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1301  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★ on: July 17, 2014, 04:03:36 PM
@btcdrak  I'm still waiting for an Official Statement concerning:

1)  Your personal investments in the Viacoin presale 
2)  Any quid pro quo arrangements you made with a friend (or 3rd party) to invest in the Viacoin presale

You DID NOT directly address these questions before...I'm looking for simple, clear, and straightforward answers to go on the record.

I'm not going anywhere...the sooner you answer these 2 questions, the sooner I'll leave.

Who here really cares if a dev decided to invest in a public IPO that he made? As long as it's his own money and not allocated to the VIA project, I see no wrong in dipping in. All coins are fairly sent to investors and proof is on the ledger and blockchain.

Well I could case. If the BTC is all going into btcdrake's pocket, then his "investment" isn't that at all. It is just a ploy to raise the price of the coin and give him a share for free.

Now, if the BTC all goes into a fund for futured development, I guess it's not as much a big deal. however, I don't recall him saying anything about what happens to the investment BTC excepet that it goes into his pocket. $360,000 is no small amount of money.
1302  Economy / Services / Re: I was hacked (1170btc stolen) - 500btc max BOUNTY on: July 17, 2014, 04:33:00 AM
So are you saying that bitmixer has to be aware of "stolen bitcoins" why the hell does he need to care where the bitcoins are coming from?,

Absolutely. He is dealing with money, and stolen money. He needs to keep a record. If not, he he would be liable both criminally and civil lawsuit.  bitmixer should  hope that he isn't in the US. If he was, he would get in trouble (serious trouble) someday. Eve if he isn't in the US, his funds/ personal bank accounts can be frozen by the US govt

http://en.wikipedia.org/wiki/Money_Laundering_Control_Act

According to the US, bitcoin is not currency or money. It is an asset.
1303  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 16, 2014, 08:39:38 PM
About 113,000 without taking bonuses into account.

less than that.

400 shares with 114864 coins each...........  ~45.9million
200 shares with 113981 coins each..........   ~22.4million
150 shares with 113097 coins each..........   ~16.9million
total.....................................................~85 million


You say "less than that" and then determine a higher amount even for those with the smallest bonus.

Anyway... close enough.
1304  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 16, 2014, 08:34:42 PM
If the investment was made on day 1 (30% bonus), in that event 30% of 133,333 = 40,000 Crypti = 173,333 in total

Just remember, the bonus isn't calculated on the CRY amount but the original BTC investment, then prorated after that.

Still, around 110k CRY per BTC is a close enough estimate. I'm sure the exact ledger will be out soon enough.
1305  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield on: July 16, 2014, 08:23:30 PM
FYI: Peercoin was one of the first and their site explains it pretty well. Here is a bit about minting and coin age:

http://www.peercoin.net/minting

1306  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FIMKrypto: NXT spinoff 30s blocks, POW-like rewards, national income *FIMK on: July 16, 2014, 08:18:09 PM
i ve been forging now for several hours.
how long does it take until payouts start?

There aren't "payouts". If you forge a block you will get any tx fees in the block and a block reward, which is currently 200 FIM.

Don't you see a time estimate on your Forge box on the dashboard? That estiamtes how long until you forge a block. But, it's an ESTIMATE, so don't 100% expect it.
1307  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★ on: July 16, 2014, 08:15:27 PM
I imported my paper wallet, didn't think it would affect anything, hopefully it doesn't.
The address stayed the same.

My paper wallet will stay a paper wallet. I'm a HODL on this coin.
1308  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield on: July 16, 2014, 07:26:59 PM
I think a 24-48 hour minimum coin age would be appropriate.

For max coin age, I would say somewhere around 7-10 days. Although, maybe that is a bit too long. We want people to keep there nodes running.

I think one thing that would help is allowing a locked wallet to stake. Not all coins allow this, and keeping an unlocked wallet running on your PC is quite risky even with a good strong PC password and ensuring you are locking your PC whenever you walk away from it, even at home.

Why wouldn't a coin allow a locked wallet?

The wallets do allow locking (encryption).

Most PoS wallets need to be unlocked to stake. The reason is that the wallet is creating a block, so it has to be signed. In order to be signed, the software needs access to the private key. The wallet has no access to the private key while it is locked.

Remember, with PoS wallets (nodes) are creating all the blocks.

I think Qora recently added this feature, but I'm not sure how it works. I can only think somehow the wallet has to have the PK stored somewhere. I guess it can be done using the build in OS encryption.... but it does seem to lower security a bit.
1309  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 16, 2014, 07:10:54 PM
Do we know how many coins will be distributed for a btc to the first day buyers?

About 113,000 without taking bonuses into account.
1310  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield on: July 16, 2014, 07:03:47 PM
I think a 24-48 hour minimum coin age would be appropriate.

