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Topic: [ANN] Syscoin - Business on the Blockchain - LAUNCHED! - page 67. (Read 490229 times)

hero member
Activity: 644
Merit: 500
Oh wow, Moolah just basically confirmed that there will be no refunds.

https://twitter.com/moolah_io/status/502092665161547776

Exactly where have we confirmed this? You are posting something that is patently false. We are sticking to our agreement in the sense of, "if they pass inspection, we have no reason to refund". However, if they do not pass? Then there will be funds.

please don't listen to FUD but real investor.
newbie
Activity: 48
Merit: 0
Ok, so there is a pattern forming...

The "unbiased" 3rd party escrow service is a major investor in syscoin..  They gave the dev's plenty of time to get stuff working, so they could leverage the sh!t out of their holdings to make huge coin..  

When the dev's were trying to fork to a new block-chain on monday, I managed to mine a block before they could mine it, and got to see some numbers I'm sure they didn't want seen.

The premine (18% of 2 billion) = 360 million
By monday, the maximum amount of mined coins (128 coins per block x 60 blocks per hour x 48 hours) would be just under 370,000 coins.  Now, that number is is the max, the real number is more like a quarter of that, since the wallet and forking issues kept people from mining most of the time.

So, to create a new block to account for all the coins would be a maximum of 360,370,000.

This block I mined is pictured below..

http://imagize[Suspicious link removed]ageshack.us/v2/600x400q90/538/aZgUtI.jpg

So, the numbers are not even close, the block is for 364,222,858 sys.  Lets break that down, shall we?

364,222,858 minus the premine is 4,222,858.

Assuming that the 222,858 is the actual mined coins that needed to get forked to the new chain, that leaves 4,000,000 coins (.2% of 2 Billion) that is unexplained, but a nice bonus for the dev's that noone would question.

Yeah, that's interesting.......................

Reposting
newbie
Activity: 42
Merit: 0


Actually wallet kinda works.  Having to re-download the blockchain when you close and reopen a wallet isn't right.  Otherwise it just sits in the system tray and can't be accessed.

id say the wallet doesnt work.
thats not how wallets work.

WTF is this fail?!

I, like many don't have to re-download the blockchain. The amount of people with this problem is a small amount.
hero member
Activity: 750
Merit: 511
Guys I need help.
What is current total supply?
I believe is about 364 million.

But I tried to build the Rich List and I got about 463 million.
The Syscoin protocol has small different to standard bitcoin protocol and maybe this amount is incorrect.
But I check first 10 with http://sys.coinzone.info/ and amount the same.
Can anybody check all 200 addresses from http://pastebin.com/cc2PQf4G ?
Or current supply not 364 million?

Top 10
Code:
Se3UvXRDYDfua7B81AXGJrbVZRgx1J7cuR 	76055616.00
STqv5wokEnanoedaXY9ihAtvM9ppKhyici 59763916.00 (devs)
SZUXEqQKnD6fR9F7biXkg99Wfquk4JrZfV 35473156.00
Sa3apMrcguBbqB64EfVSQvdLKuKPsgVWyS 5376344.00
ShXaCF4VwUcfATPcMbeshj2fy8ciWmp6dM 4826255.00
SPSVkEJof8VwM9Nj1Mwzm7dePnwL4MsT4M 4826255.00
SPxJR9eTBFnZXzitJJbTSfyTqrRftDoDrD 4826255.00
ShkyUdtQUFs5DB1yeQB11teuhUgaM3EAxS 4826255.00
SShqQ6LQ6WXeDnGPtNVQA1NhiLxJ5Kia4K 4816254.00
SNByeXCdxurTm5vy16udRbZMJGnLF8p31V 4816250.00

i'd like to know ,where's another 100M syscoin come from?
danger is coming ......

Sorry, my bad, Se3UvXRDYDfua7B81AXGJrbVZRgx1J7cuR and SZUXEqQKnD6fR9F7biXkg99Wfquk4JrZfV is empty now.
member
Activity: 74
Merit: 10
Oh wow, Moolah just basically confirmed that there will be no refunds.

https://twitter.com/moolah_io/status/502092665161547776

Exactly where have we confirmed this? You are posting something that is patently false. We are sticking to our agreement in the sense of, "if they pass inspection, we have no reason to refund". However, if they do not pass? Then there will be funds.
member
Activity: 280
Merit: 10
Oh wow, Moolah just basically confirmed that there will be no refunds.

https://twitter.com/moolah_io/status/502092665161547776
zsp
full member
Activity: 181
Merit: 100
What a bollocks to demand a buy wall from the DEVs. Next time I will buy a Microsoft or Google stock I will require a buy wall on the stock exchange to avoid any losses, this will make the MS and Google executives laugh so hard.

There are no buy walls for risk minimizing backup solution in investments.

Moolah promised refunds in case of a non working product.
Nothing worked when this was launched, so people want a refund.

Yeah, that's clear and nothing wrong with that, you should get a refund.

I was talking about the buy walls people are demanding from the devs to put at 518 Sat to minimize their losses. That's nonsense.
member
Activity: 280
Merit: 10
What a bollocks to demand a buy wall from the DEVs. Next time I will buy a Microsoft or Google stock I will require a buy wall on the stock exchange to avoid any losses, this will make the MS and Google executives laugh so hard.

There are no buy walls for risk minimizing backup solution in investments.

Moolah promised refunds in case of a non working product.
Nothing worked when this was launched, so people want a refund.
full member
Activity: 518
Merit: 102
Guys I need help.
What is current total supply?
I believe is about 364 million.

But I tried to build the Rich List and I got about 463 million.
The Syscoin protocol has small different to standard bitcoin protocol and maybe this amount is incorrect.
But I check first 10 with http://sys.coinzone.info/ and amount the same.
Can anybody check all 200 addresses from http://pastebin.com/cc2PQf4G ?
Or current supply not 364 million?

Top 10
Code:
Se3UvXRDYDfua7B81AXGJrbVZRgx1J7cuR 	76055616.00
STqv5wokEnanoedaXY9ihAtvM9ppKhyici 59763916.00 (devs)
SZUXEqQKnD6fR9F7biXkg99Wfquk4JrZfV 35473156.00
Sa3apMrcguBbqB64EfVSQvdLKuKPsgVWyS 5376344.00
ShXaCF4VwUcfATPcMbeshj2fy8ciWmp6dM 4826255.00
SPSVkEJof8VwM9Nj1Mwzm7dePnwL4MsT4M 4826255.00
SPxJR9eTBFnZXzitJJbTSfyTqrRftDoDrD 4826255.00
ShkyUdtQUFs5DB1yeQB11teuhUgaM3EAxS 4826255.00
SShqQ6LQ6WXeDnGPtNVQA1NhiLxJ5Kia4K 4816254.00
SNByeXCdxurTm5vy16udRbZMJGnLF8p31V 4816250.00

i'd like to know ,where's another 100M syscoin come from?
danger is coming ......
zsp
full member
Activity: 181
Merit: 100
What a bollocks to demand a buy wall from the DEVs. Next time I will buy a Microsoft or Google stock I will require a buy wall on the stock exchange to avoid any losses, this will make the MS and Google executives laugh so hard.

There are no buy walls for risk minimizing backup solution in investments.
hero member
Activity: 658
Merit: 500
It will take FOREVER for those people to even mine a few thousand SYS.

