Topic: [ANN] [WACG] WACCOIN GOLD **POOL WORKING** - page 7. (Read 39032 times)

And I see Martin's name is no longer in the OP as CEO.  Is he gone also?

We want to know if it is all the same, WAC Minerals is behind this coin, there is still intention to back it with precious metal, the bank/loans etc.  Your loss on this was just technical staff yes?  These things with being backed by precious metals we do not have with paper money banks, and gives you a real edge.

What is exactly what you want to know?

So the company is still backing you?  Investors?  At least that is what I sense as you are in the know but cannot share information until you are authorized to do so.  So cool you are still intact but without the brain trust at the moment, that can change in a NY minute you know, and your in the right place to find some help regarding digital currency, all you have to do is ask, this is part of community and the concept of the olive branch.  Eventually it would be good to know who abandoned you, as that happened before in your endeavor into this type of currency shared by your predecessor via pm, that needs to be sorted out as it could have been a second wind scam on you since you have backing, community needs to know if we need to weed anyone out.  You be straight with us, we'll be straight with you, deal?

I am sorry i cannot answer that question yet, i am waiting for the new post to put in the main page, the thing is that the person who left the company had a team, so we are short of people, it was unexpected and we are trying to manage it, please have some patience and all the question will be answered.

Let's be realistic, they cannot set a defined price to something that is traded on an open market, they can set a goal but setting that in stone just can't happen.

Anything that can be done with paper money banking can be done with a digital currency and there's no shortage of corrupt international paper money banks out there.

Mine again?  I don't see anyone holding a gun to your head either way, but it looks like they've had a tough start and they are still trying.  Gotta give them some credit for perseverance.

I myself am mining it even though I see them to be potentially guarded, by what the dev said they may have taken more of the hit to their team than they have let on but these coins are about community participation too ya know.  What I mean by guarded is there is no mention of corporate backing, WAC Minerals etc on the first post anymore but that could be that the dev lead was more of a PR type guy.

One more question, out of that 200,000 WACG premine, what % goes to the DEVs, what % goes to bounties and what % goes to repay coins lost again?

Posting the premine address doesn't do squat without a proper blockchain explorer.  I can't see how the loan thing will fly, we are an international bunch here.  How is a company in the UK going to collect a default on a loan from someone in China?  If you collect BTC or even WACG as collateral, why would they take a loan against it?

How are you going to deal with the coins in wallets, at exchanges, at pools and missing in cyberspace?

I take it by your post the the rewards are still going to be a fraction of a WACG, do you still hold that WACG $10/coin price should be the standard?

I guess most of all the question is, why should we mine this coin AGAIN?  and will IMJim ever get his 4 coin that he was shorted.

Gotta post that premine addy dude, the people want to see those coins there and how they are spent.  You gotta share that to gain some trust.  They've had a bumpy ride with two blockchain resets so I think they have that much coming.

Hello, to answer your questions: The coin is absolutely the same than before, not his has been changed, the address will be published but i am working in a better block crawler because the one that we have now will not be useful to track the transactions.
About the safety now i made some changes and nobody excel me has access to any important information or access to any server or storage.
I am working on an online wallet and some other things, we will be here and we will keep moving on.

I will accept every kind of suggestions, or help if somebody volunteers for that will be properly rewarded.

This coin is a long term investment, as it said in the official announce: after the bank and all the system is working there will be 5% of the mining company revenue to share with the coin holders (of course it will depend on the amount of coins you have the par that you'll get), Other interesting thing is the loans that will be made to the users ( of course you will also need some real warranty to get it, but the loans will be with 0% interest)

If you want you can write to me, i will send you an excel file to calculate mining profit, but i believe you will make more with waccoin gold, in the beginning of every coin is where you take more risk and of course when you can get more money.   

** I never despaired, you can check the announce its being changed nearly every day, but i hope you understand that in the situation that i am now i hardly have time to sleep, i am alone compiling every wallet, changing every node, i am sorry but till i finish i am a bit short of time

Being that what they said happened was theft of 90k coins, they might not have been able to chase it through the blockchain depending on how complex the theft process was.  They are short a guy on the dev team now and the shortest path to stop all the complaining here was to push through with a blockchain reset fast.  That means they had to recompile the source code with a new genesis block and update and reset the nodes.  They are probably enjoying getting away from here and the general subject of it for a bit, I know I would.  I think they have some balls introducing a bank into this, this shit happens with paper money banks all the time because of the corruptible human factor but it is the most compatible with the monetary system we presently have, but maybe the bank/loan institution can be fully coded at a later date to fix that.

