[CAPT] CAPTcoin

[skunk]

I was originally told that there were only 1.2M coins in circ, hence the initial offer was based on that date point -- there is almost twice that amount....

2give has a supply of 50M, hence a ratio of 1:10 is still a good deal...

Consider that not only is CAPTcoin not actively developed, it doesn't have a block explorer OR any means of exchange -- and what do you have?  

a block explorer is trivial to set up and capt is listed on both cryptopia and yobit

The fact of the matter is, SNF only has so many coins to do swaps and it's not like we're getting anything of value out of them -- just mindshare -- and likely not much of that since a high percentage of people immediately run off to an exchange to cash 2GIVE out for BTC.

while i do some trading, i never dump coins for a small buck. as a fact i still own 34k capt and 395k 2give...

At the end of the day you either want "a slice of the watermelon" or "the whole grape" ?

just a (fair) big enough slice since nobody can assure me that 2give won't be in the same situation in a couple of years...

Think it over...and when we get a working wallet online we'll open up the SWAP and you can decide privately if you want something of value or not.  This swap offer will not be open forever.  We just release our RC5 wallet that includes Gift*card paper wallet support in the app.  When coupled with the mobile wallet we're starting development on now we have a powerful system to do "air-drops" in the real world.

while i like the PoW implementation you've developed for 2give, i was witness of so many coin failures because the developer lost interest...
value is subjective, not absolute and maybe 2give has more value right now, but again, where will it be in a couple of years?

PS: when you say the "net is alive" -- what does that mean to you?  I can't see it yet, but I can share that the 2GIVE seed nodes carry an average of +80 connections, recently spiking to around 120 -- what's in your wallet??

i mean that transactions are fast as blocks generation.
there are 10 connections right now...

[TheLittleDuke]

I appreciate the thoughtful comments, I really do.  There are obviously no guarantees but I can tell you that SNF is well funded and will be fully disclosed in our annual filing since it's a non profit.  I don't take any salary or compensation from SNF either.

What I hope you appreciate is that unlike most devs I'm NOT anonymous -- http://linkedin.com/in/dvduccini

I hold a Masters in Software Engineering and an MBA ;-)

In the interest of transparency here is the rationale for the 1:5 offer...

Here's the math behind the other swaps:

                RATIO    X      2GIVE      %
CAPT       2,334,735     1:5       5       11,673,675    2.3%
PMP       1,168,921     1:10     10        11,689,213    2.3%
WATER    574,398,103     50:1     50        11,487,962    2.3%
KARMA   71,636,764,065   10000:1    10,000     7,163,676    1.4%


The initial 1:10 on CAPT was based on a flawed understanding of the total moneysupply.  (EquaMobi thought there were around 1.2 - 1.6M coins.)  All the other swaps we have done have targeted a 2-3% total coinsupply.   KARMA is junk and keeps kicking out 10K coin blocks so there's a lower premium on that due to the ridiculous number of coins

The reality however is that SNF doesn't have all the 500M coins -- the bulk are in Bittrex and other users.  We only have so many coins to do these swaps with and for the time being we are only staking on our donation wallet.

At 2-3 % assuming we even had all the coins means we could do 50 coinswaps total -- in reality we're going to end up with around 10-15.

Our CAPTcoin wallet is up to around August of last year so it's working as fast as it can to sync with 4 vCPU's and 4GB of ram.  

You've got some time to think it over ;-)

-dvd

I was originally told that there were only 1.2M coins in circ, hence the initial offer was based on that date point -- there is almost twice that amount....

2give has a supply of 50M, hence a ratio of 1:10 is still a good deal...

Consider that not only is CAPTcoin not actively developed, it doesn't have a block explorer OR any means of exchange -- and what do you have?  

a block explorer is trivial to set up and capt is listed on both cryptopia and yobit

The fact of the matter is, SNF only has so many coins to do swaps and it's not like we're getting anything of value out of them -- just mindshare -- and likely not much of that since a high percentage of people immediately run off to an exchange to cash 2GIVE out for BTC.

while i do some trading, i never dump coins for a small buck. as a fact i still own 34k capt and 395k 2give...

At the end of the day you either want "a slice of the watermelon" or "the whole grape" ?

just a (fair) big enough slice since nobody can assure me that 2give won't be in the same situation in a couple of years...

Think it over...and when we get a working wallet online we'll open up the SWAP and you can decide privately if you want something of value or not.  This swap offer will not be open forever.  We just release our RC5 wallet that includes Gift*card paper wallet support in the app.  When coupled with the mobile wallet we're starting development on now we have a powerful system to do "air-drops" in the real world.

while i like the PoW implementation you've developed for 2give, i was witness of so many coin failures because the developer lost interest...
value is subjective, not absolute and maybe 2give has more value right now, but again, where will it be in a couple of years?

PS: when you say the "net is alive" -- what does that mean to you?  I can't see it yet, but I can share that the 2GIVE seed nodes carry an average of +80 connections, recently spiking to around 120 -- what's in your wallet??

i mean that transactions are fast as blocks generation.
there are 10 connections right now...

[EcuaMobi]

The initial 1:10 on CAPT was based on a flawed understanding of the total moneysupply.  (EquaMobi thought there were around 1.2 - 1.6M coins.)  

Actually I told you there where around 3.2M and based on that you asked me whether 10:1 seemed reasonable. TBH I have no idea where you got that 1.2-1.6M from.

[TheLittleDuke]

The initial 1:10 on CAPT was based on a flawed understanding of the total moneysupply.  (EquaMobi thought there were around 1.2 - 1.6M coins.)  

Actually I told you there where around 3.2M and based on that you asked me whether 10:1 seemed reasonable. TBH I have no idea where you got that 1.2-1.6M from.

I don't either -- we have a bunch of deals in flight -- let me re-visit the numbers and get back to you ?

I know we did revise our offer to the WATER community after it was in flight and made all early traders whole on the revised deal.

I've spent way more time on this than should be necessary :-)

Our chain is now up to 4/24/16 so it's almost sync'd, shows 4 connections and a moneysupply of

    "moneysupply" : 20368419.71745200,

which is more than the sum of the richlist that skunk extracted

"The secret to happiness is managing expectations"

I'll get back to you all after the chain is up to date and I crunch the numbers.

-dvd

[TheLittleDuke]

Looks like we FINALLY have a viable swap wallet online!  (though I can't get tally.php to run cleanly without crashing out every few thousand blocks and i'm NOT about to resync the chain with txindex=1 which is the best intel i can find)

I looked at the average market valuation for the past 30 days based on info from coinmarketcap

The swap turns out to be closer to 1:7, but I'm willing to extend a 1:10 offer to any early adopters since you've been cordial and helpful (especially skunk and ecuamobi)

So...I'll swap you 1:10 CAPTcoin:2GIVE for the next week for any early adopters that want to make the move.

After Friday the 17th the ratio drops to 1:7, which will run for a week and then re-evaluate.

If you're "in", PM your 2GIVE ADDR, and I'll create a CAPT swap wallet addr for you to send the coins to.

I think you'll find that there's a reason why I spent the over $750 USD on the trademark "It's Better 2GIVE"

I'm in this for the long haul guys...hope you are to!

Sincerely,

David V Duccini
Executive Director
Strength In Numbers Foundation
A non-profit digital trust

Code:

coind@alt2give:~$ ./CAPTcoind getinfo
{
    "version" : "v1.5.0.0",
    "protocolversion" : 60007,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 1619429,
    "moneysupply" : 20382163.92585500,
    "connections" : 7,
    "proxy" : "",
    "ip" : "192.169.7.61",
    "difficulty" : 0.00024414,
    "testnet" : false,
    "keypoololdest" : 1464297693,
    "keypoolsize" : 101,
    "paytxfee" : 0.00001000,
    "errors" : "WARNING: Checkpoint is too old. Wait for block chain to download, or notify developers."
}

[TheLittleDuke]

First swap of 40K of CAPT:2GIVE has already occurred!

Who's next?? 

