gagalady
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 Offline
Activity: 938
Merit: 1000
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August 08, 2014, 08:04:09 PM |
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Not yet but if xcloud reveals an unknown public desire to pay cryptocurrency for on-line storage these big companies will be able to start taking Bitcoin or anything else pretty much instantly. It would be turn-key for them. They don't take crypto now because their marketing departments haven't identified a need. What is the reason consumers will use this service instead of Google, Amazon, Microsoft, Dropbox, etc. all of which offer more-or-less the same services with easier payment options (credit card, etc.) more security, mission critical infrastructure, 24 hour support and a legal fiduciary responsibility to do the utmost to keep the data on their systems extant and as secure as possible.
Do they accept crypto-currency ? Are you saying XCloudcoin will be leading innovation in cloud solution. |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
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PondSea
Legendary
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Activity: 1428
Merit: 1000
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August 08, 2014, 08:17:41 PM |
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The premine percentage will be changed after the ICO ended to reflect the actual number of coins sold on Bittrex. However the number of the premine will still remain at 150,000 because that was the number used by private investors to assesed the future value of XCloudcoin File Hosting Share.
Xcloud is not purely an investment or hoarders coin, we expect people to buy the coins on the market for payment of our Coud Storage Services. The Initial Coin Offering was used as a price mechanism in determing the price structure of XCloudcoin Storage Services and to further stabilized the price we decided to remove the mining parameters from the coin specifications. XCloudcoin Plan will be backed by the ICO price which will be adjusted periodic on average market price.
Dev, I think you are smart enough to see where we are coming from. You NEED to reinstate the 5 million coin total then distribute the coins proportionally to everyone depending on their investment in the ICO. This is the ONLY FAIR thing to do. Anything else and you are just being greedy. Less coins means more coins for dev which means the coins are worth more so more money for him. Also you have not stated as to what you are going to do with the premined coins? Will you be selling 50% of the premine to pay off this "loan"? Where is proof of such a loan? |
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Cryptock
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August 08, 2014, 08:32:49 PM |
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The premine percentage will be changed after the ICO ended to reflect the actual number of coins sold on Bittrex. However the number of the premine will still remain at 150,000 because that was the number used by private investors to assesed the future value of XCloudcoin File Hosting Share.
Xcloud is not purely an investment or hoarders coin, we expect people to buy the coins on the market for payment of our Coud Storage Services. The Initial Coin Offering was used as a price mechanism in determing the price structure of XCloudcoin Storage Services and to further stabilized the price we decided to remove the mining parameters from the coin specifications. XCloudcoin Plan will be backed by the ICO price which will be adjusted periodic on average market price.
Dev, I think you are smart enough to see where we are coming from. You NEED to reinstate the 5 million coin total then distribute the coins proportionally to everyone depending on their investment in the ICO. This is the ONLY FAIR thing to do. Anything else and you are just being greedy. Less coins means more coins for dev which means the coins are worth more so more money for him. Also you have not stated as to what you are going to do with the premined coins? Will you be selling 50% of the premine to pay off this "loan"? Where is proof of such a loan? This is ICO not IPO and the price is fixed. Once Bittrex destroyed a coin it's gone forever. They can't keep changing the terms because someone is not happy with it. How are they going to distribute the coins proportionally to everyone depending on their investment in the ICO ? Do you think it's possible to identity all the buyers that bought on exchange. Will Bittrex have the required time to search all their database? They already stated how they going to spend the premine. Please give him/her your bank account number so that he can verify the $25,000.
The XCloudcoin Team received a loan of $25,000 from private investors for the file hosting development costs which will be repaid using the operational costs.
20% Xcloudcoin signup bonus program
30% Promotional Campaign
50% operational costs
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MemoryShock
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August 08, 2014, 08:33:24 PM |
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No offense and I am not accusing shenanigans but I don't like the necessary move over into a personal wallet immediately after what happened with Zipcoin.
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Wulfcastle
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August 08, 2014, 09:49:08 PM
Last edit: August 08, 2014, 10:27:32 PM by Wulfcastle |
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Time to bust this...I just happened to look into this thread and I was intrigued by the features offered by XCloudCoin, but they didn't seem to add up..... the type of features offered don't quite seem feasible/decentralized or weren't adequately explained, and there weren't really any technical details explaining how this system would work. So then I scrolled down to the screenshots which gave away everything... What all your "cloud features" are, is simply ownCloud : https://owncloud.org/. Which is open source "personalized" cloud software, that is neither decentralized, nor developed by XCloudcoin's dminer69. ownCloud is meant to be installed and run off a single server, meaning it's fully centralized, and all the "features" XCloudcoin provides is all from the ownCloud software.
Take a look at the login page for XCloudcoin and then for ownCloud notice the similarities. Now look at all the screenshots   dminer69 has not done any development whatsoever, he's just used ownCloud, rebranded it and "made" it into XCloudcoin, and fooled people into thinking that he's developed "cloud features". I've worked with ownCloud before and it's PHP-based software intended to run off a single server. So XCloudcoin is not decentralized and doesn't have any features. But I'm not calling this a scam yet...
Now let's go to the wallet we see in the screenshots. There are 1 of 2 posibilities. 1. The image is edited to make it seem like there is a wallet there (most likely based on previous findings) 2. dminer69 has to create PHP-libraries to make it an "app" that could fit into ownCloud ( http://apps.owncloud.com/- this process is impossible thanks to the ownCloud framework and restrictions) for XCloudcoin that would allow it to somehow allow it be decentralized while operating off a single server (highly unlikely)
Now let's go back to the screenshots and take a look at the interface. Compare that to the interface of ownCloud 6 :   Furthermore if you look closely at the last picture you'll see the "News" app (which is also open source and not developed by dminer69), which is one of the so called "features" XCloudcoin offers. Now you decide, whether this is a scam or not, I've given you all the info. Before the die-hard fanatics/sockpuppets come after me, ask yourselves this question, if dminer69 was so trustworthy, why not mention the fact that XCloudcoin in its entirety was based wholly of ownCloud?
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minairia3
Sr. Member
Offline
Activity: 1470
Merit: 326
Vave.com - Crypto Casino
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August 08, 2014, 09:51:57 PM |
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Not yet but if xcloud reveals an unknown public desire to pay cryptocurrency for on-line storage these big companies will be able to start taking Bitcoin or anything else pretty much instantly. It would be turn-key for them. They don't take crypto now because their marketing departments haven't identified a need. What is the reason consumers will use this service instead of Google, Amazon, Microsoft, Dropbox, etc. all of which offer more-or-less the same services with easier payment options (credit card, etc.) more security, mission critical infrastructure, 24 hour support and a legal fiduciary responsibility to do the utmost to keep the data on their systems extant and as secure as possible.
Do they accept crypto-currency ? Are you saying XCloudcoin will be leading innovation in cloud solution. If Xcloud gets the 10s of millions of dollars in Venture Capital funding they'd need to give Google or Microsoft a run for the money ... |
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Wolf Rainer
Legendary
Offline
Activity: 1960
Merit: 1022
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August 08, 2014, 10:04:01 PM |
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Time to bust this...I just happened to look into this thread and I was intrigued by the features offered by XCloudCoin, but they didn't seem to add up..... the type of features offered don't quite seem feasible/decentralized or weren't adequately explained, and there weren't really any technical details explaining how this system would work. So then I scrolled down to the screenshots which gave away everything... What all your "cloud features" are, is simply ownCloud : https://owncloud.org/. Which is open source "personalized" cloud software, that is neither decentralized, nor developed by XCloudcoin's dminer69. ownCloud is meant to be installed and run off a single server, meaning it's fully centralized, and all the "features" XCloudcoin provides is all from the ownCloud software.
Take a look at the login page for XCloudcoin and then for ownCloud notice the similarities. Now look at all the screenshots dminer69 has not done any development whatsoever, he's just used ownCloud, rebranded it and "made" it into XCloudcoin, and fooled people into thinking that he's developed "cloud features". I've worked with ownCloud before and it's PHP-based software intended to run off a single server. So XCloudcoin is not decentralized and doesn't have any features. But I'm not calling this a scam yet...
