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Jesor's epic guide on "DONT FALL FOR THIS"
You will make 5$ solving 10.300 captcha's
1. You will have to solve about 103.000.000 captcha's to collect the total market cap: 20.000.000 / (1+0.5+0.25/3) * 3 = +- 103.000.000
2. Market cap will probably at most be $50.000
3. 50.000 / 103.000.000 = $0.00048543689 Per solved captcha.
In other words, You will have to solve 10.300 captcha's to earn 5$.
PS: Oh yeah, and the DEV will make 5 number figures over your backs (and probably abandon it afterwards)
Let's say this works out for you, you earned your money through this captcha slavery from the providers of these captcha systems, what then? Ad selling is over, Referral spam is over, distribution is over, when it gets pushed on a market it will vanish as quickly.
This coin serves no purpose except making you rich from +-103M captcha solvings. I'm only here to warn people not to invest time solving captchas for you to make 1 penny an hour.
I see you're wrongly assuming the origin of my income. Captcha providers are: reCaptcha, VisualCaptcha and a captcha system created by myself for this project (I have experience in that area). Of course, none of them generates me any income. They were chosen based on security and difficulty to hack. The fact people solve captchas doesn't generate any incomes for me. I could say it generates costs, because I needed to upgrade to a quite expensive server to handle the expected load. My sources of income will be: - Donations in CAPTcoin: People can donate here. There will also be an option to donate a small percentage while claiming the CAPTcoins in the captcha form.
- Added traffic to my sites: After the official sale of Ads (and distribution) is completed, I may add Ads of my own if CAPTcoin.com and forum.CAPTcoin.com have enough traffic.
- I will create several CAPTcoin services (automated escrow, dice games) and there will be a small fee. I will earn from those services if they get popular (I expect they will).
I simply don't believe you, and you know why? Because anyone would debunk my original post directly with telling me about the captcha providers you use. You came way too late for that argument now. We'll just have to see to believe it, and trust me, I'll be doing some captcha's and analyse the traffic myself  And about the server, don't cry so much, there are hosts that cost 100$ a year for the kind of server you need. You should know that if that was your area. |
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Jesor's epic guide on "DONT FALL FOR THIS"
You will make 5$ solving 10.300 captcha's
1. You will have to solve about 103.000.000 captcha's to collect the total market cap: 20.000.000 / (1+0.5+0.25/3) * 3 = +- 103.000.000
2. Market cap will probably at most be $50.000
3. 50.000 / 103.000.000 = $0.00048543689 Per solved captcha.
In other words, You will have to solve 10.300 captcha's to earn 5$.
PS: Oh yeah, and the DEV will make 5 number figures over your backs (and probably abandon it afterwards)
Here are some facts asshole: - People will make an effort to get CAPTcoins, unlike other coins where coins are given away (and still market cap is over $50k),
so they will appreciate them and won't dump them for cents. - Because of referrals, CAPTcoin will be heavily promoted by its own holders.
- Because it uses a new way to distribute, it will likely be promoted by the media.
- Because of its unique way to distribute, there will be a lot of stakeholders, much more than on other coins.
All of them will want the value of every CAPTcoin to go up, and a percentage of them will work to see that happen. - Because of the sale of Ads, there will be a bounty fund while still distributing 100% of coins.
So, happy stakeholders, fair distribution, and active development. Not many coins can achieve that. - Because of the same sale of Ads, there will be an initial push of the market
(because CAPTcoin will be purchased with the obtained BTC). - Reward will half twice, and then distribution will be over for ever. That will create a deflation.
