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Author Topic: [ANN] VGC - VegasCoin  (Read 59680 times)
bpotter43
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January 02, 2018, 10:44:11 PM
 #461

Thing about Novaexchange is they have been sold and are in talks with new owners about where how when things will change over etc etc

https://novaexchange.com/news/

017-12-10 17:44 - Ongoing discussions with new owners

Discussions with new owners are going well and it seems very likely that there will be a simple way to migrate from old site to new site (same domain, just new management). Hopefully this will be ready around February 2018. More information will be published as soon as we know more.
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January 03, 2018, 12:16:22 AM
 #462

Best way to keep a coin listed on an exchange is to trade. Novaexchange policy to keep coin listed is as follows:
Quote
and some currencies will be unlisted if they do not have a 0.2 BTC Volume over a period of three (3) weeks. We do however offer an un-listing guarantee program, where the community can pay a yearly fee in order to keep the currency listed. The fee is currently set to 0.25 BTC/year.

I'm not sure if VGC is up for any delisting yet but I know they may remove more coins before closing site down. I was able to keep VGC listed on Nova after they put it up for delisting in past, but not sure if I could succeed again due to the low volume levels.

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January 03, 2018, 12:19:06 AM
 #463

Thing about Novaexchange is they have been sold and are in talks with new owners about where how when things will change over etc etc

https://novaexchange.com/news/

017-12-10 17:44 - Ongoing discussions with new owners

Discussions with new owners are going well and it seems very likely that there will be a simple way to migrate from old site to new site (same domain, just new management). Hopefully this will be ready around February 2018. More information will be published as soon as we know more.

Was reported this morning, in the Nova trollbox, that discussions with new owners are doing well and they maybe able to transfer users to new site.
Vegascoin.vegas
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January 03, 2018, 05:12:49 PM
 #464

im waiting to see whats happening.... I know the devs were considering swapping this to ethereum blockchain, but we were still trading the scrypt VGC on Novaexchange. I have been hesitant about switching to Ethereum (heaven forbid there is a serious security issue down the line, as there have already been several successful multimillion dollar hacks on ethereum), its obviously very expensive to maintain a scrypt coin like this, especially to bring it to the level that it can be locally accepted. Of course, i'll say it again, if we can establish solar mining and nodes at some point that will alleviate some long term cost burden... I have been throwing tons of ideas out here but they most of them automatically require money and arent completely necessary in the near future... i think our best bet is to hold tight, see what the devs have in mind, being a local cryptocurrency has a lot of obstacles and very complex issues involved before mass adoption can occur.


In case you didn't see this.

I traded in my VGC for the ETH VEGAS after I cornered 20% total supply of VGC. The last time I looked at his wallet QNm4MWrjeTyJguBJqrhmcQetqocHm1F9vD it had over 22 million of the 100 million total supply of VGC.

The swap into ETH has already started. It isn't at the consideration stage anymore. https://etherscan.io/token/0x4429ad3d60721fe71afe62684ed6492ae4363326?a=0x64Cd24e0f3d2527BFa127CAaeCeF419857D1E68e

ETH was less than $10 when the token was launched. Novaexchange is an abandoned exchange at this time. There is no trading VGC on it. People can't make deposits of any coin if they want to. Nobody knows what the new owners will do. There is no trading I can find anywhere.


I see no reason why you can't continue with the scrypt coin if that is what you want to do. One member on the dev team casually said someday VGC may be revisited. When I pressed for clarification, I didn't get an answer. So I have seen almost no interest to support VGC.

It is my understanding VEGAS is good because ETH takes millions of dollars of development away from the coin team. Also, the city of Las Vegas is simply not ready to adopt a crypto. There is a Las Vegas Coin competitor you can watch and see if that proof of stake coin has any success that says differently. If the best bet is to hold, what other option is there when no market exists with a buyer? Holding would be the only bet.

