Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: SwitchCoin on February 25, 2014, 12:06:11 PM



Title: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SwitchCoin on February 25, 2014, 12:06:11 PM

Switch Coin
Crypto Commodity, Community Exercise, Social Experiment
Launch Date:  3/3/2014 @ 10PM UTC

Scrypt
0 Block Reward
0 Mining Fees
180 Second Blocks
12 Hour Re-target
3 Confirmations
500,000 Coins
5% Transaction Fee which is destroyed.

About Switch Coin
There are only 500,000 Switch Coins in existence and there will never be anymore than that. From the time that the first transaction occurs, the supply of Switch Coins will be exponentially decreased until only a few remain. When Switch Coins are sent, 5% of coins transferred are Switched Off and Destroyed. The remaining 95% remain Switched On and arrive at their destination. Switch Coin has been modeled for maximum success and profitability because of this. With every transfer, the supply of coins will be decreased exponentially, causing the market cap to increase which over time we believe should result in an increased market price for Switch Coin. We believe that the very nature of destroying coins over time will exponentially increase the value and price of each and every Switch Coin. Switch Coin has been designed, created and developed for what we believe is maximum success for Short and Long Term profitability.

Exchanges
We are currently in talks with multiple exchanges about Switch Coin and we are very confident that we'll be listed before the launch. If you have an exchange and you haven't heard from us and you'd like to list Switch Coin than please contact us at SwitchCoin@aol.com

Wallets
Switch Coin 1.2.7 Windows QT Wallet - https://mega.co.nz/#!e0BTyJRZ!wmuKlgq90jNcgIDaWf_pItKV1GlWbBu1lHUO0ERkTPQ (https://mega.co.nz/#!e0BTyJRZ!wmuKlgq90jNcgIDaWf_pItKV1GlWbBu1lHUO0ERkTPQ)
Mirror for Windows QT Wallet - https://www.dropbox.com/s/q09tjizlh8hrbni/SwitchCoin.zip (https://www.dropbox.com/s/q09tjizlh8hrbni/SwitchCoin.zip)
Switch Coin 1.4 Mac QT Wallet - https://mega.co.nz/#!ylIkzDBK!3cWcKpRX-mGwivbjXW14lclKp-Fh7N6vjuYkohG-6kg (https://mega.co.nz/#!ylIkzDBK!3cWcKpRX-mGwivbjXW14lclKp-Fh7N6vjuYkohG-6kg)
Mirror for Mac QT Wallet - https://www.dropbox.com/s/wl6b0sdz5pn6wrh/SwitchCoin-Qt-v.1.4-MacOSX.zip (https://www.dropbox.com/s/wl6b0sdz5pn6wrh/SwitchCoin-Qt-v.1.4-MacOSX.zip)

We are currently finishing up the Linux Version and it should be up here in the next day.
To ensure a fair launch, all Wallets will be stored in password protected archives until the Launch Date.

For those who can't wait to see the Windows QT...
Screenshots of the SwitchCoin Windows QT http://imgur.com/a/RoyUm (http://imgur.com/a/RoyUm)
A Video of the SwitchCoin Windows QT being demoed http://www.youtube.com/watch?v=r7U0yqkWvvs (http://www.youtube.com/watch?v=r7U0yqkWvvs)

Bounties - Contact SwitchCoin@aol.com to inquire about each
Android Wallet
Lite Wallet
Paper Wallet

IPO
If you missed your chance to get in on the ground level with other Crypto Currencies than here's your chance! From now until the Launch Date anyone and everyone can get in on Switch Coin at ground level Prices. The IPO is for shares of each Switch Coin. At the end of the IPO we'll take the total amount of BTC collected and we'll simply divide the 500,000 Coins by the Total Amount of BTC to determine the price of each coin. You will then receive your share of Switch Coins. So if the total amount invested is 100BTC and you invested 1BTC than you will receive 1% of the Total Amount of Switch Coins, which comes to 5,000 Switch Coins. So in essence the starting buying price of each Switch Coin will be set by the investors.

To get in on the IPO send the amount of BTC that you'd like to invest to 1GBB37q3JUaCDPLdG9TGRFo3PcvsWVBHzm
Then send an e-mail to SwitchCoin@aol.com and Let us know the Date, Time, Amount of BitCoins you sent and the Transaction ID for the Transaction. Once reviewed we will manually send you confirmation of your investment.

Comments, Questions, Suggestions
Leave a Comment Here or E-mail us at SwitchCoin@aol.com

We've closed the original thread because we accidentally made it self-moderated.
For archival purposes the original thread is located at https://bitcointalk.org/index.php?topic=484965 (https://bitcointalk.org/index.php?topic=484965)



Total Received from the IPO: 0.2btc
BlockChain: http://blockchain.info/address/1GBB37q3JUaCDPLdG9TGRFo3PcvsWVBHzm (http://blockchain.info/address/1GBB37q3JUaCDPLdG9TGRFo3PcvsWVBHzm)


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: The One on February 25, 2014, 06:47:50 PM
So if the total amount invested is 100BTC and you invested 1BTC than you will receive 1% of the Total Amount of Switch Coins, which comes to 5,000 Switch Coins.

If 100BTC was sent to you, what happens to the BTCs?

Oh....allow me answer the question above for you.

You keep the BTCs for yourself.

Another IPO scam.

Will it ever stop?

Go away, people on here have wisen up to these scams.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: brokedummy on February 25, 2014, 08:02:30 PM
Investment? I don't think that word means what you think it means.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: Jeezy911 on February 25, 2014, 08:10:02 PM
Once i can actually see some coins ill invest. Love the idea but will never do an IPO. Nor should you.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SwitchCoin on February 26, 2014, 02:51:15 AM
So if the total amount invested is 100BTC and you invested 1BTC than you will receive 1% of the Total Amount of Switch Coins, which comes to 5,000 Switch Coins.

If 100BTC was sent to you, what happens to the BTCs?

Oh....allow me answer the question above for you.

You keep the BTCs for yourself.

Another IPO scam.

Will it ever stop?