I'm amazed that anyone is mining it to be honest - it's a long way from breaking even, let alone making a profit.
newbie
Activity: 42
Merit: 0


the coins launch time was delayed. then it was forkedtwice. the best hing was moolah should have allowed a refund when the coin did not work at the first time. after two forks. wallet still has to be restarted. and blockchain data deleted before it works again. seriously? should we just acceptthis wallet is functional? search buttons arent working on alias. sometimes marketplace disappears. fuck even the copy features arent working in the wallet. its a total disaster. but we are trusting devs to deliver what was pomised. now if they didnt moolah said they will allow more 48 hours to devs. are those 48 hours over now right?

i have invested in this coin. but truth is truth

Does the wallet have some issues. Sure it does. But it also works. The amount of people who need to delete blockchain data to get their wallet restarted are a few, most people's wallets work fine in that regard. Mine works great in win7 x64 and linux. I've restarted it 100 times or more to try and break it. The reality is that everyone's hardware and OS patch levels are different... There is no way for a small group of guys to know for sure if some people won't have initial issues. You actually should expect to have a few. Great thing is that the dev's are working to fix those people's problems. Not only are they fixing them but they are fixing them quickly. Big companies with huge teams of programmers and far more money behind them often take weeks to fix shit.

Yes some of the gui for the marketplace is broken, but the marketplace DOES work via command line. Is this optimal? No. But does it work? Yes. Can these gui issues be fixed? Sure. Also the marketplace in the wallet is really the lite version of it. They do plan on improving the gui, but the real gem is the standalone web interface for people to integrate into their sites.

If anything, my only issues with the coin is the cost of using the features. The prices for activating an alias etc are insane. For the majority of people who will be mining this coin on a couple of boxes on their desk with gpus.. It will take FOREVER for those people to even mine a few thousand SYS. These prices only work for those of us with tons of hashpower or btc available to buy some sys with. For new comers to crypto, which is the majority of the untapped market, these prices create a major hurdle for them to use the platform. Granted in 90 days these costs will be far less than they are now, but even then it's still very high.
sr. member
Activity: 280
Merit: 250
First block from the blockchain:

Code:
1: 16.08.2014 23:18:30 (3.64222848E8) [->SZJ5LdbXbYDjNxp5NCJzQXnwpS6wUfiqUS(3.64222848E8)]

From the Block Explorer:
http://sys.coinzone.info/block/ed12971d0cc2ac2db282eb0a834b83dd2ef7aa32c0eacae93d93cdaccbcf8c19

But it's not a big deal.

What tha?
sr. member
Activity: 244
Merit: 250


I see no reason why now, people should be asking for a refund. They're gonna meet the deadline and pass muster. The wallet works. The network works. People got what they paid for. No promises of hiccup free launch. People should take responsibility for their own buying decisions on an unknown currency

^ this!

Actually wallet kinda works.  Having to re-download the blockchain when you close and reopen a wallet isn't right.  Otherwise it just sits in the system tray and can't be accessed.

id say the wallet doesnt work.
thats not how wallets work.

WTF is this fail?!

So moolah offers escrow on the terms of a fully functional product. Products werent met. Now we arent being given back our btc... am I missing something here. Did the terms and conditions outline a time? Yes.. the launch date. It failed. Moolah I know its alot of work, but your not sticking to your words here. You have failed us. Syscoin is dead forever, no coin will survive after screwing over every investor.

Our agreement with Syscoin included a launch window to allow the developers the opportunity to fix any issues that popped up. We are still within that window, and the developers are actively working to resolve those issues. We have stated repeatedly that we will process refunds if the developers fail to deliver a working product, what we are not going to do however, is jump the gun and do that while attempts to resolve are in process.

For the sake of full clarity, we are hereby giving the Syscoin team 48 hours as of 1800 GMT this evening; to deliver a stable and working product. If at 1800 GMT on August 20th, the coin is still in a completely non-usable state (multiple forks, wallet corruption, service issues, mining issues, etc) and no progress has been made; we will begin the process of fully refunding coin holders at ICO rates. If good progress has been made (and only lesser issues remain), we will readdress this issue. If the coin is fully resolved? Great, escrow released. I will be communicating this to the Syscoin team momentarily.       
          Founder // CEO - moolah.io
hero member
Activity: 658
Merit: 500
How Ironic this is how I imagine a physchopath ADHD RITALIN HUNGRY TROLL would post.  Cheesy

Welcome to my Ignore List!   Grin

...have fun with them other RETARDS...

