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Author Topic: [ANN][TRUST] TRUSTplus [PoD5x2][BitTrex][Android][Shopify]  (Read 76963 times)
smokim87
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July 04, 2014, 08:28:37 AM
 #161

Too soon for an exchange, should of waited at least 24-48 hours before adding an exchange. Miners are going to instadump now and by the time POW is over the value is going to be really low.
jc12345
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July 04, 2014, 08:58:40 AM
 #162

Is the Dedicated front end down?
CryptoHobo
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July 04, 2014, 09:11:09 AM
 #163

Is the Dedicated front end down?

seems ok
jc12345
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July 04, 2014, 09:19:13 AM
 #164

Is the Dedicated front end down?

seems ok

Backend hashing seems fine but opening the front end says webpage not found.
jc12345
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July 04, 2014, 09:21:01 AM
 #165

Too soon for an exchange, should of waited at least 24-48 hours before adding an exchange. Miners are going to instadump now and by the time POW is over the value is going to be really low.

Not necessarily. The price will stabilise around the cost of mining for a couple days. No miner will sell lower than cost.
david1365
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July 04, 2014, 09:44:56 AM
 #166

Too soon for an exchange, should of waited at least 24-48 hours before adding an exchange. Miners are going to instadump now and by the time POW is over the value is going to be really low.

Not necessarily. The price will stabilise around the cost of mining for a couple days. No miner will sell lower than cost.
You're right, but idiot ppl are everywhere and always dump new coins, look at the FIRE coin, after added to bittrex price gone down from 95K satoshi to 16k satoshi
farsight
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July 04, 2014, 10:02:31 AM
 #167

join in ,3 days pow good .big blocks have not come out?

saifkhant
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July 04, 2014, 10:27:38 AM
 #168

this is shit.. do u really wanna dump this coin adding an exchange that fast?
smokim87
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July 04, 2014, 10:59:53 AM
 #169

join in ,3 days pow good .big blocks have not come out?

Big blocks come out on the 3rd day so probably 24 hours or so (3200 block rewards kick in). I'll wait for the 6400 block reward and how prices are tomorrow.
MickGhee
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July 04, 2014, 02:42:43 PM
 #170

Im out. Im still recovering fromgetting robbed by that exchange

Last night, while you were sleeping. I fucked the system!
mitchellmint (OP)
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July 04, 2014, 02:45:53 PM
Last edit: July 04, 2014, 03:38:44 PM by mitchellmint
 #171

this is shit.. do u really wanna dump this coin adding an exchange that fast?

CCex found TRUST and I welcome them because I need exchanges.  They are way more valuable for API reasons.  I have no interest in selling and miners have bills to pay.  Exchanges are so much more than just a market.

Buy TRUSTplus.  We are building a Financial Platform.
kcanup
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July 04, 2014, 02:52:50 PM
 #172

this is shit.. do u really wanna dump this coin adding an exchange that fast?

CCex found TRUST and I welcome then because I need exchanges.  They are way more valuable for API reasons.  I have no interest in selling and miners have bills to pay.  Exchanges are so much more than just a market.
+1
mitchellmint (OP)
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July 04, 2014, 03:52:24 PM
 #173

I have confirmed a problem with the rewards.  This is a 7 Day Coin.  Cumulative was mislabled when we were making the "Crescendo."  I will update the OP soon.

Blocks      Reward   Reward   Outstanding   45   Minutes   Hours   Days   Cumulative
1   50   1   49   49   2205   36.75   0.6125   0.0255208333   0.0255208333
51   100   50   2450   2499   2205   36.75   0.6125   0.0255208333   0.0510416667
101   200   100   9900   12399   4455   74.25   1.2375   0.0515625   0.1026041667
201   400   200   39800   52199   8955   149.25   2.4875   0.1036458333   0.20625
401   800   400   159600   211799   17955   299.25   4.9875   0.2078125   0.4140625
801   1600   800   639200   850999   35955   599.25   9.9875   0.4161458333   0.8302083333
1601   3200   1600   2558400   3409399   71955   1199.25   19.9875   0.8328125   1.6630208333
3201   6400   3200   10236800   13646199   143955   2399.25   39.9875   1.6661458333   3.3291666667
6401   12800   6400   40953600   54599799   287955   4799.25   79.9875   3.3328125   6.6619791667


6.6619791667 Days!

Buy TRUSTplus.  We are building a Financial Platform.
TrekRider
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July 04, 2014, 03:54:15 PM
 #174

I have confirmed a problem with the rewards.  This is a 7 Day Coin.  Cumulative was mislabled when we were making the "Crescendo."  I will update the OP soon.

Blocks      Reward   Reward   Outstanding   45   Minutes   Hours   Days   Cumulative
1   50   1   49   49   2205   36.75   0.6125   0.0255208333   0.0255208333
51   100   50   2450   2499   2205   36.75   0.6125   0.0255208333   0.0510416667
101   200   100   9900   12399   4455   74.25   1.2375   0.0515625   0.1026041667
201   400   200   39800   52199   8955   149.25   2.4875   0.1036458333   0.20625
401   800   400   159600   211799   17955   299.25   4.9875   0.2078125   0.4140625
801   1600   800   639200   850999   35955   599.25   9.9875   0.4161458333   0.8302083333
1601   3200   1600   2558400   3409399   71955   1199.25   19.9875   0.8328125   1.6630208333
3201   6400   3200   10236800   13646199   143955   2399.25   39.9875   1.6661458333   3.3291666667
6401   12800   6400   40953600   54599799   287955   4799.25   79.9875   3.3328125   6.6619791667


6.6619791667 Days!

WOW.  HUGE fucking FAIL.  Do you realize some people actually plan their mining based on the reward system and length of PoW?  Probably not...