Go away, people on here have wisen up to these scams.
All BTC invested will be used to market, advertise and further develop Switch Coin.
If you're uncomfortable with the premise than please don't invest in Switch Coin but don't call us a Scam.
We haven't scammed anyone nor would we ever tarnish our reputation by doing so.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SwitchCoin on February 26, 2014, 02:59:12 AM
Investment? I don't think that word means what you think it means.
I don't understand what you mean.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SwitchCoin on February 26, 2014, 03:06:32 AM
Once i can actually see some coins ill invest. Love the idea but will never do an IPO. Nor should you.
All Switch Coins will be divided up amongst the investors at the end of the IPO. You'll still be able to get them through the exchanges though.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: Jarod1231 on February 26, 2014, 03:09:10 AM
0 block reward and 0 mining fees... have fun getting your transactions to go through when there are 0 miners because there's 0 reasons to mine it  ::)


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: Brolong on February 26, 2014, 03:33:45 AM
0 block reward and 0 mining fees... have fun getting your transactions to go through when there are 0 miners because there's 0 reasons to mine it  ::)
I think the investors and developers would keep it going to protect their investment...like nxt and pmc


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SwitchCoin on February 26, 2014, 06:41:27 AM
0 block reward and 0 mining fees... have fun getting your transactions to go through when there are 0 miners because there's 0 reasons to mine it  ::)
I think the investors and developers would keep it going to protect their investment...like nxt and pmc
A working infrastructure for the network is currently in place and we do have plans to improve upon it over the upcoming weeks and months.
Mining is strictly voluntary and we would welcome that from anyone although it's not necessary.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SwitchCoin on February 26, 2014, 06:49:55 AM
0 block reward and 0 mining fees... have fun getting your transactions to go through when there are 0 miners because there's 0 reasons to mine it  ::)
We believe that too which is why we've designed Switch Coin like that. It's to prevent 4profit miners from being able to mine it, just to dump it at the exchanges, which would would significantly decrease the market value of Switch Coin. Imagine investing in an IPO, just for it to lose value over the upcoming weeks because 4profit miners are dumping it at the exchanges? We've designed this coin in every way possible to prevent such things.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: Dr_Scythe on February 26, 2014, 07:01:19 AM
Sure you've designed a coin that attracts a high sell price that won't deflate over time but who the hell is going to buy these coins.

The point of crypto currency is to provide a method of payment without the barriers of fiat like high merchant fees. Who would accept payment in switchcoins when they lose 5% on every transaction. That's worse than most banks and Paypal!

At the end of the day if there's no real world use for your coin it will die.

This is just a creative ponzi scheme to give profit to the founders and initial investors with no regard to the buyers that will inevitably be left holding worthless garbage.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SwitchCoin on February 26, 2014, 12:31:44 PM
Sure you've designed a coin that attracts a high sell price that won't deflate over time but who the hell is going to buy these coins.

The point of crypto currency is to provide a method of payment without the barriers of fiat like high merchant fees. Who would accept payment in switchcoins when they lose 5% on every transaction. That's worse than most banks and Paypal!

At the end of the day if there's no real world use for your coin it will die.

This is just a creative ponzi scheme to give profit to the founders and initial investors with no regard to the buyers that will inevitably be left holding worthless garbage.
Yes, we don't believe that Switch Coin will replace fiat or banks or paypal. This is a coin for investors and traders. We have designed Switch Coin to have short and long term success on the open market. This is not an investment for someone who wants to use Switch Coin to buy their groceries one day. If someone wants to take it to that level than that would be great but as of yet that is not our intention.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SteveMayer on February 26, 2014, 01:59:51 PM
How much has the IPO received so far?


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SwitchCoin on February 26, 2014, 03:51:59 PM
How much has the IPO received so far?
The IPO hasn't received anything yet. As soon as it does we'll start updating the thread with the total.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: Defcronyk on February 26, 2014, 09:37:28 PM
nice idea... i will watch closely


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SlidingHorn on February 26, 2014, 10:21:57 PM
You haven't followed the new IPO rules...this goes in the OP:


You can just copy and paste from here:

Code:
[center]
[quote author=Stack-Coin link=topic=457575.msg5302833#msg5302833 date=1393089581]
[size=40pt][b][color=red]69.5 BTC[/color][/b][/size]
[img]http://media.giphy.com/media/s2qXK8wAvkHTO/giphy.gif[/img]
[/quote]
[/center]

You're welcome


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: InsanityDev on February 26, 2014, 10:24:58 PM
10 points for originality, 100 for credibility


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: subSTRATA on February 26, 2014, 10:32:56 PM
0 block reward and 0 mining fees... have fun getting your transactions to go through when there are 0 miners because there's 0 reasons to mine it  ::)
We believe that too which is why we've designed Switch Coin like that. It's to prevent 4profit miners from being able to mine it, just to dump it at the exchanges, which would would significantly decrease the market value of Switch Coin. Imagine investing in an IPO, just for it to lose value over the upcoming weeks because 4profit miners are dumping it at the exchanges? We've designed this coin in every way possible to prevent such things.

Yes, but you haven't prevented you from dumping coins on exchange nor there is guarantee you will send any coins to investors. Trust -6, bye!


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: jgaspar on February 27, 2014, 02:01:09 AM
http://cdn.pjmedia.com/eddriscoll/files/2013/05/trek_facepalm_5-14-13.jpg


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: moonriver on February 27, 2014, 02:08:40 AM
this thread seems to be self moderated.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: blueangel01 on February 27, 2014, 06:21:17 AM
If i will ever be scammed again, I would rather be scammed by a great scammer not someone who just posted in bitcointalk with all words and premises.  >:(

No website, using aol.

100% scam.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: anonymousxx1503 on February 27, 2014, 06:38:37 AM
So , If I invest 1 BTC, I get 5000 coins ? But by the time I get those coins , i've lost 5% of them since they've been 'switched off' which means as soon as I invest, I lose 0.05 BTC or 28.75$ per BTC invested.


This is a great idea. InstaLoseYourMoneyCoin.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SwitchCoin on February 27, 2014, 09:14:49 AM
So , If I invest 1 BTC, I get 5000 coins ? But by the time I get those coins , i've lost 5% of them since they've been 'switched off' which means as soon as I invest, I lose 0.05 BTC or 28.75$ per BTC invested.


This is a great idea. InstaLoseYourMoneyCoin.
No that's not correct. That's based on if 100BTC in total is collected but yes you will receive 5% less coins as that 5% will be destroyed in the transfer but you won't instalose 5% of it's value. Under that example, you'll end up with 4750 coins for 1BTC. No lose in value at all and the market value for Switch Coins will far exceed the IPO value.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SteveMayer on February 27, 2014, 01:23:29 PM
I have a weird feeling that the trolls are investing and just want to keep me from investing.

