[ANN][STD] StandardCoin - BUILT-IN EXCHANGE - Permanently Rising Rate

[kache]

Can't sync the wallet, anyone can provide nodes?

Same issue.

[hanoosh]

Can't sync the wallet, anyone can provide nodes?

Same issue.

addnode=192.241.153.178

[kache]

Can't sync the wallet, anyone can provide nodes?

Same issue.

addnode=192.241.153.178

Thanks.
Also:
addnode=std.mining4all.eu
addnode=standard.hashing.at

[Kreativekrypto]

This coin if dev stays honest is going to be insanely successful.

even if things go smooth (which will not) just divide amc with mms and see what's your coin fixed price.
Just to help u out cause it seems u cant do a simple calculaltion
curently your mining coins have a fixed price of

1 std=7,08/400.000.000

in more simplified words if for example lets say you are mining with 3mh you ll take 500 coins per day  of aproximate fixed value of 1 satoshi.

if you mine some other 1 satoshi coin youll get 1.500.000
now 1.500.000>500

so you actually have a coin with fixed rate of zero and a happy developer.

It would appear you are correct, except this huge detail you seemed to have overlooked. The more invested equals more gained per coin. I'm sorry you missed that this is  entire point of the coin

[ipominer]

Here's a full list of peers I have currently:

addnode=118.70.190.61:5333
addnode=212.187.104.200:57253
addnode=80.239.117.178:55459
addnode=178.49.118.233:5333
addnode=213.112.192.61:60587
addnode=98.126.190.28:5333
addnode=80.101.168.33:62551
addnode=148.251.80.245:50908
addnode=95.28.188.202:5333
addnode=80.128.87.185:57637
addnode=99.2.202.21:50229
addnode=67.241.250.139:5333
addnode=75.163.129.124:56092
addnode=148.251.80.245:45450
addnode=82.68.43.106:50560
addnode=216.121.249.83:50544
addnode=192.241.153.178:5333
addnode=71.8.44.246:54075
addnode=208.107.130.112:38684
addnode=123.243.191.143:5333
addnode=81.224.110.171:54132
addnode=86.158.183.80:60163
addnode=76.120.153.146:56901
addnode=109.158.148.120:53434
addnode=87.113.61.122:57573
addnode=184.171.213.239:56535
addnode=89.146.60.241:58078
addnode=87.187.7.116:50375
addnode=85.3.43.4:60391
addnode=134.3.176.190:52847
addnode=101.167.59.225:62175
addnode=83.82.233.102:62096
addnode=112.81.142.180:50138
addnode=75.108.19.106:5333
addnode=83.4.170.248:11610
addnode=151.225.170.191:56210
addnode=86.23.84.184:65011

[Turpomann]

Regular Scrypt + KGW. Hmm... I don't know if I should... may get STD... I like new SHA3 coins more.

I don't believe one word what dev claim this coin to be. We've already seen some coins that claim to be anti pump and dump with permanently rising rate. Okay it's better to mine some than be sorry later, just in case.

[ipominer]

We moved our pool off of STD - if you want to mine it with us, we did add a direct port. Just register on the site and connect to stratum+tcp://pool.ipominer.com:3423 instead of our normal :3333 multiport.

@Caterpie69 You just need that list if you're having trouble getting a wallet to sync up. You would put it in your standardcoin.conf file.

[chebruta]

Pool is open join now

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: 1,5%.

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Chat for help

Active Support

[Goldsnk]

Hi frends! Plz make full conf file

[Merratzz]

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[srs2xcvbnm]

Sorry, but however this coin's scheme sounds at least interesting, it makes no sense what so ever.
It is a shameless self pump, actually, or maybe I name it wrong, but it is a failed design.

Imagine this coin from thermodynamic perspective, where your particular system (this coin system)
is a closed one. Now you put energy inside- namely- BitCoins. The total potential (value) of a system
over any available amount of time, stays exactly the same-not taking into account any loss, or dissipation.
Now your system translate the potential (BTC value) into its own new scale- STD. Now the most important
part goes: no matter to how many (thousands or millions) you divide those BTC, the total potential
(value) of a system stay exactly the same. It always will.

