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Author Topic: [ANN]CureCoin - CURECOIN TEAM HAS TAKEN RANK 1 ON FOLDING@HOME!!!  (Read 670670 times)
poon4
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May 17, 2014, 02:15:55 PM
 #1081

I dont know the coin meaning,is it mining just to cure for cancer?
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Fastpow
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May 17, 2014, 02:17:05 PM
 #1082

If 54 btc was raised we should be set to have most bounties paid and covered. I somehow missed the IPO for this coin I really wish I hadn't.

Since as there wasn't really an IPO, just a call for donations with a possible ROI and that this call for donations was about 7-8 months ago I'm not suprised you missed it Tongue
And because of the long time these funds were 'stuck' in this volatile market which is the crypto-currency world I'd say the ROI is pretty damn fair.

PS: please note I wasn't one of those donators
Croak
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May 17, 2014, 02:18:06 PM
 #1083

It is known how folding points will be exchanged into curecoins? I mean exchange rate or sth

Currently, the folding pool pays out a certain amount of Curecoins per day, right now 7488 coins. The PPD represents the points that you earned in the last 24 hours, and is used in calculating the distribution. Say, for example, that all Curecoin folders combined folded 10,000,000 Points yesterday, and you folded 100,000. You would get 1% of that day's payout, which would account for 74.88 CUR. Smiley

how many each did the 1 btc investors get?

10,000 coins - pretty steep compared to where it is right now but that investment was months and months ago so they did have significant risk. Plus there were only like 10 BTC total of investments or less. So basically 15 days worth of mining coins were given to investors.

Just to stop the FUD before it gets going, already seeing people screaming DUMP INCOMING on the Poloniex troll box, claiming 50k Curecoin floating around worth 25x the IPO value.
Gabbar
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May 17, 2014, 02:19:28 PM
 #1084

I dont know the coin meaning,is it mining just to cure for cancer?

There are 2 ways to earn this coin.

1. Folding : You fold proteins which can help find a cure for cancer, you get rewarded depending on how much points you have.
2. mining SHA256 : Good old mining with ASICs

The first one will someday cure cancer, the latter is to support the cure coin network
matt608
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May 17, 2014, 02:20:20 PM
 #1085

I dont know the coin meaning,is it mining just to cure for cancer?

The proof of work is protein folding, which helps scientists develop drugs to treat diseases such as cancer and alzheimer's.

More info in the OP:
https://bitcointalk.org/index.php?topic=603757.0


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Kreativekrypto
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May 17, 2014, 02:21:59 PM
 #1086

If 54 btc was raised we should be set to have most bounties paid and covered. I somehow missed the IPO for this coin I really wish I hadn't.

Since as there wasn't really an IPO, just a call for donations with a possible ROI and that this call for donations was about 7-8 months ago I'm not suprised you missed it Tongue
And because of the long time these funds were 'stuck' in this volatile market which is the crypto-currency world I'd say the ROI is pretty damn fair.

PS: please note I wasn't one of those donators

Ah thank you for clearing that up haha! Based on my little 3 gpu mining rig I'll mine around 2 coins a day folding it looks like. This coin is undervalued....by a lot.
22naru
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May 17, 2014, 02:23:23 PM
 #1087

Curecoin logo design contest thread: please post your entries here

https://bitcointalk.org/index.php?topic=612699.msg6780942#msg6780942

+1

can you make the bounty addy. public , i want to tip some CURE to Smiley



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Fastpow
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May 17, 2014, 02:23:35 PM
 #1088

If 54 btc was raised we should be set to have most bounties paid and covered. I somehow missed the IPO for this coin I really wish I hadn't.

Since as there wasn't really an IPO, just a call for donations with a possible ROI and that this call for donations was about 7-8 months ago I'm not suprised you missed it Tongue
And because of the long time these funds were 'stuck' in this volatile market which is the crypto-currency world I'd say the ROI is pretty damn fair.

PS: please note I wasn't one of those donators

Ah thank you for clearing that up haha! Based on my little 3 gpu mining rig I'll mine around 2 coins a day folding it looks like. This coin is undervalued....by a lot.

No problem Smiley, I think it's hugely undervalued too atm. but just remember, the coin is just over a week old. It'll get the recognition it deserves.
Gabbar
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May 17, 2014, 02:26:11 PM
 #1089

It is known how folding points will be exchanged into curecoins? I mean exchange rate or sth

Currently, the folding pool pays out a certain amount of Curecoins per day, right now 7488 coins. The PPD represents the points that you earned in the last 24 hours, and is used in calculating the distribution. Say, for example, that all Curecoin folders combined folded 10,000,000 Points yesterday, and you folded 100,000. You would get 1% of that day's payout, which would account for 74.88 CUR. Smiley

how many each did the 1 btc investors get?

