[ANN] AIRcoin

[adhitthana]

I just checked. Some of the pre-mined was sold off. I tracked down 5k being sold this morning that was part of the pre-mine.

I bought 2000 AIR @ 0.00003.....
Seems like an odd time to sell 2000 coins for $30USD.  

I wonder what will be done with the $30?

Maybe the BTC will be invested in DRK?

[dragonseer]

What a mess. I had 1365 Air and sold for dirt after reading the pre-mine got dumped at 550 and 551 SAT. If the person that bought them for that is reading this they can make me an offer to buy them back, but there's no way I'm spending ten times that to get back onboard this fiasco.

[adhitthana]

What a mess. I had 1365 Air and sold for dirt after reading the pre-mine got dumped at 550 and 551 SAT. If the person that bought them for that is reading this they can make me an offer to buy them back, but there's no way I'm spending ten times to get back onboard this fiasco.

Sure..if you sold them to me, you're welcome to have them back. Is there a way to show what happened, just so I don't get multiple claims. You can have them back at the same price

All I ask in return is you help with with some technical questions about cryptos...as...I'm really dumb about some aspects of it all.

I also bought some at .00005...too I think..maybe 500....can't quite remember

[dragonseer]

What a mess. I had 1365 Air and sold for dirt after reading the pre-mine got dumped at 550 and 551 SAT. If the person that bought them for that is reading this they can make me an offer to buy them back, but there's no way I'm spending ten times to get back onboard this fiasco.

Sure..if you sold them to me, you're welcome to have them back. Is there a way to show what happened, just so I don't get multiple claims.

All I ask in return is you help with with some technical questions about cryptos...as...I'm really dumb about some aspects of it all.

I alos bought some at .00005...too I think..maybe 500....can't quite remeber

I'm posting a pic of my trade history on Poloniex here... Yes someone else had sold before me at 300 Sat that was another sign that the pre-mine had been dumped to me at the time. https://twitter.com/Dragonseer/status/459862367413604353/photo/1

My Aircoin address is: AFnSf83T12Dug8CvxtnCeN94x6oD2cXNWb

I'll pay you back in Bitcoin if you are willing, and of course help you with some technical questions about Cryptos 

[Cryptosapiens]

I'm posting a pic of my trade history on Poloniex here... Yes someone else had sold before me at 300 Sat that was another sign that the pre-mine had been dumped to me at the time. https://twitter.com/Dragonseer/status/459862367413604353/photo/1

My Aircoin address is: AFnSf83T12Dug8CvxtnCeN94x6oD2cXNWb

I'll pay you back in Bitcoin if you are willing, and of course help you with some technical questions about Cryptos 

GRRRRRR... I'm mad at you Bro!  NEVER RAGE SELL!

Unfortunately I wasn't the one buying, I would gladly sell you back, cheapest I got was about 3000 sat, but when i woke up and noticed the 500 sat buy orders have been fulfilled, I couldn't believe it!

[dragonseer]

I'm posting a pic of my trade history on Poloniex here... Yes someone else had sold before me at 300 Sat that was another sign that the pre-mine had been dumped to me at the time. https://twitter.com/Dragonseer/status/459862367413604353/photo/1

My Aircoin address is: AFnSf83T12Dug8CvxtnCeN94x6oD2cXNWb

I'll pay you back in Bitcoin if you are willing, and of course help you with some technical questions about Cryptos 

GRRRRRR... I'm mad at you Bro!  NEVER RAGE SELL!

Unfortunately I wasn't the one buying, I would gladly sell you back, cheapest I got was about 3000 sat, but when i woke up and noticed the 500 sat buy orders have been fulfilled, I couldn't believe it!

Well if I didn't still have Aphroditecoins I might not of... Anyway I'm off to get some rest, I'll leave that pic up for a day or or so if someone wants to take a look and make an offer, otherwise I'm just going to try and forget this Aircoin business...

[Tbone123]

Before I link my bank account can people here tell me if Coinbase is a reputable site to buy bitcoins from? Do any of you use that site?

