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Author Topic: [ANN] STRAKS - A POW/Masternode Cryptocurrency focused on e-commerce utility  (Read 97372 times)
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shubaduba
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November 26, 2017, 12:59:04 PM
 #861

What risks do i incur if i do not want to intend the swap from Sigt to straks?
I know that sigt could end anytime, due to lack of exchange.
Can Doc "switch off" the sigt button or he can't do much things about it?
I already assumed my losses with sigt so i think i do not want to enter in straks project that do not seems to me very realistic with swap times of 6 years.
I also prefered that straks was  more scarce, like 40/50millions at most. The only flaw that i saw at signatum project (too much cojns) apart short minded devs that killed a potencial golden eggs chicken just to make short term profit instead concentrating in the project at long term.
If a lot of people swap sigt for staks, sigt will be more scarce.
Like someone said sigt is a community driven coin and if dev left project  like satoshi did with bitcoin can this kill sigt?



Signatum, LUX, STRAKS are  the same developers of the coin, where there is a Scam, and everywhere you can say "...left project as Satoshi did with bitcoin, it can kill Sigma?"

Add POLYtimos coin to this list. Same people. Same behavior. Same price drop after getting at exchange.
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November 26, 2017, 01:01:10 PM
 #862

Dev already earned, with information. on the exchange for 6 years. Knowing this, he speculated with Signatum. It is necessary to file a lawsuit, preferably of the citizens of the USA) Straks just a cover for another fraud

dev doesnt need to mess with signatum, he has a huge straks premine.  no lawyer would take your case

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November 26, 2017, 01:27:41 PM
 #863

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Add POLYtimos coin to this list. Same people. Same behavior. Same price drop after getting at exchange.

Again, you would need solid irrefutable evidence, otherwise you are just throwing accusations in the wind.
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November 26, 2017, 01:36:53 PM
 #864

6 years, it sounds like a joke
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November 26, 2017, 01:37:23 PM
 #865

Quote
Signatum, LUX, STRAKS are  the same developers of the coin, where there is a Scam, and everywhere you can say "...left project as Satoshi did with bitcoin, it can kill Sigma?"

You would need solid irrefutable proof, before making such accusations.
I agree with your opinion. Need more, transparent evidence.
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November 26, 2017, 01:41:55 PM
 #866

I will listen to anybody if they can prove it, otherwise its the same as shouting;

The Moon landings where fake

Russia controls the USA

World leaders are reptilians

And the earth is flat

Without solid evidence, they are hollow accusations.
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November 26, 2017, 01:43:13 PM
 #867

Dev already earned, with information. on the exchange for 6 years. Knowing this, he speculated with Signatum. It is necessary to file a lawsuit, preferably of the citizens of the USA) Straks just a cover for another fraud

Typical American, let's just sue them, lol.

Find them, prove it and see if you can get any lawyer to take that case, good luck.

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shubaduba
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November 26, 2017, 01:54:14 PM
 #868

Quote
Add POLYtimos coin to this list. Same people. Same behavior. Same price drop after getting at exchange.

Again, you would need solid irrefutable evidence, otherwise you are just throwing accusations in the wind.


Well, only STRAKS in this list is doubtful as a scam.
And by circumstances, I posted a reply to this thread seeing other familiar coins in the list.

Honestly, I wish you luck with getting both SIGT/STRAKS to better places in the cryptoworld. Because it would be fair to let people get their money back.
But who will invest that much? Who will get enough trust and confidence among those ruins?
I take my words back for now, and I hope I will not come back here yelling "TOLD YA! I TOLD YOU ALL!!! AARRRR!!"
Time will show. But I personally will not invest in any of this pair. Sorry.
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November 26, 2017, 02:20:36 PM
 #869

Are the SIGT that they sell at coinsmarkets also V1 coins to be traded for STRAK? And can I exchange the coins until or at the 29th?
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November 26, 2017, 02:44:12 PM
 #870

Are the SIGT that they sell at coinsmarkets also V1 coins to be traded for STRAK? And can I exchange the coins until or at the 29th?

i sent some sigt from coinsmarkets to yobit so they are the same coin

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November 26, 2017, 03:52:35 PM
 #871

150.000.000 coin supply. I minning 1080 ti one day and only earn 1.8 straks. My opinion mining is not advantageous at all.  Cry Cry

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November 26, 2017, 05:31:12 PM
 #872

A. NVIDIA-TPruvot ccminer-x64.exe miner does a good job on nvidia. Especially on neoscrypt algorithm.. I use it for straks too (-a lyra2v2).

