Quote from: ocminer on November 10, 2014, 02:04:29 PM

Quote from: ShadowBits on November 10, 2014, 01:42:28 PM

Quote from: ocminer on November 10, 2014, 01:40:56 PM

Quote from: ShadowBits on November 10, 2014, 01:37:28 PM

Quote from: egyptocoin on November 10, 2014, 12:48:18 PM

Quote from: notsofast on November 10, 2014, 12:34:50 PM

Quote from: egyptocoin on November 10, 2014, 12:08:41 PM

Soo wait a minute - why would someone need equipment to stake? Seems to me unnecessary. Also it doesn't take an economist to figure out with the inherently outrageous coming inflation keeping the price above levels that will make it profitable for the average investor seems to be a pipe dream.

(I mined some of these coins which is why I'm even here - but I don't like being surrounded by red flags)

My biggest concern is the wallet looks like a copy paste clone.(reminds me of flexible) I would update that immediately.

I think you need to reread the whole thread, and check your risk tolerance.

According to devs, HTML5 wallet is in development, final stages. Often devs will launch with a known working clone wallet and update with uniqur features later once miners and early buyers have a captive investment with some expectation of value locked in. Damn right it's a copy paste clone-- of something that just works, for a smooth launch and mining process.

200% stake is a second phase of distribution trending toward maximum supply and intended to generate short term price support as the only way to acquire future XNAN is to buy current XNAN. Stake percentage was defined in the original announcement and should have factored in to your decision of whether or not to mine this coin.

No equipment is required to stake. I don't know where you got that from, apart from a complete misunderstanding of the follow-up dev announcement about selling bitcoin mining hardware denominated purely in XNAN.

Ok you're right, about the hardware.(my opinion)As for risk tolerance I sold what I mined already so that boat has sailed. But my point about inflation isn't about risk - but reality. Bitcoin has a $12-16 million dollar a day trading average and is in a long decline with only 16% inflation. Granted a million variables can't account for that but if this coin is anything like the other 99% Only a few people will hold them, and with that inflation the dumps will be epic.

Where do you think the price should be right now out of curiousity.

For the record I'm completely ambivalent to P&D I'm an investor, not a moral crusader.

Everyone should remember we are dealing with complex systems here and making absolute statements on such shaky ground is something I wouldn't do. Like you said, "granted a million variables can't account for that". Some of the only points I will make are these. Most coins/wallets are clones or based on one with modification, so that in itself does not nullify this coins worth. As a clone, this is probably a clone of one of the best looking wallets out there. The wallet isn't just aesthetic, is also has utility and built-in features. Bitcoin as a comparison is a dinosaur. The only thing it has going for it is it is a popular dinosaur. Staking has the value of allowing further coin creation to happen after mining has occurred, inviting/encouraging saving behavior as opposed to short-term gratification. There is a risk, but all risk have greater rewards. The coin doesn't have to do much more as it is when you compare it to Bitcoin the dinosaur. A store is nice, but ultimately, I find the markets have to find purposes for coins, not the developer. Developer should mostly worry about making the most accessible, aesthetic, utilitarian, and practical coin/wallet/platforms as possible. Asking him to make you a market for the coin is like asking me to find things you are passionate about. Only you know that Wink

Sorry, a bit of a rant. Also, if people come in here and aren't newbs asking about stupid things, then you know the coin is probably worth something since people are attempting to lower the value further to acquire cheap coins. Weak hands will allow this Wink

Lol dude get real.. Wake up

Thanks for the maturity and constructive criticism. Are you 12 per chance?

I have no time arguing for a two day old project that was exposed as a blatant copy from a coin that failed hard about a week ago.

This is not darkcoin, xc or something like that

All the "ideas" i have heard lots of times

Well people are attempting to revive (respark) Sparkcoin if that's what you are referring to. Just felt you were being a bit harsh. I write over a paragraph for someone to just write 1.5 sentences in a condescending tone. I would of preferred an actual response that I can reply to instead of something belittling me is all. I'm sure you are normally a pleasant person otherwise, just wish the post would depict more. The dev. is still working on this project, unlike the original Sparkcoin, so lets give this coin a fighting chance?