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Author Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS  (Read 804614 times)
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dzarmush
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July 15, 2014, 04:25:34 PM
 #1661

Anyone else concerned that Crypti is easily confused with another coin called Cryptcoin (Crypt)?

not a troll - im a Crypti investor.

Never heard of Cryptcoin. Considering popularity of Crypti it is Cryptcoin problem now  Smiley

SyRenity
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July 15, 2014, 04:29:42 PM
 #1662

SyRenity, will the ARM based linux box be released (Bitseed was talking about)?

Yes, this is the mesh project I was talking about.
SyRenity
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July 15, 2014, 04:34:15 PM
 #1663

Here is a table showing average price per Crypti in BTC depending on different amounts raised. This does not include bonus credits, so the actual price paid by an investor may very depending on when an investment is made and the volume of investments before and after on different dates.
...
Thank you. Anyway, why this is not posted in the OP?

Good point, updated in post after the OP.
MadAlpha
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July 15, 2014, 04:34:47 PM
 #1664

Also the ~750 BTC feels strange. Why not exactly 750 BTC? Because they will actually sell more than that, now that they see there is huge interest? And if they do, this will dilute the share of the current investors, who are thinking they are getting 1/750 of the available Crypti by investing 1 BTC, while in reality they may get only 1/1000 or something. This would be misleading investor very badly, so I hope I am wrong here.

The maximum cap is 750 BTC with Bter and Maxmint combined, this means once we reach the cap, anything raised above will be returned to buyers.

We will use both Bter buy times and blockchain transaction times, to ensure the cap correctly applied to these both channels.

Thanks for the clarification.

Will do small programming tasks cheaply in exchange for BTC. Check out my thread or PM me!
atleticofa
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July 15, 2014, 04:44:27 PM
 #1665

Anyone else concerned that Crypti is easily confused with another coin called Cryptcoin (Crypt)?

not a troll - im a Crypti investor.

Never heard of Cryptcoin. Considering popularity of Crypti it is Cryptcoin problem now  Smiley

Crypt has 1000BTC marketcap. And I think for now is pretty more popular than Crypti Wink
samsmith16
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July 15, 2014, 04:57:27 PM
 #1666

Oh and we are so pumped that finally have a team go with a lighter elliptic curve algorithm!! To my knowledge you guys are the first to build ground up and change the elliptic curve since the original Bitcoin code. Some one far more researched then me could prove me wrong, and we are not talking changing the hash algo here (x11, x15 or NIST5 are all just hash algo) we are talking the elliptic curve algo... Just brilliant cant wait to dive into the code once it's posted!!!

OK you mean they changed the value's of "0" and "7" ? Sounds like alot of work.

https://www.youtube.com/watch?v=iB3HcPgm_FI


That actually sounds pretty scary consider they cannot get the distribution equation correct. Smiley

Well I could see how an uneducated person in this field could draw a conclusion of fear, as well as somehow relate two separate things. I think your fears could be lifted from a little more research 


Royalties
pays interest on Term Deposits up to 15%!! Yes even Cold Storage!!
lvyuan95
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July 15, 2014, 04:58:03 PM
 #1667

wow bter IPO
Hueristic
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July 15, 2014, 04:58:05 PM
 #1668

OK you mean they changed the value's of "0" and "7" ? Sounds like alot of work.
https://www.youtube.com/watch?v=iB3HcPgm_FI
That actually sounds pretty scary consider they cannot get the distribution equation correct. Smiley

You are welcome to read this presentation about Ed25519 advantages over older implementations:
http://cryptojedi.org/peter/data/nancy-20120320.pdf
http://ed25519.cr.yp.to/

The distribution formula was posted also so the community could review it (and it helped already to catch one mistake).
If you have any additional suggestions regarding the formula, we will be happy to hear them.

Good info here, thx

Oh and we are so pumped that finally have a team go with a lighter elliptic curve algorithm!! To my knowledge you guys are the first to build ground up and change the elliptic curve since the original Bitcoin code. Some one far more researched then me could prove me wrong, and we are not talking changing the hash algo here (x11, x15 or NIST5 are all just hash algo) we are talking the elliptic curve algo... Just brilliant cant wait to dive into the code once it's posted!!!

