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Topic: [ANN][STD] StandardCoin - BUILT-IN EXCHANGE - Permanently Rising Rate - page 24. (Read 48005 times)

sr. member
Activity: 252
Merit: 250
I'm a miner myself with a reasonably large farm. What's wrong with selling a little STD if people want to buy? RE: Pool fees - our fees are actually quite low, considering the considerably increased profitability we provide our miners, two full time staff members, servers, and the number of man-hours spent in development.

I appreciate your being a miner too ... that being said .....the three % of 1000MH currently on your pool is approx  30MH worth of coins that the community ...  members of the pool provide to you... much more than most people have . I think that the pool is a business as such shouldn't be selling against the community that provides the 30MH to you..      Im not saying you shouldn't sell your coins but maybe sell them from a personal account instead of the IPOminer account.   Separate your business of running a pool and your business of being a miner.  Just good business practice .  But maybe it doesn't seem odd to anyone else ....   just saying ...first time i've seen a pool operator do this kind of thing.
Keep in mind most of the money he's getting from these sales he pushes back into the development and sustaining the site itself, so it wouldn't make sense for him to sell from his personal account, because these are the business' coins, not his personal coins.

And how do you know this? Are you the pool owner? How would you know what he does with the coin sales.    Im not trying to create an issue in fact I mine at IPO and multi pool  so I do truly appreciate the service  (even though the interface feels outdated) .  But it seems you know his motives and are speaking for him so maybe you are him.    Just seemed odd to see a pool operator hawking coins before they were on a market ....  Also thought it was odd for a multi pool to push up the hash rate and difficulty so quickly after a launch ....and kill the other pools incomes .... this kind of thing will kill scrypt coins from being put out in the future I suspect.. Just my personal observation   ..no real issues here.
newbie
Activity: 14
Merit: 0
 http://i39.photobucket.com/albums/e188/OmarxGx/omarg_zpsf295e931.png

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member
Activity: 409
Merit: 10
Join @Bountycloud for the best bounties!
Can't sync the wallet, anyone can provide nodes?
full member
Activity: 140
Merit: 100
Bored
Selling 1k STD for 0.5BTC+. PM if interested.
full member
Activity: 168
Merit: 100
I'm a miner myself with a reasonably large farm. What's wrong with selling a little STD if people want to buy? RE: Pool fees - our fees are actually quite low, considering the considerably increased profitability we provide our miners, two full time staff members, servers, and the number of man-hours spent in development.

I appreciate your being a miner too ... that being said .....the three % of 1000MH currently on your pool is approx  30MH worth of coins that the community ...  members of the pool provide to you... much more than most people have . I think that the pool is a business as such shouldn't be selling against the community that provides the 30MH to you..      Im not saying you shouldn't sell your coins but maybe sell them from a personal account instead of the IPOminer account.   Separate your business of running a pool and your business of being a miner.  Just good business practice .  But maybe it doesn't seem odd to anyone else ....   just saying ...first time i've seen a pool operator do this kind of thing.

He did it right in open - right in front of you. LOL. 3% fee and high end support  Grin
full member
Activity: 140
Merit: 100
Bored
I'm a miner myself with a reasonably large farm. What's wrong with selling a little STD if people want to buy? RE: Pool fees - our fees are actually quite low, considering the considerably increased profitability we provide our miners, two full time staff members, servers, and the number of man-hours spent in development.

I appreciate your being a miner too ... that being said .....the three % of 1000MH currently on your pool is approx  30MH worth of coins that the community ...  members of the pool provide to you... much more than most people have . I think that the pool is a business as such shouldn't be selling against the community that provides the 30MH to you..      Im not saying you shouldn't sell your coins but maybe sell them from a personal account instead of the IPOminer account.   Separate your business of running a pool and your business of being a miner.  Just good business practice .  But maybe it doesn't seem odd to anyone else ....   just saying ...first time i've seen a pool operator do this kind of thing.
Keep in mind most of the money he's getting from these sales he pushes back into the development and sustaining the site itself, so it wouldn't make sense for him to sell from his personal account, because these are the business' coins, not his personal coins.
sr. member
Activity: 252
Merit: 250
I'm a miner myself with a reasonably large farm. What's wrong with selling a little STD if people want to buy? RE: Pool fees - our fees are actually quite low, considering the considerably increased profitability we provide our miners, two full time staff members, servers, and the number of man-hours spent in development.

