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3261  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][TRUST] TrustPlus [X11][PoS 8 Hours 30Day Max][Premine = Bounties] on: July 11, 2014, 03:02:47 PM
cryptodevil, you must remember one thing. Inherently all coins have a risk that the dev can be bad, dump and bail. There are dev attributes that contribute or mitigates the risk - lets call it dev stats. Dev stats is an important risk indicator. Most coins have anonymous devs which places a high risk value against that indicator. Those are the coins with the biggest risk of a bad dev that dumps and bails. The Trust dev made his identity public. This is a mitigating factor for the dev stats risk indicator. In addition, the dev's previous work and track record further reduces the value of the dev stats risk indicator. He will be well aware that if he lies, deceives, dumps, bails or does anything wrong his ass is on the line and the L will know where to get him. This places Trust at a lower risk than the other countless coins with anon devs. It is not to say that a venture cannot fail even if the dev identity is known. It is just that the risk is lower in such a case that the dev stats indicator would be the trigger of it. What does have a big impact is if people spread fudd which can have a big impact on a coin as well and could very well be the trigger of a failure.

You might have your reasons why you want Travis's coin to fail, but shouldnt you at least give him some credit for doing this venture with his real identity? Do you really think there is a bigger risk of this dev scamming than an anonymous dev? Perhaps you should rather attack those coins with the anon devs.
3262  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][TRUST] TrustPlus [X11][PoS 8 Hours 30Day Max][Premine = Bounties] on: July 11, 2014, 01:43:37 PM
Wow, very good news indeed!
3263  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zimstake (ZS) - NOW PURE POS - No IPO / PreMine - SHA-256 New Wallet on: July 11, 2014, 01:07:26 PM
I am with SrsCrypto on this. Not because I am a bag holder. I am not. I mined ZS at the start so I am still in the green, even at 1000 sats. I support SrsCrypto because I have come to known CG over a last number of months as someone that will not just bail on the community or his coin. CG is a committed and skilled dev. This is just his style and if you don't like it sell and move on to coins that hype with empty promises and features that do not work. There you can p&d and become bag holders.

There are 2 options.

1. CG does not return, but that would be because of the community's hate speech towards CG and not because he bailed on the coin. Maybe the community's attitude got him pissed off big time to the extent that he stuffed everything. I would completely understands this because why work hard and sacrifice personal time and family life for a selfish community that does not like his style? Perhaps with this option he can say FU and let the whiners become bag holders because the community told him FU and showed him the finger. If he does not return it is the community's own fault. (Unless of course something bad happened and a bus ran him over)

2. CG returns and continues with his coin, development and plans. (if he decides to eat up the community's $%#^$).

I would go with option 2, because MP was never part of the strategy but the community forced a MP listing because they thought they could get a p&d and make a quick buck. Everybody knows that coins that go to MP gets dumped. ZS does not need anything but Bittrex. Bittrex is becoming the superior exchange in anyways. In his own words he said if you don't like surprises, then sell off. ZS is not there to make a quick buck. I am going to say another controversial thing: Mining with Bitcoin ASICs cost a lot of money especially if you own ASICs - which probably places this community at a certain level of maturity including financial maturity. So mining a few coins and nothing comes of it is no big deal. Those top accounts have probably done the same as I did by just parking and staking their coins for later until CG is ready, they probably do not have to sell because they don't need to. I am parking my ZS - if CG returns great, if he doesn't also fine.

Maybe there are some people that put a lot of BTC in it at 10k. But those obviously did not follow the rule of don't invest what you cannot afford to lose. They are probably the ones that screamed for a listing and paid for MP votes to dump on a rise.
3264  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][TRUST] TrustPlus [X11][PoS 8 Hours 30Day Max][Premine = Bounties] on: July 11, 2014, 06:49:26 AM
lol fak, nice work putting that bot out of business, hopefully another one does not take its place

From the look of things the Trust dev team is jacked with their finger on the pulse, which is something that few coins can say.
3265  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][TRUST] TrustPlus [X11][PoS 8 Hours 30Day Max][Premine = Bounties] on: July 11, 2014, 06:35:40 AM
please. what  the amount of total coins Huh

Its kinda up in the air again.  If the person doesn't come forward, we will be out maximum 800,000 on Retail and will not make it to 2015 edition.  So 30 Million?

Again, I don't understand completely.  Could you make yourself more clear?

1. Are you planning to shut down the Bittrex BTC/TRUST exchange?
2. What happened exactly?  Did something happen to the premine?

If someone sent trust coins to bittrex, they've already converted them to BTC so you're only going to destroy new buyer's coins.

If you do shut down the Bittrex BTC/TRUST exchange, it will tank the price.

Please clarify.

Wow, that was close..... seems like things are back under control..... thank you dev for finding who was hurting the market. the 5 potential addresses that were holding the market hostage. Smiley

Problem has been solved?  Even if Bittrex locks the accounts, they don't release the coins back to the community I don't think so just consider the coins dead.

It was important to know who is here to make this coin better.  That was a very poor decision to lower the price by that party or individual. That bot cost some people that trusted me with their money.  I have to do everything in my power, and that bot would not have stopped until 1 satoshi.  Its done... we can move on.  The price will go back to where its supposed to be.

?

Can anyone explain what dev is talking about?

A trading bot appeared on Bittrex that bought a bunch of Trust and was dumping down at regular intervals in order to lower the price. The purpose of the bot seems to have been to drive the price down to 1 sat and to kill the coin. This is the reason why every time the coin started to rise in price there was a dump. Normally, devs would not know what to do and bail. In this case, the dev team stood up and took action to identify the offending accounts. The dev team managed to identify the bot behaviour and related accounts in order to protect the community's investments.

As per the statement above it seems that the issue has been addressed and trading can continue again to the natural market related levels it should be and not the artificial low levels it traded on due to the bot manipulation.
3266  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][TRUST] TrustPlus [X11][PoS 8 Hours 30Day Max][Premine = Bounties] on: July 11, 2014, 06:00:25 AM
Normally, a dev would bail if things heat up in the middle of a battle. Not this Trust dev team. I have the highest respect for this dev team for looking after the community and sorting things out, in order to protect everyone's investment.

Thank you very much.
3267  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MIN] Minerals - POS. Fair Distribution. E-SPORTS BETTING TEST WENT LIVE! on: July 10, 2014, 06:23:55 PM

LMAO people can't even say truth when they became bagholders  Roll Eyes

It is not our problem then if you are a LOL bagholder and cannot see the truth.
3268  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MIN] Minerals - POS. Fair Distribution. E-SPORTS BETTING TEST WENT LIVE! on: July 10, 2014, 06:05:07 PM
VS


Two sites both started beta test today, and people you tell me which team is more dedicated and professional? Stop fooling yourself please...

I agree, the Minerals team is much more professional.
3269  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][TRUST] TrustPlus [X11][PoS 8 Hours 30Day Max][Premine = Bounties] on: July 10, 2014, 05:52:54 PM
how many more coins are left to be mined?



PoW is over.  People are donating to lower the price.  Should we see how far they will go? -Travis

Thanks for the update,

Glad I got some more sub 400 then, I was under the impression that it was still being mined.

Cost of mining was 400
3270  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][TRUST] TrustPlus [X11][PoS 8 Hours 30Day Max][Premine = Bounties] on: July 10, 2014, 05:33:39 PM
how many more coins are left to be mined?



Just stake. POW finished.
3271  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][TRUST] TrustPlus [X11][PoS 8 Hours 30Day Max][Premine = Bounties] on: July 10, 2014, 04:48:40 PM
Going on twitter about dev bailing out on coin.  Shocked

Can anyone confirm?

Dev u there?

He was very active today on IRC. Dnt believe the twitter fud.
3272  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][TRUST] TrustPlus [X11][PoS 8 Hours 30Day Max][Premine = Bounties] on: July 10, 2014, 04:06:48 PM
Dev, can you put in first page the premine adress? and how many coins are left from premine?

Thanks

If I am not mistaken it is the top address on the block explorer rich list?
3273  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][TRUST] TrustPlus [X11][PoS 8 Hours 30Day Max][Premine = Bounties] on: July 10, 2014, 07:55:33 AM
calm down. correction is going on. 1500-1700 soon

Does it look like I'm panicking? Price will rebound but wondering looking at the charts there were 2 ~1.5 million coins dumped a few hours apart.

It is normal miner dumping in the early stages. Assists with distribution.
3274  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MIN] Minerals - POS. Fair Distribution. E-SPORTS BETTING TEST WENT LIVE! on: July 10, 2014, 05:12:52 AM
This dump is not a big deal, remember min went down to 800 sat from 3500 satoshi and it bounced back up to 6-7k?  less then 2 weeks ago.

The new floor is stronger and i can tell another pump is about to happen in the coming days some1 is getting a lot of cheap coins right now.

