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7741  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [DVC]DevCoin - Official Thread - Moderated on: August 08, 2013, 02:47:19 AM
Questions:

1. Can anyone tell me at what point traffic to an article is measured? I want to promote it, but want to wait until I'm pretty sure the peak is during the time when it counts.

2. Does the traffic count for all articles or just the newest submissions?



How does one promote their devtome articles, exactly?  TIA.

Existing websites and such. I already do this with a different website I deal with so all I do is swap some links around from theirs to Devtome instead. I run some news sites for games, so the traffic isn't a problem for me; it's all about how I want to manage which sites are getting the click-throughs on my links, :p.
7742  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [DVC]DevCoin - Official Thread - Moderated on: August 08, 2013, 02:09:23 AM
I'm plugging a few articles. User vehementchrome has just put up some very well written stories. I'm enjoying the reading and wanted to recommend them.

http://www.devtome.com/doku.php?id=book_one_-_the_riven_pages

And no, that is not my alias. I receive nothing for advocating his pages. Just thought it would be enjoyable for others.
Off topic question but I'm wondering:
What happened to finshaggy?

He took five whole marijuanas at once and died!
7743  Economy / Service Discussion / Re: VPS hosting evalutation thread on: August 08, 2013, 02:02:18 AM
Molecular:

I love the idea of this thread and the concept behind it. Something you should really do, though, is add in links to posts or something for praise/complaints. For example, in the OP you state that complaints have been made about Momento, but without going through the posts there's no way to tell what those issues were. Even something as simple as saying like:

MomentoVPS - Link1, Link2

would go a long way...
7744  Economy / Services / Re: Using my car as a mobile billboard for BTC. I want to advertise BTC businesses. on: August 08, 2013, 01:47:24 AM
Hope I don't seem like a jerk for this but I'd probably be interested in running a similar campaign. I'm from the US and log a minimum of 400 miles per week, sometimes more; all during rush hour traffic too!
7745  Economy / Services / Re: Website Preview: BITADS.NET. Now Pay-Per-Hour! on: August 08, 2013, 12:27:01 AM
I was looking over the bids today and was wondering... when someone is outbid does it send them an email to let them know, or do they have to constantly keep watch of each site they are bidding on to see when someone else bids higher than them?
7746  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [DVC]DevCoin - Official Thread - Moderated on: August 08, 2013, 12:09:11 AM
Questions:

1. Can anyone tell me at what point traffic to an article is measured? I want to promote it, but want to wait until I'm pretty sure the peak is during the time when it counts.

2. Does the traffic count for all articles or just the newest submissions?


#1) I don't think he's going to release that information. If he did, everyone would throw traffic at the site at the same time and it would defeat the purpose of having the new system.

#2) Should be all articles.
7747  Economy / Services / Re: FREE BTC @ CoinFaucets! Automatic Timer/Rotator! on: August 07, 2013, 09:48:25 PM
Update! The following changes have been made 08/07/2013:

RedCoins added back to rotation
Bitcoins4Free added to the rotation
Fr33Bitcoins added to the rotation
FreeBitcoins4U added to the rotation

BitcoinTree removed from rotation due to shutting down
BTCFlow removed from rotation due to shutting down

If anyone has any other sites they want added or think should be removed, feel free to send me a pm or email!
7748  Economy / Services / Re: FREE BTC @ CoinFaucets! Automatic Timer/Rotator! on: August 07, 2013, 03:14:33 PM
Up!
7749  Economy / Securities / Re: [HAVELOCK] Crypto Currency (CFIG) Official Thread on: August 07, 2013, 03:08:39 PM
Is there another place where these people are actually answering the questions raised of the company? Their IPO is in a few days and they haven't answered, with even a  modicum of detail, any of the serious concerns. I'm a bit surprised, honestly. If I was a company in their situation, I'd be doing everything in my power to make everything as clear as possible to potential investors. I'd be very wary of this security until there is a lot more transparancy (Name of the bank they are working with, ACTUAL business model with numbers, ACTUAL current cash on hand, etc...). Good luck, I hope you can come through!

If I was a company I would have taken the time to ensure there would be none of these questions to begin with. Companies usually have legal advisers and specialists for drafting up business documents. This "company" that feels it has contributed $12 million doesn't have any of that? Really? If they are mis-managing money that bad, I wouldn't give them another cent because it means they clearly have no idea what they are doing and are either: a) a scam or b) going to tank due to thinking "EASY MONEY!"
7750  Economy / Lending / Re: CoinLenders :: Get bitcoin loans, and get fee rebates on your deposits! on: August 07, 2013, 02:56:58 PM
I want loan of 0.500btc and its for one month so what is your requirements for this
Collateral worth more than 0.5 BTC or enough reputation that is worth far more than that.

