August 03, 2014, 07:26:25 PM

What is the fully diluted market cap at present? (of XCN)

(18.4 billion * coin price)

When I did my rough math calculating if there was any profit to be made (XCN), I think my figures were it was the equivalent of Dogecoin being around 120 Satoshi already. As a few other people have said, the price is pretty damn high for a freshly launched coin and will most likely see a nice plunge before it goes anywhere. The issues with people having hidden GPU miners and getting enormous amounts for possible dumps to oblivion is also problematic.

All you really have to do is look at precedent we already have for coins where any hidden GPU miners are involved. Every single one of those coins had apocalyptic price crashes from the initial price. The coin is a complete gamble at the moment. This concludes the XCN r0ach report.