I guess that is how most coins are working? Most of cryptocurrency might also be described at as a long-con Ponzi.
Even bitcoin itself - for those who dumped their bitcoins at 1000 USD a piece - they are laughing now, already for 17 months, a very long laughter.
Topic: [ANN] [COV] Coven [33k Coins/3%POS] - page 8. (Read 32563 times)
...
That basically means some developer to work on COV until it hits those targets, dump it and game over.
...
0.00017950 = last price
to 0.00050000 only 0.0762 BTC necessary
to 0.00075000 only 0.7571 BTC necessary
to 0.00100000 only 1.9960 BTC necessary
(beta.bittrex is offline, cannot look further up now)
...
So the 1860 COV are worth:
0.33 BTC at last price
0.93 BTC at 50k Satoshi
1.86 BTC at 100k Satoshi --> ~440 dollars
0.00017950 = last price
to 0.00050000 only 0.0762 BTC necessary
to 0.00075000 only 0.7571 BTC necessary
to 0.00100000 only 1.9960 BTC necessary
(beta.bittrex is offline, cannot look further up now)
...
So the 1860 COV are worth:
0.33 BTC at last price
0.93 BTC at 50k Satoshi
1.86 BTC at 100k Satoshi --> ~440 dollars
Addendum:
Last Price just jumped to 0.00051805 BTC
* 1860 = 0.96 BTC
= more than some coindevs are asking for the coindevelopment of a whole new coin...
Takeover Crowdsourced Bounty Status:
I'll give 100-200 as well...
Raised. See below.
I will donate for redevelopment
Specified, see below.
I will donate 200 but tell me where and who will search for new dev
Raised. See below.
100+60+150+500+500+500+50 = 1860 COV
Who else?
(sorry if I have overlooked you. If you want to appear here, please say a number, COV or BTC)
Sell Order book right now:
0.00017950 = last price
to 0.00050000 only 0.0762 BTC necessary
to 0.00075000 only 0.7571 BTC necessary
to 0.00100000 only 1.9960 BTC necessary
(beta.bittrex is offline, cannot look further up now)
So the 1860 COV are worth:
0.33 BTC at last price
0.93 BTC at 50k Satoshi
1.86 BTC at 100k Satoshi --> ~440 dollars
An almost guaranteed 440 dollars -if timed well probably rather 1000 dollars, or more- for saving a coin that has two exchanges, and a few more advantages ...
... is a lot of money.
Competent CoinDevs, come flocking to us - and present us your track record, please.
Well, I already gave up about 200 coins. Will send another 200 or 300 to someone who decide to take it over.
Raised, see below.I will donate 100 cov for redevelopment
I pledge another 60 COV... to the next Dev.
just so you have a figure I will donate 150
I am sure there is a dev out there that would take this on. I will ask around and see if I can find one.
I floated the takeover idea to a couple people who I think could do it. It's a slim chance, but a chance nonetheless....
I raise my donation to 500 coins. 
I offered 500 COV personally...
... i'm preppare donate 500 COV! to new dev and takeover cov coin ...
I leave my Coven wallet running 24/7 to improve the network. Donations welcome: CTUya6iLHToR8EVNWqdZVQ1oc2P6CSX1PN
Very cool. Even though I am somewhat responsible for this, I want to apologize. I am handing over everything (accounts) to the dev you guys select. Sorry guys. But you guys can make it work.. come on now, its crypto!
Here I will give 50 cov........to takeover..
100+60+150+500+500+500+50 = 1860 COV
Who else?
(sorry if I have overlooked you. If you want to appear here, please say a number, COV or BTC)
Sell Order book right now:
0.00017950 = last price
to 0.00050000 only 0.0762 BTC necessary
to 0.00075000 only 0.7571 BTC necessary
to 0.00100000 only 1.9960 BTC necessary
(beta.bittrex is offline, cannot look further up now)
So the 1860 COV are worth:
0.33 BTC at last price
0.93 BTC at 50k Satoshi
1.86 BTC at 100k Satoshi --> ~440 dollars
An almost guaranteed 440 dollars -if timed well probably rather 1000 dollars, or more- for saving a coin that has two exchanges, and a few more advantages ...
... is a lot of money.
Competent CoinDevs, come flocking to us - and present us your track record, please.
