[ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" - page 245.

cjmoles

legendary

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Quote from: Domrada on November 15, 2015, 06:14:14 PM

At this point I am discussion weary. I don't care what we do as long as the final decision comes soon. I will support whatever dooglus wants to do.

Yes. Me too. I only hope that he is listening to our concerns and has the community in mind. I hope that his decision isn't based on personal gain, especially if it's at the expense of some of the projects loyal members.

BayAreaCoins

legendary

Activity: 4018

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Owner at AltQuick.com

Quote from: ?? on ??

Quote from: Domrada on November 15, 2015, 06:14:14 PM

At this point I am discussion weary. I don't care what we do as long as the final decision comes soon. I will support whatever dooglus wants to do.

+1 i am also in favor of this.

I bet you are Roll Eyes

thinkpad99

sr. member

Activity: 654

Merit: 250

good coin, i buy

Domrada

sr. member

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Merit: 250

At this point I am discussion weary. I don't care what we do as long as the final decision comes soon. I will support whatever dooglus wants to do.

cjmoles

legendary

Activity: 1176

Merit: 1017

This is hyperbole, say they chose a point way back in the ledger where they held the dominant share....that wouldn't be an equal re-distribution. And, neither is choosing block 730,000! The distribution is NOT equal....some will have their investment halved (because of market cap and price dumps) while others will have their investment doubled (because they will dump one to preserve the other)!

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: cjmoles on November 15, 2015, 04:16:50 PM

So, what's the difference when big banks create new money out of thin air and when clam doubles it's coin volume out of thin air?

When banks create money of thin air doesn't go proportionately to the people already holding the existing money, it goes to some insiders when then profit on distributing it at a higher price. The two are completely different.

The only issue here is whether it is legitimate to exclude the people who already own undug CLAMs. I don't believe it is but clearly some people do believe that, so let them create their own coin with their own idea of what the rules should be.

Gladimor

legendary

Activity: 1050

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It's amazing how the words of a single man have divided the community and made the markets bleed.

cryptoPrecise

member

Activity: 69

Merit: 100

Cryptocurrencies since 2013 @cryptoPrecise

Quote from: cjmoles on November 15, 2015, 05:23:59 PM

Quote from: cryptoPrecise on November 15, 2015, 05:14:00 PM

Quote from: cjmoles on November 15, 2015, 05:08:15 PM

Quote from: randayh on November 15, 2015, 04:57:09 PM

Quote from: cryptoPrecise on November 15, 2015, 04:48:02 PM

Quote from: danonthehill on November 15, 2015, 04:43:10 PM

If 1:1 swap or burn is technically not possible, or just forking to disable further digging is also not possible, then new token with fair open distribution to all will be necessary to avoid potential fud accussations in the future (however baseless they may be) and encourage and grow a new user base whilst retaining the old.

Then, as smooth proposed, the future block solution is the best way to protect the investors.

Quote from: cryptoPrecise on November 15, 2015, 04:48:02 PM

Quote from: danonthehill on November 15, 2015, 04:43:10 PM

If 1:1 swap or burn is technically not possible, or just forking to disable further digging is also not possible, then new token with fair open distribution to all will be necessary to avoid potential fud accussations in the future (however baseless they may be) and encourage and grow a new user base whilst retaining the old.

Then, as smooth proposed, the future block solution is the best way to protect the investors.

Haven’t investors already been harmed by this doggery. Or should I say doogery? Has this already allowed manipulation and profit to be gained by insiders? What if there is an announcement that nothing will change. Would someone get an insider advantage to profit from a resulting trade. Either way or outcome, this has already caused long term damage.

Yup, I agree! This coin is extremely unstable and precarious. There is too much manipulation and it wouldn't be a project that could sustain a long term support base....The manipulation is alienating the community and any future investments in this project would be ridiculous! One never knows what surprises will occur next!

seems like you have sold and left then good luck to you. Here holders are deciding CLAMs future.

No...actually....I invested them all into a HYIP doubler ponzi because I think that is my best bet at this point in the game. They're stuck for awhile but once my investment becomes mature, I WILL be dumping in the hopes that I will at least receive a portion of my original investment back so that I can invest in a real alt project like DASH!

