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Topic: [ANN][QTL] Quatloo, A DarkWaveGravity Scrypt Coin Mandatory UPDATE to v1.2.1 - page 89. (Read 408475 times)

legendary
Activity: 910
Merit: 1000
Anyone who wants to get in on a team to prop up quatloo.  Contact me.  There are many things we can do, and, if we do them, there will be success.
legendary
Activity: 910
Merit: 1000
Dude.. Scrypt is dead eons ago..

Oh right.. sure it is.  That's why there are all these monster scrypt ASIC machines being bought.  I believe there is a definitely market for decent scrypt coins with committed developers and community
g_d
newbie
Activity: 52
Merit: 0
Ipominer get superblock again

Yes,  the Kirk block was hit by IPOminer

Where are the Superblocks defined ? Could not find anything in die Code

There are no superblocks defined.  I'm just doing bounty rewards for a few early blocks to promote the coin.  there will only be one more.

Yes, so can you explain to me why I did not get anything? Or provide proof that you have sent coins to me?

IF you award the bounty just to the one miner who found the block, I guess I don't want to hear about QTL ever again, coz you are making the "rich" richer...

If you break the payment down proportionally (per shares submitted) amongst the people on the pool that hit the block at the time, I did not receive anything...

It would seem much easier to have these bounty block to be part of the code so it can be distributed as a reward automatically, no?

It would have been much easier if the bounty was included in blocks, agreed. We've paid all of the bonus coins proportionally to the shares submitted for that block. They did take time to calculate and pay because it is a non-standard reward system. If you had shares submitted for the bonus blocks you'll have received your additional coins now.

Thanks! I found the coins in my wallet just after reading this... Would have been great to know this before I got pissed off with getting nothing...
Holding onto my QTL, not dumping and looking for ways to help you guys to get it going...
legendary
Activity: 1050
Merit: 1000
Mine the hottest new coins at ipoMiner.com
Ipominer get superblock again

Yes,  the Kirk block was hit by IPOminer

Where are the Superblocks defined ? Could not find anything in die Code

There are no superblocks defined.  I'm just doing bounty rewards for a few early blocks to promote the coin.  there will only be one more.

Yes, so can you explain to me why I did not get anything? Or provide proof that you have sent coins to me?

IF you award the bounty just to the one miner who found the block, I guess I don't want to hear about QTL ever again, coz you are making the "rich" richer...

If you break the payment down proportionally (per shares submitted) amongst the people on the pool that hit the block at the time, I did not receive anything...

It would seem much easier to have these bounty block to be part of the code so it can be distributed as a reward automatically, no?

It would have been much easier if the bounty was included in blocks, agreed. We've paid all of the bonus coins proportionally to the shares submitted for that block. They did take time to calculate and pay because it is a non-standard reward system. If you had shares submitted for the bonus blocks you'll have received your additional coins now.
legendary
Activity: 1848
Merit: 1018
What's the point of mining for bounty blocks when only the heavy hitters manage to find blocks? Those who already mine the most of any coin already... ...

I throw 30 Mh/s and have no chance against the top 10...

Until someone explains this to me, I'm done with QTL.... I must be missing something...
What pool are you mining at? If you are mining at a big pool like IPO miner you have a chance at your % of the block if it is found at your pool. If you are not at IPO miner, come join us! You don't need to hit the block, you just need to be mining at the pool that hits it!

Thanks for reply.

I was at IPO all afternoon. Mining QTL on direct port. At the time of block 2063  I had a steady hashrate of about 30 Mh/s.

1. I have not seen any extra coins.
2. The "Last 30 Blocks Found - QTL" shows almost only people that have the top 10 hashrates (right in the adjacent window).


Top hashers get majority of shares in a block based on their hashrates, thus have a higher chance to be the ones whose shares will find the block...
My chance to be the one is clearly minimal. Proven by the list of recent block finders.

If I'm wrong, where is any extra coin? My hashrate was high enough to notice at least a bump in my income...
I was mining, present and accounted for Wink and still...fxxx all...

Please, if I'm missing something tell me, I'm still quite new to this...

 and ONLY the one who finds this block (having much higher chance considering the amount of shares)

Just to inform you, I just received 21 QTL bonus block payments from IPO miner. So it took a while to figure out who gets how much, but you should have gotten your share just now.  I sure hope so.
newbie
Activity: 34
Merit: 0
Dude.. Scrypt is dead eons ago..
legendary
Activity: 910
Merit: 1000
People are dumping all over the place...

