hey activecoin
you didn't reply to my pm about the logo
is the bounty still valid or you want to stick with this one?
I like this one, I really thought I replied to all the pm's I received SomeRelax, I was able to update the bounty thread though. P.S. You do not like this one? No PoS?
I have a hard time trying to understand percentages concerned with PoS and how payouts would affect the value of a coin over time, PoW comes natural to me, miners will decide what price they want to sell at  |
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Quite a lot I must say.
It could appear that way, but it really is so little when compared to the money supply's of the world, don't you think? |
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total coins?
6'808'500'000 in circulation after the 4th year, 82'125'000 annual supply thereafter |
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I knew that was there, its difficulty target could never be supported in these times.
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Everyone needs a good payment system for what they are interested in, some prefer cash, some prefer credit cards, and some of us prefer Crypto's, Activecoin aims to be the preference for some of the people who are interested in High Energy Sports and Recreation, with the high amount of spending involved in recreation, sport's, and entertainment, and with merchants moving solely to digital payment processing we can step up and give them an alternative to known systems, lets get them interested in cryptocurrency! There will be a good supply of coins within a year and this is partly in hope that tipping and contributing to fundraisers wont break the bank (ummmm...wallet).  ACT Scrypt Algo. Block Rewards 10'000 Halving every 240 days 1 Minute Blocks Retarget 10 Blocks Rewards set at 156.25 After Block 2073600  Windows: https://mega.co.nz/#!EgETzKYD!1Yx8t8fmN61hYtN6FHFc0D2Z0MoARgfirTVTyRkjHuQ Mac: https://dl.dropboxusercontent.com/u/60507461/ActiveCoin-qt.zipOnline: http://activecoin.raxe.co/Android App: https://play.google.com/store/apps/details?id=com.activecoin.wallet https://github.com/activecoin/Activecoin-Sourcelisten=1 server=1 rpcuser=user rpcpassword=pass rpcallowip=127.0.0.1 rpcport=8332 addnode=69.164.218.197 addnode=10.0.0.2 addnode=209.222.30.112  Mac Wallet, Block Explorer, Android Wallet, Games, Paper Wallet, Marketing, Art, Programmers, reddit tipbot  Giveaway Link's! http://www.reddit.com/r/Activecoin/comments/25ow8a/giveaway_8000_act_eachfirst_100/https://cryptocointalk.com/topic/11310-activecoin-giveaway-paired-with-chance-for-amazon-codes/Reddit http://www.reddit.com/r/Activecoin/Twitter https://twitter.com/ActivecoinFacebook https://www.facebook.com/ActivecoinPool http://act.hashhot.com/ hashhot http://coinspool.cu.cc/getting_started elbandi http://act.luckypool.cn/ afong9 http://act.poolsofhonor.com/ testbug  https://coin-swap.net/newcoinMedia http://bitcoinist.net/category/news/Faucet 1. http://www.cryptoarrow.com/faucets/activecoin/index.php animalroam 2. Pending Translations Polish- https://bitcointalk.org/index.php?topic=603559.0 (BTC Pymnt pending) Sooyoung Russian- https://bitcointalk.org/index.php?topic=603756 (BTC Pymnt) miner7788 French - https://bitcointalk.org/index.php?topic=605372. - (ACT Pymnt) Zikomoto Chinese - https://bitcointalk.org/index.php?topic=605643. (ACT Pymnt) zxm7001 Korean - https://bitcointalk.org/index.php?topic=605959. (Donated) BigWait Block Explorer's 1. http://41.141.193.14/ [Down] (ACT Paid) Zikomoto 2. (pending bounty) Game (pending bounty) Faucet (pending bounty) Paper Ws (pending bounty
Logo by: MysticalPotato
Mac Wallet by: MystPhysX
Support the contributors if you are able by donation
Proof Of Fit challenge, and Adopt a Coin program @ http://www.reddit.com/r/Activecoin/Extreme Giveaway List @ http://www.reddit.com/r/Activecoin/ Get your star on the list!Usain Bolt, Eddie Hall, Robbie Madison, Kelly Slater, Shaun White,Vickie Golden, Neymar Junior, Lizzie Armanto Rubens Barrichello, Laure Manaudou, John Cena, Ian Poulter, Laura Robson, Ronda Rousey, Elisa Di Francisca, Ken Block, Dan Shrout, Danika Patrick, Richard Sherman, Stephanie Gilmore, Becky Downie. [Edit] The following have been added after launch Michael Schumacher is being added to the list to show fan support. Also voted to the list: Michael Jordan, Diego Maradona, Lionel Messi, Joe Rogan, Valentino Rossi, Kobe Bryant, Tony Hawk. 2 more names to be added before distribution, your welcome to send a message on reddit if you have a suggestion or tweet @Activecoin The premine will be used largely for giveaway's just like the one above, some of it is reserved for bounty's, some for geocaches, and i entertain the idea of having a ACT sponsored race with a pot of ACT being the winning's, some for the development of the coin.
