bitwho
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Activity: 1274
Merit: 1000
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January 29, 2014, 05:03:54 AM |
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wow.. you pre-mined 5 million coins with a normal 450 block reward...............................................
bhahahahahhahahahhahahahhaha
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SwagCoin (OP)
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Activity: 42
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January 29, 2014, 05:09:40 AM |
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wow.. you pre-mined 5 million coins with a normal 450 block reward...............................................
bhahahahahhahahahhahahahhaha
Dang son if you'd have bothered to read the actual ANN i think you'd have found a lot of answers. premine != normal block reward  |
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fartbags
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Activity: 1190
Merit: 1004
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January 29, 2014, 06:12:14 AM |
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If you could some how get the premined coins to be paid out over time it would be fine.
Like 2% of the coins mined go to the devs.
It is scary to mine a coin with a huge instant premine when the developers are a secret.
For all we know, you will sell the premine and start working on the release of SWAG 2.0 next week.
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bitspill
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Activity: 2058
Merit: 1015
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January 29, 2014, 07:13:45 AM |
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Boobies make the premine ok...  |
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coinhash
Member
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Activity: 70
Merit: 10
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January 29, 2014, 07:25:32 AM |
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 http://swag.hashrapid.com- Dedicated Server - Sign up now. We will be digging the minute the wallets go live. |
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dedicatedpoolcom
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Activity: 42
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January 29, 2014, 10:30:57 AM |
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Good to see other pools hopping on! I don't want to have 100% of 1GH/s + hash the first day and have to close regs in 5 minutes.
This coin is going places guys, make sure you pick a pool and get registered for 7PM!
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itsallpc
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January 29, 2014, 10:56:34 AM
Last edit: January 29, 2014, 11:42:03 AM by itsallpc |
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Part for ourselves (playas gotta eat) and part to give rookies a taste for the SWAG. ?? How much will you use for development/ givaways and how much of the coin are you keeping for your own personal use? Can you outline your plan for the premine and premine transparency on the OP so people know what they are getting into as the op is vague as to the use and spread of the premine. IMO and it is just an opinion the premine is too much how long will it take for miners to have 1.5% of the coins? So the miners can match the op devs wallet? How is the OP/Dev going to prove that they have only kept for personal use X-amount and that Y-Amount is being used in the proactive manner as announced? Working on your basic block reward of 450 it would take 11817.79555555556 blocks just to achieve premine parity.. Although i did read 1st day second day blocks and bling blocks this will make it quicker But i have to say at least it is refreshing and shows honest intention that you announced you will keep some for personal use i applaud you for that! Also what are your plans and future development of Swag where do you see it standing in the crypto world? Or is it just a money making machine with no real world use and no plan for development of innovative uses? How many people are their on the dev team? And do they have defined and specific work targets for the introduction and development pathway of Swagcoin ? What new innovation or development is Swag bringing to the table? On what software is the coin based and its version? Have you or the team made any improvements upgrades or refined development of the software being used? Will you be using or implementing gravity well to stop the diff being forced up and then the large rigs leaving. This leaving the small miner to deal with the high diff? It seems all a little vague sorry just an opinion and i want to know my 10mh is working for me Thanks ps. on a side not the whole OP is linked to hashrapid its one big hyperlink  |
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mgoldfinger
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January 29, 2014, 11:53:28 AM |
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perhaps the Dev can launch MojoCoin next  We can then refer to: - ophaned blocks as 'losing your Mojo' - 'how much Mojo do you have'? - make the wallet go 'Yeah Baby, Yeah' whenever a freshly minted block comes in. - call the android app 'Mini Me' - and last but not least: use the famous pinky as the logo on the coin ok, enough rambling. time to get back to work Will mine this btw. |
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SwagCoin (OP)
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Activity: 42
Merit: 0
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January 29, 2014, 12:16:46 PM |
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If you could some how get the premined coins to be paid out over time it would be fine.
Like 2% of the coins mined go to the devs.
Difficult, not impossible to do. But then the devs or whoever taking a cut in perpetuity of all mining + tx fees in order to achieve that percentage is opening a whole different can of worms. Part for ourselves (playas gotta eat) and part to give rookies a taste for the SWAG. ??
How much will you use for development/ givaways and how much of the coin are you keeping for your own personal use?
Can you outline your plan for the premine and premine transparency on the OP so people know what they are getting into as the op is vague as to the use and spread of the premine.
IMO and it is just an opinion the premine is too much how long will it take for miners to have 1.5% of the coins? So the miners can match the op devs wallet?
How is the OP/Dev going to prove that they have only kept for personal use X-amount and that Y-Amount is being used in the proactive manner as announced?
Working on your basic block reward of 450 it would take 11817.79555555556 blocks just to achieve premine parity.. Although i did read 1st day second day blocks and bling blocks this will make it quicker
But i have to say at least it is refreshing and shows honest intention that you announced you will keep some for personal use i applaud you for that!
Also what are your plans and future development of Swag where do you see it standing in the crypto world? Or is it just a money making machine with no real world use and no plan for development of innovative uses?
How many people and what are their on the dev team? And do they have defined and specific work targets and jobs?
What new innovation or development is Swag bringing to the table?
On what software is the coin based and its version?Will you be using or implementing gravity well to stop the diff being forced up and then the large rigs leaving. This leaving the small miner to deal with the high diff?
It seems all a little vague sorry just an opinion and i want to know my 10mh is working for me Thanks
According to our calculations once we get past the anti-instamine blocks (which reward 1 swag) it will take 3420 blocks for miners to get 5832000 SWAG. And you'll be able to fact-check that as soon as you get your hands on the source code. What's there to hide? The premine is in the source code for everyone to see. But thanks for the words. Now coming to the proactive use of funds, you'll see that starting tonight. We have a faucet in place that we're going to keep dripping wet, giveaway threads aren't permitted on BCT anymore but we'll have a giveaway running on our site and CCT, and we have a couple of contests that are going to start as soon as people get their wallets. But bottom line is that any coin is only as good as it's community and as long as that comes together the rest of the pieces will fall in their places. And remember... a family that mines together, stays together  Kimoto is in the dev roadmap. About real-life use apart from the bounties that we will award for exchanges, gambling sites and other time sinkers we will award bounties to legitimate merchants and have our own service platform in development. Stick around. We have SWAG-y things in play for you perhaps the Dev can launch MojoCoin next We can then refer to: - ophaned blocks as 'losing your Mojo' - 'how much Mojo do you have'? - make the wallet go 'Yeah Baby, Yeah' whenever a freshly minted block comes in. - call the android app 'Mini Me' - and last but not least: use the famous pinky as the logo on the coin ok, enough rambling. time to get back to work Will mine this btw. We lol-ed. Thanks I'm sure somebody will steal your concept |
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itsallpc
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January 29, 2014, 12:21:58 PM
Last edit: January 29, 2014, 01:12:03 PM by itsallpc |
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Thank you for your answers i just wanted to make sure you are serious about the project and it was not just a money making scam.. I am now happy to say you have my 10mh's tonight  |
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gerbill
Newbie
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Activity: 42
Merit: 0
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January 29, 2014, 01:33:09 PM |
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Hello! We would like to set up a new swag pool http://swag.pool.mnBut I don't see github link on your website or anywhere else. Please provide me with link to your github Also please list our pool at your website and forum post. Thanks! Hope swagcoin lauch will go smooth and successful! |
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mfpowernl
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January 29, 2014, 01:54:15 PM |
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Hmm i gone try so its gone start today the mining? I want to be there the first second! Iam from west europe.. So what time it start over here?
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MathiasW
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Activity: 19
Merit: 0
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January 29, 2014, 02:02:51 PM |
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Hmm i gone try so its gone start today the mining? I want to be there the first second! Iam from west europe.. So what time it start over here?
Western Europe, which timezone? In zone of Berlin, Brussels, Paris (CET) the coin should start at 1am nighttime "today", I'm eagerly waiting until then, too. |
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Reverb
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January 29, 2014, 02:03:39 PM |
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Hmm i gone try so its gone start today the mining? I want to be there the first second! Iam from west europe.. So what time it start over here?
Nice english matey. 19:00 EST is 1:00 AM in the Netherlands. |
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mfpowernl
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January 29, 2014, 02:07:14 PM |
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Hmm i gone try so its gone start today the mining? I want to be there the first second! Iam from west europe.. So what time it start over here?
Nice english matey. 19:00 EST is 1:00 AM in the Netherlands. Sry mate :-(( Sleeped during english lessons when i was young.. Thx that gone be a long night then )  |
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BlockMinter
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Activity: 23
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January 29, 2014, 02:29:29 PM |
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http://www.blockminter.com/BlockMinterLogo.pngBlock Minter SWAG Pool is open Signup now at swag.blockminter.com and start mining at launch. The hour before launch we will be having coin giveaways in IRC so come join us for the launch party (link is on the website). 1 % fee during launch week , vardiff enabled |
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SwagCoin (OP)
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Activity: 42
Merit: 0
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January 29, 2014, 02:47:17 PM |
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Hat tipping and welcome to the party to hashrapid and blockminter. Get your SWAG on playaz.
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MisO69
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Activity: 1946
Merit: 1005
My mule don't like people laughing
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January 29, 2014, 03:01:10 PM |
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You dumb shit, you take 5 mill coins and give us 0 instamine, well fuck that shit. Keep your fools gold playa
Want to fix this? Let us instamine this shitcoin to death. Difficulty .0001 at start with a retarget after 1000 blocks. 10% max retarget. Give us a hundred million coins to instamine.
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foodies123
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January 29, 2014, 03:04:20 PM |
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dev you better get yo ass to work on setting up nodes around the world so people get a chance to mine in low diff or else you're gonna have a shitstorm of bitches screaming SCAM SCAM , only ORPHANS and shit like that.
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nope
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SwagCoin (OP)
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Activity: 42
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January 29, 2014, 03:10:20 PM |
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You dumb shit, you take 5 mill coins and give us 0 instamine, well fuck that shit. Keep your fools gold playa
Want to fix this? Let us instamine this shitcoin to death. Difficulty .0001 at start with a retarget after 1000 blocks. 10% max retarget. Give us a hundred million coins to instamine.
Thanks for the kind words. We truly appreciate your opinion random person on the internet dev you better get yo ass to work on setting up nodes around the world so people get a chance to mine in low diff or else you're gonna have a shitstorm of bitches screaming SCAM SCAM , only ORPHANS and shit like that.
nodes will be up in us/eu/asia |
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