[ANN][GoldReserve][XGR]X11 Unique Stabilizer Fund, BACKED BY GOLD NOW!

[scorpio18]

GoldReserve POOL
http://gre.freemoneyonlines.info/

Is up and running!GO GO GO

If you have problem with our pool contact us on Freenode channel #COINMINERS .

1% Pool Fee / PROP payout system

Point your miners at: stratum+tcp://gre.freemoneyonlines.info:3336

Optimized GPU Miner: ./sgminer -k x11mod -o stratum+tcp://gre.freemoneyonlines.info:3336 -u Weblogin.WorkerName -p WorkerPassword

CPU Miner: ./minerd -a X11 -o stratum+tcp://gre.freemoneyonlines.info:3336 -u Weblogin.WorkerName -p WorkerPassword
Spread the hashes!! We need more miners here  

[1715384468]

1715384468

[1715384468]

1715384468

[1715384468]

1715384468

[VegasMiner]

I am not a youngster trying to raise fund for a fancy car! I observed and involved in the cryptoworld for a while now, and as I have enough life experience in various fields, I know that digital money is the next step after paper money. Cryptocurrencies and the unique technology behind them (the blockchain of course!) giving them the advantage over any other digital money technology banks and other organization try to implement.
I see that some of us think Bitcoin and altcoins should be a Riot and it should wash out the big, bad banks forever, but I have a different approach! I think it should be a smooth process, which satisfy both parties at least a little. The bank sector should stay, and they should practice what they are at best, storing money safely, but individuals should have the right to have control over their finances, and they should have decide how much control (storage, safekeeping, etc) they willing to give to a third party.
I know its a long process, but we should start somewhere!

This guy talks like he has no idea how any of this stuff works.
Digital money is the next step after paper money dear lord. The USD is already digital money and the unique technology behind bitcoin is not "the blockchain of course!".
There is 0 professionalism here.
Let me paraphrase for everyone who is naive:
"Hey guys, can everyone give me a bit of money so I can go and buy gold in my own name that will legally be owned by me? I promise to use it to buy back your worthless coins later if you guys ever figure out I have NOTHING going on and no plans/ability to create a global currency."

Firstly the amount of GOLD he will be able to buy will be so infinitely small that even if he would buy back everyones coins, you would only get a fraction of what they are worth.

There is a huge amount of counterparty risk here.
There is a huge premine + IPO.
He wants a SALARY + money for development.

So many red flags people. Why is no one skeptical?
What the fuck is wrong with this community?
How are some of us this stupid?

+1
Waste of hashrate! Waste of time! And waste of POWER! Takes more power to mine this garbage then there is gold in the world.

[yogibaer]

When does POW end for this coin?

I cant seem to see it!

Specifications:

- algo: X11
- Max. coins: 40.000.000
- Block time: 110 sec
- Coin maturity 30 blocks
- difficulty retarget: after 10 blocks
- min coin age 24 hrs
- Coin age maturity 10 days
- block rewards:
   till block 100                  100 coins
   till block 500                  300 coins
   till block 10,000              600 coins
   till block 50,000              300 coins
   till block 100,000            100 coins


POW phase till block 100,000
POS interest 10% annually, starting from block 50,000.

[somogyipeti]

I think this dev is a trusted people in crypto-world.

Good luck with your coin!

[Mesterlovesz74]

I think this dev is a trusted people in crypto-world.

Good luck with your coin!

Thank you for the kind words!

[jmsr1978]

MineP.it GoldReserveCoin Pool

Register now, if you haven't already done so, and prepare your workers be ready for launch!

Stratum connection example:
stratum+tcp://gre.minep.it:3359 -u MinepitUsername.anything -p anything

MinePit Pools

• 0.75% fees across the board
• Rock solid security and stability
• One registration to access all our pools
• Auto payouts every minute (manual payouts too)
• 24/7 on-site chatbox
• Super fast, powerful, scale-able servers
• Unbeatable DDOS protection
• Unique, custom interface and back-end infrastructure
• Super fast compile times - we aim to be one of the first pools running at every launch

Join us now!

Withdraw is not working in ur pool...what is happening?

[MineP.it]

MineP.it GoldReserveCoin Pool

Register now, if you haven't already done so, and prepare your workers be ready for launch!

