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Author Topic: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"  (Read 1150828 times)
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smooth
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November 15, 2015, 10:36:46 PM
 #5121

So, what's the difference when big banks create new money out of thin air and when clam doubles it's coin volume out of thin air?

When banks create money of thin air doesn't go proportionately to the people already holding the existing money, it goes to some insiders when then profit on distributing it at a higher price. The two are completely different.

The only issue here is whether it is legitimate to exclude the people who already own undug CLAMs. I don't believe it is but clearly some people do believe that, so let them create their own coin with their own idea of what the rules should be.
cjmoles
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November 15, 2015, 10:45:16 PM
 #5122

This is hyperbole, say they chose a point way back in the ledger where they held the dominant share....that wouldn't be an equal re-distribution.  And, neither is choosing block 730,000!  The distribution is NOT equal....some will have their investment halved (because of market cap and price dumps) while others will have their investment doubled (because they will dump one to preserve the other)!
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November 15, 2015, 11:14:14 PM
 #5123

At this point I am discussion weary. I don't care what we do as long as the final decision comes soon. I will support whatever dooglus wants to do.

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thinkpad99
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November 15, 2015, 11:19:35 PM
 #5124

good coin, i buy
BayAreaCoins
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November 15, 2015, 11:25:29 PM
 #5125

At this point I am discussion weary. I don't care what we do as long as the final decision comes soon. I will support whatever dooglus wants to do.


+1 i am also in favor of this.

I bet you are  Roll Eyes

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cjmoles
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November 15, 2015, 11:26:17 PM
 #5126

At this point I am discussion weary. I don't care what we do as long as the final decision comes soon. I will support whatever dooglus wants to do.

Yes.  Me too.  I only hope that he is listening to our concerns and has the community in mind.  I hope that his decision isn't based on personal gain, especially if it's at the expense of some of the projects loyal members.
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November 15, 2015, 11:33:12 PM
Last edit: April 19, 2016, 12:35:25 PM by Evil-Knievel
 #5127

This message was too old and has been purged
DrkLvr_
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November 15, 2015, 11:38:49 PM
 #5128

At this point I am discussion weary. I don't care what we do as long as the final decision comes soon. I will support whatever dooglus wants to do.


+1 i am also in favor of this.

I bet you are  Roll Eyes


You're still here?  Roll Eyes

I'm in favor of it because dooglus has proven himself time and again. What have you done besides pout, scream and cry?
cjmoles
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November 15, 2015, 11:45:55 PM
 #5129

At this point I am discussion weary. I don't care what we do as long as the final decision comes soon. I will support whatever dooglus wants to do.


+1 i am also in favor of this.

I bet you are  Roll Eyes


You're still here?  Roll Eyes

I'm in favor of it because dooglus has proven himself time and again. What have you done besides pout, scream and cry?

So, you truly think that the amazing buy support for Clam right now reflects the good decision making skills of your leader?  Are you a big investor or a dust bunny?
DrkLvr_
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November 15, 2015, 11:50:24 PM
 #5130

At this point I am discussion weary. I don't care what we do as long as the final decision comes soon. I will support whatever dooglus wants to do.


+1 i am also in favor of this.

I bet you are  Roll Eyes


You're still here?  Roll Eyes

I'm in favor of it because dooglus has proven himself time and again. What have you done besides pout, scream and cry?

So, you truly think that the amazing buy support for Clam right now reflects the good decision making skills of your leader?  Are you a big investor or a dust bunny?
`


Why do you give a shit? I'm just voicing my personal opinion. Deal with it Kiss
AltcoinScamfinder
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November 16, 2015, 12:05:43 AM
 #5131

At this point I am discussion weary. I don't care what we do as long as the final decision comes soon. I will support whatever dooglus wants to do.


+1 i am also in favor of this.

I bet you are  Roll Eyes


You're still here?  Roll Eyes

I'm in favor of it because dooglus has proven himself time and again. What have you done besides pout, scream and cry?

He spent an afternoon building a digging service and think's hes 'the community'. Disregard that child.

FOR RENT.
cjmoles
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November 16, 2015, 12:05:53 AM
 #5132

At this point I am discussion weary. I don't care what we do as long as the final decision comes soon. I will support whatever dooglus wants to do.


+1 i am also in favor of this.

I bet you are  Roll Eyes


You're still here?  Roll Eyes

I'm in favor of it because dooglus has proven himself time and again. What have you done besides pout, scream and cry?

So, you truly think that the amazing buy support for Clam right now reflects the good decision making skills of your leader?  Are you a big investor or a dust bunny?
`


Why do you give a shit? I'm just voicing my personal opinion. Deal with it Kiss

This is why I care....Clam has lost 90% of it's value in the past two months....If my investment was merely holdings I gleaned from clicking on a faucet captcha, I would be enthusiastic at the opportunity of doubling my quarter; however, if I bought in at 0.0113 a month or so ago and now my investment is worth one tenth of  that value with very little hope of re-bounding and talks of abandoning the coin for a re-brand, I'd be upset.
danonthehill
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November 16, 2015, 12:07:55 AM
 #5133

Assuming this must have been addressed at some point but missed it:

Is it technically possible to just reduce digging?

If it is possible, what is the reasoning against this minimal intervention to fix the problem, rather than launch a competing coin which favours some current holders of CLAM but not all?
DrkLvr_
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November 16, 2015, 12:17:17 AM
 #5134

At this point I am discussion weary. I don't care what we do as long as the final decision comes soon. I will support whatever dooglus wants to do.