10,000 coins - pretty steep compared to where it is right now but that investment was months and months ago so they did have significant risk. Plus there were only like 10 BTC total of investments or less. So basically 15 days worth of mining coins were given to investors.

Just to stop the FUD before it gets going, already seeing people screaming DUMP INCOMING on the Poloniex troll box, claiming 50k Curecoin floating around worth 25x the IPO value.

You cannot imagine how low people can go in the poloniex trollbox, CureCoin is a registered company, A Trademark has been filed, They are working in conjunction with Stanford Dump Incoming ? Negative. Why ? It would jeopardise the cancer research.
22naru
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May 17, 2014, 02:26:47 PM
 #1090

It is known how folding points will be exchanged into curecoins? I mean exchange rate or sth

Currently, the folding pool pays out a certain amount of Curecoins per day, right now 7488 coins. The PPD represents the points that you earned in the last 24 hours, and is used in calculating the distribution. Say, for example, that all Curecoin folders combined folded 10,000,000 Points yesterday, and you folded 100,000. You would get 1% of that day's payout, which would account for 74.88 CUR. Smiley

how many each did the 1 btc investors get?

10,000 coins - pretty steep compared to where it is right now but that investment was months and months ago so they did have significant risk. Plus there were only like 10 BTC total of investments or less. So basically 15 days worth of mining coins were given to investors.
Just to stop the FUD before it gets going, already seeing people screaming DUMP INCOMING on the Poloniex troll box, claiming 50k Curecoin floating around worth 25x the IPO value.
i was ready to search for this post to Smiley... cheers for clarify .



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pikuchato
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May 17, 2014, 02:29:50 PM
 #1091

It is known how folding points will be exchanged into curecoins? I mean exchange rate or sth

Currently, the folding pool pays out a certain amount of Curecoins per day, right now 7488 coins. The PPD represents the points that you earned in the last 24 hours, and is used in calculating the distribution. Say, for example, that all Curecoin folders combined folded 10,000,000 Points yesterday, and you folded 100,000. You would get 1% of that day's payout, which would account for 74.88 CUR. Smiley

how many each did the 1 btc investors get?

10,000 coins - pretty steep compared to where it is right now but that investment was months and months ago so they did have significant risk. Plus there were only like 10 BTC total of investments or less. So basically 15 days worth of mining coins were given to investors.
Just to stop the FUD before it gets going, already seeing people screaming DUMP INCOMING on the Poloniex troll box, claiming 50k Curecoin floating around worth 25x the IPO value.
i was ready to search for this post to Smiley... cheers for clarify .

I did the same research 30 minutes ago  Wink

Can anyone please tell me how many BTC's were raised during the IPO?

And how many CureCoins were given for each BTC?

thanks.

Each BTC received 10000 curecoins. I don't really know how many btc were invested in total but seeing as I heard there were around 54000 Cure for the donators I'm guessing the amount of BTC donated was 54BTC

So currently there are ~54000 Curecoins that can be sold for ~X25 profit (1350 BTC! ) ?

I'll pass this one  Tongue

Fastpow
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May 17, 2014, 02:30:35 PM
 #1092

It is known how folding points will be exchanged into curecoins? I mean exchange rate or sth

Currently, the folding pool pays out a certain amount of Curecoins per day, right now 7488 coins. The PPD represents the points that you earned in the last 24 hours, and is used in calculating the distribution. Say, for example, that all Curecoin folders combined folded 10,000,000 Points yesterday, and you folded 100,000. You would get 1% of that day's payout, which would account for 74.88 CUR. Smiley

how many each did the 1 btc investors get?

10,000 coins - pretty steep compared to where it is right now but that investment was months and months ago so they did have significant risk. Plus there were only like 10 BTC total of investments or less. So basically 15 days worth of mining coins were given to investors.
Just to stop the FUD before it gets going, already seeing people screaming DUMP INCOMING on the Poloniex troll box, claiming 50k Curecoin floating around worth 25x the IPO value.
i was ready to search for this post to Smiley... cheers for clarify .

I did the same research 30 minutes ago  Wink

Can anyone please tell me how many BTC's were raised during the IPO?

And how many CureCoins were given for each BTC?

thanks.

Each BTC received 10000 curecoins. I don't really know how many btc were invested in total but seeing as I heard there were around 54000 Cure for the donators I'm guessing the amount of BTC donated was 54BTC

So currently there are ~54000 Curecoins that can be sold for ~X25 profit (1350 BTC! ) ?

I'll pass this one  Tongue

I've edited my post already, seems like I was off.
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May 17, 2014, 02:35:41 PM
 #1093

We are doing a real significance and great things? I really hope this is true!

 Cool

CoolCoin- Free.CSHT6guWc7jRBiDpbcjK85Sw5HRVcqr2Un
pikuchato
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May 17, 2014, 02:36:06 PM
 #1094


I've edited my post already, seems like I was off.

This kind of information should be public and written in the main thread (so we won't have to guess),
I see few different opinions about the amount of BTC that was raised.


Anyway after understanding the price history including the IPO stage - I pulled my buy order and will wait for a major dump to occur.
If it won't occur I guess the ship was already sailed without me  Wink

ymer
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May 17, 2014, 03:21:34 PM
 #1095


I've edited my post already, seems like I was off.

This kind of information should be public and written in the main thread (so we won't have to guess),
I see few different opinions about the amount of BTC that was raised.


Anyway after understanding the price history including the IPO stage - I pulled my buy order and will wait for a major dump to occur.
If it won't occur I guess the ship was already sailed without me  Wink

Same here, I bought 50 CURE at 0.031 last night and now after reading the whole IPO thing I decided to take the loss and sold for 0.028

Croak
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May 17, 2014, 04:01:34 PM
 #1096


I've edited my post already, seems like I was off.

This kind of information should be public and written in the main thread (so we won't have to guess),
I see few different opinions about the amount of BTC that was raised.


Anyway after understanding the price history including the IPO stage - I pulled my buy order and will wait for a major dump to occur.
If it won't occur I guess the ship was already sailed without me  Wink

Same here, I bought 50 CURE at 0.031 last night and now after reading the whole IPO thing I decided to take the loss and sold for 0.028

Well that was just silly.
ymer
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May 17, 2014, 04:04:23 PM
 #1097


I've edited my post already, seems like I was off.

This kind of information should be public and written in the main thread (so we won't have to guess),
I see few different opinions about the amount of BTC that was raised.


Anyway after understanding the price history including the IPO stage - I pulled my buy order and will wait for a major dump to occur.
If it won't occur I guess the ship was already sailed without me  Wink

Same here, I bought 50 CURE at 0.031 last night and now after reading the whole IPO thing I decided to take the loss and sold for 0.028

Well that was just silly.

Can't trust this coin if the OP doesn't have incredibly important information like an IPO that sold CURE at 0.0001.

Vorksholk
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May 17, 2014, 04:05:14 PM
 #1098

We've raised a bounty of 150CURE for a new logo/coin image, that's 0.585BTC at current prices! (0.0039 at poloniex).  That's an excellent bounty.  We need to drum up some more awareness about the bounty.  Maybe a dedicated thread about it here in the altcoin section?  Entrants could post their entries in the thread and we can provide feedback there, to help keep the thread visible and to encourage more entrants.

Edit:  I'm creating another thread for this now.

what? this is the stuff the 3% premine should be covering right?

One would think the dev funds from the premine should definitely cover this but the the devs didn't go ahead and create the bounty, so the community stepped up to get things done more quickly.  The Dev funds should pay for this, but we needed to get things moving.  One of the devs pledged 100CURE to the bounty, he didn't say if that was from the dev fund or from his personal holdings.  Anyway the funds are there and the either way the logo contest can go proceed.

The 100 CUR is from my personal holdings.

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FifthGhostbuster
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May 17, 2014, 04:07:51 PM
 #1099

You guys do realize the Dev has also said the coins are paid out a little at a time. OVER TIME> allowing everything to still grow... also if you guys do not know how investments work.. the people in the beggining always gain big profit. in any investment matter. Infact most global elites will not invest unless they get 10-100 times their profit. keep that in mind. there not going to be sold because of how rare they are going to be. PEOPLE ARE JUST TRYING TO MAKE YOU DUMP YOUR COIN BECAUSE THEY GOT IN TO LATE AND NOW CANNOT AFFORD TO BUY 10k WORTH....
As always have a nice day. keep folding we did 184m ppd yesterday nice work guys.

Go CureCoin!
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May 17, 2014, 04:13:17 PM
 #1100

You guys do realize the Dev has also said the coins are paid out a little at a time. OVER TIME> allowing everything to still grow... also if you guys do not know how investments work.. the people in the beggining always gain big profit. in any investment matter. Infact most global elites will not invest unless they get 10-100 times their profit. keep that in mind. there not going to be sold because of how rare they are going to be. PEOPLE ARE JUST TRYING TO MAKE YOU DUMP YOUR COIN BECAUSE THEY GOT IN TO LATE AND NOW CANNOT AFFORD TO BUY 10k WORTH....
As always have a nice day. keep folding we did 184m ppd yesterday nice work guys.


Hey Fifth, rumor has it you speced-out an awesome build around $10k for folding for fun, and I missed it! What kind of build were you talking about?

Also folding is going incredibly well Cheesy

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