Kergekoin
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June 02, 2014, 07:17:37 AM |
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i have bad messages for all investors:
- its simply scam.... why ? look at the dev profile on github... - 15 coins from block is going to dev - 5 % premine with all - now i sell all coins with some profit (with lucky), trade volume is simulated... - i am very interested if this will be pumped, but my tip is hell, good luck boys You're an Idiot.... The 15 coins goes to the foundation for on going support and new development and the Dev has provided the foundations Address: BKqAh5ojyS7bkjaDHJEWXxMwKNUvUsNZak What is wrong with Dev's Github profile? - He has been on Github for months
- He has committed to several other coins
- He has forked multiple coin, stratum, and mining repos
Stop spreading FUD because you want to try to buy back in at a low price. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) on this address is only 173,624.39 now we have 35922 block.... where is 365200 coins ? God you lot are relentless.. I AM NOT DUMPING THE PREMINE.. You need to focus more of your efforts on people like this who control the markets! https://twitter.com/smokin35currently there are about 250,000 left in the pre-mine total, and NO as I have stated many time before i am not making the pre-mine address public, as if i do every single transaction will get FUD from all over. I need the pre-mine to freely promote this coin and pay for things like compensation This is the foundation address: BKqAh5ojyS7bkjaDHJEWXxMwKNUvUsNZak The foundation address you all know and that is the public amount. And contrary to popular believe the foundation does NOT get 15 coins from every block. As from block 100 we have also been creating PoS blocks which have roughly halved the amount of PoW blocks. As you will all notice the total coin supply will be much lower than was started when the coin was launched.On the plus side this does mean there will be far less coins so will make the coin more valuable. So for all the people who are behind BoostCoin this will be a positive thing when we get listed on mintpal. My bad I was wrong about the 15 coins.... it is not 15 coinsI explained this in detail before. Dev will get 3.91% of all coins. Its simple math. There is nothing complicated about it.
Donation percent is about 2,91% from PoW blocks. That means devs will have the premine of 1% + 2,91% = 3,91% of all coins. PoS blocks have nothing to do with the percentage devs are getting. They just lower the entire PoW subsidy.
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sesko
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June 02, 2014, 07:34:37 AM Last edit: June 02, 2014, 07:55:00 AM by sesko |
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![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) on this address is only 173,624.39 now we have 35922 block.... where is 365200 coins ? You have to calculate that a lot of block where POS blocks, so less total coins after POW, and foundation get's less coins to. More than halve of 35922 blocks where POS. He doesn't get 15coins per POS block. So it's hard to calculate total amount after POW if POS is active during POW. Sum total: 36691 block, and 10.064.253 COINS generated. If all block's where POW there should be at 36691 block, total sum of 18.345.500 COINS and 550.365 COINS in foundation. What means, it's good to buy coins, when POW and POS is active (if you didn't mine it), and you don't wait for POW to end, because if you'r staking, you'r directly diluting total amount of coins in POW/POS phase. Doesn't matter how many coins you have staking, important thing is you got POS blocks, so less POW blocks, less total amount after POW ends.
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Kergekoin
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June 02, 2014, 07:38:33 AM |
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![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) on this address is only 173,624.39 now we have 35922 block.... where is 365200 coins ? You have to calculate that a lot of block where POS blocks, so less total coins after POW, and foundation get's less coins to. More than 1/3 of 35922 blocks where POS. Correct. Everyone will get less PoW coins because of PoS blocks. Including dev/fund. It does not change the overall percentage what they get. Dev fund will control 3.91% of all coins minus the ones they are giving away or selling.
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goingplaces
Newbie
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Activity: 13
Merit: 0
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June 02, 2014, 08:19:50 AM |
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![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) on this address is only 173,624.39 now we have 35922 block.... where is 365200 coins ? You have to calculate that a lot of block where POS blocks, so less total coins after POW, and foundation get's less coins to. More than 1/3 of 35922 blocks where POS. Correct. Everyone will get less PoW coins because of PoS blocks. Including dev/fund. It does not change the overall percentage what they get. Dev fund will control 3.91% of all coins minus the ones they are giving away or selling. That's quite a percentage....
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PhilDwg
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Activity: 55
Merit: 0
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June 02, 2014, 08:31:42 AM |
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Well to become the best coin and have the most innovative features, it's going to cost.. And sadly the best people charge a lot. I don't think it's that big of a number really, since a large percentage of 3.9% will go towards growing/benefitting the coin. Which is something people these days demand and expect, without thinking of the cost. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) on this address is only 173,624.39 now we have 35922 block.... where is 365200 coins ? You have to calculate that a lot of block where POS blocks, so less total coins after POW, and foundation get's less coins to. More than 1/3 of 35922 blocks where POS. Correct. Everyone will get less PoW coins because of PoS blocks. Including dev/fund. It does not change the overall percentage what they get. Dev fund will control 3.91% of all coins minus the ones they are giving away or selling. That's quite a percentage....
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quarkkid
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June 02, 2014, 09:13:58 AM |
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HIGHEST VOL ON BITTREX
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mammix2 (OP)
Legendary
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Activity: 1302
Merit: 1004
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June 02, 2014, 09:16:43 AM |
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i have bad messages for all investors:
- its simply scam.... why ? look at the dev profile on github... - 15 coins from block is going to dev - 5 % premine with all - now i sell all coins with some profit (with lucky), trade volume is simulated... - i am very interested if this will be pumped, but my tip is hell, good luck boys
You're an Idiot.... The 15 coins goes to the foundation for on going support and new development and the Dev has provided the foundations Address: BKqAh5ojyS7bkjaDHJEWXxMwKNUvUsNZak What is wrong with Dev's Github profile? - He has been on Github for months
- He has committed to several other coins
- He has forked multiple coin, stratum, and mining repos
Stop spreading FUD because you want to try to buy back in at a low price. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) on this address is only 173,624.39 now we have 35922 block.... where is 365200 coins ? As i have said a ZILLION times before... the foundation only gets 15 coins for each PoW block, each PoS block only generates a very tine amount to the foundation. and since block 100 PoS block are also being generated, which will cut the total coin supply, basically making this whole project far more valuable!! Also the foundation coins are being spent on running this bad boy. do you think all this stuff happens for free?? IMHO this has proved, that in this age where AltCoins are being created every day, Unless you have tons of cash to spare or invest (Which i don't!) having the funds available from pre-mine and foundation sources is key to making a sustainable project.
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1HfpFYxBUpQ941mKd4DEjsyA22HN4Kerzu
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goingplaces
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Activity: 13
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June 02, 2014, 09:17:22 AM |
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Well to become the best coin and have the most innovative features, it's going to cost.. And sadly the best people charge a lot. I don't think it's that big of a number really, since a large percentage of 3.9% will go towards growing/benefitting the coin. Which is something people these days demand and expect, without thinking of the cost. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) on this address is only 173,624.39 now we have 35922 block.... where is 365200 coins ? You have to calculate that a lot of block where POS blocks, so less total coins after POW, and foundation get's less coins to. More than 1/3 of 35922 blocks where POS. Correct. Everyone will get less PoW coins because of PoS blocks. Including dev/fund. It does not change the overall percentage what they get. Dev fund will control 3.91% of all coins minus the ones they are giving away or selling. That's quite a percentage.... That's only if you believe the dev team will make this use with what they have. Now, why should anybody believe it? There is no proof yet that's right, but it is more probable they will use these 3.9% to P&D and fill their pockets. Time will tell, hope for you all that this case is different, but I'm skeptical.
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sesko
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 02, 2014, 09:21:20 AM |
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That's only if you believe the dev team will make this use with what they have. Now, why should anybody believe it? There is no proof yet that's right, but it is more probable they will use these 3.9% to P&D and fill their pockets. Time will tell, hope for you all that this case is different, but I'm skeptical.
Dev posted wallet address of foundation, so for now it's transparent and trustworthy. And he doesn't hide behind new nickname/account, check the work he has done, before launching boost coin.
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PhilDwg
Newbie
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June 02, 2014, 09:24:42 AM |
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Well I can tell you for a fact that money (in bost form) is being used for development and promotion of this coin, since I am working on the development team. Unless you want a whale funded coin that is only going to be a pump and dump with no longevity, a small % of the coins have to go towards dev. It's the only way. Well to become the best coin and have the most innovative features, it's going to cost.. And sadly the best people charge a lot. I don't think it's that big of a number really, since a large percentage of 3.9% will go towards growing/benefitting the coin. Which is something people these days demand and expect, without thinking of the cost. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) on this address is only 173,624.39 now we have 35922 block.... where is 365200 coins ? You have to calculate that a lot of block where POS blocks, so less total coins after POW, and foundation get's less coins to. More than 1/3 of 35922 blocks where POS. Correct. Everyone will get less PoW coins because of PoS blocks. Including dev/fund. It does not change the overall percentage what they get. Dev fund will control 3.91% of all coins minus the ones they are giving away or selling. That's quite a percentage.... That's only if you believe the dev team will make this use with what they have. Now, why should anybody believe it? There is no proof yet that's right, but it is more probable they will use these 3.9% to P&D and fill their pockets. Time will tell, hope for you all that this case is different, but I'm skeptical.