Mining is not even near 50% of electricity cost.

it will take time.  The point of mining sometimes is future value, not just current value.
legendary
Activity: 910
Merit: 1000
QuatlooTipBot now at irc freenode channel #quatloocoin
hero member
Activity: 798
Merit: 500
People are dumping all over the place...

Mining is not even near 50% of electricity cost.
legendary
Activity: 910
Merit: 1000
people serious  to be a part of the quatoo support team.. pm me.  we can all coordinate to get more things going on.
I'm also asking for any donations .. all will goto quatloo support.
BTC: 19Y2cY3e9sPzJUKdG576paDvKrr56aLCeB
legendary
Activity: 2172
Merit: 1401
Im in...just need to spread the word and get more people to buy
legendary
Activity: 910
Merit: 1000
Amen.. this is for the long haul.  Anyone seriously interested in joining the team.. step up.
legendary
Activity: 1848
Merit: 1018
There are a few things you need to realize about this coin and the bounty.  Firstly, I do not know how many coins the dev has, but after the bounties are paid, I don't think there is much left for the dev.  I am sure he has only what he needs to support the coin.  Secondly unlike all these PoS fad coins that you can only mine for a week, which are all pump and dumps, this coin is like litecoin or bitcoin, it is mineable forever basically.  So the bounties are not that much due to the long mining life of the coin.  There was no IPO or hidden pre-mine blocks, there is far less of a premine or bounty coins than about 99% of the coins out there. The bounty has also been split up between a few people who all have helped in many ways promoting, getting pools, getting exchanges, new ideas for the future, etc., and these people feel they are part of the Quatloo team and have not dumped coins.  I feel that most likely as in any business, as the coin grows there will be some slow selling at times, but no one got into this coin for a 2 week pump and dump.  Bitcoin had a 5% pre-mine, Darkcoin had a 50% instamine, and those coins are doing very well.  I wouldn't be concerned about a .0015% bounty split over two weeks time between 5 people.  The biggest concern is getting the word out so Quatloo is as well known as the other big coins like Dark. Everyone can do their part to increase the price by spreading the word or buying the "cheap" QTL now, while the dev works on getting real world use for the coin.
legendary
Activity: 910
Merit: 1000
Bounty block 3211 hit by address QTWY176ZKmRwM3M74Z1Jr5Z5xUdBfraUah
legendary
Activity: 910
Merit: 1000
The last bounty block is coming up fast.. 3211 right around the corner!
legendary
Activity: 910
Merit: 1000
I lil help here on the price support at the exchange and we can get this coin rolling again.  Buy Quatloos!  There's promotion in the works and there hasn't been any coin dumping ... price is rising! were in the game.
legendary
Activity: 910
Merit: 1000
I guess maybe I didn't explain clearly.  Let me explain it like this.

From a miner's perspective, why bother mining a coin when such huge sums of coins are "created" instantly?  It would take the typical miner YEARS to accumulate that many coins.  Even entire pools would take months to get there.  So why bother?

As for an investor, why purchase the coin when at any given instant, your investment could be drastically devalued by the dev handing out a couple hundred thousand coins?

This isn't that complicated really.  If you do things exactly the same way as every other coin is done, odds are your coin is going to end up like every other coin too.  And for scrypt that isn't too good.  



The exchange bounty was high, yes.  But amounts like this are one time and there are no 'give outs' like this from now on.  I'm doing my best to mitigate such fear as you mention.  When I launched , I wasn't sure how many coins would be snatched up with the early mining frenzy.. it was way less than i thought due to the DarkWaveGravity.
sr. member
Activity: 350
Merit: 250
I guess maybe I didn't explain clearly.  Let me explain it like this.

From a miner's perspective, why bother mining a coin when such huge sums of coins are "created" instantly?  It would take the typical miner YEARS to accumulate that many coins.  Even entire pools would take months to get there.  So why bother?

As for an investor, why purchase the coin when at any given instant, your investment could be drastically devalued by the dev handing out a couple hundred thousand coins?

This isn't that complicated really.  If you do things exactly the same way as every other coin is done, odds are your coin is going to end up like every other coin too.  And for scrypt that isn't too good. 

legendary
Activity: 910
Merit: 1000
A soon as it hit an exchange and people didn't see an instant gratification reward on what they mined, Mining slowed down.  Give it time. The record of trading proves there is no dumping and that should be encouraging to people.
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