soupapinto
Member
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Activity: 90
Merit: 10
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July 29, 2014, 05:43:36 PM |
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I'm not afraid that Dev will disappear (run with the money, scam us, etc) but what in case if something bad happens with him? Do not get me wrong, I hope he will be healthy but unfortunately accidents can happen any time That could happen with any other coin. With time XGR would need a dev team of several persons, maybe a foundation or real company behind it. I will start worrying about that when we have more than a few grams of gold to show. I've seen devs dump small fortunes and disappear every day, incredible stunts like the ICB ico on bittrex (60BTC!!!!) and people not even complaining. and here is someone building a coin slowly and steady. I'll say again, even without any gold, I'd still invest on dev presence alone. Confidence is the most scarce commodity in cryptos right now, not gold.
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yogibaer
Legendary
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Activity: 1131
Merit: 1001
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July 29, 2014, 05:52:10 PM |
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I will start worrying about that when we have more than a few grams of gold to show. I've seen devs dump small fortunes and disappear every day, incredible stunts like the ICB ico on bittrex (60BTC!!!!) and people not even complaining. and here is someone building a coin slowly and steady. I'll say again, even without any gold, I'd still invest on dev presence alone. Confidence is the most scarce commodity in cryptos right now, not gold.
+1 Yes that's very very true!!!!
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exemplaar
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July 29, 2014, 07:02:56 PM |
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I will start worrying about that when we have more than a few grams of gold to show. I've seen devs dump small fortunes and disappear every day, incredible stunts like the ICB ico on bittrex (60BTC!!!!) and people not even complaining. and here is someone building a coin slowly and steady. I'll say again, even without any gold, I'd still invest on dev presence alone. Confidence is the most scarce commodity in cryptos right now, not gold.
Well, you can't compare XGR with ICB. XGR is doing just fine.
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Mesterlovesz74 (OP)
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July 29, 2014, 07:09:38 PM |
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Ok, first of all, I doing a thing which I called CreativeMining! I collected a handful of BTC (in my standard) during the last 4 months with my method. I am mining startup coins from block 1. Then when it is promising I invest a small amount just to get a bit more. Lately Elite was a fine candidate, I get a nice income from mining it, so I thought it is time to invest. I lost. Before that, Xanon came, great concept, low price like 10 sat/coin, so I bought a couple millions. I lost. Nowadays, it is not worth the risk to invest in any new coin, they can turn out a scam within a few days and I can not afford to loose any more money!
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GoldReserve Donation Acc: BTC: 16g8LVMpKAREXXQNRTUkxDNCoBykouTFZ9 GoldReserve Donation Acc: XGR: GftR1m2Gh8RPsNbQBZZ2xYHbWa7ps2dp8e
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Mesterlovesz74 (OP)
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July 29, 2014, 07:22:25 PM |
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I'm not afraid that Dev will disappear (run with the money, scam us, etc) but what in case if something bad happens with him? Do not get me wrong, I hope he will be healthy but unfortunately accidents can happen any time That could happen with any other coin. With time XGR would need a dev team of several persons, maybe a foundation or real company behind it. I will start worrying about that when we have more than a few grams of gold to show. I've seen devs dump small fortunes and disappear every day, incredible stunts like the ICB ico on bittrex (60BTC!!!!) and people not even complaining. and here is someone building a coin slowly and steady. I'll say again, even without any gold, I'd still invest on dev presence alone. Confidence is the most scarce commodity in cryptos right now, not gold. My first stunning and sad experience was Emiratecoin! I thought that will be a great coin, Dubai, rich sheiks, etc, and then the dev dissapeared with 180 BTC!!! Mining never even started! it is so sad that talented programmers, people with great ideas are just became scumbags when they get in touch with a bit more money then they can imagine! I mean, lets be honest, we invest or start mining because we see the potential in a great idea, something unique!! USBcoin is a great example! Unique perspective, Bittrex put them almost instantly! 1 day later, they waited till 3 am when US sleeps, and they created 20 mill coins by changing the source code and they dumped it! Bittrex admit that only 2 accounts dumped that huge amount of coins! So assumably there were 2 programmers, who come up with a great idea, then they were able to create this scam! It is so stupid! Talented people, rotten minds... 8( I understand that it is fast money, but come on, if you have a brain to come up with an idea like that, then you can create an enviroment where you can get that much money without scamming people! I admit that will take months, but that is big money even for a couple of months. One of my university teacher said that if you want to be successful, you have to come up with a long term, sustainable business modell. That is a key to success, because then you will have a salary, earnings for years.
