[ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"

[BayAreaCoins]

I'm sure you are doing the math right now for the end digger being the affiliate.

If the 500,000 CLAM holder dumped his entire stash right now... CLAM would drop even below the sites profitability mark for the BTC dig option.  I'm just not ready to take that risk tolerance & we would like to become a "back bone" of CLAM as well, but that takes capital.

If you truly think CLAM is worth the level of BTC it is at at the moment... put 3,000 Bitcoins on the bid.  That's a huge reason why Just-Dice was so successful in the first place because you used to put your BTC where your mouth was.  I'd be happy to up our payments with a little security on the ass end.  Right now all I see is the market dipping when people win big on Just-Dice.  

Give the gamblers and the market some confidence if you are so confident my fee's are so bad.

[dooglus]

I was thinking if the end user self affiliated because that is what I would do.

Would you really use clamchecker to dig your CLAMs? Would anyone who realised they could dig for free and avoid the 81% fee?

I don't think so.

If the end user was their own affiliate your "shit" would in fact be "not together" on that math.

I edited my comment because I understood where you were coming from, but I'm glad you grabbed it in a quote so I could point out where I was thinking from.

OK, so if they refer themselves they get an extra 0.002 BTC, and so 'only' end up giving you a 74% fee:

    >>> 100 - (0.005 + 0.002) * 100 / 0.0276
    74.63768115942028

That still doesn't seem overly reasonable.

The offer on the thread you linked to seems good - you're giving them 3.5 + 1.0 CLAM plus 0.002 BTC (= 0.33333 CLAM) for a total of 4.8333 CLAM per dig, which means you take a small loss for each dig. I would be a little worried about the small print that says "we do reserve the right to refuse this offer" but I have no CLAMs to dig anyway.

I'm sure you are doing the math right now for the end digger being the affiliate.

Good guess!

If the 500,000 CLAM holder dumped his entire stash right now... CLAM would drop even below the sites profitability mark for the BTC dig option.  I'm just not ready to take that risk tolerance & we would like to become a "back bone" of CLAM as well, but that takes capital.

If by "back bone" you mean you want to prop up the price no matter how much is dug up, I think that's a silly thing to even try to do. There are millions of undug CLAMs out there. No way can anyone prop up the price if a significant portion of them are dug and dumped.

If you truly think CLAM is worth the level of BTC it is at at the moment... put 3,000 Bitcoins on the bid.

I have no view on the value of CLAM. I guess it's worth whatever people will pay for it. I'm not going to spend thousands of BTC propping up the price. Why would I?

That's a huge reason why Just-Dice was so successful in the first place because you used to put your BTC where your mouth was.  I'd be happy to up our payments with a little security on the ass end.  Right now all I see is the market dipping when people win big on Just-Dice.  

I'm not sure what you're referring to. I used to be a big investor in Just-Dice when it was using BTC, much like I am a big investor now that it's using CLAM. Other than that, I don't know what you mean about money-where-my-mouth-is.

Give the gamblers and the market some confidence if you are so confident my fee's are so bad.

I think your fees are bad given the current price. It seems to me it would make sense to have the BTC price you offer depend on the exchange rate, rather than using an artificially low price "just in case".

[BayAreaCoins]

I was thinking if the end user self affiliated because that is what I would do.

Would you really use clamchecker to dig your CLAMs? Would anyone who realised they could dig for free and avoid the 81% fee?

I don't think so.

People use Shapeshift.io for a 10% fee when Poloniex charges .2%.

People use x's stupid fucking rain bot in your channel for 3-50% fee when they can /tip for free as well.

Not seeing your point... we provide a service that has yet to be provided in CLAM and I believe it will bring additional security & attention to the Clamcoin network.

Hopefully you choose to do the right thing here soon and stop accepting investments in order to decentralize CLAM.

[dooglus]

People use Shapeshift.io for a 10% fee when Poloniex charges .2%.

10% is expensive. But you're charging over 80%...

Not seeing your point... we provide a service that has yet to be provided in CLAM and I believe it will bring additional security & attention to the Clamcoin network.

There's already a digging service - Just-Dice offers it. What's new with your service? Nobody ever tried charging such high fees before; I guess that's new. But is it needed?

Hopefully you choose to do the right thing here soon and stop accepting investments in order to decentralize CLAM.

The way to decentralise CLAM is for someone to offer a competing service, not to artificially limit the biggest source of demand for CLAM. If I was to stop allowing people to invest in Just-Dice, who do you think would buy the thousands of CLAM that the digger dumps on the market each day? What would they use them for? Investing in JD accounts for the lion's share of the current demand for CLAM.

[BayAreaCoins]

If you truly think CLAM is worth the level of BTC it is at at the moment... put 3,000 Bitcoins on the bid.

