[ANN] Syscoin - Business on the Blockchain - LAUNCHED!

[J9901]

Ok, so there is a pattern forming...

The "unbiased" 3rd party escrow service is a major investor in syscoin..  They gave the dev's plenty of time to get stuff working, so they could leverage the sh!t out of their holdings to make huge coin..  

When the dev's were trying to fork to a new block-chain on monday, I managed to mine a block before they could mine it, and got to see some numbers I'm sure they didn't want seen.

The premine (18% of 2 billion) = 360 million
By monday, the maximum amount of mined coins (128 coins per block x 60 blocks per hour x 48 hours) would be just under 370,000 coins.  Now, that number is is the max, the real number is more like a quarter of that, since the wallet and forking issues kept people from mining most of the time.

So, to create a new block to account for all the coins would be a maximum of 360,370,000.

So this block I mined is pictured below..



So, the numbers are not even close, the block is for 364,222,858 sys.  Lets break that down, shall we?

364,222,858 minus the premine is 4,222,858.

Assuming that the 222,858 is the actual mined coins that needed to get forked to the new chain, that leaves 4,000,000 coins (.2% of 2 Billion) that is unexplained, but a nice bonus for the dev's that noone would question.

Yeah, that's interesting.......................

dis gon' b gud

[kencoles]

This coin will be within 10 rank in coinmarketcap for sure.Why ? The DEv team already trying to make an html site of market place encrypted with Syscoin wallet.So please dont listen to this FUDers.They are just greedy people want huge ROI .

Bahahah what use is a non-anon marketplace? Ebay and gumtree already do this bud, and a whole lot easier, and without giant fees for aliases and listing, and your actually able to delete a listing on ebay We are greedy? For wanting our even money back? And the devs arent? Wanting 1500btc?

Yes you are right, they already have and it is free but lets talk how can we make this market place different and attractive ,we all are willing to make syscoin  a coin for decentralized  market place.To achieve this we need your help and suggestions.

[newuser01]

Ok, so there is a pattern forming...

The "unbiased" 3rd party escrow service is a major investor in syscoin..  They gave the dev's plenty of time to get stuff working, so they could leverage the sh!t out of their holdings to make huge coin..  

When the dev's were trying to fork to a new block-chain on monday, I managed to mine a block before they could mine it, and got to see some numbers I'm sure they didn't want seen.

The premine (18% of 2 billion) = 360 million
By monday, the maximum amount of mined coins (128 coins per block x 60 blocks per hour x 48 hours) would be just under 370,000 coins.  Now, that number is is the max, the real number is more like a quarter of that, since the wallet and forking issues kept people from mining most of the time.

So, to create a new block to account for all the coins would be a maximum of 360,370,000.

So this block I mined is pictured below..



So, the numbers are not even close, the block is for 364,222,858 sys.  Lets break that down, shall we?

364,222,858 minus the premine is 4,222,858.

Assuming that the 222,858 is the actual mined coins that needed to get forked to the new chain, that leaves 4,000,000 coins (.2% of 2 Billion) that is unexplained, but a nice bonus for the dev's that noone would question.

Yeah, that's interesting.......................

Block reward (updated): 128 SysCoin and regenerated network services fees (block reward decays on fixed schedule until rewards fixate at 32 Syscoin until 2bil coin, after which rewards are purely network and service fees).


Add that to the equation and try again

You could easily look at any of the 10 pools that mined this coin and see that block rewards were not 128 because so many people were using the network services.. I hardly saw any blocks with reward below 300 coins.

[varun555]

Ok..... sheeeessh !!!!!!! So many crying hoarse for so long ..... but not going away......

Moolah's time approaches..... only about 5 hours from now..... You people must need to recharge your batteries for the shitstorm...... eh?

In the meantime (if only for heaven's sake / or for the sake of change of mood) if this thing comes around (I'm pro sys)...... what real life benefits/business/etc are we talking about?

Short term?
Long term?

[TheMilkman]

If Moolah finds an excuse not to cancel ICO in the next few hours then they are over.

[slax0r]

I woke up this morning to see that my solo mining rig had found three blocks, however after taking a look at the the transactions, all 3 had been mysteriously sent with a fee equal to the amount of coins that had just been mined.