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GoldReserve Donation Acc: BTC: 16g8LVMpKAREXXQNRTUkxDNCoBykouTFZ9 GoldReserve Donation Acc: XGR: GftR1m2Gh8RPsNbQBZZ2xYHbWa7ps2dp8e
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captainbluff
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July 29, 2014, 08:03:19 PM |
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I'm not afraid that Dev will disappear (run with the money, scam us, etc) but what in case if something bad happens with him? Do not get me wrong, I hope he will be healthy but unfortunately accidents can happen any time That could happen with any other coin. With time XGR would need a dev team of several persons, maybe a foundation or real company behind it. I will start worrying about that when we have more than a few grams of gold to show. I've seen devs dump small fortunes and disappear every day, incredible stunts like the ICB ico on bittrex (60BTC!!!!) and people not even complaining. and here is someone building a coin slowly and steady. I'll say again, even without any gold, I'd still invest on dev presence alone. Confidence is the most scarce commodity in cryptos right now, not gold. My first stunning and sad experience was Emiratecoin! I thought that will be a great coin, Dubai, rich sheiks, etc, and then the dev dissapeared with 180 BTC!!! Mining never even started! it is so sad that talented programmers, people with great ideas are just became scumbags when they get in touch with a bit more money then they can imagine! I mean, lets be honest, we invest or start mining because we see the potential in a great idea, something unique!! USBcoin is a great example! Unique perspective, Bittrex put them almost instantly! 1 day later, they waited till 3 am when US sleeps, and they created 20 mill coins by changing the source code and they dumped it! Bittrex admit that only 2 accounts dumped that huge amount of coins! So assumably there were 2 programmers, who come up with a great idea, then they were able to create this scam! It is so stupid! Talented people, rotten minds... 8( I understand that it is fast money, but come on, if you have a brain to come up with an idea like that, then you can create an enviroment where you can get that much money without scamming people! I admit that will take months, but that is big money even for a couple of months. One of my university teacher said that if you want to be successful, you have to come up with a long term, sustainable business modell. That is a key to success, because then you will have a salary, earnings for years. I feel your pain, I've mined and held many new coins only to watch their value go to almost 0 due to scam. Nowadays anything I mine I usually sell right away and exchange them to BTC, CLOAK, DRK, precious metals, or cash.
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Mesterlovesz74 (OP)
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July 29, 2014, 10:30:03 PM Last edit: July 29, 2014, 11:37:12 PM by Mesterlovesz74 |
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Good News at Coin-swap.net we have a 4 BTC daily volume!! Great exchange, you can use it with confident that your money is safe there!
Don't forget, that we are on Allcoin.com, Kingcoiny and C-Cex as well so you can find your suitable exchange!
And last advice, keep your coins in your wallet, that is the safest place!
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GoldReserve Donation Acc: BTC: 16g8LVMpKAREXXQNRTUkxDNCoBykouTFZ9 GoldReserve Donation Acc: XGR: GftR1m2Gh8RPsNbQBZZ2xYHbWa7ps2dp8e
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jackyy
Member
Offline
Activity: 65
Merit: 10
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July 30, 2014, 12:16:39 AM Last edit: July 30, 2014, 12:35:29 AM by jackyy |
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Good News at Coin-swap.net we have a 4 BTC daily volume!! Great exchange, you can use it with confident that your money is safe there!
Don't forget, that we are on Allcoin.com, Kingcoiny and C-Cex as well so you can find your suitable exchange!
And last advice, keep your coins in your wallet, that is the safest place! I think it's a bot or IDK what. A buy order appear and in just 1 sec it's complieted horewer there wasn't sell order for that price (for example 2014-07-30 00:11:11 Buy 0.00000363). And i saw live at least 10 of this tonight. And it'ss 8.5BTC at the moment. + I have the highest buy and lowest sell price and cant trade any coins but daily BTC volume still incrase...
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kahir
Legendary
Offline
Activity: 1050
Merit: 1000
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July 30, 2014, 03:47:50 AM |
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Mesterlovesz74 (OP)
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July 30, 2014, 09:15:01 AM |
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Good News at Coin-swap.net we have a 4 BTC daily volume!! Great exchange, you can use it with confident that your money is safe there!
Don't forget, that we are on Allcoin.com, Kingcoiny and C-Cex as well so you can find your suitable exchange!
