There are some Coins available for sale on the alcurex exchange but only limited amounts. You may purchase some directly from the ColossusCoin Community and any money raised will go directly towards funding of future advancement.

Better to just leave it, it will split into two when it stakes

That depends on how active you are with Staking and how you manage your split and combines. PayCon grows at 30 CON per Block regardless of how many people are Staking on the network. That is about 43k CON produced per day or 15.8 Million per year so if you Staked all your Coins for a year you would likely have 500-1000% after the first year.

Currently there are 3.4 million Coins in circulation

Best performance is splitting your Blocks up into 500 each and they would Stake after roughly 2-3 days. After 5 days if you have Blocks that have not Staked, Blocks under 500 Coins, in the same address, will combine together until larger than 500 Coins (plus reward) into one Block. Using multiple addresses helps to increase your anonymity but you want atleast 1-2k per address to Coins can combine with each other.

You can see an example here on the PayCon Block explorer

http://blockexperts.com/con/height/75742

If you are a bit savvy with compiling from source as well, you can also change the split and combine thresholds in the wallet.cpp file to help you split and combine your Blocks more efficiently and at a later date, user adjustable thresholds will be part of a wallet update.

We also have https://paycon.slack.com/ now which works like an instant messaging and filesharing service, it's free and you can signup with a fake email if you want, you just have to be able to use the email supplied because I would need to send an invite.

Yeah! sent him an invite!

We should get as many people as possible on slack, it's perfect for communicating in Cryptoland.

I also finished a bunch of backend work on the network today, new DNS-seeder and wallets will be available within 1-2 days. Won't be a huge change with a new seeder, just won't need your .conf file anymore so will definitely help all the new people get started and sync easily plus a Mac wallet for all you apple lovers out there.

Do you have links to the funds mined there? kubuminer needs to do the payouts to the people who've mined it....

The burn only really works if you could do it where it actually reduces the float rather than sending it to an unspendable address.

Wouldn't have to do all of it with exchanges first, you could use timelocks even. If you know what the exchange addresses are, you could even exclude them in the first round and make sure all the holders get their Coins first.

The Clams effect also means that the holders of the original Coin also keep their original keys so they aren't losing anything by participating.

Just premine the whole thing except a small portion for mining and sell/give-away at good prices for what you need for expenses.

or

You could have no premine but a longer POW period (1-3 months)

Would all depend on execution though because you want investors to make profits.

The reward for POW mining also goes to 0 so even if they managed to get a Block in (which you can't because it's all being blocked anyways), you would still get no reward.


POW mining is over, CV2 is Proof of Stake only now.

Your cat really did a number on your gpu, maybe it was jealous of it

Yeah lets do it, I still have my voting power.

Right now were getting somewhere!

It's popcorn time everyone, GAWD is here!! Oh praise the messiah!

If PayCoin was worth $50 a Coin and their Hashstakers were generating 50,000 XPY a day then that is 2.5 Million in sell pressure they have into the market, and that's just on the low end because all the XPY compounds in the Hashstakers creating millions of XPY in which can be dumped into the market.

Why doesn't Josh just open up his real plan instead of hiding it? To me it looks like PayCoin functions like a siphon on the market whereby only a select few get all the reward at an unlimited amount whereby everyone else gets nothing. Where's this 10-30k BTC coming from? Certainly investors have not gained that much, PayCoin lost 66% in value over the last month alone.

Oh fantastic,

I have a friend who had a decent amount of DRK stuck in there, glad to see they have it back open. I can't trade my CNY I had there yet but it's a good start, should we still look to get on BTER? Might be a bit sketchy to trade on there at all now but atleast it's not like Mintpal and there are some good Crypto groups wanting to take over it.

Oi, you need to understand the demographic of the relationship between the dog vs. cat rationale first there bud. If we can assume X number of Cats dwell in a home compared to dogs you can then determine what your target audience should be. Say you just want to slowly weed out all the dogs and make cats the dominant species, I guess you could mess with cats DNA and breed them with tigers. Ever hear of a Liger? It's a lion and tiger mix and as big as a saber-toothed tiger, I don't know any dog that could compete with that.

How are you guys getting these all of these messages??? Remind me never to get on your bad side....

Haha funny, you can never ignore Bitcointalk


This is how things get done, by hanging out on message boards and talking about Coins, and working with people except that you aren't getting your opinion silenced and shadowbanned. Also, you are supposed to be a "CEO" of a company but your going to the largest Cryptocurrency Community and calling your target audience morons and fruitloops?...

Just saying....

done, sent you an invite