[ANN]XtraCoin[CX] - SHA256 PoW/PoS - 1% PREMINE/ NO IPO - page 21.

Bitcoin_Mafia

member

Activity: 112

Merit: 10

Quote from: goldmann on May 16, 2014, 08:38:14 AM

Quote from: HunterS on May 16, 2014, 07:45:17 AM

1% is fine.what bothers me is the first annocement of 0% premine than next thing u are saying 1%.if u cant trust dev at launch than we have no hope

Hi HunterS,

we did some calculation and decided to make a premine to be able to provide further support
for the community. the premine is going to be used for bounties, giveaways and other
XtraCoin related stuff. Not one single premined coin will be sold.
We are paying everything else from our pockets (VPS, server, designer, marketing, etc.).
Btw - we will start a huge giveaway tonight.

We hope you understand us and our plan for this project.

I think XtraCoin has the potential to really grow into something cool. Looking forward to kickstarting the weekend
with the launch of XtraCoin

jdh015232

hero member

Activity: 756

Merit: 500

nvm

chisefu

hero member

Activity: 602

Merit: 500

http://chickenstrips.net will be around to do a launch pool, site will be up in the next couple hours for a pre-registration.

shkbits

sr. member

Activity: 295

Merit: 250

Quote from: xray on May 16, 2014, 09:03:55 AM

Can we really trust a Dev that changes the rules when he feels like , 0% premine oh wait let me delay this 24hr and its 1% premine. oh wait let me dump this 1% and i am no longer dev.
transparency is not very clear here !

Hmm, true that. Lets hope, this doesn't hit any exchange until the premine amount is properly spent.

xray

sr. member

Activity: 341

Merit: 250

Can we really trust a Dev that changes the rules when he feels like , 0% premine oh wait let me delay this 24hr and its 1% premine. oh wait let me dump this 1% and i am no longer dev.
transparency is not very clear here !

shkbits

sr. member

Activity: 295

Merit: 250

1% premine is absolutely fine if it goes towards the promotion of the coin. A part of that could also be used for the vps hosting and all kind of infrastructure expenses. Developer's fees could also be taken from that premine (everyone is here for some profit

). It would be really appreciated if you could post the premine wallet account for better transparency, so that anyone can track the coin movement. We have seen so many good coins starting off excellently and loosing the momentum in the middle because of the lack of fund. If the premine amount could be utilized to build an excellent multipool during the PoS phase, then sky is the limit. Well, everything depends upon how much honest & dedicated the developer is and the community will follow.

Just my 2c.

brim

newbie

Activity: 54

Merit: 0

More and more coins, how do I choose only really a problem or not up!

goldmann

member

Activity: 112

Merit: 10

www.xtracoin.cz.cc

Quote from: HunterS on May 16, 2014, 07:45:17 AM

1% is fine.what bothers me is the first annocement of 0% premine than next thing u are saying 1%.if u cant trust dev at launch than we have no hope

Hi HunterS,

we did some calculation and decided to make a premine to be able to provide further support
for the community. the premine is going to be used for bounties, giveaways and other
XtraCoin related stuff. Not one single premined coin will be sold.
We are paying everything else from our pockets (VPS, server, designer, marketing, etc.).
Btw - we will start a huge giveaway tonight.

We hope you understand us and our plan for this project.

HunterS

hero member

Activity: 644

Merit: 500

1% is fine.what bothers me is the first annocement of 0% premine than next thing u are saying 1%.if u cant trust dev at launch than we have no hope

fabrizio7100

newbie

Activity: 54

Merit: 0

Italian Translation : https://bitcointalk.org/index.php?topic=611327.new#new

By fabrizio7100

goldmann

member

Activity: 112

Merit: 10

www.xtracoin.cz.cc

Quote from: workminer on May 16, 2014, 06:13:56 AM

waiting

+1

workminer

sr. member

Activity: 308

Merit: 250

waiting

goldmann

member

Activity: 112

Merit: 10

www.xtracoin.cz.cc

Quote from: luckykitty on May 16, 2014, 06:02:09 AM

1% pre-mining is acceptable, I support you, dev.

+1

we will put a lot of work into Xtracoin. this is a fulltime project for us.

luckykitty

sr. member

Activity: 533

Merit: 251

1% pre-mining is acceptable, I support you, dev.

goldmann

member

Activity: 112

Merit: 10

www.xtracoin.cz.cc

Quote from: raskul on May 16, 2014, 05:32:40 AM

Quote from: Bitcoin_Mafia on May 16, 2014, 05:30:19 AM

Quote from: xray on May 16, 2014, 01:34:45 AM

yes well this became a shitcoin when you decided at the last minute to edit your original post and make this coin a PREMINE !
thats me out , when you can just dump your premine coins like lots of other devs did in the past

I'm not a coindev, but how do you expect them (or any other coin's developers) to fund bounties, giveaways, etc... that are
the bread and butter of post-launch promoting without a premine? Would you prefer that a mandatory 'tax' be assessed on
every coin mined instead and *that* go toward bounties and such? I'm sure you'd be outraged over that, too.

