[ANN] DISTROCOIN X11 / IOS RELEASE IS HERE.

[rlhead7173]

There is a clear link between nexus, raxe.io and William Giles. It is public record and not FUD. I have been mining since almost day one so I relay want the coin to succeed. I just don't see a lot of money being invested into it given the current circumstances.

[nfox]

There is a clear link between nexus, raxe.io and William Giles. It is public record and not FUD. I have been mining since almost day one so I relay want the coin to succeed. I just don't see a lot of money being invested into it given the current circumstances.

The link is obvious, might be one and the same person, by reading the nexus thread it looks like same exprimation in words, same standards in projects , whitepapers etc.
I'm mining this from the start, also I supported this, but there are some aspects which are not clear.
The premine still is huge, 13%-15%, since POS phase lasts 7 years. So basically once POW phase ends, miners will hold a 85% of coins, while dev 15% (estimative).
I just wish this will be not true. Good luck.

[swainzag]

There is a clear link between nexus, raxe.io and William Giles. It is public record and not FUD. I have been mining since almost day one so I relay want the coin to succeed. I just don't see a lot of money being invested into it given the current circumstances.

The link is obvious, might be one and the same person, by reading the nexus thread it looks like same exprimation in words, same standards in projects , whitepapers etc.
I'm mining this from the start, also I supported this, but there are some aspects which are not clear.
The premine still is huge, 13%-15%, since POS phase lasts 7 years. So basically once POW phase ends, miners will hold a 85% of coins, while dev 15% (estimative).
I just wish this will be not true. Good luck.

This right there is the problem.  A pre-mine should never be for total amount of coins when POS is involved.  Most coins these days seem to be dead after a few months, but you are going to believe that the dev will hold on to a HUGE amount of coins for 7 years?  Highly unlikely.  Even if the dev did hang on to the coins, he will have more than anyone sitting in a wallet gaining more and more with POS.  Not that I don't trust the dev's intentions, I don't know him or ever talked to him, but a 15% off the bat pre-mine of POW coins is overly absurd.

[jonnymose]

why should'nt the dev have some of his own coin? if he have 1 million of 100 million when POS ends. Why not? If he deliver what he promise then he deserves a bigger piece of the cake. Dont you think? the only problem i see is if he dumps them all at once. then he crashs the marked.

[nfox]

why should'nt the dev have some of his own coin? if he have 1 million of 100 million when POS ends. Why not? If he deliver what he promise then he deserves a bigger piece of the cake. Dont you think? the only problem i see is if he dumps them all at once. then he crashs the marked.

Man one thing is to have 2 mil of 100 mil when POS ends, and another thing is to have 2 mil of 12 mil when POW ends. Got my point?

[nfox]

why should'nt the dev have some of his own coin? if he have 1 million of 100 million when POS ends. Why not? If he deliver what he promise then he deserves a bigger piece of the cake. Dont you think? the only problem i see is if he dumps them all at once. then he crashs the marked.

Man one thing is to have 2 mil of 100 mil when POS ends, and another thing is to have 2 mil of 12 mil when POW ends. Got my point?

So basically POS interest is 15% per year.
First year total coins, after POW : 12.000.000
Premine after POW period (2-3 weeks) : 2.000.000 (16.6%)
After that, wait 7 years for POS.
LOL

*edit* while dev is associated with big time scammers. cool story*

[ashour]

why should'nt the dev have some of his own coin? if he have 1 million of 100 million when POS ends. Why not? If he deliver what he promise then he deserves a bigger piece of the cake. Dont you think? the only problem i see is if he dumps them all at once. then he crashs the marked.

Man one thing is to have 2 mil of 100 mil when POS ends, and another thing is to have 2 mil of 12 mil when POW ends. Got my point?

