BrainShutdown
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Activity: 1052
Merit: 1004
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June 11, 2013, 11:33:12 AM |
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Some innovation -> absurd premine -> fail?  |
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eddyfitz
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June 11, 2013, 11:37:24 AM |
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But then you can fork code of this coin -> start it without premine ->  -> profit |
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BrainShutdown
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Activity: 1052
Merit: 1004
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June 11, 2013, 11:51:11 AM |
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But then you can fork code of this coin -> start it without premine -> -> profit Sure that was my first thought Let me be clear I agree with devs making profit and if this coin succeeds, the 0.3125% of 64 million premine will mean nothing  |
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eddyfitz
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June 11, 2013, 11:52:57 AM |
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Hope devs will reply my PM so I can set up p2pool by launch time
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cryptohunter
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Activity: 2100
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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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June 11, 2013, 12:51:24 PM |
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Premine is fine so long as we can all see where the coins are going into the dev and projects to help the coin. Atleast 50-70% of the premine should be used on such before it's allowed to hit an exchange really, although could be privately traded long before that i guess.
Thing is the coins should immediately put up as bounties for projects like market place, apps, forums etc etc.
Dev should have a bit of a chunk to continue develolpment.
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s7ereotype
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Activity: 101
Merit: 10
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June 11, 2013, 02:02:15 PM |
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At what time you plan to start?
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AlphaC (OP)
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June 11, 2013, 02:52:08 PM
Last edit: June 12, 2013, 04:31:29 AM by AlphaC |
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Hello,
The launch will be in 12 hours from now +10 minutes. 3AM Forum time.
For the development mining, the coin won't have much value if developers don't make it worth anything. I got many developers to join and move this project forward and to do cool things and not just be a copy like many.
I also am in contact with good exchanges, who will not accept new currencies also without a bounty.
Additionally, we will giveaway most of the coins using the ripple format to give everyone a piece starting with a 25k giveaway at launch.
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s7ereotype
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June 11, 2013, 03:07:11 PM |
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Hello,
The launch will be in 12 hours from now +10 minutes. 3AM Forum time.
For the development mining, the coin won't have much value if developers don't make it worth anything. I got many developers to join and move this project forward and to do cool things and not just be a copy like many.
I also am in contact with good exchanges, who will not accept new currencies also without a bounty.
So I have 5 people involved in the project and many projects. 0.3% of the initial hard cap is not much for building services. Do you think the services are less important than having 0.3% more coins for each person? What will increase your coin value more, having 0.3% more coins, or having the other 99.7% worth more?
Thank you. This is really interesting. I wish you luck in your endeavors! |
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AlphaC (OP)
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June 11, 2013, 03:22:43 PM |
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I will be distributing 25 coins to the first 1000 people to post in the initial promotional giveaway thread.
This will help even out early coin distribution and add to the value of Argentum.
That will be the use of the first 25,000 coins.
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BrainShutdown
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Activity: 1052
Merit: 1004
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June 11, 2013, 05:06:50 PM |
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Hello,
The launch will be in 12 hours from now +10 minutes. 3AM Forum time.
For the development mining, the coin won't have much value if developers don't make it worth anything. I got many developers to join and move this project forward and to do cool things and not just be a copy like many.
I also am in contact with good exchanges, who will not accept new currencies also without a bounty.
So I have 5 people involved in the project and many projects. 0.3% of the initial hard cap is not much for building services. Do you think the services are less important than having 0.3% more coins for each person? What will increase your coin value more, having 0.3% more coins, or having the other 99.7% worth more?
Sounds promissing. Good luck with your project  |
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mikey2011
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June 11, 2013, 07:28:08 PM |
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The fourm time can be changed in ones preferences to there own time zone so is it UTC time?
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eddyfitz
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June 11, 2013, 07:31:56 PM |
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yes, forum time == UTC time. you can see it by OP's post earlier.
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cryptohunter
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Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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June 11, 2013, 07:41:22 PM |
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so its released june 12th then 3am not 11th?
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nearmiss
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June 11, 2013, 07:43:35 PM |
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so its released june 12th then 3am not 11th?
no, pretty sure he has his Delorean prepped and ready to roll. |
Profit-Switching Pool w/ Vardiff -> http://hashco.ws Optionally keep the alts we mine or auto-trade for BTC. In addition can be paid out in any of: 365, AC, BC, BTC, C2, CINNI, COMM, FAC, HBN, MINT, PMC, QRK, RDD, WC, XBC |
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AlphaC (OP)
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June 11, 2013, 08:03:16 PM |
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I added the pool setup instructions in first post of mine.. so pools can be up by launch time.
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Balthozar
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June 11, 2013, 08:05:58 PM |
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Hmm. We'll see.
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MaGNeT
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Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
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June 11, 2013, 08:23:41 PM |
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Reserved reversed is devreser.
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cryptohunter
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Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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June 11, 2013, 08:27:22 PM |
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so its released june 12th then 3am not 11th?
no, pretty sure he has his Delorean prepped and ready to roll. Lol, yeah me too, got mine cheap off ebay in 2071 for 1.2540 LTC, couldn't live without it now, although does make these coin releases tricky unless the devs specify correct dimension. |
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AlphaC (OP)
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June 11, 2013, 08:31:46 PM |
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Sorry, it is the 12th in forum time.
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MobGod
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June 11, 2013, 08:31:58 PM |
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I added the pool setup instructions in first post of mine.. so pools can be up by launch time.
need the source for p2pool to work would you want to share that with me and i can get a pool up ? |
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