In any event, we could use some more steady and dedicated miners, to limit the abuse to the coin and help keep the value up.

I know it may be a little hard to digest at the moment, but that is the only solution until something is coded to assist that issue.

Concerns have been stated, over and over. It is just time for them to "discuss" resolutions to the issues, not time for more excuses as to why they don't think they are issues, or more useless whitepapers of other peoples ideas. (Or experimental theories.)

Like I said, they will do what is needed, or end-up swimming in AIRcoins alone.

If they do nothing, we can always release our own update, that locks them out entirely. It can be done, it has been done before, and it could happen here.

There is a whole community here, that can help... Yet, they don't give us anything to work with, to help.

Instead, they attend secret anonymous meetings and anonymously try to "work on whatever"... No public discussions with the investors at all. Just notices of what we have to face next... or not face... since there is no face... no-one to hold accountable for anything.

Sorry I am looking for reasons to invest, for reasons to convince others to invest... I though they wanted more investors.

Feel free to buy my portion of the investment if you want me gone. lol. (At the moment, that would be 5.7 BTC and it is growing.)

Don't confuse my serious concern for anger... I am actually quite un-angry at the moment. I am buying-up AIR real cheap and mining the hell out of it, with great reward. Even at the "cut-throat" diff-levels.

To me, it doesn't matter what the price actually is, I make money up or down. Now losing money, due to the whole x11 thing, made me mad. The responses that the AIRteam had made didn't comfort me in the least. But I am over the loss of the card, and the words of the AIRteam are just words that cut into value more. (Makes the price lower for me to buy them. Win Win.)

I don't doubt that they are working on the coin. As in investor, I am concerned with the lack of "what we are actually working on". Which seems to be, by the wording, just another formula to feed the bot our BTC. (Or eat my BTC, since I seem to be one of the only ones filling the sell-orders.)

There is still a lot of coins left to eat.

I offered a solution, but no reply. (One that doesn't require x11 and is easy to implement. One that does what x11 claims, but it doesn't actually do. One that doesn't matter if the miners are GPU or ASIC. One that doesn't mind 10 miners or 10000's of miners. One that doesn't favor only the "first-come" crowds, but it still does favor them. One that reduces the "issue" with the huge premine, that apparently isn't needed anyways.)

The biggest concern I have, which is still a tiny concern... is this...

They have a farm pointed at the coin, or own a farm. They adjust the price high while they mine it, drive up the diff, leave, then knock the reward back down when it should be rising. Thus, giving them an even larger stock-pile of coins to trade against us, without touching the premine.

Second concern... Someone hijacks the "reward-adjustment" code, and sets our rewards uber-high, so they get a lot... or changes our reward to be near zero, to destroy the coin.

HINT: Marketing opportunity... Pay the dev of the APP to add AIRcoin to the app. So it does AIRcoin and BTC. Lets you kill two birds with one stone. Also makes it look like the dev has his own format of coin... Helps us both out!

Great... Now we have spam-bots in here too... lol

As if the trade-bots were not enough to contend with.

+1 for the news update. (However -10 for the rest of the decisions.)

You want a solution to the cage issue...

There should be no cage. At the most, you needed a back-plate mount and a supporting brace on the other side.

Get some tin-snips and cut-off the whole restrictive front and back, or add a fan directly on the cage, to PULL AIR through the fins.

Problem solved, you can pay me in BTC. You could have just hired me to design you a full system for cheap. I know all the tricks of the trade. That is what I do for fun.

That is why I still want the DIY-kit option you asked us about.

P.S. A pair of tin-snips can also put two cuts on the short-sides of the wide hole, on the top-edge. That would allow you to just "bend" an angled vent to double the size of the exhaust. (You really need a creative artistic engineer on your team.)

P.P.S. Those holes on the back of the tower... You might want to cover those with a length of cheap plastic. That is allowing dead-air spots and air-flow to escape, before it has time to flow across the boards. Not sure what the cover for the case looks like, but if it has holes, might want to cover those too, unless there is a fan there. (Also, grills over fans = dumb. The fans you are using, are "open-air flow", they have little static-pressure. Those restrictions of the grills, make them like 80% inefficient for moving air. Only squirrel-cage fans are intended to have grills and handle high static-loads. Also, big fans produce more heat and draw more power. Buy 120v/240v fans and you don't pull that power from the PSU.)

P.P.P.S. You can also cut the cooling-fins at a 45-degree angle where they normally restrict air-flow at the hole... that allows more air to pass-through. You can even use the cages as they are, that way. But you have to cut all your heat-sinks. Easier to cut that whole plate off the mount/cage.

The "investment system", I hope to hell is not another bot that just trades against us on our own value. There is already one of those running on every coin, including this one still. I am tired of watching battle-bots.

However, since this is OUR investments, I think WE should be in on what "system" is being developed.

You won't support the thread... Well fuck you too! (No seriously, fuck you! This thread is the whole damn coin at the moment. You won't support US?)

Oh, the next stage... Which is? Getting diplomas? Falsifying records? Wait, I know, a giant AIRcoin giveaway, like the ones that keep DIEM value real high...

You see, as a business, as an investment manipulator, as a community, as humans, as honest individuals... You are failing at the moment.

Anyone who says, "trust me", then runs back to the shadows... Well, there is a reason they said "trust me" in the first place... Last time it was for "Big news that will change the world". (By the way, YOU don't decide what big news is, WE do. You decide it is NEWS, then WE decide that it is BIG. You can't say it is big news before anyone knows what it is. Everyone has big plans for every coin. Coins are already accepted by the US LAW. I can provide you with the IRS and supreme-court rulings, if you like. I have a copy directly from the IRS right here in my hands. My mother works for the IRS.)

We don't actually want to know what you are going to DO to the coin.

We are really looking to know that you won't DO anything to fuck it up.

At the moment, there is only about 82MHs of "trust", as "dedicated miners". (I have about 25% of my running rigs here. A modest 3.2MHs 3.9% of the AIRcoin network at the moment. However, I am only getting about 1/2 to 2/3 the expected reward, due to the horrible KGW implementation. I have returned the new card I ordered, BTW. I decided to use that money to get some ASIC's instead. To save some power-losses.)

+100 for the "Yeah, no..." reply. lol.

That will be our marketing!

AIRcoins, you know it is worth it, because FTW, you are limitless with Piracetam!

I'll start filling capsules, you guys print the labels, and AIRteam can be the pushers.

How about a pool-donation of other coins. We get AIRcoins for other coins from the devs/traders, and AIRteam practices the trading-engine on those coins, for BTC gains for the pool. (Thus, increasing our AIR value we got from the donation of other alts. Obviously by using some of those BTC to skim the bottom of the lows on AIR.)

Guilty...

That was the short versions... Want my white-papers? xD (It's not in a roll form.)

It's partly the piracetam's fault...

So what is the new direction of this coin, or are we still headed DOWN the same path?

What is the marketing strategy?
(Surely anonymous user: "Herbsmoking", selling steam-codes on reddit, is not your only expected target source of a market.)
No offence to Herb intended. I am sure he is trying to earn an honest dollar.

Anything you can tell the investors?

No white-papers for this situation? No exit-strategy? No plan-B?

Bueler... Bueler... Bueler... Bueler...

Come on, you studied crypto-coins for "whole months" and "spent all your time coming up with theories"... I have been here for years mining and trading, and trading in general, for over two decades... Where is your business plan? Where is your portfolio? Where are your credentials? Where is your supporting sources? Where are your proven techniques?

As a community, we stand together. As a business, you stand behind us. As a regulator, you stand in front of us.

I am not seeing community or business footings in the wake of development here.

We can't promote nothing...

That was one of the "other gains" of potential from the proposal. (A decimal-shift and full reward adjustment and premine-value reduction via a "cap-adjustment", would have warranted a full reset of the charts on the exchange.)

We already know the value, and have a "minimum" entrance level now... This would be the ideal time for that "reset", with the adjustments. Provided with a reset of the forum-pages to reflect the changes which would not be relevant to the old coins attributes.

Then you release the market, and hype it up. Not now... It will just be a wasted investment. (Wasted investment in marketing.)

