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Re: [ANN] Dreamcoin [DRM] - X11 - PoW/PoS - Poloniex - Bittrex ~ 15% PoS!
Stake is working just as expected. 
Another step in the right direction.
Now for my dream:
I want to run a quick compare of DRM to one of my favorite older coins, HoboNickels. I mined HBN from the start and manged to get a decent amount of them over a period of time. HBN last summer sometime were worth less than $0.02 today they trade consistently in the 30,000 satoshi range or $0.13 range and have been as high as 50,000 satoshi recently.
Now the interesting part to me is the cap on HBN is 120,000,000 coins. Granted the current money supply is only 4,354,952 so we will work with that number.
DRM will have only around 1,800,000 total coins from POW. That means that HBN already has 240% more coins minted than DRM will ever have minted via POW and HBN is selling for 30,000 satoshi and doing very well. Granted HBN is more mature and has several things in place that DRM does not have. HBN by the way has a great developer, Tranz, who is very active and helpful. The HBN wallet is something that other developers of POS coins should use as an example (great job Tranz). My HBN are a long term hold.
So, back to DRM, using the above info if you adjust DRM for the # of coin difference it should be trading at around 240% of HBN. But, as it does not have all the uses in place yet, let's use 150%. That would put DRM at 45,000 satoshi.
Now the real kicker, DRM will be done with POW at 1,800,000 coins, HBN will be issuing another 100,000,000+ coins. Also, DRM pays 15% on stake HBN pays 100% stake. While I REALLY like HBN and will be keeping mine, DRM is way under valued. At this point, even without zerocoin, it looks to me like it should trade at 100,000 satoshi.
Add a multi pool and some basic uses and it goes even higher.
If successful in getting zerocoin implemented I do not even want to guess what the price might be. The sky is the limit. My plan, hold and keep accumulating DRM.
After all a guy has to dream.
Another step in the right direction.Now for my dream:
I want to run a quick compare of DRM to one of my favorite older coins, HoboNickels. I mined HBN from the start and manged to get a decent amount of them over a period of time. HBN last summer sometime were worth less than $0.02 today they trade consistently in the 30,000 satoshi range or $0.13 range and have been as high as 50,000 satoshi recently.
Now the interesting part to me is the cap on HBN is 120,000,000 coins. Granted the current money supply is only 4,354,952 so we will work with that number.
DRM will have only around 1,800,000 total coins from POW. That means that HBN already has 240% more coins minted than DRM will ever have minted via POW and HBN is selling for 30,000 satoshi and doing very well. Granted HBN is more mature and has several things in place that DRM does not have. HBN by the way has a great developer, Tranz, who is very active and helpful. The HBN wallet is something that other developers of POS coins should use as an example (great job Tranz). My HBN are a long term hold.
So, back to DRM, using the above info if you adjust DRM for the # of coin difference it should be trading at around 240% of HBN. But, as it does not have all the uses in place yet, let's use 150%. That would put DRM at 45,000 satoshi.
Now the real kicker, DRM will be done with POW at 1,800,000 coins, HBN will be issuing another 100,000,000+ coins. Also, DRM pays 15% on stake HBN pays 100% stake. While I REALLY like HBN and will be keeping mine, DRM is way under valued. At this point, even without zerocoin, it looks to me like it should trade at 100,000 satoshi.
Add a multi pool and some basic uses and it goes even higher.
If successful in getting zerocoin implemented I do not even want to guess what the price might be. The sky is the limit. My plan, hold and keep accumulating DRM.
After all a guy has to dream.
Excellent post. Made my day
An X11 multipool would be awesome for the hot summer months.
Re: [ANN] Dreamcoin [DRM] - X11 - PoW/PoS - Poloniex - Bittrex ~ 15% PoS!