EXPLAIN PLEASE!!!


my "syscoind listtransactions" with all the mystery sends

[
    {
        "account" : "",
        "address" : "",
        "category" : "send",
        "amount" : 0.00000000,
        "fee" : 0.00000000,
        "confirmations" : 1805,
        "generated" : true,
        "blockhash" : "665cd1912bedb0071694cd337a0697081910248dad764b33a120b9307e7339b9",
        "blockindex" : 0,
        "blocktime" : 1408417595,
        "txid" : "12f5a1faa51c1e44e423f35900481607b57bc96d7a055d203110f7122debcfe1",
        "time" : 1408417595,
        "data" : "",
        "timereceived" : 1408417622
    },
    {
        "account" : "",
        "address" : "",
        "category" : "send",
        "amount" : 0.00000000,
        "fee" : 0.00000000,
        "confirmations" : 0,
        "generated" : true,
        "txid" : "7695343bbe79dab7422c5498407c4a6e9414171d81bd9bdfe201b9ed929609d8",
        "time" : 1408424092,
        "data" : "",
        "timereceived" : 1408424113
    },
    {
        "account" : "",
        "address" : "",
        "category" : "send",
        "amount" : 0.00000000,
        "fee" : -0.00200000,
        "confirmations" : 1090,
        "blockhash" : "abcf2fc13df96b77c1dbbd73be3cb1a3c13e12c6cabb215b7abc00275e947dd3",
        "blockindex" : 2,
        "blocktime" : 1408466291,
        "txid" : "1d3e7a08519ffed178d355e7cd6f713000fcb56ade08edd2a106c58d5d346f9a",
        "time" : 1408466126,
        "data" : "",
        "timereceived" : 1408466126
    },
    {
        "account" : "",
        "address" : "",
        "category" : "send",
        "amount" : 0.00000000,
        "fee" : 0.00000000,
        "confirmations" : 912,
        "generated" : true,
        "blockhash" : "f8db3b22e8af60f52178e84275c2be61bdad4292bc1c3010e797939312f66b9d",
        "blockindex" : 0,
        "blocktime" : 1408476747,
        "txid" : "6d5b74b5fc458443de564246073cf2ba2d8c44e053e083e8084f9dc0a28bb05b",
        "time" : 1408476747,
        "data" : "",
        "timereceived" : 1408476775
    },
    {
        "account" : "",
        "address" : "",
        "category" : "send",
        "amount" : 0.00000000,
        "fee" : 0.00000000,
        "confirmations" : 911,
        "generated" : true,
        "blockhash" : "67cf2adb1deb798b9ff9b61ea3aea2ffcf66e22a4c14e623f306fa5fd5050a0a",
        "blockindex" : 0,
        "blocktime" : 1408476775,
        "txid" : "0cc110017a944c3cbf0c9609484e4b6c39df3753c707ae63620aea69878d43f9",
        "time" : 1408476775,
        "data" : "",
        "timereceived" : 1408476779
    },
    {
        "account" : "",
        "address" : "",
        "category" : "send",
        "amount" : 0.00000000,
        "fee" : 255.61002040,
        "confirmations" : 757,
        "blockhash" : "cf24319884ab7b5e6d5f64246048ddf00a2c07b0d2bfd7fcbeb89ff7f14b658e",
        "blockindex" : 2,
        "blocktime" : 1408485245,
        "txid" : "a3a28d79b5800f759822ddf4c3daa1b65d14140fb695c2cc20abbce835e4bbc2",
        "time" : 1408485210,
        "data" : "",
        "timereceived" : 1408485210
    },
    {
        "account" : "",
        "address" : "",
        "category" : "send",
        "amount" : 0.00000000,
        "fee" : 0.00000000,
        "confirmations" : 527,
        "generated" : true,
        "blockhash" : "9d57d7edd471d0e779ef8d7dae69dcdda66e2dbf505bdb79ce6366410d13e5dc",
        "blockindex" : 0,
        "blocktime" : 1408498657,
        "txid" : "db276866c80f048fd677a03488f394c688b2dc75408bd6f45ebeafc4b9c2fb4a",
        "time" : 1408498657,
        "data" : "",
        "timereceived" : 1408498676
    },
    {
        "account" : "",
        "address" : "",
        "category" : "send",
        "amount" : 0.00000000,
        "fee" : 127.59402040,
        "confirmations" : 441,
        "blockhash" : "cb2224850347ee1c27e49121c22518629e9bd3d2d8d0a526874f3f64fb12d0de",
        "blockindex" : 8,
        "blocktime" : 1408505224,
        "txid" : "af92d8ad48142c5b2aad1aa2eecc829ad9ad90713b126edd2f834d813c025155",
        "time" : 1408504634,
        "data" : "",
        "timereceived" : 1408504634
    },
    {
        "account" : "",
        "address" : "",
        "category" : "send",
        "amount" : 0.00000000,
        "fee" : 0.00000000,
        "confirmations" : 29,
        "generated" : true,
        "blockhash" : "384d91f594cede0dce686b1dee7c270467a5359d08effc51b4f17b15ca7ec8fd",
        "blockindex" : 0,
        "blocktime" : 1408529268,
        "txid" : "2279a285bc718d5911bab1a72e2eecd2c45486f92a18a5fea6f9a477b44abe13",
        "time" : 1408529268,
        "data" : "",
        "timereceived" : 1408529290
    }
]

