coinsfuture
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March 20, 2014, 06:10:12 AM |
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Sounds very interesting. Someone please help me understand.
Each coin is worth $1? So the dev has millions in reserve in case people try to cash in the coins? Or is he hoping that the trade value on the exchanges will meet or exceed $1?
The dev of this coin has said that he will provide evidence that the mailout is real... That's better than AUR with their "airdrop". The evidence would need to show that the dev has 48% of $35,000,000 which is $16,800,000. I am not doubting that he does. But i am just wondering if people are aware of the ramifications of what the dev is saying here. He is giving away almost $17 million dollars. If he has proof of that if will make nationwide news. Without proof, then he can just sell coins once it hits the exchanges. Or deal with alot of angry people if the exchange rate does not hold up. Taking someone at face value that they are risking $17 million dollars without proof is not very smart. Anyway I hope this is true, could be very big... Will await the evidence. If people get scammed expecially in silicon valley it will mean bad news for future distributions like this. We will post pictures of vouchers when they are ready, we will also post pictures of the local post offices in silicon valley as we are dropping off the vouchers, we will post pictures of the USPS employee with the vouchers. Any news coverage will be released on here as well, as we expect to have some when the mail drops begin. Posting pictures of vouchers does not prove you have $17,000,000 dollars to risk. You are promising people that they can exchange the vouchers for $1. If the coins only trade at say .50c will you make up the $8.5 million difference? I never promised anyone a $1 exchange rate. What do you mean? Here is a direct quote from your voucher. "Each coin has a dollar value and can be cashed out, traded or held as an investment." Are you aware of the ramifications of that statement? You are promising everyone that your money is backed by USD. I am just trying to help you and the crypto community here. Because people don't seem to be aware of the ramification of your giveaway. You have to be honest on your voucher. It may even constitute fraud. Which could mean legal problems for you, and bad press for the crypto community. The phrase "a dollar value" does not mean exactly $1. It could be worth 1 penny or less. Are you being serious? Silicion valley is in the United States. The official currency is the "Dollar". The dollar is worth 100 cents. I live in the US. Perhaps you are not familiar with the phrase. The "dollar value" could be any value when converted to USD. I am well aware of what the phrase means. It is confusing. Also even just going by your argument, most of silicon valley are highly skilled immigrants. Not sure why you are still arguing this, the dev has already agreed to change it to USD, which is better but not perfect. Reprinting the flyer is a small price to pay IMO.
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dawj20
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March 20, 2014, 06:11:44 AM |
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"A dollar value" = any $ value above 0 "A one dollar value" = $1
There's a clear distinction.
Depends... If I asked you whats the dollar value of an item, then its clear. If i make reference to commodity like gold for example and say. .00001 gram of gold has a dollar value. Some people will think it means the literal wording. ".00001 gram of gold has a dollar value" I'd ask, "a dollar value of how much?" I can see how some may interpret the text literally (and incorrectly) though. Cheers.
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scam_exposer
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March 20, 2014, 06:14:45 AM |
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I can't believe the morons trying to stick up for this pathetic excuse for a cryptocurrency. The entire concept is ridiculous. The second largest concentration of wealth in America is where the 50% premine is going to be distributed according to the OP. This is after a bunch of fools jump onboard and either mine this coin or buy it before the mail drop. The mail drop happens over a month from now giving these scammers plenty of time to dump this shit coin on any fool that is dumb enough to buy it.
Then there's the fact that giving 50% of this coin to the wealthiest people in America is a complete joke to begin with.
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99.999999999999999999999999999999999999999999999999% of all ICO's are SCAMS
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HackaB321
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March 20, 2014, 06:15:52 AM |
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I'm in even if Time Since Last Block 4 hours 30 minutes 22 seconds
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Mega-Pool
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March 20, 2014, 06:16:21 AM |
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What's the address of the premined coins?
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laterbreh
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March 20, 2014, 06:17:23 AM |
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I'm in even if Time Since Last Block 4 hours 30 minutes 22 seconds Our overall stats are under 40% Check the blocks page.
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coinsfuture
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March 20, 2014, 06:18:25 AM |
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I can't believe the morons trying to stick up for this pathetic excuse for a cryptocurrency. The entire concept is ridiculous. The second largest concentration of wealth in America is where the 50% premine is going to be distributed according to the OP. This is after a bunch of fools jump onboard and either mine this coin or buy it before the mail drop. The mail drop happens over a month from now giving these scammers plenty of time to dump this shit coin on any fool that is dumb enough to buy it.
Then there's the fact that giving 50% of this coin to the wealthiest people in America is a complete joke to begin with.
