strawie
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 27, 2014, 10:41:06 AM |
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1. Copy & Paste any Coin 2. Premine 3. Profit
This shit seems still to work, I think I might also do a coin and get rich.
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trogdorjw73
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 27, 2014, 07:20:01 PM |
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~ 100 Days Pow Distribution then pure POS after:
- Block Time: 1.5 Minutes - Difficulty Retarget: every block - Confirmations on Transactions: 7 - Confirmations on Mined Blocks: 350 - Fees: Minimum transaction fee of ß0.00005 - Stake Interest: 3% annually - Minimum Stake Age: 2 days - Secure and Open Source
Distribution:
- Scrypt - Total Coins: ß1,000,000,000 - Block Reward: ß10000 - Total Blocks: 100,000 - POS After Block: 100,000 - Premine 3% for growth bounties, network maintenance, and coin expansion. - Port TBD
Do we have a failure at math yet again, or just poorly communicated information? 100K blocks at 1.5 minutes each should take 104 days, so that's okay, but 10K block rewards with 100K blocks works out to... 1,000,000,000. So in 104 days BLU is totally dead. Or are you saying there is technically NO UPPER LIMIT on the number of BLU coins, and that PoS will generate 3% annually? If that's the case, it should be properly proclaimed in the list of specs, e.g. "3% annual inflation". (In case anyone is wondering, based on the source code it appears to be the latter.)
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BlueCoiner (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 28, 2014, 12:57:19 AM |
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~ 100 Days Pow Distribution then pure POS after:
- Block Time: 1.5 Minutes - Difficulty Retarget: every block - Confirmations on Transactions: 7 - Confirmations on Mined Blocks: 350 - Fees: Minimum transaction fee of ß0.00005 - Stake Interest: 3% annually - Minimum Stake Age: 2 days - Secure and Open Source
Distribution:
- Scrypt - Total Coins: ß1,000,000,000 - Block Reward: ß10000 - Total Blocks: 100,000 - POS After Block: 100,000 - Premine 3% for growth bounties, network maintenance, and coin expansion. - Port TBD
Do we have a failure at math yet again, or just poorly communicated information? 100K blocks at 1.5 minutes each should take 104 days, so that's okay, but 10K block rewards with 100K blocks works out to... 1,000,000,000. So in 104 days BLU is totally dead. Or are you saying there is technically NO UPPER LIMIT on the number of BLU coins, and that PoS will generate 3% annually? If that's the case, it should be properly proclaimed in the list of specs, e.g. "3% annual inflation". (In case anyone is wondering, based on the source code it appears to be the latter.) 1 Billion PoW coins total. 3% annual PoS inflation. Changed in the main thread.
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TheFridge
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 28, 2014, 02:18:29 AM |
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~ 100 Days Pow Distribution then pure POS after:
- Block Time: 1.5 Minutes - Difficulty Retarget: every block - Confirmations on Transactions: 7 - Confirmations on Mined Blocks: 350 - Fees: Minimum transaction fee of ß0.00005 - Stake Interest: 3% annually - Minimum Stake Age: 2 days - Secure and Open Source
Distribution:
- Scrypt - Total Coins: ß1,000,000,000 - Block Reward: ß10000 - Total Blocks: 100,000 - POS After Block: 100,000 - Premine 3% for growth bounties, network maintenance, and coin expansion. - Port TBD
Do we have a failure at math yet again, or just poorly communicated information? 100K blocks at 1.5 minutes each should take 104 days, so that's okay, but 10K block rewards with 100K blocks works out to... 1,000,000,000. So in 104 days BLU is totally dead. Or are you saying there is technically NO UPPER LIMIT on the number of BLU coins, and that PoS will generate 3% annually? If that's the case, it should be properly proclaimed in the list of specs, e.g. "3% annual inflation". (In case anyone is wondering, based on the source code it appears to be the latter.) 1 Billion PoW coins total. 3% annual PoS inflation. Changed in the main thread. So Bluecoiner, where are these Bounty's that you premined 3 percent for? Even after you dumped most of them a couple of days ago causing the price to tumble, at today's shitty rate there still should be 10 BTC or so left. It only costs you half a BTC for coingen to make the coin. So what sort of network maintenance and dev support does this coin clone need? 10BTC worth?
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qumatru
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 28, 2014, 10:38:40 AM |
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i'm also feeling enraged by the fact that i bought in at 500sats and now i'm 20-30 times the price which seems a pretty big hole to recover from to be honest!
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One Six
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 28, 2014, 10:51:54 AM |
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i'm also feeling enraged by the fact that i bought in at 500sats and now i'm 20-30 times the price which seems a pretty big hole to recover from to be honest!
I bought at 660 and sold at 250. Much loss for me as well. Very bad judgement. The coin is dead already.