Then chill and wait for things to get sorted.

cjmoles

legendary

Activity: 1176

Merit: 1017

Quote from: cryptoPrecise on November 15, 2015, 05:14:00 PM

Quote from: cjmoles on November 15, 2015, 05:08:15 PM

Quote from: randayh on November 15, 2015, 04:57:09 PM

Quote from: cryptoPrecise on November 15, 2015, 04:48:02 PM

Quote from: danonthehill on November 15, 2015, 04:43:10 PM

If 1:1 swap or burn is technically not possible, or just forking to disable further digging is also not possible, then new token with fair open distribution to all will be necessary to avoid potential fud accussations in the future (however baseless they may be) and encourage and grow a new user base whilst retaining the old.

Then, as smooth proposed, the future block solution is the best way to protect the investors.

Quote from: cryptoPrecise on November 15, 2015, 04:48:02 PM

Quote from: danonthehill on November 15, 2015, 04:43:10 PM

If 1:1 swap or burn is technically not possible, or just forking to disable further digging is also not possible, then new token with fair open distribution to all will be necessary to avoid potential fud accussations in the future (however baseless they may be) and encourage and grow a new user base whilst retaining the old.

Then, as smooth proposed, the future block solution is the best way to protect the investors.

Haven’t investors already been harmed by this doggery. Or should I say doogery? Has this already allowed manipulation and profit to be gained by insiders? What if there is an announcement that nothing will change. Would someone get an insider advantage to profit from a resulting trade. Either way or outcome, this has already caused long term damage.

Yup, I agree! This coin is extremely unstable and precarious. There is too much manipulation and it wouldn't be a project that could sustain a long term support base....The manipulation is alienating the community and any future investments in this project would be ridiculous! One never knows what surprises will occur next!

seems like you have sold and left then good luck to you. Here holders are deciding CLAMs future.

No...actually....I invested them all into a HYIP doubler ponzi because I think that is my best bet at this point in the game. They're stuck for awhile but once my investment becomes mature, I WILL be dumping in the hopes that I will at least receive a portion of my original investment back so that I can invest in a real alt project like DASH!

cryptoPrecise

member

Activity: 69

Merit: 100

Cryptocurrencies since 2013 @cryptoPrecise

Quote from: cjmoles on November 15, 2015, 05:08:15 PM

Quote from: randayh on November 15, 2015, 04:57:09 PM

Quote from: cryptoPrecise on November 15, 2015, 04:48:02 PM

Quote from: danonthehill on November 15, 2015, 04:43:10 PM

If 1:1 swap or burn is technically not possible, or just forking to disable further digging is also not possible, then new token with fair open distribution to all will be necessary to avoid potential fud accussations in the future (however baseless they may be) and encourage and grow a new user base whilst retaining the old.

Then, as smooth proposed, the future block solution is the best way to protect the investors.

Quote from: cryptoPrecise on November 15, 2015, 04:48:02 PM

Quote from: danonthehill on November 15, 2015, 04:43:10 PM

If 1:1 swap or burn is technically not possible, or just forking to disable further digging is also not possible, then new token with fair open distribution to all will be necessary to avoid potential fud accussations in the future (however baseless they may be) and encourage and grow a new user base whilst retaining the old.

Then, as smooth proposed, the future block solution is the best way to protect the investors.

Haven’t investors already been harmed by this doggery. Or should I say doogery? Has this already allowed manipulation and profit to be gained by insiders? What if there is an announcement that nothing will change. Would someone get an insider advantage to profit from a resulting trade. Either way or outcome, this has already caused long term damage.

Yup, I agree! This coin is extremely unstable and precarious. There is too much manipulation and it wouldn't be a project that could sustain a long term support base....The manipulation is alienating the community and any future investments in this project would be ridiculous! One never knows what surprises will occur next!

seems like you have sold and left then good luck to you. Here holders are deciding CLAMs future.

cjmoles

legendary

Activity: 1176

Merit: 1017

Quote from: randayh on November 15, 2015, 04:57:09 PM

Quote from: cryptoPrecise on November 15, 2015, 04:48:02 PM

Quote from: danonthehill on November 15, 2015, 04:43:10 PM

If 1:1 swap or burn is technically not possible, or just forking to disable further digging is also not possible, then new token with fair open distribution to all will be necessary to avoid potential fud accussations in the future (however baseless they may be) and encourage and grow a new user base whilst retaining the old.

Then, as smooth proposed, the future block solution is the best way to protect the investors.

Quote from: cryptoPrecise on November 15, 2015, 04:48:02 PM

Quote from: danonthehill on November 15, 2015, 04:43:10 PM

If 1:1 swap or burn is technically not possible, or just forking to disable further digging is also not possible, then new token with fair open distribution to all will be necessary to avoid potential fud accussations in the future (however baseless they may be) and encourage and grow a new user base whilst retaining the old.

