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Wallenstein
Newbie
Offline
Activity: 56
Merit: 0
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June 02, 2014, 09:54:56 PM |
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135 Bitcoins for a coin with no real features and again not even a wallet. Just because it worked for BC doesn't mean 'a multipool' is any plan for the future and it certainly doesn't cost that much to set up.
Pass.
Please note that we DO have a wallet and that it will be released when the IPO period completes so that coin holders will be able to stake their coins for interest. Since we are 100% IPO/premine, there is no point in releasing a wallet right now. The decision whether to invest should be made based on the full/correct facts; I just want to correct the assertion that we don't have a wallet. We emphatically DO have a wallet and it will be released after the IPO.
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jasemoney
Legendary
Offline
Activity: 1610
Merit: 1008
Forget-about-it
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June 02, 2014, 09:55:48 PM |
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Algorithm: Scrypt 100% POS Interest % for PoS: 10% 1st year (1% declining rate each year following) Block Target: 60 seconds Confirmations: 4 Coinbase maturity: 50 1,350,000 Total Coins
coin size is nice, but scrypt? what gives? its POS coin eh? Also better luck this round serious14
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$MAID & $BTC other than that some short hodls and some long held garbage.
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dCom (OP)
Newbie
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Activity: 28
Merit: 0
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June 02, 2014, 10:08:00 PM |
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Did not expect Seriouscoins interest will be divided into another coin including Wallenstain. It is time to dump my XBC ! Good luck with your new coin.
coin size is nice, but scrypt? what gives? its POS coin eh?
Also better luck this round serious14
I would like to clear up any misunderstandings being brought forth with these posts. Nobody is splitting their allegiance to their respective coin teams in order to support dCom full time and this is not my intention with forming this team. Wallenstein has been hired to take care of web development for us and hold a portion of the IPO in trust, similarly Seriouscoins is also here to hold a portion of the fund in trust and provide us with input from his field of expertise as needed. I myself was involved on the PR team for XBC, this coin is an attempt to network developers together to bring an honest and true coin to the public. 100% of the coins have been placed for sale on Bittrex, no user on this team was provided with a stake of dCom in effort to sway their allegiance. Serious and Wallenstein are here to support us, they are not stepping down from their full time roles as developers for XBC and we understand that each members respective coins are in their interests. Also, the coin Algorithm is Scrypt; however we feel this is irrelevant as this coin will have no public mining phase. Again feel free to ask me any questions you may have.
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Wallenstein
Newbie
Offline
Activity: 56
Merit: 0
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June 02, 2014, 10:19:43 PM |
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Did not expect Seriouscoins interest will be divided into another coin including Wallenstain. It is time to dump my XBC ! Good luck with your new coin.
Seriouscoins and myself were brought to the team with the express intent to add specific expertise to the project in specific areas in which the existing development team felt it could not deliver to the standard which was the stated goal for this project. We are involved in this project and will continue to support it, but we are not, in any way shape or form, abandoning XBC. The XBC project is active, lots of things are happening and there will some new announcements made in the near future. Also, please realize that we owed a debt of gratitude to KreativeKrypto, who supported XBC during the crucial phase of the community takeover from the original developer. We have good relations with him and when he approached us we saw no reason not to help the man who had helped us previously. We believe that both coins are long-term coins which have some overlap but which will occupy different niches in the cryptocurrency ecosystem and we will do our utmost best to ensure the success of both coins.
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regmann
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June 02, 2014, 10:23:14 PM |
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i dont invest in ipo,s myself
but this is a way better ipo as mil on polo
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Kreativekrypto
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June 02, 2014, 10:24:48 PM |
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i dont invest in ipo,s myself
but this is a way better ipo as mil on polo
Ty Regmann, we will deliver on promises this I assure you.
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Bobsurplus
Legendary
Offline
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
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June 02, 2014, 10:27:23 PM |
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i dont invest in ipo,s myself
but this is a way better ipo as mil on polo
Without a doubt! The fact alone that this IPO will fund the future developments of the coin and is being held by 6 team members is proof enough that its a better IPO. Not to mention what like a 500+ btc ask on the mill IPO. That's crazy. For that kind of money they better be hiring Jeff Garzik.
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zxm7001
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June 02, 2014, 10:42:40 PM |
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any bounty for chinese translation?pm me if interest
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tristartek
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June 02, 2014, 10:48:53 PM |
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Where does the IPO money go? Who gets it?