Thanks

[Juicemixer]

Before I link my bank account can people here tell me if Coinbase is a reputable site to buy bitcoins from? Do any of you use that site?

Thanks

You can trust coinbase. I've used them for months with no problem at all.

dragonseer, I've sent you some coins as an apology for my hasty post. I hope amends my screw up.

[adhitthana]

What a mess. I had 1365 Air and sold for dirt after reading the pre-mine got dumped at 550 and 551 SAT. If the person that bought them for that is reading this they can make me an offer to buy them back, but there's no way I'm spending ten times to get back onboard this fiasco.

Sure..if you sold them to me, you're welcome to have them back. Is there a way to show what happened, just so I don't get multiple claims.

All I ask in return is you help with with some technical questions about cryptos...as...I'm really dumb about some aspects of it all.

I alos bought some at .00005...too I think..maybe 500....can't quite remeber

I'm posting a pic of my trade history on Poloniex here... Yes someone else had sold before me at 300 Sat that was another sign that the pre-mine had been dumped to me at the time. https://twitter.com/Dragonseer/status/459862367413604353/photo/1

My Aircoin address is: AFnSf83T12Dug8CvxtnCeN94x6oD2cXNWb

I'll pay you back in Bitcoin if you are willing, and of course help you with some technical questions about Cryptos  

Wow...i didn't even realise till now that they traded so low....here is my trades

2014-04-26 02:34:05   Buy   0.00003000   336.22218155   0.01008666
2014-04-26 01:10:33   Buy   0.00005000   236.87748045   0.01184387
2014-04-26 01:10:33   Buy   0.00004997   227.34595715   0.01136047
2014-04-26 01:10:33   Buy   0.00004994   235.7765624   0.01177468
2014-04-26 01:10:12   Buy   0.00003000   50   0.0015
2014-04-25 13:10:16   Buy   0.00003000   2000   0.06
2014-04-25 07:14:08   Buy   0.00005000   617.60665388   0.03088033
2014-04-25 06:14:06   Buy   0.00005000   3.719   0.00018595
2014-04-25 06:00:07   Buy   0.00005000   3.719   0.00018595
2014-04-25 05:48:08   Buy   0.00005000   3.719   0.00018595
2014-04-25 05:34:07   Buy   0.00005000   14.877   0.00074385
2014-04-25 05:25:35   Buy   0.00005000   45.20234612   0.00226011
2014-04-25 05:20:07   Buy   0.00005000   3.719   0.00018595
2014-04-25 05:16:07   Buy   0.00005000   3.719   0.00018595
2014-04-25 04:54:07   Buy   0.00005000   3.719   0.00018595

I thoughts 0.00003 seemed cheap.

I'll give you 500 if the person who bought the cheap ones isn't around. I have enough...

[Mortimer452]

Before I link my bank account can people here tell me if Coinbase is a reputable site to buy bitcoins from? Do any of you use that site?

Thanks

+1 on Coinbase, I have bought/sold many BTC there.  Takes some time to get setup with all the verification stuff but they are trustworthy and fast.

[Mortimer452]

All of the AIRcoin deposited on Poloniex, with amounts to 15587.74473327 AIR actively trading, plus 84999 ready to be withdrawn, accounting for the entire 100000 AIR devoted to Poloniex, plus the ~500 AIR that remains purchased from the market. The premine remains intact and unsold. Any sell orders that have occurred on Poloniex have NOT been the result of our trading account there.

We are checking our wallet network and making sure that none of them were deposited into a Poloniex account either. We will update the thread as soon as we have confirmation that all coins remains where they are supposed to be.

EDIT: Additionally, It may be bounties paid for work (such as media or the block explorer) that were only recently deposited and came from the original premine.

Wow, he's back.

While I appreciate you chiming in to dispute the accusation that the premine is being sold on the market for profit, how about SOME UPDATE ON WTF YOU ARE DOING

[adhitthana]

delete

[ISAWHIM]

How goes the progress on the fix for the LTC block-height overlap issue? Are you guys still trying to pin-down the source of the issue?