This coin will go nowhere considering the dev can't even code the reward system, let alone implement something new and original.
mitchellmint (OP)
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July 04, 2014, 04:25:23 PM
 #175

I have confirmed a problem with the rewards.  This is a 7 Day Coin.  Cumulative was mislabled when we were making the "Crescendo."  I will update the OP soon.

Blocks      Reward   Reward   Outstanding   45   Minutes   Hours   Days   Cumulative
1   50   1   49   49   2205   36.75   0.6125   0.0255208333   0.0255208333
51   100   50   2450   2499   2205   36.75   0.6125   0.0255208333   0.0510416667
101   200   100   9900   12399   4455   74.25   1.2375   0.0515625   0.1026041667
201   400   200   39800   52199   8955   149.25   2.4875   0.1036458333   0.20625
401   800   400   159600   211799   17955   299.25   4.9875   0.2078125   0.4140625
801   1600   800   639200   850999   35955   599.25   9.9875   0.4161458333   0.8302083333
1601   3200   1600   2558400   3409399   71955   1199.25   19.9875   0.8328125   1.6630208333
3201   6400   3200   10236800   13646199   143955   2399.25   39.9875   1.6661458333   3.3291666667
6401   12800   6400   40953600   54599799   287955   4799.25   79.9875   3.3328125   6.6619791667


6.6619791667 Days!

WOW.  HUGE fucking FAIL.  Do you realize some people actually plan their mining based on the reward system and length of PoW?  Probably not...

This coin will go nowhere considering the dev can't even code the reward system, let alone implement something new and original.


There is nothing like this Reward system. There is alot more math than just this <hint>, I am obligated to point out the obvious mistake not posting cumulative.  The smart ones will understand there is another part of this reward system.


Buy TRUSTplus.  We are building a Financial Platform.
stafur
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July 04, 2014, 04:29:06 PM
 #176

I truly believe that this coin will meet the expectations of the devs. In fact, if my understanding is correct, it is already meeting most of their expectations; at least those associated with the launch.

The fact that the transition from a 3 day coin to a ~7 day coin causes you inconvenience will not make or break this coin. If I recall correctly, the devs' plans for this coin have been in the works for ~2 years. see:
https://bitcointalk.org/index.php?topic=102986.20

In this case it is the philosophy of the coin that matters. It is the philosophy of trust that is the novelty. Whether you hold the coin or dump it is probably not much worry to the devs.

Please correct me if I'm wrong, but it is my understanding that the devs originally wanted to hand the coin directly to the markets; that is, mining is just a vehicle for getting the coin to the markets. The added benefit is that the coin will be in wallets that will kick-start the trust.

Thoughts or comments?
mitchellmint (OP)
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July 04, 2014, 04:40:20 PM
Last edit: July 04, 2014, 04:59:46 PM by mitchellmint
 #177

I truly believe that this coin will meet the expectations of the devs. In fact, if my understanding is correct, it is already meeting most of their expectations; at least those associated with the launch.

The fact that the transition from a 3 day coin to a ~7 day coin causes you inconvenience will not make or break this coin. If I recall correctly, the devs' plans for this coin have been in the works for ~2 years. see:
https://bitcointalk.org/index.php?topic=102986.20

In this case it is the philosophy of the coin that matters. It is the philosophy of trust that is the novelty. Whether you hold the coin or dump it is probably not much worry to the devs.

Please correct me if I'm wrong, but it is my understanding that the devs originally wanted to hand the coin directly to the markets; that is, mining is just a vehicle for getting the coin to the markets. The added benefit is that the coin will be in wallets that will kick-start the trust.

Thoughts or comments?


I have been associated with many projects but unfortunately I cannot take credit for laurencefass 's original Post two years ago.  My resume is of Assistant of many profitable coins and not Lead Dev.  I have Ninja launched a couple coins to gain experience to feel comfortable to launch a AAA Class Coin.  Referencing Minerals and Millionaire, they both had original ideas on distribution.  Millionaire had an IPO, but forked and it was over, the coin is stable and climbing back.  Minerals had a Controlled Source launch, which nearly killed it but as you can see, many people are doing well.  I had to think of a way to get as many coins split, like a set of billiard balls, I needed a good break.  I came up with this rewards system.  "Crescendo" is what I have been calling it.  The big Farms have dismissed it, allowing other miners a chance to mine it first.  If you give an honest look at this coin, you will see another layer of complexity.

Buy TRUSTplus.  We are building a Financial Platform.
mitchellmint (OP)
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July 04, 2014, 05:08:48 PM
 #178

21 Fail Votes!  I'm doin' good!

Buy TRUSTplus.  We are building a Financial Platform.
copychicken
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July 04, 2014, 05:23:26 PM
 #179

trust.poolsofhonor.com

Up and running - 0% fees
MPOS - NOMP
fast and continuous support

SPREAD THE HASH BETWEEN POOLS GUYS


 
 
 
 
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copychicken
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Pools Of Honor


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July 04, 2014, 05:38:36 PM
 #180

trust.poolsofhonor.com

Up and running - 0% fees
MPOS - NOMP
fast and continuous support

SPREAD THE HASH BETWEEN POOLS GUYS
50 TRUST bonus for every block finder ENABLED


 
 
 
 
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...INTRODUCING WAVES........
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