Bitcoin Forum

SIMPLICITY IS OUR STRENGTH

FIRST ALTCOIN EXCHANGE ACCEPTING TRADES IN BOTH INDIAN RUPEES AND UNITED STATES DOLLAR

Q:  WHATS THAT?

ANS:  ITS INSTANT CRYPTO CURRENCY EXCHANGE SUPPORTING FIAT TO CRYPTO TRADES. A next GENERATION CRYPTO-COIN TRADING PLATFORM OPERATED IN INDIA BY ENTHUSIASTS WITH EXTENSIVE DEVELOPMENT AND SECURITY BACKGROUND AND TO AVOID THE RISK OF SCAMMS IN CRYPTO FIELD IN INDIA. WE FACED SEVERAL SCAMS WHILE USING SEVERAL CRYPTO CURRENCY TRADING PLATFORMS FROM MTGOX TO THE RECENT EXCHANGE WHICH EVEN FACED COLD WALLET HACK  BUT WHEN WE TRIED TO TAKE ACTIONS WE COME TO KNOW THAT THERE ARE LIMITATIONS DUE TO INTERNATIONAL RULES. THAT’S WHY WE DECIDED TO PROVIDE SAFE AND SECURE SERVICES TO USERS SO THAT THEY CAN TRADE WITHOUT HAVING FEAR OF GETTING SCAMED OR INTERNATIONAL LAWS AND LIMITATIONS.


Q:  WHATS THE DIFFERENCE BETWEEN OTHERS AND YOU?

ANS: WE DONT WANT TO SAY THAT WE ARE FAST, WE ARE RELIABLE, WE ARE EFFICIENT, NON MANIPULATIVE, BUILT ON CUSTOM FRAMEWORK, FULLY SECURED INSTEAD OF THAT WE ONLY WANNA SAY WE ARE DEPENDABLE AND HONEST 
WE ARE LAUNCHING WITH 5 COINS BTC, LTC, MUE, XPY AND LEO. YOU CAN TRADE THEM AGAINST BTC, USD OR INR PLANNING TO ADD FURTHER CURRENCIES SHORTLY.
WE ARE NEW SO WE KNOW WE ARE NOT GOING TO GET SUCCESS OVERNIGHT NOR DO WE EXPECT THAT. BUT WE KNOW IF WE CAN GET THE SUPPORT OF THE COMMUNITY WE CAN ACHIEVE OUR GOALS SLOWLY AND WITHOUT THE SUPPORT OF THE CRYPTO COMMUNITY WE ARE GOOD FOR NOTHING. THATS WHY WE DECIDED TO START WITH 0% FEES AND WE ARE EVEN NOT CHARGING ANY FEES TO ADD NEW COIN TO OUR EXCHANGE  IF WE GET ENOUGH DEMAND FROM OUR CRYPTO COMMUNITY WE WILL ADD ANY COIN YOU DEMAND 


WE HAVE ONLY ONE REQUEST GIVE US A TRY AND IF YOU FEEL WE ARE GOOD FOR NOTHING YOU CAN LEAVE US BUT WE ARE SURE THAT WILL NOT HAPPEN 
WE DON’T WANT TO WASTE YOUR’s AND OUR TIME IN PREPARING WRITE UPS BECAUSE WE ARE NOT GOOD IN THAT SO LETS JOIN HANDS AND START TO CONQUER 



WE KNOW WE ARE NOT PERFECT BUT INSTEAD OF CRITICISM WE ARE HOPING LOOKING FOR YOUR ADVICE AND SUPPORT. THANKS  
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SUPPORT: administrator@coldcoiner.com, coldcoiner@gmail.com















UPDATES:

1, SSL enabled.


users ignored for trolling and spreading FUD:

@Paul Revere @suchmoon

I want to sell my whole 0.03 btc how to sell it ?

Go to http://trade.coldcoiner.com

Signup deposit btc and place sell order :)

Are you joking ? What is this ?

https://trade.coldcoiner.com/images/page/main.png

Moreover http://www.coldcoiner.com takes me to an error page !!!

Looks like you bought this exchange. Let me remember its name ended with 'ex'

May i know why are you going to http://coldcoiner.com       the. Exchange address was not that its http://trade.coldcoiner.com :-) and may i please know whats so funny in the logo ?

Nope we bought the trade engine i mean script and modified :-)

seems like a ponzie sceam but I will deposit some money on it soon..like to give it a try

Mate this is our main problem we trust Japanese exchange and lose money, we trust hong Kong exchange and lost money , we trust Romanians and lost money but we declare indian startup fraud prior even using it :-)

We are not running ponzi scheme mate its an exchange we will not provide you any benifit on your deposit. If you want to sell or buy altcoin using Indian Rupees then use our services.

Note: we are accepting INR deposit through bank transfer so i dont think we can hide easily :-)

Why would an exchange be  a ponzi ? Do you have any reason to believe so ?
 

Only because of indian startup :) what else mate .

Well...hope to see some trades before i jump in

Did anyone tried it ?

upgrading the exchange so no registration is possible at present.

Okay

Another foreign scammer want to block indian startup :-)  go to your thread .


Its indian thread and if they deposit INR they know the bank account details. Its not easy to fuck indians like josh fucked you all idiots :-)

You are the one who was fucked by Josh Garza, not me. You even admit it. I am someone that saw what was going on and tried to warn you, just like I see giant red warning flags with this obvious scam you are now trying to pull to recoup your losses. Just because you got scammed does not make it right for you to do now scam others, so fuck you, your obvious scam, and your childish petty insults.

P.S. Are you going to answer any questions or not?

If you are not fucked by him why all time you are licking asses in the Josh garza thread ? All your post belongs to there so enjoy there
None of your questions will be answered. If geniune users will want information we will provide that :-)

And in india there is a dialogue:

Kutto ke bhokne se haati nahi rukta :-)

And you are ignored .

And we are also planning to arrange a press conference ( Indian News Papers ) to clear our vision and future strategies :-)

How am a not a genuine user? You are here soliciting something to me, and I am considering it. To make an informed decision, I am asking questions about some things that obviously do not make sense, like how the ridiculous escrow purchase proposal will actually work. Please answer that and other questions.

Know you are asking in a decent way :-)

And yes we will provide answer but posting like this will not help r u comfortable on irc chat ?

Are you going to answer these basic questions about things which do not make sense in your plan or not?

Real simple question. Yes, or No.

Whats ur first question ?

I have posted questions repeatedly, and you refuse to answer, but I will take the time to post some AGAIN.

A: You have said that TNT can only be purchased through escrow. You have also stated that "investors" will be able to dump the stake from their TNT after purchase. Those things contradict each other. Which is it? Can TNT be traded on exchanges or not?

B: You have also stated that after putting purchase funds into excrow and receiving TNT, the buyer will be able to spend or dump his stake from these coins. You have also stated that the purchaser is completely safe in his investment and can return the coins and get his purchase funds back at any time during the escrow.  How does that work? Example: I buy 1,000 TNT on a 90 day escrow, and dump all staked coins for 89 days and then return them and get my purchase funds back. Sounds like a sure fire way to make the coin fail to me.

