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Author Topic: [ANN][SEED] SeedCoin | New Road Map  (Read 184070 times)
barabbas
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October 14, 2014, 10:33:11 AM
 #2241

The only shady thing that I can see here was the attempt by the dev to keep hiding the fact that the coin was a hack job/copy/paste from Shadow coin. He admitted it ONLY after being caught instead of disclosing it in advance as he should have.

did the dev try to keep the fact that seedcoin was forked from shadowcoin? i was not here from the beginning, only started 1 day before growth period as i was honestly intrigued by how 269% daily interest would work out, I got 0.19 SEED to play with
doesnt really matter to me if the coin was forked, practically all alt-coins are

from checking github: https://github.com/cryptzo/seedcoin
it is for all to see that seedcoin was forked from shadowcoin (which was forked from blackcoin, which was forked from novacoin)
it is there on the upper left, right under cryptzo/seedcoin

Other than that and the obvious incompetence and lack of foresight -to levels of first year of High School and lower-, I don't believe it is a scam, no.

you said that you do not insult, those words sound very insulting to me
anyway, from the time i bought SEED, i witnessed two problems that were immediately identified and fixed in a matter of hours
ive seen other alt-coins take days and months even coming up with fixes

well thats my two cents

cheers

Yes he hid that fact until it was posted here and then he obviously had no choice but recognized it. Whether it matters to you or not is as irrelevant as is your OPINION that "practically all alts are". This one is and, as such, is the obligation of the dev - and those sponsoring him- to make that know publicly and end the false pretenses that there was "innovation" in this coin.

Regardless of what you may choose to consider "very insulting", to post FACTS such as the obvious incompetence of the dev, demonstrated by the many flaws, some "fixed" some not; all unknown or not considered prior to launch, is not insulting, it is posting FACTS. You may feel very insulted, for instance, if anyone tells you that you are very short, but if you are Danny de Vito, you are obviously choosing to be insulted. Perhaps in that scenario you would prefer to be called LeBron James, but I doubt Mr. De Vito would have the same opinion.

And, by the way, the incompetence is at such levels that this guys did not even consider the limit in digits that would be widely surpassed by the absurd gimmick of the 269% daily, which any first year high schooler would have thought about in under a minute.

Not to mention that, at this stage, this guy is as clueless as anyone can be as to what the behavior of the "mechanics of the staking" will actually be.

You may choose less direct terms, such as "premature". Or coating it with chocolate and a cherry on top. I call it like it is: Incompetence and irresponsibility.

Another thing: The current one is the 5th iteration of the wallet. Even though there were as minimal as you can get number of investors in the ICO -which sold 67 coins total... historic, I know-, a full 12% of people is still NOT STAKING (the only lure of this project, because of the absurd gimmick) and that have been left to dry and lost 99.99% of their investment due strictly to the dev's incompetence. People investing in ICO's, unless previously WARNED, don't have to be reading the BitcoinTalk Thread 24/7, you know? That's not how this things, when done competently, are supposed to work. And yes, I am aware you have see it all... the only thing that I can say to that is that you were in all the wrong coins and probably their devs gots a much harsher treatment than this one is getting. I am QUITE SURE though, none of those debacles came with the recommendation of a solidly established set of developers of the only altcoin the have ever reached THE WAL OF HONOR. So there's not even a remote point of comparison, ok?
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October 14, 2014, 10:39:48 AM
 #2242

So cryptzo,
May we please hear your plans for SEED? Or should we come With suggestions?

Keep up the good work and just ignore the FUDs in here Smiley

Regards Anoxy

if fixing "some things" halfway causing more damage is the good work . . . FUD is creating better work. LOL


Cannot agree With you sorry
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October 14, 2014, 10:46:08 AM
 #2243

5 hours after last stake interest payment (already delayed significantly to over 25 hours), the top dog on the list has been paid a measly 68% instead of the corresponding 269%).

It's, obviously, not the only case.
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October 14, 2014, 10:52:21 AM
 #2244

What I kinda find funny is how everyone starts bitching once they realize they may not make a killing.  If I were the dev I would be worried about the top few guys getting an extra stake compared to others.  Whether they get an 8th stake, or if they are part of the few that get a 7th if the big wallets get an extra stake IT WILL DESTROY THIS COIN. The top guy will go from holding around 30-40% of coins, to over 60% of coins...

