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1261  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [XTC] TileCoin| IoT (Internet of Things) bitcoin blockchain - ĐApp on: November 20, 2014, 11:52:31 AM

I doubt very much that your IQ, and your purpose



Your doubts have absolutely no relevance to the fact that the Counterparty developer has just confirmed that this is a scam, and to opposite what was claimed it has nothing to do with Counterparty, and therefore it has no decentralized application engine whatsoever. It's a scam. Period.
1262  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [XTC] TileCoin| IoT (Internet of Things) bitcoin blockchain - ĐApp on: November 20, 2014, 11:46:32 AM

good ,do you have more comments about bitbay?


I had a few so far ... you can read it at https://bitcointalk.org/index.php?topic=857457.0

Having said, that, to mislead investors that you have the tech while you don't have anything makes BitBay and David Zimbeck (whom actually has the tech) a lot, lot better proposition than this TileCoin scam.
1263  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [XTC] TileCoin| IoT (Internet of Things) bitcoin blockchain - ĐApp on: November 20, 2014, 11:40:11 AM
sorry for the misunderstanding and confusion.

but with CP team assistance, XTC is a legit and established app.

i am glad to hold a legit asset in this chaotic crypto land.

Counterparty is NOT involved in ANY regard with XTC/Tilecoin. We are not "vouching" for anything one way or another, and I was only made aware of this project a few days ago. ASIC-8tile reached out to me to ask me to look at an element of their technical design. I am no longer interested in doing so, given that a) I was asked to look at something as a favor without being told it was a tilecoin client, and then my "involvement" was marketed to the thread without me being aware, and b) the Tilecoin community reaction to my PM response was publicly posted and trolled, and then misinterpreted.


Thanks for confirming this xnova! You have done an absolutely wonderful work with Counterparty and the novel tech of your project is an exemplary effort for any coin developers.

It is absolutely disgraceful that this project mislead investors by claiming that it uses Counterparty for its decentralized application engine.
1264  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [GDC] GadgetCoin | Smart Contracts on Hardware | IoT | M2M on: November 20, 2014, 11:30:38 AM

 ...  but we intend to keep GadgetCoin's price at $5, we believe that's the price we, you and all coin holders should sell GDC to hardware integrators


How do you justify $5 price per coin for the hardware integrators?

We plan to have our first pilot project with a security company, and during our talks with them we quoted that their infrastructure would require 1000 gadgetcoins per year to run. We asked them if $5000 a year would be a reasonable price to run their yearly infrastructure. They said it was a reasonable estimate because their current software costs are upward of $60,000 (including SQL, hardware controlling etc)

Even a high-end home that would require home automation can fit this price of $5 per gadgetcoin into their budget. 

Therefore we came to the conclusion that pricing $5 per gadgetcoin is reasonable to enterprise users.

Thanks, that make sense, such price would work with enterprise users and even with high-end home. I wouldn't mind to pay $5 per year to control my home automation system, smart meters, garage door opener, Zigbee switches and routers with one system. Currently I have to use 10 remote controls and 15 software to manage all gadgets in in my house. So I think you have a very viable use case and that makes me being interested in this coin.

In my opinion from investors' viewpoint it doesn't matter whether you have a low coin supply and high price or vice versa. The most important is to be clear and transparent about the terms of conditions .

As I said before, if albert_mt want to sell it as a broker or Altcoin4life want to sell it in his investor circle prior to the release that's none of our business, just like you could sell the project for your friends and family members prior to start to get angel investment, but once the coin is released the following must be very-very clear

- the number of coins in the genesis block
- the number of coins sold by albert_mt, Altcoin4life or by yourself for early stage investors, family members or friends (to angel investors) prior to the start
- the number of coins GDC Foundation still owns at the day of start
1265  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [VRC] | VeriCoin | POS-NSDI | VeriBit | VeriSend | VeriSMS | SuperNET Core on: November 20, 2014, 11:26:40 AM
We need some really good news from the VeriCoin devs.
1266  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [XTC] TileCoin| IoT (Internet of Things) bitcoin blockchain - ĐApp on: November 20, 2014, 11:10:42 AM
sorry for the misunderstanding and confusion.

but with CP team assistance, XTC is a legit and established app.

i am glad to hold a legit asset in this chaotic crypto land.

Counterparty is NOT involved in ANY regard with XTC/Tilecoin. We are not "vouching" for anything one way or another, and I was only made aware of this project a few days ago. ASIC-8tile reached out to me to ask me to look at an element of their technical design. I am no longer interested in doing so, given that a) I was asked to look at something as a favor without being told it was a tilecoin client, and then my "involvement" was marketed to the thread without me being aware, and b) the Tilecoin community reaction to my PM response was publicly posted and trolled, and then misinterpreted.


