[ANN][USE] UseCoin » X13 | 10+ Ghash | BITTREX | UseMarket Launching in 24 hrs! - page 57.

ShameOnYou

full member

Activity: 238

Merit: 100

Quote from: hero18688 on August 17, 2014, 04:58:37 PM

No need to extend POW age.Just change algo to a new one not dominate by multipool and rental.

Which algos would you suggest that are the most multipool resistant?

We feel like it is fairly impossible to be completely multipool resistant unless we launch PoW phase with hashrate limitation, but that would mean we need to be closed source until PoW is over and we rather not do that considering our launch.

hero18688

sr. member

Activity: 392

Merit: 250

No need to extend POW age.Just change algo to a new one not dominate by multipool and rental.

o48o

legendary

Activity: 3052

Merit: 1168

Leading Crypto Sports Betting & Casino Platform

Looks like i have to rent a miner again.

ShameOnYou

full member

Activity: 238

Merit: 100

Quote from: Nerazzura on August 17, 2014, 11:39:25 AM

nice coin
I am waiting for the other features published and we see how it could help to us all

Let us know what kinds of features you might be interested in

ShameOnYou

full member

Activity: 238

Merit: 100

Quote from: boopy265420 on August 17, 2014, 10:59:20 AM

Nice features guess this will succeed . Best of luck

Our highest priority is launching UseMarket on time and making sure all features of UseMarket are working.

After that we have plans to add Stealth addresses and Market integration directly into the wallet.

ShameOnYou

full member

Activity: 238

Merit: 100

Quote from: c6m0h3 on August 17, 2014, 09:16:34 AM

Quote from: ShameOnYou on August 12, 2014, 04:55:53 AM

Quote from: crimealone on August 12, 2014, 04:42:48 AM

1. no escrow
2. decentralized market based on openbazzar. Do you know how many coins' decentralized market will be based on it? No competitiveness.
3. Why not start ipco after some guys review your code?

1. We believe escrow may only further complicate things when it comes to launch.

Whhaaaattt??? IPO coin that isn't willing to escrow??? If that isn't a big red flag to stay away I do not know what is. I fail to see how escrow "complicates". Even if it does complicate things for you it's a small price to pay to help protect your investors from being scammed. Saying that you don't wan an escrow speaks volumes.

We changed our minds and added escrow ad you can see

Nerazzura

sr. member

Activity: 378

Merit: 250

trafficolaa

legendary

Activity: 1008

Merit: 1000

it sounds great.
i am in now

amiryaqot

legendary

Activity: 1050

Merit: 1000

waiting for wonderful launch...

boopy265420

legendary

Activity: 1876

Merit: 1005

Nice features guess this will succeed . Best of luck

c6m0h3

newbie

Activity: 38

Merit: 0

Quote from: ShameOnYou on August 12, 2014, 04:55:53 AM

Quote from: crimealone on August 12, 2014, 04:42:48 AM

1. no escrow
2. decentralized market based on openbazzar. Do you know how many coins' decentralized market will be based on it? No competitiveness.
3. Why not start ipco after some guys review your code?

1. We believe escrow may only further complicate things when it comes to launch.

Whhaaaattt??? IPO coin that isn't willing to escrow??? If that isn't a big red flag to stay away I do not know what is. I fail to see how escrow "complicates". Even if it does complicate things for you it's a small price to pay to help protect your investors from being scammed. Saying that you don't wan an escrow speaks volumes.

ShameOnYou

full member

Activity: 238

Merit: 100

Quote from: sukamasoto on August 17, 2014, 03:00:01 AM

nice coins for investment,
I will try to invest in these coins, although the small number of

Our minimum investment is only 0.01 for 1 share, so even small investors can grab a share of UseCoin

seek4dream

hero member

Activity: 966

Merit: 501

Quote from: ShameOnYou on August 17, 2014, 02:52:31 AM

Quote from: seek4dream on August 17, 2014, 02:50:14 AM

4,540,000 PoW Coins in 28 days
-------This concerns me a lot.
It means 90btc worth coins(assuming the price stays the same as IPO) flood into market in just 28 days.

We have actually already reduced the PoW period from a mere 7 days and upped it to 30 days after reconsideration. We believe 30 days is fair for PoW. We ourselves will be putting buy support for the coins that may be dumped by miners. You also have to consider the fact that a good portion of the free distribution coins will be destroyed, which lowers total supply available. This is ultimately beneficial for anyone who possess USE. We believe in fair distribution and this is likely one of the best ways to insure that. It helps protect early investors a fair amount and it also gives miners a fair chance of mining the coin. However, feedback is always appreciated. At this point it is unlikely we will make any further changes to the PoW period however, since we are so close to launch.