I appreciate your being a miner too ... that being said .....the three % of 1000MH currently on your pool is approx  30MH worth of coins that the community ...  members of the pool provide to you... much more than most people have . I think that the pool is a business as such shouldn't be selling against the community that provides the 30MH to you..      Im not saying you shouldn't sell your coins but maybe sell them from a personal account instead of the IPOminer account.   Separate your business of running a pool and your business of being a miner.  Just good business practice .  But maybe it doesn't seem odd to anyone else ....   just saying ...first time i've seen a pool operator do this kind of thing.
full member
Activity: 196
Merit: 100
Interesting experiment, I hope it works out for everyone, yes including the devs. At least the idea is somewhat fresh, not sure how people are calling it a ponzi scheme unless there's hidden Ill intentions. Good luck Standard, stay true to the crypto world.
hero member
Activity: 984
Merit: 1000
Can somebody plz tell me where to download the wallet? I can't find it on standardcoin.net  Huh
https://www.dropbox.com/s/gccgqeyxhipku62/Standardcoin-Qt-Windows-1.0.0.0-nopass.zip

I need the source as I don't have windows. Thank you anyway!

@standardcoin
Is this a windows only coin?
full member
Activity: 210
Merit: 100
LION Devloper, Graphics Designer!
legendary
Activity: 1050
Merit: 1000
Mine the hottest new coins at ipoMiner.com
@stevetrac There's something wrong with your miner configuration if you are seeing 4500KH/s on a pool when you have 7000KH/s in your miner. Having said that, hashrate that is reported on pools is calculated by the number of shares you submit, which is reflected in your miner as "Work Units" (WU). WU in your miner should fairly closely line up with what you see on the pool, and it should be 85-95% of the hashrate that your miner reports. Feel free to drop me an email and I can help you troubleshoot it.
newbie
Activity: 28
Merit: 0
is this right or worng ? Guaranteed Exchange Rate (?) (Value in Satoshi) = 0.0000000084 ? it is 10 zero after 0.
It's 0.84 satoshi ~ 0.0000000084 BTC

then AMC needs to go to the moon so we can sell at GER value
I can't say if AMC can go to the moon or not.
But I'm sure that AMC can not fall.
full member
Activity: 210
Merit: 100
LION Devloper, Graphics Designer!
is this right or worng ? Guaranteed Exchange Rate (?) (Value in Satoshi) = 0.0000000084 ? it is 10 zero after 0.
It's 0.84 satoshi ~ 0.0000000084 BTC

then AMC needs to go to the moon so we can sell at GER value
sr. member
Activity: 420
Merit: 250
I'm a miner myself with a reasonably large farm. What's wrong with selling a little STD if people want to buy? RE: Pool fees - our fees are actually quite low, considering the considerably increased profitability we provide our miners, two full time staff members, servers, and the number of man-hours spent in development.
nothing wrong with that , but would love to know why my hashrate is always shown as below 4500kh/s when i send over 7000kh/s where does that go
newbie
Activity: 28
Merit: 0
is this right or worng ? Guaranteed Exchange Rate (?) (Value in Satoshi) = 0.0000000084 ? it is 10 zero after 0.
It's 0.84 satoshi ~ 0.0000000084 BTC
legendary
Activity: 1050
Merit: 1000
Mine the hottest new coins at ipoMiner.com
I'm a miner myself with a reasonably large farm. What's wrong with selling a little STD if people want to buy? RE: Pool fees - our fees are actually quite low, considering the considerably increased profitability we provide our miners, two full time staff members, servers, and the number of man-hours spent in development.
full member
Activity: 210
Merit: 100
LION Devloper, Graphics Designer!
is this right or worng ? Guaranteed Exchange Rate (?) (Value in Satoshi) = 0.0000000084 ? it is 10 zero after 0.
newbie
Activity: 28
Merit: 0
So you are basically using initial btc investment to buy back mined std.
If no new investors come to replenish btc reserves they'll eventually run out and someone will be left holding 0 value coins.
It's a blatant Ponzi.

No, each STD will worth at least at the GER. This is permanent.
The system won't need any new investor to replenish anything.
It just works.

Please read this post, I explained it there.
https://bitcointalksearch.org/topic/m.5877531
hero member
Activity: 602
Merit: 500
Yes. I'm willing to negotiate a bit for bulk sales if you're interested in >100 STD, otherwise the minimum is 25 @ 0.1 BTC.

Wow pool owners dumping coins on the community  ... now I see what the 3% fee your charging on you pool is for ....for you to profit quickly   ...hmmn    .  Nice business model  I think I am going to hire a freelance programmer...

wow i never thought that way honestly. He is just mining this coin at launch with 1000mh so he can dump his coins quick for profit. Pretty smart but I don't like to see it like this.
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