Seriously if it looks like that is going to happen you need to do something, if not I will join the fud (im not too shabby at fud)

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October 14, 2014, 10:53:03 AM
 #2245

5 hours after last stake interest payment (already delayed significantly to over 25 hours), the top dog on the list has been paid a measly 68% instead of the corresponding 269%).

It's, obviously, not the only case.

that just means he has more coming soon.

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popcorn75
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October 14, 2014, 10:56:18 AM
 #2246

5 hours after last stake interest payment (already delayed significantly to over 25 hours), the top dog on the list has been paid a measly 68% instead of the corresponding 269%).

It's, obviously, not the only case.


Do you have a Job, or a life, every morning I wake up and see your crazy posts. We already have discovered you have poor math skills, and no clue how to trade. Please buy or move on. You have no reason to keep bashing this coin unless your are trying to buy more or sabotage it. I doubt you are over 17 with the way you have engaged with people on here. My son is 12 and still has more common sense and respect for others than you do. You have been asked to leave. BE a MAN, move on. Your like gum stuck on the bottom of a shoe. Being nice is over with. We don't want you or your BTC here. You have nothing positive ever to say. So go hype whatever coin you think is the best and leave this thread. OK now I am off to work.

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October 14, 2014, 11:00:29 AM
 #2247

5 hours after last stake interest payment (already delayed significantly to over 25 hours), the top dog on the list has been paid a measly 68% instead of the corresponding 269%).

It's, obviously, not the only case.


Do you have a Job, or a life, every morning I wake up and see your crazy posts. We already have discovered you have poor math skills, and no clue how to trade. Please buy or move on. You have no reason to keep bashing this coin unless your are trying to buy more or sabotage it. I doubt you are over 17 with the way you have engaged with people on here. My son is 12 and still has more common sense and respect for others than you do. You have been asked to leave. BE a MAN, move on. Your like gum stuck on the bottom of a shoe. Being nice is over with. We don't want you or your BTC here. You have nothing positive ever to say. So go hype whatever coin you think is the best and leave this thread. OK now I am off to work.

MIN 24 HOUR STAKE AGE DOES NOT MEAN YOU WILL STAKE IN 24 HOURS. IT MEANS YOU HAVE TO WAIT 24 HOURS BEFORE YOUR COINS ARE ELIGIBLE TO STAKE. I AM SORRY BUY I SEE EVERYONE STAKING JUST FINE. THE PROBLEM IS YOU GUYS THINK ALL YOUR COINS WILL STAKE AT THE SAME TIME. THEY WILL NOT. EVERYTIME YOU STAKE NEW COINS THOSE COINS HAVE TO GO OVER THE MIN 24 HOURS BEFORE THEY MAY STAKE. ALSO YOUR RECENTLY STAKED COINS WILL PROBABLY STAKE FASTER THAN YOUR OTHER COINS BECAUSE YOU WILL HAVE THE MOST COINS FROM YOUR LAST STAKE.

EDIT- REAL LIFE, IF I INVEST 10 BTC AND YOU INVEST 1, I WILL MAKE MORE MONEY THEN YOU. THATS LIFE GET OVER IT. NEXT TIME BE THE GUY....

I HAVE LEFT MY WALLET ALONE, IT STAKES FINE. AS SOON AS YOU GO MOVING COINS AROUND AND TRYING TO MAX PROFIT. YOU WILL LOOSE VALUE. JUST LET THEM STAKE.


ALL CAPS FOR THE PEOPLE WHO ARE HAVING TROUBLE READING THE POSTS

istvandv
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October 14, 2014, 11:01:40 AM
 #2248

5 hours after last stake interest payment (already delayed significantly to over 25 hours), the top dog on the list has been paid a measly 68% instead of the corresponding 269%).