C: You are now claiming that you are using a Cryptsy wallet for Paycoin because the Paycoin wallet does not function correctly. Why are you listing a coin on your exchange if it does not function properly?

I will be back in one hour on mobile at present we can discuss one by one

Believable lies and deflection of difficult questions can take a while to come up with I guess.

I love to fuck the trolls .

i am here coldcoiner . i will answer all your questions. Wunk want me to deal with you wooohooooooooooooooooooooooooooooo lets start you inteligent boy. i want some drama here  ;)


your first question:


A: You have said that TNT can only be purchased through escrow. You have also stated that "investors" will be able to dump the stake from their TNT after purchase. Those things contradict each other. Which is it? Can TNT be traded on exchanges or not?


prior answering it i need the link to the post where we wunk stated that the users buying coins with escrow are allowed to dump the stake generated coin


common show me paul i really like to see  8)


and why i am using wunks account to reply here. boy try to understand there are posting limits here for new account . i don't have any account here at bitcointalk i hate the trolls here  8)


where r u paul not able to find the post very sad very very very sad :) common i am waiting i am waiting (  02:45:39 PM )


where r u questionnaire  i am here common boy lets have some fun show me the post where r u boy ok let me show you the post :


Topic: [ ANN ] Transit Coin [ TNT ]


 Link:    https://bitcointalk.org/index.php?topic=1066969



and here you go the first post by wunk:

FIRST COIN WHERE YOUR FUNDS ARE 100% SAFE. ESCROW BUY

Escrow option:

Finalize the escrow the buyer want to use ( only trusted escrow service will be accepted )===> inform us how many coins u want to buy ==> we will send the coins to escrow and buyer will send the BTC to Escrow===> Escrow will hold the fund equal to 1$/coin for 3 months. :-) ( If the buyer want to sell back the coin they can contact escrow for the same and get back the funds by giving back the coins he bought and stake generated)


Note: Only buy coin using escrow. Else don't buy at all.

bitpop is ready to handle the escrow.  and you can also choose another escrow but only trusted escrow will be accepted. Thanks.




read the above bold para you little coochy poochy guy. and show me where it is stated that user can dump the stake coin and give refund the rest to escrow  ?


i am waiting boy what did you thought Indians are fools. you don't know us  8)

I will assume by your demeanor that you have deleted your post where you said that, since I see a shitload of missing posts from you. Please explain EXACTLY how this escrow works then. First you claimed people had to mail you funds, then you changed that to some cockamamy escrow system that makes no sense. Explain EXACTLY what it is you are implementing. Also, answer question C, unless you are too busy being a fucking punk and insulting people who want information about this "exchange".

I think the thing you are missing is that this whole enterprise require people to trust you, and you are proving to people that you are a lying scumbag who will do anything possible to try to fool people, and it isn't working. FAIL.

Ok Paul is missing. let me explain the words below mentioned :)

Escrow option:

Finalize the escrow the buyer want to use ( only trusted escrow service will be accepted )===> inform us how many coins u want to buy ==> we will send the coins to escrow and buyer will send the BTC to Escrow===> Escrow will hold the fund equal to 1$/coin for 3 months. :-) ( If the buyer want to sell back the coin they can contact escrow for the same and get back the funds by giving back the coins he bought and stake generated)


Note: Only buy coin using escrow. Else don't buy at all.

bitpop is ready to handle the escrow.  and you can also choose another escrow but only trusted escrow will be accepted. Thanks.


1, Finalize the escrow the buyer want to use ( only trusted escrow service will be accepted ):

Meaning : Buyer of the coin ( for paul : by buyer of the coin i mean the person , company or animal who want to buy TransitCoin with BTC , LTC or any coin valued equal to the rate of TransitCoin he/they want to buy. like 100$ for 100Transit coin :) to use it on the market, to trade or to wash his ass with the coin ) can choose his preferred escrow service from the entire universe but we only accept the tristed escrow service we will not accept you as escrow if someone want to use your escrow we will shit on them instead of giving coin  ;D


2,  

no no boy if there was one try to find the archive you done it several times to prove wunk wrong common dont act like innocent you are strong common fuck me you strong man i am waiting waiting and waiting show me the post else open your mouth so that i can shit there you fool . i am not wunk i am coldcoiner i love to fuck you foreign idiots


and wait i will give you the link you fool where one of your gang quoted the post of wunk and wunk replied give me some time i have to dig it from all the shit you posted he he he  8)


i got it you fool you idiot you head less moron:

https://bitcointalk.org/index.php?topic=1072935.120


check the image below you fool you team mate is harrasing wunk showing escrow details he posted you fool look below:


http://s17.postimg.org/csk1z7n4f/tnt.png

Hey wankboner, how about you answer some real questions instead of throwing a fit here.

For example:

https://bitcointalk.org/index.php?topic=1066969.msg11506954#msg11506954


In addition:

How will you prevent the stake from being dumped?

Please elaborate how to deposit "$ to escrow wallet". How are you and/or your escrows licensed to handle fiat transactions?

Also this:

https://bitcointalk.org/index.php?topic=1072935.msg11514863#msg11514863

ha ha ha one more just wait for your turn first let me slowly fuck the paul and shit on his open mouth where is he run away :


the lier is telling wunk edited the post and below is the link one his ass liking friends quoted wunks post :


http://s17.postimg.org/csk1z7n4f/tnt.png



and i will only entertain your questions after giving answers to great paul he raised three and run away not even responding to cross questions. wooooooooohoooooooooooooo  ass hole ask him to give answer or open his mouth he fucked wunk buy words i want to shit on his mouth

I found one mention of dumping staked coins from those purchased through escrow. I know there were others, but they have since disappeared. You have learned about the make claims then delete them from your hero Homero I guess.
https://i.imgur.com/lXBMoLu.jpg
https://bitcointalk.org/index.php?topic=1072935.msg11505031#msg11505031

And here is my reply asking you to please explain how that worked, which you refused to do, and still refuse to do.

https://i.imgur.com/o26Kdx0.jpg

I know that you have a very loose understanding of the English language, and perhaps you actually meant the opposite of what your statement actually says. If that is the case, then please explain EXACTLY how the escrow system works, which is what I already asked in the post above.

you moron in the line you highlighted by you  you fool  

wunk posted:

Let me clear:

Users are buying coin through escrow to protect there investment on the coin and we are offering that also to protect user funds. But if user will not return the full amount including stack generation then they can use coins they get from stake to dump and it will effect the coin value.

For an example if one of the user want to distroy the coin intentionally then he can buy 1000000 or more coins because he know his funds are 100% secure in escrow wallet he can stake that coins for 3 months then return the original amount to escrow get his fund back and dump the stake generated coin on market to drive the value down.

So its 100% safe for the user we will not have access to funds used by the user to buy TNT. It will be kept safe in escrow. And escrow which user prefer :-) and other part will help in avoiding dumps

And it will be great if you can post queries related to TransitCoin on TNT coin thread.





and give me a second you fool i have to explain line by line so that you moron can understand.


Users are buying coin through escrow to protect there investment on the coin and we are offering that also to protect user funds. But if user will not return the full amount including stack generation then they can use coins they get from stake to dump and it will effect the coin value.


you fool now read the explanation:


Users are buying coin through escrow to protect there investment on the coin and we are offering that also to protect user funds

meaning: the user will purchase the coin through escrow to protect his money.