I'm going to start with .02btc and we'll see where this goes.

Switch Coin to the Moooooooooooooooooooooooonnnnnnnn!!!!!!!!!!


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SlidingHorn on February 27, 2014, 04:32:02 PM
I have a weird feeling that the trolls are investing and just want to keep me from investing.

I'm going to start with .02btc and we'll see where this goes.

Switch Coin to the Moooooooooooooooooooooooonnnnnnnn!!!!!!!!!!

You can just send your bitcoins to me and I'll spend them...at least then you'll have sent them to someone who's honest about what's going to happen to your money.

Anyone who sends their bitcoins to this scam deserves to lose them.  You've all been warned multiple times


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SteveMayer on February 27, 2014, 07:04:10 PM
I have a weird feeling that the trolls are investing and just want to keep me from investing.

I'm going to start with .02btc and we'll see where this goes.

Switch Coin to the Moooooooooooooooooooooooonnnnnnnn!!!!!!!!!!

You can just send your bitcoins to me and I'll spend them...at least then you'll have sent them to someone who's honest about what's going to happen to your money.

Anyone who sends their bitcoins to this scam deserves to lose them.  You've all been warned multiple times
Calling it a scam because you don't like the idea? You're either 12 years old or a greedy troll trying to discourage me from investing so you can have all the riches to yourself.
Get a Life!


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: InsanityDev on February 27, 2014, 07:53:11 PM
First, it's a blatant clone of my own coin, and secondly the user has offered zero transparency on who he is, unlike myself where several highly trusted & respected members have all my personal details and are ready to release them should I step out of line.

However, copying ideas is fine, it gives credit, thank you - and people are free to invest where they like.. there is no evidence this is, or is not, a scam.

Still multiple steps could be taken to limit liability of coin loss, none of which have been taken by this developer.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SwitchCoin on February 27, 2014, 09:27:01 PM
First, it's a blatant clone of my own coin, and secondly the user has offered zero transparency on who he is, unlike myself where several highly trusted & respected members have all my personal details and are ready to release them should I step out of line.

However, copying ideas is fine, it gives credit, thank you - and people are free to invest where they like.. there is no evidence this is, or is not, a scam.

Still multiple steps could be taken to limit liability of coin loss, none of which have been taken by this developer.
We've been working on Switch Coin for the past month and there is no other Switch Coin.
Yes, our coin has a deflating property to it like yours does. What your coin is severely lacking though is a professional developer. You come onto this thread and lie about our coin and our development team, two things that you know nothing about, in some lame attempt to promote your coin? Seriously?

If any investors want my personal details or the personal details of the other 2 developers involved in this, they are more than welcome to them. I looked through your thread, I noticed you didn't publicly display your personal details either. Kudos to you sir.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SwitchCoin on February 27, 2014, 11:04:40 PM
0 block reward and 0 mining fees... have fun getting your transactions to go through when there are 0 miners because there's 0 reasons to mine it  ::)
We believe that too which is why we've designed Switch Coin like that. It's to prevent 4profit miners from being able to mine it, just to dump it at the exchanges, which would would significantly decrease the market value of Switch Coin. Imagine investing in an IPO, just for it to lose value over the upcoming weeks because 4profit miners are dumping it at the exchanges? We've designed this coin in every way possible to prevent such things.

Yes, but you haven't prevented you from dumping coins on exchange nor there is guarantee you will send any coins to investors. Trust -6, bye!
Of Course we guarantee that every investor will receive their coins. We didn't spend the past month working on this so we could kill our coin by doing something so ridiculous as to not send out the coins to our investors.

If you're looking for a zero risk way to obtain a stake in this IPO than you won't find it here. Our investors are taking a substantial risk while those sitting on the sidelines are not. It is precisely this risk that rewards them later on.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SwitchCoin on February 27, 2014, 11:11:55 PM
this thread seems to be self moderated.
No it's not self moderated. When it's self moderated it tells you that at the top of the first post, right underneath the title. See our old thread for an example https://bitcointalk.org/index.php?topic=484965 (https://bitcointalk.org/index.php?topic=484965)


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: MsCollec on February 27, 2014, 11:59:34 PM
EPIC FAIL.

Until you confirm your identity like Insanity dev did. I am giving you a SCAM RATING.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SwitchCoin on February 28, 2014, 12:09:43 AM
EPIC FAIL.

Until you confirm your identity like Insanity dev did. I am giving you a SCAM RATING.
As I told Insanity Dev when he made his post lying about us to promote his coin, that's not a problem. We have nothing to hide. How would you like us to go about doing that?


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: Defcronyk on February 28, 2014, 01:14:38 AM
EPIC FAIL.

Until you confirm your identity like Insanity dev did. I am giving you a SCAM RATING.
bitcoins dev is anon so u give bitcion a scam rating to?
cryptos are spose to be anon!


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: roede94105 on February 28, 2014, 01:31:07 AM
0 block reward and 0 mining fees... have fun getting your transactions to go through when there are 0 miners because there's 0 reasons to mine it  ::)
We believe that too which is why we've designed Switch Coin like that. It's to prevent 4profit miners from being able to mine it, just to dump it at the exchanges, which would would significantly decrease the market value of Switch Coin. Imagine investing in an IPO, just for it to lose value over the upcoming weeks because 4profit miners are dumping it at the exchanges? We've designed this coin in every way possible to prevent such things.

Yes, but you haven't prevented you from dumping coins on exchange nor there is guarantee you will send any coins to investors. Trust -6, bye!
Of Course we guarantee that every investor will receive their coins. We didn't spend the past month working on this so we could kill our coin by doing something so ridiculous as to not send out the coins to our investors.

If you're looking for a zero risk way to obtain a stake in this IPO than you won't find it here. Our investors are taking a substantial risk while those sitting on the sidelines are not. It is precisely this risk that rewards them later on.

Why not accept escrow via a trusted member, like Anon135 is doing for exocoin? If you are an honest dev you will be okay. If you are a scammer you'll refuse the idea.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: MsCollec on February 28, 2014, 01:49:09 AM
EPIC FAIL.

Until you confirm your identity like Insanity dev did. I am giving you a SCAM RATING.
bitcoins dev is anon so u give bitcion a scam rating to?
cryptos are spose to be anon!

Satoshi didn't held IPO for bitcoin  ???

SwitchCoin is similar to WOLF, they are both based on trust.  Switch dev find a reputable member of BTT that can confirm your identity. That's all you need to assure investor.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SlidingHorn on February 28, 2014, 02:10:38 AM
EPIC FAIL.

