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41  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PoS] Edgecoin - Marketplace - Gambling - Advanced Wallet - 2 Days IPO stage 1 on: March 25, 2014, 07:03:49 PM
This is what stung me about the offer:

The price of Bitcoin on 16.2. when Anon first offered escrow the price of Bitcoin was 655$ on Bitstamp.

Today the price is 585$. The price did go down somewhat but not hugely.

But the price of escrow is now almost twice is much.


Ok. But the real question are those two above.

Sorry but to me it sounds like you smelled the opportunity and take advantage of it, because you have a sort of monopoly.

You'll have to talk to Anon about that. Back when Anon offered escrow for Exocoin the price was like 800+
42  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PoS] Edgecoin - Marketplace - Gambling - Advanced Wallet - IPO [Escrow] on: March 25, 2014, 06:49:35 PM
Please read the following carefully:

The fees will be higher this time than with exo_coin because the bitcoin price has fallen dramatically since I originally set those prices. I hope you will understand. The fee will be 0.02BTC or 0.9% which ever is greater.

Additionally YOU MUST BE IN PERSONAL POSSESSION OF AT LEAST ONE OF THE PRIVATE KEYS THAT YOU SEND FROM I will require digital signatures to release any funds or make any changes to the status of your order. Don't worry, its not as complicated as it sounds and I will be here for anyone who needs help to walk them through every step. You don't even need to know how digital signatures work yet, I can help you with that when the time comes, for now though just make sure that you send from a software client located on your machine or if you prefer e-wallet than use blockchain.info DO NOT SEND DIRECTLY TO ME FROM AN EXCHANGE

Ok so if you have read everything carefully and agree to these terms feel free to send to this address when ever you are ready.

1PT7jU42DQfVecwqBAnrT49gJhfVm3YyBz



Man, you really know how to make yourself some money don't you?

How long does it take you to sort the escrow for one person?

And if you went out and did something else instead of this, you'd make more money?

From what I've gathered he makes around 7-15 dollars per hour doing escrow work for people.

Ever consider he doesn't just do it for the money?
43  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PoS] Edgecoin - Marketplace - Gambling - Advanced Wallet - 2 Days IPO stage 1 on: March 25, 2014, 05:55:45 PM
Din
Can I join you? Huh
IPO stage 1

Of course

http://edgecoin.info/invest.html
1KFtdiVELBcaVtaueqf8RJBkoZnjHbshKA

Send me an email when you've invested
edgecoin@gmail.com
44  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PoS] Edgecoin - Marketplace - Gambling - Advanced Wallet - 2 Days IPO stage 1 on: March 25, 2014, 05:34:43 PM
Dude stop pissing me off. One fucking solicitation message is too much , but 2???

Stop this shit now!

I apologize, I just wanted your opinion. You're clearly trying to create FUD by posting here rather than politely requesting that I stop messaging you, privately.

Thank you. Smiley

Firstly, you dont write offtopic messages for members that didn't sign up for that.

Secondly, the fact that i didn't respond toyour first message was no clear sign?

You're right and I figured maybe you didn't see the message. However the message was certainly crypto-currency related.

There's nothing wrong with me attempting to promote my coin.

Thank you.
45  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PoS] Edgecoin - Marketplace - Gambling - Advanced Wallet - 2 Days IPO stage 1 on: March 25, 2014, 05:14:41 PM
Dude stop pissing me off. One fucking solicitation message is too much , but 2???

Stop this shit now!

I apologize, I just wanted your opinion. You're clearly trying to create FUD by posting here rather than politely requesting that I stop messaging you, privately.

Thank you. Smiley
46  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PoS] Edgecoin - Marketplace - Gambling - Advanced Wallet - 2 Days IPO stage 1 on: March 25, 2014, 04:33:11 PM
Now that the final days of stage 1 are here we will only be updating the investor page at the end of stage 1 (27th), we're getting so many investments every hour that it's pointless to update multiple times a day. If you want a confirmation on your investment, simply shoot me an email!

Yes, Escrow will be accounted for! Smiley
47  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PoS] Edgecoin - Marketplace - Gambling - Advanced Wallet - 3 Days IPO stage 1 on: March 25, 2014, 04:13:00 PM
People that pay into the IPO will get 100% of their funds 30 days after the coin is launched by way of 3.3% per day.

https://bitcointalk.org/index.php?topic=519856.msg5886133#msg5886133

Correct


release date?

1-1.5 months
48  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PoS] Edgecoin - Marketplace - Gambling - Advanced Wallet - 2 Days IPO stage 1 on: March 25, 2014, 03:13:42 PM
Props to the designer. Good luck with your coin. Smiley

Thanks! We're really glad we have him on board.
49  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PoS] Edgecoin - Marketplace - Gambling - Advanced Wallet - 2 Days IPO stage 1 on: March 25, 2014, 02:16:56 PM
Since 1st phase is now with escrow, I don't see how it's still considered riskier than 2nd or 3rd phase.  What am I missing?

