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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][COVAL] Circuits Of Value - Emblem Vault on: September 27, 2020, 02:43:32 PM
If you get a speeding ticket do you argue with the policeman that the speed limit should have been set higher? Looks like you are this type of person. It's always someone else's fault.

Well, in our case the speeding ticket was for beeing to SLOW and the central entity (Coval) tells me not beeing fast enough. I would argue that I couldn't, price action was not fast enough to get a better car. The central entity (Coval) answers that it is my fault if I have no money for a better car. But anyway, now I would have to pay the bill and the central entity (Coval) collects all of my Coval which I have not swapped yet. Then they burn my xcp-coval car and I ask, why they do this and if this would be really necessary. Of course I would swapped them, if I get a better price.

Yes, they answer, it's my own fault because (they are God and) I have to learn my lesson. They don't put the information on their website, but they put a reminder on there twitter two looong weeks before the deadline. And it was communicated in point 56. of their AMA... and on twitter they have a link to this AMA on May 12th. So.. it was very well comunicated.

Btw, for the entire time span there was no other swapping-reminder on twitter. (No... it was very well comunicated in our telegram group... on our website, you have to scroll down, than you find the information that you could join our community on Telegram and Twitter. You have to install the telegram app and then... there are hundreds of postings aaaand of course the information about the deadline. Now, learn your lesson... that the Coval team is not able to do manual swaps of legit xcp-coval coins after their self-appointed deadline? Not like other projects are able to do and not like the common practice in crypto is?)

(In the same AMA, what could be seen as one piece, point 20 is telling us: "20. is the thing about bittrex and unswapped tokens over if not when will it end" "Tokens can still be swapped manually by our team. If you still need to do this, please send an email to emblem@unspecified.me"

-> I told you, I read the first part of the AMA and this is a relevant information. No determination. And you can see as well: 210 clapping hands to part 1 (q20), 77 clapping hands to part 3 (q56). This is not how a consent to the determination looks like.)
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][COVAL] Circuits Of Value - Emblem Vault on: September 26, 2020, 09:44:12 AM
Looks like another one learned the lesson.  Cool Info about the swap has been all over twitter and telegram channel for over a year. You should analyze this situation to not repeat your mistakes in the future instead of blaming everyone else. 99% of people swapped so don't you think that maybe the problem is with you?

I swapped in 15 minutes after the swap tool was released. If I'm correct, swap tool used some of the emblem vault features and it worked like a charm. Can't wait for the release of emblem vault. I'm sure it will be a smooth UI experience just like swap tool was.

Well, the swap was not the problem, price was. (And the claiming is about the swap deadline, not about the swap in general.)

But if you argue that 99% have already swapped - why is it so important to get rid of the last 10 people and to risk the creditability of the project? (You do know that regulations will come, don't you?! Of course it will be important how a project treated such subjects. So if Coval wanna be a valid project for years... why such a careless 'lesson learned' mentality? May I ask you what financial literacy you have?)

And why should it be a valid opinion that these few people causing a slow down of development?

If there will be a broader audience in the future, what do you think these 10 people will ask in every AMA and twitter post? And then you have to admit that the deadline was a centralized decision. So why should people trust a centralized project? And what do you think is an exit scam? I tell you, a centralized decision of a centralized project. There is no longlasting future for a project without creditability. And all because of 1% that have not swapped yet!?
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][COVAL] Circuits Of Value - Emblem Vault on: September 20, 2020, 03:10:56 PM
Yet you are crying that you haven't swapped and you have no covals...

I hope you do not believe that I would hold them any longer. A project with such behavior is unsustainable.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][COVAL] Circuits Of Value - Emblem Vault on: September 20, 2020, 08:37:49 AM
Aside of this, I am not sure how the swap could slow down the development? I don't see a connection there, development should have nothing common with the swap process.

It's common sense. If Shannon has to devote his time to manually swap coins and provide support for the swapping process it is slowing down the development. He could have been coding instead of swapping coins and answering emails.


