Topic: [ANN][LXC][LIBREXCOIN]STAKING MOBILE WALLETS|MULTIPOOL|100% POS|BLOCKNET| - page 287. (Read 413974 times)

The purpose of any coin is that it can be used as a means of exchanging goods and services, those who are mining Librexcoin simply to dump and make a change for BTC and if you are unhappy because we do not have our coin listed on any exchange, you can point your miners to any shitcoin. Librexcoin is not a pump and dump coin.

I want to let you know if you are interested in dumping your coins please PM I want to buy from you. 

Ive stopped mining. The lack of communication from the Dev is a big red flag. I really don't know the purpose of these coins since it seems no effort has been made to get it on an exchange!

Ive stopped mining. The lack of communication from the Dev is a big red flag. I really don't know the purpose of these coins since it seems no effort has been made to get it on an exchange!

well i never said 'no rentals' but i still think they should be within reason. but think about it. if this discussion gets more users to rent 1gh then it will be healthier for the coin 
 the problem is that we, as potential investors, cannot be sure that all those anonymous accounts arent owned by the dev and team. or even just one person renting a collective 30gh. meaning they will be taking the majority of coin and could just dump on the market. considering the pattern seen on crypto-markets.. this is most likely going to be the case if you do not get more users to mine, whether small or large. usually i mine AND BUY if i can get some coin through the mining process. if i dont think im getting a fair share via mining process i dont buy, and dump first chance i get for a decent return. always seems to be a wise decision. im obviously not the only one that does this.

if you big hashers hold and sell in small amounts and allow the buy book to grow the coin will increase in value and not be abandoned by investors. if u keep dumping and suppressing the market it will eventually get frustrasted and be abandoned also. if every decent btc buy order that pops up gets snatched it signals that investors arent interested and just want to exit.

those will be my closing words on the topic. you can consider it some friendly advice both for community and dev. i did manage to mine some coin, but i will be observing the market behavior before i commit to buy any on the exchange.

nice graphics, launched with android wallet was looking good till I clicked on the github link wtf!?

and dev hasn't been on to apologize and fix it?? and thats about how far my patience goes with "newb" "dev's"  fuck it my miners pointing back at WAS

First...that is an exaggeration.  The network is at 70 gigs with only 1 person above 1 gigahash renting on dedicated.  

Second...the coin hitting an exchange is giving the coin an opportunity to grow or even function in the first place.


OR we can go your route.  No rentals...only tiny miners on coin.  It doesn't hit an exchange from fear of it being delisted a month later and the coin never gets to place to expand it's user base at all.  And the only people that have coins at all were those who decided to risk mining this for zero profit rather than just mine DarkCoin or some other x11 coin that you can sell.

In summary, your argument isn't based on what is actually happening with the coin and hashrate and you think coins should not get a chance to distribute via exchanges because the coin will just die in a month anyway.

I don't want to hijack this thread with our discussion so I am just gonna leave it here.  

Take care.

TMB sometimes put 7-20Gh in mining LXC.

The comment at the top of this block of code is interesting:

// miner's POW block rewards (Note: 1st block = premine of 1%: 27068 coins out of 2,706,880 maximum coins in PoW period)
int64_t GetProofOfWorkReward(int64_t nFees)
{

    int64_t nSubsidy = 700 * COIN;

    if(pindexBest->nHeight <= 1000)
    {
        nSubsidy = 700 * COIN;
    }
    else if(pindexBest->nHeight <= 2000)
    {
        nSubsidy = 2500 * COIN;
    }
    else if(pindexBest->nHeight <= 6000)
    {
        nSubsidy = 1500 * COIN;
    }
    else if(pindexBest->nHeight < 8641)
    {
        nSubsidy = 303 * COIN;
    }

    if (fDebug && GetBoolArg("-printcreation"))
        printf("GetProofOfWorkReward() : create=%s nSubsidy=%"PRId64"\n", FormatMoney(nSubsidy).c_str(), nSubsidy);

    return nSubsidy + nFees;
}

The original intent was to premine 1%, but there was no premine in the first block.  Did the dev change their mind or are they hiding something elsewhere?  The lack of github by now, or even at launch for that matter, is suspect.  Zipping the code and uploading to mega takes at least as much effort.  It makes no sense.

I hope not a single exchange adds this coin, until it's source has been checked thoroughly, (or the DEV pulls something out of the bag) in fact we as a community should demand that no exchange adds this until such time.

That's the only way we're gonna stop the scamming.

STILL waiting for github link