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How on earth do you find a relation between ICO and our plans? We are strongly against any ICO of any kind.
I'm not speaking about the fake ICO of some altcoin.. 1)but with an ICO i collect money to sustain mine project and have a back-up value for my new coin (in BTC) and i give in exchange some of the new coin 1b)you're doing the same collecting/swaping other altcoin and take them as a backup for the value of the new coin i'm not saying that it is a scam ICO, but the situation is similar Yes, but in reverse. We give money to sustain (revive) a (close to) valueless coin. When we successfully revived the coin, and the coin has market value again, we trade back our HEDG against that coin at a specified maximum profit percentage, so holder of the revived coin dont have to pay as much as the market value. In order, we get more HEDGE then initially invested in the revival of that coin, taking that extra HEDGE with us for the next project. So rather than having HEDGE compared by its BTC value, targeted coins will be valued by their HEDGE value Ok, i've understood now i can give some BirdCoin to the the fund. how can i do that? We took a look at BIRD and might perform a swap/takeover against HEDGE. It still has an active community to it, it just needs a good boost. Can we contact you somewhere? Please PM.
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Also, hedge as it stands wont work, don't feel like playing with DLL's so probably wont end up using this unless there's a wallet like all the others I've use which is 1 file ready to go right out of the zip that is either an executable that starts running the wallet or one that installs it like BTC and some others.
Why should you be playing with DLL files? Just leave them in the same folder as the QT wallet. There is no reason to touch them or to play with them. If your system has the needed assemblies installed already, you can trash them. EDIT: I see what you mean. Next wallet update we will do a static build.
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★★★ Mac wallet is available! ★★★
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How on earth do you find a relation between ICO and our plans? We are strongly against any ICO of any kind.
I'm not speaking about the fake ICO of some altcoin.. 1)but with an ICO i collect money to sustain mine project and have a back-up value for my new coin (in BTC) and i give in exchange some of the new coin 1b)you're doing the same collecting/swaping other altcoin and take them as a backup for the value of the new coin i'm not saying that it is a scam ICO, but the situation is similar Yes, but in reverse. We give money to sustain (revive) a (close to) valueless coin. When we successfully revived the coin, and the coin has market value again, we trade back our HEDG against that coin at a specified maximum profit percentage, so holder of the revived coin dont have to pay as much as the market value. In order, we get more HEDGE then initially invested in the revival of that coin, taking that extra HEDGE with us for the next project. So rather than having HEDGE compared by its BTC value, targeted coins will be valued by their HEDGE value
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I read the whitepaper. You've got a noble goal. I think it's quite similar to what CoinShield (now Niro) had planned to do-- you should contact Viz/Videlicet to see if he'll share some of his groundwork with you. Might save you some development and implementation planning.
When you guys announce a buyback, there will be some additional market effects to consider. I'll use your example of bleedcoin.
When you announce the bleedcoin buyback, during the ensuing three weeks, you'll create a pump/arbitrage situation on bleedcoin where people will continue to mine/buy it up to the buyback price plus a risk premium based on how likely the market thinks it will be that you'll successfully revive the coin and post it for sale at its proposed value-add release.
Don't forget that many older altcoins had their distribution narrowed as their popularity died out. Small holders of bleedcoin will dump into 1-sat bids and over months it may have become highly overweighted to a single holder who has accumulated more than half the supply at negligible expense. You may get into a situation where people first buy out most of the total supply of bleedcoin and then approach you from multiple "community" accounts to run a buyback, and there's very little extra steedcoin supply remaining on exchanges. Thus the price and interest will be overstated with an exit strategy of dumping against HEDG, which could affect other truly community-held altcoins' communities' willingness to participate in the program if there's no perceived value gained by a swap to HEDG.
Of course none of this may happen at all, but anytime you offer a fixed price and profit proposition in an open marketplace where you're doing the work to build that added value, you WILL get people piggybacking the work you're doing and attempting to front-run the profitable edge.
Thank you for your very constructive feedback on our whitepaper. Additional securities will be taken to prevent piggybacking, but we're very aware that this might occur. We will get more in detail on this matter once all details have been thoroughly investigated. Since i'm on mobile, i'll get back to this later today. the SWAP system of the fund is similar to a an ICO but without using BTC am i wrong?
How on earth do you find a relation between ICO and our plans? We are strongly against any ICO of any kind.
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★★★ Premine update ★★★ Following to our HedgeFunds whitepaper, 500.000 HEDG will be moved to the funds. The remaining premined coins will be destroyed.
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How do you provide assurance that this anonymous "EquiTeam" group exists and will not disappear to start a new coin?
You can never be assured from that factor. Even well known fully doxed people managed to disappear (paycoin?) We will however reveal team information. We have solid plans and are all in crypto since and before '12. So we dont feel the need to dissapear. We want to be part of the scene and are here to stay.
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I got some Hedge too!
Follow the thread. If you want to create a collaboration between our coins, write me in pvt
We will contact you in the near future since this is in line with one of our roadmap points. Thank you for the proposal!
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What's with all the diff files in the windows zip ?
Pretty much every other coin I've played with has a single executable that starts / runs the wallet or an executable like BTC that installs a wallet that can then be run.
The windows wallet should run without those extra dll files. It might give an error at first launch, but it should run. Those added dll files are to ensure that every windows user can run the wallet, even on older platforms prior to Windows 7. Think about virtual machines etc. Never really was a fan of the word should lol It depends if your system already has the needed libraries. If you already have wallets running, it will. On fresh systems like a VM it won't without the dll files
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What's with all the diff files in the windows zip ?
Pretty much every other coin I've played with has a single executable that starts / runs the wallet or an executable like BTC that installs a wallet that can then be run.
The windows wallet should run without those extra dll files. It might give an error at first launch, but it should run. Those added dll files are to ensure that every windows user can run the wallet, even on older platforms prior to Windows 7. Think about virtual machines etc.
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Still waiting ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Sorry, due to unexpected issues apart from the coin or team all updates are delayed to tomorrow. Sorry to keep Mac users waiting for the wallet. I want to repeat that this has nothing to do with the coin or team
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I must agree with the reply's regarding the superblocks. The idea of implenting them was to compensate the low rewards, but those recovered after block 2000.
NO for superblocks.
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patiently waiting for the release of the plans, and the Mac Wallet - ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) In a couple of hours ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Block rewards are really nice at the moment! Having doubts about implenting superblocks as we speak ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) What does the community thinks about the superblocks? Yes or no?
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block rewards are lower now ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Moore's law ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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★★★ UPDATE ★★★ Tomorrow we will release our plans for the HedgeFund. 75% of the premine will be reserved for the HedgeFund features for the next years to come. Be sure to catch some blocks at higher reward levels atm!
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I have been mining since the start, it states there will be an estimated 33 million coins. With the varying rewards how many blocks will there be in total? Or is there and and date for POW I think I missed this in the OP.
Hedgecoin has a maximum theoretical limit of approximately ~21 million coins by 2050 with a slow issuing curve. However, the real number of coins can be reduced to something close to 15million due to quick drops on the rewards. The theoretical maximum coins is rated at 33m
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This may seem like an ignorant question but the block reward is "controlled by" that equation, but it is not that equation, correct?
example-- if the difficulty is 20 then that equation would be
(20+2600/9)^2 = 84,745.6787
444,444,444/84,745.6787 = 5244.45
I assume that will not be the block reward itself so I am wondering how that relates to the block reward
- from page 2 I think it would be 55 or 15 but I am not a coder by any means
thanks in advance
Right now the minimum reward structure is 1 HEDG The reward system after block 2000 is nSubsidy = (22222.0 / (pow((dDiff+51.0)/6.0,2.0))); if (nSubsidy > 500) nSubsidy = 500; if (nSubsidy < 25) nSubsidy = 25;
So the minimum reward is 25 HEDG. The max is 500 HEDG. From block 7000 the reward is nSubsidy = (44444444.0 / (pow((dDiff+2600.0)/9.0,2.0))); if (nSubsidy > 25) nSubsidy = 55; if (nSubsidy < 5) nSubsidy = 15;
So minimum drops to 15 HEDG, and maximum drops to 55 HEDG.
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