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BTC: 1KTg6RkiHjovXqVfVB1a74NPPXLnoL1HNf
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GoodDaySir
Newbie
Offline
Activity: 27
Merit: 0
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June 02, 2014, 10:53:17 PM |
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is there any commitment that the team stays with the coin? would be great to have a new long term altcoin on the market.
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NewWorldCoiner
Sr. Member
Offline
Activity: 490
Merit: 250
Saved you from a scam? Send me some BTC!
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June 02, 2014, 10:55:03 PM |
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So this is like XBC, but scrypt?
Didn't XBCplus already make one of those? I seem to remember something like that.
And why will this succeed when you can't even get XBC off the ground?
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Kreativekrypto
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June 02, 2014, 10:55:31 PM |
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Where does the IPO money go? Who gets it?
The IPO portions are detailed in the OP under the Team header, this is going to be held publicly by all 6 members as each dev is charged with handling bounties for different aspects of this currency. It also reduces risk that any team members run off, not that it will happen cause I have all their home addresses! LOL
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Kreativekrypto
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June 02, 2014, 10:56:44 PM |
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is there any commitment that the team stays with the coin? would be great to have a new long term altcoin on the market.
Our goals for adoption require long term commitment, our multipool I personally hand selected for their community involvement and honest and open handling. This will be a project many can join, especially merchants looking to break into crypto.
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albertdros
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June 02, 2014, 11:03:06 PM |
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maybe i am missing something here but what will happen to the remaining coins that will not be sold during ipo on bittrex? I am guessing the 133 btc will definitely not be bought within the 4 days.
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Bobsurplus
Legendary
Offline
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
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June 02, 2014, 11:07:32 PM |
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maybe i am missing something here but what will happen to the remaining coins that will not be sold during ipo on bittrex? I am guessing the 133 btc will definitely not be bought within the 4 days.
If there are remaining coins then they will all be destroyed! I do however believe that our IPO goal is fair and on par with what's to come.
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Kreativekrypto
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June 02, 2014, 11:10:18 PM |
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maybe i am missing something here but what will happen to the remaining coins that will not be sold during ipo on bittrex? I am guessing the 133 btc will definitely not be bought within the 4 days.
If there are remaining coins then they will all be destroyed! I do however believe that our IPO goal is fair and on par with what's to come. To add to that, IF in the event not all coins are sold Bill at Bittrex will personally see to the destruction of the remainder per our agreement. He offered this service even before i asked, Bittrex is a solid exchange!
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GoodDaySir
Newbie
Offline
Activity: 27
Merit: 0
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June 02, 2014, 11:16:55 PM |
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reaching out to merchants is quite ambitious. how can dCom achieve this goal and what could be achievable milestones + timeframe?
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Wallenstein
Newbie
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Activity: 56
Merit: 0
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June 02, 2014, 11:22:18 PM |
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reaching out to merchants is quite ambitious. how can dCom achieve this goal and what could be achievable milestones + timeframe?
We have plans to launch a vendor portal which will dramatically lower the barrier to entry for smaller and medium sized merchants and drive the real-world adoption of the coin which in turn should drive demand (and thus price) of the coin. We have a working codebase for this which we are still refining. Further details will be communicated in the near future.
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Kreativekrypto
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June 02, 2014, 11:29:30 PM Last edit: June 02, 2014, 11:46:02 PM by Kreativekrypto |
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reaching out to merchants is quite ambitious. how can dCom achieve this goal and what could be achievable milestones + timeframe?
What we are offering with our merchant portal gives them free promotion and exposure, it's difficult to convince mom and pop type businesses absolutely, but many I speak with understand there's very little risk to them accepting dCom for payment as there are no ways to chargeback like a standard credit card. It boils down to presenting the option for what it is; goods and services for us to use at our leisure, and nearly free exposure for the merchants. Many of whom do very well by being on the forefront of money 2.0 as it helps them build their own sort of "hype". Timeframe wise is actually right now, many vendors are awaiting our IPO ending and the wallet release. We all have to have some good faith so I have many yes's to accept Digital Commerce already. Obviously with more time and focus we nail down the larger merchants, especially after we get USD/DCM pairing. C-cex could also be an available option if they are willing to work with our team.
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