Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: SquareDev on June 29, 2014, 08:30:25 PM



Title: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: SquareDev on June 29, 2014, 08:30:25 PM

Launch: 07/01/14 12 PM est

Countdown Timer
http://www.timeanddate.com/countdown/generic?iso=20140701T12&p0=250&msg=Square+Launch%21&csz=1&swk=1

600 SQ bonus to the first user on page 10 of this thread!

Specs:

Algorithm: Scrypt
Max Coins: 5 000 000
ICPO Coins: 3 500 000
Launch Party Giveaway Coins: 4650 - Twitter followers will receive these coins on launch day! Re-tweeters will get 250 coins for each tweet they re tweet!
Coins per block: 150
Block halving rate: 5000
Target Spacing: 2 Minutes


Objective:


Our objective is to achieve price stability via a majority supply IPO (provided VIA Bittrex). 70 percent of the coin supply will be offered at 750 satoshis (well below market value for a 5 million coin supply).
This price will allow everyone a shot to purchase a stake below market value (as per price trends of comparable coins). As well, since a majority of the coins will hit the market out of the gates, the dreaded multi-pool dumps will be muted.

A major benefit to this IPO model is its security. We will only offer the coin IPO via a trusted third party exchange (Bittrex).

Part of the IPO will be reinvested into the project to help drive adoption.

WARNING: This coin will launch as a normal POW coin. We want ensure coin stability before offering the IPO coins. This means that the coin will be available on the exchange before the IPO. All buy orders above 750 satoshis will get filled as we will buy them up as we place the coins on the market to sell. Unless you are guaranteeing your IPO purchase (placing it so you don’t miss it), make sure to be mindful of your orders getting filled by the IPO coins.

NOTE: The Dev team will be prohibited from receiving a pre-mine. We will be required to purchase the coin via the Bittrex IPO the same as everyone else. We will offer a block explorer and allow everyone to see the transaction history of the IPO coins.



Proven Architecture:


The backbone will be designed around the Scrypt algorithm.  This architecture has demonstrated itself it be very reliable. In our opinion, successful payment systems need stability and reliability, and we feel Scrypt fits the bill.  



Community Driven – Professionally Managed:



We will be seeking members of the community to join the Square Foundation during the launch to support future development.  These are PAID roles as the level of commitment and support from these members will be crucial to the project’s success. We will pay in Square post launch, and pay specific BTC bounties for professionally developed resources (such as a block chain explorer, website, logo development etc).

Wallets
https://mega.co.nz/#!PZxCWbwI!EZYScl9kYd5w8xKBYv6zr22b77AMIh8Jv_9HB9lSx5c

addnode=54.194.99.126

Pools
http://square.coin-miners.info/ - Coin-Miners!  :D
http://square.minerpools.com/ - Minerpools!  ;D
http://square.pool.mn/ - POOL.MN! :)
http://square.cryptoday.info/index.php?page=register :)

Exchanges
Bittrex - tweet and build up the hype :D

Twitter
Twitter: https://twitter.com/squarecoindev

IRC
https://kiwiirc.com/client/irc.freenode.net/squarecoin

Block Explorer
http://sq.explorer.ssdpool.com:9019/

Source
https://github.com/squarecoin?tab=repositories - posted 30 seconds before launch for pool prep!

P2P port11070
RPC port21070
Block Maturity 120

Contact the Dev Team
 squarecoin@outlook.com


https://i.imgur.com/84lNY9s.png
Working well so far :)



Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: Bombsorcerer on June 29, 2014, 08:36:06 PM
Watching. Looks interesting.


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: SquareDev on June 29, 2014, 08:36:28 PM
Watching. Looks interesting.

Thanks!



Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: mafia on June 29, 2014, 08:50:20 PM
watching

thanks


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: SquareDev on June 29, 2014, 09:28:13 PM
Calling on logo designers! We will pay for a good design. Post your best works on the thread!


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: Vilchaco on June 29, 2014, 09:51:20 PM
Watching


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: SquareDev on June 29, 2014, 10:20:39 PM
Lets spark up some interest folks.  :D


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: cryptoangel on June 29, 2014, 10:28:55 PM
Scrypt is to hot for many. Good luck.


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: Richard213 on June 29, 2014, 10:43:33 PM
take a spot

so how many total % that IPO things?


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: Bombsorcerer on June 29, 2014, 11:36:57 PM
Nice logo! Is the bounty already filled?


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: tuanvie on June 29, 2014, 11:41:20 PM
I tried to participate in the logo :)



Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: SquareDev on June 29, 2014, 11:41:33 PM
Nice logo! Is the bounty already filled?

Not yet! That was my design.. but I'm no expert.


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: SquareDev on June 30, 2014, 12:10:43 AM
I tried to participate in the logo :)


Not bad!

Kinda looking for a square logo though.


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: ThatDandyMan on June 30, 2014, 01:37:12 AM
Looking forward to see what you have to offer.


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: SquareDev on June 30, 2014, 01:38:51 AM
Looking forward to see what you have to offer.

Thanks!


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: GGfan on June 30, 2014, 01:41:22 AM
Watching :)


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: SquareDev on June 30, 2014, 01:57:53 AM
Watching :)

Sweet thanks!


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: emailtooaj on June 30, 2014, 04:16:26 AM
Hello,
thought I would help contribute to logo ideas...

http://i1280.photobucket.com/albums/a485/emailtooaj/Squaredollarlogo_zpsab2f433d.png (http://s1280.photobucket.com/user/emailtooaj/media/Squaredollarlogo_zpsab2f433d.png.html)

http://i1280.photobucket.com/albums/a485/emailtooaj/Squarelogo2_zps58c8270c.png (http://s1280.photobucket.com/user/emailtooaj/media/Squarelogo2_zps58c8270c.png.html)

http://i1280.photobucket.com/albums/a485/emailtooaj/Square3Dlogo2transparent_zps6e2145fc.png (http://s1280.photobucket.com/user/emailtooaj/media/Square3Dlogo2transparent_zps6e2145fc.png.html)

http://i1280.photobucket.com/albums/a485/emailtooaj/Square3Dlogo2nontransparent_zps16a3b1e3.png (http://s1280.photobucket.com/user/emailtooaj/media/Square3Dlogo2nontransparent_zps16a3b1e3.png.html)

http://i1280.photobucket.com/albums/a485/emailtooaj/Square3Dlogo_zpscd09d1c6.png (http://s1280.photobucket.com/user/emailtooaj/media/Square3Dlogo_zpscd09d1c6.png.html)

Will take any suggestions  ;D



Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: SquareDev on June 30, 2014, 04:30:03 AM
Hello,
thought I would help contribute to logo ideas...

http://i1280.photobucket.com/albums/a485/emailtooaj/Squaredollarlogo_zpsab2f433d.png (http://s1280.photobucket.com/user/emailtooaj/media/Squaredollarlogo_zpsab2f433d.png.html)

http://i1280.photobucket.com/albums/a485/emailtooaj/Squarelogo2_zps58c8270c.png (http://s1280.photobucket.com/user/emailtooaj/media/Squarelogo2_zps58c8270c.png.html)

http://i1280.photobucket.com/albums/a485/emailtooaj/Square3Dlogo2transparent_zps6e2145fc.png (http://s1280.photobucket.com/user/emailtooaj/media/Square3Dlogo2transparent_zps6e2145fc.png.html)

http://i1280.photobucket.com/albums/a485/emailtooaj/Square3Dlogo2nontransparent_zps16a3b1e3.png (http://s1280.photobucket.com/user/emailtooaj/media/Square3Dlogo2nontransparent_zps16a3b1e3.png.html)

http://i1280.photobucket.com/albums/a485/emailtooaj/Square3Dlogo_zpscd09d1c6.png (http://s1280.photobucket.com/user/emailtooaj/media/Square3Dlogo_zpscd09d1c6.png.html)

Will take any suggestions  ;D



Nice..


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: SquareDev on June 30, 2014, 04:49:38 AM
Hello,
thought I would help contribute to logo ideas...

http://i1280.photobucket.com/albums/a485/emailtooaj/Squaredollarlogo_zpsab2f433d.png (http://s1280.photobucket.com/user/emailtooaj/media/Squaredollarlogo_zpsab2f433d.png.html)

http://i1280.photobucket.com/albums/a485/emailtooaj/Squarelogo2_zps58c8270c.png (http://s1280.photobucket.com/user/emailtooaj/media/Squarelogo2_zps58c8270c.png.html)

http://i1280.photobucket.com/albums/a485/emailtooaj/Square3Dlogo2transparent_zps6e2145fc.png (http://s1280.photobucket.com/user/emailtooaj/media/Square3Dlogo2transparent_zps6e2145fc.png.html)

http://i1280.photobucket.com/albums/a485/emailtooaj/Square3Dlogo2nontransparent_zps16a3b1e3.png (http://s1280.photobucket.com/user/emailtooaj/media/Square3Dlogo2nontransparent_zps16a3b1e3.png.html)

http://i1280.photobucket.com/albums/a485/emailtooaj/Square3Dlogo_zpscd09d1c6.png (http://s1280.photobucket.com/user/emailtooaj/media/Square3Dlogo_zpscd09d1c6.png.html)

Will take any suggestions  ;D



Nice..

