[ANN][BLAKE-256] DIRAC (XDQ) - Advanced Finance

[coinweaver]

I edited my post to fix the error in my OP and then posted here that I made the correction.

Yes, you edited your post.  But the fact is that someone had to point out to you that it is impossible to fix the price of the coin.  

You don't even comprehend the most basic economic principles.  You are about as much of an economic expert as my dog.  

Why don't you disclose some of the other scams.. uh coins... that you have been involved in?

You're right. I'm wolong.  You got me.

Troll fail.

[coinweaver]

Dear Bryce,

               I feel that I speak for many members in writing this to you regarding Dirac. We are here because we believe in the idea you have proposed, which is why we've been vocal about our concerns. However, I also feel that the majority of them have went unaddressed and you haven't exactly been providing the community with compelling reasons to continue backing your cause.

The pairing of Dirac with NAUT is interesting in many different ways. From a technical standpoint I don't think anyone will question that you are the better developer, with NAUT, BK understood this and reached out for help when he needed it. Dirac (if I understand correctly) is based off of Blake Bitcoin and one of the features that has been touted is...

a specially modified codebase which allows for a process of currency cloning that is simpler than ever before.

With that being said, what real innovation does Dirac technically have, and what exactly classifies it as a "Financial Instrument"? I took the time to listen to your podcast (video too) and these questions still largely remained unanswered. I understand that the Blake256 algorithm has benefits in power efficiency, I understand that the Blake ecosystem allows for large scale merge mineable coins, but what else? Personally im not a programmer and I think you'll find that 99% of miners / investors aren't either, so being told to check out a Github repo does little in the way of boasting confidence to potential backers. We're not asking you to blueprint an ark here, we would just like some solid answers.

When it came to marketing, NAUT had it in the bag with media coverage, and a very active community here which BK was a very constructive part of. With Dirac you've made little to no effort to help and encourage users here (or elsewhere) to support your cause and furthermore you've belittled a majority of users here for asking basic questions about the project. BK manages a successful capital firm, he's a contributor to a major television network and yet he still finds the time to be helpful and answer questions from the community, why not you?

Being the crypto aficionado that you are; I think that you would have learned by now that a solid community can make or break a coin, you're currently dissolving yours.

I don't have a "cause".  This is not dogecoin.  This is not a pump and dump toy.  Community is important, but BitcoinTalk is not.  Dirac has a community... they just don't post here.  There's no social media plan.  There's just people who get it or people who don't.

I really don't care what most people here think because most people here invest in coins like WhiteCoin or AsiaCoin.

I'm sure there will be another shitcoin coming along soon enough.

Never premined a coin. Never did an IPO.  No POS/Multipool scams.

I am, however, building a financial infrastructure.  Dirac is a part of that.  If you don't want to trade it or mine it or take the time to actually learn how it works, that's fine.

Not my problem.  I have more stuff to do.

[somogyipeti]

When will work manual payments on http://eu3.blakecoin.com?

[coinweaver]

When will work manual payments on http://eu3.blakecoin.com?

I'm not running the pools so I have no idea, sorry.

[coinweaver]

The GitHub link wasn't in the OP because the OP is just a copy of the README.md from GitHub.

I've added the link to feed the trolls.

[Pyramusx]

I am, however, building a financial infrastructure.  Dirac is a part of that.  If you don't want to trade it or mine it or take the time to actually learn how it works, that's fine.

Not my problem.  I have more stuff to do.

You're not going to do that without a social media plan.

[coinweaver]

I am, however, building a financial infrastructure.  Dirac is a part of that.  If you don't want to trade it or mine it or take the time to actually learn how it works, that's fine.

Not my problem.  I have more stuff to do.

You're not going to do that without a social media plan.

You don't do that *with* a social media plan.

You do that with money.

Lemme 'splain.

Dirac isn't for "the community". It's for investors from *outside* the community.  The altmarket doesn't have enough liquidity to be financially viable.  Dirac is one step in a larger idea to change that.

All we do is push the same funds around between coins.  That needs to change.

[coinweaver]

https://cryptocointalk.com/forum/1446-dirac-xdq/

I've added the official forum on CryptoCoinTalk to the OP.

If anyone has any questions I'll be happy to answer them there.

Posting here makes me feel like I should take a shower.  No wonder people think every coin here is a scam... this forum is where all coin scams come from.

[Conqueror]

OK, I did a little digging to see what other coins the BIG EXPERT Coinweaver has been involved in.

Let's see, there's

PetroDollar - total market cap $8,814

OpenSourceCoin - total market cap $10,058

AmKoin - Not publicly traded, as far as I can tell.  Not surprising since it seems that the "economic purpose" of this coin was to honor a Conspiracy Theory website.  (No, I am not kidding.)

Yeah, you're a high roller, man.

If someone owned every single coin you've ever produced, they might be able to buy a used Hyundai.

LOL, Who cares about Coblees fucked-uped coins? Fairbrix, Tenebrix? Nobody, that's who.
Who care about Litecoin today? Well also nobody, but that is not exactly my point.
The lesson is> Even if your previous coins was disaster, if you learn from it and continue in the right direction your next coin can be a huge success (as Dirac will be).

[KimJongUn]

Dirac market Cap = 2,272,080 total Dirac * market price for Dirac (currently 16.6 Naut) * BTC price per Naut (Currently 0.00033) * BTC price (currently 496) = ~6M USD

Market cap is based on the total number of coins in existence, not the total number that may someday be produced.

