[ANN] [YC] YellowCoin ★★Pure POS★★ Let's color the MOON !!!1.0.0.3 Updated - page 72.

GREEDYJOHN

legendary

Activity: 1778

Merit: 1000

Quote from: Michael Humis on May 04, 2014, 08:53:32 AM

Quote from: rudius on May 04, 2014, 08:33:01 AM

Quote from: GREEDYJOHN on May 04, 2014, 07:08:10 AM

DEV should have kept at least 3m YC for himself. This way, he can set up price walls on major exchanges, so that YC is NEVER UNDERVALUED.

Explain to me how dev could set buy wall with 3m YC.

To put some buy wall you must have BTC. With this many YC, he can only put sell walls. 3m YC is 11% of currently available coins. This is a huge financial power for the coin. Nobody with half a brain will invest in it.

You are correct. No need to bother him. He was just trolling.

I WAS SERIOUS. With 3m YC, you can manipulate the market, if you also possess bitcoin. This is not relevant anymore, because DEV only has 750,000 YC from the premine left.

cryptobear

newbie

Activity: 45

Merit: 0

Multipool profit is 1704.5781 YC per Mh/s * day on scrypt.
http://50.19.166.179

Michael Humis

newbie

Activity: 31

Merit: 0

Quote from: rudius on May 04, 2014, 08:33:01 AM

Quote from: GREEDYJOHN on May 04, 2014, 07:08:10 AM

DEV should have kept at least 3m YC for himself. This way, he can set up price walls on major exchanges, so that YC is NEVER UNDERVALUED.

Explain to me how dev could set buy wall with 3m YC.

To put some buy wall you must have BTC. With this many YC, he can only put sell walls. 3m YC is 11% of currently available coins. This is a huge financial power for the coin. Nobody with half a brain will invest in it.

You are correct. No need to bother him. He was just trolling.

ouchmefoot

full member

Activity: 198

Merit: 100

Quote from: rudius on May 04, 2014, 08:30:11 AM

I m not saying you are hiding anything.

But let face it, it is a huge part of the available coins. You have 5000000 coins from the premine. Since you didn t give us the address of the premine, we can assume that you are staking them at 10% daily.

Ok, maybe not all 5,000,000. So let s say you will just double the premine instead of *2,8.

So now you have 10,000,000 coins and there is 26,529,417 coins supply according from coinmarketcap. That is roughly 30% of premine with the current coins available.
I call that a huge premine and that s the reason why no big players will come to play with you.

Rudius your logic is very flawed.

Firstly, most of the premine is already given away.Secondly, coinmarketcap is 27M NOW but will increase a lot in the next ten days probably to around 60M

If the remaming premine was FULLY staked for 10 days it would give the dev approx 1.8 million coins which is 3%, not 30%

And that's the very highest percent. Actual % is probably much lower so give the guy a break. It is very much in the devs interest to promote the coin and increase it's value.

rudius

member

Activity: 84

Merit: 10

Quote from: GREEDYJOHN on May 04, 2014, 07:08:10 AM

DEV should have kept at least 3m YC for himself. This way, he can set up price walls on major exchanges, so that YC is NEVER UNDERVALUED.

Explain to me how dev could set buy wall with 3m YC.

To put some buy wall you must have BTC. With this many YC, he can only put sell walls. 3m YC is 11% of currently available coins. This is a huge financial power for the coin. Nobody with half a brain will invest in it.

rudius

member

Activity: 84

Merit: 10

Quote from: YCproject on May 04, 2014, 06:57:08 AM

Quote from: placebo on May 04, 2014, 06:03:05 AM

Quote from: rudius on May 04, 2014, 05:53:31 AM

Quote from: placebo on May 04, 2014, 05:31:05 AM

When you check that Yellow coin only have a marketcap of $70K, and shitcoin like Whitecoin has $900k and Blackcoin $10,000K, then i'm sure that we are pretty undervalued. Now that we have a multipool too... people cannot mine anymore, so it all depends on us, when we want to sell our coins, if there are a few big bag holders holding on, then we can see 5000sats.

