Topic: [ANN] Androids Tokens v2.0 [Proof of Stake] - page 48. (Read 115869 times)

Please don't tell lies. I have done work for ADT twice now. I have helped RPC, TEK, GLB, and a few others.  Some for free, and some I have received payment, although I never asked for a penny.

I did give you advice on your ADTv2 to increase not only the PoS interest (slightly) but more importantly to speed up the process. You said No. I listened, and told ahmed you were making a mistake.

I get no less then 10+ PMs a week asking for help with their coins, or creating one for them, ect. I can't do this. So my main response is no, sorry.

I am still at a complete loss, how anyone, and there are many out there, can be an admin of a C++, Crypto Currency, and not be able to code? What exactly are you doing? 

Anyway Zach I wish you no ill will. But please don't drag my name through the mud because you are having troubles.

Good luck!

40% a month X 12 months compounded is over 5000% so I would advise people to stay away from that coin !



if you all want to turn ADT into a pump and dump I would suggest you find someone else to run the coin as I am not going to be involved in that   

most of the big ADT holders don't want it to be more than 12% a year and there the guys that would benefit the most from that

The USD value of ADT is very close to what it was before BTC went up 500% so its only gone down relative to BTC

I can understand why you want it to be crazy high as It will make you all more money short term but longer term it will just crash the price


The last couple of days I have been trying to work out what can be done to keep the most amount of users happy as there is a huge amount of variance in what the users want from ADT so I think everyone is going to need to compromise a bit what I am suggesting is not set in stone YET so it can be changed if there is a valid reason to do so

12% Proof of Stake a year ( 24 x 15 days x 0.5% ) making the maximum Proof of Stake inflation just over 9,000,000,000 more coins over the next 12 months

1000 Proof of Work coins per block 1 POW block every 60s making 525,600 POW blocks a year with a total of 525,000,000 coins a year

The problem is that ADT is in competition with other POS coins that pay out a far higher amount meaning people would rather hold a pump and dump coin as they could make more money from that

If ADT had a huge amount of POS it would bring lots of people to ADT as they would want to make the most amount of money possible but that wouldn't last for long as the amount of coins on the market would cause the price to drop faster than people could buy them

There is a lot to be learned from coins like cent that have had crazy POS settings and one of those things is that the price will stay up for a while but eventually it will be worth nothing due to over saturating the market with coins

If ADT is going to be used as an online currency for buying and selling online / virtual goods / apps / stuff like that it cannot have a crazy amount of inflation

There is also a good chance to do what craft coin is meant to do as a virtual currency that can be used across multiple games and operating systems is something that would be a game changer for any crypto that manages to do it

craft coin has limited it self by sticking to minecraft and that is one of the things that is holding back its adoption

ADT is not just for 1 thing it can be used for anything or everything its not store of value like BTC its a currency not a piece of GOLD !

There is no limits to what ADT can be used for you get all these coins marketing themselves as the currency for x place or x thing that's just crazy crypto is meant to be nearly limitless on what and who can use it

so much has been lost because of all the people that are here just to make money of other people I can see why satoshi nakamoto decided to leave

at one point I got so much abuse from people that I was considering what to do with my coins if I decided to leave ADT

fortunately for everyone involved I stick with things threw the good and the bad I can understand why jag didn't want to be part of a sinking ship but i don't think he realised that him thinking it was a sinking ship made it sink more that it should have

i have people calling me a scammer all the time because they made the choice to buy ADT i never forced them to buy it they did it under there own free will

if i was a scammer i would just have made my own pump and dump coin not take over the mess that was ADT !

1 way or another ADT will do well and it will always be around

its nice to see more people on the ADT forum making good posts

sorry for the long post tat probably dosent make 100% sense i have tried to compress everything into the smallest amount possible

Very good argument here.

hate to break it to you, but 5% a year is shit. ADT is not a government bond, or a REIT. Its not a fiat currency. Its magical internet money. I won't risk holding ADT for 5% a year, when it can drop 50% in a day. I really wish you heeded my advice when I suggested a higher interest.

The network doesn't stay at high interest forever, it adjust the interest rate to stay inline with the amount of coins that need to be minted. If you are worried about ADT being worth nothing in the future, mate you should be worried about it not being worth much now.

Look at TEKcoin. 40% interest per MONTH. People have wet dreams about being able to buy even 1000 TEK. I can put a 10000 TEK sell wall and the market will eat that block of coins up like a fat kid on a birthday cake.

Once I knew you wouldn't budge, I dumped all my ADT at 50 latoshi. Only business nothing personal.

lmao, I love this guy.

I suggested that the PoS rate on ADT be increased. I was ignored. I dumped my coins at 50 latoshi.

High interest doesn't result in dumping because you need to hoard coins to generate new coins. I have proven this with my journal. I don't know why zack has been stubborn about raising the PoS rate.

high interest = more volatility = more interest from traders and investors = ADT to the moon.

at 1% a year or whatever chump interest ADT has, doesn't give anyone ANY REASON TO HOLD THIS COIN.