Stratum connection example:
stratum+tcp://gre.minep.it:3359 -u MinepitUsername.anything -p anything

MinePit Pools

• 0.75% fees across the board
• Rock solid security and stability
• One registration to access all our pools
• Auto payouts every minute (manual payouts too)
• 24/7 on-site chatbox
• Super fast, powerful, scale-able servers
• Unbeatable DDOS protection
• Unique, custom interface and back-end infrastructure
• Super fast compile times - we aim to be one of the first pools running at every launch

Join us now!

Withdraw is not working in ur pool...what is happening?

Sorry about that. Should be fine now. Let me know if you don't receive your coins.

[Mesterlovesz74]

Hi!
No social? Twitter? FB?

We have a twitter account now: @GoldReserveCoin. Enjoy.

[jmsr1978]

MineP.it GoldReserveCoin Pool

Register now, if you haven't already done so, and prepare your workers be ready for launch!

Stratum connection example:
stratum+tcp://gre.minep.it:3359 -u MinepitUsername.anything -p anything

MinePit Pools

• 0.75% fees across the board
• Rock solid security and stability
• One registration to access all our pools
• Auto payouts every minute (manual payouts too)
• 24/7 on-site chatbox
• Super fast, powerful, scale-able servers
• Unbeatable DDOS protection
• Unique, custom interface and back-end infrastructure
• Super fast compile times - we aim to be one of the first pools running at every launch

Join us now!

Withdraw is not working in ur pool...what is happening?

Sorry about that. Should be fine now. Let me know if you don't receive your coins.

working now, thanks for the fast answer

[luya518]

Chinese translation：http://www.btclt.cn/group-663-1.html

[Mesterlovesz74]

Chinese translation：http://www.btclt.cn/group-663-1.html

Thank you, we have a chinese translation at the chinese section of Bitcointalk.

[Kenta]

[self moderated]

[allcoin.com]

We've added GRE/BTC market.
https://www.allcoin.com/trade/gre_btc

[NewWorldCoiner]

How does IPO work? Who can buy?

IPO is closed now. I asked my friends whether they fund my coin and I offered them an IPO. 3 of them interested. They are the IPO holders now.

Got a couple of queries for you here, why have you sold the IPO before mining even started? The ANN says it won't be sold for five days, or until daily volume equals the IPO amount, presumably to prevent dumping? So why has it been sold already?

Also, how does selling it to your friends benefit the community and the coin? Your Initial Private Offering does nothing to ensure a fair distribution, just the opposite in fact.
Less than 275,000 coins have been mined by the whole community at this moment, and your three friends have 700,000 between them. Not good.

And how much was it sold for? What was the price per GRE, how much BTC was received in total, and where is that BTC? Will you supply the address for the community?

In the interest of transparency, I thank you in advance for your reply. 

[amit2007gunjan]

How does IPO work? Who can buy?

IPO is closed now. I asked my friends whether they fund my coin and I offered them an IPO. 3 of them interested. They are the IPO holders now.

Got a couple of queries for you here, why have you sold the IPO before mining even started? The ANN says it won't be sold for five days, or until daily volume equals the IPO amount, presumably to prevent dumping? So why has it been sold already?

Also, how does selling it to your friends benefit the community and the coin? Your Initial Private Offering does nothing to ensure a fair distribution, just the opposite in fact.
Less than 275,000 coins have been mined by the whole community at this moment, and your three friends have 700,000 between them. Not good.

And how much was it sold for? What was the price per GRE, how much BTC was received in total, and where is that BTC? Will you supply the address for the community?

In the interest of transparency, I thank you in advance for your reply. 

Valid question. Need response from dev if he is not pump and dumper.

[Kenta]

How does IPO work? Who can buy?

IPO is closed now. I asked my friends whether they fund my coin and I offered them an IPO. 3 of them interested. They are the IPO holders now.

Got a couple of queries for you here, why have you sold the IPO before mining even started? The ANN says it won't be sold for five days, or until daily volume equals the IPO amount, presumably to prevent dumping? So why has it been sold already?

Also, how does selling it to your friends benefit the community and the coin? Your Initial Private Offering does nothing to ensure a fair distribution, just the opposite in fact.
Less than 275,000 coins have been mined by the whole community at this moment, and your three friends have 700,000 between them. Not good.

And how much was it sold for? What was the price per GRE, how much BTC was received in total, and where is that BTC? Will you supply the address for the community?

