Pablito89
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December 21, 2013, 11:45:39 AM |
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260 000 000 premined coins when i'm getting 200 coins/hour on the second day? I'm out =/
Wait. What? These were premined? premined 2% (main post) 13.5 billion total coins = 270 000 000 premined coins. amazing Not really. Pre-mining isn't always a bad thing. The chances that the coin takes on a life and does anything is pretty slim. Pre-mining allows the dev team to have bounties, giveaways, fund faucets, and all that kind of stuff. Without that, what would the devs do? Giving away coins is a great way to get people involved. Just look at Dogecoins. People were giving it away like there was no tomorrow and it has caught on. If you're a developer, and not a gamer, chances are you don't have massive mining rigs. You don't need 8 GPUs on a software development machine. The entire anti-pre-mining thing is a bit overdone sometimes. Now, 2% might be a bit high... Not sure what an appropriate level is... I guess that it depends on the projected lifespan of mining until only transaction fees remain. There is a fine balance to achieve there, and I think we're still seeing a lot of experimentation going on. Now, for a lot of coins... well, I just don't see much value other than for gambling on. Meh... Whatever. If you're buying USD, you're gambling. If you're buying Euro, you're gambling. Foreign exchange is just pure gambling. So what's the difference? Crypto is more volatile, etc. etc. etc. 270 MILLIONS of coins is TOO HIGH premining. quitted after i knew this
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Amph
Legendary
Offline
Activity: 3248
Merit: 1070
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December 21, 2013, 11:45:44 AM |
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autistic coin
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theking
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December 21, 2013, 11:46:28 AM |
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Won't build in linux mint
g++: error: E:MinGWliblibws2_32.a: No such file or directory g++: error: E:MinGWlibliboleaut32.a: No such file or directory make: *** [earthcoin-qt] Error 1
Installed every mingw package I could see in synaptic - doesn't work.
There might b an easier way to fix this but Ive noticed this on many alt coins wallet when building in linux, I basically use the feathercoin source file feathercoin-qt.pro, then i empty out the new altcoin-qt.pro file, paste in the contents of the feathercoin one and replace the word feather with the new altcoin, then qmake && make and it usually works - its just got references to building on windows on most of the sources That doesn't make it just work like feathercoin instead ? Naa im pretty sure the code is the same for both the files, i had a quick look at some other -qt.pro files from other coins and the main differences r with libraries for windows being within that file or not but for linux its not needed which is why I thought fixing it by removing that line would b an easier approach that I read was posted before, but its basically just a file linking all the libraries and project files together and naming the ending binary, ive currently got my wallet running by switching over the file tho
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porcupine87
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December 21, 2013, 11:47:28 AM |
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Want to buy some. Please PM me
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"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
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earthcoin (OP)
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December 21, 2013, 11:47:32 AM |
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Wait until we start our giveaways and bounty's.
We wanted to be transparent and put the 2% openly in the OP, you guys didn't copy the important part though (to be used for giveaways, bounty's, ongoing support/dev, dist., etc.). It would be silly to simply dump first chance you got or anyone got, we'd be back to square one starting over fast. We want to create enough to distribute and then have mining still be at a rate where these have some rarity to them and not have a super short lifecycle or blanket the market with them or start with zero/no incentive for anyone.
There has to be a balance and we figured 2% would be good and healthy for all + enough to give away to make people want to hold for longevity.
Feedback appreciated as always. We expected to see this brought up and are open to suggestions.
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RenegadeMind
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December 21, 2013, 11:47:53 AM |
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Nice scam 270 Million premined -> wait till the crap hit an exchange -> dump and scam all noobs Very possible. But why? You can earn a lot more by playing a longer game. Dunno... I guess that I just have more faith in people sometimes. Perhaps I'm optimistic. As a developer and crypto enthusiast, I know what I'd do, but I'm not everyone, so... who knows?
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limbaugh
Legendary
Offline
Activity: 1311
Merit: 1000
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December 21, 2013, 11:48:55 AM |
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This one is dead. It will never live down the massive premine and this community never forgets. This ain't it folks.
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Mikellev
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December 21, 2013, 11:51:08 AM |
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We belive in your idea! Thank you for this coin. PM Send. Wait until we start our giveaways and bounty's.
We wanted to be transparent and put the 2% openly in the OP, you guys didn't copy the important part though (to be used for giveaways, bounty's, ongoing support/dev, dist., etc.). It would be silly to simply dump first chance you got or anyone got, we'd be back to square one starting over fast. We want to create enough to distribute and then have mining still be at a rate where these have some rarity to them and not have a super short lifecycle or blanket the market with them or start with zero/no incentive for anyone.
There has to be a balance and we figured 2% would be good and healthy for all + enough to give away to make people want to hold for longevity.
Feedback appreciated as always. We expected to see this brought up and are open to suggestions.