Q's.
Any premine ?
When will it be on exchange, coinmarketcap and whattomine ?

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November 26, 2017, 06:04:46 PM
 #873

What risks do i incur if i do not want to intend the swap from Sigt to straks?
I know that sigt could end anytime, due to lack of exchange.
Can Doc "switch off" the sigt button or he can't do much things about it?
I already assumed my losses with sigt so i think i do not want to enter in straks project that do not seems to me very realistic with swap times of 6 years.
I also prefered that straks was  more scarce, like 40/50millions at most. The only flaw that i saw at signatum project (too much cojns) apart short minded devs that killed a potencial golden eggs chicken just to make short term profit instead concentrating in the project at long term.
If a lot of people swap sigt for staks, sigt will be more scarce.
Like someone said sigt is a community driven coin and if dev left project  like satoshi did with bitcoin can this kill sigt?



Signatum, LUX, STRAKS are  the same developers of the coin, where there is a Scam, and everywhere you can say "...left project as Satoshi did with bitcoin, it can kill Sigma?"

Someone said that ALTCOM - also the same developers as Signatum, LUX, STRAKS
It's right?
Marco Bignoses
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November 26, 2017, 06:25:27 PM
 #874

Quote from: Chromexnet
So basically you don't have a better suggestion but you think the choices that were made were wrong?
Yes I am just looking at what is known and how I think it should have been done. The problem for now is that no matter what the solution is going forward, I don't really see a way out. If they cancel the swap now SIGT will tank and confidence will be lost in devs, if they reverse premine or restart coin there are also various implications. Very tough call and I wish the developers and users the best. I will also say the current plan of 6 years is way too ambitious, I think the vast majority can't believe that a small altcoin like this would even last a few years (if not months). On top of that, this coin is so entangled with Signatum, which has such a tragic and shady history that it's simply unbelievable from my perspective.

Quote from: Chromexnet
There was a good Lyra2V2 miner for AMD: https://bitcointalk.org/index.php?topic=2360168 It seems be down at the moment, maybe someone can upload the binaries?
That looks interesting, I was not aware of it. But there seem to be various limitations, like it only supports nicehash? Seems to have a fee and violates GPL? Also the binaries are missing as you say, and obviously no source available.

Quote from: Chromexnet
If you remove the burn but allow swap to happen, how do you control which coins have been swapped already? For example, if someone swaps their coins and then sells them on an exchange, how is the buyer supposed to know they have been swapped already? What if someone finds a way to re-swap them? Burning after swap is really the best solution.
That's a good point, but of course the simple solution would be to hold the coin during swap and return after swap is complete. Or the most simple solution would be a 1:1 fork, if you wanted to simply continue SIGT.

Quote from: Chromexnet
If there's no premine, no ICO and no dev fees then how are the devs supposed to be paid? You do realize the devs can't mine anything if there's several hundreds of GH/s being thrown at the coin right from the start, like was the case with Straks?
That's a valid point as well, but I feel confidence of the community would have been much higher if there was no premine or fees. But I already answered this question, if the devs really thought this coin was worth it they could use their own funds to buy it early or invest in early mining. The entire point of any coin is that value is supposed to increase with time, if devs don't see this happening then it seems like another pump and dump situation. Also keep in mind that the reason originally why SIGT gained some popularity is due to the fact that there were no fees, ICO or premine.

