[ANN] Futurecoin|Groestl-Skein-SHA256|Crypto Vesting|Launch Thread|REQUIRED CLIENT UPDATE! - page 6.

dzarmush

legendary

Activity: 1806

Merit: 1001

Quote from: procrastinationtm on May 12, 2014, 06:28:57 PM

Quote from: dzarmush on May 12, 2014, 04:24:54 PM

Quote from: procrastinationtm on May 12, 2014, 04:12:41 PM

Quote from: dzarmush on May 12, 2014, 01:54:36 PM

Dev, there's a mess with all that kFC (kilo) thing. Why on earth did you do it?

Just look at the prices. The highest price is 1/10 satoshi because of this kFC bullshit. Minimum price for every coin always was 1 satoshi and you invented way to make your coin cost less than 1 satoshi. Congratulations.

actually coinano uses kFC as the ticker but units is still FC for some reason.

1 kFC would be worth 1000x of whatever price it is at right now

congratulations on figuring out how exchanges work

Wake up, man.

I sold 20 kFC and see what happened. Units is kFC and its cost is 10 times lower than it could be in the worst possible scenario of 1 satoshi price for 1 FC. Now it's 1/10 satoshi for 1 FC thanks to dev.

oh you're right

then again this is all arbitrary numbers assigned slightly less arbitrary values

I don't get your point. Price of 3-5 satoshi is a normal starting price for coins with 100B emission and we could have it if dev wouldn't do this kFC thing.

You see? Could be 5 satoshi — now it 1/10 satoshi. What's to discuss?

procrastinationtm

member

Activity: 364

Merit: 10

Quote from: dzarmush on May 12, 2014, 04:24:54 PM

Quote from: procrastinationtm on May 12, 2014, 04:12:41 PM

Quote from: dzarmush on May 12, 2014, 01:54:36 PM

Dev, there's a mess with all that kFC (kilo) thing. Why on earth did you do it?

Just look at the prices. The highest price is 1/10 satoshi because of this kFC bullshit. Minimum price for every coin always was 1 satoshi and you invented way to make your coin cost less than 1 satoshi. Congratulations.

actually coinano uses kFC as the ticker but units is still FC for some reason.

1 kFC would be worth 1000x of whatever price it is at right now

congratulations on figuring out how exchanges work

Wake up, man.

I sold 20 kFC and see what happened. Units is kFC and its cost is 10 times lower than it could be in the worst possible scenario of 1 satoshi price for 1 FC. Now it's 1/10 satoshi for 1 FC thanks to dev.

oh you're right

then again this is all arbitrary numbers assigned slightly less arbitrary values

dzarmush

legendary

Activity: 1806

Merit: 1001

Quote from: procrastinationtm on May 12, 2014, 04:12:41 PM

Quote from: dzarmush on May 12, 2014, 01:54:36 PM

Dev, there's a mess with all that kFC (kilo) thing. Why on earth did you do it?

Just look at the prices. The highest price is 1/10 satoshi because of this kFC bullshit. Minimum price for every coin always was 1 satoshi and you invented way to make your coin cost less than 1 satoshi. Congratulations.

actually coinano uses kFC as the ticker but units is still FC for some reason.

1 kFC would be worth 1000x of whatever price it is at right now

congratulations on figuring out how exchanges work

Wake up, man.

I sold 20 kFC and see what happened. Units is kFC and its cost is 10 times lower than it could be in the worst possible scenario of 1 satoshi price for 1 FC. Now it's 1/10 satoshi for 1 FC thanks to dev.

procrastinationtm

member

Activity: 364

Merit: 10

Quote from: dzarmush on May 12, 2014, 01:54:36 PM

Dev, there's a mess with all that kFC (kilo) thing. Why on earth did you do it?

Just look at the prices. The highest price is 1/10 satoshi because of this kFC bullshit. Minimum price for every coin always was 1 satoshi and you invented way to make your coin cost less than 1 satoshi. Congratulations.

actually coinano uses kFC as the ticker but units is still FC for some reason.

1 kFC would be worth 1000x of whatever price it is at right now

congratulations on figuring out how exchanges work

dzarmush

legendary

Activity: 1806

Merit: 1001

Dev, there's a mess with all that kFC (kilo) thing. Why on earth did you do it?

Just look at the prices. The highest price is 1/10 satoshi because of this kFC bullshit. Minimum price for every coin always was 1 satoshi and you invented way to make your coin cost less than 1 satoshi. Congratulations.

lasersun

newbie

Activity: 8

Merit: 0

Will advertising FutureCoin? I can make a page on the Russian sites as well as the group in the famous social networking VK.com, I myself am from Ukraine =)

djm34

legendary

Activity: 1400

Merit: 1050

Quote from: asfree on May 11, 2014, 10:01:34 PM

I would come too late, but it can't stop sitting on the moon

here you go, there are 2 cheap f*** selling lower now Grin

asfree

newbie

Activity: 1

Merit: 0

I would come too late, but it can't stop sitting on the moon

Cryptoinn

full member

Activity: 190

Merit: 100

I found this https://docs.google.com/spreadsheet/pub?key=0Am-P0duKerohdFRrVl9hSld4ci1ZNWNwRi15R19yM3c&single=true&gid=0&output=html

Looks like we already have 8 times more price then IPO was.

