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Author Topic: [ANN][SEED] SeedCoin | New Road Map  (Read 182730 times)
notsofast
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October 17, 2014, 10:17:33 AM
 #2521

I've started a thread here:

https://bitcointalk.org/index.php?topic=826318.new#new

for people who should be offered a refund on their ICO investment

Whether everyone knows it or no0t this entire staking process has not been fair at all and is riddled with problems.

below is an exchange I had this morning with one of the miners on my Pool (where we offered seedcoin)

I've also Posted about Seedcoin in Scam Assusations

Quote
Travis72682-ECHO (about 2 hours ago):
I started with 3.85 and have 16k Tongue But its looking like Im gonna miss the last stake by a couple hours so i think that is my final total

ninja-HBN (6 minutes ago):
this morning I'm up to 5586 seed from 4286 about 9 hours ago

ninja-HBN (5 minutes ago):
Tavis - I can't believe you accumulated so many seed from 3.85 - this just show how fucked up their process is.

ninja-HBN (5 minutes ago):
I started with 3 times that amount you had and will wind up with about 1/3 of your final tally.



A lot of people have been ripped off and I want my ICO Investment Back.

Feel free to sell it on the open market for the market price.

You have not been ripped off. You exposed yourself to a risky investment.

twitter.com/notsofast
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lifeforcepools
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October 17, 2014, 10:19:18 AM
 #2522

I've started a thread here:

https://bitcointalk.org/index.php?topic=826318.new#new

for people who should be offered a refund on their ICO investment

Whether everyone knows it or no0t this entire staking process has not been fair at all and is riddled with problems.

below is an exchange I had this morning with one of the miners on my Pool (where we offered seedcoin)

I've also Posted about Seedcoin in Scam Assusations

Quote
Travis72682-ECHO (about 2 hours ago):
I started with 3.85 and have 16k Tongue But its looking like Im gonna miss the last stake by a couple hours so i think that is my final total

ninja-HBN (6 minutes ago):
this morning I'm up to 5586 seed from 4286 about 9 hours ago

ninja-HBN (5 minutes ago):
Tavis - I can't believe you accumulated so many seed from 3.85 - this just show how fucked up their process is.

ninja-HBN (5 minutes ago):
I started with 3 times that amount you had and will wind up with about 1/3 of your final tally.



A lot of people have been ripped off and I want my ICO Investment Back.

It's random as always, so you cannot really blame them I think. Only if you can show it was intentional, you've got a point.

that's the whole point - it's not random and it says this in the OP - the gains were supposed to be even for everyone depending on how many coins you had at the beginning of the staking process and people have been ripped off through the incompetence of the developers.

People who are owed money are as follows:
1) People who invested in the ICO
2) People who rented miners for the initial mining
3) People who used their own mining equipment for mining

in the above order.
lifeforcepools
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October 17, 2014, 10:21:46 AM
 #2523

I've started a thread here:

https://bitcointalk.org/index.php?topic=826318.new#new

for people who should be offered a refund on their ICO investment

Whether everyone knows it or no0t this entire staking process has not been fair at all and is riddled with problems.

below is an exchange I had this morning with one of the miners on my Pool (where we offered seedcoin)

I've also Posted about Seedcoin in Scam Assusations

Quote
Travis72682-ECHO (about 2 hours ago):
I started with 3.85 and have 16k Tongue But its looking like Im gonna miss the last stake by a couple hours so i think that is my final total

ninja-HBN (6 minutes ago):
this morning I'm up to 5586 seed from 4286 about 9 hours ago

ninja-HBN (5 minutes ago):
Tavis - I can't believe you accumulated so many seed from 3.85 - this just show how fucked up their process is.

ninja-HBN (5 minutes ago):
I started with 3 times that amount you had and will wind up with about 1/3 of your final tally.



A lot of people have been ripped off and I want my ICO Investment Back.

Feel free to sell it on the open market for the market price.

You have not been ripped off. You exposed yourself to a risky investment.

I'm not complaining about the value of the coin - I was always willing to take that risk - I am simply pointing out that due to the incompetence of the DEVS people who were due coins did not get what they were promised in the OP.

it's as simple as that
lifeforcepools
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October 17, 2014, 10:23:10 AM
 #2524

As @wiser  suggested me to add SeedCoin to BTC-Market, now it was added and wallet is synced.