Any thoughts about the huge premine?

Do you think big players will find it interesting to invest in YC with this many coins belonging to one person?

I would like some insight on this please.

What are you talking about?

Premine: 0.5% for Dev support, future development and marketing

Is 0.5% huge? Can i ask you a question?

How many hours do you think that DEV is working on his coin? Do he need to do this for free? Are you also working for free in real life?

Quote from: YCproject on April 25, 2014, 02:42:50 PM

Quote from: YCproject on April 23, 2014, 10:08:42 PM

Quote from: hammerbrain on April 23, 2014, 09:41:34 PM

Quote from: kingimg on April 23, 2014, 09:39:14 PM

It is time for the dev to give the premind wallet address!

+1 but won't happen.....guaranteed Cheesy

Hi folks, as OP state we remine 0.5%(that's 5 M) from day ONE, we can do whatever we want with OUR COIN. We also state we only do things that can add value for YC. Where is our coins now? Seems explain the detaill can help for adding value, then we will do it:

50K to YAbr1PTAvDni9zoF9cMUa93ZtY4dFmCn7Y for Mac qt bounty
2k to Y4kAPZnoynfbYi7YKN7damrNVcLku5HxZv for YC fuacert
1M to YFMgB7NMsjKGvjZmKwpgax57AAXhT6girh for Marketing partner in USA
1M to YHKLkGucuvcRaQP4tBQT4cP2kgYLksBJHw for Our full-time team number(3 Devs+2 Designers+1 marketer)
1M to YPKXY5TZZXbHiabGbkKYKDGVupLuz7FNjb for 1M giveway
200K to Y4zaf8zM3dqSNuTUkzV6pJm7xYKBjBN5qq for marketing in QQ group

Still 1.75M stay in our wallet for continue Dev ,Bounties and marketing:
500K bounty for the frst Multipool dedicated to YC.
Second giveaway
Cover cost to buy Dice code (1 BTC)
Node servers cost (more than $1 K per month)
Dev more applications
Adroind wallet bounty
Continue QQ group marketing
PR marketing

and so on just 1.75M YC we can use.

Update for our premined YC:

1,750,000
500,000 - multipool bounty
200,000 - A game site for YC
100,000 - 1 BTC for Dice code
100,000 - For Blackcoin marketing team in China
100,000 - Androind wallet bounty

We still have 750,000 YC for Dev, bounties and marketing.

Let's color the MOON

With only the 750,000 YC, we still have to pay 2.5 BTC and more BTC from our own wallet. Why still you think we have HUGE premined YC in this case?

+ 1 BTC for the mutipool bounty.
+ 1.5 BTC for the MintPal payment votes.

We are not hide anything, you got ABE explorer, source code from day one.

I m not saying you are hiding anything.

But let face it, it is a huge part of the available coins. You have 5000000 coins from the premine. We can assume that you are staking them at 10% daily.

Ok, maybe not all 5,000,000. So let s say you will just double the premine instead of *2,8.

So now you have 10,000,000 coins and there is 26,529,417 coins supply according from coinmarketcap. That is roughly 30% of premine with the current coins available.
I call that a huge premine and that s the reason why no big players will come to play with you.

ouchmefoot

full member

Activity: 198

Merit: 100

Quote from: Little_boo on May 04, 2014, 08:17:43 AM

Quote from: cryptobear on May 04, 2014, 04:25:57 AM

I made YC multipool:
http://50.19.166.179/
scrypt & x11

Explain to me why you need multipul if POW generation has already ended?

Most multipools work like this:

1. You mine whatever is most profitable at the time e.g. whatever is top of coinwarz
2. You sell what is mined for BTC
3. You use the BTC to buy YC
4. Distribute the YC to the miners based upon how much they hashed

This has the effect of giving the miner more YC and pushes the price up because of the purchases in step 3.