So basically POS interest is 15% per year.
First year total coins, after POW : 12.000.000
Premine after POW period (2-3 weeks) : 2.000.000 (16.6%)
After that, wait 7 years for POS.
LOL

*edit* while dev is associated with big time scammers. cool story*

How much btc did you save with that FUD ?? It was clearly that dev had 2 million coins and you knew you it and still Invested . If you don't like the premine then just donw invest. And after you posted the FUD the price fall to 670 sat and suddenly someone bought 2.5 BTC worth of DISTRO ,  so how much btc did you save with that FUD

[jonnymose]

why should'nt the dev have some of his own coin? if he have 1 million of 100 million when POS ends. Why not? If he deliver what he promise then he deserves a bigger piece of the cake. Dont you think? the only problem i see is if he dumps them all at once. then he crashs the marked.

Man one thing is to have 2 mil of 100 mil when POS ends, and another thing is to have 2 mil of 12 mil when POW ends. Got my point?

So basically POS interest is 15% per year.
First year total coins, after POW : 12.000.000
Premine after POW period (2-3 weeks) : 2.000.000 (16.6%)
After that, wait 7 years for POS.
LOL

*edit* while dev is associated with big time scammers. cool story*

Yes i got your point. but the premine wallet are not staking. (At least thats what i heard).
I do understand the scepticism and I am taking a leap of faith here. I do belive that DIS will be a big hit. And i truely belive that the dev is honest and does not have bad intentions.

[ChrisLandin]

My wallet is not staking is anyone else having this issue??

[nfox]

why should'nt the dev have some of his own coin? if he have 1 million of 100 million when POS ends. Why not? If he deliver what he promise then he deserves a bigger piece of the cake. Dont you think? the only problem i see is if he dumps them all at once. then he crashs the marked.

Man one thing is to have 2 mil of 100 mil when POS ends, and another thing is to have 2 mil of 12 mil when POW ends. Got my point?

So basically POS interest is 15% per year.
First year total coins, after POW : 12.000.000
Premine after POW period (2-3 weeks) : 2.000.000 (16.6%)
After that, wait 7 years for POS.
LOL

*edit* while dev is associated with big time scammers. cool story*

How much btc did you save with that FUD ?? It was clearly that dev had 2 million coins and you knew you it and still Invested . If you don't like the premine then just donw invest. And after you posted the FUD the price fall to 670 sat and suddenly someone bought 2.5 BTC worth of DISTRO ,  so how much btc did you save with that FUD

I'm not spreading fud at all, as an investor I got my own right to ask about things, also this question has not came from what I've said. Some fellow told us that Raxe is associated with nexus, if you read in the previous page.. That's why we are asking , what and how everything happened.

[nfox]

before buying, how much is the devs premine? 2% of the 100M or 2% of the 12.5M?

Dev has 2 million coins. so 2% of the total coins. yes i know it's a lot of coins but he has been open about it since the beginning and we are monotoring the wallet address. He promise to use the premine to promote DIS and not just dump them and move on. he's been a man of his word so far and we dont suspect any different now. I have invested a lot in this coin and i truely belive that this will be the next big thing. Just wait to IOS wallet comes out in a couple of days.

Would have invested since its really cheap but 2M out of the 12.5M maximum pow coins is too much its like 16% premine and raxe.io is a rebrand of nexxuscorp which is not great....

http://whois.domaintools.com/raxe.io
http://whois.domaintools.com/imgurcraft.com (check registrants organization)
https://bitcointalk.org/index.php?topic=411403.0

No fud here, just doing my research before investing heaps.. guess ill just have to wait for OP to implement some stuff promised on the whitepaper before investing.

Here is my concern, enjoy reading.

[nfox]

So basically here is what i've seen.

TheNexusProtocol - Last Active:   March 24, 2014, 01:10:14 AM (He scammed people over 100 BTC)

Huge Scam! and now runs RAXXE.IO scam! https://bitcointalk.org/index.php?topic=528289.msg5866745#msg5866745  

Raxe.io - Date Registered:   March 24, 2014, 01:10:54 AM

So as a first answer Raxe said he's still working with them. Is this coincidence or? Again, I'm asking for the entire community.

[arteleis]

So basically here is what i've seen.

TheNexusProtocol - Last Active:   March 24, 2014, 01:10:14 AM (He scammed people over 100 BTC)

Huge Scam! and now runs RAXXE.IO scam! https://bitcointalk.org/index.php?topic=528289.msg5866745#msg5866745  

Raxe.io - Date Registered:   March 24, 2014, 01:10:54 AM

So as a first answer Raxe said he's still working with them. Is this coincidence or? Again, I'm asking for the entire community.

