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Showing 4 of 4 results by sloops
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Board Announcements (Altcoins)
Re: [ANN][AC]AsiaCoin - Version1.0.0.1 Released - Please Upgrade your wallet
by
sloops
on 23/04/2014, 20:34:19 UTC
Just got mine 500 by the GiveAway. Awesome.

And NO, the giveaway will not hurt the AC, since there is just one week of mining left already.

Speaking of mining - the halving just got thing better, the difficulty got halved as well so I am now mining even more than before the 10080 block.

And apart from that just loaded a hefty bunch of AC on the exchange. This is going to be a good investment.

Good luck to all brave people out there!

AV7hCDsU3eWNxXZf17f7J4QRX8QcR7kkSo
How can this guy got giveaway while his registration date is AFTER introduction of AC Huh??

If anyone can get giveaway, so what can stop a kid from creating bunch of accounts and requesting free coins multiple time ?

Giveaway is bad idea.

may have done the twitter option. i still think it's potentially a bad idea and will hold the value down as anyone with a twitter account or multiple can claim 500 at any point... so don't expect values close to any of the major coins anytime soon unless the twitter giveaway ends... unless i'm not getting something... imagine anyone could claim 500 BTC now if they had a twitter account existing before launch and how it would push the value down.

Two things to consider, there is a limited supply of the number of 500 coin giveaways they will be doing and 500 coins is not even a drop in the bucket for a coin that has this much volume on the exchanges. 

The giveaway can only help the coin with positive press and sentiments if successful, and it appears to be successful so far.

If that's true that's great. I'm just looking out for the coin, as it was written it looks quite open to fraud / manipulation. I know people with 20+ twitter accounts for various reasons, and there are companies that have literally hundreds if not thousands for marketing / product advertising. I just thought I'd point it out. The giveaway system should be fair to be successful. There are many people in crypto that are just out for money and themselves that look to abuse good natured / well intentioned gestures like this.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][AC]AsiaCoin - Version1.0.0.1 Released - Please Upgrade your wallet
by
sloops
on 23/04/2014, 20:27:39 UTC
Just got mine 500 by the GiveAway. Awesome.

And NO, the giveaway will not hurt the AC, since there is just one week of mining left already.

Speaking of mining - the halving just got thing better, the difficulty got halved as well so I am now mining even more than before the 10080 block.

And apart from that just loaded a hefty bunch of AC on the exchange. This is going to be a good investment.

Good luck to all brave people out there!

AV7hCDsU3eWNxXZf17f7J4QRX8QcR7kkSo
How can this guy got giveaway while his registration date is AFTER introduction of AC Huh??

If anyone can get giveaway, so what can stop a kid from creating bunch of accounts and requesting free coins multiple time ?

Giveaway is bad idea.


may have done the twitter option. i still think it's potentially a bad idea and will hold the value down as anyone with a twitter account or multiple can claim 500 at any point... so don't expect values close to any of the major coins anytime soon unless the twitter giveaway ends... unless i'm not getting something... imagine anyone could claim 500 BTC now if they had a twitter account existing before launch and how it would push the value down.


Ok,we may reconsider the plan of giveaway.But we just sent 100,000 AC,it won't hit the price.
The giveaway system is closed now.

don't get me wrong. i'm a big fan of the coin, just looking out for it Smiley i think the giveaway is a good idea but has some loopholes people can easily manipulate. don't cut out twitter before hitting me in the giveaway queue Smiley i'm legit, only one claim heh. i'm a lurker here so don't have an account from before launch but have been here mining since day one.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][AC]AsiaCoin - Version1.0.0.1 Released - Please Upgrade your wallet
by
sloops
on 23/04/2014, 20:21:07 UTC
Just got mine 500 by the GiveAway. Awesome.

And NO, the giveaway will not hurt the AC, since there is just one week of mining left already.

Speaking of mining - the halving just got thing better, the difficulty got halved as well so I am now mining even more than before the 10080 block.

And apart from that just loaded a hefty bunch of AC on the exchange. This is going to be a good investment.

Good luck to all brave people out there!

AV7hCDsU3eWNxXZf17f7J4QRX8QcR7kkSo
How can this guy got giveaway while his registration date is AFTER introduction of AC Huh??

If anyone can get giveaway, so what can stop a kid from creating bunch of accounts and requesting free coins multiple time ?

Giveaway is bad idea.

may have done the twitter option. i still think it's potentially a bad idea and will hold the value down as anyone with a twitter account or multiple can claim 500 at any point... so don't expect values close to any of the major coins anytime soon unless the twitter giveaway ends... unless i'm not getting something... imagine anyone could claim 500 BTC now if they had a twitter account existing before launch and how it would push the value down.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][AC]AsiaCoin - Version1.0.0.1 Released - Please Upgrade your wallet
by
sloops
on 23/04/2014, 20:03:59 UTC
is it just me or is the giveaway a terrible idea? with a quick macro and new wallet keys someone could mine the giveaway pool way faster than mining... and the giveaway never ends? how will this not hurt the currency in the long run? And what happens when the difficulty is so high that a single reward of 500 is equal to say a week or a month of mining... how will that not hurt the markets?