HTH

Little_boo

hero member

Activity: 795

Merit: 503

Quote from: cryptobear on May 04, 2014, 04:25:57 AM

I made YC multipool:
http://50.19.166.179/
scrypt & x11

Explain to me why you need multipul if POW generation has already ended?

zidansz

full member

Activity: 165

Merit: 101

Quote from: GREEDYJOHN on May 04, 2014, 07:08:10 AM

DEV should have kept at least 3m YC for himself. This way, he can set up price walls on major exchanges, so that YC is NEVER UNDERVALUED.

11% at now

ando0022

member

Activity: 98

Merit: 10

Quote from: MCOnyx on May 04, 2014, 07:27:09 AM

I got some coins from stake last night, but still showing unconfirmed, for 14 hours now. Any idea?

some blocks are orphan, someone has transmitted this block faster than u.
good luck to "your" next try to stake.
(we all have some orphans, but you should have much more accepted as orphans in your Transaction history)

MCOnyx

full member

Activity: 177

Merit: 100

I got some coins from stake last night, but still showing unconfirmed, for 14 hours now. Any idea?

GREEDYJOHN

legendary

Activity: 1778

Merit: 1000

DEV should have kept at least 3m YC for himself. This way, he can set up price walls on major exchanges, so that YC is NEVER UNDERVALUED.

ZPserge

sr. member

Activity: 382

Merit: 250

Quote from: Specialkey on May 03, 2014, 06:11:26 PM

What has the stakeing to do with the cpu? Is this cpu mining?
If it is so is there a parallel with cpu power and stakeing amount?
Cause if I have a fast cpu I dont get so many orphans?

Ths for advice

nothing in common.

YCproject

member

Activity: 98

Merit: 10

Quote from: placebo on May 04, 2014, 06:03:05 AM

Quote from: rudius on May 04, 2014, 05:53:31 AM

Quote from: placebo on May 04, 2014, 05:31:05 AM

When you check that Yellow coin only have a marketcap of $70K, and shitcoin like Whitecoin has $900k and Blackcoin $10,000K, then i'm sure that we are pretty undervalued. Now that we have a multipool too... people cannot mine anymore, so it all depends on us, when we want to sell our coins, if there are a few big bag holders holding on, then we can see 5000sats.

Any thoughts about the huge premine?

Do you think big players will find it interesting to invest in YC with this many coins belonging to one person?

I would like some insight on this please.

What are you talking about?

Premine: 0.5% for Dev support, future development and marketing

Is 0.5% huge? Can i ask you a question?

How many hours do you think that DEV is working on his coin? Do he need to do this for free? Are you also working for free in real life?

Quote from: YCproject on April 25, 2014, 02:42:50 PM

Quote from: YCproject on April 23, 2014, 10:08:42 PM

Quote from: hammerbrain on April 23, 2014, 09:41:34 PM

Quote from: kingimg on April 23, 2014, 09:39:14 PM

It is time for the dev to give the premind wallet address!

+1 but won't happen.....guaranteed Cheesy

Hi folks, as OP state we remine 0.5%(that's 5 M) from day ONE, we can do whatever we want with OUR COIN. We also state we only do things that can add value for YC. Where is our coins now? Seems explain the detaill can help for adding value, then we will do it:

50K to YAbr1PTAvDni9zoF9cMUa93ZtY4dFmCn7Y for Mac qt bounty
2k to Y4kAPZnoynfbYi7YKN7damrNVcLku5HxZv for YC fuacert
1M to YFMgB7NMsjKGvjZmKwpgax57AAXhT6girh for Marketing partner in USA
1M to YHKLkGucuvcRaQP4tBQT4cP2kgYLksBJHw for Our full-time team number(3 Devs+2 Designers+1 marketer)
1M to YPKXY5TZZXbHiabGbkKYKDGVupLuz7FNjb for 1M giveway
200K to Y4zaf8zM3dqSNuTUkzV6pJm7xYKBjBN5qq for marketing in QQ group

Still 1.75M stay in our wallet for continue Dev ,Bounties and marketing:
500K bounty for the frst Multipool dedicated to YC.
Second giveaway
Cover cost to buy Dice code (1 BTC)
Node servers cost (more than $1 K per month)
Dev more applications
Adroind wallet bounty
Continue QQ group marketing
PR marketing

and so on just 1.75M YC we can use.

