★★★★ [CAIx] ★ First 100% PoS At Launch ★ PSP ★★★★

[smartaction]

This "news" makes it even worse that is was instamined.

So they "pre-mined" 2% of all coins (at that time, over half a million), then they instamine another 1 million coin (keep that a secret). Now they say it is going PoS and there will only be 2 million coins total. So the devs have about 75% of all coins. Then give some bullshit news like a new game on iphone (used for pure pump hype, anyone gonna use this game?)

Devs, since you "openly" premined 2% of all coins then reduced the number of coins by over 90%, are you going to be giving your premine back to the community or something. At the moment, CAI seems like one of the biggest scams in the history of crypto.

I'm not here trying to put down this coin so please don't google pictures of trolls and post them here in response. I just looking for an explanation.

I did address the premine issue before. What will happen is this: We are moving from PoW mining to PoS mining, all the coins in existence by the end of the transition period will be exchanged 1 for 1 from CAI to CAIx. The premine will be held on an open address just like on CAI and will not be competing for PoS blocks. Mining will continue in PoS the premine will be held as an asset for the company and will prevent any one person from owning a 51% of the total coins. Our asset as a company will increase in value by our revenue being used to buy CAIx on the open market from our various projects. We have proven to investors and miners alike that we are not about a quick dump. Our success so far has proven this. And this will continue. We did have the trust from day one and will continue to have it till the day CAIx investments reach into the millions. I am sure by now a lot of the so called developers have noticed, this is not just another alt, and we will get the point straight. We will do what we say we will do, and we will succeed where everyone else failed. Because we have a stake in this success just as every investor. We are not here to cater to the day trader, but to someone who is willing to take a chance on us getting beyond the pump and dump scenario. The alt community is sick of it and we are sick of it as well. If you are afraid to invest in CAIx please do not. If you are here to make a quick profit, the market is free, we can not hold you. But we are sure as hell, are building up CAIx as the next big alt. I said it before and I say it again, CAIx will be the Alt that nobody wants to sell.

It's official, as just stated by the developer. This coin is premined 28%.

Please update the first page.

Also its official that premine will be converted in a "reserve asset", not a coin to dump, and the adress will be public, so everyone will see that devs are fair in their promise, and are not taking profit of it.

What is not official is the definitive number of coins caix, they said that details about POS will come on friday...

[thdillin]

http://danienglish.com.br/wp-content/uploads/2011/06/fishy.jpg

[kryptologist]

This "news" makes it even worse that is was instamined.

So they "pre-mined" 2% of all coins (at that time, over half a million), then they instamine another 1 million coin (keep that a secret). Now they say it is going PoS and there will only be 2 million coins total. So the devs have about 75% of all coins. Then give some bullshit news like a new game on iphone (used for pure pump hype, anyone gonna use this game?)

Devs, since you "openly" premined 2% of all coins then reduced the number of coins by over 90%, are you going to be giving your premine back to the community or something. At the moment, CAI seems like one of the biggest scams in the history of crypto.

I'm not here trying to put down this coin so please don't google pictures of trolls and post them here in response. I just looking for an explanation.

I did address the premine issue before. What will happen is this: We are moving from PoW mining to PoS mining, all the coins in existence by the end of the transition period will be exchanged 1 for 1 from CAI to CAIx. The premine will be held on an open address just like on CAI and will not be competing for PoS blocks. Mining will continue in PoS the premine will be held as an asset for the company and will prevent any one person from owning a 51% of the total coins. Our asset as a company will increase in value by our revenue being used to buy CAIx on the open market from our various projects. We have proven to investors and miners alike that we are not about a quick dump. Our success so far has proven this. And this will continue. We did have the trust from day one and will continue to have it till the day CAIx investments reach into the millions. I am sure by now a lot of the so called developers have noticed, this is not just another alt, and we will get the point straight. We will do what we say we will do, and we will succeed where everyone else failed. Because we have a stake in this success just as every investor. We are not here to cater to the day trader, but to someone who is willing to take a chance on us getting beyond the pump and dump scenario. The alt community is sick of it and we are sick of it as well. If you are afraid to invest in CAIx please do not. If you are here to make a quick profit, the market is free, we can not hold you. But we are sure as hell, are building up CAIx as the next big alt. I said it before and I say it again, CAIx will be the Alt that nobody wants to sell.

It's official, as just stated by the developer. This coin is premined 28%.

Please update the first page.

Also its official that premine will be converted in a "reserve asset", not a coin to dump, and the adress will be public, so everyone will see that devs are fair in their promise, and are not taking profit of it.

What is not official is the definitive number of coins caix, they said that details about POS will come on friday...

"reserve asset" to prevent any group from getting 51%. ROFL at that one. It's okay if the devs have all the coins, lol lol lol they can control the market. If you knew it was 28% premine before joining I think your opinion would be different. I thought crypto was for the people. Not that one group owns a large percentage of the currency.. we're heading towards the 1% owning 99%of a currency.

