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Author Topic: [ANN][STD] StandardCoin - BUILT-IN EXCHANGE - Permanently Rising Rate  (Read 47927 times)
chebruta
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March 21, 2014, 03:38:23 PM
 #21

We are thinking about setting up a pool https://std.mining4all.eu stay tuned
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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ozie
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March 21, 2014, 04:59:48 PM
Last edit: March 21, 2014, 06:58:46 PM by ozie
 #22

1 % Fee, PPLNS Payout

http://std.qemulab.com

Dedicated Server with SSD Stroage.
Located in professional Datacenter in EU with multiple Upstream Provider and very low latency.
260 Gbit total Upstream (KPN, Tinet, Level3, Cogent, Clano, DECIX, ECIX, AMSIX) with additional DDOS Protection!

Registration now Open!

IRC Support: #qemulab on Freenode
 
tic-tac-totoro
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March 21, 2014, 05:54:53 PM
 #23

And how will you force the GER on the exchanges?
precrime3
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March 21, 2014, 06:19:44 PM
 #24

This actually looks pretty decent, if they can actually somehow encore the fixed rates.

standardcoin (OP)
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March 21, 2014, 06:38:46 PM
 #25

And how will you force the GER on the exchanges?
Nobody is forcing anything.
The GER always exists. The total BTC invested is used to buy back STD at GER.
The exchange at: https://standardcoin.net/exchange is not a free market, nobody is buying or selling there.
You can only buy STD from the store at a fixed rate and dump STD to the store at GER.
You can dump at anytime you want at GER here: https://standardcoin.net/exchange.
There is always enough BTC to buy back STD at GER thanks to the initial investors and future investors.
Is the document unclear? If so let me know so I can fix it.
chebruta
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March 21, 2014, 09:41:14 PM
 #26

Pool is open for pre-registration

Standard Coin Website:                   https://std.mining4all.eu
Standard Coin host/port:     stratum+tcp://std.mining4all.eu:3331



Reward System: Full Stratum/Vardiff system with Prop.

Pool Fee: 0%.

Ssl Secure
nbphuoc
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March 22, 2014, 09:19:30 AM
 #27

If the system works like the dev said and he is not trying to scam for a few bitcoin, this StandardCoin will be huge.
wangdaniel2014
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March 22, 2014, 09:24:21 AM
 #28

sound interested,  but just shit scam.

a fixed , rising rate to BTC ?

is ur poor head crashed by the door?   

ur a 2B
standardcoin (OP)
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March 22, 2014, 01:33:17 PM
 #29

Pool is open for pre-registration

Standard Coin Website:                   https://std.mining4all.eu
Standard Coin host/port:     stratum+tcp://std.mining4all.eu:3331

https://i.imgur.com/XVYYPot.png

Reward System: Full Stratum/Vardiff system with Prop.

Pool Fee: 0%.

Ssl Secure

Your pool is added to the list.
chebruta
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March 22, 2014, 04:46:55 PM
 #30

Pool is open for pre-registration

Standard Coin Website:                  https://std.mining4all.eu
Standard Coin host/port:    stratum+tcp://std.mining4all.eu:3331



Reward System: Full Stratum/Vardiff system with Prop.

Pool Fee: 0%.

Ssl Secure

Your pool is added to the list.

Thanks :-) lets make something of this, good luck dev
vitarian
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March 22, 2014, 06:47:47 PM
 #31

Sweet, ya'll are going to get STD's on the 25th!!!
MASTERCO
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March 22, 2014, 07:32:48 PM
 #32

newbie+no escrow=scam

 this one looks huge and advanced scam

nbphuoc
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March 22, 2014, 07:35:21 PM
 #33

newbie+no escrow=scam

 this one looks huge and advanced scam


Totally Agreed. This is 100% SCAM

But I have to admit that the idea is brilliant. Perhaps someone that is trustable can use the idea and make a coin for us?
standardcoin (OP)
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March 22, 2014, 08:16:01 PM
 #34

newbie+no escrow=scam
 this one looks huge and advanced scam
A huge font size will not make it the truth.
Now it looks as small as it should be Wink

So all coins without Escrow are scams? What a superb conclusion Huh

I've read the Standardcoin website 3 times, and I didn't fully understand about 10% of it.
But just because 10% is to complicated for me doesn't make it a scam.

But lets try it..
I believe this is not a scam until proven.
And "no Escrow" is no proof for a scam.

And did it work? Do you believe me now because my font size is bigger then yours?

I'm not with the Dev team, and just an Pool Op for several coins.
We are going to setup a pool at https://std.mining4all.eu for this coin, and all we can do is hope this is a "good" coin with some nice new ideas behind it.
And if someone has real solid prove or a good founded base to call this a scam coin then I really love to read about it before we fire op our server.
 



