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Author Topic: [ANN] GoldBars (GDB/GOLD) | KGW | Scrypt | Safe IPO | Rare  (Read 43822 times)
Gold-Bars
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February 27, 2014, 08:49:08 AM
Last edit: March 09, 2014, 02:07:05 AM by Gold-Bars
 #1

Gold Bars Launched

NODES  219.90.245.104
188.226.154.33
addnode=85.72.83.125

Vote for GoldBars! cryptorush.in/index.php?p=vote
http://countingdownto.com/countdown/goldbars-countdown-clock
Download posted! https://mega.co.nz/#!nF1glDKY!oyXjxkOlZr-cgqga_pnL76rcoGiYPhGX48htEttxGrY
Source: https://mega.co.nz/#!vdAXiKDS!E7s2R_bGvOtXprFlD4wBkphQ3dKRXPsQfv4lnbUi03Y

Launches Saturday, 8 March 2014 at 7:30:00 PM   EST   UTC-5 hours
Specifications:

Algorithm: Scrypt
Max bars: Only 400,000!
Block Time: 60 seconds (For fast confirmations)
Difficulty Retarget: Kimoto's gravity well
Block Initial Reward: 0.1 bars per block
Block halving: after 200,000 bars have been minted



Why Gold Bars?

Gold bars is a brand new revolutionary new crypto currency designed specifically to profit you. No matter who you are a miner, investor or even coder Gold Bars is the currency for you. Gold Bars has been specifically designed so you can profit regardless if it is in the short term or long term.
Gold bars is also a currency with a low production rate, this keeps inflation down as less money is created every day unlike bitcoin. Also Gold Bars will have KGW to keep multipools from dumping on investors/buyers.

So what's the plan?

Gold Bars is a currency that has been made with all people in mind. The aim for this coin is to make it so that everybody wins. Many coins you see now days are premined earning the devs have taken a stash of coins and later sell them to profit. The problem with this is that it can crash the coins prices and leave the investors with no money. The idea behind Gold Bars is that the developers still need money to uphold the coin properly without crashing the market. To do this we have come up with the idea to run an IPO.

Having an IPO means everyone has an even chance to buy into Gold Bars without risk. By doing this we will be trying to get a trusted bitcointalk escrow agent to use escrow with us. This way the developers can put the funds to work without crashing the network. We aim to spread out this IPO over the first 2 weeks of launch. This also means there will be no dumping instantly on exchanges.

launch

The next part of the plan is release. We aim to have a completely fair launch. We will upload windows binaries along with the source in a password protected zip file. When it hits launch time we will simultaneously post the password to the files on this website along with bitcointalk and possibly cryptocointalk. This enables a smooth launch that anyone can get in on.

First two weeks

Within the first two weeks our aim is to get this coin onto an exchange reasonably quickly. This gives traders a chance to get in on the coin and buy from a trusted source. This will get the coin moving around in circulation quicker and can give miners a higher reward due to transaction fees.

How can everyone can profit from this?


As stated before there are ways that everyone can profit from this coin. First of all IPO investors will be granted bars at a cheap price which they can later sell at predicted market price to earn a profit, or hold on as will be explained in a minute.
Miners will profit simply from mining the coin. They will earn 0.1 Bars every minute (Spread across the whole network) which they can hold or sell on an exchange etc. And the everyday enthusiest has a chance to earn mining and trading these bars as per usual.

What’s different about Gold Bars?

Gold bars, like all the things we have mentioned before was not designed to be an everyday used cryptocurrency. This is what set’s it apart. It is used to hold wealth. For example if you thought some altcoin prices are about to fall and you want to buy back in after you need a currency to store that in don’t you? So you would sell your coin and move into gold bars. This is because it has been designed to be valuable and sought after. These two things alone are some of the biggest reasons Gold Bars will hold it’s value. We don't want to re invent the wheel (Bitcoin) we just want to make it usable for more things. Why only have bike that uses wheels when you can make a car that uses them? Tongue

Long term goals

One of the biggest goals for Gold Bars is to establish a Gold Bars Exchange, our aim is to do that within the fisrt year although if our IPO is successful enough we may be able to hire a few developers and get started straight away!
Our next biggest goal is to bring various online games that you can spend Gold Bars on.
Our third goal is to start a Gold Bars only shop selling mining gear and such!