Well, what is more worse: If the one and only coder from the project is not able to code an automatic swap tool or he is not able to delegate a primitive manual swap task to someone else? Throws a dart...
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][COVAL] Circuits Of Value - Emblem Vault on: September 19, 2020, 10:07:21 PM
People who haven't swapped can only blame themselves. Swap should have ended long time ago because it was only slowing down the development. If I remember correctly 90% of people swapped in a month or two after the swap started. This info has been posted all over telegram channel and all the twitter channels. If in the last 12 months someone didn't find time to swap his coins then who should be blamed?

The truth is that people are stupid and careless. They see a big green candle and they start panicking but they didn't care to swap when it was worth 3 sat. Even if the swap period was extended to five years I bet it wouldn't change anything. 5 years + 1 day later someone would show up angry because he didn't swap. Those idiots should pay for their mistakes and laziness.

Why are you ignoring the transaction fee argument? If you own 20,000 Covals and the transaction cost 10,000 Covals... you take extremly care of your Covals when you are not swapping by then. Btw, 3 sat equals 16,666 Covals (= 0.0005 Btc transaction fee). Your whole perspective compares apples and oranges when you think it was laziness. And so your insult just reveal what you think about the idea of decentralization.

Coval has not built its own chain. It has used the XCP-chain (like it is still displayed on coinmarketcap) and afterwards it becomes an ERC20 token. Congratulations. Any developments yet, besides a lot of websites?
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][COVAL] Circuits Of Value - Emblem Vault on: September 16, 2020, 07:08:18 PM
well you had the information, you were advised what to do and you did not follow it.

Basically your loss.

The information I needed to do a swap was price action. Do you think, any hodler in the world checks Covals AMA or twitter for new information once a week?! After June 10th there was no tweed from Coval for six! weeks. There was no deadline = this was a valid information for months. When price gone up, I checked why. This was on Sep 15th. (Btw I read the first part of the AMA, but I lost interst, as it becomes clear how the way of thinking of the team is.)

There was no community majority asking for a deadline. I can not find a vote.

Why to expropriate old Coval holders?

"56. [...] Reason for question: Existing holders will think that if the deadline does not come indefinitely, no listing on new exchanges or an increase in new holders will take place. From an external perspective, there is a bad image that development is slow if the deadline is too long. I think it is necessary to decide a good expiration date and burn a certain number of burns."

I guess, it was your own suggestive question to set a deadline, the reasons you mention are ridiculous. The only reason is, it is ongoing work to swap manually and with a deadline you are able to burn some coins. These are not your coins, so it does not matter to you. This is called centralization and censorship. And theft.
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][COVAL] Circuits Of Value - Emblem Vault on: September 16, 2020, 08:46:17 AM
Is this a joke?!

You put the information of the swapping deadline (Sep 14th) on twitter on Aug 30th? And you argue that people could do the swap since one year? This is your argument for dispossession? And now you think this is law, as you have decided it?

Im a little lost you knew about it last year https://bitcointalk.org/index.php?topic=1652345.msg52075886#msg52075886

The deadline came off the AMA - a date was decided upon (and gave sufficient notice).

It was mentioned on multiple forums, Counterparty/Twitter/ANN/Telegram.

Kinda curious that those complaining are 1 day late.

Why are you lost? I transfered Coval from Bittrex to a Couterparty wallet, as recommended from the Coval team. We had to wait for a swapping tool. Then it was expected that Coval holders pay the transaction costs of 0.0005 BTC. I criticized this - why? Because in retrospect it was not necessary to transfer Coval from Bittrex to a counterparty wallet. People who did not read all the news had the advantage to transfer Coval from Bittrex directly to the swapping tool. DesktopCommando, I am community as well. I invested in Coval as I loved the idea. But a dispossession now is just a centralized decision.

A professional deadline is set two or three months in advance with multiple reminders to the community. People are on holidays or sick for two or four weeks. And after a deadline, usually automatic swap tools are shut down only, as manually swaps are still possible. Why? Because people bought a legit Coval coin. Dispossession is never an option, as long as the swap wasn't costless. 0.0005 BTC are $5 - and there are countries where $5 pays your meal for some days. You can't expect that people do the swap while Coval is worth 0.00000004 Btc (trend negative). That are >10.000 Coval in fees (0.0005 Btc) for the swap. This is inappropriate.