Spoken like a true philomathic, mature adult.  Cheesy

Please excuse smaragda. He probably cant help it, but he appears to have a problem expressing himself coherently. This is his speech bubble made a few weeks ago....





You're nobody if you're not on smaragda's ignore list, I gained the distinction ages ago - welcome to the club  Grin

Smaragda is a fool.
legendary
Activity: 1526
Merit: 1000
the grandpa of cryptos


I see no reason why now, people should be asking for a refund. They're gonna meet the deadline and pass muster. The wallet works. The network works. People got what they paid for. No promises of hiccup free launch. People should take responsibility for their own buying decisions on an unknown currency

^ this!

Actually wallet kinda works.  Having to re-download the blockchain when you close and reopen a wallet isn't right.  Otherwise it just sits in the system tray and can't be accessed.

id say the wallet doesnt work.
thats not how wallets work.

WTF is this fail?!
sr. member
Activity: 244
Merit: 250
Gateways:  is open    Smiley

https://coingateway.net/

Spend Altcoins, Anywhere!

CoinGateway acts as a bridge to enable you to purchase merchandise from retailers who accept only Bitcoin, with their range of supported alternate coins! Choose the coin you would like to spend, then simply enter the recipients Bitcoin address and desired amount and click "Pay Now". They also support a multi Crypto exchange platform where you can cross trade any coin listed in the options



https://coingateway.net/spend-coins.php




Exchange rate

119186.0465 SYS   =   0.512500 BTC / 251.23 USD
legendary
Activity: 2702
Merit: 1030
Yes I am a pirate, 300 years too late!


I see no reason why now, people should be asking for a refund. They're gonna meet the deadline and pass muster. The wallet works. The network works. People got what they paid for. No promises of hiccup free launch. People should take responsibility for their own buying decisions on an unknown currency

^ this!

Actually wallet kinda works.  Having to re-download the blockchain when you close and reopen a wallet isn't right.  Otherwise it just sits in the system tray and can't be accessed.
member
Activity: 72
Merit: 10
Digital Currency fanatic
Bump...

I woke up this morning to see that my solo mining rig had found three blocks, however after taking a look at the the transactions, all 3 had been mysteriously sent with a fee equal to the amount of coins that had just been mined.

EXPLAIN PLEASE!!!


