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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SMAC - Social Media Advertising, Market Live on Bittrex!
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on: May 06, 2015, 02:44:45 PM
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Cant believe i'm only finding this coin now. I dont know how I missed it but for real.. Viral is where its at.. Yall should check it out. Its got a king at the helm when it comes to marketing and is poised to launch a killer coin and platform.
There is more than enough money in social media advertising to support 2 or more coins. SMAC may not have a "celebrity dev," but as you see from the 6 btc marketbuy that they just executed, SMAC is the real deal. Like Viral, SMAC is still in its infancy so now is the time to buy in. Look at the price and remember there are only 650,000 coins TOTAL. I know bro, I never said otherwise.. Just that you guys should check it out... never bashed smac and as a matter of fact Im looking into smac now. If im investing in one social marketing coin why not invest in both and hedge my bets.. right? That would be nice and dandy... except for two very simple things: 1.- You, dear Bobby, Bob, Robert, are the infamous Bobsurplus, so everyone knows what is going on when you appear. 2.- None of the peoples involved with either project have even the remotest idea of how social media advertising works... nor it is of actual significance for none of the two projects will even touch the space. Other than that, naturally, everyone is more than free to throw away their money as they please... When Bobsurplus and Barabbas appear, then it's time to take your money and run....these guys are a pest for any coin. Sorry SMAC but your coin is infected now Anyone who has been around enough has seen them and let them be. They have quite the history on here and are a thing of the past. As for the coin use and adoption, the new social media marketing based uses coming will be the next surge and go from being used as an asset that is growing in value as the buy backs happen each month to be a driving force of use and demand. We currently sit around with people staking which is great but in the market, it leaves it quiet. Once we start to facilitate people using SMAC on the forums and portal inside the social media scene, we will see a new level of demand and market activity.
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Alternate cryptocurrencies / Altcoin Discussion / Re: What does the Ripple news mean for Premined, IPO, ICO coins? Did they follow KYC
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on: May 06, 2015, 12:47:17 AM
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I think the biggest problems ICO coins have are tax liability. Anyone who took BTC and cashed it out needed to treat it as income and I bet a lot may have not and owe taxes if they ran with cash.
As for Ripple, the big complaint they got was not following money laundering requirements which is big if you are doing cash to BTC conversions or to any coin. This is not taken lightly by FinCEN and has always been a major point of doing exchanging and allowing people to launder money with the means that from what I understand Ripple had a way to cash in and out with coins.
I don't see how ICO/Premine/IPO is an issue with laundering unless you are based in the US and provide either a guarantee of profit or basing it off of trading by selling securities which is more of a SEC issue and falls under things like guaranteeing profit and other no nos.
This is probably going to be the start of a major push of regulations as we see more and more big players with stake which already have relationships with major government bodies. We see ones doing major transactions in the millions so 700k may be nothing but at this trickles down, we may see smaller guys get nailed with fines that bankrupt them.
Either way, I am not a lawyer so take this with a grain of salt.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SMAC - Social Media Advertising, Market Live on Bittrex!
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on: April 28, 2015, 08:28:14 PM
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People aren't a fan of him on Twitter but hey, I got harassed when we started this. I personally am not a fan of him but hey, take that with a grain of salt.
It is a good thing to see more coins coming in for this industry as it spreads awareness into markets that we may not have had any attention in. People will see crypto breaking, be pointed into forums and start to see the developments happening and opportunity. We were the first and made a very unique development that is still growing. We are now seeing more people and will open the minds to new developments and buyers which will help the social advertising industry in crypto as a whole IMO.
The only concern I am worried is the bad image in this market. He is known for being a spammer which is much different than targeted content advertising so I do hope we can keep our innovations apart and people can see the difference between the two industries other than one being semi illegal and one being opt-in.
My only regret is I wasn't creative enough to be a "celebrity dev" or some other catchy name. =(
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SMAC - Social Media Advertising, Market Live on Bittrex!
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on: April 17, 2015, 04:47:42 PM
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We are in a risk of being delisted. If you look, a very small number (< of coins compared to the supply are on Trex due to stakers) so there isn't much buying and selling. The recent action has brought our 7 day average to .33 BTC so we are fine now until the next round. As interest and staking drops to the 3% after the initial months, we will probably see more action.
