we here at bumbacoin thnk that using our remaining Bumba to burn/swap for Barr would be a fine thing to do,
(for those who dont know, Barr is distributed by burning shitcoins for Barr)
upon suggesting this in the barr thread
https://bitcointalksearch.org/topic/m.13763615the Barr dev, quickly escalated our conversation.
he is impressively rude with a short politeness window
quickly loses normal social conventions.
which is generally true about most online interactions and bitcointalk in general. lol
.
his general outrage that we could suggset such a thing, led me to unsuccesfully attempt to point out that there is nothing inherently special about Barr that prevent us from burning Barr for Bumbacoin. nor for that matter anything preventing any shitcoin from doing exaclty the same thing Barr is doing.
(he is very satisfied about teh pure genuis that is Barr and seems quite touchy)
i began to focus on two seperate things,which he doesnt seem to appreciate about the nature of Barr.
both of which have some level of importance in my view.
1. the burn process is not trustless.
you could dump any amount of Barr you wanted at any time.
No, that's you and your hidden premine. Again, we're not like Bumbacoin.
Our transparent accountability is trustless, because anyone can see exactly where every single BARR goes on the NXT blockchain in real-time.
obviously mistaking his honesty for a trustless situation.
2. the continued injection of funds from the Barr team, creates a manipulated value.
leading to an untrusted situation where there is no transparency regarding Barr actions
If we can buy 30% of the total supply at 100 sats, it's probably not worth it to start paying 200 sats. Or if our entire buywall at 100 always gets filled in 5 minutes and we're running out of money, we'll try buying at 50. If our order sits at 50 for 2 days and nobody sells, maybe we'll try 75.
Basically we just try to buy as many coins as we can with the limited BTC we have.
And then other people buy too, and burn their coins for BARR.
Last month we tried doing it differently, putting up a buywall for BARR, letting other people buy the altcoins, and then they could burn them and sell their BARR on a more liquid market. It definitely resulted in huge trade volume for BARR, but we could've burned more altcoins the usual way.
But mostly from my own pocket. I've been spending at least $1000 a month of my own money, and that comes from my day job. So far I haven't sold any BARR, and we're not making any money from altcoins either because we burn them all.
it's very simple.
if they purely swapped Barr for shitcoin, there would be no artifical price manipulations from their end.
but as they are actively injecting funds into the process, there is artificial price manipulations from their end.
of course there may still be artificial manipulations, but the point is that they are inadvertently doing so.
.
meanwhile runpaint/barr_dev continues to make big things about their honestly and transparency whilst not keeping either their thread opening posts up to date or website up to date
both lacking current information on all swaps.
also not realising their active purchasing shitcoin/Barr creates an area open to manipulation which, if they are so gung ho about their open-ness and honesty, should be best treated with transparency about their actions.
at this point, they could own 90% of all "distributed" BARR and no-one would know. (they do already own the vast majority of total coins as the burn fund)
.
none of these things are necessary problems, they could own 100% of Barr for all i care, as long as they are transparent.
involving their personal funds in such a coin/venture gives rise to potential fraudulent activity as long as they are not transparent.
..
here follows some rudeness
- attacking my honesty
You came here to talk trash, and now you're upset because of the simple facts.
Like I said, we'll ask your advice when we want to be like Bumbacoin.
But you assume we're already like Bumbacoin, so it confuses and frustrates you that we do things honestly instead of the way you do things.
- lol. hidden premine, such a low blow
you could dump any amount of Barr you wanted at any time.
No, that's you and your hidden premine. Again, we're not like Bumbacoin.
Our transparent accountability is trustless, because anyone can see exactly where every single BARR goes on the NXT blockchain in real-time.
- oh my poor integrity
lol Bumba was never meant to be anything more than a shitcoin so go figure.
Then stop selling it to the public for real money.
Again, you're confused because you think everyone else runs their coins like you do.
You see your coin as a way to take people's money and then tell them it was just a joke. That's not what we're doing.
You're a liar, and a waste of time. You showed up with fud and passive-aggressive insults from your first post.
I tried responding politely, but you weren't interested in an honest conversation because you're just here to cause trouble.
So I responded with facts to refute everything you said, and now you're whining like a baby about rudeness. I'm not the one who showed up to someone else's thread and started spamming bullshit. That's you, and once again you can't seem to tell the difference between yourself and other people.
