1
|
Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SilkCoin | New Wallet | - HARD FORK MANDATORY UPDATE - | POW phase started
|
on: June 14, 2014, 12:40:58 AM
|
MEGAman  Always fudding, you seem to always go after popular coins blah blah your post is equivalent to a teenage rant. Unfortunately you not good at manipulating people sorry P.S Guys Check his post history , is been fudding all over the place its like diarrhoea coming out of his mouth lol Yes - check out my post history. Was I ever wrong? Everybody hated me and threw out insults and spread the usual misinformation regarding the premine but in the end none of it mattered. Do you regret not buying Yellowcoins at 20x their current value? Do you guys learn nothing from history? You are allowing these developers to cheat you out of your money in broad daylight. It's blackcoin with a (nearly) 5% premine - how is this the coin of the future? These guys are dumping all over you and you're still backing them up? The stupidity of the people actually buying right now is strong. I only hope it's the devs buying and selling to themselves to bump up the price and volume because I'm starting to lose faith in the future of humanity if there are actually people dumb enough to be buying right now. This coin has no future, no innovation, and a premine that represents about 50% of all coins in existence right now. The dev is a liar as evidenced by the "2% premine" they quote - you base a premine on the number of PoW coins - not the total number of coins that will ever exist after years and years of interest. For one, the premined coins ALSO get PoS. Let me put this in terms some of you kids can possibly understand: Don't be told what to believe - think for yourselves. The second he gets PoS coins on his premined coins the percentage of the premine rises - get it? 1. There exists almost 45 million coins now, not 4 mil, pow is over any minute now. So no, the 2 mil premine is not 50% of existing coins. 2. Almost 1 mil out of the 2 mil premine is already given away in bounties and mintpal voting, so right now the remaining premine is actually about 2% of EXISTING COINS. Get your facts straight.
|
|
|
8
|
Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SilkCoin | New Wallet | - HARD FORK MANDATORY UPDATE - | POW in 12 hours !
|
on: June 09, 2014, 08:09:02 PM
|
DO NOT CLICK ON THIS LINK Why do you say that? I clicked it :-( There's nothing dangerous, I think he's just warning us since well, it comes from a troll. Looks like a new exchange, based on the new "good looking" exchanges, I would recommend keeping away from it  Edit: from looking at the original thread for kingcoiny, the admin seems OK at least at first glance. He proved his name from dribbbble and linked his twitter account. kingcoiny was announced in march, no coin attached to the exchange. Still, trade with caution. 
|
|
|
13
|
Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SilkCoin | New Wallet | - HARD FORK MANDATORY UPDATE - | POW in 2 days
|
on: June 08, 2014, 03:47:51 PM
|
One question for the dev though. I was here on launch day, and it said it would be two POW stages, each giving approx 50 mil coins. Due to the mixed POS/POW phase from start, it resulted in about 30 mil coins first stage instead right?
And as I see now, the second stage will give half reward instead, so making the grand total of coins about 45-46mil at the end of the second POW/POS stage right?
My main question and point is. The premine was accounted for that it would be total 100mil coins, but now that's not true anymore and the % is actually higher than it states correct? Follow-up question: How much remains of the premine, and will the result of the higher % in total mean that you'll give out more in bounties than you first decided?
Thanks. /M
Yes the percentage is now higher than it states & 400k have been distributed on the premine already; We're trying as much as possible to make the premine last for a long time so we pay a lot in bitcoins or $ instead of using the premine (occulus rift & co) and of course never sell any silkcoin on exchanges. The premine is here to fund Silkcoin for a long time, the inside team (me and the devs) are not allowed to touch it, but on the other hand we may give out bounties also to the marketers (as I told you earlier we're all working together on a task management software). Regarding bounties most of the time it depends on the work done and price of silkcoin because each work is very different but we try to give out a bounty to every single person who helps SC  , there's a LOT of ways to help and I think most people can testify the bounty they got was pretty decent. A big part is distributed via giveaways also (Mintpal giveaway is the biggest in date, and not finished yet) and there's a lot more to come. The point of this premine is to support Silkcoin on the long run. And we'll try to make an allocation list soon (everything is labeled in the premine wallet) but we didn't take the time for that yet since we don't consider this as primordial since an allocation list doesn't prove anything (its very easy to cheat), on the other hand constant distribution and non-stop work will prove our dedication. And to answer the last question yes there will be a multipool, we're currently working on that  . Thank you for the quick answer. I'll throw in a feedback, I'm impressed by the new looks of the wallet. Great job! Just downloaded it today. I wish this coin the best of luck. I've already tripled my investment in this, I'll hold the rest for a long time!
|
|
|
14
|
Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SilkCoin | New Wallet | - HARD FORK MANDATORY UPDATE - | POW in 2 days
|
on: June 08, 2014, 02:57:19 PM
|
One question for the dev though. I was here on launch day, and it said it would be two POW stages, each giving approx 50 mil coins. Due to the mixed POS/POW phase from start, it resulted in about 30 mil coins first stage instead right? And as I see now, the second stage will give half reward instead, so making the grand total of coins about 45-46mil at the end of the second POW/POS stage right? My main question and point is. The premine was accounted for that it would be total 100mil coins, but now that's not true anymore and the % is actually higher than it states correct? Follow-up question: How much remains of the premine, and will the result of the higher % in total mean that you'll give out more in bounties than you first decided? That was more than one question  Thanks. /M
|
|
|
15
|
Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] SilkCoin | New Wallet | - HARD FORK MANDATORY UPDATE - | POW in 2 days
|
on: June 08, 2014, 02:20:03 PM
|
I updated the OP with supply  . Regarding the last FUD comments it's obviously linked to the fact we're having a big spike in volume and price today. Anyway most of the last FUD comments don't make any sense if you followed just a bit our updates.. Also main difference between us and the other people : we deliver we don't just post photoshops as Numus I guess or any other examples you said, have you at least downloaded the wallet  ? You know it's not photoshop on the gif right? And I'll say just one last thing that will counter any FUD spreading : 1 month pause and 2 POW phase is the LAST thing a scam dev would do, think about it... Anyway it's great to see so much people rally to Silkcoin and the last POW phase haven't even started ! You know when you have the developer on the rails when he jumps to stop your arguments. The Nummus developer did exactly the same. People be wise, this is not FUD, they are scammers. Pus they are the same guy I expect with sock puppets too. Noticed how he answered me almost instantly. Why do you try so hard? I haven't been online for a long time, but just had to reply to this. No one is your friend on the internet. If you think it's a scam, move on in silence. If and when others get scammed, laugh in silence. If you chose poorly, suffer in silence.
|
|
|
16
|
Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ✪ Silkcoin ✪ 2 POW stages->Full POS - Beautiful UI, Full time devs ✪
|
on: May 12, 2014, 11:45:19 AM
|
Has the dev pulished his premine address yet ? I think we need some transparency.
Why so concerned with Premine .. blah blah.. This is a solid coin. How big could it be? 7 day PoW with no block halving? and the second PoW stage is not even done yet! The total outstanding coins so far are less than 10 million of of a MAX total of 100 million... so cant be that much premined... nothing to see here... Yeah, you are right judgecrypto. It's totally unimportant to have some open ledger premine. It's better the dev doesn't show how the premine wallet is filled or emptied. Did we ever see a dev scam the community with the premine, I don't think so, did we? That's exactly why the BTC protocol was built in the first place. To get away from placing trust in a 3rd party for accountability, placing it instead in to a publicly distributed ledger. If you have 4.5 BTC you could buy the equivalent of a 2% premine. So really any early adopter can get a large stake. What makes the coin fair is there is no large block up front with block halving that only the early miners can get. The prices are ridiculously low right now. I have a couple hundred thousand I got from using Nicehash and Bittrex. I only found out about silkcoin from IPOMiner. So this is a totally fair launch! Okay, you say 2% PREMINE , which is 2,000,000 coins can be bought for 4,5 btc. I am looking at poloniex and at the moment at 800 sat the 2,000,000 coins will cost me 16 btc. Lets face reality, you are either a 100% moron or you are part of a scam, trying to withdraw attention from the premine. I guess, you aren't a moron, so ...When the dev-team is NOT willing to give an open ledger of the premine than this coin is just another SCAM, the dev-team makes a couple of thousands and the coin is finished. Every dev-team with honest, long term businessplans is giving full info about the premine-wallet. So, when they are NOT willing to give this info, it's clear to everyone. To all readers stop buying this coin until we see an open ledger regarding the premine. Last 10 hours, I bought just over 400k SC and actually, I regret it very much. Unless I see an open ledger of the premine, I will dump these 400k SC pretty soon. http://explorer.silk-coin.com/address/BFEZyzaVwEfd9q8eNN2UZz3zjmZ74p29znhttp://explorer.silk-coin.com/address/BGAvX8sxyzA8jKdERc46UfiaXKt3K7nKcxhttp://explorer.silk-coin.com/address/BAuVLtGJ4tRZrfFLvCX23P3aEYGhSwkmmfThese 3 addresses all trace back to the first block. (the premine) Total Balance: Around 1,948,000 So it means they've given away around 52k coins in bounties.
|
|
|
|