Update for our premined YC:

1,750,000
500,000 - multipool bounty
200,000 - A game site for YC
100,000 - 1 BTC for Dice code
100,000 - For Blackcoin marketing team in China
100,000 - Androind wallet bounty

We still have 750,000 YC for Dev, bounties and marketing.

Let's color the MOON

With only the 750,000 YC, we still have to pay 2.5 BTC and more BTC from our own wallet. Why still you think we have HUGE premined YC in this case?

+ 1 BTC for the mutipool bounty.
+ 1.5 BTC for the MintPal payment votes.

We are not hide anything, you got ABE explorer, source code from day one.

flippo

member

Activity: 96

Merit: 10

Quote from: flippo on May 02, 2014, 01:01:02 PM

Guys, why are there unconfirmed transactions in my wallet? Will they get confirmed after a while or are those coins lost?

Finally I received some as well few hours ago.

placebo

legendary

Activity: 1120

Merit: 1000

Quote from: rudius on May 04, 2014, 05:53:31 AM

Quote from: placebo on May 04, 2014, 05:31:05 AM

When you check that Yellow coin only have a marketcap of $70K, and shitcoin like Whitecoin has $900k and Blackcoin $10,000K, then i'm sure that we are pretty undervalued. Now that we have a multipool too... people cannot mine anymore, so it all depends on us, when we want to sell our coins, if there are a few big bag holders holding on, then we can see 5000sats.

Any thoughts about the huge premine?

Do you think big players will find it interesting to invest in YC with this many coins belonging to one person?

I would like some insight on this please.

What are you talking about?

Premine: 0.5% for Dev support, future development and marketing

Is 0.5% huge? Can i ask you a question?

How many hours do you think that DEV is working on his coin? Do he need to do this for free? Are you also working for free in real life?

rudius

member

Activity: 84

Merit: 10

Quote from: placebo on May 04, 2014, 05:31:05 AM

When you check that Yellow coin only have a marketcap of $70K, and shitcoin like Whitecoin has $900k and Blackcoin $10,000K, then i'm sure that we are pretty undervalued. Now that we have a multipool too... people cannot mine anymore, so it all depends on us, when we want to sell our coins, if there are a few big bag holders holding on, then we can see 5000sats.

Any thoughts about the huge premine?

Do you think big players will find it interesting to invest in YC with this many coins belonging to one person?

I would like some insight on this please.

placebo

legendary

Activity: 1120

Merit: 1000

When you check that Yellow coin only have a marketcap of $70K, and shitcoin like Whitecoin has $900k and Blackcoin $10,000K, then i'm sure that we are pretty undervalued. Now that we have a multipool too... people cannot mine anymore, so it all depends on us, when we want to sell our coins, if there are a few big bag holders holding on, then we can see 5000sats.

akkawa

newbie

Activity: 18

Merit: 0

Quote from: cryptobear on May 04, 2014, 04:25:57 AM

I made YC multipool:
http://50.19.166.179/
scrypt & x11

thanks for multipool. I will try.

cryptoba

sr. member

Activity: 435

Merit: 250

YellowCoin's POS is working great !

Thanks YCproject for the nice upgrade Wink

Topic: [ANN] [YC] YellowCoin ★★Pure POS★★ Let's color the MOON !!!1.0.0.3 Updated - page 72. (Read 186649 times)