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

[rocoro]

leasing balance for forging

Sounds like a good idea,  but please; no java coins. 

Thanks.

[USB-S]

leasing balance for forging

Sounds like a good idea,  but please; no java coins. 

Thanks.

What's wrong with java. Most if not all big businesses use java server side. Far easier to code and debug a secure system than any other language out there. Also java is currently available on more devices than any other programming language.

However, how much will clam tank before we hit the floor with the price? I'm glad I sold mine at 130k sats. It hit 107k sats today, lowest it has been this year on polo.

[rocoro]

Not going to list or get in fights about all the things wrong with Java, there is vast amounts of information already available on that.

Regarding the floor,  I guess it depends on the rate of dumping by the dumper.

[thefix]

Not going to list or get in fights about all the things wrong with Java, there is vast amounts of information already available on that.

Regarding the floor,  I guess it depends on the rate of dumping by the dumper.

Many other factors to consider as well--- not just a single digger

Remember the Millions of coins that have not been claimed yet

We could see many more large diggers very soon or down the road.

People have to decide if they want to take the risk of supporting future large diggers.

[rocoro]

Not going to list or get in fights about all the things wrong with Java, there is vast amounts of information already available on that.

Regarding the floor,  I guess it depends on the rate of dumping by the dumper.

Many other factors to consider as well--- not just a single digger

Remember the Millions of coins that have not been claimed yet

We could see many more large diggers very soon or down the road.

People have to decide if they want to take the risk of supporting future large diggers.

Or, what if there isn't really any..  maybe just a bunch of lost forgotten addresses? 
Could be a very limited supply then, of clam.

[smooth]

What we have seen every time in the past (AFAIK -- I wasn't around at the very beginning so I may be wrong about very early digs), including this one, is that most often diggers show up after big price increases. It may be people who are aware of their available dig but don't bother until the price goes up enough to motivate them, or people who aren't even aware of CLAM until it starts showing up on price and volume leader boards, and then figure out they have coins to dig.

So my prediction is that we will not see any more big digs until the price recovers. Of course, it is just a prediction, and could well be incorrect.

The discussion about cutting off or taxing digging may motivate more short term diggers than otherwise would have been the case though.

[crazyivan]

All I can say is THANK YOU digger for fucking up a great coin. Now you can dump as much as you want.

If you were a bit smarter, you could have profited 10x more from CLAM but I guess greed really conquers all.

[thefix]

Not going to list or get in fights about all the things wrong with Java, there is vast amounts of information already available on that.

Regarding the floor,  I guess it depends on the rate of dumping by the dumper.

Many other factors to consider as well--- not just a single digger

Remember the Millions of coins that have not been claimed yet

We could see many more large diggers very soon or down the road.

People have to decide if they want to take the risk of supporting future large diggers.

Or, what if there isn't really any..  maybe just a bunch of lost forgotten addresses? 
Could be a very limited supply then, of clam.

Could be, it just depends on your tolerance for risk

[thefix]

Sorry for the giant post, but there's too much to reply to here...

Making a new coin and leaving CLAM rules unchanged does seem the fairest way to proceed. Then the people who didn't hear about CLAM yet will still have CLAM waiting for them when they finally do hear about it.

Maybe as BAC suggested we should take any discussion of "doogcoin" off this thread, like how discussion of "Bitcoin XT" was moved away from BTC forums - since it really isn't anything to do with CLAM, other than using a snapshot of the CLAM blockchain for its initial distribution.

I took a snapshot of the JD database just as CLAM block 730000 was staked. As the first multiple of 10k after the idea was proposed this seems as good a point as any. Having the snapshot point be in the past prevents any manipulation by people buying CLAM just to increase their initial allocation of "doogcoin". I checked the Poloniex charts and it appears there was no unusual trading before that point.

I know this is kind of off the table for now, I am just curious how quickly you could implement this if you found the need?

[rocoro]

Sorry for the giant post, but there's too much to reply to here...

Making a new coin and leaving CLAM rules unchanged does seem the fairest way to proceed. Then the people who didn't hear about CLAM yet will still have CLAM waiting for them when they finally do hear about it.

Maybe as BAC suggested we should take any discussion of "doogcoin" off this thread, like how discussion of "Bitcoin XT" was moved away from BTC forums - since it really isn't anything to do with CLAM, other than using a snapshot of the CLAM blockchain for its initial distribution.

I took a snapshot of the JD database just as CLAM block 730000 was staked. As the first multiple of 10k after the idea was proposed this seems as good a point as any. Having the snapshot point be in the past prevents any manipulation by people buying CLAM just to increase their initial allocation of "doogcoin". I checked the Poloniex charts and it appears there was no unusual trading before that point.

I know this is kind of off the table for now, I am just curious how quickly you could implement this if you found the need?

Hmmm... couldn't large investors  / holders (at the time of the snapshot) just dump that new coin down also?  

I don't see how that's a great solution.

[thefix]

Sorry for the giant post, but there's too much to reply to here...

Making a new coin and leaving CLAM rules unchanged does seem the fairest way to proceed. Then the people who didn't hear about CLAM yet will still have CLAM waiting for them when they finally do hear about it.

Maybe as BAC suggested we should take any discussion of "doogcoin" off this thread, like how discussion of "Bitcoin XT" was moved away from BTC forums - since it really isn't anything to do with CLAM, other than using a snapshot of the CLAM blockchain for its initial distribution.