Seems like a comparison is failing. One that checks for validity of the block-height or versions, in the multi-connection broadcasting of nodes.

[dragonseer]

dragonseer, I've sent you some coins as an apology for my hasty post. I hope amends my screw up.

Thank you, coins received. I'll keep what you sent but I won't get any further involved until there are some signs that there is an actual plan going forward...

You mentioned that Aircoin said they had approached Mintpal and that they hadn't heard of this, that's not a good sign...

I'll give you 500 if the person who bought the cheap ones isn't around. I have enough...

Don't worry, let's just focus on whether this coin has a future or not. Yes Alexander posted here again but he didn't give any indication that this relaunch is still going to happen, or even that they are addressing basic concerns like the wallet sync issue. Even if this coin does relaunch, why should Aircoin 2.0 be a success where 'Aircoin Beta' was not? They haven't really answered that question except with vague concepts that 'this will be bigger'.

[esotericizm]

So alexander finally posts not to ease some of the tension around here but solely to defend himself.

It's almost been a month since we lost regular contact with the dev team and we have seen absolutely no progress what so ever.

I don't consider myself a vindictive person but its getting to the point where I will actively warn aircoin 2.0 users exactly what happened to aircoin 'beta' users. This is fast becoming a huge joke with us being screwed over as the punchline.

The sort of treatment the dev team has shown us is more than enough to bury a company out in the real world which is ironically what the "AIA" claim to be.

patiently waiting for the next non-update.

[alexminer]

Nice, after I finally lost hope in a team and sold ALL my AIR for cheap, Alexander shows up. Ohh, well, my trusty R9 290 is on AIR Coin again. Anyway, thanks to all chaps who gave their input on AIR in this thread (I read All of it). Please, team and forum members, consider what I say , how I would act if I were in Alexander shoes:

First, I see no problem of team being students, if anything I feel (if "feel" feels reassuring in this case, lol) it is rather good.
Now back to AIRCOIN 2.0:

Create coin based on X11 hashcode, premine - reasonable to develop coin and services associated with it. First 4 weeks coin should be mined, then % ( up to developers) allocated for holding and keeping wallets online (so the whole network is robust).
At the same time, organize AIR-multipool which will mine most profitable coins including Bitcoin and then buy AIR coin on open market to create pressure on AIR Coin to go up. Add additional services (look what others are working on and implement those that you feel are advantageous to AIR).
Now is my logic behind this plan:
1. We don't need another SCRYPT coin with mining operations taking years, that will create HUGE selling pressure during mining period (years), selling pressure -> lower coin prices ->forcing miners out ->  falling AIR hashrate ( especially in the light of new SCRYPT dedicated miners coming online now).
2. New Scrypt miners will (in coming months) force all CPU/GPU miners to switch to X11 coins (as their is no alternative/choice for them), so at this point in time it would be beneficial to attract a LOT of folks into AIR. You might say that Scrypt miners can benefit Scrypt-based AIRCoin, but I feel it is better to have a lot of small miners then a few big ones (creates huge volatility/uncertainty in the coin)
3. After initial POW is over (lets say 4-6 weeks) POS begins with lets say 1% - 2% yearly inflation, plus tiny bit of interest for transaction incentive.
4. In all of these the role of AIR-multipool is VERY important. AIR-Multipool should be orginized in a manner when those who didn't jump onboard while POW stage was on will have a possibility to "pseudo-mine" during POS stage. Essentially you connect your computer hashpower to AIR-multipool in the following fashion:
AIR-multipool should consist of 3 AIR-multipools:
1.Owners of GPUs connect to GPU based AIR-multipool(GPU/CPU) preying on X11 (otherwise non SCRYPT based coins, as using GPU to compete with Scryptminers for mining Scryptbased coins will be unwise within a few months or even weeks)
2.Scrypt-miners(yes those that are coming online now) will be preying on Scrypt-based coins
3. ASIC-miners (all that are old and considered unefficient in bitcoin world) will be mining Bitcoin and ASIC-based coins.