Now second most important part, that make me see this as a self pump: because of value of single
particle being connected with a fixed divider of the total potential of a system (value), you will gain
most buying those particles early/low (accumulation) then waiting for others to participate (add potential
to a system), and then dumping your particles- namely- STD, which in turn render other coins to have
less total potential. After all, if you consider the edge of the example- someone will stay with ALL coins,
that has exactly 0 potential (0 BTC in system). It is the starting state of the system, and will be the
ending point of a system, like everything in nature. The most important thing is to know, when to
go out, but you can easily use a half-life point of a system to get most of potential out with you.

If above is not working- then it is even worse! At this point it would be not only a fail, but also a scam.

Many people do not notice this, but as long as the whole chain of work-money-spending is not running
directly in alt coin, the whole system, and each and every coin is exactly the same scheme.

And a simplified version: obstructing the market laws in an encapsulated system means it is dead on arrival.

But I do not mean to hurt anyone, it is really refreshing to see something new.

Also not wanting to lie that I undermined your ideas without any means of profit- soon you will
see something of a true value, something that will not try to hide the fact that it is designed to
scam BTC from others; but not from people who participate (investors, miners), but from the whole coin market,
mostly the ignorants, pump&dump'ers, lazy, and stupid people.

[MineP.it]

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[jomay]

This coin if dev stays honest is going to be insanely successful.

even if things go smooth (which will not) just divide amc with mms and see what's your coin fixed price.
Just to help u out cause it seems u cant do a simple calculaltion
curently your mining coins have a fixed price of

1 std=7,08/400.000.000

in more simplified words if for example lets say you are mining with 3mh you ll take 500 coins per day  of aproximate fixed value of 1 satoshi.

if you mine some other 1 satoshi coin youll get 1.500.000
now 1.500.000>500

so you actually have a coin with fixed rate of zero and a happy developer.

It would appear you are correct, except this huge detail you seemed to have overlooked. The more invested equals more gained per coin. I'm sorry you missed that this is  entire point of the coin

Not sure I understood the initial post, but I'm pretty sure I understand what happens longer term.

Assuming that the dev is trustworth and doesn't run away with BTC or STD... the price guarantee simply puts a lower bound (GER or "price guarantee") on the price, as well as an upper bound (the price you can currently buy from the remaining 50% reserve). The lower bound is at 1/4 of the value invested by early investors and hence they have to accept a possible 75% loss.

The upper bound can be derived as follows:
F = fraction of stored STD available, where 0 <= F <= 1
F/2*MMS = stored STD available
(1/AMC) * F * (MMS/2) = STD's received for one additional BTC invested (there's a tiny rounding approx in here)
(2/F) * (AMC/MMS) = (2/F) * GER = price in BTC/STD to buy from stored STD's

Hence, after the IPO the upper bound is 2*GER. As more people buy from the stored STD the GER goes up and the upper bound increases much faster than the GER.

In other words, after IPO at price z BTC/STD the market price will be between [0.25,0.5]*z BTC/STD or equivalently [1,2]*GER. Whilst it is traded between these bounds NOBODY will buy from the stored STD, but rather from a normal exchange.

Problems:
1) The initial investors in the IPO overpay - they could buy the coin for half of what they paid right after the IPO!
2) The price guarantee is useless as/if more people buy from the stored STD. If 90% of the stored STD were sold the price would be bounded between [1, 20]*GER.
3) The coin cannot go up easily! In addition to the coins generated by the miners there are 50% (!) of the total coins available for sale. Their marginal price is 2x the price paid be the initial investors and goes up slowly as the stored STDs are depleted.
4) The price can actually fall below GER if there are concerns that the dev is trustworthy. See Mt Gox.

Dear initial investors: your only hope can be that more people do not understand the mechanics.

[standardcoin]

Sorry, but however this coin's scheme sounds at least interesting, it makes no sense what so ever.
It is a shameless self pump, actually, or maybe I name it wrong, but it is a failed design.

Imagine this coin from thermodynamic perspective, where your particular system (this coin system)
is a closed one. Now you put energy inside- namely- BitCoins. The total potential (value) of a system
over any available amount of time, stays exactly the same-not taking into account any loss, or dissipation.
Now your system translate the potential (BTC value) into its own new scale- STD. Now the most important
part goes: no matter to how many (thousands or millions) you divide those BTC, the total potential
(value) of a system stay exactly the same. It always will.

