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Ill be back online in a few hours to update (i work long hours but im trying my hardest to keep this up to date)
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All updated, be back on later*
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OP refuses to send first.
As I clearly stated before I will only send first to trusted member with long history and more post count, I may even send first to somone like you, but unlikely, I dont know what your trying to accomplish saying I wont send first......? lol I will update the doc soon, gotta work. |
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Pretty sure I read that Satoshi pre-mined 800,000 Bitcoins. They are still sitting in the same wallet. I know a few people are watching that wallet to see if any ever get spent so they can try to figure out who he really is.
Nice* |
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When I see premine, I immediately think scamcoin.
So, you think BTC and LTC are scamcoins? BTC and LTC weren't premined, you moron. - "Litecoin will come with 150 premined coins:" -that we know of. Again, do some reading before calling people "morons". |
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When I see premine, I immediately think scamcoin.
So, you think BTC and LTC are scamcoins? BTC and LTC weren't premined, you moron. They were, LTC states that in their launch thread, look it up... And we all agree Satoshi was a genius, why the hell wouldnt he have pre-mined any? |
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China is the worlds largest economy, greatest power. They can crush the U.S. like a roach at any time.
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When I see premine, I immediately think scamcoin.
So, you think BTC and LTC are scamcoins? |
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I would have to say it would all be dependant on the coin, and what changes it brings to the table. If the coin is like 99% of the other alt coins announced here, where the developer copies a coin, and maybe changes 1-2 parameters, then launches it, they don't deserve any more then the people mining the coin. No additional bonuses.
If they truly bring something new and innovative to the table, then yes they probably deserve some sort of additional payout. Only 4-5 coins in my mind stand out as truly innovative. Bitcoin, Litecoin (To popularize Scrypt, I know it wasn't the first to use it), PPCoin (PoS), Novacoin??? Maybe (LiteCoin/PPCoin hybrid). Others that I am leaning towards are PrimeCoin (first to use hash power for scientific research) and eMunie (only because I don't quite understand what it is/how it works yet.)
I personally don't mind premined coins, when the coins are destined for things such as a coin mixing service, or as bonuses or prizes to get people onboard. If a coin is truly successful, it would probably get a lot of donations. Heck even this forum has enough donations/ads that they need people to hold funds. I have seen a lot of development donation funds from some of the big and small coin developers.
Lastly, the idea of giving a percentage of coins back to the developer. For the most part, I will not mine a coin with that philosophy. But for the most part it has to do with the developer, what they are doing, and what the donation is. When I look at a coin like Zenith Coin, I shake my head. Developer wants 50% of all coins mined, doesn't really seem to be doing much developing, and from what I could tell seemed like a troll of the forums. Although I admit, it was confusing because for the longest time it seemed like 2 people both claimed to be the head developer of the coin. Not sure if someone that was a dick tried to take it over by force or what was going on, but those 3 factors insured I would never mine that one. If on the other hand someone had a 5% donation to developer, and they were actively developing/pushing to get businesses to use their coin, I would be all for it. I would even consider a 25% donation if the developer really showed he was trying to get the coin to take off.
I still maintain, the biggest easiest market for a coin to get some real value behind it would be to work out a deal with a Free to play (Microtransactions) payment option. When I look at the games I play, there are usually 15+ ways you can pay for micro transactions. If Cryptocurrency can't even push the idea into a business where they sell virtual merchandise with no risk to the vendor, then we should all give up on the idea a cryptocurrency would ever be used as a regular form of payment. If a developer was seen to really be pushing/rallying some of the companies to accept their coin (in a billion dollar virtual industry), it would help the coin, and give value to paying them a % or good donation. 99% of the alt coins developers seem content with small gambling places, 1-2 sextoy stores and possibly a store or 2 selling Steam codes. That's not the innovation I am looking for when I want to go all out for a currency.
Wow, got a lot to say about it hu...... Personally I could care less about premine, I just dont care, as long as network and devs show they are truly behind its success, plain and simple. |
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Google docs is up, as most of you have seen... getting sell orders but is anyone other than me buying?
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And remember kids, don't use drugs.
+1 |
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If you look back in his posting history/trust a bit, I suspect this is a reincarnation of Breen2543's. Possibly cryto4rig as well. I could be wrong, but yeah anyone thinking about doing business with this guy should probably do their homework.
I did have small trades with breen and rouf, then shortly after they tried to scam me, probably just building up and probably the same user for sure. Had a decent trade with cryto, so I dont know about him. |
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Also, if you are selling, please only post if your XPM's are mature.
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Can we use a LTC per coin price instead? it would make my life a lot easier. I have 20 spendable coins right this moment.
Considering people have coins in the hundreds, I think were ok for now, but if you only have 20 just post how much LTC you want for it and itll go into the exchange, people will know how much you want to sell at what price  |
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buying 500 xpm - 17.5/100xpm
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Going by this rate, this would value Sunny Kings idea at $15,000. For two days of coins, it's pretty high, no? Of course I understand it's low for miners who actually would prefer to keep their coins at that price - especially since it required time to understand and set up. That seems really, really, really low. You've got a very low production rate of XPMs
It's not especially low. It's still at 19 coins per block, from a starting 20. Remember it's not the coins that matter, it's the idea and the network that has value. The idea of a potentially scientifically valuable output is new, and potentially valuable. everyone has their own opinion, remember, people out their think coins like bottlecaps and megacoin etc.... are innovative and valuable... |
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