With Rewards set at 156.25 after block 2073600 an annual supply will be mineable of 82'125'000
The Extreme Giveaway will be structured to disperse only after 1 month has passed from day of launch, there will be 30 names on the list, addresses of the names on the list will have to be verified through proper channels, it could take that long for them to find out they have been given some Activecoins, each person on the list will be given 4,000,000 coins for a total of 120,000,000 ACT being dispersed for the giveaway. I might need to push this off for as long as possible until the point of the giveaway is clear and rules for it are set.
Year 1 supply is 4'356'000'000
Year 2 supply is 1'710'000'000
Year 3 supply is 535'000'000
Year 4 supply is 207'000'000
Total of 6'808'500'000, after year 4
rewards are to remain at 156.25 per block to maintain a supply of 82'125'000 coins annually
(There was a premine of 0.2 of the first years total supply of coins, the developers block was orphaned and its still unclear who mined the block with the premine coins)
Geocached coin voucher
40.329489 N. 111.622990 W.
37.379878 N. 113.475281 W.
37.237912 N. 113.639174 W.
37.116376 N. 113.576275 W.
40.363940 N. 111.699403 W.
40.318807 N. 111.764853 W.
40.324704 N. 111.764853 W.
40.168046 N. 111.489114 W.
40.213468 N. 111.631166 W.
40.264452 N. 111.628688 W.
40.550550 N. 111.834632 W.
40.306992 N. 111.914225 W.
(One has been found, not sure which one just yet)
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Ha Hahaha, sorry that sounds like a hollywood movie in the making.
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I just imagine a small defect making someones chip go BOOM!
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Now you do know that as soon as Bitcoin took a strong hold in the world every government kind of needed to defend its own currency, right? See if there was no regulation then why would we need USD and AUD? Take away the daily proverbial cup of coffee from someone until they agree to hold an amount of central currency and your currency is safer then it was cause its got a bright future in wallets, for the cup of coffee  Obviously some new program to do all the tracking involved with our tax obligations needs to come to light. You're dreaming. Bitcoin hasn't taken a strong hold in the world, only a strong hold in the mind of nerds and counter-culturists. Anyone associated with bitcoin won't be taking the cup of coffee away from anyone, least of all central bankers as bitcoiners don't have the coercive power or any material ability to do anything - quite the opposite, who do you think has the laws, guns and money? It's not a few arseholes with bitcoins, that much is clear. Hell they cannot even get the unit recognised as a legitimate currency. Bitcoin does not make any fiat currency more "safe", that is some type of spurious argument based on an unproven notion that we need a world currency. If anything the European experience in the aftermath of the global financial crisis has shown us that there are strong reasons why specific economic areas should have their own currency unit. It would have been far better if Greece, Spain and Italy had their own independent currencies rather than being part of the Eurozone as those countries exchange rates would have dropped verses the Euro and the USD making it easier to attract foreign capital, stabalising their economies quicker and not confining a generation of young people to the unemployment queues. There's so much garbage spoken by proponents of bitcoins that is completely decoupled from any economic and political reality that it's embarrassing to read and it doesn't help bitcoin in any way. And that "new program" to do "all the tracking involved with our tax obligations" already exists, it's called Prism  Think about it. And remember the old adage, 'It's better to remain silent and appear a fool rather than open your mouth and confirm it.' Let me be clear as to what I meant, 1. Bitcoin has a very healthy community of supporters that want to see it succeed, it is not going to disappear over night and will change and adapt before it fades away if it ever does, which imo is a strong hold in the world even if its not a big hold. 2. When I said "take someones cup of coffee away" I was making reference to governments taking away the privilege of using Bitcoin easily while remaining lawful. 3. When Bitcoin emerged into the media it was very apparent to me that it appeared as a threat to central banking, although just a subtle threat, a threat nonetheless, if it would have remained without regulation it could have been one more thing attacking the value of the USD as people start to hold it instead of USD, USD remains safe from Bitcoin's threat as long as people prefer it over Bitcoin and continue to keep USD fiat in their wallet. Not sure how you got me mixed up, this is just my own perspective and opinion, and I find no value in basing anything on dreams of possibility's. I for one am not for a global currency, mix a few cultures together with one currency and you get the eurozone I think your right on point with Greece Spain and Italy, proponent's of Bitcoin say what they think will help it and it took them saying something to get it this far. There seems to be an old adage for every situation, 'It is better to speak and be heard rather than being viewed as dumb'  maybe thats something everyone does not agree with, in any case, opinions form quite differently through perspective, take a survey on Bitcoin and ask people to put in words what they think it is and what their opinion about its use and history is, I laughed so hard several times when I did this, and it did not help them having me try to explain it to them as I try to put my version of it in a nutshell while half choked on the humor of the situation. Thanks for bringing prism into the light |
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I think its far from being a popular currency, but it is still a great commodity imo, well we will see, I am waiting for the software to appear that transfers bitcoin in a second, that will make it a viable currency and pull it back out of being a commodity, scammers are everywhere, in every business, I have no doubt there are hard working honest individuals involved with its progress.
Man never forget its still new, all the kinks have yet to be worked out.