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jdebunt
Legendary
Offline
Activity: 1596
Merit: 1010
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 28, 2014, 12:27:32 PM |
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ihatemyjob
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 112
Merit: 10
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 28, 2014, 02:45:57 PM |
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is this coin becoming worthless?
I brought a bunch and now I kind of regret it.
Dev can you do something about this? like invent something new?
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BlueCoiner (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 28, 2014, 07:46:41 PM |
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~ 100 Days Pow Distribution then pure POS after:
- Block Time: 1.5 Minutes - Difficulty Retarget: every block - Confirmations on Transactions: 7 - Confirmations on Mined Blocks: 350 - Fees: Minimum transaction fee of ß0.00005 - Stake Interest: 3% annually - Minimum Stake Age: 2 days - Secure and Open Source
Distribution:
- Scrypt - Total Coins: ß1,000,000,000 - Block Reward: ß10000 - Total Blocks: 100,000 - POS After Block: 100,000 - Premine 3% for growth bounties, network maintenance, and coin expansion. - Port TBD
Do we have a failure at math yet again, or just poorly communicated information? 100K blocks at 1.5 minutes each should take 104 days, so that's okay, but 10K block rewards with 100K blocks works out to... 1,000,000,000. So in 104 days BLU is totally dead. Or are you saying there is technically NO UPPER LIMIT on the number of BLU coins, and that PoS will generate 3% annually? If that's the case, it should be properly proclaimed in the list of specs, e.g. "3% annual inflation". (In case anyone is wondering, based on the source code it appears to be the latter.) 1 Billion PoW coins total. 3% annual PoS inflation. Changed in the main thread. So Bluecoiner, where are these Bounty's that you premined 3 percent for? Even after you dumped most of them a couple of days ago causing the price to tumble, at today's shitty rate there still should be 10 BTC or so left. It only costs you half a BTC for coingen to make the coin. So what sort of network maintenance and dev support does this coin clone need? 10BTC worth? Either you have not been paying attention, or your intent is to spread FUD! We have given out over 11 million BLU's to developers who have participated in building the ecosystem. How do you think we have so many exchanges, pools, and services already taking BLU? We launched less than a week ago and already have 5 exchanges, over a dozen pools, and 3 gaming sites. There is still 14 million BLU's in the public premine address which we're giving away gradually as more businesses and services start accepting BLU. One more thing: This is not a coingen coin... We're sick of hearing this. Coingen doesn't even support PoS iterations.... We have an active full stack linux developer on board who is watching this thread and will jump in whenever he's needed....
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Mishiwaka
Newbie
Offline
Activity: 47
Merit: 0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 28, 2014, 09:25:29 PM |
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WTF ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Confirmations is stuck... My solo blocks and pool blocks are still not confirmed and stays at 50 confirmations left ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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BlueCoiner (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 29, 2014, 12:06:47 AM |
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We need more miners!
Difficulty is ultra low right now!
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frankkkkkkk
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 29, 2014, 12:18:05 AM |
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black、white、yellow,and now here is blue...my god
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BlueDice
Newbie
Offline
Activity: 2
Merit: 0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 29, 2014, 01:27:12 AM |
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BlueDice.io | Free Unlimited BLU | 1% Edge | Instant Cashout
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qumatru
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 29, 2014, 03:34:10 AM Last edit: April 29, 2014, 05:16:13 AM by qumatru |
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We need more miners!
Difficulty is ultra low right now!
we as miners need a price so we can mine... this right now is bullshit. who dumped and killed the price? you? who dun' it?
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BlueCoiner (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 29, 2014, 06:39:32 AM |
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We need more miners!
Difficulty is ultra low right now!
we as miners need a price so we can mine... this right now is bullshit. who dumped and killed the price? you? who dun' it? We were going through a price discovery phase. The price was driven down through a cumulative effort, and not singular. I believe we've hit the bottom, and with more and more services coming out every day accepting BLU, the time will come when these prices and sellers looking to get out will look insane. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Till then I'll sit on my BLU's and wait for the 3% stake phase.
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matoy
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 29, 2014, 07:13:15 AM |
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RUNNING POOL: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fo0mnRsw.png&t=665&c=Zc0C2S1Au6uJCA) -> Come on to http://blue.coins4everyone.com!Our pool is UP and RUNNINGTo get plenty of Blue Coins, just point your miners to: Stratum: stratum+tcp://stratum.coins4everyone.comPort: 4326Algorithm: scrypt Username: Weblogin.Worker Password: Worker Password and then relax... We take care of the rest! Benefits of Mining @ coins4everyone.com: * based in Europe * incredible uptime * fast dedicated servers w/redundancy, triple layer DDoS protection * only 1% fee * pplns * nice & caring support * trustworthy & skilled admins Come on, we need more hash power, point your miners to our pool and let.s spread hashrate! ;-)
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