But if user will not return the full amount including stack generation

meaning: it clearly means that user have to return the coins generated to escrow to get there fund back. and if they deposit the stack generated to escrow how will they dump you fool  ;D

Can you please start your posts with "This is coldcoiner posting" so that we would know who we are talking to. Thanks.

You have some serious issues with the English language, Coldcoiner. Your poorly worded statement says that people CAN dump their coins. It does not say that they can't dump their coins as you are now claiming, and perhaps even meant. AGAIN: If that is the case, and you actually meant the opposite of what you said, then please explain more clearly.

And I am quoting this post of yours for posterity.

I think I understand the stupidity.

I put 30 bucks in escrow. He gives me 30 coins. For me to get the escrow back, I need to give back the 30 coins plus any stake they have generated.

Why anyone would actually do this is another question, because that makes no fucking sense to me.

As to how they can stop me from just dumping my 30 coins and the staked coins, I'm guessing since it's a piece of shit coin the only way to actually transfer/move the coin will be through him, so I can't sell unless he lets me.

Why anyone on earth would get involved in this is another question completely. I asked a few times why anyone would purchase coins and stake them if they can't sell the stake but haven't found an answer yet (to be fair, this shitshow is on like 89 different threads so I may just be looking in the wrong spot).

Well, he hasn't even answered how he's going to determine the amount staked. I can keep the wallet offline and not stake at all, or put them into a gazillion different wallets. Good luck tracking all that.

you moron in the line you highlighted by you  you fool  

wunk posted:

Let me clear:

Users are buying coin through escrow to protect there investment on the coin and we are offering that also to protect user funds. But if user will not return the full amount including stack generation then they can use coins they get from stake to dump and it will effect the coin value.

For an example if one of the user want to distroy the coin intentionally then he can buy 1000000 or more coins because he know his funds are 100% secure in escrow wallet he can stake that coins for 3 months then return the original amount to escrow get his fund back and dump the stake generated coin on market to drive the value down.

So its 100% safe for the user we will not have access to funds used by the user to buy TNT. It will be kept safe in escrow. And escrow which user prefer :-) and other part will help in avoiding dumps

And it will be great if you can post queries related to TransitCoin on TNT coin thread.





and give me a second you fool i have to explain line by line so that you moron can understand.


Users are buying coin through escrow to protect there investment on the coin and we are offering that also to protect user funds. But if user will not return the full amount including stack generation then they can use coins they get from stake to dump and it will effect the coin value.


you fool now read the explanation:


Users are buying coin through escrow to protect there investment on the coin and we are offering that also to protect user funds

meaning: the user will purchase the coin through escrow to protect his money.


But if user will not return the full amount including stack generation

meaning: it clearly means that user have to return the coins generated to escrow to get there fund back. and if they deposit the stack generated to escrow how will they dump you fool  ;D



you fool now even your friend stated below that he understand that user need to send back the coin he bought with stake output to get back the fund from escrow you foll you idiot.

woooooo hoooooooooooooooooooooooooooooo   what an intilegent question by great paul:


B: You have also stated that after putting purchase funds into excrow and receiving TNT, the buyer will be able to spend or dump his stake from these coins. You have also stated that the purchaser is completely safe in his investment and can return the coins and get his purchase funds back at any time during the escrow.  How does that work? Example: I buy 1,000 TNT on a 90 day escrow, and dump all staked coins for 89 days and then return them and get my purchase funds back. Sounds like a sure fire way to make the coin fail to me.





you fool if you have little much of what we call brain you can find the answer to your fucking second question in the answer i provided for the first fucking question you raised you fool.


woooooooooooooohoooooooooooooooooooooooooooooo i am going to get a chance to shit on paul's mouth    wooooooooooooooooohoooooooooooooooooooo

ok boys point noted:

but not going to do it give me 1 btc bounty for it  :P

Push the logic a bit further, let's say you can actually buy something with it, after the transaction the seller wants to convert to fiat since he has to buy whatever products he is selling with fiat... Is he going to have to account for the stake on the money he accepted?  If the answer to this is no then someone only has to transfer money to a different address and cash it out for money pretending to be a third party (It will look identical on the blockchain for a standard purchase).

I tried real hard to make sense of it but no scenario I come up with make sense.

your stupid mind took tooooooooooooooooooooooo much time to understand a clear cut post.


Salute from the ass of coldcoiner :)


and till i completely fuck paul keep your ass away i will come to you after him  ;D

bro your point is quality one .

but let me finish with morons first i am here we can discuss after i fuck the trolls .

your point was noted and i will explain you after i shut them down  :)

That is quite a word salad there. Clear as mud. Please answer a couple of simple questions that have already been asked several times.

How are you going to track the stake of these coins? Are you saying that the buyer can not use them? If he can use them, then where? Are they going to be traded on exchanges or not?

Also: Your earlier statement says that people CAN dump their stake, regardless of whether you want to pretend otherwise. The only person who is struggling with the English language here is you.

You have to remember that these schemes are concocted by people that fell for the GAW scam. It's hard to tell if they think these are legit plans that will work or if they are trying to scam others to make up their loss. This unusable coin /escrow system may make sense to people that thought the "investors gave us $4 a coin so we can give you $20 per coin" was a legitimate business plan, or it may just be someone hoping that the people who believe that will believe that their nonsense makes sense to make a quick buck.

Either way, people that give this a second of thought will realize that it doesn't make sense and stay away. Hopefully we can ask enough questions and get enough bad/ignored answers to give a clue to people who may not be informed or who may not be thinking it all the way through.

now your post also seems good.

yes we know that there will be road blocks. we have to struggle for getting the coin accepted . but think for a moment we are coming with estore, gambling portal, any user from abroad can buy coin and sell it at no lose at indian exchange so that their inmates can get the funds without any fear of lose due to price hike or down.

and we are not in a hurry to establish the coin we launched it and if we can get some users in a year or 4 it will be ok for us . infact we will be happy and dancing if users will show intrest in our coin and we can get real users who will buy 1000 coin in a time frame of 4 years. :)

The last and most inteligent question from great Mr paul:


C: You are now claiming that you are using a Cryptsy wallet for Paycoin because the Paycoin wallet does not function correctly. Why are you listing a coin on your exchange if it does not function properly?


You fool you idiot look at hashtalk i have a reputation there people trust me because i am one of them. And i am trying to give them option they need fiat to xpy option and a place where they can store there coin without fear . and you fool for that i need to add XPY to our exchange and i done it instead of advice given by wunk not to add the scam coin. but you fool coin is not scam the people who started it was. an example was of your gang member @maviator the interim ceo of GAW who left gaw after getting as much he can and let the users suffer only god knows he have the private key of prime node or not.

I love XPY coin because of the honest community behind it you idiot

and if i started my exchange with stucking xpy wallet then you fool you start screaming exchange down exchange down you fool you idiot


if all your doubts are clear then open your mouth you idiot i have to shit urgently you moron you scum bag you illiterate you lire.