Ready to trade https://btc-market.org/?Pair=SEED_BTC

it's a joke - no one is buying this shitcoin.
james42
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October 17, 2014, 10:25:53 AM
 #2525

I'm reasonably happy with the whole process.

1. I have got almost as many coins as I thought I would.
2. I believe my ICO (and mining investment) will give me a reasonable return
3. The Dev was pretty honest and responsive despite the problems with the wallets

Like all of these coins there is a certain risk involved. This coin in particular needed to be "played well" for want of a better expression.

I don't think necessarily that because you didn't get the return you expected that you are automatically entitled to a refund.
BEECoinfan
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October 17, 2014, 10:28:23 AM
 #2526

I've started a thread here:

https://bitcointalk.org/index.php?topic=826318.new#new

for people who should be offered a refund on their ICO investment

Whether everyone knows it or no0t this entire staking process has not been fair at all and is riddled with problems.

below is an exchange I had this morning with one of the miners on my Pool (where we offered seedcoin)

I've also Posted about Seedcoin in Scam Assusations

Quote
Travis72682-ECHO (about 2 hours ago):
I started with 3.85 and have 16k Tongue But its looking like Im gonna miss the last stake by a couple hours so i think that is my final total

ninja-HBN (6 minutes ago):
this morning I'm up to 5586 seed from 4286 about 9 hours ago

ninja-HBN (5 minutes ago):
Tavis - I can't believe you accumulated so many seed from 3.85 - this just show how fucked up their process is.

ninja-HBN (5 minutes ago):
I started with 3 times that amount you had and will wind up with about 1/3 of your final tally.



A lot of people have been ripped off and I want my ICO Investment Back.

It's random as always, so you cannot really blame them I think. Only if you can show it was intentional, you've got a point.

that's the whole point - it's not random and it says this in the OP - the gains were supposed to be even for everyone depending on how many coins you had at the beginning of the staking process and people have been ripped off through the incompetence of the developers.

People who are owed money are as follows:
1) People who invested in the ICO
2) People who rented miners for the initial mining
3) People who used their own mining equipment for mining

in the above order.

So your mad you didn't get your full stake... No body really did except fayoling and most of his coins are going to bettering the community.  Don't forget if everybody got full stakes we would have 10 million+ coins so its fair because we all got probably around 15% of what we were expecting.  

No body is owed money especially people who rented mining equipment ( you could have sold right away and made some cash)  If the coin soared would you be telling everybody to give all their money to the Dev because he made an awesome coin? ( and yes I hired miners to mine the coin)

We are not even finished the distribution phase, the dev is still here he has fixed everything lots of factors along the way that he can't control.

Can't believe you run a pool, at least I know why I stick to supernova and such!

lifeforcepools
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October 17, 2014, 10:30:35 AM
 #2527

I'm reasonably happy with the whole process.

1. I have got almost as many coins as I thought I would.
2. I believe my ICO (and mining investment) will give me a reasonable return
3. The Dev was pretty honest and responsive despite the problems with the wallets

Like all of these coins there is a certain risk involved. This coin in particular needed to be "played well" for want of a better expression.

I don't think necessarily that because you didn't get the return you expected that you are automatically entitled to a refund.

I believe I am entitled to a refund because they failed to live up to the promises of the ROI in the staking process defined in the OP - it's as simple as that.

If you are going to entice investors based on promises of an ROI that comes from a staking process (defined in the OP) and then through YOUR incompetence and mistakes the investor does not get what they were promised then morally you are bound to refund their money and most likely legally to.

lifeforcepools
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October 17, 2014, 10:32:17 AM
 #2528

I've started a thread here:

https://bitcointalk.org/index.php?topic=826318.new#new

for people who should be offered a refund on their ICO investment

Whether everyone knows it or no0t this entire staking process has not been fair at all and is riddled with problems.

below is an exchange I had this morning with one of the miners on my Pool (where we offered seedcoin)

I've also Posted about Seedcoin in Scam Assusations

Quote
Travis72682-ECHO (about 2 hours ago):
I started with 3.85 and have 16k Tongue But its looking like Im gonna miss the last stake by a couple hours so i think that is my final total

ninja-HBN (6 minutes ago):
this morning I'm up to 5586 seed from 4286 about 9 hours ago

ninja-HBN (5 minutes ago):
Tavis - I can't believe you accumulated so many seed from 3.85 - this just show how fucked up their process is.

ninja-HBN (5 minutes ago):
I started with 3 times that amount you had and will wind up with about 1/3 of your final tally.



