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greentea
Legendary
Offline
Activity: 1418
Merit: 1002
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March 26, 2014, 01:36:58 PM |
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Guaranteed Exchange Rate:
Lol ...
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Namun
Newbie
Offline
Activity: 56
Merit: 0
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March 26, 2014, 01:45:11 PM |
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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!
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Freew
Newbie
Offline
Activity: 2
Merit: 0
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March 26, 2014, 02:37:03 PM |
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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
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tibbyte
Member
Offline
Activity: 70
Merit: 10
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March 26, 2014, 03:06:36 PM |
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The purse is not synchronized. My operating system is Win 7.
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novocaine
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March 26, 2014, 03:10:26 PM |
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just invested some btc here, i'm expecteded for the best!
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Kreativekrypto
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March 26, 2014, 03:18:20 PM |
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Wow there is already more invested than the daily volume of several shitcoins combined. I knew I was right about STD.
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ghibly79
Legendary
Offline
Activity: 1218
Merit: 1006
Crypto entrepreneur and consultant
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March 26, 2014, 03:30:52 PM |
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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#msg5877531I 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.
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ltcnim
Legendary
Offline
Activity: 914
Merit: 1001
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March 26, 2014, 04:01:57 PM |
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ermhh...do i read the mainpage wrong, or is the current price per coin 0.00000003 btc right now?
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Kreativekrypto
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March 26, 2014, 04:10:11 PM |
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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.
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zeetak
Member
Offline
Activity: 140
Merit: 12
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March 26, 2014, 04:53:39 PM |
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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?
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haggis
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March 26, 2014, 05:34:12 PM |
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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)
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standardcoin (OP)
Newbie
Offline
Activity: 28
Merit: 0
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March 26, 2014, 06:31:31 PM |
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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#msg5877531I 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?
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nbphuoc
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March 26, 2014, 06:36:37 PM |
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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.
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trunzo
Member
Offline
Activity: 106
Merit: 10
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March 26, 2014, 06:47:44 PM |
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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
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stevetrac
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March 26, 2014, 06:52:02 PM |
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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
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novocaine
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March 26, 2014, 07:00:55 PM |
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if the DEVs not run with our coins it will be a very bright future
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Neil
Newbie
Offline
Activity: 3
Merit: 0
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March 26, 2014, 08:33:44 PM |
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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.
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ghibly79
Legendary
Offline
Activity: 1218
Merit: 1006
Crypto entrepreneur and consultant
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March 26, 2014, 08:37:53 PM |
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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#msg5877531I 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).
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