- i didnt lie once, and he continued to make direct comments about my integrity, and other continued underhand rudeness. in other words, he continued to lie.
i'm just over all impressed with his self righteous indignation.
and while i'm all passive agressive and baby whiney, he is jsut outright snide and rude.
strange how someone can take being called rude as whiney.
edit.
i wonder if they will truly ever burn a dead coin?
how can you make a buy wall on a dead coin?
============================================================
just because i do like a good conversation.
-edit
apparently after reading this it is possible to get the impression bumbacoin dumped a bumbacoin premine?
not sure how that is possible to get that impression as it is purely the barr dev making stuff up, but i guess that's the price you pay when you troll. passionate emotions etc make it hard to keep a good logic in place.
There has never been any Bumbacoin Premine dumped.
I hope that clears that up
why are you burning coins with active devs ?
bowscoin dev posted on the 24th jan.
actively advertising goods for bowscoin.
just weird how you're promoting the death of shitcoins as a good thing, when you're working on a coin which is obviously alive and seems to have more going for it than BARR
ie you can use it to purchase real world goods.
edit.
lol please burn BUMBA. 20 million coins is obviously far too many in this day of shitcoin bloat
why are you burning coins with active devs ?
Dead coins are already dead. When a coin is still actively traded, we can help the people whose money is in that coin.
bowscoin dev posted on the 24th jan.
actively advertising goods for bowscoin.
We've been talking to BowsCoin Dev about burning BowsCoin since last October. He has never objected in the past 4 months.
just weird how you're promoting the death of shitcoins as a good thing, when you're working on a coin which is obviously alive and seems to have more going for it than BARR
We've raised the price of BowsCoin from 22 satoshis to 200 satoshis, so BARR
is the best thing it has going for it.
edit.
lol please burn BUMBA. 20 million coins is obviously far too many in this day of shitcoin bloat
Are you sure that wouldn't be "weird"?
bowscoin dev posted on the 24th jan.
actively advertising goods for bowscoin.
We've been talking to BowsCoin Dev about burning BowsCoin since last October. He has never objected in the past 4 months.
well, that's good then
edit.
lol please burn BUMBA. 20 million coins is obviously far too many in this day of shitcoin bloat
Are you sure that wouldn't be "weird"?
sure, but weird is good. lol
i'm considering offering to burn BARR for Bumba, i will have to look at teh figures and see what sort of ratio i can offer.
i'm considering offering to burn BARR for Bumba, i will have to look at teh figures and see what sort of ratio i can offer.
How many Bumba do you have?
When we offer a coin for burn redemption, we have enough funds allocated to swap the entire coin supply of that coin.
So if you're going to do it that way, you'll need enough Bumba in your personal wallet to replace about 100,000 BARR in circulation. At current market rates, it would take over 30 million Bumba to swap 100,000 BARR. Of course there isn't that much Bumba in existence, even if you owned the entire supply. But you could offer a rate less than the market.
Bumba's around 35 satoshis, but let's estimate it at 100 satoshis. BARR is trading at 11,000 satoshis, although there's nobody selling that low. But let's round it way down and call it 2000 satoshis.
So if you estimate Bumba at 3 times more than the market rate and BARR at 5 times less than the market rate, you can offer 20 Bumba for every 1 BARR burned. Then you'll only need 2 million Bumba.
But if you give away 2 million of your own Bumba, it doesn't really accomplish anything different from just giving it away and not burning anything. BARR is only issued when altcoins are burned, so that's our method of mining. So when someone burns altcoins, they're creating new BARR. There's not really a reason to do it for a PoW coin.
i'm considering offering to burn BARR for Bumba, i will have to look at teh figures and see what sort of ratio i can offer.
How many Bumba do you have?
When we offer a coin for burn redemption, we have enough funds allocated to swap the entire coin supply of that coin.
So if you're going to do it that way, you'll need enough Bumba in your personal wallet to replace about 100,000 BARR in circulation. At current market rates, it would take over 30 million Bumba to swap 100,000 BARR. Of course there isn't that much Bumba in existence, even if you owned the entire supply. But you could offer a rate less than the market.
Bumba's around 35 satoshis, but let's estimate it at 100 satoshis. BARR is trading at 11,000 satoshis, although there's nobody selling that low. But let's round it way down and call it 2000 satoshis.
So if you estimate Bumba at 3 times more than the market rate and BARR at 5 times less than the market rate, you can offer 20 Bumba for every 1 BARR burned. Then you'll only need 2 million Bumba.