A few friends and I are going to create a company called Vegas Pay and we want to develop it with an ETH wallet for VEGAS tokens. But I do not see any way for users to get VEGAS except from the dev team. At first I was going to make a portion my wallet available but then I decided not to do that.
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January 03, 2018, 10:08:31 PM
 #465

My guess is there is more than 100 million coins. Most of these old coins are coded so that mining rewards do not stop after the max supply is reached.
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January 04, 2018, 02:04:15 AM
 #466

Re: Novaexchange. I'm hopeful of the exchange continuing, but I wouldn't be surprised if it doesn't. Aside from the initial announcement there's been very little extra information offered, apart from some vague "discussions with new owners" posts. Mods repeatedly say to check the news page but the last relevant news was posted nearly a month ago. It's also really strange that simply changing owners would require crippling the core business for months. That's going to lose a hell of a lot of goodwill. Why are they doing it this way?
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January 04, 2018, 04:39:33 AM
 #467

Re: Novaexchange. I'm hopeful of the exchange continuing, but I wouldn't be surprised if it doesn't. Aside from the initial announcement there's been very little extra information offered, apart from some vague "discussions with new owners" posts. Mods repeatedly say to check the news page but the last relevant news was posted nearly a month ago. It's also really strange that simply changing owners would require crippling the core business for months. That's going to lose a hell of a lot of goodwill. Why are they doing it this way?

Latest news I have heard, posted in the Nova trollbox yesterday.

Quote
Admin (2136989)
Deposits will hopefully be enabled again in February when new owners take over the site.
Vegascoin.vegas
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January 07, 2018, 04:07:50 PM
 #468

My guess is there is more than 100 million coins. Most of these old coins are coded so that mining rewards do not stop after the max supply is reached.

Do you know how many have been mined so far? I can't find a block explorer that says that like we used to have one that did.

Because I think if there is a buy back that will be honored, going over the max supply will affect the decision.
maximumcoin
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January 10, 2018, 05:22:06 PM
 #469

My guess is there is more than 100 million coins. Most of these old coins are coded so that mining rewards do not stop after the max supply is reached.

We definitely need an expert to look at the source code to see if that is the case.
I have heard of that happening with other coins and they just updated the client to ignore any coins mined after max supply was reached...

There IS a market for crypto in Las Vegas. I just saw a Satoshi1 Bitcoin ATM at a regular neighborhood gas station here. Crypto is about to get big.




██████████████████████████  Cryptrade Decentralized Exchange   ██████████████████████████
██ Community-driven Decentralized Exchange - ✔ Share Profits ✔ CryptradeCoin ✔ High ROI ✔ Masternode ✔ PoS ✔ BTS2.0 ✔ ██
█████████████████████   [ANN] [Twitter] [Discord] [Website] [Vote] [MNO]    █████████████████████
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January 11, 2018, 04:29:49 AM
 #470

Here's the part of the source code that determines the reward:

    int64 nSubsidy = 30 * COIN;

    // Subsidy is cut in half every 1777666 blocks, which will occur approximately every (little less than) 2 years
    nSubsidy >>= (nHeight / 1777666); // VegasCoin: 1.7m blocks in a little less than 2 years


Basically it starts at 30 and halves every 1777666 blocks.

That means we're only about 34500 blocks away from the second halving point (reward 15 VGC -> 7.5 VGC)

There does not appear to be any cap on total supply, but there isn't a minimum reward either. After enough time the reward halving will result in a value equivalent to "dust" which will not be credited to the block winner.
maximumcoin
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January 11, 2018, 05:09:43 PM
 #471

Here's the part of the source code that determines the reward:

    int64 nSubsidy = 30 * COIN;

    // Subsidy is cut in half every 1777666 blocks, which will occur approximately every (little less than) 2 years
    nSubsidy >>= (nHeight / 1777666); // VegasCoin: 1.7m blocks in a little less than 2 years


Basically it starts at 30 and halves every 1777666 blocks.

That means we're only about 34500 blocks away from the second halving point (reward 15 VGC -> 7.5 VGC)

There does not appear to be any cap on total supply, but there isn't a minimum reward either. After enough time the reward halving will result in a value equivalent to "dust" which will not be credited to the block winner.

Thank you for the clarification.

I am telling new people to get on Nova Exchange for February.

██████████████████████████  Cryptrade Decentralized Exchange   ██████████████████████████
██ Community-driven Decentralized Exchange - ✔ Share Profits ✔ CryptradeCoin ✔ High ROI ✔ Masternode ✔ PoS ✔ BTS2.0 ✔ ██
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paulgunn
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January 11, 2018, 05:12:35 PM
 #472

Thing about Novaexchange is they have been sold and are in talks with new owners about where how when things will change over etc etc

https://novaexchange.com/news/

017-12-10 17:44 - Ongoing discussions with new owners

Discussions with new owners are going well and it seems very likely that there will be a simple way to migrate from old site to new site (same domain, just new management). Hopefully this will be ready around February 2018. More information will be published as soon as we know more.

