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Author Topic: [ANN] old growcoin thread  (Read 126932 times)
erwin45
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November 25, 2014, 08:20:36 PM
 #261

Dev what price will the shop accept GROW tokens at? Will it be exchange rate, or is there a peg?



Exchange rate. A fixed price will not work, I'm almost better of giving stuff away for free then  Cheesy

This also means smart trading/mining can give you very cheap products if you think about it. But other currencies will be accepted to, so not all the burden is on the Grow market. The destruction fee accounts for all accepted currencies.. If you pay with dark, 1% of those drk will be traded for Grow and destroyed Wink.

Lets say we have 5 orders in the first week with a total of 250$ worth of products, 2.50$ will be exchanged for Grow and send to the destruction address which will be created in the upcoming days.

We are probably going to upscale that 1% to a 2% since we had some good news regarding a merchant discount a few days ago from our supplier  Wink

i see so in simple way is, more orders = more GROW to be destroyed , resulting less coins with higher price?

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November 25, 2014, 08:23:20 PM
 #262

Dev what price will the shop accept GROW tokens at? Will it be exchange rate, or is there a peg?



Exchange rate. A fixed price will not work, I'm almost better of giving stuff away for free then  Cheesy

This also means smart trading/mining can give you very cheap products if you think about it. But other currencies will be accepted to, so not all the burden is on the Grow market. The destruction fee accounts for all accepted currencies.. If you pay with dark, 1% of those drk will be traded for Grow and destroyed Wink.

Lets say we have 5 orders in the first week with a total of 250$ worth of products, 2.50$ will be exchanged for Grow and send to the destruction address which will be created in the upcoming days.

We are probably going to upscale that 1% to a 2% since we had some good news regarding a merchant discount a few days ago from our supplier  Wink

i see so in simple way is, more orders = more GROW to be destroyed , resulting less coins with higher price?

That is the idea yes  Smiley

With every sale, we will buy and/or destroy. I am thinking to do this on a weekly basis

We call it a destruction fee  Wink
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November 25, 2014, 08:28:30 PM
 #263

Dev what price will the shop accept GROW tokens at? Will it be exchange rate, or is there a peg?



Exchange rate. A fixed price will not work, I'm almost better of giving stuff away for free then  Cheesy

This also means smart trading/mining can give you very cheap products if you think about it. But other currencies will be accepted to, so not all the burden is on the Grow market. The destruction fee accounts for all accepted currencies.. If you pay with dark, 1% of those drk will be traded for Grow and destroyed Wink.

Lets say we have 5 orders in the first week with a total of 250$ worth of products, 2.50$ will be exchanged for Grow and send to the destruction address which will be created in the upcoming days.

We are probably going to upscale that 1% to a 2% since we had some good news regarding a merchant discount a few days ago from our supplier  Wink

I like the idea of destroying coins, but you also need to earn money on your coin yourself, to keep yourself motivated Wink As you don't have any premine, so it would make sense that you keep those coins in your wallet and you will work even double as hard when you start having more and more coins. But it is up to you Smiley
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November 25, 2014, 08:36:24 PM
 #264

Dev what price will the shop accept GROW tokens at? Will it be exchange rate, or is there a peg?



Exchange rate. A fixed price will not work, I'm almost better of giving stuff away for free then  Cheesy

This also means smart trading/mining can give you very cheap products if you think about it. But other currencies will be accepted to, so not all the burden is on the Grow market. The destruction fee accounts for all accepted currencies.. If you pay with dark, 1% of those drk will be traded for Grow and destroyed Wink.

Lets say we have 5 orders in the first week with a total of 250$ worth of products, 2.50$ will be exchanged for Grow and send to the destruction address which will be created in the upcoming days.

We are probably going to upscale that 1% to a 2% since we had some good news regarding a merchant discount a few days ago from our supplier  Wink

I like the idea of destroying coins, but you also need to earn money on your coin yourself, to keep yourself motivated Wink As you don't have any premine, so it would make sense that you keep those coins in your wallet and you will work even double as hard when you start having more and more coins. But it is up to you Smiley

Dont worry about that. Since we are starting small, there is no need for me to make insane profits. I believe I will be rewarded when everything is running and operating smoothly with the webshop itself  Wink Patience is a rewarding factor imo Wink
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November 25, 2014, 09:03:04 PM
 #265

Can i download a wallet somewhere...  Huh

I am enthusiastic about this coin.,  Grin


This coin offers anon send.
Is the Growchat also anon?

            █
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|A  G A M I N G  R E V O L U T I O N  I S  O N  T H E  W A Y|
|      FACEBOOK      |      SLACK      ▀▀▀▀      WHITEPAPER      ▀▀▀▀      TWITTER      |      TELEGRAM      |
  ▄█
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November 25, 2014, 09:07:31 PM
 #266

Is the countdown timer not working for others also?

[url=https://bitcointalk.org/index.php?topic=73
barryzand
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November 25, 2014, 09:08:37 PM
 #267

Can i download a wallet somewhere...  Huh

I am enthusiastic about this coin.,  Grin


This coin offers anon send.
Is the Growchat also anon?


This will be added later on, as they are stated under GrowPlans as in roadmap.
Growchat will not be anon
 
A clear overview of the roadmap will be released tomorrow  Wink

Wallets will be available at launch time.

Is the countdown timer not working for others also?

Working fine here... It is set to 23:55 CET, about 1 hr and 50 min remaining
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November 25, 2014, 09:34:36 PM
 #268

Can i download a wallet somewhere...  Huh

I am enthusiastic about this coin.,  Grin


This coin offers anon send.
Is the Growchat also anon?


This will be added later on, as they are stated under GrowPlans as in roadmap.
Growchat will not be anon
 
A clear overview of the roadmap will be released tomorrow  Wink

Wallets will be available at launch time.


Oke thanks, i see it tomorrow in the morning  Smiley.



Do you have already a plan to bring this coin to the "growers"
You know even good as me that 90% of the people here are traders and shall never grow and i think you know where i talk about.

Ps: This post is no Fud i am curious if this coin and the team behind it have some potential plans for the growcoin community.
I see a lot of possibilities to do with this coin and the concept behind it. To bad i miss the ICO.






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 ▀▀█████▀▀▀███   █
██
    ███ █   █   █ ██
   ███   █   █ █   ███
  ████████   █████████
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            █▄▄▄█
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████    ▄
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████ ████
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████ ████
████ ████

████ ████
██▀  ████

    ████
     ███▀
     █▀
|A  G A M I N G  R E V O L U T I O N  I S  O N  T H E  W A Y|
|      FACEBOOK      |      SLACK      ▀▀▀▀      WHITEPAPER      ▀▀▀▀      TWITTER      |      TELEGRAM      |
  ▄█
▄███

████    ▄
████  ▄██

████ ████
████ ████

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████ ████

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barryzand
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November 25, 2014, 11:01:53 PM
 #269

We are launched!
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November 25, 2014, 11:03:57 PM
 #270

UP
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November 25, 2014, 11:07:26 PM
 #271

We are launched!

Aaaaand

https://grow.suprnova.cc

is up !

:-)

suprnova pools - reliable mining pools - #suprnova on freenet
https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
barryzand
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November 25, 2014, 11:13:14 PM
 #272

Okay very nice Smiley

I mined the premine 3 days ago, went to block ~56 to get it totally confirmed, Mined a test block to see if everything was still working a few hours ago. And it seems you guys were so fast with mining, I generated a stake with the ico of ~367 coins before I got the chance to encrypt my wallet lol  Cheesy

This means I have coins that were not planned from the start, these 451.44296689 total will be given away Wink
james42
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November 25, 2014, 11:14:25 PM
 #273

Nice and honest dev, good launch of the PoW
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November 25, 2014, 11:17:33 PM
 #274

Launched, nice!

How can we claim our investment?
barryzand
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November 25, 2014, 11:17:51 PM
 #275

version" : "v1.1.2.0-g",
"protocolversion" : 60013,
"walletversion" : 60000,
"balance" : 1000456.44296689,
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 171,
"timeoffset" : -1,
"moneysupply" : 1001812.44296689,
"connections" : 4,
"proxy" : "",
"difficulty" : {
"proof-of-work" : 39.79515303,
"proof-of-stake" : 0.00024414
},
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November 25, 2014, 11:18:40 PM
 #276

"version" : "v1.1.2.0-g",
"protocolversion" : 60013,
"walletversion" : 60000,
"balance" : 1000456.44296689,
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 171,
"timeoffset" : -1,
"moneysupply" : 1001812.44296689,
"connections" : 4,
"proxy" : "",
"difficulty" : {
"proof-of-work" : 39.79515303,
"proof-of-stake" : 0.00024414
},

Can I have those, please?

 Roll Eyes


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November 25, 2014, 11:29:31 PM
 #277

version" : "v1.1.2.0-g",
"protocolversion" : 60013,
"walletversion" : 60000,
"balance" : 1000456.44296689,
"newmint" : 0.00000000,
"stake" : 0.00000000,
"blocks" : 171,
"timeoffset" : -1,
"moneysupply" : 1001812.44296689,
"connections" : 4,
"proxy" : "",
"difficulty" : {
"proof-of-work" : 39.79515303,
"proof-of-stake" : 0.00024414
},

Excited to see my wallet GROW  Grin

Just pointed a few of my rigs at suprnova, 5,000 MH/s and climbing on the pool!

Glad I invested in ICO cause the hashrate is skyrocketing!
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November 25, 2014, 11:41:15 PM
 #278

http://grow.minerpools.com/ UP

Sorry for being so late guys Wink

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November 25, 2014, 11:47:22 PM
 #279

We're up, forgot to post the link in here! www.suchpool.pw/grow

Edit; spread some hashes, they are all on suprnova
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November 25, 2014, 11:49:30 PM
 #280

Cryptobe blockexplorer will be up within 24 hrs, looking for a second one atm.

I have taken a few days off from work, so I can focus entirely on finishing the webshop the following days  Smiley and of course some other stuff like promotion etc.  Wink

ICO coins will be sent out tomorrow when Placebo is awake (at least I think he is sleeping atm)
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