 ;D  ;)  >:(  8)  


don't mess with me i am the cold coiner with hot blood you  :-\

i will be back in 30 minutes Dinner time.

get ready you paul i am eating to shit on your mouth you stupid fool.

What is the point of the coin?

As you have explained it, it's not usable.

I pay 30 bucks for 30 coins, those 30 sit in escrow. Now I stake my coins and have more than 30 coins (let's just say now I have 40.). What am I supposed to do with them?

If I send 10 coins/dollars to company X for a product, I can't get my $30 back from the escrow, because you say I need to give back 40 coins to get it back. So I have 30 coins that I guess I need to buy stuff with, but what will the merchants do with the coins. If I buy a 20 coin/dollar product from company Y, and a 10 coin/dollar product from company Z, I have 40 coins/dollars worth of product but you only have $30 to pay the merchants, how is that going to work?

And that's just assuming that they try to cash out immediately, what if the stake the coins and have even more?

Are you smoking crack or something? Give it a fucking break already. I have seen some lunatic ravings in my years on the internet, but you are particularly mentally unstable. This is rather amusing since you are trying to build a scam business  ::) based on people's trust in you.

Just saw this latest post from you , Coldcoiner.


 :D ;D Please continue, Coldcoiner. You are doing a much better job of making it perfectly clear that you are an untrustworthy lunatic than I ever could.

you mother fucker when i doomed you with your questions you are trying to be innocent you scum bag trolling fucker fraudster.

when you are trying to fuck wunk with your group i didn't seen any one using polite or professional word you ass licking dog. you moron come one throw your next question you fool you scum bag .

you son of a witch you insulted the most respected person of my team you idiot i will fuck you and from today onwards i am after you i will create an account here and where ever i see you i will follow you you moron  8)  :-\

what did you think any one can come and fuck Indian guy and easily go away you

ok then open your mouth i have to shit there .

you idiot

where are your allegation you fool . where is your business questionnaire you mind less moron  ;D

yes i will continue i told you don't mess with me i am not polite us wunk i will fuck you i will foloow you every where you fool even if i have to appoint some one to fuck you on internet i will not mind you moron.

waiting for your question you fool. you ass liker of maviator you fool

You quoted one of the questions I posed earlier, but did not answer it. Why are you listing a coin that has problems with the wallet? And, from this tyrade, I have another question. You say that you are giving people a secure place to store their Paycoins, and are using a Cryptsy address. Why is this more secure than them simply depositing their coins on Cryptsy themselves? That way they do not have to trust (and pay fees to) some guy in India that refuses to identify himself. Please explain this.

Also: I am well aware of your activity on Hashtalk and that you fit right in there. I think you should link to this discussion over there so that all of your friends there can see how you are "dealing with the BCT trolls". Seriously, please link to your threads here so that everyone on Hashtalk can cheer you on, and maybe even one or two will have the guts to come help you.

you idiot check the bold para in the message you quoted fool . you lier you are not able to see it are you blind you fool .

i am once again copy pasting it you blind , you dick sucker of a dog


check it this time i am highlighting it in red for you to read you blind moron:



You fool you idiot look at hashtalk i have a reputation there people trust me because i am one of them. And i am trying to give them option they need fiat to xpy option and a place where they can store there coin without fear . and you fool for that i need to add XPY to our exchange and i done it instead of advice given by wunk not to add the scam coin. but you fool coin is not scam the people who started it was. an example was of your gang member @maviator the interim ceo of GAW who left gaw after getting as much he can and let the users suffer only god knows he have the private key of prime node or not.

I love XPY coin because of the honest community behind it you idiot

and if i started my exchange with stucking xpy wallet then you fool you start screaming exchange down exchange down you fool you idiot


if all your doubts are clear then open your mouth you idiot i have to shit urgently you moron you scum bag you illiterate you lire.

 Grin  Wink  Angry  Cool 


don't mess with me i am the cold coiner with hot blood you  Undecided

You did not answer the questions.

WHY are you listing a coin with a fucked up wallet?

How is people depositing XPY in YOUR Cryptsy account more secure than them depositing XPY in their own Cryptsy account?

Thank you for clarifying that you actually are Coldcoiner. Again, please post links to this discussion on your TNTswap thread on Hashtalk so that the members there can see how you are dealing with trolls and explaining the exchange.

you mother fucker because i love XPY and community behind it you mother fucker it was clearly stated in the above post you blind idiot


go and teach you ...... you ass hole i only do what i like and at present i want to shit on your mouth you fool.

instead of repeating the same question open your mouth you fool i am ready to shit you FUD

people like you are main reason behind death of genuine services but don't play the same game with me

Are you saying that is the reason you are listing a coin with a broken wallet? You do not seem to understand how to make a statement in English. To do so you would say : I am listing Paycoin because xxx xxxx blah blah, etc. etc.". That is how it is done. What you are doing is just making weird incoherent sentences that are not answering the question.

Again, please explain how someone depositing XPY in YOUR Cryptsy account is more secure than them simply depositing them in their own Cryptsy account.

You really should link to this conversation over on Hashtalk to show them how you are handling things.

You son of a ......................................... i don't nead your advice you fool and every one on hashtalk know about you and your troll team and they also know me you fool.

why didn't you followed the rule of respect you fucking ass hole when you are posting abuse about wunk you idiot . and i know you are also sucking our asses on hashtalk in hidded mode you scum bag.

I think it is a valid question if the funds are to be kept in Cryptsy.  It would be safer for a user to keep them in their own Cryptsy account for the simple reason that they have the password and attached 2FA device in their possession and can access the funds without a third party going through a checklist to make sure the request for funds is valid and not forged.

Some users with a weak password and no 2FA may "gain" some safety but this wouldn't be the norm as I would like to think the majority of users would be wise enough to enable 2FA on their accounts.

@wunkbone, I have been receiving reports on this thread, in terms of your language and threats.
Please stick to the point and answer peoples doubts rather than mess up your own launch thread.

yes question is valid but when it was repeated again and again ignoring the answer that shows the seriousness of the questionnaire.

we are not going to use cryptsy address for our exchange it was placed there for some time untill the exchange wallet finish sync and within two or 3 hours it will finish sync after that it will be replaced with our local storage. even we will not use cryptsy address for long time because if some thing happen to cryptsy we will also be effected and lose funds.

according to the current status the wallet will finish sync within 2 hours max and we are going to disable the XPY deposit untill that . i think it will solve the issues :)

@ Benson Samuel

bro they started it look at all the threads they started using abusive language. and we only replied in that way when things become un tolerable.

You can check when someone asked question in a decent way we responded in the same manner but don't able to tolerate nonsense.

you can check even they started spamming here in indian thread :(

Well hopefully, you will handle them with a cool head going forward.

:)

Are you going to answer the questions or not?

Why is someone depositing coins in YOUR Cryptsy wallet more secure than them depositing coins in their own Cryptsy account? Also, you claim your exchange is unhackable. I have news for you, Cryptsy is NOT unhackable.