In the interest of transparency, I thank you in advance for your reply. 

Valid question. Need response from dev if he is not pump and dumper.

dev and his comrades

[scorpio18]

GoldReserve POOL
http://gre.freemoneyonlines.info/

If you have problem with our pool contact us on Freenode channel #COINMINERS .

1% Pool Fee / PROP payout system

Point your miners at: stratum+tcp://gre.freemoneyonlines.info:3336

Optimized GPU Miner: ./sgminer -k x11mod -o stratum+tcp://gre.freemoneyonlines.info:3336 -u Weblogin.WorkerName -p WorkerPassword

CPU Miner: ./minerd -a X11 -o stratum+tcp://gre.freemoneyonlines.info:3336 -u Weblogin.WorkerName -p WorkerPassword
Spread the hashes!! We need more miners here  

[janos666]

How does IPO work? Who can buy?

IPO is closed now. I asked my friends whether they fund my coin and I offered them an IPO. 3 of them interested. They are the IPO holders now.

Got a couple of queries for you here, why have you sold the IPO before mining even started? The ANN says it won't be sold for five days, or until daily volume equals the IPO amount, presumably to prevent dumping? So why has it been sold already?

Also, how does selling it to your friends benefit the community and the coin? Your Initial Private Offering does nothing to ensure a fair distribution, just the opposite in fact.
Less than 275,000 coins have been mined by the whole community at this moment, and your three friends have 700,000 between them. Not good.

And how much was it sold for? What was the price per GRE, how much BTC was received in total, and where is that BTC? Will you supply the address for the community?

In the interest of transparency, I thank you in advance for your reply.  

Valid question. Need response from dev if he is not pump and dumper.

dev and his comrades

I will let Mesterlovesz answer most of your questions but on my part I will honor your request for transparency:

Code:

GMCA4KpVbRLBYJzTPHWGxgyQTCkeBQqPfi

This address belongs to me (janos666 @ bitcointalk).

IKq+1KlOEzucKbV7wtgKm5hM2V2OkOyGCOtpgqCMQ0T6xO03MpO7A5Mi/oGwbYSS8SVDZ4TPR9+I5EL5o7dvL0A=

(You can use the GoldReserve wallet's File \ Verify message... function to validate this message which proves that I control the IPO #1 500000 GRE coins.)


I am sure you agree that Mesterlovesz did the right thing when he let me decide if I wish to reveal myself or hide my identity.
But I also prefer transparency and I understand you frustration about the IPO coins (Yeah, I have been there!), so I won't hide this information.

And I don't think neither me, nor Mesterlovesz should feel obliged to tell you how much BTC I payed him before the launch (I tend to think it's better for everybody if we keep this information between the two of us, at least for now) but I hereby grant him the right to reveal this information in case he wish to do so.

I know Mesterlovesz in person (we met face to face in real life) and he assured me that all the BTC I have paid will be fully spent for coin development.

I don't actually care about any made up rules but I assure you that I won't sell my coins on a public exchange (and I don't plan to spend them in any other way) before the time limit declared by Mesterlovesz in his opening post.
I am not stupid, I won't destroy the coin which I funded. I wish to see it developing, both in functionality and market value over the coming months and years.
I won't dump these coins for a few quick BTC and I will never sell them in a way which would significantly hurt the coin (e.g a classic dump).
I will probably never sell the entire IPO amount, only a part of it and only slowly over time, starting long after it found it's natural market value and the daily volume allows me to sell without significantly disturbing the price.

Unfortunately, I don't know the other two person with their 100k coins, but I trust in Mesterlovesz and he knows them (he assured me they won't prematurely dump those coins).

Let me know if you wish to know anything else from me and if you found my answer satisfying to your question regarding the IPO holders. I will be around.

[ncsupanda]

Hey there! Current dev for GreenCoin.

https://bitcointalk.org/index.php?topic=636548.0

We announced GreenCoin as GRE before the announcement for GoldReserve. Please contact me about this. Thank you!

[shogun47]

Hey there! Current dev for GreenCoin.

https://bitcointalk.org/index.php?topic=636548.0

We announced GreenCoin as GRE before the announcement for GoldReserve. Please contact me about this. Thank you!

Wasn't it GRC first? But that ran afoul of another coin and later you decided to go after gre whit is also already in service?