What about the risk of you just keeping all the 69.5 BTC
Same question.
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In 5 years, 600 Millions USD worth of electricity was burnt for bitcoin mining.
Is it true? Do you have any reference?
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Nope sorry, if you read his op, all the wording points to a secure investment, constantly rising in value, even if he doesn't directly state "you cannot lose money". Spare me your sophism. It's a scheme made so he'll always profit no matter what and the risk (practically certainty, cause someone WILL lose everything at some point with a ponzi, only a matter of time. While with legit investments it's not certain at all). Plus the private exchange part. All worth a very fat extreme caution remark. Cryptos+ipo is shady already as I stated, crypto+ipo+premine even more so. Crypto+ipo+new account+premine+ponzi structure and wording+private exchange=scam.
So if someone is making a profit he instantly becomes a scammer to you?
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He promises to buy back all the coins at 25% of its value. He didn't force you to do so. Look at other IPO, you can't even do that. You can only sell your coins on an exchange and if no one is buying, you will lose all your investment.
For the MILLIONTH time: with legit coins you KNOW you can lose (like with every investment), cause price CAN GO DOWN. Nobody is trying to deceive you you cannot lose by some magic, like this dev. Other ipos can be scams too ofc, and there are tenths of examples there already: they can run with the money or even do ipo+premine, taking investors money then dumping the premine for more btc and killing the coin. And they are tagged as scammers too in fact xD But this time the scam is already in place cause he's trying to deceive people to invest stating they cannot lose cause the rate is constantly rising. So that's already worth a scam tag. He didn't steal anybody money and he is not saying that people can not lose their money. He did exactly what he said. People read it, understand it and invest if they want, nobody is forcing them to do so. So far he did not steal anybody money and he delivered what he supposed to. So he is not a thief or a liar but still you say he is a scammer, why? I'm not envolving in this coin, did not mine it, did not invest in the IPO. I just think that it's unfair for him to be tagged as a scammer.
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The Dev Promised to deliver the IPO coins and an exchange system. Well, he did. IPO investors received their coins and the exchange is working. I don't know why he is still tagged as scammer? Who did he scam?
He scammed no one, the only problem is that ghibly is a depressed and lonely guy that probably masturbates at all the attention he gets here. But be careful, saying that you believe in StandardCoin will make you automatically a sockpuppet according to this mastermind.
Yeah, he took your money and delivered roughly 25% of that value back to you. He just scammed 75% of your investment and he's getting praised for that. Speaking about MASTERMINDS there ahahahahaaha He totally delivered xD (the scam). But maybe some other retard will come getting scammed in your stead buying more and repaying for your loss, cause that's how it works. To be honest I'm starting to think (at least some of) you aren't sockpuppets, just genuinely this idiotic: "Never attribute to malice that which can be adequately explained by stupidity", Hanlon's razor. I try my best to let you be but the level of human misery in these threads keeps calling me back. He promises to buy back all the coins at 25% of its value. He didn't force you to do so. Look at other IPO, you can't even do that. You can only sell your coins on an exchange and if no one is buying, you will lose all your investment.
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Is anyone having problems with bittrex deposits? Are they on the right chain?
EDIT: this is obviously related to Standardcoin
You may on the wrong chain. Check the explorer at: http://explorer.standardcoin.net/to see if you are on the right chain. Already done like 20 mins ago. This is the wallet bittrex provided me but my balance is still not showing You should contact the bitrex support to see if something went wrong.
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Is anyone having problems with bittrex deposits? Are they on the right chain?
EDIT: this is obviously related to Standardcoin
You may on the wrong chain. Check the explorer at: http://explorer.standardcoin.net/to see if you are on the right chain.
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The Dev Promised to deliver the IPO coins and an exchange system. Well, he did. IPO investors received their coins and the exchange is working. I don't know why he is still tagged as scammer? Who did he scam?
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Added CasinoCoin, Einsteinium, USDe to multipool circulation.
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Any word on MH / BTC? If it is somewhere around .004-006 I think I would give it a try.
It depends on many factors but I think it's around 0.004
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It means you received the transaction but not spend it yet
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Hi all, I mined a bit then sent to my wallet but nothing ever showed up. I mined @ pool.standardcoin it shows payment sent, tripple checked addy all is good just nothing came through. Any ideas?
You should update your wallet.
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You (two) are missing the point, or pretending to: he's (trying to) deceive people to invest into a pretended secure investment, where you cannot lose. While it's not the case. This is the very definition of a Ponzi scheme. His wording is clear. All cryptos are risky investments, kind of gambling too if you want, but nobody is telling you "ehy invest in my coin cause you cannot lose, cause I invented a system where you cannot lose, nobody ever thought about that!" (which is ofc a joke, and a scammy claim). If you realized it's actually just a gamble good for you, but this doesn't cancel out he's attempting to deceive people to scam them. And by the way judging from the replies, many people are not even realizing (or pretending not to..). Moreover there is the centralized "exchange" owned solely by him and the big trust issue involved. But that's just a nice "plus" xD Half of this is enough to give him plenty of negative feedbacks. That's why we gave him. Aren't all exchanges centralized?
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The exchange doesn´t work at the moment, right?
Step 2 and 3 have no function.
Seems to be working for me.
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Could you show estimated value of unexchanged next to unpaid balance and paid out? Is trading automated or are you doing it manually at the moment?
Done ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Trading is automated.
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This coin will never work. When the "value" drops against BTC simply trading halts. There will be no buyers. How stupid of an idea is that.
Yes, trading may hold if there are no buyers. But with this coin, at least you know your coin worth some value. With other coins, when there is no buyer, you simply lose all you investment. For example, right now IPO investors and first round investors can sell back there coins and get back 1/4 of their investment at any time no matter if there is any new buyer or not. And I think there is no reason for them to do that as they can just keep their coins and wait for the GER to rise. This will help create huge buy support. But as time when by and there is no buy support left, people can just dump their coins and get out. When they dump at the GER on the built-in exchange, it will allow new investors to buy in at a lower price, this will create new support. For more details, visit our homepage at: http://standardcoin.net/Just 1/4? I thought the prize will never drop! The buy back price will never drop, it's called "Guaranteed Exchange Rate" (GER). But the selling price may drop if coins are dumped to the store (Easier for new investors to get in). It's call "Store Selling Price (SSP). Please take a look at the formulas on the homepage: https://standardcoin.net/Thank you, I read it. So if I dump my 1.5 million IPO coins (which I haven't got so far!) at GER the SSP will necessarily drop. Then I buy at the lower SSP and so on. Sounds like the perfect "perpetuum mobile". If I understand correctly. The SSP is always higher than the GER. Its best rate against GER is: SSP = 4 x GER, and this will only happen when all 400,000,000 STD are in store. So you can't make any profit doing this.
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Adding CasinoCoin, CHNCoin. einsteinium, fluttercoin, usde to multipool circulation
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This pool can automatically mines the most profitable scrypt coin, automatically exchanges those coins for bitcoins, and pays out entirely in bitcoins. There is no registration. Simply connect your scrypt miner to stratum.tauruspool.com:8888 with your bitcoin address as your username, and any password. Payouts are automatic, and occur once a day, if your balance is greater than 0.1 BTC or if you haven't been paid out in 7 days and your balance is greater than 0.001 BTC. Fee for mining at taurus pool is: 0.5%
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