CryptoTrout
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May 21, 2015, 01:19:49 AM |
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you cant do 5% POW premine then have 2000 anti instamine blocks
logic doesnt work that way
mfw people still mine and buy it anyways
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SIX3P0
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May 21, 2015, 01:34:13 AM |
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you cant do 5% POW premine then have 2000 anti instamine blocks
logic doesnt work that way
mfw people still mine and buy it anyways
10% premine
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CryptoTrout
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May 21, 2015, 01:46:10 AM |
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you cant do 5% POW premine then have 2000 anti instamine blocks
logic doesnt work that way
mfw people still mine and buy it anyways
10% premine oh phew that makes it all better thanks
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myfirst
Full Member
Offline
Activity: 156
Merit: 102
Crypto Currency Developer
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May 21, 2015, 01:46:48 AM |
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Hehe, I'm finding loads of blocks with my Antminer S1. Too bad they are 0. Greed, it's human nature.
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iGotSpots
Legendary
Offline
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
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May 21, 2015, 01:55:47 AM |
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10% Premine + Super flash mine = Accurate coin name
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SIX3P0
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May 21, 2015, 02:14:21 AM |
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Idk, the more i think about it the worse it is, dev will end up with almost all pos or he will dump and kill it early. Either way with 10% premine there is going to be only one winner with this coin...the dev. Best chance to make money is mine and sell before pos...and hope dev don't dump.
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myfirst
Full Member
Offline
Activity: 156
Merit: 102
Crypto Currency Developer
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May 21, 2015, 02:21:53 AM |
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Idk, the more i think about it the worse it is, dev will end up with almost all pos or he will dump and kill it early. Either way with 10% premine there is going to be only one winner with this coin...the dev. Best chance to make money is mine and sell before pos...and hope dev don't dump. It's better to wait for the 'dev' to dump, then start buying. If 'Greed Dev' does intend to dump his premine, we will end up with a very fair and even distribution of coins. Whales are worse than pre-mines in my opinion.
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SIX3P0
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May 21, 2015, 02:24:42 AM |
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Idk, the more i think about it the worse it is, dev will end up with almost all pos or he will dump and kill it early. Either way with 10% premine there is going to be only one winner with this coin...the dev. Best chance to make money is mine and sell before pos...and hope dev don't dump. It's better to wait for the 'dev' to dump, then start buying. If the developer does intend to dump his premine, we will end up with a very fair and even distribution of coins. Whales are worse than pre-mines in my opinion. whales pay for their coins like rest of us, premine is 100% free. Dev could sell for 1 sat and make profit. Whales might push price lower to buy at price cheaper than mining but still have to sell for higher than they buy to make profit
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myfirst
Full Member
Offline
Activity: 156
Merit: 102
Crypto Currency Developer
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May 21, 2015, 02:34:13 AM Last edit: May 21, 2015, 02:46:03 AM by myfirst |
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Idk, the more i think about it the worse it is, dev will end up with almost all pos or he will dump and kill it early. Either way with 10% premine there is going to be only one winner with this coin...the dev. Best chance to make money is mine and sell before pos...and hope dev don't dump. It's better to wait for the 'dev' to dump, then start buying. If the developer does intend to dump his premine, we will end up with a very fair and even distribution of coins. Whales are worse than pre-mines in my opinion. whales pay for their coins like rest of us, premine is 100% free. Dev could sell for 1 sat and make profit. Whales might push price lower to buy at price cheaper than mining but still have to sell for higher than they buy to make profit Well, lets see how it goes. So far 'Greed Dev' has been intelligent. Source code was decent, launch was quite clever, and the idea is attractive. This guy knows what he's doing, he even has the checkpoint in the source code: ( 5, uint256("0x000000002185f8a408187bfeff6827599c522c07e0c1726b807f28d25de361bb")) If I am correct, the developer is using the premine as a whale repellent, which is also quite clever. I like this launch strategy better than the Nija launches and countdowns to wallet releases or passwords where a few miners grab the majority of blocks.
