UGETHIT
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August 21, 2014, 12:06:13 PM |
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Would appreciate it if you could briefly summarise: 1) the strengths of this coin? 2) the weaknesses of this coin? 3) promises made? kept? any FUD? Specifically to the dev(s), what will be the key original code/feature(s) in this coin? And will you be providing "Proof of Developer"? http://cryptoasian.com/coin-list/The dev is a liar man what else would matter? The guy said .8% premine. Go look at the block explorer on block 2 he took 7% of the coin for a premine. Who gives a shit about PoD? This coin should be otw to its death as it has a lying dev that can't be trusted.
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iawgoM
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August 21, 2014, 12:49:43 PM |
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Oh, yet another "confusion" in calculation of premine percentage - whether it is percentage of POW or POS coins...
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nfox
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August 21, 2014, 12:57:16 PM |
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Stopped my miners, sadly.
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UGETHIT
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August 21, 2014, 02:26:32 PM |
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Oh, yet another "confusion" in calculation of premine percentage - whether it is percentage of POW or POS coins...
There is no confusion really. When you say your premine is .8% that is taken from the PoW minted blocks. You can't say it is from the total number of PoW and PoS combined. That is double dipping. As you can see the guy took 7% of the total coins that will be minted during PoW. That 7% will generate roughly 7% of the PoS coins that will be made. The only reason a person would do what this shitbag did is to deceive the public. There for they can't be trusted. And a coin with a dev who can't be trusted dies. Everyone should wise up and stop mining this shitcoin.
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leotheminer
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August 21, 2014, 03:04:43 PM |
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The 120,000 coin premine from block 2 moved around every few hundred blocks but it's still almost all in one wallet, at the top of the richlist.
I've taken down the pool at hashlung.com and paid all outstanding balances. Good luck!
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TimC
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August 21, 2014, 03:16:51 PM |
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Everyone should wise up and stop mining this shitcoin.
I stopped mining once I seen he lied about the 0.8% premine. [1-100 = 1 XURO (Fair Launch)] = 100 [Block 100-20160 = 95 XURO] = 1905700 Total POW coins: 1905800 So if the Dev took 0.8% he should have gotten 15246.4 coins (1905800 x 0.8% = 15246.4) But he took 120000 so that mean 120000 of 1905800 = 6.2965% premine These scams coins stop with you (the miners). You stop mining the scam coins they will stop creating the scam coins.
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deaconxxx
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August 21, 2014, 03:31:31 PM |
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Greeeeat another scam, another shit developer I used to see this
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minkof
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August 21, 2014, 04:25:56 PM |
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This is very strange , shit coin, scam coin , but network is more then 25 GH
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elmanager
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Cryptobulgarian ninja
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August 21, 2014, 05:09:47 PM |
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Yeah right, Its strange so I stopped too. I prefer to mining darks.
xhash Network: 29.18 GH/s Difficulty: 305.78062917 Workers: 117 Pool: 4064.00 MH/s Rank User Name KH/s Blocks Found XURO/Day 1 xx 2,018,635 28 8,444.001 2 bat 524,791 23 2,195.216 3 xdata 173,365 9 725.188 4 anonymous 151,219 24 632.551 5 Tang1 103,348 6 432.306
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DeCrypterManiac
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August 21, 2014, 05:33:28 PM |
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I was wondering why xhash jumped onto this coin.. Was the only pool with good reputation
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jimlite
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August 21, 2014, 05:51:06 PM |
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Can dev please post about these acusations. Thank you
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Xuro (OP)
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August 21, 2014, 06:28:23 PM |
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Can dev please post about these acusations. Thank you
These are all fact less acusations. The pre mine was 0.8 % of total coins which was stated in the post. Here comes all the FUD already and we haven't even been launched for more than 2 days?
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cecilbdemented
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August 21, 2014, 06:39:23 PM |
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Can dev please post about these acusations. Thank you
These are all fact less acusations. The pre mine was 0.8 % of total coins which was stated in the post. Here comes all the FUD already and we haven't even been launched for more than 2 days? You know damn well that premine percentages are always calculated in terms of percentage of POW coins. That's why it's called a preMINE. You have to be pretty dense if you think anybody is going to support you holding 6% of the total POW coins.
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hellracer2011
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August 21, 2014, 06:40:18 PM |
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Can dev please post about these acusations. Thank you
These are all fact less acusations. The pre mine was 0.8 % of total coins which was stated in the post. Here comes all the FUD already and we haven't even been launched for more than 2 days? So you are calling it FUD. Not showing the complete information in the ann is called hiding of information(You should have mentioned premine as 0.8% of POW+POS coins) .Why do you want to hide the information? Why didn't you do PoD yet? Please,show the community PoD report. Have you contacted crypto asian yet?
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cecilbdemented
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August 21, 2014, 06:40:55 PM |
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The OP also does not say "of total coins" or any language that would lead anyone to believe that you were factoring in POS coins. It just says 0.8% premine.
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Xuro (OP)
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August 21, 2014, 06:44:59 PM |
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The OP also does not say "of total coins" or any language that would lead anyone to believe that you were factoring in POS coins. It just says 0.8% premine.
The block explorer also clearly shows this too and the public ledger transactions. We are sorry for the confusion as we thought that was pretty straight forward and will update the main post. Can dev please post about these acusations. Thank you
These are all fact less acusations. The pre mine was 0.8 % of total coins which was stated in the post. Here comes all the FUD already and we haven't even been launched for more than 2 days? You know damn well that premine percentages are always calculated in terms of percentage of POW coins. That's why it's called a preMINE. You have to be pretty dense if you think anybody is going to support you holding 6% of the total POW coins. As above and a it is being used for what we said it would with more payments going out and being added to the ledger for you all to see? We are trying to be as transparent as possible here, what else would you like us to do?
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fartbags
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August 21, 2014, 06:54:01 PM |
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I would assume premine means total coins, POW+POS coins.
The difficulty is too high for this coin though. They must be renting miners.
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Xuro (OP)
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August 21, 2014, 07:10:15 PM |
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I would assume premine means total coins, POW+POS coins.
The difficulty is too high for this coin though. They must be renting miners.
This what we would think everyone would also think? Yes it seems like some people are renting miners as the net hash is rather large.
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hellracer2011
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August 21, 2014, 07:15:04 PM |
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Can dev please post about these acusations. Thank you
These are all fact less acusations. The pre mine was 0.8 % of total coins which was stated in the post. Here comes all the FUD already and we haven't even been launched for more than 2 days? So you are calling it FUD. Not showing the complete information in the ann is called hiding of information(You should have mentioned premine as 0.8% of POW+POS coins) .Why do you want to hide the information? Why didn't you do PoD yet? Please,show the community PoD report. Have you contacted crypto asian yet? Request you to reply I am sure that the Developer won't have answer of it.
If you think that high hash rate means more buyers then you are mistaken.Investors are not fools on which you will dump this coin, which is highly likely is a scam. They visit the coin forum and check everything before investing now a days.
Keep your personal greed aside and demand PoD. However i know that this Developer won't do it.
I will take my words back if proven wrong.
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Xuro (OP)
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August 21, 2014, 07:18:04 PM |
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I am sure that the Developer won't have answer of it.
If you think that high hash rate means more buyers then you are mistaken.Investors are not fools on which you will dump this coin, which is highly likely is a scam. They visit the coin forum and check everything before investing now a days.
Keep your personal greed aside and demand PoD. However i know that this Developer won't do it.This coin is highly likely a scam.
I will take my words back if proven wrong.
We have replied to you in an earlier post and said that we were looking into it this week? Things have been pretty hectic with the launch and trying to push new developments through the code audit process. We haven't hid anything and have tried to be as transparent with you alls.
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