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sq
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July 16, 2014, 10:36:17 AM |
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someone made this comment to me when I told them I was going to mine his coin: it really does not look like it's worthwhile for me to expend a single has mining this coin after reading this: ViaCoin, my initial impression on it is that the math on their presale amount compared to the per block mining rewards does not favor miners.
Block 1 = 10,000,000 VIA (to be distributed by presale)
Blocks 2-2001 = 0 VIA
Blocks 2002-12801 = 10 VIA
That means miners won't have any coins at all until after block 2002. And by block 12801, which is 3.5 days into the coin, miners will have mined 100 times less than the presale amount.
therefore in my opinion miners don't stand a chance of making any money at all. That is true _______________________________________________________________________________ ___________________________________________________________  |
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No Gods or Kings. Only Bitcoin
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kencoles
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July 16, 2014, 10:40:33 AM |
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I dont understand something why the dev allowing more investment after 23:59:59 UTC time when the dev said that the inevestment will be upto 23:59:59 UTC time.So why ? he is allowing people to invest after this time and it is growing!. 
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btler420
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July 16, 2014, 10:44:06 AM |
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Greedy dev thats why + no max. Btc limit = dumbshit distribution
But why would he care he gets his coins
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y1.
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reorder
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July 16, 2014, 10:45:57 AM |
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I dont understand something why the dev allowing more investment after 23:59:59 UTC time when the dev said that the inevestment will be upto 23:59:59 UTC time.So why ? he is allowing people to invest after this time and it is growing!. Simple: getting 700 BTC is better than getting 500 BTC for the same, by the whole 200 BTC. |
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josephliton
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July 16, 2014, 10:46:02 AM |
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I dont understand something why the dev allowing more investment after 23:59:59 UTC time when the dev said that the inevestment will be upto 23:59:59 UTC time.So why ? he is allowing people to invest after this time and it is growing!. I think its the registration time (23:59:59 UTC) but you can invest more after this time,I sent BTC again after two times and it is adding there.  |
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jjj0923
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July 16, 2014, 10:49:03 AM |
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I dont understand something why the dev allowing more investment after 23:59:59 UTC time when the dev said that the inevestment will be upto 23:59:59 UTC time.So why ? he is allowing people to invest after this time and it is growing!. I think its the registration time (23:59:59 UTC) but you invest more after this time,I sent BTC again after two times and it is adding there. |
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btler420
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July 16, 2014, 10:50:23 AM |
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I dont understand something why the dev allowing more investment after 23:59:59 UTC time when the dev said that the inevestment will be upto 23:59:59 UTC time.So why ? he is allowing people to invest after this time and it is growing!. I think its the registration time (23:59:59 UTC) but you invest more after this time,I sent BTC again after two times and it is adding there. +1 well deserved for the 75btc investor haha |
y1.
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josephliton
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July 16, 2014, 10:50:47 AM |
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I dont understand something why the dev allowing more investment after 23:59:59 UTC time when the dev said that the inevestment will be upto 23:59:59 UTC time.So why ? he is allowing people to invest after this time and it is growing!. I think its the registration time (23:59:59 UTC) but you invest more after this time,I sent BTC again after two times and it is adding there. Dont know really but hoping for the best. |
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kencoles
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July 16, 2014, 10:56:19 AM |
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I dont understand something why the dev allowing more investment after 23:59:59 UTC time when the dev said that the inevestment will be upto 23:59:59 UTC time.So why ? he is allowing people to invest after this time and it is growing!. I think its the registration time (23:59:59 UTC) but you invest more after this time,I sent BTC again after two times and it is adding there. +1 well deserved for the 75btc investor haha
Initial Coin Offering: 10000000 VIA
Average price: 0.00005964 per VIA (STILL GROWING MAY REACH TO 0.00007000)
Total number of buyers: 433
Very Cleverly Scam ! |
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CryptoPleb
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July 16, 2014, 10:59:48 AM |
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I dont understand something why the dev allowing more investment after 23:59:59 UTC time when the dev said that the inevestment will be upto 23:59:59 UTC time.So why ? he is allowing people to invest after this time and it is growing!. He didn't. He said it will be randomly stopped at a time after 23:59:59 UTC If this is a scam coin then its amazing the amount of work he put into it lol |
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CryptoPleb
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July 16, 2014, 11:01:31 AM |
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and of course the work would be worth 600btc
edit - i mean it would be worth it to do that much work to scam 600btc
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jjj0923
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July 16, 2014, 11:04:30 AM |
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and of course the work would be worth 600btc
edit - i mean it would be worth it to do that much work to scam 600btc
easily thanks for the idea - I'm shooting for 1,000 btc though... LOL I'm shooting for $500,000 USD when I do it though : LOL |
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CryptoPleb
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July 16, 2014, 11:05:51 AM |
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and of course the work would be worth 600btc
edit - i mean it would be worth it to do that much work to scam 600btc
easily thanks for the idea - I'm shooting for 1,000 btc though... LOL Awesome! A new coin! Where can I give you 70btc? |
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jjj0923
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July 16, 2014, 11:07:07 AM |
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and of course the work would be worth 600btc
edit - i mean it would be worth it to do that much work to scam 600btc
easily thanks for the idea - I'm shooting for 1,000 btc though... LOL Awesome! A new coin! Where can I give you 70btc? easy - send BTC to scamsrus@gmail.comI anxiously await your money! |
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josephliton
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July 16, 2014, 11:09:53 AM |
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and of course the work would be worth 600btc
edit - i mean it would be worth it to do that much work to scam 600btc
easily thanks for the idea - I'm shooting for 1,000 btc though... LOL I'm shooting for $500,000 USD when I do it though : LOL Million dollar baby  |
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CryptoPleb
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July 16, 2014, 11:29:52 AM |
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well its over 600btc now gg I want 600 bitcoins  |
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timmyd
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July 16, 2014, 11:42:15 AM |
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what people need to relaise is no ipo will replicate nxt again. that project was open for investments for a while and not many ppl sent money and not many people got quite well off quickly. every one now thinks this will happen again but it wont. if you sent .5btc into nxt ipo like i have with via you would have been very well off. but now it seems 0.5btc is simply not enuf.
Shame about the 75btc investor but its just the same as a pow coin that has no presale release and a guy with a 100mhs miner getting all the coins. nothing is fair and the guy with the bigger wallet usually wins.
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CryptoPleb
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July 16, 2014, 11:46:02 AM |
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What is the exact threat from 1 guy having 75btc worth? That he'll let it build up then keep dumping? No one with that much would dump under what he paid though right?
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timmyd
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July 16, 2014, 11:53:05 AM |
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Its deffinatley lowered the amount of coins each investor will get. the bigger the investment pot means the coin has a greater value. thats great news but the coin has to have features worth that market cap.
If you release a coin like nxt for example it came onto the scene with a market cap of 21btc a new coin with new features is worth 21btc. It easily held that value and actually rose quite quickly. The question is can via coin hold its current value at birth. The more btc taken the harder this is to achieve.
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