The one admonishing this dev as only crypto-toilet paper would be, is names Adressen, Gavin Andressen. Look him up...
Can you link that? I've looked through the commits for this coin. I've checked out a lot the development. All development here has been top notch. It looks to have had some ICOs, and maybe the funds were not carefully handled. That happens in all ventures. But the business dealings of the developers are of no concern to me. I look at coin itself and the actual code. I look at maintenance. I don't really care if someone lost some money on a coin. That's not what gives it value. Among alts, I have found only a few that are in this class. Some are better, yes, but VIA should be a top 30 market cap at least, going purely by features and development. A shitcoin doesn't work as a coin. A shitcoin isn't even the same as a coin that has nothing to offer. From everything I've found about this coin, it is in neither of the above categories. I know that investors are important, but I also know that it's the coin that makes the value. He posted it in his tweeter: https://twitter.com/btcdrak May 28th... What you have found about this coin is the answer to some of your personal preferences. Truth is that it doesn't have a single thing that is not wide available in dozens of other projects with much betyter development, trajectory and future. But hey, it's your money; you get to decide to which crypto-clown you give it. |
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Too bad for this coin . I sold yesterday because I don.t see any real development for this coin .
Sorry .
No real development are you kiding lol, Viacoin is one of the most developed coins... wait... sorry Bitcoin is catching up slowly Except that this is a clear case of the dev that couldn't shoot straight, as everyone in crypto well knows... Hah, you're sounding like one of those people who are always complaining, what exactly does everyone in Crypto know again ? Viacoin's main developer adds value to the overall ecosystem ... https://youtu.be/sgPO3r-9iI8?t=1039There's a guy with some track record in crypto that wasn't as delicate as I was with him recently. I'm sure you have heard about it... So it's not everyone anymore then just some random guy with some track record in crypto! Are you pretending not to know who the "random guy" is, or you really don't know? OK, let me illustrate you a bit in case it is the latter: After Nakamoto himself, there's no one with more credibility in the crypto world. Not even a close second to him. Go find out, ok? It's all over the place... I think it's a figment of your imagination and there's no random guy just you complaining about nothing meanwhile ... Viacoin continues adding value to the overall ecosystem The one admonishing this dev as only crypto-toilet paper would be, is names Adressen, Gavin Andressen. Look him up... |
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Too bad for this coin . I sold yesterday because I don.t see any real development for this coin .
Sorry .
No real development are you kiding lol, Viacoin is one of the most developed coins... wait... sorry Bitcoin is catching up slowly Except that this is a clear case of the dev that couldn't shoot straight, as everyone in crypto well knows... Hah, you're sounding like one of those people who are always complaining, what exactly does everyone in Crypto know again ? Viacoin's main developer adds value to the overall ecosystem ... https://youtu.be/sgPO3r-9iI8?t=1039There's a guy with some track record in crypto that wasn't as delicate as I was with him recently. I'm sure you have heard about it... So it's not everyone anymore then just some random guy with some track record in crypto! Are you pretending not to know who the "random guy" is, or you really don't know? OK, let me illustrate you a bit in case it is the latter: After Nakamoto himself, there's no one with more credibility in the crypto world. Not even a close second to him. Go find out, ok? It's all over the place... |
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with -so far- nothing to base it on
The superb quality white paper, nicely done development board schematic, a fully functional blockchain and smart contracts written from scratch, collaboration with a real world company aren't nothing. These are a very good starting base to be a very successful coin. Anyone has even bothered to consider a test of quality, scalability, latency... in p2p video/audio technology?
You are implying these experienced developers actually don't test the software and don't consider fundamental software design principles such as scalability. Their white paper clearly describes how scalability is one of main advantage of P2P technologies and they explain the implementation details of that. The working blockchain and smart contracts indicate to me that there is an adequate QA process in the software development life cycle of GadgetNet. like everything else in this project, it's only potential....
