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9021  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 16, 2014, 03:07:49 PM
Just sent request and Invoice to purchase 6 Swiftbitz Ltd ATM machine shares. Machines with these shares attached are being shipped out to the U.K next week. Payments/dividends from these shares will be paid to us monthly in BTC..  Smiley

Nice and good Job!! Cool

Awe thanks Also thanks to the great DIEM DEVS we soon will have our block explorer and rich list up so coinmarketcap here we come.. Grin Then we can open registration for our Bagholders..

Here are our DIEM Friends..very helpful and can do lots of cool things!

https://bitcointalk.org/index.php?topic=588310.0
9022  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DIEM] CarpeDiemCoin - ROM Rehab Project - Wallet Update v1.1.2.3 8/3 on: August 16, 2014, 03:03:05 PM
DIEM DEVS are so kind and helpful..QIBUCK coin has ordered a block explorer and rich list.. Smiley Thank you and we can't wait to do more good collaboration between our two coins!!
9023  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 16, 2014, 02:38:22 PM
Just sent request and Invoice to purchase 6 Swiftbitz Ltd ATM machine shares. Machines with these shares attached are being shipped out to the U.K next week. Payments/dividends from these shares will be paid to us monthly in BTC..  Smiley
9024  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][1000 SYNC]|POS|ANON NITESEND|Profit share|Asset Backed|Colored Coins-RPCC on: August 16, 2014, 01:46:30 PM
We received the email for being members of the PROFIT CLUB..Thank you Admin and also sent reply re Chinese Translation work.. Smiley
9025  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 16, 2014, 04:16:55 AM
We Been looking at a few more places to invest. We found 3-4 on Havelock that are promising and one Script cloud hashing site as well as the Rigs. Smiley. So we will let you know next day or so what we are going to purchase. Smiley..
Here is a nice silver custom bullion site we have also been looking at. Our aim is to create a custom SILVER BULLION QIBUCK COIN every three months, limited edition to give to our QIBUCK FOUNDERS for bagholding their 10k coins religiously. Also maybe have a few for sale too. Smiley

http://www.sunshinemint.com/CustomMinting.aspx
9026  Economy / Securities / Re: [Havelock] Bitcoin Difficulty Derivative (BDD) on: August 16, 2014, 03:56:07 AM
We are thinking to invest in MINE AND SELL..Are dividends paid out daily? Or other ways? Smiley
9027  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 16, 2014, 02:08:30 AM

Keep at 100 QBK or above, give people option in payouts QBK or BTC no card otherwise would cost us monies where we can use for other development assets. Keep the Bagholder pool @ 50%

This is why I like to brainstorm on the threads in a civilized manner, that way we get a lot of feedback. Smiley

brainstorming for new ideas is okay but as mentioned in other posts try not to change so much from the original plan prior to ICO

100QBK entry point for example, there was a motion to raise it to 1000 that is 10x more than the original and IS a radical change, if you dont consider that radical change well then i would fear what other "small" changes are in the works AFTER the ICO

it would be nice to have the investor signup page up already, have the real investors sign up and bring the suggestions up to the investors then up for voting if necessary, maybe 3 votes for MAXI? 2 votes weight for MIDI and 1 Vote weight for MINI investors or something to that effect

I like this thinking in regards to the votes per level.

I also support not changing the entry level above what was established initially. I'm in for 1% but believe the 100QBK investor is still owed what was promised, this is why they bought 100 and not 99. Too late for changes there.

On the fence in regards to paying in QBK. I agree that many may just dump the coin essentially negating the buy support provided by paying in QBK. The silver lining here is even if ppl dumped it would be trade volume and in the end volume is king.

Great job on the brainstorming and kudos to everyone for remaining open and respectful Smiley

I really like this voting idea and am pleased to see all this positive energy and input..
Yeap I think keeping the 100 QBK level entry for the smaller investors to help give them a chance to grow is important to keep, also having both options payments is great.. Once we have toe forum set up it will be much more easier to organize different projects and activities like BITDV  explained then the community can get more engaged as we raise each topic then this thread would be more of a thread for updates and progress reports.