As soon as we get some feedback I may have to pay you! :D


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: uapp on June 30, 2014, 04:59:32 AM
http://square.123dh.cn/
Squarecoin pool  pre-registrations opend!
Return 1 minutes to pay
Within a month of fee free !

Please consider joining us.


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: tuanvie on June 30, 2014, 09:39:53 AM
Unable to connect to wallet RPC service: Connect error: Connection refused (111)


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: chinatom on June 30, 2014, 10:08:41 AM
http://square.123dh.cn/
Squarecoin pool open pre registrations !
Return 1 minutes to pay
Within a month of fee free !

Please consider joining us.



NICE.. HAVE QQ GROUP ?


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: unlock.mk on June 30, 2014, 10:16:04 AM
https://i.imgur.com/v7G5YL0.png


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: mymenace on June 30, 2014, 11:28:34 AM


http://s29.postimg.org/ysfsp32wn/squarecoin.png


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: SquareDev on June 30, 2014, 12:14:09 PM
Unable to connect to wallet RPC service: Connect error: Connection refused (111)

lmao. I want to cry. Read the launch date.


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: SquareDev on June 30, 2014, 01:03:25 PM
http://square.123dh.cn/
Squarecoin pool open pre registrations !
Return 1 minutes to pay
Within a month of fee free !

Please consider joining us.



NICE.. HAVE QQ GROUP ?

considering


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: SquareDev on June 30, 2014, 01:27:35 PM
Hello,
thought I would help contribute to logo ideas...

http://i1280.photobucket.com/albums/a485/emailtooaj/Squaredollarlogo_zpsab2f433d.png (http://s1280.photobucket.com/user/emailtooaj/media/Squaredollarlogo_zpsab2f433d.png.html)

http://i1280.photobucket.com/albums/a485/emailtooaj/Squarelogo2_zps58c8270c.png (http://s1280.photobucket.com/user/emailtooaj/media/Squarelogo2_zps58c8270c.png.html)

http://i1280.photobucket.com/albums/a485/emailtooaj/Square3Dlogo2transparent_zps6e2145fc.png (http://s1280.photobucket.com/user/emailtooaj/media/Square3Dlogo2transparent_zps6e2145fc.png.html)

http://i1280.photobucket.com/albums/a485/emailtooaj/Square3Dlogo2nontransparent_zps16a3b1e3.png (http://s1280.photobucket.com/user/emailtooaj/media/Square3Dlogo2nontransparent_zps16a3b1e3.png.html)

http://i1280.photobucket.com/albums/a485/emailtooaj/Square3Dlogo_zpscd09d1c6.png (http://s1280.photobucket.com/user/emailtooaj/media/Square3Dlogo_zpscd09d1c6.png.html)

Will take any suggestions  ;D



Guys I really want your feedback on this set of logos.. I'm really digging them. If I get some good feedback I would like to pay the man.


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: 103deltafox on June 30, 2014, 01:41:37 PM
This would be my contribution on a logo...

https://dl.dropboxusercontent.com/u/97172015/MetalSquareLogo11.png

https://dl.dropboxusercontent.com/u/97172015/BetaSquareLogo11.png


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: perado on June 30, 2014, 01:53:41 PM
  It seems that the IPO thing is going to be more "formal"(Via the exchange ???)


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: SquareDev on June 30, 2014, 01:55:27 PM
  It seems that the IPO thing is going to be more "formal"(Via the exchange ???)

Yeah, how IPOs should be deployed.


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: SquareDev on June 30, 2014, 02:10:32 PM

I really like this...


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: uapp on June 30, 2014, 03:35:00 PM
http://square.123dh.cn/
Squarecoin pool open pre registrations !
Return 1 minutes to pay
Within a month of fee free !

Please consider joining us.



NICE.. HAVE QQ GROUP ?

QQ GROUP:144132655


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/06/14
Post by: SquareDev on June 30, 2014, 03:38:34 PM

You win!

Can you provide me high res versions and your BTC address?

I may lean on you in the future too ;)


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/01/14 !
Post by: SquareDev on June 30, 2014, 03:47:05 PM
We are setting an aggressive launch date. Looking for partner pools! Please email or PM me!


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/01/14 !
Post by: 103deltafox on June 30, 2014, 03:57:57 PM
PM sent...Looking forward to more opportunities to work with this project!
Cheers!


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/01/14 !
Post by: drugo on June 30, 2014, 03:58:52 PM
interesting coin but you should remove premine


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/01/14 !
Post by: SquareDev on June 30, 2014, 04:08:51 PM
interesting coin but you should remove premine

Devs don't get any of the Premine. Check out the description of the project in the OP. We have to participate like everyone else. The entire 3.5 mill coins will be sold for 750 sats on Bittrex. This is a great entry level price for a low quantity supply.

We are even considering 500 sats if we get the community support.


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/01/14 !
Post by: SquareDev on June 30, 2014, 04:15:48 PM
PM sent...Looking forward to more opportunities to work with this project!
Cheers!

You have been paid! Thank you for your contribution!


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! CALLING ALL POOLS!
Post by: altcoinherald on June 30, 2014, 04:17:29 PM
Your coin has been added to the Altcoin launch calendar.

http://altcoinherald.com/3838 (http://altcoinherald.com/3838)

We'll keep posted for developments with your coin!

https://i.imgur.com/gTrGwgk.png


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! CALLING ALL POOLS!
Post by: tuanvie on June 30, 2014, 04:58:15 PM
:D

when there is an active pool?


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! CALLING ALL POOLS!
Post by: SquareDev on June 30, 2014, 05:04:09 PM

Just wrapping things up with coin-miners !


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! CALLING ALL POOLS!
Post by: scorpio18 on June 30, 2014, 05:08:13 PM
https://i.imgur.com/dSAlr80.png
Square Pool
http://square.coin-miners.info/
Pre-registration opened!

1% Pool Fee / PROP payout system
Stratum with vardiff.
Stable SSD Server, DDOS protection.
Cashout are processed every minute.
Support at #COINMINERS freenode channel : https://webchat.freenode.net/?channels=#COINMINERS

Point your miners at: stratum+tcp://square.coin-miners.info:3361

https://becausepool.com/site_assets/global/images/mrr-logo2-sm.png (http://www.miningrigrentals.com/register?ref=2339)
Rent some scrypt hash power at

http://www.miningrigrentals.com/ (https://www.miningrigrentals.com/rigs/scrypt?ref=2339)



Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! CALLING ALL POOLS!
Post by: SquareDev on June 30, 2014, 06:02:47 PM
Good ol back to basics coin with a very low barrier to entry!


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! CALLING ALL POOLS!
Post by: uapp on June 30, 2014, 06:13:20 PM
http://square.123dh.cn/
Pre-registrations opend!
Return 1 minutes to pay
Within a month of fee free !

Please add the ANN.



Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! CALLING ALL POOLS!
Post by: SquareDev on June 30, 2014, 06:19:41 PM
http://square.123dh.cn/
Pre-registrations opend!
Return 1 minutes to pay
Within a month of fee free !

Please add the ANN.



Not too sure.. you seem.. fly by night to me.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Coin-Miners Ready!
Post by: SquareDev on June 30, 2014, 06:37:49 PM
Coin is ready and we are just finishing up testing!


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Coin-Miners Ready!
Post by: uapp on June 30, 2014, 06:41:36 PM
Coin is ready and we are just finishing up testing!
We do a lot of the pool, the original Chinese aipool.com


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Coin-Miners Ready!
Post by: minerpools on June 30, 2014, 06:42:28 PM
http://square.minerpools.com/

Registrations open!


- Dedicated server 512 SSD, 32GB RAM, 8 Core Processor
- 24/7 support at #minerpools freenode channel https://kiwiirc.com/client/irc.freenode.net/minerpools
- Block finder bonus -
- 1% Fees
- PPLNS Payouts
Stratum for Square: stratum+tcp://190.143.38.247:4073 -u Weblogin.WorkerName -p WorkerPassword

EDIT: Dev, please add us to the OP, thx!.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Coin-Miners Ready!
Post by: uapp on June 30, 2014, 06:43:57 PM
Coin is ready and we are just finishing up testing!
We do a lot of the pool, the original Chinese aipool.com
So please add ann


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Coin-Miners Ready!
Post by: SquareDev on June 30, 2014, 06:49:41 PM
I'm only going to allow for 2 more pools (4 total) for launch.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! READY!
Post by: SquareDev on June 30, 2014, 07:00:25 PM
We mined an extra 600 coins above and beyond the IPO allotment. So, we will be awarding those coins as a prize!

