[ANN] Elacoin | Released | Fair Elastic Scrypt Mining | No Premine

[super3]

As always, looking to buy chunks of 10k. As it starts rolling in, feel free to send me your offers.

10 BTC?

[justabitoftime]

As always, looking to buy chunks of 10k. As it starts rolling in, feel free to send me your offers.

10 BTC?

This would almost be the time to use the 'ROFL' all the kids are raging about.   Let me rephrase, feel free to pm me your serious offers in LTC.

[Vince Torres]

As always, looking to buy chunks of 10k. As it starts rolling in, feel free to send me your offers.

10 BTC?

This would almost be the time to use the 'ROFL' all the kids are raging about.   Let me rephrase, feel free to pm me your serious offers in LTC.

How about we wait til the coin comes out then.

[rosefox911]

Where's the source for the elacoin? Are there any pools?

Limitless, why is it you are branded as a scammer. Any particular reason? If you are indeed a scammer, why are you allowed to post? Seems counter intuitive to me.

Why not be allowed to post?

So you admit to being a scammer?

[Tomatocage]

I can't wait to mine this and then as quickly as possible get rid of them for BTC or LTC!

[saudibull]

In the same boat as "justabitoftime" / PM me with your offers, I want 10k of these coins / I will make you an offer you can't refuse ---

[justabitoftime]

As always, looking to buy chunks of 10k. As it starts rolling in, feel free to send me your offers.

10 BTC?

This would almost be the time to use the 'ROFL' all the kids are raging about.   Let me rephrase, feel free to pm me your serious offers in LTC.

How about we wait til the coin comes out then.

I'm not part of your 'we', thanks.  I'm looking to do a gentleman's agreement upfront. Just PM and we'll get the ball rolling. I'm not 20, I don't want to be up all night messing around. If I grab 5k chunks from different people, that's fine too.

[BitcoinOxygen]

hmm

So should I launch a stratum mining pool for this coin?

If there are enough people interested I might open a pool for this coin.

[Joerii]

hmm

So should I launch a stratum mining pool for this coin?

If there are enough people interested I might open a pool for this coin.

Yes you should and I'll join the moment you lauch, if your fee is not over 5% and you take managing it seriously

[TheSwede75]

Timer removed. End time: 2013-05-14+6:00:00UTC

Why can't admins just drop the banhammer on this tool? He's a self admitted scammer with 20+ accounts.

[BitcoinOxygen]

hmm

So should I launch a stratum mining pool for this coin?

If there are enough people interested I might open a pool for this coin.

Yes you should and I'll join the moment you lauch, if your fee is not over 5% and you take managing it seriously

Currently I operate BTCOxygen. You can find link on my sig.

Yeah fees will not be above 3% for sure.

[Joerii]

Devianttwo, I've sent you a pm. When I log in my account on your website, it shows as powercoin, not Elacoin. Is this OK ? If i registered an account, does that mean I'm good tomorrow morning ?

[TheSwede75]

As always, looking to buy chunks of 10k. As it starts rolling in, feel free to send me your offers.

10 BTC?

This would almost be the time to use the 'ROFL' all the kids are raging about.   Let me rephrase, feel free to pm me your serious offers in LTC.

Not to be a dick, but asking to purchase coin in 10K blocks before launch sort of deserves to be met by kind of outrageous offers.

[Joerii]

Timer removed. End time: 2013-05-14+6:00:00UTC

Why can't admins just drop the banhammer on this tool? He's a self admitted scammer with 20+ accounts.

For a scammer, he posts very honest timers

[syn999]

just press the ingnore button

i dont see his post at all

[wisscot]

Difficulty 50: 3.08 coin reward for block ID 1
> 3.08 coins per person
Difficulty 100: 5.16 coin reward for block ID 1
> 2 people, 2.58 coins per person
Difficulty 500: 21.83 coin reward for block ID 1
> 10 people, 2.18 coins per person
> Without elasticity: 0.31 coins per person

I have proposed an idea very similar to yours at
https://bitcointalk.org/index.php?topic=197449.msg2054936#msg2054936
but I don't have time to implement it.

So I am very happy to see this difficulty-related-rewards type of coin coming out with your effort and time!

Here's my several concerns, would appreciate it if you could answer them:

1. Most importantly, if the rewards are not proportional to difficulty, its not real fairness. Someone could make a fairer one and attract people mining over there. In my opinion, coin reward for block ID 1 should be equal per person regardless of difficulty. The "halved every nine months" thing is enough to constrain the inflation. Actually the inflation is decreasing every year because the estimated coins generated per year is constant.

2. Could you give the function of coin rewards vs. difficulty?

3. Difficulty Retarget time?

Other: Moore's Law says the "hashrate" will double every 18 months. But no one knows the future and many other devices might be developed to support scrypt-algo. So I think the "halved every nine months" is reasonable.

Thanks and I hope this coin to be successful!

[turtle83]

Code:

<html>
<head>
    <title>Countdown</title>
</head>
<body>
<span id="countdown">xx</span> Remaining...

<script>

var launchtime = Date.UTC(2013, 4, 14, 5,59,27); //4 is intentional. JS sux
var el = document.getElementById("countdown");
//console.log(launchtime);
var toHHMMSS = function (sec_numb) {
    //Stollen from http://stackoverflow.com/a/6313008/135625
    //sec_numb    = parseInt(this, 10); // don't forget the second parm
    var hours   = Math.floor(sec_numb / 3600);
    var minutes = Math.floor((sec_numb - (hours * 3600)) / 60);
    var seconds = sec_numb - (hours * 3600) - (minutes * 60);

    if (hours   < 10) {hours   = "0"+hours;}
    if (minutes < 10) {minutes = "0"+minutes;}
    if (seconds < 10) {seconds = "0"+seconds;}
    var time    = hours+':'+minutes+':'+seconds;
    return time;
}


var updatetimer = function(){
    var d = (new Date()).getTime();
//    console.log(d);
    var delta = launchtime - d;
//    console.log(Math.round(delta / 1000));
    el.innerHTML = toHHMMSS(Math.round((delta) / 1000));
}

updatetimer();
setInterval(updatetimer, 1000);

</script>

</body>
</html>

Alternate countdown.... tested on chrome only.

[Joerii]

Ok I have 6 hours of sleep before this baby launches, and after that I have to go to work so i'm off. Pretty excited about this, fianlly an alt that has something new to offer.

[justabitoftime]

As always, looking to buy chunks of 10k. As it starts rolling in, feel free to send me your offers.

10 BTC?

This would almost be the time to use the 'ROFL' all the kids are raging about.   Let me rephrase, feel free to pm me your serious offers in LTC.

Not to be a dick, but asking to purchase coin in 10K blocks before launch sort of deserves to be met by kind of outrageous offers.

The kids love being 'dick cool', I get it.. I don't lump you in that category (you can now sleep at night, I know).  Few offers already received, look forward to more.

[eskick]

Timer removed. End time: 2013-05-14+6:00:00UTC

Lets quote this post on every page.