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Showing 11 of 11 results by Mulroney
Re: [ANN][1000 SYNC]|POS|ANON NITESEND|Profit share|Asset Backed|Colored Coins
I don't know if anyone realizes this, but having closed the profit sharing program hurts the price. Why would anyone buy if they can't join the program? If people are looking to sell, the best thing you can hope for is that the PSP is reopened, bringing in new buyers. The VIP club should help a few more people trickle in, but nothing like reopening the PSP. 
Re: ★★★★ [CAIx] ★ 100% PoS ★ Update on the total node coins ★★★★
Ok, this is a huge blow, but it's not the end of the world. If this coin is legitimate and the devs still support the coin, we have to face the fact that someone scammed us about the two additional miners. But let's do the math and figure out what Joseph's miner is capable of at these prices.
Using the same figures from the original PSP document, one Titan miner should create 21.9 BTC per month. At a current price of 0.00014 BTC, that single miner could purchase 151,761.90 CAIx per month. Is it as good as three miners? No. But considering the current price of CAIx, it makes a dent.
I never purchased CAIx with the idea that I was purchasing a "currency". There are 1000+ coins all trying to be a currency and CAIx in that regard has nothing special about it. However, if you look at it more as a stock that pays dividends, this organization has potential. The Titan miner could hypothetically destroy about 10% of the coins in circulation over the next ten months. If you combine that with other projects and the developers can get back in their groove and create value again (think Tiny Elementals), those dividends could continue supporting the price and the "coin".
I believe we all got scammed, investors and the foundation (although the foundation seems to have known about it first). But I'd just like to point out that once the dust settles, this could work.
I also propose we end the "masternode" idea with this current round. Any dividends paid to shareholders should be done by destroying coins (share buybacks rather than dividends), and investors should be kept up-to-date on a weekly basis of such destructions. I also suggest the Foundation keep investors abreast of any huge changes. Something this large like the investor with 2 miners reneging is grounds for an immediate announcement. This was not handled well. But I am not dumping at this price, so I hope some of these comments and suggestions are heard.
Using the same figures from the original PSP document, one Titan miner should create 21.9 BTC per month. At a current price of 0.00014 BTC, that single miner could purchase 151,761.90 CAIx per month. Is it as good as three miners? No. But considering the current price of CAIx, it makes a dent.
I never purchased CAIx with the idea that I was purchasing a "currency". There are 1000+ coins all trying to be a currency and CAIx in that regard has nothing special about it. However, if you look at it more as a stock that pays dividends, this organization has potential. The Titan miner could hypothetically destroy about 10% of the coins in circulation over the next ten months. If you combine that with other projects and the developers can get back in their groove and create value again (think Tiny Elementals), those dividends could continue supporting the price and the "coin".
I believe we all got scammed, investors and the foundation (although the foundation seems to have known about it first). But I'd just like to point out that once the dust settles, this could work.
I also propose we end the "masternode" idea with this current round. Any dividends paid to shareholders should be done by destroying coins (share buybacks rather than dividends), and investors should be kept up-to-date on a weekly basis of such destructions. I also suggest the Foundation keep investors abreast of any huge changes. Something this large like the investor with 2 miners reneging is grounds for an immediate announcement. This was not handled well. But I am not dumping at this price, so I hope some of these comments and suggestions are heard.
Re: ★★★★ [CAIx] ★ 100% PoS ★ Update on the total node coins ★★★★
Everyone, the troll knows what's he's doing. He's trying to shake out some coins to scoop them up in the 30k range before the Titans come online and the nodes are paid out (admittedly, this is the perfect opportunity to do so as we have another 12 days before the nodes are paid out). And there has been a lack of news from the dev team recently other than a wallet that was promised to be released days ago (on twitter) and hasn't yet. The troll smells an opportunity here.
The more we go back and forth with him, the more FUD it raises and the more CAIx that fall into his pocket. He's a mini-Iconic Expert here. Best to just ignore him. If you feed him, he won't go away.
