Topic: [ANN][JPC]MAKE JACKPOTCOIN GREAT AGAIN! - page 90. (Read 470275 times)

Really sorry to interrupt guys.

I cannot seem to get any POS coins and I was hoping someone could point out where I made a mistake.

Wallet is open at all times.
Wallet is encrypted but UNLOCKED.
Have coins sitting in there for 3 full days.
Wallet states 0 staked 0 unconfirmed.

Do I need to add anything to the JPC.conf or something? Just not sure what I missed. Thanks for the help.

except that you behaviour is more an attack against big holders (who certainly have more than dev) of the coin than dev itself and those who invested in it.
Dev could dump his premine without altering the price (actually 160M were stolen on an account then dumped right away, the price didn't even moved...) so all your argument against the huge premine doesn't even hold the fact (at least for that coin).
Right now, what you are trying,  is to not screw dev (he can always dump his premine for quite a lot) but anyone else having some of the coins. So may-be you heard it for every coin you tried to screw, but it clearly seems you have an agenda.

First of all, for non-economic reasons, it means the dev is obviously just looking to cash out. A legitimate developer would never premine 6% of all PoW coins because it dooms the coin long-term and prevents real investors, who are slowly growing more interested in cryptocurrency, from getting involved. No real investor would ever support a currency where a single individual is sitting on 6% of it right off the top and could dump it at any moment - it's a massive weak link that kills any chance for stability. So by keeping smart money out and well-informed investors out, it guarantees the price will only be propped up by dumb money. Without any new smart investors getting involved, the dumb money is slowly pulled out until the value tumbles down to nothing. It's not like there aren't plenty of other options out there for coins with a better community, better distribution, and no premine.

I don't consider myself a "bigtime" investors but I do invest around 5 BTC/month into altcoins and I associate with a lot of big players. The general rule is that no matter how innovative a currency is, anything over a 1% premine isn't even considered.

If you look at history, you will see this can not be disproved. Hundreds and hundreds of coins have suffered the exact same fate and none have succeeded.

If you look at the history of currency in general, you will see that many countries and rulers have attempted to use currencies that were effectively "premined" - all of those failed as well. It creates economic instability. Why would anybody want to use a currency that somebody obtained unfairly when there are plenty of other alternatives that have better distribution?

That is the problem with all of these PoW+PoS premined scams that keep rolling out. The devs can "hide" the premine, as this dev did, by using the PoS coins to inflate the max supply. Nobody stops to realize all of the premined coins will also receive the same PoS benefits - they just accept it and move on not realizing what a major issue it causes.

I studied economics in school and, while it was before the time of altcoins, there were many studies that could have been likened to a premine that prove the instability it creates. Nothing will ever be widely accepted as a currency unless it was distributed in a fair manner (or at least as fair as possible).

Of course another big issue is that this dev is a liar. Like the example I used earlier, by the logic of the people in this thread I could create a coin that had 1,000,000 PoW coins, premine all 1,000,000, and then through PoS claim a 10,000,000 max supply and report the premine as 10%. Although I would have every single coin until the end of time until I sold or gave them away...a 100% premine...I could claim it was 10% and everybody in this thread would be on board. People keep posting about how the premine wasn't 6% but they are completely ignoring this example.

I guess I shouldn't expect anything more than nonsense in a thread full of gullible scamcoin supporters.

because he's never wrong  (no point arguing against that  )

trolling troll is always funny   (and I am not loosing anything, most of the coin I got, I got them by mining the coin, while it was at 1-2sat... so... but sure I would prefer to sold them for more than less...  )

So please can you do your magic in the link I gave you before people buy into the IPO ? (you can still come here from time to time you know  ) Thanks a lot.

Welcome back Megaman ! Let 's pump this topic, let 's people know JPC is a scam coin 

Not arguing or even hinting that you are wrong: but when you say a 6% premine guarantees it will fail, back that up.

Why does a 6% premine absolutely guarantee it?

You are a fucking moron. You deserve every penny you will lose on this thing. Hopefully I helped to save at least a few people who had enough sense to read what I was saying.

That very well may be a scam - like I said JackshitCoin isn't the only scam in town. Every single new coin I've seen in the past 2 months has been a scam/fraud to varying degrees. This one is just so obvious and so boring that it was a good place to start. I can only work on destroying 2-3 fraudulent pieces of shit at a time.

You guys are so stupid that you don't even understand why the dev lying about the premine matters. You also are so arrogant you think a 6% premine is no big deal. It is significant because it guarantees the coin will fail. It's not even possible for it to survive, guys. A 6% premine guarantees failure. This is a fact. You don't understand how/why and you are all stupid enough to still be here supporting this scam so you probably won't ever open your eyes but this is a certain failure.

megaman still around ?
if he wants to expose a scam here one there (with IPO)
https://bitcointalksearch.org/topic/m.7628954

(unfortunately as he is only a troll, very little chance he go there, but hey... )

That could be fun too! 

Someone I know mentioned the same idea before.
I want to have an option to bet on the block number (actual paid block) too.

Caddie? what? lol

Are you Caddie?

This is the repeated 3 times already.

Here is the total PoW coins (first 2 years) =  $  5,039,912,168 = about 5 billion.
After the first 2 years, there will be only 1 coin per block, so you can regard the totoal PoW coins are 5 billion.
First 2 year's jackpot rewards + PoS interests = about 2 billion.

