ReRunRod
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May 01, 2014, 06:25:56 PM |
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i don't understand: i have to mine to have my share?
No, you will get free sharecoin for just submitting the applications. The multipool is for people who want more ShareCoin. BTC mined from multipool will be used to buy ShareCoin on exchanges and sent to them. Here is information about how the BTC will be converted.
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ReRunRod
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May 01, 2014, 06:27:17 PM |
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Can dev explain how the Share coins will be sold for first time and where the obtained bitcoins will go to?
When the coin releases. He will start the ShareCoin movement @ 1 satoshi on the exchange. Don't ask which one because IDK.. From there it is up to us to keep it moving ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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platorin
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May 01, 2014, 07:35:58 PM |
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Dev is probably sleeping at this moment ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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scriptcloud
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May 01, 2014, 07:56:04 PM |
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I like the way how the sharecoin website is created!
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Beoga
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May 01, 2014, 08:01:53 PM |
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When the coin releases. He will start the ShareCoin movement @ 1 satoshi on the exchange. Don't ask which one because IDK.. From there it is up to us to keep it moving ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) What do you think - will bitcoins go to the dev's wallet? If yes - it means that dev just sold premine. If no - where will bitcoins be send? This is very important question.
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ziplibrary (OP)
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May 01, 2014, 08:06:31 PM |
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Quick update: we currently have 1,092 qualified accounts on top of 2,414 accounts applied.
Could you let us know which accounts were qualified and which were not? By puting my account id number on your website I can see, that the countdown is on. Does that mean one is qualified? The same question with yours?? The list of qualified account will be released on May 2 before coins are sent. All qualified and disqualified accounts are published. When the coin releases. He will start the ShareCoin movement @ 1 satoshi on the exchange. Don't ask which one because IDK.. From there it is up to us to keep it moving ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) What do you think - will bitcoins go to the dev's wallet? If yes - it means that dev just sold premine. If no - where will bitcoins be send? This is very important question. Can dev explain how the Share coins will be sold for first time and where the obtained bitcoins will go to?
I already explained on the original post, I'll quote it here again for you: All BTC generated from multipool is used to buy ShareCoins on exchanges. Those ShareCoins will be shared proportionally to miners. The first trade will be done manually. I'll start with 1 satoshi on the exchanges and move the price up gradually. Later trades are automated. All occured trades and open orders are published on the homepage.
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Beoga
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May 01, 2014, 08:22:25 PM |
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What do you think - will bitcoins go to the dev's wallet? If yes - it means that dev just sold premine. If no - where will bitcoins be send?
This is very important question.
Can dev explain how the Share coins will be sold for first time and where the obtained bitcoins will go to?
I already explained on the original post, I'll quote it here again for you: All BTC generated from multipool is used to buy ShareCoins on exchanges. Those ShareCoins will be shared proportionally to miners. The first trade will be done manually. I'll start with 1 satoshi on the exchanges and move the price up gradually. Later trades are automated. All occured trades and open orders are published on the homepage. Yep, I see, but... if I understand you right all bitcoins after selling sharecoins will go to your wallet? Or...?
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DishCatcher
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May 01, 2014, 08:26:17 PM |
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What do you think - will bitcoins go to the dev's wallet? If yes - it means that dev just sold premine. If no - where will bitcoins be send?
This is very important question.
Can dev explain how the Share coins will be sold for first time and where the obtained bitcoins will go to?
I already explained on the original post, I'll quote it here again for you: All BTC generated from multipool is used to buy ShareCoins on exchanges. Those ShareCoins will be shared proportionally to miners. The first trade will be done manually. I'll start with 1 satoshi on the exchanges and move the price up gradually. Later trades are automated. All occured trades and open orders are published on the homepage. Yep, I see, but... if I understand you right all bitcoins after selling sharecoins will go to your wallet? Or...? the btc will go to whoever sell those coins on exchange.anyone who receieve the coins can be.
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ziplibrary (OP)
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May 01, 2014, 08:31:11 PM |
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Yep, I see, but... if I understand you right all bitcoins after selling sharecoins will go to your wallet? Or...?
As I said before, we won't keep any ShareCoin for the team, all coins are distributed fairly to people who applied on the homepage. The list of accounts that received coins will be published. The main purpose of this coin is: FREE and FAIR.
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Beoga
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May 01, 2014, 08:32:44 PM |
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the btc will go to whoever sell those coins on exchange.anyone who receieve the coins can be.
For the first time dev will sell sharecoins so he will get our bitcoins, right? So he will just sell his premine, right? What's the difference with another IPOs?
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Trezi
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May 01, 2014, 08:35:07 PM |
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Hi, I would like to qualify, but I'm not able to compile the source code on Linux (it always went fine for others coins though) . Has anyone managed it?