ADT was supposed to have more than 66 billion coins anyways. ADT will remain a zombie coin unless you give people a reason to buy. If you want to attract new money to the coin, RAISE THE INTEREST RATE. I don't mean something retarded like 10 or 20 percent. I mean something with real juice like 50 or even 100 percent.

Look at the DMD scam devs, they backed up the truck, raised the interest rate to 50 percent and DMD is now trading over 100000 satoshi.

Keep the interest low and ADT will forever be a forgotten zombie coin. Zack should listen to people who know and who have risked BTC to prove their point.

Read my HBN Journal to learn more. All I ask that if you do raise the interest rate, to send me a PM before you go public so I can back up the truck, its the least you can do for helping all the ADT bagholders become rich.

tokyoghetto.

What is the problem with adt? is dying?
I think that if you could change the reward to mine again,
more people would be interested in this coin
adt also requires an exchange as btc38 , that would give more popularity.

if it is a hdd you can just take the metal disks out and put them in another hdd that is the same and it will work fine 99% of the time so the coins are probably not lost

Is  this coin is dead

I have lost more than 0.5B ADT today, becuase of the hard disk error. I have not backup it becuase this is my temp Wallet, and I never think the hard disk will crash. those ADT lost forever.

voting is a very good idea if it can be done in a fair way that dosent give a huge advantage to 1 group of people over another and is not able to be manipulated

I will be doing more votes once I have a way of stopping people manipulating the votes like someone tried to do on the one for the POS % 

I would encourage anyone that wants to make a suggestion to start a topic over on the adt forum and it will be discussed properly

At this time its important that ADT is made stable and the POS reward is upped to whatever the vote says at the time it is coded as that will get ADT back up and running 100% after that is done we can move on to other changes

if there were more people willing to join in on the development it would help speed things up !

if people pop over to the ADT forum they will see that there are bounties for ideas that are used


if someone thinks they can run ADT better they are welcome to join the dev team and if the comunaty decides they can then take my place it is not a dictatorship I do try and balance what the users want with what's best for the coin ( people demanding 100% stake a year have to remember that if it was changed to that there would be over double the coins in circulation in 1 years time  )

That's great news. On the suggestion front I do agree that all I see on here is conflicting suggestions and opinions.
While most probably Zack is not agreeing to most suggestions after all it's his coin now and in HIS opinion he is doing what he believes is the best for us and the coin itself. HOWEVER there could be a missed opportunity here and there simply by him rejecting good ideas. So I support him for what he does but perhaps these ideas could be discussed more openly so WE can add our opinion on suggestions so that way there is not one person to blame?

We mostly agree that if ADT is technically right it has a future.

Perhaps voting on new ideas guys would calm some nerves and perhaps bring all of us together so we could all benefit instead of arguing???


Think about it for a second.

a lot of the ADT patch was competed last night but unfortunately it wasn't 100% done ( coders were up until 2.30 am there time and I was upuntill past 8AM my time

work should continue on the patch tonight

just a heads up that i wont be around much during today as i have been up most of the night getting this patch sorted + some other stuff ready for when its sorted

muddafudda is full of hot air there are people that he has annoyed that want col dead and i am not going to get involved in that as it just gives him an excuse to hate ADT even more and gives the people that want col dead an excuse to kill ADT as well

mullick is going to be finishing up the code tonight with a few changes that should help a lot

please make sure you vote for the stake % that you want as currently averaging the votes makes 7.6% stake a year > http://www.the-adt-forum.com/index.php?topic=1002.msg1525#new

i will be making a post sometime tonight detailing the changes that are in the patch

i will be on www.the-adt-forum.com chatbox for the next few h so anyone with questions can get a fast response

heh adt is being killed so i really understand how you're losing anything there. muddafudda has adt on his horizon

i removed my self from the the col forum for 2 reasons

1 i don't agree with what you guys are doing and don't like the fact you keep mushing me to go the same root you are

2 i am not risking ADT being killed just for helping you guys out

Well I made alot of suggestions on many occasions but for the most part was met with a large amount of resistance or outright rejection. You want help but then delete yourself from the Col forums because I made suggestions and you got your back up over it and storm off in a huff. I am certainly far less inclined to ever help unless you made a big change in the way you take ideas on board but I can't see that happening.

If you want more help from people you should listen to what they have to say, take all the ideas in and how they each one potentially work, the cause and effects of it, then tweak it bit by bit and lodge each proposal into an editable piece to work on. You can do this for multiple proposals and then take all the best pieces and merge them all into an even better proposal, when everyone is happy with it then you implement it.

http://i63.photobucket.com/albums/h160/wesquibel2/dsafsf.png

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some of the people that bring the ideas up here have discussed it at length with me but when i say that it not a feasible idea and speed loads of my time telling them why they then bring it onto this thread to try and get people to force me to do it


if people have a good argument for making the stake crazy high other than the fact it will make them a crazy amount of money / pump the price so they can dump
pop over to the ADT forum chatbox or make a post and we can talk about it