I have no view on the value of CLAM. I guess it's worth whatever people will pay for it. I'm not going to spend thousands of BTC propping up the price. Why would I?

Then why are you bitching about my price.  For all you know ClamChecker.com is paying 10x market price today than what Poloniex will be paying 6 months down the road.

Well people generally spend money or BTC on shit they believe in.  I think your post makes it pretty obvious you lack faith in the CLAM investment.  You had enough faith in JD BTC to invest thousands of Bitcoin to start off with and that faith inspired other people to invest as well... thus your site was a success.

I've had enough faith to work on this project for months and months.  I'm absolutely confident people need Clamchecker and will use it.

I don't know what you mean about money-where-my-mouth-is.

http://www.urbandictionary.com/define.php?term=put+your+money+where+your+mouth+is

10% is expensive. But you're charging over 80%...

Our fee is not based on %'s.  We pay a flat rate for all of our options.

I'm not trolling you...

There's already a digging service - Just-Dice offers it. What's new with your service? Nobody ever tried charging such high fees before; I guess that's new. But is it needed?

You aren't trolling hu?  Sure dude... just like you didn't add my faucets to the list a month ago because we added the links to ClamChecker 3 days ago.    You are so full of shit now days and sloppy it is truly sad.

The affiliate part of our site is new and needed...  The part that rewards people for doing a good job or bringing people to our site and CLAM in general.

I'm not going to allow myself to get cranky with you Dooglus and you are welcome to hate on my service all you'd like.  I'm not going to dive into the fact you own and operated a unregulated casino with underage USA and UK players on it on a daily basis that counts on players to recklessly gamble 100% their "free coins" they dig through chat.  

Bottom line is that we do offer a free convenient way for people to check their addresses and we have options for people to dig if they so wish.  We also reward affiliates for telling folks about their CLAMS.  I understand you chose not to and that is your choice.  

My site... my rules.

https://www.youtube.com/watch?v=YMDITyYfua8

[BayAreaCoins]

The way to decentralise CLAM is for someone to offer a competing service

You are wrong.

Sort of like basketball with one goal 10 feet high and the other one 1000 feet high and saying "we can switch sides when you score basket".

not to artificially limit the biggest source of demand for CLAM.

Every other pool or anything relating to decentralized currency has a moral/crypto obligation in order to "artificially" limit their control over the network to prevent a central point of failure.  I remember you before this fucking god complex kicked in and you shared similar beliefs.  I even recall you discussing DDoSing Netcodepool or renting mining power to offset them back when they almost crossed the 51% mark early DOGE days.

If I was to stop allowing people to invest in Just-Dice, who do you think would buy the thousands of CLAM that the digger dumps on the market each day?

I think people would buy them and stake them on their own further decentralizing CLAM & encourage other people to dig their CLAMS in order to "open up" more to invest on Just-Dice.  They would probably gamble more as well which would be better for investors rather than seeing their investments become more and more diluted.  You would also earn more income due to additional play & the network would begin a new life of expanding beyond a central point of failure. (Still accept deposits for gambling, but do not stake the coins.)

It is your site and you are welcome to do what you want, but this type of shit is only flying due to greed.

What would they use them for?

See the answer above.  You could actually use this to the investors and your advantage if you'd played your cards right.  Open your mind and let people use their CLAMS for whatever they want to use them for.  Perhaps the lack of ways to use CLAM would actually encourage the creation of more ways to use CLAMS.

It still blows me away you thought /offsite would do anything  .

Investing in JD accounts for the lion's share of the current demand for CLAM.

It won't be as soon as you actually get serious about decentralization, stop being greedy and do the right thing.

[BayAreaCoins]

Would you really use clamchecker to dig your CLAMs? Would anyone who realised they could dig for free and avoid the <%> fee?

I don't think so.

People use x's stupid fucking rain bot in your channel for 3-50% fee when they can /tip for free as well.

Here an example of x milking Just-Dice users who have the option of doing /tip for free, but a 10% fee that just happened.

 

He didn't even label that there was a fee at all until I bitched about the lack of labeling weeks ago.

The bots algorithm is a secret and I would not be surprised if it was set up to be sure to pay x so much every rain or a number of "sketchy" spam encouraging filters.  Not that you actually give a shit about your users or chat anyways anymore.  (I'm sure you will argue that you do and that is why you shadow ban www.ClamcoinFaucets.com and www.Clamchecker.com)

I think the trivia bot that operates on Just-Dice takes a 40% fee. (I believe that is what I saw someone say... again.. lack of labeling right under your own nose.  Perhaps it is "grandfathered in"  .)

[SuperClam]

Issues concerning Just-Dice, JD rain bots, JD trivia bots, etc. should be taken to the Just-Dice thread.
Issues concerning ClamChecker should be taken to the ClamChecker thread.