(Besides your comments to the delist topic, there was this post from Shannon: https://medium.com/@shannonNullCode/dont-look-back-we-re-not-going-that-way-c4c5aa7fe2e3

It clearly stated to transfer Coval to a couterparty wallet. And so the later swap got disproportionate high transaction fees. Even now the fees would be >1000 Coval. The bittrex delisting was not the fault of Coval holders - but it requires additional money from holders. So the AMA answer should have been that no determination is legally possible and it was reasonable that holders of small amounts of Coval are still waiting to swap, because transaction fees should be at least <500 Coval.

In January 2018 I 'swapped' 0.04 Btc to Coval. After delisting value dropped 95%. Relatively, you expect me to invest 25-50% of my Coval holdings for the swap to the ERC20 Coval token. This is not fair.)
8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][COVAL] Circuits Of Value - Emblem Vault on: September 15, 2020, 06:09:29 PM
Is this a joke?!

You put the information of the swapping deadline (Sep 14th) on twitter on Aug 30th? And you argue that people could do the swap since one year? This is your argument for dispossession? And now you think this is law, as you have decided it?
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][COVAL] Circuits Of Value - Emblem Vault on: September 15, 2020, 05:53:12 PM
From the AMA

56. How long is the swap deadline from CovalXCP to CovalERC20? Reason for question: Existing holders will think that if the deadline does not come indefinitely, no listing on new exchanges or an increase in new holders will take place. From an external perspective, there is a bad image that development is slow if the deadline is too long. I think it is necessary to decide a good expiration date and burn a certain number of burns.


I understand the concern about optics to holding swapping open indefinitely. We had not determined a date. If the general community thinks we should, then okay. ~throws a dart~ September 14, 2020. You heard it here first.

No more swaps after that date.

Sorry, I am an holder of Coval since 2018 and I have not swapped yet. Where is the announcement of an expiration date on the website!? I don't think that the 56. AMA statement is an adequate publication to expropriate owners of Coval (XCP-chain). And who decided this, one questioner and a dart?

Firstly, the swap tool wasn't online most of the time and not reachable without barriers. Secondly, if one transaction on the XCP-chain costs 0.0005 BTC, highly likely people with small amounts of Coval did not swap yet. But with an expiration date you just harm them twice, but why you do so?! Price will go up, if the project deliver - and as the AMA stated, there were many troubles to handle in the last years and months. But why to take the right of Coval investors to swap? Just becuase of new holders bla bla bla...? What makes new holders better than someone who bought 2018?
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][COVAL] Circuits Of Value - Emblem Vault [SWAP TO ERC-20 IS LIVE!!!] on: August 08, 2019, 04:45:37 AM
Counterparty uses Bitcoin like Etherium uses Gas, its about $2 worth of Bitcoin to send to the swap, by the way the Dev is paying for the Eth on the other end to send to your ERC-20 Address

By the way, what are the transaction fees on Eth? $0.12? Wasn't it the dev's bad desicion to use counterparty - so shouldn't he be debited for the swap?

It is not bad for the devs if some Covals are burnt because they are not swaped. Less supply of ERC-20-Covals means that devs have a better chance to cash out, finally.

Just ignorant.



Frankly speaking, I do not like writing such things, but... I feel you deserve an exception.

Stop whining. Your behavior is childish.

You tell - "Wasn't it the dev's bad desicion to use counterparty"?! Better ask yourself "wasn't it my bad decision to invest in Coval knowing it is a Counterparty token"?

Its your decisions and you are the responsible one. Stop blaming others for your faults and take responsibility for your actions. Grow up, basically.


On the one hand you are right - it was my bad desicion. On the other you are wrong, you are not in the position to close a discussion, whether you are annoyed or not. My point of view is that it is ignorant to expect -without any open explanation or involvement of the community- that all hodlers are willing to pay btc-transaction-fees for the swap. Instead it is argued, 'it is not so high' 'it is low' 'just $2'. This value judgement is not appropriate for all global citizens.

