okimzti
Member
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Activity: 101
Merit: 10
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January 16, 2014, 06:01:27 PM |
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junk is junk...pass
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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userpacman
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January 16, 2014, 06:05:45 PM |
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I usually like new coins but premining ruins the fun. I'll pass.
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miramare
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January 16, 2014, 06:19:35 PM |
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Their maths dont add up.
0.1 bars per block.
1 block per minute.
1440 blocks per day.
525600 blocks per year
52560 bars per year.
3.5 premine = 3360000 bars.
it will take 63.92 years before the public has accumulated as many bars as the premine. Giving away 0.5% to 1.0% of the premine will not bring this into an acceptable range either imho.
Yes, all miners mining this shitcoin will just work for them.
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Damon2
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January 16, 2014, 06:24:39 PM |
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Their maths dont add up.
0.1 bars per block.
1 block per minute.
1440 blocks per day.
525600 blocks per year
52560 bars per year.
3.5 premine = 3360000 bars.
it will take 63.92 years before the public has accumulated as many bars as the premine. Giving away 0.5% to 1.0% of the premine will not bring this into an acceptable range either imho.
yeah! i thought the exact same thing! they already have 3 millions, when the other will get 0.1 per minutes (if you are lucky to find the block) otherwise mining in pools you will get something like 0.00234randomnumbers532 per round! What they were thinking! They really think we are all dumb??
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BTC 1LFdfqC3Bn8YoBEPAMCDMshBWdfKr23pX3 FCK FeUXiFMYXdwRjZoxcxBbPwCT1VD3noxT5c GLC 7LAVD2v4ark6snTr2x6px5n75ErTjSdmtK ALF aEdDtWupAJA2ix2UXtTNcS7fWCRMoGm51T
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zxm7001
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January 17, 2014, 02:32:01 PM |
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clackersmaracas: 3.5% can you stop so fucking coin ann?Huh
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lasciv
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January 17, 2014, 02:35:56 PM |
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I'm not even gonna buy popcorns for this one!
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clackersmaracas (OP)
Newbie
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Activity: 46
Merit: 0
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January 17, 2014, 04:33:56 PM |
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So many trolls with little belief in making a stable alt economy. If anyone has even bothered to read properly; 1) all calcs are estimates at the time of information delivery 2) 2% of all premine is not reserved for any personal or team gain but purely as reserves for the purchase of ore to support the coins long term value 3) launching 3 coins at once gives variety and also prevents the same people from benefitting from pumping a coin There just seems to be a number of people with high hashing power trolling for coins to pump and leave low hashing people with nothing, thats plainly obvious, premine doesnt devalue coins. In fact it might be an idea just to launch MacOs wallets to start off with to give them guys first look for a change? If you are looking for quick profit, pump and dump, non premine coins then go and get yourselves some ImSelfishAndDontCareAboutAnyoneElseCoin (SELFISH) Otherwise be fair, encourage new people to have a look, and have some faith in something a little different. Too many ScamUsers nevermind ScamCoins - Bitcoin and Altcoin are peer to peer, person to person, opensource, sharing wealth, not mining the crap out of everything for individual gain! We're delighted with positive comments and support from various sources and will continue hopefully with successful launches. Cheers for now, more news tomorrow we hope
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MisO69
Legendary
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Activity: 1946
Merit: 1005
My mule don't like people laughing
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January 17, 2014, 04:52:38 PM |
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So many trolls with little belief in making a stable alt economy. If anyone has even bothered to read properly; 1) all calcs are estimates at the time of information delivery 2) 2% of all premine is not reserved for any personal or team gain but purely as reserves for the purchase of ore to support the coins long term value 3) launching 3 coins at once gives variety and also prevents the same people from benefitting from pumping a coin There just seems to be a number of people with high hashing power trolling for coins to pump and leave low hashing people with nothing, thats plainly obvious, premine doesnt devalue coins. In fact it might be an idea just to launch MacOs wallets to start off with to give them guys first look for a change? If you are looking for quick profit, pump and dump, non premine coins then go and get yourselves some ImSelfishAndDontCareAboutAnyoneElseCoin (SELFISH) Otherwise be fair, encourage new people to have a look, and have some faith in something a little different. Too many ScamUsers nevermind ScamCoins - Bitcoin and Altcoin are peer to peer, person to person, opensource, sharing wealth, not mining the crap out of everything for individual gain! We're delighted with positive comments and support from various sources and will continue hopefully with successful launches. Cheers for now, more news tomorrow we hope Selfish is pre-mining 3 new coins then releasing them 3 hours apart. One of them is sure to do well, right? Then you can keep those millions all for yourself. Hell, you could even buy precious metals with them.
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w0lf0.
