There is a reasonable and rational case to be made for a buy and burn at .0001. It's actually a no-brainer if you look at the math. It has nothing to do with a pump and dump or gambling or any of the other ridiculous accusations made. The dev is under a lot of stress so i will just let it go. Peace.
I am sorry had some urgent stuff to do for the coin. It's a valid argument and I appreciate it but what we have in place might just do the trick as well. We may use your method as a last resort if ours fails. So we are open to options,. I just think at the moment we don't just yet need a so drastic one not after only being open for 3 days and only trading on one exchange. We can give it a week or so before we look at this more drastic approach. |
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HEH  I realy dont know and dont understand what i should do to run wallet. I created file with data from OP. I put this file in %appdata&/Qibuck folder and 0 connections. Can some nice person explain me on priv, step by step, how to run Qiwallet. I will be grateful. Make sure you save the conf file with correct name this wont work Yes, i had wrong name of file but now i changed it to "Qibuck.conf" and still nothing, no connections. Thx for answer. When you save the txt file of the nodes save it as ALL FILES not txt..try that..  |
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We are not ignorant or apathetic..I myself have donated thousands of usd assets and also invested over 5 btc in buying the coin in ICO and am working 24/7 to see this succeed and left OTHER PAYING JOBS to work full time on the coin. Just because we don't want to burn the coins and put up a huge buy wall in one chunk to suit those who want a quick exit, that does certainly not make us apathetic. We respect everyone;s point of view but it ma not necessarily be the route we wish to take. We have respect for those who treat our thread with respect and voice their opinions but we have a way to deal with the issue without the need for such drastic measures. Remember we are only 3 days old. I don't realize what the panic is all about. The panic seems to only be coming from those who wish to make a humongous roi in a very short space of time. W ere not dying, we are not going anywhere and if it means we end up buying a ton of coin to weed out the weak hands and bring in serious investors who understand our model then that's fine by us. You really all need to relax and let us do our job accordingly, like purchasing our assets, promo campaigns, coin tech enhancements and other revenue generating activities. At the end of the day we have every investor's interests at heart but we cannot facilitate the needs of the Restless Gambler, that is not the nature of our coin.
There is no panic. There is an opportunity to increase ROI for every longterm bagholder. A small investment now could reap large dividends forever. Will you listen and discuss? You are suggesting to invest 10-25 btc of thr ICO funds to buy up and burn the coins correct? |
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QBK on the move for some reason! Nice!
Like I said there are other ways to instill confidence than taking drastic measures..A more subtler and stealth approach always is the better choice. .. Reading the Art of War actually helps.. You never tell your opponent your strategy.. .. All I ask is for all of you involved to give us a chance and trust us and let us grow this baby.. in a healthier environment. |
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We are not ignorant or apathetic..I myself have donated thousands of usd assets and also invested over 5 btc in buying the coin in ICO and am working 24/7 to see this succeed and left OTHER PAYING JOBS to work full time on the coin. Just because we don't want to burn the coins and put up a huge buy wall in one chunk to suit those who want a quick exit, that does certainly not make us apathetic. We respect everyone;s point of view but it ma not necessarily be the route we wish to take. We have respect for those who treat our thread with respect and voice their opinions but we have a way to deal with the issue without the need for such drastic measures. Remember we are only 3 days old. I don't realize what the panic is all about. The panic seems to only be coming from those who wish to make a humongous roi in a very short space of time. W ere not dying, we are not going anywhere and if it means we end up buying a ton of coin to weed out the weak hands and bring in serious investors who understand our model then that's fine by us. You really all need to relax and let us do our job accordingly, like purchasing our assets, promo campaigns, coin tech enhancements and other revenue generating activities. At the end of the day we have every investor's interests at heart but we cannot facilitate the needs of the Restless Gambler, that is not the nature of our coin.
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There will be no putting up phat walls for mass dumpers or burning of coins just to create a quick pump for the next lot of dumpers who went in and bought low. We will with our work and stable trading exercises organically help to increase buyer confidence. We cannot be responsible for investors deciding to exit at a loss because they can't wait a few weeks for our coin and strategy to develop. The price will grow organically as will the long term investors who will take our coin more seriously and not look at it as the next coin to rape and dump hard to go to the next twitter, or fontas style pump and dump.pump and dump. We will build stabilization through rational trading practices for the benefit of our coin and long term investments. Today I have to send a list to Busoni to pay bounties and we are still looking for anyone that can make us a block explorer/rich list so if any of you can help in that Arena that would be useful to us. . |
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Yes. My point was that it would increase the dividend, not necessarily the value of the coin, but if the dividend potential increases, so should the value of the coin. Why else are you buying it? Why does it matter if 25 BTC is thrown away when the BTC per coin rises? That's all that matters. Your coin previously was backed by .0002 BTC. Now, it's backed by .0003 BTC.