Tilecoin is actually good for Counterparty. I cann't understand what you have said.

You can't understand, but it was very clear: the Counterparty developer said that he and Counterparty which is a great project has nothing to do with this shamble.

We think whatever we want about the Bitbay ICO, and I am the most vocal and critical about how wrong was the Bitbay ICO, but David Zimbeck at least developed BlackHalo, he has a working smart contract engine and very clear idea about what he tries to achieve in the IoT field. GadgetCoin, the other IoT coin already demoed their wallet.

This project collected the money from investors and it turns out it has nothing to do with Counterparty, therefore the project nothing else but a scam.

It seems you are pushing this shamble very-very hard, but you can't ignore the fact that came from the Counterparty developer and completely discredits this project. It's really a disgrace to lie about Counterparty, lie that TileCoin has the tech while it doesn't have anything.
1267  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [GDC] GadgetCoin | Smart Contracts on Hardware | IoT | M2M on: November 20, 2014, 01:30:31 AM

 ...  but we intend to keep GadgetCoin's price at $5, we believe that's the price we, you and all coin holders should sell GDC to hardware integrators


How do you justify $5 price per coin for the hardware integrators?
1268  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [VRC] | VeriCoin | POS-NSDI | VeriBit | VeriSend | VeriSMS | SuperNET Core on: November 20, 2014, 01:08:10 AM
Since the devs abandoned the BCT forums, most people get their news and information about VeriCoin from barabbas and altcoinUK. I wonder if that was their intention when they left?
Well thats not a good idea, you won't get the proper info from those two. Im sure they haven't mentioned that effects is working on a new POS (PoST) which is a complete change in the protocol and make vrc the safest pos out there, I'm sure every pos will be jumping on it as soon as they have it done. Plus I'm sure the trolls haven't mentioned that @onsightit has been working on the auto update features for the wallet.

You can be kept up to date at the official veriocoin forums  https://www.vericoinforums.com/threads/development.576/page-5



Typical shamble that very much has been the attribute of the clown operated VRC.

Generally speaking the POS feature means absolutely nothing, none of the altcoins will replace Bitcoin using the POS feature as a unique selling point. Additionally, since this VRC thing is worthless, no one want to expose the weakness of the POS algorithm. The software engineering effort should go into areas that make the coin a viable proposition for investors. The fucking POS tweak is not going to lift up Vericoin from the +500 strong altcoin swamp where exhausted and over-scammed investors try to decide which turd is the better looking one. Unfortunately, following the POS tweak (which means nothing) VeriCoin will remain one of the hopeless floating turd in the marshland that perhaps offer day trading opportunities but certainly not a long terms investment proposition.

Please bring some news about a development activity that actually make sense and I will be the first who congratulate the VRC devs.
1269  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [VRC] | VeriCoin | POS-NSDI | VeriBit | VeriSend | VeriSMS | SuperNET Core on: November 19, 2014, 07:31:26 PM
There are significant differences though. While the stooges are kids with no name, playing with crypto, Brian Kelly is a celebrity, a writer of books and frequent CNBC contributor. The backlash would indeed affect his career outside of crypto, therefore it is very much in his interest that NAUT not only succeed but remains very, very clean.

The stooges, unfortunately -and I don't know if they have dumped or not, let make that perfectly clear-, don't seem to be aware -or care at all for- the fact that what they are doing now is registered in the ledger of the Internet and in the future could easily come back to haunt them, much like a DUI in your early years could actually damage your career prospects when you grow up. For instance: IF and when law enforcement seizes their upcoming "decentralized cloud" and finds child porno and drug and arms contracts stored there, among other "goodies", them being the responsible party, how do you think that will look on a background check when they apply for a government grant for scientific medical development?

But who cares now, right? They have their on show on the hangouts and a few cheerleaders actually cheering them, something this nerds have never ever have in their lives, so they seize the moment ... and the perception that they can actually be rich... 10s of thousands rich, mind you.

I agree, and I tried to explain to the BitBay people that their decentralized market could be trading platform for child pornography and all kind of prohibited items, therefore there use case is doomed until regulation is not in place. According to them such opinion doesn't make sense. I am sure Jay Jay boy the new business manager of VeriCoin has the same view on decentralized storage than the Bitbay peoples do. (I was a big believer in the decentralized market and storage, but I have to admit, in its current unregulated form it is not a viable option).

I was wondering if VRC is still exists, so I took a look at the cheerleader forum today. I am sure this forum has more unique visitor than that one, but besides that and most importantly there is an open application process for Verileaders .. again. I thought, I should let you know that and I consider myself to put forward an application. The VRC devs likes critical voices :-))
1270  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [GDC] GadgetCoin | Smart Contracts on Hardware | IoT | M2M on: November 19, 2014, 07:10:21 PM
I want this "coin" how do we earn it?

Thank you for your interest and question.

There are two ways to earn GadgetCoin:

1) By participating in the Proof of Consensus process by running your fully enabled peer node to process transactions and maintain the health of network. We estimate a fully enabled peer node that runs on a very cheap Linux/Windows virtual machine and allows the network enforce security measures against its process could earn at least 1000 GadgetCoin per year. There is an incomplete mathematical model that suggests that number and as we speak we are validating this calculation. Eventually the market will determine the coin price, but we intend to keep GadgetCoin's price at $5, we believe that's the price we, you and all coin holders should sell GDC to hardware integrators, which results in a reasonable earning for those users who run an honest peer node. A DigitalOcean box costs $5/month, and there will be a good ROI for participating in the GDC network.

2) You can earn GadgetCoin by receiving an interest rate for staking the coin.

Since the instant transaction processing is the main requirement for IoT and to achieve this there's no mining, these two above listed methods the way for users who do not wish to buy GDC on the free market to still earn coins.



Thank you, both sound good but when will distribution start? I have many contacts in crypto and if the project is right I always help adoption in numerous ways I just need to know how these coins will be handed out, is this an ICO?

Wow, thank you so much for offering to help us! At this stage I think the most important thing is if people like yourself, who have contacts and understand the market, help us get off the ground. In return for such help we are happy to invite the helpful community members and investors to the GDC Foundation where the major decisions about coin price, selling condition of the coin, hardware sales, distribution of the profit from hardware sales will be made.

There won't be an ICO if initial coin offering is defined as the process when the coin is sold prior to the release the software.
As the OP describes, hardware integrators will be able to buy the coin from the GDC Foundation in the open market. We need to decide prior to that how best to distribute the coin to the investors who are willing to put money into this venture. Over the last few days, especially today after GadgetCoin appeared in the news we received inquiries from investors about how to acquire GadgetCoin. It seems there are serious interest revolving around whether or not to allow brokers to sell the coin. Since quite a few investors are interested in working with us on this venture we have put forward this question to the GDC foundation: should we sell GadgetCoin for a very limited price to those who are willing to help move the project forward?  It would probably be a good idea, as we don't mind having investors onboard who believe in this coin and help them realize a 500% profit. As we said in the OP on the 15th of December we want to start the network, and we would imagine prior to that we need to sort out the pre-sale conditions (if there will be a pre-sale at all). Please let us know what you think.




I like the idea that people who don't want to buy the coin still can get it by forging and staking.

I strongly suggest, no ICO and no pre-sale please! If albert_mt want to sell it as a broker or Altcoin4life want to sell it in his investor circle prior to release that's none of our business, just like you could sell the project for your friends and family members prior to start to get angel investment, but once the coin is released it must be very-very clear
- the number of coins in the genesis block
- the number of coins sold for early stage investors, family members or friends (to angel investors) prior to the start
- the number of coins GDC Foundation has at the day of start lets say 15/12/2014

These three information are absolutely necessary to make a decision whether this coin worth any investment.

How the community can control the GDC Foundation exactly? I read somewhere there is a voting process, is it voting via smart contracts?
1271  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [VRC] | VeriCoin | POS-NSDI | VeriBit | VeriSend | VeriSMS | SuperNET Core on: November 19, 2014, 04:54:32 PM
What's the mood in the cheerleader camp after the price is stabilizing in the 3000 range and many investors lost 90-95% value of their investment?

I would imagine it will be as "festive" as usual. I know that both Kevondo and Lootz are happy counting the thousands of thousands of dollars (I believe they call them millions stateside) that the status of SuperNET's asset their radio operation will eventually achieve. Our pants-boy may have been caught by the wife and it isn't a pretty picture... him, the wife probably is. Idiots are lucky that way some times...



LoL tha's funny :-))) Don't make our pants boy angry please, he will be out of control again.



Meanwhile, NAUT is crushing me. I though that Brian Kelly was a lot smarter than he actually is, books and all. Hopefully that one will rebound because I'm going in big, big time. No way to go back now...


