tell me good things about SKY

[Anonymous No.14507540]

cause if you own this right now you're getting wrecked.

[Anonymous No.14507595]

>>14507540
Their head guy has hours and hours of schizo rants online. Very entertaining, and sometimes insightful! But yes it is a scam.

[Anonymous No.14507714]

it's been remarkably stable (ranging between $1.00 and $2.00) since november which means all sources of selling (ico investor, bear market, robbers, scam exchange c2cx) have been exhausted.
only 15m supply, most of which is no longer on exchanges but in user wallets earning Coin Hours (SCH), a parallel currency for use in the Skycoin ecosystem which is about to IEO on LBank.
binance have 4.5m SKY left in their cold wallet and that's about it. this means it will moon like fuck with a slight uptick in demand

[Anonymous No.14507733]

>>14507540
there's nothing good

[Anonymous No.14507761]

>>14507714
as for the project itself. it's very hard to get across the scale/scope of this in a few lines, but here's a flavor:
>in development since 2013
>decentralized internet (Skywire) - mesh network with over 10000 nodes (twice as many as TOR) already operational globally
>programming language (CX) - makes smart contracts obsolete and integrates with blockchains to create immutable dapps
>fast/free transactions (3 seconds)
>parallel currency (Coin Hours) - earned every hour by holding SKY in the Wallet, for use in the Skycoin ecosystem (Skywire access, games, gambling etc.) and separate exchange listings
>platform (Fiber) - every project gets its own blockchain, an infinitely scalable network laid side by side, like strands
>$2.00 / 15m in circulation / $30m mcap
>binance listed

[Anonymous No.14507774]

>>14507714
Lol

[Anonymous No.14507824]

Anyone know if you can mine this with raspberry pi? If so how profitable is it

[Anonymous No.14507843]

Server application
NEWFAGS: research the project before even considering "investment". It is entirely constructed to lure in well intentioned newbies.
NO BFT Consensus = not a crypto (one node in network/server application)

[Anonymous No.14507852]

Team faked their own robbery a year ago, dyor

[Anonymous No.14507925]

>>14507761
ive seen this posted as copypasta too many times; can you break it down in real terms. why do I want to build up SCH?

[Anonymous No.14507984]

>>14507824
yes, although the term mining is a bit of a misnomer. best bet is to join the Skywire telegram
>As it currently stands, the testnet generates you 2.838 Skycoin per a node, per a month, up to 8 nodes, last payout being just over 22 Skycoin for the month. And they consume barely any power, it’s rated for about 100w. When the Mainnet is released, the payout scheme will be based on utilization, you will get paid for the bandwidth that is used on your Skyminer. But for now, testnet pays out well and you’re helping make the project a reality, that’s what’s really awesome.
>https://medium.com/@spencerdaemore/diy-skycoin-miner-build-guide-b9ba9aaf77ac

[Anonymous No.14508019]

>>14507852
https://www.skyfud.com/kidnap.html

[Anonymous No.14508139]

No consensus algo so technically infinite tps on the imaginary plane. Team so sketchy that there's no point to even fud it, unfuddable. CEO Brandon Smietana calls himself Synth which is kinda 90s cyberpunk cool if you squint.

[Anonymous No.14508161]

>>14507925
by accumulating SCH you're speculating that the Skycoin ecosystem will have value. their primary use case is to incentivise people (Skyminers) to provide bandwidth/storage for Skywire by running nodes, and a monetary value having been established can also be used for gaming/gambling etc. on dapps programmed in CX and hosted on the Skycoin blockchain, or in webstores or whatever else
>https://medium.com/skycoin/skycoin-coin-hours-f537fa7ae614

[Anonymous No.14508685]

>>14507714
>>14507714
Based. There is only one direction this project can go with all that’s about to be released. But hey, biz says is a scam, don’t you guys dare to go to it’s github’s repos and change branches, nothing to see there.

[Anonymous No.14508913]

>>14508685
The scam is via the distribution and monetary policy. Why do an IEO on a shady chink exchange?

[Anonymous No.14508962]

>>14508685
They'll have to take note of fiddling in PDF files in the github repo to create an illusion of activity.