Quote from: Chromexnet
The hash rate seems to be very volatile at the moment but on average it's higher today than yesterday.
Well i don't know about that, I was testing mining around this time and it was at least 100Mh/s and now it's 85Mh/s so seems a bit lower.

-----------------------

Now here is a question for you Chromexnet. Do you actually believe that the current plan will work out? What suggestions are you willing to propose? Because as you can tell there are quite a few people voicing their opinion right now and it's not looking good. Do you really believe this coin will succeed with the current plans in motion?

Furthermore I just want to say, I am not a big holder of any coins, and have never invested any major amount into anything. I just love to experiment with mining on my computers. So I was never burned by SIGT, but I found it interesting and certainly some of the early hype was exciting. I was able to mine several hundred SIGT, mostly just to test things out & it was never worth much even at the very height. So my perspective is outside devs, bag holders, speculators/investors, etc. I'm just trying to figure things out and to see what the best solution moving forward, as I was interested in the continuation of SIGT community after everyone was so badly treated. A lot of opinion is clouded by people having certain investments, just wanted to point out this is not the case for me.

Fair enough, I do agree on most points you make. It's a pleasure to have a civilized conversation for a change. It seems to many people in this thread are just trolling hard.

As for your question, I really can't say what will happen. I do have trust on the devs and I think they are doing a good job in a tough situation. As far as I can see they have been honest and it's just bad timing (and bad luck) on certain announcements that have got them into trouble. It's not easy to please both parties; Straks miners and Sigt holders at the same time. But since both parties are now complaining I guess it means the devs have the balance sort of right. Grin

Whether the coin lives or not, I think that really depends on the community. Even if the devs do a great job, if the community drops the support and the coin value tanks then obviously there's no incentive to keep developing further. That's why I'd hope there would be more constructive discussion here on how the coin should be developed in the future. Moaning about the swap details, or accusing devs of pump and dump (which there isn't any proof of) isn't really helping in anything. Btw, I'm not referring to you relayd but some others in this thread.


Dude, r u thinkin about "bad luck" for real? They have many weeks to think about their strategy and we all are waiting for some news. Now, after months inside this community, I must belive in a casual and bad luck error? LOL, "maybe" u r a little bit naive Wink 
Anyway, after all, no one of the devs prove us that they haven't sell their Sigt bags. They just banned who ask for prove that this suspicious timing is not to take an advantage.
That's all. I'm talking about this and I have all to lose spreading fud. But I accept my loss and I want to invite people to use their brain. If I'm wrong I'll happy, but atm everything drive me to this conclusions.
Take care
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November 26, 2017, 06:28:46 PM
 #875

So much time has passed and the coin is nowhere to buy Starks, when do you plan to organize the exchange?
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November 26, 2017, 07:23:21 PM
 #876



Quote
Signatum, LUX, STRAKS are  the same developers of the coin, where there is a Scam, and everywhere you can say "...left project as Satoshi did with bitcoin, it can kill Sigma?"


Quote
Someone said that ALTCOM - also the same developers as Signatum, LUX, STRAKS
It's right?


 Roll Eyes Yeah I heard that, I also heard they developed;

Ethereum
Dash
Ripple
Aerium
Digibyte
Trezarcoin
Golem
Boxy
Magnatum
Vegascoin
Litecoin
Dogecoin
Monero
Zcash
Hush
Komodo
Vertcoin
Zcoin
Zencash
Ubiq and many, many more.....these guys must eat Adderall for breakfast lunch and dinner to run all those projects simultaneous.... Grin Grin Roll Eyes

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November 26, 2017, 08:26:07 PM
 #877

Long time swap process
Only 1,728,000 SIGT will be swapped per month

Are you kidding Devs??

This is one of the most comunist things I have ever seen in my life.
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November 26, 2017, 09:49:12 PM
 #878



Quote
Signatum, LUX, STRAKS are  the same developers of the coin, where there is a Scam, and everywhere you can say "...left project as Satoshi did with bitcoin, it can kill Sigma?"


Quote
Someone said that ALTCOM - also the same developers as Signatum, LUX, STRAKS
It's right?