Considering this, I really think the total market cap will be way way above $50.000. But of course, nobody can know this for sure. Let's say this works out for you, you earned your money through this captcha slavery from the providers of these captcha systems, what then? Ad selling is over, Referral spam is over, distribution is over, when it gets pushed on a market it will vanish as quickly. This coin serves no purpose except making you rich from +-103M captcha solvings. I'm only here to warn people not to invest time solving captchas for you to make 1 penny an hour. |
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Jesor's epic guide on "DONT FALL FOR THIS"
You will make 5$ solving 10.300 (ten thousand three hundred) captcha's
1. You will have to solve about 103.000.000 captcha's to collect the total market cap over 50 days: 20.000.000 / (1+0.5+0.25/3) * 3 = +- 103.000.000
2. Market cap will probably at most be $50.000 since this coin has no long term strategy.
3. 50.000 / 103.000.000 = $0.00048543689 Per solved captcha.
In other words, You will have to solve 10.300 captcha's to earn 5$.
PS: Oh yeah, and the DEV will make 5 number figures over your backs (and probably abandon it afterwards)
Note: Even if all rewards are taken at the first 10 days (yeah right) for 1 coin reward, it would still take you 6000 captcha's for 5$
5 / (50.000 / (20.000.000 * 3)) = 6000
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Hey guys, I have a fair amount of PIGGY and sent them from Poloniex to my own wallet.
Since interest/staking is new to me I am wondering how many times interest is paid, is it like every 24 hours?
Thanks a bunch.
-- Oink oink!
Interest/staking will start at block 8000 but you need to have your coins inside your desktop wallet for interest to be paid (I don't think exchanges pay interest, do they?). You will also need to wait 8 hours, that's the minimum coin-age in which your coins start to generate a stake. Thanks for the info! By they way, you should take a nap here and there, don't you ever sleep?  Great work on the new wallet by the way, I have a few remarks though, but I will post about that later (Going to kill some nazis on the moon now.. yeah.. the MOON! (Wolfenstein)) I'm a functional/security penetration tester for my profession by the way, so if you require my skills, I will be glad to help you out for free I was waiting a long time to get involved into a coin, and yours matters, compared to others.. I currently work for an online eHealth company, and that really set me to focus on software that makes this world a better place instead of creating more greed, and I can see (even bigger) potential in a Piggybank for newcomers and new generations. So feel free to hit me up, I would enjoy it |
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Coin is underevaluated so much Im buying a lot at low price really nice. 500 millions coins only. With the dev implication and project it can go much higher. ONLY 500 million coins? Are you joking, that is a ton of coins. BTC 21M LTC 84 Million Lets say all coins are mined (they won't be for a long time), but for the sake of it, let's say it is: 500.000.000 x 0.00000025 = 125 BTC, 125 BTC = 73.860 USD. So yes, very undervalued in my opinion also |
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Hey guys, I have a fair amount of PIGGY and sent them from Poloniex to my own wallet.
Since interest/staking is new to me I am wondering how many times interest is paid, is it like every 24 hours?
Thanks a bunch.
-- Oink oink!
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Yay, launch was successful . do not think so... no conf file, no nodes, coin stacked on 60903 block like one hour! You are looking at the old blockchain champ well, just downloaded your new wallet and ran it... you gave no conf file you gave no nodes it is your mistake if new wallet looks to old blockchain! see the screen:  My bet is you're not using the Windows client, perhaps other clients aren't updated yet on the site |
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Yay, launch was successful . do not think so... no conf file, no nodes, coin stacked on 60903 block like one hour! You are looking at the old blockchain champ well, just downloaded your new wallet and ran it... you gave no conf file you gave no nodes it is your mistake if new wallet looks to old blockchain! see the screen: Ermm, thats still the old wallet.. this is the new one: (It's in Dutch sorry, too lazy to change)  |
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Yay, launch was successful . do not think so... no conf file, no nodes, coin stacked on 60903 block like one hour! You are looking at the old wallet, thats PIG, PIGGY = new wallet, you can download it from the official site. After openeing you get one error message, just ignore it and open it again, and poof! new wallet! |
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I don't hear anyone say this (or the opposite) so I'll be the first:
Thanks for the smooth launch!