Anyway, that was the word problem. That burning coins increases the BTC each coin is backed with and therefore the dividend, not necessarily the price on exchanges; although, that would logically follow.
Well, I view the dividend as a bonus. Not the main reason to buy the coin. The main reason to me is the devs have 100 btc to play with, and if we just said they'd use 20-30 btc on new coin features, that's probably more than any dev in the past has ever spent. Remember almost all previous ICOs involved devs who ran away with the funds or never spent much of the ICO money on the coin itself. Here they are mandated by Poloniex to do so, or they won't get the btc at all. And yes, the prices on the exchanges would logically follow. But since when do people in crypto behave in a logical manner? Sometimes coins are burned, and the price of a coin actually decreases. That was my point. What I'd expect to happen if they did buy half the coins and burned them is ... valuation would go up, but only a smallish amount, not by the same percentage we'd expect. Folks would rush to sell at this minor bump. And shortly thereafter the price would be exactly the same or less than it was when the burning occurred. We are spending part of the funds on coin features. We have a very good Dev on board but we want to do this over a period of time. We already have 2 features paid for and we want to do the features as we invest and earn also. I hope a few months from now everyone will be looking back and seeing what was all the fuss about. Sorry we had a power failure in our area today so need to read all the rest and catch up. |
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Withdrawal Confirmed.
Withdrawal from polo work. i recive coins in 5 second in my wallet
Who said it does not work ?
Correct, WD is working and wallets are staking. Also LINUX wallet is up. We are later going to be paying outstanding bounties. I am sending a list to Busoni for Him to pay out via our bounty Fund in Escrow and also purchasing 2 more assets and trading to help build volume and buy pressure. There will be no burning of coins or phat walls going up. We wish to help foster a healthy trading and organic environment as opposed to just whacking up a wall for a mass dump. . |
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maybe they considered to cancel all trade. ? and refund all ? [/quote] LOL why would they issue a refund? Polo and Qibuck team can't control dumpers. If people want to sell below ICO , for a loss, how is that their fault? All buyers took a risk, either hold for better times, or sell and STFU and go to your next PnD and cry in that thread.  [/quote] 1. I just woke up and I can see this is exactly the same Issue XBC coin had. The punters were crying out for XBC to burn the coins an what did that do the value? It dropped. 2. This was never meant to be a quick pump and dump coin. Unfortunately once the ICO ended from that very moment a relentless FUD campaign was started on the Poloniex Trollbox and social media out to harm both our personal reputations and the price of the coin. The FUDSTERS were even bragging openly on POLO how they were going to crash the price. The SHEEP and FOLLOWERS of this MOBSTER GANG, because in my eyes they are nothing more but a Crypto Gangster Mob just wanting to fleece money from every coin and noob traders, Just bailed out on the coin within minutes and hours, even selling at a loss. Either most of those people were just hoping for a 1000% roi in a few hours to make quick profits, or didn't read the ANN to make a valid choice.We will NOT take responsibility for the cruel actions of the MOB Neither we will take responsibility for the 'investors' who cut their losses and ran because they just followed the FUD campaign. 3. Our responsibility is to have fully functional wallets, a functioning coin and do do our best generating revenues, which in turn would help to increase demand in our coin, then the price would naturally rise. For those that can't wait for us to DO OUR JOB and want instant massive profits YESTERDAY, i am terribly sorry THIS COIN ISN'T FOR YOU. I would suggest you try your luck either in a Casino or another fast pump and dump coin. 4. We will discuss with out Team the best route to take to create a healthy and stable coin, other than that you will all have to be patient for further announcements as they come in in real time. 5. I personally will not waste a second of my precious time, which I could spend doing something positive for the coin, pandering and bowing to the FUDSTERS and Trolls on this thread or anywhere else. 6. I have just woken up so will find out form POLONEX when they will unfreeze withdraws so we can issue bounties and get on with urgent business at hand. This is all I have to say in this matter. Whatever actions we take to try and remedy the current situation we will report once we decide. I personally believe burning the coins is absurd as that didn't work for many other coins but only served a few greedy individuals. The whole point of this coin is to try to generate maximum profits. Sync coin also has a stabilization fund, did they burn their stabilization fund coins? Answer is No and also one more thing, we are three days old only and we are expected to have a fully fledged income producing coin which is preposterous. If Investors cannot wait then my simple answer to that is cut your losses and move on. If you have the patience to wait while we try to do our job without constantly being hounded and pounded then your patience will bear dividends. Thank you for reading. |
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WE APOLOGIZE FOR THE DELAY IN PAYMENTS OF THE BOUNTIES IN QBK but we are waiting for POLO to unfreeze the withdraw section. I am logging off for the night so tomorrow if it is unfrozen all bounties will be paid. Every bounty holder will receive an extra 10 QBK for their patience thanks.