The first post to reach page 10 wins 600 SQs after launch!  :D :D :D

Good luck!


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! WIN 600 SQ!
Post by: Grifftech2k4 on June 30, 2014, 07:02:07 PM
dump scrypt, that shit runs way too hot. Run X11 or NIST5, anything but Scrypt


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! WIN 600 SQ!
Post by: RCrypto on June 30, 2014, 07:04:06 PM
So tomorrow the IPO will be on Bittrex?


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! WIN 600 SQ!
Post by: SquareDev on June 30, 2014, 07:07:19 PM
dump scrypt, that shit runs way too hot. Run X11 or NIST5, anything but Scrypt

Scrypt is a tested technology, and we expect that the network will be supported by asics.

The real opportunity to participate is on Bittrrex. We will be offering a really low priced IPO.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! WIN 600 SQ!
Post by: chisefu on June 30, 2014, 07:12:30 PM
http://square.chickenstrips.net will be here, site will be up for pre-registrations soon.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! WIN 600 SQ!
Post by: dcoder50 on June 30, 2014, 07:13:27 PM
when will that be made available? I would like to place my buy orders.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! WIN 600 SQ!
Post by: SquareDev on June 30, 2014, 07:33:45 PM
when will that be made available? I would like to place my buy orders.

Soon after launch. As long as  you place your buy orders at 750 satoshis you will get your coin.

Wallet is ready for download! Password will be provided on twitter 12pm EST 07/01/14


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! WIN 600 SQ!
Post by: SquareDev on June 30, 2014, 07:45:21 PM
http://square.chickenstrips.net will be here, site will be up for pre-registrations soon.

Can you connect with me at squarecoin@outlook.com?

I need your skype account so we can coordinate properly at launch!

All these potential miners want a smooth launch day ;)


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! WIN 600 SQ!
Post by: Richard213 on June 30, 2014, 07:56:23 PM
when will that be made available? I would like to place my buy orders.

Soon after launch. As long as  you place your buy orders at 750 satoshis you will get your coin.

Wallet is ready for download! Password will be provided on twitter 12pm EST 07/01/14

great, but btw why use pass for download it?


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! WIN 600 SQ!
Post by: wu21456 on June 30, 2014, 07:58:50 PM
Quote
600 SQ bonus to the first user on page 10 of this thread!

Only one guy will be so lucky.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! WIN 600 SQ!
Post by: wu21456 on June 30, 2014, 08:02:16 PM
sorry. I find all are  old-dated shit.
Ask for IPO with this shit ?   Are you mad?


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! WIN 600 SQ!
Post by: SquareDev on June 30, 2014, 08:04:27 PM
when will that be made available? I would like to place my buy orders.

Soon after launch. As long as  you place your buy orders at 750 satoshis you will get your coin.

Wallet is ready for download! Password will be provided on twitter 12pm EST 07/01/14

great, but btw why use pass for download it?

I don't want it released before the official launch?


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: SquareDev on June 30, 2014, 08:52:08 PM
Twitter giveaway party! Check out the OP  8)


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: SquareDev on June 30, 2014, 09:14:15 PM
Don't forget to participate!


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: Vilchaco on June 30, 2014, 09:15:10 PM
Twitter giveaway party! Check out the OP  8)

Following... Fran__Vilchez :D


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: SquareDev on June 30, 2014, 09:21:34 PM
Twitter giveaway party! Check out the OP  8)

Following... Fran__Vilchez :D

Woohoo! See you tomorrow :D


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: thenite0wl on June 30, 2014, 09:34:04 PM
don't like the logo. SQ should be centered and large.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: SquareDev on June 30, 2014, 09:35:51 PM
Hmm... I keep getting trolled by folks with a Teddy signature.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: thenite0wl on June 30, 2014, 09:42:28 PM
just a little constructive criticism


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: vanish9 on June 30, 2014, 09:53:04 PM
http://square.pool.mn/ is ready for pre-registrations!
Mining will be available when Square  launches!
Feel free to register and configure your miners before the coin launch

http://square.pool.mn offers:
• 0,99% fees
• Powerful dedicated server
• DDOS Protection
• Friendly support via email, jabber or support forums
• Skilled admin

Please, join us (http://square.pool.mn)

http://pool.mn/Themes/Dilber/images/theme/logo.png (http://square.pool.mn)


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: P0PFrag on June 30, 2014, 09:53:29 PM
Im interested, will look into.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: SquareDev on June 30, 2014, 10:19:27 PM
can i get some of those free coins?

Follow and re tweet and I'm sure we can help you out ;)


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: ihascryptos on June 30, 2014, 10:32:44 PM
all eyes are on you SquareCoin!!!  there is lots of buzz in the coin community.

dont fuck up :)  no pressure. lol


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: workminer on June 30, 2014, 10:37:18 PM
i want some free coins


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: platorin on June 30, 2014, 10:56:55 PM
Stay away! IPO and premine!


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: kondiomir on June 30, 2014, 11:15:27 PM
I'll try it at launch.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: neiq on July 01, 2014, 12:41:10 AM
in


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: skyman on July 01, 2014, 01:26:39 AM
Hello,World,I am Square...

very interested,pls count me in.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: SquareDev on July 01, 2014, 02:35:03 AM
Stay away! IPO and premine!

Very fair concerns. We appreciate your feedback as this is normally a red flag!

The great thing about this project is, we will be offering the entire "pre mine" for 750 satoshis a coin. That is a 3.5 million coin supply, supported by a trusted network, with an active dev team, for 750 sats a coin.

We will advise the community when we will be deploying the coins on Bittrex so that they can place their orders and be ready to catch  their shares.

This deployment will leverage the security of Bittrex! We are in the process of finalizing the details, however fell confident our project will be adopted!

Our block chain explorer will allow you to validate this transfer and eventual sale.

SquareCoin


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: thunderlei on July 01, 2014, 02:40:50 AM
Is bosman the dev who startup this project?  By far, the roadmap for this coin is not clear, really hope the team can think through what they want to bring to the field.  See, we all know there is great potential here in crypto currency and there r a lot of problem here and now. Any attempts to fix problem and push forward could have a share of investment and attention. otherwise there is no point to fight in, Changing the way of IPO just is not enough.

Hopefully , build the team and form the vision


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: SquareDev on July 01, 2014, 02:51:23 AM
Is bosman the dev who startup this project?  By far, the roadmap for this coin is not clear, really hope the team can think through what they want to bring to the field.  See, we all know there is great potential here in crypto currency and there r a lot of problem here and now. Any attempts to fix problem and push forward could have a share of investment and attention. otherwise there is no point to fight in, Changing the way of IPO just is not enough.

Hopefully , build the team and form the vision

Very well said, with the right issues identified.

This is a traditional coin built on a trusted infrastructure. No gimmicks out of the gate.

The truth is, development takes the best talent, and that talent isn't free. In order to retain the best you need to pay for them. That is our vision. we want a community directed coin with the funding to back the best in the industry to drive it forward. To those who have worked for us so far, please vouch for us. We believe in paying for talent and seeking to retain that talent through the relationships we build and paying industry leading compensation.

To be a success we need to operate accordingly. This is for the long term, and we can't wait to recruit the best talent in the industry to make that so!

Thanks again for your excellent question.  :)


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: SquareDev on July 01, 2014, 03:13:41 AM
Hello,World,I am Square...

very interested,pls count me in.

Don't forget to retweet!

https://twitter.com/squarecoindev/status/483801175230533632

Can't wait for the launch tomorrow. We are here to please!

SquareCoin


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/01/14 !
Post by: sony87 on July 01, 2014, 03:14:14 AM
interesting coin but you should remove premine

Devs don't get any of the Premine. Check out the description of the project in the OP. We have to participate like everyone else. The entire 3.5 mill coins will be sold for 750 sats on Bittrex. This is a great entry level price for a low quantity supply.

We are even considering 500 sats if we get the community support.

So....if I get it right:
1. You premine a fiction coin.
2. You sell the premine to people for ~26 BTC even before they mined some.
3. You just get the BTC and leave.

Anyone else share my thoughts ?


Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/01/14 !
Post by: SquareDev on July 01, 2014, 03:30:44 AM
interesting coin but you should remove premine

Devs don't get any of the Premine. Check out the description of the project in the OP. We have to participate like everyone else. The entire 3.5 mill coins will be sold for 750 sats on Bittrex. This is a great entry level price for a low quantity supply.

We are even considering 500 sats if we get the community support.

So....if I get it right:
1. You premine a fiction coin.
2. You sell the premine to people for ~26 BTC even before they mined some.
3. You just get the BTC and leave.

Anyone else share my thoughts ?

Good call out Sony87.

Lets look at your perspective from a different angle.

1. The "pre-mine" which has been completely transparent throughout the coin launch, is being offered to investors at a price that maximizes distribution. The thought process behind the large percentage of IPO coins was to limit the need for crypto enthusiasts to mine with GPUS and allow the asics to support the network. The pricepoint enables this low barrier to entry for the masses.