Also, a bit of respect in the thread here, please.

Thanks!

[BayAreaCoins]

Issues concerning Just-Dice, JD rain bots, JD trivia bots, etc. should be taken to the Just-Dice thread.
Issues concerning ClamChecker should be taken to the ClamChecker thread.

Very true.

My bad Creative or Xploited.

Also, a bit of respect in the thread here, please.

Sorry, edited a few things to be more respectful.

I was only trying to help the guy looking to monetize off telling his users and followers about their CLAMS before Doog jumped my ass about issues he has concerning my gay little Clamcoin service.

guys...
if i make post about CLAMs on http://fuk.io - that goes to 1800 double email subscrived members, my 4,5k+ twitter and rest of socials.... can i count on small CLAMs tip?

asking because due to some failure i have deleted my clams .dat file that had alot...
i wanna promote this but would be cool to get some CLAMs to stack

You can become an affiliate for www.ClamChecker.com.

It is totally free for your users to check for CLAMS and we provide different options for them to dig if they chose not to go the client route (we also provide a link to the Github for the client).

Our affiliate system pays .002 BTC each dig or .1 CLAM each dig (your choice.)  The affiliate pay is sent after each dig has 6 confirmations on it.

Simply type our domain as ClamChecker.com/YOURBTCorCLAMADDRESS.

For more details click the "Bitcoin Talk Thread" button in my signature.

Feel free to message me with any questions and look forward to working with you.

On the positive side of going back and forth... we did keep the thread bumped all night .

[dooglus]

Issues concerning Just-Dice, JD rain bots, JD trivia bots, etc. should be taken to the Just-Dice thread.
Issues concerning ClamChecker should be taken to the ClamChecker thread.

I'd like the chance to defend myself and reply to some of the points that were made. In particular I don't and never have supported DDoS, and don't and never have tried to limit what anyone does with their CLAM.

I guess I'll leave it at that.

[darlidada]

There is 1M USD stuck on JD. When will Dooglus think he's handling too much money and shut down the site and people are left with clams that are worth nothing? This is all a very crazy stupid idea.

[Jbanna]

There is 1M USD stuck on JD. When will Dooglus think he's handling too much money and shut down the site and people are left with clams that are worth nothing? This is all a very crazy stupid idea.

1M USD is not a lot of money for such a popular business and service.

[dooglus]

Updated 'dig' charts:

[dooglus]

https://www.youtube.com/watch?v=cxxRIh2Mf8Y&feature=youtu.be

Reported as off-topic spam.

[dooglus]

There are a couple of decent buy orders on poloniex over 0.006 BTC at the moment:



I don't really understand, given how many CLAMs the big digger still has to unload.

[kito]

I had an idea about tx fees.  I would to see the clam client allow people who stake their clams have some control over the transaction fees they will accept.  Also the ability client to publish their fee requirements into the block chain.  This way poeple making transactions could dynamically see what the required tx fee will be needed to get their transactions approved.  If the client scans last X number of blocks for example, it could calculate the probability or time it would take to get the transaction approved. 

This would provide a self adjusting fee system.  The way bitcoin seem to work to me, is the client sw is manually tweaked with new tx fees structure depending on the price of the currency relative to USD and potential threat of spam.  So I thinking this would be better way to handle this.

[SuperClam]

I had an idea about tx fees.  I would to see the clam client allow people who stake their clams have some control over the transaction fees they will accept.  Also the ability client to publish their fee requirements into the block chain.  This way poeple making transactions could dynamically see what the required tx fee will be needed to get their transactions approved.  If the client scans last X number of blocks for example, it could calculate the probability or time it would take to get the transaction approved. 
This would provide a self adjusting fee system.  The way bitcoin seem to work to me, is the client sw is manually tweaked with new tx fees structure depending on the price of the currency relative to USD and potential threat of spam.  So I thinking this would be better way to handle this.

There has been recent conversation concerning changes which might institute a dynamic fee market environment.

Bitcoin does not, beyond conceptual game theory situations, currently work that way.  At least, the core implementation doesn't.

[ajareselde]

I have a few question, if someone is willing to answer them:

-Looking back at the price graph from poloniex, i see that CLAM price was increased upto ~0,015 btc/clam ; was there any particular reasoning for this ?
-If i am to stack my ~200 clams, how much would i earn and in what timeframe?

(I rarely dealt with pos coins so excuse my lack of understanding)

cheers

[Jungian]

There are a couple of decent buy orders on poloniex over 0.006 BTC at the moment:
I don't really understand, given how many CLAMs the big digger still has to unload.

Might be the digger trying to pump up the price to have more to dump into.

[smooth]

I don't really understand, given how many CLAMs the big digger still has to unload.

Investors must think the buyers will be there for all of it.