[CAPT] CAPTcoin

[lordscales91]

I almost get a full CAPT coin each time it mints 

Long Live CAPT coin!

And how much CAPTcoin are you holding to achieve that? And how much time it takes to mint?

[Matt9301]

Is there a rich list?? 

[Depredation]

Is there a rich list?? 

You can see the most claimed http://get.captcoin.com/addresses.html

[Matt9301]

Is there a rich list?? 

You can see the most claimed http://get.captcoin.com/addresses.html

Yeah! Thank you!

[kisrap]

how i wish their comes a betting site that accepts captcoins jut like anonbet, this is my best altcoin so far

I think there is one, but I'm not too sure. Yea this coin is great

what is the site address, i would love to try it out

Hmm, the one that's like normal dice seems to be down, try this one: http://capt.altdice.net/  I won 50 on here then stopped :p

ok thanks, but i wanted a real sports betting site

[cyberpinoy]

I almost get a full CAPT coin each time it mints  

Long Live CAPT coin!

And how much CAPTcoin are you holding to achieve that? And how much time it takes to mint?

so far today I got a mint at the following times
8/13/2014 01:46
8/13/2014 04:03
8/13/2014 09:20

If I remember correctly the coins must be held in the wallet for 8+ hours in order to be minted against, as you can see I have coins coming in at different times thus the many different times of minting payouts.

Coins get 30% a year but in order to figure out how many coins you would need to hold to get 1 could be a bit complex, All 3 of those minting times gave me a different value therefore It tells me its minting on a different number of coins on each period.

1250 coins should give you at least 1 coin minted a day I think, but to have 1 coin per minting period I think you would need to deposit 1250 coins at different times during the day in order to receive 1 CAPT per minting period per day.

[kisrap]

I almost get a full CAPT coin each time it mints  

Long Live CAPT coin!

And how much CAPTcoin are you holding to achieve that? And how much time it takes to mint?

so far today I got a mint at the following times
8/13/2014 01:46
8/13/2014 04:03
8/13/2014 09:20

If I remember correctly the coins must be held in the wallet for 8+ hours in order to be minted against, as you can see I have coins coming in at different times thus the many different times of minting payouts.

Coins get 30% a year but in order to figure out how many coins you would need to hold to get 1 could be a bit complex, All 3 of those minting times gave me a different value therefore It tells me its minting on a different number of coins on each period.

1250 coins should give you at least 1 coin minted a day I think, but to have 1 coin per minting period I think you would need to deposit 1250 coins at different times during the day in order to receive 1 CAPT per minting period per day.

some of mine are generated but not accepted, but its c00l because i now know why

[Joca97]

Do you think we can have this coin added in Justcoin? It's one of the exchange site that I find very easy to use.

yes i think it would be awesome if we could have this on justcoin

they are a really good site ))

[thegold]

thank you EcuaMobi...
i got enough captcoin from your captcha..
but...
after 50days is it could be mine??

[blueshoe]

I'm getting a fan of captcoin. But one question remains, which unsettled me: Where does the 30% interest come from? Is that an inflation sometime?

[tijnar]

I almost get a full CAPT coin each time it mints  

Long Live CAPT coin!

And how much CAPTcoin are you holding to achieve that? And how much time it takes to mint?

so far today I got a mint at the following times
8/13/2014 01:46
8/13/2014 04:03
8/13/2014 09:20

If I remember correctly the coins must be held in the wallet for 8+ hours in order to be minted against, as you can see I have coins coming in at different times thus the many different times of minting payouts.

Coins get 30% a year but in order to figure out how many coins you would need to hold to get 1 could be a bit complex, All 3 of those minting times gave me a different value therefore It tells me its minting on a different number of coins on each period.

1250 coins should give you at least 1 coin minted a day I think, but to have 1 coin per minting period I think you would need to deposit 1250 coins at different times during the day in order to receive 1 CAPT per minting period per day.

I guess you will keep your 1250 CAPTcoin as investment and let it mint the 1 CAPTcoin interest everyday. That will be 7 CAPTcoin a week and if its anywhere near BTC price, it a pretty good deal. Just use only the minted interest from staking. I will be doing the same with my holding of some 5000+ CAPTcoin too.

[tijnar]

I'm getting a fan of captcoin. But one question remains, which unsettled me: Where does the 30% interest come from? Is that an inflation sometime?

30% staking is till the total coin reached 100 millions. As of now, the total distributed CAPTcoin is 728,018 of a total possible 20 millions. The remaining coins will be destroyed after 50 days distribution is over. Another 80 millions will be generated by staking (and not through POW mining like other crypto-currencies) of which a small % has already started i guess. To generate the full 80 millions will take decades I guess.

[EcuaMobi]

thank you EcuaMobi...
i got enough captcoin from your captcha..
but...
after 50days is it could be mine??

I'm not sure if I understand you correctly.

Distribution will be over and you won't be able to get any more coins by solving captchas.

However, you'll be able to stake and earn interests. Also, you'll be able to buy coins or sell products and services for CAPTcoins.

[kbroadfoot]

CAPT will never be 'mineable' directly...

However it can be mined from a multipool... something like Hashcows  http://hashco.ws
 
I am working on having CAPT as a payout method at that site.... hopefully before distribution ends so we can all jump on that...

I have done this before with PMC and the owner of Hashcows likes to see community interest... usually by donation of the currency to be used for payout...  

So two questions:

1) Any interest in mining CAPT via a multipool?

