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Author Topic: [ANN] CRAVE 1st POS Masternodes | Dark Assets | I2P | Market =Embrace The Dark=  (Read 826667 times)
hussar
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April 17, 2015, 08:01:21 PM
 #10621

So

right now

we can get 1 cravecoin=7.5 Blur?

or 1 cravecoin=5 Blur?

and what's the rate 10 days later or 20 days later or 30 days later?

will it change from 5:1 to 1:1?


Darkpool/Blur

underground colored coins and tor hidden service wallet

30 day burn period CRAVE->BLUR. 5 CRAVE to 1 BLUR



It's a base rate of 5 BLUR to 1 CRAVE.  There is a 50% bonus from day 0, that slides to 0% on day 30.  So it goes from 7.5 BLUR at the beginning with the bonus to 5 at the end.
Just incase anyone was still confused, BLUR can still be created after the 30 day period.

thank god for clearing that up. it makes no sense for a 30 day burn period.

yes my understanding was that the 30 days was for the bonus which was decreasing every day until stable at 5 Blur = 1 Crave

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trader19
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April 17, 2015, 08:02:02 PM
 #10622

So

right now

we can get 1 cravecoin=7.5 Blur?

or 1 cravecoin=5 Blur?

and what's the rate 10 days later or 20 days later or 30 days later?

will it change from 5:1 to 1:1?


Darkpool/Blur

underground colored coins and tor hidden service wallet

30 day burn period CRAVE->BLUR. 5 CRAVE to 1 BLUR



It's a base rate of 5 BLUR to 1 CRAVE.  There is a 50% bonus from day 0, that slides to 0% on day 30.  So it goes from 7.5 BLUR at the beginning with the bonus to 5 at the end.
Just incase anyone was still confused, BLUR can still be created after the 30 day period.
thanks for clarifying this, i guess i am lucky then that i early burned some and got really nice exchange rate 1 crave --> 6.45 BLUR  Grin so after 30 days exchange rate is 1 crave --> 5 BLUR permanently

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industrialcoinmagic (OP)
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April 17, 2015, 08:05:02 PM
 #10623

Guys that is incorrect.  You can't burn CRAVE for BLUR after the end of the burn period.  We could possibly fork darkpoold to push the burn period out further.
trader19
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April 17, 2015, 08:07:18 PM
 #10624

Guys that is incorrect.  You can't burn CRAVE for BLUR after the end of the burn period.  We could possibly fork darkpoold to push the burn period out further.
OMG thats amazing  Shocked Shocked Shocked leave it please at 30days "The early bird catches the worm" 

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striker7334 2.0
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April 17, 2015, 08:10:51 PM
 #10625

Exactly I took some out of trading just to catch that burn window  Wink, I call it a reward for those loyal to CRAVE early on!

hussar
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April 17, 2015, 08:12:08 PM
 #10626

ok then, let's leave it as is.  Smiley  how much time is left?

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trader19
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April 17, 2015, 08:15:21 PM
 #10627

ok then, let's leave it as is.  Smiley  how much time is left?
aprox 10days  Roll Eyes

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VeritasSapere
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April 17, 2015, 08:16:25 PM
 #10628

Guys that is incorrect.  You can't burn CRAVE for BLUR after the end of the burn period.  We could possibly fork darkpoold to push the burn period out further.
That seems a bit strange to me, if it is blur that is supposed to be used for the markets, this takes away from the value proposition of crave. I would think that we should be able to burn crave for blur at anytime. Since this would mean people are expected to burn their crave in the first month of such a speculative project, considering that we can not even sell blur at this point, this is almost the same as burning money, we can not expect people to do this, it does not make sense for the long term or the present. I will say it here, I think we should be able to burn CRAVE for BLUR for the entire lifetime of this coin.
tkon3
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April 17, 2015, 08:20:41 PM
 #10629

See blur as a bet.  Cheesy
jasemoney
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Forget-about-it


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April 17, 2015, 08:27:46 PM
 #10630

ok .. question is .. how do i burn it ?
use search its answered every single page for 300 pages, its complicated, community members have been helping out.

$MAID & $BTC other than that some short hodls and some long held garbage.
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April 17, 2015, 08:28:25 PM
 #10631

So

right now

we can get 1 cravecoin=7.5 Blur?

or 1 cravecoin=5 Blur?

and what's the rate 10 days later or 20 days later or 30 days later?

will it change from 5:1 to 1:1?


Darkpool/Blur

underground colored coins and tor hidden service wallet

30 day burn period CRAVE->BLUR. 5 CRAVE to 1 BLUR



It's a base rate of 5 BLUR to 1 CRAVE.  There is a 50% bonus from day 0, that slides to 0% on day 30.  So it goes from 7.5 BLUR at the beginning with the bonus to 5 at the end.
Just incase anyone was still confused, BLUR can still be created after the 30 day period.

thank god for clearing that up. it makes no sense for a 30 day burn period.

yes my understanding was that the 30 days was for the bonus which was decreasing every day until stable at 5 Blur = 1 Crave

Guys that is incorrect.  You can't burn CRAVE for BLUR after the end of the burn period.  We could possibly fork darkpoold to push the burn period out further.

I tore apart the darkpoold code yesterday man you guys cant remember shit.
please view https://bitcointalk.org/index.php?topic=997356.msg11106681#msg11106681

https://github.com/industrialcoinmagic/darkpoold/blob/master/lib/config.py#L78
Quote
"BURN_END_MAINNET = BURN_START_MAINNET + 30*24*60    # 30 days burn period with 1 min target time per block."

BURN MAINNET ENDS 30 days (43200 blocks) after BURN MAINNET BEGINS (block 17000)
BURN ENDS BLOCK 60200

$MAID & $BTC other than that some short hodls and some long held garbage.
VeritasSapere
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April 17, 2015, 08:29:10 PM
 #10632

I can take this even further, if you can not burn crave for blur, what value does crave itself have to the dark markets? The answer to that question is none, crave would have no value to the darkmarkets under this scenario. This in my opinion is a severe problem to the long term viability of this coin. I hope you reconsider this issue ICM.

Edit.. I have been corrected
goblynn
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April 17, 2015, 08:30:40 PM
 #10633

Guys that is incorrect.  You can't burn CRAVE for BLUR after the end of the burn period.  We could possibly fork darkpoold to push the burn period out further.
That seems a bit strange to me, if it is blur that is supposed to be used for the markets, this takes away from the value proposition of crave. I would think that we should be able to burn crave for blur at anytime. Since this would mean people are expected to burn their crave in the first month of such a speculative project, considering that we can not even sell blur at this point, this is almost the same as burning money, we can not expect people to do this, it does not make sense for the long term or the present. I will say it here, I think we should be able to burn CRAVE for BLUR for the entire lifetime of this coin.

you are incorrect...crave will be used as the currency on the markets..blur is just an asset

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VeritasSapere
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April 17, 2015, 08:32:14 PM
 #10634

Guys that is incorrect.  You can't burn CRAVE for BLUR after the end of the burn period.  We could possibly fork darkpoold to push the burn period out further.
That seems a bit strange to me, if it is blur that is supposed to be used for the markets, this takes away from the value proposition of crave. I would think that we should be able to burn crave for blur at anytime. Since this would mean people are expected to burn their crave in the first month of such a speculative project, considering that we can not even sell blur at this point, this is almost the same as burning money, we can not expect people to do this, it does not make sense for the long term or the present. I will say it here, I think we should be able to burn CRAVE for BLUR for the entire lifetime of this coin.
you are incorrect...crave will be used as the currency on the markets..blur is just an asset
I see, that does make more sense. I guess now i do not entirely understand the purpose of BLUR lol
goblynn
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April 17, 2015, 08:33:18 PM
 #10635

Guys that is incorrect.  You can't burn CRAVE for BLUR after the end of the burn period.  We could possibly fork darkpoold to push the burn period out further.
That seems a bit strange to me, if it is blur that is supposed to be used for the markets, this takes away from the value proposition of crave. I would think that we should be able to burn crave for blur at anytime. Since this would mean people are expected to burn their crave in the first month of such a speculative project, considering that we can not even sell blur at this point, this is almost the same as burning money, we can not expect people to do this, it does not make sense for the long term or the present. I will say it here, I think we should be able to burn CRAVE for BLUR for the entire lifetime of this coin.
you are incorrect...crave will be used as the currency on the markets..blur is just an asset
I see, that does make more sense. I guess now i do not entirely understand the purpose of BLUR lol

blur can be used to create assets say if you were going to start a market but didnt have all the funds..you could get investors to help fund the 10k crave..and issue shares to the investors

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solid12345
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April 17, 2015, 08:33:55 PM
 #10636


I see, that does make more sense. I guess now i do not entirely understand the purpose of BLUR lol

Think of Blur as almost like a digital stock, except you use it to invest in digital assets, an example being say I open up a market and you want to own a piece of my market you can buy Blur and invest in it for a portion of the profits.
EmilioMann
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April 17, 2015, 08:34:10 PM
 #10637

I can take this even further, if you can not burn crave for blur, what value does crave itself have to the dark markets? The answer to that question is none, crave would have no value to the darkmarkets under this scenario. This in my opinion is a severe problem to the long term viability of this coin. I hope you reconsider this issue ICM.

I think the crave value will be to create markets and master nodes.
How much an anon darkmarket stayed in a blockchain?
cecilbdemented
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April 17, 2015, 08:35:26 PM
 #10638

why the mac wallet not work??
 Sad

It is compiled from an older release. it needs to be done again. and wont work currently
Open invite to community to build another, I tried last night for 4 hours but have no clue what im doing and was unsucessful.

I've compiled a lot of Mac wallets.  I'll try and take a look at it tonight if I can.
VeritasSapere
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April 17, 2015, 08:38:47 PM
 #10639

Guys that is incorrect.  You can't burn CRAVE for BLUR after the end of the burn period.  We could possibly fork darkpoold to push the burn period out further.
That seems a bit strange to me, if it is blur that is supposed to be used for the markets, this takes away from the value proposition of crave. I would think that we should be able to burn crave for blur at anytime. Since this would mean people are expected to burn their crave in the first month of such a speculative project, considering that we can not even sell blur at this point, this is almost the same as burning money, we can not expect people to do this, it does not make sense for the long term or the present. I will say it here, I think we should be able to burn CRAVE for BLUR for the entire lifetime of this coin.
you are incorrect...crave will be used as the currency on the markets..blur is just an asset
I see, that does make more sense. I guess now i do not entirely understand the purpose of BLUR lol
blur can be used to create assets say if you were going to start a market but didnt have all the funds..you could get investors to help fund the 10k crave..and issue shares to the investors
I see, thanks for clearing that up for me. I still think we should be able to burn crave at anytime, though its not as big of a deal as i thought it was. Now that we are on the subject of long term viability i have another question/concern. Every year there is a 50% reduction in block reward if i understand it correctly, however i was wondering at what point does this stop, in my opinion this reduction should cease when we reach 2.5% yearly inflation. Since if it goes below that point there might not be enough incentive for the masternode network to continue operating.
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April 17, 2015, 08:39:29 PM
 #10640

Hi, I see you guys fighting over blur.. am I needed again? lol Roll Eyes

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