[kencoles]

If Moolah finds an excuse not to cancel ICO in the next few hours then they are over.

ok then ...What I am getting now is that not  all the investor are asking for refunds,so what if it goes like this way...you will send back the exact amount of syscoin to Moolah then Moolah  will send you back your btc.Do you agree?

[madmartyk]

Ok, so there is a pattern forming...

The "unbiased" 3rd party escrow service is a major investor in syscoin..  They gave the dev's plenty of time to get stuff working, so they could leverage the sh!t out of their holdings to make huge coin..  

When the dev's were trying to fork to a new block-chain on monday, I managed to mine a block before they could mine it, and got to see some numbers I'm sure they didn't want seen.

The premine (18% of 2 billion) = 360 million
By monday, the maximum amount of mined coins (128 coins per block x 60 blocks per hour x 48 hours) would be just under 370,000 coins.  Now, that number is is the max, the real number is more like a quarter of that, since the wallet and forking issues kept people from mining most of the time.

So, to create a new block to account for all the coins would be a maximum of 360,370,000.

This block I mined is pictured below..



So, the numbers are not even close, the block is for 364,222,858 sys.  Lets break that down, shall we?

364,222,858 minus the premine is 4,222,858.

Assuming that the 222,858 is the actual mined coins that needed to get forked to the new chain, that leaves 4,000,000 coins (.2% of 2 Billion) that is unexplained, but a nice bonus for the dev's that noone would question.

Yeah, that's interesting.......................

Did the coins mature?

[dandruff1138]

I don't get why you all are trying to kill this coin?  

MAYBE BECAUSE THEY ARE A BUNCH OF FUCKIN' PSYCHOPATH ADHD RITALIN HUNGRY TROLLS!!!   

How Ironic this is how I imagine a physchopath ADHD RITALIN HUNGRY TROLL would post.  

[MantisCoinDev]

Moolah can't even act neutral, they're one of the biggest SYS holders.

sb said Moolah will hold fund till dev team solved the bugs?does it right?  if so ,god ,it will dump again.  we need to our invest back.

deadline 6pm GMT

there is no deadline, a deadline wasn't discussed. the deal was: failure to deliver will result in a full refund. there was no time discussed with investors, as far as im concerned, faulure to deliver, means failure to deliver said 5 core features on launch. moolah is a scammer, simple. altered secret terms and conditions after launch to protect his 140btc investment in syscoin.

So where is the 1% Premine Address?

original premine address: http://sys.coinzone.info/address/SdT4LVg8BFXfcK6VQP1ALVpk4Wp62YHSAW

which was sent to exchange for quick dump if necessary

new exchange premine address: http://sys.coinzone.info/address/STqv5wokEnanoedaXY9ihAtvM9ppKhyici

as you can see the devs have moved the premine for some 'unknown' reason. seems legit. and its not 1% its 16.3% ~59million syscoin

if you think this is FUD, do research

Is this true? On top of the ipo there is an additional 16.3%?

dont take my word for it. calculate it, its simple maths. the premine is 16.3% of the current supply. they also own a further 15% ontop of the 16.3%, which was purchased through buy walls (250btc) on mintpal, moolah also was allowed to exceed the max buy of 25btc per investor, and has brought 120btc worth, as confirmed by his twitter. so all in all, between  syscoin and moolah, they own over 50% of syscoins, and an additional 1500bitcoins from us investors. seems everyones loaded, except the investors.

