AndreiBucaciuc (OP)
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August 17, 2017, 06:34:18 PM
Last edit: February 05, 2023, 09:41:19 AM by AndreiBucaciuc |
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AndreiBucaciuc (OP)
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Activity: 140
Merit: 10
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August 17, 2017, 07:03:55 PM |
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Glad to hear  |
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Machina_US
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August 17, 2017, 07:06:03 PM |
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Glad to hear i'm interested too and i see there is a bounty for translation, and can i take an indonesian translation for this ICO ? |
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mcfom
Legendary
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Activity: 1260
Merit: 1001
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August 17, 2017, 07:13:52 PM |
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What is hard cap of this ICO as countdown showing 200 million coins are linked there. You create smart contract on Ethreum blockchain so many things are missing into OP. Please complete the OP first that is really confusing.
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mrhans
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August 17, 2017, 07:16:36 PM |
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The whitepaper looks good, but you should really stop stating something like "designed to be 300% profitable". It's not, it can, most likely it won't. It's more professional to not claim something like that
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AndreiBucaciuc (OP)
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Activity: 140
Merit: 10
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August 17, 2017, 07:26:55 PM |
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I mean, I totally get your point and it definitely sounds like a cliché, but the profitability and the revenue algorithm in theory should reward from 100% to 300% more revenue than normal mining, all things considered. It's not just a random number thrown. But yeah, I might reformulate it.
Thanks.
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draculacoin
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August 17, 2017, 07:27:58 PM |
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How many coins?
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AndreiBucaciuc (OP)
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Activity: 140
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August 17, 2017, 07:33:40 PM |
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How many coins?
200 mill coins for the ICO. |
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AndreiBucaciuc (OP)
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Activity: 140
Merit: 10
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August 17, 2017, 08:16:52 PM |
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Glad to hear i'm interested too and i see there is a bounty for translation, and can i take an indonesian translation for this ICO ? yes, you can take it |
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TheKryptonian
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August 17, 2017, 09:47:21 PM |
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Some questions:
Am I correct in noting that miners are being paid in CryptoSoft Coins for mining? If so, what is happening with the coins actually being mined (like ETH right now)? Is the ETH being mined sold for USD? Who is keeping that USD? You?
So If miners are being paid in CryptoSoft Coin constantly, that means they will be constantly dumping the CryptoSoft Coin on an exchange. What is going to drive pressure on the buy side of the CryptoSoft Coin? It seems the value of the coin will only increase if stake miners are guessing correctly what currencies will appreciate in value. But if I'm an investor, and I have a good guess as to what currency will increase, why wouldn't I just invest in that currency directly? Why would I choose instead to buy CryptoSoft Coin and vote for that coin?
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AndreiBucaciuc (OP)
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Activity: 140
Merit: 10
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August 17, 2017, 09:54:04 PM |
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Some questions:
Am I correct in noting that miners are being paid in CryptoSoft Coins for mining? If so, what is happening with the coins actually being mined (like ETH right now)? Is the ETH being mined sold for USD? Who is keeping that USD? You?
So If miners are being paid in CryptoSoft Coin constantly, that means they will be constantly dumping the CryptoSoft Coin on an exchange. What is going to drive pressure on the buy side of the CryptoSoft Coin? It seems the value of the coin will only increase if stake miners are guessing correctly what currencies will appreciate in value. But if I'm an investor, and I have a good guess as to what currency will increase, why wouldn't I just invest in that currency directly? Why would I choose instead to buy CryptoSoft Coin and vote for that coin?
Great questions, there will be a limited amount of CryptoCoins - that means we will have to use the ETH (for example) to rebuy some of our coins from the market. There will mainly be 3 people buying the coin - the ones that are looking to hold and hope to make money from the coin raising, the stake miners and us. You, as an investor would rather chose to stake mine because you will be making a higher ROI by staking than buying the actual coin. Similar to buying and selling stocks in a way. I don't think the value of the coin is directly affected by the fact that stake miners guess right or wrong. The ones that are directly affected are miners. |
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TheKryptonian
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August 17, 2017, 10:02:07 PM |
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Some questions:
Am I correct in noting that miners are being paid in CryptoSoft Coins for mining? If so, what is happening with the coins actually being mined (like ETH right now)? Is the ETH being mined sold for USD? Who is keeping that USD? You?