A lot of people have been ripped off and I want my ICO Investment Back.

It's random as always, so you cannot really blame them I think. Only if you can show it was intentional, you've got a point.

that's the whole point - it's not random and it says this in the OP - the gains were supposed to be even for everyone depending on how many coins you had at the beginning of the staking process and people have been ripped off through the incompetence of the developers.

People who are owed money are as follows:
1) People who invested in the ICO
2) People who rented miners for the initial mining
3) People who used their own mining equipment for mining

in the above order.

So your mad you didn't get your full stake... No body really did except fayoling and most of his coins are going to bettering the community.  Don't forget if everybody got full stakes we would have 10 million+ coins so its fair because we all got probably around 15% of what we were expecting.  

No body is owed money especially people who rented mining equipment ( you could have sold right away and made some cash)  If the coin soared would you be telling everybody to give all their money to the Dev because he made an awesome coin? ( and yes I hired miners to mine the coin)

We are not even finished the distribution phase, the dev is still here he has fixed everything lots of factors along the way that he can't control.

Can't believe you run a pool, at least I know why I stick to supernova and such!

you really need to go back and read the OP my friend - there are promises made there and they were not met - it's as simple as that. I speak not only for myself but dozens of pool members who feel ripped off by this whole process,
lifeforcepools
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October 17, 2014, 10:34:04 AM
 #2529

I've started a thread here:

https://bitcointalk.org/index.php?topic=826318.new#new

for people who should be offered a refund on their ICO investment

Whether everyone knows it or no0t this entire staking process has not been fair at all and is riddled with problems.

below is an exchange I had this morning with one of the miners on my Pool (where we offered seedcoin)

I've also Posted about Seedcoin in Scam Assusations

Quote
Travis72682-ECHO (about 2 hours ago):
I started with 3.85 and have 16k Tongue But its looking like Im gonna miss the last stake by a couple hours so i think that is my final total

ninja-HBN (6 minutes ago):
this morning I'm up to 5586 seed from 4286 about 9 hours ago

ninja-HBN (5 minutes ago):
Tavis - I can't believe you accumulated so many seed from 3.85 - this just show how fucked up their process is.

ninja-HBN (5 minutes ago):
I started with 3 times that amount you had and will wind up with about 1/3 of your final tally.



A lot of people have been ripped off and I want my ICO Investment Back.

It's random as always, so you cannot really blame them I think. Only if you can show it was intentional, you've got a point.

that's the whole point - it's not random and it says this in the OP - the gains were supposed to be even for everyone depending on how many coins you had at the beginning of the staking process and people have been ripped off through the incompetence of the developers.

People who are owed money are as follows:
1) People who invested in the ICO
2) People who rented miners for the initial mining
3) People who used their own mining equipment for mining

in the above order.

So your mad you didn't get your full stake... No body really did except fayoling and most of his coins are going to bettering the community.  Don't forget if everybody got full stakes we would have 10 million+ coins so its fair because we all got probably around 15% of what we were expecting.  

No body is owed money especially people who rented mining equipment ( you could have sold right away and made some cash)  If the coin soared would you be telling everybody to give all their money to the Dev because he made an awesome coin? ( and yes I hired miners to mine the coin)

We are not even finished the distribution phase, the dev is still here he has fixed everything lots of factors along the way that he can't control.

Can't believe you run a pool, at least I know why I stick to supernova and such!

 my complaint has nothing to do with the value of the coin - that was a risk I was always willing to take. My complaint is simple - the staking process did not work as advertised in the OP - that is my complaint.

