rethink-your-strategy
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June 18, 2014, 03:38:58 PM |
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Bytecoin had an 82% premine before public release (under the guise of it supposedly being on the "darkweb" for 2 years, a claim nobody can validate). It definitely needs a ** on it.
Can you link to where the 82% premine comes from? I've never heard of it. Well, according to the blockchain, 82% of the coins were mined by the time it was released on Bitcointalk in March. They claim its because it has been around on the darkweb only for 2 years, and the blockchain dates support that. But the blockchain can be faked easily. Here is some light reading for you: http://www.reddit.com/r/Monero/comments/26we1g/why_monero_and_not_bytecoin/chv7yx9?context=3
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Eadeqa
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June 18, 2014, 06:08:37 PM |
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NxT just like ripple. Please recalculate the capitalization. It has less volume than XC, Monero, et al.
It has more volume right now than peercoin and better distribution than both peercoin and litecoin. 50% of peercoin are controlled by 60 addresses. Litecoin is just as bad. All 1 billion nxt were distributed to original stakeholders who contributed BTC, and nxt currently has better distribution than both peercoin and litecoin. It's nothing like ripple Everything in your post is wrong. What do you mean "everything" in my post is wrong? 50% of peercoin are controlled by top 60 addresses http://bitinfocharts.com/top-100-richest-ppcoin-addresses.htmlFor litecoin, Just top 2 addresses control 22% of all litecoin http://bitinfocharts.com/top-100-richest-litecoin-addresses.htmlAs for volume Nxt has consistently more volume than peercoin last month, reaching a high of 2 million 3 weeks ago So what exactly is TaunSew is whining about?
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niothor
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June 18, 2014, 06:13:58 PM |
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NxT just like ripple. Please recalculate the capitalization. It has less volume than XC, Monero, et al.
It has more volume right now than peercoin and better distribution than both peercoin and litecoin. 50% of peercoin are controlled by 60 addresses. Litecoin is just as bad. All 1 billion nxt were distributed to original stakeholders who contributed BTC, and nxt currently has better distribution than both peercoin and litecoin. It's nothing like ripple Everything in your post is wrong. What do you mean "everything" in my post is wrong? 50% of peercoin are controlled by top 60 addresses http://bitinfocharts.com/top-100-richest-ppcoin-addresses.htmlFor litecoin, Just top 2 addresses control 22% of all litecoin http://bitinfocharts.com/top-100-richest-litecoin-addresses.htmlAs for volume Nxt has consistently more volume than peercoin last month, reaching a high of 2 million 3 weeks ago So what exactly is TaunSew is whining about? You can't talk about fair distribution with a coin that was distributed to 70 people as nxt was
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Eadeqa
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June 18, 2014, 06:19:49 PM |
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NxT just like ripple. Please recalculate the capitalization. It has less volume than XC, Monero, et al.
It has more volume right now than peercoin and better distribution than both peercoin and litecoin. 50% of peercoin are controlled by 60 addresses. Litecoin is just as bad. All 1 billion nxt were distributed to original stakeholders who contributed BTC, and nxt currently has better distribution than both peercoin and litecoin. It's nothing like ripple Everything in your post is wrong. What do you mean "everything" in my post is wrong? 50% of peercoin are controlled by top 60 addresses http://bitinfocharts.com/top-100-richest-ppcoin-addresses.htmlFor litecoin, Just top 2 addresses control 22% of all litecoin http://bitinfocharts.com/top-100-richest-litecoin-addresses.htmlAs for volume Nxt has consistently more volume than peercoin last month, reaching a high of 2 million 3 weeks ago So what exactly is TaunSew is whining about? You can't talk about fair distribution with a coin that was distributed to 70 people as nxt was Nxt IPO was open to everyone on this forum for 2 months and everyone was free to join. It's not Nxt fault that people didn't want to join. Nxt was fairly distributed in open IPO on a public forum to anyone who wanted to join. So how exactly are peercoin and litecoin "fairly" distributed? There is no such thing as "fair" distribution in crypto. Early adapters have big amount of coins. The population of world is 7 billion so unless you have distributed the coins to all 7 billion equally, everything is "unfair" distribution currently. There is no difference between 73 and 7300 given there are 7 billion people on earth who never received coins in any IPO.
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Fredz91
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June 18, 2014, 06:58:48 PM |
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Nice to see BCN at the top 10 list. I am sure after substantial update BCN would move to a higher position.
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Agent99
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June 18, 2014, 07:13:09 PM |
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Nice to see BCN at the top 10 list. I am sure after substantial update BCN would move to a higher position.
It's gone down one position. Hope BCN will return to previous position and will rise above.
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rethink-your-strategy
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June 18, 2014, 07:13:19 PM |
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Nice to see BCN at the top 10 list. I am sure after substantial update BCN would move to a higher position.
Most heavily premined coins end up at the top 10 for a while. Thankfully, nobody cares about the top 10 by marketcap, and they look at the top 10 by volume. The market has already rejected your premined scamcoin.
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cyrpi4
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June 18, 2014, 07:22:35 PM |
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Nice to see BCN at the top 10 list. I am sure after substantial update BCN would move to a higher position.
