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581  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Trader Coin - Scrypt - 10 Mil - Launched - Decentralized - 3.6 gh/s on: August 24, 2014, 10:53:00 PM
Nice I was about to quote someone but the mod's took care of it. Thank you Mod's

I deleted the post myself because I thought better about getting involved.  If you want to drag me back into the thread let me know.  I'll be happy to oblige.  What's the pre-mine address?

Well thank you for deleting it. I just didn't care for the name calling. You can see it by looking at the rich list. But I will still post it for you. Tnsf1RsHPRh5dUWEahkTcjxi4xbpQ46qcH
As long as you keep it respectful you are free to debate the premine. I am not hiding. I have not said I will not touch the premine or anything like that. But you can see I have not touched it. I have no interest in killing this coin.

I personally think it would be right to wait at least 30 days before selling and if it's worth a decent amount you should use some for promotion or other development.  After 30 days it would still be 5-6% of the total, but it's a more respectable % than it is right now.  What do you say?
582  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Trader Coin - Scrypt - 10 Mil - Launched - Decentralized - 3.6 gh/s on: August 24, 2014, 10:44:28 PM
Nice I was about to quote someone but the mod's took care of it. Thank you Mod's

I deleted the post myself because I thought better about getting involved.  If you want to drag me back into the thread let me know.  I'll be happy to oblige.  
583  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA on: August 24, 2014, 07:05:21 PM
Anonymity is a crypto myth.

You clearly haven't found XC yet.
584  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Trader Coin - Scrypt - 10 Mil - Launch 8/24/14 19:00 GMT - Decentralized on: August 24, 2014, 02:25:36 PM
Don't take this as bashing the coin,

But you did. Cheesy
585  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr on: August 24, 2014, 01:41:08 PM
could any other devs can take over pesa?

I wouldn't want this right now.
586  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr on: August 23, 2014, 05:21:38 PM
Hey Neoscoin replied to my tweet about someone fixing Pesa wallet hes wondering whats wrong with it.
https://twitter.com/GoCoinGo/status/503086344328208384

The devs here are fixing it.
I dont think it would be necessary.

EDIT: They are re-creating a new program structure for dynamic interest.

Agreed. I don't support this right now.
587  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr on: August 23, 2014, 11:50:50 AM
I donate 50,000 Pesas if the patch will be ready today to midnight. Cool

Well, that's why they said it's taking so long.  They aren't just making a patch, the code is changing drastically.
588  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr on: August 23, 2014, 01:34:13 AM
SkyValeey,

What's up man.  I missed you.
589  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr on: August 23, 2014, 01:13:45 AM
Just stick with us guys. Shouldn't be too long now.

Any Emergency Plan to save the coin from delisting due to low traffic at the only existing exchanger? It was inside the danger zone on 21st and 22nd. Cannot have that! It's at this moment the only lifesign of this coin's existance.

Yeah, this is my major concern with not having the wallet update.  I'm ok with waiting, but getting delisted from the only exchange would be devastating.
590  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [DRX] DARKFOX | POS | FoxBet© | FoxEX© on: August 23, 2014, 01:02:03 AM
I laugh when people make these posts. Nobody cares if you buy it or not right now.  This is the high risk stage and it's figured into the price.  If the dev comes out with a PoD you will pay 3x more to buy it.  I don't know about anyone else, but I didn't buy for a minor pump and dump. I bought for the possibility it's for real because that's where the real cheesecake is made.  We will find out soon enough if this coin is legit, PoD or not.

Nice one! Like you mentioned before - this coin is all about high risk / high reward.

My biggest gains in the past has been on coins much like this. I may lose out 9/10 times, but when it does work out I make up for my past losses many times over. The cryptoverse is one big casino and unfortunately if you want to find those big winners, you got to be willing to jump on coins that 95% of people are rejecting. At this stage, this coin is certainly not for those with a weak heart and you got to be prepared to lose it all.

If the wallet does drop, we could be looking at a gain of 10x-50x at the current price. The risk/reward ratio right now looks good to me.



Yes and I stand by that statement and agree with you.  My point is I don't like the way the dev is going about creating and taking advantage of the fear.  Assuming the project has been legit all along of course.

Didn't you already dumped your coins?