[Anonymous No.14509075]

>>14508913
>shady chink exchange
is there any other kind? LBank is the 4th largest exchange by adjusted volume

[Anonymous No.14509114]

i went into telegram for the first time in months yesterday, and holy shit what a disaster. they dont even try to pretend its not a ponzi anymore.

synth already scammed and drove away anybody that was ever trying to build anything or contribute to the ecosystem. its literally just african teenagers, ponzi boomers, and pajeets left in telegram.

i guess sudo is trying to pretend he quit the team or something? lol. a narcissist like that would never give up power so easily. he clearly just made a new telegram account under a new name, and is trying to behave himself for as long as he can. he knows he ruined the community.

[Anonymous No.14509202]

>>14508913
CZ ignores old projects in favors of new IEO and red crap. But it is OK when CZ does it.

>>14508913
Show one single proof of that happening. You think the constant unit test work, keeping Travis green, reviewed pull requests gives time to fake commits? Who pays you for the cheap fud?

[Anonymous No.14509230]

>>14509075
Wow 4th volume! You know Lbank actually tried to sell tokens of a project that didnt exist?

[Anonymous No.14509237]

>>14509114

[Anonymous No.14509342]

>>14509230
now do that for the rest. everyone knows almost all volume everywhere is bots. that's a key point as to why SKY is better placed than most projects which exist only to move tokens around. most of its trading volume represents actual users who keep their Skycoins in their wallets. if you're not willing to use "shady chink exchanges" then stick with BTC or build something better

[Anonymous No.14509418]

>>14507843
Consensus while in development is called a "masternode", there's a huge difference between that and a standard server application.

Obelisk, which is one of many consensus methods being developed will be released after Skywire is in mainnet.

[Anonymous No.14509431]

>>14509202
>But it is OK when CZ does it.
Its really not everyone accepts that these shitcoins are a worthless blackhole. Just a game of picking which one actually pumps. As for the other shit think you meant to reply to anon below me?

[Anonymous No.14509560]

>>14509114
wtf i hate skyCoin now

[Anonymous No.14509598]

>>14508913
To pressure binance to list coinhours you stupid faggot why else. If lbank starts to take the Skycoin users from them they will want them back. Use your fucking head pajeet ass nigger

[Anonymous No.14509601]

>>14509342
Why would you be bragging about volume then? Also most exchanges dont try to actively defraud their users like Lbank did with Grin and the fake Kodak ICO

[Anonymous No.14509638]

>>14509114
But sudo is still there? Lol wtf.

[Anonymous No.14509923]

>>14509601
Lbank may or may not be decent, but the important thing here is SCH starting to be traded will lead to other exchanges and pairings. If 1SCH = 1 satoshi, it's gonna be absolute insanity.

[Anonymous No.14510133]

>>14509923
that's more like it.
24 SCH per day per SKY equates to 86400 per year (0.000864 BTC at 1 sat = 1 SCH)
11.5k SKY would generate 1 BTC worth of SCH a year

[Anonymous No.14510265]

>>14510133
Ideal. That's like half of my stack. .5 btc passive income a year ain't bad at all.

[Anonymous No.14510351]

>>14510133
>>14510265
hm. partially fucked that up:
1 SKY generates 8760 SCH per year = 0.00008760 BTC at 1 sat = 1 SCH
conclusion was right

[Anonymous No.14510409]

>>14507540
It’s called “skycoin” so no matter what just by name alone, the price has to go to the sky!

[Anonymous No.14510456]

>>14507595
MUH DOLPHINS
>muh dex
mu cx
https://www.youtube.com/watch?v=joZaJqyl2S0

[Anonymous No.14510508]

>>14509598
Unless Lbank is distributing coinhours to skycoin holders it changes nothing for traders on Binance. You must be grossly overestimating the initial value of coinhours to expect an influx of users that will make Binance even blink. The value of not having to wait 40hours for a withdrawal and having actual order book depth outweighs whatever delusions you have.
>>14509923
Holy delusion

[Anonymous No.14510589]

>>14510508
You're grossly underestimating CZ's greed.

[Anonymous No.14511503]

>>14507733