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Spend the ICO on another coin IPO. Check.
Have a trader use the ICO for trading other coins. Check.
Sounds like a great investment plan. I'm in.
no maybe to pay for the previous failed ipo ? ...don't forget that part!  ~sounds "legit"..>> all in lol What's with you two klowns? Have you no self respect? Do you have nothing better to do but FUD up others threads? You think the anonymity of an internet thread makes it ok to criticize and tease others like you're on the playground? You two monkeys must have been beaten up a lot as kids. Maybe you're still kids...either way, grow up. If you disagree with how this coin is being managed how about spending your time elsewhere? Really, there is no need for criticism. Is your life so empty? BBmodBB: your FUD record is questionable anyway. I've seen you FUD a coin for pages then 10 pages later be praising it. In the end, just try to be better humans. The team behind QIBUCK have stumbled a bit but their heart is in the right place and they will rectify the situation. They clearly stated in the OP assets already in their possession and methods of generating income including the purchase of other coins. If i'm not mistaken bbmodbb, I believe you also bought into the SYScoin ICO so it's tough to cast judgment on that move without looking like a hypocrite. be good humans QIBUCK team, maybe a self moderated thread is a better choice to manage/delete the baseless FUD. People with legitimate questions have the right to ask but trolls have the right to **** off and should be dealt with accordingly. The syscoin looks like a pretty good move considering the mining payout modifications that have been made. In the end, it's all speculation. tl;dr  ===> we demand see the wallet with 100BTC in it!!!! Please check the ICO section of this ANN post.If you read in a previous post we have uploaded the pubic link to the ESCROW ACCOUNT.so kindly read our updates thanks. |
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WTF? No one has noticed that the updated wallet includes 0 reward PoW blocks? Someone just needed to fire up a GPU. I moved the blockchain ahead 50 blocks in the last few minutes.
Did the blocks you find all get rejected or some were accepted? They are confirming. I shut off my GPU and the blockchain is still moving so someone else is mining or else that was just enough to get PoS to kick in. Yeap we have someone mining this end..in the beginning he got a lot rejected so we are glad that this is working thanks..for the report.. |
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WTF? No one has noticed that the updated wallet includes 0 reward PoW blocks? Someone just needed to fire up a GPU. I moved the blockchain ahead 50 blocks in the last few minutes.
Did the blocks you find all get rejected or some were accepted? |
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The daily trading that will be put in place by our resident Trader is for generating profits as he is a well known successful trader on POLONIEX. He will be given a set amount to trade and will post a report to us to post monthly re profits. He is one of the most trustworthy and renowned persons I know and He himself Invested 5.7 BTC before the coin was launched to help cover coin costs and salaries. He then sold most of his 27,000 QBK at .00024 and higher for a nice 20% profit. No he didn't..he consulted with me on that and was taking in jest with one of the persons on the trollbox. That is a trollbox..lot of things are said there. . |
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Whatever coins we buy and hold as a liquid asset will be recorded, as for the day trading we haven't yet decided if we are going to openly disclose each and every trade. It can be done but am not at present sure that would be advisable not for the general public, maybe for our Bagholder members who own 100 coins or more, yes as they are classed as our investors. We will decide on this and discuss accordingly.
If you do it for your bagholder members, might as well make it public. It'd end up being public anyway. Personally I don't really think it matters if each and every trade is disclosed. As part of the bigger picture, I'd expect or hope most of the ICO money went to real assets or new coin features. But... if during one month a trading loss is reported, or folks notice some odd trade on polo where <junkcoin> went for a lot more than it should have, it could supply fud material, unless full trading details were disclosed. We can arrange a public trading ledger that wouldn't be a problem as we have nothing to hide or do weird trading practices. At the end of the day every investment carries a risk. We are not using all the money ICO for trading only a percentage of it and our resident trader has a track record of profits months in and months out and as for the odd negative trade, even the best traders can;t get every trade right. That's almost an impossibility. Whether we purchase a fixed, trade or make coin features, it is all a risk. I have seen coins with great features pumped and dumped even after they disclosed good news. We want to create a quality coin that issues some returns so that in the long term no one is at a loss. We can't be at fault though if people decide after a few hours or days that this coin isn't for them and dump at a loss. That is their decision if they can't wait for our developments and investments to be rolled and converted to profits. We can't do this in one day or one week and we sincerely apologize for that, but that is asking something impossible. . Like I mentioned earlier all we can do is our best to create a fully functioning coin with a profit attachment. |
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The daily trading that will be put in place by our resident Trader is for generating profits as he is a well known successful trader on POLONIEX. He will be given a set amount to trade and will post a report to us to post monthly re profits. He is one of the most trustworthy and renowned persons I know and He himself Invested 5.7 BTC before the coin was launched to help cover coin costs and salaries.