2. Our team pays for quality work. Like it or not, if you want to see a project flourish long term, it will need funding. We want to tap into the wide ranging skill-sets of the crypto community to make Square become a standard in crypto.

3. Although always a risk in this space, all we can do is give our word and live up to the examples we have demonstrated thus far to our commitment to the project. I personally have never been more  excited to be running a project in the crypto-space  and all I want for this project is for it to succeed.

I genuinely respect, and understand your concerns. All we can do is demonstrate our commitment to the project through actions. Lets work towards a successful launch at noon est tomorrow and take it one step at a time from there.

Thank you Sony87


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: emailtooaj on July 01, 2014, 03:36:26 AM
A couple more contributions. The new logo looks good  ;D ;D ;D

http://i1280.photobucket.com/albums/a485/emailtooaj/Square3Dlogo_3_zpsba55dba8.png (http://s1280.photobucket.com/user/emailtooaj/media/Square3Dlogo_3_zpsba55dba8.png.html)

http://i1280.photobucket.com/albums/a485/emailtooaj/SquareCoin3Dboxlogo_zpsc9f9b7c0.png (http://s1280.photobucket.com/user/emailtooaj/media/SquareCoin3Dboxlogo_zpsc9f9b7c0.png.html)



Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/01/14 !
Post by: sony87 on July 01, 2014, 03:39:37 AM
interesting coin but you should remove premine

Devs don't get any of the Premine. Check out the description of the project in the OP. We have to participate like everyone else. The entire 3.5 mill coins will be sold for 750 sats on Bittrex. This is a great entry level price for a low quantity supply.

We are even considering 500 sats if we get the community support.

So....if I get it right:
1. You premine a fiction coin.
2. You sell the premine to people for ~26 BTC even before they mined some.
3. You just get the BTC and leave.

Anyone else share my thoughts ?

Good call out Sony87.

Lets look at your perspective from a different angle.

1. The "pre-mine" which has been completely transparent throughout the coin launch, is being offered to investors at a price that maximizes distribution. The thought process behind the large percentage of IPO coins was to limit the need for crypto enthusiasts to mine with GPUS and allow the asics to support the network. The pricepoint enables this low barrier to entry for the masses.

2. Our team pays for quality work. Like it or not, if you want to see a project flourish long term, it will need funding. We want to tap into the wide ranging skill-sets of the crypto community to make Square become a standard in crypto.

3. Although always a risk in this space, all we can do is give our word and live up to the examples we have demonstrated thus far to our commitment to the project. I personally have never been more  excited to be running a project in the crypto-space  and all I want for this project is for it to succeed.

I genuinely respect, and understand your concerns. All we can do is demonstrate our commitment to the project through actions. Lets work towards a successful launch at noon est tomorrow and take it one step at a time from there.

Thank you Sony87

Sorry my skepticism but i don't follow your idea simply because when you sell all the premine you don't have more coins that will stimulate you to rise their price. You got BTC and no shit coins, what would be the point to stay and support coin that you don't own ! I like the gibberish and good taken work for the masses but i have been seeing this pattern for so long.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: SquareDev on July 01, 2014, 03:40:22 AM
A couple more contributions. The new logo looks good  ;D ;D ;D

http://i1280.photobucket.com/albums/a485/emailtooaj/Square3Dlogo_3_zpsba55dba8.png (http://s1280.photobucket.com/user/emailtooaj/media/Square3Dlogo_3_zpsba55dba8.png.html)

http://i1280.photobucket.com/albums/a485/emailtooaj/SquareCoin3Dboxlogo_zpsc9f9b7c0.png (http://s1280.photobucket.com/user/emailtooaj/media/SquareCoin3Dboxlogo_zpsc9f9b7c0.png.html)



Haha nice!

I'm off for the night folks. I will be up bright and early tomorrow to make sure we are good to go for launch!



Title: Re: {ANN} Square - POW/Distribution Hybrid 5 Million Max - Launch 07/01/14 !
Post by: SquareDev on July 01, 2014, 03:46:46 AM
interesting coin but you should remove premine

Devs don't get any of the Premine. Check out the description of the project in the OP. We have to participate like everyone else. The entire 3.5 mill coins will be sold for 750 sats on Bittrex. This is a great entry level price for a low quantity supply.

We are even considering 500 sats if we get the community support.

So....if I get it right:
1. You premine a fiction coin.
2. You sell the premine to people for ~26 BTC even before they mined some.
3. You just get the BTC and leave.

Anyone else share my thoughts ?

Good call out Sony87.

Lets look at your perspective from a different angle.

1. The "pre-mine" which has been completely transparent throughout the coin launch, is being offered to investors at a price that maximizes distribution. The thought process behind the large percentage of IPO coins was to limit the need for crypto enthusiasts to mine with GPUS and allow the asics to support the network. The pricepoint enables this low barrier to entry for the masses.

2. Our team pays for quality work. Like it or not, if you want to see a project flourish long term, it will need funding. We want to tap into the wide ranging skill-sets of the crypto community to make Square become a standard in crypto.

3. Although always a risk in this space, all we can do is give our word and live up to the examples we have demonstrated thus far to our commitment to the project. I personally have never been more  excited to be running a project in the crypto-space  and all I want for this project is for it to succeed.

I genuinely respect, and understand your concerns. All we can do is demonstrate our commitment to the project through actions. Lets work towards a successful launch at noon est tomorrow and take it one step at a time from there.

Thank you Sony87

Sorry my skepticism but i don't follow your idea simply because when you sell all the premine you don't have more coins that will stimulate you to rise their price. You got BTC and no shit coins, what would be the point to stay and support coin that you don't own ! I like the gibberish and good taken work for the masses but i have been seeing this pattern for so long.

No apologies necessary. We are placing a buy order for 1 BTC on the market launch day. We will have buy-in. The IPO funds can be monitored through the block chain explorer. After our purchase we will post the dev wallet (purchased coins) and identify a transaction that allows all to see we are invested.

It is only fair that, as a start up, we source funding for the coin's development beyond our own pocketbooks. This is how most start-ups work :).

I believe in this coin, and I am personally allocating over 600 dollars to purchase  the coin during the IPO distribution. Beyond everything posted above, I cannot convince you anymore, nor should I feel compelled to. Honestly we have all seen our fair share of disappointment in this space, all we ask is for a chance to demonstrate. Lets let the market decide and the calibre of our launch dictate the course forward.

I really appreciate the honesty and criticism though Sony87. The crypto space needs more of it in my opinion.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: btcshop on July 01, 2014, 04:14:05 AM
Following and retweet!
@btc_shop


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: qq360 on July 01, 2014, 06:14:13 AM
Scrypt is good. Good luck.  ;D ;D ;D


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: ihascryptos on July 01, 2014, 06:46:55 AM
will we be seeing an active IRC channel with a Dev in it tomorrow?  thats what the people love :)


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: g3rszpi on July 01, 2014, 07:06:38 AM
Wallet downloaded. Followed on twitter. Retweeted.  Now waiting for pass :D
Good luck DeV


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: jc12345 on July 01, 2014, 07:12:14 AM
What is preventing the 90MHs Scrypt ASICs and large Scrypt farms to take all the coins?


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: sony87 on July 01, 2014, 07:20:14 AM
What is preventing the 90MHs Scrypt ASICs and large Scrypt farms to take all the coins?

Nothing of course :)


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: sovie on July 01, 2014, 07:41:32 AM
this is a scam if you can't see that you are a moron
I have scrypt asics and there is nothing here that
makes me want to point my rigs to mining this crap
I'm gobsmacked that there are so many peeps out
there with more money than brains ::)


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: davien on July 01, 2014, 08:33:01 AM
I follow on twitter, i re-twitt this and i have the wallet , so i only need the password. Good job dev, and i hope you will have great success.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: SquareDev on July 01, 2014, 10:04:44 AM
will we be seeing an active IRC channel with a Dev in it tomorrow?  thats what the people love :)
I'm online in the IRC room!


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: invisiblem11 on July 01, 2014, 10:21:01 AM
Why Scrypt? Go X13!


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: SquareDev on July 01, 2014, 11:04:54 AM
Wow!

So many retweets!

Keep it up folks! https://twitter.com/squarecoindev/status/483801175230533632  :D


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: SquareDev on July 01, 2014, 11:17:44 AM
Don't forget to log into the IRC channel for updates and discussion! https://kiwiirc.com/client/irc.freenode.net/squarecoin


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: SquareDev on July 01, 2014, 11:46:43 AM
For the latest updates please follow us on twitter!


https://twitter.com/squarecoindev  ;D


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: cryptoday.info on July 01, 2014, 12:27:40 PM
http://www.cryptoday.info/cryptoday.png (http://square.cryptoday.info/index.php?page=register)
Click here (http://square.cryptoday.info/index.php?page=register) and join us!
Prop 1%
VarDiff
Dedicated Server EU(Amsterdam, ams-ix)
DDos protected
pre-registration open now!


