Topic: [ANN] [HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast - page 126. (Read 542277 times)
March 26, 2014, 10:11:29 AM
Shouldn't the BTC from the IPO be used for the infrastructure of HVY though ? There is no need for an additional 2% premine for infrastructure if you have an IPO as the IPO money should be used for future proofing the coin, where does the IPO money go ? in the devs pocket or on future development of coin along with the 2% premine ?
March 26, 2014, 10:00:30 AM
The 3 reasons Heavycoin will never replace Litecoin or Darkcoin, and will even be behind Slothcoin in a month or two:
1) Premine: 1-2% (depending on total supply) for future development, support and maintenance
2) Bounties: 1-2% (depending on total supply) for strategic direction and promoting of heavycoin
3) IPO: 4-8% (depending on total supply) already distributed over 172 stakeholders
This coin is a giant scam coin and it's really pathetic seeing people hype it up like it's going to the moon or something. I'm amazed the price isn't 0 right now.
Stop supporting blatant scam coins and making yourselves look like fools. Get out while you still can.
If you want average risk with good chance of high profit, go Darkcoin.
If you want high risk and possibility of extreme reward, go Slothcoin.
If you want low risk, average reward, go Litecoin.
1) Premine: 1-2% (depending on total supply) for future development, support and maintenance
2) Bounties: 1-2% (depending on total supply) for strategic direction and promoting of heavycoin
3) IPO: 4-8% (depending on total supply) already distributed over 172 stakeholders
This coin is a giant scam coin and it's really pathetic seeing people hype it up like it's going to the moon or something. I'm amazed the price isn't 0 right now.
Stop supporting blatant scam coins and making yourselves look like fools. Get out while you still can.
If you want average risk with good chance of high profit, go Darkcoin.
If you want high risk and possibility of extreme reward, go Slothcoin.
If you want low risk, average reward, go Litecoin.
Ridiculous, this ~2% premine is not big, the IPO gives a vested interest to early backers, instead of just miners at intro, much like venture capitalists and early stage seed investors in traditional investments
For those of you who have been around a while you'll remember tenebrix. One of the early alt-currencies implementing scrypt as a proof-of-work scheme.
Later came Fairbrix, which was a Tenebrix clone with a fair distribution, and then later came litecoin which was essentially a no mc clone of Fairbrix done right, this is ultimately the coin that caught on as one of the first 'viable' alts with lasting power.
The developers of these knew from the very beginning scrypt was not 'GPU-immune' as purpoted, and were secretly mining using GPU (Artforz et al)
while the rest of the general populous was stuck on CPU. Eventually GPU mining became public and Scrypt based coins moved onto claiming 'ASIC-resistance' instead.
In the case of bitcoin, which was becoming increasingly centralised with huge mining farms who had the power
to fund low-cost development of ASIC's, suck up huge profits by private mining, dumping that on market and to darkpools in bulk and selling hardware to suckers once they have outlived their usefullness at huge markups, THEN re-investing profits in a snowball effect to fund next more efficient & powerful ASIC designs many people decided to diversify into a coin where the mining was still decentralized, in the sense you didn't have to buy specialized equipment, more like '1 gpu, 1 vote' as bitcoin was 1 cpu 1 vote in the beginning
Fast forward ~3 years and we start to see emergence of ASIC designs which could compete with GPU. The first manafacturer, Gridseed had tape-out cost of ~0.90$ per chip based on full wafer meaning a 51% attack on LTC was trivial with just a modest financial outlay.(of course it made sense for them to not 51% and instead private mine and sell the hardware to suckers)
now, there are other manafacturers with designs almost ready. Everybody knows about KNC for instance. There is another relatively unknown manafacturer in China who had also raised millions of dollars for r&d and production of scrypt mining and already controls the largest pool, they were running with FPGA for long time. They will soon have majority of LTC hashpower by big margin, all the whinging about CEX.IO in comparison will be small
When these are unleashed it truly is end of days for anybody stuck with GPU. And in fact the outlook is more centralisation than Bitcoin. So what exactly is the benefit of LTC over BTC? totally none, the 'faster confirmations time' is no longer a viable enough reason, it's a dilution, the one selling point of asic resistance is now totally moot.