We may even open up a paid to post points system on the forum but not for spammy posts, only for people wanting to engage in the voting and brainstorming process, could be something we can allocate monthly from the bounty fund perhaps? Also maybe from the monetizing of the forum itself..Just spewing out another idea.
9028  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 16, 2014, 01:48:10 AM


Wouldn't though us buying up QBK throughout the month help increase market activity and buy pressure? After all many are wanting us to find ways to help increase the market share and price, this one way would be a no brainier, including a multipool. I can understand changing the mini pool part would keep out a lot of investors so yes point taken there. So maybe there can be btc or qbk options for payment without the card.  all three pools would require a lot of accounting Making more mini stakes within and would dilute the pools x 10 so I wouldnt personally like that idea. So maybe just keeping all pools as they are but giving btc ad qbk options would not be such a radical change only we add a FOUNDER POOL x5% and take that off the smaller pool to reward the 25 FOUNDER MEMBERS who promise not to dump 10k coins for as long as they wish to retain founder benefits. That would mean up to 250k non dump able coins. This way we are rewarding holders and not dumpers. Smiley

As BITDV just stated, the problem with paying just in QBK is that many people would sell it immediately to cash out for BTC. So yep, multipool + devs buying up coins increases buy pressure, but at the same time if you pay out just in QBK, you probably would negate that ... as many would simply turn around and then dump the QBK. Having two options, btc or qbk, could work, although I expect the majority to choose btc.

As for multiple stakes, the problem as discussed earlier in this thread is, if you don't do multiple stakes, or go with a percentage model, people may cheat. And that skype idea really isn't so feasible in my opinion. You also couldn't pay direct into people's wallets without that btc card (requiring an address) if you plan to stop cheaters that way.

As for diluting pools due to multiple shares, I don't think it'd matter as much as you may think. Yes there will be more shares, so each individual share will be worth less. But keep in mind that also means people will have multiple shares. So it should more or less even out.  It's like two people splitting $100, each owning 2 shares, so $50/share. If they instead each owned 50 shares, at $2/share, there would be no difference in the end. For the small time investor, perhaps they'd get a bit less, due to spillover from the rich folks now getting extra mini-shares with any leftover they have ... but it's better than requiring 1K to get anything at all. You'd have to crunch the numbers and see how that comes out.

A founder pool would probably be okay, but their money would need to be taken from someone else's pool... which may not go over so well. I'm not necessarily against it, just not sure how others would feel about it. Maybe they could be paid mostly in QBK from the multipool or something like that.



So probably the best out of all options would be:

1. Keep at 100 QBK or above, give people option in payouts QBK or BTC no card otherwise would cost us monies where we can use for other development assets. Keep the Bagholder pool @ 50%

2. Founder pool - not take from any percentage, as they get a big slice of the pie in payouts we can just over more incentives and perks which can come out of the bounty pool..like free silver every three months or other premium goods and services as we grow.
I think this route would be the easiest, also by just checking the rich list each month on audit date then we can just configure payments. BAGHOLDERS would still need to sign up and post both their btc and QBK addies and just choose an option for payment.

This is why I like to brainstorm on the threads in a civilized manner, that way we get a lot of feedback. Smiley

   Are the investments generating BTC anyway?  And I'm sure you guys will already have a pool of QBK.  So offering both options will not involve exchanging one for the other, hopefully. 

Most of the investments will be generating BTC yes..We will erect a multipool for miners to hatch QBK.. Smiley
9029  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][1000 SYNC] X11|POS|ANON NITESEND|Profit share|Asset Backed Sync Foundation on: August 16, 2014, 01:42:29 AM
is there a nice website/document in chinese explaining sync?

This is something we need ASAP, hoping someone in the community can step up. Anyone?

Make your Sync work for YOU! That means putting in effort to make it better.



My Husband is a CERTIFIED TRANSLATOR INTO MANDARIN CHINESE..Would you like me to offer His services to you? Smiley

Maybe we can negotiate a little Sync deal?

Also what do I need to do now for the SYNC PROFITS CLUB? Do we receive any confirmations emails? Smiley
9030  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 16, 2014, 01:02:45 AM
I can appreciate how QBK would be the easiest way to go, but i would also love the option of BTC of course. But that would mean exposing yourselves to scammers cheaters hackers etc. What if BTC option was available to 1000 QBK+ holders or something along those lines.

