Topic: [ANN][ICN] iCoin - On Swisscex, C-Cex, Bittrex exchange - page 92. (Read 162103 times)
5 millions out of maybe around 17.5 millions to be released during first year. 28%.
500,000,000 coins over 900 years....
so 1% is 5,000,000 however because of the very slow release this represents quite a lot of mining which is scaring away all us would be early adopters.
iCoin
BcFp3aHNtepyZtrZhwqkfivmrHffUkyrhL
so 1% is 5,000,000 however because of the very slow release this represents quite a lot of mining which is scaring away all us would be early adopters.
iCoin
BcFp3aHNtepyZtrZhwqkfivmrHffUkyrhL
The devs might see 1% premine as reasonable, the miners and investors see it as a risk.
Transparency and a give away schedule is what we need to see. To reiterate:
Do we need to make it any clearer? SPEND THE PREMINE ON ADVERTISING and be transparent about it!
ps: I was using the http://speedminer.org pool mentioned above and it worked just fine, very low reject rate. I'll go back to that pool once there is a little more trust in this coin.
Transparency and a give away schedule is what we need to see. To reiterate:
More spending on promotion
=
More exposure and more investors
=
Less premine in the hands of a mystery dev
=
More trust from the community.
=
More exposure and more investors
=
Less premine in the hands of a mystery dev
=
More trust from the community.
Do we need to make it any clearer? SPEND THE PREMINE ON ADVERTISING and be transparent about it!
ps: I was using the http://speedminer.org pool mentioned above and it worked just fine, very low reject rate. I'll go back to that pool once there is a little more trust in this coin.
Isnt the premind 5million, and a total of 42 million coins, so a premine of ~ 12%?? I just thought of this yesterday!!! i donno why it didnt hit me
The devs might see 1% premine as reasonable, the miners and investors see it as a risk.
Transparency and a give away schedule is what we need to see. To reiterate:
Do we need to make it any clearer? SPEND THE PREMINE ON ADVERTISING and be transparent about it!
ps: I was using the http://speedminer.org pool mentioned above and it worked just fine, very low reject rate. I'll go back to that pool once there is a little more trust in this coin.
Transparency and a give away schedule is what we need to see. To reiterate:
More spending on promotion
=
More exposure and more investors
=
Less premine in the hands of a mystery dev
=
More trust from the community.
=
More exposure and more investors
=
Less premine in the hands of a mystery dev
=
More trust from the community.
Do we need to make it any clearer? SPEND THE PREMINE ON ADVERTISING and be transparent about it!
ps: I was using the http://speedminer.org pool mentioned above and it worked just fine, very low reject rate. I'll go back to that pool once there is a little more trust in this coin.
I will also await more response on this matter, CaptainHook aka Mystery Dev should be doing a lot more promotion with that premine.
The devs might see 1% premine as reasonable, the miners and investors see it as a risk.
Transparency and a give away schedule is what we need to see. To reiterate:
Do we need to make it any clearer? SPEND THE PREMINE ON ADVERTISING and be transparent about it!
ps: I was using the http://speedminer.org pool mentioned above and it worked just fine, very low reject rate. I'll go back to that pool once there is a little more trust in this coin.
iCoin
BcFp3aHNtepyZtrZhwqkfivmrHffUkyrhL
Transparency and a give away schedule is what we need to see. To reiterate:
More spending on promotion
=
More exposure and more investors
=
Less premine in the hands of a mystery dev
=
More trust from the community.
=
More exposure and more investors
=
Less premine in the hands of a mystery dev
=
More trust from the community.
Do we need to make it any clearer? SPEND THE PREMINE ON ADVERTISING and be transparent about it!
ps: I was using the http://speedminer.org pool mentioned above and it worked just fine, very low reject rate. I'll go back to that pool once there is a little more trust in this coin.
iCoin
BcFp3aHNtepyZtrZhwqkfivmrHffUkyrhL
Ok this is fucked up!
I am not happy with this situation and will stop investing in this coin now. it's clear only 1 person has control of this coin which is not healthy. cointopic and viperbass I suggest
starting another coin with someone else because it's most likely you are being setup.
If you are doing a 1% premine make sure all coins will be mined out within 20 years, .5% premine for a 40 year coin...
I am not happy with this situation and will stop investing in this coin now. it's clear only 1 person has control of this coin which is not healthy. cointopic and viperbass I suggest
starting another coin with someone else because it's most likely you are being setup.
If you are doing a 1% premine make sure all coins will be mined out within 20 years, .5% premine for a 40 year coin...
I will have a chat with CaptainHook to see if the premine can't be distributed between the team more evenly, I understand the risk of 1 person controlling all the funds and have
explained this to Captain already.
I will feedback once I have heard back from him.
Viperbass your one of the reasons I trusted this coin , this shit should of been sorted out between yourselves at the start. This looks like a get rich scheme for CaptainHook,
couldn't you or cointopic see this?
Ok this is fucked up!
I am not happy with this situation and will stop investing in this coin now. it's clear only 1 person has control of this coin which is not healthy. cointopic and viperbass I suggest
starting another coin with someone else because it's most likely you are being setup.
If you are doing a 1% premine make sure all coins will be mined out within 20 years, .5% premine for a 40 year coin...
I am not happy with this situation and will stop investing in this coin now. it's clear only 1 person has control of this coin which is not healthy. cointopic and viperbass I suggest
starting another coin with someone else because it's most likely you are being setup.
If you are doing a 1% premine make sure all coins will be mined out within 20 years, .5% premine for a 40 year coin...
I will have a chat with CaptainHook to see if the premine can't be distributed between the team more evenly, I understand the risk of 1 person controlling all the funds and have
explained this to Captain already.
I will feedback once I have heard back from him.
Well good luck to the dev to give us a satisfying reply, nice shinny logos won't be enough this time.
Well good luck being sceptic.
People are not waiting for your assumptions.
Well good luck to the dev to give us a satisfying reply, nice shinny logos won't be enough this time.
I received nothing for running my pool (speedminer.org). My iCoin income is purely based on fees and donations. At current rates, hardware hosting is costing me much more than I earn, but since I still believe in this coin, therefore I'll keep investing.
Did however receive 500 iCoins from the DEV's to use for my pool promo (for giving a way to miners). Doesn't seem much however...
Another problem is that the "http://ic.mepool.cc" pool has a much too high % of the net hashrate (currently 37 MH out of 45 MH). That's not a problem of the iCoin team since they don't control the pools, but rather a not so smart choice of the miners (51% attack risk). Only the miners themselves can fix this.
Already launched a few promotions to try and attract more miners, but seems to have little or no effect.
Invested a lot of effort and money in the Pool because I really believe in this coin. We really have rock solid hardware which can handle a significant load, even in terms of GH rates. So I still invite more miners to join our pool and share the hashrate. Been making smooth payouts since the day we were launched. Think other miners can confirm.
Come join our mining pool @ : http://speedminer.org
As a community, we can make this coin work!
Did however receive 500 iCoins from the DEV's to use for my pool promo (for giving a way to miners). Doesn't seem much however...
Another problem is that the "http://ic.mepool.cc" pool has a much too high % of the net hashrate (currently 37 MH out of 45 MH). That's not a problem of the iCoin team since they don't control the pools, but rather a not so smart choice of the miners (51% attack risk). Only the miners themselves can fix this.
Already launched a few promotions to try and attract more miners, but seems to have little or no effect.
Invested a lot of effort and money in the Pool because I really believe in this coin. We really have rock solid hardware which can handle a significant load, even in terms of GH rates. So I still invite more miners to join our pool and share the hashrate. Been making smooth payouts since the day we were launched. Think other miners can confirm.
Come join our mining pool @ : http://speedminer.org
As a community, we can make this coin work!
Ok this is fucked up!
I am not happy with this situation and will stop investing in this coin now. it's clear only 1 person has control of this coin which is not healthy. cointopic and viperbass I suggest
starting another coin with someone else because it's most likely you are being setup.
Would you stop making assumptions and jumping to conclusions?I am not happy with this situation and will stop investing in this coin now. it's clear only 1 person has control of this coin which is not healthy. cointopic and viperbass I suggest
starting another coin with someone else because it's most likely you are being setup.
Let's wait for the dev to reply, k?
i burned weeks of electricity to get barely 6000 icoins, now i'm pissed. Good luck building trust anymore in this.
Ok this is fucked up!
I am not happy with this situation and will stop investing in this coin now. it's clear only 1 person has control of this coin which is not healthy. cointopic and viperbass I suggest
starting another coin with someone else because it's most likely you are being setup.
If you are doing a 1% premine make sure all coins will be mined out within 20 years, .5% premine for a 40 year coin...
I am not happy with this situation and will stop investing in this coin now. it's clear only 1 person has control of this coin which is not healthy. cointopic and viperbass I suggest
starting another coin with someone else because it's most likely you are being setup.
If you are doing a 1% premine make sure all coins will be mined out within 20 years, .5% premine for a 40 year coin...
Oh damn I go cry with my 5,000 icoins. 
So the dev still sitting on a massive 4 500 000 coins at least haha. I really like icoin and all but i can't call this reasonable, not even close.
Come on guys, that's 20% of all coins released in the next 4 years. That's unbelievable
Come on guys, that's 20% of all coins released in the next 4 years. That's unbelievable
I was payed 30 000 iCoin for my services and then additional 50 000 iCoin to pay for other services including the dice, wheel of fortune, marketing etc.
I have mined and also purchased around 13 000 icoin on the exchanges already for more transparency.
I have mined and also purchased around 13 000 icoin on the exchanges already for more transparency.
.
5 millions out of 25 millions in the next 4 years wtf, transparency about premined coins use will be needed cause that sounds like the biggest scam ever when you put it like it.
I don't even know if i should keep mining to get slow peanuts at this stage.
I don't even know if i should keep mining to get slow peanuts at this stage.
1 000 000 premined is just sick when you think about the slow coin release. Hope the dev is a wise guy. Not to mention i didn't see that much of givaways. Hope the premine will help promoting the coin somehow though since you seem to have high ambition for it
It's 5 million coin premine, this is the problem we will need to see massive promotions otherwise the risk is far too high! Considering that only 25 million coins will be mined in 4 years.
I want to see evidence of the promotions and giveaways going forward.
Let me guess 10000 icoins out of 1000000
No, much more.
And I'm not the only one who got a reward.
Jump to: