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zidansz
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May 04, 2014, 11:46:15 AM |
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DEV should have kept at least 3m YC for himself. This way, he can set up price walls on major exchanges, so that YC is NEVER UNDERVALUED.
11% at now |
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Little_boo
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May 04, 2014, 12:17:43 PM |
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Explain to me why you need multipul if POW generation has already ended? |
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ouchmefoot
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May 04, 2014, 12:23:21 PM |
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Explain to me why you need multipul if POW generation has already ended? Most multipools work like this: 1. You mine whatever is most profitable at the time e.g. whatever is top of coinwarz 2. You sell what is mined for BTC 3. You use the BTC to buy YC 4. Distribute the YC to the miners based upon how much they hashed This has the effect of giving the miner more YC and pushes the price up because of the purchases in step 3. HTH |
PostCoin:PYrnF6rLzvERtS73rRc76fpP4QCKP2WJS4
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rudius
Member
 Offline
Activity: 84
Merit: 10
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May 04, 2014, 12:30:11 PM |
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When you check that Yellow coin only have a marketcap of $70K, and shitcoin like Whitecoin has $900k and Blackcoin $10,000K, then i'm sure that we are pretty undervalued. Now that we have a multipool too... people cannot mine anymore, so it all depends on us, when we want to sell our coins, if there are a few big bag holders holding on, then we can see 5000sats.
Any thoughts about the huge premine? Do you think big players will find it interesting to invest in YC with this many coins belonging to one person? I would like some insight on this please. What are you talking about? Premine: 0.5% for Dev support, future development and marketing Is 0.5% huge? Can i ask you a question? How many hours do you think that DEV is working on his coin? Do he need to do this for free? Are you also working for free in real life? It is time for the dev to give the premind wallet address!
+1 but won't happen.....guaranteed  Hi folks, as OP state we remine 0.5%(that's 5 M) from day ONE, we can do whatever we want with OUR COIN. We also state we only do things that can add value for YC. Where is our coins now? Seems explain the detaill can help for adding value, then we will do it: 50K to YAbr1PTAvDni9zoF9cMUa93ZtY4dFmCn7Y for Mac qt bounty 2k to Y4kAPZnoynfbYi7YKN7damrNVcLku5HxZv for YC fuacert 1M to YFMgB7NMsjKGvjZmKwpgax57AAXhT6girh for Marketing partner in USA 1M to YHKLkGucuvcRaQP4tBQT4cP2kgYLksBJHw for Our full-time team number(3 Devs+2 Designers+1 marketer) 1M to YPKXY5TZZXbHiabGbkKYKDGVupLuz7FNjb for 1M giveway 200K to Y4zaf8zM3dqSNuTUkzV6pJm7xYKBjBN5qq for marketing in QQ group Still 1.75M stay in our wallet for continue Dev ,Bounties and marketing: 500K bounty for the frst Multipool dedicated to YC. Second giveaway Cover cost to buy Dice code (1 BTC) Node servers cost (more than $1 K per month) Dev more applications Adroind wallet bounty Continue QQ group marketing PR marketing and so on just 1.75M YC we can use. Update for our premined YC: 1,750,000 500,000 - multipool bounty 200,000 - A game site for YC 100,000 - 1 BTC for Dice code 100,000 - For Blackcoin marketing team in China 100,000 - Androind wallet bounty We still have 750,000 YC for Dev, bounties and marketing.  Let's color the MOONWith only the 750,000 YC, we still have to pay 2.5 BTC and more BTC from our own wallet. Why still you think we have HUGE premined YC in this case? + 1 BTC for the mutipool bounty. + 1.5 BTC for the MintPal payment votes. We are not hide anything, you got ABE explorer, source code from day one. I m not saying you are hiding anything. But let face it, it is a huge part of the available coins. You have 5000000 coins from the premine. We can assume that you are staking them at 10% daily. Ok, maybe not all 5,000,000. So let s say you will just double the premine instead of *2,8. So now you have 10,000,000 coins and there is 26,529,417 coins supply according from coinmarketcap. That is roughly 30% of premine with the current coins available.I call that a huge premine and that s the reason why no big players will come to play with you. |
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rudius
Member
Offline
Activity: 84
Merit: 10
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May 04, 2014, 12:33:01 PM |
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DEV should have kept at least 3m YC for himself. This way, he can set up price walls on major exchanges, so that YC is NEVER UNDERVALUED.
Explain to me how dev could set buy wall with 3m YC. To put some buy wall you must have BTC. With this many YC, he can only put sell walls. 3m YC is 11% of currently available coins. This is a huge financial power for the coin. Nobody with half a brain will invest in it. |
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ouchmefoot
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May 04, 2014, 12:46:06 PM |
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I m not saying you are hiding anything.