It's, obviously, not the only case.

rich list #1 sJR67rzVhWUqQKV8uSbA7ueX1vAELaGZdD
 
previous days balance = 3,366.4672336 SEED

3,366.4672336 SEED * 3.69 = 12,422.26 SEED projected balance

todays balance = 12,926.8872336 SEED

everything looks ok to me

i think you were just looking at 1 of his transactions which generated + 2,467.88 SEED
there are four stakes roughly 68% each

as to your reference of delayed staking, i have to correct your assumption that you would stake every 24 hours
you are eligible to stake after 24 hrs at which point your weight would begin at zero
every minute thereafter your weight increases multiplied by the number of coins you have
more coins faster weight increase over time
greater weight = greater chances of staking
since there are more coins now staking, network weight/difficulty has also increased meaning you need even more weight to successfully stake

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pkobse
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October 14, 2014, 11:22:44 AM
 #2249

5 hours after last stake interest payment (already delayed significantly to over 25 hours), the top dog on the list has been paid a measly 68% instead of the corresponding 269%).

It's, obviously, not the only case.
Barabbas, even some of your points may be partially correct and I may agree with them, don't post here things, that aren't true. Your "top dog" has actually 12926 seed as you can see:

Hash             Block ▼      Date/Time              Amount               Balance

543e26c595... 14879 2014-10-14 08:38:00 + 2,467.88 SEED 12,926.8872336 SEED
dc1724c0df... 14839 2014-10-14 07:56:12 + 2,403.91 SEED 10,459.0072336 SEED
7aa8219492... 14835 2014-10-14 07:48:19 + 2,389.64 SEED 8,055.0972336 SEED
351d3555d2... 14774 2014-10-14 06:49:23 + 2,298.99 SEED 5,665.4572336 SEED
dfb9548a48... 13301 2014-10-13 06:30:18 + 1,234.36 SEED 3,366.4672336 SEED
390c242cac... 13295 2014-10-13 06:25:13 + 1,230.06 SEED 2,132.1072336 SEED
e2c0e50169... 11822 2014-10-12 06:05:15 + 732.85 SEED 902.0472336 SEED
93fcc82476... 10112 2014-10-10 15:26:36 + 158.71 SEED 169.1972336 SEED
df1bb13256... 152 2014-10-4 22:34:33 + 10.4872336 SEED 10.4872336 SEED

It is just not accounted in rich list yet.

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or DOGE DKJDnR8deKGRRbFWCnsSDz15ha5t43B75B. :-)
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October 14, 2014, 11:27:37 AM
 #2250

5 hours after last stake interest payment (already delayed significantly to over 25 hours), the top dog on the list has been paid a measly 68% instead of the corresponding 269%).

It's, obviously, not the only case.


Do you have a Job, or a life, every morning I wake up and see your crazy posts. We already have discovered you have poor math skills, and no clue how to trade. Please buy or move on. You have no reason to keep bashing this coin unless your are trying to buy more or sabotage it. I doubt you are over 17 with the way you have engaged with people on here. My son is 12 and still has more common sense and respect for others than you do. You have been asked to leave. BE a MAN, move on. Your like gum stuck on the bottom of a shoe. Being nice is over with. We don't want you or your BTC here. You have nothing positive ever to say. So go hype whatever coin you think is the best and leave this thread. OK now I am off to work.

MIN 24 HOUR STAKE AGE DOES NOT MEAN YOU WILL STAKE IN 24 HOURS. IT MEANS YOU HAVE TO WAIT 24 HOURS BEFORE YOUR COINS ARE ELIGIBLE TO STAKE. I AM SORRY BUY I SEE EVERYONE STAKING JUST FINE. THE PROBLEM IS YOU GUYS THINK ALL YOUR COINS WILL STAKE AT THE SAME TIME. THEY WILL NOT. EVERYTIME YOU STAKE NEW COINS THOSE COINS HAVE TO GO OVER THE MIN 24 HOURS BEFORE THEY MAY STAKE. ALSO YOUR RECENTLY STAKED COINS WILL PROBABLY STAKE FASTER THAN YOUR OTHER COINS BECAUSE YOU WILL HAVE THE MOST COINS FROM YOUR LAST STAKE.

EDIT- REAL LIFE, IF I INVEST 10 BTC AND YOU INVEST 1, I WILL MAKE MORE MONEY THEN YOU. THATS LIFE GET OVER IT. NEXT TIME BE THE GUY....