Unless you're telling me that this joker has already mined all 2.2 million coins!

[goalcoin]

Dirac is intented not simply as a currency, but as a stable financial instrument capable of carrying vast amounts of wealth in a safe, secure, and in a manner more economically efficient than Bitcoin.  Free-market managed economic stability is a concept introduced by NautilusCoin(http://NautilusCoin.com) and then enhanced by Dirac.  Dirac will be traded in an exclusive currency pairing against NautilusCoin (NAUT market) on AllCrypt(http://AllCrypt.com). Between 90 and 100 days after launch, the market will be gradually purchased at fair market value for 25,000NAUT over a period of 30 days, backing the currency network and establishing a minimum price at that moment at roughly 0.07NAUT.

Dirac has a specially modified codebase which allows for a process of currency cloning that is simpler than ever before. Thousands of clones can now be created and each blockchain comes pre-built with merged mining.

Sounds really interesting and innovative. Where can I find out more about the cloning pre-built with merged mining?

[coinweaver]

Proof of existence of 25k NAUT for Dirac Buyback
Address:

NasWubPMuMaExrP94u6F2jFoeKM154r9up

Message:

NAUT Wallet for Dirac Buyback

Signature:

HwDgmyDNCRvZdio2iD+Euj+rl/6XMkwilGZJGlMzipAzfDVM03dNoJwjHvBBYPTsCS5xy8uf9KBhkzg7Xs13RPs=

[coinweaver]

Dirac market Cap = 2,272,080 total Dirac * market price for Dirac (currently 16.6 Naut) * BTC price per Naut (Currently 0.00033) * BTC price (currently 496) = ~6M USD

Market cap is based on the total number of coins in existence, not the total number that may someday be produced.

Unless you're telling me that this joker has already mined all 2.2 million coins!

Yes. 100% premine. You got me.

[coinweaver]

Dirac is intented not simply as a currency, but as a stable financial instrument capable of carrying vast amounts of wealth in a safe, secure, and in a manner more economically efficient than Bitcoin.  Free-market managed economic stability is a concept introduced by NautilusCoin(http://NautilusCoin.com) and then enhanced by Dirac.  Dirac will be traded in an exclusive currency pairing against NautilusCoin (NAUT market) on AllCrypt(http://AllCrypt.com). Between 90 and 100 days after launch, the market will be gradually purchased at fair market value for 25,000NAUT over a period of 30 days, backing the currency network and establishing a minimum price at that moment at roughly 0.07NAUT.

Dirac has a specially modified codebase which allows for a process of currency cloning that is simpler than ever before. Thousands of clones can now be created and each blockchain comes pre-built with merged mining.

Sounds really interesting and innovative. Where can I find out more about the cloning pre-built with merged mining?

AuxPOW has been added to the codebase and all of the parameters required to make a coin "unique" have been moved to clone.h and genesis.h.  Blockhalvings and difficulty calculations are still in main.cpp.  It takes some of the laborious hide-and-seek of making new coins out of the process.

[KimJongUn]

AuxPOW has been added to the codebase and all of the parameters required to make a coin "unique" have been moved to clone.h and genesis.h.  Blockhalvings and difficulty calculations are still in main.cpp.  It takes some of the laborious hide-and-seek of making new coins out of the process.

Wow, a straight answer.  Now was that so hard?

[KimJongUn]

So... looks like there's a HUGE crowd of people over on the Nautilus thread who are super pissed that you've destroyed the value of their coin by hitching this piece of junk to it.

Nearly 50% decline in the price of Nautilus in the past 24 hours, thanks to good ole Dirac.

Can't even stick to making your own shit coins.  Gotta shittify someone else's, too.

[stompix]

https://cryptocointalk.com/forum/1446-dirac-xdq/

I've added the official forum on CryptoCoinTalk to the OP.

If anyone has any questions I'll be happy to answer them there.

Posting here makes me feel like I should take a shower.  No wonder people think every coin here is a scam... this forum is where all coin scams come from.

With this way of talking I'm pretty sure you're doing this coin a great "favor" .

[KimJongUn]

"Sidechains are a mistake. No altcoin should ever want to tie its fate to Bitcoin. " - Bryce Weiner

Yet you have tied the fate of your coin to a start-up alt that's less than a month old.

And unfortunately, you've tied their fate to yours as well.

Dirac is a sinking ship sucking everything near it down its whirlpool.

[KimJongUn]

Posting here makes me feel like I should take a shower. 

From the man who runs a website that claims that the Sandy Hook massacre was a hoax!

[sgi02]

"Sidechains are a mistake. No altcoin should ever want to tie its fate to Bitcoin. " - Bryce Weiner

Yet you have tied the fate of your coin to a start-up alt that's less than a month old.

And unfortunately, you've tied their fate to yours as well.

Dirac is a sinking ship sucking everything near it down its whirlpool.

You know... You've been a real bastard in this thread. The reason being, because you've been 100% spot on the entire time. Normally I wouldn't pay much attention to comments like these, but ive checked your sources and you are indeed correct and honest in your statements, not just this one, but all of them. The quote above is from Twitter, and it appears the comment has been deleted. However you can still find a copy of it in google's cache, check it for yourself.