The NAUT operation seems a tricky one and perhaps just verifies that the known identity behind a coin doesn't guarantee successful operation (good news for the anonymous James?). I was very excited about the prospect of bringing transparency to digital currencies, that's why I was interested in VRC in the first place, but the state of VRC and NAUT perhaps indicates that the known identity of the devs is not the most important factor in making a coin successful. Good technology, being open source and sort of fair distribution could make a coin successful - no wonder BTC is still there and VRC (which is lack of good tech) is not succeeding. I agree with your view about the importance of complying with regulations and that (the compliance) could be the most important factor in the future when the regulations will be in place, I am talking about how can a coin succeed until the regulations are not enforced.

Known identities is obviously an asset, craved more and more by investors tired of scams. But no amount of known identities will help a coin that doesn't move at all, let alone progress in one way or another. Like VRC. Or NAUT. Can you believe Brian Kelly has not been able to get POS working in NAUT after "trying" for months? That is a feature that every shitcoin out there has. And now, after being abandoned by several people "working" on it, including Bryce Wiener, he is in the hands of Julian Yap... not exactly a solid guarantee. Hence the dumping. It is evident that Kelly at the moment has much bigger fish to fry than salvaging an enterprise which is worth, in total market cap, less than what he makes in 6 months at their other income enterprises, maybe even less than 3 months. Problem is he's selling -trying to- a book which is supposed to be a banner add for his crypto enterprise and the current state of total failure  is not exactly and advertising gimmick, so, hopefully, the need for it to rebound will prompt some more decisive action.

One thing is lack of innovative technology -which is ok- and quite another total lack of implementation of the most basic features that any copy/paste hackjob have readily available. No matter how much exposure you can bring, if what yiou try to sell is a turd, you are not going to be very successful.


Yeah, the issue is, even transparency exists, transparency and accountability don't walk hand in hand in this unregulated and messy crypto currency market - see VeriCoin devs and Brian Kelly, they are not accountable whatever they do. The VRC devs promised everything and then dumped their coins on the market, and now they say, sorry, this is the wild west, we didn't force you invest in VeriCoin. In the case of brick and mortar businesses the legal system puts the "developers" in jail  for such behaviour.
1272  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [GDC] GadgetCoin | Smart Contracts on Hardware | IoT | M2M on: November 19, 2014, 03:32:28 PM
Here are the BitBay videos

http://youtu.be/SfrPRQVSR6Q
http://youtu.be/hGocWhXsOGE
http://youtu.be/EhE_K5qmbQc

As you can see the BitBay solution exists only on a white board, while you have demonstrated already at least something that looks like a working software. The race for smart contract dominance is exciting!  Grin and don't worry, there will be multiple winners.



Don't underestimate the earning power of white boards!

White boards combined with waporvare raised billions of dollars venture capital and angel investment, just like the white board helped the Bitbay scam raise 1.2 million $. Go to this thread at https://bitcointalk.org/index.php?topic=857457.0 if you want to know more about the BitBay scam.

1273  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [GDC] GadgetCoin | Smart Contracts on Hardware | IoT | M2M on: November 19, 2014, 01:32:00 PM
Any news from Ehereum's Vitalik Buterin and Gavin Wood? A friend of mine who is very close to them promised to me that he will let them now about GadgetCoin. I know Ethereum is looking for infrastructure projects, perhaps GadgetCoin and Ethereum could work together?
1274  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [VRC] | VeriCoin | POS-NSDI | VeriBit | VeriSend | VeriSMS | SuperNET Core on: November 19, 2014, 01:10:04 PM
What's the mood in the cheerleader camp after the price is stabilizing in the 3000 range and many investors lost 90-95% value of their investment?

I would imagine it will be as "festive" as usual. I know that both Kevondo and Lootz are happy counting the thousands of thousands of dollars (I believe they call them millions stateside) that the status of SuperNET's asset their radio operation will eventually achieve. Our pants-boy may have been caught by the wife and it isn't a pretty picture... him, the wife probably is. Idiots are lucky that way some times...



LoL tha's funny :-))) Don't make our pants boy angry please, he will be out of control again.



Meanwhile, NAUT is crushing me. I though that Brian Kelly was a lot smarter than he actually is, books and all. Hopefully that one will rebound because I'm going in big, big time. No way to go back now...