I took a snapshot of the JD database just as CLAM block 730000 was staked. As the first multiple of 10k after the idea was proposed this seems as good a point as any. Having the snapshot point be in the past prevents any manipulation by people buying CLAM just to increase their initial allocation of "doogcoin". I checked the Poloniex charts and it appears there was no unusual trading before that point.

I know this is kind of off the table for now, I am just curious how quickly you could implement this if you found the need?

Hmmm... couldn't large investors  / holders (at the time of the snapshot) just dump that new coin down also?  

I don't see how that's a great solution.

I am mostly just interested in how quick it could happen not so much about right or wrong. It would all sort out with people using it or not much the same way people are voting for clam now with $$$

[smooth]

Don't you wonder that CLAM still goes down, even when the digger has revealed himself?

Being caught in a marketwide downdraft means something. Almost every coin is down today except NMC and RBY.

BTC up, pretty much everything else down.

[dooglus]

All I can say is THANK YOU digger for fucking up a great coin. Now you can dump as much as you want.

If you were a bit smarter, you could have profited 10x more from CLAM but I guess greed really conquers all.

I understand that you're mad about the price dropping, but I don't think your two sentences make sense together.

The digger had a certain large amount of CLAM to dig. He wanted to sell it all. If you're right that he could have profited 10x more, that means he could have taken 10x more value from us CLAM holders. Wouldn't that have fucked up the coin more? We would end up having bought the same number of CLAMs from him, but having paid 10x more for them. How is that good for us?

I know this is kind of off the table for now, I am just curious how quickly you could implement this if you found the need?

I think that if it ever came to the point that I felt I had to stop using CLAM at Just-Dice, it would make more sense to use an established more stable coin (like BTC (but don't tell uvwvj)) and simply put a cap on the bankroll size to avoid things getting out of control like they did before.

We're not near that point now. I just don't think it's worth the hassle of making a new coin, setting up a block explorer, petitioning to get it listed on exchanges, having to listen to attacks from all the people who disagree with the arbitrary choice of initial distribution, and all that stuff that goes along with making a new coin.

[freedomno1]

All I can say is THANK YOU digger for fucking up a great coin. Now you can dump as much as you want.

If you were a bit smarter, you could have profited 10x more from CLAM but I guess greed really conquers all.

I understand that you're mad about the price dropping, but I don't think your two sentences make sense together.

The digger had a certain large amount of CLAM to dig. He wanted to sell it all. If you're right that he could have profited 10x more, that means he could have taken 10x more value from us CLAM holders. Wouldn't that have fucked up the coin more? We would end up having bought the same number of CLAMs from him, but having paid 10x more for them. How is that good for us?

I think the pacing is what would be more important, that said is the Clam Whale almost done digging yet the price is low enough that at this stage a fast dump is a lot better than a slow prolonged one.

[dooglus]

I think the pacing is what would be more important, that said is the Clam Whale almost done digging yet the price is low enough that at this stage a fast dump is a lot better than a slow prolonged one.

He's done digging, apparently. But not done selling.

And when you say "better", better for who? It's a zero sum game. Better for the digger means worse for the rest of us, doesn't it?

[rocoro]

I think the pacing is what would be more important, that said is the Clam Whale almost done digging yet the price is low enough that at this stage a fast dump is a lot better than a slow prolonged one.

He's done digging, apparently. But not done selling.

And when you say "better", better for who? It's a zero sum game. Better for the digger means worse for the rest of us, doesn't it?

I guess its' all how you look at it,  some people are seeing it as a chance to load up on more clam.

For every sell there is buys. 

[Hippie Tech]

That scam site is still showing on your sig and we have yet to hear how or why you were paid and/or if you have been deleting posts.

[SuperClam]

That scam site is still showing on your sig and we have yet to hear how or why you were paid and/or if you have been deleting posts.

"That scam site" is nothing more than a gateway/advertising page when I checked when you first brought it up.

I will pull out the older laptop and get the login credentials when I have a secondary reason to do so.
At the moment, I have better things to do.

I haven't deleted any posts except those I have referenced in this thread, and often even quoted them before they are deleted.

Your questions have been repeatedly answered.
My patience with your trolling is growing thin, Hippie Tech.

[jaysabi]

Where's the wallet coming from and why did he chose to crash the price the way he did instead playing the game calmly and earning more that way?

He did not admit to where it was from, but suspicions seem to be that it was a wallet used for cheating faucets.

I missed or do not understand this part of the story. What is the allegation as far as cheating faucets goes?

[seedtrue]

Where's the wallet coming from and why did he chose to crash the price the way he did instead playing the game calmly and earning more that way?

He did not admit to where it was from, but suspicions seem to be that it was a wallet used for cheating faucets.

I missed or do not understand this part of the story. What is the allegation as far as cheating faucets goes?

A I wrong in assuming most of these addresses were funded from faucets originally? When the digging started I had analyzed a few of the addresses, and that is the conclusion I came to. Looking over the 2 addresses you signed, I am still under the same assumption.

I won't say, but wouldn't it be so sad if I was just scamming faucet payouts for tiny amounts of bitcoin. And those faucets payout didn't make me much but it made me a ton of clams!