2 Are you willing to donate to make that happen?

( The donated CAPT are returned to the miners, Hashcows doesn't actually keep it )

[Goldensun343]

CAPT will never be 'mineable' directly...

However it can be mined from a multipool... something like Hashcows [Suspicious link removed]
 
I am working on having CAPT as a payout method at that site.... hopefully before distribution ends so we can all jump on that...

I have done this before with PMC and the owner of Hashcows likes to see community interest... usually by donation of the currency to be used for payout...  

So two questions:

1) Any interest in mining CAPT via a multipool?

2 Are you willing to donate to make that happen?

( The donated CAPT are returned to the miners, Hashcows doesn't actually keep it )

So are you saying that you would like to have CAPT go through a short POW prior to or after distribution ends?

[Galgenfrist]

CAPT will never be 'mineable' directly...

However it can be mined from a multipool... something like Hashcows [Suspicious link removed]
 
I am working on having CAPT as a payout method at that site.... hopefully before distribution ends so we can all jump on that...

I have done this before with PMC and the owner of Hashcows likes to see community interest... usually by donation of the currency to be used for payout... 

So two questions:

1) Any interest in mining CAPT via a multipool?

2 Are you willing to donate to make that happen?

( The donated CAPT are returned to the miners, Hashcows doesn't actually keep it )

So are you saying that you would like to have CAPT go through a short POW prior to or after distribution ends?

I think he is talking about doing what BlackCoin does with their multipool. That is, the multipool mines whatever coin is the most profitable at the moment, dumps them for BTC, and then buys CAPTcoins with the earned BTC. These CAPTcoins are then distributed among the miners proportionally to their hashrate. I think it would be great as it maintains some buy pressure.

[kbroadfoot]

CAPT will never be 'mineable' directly...

However it can be mined from a multipool... something like Hashcows [Suspicious link removed]
 
I am working on having CAPT as a payout method at that site.... hopefully before distribution ends so we can all jump on that...

I have done this before with PMC and the owner of Hashcows likes to see community interest... usually by donation of the currency to be used for payout...  

So two questions:

1) Any interest in mining CAPT via a multipool?

2 Are you willing to donate to make that happen?

( The donated CAPT are returned to the miners, Hashcows doesn't actually keep it )

So are you saying that you would like to have CAPT go through a short POW prior to or after distribution ends?

Um, nothing to do with POW.... it is a multipool that purchases CAPT on miners behalf... miners mine other coins chosen by the multipool.

[chadsomenezz]

I just recently emailed Justcoin asking them if they are interested in adding Captcoin to there platform, but here is there reply.

http://i58.tinypic.com/2mhy1lk.png

maybe they are too busy with there new Platform which is Stellar..

by the way is it just me thinking that Captcoins are going to be so rare in the future?

[Goldensun343]

CAPT will never be 'mineable' directly...

However it can be mined from a multipool... something like Hashcows [Suspicious link removed]
 
I am working on having CAPT as a payout method at that site.... hopefully before distribution ends so we can all jump on that...

I have done this before with PMC and the owner of Hashcows likes to see community interest... usually by donation of the currency to be used for payout... 

So two questions:

1) Any interest in mining CAPT via a multipool?

2 Are you willing to donate to make that happen?

( The donated CAPT are returned to the miners, Hashcows doesn't actually keep it )

So are you saying that you would like to have CAPT go through a short POW prior to or after distribution ends?

I think he is talking about doing what BlackCoin does with their multipool. That is, the multipool mines whatever coin is the most profitable at the moment, dumps them for BTC, and then buys CAPTcoins with the earned BTC. These CAPTcoins are then distributed among the miners proportionally to their hashrate. I think it would be great as it maintains some buy pressure.

I understand : ) thanks!

[lordscales91]

What I'm going to discuss here probably has been already discussed but I'm too lazy to review a 55 pages thread.
Mr. Admin of the CAPTcoin, you are giving the opportunity of getting the coins via web by solving a set of 3 CAPT-chas, so everyone can get a probably fair share of the coins, however you, as the admin, could easily auto-assign rewards to yourself, and you will be getting an UNFAIR share of the coins. How can we know that you are not doing it? How the reward system works?

Every time a claim is made, the system adds the reward to your balance, then every 12 hours (9am and 9pm UTC-5), the system automatically generates transactions, which you can see here:
http://get.captcoin.com/tx.html

Then I manually copy the sendmany commands and execute them. So you could check that.
The execution is manual to prevent having the coins in the server, but I just copy and paste the commands.

Also, here you can see the top addresses that have claimed the coins:
http://get.captcoin.com/addresses.html

This will be useful too:
https://forum.captcoin.com/index.php/topic,6.0.html

Well, actually there is no way to proof that you aren't getting your coins unfairly, the only thing that I can see there is a bunch of addresses that I don't know, so who knows if there are some addresses managed by you in there (with an auto-assigned reward between the average)? The only way to proof that this is not happening is to convince users to identify their addresses on the transactions, but that will go against the anonymity, which is one of the advantages of using crypto-currencies. It's impossible to convince them all, so it's impossible to proof that.

Maybe is happening or maybe not, but it's obvious that is actually possible to do it without get caught (the anonymity has also its dark side). And that can happen with any Crypto Currency in which the distribution is centralized like with Latium, in fact I'm pretty sure that the Latium admin is currently printing money (literally). The difference with CAPTcoin is that unlike Latium, it has a limited "free distribution time"(I quoted this to indicate that after the initial distribution, faucets may appear), and after that time the only way to generate new coins will be by minting.