Topic: [ANN][STD] StandardCoin - BUILT-IN EXCHANGE - Permanently Rising Rate - page 25. (Read 48005 times)
March 25, 2014, 07:26:27 PM
Im not positive but Im pretty sure one of the pools was stealing hashes and not paying out at the start of mining...first 15mins or so.
March 25, 2014, 07:25:21 PM
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.
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.
March 25, 2014, 07:18:59 PM
WTS 43,7 STD at 0.02 BTC
March 25, 2014, 07:18:24 PM
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...
March 25, 2014, 07:18:06 PM
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.
do you think the price will go higher next days ?
Why do I buy 25 STD @ 0.1 BTC while I can get 25 STD for 0.0000006 BTC here?
https://standardcoin.net/price_valuation
https://standardcoin.net/price_valuation
March 25, 2014, 07:17:31 PM
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.
do you think the price will go higher next days ?
That´s a completely loss of your money... if you believe in this coin and you want to risk some BTC you will get much more coins in the valuation phase as IPO
the thing is i mined 500+ STD, and i didn't understand how this valuation phase works :S
March 25, 2014, 07:16:59 PM
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.
do you think the price will go higher next days ?
That´s a completely loss of your money... if you believe in this coin and you want to risk some BTC you will get much more coins in the valuation phase as IPO
thats what im saying. With current difficulty it makes no sense to mine. Might aswell put some money in the ipo. Will get me much more compared to mining/electricity costs.
March 25, 2014, 07:16:48 PM
no block source available
Here is the block explorer: http://explorer.standardcoin.net/chain/StandardCoin
300,000,000 out of 400,000,000 Pre-mined. (75%)
Here's Block 1: http://explorer.standardcoin.net/block/3f09bf4ec77ebf3dbbd84f088330e5846929d3a5d7499ec61c5bdc671e1418b2
Hopefully that Block never gets dumped on the market. It could be murder on the price.
Did you come up with the Symbol STD? There are alternative meanings to that term, just so you know.
March 25, 2014, 07:15:00 PM
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.
do you think the price will go higher next days ?
That´s a completely loss of your money... if you believe in this coin and you want to risk some BTC you will get much more coins in the valuation phase as IPO
March 25, 2014, 07:12:54 PM
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.
do you think the price will go higher next days ?
March 25, 2014, 07:10:45 PM
no block source available
Here is the block explorer: http://explorer.standardcoin.net/chain/StandardCoin
300,000,000 out of 400,000,000 Pre-mined. (75%)
Here's Block 1: http://explorer.standardcoin.net/block/3f09bf4ec77ebf3dbbd84f088330e5846929d3a5d7499ec61c5bdc671e1418b2
Hopefully that Block never gets dumped on the market. It could be murder on the price.
March 25, 2014, 07:07:15 PM
no block source available
Here is the block explorer: http://explorer.standardcoin.net/chain/StandardCoin
300,000,000 out of 400,000,000 Pre-mined. (75%)
Here's Block 1: http://explorer.standardcoin.net/block/3f09bf4ec77ebf3dbbd84f088330e5846929d3a5d7499ec61c5bdc671e1418b2
Hopefully that Block never gets dumped on the market. It could be murder on the price.
March 25, 2014, 07:05:11 PM
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.
March 25, 2014, 07:04:36 PM
no block source available
March 25, 2014, 07:02:02 PM
WTS @ 0.004 BTC. Have plenty to go around -- PM if you are interested, 200+ available.
is this 0.004BTC how 1 STD worth ?? 200STD = 0.8BTC ?
March 25, 2014, 06:58:13 PM
It works because its a Ponzi scheme ....early sellers get their money out 
I could be wrong but it looks like one... The math on the site says AMC = GER over MMS which is currently Amc=2.25 = Ger 0.56 over MMS 200,000,000 im bad at math so someone smart calculate the value ....
I could be wrong but it looks like one... The math on the site says AMC = GER over MMS which is currently Amc=2.25 = Ger 0.56 over MMS 200,000,000 im bad at math so someone smart calculate the value ....MMS is a fixed number, which equals to 400,000,000
I dont get it
Investor 1 decided to take profit. They sell 100,000,000 STD back to the store at the current GER rate which is 40 satoshi
Investor 1 will receive 40 BTC.
AMC is STILL 160 BTC
GER is STILL 0.000000040 BTC (~ 40 satoshi)
Stored STD is: 50,000,000 + 100,000,000 = 150,000,000 STD
The AMC is not affeted by this selling activity.
GER still stays at 40 satoshi no matter what.
So how does Investor 1 get 40 BTC and AMC can still stay on 160 BTC?
Where does the 40 BTC come from then?
Investor 1 decided to take profit. They sell 100,000,000 STD back to the store at the current GER rate which is 40 satoshi
Investor 1 will receive 40 BTC.
AMC is STILL 160 BTC
GER is STILL 0.000000040 BTC (~ 40 satoshi)
Stored STD is: 50,000,000 + 100,000,000 = 150,000,000 STD
The AMC is not affeted by this selling activity.
GER still stays at 40 satoshi no matter what.
So how does Investor 1 get 40 BTC and AMC can still stay on 160 BTC?
Where does the 40 BTC come from then?
It's AMC (Accumulative Market Capacity) it's not Market Capacity.
AMC is the total amount of BTC that has been used to buy STD. This number can only rise overtime.
Investor 1 sell 50,000,000 STD for BTC. He will get 40 BTC, at the same time he will also remove 50,000,000 STD from circulation.
So now there is only 250,000,000 STD in circulation.
250,000,000 STD * 40 satoshi ~ 100 BTC the stored BTC is always enough to buy back all STD in circulation.
March 25, 2014, 06:56:36 PM
WTS @ 0.004 BTC. Have plenty to go around -- PM if you are interested, 200+ available.
March 25, 2014, 06:55:53 PM
Selling STD. Looking for .004.
March 25, 2014, 06:46:50 PM
So how does Investor 1 get 40 BTC and AMC can still stay on 160 BTC?
Where does the 40 BTC come from then?
Where does the 40 BTC come from then?
From mtgox
March 25, 2014, 06:45:18 PM
It works because its a Ponzi scheme ....early sellers get their money out I could be wrong but it looks like one... The math on the site says AMC = GER over MMS which is currently Amc=2.25 = Ger 0.56 over MMS 200,000,000 im bad at math so someone smart calculate the value ....
I could be wrong but it looks like one... The math on the site says AMC = GER over MMS which is currently Amc=2.25 = Ger 0.56 over MMS 200,000,000 im bad at math so someone smart calculate the value .... Jump to: