ParkByte (OP)
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May 07, 2015, 02:10:28 AM |
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Waitaminute. We're pool ops just bitching about a 3% premine from a Hero members Mold coin, yet 20% premine from this clown is perfectly acceptable? What am I missing here?
Not condoning the premine just saying its 20% of mineable coins but only a mere 8% of total estimated supply 20% at end of 40 days, have fun mining 90 coins per block and 20% staked is still 20% not that you will ever reach that cause this will be dumped at 80%/20% premine ratio lol huge premine gtfo
Dev, Seriously consider burning most of the premine to normal levels. Will be much easier to get miners and exchanges.
If I was going to burn them, I wouldn't of created them. I expected these premine comments, I announced premine in PRE-ANN. I have put up block explorer at launch (I will be paying for it to go on CryptoID). Its pretty simple, don't like it, go pick a coin from the other 158 pages of announcements. I have no intention of dumping any of the premine for a quick buck. Getting miners doesn't seem a problem diff is about to hit 10mill Exchanges will yet to be seen, but I don't see a problem with it
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proletariat
Legendary
Offline
Activity: 1246
Merit: 1005
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May 07, 2015, 02:21:33 AM |
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post the pre-mine address on the ann with big letters
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proletariat
Legendary
Offline
Activity: 1246
Merit: 1005
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May 07, 2015, 02:24:20 AM |
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Also you should mine to a different address to keep the books clean
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netoo
Member
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Activity: 107
Merit: 10
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May 07, 2015, 02:24:46 AM |
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Hey dev, fyi the title reads "Re: [ANN] ParkByte [PKB] ~60day POW SHA then 100% POW"
i think you meant to say "Re: [ANN] ParkByte [PKB] ~60day POW SHA then 100% POS"
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ParkByte (OP)
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May 07, 2015, 02:28:58 AM |
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Hey dev, fyi the title reads "Re: [ANN] ParkByte [PKB] ~60day POW SHA then 100% POW"
i think you meant to say "Re: [ANN] ParkByte [PKB] ~60day POW SHA then 100% POS"
Thanks changed Also you should mine to a different address to keep the books clean
post the pre-mine address on the ann with big letters
I will be moving the premine to cold storage, probably splitting it in 500k's I will post these addresses on the OP and website.
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proletariat
Legendary
Offline
Activity: 1246
Merit: 1005
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May 07, 2015, 02:32:38 AM |
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Hey dev, fyi the title reads "Re: [ANN] ParkByte [PKB] ~60day POW SHA then 100% POW"
i think you meant to say "Re: [ANN] ParkByte [PKB] ~60day POW SHA then 100% POS"
Thanks changed Also you should mine to a different address to keep the books clean
post the pre-mine address on the ann with big letters
I will be moving the premine to cold storage, probably splitting it in 500k's I will post these addresses on the OP and website. Do it before an exchange lists the coin please. We have every right to be paranoid about this stuff. Good luck.
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ParkByte (OP)
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May 07, 2015, 02:50:23 AM |
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Hey dev, fyi the title reads "Re: [ANN] ParkByte [PKB] ~60day POW SHA then 100% POW"
i think you meant to say "Re: [ANN] ParkByte [PKB] ~60day POW SHA then 100% POS"
Thanks changed Also you should mine to a different address to keep the books clean
post the pre-mine address on the ann with big letters
I will be moving the premine to cold storage, probably splitting it in 500k's I will post these addresses on the OP and website. Do it before an exchange lists the coin please. We have every right to be paranoid about this stuff. Good luck. Gonna split the coins now to these addresses.... PJKXPSsTfVHYY7N8MHuL9ADhAf3GN6o4wG PWmTEu9Zo2Zt8qP52Tc7vgo2S3bWjjf7Vc PGSQCZmNzvK3ivwb6D34asA4EcFsDxcYiB PWiU7CM9xPkjU3ewxeTd81J4gpbrZqVA4r
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jimlite
Legendary
Offline
Activity: 1848
Merit: 1018
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May 07, 2015, 02:56:20 AM |
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Hey dev, fyi the title reads "Re: [ANN] ParkByte [PKB] ~60day POW SHA then 100% POW"
i think you meant to say "Re: [ANN] ParkByte [PKB] ~60day POW SHA then 100% POS"
Thanks changed Also you should mine to a different address to keep the books clean
post the pre-mine address on the ann with big letters
I will be moving the premine to cold storage, probably splitting it in 500k's I will post these addresses on the OP and website. Fair enough, if you truly intend to keep premine in cold storage, I'm mining. Do it before an exchange lists the coin please. We have every right to be paranoid about this stuff. Good luck. Gonna split the coins now to these addresses.... PJKXPSsTfVHYY7N8MHuL9ADhAf3GN6o4wG PWmTEu9Zo2Zt8qP52Tc7vgo2S3bWjjf7Vc PGSQCZmNzvK3ivwb6D34asA4EcFsDxcYiB PWiU7CM9xPkjU3ewxeTd81J4gpbrZqVA4r
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proletariat
Legendary
Offline
Activity: 1246
Merit: 1005
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May 07, 2015, 03:01:30 AM |
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Hey dev, fyi the title reads "Re: [ANN] ParkByte [PKB] ~60day POW SHA then 100% POW"
i think you meant to say "Re: [ANN] ParkByte [PKB] ~60day POW SHA then 100% POS"
Thanks changed Also you should mine to a different address to keep the books clean
post the pre-mine address on the ann with big letters
I will be moving the premine to cold storage, probably splitting it in 500k's I will post these addresses on the OP and website. Fair enough, if you truly intend to keep premine in cold storage, I'm mining. Do it before an exchange lists the coin please. We have every right to be paranoid about this stuff. Good luck. Gonna split the coins now to these addresses.... PJKXPSsTfVHYY7N8MHuL9ADhAf3GN6o4wG PWmTEu9Zo2Zt8qP52Tc7vgo2S3bWjjf7Vc PGSQCZmNzvK3ivwb6D34asA4EcFsDxcYiB PWiU7CM9xPkjU3ewxeTd81J4gpbrZqVA4r Can you tell me why you edited my post?