How can I get in on the IPO and safely?

We are looking for a trusted escrow agent to deal through so everyone is safe. please PM me if you can do this.
To get in on the IPO you can send BTC to 12TF4A9rGVzESXHez2US5F2bcu47BjhxT1 and then send an email to CryptoGold@outlook.com with your TX ID along with your address and amount of BTC. *Please note* the minimum investment is 0.1 BTC to make sure we are not dealing with minuscule amounts of Bars.  We will also offer a %75 refund up until 48 hours before launch.

Your share in the IPO will be calculated by your % of BTC you invested. This means if you invest 1 BTC and the total IPO is 10 BTC you will end up with 1000 Gold Bars.

This IPO will run until the launch on Saturday, 8 March 2014 at 7:30:00 PM EST UTC-5 hours (New york time)

All funds will be kept record of on the website and there will be a table below.

Investor Number | BTC amount | Gold Bars
     |             |
1          | 0.1 BTC | TBC
2          | 0.2 BTC | TBC
 3          | 0.78 BTC | TBC
4          | 0.4 BTC | TBC
5          | 0.5 BTC | TBC
6          | 0.2 BTC | TBC
7          | 0.2 BTC | TBC
8          | 0.1 BTC | TBC
 9          | 0.17 BTC | TBC
10         | 0.1 BTC | TBC
11         | 0.1 BTC | TBC
12         | 0.1 BTC | TBC
 13         | 0.11 BTC | TBC
 14         | 0.15 BTC | TBC
15         | 16.0 LTC | TBC
16          | 0.3 BTC | TBC
17          | 1.4 BTC | TBC
18          | 0.29 BTC | TBC
19          | 0.25 BTC | TBC
20          | 0.2 BTC | TBC
21          | 0.1 BTC | TBC
22          | 0.5 BTC | TBC
23          | 0.1 BTC | TBC
24          | 0.25 BTC | TBC
20          | 35 LTC  | TBC
Pools

http://goldbars.okaypool.com/  fee is 1%
http://gdb.altcoin-mining.com  var diff with 1% fee
https://gdb.united-miners.com/ Fee of 1%
http://gdb.charityminingpools.com fee of 0.5% that get's donated to the bitgive foundation!
http://gold.coins-pool.com/
http://gold.sumpool.com
http://gdb.mining-man.com
http://gold.coins-pool.com/ fee of 0.5%
http://gold.thomo.vn  0.5%
http://www.xhash.net 0% fee!

Faucets
http://earncryptocoins.com/goldbars
We are currently in the works of getting a dice game and faucet up for launch, will keep updated!


(Please PM me if you want to make one)


Bounties:

0.01 for a good translation (Non google)
Signature space TBC.

Russian page: https://bitcointalk.org/index.php?topic=499275.0;topicseen
German page: https://bitcointalk.org/index.php?topic=500346.0

Conf
listen=1
daemon=1
server=1
rpcuser=[user]
rpcpassword=[password]
rpcport=[port number]
rpcconnect=127.0.0.1
rpcallowip=192.168.0.*

(Ports etc will be posted at set launch time.
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February 27, 2014, 08:50:35 AM
 #2

good logo,  Grin i hopeits no scam.
pinoyminer1977
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February 27, 2014, 08:53:28 AM
 #3

I'm in, no premine.
Gold-Bars
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February 27, 2014, 08:56:55 AM
 #4

good logo,  Grin i hopeits no scam.

We are more than happy to use escrow to prevent users from scam and to show we are legit Smiley

I'm in, no premine.