EZ Instructions:

1. Download and run the 2GIVE wallet  http://2Give.Info/#download
2. Send me a PM with your Give* address and ask for a CAPT swap address
3. Send your CAPT to the swap address and I'll send 2GIVE back to your Give* address

Code:

coind@alt2give:~$ ./CAPTcoind getinfo
{
    "version" : "v1.5.0.0",
    "protocolversion" : 60007,
    "walletversion" : 60000,
    "balance" : 40000.00000000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 1620440,
    "moneysupply" : 20382261.40390400,
    "connections" : 11,
    "proxy" : "",
    "ip" : "192.169.7.61",
    "difficulty" : 0.00024414,
    "testnet" : false,
    "keypoololdest" : 1464297693,
    "keypoolsize" : 101,
    "paytxfee" : 0.00001000,
    "errors" : "WARNING: Checkpoint is too old. Wait for block chain to download, or notify developers."
}

[skunk]

i finally swapped my 34k capt for 340k 2give, thank you duke.

[TheLittleDuke]

Finally !!!!  TOTAL sent  103.417 capt......=....... 1.034.170 2give

Thankyou TheLittleDuke !!

It's Better 2GIVE :-)

[cleitonrat]

The windows wallet is so difficult download by Mega provider. The website put me in obligation to get the wallet. Do you have another form to download?

Thanks and congratulations, i love PoS coins.

[TheLittleDuke]

The windows wallet is so difficult download by Mega provider. The website put me in obligation to get the wallet. Do you have another form to download?

Thanks and congratulations, i love PoS coins.

You should ONLY be getting the 2GIVE wallet from

https://2Give.Info/#download

-dvd

[losk22]

Captain more dead than alive.

[digit]

New current CAPT bootstrap and blockchain folder is being uploaded to mega, its completely synced upto a few days ago (16 Jan 2017) and blockheight 1773967.
I'll post some links when its done.
 

[bit-emperor]

New current CAPT bootstrap and blockchain folder is being uploaded to mega, its completely synced upto a few days ago (16 Jan 2017) and blockheight 1773967.
I'll post some links when its done.
 

i will wait for that links, i still have about 34K captcoin on my wallet that never sync

[digit]

These are synced upto 16 Jan 2017 or block 1773967. 
Once unpacked/bootstrap it will continue and sync the remaining blocks that been created since then. 

CAPT blockchain folder windows / snapshot  - Just unpack/replace into your CAPT blockchain also may need to set txindex=1 in conf as this is whats in my conf file.

CAPT_BlockchainFolder_2017-01-16_1773967_txindex.7z   1.15 GB
https://mega.nz/#!wEhHGJha!vCsGL9VW0rlFWmbF1X-wkVvUiCXSxIsg9umcITd1Bvw

CAPT_Bootstrap_2017-01-16_1773967.7z   464.8 MB
https://mega.nz/#!wRAASLJS!GmKIt8HKA25YKChRT9gcOIKgIB1OAPuoquYtipxwxls

Not that much staking going on lately so it will catch up with the latest blocks on if adding it now.

Happy staking

[bit-emperor]

These are synced upto 16 Jan 2017 or block 1773967. 
Once unpacked/bootstrap it will continue and sync the remaining blocks that been created since then. 

CAPT blockchain folder windows / snapshot  - Just unpack/replace into your CAPT blockchain also may need to set txindex=1 in conf as this is whats in my conf file.

CAPT_BlockchainFolder_2017-01-16_1773967_txindex.7z   1.15 GB
https://mega.nz/#!wEhHGJha!vCsGL9VW0rlFWmbF1X-wkVvUiCXSxIsg9umcITd1Bvw

CAPT_Bootstrap_2017-01-16_1773967.7z   464.8 MB
https://mega.nz/#!wRAASLJS!GmKIt8HKA25YKChRT9gcOIKgIB1OAPuoquYtipxwxls

Not that much staking going on lately so it will catch up with the latest blocks on if adding it now.

Happy staking

i have downloaded your CaptFolder 1,5 Gb, but when i put it in capt folder on app data it said eror every i start capt wallet why??

[digit]

These are synced upto 16 Jan 2017 or block 1773967. 
Once unpacked/bootstrap it will continue and sync the remaining blocks that been created since then. 

CAPT blockchain folder windows / snapshot  - Just unpack/replace into your CAPT blockchain also may need to set txindex=1 in conf as this is whats in my conf file.

CAPT_BlockchainFolder_2017-01-16_1773967_txindex.7z   1.15 GB
https://mega.nz/#!wEhHGJha!vCsGL9VW0rlFWmbF1X-wkVvUiCXSxIsg9umcITd1Bvw

CAPT_Bootstrap_2017-01-16_1773967.7z   464.8 MB
https://mega.nz/#!wRAASLJS!GmKIt8HKA25YKChRT9gcOIKgIB1OAPuoquYtipxwxls

Not that much staking going on lately so it will catch up with the latest blocks on if adding it now.

