[ANN] Xenoncoin [XeC] | Multi-PoW | Launch in 15 Minutes | Bounties - page 8.

Xenoncoin

newbie

Activity: 14

Merit: 0

Quote from: ugethit1 on September 11, 2014, 02:23:22 PM

Quote from: Xenoncoin on September 11, 2014, 02:00:49 PM

I suggest you guys calm down and talk to me rationally.

Thanks for this suggestion. I refuse. Now what? Will you be calling my mommy and telling on me? You can take a huge 1500 block premine if you wish. If you do I will make sure everyone knows you have it hanging of the market. You act like I owe you some measure of respect. I don't because your a brand new account who hasn't given me a reason to show you any respect. You have only given me reasons to heckle you. Mainly your huge premine.

a 1500 block premine is literally nothing. Slightly over 50% of ONE DAYS total blocks (2880 per day).

Quote from: hash77away on September 11, 2014, 02:31:38 PM

Quote from: Xenoncoin on September 11, 2014, 01:27:23 PM

Quote from: hellracer2011 on September 11, 2014, 01:23:29 PM

Quote from: ugethit1 on September 11, 2014, 01:18:00 PM

It isn't input. It is fair warning for people to stay away from your shitcoin. We don't need devs holding 25000 blocks of premine over a coin market. No one will place reasonable buy orders so miners can cover there electrical costs plus make even 1% profit. You shitbag devs with huge premines like this need to stop. Make reasonable specs.

+1.

Drop the premine and take it gradually from the blocks mined since it's a very long duration POW coin.

Considered doing this but the reality is that in order to properly promote a coin and pay for new features a premine is needed. How much of the current premine do you think we could dump before killing the market? The idea is to do large giveaways in order to kickstart the blockchain and distrubute XeC in a reasonable manner.

What promotion? It is all about you dumping your 14 days worth of premine and rinse and repeat.

Yeah...I've been planning this coin for a month just so that I can instantly dump my '14 days worth of premine' for 1btc (If the market even supported that sort of buy volume at launch which it wont).

abats

member

Activity: 98

Merit: 10

Thanks for this suggestion. I refuse. Now what? Will you be calling my mommy and telling on me? You can take a huge 1500 block premine if you wish. If you do I will make sure everyone knows you have it hanging over the market. You act like I owe you some measure of respect. I don't because your a brand new account who hasn't given me a reason to show you any respect. You have only given me reasons to heckle you. Mainly your huge premine.

hash77away

full member

Activity: 224

Merit: 100

Quote from: Xenoncoin on September 11, 2014, 01:27:23 PM

Quote from: hellracer2011 on September 11, 2014, 01:23:29 PM

Quote from: ugethit1 on September 11, 2014, 01:18:00 PM

It isn't input. It is fair warning for people to stay away from your shitcoin. We don't need devs holding 25000 blocks of premine over a coin market. No one will place reasonable buy orders so miners can cover there electrical costs plus make even 1% profit. You shitbag devs with huge premines like this need to stop. Make reasonable specs.

+1.

Drop the premine and take it gradually from the blocks mined since it's a very long duration POW coin.

Considered doing this but the reality is that in order to properly promote a coin and pay for new features a premine is needed. How much of the current premine do you think we could dump before killing the market? The idea is to do large giveaways in order to kickstart the blockchain and distrubute XeC in a reasonable manner.

What promotion? It is all about you dumping your 14 days worth of premine and rinse and repeat.

hellracer2011

full member

Activity: 126

Merit: 100

Quote from: bathrobehero on September 11, 2014, 02:15:52 PM

Quote from: Xenoncoin on September 11, 2014, 02:00:49 PM

I understand the coin specs make it difficult to have a premine that looks reasonable. The coin was originally going to have no premine but the reality of the situation is that I've already recieved a full page of PM's of users offering services for bounties, something thats just not possible without a premine.

Like I said we are happy to look at the premine and adjust it but we certainly will not be threatend or bullied so I suggest you guys calm down and talk to me rationally. We can indeed go the charity foundation route but I still feel we would need a premine of 20-30k for initial promotion (maybe then taking 0.1% of each block).

It doesn't matter if you need it for bounties or for blow the thing is we don't trust you with it or any other anon dev and for very good reasons. If you believe in your coin you should invest in it by paying for the bounties (0.0x BTC). Besides, you can take more from every block people still choose that over any amount of premine. Go 1% of every block, nobody will really care as you won't have the ability to crush the market and slap investors in the face. On the other hand if you're really making something great you'll get a nice payment along the way.

If you don't trust your own coin as much to invest a bit then you're just wasting everybody's time, including yours.

Yup. 100% agree.Surely a good dev requires good remuneration then take it from the blocks mined,but initial capital expenditure should be done from the dev's own pocket not from the miners just like a business.

ugethit1

newbie

Activity: 42

Merit: 0

Quote from: Xenoncoin on September 11, 2014, 02:00:49 PM

I suggest you guys calm down and talk to me rationally.

Thanks for this suggestion. I refuse. Now what? Will you be calling my mommy and telling on me? You can take a huge 1500 block premine if you wish. If you do I will make sure everyone knows you have it hanging over the market. You act like I owe you some measure of respect. I don't because your a brand new account who hasn't given me a reason to show you any respect. You have only given me reasons to heckle you. Mainly your huge premine.

bathrobehero

legendary

Activity: 2002

Merit: 1051

ICO? Not even once.

Quote from: Xenoncoin on September 11, 2014, 02:00:49 PM

I understand the coin specs make it difficult to have a premine that looks reasonable. The coin was originally going to have no premine but the reality of the situation is that I've already recieved a full page of PM's of users offering services for bounties, something thats just not possible without a premine.

Like I said we are happy to look at the premine and adjust it but we certainly will not be threatend or bullied so I suggest you guys calm down and talk to me rationally. We can indeed go the charity foundation route but I still feel we would need a premine of 20-30k for initial promotion (maybe then taking 0.1% of each block).

It doesn't matter if you need it for bounties or for blow the thing is we don't trust you with it or any other anon dev and for very good reasons. If you believe in your coin you should invest in it by paying for the bounties (0.0x BTC). Besides, you can take more from every block people still choose that over any amount of premine. Go 1% of every block, nobody will really care as you won't have the ability to crush the market and slap investors in the face. On the other hand if you're really making something great you'll get a nice payment along the way.

If you don't trust your own coin as much to invest a bit then you're just wasting everybody's time, including yours.

Russell1

full member

Activity: 140

Merit: 100

So I would like a pool please

Xenoncoin

newbie

Activity: 14

Merit: 0

I understand the coin specs make it difficult to have a premine that looks reasonable. The coin was originally going to have no premine but the reality of the situation is that I've already recieved a full page of PM's of users offering services for bounties, something thats just not possible without a premine.

Like I said we are happy to look at the premine and adjust it but we certainly will not be threatend or bullied so I suggest you guys calm down and talk to me rationally. We can indeed go the charity foundation route but I still feel we would need a premine of 20-30k for initial promotion (maybe then taking 0.1% of each block).

I'd like to be able to give bounties to users who spam and annoy bittrex/poloniex via twitter/irc. Also had a few competitions in mind that will require XeC

As far as being a MYR clone. Indeed we are based on MYR which isn't a bad thing at all. We would love to merge mine with them later on down the road. As far as Multi-PoW implementations go we felt the Myriad code base had the time and experience behind it that would help secure our own blockchain. We will be moving forward with our own advancements rather than following in their footsteps.

ugethit1

newbie

Activity: 42

Merit: 0

Quote from: Xenoncoin on September 11, 2014, 01:51:02 PM

Okay so if there's anyone reading that has some actual input rather than childish threats and caps lock temper tantrums we would love to hear your feedback.

Do a 2000 coin premine followed by 1% of each block going to a foundation wallet. This will allow you to pay the upfront bounties without having a huge premine hanging over/suppressing the price of the coin on the market. We haven't seen a dev try doing both a small premine plus foundation yet. It could be the answer to longer PoW coins.

bathrobehero

legendary

Activity: 2002

Merit: 1051

ICO? Not even once.

Quote from: Xenoncoin on September 11, 2014, 01:44:30 PM

if scamming was the plan it would be done more elaborately than creating coin specs where I couldn't possibly dump any significant amount of premine before collapsing the market.

Is that supposed to be an argument defending the premine?

What's your stance on taking the premine gradually from every block as they get mined as hellracer recommended?

billotronic

legendary

Activity: 1610

Merit: 1000

Crackpot Idealist

1. 0 post dev
2. Clone of MYR
3. Premine

The only thing you are missing is the self-moderated thread. Only an idiot would mine this.

