People like you, obviously. A bit too many of you lately and seemingly increasing in numbers makes me a bit preventively aggressive.  Give me a break. Acting holier than though as if 99% in this forum aren't trying to make money. Of course I'd like to make money. I'm not so pretentious and condescending to pretend as if I'm here just for fun. I could have just left with my large stake and not bothered to try and promote the coin. Are you saying it would have been better if I just hoarded my coins? Please. |
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I think doubling the value would be a bad idea, personally. 500k was perfect. Doubling it essentially decreases the value of each coin by half. I'm still in favour of 500,000 coins. It just sounds good. Keeping the borked coins would be a horrible reminder to be honest. It vastly messes up the distribution. I got a crazy amount in the office at work. When I saw them today I had to laugh. It makes my stake almost worthless, which I felt had value when I could distribute it, and give it to others. It also completely changes the concept of tx fee mining. It's not really very fair on those of us that supported Premine from the start and stuck with it.
Prime example of person threatened to lose a part of wealth being focused on his wealth and his wealth only. Let me guess, you had a chat with Jesus lately and he too is for 500k coins only? Ohh and please explain how "I got a crazy amount in the office at work" and "It makes my stake almost worthless" actualy works. I just can't figure out how having 10k coins out of 500k is better than having 250k coins out of 1M. It is funny to what extent most of you are ready to go to mask the truth instead of just admiting you are here for a profit and profit only. I live for a day when people will be sincere and have balls to protect what they see valuable without using politically correct jibberish. For example, I already know that if I come to you right now and kick you hard that you would give me all your PMC or whatever else. So, a guy wasting his time and putting so much effort into attempting to prevent a loss of what he could lose very easy anyway, hmmm ... Just thinking aloud and ranting a bit, pay no attention.  Can we have fixed client please? Every time I look at my PMC wallet I feel an urge to check the prices and availability of new yachts! What is your issue, exactly? |
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3 of my rigs are mining backup pools even though they are rented out, is there an issue with the service at the moment?
My leased rig says it's been mining for 10+ mins but isn't mining at all. All pool details are correct. http://www.betarigs.com/rig/293Edit: Nope. Nothing. Other miner that just payment confirmed just came on straight away. rig 293 is clearly not working at all. Site seems fine. Problem is with rig. Can I please have lease cancelled and refunded asap. Hasn't mined a single hash. Site had a hickup a think. You were not able to rent anything, all listed Offline. Now back to normal. That would explain it. It just came online. Hope I get that time back. |
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3 of my rigs are mining backup pools even though they are rented out, is there an issue with the service at the moment?
My leased rig says it's been mining for 10+ mins but isn't mining at all. All pool details are correct. http://www.betarigs.com/rig/293Edit: Nope. Nothing. Other miner that just payment confirmed just came on straight away. rig 293 is clearly not working at all. Site seems fine. Problem is with rig. Can I please have lease cancelled and refunded asap. Hasn't mined a single hash. |
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So it is settled then. Go ahead and continue to chime in regarding the subject. At this point I feel comfortable with continuing what I've started patching, It doesn't look like enough people are interested in adding an additional 500k
Thank you. I hope you understand why. If you kept those coins you'd risk alienating a lot of the people that have been and will continue to support Premine. I think it has enormous potential. I love mining the tx fees too. It's actually fun to mine such a rare coin, and it's a great experiment.  TBH - allowing the inflation is not what I want to see. I'm simply giving others the opportunity to voice their opinions. I fully understand your point of view, and agree 100%. No problem. I can see from your point of view you just want to follow the community's wishes, and I'm glad you're mindful of that. |
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Slow withdrawals today for anyone?
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So it is settled then. Go ahead and continue to chime in regarding the subject. At this point I feel comfortable with continuing what I've started patching, It doesn't look like enough people are interested in adding an additional 500k
Thank you. I hope you understand why. If you kept those coins you'd risk alienating a lot of the people that have been and will continue to support Premine. I think it has enormous potential. I love mining the tx fees too. It's actually fun to mine such a rare coin, and it's a great experiment. |
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The ones that were here first were esentially the investors or stakeholders, and although some left, and some didn't bother to contribute, some of us stayed and worked hard to keep interest going.
I spend 2 days writing code, that was going to be completely re-written. Guess it's just as well it's not needed now, but I still have a lot of ideas I'd like to explore.
I wanted to earn the coins I was given through working for them and helping the community, and that's what kept me here. The coins felt more valuable to me knowing I was earning them, despite not being required to do so.
Effort should be rewarded. If you want instamining, this isn't the coin for you.
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I'm gonna hop on this bus and say that the original 500k should be all there is. That was the original intent that got everyone onboard in the first place. Sorry that you guys got some coins after the problem, but they are worthless no matter what happens. If things get back to normal I'm going to go on a give-away spree and distribute some of my original stake (such as it is) just to get the coin in more hands.
Yes. Stick with the plan. It was perfect the way it was. Bugs are bugs, and shouldn't suddenly change the course of a coin like this. I was behind the original concept. I still am, and still will be. |
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The logo competition is over. The winners are being contacted 1st Place: 2nd Place: on black bg  on white bg 
What do you guys think?
I think if you're going to call a coin Fckbankscoin, you may as well go all the way and stick the middle finger right at those greedy bankers. So I would love to see this as the official coin logo.
Do we now have a new developer? If so, he/she should have control of the thread, and what better way to re-announce the coin than with a shiny kick-ass new logo?
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1st Place. Congratulations. Coins are on their way. It was a close run thing, because yak made a great logo too, and I like them both. I will be posting both in the main thread. As the coin now has new development behind it, one of them can be chosen if they want to use it. |
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the second blockchain would have 1M coins. If not fixed after 16000 blocks it would generate other 500000 coins, and again after other 16000 and again, again and again.
I personally vote for the first blockchain, but if fixed also the second is usable
Well, there's teo main ways you can handle the alternate blockchain; - Let it die - Let it carry on, and consider the bug a "feature". Again, I'm not sure who would want to mine or hold a coin long term that decreases in value over time. I did actually once joke about the idea of a coin that would create a massive influx of coins after so many blocks. I created a thread about it a few weeks ago. I think I dubbed it DumpCoin, or something like that. Sure, if people want "Dumpcoin", they can rebrand the coin and mine it all they want. But it's completely the opposite of what Premine is trying to accomplish, so for it to survive it would need to be rebranded, or possibly re-released. alternatively we could allow the extra 500k coins and issue the fix for the future so it doesn't happen again next time. Personally I don't want to see that happen, but it is a valid option. I think doubling the value would be a bad idea, personally. 500k was perfect. Doubling it essentially decreases the value of each coin by half. I'm still in favour of 500,000 coins. It just sounds good. Keeping the borked coins would be a horrible reminder to be honest. It vastly messes up the distribution. I got a crazy amount in the office at work. When I saw them today I had to laugh. It makes my stake almost worthless, which I felt had value when I could distribute it, and give it to others. It also completely changes the concept of tx fee mining. It's not really very fair on those of us that supported Premine from the start and stuck with it. I'm strongly in favour of sticking with what was intended. 500k coins, forking before the bug, and introducing a small mandatory tx fee. The big draw for me was being an early adopter and being rewarded for that, and also have the ability to reward others and help the coin using my own stake. Alternatively, you could just start distribution over and make the distribution heaviest on those who actually helped this coin. That solves the hoarding issue once and for all. |
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the second blockchain would have 1M coins. If not fixed after 16000 blocks it would generate other 500000 coins, and again after other 16000 and again, again and again.
I personally vote for the first blockchain, but if fixed also the second is usable
+1 Initial block chain of course, the second chain is just yet another crap and which is probably hoarded by too few people Hard to hoard a coin that generates 1000 coins per block.  |
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the second blockchain would have 1M coins. If not fixed after 16000 blocks it would generate other 500000 coins, and again after other 16000 and again, again and again.
I personally vote for the first blockchain, but if fixed also the second is usable
Well, there's teo main ways you can handle the alternate blockchain; - Let it die - Let it carry on, and consider the bug a "feature". Again, I'm not sure who would want to mine or hold a coin long term that decreases in value over time. I did actually once joke about the idea of a coin that would create a massive influx of coins after so many blocks. I created a thread about it a few weeks ago. I think I dubbed it DumpCoin, or something like that. Sure, if people want "Dumpcoin", they can rebrand the coin and mine it all they want. But it's completely the opposite of what Premine is trying to accomplish, so for it to survive it would need to be rebranded, or possibly re-released. |
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I don't think anyone for one second thought we were going to let the new coins exist. I assumed right away they would be invalid. 500k coins. That's all there is and ever will be. You are again misunderstanding how decentralized coins work. You, developer and whoever else think like you are nothing but people voting for blockchain 1 (500k coins). Some other people might be fine with continuing on blockchain 2 (1M+ coins) and no one can prevent those other people from mining their blockchain or even dethroning blockchain 1. If someone manages to bribe MtGox or Cryptsy to add blockchain 2 instead of 1 then blockchain 2 will have advantage over blockchain 1. In other words, do not fool yourself and others into thinking majority wins or that having just 500k coins is definitely a better option. Just like hype over DOGE made it uber cryptocoin in many areas, in same or similar fashion blockchain 2 could become the next big thing! Second blockchain will live for as long as at least 2 nodes are on it and 1 of them is mining. It is the genius of cryptocoins, all work is done by machines and humans are there just to eventualy manage and service those machines. Point for you but if the issue is due to a variable overflow this coin on the 2nd chain could not have a maximum number of coins generated or not? Also the second chain must be fixed. I don't know. I assumed it was hyper inflationary, which is why the idea of it being adopted never crossed my mind. |
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Because 100% distribution of coins on blockchain 1 failed, that's why.
Because of a bug, not because of bad concept. |
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I don't think anyone for one second thought we were going to let the new coins exist. I assumed right away they would be invalid. 500k coins. That's all there is and ever will be. You are again misunderstanding how decentralized coins work. You, developer and whoever else think like you are nothing but people voting for blockchain 1 (500k coins). Some other people might be fine with continuing on blockchain 2 (1M+ coins) and no one can prevent those other people from mining their blockchain or even dethroning blockchain 1. If someone manages to bribe MtGox or Cryptsy to add blockchain 2 instead of 1 then blockchain 2 will have advantage over blockchain 1. In other words, do not fool yourself and others into thinking majority wins or that having just 500k coins is definitely a better option. Just like hype over DOGE made it uber cryptocoin in many areas, in same or similar fashion blockchain 2 could become the next big thing! Second blockchain will live for as long as at least 2 nodes are on it and 1 of them is mining. It is the genius of cryptocoins, all work is done by machines and humans are there just to eventualy manage and service those machines. I understand how that works, and at no point did I say nobody couldn't use the other blockchain. No where have I stated this. If people want to mine a hyper inflationary coin, that is up to them. I just don't know why anyone would. If I understand this bug correctly, there is no cap? Is there a cap? Anything's possible, but the likelihood of anyone preferring that concept over the one Premine has set out is going to be mining a coin so entirely different you may as well call it Inflation Coin. I'm ok with that. The reason I didn't bring it up in the first place is because the idea of the borked forkchain being widely accepted seemed unthinkable, but by all means, if there is support for it, people can vote with their hashpower, or as they say, one cpu, one vote. |
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Even if you didn't win I decided to give 100k to every other entrant. 72mh/s Est Next Difficulty: 1.00311174 (Change in 91 Blocks) Still growing The people who dismissed this coin are not going to be laughing if these fetch even a few satoshi each, and there's no reason it could not fetch more. I'm at work right now and do not have access to my rig but I am switching straight back to this when I get home. man, when will you post the results of the logo giveaway???  Have you checked the thread? I've already handed out some of the prizes. I had two more PMs today, so I will finish it up tonight and PM the other winners who did not contact me. yes, want to know who will hit the first place and if i'll get a price my logo is awesome i think :V |
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72mh/s Est Next Difficulty: 1.00311174 (Change in 91 Blocks) Still growing The people who dismissed this coin are not going to be laughing if these fetch even a few satoshi each, and there's no reason it could not fetch more. I'm at work right now and do not have access to my rig but I am switching straight back to this when I get home. man, when will you post the results of the logo giveaway??? Have you checked the thread? I've already handed out some of the prizes. I had two more PMs today, so I will finish it up tonight and PM the other winners who did not contact me. |
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500 Satoshi each by next week. My prediction. I'm holding all the way. The development of this coin has great promise. |
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