Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: clackersmaracas on January 12, 2014, 07:29:55 PM



Title: PLATINUM BARS Launching 18th January 2014
Post by: clackersmaracas on January 12, 2014, 07:29:55 PM

Release date: UPDATE DELAYED TO 00.00PM MIDNIGHT GMT, 25th January/26th January 2014

Coin Information

PlatinumBars (also known as PlatinumBullion, PlatinumIngots, Silver  and TruePlatinum)
This new “Alt-Coin” is part of a brand new group of asset based crypto currency including GoldBar and SilverBar supported by real gold, silver and platinum.
We see Gold, Silver and Platinum as potential real payment systems in the future, unlike most coins however our premine will be invested in real Gold, Silver and Platinum to give long term real world value to our currencies.

Our PlatinumBars are created to be mined across a 50 year period ensuring these are always in demand, always rare and will ensure a greater value whether its person to person or on an exchange. Each of our only 6,000,000 (6 million) bars represents all of the platinum bars currently ingotted and stored in any part of the world and bars yet mined from the precious earth).

Due to the potential high value of these bars, we will offer a secure storage facility for your platinum coins when mined to ensure that you never lose these valuable deposits.

Value

The value of One Bar Of Platinum in real terms is over $460,000 dollars compared to Gold ($600,000 dollars per bar) and Silver ($1,380 dollars per bar), what will our cryptocurrency be valued to.......?

Mining

- 1 minute block target
- 5 Confirms per transaction
- Difficulty re-targets every 60 minutes
- Block reward 0.01 estimated (may be higher)
- Total coin supply: 6,000,000 (6 million - one for every bar in storage and mass awaiting mining)
- Scrypt


- Premine: 3.5%
An estimated Pre-Mine of 3.5% is required for the purpose of retaining and investing in real, actual gold deposits which will increase the value of your coins in the future*. Of this 3.5% around 0.5% - 1% will be kept for promotions, currency development and ensure future giveaways and use to make a positive difference to the world by relieving poverty, providing financial opportunities and improving real world social problems through donations, work and provision of opportunity.

Our coin has been minted (compiled pending launch)

Wallets ready on launch;

Linux wallet (ready)
Mac wallet (ready)
Windows wallet (being finalised)

Pools:

Please contact us at info@commonwealthcoins.org if you wish to have your pool added

Hashasaurus: http://platinum.hashasaurus.com (available for signup on Saturday 18th January)

FAQ:

#1. - Question: When and where can we download the wallets.
#1a. - Answer: Our wallets will be available to download from our website and linked to from a number of websites including here as soon as possible and in advance of coin launch.

#2. - Question: Why GoldBars, SilverBars and PlatinumBars
#2a. - Answer: We understand that there may be considerable value in our coins whos aim is to directly replicate the use of gold, silver and platinum in society into a virtual cryptocurrency

#3. - Question: Will Gold, Silver and Platinum be on the exchanges
#3a. - Answer: We are confident that these belong on the exchanges and will be making an application to major exchanges upon launch.

Other:

Blockchain: TBC (will be available upon launch)

Forum: TBC

Website: http://www.commonwealthcoins.org

Anything else please contact us via private message or via email at info@commonwealthcoins.org


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: pmm123 on January 12, 2014, 07:31:17 PM
- Premine: 3.5%
An estimated Pre-Mine of 3.5% is required for the purpose of retaining and investing in real, actual gold deposits which will increase the value of your coins in the future*. Of this 3.5% around 0.5% - 1% will be kept for promotions, currency development and ensure future giveaways and use to make a positive difference to the world by relieving poverty, providing financial opportunities and improving real world social problems through donations, work and provision of opportunity.

DEAD
BYE

2,5% FOR YOU AJJAJA GL


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: Ferris419 on January 12, 2014, 07:42:22 PM
Why why why release a coin with a huge premine?!? Good luck but you can consider this coin dead!!


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: cremstopper on January 12, 2014, 08:26:38 PM
So it takes 50 years for the rest of us to mine ours, yet you will have yours immediately. No thanks.


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: neuroMode on January 12, 2014, 08:31:19 PM
So it takes 50 years for the rest of us to mine ours, yet you will have yours immediately. No thanks.

Exactly my thoughts too.


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: tokyoghetto on January 12, 2014, 08:35:09 PM
scamcoin. you people have been warned.


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: itsallpc on January 12, 2014, 11:42:45 PM
platinum and gold bars same day / same 3.5% premine no thanks


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: bctmasterer on January 13, 2014, 12:37:53 AM
Same as gold bars, way to high premine

6,000,000 bars at 3.5% premine is 210,000 bars premine.

0.01 bars per block.

1 block per minute.

1440 blocks per day.

525600 blocks per year.

5256 bars per year.

It will take 39.95 years for the public to mine as much as your premine.



Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: pjr77 on January 13, 2014, 12:43:54 AM
3.5% ????? GREED IS STRONG WITH THIS ONE !!! 8)


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: cremstopper on January 13, 2014, 02:30:24 AM
Same as gold bars, way to high premine

6,000,000 bars at 3.5% premine is 210,000 bars premine.

0.01 bars per block.

1 block per minute.

1440 blocks per day.

525600 blocks per year.

5256 bars per year.

It will take 39.95 years for the public to mine as much as your premine.