So the practical meaningful and effective total coin is 7 billion.
another 23 billion is for the next 25 years' interest.


Week   Block Reward   Weekly Mined
1   100,000   504,000,000
2   90,000   453,600,000
3   81,000   408,240,000
4   72,900   367,416,000
5   65,610   330,674,400
6   59,049   297,606,960
7   53,144   267,846,264
8   47,830   241,061,638
9   43,047   216,955,474
10   38,742   195,259,926
11   34,868   175,733,934
12   31,381   158,160,540
13   28,243   142,344,486
14   25,419   128,110,038
15   22,877   115,299,034
16   20,589   103,769,131
17   18,530   93,392,218
18   16,677   84,052,996
19   15,009   75,647,696
20   13,509   68,082,927
21   12,158   61,274,634
22   10,942   55,147,171
23   9,848   49,632,453
24   8,863   44,669,208
25   7,977   40,202,287
26   7,179   36,182,059
27   6,461   32,563,853
28   5,815   29,307,467
29   5,233   26,376,721
30   4,710   23,739,049
31   4,239   21,365,144
32   3,815   19,228,629
33   3,434   17,305,766
34   3,090   15,575,190
35   2,781   14,017,671
36   2,503   12,615,904
37   2,253   11,354,313
38   2,028   10,218,882
39   1,825   9,196,994
40   1,642   8,277,294
41   1,478   7,449,565
42   1,330   6,704,609
43   1,197   6,034,148
44   1,078   5,430,733
45   970   4,887,660
46   873   4,398,894
47   786   3,959,004
48   707   3,563,104
49   636   3,206,793
50   573   2,886,114
51   515   2,597,503
52   464   2,337,752
53   417   2,103,977
54   376   1,893,579
55   338   1,704,222
56   304   1,533,799
57   274   1,380,419
58   247   1,242,377
59   222   1,118,140
60   200   1,006,326
61   180   905,693
62   162   815,124
63   146   733,611
64   131   660,250
65   118   594,225
66   106   534,803
67   96   481,322
68   86   433,190
69   77   389,871
70   70   350,884
71   63   315,796
72   56   284,216
73   51   255,795
74   46   230,215
75   41   207,194
76   37   186,474
77   33   167,827
78   30   151,044
79   27   135,940
80   24   122,346
81   22   110,111
82   20   99,100
83   18   89,190
84   16   80,271
85   14   72,244
86   13   65,020
87   12   58,518
88   10   52,666
89   9   47,399
90   8   42,659
91   8   38,393
92   7   34,554
93   6   31,099
94   6   27,989
95   5   25,190
96   4   22,671
97   4   20,404
98   4   18,363
99   3   16,527
100   3   14,874
101   3   13,387
102   2   12,048
103   2   10,843
104   2   9,759
Total 5,039,912,168 JPC  (total PoW)


1% premine of 30billion is 300 million.

If we based on the 7 billion, it is 4.26%

Which one is accurate 1% or 4.26%? Either way it is 300 million anyway, and everybody knows it.
I already pointed out this story several times.
The dev team deserve this premine, and most of community members already accepted it. And the dev team spent a lot of their coins on all kinds of development and marketing bounties.

Why people care about premine? Because devs could exit with those premine on the early stage pumping.
If anybody suspects the dev already dumped their premines, why he does not explore the genesis block, and proves they are all dumped out?

On another note, I was thinking since this is "jackpot coin". Someone with more free time then I, should make a site for betting on which major pool will hit the next super block. Could be a fun little side betting the odds.

He's back because the price doubled when he left... more FUD incoming lol

@MEGAman if it's a scam and why are you here??? we clearly don't want to listen.. so leave... if we get burned it's or own fault.. but now you went from "exposing a scam" to insulting people... Why don't you leave now and create your website... and stay there...

btw the spreading FUD to the drop the price is probably your main goal.. i bet you grabbed a load of cheap JPC's when it hit 14 sat...

I can't wait to make my website outlining my adventures of exposing scams. You're going to be blown away by the responses because they are exactly the same. It's hard to believe it's even different people - it's like really bad AI. "Oh great he's back!" and variations of are quite popular. As are the "he just wants to lower the price so he can buy!!!11" and various combinations of awful math and brain-dead logic. I've been through this about 15 times now - all 15 coins are worthless and everybody lost all of their money of course. I was a little late to the party on this one so didn't get a chance to warn people in time but this thing is on it's way to the grave. Just amazes me. You guys just throw away money on the dumbest stuff and don't even care. You still believe you know what you're doing.

oh no, he's back  

And yet here you are supporting an obvious scam even after the dev has moved on to their next one. I always love when people act like cheerleading a scam is a great use of time but anybody contributing facts and encouraging critical thinking has no life. I suppose you think laws are stupid too and enforcing them is a waste of time? Because a crime took place here and anybody still holding JackshitCoins is a victim. I suppose you think education is a waste of time? Because most of you are reading the simple facts I post and responding as if it's just my opinion. Who gives a shit what I think? You don't know me and I would hope you wouldn't. All you need to do is open your eyes and use your fucking head and you'll see I am right.

You can't argue with facts. Stick a fork in it guys even the free market has spoken (and the free market isn't even much smarter than you).

You must have MEGAtime for playing with alts to pump/dump a fe sats. Might I suggest to change nick to NOlife...?