The NAUT operation seems a tricky one and perhaps just verifies that the known identity behind a coin doesn't guarantee successful operation (good news for the anonymous James?). I was very excited about the prospect of bringing transparency to digital currencies, that's why I was interested in VRC in the first place, but the state of VRC and NAUT perhaps indicates that the known identity of the devs is not the most important factor in making a coin successful. Good technology, being open source and sort of fair distribution could make a coin successful - no wonder BTC is still there and VRC (which is lack of good tech) is not succeeding. I agree with your view about the importance of complying with regulations and that (the compliance) could be the most important factor in the future when the regulations will be in place, I am talking about how can a coin succeed until the regulations are not enforced.
1275  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [VIA] ★ Viacoin ★ ~ the future of digital currency ~ ★ on: November 18, 2014, 11:17:03 PM
via,looks good.

Yes, this is a very solid coin.
1276  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [GDC] GadgetCoin | Smart Contracts on Hardware | IoT | M2M on: November 18, 2014, 11:14:27 PM

Here you go, we have compiled a video to demonstrate the very first implementation of Broker Smart Contract. Please note this is work in progress and the software will be fine tuned according to the upcoming business requirements.




Or if the image file disappear

Watch here




The first working this kind of broker smart contract I have ever seen and I have been following all smart contract software including Counterparty and Ethereum from the very beginning.

These gadgetcoin boys will be contacted very soon by Ethereum's Vitalik Buterin and Gavin Wood. If Ethereum want to buy you up, don't accept anything less than 1 million $ for your software from Ethereum, Ethereum still has 20 million $!


1277  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [APEX] BlockNET | PoS Phase, MULTI-Wallet with Exchange, GAMES on: November 18, 2014, 06:54:02 PM

It could go anywhere with a pump. On that pump note, I was a bit surprised to read that Bobsurplus sold his holding 300k APEX. The volume was surprising, wtf, that's all? That was less than 1 BTC investment because he got in at 300 satoshis. What kind of whales we are talking about if they play with only 1 BTC?

Buying 300 K APEX at 300 satoshi was theoretically impossible. I checked the graphs, and it seems that back at the very start of APEX in July and August, one could have only bought something like 100 K at 300 satoshi, and only if you caught the lowest price over the days and weeks. So it doesn't add up.  

I haven't checked any blockchain data, but when the developer boys left the party or at least everyone thought they left the party about 2 months ago the price was 300 sat for a bit, but you are right it was never 300 for very a long period of time. I remember I could buy quite a lot when the price crashed to 400 sat and was jumping between 400-700 for a while, I did buy a lot APEX then and I am not a whale by any means, I am just supporting these Russian dev boys. That's why I thought it was hilarious that the biggest whale of the show was publishing proudly that fuck yeaahh, I dumped my APEX. Come again, you dumped your whole 1 BTC?
1278  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [APEX] BlockNET | PoS Phase, MULTI-Wallet with Exchange, GAMES on: November 18, 2014, 06:42:39 PM

So as many people do - I did the opposite of what bobsurplus was saying, I bought more apex !


That's about the right attitude :-))) When well known faces tweets that "I am buying", "this is the next big coin", then they are already middle of the dump. This is a ridiculous environment.
1279  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [GDC] GadgetCoin | Smart Contracts on Hardware | IoT | M2M on: November 18, 2014, 11:56:38 AM
have a ico?

There won't be an ICO for this coin. We certainly want to be financially rewarded for our work, but before selling the coin we will release a fully functional software and Internet of Things platform.

so you just want money.

How did you concluded that proposition from the answer you received?

He could conclude that from the answer, because he is not the sharpest knife in the kitchen.
1280  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [APEX] BlockNET | PoS Phase, MULTI-Wallet with Exchange, GAMES on: November 18, 2014, 11:55:40 AM
The thread has been unusually quiet for the last couple of days. Perhaps something is in the workings, an critical announcement by the devs or something of great importance?

The price seems to be very stable in the 1500-1700 satoshi range, and I suppose that the thread always gets more active when we are going up or down, and we are not used to longish periods of price stability. Maybe we should get used to it? As Apex is growing it is certainly becoming more stable and less prone to manipulation. Or maybe nobody is saying anything, because nobody wants to sell at these prices? Smiley

Slow but steady growth is better than going up and down like a yoyo every week. I'll see you all at 10 K satoshi and beyond, I bet there is going to be a a lot of discussion in this thread then Smiley 


Could apex go to 10,000 sat ?! You really think so man? I think 5,000 is possible, but more than that...hmmm...

It could go anywhere with a pump. On that pump note, I was a bit surprised to read that Bobsurplus sold his holding 300k APEX. The volume was surprising, wtf, that's all? That was less than 1 BTC investment because he got in at 300 satoshis. What kind of whales we are talking about if they play with only 1 BTC?
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