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Amph
Legendary
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Activity: 3248
Merit: 1070
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June 02, 2014, 09:25:41 AM |
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i have bad messages for all investors:
- its simply scam.... why ? look at the dev profile on github... - 15 coins from block is going to dev - 5 % premine with all - now i sell all coins with some profit (with lucky), trade volume is simulated... - i am very interested if this will be pumped, but my tip is hell, good luck boys
tell that to darkcoin, with 1M instamined by dev's group but i agree those -15 per block weren't necessary, the 1% prmeine was more than enough for the foundation....
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quarkkid
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 02, 2014, 09:27:51 AM |
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i have bad messages for all investors:
- its simply scam.... why ? look at the dev profile on github... - 15 coins from block is going to dev - 5 % premine with all - now i sell all coins with some profit (with lucky), trade volume is simulated... - i am very interested if this will be pumped, but my tip is hell, good luck boys
tell that to darkcoin, with 1M instamined by dev's group but i agree those -15 per block weren't necessary, the 1% prmeine was more than enough for the foundation.... +1
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exoton
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 02, 2014, 10:26:20 AM |
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That's only if you believe the dev team will make this use with what they have. Now, why should anybody believe it? There is no proof yet that's right, but it is more probable they will use these 3.9% to P&D and fill their pockets. Time will tell, hope for you all that this case is different, but I'm skeptical.
Dev posted wallet address of foundation, so for now it's transparent and trustworthy. And he doesn't hide behind new nickname/account, check the work he has done, before launching boost coin. Its nice but, what if developer team is owning big minning farm and now is selling all coins ? and this addresses is used only for trustworthiness ? very possible scenario with a lot of actual coins... why wouldnt they just mine another coin after difficulty has gone up ?
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Kergekoin
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June 02, 2014, 10:30:16 AM |
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I think they dont own big mining farm, because then they would have premined less to gain more attention. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Thats just my 2 cents. And ofc they can just mine something else. There is plenty of coins.
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Amph
Legendary
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Activity: 3248
Merit: 1070
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June 02, 2014, 10:35:56 AM |
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That's only if you believe the dev team will make this use with what they have. Now, why should anybody believe it? There is no proof yet that's right, but it is more probable they will use these 3.9% to P&D and fill their pockets. Time will tell, hope for you all that this case is different, but I'm skeptical.
Dev posted wallet address of foundation, so for now it's transparent and trustworthy. And he doesn't hide behind new nickname/account, check the work he has done, before launching boost coin. Its nice but, what if developer team is owning big minning farm and now is selling all coins ? and this addresses is used only for trustworthiness ? very possible scenario with a lot of actual coins... why wouldnt they just mine another coin after difficulty has gone up ? it's better to stick with the one that has more chance to go up who will continue mining even if at loss, will be paid more in the end
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mammix2 (OP)
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Activity: 1302
Merit: 1004
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June 02, 2014, 11:07:39 AM |
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I think they dont own big mining farm, because then they would have premined less to gain more attention. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Thats just my 2 cents. And ofc they can just mine something else. There is plenty of coins. I have a grand total of 7 Mh/s available... not really much of a farm ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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1HfpFYxBUpQ941mKd4DEjsyA22HN4Kerzu
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ice777
Member
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Offline
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June 02, 2014, 11:21:59 AM |
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Boost going to Mintpal today. Buy now cheap or cry later.
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cointrader83
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 02, 2014, 11:25:29 AM |
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Boost going to Mintpal today. Buy now cheap or cry later.
Where do yo know ?!
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quarkkid
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 02, 2014, 11:30:56 AM |
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![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fyah-tube.com%2Fvideos%2F119%2Fcan_we_please_god.jpg&t=665&c=DdJTLuiycaM-vg) Boost going to Mintpal today. Buy now cheap or cry later.
LOL
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