Was reported this morning, in the Nova trollbox, that discussions with new owners are doing well and they maybe able to transfer users to new site.

This is good news if true.  Confirming now
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January 14, 2018, 04:07:40 PM
 #473

Good News! Nova exchange no longer closing.
maximumcoin
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January 27, 2018, 01:56:37 AM
 #474

that ethereum contract has warnings:

Warning: The compiled contract might be susceptible to ZeroFunctionSelector (very low-severity), DelegateCallReturnValue (low-severity), ECRecoverMalformedInput (medium-severity), SkipEmptyStringLiteral (low-severity), ConstantOptimizerSubtraction (low-severity), IdentityPrecompileReturnIgnored (low-severity) Solidity compiler bugs.

i think the idea needs more thought and consensus...

I could organize an Ethereum swap and make sure the contract is secure and we have a dev plan.

Nova should reopen soon, lets stick to that plan until this ethereum idea gets consensus.

██████████████████████████  Cryptrade Decentralized Exchange   ██████████████████████████
██ Community-driven Decentralized Exchange - ✔ Share Profits ✔ CryptradeCoin ✔ High ROI ✔ Masternode ✔ PoS ✔ BTS2.0 ✔ ██
█████████████████████   [ANN] [Twitter] [Discord] [Website] [Vote] [MNO]    █████████████████████
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January 27, 2018, 03:52:54 AM
 #475

that ethereum contract has warnings:

Warning: The compiled contract might be susceptible to ZeroFunctionSelector (very low-severity), DelegateCallReturnValue (low-severity), ECRecoverMalformedInput (medium-severity), SkipEmptyStringLiteral (low-severity), ConstantOptimizerSubtraction (low-severity), IdentityPrecompileReturnIgnored (low-severity) Solidity compiler bugs.

i think the idea needs more thought and consensus...

I could organize an Ethereum swap and make sure the contract is secure and we have a dev plan.

Nova should reopen soon, lets stick to that plan until this ethereum idea gets consensus.

Are you aware of any existing block explorer for Vegas Coin?


Also, was there an update at some point to extend the money supply past 100 million?


Thanks for any help you can offer.


 Grin

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January 27, 2018, 05:18:51 AM
 #476

that ethereum contract has warnings:

Warning: The compiled contract might be susceptible to ZeroFunctionSelector (very low-severity), DelegateCallReturnValue (low-severity), ECRecoverMalformedInput (medium-severity), SkipEmptyStringLiteral (low-severity), ConstantOptimizerSubtraction (low-severity), IdentityPrecompileReturnIgnored (low-severity) Solidity compiler bugs.

i think the idea needs more thought and consensus...

I could organize an Ethereum swap and make sure the contract is secure and we have a dev plan.

Nova should reopen soon, lets stick to that plan until this ethereum idea gets consensus.

Are you aware of any existing block explorer for Vegas Coin?


Also, was there an update at some point to extend the money supply past 100 million?


Thanks for any help you can offer.


 Grin

No block explorer for vegascoin. Sad


maximumcoin
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January 27, 2018, 10:45:39 AM
 #477

that ethereum contract has warnings:

Warning: The compiled contract might be susceptible to ZeroFunctionSelector (very low-severity), DelegateCallReturnValue (low-severity), ECRecoverMalformedInput (medium-severity), SkipEmptyStringLiteral (low-severity), ConstantOptimizerSubtraction (low-severity), IdentityPrecompileReturnIgnored (low-severity) Solidity compiler bugs.

i think the idea needs more thought and consensus...

I could organize an Ethereum swap and make sure the contract is secure and we have a dev plan.

Nova should reopen soon, lets stick to that plan until this ethereum idea gets consensus.

Are you aware of any existing block explorer for Vegas Coin?


Also, was there an update at some point to extend the money supply past 100 million?


Thanks for any help you can offer.


 Grin

I deleted my previous post about ethereum swapping (i realize if it ever happens we need to make sure its right first).

No current VGC block explorer. we determined mining is going normally and NOT set to go over max supply.