And last advice, keep your coins in your wallet, that is the safest place! I think it's a bot or IDK what. A buy order appear and in just 1 sec it's complieted horewer there wasn't sell order for that price (for example 2014-07-30 00:11:11 Buy 0.00000363). And i saw live at least 10 of this tonight. And it'ss 8.5BTC at the moment. + I have the highest buy and lowest sell price and cant trade any coins but daily BTC volume still incrase... Yeah, a bot went crazy! It is over 18 BTC now! But to tell you the truth, I had sell orders at 320, 340 sat and they filled! Was not much, only to boost trades in the new exchange! Anyway, we are 2nd in Allcoin.com and that is real volume there!
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GoldReserve Donation Acc: BTC: 16g8LVMpKAREXXQNRTUkxDNCoBykouTFZ9 GoldReserve Donation Acc: XGR: GftR1m2Gh8RPsNbQBZZ2xYHbWa7ps2dp8e
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exemplaar
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July 30, 2014, 10:55:59 PM |
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A "huge" buy wall @100SAT
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minecoinseveryday
Newbie
Offline
Activity: 47
Merit: 0
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July 31, 2014, 12:06:51 AM |
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Gone are the days of cheap XGR... oh well. at least my coins are staking nicely!
Question about staking... is it best to just let all the individual deposits sit and stake or should I transfer all at once to a new wallet?
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captainbluff
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July 31, 2014, 12:19:44 AM |
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Gone are the days of cheap XGR... oh well. at least my coins are staking nicely!
Question about staking... is it best to just let all the individual deposits sit and stake or should I transfer all at once to a new wallet?
Correction: Coin is still cheap, but what's gone are the days of very easy mining. I remember when I was able to mine 18K coins a day at 100 MH/s.
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minecoinseveryday
Newbie
Offline
Activity: 47
Merit: 0
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July 31, 2014, 12:37:27 AM |
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Gone are the days of cheap XGR... oh well. at least my coins are staking nicely!
Question about staking... is it best to just let all the individual deposits sit and stake or should I transfer all at once to a new wallet?
Correction: Coin is still cheap, but what's gone are the days of very easy mining. I remember when I was able to mine 18K coins a day at 100 MH/s. True. Buying ATM since rental mining is a loss. And yeah 18K coins on 100 MHs is lllooooooooonnnnnngggggg gone
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adam1230
Legendary
Offline
Activity: 1218
Merit: 1001
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July 31, 2014, 11:56:47 AM |
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Gone are the days of cheap XGR... oh well. at least my coins are staking nicely!
Question about staking... is it best to just let all the individual deposits sit and stake or should I transfer all at once to a new wallet?
Correction: Coin is still cheap, but what's gone are the days of very easy mining. I remember when I was able to mine 18K coins a day at 100 MH/s. True. Buying ATM since rental mining is a loss. And yeah 18K coins on 100 MHs is lllooooooooonnnnnngggggg gone Until now... (600 MH Net Rate)
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captainbluff
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July 31, 2014, 12:06:10 PM |
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Gone are the days of cheap XGR... oh well. at least my coins are staking nicely!
Question about staking... is it best to just let all the individual deposits sit and stake or should I transfer all at once to a new wallet?
Correction: Coin is still cheap, but what's gone are the days of very easy mining. I remember when I was able to mine 18K coins a day at 100 MH/s. True. Buying ATM since rental mining is a loss. And yeah 18K coins on 100 MHs is lllooooooooonnnnnngggggg gone Until now... (600 MH Net Rate) Yep I saw that right after my post last night, I pointed my miners to XGR.
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minecoinseveryday
Newbie
Offline
Activity: 47
Merit: 0
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July 31, 2014, 03:30:32 PM |
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Gone are the days of cheap XGR... oh well. at least my coins are staking nicely!
Question about staking... is it best to just let all the individual deposits sit and stake or should I transfer all at once to a new wallet?
Correction: Coin is still cheap, but what's gone are the days of very easy mining. I remember when I was able to mine 18K coins a day at 100 MH/s. True. Buying ATM since rental mining is a loss. And yeah 18K coins on 100 MHs is lllooooooooonnnnnngggggg gone Until now... (600 MH Net Rate) Yep I saw that right after my post last night, I pointed my miners to XGR. Yep. Spoke to soon.. Mine Mine Mine
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captainbluff
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July 31, 2014, 09:52:41 PM |
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Good job dev. But me need to keep a ledger of every gold purchase, please fill out the missing info below. Date Amount of AG Purchased XGR Premined Coins Used Grams 7/18/2014 7/31/2014 Thanks
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