 Roll Eyes Yeah I heard that, I also heard they developed;

Ethereum
Dash
Ripple
Aerium
Digibyte
Trezarcoin
Golem
Boxy
Magnatum
Vegascoin
Litecoin
Dogecoin
Monero
Zcash
Hush
Komodo
Vertcoin
Zcoin
Zencash
Ubiq and many, many more.....these guys must eat Adderall for breakfast lunch and dinner to run all those projects simultaneous.... Grin Grin Roll Eyes




Look at the messages of this man! Works in SIGNATUM-STRAKS.How do you stand ? Look at his reputation. Ignore!!!
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November 26, 2017, 10:04:59 PM
 #879

Dude, r u thinkin about "bad luck" for real? They have many weeks to think about their strategy and we all are waiting for some news. Now, after months inside this community, I must belive in a casual and bad luck error? LOL, "maybe" u r a little bit naive Wink 
Anyway, after all, no one of the devs prove us that they haven't sell their Sigt bags. They just banned who ask for prove that this suspicious timing is not to take an advantage.
That's all. I'm talking about this and I have all to lose spreading fud. But I accept my loss and I want to invite people to use their brain. If I'm wrong I'll happy, but atm everything drive me to this conclusions.
Take care

Let's look at the Sigt price history. On the day Straks mining started, 23rd of November, Sigt price was around 200 sats. 2 days later it had risen to around 350 sats on average. I would imagine the successful launch of Straks mining combined with the high mining difficulty drove people to make the decision that buying Sigt is a good idea, and the price started to climb. Soon after that devs decided to release the full details of the swap. Now why did they decide to release the info so soon? If the devs wanted to pump Sigt price they could have waited much longer. In fact, previously it was mentioned several times by the devs that full swap details will be released on 29th November. You can check this thread or the Signatum 2.0 thread, both give the same date. So why did the devs release the swap details 4 days earlier than promised? If they wanted to pump Sigt then they could have waited 4 more days, and then sell their bags with much higher profit. Instead they decided to release the info pretty soon after Sigt price started to climb. That speaks against pumping. In fact a logical conclusion is that they wanted to prevent the pump of Sigt so that people would not get burned more than they already had.
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November 26, 2017, 11:09:25 PM
 #880

Dude, r u thinkin about "bad luck" for real? They have many weeks to think about their strategy and we all are waiting for some news. Now, after months inside this community, I must belive in a casual and bad luck error? LOL, "maybe" u r a little bit naive Wink  
Anyway, after all, no one of the devs prove us that they haven't sell their Sigt bags. They just banned who ask for prove that this suspicious timing is not to take an advantage.
That's all. I'm talking about this and I have all to lose spreading fud. But I accept my loss and I want to invite people to use their brain. If I'm wrong I'll happy, but atm everything drive me to this conclusions.
Take care

Let's look at the Sigt price history. On the day Straks mining started, 23rd of November, Sigt price was around 200 sats. 2 days later it had risen to around 350 sats on average. I would imagine the successful launch of Straks mining combined with the high mining difficulty drove people to make the decision that buying Sigt is a good idea, and the price started to climb. Soon after that devs decided to release the full details of the swap. Now why did they decide to release the info so soon? If the devs wanted to pump Sigt price they could have waited much longer. In fact, previously it was mentioned several times by the devs that full swap details will be released on 29th November. You can check this thread or the Signatum 2.0 thread, both give the same date. So why did the devs release the swap details 4 days earlier than promised? If they wanted to pump Sigt then they could have waited 4 more days, and then sell their bags with much higher profit. Instead they decided to release the info pretty soon after Sigt price started to climb. That speaks against pumping. In fact a logical conclusion is that they wanted to prevent the pump of Sigt so that people would not get burned more than they already had.

they made no mention of this gradual swap. Everyone thought it would be instant. It is unquestionable that they deceived the community, whether for the greater good or not is not important. The fact that they hid critical info while promising transparency IS important.

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