Also, what is your criteria for asset purchases? Could use a mix of these assets for exposure to mining operations & such: https://www.havelockinvestments.com



Yeap I am a member of Havelock..We will get the Team to look at some investments here. Thank you for the reminder.. Smiley
9031  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 16, 2014, 12:58:18 AM


Wouldn't though us buying up QBK throughout the month help increase market activity and buy pressure? After all many are wanting us to find ways to help increase the market share and price, this one way would be a no brainier, including a multipool. I can understand changing the mini pool part would keep out a lot of investors so yes point taken there. So maybe there can be btc or qbk options for payment without the card.  all three pools would require a lot of accounting Making more mini stakes within and would dilute the pools x 10 so I wouldnt personally like that idea. So maybe just keeping all pools as they are but giving btc ad qbk options would not be such a radical change only we add a FOUNDER POOL x5% and take that off the smaller pool to reward the 25 FOUNDER MEMBERS who promise not to dump 10k coins for as long as they wish to retain founder benefits. That would mean up to 250k non dump able coins. This way we are rewarding holders and not dumpers. Smiley

As BITDV just stated, the problem with paying just in QBK is that many people would sell it immediately to cash out for BTC. So yep, multipool + devs buying up coins increases buy pressure, but at the same time if you pay out just in QBK, you probably would negate that ... as many would simply turn around and then dump the QBK. Having two options, btc or qbk, could work, although I expect the majority to choose btc.

As for multiple stakes, the problem as discussed earlier in this thread is, if you don't do multiple stakes, or go with a percentage model, people may cheat. And that skype idea really isn't so feasible in my opinion. You also couldn't pay direct into people's wallets without that btc card (requiring an address) if you plan to stop cheaters that way.

As for diluting pools due to multiple shares, I don't think it'd matter as much as you may think. Yes there will be more shares, so each individual share will be worth less. But keep in mind that also means people will have multiple shares. So it should more or less even out.  It's like two people splitting $100, each owning 2 shares, so $50/share. If they instead each owned 50 shares, at $2/share, there would be no difference in the end. For the small time investor, perhaps they'd get a bit less, due to spillover from the rich folks now getting extra mini-shares with any leftover they have ... but it's better than requiring 1K to get anything at all. You'd have to crunch the numbers and see how that comes out.

A founder pool would probably be okay, but their money would need to be taken from someone else's pool... which may not go over so well. I'm not necessarily against it, just not sure how others would feel about it. Maybe they could be paid mostly in QBK from the multipool or something like that.



So probably the best out of all options would be:

1. Keep at 100 QBK or above, give people option in payouts QBK or BTC no card otherwise would cost us monies where we can use for other development assets. Keep the Bagholder pool @ 50%

2. Founder pool - not take from any percentage, as they get a big slice of the pie in payouts we can just over more incentives and perks which can come out of the bounty pool..like free silver every three months or other premium goods and services as we grow.
I think this route would be the easiest, also by just checking the rich list each month on audit date then we can just configure payments. BAGHOLDERS would still need to sign up and post both their btc and QBK addies and just choose an option for payment.

This is why I like to brainstorm on the threads in a civilized manner, that way we get a lot of feedback. Smiley
9032  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 16, 2014, 12:02:39 AM
The pool structure is still used,what do you mean by radical change?
The structure is same just altered.

Payouts in QBK only would probably be considered a radical change, especially if folks expected BTC.
Requiring 500 or 1K QBK would be considered a major change, if folks bought 1-400 QBK with the idea of getting payouts.

I consider them radical changes anyway... unless, again, I am misunderstanding something here and small time people would still get payouts even under these changes.

And payouts could still be in Btc  without spending 2K on those cards, as I'm sure folks would be fine with funds just being sent direct to their wallet.

