Topic: [AC] AsiaCoin | Pure PoS | 100% Interest - page 183. (Read 264588 times)
I think IRC channel sould be added also
Just updated the list at CryptoSteam.com.
Please PM me if you want to be added to the list.
Will be back in a few hours to add more people.
Please PM me if you want to be added to the list.
Will be back in a few hours to add more people.
new asia? another mistake
As it seems, some want to keep the interest rates like they were, and others, put them back down to classical interest rates, we could simply decide to cut them in 2.
1st year 50% instead of 100%
2nd year 25% ....
3rd year and+ 2,5% .....
Just an idea.
Thank you Micryon and Maestro1, and everybody else for the great job !
Best wishes
I've supported WC when it was down , doing the same with AC, and this project after revival will be a huge success attracting the entire community, "what doesn't kill you makes you stronger".. from my point of view.
I can't agree more . I will continue supporting AC as well.
I do believe it will take me with good profit.
@micryon
any donation-address? I'd like to send some satoshi to support you and the community.
any donation-address? I'd like to send some satoshi to support you and the community.
Working on getting one setup.. sorry been coding most of the day.
Donation accounts aren't safe on personal wallets.. so going to put it on blockchain.info wallet.
I agree. That's perfect
Okay BTC Donation wallet address setup, addr is : 1FjfP4pRgsjYPQUX5Uep9HMfFw6stsE9G3
Note: do not donate until Maestro has updated OP with instructions. Just put the address out there so you know it came from me.
I added the address to my contacts in my Electrum wallet. So I wait for Maestro. Sadly i'm investing a lot in GUN but I can start with a small donation of 0.1 bitcoin. Hopefully I will donate more and maybe others will follow me instead of buying cheap asiacoins just to dump them the day after your relaunch.
Very impressive AC community. Its good to see whitecoin survive and now you guys will likely survive too. The crypto world as a whole is pretty awesome.
To top it off, the new team is spearheaded by several Asians. Time for us to take things into our own hands. 
Very impressive AC community. Its good to see whitecoin survive and now you guys will likely survive too. The crypto world as a whole is pretty awesome.
Awesome, I like this idea, what a great community.
+1 for AC
I know there are a lot of moving parts for a project like this but if you can give any ETA for when it is done on the first page I think it would be great.
+1 for AC
I know there are a lot of moving parts for a project like this but if you can give any ETA for when it is done on the first page I think it would be great.
I've supported WC when it was down , doing the same with AC, and this project after revival will be a huge success attracting the entire community, "what doesn't kill you makes you stronger".. from my point of view.
shouldn't the PoS mining rewards remain intact. 100% interest first year is one of the few reasons why i bought AC.
Exactly, Fix the coin but preserve the original specifications.+1, 100% interest was one of the main reasons why I made an investment
shouldn't the PoS mining rewards remain intact. 100% interest first year is one of the few reasons why i bought AC.
Exactly, Fix the coin but preserve the original specifications.What I never liked of AC is that has a very high interest rate in the first year, And this will bring down its price in the medium and long term! With 5 % is OK! 
If you can change that too much better!
Already there are enough coins over with hidden premine sold!
If you can change that too much better!
Already there are enough coins over with hidden premine sold!
yes POS rewards *will* be adjusted via patch , and hard fork..
shouldn't the PoS mining rewards remain intact. 100% interest first year is one of the few reasons why i bought AC.
Exactly, Fix the coin but preserve the original specifications.
@micryon
any donation-address? I'd like to send some satoshi to support you and the community.
any donation-address? I'd like to send some satoshi to support you and the community.
Working on getting one setup.. sorry been coding most of the day.
Donation accounts aren't safe on personal wallets.. so going to put it on blockchain.info wallet.
I agree. That's perfect
Okay BTC Donation wallet address setup, addr is : 1FjfP4pRgsjYPQUX5Uep9HMfFw6stsE9G3
Note: do not donate until Maestro has updated OP with instructions. Just put the address out there so you know it came from me.
I'm not holding any btc at this moment. all gone to AC. Once AC is up, I'll donate some of them instead of BTC
Dear Community
Since we are doing a hard fork, and if other changes to the structure and ecosystem are required, it must be done now. We aimed to be completely transparent and this requires us to really listen to everyone about an important issue: How much should it stake in the first year?
Asia Coin was supposed to stake 100% during its first year, that is not possible due to the extra 30 million AC that was dumped from the premined block. However, we can still do a high value (basically 190 million -> 320 million). It is also possible to reduce staking to a significantly lower value.
So as a community, we need to decide what to do, and the issue is now up for debate. Please respectfully state your opinions (and reasoning/justification is obviously much better than just stating a number ).
I will agree with a reduction but not a drastic one. The reason AC captured high attention was due to the first year 100% stake interest and 2% 2nd year onwards. I personally feel that we can reduce the first year stake to 70% stake and subsequent years to 3-5% to beat inflation.Since we are doing a hard fork, and if other changes to the structure and ecosystem are required, it must be done now. We aimed to be completely transparent and this requires us to really listen to everyone about an important issue: How much should it stake in the first year?
Asia Coin was supposed to stake 100% during its first year, that is not possible due to the extra 30 million AC that was dumped from the premined block. However, we can still do a high value (basically 190 million -> 320 million). It is also possible to reduce staking to a significantly lower value.
So as a community, we need to decide what to do, and the issue is now up for debate. Please respectfully state your opinions (and reasoning/justification is obviously much better than just stating a number
).redo your calculation please, there were a total of 141million asiacoins, plus the 30 million premined coins
That will be ~87%
Thanks for redoing the calculation, I thought it was going to be disregard and we were going to have 50 million more coins in circulations than supposed too. 87% Doesnt sound bad for a coin that wasnt even worth air..... I will gladly accept 87% POS if the new dev fixes the coin. A small price to pay in my opinion .
May be I can help?
First Post has been updated with exchange information and donations.
Our aim is not to provide a chance for bagholders to dump, but to provide a long term future for Asia Coin as all of us believed in its future when we invested. I don't see any reason for people to dump, when the issue is patched and a responsible and transparent development team has taken over.
Please do not forget that Asia Coin was not a small coin that had some bag holders. We had over 1000 BTC trade volumes on many days at Mintpal.
I think alot of premine is already dumped on the market, if Community should work, not only bagholders should make something out of this, all bagholders here are only in it to gain the lost money, what about all bagholders come together and give the real Community a giveaway so much more pople can be in this, becouse the Community can't mine to gain anything in the end .. only to give the bagholders a chance to sell there lost money, otherwise I see no value in a rebirth other than for the bagholders to try gain what they lost with this, if others don't see that then they also will loose money to a coin that will die again.
So come up with ideas how we all should gain on this ? Otherwise stop talk about the Community, I only see a "Community" with alot of AC that they don't want to loose
So come up with ideas how we all should gain on this ? Otherwise stop talk about the Community, I only see a "Community" with alot of AC that they don't want to loose
Our aim is not to provide a chance for bagholders to dump, but to provide a long term future for Asia Coin as all of us believed in its future when we invested. I don't see any reason for people to dump, when the issue is patched and a responsible and transparent development team has taken over.
Please do not forget that Asia Coin was not a small coin that had some bag holders. We had over 1000 BTC trade volumes on many days at Mintpal.
Amazing news:
I was just contacted by the developer of Bter.com and he showed support that Bter.com will re-enable trades once the issue is patched. we have confirmation from two exchanges now that once we solve the problem, AC will be relisted.
I am very confident that Mintpal, Bittrex and Poloneix will also follow.
I was just contacted by the developer of Bter.com and he showed support that Bter.com will re-enable trades once the issue is patched. we have confirmation from two exchanges now that once we solve the problem, AC will be relisted.
I am very confident that Mintpal, Bittrex and Poloneix will also follow.
How was my message
btw im sure it will stay very stable at 1500sats easily I would be happy even 700 sat stable after all this. I'm going to hold tide o my coins i hope most off us do the same.
I buy AC at 0.00000001 btc @ C-Cex earlier.
Amazing news:
I was just contacted by the developer of Bter.com and he showed support that Bter.com will re-enable trades once the issue is patched. we have confirmation from two exchanges now that once we solve the problem, AC will be relisted.
I am very confident that Mintpal, Bittrex and Poloneix will also follow.
I was just contacted by the developer of Bter.com and he showed support that Bter.com will re-enable trades once the issue is patched. we have confirmation from two exchanges now that once we solve the problem, AC will be relisted.
I am very confident that Mintpal, Bittrex and Poloneix will also follow.
Great. Good Job Hero's of Asia Coin.
Amazing news:
I was just contacted by the developer of Bter.com and he showed support that Bter.com will re-enable trades once the issue is patched. we have confirmation from two exchanges now that once we solve the problem, AC will be relisted.
I am very confident that Mintpal, Bittrex and Poloneix will also follow.
I was just contacted by the developer of Bter.com and he showed support that Bter.com will re-enable trades once the issue is patched. we have confirmation from two exchanges now that once we solve the problem, AC will be relisted.
I am very confident that Mintpal, Bittrex and Poloneix will also follow.
How was my message
btw im sure it will stay very stable at 1500sats easily I would be happy even 700 sat stable after all this. I'm going to hold tide o my coins i hope most off us do the same.
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