[GLC] Globalcoin | 4 Year Anniversary 1.5.4! | NO IPO, NO PREMINE | [SCRYPT]

[eule]

I have 2k coin ffs

So muddafudda must have been the person mining? I suspected so (wouldn't be the first time a dev screws over his customer, cough Hazard cough), but since you kept quiet about it I had to assume it was you premining.
My point is, people like transparency. Be open about what happened and all will be good. Srsly.

[SistaFista]

Feel free to open a moderated thread.  
I know I said I'll be quiet, but you continue to be dishonest, so I feel the urge to point this out.
Let's say public mining began 20:20GMT, 10 minutes early, but OK. Until then 1048 blocks were mined, which amount to 104,800GLC. 25k GLC went to bounties (but only after we pointed out the premine). 1k to TheSwede75. That still leaves us with 78,000GLC missing. You and muddafudda refuse to tell us where these coins are, although it is obvious they must be in your wallets.
That leaves you with two options: Either spend all/most of the coins on the bounties or keep them and watch the coin die.

Still giving away 100 free GLC, that's more than you have done for this coin SistaFista. I hope you learnt some lessons from this debacle, but I have my doubts.

I only had the DL links for the coin @ ~8pm GMT ie 30 mins before launch. I then wrote up the whole ANN thread, then tested and then released. Im being honest I have 2k in my wallet and 600 earnt from mining last night. And im not the main dev i just announced it and support/dev the project. Less of the bashing im not a "scammer" this is not a scam coin and imo is one of the more succesful launches. Sorry if you dont feel that way

[eule]

I only had the DL links for the coin @ ~8pm GMT ie 30 mins before launch. I then wrote up the whole ANN thread, then tested and then released. Im being honest I have 2k in my wallet and 600 earnt from mining last night. And im not the main dev i just announced it and support/dev the project. Less of the bashing im not a "scammer" this is not a scam coin and imo is one of the more succesful launches. Sorry if you dont feel that way

Don't you feel betrayed that muddafudda was mining since 18:16 GMT, leading the 0% premine premise ad absurdum? I know i would be pissed (as you can tell by my responses in this thread).
Wasn't calling you or this coin a scam, just demanded answers to important questions, important especially for a young coin. Being open about what happened would have been much better.
Also sorry if you feel my accusations made this coin less of a success it could have been, but that anger should go to the preminer, not the person pointing out the premining. Yes, there were coins with much larger premining, but the successful ones were totally open about it and used the coins to bring the project forward. So i applaud your initiative to spend some of the premined coins on bounties (i guess you spoke to muddafudda and he agreed to spend some of the coins he holds for bounties).
I'd like to hear muddafudda opinion about all this, but i fear he'll disappear.

[SistaFista]

I have tried to be as honest/open as I possibly can and as I said I have put any coins I "premined" into bounties. I really dont think there is anything more i can do to resolve this issue. Im even giving away my mined coins away in givaway.

[bobbit]

Still giving away 100 free GLC, that's more than you have done for this coin SistaFista. I hope you learnt some lessons from this debacle, but I have my doubts.

74TaAjXzvRK6kL9vfH5bAxUiKxmC2YMaXo  for the eule 100

thanks for trying to keep the coin alive

[eule]

Sent, thanks for understanding my intentions.

I have tried to be as honest/open as I possibly can and as I said I have put any coins I "premined" into bounties. I really dont think there is anything more i can do to resolve this issue. Im even giving away my mined coins away in givaway.

No need to give away your own mined coins, imo muddafudda must come out of the shadow and make clear how many he premined and what he's gonna do with it. Again, i applaud your initiative.

[shakezula]

Wahoo! Another foocoin clone! You even left the "7" bit at the beginning of the addy like GeoCoin How sweet it is. I love that in some small way I helped you out! Send me a tip if you're striking it rich.

~edit, you left my copyright intact too, how lovely! Cheers, hope GlobalCoin makes it to Cryptsy, its worth as much as all the others for sure.

[muddafudda]

Sent, thanks for understanding my intentions.

I have tried to be as honest/open as I possibly can and as I said I have put any coins I "premined" into bounties. I really dont think there is anything more i can do to resolve this issue. Im even giving away my mined coins away in givaway.

No need to give away your own mined coins, imo muddafudda must come out of the shadow and make clear how many he premined and what he's gonna do with it. Again, i applaud your initiative.

Initial miscommunications caused an early launch. I may have accidentally placed in somewhere people had access. We both though it was each other sabotaging.

I have about 20K through this, testing and launch.

You should have taken time to look at the source,  I have in fact coded out a premine. Changing the 2 would give me any pre-mine I imagined. This was not to be part of the coin.

Code:

int64 nSubsidy = 100 * COIN;
    
    if(nHeight == 2)  
    {
        nSubsidy = 100 * COIN;
    }
    else if(nHeight < 5000)  
    {
        nSubsidy = 100 * COIN;
    }

If you had followed me on https://github.com/muddafudda you also could have downloaded and started mining when I uploaded it. Once again I thought the launch was going live so it was left initially open and sent the qt-s.


I am offering to buy the 100K GLC for developmental, bounty and investment purposes. I think it was about .1% that went to dev and bounties with the dev trying to invest another 100K. So the dev gets 40 of the 500 coin blocks for my work. Send me more here- 74ovw8Q88EgjkA3TkJGazooUgpnchn8kg9.

Hope that clears it up.

[eule]

Thanks, it seems so indeed. Looking at the source would only have shown me that there are no special first blocks the devs mined. The pre-/instamine looked suspicious to me, and it seems you thought so aswell. You trying to buy the early coins seems like a good way of dealing with this.

Hope this didn't kill the coin, I've seen worse coins have more success. Also i hope you understand my maybe too strong reaction. Cheers and good luck.

[SistaFista]

Thanks, it seems so indeed. Looking at the source would only have shown me that there are no special first blocks the devs mined. The pre-/instamine looked suspicious to me, and it seems you thought so aswell. You trying to buy the early coins seems like a good way of dealing with this.

Hope this didn't kill the coin, I've seen worse coins have more success. Also i hope you understand my maybe too strong reaction. Cheers and good luck.

It all good, atleast you have made things more clear for others, so in a way thanks

[aa]

How many of this guy's coins are you going to mine? Luckycoin, Memecoin, now this shit.

https://github.com/muddafudda

[tadakaluri]

No luck with solo mining..................

Any Donations Please: 741SwkzPfub4pC62ME1E4d7pALmUT8UNRo

[SullyTex]

I, for one, am jazzed to be in on the ground floor of a coin!!!  High interest, low capital, & low end gpu (see my stats in the pool).  What better way to bring more folks into alt currency?

[Charles999]

This coin is soo fair that I'm mining it.

[96redformula]

This coin is soo fair that I'm mining it.

Put your horsepower to work and get us to 4200 faster

[SistaFista]

Not long till block 5000 guys n girls, great work so far. 500 block rewards here we come

[96redformula]

Not long till block 5000 guys n girls, great work so far. 500 block rewards here we come

Hah, 5000 block is far far away.  However probably a difficulty drop at 4200 followed by a huge huge increase at 4800 going into 5000.

[Fernandez]

Any donations around? Thanks
7C8hn4J2ryTBugCZmWNQMdUSkM8x3Z3iD8

[muddafudda]

How many of this guy's coins are you going to mine? Luckycoin, Memecoin, now this shit.

https://github.com/muddafudda

Lucky coin isn't mine. Call it as you will, memecoin was far more popular than expected. Have a nice day. Block 5000 is fast approaching.

[SistaFista]

Difficulty dropped