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Just takes time with new coins, be patient, im at Minep.it, and also still no results (has 1/3 of total hashrate btw, nice interface also) |
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BTC talk moderator deleted the spam guy. That was fast.
Yeah very nice, I also removed my post, since it just messed up the nice chatter here. I am reporting his Amazon account to them though (and find out more about him), It will be my side project while I'm waiting for wallets and such. Please add your pig address to your sig. I will fund your campaign  Hahaha, done. XD He was smart enough to use a picture of the official site, so tracing is difficult. Good thing I don't have a social life |
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BTC talk moderator deleted the spam guy. That was fast.
Yeah very nice, I also removed my post, since it just messed up the nice chatter here. I am reporting his Amazon account to them though (and find out more about him), It will be my side project while I'm waiting for wallets and such. |
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so what do I do with old coins and what will be the exchange for the site of 1:1, 10:1 or 1000000:1 and what will happen to my old coins if I do not exchange soon  - There will be a website made available where you can exchange your coins. - It will be a 1:1 exchange. - You still have some time to exchange, you won't have to do this within 2 hours. |
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Old Blockchain is moving again. IPOminer gave us a hand Is the post by brand new user "Piggy-Coin" legit? The download link seems a bit.. not-standard. No, it is not. He's not affiliated with us in anyway... Can you moderate this thread? The download link doesnt work by the way. Oh yeah and post one of those huge red letter thingies to warn people |
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Old Blockchain is moving again. IPOminer gave us a hand Is the post by brand new user "Piggy-Coin" legit? The download link seems a bit.. not-standard. Edit: The link points to nothing but an XML file with some random stuff in it. |
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I already answered this a million times but I'l say again:
A little bit after launch we will launch a website where you will be able to send your coins to a certain address and receive your new piggycoins in an address of your choice.
This means you can send them from wherever you want and receive them wherever you want (exchanges, wallet, web wallet)
OK So we make an account at the pool COINKING http://coinking.io/register.php?r=9758 Then they will post the address we send our coin to at their pool, and then we send the new converted coins back to Poloniex and Bittrex or our wallet. Please correct me if this is not the case. Thanks This is not the case. Please read his message again "we will launch a website" |
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I already answered this a million times but I'l say again:
A little bit after launch we will launch a website where you will be able to send your coins to a certain address and receive your new piggycoins in an address of your choice.
This means you can send them from wherever you want and receive them wherever you want (exchanges, wallet, web wallet)
Thanks for clearing that up, I just got a little too exited/scared |
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Is anyone else having problems moving PIG around? I tried sending 2 transaction to Poloniex from Bittrex and they won't show up, help would be appreciated Transactions: --- Address: 7H3gUEKwoXtR7Vx2pCkJweYkwvNDhbepSV TxId: 1148afb8405f7c0e322d6936c9707ce9934129651ac149b836bd42b57edd5274 --- Address: 7H3gUEKwoXtR7Vx2pCkJweYkwvNDhbepSV TxId: ce3d23e3c953a0630c89e3ecf2d278f70df8bab803e15071c32969e1ba7c16b2 --- It's because the blocks on the old scrypt coin are not moving, someone drove up the difficulty, probably a multipool and left it hanging. Ah ok, so if I wait I should be fine right? Or will old chain go down? I hope not.. One of them is showing up (one on bottom) with 5 confirmations, other one is nowhere to be seen. |
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Is anyone else having problems moving PIG around? I tried sending 2 transaction to Poloniex from Bittrex and they won't show up, help would be appreciated Transactions: --- Address: 7H3gUEKwoXtR7Vx2pCkJweYkwvNDhbepSV TxId: 1148afb8405f7c0e322d6936c9707ce9934129651ac149b836bd42b57edd5274 --- Address: 7H3gUEKwoXtR7Vx2pCkJweYkwvNDhbepSV TxId: ce3d23e3c953a0630c89e3ecf2d278f70df8bab803e15071c32969e1ba7c16b2 --- |
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