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Question: Should there be an auto 10% deduction from Profit share to be used to buy more miners?
Yes - 6 (100%)
No - 0 (0%)
Total Voters: 6

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Author Topic: [ANN][FIRE] FireCoin- 97K Fire - POS - Developer leaving  (Read 78343 times)
tom14cat14 (OP)
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September 17, 2014, 10:28:11 PM
 #641

Spread sheet updated. Next Payment will be on the 19th.
d2dtk
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September 17, 2014, 10:30:54 PM
 #642

Crazy buy support right now!


lider1971
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September 17, 2014, 11:00:19 PM
 #643

Crazy buy support right now!



WoW, Firecoin gets the value it deserves.
IMJim
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September 17, 2014, 11:42:46 PM
 #644

Yeah holy cow.......was doing a little playing around with some swing trading the past few days, managed to get a couple hundred more in my wallet but was SHOCKED when I saw the price a few minutes ago.  Came here to see if I had missed some news or something.....wonder why it shot up so much and so fast.
tom14cat14 (OP)
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September 18, 2014, 03:39:42 AM
 #645

Question to those enrolled. Do you want me to open the enrollment for profit share program? If so should it have a deadline or just anyone can enroll at any time once they meet the minimum amount?
IMJim
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September 18, 2014, 03:47:46 AM
 #646

Tough one but I want to say the more the merrier as it seems the more people that are enrolled the more coin we take off the market.  I am cool either way and will be ok with whatever the group decides.

I'm just glad I scored me a few hundred the last couple days at 3000 sats.......boy did she jump today:-)
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September 18, 2014, 03:53:54 AM
 #647

I think if it is opened it should be for a finite amount of time say 24hrs. That way anyone that really cares and follows these posts they can join.

High Volume, Secure Bitcoin Mixer: https://CoinMixer.net
mxhwr
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September 18, 2014, 08:06:47 AM
 #648

is the crypto auction site decentralized
tom14cat14 (OP)
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September 18, 2014, 02:43:31 PM
 #649

is the crypto auction site decentralized

GDN founder is the one who runs that. So Since he runs it I do not think it would be considered decentralized.
tom14cat14 (OP)
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September 18, 2014, 06:21:27 PM
Last edit: September 18, 2014, 10:08:50 PM by tom14cat14
 #650

I am going to open the profit share back up after the next payment. You can apply via the email but you will not be eligible for this round of payments. This will be left open from now on. There will be no deadline to apply. (subject to change)

Announcing Mining Profit share

We have created a profit share program where you need to have 750 Fire to be eligible. You will have to submit what fire address you will be keeping the coins in. You will have to maintain min FIRE to be eligible for payment. Your payout will be a percentage of how much BTC is mined. Your percentage will be based on your coins vs how many are enrolled in the program. Payouts will initially be every 5 days(Subject to change) until I know how many people will enroll. I will accept donations which will go directly to increasing the hash speed of the group miner. Meaning if you donate your payouts over the long run will go up because we will have a higher hashrate.

Example: You have 1000 Fire enrolled and there are a total of 10,000 Fire enrolled in the program. You would then have 10% of the profit pool. So if the payout is .5 BTC you would receive 10% of the .5 BTC or .05 BTC for that payment period.

To apply for the profit share program please send an email to firecoinprofit@gmail.com.
Please send your Firecoin address where your minimum coins will be held and BTC address where your profit share will be sent. We are also asking you to send one coin to this address F6DjcrtesYC9PtcT4k29zEJVq6AFWAiEVE along with the tx id to confirm you are the correct owner of this account. Then please inform whether you want the coin returned or if your would like them added to the donation pot for hash upgrade.

I will be updating BTC payout for the pool here- https://docs.google.com/spreadsheets/d/1D88Cf0GeTolioKoW3hEfTsO2ntSZGuWHP8BA4BVDPis/edit?usp=sharing

So why would I enroll and not just buy my own miner? This will be a continuous payout based on how many Fire you have. You will not have to buy anything. It is beneficial to donate to help buy more hash power. However initial hash is donated by Tom14cat14.