By the way... "Investment" actually keeps people away... The word is related to more scams than good.
- IPO (95% Scam)
- HYIP (100% Scam {Another word for Pyramid, created by business men/scammers of today})
- Stocks/Bonds/Commodities (Though the word is assumed... When actually mentioned, it hurts image.)
- Investment Risk Management Services (Honest service but invokes honest fear, as it was intended to do.)
- Retirement Investing
- Time-share Investment (Another 75% scam)

It is a word that is better left to casual discussion, not quoted within text or "plans". Alternative words are usually used, that imply investment, for that reason. That, or left open for natural assumption of the obvious. That is why they don't use it unless you are well established, and already successful in a market. (Thus, a real poor marketing decision for a day-1 release statement or profile.)

That image too, is easy to wash-away. (Though I am sure they don't have a clue how to do that, or will wash then rinse and repeat, out of habit.)

No-one is hopping to an x11 coin in the first place. That is like saying "Snapping your fingers keeps dragons away".

Now that more junk coins are using x11, you will now see what hoppers do. (Those who can even get x11 to work. Which is not the majority.)

(higher difficulty = higher hashrate = lower rewards) You idiot, all coins do that now! That is part of the issue. The issue is that difference is exponentially decreasing rewards, which is too excessive for any form of stability. (Except in slow-growth, with a majority of steady-rising hashing-power. Which at the moment, and historically, has been ZERO of the coins.)

Anyways, enough with the crap about x11. If they want x11 then can make AIRx11coin, and call it A11Rcoin.

The KGW is fine, the formula just needs to be inverted to the way it reacts, and tuned to smaller time-spans. Which is essentially all DGW has done, and then renamed it, like it was some new invention.

At the moment, without a market, it doesn't matter if we make 0.1 coin a day or 500 coins a day. What matters is the actual issues that is PREVENTING a market from forming.

1: Premine excessive (Also not needed apparently.)
2: Interference with our direct value, by market manipulation on a market that doesn't exist yet.
3: Potential interference with our earnings as miners, by mining-reward manipulation without proposed limits to that manipulation.
4: Excessive low-valued holdings that can be sold below any new miners value at exponential gains. (That is every market though.)
5: Trust in "Anonymous strangers", who refuse to provide any proof of anything ever proposed. (Trade skills, Market skills, Economy skills, Identity)
6: Fear. (Silence in time of distress, failure to resolve, failure to produce, lack of intelligent reply, poor understanding of the reality behind the formulas they use, regulation without question, broken promises.)

Most of that is easy to wash away. Disclosure, Bots and PDF's won't fix any of that. Nor will x11.

You want me to write a full detailed proposal, for agreement of existing investment holders? I will be more than happy to setup a full formal proposal for step-by-step changes, for discussion, for acceptance with the intention of getting this coin off the floor and moving forward. You need a face, I have one to show. (I actually volunteered that as a service once before, in our skype chats, with AIRteam other investors.)

The only reason I am even still buying and mining, is because x11 was not introduced and there is still potential, and there is still time to achieve that potential. However, that window is closing, and no "marketing stunt" will reverse that in the current state the coin is in, with issues #1-#6 stated above.

Exactly what are you doing to "help your investment"? (x11 won't do shit for your investment if there is no-one to buy.)

P.S. Buy-orders BTC volume is down to 1 BTC now that I removed my BTC from the list. (It is still there, ready to snipe, just wanted to show you how much of a "not-me" market is there. Add the 1.5BTC that AIRteam has of yours, and that is still only 2.5BTC. How is x11 going to "solve" that? It will not. Nor will a bot. At the most, a bot can absorb the last 1BTC on the chart.)

How about a brand new thermal-imager? (Might be able to sell that for the cash.)
 Link to imager (FLIR Scout TS24 240x180 monocular 8.3Hz)

It is a high resolution imager, ideal for close-up work or field-work. I adjusted it for close-up shots... I can adjust it back for field-views. (Even give you the mount I started to make for it, and the video-screen, and eZvideo-capture dongle for your computer. That records any video source direct to your computer, not just the thermal-imager video.)

Everybody wants a thermal-imager... Don't they?

That was the worst porno ever! (Reminded me of the Saddam Hussein execution tape, but without the noose.)

So... That video was uploaded kind-of quick. (Could have just put-up a video of the other miner running.)