Of course they gave the 250 btc back, it's peanuts!!!! Wow

peanuts wouldnt describe it, but hold up, this is kind of a plus for investors with the dev+moolah owning over 50% of syscoin supply, this means if they dont dump, syscoin will never go below 200sat

[damm315er]

Ok, so there is a pattern forming...

The "unbiased" 3rd party escrow service is a major investor in syscoin..  They gave the dev's plenty of time to get stuff working, so they could leverage the sh!t out of their holdings to make huge coin..  

When the dev's were trying to fork to a new block-chain on monday, I managed to mine a block before they could mine it, and got to see some numbers I'm sure they didn't want seen.

The premine (18% of 2 billion) = 360 million
By monday, the maximum amount of mined coins (128 coins per block x 60 blocks per hour x 48 hours) would be just under 370,000 coins.  Now, that number is is the max, the real number is more like a quarter of that, since the wallet and forking issues kept people from mining most of the time.

So, to create a new block to account for all the coins would be a maximum of 360,370,000.

This block I mined is pictured below..



So, the numbers are not even close, the block is for 364,222,858 sys.  Lets break that down, shall we?

364,222,858 minus the premine is 4,222,858.

Assuming that the 222,858 is the actual mined coins that needed to get forked to the new chain, that leaves 4,000,000 coins (.2% of 2 Billion) that is unexplained, but a nice bonus for the dev's that noone would question.

Yeah, that's interesting.......................

Did the coins mature?

Yes.

[kencoles]

Ok, so there is a pattern forming...

The "unbiased" 3rd party escrow service is a major investor in syscoin..  They gave the dev's plenty of time to get stuff working, so they could leverage the sh!t out of their holdings to make huge coin..  

When the dev's were trying to fork to a new block-chain on monday, I managed to mine a block before they could mine it, and got to see some numbers I'm sure they didn't want seen.

The premine (18% of 2 billion) = 360 million
By monday, the maximum amount of mined coins (128 coins per block x 60 blocks per hour x 48 hours) would be just under 370,000 coins.  Now, that number is is the max, the real number is more like a quarter of that, since the wallet and forking issues kept people from mining most of the time.

So, to create a new block to account for all the coins would be a maximum of 360,370,000.

This block I mined is pictured below..



So, the numbers are not even close, the block is for 364,222,858 sys.  Lets break that down, shall we?

364,222,858 minus the premine is 4,222,858.

Assuming that the 222,858 is the actual mined coins that needed to get forked to the new chain, that leaves 4,000,000 coins (.2% of 2 Billion) that is unexplained, but a nice bonus for the dev's that noone would question.

Yeah, that's interesting.......................

Did the coins mature?

Look closely on the numbers ...this picture has been edited with photoshop.Look closely on the immature coin ..it had been replaced.

[helmet]

12 hours left, refund or dev team gets the 1500 btc? Hope a huge buy support at 518 sat when dev team gets the 1500 btc.

why would they? tell me - serious question

Should the Syscoin team fail to make significant verifiable progress, including a fix of the major issues, then Moopay LTD will begin the refund process.

They fixed the major issue Monday. They're just working out a few minor bugs. I don't see any reason why they shouldn't get the money.

[thetruth123123]

12 hours left, refund or dev team gets the 1500 btc? Hope a huge buy support at 518 sat when dev team gets the 1500 btc.

why would they? tell me - serious question

Should the Syscoin team fail to make significant verifiable progress, including a fix of the major issues, then Moopay LTD will begin the refund process.

They fixed the major issue Monday. They're just working out a few minor bugs. I don't see any reason why they shouldn't get the money.

They didn't deliver a working product.

[damm315er]

Ok, so there is a pattern forming...

