goldmaxx
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May 06, 2015, 12:26:32 PM |
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I would like to see that only ECC, SUPER, MWC and START coin holders get paid in the future. See these coin holders as share holders...
A few arguments to state my point:
1. A great way to gain exposure for ECC, SUPER, MWC and START 2. A great way to increase the future value of these coins. 3. No one is ever too late to join as a shareholder...the "worst" that can happen is that the longer they wait; the more they have to pay for their "shares". 4. A great way to reward the curent ECC, SUPER, MWC and START holders.
Let me put this with an example...
Total fees to pay out = 100% --> 20% = Trusted Cryptos Team --> 20% = ECC holders --> 20% = Super holders --> 20% = MWC holders --> 20% = Start holders
Lets say that in this example "x" owns 1% of total ECC, 0,33% of total Super, 0,11% of total MWC and no Start. Also in this example, the 3 monthly total fees is worth 180BTC (ref. Bittrex; I know it's hard to compare; but I had to use some numbers)
20% is for the Trusted Cryptos Team = 36BTC 144 BTC left to pay the shareholders.
--> X gets: (1%+0,33%+0,11%+0%)/4 of 144BTC = 0,5184BTC paid out...
Just a thought...Feel free to give your feedback :-)
Regards
Goldmaxx
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mdtspain
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May 06, 2015, 12:40:07 PM |
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I would like to see that only ECC, SUPER, MWC and START coin holders get paid in the future. See these coin holders as share holders...
A few arguments to state my point:
1. A great way to gain exposure for ECC, SUPER, MWC and START 2. A great way to increase the future value of these coins. 3. No one is ever too late to join as a shareholder...the "worst" that can happen is that the longer they wait; the more they have to pay for their "shares". 4. A great way to reward the curent ECC, SUPER, MWC and START holders.
Let me put this with an example...
Total fees to pay out = 100% --> 20% = Trusted Cryptos Team --> 20% = ECC holders --> 20% = Super holders --> 20% = MWC holders --> 20% = Start holders
Lets say that in this example "x" owns 1% of total ECC, 0,33% of total Super, 0,11 of total MWC and no Start. Also in this example, the 3 monthly total fees is worth 180BTC (ref. Bittrex)
20% is for the Trusted Cryptos Team = 36BTC 144 BTC left to pay the shareholders.
--> X gets: (1%+0,33%+0,11%+0%)/4 of 144BTC = 0,5184BTC paid out...
Just a thought...Feel free to give your feedback :-)
Regards
Goldmaxx
Only holders of ECC, MWC and SUPER will get paid....other coins can be traded in the Exchange and will bennefit from the low trading fees. All those fees will be paid as dividend to the holders of our coins. Payments will be in ECC, MWC or SUPER. Untill now we didn't even think to get a share for trusted cryptos. We only get paid if we hold coins. We where thinking : 100% pay-out 33% ECC 33% MWC 33% SUPER But that isn't our problem...the problem is to whom to pay, using the Blockexplorer addresses doesn't work, simply because we don't see the current exchanges as holders of our coins. Also there are lots of addresses that are not used. So what about registration of an address....we think thats not decentralized, because then we need a central database.
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pineapples
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to your stations, man the pineapples!!!
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May 06, 2015, 01:09:04 PM |
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But that isn't our problem...the problem is to whom to pay, using the Blockexplorer addresses doesn't work, simply because we don't see the current exchanges as holders of our coins. Also there are lots of addresses that are not used. So what about registration of an address....we think thats not decentralized, because then we need a central database.
oh that's an oldie but a goodie that problem. but registration of a holding address seems a good idea. as long as interest/change will stay in that address (upon staking and moving coins). it does seem the simplest of possibilities. although for people who dont use the qt this registration will need to be more than doing so through the qt. a central database should be easy then. if you did want to ultimately go decentralised then trusted nodes would seem a route to consider. where those nodes handle multi-sigs to handle the accumulated dividends
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fuze0000
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May 06, 2015, 01:24:58 PM |
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I would like to see that only ECC, SUPER, MWC and START coin holders get paid in the future. See these coin holders as share holders...
A few arguments to state my point:
1. A great way to gain exposure for ECC, SUPER, MWC and START 2. A great way to increase the future value of these coins. 3. No one is ever too late to join as a shareholder...the "worst" that can happen is that the longer they wait; the more they have to pay for their "shares". 4. A great way to reward the curent ECC, SUPER, MWC and START holders.
Let me put this with an example...