Syscoin just luanched hours ago. It has a very successuful IPO(1500btc) and its POW coins per day is only~1btc.
Since you only aim to raise 98btc maximum, 3 btc mined coins per day seems too much.

ShameOnYou

full member

Activity: 238

Merit: 100

Quote from: DRPD on August 17, 2014, 03:03:02 AM

heya i just signed up for some free coins

and i like to invest some btc.
but i'm a little bit afraid of free giveaways because free coins can be sold for any price.
how much do you give away on each account (i know the amount depends on rank)?

Hey I understand your concern. Out of the possible 12.5mil coins (after 5 years PoS), only 500,000 coins are being freely distributed and only to those who have followed our instructions. Any coins that are not given away will be destroyed. Free distribution ends the same time the pre-sale ends, which is August 26th. The amount of free coins we give out range from 500 - 2000 USE, depending on the rank.

Brand New, Newbie, Jr. Members, and Members are eligible for 500 USE
Full Members and Sr. Members are eligible for 1,000 USE
Hero Members and Legendary Members are eligible for 2,000 USE

Brand New and Newbies must use Twitter to tweet and follow us instead since they cannot use our provided signature.

DRPD

legendary

Activity: 1148

Merit: 1001

Quote from: ShameOnYou on August 17, 2014, 02:52:31 AM

Quote from: seek4dream on August 17, 2014, 02:50:14 AM

4,540,000 PoW Coins in 28 days
-------This concerns me a lot.
It means 90btc worth coins(assuming the price stays the same as IPO) flood into market in just 28 days.

We have actually already reduced the PoW period from a mere 7 days and upped it to 30 days after reconsideration. We believe 30 days is fair for PoW. We ourselves will be putting buy support for the coins that may be dumped by miners. You also have to consider the fact that a good portion of the free distribution coins will be destroyed, which lowers total supply available. This is ultimately beneficial for anyone who possess USE. We believe in fair distribution and this is likely one of the best ways to insure that. It helps protect early investors a fair amount and it also gives miners a fair chance of mining the coin. However, feedback is always appreciated. At this point it is unlikely we will make any further changes to the PoW period however, since we are so close to launch.

heya i just signed up for some free coins

and i like to invest some btc.
but i'm a little bit afraid of free giveaways because free coins can be sold for any price.
how much do you give away on each account (i know the amount depends on rank)?

sukamasoto

legendary

Activity: 1148

Merit: 1006

Black Panther

nice coins for investment,
I will try to invest in these coins, although the small number of

ShameOnYou

full member

Activity: 238

Merit: 100

Quote from: seek4dream on August 17, 2014, 02:50:14 AM

4,540,000 PoW Coins in 28 days
-------This concerns me a lot.
It means 90btc worth coins(assuming the price stays the same as IPO) flood into market in just 28 days.

We have actually already reduced the PoW period from a mere 7 days and upped it to 30 days after reconsideration. We believe 30 days is fair for PoW. We ourselves will be putting buy support for the coins that may be dumped by miners. You also have to consider the fact that a good portion of the free distribution coins will be destroyed, which lowers total supply available. This is ultimately beneficial for anyone who possess USE. We believe in fair distribution and this is likely one of the best ways to insure that. It helps protect early investors a fair amount and it also gives miners a fair chance of mining the coin. However, feedback is always appreciated. At this point it is unlikely we will make any further changes to the PoW period however, since we are so close to launch.

seek4dream

hero member

Activity: 966

Merit: 501

4,540,000 PoW Coins in 28 days
-------This concerns me a lot.
It means 90btc worth coins(assuming the price stays the same as IPO) flood into market in just 28 days.

ShameOnYou

full member

Activity: 238

Merit: 100

Quote from: -Greed- on August 17, 2014, 02:36:25 AM

Just bought .3 BTC worth shares. Good luck, devs!

Thank you! We will be keeping everyone up to date on our progress on UseMarket, as well as other features.

Soon we will hold some community votings on this thread to see which features the community would like to see as a priority.

Since we are a team of 3 developers, we are able to delegate our work to whoever is most specialized in it and be able to deliver on time. We are active, we always do our best to reply to questions as soon as possible. Always feel free to tweet, PM or e-mail us directly.

-Greed-

hero member

Activity: 910

Merit: 1000

Decentralized Jihad

Just bought .3 BTC worth shares. Good luck, devs!

Topic: [ANN][USE] UseCoin » X13 | 10+ Ghash | BITTREX | UseMarket Launching in 24 hrs! - page 57. (Read 78364 times)