Cryptoinn

full member

Activity: 190

Merit: 100

Quote from: djm34 on May 11, 2014, 10:04:39 AM

Quote from: Cryptoinn on May 11, 2014, 02:33:50 AM

We hit 1000sat, but volume so low. Why noone sell from 1st ipo stage Huh

because it is below IPO price ?

what ipo price was?

thefuturecoin

member

Activity: 112

Merit: 10

Quote from: trankil on May 11, 2014, 10:07:38 AM

one week or two week for maturity?

2 weeks at the least.

trankil

hero member

Activity: 854

Merit: 539

one week or two week for maturity?

djm34

legendary

Activity: 1400

Merit: 1050

Quote from: Cryptoinn on May 11, 2014, 02:33:50 AM

We hit 1000sat, but volume so low. Why noone sell from 1st ipo stage Huh

because it is below IPO price ?

thefuturecoin

member

Activity: 112

Merit: 10

Quote from: trankil on May 11, 2014, 09:51:59 AM

please answer our question about coin matury

we have mine since more than one week on pools and no coins are mature

thanks

Quote from: thefuturecoin on May 10, 2014, 08:41:26 AM

Quote from: trankil on May 10, 2014, 04:05:43 AM

Quote from: Cryptoinn on May 09, 2014, 09:31:37 AM

But i have question to dev, im started mining more then week ago, and my coins still unmatured at supernova pool. How its gona happened?

same probleme here

can we have an answer??

Quote from: lasersun on May 10, 2014, 05:05:05 AM

Same as the coin is not confirmed at http://kfc.crypto-coinz.com/

This is the nature of long term block maturity. It will be another week before the first mined blocks come out.

trankil

hero member

Activity: 854

Merit: 539

please answer our question about coin matury

we have mine since more than one week on pools and no coins are mature

thanks

thefuturecoin

member

Activity: 112

Merit: 10

Quote from: Tekkerr on May 11, 2014, 05:08:05 AM

I don't really get it, we get 100 block reward for start, as you state.
But in the schedule you state 500, for the first 526.000 blocks...
Can you please explain this... thanks, as when I mined this a week ago I got 500kFC reward when I found a block, now only 100.
It is like it's reversed, from start we got 500 reward and now only 100...

Quote

Algorithms: Skein, Groestl, SHA256
Block rewards: Starts at 100 kFC (see block schedule below)
3 minute block time, 1 min per algo
nDefaultPort = 10900
nRPCPort = 10901
Proof of Work

IPO: 5 million kFC (5 billion Futurecoin)

Block Schedule (halves every year):
1-526,000 blocks - 500 kFC - From 2014-2015
526,000-1,052,000 - 250 kFC - From 2015-2016
1,052,000-1,578,000 - 125 kFC - From 2016-2017
1,578,000-2,104,000 - 67.5 kFC - From 2017-2018
2,104,000-2,630,000 - 33.25 kFC - From 2018-2019
2,630,000-∞ - 16.625 kFC - From 2019-∞

The hardfork changed the block rewards from 500 to 100. The original at 500 was a mistake and we haven't updated that portion of the thread since.

lasersun

newbie

Activity: 8

Merit: 0

Quote from: Cryptoinn on May 11, 2014, 05:48:29 AM

Wow! Block reward 100, its ok for early miners like me, but still veeery strange.
I think we should get explain from dev

+1

Cryptoinn

full member

Activity: 190

Merit: 100

Wow! Block reward 100, its ok for early miners like me, but still veeery strange.
I think we should get explain from dev

Tekkerr

member

Activity: 82

Merit: 10

I don't really get it, we get 100 block reward for start, as you state.
But in the schedule you state 500, for the first 526.000 blocks...
Can you please explain this... thanks, as when I mined this a week ago I got 500kFC reward when I found a block, now only 100.
It is like it's reversed, from start we got 500 reward and now only 100...

Quote

Algorithms: Skein, Groestl, SHA256
Block rewards: Starts at 100 kFC (see block schedule below)
3 minute block time, 1 min per algo
nDefaultPort = 10900
nRPCPort = 10901
Proof of Work

IPO: 5 million kFC (5 billion Futurecoin)

Block Schedule (halves every year):
1-526,000 blocks - 500 kFC - From 2014-2015
526,000-1,052,000 - 250 kFC - From 2015-2016
1,052,000-1,578,000 - 125 kFC - From 2016-2017
1,578,000-2,104,000 - 67.5 kFC - From 2017-2018
2,104,000-2,630,000 - 33.25 kFC - From 2018-2019
2,630,000-∞ - 16.625 kFC - From 2019-∞

trankil

hero member

Activity: 854

Merit: 539

Quote from: Sunny94 on May 11, 2014, 03:40:02 AM

I will make it clear, i have stopped mining this coin because i didn't get paid with any coin as i should.

I guess i'm not the only one, and if i don't get a satisfying answer today i will consider this being a scam, as everyone should

+ 1

Topic: [ANN] Futurecoin|Groestl-Skein-SHA256|Crypto Vesting|Launch Thread|REQUIRED CLIENT UPDATE! - page 6. (Read 37596 times)