Total fees to pay out = 100% --> 20% = Trusted Cryptos Team --> 20% = ECC holders --> 20% = Super holders --> 20% = MWC holders --> 20% = Start holders
Lets say that in this example "x" owns 1% of total ECC, 0,33% of total Super, 0,11 of total MWC and no Start. Also in this example, the 3 monthly total fees is worth 180BTC (ref. Bittrex)
20% is for the Trusted Cryptos Team = 36BTC 144 BTC left to pay the shareholders.
--> X gets: (1%+0,33%+0,11%+0%)/4 of 144BTC = 0,5184BTC paid out...
Just a thought...Feel free to give your feedback :-)
Regards
Goldmaxx
Only holders of ECC, MWC and SUPER will get paid....other coins can be traded in the Exchange and will bennefit from the low trading fees. All those fees will be paid as dividend to the holders of our coins. Payments will be in ECC, MWC or SUPER. Untill now we didn't even think to get a share for trusted cryptos. We only get paid if we hold coins. We where thinking : 100% pay-out 33% ECC 33% MWC 33% SUPER But that isn't our problem...the problem is to whom to pay, using the Blockexplorer addresses doesn't work, simply because we don't see the current exchanges as holders of our coins. Also there are lots of addresses that are not used. So what about registration of an address....we think thats not decentralized, because then we need a central database. I like this Idea of getting paid by holding one of these 3 coins. We should have a community vote on what is a fair payout for profits. Trusted Crypto group remember you need support if this going to be successful. Greed destroys period.
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mdtspain
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May 06, 2015, 01:44:05 PM Last edit: May 06, 2015, 02:05:13 PM by mdtspain |
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I like this Idea of getting paid by holding one of these 3 coins. We should have a community vote on what is a fair payout for profits. Trusted Crypto group remember you need support if this going to be successful. Greed destroys period.
Greed??? For now we will continue with the planning and solving the problems. The next step to this is the CryptoBank (multiwallet) so we can control wallets from 1 application. As for a community vote...I think that it's simply fair to look at the coincap to find a good key how to devide the %. Sum the 3 coincaps, take 1% and see howmany % needs to go to every coin. This will change every time, as the coincaps will change. Example: Todays marktcaps MWC 8503 12,17% ECC 43830 62,72% SUPER 17548 25,11% TOTAL 69881 100% 1% of 69881 = 698,81 But that is not the problem for now...
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sovie
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May 06, 2015, 03:06:07 PM |
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In my opinion the trusted crypto team should get only a small percentage from trades to upkeep the costs that i think we willl definantly incurr. I forsee servers involved and other running costs to the eventual method that is agreed upon although its not for me to say this will definantly happen as griffith is the code dev and it will all depend on how his code is developed and if anything unforseen might occur to make this all work properly.
As for our own personal payment from this project we are investors of all 3 coins like everyone else and therefore we will make our money in exactly the same way as everyone else does.
I personally hold all 3 coins and im sure the others do as well, although thats their business and nothing to do with anyone on here who and how much of what anyone owns.
if you're a coin holder it makes sense to diversify into all 3 coins as all 3 coins will get payouts, but again that's everyone's individual business
as for startcoin it is not included yet but there is a significant advantage to considering it due to the owner/Dev of that coin and what they might bring to this project, but that is another matter to be discussed at a much latter stage.
First we have our roadmap and we follow it step by step, so that we can realise the project, thats why its there.
as always keep minting mining and Trading. sovie
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Griffith (OP)
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May 06, 2015, 04:27:21 PM |
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im going to say it now. and someone will probably bring it up later. but the coins you buy do NOT entitle you to any % of the network in payouts or otherwise. we have decided that we want to give users a payout for holding our coins as an incentive but they do not come with a promise of payment of any sort/ representation of any ownership of any sort of any application we produce.
otherwise we have to register with the SEC because im in the USA.
on that note, yes we will be "freely passing out money to the people who hold the coins" as that is my official statement for the activities.
i will probably put a ToS somewhere on the site soon because ripple just got fined for not outlining this well. i sure as hell dont want to be
it will be up before the product and that agree message will probably come with it.
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CryptoJohn
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Well, That's Crypto :-\
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May 06, 2015, 06:33:37 PM |
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I vote if you hold more than 100k of any TrustedCrypto coins that TC should have to pay your rent or at least your utilities.
Oh wait, that makes no sense at all.
This calls for a math equation.