Is it really that hard to understand the system?
Which part did you didn't understand? I will try to explain it again.
Basically. The Price can't false because all the BTC that invested into the coin is used to buy back all the coins in the network (even the coins that hasn't been mined yet). So, no matter how many coins are dumped, the price can't fall.
And as more BTC invested, the price will rise.

loicatraile
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March 23, 2014, 06:59:48 PM
 #35

So i think this is a good idea but needs to be better planed..

 One of the most important things for this to work is confidence.. since you (dev) are an anonymous newbie, it is extremely risky for all of us to deposit bitcoin in your exchange. Your fixed exchange idea works like some sort of Bank and for that you shouldn´t be an anonymous entity since the likelihood that you just run away with all bitcoins deposited there is really high for the users. Is like trading with MT Gox but with an annonymus person.

Said so i would recommend all "investors" to work on this with extremely caution.. Im not saying it is a scam but there are some points you (dev) should work.

good luck


p.s here some info about the website domain

WHOIS information for standardcoin.net:***

Domain ID:
Domain Name: standardcoin.net
Created On: 11-Mar-2014 00:00:00
Expiration Date: 11-Mar-2015 00:00:00
Sponsoring Registrar: ENOM (ENOM)
Status: client_transfer_prohibited
Name Server: amy.ns.cloudflare.com
Name Server: gabe.ns.cloudflare.com
Registrant ID: Unknown
Registrant Name: Unknown
Registrant Organization: Unknown
Registrant Street1: Unknown
Registrant Street2: Unknown
Registrant Street3: Unknown
Registrant City: Unknown
Registrant State/Province: Unknown
Registrant Postal Code: Unknown
Registrant Country: Unknown
Registrant Phone: Unknown
Registrant Fax: Unknown
Registrant Email: Unknown
Admin ID: Unknown
Admin Name: Unknown
Admin Organization: Unknown
Admin Street1: Unknown
Admin Street2: Unknown
Admin Street3: Unknown
Admin City: Unknown
Admin State: Unknown
Admin Postal Code: Unknown
Admin Country: Unknown
Admin Phone: Unknown
Admin Fax: Unknown
Admin Email: Unknown
standardcoin (OP)
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March 23, 2014, 07:12:17 PM
 #36

So i think this is a good idea but needs to be better planed..

 One of the most important things for this to work is confidence.. since you (dev) are an anonymous newbie, it is extremely risky for all of us to deposit bitcoin in your exchange. Your fixed exchange idea works like some sort of Bank and for that you shouldn´t be an anonymous entity since the likelihood that you just run away with all bitcoins deposited there is really high for the users. Is like trading with MT Gox but with an annonymus person.

Said so i would recommend all "investors" to work on this with extremely caution.. Im not saying it is a scam but there are some points you (dev) should work.

good luck


p.s here some info about the website domain

WHOIS information for standardcoin.net:***

Domain ID:
Domain Name: standardcoin.net
Created On: 11-Mar-2014 00:00:00
Expiration Date: 11-Mar-2015 00:00:00
Sponsoring Registrar: ENOM (ENOM)
Status: client_transfer_prohibited
Name Server: amy.ns.cloudflare.com
Name Server: gabe.ns.cloudflare.com
Registrant ID: Unknown
Registrant Name: Unknown
Registrant Organization: Unknown
Registrant Street1: Unknown
Registrant Street2: Unknown
Registrant Street3: Unknown
Registrant City: Unknown
Registrant State/Province: Unknown
Registrant Postal Code: Unknown
Registrant Country: Unknown
Registrant Phone: Unknown
Registrant Fax: Unknown
Registrant Email: Unknown
Admin ID: Unknown
Admin Name: Unknown
Admin Organization: Unknown
Admin Street1: Unknown
Admin Street2: Unknown
Admin Street3: Unknown
Admin City: Unknown
Admin State: Unknown
Admin Postal Code: Unknown
Admin Country: Unknown
Admin Phone: Unknown
Admin Fax: Unknown
Admin Email: Unknown
Nobody is depositing anything. The exchange works like this:
  • If you are a buyer, you only need to enter your STD address to the exchange, a BTC address associated with that STD address is generated. You send BTC to that address and a calculated amount of STD will be sent to your STD address automatically.
  • And if you are a seller, you will have to enter your BTC address to the exchange, a STD address associated with that BTC address is generated. You send STD to that address and you will receive BTC to your BTC address at the GER.
So, nobody is risking anything.
The most risky part is the Price Valuation Phase. STD can not be sent instantly because we have to wait for the Price Valuation Phase to end before the exchange can calculate the amount of STD that will be sent to each inital investor.
So you can avoid risking your BTC by waiting for the Price Valuation Phase to end and start investing in the Free Market Phase.
loicatraile
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March 23, 2014, 07:33:28 PM
 #37

So i think this is a good idea but needs to be better planed..