Most heavily premined coins end up at the top 10 for a while. Thankfully, nobody cares about the top 10 by marketcap, and they look at the top 10 by volume. The market has already rejected your premined scamcoin. I'd say rethink your view on this coin but to tied to discuss ''premining'' as it was discussed lot of times in BCN thread.
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Donations: 2235fa09-d5b3-4d5d-9b28-d1281abc1ccb
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GreedyBoy
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June 18, 2014, 07:30:30 PM |
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Nice to see BCN at the top 10 list. I am sure after substantial update BCN would move to a higher position.
Most heavily premined coins end up at the top 10 for a while. Thankfully, nobody cares about the top 10 by marketcap, and they look at the top 10 by volume. The market has already rejected your premined scamcoin. Volume doesn't always mean that coin is great, so do marketcap list. I'd advise you to analyze one coin's position by all classifications.
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rethink-your-strategy
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June 18, 2014, 07:31:07 PM |
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Nice to see BCN at the top 10 list. I am sure after substantial update BCN would move to a higher position.
Most heavily premined coins end up at the top 10 for a while. Thankfully, nobody cares about the top 10 by marketcap, and they look at the top 10 by volume. The market has already rejected your premined scamcoin. I'd say rethink your view on this coin but to tied to discuss ''premining'' as it was discussed lot of times in BCN thread. It doesn't matter how much it was discussed, the bottom line is that it was mined *in secret* for 2 years OR it has a fake blockchain with 2 fake years worth of mining done. That means that 82% of the coins are in the hands of people who are unknown and unknowable. That is the very definition of a premine, and that is why the market has rejected this premined piece of shit.
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JunkieMiner
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June 18, 2014, 07:41:53 PM |
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Thanks DStrange for your zeal. Good news for bcn holders it was added to coinmarketcap and, furthermore, ranks high on the list.
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rethink-your-strategy
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June 18, 2014, 08:24:35 PM |
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Thanks DStrange for your zeal. Good news for bcn holders it was added to coinmarketcap and, furthermore, ranks high on the list.
By "BCN holders" you mean the ~30 computers that mined 82% of the coins?
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Gridcoin
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June 19, 2014, 01:14:34 AM |
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Hi,
Gridcoin here,
Sorry to bother you, but our block explorer provider had an outage earlier and is back up now.
We are at the bottom of the list in "all" (value : $1). When I click into the outstanding coins count I do see the correct value on the BX now; but we have not moved. Maybe something needs reset?
Thank you in advance and sorry for the hassle.
Rob
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Gridcoin: scientia humana libertas
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Joshua.Dan
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June 19, 2014, 09:39:18 AM |
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HI
Please remove BTC100 from your website. They are cheater from china, look at their doge and LTC market volume. Please remove it.
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Gliss (OP)
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June 19, 2014, 12:01:45 PM |
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Hi,
Gridcoin here,
Sorry to bother you, but our block explorer provider had an outage earlier and is back up now.
We are at the bottom of the list in "all" (value : $1). When I click into the outstanding coins count I do see the correct value on the BX now; but we have not moved. Maybe something needs reset?
Thank you in advance and sorry for the hassle.
Rob
All fixed HI
Please remove BTC100 from your website. They are cheater from china, look at their doge and LTC market volume. Please remove it.
It looks ok to me. Why do you say that?
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Comrade Capitalist
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June 19, 2014, 03:13:27 PM |
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Don't worry, the fact that he chose to ignore your posts makes people draw their conclusions. But we can't do much about the site, it's not a democracy.
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tuvokcoin
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June 19, 2014, 04:24:27 PM |
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Gliss,
The SaveCoin coin supply is not being correctly represented on coinmarketcap.com.
The coin supply listed presently, only shows the mined coins. The double asterisk indicates that the coin has been Significantly Premined, however those premined coins are not included like they are for other coins.
SaveCoin did have a premine of 20 Million coins. Of those 20 Million, 19 million are held in reserve to make daily interest payments in what is called Proof of Funds (POF). The coin pays out a .137% daily interest on every coin in circulation (except the premine). The wallet does not need to be open like POS. These coins are not technically available coin supply until paid out as interest.
The remaining 1 million premine are held by the Dev for bounties, promotions, giveaways and are fully available.
1) To accurately represent the coin's supply for the short term at least the 1 million Dev premine should be included.
2) To be even more accurate, the paid interest to date should also be included. We would be satisfied with #1 to get started until a process for #2 can be created.
3) Eliminating the 19M held in reserve for POF, makes the effective premine 5%. In light of this, does a 5% premine still qualify as significantly premined or can this designation be removed?
Given that SaveCoin is the only POF coin, we understand the confusion. Let me know if you have any questions or if any other information is required to make this change.
Thanks.
That makes sense, I'll take a look tonight. Any progress?
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cornerstonecoin
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June 19, 2014, 07:05:08 PM |
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Hi. I am the developer of CornerstoneCoin (CCX). Could you please include the CCX/LTC volume that we are seeing at AllCrypt in the 24hr volume? Thanks.
Thanks so much for adding the CCX/LTC volume to the CornerstoneCoin value calculations. Sorry to keep being a bother but could you also add the CCX/DOGE data from AllCrypt as well when you have time. Thanks again and keep up the good work!
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