Hmmm, it's been 3 weeks since the "CEO" of this coin has been online here.  The DEV team has been very quiet the past few days.

Any news guys???

With the re-release of WACG, can you tell us what differences are going to be made?  Before I commit resources to this coin (again) I would like to know...

Premine, how much?
Reward for mining, how much?
Will the premine address be published as soon as a block explorer is up?
What is the team going to do to insure the stability of the blockchain?
What is the team going to do to insure the safety of the premine?
What is the team going to do in the short term/long term to support the coin?

These questions NEED to be answered by the DEV team.  Just resetting the genesis block, taking a HUGE premine, and saying OK things are back to normal isn't going to cut it this time.  I (an I'm sure everyone else) would like to see a plan for this coin.  There are a few of us who have been here since the beginning.  Depending on the answers I can give the coin up to 100 Mh/s, providing it's worth my time moving it from the multi-pool.  Right now it's making $25-$30/day for 85 Mh/s.  Prove to me that WACG will equal or exceed that and you'll have my hash.

Might want to include that http://wacc.pool.mn mining pool is still running a wallet with the old genesis block on your opening post.  There appears to be a user there and is reporting that network/pool hash is 23MH/s at a block height of 10136.  You also might want to put up the notice and reasoning as to why you had to reset the genesis block, noted there are clients connecting with mine that are still unaware and may lose their coins if they find out the hard way.

Thank you, coins recv'd.   

WORE

Ah c'mon man, nothing good comes easy!

Yes you are right its 3, believe me, i am not happier than you, but its like this...

Um, me thinks this is at least ver 2.5 or maybe even 3.0   

What a fucking joke!  Lies after lies, disaster after disaster.  You have the balls to say your are pissed at your most loyal follower?!  You guys bounce the blame around between yourselves like fucking kindergartners!  Madmarty has been your MOST loyal member since day one and you have given him and ALL of us MUCH MUCH reason to BITCH as you put it, you owe this man a fucking apology for that comment man and you still owe me 4 fucking coins!

FYI - YOU WERE THE ONE THAT PROMISED MY COINS back and now blame it on someone else?!  You make me chase you fucks around for over 2 weeks just to be shorted on what you promised me, now come on here blaming it on someone else.  This is a fucking JOKE, as has been this entire ordeal!!!!

I personally feel horrible for madmarty!  I mined this coin for a very short period the day it launched and knew immediately this coin had serious problems and as such, moved my PRECIOUS resources elsewhere and everyday since hoped I would come here and see madmarty had come to the same conclusion and moved his PRECIOUS resources elsewhere, but he did not.  He stayed faithful to this fucking joke of a launch and you have the fucking nerve to say you are pissed at HIM?!  WOW dude.......WOW!  Again, YOU OWE THIS MAN AN APOLOGY!!

"and after dumped in the markets causing injury to the community and the company"  CLEARLY a fucking lie!  We all knew it the moment we read it as this coin has only seen around 100 or less coins sold, now you say the thief only dumped 20 coins.......but yet your OP still shows this LIE.  20 coins dumped on a coin that has this ridiculous total count and it "hurt the coin and community", sounds like you are saying a firecracker blew up that planet:-)

Your STUPID STUPID STUPID comment the other day about Waccoin Silver being a "trial coin", oh boy dude........that one REALLY pissed me and others off!!!  I was not involved with that coin (thank god!), in fact did not even hear about it till a few days ago.......but I was still VERY pissed at reading those words!  Guess we are looking at another FAILED "trial coin", who the fuck in their right minds is going to trust you people after reading that shit?!?  A fucking TRIAL.......did your announcement thread for that coin say it was a trial?!  I bet NOT, I bet it was similar to this one.......full of fucking lies and bullshit!

Personally I will be doing everything I can to warn people to stay the fuck away from this shit show and your "company"!