But if you give away 2 million of your own Bumba, it doesn't really accomplish anything different from just giving it away and not burning anything. BARR is only issued when altcoins are burned, so that's our method of mining. So when someone burns altcoins, they're creating new BARR. There's not really a reason to do it for a PoW coin.
hmm, well i'm not really interested in swapping the whole shebang of BARR. as amusing as that would be.
there is a quantity of the BUMBA premine that is still targeted for distribution. issuing those coins as swap/burn coins would be highly entertaining.
swapping Bumba for Barr could help strengthen both currencies apparently.
i have swapped names form this excerpt from your OP ..
– If BUMBA offers an exchange for BARR and the BARR supply is only partially destroyed, then BUMBA and BARR can both benefit. BUMBA can gain users and adopt the value of the absorbed coins which were burned, while BARR can continue with a higher value.
seems like a win win
edit.
although i believe you have a stupendous amount of BARR in the burn fund, that even if we did burn the entier current circulated quantity of BARR, you would attempt to keep issuing BARR until some time next century?
hmm, well i'm not really interested in swapping the whole shebang of BARR.
Obviously.
In the figures above showing how you could afford to swap for BARR, I accidentally said 100,000 BARR when I meant 1,000,000. That's my bad, sorry.
So it turns out you couldn't afford it with even with 100% of all Bumbacoins in existence, even if the price of Bumba went up 1,000%.
as amusing as that would be.
Agreed, since it could never happen.
swapping Bumba for Barr could help strengthen both currencies apparently.
i have swapped names form this excerpt from your OP ..
– If BUMBA offers an exchange for BARR and the BARR supply is only partially destroyed, then BUMBA and BARR can both benefit. BUMBA can gain users and adopt the value of the absorbed coins which were burned, while BARR can continue with a higher value.
If you take a true statement and replace the most important word with something completely different, the statement might not be true anymore.
The most important word in the original statement was "BARR", but you've changed it to "BUMBA" which is completely different.
I guess it still applies because you said "if", but then it's just a hypothetical scenario that could never happen.
See, when BARR talks about burning an altcoin, thousands of dollars get spent and lots of coins get burned.
When Bumba talks about burning something, it's "amusing".
So it's not quite the same thing, no matter which words you swap.
Just quoting our statements and inserting your coin's name doesn't mean anything.
BARR has actually made those statements reality, on 8 different blockchains and with $30,000 worth of coins.
Bumba has not done that, and was not designed for that purpose.
Besides, we've already burned over 230,000 BARR ourselves, which is more than you could afford with 100% of all Bumbacoins.
Of course we had a reason to burn them, and we did it in a way that made sense.
We sent BARR back to the burn fund so it can be recycled and must be earned again with burned altcoins before it can go back into circulation.
But if you want to burn a few hundred BARR to go with the hundreds of thousands we've already burned, go ahead. If you buy them or earn them, they're yours to do with as you please.
edit.
although i believe you have a stupendous amount of BARR in the burn fund, that even if we did burn the entier current circulated quantity of BARR, you would attempt to keep issuing BARR until some time next century?
If we burned 100% of Bumbacoins, would you attempt to keep mining blocks and generating new coins with PoW?
But yes, BARR can continue for 100 years.
In the figures above showing how you could afford to swap for BARR, I accidentally said 100,000 BARR when I meant 1,000,000. That's my bad, sorry.
in the OP
BARR – 230,356 coins burned out of 780,856 in circulation = 29% (self-burned BARR, sent back to the burnfund)
only 550,000 in circulation?
swapping Bumba for Barr could help strengthen both currencies apparently.
i have swapped names form this excerpt from your OP ..
– If BUMBA offers an exchange for BARR and the BARR supply is only partially destroyed, then BUMBA and BARR can both benefit. BUMBA can gain users and adopt the value of the absorbed coins which were burned, while BARR can continue with a higher value.
If you take a true statement and replace the most important word with something completely different, the statement might not be true anymore.
The most important word in the original statement was "BARR", but you've changed it to "BUMBA" which is completely different.
I guess it still applies because you said "if", but then it's just a hypothetical scenario that could never happen.
See, when BARR talks about burning an altcoin, thousands of dollars get spent and lots of coins get burned.
When Bumba talks about burning something, it's "amusing".
So it's not quite the same thing, no matter which words you swap.