Wow, if that's right, then these three coins are all a complete waste of time.


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: michaelsss on January 13, 2014, 03:59:07 AM
oh,god.

DEV will luanch another coin at same time
https://bitcointalk.org/index.php?topic=412535.new#new


scamer!!!


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: tangle on January 13, 2014, 04:01:55 AM
Scamshitcoin


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: defaced on January 13, 2014, 04:04:50 AM
youch that premine man


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: delphs on January 13, 2014, 04:06:53 AM
wtf is with people pre-mining...

"for development and contest and promo" WHATEVER, coin has no value until people are into it and you're stealing all the coins upfront so people can't get into it...

backward retarded coin


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: axxian on January 13, 2014, 12:13:30 PM
Same as gold bars, way to high premine

6,000,000 bars at 3.5% premine is 210,000 bars premine.

0.01 bars per block.

1 block per minute.

1440 blocks per day.

525600 blocks per year.

5256 bars per year.

It will take 39.95 years for the public to mine as much as your premine.



LOL? 40 years !!! wow these dev... truly amazing.....


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: Catswold on January 13, 2014, 10:26:16 PM
No. ::)


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: cryptohunter on January 13, 2014, 10:39:59 PM
this guys is trolling....

he is releasing about 10 coins on the same day


hopefully a shill account for a senior member illustrating how stupid it's all getting.


People should release 20 coins a day each....


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: UNOE on January 13, 2014, 10:42:54 PM
Scam

Please don't support this junk


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: Turpomann on January 13, 2014, 11:49:36 PM
I predict windows wallet won't be ready at the launch and linux users instamine the shit out of it.


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: kaiMCsquare on January 14, 2014, 08:55:50 AM
there should be a requirement for ANNs to have a poll to outright just vote to delete announcements of such horrible coins like this one. and ban the user's IP for good measure.

this kind of scam coins are HURTING US ALL.

we as a community need to stick up for ourselves instead of letting all these snake oil salesmen run amok in our young market.


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: Androidicus on January 16, 2014, 03:00:52 PM
Ah, unfortunately all markets are thus - whether young or old..!


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: ht518 on January 16, 2014, 03:05:27 PM
君甚吊,家翁可知? :-\


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: 794259332 on January 16, 2014, 03:07:25 PM
一个块0.01个币,你预挖21W,你咋不去抢 ;D ;D ;D ;D

if you can't understand the above words! please use google translation


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: brother3 on January 16, 2014, 07:21:17 PM
skip


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: Ganger631 on January 17, 2014, 11:54:49 PM
This coin is really really dumb. Dev just looking to make big cash and not care about us. Hope this coin dies instantly!


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: ScoobyDood on January 18, 2014, 02:56:26 AM
君甚吊,家翁可知? :-\
He said Scambalamdingdangdoh coin
(rough translation)


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: TimFChavez on January 18, 2014, 06:56:17 PM
- Premine: 3.5%
An estimated Pre-Mine of 3.5% is required for the purpose of retaining and investing in real, actual gold deposits which will increase the value of your coins in the future*. Of this 3.5% around 0.5% - 1% will be kept for promotions, currency development and ensure future giveaways and use to make a positive difference to the world by relieving poverty, providing financial opportunities and improving real world social problems through donations, work and provision of opportunity.


So you will need to sell your 3% premine before you can purchase the gold to back this coin. So that will lower the value of the miners coins and you will have a hand full of gold and the miners will be holding the empty bag.  How are you suppose to back the coins with gold? Are you going to allow us to trade this coins in for gold?


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: MsCollec on January 18, 2014, 07:55:42 PM
This is the most hard working dev i ever seen, launching 3 coins with 3.5% premine each. I hope no one mine your shitty coins.


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: miffman on January 18, 2014, 08:36:46 PM
are you honestly expecting this to work out? 3.5% is crazy. 1.5% at most, and all to giveaways


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: pikuchato on January 18, 2014, 08:42:29 PM
My potatoes are ready to mine it as soon it get out!


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: flasheart on January 18, 2014, 09:02:47 PM

Due to the potential high value of these bars, we will offer a secure storage facility for your platinum coins when mined to ensure that you never lose these valuable deposits.

Value

The value of One Bar Of Platinum in real terms is over $460,000 dollars compared to Gold ($600,000 dollars per bar) and Silver ($1,380 dollars per bar), what will our cryptocurrency be valued to.......?



To OP:

Well its obvious this coin is a scam / joke... But OP...  If you are going to try and scam, at least put some effort into it...  As stated above the value in "real terms"?  That's some big official sounding words you are speaking there.. must be legit...  oh, and when has Platinum been worth less then gold?  and a bar is what?  You need weights (oz or grams).  You obviously have no clue about dealing in precious metals and no clue on how to market a crypto currency...  Even your scam attempt is poor.

You do succeed at being a failure.  Now leave and don't come back.


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: anderl on January 26, 2014, 07:28:11 AM
So it is 7:27 AM GMT.  Has it launched?


Title: Re: PLATINUM BARS Launching 18th January 2014
Post by: bumpusee on January 30, 2014, 04:45:18 AM
"An estimated Pre-Mine of 3.5% is required for the purpose of retaining and investing in real, actual gold deposits which will increase the value of your coins in the future*"

this is so funny