Now let's go to the wallet we see in the screenshots. There are 1 of 2 posibilities. 1. The image is edited to make it seem like there is a wallet there (most likely based on previous findings) 2. dminer69 has created PHP-libraries to make it an "app" that could fit into ownCloud ( http://apps.owncloud.com/- this process is impossible thanks to the ownCloud framework and restrictions) for XCloudcoin that would allow it to somehow allow it be decentralized while operating off a single server (highly unlikely)
Now let's go back to the screenshots and take a look at the interface. Compare that to the interface of ownCloud 6 : Furthermore if you look closely at the last picture you'll see the "News" app (which is also open source and not developed by dminer69), which is one of the so called "features" XCloudcoin offers. Now you decide, whether this is a scam or not, I've given you all the info. Before the die-hard fanatics/sockpuppets come after me, ask yourselves this question, if dminer69 was so trustworthy, why not mention the fact that XCloudcoin in its entirety was based wholly of ownCloud? He don´t need to mention that, cause it´s a "OPEN SOURCE", so there´s no licences. Also, how you can say "it´s impossible" if the coin it´s not lauched? And, it can be scam cause the ico it´s on Bittrex, so if the dev don´t do what it says here on the lauch, he it´s not going to get the money from bittrex. All the alt coins are based on Bitcoin, that makes alt coins scams? And bitcoin it´s based in a lot of crypto proyects, that makes bitcoin scam? |
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ChartsAndTrades
Newbie
Offline
Activity: 42
Merit: 0
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August 08, 2014, 10:10:11 PM |
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The profit sharing plan is awesome, but why is it restricted only to ICO investors?
Post-ICO buying and holding would be incentivized if people were allowed to participate at that point. On the other-hand, if you can't participate it will be a deterrent to buy after the ICO. Why would anybody buy and hold large amounts after the ICO when they know they are missing out on a key benefit of being a large holder?
The incentive is your return on investment from investing in CLD. You forget each time the price goes up everyone benefits. |
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Wulfcastle
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August 08, 2014, 10:22:54 PM |
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He don´t need to mention that, cause it´s a "OPEN SOURCE", so there´s no licences. Also, how you can say "it´s impossible" if the coin it´s not lauched? And, it can be scam cause the ico it´s on Bittrex, so if the dev don´t do what it says here on the lauch, he it´s not going to get the money from bittrex.
All the alt coins are based on Bitcoin, that makes alt coins scams? And bitcoin it´s based in a lot of crypto proyects, that makes bitcoin scam?
I never mentioned anything about licenses. I know that Bittrex is providing escrow, but I bet he was banking on the thought that nobody would find out about this before Bittrex handed over the escrow funds. Now explain to me this : - Why exactly wouldn't dminer69 post that XCloudcoin is based fully on ownCloud?
- Why would he claim that these are XCloudcoin's features when in fact it's just ownCloud rebranded?
- Explain to me how XCloudcoin is supposed to be decentralized in any way when everything is hosted on one server.
- Explain to me how dminer69, intends to create a wallet for a decentralized currency that needs to work inside software designed to run off a single server, especially when that software is PHP-based and there are few if any PHP-libraries for Bitcoin let alone other crypto-currencies.
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ChartsAndTrades
Newbie
Offline
Activity: 42
Merit: 0
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August 08, 2014, 10:28:07 PM |
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Time to bust this...I just happened to look into this thread and I was intrigued by the features offered by XCloudCoin, but they didn't seem to add up..... the type of features offered don't quite seem feasible/decentralized or weren't adequately explained, and there weren't really any technical details explaining how this system would work. So then I scrolled down to the screenshots which gave away everything... What all your "cloud features" are, is simply ownCloud : https://owncloud.org/. Which is open source "personalized" cloud software, that is neither decentralized, nor developed by XCloudcoin's dminer69. ownCloud is meant to be installed and run off a single server, meaning it's fully centralized, and all the "features" XCloudcoin provides is all from the ownCloud software. dminer69 has not done any development whatsoever, he's just used ownCloud, rebranded it and "made" it into XCloudcoin, and fooled people into thinking that he's developed "cloud features". I've worked with ownCloud before and it's PHP-based software intended to run off a single server. So XCloudcoin is not decentralized and doesn't have any features. But I'm not calling this a scam yet... Furthermore if you look closely at the last picture you'll see the "News" app (which is also open source and not developed by dminer69), which is one of the so called "features" XCloudcoin offers. Now you decide, whether this is a scam or not, I've given you all the info. Before the die-hard fanatics/sockpuppets come after me, ask yourselves this question, if dminer69 was so trustworthy, why not mention the fact that XCloudcoin in its entirety was based wholly of ownCloud? Are you calling Android a scam? Are you claiming any developer that uses the Android platform for their own apps didn't develop anything because it is open source? Lots of developers and companies use open source code to build on top of and re-brand it as something else. Kindle uses Android and re-brand it as something else, so does hundreds of companies. Why start from scratch when someone else already laid the groundwork? They still have to customize the code and setup servers. When developers do the same thing every other developer does, people claim no innovation and call it a shitcoin. Then when developers try something new and innovative people claim scam and attack it. What is the incentive for devs to try new things if they are going to be attacked for trying? |
