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Hi guys everybody!
We are developing our Music store where you will be able to buy digital music with SND! Amazing uh?
Next to come:
-SoundbitMarket
-Bittrex
-Stores accepting SND as form of payment
-Giveaways hosted on others forum (will be specified later)
-Our own radio streaming channel.
Staaaayyy tuneddddd and point your miners to SoundBit!
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plus 3 major pools gave up on it, and this is called smooth launch?? Did they give any reason about it? or just listen to FUDders here? and shit about diff not working and blahblah. Learn the coding and the math before FUD , thanks  |
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IPO like scam  Why to IPO when you can mine this amount in 1 minute? good work dev First of all, IPO conditions were well specified and clear. Refunds allowed only and strictly in case of failed launch. This is not the case of , so no issues or reasons to ask for refund. I want to remember many IPO around exchanges too, where price felt down even before opening markets. SoundBit Reward is set by moor's law and diff retarget is DGW, so there is nothing wrong. Diff is growing and reward will be less.. If you feel scammed i'm sorry for you, but Investment is not a game. You need to think first what you can afford or not. We did a smooth and clean launch so no matter of complains. Our best! |
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Spread the hashes guys!
We're contacting Bittrex ATM.
Complete Coin Development Plans out soon.
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soundbit.conf example:
server=1
daemon=1
listen=1
rpcuser=youruser
rpcpassword=yourpass
rpcallowip=127.0.0.1
logtimestamps=1
genproclimit=-1
addnode=146.185.188.6
addnode=107.170.58.48
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Block reward is regulated as this: if(nHeight >= 5465) {
if((nHeight >= 17000 && dDiff > 75) || nHeight >= 24000) { // GPU/ASIC difficulty calc
// 2222222/(((x+2600)/9)^2)
nSubsidy = (2222222.0 / (pow((dDiff+2600.0)/9.0,2.0)));
if (nSubsidy > 25) nSubsidy = 25;
if (nSubsidy < 5) nSubsidy = 5;
} else { // CPU mining calc
nSubsidy = (11111.0 / (pow((dDiff+51.0)/6.0,2.0)));
if (nSubsidy > 500) nSubsidy = 500;
if (nSubsidy < 25) nSubsidy = 25;
}
} else {
nSubsidy = (1111.0 / (pow((dDiff+1.0),2.0)));
if (nSubsidy > 500) nSubsidy = 500;
if (nSubsidy < 1) nSubsidy = 1;
} |
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Just because this coin's launch is not ruined by big farms or 10000000difficulty you need to FUD?
Enjoy the launch!
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DIFFICULTY READJ IS WORKING FINE!
19:12:50

getinfo
19:12:50

{
"version" : 91105,
"protocolversion" : 70018,
"walletversion" : 60000,
"balance" : 200000.00000000,
"blocks" : 2265,
"timeoffset" : -3,
"connections" : 7,
"proxy" : "",
"difficulty" : 0.00390625,
"testnet" : false,
"keypoololdest" : 1404247236,
"keypoolsize" : 101,
"paytxfee" : 0.00000000,
"mininput" : 0.00001000,
"errors" : ""
}
19:17:07

getinfo
19:17:07

{
"version" : 91105,
"protocolversion" : 70018,
"walletversion" : 60000,
"balance" : 200005.00000000,
"blocks" : 2602,
"timeoffset" : -3,
"connections" : 6,
"proxy" : "",
"difficulty" : 0.01562500,
"testnet" : false,
"keypoololdest" : 1404247236,
"keypoolsize" : 101,
"paytxfee" : 0.00000000,
"mininput" : 0.00001000,
"errors" : ""
}
POOL OWNERS AND MINERS PLEASE READ THE SPECS!!
DIF READJUSTMENT and REWARD IS REGULATED BY MOORE's LAW.
THERE IS NO ISSUES: DO NOT FUD, Thanks.
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We confirm all the IPO payments.
Stay tuned for launch!
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Is it gonna be on an exchange?
We hope so. By the way we are looking to establish SoundBit as a proper payments method for music business as main goal. We are sure that this will attract a lot of attention and of course Exchanges will be ready to add a profitable coin to their markets. |
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This coin sounds scammish to me the more I read this ann..
SuchPool is out since we promote fair launches and to leave the market act on his own. Hashrate limitations will always be an issue unless there is only 1 centralized pool, because anybody can get the source and mine bypassing those limitations.
We will leave this for other pools, like one who had it's fair share of discutable (shady) launches lately, so here is another one for them.
I agree with you eth2. We are out too. Please remove Dedicatedpool from the pools list. Good luck with your coin soundbit. No restriction to miners or HR. Thanks pool owners, sorry for the incovenience with this false alarm. Our PR misunderstood our directives. See you at launch!! |
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IPO IS STILL OPEN AND WE DIDN'T EVEN SOLD A COIN! LOL   BTW THIS IS FOR THE MUZIK NOT FOR THE MONEY! We hope our coin will be useful in music stuff! |
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No restriction to miners or HR. Thanks pool owners, sorry for the incovenience with this false alarm.
Our PR misunderstood our directives.
See you at launch!!
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Be Careful Possible scam! Warning
Self moderated topic? Premine? New account? IPO?
Self moderated: yes, to avoid excessive trolling and FUD(in the event of.) Premine: yes, transparent and Escrow managed. IPO: yes, ESCROWED and well explained. Funds to offer digital music shopping is needed. New Account:yes, we do not see any problems, since we also are supported by Raxe.io as Escrow. By the way , as you can see, we did not deleted "possible scam warning" so we have nothing to hide. People could say what they feel, we'll be transparent and fair at our best possibilities. We offer a democratic management of the Premine by investors themselves, which are free to express their opinion in the residue pre mined coins after IPO session. They will choose if destroy, divide or hold the premine with direct voting. Fairer than this..  |
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IPO PRICE LOWERED!!!!!!!!!
IPO DETAILS:
We have premined 200k coins for IPO and network testing. This is less than one percent premine!
All the coins are available for investors to buy, with a trusted ESCROW service.
Coins can be purchased until 2 hours before launch time.
Distribution of IPO coins will be executed directly from developers just after launch.
IPO BTC will not be released from ESCROW to dev team until 6 hours after launch is properly made and every IPO payout will be done.
No refund unless failed launch.
ESCROW is Raxe.io and BTC address for IPO is 1B2vZxQeBLhfooVxyKv349psEUX4xKR3SB
IPO DISTRIBUTION METHOD:
The total 200'000 coins for IPO are sold by shares of 100 coins each.
Each Share has a price of 0.005BTC. (0.005BTC = 100 SND equal to 0.00005BTC = 1 SND!)
Investors can buy up to 1 BTC of shares individually. (20000 SND)
In the event that premine will not be sold entirely, remaining coins will be distributed among investors or destroyed.
This decision will be taken from the Investors directly with a private voting system.
We think this is the fairest and safest method to manange the premine fund.
Please confirm your IPO shares purchase both to ESCROW and to DEV.
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Pools list updated in OP.
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