Bitcoin Forum

https://avatars0.githubusercontent.com/u/7027388?s=460


WampumCoin.com under new management:

WampumCoin [WAM] version 1.1

Scrypt Proof of Work

60 Second Block Targets
10 Block Difficulty Retargets
33,356,250,000 Maximum Coins

Coin Distribution Breakdown:

Blocks           1-100,000: 150,000
Blocks  100,001-200,000: 100,000
Blocks  200,001-250,000:  75,000
Blocks  250,001-300,000:  50,000
Blocks  300,001-350,000:  30,000
Blocks  350,001-375,000:  20,000
Blocks  375,001-384,400:  10,000

After Block 384,400 it will make 3500 more Blocks at 3,500 Coins each until 33,356,250,000 is reached

Default RPC PORT 35885
Default P2P PORT 35883

%AppData%\WampumCoin\wampumcoin.conf

Traded at:
https://comkort.com/market/trade/wam_doge (https://comkort.com/market/trade/wam_doge) - WampumCoin/DogeCoin
https://comkort.com/market/trade/wam_ltc (https://comkort.com/market/trade/wam_ltc)    - WampumCoin/Litecoin
https://comkort.com/market/trade/wam_btc (https://comkort.com/market/trade/wam_btc)   - WampumCoin/Bitcoin

http://cryptotc. us/market#WAM (http://cryptotc. us/market#WAM)
https://swaphole.com/#!market/WAM/LTC
 (https://swaphole.com/#!market/WAM/LTC)

Voting:
https://hitbtc.com/vote (https://hitbtc.com/vote)
http://mintpal.com/voting (http://mintpal.com/voting)
http://swisscex.com/voting (http://swisscex.com/voting)

Exchanged at:
(coming soon)

WIN32/Microsoft Windows installer
https://mega.co.nz/#!uZsFxABK!TCbY5qNhkja3uuwpHQwHSjhZ8fuD4UDLTuR1Hgl8vTk (https://mega.co.nz/#!uZsFxABK!TCbY5qNhkja3uuwpHQwHSjhZ8fuD4UDLTuR1Hgl8vTk)

Wampumcoin-1.1-Qt.rar (windows files .rar packed)
https://mega.co.nz/#!KB1GFYLJ!U8koOlO-cSo04DAi9U9CGiXVd797e4l2cibfrZeNtsI (https://mega.co.nz/#!KB1GFYLJ!U8koOlO-cSo04DAi9U9CGiXVd797e4l2cibfrZeNtsI)

Linux and Mac links will be updated soon.

http://mining.wampumcoin.com (http://mining.wampumcoin.com) - WampumCoin.com Direct Mining Pool

http://explorer.wampumcoin.com (http://explorer.wampumcoin.com) - WampumCoin.com Block Chain Explorer
http://faucet.wampumcoin.com (http://faucet.wampumcoin.com) - WampumCoin.com Free Coin Faucet

http://twitter.com/wampumcoin (http://twitter.com/wampumcoin)
https://www.facebook.com/wampumcoin (https://facebook.com/wampumcoin)

Support messages at:
http://wampumcoin.com/support
or
http://mining.wampumcoin.com/index.php?page=contactform

What is this ?
Anything happens with the wampum coins I mined some month ago ?

not a single buy order here: https://comkort.com/market/trade/wam_btc

the coin is worthless unless at least one person wants to buy - you guys should figure out how to make the coin worth something - seriously

I hope you succeed.

This coin is from February 2014.

i am in.

Wish you all good luck!

Well, this is bitcointalk, so I suppose the trades at https://comkort.com/market/trade/wam_doge wouldn't count, though I think that IS a start.

Hey, we just took over. We hope to do less of a crappy job than the previous "developer".

Wampumcoin.com

So here is the post from the old wampumcoin announcement thread.

I'm posting this here at the advise of one of our supporters to let everyone interest know whats been happening:

Bitcoin Corporation is the new owners of WampumCoin.com and other wampumcoin Assets.

What we mean by WampumCoin Assets is that since a cryptocurrency typically is designed to be decentralized,
we really shouldn't speak in terms of there being an owner of the Network, just certain originating Assets that contribute to it's function such Wallet balances, outlets such as informational websites, and Nodes thats facilitate the peer to peer functions. The more of each of these, the stronger the network. In that sense we have acquired these Assets.

Some of you might find it curious that a Company with the word bitcoin in it's name would have and interest in Wampumcoin. Bitcoin Corporation started off as just a Holding Company used to market to a specific type of investor interested in earning returns from bitcoin related holdings. We have never been financial advisers. We have just been interested in marketing good things to interested parties. That said, on one hand Bitcoin
is the original leading cryptocurrency where it all started. On the other hand, Bitcoin Corporation is just a name! One that we already had, so we still use it.

As minor crytocurrency marketers our purpose is to push WampumCoin in to the consciousness of every cryptocurrency user for every useful purpose that a cryptocurrency can be used for. On that note we're developing some campaigns to push WampumCoin.

Also, We made a deal with the previous owner of Wampumcoin.com to purchase a total of 9 social media accounts. 7 were not delivered.

Of the 7, bitcointalk was one. We attempted to secure the account with no success. Here is the text from part of that attempt:

"...he did not pay me a single penny for all that works I have done for lifting wampumcoin in this stage since the very begin!! And he did not even tell me that he was going to sell it, he just took the accounts and passwords, and cut every contacts with me!! So, I had to do something!! now if you need these accounts you have to pay me!! I want my money that's all!!
Thanks"

Also, as part of the deal in writing (list and chat dialog as proof) we made with the previous "owner" of Wampumcoin.com, etc. the list included a total of at least 9 social media accounts included. 7 were not delivered.

Of the 7, the bitcointalk 'wampumcoin' was included. We attempted to secure the account with no success, being cited that the previous owner owed money and the account would not be turned over.

Here is the text from part of that attempt:

"...he did not pay me a single penny for all that works I have done for lifting wampumcoin in this stage since the very begin!! And he did not even tell me that he was going to sell it, he just took the accounts and passwords, and cut every contacts with me!! So, I had to do something!! now if you need these accounts you have to pay me!! I want my money that's all!!
Thanks"

Because we own "wampumcoin.com" and we were lead to believe that the account/s would be transferred to us, we registered a different account for wampumcoin here at bitcointalk and saw no need to waste money.

The account "wampumcoin" is now unrelated to wampumcoin.com and the original distribution at https://github.com/wampumcoin. Please disregard any messages from that account.

Sorry for the brief slug, but we've been busy and thought it was important to let those interested know the state of Wampumcoin.

Oh, and if any one has any ideas to facilitate that, we'd love to hear from you.

Thanks

http://wampumcoin.com

162710785.97209927  This is the sell amount at 1 SAT on comkort.  You need to get people wanting to buy, otherwise it's not worth the electric to mine this coin.

Agreed.

WampumCoin is  a old coin?

At this point, we've gone over all of the material we've obtained from the previous "developer" and we've come to the same determination that some of you had come to:
Interesting ideas, a lot of hype and talk, some promises, few results; nothing special. Another sh*t coin.

So maybe we do something refreshing and admit that. Maybe we do something amazing and throw all of our resources (for all they're worth!) at this and make this one a bit different. Hopefully successful.

Bitcoin Corporation's original object was to provide an advertising and earning System for experienced Bitcoin Users. Bitcoin Corporation has evolved in to a developing, launching, and helping to grow altcoin networks.

Wampumcoin is now part of the Bitcoin Corporation's network of altcoins with access to the following promotional resources:

- Social media advertising including Facebook, Twitter, Instagram, and Pinterest
- Advertising campaigns via Google Adwords
- Fund raising efforts by charitable organizations
- Click Per Action (CPA) Campaigns
- Contests and Games of Skill
- Hedge Funds and High Yield Investment Projects
- Trading & Exchanging

Stay tuned for more as we develop and deploy these resources.


Wampumcoin.com

So anyway, we'll do the best we can with this coin. And we'll post updates here as long as it works, after all, this may be the place for Bitcoin & altcoin related ins and outs (arguably by some), but we don't run this forum and we're really not interested in subjecting ourselves to punishment :).

It might seem so, but I personally don't get in to the chitter-chatter and back and forths, so if some of the overly critical people hammer us too much and we get no support in our defense from our supporters, we'll probably just drop in to the background and actually work on building the coin up in some ways that work for us and the supporters.

Yeah, thats it!

Bradly

Wampumcoin.com

give me  a pool, if  you want me solo?

Wampumcoin.com ... good start  ;D

New domain resolutions:

http://mining.wampumcoin.com - WampumCoin.com Direct Mining Pool
http://explorer.wampumcoin.com - WampumCoin.com Block Chain Explorer
http://faucet.wampumcoin.com - WampumCoin.com Free Coin Faucet

I agree -- and, as I said earlier (over on the WAM Fb Page), if wampumcoin.com provide some technical insight or pointers and details, we could try and find a way for a new pool (or pools, nicely distributed geographically and IP-address-wise for better network stability etc).

As far as USING wampumcoins is concerned, we need to focus on seriously good marketing and establish a user base of people transacting in real-life for real goods (not games, Satoshi-dicey-thingies, nor lotteries etc). Taxis, shared rides, e-books and downloadables, web hosting comes to mind as a first here; bricks and mortar/boutique/Point-of-Sale use, too. (The old "dev" sold us on the idea of Reservation stores -- which is good --, but that may never have been his true intention, as he appraently only played the "half-Indian" card to "better sell" Wampumcoin.

