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Showing 14 of 14 results by mjk37
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Board Announcements (Altcoins)
Re: PIECOIN REBOOT
by
mjk37
on 23/08/2017, 21:26:33 UTC
Masternode testing will begin tonight ETA on launch is 9/1/17

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Board Announcements (Altcoins)
Re: [ANN] Denarius [DNR] - NEW "Tribus" PoW Algo >> PoW/PoS Hybrid >> Satoshi Core
by
mjk37
on 19/08/2017, 01:58:50 UTC
Max supply down to 10 Million wasn't it 14 million?
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Board Announcements (Altcoins)
Re: [ANN] Denarius [DNR] - NEW "Tribus" PoW Algo >> PoW/PoS Hybrid >> Satoshi Core
by
mjk37
on 07/08/2017, 21:10:08 UTC
### CWI-MINING - CWIGM

hi all ...

our latest revision of our miner to the Closed Beta testers has been released ...

part of the additions and upgrade to CWIgm-0.9.8 is the addition of the tribus algo - and some optimization to both skunkhash and tribus algo ... as well as some cosmetic display changes to the miner itself - a few parameters have been added - making mining that less cumbersome and much easier ...

if you would like to join our closed testing - please pm me with what cards you have and what windows operating system ...

the release post is located in our thread here - https://bitcointalk.org/index.php?topic=2054431.msg20690322#msg20690322 ...

tanx ...

#crysx
Good job .Man

(10% Premine of 1,000,000 DNR
50% of the premine 500,000 DNR will be going to bounties, promotions, marketing, and services.
The other 50% is my personal funding for maintaining and funding the development of this coin.)
I think this is a big percentage and will affect the market

I don't think 5% for the dev is too much to ask at all at 10 million coins he will only have 500k
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Board Announcements (Altcoins)
Re: PIECOIN REBOOT
by
mjk37
on 01/08/2017, 19:26:55 UTC
How will this swap affect people holding PIE in the windows wallet? Nice to be able to keep them in the wallet for staking but do not want to miss the swap.


Anyone have an answer for this because I really don't like keeping coins on exchanges
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Board Announcements (Altcoins)
Re: PIECOIN REBOOT
by
mjk37
on 31/07/2017, 22:52:41 UTC
How will this swap affect people holding PIE in the windows wallet? Nice to be able to keep them in the wallet for staking but do not want to miss the swap.
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Board Announcements (Altcoins)
Re: PIECOIN REBOOT
by
mjk37
on 30/07/2017, 23:54:01 UTC
We are doing very well. Don't worry about the price it is going up and will continue to grow. Come join our active active PIECoin Discord https://discord.gg/4RwRXEd

I agree I think worrying about the price right now is kind of pointless as im sure it is bound to see some wild swings as people try to take profits at 400 - 500 sats and hey if you bought in at 10 or 20 sats its a 40X gain I get it.

i'm not thinking of a 40X gain when the whole market for this is only 850,000 right now there is plenty of room to grow here lets see the relaunch under EPI masternode implementation and other features the devs are working on. And did anyone really put enough money in to even see a massive ROI at 500 sats. Even if you bought a Million at 10 sats you are only looking at 4 -5 BTC which is great but its a small slice of what is to come in the future IMO

I'm just gonna let my pie continue to bake and see what the future brings.

One question I do have is what percentage of the current supply do the devs hold as that could dramatically affect the price in the future not sure if there was a large pre-mine on this coin or if it 100% out in the open market.

Great work guys and keep the updates coming your hard work is gonna pay off for sure!

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Board Announcements (Altcoins)
Re: PIECOIN REBOOT
by
mjk37
on 30/07/2017, 22:12:30 UTC
Just so I'm clear any PIE I'm holding or purchase on cryptopia will be automatically converted to EPI and I won't have to do anything?

This is a long term hold for me and I am sometimes away without internet access for extended periods and I would hate to miss the swap and be stuck with the old coin

Thanks
No worries about that : automatic Wink

So is this just gonna be a hard fork where we end up with both tokens or something completely different which just ignores the original blockchain.
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Board Announcements (Altcoins)
Re: PIECOIN REBOOT
by
mjk37
on 30/07/2017, 21:27:52 UTC
Just so I'm clear any PIE I'm holding or purchase on cryptopia will be automatically converted to EPI and I won't have to do anything?

This is a long term hold for me and I am sometimes away without internet access for extended periods and I would hate to miss the swap and be stuck with the old coin

Thanks
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Board Announcements (Altcoins)
Re: PIECOIN REBOOT
by
mjk37
on 30/07/2017, 11:38:08 UTC
Also some things I think that would help a great deal.

New Website
New thread on this forum
Have coinmarketcap delete links to old websites and announcement thread as I can see it creating confusion among potential investors
 
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Board Announcements (Altcoins)
Re: PIECOIN REBOOT
by
mjk37
on 30/07/2017, 11:07:37 UTC
Hello guys, what do you think about PIE today , any thoughts about 270 sat? Smiley

It's possible today reach 270-300 satoshi, but none of us have a glass ball to see what the price will be in the future Smiley

The market determines what the price will be Wink

All depends on the supply and demand. If all the early adopters sell off now to make a killing then it may take time for the price to rise more but we purchased around 85k now but we are still waiting for how much is needed to run a masternode. I hope that it will not be more than 100k or 250k maximum otherwise it will be too expensive.  Grin

Also too many big sells on C-CEX need to be taken out first before it can rise.

All Math done here based on a Price of 1 BTC = $2650

100K TO 250K is way to much considering the available supply say 75 Million that would mean at 100K for master node there would only be a total of 750 masternodes available if all available coins are in masternodes.

Its not about how expensive or inexpensive the masternode will be it is about the sustainability of the network and with only 750 available I just cant see how that will work.

You are only taking into account the cost of the coin today lets say 250 Sats.

100K x .00000250 is .25 BTC or about $700.
250K x .00000250 is .625 BTC or about $1650

These prices for masternodes are ridiculously inexpensive if the price target is 250 Sats

Masternodes are about residual income and the backbone or DAM of a coin and raises its value since most would hopefully be tied up in masternodes. But at 250 sats there is no reason to hold 100K to 250K in a single masternode after you do some math even if a masternode earns 20% (probably closer to 1%) at max your yearly income would be about $350 so it would take approximately 5 year to see an ROI on a 250K masternode.

Even at 1000 sats this would only be about $550 annually to hold 250K PIE worth $6600 at todays BTC price which will obviously change

if it takes less coins to own a masternode then the price of the coin will rise accordingly just look at all other masternode coins.

Dash 1000 Coin Masternode 7500 masternodes available at todays circulating supply cost of masternode around $190,000.
PIVX 10000 Coin Masternode 5300 Masternodes Available cost of masternode around $18000.
CHC (Which is not a great example because of the drama there) 1000 Coin Masternode 15000 available cost of one around $700 and this coin has no support other than a HODL group.

I would think target for PIE masternode needs to be somewhere in the 10 - 15K range having between 4500 - 7500 masternodes available.

Even if price reaches 1$ that would make it 10 - 15K for a masternode which would still be a reasonable price for a masternode for a coin with development and a road map for the future.

Even Linda which right now is 6 Sats needs 30000000 coins for a masternode which is about $4700 and these don't even work yet

If this is implemented properly I can see the price easily rising to over 1$ especially if we can get on Bitrrex or Poloniex.

Maybe I am way off here but someone else please lets hear your thoughts.
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Board Announcements (Altcoins)
Re: PIECOIN REBOOT
by
mjk37
on 30/07/2017, 00:26:19 UTC
With Masternodes I think the price could skyrocket this of course will depend on how many coins are needed for a Masternode.

Looking at other Masternode coins I do not think 10K Sat is out of the question again depending on the number of coins needed for a masternode
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Re: [ANN] Denarius [DNR] - NEW "Tribus" PoW Algo >> PoW/PoS Hybrid >> Satoshi Core
by
mjk37
on 26/07/2017, 20:23:14 UTC
Ya DNR is my long term hold right now I see great potential here as long as the DEV sticks with it I think sky's the limit with this coin.

Only problem right now is the relatively low volume but that could all change tomorrow with the right promotion / publicity or if it were added to a bigger exchange.
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Board Announcements (Altcoins)
Re: [ANN] Denarius [DNR] - NEW "Tribus" PoW Algo >> PoW/PoS Hybrid >> Satoshi Core
by
mjk37
on 24/07/2017, 19:32:33 UTC
Just an update Denarius [DNR] on CoinMarketCap is now updated to included our Cryptopia listing

https://coinmarketcap.com/currencies/denarius-dnr/

Great news should help bring more awareness to this amazing project!
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Board Announcements (Altcoins)
Re: [ANN] Denarius [DNR] - NEW "Tribus" PoW Algo >> PoW/PoS Hybrid >> Satoshi Core
by
mjk37
on 18/07/2017, 20:33:23 UTC
Actually had a question can I be Staking and Mining at the same time or do they both use my GPU for their operations?

Also wanted to say keep it up looking great so far and more exchanges will definitely help with awareness. I actually just joined this forum to comment on this thread lol.

What are the plans for the future of this platform?