Wouldn't though us buying up QBK throughout the month help increase market activity and buy pressure? After all many are wanting us to find ways to help increase the market share and price, this one way would be a no brainier, including a multipool. I can understand changing the mini pool part would keep out a lot of investors so yes point taken there. So maybe there can be btc or qbk options for payment without the card.  all three pools would require a lot of accounting Making more mini stakes within and would dilute the pools x 10 so I wouldnt personally like that idea. So maybe just keeping all pools as they are but giving btc ad qbk options would not be such a radical change only we add a FOUNDER POOL x5% and take that off the smaller pool to reward the 25 FOUNDER MEMBERS who promise not to dump 10k coins for as long as they wish to retain founder benefits. That would mean up to 250k non dump able coins. This way we are rewarding holders and not dumpers. Smiley
9033  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 15, 2014, 10:47:32 PM
What does everyone think of this idea?
All payouts in QBK,45% paid to holders of 1k and over Bagholders.
5% extra paid for Founders pool,those who hold 10k coins which must be held in wallet at all times.Extra perks for Founders.
25 people can claim founder status, every 3 months and can claim perks.

  Payouts in QBK sounds like a good idea.  

As for the rest, I'm not sure you can change things around quite that much, after the fact.  Some people bought with the original values in mind.  Now
having a coin maturity time for the bag holder bounty could still fly.  

I'm not sure what you mean by "Claim founder status,every 3 moths and can claim perks"

I just got into the 1% club if that matters.....  Smiley  That's a half founder or a flounder....  


Also do we have any detailed info on how the staking works.  Should it work out to 5% yearly for the coins in the wallet?  

It should work out 5% yearly correct but I am getting the info form our Dev asap..sent him a message, will post all the tech info as soon as I get it.  Smiley

This is why we like to discuss here and maybe once we have enough feedback we can set up the new model. If not 1k QBK min maybe set it to 500 QBK minimum which being more than 100 QBK would envision bigger amounts per bonus.
9034  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 15, 2014, 10:44:32 PM
What does everyone think of this idea?
All payouts in QBK,45% paid to holders of 1k and over Bagholders.
5% extra paid for Founders pool,those who hold 10k coins which must be held in wallet at all times.Extra perks for Founders.
25 people can claim founder status, every 3 months and can claim perks.

Paying out in QBK to the address holding the coins definitely makes the most sense and is easiest.

Could you break down the new numbers to clarify?

Before, it was 22% trading etc., 20% mini bagholders, 30% 1000+ bagholders, 5% bounties, 23% reinvestment.


20% management salaries pool ( we are one person less now so I will change that on the OP )

45% Whole bagholder pool from 1k QBK up

5% QIBUCK FOUNDERS BONUS POOL for 25 members that promise to hold 10k in their wallets and not dump at any time.  Over and above 10k they can trade and sell..This gives them added benefits like free silver and other perks plus share in this 5% pool

5% for bounties and giveaways  ( If less is pent here in one month we put it in tech and reinvest pool)

25% for tech development, infrastructur and re investments..

Also by paying out in QBK we save on spending 2k usd on cards which can be spent on an asset instead.


9035  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 15, 2014, 10:11:09 PM
What does everyone think of this idea?
All payouts in QBK,45% paid to holders of 1k and over Bagholders.
5% extra paid for Founders pool,those who hold 10k coins which must be held in wallet at all times.Extra perks for Founders.


I personally agree. Paying out in QBK will add constant buy pressure to the Coin and more market activity. Also the fact that everyone is paid by how much they actually own will give them an incentive to buy more and hold. The pools only make it an incentive to hold the minimum amount of coins to qualify for a pool payment while hard dumping the rest. Also raising the bar to 1k at least makes room for the more serious investors to hold and places the incentive to buy up a decent sized bag. Founder pool is a good idea because SYNC has something similar in their whale program, where whales are on advisory board and promise not to dump a chunk of their coin so if we made something similar, like QIBUCK FOUNDERS and max only 25 members, this would create a consortium of individuals who will be able to help us increase the net worth of QIBUCK as a whole. They would enjoy the benefits of the extra 5% pool plus gifts like free silver QIBUCK coins every three months for holding 10k QIBUCK in their wallets.
9036  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ABC] Abundance PoS/PoE/PoW - This coin is Live and Actively Mined! on: August 15, 2014, 07:57:19 PM
I want to put it in my signature..Has anyone got the ABC signature code? Smiley
9037  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BITTREX] Plankton (FOOD) - Community Takeover - Road Map 24th August on: August 15, 2014, 07:21:06 PM
I always liked Plankton..I still have 5 million FOOD..maybe time to chew off some more? Smiley
9038  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 15, 2014, 07:18:17 PM
Vbulletin forum, Social Media Platform and possibly a multipool for QBK coming over the next week. More in the works stay tuned..

i see your working very hard there dev team, i can see the rise of QBK value in no time, great job there, anyway remember "haters gonna hate" so don't let them slow you down!!