my "syscoind listtransactions" with all the mystery sends

[
    {
        "account" : "",
        "address" : "",
        "category" : "send",
        "amount" : 0.00000000,
        "fee" : 0.00000000,
        "confirmations" : 1805,
        "generated" : true,
        "blockhash" : "665cd1912bedb0071694cd337a0697081910248dad764b33a120b9307e7339b9",
        "blockindex" : 0,
        "blocktime" : 1408417595,
        "txid" : "12f5a1faa51c1e44e423f35900481607b57bc96d7a055d203110f7122debcfe1",
        "time" : 1408417595,
        "data" : "",
        "timereceived" : 1408417622
    },
    {
        "account" : "",
        "address" : "",
        "category" : "send",
        "amount" : 0.00000000,
        "fee" : 0.00000000,
        "confirmations" : 0,
        "generated" : true,
        "txid" : "7695343bbe79dab7422c5498407c4a6e9414171d81bd9bdfe201b9ed929609d8",
        "time" : 1408424092,
        "data" : "",
        "timereceived" : 1408424113
    },
    {
        "account" : "",
        "address" : "",
        "category" : "send",
        "amount" : 0.00000000,
        "fee" : -0.00200000,
        "confirmations" : 1090,
        "blockhash" : "abcf2fc13df96b77c1dbbd73be3cb1a3c13e12c6cabb215b7abc00275e947dd3",
        "blockindex" : 2,
        "blocktime" : 1408466291,
        "txid" : "1d3e7a08519ffed178d355e7cd6f713000fcb56ade08edd2a106c58d5d346f9a",
        "time" : 1408466126,
        "data" : "",
        "timereceived" : 1408466126
    },
    {
        "account" : "",
        "address" : "",
        "category" : "send",
        "amount" : 0.00000000,
        "fee" : 0.00000000,
        "confirmations" : 912,
        "generated" : true,
        "blockhash" : "f8db3b22e8af60f52178e84275c2be61bdad4292bc1c3010e797939312f66b9d",
        "blockindex" : 0,
        "blocktime" : 1408476747,
        "txid" : "6d5b74b5fc458443de564246073cf2ba2d8c44e053e083e8084f9dc0a28bb05b",
        "time" : 1408476747,
        "data" : "",
        "timereceived" : 1408476775
    },
    {
        "account" : "",
        "address" : "",
        "category" : "send",
        "amount" : 0.00000000,
        "fee" : 0.00000000,
        "confirmations" : 911,
        "generated" : true,
        "blockhash" : "67cf2adb1deb798b9ff9b61ea3aea2ffcf66e22a4c14e623f306fa5fd5050a0a",
        "blockindex" : 0,
        "blocktime" : 1408476775,
        "txid" : "0cc110017a944c3cbf0c9609484e4b6c39df3753c707ae63620aea69878d43f9",
        "time" : 1408476775,
        "data" : "",
        "timereceived" : 1408476779
    },
    {
        "account" : "",
        "address" : "",
        "category" : "send",
        "amount" : 0.00000000,
        "fee" : 255.61002040,
        "confirmations" : 757,
        "blockhash" : "cf24319884ab7b5e6d5f64246048ddf00a2c07b0d2bfd7fcbeb89ff7f14b658e",
        "blockindex" : 2,
        "blocktime" : 1408485245,
        "txid" : "a3a28d79b5800f759822ddf4c3daa1b65d14140fb695c2cc20abbce835e4bbc2",
        "time" : 1408485210,
        "data" : "",
        "timereceived" : 1408485210
    },
    {
        "account" : "",
        "address" : "",
        "category" : "send",
        "amount" : 0.00000000,
        "fee" : 0.00000000,
        "confirmations" : 527,
        "generated" : true,
        "blockhash" : "9d57d7edd471d0e779ef8d7dae69dcdda66e2dbf505bdb79ce6366410d13e5dc",
        "blockindex" : 0,
        "blocktime" : 1408498657,
        "txid" : "db276866c80f048fd677a03488f394c688b2dc75408bd6f45ebeafc4b9c2fb4a",
        "time" : 1408498657,
        "data" : "",
        "timereceived" : 1408498676
    },
    {
        "account" : "",
        "address" : "",
        "category" : "send",
        "amount" : 0.00000000,
        "fee" : 127.59402040,
        "confirmations" : 441,
        "blockhash" : "cb2224850347ee1c27e49121c22518629e9bd3d2d8d0a526874f3f64fb12d0de",
        "blockindex" : 8,
        "blocktime" : 1408505224,
        "txid" : "af92d8ad48142c5b2aad1aa2eecc829ad9ad90713b126edd2f834d813c025155",
        "time" : 1408504634,
        "data" : "",
        "timereceived" : 1408504634
    },
    {
        "account" : "",
        "address" : "",
        "category" : "send",
        "amount" : 0.00000000,
        "fee" : 0.00000000,
        "confirmations" : 29,
        "generated" : true,
        "blockhash" : "384d91f594cede0dce686b1dee7c270467a5359d08effc51b4f17b15ca7ec8fd",
        "blockindex" : 0,
        "blocktime" : 1408529268,
        "txid" : "2279a285bc718d5911bab1a72e2eecd2c45486f92a18a5fea6f9a477b44abe13",
        "time" : 1408529268,
        "data" : "",
        "timereceived" : 1408529290
    }
]
newbie
Activity: 42
Merit: 0


I see no reason why now, people should be asking for a refund. They're gonna meet the deadline and pass muster. The wallet works. The network works. People got what they paid for. No promises of hiccup free launch. People should take responsibility for their own buying decisions on an unknown currency

^ this!
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