Just quoting our statements and inserting your coin's name doesn't mean anything.
BARR has actually made those statements reality, on 8 different blockchains and with $30,000 worth of coins.
Bumba has not done that, and was not designed for that purpose.
of course it's exactly the same thing, it's still true
There is nothing uniquely special about BARR other than it's particular origin (from you) and it's name (BARR).
i could make a shitcoin, SWAP, and offer exactly the same services and that statement would be true.
or i could put aside a portion of Bumba (or create more Bumba) and set up the same protocol
it does strike me as amusing that in the process of burning shitcoins, you are quite happy to strengthen two coins in the process. no worry about reducing the amount of shitcoins in existence, just make them stronger.
Besides, we've already burned over 230,000 BARR ourselves, which is more than you could afford with 100% of all Bumbacoins.
Of course we had a reason to burn them, and we did it in a way that made sense.
We sent BARR back to the burn fund so it can be recycled and must be earned again with burned altcoins before it can go back into circulation.
But if you want to burn a few hundred BARR to go with the hundreds of thousands we've already burned, go ahead. If you buy them or earn them, they're yours to do with as you please.
edit.
although i believe you have a stupendous amount of BARR in the burn fund, that even if we did burn the entier current circulated quantity of BARR, you would attempt to keep issuing BARR until some time next century?
If we burned 100% of Bumbacoins, would you attempt to keep mining blocks and generating new coins with PoW?
But yes, BARR can continue for 100 years.
if i wanted to regularly invest several thousand dollars of my own money i could inflate the price of BUMBA to a point where we could swallow BARR. however at this point i dont really see any use as you will continue to pump out BARR for the forseeable future.
i could however continue to artificially inflate the value of BUMBA, whilst creating a protocol where through a similar release/halving system we could continue to burn BARR for the next 100 years.
(if necessary we could artificially create another million or so BUMBA for this purpose as well)
any artificial protocol is easy to copy. it's just a matter of doing it.
first of all create an artificial pump for BUMBA through injecting funds,
swap coins,
repeat regularly.
(it does make me consider the NEXUS swap model would be more useful here, as dumping BARR on the market place would help the process by continuing to de-value BARR (rather than strengthening BARR) and also convert them back into more buy support for BUMBA.)
that could result in a competition of who could artificially inflate their coin value the most, reminding me of the american political system where there is a corrupt system of waste taking place to see who can waste the most human resources.
haha although the competition would end with the strengthening of both BARR and BUMBA.
although tbh, strengthening is not necessarily true.
reducing coin supply, while increasing price .. inversely proportional and all that.
does increase value for some coin holders though
--
i'm not that averse to Barr swapping coins, nor Digital Credits swapping coins, nor Nexus swapping coins, nor any other coin swapping system that may happen.
i'm not that averse to you continue to investing your own cash to inflate values to a point where it becomes useful to swap.
i agree that swallowing coin systems may create a stronger coin system,
i am quite amused that you have a system, that through the artificial injection of personal funds you can strengthen both shitcoins at the same time
i would like to point out that creating manipulated economic models does not make Barr an automatic success.
anyone can create an arbitrary value for any shitcoin by putting money in, that's how a PnD works,
the real value of Barr will be revealed in the future.
i wish you luck with your coin strengthening
and if anyone wants to swap Barr for Bumba, send me a pm and we'll work something out
-
edit if there is any consideration of ever swapping bumba, i will do anything useful towards it.
ie not dumping the remains of the premine
as they enjoy the same artificially valueless state of the Barr burnfund
only 550,000 in circulation?
Those are old figures, there are 993,343 in circulation.
There is nothing uniquely special about BARR other than it's particular origin (from you) and it's name (BARR).
BARR is the only cryptocurrency that comes from burning different altcoins each month.
Since it's the only one of its kind, it is unique by definition. Try dictionary.com
if i wanted to regularly invest several thousand dollars of my own money i could inflate the price of BUMBA
"Oh, my coin could be good too, I just don't want it to be."
Since you don't think your own coin is worth buying, we'll take your word for it.
And since you don't think having a good coin is a worthwhile goal, we'll ignore everything you say about how to run a coin.
anyone can create an arbitrary value for any shitcoin by putting money in
If there's a lot of money put into it, the value isn't arbitrary. Again, words have definitions.
And if anyone can do it, why is your coin worth 100 times less than BARR?