It's no longer a fair coin. Most big holders and insiders picked up it was languishing and then orchestrated a co-ordinated pump
The only reason I can see it to continue is sunk-cost fallacies, it's already maintained a community of fervent bagholders who beleive it's the silver to btc's gold, also the fact that for some reason, people love to buy the latest and greatest shovels. they will pay 5 gold coins for a machine that may only ever dig back 3 gold coins in it's lifetime, maybe they don't realise, don't care or maybe they know there will be another sucker who'll buy that same shovel for 3 coins. In some cases they do make a profit but it's getting rarer these days
Heavycoin is the coin litecoin should've been in 2014. decentralized mining, decentralized voting, Quick conf times, ASIC and multipool resistance- all topped up with a transparent and fair distribution model.
Nice answer
I totally agree that LTC is becoming irrelevant and will just die. It still has not made it anywhere and with ASICS it will just loose it's community/fan base which will be the start of the end. It has nothing going for it anymore and there are innovative coins out there that truly could be silver if BTC is gold.
March 26, 2014, 09:46:46 AM
Keccak if HVC supporters were to create a pool like black coin did to create dominant buy support would this work for hvc?
March 26, 2014, 09:45:35 AM
The 3 reasons Heavycoin will never replace Litecoin or Darkcoin, and will even be behind Slothcoin in a month or two:
1) Premine: 1-2% (depending on total supply) for future development, support and maintenance
2) Bounties: 1-2% (depending on total supply) for strategic direction and promoting of heavycoin
3) IPO: 4-8% (depending on total supply) already distributed over 172 stakeholders
This coin is a giant scam coin and it's really pathetic seeing people hype it up like it's going to the moon or something. I'm amazed the price isn't 0 right now.
Stop supporting blatant scam coins and making yourselves look like fools. Get out while you still can.
If you want average risk with good chance of high profit, go Darkcoin.
If you want high risk and possibility of extreme reward, go Slothcoin.
If you want low risk, average reward, go Litecoin.
please answer:You can working main job 10 year should not receive salary?1) Premine: 1-2% (depending on total supply) for future development, support and maintenance
2) Bounties: 1-2% (depending on total supply) for strategic direction and promoting of heavycoin
3) IPO: 4-8% (depending on total supply) already distributed over 172 stakeholders
This coin is a giant scam coin and it's really pathetic seeing people hype it up like it's going to the moon or something. I'm amazed the price isn't 0 right now.
Stop supporting blatant scam coins and making yourselves look like fools. Get out while you still can.
If you want average risk with good chance of high profit, go Darkcoin.
If you want high risk and possibility of extreme reward, go Slothcoin.
If you want low risk, average reward, go Litecoin.
March 26, 2014, 09:45:11 AM
The 3 reasons Heavycoin will never replace Litecoin or Darkcoin, and will even be behind Slothcoin in a month or two:
1) Premine: 1-2% (depending on total supply) for future development, support and maintenance
2) Bounties: 1-2% (depending on total supply) for strategic direction and promoting of heavycoin
3) IPO: 4-8% (depending on total supply) already distributed over 172 stakeholders
This coin is a giant scam coin and it's really pathetic seeing people hype it up like it's going to the moon or something. I'm amazed the price isn't 0 right now.
Stop supporting blatant scam coins and making yourselves look like fools. Get out while you still can.
If you want average risk with good chance of high profit, go Darkcoin.
If you want high risk and possibility of extreme reward, go Slothcoin.
If you want low risk, average reward, go Litecoin.
1) Premine: 1-2% (depending on total supply) for future development, support and maintenance
2) Bounties: 1-2% (depending on total supply) for strategic direction and promoting of heavycoin
3) IPO: 4-8% (depending on total supply) already distributed over 172 stakeholders
This coin is a giant scam coin and it's really pathetic seeing people hype it up like it's going to the moon or something. I'm amazed the price isn't 0 right now.
Stop supporting blatant scam coins and making yourselves look like fools. Get out while you still can.
If you want average risk with good chance of high profit, go Darkcoin.
If you want high risk and possibility of extreme reward, go Slothcoin.
If you want low risk, average reward, go Litecoin.
Ridiculous, this ~2% premine is not big, the IPO gives a vested interest to early backers, instead of just miners at intro, much like venture capitalists and early stage seed investors in traditional investments
For those of you who have been around a while you'll remember tenebrix. One of the early alt-currencies implementing scrypt as a proof-of-work scheme.
Later came Fairbrix, which was a Tenebrix clone with a fair distribution, and then later came litecoin which was essentially a no mc clone of Fairbrix done right, this is ultimately the coin that caught on as one of the first 'viable' alts with lasting power.
The developers of these knew from the very beginning scrypt was not 'GPU-immune' as purpoted, and were secretly mining using GPU (Artforz et al)
while the rest of the general populous was stuck on CPU. Eventually GPU mining became public and Scrypt based coins moved onto claiming 'ASIC-resistance' instead.
In the case of bitcoin, which was becoming increasingly centralised with huge mining farms who had the power
to fund low-cost development of ASIC's, suck up huge profits by private mining, dumping that on market and to darkpools in bulk and selling hardware to suckers once they have outlived their usefullness at huge markups, THEN re-investing profits in a snowball effect to fund next more efficient & powerful ASIC designs many people decided to diversify into a coin where the mining was still decentralized, in the sense you didn't have to buy specialized equipment, more like '1 gpu, 1 vote' as bitcoin was 1 cpu 1 vote in the beginning
Fast forward ~3 years and we start to see emergence of ASIC designs which could compete with GPU. The first manafacturer, Gridseed had tape-out cost of ~0.90$ per chip based on full wafer meaning a 51% attack on LTC was trivial with just a modest financial outlay.(of course it made sense for them to not 51% and instead private mine and sell the hardware to suckers)
now, there are other manafacturers with designs almost ready. Everybody knows about KNC for instance. There is another relatively unknown manafacturer in China who had also raised millions of dollars for r&d and production of scrypt mining and already controls the largest pool, they were running with FPGA for long time. They will soon have majority of LTC hashpower by big margin, all the whinging about CEX.IO in comparison will be small
When these are unleashed it truly is end of days for anybody stuck with GPU. And in fact the outlook is more centralisation than Bitcoin. So what exactly is the benefit of LTC over BTC? totally none, the 'faster confirmations time' is no longer a viable enough reason, it's a dilution, the one selling point of asic resistance is now totally moot.
It's no longer a fair coin. Most big holders and insiders picked up it was languishing and then orchestrated a co-ordinated pump
The only reason I can see it to continue is sunk-cost fallacies, it's already maintained a community of fervent bagholders who beleive it's the silver to btc's gold, also the fact that for some reason, people love to buy the latest and greatest shovels. they will pay 5 gold coins for a machine that may only ever dig back 3 gold coins in it's lifetime, maybe they don't realise, don't care or maybe they know there will be another sucker who'll buy that same shovel for 3 coins. In some cases they do make a profit but it's getting rarer these days
Heavycoin is the coin litecoin should've been in 2014. decentralized mining, decentralized voting, Quick conf times, ASIC and multipool resistance- all topped up with a transparent and fair distribution model.
March 26, 2014, 09:41:37 AM
The 3 reasons Heavycoin will never replace Litecoin or Darkcoin, and will even be behind Slothcoin in a month or two:
1) Premine: 1-2% (depending on total supply) for future development, support and maintenance
2) Bounties: 1-2% (depending on total supply) for strategic direction and promoting of heavycoin
3) IPO: 4-8% (depending on total supply) already distributed over 172 stakeholders
This coin is a giant scam coin and it's really pathetic seeing people hype it up like it's going to the moon or something. I'm amazed the price isn't 0 right now.
Stop supporting blatant scam coins and making yourselves look like fools. Get out while you still can.
If you want average risk with good chance of high profit, go Darkcoin.
If you want high risk and possibility of extreme reward, go Slothcoin.
If you want low risk, average reward, go Litecoin.
1) Premine: 1-2% (depending on total supply) for future development, support and maintenance
2) Bounties: 1-2% (depending on total supply) for strategic direction and promoting of heavycoin
3) IPO: 4-8% (depending on total supply) already distributed over 172 stakeholders
This coin is a giant scam coin and it's really pathetic seeing people hype it up like it's going to the moon or something. I'm amazed the price isn't 0 right now.
Stop supporting blatant scam coins and making yourselves look like fools. Get out while you still can.
If you want average risk with good chance of high profit, go Darkcoin.
If you want high risk and possibility of extreme reward, go Slothcoin.
If you want low risk, average reward, go Litecoin.
How can you even mention Darkcoin and Slothcoin in one post ?
Sloth is just another garbage copy/animal coin that belongs in the dumpster with catcoin,penguinecoin,Nyancoin etc. Just a copycoin made in one minute to dump it to some fools. Thats why your shitty coin does not have even one satoshi worth of buy orders despite being weeks old
Dark coin is interesting because it brings innovation and has competent developers just as Heavycoin but darkcoin's market cap is quite big already and there is not as much room for growth.
Please stop spamming your junkcoin cheap-ass marketing
March 26, 2014, 09:39:16 AM
-thanks to new heavycoind update- added some charts to hvc.42tx.com
http://hvc.42tx.com/charts/ (on testing)
http://hvc.42tx.com/charts/ (on testing)
Nice work! It's great to see these stats visualized.