trust me when I tell you that it gives me no pleasure whatsoever to complain - this was a coin with an ROI promise - not a lottery...
lifeforcepools
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October 17, 2014, 10:43:05 AM
 #2530

projected SEED growth with 1000 SEED at start of growth period
block 11540 - end of day 1 - 3,690 SEED
block 12980 - end of day 2 - 13,616.1 SEED
block 14420 - end of day 3 - 50,243.40 SEED
block 15860 - end of day 4 - 185,398.17 SEED
block 17300 - end of day 5 - 684,119.28 SEED
block 18740 - end of day 6 - 2,524,400.14 SEED
block 20100 - end of day 7 - 9,315,036.54 SEED


actual SEED growth
block 11540 - end of day 1 - 2014-10-12 00:23:26 - 3,438.48 SEED
block 12980 - end of day 2 - 2014-10-13 00:21:05 - 12,038.67 SEED
block 14420 - end of day 3 - 2014-10-13 23:57:53 - 36,695.71 SEED
block 15860 - end of day 4 - 2014-10-14 23:24:23 - 107,983.38 SEED
block 17300 - end of day 5 - 2014-10-15 22:34:19 - 326,300.57 SEED
block 18740 - end of day 6 - 2014-10-16 21:45:17 - 904,031.19 SEED
block 20100 - end of day 7 - 2014-10-17

* i will continue to update after end of each growth day

** new maximum potential coin supply at end of 7th growth day based on current 904,031.19 = 3,335,875.09 SEED

to align your price expectations:
if marketcap is 100 BTC (~$40,000) with 3,335,875.09 coin supply, price would be 0.00002997 / SEED
if marketcap is 10 BTC (~$4,000) with 3,335,875.09 coin supply, price would be 0.00000299 / SEED

unfortunately - it's not working this way for many people - their actual results are much much less and much higher is some instances.
popcorn75
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October 17, 2014, 11:16:08 AM
 #2531

I started with 1 seed and I am up to 1477. I am blown away by how you guys think things work. Do you guys have no back bone. All of you that do not have the right amount of seed(supposedly) only have yourself to blame. I am not a genius, but after reading the original post and the next couple pages after I knew that I needed to do a couple things. I needed a minimum of one seed. I needed that one seed to start staking right at the beginning of the growth period. Here is where most of u messed up.

1. you moved your coins into your wallet and unlocked it right when the growth period starts. ------You lost 1 day if you did this
2. you moved coins after the start of the growth period
3. Did not start with one seed or more

The dev did not force anyone to buy. The dev has no control over your pc. So stop crying already its getting old. And a refund, lol, for what.


To the dev, this is coming from a person who does not smoke pot. I think you could really make this something if you started selling MJ strains/seeds. You would need to buy some in bulk using btc. But only accepts seedcoin for purchases.

popcorn75
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October 17, 2014, 11:18:56 AM
 #2532

Also a lot of you need to do some serious research on how POS works if you want to invest in this type of coin. I think most of you think that you just seed all your coins at once every 24 hours. this is not even close to correct.

lifeforcepools
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October 17, 2014, 11:23:47 AM
 #2533

I started with 1 seed and I am up to 1477. I am blown away by how you guys think things work. Do you guys have no back bone. All of you that do not have the right amount of seed(supposedly) only have yourself to blame. I am not a genius, but after reading the original post and the next couple pages after I knew that I needed to do a couple things. I needed a minimum of one seed. I needed that one seed to start staking right at the beginning of the growth period. Here is where most of u messed up.

1. you moved your coins into your wallet and unlocked it right when the growth period starts. ------You lost 1 day if you did this
2. you moved coins after the start of the growth period
3. Did not start with one seed or more

The dev did not force anyone to buy. The dev has no control over your pc. So stop crying already its getting old. And a refund, lol, for what.


To the dev, this is coming from a person who does not smoke pot. I think you could really make this something if you started selling MJ strains/seeds. You would need to buy some in bulk using btc. But only accepts seedcoin for purchases.

the sad part is that I did everything right In fact I had a lot more than 1 seed) .... I'm happy for you that you got such great growth - truly...

by the way - even though I did start with more than 1 seed many people had less that 1 seed and the devs had to issue a new wallet to fix this - so all those people lost out on valuable staking due to errors in the wallet.
james42
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October 17, 2014, 11:31:35 AM
 #2534

the sad part is that I did everything right In fact I had a lot more than 1 seed) .... I'm happy for you that you got such great growth - truly...

by the way - even though I did start with more than 1 seed many people had less that 1 seed and the devs had to issue a new wallet to fix this - so all those people lost out on valuable staking due to errors in the wallet.

Quote from: lifeforcepools
I invested about $270 U.S. for .8 seedcoin during their ICO on the promise of great returns from Staking.

