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

[tattooist]

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%.

Ssl Secure

Chat for help

Active Support

great pool!

[greentea]

Guaranteed Exchange Rate:

Lol ...

[Namun]

Join us at the most awesome StandardCoin pool ... http://standard.hashing.at/

- only 1% fee
- payments are sent every 5 minutes
- lightning fast servers
- only one account is required for all the coins we support
- custom (clean) interface
- ticket based support system - http://help.hashing.at/
- IRC #hashing @ Freenode

So if you got tired of high fees, slow servers or having to create many accounts on different sites ... give us a shot!

[anarchyx914]

Mining it!

[Freew]

Hello Everyone


http://std.pool-to-pool.com/Standard.png



Here is new stable Standardcoin Mining Pool
 

http://std.pool-to-pool.com

 
-->>>  First 30 User flagged to no fee for live time!!!

Overview:

- Location EU (Germany)

- VARDIFF SUPPORT
- LOW FEE 1%
- SECURE SERVER
- Prop PAYOUT

- 10Gb/s FIBER OPTICAL CONNECTION
 
everyone is welcome...

Thanks
 Merratzz

pool-to-pool.com Team

NICE AND FAST ;-) This is a place to stay

[tibbyte]

The purse is not synchronized. My operating system is Win 7.

[novocaine]

just invested some btc here, i'm expecteded for the best!

[Kreativekrypto]

Wow there is already more invested than the daily volume of several shitcoins combined. I knew I was right about STD.

[ghibly79]

So you are basically using initial btc investment to buy back mined std.
If no new investors come to replenish btc reserves they'll eventually run out and someone will be left holding 0 value coins.
It's a blatant Ponzi.

No, each STD will worth at least at the GER. This is permanent.
The system won't need any new investor to replenish anything.
It just works.

Please read this post, I explained it there.
https://bitcointalk.org/index.php?topic=522874.msg5877531#msg5877531

I read it, and my comment still holds true. Fixed initial btc reserve, more STD being produced = 0 btc left if more people sell than people are buying (as it is obvious with any market). Initial btc reserve can cover this for some time but not forever, unless new investors come (as with any Ponzi).
Blatant Ponzi and really cracks me up seeing so many people not figuring out for pages and pages xD
No amount of pseudo mathematical complexity can cover up this fundamental flaw, though you will get some noob confused enough to buy in, it seems.

[ltcnim]

ermhh...do i read the mainpage wrong, or is the current price per coin 0.00000003 btc right now?

[Kreativekrypto]

If 1250 btc are invested the ger per coin is over 300 satoshis. This sounds like a lot but Blackcoin had over 1k btc volume just yesterday. So you can see how this will snowball.

The only part I'm curious about is how an exchange would factor in this coin. Not including the built in one.

[zeetak]

I read it, and my comment still holds true. Fixed initial btc reserve, more STD being produced = 0 btc left if more people sell than people are buying (as it is obvious with any market). Initial btc reserve can cover this for some time but not forever, unless new investors come (as with any Ponzi).
Blatant Ponzi and really cracks me up seeing so many people not figuring out for pages and pages xD
No amount of pseudo mathematical complexity can cover up this fundamental flaw, though you will get some noob confused enough to buy in, it seems.

Never underestimate the ridiculousness of noobs. Case in point: Dogecoin is a thing. The THIRD most used crypto. Who woulda thought?

[haggis]

Can somebody plz tell me where to download the wallet? I can't find it on standardcoin.net 

https://www.dropbox.com/s/gccgqeyxhipku62/Standardcoin-Qt-Windows-1.0.0.0-nopass.zip

I need the source as I don't have windows. Thank you anyway!

@standardcoin
Is this a windows only coin?

Mac OS: https://www.dropbox.com/s/z7hvwoalx7j7fhc/Standardcoin-Qt-Mac-1.0.0.1-nopass.zip
Source: https://github.com/standardcoin-dev/standardcoin
You can find those links at: https://standardcoin.net/

Thanks! At the 5th time searching the page I finally see the links now. Please reconsider to separate them more from the specification items. It's nearly invisible (at least for me)

[standardcoin]

So you are basically using initial btc investment to buy back mined std.
If no new investors come to replenish btc reserves they'll eventually run out and someone will be left holding 0 value coins.
It's a blatant Ponzi.

No, each STD will worth at least at the GER. This is permanent.
The system won't need any new investor to replenish anything.
It just works.

Please read this post, I explained it there.
https://bitcointalk.org/index.php?topic=522874.msg5877531#msg5877531

I read it, and my comment still holds true. Fixed initial btc reserve, more STD being produced = 0 btc left if more people sell than people are buying (as it is obvious with any market). Initial btc reserve can cover this for some time but not forever, unless new investors come (as with any Ponzi).
Blatant Ponzi and really cracks me up seeing so many people not figuring out for pages and pages xD
No amount of pseudo mathematical complexity can cover up this fundamental flaw, though you will get some noob confused enough to buy in, it seems.

Even all (Yes, ALL, not a lot not a ton, it's ALL)  the coins are dumped there are always enough BTC to buy back at the GER because GER = AMC/MMS (MMS = Max money supply, Max money supply means that the maximun amount of coins that can exist).
Can you give me an example when the stored BTC can not cover all the dumped coins?

[nbphuoc]

If 1250 btc are invested the ger per coin is over 300 satoshis. This sounds like a lot but Blackcoin had over 1k btc volume just yesterday. So you can see how this will snowball.

The only part I'm curious about is how an exchange would factor in this coin. Not including the built in one.

My theory:
STD will be traded on an exchange between 2 rate: the GER (floor rate) and the rate at which the main exchange is selling coin (ceil rate).
As there is a floor rate, no panic dump, nobody want to sell below the GER, strong buy support, more buyers than sellers. Price will go up until it breaks the  ceils rate and create new floors.

[trunzo]

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

[stevetrac]

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

you didn't miss it you can still get in for about 6 days check the main website
https://standardcoin.net/price_valuation

[novocaine]

if the DEVs not run with our coins it will be a very bright future

[Neil]

ALL MINERS HAVE TO INVEST IN THIS COIN AND HAVE  TO PROMOTE IT
WHY?
At this time with 1 MH/s per day you would get 270 STD.
To get 0.00571 Bitcoin/day (like on Clervermining) we would need a GER of  2115 SAT. To reach that we have to invest 8446 mor BTC.
  OMG
Aaaaand on this point I of the calculation i have to stop, im horrified by that number, 8446 BTC . I hope someone can tell me that my calculations are wong???

Fuck I have to get out of this, save my electricity costs and invest that money in STD.

[ghibly79]

So you are basically using initial btc investment to buy back mined std.
If no new investors come to replenish btc reserves they'll eventually run out and someone will be left holding 0 value coins.
It's a blatant Ponzi.

No, each STD will worth at least at the GER. This is permanent.
The system won't need any new investor to replenish anything.
It just works.

Please read this post, I explained it there.
https://bitcointalk.org/index.php?topic=522874.msg5877531#msg5877531

I read it, and my comment still holds true. Fixed initial btc reserve, more STD being produced = 0 btc left if more people sell than people are buying (as it is obvious with any market). Initial btc reserve can cover this for some time but not forever, unless new investors come (as with any Ponzi).
Blatant Ponzi and really cracks me up seeing so many people not figuring out for pages and pages xD
No amount of pseudo mathematical complexity can cover up this fundamental flaw, though you will get some noob confused enough to buy in, it seems.

Even all (Yes, ALL, not a lot not a ton, it's ALL)  the coins are dumped there are always enough BTC to buy back at the GER because GER = AMC/MMS (MMS = Max money supply, Max money supply means that the maximun amount of coins that can exist).
Can you give me an example when the stored BTC can not cover all the dumped coins?

Should I, really?

Let's say initial investors put in 400 btc and got 100 mil STD. GER is 400/400'000'000=0.000001
Let's say no new investor come. 300mil std will be mined and sold, and you have to use those 400 btc to buy them at 0.000001 for a total of 300 btc considering a fixed GER for simplicity (actually it's even worse because those btc used to buy miners' dump count in for AMS, increasing GER so you'll be able to buy back far less than all 300 mils before running out of btc). Then, after the mining process is finished 100 btc will be left (actually not even that, see previous parenthesis, but let's simplify). If initial investors want to withdraw now, they can only get 100 btc out of 400 invested.

Another scenario: let's say 100mil mined STD are bought by new investors, not you. For simplicity let's say all in one go. That will net 100 more btc at 0.000001. So now AMS=500 and GER=500/400'000'000=0.00000125
Let's say no new investors from now on. 200 more mil are mined and sold at 0.00000125 each for a total of 250 btc (with the same simplification: let's not consider this will raise GER, cause this will make the rest of the explanation even worse anyway). Now initial investors+new investors want to convert their 200mil back to btc, but they can only get the 250 remaining btc, out of 500 total investment (again, for simplicity, let's say they sell all in one go and GER stays the same. Actually it should go higher according to the system, but it doesn't change anything: they'll just buy back those 250 remaining btc with less STD and be left with 250 btc and some mil of useless STD).