[ANN][CFC2]Coffeecoin | This coin is under the RevivalCoinGroup management

[coffeecoin]

My wallet is unlocked. There's a lot of coins. Shows me - estimated time of generation of coins - 0 second. But I got nothing this week. POS is not working. wallet 2.0.1

I assure you, it is. Have some patience  If you check the block explorer here: http://chainz.cryptoid.info/cfc2/#!extraction you'll see that POS blocks are coming in, just slowly in comparison to POW. As I've said before, I'm going to get with the coder about that when I can get ahold of him.

[veertje]

I got my POS 10th of July.

[coffeecoin]

Any plans to stop the 100 CFC PoW blocks or at least to reduce them? This was meant to be a 100,000,000 supply coin and now we are at 108 mil already. You can go down in history as the first developer to increase the initial coin production. Others usually look for ways to decrease it.

POS coins are inflationary, meaning they never stop producing coins, so no, I wouldn't be the first developer to increase the coin supply, but rather one of many . But to answer your question, yes we do plan to disable POW. I've been trying to get in touch with Orangecoin's dev (the guy who coded CFC2) these past few days to discuss it with him. Take a look here and you'll see why: http://chainz.cryptoid.info/cfc2/#!extraction

POW/POS does, in fact, create coins at a faster rate than just pure POS. An option I discussed with one of our frequent contributors was to destroy however many coins are created through POW once we disable it. To what end, though? As I've mentioned before, POS coins are inflationary so the coins would eventually re-enter the supply in the future. Try this for an experiment: open the wallet of your favorite POS coin, type "getinfo" in the debug command line, wait for a couple blocks, then type "getinfo" again and compare "moneysupply" and you'll see what I mean.

When POS start working?

The first POS block (as far as I know) hit the network on June 30; it's already working Now the question is whether it can sustain the network without the help of POW.

CFC just hit 4 Satoshi... it's a shame.

No worries, we've been down there before. It's probably just someone that recently received their claim that wants out of CFC2.

I've hired on some extra help in the marketing department since my schedule has been really busy as of late. I hope to have some good news to you all soon in regards to POS sustainability and POW removal.

[boomboom]

Oh man, I didn't make the deadline to swap my CFC1 into CFC2, crap ... is there any way now?

Are my CFC1 coins permanently decaffeinated now  ... forever?

[coffeecoin]

Oh man, I didn't make the deadline to swap my CFC1 into CFC2, crap ... is there any way now?

Are my CFC1 coins permanently decaffeinated now  ... forever?

Sent you a PM.

[SomeRelax]

any news/update?

[coffeecoin]

any news/update?

All swaps are over, everyone should now be updated to 2.0.1 by now. We've got 15,467,228.46 in the master wallet left unclaimed. As I've pointed out before, even if we were to destroy what's left, they would re-enter the money supply eventually due to the inflationary nature of POS coins. I'd like to get some input on possible uses for the remaining coins i.e. load into faucet, use for bounties, save it in Foundation wallet, etc. I'm not particularly fond of giveaways; that promotes dumping, and we don't want that. Perhaps there are skilled individuals out there that would like to put their talents to use and claim a portion of it. I'd like to put some feelers out there to see what direction the community would like to go.

On the POW/POS front, we're going to have to outsource again as our original coder is difficult to get ahold of. In between work and school, it's been difficult to devote manhours to CFC2 lately, so I'll be getting with some of those sources as soon as I have time.

I still have plans to load Starbucks cards for CFC2 but we need a payment processor to make the process go smoothly (hint: vote here https://coinpayments.net   ). Note that these cards are country specific, and every country doesn't provide the same type of card-based services (eGift, for example), so the options will be limited.

[fedmahnkassad]

any news/update?

All swaps are over, everyone should now be updated to 2.0.1 by now. We've got 15,467,228.46 in the master wallet left unclaimed. As I've pointed out before, even if we were to destroy what's left, they would re-enter the money supply eventually due to the inflationary nature of POS coins. I'd like to get some input on possible uses for the remaining coins i.e. load into faucet, use for bounties, save it in Foundation wallet, etc. I'm not particularly fond of giveaways; that promotes dumping, and we don't want that. Perhaps there are skilled individuals out there that would like to put their talents to use and claim a portion of it. I'd like to put some feelers out there to see what direction the community would like to go.

On the POW/POS front, we're going to have to outsource again as our original coder is difficult to get ahold of. In between work and school, it's been difficult to devote manhours to CFC2 lately, so I'll be getting with some of those sources as soon as I have time.

I still have plans to load Starbucks cards for CFC2 but we need a payment processor to make the process go smoothly (hint: vote here https://coinpayments.net   ). Note that these cards are country specific, and every country doesn't provide the same type of card-based services (eGift, for example), so the options will be limited.

1 satoshi here we come... You are a nice guy but picking the wrong developer for this coin killed it. There are people on this forum that would have made a working coin for 0.5-0.7 BTC and deliver without delays and with no need to chase them for weeks. Bittrex will delist it in a few weeks and then that's it.

[testcoin]

any news/update?