Why should I trust you that you will pay me? I have shown to be trustworthy through all of my actions. ie: Twitter Giveaways, weekly contest for BTC. I have always kept to my word. I also will be paying for this hash power out of my own pocket so the only thing you are risking is buying Firecoin.
tom14cat14 (OP)
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September 19, 2014, 07:24:21 PM
 #651

I am starting to verify everyone's current Fire. Payments will be sent out as soon as that is done. Should be within the next 30 mins.
tom14cat14 (OP)
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September 19, 2014, 07:40:04 PM
 #652

All payments have been sent. This payment was 0.113626035 BTC.  Now we just need BTC to go back up so the value goes back up.
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September 19, 2014, 07:43:10 PM
 #653

All payments have been sent. This payment was 0.113626035 BTC.  Now we just need BTC to go back up so the value goes back up.


Dividends received. Thanks a lot, Dev!  I wanna buy more FIRE!
tom14cat14 (OP)
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September 19, 2014, 07:51:14 PM
 #654

All payments have been sent. This payment was 0.113626035 BTC.  Now we just need BTC to go back up so the value goes back up.


Dividends received. Thanks a lot, Dev!  I wanna buy more FIRE!

You know where you can get it.  Grin
*Sakura*
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September 19, 2014, 08:01:16 PM
 #655

All payments have been sent. This payment was 0.113626035 BTC.  Now we just need BTC to go back up so the value goes back up.


Dividends received. Thanks a lot, Dev!  I wanna buy more FIRE!

You know where you can get it.  Grin


Ooo yeeaahh, be shure I know!  Smiley
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September 21, 2014, 02:34:10 AM
 #656

I sure do love me some FIRE! Working on obtaining more and hopefully like tom14cat14 stated it will be incorporated into KTK MarketPlace. Can't wait!! HE is awesome!!!
IMJim
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September 21, 2014, 02:58:39 AM
 #657

Yeah Tomcat is a really cool dude!  Sucks nobody took any interest in Trader but given that I guess I am glad he is letting it go and staying the pace with Fire.

Man, that buy wall on Bittrex @ a 140K is funny!  Wonder if the person knows there is only 97k total coins.  Must have to do with the recent pump but is silly as hell to see a buy wall for way more than the total supply!
tom14cat14 (OP)
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September 21, 2014, 04:47:29 AM
 #658

Yeah Tomcat is a really cool dude!  Sucks nobody took any interest in Trader but given that I guess I am glad he is letting it go and staying the pace with Fire.

Man, that buy wall on Bittrex @ a 140K is funny!  Wonder if the person knows there is only 97k total coins.  Must have to do with the recent pump but is silly as hell to see a buy wall for way more than the total supply!

Just for full disclosure I am working on a new coin. It is a big coin. I will not forget Fire but I hope some others can also step up to start helping more with fire. Mostly on spreading the word. I am going to continue the profit program as have have been doing because we have had enough interest in it. Now if everyone sells out and there are only 2 or 3 users it will go the way of TRDR. But i do not see that happening we have a pretty good group that have enrolled. So as a recap. I am working on a new coin but nothing will change at Fire. One of these days the community will recognize this coin.
IMJim
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September 21, 2014, 05:28:29 AM
 #659

Looking forward to hearing more brother.......hopefully this next coin won't entirely rely on the community!  I know that was a test for you and even though it didn't work out nobody can complain as you have been nothing but straight forward with your intentions.

Personally I will be doubling my Fire holdings from the Trader I sold....will likely get more in short order but I should at least be able to double them.
tom14cat14 (OP)
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September 21, 2014, 05:40:12 AM
 #660

Looking forward to hearing more brother.......hopefully this next coin won't entirely rely on the community!  I know that was a test for you and even though it didn't work out nobody can complain as you have been nothing but straight forward with your intentions.

Personally I will be doubling my Fire holdings from the Trader I sold....will likely get more in short order but I should at least be able to double them.


Nope it will not rely on the community. That is what TRDR was for and it taught me what people want. They want the developer to make them money and I really think this next coin will have a good chance of it. TRDR was thrown together in about 2 days. This coin I have been working on for two weeks or so now. I planned to pre ANN it tomorrow but I think I will have to delay maybe up to a week. I want to make sure pretty much everything is done before I announce the coin. I also am keeping this coin pretty close to the chest not telling info about it.
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