Until you confirm your identity like Insanity dev did. I am giving you a SCAM RATING.
As I told Insanity Dev when he made his post lying about us to promote his coin, that's not a problem. We have nothing to hide. How would you like us to go about doing that?

Then find a reputable escrow provider on the forum to handle the IPO for this coin.  I will happily remove my negative feedback if this is arranged.

No IPO escrow, No trust.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SwitchCoin on February 28, 2014, 02:18:48 AM
0 block reward and 0 mining fees... have fun getting your transactions to go through when there are 0 miners because there's 0 reasons to mine it  ::)
We believe that too which is why we've designed Switch Coin like that. It's to prevent 4profit miners from being able to mine it, just to dump it at the exchanges, which would would significantly decrease the market value of Switch Coin. Imagine investing in an IPO, just for it to lose value over the upcoming weeks because 4profit miners are dumping it at the exchanges? We've designed this coin in every way possible to prevent such things.

Yes, but you haven't prevented you from dumping coins on exchange nor there is guarantee you will send any coins to investors. Trust -6, bye!
Of Course we guarantee that every investor will receive their coins. We didn't spend the past month working on this so we could kill our coin by doing something so ridiculous as to not send out the coins to our investors.

If you're looking for a zero risk way to obtain a stake in this IPO than you won't find it here. Our investors are taking a substantial risk while those sitting on the sidelines are not. It is precisely this risk that rewards them later on.

Why not accept escrow via a trusted member, like Anon135 is doing for exocoin? If you are an honest dev you will be okay. If you are a scammer you'll refuse the idea.
No one is calling us a scam because of our idea or because of our coin. They're calling us a scam because we're doing an IPO with our coin. In less than 4 days the IPO ends and once everyone sees the happy investors and Switch Coin on exchanges, they'll stop calling us a scam. Are we willing to risk our investor's money, our reputation and our Coin's future on someone else, so that people don't call us a scam for the next 4 days?

It's the same reason we have the wallets password protected. If we don't protect them, people will say Switch Coin had an unfair launch and is a scam. If we keep them protected, people will say its because we're a scam. The difference between the two is that once the IPO is over, they'll stop calling us a scam for locking the wallets. But if we don't lock them, we'll always be known as a scam coin with an unfair launch.

This whole thing is a very tricky balance between what's good for the IPO and what's good for Switch Coin's future. We're doing what we believe is best for the future of Switch Coin, not what is necessarily best for the IPO.

With that said, we're not opposed to escrow through someone who is not only trusted by the community but someone who we trust as well. Someone who we trust with not only our investors money but the future of Switch Coin. We've never heard of Anon135 and a forum search came up with only 3 posts. 1 isn't about him and 1 post is yours. So why should we trust him with our investor's money and the future of our coin? because you're going to call us a scam if we don't? In less than 4 days you'll be over it.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SlidingHorn on February 28, 2014, 02:43:41 AM
0 block reward and 0 mining fees... have fun getting your transactions to go through when there are 0 miners because there's 0 reasons to mine it  ::)
We believe that too which is why we've designed Switch Coin like that. It's to prevent 4profit miners from being able to mine it, just to dump it at the exchanges, which would would significantly decrease the market value of Switch Coin. Imagine investing in an IPO, just for it to lose value over the upcoming weeks because 4profit miners are dumping it at the exchanges? We've designed this coin in every way possible to prevent such things.

Yes, but you haven't prevented you from dumping coins on exchange nor there is guarantee you will send any coins to investors. Trust -6, bye!
Of Course we guarantee that every investor will receive their coins. We didn't spend the past month working on this so we could kill our coin by doing something so ridiculous as to not send out the coins to our investors.

If you're looking for a zero risk way to obtain a stake in this IPO than you won't find it here. Our investors are taking a substantial risk while those sitting on the sidelines are not. It is precisely this risk that rewards them later on.

Why not accept escrow via a trusted member, like Anon135 is doing for exocoin? If you are an honest dev you will be okay. If you are a scammer you'll refuse the idea.
No one is calling us a scam because of our idea or because of our coin. They're calling us a scam because we're doing an IPO with our coin. In less than 4 days the IPO ends and once everyone sees the happy investors and Switch Coin on exchanges, they'll stop calling us a scam. Are we willing to risk our investor's money, our reputation and our Coin's future on someone else, so that people don't call us a scam for the next 4 days?

It's the same reason we have the wallets password protected. If we don't protect them, people will say Switch Coin had an unfair launch and is a scam. If we keep them protected, people will say its because we're a scam. The difference between the two is that once the IPO is over, they'll stop calling us a scam for locking the wallets. But if we don't lock them, we'll always be known as a scam coin with an unfair launch.

This whole thing is a very tricky balance between what's good for the IPO and what's good for Switch Coin's future. We're doing what we believe is best for the future of Switch Coin, not what is necessarily best for the IPO.

With that said, we're not opposed to escrow through someone who is not only trusted by the community but someone who we trust as well. Someone who we trust with not only our investors money but the future of Switch Coin. We've never heard of Anon135 and a forum search came up with only 3 posts. 1 isn't about him and 1 post is yours. So why should we trust him with our investor's money and the future of our coin? because you're going to call us a scam if we don't? In less than 4 days you'll be over it.

Here you go:  https://bitcointalk.org/index.php?topic=108716.0


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SwitchCoin on February 28, 2014, 03:08:14 AM
0 block reward and 0 mining fees... have fun getting your transactions to go through when there are 0 miners because there's 0 reasons to mine it  ::)
We believe that too which is why we've designed Switch Coin like that. It's to prevent 4profit miners from being able to mine it, just to dump it at the exchanges, which would would significantly decrease the market value of Switch Coin. Imagine investing in an IPO, just for it to lose value over the upcoming weeks because 4profit miners are dumping it at the exchanges? We've designed this coin in every way possible to prevent such things.

Yes, but you haven't prevented you from dumping coins on exchange nor there is guarantee you will send any coins to investors. Trust -6, bye!
Of Course we guarantee that every investor will receive their coins. We didn't spend the past month working on this so we could kill our coin by doing something so ridiculous as to not send out the coins to our investors.

If you're looking for a zero risk way to obtain a stake in this IPO than you won't find it here. Our investors are taking a substantial risk while those sitting on the sidelines are not. It is precisely this risk that rewards them later on.

Why not accept escrow via a trusted member, like Anon135 is doing for exocoin? If you are an honest dev you will be okay. If you are a scammer you'll refuse the idea.
No one is calling us a scam because of our idea or because of our coin. They're calling us a scam because we're doing an IPO with our coin. In less than 4 days the IPO ends and once everyone sees the happy investors and Switch Coin on exchanges, they'll stop calling us a scam. Are we willing to risk our investor's money, our reputation and our Coin's future on someone else, so that people don't call us a scam for the next 4 days?

It's the same reason we have the wallets password protected. If we don't protect them, people will say Switch Coin had an unfair launch and is a scam. If we keep them protected, people will say its because we're a scam. The difference between the two is that once the IPO is over, they'll stop calling us a scam for locking the wallets. But if we don't lock them, we'll always be known as a scam coin with an unfair launch.

This whole thing is a very tricky balance between what's good for the IPO and what's good for Switch Coin's future. We're doing what we believe is best for the future of Switch Coin, not what is necessarily best for the IPO.

With that said, we're not opposed to escrow through someone who is not only trusted by the community but someone who we trust as well. Someone who we trust with not only our investors money but the future of Switch Coin. We've never heard of Anon135 and a forum search came up with only 3 posts. 1 isn't about him and 1 post is yours. So why should we trust him with our investor's money and the future of our coin? because you're going to call us a scam if we don't? In less than 4 days you'll be over it.

Here you go:  https://bitcointalk.org/index.php?topic=108716.0
Oh wow, I didn't know such a thing existed. Thank you for sending that.

I'm going to discuss this with the other devs and if we can make this work without having to delay the launch than I don't see a problem with it.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SteveMayer on February 28, 2014, 03:52:35 AM
0 block reward and 0 mining fees... have fun getting your transactions to go through when there are 0 miners because there's 0 reasons to mine it  ::)
We believe that too which is why we've designed Switch Coin like that. It's to prevent 4profit miners from being able to mine it, just to dump it at the exchanges, which would would significantly decrease the market value of Switch Coin. Imagine investing in an IPO, just for it to lose value over the upcoming weeks because 4profit miners are dumping it at the exchanges? We've designed this coin in every way possible to prevent such things.

Yes, but you haven't prevented you from dumping coins on exchange nor there is guarantee you will send any coins to investors. Trust -6, bye!
Of Course we guarantee that every investor will receive their coins. We didn't spend the past month working on this so we could kill our coin by doing something so ridiculous as to not send out the coins to our investors.

If you're looking for a zero risk way to obtain a stake in this IPO than you won't find it here. Our investors are taking a substantial risk while those sitting on the sidelines are not. It is precisely this risk that rewards them later on.

Why not accept escrow via a trusted member, like Anon135 is doing for exocoin? If you are an honest dev you will be okay. If you are a scammer you'll refuse the idea.
No one is calling us a scam because of our idea or because of our coin. They're calling us a scam because we're doing an IPO with our coin. In less than 4 days the IPO ends and once everyone sees the happy investors and Switch Coin on exchanges, they'll stop calling us a scam. Are we willing to risk our investor's money, our reputation and our Coin's future on someone else, so that people don't call us a scam for the next 4 days?

It's the same reason we have the wallets password protected. If we don't protect them, people will say Switch Coin had an unfair launch and is a scam. If we keep them protected, people will say its because we're a scam. The difference between the two is that once the IPO is over, they'll stop calling us a scam for locking the wallets. But if we don't lock them, we'll always be known as a scam coin with an unfair launch.

This whole thing is a very tricky balance between what's good for the IPO and what's good for Switch Coin's future. We're doing what we believe is best for the future of Switch Coin, not what is necessarily best for the IPO.

With that said, we're not opposed to escrow through someone who is not only trusted by the community but someone who we trust as well. Someone who we trust with not only our investors money but the future of Switch Coin. We've never heard of Anon135 and a forum search came up with only 3 posts. 1 isn't about him and 1 post is yours. So why should we trust him with our investor's money and the future of our coin? because you're going to call us a scam if we don't? In less than 4 days you'll be over it.

Here you go:  https://bitcointalk.org/index.php?topic=108716.0
Oh wow, I didn't know such a thing existed. Thank you for sending that.

I'm going to discuss this with the other devs and if we can make this work without having to delay the launch than I don't see a problem with it.
Fuck these trolls. They all want in but they don't want to take the risk that I did.
Fuck that. When I invested I took a risk in you and now you want to let others do the same investment without the risk?
What kind of shit is that man? If you switch to escrow than I want my money back and I'm out.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SlidingHorn on February 28, 2014, 03:59:17 AM
Fuck these trolls. They all want in but they don't want to take the risk that I did.
Fuck that. When I invested I took a risk in you and now you want to let others do the same investment without the risk?
What kind of shit is that man? If you switch to escrow than I want my money back and I'm out.

You've been around for a month, which should be long enough for you to have seen some of the scams in here, and for you to see that this (whether it is or not) REEKS of a scam.

I'm not trolling, I'm simply attempting to get clear, concise answers in order to provide other users (particularly newer ones) all they need to make a safe (or as much as it gets here), informed decision


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SteveMayer on February 28, 2014, 04:13:59 AM
Fuck these trolls. They all want in but they don't want to take the risk that I did.
Fuck that. When I invested I took a risk in you and now you want to let others do the same investment without the risk?
What kind of shit is that man? If you switch to escrow than I want my money back and I'm out.

You've been around for a month, which should be long enough for you to have seen some of the scams in here, and for you to see that this (whether it is or not) REEKS of a scam.

I'm not trolling, I'm simply attempting to get clear, concise answers in order to provide other users (particularly newer ones) all they need to make a safe (or as much as it gets here), informed decision
I've been alive a lot longer than a month. I've seen some shit in my time. The worst is when someone shits in your mouth and calls it pudding.
You don't taste like pudding at all.

Your first post on this thread was a stupid troll post https://bitcointalk.org/index.php?topic=486595.msg5394384#msg5394384 (https://bitcointalk.org/index.php?topic=486595.msg5394384#msg5394384)

At what point did you go from Troll to your newly appointed position of Savior of the thread?

I didn't risk my btc so some wise ass punk like you could get the risk removed while claiming to be a savior.
What you're trying to do is eliminate the risk for yourself so you can screw current investors.
I'm one of those investors and you want to screw me? FUCK THAT AND FUCK YOU.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SlidingHorn on February 28, 2014, 04:21:30 AM
You've been around for a month, which should be long enough for you to have seen some of the scams in here, and for you to see that this (whether it is or not) REEKS of a scam.