It would be cool to see the price plotted on the same chart as the estimated next block reward.
March 26, 2014, 09:13:25 AM
The 3 reasons Heavycoin will never replace Litecoin or Darkcoin, and will even be behind Slothcoin in a month or two:
1) Premine: 1-2% (depending on total supply) for future development, support and maintenance
2) Bounties: 1-2% (depending on total supply) for strategic direction and promoting of heavycoin
3) IPO: 4-8% (depending on total supply) already distributed over 172 stakeholders
This coin is a giant scam coin and it's really pathetic seeing people hype it up like it's going to the moon or something. I'm amazed the price isn't 0 right now.
Stop supporting blatant scam coins and making yourselves look like fools. Get out while you still can.
If you want average risk with good chance of high profit, go Darkcoin.
If you want high risk and possibility of extreme reward, go Slothcoin.
If you want low risk, average reward, go Litecoin.
1) Premine: 1-2% (depending on total supply) for future development, support and maintenance
2) Bounties: 1-2% (depending on total supply) for strategic direction and promoting of heavycoin
3) IPO: 4-8% (depending on total supply) already distributed over 172 stakeholders
This coin is a giant scam coin and it's really pathetic seeing people hype it up like it's going to the moon or something. I'm amazed the price isn't 0 right now.
Stop supporting blatant scam coins and making yourselves look like fools. Get out while you still can.
If you want average risk with good chance of high profit, go Darkcoin.
If you want high risk and possibility of extreme reward, go Slothcoin.
If you want low risk, average reward, go Litecoin.
Whow what a brain storm.
March 26, 2014, 09:06:05 AM
The 3 reasons Heavycoin will never replace Litecoin or Darkcoin, and will even be behind Slothcoin in a month or two:
1) Premine: 1-2% (depending on total supply) for future development, support and maintenance
2) Bounties: 1-2% (depending on total supply) for strategic direction and promoting of heavycoin
3) IPO: 4-8% (depending on total supply) already distributed over 172 stakeholders
This coin is a giant scam coin and it's really pathetic seeing people hype it up like it's going to the moon or something. I'm amazed the price isn't 0 right now.
Stop supporting blatant scam coins and making yourselves look like fools. Get out while you still can.
If you want average risk with good chance of high profit, go Darkcoin.
If you want high risk and possibility of extreme reward, go Slothcoin.
If you want low risk, average reward, go Litecoin.
1) Premine: 1-2% (depending on total supply) for future development, support and maintenance
2) Bounties: 1-2% (depending on total supply) for strategic direction and promoting of heavycoin
3) IPO: 4-8% (depending on total supply) already distributed over 172 stakeholders
This coin is a giant scam coin and it's really pathetic seeing people hype it up like it's going to the moon or something. I'm amazed the price isn't 0 right now.
Stop supporting blatant scam coins and making yourselves look like fools. Get out while you still can.
If you want average risk with good chance of high profit, go Darkcoin.
If you want high risk and possibility of extreme reward, go Slothcoin.
If you want low risk, average reward, go Litecoin.
so your objection is pre-mining basically, wow what an original arguement, you have changed my whole viewpoint on life, the universe and well, everything really.
March 26, 2014, 08:53:28 AM
The 3 reasons Heavycoin will never replace Litecoin or Darkcoin, and will even be behind Slothcoin in a month or two:
1) Premine: 1-2% (depending on total supply) for future development, support and maintenance
2) Bounties: 1-2% (depending on total supply) for strategic direction and promoting of heavycoin
3) IPO: 4-8% (depending on total supply) already distributed over 172 stakeholders
This coin is a giant scam coin and it's really pathetic seeing people hype it up like it's going to the moon or something. I'm amazed the price isn't 0 right now.
Stop supporting blatant scam coins and making yourselves look like fools. Get out while you still can.
If you want average risk with good chance of high profit, go Darkcoin.
If you want high risk and possibility of extreme reward, go Slothcoin.
If you want low risk, average reward, go Litecoin.
1) Premine: 1-2% (depending on total supply) for future development, support and maintenance
2) Bounties: 1-2% (depending on total supply) for strategic direction and promoting of heavycoin
3) IPO: 4-8% (depending on total supply) already distributed over 172 stakeholders
This coin is a giant scam coin and it's really pathetic seeing people hype it up like it's going to the moon or something. I'm amazed the price isn't 0 right now.
Stop supporting blatant scam coins and making yourselves look like fools. Get out while you still can.
If you want average risk with good chance of high profit, go Darkcoin.