What you are doing is unproductive, expecially the loud text, and Ad hominem attacks. The arguments against the method of distribution may be valid, but there is no way to know, and the dev has stated he will provide proof. Your best option would be to focus on verifying the proof. Your other arguments deal with the problems of capitalism. If you don't like the idea of the rich getting richer, then move to a communist country or create a charity coin.
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SiliconValleyCoin (OP)
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March 20, 2014, 06:19:50 AM |
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What's the address of the premined coins?
They have not matured yet. When they do we will provide the address.
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Cohle
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March 20, 2014, 06:24:17 AM |
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When will the first confirmed coins hit markets?
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scam_exposer
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March 20, 2014, 06:32:21 AM |
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What's the address of the premined coins?
They have not matured yet. When they do we will provide the address. Why not provide the address now? What are you trying to hide?
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99.999999999999999999999999999999999999999999999999% of all ICO's are SCAMS
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scam_exposer
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March 20, 2014, 06:37:48 AM |
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Make a clone of vertcoin. Convince a bunch of lemmings that giving 50% premine to the richest people in America is going to make this coin shoot to the moon, give yourself a month until the supposed mail drop to dump this crap coin on any fool dumb enough to buy it, hope you make mega btc. Cream your jeans as you cash out on all that easy btc.
Did I leave anything about this scam out?
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99.999999999999999999999999999999999999999999999999% of all ICO's are SCAMS
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SiliconValleyCoin (OP)
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March 20, 2014, 06:40:06 AM |
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XjgMzbK6Gc6GqpZu48xsLcKMQEPEvcqeFN <--- premine coins held here
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dbt1033
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March 20, 2014, 06:41:14 AM |
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What's the address of the premined coins?
They have not matured yet. When they do we will provide the address. Why not provide the address now? What are you trying to hide? First you raised hell in the HVC thread. Now you are trying to raise hell here. Troll be gone. All you have ever done is talk shit. You must have a horrible case of halitosis.
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maccd123
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March 20, 2014, 06:41:42 AM |
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Make a clone of vertcoin. Convince a bunch of lemmings that giving 50% premine to the richest people in America is going to make this coin shoot to the moon, give yourself a month until the supposed mail drop to dump this crap coin on any fool dumb enough to buy it, hope you make mega btc. Cream your jeans as you cash out on all that easy btc.
Did I leave anything about this scam out?
That you're worried.
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coinsfuture
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March 20, 2014, 06:42:00 AM |
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Make a clone of vertcoin. Convince a bunch of lemmings that giving 50% premine to the richest people in America is going to make this coin shoot to the moon, give yourself a month until the supposed mail drop to dump this crap coin on any fool dumb enough to buy it, hope you make mega btc. Cream your jeans as you cash out on all that easy btc.
Did I leave anything about this scam out?
Assuming that the dev is legit... What if the idea works? What if the currency catches on... You are still just blowing hot air.
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scam_exposer
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March 20, 2014, 06:44:28 AM |
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What's the address of the premined coins?
They have not matured yet. When they do we will provide the address. Why not provide the address now? What are you trying to hide? First you raised hell in the HVC thread. Now you are trying to raise hell here. Troll be gone. All you have ever done is talk shit. You must have a horrible case of halitosis. And how are the IPO holders of hvc doing? The dev got 173 btc. People are being scammed and losing money. How am I the bad guy?
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99.999999999999999999999999999999999999999999999999% of all ICO's are SCAMS
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eclipse085
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March 20, 2014, 06:49:32 AM |
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will mine this coin!
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dbt1033
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March 20, 2014, 06:50:02 AM |
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What's the address of the premined coins?
They have not matured yet. When they do we will provide the address. Why not provide the address now? What are you trying to hide? First you raised hell in the HVC thread. Now you are trying to raise hell here. Troll be gone. All you have ever done is talk shit. You must have a horrible case of halitosis. And how are the IPO holders of hvc doing? The dev got 173 btc. People are being scammed and losing money. How am I the bad guy? Because people have the ability to make their own decisions? If your true intention is exposing scams, as you say, you should try a different approach. I'd make a new account. People just think you're childish at this point.
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mooseknuckle
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March 20, 2014, 06:53:54 AM |
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I just started mining this ,every share is getting rejected for being above target ,what is this?
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dbt1033
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March 20, 2014, 06:56:07 AM |
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I just started mining this ,every share is getting rejected for being above target ,what is this?
You need to download the vertcoin miner. You will need to set thread concurrency at about 60% of what you normally use. And keep an eye out for hardware errors. If you are getting them, lower intensity until it is no longer an issue. I hope this solves your problem!
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