Topic: [ANN][QTL] Quatloo, A DarkWaveGravity Scrypt Coin Mandatory UPDATE to v1.2.1 - page 73. (Read 408482 times)

To be fair, Satoshi has yet to touch the BTC instamine.

Context is everything and I while I support a dev getting paid for his work I also think that the percentage of pre-mine is a very real issue for people who might want to get involved.  There are mitigating factors, such as Markus using his actual account and the fact that he is delivering but the next update has really got to kick the crap out of the world if people are going to forget that the pre-mine has the power to destroy the price they bought in at, whether or not it will be used in that fashion.

I don't understand why people are flat out defending the concept with seething vitriol.  It's a valid concern.

What's funny is destroying a large percentage of the pre-mine would not only create a ton of confidence in the coin along with a community understanding that the remaining percentage of the pre-mine would be for dev/bounty use would probably enable a much larger value for this coin...meaning everyone profits...including old/new buyers of the coin.

I think that is a sound solution but am prepared to have another half-assed rant or two intended to disparage my attempt at civility...

This is getting ridiculous, what part of < 1% pre-mine don't you guys understand?
< 1% is < 1%, it is called math. Most coins these days have 50% ICO's 5%-50% pre-mines,
10% instamines, and are 24hrs to 2 week PoW coins, then they go PoS and the dev
does dump and dissapear.  And yes, if all the coins ever to be mined are mined in 24 hrs,
then a 1 % premine would seem small and no one would be complaining. But this is a
LONG TERM PoW coin, It is MINEABLE FOR YEARS OR DECADES. It is a slow mining coin
by design (17 coin block reward and 2.5 min block time). This isn't DOGE where you
get 500,000 coins/block! Each mined or bought coin now is VALUABLE, because of how
difficult it is to mine a lot of coins.  The < 1% pre-mine will seem like nothing in a few
more months or years as people will be able to mine this a long time like litecoin.  And trolls
spreading FUD, you need to get a new hobby, there is no way you are going to take a
hard working coder and dev that has delivered on all his promises, and is a senior forum member,
and is his one and only coin and passion and FUD this forum to get cheaper prices. It isn't going
to happen. I and everyone I know that has been involved in the last 200 crypto coins can
spot the 190 out of 200 that are scams, with a scam dev. And this IS NOT ONE OF THEM!
Get over the 0.8 % pre-mine, the dev deserves that if not more for his work and future work.
By the way, DRK was 50% instamined, and LTC and BTC were also insta-mined both for far
above this < 1% pre-mine you guys are arguing about.  Use some logic and common sense
and mine or buy a quality coin like QTL and enjoy the ride up, or just get the hell out of this forum.
It was a flawless launch, no ninja bullshit or instamining, I was there from the start a month ago,
and if the dev wanted to dump his coins, he sure as hell could have done it 3 days ago when
it was at 27000 satoshi, did he? No, and not only that, when the price gets low, the dev is BUYING
his own coin, what does that tell you? I realize the last month in crypto there has been a lot of scams,
and I am skeptical of all new coins, but if you look at all the facts you will see QTL is the real deal,
and I can lead a horse to water, but I can't make it drink. Stupid people will just be stupid and spread
FUD, if they were smart they would realize it won't matter if you bought QTL at 800, 8000, or 18000
satoshi when it is at 150,000 satoshi.  Hindsight will be 20/20, I hope you FUDsters are ok with that.

Don't let the numbers of the premine and principals of mining affect the true purpose of the coin which is to innovate and to earn investors a return.
These numbers can be changed to massively improve confidence and value.

The most important factors are holding investors value and spreading
the innovation to the masses. The higher the value the more people will trade the coin
and the more people will learn of the "Trader" and use it.


And on that note --

Shakeout time. All weak hands please leave. This will be unpleasant.
Someone has actually put a buy order for the entire coin at 1000 if you want to sell to it.

+1 when this coin moved into the price point it has things change.

You could destroy the rest of the pre-mine and use donation addresses instead.
Or destroy most of it. This can be done in a similar way to how XBC did it.
Community can vote on the issue. It was a first in crypto and very well handled.

