[PREANN] SMOKE - SMOKE-4 ALGORITHM - New algos (BMW + X) - BETA WALLET NEAR.

[Thiago1]

We have just confirmed a verified escrow agent. IPO will be available soon.

+1, would like to see IPO on Nxt AE, would be nice to buy and sell Smoke Shares while you are in development for next 3 months.

1) what? will this coin released in september?  

2) Dev, why there is not a max cap on BTC for IPO? If you collect a lot of btc, who buys could be penalized ( don't forget that miners will dump continuously).

This coin will not be released in September. The beta test eta is 9 days away

Initially we were going to set a BTC cap we are still open to the idea of it but then there are people who do group buys also, the mining period has not yet been set so all options are still on the table (current stance is 4 months). We are open to positive discussion about it. Mining period could be extended or POS initial distribution can be lengthened etc. There is a strong set stance currently gauged around the 50/50 mark in relation to the POS and POW distribution. There will always be problems with any distribution so the floor is open to response from the community.

This is SCAM,smoke guy only worried about IPO there are some many Algo security,
BECAREFULL FOLKS

(source code closed ) reallyy,I bet You are the Same dudé from Asían coin

[1714921398]

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[YNWA2806]

Smoke Devs,

your fear of clones is well understood, however you must get an outside respected Auditors to review your code. the fact you're constantly changing the specs and schedules while having this made in closed code is highly suspicious!!

don't want to jump into conclusions and spread FUD but take this into consideration.

Also please provide information about your devs team

[MorAltsPlease]

Usually I enjoy the risk....though this one is like bungee jumping tied to a chewing-gum.....

[Lordoftherigs]

How many devs are on this project ?
Any previous project/experience that can be shared ?
Are you willing to share your identity ?
Any chance to make this an open source in future ?

[HeadsOrTails]

How many devs are on this project ?
Any previous project/experience that can be shared ?
Are you willing to share your identity ?
Any chance to make this an open source in future ?

The fact SYNC and VOOT have announced links to this project makes it clear it's another scam. Your original post started here: https://bitcointalk.org/index.php?topic=664436.100
What happened?

[Perl++]

http://cdn.memegenerator.net/instances/500x/44787563.jpg

[SMOKEPROJECT]

IPO will be up soon using NXT AE. Instead of typical BTC escrow. NXT AE will be escrowed using the services of Anon136.

[Anon136]

Now providing escrow for this project through the nxt asset exchange.

Correct Asset ID: 1330812876208748634

Later tonight I will be setting up a bitcoin gateway on the NXT asset exchange so that people will be able to acquire nxt for this purpose without going through an exchange.

Download the NXT client here http://nxt.org/client-download/

[MsCollec]

How does this work, I don't have Nxt

[Anon136]

How does this work, I don't have Nxt

Sure ill go ahead and start setting up my bitcoin gateway so that you guys don't have to worry about exchanges.

[MsCollec]

How does this work, I don't have Nxt

Sure ill go ahead and start setting up my bitcoin gateway so that you guys don't have to worry about exchanges.

The Quantity of SmokeShare is 100'000'000 but Smoke IPO coins is 12,000,000

Based on the current Nxt price, the SmokeShare will be $5,000.000 is that not over the top ?

[djm34]

is this coin dead (already) ?

[Rebound Effect]

IPO will be up soon using NXT AE. Instead of typical BTC escrow. NXT AE will be escrowed using the services of Anon136.

and why should i buy nxt for this ipo? Why not btc?

1) I should buy next at high prices to participate.. why should I make rich the next owners? From when next is the coin for this kind of business? Why not btc? What about the newbie investors? How they can understand what are you talking about? Do you consider friendly this ipo for the newbies investors?

2) 100 millions of cap what does it mean? In btc which is the price? 4000 sat? 6000 sat? 10.000 sat? Don't you think it is very very expensive?

3) It is an ipo: it's like to say that you can have all the premined coins that you want. Ok, if you make a good price for community, usually community acts like if this is not a problem.. let's say that community closes one eye... But again: if you want that we pay so much your coin, maybe we should talk about all the coins that you are going to have before the launch!