+1 i am also in favor of this.

I bet you are  Roll Eyes


You're still here?  Roll Eyes

I'm in favor of it because dooglus has proven himself time and again. What have you done besides pout, scream and cry?

So, you truly think that the amazing buy support for Clam right now reflects the good decision making skills of your leader?  Are you a big investor or a dust bunny?
`


Why do you give a shit? I'm just voicing my personal opinion. Deal with it Kiss

This is why I care....Clam has lost 90% of it's value in the past two months....If my investment was merely holdings I gleaned from clicking on a faucet captcha, I would be enthusiastic at the opportunity of doubling my quarter; however, if I bought in at 0.0113 a month or so ago and now my investment is worth one tenth of  that value with very little hope of re-bounding and talks of abandoning the coin for a re-brand, I'd be upset.


Yes, but from what I can tell this is happening because of reasons beyond dooglus control. So what do you propose he do?
cjmoles
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November 16, 2015, 12:25:23 AM
 #5135

At this point I am discussion weary. I don't care what we do as long as the final decision comes soon. I will support whatever dooglus wants to do.


+1 i am also in favor of this.

I bet you are  Roll Eyes


You're still here?  Roll Eyes

I'm in favor of it because dooglus has proven himself time and again. What have you done besides pout, scream and cry?

So, you truly think that the amazing buy support for Clam right now reflects the good decision making skills of your leader?  Are you a big investor or a dust bunny?
`


Why do you give a shit? I'm just voicing my personal opinion. Deal with it Kiss

This is why I care....Clam has lost 90% of it's value in the past two months....If my investment was merely holdings I gleaned from clicking on a faucet captcha, I would be enthusiastic at the opportunity of doubling my quarter; however, if I bought in at 0.0113 a month or so ago and now my investment is worth one tenth of  that value with very little hope of re-bounding and talks of abandoning the coin for a re-brand, I'd be upset.


Yes, but from what I can tell this is happening because of reasons beyond dooglus control. So what do you propose he do?

Well, I don't know now....seems damage is done.  I would have let the market decide and let the "secret clam digger" get off his stash according to a Nash Optimization Principle instead of resorting to an obvious market manipulation technique.
DrkLvr_
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November 16, 2015, 12:35:31 AM
 #5136

At this point I am discussion weary. I don't care what we do as long as the final decision comes soon. I will support whatever dooglus wants to do.


+1 i am also in favor of this.

I bet you are  Roll Eyes


You're still here?  Roll Eyes

I'm in favor of it because dooglus has proven himself time and again. What have you done besides pout, scream and cry?

So, you truly think that the amazing buy support for Clam right now reflects the good decision making skills of your leader?  Are you a big investor or a dust bunny?
`


Why do you give a shit? I'm just voicing my personal opinion. Deal with it Kiss

This is why I care....Clam has lost 90% of it's value in the past two months....If my investment was merely holdings I gleaned from clicking on a faucet captcha, I would be enthusiastic at the opportunity of doubling my quarter; however, if I bought in at 0.0113 a month or so ago and now my investment is worth one tenth of  that value with very little hope of re-bounding and talks of abandoning the coin for a re-brand, I'd be upset.


Yes, but from what I can tell this is happening because of reasons beyond dooglus control. So what do you propose he do?

Well, I don't know now....seems damage is done.  I would have let the market decide and let the "secret clam digger" get off his stash according to a Nash Optimization Principle instead of resorting to an obvious market manipulation technique.


The market was already down close to 90% before any of these discussions took place. Last I heard the digger is only about 30% done with the wallet he's working on now. Imagine if when the digger is finally done selling off this wallet and there is no buy support to speak of... he starts digging on a second wallet? Oops. Would you continue to let the "secret clam digger" unload a second massive stash? How about a third? Didn't think so...

Maybe this 'problem of unknown supply' should have been identified at the inception of CLAM, but it wasn't. The CLAM distribution was a huge success, many people got their free CLAMS in the first 18 months. But now it needs to adapt or die, because if nothing is done this coin turns into 'Make-the-digger-stupid-rich coin' and no one will support that either.
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November 16, 2015, 12:41:28 AM
 #5137

At this point I am discussion weary. I don't care what we do as long as the final decision comes soon. I will support whatever dooglus wants to do.


+1 i am also in favor of this.


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¦
PRE-SALE SPECIAL  30%  BONUS   
Pre sale starts on 11.20.2017 9:00 UTC
danonthehill
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November 16, 2015, 12:48:05 AM
 #5138

If the digger is using BETVIP wallet as suggested then this wallet probably belongs to CLOUDBET (who have a presence on this forum), which purchased BETVIP user base. CEO appears to be this man:

https://twitter.com/jitenmelwani

Why not just ascertain that the wallet belongs to this gaming site and approach them requesting they kindly refrain from destroying another project in the Bitcoin space, good will and PR should be valued by any business.
romjpn
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November 16, 2015, 01:05:12 AM
 #5139

I'm in favor of limiting the digging with any solution (limiting, not stopping).
I'd vote against a new coin.
If there is no good solution for limiting the digging then just let it as is.

EDIT : It's hard to believe but we are under Paycoin now (coinmarketcap) Cry.

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nickhiggins123
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November 16, 2015, 01:17:34 AM
 #5140

A diggers paradise right here.
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