You make a good point, it is still new and it will develop in time I imagine. I'm certainly not anti-bitcoin, far from it, otherwise I wouldn't have become a miner in the first place. I suppose it was inevitable but it's been rather disappointing how quickly bitcoin became corporatised and the idea of mining is even more appropriate now as larger sums of capital are required to get any significant level of return from the activity. This shift as the difficulty level has increased makes it less and less worthwhile for individual miners and that in itself has tended to cancel out many of the egalitarian benefits that were associated with the rise of bitcoin in the early years. Until the currency becomes regulated and properly accepted by legal, financial and tax bodies around the world, any appeal and value it has to me is far outweighed by the hassle of tax and capital gain reporting requirements. It's not going to be fun attempting to put a price valuation on every piece of dust I have mined, when I mined it... and value it again when I spent it but in theory that's what I'll need to do to enclose it in my tax return - that's the impact of it not being regarded as a currency here in Australia (similarly to the US I believe). Who the hell wants to work out capital gain implications of buying a cup of coffee? Now you do know that as soon as Bitcoin took a strong hold in the world every government kind of needed to defend its own currency, right? See if there was no regulation then why would we need USD and AUD? Take away the daily proverbial cup of coffee from someone until they agree to hold an amount of central currency and your currency is safer then it was cause its got a bright future in wallets, for the cup of coffee Obviously some new program to do all the tracking involved with our tax obligations needs to come to light. |
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If Bitcoin does die can I have all your worthless coins?
If you take another read of what I wrote you'll see that I convert all my coins into fiat. I personally have no use for bitcoins, it's been fun, but they're fundamentally worthless to me as I prefer what used to be called real money. I've made ROI and then some on my miners and will continue to mine with them as long as its profitable. I sure as hell am not going to be buying any more miners and I don't care if bitcoin dies today, tomorrow or whenever. If it continues, well, that's fine but bitcoin is in broad terms a relatively unattractive commodity to me, it's hopeless as a currency and virtually all infrastructure associated with bitcoin is riddled with scammers, thieves and charlatans. Speaking of which, it's been a while since the last major scam, con, swindle, hack or business failure took place in bitcoinland, any ideas who's going to get hurt? Oh that's right, it's always the little guy that gets their coins stolen, isn't it?  I think its far from being a popular currency, but it is still a great commodity imo, well we will see, I am waiting for the software to appear that transfers bitcoin in a second, that will make it a viable currency and pull it back out of being a commodity, scammers are everywhere, in every business, I have no doubt there are hard working honest individuals involved with its progress. Man never forget its still new, all the kinks have yet to be worked out. |
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Subject: Bitcoin is dying...permanentlyYeah, I wish it would hurry up and die so I can clear these miners off my desk. It's a real hassle those coins popping up in my wallet, converting them to fiat and buying things with them. I hit ROI ages ago so all this free money can be problematic and annoying. You know, I could put a fish tank or a few plants or even a lamp in the space where those pesky miners are... Maybe replace those miners with some type of flowering plant, in remembrance ya know? or you could go with another plant that could possibly make just as much money as the miners did. If Bitcoin does die can I have all your worthless coins? |
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Bitcoin outperforms every other chain year after year in both development, adoption, and market price increase. The only other one to come close is Litecoin, and then maybe PPC/XPM. People who argue that Whatevercoin outperforms Bitcoin because "WTV went from .00000001 to .00000008, or 800% increase!!!!11one1!!" are deluding themselves. You might as well go argue about how your RC10 is faster than a Bugatti Veyron because the RC10 goes like 600mph scale speed I like the cars Adoption is not as important as the capital that is flowing into bitcoin, the mass amounts of investment spent should be considered when weighing this question, and not exactly how many coins were bought, but the industry that support's the coin. |
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Altcoins are junk in my opinion, just look at the charts, sliding scale on all of them.
Sharpe rises, sharp declines almost 100% of the time.
Not a good intro for new investors.
Tell me I'm wrong
I guess there is a coin somewhere that has never seen sharp rises or sharp declines? Are you asking me or telling me? Asking, far as I know they all go through high spikes and low spikes, some higher than others and some lower, the supply and distribution has to be analyzed before comparing to other coins, I do not dig into many charts but from what I have seen they all play to the same tune. If you have some charts and analysis of a coin that does not suffer volatility I would like to see them. |
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Its coming... |
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Altcoins are junk in my opinion, just look at the charts, sliding scale on all of them.
Sharpe rises, sharp declines almost 100% of the time.
Not a good intro for new investors.
Tell me I'm wrong
I guess there is a coin somewhere that has never seen sharp rises or sharp declines? |
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Thank you for the article and prompt reply's before finishing the deal, great customer service, even while having forum connection problem's. I will return to do business with you again |
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Is there more to this picture? is it possible that its not safe on the ground for the turtle?
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Looking at this Saturday to launch, mid day in the US if it happens.
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I have chosen this design to be used for Activecoin http://imgur.com/oYUPGS5 Thanx for all the interest. look for my artwork bounty's to be coming in the weeks to come, i need to incorporate the design into pieces I can use to promote the coin. |
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There were no submissions before deadline, I will still pay btc for something I could use and would like.
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