Apart from Bitcoin which is used at least for shopping at some places, all crypto currencies are only a potential, isn't it? Even Bitshare with its 15 million dollar market cap used only on experimental applications - it is only potential, isn't it? There are 42 coins over 1 million market cap, most of them are BTC/LTC clones with virtually no added value to the original code base, since those currencies aren't used anywhere yet they are only potentials, aren't they? Never mind that these guys at least try to work with real world use cases, but right now, the potential - which is the only asset of other coins as well - not good enough for you. 42 coins are good enough to reach the 1 million market cap with nothing else than potential - GadgetCoin in your opinion obviously can't. I think this coin and the technology it implements has as much chances to be a 1 million market cap coin than any other coins currently in the over 1 million market cap category had at their start. There's a problem this project has -among many others- and is that no one knows -or cares about- it. Depending on the circumstances of each one of those 42 projects that you mention, that is NOT the case. Nor has it been for months, if not years. There's a track record of trust, development and community, the basis of all those projects. So it isn't just potential that they have. They also have, again, a supportive community, a proven track record in development, have delivered in some of their promises, not just signal the direction in which they are going, and have developers that have been around for quite a while and have nothing to prove. The same would apply, in similar measure, to THE NEXT 42 projects in that list, those that have either never reached or have gone below the 1 million dollars level, which proves it isn't an easy task to reach and perhaps even more difficult, to maintain by those promising enough to have reached that milestone valuation. I am not implying that these developers, who no one knows, are not testing their software. I am STATING that, so far, that is the only thing they are (supposedly) doing regarding the specific p2p audio/video software. There's no public or even peer testing that I know of. Regarding scalability and latency, there's no specific information or test that can be performed... nor it is an easy thing to do. To test, much less to have it working seamlessly regardless of circumstances. But, in any case, even if the tech is to be believed -which at this point is a HUGE stretch-, there's no BUSINESS MODEL, much less a workable one. And even when there is one, if it gets there, it seems that it will be a business model for a company that happens to use some tokens related to this crypto project, not, in any case, a conforming part of it. And that has not much to do necessarily with the wishes of the obviously inexperienced devs, but with laws and regulations of different countries with which they would have to comply. So I don't say there's no potential here; I'm just stating what for anyone with even a basic common sense, would be prudent and evident: That even minimal implementation of some of the potential advantages of this crypto project, are facing a very steep curve on the way to the $$ signs. Just that. Now, of course, the people lacking that basic common sense, cannot care about such "small" details... how could they? |
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Too bad for this coin . I sold yesterday because I don.t see any real development for this coin .
Sorry .
No real development are you kiding lol, Viacoin is one of the most developed coins... wait... sorry Bitcoin is catching up slowly Except that this is a clear case of the dev that couldn't shoot straight, as everyone in crypto well knows... Hah, you're sounding like one of those people who are always complaining, what exactly does everyone in Crypto know again ? Viacoin's main developer adds value to the overall ecosystem ... https://youtu.be/sgPO3r-9iI8?t=1039There's a guy with some track record in crypto that wasn't as delicate as I was with him recently. I'm sure you have heard about it... |
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Too bad for this coin . I sold yesterday because I don.t see any real development for this coin .
Sorry .
No real development are you kiding lol, Viacoin is one of the most developed coins... wait... sorry Bitcoin is catching up slowly Except that this is a clear case of the dev that couldn't shoot straight, as everyone in crypto well knows... |
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Optimism is good, positive.
Outrageous optimism, with -so far- nothing to base it on, is... well, counter productive.
Anyone has even bothered to consider a test of quality, scalability, latency... in p2p video/audio technology? If I am correctly informed the tech is, for now, at the level of internal testing...
The release shows that someone -who, importantly, happens to be a crypto enthusiast-, has a start up that could benefit from the reduced prices of p2p tech. ONLY that. He can offer -and probably is offering- the exact same p2p service already by the true, tested and commercially available usual suspects... so it is a potentially positive thing but, for now, like everything else in this project, it's only potential....
It would perhaps be reasonable to wait a good few months to even consider starting counting your dollars.
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How long does it take for coins to mature? I'm trying to test the new wallet...
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Development UpdateWe have a press release about the latest developments surrounding GadgetNet and GadgetCoin. Open-source Internet of Things micropayment processing hits the market Today ZoVolt Ltd and GadgetNet LLC announced a partnership to bring open source Internet micropayment processing to the mainstream market. The two companies will work together to develop a secure IoT solution based on block-chain technology that will enable consumers to unlock the full potential of their Internet of Things gadgets. By securing and streamlining the way the devices interact with the user a whole new realm of possibilities are opened up for system integrators and manufacturers looking to breach the divide between machine and consumer. ZoVolt Ltd will bring years of hardware and software development experience to the partnership, having been developing a wireless ECG sensor for the telemedicine sector since 2013. GadgetNet LLC will bring its open source community development to the partnership and manage the project. Tibor Pardi, CTO of ZoVolt stated that “There is clear synergy between the two companies and we are delighted to be bringing our expertise to the table to try and make this partnership successful” The first practical application of the partnership will be the streemo peer-to-peer live video streaming service at http://www.streemo.net, which will be going live shortly.About Zovolt Ltd – Zovolt Ltd is a technology company located in Herefordshire, UK – specializing in secure Internet of Things solutions and embedded devices development. The company has successfully gone through their first round of seed funding and are now actively developing a secure IoT software framework and a wireless ECG sensor to deliver sensitive patient data to doctors remotely. About GadgetNet LLC – GadgetNet LLC is a Delaware based company specializing in block-chain technology, open source peer to peer and digital currency software development. GadgetNet is currently actively involved in managing and setting up the streemo.net peer to peer video steaming service. CONTACT: Tibor Pardi (CTO of ZoVolt) tibor@zovolt.comhttp://www.newswiretoday.com/news/153924/ Do I understand correctly that p2p audio/video though streemo will be used to monitor patients? Or is there any other uses in the immediate pipeline with ZoVolt? The "partnership" implies ZoVolt using streemo for a fee only or actually being partners in other enterprises, such as consulting and actual solutions implimentation? |
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guys,if you donot like this mcz app,uninstall it and leave away.