1% premine is nothing in the grand scheme of things, particularly if there is transparency.

i'm paying bounties on SOV without a premine.

i never heard of SOV. and just had a look on your thread: 24 pages within 3 months.... NO bockexplorer. NO faucet. NO games. NO merchants. NO marketingactions. NO services. NOTHING. screwed blockchain because of 900GHs (?!?!?!)... maybe it would ve been a lot more sucessfull if you would ve made a small premine for interesting bounties. at least a nice one for a good logo and blockexplorer + sourcecode review by a experienced developer.

anyway. good luck with SOV,
and have a nice day.

Bitcoin_Mafia

member

Activity: 112

Merit: 10

Quote from: raskul on May 16, 2014, 05:32:40 AM

Quote from: Bitcoin_Mafia on May 16, 2014, 05:30:19 AM

Quote from: xray on May 16, 2014, 01:34:45 AM

yes well this became a shitcoin when you decided at the last minute to edit your original post and make this coin a PREMINE !
thats me out , when you can just dump your premine coins like lots of other devs did in the past

I'm not a coindev, but how do you expect them (or any other coin's developers) to fund bounties, giveaways, etc... that are
the bread and butter of post-launch promoting without a premine? Would you prefer that a mandatory 'tax' be assessed on
every coin mined instead and *that* go toward bounties and such? I'm sure you'd be outraged over that, too.

1% premine is nothing in the grand scheme of things, particularly if there is transparency.

i'm paying bounties on SOV without a premine.

And that's great that you choose to do that

My point is that imo there is nothing wrong with a small premine IF there is
transparency so other miners and users of the coin can be confident that it is being used for its stated purpose. A premine
doesn't necessarily = shitcoin.

goldmann

member

Activity: 112

Merit: 10

www.xtracoin.cz.cc

Quote from: raskul on May 16, 2014, 05:32:40 AM

Quote from: Bitcoin_Mafia on May 16, 2014, 05:30:19 AM

Quote from: xray on May 16, 2014, 01:34:45 AM

yes well this became a shitcoin when you decided at the last minute to edit your original post and make this coin a PREMINE !
thats me out , when you can just dump your premine coins like lots of other devs did in the past

I'm not a coindev, but how do you expect them (or any other coin's developers) to fund bounties, giveaways, etc... that are
the bread and butter of post-launch promoting without a premine? Would you prefer that a mandatory 'tax' be assessed on
every coin mined instead and *that* go toward bounties and such? I'm sure you'd be outraged over that, too.

1% premine is nothing in the grand scheme of things, particularly if there is transparency.

i'm paying bounties on SOV without a premine.

i never heard of SOV. and just had a look on your thread: 24 pages within 3 months.... NO bockexplorer. NO faucet. NO games. NO merchants. NO marketingactions. NO services. NOTHING. maybe it would ve been a lot more sucessfull if you would ve made a small premine for interesting bounties. at least a nice one for a good logo and blockexplorer.

anyway. good luck with SOV,
and have a nice day.

raskul

sr. member

Activity: 434

Merit: 250

Quote from: Bitcoin_Mafia on May 16, 2014, 05:30:19 AM

Quote from: xray on May 16, 2014, 01:34:45 AM

yes well this became a shitcoin when you decided at the last minute to edit your original post and make this coin a PREMINE !
thats me out , when you can just dump your premine coins like lots of other devs did in the past

I'm not a coindev, but how do you expect them (or any other coin's developers) to fund bounties, giveaways, etc... that are
the bread and butter of post-launch promoting without a premine? Would you prefer that a mandatory 'tax' be assessed on
every coin mined instead and *that* go toward bounties and such? I'm sure you'd be outraged over that, too.

1% premine is nothing in the grand scheme of things, particularly if there is transparency.

i'm paying bounties on SOV without a premine.

Bitcoin_Mafia

member

Activity: 112

Merit: 10

Quote from: xray on May 16, 2014, 01:34:45 AM

yes well this became a shitcoin when you decided at the last minute to edit your original post and make this coin a PREMINE !
thats me out , when you can just dump your premine coins like lots of other devs did in the past

I'm not a coindev, but how do you expect them (or any other coin's developers) to fund bounties, giveaways, etc... that are
the bread and butter of post-launch promoting without a premine? Would you prefer that a mandatory 'tax' be assessed on
every coin mined instead and *that* go toward bounties and such? I'm sure you'd be outraged over that, too.

1% premine is nothing in the grand scheme of things, particularly if there is transparency.

goldmann

member

Activity: 112

Merit: 10

www.xtracoin.cz.cc

Quote from: xray on May 16, 2014, 01:34:45 AM

yes well this became a shitcoin when you decided at the last minute to edit your original post and make this coin a PREMINE !
thats me out , when you can just dump your premine coins like lots of other devs did in the past

we wouldn't be able to start a rainstorm (via IRC tipbot) and bounties without the premine.
the premine walletaddress is going to be posted in the OP and every transaction out of it
is going to be published so the community can make sure we are not going to dump it.
btw - 1% is a very small premine and not even one coin is going to be sold on exchanges.

Topic: [ANN]XtraCoin[CX] - SHA256 PoW/PoS - 1% PREMINE/ NO IPO - page 21. (Read 53808 times)