This line makes me wonder how much my rep is worth lol

Tree fiddy!
7751  Economy / Services / Re: Website Preview: BITADS.NET. Now Pay-Per-Hour! on: August 07, 2013, 06:53:03 AM
The broken 'approve bids' was due to conflicted javascript with the inputs.io javascript that I didn't notice. It is now fixed.

As for failovers, done! Very simple at the moment.

I plan on adding some more options like hide the ad completely or replace the ad-box with custom code although I will need to implement javascript adbox's for that.



Definitely need a way to just use custom code. I was thinking you could add a text box to enter it in, and then just call that if there's no sold ad slots. Ex:

If (!adSlotSold) $adDisplay=$failOver;

Basically what I want to be able to do is show a-ads or another network when there is no sold ad.
7752  Economy / Lending / Re: Looking for investors | Own / Partially Own Gambling Site on: August 07, 2013, 06:11:24 AM
Feel free to PM TradeFortress.  He offered 4 digit BTC funding at first and instead we're starting off with 10 BTC.  We exchanged about 20 e-mails.

Which tells me you couldn't provide enough security to warrant a four digit loan amount.

Plus, you are a forum newbie.  Everyone should approach with caution.

I just pm'd TF about this as well. He said he has given the guy no money but was "considering investing 10BTC." This makes me think the OP is even more shady, as he's implying TF has already sent the 10 BTC and is using that to verify his worthiness.
7753  Economy / Services / Re: Website Preview: BITADS.NET. Now Pay-Per-Hour! on: August 07, 2013, 04:36:34 AM
I'd rather have failovers. Like with most of my ad networks I am able to specify an ad that shows when there's nothing else to show. Ex. if the network doesn't have an ad for that page load, they will let me put in either my own ad or just use another ad network (like Adsense) take that spot. This way no matter what I always have a 100% fill rate.
7754  Economy / Securities / Re: [HAVELOCK] Crypto Currency (CFIG) Official Thread on: August 07, 2013, 02:02:10 AM
Take a real company, one which has real assets, real customers, real products and is looking to expand.  Say a trusted third party evaluates that the company is currently worth $10M and the company is looking for $5M to expand production.  The company would offer a 1/3rd equity stake to new investors to raise $5M in equity.

And there lies the difference. One is a real company with tangible assets. Thus their contribution is worth $10 million. In essence they are "raising" $15 million but are contributing 2/3 of that on their own with existing resources. The investors are asked to contribute the other 1/3.

I guess it really depends on how you look at it. The best way is to view it is (Company Value = Company's Investment, Investor's Amount = Investment, CI + I = Company Valuation = Total Raised).
7755  Economy / Securities / Re: [HAVELOCK] Crypto Currency (CFIG) Official Thread on: August 07, 2013, 12:48:28 AM
The valuation is the true amount they are raising.

Perhaps it's just the esoteric language of finance, but that's not the generally accepted definition of either of those terms. The amount raised is the total value of the shares sold to the public and it is quite distinct from the overall valuation of the company.

Anyway, I realize that you are saying that they are creating 12 million dollars in equity out of what amounts to thin air, and that does seem to be the case.

This.  They aren't raising $12M in value because by the vaulation of the company their idea/concept is ALREADY worth $12M.

(Shareholder Equity) = (Assets) - (Liabilities)

Prior to public offering
Equity (owned by founder) = Assets (idea)
$12M = $12M

After public offering
Equity (public + founder) = Assets (ideas + cash)
$15M ($3M + $12M) = $15M ($12M + $3M)

 


Ask any real investor. Ideas are a dime a dozen. An idea has absolutely 0 value until it has shown it is viable in the real world. People come up with excellent ideas all the time that fail due to lack of knowledge and/or execution issues. Therefore, they are saying that the equity (at this point nothing at all) is worth $12 mil. They are bringing nothing to the table right now but an idea. Thus they are saying that they are effectively raising 15 million. Were they to have documentation showing $12 million in true assets this would be different, in that they would still be "raising" 15 million but THEY would be fronting the first 12 of it prior to going public (leaving 3 million left for investors). This simply isn't the case.

