We have kept only 0.5% for IPO to avoid dumping from any investors.
Do the math!If you have 0.5% IPO and you get 10 BTC for the IPO, costing, on average 0.01 BCC/BTC, then you've given away only 100 BCC. Then, you take 50% of the total coin (31,780,920 BCC) and give it away to say 1,000 people, each will get 31,780 BCC. If there were 10 people in the IPO, then each would only have 10 BCC for their investment. That's nothing compared to the 31,780 BCC, and the IPO money would have been better spent elsewhere. From where did you get the 1,000 people? This might help: https://bitcointalk.org/index.php?action=mlist(I had BCC/BTC upside down originally.) Look, there is no way you are going to get more than 1,000 people for the air drop. You simply won't be able to do it. |
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Raise the IPO to 35% and then split the IPO coins according to investment.
Thanks for the suggestion but such an IPO will just kill the coin because of massive dumping from the investors. [/quote] So you just want to take the investor money to pump your coin. There's no way an investor is going to get back the investment. |
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I suggest the IPO price should be 1/1000 of current one.
We expect a 18,000,000$ market cap at launch. The current price is pretty good considering this. So you are artificially raising the price to inflate the market cap. I might have to bust out the "s" word pretty soon. |
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I suggest the IPO price should be 1/1000 of current one.
Yeah, that may make sense. |
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We have kept only 0.5% for IPO to avoid dumping from any investors.
Do the math!If you have 0.5% IPO and you get 10 BTC for the IPO, costing, on average 0.01 BTC/BCC, then you've given away only 100 BCC. Then, you take 50% of the total coin (31,780,920 BCC) and give it away to say 1,000 people, each will get 31,780 BCC. If there were 10 people in the IPO, then each would only have 10 BCC for their investment. That's nothing compared to the 31,780 BCC, and the IPO money would have been better spent elsewhere. |
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IPO Stage 1 closes in about 31 hours.
Current Stats:
2 Investors
0.27402399 BTC Total Investment
after calculation, you have to raise thousands of BTC in IPO to reach 0.5%. that is impossible. did i miss something? No. You nailed it. |
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IPO Stage 1 closes in about 31 hours.
Current Stats:
2 Investors
0.27402399 BTC Total Investment
after calculation, you have to raise thousands of BTC in IPO to reach 0.5%. that is impossible. did i miss something? The coin will launch even if the IPO is not completely sold. Whatever coins remain, we will add them to the airdrop coins. |
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IPO Stage 1 closes in about 31 hours.
Current Stats:
2 Investors
0.27402399 BTC Total Investment
Do the math. We are better off skipping the IPO (0.5%) and getting coins in the airdrop (50%).You need at least 1000 times more people participating in the giveaway than in the IPO for the IPO to even coming close to being worth it. Raise the IPO to 35% and then you might have something. |
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im in with BCC........they have an escrow and are giving much more to the members here (no 100 post requirement!) Do the math. You are better off skipping the IPO (0.5%) and getting coins in the general giveaway (50%). You need at least 1000 times more people participating in the giveaway than in the IPO for the IPO to even coming close to being worth it. Raise the IPO to 35% and then you might have something. |
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hello, i just wanted to launch the wallet but mac OSX wallet doesnt work in any way
wrong (no) icon and just crash immeditly after launch . . .
plz fix as soon as possible
right now its impossible for mac users to take part which sux hard . . . .
thanks!
I'll post a working mac wallet at about 15:00 GMT tonight when I get a chance. Maybe the devs will hook me up with a bounty for doing it.  |
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Does anyone else have a poor connection to the network?
Does anyone want to participate in a community fix?
I am not able to connect anymore. What is a community fix? I will release new wallets and source code that fix the problems of this coin, which are: 1. poor connections 2. PoW not stopping The wallets will also have better features. Most of the community would need to update to these wallets. Then I get the exchanges to adopt the wallets. All previous transactions in the blockchain are valid up until the longest chain of those who switch to the new wallets. The original dev will lose control of the coin, but at least the coin will live. This coin is dying because no one can connect to the network any more. Who's on board? |
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2 bitcointalkcoin? The other, BCC, will take your BTC for a small piece of an 0.5% pie, then give 50% (100 times the IPO) away to only those members of bitcointalk who specifically request the coin. What happens when 200 go after the IPO and 2000 ask for the airdrop? It's poorly thought out. At least BCT has some thinking behind it. |
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This coin has the dogecoin bug.
1. The the total number of coins is technically unlimited.
2. About 5 million will be minted total until the block reward goes to 1 coin.
3. The way it is coded makes the block reward stay at 1 indefinitely.
4. All blocks with a reward greater than 1 coin will be mined within the first year.
5. After that, 500,000 coins will be mined per year.
Do the devs know this? Will this coin end up like doge?
Dear tx42, Thanks for your spotting. The fix is EASY: change the first line of GetBlockValue in main.cpp to have "0" instead of "1": int64 static GetBlockValue(int nHeight, int64 nFees, unsigned int nBits)
{
int64 nSubsidy = 0; // <=== THAT SHOULD BE ZERO (0)
if (nHeight <=10 ) { nSubsidy = 250000 * COIN; } /* For Premine */
else if (nHeight <= 2000) { nSubsidy = 2 * COIN; } /* Control Flow */
else if (nHeight <= 100000) { nSubsidy = 9 * COIN; }
else if (nHeight <= 200000) { nSubsidy = 7 * COIN; }
else if (nHeight <= 300000) { nSubsidy = 6 * COIN; }
else if (nHeight <= 400000) { nSubsidy = 3 * COIN; }
else if (nHeight <= 414048) { nSubsidy = 1 * COIN; }
return nSubsidy + nFees;
}
Thanks for fixing this! |
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This coin has the dogecoin bug.
1. The the total number of coins is technically unlimited.
2. About 5 million will be minted total until the block reward goes to 1 coin.
3. The way it is coded makes the block reward stay at 1 indefinitely.
4. All blocks with a reward greater than 1 coin will be mined within the first year.
5. After that, 500,000 coins will be mined per year.
Do the devs know this? Will this coin end up like doge?
So how doge ended up? Isnt it still at top 10 coinmarketcap? When the devs decided not to fix the bug, it dropped about 50% in a day. |
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Algorithm: POW+POS (Scrypt)
Maximum BCC: 63,561,840
Block Time: 60 seconds
Block 2 - 200 Reward: 1 BCC (Avoiding instamine)
Block Reward: 20 BCC
Difficulty Retarget: Every 10 blocks
Block Halving Rate: Every 6 months
POS: 15%
IPO: 0.5%
Premine: 0.5%
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There's another coin named BCC:
This one is BCT, not BCC. |
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Does anyone else have a poor connection to the network?
Does anyone want to participate in a community fix?
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This coin has the dogecoin bug.
1. The the total number of coins is technically unlimited.
2. About 5 million will be minted total until the block reward goes to 1 coin.
3. The way it is coded makes the block reward stay at 1 indefinitely.
4. All blocks with a reward greater than 1 coin will be mined within the first year.
5. After that, 500,000 coins will be mined per year.
Do the devs know this? Will this coin end up like doge?
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Just updated the wallet and the conf and I have 3 active connections now. It's synching  |
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