For max coin age, I would say somewhere around 7-10 days. Although, maybe that is a bit too long. We want people to keep there nodes running.

I think one thing that would help is allowing a locked wallet to stake. Not all coins allow this, and keeping an unlocked wallet running on your PC is quite risky even with a good strong PC password and ensuring you are locking your PC whenever you walk away from it, even at home.
1311  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: July 16, 2014, 06:56:33 PM
Anyone tried coinomat for USD to Nxt conversions yet?  Grin

I looked at it, but the price seems quite a bit too high for me.
1312  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: July 16, 2014, 06:08:12 PM
Maybe you have been shadowbanned and none of us can see you acting out emotionally?

FUCK A SHADOWBAN...  BAN ME...  GET IT OVER WITH...  I ALREADY CHECKED FOR A DELETE ACCOUNT BUTTON BUT I COULDN'T FIND IT.

Why is this so important? Just delete your password from you password manager and don't go back to the forum. Ban yourself.
1313  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 16, 2014, 06:06:39 PM
I'm curious, by what measurement would you consider yourself the "top" crytpo coin?

Are you talking about market cap, or number of transactions per hour, or number of merchants accepting the coin?
1314  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield on: July 16, 2014, 06:03:53 PM

On this moment my greatest fear are the exchanges. Every time again the BS comes from them. What I don't understand is why they can't or won't make their security up to the level where it should be.

I agree 100%.  The exchanges become part of your network, and your only as strong as your weakest link.

I don't know if its possible to have some sort of agreement with them on a standard for how much they need to keep in cold storage all the time, but there should be some guidelines. 

Securing these links should be the biggest concern.  Anyone ever tried to get Naut on BTCe?  A lot of people have bad things to say about them, but I have used all exchanges and they are the most secure.

Could an alert system could work? A spike in coins created would imply one of the exchanges is staking coins for example. Running algos on multiple exchanges might spread things out too and some might appreciate the volume.

The coin population will grow by 2% no matter how many wallets it is in. So, there will be no spike in coins.

Also, I suggested some ideas and they weren't really heeded.

Are you referring to max coin days or the discussion earlier about extra incentives?

Yes, Max coin days. I don't see a need for "extra" incentives. Although, I guess they can't hurt.
1315  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★ on: July 16, 2014, 05:59:58 PM
I assume the block explorer is still currently showing the test block chain? Considering the block height is over 6700?
1316  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield on: July 16, 2014, 05:53:43 PM

On this moment my greatest fear are the exchanges. Every time again the BS comes from them. What I don't understand is why they can't or won't make their security up to the level where it should be.

I agree 100%.  The exchanges become part of your network, and your only as strong as your weakest link.

I don't know if its possible to have some sort of agreement with them on a standard for how much they need to keep in cold storage all the time, but there should be some guidelines. 

Securing these links should be the biggest concern.  Anyone ever tried to get Naut on BTCe?  A lot of people have bad things to say about them, but I have used all exchanges and they are the most secure.

Could an alert system could work? A spike in coins created would imply one of the exchanges is staking coins for example. Running algos on multiple exchanges might spread things out too and some might appreciate the volume.

The coin population will grow by 2% no matter how many wallets it is in. So, there will be no spike in coins.

Also, I suggested some ideas and they weren't really heeded.
1317  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FIMKrypto: NXT spinoff 30s blocks, POW-like rewards, national income *FIMK on: July 16, 2014, 03:45:18 PM
Also with 1440+ confirmation. No effective balance. Unable to forge?

Did you click on the "not forging" item in the wallet and tell it to forge?
1318  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] FIMKrypto: NXT spinoff 30s blocks, POW-like rewards, national income *FIMK on: July 16, 2014, 03:34:01 PM
someone can tell me how long it takes until my guaranteed balance will get to effective balance?
i have 1440+ confirmations on my account balance but cant forge atm...

Do you have any transactions at less than 1440 confirms?
1319  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★ on: July 16, 2014, 02:30:45 PM
It is possible to buy at coinbase and get the coin instantly. I do it every month.

I'm waiting for my paper wallet to get some coin. It will just sit in that wallet for who knows how long. Wink Yes, I plan to HODL!
1320  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Crypti | Release July | 100% POS | New Source | IPO Started on: July 16, 2014, 02:22:49 PM
I cant find the answer in the OP.

Is it possible to invest in bter or the IPO is finished yet?

Thanks!

Hasn't finished yet. Here -> https://bter.com/trade/CRSALE_BTC
Hurry up it probably will end today.
It has finished, market cap 750 btc was reached.

Indeed, sell orders are gone. A surprising 61 btc buy order is still there though, funny. Smiley

Ipo is overrrrr.  

Everyone was complaining there would be no demand for this coin on the market after the close. I guess that was wrong, considering those that still want to invest and those that think the CAP should be "ish". I'm sitting here shaking my head.
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