OK you mean they changed the value's of "0" and "7" ? Sounds like alot of work.

https://www.youtube.com/watch?v=iB3HcPgm_FI


That actually sounds pretty scary consider they cannot get the distribution equation correct. Smiley

Well I could see how an uneducated person in this field could draw a conclusion of fear, as well as somehow relate two separate things. I think your fears could be lifted from a little more research 

Partially correct, Educated guesses are more than acceptable when questioning a "Investment Opportunity" the burden is on the Investee to quell those fears.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
samsmith16
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July 15, 2014, 05:11:12 PM
 #1669

OK you mean they changed the value's of "0" and "7" ? Sounds like alot of work.
https://www.youtube.com/watch?v=iB3HcPgm_FI
That actually sounds pretty scary consider they cannot get the distribution equation correct. Smiley

You are welcome to read this presentation about Ed25519 advantages over older implementations:
http://cryptojedi.org/peter/data/nancy-20120320.pdf
http://ed25519.cr.yp.to/

The distribution formula was posted also so the community could review it (and it helped already to catch one mistake).
If you have any additional suggestions regarding the formula, we will be happy to hear them.

Good info here, thx

Oh and we are so pumped that finally have a team go with a lighter elliptic curve algorithm!! To my knowledge you guys are the first to build ground up and change the elliptic curve since the original Bitcoin code. Some one far more researched then me could prove me wrong, and we are not talking changing the hash algo here (x11, x15 or NIST5 are all just hash algo) we are talking the elliptic curve algo... Just brilliant cant wait to dive into the code once it's posted!!!

OK you mean they changed the value's of "0" and "7" ? Sounds like alot of work.

https://www.youtube.com/watch?v=iB3HcPgm_FI


That actually sounds pretty scary consider they cannot get the distribution equation correct. Smiley

Well I could see how an uneducated person in this field could draw a conclusion of fear, as well as somehow relate two separate things. I think your fears could be lifted from a little more research 

Partially correct, Educated guesses are more than acceptable when questioning a "Investment Opportunity" the burden is on the Investee to quell those fears.

Very Very true!! one must be as educated an investor as they can be, Not sure if you caught my links a few pages back but if you feel like really going down the rabbit hole let me know...


Royalties
pays interest on Term Deposits up to 15%!! Yes even Cold Storage!!
josephliton
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July 15, 2014, 05:34:33 PM
 #1670

Reaching the destination soon.




Bitseed
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July 15, 2014, 06:10:28 PM
 #1671

Love it! That gif made it into my pictures file.

Bitseed - dedicated full node hardware
Relaxedsense
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July 15, 2014, 06:35:15 PM
 #1672

How much more IPO BTC to go?
Primitive
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July 15, 2014, 06:36:33 PM
 #1673

How much more IPO BTC to go?

somebody should put a bounty on properly answering this question.

NEM, LSK, STRAT
dzarmush
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July 15, 2014, 06:41:10 PM
 #1674

How much more IPO BTC to go?

somebody should put a bounty on properly answering this question.

 Smiley

Bter data is fucked up. Nobody knows how much was invested.

cjp007
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July 15, 2014, 06:47:30 PM
 #1675

How much more IPO BTC to go?

somebody should put a bounty on properly answering this question.

 Smiley

Bter data is fucked up. Nobody knows how much was invested.

We must be getting somewhere close to 700... anyone know the number?
Primitive
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July 15, 2014, 06:48:29 PM
 #1676

how long is a piece of string

NEM, LSK, STRAT
xtester
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July 15, 2014, 07:46:53 PM
 #1677

hi guys. what do u think about ROI? how much it will be in your opinion?

Minimum possible market cap for this 2nd gen coin with a great team and 750 BTC dev and marketing fund is 10 000 BTC. It means x14 in the first weeks. If devs and dev/marketing committee do things right we'll be in top five within a year.

How you counted this x14 multiplier?

After IPO is over market cap is 750 BTC. If market cap is 10 000 BTC there's 10000/750=13.3 ROI.

Yes but on what basis you assume that the market cap will grow to 10000 BTC in a few weeks?

Just observing the market. Crypti has some advetages over other coins, it may easily reach 10K BTC cap.

1. Awesome team with different duties. While someone is working on development others can focus on marketing, contacting merchats etc.
2. All 750 BTC IPO money will be spent on development and marketing and it's a huge amount of money.
3. Bter is one of the biggest exchanges and the fact that they have so much interest in Crypti will raise interest among other exchanges and people.
4. After all it's a second gen coin with new source. This fact itself is enough for 5K BTC market cap.

I usually don't agree with dzarmush, but he makes a good point here.