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Wulfcastle
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August 08, 2014, 10:34:43 PM |
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Time to bust this...I just happened to look into this thread and I was intrigued by the features offered by XCloudCoin, but they didn't seem to add up..... the type of features offered don't quite seem feasible/decentralized or weren't adequately explained, and there weren't really any technical details explaining how this system would work. So then I scrolled down to the screenshots which gave away everything... What all your "cloud features" are, is simply ownCloud : https://owncloud.org/. Which is open source "personalized" cloud software, that is neither decentralized, nor developed by XCloudcoin's dminer69. ownCloud is meant to be installed and run off a single server, meaning it's fully centralized, and all the "features" XCloudcoin provides is all from the ownCloud software. dminer69 has not done any development whatsoever, he's just used ownCloud, rebranded it and "made" it into XCloudcoin, and fooled people into thinking that he's developed "cloud features". I've worked with ownCloud before and it's PHP-based software intended to run off a single server. So XCloudcoin is not decentralized and doesn't have any features. But I'm not calling this a scam yet... Furthermore if you look closely at the last picture you'll see the "News" app (which is also open source and not developed by dminer69), which is one of the so called "features" XCloudcoin offers. Now you decide, whether this is a scam or not, I've given you all the info. Before the die-hard fanatics/sockpuppets come after me, ask yourselves this question, if dminer69 was so trustworthy, why not mention the fact that XCloudcoin in its entirety was based wholly of ownCloud? Are you calling Android a scam? Are you claiming any developer that uses the Android platform for their own apps didn't develop anything because it is open source? Lots of developers and companies use open source code to build on top of. Why start from scratch when someone else already laid the groundwork? They still have to customize the code and setup servers. When developers do the same thing every other developer does, people claim no innovation and call it a shitcoin. Then when developers try something new and innovative people claim scam and attack it. What is the incentive for devs to try new things if they are going to be attacked for trying? Well you see there is a difference. I have no problem with anyone using Open Source code, but using it and then claiming all work to be yours, that is not correct. In Android, if an OEM decides to use Android they have to state that the phone they sell utilizes Android. dminer69, has neither said nor given credit to the fact that XCloudcoin is wholly based on ownCloud. I wonder if the "angel investors" know about this. Finally, as you said, this is something new, but innovative? Hardly. Furthermore, your account was created less than 2 days ago, and as a "Newbie" all you've done is post continuously in this thread. What does this sound like to you? Sockpuppet? |
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ChartsAndTrades
Newbie
Offline
Activity: 42
Merit: 0
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August 08, 2014, 10:41:52 PM
Last edit: August 09, 2014, 12:00:31 AM by ChartsAndTrades |
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Well you see there is a difference. I have no problem with anyone using Open Source code, but using it and then claiming all work to be yours, that is not correct. In Android, if an OEM decides to use Android they have to state that the phone they sell utilizes Android.
dminer69, has neither said nor given credit to the fact that XCloudcoin is wholly based on ownCloud. I wonder if the "angel investors" know about this. Finally, as you said, this is something new, but innovative? Hardly.
But you are assuming the terms and conditions of ownCloud requires anyone using the platform to disclose it is based on ownCloud. That is like someone using PHP and disclose their website was developed in PHP. No one does that. As a standalone product it might not be innovative, but being re-purposed for crypto it is innovative. |
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PondSea
Legendary
Offline
Activity: 1428
Merit: 1000
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August 08, 2014, 10:43:03 PM |
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He don´t need to mention that, cause it´s a "OPEN SOURCE", so there´s no licences. Also, how you can say "it´s impossible" if the coin it´s not lauched? And, it can be scam cause the ico it´s on Bittrex, so if the dev don´t do what it says here on the lauch, he it´s not going to get the money from bittrex.
All the alt coins are based on Bitcoin, that makes alt coins scams? And bitcoin it´s based in a lot of crypto proyects, that makes bitcoin scam?
I never mentioned anything about licenses. I know that Bittrex is providing escrow, but I bet he was banking on the thought that nobody would find out about this before Bittrex handed over the escrow funds. Now explain to me this : - Why exactly wouldn't dminer69 post that XCloudcoin is based fully on ownCloud?