Now second most important part, that make me see this as a self pump: because of value of single
particle being connected with a fixed divider of the total potential of a system (value), you will gain
most buying those particles early/low (accumulation) then waiting for others to participate (add potential
to a system), and then dumping your particles- namely- STD, which in turn render other coins to have
less total potential. After all, if you consider the edge of the example- someone will stay with ALL coins,
that has exactly 0 potential (0 BTC in system). It is the starting state of the system, and will be the
ending point of a system, like everything in nature. The most important thing is to know, when to
go out, but you can easily use a half-life point of a system to get most of potential out with you.

If above is not working- then it is even worse! At this point it would be not only a fail, but also a scam.

Many people do not notice this, but as long as the whole chain of work-money-spending is not running
directly in alt coin, the whole system, and each and every coin is exactly the same scheme.

And a simplified version: obstructing the market laws in an encapsulated system means it is dead on arrival.

But I do not mean to hurt anyone, it is really refreshing to see something new.

Also not wanting to lie that I undermined your ideas without any means of profit- soon you will
see something of a true value, something that will not try to hide the fact that it is designed to
scam BTC from others; but not from people who participate (investors, miners), but from the whole coin market,
mostly the ignorants, pump&dump'ers, lazy, and stupid people.

There is no chance that somebody will hold ALL coins with 0 values. The store always has enough BTC to cover all STD on the market.
Nobody except the store itself can hold ALL coins at a specific time.
At a point, when all miners and investors want to dump their STD. There will be 0 STD in circulation and 400,000,000 STD in the store.
The system won't even dead at this point because it's a golden moment for buyers when someone with a small amount of BTC can get a lot of STD from the store.

[escrowguy]

interesting coin

[standardcoin]

This coin if dev stays honest is going to be insanely successful.

even if things go smooth (which will not) just divide amc with mms and see what's your coin fixed price.
Just to help u out cause it seems u cant do a simple calculaltion
curently your mining coins have a fixed price of

1 std=7,08/400.000.000

in more simplified words if for example lets say you are mining with 3mh you ll take 500 coins per day  of aproximate fixed value of 1 satoshi.

if you mine some other 1 satoshi coin youll get 1.500.000
now 1.500.000>500

so you actually have a coin with fixed rate of zero and a happy developer.

It would appear you are correct, except this huge detail you seemed to have overlooked. The more invested equals more gained per coin. I'm sorry you missed that this is  entire point of the coin

Not sure I understood the initial post, but I'm pretty sure I understand what happens longer term.

Assuming that the dev is trustworth and doesn't run away with BTC or STD... the price guarantee simply puts a lower bound (GER or "price guarantee") on the price, as well as an upper bound (the price you can currently buy from the remaining 50% reserve). The lower bound is at 1/4 of the value invested by early investors and hence they have to accept a possible 75% loss.

The upper bound can be derived as follows:
F = fraction of stored STD available, where 0 <= F <= 1
F/2*MMS = stored STD available
(1/AMC) * F * (MMS/2) = STD's received for one additional BTC invested (there's a tiny rounding approx in here)
(2/F) * (AMC/MMS) = (2/F) * GER = price in BTC/STD to buy from stored STD's

Hence, after the IPO the upper bound is 2*GER. As more people buy from the stored STD the GER goes up and the upper bound increases much faster than the GER.

In other words, after IPO at price z BTC/STD the market price will be between [0.25,0.5]*z BTC/STD or equivalently [1,2]*GER. Whilst it is traded between these bounds NOBODY will buy from the stored STD, but rather from a normal exchange.

Problems:
1) The initial investors in the IPO overpay - they could buy the coin for half of what they paid right after the IPO!
2) The price guarantee is useless as/if more people buy from the stored STD. If 90% of the stored STD were sold the price would be bounded between [1, 20]*GER.
3) The coin cannot go up easily! In addition to the coins generated by the miners there are 50% (!) of the total coins available for sale. Their marginal price is 2x the price paid be the initial investors and goes up slowly as the stored STDs are depleted.
4) The price can actually fall below GER if there are concerns that the dev is trustworthy. See Mt Gox.

Dear initial investors: your only hope can be that more people do not understand the mechanics.

You understand the system correctly. But there is a small mistake in your calculation.
(1/(AMC+1)) * F * (MMS/2) = STD's received for one additional BTC invested (there's a tiny rounding approx in here).
Re-calculate with the new formula, you will see that: The initial investors who join the Price Valuation Phase are the ones that buy at the best rate.

And you also forgot that, when someone dump their STD at GER, the stored STD will increase, which mean more STD for new investors, more profit.

[loicatraile]

This coin if dev stays honest is going to be insanely successful.

even if things go smooth (which will not) just divide amc with mms and see what's your coin fixed price.
Just to help u out cause it seems u cant do a simple calculaltion
curently your mining coins have a fixed price of

1 std=7,08/400.000.000

in more simplified words if for example lets say you are mining with 3mh you ll take 500 coins per day  of aproximate fixed value of 1 satoshi.

if you mine some other 1 satoshi coin youll get 1.500.000
now 1.500.000>500

so you actually have a coin with fixed rate of zero and a happy developer.

It would appear you are correct, except this huge detail you seemed to have overlooked. The more invested equals more gained per coin. I'm sorry you missed that this is  entire point of the coin

Not sure I understood the initial post, but I'm pretty sure I understand what happens longer term.

Assuming that the dev is trustworth and doesn't run away with BTC or STD... the price guarantee simply puts a lower bound (GER or "price guarantee") on the price, as well as an upper bound (the price you can currently buy from the remaining 50% reserve). The lower bound is at 1/4 of the value invested by early investors and hence they have to accept a possible 75% loss.

The upper bound can be derived as follows:
F = fraction of stored STD available, where 0 <= F <= 1
F/2*MMS = stored STD available
(1/AMC) * F * (MMS/2) = STD's received for one additional BTC invested (there's a tiny rounding approx in here)
(2/F) * (AMC/MMS) = (2/F) * GER = price in BTC/STD to buy from stored STD's

Hence, after the IPO the upper bound is 2*GER. As more people buy from the stored STD the GER goes up and the upper bound increases much faster than the GER.

In other words, after IPO at price z BTC/STD the market price will be between [0.25,0.5]*z BTC/STD or equivalently [1,2]*GER. Whilst it is traded between these bounds NOBODY will buy from the stored STD, but rather from a normal exchange.

Problems:
1) The initial investors in the IPO overpay - they could buy the coin for half of what they paid right after the IPO!
2) The price guarantee is useless as/if more people buy from the stored STD. If 90% of the stored STD were sold the price would be bounded between [1, 20]*GER.
3) The coin cannot go up easily! In addition to the coins generated by the miners there are 50% (!) of the total coins available for sale. Their marginal price is 2x the price paid be the initial investors and goes up slowly as the stored STDs are depleted.
4) The price can actually fall below GER if there are concerns that the dev is trustworthy. See Mt Gox.

Dear initial investors: your only hope can be that more people do not understand the mechanics.

You understand the system correctly. But there is a small mistake in your calculation.
(1/(AMC+1)) * F * (MMS/2) = STD's received for one additional BTC invested (there's a tiny rounding approx in here).
Re-calculate with the new formula, you will see that: The initial investors who join the Price Valuation Phase are the ones that buy at the best rate.

And you also forgot that, when someone dump their STD at GER, the stored STD will increase, which mean more STD for new investors, more profit.

still .. the catch is that if everyone wants to withdraw there will be at some point no BTC to withdraw anymore.. so it´s a risky run .. who stays in longer ..make profit and can get the money out and who stays to long there

kind of like the system

[standardcoin]

still .. the catch is that if everyone wants to withdraw there will be at some point no BTC to withdraw anymore.. so it´s a risky run .. who stays in longer ..make profit and can get the money out and who stays to long there

kind of like the system

I don't see any risk in the long run here since everybody can take their money out at anytime they like without affecting the GER, in other word: not affecting other investors. When somebody take their BTC out, there will be more STD for new investors, the only effect this action causes is: benefit the future investors.

[Warning__3]

Why did i miss the IPO :S i would have loved me some cheap std, as i hope this coin will have a bright future

[nbphuoc]

Why did i miss the IPO :S i would have loved me some cheap std, as i hope this coin will have a bright future

The IPO has just been started dude: https://standardcoin.net/price_valuation