What makes you say that? Grow a set of balls and stop hiding behind a sock puppet.

you need to grow at least 1 ball and wait like everyone else and stop panicking  Cheesy Cheesy Cheesy

It's called using your brain.  Try it.  I know your everyday account. It takes a real two-faced coward to PM me like you want to discuss crypto and then hide behind a sock puppet when you want to talk shit. Look, I hope the dev comes back with the updated wallet.  I don't want anyone to be scammed.  I hope it works out for you...really.  I'm actually being sincere when I say that.
591  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [DRX] DARKFOX | POS | FoxBet© | FoxEX© on: August 22, 2014, 11:46:10 PM
I laugh when people make these posts. Nobody cares if you buy it or not right now.  This is the high risk stage and it's figured into the price.  If the dev comes out with a PoD you will pay 3x more to buy it.  I don't know about anyone else, but I didn't buy for a minor pump and dump. I bought for the possibility it's for real because that's where the real cheesecake is made.  We will find out soon enough if this coin is legit, PoD or not.

Nice one! Like you mentioned before - this coin is all about high risk / high reward.

My biggest gains in the past has been on coins much like this. I may lose out 9/10 times, but when it does work out I make up for my past losses many times over. The cryptoverse is one big casino and unfortunately if you want to find those big winners, you got to be willing to jump on coins that 95% of people are rejecting. At this stage, this coin is certainly not for those with a weak heart and you got to be prepared to lose it all.

If the wallet does drop, we could be looking at a gain of 10x-50x at the current price. The risk/reward ratio right now looks good to me.



Yes and I stand by that statement and agree with you.  My point is I don't like the way the dev is going about creating and taking advantage of the fear.  Assuming the project has been legit all along of course.

Didn't you already dumped your coins?

What makes you say that? Grow a set of balls and stop hiding behind a sock puppet.
592  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BLKT] BlackToken | BITTREX | POS | P2P TOR CHAT | OPEN SOURCE COIN MIXER | on: August 22, 2014, 09:21:54 PM
Hey guys. Even though I might not be posting updates every day I am still working on a few very unique features. All I can say is that it has to do with mobile and Tor. Also the wallet update will come on the 25th as promised so stay tuned. This coin WILL see big volume once I am done with the secret feature.

I am staying quiet about it so it will have a bigger effect on the coin including media attention and such. I am still here so anybquestions do not hesitate to PM me.

Cool man.  Sorry for the scrutiny but it's been tough out here in the alt-coin world lately.  If you do right, I'm behind you 100%.
593  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Trader Coin - Scrypt - 10 Mil - Launch 8/24/14 19:00 GMT - Decentralized on: August 22, 2014, 08:57:05 PM
I fully understand your concern. I know premines are a touchy subject with people. All I can say is that I think it is fair for the amount chosen. I am being upfront about it not trying to hide it or insta-mine this coin or even ninja launch the coin. But lets say I dump with in the first 2 days of the coins life. My question to put it blatantly is so what? That would be 5k coins on the market for a coin that will have just over 1 million coins this year or 10 million total coins. In the total life of the coin 5k coins is nothing. If you are afraid that 5k coins can destroy this coin then you are free to choose not to mine it. I am not hiding it. Everyone can decide for themselves do you want this coin or not. I welcome you digging into the numbers. Even if you hate my idea This is not moderated because I welcome everyone's opinion. Even when the FUD hits that is all part of launching a coin. All I can do is be honest and up front about it.

Ok, let's use an example of you dumping the coins in the first 10 days.  Your words were, "We can all agree that coins gain the most exposure at the beginning."  We also know that most traders look at market cap when determining value and market cap is calculated using currently outstanding coins, not the end of PoW total.  After 10 days of mining there will only be about 34K outstanding coins, with 5k, or 15% of them belonging to you. Let's assume a modest pump brings the market cap to 100K USD, which isn't out of the question for a freshly hyped coin. So you do the math. That nets you close to 15k usd of pre-mine that you can dump.  5-10 days after launch is the sweet spot for pump and dumps.  Sounds like a well hidden, lucrative scam to me. You are the one that said, "But lets say I dump with in the first 2 days of the coins life. My question to put it blatantly is so what?" It sounds like this could be your plan and you feel justified in doing it.