I suggest a monthly report of not just profits, but coins traded for that month. And make it public. It'll help avoid some FUD that way. @silverkinguk Well, when I say PR person, I meant less spin and more facts. Call it a spokeperson then... just someone who can clarify things a bit better. Pat answers like the team deserves respect etc. doesn't mean anything if it's coming from a team member. Better to just answer questions, like qiwoman just did now. Whatever coins we buy and hold as a liquid asset will be recorded, as for the day trading we haven't yet decided if we are going to openly disclose each and every trade. It can be done but am not at present sure that would be advisable not for the general public, maybe for our Bagholder members who own 100 coins or more, yes as they are classed as our investors. We will decide on this and discuss accordingly. |
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New Windows wallet compiled and on OP.
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Every transaction will be posted and is posted on a transaction ledger. The daily trading that will be put in place by our resident Trader is for generating profits as he is a well known successful trader on POLONIEX. He will be given a set amount to trade and will post a report to us to post monthly re profits. He is one of the most trustworthy and renowned persons I know and He himself Invested 5.7 BTC before the coin was launched to help cover coin costs and salaries. You may see me on bitcointalkshow, Link is on our ann thread and also you can see our team on our website. Other than that at the moment it is up to each person to decide if they wish to purchase our coin or not. There are a plethora of coins to chose from and we don't claim we are better or worse than any other coin. All we are trying to do is create a basic foundation to earn revenues for coin holders so the coin is not just a thin air coin with no backing.
All we can do at present is keep updating the ann and here for any new developments. We have a roadmap on the OP of this ann and are posting in real time developments as fst as we can get them done. Thank you for your patience.
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Stumbled upon this thread. Now the idea is basically a fund management without the obligatory higher watermark. And still want a 20+2% of the returns. Hmm... At least better than the new scam coins we see each day but really a way to dry up the initial investor slowly.  The 2% revenues for the Team members is for their WORK each month. I myself have left all my other work currently to work this project full time..It's called wages. So I guess never heard of the term higher watermark? Cause thats the only way people earn wages when working in the whole "investment" business. To clarify: Month1 -- 10% return, so now you have 110 btc with you Month2 -- -5% loss -- you dont get any wages or 2% here. While you still ahead by 5% Though I have no doubt returns in cryptocurrency can be huge if done correctly but in the same vein losses can pile up easily. and btw how do you insure against false trading to circumvent poloneix's escrow. To give an example, how will we know you wouldn't put up a cache of worthless coins from the team's kitty for say 10 btc, only to be bought by using the quibkcoin money? What false trading? I am a bit lost here. The coins I donated myself before ICO launched was a donation from myself. Any other coins or liquid assets are purchasing are brand new like the SYSCOIN ICO form moolah and we are going to purchase just over 3 SYNCOIN form POLONIEX..POLONIEX can see our trading accounts. Other trading will be done mainly form our TOP level trader JT who is well known in the Community. He is a big whale and wouldn't need to sell his own coins to us for a few btc ICO, He is worth a lot more than our ICO funds times 10 lol. And do you envisage BTC for buy support ? Yes we do soon and please be patient..We are a 2 day coin and we are all working hard for this coin's future. Please don't sell your coins less than what you bought them for. That's the only advice I would like to give at present. There will be more buy support and trading done to help the coin. Unfortunately we cannot discuss our trading strategies as our main focus is to deliver a working coin and profits. |
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Stumbled upon this thread. Now the idea is basically a fund management without the obligatory higher watermark. And still want a 20+2% of the returns. Hmm... At least better than the new scam coins we see each day but really a way to dry up the initial investor slowly. The 2% revenues for the Team members is for their WORK each month. I myself have left all my other work currently to work this project full time..It's called wages. So I guess never heard of the term higher watermark? Cause thats the only way people earn wages when working in the whole "investment" business. To clarify: Month1 -- 10% return, so now you have 110 btc with you Month2 -- -5% loss -- you dont get any wages or 2% here. While you still ahead by 5% Though I have no doubt returns in cryptocurrency can be huge if done correctly but in the same vein losses can pile up easily. and btw how do you insure against false trading to circumvent poloneix's escrow. To give an example, how will we know you wouldn't put up a cache of worthless coins from the team's kitty for say 10 btc, only to be bought by using the quibkcoin money? What false trading? I am a bit lost here. The coins I donated myself before ICO launched was a donation from myself. Any other coins or liquid assets are purchasing are brand new like the SYSCOIN ICO form moolah and we are going to purchase just over 3 SYNCOIN form POLONIEX..POLONIEX can see our trading accounts. Other trading will be done mainly form our TOP level trader JT who is well known in the Community. He is a big whale and wouldn't need to sell his own coins to us for a few btc ICO, He is worth a lot more than our ICO funds times 10 lol. |
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