The more we go back and forth with him, the more FUD it raises and the more CAIx that fall into his pocket. He's a mini-Iconic Expert here. Best to just ignore him. If you feed him, he won't go away.
I didn't lose anything. I see how math isn't your strong suit though.
And where are the other 2 titans. Seems they have fallen into a memory hole. Where's the pool? Where's the wallet? I mean a real wallet not a copy and paste job any 15 year old can do.
The only thing you've posted that came anywhere close to putting CAIx in a bad light, was your first post - the one with the point raised about the sales invoice. But, then came the response, which kind of pissed on your fireworks.
Since then all you've done is troll.
I'd like someone to remove your trolling, because it's untidy. I think your first post does actually add to this thread (more from the response though, admittedly), so I don't think that should be removed. I really just want the messy posts where you don't say anything worthwhile removed. And then, the mod can remove posts from myself and others that only exist to call you out on being a troll, thus making the thread even tidier.
Sorry you lost money.
And where are the other 2 titans. Seems they have fallen into a memory hole. Where's the pool? Where's the wallet? I mean a real wallet not a copy and paste job any 15 year old can do.
Sounds like this guy wants to censor anything and anyone that puts his investment in a bad light. If you can't handle it maybe you should sell, because you don't seem to have confidence anymore.
As a side note I bought between .00045 and .00050 and that's where I sold. So no, not really a loss at all. Would be if I still had them though.
As a side note I bought between .00045 and .00050 and that's where I sold. So no, not really a loss at all. Would be if I still had them though.
The only thing you've posted that came anywhere close to putting CAIx in a bad light, was your first post - the one with the point raised about the sales invoice. But, then came the response, which kind of pissed on your fireworks.
Since then all you've done is troll.
I'd like someone to remove your trolling, because it's untidy. I think your first post does actually add to this thread (more from the response though, admittedly), so I don't think that should be removed. I really just want the messy posts where you don't say anything worthwhile removed. And then, the mod can remove posts from myself and others that only exist to call you out on being a troll, thus making the thread even tidier.
Sorry you lost money.
Re: ★★★★ [CAIx] ★ 100% PoS ★ Upcoming wallet features released ★★★★
If those are your planned investments, you might as well just hand me your BTC 
And there will be a nice dump at the end of the month no matter what. Worse than there is now. Bag holders will be shitting their pants then 'a la HVC. Right now 5 BTC in selloff will take the price to zero.
I'm done with this merrygoround coin. I could buy back in now and have more coins than I sold but it's a waste of time when there are better options out there like SC, XC, VRC, DRK.
I'm done with this merrygoround coin. I could buy back in now and have more coins than I sold but it's a waste of time when there are better options out there like SC, XC, VRC, DRK.
Re: ★★★★ [CAIx] ★ 100% PoS ★ Upcoming wallet features released ★★★★
Good work everyone, progress is being made at a great speed! Nice to see we're on Cryptsy now (even though I prefer MintPal). Can't wait to see what else is in store for CAIx in the weeks ahead!
Re: ★★★★ [CAIx] ★ 100% PoS ★ Upcoming wallet features released ★★★★
Random staking question....
So if CAIx has an annual inflation/interest rate of 5% a year, and I am staking with 1000 coins, and hypothetically I was the ONLY person staking, would that mean at the end of the year I would earn 50 coins, or (1.6M x 5%) = 80,000?
Or asked another way, if I staked for a year, 5% is the minimum rate based on if everyone is staking? And you get a higher rate when fewer people are staking?
Thanks!
So if CAIx has an annual inflation/interest rate of 5% a year, and I am staking with 1000 coins, and hypothetically I was the ONLY person staking, would that mean at the end of the year I would earn 50 coins, or (1.6M x 5%) = 80,000?
Or asked another way, if I staked for a year, 5% is the minimum rate based on if everyone is staking? And you get a higher rate when fewer people are staking?
Thanks!