[ANN][SHIFT] The New Web | IPFS/Phantom | ShiftNrg.org Hosted Decentralized! - page 263.

herbitcoins

member

Activity: 78

Merit: 10

Quote from: SpeedDemon13 on September 07, 2015, 07:14:10 PM

Quote from: herbitcoins on September 07, 2015, 06:55:58 PM

250 + 200 + 10 = 500 ? The premine is 250k. You can use the shift binary to check every block starting from genesis.

./shift-bin dump 0

Kind regards

haha so easy .. rounded amount you know ..approximation. add ~ ...
[/quote]

This is not an insult, but how the hell is 250+200+10=500? It's 460, you don't need calculus for that...lol

[/quote]

are you sure?? i will double check

SpeedDemon13

hero member

Activity: 518

Merit: 500

Quote from: herbitcoins on September 07, 2015, 06:55:58 PM

250 + 200 + 10 = 500 ? The premine is 250k. You can use the shift binary to check every block starting from genesis.

./shift-bin dump 0

Kind regards
[/quote]

haha so easy .. rounded amount you know ..approximation. add ~ ...
[/quote]

This is not an insult, but how the hell is 250+200+10=500? It's 460, you don't need calculus for that...lol

Don't dwell on the premine so much, if the total pow coins end up being 2 million, then that's just 12.5%. Compare to Ethereum, most of the coins are IPO/ICO are way over 50% (just being nice, more like 90% of the current total). It's either a partial premine and/or an IPO/ICO, projects do cost some capital to start and/or maintain.

The problems with all cryptos, including BTC, is adoption, practical usage, simplicity and gross power emissions (ie. gpu mining, asic, etc aren't very eco friendly). Some have transparency issues that create trust issues, possible ponzi schemes...

herbitcoins

member

Activity: 78

Merit: 10

[/quote]

250 + 200 + 10 = 500 ? The premine is 250k. You can use the shift binary to check every block starting from genesis.

./shift-bin dump 0

Kind regards
[/quote]

haha so easy .. rounded amount you know ..approximation. add ~ ...

ShiftTeam

hero member

Activity: 483

Merit: 510

The Shift Team

Quote from: herbitcoins on September 07, 2015, 06:10:14 PM

Quote from: ShiftTeam on September 07, 2015, 06:04:32 PM

Quote from: arloseb on September 07, 2015, 05:26:49 PM

Quote from: herbitcoins on September 07, 2015, 05:23:37 PM

Quote from: SpeedDemon13 on September 07, 2015, 04:57:09 PM

Quote from: Rage19420 on September 07, 2015, 04:50:29 PM

Quote from: SpeedDemon13 on September 07, 2015, 04:43:32 PM

Quote from: omnik on September 07, 2015, 04:38:42 PM

Quote from: Rage19420 on September 07, 2015, 04:21:35 PM

Quote from: omnik on September 07, 2015, 03:36:24 PM

Dump on bittrex with poor buy support. We need cryptsy and/or poloniex.

How do you arrive at poor buy support?

How does being on Cryptsy and or Poloniex increase buy support?

Roll Eyes

2.5 BTC buy support only, sell side is 37 BTC... more exchanges equals more diversity.

Just need one quality exchange, Poloniex.....Bittrex is slightly better than Cryptsy, Cryptsy is just plain slow when a coin is trading hot....

Maybe so but an exchange doesn't create buy support. Community interest does. Poloniex isn't going to add a coin if there is not already a demand and volume already.

Some times they add coins that they think have potential and not so much in demand, but rarely. ie. Burstcoin and Siacoin.....

The secret for a good coin ? Market Makers ...
Will market makers invest in a coin with ~500k premine and only 84k mined for now ... ? hum

Too bad.
500k premine.

Maybe the dev was thinking: "Hey,i forked eth, i will create the first eth fork and i get riiiiich." Go to get a real daily job.

250K premine. You can do a ./shift dump 0
this will print the genesis.

kind regards

this is not a criticism, I give my opinion that is all. Premine is normal. Also, maybe they have their own market makers ....who knows .. this is crypto ^^

About the 500k premine, I remember a print screen with 250k + 200k + 10k but i maybe wrong... but i still have the adress.

diff is low, perfect for me

Bye