[ANN] BITCREDITS - CREDITS - NEW COIN LAUNCH 19th January 2014

[Zukii]

So one centillion = 1 * 10^303.

Block reward is 1 * 10^4 per minute.
You realise how many minutes that will need to mine the entire amount? Have you thought this through at all?

Hint: You'll need.... 1 * 10^299 minutes or ~ 6 * 10^300 seconds.
The age of the universe is 4.354 * 10^17 seconds.

[1714993145]

1714993145

[1714993145]

1714993145

[1714993145]

1714993145

[1714993145]

1714993145

[1714993145]

1714993145

[Foex]

Selling 1000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000

for 0.0000000000000000001 BTC

[xinyichao]

How many coins do you want to launch at the same time?

Gold Bars, Silver Bars and Platinum and now this?

Just pumps and dumps for sure. Pure madness.

shitman with shitcoin

[incorrect]

I like the idea behind credits, but the huge premine and coin amount seems a little insane.

[Gingermod]

Due to the enticing nature and hype around Credits, several individuals have attempted to create knockoffs.

http://cryptocredits.org/index.html

This is the official website(About 99% Finalized). We will optimistically be launching in 1-2 weeks with a unique block reward system that prevents Pump N' Dumps as well as very early adopter dominance. Be prepared for a custom wallet, official marketplace, stable pools, gambling sites, competitions, and no pre-mine on launch.

[PinkPotatos]

dem zer0z

[porcupine87]

Mining

- 1 minute block target
- 5 Confirms per transaction
- Difficulty re-targets every 60 minutes
- Block reward 10,000 estimated (may be higher)
- Total coin supply: One Centillion (1 ~303) = 1,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000 coins
- Scrypt

- Premine: 3.5%

http://www.youtube.com/watch?v=IVy9XZXpcfw#t=3m

No serious. What data type for storage do you use?

[Easy2Mine]

ANOTHER LOSER LAUNCH ANOTHER FAILCOIN
EVERY COIN THAT IS PREMINE IS A FAILCOIN
NEXT

[The One]

Do yourself a favour and don't launch this coin....oooppphhs credits.

It has to be the worse idea in the universe.

Go back to school.

Seriously your premine is plainly ridiculous, the amount of credits is totally pants, soaking wet in brown colour, no nappies can support the brown stuff.

[paulus51]

hmm stolen concept and indeed,

pre-mining is ok but ..........do not more then 1 or 1,5 % percent and be open with pre-mine coins what your doing with it,


be fare and share give all peolpe the chance to mine those coins, and promote them, by givaways


as i say stolen concept anyway.................



fail .................

[Nullu]

- Block reward 10,000 estimated (may be higher)
- Total coin supply: One Centillion (1 ~303) =


Are you kidding me?

It's funnier because he's serious.

Bring on the "selling one trillion Bitcredits for BTC".

[kke]

pre-mining is ok but ..........do not more then 1 or 1,5 % percent and be open with pre-mine coins what your doing with it,

3.5% of 1 centillion is billions times the block reward, the mined amount would never ever reach even close to premined amount.

"Only" premining 1.5% does not change that to one way or another.

I'd say an acceptable premine is something like 10 to maybe 50 blocks of regular block reward.

You shouldn't promote your crapcoin by doing giveaways (printing free money into circulation, creating inflation, devaluing the work of miners). If you don't have resources to promote your crapcoin via btc or some other currency, don't launch any more coins. You could offer to buy the mined coins up to worth 1 BTC or 1 million doges or something like that with a predefined rate you define in the announce. That would be something new & different and would show some dedication to your crapcoin.

Imagine you premined 2% of crapcoin resulting in 1 million coins, would you buy more crapcoins from the miners at 0.000000001 btc a piece? Most probably wouldn't.
 

[Mivexil]

http://www.wolframalpha.com/input/?i=%2810%5E303%29+mod+%282%5E64%29

Yep, if you're using uint64, that's one hell of a supply indeed.

[Warning__3]

soo, why not just have max coin to something like.. 1 000 000 000 000 000 coins?

[atleticofa]

So you are keeping for yourself more than we can mine in the next centuries...

Good luck.

[kke]

Yep, if you're using uint64, that's one hell of a supply indeed.

There won't be any decimals then I guess

[Chuffminer]

YAY BITCRETINS!!1

http://static2.wikia.nocookie.net/__cb20110313145821/uncyclopedia/images/7/70/Moron.jpg

a-hur-hur-hurrrrr

[stuhlman]

   So I'd expect the giveaway thread to give me 100000000000000000000000000  and the faucet 1000000000000000000000000 and maybe slab a logo for 1000000000000000000000000000 and if I am lucky win this on a dice game 10000000000000000000000000000000000000000000000
and on my first trade at cryptsy to be dumping 100000000000000000000000000000000000000000000000000

why even bother mining? better yet why you even bother to go on living?

on a little side note a dump transaction by the dev on cryptsy would look like this:

Amount of scamcoin  : 1e+73
Total BTC                : 1.642e+68
0.30% Fee (BTC)      : 4.926e+65                       * BigVern would be smiling all the way to the bank.
Net Total (BTC)        : 1.6370739999999999e+68  * Then the dev takes all the bitcoins minted in the world and flies to the Bahamas

[grantenierman]

and i thought i had to many of my own altcoin. NO thanks you can keep the credits