To the LOL dev showing his self here saying he believe both coin should exist lol that is a real joke after twitting #sorrymin trying to make fun out of it.

The LOL community is dead, the MIN community is 100X time more alive and at this point it could only be at his advantage to try to look nice here but i believe way more in min future.

Keep the hypocrisy away imo that was a strategic move far from being a classy move.

PS: less then 1 btc away from 3500 sat, take the time to look at the sell orders. Som1 is clearly pushing the price down in order to get more cheap coins these sell orders werent there 24hr ago just watch out for a pump pretty soon.

I agree with you that the MIN community is much stronger.
3275  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MIN] Minerals - POS. Fair Distribution. E-SPORTS BETTING TEST WENT LIVE! on: July 10, 2014, 04:32:25 AM
The problem is gearing.  At a low value of 4000 sat movements in price has a very big impact on the value of total holdings.  If the floor was first set at a much higher level like 40k, movements in the price have a much lesser impact on value of total holdings. A price movement of 2000-4000 is the same as a price movement of 20000-40000. Price movements between 2-4k are more likely than price movements of 20k-40k. If a dev delays with something or a hiccup occurs, a price drop of 40k to 35k could happen at the higher levels.  On the other hand, the same event could cause a 4k-2k drop at the lower levels. That is why I said that there should have been first some effort to get to a much higher price floor and build long term from there.
3276  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MIN] Minerals - POS. Fair Distribution. E-SPORTS BETTING TEST WENT LIVE! on: July 10, 2014, 04:00:43 AM
In hindsight you should have done anon first taking a couple of days - quick win. Coinier said he had a programmer that could do it in a day or two. Price would have gone up to 20-30k floor. After that you could have spent the weeks doing betting and price might have moved between 10k-30k. Now you spent the weeks on betting, another coin got to market first and MIN doesn't have anon either. Now the price did not go above 6k much and is going down on the charts.

did it ever occur to you that maybe the dev cares more about his coin than whether or not some greedy anon can make a quick buck off it?

+1 think longer term

Maybe. Unfortunately the odds are against long-term when it comes to alt-coins. There are exceptions like LTC and DRK. It needs something really special for an alt-coin to survive long term.
3277  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MIN] Minerals - POS. Fair Distribution. E-SPORTS BETTING TEST WENT LIVE! on: July 10, 2014, 03:25:13 AM
In hindsight you should have done anon first taking a couple of days - quick win. Coinier said he had a programmer that could do it in a day or two. Price would have gone up to 20-30k floor. After that you could have spent the weeks doing betting and price might have moved between 10k-30k. Now you spent the weeks on betting, another coin got to market first and MIN doesn't have anon either. Now the price did not go above 6k much and is going down on the charts.
3278  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zimstake (ZS) - NOW PURE POS - No IPO / PreMine - SHA-256 New Wallet on: July 09, 2014, 06:48:41 PM
Still nothing?
It make sad, in have full faith bag holding since day one.
It make me sick just like that.

I also mined from the start.
3279  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zimstake (ZS) - NOW PURE POS - No IPO / PreMine - SHA-256 New Wallet on: July 09, 2014, 03:21:36 PM
Well, congrats to all of the community! It looks like we will finally be listed on MintPal, like so many have wanted.

In keeping with giving the people what they want, later this evening once I get off of work, and after we have been added to MintPal; I will post a brief plan/overview for ZS. This will be things I have most likely mentioned in IRC or at least spoken about before. It has come to my attention that having all my plans listed in the OP and clearly visible to all would benefit the community. This is not a "press release" or "announcement" to drive the price up, but a clarification of my intentions for ZS.

Anyway, congrats to all for the great work everyone has done!

hellowww.. why is it so silent here, has the discussion moved to elsewhere ? we're sinking just like titanic and yet no words from CryptoGir as promised 2 days ago

Well what is there to say? Price is too low to sell. So people are probably doing other stuff or playing other markets while keeping a tab open in their browser looking here once in a while. At some point something will happen, just don't know when. Hopefully it will be something big and spectacular. CryptoGir might just surprise everyone.
3280  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][TRUST] TrustPlus [X11][PoS 8 Hours 30Day Max][Premine = Bounties] on: July 09, 2014, 10:54:37 AM
is bittrex graphs wrong?  or lagging ? the pink-green circles i mean.. how come the sells are more than buys??

As the price goes up more resistance is met. If there is a lot of buy support following the advancing frontline, the green circle will become more than the red circle. If the frontline moves fast without the required buy support, it will meet a lot of resistance and red will be more than green
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