If someone take this over he can receive up to 2k COV from donations and can buy same amount with like 0.3 - 0.5 BTC. Fixing the problem with the network + adding some features can make him really good profit, but so far it seems no one is interested.
Someone has shown some interest but has not made a commitment yet! I don't want to get people's hopes up...as a community I believe we can do something with the project! It will take some time and patience is needed...the cov dev dropped a bombshell and now we just need to regroup.
Here I will give 50 cov........to takeover..
Takeover Status:
Who else?
Well, I already gave up about 200 coins. Will send another 200 or 300 to someone who decide to take it over.
I'll give 100-200 as well...
I will donate for redevelopment
I will donate 100 cov for redevelopment
I pledge another 60 COV... to the next Dev.
Who else?
just so you have a figure I will donate 150
Very cool. Even though I am somewhat responsible for this, I want to apologize. I am handing over everything (accounts) to the dev you guys select. Sorry guys. But you guys can make it work.. come on now, its crypto!
If someone take this over he can receive up to 2k COV from donations and can buy same amount with like 0.3 - 0.5 BTC. Fixing the problem with the network + adding some features can make him really good profit, but so far it seems no one is interested.
Hope, the old dev to buy now some cheap coins & consider to return ?
maybe , we do not know what will happen next , but , now the value coven very very Low and cheap
when there is buying , then it still has the potential
Hope, the old dev to buy now some cheap coins & consider to return ?
It looks like dev want to buy more cheap coins before release 
The original dev left. Who are you referring to?
It looks like dev want to buy more cheap coins before release
I leave my Coven wallet running 24/7 to improve the network.
Donations welcome: CTUya6iLHToR8EVNWqdZVQ1oc2P6CSX1PN
Donations welcome: CTUya6iLHToR8EVNWqdZVQ1oc2P6CSX1PN
The problem is that COV isn't worth anything, so why would any REAL dev accept a bounty in COV? They would either take BTC, or just start their own shit coin rather than clean this mess.
Yea your right! Move along prodigy...see you on the next big thing.
The problem is that COV isn't worth anything, so why would any REAL dev accept a bounty in COV? They would either take BTC, or just start their own shit coin rather than clean this mess.
let's wait always lead to dead coin
let's organize community! find a great dev and takeover the idea.
i'm preppare donate 500 COV! to new dev and takeover cov coin
i'm tired of noobs and scam people!
let's organize community! find a great dev and takeover the idea.
i'm preppare donate 500 COV! to new dev and takeover cov coin
i'm tired of noobs and scam people!
Sounds good! That makes 3 of us at 500 each plus whatever anyone else wants to donate for the new dev!
We have no choice but to wait because the best of the best is tied up right now...so people can be patient or dump but I will not settle for an average dev for the sake of time!
let's wait always lead to dead coin
let's organize community! find a great dev and takeover the idea.
i'm preppare donate 500 COV! to new dev and takeover cov coin
i'm tired of noobs and scam people!
let's organize community! find a great dev and takeover the idea.
i'm preppare donate 500 COV! to new dev and takeover cov coin
i'm tired of noobs and scam people!
I hate to be that asshole but a takeover will never work for this coin.
Yup.. I also believe it will not work. I raise my donation to 500 coins.
It's probably dead but I sent out some emails yesterday anyway! I offered 500 COV personally and said the community can probably raise another 1000 COV...do Not get your hopes up! we will see...
Hyperjack
So with my 500 and your 500 +300-400 more from other people we have 1400 coins which is about 4.5% of entire supply.
I don't think we should settle for some average dev jamoke! Let's wait and see what happens in the next few weeks...I know the best are tied up right now with urgent projects! We will have to wait it out or dump if your not comfortable with holding...
Cheers
I hate to be that asshole but a takeover will never work for this coin.
Yup.. I also believe it will not work. I raise my donation to 500 coins.
It's probably dead but I sent out some emails yesterday anyway! I offered 500 COV personally and said the community can probably raise another 1000 COV...do Not get your hopes up! we will see...
Hyperjack
So with my 500 and your 500 +300-400 more from other people we have 1400 coins which is about 4.5% of entire supply.
I hate to be that asshole but a takeover will never work for this coin.
Yup.. I also believe it will not work. I raise my donation to 500 coins.
It's probably dead but I sent out some emails yesterday anyway! I offered 500 COV personally and said the community can probably raise another 1000 COV...do Not get your hopes up! we will see...
Hyperjack
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