This coin is coming back  Its not even top100 on coinmarketcap. It was worth ten times as much a couple of weeks ago. It is the #6 in fastest growth over the last 24 hours: 112 Coino $ 78,528 $ 0.011 6,957,934 CON $ 618 +45.40 % Keep faith |
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This coin is coming back |
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Is the trading increasing as well?
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OK, Guys... and gals, I've sent the following to dmx via personal message:
dmx374:
We have seen that the nutcoin.com site has been down for several days now and we're wondering whether or not your team is still with us, to the point that we are wondering whether or not we should take action to try to take over the coin's development from here on out. I for one have thought maybe you took the site down to modify and upgrade it, but it's getting to the point that it's been too long for that and we suspect that you've abandoned the project and now feel like it's time for us to move on our own. I have suggested to the group that we give you and your team until Monday to confirm that you're still with us before we move on our own. We would love to hear from you to tell us what you're up to, because taking this over is not our desired option, we'd love for you to continue on with us, but if you are going to be the leader, we need you to point us in a specific direction or goals to work towards so that we can all be working together as a team. There are many of us out here that believe in this coin and want very much for it to succeed.
Thanks for your time,
RR
Long Live Nutcoin!
I hope that meets with everybody's approval.
Thanks for chasing this. Hope it will get better. |
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I think I'm in |
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I have a 100gh/s contract that started on Feb. 10. So far, after a 30% reinvestment fee and a 10% management fee, I have earned 0.0616 BTC. The total earnings if you do not subtract the fees are .1 BTC.
Thoughts?
I have a 20Gh/s contract and earned 0.014 BTC with the 30% reinvestment and 10 %management fee. I would just keep the BTC and not reinvest. The way things are going in the BTC market, take what you can whenever you can. You're probably right, but out of curiosity, I'm gonna check it out. I'm just over two weeks in (since 10/2) and these are the results: Results after two weeksTotal Earnings: 0.0514 BTC Management Fee: 0.005 Reinvestment: 0.015 (0.011 left) BTC left: 0.0314 Part of the reinvestment already appeared as a new worker with the following specs: 592.97 Mh/s 02/24/2014 02/24/2015 I'll show you the results in two weeks time. One thing I don't like is that the communication is quite scarce. I had no idea, they added the extra worker. |
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Anybody with enough knowledge to see if this makes sense?
My coding is rusty but it's part of the code for the block reward voting system, however without seeing more of the sourcecode it's hard to tell if it's just made up or not. I'm a pessimist so always dubious but anyone could post a few lines of code to make it look legit and for encouraging in confidence I'd still advise caution against investment. It still comes down to what I said previously, why can they not accept registrations for investment but only accept payment once they've launched and everything has been checked to see it's as promised, this would be the ideal situation for building confidence in the coin. Investors get their protection in case it's a fail launch and the devs get their money for coming up with the goods, it's win/win I'm also curious how exactly they will secure it for CPU only mining, so far no coin has managed this as the GPU miners have always found a way to overcome these protections against GPU mining and there's far too much invested in GPU mining to put them trying off trying to break these protections and open the floodgates Fair point. Why not use ESCROW for these kinds of things? |
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code for calculating the block reward based on decentralized voting. uint16_t GetCurrentBlockReward(CBlockIndex *pindexPrev)
{
if (pindexPrev->getSupply() >= nMaxSupply)
return 0;
// Tally reward votes every nBlockRewardVoteSpan blocks
if (!pindexPrev->nHeight || pindexPrev->nHeight % nBlockRewardVoteSpan != 0)
return pindexPrev->nReward;
printf("Vote: Calculating new block reward based on votes\n");
float avg = 0;
unsigned int count;
for (count = 0 ;
count < nBlockRewardVoteSpan && pindexPrev && *pindexPrev->phashBlock != hashGenesisBlock;
count++) {
avg += pindexPrev->nVote;
pindexPrev = pindexPrev->pprev;
}
if (!count)
return pindexPrev->nReward;
uint16_t nBlockReward = (uint16_t)round((double)avg/(double)count);
printf("Vote: Tallied %u votes - average block reward vote is %hu\n", count, nBlockReward);
return nBlockReward;
} Anybody with enough knowledge to see if this makes sense? |
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I'm sorry but why can you not just do our homework for us and show us the proof you're not going to be the next STACK ?
We cannot do your homework for you. We cannot prove we are legit other than by releasing Heavycoin. And you will see that in due course. It's nothing to do with marketing campaigns it's about being open and transparent to encourage confidence to invest in your coin, if you really wanted your coin to succeed something like this would be one of your top priorities from the outset considering how bad some coin launches have been which have been incredibly counter productive to promoting trust in crypto currency
We've done everything we are willing to do. The IPO is only a small part of the Heavycoin launch. I think that if you go back and read our posts you will find that we are being open and transparent. The Heavycoin IPO may not match your risk level. In that case you should not invest. However, we encourage you to take part in the mining and the bounties phases. I have read and I understand your problem with the escrow service but surely you could have come to compromise to find a solution or at least look for other escrow alternatives, I'm sure you're legit, however STACK dev seemed legit too and was often posting to encourage confidence and look how that ended up, so I hope you understand why people are looking for proof of concept in your venture (and looking from your previous posts you do have some empathy towards this)
Would it not be possible to have registration for IPO but not accept payment until launch is complete ? You're still getting your money but investors are assured with confidence that they can see a launch before committing their assets without need for escrow ? To me this would be best option for your venture whilst protecting investors unless you're in desperate need for the money upfront to cover your overheads before launch, there are of course other alternatives to encouraging confidence but it would depend on how willing you are to disclose personal information about yourself with evidence which could be considered a security risk and possibly against the ToS of this forum. I will be mining this come launch as it does seem an interesting coin, so I hope it turns out well but investing is just too high risk right now based solely on promises from another stranger on the internet. I wish we had a world where everyone was honest so things like this wouldn't be an issue however that isn't reality  Very true |
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Seems like somebody sent me the 20 million. Thanks! |
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It seems there will be lots of people with the same problem.. I also have a negative account for 270Million CENT.