Also there could be a reduced mining reward schedule in the near future
on top of destroying some or all of the pre-mine.

These things would add huge value to your coin.
I have seen it happen before.

So far I am enjoying the Quatloo-Trader and the tutorial video really helped out!

Absolutely not.  I would actually hope that it was used/tested before launch.  I was just told otherwise...and it seems like it was a lame lie/contradiction.

As I said...I was annoyed enough to post it but not really dedicated to making an issue out of it.  I like the coin, the dev and the app and would rather focus on that now.

If you watch the video, you will notcie he states it was portions of the code that was being used, it wasnt the program you see now.  As different parts were coded and built they need to be tested.

Did you want a non tested trading application to be released?

I don't understand why  ppl don't talk much about VIA premine/presale/ICO?
Or
SYS or like many others.
We always trying to attack a new coin to get benefited from it. Its not the right way. We create a very bad trend for cryptoland. if we don't like a coin just leave it. Place one or two post about it>
Now a days I see SCAM, SCAM, Legit, fuck,,,,,,,I am bored.
Every dev should do something with community & trust to protect their interest on that coin for long time.

So what do you, MarKusRomanus, say about my proposal I made in my last post? I think it's not a big deal to edit the OP a bit and add there some lines concerning premine...

I don't think that it is that big of a deal but I was mildly annoyed when I found this on my Twitter feed this morning.  Ain't got to lie to kick it, yo...

I am sorry for you that you are unable to read paragraphs without understanding them. If you can't read and comprehend information in a non-traditional (cookie-cutter) format then you should get out of crypto now... maybe go back to high school and finish english.
Templates don't make a good coin. It is valuable coins that attract cool people to create useful templates.



This guy needs a silver spoon for his breakfast coin. Glad someone finally spoon fed him! (No offence, due diligence is everyone's responsibility. If you disagree, Disney World is open year round...)

I don't think anyone here believes any of you are going to dump the premine.  The problem is premines have such negative connotations at present that it scares new people away.

I've tried but nothing actually happens when trying to run it though Terminal.  It just seems to be busy for about 30 seconds and goes back to a command prompt.  If someone could do a mac compile using the Mono developer software that would be awesome.

Markus has been a developer thus far, providing everything he said he would when stated.

I can understand why some people would be concerned about the premine, but, this also is not an anonymous developer like most of the rest.  Yet, everyone jumps right on board when they launch a new coina dn are surprised what that anonymous dev is gone.

Markus, has been available all day every day since this coin launched, he has listened to the advice of the community and been very forthcoming the whole time.

I know a few of the people that hold a portion of the premine/bounties, me being one of them, most of them either have the entire amount left, or actually a lot more.  I am the the latter, I began buying at 100 sats all the way up to where we are now.  I wont be dumping my coins anytime soon either.

As mentioned, most of these bounties were paid out when the coin price was between 100-400 sats, when there was maybe 1-200 MH on the network.

Join us in the IRC channel #quatloocoin to chat more, you will get answers a lot faster.

I'm going to be trying with mono today, and if I get it working, I'll post a howto for the *nix crowd.

I'd be real interested in hearing if someone gets it working with mono.  The newest release of mono really should work.  But it has to be the most recent mono release.

Maybe it will work with mono (linux implementation of .net), I did not have time to try it myself yet, but I will when I have time. Quatloo-trader does not work with wine, I tried that

A few points.. Only since yesterday were there any serious demands for records of the premine and bounties because no one cared.  Now that there's some success and real value here..we have this out cry.  What I have.. i am not dumping.  What was posted above with the block explorer is right on.

About the Quatloo-Trader:
It's made to trade all coins.. It's beta now and its going to be great with many more middle-man friendly features. It gives Quatloo inherit value and .. wait till you see it in a week.. and then in 2 weeks!
What you are seeing now and in the near future is the result of well spent premine and the hard work of a committed dev and a few who were committed from the start.  If you want to who we are and what we are doing.. come to the IRC channel #quatloocoin on freenode.net.  We just may rain some QTL on you!