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lx001
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December 21, 2013, 11:52:35 AM |
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I would like to buy some coins. I could pay in dogecoin or worldcoin. Paypal also, but for a small $5-10 amount. Please message me your price
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dewdeded
Legendary
Offline
Activity: 1232
Merit: 1011
Monero Evangelist
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December 21, 2013, 11:53:13 AM |
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lol the founder is a pump and dump artist and proud of it, how anyone can be ok with 270 mios premined then?
1000000% he will dump when it hit exchange
i guess he is already premining the next coin
fuck off, i stop mining
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RenegadeMind
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December 21, 2013, 11:53:59 AM |
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Wait until we start our giveaways and bounty's.
We wanted to be transparent and put the 2% openly in the OP, you guys didn't copy the important part though (to be used for giveaways, bounty's, ongoing support/dev, dist., etc.). It would be silly to simply dump first chance you got or anyone got, we'd be back to square one starting over fast. We want to create enough to distribute and then have mining still be at a rate where these have some rarity to them and not have a super short lifecycle or blanket the market with them or start with zero/no incentive for anyone.
There has to be a balance and we figured 2% would be good and healthy for all + enough to give away to make people want to hold for longevity.
Feedback appreciated as always. We expected to see this brought up and are open to suggestions.
One of the problems with pre-mining is a lack of transparency. I think you can really do very well with the community if you show a good level of transparency. That takes extra effort, but isn't really all that hard. You've got the Export function to get all that info fast, and you can then show it in the blockchain. I know that you can't really have 110% solid plans, but those that are a bit more mature and that understand the topic a bit better will likely understand. You're going to get flak no matter what you do, but if you are really genuine, a bit of transparency will only help.
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Taxidermista
Legendary
Offline
Activity: 1148
Merit: 1001
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December 21, 2013, 11:54:12 AM |
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Wait until we start our giveaways and bounty's.
We wanted to be transparent and put the 2% openly in the OP, you guys didn't copy the important part though (to be used for giveaways, bounty's, ongoing support/dev, dist., etc.). It would be silly to simply dump first chance you got or anyone got, we'd be back to square one starting over fast. We want to create enough to distribute and then have mining still be at a rate where these have some rarity to them and not have a super short lifecycle or blanket the market with them or start with zero/no incentive for anyone.
There has to be a balance and we figured 2% would be good and healthy for all + enough to give away to make people want to hold for longevity.
Feedback appreciated as always. We expected to see this brought up and are open to suggestions.
Could you please modify the fucking "difference" line??? Are you drowning already with only 35 pages?
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Mikellev
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December 21, 2013, 11:55:30 AM |
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Could you all talk a bit nicer ? If you dont like premined coins or have any other problem with this coin, then just go and do something else. dang.... Could you please modify the fucking "difference" line???
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porcupine87
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December 21, 2013, 11:57:11 AM |
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35 pages in less than 12 hours, mostly negative posts? What is going on?
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"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
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RenegadeMind
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December 21, 2013, 11:57:18 AM |
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Could you all talk a bit nicer ?
If you dont like premined coins or have any other problem with this coin, then just go and do something else.
dang....
^^ This.
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limbaugh
Legendary
Offline
Activity: 1311
Merit: 1000
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December 21, 2013, 11:57:45 AM |
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If you want to mine this turd, wait until the difficulty drops to .5. Difficulty is too high for such a disaster of a coin.
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johndec2
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December 21, 2013, 11:58:02 AM |
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2% sounds like a tiny number BUT... When and if an exchange picks up this coin it will probably represent 80% of the coins in circulation. Why should we trust you guys to behave responsibly? Got an answer to that? Wait until we start our giveaways and bounty's.
We wanted to be transparent and put the 2% openly in the OP, you guys didn't copy the important part though (to be used for giveaways, bounty's, ongoing support/dev, dist., etc.). It would be silly to simply dump first chance you got or anyone got, we'd be back to square one starting over fast. We want to create enough to distribute and then have mining still be at a rate where these have some rarity to them and not have a super short lifecycle or blanket the market with them or start with zero/no incentive for anyone.
There has to be a balance and we figured 2% would be good and healthy for all + enough to give away to make people want to hold for longevity.
Feedback appreciated as always. We expected to see this brought up and are open to suggestions.
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RenegadeMind
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December 21, 2013, 11:59:35 AM |
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35 pages in less than 12 hours, mostly negative posts? What is going on?
They had a god awful fucking shit start. It was a goddamn fucking train wreck. I think they're trying to salvage it. So far on the technical side, it seems to be going ok now... As always, jury is out on what the future brings... My crystal ball is cloudy at best, and usually out of order.
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iCoin2013
Newbie
Offline
Activity: 6
Merit: 0
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December 21, 2013, 11:59:59 AM |
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PM me with your best offer and I will buy lots of.
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