Happy staking

i have downloaded your CaptFolder 1,5 Gb, but when i put it in capt folder on app data it said eror every i start capt wallet why??

Did you delete everything that was in there first? (xcept wallet.dat & .conf)   Add "txindex=1" to .conf? 

It works perfectly for me so I don't know what error you are getting or why, but try the above, i left my .conf out but i can take a look later and see if i had any other options in there that might affect it or post a copy here.

[len01]

capt-coin, i still remember with this coin when i earn them from type captcha but now i dont remeber where i save it

[bit-emperor]

These are synced upto 16 Jan 2017 or block 1773967. 
Once unpacked/bootstrap it will continue and sync the remaining blocks that been created since then. 

CAPT blockchain folder windows / snapshot  - Just unpack/replace into your CAPT blockchain also may need to set txindex=1 in conf as this is whats in my conf file.

CAPT_BlockchainFolder_2017-01-16_1773967_txindex.7z   1.15 GB
https://mega.nz/#!wEhHGJha!vCsGL9VW0rlFWmbF1X-wkVvUiCXSxIsg9umcITd1Bvw

CAPT_Bootstrap_2017-01-16_1773967.7z   464.8 MB
https://mega.nz/#!wRAASLJS!GmKIt8HKA25YKChRT9gcOIKgIB1OAPuoquYtipxwxls

Not that much staking going on lately so it will catch up with the latest blocks on if adding it now.

Happy staking

i have downloaded your CaptFolder 1,5 Gb, but when i put it in capt folder on app data it said eror every i start capt wallet why??

Did you delete everything that was in there first? (xcept wallet.dat & .conf)   Add "txindex=1" to .conf? 

It works perfectly for me so I don't know what error you are getting or why, but try the above, i left my .conf out but i can take a look later and see if i had any other options in there that might affect it or post a copy here.

i have done all you said above and it is working, blockchain successfull sync, but i have a problem i have a captcoin wallet dat file that contain about 35K caaptcoin, i delete the old wallet on app data on captcoin folder then replace it with my wallet fille that cointain 35 k captoin, runing it again for a minute it is working but then in a seconds it is diseppear and always happen like this again when i try to run captcoin qt

[BitcoinNational]

if CAPT is making a come back let TALK know
https://bitcointalk.org/index.php?topic=864994

[cryptospreader_temp]

These are synced upto 16 Jan 2017 or block 1773967. 
Once unpacked/bootstrap it will continue and sync the remaining blocks that been created since then. 

CAPT blockchain folder windows / snapshot  - Just unpack/replace into your CAPT blockchain also may need to set txindex=1 in conf as this is whats in my conf file.

CAPT_BlockchainFolder_2017-01-16_1773967_txindex.7z   1.15 GB
https://mega.nz/#!wEhHGJha!vCsGL9VW0rlFWmbF1X-wkVvUiCXSxIsg9umcITd1Bvw

CAPT_Bootstrap_2017-01-16_1773967.7z   464.8 MB
https://mega.nz/#!wRAASLJS!GmKIt8HKA25YKChRT9gcOIKgIB1OAPuoquYtipxwxls

Not that much staking going on lately so it will catch up with the latest blocks on if adding it now.

Happy staking

i have downloaded your CaptFolder 1,5 Gb, but when i put it in capt folder on app data it said eror every i start capt wallet why??

Did you delete everything that was in there first? (xcept wallet.dat & .conf)   Add "txindex=1" to .conf? 

It works perfectly for me so I don't know what error you are getting or why, but try the above, i left my .conf out but i can take a look later and see if i had any other options in there that might affect it or post a copy here.

i have done all you said above and it is working, blockchain successfull sync, but i have a problem i have a captcoin wallet dat file that contain about 35K caaptcoin, i delete the old wallet on app data on captcoin folder then replace it with my wallet fille that cointain 35 k captoin, runing it again for a minute it is working but then in a seconds it is diseppear and always happen like this again when i try to run captcoin qt

Open qt, go to debug->console, type repairwallet. Solved!!!