I am also using linux and have issue compling the source code. You have a sharecoinadress in your signature. How did you mange to get one? I didn't have problems to compile it. Only thing you have to do is on sharecoin-qt.pro to comment the Windows compiling section, like this: # UNCOMMENT THIS SECTION TO BUILD ON WINDOWS # Change paths if needed, these use the foocoin/deps.git repository locations #BOOST_LIB_SUFFIX=-mgw48-mt-s-1_55 #BOOST_INCLUDE_PATH=C:/deps/boost_1_55_0 #BOOST_LIB_PATH=C:/deps/boost_1_55_0/stage/lib #BDB_INCLUDE_PATH=C:/deps/db-4.8.30.NC/build_unix #BDB_LIB_PATH=C:/deps/db-4.8.30.NC/build_unix #OPENSSL_INCLUDE_PATH=C:/deps/openssl-1.0.1g/include #OPENSSL_LIB_PATH=C:/deps/openssl-1.0.1g #MINIUPNPC_INCLUDE_PATH=C:/deps/ #MINIUPNPC_LIB_PATH=C:/deps/miniupnpc #QRENCODE_INCLUDE_PATH=C:/deps/qrencode-3.4.3 #QRENCODE_LIB_PATH=C:/deps/qrencode-3.4.3/.libs The only thing i commented was the very first line in the sequence ; # UNCOMMENT THIS SECTION TO BUILD ON WINDOWS # Change paths if needed, these use the foocoin/deps.git repository locations
#BOOST_LIB_SUFFIX=-mgw48-mt-s-1_55 BOOST_INCLUDE_PATH=C:/deps/boost_1_55_0 BOOST_LIB_PATH=C:/deps/boost_1_55_0/stage/lib BDB_INCLUDE_PATH=C:/deps/db-4.8.30.NC/build_unix BDB_LIB_PATH=C:/deps/db-4.8.30.NC/build_unix OPENSSL_INCLUDE_PATH=C:/deps/openssl-1.0.1g/include OPENSSL_LIB_PATH=C:/deps/openssl-1.0.1g MINIUPNPC_INCLUDE_PATH=C:/deps/ MINIUPNPC_LIB_PATH=C:/deps/miniupnpc QRENCODE_INCLUDE_PATH=C:/deps/qrencode-3.4.3 QRENCODE_LIB_PATH=C:/deps/qrencode-3.4.3/.libs Thx for reminding me, worked without problems
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Beoga
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May 01, 2014, 08:35:40 PM |
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I am sorry, a part of coins will send to all participants, right, but I did ask about another part that will be sold.
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ziplibrary (OP)
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May 01, 2014, 08:39:12 PM |
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I am sorry, a part of coins will send to all participants, right, but I did ask about another part that will be sold.
Wrong! All of the coins are sent to participants, not part of them.
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qiwoman
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May 01, 2014, 08:42:39 PM |
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It says distribution will end of 5th of May. I haven't as yet received the coins so how do I check that I am not disqualified? I am a legitimate member of Bitcoin Talk and also want to make a blog post on it too and help the coin. I saw this: qiwoman SNxqDdfUabkVHiRPB144u58tKYwjZA32Sz 3 days 3.95 hours left Does this mean I am o.k yes? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I am also looking forward to the exchange. I will blast it everywhere and also trade there myself. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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ziplibrary (OP)
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May 01, 2014, 08:48:46 PM |
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I have a good news. The development of ShareCoin's exchange is going very well. We can possibly launch the exchange this week. Here are some screenshot of the development progress, The website is coded with Ruby on Rails: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FgSInq3X.png&t=665&c=0LXZYwI6kvG0Lw) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FZsu6Flj.png&t=665&c=W51XzIH-5QUBdQ)
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kstar
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May 01, 2014, 08:56:15 PM |
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Wow... This looks very nice. Since the owner of the exchange will be the coin owners, how do you intend to share the profits among them? Or loss for that matter.
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GiorgosK
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May 01, 2014, 09:00:37 PM |
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It says distribution will end of 5th of May. I haven't as yet received the coins so how do I check that I am not disqualified? I am a legitimate member of Bitcoin Talk and also want to make a blog post on it too and help the coin. I saw this: qiwoman SNxqDdfUabkVHiRPB144u58tKYwjZA32Sz 3 days 3.95 hours left Does this mean I am o.k yes? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I am also looking forward to the exchange. I will blast it everywhere and also trade there myself. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) had the same question actually I am in that list does this mean qualified ?
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BitBay - The Future of Free Markets | BCT thread | https://bitbay.market Dynamic Peg - Whitepaper out - Working implementation to be released soon Web Markeplace coming Fall 2018
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mugwampbro
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May 01, 2014, 09:18:38 PM |
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Dev is probably sleeping at this moment ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) IN HOPES OF KILLING THE SUBVERSIVE MOVEMENT KNOWN AS "ALTCOINS" ...ALL DEVS OF ALL COINS HAVE BEEN BEAMED UP AND BANISHED TO THE PLANET "IXNAR"
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Nxtblg
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May 01, 2014, 09:32:33 PM |
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I have a good news. The development of ShareCoin's exchange is going very well. We can possibly launch the exchange this week. Here are some screenshot of the development progress, The website is coded with Ruby on Rails:
Just a question: are the underlying transactions in the db guaranteed to be atomic? If you're using MySQL, are you using prepared statements?
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ziplibrary (OP)
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May 01, 2014, 09:42:35 PM |
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Wow... This looks very nice. Since the owner of the exchange will be the coin owners, how do you intend to share the profits among them? Or loss for that matter.
I'll share the revenue, not the profit. The details about fee shares will be published along with the exchange launch. But basically, it works like this: There are total of 100,000 FeeShare which correspond to 100% fees from the exchange. Holding 1 FeeShare in the exchange will give you 0.001% from the exchange. FeeShare can only be purchased directly from the exchange with ShareCoin. But a market of FeeShare/Bitcoin will be opened so people can trade their purchased FeeShares freely.
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