But let face it, it is a huge part of the available coins. You have 5000000 coins from the premine. Since you didn t give us the address of the premine, we can assume that you are staking them at 10% daily.
Ok, maybe not all 5,000,000. So let s say you will just double the premine instead of *2,8.
So now you have 10,000,000 coins and there is 26,529,417 coins supply according from coinmarketcap. That is roughly 30% of premine with the current coins available.
I call that a huge premine and that s the reason why no big players will come to play with you.
Rudius your logic is very flawed. Firstly, most of the premine is already given away.Secondly, coinmarketcap is 27M NOW but will increase a lot in the next ten days probably to around 60M If the remaming premine was FULLY staked for 10 days it would give the dev approx 1.8 million coins which is 3%, not 30% And that's the very highest percent. Actual % is probably much lower so give the guy a break. It is very much in the devs interest to promote the coin and increase it's value. |
PostCoin:PYrnF6rLzvERtS73rRc76fpP4QCKP2WJS4
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Michael Humis
Newbie
Offline
Activity: 31
Merit: 0
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May 04, 2014, 12:53:32 PM |
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DEV should have kept at least 3m YC for himself. This way, he can set up price walls on major exchanges, so that YC is NEVER UNDERVALUED.
Explain to me how dev could set buy wall with 3m YC. To put some buy wall you must have BTC. With this many YC, he can only put sell walls. 3m YC is 11% of currently available coins. This is a huge financial power for the coin. Nobody with half a brain will invest in it. You are correct. No need to bother him. He was just trolling. |
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cryptobear
Newbie
Offline
Activity: 45
Merit: 0
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May 04, 2014, 01:11:47 PM |
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Multipool profit is 1704.5781 YC per Mh/s * day on scrypt. http://50.19.166.179
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GREEDYJOHN
Legendary
Offline
Activity: 1778
Merit: 1000
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May 04, 2014, 01:23:35 PM |
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DEV should have kept at least 3m YC for himself. This way, he can set up price walls on major exchanges, so that YC is NEVER UNDERVALUED.
Explain to me how dev could set buy wall with 3m YC. To put some buy wall you must have BTC. With this many YC, he can only put sell walls. 3m YC is 11% of currently available coins. This is a huge financial power for the coin. Nobody with half a brain will invest in it. You are correct. No need to bother him. He was just trolling. I WAS SERIOUS. With 3m YC, you can manipulate the market, if you also possess bitcoin. This is not relevant anymore, because DEV only has 750,000 YC from the premine left. |
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GREEDYJOHN
Legendary
Offline
Activity: 1778
Merit: 1000
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May 04, 2014, 01:25:24 PM |
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I am getting a few unconfirmed rejects. What could be causing this?
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pomelo
Member
Offline
Activity: 118
Merit: 10
Mining since early 2013
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May 04, 2014, 02:32:39 PM |
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I keep my wallet open about 14 hours per day. Last stake I've gotten was on 30.04.2014. The amount was 0.0168. Is this normal? People keep saying it takes time for staking to start etc. But it's been 5 days already.
I have the latest wallet and it's unlocked.
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9RRNN8vH6o5srbxPuKU61GuN6i6TPDMwxS XMG
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cryptobear
Newbie
Offline
Activity: 45
Merit: 0
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May 04, 2014, 03:17:53 PM |
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I am getting a few unconfirmed rejects. What could be causing this?
Are you talking about multipool or PoS-mining? |
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GREEDYJOHN
Legendary
Offline
Activity: 1778
Merit: 1000
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May 04, 2014, 03:38:15 PM |
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I am getting a few unconfirmed rejects. What could be causing this?
Are you talking about multipool or PoS-mining? I was talking about POS mining. Thanks |
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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May 04, 2014, 04:17:51 PM |
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When you check that Yellow coin only have a marketcap of $70K, and shitcoin like Whitecoin has $900k and Blackcoin $10,000K, then i'm sure that we are pretty undervalued. Now that we have a multipool too... people cannot mine anymore, so it all depends on us, when we want to sell our coins, if there are a few big bag holders holding on, then we can see 5000sats.
Any thoughts about the huge premine? Do you think big players will find it interesting to invest in YC with this many coins belonging to one person? I would like some insight on this please. What are you talking about? Premine: 0.5% for Dev support, future development and marketing Is 0.5% huge? Can i ask you a question? How many hours do you think that DEV is working on his coin? Do he need to do this for free? Are you also working for free in real life? It is time for the dev to give the premind wallet address!