My decision to invest in Coval was based on the assumption that Emblem would allow a fast and almost feeless exchange of value. That was the outlook given by devs.
11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][COVAL] Circuits Of Value - Emblem Vault [SWAP TO ERC-20 IS LIVE!!!] on: August 06, 2019, 05:41:49 AM
Counterparty uses Bitcoin like Etherium uses Gas, its about $2 worth of Bitcoin to send to the swap, by the way the Dev is paying for the Eth on the other end to send to your ERC-20 Address

By the way, what are the transaction fees on Eth? $0.12? Wasn't it the dev's bad desicion to use counterparty - so shouldn't he be debited for the swap?

It is not bad for the devs if some Covals are burnt because they are not swaped. Less supply of ERC-20-Covals means that devs have a better chance to cash out, finally.

Just ignorant.

12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][COVAL] Circuits Of Value - Introducing the Emblem Vault Sidechain on: July 30, 2019, 08:46:50 AM
You sound like someone who has never lost money in crypto.

At one time, my holdings totalled about $190k, and a year later, those same holdings aren't listed on exchanges, and worth all of maybe $2000.  I'll happily pay the $1-2 fee to move my Coval to another chain in the hopes that I can soon trade it again.

Crypto is up and down constantly.  It has been ever since I got in back in 2012/2013.  You need to just ride it out and let things be.  Life is too short to be upset over a couple hundred dollars and some change for transactions.

-Fuse

Poor. Sorry to say, but I don't think that anybody should advice from you - if you already made these bad decisions in the past.

I guess I just buy back my stake with $2 when Coval is traded as ERC-20 token and if it goes up I possibly do the swap with the profits.

13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][COVAL] Circuits Of Value - Introducing the Emblem Vault Sidechain on: July 28, 2019, 07:36:54 PM

Please send 0.0005 BTC, as I needed it for each Counterparty action. PM

Are you sure people (or the Dev) should fund all your financial transacions? Roll Eyes


Of course not. But I find it ignorant of the devs that they expect that hodlers do all these inconveniences for extra money (fees). Their (project) coin decreased a hundredfold, got delisted - so that everybody has to move it to a counterparty wallet - it becomes an ERC-20 token, and now I should pay fees twice. First for a small coval swap, second for the remaining amount. Two years with no outcome ("Don’t look back, we’re not going that way!")

Man - if you put 400 bucks in it, it is worth 4 Dollar now. And now I should pay 1 or 2 Dollar for the swap!?

Of course I do not think they transfer any Btc to me. But I expect an apology and some Covals - as they could have easily bought Covals for 500 bucks lastly and airdrop them to the 300 hodlers left. 
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][COVAL] Circuits Of Value - Introducing the Emblem Vault Sidechain on: July 27, 2019, 07:38:48 AM

Please send 0.0005 BTC, as I needed it for each Counterparty action. PM
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay on: June 29, 2019, 10:56:01 AM
So is DNotes putting their name in the hat? Have you reached out to them?

Reached out to who and putting our name in the hat for what? The article was about Etrienne Goosse from the European Payment Council making a statement to urge EU banks to step up and compete with the emerging fintech technologies.

Well, reaching out to the EU banks and saying this is what we have and using DNotes Global as a stepping stone to possibly assist them with what they need. Kind of like a sales person would do. Just simply say "hey we are here and we exist and can possibly assist you in what the European Counsel is trying to push them with. What if the EU banks decide to go with what they are requesting? Then the DNotes name could be someone they look at for assistance if the want to move forward with such a venture. If a EU bank decides to go forward they will reach out to Fintech? who would they reach out to?

