Hi everyone

I don't see stage 1 shrinking. Number 1 is still at 223,744,408. It was the same 1 hour ago. Can you give me example?

thanks

Reddcoin

Hi

It should not go down. Let me check in the next hours to make sure, I let you know. All transaction are registered so it's not a problem.

thanks

Reddcoin

Press release is out!

http://www.prweb.com/releases/2014/02/prweb11546631.htm

Reddcoin

Hi everyone,

I'm back and I fix 2 transactions that were stuck with blockchain.info. Stage one is now final.

Stay tune for release soon!

Reddcoin

Stage one is close, thanks to everyone who got in! We are currently at 55.32399750 BTC pledged from 245 investors.

So tomorrow I will look at every transaction to make sure everything is fine. I know at least 1 transaction (0.3 btc) didn't go thru and is still on blockchain.info side.

If there is a problem with your investment, send me an email and I will look at it first thing tomorrow morning.

support@reddcoin.com

See you tomorrow for the release.

thanks

Reddcoin

We receive an email from an investor telling us is payment was sent but is not receive on our side. Sometime this happen with blockchain.info and they take longer to forward to us.

Tomorrow, I will go thru every transaction received after stage one is close and check the time it was sent to blockchain.info. I will use this time to fix the transaction and make sure you get in stage one if you send before closing time. Keep in mind the result for stage one won't be final until tomorrow.

Thanks

Reddcoin

Yes you can, see our FAQ for detailed instructions. You might want to test with another coin to make sure everything is working because it can be tricky.

thanks

Reddcoin

Hi

Nobody know the release time, even the pool operator. I do this to make sure we don't crash anything while everyone try to download at the same time. What you can do is pre register with the pool, set your miner and when they will be ready, your mining rig will switch to Reddcoin.

thanks

Reddcoin

You can visit this website for PST time.

http://wwp.greenwichmeantime.com/time-zone/usa/pacific-time/

Thanks

Reddcoin

Hi

Reddcoin and the wallet will be release on February 2nd between 10 AM PST AND 2 PM PST.

thanks

Reddcoin

Hi everyone,

Sorry for being late to the discussion. I tought about this and here is what I think could be a good compromise. We really need your help in the next weeks and we need to work together so let me know what you all think.

I'm ready to bring the reward for stage one to 2.2 billion. This is twice the current amount of 1.1 billion. This would left only 3.25 billion for the second stage and would give a huge avantage to stage one investors.

Let me know what you think, we need to start working together on this if we all want to succeed.

thank you for your support

Reddcoin

Hi

We will protect investors by doing everything we can do to increase coin value in the future. We understand a weighted system may not be the best choice for everyone but we decided to do this to encourage competition between investors. Of course, we want more investors to develop our project. You are still getting RDD for really cheap, currently under 1 Satochi. It will increase in the next hours but at the same time, the value of the coins you are getting increase.

Investors in stage two will get RDD for a lot more that 1 Satoshi. Stage two will set a base price for Reddcoin. I don't believe anyone will be looking to sell under what they pay during the IPCO.

Reddcoin

Hi everyone,

We understand you are worry about your investment. Unfortunately, we have no way to prove at 100% our intentions in the future. We have present our plan and we try to be transparent about everything we do.

We use blockchain.info to receive the payment because it's the only way we can track who is sending the payment.  Without unique address, we are not able to know where payment are coming from. Every website use this method to receive bitcoin payment from their customer.

Also, we have no way to answer your requests 24/7 as we can't be in front our computer all the time. Please allow us 12 hours before receiving a reply. We are truly doing our best.

As stated yesterday, I will give a more accurate time range where we will release Reddcoin tomorrow. Release will be done between 10 AM PST AND 2 PM PST. Both windows wallet and source code will be release at the same time. You can visit our website to get more info.  

Thanks for your support

Reddcoin

Doge is currently at 187 Satoshi for 100 billion coins.

Reddcoin

We will give a more accurate time range tomorrow.

Reddcoin

Difficulty adjustment make it so there only 1 block per minute, for everyone.

You can still wait until february 15th to get in but you won't be in stage one. You guys ask me to add stage one to reward early investor and I did. If you don't want to be in stage one, you should wait until february 15th to invest as the only incentive to invest early is stage one. There won't be any more refund after january 31st as already stated.

Reddcoin

Hi everyone,

Please keep this in mind: The value of your investment doesn't change when more people join the IPCO. You will get less coin, but every time someone joins the IPCO, the coin value increases.

In the next weeks, the market will regulate the coin price in 2 different ways. First, how much everyone pays for it during the IPCO and second, how easy it is to mine.

If you receive less coins for the same investment during the IPCO, they will be worth more. You pay the same amount and you receive less so you obviously believe they are worth more. Everyone will have to pay more for their coins so they will be looking to sell them for more. This is simple economics, supply and demand.

It's the same for miners. The more miners who mining Reddcoin, the less reward they will receive when they find a block. Having a lot of miners will lower supply and increase coin value.

Our job in the next weeks will be to have more miners. This will be the only way to increase coin value in the short term. To make this happen, we have to work together so more miners get on board and mine Reddcoin.

Then, our next plan will kick in during the coming months and continue to grow the demand for RDD in the cryptocommunity and most importantly - social networks.

Reddcoin

I like your maths, and you gave me an idea for the result page, thanks!

Reddcoin

Hi Prouted,

Did you look in your spam folder?

Thanks for your support.

Reddcoin

No. As already stated, all coins from the IPCO will be released to investors during a period of 90 days following IPCO close (1.111% every day).

Thanks

Reddcoin