Can someone shed some light on this comment from the LibertyCoin thread? It's in the OP
"Important ANN:
We received news from the Zerocoin Team itself that they have abandoned the zerocoin project. Zerocoin is now a dead project. We had started implementing their library to Libertycoin hoping to implement a fully functional and stable version when they released more updates. Unfortunately, there is nothing we can do now. We will start removing the zerocoin library that we added to the code, and we will consult with our developer if there are other anonymizers we can deploy in the future. For the time being we will realease an update removing zerocoin from our code, and Libertycoin will remain as a great X11 100% proof of stake coin with 16.5 Million units.
About implementing the Zerocash
We will certainly study it, and if we consider it stable we will do it. They have already abandoned one project, so we don't want to take the risk of implementing something unstable that could be abandoned in the future. We paid a high price with zerocoin.
Regarding the price fall:
- We are convinced today's dump was a very positive thing. Thanks to the users spreading FUD, we got rid of the weak hands and people who easily mined thousands of coins.
- Now Libertycoin has a better distribution thanks to the mechanics of the free market and the invisible hand.
- Thanks to the people dumping we managed to buy (with our own money) all the coins up to the 850 price. Coins that we will use for the creation of the Liberty Reserve Fund that will help paying for the further development of the coin.
The future:
- For the ones that have not noticed, there's not a single coin with 16.5M coins + 100% proof-of-stake + X11 trading at this price.
- In the Libertycoin team, we want to focus in to making Libertycoin a coin used in Real Life services and not just a coin for pure speculation.
- We are currently working with some members involved into the Bitcoin Foundation of a Latinamerican country (we will not say all the detailts yet) to create the first Fiat / Bitcoin exchange of that country, exchange that will include Libertycoin. It will bring a lot of press and buy volume to Libertycoin.
- We will continue working on Libertycoin. We promise you won't regret being part of this great community
Regards"
"Important ANN:
We received news from the Zerocoin Team itself that they have abandoned the zerocoin project. Zerocoin is now a dead project. We had started implementing their library to Libertycoin hoping to implement a fully functional and stable version when they released more updates. Unfortunately, there is nothing we can do now. We will start removing the zerocoin library that we added to the code, and we will consult with our developer if there are other anonymizers we can deploy in the future. For the time being we will realease an update removing zerocoin from our code, and Libertycoin will remain as a great X11 100% proof of stake coin with 16.5 Million units.
About implementing the Zerocash
We will certainly study it, and if we consider it stable we will do it. They have already abandoned one project, so we don't want to take the risk of implementing something unstable that could be abandoned in the future. We paid a high price with zerocoin.
Regarding the price fall:
- We are convinced today's dump was a very positive thing. Thanks to the users spreading FUD, we got rid of the weak hands and people who easily mined thousands of coins.
- Now Libertycoin has a better distribution thanks to the mechanics of the free market and the invisible hand.
- Thanks to the people dumping we managed to buy (with our own money) all the coins up to the 850 price. Coins that we will use for the creation of the Liberty Reserve Fund that will help paying for the further development of the coin.
The future:
- For the ones that have not noticed, there's not a single coin with 16.5M coins + 100% proof-of-stake + X11 trading at this price.
- In the Libertycoin team, we want to focus in to making Libertycoin a coin used in Real Life services and not just a coin for pure speculation.
- We are currently working with some members involved into the Bitcoin Foundation of a Latinamerican country (we will not say all the detailts yet) to create the first Fiat / Bitcoin exchange of that country, exchange that will include Libertycoin. It will bring a lot of press and buy volume to Libertycoin.
- We will continue working on Libertycoin. We promise you won't regret being part of this great community
Regards"
@libertycoin please reconsider my proposed partnership with Freebiescoin. We have the necessary resources to take Libertycoin to the moon further than Cinni. Keep up the good work.
Freebiescoin developer
Freebiescoin developer
Dev please consider this. 2 is always better than one
Re: [ANN] Dreamcoin [DRM] - X11 - PoW/PoS - Zerocoin - Bittrex ~ 15% PoS!
Is there any truth to this coin being instamined?
it has not been instamined
you sure? first blocks have more reward than the latter, this lead to instamine to me, but i'm not against it, i just want to know
yes I think it is..