- Why would he claim that these are XCloudcoin's features when in fact it's just ownCloud rebranded?
- Explain to me how XCloudcoin is supposed to be decentralized in any way when everything is hosted on one server.
- Explain to me how dminer69, intends to create a wallet for a decentralized currency that needs to work inside software designed to run off a single server, especially when that software is PHP-based and there are few if any PHP-libraries for Bitcoin let alone other crypto-currencies.
Thank you Wulfcastle for the info. I have already reached out to Bittrex to get them to look into this. They are holding the BTC in escrow so i am very sure they would be interested in this development. I have also asked them to see if they were aware of the fact that the likely premine (if we forget everything above) is going to be 33%+ |
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Wulfcastle
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August 08, 2014, 10:52:57 PM |
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Well you see there is a difference. I have no problem with anyone using Open Source code, but using it and then claiming all work to be yours, that is not correct. In Android, if an OEM decides to use Android they have to state that the phone they sell utilizes Android.
dminer69, has neither said nor given credit to the fact that XCloudcoin is wholly based on ownCloud. I wonder if the "angel investors" know about this. Finally, as you said, this is something new, but innovative? Hardly.
But you are assuming the terms and conditions of ownCloud requires anyone using the platform to disclose it is based on ownCloud. That is like someone using PHP and disclose their website was developed in PHP. No one does that. As a standalone product it might not be innovative, but being re-purposed for crypto it is innovative. No, that is not a legal issue but rather an ethical issue, which goes to show how untrustworthy dminer69 is. These "angel investors", could put over $25K into this (hypothetically), under the false assumption that dminer69 developed these features for XCloudcoin, only to find out that these exact features are not exclusive to XCloudcoin and can be replicated/used by anyone who doesn't make use of or own XCloudcoin. It's like paying $5 for a glass of water at a restaurant, only to find out that they serve them for free. There are plenty technical issues I raised as well in my previous posts. |
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Wulfcastle
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August 08, 2014, 10:55:08 PM |
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He don´t need to mention that, cause it´s a "OPEN SOURCE", so there´s no licences. Also, how you can say "it´s impossible" if the coin it´s not lauched? And, it can be scam cause the ico it´s on Bittrex, so if the dev don´t do what it says here on the lauch, he it´s not going to get the money from bittrex.
All the alt coins are based on Bitcoin, that makes alt coins scams? And bitcoin it´s based in a lot of crypto proyects, that makes bitcoin scam?
I never mentioned anything about licenses. I know that Bittrex is providing escrow, but I bet he was banking on the thought that nobody would find out about this before Bittrex handed over the escrow funds. Now explain to me this : - Why exactly wouldn't dminer69 post that XCloudcoin is based fully on ownCloud?
- Why would he claim that these are XCloudcoin's features when in fact it's just ownCloud rebranded?
- Explain to me how XCloudcoin is supposed to be decentralized in any way when everything is hosted on one server.
- Explain to me how dminer69, intends to create a wallet for a decentralized currency that needs to work inside software designed to run off a single server, especially when that software is PHP-based and there are few if any PHP-libraries for Bitcoin let alone other crypto-currencies.
Thank you Wulfcastle for the info. I have already reached out to Bittrex to get them to look into this. They are holding the BTC in escrow so i am very sure they would be interested in this development. I have also asked them to see if they were aware of the fact that the likely premine (if we forget everything above) is going to be 33%+ Anytime PondSea. |
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dminer69 (OP)
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August 08, 2014, 11:21:42 PM |
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dminer69 (OP)
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August 08, 2014, 11:40:37 PM |
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our explorer is up  |
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gagalady
Legendary
Offline
Activity: 938
Merit: 1000
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August 08, 2014, 11:47:11 PM |
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Lol.. This kids playing super hero. I was here from the beginning and the decentralized anonymity is for the mixed request on the coin source. XCloudcoin already stated there will be no illicit content on their system.
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ChartsAndTrades
Newbie
Offline
Activity: 42
Merit: 0
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August 09, 2014, 12:02:53 AM |
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Thank you Wulfcastle for the info.
I have already reached out to Bittrex to get them to look into this. They are holding the BTC in escrow so i am very sure they would be interested in this development.
I have also asked them to see if they were aware of the fact that the likely premine (if we forget everything above) is going to be 33%+
Did you invest yet? |
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