You keep saying you "could make a coin" or "could do the same thing", but you already did make a coin.
Your coin has 5 active nodes and can only be traded as long as Cryptopia allows it.
You say it would be "easy" to do the same thing as BARR - but you don't even understand what we do or how it works.
and if anyone wants to swap Barr for Bumba, send me a pm and we'll work something out
If BARR's ideas aren't special or unique, why haven't you talked about doing them for the past 2 years until after BARR did them?
If BARR's ideas are so "amusing", why are you now attempting to copy those ideas?
So you'll have an excuse for all those premined coins you still have, after you announced you were giving them away last year?
You can't even give your coins away
for free over a period of several months, but now you're offering them as a swap for other coins?
All you're really saying is "So what, BumbaCoin would be just as good as BARR if $30,000 had been invested in BumbaCoins."
You might as well go over to the Bitcoin forum and tell them Bitcoin has nothing better than BumbaCoin other than 6 Billion dollars.
You want to talk about a coin that has nothing uniquely special about it? You launched an altcoin clone in 2014, exactly the same as thousands of others.
Your coin was listed on a "Dead Altcoins" list
30 days after you launched it.
That is what "anyone can do".
Your coin has 0 volume at 35 satoshis.
That is what's "easy to do".
Your ANN has 16 pages since 2 years ago. That is something "we could do just the same", except we did it in 4 months.
Your "marketplace" topic has only had 4 people ever reply to it. That's just sad.
And then for you to come here and preach about what
we're doing wrong? THAT is amusing.
So if BARR ever wants to be like BumbaCoin, we'll ask for your advice.
But for now, you're the one who's trying to be like BARR.
There is nothing uniquely special about BARR other than it's particular origin (from you) and it's name (BARR).
BARR is the only cryptocurrency that comes from burning different altcoins each month.
Since it's the only one of its kind, it is unique by definition. Try dictionary.com
that isnt what makes Barr unique, it's what makes it's distribution protocol unique.
Barr is a Next Asset style of shitcoin. no more no less.
if i wanted to regularly invest several thousand dollars of my own money i could inflate the price of BUMBA
"Oh, my coin could be good too, I just don't want it to be."
Since you don't think your own coin is worth buying, we'll take your word for it.
And since you don't think having a good coin is a worthwhile goal, we'll ignore everything you say about how to run a coin.
since i dont think artificially creating a pump coin is a good idea ??
pardon me for not wanting to manipulate it "too" much
purely as a test to see if anyone reads this. lol. pm me with a bumba address and i'll send you 3000 bumbaanyone can create an arbitrary value for any shitcoin by putting money in
If there's a lot of money put into it, the value isn't arbitrary. Again, words have definitions.
And if anyone can do it, why is your coin worth 100 times less than BARR?
You keep saying you "could make a coin" or "could do the same thing", but you already did make a coin.
Your coin has 5 active nodes and can only be traded as long as Cryptopia allows it.
of course it can be arbitrary,
lets pretend i want to increase bumba's value to a similar market cap of Barr.
i pick the arbitrary value, then i put the appropriate amount of resources into Bumba to reach that arbitrary value
i'm not saying that anyone decided to make Barr valued at 1100 sats (or whatever), i'm saying anyone can create an arbitrary value for a shit coin.
i'ts basic economics
if supply/demand create price, then manipulating supply/demand will effect price.
you're working with an artificially inflated system by arbitrarily injecting funds into the process. this is no different to selling things in a market place for bumba.
but it creates an artificial supply/demand cycle.
it's amusing how happy you are about the easily manipulatable system you're working with/ created. and how you think the outcome actually proves some sort of real value.
you havent even bothered working with a truly trustable system. you could dump any amount of Barr you wanted at any time.
i've never really looked at Next or Assets so I dont know, but with Bumba for example, it would be simple to code in a timestamp to lock fund from being accessed until that timestamp is reached.
also, you might want to keep up with your "transparency".
the opening posts in this thread are not up to date, nor is
http://barr.me
You say it would be "easy" to do the same thing as BARR - but you don't even understand what we do or how it works.
lol because Barr is so mysterious that no-one truly knows how it works.
and if anyone wants to swap Barr for Bumba, send me a pm and we'll work something out
If BARR's ideas aren't special or unique, why haven't you talked about doing them for the past 2 years until after BARR did them?
If BARR's ideas are so "amusing", why are you now attempting to copy those ideas?