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: 103deltafox on July 01, 2014, 01:20:51 PM
this is a scam if you can't see that you are a moron
I have scrypt asics and there is nothing here that
makes me want to point my rigs to mining this crap
I'm gobsmacked that there are so many peeps out
there with more money than brains ::)

I am not sure what about this is screams "Scam" to you???

This is one of the few coins being released that has an IPO which is being handled by an exchange which it is not the parent of (lets not forget SharexCoin, which created an exchange and still scammed the members)...Bittrex is hardly looking to scam 12BTC for the sake of a new coin.

This coin chose scrypt because it is way easier for someone to slap a gridseed on this, mine it at launch, continue to mine it, and support the network when the price remains stable. Rather than force the Dev to constantly create hype or falsely offering "whatever trending service/feature" that the community demands (ie. the anonymity train that is currently leaving the station) in order to keep rigs pointed at it. An asic owner will just set it and forget it. Those of us with larger GPU rigs have to consider what we mine carefully to make sure that we meet our own ROI. We tend to mine coins that are profitable, but also skip from coin to coin to coin...

Is this coin going to make you rich overnight? No. Is this coin the new "flavor of the week?" Who knows? But even in the OP it states that they are looking to create a stable price coin... That means low volatility on trading, which means less pump and dump scenarios, which also means less profit for those looking to make a quick buck... Day traders trade on volatile markets, Whales crash prices and accumulate and then dump coins to make a profit. Ever notice how none of the "money making" coins are actually well distributed or widely used by the end consumer base?

Of course everyone wants X11, x13, x15, z25, and Q14 algos... They give more hash per rig, run cooler, make you look younger, and remove wrinkles from what I've heard ;)  But the Dev decided on scrypt...so scrypt it is. Crying about the algo is like complaining that BlackCoin or WhiteCoin could have been better if the Dev's would have chosen your specific favorite color instead...

This Dev is new (at least his screen-name here is)...So without even hitting launch, your accusing someone of something the haven't even done yet. Give them a chance! So far they have:

1. Developed a coin.
2. Announced the coin to the community.
3. Paid for involvement (in BTC mind you, not promises of portions of a premine)
4. Set a launch date.

Now, I don't see how they have scammed anyone at this point???? Do you???

Next, they are set to:

5. Have a successful launch.
6. Distribute the coins via Bittrex for a set price (This is the IPO)
7. Participate by purchasing their share of the coins like everyone else!
8. Provide support and development for the coin.

So, until the fail at one of these...how can anyone yell "Scam!" ????? So far, what has been promised has been delivered...

At least see how the launch and IPO go before FUD'ing a coin...Just because you may not have enough BTC to make a killing on this venture does not mean you have to FUD this coin before it is even launched...but that is just my opinion, and everyone is entitled to one...


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: g3rszpi on July 01, 2014, 01:25:00 PM
I'm just interested in this coin. Good name. Good promotion. Also I'm curious about Giveaways.
Let's wait and see


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: rochere on July 01, 2014, 01:44:40 PM
thanks


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: SquareDev on July 01, 2014, 02:14:55 PM
this is a scam if you can't see that you are a moron
I have scrypt asics and there is nothing here that
makes me want to point my rigs to mining this crap
I'm gobsmacked that there are so many peeps out
there with more money than brains ::)

I am not sure what about this is screams "Scam" to you???

This is one of the few coins being released that has an IPO which is being handled by an exchange which it is not the parent of (lets not forget SharexCoin, which created an exchange and still scammed the members)...Bittrex is hardly looking to scam 12BTC for the sake of a new coin.

This coin chose scrypt because it is way easier for someone to slap a gridseed on this mine, continue to mine it, and support the network when the price remains stable. Rather than constantly having to create hype or falsely offering "whatever trending service/feature" that the community demands (ie. the anonymity train that is currently leaving the station). An asic will just set it and forget it, Those of us with larger GPU rigs have to consider what we mine carefully to make sure that we meet our own ROI. We tend to mine coins that are profitable, but also skip from coin to coin to coin...

Is this coin going to make you rich overnight? No. Is this coin the new "flavor of the week?" Who knows? But even in the OP it states that they are looking to create a stable price coin... That means low volatility on trading, which means less pump and dump scenarios, which also means less profit for those looking to make a quick buck... Day traders trade on volatile markets, Whales crash prices and accumulate and then dump coins to make a profit. Ever notice how none of the "money making" coins are actually well distributed.

Of course everyone wants X11, x13, x15, z25, and Q14 algos... They give more hash per rig, run cooler, make you look younger, and remove wrinkles from what I've heard ;)  But the Dev decided on scrypt...so scrypt it is. Crying about the algo is like complaining that BlackCoin or WhiteCoin could have been better if the Dev's would have chosen your specific favorite color instead...

This Dev is new (at least his screen-name here is)...So without even hitting launch, your accusing someone of something the haven't even done yet. Give them a chance! So far they have:

1. Developed a coin.
2. Announced the coin to the community.
3. Paid for involvement (in BTC mind you, not promises of portions of a premine)
4. Set a launch date.

Now, I don't see how they have scammed anyone at this point???? Do you???

Next, they are set to:

5. Have a successful launch.
6. Distribute the coins via Bittrex for a set price (This is the IPO)
7. Participate by purchasing their share of the coins like everyone else!
8. Provide support and development for the coin.

So, until the fail at one of these...how can anyone yell "Scam!" ????? So far, what has been promised has been delivered...

At least see how the launch and IPO go before FUD'ing a coin...Just because you may not have enough BTC to make a killing on this venture does not mean you have to FUD this coin before it is even launched...but that is just my opinion, and everyone is entitled to one...

Thank you sir for that excellent analysis based on the facts at hand.

I am the lead developer of this project. I will sign out and back into the Dev account to validate. I wanted to keep the Dev account separate from my primary one for organizational purposes.





Confirmed!

Less than 2 hours to go! Don't miss the launch folks!


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: scorpio18 on July 01, 2014, 02:27:52 PM
this is a scam if you can't see that you are a moron
I have scrypt asics and there is nothing here that
makes me want to point my rigs to mining this crap
I'm gobsmacked that there are so many peeps out
there with more money than brains ::)

I am not sure what about this is screams "Scam" to you???

This is one of the few coins being released that has an IPO which is being handled by an exchange which it is not the parent of (lets not forget SharexCoin, which created an exchange and still scammed the members)...Bittrex is hardly looking to scam 12BTC for the sake of a new coin.

This coin chose scrypt because it is way easier for someone to slap a gridseed on this, mine it at launch, continue to mine it, and support the network when the price remains stable. Rather than force the Dev to constantly create hype or falsely offering "whatever trending service/feature" that the community demands (ie. the anonymity train that is currently leaving the station) in order to keep rigs pointed at it. An asic owner will just set it and forget it. Those of us with larger GPU rigs have to consider what we mine carefully to make sure that we meet our own ROI. We tend to mine coins that are profitable, but also skip from coin to coin to coin...

Is this coin going to make you rich overnight? No. Is this coin the new "flavor of the week?" Who knows? But even in the OP it states that they are looking to create a stable price coin... That means low volatility on trading, which means less pump and dump scenarios, which also means less profit for those looking to make a quick buck... Day traders trade on volatile markets, Whales crash prices and accumulate and then dump coins to make a profit. Ever notice how none of the "money making" coins are actually well distributed or widely used by the end consumer base?

Of course everyone wants X11, x13, x15, z25, and Q14 algos... They give more hash per rig, run cooler, make you look younger, and remove wrinkles from what I've heard ;)  But the Dev decided on scrypt...so scrypt it is. Crying about the algo is like complaining that BlackCoin or WhiteCoin could have been better if the Dev's would have chosen your specific favorite color instead...

This Dev is new (at least his screen-name here is)...So without even hitting launch, your accusing someone of something the haven't even done yet. Give them a chance! So far they have:

1. Developed a coin.
2. Announced the coin to the community.
3. Paid for involvement (in BTC mind you, not promises of portions of a premine)
4. Set a launch date.

Now, I don't see how they have scammed anyone at this point???? Do you???

Next, they are set to:

5. Have a successful launch.
6. Distribute the coins via Bittrex for a set price (This is the IPO)
7. Participate by purchasing their share of the coins like everyone else!
8. Provide support and development for the coin.

So, until the fail at one of these...how can anyone yell "Scam!" ????? So far, what has been promised has been delivered...

At least see how the launch and IPO go before FUD'ing a coin...Just because you may not have enough BTC to make a killing on this venture does not mean you have to FUD this coin before it is even launched...but that is just my opinion, and everyone is entitled to one...

you're right man
+1 +1  :)


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: ThatDandyMan on July 01, 2014, 02:28:43 PM
Looking forward to this coin. Hopefully Bittrex offers Squarecoin on the exchange.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: SquareDev on July 01, 2014, 02:29:31 PM
Don't be shy! Join us in the IRC Channel : https://kiwiirc.com/client/irc.freenode.net/squarecoin  :D


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! Twitter GIVEAWAY!
Post by: davien on July 01, 2014, 02:30:42 PM
this is a scam if you can't see that you are a moron
I have scrypt asics and there is nothing here that
makes me want to point my rigs to mining this crap
I'm gobsmacked that there are so many peeps out
there with more money than brains ::)

I am not sure what about this is screams "Scam" to you???

This is one of the few coins being released that has an IPO which is being handled by an exchange which it is not the parent of (lets not forget SharexCoin, which created an exchange and still scammed the members)...Bittrex is hardly looking to scam 12BTC for the sake of a new coin.

This coin chose scrypt because it is way easier for someone to slap a gridseed on this, mine it at launch, continue to mine it, and support the network when the price remains stable. Rather than force the Dev to constantly create hype or falsely offering "whatever trending service/feature" that the community demands (ie. the anonymity train that is currently leaving the station) in order to keep rigs pointed at it. An asic owner will just set it and forget it. Those of us with larger GPU rigs have to consider what we mine carefully to make sure that we meet our own ROI. We tend to mine coins that are profitable, but also skip from coin to coin to coin...

Is this coin going to make you rich overnight? No. Is this coin the new "flavor of the week?" Who knows? But even in the OP it states that they are looking to create a stable price coin... That means low volatility on trading, which means less pump and dump scenarios, which also means less profit for those looking to make a quick buck... Day traders trade on volatile markets, Whales crash prices and accumulate and then dump coins to make a profit. Ever notice how none of the "money making" coins are actually well distributed or widely used by the end consumer base?

Of course everyone wants X11, x13, x15, z25, and Q14 algos... They give more hash per rig, run cooler, make you look younger, and remove wrinkles from what I've heard ;)  But the Dev decided on scrypt...so scrypt it is. Crying about the algo is like complaining that BlackCoin or WhiteCoin could have been better if the Dev's would have chosen your specific favorite color instead...

This Dev is new (at least his screen-name here is)...So without even hitting launch, your accusing someone of something the haven't even done yet. Give them a chance! So far they have:

1. Developed a coin.
2. Announced the coin to the community.
3. Paid for involvement (in BTC mind you, not promises of portions of a premine)
4. Set a launch date.

Now, I don't see how they have scammed anyone at this point???? Do you???

Next, they are set to:

5. Have a successful launch.
6. Distribute the coins via Bittrex for a set price (This is the IPO)
7. Participate by purchasing their share of the coins like everyone else!
8. Provide support and development for the coin.

So, until the fail at one of these...how can anyone yell "Scam!" ????? So far, what has been promised has been delivered...

At least see how the launch and IPO go before FUD'ing a coin...Just because you may not have enough BTC to make a killing on this venture does not mean you have to FUD this coin before it is even launched...but that is just my opinion, and everyone is entitled to one...

very good point, hope this will make people see clearly the situation. This is a good coin, believe in Square Coin.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: SquareDev on July 01, 2014, 02:39:18 PM
Remember, either be in the IRC channel or on twitter to get the launch password. We will get the non locked wallet up shortly there after. Have your wallets downloaded. The pools are all notified.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: becausePool on July 01, 2014, 02:50:45 PM
https://becausepool.com/site_assets/global/images/becausePool2.png (https://becausepool.com/index.php?coin=sq)

SquareCoin added to becausePool

https://becausepool.com/index.php?coin=sq (https://becausepool.com/index.php?coin=sq)
stratum.becausepool.com:3397

https://becausepool.com/site_assets/global/images/mrr-logo2-sm.png (https://www.miningrigrentals.com/rigs/scrypt?ref=1729)
Rent some Scrypt hash power at http://www.miningrigrentals.com/ (https://www.miningrigrentals.com/rigs/scrypt?ref=1729)


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: Revelation on July 01, 2014, 02:55:27 PM
The fact that Bittrex is hosting the IPO doesn't mean this is not a scam. This just means that the trade will happen and there will be no scam in terms of getting the IPO coins (as with some other coins where devs didn't even bother to have the coins). However, there is nothing from precluding the devs to take their 12 bitcoins and leave the project on day 0. Was there a single IPO coin that was not a scam?


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: anarchyx914 on July 01, 2014, 02:56:17 PM
Does anyone realize this about the coin?

The IPO is going to suppress the coin price to 750 satoshi until its all gone.

750 satoshi x 150 coins (block reward) = $0.75 per block (compared to say RAZOR at $50 a block)

It's going to be cheaper to buy into the IPO than to mine. As a matter of fact, you'll likely LOSE money on electricity to mine this coin until the entire IPO is bought.

Mined earnings are contingent on the entire IPO being bought/sold, seems like a scam coin to me.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: SquareDev on July 01, 2014, 02:58:37 PM
Does anyone realize this about the coin?

The IPO is going to suppress the coin price to 750 satoshi until its all gone.

750 satoshi x 150 coins (block reward) = $0.75 per block (compared to say RAZOR at $50 a block)

It's going to be cheaper to buy into the IPO than to mine. As a matter of fact, you'll likely LOSE money on electricity to mine this coin until the entire IPO is bought.

Mined earnings are contingent on the entire IPO being bought/sold, seems like a scam coin to me.

The goal is to have the IPO distributed a few hours after the launch of the coin. This will dry up supply and drive demand. It's a different model, we will see!


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: Revelation on July 01, 2014, 03:08:17 PM
Does anyone realize this about the coin?

The IPO is going to suppress the coin price to 750 satoshi until its all gone.

750 satoshi x 150 coins (block reward) = $0.75 per block (compared to say RAZOR at $50 a block)

It's going to be cheaper to buy into the IPO than to mine. As a matter of fact, you'll likely LOSE money on electricity to mine this coin until the entire IPO is bought.

Mined earnings are contingent on the entire IPO being bought/sold, seems like a scam coin to me.

The goal is to have the IPO distributed a few hours after the launch of the coin. This will dry up supply and drive demand. It's a different model, we will see!
Do you even understand how the market works? You will dump the IPO coins on the market + miners will dump. There is no support here, pure dumping.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: ROBERTO on July 01, 2014, 03:09:38 PM
Looks interesting!

Follow you!!

Good luck for your project!


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: SquareDev on July 01, 2014, 03:11:48 PM
Does anyone realize this about the coin?

The IPO is going to suppress the coin price to 750 satoshi until its all gone.

750 satoshi x 150 coins (block reward) = $0.75 per block (compared to say RAZOR at $50 a block)

It's going to be cheaper to buy into the IPO than to mine. As a matter of fact, you'll likely LOSE money on electricity to mine this coin until the entire IPO is bought.

Mined earnings are contingent on the entire IPO being bought/sold, seems like a scam coin to me.

The goal is to have the IPO distributed a few hours after the launch of the coin. This will dry up supply and drive demand. It's a different model, we will see!
Do you even understand how the market works? You will dump the IPO coins on the market + miners will dump. There is no support here, pure dumping.

Yep I understand how it works. If there is market interest in the coin, buy orders will support the coin at 750 satoshis.

We will place the entire amount at a sell order of 750 sats. If the market is interested, they will buy.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: Leesminer on July 01, 2014, 03:14:56 PM
watching this coin, looks good so far, active dev's and the main reason is simple.....I like this so far because they have a wallet for download before launch.  Not at launch or 5 min after launch or 25 min after launch. 


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: Revelation on July 01, 2014, 03:17:44 PM
Does anyone realize this about the coin?

The IPO is going to suppress the coin price to 750 satoshi until its all gone.

750 satoshi x 150 coins (block reward) = $0.75 per block (compared to say RAZOR at $50 a block)

It's going to be cheaper to buy into the IPO than to mine. As a matter of fact, you'll likely LOSE money on electricity to mine this coin until the entire IPO is bought.

Mined earnings are contingent on the entire IPO being bought/sold, seems like a scam coin to me.

The goal is to have the IPO distributed a few hours after the launch of the coin. This will dry up supply and drive demand. It's a different model, we will see!
Do you even understand how the market works? You will dump the IPO coins on the market + miners will dump. There is no support here, pure dumping.

Yep I understand how it works. If there is market interest in the coin, buy orders will support the coin at 750 satoshis.

We will place the entire amount at a sell order of 750 sats. If the market is interested, they will buy.

What will you do with the IPO proceeds? Will there be any transparency of those bitcoins?


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: anarchyx914 on July 01, 2014, 03:18:45 PM
Does anyone realize this about the coin?

The IPO is going to suppress the coin price to 750 satoshi until its all gone.

750 satoshi x 150 coins (block reward) = $0.75 per block (compared to say RAZOR at $50 a block)

It's going to be cheaper to buy into the IPO than to mine. As a matter of fact, you'll likely LOSE money on electricity to mine this coin until the entire IPO is bought.

Mined earnings are contingent on the entire IPO being bought/sold, seems like a scam coin to me.

The goal is to have the IPO distributed a few hours after the launch of the coin. This will dry up supply and drive demand. It's a different model, we will see!

That's a big risk and gamble for investors, especially when you have all the cards stacked in your favor.  You make BTC, and they have the big potential to get screwed. The coin doesn't offer any innovation, unique features, or anything else to inspire someone to invest long term in the coin. It seems like a short sell, and there is no roadmap, no whitepaper, or anything to show the public what you are doing with the 26 BTC from IPO.

I'm pissed because I was excited for the launch, but didn't read into the structure and do some simple math :(

26 BTC

https://ip.bitcointalk.org/?u=http%3A%2F%2Fmedia.giphy.com%2Fmedia%2Fs2qXK8wAvkHTO%2Fgiphy.gif&t=541&c=LBZSvlcUZsCHSA



Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: SquareDev on July 01, 2014, 03:20:12 PM
Does anyone realize this about the coin?

The IPO is going to suppress the coin price to 750 satoshi until its all gone.

750 satoshi x 150 coins (block reward) = $0.75 per block (compared to say RAZOR at $50 a block)

It's going to be cheaper to buy into the IPO than to mine. As a matter of fact, you'll likely LOSE money on electricity to mine this coin until the entire IPO is bought.

Mined earnings are contingent on the entire IPO being bought/sold, seems like a scam coin to me.

The goal is to have the IPO distributed a few hours after the launch of the coin. This will dry up supply and drive demand. It's a different model, we will see!
Do you even understand how the market works? You will dump the IPO coins on the market + miners will dump. There is no support here, pure dumping.

Yep I understand how it works. If there is market interest in the coin, buy orders will support the coin at 750 satoshis.

We will place the entire amount at a sell order of 750 sats. If the market is interested, they will buy.

What will you do with the IPO proceeds? Will there be any transparency of those bitcoins?

Hard-wallet, professional website development (not a clone), mobile wallets etc. We accept solicitation to our email for those services and many more. We want to pay for quality development.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: Revelation on July 01, 2014, 03:26:45 PM
Does anyone realize this about the coin?

The IPO is going to suppress the coin price to 750 satoshi until its all gone.

750 satoshi x 150 coins (block reward) = $0.75 per block (compared to say RAZOR at $50 a block)

It's going to be cheaper to buy into the IPO than to mine. As a matter of fact, you'll likely LOSE money on electricity to mine this coin until the entire IPO is bought.

Mined earnings are contingent on the entire IPO being bought/sold, seems like a scam coin to me.

The goal is to have the IPO distributed a few hours after the launch of the coin. This will dry up supply and drive demand. It's a different model, we will see!
Do you even understand how the market works? You will dump the IPO coins on the market + miners will dump. There is no support here, pure dumping.

Yep I understand how it works. If there is market interest in the coin, buy orders will support the coin at 750 satoshis.

We will place the entire amount at a sell order of 750 sats. If the market is interested, they will buy.

What will you do with the IPO proceeds? Will there be any transparency of those bitcoins?

Hard-wallet, professional website development (not a clone), mobile wallets etc. We accept solicitation to our email for those services and many more. We want to pay for quality development.
Many coins have this without the IPO and/or premine. This is just a lame excuse. 26btc for those things - hmmm, please hire me, you must be paying some hefty salaries )))


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: rugrats on July 01, 2014, 03:29:38 PM
Does anyone realize this about the coin?

The IPO is going to suppress the coin price to 750 satoshi until its all gone.

750 satoshi x 150 coins (block reward) = $0.75 per block (compared to say RAZOR at $50 a block)

It's going to be cheaper to buy into the IPO than to mine. As a matter of fact, you'll likely LOSE money on electricity to mine this coin until the entire IPO is bought.

Mined earnings are contingent on the entire IPO being bought/sold, seems like a scam coin to me.

The goal is to have the IPO distributed a few hours after the launch of the coin. This will dry up supply and drive demand. It's a different model, we will see!
Do you even understand how the market works? You will dump the IPO coins on the market + miners will dump. There is no support here, pure dumping.

Yep I understand how it works. If there is market interest in the coin, buy orders will support the coin at 750 satoshis.

We will place the entire amount at a sell order of 750 sats. If the market is interested, they will buy.


What is the incentive for miners then?
70% of coins are budgeted for the 'IPCO', which means the market will be flooded with 3.5 million coins at 750 sats.
Miners will have to compete with a 70% premine.
I expect the hashrate will be really low for this - not good for a new coin, because hashrate is one of the key indicators for serious investors and whales.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: lulutis2000 on July 01, 2014, 03:34:03 PM
Just waiting


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: rbauer85 on July 01, 2014, 03:34:48 PM
I will not be mining this coin.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: SquareDev on July 01, 2014, 03:35:14 PM
Does anyone realize this about the coin?

The IPO is going to suppress the coin price to 750 satoshi until its all gone.

750 satoshi x 150 coins (block reward) = $0.75 per block (compared to say RAZOR at $50 a block)

It's going to be cheaper to buy into the IPO than to mine. As a matter of fact, you'll likely LOSE money on electricity to mine this coin until the entire IPO is bought.

Mined earnings are contingent on the entire IPO being bought/sold, seems like a scam coin to me.

The goal is to have the IPO distributed a few hours after the launch of the coin. This will dry up supply and drive demand. It's a different model, we will see!
Do you even understand how the market works? You will dump the IPO coins on the market + miners will dump. There is no support here, pure dumping.

Yep I understand how it works. If there is market interest in the coin, buy orders will support the coin at 750 satoshis.

We will place the entire amount at a sell order of 750 sats. If the market is interested, they will buy.

What will you do with the IPO proceeds? Will there be any transparency of those bitcoins?

Hard-wallet, professional website development (not a clone), mobile wallets etc. We accept solicitation to our email for those services and many more. We want to pay for quality development.
Many coins have this without the IPO and/or premine. This is just a lame excuse. 26btc for those things - hmmm, please hire me, you must be paying some hefty salaries )))

If your qualified and can produce a quality product, please contact us at squarecoin@outlook.com

Make sure to be watching twitter https://twitter.com/squarecoindev and IRC https://kiwiirc.com/client/irc.freenode.net/squarecoin for the wallet password at launch!


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: Revelation on July 01, 2014, 03:42:17 PM
Does anyone realize this about the coin?

The IPO is going to suppress the coin price to 750 satoshi until its all gone.

750 satoshi x 150 coins (block reward) = $0.75 per block (compared to say RAZOR at $50 a block)

It's going to be cheaper to buy into the IPO than to mine. As a matter of fact, you'll likely LOSE money on electricity to mine this coin until the entire IPO is bought.

Mined earnings are contingent on the entire IPO being bought/sold, seems like a scam coin to me.

The goal is to have the IPO distributed a few hours after the launch of the coin. This will dry up supply and drive demand. It's a different model, we will see!
Do you even understand how the market works? You will dump the IPO coins on the market + miners will dump. There is no support here, pure dumping.

Yep I understand how it works. If there is market interest in the coin, buy orders will support the coin at 750 satoshis.

We will place the entire amount at a sell order of 750 sats. If the market is interested, they will buy.


What is the incentive for miners then?
70% of coins are budgeted for the 'IPCO', which means the market will be flooded with 3.5 million coins at 750 sats.
Miners will have to compete with a 70% premine.
I expect the hashrate will be really low for this - not good for a new coin, because hashrate is one of the key indicators for serious investors and whales.
wow, this is really ridiculous. Why has Bittrex agreed to list this scam? The guy is selling 3.5mln coins out of total 5mln. It is better to have these 3.5mln as a premine, at least there is some chance that the dev will have some reasons to support the coin, but man, he is selling almost all of the supply on the market and people are ok with this?


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: Gibcity on July 01, 2014, 03:48:01 PM
Does anyone realize this about the coin?

The IPO is going to suppress the coin price to 750 satoshi until its all gone.

750 satoshi x 150 coins (block reward) = $0.75 per block (compared to say RAZOR at $50 a block)

It's going to be cheaper to buy into the IPO than to mine. As a matter of fact, you'll likely LOSE money on electricity to mine this coin until the entire IPO is bought.

Mined earnings are contingent on the entire IPO being bought/sold, seems like a scam coin to me.

The goal is to have the IPO distributed a few hours after the launch of the coin. This will dry up supply and drive demand. It's a different model, we will see!
Do you even understand how the market works? You will dump the IPO coins on the market + miners will dump. There is no support here, pure dumping.

Yep I understand how it works. If there is market interest in the coin, buy orders will support the coin at 750 satoshis.

We will place the entire amount at a sell order of 750 sats. If the market is interested, they will buy.