I hope you contract a venereal disease.

Xenoncoin

newbie

Activity: 14

Merit: 0

Okay so if there's anyone reading that has some actual input rather than childish threats and caps lock temper tantrums we would love to hear your feedback.

bathrobehero

legendary

Activity: 2002

Merit: 1051

ICO? Not even once.

Quote from: ?? on ??

SO ALL THE GUYS RENTING RIGS CAN GET RIPPED OFF

To be fair, if you rent rigs for coins like this, you might as well flush money down the toilet.

ugethit1

newbie

Activity: 42

Merit: 0

Xenoncoin I am going to eat your children. That's a threat. I am going to make sure everyone sees your coin for what it is. That is a promise.

Xenoncoin

newbie

Activity: 14

Merit: 0

Quote from: ?? on ??

THE PREMINE SCAMS DONE WORK ANYMORE YOU STUPID SON OF A BITCH

Well that's handy because we won't be scamming anyone and if scamming was the plan it would be done more elaborately than creating coin specs where I couldn't possibly dump any significant amount of premine before collapsing the market.

Anyway Gonna delay the Launch 24 Hours and make some changes. Obviously not everyone's going to be happy but we maybe able to come to a happy medium. Launch will be Tomorrow 10PM UTC.

Quote from: ugethit1 on September 11, 2014, 01:36:28 PM

Quote from: Xenoncoin on September 11, 2014, 01:33:40 PM

Quote from: ugethit1 on September 11, 2014, 01:28:34 PM

Option A you rethink your position and make a change. Option B we all stomp your shitcoin to death and it never sees a real market. The day a coin like this makes it is the day miners are fucked. We can't have dev's making coins that leave zero profit and only loses for those who mine them.

Happy to look at a 250k premine (0.25%) but take your threats elsewhere as we will not be bullied.

Yay he is willing to lower is 25000 block premine to 12500 blocks. Like I said your coin is DoA. No one places buy orders that are reasonable to the cost of mining when a 12500 block premine hangs over the market.

BTW I didn't threaten your coin. Anyone who knows me knows I don't make threats only promises.

Which is again a threat.

BlackMarket

sr. member

Activity: 322

Merit: 250

Super Smash Bros. Ultimate Available Now!

waiting to launch Grin

ugethit1

newbie

Activity: 42

Merit: 0

Quote from: Xenoncoin on September 11, 2014, 01:33:40 PM

Quote from: ugethit1 on September 11, 2014, 01:28:34 PM

Option A you rethink your position and make a change. Option B we all stomp your shitcoin to death and it never sees a real market. The day a coin like this makes it is the day miners are fucked. We can't have dev's making coins that leave zero profit and only loses for those who mine them.

Happy to look at a 250k premine (0.25%) but take your threats elsewhere as we will not be bullied.

Yay he is willing to lower is 25000 block premine to 12500 blocks. Like I said your coin is DoA. No one places buy orders that are reasonable to the cost of mining when a 12500 block premine hangs over the market.

BTW I didn't threaten your coin. Anyone who knows me knows I don't make threats only promises.

Xenoncoin

newbie

Activity: 14

Merit: 0

Quote from: ugethit1 on September 11, 2014, 01:28:34 PM

Option A you rethink your position and make a change. Option B we all stomp your shitcoin to death and it never sees a real market. The day a coin like this makes it is the day miners are fucked. We can't have dev's making coins that leave zero profit and only loses for those who mine them.

Happy to look at a 250k premine (0.25%) but take your threats elsewhere as we will not be bullied.

ugethit1

newbie

Activity: 42

Merit: 0

Huge premines are like a boot on the market's throat. They leave no room for the market to grow. The threat of that premine being dumped is enough that people won't lay out buy orders. It doesn't matter how honest you claim to be.

ugethit1

newbie

Activity: 42

Merit: 0

Option A you rethink your position and make a change. Option B we all stomp your shitcoin to death and it never sees a real market. The day a coin like this makes it is the day miners are fucked. We can't have dev's making coins that leave zero profit and only loses for those who mine them.

Topic: [ANN] Xenoncoin [XeC] | Multi-PoW | Launch in 15 Minutes | Bounties - page 8. (Read 16516 times)