Why are you lying to Hashtalk members and telling them that you are not using a Cryptsy address for your super secure unhackable exchange?

https://i.imgur.com/y5f1GbM.jpg
https://hashtalk.ch/topic/37947/anyone-ready-to-hack-xpy-wallet-of-http-tntswap-com/20 Archive: https://archive.is/FIliR

Do you have proof of the 10,000 XPY bounty you are offering to hack "your" exchange yet? Also, is Big Vern (Paul) aware that you are offering a bounty to hack his Cryptsy exchange?

Except that you haven't answered any other questions, for example if the BTC or the TNT deposit address is not a Cryptsy address - why is it the same for everyone and how are you going to handle those manual deposits?

More here:

https://bitcointalk.org/index.php?topic=1000505.msg11515448#msg11515448

Answer all questions in that post in full words and sentences (English preferably) and we'll go from there.

it was clearly stated to hack tntswap.com server not cryptsy you fool and 10K xpy was in our local wallet and we don't give any info to you about that .

if hacker can get access to our server he can get access to our local wallet you fool not to cryptsy :)

 

What happened to the coldcoiner post on HT?

https://hashtalk.ch/topic/37978/i-am-fucking-the-trolls-at-bitcoin-talk/6

Fact: You are using a Cryptsy wallet for Paycoin deposits on your exchange. You stated that there is 10,000 XPY in that wallet (9,000 have gone through that address over several months), and that whomever successfully hacked it could keep them. This is asking people to hack Cryptsy, regardless of what you wish to believe. Again, why are you asking people to hack Cryptsy, and is Big Vern aware of this? Did you get his approval to make this challenge? Where is the proof of the 10,000 XPY blounty that you claimed are there? That address shows 9,000 moving through there over several months, with a zero current balance. Why are you lying to Hashtalk members about TNTswap using a Cryptsy address for Paycoin deposits? How is someone depositing coins in YOUR Cryptsy account more secure than depositing them in their own Cryptsy account? How does challenging every hacker out there to hack the wallet with a huge reward and no repercussions for getting caught (from you anyways, I suspect BigVern would NOT be amused by this) make it more secure?

How will you handle BTC exchange rate changes? If BTC goes up to $500 will you still guarantee $1 per coin? If BTC goes down to $100 will you pocket the difference?

If a user buys coin through escrow he is paying in BTC to escrow and getting TNT coin in return of that. And if in between the escrow time limit he decided to cancel the deal he have to return the coin to escrow and get back the BTC from escrow. We don't have any access to funds deposited in escrow so he will get the actual btc he deposited to buy the coin minus the escrow fees.


On the other hand if user buy coin from our exchange directly then we will convert the BTC paid by user to $ immediately and keep the fund to support the coin buy back.

Why 3 months and what happens after 3 months?

I think three months is enough time for a user to finalize it will be beneficial for him to keep the coin or not. if he finds not then just return the coin and stake generated and get back the BTC deposited. It's not possible to give life time escrow service.

How will you track "stake generated"?

wallet will stake at particular rate and we can easily calculate the stake rate. using freely availabe calculator and using compound intrest formula

What if the person does not have the wallet online so therefore it will not stake? Are you calculating compounding stake or not? Are you still going to charge him the stake? You have not thought this through at all.

it was clearly mentioned in the thread to hack wallet of tntswap.com there was a big difference between wallet and address :)

it was just an address posted there :) not the wallet connected to our server not in anyway cryptsy is connected to us.

I am completely enthralled by this idea of storing Crypto coins off of the blockchain. Please explain this.

And you are definitley wrong about your challenge to hack that wallet. You put up a bounty to hack your exhange address, and it IS a Cryptsy address. This one:

:) i think prior buying coins users will calculate each and every possibility and if we are demanding to return stake coins then they will not buy the coin and if decided to buy then they will make sure they will stake it .  

you are again manipulating the words :(

we posted there to hack wallet of tntswap.com. which means wallet connected to or from tntswap.com using json rpc .

we don't have a trick to connect plain deposit address to json rpc even without knowing the ip address of the wallet holding address  8) don't repeat the shit post take advice of some tech guy prior commenting.

FAIL. You did not answer the question. Again : What if the person holding the coins does not let them stake? What if they remove the stake every day and do not let it compound? How are you going to calculate your penalty? On presumed compounding stake amount? Or on presumed stake based on removing the staked coins every day? Or once a week? What? What gives you the legal authority to make this determination? What gives you legal authority to impose whatever penalty you decide on the coin holder? Please explain and quit trying to deflect the question.

We will calcute on compound basis untill otherwise agreed mutually and it depends up on deal

Then what is this deal? Are you just going to make these deals up as you go and expect people to buy your scamcoin? You need to figure this out BEFORE you announce your scamcoin. You have a very poor grasp on how to do this sort of thing, I can see why you fit in so well at Hashtalk. Oh, by the way, are your pals on Hashtalk aware that you were dumping Paycoins on Cryptsy as early as January , and then continuously after that? Were you telling them that you were dumping?

https://chainz.cryptoid.info/xpy/address.dws?PJagaQFptPkmHQjHg3Czhg7pRiUAcVfwzT.htm

You :-) i am selling or buying xpy its my private matter because i am not from gaw :-) i am normal buyer of the xpy and i will sell when the price go down and buy when it goes low.

So keep distance from my personal things :-) else i will be forced to go personal :-)

So you are not going to answer the questions about how you intend to enforce this stake penalty ? I am not surprised, because it is clear that you have no idea what you are doing.

I did not say that you should not trade Paycoins. What I said was that hanging out on Hashtalk and pretending to be a bagholder while at the same time dumping coins means that you are a disingenuous chump. This exchange is based on people trusting YOU, and you are proving to be a total snake that continuously lies to those whom you call your friends. Building an exchange is about TRUST, and in this case you are proving repeatedly that you are not someone that anyone should trust. Get it yet?

You fool both your questions are previously answered so no more answers will be provided :-)

And when some one buy the coin they will get escrow terms and conditions and they only have to buy after checking that :-)

So its pointless question

And if you want more info about compound intrest visit:

https://www.google.co.in/url?sa=t&source=web&rct=j&ei=bwhuVaLrNtLd8AXmgoGACQ&url=http://www.thecalculatorsite.com/articles/finance/compound-interest-formula.php&ved=0CC8QFjAD&usg=AFQjCNHJwjVDRFi5GKzl46VQ6_lu58ZGdQ&sig2=h-T-n51gFyf13KzVsb9srQ

And you fool dumping means selling thousands of coin to down the price. And trade means buying and selling daily to get some profit :-)

First learn the terminology

I see more than two questions, not that you answered two questions at all.

Are you going to answer these questions or not?

Incorrect again. Dumping means selling coins into Buy Bids, which by it's very nature always drives the price down. YOU are the one who should learn the terminology FFS.

About escrows... this use case:

• Phil buys 500 coins for $500
• $500 at $250/BTC = 2BTC
• Phil sends 2BTC to Escrow A
• 2 months pass, bitcoin price falls to $50
• Phil sees a great business opportunity because he thinks BTC will go up, I have 500 coins worth a $1 each
• Phil sends 500 coins back to Escrow A
• Escrow A now owes $500 in BTC at $50 rate (10BTC)
• Escrow A lost 8BTC ($400)
• Escrow A can't pay that money because all he got was 2BTC from the start

Now, if we reverse the story

• Phil buys 500 coins for $500
• $500 at $250/BTC = 2BTC
• Phil sends 2BTC to Escrow A
• 2 months pass, bitcoin price goes up to $500
• Phil thinks BTC will still be going up and he has 500 coins worth a $1 each
• Phil sends 500 coins back to Escrow A
• Escrow A now owes $500 in BTC at $500 rate (1BTC)
• Escrow A just made $250

With that premise any swing in BTC price will cost the buyer or the escrow dearly.  If we say only the amount escrowed is given back then you may be getting back $0.2 for you $1 coin, it isn't a $1 coin anymore, the only way to say it is a $1 coin is for you to get $1 back.

This can only work if escrow are holding funds in FIAT which kind of defeats the purpose of the coin.

You mean to say :

if someone sell 1 xpy or 10 he is dumping great 100 marks to you you are retarded :-)

BTC to fiat change will not be counted on escrow.

And yes if user found an acceptable escrow ready to accept fiat or immediately convert the btc and keep the fund in fiat we don't have any problem.

We are giving user the option to choose the escrow so user will be responsible for that.

And we also only committing that we will buy back the coin at 1$ not a penny less or more. Like


Phil bought 1 coin from us for 1.00001$ we immideately place 1$ in one or other form of money or investment to support buy back. And if phil decided to sell back the coin after 6 months irrespective of the market he can sell back the coin to us for 1$

What does that mean, users get the amount of BTC he put in two months ago or user gets $500 at today's value in BTC?

Coldcoiner has no idea what he is talking about. Completely lost. If you check back, he came up with the whole escrow idea a day or two ago, and is just blurting out random BS that he thinks people will buy. What it boils down to is he got hardcore scammed by Josh Garza, and now he is trying to do the same thing to other people, and he is using the same buzz words he heard Garza use to pull his scam and is simply repeating them.

Then it may makes sense for you to do it but I can't see any Escrow in their right mind wanting to expose themselves to such a liability.  BTC going down brought down multi million dollars company, what is little Mr. Escrow going to do about it? Go risk it on the open market?

The logic is flawed because it is pegged to FIAT but traded against a "volatile" currency.  The only way this works is if it's converted to FIAT immediately, I can see banks suspending peoples account on money laundering concerns.  You would need to get peoples name, address, copy of an ID, etc to even have a remote chance at satisfying them and then someone has to wonder, why would I go to such extent to buy $1 for a currency that is pegged to FIAT (it is always worth $1).

As we already cleared user choose the Escrow agent so they can ask the escrow to accept fund in fiat or to convert BTC or other coin they transfer to fiat to avoid lose due to rate change.

And if someone directly buy from us we will pay 1$ equal btc at buy back to user

Its third time we are telling you:

User has the right to choose the Escrow so he can find someone who can manage fund in fiat

None of the coins stay at low level with online store and support.

And people can use it to buy online and merchants will be happy to accept at 1$/coin because of minimum value of 1$


We already stated we want coin to be purchased by users not traders

I think you missed my point, I'm not saying the escrow accepts FIAT, I'm saying if the escrow accepts BTC and the price goes down he will have to make up that loss to buy back the coin.  Even for your company to be doing it makes no sense, you would burn through so much money that it makes no sense.


I get that.  I'm demonstrating how based on what is being describe no one would volounter to be an escrow, the liability in itself makes no sense because it is pegged to FIAT (not altcoin value, not bitcoin value), market are too volatile, the risk is too high.

Even if you were the only escrow as I said above you would likely burn through your reserves in no time honoring the escrow deals and go bottoms up in no time.

---

Also, if this is pegged to FIAT, why would I even bother using it?  I can use my FIAT to buy the same item for the same price without any of the liabilities and transactions fees (to go from FIAT to altcoin to TNT).

User have to find out an escrow willing to full fill there need. And escrow have to convert the coin to fiat or have to make some adjustments with user. We can't handle that :(


And if someone buy from us we will immediately convert the coin to fiat. To support the buy back.

Then you will be the only escrow and given that the corporate structure is unknown (registration number, owners, etc) I fail to see how this will get off the ground.

The entire business proposal is a coin pegged to FIAT that will have an online store, a gaming site and some other rather limited means of usage, why not keep using FIAT if it has the same value? At least I know who's behind it.

"A" for the effort. But you left most of the questions unanswered. Answer all of them please:

https://bitcointalk.org/index.php?topic=1000505.msg11515448#msg11515448

As for your answers above:
1) you should not advertise the $1 "floor" then. Advertise a specific BTC price, e.g. 0.0045 currently and then maybe escrow would make at least some sense. Otherwise you won't find any sane escrow agent to do this.
2) ok
3) you should state clearly that you are essentially lending the coins at a specific interest rate. This has nothing to do with staking because you are calculating the maximum compounded stake rate no matter whether the buyer stakes or compounds. It's a loan with a BTC collateral. Make that crystal clear in your OP.

And answer the remaining questions. Stop avoiding.

https://bitcointalk.org/index.php?topic=1000505.msg11515448#msg11515448

Please elaborate how to deposit "$ to escrow wallet". How are you and/or your escrows licensed to handle fiat transactions?


Ans: already stated that user have to find out reputated escrow. We are not in anyway involved with escrow provider.

We are not going to pay or accept fiat from user in tntcoin buy sell. We will accept BTC and convert that to fiat using our own account. And when we need to pay buy back then also we will pay 1$ equivalent of BTC to user

wankboner, I'm really tired of your shenanigans, so I'll just leave you with this:

https://bitcointalk.org/index.php?topic=1066969

I highlighted the relevant part so that it's easier to read. So what are you talking about here?


Who's "us" and why is it suddenly different from escrow, if escrow is the only way to buy the coin?

You really need to get your scam story straight. You can't expect the "trolls" to do all your work for you.

Its an advice from us for who feels all this is a scam. Its not the only way but adviced to buy coin using escrow.

If we post an advice user can take it or leave it :-)

Like one of my friend is going to buy 500 TNT and he will never use escrow. For him no need to go for that. But if someone who are not familiar with TNT coin or just want to test can use escrow to safeguard themselves.


You want to see it in other way that's the problem.

Anyone who want to scam will not be ready to accept escrow and that also of buyer choice. Our only demand is trusted escrow. So that tomorrow no one can ask us to accept MR. Paul as escrow :-)

But escrow means nothing if he (including you) can't pay you back, it's not about trusting an escrow, it's simply about very basic economic principles.

If user want to get 1$ value of btc if he decides to give back the coin then he have to find an escrow ready to convert btc paid by user to fiat and keep them untill time over or user close the escrow.

Its depends upon user chosen escrow we don't have any control on it :-)

And if anyone buy directly from us we will immediately convert btc to fiat and keep 1$ to buy back.

Earlier you were saying that the only way to purchase TNT was through a trusted escrow, and now you are saying that people can buy them directly from you. Which is it?

You fool we said that user can purchase coins through escrow option and its adviced . User can also purchase coins from wherever they want u idiot

Can u post a screenshot or link of that post you fucking idiot where we are saying that only source was escrow. You foooooooool

And as i said now its clear that you are a workless moron so all your further foolish post will be let unanswered if someone want to follow your advice they can :-)

Look, I am going by what YOU are saying:


You should really make a list of all the lies you are putting forth to help you keep them straight. You really suck at this, give it up.