Glad to hear!
Monetizer
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February 27, 2014, 09:06:20 AM
Last edit: February 27, 2014, 12:08:36 PM by Monetizer
 #5

Not sure what to think yet... Will update with my opinion on this coin.

EDIT: seems legit and fairly promising. Watching closely..
mzfish
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February 27, 2014, 09:18:21 AM
 #6

nice... Grin
temple
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February 27, 2014, 09:23:25 AM
 #7

pool-

███████████████████████████
██████████▀▀         ▀▀████
█████████▀              ▀██
█████████   ▐████████▌   ██
███▀▀             ███▌   ██
██▀               ███▌   ██
██   ▐███████████████▌   ██
██   ▐███               ▄██
██   ▐███            ▄▄████
██   ▐████████▌   █████████
██▄              ▄█████████
███▄▄         ▄▄███████████
███████████████████████████
.
.crosswise.
..........Next Gen Cross-Chain DEX..........
|   TELEGRAM   |    TWITTER    |    DISCORD    |     MEDIUM     |  INSTAGRAM  |
.
...SIGN IN...
loljosh
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February 27, 2014, 09:29:58 AM
 #8

Logo is amazing. Hope the coin will be too.

Any fool can write code that a computer can understand. Good programmers write code that humans can understand.
Gold-Bars
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February 27, 2014, 09:38:53 AM
 #9

pool-

Coin launch is not for more than a week, we are working with pool operators right now to get some ready for pre registration... If you are interested in making one on the other hand PM me to get this going.

Logo is amazing. Hope the coin will be too.

We won't let you down  Smiley
loljosh
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February 27, 2014, 09:46:29 AM
 #10



We won't let you down  Smiley


That's what everyone wants.

Any fool can write code that a computer can understand. Good programmers write code that humans can understand.
Muffnz
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February 27, 2014, 09:47:50 AM
 #11

Plz stop copy-paste shit scrypt algo.
Use another algo, you dont have any innovation with this shitty old algo.
Gold-Bars
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February 27, 2014, 10:36:40 AM
 #12

Plz stop copy-paste shit scrypt algo.
Use another algo, you dont have any innovation with this shitty old algo.

I am sorry you feel that way but I can assure you this is not another copy paste coin. We may consider changing the algo but for now atleast it will stay scrypt as that is what many people want.
StacksToMills
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February 27, 2014, 10:45:03 AM
 #13

This looks pretty good. How many coins will I get if I put in 0.1 BTC?
LordCoder
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February 27, 2014, 10:48:48 AM
 #14

Looking a good coin. Waiting for the launch to start mining.
Gold-Bars
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February 27, 2014, 10:58:20 AM
 #15

This looks pretty good. How many coins will I get if I put in 0.1 BTC?


It all depends on the amount of investors. We are thinking of splitting the IPO into two sections. Early investors would get a slght majority (If the community would want this)
Long answer to a short question is 6,000 minimum as of now with a 10k max.
hostmaster
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February 27, 2014, 11:09:22 AM
 #16

good logo,  Grin i hopeits no scam.

We are more than happy to use escrow to prevent users from scam and to show we are legit Smiley

I'm in, no premine.

Glad to hear!
thanks after last ipo im more skeptical.
Gold-Bars
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February 27, 2014, 11:33:37 AM
 #17

Status Update: Coin looking all good and ready for launch just setting up services etc now. Also is there anyone who is interested for IPO but waiting for escrow? PM me and we may be able to work out a trustworthy provider.
hardalisas
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February 27, 2014, 11:53:57 AM
 #18

keep an eye on this.
barryzand
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February 27, 2014, 11:58:25 AM
 #19

this looks interesting.... nice block reward as well... Wink

so pls... dont screw up the launch like 3/4 of all new coins Wink
Gold-Bars
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February 27, 2014, 12:39:40 PM
 #20

this looks interesting.... nice block reward as well... Wink

so pls... dont screw up the launch like 3/4 of all new coins Wink

Thanks
We have sorted out most things that stuff up many coins on launch. It should be a pretty smooth launch Grin
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