Let's look at the (extremely) bright spots of WAM again, which are:

   - high number of total coins (don't laugh, this IS good -- a lot better than Bitcoin's ridiculously low 21m that will dry out any real and useful market, even if we all go back to the 8th decimal -- which would suck and hamper the coin's acceptance); Wampumcoin is good for liquidity and for BUILDING things (even colored coins and rally cool stuff),
   - blazing-fast transaction time (usually less than 20 secs),
   - only 2 confirmations needed for transactions (good at Point of Sale, now ridiculous waiting for like 10 mins as with Bitcoin -- forget about that),
   - easy to mine (good for Noobs wanting to get into something and having lots of coins right from the start)
   - and much more

So yes, let us throw our resources and a few good ideas together and go for "WAM Ver1.1" -- call me old-fashioned, but this could even be a lot of fun...

  glad to hear some good news  :) ;) :D ;D
     waaaaaaaay too much WAM lying around exchange floors atm

We are looking to set up a Wampumcoin to Fiat Money Exchange.


We have investors lined up who are ready and willing to provide the funding for the exchanges and any licensing requirements, but unfortunately they are not interested in funding the development of the Software.

To speed up the process, we are asking for the Users to direct us to good quality Altcoin/CryptoCurrency Exchange/Trading Software, preferably open source/GNU at a Git Repository or other-wise.

It is needless to say what impact this will have on the activity and value of Wampumcoin.

Thanks

Brad
Wampumcoin.com
http://wampumcoin.com (http://wampumcoin.com)
http://mining.wampumcoin.com (http://mining.wampumcoin.com)
http://explorer.wampumcoin.com (http://explorer.wampumcoin.com)

This is out of my area... but may be helpful.


Mt Gox  is open and can be built on.....
https://github.com/sferik/mtgox


List of Open Source Bitcoin Projects ...including exhanges.. you will be able to see who created what.
https://github.com/jashmenn/bitcoin-reading-list

List of Bitcoin-related software.
https://en.bitcoin.it/wiki/Software


White Label Open Source Cryptocurrency Exchange (PHP)
http://wlox.io
https://github.com/wlox/wlox

Thanks Goattrading.

You've been very helpful.

Can you send a private message with any leads you might have on quality open source escrow projects that might not be in this list?

You might say that you only want to see Wampumcoin flourish, but I think that it's important to give a reward for efforts to grow Wampumcoin, so please include a wampumcoin address and a bounty request.

Also, if anyone has experience with getting or offering bounties I'd be interested in hearing whats typically used to determine an amount to offer as a bounty. Is it something more than an arbitrary amount? Current coin capitalization divided by average market price divided by the price of a ton of gold? ;)

Thanks

Brad
Wampumcoin.com
http://wampumcoin.com
http://mining.wampumcoin.com
http://explorer.wampumcoin.com

Anybody know why I might be having problems getting my wallet to sync?  Have uninstalled and reinstalled, seemed to download entire blockchain but still displays "out of sync".  Have the following addnodes in my config........

addnode=69.85.86.195
addnode=162.243.212.244


With just the first one as given with wallet, no connection is ever made.....adding the second addnode at least got it connected and downloading blockchain.

rpcuser=Yours
rpcpassword=Yours
rpcallowip=127.0.0.1
rpcport=35885
port=35883
gen=0
server=1
addnode=144.76.100.197
addnode=85.14.38.62

WampumCoin.Conf

Try these.

That seemed to kick it in gear for me.......many thanks!

Great, this is a good step towards even better community

I am also a newbie, can I get some coins from dev?

First post, its on Wampum, your adding to the "to be growing community" and you have my currently favorite exchange sharexcoin.com 's coin sharecoin in your sig. Excellent start.  ;)


Being so new... altcoins need all the community support they can get.

http://mining.wampumcoin.com/index.php?page=gettingstarted

mining currently has a very low diff.

Load up while you can. From my brief communications with Wampumcoin.com ... they are looking to the long term adaptation of wampum through creating multi faceted outlets that will encourage returning usage.  

and I see Sharecoin in yours as well  ;D

Probably a silly newb question coming but why would the difficulty raise so quickly?  I went from 1.9 to over 10 in under 10 minutes, earned a bunch of coins the first few minutes then it slowed WAY down!

I don't understand this.....it just keeps climbing and climbing, already over 13?!  Think I am gonna stop mining this one:-(

Yeah, I called it quits on this.......jumped to over 20 in a blink of an eye and earnings needless to say plummeted:-(

I think the difficulty is semi random and changed every few blocks

I'm mining at a very low hashrate and getting good steady results.

On 05/27/2014 for blocks 86304-86323 the screenshot below shows difficulties between 0.0148 and 0.2362:

http://grab.by/xdMA (http://grab.by/xdMA)

and my own personal difficulty for my 3 currently running miners is between 4 and 8:

http://grab.by/xdMA (http://grab.by/xdMA)

btc dr.

For a short time someone with 10,000+ Mh was mining which caused the sharp jump in Diff

Back to low again... If you watch it, you catch the low diff.

10 Block Difficulty Retargets

good to see there are still plans in the works for this coin

Scrypt again？！

t'is just a non-hostile take-over...



http://wampumcoin.com
http://mining.wampumcoin.com
http://explorer.wampumcoin.com
http://faucet.wampumcoin.com

http://github.com/wampumcoin

http://twitter.com/wampumcoin
http://facebook.com/wampumcoin

Looking for volunteers, staff, contractors, and partners.
Generous WampumCoin compensation.

Inquire at:
http://wampumcoin.com/wp-login.php or
http://mining.wampumcoin.com  and leave a support message.
Include "Attn: Human Resources" in the subject title.

You did not answer my question ?

You said:

"What is this ?
Anything happens with the wampum coins I mined some month ago ?"

Honestly I don't think brad thought the question was specifically directed to him. I know I certainly didn't. And I don't know if I understand it completely. This was a re-post of the launch announcement. And I don't know what happened to the coins you mined some months ago. I would think they would be where ever you left them, unless someone moved them without your knowledge of authorization. ? That's hard to tell since you left no sort of definitive information for researching and helping with this.

Also understand that we only use this bitcointalk post/forum for announcements and periodically come here to check on things, not specifically for user support.

Signup at
http://wampumcoin.com/wp-login.php or
http://mining.wampumcoin.com  and leave a support message for help.


Thanks

Peter
http://wampumcoin.com

Fixed:
http://faucet.wampumcoin.com/block_crawler.php?transaction=(sample transaction)

to:
http://explorer.wampumcoin.com/block_crawler.php?transaction=(sample transaction)


http://wampumcoin.com
http://mining.wampumcoin.com
http://explorer.wampumcoin.com
http://faucet.wampumcoin.com

http://github.com/wampumcoin

http://twitter.com/wampumcoin
http://facebook.com/wampumcoin

Looking for volunteers, staff, contractors, and partners.
Generous WampumCoin compensation.

Inquire at:
http://wampumcoin.com/wp-login.php or
http://mining.wampumcoin.com  and leave a support message.
Include "Attn: Human Resources" in the subject title.

25% fee on mining pool?  >:( You lost me as a supporter. Have you ever heard of the Laffer curve? Look it up.

Wow .. well thats new.

FYI, I spoke with the devs and the 25% pool fee was a temporary measure they had in place for about a day; I've been mining since and the fee was reduced to a reasonable and standard 2% fee. 

Difficulty is still extremely low, but I can't say how long that will last.  There isn't much activity here posting about the coin, but fair warning, there are things happening behind the scenes which will be posted publicly in time. 

I have mined a pretty substantial amount of Wampum and I have plans to do something with what I have to help advance the coin, including a giveaway on Twitter and on my own 25,000+ subscriber email newsletter. 

The plans go way beyond a simple giveaway, but I can't say more at this time.

But check out this video I just posted to my site about why I personally really like Wampum as a cryptocurrency -- there are actually a bunch of comparisons between traditional Wampum belts and crypto/the blockchain that go beyond the basic similarity of crypto to shell money...

http://www.worthgodwin.com/basic-computer-training/2014/06/video-parallels-traditional-wampum-bitcoin/

Also, if you're a trader and not a miner, somebody (not me) dumped a TON of Wampum on Comkort for 1 & 2 satoshi - now would be the time to grab some before news starts getting out and the price goes up... 

https://comkort.com/market/trade/wam_btc

Worth

 Thanks for the update.

 Its likely the orig dev, first to mine, recent miners or current miners is/are trying to dump coins. 

When everything is ready to be made public Iam also all for doing a few giveaways as well... but dont have your pull  ;)

One more item which is very interesting... EDUcoin has recently decided to revamp the total number of coins and is potentially doing the very first altcoin RS (reverse split) to limit the total coins and lower the total number the "whales" are holding to dump. This will also allow for potentially higher opening price.

https://bitcointalk.org/index.php?topic=486600.msg7176139#msg7176139

what do you think the potential value of this coin could be? This is a general question. I'd appreciate any answer in terms of exchange value or what this coin could be used for in exchange for a certain good or service. Curious because I mined a couple million way back when and I know there is some work being done on the coin now.

Seriously,
Things are moving so fast that I want to use a four letter word about the decision we have to make on directing far more attention to WampumCoin, away from other projects.

In light of early arguments in connection with the potential and purpose of the coin, we think WampumCoin deserves the attention, if we're going to pursue the original use of the word whole-heartedly, you know what I mean?

For some people things might be moving slow, but it's all relative I think. I want things I'm interested in to move quickly. We need some time to work on things we need time to work (think?) on though.

Uugh!

I'm still waiting on the project management/collaboration system to be set up so that project and tasks can be listed and assigned, etc. etc. etc.

Speaking of which, I like this from educoin. Anyone interested in heading up putting something together like this for wampumcoin? :
-------
ANNOUNCEMENT:  Call for Developers

Build Team
• Coin development wizards
• Math/Crypto/security experts
• Skilled compilers for Win / Mac / Unix

Mobile
• iOS Dev squad
• Android Dev squad

Web
• Wallet developer
• Tipbot developer
• Crowdfunding site developer (Educoin.tips similar to Dogeraiser.com)

Outreach
• Reddit moderator(s)
• Hackathons representative (currently Edumoto)
• Educator representative (currently Edumoto)
-------

What else?

Peter

does this coin die or there is not  any news about it

I too am very glad to see this coin has new and MUCH better support and dev team!!  I thought this coin had some potential when it was released, even though it got hammered a bit from the community.  I felt then as I do now, that was the result of a poor dev team.......no offense to them at all, it was just obvious early on that they were not going to take this coin where it deserved to go.

I mined this as well when it first launched simply because I like the name and reasoning behind choosing it.  I still have not sold a single one and also mined a decent number of them.  I would also be willing to donate along the way to help the coins development.  I am very busy running my own business but will def help where and how I can.

Dev.......feel free to contact me if Wampum donations are needed for help with marketing, faucets or whatever you might need them for!  If it's for the good of the coin and the community, I would love to help:-)

Thats a weird statement to make here...
Almost all of these messages pretty much show that the coin is not dead and still has a community of some sort of size.

It's being actively mined at http://mining.wampumcoin.com and traded at a few places, even though the most trading activity is at https://comkort.com/market/trade/wam_doge, it gets good activity when people with large amounts don't stack/dump. We did ask folks to post in smaller, varying amounts to give others a chance to have some action, but "self-ish" does not a community make. And I personally like being able to buy/sell at the price I want, which you can't do with comkorts "best price" requirement.

Anyway, we're planning to put up our own little exchange and make it so that everyone will see some action, large and small. We'll set up some wampumcoin for Moneypaks, etc. on localbitcoin soon too.

Can't seem to get a response from cryptsy, big vern, support, or anyone over there about getting listed. Perhaps they're still too busy with their legal issues?

Can you guys get over and vote at:
http://mintpal.com/voting - WAM,
WampumCoin BTC voting donation: 17kJ8duWsd9TtTNkuXDR3VxqJ7xKChX5Wv

http://swisscex.com/voting - WAM,
Wampumcoin BTC voting donation: 12CuchWHwE1BzGBzCb8wXDTYQ9ytd8AVdD

Thanks

Pete

I completely understand.
Many things have become great, one building block at a time. Civilization; Mankind!

Thank you for the offer!

Pete

you don't think pete trolled that message knowing someone couldn't help explaining how the mechanics of trading markets/crypto-trading markets work? :) :p

i've talked with him extensively. he knows. he did say "personally". none the less, the current ceiling and floor aren't seeing much action, right?

person a) 1000 for .01 - nah. i dont need em. nothin to do with em
person a) 1000 for .0001 wow, thats so freakin cheap, give em all to me
person a) you got more?
person b) no - neither does anyone else
person c) i'll sell ya a widget for 5000
person b) i have none
person a) i'll sell ya 5000 for .0003 each!
person a) i'll sell ya 10000 for .00025!
person b) i'll take 10000
person b) 5000 for sell at .0003!
person d) i need 5000 for widget!

anyway, i think that he was more talking about the very large amount sitting at .000031. i thinks its the psychology that will make others willing to digest smaller amounts. the wealthy (so to speak) lose touch with the poor.

brad
http://mining.wampumcoin.com

i get it.
thanks.

brad
http://mining.wampumcoin.com/

I think.
We need WAM merchant system.
Also, first application for WAM is online games industry.
For example: Tic tac toe (noughts and crosses), poker and other.
It will stimulate usefull of WAM.

Valid points all around...
Until there is a tangible function in use for wampum the price is arbitrary ... we, you, I could run the doge market up to .5 and sit on huge buys at .49 just to let everyone dump but i have no interest in being the only holder of ridiculous amounts of wampum.

Functionality first, then development of the market. In the interim maintaining any trading volume is important as we do not want to lose the comkort listings.

https://comkort.com/blog/news
"on 27.05.2014
Dear Users,

Unfortunately we have to decrease the number of voting winners from 6 to 3. We made this decision based on our evaluation of new coins quality and sustainability

Besides within two weeks we will list those coins that will be removed from our trading platform. Our goal is quality not quantity and thus we shall filter coin offering based on demand and volume."

I have an good idea.
But I have a problem.
I can't build WAM wallet under Windows. (Qt Creator)
Constantly there are mistakes.
I will try to build WAM wallet under Linux.

That's exactly what I told in -- like forever...

But I can repeat it again: we do NEED actual Wampumcoin usage out there in the real world in order to build a real economy around the coin, resulting in a "velocity of money" for WAM and, thus, real value.

Yes, a merchant system is what's needed, or merchants won't (ever) user or start accepting the coin. WAM is great when it comes to confirmation speed (low block time, only 2 confs needed for transactions which makes WAM ideal for real-world -- as in point-of-sale -- payments both online and off-). I talked about a small, simple PoS terminal, a new pool to spread geographically and increase network stability, even offered developing one but no one seemed interested or take up these offers neither on Fb nor here (look it up in my previous posts).

Merchants, PoS usage of WAM, feeding these by promos and suitable measures is the way to go.

Only making WAM another coin for online gaming is not (at all), 'nuff of that junk out there already!

The old dev promised heaven and then some regarding useful WAM business application, the new devs seem to have plans to slowly follow through on some similar ideas (very good!!), and @worth sounds even more promising here. So far, nothing has happened though. I do know myself that this takes some time but as long as there is no agreement, plan, or other tangible action in place, it may still all come to nothing.

So it would be nice to see that the new devs really come up with some real direction and get their act together.

Yes!
We (WAM community) have to make efforts together with developers in order to popularize WAM.
I think, that addition PoS alg. to PoW alg. will be a great event for WAM!

New thread for Russian
https://bitcointalk.org/index.php?topic=655574.0

scrypt？？good luck!

sorry -- mis-understanding here:

I did not say PoS as in **Proof-of-Stake** as that would require some consensus on overall changes to the Wampumcoin algo -- again, I did **not** mean, nor say, that. (I do like proof-of-stake coins for their lower power consumption though, but I really don't think we could -- nor should -- singlehandedly change the entire WAM system in the near or medium term; there are enough other tasks to be taken on first!)

I talked about PoS terminals (MEANING **Point-of-Sale terminals**, i e **in-shop payment terminals**) making it EASIER FOR MERCHANTS TO ACCEPT AND USE WAMPUMCOIN.

Elsewhere -- I totally agree on what you said in your first line, and I share your enthusiasm for making an effort together with the new devs to make WAM popular and successful!

What do you mean? -- and why...?

it's back to the "normal" 2% level. But then again, even 2% doesn't really inspire any willingness to "donate" on top. I regularly did back in Mar-Apr when the "old pool" charged nothing -- this alone is proof for Laffer to have been correct!

Real-life lessons for all the Newbies to free-markets and Liberty there :))

What would the logistics be like to do an airdrop, or something like that on Indian ran casinos and stores to get interest going in that arena. I do not know if that is feasible or even a good idea.

I personally have a hard time getting my head around how they could use them since they could just make their own crypto to use inside casinos (seems like a good idea that could eliminate coins in machines), but maybe if there was a unified crypto that could be carried from casino to casino, then spent at reservation stores as well it may be a winning proposition for everyone.

Just a thought.

I partially agree.

Now there is a huge number of altercoin...hundreds...thousands
They can exist some days or weeks...and then die.
(I not about such as BTC, LTC)
If there are services that will be both development and cost growth...

Hey worth.....I sent you a PM when you get a minute bud!

You about what?

At Wampumcoin, development growth is **definitely** needed -- coins normally alleviate the cost factor by just paying bounties (in their own coins). With billions of currently rather worthless coins, (and some "billionaire" holders here willing to invest some of that toward future potential) that shouldn't be a problem -- when we have WAM users able to develop and willing to work for WAM: that's where the "community" aspect comes in...

I don't know why on earth the new owners have **bought in** to Wampumcoin in the first place, but they have. Apparently for dollars, not just wampumcoins, so they are faced with the reality of either risking their dollar investment plus tons of hours of work (and losing it entirely) or select the best suggestions here and find some financing for them, if not "payable in WAM".

The new owners frequently tell of "investors lined up" to invest in something -- this must be a very long line (probably of penniless investors) there, I imagine :) -- but, as long as they are not willing to see that the software development (cost) would be part of an exchange and that an **infrastructure** needs to be built **systematically**, this is unlikely to succeed. So they either face it and "line up" :) their investors behind something wholly functional and organize the financing for that or their nice little gamble of taking over a coin on the cheap will prove very expensive to them, after all...