Thank you for the kind words and I have to also add that the licensed vbulletin forum and social site is being donated to us by a Great Supporter and holder of QBK  and posts here also consistently. We were going to purchase a forum but He wants to donate it to our cause. We have another revenue generating plan in the works as well but we can't mention it as yet as we want to make it happen first. We are happy for the coin price to rise organically as we prove our worth rather than just try to inflate the price to appease and reward mass dumpers. Our goal is to protect the Interests of QBK and the long term believers and holders of the Coin. Of course QBK is going to be day traded..We want to create a healthy volume on the Exchanges but we want the value of the coin to rise on par with or asset accumulation and revenue generating plans. Creating a store of wealth iand a quality buisnes is our primary goal here. Smiley.
9039  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed. on: August 15, 2014, 06:48:44 PM
Vbulletin forum, Social Media Platform and possibly a multipool for QBK coming over the next week. More in the works stay tuned..
9040  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][1000 SYNC]|POS|ANON NITESEND|Profit share|Asset Backed|Colored Coins-RPCC on: August 15, 2014, 06:39:13 PM
What are the best stake strategies?

Should I keep my Sync offline for a month and then stake, or just stake every few hours?

It varies by coin, but in the case of Sync, I would recommend one large block via coin control, and leave it open. Sync has a very short maturity period, and the POS minting is going down by half every thirty days until it reaches 1%. Right now you want as big a shot at that minting as you can get. I'm recombining every time I stake. The few minutes I lose vs. The increased shot at staking early in the maturity phase is worth it with a six hour maturity.

Coins with a longer period, I pursue a different strategy, and when Sync gets down to 1% I'll probably be doing it with Sync as well. Break your blocks over the period of a week so that you are getting some stakes every day.

PoS coins have become my main focus, so I'm studying how they work with several coins, and there really is no "best" strategy for all. Each has a different character, even with similar specifications. I'm planning on writing up a pretty comprehensive coin control guide, but I'm still seeing how it plays out between several coins before I commit that to the internet.

W just purchased yesterday just over 3 Sync, can you give us detailed instructions on how to stake? My Husband just has the wallet open on his desktop but other than that we don't know what else to do. He closes the comp at night of course. I just need the Idiot's guide to staking instructions. Smiley. Like go here click that etc. Cheesy We incubated all 3 Sync last night in the wallet so it was one lump sum that went into the wallet in one go.

Sure. It's simple.

If you haven't encrypted the wallet, just leaving it open is sufficient. Given the value of the coin, I recommend against that, though.

So, here's the procedures I use. Not all of this is necessary, and I'll put an asterisk next to what is necessary.

1. Click on Settings, then click on encrypt wallet. This will give you a box to put in a passcode. Make damn sure you have that passcode backed up somewhere safe. *
2. Click on settings again, then click on Options. From the options menu, click on the "display" tab and check the box to display coin control.
3. go to the receive coins tab and generate a new address. Label it something like "consolidation" (the label is irrelevant, just for your convenience). Copy that label to your clipboard. Go to the "send coins" tab and click on coin control. Click the "list" radio button so you can see all of your blocks. For the first run, click the check box next to all of them. Hit "ok" and close coin control.
4. Copy that new address into the payment line and send all of your coins to it. This gives you the highest chance of staking when the coins mature. (not necessary in your case as you already have them in one block).
5. click on settings, click on unlock wallet. In the window that pops up, make sure it has the "for staking only" checkbox checked, and enter your passphrase. Leave it running and that's all you'll have to do. However, this step will have to be repeated every time you close and open the wallet. *
6. Wait six hours. That's how long it takes to reach maturity. This is a minimum, of course, but that's when your coins become eligible for stake.


Thank you for this mini guide. I appreciate it. Will send now to Hubby for review.. Smiley


@DStefanov  Thank you for your kind words.. Smiley


Just now came in ..we staked our first Sync baby!
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