 One of the most important things for this to work is confidence.. since you (dev) are an anonymous newbie, it is extremely risky for all of us to deposit bitcoin in your exchange. Your fixed exchange idea works like some sort of Bank and for that you shouldn´t be an anonymous entity since the likelihood that you just run away with all bitcoins deposited there is really high for the users. Is like trading with MT Gox but with an annonymus person.

Said so i would recommend all "investors" to work on this with extremely caution.. Im not saying it is a scam but there are some points you (dev) should work.

good luck


p.s here some info about the website domain

WHOIS information for standardcoin.net:***

Domain ID:
Domain Name: standardcoin.net
Created On: 11-Mar-2014 00:00:00
Expiration Date: 11-Mar-2015 00:00:00
Sponsoring Registrar: ENOM (ENOM)
Status: client_transfer_prohibited
Name Server: amy.ns.cloudflare.com
Name Server: gabe.ns.cloudflare.com
Registrant ID: Unknown
Registrant Name: Unknown
Registrant Organization: Unknown
Registrant Street1: Unknown
Registrant Street2: Unknown
Registrant Street3: Unknown
Registrant City: Unknown
Registrant State/Province: Unknown
Registrant Postal Code: Unknown
Registrant Country: Unknown
Registrant Phone: Unknown
Registrant Fax: Unknown
Registrant Email: Unknown
Admin ID: Unknown
Admin Name: Unknown
Admin Organization: Unknown
Admin Street1: Unknown
Admin Street2: Unknown
Admin Street3: Unknown
Admin City: Unknown
Admin State: Unknown
Admin Postal Code: Unknown
Admin Country: Unknown
Admin Phone: Unknown
Admin Fax: Unknown
Admin Email: Unknown
Nobody is depositing anything. The exchange works like this:
  • If you are a buyer, you only need to enter your STD address to the exchange, a BTC address associated with that STD address is generated. You send BTC to that address and a calculated amount of STD will be sent to your STD address automatically.
  • And if you are a seller, you will have to enter your BTC address to the exchange, a STD address associated with that BTC address is generated. You send STD to that address and you will receive BTC to your BTC address at the GER.
So, nobody is risking anything.
The most risky part is the Price Valuation Phase. STD can not be sent instantly because we have to wait for the Price Valuation Phase to end before the exchange can calculate the amount of STD that will be sent to each inital investor.
So you can avoid risking your BTC by waiting for the Price Valuation Phase to end and start investing in the Free Market Phase.

Ok, thank you for the information.
 I actually like the idea to keep the price steady. So are you the 50% stakeholder for future investors? an idea to make you fast millionaire
standardcoin (OP)
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March 23, 2014, 07:47:27 PM
 #38

Ok, thank you for the information.
 I actually like the idea to keep the price steady. So are you the 50% stakeholder for future investors? an idea to make you fast millionaire
I am not holding anything. The 50% coins can be bought up anytime, and the Bitcoin that is used to buy up the 50% coins will be used to buy back all the STD in the network. So basically I'm not holding anything for myself.
The main profit I aim for is to charge a small fee per transaction (like 0.5%) and buy some STD for myself in the price valuation phase and hold them until price go up (And of course it has to go up because it can't fall).
loicatraile
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March 23, 2014, 07:51:28 PM
 #39

Ok, thank you for the information.
 I actually like the idea to keep the price steady. So are you the 50% stakeholder for future investors? an idea to make you fast millionaire
I am not holding anything. The 50% coins can be bought up anytime, and the Bitcoin that is used to buy up the 50% coins will be used to buy back all the STD in the network. So basically I'm not holding anything for myself.
The main profit I aim for is to charge a small fee per transaction (like 0.5%) and buy some STD for myself in the price valuation phase and hold them until price go up (And of course it has to go up because it can't fall).


Ok.. again thank you for your answers.. i´m going to risk some BTC into your project and see how it works
good luck!
standardcoin (OP)
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March 23, 2014, 07:53:48 PM
 #40

Did I do the math correctly If I think a Initial investor gets more revenue per BTC invested then if he would invest that same amount later
(assuming the total invested percentage compared to his investment stays about the same) ?

It's difficult to make clear what I mean in English because it's not my native language, but hopefully you'll understand what I'm going for with this.

Actually,
right after the price valuation phase is ended. The first investor who buy will get the same amount as any initial investors.
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