Dev don't be so greed in this business or you ll have a lot of problems. And honestly your problems already started

[SMOKEPROJECT]

IPO will be up soon using NXT AE. Instead of typical BTC escrow. NXT AE will be escrowed using the services of Anon136.

and why should i buy nxt for this ipo? Why not btc?

1) I should buy next at high prices to participate.. why should I make rich the next owners? From when next is the coin for this kind of business? Why not btc? What about the newbie investors? How they can understand what are you talking about? Do you consider friendly this ipo for the newbies investors?

2) 100 millions of cap what does it mean? In btc which is the price? 4000 sat? 6000 sat? 10.000 sat? Don't you think it is very very expensive?

3) It is an ipo: it's like to say that you can have all the premined coins that you want. Ok, if you make a good price for community, usually community acts like if this is not a problem.. let's say that community closes one eye... But again: if you want that we pay so much your coin, maybe we should talk about all the coins that you are going to have before the launch!

Dev don't be so greed in this business or you ll have a lot of problems. And honestly your problems already started

You will be able to buy via BTC when he opens payment gateway there will only even be 24 Million coins these will be distributed amongst the people that buy from the NXT AE and via BTC gateway for now you can buy with NXT

[Rebound Effect]

Now providing escrow for this project through the nxt asset exchange.

Correct Asset ID: 1330812876208748634

Later tonight I will be setting up a bitcoin gateway on the NXT asset exchange so that people will be able to acquire nxt for this purpose without going through an exchange.

From what I read the BTC gateaway is only for acquire nxt for this purpose without going through an exchange. It doesn't seem that we can pay directly through BTC. I don't want pay through NXT. But if you say that we ll can pay through BTC, then we ll see tonight when the gateaway will be opened

Is it true that there are 100 millions of shares and the market is 5 millions? Does it mean that each coin price is about 2 dollars? I m sure that I m wrong, I can't believe in a such crazy thing!

[SMOKEPROJECT]

Now providing escrow for this project through the nxt asset exchange.

Correct Asset ID: 1330812876208748634

Later tonight I will be setting up a bitcoin gateway on the NXT asset exchange so that people will be able to acquire nxt for this purpose without going through an exchange.

From what I read the BTC gateaway is only for acquire nxt for this purpose without going through an exchange. It doesn't seem that we can pay directly through BTC. I don't want pay through NXT. But if you say that we ll can pay through BTC, then we ll see tonight when the gateaway will be opened

Is it true that there are 100 millions of shares and the market is 5 millions? Does it mean that each coin price is about 2 dollars? I m sure that I m wrong, I can't believe in a such crazy thing!

I do not think there will be a problem providing just BTC for a NXT conversion for an asset transaction. So you can have it on your NXT account and just hold it/ trade it.

[Rebound Effect]

Now providing escrow for this project through the nxt asset exchange.

Correct Asset ID: 1330812876208748634

Later tonight I will be setting up a bitcoin gateway on the NXT asset exchange so that people will be able to acquire nxt for this purpose without going through an exchange.

From what I read the BTC gateaway is only for acquire nxt for this purpose without going through an exchange. It doesn't seem that we can pay directly through BTC. I don't want pay through NXT. But if you say that we ll can pay through BTC, then we ll see tonight when the gateaway will be opened

Is it true that there are 100 millions of shares and the market is 5 millions? Does it mean that each coin price is about 2 dollars? I m sure that I m wrong, I can't believe in a such crazy thing!

I do not think there will be a problem providing just BTC for a NXT conversion for an asset transaction. So you can have it on your NXT account and just hold it/ trade it.

Of course there is a problem! Actually next is 9354 sat! Is the conversion at fixed prices? Or do I have to buy next at the better price? If all the interested people are going to buy next, the price will rise. Am I missing something? If I m missing something please explain me, as you can see I m a noob
Do I have to trade in the market before to pay smoke coin?

[skrtel37]

Did you guys got 3rd party audit of your code?? or is it still a mystery???

No fear of clones justify this lack of transparency 

[Rebound Effect]

Where is written that there are 100 millions of share? I don t see this news. Anyway, i m not the only to don t understand how this ipo works. We wait for a complete explanation, thanks. I m sincerely interested with the right transparency conditions

[Momimaus]

I think it´s a total of 24 million coins. 12 mil for IPO, rest for mining.