[thdillin]

Did you say 28% pre-mine???              

http://danienglish.com.br/wp-content/uploads/2011/06/fishy.jpg

[notallthere]

   If all the CAI are being converted to CAIx why not just not convert all that extra premine to CAIx? Am I misunderstanding how this is working?

[solid12345]

Just FYI Tiny Elementals has been out for months and no mention of Caishencoin anywhere on its official website. Plus the devs are Polish!

[thdillin]

Did you say 28% pre-mine AND the Devs are POLISH              

http://danienglish.com.br/wp-content/uploads/2011/06/fishy.jpg

[kryptologist]

  If all the CAI are being converted to CAIx why not just not convert all that extra premine to CAIx? Am I misunderstanding how this is working?

The devs want all the coins.. but don't worry this is good for the coin. Just believe.

[kro55]

Do not like this coin just leave it and go away. I think you can drop exchange rate to buy cheaper .

[Relaxedsense]

Did you say 28% pre-mine AND the Devs are POLISH              

Piss off then, we all know how the crypto game is played. Furthermore, don't discriminate please.

[thdillin]

Did you say 28% pre-mine???              

Do not like this coin just leave it and go away. I think you can drop exchange rate to buy cheaper .

Interesting thing about a "COMMUNITY".  a Community is not sel-FISH...  We make sure everyone knows WHEN:

http://danienglish.com.br/wp-content/uploads/2011/06/fishy.jpg

[CryptoCthulhu]

So this coin was pow chinese-like at first. Now it is gaming backed pos. Quite a lot of changes for me. I'm glad i sold during today's pump.

[bitbd83]

Did you say 28% pre-mine AND the Devs are POLISH              

F*&*7K go away!

I hate troller & FUD er as like DOG shit.

[Relaxedsense]

Did you say 28% pre-mine AND the Devs are POLISH              

F*&*7K go away!

I hate troller & FUD er as like DOG shit.

+1

[thdillin]

Did you say 28% pre-mine AND the Devs are POLISH              

http://danienglish.com.br/wp-content/uploads/2011/06/fishy.jpg

F*&*7K go away!

I hate troller & FUD er as like DOG shit.

Troll?  I cannot believe you called me that.  Seriously... WOW, did I get under someones skin.  GOOD!!!  Because this whole thing STINKS and REEKS of a big:

SCAM

[kro55]

No, because you replays here many times. You made here your private war with CAI.

[BlazinBeaches]

Another big PUMP coming in 20 minutes, this one to 150k.

[treyson]

Wow, what a friggen joke.

So the scammers behind this coin are now openly rationalizing their keeping of a 28% premine and they care so little for the community that they'll just do it and pretend it's not a big deal?  Sorry, if you don't realize this was the intent all along, pull the rug out at a set time and turn their 2% premine into 30% premine, then I have a bridge I'd like to sell ya.  Makes you wonder what else these schemers have in store for folks they lure into the coin.

There's some great things in crypto and some great folks involved, but this coin is a really bad sign of where we are at if it keeps going.

Pure, complete BS and vying for scamcoin of the year, which is saying something.


Screw you guys, I'm pulling my miners off this joke.

[sakr]

CAI official p2pool

Please point your miners (ScryptN) here :

http://thepool.pw:2888

and use your CAI address as username

for example:

vertminer --scrypt-vert -o thepool.pw:2888 -u YourCAIPayoutAddress  -p x


you will receive payments directly to your wallet!

Why use P2Pool:

• You will get better rewards: P2Pools award transaction fees from black rewards to the miners
• Your mined coins will be deposited directly into your wallet, they are never held by any pool "operator" and cannot be lost due to incompetence or fraudulent behaviour.
• P2Pool is DDoS resistant, it is impossible to DDoS the entire peer-to-peer P2Pool network, at best all someone can do is knock a node offline, in which case your client will just switch to one of your failover nodes
• You do not have to register on any pool sites, etc. all you need is a CAI address which you will use as your username, and your rewards will be paid directly into your wallet.
• Even if the node you are using goes down, you will not lose a single microCAI of payment, as the network itself stores your pending rewards, and will distribute them to you as normal.

[kryptologist]

Wow, what a friggen joke.

So the scammers behind this coin are now openly rationalizing their keeping of a 28% premine and they care so little for the community that they'll just do it and pretend it's not a big deal?  Sorry, if you don't realize this was the intent all along, pull the rug out at a set time and turn their 2% premine into 30% premine, then I have a bridge I'd like to sell ya.  Makes you wonder what else these schemers have in store for folks they lure into the coin.

There's some great things in crypto and some great folks involved, but this coin is a really bad sign of where we are at if it keeps going.

Pure, complete BS and vying for scamcoin of the year, which is saying something.


Screw you guys, I'm pulling my miners off this joke.

Just pulled my miners too. BTW I was here at launch and couldn't mine a thing.. although a group of other people were somehow mining much before anyone else could. I agree let's stay away from these scams. Yes you can make some money riding the waves of scams but this is bad for the crypto world.