A custom market with exchanging between coins and USD pairings is in the works. US regulatory stuff sucks to make sure its not in violation of anything.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SMAC - Social Media Advertising, Market Live on Bittrex!
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on: April 16, 2015, 01:43:24 AM
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Why aren't you showing info from those clients? Master node is running and synced just fine. Are you on the latest build from the repo? What is in your debug for what the peers are misbehaving? I just synced a clean wallet with no issues. Try to rebuild with a recent copy. There was a commit that updated the protocolversion to fix this on an older build. ./smacd getpeerinfo [ { "addr" : "XXXXXXX:53983", "services" : "00000001", "lastsend" : 1429147906, "lastrecv" : 1429147868, "conntime" : 1428981243, "version" : 60013, "subver" : "/smac:1.0.0/", "inbound" : true, "startingheight" : 55754, "banscore" : 0 } /smacd getinfo { "version" : "v1.0.1.0", "protocolversion" : 60013, "walletversion" : 60000, "balance" : 0.00000000, "newmint" : 0.00000000, "stake" : 0.00000000, "blocks" : 58477, "timeoffset" : 0, "moneysupply" : 640425.68356828, "connections" : 22, "proxy" : "", "ip" : "104.238.180.147", "difficulty" : { "proof-of-work" : 10.25114353, "proof-of-stake" : 0.00102208 }, "testnet" : false, "keypoololdest" : 1425165608, "keypoolsize" : 101, "paytxfee" : 0.00000000, "mininput" : 0.00000000, "errors" :
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SMAC - Social Media Advertising, Market Live on Bittrex!
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on: April 14, 2015, 01:13:09 PM
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It's really amazing to me that knowing what we all know now about the road map for this coin and about the dev team, that someone is still willing to sell their coins to that 11,000 sat buy wall on Bittrex. Absolutely mind-blowing stupidity, lol. I suppose it's good to get the weak hands out now!
Come to think of it, it could be Bittrex selling the coins that they made from staking those 100,000 coins in their wallet.
+1 insanity if it is people dumping if it's bittrex well wouldn't surprise me if they staked and dumped all the pos coins on there, i would if i ran it hahaha Having watched Bittrex from the beginning I very much doubt they would do that both because of the security risk (remember what happened to Mintpal with VRC) and because they are one of the few exchanges that seem to have a strong ethical backbone. They are not perfect but they have had numerous situations where they could have profited more by doing such things but they haven't. I suspect it is someone who is selling off some of their staked coins at ICO price to reinvest. It may seem stupid right now but it might be an attempt to spread their risk (which really we all should do) but isn't willing or able to wait for a higher price before investing (e.g. due to an ICO deadline). I think this is most like it. The big hands are holding strong in wallets off trex and with the limited supply available on Trex from the distribution chart, there is going to be movements and people selling off ICO coins into walls for extra money. The interest was designed to allow early ICO people to profit by selling into new entry buy walls and still holding their ICO coins without the price moving too much to continue to generate interest. I figured there would be a dump when the 365% interests ended similar to how miners dump coins during changes.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SMAC - Social Media Advertising, Market Live on Bittrex!
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on: April 10, 2015, 01:57:42 PM
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Thanks to the donor who sold me some @ 8200. Edit: Current block: 49511. PoS reward will lower from 365% p.a. to 100% p.a. @ block 51840. Edit 2: I am both surprised and impressed that this thread is (almost) free of big red letters and fud so far. Go back to the single digit pages of the thread. Lol Hope everyone earned their huge interest. Time to reduce and it seems the high interest with staking only brought in about 100,000 new coins to the supply so it worked as expected =)
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SMAC - Social Media Advertising, Market Live on Bittrex!
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on: March 14, 2015, 05:00:11 PM
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PoS fix merged with help of wurstgelee. Will release wallets today. Forking block is currently set to 13000 which should put it about 24 hours from now: 1PM EST on Sunday. Also working with Bittrex to make sure they update first.
Also have added 2 block days for POS interest to each range (365/100/25) to make up original lost interest if anyone hit the overflow error.
Appreciate the help of the community and a fix that other coins could use from wurstgelee
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