[ANN] [YC] YellowCoin ★★Pure POS★★ Let's color the MOON !!!1.0.0.3 Updated - page 117.

alakard

member

Activity: 105

Merit: 10

Quote from: Flomess on April 23, 2014, 01:50:06 PM

Quote from: battbot on April 23, 2014, 01:41:50 PM

lol. this coin is premined and has 1 billion supply that is trying to run off the hype of BC and Cinni. anyone paying more than 300 sats for this coin is an idiot and deserves to lose money.

Lets see.
I'll save this post and write you back in 2 weeks Wink

Flomess

hero member

Activity: 705

Merit: 500

Quote from: battbot on April 23, 2014, 01:41:50 PM

lol. this coin is premined and has 1 billion supply that is trying to run off the hype of BC and Cinni. anyone paying more than 300 sats for this coin is an idiot and deserves to lose money.

Lets see.
I'll save this post and write you back in 2 weeks Wink

SecondsOld

sr. member

Activity: 364

Merit: 250

Now listed on Poloniex!

illiki23

sr. member

Activity: 602

Merit: 295

Hail Eris!

Whitecoin was ok.

Bluecoin and Yellowcoin are just the product of greed.

I hope they realize that by not giving enough time before launching their 'color coin' they are reducing the chances that the color coins already launched will succeed.

At least give it a few weeks, or wait until the color coins on the market have entered POS before announcing another coin.

You are damaging color coins in general by releasing too many at once.

Greed. Greed and a lack of respect.

nick777

hero member

Activity: 527

Merit: 500

Quote from: battbot on April 23, 2014, 01:41:50 PM

lol. this coin is premined and has 1 billion supply that is trying to run off the hype of BC and Cinni. anyone paying more than 300 sats for this coin is an idiot and deserves to lose money.

to reach 1 billion coins, have to pass about 70 years

Banger42

sr. member

Activity: 379

Merit: 250

If you look at the block explorer, you can see that 15 Mio Coins are out at the moment.
http://www.yellow-coin.com:1777/chain/YellowCoin

The first block is the 5 Mio premine block.
So the dev holds actually 33% of all coins Cheesy

After the first PoS week, the dev can increase his premine to nearly 13 Mio coins ... Shocked

I'm out.

battbot

hero member

Activity: 616

Merit: 500

lol. this coin is premined and has 1 billion supply that is trying to run off the hype of BC and Cinni. anyone paying more than 300 sats for this coin is an idiot and deserves to lose money.

Radikus

newbie

Activity: 52

Merit: 0

Yet another wallet that does not work on Mac OS X 10.9 (Mavericks).

paniczklos

full member

Activity: 322

Merit: 101

YellowCoin available on Ipominer !!

https://www.ipominer.com/

SeaSoul

sr. member

Activity: 728

Merit: 250

Quote from: @ThisWeeksCoin on April 23, 2014, 01:11:39 PM

Quote from: @ThisWeeksCoin on April 23, 2014, 12:36:24 PM

What's the address where he keeps the premine?

+1

@ThisWeeksCoin

full member

Activity: 196

Merit: 100

Quote from: @ThisWeeksCoin on April 23, 2014, 12:36:24 PM

What's the address where he keeps the premine?

drumingspz

sr. member

Activity: 392

Merit: 250

Got my sig in on it. When will the website be ready for us to post our profile info?

nick777

hero member

Activity: 527

Merit: 500

Quote from: TrollboxChamp on April 23, 2014, 12:38:18 PM

Was going to get involved but realized dev has 4.1% premine.

Kiss

Day 1 (POW): Blocks 1-4320 - 1000 YC =4320000 YC
Day 2-7 (POW): Blocks 4321-30240 - 4,000 YC=103680000 YC

TOTAL POW =108000000 YC (108 MILLIONS YC)

Day 8-17 (POS): Nominal Stake Interest: 10% Daily
DAY 8=108000000 + 10%=118800000 YC
DAY 9=118800000 + 10%=130680000 YC
DAY 10=130680000 + 10%=143748000 YC
DAY 11=143748000 + 10%=158122800 YC
DAY 12=158122800 + 10%=173935080 YC
DAY 13=173935080 + 10%=191328588 YC
DAY 14=191328588 + 10%=210461446 YC
DAY 15=210461446 + 10%=231507590 YC
DAY 16=231507590 + 10%=254658349 YC
DAY 17=254658349 + 10%=280124183 YC

TOTAL POS =280124183 YC (280 MILLIONS YC)

Day 18- (POS): Nominal Stake Interest: 3.65% Annually approximate 9000000 (9 millions) per year
After first year, will be approximate 289 -290 millions coins, to reach 1 billion coins, have to pass about 70 years...in the end , after POS time and first year, will be maximum about 290 millions coins.

4.1% premine. after the 70 years POS

Bitcoin_Mafia

member

Activity: 112

Merit: 10

Awesome coin. Just wish I'd known about it pre-launch so I could have been prepared

Anyway, I did a little writeup
about YC here if you're interested:

https://forums.chunkypools.com/t/recommendation-yellowcoin/101

Cheers!

sunquick1

newbie

Activity: 28

Merit: 0

hey guys! about the giveaway... i cant add the sentense + wallet address it is too big and the forum just remove last few digits. what should i do?

Flomess

hero member

Activity: 705

Merit: 500

Of which 1 mil will be given away before the POS kicks in

slan7777

newbie

Activity: 39

Merit: 0

7 days......

TrollboxChamp

sr. member

Activity: 462

Merit: 250

Was going to get involved but realized dev has 4.1% premine.

Kiss

rudius

member

Activity: 84

Merit: 10

Quote from: Philll90 on April 21, 2014, 05:37:26 PM

Quote from: littlewizard on April 21, 2014, 05:09:15 PM

Quote from: niothor on April 21, 2014, 06:11:31 AM

So , we've got another clone of a somewhat success story , mine for a few days pow then pos .... what's next multipool?
A generous 0.5% premine for the dev to make all the people wonder when will he dump...

And nothing else.

Another thing i have notice, so in 7 days all the coins being mined is:
60,000X2,000=120,000,000 coins, 120 million, only 12% of the total coins (1 billion) mentioned in OP.
When the OP mention 0.5% premine, i guess it is 0.5% of 1 billion, which is 5 million coins, which is more than 4.1% of premine.
It seems they are good at making tricks about numbers.
Watch out.

Yeah and with 10 days POS of 10% minting each day, he will double his premine to 10 million coins. So 4.1% is the premine not only for the time after POW, but for the whole time until he dumps all of them. More than 4.1% real premine...WOW!!

I hope you guys don't support the intention of the dev of quick getting rich, because with this coin only 1 person will make nice profits...

Actually, with compounding interest (10% daily) they will multiply the 4.1% premine by 2,8, more than 10% premine... There sure know how to trick the number

@ThisWeeksCoin

full member

Activity: 196

Merit: 100

What's the address where he keeps the premine?

Topic: [ANN] [YC] YellowCoin ★★Pure POS★★ Let's color the MOON !!!1.0.0.3 Updated - page 117. (Read 186669 times)