Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: fenican on May 28, 2013, 01:02:38 PM



Title: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: fenican on May 28, 2013, 01:02:38 PM
ALERT ALERT ALERT

From the [SXC] source code main.cpp:

if(nHeight < 3) //premine bounties
   {
      nSubsidy = 1000000 * COIN;
   }

ALERT ALERT ALERT



Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: sellbuy on May 28, 2013, 01:03:14 PM
and what?


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: fenican on May 28, 2013, 01:03:46 PM
This is one of the largest premines ever.  Those 2,000,000 coins in the float will make it virtually impossible for SXC to have value since

THEY WILL BE DUMPED AS SOON AS IT HITS AN EXCHANGE


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: chinsu on May 28, 2013, 01:04:00 PM
ALERT ALERT ALERT

From the [SXC] source code main.cpp:

if(nHeight < 3) //premine bounties
   {
      nSubsidy = 1000000 * COIN;
   }

ALERT ALERT ALERT


Of course it's in source code. We use it for lot of bounties and events as well as giving back to miners.


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: garumaru on May 28, 2013, 01:04:34 PM
and what?

Do you know how long it will take YOU to mine 2 mill of any coins?


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: sellbuy on May 28, 2013, 01:05:07 PM
This is one of the largest premines ever

what a pity...

and what?

Do you know how long it will take YOU to mine 2 mill of any coins?

let me guess.... 20ms? :D

and how do you suppose they gonna put their fuckin:D coin onto exchange without bounty? :D


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: techbytes on May 28, 2013, 01:22:10 PM
This is one of the largest premines ever

what a pity...

and what?

Do you know how long it will take YOU to mine 2 mill of any coins?

and how do you suppose they gonna put their fuckin:D coin onto exchange without bounty? :D

You need bounty to pay developers but exchange?  NOT.  If you develop a decent marketable altcoin, the demand will come and when this happen, exchanges will be lining up to add you.  Two million premines are just plain GREED on the developer part.  Look at digitalcoin, DGC.  Zero premine and when was the last altcoin launched where you see the developer buying up his own developed coins for bounty?  None that I know of.  This is why I support DGC because it has the support of the developer. 

Developers planning on launching new altcoins should take a good look at DGC. 


-tb-



Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: sellbuy on May 28, 2013, 01:35:15 PM
techbytes

you have to be more humorous, as it was mostly irony/sarcasm


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: ElBurro on May 28, 2013, 01:36:35 PM
ALERT ALERT ALERT

From the [SXC] source code main.cpp:

if(nHeight < 3) //premine bounties
   {
      nSubsidy = 1000000 * COIN;
   }

ALERT ALERT ALERT



Phenixcoin did the same thing, it's fine to premine now. At least thats what phenixcoin supporters say...


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: kelsey on May 28, 2013, 01:38:39 PM
pre mining for bounties and givaways, promotion is a good thing.

look at the givaway thread the dev is not hoarding them for himself....and an opporunity for those who slow mine to get in the action.


anyway he was upfront from the start....no problems here.


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: fenican on May 28, 2013, 01:41:38 PM
How was he "upfront"?  The introduction page did not even state the size of the bounty.

Seriously the miners who wasted their time with this got very lucky.  What if it had been 1,000,000,000 coins ?  or 1,000,000,000,000 coins ?  You get the idea ...


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: kelsey on May 28, 2013, 01:43:29 PM
How was he "upfront"?  The introduction page did not even state the size of the bounty.

Seriously the miners who wasted their time with this got very lucky.  What if it had been 1,000,000,000 coins ?  or 1,000,000,000,000 coins ?  You get the idea ...

then it'd been ripple ;)


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: fenican on May 28, 2013, 01:47:01 PM
How was he "upfront"?  The introduction page did not even state the size of the bounty.

Seriously the miners who wasted their time with this got very lucky.  What if it had been 1,000,000,000 coins ?  or 1,000,000,000,000 coins ?  You get the idea ...

then it'd been ripple ;)

LOL!


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: Bitcoin.Greece on May 28, 2013, 01:51:04 PM
He must have money to give back for many reasons .... No problem ...


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: fenican on May 28, 2013, 01:55:10 PM
He must have money to give back for many reasons .... No problem ...

LMFAO ... like asking someone how to compile under Linux ?  50,000 reward for that one


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: TheSwede75 on May 28, 2013, 01:57:43 PM
There was nothing upfront about it. Also: announced bounties are less than half of premine, and also does not by ANY means keep "dev" from selling the coin and calling it a day without paying out any bounty at all.

