Topic: [ANN][TRDR] Trader Coin - Decentralized - Profit Share program First payout 9/10 - page 34. (Read 56234 times)

dev, can you write an autogen.sh and configure.ac for centos?

https://github.com/dogecoin/dogecoin/blob/master/configure.ac

https://github.com/dogecoin/dogecoin/blob/master/autogen.sh

^ this is what i mean. CentOS installs are difficult sometimes, this will help exchanges and pools running CentOS

this is what auto-install looks like after those are complete:

https://gist.github.com/patricklodder/c7c067cc831f0d3190c2#file-build-dogecoin-sh

The purpose of this altcoin is to not have a purpose? I'm confused!

Any other pools please let me know and I will add you to the OP. I am also working on getting listed with exchanges right away.

Pools added

Understandable. I debated x11 vs scrypt.

Scrypt ...no thanks... 

If you are mad dont mine it. I used the words if i dumped so what saying if I did it is a small % of the coin. I am not saying this coin is coin to be just the hype phase. I want to see this coin last a long time being community driven. To me it seems you want me to just say screw it I will do this for free. I am talking what is considered a small premine and if you have so much butt hurt over it just dont mine. I am not forcing you to. I guess I should not be upfront about things with you. I have put it out there either you like it or you dont. There is no reason for you to stick around here you have said your peace you think the premine is too big. Got great move on others can decide for themselves.

Ok, let's use an example of you dumping the coins in the first 10 days.  Your words were, "We can all agree that coins gain the most exposure at the beginning."  We also know that most traders look at market cap when determining value and market cap is calculated using currently outstanding coins, not the end of PoW total.  After 10 days of mining there will only be about 34K outstanding coins, with 5k, or 15% of them belonging to you. Let's assume a modest pump brings the market cap to 100K USD, which isn't out of the question for a freshly hyped coin. So you do the math. That nets you close to 15k usd of pre-mine that you can dump.  5-10 days after launch is the sweet spot for pump and dumps.  Sounds like a well hidden, lucrative scam to me. You are the one that said, "But lets say I dump with in the first 2 days of the coins life. My question to put it blatantly is so what?" It sounds like this could be your plan and you feel justified in doing it.

Edit: Now that I think about the words you used it just makes me more mad.  You are basically saying who cares if I make a useless coin with no development and a pre-mine and just dump it.

It's all good. Devs getting compensated for their work is kind of a hut button issue with me. I'm a web
developer by trade and I've lost track of the number of times I've been asked do "just this one thing"
for free that turns into a big huge fiasco and the person asking doesn't think I should be compensated
because I'm just "sitting behind [your] computer - how hard could it really be?"

Yeah, there are still people that think that way. Not saying you do, just saying that they're out there.

See the bold.  This is the exact point where your pre-mine will be a VERY large % of the outstanding coins.

Ok, so the premine is only .05% of the total.  Most people are going to dismiss this because it's so small, right?  But, if you analyze this more closely one can see the problem here. Let me explain.  

After 30 days of mining and trading there will only be roughly 86k coins produced plus the 5K coin pre-mine for a total 91K coins.  This gives our not so active community developer here anywhere from about 64% to 5.5% of the outstanding coins within the first 1-30 days of trading.  I think we can all agree that most initial pump and dumps happen within the first few weeks of launch. IMO, The actual pre-mine % at risk of being dumped is actually closer to 20%-30% or so.  This could easily be a well disguised pre-mine dump for any unscrupulous developer.

Dude, while your opinion is respected and welcome.....YOU should be a little more respectful with your words man!  MUCH too quick to tell people to STFU and call them idiots, be cool man....this is not necessary bud.

Truth be told, you BOTH are making good points......neither is really right or wrong, but both are certainly valid points!

You brought up Dan Metcalf........I'm glad you did as XC is ALL about respecting other coins and communities.  You are right, the man deserves much for his efforts with XC. 

You also commented that this person should STFU when they don't know what they are talking about.  With all due respect, you should take some of your own advices it seems.  Tom did not say he wasn't going to develop the coin, he is saying he will not allow the coin to be dependent on him.  He is saying that HE, with the help of the community and as a community member will continue to develop the coin.  He is saying he will take an equal part with the community to further develop the coin, he is saying he will not be the hammer of the law and will work with the community to implement features or whatever that is agreed upon by the community as a whole.

I think if you knew a bit more of what you yourself was talking about, you would see your argument as some of us do.......completely pointless and ridiculous.  I REALLY mean no offense man, but from what I do know about Tom, albeit not a tremendous amount.......I can come to no conclusion other than he is a stand up and honest person.  The man has literally been taking a loss with Firecoin to try and help that community.  Do you have any idea how many hours and coins he has given out of his own pockets to entertain giveaways, just to gain more exposure for Firecoin...........he has gained nothing from that man, everything out of the kindness of his heart.

In my opinion, the efforts he has put forth for that community and coin has earned him much trust and respect on this forum!  To even bring up bullshit about this ridiculously small pre-mine....makes it very clear, it is you that doesn't know what is going on here!!

Please just keep this respectful and play nice, there are enough threads on this forum that are full of hatred and childish words.

Tom.....I do have a question for you brother.  With the work you are doing on Firecoin, and possibly others........do you have the time to stay active with this coin as well?  I think no matter what role you want to play in this, you will always be looked at as the "dev" and your continued involvement will still be essential here.

Just getting caught up on some of the earlier messages:

How is it that you feel the SYS escrow arrangement went to heck? It seems to have worked out generally as intended - recipient didn't meet the original terms, and so escrow was withheld. Now, the SYS devs are basically on probation with no incentive to run away until the promised work is done.

Header for Trader coin

Great overview - I appreciate this direct answer.

Everything will be released at launch.

We're not going to agree on this one, it seems, and that's cool. To each his own and all that.