If you want high risk and possibility of extreme reward, go Slothcoin.
If you want low risk, average reward, go Litecoin.
March 26, 2014, 07:49:56 AM
Quote
yeah it's true but very few people get it all 100% right as in buying at lowest and selling at highest, the trouble is identifying when the price has hit the extremes. All you can do in my opinion is make an assessment of where you want to sell at, a price that you are happy with and if you think it can realistically hit, then sell and don't look back. Hindsight is a bitch but there is no point dwelling on it, it's not as if any of can see the future or have a sports almanac and a time machine
If you drove a DeLorean DMC-12 like I do then you'd know to hold your coins for 2.2 years
March 26, 2014, 07:48:33 AM
-thanks to new heavycoind update- added some charts to hvc.42tx.com
http://hvc.42tx.com/charts/ (on testing)
http://hvc.42tx.com/charts/ (on testing)
March 26, 2014, 07:19:17 AM
....
How much you holding total kuperis? I've been buying all the way down and back up again, I think thats enough tho really, won't buy it all the way up, I'm on 220k+ and wont sell ANY till it hits $0.30 - then will take my stake out and ride the rest to wherever it gets
im holding 87k+
and im wont sell until hits 1$, i did that mistake once...i sold all my LTC for 0.82$ @ 48k, and later when i saw 9$ and then after 42$..
Wow you could have been a multimillionaire if you had sold at the latter price. 48,000 x $42 = $2,016,000.-
The example of Litecoin also shows not to hold too long, Litecoin is now at $16.
yeah it's true but very few people get it all 100% right as in buying at lowest and selling at highest, the trouble is identifying when the price has hit the extremes. All you can do in my opinion is make an assessment of where you want to sell at, a price that you are happy with and if you think it can realistically hit, then sell and don't look back. Hindsight is a bitch but there is no point dwelling on it, it's not as if any of can see the future or have a sports almanac and a time machine
March 26, 2014, 06:57:07 AM
....
How much you holding total kuperis? I've been buying all the way down and back up again, I think thats enough tho really, won't buy it all the way up, I'm on 220k+ and wont sell ANY till it hits $0.30 - then will take my stake out and ride the rest to wherever it gets
im holding 87k+
and im wont sell until hits 1$, i did that mistake once...i sold all my LTC for 0.82$ @ 48k, and later when i saw 9$ and then after 42$..
Wow you could have been a multimillionaire if you had sold at the latter price. 48,000 x $42 = $2,016,000.-
The example of Litecoin also shows not to hold too long, Litecoin is now at $16.
March 26, 2014, 06:44:56 AM
I have to say, HVC is good coin for me. Earn some money LOL
March 26, 2014, 06:31:34 AM
Hi,
I'm running the site http://www.crypto-coins-table.com.
I have listed your coin already. To provide the full information
for all users you can update the information here:
http://www.crypto-coins-table.com/index.php?var_action=update_coin&coin_id=HVC
regards
March 26, 2014, 06:20:05 AM
@keccak512 u have update new website . More infomation and innovations ?
March 26, 2014, 06:16:38 AM
this coin is still ridiculously undervalued, Maxcoin is a joke in comparison and is trading at $0.2, I see no reason why short term it cannot eclipse Maxcoin and long term when miners come over from litecoin because of asics I see no reason at all why it wont have a prominent position in the top 10 on coinmarketcap.
Agree
Just bought some more and pumped the price a little I did the same this morning, my rig is working on vertcoin and whenever I get any i'm just selling it and pumping that into HVC. I mean I know you hear people on all these boards saying to da moon with all sorts of shitcoins etc but HVC really is different. I think the lower power costs and cooler running, together with multi pool and asic resistance and voting features mean this coin will end up right up there. Like Dan i'm cashing out my stake at $0.3 but after that i'm holding for at least $3 per coin, probably more.
March 26, 2014, 06:14:29 AM
this coin is still ridiculously undervalued, Maxcoin is a joke in comparison and is trading at $0.2, I see no reason why short term it cannot eclipse Maxcoin and long term when miners come over from litecoin because of asics I see no reason at all why it wont have a prominent position in the top 10 on coinmarketcap.
+1 HVC top 5 Coin Marketcap March 26, 2014, 06:11:57 AM
this coin is still ridiculously undervalued, Maxcoin is a joke in comparison and is trading at $0.2, I see no reason why short term it cannot eclipse Maxcoin and long term when miners come over from litecoin because of asics I see no reason at all why it wont have a prominent position in the top 10 on coinmarketcap.
Agree
Just bought some more and pumped the price a little Jump to: