Yep, I should have never said no premine, you are right about that. I messed up and I can admit it.
Once the premine was brought to attention and I was awake, I sent more than half the premine to Bill at Bittrex to destroy. I admitted that there was and put all the information in the OP. Nothing to hide and not trying to fool anyone. Its all there, its all up-front.
I do apologize again to those that seem to be upset about this (Nothing was technically affected, expect Bittrex being offline for a few hours, should be back up for exchange within a couple hours)....Nebulacoin is only going to grow, I can promise you that. No more half lies, everything will be transparent and up-front.
I can sit here and ask for forgiveness all I want, it won't change a thing though. Nebulacoin is going strong and is very healthy. Network is at over 50GH/sec currently with a high block reward.
Topic: [ANN] Nebulacoin [NEB] - X11 - PoW/PoS - LAUNCH 6/21/14! - page 15. (Read 34003 times)
again , if it said no premine on the ann, then fine... but nothing was mentioned and we assumed. lol you know the old saying when you "assume" you make an ASS out of U and ME?
well WE assumed and should assume some of the responsibility for not checking before we started mining.
well WE assumed and should assume some of the responsibility for not checking before we started mining.
It's funny. Dev was trying to make a scam and after he has been discovered he says: please, please, please forgive me, please. Rather than give him one thousand of kicks in the ass, is someone still talking about to keep this project?
what a crazy world
what a crazy world
less then 1% pre-mine is fair, shoot 5% premine is fair. Alot of hard work goes into making a coin
agree'd, I actually don't get how people think a dev is supposed to do all the work for free, then mine his own coin out of their own pockets to come up with coins for the bounties (cause we know communities hardly ever donates)
are we too assume that all dev's are super rich with tons of free time to spend hours a day on threads etc and that they'll continue their coins development as a "hobby" for all of us but the dev's themselves to benefit from? seems like illogical thinking to me.
I, for one, don't "think" one way or the other about what the dev does or how he does it outside of the fact that I do "think" a person shouldn't lie and should be held accountable for their words and implications and shouldn't be rewarded in any way for lying to or misleading others.
Again, very simple, he asked for "no premine", that's what he should get. If others feel he should be forgiven and rewarded for his efforts, then feel free to donate.
Edit: As far as whether he stated "no premine" or not, I personally don't have that recorded but am quite sure I saw it, and I'm sure Bittrex has suspended trading for good reason. But I'm with you in that if I am mistaken, and it is proven that statement was never made or implied, I look forward to trading being restored and, yes the premine is fair. Big IF though.
dev is online...now pls answer what about the hidden premine!
Yes, I have mined the 50k NEB (someone shoot me). A dev should be able to have a small amount of his own coin regardless. We have to be able to fund future features and to pay for sever bills...(This "premine" will not be spent, most likely donated back into the community over-time, I was going to create some bounties today as one example).
We will be destroying 30k of the premine, Bittrex will have us back online soon.
Wow, so apologetic!
Fund future releases? You've not even delivered this one yet. And if the premine is FIFTY k why are you only destroying THIRTY k?
Agreed. If the dev stated "no premine" in the OP (has since been edited) then destroy all 50K. Don't give the liar anything. Destroying less than 50K means it is is still a lie with no possibility of forgiveness. If the coin is to move forward and the dev forgiven his lie, destroy all of the premine so the coin starts as advertised, "no premine". If the devs not willing to do that and walks away we are all better off anyway.
The dev first asked for "no premine" and that's what he should get, end of story.
Look, I understand we all lose our mining for the last many hours and are anxious to dump it, but as above ^^^, this cannot be tolerated.
It's unusual to find a person of integrity on bitcointalk who argues for the greater good even when it isn't in their immediate interest.
the OG ann I saw didn't say NO PREMINE anywhere it just didn't mention it, which is big to me. if it said no premine in the ann I'd be a lot more "butt hurt" about this... or if he made any attempts to hide it in the code. ut he didn't.
if dev said no premine in his thread when responding to a question then I totally agree with you it was an obvious lie and I bet he feels like quite an ass right about now.
but what is done is done, and if he was as shaddy as some are jumping to the conclusion of then he probably wouldn't be on here still trying.
time to start seeing some bounties getting paid and some trust will start growing... actions always speak louder than words.
EDIT: I dropped 15 mill of what could have been a marketable coin if only I had gone along with the "sugar pill's" little scam... so I have no doubts in my own integrity. (will never go deeper on a new coin then I can afford to lose again)
less then 1% pre-mine is fair, shoot 5% premine is fair. Alot of hard work goes into making a coin
agree'd, I actually don't get how people think a dev is supposed to do all the work for free, then mine his own coin out of their own pockets to come up with coins for the bounties (cause we know communities hardly ever donates)
are we too assume that all dev's are super rich with tons of free time to spend hours a day on threads etc and that they'll continue their coins development as a "hobby" for all of us but the dev's themselves to benefit from? seems like illogical thinking to me.
Are we to assume that every coin a dev makes is their first because they have a new username?
coin gonna die, many other coins to choose from,
dev is online...now pls answer what about the hidden premine!
Yes, I have mined the 50k NEB (someone shoot me). A dev should be able to have a small amount of his own coin regardless. We have to be able to fund future features and to pay for sever bills...(This "premine" will not be spent, most likely donated back into the community over-time, I was going to create some bounties today as one example).
We will be destroying 30k of the premine, Bittrex will have us back online soon.
Wow, so apologetic!
Fund future releases? You've not even delivered this one yet. And if the premine is FIFTY k why are you only destroying THIRTY k?
Agreed. If the dev stated "no premine" in the OP (has since been edited) then destroy all 50K. Don't give the liar anything. Destroying less than 50K means it is is still a lie with no possibility of forgiveness. If the coin is to move forward and the dev forgiven his lie, destroy all of the premine so the coin starts as advertised, "no premine". If the devs not willing to do that and walks away we are all better off anyway.
The dev first asked for "no premine" and that's what he should get, end of story.
Look, I understand we all lose our mining for the last many hours and are anxious to dump it, but as above ^^^, this cannot be tolerated.
It's unusual to find a person of integrity on bitcointalk who argues for the greater good even when it isn't in their immediate interest.
less then 1% pre-mine is fair, shoot 5% premine is fair. Alot of hard work goes into making a coin
are we too assume that all dev's are super rich with tons of free timeYes, cause they keep scamming the fuck out of us all
less then 1% pre-mine is fair, shoot 5% premine is fair. Alot of hard work goes into making a coin
agree'd, I actually don't get how people think a dev is supposed to do all the work for free, then mine his own coin out of their own pockets to come up with coins for the bounties (cause we know communities hardly ever donates)
are we too assume that all dev's are super rich with tons of free time to spend hours a day on threads etc and that they'll continue their coins development as a "hobby" for all of us but the dev's themselves to benefit from? seems like illogical thinking to me.
less then 1% pre-mine is fair, shoot 5% premine is fair. Alot of hard work goes into making a coin
Especially this one...We did have a flawless launch, no instamine, and great community feedback, Lets keep it that way!
I will give a good write up on what bounties we need soon, they will be paid in full.New IRC Chat that is now moderated. OP has been updated.
https://kiwiirc.com/client/irc.freenode.net?channel=#nebula-coin
less then 1% pre-mine is fair, shoot 5% premine is fair. Alot of hard work goes into making a coin
Fair going in, not fair after the fact. Which is why Bittrex has closed the market, premine affects the value.
less then 1% pre-mine is fair, shoot 5% premine is fair. Alot of hard work goes into making a coin
Not anymore.
less then 1% pre-mine is fair, shoot 5% premine is fair. Alot of hard work goes into making a coin
dev is online...now pls answer what about the hidden premine!
Yes, I have mined the 50k NEB (someone shoot me). A dev should be able to have a small amount of his own coin regardless. We have to be able to fund future features and to pay for sever bills...(This "premine" will not be spent, most likely donated back into the community over-time, I was going to create some bounties today as one example).
We will be destroying 30k of the premine, Bittrex will have us back online soon.
Wow, so apologetic!
Fund future releases? You've not even delivered this one yet. And if the premine is FIFTY k why are you only destroying THIRTY k?
Agreed. If the dev stated "no premine" in the OP (has since been edited) then destroy all 50K. Don't give the liar anything. Destroying less than 50K means it is is still a lie with no possibility of forgiveness. If the coin is to move forward and the dev forgiven his lie, destroy all of the premine so the coin starts as advertised, "no premine". If the devs not willing to do that and walks away we are all better off anyway.
The dev first asked for "no premine" and that's what he should get, end of story.
Look, I understand we all lose our mining for the last many hours and are anxious to dump it, but as above ^^^, this cannot be tolerated.
In 24 hours launch
listed on exchange
premine found
Dev woke up, and than owned up and did not hide. Might be hard for some to accept and
that is understandable I understand the argument on both sides. I think it is all out in the open go with your gut and either stick with this coin or move on, but the name calling and griefing just weakens the entire community IMO. Make a decision and follow it all the hatred and name calling is not helping anyone.
listed on exchange
premine found
Dev woke up, and than owned up and did not hide. Might be hard for some to accept and
that is understandable I understand the argument on both sides. I think it is all out in the open go with your gut and either stick with this coin or move on, but the name calling and griefing just weakens the entire community IMO. Make a decision and follow it all the hatred and name calling is not helping anyone.
+1
I'm still in.
+1 I'm still in.
+1 I'm still in.
Got my popcorn ready for the inevitable conclusion.
It didn't actually say No Premine on the OG ann did it? it just "forgot" to mention it
He posted it on the first page. How lazy are you?
the OG ann that was posted on dedicated didn't say 0 premine/No premine it just didn't mention it at all.
so maybe not as lazy as you'd like to jump to the conclusion of.
In 24 hours launch
listed on exchange
premine found
Dev woke up, and than owned up and did not hide. Might be hard for some to accept and
that is understandable I understand the argument on both sides. I think it is all out in the open go with your gut and either stick with this coin or move on, but the name calling and griefing just weakens the entire community IMO. Make a decision and follow it all the hatred and name calling is not helping anyone.
listed on exchange
premine found
Dev woke up, and than owned up and did not hide. Might be hard for some to accept and
that is understandable I understand the argument on both sides. I think it is all out in the open go with your gut and either stick with this coin or move on, but the name calling and griefing just weakens the entire community IMO. Make a decision and follow it all the hatred and name calling is not helping anyone.
+1
I'm still in.
+1 I'm still in.
+1 I'm still in.
If it's not Prada, it's not worth of the time.
Aye still in as well.
Great coin! Lets Rock 
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