I already opened a request asking them to sort this out. I just withdrew the amount I had in my wallet. If they want to compensate for their lost interests on my CENTs they can search somewhere else.
It's a way for them to refrain you from getting back all your funds and leave them altogether... |
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Hi,
The stake of 1% annually. Does this mean you get 1% extra coins per year? (Much lower than with MINT or EBT)
Anybody? i am also very interested in an answer to this very important question Thats the function in the source: // miner's coin stake reward based on coin age spent (coin-days)
int64 GetProofOfStakeReward(int64 nCoinAge, int64 nFees)
{
int64 nSubsidy = nCoinAge * COIN_YEAR_REWARD * 33 / (365 * 33 + 8);
if (fDebug && GetBoolArg("-printcreation"))
printf("GetProofOfStakeReward(): create=%s nCoinAge=%"PRI64d"\n", FormatMoney(nSubsidy).c_str(), nCoinAge);
return nSubsidy + nFees;
}
COIN_YEAR_REWARD = 0.01 (1%) But I couldn't figure it out when and how often it applies. Maybe a DEV could help to understand this better? edit: typo Thanks for the feedback. So it really is 1%. This basically means it is a pure POW coin, since nobody will be really interested in the PoS rewards, I think. |
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Recently withdrew my CENT from Cryptsy, but now they show a negative balance of 20M. Although it is a very small amount, I cannot withdraw any other coins from them anymore. :S
I withdrew about 200M from Cryptsy in three withdrawels, so I created a support ticket to fix this. This is how they responded: Hello ...,
It seems you overloaded the system with orders causing the system to ignore that a trade would put you into a negative balance. You can buy more or deposit to return your balance back to 0.0.
Sincerely,
...
Cryptsy.com I have no clue how this was possible with only three withdrawels, but effectively my BTC are locked now and I cannot withdraw coins. I have no clue how I'm supposed to buy new coins from their exchange.:S Update: even from Swisscex I cannot send the coins to them, because the deposit address is invalid :S It is a shame I don't have 20 million coins sitting in cryptsy right now as would have quite happily sent you some with a Cryptsy trade key just to get you up and running again. I wonder if there is someone who reads this who can possibly help you out?? Would be great if somebody could help me out! My Cryptsy transfer is b007b6c43f8fcbcaab90281b4d6825bae8ac5b8a and deposit (not recognized as valid address by Swisscex) PKjj7jGt89U3vPUs8r7Y3bP1o4XS9x6Y5A. Help a brother out. |
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Hi,
The stake of 1% annually. Does this mean you get 1% extra coins per year? (Much lower than with MINT or EBT)
Anybody? |
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Recently withdrew my CENT from Cryptsy, but now they show a negative balance of 20M. Although it is a very small amount, I cannot withdraw any other coins from them anymore. :S
I withdrew about 200M from Cryptsy in three withdrawels, so I created a support ticket to fix this. This is how they responded: Hello ...,
It seems you overloaded the system with orders causing the system to ignore that a trade would put you into a negative balance. You can buy more or deposit to return your balance back to 0.0.
Sincerely,
...
Cryptsy.com I have no clue how this was possible with only three withdrawels, but effectively my BTC are locked now and I cannot withdraw coins. I have no clue how I'm supposed to buy new coins from their exchange.:S Update: even from Swisscex I cannot send the coins to them, because the deposit address is invalid :S |
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AWESOME!!  Not going to sell for a long time |
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Small step for a Quack, giant leap for Quackkind! |
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Recently withdrew my CENT from Cryptsy, but now they show a negative balance of 20M. Although it is a very small amount, I cannot withdraw any other coins from them anymore. :S
I withdrew about 200M from Cryptsy in three withdrawels, so I created a support ticket to fix this. This is how they responded: Hello ...,
It seems you overloaded the system with orders causing the system to ignore that a trade would put you into a negative balance. You can buy more or deposit to return your balance back to 0.0.
Sincerely,
...
Cryptsy.com I have no clue how this was possible with only three withdrawels, but effectively my BTC are locked now and I cannot withdraw coins. I have no clue how I'm supposed to buy new coins from their exchange.:S |
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Will the amount of coins you need to pay for such a card, decrease when the coin becomes more valuable?
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I must say, it is getting a little puzzling. You would think the dev would have let us know he was taking the site down for work instead of just leaving us hanging and wondering exactly what is taking place. It's a strange way to run a ship.
Hopefully it's a new episode. As a late adopter, I don't really know what's going on with those donations and spreading the word. Anyone can enlighten me? |
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