Then, as smooth proposed, the future block solution is the best way to protect the investors.

Haven’t investors already been harmed by this doggery. Or should I say doogery? Has this already allowed manipulation and profit to be gained by insiders? What if there is an announcement that nothing will change. Would someone get an insider advantage to profit from a resulting trade. Either way or outcome, this has already caused long term damage.

Yup, I agree! This coin is extremely unstable and precarious. There is too much manipulation and it wouldn't be a project that could sustain a long term support base....The manipulation is alienating the community and any future investments in this project would be ridiculous! One never knows what surprises will occur next!

nickhiggins123

sr. member

Activity: 285

Merit: 250

Why not just gamble your Bitcoins with a lower house edge? I believe the original purpose, or what many investors and gamblers had intended to be the purpose, was that they would not only double their total Clams by investing / gambling, but double the value of the Clams themselves.

With all of this, I just don't see the point anymore... Sad

cryptoPrecise

member

Activity: 69

Merit: 100

Cryptocurrencies since 2013 @cryptoPrecise

Quote from: randayh on November 15, 2015, 04:57:09 PM

Quote from: cryptoPrecise on November 15, 2015, 04:48:02 PM

Quote from: danonthehill on November 15, 2015, 04:43:10 PM

If 1:1 swap or burn is technically not possible, or just forking to disable further digging is also not possible, then new token with fair open distribution to all will be necessary to avoid potential fud accussations in the future (however baseless they may be) and encourage and grow a new user base whilst retaining the old.

Then, as smooth proposed, the future block solution is the best way to protect the investors.

Quote from: cryptoPrecise on November 15, 2015, 04:48:02 PM

Quote from: danonthehill on November 15, 2015, 04:43:10 PM

If 1:1 swap or burn is technically not possible, or just forking to disable further digging is also not possible, then new token with fair open distribution to all will be necessary to avoid potential fud accussations in the future (however baseless they may be) and encourage and grow a new user base whilst retaining the old.

Then, as smooth proposed, the future block solution is the best way to protect the investors.

Haven’t investors already been harmed by this doggery. Or should I say doogery? Has this already allowed manipulation and profit to be gained by insiders? What if there is an announcement that nothing will change. Would someone get an insider advantage to profit from a resulting trade. Either way or outcome, this has already caused long term damage.

unfortunately yes some investors have already suffered, but if the new token is to be released then the future block solution will lessen the damage.

randayh

sr. member

Activity: 386

Merit: 250

Quote from: cryptoPrecise on November 15, 2015, 04:48:02 PM

Quote from: danonthehill on November 15, 2015, 04:43:10 PM

If 1:1 swap or burn is technically not possible, or just forking to disable further digging is also not possible, then new token with fair open distribution to all will be necessary to avoid potential fud accussations in the future (however baseless they may be) and encourage and grow a new user base whilst retaining the old.

Then, as smooth proposed, the future block solution is the best way to protect the investors.

Quote from: cryptoPrecise on November 15, 2015, 04:48:02 PM

Quote from: danonthehill on November 15, 2015, 04:43:10 PM

If 1:1 swap or burn is technically not possible, or just forking to disable further digging is also not possible, then new token with fair open distribution to all will be necessary to avoid potential fud accussations in the future (however baseless they may be) and encourage and grow a new user base whilst retaining the old.

Then, as smooth proposed, the future block solution is the best way to protect the investors.

Haven’t investors already been harmed by this doggery. Or should I say doogery? Has this already allowed manipulation and profit to be gained by insiders? What if there is an announcement that nothing will change. Would someone get an insider advantage to profit from a resulting trade. Either way or outcome, this has already caused long term damage.

cjmoles

legendary

Activity: 1176

Merit: 1017

Quote from: danonthehill on November 15, 2015, 04:43:10 PM

If 1:1 swap or burn is technically not possible, or just forking to disable further digging is also not possible, then new token with fair open distribution to all will be necessary to avoid potential fud accussations in the future (however baseless they may be) and encourage and grow a new user base whilst retaining the old.