Edit: Now that I think about the words you used it just makes me more mad.  You are basically saying who cares if I make a useless coin with no development and a pre-mine and just dump it.
594  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Trader Coin - Scrypt - 10 Mil - Launch 8/24/14 19:00 GMT - Decentralized on: August 22, 2014, 08:33:18 PM
Thanks for the support. I really am trying to break the I am the developer of this coin mind set here. I want to see the community develop a coin from the initial hype stage. The main difference with this coin and just taking over a dead coin is it is hard to get people looking at a dead coin even if you are bringing it back with great stuff. I want to know can you launch a coin that will be run by the community from the start. We can all agree that coins gain the most exposure at the beginning. So if we can get this coin accepted as a community coin from the start with full exposure it just might be one of most successful community coins out there. It will be known from the beginning it is a community coin. So will be accept it? We will find out.

See the bold.  This is the exact point where your pre-mine will be a VERY large % of the outstanding coins.
595  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Trader Coin - Scrypt - 10 Mil - Launch 8/24/14 19:00 GMT - Decentralized on: August 22, 2014, 07:28:23 PM

Why take a pre-mine at all?  If it's such an interesting project to you then just do it for nothing.

So you would happily work at your job for free then, I take it?

It never ceases to amaze me. People are flocking to crypto to make money, yet they get pissy at the
mere mention that the coin developers, on whose backs they are making profit, should somehow get
compensated for their work.

Go work a couple of months at your job for free and then come back and complain about how devs
should be willing to do this for nothing if it means so much to them.

I put in free hours at my job all the time and I also make very generous donations to the coins I'm involved in so STFU when you don't know what you are talking about.  BUT, what development you idiot?  He already said he isn't going to develop the coin.  I'm all for pre-mines for developers that plan on working. Dan Metcalf deserves every coin he premined for XC.

Dude, while your opinion is respected and welcome.....YOU should be a little more respectful with your words man!  MUCH too quick to tell people to STFU and call them idiots, be cool man....this is not necessary bud.

Truth be told, you BOTH are making good points......neither is really right or wrong, but both are certainly valid points!

You brought up Dan Metcalf........I'm glad you did as XC is ALL about respecting other coins and communities.  You are right, the man deserves much for his efforts with XC.  

You also commented that this person should STFU when they don't know what they are talking about.  With all due respect, you should take some of your own advices it seems.  Tom did not say he wasn't going to develop the coin, he is saying he will not allow the coin to be dependent on him.  He is saying that HE, with the help of the community and as a community member will continue to develop the coin.  He is saying he will take an equal part with the community to further develop the coin, he is saying he will not be the hammer of the law and will work with the community to implement features or whatever that is agreed upon by the community as a whole.

I think if you knew a bit more of what you yourself was talking about, you would see your argument as some of us do.......completely pointless and ridiculous.  I REALLY mean no offense man, but from what I do know about Tom, albeit not a tremendous amount.......I can come to no conclusion other than he is a stand up and honest person.  The man has literally been taking a loss with Firecoin to try and help that community.  Do you have any idea how many hours and coins he has given out of his own pockets to entertain giveaways, just to gain more exposure for Firecoin...........he has gained nothing from that man, everything out of the kindness of his heart.

In my opinion, the efforts he has put forth for that community and coin has earned him much trust and respect on this forum!  To even bring up bullshit about this ridiculously small pre-mine....makes it very clear, it is you that doesn't know what is going on here!!

Please just keep this respectful and play nice, there are enough threads on this forum that are full of hatred and childish words.

Tom.....I do have a question for you brother.  With the work you are doing on Firecoin, and possibly others........do you have the time to stay active with this coin as well?  I think no matter what role you want to play in this, you will always be looked at as the "dev" and your continued involvement will still be essential here.

I was being respectful. She attacked me first, judging me and my thought processes when it comes to work ethics. My words aren't full of hatred, just anger that someone that doesn't know me one bit can start judging me and what I'm about.  You are the one being ridiculous with your long rant about something that really doesn't concern you at all.  If you took 2 seconds to read you can see that I was the one put on the defensive first, when in reality I'm putting forth questions to try and protect the community.  It's people like you that are making these forums hotbeds for scams.  Let people scrutinize the OP without fear of being shot down. I don't care what kind of work he did with other coins, nobody is above reproach...ever...nobody.

I will apologize to Bitcoinmafia for using offensive language. So there.

Read my post above this one that addresses the "ridiculously small pre-mine".
596  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Trader Coin - Scrypt - 10 Mil - Launch 8/24/14 19:00 GMT - Decentralized on: August 22, 2014, 07:20:26 PM
A premine isn't needed for a simple coin with no further development.  Sorry, but devs push out coins all the time with no premine, instamine, or IPO.  Remember?

We're not going to agree on this one, it seems, and that's cool. To each his own and all that.

Ok, so the premine is only .05% of the total.  Most people are going to dismiss this because it's so small, right?  But, if you analyze this more closely one can see the problem here. Let me explain.  

After 30 days of mining and trading there will only be roughly 86k coins produced plus the 5K coin pre-mine for a total 91K coins.  This gives our not so active community developer here anywhere from about 64% to 5.5% of the outstanding coins within the first 1-30 days of trading.  I think we can all agree that most initial pump and dumps happen within the first few weeks of launch. IMO, The actual pre-mine % at risk of being dumped is actually closer to 20%-30% or so.  This could easily be a well disguised pre-mine dump for any unscrupulous developer.
597  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Trader Coin - Scrypt - 10 Mil - Launch 8/24/14 19:00 GMT - Decentralized on: August 22, 2014, 06:04:00 PM

Why take a pre-mine at all?  If it's such an interesting project to you then just do it for nothing.

So you would happily work at your job for free then, I take it?

It never ceases to amaze me. People are flocking to crypto to make money, yet they get pissy at the
mere mention that the coin developers, on whose backs they are making profit, should somehow get
compensated for their work.

Go work a couple of months at your job for free and then come back and complain about how devs
should be willing to do this for nothing if it means so much to them.

I put in free hours at my job all the time and I also make very generous donations to the coins I'm involved in so STFU when you don't know what you are talking about.  BUT, what development you idiot?  He already said he isn't going to develop the coin.  I'm all for pre-mines for developers that plan on working. Dan Metcalf deserves every coin he premined for XC.

As do I. I still wouldn't begrudge a coin's dev team (including essential non-developers) compensation
for their time and effort, though.

Innovation and pushing the envelope are great - and necessary to advance crypto currency. I love
reading about and test driving the new features coming out with some of these newer altcoins. Still,
there is something to be said for old school simplicity. A solid, simple coin that works as promised,
with a dev team that won't bail, still has value - even if it can't transact anonymously, send messages,
or wash my car.

A premine isn't needed for a simple coin with no further development.  Sorry, but devs push out coins all the time with no premine, instamine, or IPO.  Remember?
598  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Trader Coin - Scrypt - 10 Mil - Launch 8/24/14 19:00 GMT - Decentralized on: August 22, 2014, 05:22:06 PM

Why take a pre-mine at all?  If it's such an interesting project to you then just do it for nothing.

So you would happily work at your job for free then, I take it?

It never ceases to amaze me. People are flocking to crypto to make money, yet they get pissy at the
mere mention that the coin developers, on whose backs they are making profit, should somehow get
compensated for their work.

Go work a couple of months at your job for free and then come back and complain about how devs
should be willing to do this for nothing if it means so much to them.

I put in free hours at my job all the time and I also make very generous donations to the coins I'm involved in so STFU when you don't know what you are talking about.  BUT, what development you idiot?  He already said he isn't going to develop the coin.  I'm all for pre-mines for developers that plan on working. Dan Metcalf deserves every coin he premined for XC.
599  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [DRX] DARKFOX | POS | FoxBet© | FoxEX© on: August 22, 2014, 05:20:11 PM
I laugh when people make these posts. Nobody cares if you buy it or not right now.  This is the high risk stage and it's figured into the price.  If the dev comes out with a PoD you will pay 3x more to buy it.  I don't know about anyone else, but I didn't buy for a minor pump and dump. I bought for the possibility it's for real because that's where the real cheesecake is made.  We will find out soon enough if this coin is legit, PoD or not.

Nice one! Like you mentioned before - this coin is all about high risk / high reward.

My biggest gains in the past has been on coins much like this. I may lose out 9/10 times, but when it does work out I make up for my past losses many times over. The cryptoverse is one big casino and unfortunately if you want to find those big winners, you got to be willing to jump on coins that 95% of people are rejecting. At this stage, this coin is certainly not for those with a weak heart and you got to be prepared to lose it all.

If the wallet does drop, we could be looking at a gain of 10x-50x at the current price. The risk/reward ratio right now looks good to me.



Yes and I stand by that statement and agree with you.  My point is I don't like the way the dev is going about creating and taking advantage of the fear.  Assuming the project has been legit all along of course.
600  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [DRX] DARKFOX | POS | FoxBet© | FoxEX© on: August 22, 2014, 04:54:17 PM
While waiting for the dev to drop the new wallet ... Grin




After the dev doesn't drop the wallet.   Cheesy

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