So then it was instamined. Peeps on the Polo trollbox said so, so wanted to verify it. We probably need a richlist.
Re: [ANN] Dreamcoin [DRM] - X11 - PoW/PoS - Zerocoin - Bittrex ~ 15% PoS!
looking to buy 2BTCs worth of Dreamcoin at a base price of 8200Sats each, PM me.
Don't think anyone is going to sell it to you that cheap.
Considering it was 2000sats 2 days ago, its a very nice stable price to exit the tons of load of DRM u miners have.
This coin is a bitch to mine. so no I bought most of my DRM. Saw the potential and took a gamble.
Re: [ANN][SHARE]ShareCoin - Pure POS - MultiPool - Official exchange launched
Bottom line. Sharecoin exchange is very very good for a new exchange. Everything is quick. I do think Dev should increase the BTC fee to 0.15% or atleast say 0.10% as a promotion and then increase to 0.15%
The Exchange needs to make money for the Feeshare concept to take off which in turn will cause the SHarecoin price to go up. Also start a voting tab and eventually a BTC donation tab but give more votes than Mintpal.
I love the sharecoin idea and would like to see this coin succeed. Also like the other poster said, base all you calculations for now on a 500BTC volume. Also a lot peeps are now IPOing via an Exchange. That should also help drive traffic.
Just my 2 cents
I don't see any of the ShareCoin, FeeShare is an IPO. I'm not taking any of your BitCoin. All ShareCoin are given out for free. Then 5% FeeShare are sold at 20,000 ShareCoin per FeeShare. Those Coin will then be redistributed to ShareCoin holder until all 50% of FeeShare are distributed, which mean that FeeShares are also free.The Exchange needs to make money for the Feeshare concept to take off which in turn will cause the SHarecoin price to go up. Also start a voting tab and eventually a BTC donation tab but give more votes than Mintpal.
I love the sharecoin idea and would like to see this coin succeed. Also like the other poster said, base all you calculations for now on a 500BTC volume. Also a lot peeps are now IPOing via an Exchange. That should also help drive traffic.
Just my 2 cents
Sorry meant IPOing NEW coins
That way everyone has a fair chance and there is no issue of mistrust. Polo does this all the time. Last night they IPOed Limecoin Lite (LCL)Re: [ANN][SHARE]ShareCoin - Pure POS - MultiPool - Official exchange launched
Bottom line. Sharecoin exchange is very very good for a new exchange. Everything is quick. I do think Dev should increase the BTC fee to 0.15% or atleast say 0.10% as a promotion and then increase to 0.15%
The Exchange needs to make money for the Feeshare concept to take off which in turn will cause the SHarecoin price to go up. Also start a voting tab and eventually a BTC donation tab but give more votes than Mintpal.
I love the sharecoin idea and would like to see this coin succeed. Also like the other poster said, base all you calculations for now on a 500BTC volume. Also a lot peeps are now IPOing via an Exchange. That should also help drive traffic.
Just my 2 cents
The Exchange needs to make money for the Feeshare concept to take off which in turn will cause the SHarecoin price to go up. Also start a voting tab and eventually a BTC donation tab but give more votes than Mintpal.
I love the sharecoin idea and would like to see this coin succeed. Also like the other poster said, base all you calculations for now on a 500BTC volume. Also a lot peeps are now IPOing via an Exchange. That should also help drive traffic.
Just my 2 cents
Re: [ANN] Dreamcoin [DRM] - X11 - PoW/PoS - Zerocoin - Bittrex ~ 15% PoS!
looking to buy 2BTCs worth of Dreamcoin at a base price of 8200Sats each, PM me.
Don't think anyone is going to sell it to you that cheap.
Re: [ANN][LIBERTYCOIN][XLB] X11 | POS/POW | 5 Days of Mining | Zerocoin
Not liking how I cannot see my hashrate or any details at http://coins.hashfaster.com/