All these three AIR-multipools shold be selling those coins that they are mining and bying AIRCoin and transfering those freshly bought AIR Coins to owners of GPUs, Acrypt-miners and ASIC-miners, increasing upward pressure for AIR Coin to go up and downward pressure on ALL mined coins simultaneously, including BITCOIN - its main competitor.

Essentially during Prove Of Stake (POS) stage we will still be "pseudo-mining" and "bending" others to benefit AIRCoin.
Keep in mind that during that period, AIRCoin team may/maynot use their "fancy" trading algorithms" to buy/sell AIR to create more gradual rise in value of AIRCoin. Also all those who don't mine (don't use AIR-multipool) of which there should be a lot, will be investing their coins/money at ever higher price of AIRCoin, creating floor in case of sell-offs that AIR developers should try to "smooth out" using their trading technics.
Once Hashing power grows substantially AIRCoin will start living its OWN life. In 1 year or so, when X11 based AIRCoin is succesfull,
arrival of X11-based miners can only be beneficial to it, adding hashpower ->value ->price.
Of course, during all this time, team should work on services for AIRCoin to add value and sence to AIR based new currency.

So what do you think chaps. You may vote, my AIRCoin  address is below, lol.




 

[alexminer]

I would add that AIR, due to its relatively unknown status wouldn't benefit from Scrypt miners coming online as those miners will be used primarily for Litecoin and alike due to their popularity and shear volume (volume is good for dumping large amounts of "freshly" mined coins to pay for new equipment). On the other hand basing AIR on X11 code will get "cooler" running cards (not that much important) and a LOT of new comers (who might not like to leave Scryptland but are forced to due to new superior Scryptbased miners) 

[Tbone123]

I would add that AIR, due to its relatively unknown status wouldn't benefit from Scrypt miners coming online as those miners will be used primarily for Litecoin and alike due to their popularity and shear volume (volume is good for dumping large amounts of "freshly" mined coins to pay for new equipment). On the other hand basing AIR on X11 code will get "cooler" running cards (not that much important) and a LOT of new comers (who might not like to leave Scryptland but are forced to due to new superior Scryptbased miners) 

We use to be like you...

Now look our longest winded member ISAWHIM is down to two sentences on his last post. TWO SENTENCES. Get out man before it's too late and the soul sucking starts. Maybe the DEV team hasn't noticed you yet. It's too late for me kid, I'll distract them while you run.

Hey DEV team, I saw 10k premine transferred to keg-O-Rama at UIC last night please explain (now's yer chance man RUN)

-To your first thought though, I don't care if they are "kids" so was the the guy who proposed Fed EX and many physicist do their most profound work before their  30's  or at least have developed the idea by then.  OK Run

[TheMightyX]

I'm back to check in on the depressing state of things.
Did the premine really get sold?
Are you fucking kidding me.

[ISAWHIM]

We use to be like you...

Now look our longest winded member ISAWHIM is down to two sentences on his last post. TWO SENTENCES....

Just trying to keep the thread alive, and keeping my novel-writing to a minimum. (Just got out of the hospital a week ago. Almost up to 90% operational, at the moment.)

I have been taking advantage of the DIEM movement, as it just opened-up into the BTC market. Getting more BTC to buy AIR. I am still mining it. The mining is great right now. I will be up to 40K-60K if someone dumps more cheap coins. I don't mind that they did all the mining for me. $400 in electricity is expensive. But they are selling them for nearly 1/4 that, when they dump. Their loss, my gain. Makes up for the miners I took offline. Down to my last single miner, which will be gone shortly.

They really do need an update, that is regular, at such an early stage as this coin is in. Even if the update is a plea for help, or just a notice to say that they are still working on the things they last mentioned in the previous update. This coin needs faith and trust. Both of those are so thin at the moment, it isn't even funny.

More than that, it needs a face, not just a shadow.

P.S. No, the premine has NOT been sold-off. (They confirmed that, a few posts back.)