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3061  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ⟳ [ANN][CAPT] CAPTcoin - 100% distributed - No IPO on: July 25, 2014, 05:43:44 PM
Time has been increased to 1 minute and 30 seconds.
(30 seconds more).



I need some feedback on this please.

But beware that a longer time means bots can try for longer.

3062  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ⟳ [ANN][CAPT] CAPTcoin - 100% distributed - No IPO on: July 25, 2014, 05:40:25 PM
Use my ref for more CAPT!

Please don't post your referral link here.
You can publish it in your signature.

Check the OP for some signature designs.

Got my referral link!  Is there any way to customize it?

No, sorry. It can't be customized.

3063  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ⟳ [ANN][CAPT] CAPTcoin - 100% distributed - No IPO on: July 25, 2014, 05:39:29 PM
Time has been increased to 1 minute and 30 seconds.
(30 seconds more).

3064  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ⟳ [ANN][CAPT] CAPTcoin - 100% distributed - No IPO on: July 25, 2014, 05:32:18 PM
CAPT is listed at Coin-Swap.net

Markets
CAPT/BTC

Join our IRC channel
#coin-swap

Registration
Register

MFA Authentication
How to setup MFA with Google Authenticator

Support
Contact

Deposits
Confirmations are currently set to 10. You can watch the status of your deposit from your Deposit page.

Thanks!

The first payout will be in about 1 and a half hours. Then the trading can begin.


3065  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ⟳ [ANN][CAPT] CAPTcoin - 100% distributed - No IPO on: July 25, 2014, 05:30:38 PM
Isn't one minute enough?

How much time do you think would be OK?

(The longer the time, the longer a bot can keep trying)

3066  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ⟳ [ANN][CAPT] CAPTcoin - 100% distributed - No IPO on: July 25, 2014, 05:11:56 PM
So far, 85.7900 CAPT claimed by 16 different addresses.

These stats will be updated hourly:
http://get.captcoin.com/addresses.html

Cc8S1NY4a3NehLGh4JCmmtgbJJtWhXznDb is the closest to get a referral link.
3067  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ⟳ [ANN][CAPT] CAPTcoin - 100% distributed - No IPO on: July 25, 2014, 05:07:31 PM
Man, the 3rd captcha can be really hard to read.

That's the ultimate anti-bot captcha.

You can click the refresh button at right of the catpcha to show a different image for the same message.
3068  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ⟳ [ANN][CAPT] CAPTcoin - 100% distributed - No IPO on: July 25, 2014, 05:04:21 PM
As planned, 16 days after the pre-announcement:

CAPTcoin has launch on Friday, July the 25th 2014 at 5PM UTC.

Claim your CAPTcoins here:
http://get.captcoin.com/

3069  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][CAPT] CAPTcoin - 100% distributed - No IPO - [25 July] on: July 25, 2014, 04:59:01 PM
Exactly one minute until launch and the beginning of the free distribution!

http://get.captcoin.com/
3070  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][CAPT] CAPTcoin - 100% distributed - No IPO - [25 July] on: July 25, 2014, 04:42:01 PM
EcuaMobi, I have faith in you and your coin!  Regardless of others' doubts, I'll still be solving captchas today! Smiley

Thank you for your words Voltarius.

Only 18 minutes remaining for the launch!
3071  Economy / Auctions / Re: Ads on the CAPTcoin official distribution on: July 25, 2014, 04:40:46 PM
Forbidden Ads:
- No porn
- Nothing illegal
(Gambling is OK)

Allowed formats:
- Static png/jpg/gif or lightly animated gifs (up to 3 frames, updated not too often).
- A single winner can submit up to 3 banners to have them rotate randomly, or change the banner up to 3 times during the period.
3072  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][CAPT] CAPTcoin - 100% distributed - No IPO - [25 July] on: July 25, 2014, 04:27:31 PM
The auction for the Ads shown in the captcha form has been published:

https://bitcointalk.org/?topic=709901

100% of the received BTC will be used to buy CAPTcoins, and sent to the bounty fund for future developments and rewards.

Original Ads-selling idea was published here:

https://bitcointalk.org/?topic=683776.msg7843481#msg7843481


3073  Economy / Auctions / Ads on the CAPTcoin official distribution on: July 25, 2014, 04:24:16 PM
CAPTcoin

CAPTcoin is a new PoS coin with a new way to be distributed. To claim coins, people have to complete CAPT-chas.

There are 20,000,000 CAPT to be claimed, and there's a referral system. So it's expected thousands of people will visit get.captcoin.com hundreds of times each.

This is an auction for the 2 Ads spaces available at get.captcoin.com.

More information about CAPTcoin and its distribution can be found here:
https://bitcointalk.org/?topic=683776
Initial idea of the sale of Ads can be found here:
https://bitcointalk.org/?topic=683776.msg7843481#msg7843481

Auction conditions

  • get.captcoin.com has Google Analytics and the stats will be published here daily.
  • There are a top 728x90 and a bottom 250x250 banners.
  • The auction will last 10 days, starting when CAPTcoin is launched (today, July the 25th).
    Bidders will be able to check Analytics and update bids.
    (Bids are not expected during the first couple of days, until Analytics data is available)
  • If requested, winner(s) will have access to the Analytics account. Of course, if the daily data published here is not real, the money will be fully refunded.
  • The winners will send the payment (in Bitcoins) to a trusted escrow of bitcointalk.org.
    (If you're trusted and wiling to escrow, please post or PM me).
  • After the auction is ended, banners will be shown during the remaining distribution period (until September the 13th, or until all 20M CAPT are distributed).
  • 100% of the paid Bitcoins will be used to buy CAPTcoins. There will be thread in the official forum (https://forum.captcoin.com/index.php/board,2.0.html)
    so users can post offers to sell their CAPTcoins. This purchase will last at least until the end of the distribution.
    If the escrow is willing to continue helping, he will pay directly to the users who sell their CAPTcoins.
  • The purchased CAPTcoins will be sent to the bounty fund (CYvuVEus2FgZwEVB5Us3FeSgYfL6v89drT)
    to support future development (see Bounties & Donations in the CAPT announcement).

Starting bid:
BTC0.1 for the top banner
BTC0.05 for the bottom banner

Minimum increment:
BTC0.01

Buy it now:
BTC1.5 for the top banner
BTC0.75 for the bottom banner

Note the earlier the auction ends, the more time the Ads will be shown.

End date and time:
This auction ends on Monday, August the 4th, at 5PM UTC


The auction will not end unless at least 15 minutes pass since the last bid.

Payment methods accepted:
Bitcoin


Please bid in this format:

Quote
I bid BTC0.1 for the top banner

Quote
I bid BTC0.05 for the bottom banner

3074  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][CAPT] CAPTcoin - 100% distributed - No IPO - [25 July] on: July 25, 2014, 03:51:19 PM
The Total Distribution is 20,000,000 CAPTs Why 1 capt reward per captcha? Huh
20,000,000 is alot and it won't finish within the 50days distribution.

If a person claims coins for several hours per day during most of the distribution period,
he could get way more than 1k CAPT.

If several thousands of people claim CAPTcoins during 50 days, it's entirely possible to reach the 20M distribution.

If not all coins are distributed, anything remaining will be burned, so effectively the available
supply would be lowered, increasing the value of each coin.

The problem here is that it's impossible to foresee how many people will participate in the distribution
and therefore estimate the total number of coins to be distributed.

It's better if the distribution lasts the whole 50 days, so more people can be involved.

I read Jesor's post and I think his point is well analyzed.

What point exactly do you mean?

And why someone will want to buy thses Captcoins on an Exchange? Do you have any Market Strategies?

Initial marketing strategies are referral links and hopefully media coverage.
Later, some of the coins in the bounty fund will be used for small giveaways and further marketing.

Coins will reevaluate when the reward halves, and then again when the distribution ends.

That increase in value may start a huge rise in price. (I guess you know how crypto-coins and speculation work).

Also Know that people will get tired and loose interest in the Coin for entering Captchas just to earn minus reward.

If the price of CAPTcoin doesn't rise soon, yes some people may get tired.
Those who don't will get more coins (proportionally).

So when the price does rise, people in the later group will be more rewarded

But still good luck! I will try it and see where it will go.

Thanks.

3075  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][CAPT] CAPTcoin - 100% distributed - No IPO - [25 July] on: July 25, 2014, 02:39:13 PM
I simply don't believe you, and you know why? Because anyone would debunk my original post directly with telling me about the captcha providers you use.
You came way too late for that argument now. We'll just have to see to believe it, and trust me, I'll be doing some captcha's and analyse the traffic myself Smiley

I don't understand why the captcha providers were relevant to respond your first post.
I didn't know you were assuming I was getting income from the captchas.

Anyway, in less than 2 and a half hours you'll see the used captcha providers.


And about the server, don't cry so much, there are hosts that cost 100$ a year for the kind of server you need. You should know that if that was your area.

I hope you're right and I'll be able to downgrade the server.
For the moment I have a much more expensive one, better safe than sorry.