I ended up the mining process with about 12.2 Seedcoin - here is an exhange with one fo the members of my Pool that offered Seedcoin mining.

So you had 13 coins? How many did you end up with from staking?
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October 17, 2014, 11:34:31 AM
 #2535

I started with 1 seed and I am up to 1477. I am blown away by how you guys think things work. Do you guys have no back bone. All of you that do not have the right amount of seed(supposedly) only have yourself to blame. I am not a genius, but after reading the original post and the next couple pages after I knew that I needed to do a couple things. I needed a minimum of one seed. I needed that one seed to start staking right at the beginning of the growth period. Here is where most of u messed up.

1. you moved your coins into your wallet and unlocked it right when the growth period starts. ------You lost 1 day if you did this
2. you moved coins after the start of the growth period
3. Did not start with one seed or more

The dev did not force anyone to buy. The dev has no control over your pc. So stop crying already its getting old. And a refund, lol, for what.


To the dev, this is coming from a person who does not smoke pot. I think you could really make this something if you started selling MJ strains/seeds. You would need to buy some in bulk using btc. But only accepts seedcoin for purchases.

the sad part is that I did everything right In fact I had a lot more than 1 seed) .... I'm happy for you that you got such great growth - truly...

by the way - even though I did start with more than 1 seed many people had less that 1 seed and the devs had to issue a new wallet to fix this - so all those people lost out on valuable staking due to errors in the wallet.

If there would of been updates during the growth period then I would see a problem. But Most of them, I believe 4 of them all got released before the start of the growth period. There was I believe one at the beginning of the growth period. I simply waited until I staked. Then I would update unlock and that would leave me with like  2 minutes down time on each update. Easy.

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October 17, 2014, 11:41:00 AM
 #2536

I started with 1 seed and I am up to 1477. I am blown away by how you guys think things work. Do you guys have no back bone. All of you that do not have the right amount of seed(supposedly) only have yourself to blame. I am not a genius, but after reading the original post and the next couple pages after I knew that I needed to do a couple things. I needed a minimum of one seed. I needed that one seed to start staking right at the beginning of the growth period. Here is where most of u messed up.

1. you moved your coins into your wallet and unlocked it right when the growth period starts. ------You lost 1 day if you did this
2. you moved coins after the start of the growth period
3. Did not start with one seed or more

The dev did not force anyone to buy. The dev has no control over your pc. So stop crying already its getting old. And a refund, lol, for what.


To the dev, this is coming from a person who does not smoke pot. I think you could really make this something if you started selling MJ strains/seeds. You would need to buy some in bulk using btc. But only accepts seedcoin for purchases.

the sad part is that I did everything right In fact I had a lot more than 1 seed) .... I'm happy for you that you got such great growth - truly...

by the way - even though I did start with more than 1 seed many people had less that 1 seed and the devs had to issue a new wallet to fix this - so all those people lost out on valuable staking due to errors in the wallet.

If there would of been updates during the growth period then I would see a problem. But Most of them, I believe 4 of them all got released before the start of the growth period. There was I believe one at the beginning of the growth period. I simply waited until I staked. Then I would update unlock and that would leave me with like  2 minutes down time on each update. Easy.

there were problem during the early phases of the staking period and it's wall well documented here int he thread...

popcorn75
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October 17, 2014, 11:48:19 AM
 #2537

I started with 1 seed and I am up to 1477. I am blown away by how you guys think things work. Do you guys have no back bone. All of you that do not have the right amount of seed(supposedly) only have yourself to blame. I am not a genius, but after reading the original post and the next couple pages after I knew that I needed to do a couple things. I needed a minimum of one seed. I needed that one seed to start staking right at the beginning of the growth period. Here is where most of u messed up.

1. you moved your coins into your wallet and unlocked it right when the growth period starts. ------You lost 1 day if you did this
2. you moved coins after the start of the growth period
3. Did not start with one seed or more

The dev did not force anyone to buy. The dev has no control over your pc. So stop crying already its getting old. And a refund, lol, for what.


To the dev, this is coming from a person who does not smoke pot. I think you could really make this something if you started selling MJ strains/seeds. You would need to buy some in bulk using btc. But only accepts seedcoin for purchases.

the sad part is that I did everything right In fact I had a lot more than 1 seed) .... I'm happy for you that you got such great growth - truly...

by the way - even though I did start with more than 1 seed many people had less that 1 seed and the devs had to issue a new wallet to fix this - so all those people lost out on valuable staking due to errors in the wallet.