Block reward 1000000, 500, 250, 100 :) ha ha


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: chinsu on May 28, 2013, 02:00:34 PM
There was nothing upfront about it. Also: announced bounties are less than half of premine, and also does not by ANY means keep "dev" from selling the coin and calling it a day without paying out any bounty at all.

Block reward 1000000, 500, 250, 100 :) ha ha
Yes we are selling it, for free. 50,000 SXC already given away and keep going on. Not to mention 1m+ coins for pool/exchange/event/bounty.


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: TheSwede75 on May 28, 2013, 02:02:29 PM
There was nothing upfront about it. Also: announced bounties are less than half of premine, and also does not by ANY means keep "dev" from selling the coin and calling it a day without paying out any bounty at all.

Block reward 1000000, 500, 250, 100 :) ha ha
Yes we are selling it, for free. 50,000 SXC already given away and keep going on. Not to mention 1m+ coins for pool/exchange/event/bounty.

50k given out, so only 1.950.000 coins, plus whatever your instamining botnet could hash left to sell on the forum. Well, I stand corrected then  ???


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: chinsu on May 28, 2013, 02:05:59 PM
There was nothing upfront about it. Also: announced bounties are less than half of premine, and also does not by ANY means keep "dev" from selling the coin and calling it a day without paying out any bounty at all.

Block reward 1000000, 500, 250, 100 :) ha ha
Yes we are selling it, for free. 50,000 SXC already given away and keep going on. Not to mention 1m+ coins for pool/exchange/event/bounty.

50k given out, so only 1.950.000 coins, plus whatever your instamining botnet could hash left to sell on the forum. Well, I stand corrected then  ???

It's funny that you want us to give out all coins at once? By the way, if we have that 500MH botnet, we would better mine LTC for instant dollar. Please think before posting.


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: TheSwede75 on May 28, 2013, 02:12:59 PM
There was nothing upfront about it. Also: announced bounties are less than half of premine, and also does not by ANY means keep "dev" from selling the coin and calling it a day without paying out any bounty at all.

Block reward 1000000, 500, 250, 100 :) ha ha
Yes we are selling it, for free. 50,000 SXC already given away and keep going on. Not to mention 1m+ coins for pool/exchange/event/bounty.

50k given out, so only 1.950.000 coins, plus whatever your instamining botnet could hash left to sell on the forum. Well, I stand corrected then  ???

It's funny that you want us to give out all coins at once? By the way, if we have that 500MH botnet, we would better mine LTC for instant dollar. Please think before posting.

For being a "developer" you sure don't understand how your own scam works very well. I would ask your copy paste programmer for a refund.


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: TheSwede75 on May 28, 2013, 02:14:28 PM
There was nothing upfront about it. Also: announced bounties are less than half of premine, and also does not by ANY means keep "dev" from selling the coin and calling it a day without paying out any bounty at all.

Block reward 1000000, 500, 250, 100 :) ha ha
Yes we are selling it, for free. 50,000 SXC already given away and keep going on. Not to mention 1m+ coins for pool/exchange/event/bounty.

50k given out, so only 1.950.000 coins, plus whatever your instamining botnet could hash left to sell on the forum. Well, I stand corrected then  ???

It's funny that you want us to give out all coins at once? By the way, if we have that 500MH botnet, we would better mine LTC for instant dollar. Please think before posting.

Well if you we're that worried about 'perception' maybe you shouldn't be hosting the very first [WTS] thread 2 hours after coin launch  :o


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: techbytes on May 28, 2013, 02:40:07 PM
Novacoin was premined right? Btc-e last price: 0.03233 BTC

It's all about what you do with your premined stash. Giveaway bounties are great for marketing and builds value imho.


I will give this coin a couple of weeks and see where it goes.  But I just don't see the demand for it with that many in circulation already.  Throwing 50K bounty to a dev that probably took him all of 5 minutes to fix the linux makefiles shows you how cheap this altcoin is already.  No offense to you mkmen.  Good luck selling that on the exchange.   ;D

-tb-


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: chinsu on May 28, 2013, 02:45:45 PM
Novacoin was premined right? Btc-e last price: 0.03233 BTC

It's all about what you do with your premined stash. Giveaway bounties are great for marketing and builds value imho.


I will give this coin a couple of weeks and see where it goes.  But I just don't see the demand for it with that many in circulation already.  Throwing 50K bounty to a dev that probably took him all of 5 minutes to fix the linux makefiles shows you how cheap this altcoin is already.  No offense to you mkmen.  Good luck selling that on the exchange.   ;D

-tb-

I think it's worth every coin. Without working Linux source, no one can making pool.
Also the bounty goes to ppl who help SXC community growing. Everyone who mined SXC will be benefited too.


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: lazydna on May 28, 2013, 02:49:52 PM
Novacoin was premined right? Btc-e last price: 0.03233 BTC

It's all about what you do with your premined stash. Giveaway bounties are great for marketing and builds value imho.


Oh please, the value of a coin is not significant, it's market capitalization.


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: techbytes on May 28, 2013, 02:57:53 PM
Novacoin was premined right? Btc-e last price: 0.03233 BTC

It's all about what you do with your premined stash. Giveaway bounties are great for marketing and builds value imho.


I will give this coin a couple of weeks and see where it goes.  But I just don't see the demand for it with that many in circulation already.  Throwing 50K bounty to a dev that probably took him all of 5 minutes to fix the linux makefiles shows you how cheap this altcoin is already.  No offense to you mkmen.  Good luck selling that on the exchange.   ;D

-tb-

I think it's worth every coin. Without working Linux source, no one can making pool.
Also the bounty goes to ppl who help SXC community growing. Everyone who mined SXC will be benefited too.

SXC not worth a whole lot if there are 2M to give out.  I'm sure mcxnow or vircurex would love to take that 100K bounty.  One thing I agree with you is all miners will benefit once this hit the exchange.   ;D

-tb-


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: Tobius on May 28, 2013, 03:07:00 PM
Just calm down and stop using garbage -_-


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: bizz on May 28, 2013, 03:09:50 PM
Novacoin was premined right? Btc-e last price: 0.03233 BTC

It's all about what you do with your premined stash. Giveaway bounties are great for marketing and builds value imho.


Oh please, the value of a coin is not significant, it's market capitalization.


OK then I should add this link:

http://www.cryptocoincharts.info/period-charts.php?period=alltime&resolution=day&pair=nvc-btc&market=btc-e

Compare that chart to any other altcoin chart on that site except maybe litecoin.


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: 22naru on May 28, 2013, 04:10:10 PM
altcoins are for fun. stop hate  sexcoin:).


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: add1ct3dd on May 28, 2013, 04:42:49 PM
It's another shitcoin what do you expect?

Another pointless coin everyone wants to dump.


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: fishboy on May 28, 2013, 04:42:56 PM
go go fun :P


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: fishboy on May 28, 2013, 04:43:19 PM
actually devs want to dump first that's why the 2M premine


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: daytrader420 on May 28, 2013, 04:49:33 PM
ALERT ALERT ALERT

From the [SXC] source code main.cpp:

if(nHeight < 3) //premine bounties
   {
      nSubsidy = 1000000 * COIN;
   }

ALERT ALERT ALERT



Phenixcoin did the same thing, it's fine to premine now. At least thats what phenixcoin supporters say...

Actually, no.

PhenixCoin launched with objectives and multiple services, and more of a reason for a premined bounty.

A new service was just launched just yesterday with them, phenixst.com..

Plz go find yourself some truly premined coin that can be dumped to shit, and stop spreading your false bullshit.

I'm sorry your Gldcoin/WDC/shitcoin whatever you came from isn't as promising, but you aren't going to get anywhere with your jealousy/bullshit lies.


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: Hydroponica on May 28, 2013, 05:03:09 PM
Wait, what? This coin is real? I thought they were joking...


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: fisheater on May 28, 2013, 05:07:32 PM
This is one of the largest premines ever.  Those 2,000,000 coins in the float will make it virtually impossible for SXC to have value since

THEY WILL BE DUMPED AS SOON AS IT HITS AN EXCHANGE

you think exchanges are brothels?? I think this one will never hit an exchange.   ;D


Title: Re: [SXC] Block 1 and 2 are 1,000,000 coins
Post by: lukemarshall on May 28, 2013, 05:14:06 PM
This man is just trying to spread the sex around...

for some reason in envision thick moustashes and shirts with the top 3-4 buttons undone.  o yea, and chesthair...lots of chesthair..

ewwwww