thongh mcz is still unsteady,but our devs have threw many many efforts on it,they need to be encouraged!!!
we just need patience,give our devs more time to solve all the bugs,and stop your complains!
mcz will win great success,because we have a genius and hardworking devteam!
No we don't. But we have a nice project, that could be handled in a much more effective way but that it is developing well enough to possibly be a huge success in the end. Don't pay attention to outspoken people that feel disappointed in the new improvements. This is not a quick easy mining scheme. Cannot be. Souldn't be. But let the price guide you and you'll see that a growing amount of people want in. And want in big time, not mining 7 coins a day. That's just the initial distribution model: You are in, if you want, for free. No one else has done that other that copy/paste jobs without any reason to exist underneath. The possibilities on this one are so amazing it is actually both mind boggling and for our young team impossible to even visualize. Let the dissatisfied go, many more will be joining in. And no, it isn't a good idea to lower the difficulty: Think you will be running out of coins all the faster. Then what? |
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and if you are to recruit some models you will need to offer them at the very least a laptop
why is that? Established models who earn 5,000 dollars per month surely have a laptop and serious HD camera We are going back and forth here with established models and new models... It goes without saying that you will have to offer established models making 5k$ a month much more than a laptop to come on board... |
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That's the way Bob! You are losing a little bit of form, you should have instructed your goons to mention Greece and make memes about it days, even weeks ago....
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The way I see it, 4-8 years is exactly akin to 40-80 years. Why not being generous with numbers like those?
You are just not serious, sorry.
In that 4 year lot of development. 4 year go very quick. Coin will be at 1 usd in future. Then my children's children will be able to live off the dgb I making now. So you really are serious? Wow. Name one coin that is better then this that isn't a scam or pump and dump and has so much dedication and lower marketcap? You almost got me there. Almost. But there's one: Mango |
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News was that buyback will be executed today, what other news you need. That's all for this week I think.  Are you right in the fucking head mate or do you just have a really short memory? Maybe this will help: - Current news on the marketplace which we were told was central to SMAC's success and was due to be ready weeks ago but has not been mentioned at all. - Why the buybacks are shrinking each time instead of getting bigger (this month was supposed to be a higher percentage of revenue but is less than a quarter of last month's amount which was itself less than the previous month)? - What is being done to promote the coin (considering they are supposed to be marketing experts)? - What will be done to increase volume and prevent the constant threat of delisting? - Why don't the team give regular updates anymore or answer questions as they did previously - (giving the distinct impression that they don't care)? - What has become of the roadmap - (remember that? - I have copied the pic below as a reminder)? - Why the fuck any of us should continue to support this or believe that the team have any fucking clue what they are doing?  That's just for a start - help me out here - am I the only one who thinks answers to these things are reasonable? People like myself, Penn and Wurstglee have been avid supporters of this from the beginning but if the developer(s) don't even respect us enough to answer our basic questions then what are we expected to do? This. You guys were told with plenty time, I don't understand the "surprise"... When you have been adequately warned, and you insist on being taken, well... |
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As for the models doing it while keeping other platforms, wouldn't that be counter-productive? The whole point of getting established or successful models would be to bring with them their current constituency for they would hardly benefit from a no-traffic website. A bit confused by this potential scenario...
I am sorry but what is the confusing in the business plan that an established model performs daily live group show on Jizzmo.net for a 95% share and then she bugger off to do whatever she does somewhere else? The model does it on Jizzmo as a daily show by bringing to here her paying viewers, because other platforms a) simply don't support the live group show feature b) don't pay out 95% Regarding the operation cost, you are again assuming that there is no traffic and no revenue on the platform, but you are assuming that the large operation cost is there. Somehow it is a logical inconsistency. How can be large operating cost for a non working platform? I am not sure the boys here what kind of DAC will run, but people are running serious businesses with £10K per month operation cost in the UK - a top accountant cost £500 per month. I think you are overstating the operational cost. The main operation cost is the infrastructure which only scale when there is traffic consequently there is a revenue. And regardless what you think, my calculation is based on real leased server cost instead of your laptop cost. You can get 10TB traffic on 500 gbps bandwidth for US 300.00 per month - that's how I derived the US$ 3.00 cost for a US$ 500.00 streaming revenue. And again, you don't even assume that in the Jizzmo platform can be advertisement revenue at all. All providers drive revenue from advertisement - but in your opinion no, Jizzmo can't. OK Barabbas, I need to go to do something else, and later I will do more research on this subject. As always it was a pleasure to talk to you :-)))) Statistically and by your own research, only 10% of customers will pay in crypto, the vast majority in BTC. the other 90% on credit cards. I am quite sure you are familiar with the fees charged by the three major credit cards issuers, so there goes you 5%. But you need that 500 pounds per month accountant from day one. And unless you run the business from your living room, you need some quarters somewhere... and if you are to recruit some models you will need to offer them at the very least a laptop... The point is that even without any models, you still need infrastructure and have expenses and even with some models you still make no money whatsoever and won't for many months... assuming there's progression and increased revenues. The group thingy.... since I don't partake I cannot know for sure but isn't the main -like 99.99% main- attraction of this type of thing the interaction on a personal basis, between the model and her customer? I mean, if the model is broadcasting to a group, isn't it something different altogether... and with quite a difference in price? How is the model going to bring along her customers when what they are interested in is that interaction and what she offers them now is a group experience? And, once again, no, without significant number of visits/hits, no advertising revenue... and you still need infrastructure and general expenses if only a handful of customers are served. |
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Will that shop offer 10% discount to people paying with POT only? Otherwise, frankly, it doesn't do anyone any good...
Edit: I see that the discount is only 5% AND, not just for POT but for BTC too. Which is, definitely, no good at all for POT supporters because, once again, takes us to square one: Why would I buy/hold POT when I can buy exactly the same shit with BTC, for the same price?
It's 5% MORE cannabis when your purchase with Bitcoin and 15% more cannabis when you buy with Potcoin so you're right, an extra 10% for Potcoin users  So if you buy 5 Grams with Bitcoin you will receive 5.25 Grams of Medical Cannabis, that same 5 grams with Potcoin, you will receive 5.75 grams of Medical Cannabis! That's a minimum, we're always making bags extra heavy so most likely will even be heavier than that =P Hope that clears it up! Thank you for your answer. That in fact makes a difference and is an answer to the eternal question. When POSv is finally here, it should be quite a positive. |
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Hey barabbas, Go F*ck yourself. You are on my ignore list.
Another believer, I suppose... |
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@barabbas
First you conveniently ignored the network will pay FIAT for the models and you talked about the token idea is nuts, the token doesn't work, the models don't like token blah blah blah even the devs explained the token is just internal currency.
now you conveniently calculate the payout incorrectly. You say the payout is 12k when the payout is 19k. After all 95% of USD 20,000 is 19k, isn't, but you don't care about numbers, after all the money isn't important in a business plan or is it?
btw, Jasmin does acquisitions all the time. What a surprise, their acquisition target isn't Porn.com but small companies. i am a trader at day job and I get some info, but can I ask what is your business because you seems knowing about LiveJasmin's acquisition strategy more than I can hear from an employee of Jasmin?
I don't "conveniently" ignore anything. Or use anything. I have no "convenience" here. And I did not calculate incorrectly, I did not see a "2" where there should have been a "4", that's all. And although the difference is significant, the basis of the argument remains exactly the same as of the validity of the point. I also don't follow the acquisition trail of Jasmin and therefore I don't know what they buy. The point made was that, as opposed what was posted, the CANNOT buy "anyone". And, again, depending on who the employee is -and her level of confidence in you, of course- what he tells you can be anything from real to an exercise in absurdity. My "business acumen" should be quite evident by now and if it is not apparent to you at this stage, even if I would have been a top executive at Goldman Sachs for 20 years -which I haven't- would make the slightest difference to you. "Convenient" enough? I was thinking you could reboot your acting career and become a model for jizzmo. It is a good deal you will only be paying 5% in fees. Batman. I'm Batman.... or is it Bruce Wayne? Now you make me doubt... |
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@atlcoinUK
There was a mistake I hadn't seen in my post -already edited- by which a 2 was posted instead of a 4.
But, first of all, when you or anyone talks about 95%, we all know this is chimeric, right? There are no charges, no fees involved? The only business in the world, that I know of, that functions with 5% or lower margin of profit is the trillions-dollar credit card business... and it works because the REAL margins are actually exorbitant. So let's call it like it is and admit that there wouldn't be even viable, let alone produce anything for development or just static implementation, with 5%... that's not even considering the piling up of losses (against what investment?) in the many months, perhaps years, it would take to achieve some kind of significant revenue flow.
But even if that paltry 5% would make it viable, the "model" used for the 70% calculation, was the one the guy from Rumania and "his studio" would use in which he would keep 10% clean, use 15% for infrastructure and pay the models 70%.
I said several times in my previous posts that your concern about the viability of recruiting top models very valid and the team should think about that issue. However, I think your numbers are incorrect. Regarding the 95% is chimeric, actually it is not. I did the research on the subject and I think the calculation of the team is correct. As the developers said, the main cost in the GadgetNet's business plan regarding to live video streaming is the server and internet traffic. Please use the sample of a 30 minutes long, 50 viewers group show that generates US$ 500 revenue. You will find in the numbers that the infrastructure cost of that video streaming session at 4 Mbit per second HD streaming (Netflix qualify 4 Mbit/s as HD) is less than US$ 3.00. That particular session generates around 45~50 GB traffic and the infrastructure cost is on a leased server is less than US$ 3.00, less than 1% of the revenue. Can they pay out the 95%. Obviously they can. A community member who broadcasts the show can make on such a show US$ 22.00. If the DAC broadcast the live show then the DAC can make that money. Moreover - and I think you completely ignore this revenue source -, the developers posted here that an important factor in their monetization plan is the advertisement revenue. Does it make sense to expect revenue from advertisement? I think it does. Amazon invested 1 Billion USD in twitch.tv last year, and the justification for the investment was the advertisement revenue opportunities from game streaming. The 100 Billions USD strong adult market advertisement is similarly a serious revenue source opportunity. I think the advertisement revenue should be taken into account when you validate the business plan. Regarding the random Romanian guy, for some reason, I am not sure why, the base of your calculation is not the publicly available data which indicate that big sites pay out an average 50% (40,000 models worldwide receive an average 50% of their revenue), but no, you don't use this figure for the calculation. You use the figure of a random Romanian guy's forum based offer which was advertised here. You use the 70% figure of the random Romanian guy instead of using the 50% figure which is the base of the assumptions of the business plan. If you would use the 50% (which is the average percentage 40,000 models worldwide receive) you would get the figure what the developers talk about and I posted previously by referring to the 10k vs 19k sample. Thank you for the breakdown but, unfortunately, that speaks only of the bare costs of the broadcast, not of the location, not even the most basic laptop. And, of course, you don't count on any administrative or organizational expenses, let alone a physical address, fiscal or otherwise. The DAC, I don't care where is registered, will be required to file a considerable amount of paperwork, hold records and books. And that can only be done -and accepted by governments- by professionals. And that costs money, all of it. Money that cannot be covered with 5%. Or 10%. And, I repeat, there's a very significant time span in which those expenses have to be sustained, whatever the margins, at significant cost (and I still can't figure out where that seed money is going to come from). Amazon -and any other huge company- not only invest millions in advertising but they actually collect millions from it. If you were to spend $1 million in advertising jizzmo.com -or the other one- it would actually make sense to expect some advertising revenue; as it is, totally as chimeric as the 95% pay out. I used the random Rumanian guy because it is the model that actually makes some sense. And because it was considerably above -for the models- what the average is. As you can easily imagine, if someone could pay those models -someone with an established business already- 60 or 70% instead of the average 50, they would get the cream of the crop and most of them would sign with them. Why don't they do it? Perhaps because the business model, without keeping 50-40% of revenues isn't viable, you think? After all 30% of 1 million is significantly more than 50% of half a million... Maybe they haven't thought it thoroughly, but I am going to assume that they have it down pat to the last dollar. As for the models doing it while keeping other platforms, wouldn't that be counter-productive? The whole point of getting established or successful models would be to bring with them their current constituency for they would hardly benefit from a no-traffic website. A bit confused by this potential scenario... |
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The way I see it, 4-8 years is exactly akin to 40-80 years. Why not being generous with numbers like those?
You are just not serious, sorry.
In that 4 year lot of development. 4 year go very quick. Coin will be at 1 usd in future. Then my children's children will be able to live off the dgb I making now. So you really are serious? Wow. |
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