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SIX3P0
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May 21, 2015, 02:51:56 AM |
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"myfirst" second dev account there is still going to be an instamine when/if hash jumps at block 2k, so you get the best of both worlds LOL
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myfirst
Full Member
Offline
Activity: 156
Merit: 102
Crypto Currency Developer
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May 21, 2015, 03:44:43 AM |
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"myfirst" second dev account hehe, nope
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lin0sspice
Legendary
Offline
Activity: 1190
Merit: 1002
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May 21, 2015, 04:05:11 AM |
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Idk, the more i think about it the worse it is, dev will end up with almost all pos or he will dump and kill it early. Either way with 10% premine there is going to be only one winner with this coin...the dev. Best chance to make money is mine and sell before pos...and hope dev don't dump. It's better to wait for the 'dev' to dump, then start buying. If the developer does intend to dump his premine, we will end up with a very fair and even distribution of coins. Whales are worse than pre-mines in my opinion. whales pay for their coins like rest of us, premine is 100% free. Dev could sell for 1 sat and make profit. Whales might push price lower to buy at price cheaper than mining but still have to sell for higher than they buy to make profit Well, lets see how it goes. So far 'Greed Dev' has been intelligent. Source code was decent, launch was quite clever, and the idea is attractive. This guy knows what he's doing, he even has the checkpoint in the source code: ( 5, uint256("0x000000002185f8a408187bfeff6827599c522c07e0c1726b807f28d25de361bb")) If I am correct, the developer is using the premine as a whale repellent, which is also quite clever. I like this launch strategy better than the Nija launches and countdowns to wallet releases or passwords where a few miners grab the majority of blocks. lol ) that for every kids know linux can do it ) You call that clever ?
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[/tab
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jerowacik
Legendary
Offline
Activity: 1162
Merit: 1000
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May 21, 2015, 04:13:03 AM |
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"myfirst" second dev account hehe, nope i certain he second deev account newbie , support and just fake account
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kevin1234a
Legendary
Offline
Activity: 1162
Merit: 1000
Decentralizing Jesus on the Blockchain
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May 21, 2015, 05:49:14 AM |
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this thing is getting interested day by day
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halicarton
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May 21, 2015, 06:06:58 AM |
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hi,dev,if you like,I can translate this thread into Chinese. 0.1BTC will be ok.
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| ............It's never late to buy BTC for $1......... ........Services-backed cryptocurrency of $1 000 000 000 000 market ......... .............. | ...........PRE ICO Sep.27 – Oct.04............ ............ICO Oct.10 – Nov.07............ ...................ANN thread Bounty....................
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polesdav
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May 21, 2015, 10:27:51 AM |
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10% Premine + Super flash mine = Accurate coin name
why are you all talking about this 10% premine ... Block 1 to 2 5 GREED (premine)
Block 3 to 1999 0 GREED - ANTI INSTAMINE (sha256 diff adjustment period)
Block 2000 to 2090 (90 minutes total to ensure cheap home mining / rig rental costs) 1 GREED END POW: 100 GREED TOTAL Proof of Work rejected after block 2090 100:100=5:x x=5 did I miss anything?
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ohmygod21
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May 21, 2015, 10:29:58 AM |
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Blocks Till Mature: 120
dev with 10 coins start pos before you with a shitload
stay away from this shit
this is not fud , coins has not started
don't waste your BTC for this guy
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shimlbit
Legendary
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Activity: 1302
Merit: 1001
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May 21, 2015, 10:35:38 AM |
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yep big advantage for the "dev" 120 blocks to mature + unsigned int nStakeMinAge = 8 * 60 * 60; // 8 hours his 10 coins premine are mature and ready to stake...he will get every pos stake
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Belligerent Fool
Legendary
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Activity: 1218
Merit: 1001
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May 21, 2015, 10:39:15 AM |
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Seems like my kind of coin lol.
I'm in !
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satashito
Member
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Activity: 82
Merit: 10
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May 21, 2015, 11:07:27 AM |
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10% premine No thanks
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