Far too many people on these forums are investing in crap without any knowledge of how anything works other than saying "OMG I CAN THROW IN MONEY AND I MAY MAKE MORE" and then they get pissed off when they lose money as a result. It's a little disheartening, to say the least.
7756  Alternate cryptocurrencies / Altcoin Discussion / Proof of Stake (PoS) Flaw on: August 07, 2013, 12:33:11 AM
I'm cross-posting this from YACointalk as I think it's important. Here's the post:

------

So I've started finally generating PoS blocks, but I've run into a problem that I think should be addressed. Here is what I saw today:

Input: 5.14 YAC obtained 06/27/2013
Output: 5.14 YAC (2.57*2) 08/06/2013

Why is this a problem? Because there was no increase in the earnings amount due to the size of the transaction. This has led to two new issues:

1) The coins, while they were almost 1.5 months old, are now fresh even though nothing was earned in the process
2) The coins were split into two new transactions, meaning that if the system continues generating blocks like this, they will NEVER earn anything because they will keep earning 0 and being refreshed

The only solution I can see with this right now is to merge every transaction into one, but over time it will keep getting split over and over again leading to the same exact problem. It's really not efficient.

Can someone please shed some light on why it works like this? Essentially as it is I have 0 benefit in running the client because I'll never get anything unless I continue babying it and constantly merging the transactions (which causes massive days lost each time).

Transaction ID for verification: http://yacexplorer.tk/tx/41091faea5f93df880b1e017889a179e05112dd0a92bf9e6312b3cb3138bd974
7757  Economy / Securities / Re: [HAVELOCK] Crypto Currency (CFIG) Official Thread on: August 06, 2013, 11:16:43 PM
The reason you need 3 million dollars, I'm guessing, is because that is the minimum capital required for a bank in Panama applying for an International License.

What are your plans if your application is denied by the Superitendency of Banks of Panama? Are you familiar with the requirements for this type of license and have you started the process? Unless you have experience in banking, I think the odds are that you will be denied.

http://www.superbancos.gob.pa/documentos_ing/laws_regulations/laws_regulations/licenses/acuerdo_3-2001.pdf

Also, are you aware that the issuance of bearer shares of any licensed bank in Panama is prohibited?

I can't fault you for ambition, but have you actually retained counsel? There are many dodgy websites promising that you can easily "own your own bank in Panama" but that really doesn't seem to be the case anymore.


Let's say the $3 million is for the license. They aren't asking for $3 million. They are asking for $15 million. There's still a massive amount ($12 million) that is unaccounted for. And this is a start-up, so it's going to have problems.

Well they are only raising 3 million, but based on a 15 million valuation. I agree, the valuation is out of sight for what amounts to an idea with only a slight chance of success.

They may be completely genuine in their intent, and the idea might even work for a person or group with capital and significant banking experience, but I have a feeling they decided to raise the capital before doing the sort of due diligence this kind of enterprise requires.

The valuation is the true amount they are raising. They are saying "if you give us $3 million, we will give you 1/5 of the company. This means that what we have contributed so far is worth $12 million." In other words, they are really saying that they are raising $15 million, but that they are personally contributing something worth 12 of it, leaving 3 more for the public.
7758  Economy / Securities / Re: [HAVELOCK] Crypto Currency (CFIG) Official Thread on: August 06, 2013, 10:57:46 PM
The reason you need 3 million dollars, I'm guessing, is because that is the minimum capital required for a bank in Panama applying for an International License.

What are your plans if your application is denied by the Superitendency of Banks of Panama? Are you familiar with the requirements for this type of license and have you started the process? Unless you have experience in banking, I think the odds are that you will be denied.

http://www.superbancos.gob.pa/documentos_ing/laws_regulations/laws_regulations/licenses/acuerdo_3-2001.pdf

Also, are you aware that the issuance of bearer shares of any licensed bank in Panama is prohibited?

I can't fault you for ambition, but have you actually retained counsel? There are many dodgy websites promising that you can easily "own your own bank in Panama" but that really doesn't seem to be the case anymore.


Let's say the $3 million is for the license. They aren't asking for $3 million. They are asking for $15 million. There's still a massive amount ($12 million) that is unaccounted for. And this is a start-up, so it's going to have problems.
7759  Economy / Services / Re: FREE BTC @ CoinFaucets! Automatic Timer/Rotator! on: August 06, 2013, 10:46:01 PM
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7760  Economy / Services / Re: [ANN] Advertising Opportunities on CoinFaucets! on: August 06, 2013, 10:45:25 PM
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