This is a very interesting experiment.
Hueristic
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July 15, 2014, 08:06:52 PM
Last edit: July 15, 2014, 08:17:18 PM by Hueristic
 #1678

OK you mean they changed the value's of "0" and "7" ? Sounds like alot of work.
https://www.youtube.com/watch?v=iB3HcPgm_FI
That actually sounds pretty scary consider they cannot get the distribution equation correct. Smiley

You are welcome to read this presentation about Ed25519 advantages over older implementations:
http://cryptojedi.org/peter/data/nancy-20120320.pdf
http://ed25519.cr.yp.to/

The distribution formula was posted also so the community could review it (and it helped already to catch one mistake).
If you have any additional suggestions regarding the formula, we will be happy to hear them.

Good info here, thx

Oh and we are so pumped that finally have a team go with a lighter elliptic curve algorithm!! To my knowledge you guys are the first to build ground up and change the elliptic curve since the original Bitcoin code. Some one far more researched then me could prove me wrong, and we are not talking changing the hash algo here (x11, x15 or NIST5 are all just hash algo) we are talking the elliptic curve algo... Just brilliant cant wait to dive into the code once it's posted!!!

OK you mean they changed the value's of "0" and "7" ? Sounds like alot of work.

https://www.youtube.com/watch?v=iB3HcPgm_FI


That actually sounds pretty scary consider they cannot get the distribution equation correct. Smiley

Well I could see how an uneducated person in this field could draw a conclusion of fear, as well as somehow relate two separate things. I think your fears could be lifted from a little more research  

Partially correct, Educated guesses are more than acceptable when questioning a "Investment Opportunity" the burden is on the Investee to quell those fears.

Very Very true!! one must be as educated an investor as they can be, Not sure if you caught my links a few pages back but if you feel like really going down the rabbit hole let me know...

Yeah, I saw them thx. I got a sniff of that hole and shrank away. Smiley
20 years ago I woulda jumped in. Wink



how long is a piece of string

You must supply the POV magnitude to answer that question.

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pabloangello
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July 15, 2014, 08:07:01 PM
 #1679

hi guys. what do u think about ROI? how much it will be in your opinion?

Minimum possible market cap for this 2nd gen coin with a great team and 750 BTC dev and marketing fund is 10 000 BTC. It means x14 in the first weeks. If devs and dev/marketing committee do things right we'll be in top five within a year.

How you counted this x14 multiplier?

After IPO is over market cap is 750 BTC. If market cap is 10 000 BTC there's 10000/750=13.3 ROI.

Yes but on what basis you assume that the market cap will grow to 10000 BTC in a few weeks?

Just observing the market. Crypti has some advetages over other coins, it may easily reach 10K BTC cap.

1. Awesome team with different duties. While someone is working on development others can focus on marketing, contacting merchats etc.
2. All 750 BTC IPO money will be spent on development and marketing and it's a huge amount of money.
3. Bter is one of the biggest exchanges and the fact that they have so much interest in Crypti will raise interest among other exchanges and people.
4. After all it's a second gen coin with new source. This fact itself is enough for 5K BTC market cap.

I usually don't agree with dzarmush, but he makes a good point here.

This is a very interesting experiment.

I also have that feeling and considering to sell more of my alts to buy more Crypti tokens. But this is still the risky business though.

cjp007
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July 15, 2014, 08:11:16 PM
 #1680

hi guys. what do u think about ROI? how much it will be in your opinion?

Minimum possible market cap for this 2nd gen coin with a great team and 750 BTC dev and marketing fund is 10 000 BTC. It means x14 in the first weeks. If devs and dev/marketing committee do things right we'll be in top five within a year.

How you counted this x14 multiplier?

After IPO is over market cap is 750 BTC. If market cap is 10 000 BTC there's 10000/750=13.3 ROI.

Yes but on what basis you assume that the market cap will grow to 10000 BTC in a few weeks?

Just observing the market. Crypti has some advetages over other coins, it may easily reach 10K BTC cap.

1. Awesome team with different duties. While someone is working on development others can focus on marketing, contacting merchats etc.
2. All 750 BTC IPO money will be spent on development and marketing and it's a huge amount of money.
3. Bter is one of the biggest exchanges and the fact that they have so much interest in Crypti will raise interest among other exchanges and people.
4. After all it's a second gen coin with new source. This fact itself is enough for 5K BTC market cap.

I usually don't agree with dzarmush, but he makes a good point here.

This is a very interesting experiment.

I also have that feeling and considering to sell more of my alts to buy more Crypti tokens. But this is still the risky business though.

Risky yes, but the potential to be very rewarding has me hooked!
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