So If miners are being paid in CryptoSoft Coin constantly, that means they will be constantly dumping the CryptoSoft Coin on an exchange. What is going to drive pressure on the buy side of the CryptoSoft Coin? It seems the value of the coin will only increase if stake miners are guessing correctly what currencies will appreciate in value. But if I'm an investor, and I have a good guess as to what currency will increase, why wouldn't I just invest in that currency directly? Why would I choose instead to buy CryptoSoft Coin and vote for that coin?
Great questions, there will be a limited amount of CryptoCoins - that means we will have to use the ETH (for example) to rebuy some of our coins from the market. There will mainly be 3 people buying the coin - the ones that are looking to hold and hope to make money from the coin raising, the stake miners and us. You, as an investor would rather chose to stake mine because you will be making a higher ROI by staking than buying the actual coin. Similar to buying and selling stocks in a way. I don't think the value of the coin is directly affected by the fact that stake miners guess right or wrong. The ones that are directly affected are miners. Thank you for responding. I don't think your whitepaper actually says you will use the underlying mined coins to repurchase CryptoCoins. And in fact, unless you commit to using 100% of the mined earnings to buy CryptoCoins, it sounds like you will be keeping a bonus on top of the mining fee, so I think the % you are committing to allocate to purchasing should be made clear so that people know how much you are keeping. Sorry if the whitepaper does explain this and I just missed it. |
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AndreiBucaciuc (OP)
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Activity: 140
Merit: 10
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August 17, 2017, 10:07:55 PM |
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Thank you for responding. I don't think your whitepaper actually says you will use the underlying mined coins to repurchase CryptoCoins. And in fact, unless you commit to using 100% of the mined earnings to buy CryptoCoins, it sounds like you will be keeping a bonus on top of the mining fee, so I think the % you are committing to allocate to purchasing should be made clear so that people know how much you are keeping.
Sorry if the whitepaper does explain this and I just missed it.
Yeah, you're right I think I ought to mention the rebuying part and I will make sure to add it in the next 24 hours. As for the % I am not sure I'm able to give one because it will be really up to the miners, coin market's price and a whole lot of other variables to consider. But the goal is always to have enough coins available to pay the miners for their effort and the stake miners for their winnings. But indeed, a given percentage makes things more transparent and I will think of a solution and update the Whitepaper. Thanks. |
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sssergy
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August 18, 2017, 05:59:45 AM |
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Your application does not work. Windows 7 x64
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alonseider007
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August 18, 2017, 06:19:31 AM |
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Interesting project, I sign, the mining industry in his page is OK, a greeting  |
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pinball_wizard
Full Member
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Activity: 702
Merit: 102
I am the Kung Fury...
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August 18, 2017, 06:41:53 AM |
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Idea sounds good...lookin sure to the platform, I will be mining first days of september...
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alonseider007
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August 18, 2017, 07:28:14 AM |
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That purse uses this currency? I am a new little like that deal on this world, it looks like to me a good project and because of it me and position to mining with you, I wait mas you notify thank you
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alonseider007
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August 18, 2017, 07:48:56 AM |
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Where the eth go and etc that I mine and for that it marks the value of the currency, I take 56 coins that serian approximately 2.8 dollars and when and where pus to change these coins thank you
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AndreiBucaciuc (OP)
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Activity: 140
Merit: 10
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August 18, 2017, 10:07:40 AM |
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Your application does not work. Windows 7 x64
Mind getting on discord and explain what's not working exactly? Thanks. |
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AndreiBucaciuc (OP)
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Activity: 140
Merit: 10
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August 18, 2017, 12:26:28 PM
Last edit: August 31, 2017, 07:36:21 PM by AndreiBucaciuc |
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Where the eth go and etc that I mine and for that it marks the value of the currency, I take 56 coins that serian approximately 2.8 dollars and when and where pus to change these coins thank you
The coin will be created at the beginning of the ICO and all the funds will be transferred to your wallets. After the ICO's we will work to get the coin accepted on most markets so you will be able to sell them or trade for other coins. |
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