The "unbiased" 3rd party escrow service is a major investor in syscoin..  They gave the dev's plenty of time to get stuff working, so they could leverage the sh!t out of their holdings to make huge coin..  

When the dev's were trying to fork to a new block-chain on monday, I managed to mine a block before they could mine it, and got to see some numbers I'm sure they didn't want seen.

The premine (18% of 2 billion) = 360 million
By monday, the maximum amount of mined coins (128 coins per block x 60 blocks per hour x 48 hours) would be just under 370,000 coins.  Now, that number is is the max, the real number is more like a quarter of that, since the wallet and forking issues kept people from mining most of the time.

So, to create a new block to account for all the coins would be a maximum of 360,370,000.

This block I mined is pictured below..



So, the numbers are not even close, the block is for 364,222,858 sys.  Lets break that down, shall we?

364,222,858 minus the premine is 4,222,858.

Assuming that the 222,858 is the actual mined coins that needed to get forked to the new chain, that leaves 4,000,000 coins (.2% of 2 Billion) that is unexplained, but a nice bonus for the dev's that noone would question.

Yeah, that's interesting.......................

Did the coins mature?

Look closely on the numbers ...this picture has been edited with photoshop.Look closely on the immature coin ..it had been replaced.

Negative..

The only edit was the block # was sprayed, no other edits were made.  At this point, I have coins trapped in the wallet, or I would post the entire folder including the block-chain and my private keys.  Once I can get my coins transferred to another wallet it will get posted.

[dandruff1138]

How Ironic this is how I imagine a physchopath ADHD RITALIN HUNGRY TROLL would post.  

Welcome to my Ignore List!   

...have fun with them other RETARDS...

Spoken like a true philomathic, mature adult. 

[awais3344]

Ok, so there is a pattern forming...

The "unbiased" 3rd party escrow service is a major investor in syscoin..  They gave the dev's plenty of time to get stuff working, so they could leverage the sh!t out of their holdings to make huge coin..  

When the dev's were trying to fork to a new block-chain on monday, I managed to mine a block before they could mine it, and got to see some numbers I'm sure they didn't want seen.

The premine (18% of 2 billion) = 360 million
By monday, the maximum amount of mined coins (128 coins per block x 60 blocks per hour x 48 hours) would be just under 370,000 coins.  Now, that number is is the max, the real number is more like a quarter of that, since the wallet and forking issues kept people from mining most of the time.

So, to create a new block to account for all the coins would be a maximum of 360,370,000.

This block I mined is pictured below..



So, the numbers are not even close, the block is for 364,222,858 sys.  Lets break that down, shall we?

364,222,858 minus the premine is 4,222,858.

Assuming that the 222,858 is the actual mined coins that needed to get forked to the new chain, that leaves 4,000,000 coins (.2% of 2 Billion) that is unexplained, but a nice bonus for the dev's that noone would question.

Yeah, that's interesting.......................

Did the coins mature?

Look closely on the numbers ...this picture has been edited with photoshop.Look closely on the immature coin ..it had been replaced.

any programmar can createa new genesis block and mine the first block with as any coins as he likes.

look at the sync. it says 0 hours behind.

[frankkkkkkk]

waht a low price

[helmet]

I think you guys are doing a pretty good job Dano.

Agreed. Great work dev team


One question to everyone.. If you don't like the coin, just stop posting here and move on with your lives. Have you got something better to do? MantisCoinDev? Why are you here saying negative things.. Truly, why? Are you trying to help others? Are you gloating? I would love to know WHY.

They can't stop posting here because this is trolltalk not bitcointalk. Many folks around here have serious problems with narcissism and feel that they are so special that they post in threads that don't apply to them. Personally, I have a hard time even taking this place seriously and feel that it is often a black eye to the crypto world. I think that if you do not have a stake in this coin or an interest in it, then they should GTFO and mind their own business.

[TheMilkman]

If Moolah finds an excuse not to cancel ICO in the next few hours then they are over.

ok then ...What I am getting now is that not  all the investor are asking for refunds,so what if it goes like this way...you will send back the exact amount of syscoin to Moolah then Moolah  will send you back your btc.Do you agree?

Definitely agree!