You're really not missing anything, there's no risky/shady business going on here.

I'm available to answer more questions!
50  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PoS] Edgecoin - Marketplace - Gambling - Advanced Wallet - 2 Days IPO stage 1 on: March 25, 2014, 01:51:27 PM
1AbuMkKVnge2xsMesdcNQswrUPqedAfMb4
   1KFtdiVELBcaVtaueqf8RJBkoZnjHbshKA 0.99999 BTC
0.99999 BTC

Please release,Who is the investors?
Then he confirmed in this thread.
Sorry, I want to know, the investment ratio is a little big.

http://edgecoin.info/investors.html

Your current IPO percentage = 38.1%

These numbers are not entirely correct. @Din...you are not including escrow holders...


EDIT: just caught up on last few pages...looks as though you are addressing this.

A seperate table including Escrow investors is being created and will be included on the site today or tomorrow.

invest 0.9994 BTC through escrow(Anon136)
tx:3161dc10c01dcc9ac6f5ba1863b096e8b7d04ea26cd640d2c193bd9bbef7bc1a

thx


Noted, thanks for investing.
51  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PoS] Edgecoin - Marketplace - Gambling - Advanced Wallet - 2 Days IPO stage 1 on: March 25, 2014, 11:55:11 AM
Everything's going fairly smooth,
Thank you all for the kind words.
52  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PoS] Edgecoin - Marketplace - Gambling - Advanced Wallet - 2 Days IPO stage 1 on: March 25, 2014, 10:26:15 AM
No escrow,don't Believe IPO

Escrow is supported through Anon136



The wallet GUI is so beautiful than I had seen .

I think its necessary to introduce this coin new feature, despite I can see trading in wallet

Thanks for your kind words, we do also believe it's one of the best GUI's out there. Smiley
53  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PoS] Edgecoin - Marketplace - Gambling - Advanced Wallet - 2 Days IPO stage 1 on: March 25, 2014, 08:39:15 AM
if you launch an IPO, please have some decency not to use public email providers such as google... looks amateur.

I suppose but it's also free, convenient, and comfortable.

Thanks for the feedback.
54  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PoS] Edgecoin - Marketplace - Gambling - Advanced Wallet - 2 Days IPO stage 1 on: March 25, 2014, 07:51:41 AM
Goodnight guys! Was up late working.

Investor list will be updated tomorrow Smiley
55  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PoS] Edgecoin - Marketplace - Gambling - Advanced Wallet - 2 Days IPO stage 1 on: March 25, 2014, 07:24:31 AM
IPO will divide 5% of the total edgecoin , right?
50 billion is for IPO or for the whole edgecoin?

Sounds like a perfect distribution plan Grin

Thanks but it's now up to 15%

So, even better Wink
56  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PoS] Edgecoin - Marketplace - Gambling - Advanced Wallet - 2 Days IPO stage 1 on: March 25, 2014, 07:07:44 AM
Din, thanks
When the rule change?

Where is the new IPO rule?

http://edgecoin.info/invest.html
Refresh the page, just implemented the change. The investors were right, 15% is much much more fair and advantageous.
57  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PoS] Edgecoin - Marketplace - Gambling - Advanced Wallet - 2 Days IPO stage 1 on: March 25, 2014, 06:51:26 AM
IPO will divide 5% of the total edgecoin , right?
50 billion is for IPO or for the whole edgecoin?

IPO has been upped to 15%

50 Billion is max coins, total coins of Edgecoin
58  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PoS] Edgecoin - Marketplace - Gambling - Advanced Wallet - 3 Days IPO stage 1 on: March 25, 2014, 06:11:43 AM
too short an ipo. too little given to early investors(3%) AND only get your coins after 30 days or something.. most of the coins mined will be dumped by then. think il pass on this one..

The IPO is 30 days, split into 3 phases.

A total of 5% is being given, which is actually a lot. Exocoin is giving like 50% right? A little crazy in my opinion as most IPO coins do 1-3% TOTAL.

You're focusing too much on how many coins you'll make, not how much potential value they will hold.


You get 3.33% of your respective earnings every day following launch this is actually to PREVENT dumping, a tactic first seen in Reddcoin.

This makes no sense at all. Assuming you were to get a decent amount of investors in each stage (which it does not look like is going to happen for stage one) it would make more sense for them to put whatever they were going to invest into leasing miners. Within the first week ALONE 13 billion coins will have already been mined. For the sake of easy math let's pretend you managed to get 100 equal investors over the 3 phases. at 22%~ a week you are only distributing 550 million of investor's coins. Less than 5% of what will have already been mined. How is that preventing dumping even a little bit? I could spend 1 BTC to lease miners and get ~150MH/s for one full day. If you don't maintain a net hash rate of atleast 1.5gh/s I would make 200 million in one DAY alone when each of your 100 equal investors would only receive 25 million in one MONTH. And if you don't manage to get atleast 100 investors that means the coin is probably not popular and the nethash will be low. . And then there's the fact that miner's get to take full advantage of the PoS from day one if they choose not to dump while your investor's coins are gaining interest in your wallet. Redd coin is also sitting at 7 satoshi isn't it?

To reiterate you are distributing 550 million of investor's coins the first week when 13 billion coins will have been mined, and you are saying this is going to prevent dumping? Miner's are going to be dumping the first day it hits an exchange while the coin is most valuable and one month later your investor's will finally receive all of their useless coins.


After talking to some other investors I 100% agree with you. IPO will be released in its entirety immediately following launch.

Website will be updated tomorrow.

I feel the IPO has been very successful so far and will only continue to pick up as we continue to build and improve. You don't need hundreds of investors to have thousands of miners.

I would like to add that in less than 48 hours we've brought in 9 more investors, nearly quadrupling our previous BTC total. In this time we've continued to listen to investors and perfect Edgecoin for them, not us.

Thank you for the feedback! Smiley

I'm glad you are gaining investors however if the first stage ends soon that is still an extremely unhealthy distribution of coins and will only make investing in the later stages seem very unattractive. Especially in the last stage, competing against other investors for a small share of 0.5% would still not be cost effective vs. leasing miners, assuming a fair amount of people invest. I don't know when the first stage started, how soon it ends, or even how many investors you have so far total, but anything around 20 for the first stage gives way too many coins for early adopters. I think early adoption benefits are more suited for mining as opposed to IPOs, I don't like different reward stages built into an IPO but that is mostly just my personal preference. Still, it would not make any sense for someone to buy into stage 3 or for stage 3 to last so long at such a small percentage of coins unless there is a ridiculously low number of investors for the stage (which would defeat the whole purpose).

In the next 48 hours the distribution will certainly even out. We're just going to combine stage 2/3 and make it last 20 days, good point.

Implementing these changes tomorrow
59  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PoS] Edgecoin - Marketplace - Gambling - Advanced Wallet - 2 Days IPO stage 1 on: March 25, 2014, 06:07:06 AM
Hi Din,

what is the total amount of the edgecoin?




It's in the OP post, 50 billion.

Stage 1 ends on the 27th
60  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PoS] Edgecoin - Marketplace - Gambling - Advanced Wallet - 3 Days IPO stage 1 on: March 25, 2014, 05:13:32 AM
too short an ipo. too little given to early investors(3%) AND only get your coins after 30 days or something.. most of the coins mined will be dumped by then. think il pass on this one..

The IPO is 30 days, split into 3 phases.

A total of 5% is being given, which is actually a lot. Exocoin is giving like 50% right? A little crazy in my opinion as most IPO coins do 1-3% TOTAL.

You're focusing too much on how many coins you'll make, not how much potential value they will hold.


You get 3.33% of your respective earnings every day following launch this is actually to PREVENT dumping, a tactic first seen in Reddcoin.

This makes no sense at all. Assuming you were to get a decent amount of investors in each stage (which it does not look like is going to happen for stage one) it would make more sense for them to put whatever they were going to invest into leasing miners. Within the first week ALONE 13 billion coins will have already been mined. For the sake of easy math let's pretend you managed to get 100 equal investors over the 3 phases. at 22%~ a week you are only distributing 550 million of investor's coins. Less than 5% of what will have already been mined. How is that preventing dumping even a little bit? I could spend 1 BTC to lease miners and get ~150MH/s for one full day. If you don't maintain a net hash rate of atleast 1.5gh/s I would make 200 million in one DAY alone when each of your 100 equal investors would only receive 25 million in one MONTH. And if you don't manage to get atleast 100 investors that means the coin is probably not popular and the nethash will be low. . And then there's the fact that miner's get to take full advantage of the PoS from day one if they choose not to dump while your investor's coins are gaining interest in your wallet. Redd coin is also sitting at 7 satoshi isn't it?

To reiterate you are distributing 550 million of investor's coins the first week when 13 billion coins will have been mined, and you are saying this is going to prevent dumping? Miner's are going to be dumping the first day it hits an exchange while the coin is most valuable and one month later your investor's will finally receive all of their useless coins.


After talking to some other investors I 100% agree with you. IPO will be released in its entirety immediately following launch.

Website will be updated tomorrow.

I feel the IPO has been very successful so far and will only continue to pick up as we continue to build and improve. You don't need hundreds of investors to have thousands of miners.

I would like to add that in less than 48 hours we've brought in 9 more investors, nearly quadrupling our previous BTC total. In this time we've continued to listen to investors and perfect Edgecoin for them, not us.

Thank you for the feedback! Smiley
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