Just read through everything.  Seems someone scammed nexus and they changed names.  Is this not correct?  Read the whole thread, someone created duplicate thread and scammed folks, not nexus.

[jonnymose]

So basically here is what i've seen.

TheNexusProtocol - Last Active:   March 24, 2014, 01:10:14 AM (He scammed people over 100 BTC)

Huge Scam! and now runs RAXXE.IO scam! https://bitcointalk.org/index.php?topic=528289.msg5866745#msg5866745  

Raxe.io - Date Registered:   March 24, 2014, 01:10:54 AM

So as a first answer Raxe said he's still working with them. Is this coincidence or? Again, I'm asking for the entire community.

Just read through everything.  Seems someone scammed nexus and they changed names.  Is this not correct?  Read the whole thread, someone created duplicate thread and scammed folks, not nexus.

Raxxe gave us an answer. The way I see it the only thing we can do is trust him or get out now. I trust him. lets just hope that this turns out to be legit.

[arteleis]

and were not calling the dev scammers... It just looks "scammish" 

Dev has a good reputation in this community, lots followed him into this project just because of that. By requesting this premine does not mean it's a scam, as you've seen, dev is open to any projects related to this, so just wait for his answer. End of story.

sooo.... You say good rep, then bad rep.  Which is it?

and kinda confused here.. you mentioned scammed 100 btc?

https://bitcointalk.org/index.php?action=trust;u=216047
does this not say no coins risked or lost?

Feels like I'm wading through a pile of shit trying find the golden piece of shit that may not exist..

[arteleis]

My wallet is not staking is anyone else having this issue??

Wallet update scheduled for tonite.  Windows having problems.  Linux working fine.

[nfox]

and were not calling the dev scammers... It just looks "scammish" 

Dev has a good reputation in this community, lots followed him into this project just because of that. By requesting this premine does not mean it's a scam, as you've seen, dev is open to any projects related to this, so just wait for his answer. End of story.

sooo.... You say good rep, then bad rep.  Which is it?

and kinda confused here.. you mentioned scammed 100 btc?

https://bitcointalk.org/index.php?action=trust;u=216047
does this not say no coins risked or lost?

Feels like I'm wading through a pile of shit trying find the golden piece of shit that may not exist..

From previous posts Raxe made was logic that he had a good reputation isnt it, if you check TheNexus reputation or whatever his name is you can see trust ratings.
Good luck.

[Jkd84]

quietly mined away substantial chunk, position has been established, not selling even fraction of this coin, you fight your battles, IOSX wallet and especially debit card if released and distributed even to handful of merchants will make the news.. if not some energy and GPU was used up no big deal, and that is all that is to it, someone could easily now walk in and scoop 100K coins on exchange and assume even bigger position, maybe even 1 million coins, you will be surprised, but you, do chase ghosts and talk and talk

 

[arteleis]

and were not calling the dev scammers... It just looks "scammish" 

Dev has a good reputation in this community, lots followed him into this project just because of that. By requesting this premine does not mean it's a scam, as you've seen, dev is open to any projects related to this, so just wait for his answer. End of story.

sooo.... You say good rep, then bad rep.  Which is it?

and kinda confused here.. you mentioned scammed 100 btc?

https://bitcointalk.org/index.php?action=trust;u=216047
does this not say no coins risked or lost?

Feels like I'm wading through a pile of shit trying find the golden piece of shit that may not exist..

From previous posts Raxe made was logic that he had a good reputation isnt it, if you check TheNexus reputation or whatever his name is you can see trust ratings.
Good luck.

Uh.. Yes.. I just posted the nexus trust link.. It says 0 lost coins.  Can't find what the -4 trust rating is about other then in the thread where they warned of a duplicate thread stealing peoples coins. 
  Are you reading the threads you posting or just pulling bits and pieces like a psychotic bible thumper with snakes wrapped around his neck?

[TrollboxChamp]

Look at people trying to get cheap coins