Now last word you mother fucker :

Its clearly mentioned there : only buy coins from escrow

Where is it mentioned you idiot that its the only option available you retarded.

You said it again: Only buy coins from escrow. And you say that they can be bought straight from you. So which is it? You clearly have a poor grip on the English language and a complete lack of understanding regarding what statements mean.

You still haven't explained how the staking will work at all.

I buy 100 coins, so I give someone (you/escrow/who cares) $100. Then the coin stakes, I have more than 100 coins, but you/escrow/who cares only has $100 so the "floor" is not valid anymore.

How is this going to work? Presumably there will be merchants accepting the coin, how will they get the $1 per coin? do they have to go to my escrow? If they go to you with coins, are you going to give them money that someone else gave you? Now you are short dollars that way.

What is your plan for you and/or your escrows to earn $1 for every coin that is staked, because there is no $1 floor unless you have that.

I wonder if that coldboner person is very young. This harebrained plan of producing $5 billion out of thin air could possibly sound great to someone in their early teens and that would also explain the language. At the very least it's a person with no financial/market knowledge or social skills.

Soon^TM

You fools you didn't know how coin staking works :-)


Join http://tntswap.com and publish your tntcoin address here and get free tntcoins :-)

I know how coin staking works, I don't know how to turn the money given to you to purchase coins that you claim will support the floor will grow to match the number of coins in the wild/necessary to support the floor. I don't know how me giving an escrow $x for x coins helps whoever I give my coins to.

Those to me seem like important questions if I were to use your coin as opposed to one of the others.

As already stated several times that user can choose his escrow.

So prior buying user can deal with escrow how to handle it. Like if user want escrow to convert the BTC to fiat and keep the fiat in escrow then he has to make that deal with escrow he selected. We don't have any control on it.


And you are not giving money to us you are giving it to escrow to hold it for 90 days. In between if you found that its not benificial for you to keep the coin you can return the coin and get your money back from escrow.


What is your plan for you and/or your escrows to earn $1 for every coin that is staked, because there is no $1 floor unless you have that.

A:   We don't have to give extra money to user for stake generated coins if they purchased it using escrow. Because untill they close the escrow and release fund to us they are holding our coin against security so every coin generated from that belong to us. And if they want to get their escrow fund back thay have to return actual coin they buyed + stake generated to escrow.

What is the exact method you plan to use to determine the amount of coins staked on escrowed coins? Also, please describe the legal justification for imposing this arbitrary stake penalty. Exactly what gives you the legal authority to deny someone their property? Please phrase the answer in actual legal terms, because you are describing a legal matter when you are talking about denying someone their rightly acquired coins.

Edit to add: Also, can you explain this?

https://i.imgur.com/A9ffjnv.jpg
https://hashtalk.ch/topic/37983/where-i-am-today/8 Archive: https://archive.is/cmPAS

So, maintaining a $20 floor with ~15 Million Paycoins is clearly impossible with these "Prime Nodes" cranking out insane amounts of coins, but maintaining a $1 floor with ~5 Billion TNT coins with "Prime Nodes" cranking out 3.5x these insane amounts is going to like totally 100% work. You are saying the Paycoin model will not work over on Hashtalk, and here you are launching a clone of Paycoin with the same exact model and claiming that it will work. WTF? Which is it?

you fool find the difference between paycoin and Transit coin below:

1,

paycoin was given to customer at 4$/coin ( HP conversion )

None of the transit coin will be available to buy below 1$. :)


2,

paycoin was mined by several user on POW face. It means they got the paycoin for 1$ or 2$

there will be no pow phase for TransitCoin. So again only source to get paycoin was from us and we will never sell paycoin below 1$ ( doesn't matter anyone use escrow or not )


3,

Paycoin prime controllers are in control of investors and staking from day one and dumping coins.

Transit Coin prime controllers are under my controller and we already stated 10 times that we will not sell below 1$/coin you idiot.


4,

paycoin was dumped by miners and Hp users far below 20$ :) because they got it for far less than that :)

If any one want to buy TransitCoin at 1$/coin and want to dump at 0.40 or 0.01 cent we will be happy for that they will not cause any lose to coin only make us money which can be further used to stabilize TransitCoin :)

1: Wrong. Stake from TNT coin is created FREE, there is no backing. All of the coins in your possession were created with ZERO backing, which is exactly the same as the Paycoin model, and the actual main reason for failure. The Paycoin "CAF" was admitted in the leaked Emails by Josh to have consisted of IOUs from himself and Stu Fraser, and were worth less than the napkins they were written on, exactly ZERO dollars. Exactly the same as the TNT CAF. ZERO dollars.

2: Wrong. There were less than 80,000 Paycoins mined during the POW phase, which is an insignificant amount compared to the 12,000,000 that were premined and put in GAW/Josh's wallet. Also, a large portion of these were actually mined by GAW. Myself and others have conclusively proven by Blockchain tracing that the vast majority (well over 90%) of the Paycoins dumped onto markets were directly from the premined 12,000,000 that Josh got for free.

3: Wrong. Paycoin Prime Controllers were all in the hands of GAW/Josh from the start, except for 2 that Adam Matlack was given , which were 10% PCs, not the 350% ones. The person dumping paycoins was Josh from day 1 of the scam. This has been proven by Blockchain tracing, and has since been proven by Emails where Josh is directing Joe Mordica to transfer vast amounts of XPY to exchanges to be dumped on suckers like you.

4: Wrong. Nearly all of the Paycoins that were mined by private miners were dumped in the first days of the scam, and constituted a tiny drop in the ocean of millions of XPY that have been dumped from the premine and output from the Prime Controllers. The tiny amount of coins dumped by private miners were all purchased by suckers like you and did not affect the price at all. There are many single days where Josh dumped more than double the total amount of mined coins in one day. Repeatedly, over and over.

You are seriously deluded and uninformed, and have been taken for a fool by Homero Joshua Garza and his Paycoin scam. This does not give you the right to try to commit this same fraud on other people. Please stop being such a fucking asshole and trying to pull another scam.

you blind fool answers already given :


https://bitcointalk.org/index.php?topic=1072935.msg11524523#msg11524523


stop spamming you idiot :)

@ Coldcoiner: Everything about Paycoin and therefore TNT coin that you stated in that linked post is completely WRONG. Everything that you think you know about Paycoin is based on what Josh told you. Guess what? He LIED to you. Josh played you for a fool. There was exactly one purpose for Paycoin, and that was to take YOUR MONEY and put it in JOSH"S POCKET. If you want to know what actually transpired, I suggest reading the Paycoin scam thread here. The entire scam and exactly how it was and still is being committed is laid out in great detail.

AGAIN: Please quit being a fucking asshole. No one is going to allow you to commit this TNT scam here.

You mother fucker son of a prostitute it dosn't matter to us what you fool think or beleive go and lick josh ass. just like you are doing from past several months.  ;D

https://i.imgur.com/gIgTtUq.gif

P.S. Why have you locked the TNT thread and are discussing the coin here?