I HAVE LEFT MY WALLET ALONE, IT STAKES FINE. AS SOON AS YOU GO MOVING COINS AROUND AND TRYING TO MAX PROFIT. YOU WILL LOOSE VALUE. JUST LET THEM STAKE.


ALL CAPS FOR THE PEOPLE WHO ARE HAVING TROUBLE READING THE POSTS

Just show your post to the dev and compare it with what he wrote in OP.
compare it with this too
https://bitcointalk.org/index.php?topic=795954.msg9080345#msg9080345

O_o
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October 14, 2014, 11:33:50 AM
 #2251


EDIT- REAL LIFE, IF I INVEST 10 BTC AND YOU INVEST 1, I WILL MAKE MORE MONEY THEN YOU. THATS LIFE GET OVER IT. NEXT TIME BE THE GUY....



For sure if you have invested 10 BTC on SEED and I didn't invest 1 BTC anywhere, I have more money than you!  Cheesy

O_o
hashpower
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October 14, 2014, 11:36:18 AM
 #2252

Hi,
what does it mean when it says "you dont have mature coins"?
i bought some from bittrex and put them in a wallet.

will they mature?
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October 14, 2014, 11:37:19 AM
 #2253

Hi,
what does it mean when it says "you dont have mature coins"?
i bought some from bittrex and put them in a wallet.

will they mature?


they will mature within 24 hours after you put them in your wallet

O_o
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October 14, 2014, 11:59:05 AM
 #2254

Hi,
what does it mean when it says "you dont have mature coins"?
i bought some from bittrex and put them in a wallet.

will they mature?


I asked the same question 4 days ago and the answere was the same as in the previous post: Wait 24 hour and you'll get your stake.
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October 14, 2014, 12:02:36 PM
 #2255

Hi,
what does it mean when it says "you dont have mature coins"?
i bought some from bittrex and put them in a wallet.

will they mature?


I asked the same question 4 days ago and the answere was the same as in the previous post: Wait 24 hour and you'll get your stake.

They mature in 24 hours you still have to compete to stake that's just when they are eligible to start staking.

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October 14, 2014, 12:09:32 PM
 #2256

Hi,
what does it mean when it says "you dont have mature coins"?
i bought some from bittrex and put them in a wallet.

will they mature?


I asked the same question 4 days ago and the answere was the same as in the previous post: Wait 24 hour and you'll get your stake.

NO, wait 24 hours before your coins are mature/you are eligible to stake.

think of 24hours as the start. then the longer it takes for you to get a stake reward the bigger amount it will be...


really, how do you guys have regular member accounts and higher but don't know this stuff.

One thing this coin did for sure is show how many people actually never bother staking, and how many people have no clue how important it is to keep your wallet open and unlocked.

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October 14, 2014, 12:19:48 PM
 #2257



One thing this coin did for sure is show how many people actually never bother staking, and how many people have no clue how important it is to keep your wallet open and unlocked.

You dont even have to keep it open that much. Just have to open it occasionally in normal circumstances.


edit, just noticed we have the same post count and you registered 1 day before me Tongue

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October 14, 2014, 12:20:40 PM
 #2258



One thing this coin did for sure is show how many people actually never bother staking, and how many people have no clue how important it is to keep your wallet open and unlocked.

You dont even have to keep it open that much. Just have to open it occasionally in normal circumstances.

Its good to keep it open to support the network

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October 14, 2014, 12:45:44 PM
 #2259

i got 2.1 seed in my wallet from 3 days, every day its show "excepted time to earn reaward is , 1 day or 12 hours, or 7 hours ,3 hours everytime, why? whats wrong, only big amount holder can get stake or what? is this called fair POS ?

note: i run latest 1.0.5 wallet.
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October 14, 2014, 12:49:02 PM
 #2260

i got 2.1 seed in my wallet from 3 days, every day its show "excepted time to earn reaward is , 1 day or 12 hours, or 7 hours ,3 hours everytime, why? whats wrong, only big amount holder can get stake or what? is this called fair POS ?

note: i run latest 1.0.5 wallet.

How much did you start with, have you moved the coins at all and how many transactions are they broken down into?

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