If there would of been updates during the growth period then I would see a problem. But Most of them, I believe 4 of them all got released before the start of the growth period. There was I believe one at the beginning of the growth period. I simply waited until I staked. Then I would update unlock and that would leave me with like  2 minutes down time on each update. Easy.

there were problem during the early phases of the staking period and it's wall well documented here int he thread...



there were problem during the early phases of the staking period and it's wall well documented here int he thread...

So why are you complaining? Crap happens. The dev fixed it, and fast!!!

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October 17, 2014, 11:57:34 AM
 #2538

I started with 1 seed and I am up to 1477. I am blown away by how you guys think things work. Do you guys have no back bone. All of you that do not have the right amount of seed(supposedly) only have yourself to blame. I am not a genius, but after reading the original post and the next couple pages after I knew that I needed to do a couple things. I needed a minimum of one seed. I needed that one seed to start staking right at the beginning of the growth period. Here is where most of u messed up.

1. you moved your coins into your wallet and unlocked it right when the growth period starts. ------You lost 1 day if you did this
2. you moved coins after the start of the growth period
3. Did not start with one seed or more

The dev did not force anyone to buy. The dev has no control over your pc. So stop crying already its getting old. And a refund, lol, for what.


To the dev, this is coming from a person who does not smoke pot. I think you could really make this something if you started selling MJ strains/seeds. You would need to buy some in bulk using btc. But only accepts seedcoin for purchases.

the sad part is that I did everything right In fact I had a lot more than 1 seed) .... I'm happy for you that you got such great growth - truly...

by the way - even though I did start with more than 1 seed many people had less that 1 seed and the devs had to issue a new wallet to fix this - so all those people lost out on valuable staking due to errors in the wallet.

If there would of been updates during the growth period then I would see a problem. But Most of them, I believe 4 of them all got released before the start of the growth period. There was I believe one at the beginning of the growth period. I simply waited until I staked. Then I would update unlock and that would leave me with like  2 minutes down time on each update. Easy.

there were problem during the early phases of the staking period and it's wall well documented here int he thread...



there were problem during the early phases of the staking period and it's wall well documented here int he thread...

So why are you complaining? Crap happens. The dev fixed it, and fast!!!

if you would take the time to read my posts instead of reactive like an exposed nerve you'd see that my complaint is based on the fact that I did not get the number of staking coins I was promised in the OP - nothing more, nothing less. I made an investment and I mined and I did not get what I was supposed to.

perhaps you don't mind being cheated, but I do.

you wrote : "Crap happens. The dev fixed it"

this is true - now the devs can make up for it be either re-imbursing people or making them whole with the number of coins they're entitled to.

thediglio
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October 17, 2014, 12:02:45 PM
 #2539

Lol call the crypto police. Noobs lost more money than they could afford and now they are crying.  Roll Eyes

It blows my mind that you operate a pool and are acting like this. Grow a set, you're gambling on altcoins not buying savings bonds.
lifeforcepools
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October 17, 2014, 12:16:40 PM
 #2540

Lol call the crypto police. Noobs lost more money than they could afford and now they are crying.  Roll Eyes

It blows my mind that you operate a pool and are acting like this. Grow a set, you're gambling on altcoins not buying savings bonds.

actually - it takes balls to complain pal  and if you mined on my pools you'd know that I stand up for myself and my miners and I don't take shit from anyone.

I've been around here for a long time. Your infantile response doesn't surprise because again you fail to understand the point of my complaint which is simple so since you apparently have the reading comprehension of a 5th grader so I'll spell it out again.

the VALUE of the coin is irrelevant to me and has nothing to do with my complaint. I've said that over and over - my complaint is that the staking process is flawed and I did not get the number of coins promised in the OP - it's as simple as that - you must be a democrat because instead of responding to my complaint youo attempt to change the subject and call me a 'noob' and somehow infer that I'm concerned about losing money - I knew the risk when I invested because I've invested in lots of other coins....my complaint is that the staking process did not work as promised in the OP.

it's as simple as that. I've tried not to use big words that you might now understand.



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