I'm not trolling, I'm simply attempting to get clear, concise answers in order to provide other users (particularly newer ones) all they need to make a safe (or as much as it gets here), informed decision
I've been alive a lot longer than a month. I've seen some shit in my time. The worst is when someone shits in your mouth and calls it pudding.
You don't taste like pudding at all.

Your first post on this thread was a stupid gif calling this coin a scam https://bitcointalk.org/index.php?topic=486595.msg5394384#msg5394384 (https://bitcointalk.org/index.php?topic=486595.msg5394384#msg5394384)

At what point did you go from Troll to your newly appointed position of Savior of the thread?

I didn't risk my btc so some wise ass punk like you could get the risk removed while claiming to be a savior.
What you're trying to do is eliminate the risk for yourself so you can screw current investors.
I'm one of those investors and you want to screw me? FUCK THAT AND FUCK YOU.

Well, first, your profile indicates you've been here a month.  That's all I have to go on.

2nd:  You're right, that was the first post, because it walked, talked, acted & smelled like every other IPO scam that comes through here.  I called it as I saw it.

3rd:  I'm no savior.  I just find it to be doing my part for the crypto community by helping new folks (I'm not that seasoned myself, but I digress) get their feet wet, as well as learn how to not have their hard-earned money stolen from them.

4th:  The idea of escrow for an IPO:  "It's not for when the coin fails, but when the dev bails."  There is still risk involved - just not of blatant theft.  I'm VERY sorry to have ruined that thrill for you  ::)

5th:  I have not, nor will I have, a single lick of interest in investing in this coin.  You're safe there.  I have no intention of "screwing you"  or "shitting in your mouth" (someone's seen too many German "scheisse" flicks...), I've actually just done you a favor - you can choose to view it that way or not...completely your choice, I guess.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SteveMayer on February 28, 2014, 04:53:35 AM
You've been around for a month, which should be long enough for you to have seen some of the scams in here, and for you to see that this (whether it is or not) REEKS of a scam.

I'm not trolling, I'm simply attempting to get clear, concise answers in order to provide other users (particularly newer ones) all they need to make a safe (or as much as it gets here), informed decision
I've been alive a lot longer than a month. I've seen some shit in my time. The worst is when someone shits in your mouth and calls it pudding.
You don't taste like pudding at all.

Your first post on this thread was a stupid gif calling this coin a scam https://bitcointalk.org/index.php?topic=486595.msg5394384#msg5394384 (https://bitcointalk.org/index.php?topic=486595.msg5394384#msg5394384)

At what point did you go from Troll to your newly appointed position of Savior of the thread?

I didn't risk my btc so some wise ass punk like you could get the risk removed while claiming to be a savior.
What you're trying to do is eliminate the risk for yourself so you can screw current investors.
I'm one of those investors and you want to screw me? FUCK THAT AND FUCK YOU.

Well, first, your profile indicates you've been here a month.  That's all I have to go on.

2nd:  You're right, that was the first post, because it walked, talked, acted & smelled like every other IPO scam that comes through here.  I called it as I saw it.

3rd:  I'm no savior.  I just find it to be doing my part for the crypto community by helping new folks (I'm not that seasoned myself, but I digress) get their feet wet, as well as learn how to not have their hard-earned money stolen from them.

4th:  The idea of escrow for an IPO:  "It's not for when the coin fails, but when the dev bails."  There is still risk involved - just not of blatant theft.  I'm VERY sorry to have ruined that thrill for you  ::)

5th:  I have not, nor will I have, a single lick of interest in investing in this coin.  You're safe there.  I have no intention of "screwing you"  or "shitting in your mouth" (someone's seen too many German "scheisse" flicks...), I've actually just done you a favor - you can choose to view it that way or not...completely your choice, I guess.
You've been trolling this thread for 2 days. You have more posts here than I do and I'm an investor.
You're hoping that everyone is too dumb to see what you're doing. I see right through you.
All you're trying to do is get in without having to deal with the risk of the devs running off with your money.
Meanwhile, me and the other investors get to sit here scammed when you and your buddies buy in risk free.
You're helping no one but yourself. Go scam people in another thread while calling yourself their savior.
That shit won't work with me.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: flo_k on February 28, 2014, 01:29:02 PM
You're hoping that everyone is too dumb to see what you're doing. I see right through you.

We also see what YOU are doing. You act as a member of the Scam-Team :D


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SwitchCoin on February 28, 2014, 03:15:44 PM
You've been around for a month, which should be long enough for you to have seen some of the scams in here, and for you to see that this (whether it is or not) REEKS of a scam.

I'm not trolling, I'm simply attempting to get clear, concise answers in order to provide other users (particularly newer ones) all they need to make a safe (or as much as it gets here), informed decision
I've been alive a lot longer than a month. I've seen some shit in my time. The worst is when someone shits in your mouth and calls it pudding.
You don't taste like pudding at all.

Your first post on this thread was a stupid gif calling this coin a scam https://bitcointalk.org/index.php?topic=486595.msg5394384#msg5394384 (https://bitcointalk.org/index.php?topic=486595.msg5394384#msg5394384)

At what point did you go from Troll to your newly appointed position of Savior of the thread?

I didn't risk my btc so some wise ass punk like you could get the risk removed while claiming to be a savior.
What you're trying to do is eliminate the risk for yourself so you can screw current investors.
I'm one of those investors and you want to screw me? FUCK THAT AND FUCK YOU.

Well, first, your profile indicates you've been here a month.  That's all I have to go on.

2nd:  You're right, that was the first post, because it walked, talked, acted & smelled like every other IPO scam that comes through here.  I called it as I saw it.

3rd:  I'm no savior.  I just find it to be doing my part for the crypto community by helping new folks (I'm not that seasoned myself, but I digress) get their feet wet, as well as learn how to not have their hard-earned money stolen from them.

4th:  The idea of escrow for an IPO:  "It's not for when the coin fails, but when the dev bails."  There is still risk involved - just not of blatant theft.  I'm VERY sorry to have ruined that thrill for you  ::)

5th:  I have not, nor will I have, a single lick of interest in investing in this coin.  You're safe there.  I have no intention of "screwing you"  or "shitting in your mouth" (someone's seen too many German "scheisse" flicks...), I've actually just done you a favor - you can choose to view it that way or not...completely your choice, I guess.
You've been trolling this thread for 2 days. You have more posts here than I do and I'm an investor.
You're hoping that everyone is too dumb to see what you're doing. I see right through you.
All you're trying to do is get in without having to deal with the risk of the devs running off with your money.
Meanwhile, me and the other investors get to sit here scammed when you and your buddies buy in risk free.
You're helping no one but yourself. Go scam people in another thread while calling yourself their savior.
That shit won't work with me.
You bring up very good points that we didn't think about. You are not the only person whose taken a risk in us and invested thus far. The terms of the IPO will remain the same as they have been and will continue to do so. We care more about the views of our current investors than we do anyone else.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: DjstarX on February 28, 2014, 03:41:02 PM
O god ! Hopefully no one invested in this , Aol email account , pictures of a wallet ? really ?  Stop giving a bad name to crypto ...
Clark Kent /superman ...SteveMayer /SwitchCoin. Nuff said


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SwitchCoin on February 28, 2014, 05:20:46 PM
O god ! Hopefully no one invested in this , Aol email account , pictures of a wallet ? really ?  Stop giving a bad name to crypto ...
Clark Kent /superman ...SteveMayer /SwitchCoin. Nuff said

You come here to bad mouth us then you say that we're giving crypto a bad name? The Crypto Currency developers aren't the ones giving Crypto a bad name. Without developers there wouldn't be any Crypto Currency.

We tried to get a video up yesterday of the wallet but we ran into some problems so we posted the images in the meantime. In any event we got the video online today http://www.youtube.com/watch?v=r7U0yqkWvvs (http://www.youtube.com/watch?v=r7U0yqkWvvs)

AOL's only temporary until the main site is up. We've been so busy working on the Mac Wallet, the Linux wallet, the Investors only forum and talking with exchanges that we haven't had time to throw the website up.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: MsCollec on March 01, 2014, 08:47:00 AM
Any updates??  Escrow services  ???


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: miramare on March 01, 2014, 10:28:02 AM
With shitcoin from copy and paste or even coingen, a lot of newbies asked for IPO. What's the price of these shitcoins? Nothing.
It's damned.    It's just like robbing money from investors.
This has been ruining the market of altcoin.
Stop it.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SwitchCoin on March 01, 2014, 11:16:41 AM
Any updates??  Escrow services  ???
We just got the Mac Wallet online and it's available for download. The Linux wallet should be finished by tonight or tomorrow but definitely before the end of the IPO.

Escrow would have been great to use from the beginning but at this point we've decided against it. An investor brought up his concerns about us changing the terms of the IPO by switching to escrow and we decided to do what was best for our current investors.

The main problem the IPO is having is that people have spammed the thread calling us a scam and that people have given us negative trust for no reason other than to prevent people from being involved in this. Escrow won't undue the damage that these people have already done. Switching to escrow might make a few people decide to be a part of this who otherwise wouldn't have been but it will definitely tarnish our reputation with our current investors. We can't do that to our current investors in hopes of bringing in future investors.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SwitchCoin on March 01, 2014, 11:38:01 AM
With shitcoin from copy and paste or even coingen, a lot of newbies asked for IPO. What's the price of these shitcoins? Nothing.
It's damned.    It's just like robbing money from investors.
This has been ruining the market of altcoin.
Stop it.
We are not valuing our coins at a made up number and selling them. We are offering a percentage of them. The investors are the ones setting the price for Switch Coins, not us. As all investments this has its risks and its rewards and it is not for everyone. The IPO has brought in .03btc so far which translates to 6 satoshis per coin. A price that isn't set by us, it is set by the investors with the amount they've invested.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: danetti on March 01, 2014, 05:47:25 PM
With shitcoin from copy and paste or even coingen, a lot of newbies asked for IPO. What's the price of these shitcoins? Nothing.
It's damned.    It's just like robbing money from investors.
This has been ruining the market of altcoin.
Stop it.
We are not valuing our coins at a made up number and selling them. We are offering a percentage of them. The investors are the ones setting the price for Switch Coins, not us. As all investments this has its risks and its rewards and it is not for everyone. The IPO has brought in .03btc so far which translates to 6 satoshis per coin. A price that isn't set by us, it is set by the investors with the amount they've invested.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: MsCollec on March 01, 2014, 10:50:52 PM
Any updates??  Escrow services  ???
We just got the Mac Wallet online and it's available for download. The Linux wallet should be finished by tonight or tomorrow but definitely before the end of the IPO.

Escrow would have been great to use from the beginning but at this point we've decided against it. An investor brought up his concerns about us changing the terms of the IPO by switching to escrow and we decided to do what was best for our current investors.

The main problem the IPO is having is that people have spammed the thread calling us a scam and that people have given us negative trust for no reason other than to prevent people from being involved in this. Escrow won't undue the damage that these people have already done. Switching to escrow might make a few people decide to be a part of this who otherwise wouldn't have been but it will definitely tarnish our reputation with our current investors. We can't do that to our current investors in hopes of bringing in future investors.

Total Btc invested 0.11 and you don't wanna use escrow because its unfair to those that contributed 0.11 BTC. Is there something missing here, escrow will let more people invest which will boost the quick adoption of your coin. I guess those 3 people that contributed 0.11 BTC can buy and spend it among themselves.

Last question, whats the closing date for IPO


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: lolcoind on March 02, 2014, 03:11:26 AM
http://switch.okaypool.com/
  fee 1% 
Our pools run on Enterprise-grade, fully redundant dedicated servers. Both our website and our high difficulty stratum ports are DDOS-protected.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: prosheng on March 02, 2014, 04:29:19 AM
Added to www.Thecoindesk.com (http://www.Thecoindesk.com) - The new coin calendar


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: SwitchCoin on March 02, 2014, 01:13:59 PM
Any updates??  Escrow services  ???
We just got the Mac Wallet online and it's available for download. The Linux wallet should be finished by tonight or tomorrow but definitely before the end of the IPO.

Escrow would have been great to use from the beginning but at this point we've decided against it. An investor brought up his concerns about us changing the terms of the IPO by switching to escrow and we decided to do what was best for our current investors.

The main problem the IPO is having is that people have spammed the thread calling us a scam and that people have given us negative trust for no reason other than to prevent people from being involved in this. Escrow won't undue the damage that these people have already done. Switching to escrow might make a few people decide to be a part of this who otherwise wouldn't have been but it will definitely tarnish our reputation with our current investors. We can't do that to our current investors in hopes of bringing in future investors.

Total Btc invested 0.11 and you don't wanna use escrow because its unfair to those that contributed 0.11 BTC. Is there something missing here, escrow will let more people invest which will boost the quick adoption of your coin. I guess those 3 people that contributed 0.11 BTC can buy and spend it among themselves.

Last question, whats the closing date for IPO
We don't anticipate that being a problem. Once the Investors Only forum is up and running, everyone involved will come up with quick solutions to any problems that arise. We also have many projects planned for the future of Switch Coin, this IPO is only the beginning.

The closing date is tomorrow at 10:00PM UTC.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: CoinTropolis_JustaBitTime on March 02, 2014, 07:31:41 PM
0 block reward and 0 mining fees... have fun getting your transactions to go through when there are 0 miners because there's 0 reasons to mine it  ::)
I think the investors and developers would keep it going to protect their investment...like nxt and pmc

Wow, please don't compare this to Nxt. :)


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: fengsui on March 03, 2014, 09:30:11 PM
SWITCH中国区挖矿交流总群244547403


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: TommyJ on March 03, 2014, 09:32:18 PM
So if the total amount invested is 100BTC and you invested 1BTC than you will receive 1% of the Total Amount of Switch Coins, which comes to 5,000 Switch Coins.

If 100BTC was sent to you, what happens to the BTCs?

Oh....allow me answer the question above for you.

You keep the BTCs for yourself.

Another IPO scam.

Will it ever stop?

Go away, people on here have wisen up to these scams.
All BTC invested will be used to market, advertise and further develop Switch Coin.
If you're uncomfortable with the premise than please don't invest in Switch Coin but don't call us a Scam.
We haven't scammed anyone nor would we ever tarnish our reputation by doing so.

What reputation exactly is that?  You mean the bct screen name that you just created?  Oh I see..


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: rsx19 on March 03, 2014, 09:34:10 PM
http://switch.okaypool.com/
  fee 1% 
Our pools run on Enterprise-grade, fully redundant dedicated servers. Both our website and our high difficulty stratum ports are DDOS-protected.

i think you need to fix stratum settings...


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: Zombie123 on March 03, 2014, 09:34:39 PM
So if the total amount invested is 100BTC and you invested 1BTC than you will receive 1% of the Total Amount of Switch Coins, which comes to 5,000 Switch Coins.

If 100BTC was sent to you, what happens to the BTCs?

Oh....allow me answer the question above for you.

You keep the BTCs for yourself.

Another IPO scam.

Will it ever stop?

Go away, people on here have wisen up to these scams.
All BTC invested will be used to market, advertise and further develop Switch Coin.
If you're uncomfortable with the premise than please don't invest in Switch Coin but don't call us a Scam.
We haven't scammed anyone nor would we ever tarnish our reputation by doing so.


What reputation exactly is that?  You mean the bct screen name that you just created?  Oh I see..

User escrow of shut the fk up! BEWARE EVERYONE DO NOT FALL FOR THIS


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: enviouk on March 03, 2014, 10:01:39 PM
BOOOO


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: TimC on March 03, 2014, 10:02:27 PM
BOOOO

This is not a coin that you mine it is a coin that you can only buy.

Scrypt
0 Block Reward
0 Mining Fees
180 Second Blocks
12 Hour Re-target
3 Confirmations
500,000 Coins
5% Transaction Fee which is destroyed


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: kinsilent on March 03, 2014, 10:02:49 PM
PASS ?


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: xtrix on March 03, 2014, 10:06:09 PM
No Rewards  ??? ;D ;D

But, I really like to try. Seems fun.
Where is the password for the wallet? And let's open some zero rewarded mines or hopefully a little better :P


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: MsCollec on March 03, 2014, 10:15:52 PM
0.2BTC Not bad for few days of advertising


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: xtrix on March 03, 2014, 10:20:37 PM
0.2BTC Not bad for few days of advertising

And a nice movie of a real wallet ;)


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: qimingliu on March 04, 2014, 12:37:49 AM
what is the pass?


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: rsx19 on March 04, 2014, 12:41:07 AM
what is the pass?

dunno


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: qimingliu on March 04, 2014, 01:47:53 AM

the pass is wrong


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: NJRiot on March 04, 2014, 11:05:16 AM
cmon guys you cant be that dumb .... walk away!
its like they line up to give people there $
jesus!


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: Michael Becker on March 07, 2014, 01:06:52 PM
No updates?

Too bad. I was actually intrigued by seeing how the concept would fare.


Since this seems to have been a scam, I'd like for someone to steal the idea and make it happen, without an IPO of course.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: Michael Becker on March 08, 2014, 01:05:27 AM
No updates?

Too bad. I was actually intrigued by seeing how the concept would fare.


Since this seems to have been a scam, I'd like for someone to steal the idea and make it happen, without an IPO of course.

Pity bumping my own post in hopes someone sees this and the coin launches and/or someone makes a coin with a similar concept.


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: MsCollec on March 14, 2014, 10:57:06 PM
No updates?

Too bad. I was actually intrigued by seeing how the concept would fare.


Since this seems to have been a scam, I'd like for someone to steal the idea and make it happen, without an IPO of course.

Pity bumping my own post in hopes someone sees this and the coin launches and/or someone makes a coin with a similar concept.

Switchcoin copied Insanitycoin ---->https://bitcointalk.org/index.php?topic=471166.0;all


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: c5yal8r on May 11, 2018, 12:56:30 PM
⚒ CRYPTOHASHTANK ⚒

- SwitchMint Block Explorer here:  

- Pool here:  [url=http://cryptohashtank.net/]http://cryptohashtank.net/ (http://cryptohashtank.net/explorer/SWITCH[/url)

Code:
NVIDIA: ccminer.exe -a x11 -o stratum+tcp://cryptohashtank.net:2102 -u <WALLET_ADDRESS> -p c=SWITCH

  
- Discord:  https://discord.gg/Gef2PJq (https://discord.gg/Gef2PJq)


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: babos8383 on May 11, 2018, 01:00:55 PM
Is the coin still alive? It has been more than 4 years, there were coins that did major projects


Title: Re: [ANN][SWITCH]SwitchCoin - RARE - Coin for Investors and Traders
Post by: bonksievebv on September 06, 2018, 04:02:04 AM
Switch Coin brings many opportunities and challenges. Therefore, I hope that you will implement this project