Topic: [ANN] BITTUBE | NOW LIVE | NO PREMINE | NO ICO | FIRST AIRTIME MEDIA PLAYER - page 70. (Read 79859 times)
February 20, 2018, 12:19:35 AM
Pure salt in this thread lmao, just accept that you were late for the good blocks
February 20, 2018, 12:08:50 AM
hexagram, they should sell them back to the dev team cheap, not to you or me
February 19, 2018, 11:59:43 PM
Any expectation about start value?
February 19, 2018, 07:43:29 PM
While I somewhat agree with you jimlite that the first block was a bad block or whatever they want to call it, I also wasn't there and missed out on this good / bad block. But the devs decided not to fork and not to roll back and not to do anything else about this so if we want to be in this project then we have to live with it. I'm spending around $30 a day now mining merely 330 coins so my average is around $0.09 / coin. Buying those cheap coins from the early miners would be a dream to me but that wouldn't be justifiable now would it? Who am I (or you) to take these coins from them at $0.01? Yes maybe they don't deserve it but they have it. Why would they sell them to us cheap? And what makes people so sure that they would dump?
A solution I can propose to those who claim to care about this project is to collectively set a buy wall at $0.10 on launch so that we can absorb the dump if they so choose to dump their cheap coins, whoever they may be.
A solution I can propose to those who claim to care about this project is to collectively set a buy wall at $0.10 on launch so that we can absorb the dump if they so choose to dump their cheap coins, whoever they may be.
February 19, 2018, 05:47:12 PM
funny all these salty guys who missed the good blocks
take you 0,01$ offer and stick it in your ass
take you 0,01$ offer and stick it in your ass
By "the good blocks", what you really mean to say is the "bad blocks" or "erroneously generated blocks" or "the 10k block rewards that the dev wanted 500 coin block reward". No one is salty, just smart and wanted the right thing done. If I was the dev (or most devs) would have re-launched or at least forked your first days erroneous blocks off the chain. They are instead doing the next best thing and trying to buy those coins back at that price. If you aren't part of the solution you are part of the problem.
February 19, 2018, 02:01:49 PM
funny all these salty guys who missed the good blocks
take you 0,01$ offer and stick it in your ass
take you 0,01$ offer and stick it in your ass
February 19, 2018, 07:36:31 AM
NOTE TO DEVS:
I have been a coach to devs and on teams to get pools, exchanges, miners, and investors for a few years now. I have seen problems with launches like this had, with the first day of 10K block rewards and now 470 per block. I have solved scenarios worse than this, but it takes effort from the dev team. I'll explain why this isn't a pre-mine, and sorta an insta-mine, but more importantly why does it matter and how to fix it. I recently solved a problem with a coin that had a 10% premine and it is doing VERY well now after my suggestions.
The problem we have here is NOT that the devs have the 1.6% of the supply from the bad 10k blocks. That is the situation we WANT. If the devs had the 1.6% supply, they would be in good strong hands, used for bounties, advertising, paying to get on Cryptopia and Bittrex, ect. The BIG problem we have is how much of that 1.6% is in regular early miners hands? Because THOSE GUYS are going to dump it to shit as soon as there is an exchange and ruin this otherwise good project.
So what is my solution (and this is from 5 years experience solving these issues, and usually for a bounty if dev is kind enough)? The dev/team should contact or post to find out who these rich list wallets belong to. If they are not on the team, then they are the early miners. Then the dev team should offer to buy all of their coins, or leave them with about 10% and buy the other 90% for safe keeping and business uses.
I will also offer to any of these early miners to purchase some coins from them OTC for the initially proposed 1 cent/coin or 125 satoshi/coin. Between the devs and myself removing most of the insanely cheap coins produced the first day from the 10k blocks, that would go a long way to solve this problem and any grievences about it. If any of the early miners would like to take me up on the offer, just PM me here, or better yet on twitter @CRYPT0N1TE (the 0 is a zero and the 1 is a one). I have done countless deals like this and escrows in the past, and have many people on this forum, twitter, and other devs that can vouch for me and my history of solving these kinds of issues for them with a very positive outcome for all.
I have been a coach to devs and on teams to get pools, exchanges, miners, and investors for a few years now. I have seen problems with launches like this had, with the first day of 10K block rewards and now 470 per block. I have solved scenarios worse than this, but it takes effort from the dev team. I'll explain why this isn't a pre-mine, and sorta an insta-mine, but more importantly why does it matter and how to fix it. I recently solved a problem with a coin that had a 10% premine and it is doing VERY well now after my suggestions.
The problem we have here is NOT that the devs have the 1.6% of the supply from the bad 10k blocks. That is the situation we WANT. If the devs had the 1.6% supply, they would be in good strong hands, used for bounties, advertising, paying to get on Cryptopia and Bittrex, ect. The BIG problem we have is how much of that 1.6% is in regular early miners hands? Because THOSE GUYS are going to dump it to shit as soon as there is an exchange and ruin this otherwise good project.
So what is my solution (and this is from 5 years experience solving these issues, and usually for a bounty if dev is kind enough)? The dev/team should contact or post to find out who these rich list wallets belong to. If they are not on the team, then they are the early miners. Then the dev team should offer to buy all of their coins, or leave them with about 10% and buy the other 90% for safe keeping and business uses.
I will also offer to any of these early miners to purchase some coins from them OTC for the initially proposed 1 cent/coin or 125 satoshi/coin. Between the devs and myself removing most of the insanely cheap coins produced the first day from the 10k blocks, that would go a long way to solve this problem and any grievences about it. If any of the early miners would like to take me up on the offer, just PM me here, or better yet on twitter @CRYPT0N1TE (the 0 is a zero and the 1 is a one). I have done countless deals like this and escrows in the past, and have many people on this forum, twitter, and other devs that can vouch for me and my history of solving these kinds of issues for them with a very positive outcome for all.
I can vouch for jimlite / @CRYPT0N1TE and extend the same buy offer to richlist early miners.
I also extend the buy offer to the early miners. PM ME - escrow required.
February 19, 2018, 05:40:34 AM
A constructive thought for the Devs: have you given any consideration to expanding the platform to include music (without videos) and Podcasts? I see huge potential there for up and coming artists / broadcasters to earn revenue from their work without relying on ads. I could see that as a very big potential market for the platform.
Another would be esport streaming. Because for pro and not so pro gamers who are streaming, they are also looking for revenue from the viewers. This could open up a whole new area for both parties. *every gamer has gpu :p*
February 19, 2018, 02:09:49 AM
A constructive thought for the Devs: have you given any consideration to expanding the platform to include music (without videos) and Podcasts? I see huge potential there for up and coming artists / broadcasters to earn revenue from their work without relying on ads. I could see that as a very big potential market for the platform.
February 18, 2018, 11:46:36 PM
I also care about the project mostly because it is rare to have a new small guy gpu mineable coin these days. Crypto is filled with stupid ETH ICO tokens and a bunch of b.s. I like coins that are POW gpu mined like the old days. I also like the concept which is kinda like what Kimdotcom keeps spouting off he is going to do, but never happens. So yes, I would like to see more fairly launched mineable coins. I sure hope this is one of them, like DNR was, but no one really knows till the exchange, because there were a lot of coins produced cheaply and by an honest mistake. I decided I will mine a little because we are only 3 days away from the exchange and worst case scenario I lose 3 days of electric costs, best case scenario those extra coins get held for a long time and then diluted out and the price makes it worth mining and supporting the project. It will be interesting to see how it unfolds, because I really like the project, just don't like what happened the first day of mining.
And as far as the guy saying everyone wants to "cheat him out of his cheap coins", they were never meant to be your cheap coins. The block rewards for the first day were an error and at 10,000 instead of 500. Why is it so hard to understand that everyone who mined on the first day was not mining the block rewards as intended by the dev, they were erroneously getting 20X the rewards. Everyone mining since that was fixed on the second day is getting there just block rewards, fairly, and not cheap. Guys who mined all those coins the first day are basically saying, "Ha Hah, there was an error and I don't care what the dev wants or what's best for the project and community. I am just gonna dump most of them for big profit and then hodl some just in case." Well, if I was the dev, I would have forked that first day right out or re-launched. Mistakes happen, be part of the solution people, not part of the problem.
And as far as the guy saying everyone wants to "cheat him out of his cheap coins", they were never meant to be your cheap coins. The block rewards for the first day were an error and at 10,000 instead of 500. Why is it so hard to understand that everyone who mined on the first day was not mining the block rewards as intended by the dev, they were erroneously getting 20X the rewards. Everyone mining since that was fixed on the second day is getting there just block rewards, fairly, and not cheap. Guys who mined all those coins the first day are basically saying, "Ha Hah, there was an error and I don't care what the dev wants or what's best for the project and community. I am just gonna dump most of them for big profit and then hodl some just in case." Well, if I was the dev, I would have forked that first day right out or re-launched. Mistakes happen, be part of the solution people, not part of the problem.
February 18, 2018, 10:26:31 PM
Everyone so worried about those 10,000 / block coins and wanting to buy them cheap from the miners should stop whining and simply set a thick ass buy wall at $0.10 when IPBC launches on Livecoin. I just started mining a few days ago but had I started since the first block why would I sell my coins to you for $0.01 when I could sell it for $0.10 later? Makes me think you want to cheat me out of my cheap coins, so don't trick people into thinking you actually care about the project.
Well... I do care about this project and I'm unhappy with the 10k blocks, what you gonna say now?
February 18, 2018, 09:09:37 PM
Everyone so worried about those 10,000 / block coins and wanting to buy them cheap from the miners should stop whining and simply set a thick ass buy wall at $0.10 when IPBC launches on Livecoin. I just started mining a few days ago but had I started since the first block why would I sell my coins to you for $0.01 when I could sell it for $0.10 later? Makes me think you want to cheat me out of my cheap coins, so don't trick people into thinking you actually care about the project.
February 18, 2018, 11:28:59 AM
Mike6000, It depends. For someone like me that pays high electric prices or would have to pay high prices to rent a rig or hash, I think waiting to see the price on exchange next week makes sense because you could easily be mining at a loss. And no it won't take 6 months to know this, a few days to weeks to get price discovery and a somewhat stable coin price and mining net hash so you know where you are. Now if you have cheap or free electricity and like speculative mining on new coins, by all means go ahead. The other question to ask yourself is would you be better off mining ETH, VERT, or ZEC and selling it for btc and then later buying IPBC. There is no right answer for everyone, and since the coin is brand new it is a gamble for everyone except the first day miners obviously, which was my main initial concern. Since then I am getting the feeling that the devs admitted this block reward error, didn't want to re-launch or cause chaos for 1 day of 20X mining, and is listening to the community and trying to do the right thing. Everyone just wants those initial 1-1.6% of the coins bought by the dev or diluted out, some were, but the diluted out part is what I assume you mean when you say it will take 6 months. Well it gets diluted more every day, so it will be fairly diluted before six months and very diluted afterwards.
February 18, 2018, 06:58:37 AM
So the suggestion is "don't mine and not buy these coins". Only check them out after hitting the market for at least 6 months, waiting a period to see what will happen for their dilution of those inta-mined coins.
February 17, 2018, 05:09:15 PM
Yeah cryptonote doesn't have rich list in block explorer so much harder to do, but some of the first days big miners addresses were showing at the pools and some of the big buyers/miners traded thru escrow or with devs. When guys are saying WTS 200,000 IPBC and they do, then you kinda know who is the rich list people and devs can PM them for trades, which I assume is how they bought back some coins. But true, rich list is not the term I should use with cryptonote coins, I am just used to saying it.
February 17, 2018, 05:07:43 PM
fortunately there were not so many pool operators in the first 24 hours apart from us, so due to demand from miners in telegram discord etc. we could ask some people.
February 17, 2018, 04:42:36 PM
Looks like dev made an effort to try and buy back some from the first day rich list guys. They recovered a portion of the coins, which showed good faith. The other sellers did not want to sell them, but they are getting diluted out more and more each day and by the time exchange comes they will either dump and then market will set the price or they will hodl. In either case a 23 hour mining issue of 20X block rewards will become less and less important. Once those coins are diluted more I will see if mining or buying on exhange at low price seems smarter.
You keep mentioning this rich list. Where is it? How does it enable the Devs to contact people?
Please maybe someone could show us a richlist for Monero , Aeon or ByteCoin... anonymity algo?
This is impossible, they only way is to get in touch with PO (or own pools) to get the wallet addresses and try to find some of them.Exactly my point which is why I'm very curious to hear an explanation from "jimlite" about how there a rich list that the Devs apparently used to contact people. 1) You cannot create a rich list for CryptoNote coins and 2) to the best of my knowledge none of the IPBC pools require registration of any kind. Even if they did, I can't imagine that the pool owners would simply hand over contact information on request. Not if they wanted to be taken seriously by miners of privacy focused coins ever again.
February 17, 2018, 04:16:20 PM
Looks like dev made an effort to try and buy back some from the first day rich list guys. They recovered a portion of the coins, which showed good faith. The other sellers did not want to sell them, but they are getting diluted out more and more each day and by the time exchange comes they will either dump and then market will set the price or they will hodl. In either case a 23 hour mining issue of 20X block rewards will become less and less important. Once those coins are diluted more I will see if mining or buying on exhange at low price seems smarter.
You keep mentioning this rich list. Where is it? How does it enable the Devs to contact people?
Please maybe someone could show us a richlist for Monero , Aeon or ByteCoin... anonymity algo?
This is impossible, they only way is to get in touch with PO (or own pools) to get the wallet addresses and try to find some of them. February 17, 2018, 04:14:44 PM
You keep mentioning this rich list. Where is it? How does it enable the Devs to contact people?
Maybe if you mine on a pool, your address and the payouts can be seen in the logs. If you have also registered with email, you could be contacted
February 17, 2018, 03:39:44 PM
Looks like dev made an effort to try and buy back some from the first day rich list guys. They recovered a portion of the coins, which showed good faith. The other sellers did not want to sell them, but they are getting diluted out more and more each day and by the time exchange comes they will either dump and then market will set the price or they will hodl. In either case a 23 hour mining issue of 20X block rewards will become less and less important. Once those coins are diluted more I will see if mining or buying on exhange at low price seems smarter.
You keep mentioning this rich list. Where is it? How does it enable the Devs to contact people?
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