Chezzz, there is already one EU bank (https://www.weg-bank.com/oasis-interface.html) working with cryptocurrency projects together. Especially they try that the SEPA system, or better fiat money behave like a coin, so that instant swaps 'fiat to crypto' become possible. And if this works it begs the question, if banks will integrate it or if they will adhere to their own system which they control completely. Some banks possibly both, including some service fee for the bridge. But most likely such a bridge is necessary for DEX and other crypto exchanges as well.
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][COVAL] Circuits Of Value - Introducing the Emblem Vault Sidechain on: June 23, 2019, 02:14:42 PM
Transfered my coins in like 20 min. Just saying if someone else missed the delisting, at current date it's still possible to withdraw to counterpaty wallet.  Wink

Good for you. But compared to Nimiq's easy wallet (best UX! ready in seconds..) and browser based blockchain, it is just a mess with Coval and its endless ongoing work on an app.
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay on: June 22, 2019, 04:28:52 PM
Thank you very much. I appreciate the time you have taken to answer me.

I guess people still not understand, what DNotes vision exactly is. Also looking at the graph below makes it hard to anticipate that DNotes (NOTE), the currency, is not the currency of a centralized entity. Furthermore, somebody could argue that DNotes Global inc vision is viable without NOTEs, too - because DNotes Global Inc could just switch to Facebook's Libra. As long as Libra works as a stable coin, it has an inherent value for masses. The problem I see is, that many entrepreneurs will use their FB appearance to sell their products and/or services. But the very important question is, why should be an entrepreneur dedicated to DNotes (Global inc)?

My concern regarding social media marketing was not only about prize but support. I absolutely understand that investors would like to see revenues before funding. But this is not about revenues in money but in supporters (subscriber, entrepreneurs, volunteers, content developers etc.). Of course you get funded if you have 200 people behind the vision and these people are going to work on the project passionately. But if nobody follows DNotes ideas, investors will not be convinced.

It is not easy to build a new ecosystem out of nothing. Likely, the current economy just overtake most of the cryptocurrency ideas. We shall see how it goes.

18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay on: June 22, 2019, 08:14:14 AM
I guess all of you recognized the discussions about Facebook's Libra. Andreas M. Antonopoulos answers clearly how Libra relates to Bitcoin (https://www.youtube.com/watch?v=OjTQAkem-VU)

He states, “[…] fundamentally, the thing to understand here is what Facebook or any other company like Facebook is proposing is not a cryptocurrency. It doesn't have any of the fundamental characteristics of cryptocurrencies. It doesn't stand on the five pillars of open blockchains. [...] A open public cryptocurrency is open, public, neutral, borderless, and censorship resistant. And all these characteristics stem from decentralization of control. Anything created by a centralized organization that can be identified and exists in a specific jurisdiction that is subject to specific laws can’t achieve any of these five pillars. And the reason they can not achieve is because the law prevents them from doing so. […]”.

I thought about DNotes Global, Inc. approach: "DNotes is a blockchain-powered digital currency and payment system [...] While others in the cryptocurrency space have focused on niche markets and highly-targeted use cases, DNotes has been singularly focused on one overriding goal: to become a truly global supplemental digital currency that can offer increased financial inclusion and empowerment to everyone around the world. [...]"

I see a lot of potential in DNotes, as your whitepaper is full of magnificent ideas (https://dnotesglobal.com/white-paper/). There would be even more potential, if DNotes would be active in social media marketing, spreading the word about achievements and next goals. Lately it seems, it is all about creating content for https://nextgenhero.io/, what would be really great, if DNotes would offer their experience with 'fully compliant Reg D 506 (c) crowdfunding' as a service. Monthly reports about progress would be also great.

My questions:

If DNotes would be confronted with the statement, that it is not a true cryptocurrency and so will never has a chance to reach mass adaption, what would be your answer?
Is DNotes going to focus on the niche of women entrepreneurship in the next years? What transparency could DNotes holders expect here from DNotes Global, Inc.?
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay on: June 19, 2019, 06:37:58 AM
Does CMC not only list exchanges if the coin has a certain revenue on it?! But sure, possibly the team needs to register STEX on CMC.
20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: DNotes 2.0 - Staking, CRISP Interest, DNotes Pay on: June 17, 2019, 07:59:13 PM
Why is the STEX exchange (https://app.stex.com/trade/pair/BTC/NOTE/1D) not promoted on DCEBrief? It has a much better reputation than Mercatox, just compare their listed coins!
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