Total I have spent on TC coins hoping to make a mint later down the road X Total proceeds team TC have accumulated through my purchases $0.00 Total amount of resources I have contributed to further development 0 ------------------------------------------------------------------------------------------------- Amount that team TC owes me or the amount of influence I am entitled to zeroX
WTF, wait a minute...
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Griffith (OP)
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May 06, 2015, 07:22:48 PM |
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uploaded some unix fixes. makefile.unix works properly for ECC now
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rainly
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May 07, 2015, 07:27:22 AM |
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thanks, now, I am in offices, but my wallet is in home, I will try it in night.
Ok, if there are any problems then let us know OK, No problem. Now, my wallet is ok, ecc be find. thanks.
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mdtspain
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May 07, 2015, 07:39:08 AM |
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thanks, now, I am in offices, but my wallet is in home, I will try it in night.
Ok, if there are any problems then let us know OK, No problem. Now, my wallet is ok, ecc be find. thanks. Good to hear, thank you.
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pineapples
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to your stations, man the pineapples!!!
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May 07, 2015, 09:42:51 AM |
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uploaded some unix fixes. makefile.unix works properly for ECC now
great. i did have to mkdir /src/obj then it worked lovely thank you very much .. curiously i did get Error: An error occurred while setting up the RPC port 19118 for listening on IPv4: bind: Address already in use and netstat did not report anything else using the port, so i finally got around to using port=xxx in the conf file .. and it works great. just syncing now ..
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pineapples
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to your stations, man the pineapples!!!
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May 07, 2015, 09:47:45 AM |
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hey give me something to copy/paste into my sig . so i dont have to spend the extra 30 secs modifying it to a hyperlink please thank you edit. actually i want the pretty colours more than the link . lol hmm, and i just noticed that mdtspain, your links in yr sig are to the old threads.. further edit. pah. i knew it was a dumb idea. i'm going to have to change your text to make a single line of text. i'll do it later
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mdtspain
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May 07, 2015, 10:09:37 AM |
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hey actually i want the pretty colours more than the link . lol hmm, and i just noticed that mdtspain, your links in yr sig are to the old threads.. Updated...Thanks
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Griffith (OP)
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May 07, 2015, 02:56:43 PM Last edit: May 07, 2015, 04:54:58 PM by Griffith |
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there seems to have been an error in the way one of the wallets was uploaded. we have redone it. i am 99% sure the website messed up. i am not sure if it was the mac or windows wallet.
SO, just to be safe. if you have downloaded the 2.4.2 ECC wallet. please try to redownload it. im looking at log files after getting an odd message and it seems one or two of you out there had a decompression error when taking it out of the files we uploaded. cuz these messages are weird. so if you have the wallet. just redownloading it should fix this. (no resync necessary). especially if you have been getting a lot of orphans or have had it on staking but havent staked in a few days. then this could be you
links in OP are up to date
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Griffith (OP)
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May 07, 2015, 07:11:05 PM |
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uploaded some unix fixes. makefile.unix works properly for ECC now
great. i did have to mkdir /src/obj then it worked lovely thank you very much .. curiously i did get Error: An error occurred while setting up the RPC port 19118 for listening on IPv4: bind: Address already in use and netstat did not report anything else using the port, so i finally got around to using port=xxx in the conf file .. and it works great. just syncing now .. the fact that the port was in use was probably something with your system specific. @limuxdev we try to delete his spam of fud and disturbing/sexual images. sometimes we cant get to them fast enough.
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sovie
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May 08, 2015, 06:11:48 PM Last edit: May 08, 2015, 06:26:44 PM by sovie |
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Well done to the mwc community for averting the bittrex delisting rubbish again, Super needs to step upto the plate and do the same. In order to get the weekly 1.4btc bittrex trading threshold the fees that bittrex takes is only 0.004btc a week at.2btc daily trades between everyone this is nothing keep minting trading and minng
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jvdp
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May 09, 2015, 07:51:02 AM |
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great, super is delisted from Bittrex....
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alganonim
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May 09, 2015, 09:32:56 AM |
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great, super is delisted from Bittrex.... Yeah great work devs, it shows that you care, now do the same with cryptsy.
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goldmaxx
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May 09, 2015, 10:31:55 AM |
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great, super is delisted from Bittrex.... Yeah great work devs, it shows that you care, now do the same with cryptsy. How short sigthed and stupdid to blame the dev team... It's up to the community to keep these coins on the exchanges. What do you expect? That they should buy 0.2 btc a day in order to prevent them from delisting? They are here for development, and they are doing a great job so far, so please stop acting like a child. Regards Goldmaxx
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