3076  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][CAPT] CAPTcoin - 100% distributed - No IPO - [25 July] on: July 25, 2014, 02:17:20 PM
Let's say this works out for you, you earned your money through this captcha slavery from the providers of these captcha systems, what then? Ad selling is over, Referral spam is over, distribution is over, when it gets pushed on a market it will vanish as quickly.

This coin serves no purpose except making you rich from +-103M captcha solvings. I'm only here to warn people not to invest time solving captchas for you to make 1 penny an hour.

I see you're wrongly assuming the origin of my income.

Captcha providers are: reCaptcha, VisualCaptcha and a captcha system created by myself for this project (I have experience in that area).
Of course, none of them generates me any income. They were chosen based on security and difficulty to hack.

The fact people solve captchas doesn't generate any incomes for me. I could say it generates costs, because I needed to upgrade to a quite expensive server to handle the expected load.

My sources of income will be:
  • Donations in CAPTcoin: People can donate here. There will also be an option to donate a small percentage while claiming the CAPTcoins in the captcha form.
  • Added traffic to my sites: After the official sale of Ads (and distribution) is completed, I may add Ads of my own if CAPTcoin.com and forum.CAPTcoin.com have enough traffic.
  • I will create several CAPTcoin services (automated escrow, dice games) and there will be a small fee. I will earn from those services if they get popular (I expect they will).

3077  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][CAPT] CAPTcoin - 100% distributed - No IPO - [25 July] on: July 25, 2014, 01:50:31 PM
Jesor's epic guide on "DONT FALL FOR THIS"


You will make 5$ solving 10.300 captcha's
1. You will have to solve about 103.000.000 captcha's to collect the total market cap:  20.000.000 / (1+0.5+0.25/3) * 3 = +- 103.000.000
2. Market cap will probably at most be $50.000
3. 50.000 / 103.000.000 = $0.00048543689 Per solved captcha.
In other words, You will have to solve 10.300 captcha's to earn 5$.

PS: Oh yeah, and the DEV will make 5 number figures over your backs (and probably abandon it afterwards)

Here are some facts:
  • People will make an effort to get CAPTcoins, unlike other coins where coins are given away (and still market cap is over $50k),
    so they will appreciate them and won't dump them for cents.
  • Because of referrals, CAPTcoin will be heavily promoted by its own holders.
  • Because it uses a new way to distribute, it will likely be promoted by the media.
  • Because of its unique way to distribute, there will be a lot of stakeholders, much more than on other coins.
    All of them will want the value of every CAPTcoin to go up, and a percentage of them will work to see that happen.
  • Because of the sale of Ads, there will be a bounty fund while still distributing 100% of coins.
    So, happy stakeholders, fair distribution, and active development. Not many coins can achieve that.
  • Because of the same sale of Ads, there will be an initial push of the market
    (because CAPTcoin will be purchased with the obtained BTC).
  • Reward will half twice, and then distribution will be over for ever. That will create a deflation.

Considering this, I really think the total market cap will be way way above $50.000.

But of course, nobody can know this for sure.


I hope I'll be able to make "5 number figures". That'd mean all early adopters would make 4- or 5-figure earnings.


Finally, please don't use bold, text size and colors.
If somebody is right, people will reply to their comments and everybody will read it, this is not a self-moderated thread. No need to "scream".
3078  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][CAPT] CAPTcoin - 100% distributed - No IPO - [25 July] on: July 25, 2014, 01:22:28 PM
Any comment from the DEV on the Trojan.Malware.KillAV.Gen.001 that shows up in VirusTotal for the wallet?  I know some wallets put up false positives, but whenever I see Trojan is makes me a little scared!!!

It's a false positive. I'm looking how to remove the warning, but I guarantee 100% it's a false positive.

I'm almost certain it's because the wallet has a built-in feature to PoW mine (via setgenerate true), besides the PoS stacking.

PoW blocks are now rejected, but I used setgenerate to mine the first block via PoW.

The false positive is related to mining. If it were real, the wallet would use 100% of the CPU, and you can verify that's not the case
(unless of course you use setgenerate true, don't do that).

3079  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][CAPT] CAPTcoin - 100% distributed - No IPO - [25 July] on: July 25, 2014, 12:56:36 PM
The server will soon be down for maintenance.
Its hardware is being upgraded.

It will be down for a few minutes.


The server is back up.

http://CAPTcoin.com

It's ready for the launch in 4 hours.

3080  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][CAPT] CAPTcoin - 100% distributed - No IPO - [25 July] on: July 25, 2014, 12:42:02 PM
The server will soon be down for maintenance.
Its hardware is being upgraded.

It will be down for a few minutes.
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