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January 17, 2014, 05:00:12 PM |
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99,999% premined coin
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clackersmaracas (OP)
Newbie
Offline
Activity: 46
Merit: 0
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January 17, 2014, 05:40:06 PM |
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Lol you are kidding?! BitBar was 50% premined so I am told and we're getting badgered for 3.5% premine estimate?! OMG! Such Trolls. Many Crooks lol Anyways block reward is low, and thats the point as we want value as long term investment, with the following rewards; Gold - 1 Bar Per Block Silver - 8 Bars Per Block Platinum - 0.125 Bars Per Block Excited to be providing coins with real long term value (that are actually mined and not all prepaid like NXT and Mastercoin MSC) to fellow miners. Websites with updated info, wallets and much more information in depth will be available shortly along with main updates to these threads tomorrow Happy Mining
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1369
Legendary
Offline
Activity: 1623
Merit: 1067
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January 18, 2014, 12:05:31 AM |
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Lol you are kidding?! BitBar was 50% premined so I am told and we're getting badgered for 3.5% premine estimate?! OMG! Such Trolls. Many Crooks lol Anyways block reward is low, and thats the point as we want value as long term investment, with the following rewards; Gold - 1 Bar Per Block Silver - 8 Bars Per Block Platinum - 0.125 Bars Per Block Excited to be providing coins with real long term value (that are actually mined and not all prepaid like NXT and Mastercoin MSC) to fellow miners. Websites with updated info, wallets and much more information in depth will be available shortly along with main updates to these threads tomorrow Happy Mining Ive never solo mined, will you coordinate with pool operators for the launch such as minersbest.com ? Or can you post detailed noob friendly solo mining instructions? I'm excited to be a part of this coin!
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lovecryptos
Newbie
Offline
Activity: 56
Merit: 0
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January 18, 2014, 12:09:17 AM |
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Lol you are kidding?! BitBar was 50% premined so I am told and we're getting badgered for 3.5% premine estimate?! OMG! Such Trolls. Many Crooks lol Anyways block reward is low, and thats the point as we want value as long term investment, with the following rewards; Gold - 1 Bar Per Block Silver - 8 Bars Per Block Platinum - 0.125 Bars Per Block Excited to be providing coins with real long term value (that are actually mined and not all prepaid like NXT and Mastercoin MSC) to fellow miners. Websites with updated info, wallets and much more information in depth will be available shortly along with main updates to these threads tomorrow Happy Mining Ive never solo mined, will you coordinate with pool operators for the launch such as minersbest.com ? Or can you post detailed noob friendly solo mining instructions? I'm excited to be a part of this coin! Just don't waste electricity costs on this pre-mined shitscamcoin. Better donate some money to sick childs then, instead of making this dev rich!
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1369
Legendary
Offline
Activity: 1623
Merit: 1067
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January 18, 2014, 12:19:34 AM |
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Lol you are kidding?! BitBar was 50% premined so I am told and we're getting badgered for 3.5% premine estimate?! OMG! Such Trolls. Many Crooks lol Anyways block reward is low, and thats the point as we want value as long term investment, with the following rewards; Gold - 1 Bar Per Block Silver - 8 Bars Per Block Platinum - 0.125 Bars Per Block Excited to be providing coins with real long term value (that are actually mined and not all prepaid like NXT and Mastercoin MSC) to fellow miners. Websites with updated info, wallets and much more information in depth will be available shortly along with main updates to these threads tomorrow Happy Mining Ive never solo mined, will you coordinate with pool operators for the launch such as minersbest.com ? Or can you post detailed noob friendly solo mining instructions? I'm excited to be a part of this coin! Just don't waste electricity costs on this pre-mined shitscamcoin. Better donate some money to sick childs then, instead of making this dev rich! Im new to this so pls excuse the q's. Arent most coins premined? Shouldn't the devs reap the biggest reward for creating it? I figure since theyre upfront at least about the premine that's a good sign (so far) compared to what I've read about change as you launch shenanigans?
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xbudahx
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January 18, 2014, 12:25:15 AM |
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50 years of mining and 3.5% premine...lolol
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bumblebee101
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January 18, 2014, 04:36:31 PM |
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50 years of mining and 3.5% premine...lolol
agreed. No thanks!
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tokyoghetto
Legendary
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Activity: 1232
Merit: 1000
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January 18, 2014, 04:37:47 PM |
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this junk might survive....ORB did.
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Zombie123
Legendary
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Activity: 868
Merit: 1000
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January 18, 2014, 04:39:33 PM |
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Though I mine lot of new coins I mean almost anything but this coin is ridiculous
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makafeli
Member
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Activity: 60
Merit: 10
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January 18, 2014, 05:32:14 PM |
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well the OP is atleast smart... just lauch 4 coins 1 must survive though...
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Nullu
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January 18, 2014, 05:33:17 PM |
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Why? Anyone who actually wants a serious gold-based altcoin should take a look at KlondikeCoin. This is just speculation and hype.
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BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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makafeli
Member
Offline
Activity: 60
Merit: 10
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January 18, 2014, 05:36:57 PM |
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BTW only Linux wallet will be available at the start?
Linux wallet (ready) Mac wallet (compile failed) - MacOs Compiler Req - Bounty Paid Please Contact Asap Windows wallet (compile failed) - MacOs Compiler Req - Bounty Paid Please Contact Asap
Atleast put some effort in it to launch it with diff. os wallets...
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