+1 but won't happen.....guaranteed Hi folks, as OP state we remine 0.5%(that's 5 M) from day ONE, we can do whatever we want with OUR COIN. We also state we only do things that can add value for YC. Where is our coins now? Seems explain the detaill can help for adding value, then we will do it: 50K to YAbr1PTAvDni9zoF9cMUa93ZtY4dFmCn7Y for Mac qt bounty 2k to Y4kAPZnoynfbYi7YKN7damrNVcLku5HxZv for YC fuacert 1M to YFMgB7NMsjKGvjZmKwpgax57AAXhT6girh for Marketing partner in USA 1M to YHKLkGucuvcRaQP4tBQT4cP2kgYLksBJHw for Our full-time team number(3 Devs+2 Designers+1 marketer) 1M to YPKXY5TZZXbHiabGbkKYKDGVupLuz7FNjb for 1M giveway 200K to Y4zaf8zM3dqSNuTUkzV6pJm7xYKBjBN5qq for marketing in QQ group Still 1.75M stay in our wallet for continue Dev ,Bounties and marketing: 500K bounty for the frst Multipool dedicated to YC. Second giveaway Cover cost to buy Dice code (1 BTC) Node servers cost (more than $1 K per month) Dev more applications Adroind wallet bounty Continue QQ group marketing PR marketing and so on just 1.75M YC we can use. Update for our premined YC: 1,750,000 500,000 - multipool bounty 200,000 - A game site for YC 100,000 - 1 BTC for Dice code 100,000 - For Blackcoin marketing team in China 100,000 - Androind wallet bounty We still have 750,000 YC for Dev, bounties and marketing. Let's color the MOONWith only the 750,000 YC, we still have to pay 2.5 BTC and more BTC from our own wallet. Why still you think we have HUGE premined YC in this case? + 1 BTC for the mutipool bounty. + 1.5 BTC for the MintPal payment votes. We are not hide anything, you got ABE explorer, source code from day one. +1 Totally agree, people that are saying that YC is too high pre-mine really need to have a look at other coins... This is (or can be) a great coin, and remember Blackcoin was also trading at 500sats in the beginning and then jump to 80000sats. One question is the max coins really 1,000,000,000? Looks a lot. Maybe some more information how you get to this number. As for example i did a calculation on a coin and it was based on 100 years of mining... those 1,000,000,000 looks also pretty high... |
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placebo
Legendary
Offline
Activity: 1120
Merit: 1000
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May 04, 2014, 04:20:58 PM |
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DEV should have kept at least 3m YC for himself. This way, he can set up price walls on major exchanges, so that YC is NEVER UNDERVALUED.
WE (the community) need to make sure that there is no selling pressure, by holding our coins and don't take the little profit. WE (as community) need to HELP Yellowcoin, with adding services. There is no DEV alone, it is all together. A good coin need both. |
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huige007
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May 04, 2014, 05:00:29 PM |
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10% the interest holding a feel so cool I'm glad ...  |
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nick777
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May 04, 2014, 05:50:41 PM |
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Just received 9826 YC
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Acidyo
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May 04, 2014, 05:58:56 PM |
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Anything else I need to do to have them start staking except download the new wallet?
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RentaMouse
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May 04, 2014, 06:03:26 PM |
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Anything else I need to do to have them start staking except download the new wallet?
Should be all you need, just download and make sure your wallet is unlocked. I was pleasantly surprised to see a PoS reward this morning. |
Currently donating all of our 1% pool fee to the dev fund - mine at CryptonotepoolUK and support XMR at no extra cost! |
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rudius
Member
Offline
Activity: 84
Merit: 10
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May 04, 2014, 06:20:47 PM |
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I m not saying you are hiding anything.
But let face it, it is a huge part of the available coins. You have 5000000 coins from the premine. Since you didn t give us the address of the premine, we can assume that you are staking them at 10% daily.
Ok, maybe not all 5,000,000. So let s say you will just double the premine instead of *2,8.
So now you have 10,000,000 coins and there is 26,529,417 coins supply according from coinmarketcap. That is roughly 30% of premine with the current coins available.
I call that a huge premine and that s the reason why no big players will come to play with you.
Rudius your logic is very flawed. Firstly, most of the premine is already given away.Secondly, coinmarketcap is 27M NOW but will increase a lot in the next ten days probably to around 60M If the remaming premine was FULLY staked for 10 days it would give the dev approx 1.8 million coins which is 3%, not 30% And that's the very highest percent. Actual % is probably much lower so give the guy a break. It is very much in the devs interest to promote the coin and increase it's value. Thank you for clarifying. It isn t what people understand when they first have a look to the spec of this coin. |
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