That's exactly what the "old dev" kept telling his purported plans had been. As he also claimed at the time to be (conveniently) half-Indian and, thus, know his way around and planning to spend that notorious pre-mine on "paying reps" for making it happen, this provided some kind of credibility at the time. As that turned out to be outright fraud, we're left with a coin name that might be somewhat awkward for many other uses.

The thing going nicely with what "Wampum" is (and also solving any name problem) would be coloured coins (smart contracts) and all kinds of certifications, registrations and smart property transactions built on top of the Wampumcoin block index. This can be done with ANY coin (and its block index or blockchain) and would be particularly suitable for a coin like WAM with gazillions in coin volume and, hence, sufficient liquidity. Also, it would provide the urgently needed coin velocity and (once again) that thing called "building an economy" for this coin here.

Historically, Wampum happens to have been used for recording contracts and all kinds of (smaller) agreements. To make Wampumcoin useful in a similar way might provide some real purpose and a way forward.

many good points in your post(s)....

It has been suggested by the new wampumcoin.com that they will be setting up a system of communication for those of us that want to help. Once this is in place and we know what the project direction is then maybe we can collaborate on a community/wampumcoin.com effort ... until then if someone has a solid plan to utilize wampum other then gambling/game sites, please post.

RE:
[ANN] WampumCoin [WAM]/WampumCoin Awards and Bounties
https://bitcointalk.org/index.php?topic=661701.msg7457548



http://mining.wampumcoin.com    - WampumCoin.com Direct Mining Pool
http://explorer.wampumcoin.com    - WampumCoin.com Block Chain Explorer
http://faucet.wampumcoin.com    - WampumCoin.com Free Coin Faucet

Support messages at:
http://wampumcoin.com/support - General
http://mining.wampumcoin.com/index.php?page=contactform - Mining

General Donations to: WjH18unNeFZo4mQD8Qtm3AN9Wi68todrk7

He's basically what I like to call a "GPU holder" who is clinging to the use of mining PCs and chasing the current fad of "ASIC resistant" algos, but that's short-term thinking because ASICs are the long-term future for crypto.  You just have to expect comments like this from people.

OK, so I've been slammed with consulting work and haven't been able to get back here to post for a while.  I've got a couple of different things to mention related to Wampum so I'm going to split them into different posts to keep it easier to read through.

First off, as mentioned, I am planning a giveaway and a drawing for the subscribers on my newsletter (over 25,000 people) and on Twitter to help raise awareness of the coin.  

But before I can do that, we need a working Mac wallet app because I have a lot of Mac users on my list.  I know one person who will compile one for us, but he charges .25 BTC and I have limited (non-Wampum) funds at the moment that I'd prefer to put towards getting Wampum onto Prypto scratch cards (Prypto.com (http://Prypto.com)), which is part of my plan.  I'm a Prypto reseller and that lets me add ANY coin to their platform, but I need to shell out BTC to do so.  I'm willing to do so for the good of the coin, but need to come up with more to accomplish it since I have other obligations in my business and personal life.

Anyone who is interested in the future of Wampum can help in a couple of ways.  

1) if you have dumped WAM in ComKort's BTC market, please clear your sell walls at 1, 2, 3, etc. satoshi so we can start getting the price to rise

2) buy some - it is stupid cheap right now

I have moderate sell orders at higher prices. If I can make some BTC from selling off a small percent of what I have, I can raise funds for some of what I'm working on at my end like the Prypto cards and the bigger plans I am not at liberty to discuss specifically at this point.  However, I refuse to dump at stupidly low prices.

I can see from the market history that there have been a couple of small orders and a little activity in the market this month, but we need more activity.  A lot of people only buy if they see other people buying, so someone has to take the lead.

I'm going to come back in a bit and post a couple more comments.

Oh, and if you missed it, check out my video on the parallels between traditional Wampum belts and blockchain technology:

http://www.worthgodwin.com/basic-computer-training/2014/06/video-parallels-traditional-wampum-bitcoin/ (http://www.worthgodwin.com/basic-computer-training/2014/06/video-parallels-traditional-wampum-bitcoin/)

Good stuff so far Worth.....looking forward to hearing more.  By the sounds of it, I am in a very similar boat to you.....have lots of Wampum to help out with, but little in other resources to throw down at the moment.  Perhaps if we could rally 5 interested parties to split that cost for the Mac wallet, I would be one of them.

As I said in my PM to you, am more than happy to donate some Wampum to add to your giveaway as well........more to spread around can't hurt.

#1........wouldn't do that either!
#2........did that some time ago:-)

Bitcoin is too much for me right now, and I know it's not much, but I'm trying to do my part with Doge...

http://i742.photobucket.com/albums/xx70/poolofpix/comkort01.jpg (http://s742.photobucket.com/user/poolofpix/media/comkort01.jpg.html)

http://i742.photobucket.com/albums/xx70/poolofpix/comkort02.jpg (http://s742.photobucket.com/user/poolofpix/media/comkort02.jpg.html)

Btc dr

Goodmorning (my time), I hope that everyone is going well here.

I'd like to ask everyone who can to take a minute to please help me compile a list of products and services they would be readily pay for with wampumcoin.

You know, hosting, soap, advertising, potato chips, anything. All joking aside, I'm looking for a list of at least 10 things you guys would seriously pay for.

Btc dr

If your looking for merchants, just go to any other being used coin and see when there listed. Example for Mintcoin -
8000+ products and free international shipping! https://altoutlet.com/mint
Buy sextoys, over 4000 products! http://www.cryptosextoys.com
Sovereign Numismatics http://www.sovnumisltd.com/alt-currency.html
................

 I would like to see a program similar to
http://www.americanforests.org
http://www.treesforthefuture.org

or

http://www.thinkgeek.com

Can anyone explain why the payout is now 95,000 instead of 100,000 on the mining pool?

The block crawler seems to indicate 100,000 coins, so where are those 5,000 coins going?

Is it possibly the pool fees and or your donation amount?

Nope. 

No.  He is referring to the fact that there isn't a lot of interest in scrypt for new coins in the mining community.  

One of the design elements of Wampum was that it was to be easy to mine, at least at the start.  Scrypt was a decent choice as it can work reasonably well on CPUs as long as the difficulty is low.  It was hoped that we would have many casual users on low-power hardware acting as miners.

Unfortunately, Wampum has yet to appeal to the casual user (there's nothing you can really do with it), and the hard-core miners just aren't interested in the low-power approach.  In fact, the goofball mining rates we're seeing on the mining pool are just killing Wampum, making it too difficult for the casual users to break in.  Why a few people are burning excessive rubber trying to get "MOAR COYNZ!" is beyond me.  They're far from the economical mining sweet spot.  Maybe they're trying to manipulate the block-chain.  Maybe they're trying to "corner" the Wampum market  ::).  Maybe they're just bad at math.  Regardless, they're killing Wampum.  I just mine it because it is (or was) a fun learning experiment.  

We need to get more low-power casual miners in the picture  *OR* switch to an algorithm that the mining community is interested in to revive interest.  The only other alternative is some miracle marketing plan.  (I'm not holding my breath)

Unfortunately this "secret skimming" of 5% of the mining pool is really sucking the Wampum interest right out of me.

Right, and the reason there isn't much interest is because they want to keep mining with C/GPUs instead of ASICs...



While I've been taking a break from mining it regularly, the difficulty is still quite low.  I'll have to take a look at this skimming you're talking about since I hadn't seen it happening or mentioned before today. 

As far as the one miner throwing ~13 MH/s at it, maybe that's just the speed of the ASIC they're using?  While I was never throwing that much at it, I was mining at a pretty high rate for a while there specifically to accumulate enough to implement the plan I have in mind. No way of asking them, so any guesses are pure speculation.

I don't think flailing around changing algos to follow the latest fad is a good idea. Algos designed specifically to "resist" ASICs are either (potentially) not going to implement on an ASIC at all, or they're going to do so in an inefficient manner.  I don't think it's in the long-term interests of the network to try to prevent the use of efficient ASICs.

OK, I've got more to post but only have a few minutes right now.  One thing I wanted to talk about was the coin image.  I'm not a big fan.

I think the image is a little generic and semi-stereotypical (although not offensive or anything, just to be clear).  What I'd really like to see is something that reflects and honors the history of the name Wampum, yet which also ties into the fact that it's modern and digital. 

What I was thinking was something based on a traditional Wampum belt; my thought being the Hiawatha Belt pictured below:

http://www.iroquoismuseum.org/images/WAMPUM%20BELT.jpg

One of the things that I mentioned in the video I've linked to before is that Wampum traditionally used two basic colors of shell to create patterns and meaning in the Wampum belts.  This "binary" reminds me of digital 1s and 0s, and visually the style of art reminds me of very early computer graphics that were often very geometric patterns and were composed of a restricted color palette. 

I'd like to see something that sticks very close to the Hiawatha Belt's image, but has a slightly "digital" look to it -- perhaps block pixels instead of the individual pieces of Wampum shell that make up the traditional belts. 

I've already spoken to someone in the Northeast who knows a Native American artist about seeing if they might be interested in doing something, and I have another possible contact in mind as well, but I'd be happy to see any work and pay a commission in WAM for something nice.

My preference would be a Native American artist, but the important thing is that it respects the history of it and is made with an understanding of the meaning behind the symbols.  The image below shows the meaning of each of the symbols on the Hiawatha Belt, for your reference:

http://syracuseadventures.files.wordpress.com/2013/04/hiawatha-belt-names.gif

I think that is an excellent idea.

I have to agree with worth regarding ASICs and the algo, scrypt is not hot right now, so will be the case with today's popular algos in a few short months.  ASICs are an inevitable part of evolution in this extremely fast paced industry.  Why shouldn't they be, they are WAY more energy efficient.......really crypto has created a MASSIVE amount of what some would call a complete waste of our planets resources.  GPU and CPU mining needs to and will die because of this in my opinion.....mining crypto currencies HAS to get more energy efficient and ASICs are part of that equation unfortunately.

I hate it to looking at in that sense, it is so damn hard to keep up with this technology that it frustrates the hell out of people because their hardware becomes outdated so fast.  Regardless of that fact, they are here and more will continue to follow for newer algos too and you know how the saying goes.......if you can't beat em.  I think you MUST have that mentality to be a miner, if your business plan does not involve constantly updating your equipment to keep up with the technology.....then I think it best to rent rigs based on speculation determined by good research.

Honestly I am only 4 months or so into this so have MUCH to learn myself, but this is the feeling I get in regards to this:-)

No.  It's not really personal preference.  It's the logical outcome of the life-cycle.  In order for a cryptocurrency to be viable, there has to be a sufficient level of difficulty in the generation (at least for POW).  ASICs, which are built for a specific algorithm will eventually cause a de-valuation of the currency as they speed up and make generation virtually effortless.  Then you have to move to a new algorithm and re-design new ASICs for that algorithm, which takes significant cost and effort.


Not to the CPU miner it isn't.  Especially when someone starts throwing 50MH/s at it like they did last week and for a short time last night.

The highly variable pattern doesn't suggest they're using fixed hardware.  I suspect they might be buying leases, but that would be just nutty from a $ cost standpoint.  


Let me put it this grossly over-simplified way.  If the baseline is 1 MH/s, you're likely to get about 50% the coins by adding another 1 MH/s.  If you add 10 MH/s you might get about 90% of the coins, but that extra 40% is costing you 9 MH/s. You're far better off running a 1 MH/s for a couple days, than running 10 MH/s, and it doesn't jack up the difficulty to the point of making it hard for smaller miners.


The new algorithms are not "fads".  They are necessary for long-term success in any cryptography.  Once ASICs get to a specific performance point, then the algorithms they were designed for are no longer useful for the purpose.

The whole basis of cryptography is based on the computations to be difficult enough as to be impractical to use for unauthorized decrypting.  ASIC implementation is the end-stage of a crypto-algorithm's useful life span.

hhhmm, you obviously know much more of what you are talking about here than I do!  I did say I was a novice and had much to learn lol.  What you said above though makes much sense!

Is the problem that the kng gravity well, or whatever it's called, resolves?  Can a resolution to the difficulty be applied without changing the algo entirely?

Well, you gave me much to think about anyhow......thanks!

But difficulty of computation is the whole basis of cryptography.  When you make crypto easy and energy efficient, the whole concept fails.

Here's the rub.  If you invest a whole lot in ASIC for cryto-currency, then a few months later a new ASIC comes out a magnitude of performance better, you're hosed.  ASICs, by their very definition can't be re-purposed.  That development money and production cost is just gone.  You shouldn't even invest in ASIC unless you're absolutely sure you're going to be able to recoup your investment before the next ASIC round or algorithm is implemented.

ASICs are nothing new.  I first used them 30 years ago in college.  They're the end-stage of the natural evolution of mass-produced circuits.  Generally companies don't invest in them until they are sure their circuitry is sufficiently mature so that their ROI is assured.

I guess you just answered my above questions before I posted them.  Thanks for explanations, complete opposite than my thinking but makes great sense!

I've never studied that one in particular, but the goal of the difficulty change is to try to regulate how fast coins are produced by mining, not necessarily to protect the security of the algorithm itself from being implemented in an ASIC.

[Insert EXPLETIVE here]! (corrected)

Hi gang, I was just in the middle of working on wampumcoin.com and I take a break to answer support messages that were lingering until monday and I discover ONE message about this 5,000 of 100,000 missing issue. I came here and I see it being discussed. Guys, we've said before, the best thing to do is contact us at wampumcoin.com - Strange thing is we've had some users say "don't use third party sites"... yet here we are picking up concerns on bitcointalk (and facebook?). Bitcointalk, facebook, twitter, etc. is only backup for us. I know I know... like I said, I'm working on wampumcoin.com. As a matter of fact, the cosmetics would be done if I weren't so busy with setting up the collaboration/project management system. I'm an administrator, not a techie. On that note...

I'll personally over see what the hell is going on with.

Wampumcoin.com, and Bitcoin Corporation does not actually mine yet, and they have left that up to me while they gear up, but they do want to do something like cex.io with a combination mining farm/exchange. Though it will soon change, for now I'm the only one of the 4 staff  mining a small amount. I'm happy to say that miner 'iplabs' has informed us of their plans to contribute equipment and hashing to wampumcoin.com. NICE. We love the help. Thank you!

Speaking of help, I see a few people sh*t talking. Have fun. It's only been what, a month since Bitcoin Corporation got involved? They're in the business of marketing altcoins but they're new to it and dealing with a learning curve. Word is they actually want to build a network of supporting coins and services. It's beyond my expertise. They set it up, show me the ropes and I do what I'm paid to do. My thing is wampumcoin right now. In other words, I'm trying to squeeze money and other resources out of them to grow wampumcoin. People criticize wampumcoin's current value, some of them not knowing the expenses behind the scene, of course. I remember hearing that bitcoin was worthless. Out of of "then air". Now governments are making laws. But I won't try to lecture.

[/soapbox stance] :)

Let me get back at you guys.

Brad
http://mining.wampumcoin.com

That's a really, really poor choice of words given the current situation.   :o

Definition of EXPLOITATIVE

:  exploiting or tending to exploit; especially :  unfairly or cynically using another person or group for profit or advantage <exploitative terms of employment> <an exploitative film>

frankly, I don't understand the tone and voice of this either.

First off, it's a little over TWO months that "Bitcoin Corporation" got involved (not "one").

Then, you guys are "in the business of marketing altcoins" (did not know that there is such a business), but despite "being in that business" you, at the same time, strangely admit that you are "new to it", as in **want to be in the business of marketing Alt coins**, not really in it!

That isn't too hard to see anyway, and that's exactly why myself and a number of other guys here have repeatedly offered hands-on help (from populating that empty Wordpress template of yours to improving the texts, writing new ones, adding to the materials). Now, there isn't even a Mac wallet and the Linux wallet out there anymore. (I suppose, they have also been stolen by the old dev who picked the pros of the big corporation so clean...?) The links were there when you guys took over, please see to it that Wampumcoin has a complete set of Wallets available -- doesn't look too good without it! (Not to mention the paper wallet issue, i e lack of the same.)

None of these suggestions, ideas, offers, contributions have been taken up by Bitcoin Corporation though.

If you are so new, then let us help you -- we're a lot more experienced, I guess. We are a community where more than four people do, indeed, care and constantly come up with good ideas. But you ignore them. Still, you accuse people of "Sh*t talking" and are whining about others not adhering to your hoped-for censoring away of unwanted criticism. If you're so gaga about controlling what's said and done regarding Wampumcoin, then why not finally set up that "community message board" or DO any of the other useful things...?

Not really inspiring much confidence, particularly in light of your actual performance. You should, at the very least, be more responsive and not add to it by that inappropriate tone.

  
+1
honestly, it is looking as if they acquired wampum in order that it not become something. i do hope i'm dead wrong

yeah, the attitude kinda just shines through, don't it

sh"talk? = words without substance

[hand in face]

Oh God, I hope that's not Freudian... wow.

Oh man, I meant "EXPLETIVE" as in "oh sh*t" in terms of figuring out whats going on with the 95000 instead of 100000. I'm so sorry.

I wanted to correct it so much that I didn't even read your other message yet. I just had to type this first...

Sorry about that. A bit over-worked I guess and stressed I guess...

Shoot, even wampumcoin.com was taken down for "routine maintenance" for 3 hours (1am to 3am central) by the datacenter with only a 3 day notice. Our sites are getting a blank screen (not the mining pool) causing some delays.

Brad
http://mining.Wampumcoin.com

Ok,

Ok, Bitcoin Corporation's transaction was completed May 15,2014.
Goodness, I stand corrected - FORTY SEVEN DAYS.

We asked you guys to contact us via our sites. Only a couple have. I make an effort to get here and I get insulted, and our efforts are criticized and questioned.

No matter what I type my context is going to be inadequate for some of you. I'm only one person trying to explain things as I know it, based on my own job and what I'm told. I only go out in to the world to do something constructive. Tell you guys what. I'm having a hard time with people saying "I don't know if I believe these guys", or "think I'm going to bail". Myself, I'm either in or out (decided or undecided) with things. So, I'm in with Wampumcoin, via Bitcoin Corporation, and I'm letting my people know that I'm personally done here.

Bitcointalk is your your forum, your world, and I think my efforts are best served somewhere else. If you care about the coin, fine. If you don't, then that's going to have to be fine too. This forum is not ours and it's not mandated for us to interact, but we bothered because we thought it would be beneficial. It hasn't been. We should be doing like every serious business does. Get our house in order, advertise where productive, and run our own forums, services, and businesses for those interested.

So far only Worth and Iplabs have offered or done ANYTHING viable and helpful. Everyone else has been just talking, usually critically negative, not constructive. We can look in the mirror and do that. Hard as it might be to believe, we endeavored to do it more without anyone prompting.

If bitcoin corporation, me, or whoever else is lays dead in the water with wampumcoin a year from now. congratulations. You were right. If we're still eeking forward with this a year from now well woopty-doo...  Good for us, right?

You guys take care.

Iplabs, Worth, Goattrading, you guys have been great and your specific offers are making their rounds and I know a couple that are being seriously looked at. A lot of it is about logistics, management, money, and the law I'm told. Just staying on the right side of those things is a bit of an effort, let alone managing people.

nincehelser, I just report what I know or what I'm told. I believe you all deserve better than me to deal with your concerns. I really do believe you basically have the good of the coin, and perhaps even the entire altcoin community in mind and I hope to see you.

Brad

Brad

No Stress. Your part of a Corporation. Acting as COO in regards to Wampum. Treating the dissemination of information as such will be to your benefit.

Micro managing public expectations is for PR or IR to handle. In the case of a Corp. Completed tasks or milestones is/are the only information that PR or IR releases. (if your PR & IR keep that in mind)

Just Keep the completed information updated here, FB, Twitter, Website, Bitcoincorp blog ...... let everyone figure it out.


Check out Nutcoin as an example of having an vague long term outline, only posting completed info and letting everyone figure it out.
https://bitcointalk.org/index.php?topic=397938.0

No Dev communication in months - But they have a long term outline in Very vague "seasons" posted on the Op page
Dev only posts when new season starts - dosnt explain it

4 mining pools - periodically up to 100MH (20-50 ave) - Also a scrypt coin

Tons of holders - people just waiting for the next season

Community donated over 50mill Nutcoins (might be 80 now) to be used for bounties when they find out what they need (held by community)

trading at 40 x 41 Nut/LTC
38.7802 LTC 24 hour volume
 https://www.allcoin.com/trade/NUT_LTC


I like AllCoin.com its a small clean exchange. It does need more liquidity, but it does have comkot beat and I have asked that it be added to the voting. Needs more requests to have it added.
https://www.allcoin.com/vote


If you need help with various aspects PM us.

How about turning this into a Google Doc that can be updated and checked off as its completed. Posted on another board causes this information to be lost.
https://bitcointalk.org/index.php?topic=661701.0

And/Or start a project.

How about a coin facelift. @worth came up with a nice concept.

Iam not a graphic designer but I will add 10mill Wampum to bounty the winner of a new concept & Promote the contest.

Let me know. I will be heading out for the rest of the week tomorrow.

Happy Canada Day and coming Independence Day  8)

Wow, just wow.

I thought the old dev's f***ed up wampum coin, this management 'team' is taking it to a whole new level...

This forum is one of the cores of crypto currency, not your own forum, blog, or facebook or twitter.  If you can't be bothered to come here and take a little heat, and proof-read your posts, then you don't deserve to have the community confidence in your coin.

+1

very well put.

From this, and all their other "achievements" as the marketing pros they are, it is quite obvious that they may see Crypto coins as a "coupon" or "voucher system" but fail to get the nature of their own Wampumcoin. So good luck with that...

+2

They never did answer my question about the missing 5%.  It's still missing.  I guess they didn't expect anyone to notice.

It looks like most folks have caught on, though, and left the pool to mine elsewhere or solo.

According to my calculations, mining should be long over before the end of this year.  What then?  With no miners and no incentive to mine, what's going to support the integrity of the block chain?  One guy and a couple of GPUs?   ::)

I gave up mining this coin ages ago.  It isn't worth anything and has been sitting on the exchange for months with no one buying.

That was most likely the smartest move to make.

I see no future in this coin, but it's fun to sit on top of huge pile of play-money!

Except when the electric bill comes due!!!

True, but I've placed my rig where I would need an electric heater anyway, so it all sort of works itself out.

Brad...
;)

The 5000 coin deduction was me. Even Brad did not know. Know for certain that some of your have no concern for the coin outside of profitable off it's fluctuation. You pretend you're done with it, but we have the ability to read the over-all network hashrate so I know that my effort to get rid of the rapists from our pool worked. So, with house cleaning, we'll start over.

I'm only interested in people who are going to do something beyond waiting for us to do everything. No matter what you say about "development", you won't get around that.

There's more than one cellular phone provider, ISP, fabric softener, and bitcointalk is not the end all or be all.

Personally, I would not have made the choice brad made about bitcointalk, but I know he would not have done the 5000 scrap either. But what does it matter if people say a 100,000+ of worthless coin was being put out before we even got here?

For the effort and money I'm throwing at this thing, I was to see EXACTLY who I'm serving, and I want certain people on the outside. PERIOD.

There are lots of SHIT coins as they call them. So I'll see if I can take the prize for being the shittiest worth something, in spite...

I feel like I should have an evil grin.

Lighten up folks.

:)

Peter

And nincehelser, etc.

Please stop.

No one EVER claimed to be marketing "Experts", "Pros", "Elite", or "Gods". If that's your wish, will you kindly stop projecting it on us. I'm just a regular guy with a new business and a set of skills, sufficient or not. You know, like a good lawyer or a bad mechanic?

Peter

By the way, I'll be buying an increasing amount of wampumcoin before putting up the exchange, which we expect to average 100,000 euros a month. So, in all our of our "deadness", we'll favor the 'loyalists'. In any case, keep an eye on wampumcoin.com and several other sites over the next 90 days and maybe we'll all be able to re-evaluate our efforts a bit more favorably. ;)

If you're going to mention my name in particular, you had better have a direct quote.

Otherwise, keep my name out of it.

What will you offer for my 17514970.05988023 WAM?

And why did you start taking 5000 coins off of every block without telling anyone?  Don't you understand that is not ethical?

Your little ploy of theft didn't work.  Your deceit was noticed.  You didn't save the pool from "rapists".  You destroyed its credibility.

Now how about refunding everyone you stole from the past few weeks?  I won't hold my breath.

Didn't mean to make it seem as though I was singling you out, nincehelser, it's just that I've seen your name so frequently that it was the 1st one I thought of, seriously. But to avoid my having to go back to school, or resume my ninjustsu, or increase my bench press, forgive me this one last time for typing your name if I can't find a quote from you, because the last thing I need is to get my ass handed to me one way or another...

I suppose it wouldn't help to ask for some light heartedness again.

Well, off to look for that quote or... play with a gun or some other dangerous thing ;)

Peter

Maybe that's because I want to talk about some of the real technical issues with this coin

But then I guess I'm just a "rapist" miner who's supported this coin from nearly day-one without selling is all.  I'm not deserving of answers.   ::)

"Everyone" I thought no one was mining. Exactly who was mining is easy to find out, and giving far more that 5000 per block is just as easy.

Credibility? So it had some? So the coin wasn't completely worthless?

What, should I say that the bounties that were posted were directly tied to this but I just got back from vacation and realized that it had been erroneously been left out? Would it matter?

By your tone I won't bother to explain because you have not been very credulous about anything from the start.

I've noticed that no matter how the different personalities attempt to explain, things were either taken out of context or simply was not liked. Hell, you sounded like you aimed to beat my ass for getting your named twisted in one of my previous messages, but I thought maybe you didn't really mean any harm, so I thought levity would be ok. I was probably wrong from your point of view, I'm sure it will be ok.


Peter

You didn't deserve that, and I feel sorry for clumping you and anyone else who didn't deserve it into such a heap. Will you accept my apology?

I'll do my best to answer all of your questions, but can I do that on our own forthcoming forum or at our support site? I understand that the way the bitcoin/cryptocurrency community has evolved it is accustomed to a central location like bitcointalk. And while our lawyer has not advised against us doing so, they did pose some interesting things for us to think about as a result.

Peter

And speaking of failing to mention, I failed to mention that the reward is now fixed. Back at 100,000.

As for returning the short, is that something you've calculated or do you need for me to do that for you?

Peter

please standby

peter

Yes, it should be very easy for you to find out who was mining and what theri percentage for each round was and make appropriate restitution.


The coin still has some credibility, however, your pool has a lot less now due to your management and theft.



Not at this point, no.  Too little.  Too late.


It's been clear from your tone and actions that you wouldn't explain.  You've outed yourself untrustworthy.  Good luck getting that back.

Is English not your native language?  Of course I "have not been very credulous".  I am not gullible.  I am not naive.  I am not credulous.  I suggest Bitcoin Corp invest in a good dictionary and use it.


I've seen how your company posts private conversations and uses the names of others inappropriately.  I do not want my name used in a similar manner.

Like I said, it's in you database in the round data.  I'll give you the benefit of the doubt that you can query and manage your own database.

On that and that point only.  As for the rest of the issues, your actions will speak louder than words.

And that's all I asked of you.

As it was mentioned before, we didn't want to use bitcointalk. We welcomed, and even asked for questions to be sent directly to wampumcoin.com

I see, a person who holds everyone to explain why they're not perfect. Should I assume that you include yourself? Yes, I'm a majority shareholder of bitcoin corporation, who owns the pool.
I handle the paperwork for the corporation, but I don't run the pool. Brad does, but at the end of the day, it's on me. The coins were not stolen.

"a readiness to believe things". Credulous. So I said YOU WERE NOT, but you're all over me about a dictionary. You can dish it out, that's for sure.

The coin assets were sold to BC and contrary to this story being true and that reason being not, I've learned the hard way some things that need to be done. I most certainly had a window where I could have killed the original fork completely when I saw the problems, but I wanted and pretty much still do, want to give it my best and if goes down, it'll be with a fight on my end.

As for name dropping, I didn't object to my people dropping them, because they're based on 100% absolute truth and for the crap us four little guys :) were dealing with I was like "tell it". But, as you can see a little, I have no problem with saying "I was wrong", or "I apologize, let me make it right" if I'm convinced I should.

I don't think that a lot of long term businesses like to spend a lot of time logging in to a 3rd party system to defend itself or do damage control and when they can't make it, it's held against them. I've seen it happen to some sites here who had to subsequently get away and went on to be successful and spend their time bring productive in other areas. And I think that's what happening here. Perhaps I'm wrong.

Peter

I know I am not.  Again, I have to question your understanding of the English language.  Do you not understand connotations? Maybe that's the reason people have problems with understanding you?  

The problem is that you've proven yourself to be untrustworthy by taking 5% of every block reward without telling anybody.  That's not a fault on my part.  It's a fault on yours.  Normally I'm willing to give people the benefit of the doubt that they are trustworthy, but you've proven yourself otherwise.



It's more than just name dropping.  It includes the wholesale cutting and pasting of private conversations that's questionable.


You wouldn't be having to do damage control if you treated people ethically and didn't steal from them.

If the coins weren't "stolen", then you should have no problem with returning them.

  some good points are raised, but could we please end this flaming fud and seek a direction that would benefit ppl

thank you  >:(

  i want to see everyone with a big pocketfull of WAM. i think it has a great potential as a convenient spending currency, wish there were more than a dozen or so mining it ....  :-\

Trouble understanding me? No one told me. I've actually felt pretty much understood by family, friends, teachers and colleagues my whole life. Every now and then I... ha! Never mind. The internet.

I wasn't implying anything. I'm quite literal on the net when I'm not joking, so I said exactly what I meant.

And, sir/maam, little do you know, in the knownn cases of cut and paste conversation dropping, the other party said "go ahead. I don't give a shit! Don't give a crap about what you or people on the internet think", so they posted it, and you know what, the other party stopped their nonsense. So maybe they did care?

So I'll end this by saying again, please, the coins were not stolen, and it's not a maybe. You'll get your coins and then some.

Peter

Agreed.  We need more miners.  Small miners would be best as it was the original intent.

Like I said earlier, I don't understand how the block-chain integrity can be maintained otherwise, especially when mining runs dry later this year.

Agreed.

Peter

We'll be waiting.

Hi madmartyk

We're out of bitcoin. Should have more by Thursday.

We can do the 17514970 for
bitcoin (request quote)
litecoin (request quote)
dogecoin at comkort's current at the time of submission plus 0.1 fee.

Submit request to wampumcoin.com/support (excuse our mess) while we work on getting the exchange operational.

Thanks

Peter

Hey peter, if it matters, the gang over here doesn't feel like it was some sort of stealing. After all, the pool's blocks have always been there for public viewing without the need to log in. Don't know about anyone else, but I saw it immediately, right after the reward split. I do see that it's 100,000 now. Don't worry about returning anything. Whatever helps. I'm still working on those scripts for wampumcoin and you guys other ones.

Btc dr.

Hello Nincehelser:

Your last block share with us was in block 137745 for 144 shares or 5.99% of that round.

Blocks 100000 to 139800 = 39800 blocks
5000 missing coins x 39800 blocks = 199000000 coins
No one mined all 39800 blocks, but lets say you did.

An even split to be sent to everyone who mined for the period of missing coins would get you over 4.3 million coins.

I've sent you 4,325,000 coins to your address with the pool.

If any one else has any questions, please contact us at http://wampumcoin.com/support

Kind regards,

Peter

Thanks dr. You've always been great.

Look forward to talking to you soon.

Peter

You need to do the math properly.  I know in the last couple weeks that you've been skimming coins that there weren't anywhere near 46 active miners (199/4.3).

You also need to look at the percentage distribution for each round.

There usually were only ONE TO THREE miners involved.  Not 46.

All you need to do is step through the rounds results.  It will tell you who mined and their percentage distribution for that round. 

There's no reason you can't audit the data and properly compensate the individuals involved.

And you need to stop being so argumentative and hard to please. I know the numbers exactly.

I didn't not say there were 46 miners during that period. I said "No one mined all 39800 blocks, but lets say you did", "An even split to be sent to everyone who mined for the period of missing coins would get you over 4.3 million coins."

That means we're sending every account this amount to settle things. I told you I would send the coins and then some. And I'm asking you one more time to stop accusing me of skimming, cheating, or stealing because that is not what happened.

Peter

If you know the numbers exactly, then you can distribute the coins exactly.

Please explain to me how your taking coins off the top of each block without telling anybody, and then not doing anything about it until confronted about it isn't theft.

Man
can you please contact them at their support like they keep asking you to or let it go here?
they explained to me that there was a hospitalization and he was simply unable to get someone in there to resume, thats why nobody answered. i understand if he didn't want to say "i'm ill".

btc dr.

What for?  Their site is suspended again, anyway.

People have the right to discuss and question things in the open.   Some issues just have to be brought out into the open.

Wampumcoin.com management has had no problem posting private transcripts to facebook trying to "shame" their suppliers and the previous dev of Wampumcoin, so  I don't understand why they expect any special right not to be questioned openly on their behavior.

If the guy is ill, I hope he feels better soon, but it doesn't excuse the pattern of behavior we've been seeing.

im on both the site and the mine now?

but i hear you. thats why i asked him if he'd mind my mentioning his situation. he said it's personal. i asked if the chat logs were and he said brad said the other party said go right ahead.

what a drama

btc dr.

I'm talking about their main site, not the mining site, where you're "officially" supposed to communicate with them.

What?

Really?

So a guy goes into the hospital, and somehow the database suddenly starts siphoning 5,000 coins per block on its own?

Really?  Do you really think the sympathy card can trump people getting scammed?

I really thought Wampum had promise, but the 1st team, and the alleged second team (somehow I don't think there is really a second team) have brought the credibility of this coin right into the shit-coin / scam-coin region.

In case you forget, I've been following this coin for a while, and I call it like I see it..  https://bitcointalk.org/index.php?topic=538198.msg6025108#msg6025108

And before that..  https://bitcointalk.org/index.php?topic=462991.msg5727669#msg5727669

And I think I've been pretty fair in my assessments so far.

wampumcoin.com and wampumcoin.com/support works fine for maybe they're redirecting your ip? (kidding!)

btc dr.

whats up damm315er

he did admit a few messages back that he made the change. i personally think this stuff is going to kill him and thats his stupidity, but he believes in its original idea and maybe thats stupid too considering everything.

btw why do u think its the same team? as ninchelser mentioned brad posted chat logs with their buyers argument over the sale.

btc dr.

It's working now.  Yeah, I considered they might be blocking me, but I tried it from another location with the same result.  It's happened to me a few times since the "managment" change.

Whatever it is, it looks like their web provider "suspends" the site occasionally.  I won't speculate why.   ;)

Past experience with internet scammers with big hype and no follow through.  The biggest tell is Inconsistency, incompetence and ignorance.  Often one would appear to go away, only to actually have already reappeared with a new name and a new scam...  Chat logs can be faked..

Listen, I don't like to go accusing if I'm wrong, so I'll withhold further comment along that vein until something else brings it back.

I thought Brad (or was it Bradly? who changes the name they use from post to post if they're net saavy?) was the coo and ran the back end and database stuff, not Peter the pr guy whoever is posting now?  (do you switch back and forth between btc dr. and bitcoin doctor at the end of your posts?)

https://bitcointalk.org/index.php?topic=612597.msg6779466#msg6779466 - Bradly
https://bitcointalk.org/index.php?topic=612597.msg6918579#msg6918579 - Brad

Who went to the hospital?  How are they doing?

And Peter, if it was you, why, when you're trying to rebuild a coin, would you give yourself a black-eye by siphoning coins off without making a proper announcement.  What the f**k were you thinking?  The only thing I can think, is you hoped noone would notice 3.3% getting siphoned off.  I'm sure most others that know about it, think the same way?

What is your explanation Peter?  Lets peel it back to that, since that's the core of the issue.  What is your explanation for why you redirected 3.3% of the coins being mined to your own wallet?

i told myself i was going to let it go but 5000 is 5% of 100000 which is worse than 3.3%. ok im letting it go. they did say they'd pay it back and did a lousy job of hiding it if they were trying too since it was right there in plain view. so if the guy was off meds and fell the hell out and left the site design and config incomplete or someone in charge. well i guess it can happen. but i hear ya. i dont  know i just think its an aweful lot of trouble to go through if its a scam thats going no where. i mean whats the point? i did get a reply about the site being suspended got a reply from a christine saying that they're hosted with a reseller and the reseller hasn't answered them on what happened.

brad, b-rad lol isn't brad short for bradly? :) i don't know ive signed my messages bitcoindr, btc dr. and doctor of bitcoin depending on how fast i was typing and my frame of mind i suppose. im not bitcoin expert so i might have to say it really means bitcoin drive! lol

btc dr.

Yeah, the initial blocks are 150k, so I went by that and 5k is 3.3% of that.  I haven't checked to see what block it is on currently since I'm not mining it.

You know why I'm not mining it?  I have no confidence in it, as the devs are repeatedly shooting themselves in the foot!!

So, do you want a guy that is off his meds handling your bank account?  That's what a dev off his meds is doing if he's running wampum.  You invest in those coin, either in electric and hardware, or buying the coin.  That investment is being handled by someone off their meds, if you like that excuse.. 

I don't.

I must say I saw this 5000 thing differently than most. It was in plain sight so not stealing since we could mine solo or not at all so our choice. Since the pool is being run by the developers I assumed that they were short on Wampum and needed to raise some for development. To be perfectly honest all the messing around with the pool (1%, 25%, 1%, 25%, 2%, then just 5% off the top) has really hurt Wampumcoin. There used to be a pretty good bunch of reliable miners that were all scared off by this consistent monkeying around, myself included.

But on re-evaluating the situation, I had to ask myself "What is in it for them?" "What is the incentive to subject themselves to the abuse, with no likely payoff?". Not much really. If it is a scam, what is being scammed? Nothing. If they got the pre-mine, half a billion coins, at todays price about $50. I know I and most here mined the amount of the pre-mine long ago. If you look it the 5000 per block as "stealing" then they only got $19, and the bulk of that was from 3 miners who knew it was happening. I solo mined for a while but found it was still more "profitable" to get a percent of 95k, than soloing for the whole 100k so made the conscious decision to forgo the 5000 knowing full well that the devs were getting it so they were not stealing it from me.

I then had to ask myself "What would motivate the developers to grow the coin and keep doing work that they do not have to do, and that no one seems to appreciate (myself included)" We are all here for the coins and the hope that it will prosper and we will make some money from it long term.

There are some huge stake holders here, and we are all hitched to the same stuck wagon. We need to make sure the developers are properly motivated, we may not agree with them but they are in the drivers seat and need donations. (donation address: WjH18unNeFZo4mQD8Qtm3AN9Wi68todrk7 Go back to page 4 of this discussion to verify this address, I wish they would add this to their signature). Nobody an Wampumcoin asked for donations, I deduced this from their actions.

We also need an Apple wallet (and to get rid of the crapple graphic, it looks childish)(Android and IOS would be good too). A new look would be nice, and someone here proposed one. We need a pool of wampumcoins from us miners for projects that need to be accomplished. As was mentioned earlier "I don't understand how the block-chain integrity can be maintained, especially when mining runs dry later this year". This is the real problem that I likewise do not understand. A hard fork to extend the mining through quicker halving may be needed to extend the mining out several years, or a POS component to maintain the chain.

In short, we need to stop bickering and work together, or we can just delete the coins and move on.  I thought about setting up a wallet for donations and bounties, but who would trust me? I also contemplated offering a bounty for the needed wallets..... I can set up a private discussion forum in a few hours so we can discuss this in private if needs be. In fact I will do that and send invitations via PMs in the next 24-48 hours to see if there is any interest in starting a community group to help our coin and the developers along, and hopefully improve communications between the two interests. I am sure we have the collective talent to do something worthwhile with this coin.

 

I disagree that it was in "plain sight".  I stumbled upon it by accident because the payout numbers seemed strange to to me.  In fact, if you look at the round data about the time this mess started, you'll see it is very screwed up, almost as if someone might have been monkeying around trying to cover the shenanigans up and was having trouble doing so.  After it a bit it looks like they just gave up and stopped trying to make look like 100,000 coins were distributed and let it display 95,000.

But I agree with your thoughts about their motivations.  Why?  It just seems so stupid. 

Still, I don't like it when people try to cheat me, even if there's no money or real value involved.  It's just part of human behavior.  People get mad when cheated.

Can the coin be salvaged?  I don't know.  Like you said, trust is an issue, but I'm willing to consider proposals. 

BRAVO my friend!!  I hope the DEVs and everyone else takes the time to read this post.......dude, VERY well said!  I am in the EXACT same boat as you and could express the exact same feelings.

Dev.....I REALLY think you need to re-think your stand on this forum and not wanting so much to handle talks here!  Maybe assign someone to run point here is you can't.....but you have to see THIS is where all your supporters and investors EXPECT to see activity.  At least that is what it seems to me, just having and active dev on this forum gets MAJOR attention to cryptos!  You can also see you have a community TRYING to build itself and trying to offer support and help, right here on this forum......and it seems like you are fighting that when you should be embracing it as THAT is what this coin needs to thrive man! 

There is some SERIOUS talent around these parts and it looks like a good deal right here in front of you already:-)

Does anyone have any insight on why the net hashrate is so high?

Currently the "official pool" is hovering around 2 MH/s, while the net is in the upper 40's MH/s.

Are there some people really that bullish on wampumcoin?

I'm just sitting back and watching the "battle".  Perhaps it's staged.  I don't know.

Go to askcoin and vote for Wampumcoin https://askcoin.net/votes

This coin is so dead!!!

Well...It's not completely true.

http://s55.radikal.ru/i147/1408/e3/3936cd9db95d.png


But Dev's are silent.
It is necessary to ask them - what plans?

6 months ago I sat across the desk from someone who said the same thing about bitcoin.

bitcoin had a humble rocky beginning too.

OK, it's dead on the exchange!!

Right now it IS dead in the water!  WAY too much silence from the new dev team!

Our silence here does not mean that we are not

. informing those interested of what we're doing at http://wampumcoin.com
. putting together a team that will insure that wampumcoin survives outside of 1 or 2 shot-calling forums
. pursuing in house financing for the developers
. working on the code
. working to get on the markets
. working on deals for products and services
. working on communities outside of bitcointalk
. and more...

currently voting @
https://askcoin.net/votes
https://bter.com/voting
https://hitbtc.com/vote
https://mintpal.com/voting
https://swisscex.com/voting

for us, it's more do, less talk.

and now...
a pause from the negativity...

This announcement/information post is locked and is being re-published.

We know some of you don't appreciate the expense and efforts we've made, just because you have not seem them in the foreground or in the time you might be accustomed too.

For those interested, updates and upgrades are in the works.

Thanks for your patience.

I know that some of you really don't like that I've locked the thread. I had to. It's the only way I can come here without feeling discouraged.

Yes, discouraged. You see, I'm in the same boat as some of you. I had a lot of hope. Actually I still do, but my hope is based on my own efforts.

What efforts? I'm paying for servers, I single handedly drove up the votes on askcoin.net, swisscex.com, and others. I know. The community would vote if they weren't discouraged too. I accept that part, but I won't accept doing nothing about it. So I vote. That means I manually sat there, waited, voted, waited, voted. One of the exchanges required that we send in ID, etc. or they would not allow our IP to vote any more. At another two I was required to trade other cryptos to enable voting, which required me to deposit funds. All for the sake of wampumcoin and the big picture (which goes beyond even wampumcoin).
 
I hire someone to do the logo. Their work is not very good. You get what you pay for.
You put it on hold until you can get to it.

I hire someone to do the website. Their work is not very good. You get what you pay for.
You put it on hold until you can get to it.

You look at a long list of things to do. You see what you're good at, you do it. The rest you put on hold until you can get to it.
You get discouraged, you get sick. You work up the courage to do what you can do, and do it. The rest you put on hold until you can get to it.
 
I've had some success in marketing in the past, but I've somehow walked right in to being a systems operator, administrative director,  and project manager, and corporate officer. I'm doing tons of things, waiting on tons of people, and have a million things to do. I'll continue to work hard and make choices. I know some of them won't be liked, and some of them  will likely be wrong. I'll slam on the brakes when I need to, and steam roll too.
 
 Thanks and God Bless
 
 Peter

By the way, one of the things I had been working on from the start is the collaboration system. It's almost done.

It's important to me because it's going to allow me to see who is REALLY serious about all of the offers of help.
The collaboration system is going to allow the following:

Projects and Tasks to be done to be listed.
Projects and Tasks to be assigned to people.
People to be allowed to create and coordinate Projects and Tasks.
Project and Task completion tracking.
Company, Team, and Worker hierarchy.
Billing and compensation.
more!

Peter

Also,
As you know, the plan is to set up a collaboration and project management system for the coin, an it's own forum. But it will continue to have a thread here, and it does have a public thread at another cryptcurrency forum.

What I've been trying to determine is if and when we start another announcement thread if we should leave this thread in place here or move it to the archive. Not hiding it as much as moving it to the side as it's just too negative for my taste.

I know even the 'non-positive' posts CAN be constructive, but for the condition the coin was (is?) in, I agree that a lot of the posts by many people; supporters and non-supporters alike, were too negative. We are accused of being guilty of damaging the coin, while we felt the same about others.

I'm reminded of the following:
political campaign speeches
campaign strategy meetings
town hall meetings
state of the union addresses
press conferences
etc.

bitcointalk reminds me more of town hall meetings. Something we, with being new to it's function, was unaware of.

I personally have been more in need of campaign strategy meetings and state of the union addresses right now. I do feel the need for town hall meetings, but I'm not the person best suited for telling the towns people something that won't make sense to them or give them hope right now outside of I'm busting my ass!

But in any event, my efforts are being divided between what I think are some key areas it is most suited for, one of them being the collaboration system which I am hoping to have some of you working with.

More soon.

God bless

Peter