All the buy bids on your own exchange are under $1, this doesn't seem very logical if the floor is $1.

Considering that the exchange trades under the $1 value and that nothing will stop your exchange or any other exchange to trade the currency freely at real market value I don't see the point in buying it for $1 with or without escrow.

Paul has a point regarding regarding staked coins, if my $1 is worth $1.20 including stakes in 3 months, you don't have the money to back the extra $0.20 I have generated.

If the escrow role is to back the currency value at $1, what is there to stop you from selling against that security when the escrow forwards you the funds (you get the funds, you sell a couple of TNT for $1 for operating costs or whatever other reason you can come up with)?  Your Prime Controllers will be generating insane amount of free money every day.  Having Prime Controllers is a big red flag and I fail to see the reason for them to even exists if your intent is to try and enforce a $1 floor.

If this will all be traded to FIAT and back, the fee on fiat transfers can be significant, this fee will have to be pushed to the consumer... The escrow will also want to be remunerated increasing the cost to acquire the coin.  Why would someone spend $1.15 to by a $1 coin why would they when they can use their $1 for face value at the moment?

Coldcoiner says that a floor is impossible with Prime Controllers for Paycoin, and also says that a floor is possible with Prime Controllers for his Paycoin clone , TNT. Seems legit.

https://i.imgur.com/A9ffjnv.jpg

http://preev.com/btc/usd/source:localbitcoins

0.00042 = 0.1018


AND AT PRESENT THERE WAS A BUY ORDER FOR :

1499.49 TNT AT 0.00042 BTC EACH


WHY ONE BUY COIN DEPENDS UP ON THEIR OWN NEED WE ARE NOT FORCING TO BUY IF THEY WANT TO BUY THEY CAN  ;D

Whoah! Better tell Bitpop to brush away the beer bottles and crawl out of the couch then, he has some escrow action incoming! Have you sent him a copy of the escrow agreement , including the method of determining how to penalize stake during the escrow period? I would like to see that, along with your notarized signature on it, of course, because that would be required for it to be legitimate legal document allowing you to claim action over someone else's property.

Preev and Google are at 0.004385BTC, that's a 5% difference.  You're using deflated figures, localbitcoin isn't a valid source, of course people put in a profit margin, I'm not going to sell you a bitcoin for free...

People are making good points and rather than seeing them and try fixing your mess you keep deflecting.  Of course having to pay more than $1 to get $1 has an effect, why would someone pay $1.15 to be able to buy from your online store at a $1 value?

We are using the same rate for buy and sell several exchanges are using that . i don't think there a problem in that.

if we are taking bit coin at 5% above market we are also giving 5% above market.


and no need to discuss the rate know because:

Till now we didnt sold a single coin. so we not owe anything to anyone. As soon we sell one we will place buy order in USD :)

At present only coins user out side our circle only got TNT coin through faucet and if they want to sell it they can do it :)


And no one was able to scam other giving free coins

Show the order where you include 5% more TNT coin please.

Also, still waiting on a copy of the escrow contract.

You are trading it a 5% below market, not above.  It can be sold on Bitstamp for 0.0045BTC at the moment which would be almost 7% instant profit, it's a real cash cow you have there if you can make 5%+ on every trade ;)

Every exchange has it own rate on black market deals you can get even more but that doesn't matter to us. If user buys a coin then also they pay BTC according to the rates we list buy order in our exchange :)


like if some one want to buy they can also get TNT at the same we are buying back it .

So now you are involved in Black Market trading? Please explain. Drugs? Weapons? Prostitutes?

False, there is something called a spread but since you refuse to have constructive discussion I'll leave it at that and for you to research.

Bottom line is the price of BTC isn't your's to decide if your premise is that people buy a coin for $1, it has to be $1 and not what you feel like $1 is worth on your exchange.

You clearly said Black Market. That means illegal. Please explain your Black Market activities.

Did I? lol

Think you quoted the wrong post ;)

i am not ignoring constructive discussions :)

let me clear it :

if we are giving 0.0042 BTC for 1 coin valued at 1$/coin.  Then the users who buy coin also give us the same rate they are not going to pay 0.0045 for 1$ thats the thing and at present you can only get coins from directly from us or indirectly from us through escrow.


tntswap ======= coin ========user/buyer

tntswap =======coin=========escrow========user/buyer

tntcoin.con ( faucet ) ===============user



so if today we are selling one coin for 0.0042 BTC then we are also buying it for the same 0.0042.

and if you have any suggestion we are open for that
 

OOps. LOL . Yes, I obviously thought you were CC denying his Black Market activities. My apologies for this error.

@ Coldcoiner: Please explain your illegal Black Market activities.

If I'm reading this right they are not going to buy back any coins at $1 except ones they sell through escrow (which would be your own money returned to you sans fees) or "directly" (not happening yet but also likely your own money returned to you sans fees). So these are basically loans, they lend you TNT for a BTC collateral. All free trade on exchanges will have the same value as any other shitcoin. Such innovate.

Where is the $1/coin backing for faucet coins? Where is the $1/coin backing for staked coins? Where is the $1/coin backing for the coins you are selling? Keeping the funds yourself does not constitute escrow, unlike what your hero Homero wanted to think. You would need to send it to a third party, otherwise it is a sale, not a backing. Also, where is the escrow contract?

So then what is the point of the escrow? Or the coin?

I give the escrow $100. I get 100 coins. How can I use them if that cancels the escrow. How do other people get the coins. What is the point of this?

@Coldcoiner: Red highlighted portion explains everything. You have no control over escrow, therefore there is no super special escrow contract that precludes dumping stake. There is either a real and legal contract, or there isn't. You are saying there is no escrow contract, therefore everything you say about the escrow protections are complete and total bullshit.

as we already stated the coins main purpose was to provide user with the ability to buy online using the coin or to send money to each other. The coin was not created for pump or dump :)

and we are also nott looking for users who buy 10000 or 100000 coins . instead of that we are looking for user who will use coin to buy services or products online.

Our most preferred user will be of an example given below:


User a want to buy 5$ gift card from merchant. he will login to tnt swap buy 5$ coin pay to merchant using the coin. that's all

after that merchant can hold the coin or sell back to us.


it was 100 times repeated that we are not looking for Investors for the coin we need coin to be used by users who want to purchase online :) no matter they buy 1 TNT or 0.001 TNT coin we are happy with that 

After the Merchant accepts the coin, THEN what?  Who backs the purchase when the Merchant dumps it on an exchange!?!? This is something all of you Paycoiner imbeciles could never grasp. Merchant acceptance of a shitcoin will make the value plummet.

I think they are going to solve this problem by not having any merchant adoption. Also the $1 value sounds like it will be "managed", not guaranteed. Maybe an Honor program will be announced in a couple of weeks.

TNT coin will only be available by mining. TNT coin will only be available through escrow purchase. TNT coin can be purchased from TNTswap. Uhhh, no. How about: TNT is the scam project of a schizophrenic Hashtalk Paycoiner idiot who changes the scam outline continuously.

https://i.imgur.com/6WfvVq4.jpg
https://hashtalk.ch/topic/37654/ann-transit-coin/2 Archive: https://archive.is/Q6l8S