I think our main problem is block explorers etc. cost serious money (if we are paying someone), it just needs to be a basic one (that will stay up). also, we need a litecoin expert to see about upgrading the litecoin features at some point... We need to see what happens once trading gets going again, I want to promote locally but these loose ends are too much with the original dev not available and most of the supply in their hands (or others hands). So if this ever gets too complicated for everyone, I will organize an Ethereum token or a token on another platform that VGC holders can recieve and the new token supply and participants and roadmap will be well defined. VGC works perfectly fine and I hope it goes on as long as bitcoin. For anyone that doesnt live in Las Vegas, I understand this is all frustrating, this will be a slow process of people getting into bitcoin (like I said bitcoin is getting some attention here) and feeling comfortable enough to get into alts like Vegascoin. I just dont like when people want to jump ship early or try to mislead/FUD the board, or spam twitter with our coin name, etc... It isnt fair to people trying to get involved or people already involved.

██████████████████████████  Cryptrade Decentralized Exchange   ██████████████████████████
██ Community-driven Decentralized Exchange - ✔ Share Profits ✔ CryptradeCoin ✔ High ROI ✔ Masternode ✔ PoS ✔ BTS2.0 ✔ ██
█████████████████████   [ANN] [Twitter] [Discord] [Website] [Vote] [MNO]    █████████████████████
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January 27, 2018, 01:14:55 PM
 #478

that ethereum contract has warnings:

Warning: The compiled contract might be susceptible to ZeroFunctionSelector (very low-severity), DelegateCallReturnValue (low-severity), ECRecoverMalformedInput (medium-severity), SkipEmptyStringLiteral (low-severity), ConstantOptimizerSubtraction (low-severity), IdentityPrecompileReturnIgnored (low-severity) Solidity compiler bugs.

i think the idea needs more thought and consensus...

I could organize an Ethereum swap and make sure the contract is secure and we have a dev plan.

Nova should reopen soon, lets stick to that plan until this ethereum idea gets consensus.

Are you aware of any existing block explorer for Vegas Coin?


Also, was there an update at some point to extend the money supply past 100 million?


Thanks for any help you can offer.


 Grin

I deleted my previous post about ethereum swapping (i realize if it ever happens we need to make sure its right first).

No current VGC block explorer. we determined mining is going normally and NOT set to go over max supply.

I think our main problem is block explorers etc. cost serious money (if we are paying someone), it just needs to be a basic one (that will stay up). also, we need a litecoin expert to see about upgrading the litecoin features at some point... We need to see what happens once trading gets going again, I want to promote locally but these loose ends are too much with the original dev not available and most of the supply in their hands (or others hands). So if this ever gets too complicated for everyone, I will organize an Ethereum token or a token on another platform that VGC holders can recieve and the new token supply and participants and roadmap will be well defined. VGC works perfectly fine and I hope it goes on as long as bitcoin. For anyone that doesnt live in Las Vegas, I understand this is all frustrating, this will be a slow process of people getting into bitcoin (like I said bitcoin is getting some attention here) and feeling comfortable enough to get into alts like Vegascoin. I just dont like when people want to jump ship early or try to mislead/FUD the board, or spam twitter with our coin name, etc... It isnt fair to people trying to get involved or people already involved.

I pay $75 per year for the Bunnycoin block explorer at thecryptochat.net.
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January 28, 2018, 09:59:36 PM
 #479


I pay $75 per year for the Bunnycoin block explorer at thecryptochat.net.


those block explorers look nice. they also can upgrade old wallets to current litecoin features.
besides that, a mining pool would be nice, and this coin will be ready for real world promotion.

██████████████████████████  Cryptrade Decentralized Exchange   ██████████████████████████
██ Community-driven Decentralized Exchange - ✔ Share Profits ✔ CryptradeCoin ✔ High ROI ✔ Masternode ✔ PoS ✔ BTS2.0 ✔ ██
█████████████████████   [ANN] [Twitter] [Discord] [Website] [Vote] [MNO]    █████████████████████
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January 28, 2018, 10:34:09 PM
 #480


I pay $75 per year for the Bunnycoin block explorer at thecryptochat.net.


those block explorers look nice. they also can upgrade old wallets to current litecoin features.
besides that, a mining pool would be nice, and this coin will be ready for real world promotion.

Thecryptochat.net can provide a range of services. Prices are reasonable.
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