All swaps are over, everyone should now be updated to 2.0.1 by now. We've got 15,467,228.46 in the master wallet left unclaimed. As I've pointed out before, even if we were to destroy what's left, they would re-enter the money supply eventually due to the inflationary nature of POS coins. I'd like to get some input on possible uses for the remaining coins i.e. load into faucet, use for bounties, save it in Foundation wallet, etc. I'm not particularly fond of giveaways; that promotes dumping, and we don't want that. Perhaps there are skilled individuals out there that would like to put their talents to use and claim a portion of it. I'd like to put some feelers out there to see what direction the community would like to go.

On the POW/POS front, we're going to have to outsource again as our original coder is difficult to get ahold of. In between work and school, it's been difficult to devote manhours to CFC2 lately, so I'll be getting with some of those sources as soon as I have time.

I still have plans to load Starbucks cards for CFC2 but we need a payment processor to make the process go smoothly (hint: vote here https://coinpayments.net   ). Note that these cards are country specific, and every country doesn't provide the same type of card-based services (eGift, for example), so the options will be limited.

Nice to see that all claims are finished and we can start moving on new plans

Perhaps you should firstly use the money to:

(1) Build a stronger team:

Recruit some skilled individuals to join your team

(2) Use for bounties:

In addition to the existing bounties for payment processor, would you please consider to add bounties for Android wallet, Mac wallet and Linux wallet? We should not limit only Windows users to hold CFC2

And now there is an urgent issue you may want to take care of:

https://bitcointalk.org/index.php?topic=635824.0

I remember you did post there once to help save the Bittrex listing. Now I'm afraid you need to do it again, otherwise we will lose a large exchange for CFC2 trading after this Friday

[coffeecoin]

Moving Forward...

All swap phases are complete, and its time to make some progress. I've cleaned up the OP and relocated a couple things. The bounty list has been updated with various decent rewards to satisfy our needs and moved up for visibility. The remaining funds have also been consolidated into the Foundation fund http://chainz.cryptoid.info/cfc2/address.dws?CKTYrLyaHw4cbB64QVKBWUJeJTrvyb85hU.htm As far as the Bittrex situation goes, let's get some community involvement going and tell them how we feel about CFC2! https://bitcointalk.org/index.php?topic=635824.0 In addition to voting on the popular exchanges, if you all want to see your CoffeeCoin holdings shoot to the moon, then let's band together and make that happen!

[conf]

i still love coffee! 

[bestsponsor]

Start with the name change. The name "Coffeecoin" itself has no prospects for a serious relationship to the coin. And all sorts of codes 2.3.-1000 generally kill coin.

[baby222]

BTer

CFC2's been added to the voting list of BTer. Vote now!

I want to vote CFC2 but it need BTR

yes ,we don't have BTR

[bestsponsor]

Maybe for the revival of the coin is worth to ask for help here https://bitcointalk.org/index.php?topic=576714.0

[coffeecoin]

Maybe for the revival of the coin is worth to ask for help here https://bitcointalk.org/index.php?topic=576714.0

Now that CoffeeCoin has a decent foundation, (at least better than before) a good, solid team with sufficient manpower is definitely what it needs. I sent their community liaison a PM.

[GiorgosK]

The revival committee does not want coins with premine more than 1%

[maxsinner]

How do you spell d.e.a.d. c.o.i.n.?

[coffeecoin]

How do you spell d.e.a.d. c.o.i.n.?

That depends on your definition of "dead". If by "dead" you mean it doesn't offer fast-paced short-term profits, (i.e. pump and dump) then sure, it's as dead as a doorknob for the moment. If you mean "dead" as in long-term developmental efforts have ceased, you are greatly mistaken. Honestly, I'd much rather see CFC2 distance itself from such an illegitimate scheme as a "pump and dump" and see it evolve into an economical powerhouse recognized for its stability and inherent value. As said in the OP, coffee is the second highest traded commodity right behind crude oil. The potential for massive gains is there, but a majority of crypto traders aren't interested in long-term holdings and profits. That mentality is usually reserved for actual publicly traded securities. One day worldwide laws and entities may encroach on the trading practices of crytocurrency exchanges to the point where only legitimate coins will prevail and law forbids the creation of scam coins and pump and dumps. Until that day, the plan to develop the infrastructure of CFC2 in preparation of that revolution remains in effect.

The revival committee does not want coins with premine more than 1%

Our "premine" was distributed to the community to alleviate the shortcomings of our former software client, so it's not technically a "premine". As for the unclaimed coins, those are considered a "donation" by those that didn't want their coins or failed to make the deadline through no fault of my own efforts. That donation is publicly traceable through the Foundation wallet address, and a public ledger will be made available to the community because they are, in fact, the community's coins. As a matter of principle, a single satoshi will not be spent on something that doesn't add value to CoffeeCoin unless approved by the community.

[spud21]

CoffeeCoin2 will be delisted from Bittrex tomorrow unless we do something. The Bittrex delistings thread is linked to below.

https://bitcointalk.org/index.php?topic=635824.msg7084920#msg7084920

Maybe if enough of us ask nicely they might delay the delisting.

[coffeecoin]

CoffeeCoin2 will be delisted from Bittrex tomorrow unless we do something. The Bittrex delistings thread is linked to below.

https://bitcointalk.org/index.php?topic=635824.msg7084920#msg7084920

Maybe if enoug of us ask nicely they might delay the delisting.

This is 100% true. Community demand is one of the criteria by which they judge.