What is the incentive for miners then?
70% of coins are budgeted for the 'IPCO', which means the market will be flooded with 3.5 million coins at 750 sats.
Miners will have to compete with a 70% premine.
I expect the hashrate will be really low for this - not good for a new coin, because hashrate is one of the key indicators for serious investors and whales.

LOL like sync?  ::)


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: SquareDev on July 01, 2014, 03:59:50 PM
Password: relax5542


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: czvezda on July 01, 2014, 04:03:24 PM
nodes?


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: lulutis2000 on July 01, 2014, 04:05:23 PM
nodes?

see the conf


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: minerpools on July 01, 2014, 04:06:03 PM
http://square.minerpools.com is up and running GO GO GO GO!!!


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: becausePool on July 01, 2014, 04:06:36 PM
https://becausepool.com/site_assets/global/images/becausePool2.png (https://becausepool.com/index.php?coin=sq)

We are live!

https://becausepool.com/index.php?coin=sq (https://becausepool.com/index.php?coin=sq)
stratum.becausepool.com:3397

https://becausepool.com/site_assets/global/images/mrr-logo2-sm.png (https://www.miningrigrentals.com/rigs/scrypt?ref=1729)
Rent some Scrypt hash power at http://www.miningrigrentals.com/ (https://www.miningrigrentals.com/rigs/scrypt?ref=1729)


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: vanish9 on July 01, 2014, 04:06:42 PM
http://Square.pool.mn/ is up and running! Hop in!

http://pool.mn/Themes/Dilber/images/theme/logo.png (http://Square.pool.mn/)
webchat support (https://kiwiirc.com/client/irc.freenode.net/##pool.mn)
team.pool.mn@gmail.com (team.pool.mn@gmail.com)


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: mycryptocoin on July 01, 2014, 04:06:53 PM
WARNING: CRAPCOIN.

Coin compiles as litecoind. Only newbie devs do this kind of stuff.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: ocminer on July 01, 2014, 04:07:26 PM
https://becausepool.com/site_assets/global/images/becausePool2.png (https://becausepool.com/index.php?coin=sq)

We are live!

https://becausepool.com/index.php?coin=sq (https://becausepool.com/index.php?coin=sq)
stratum.becausepool.com:3397

https://becausepool.com/site_assets/global/images/mrr-logo2-sm.png (https://www.miningrigrentals.com/rigs/scrypt?ref=1729)
Rent some Scrypt hash power at http://www.miningrigrentals.com/ (https://www.miningrigrentals.com/rigs/scrypt?ref=1729)

you're really doing good for the last launches... very quick ! nice :)


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: cryptoday.info on July 01, 2014, 04:08:00 PM
http://www.cryptoday.info/cryptoday.png (http://square.cryptoday.info/index.php?page=register)
Click here (http://square.cryptoday.info/index.php?page=register) and join us!
Prop 1%
VarDiff
Dedicated Server EU(Amsterdam, ams-ix)
DDos protected

We are up and running !!!

GO GO GO


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: lulutis2000 on July 01, 2014, 04:10:23 PM
I'm in a different block...i forked the coin :(


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: UniMatrixZ on July 01, 2014, 04:11:35 PM
What's up with pool.mn only getting rejects????


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: Vilchaco on July 01, 2014, 04:11:54 PM
http://square.minerpools.com is up and running GO GO GO GO!!!

100% rejects


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: bttpanda on July 01, 2014, 04:12:14 PM
Failure of emission wallet bifurcation huge orphan re-launch!


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: dwiier656 on July 01, 2014, 04:12:27 PM
All false block ???


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: lulutis2000 on July 01, 2014, 04:12:48 PM
I'm in a different block...i forked the coin :(

http://i57.tinypic.com/2n8x6w6.png


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: Oldriga on July 01, 2014, 04:13:05 PM
WTF? Rejected or stale share detected


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 ! CALLING ALL POOLS!
Post by: scorpio18 on July 01, 2014, 04:14:17 PM
https://i.imgur.com/dSAlr80.png
Square Pool
http://square.coin-miners.info/
IS UP!GO GO GO!

1% Pool Fee / PROP payout system
Stratum with vardiff.
Stable SSD Server, DDOS protection.
Cashout are processed every minute.
Support at #COINMINERS freenode channel : https://webchat.freenode.net/?channels=#COINMINERS

Point your miners at: stratum+tcp://square.coin-miners.info:3361

https://becausepool.com/site_assets/global/images/mrr-logo2-sm.png (http://www.miningrigrentals.com/register?ref=2339)
Rent some scrypt hash power at

http://www.miningrigrentals.com/ (https://www.miningrigrentals.com/rigs/scrypt?ref=2339)




Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: Badman0316 on July 01, 2014, 04:17:01 PM
no difficult adjust?


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: UniMatrixZ on July 01, 2014, 04:17:39 PM
I'm out, nearly 100% rejects.....


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: czvezda on July 01, 2014, 04:18:07 PM
Difficulty is not readjusting, too many blocks per second.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: Rage19420 on July 01, 2014, 04:19:02 PM
Difficulty is not readjusting, too many blocks per second.

lol Wicked yesterday, Square today...sigh.  :-[


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: Leesminer on July 01, 2014, 04:19:13 PM
wallet now out of sync?  anyone else?


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: totoy on July 01, 2014, 04:20:19 PM
wallet now out of sync?  anyone else?
+1


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: lulutis2000 on July 01, 2014, 04:20:22 PM

Dev tell me anything about that...


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: Badman0316 on July 01, 2014, 04:20:38 PM
Difficulty is not readjusting, too many blocks per second.

lol Wicked yesterday, Square today...sigh.  :-[

Fail coin!


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: Zeloin on July 01, 2014, 04:21:08 PM
Stop mining. 100% rejected.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: Vilchaco on July 01, 2014, 04:21:39 PM
Worst launch ever xD


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: Badman0316 on July 01, 2014, 04:23:18 PM
Not Proof of work.
IS Proof of luck ;D


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: Rage19420 on July 01, 2014, 04:24:06 PM
Worst launch ever xD

No worst launch ever was yesterdays WICKED coin. This one is coming very close.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: SMith777 on July 01, 2014, 04:24:41 PM
3000 blocks for only 20 min  ;D
Diff is 0.0002  ::)


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: SquareDev on July 01, 2014, 04:26:08 PM
Sorry everyone. Coin died. I let everyone down :(


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: czvezda on July 01, 2014, 04:26:52 PM
I have shut down POOL.MN stratum until the dev decides what he wants to do. There is no point to mine if difficulty is not readjusting.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: Rage19420 on July 01, 2014, 04:27:17 PM
Sorry everyone. Coin died. I let everyone down :(

Relaunch?


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: dwiier656 on July 01, 2014, 04:32:38 PM
http://b278.photo.store.qq.com/psb?/V1135O903T02zz/KOuf9*pWY0Uj8VVM4HSgri4ogkffLI6607QVy6Tg7vk!/b/dIMWuKW2HwAA&bo=*ACmAAAAAAACAH4!&from=photolist&rf=viewer_4 ;D


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: ocminer on July 01, 2014, 04:33:04 PM
My feeling was right :-)

http://media.giphy.com/media/uOqyDdAwZcYFO/giphy.gif


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: becausePool on July 01, 2014, 04:33:21 PM
We have shutdown becausePool's stratum server because coin difficulty is not readjusting.  We will be there if/when a relaunch occurs.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: Revelation on July 01, 2014, 04:33:28 PM
Sorry everyone. Coin died. I let everyone down :(
Good, you didn't manage to steal from IPO investors due to your own incompetence. I wish all shitcoins were like this  ;D


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: Leesminer on July 01, 2014, 04:34:21 PM
shame I was excited for this coin....guess I will need to keep my eye on woodchuck and MJ(re-launch) until this coin possibly re-launches.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: bttpanda on July 01, 2014, 04:35:11 PM

Congratulation ;D ;D ;D


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: Samuray on July 01, 2014, 04:35:30 PM
oouups!!!


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: davien on July 01, 2014, 04:35:48 PM
i had big faith in this....fail coin. hope it can be re-lauched.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: ocminer on July 01, 2014, 04:35:53 PM
shame I was excited for this coin....guess I will need to keep my eye on woodchuck and MJ(re-launch) until this coin possibly re-launches.

Simply wait for a decent coin


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: scorpio18 on July 01, 2014, 04:36:09 PM
We stop the stratum on COINMINERS until the dev fix this :)


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: minerpools on July 01, 2014, 04:37:37 PM
We've stopped stratum too and will wait for a fix.


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: ROBERTO on July 01, 2014, 04:37:54 PM
First on page 10!  ;D


Title: Re: {ANN} Square - POW/Dist Hybrid 5 M Total - Launch 07/01/14 12 PM EST SHARP!
Post by: CryptoPleb on July 01, 2014, 04:38:17 PM
Lucky darkcoins still cheap so I can buy my drk back