It's just a market manipulation....And, no matter what happens now, there will only be a few who have a "stash" cached who could possibly make profit and that will be at the expense of a large part of the community. It seems that a loophole is being exploited here in the realm "decentralized" cryptographic currency....Not good! A new type of attack in my mind.

cryptoPrecise

member

Activity: 69

Merit: 100

Cryptocurrencies since 2013 @cryptoPrecise

Quote from: danonthehill on November 15, 2015, 04:43:10 PM

If 1:1 swap or burn is technically not possible, or just forking to disable further digging is also not possible, then new token with fair open distribution to all will be necessary to avoid potential fud accussations in the future (however baseless they may be) and encourage and grow a new user base whilst retaining the old.

Then, as smooth proposed, the future block solution is the best way to protect the investors.

danonthehill

hero member

Activity: 710

Merit: 500

If 1:1 swap or burn is technically not possible, or just forking to disable further digging is also not possible, then new token with fair open distribution to all will be necessary to avoid potential fud accussations in the future (however baseless they may be) and encourage and grow a new user base whilst retaining the old.

cryptoPrecise

member

Activity: 69

Merit: 100

Cryptocurrencies since 2013 @cryptoPrecise

Quote from: cjmoles on November 15, 2015, 04:38:24 PM

Quote from: cryptoPrecise on November 15, 2015, 04:28:59 PM

Quote from: cjmoles on November 15, 2015, 04:22:03 PM

I bought clam because I thought the price looked good for the coin volume....If I knew that the coin's volume would be doubled (which is what it amounts to) I would have dumped and would not have provided buy support! It is just another Clam Scam, plain and simple!

if the future block is selected and you own CLAM until it's passed then your fiat value is preserved.

Yes, "IF SO" then I gain nothing! If "NOT" then I lose another 50 percent of my investment. And, that doesn't even take into account all those who will also lose at least half their investments who will dump and leave the project! What are the benefits from this maneuver?

I am not pro or against this new coin, but if it is going to happen, a future block needs to be selected to protect investors.

cjmoles

legendary

Activity: 1176

Merit: 1017

Quote from: cryptoPrecise on November 15, 2015, 04:28:59 PM

Quote from: cjmoles on November 15, 2015, 04:22:03 PM

I bought clam because I thought the price looked good for the coin volume....If I knew that the coin's volume would be doubled (which is what it amounts to) I would have dumped and would not have provided buy support! It is just another Clam Scam, plain and simple!

if the future block is selected and you own CLAM until it's passed then your fiat value is preserved.

Yes, "IF SO" then I gain nothing! If "NOT" then I lose another 50 percent of my investment. And, that doesn't even take into account all those who will also lose at least half their investments who will dump and leave the project! What are the benefits from this maneuver?

cryptoPrecise

member

Activity: 69

Merit: 100

Cryptocurrencies since 2013 @cryptoPrecise

Quote from: cjmoles on November 15, 2015, 04:22:03 PM

Quote from: danonthehill on November 15, 2015, 04:09:34 PM

Quote from: chilly2k on November 15, 2015, 04:00:27 PM

Quote from: cryptoPrecise on November 15, 2015, 03:52:51 PM

Quote from: randayh on November 15, 2015, 03:49:09 PM

Quote from: cryptoPrecise on November 15, 2015, 03:28:54 PM

Quote from: randayh on November 15, 2015, 03:06:50 PM

so basically the clam as we know it has no value as block 730000 already has passed for any conversion?

I am pretty sure dooglus will go with a future block as he wants the best for the community and exchanges will soon come up with a statement to clear everything.

So if a future block is decided then there will be hoarding then dumpage of the original clams after the block has passed. But then a buyback of clams after the correction. The ones that would profit are people that are quickest at the trigger or have the best access to information. I would expect both coins would survive, so this would be accentually a 100% dilution of value of the community interest and resources. Tricky one here and very easy for insider gaming.

As you said access to information, by going with the future block ppl will have the information and enough time to make up their minds.

IF Doog goes ahead with a new coin, I think the block as stated is the most fair. People will game the system now. Anyone who bought clams after the block we're not expecting anything other then clams, now that he announced a block, folks are upset because they didn't get included.

Plus because of the announcement some folks dumped their clams, if you move it they will start to complain.

Personally I don't fall in either camp. I just think what he's chosen seems fairest.

No. People who bought after the block were "expecting" CLAMS as a primary token not a secondary devalued token.

I bought clam because I thought the price looked good for the coin volume....If I knew that the coin's volume would be doubled (which is what it amounts to) I would have dumped and would not have provided buy support! It is just another Clam Scam, plain and simple!

if the future block is selected and you own CLAM until it's passed then your fiat value is preserved. Also the other coin is completely different, it won't dilute CLAM.

Topic: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" - page 245. (Read 1151373 times)