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bitcoin1992
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May 07, 2015, 03:18:06 AM |
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Anything new/different/innovative here?
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gdavis024
Full Member
Offline
Activity: 179
Merit: 100
Fighter of the Dayman
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May 07, 2015, 03:33:47 AM |
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Anything new/different/innovative here?
There's only one other page to the ANN lol how lazy could you be to read one page and find out on your own
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EBK1000
Legendary
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Activity: 1148
Merit: 1000
A Wound in Eternity
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May 07, 2015, 04:40:08 AM |
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So, please explain why someone would use fiat money buy BTC to buy PKB to pay for parking when you can just pay with GBP or other fiat money? Also, how will the integration with ANPR work? This is just fantasy to make it look fancy, the ANPR systems in the parking garages are run by different companies and in any case, how would you communicate with the ANPR. These are closed systems...This will simple never work and even if it did what is to stop some other company doing the same using BTC which is already known? Are you planning to patent this "so called" technology...
With the pre-mine I would suggest this is a scam pump-n-dump scheme
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Soooooooon...............
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ParkByte (OP)
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May 07, 2015, 09:42:00 AM Last edit: May 07, 2015, 02:25:11 PM by ParkByte |
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So, please explain why someone would use fiat money buy BTC to buy PKB to pay for parking when you can just pay with GBP or other fiat money? Also, how will the integration with ANPR work? This is just fantasy to make it look fancy, the ANPR systems in the parking garages are run by different companies and in any case, how would you communicate with the ANPR. These are closed systems...This will simple never work and even if it did what is to stop some other company doing the same using BTC which is already known? Are you planning to patent this "so called" technology...
With the pre-mine I would suggest this is a scam pump-n-dump scheme
Because fiat is not crypto, you cannot make a fiat transaction as fast as crypto and fiat transactions usually cost a lot to process. You seem to have over thought the ANPR part, this is only so user takes a picture of their number plate it converts it to text, see https://code.google.com/p/android-anpr/Here is a copy and paste from the PRE-ANN regarding using BTC/Other companies. Well there doesn't need to be a new coin, and there would be nothing to stop them doing it for bitcoin.
I do see a few benefits to using an alt coin rather than bitcoin.
TX Fee BTC its 0.0001BTC, PKB will be 0.00001PKB (unless 1PKB=1BTC this is a generous saving for 1000's of daily micro payments.) Block times, PKB will be 1minute compared to bitcoins 30minute block Users can stake their coins and earn interest on their parking change Bitcoin doesn't have a specific target market, even though it will probably always be the leader of crypto it does have a bad image for its uses. ParkByte is specifically targeted at parking, not drugs, not anonymity and not to avoid the alphabet agencies' eyes. Maybe just maybe Parkbyte *might* be less volatile
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andrepierre
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May 07, 2015, 10:08:50 AM |
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20% premine, not interested
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cakir1
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May 07, 2015, 01:08:54 PM |
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~60day POW SHA then 100% POW Not sure I get it.. saw that in the title. Did you meant PoS? lol He means that: 60 days is too long to mine, coin'll be dead till pow ends.
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polesdav
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May 07, 2015, 01:33:11 PM |
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coin will be dead cause of roadmap.. 0 improvements for more than 60days
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ParkByte (OP)
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May 07, 2015, 01:45:38 PM |
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~60day POW SHA then 100% POW Not sure I get it.. saw that in the title. Did you meant PoS? lol He means that: 60 days is too long to mine, coin'll be dead till pow ends. He meant a typo in subject on OP, but I see what you mean 60days is along time. If it was 7days, 14days, 30days, 45days etc it would of been too short/too long, it is impossible to please everyone. coin will be dead cause of roadmap.. 0 improvements for more than 60days What improvements would you like within 60days, I am open to changing the roadmap, the improvements must not sound too good to be true because that would just attract comments saying "pump and dump/scam etc" and they must be do-able within the 60days.
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kcanup
Legendary
Offline
Activity: 1484
Merit: 1000
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May 07, 2015, 02:10:09 PM |
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Stick with your original plan on mining.. I am waiting to mine when difficulty lowers in couple of days when miners left for other coins
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Jimbrown
Member
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Activity: 70
Merit: 10
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May 07, 2015, 02:13:29 PM |
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point my miner to this coin lets see how far it will be going
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