Not saying much beyond that. However, I am going to send you a PM with my original alternate request for a DIY miner. One which I would like answered, if only because I have stayed open-minded through all of this. Not to mention, directly offered assistance and service, which was once even considered, but Josh and Alecia left me hanging.

I still want frictions miner too, but the remainder of my funds are locked-up at the moment. (Some in Gox, others in alt-coins.) But that is another story.

Hope to hear from you.

I think this is one time we all agree with that quote...

There is a lot of his posts quoted... (Might not be as effective as they thought... Quick quote all his posts in one, and hold it for BTC ransom! JK, don't do that.)

To satisfy and appease the public, could the AIRteam add a page to the wallet, which contains the following...

A display which shows the contents/balances of the five premined blocks, visible at all times to every wallet holder. With an integrated "expenses" list below, that justifies each removed transaction. Bonus for a "user approval request", for removal/spending of coins from said balances, to pay debts. With the additional option to possibly "Donate", BTC or LTC in exchange for those coins directly. (Thus giving you the ability to pay for services in BTC or LTC, while keeping those AIR off the markets, where they would otherwise be "dumped", by the people you would normally have paid for those services. With the concept that the "Donated" values of AIR-holdings, be forcefully higher than any market-price, to also reduce temptation to dump, by those who donated for the possession of them.)

At the moment, the only way to alleviate the large values, would be to "revalue" AIR, so it was only a fraction of what it is now. This could only be done by moving all decimals of all values, over to the left, by four or five positions. Thus turning the holdings from 2,500,000 into only 250.0000 or 25.00000, which would also turn block-rewards from 3.720 into 0.00037200 or 0.00003720... Then you could SLOWLY allow reward to increase with hash-rate, instead of decrease. (Because as hash-rate increases, it is divided among more users, so there will still be less per user, but reduce the "fat wallets", of those who were "early miners". They will still be exponentially fat wallets, but not exponentially fat, by as much.) This would also require the full mined cap to be tripled, but with the decimals moved, that would not be much change, except that your premine would now be effectively 1/3 of 0.25%.

Thus... with 10 miners, they could earn about 0.00003720 per block... (/10 = 0.0000037200 per miner)
But... with 100 miners, they would earn about 0.00037200 per block... (/10/100 = 0.0000003720 per miner)

As opposed to now... (With the current steady value, but with the above stated decimal offset.)
10 miners get 0.00003720 / 10 = 0.0000037200
100 miners get (0.00003720/10) / 100 = 0.0000000372 {The /10 is for the diff-adjust}

That was just an example, but you get the idea. (Extra decimals added to show off-chart values.)

BTW, it took almost a whole 24 hours for the KGW to finally match the hash-rate of the miners. So for essentially 24 hours, the 110MHs network was mining with reward as if they were 220MHs, thus, getting nearly half the reward for mining... (Average of 75% of what they deserved.) If another 110MHs jumps on the net now, they would get a HUGE chunk of that low-diff, then leave once the KGW eventually moved up, and leave us mining all day long again, for 75%, while that miner had just gotten about 200% for a few hours of work. With that much hashing-power they would not need to mine in a pool.)

I could prepare a more formal structure, as a true proposal, if needed. However, I do hope you see what I was getting-at.

This reduces holder-dump damage, and miner-dump damage, and also network-reduction or network-increase damages, which lead to the aforementioned in "exponential decreasing earnings, while exponential inflated holdings" both exist at once, on the same chart.

P.S. This has other advantages too... (But too complex to get into on the forums. You may already see them. )

No, I didn't expect you to read all of that.

Your reply satisfies the contents stated in the TLDR post.

Not sure if you are trolling now, or being comical, or actually believe what you just said.

Either in the hospital... Having something extracted from his britches...
Or enjoying the scenic view of the riverbed... With his new cement shoes...
Or doing a porno... Titled, "Two dicks, one bowl, and a side of pineapple."...

JK, I am sure he is busy shooting the shit with them. (Not sure if a pun was intended there.)

That is a manufacturing issue, of the components, and if they allow it, they should at-least give you a replacement board for a decent price. That, or fix it for free. I realize it was free, but it is an after-market component, which I am sure they would be able to get coverage for, from the people they obtained it from. Minus the cost of shipping.