So you'll have an excuse for all those premined coins you still have, after you announced you were giving them away last year?
You can't even give your coins away
for free over a period of several months, but now you're offering them as a swap for other coins?
All you're really saying is "So what, BumbaCoin would be just as good as BARR if $30,000 had been invested in BumbaCoins."
You might as well go over to the Bitcoin forum and tell them Bitcoin has nothing better than BumbaCoin other than 6 Billion dollars.
You want to talk about a coin that has nothing uniquely special about it? You launched an altcoin clone in 2014, exactly the same as thousands of others.
Your coin was listed on a "Dead Altcoins" list
30 days after you launched it.
That is what "anyone can do".
Your coin has 0 volume at 35 satoshis.
That is what's "easy to do".
Your ANN has 16 pages since 2 years ago. That is something "we could do just the same", except we did it in 4 months.
Your "marketplace" topic has only had 4 people ever reply to it. That's just sad.
And then for you to come here and preach about what
we're doing wrong? THAT is amusing.
So if BARR ever wants to be like BumbaCoin, we'll ask for your advice.
But for now, you're the one who's trying to be like BARR.
Barr's idea is not unique, it's been floated around a few times.
Your self righteous indignation is also not unique.
lol Bumba was never meant to be anything more than a shitcoin so go figure. crypto is fun
you're just making up amusingly outrageous crap now. lol
the only things you're doing wrong is getting outraged that i dont care how awesome Barr is, and also that you're not accepting that i could swap Bumba for Barr in exactly the same manner your doing. as could any other person ..
for whatever reasons, we gave away a couple of million bumba, and have a couple of million left.
obviously giving them away is not necessarily healthy for a coin, or perhaps you'd be doing the same
how we give them away is completely arbitrary. doing a swap for another shitcoin is just another possibility. and if you cant see the humour in swapping them for Barr you should.
that said,
i was interested in getting some "gifts" for bowscoin and ended up catching a few dumps before the price pumped.
i'll watch with interest how the pump goes and where your buy walls end up
perhaps it would be in my best interest to invest further funds into pumping bowscoin further
after all, it would be foolish of me not to enjoy such an easily manipulatable system to it's best affect.
lol.
i came on to ask why you were burning a coin with an active dev (Bowscoin), you said you'd been chatting with said dev, i said great.
then i said, maybe i could swap Bumba for Barr because we have some spare and need to give them away,
this evolves into you taking personal affront at me telling you how to operate Barr? then making outrageously untrue (and hurtful *sniff*) comments about bumba.
how to escalate an innocent discussion woot
You came here to talk trash, and now you're upset because of the simple facts.
Like I said, we'll ask your advice when we want to be like Bumbacoin.
But you assume we're already like Bumbacoin, so it confuses and frustrates you that we do things honestly instead of the way you do things.
you havent even bothered working with a truly trustable system.
Are you trying to say "trustless"? Those are two different things.
you could dump any amount of Barr you wanted at any time.
No, that's you and your hidden premine. Again, we're not like Bumbacoin.
Our transparent accountability is trustless, because anyone can see exactly where every single BARR goes on the NXT blockchain in real-time.
lol Bumba was never meant to be anything more than a shitcoin so go figure.
Then stop selling it to the public for real money.
Again, you're confused because you think everyone else runs their coins like you do.
You see your coin as a way to take people's money and then tell them it was just a joke. That's not what we're doing.
You came here to talk trash, and now you're upset because of the simple facts.
Like I said, we'll ask your advice when we want to be like Bumbacoin.
But you assume we're already like Bumbacoin, so it confuses and frustrates you that we do things honestly instead of the way you do things.
trash?
i haven't come here to talk trash. you're just seeing trash where' there's no trash to see.
there you go making outrageous claims again, now about my honesty? lol
you're the only one who's talking trash here, i havent made one single unjustified comment.
where as they are piling up from your end.
you havent even bothered working with a truly trustable system.
Are you trying to say "trustless"? Those are two different things.
you could dump any amount of Barr you wanted at any time.
No, that's you and your hidden premine. Again, we're not like Bumbacoin.
Our transparent accountability is trustless, because anyone can see exactly where every single BARR goes on the NXT blockchain in real-time.
lol. it's not trustless. trustless is where no-one needs to trust you.
i assumed you would know that seeing how pedantic you are about the difference between trustable and trustless.
your system is not trustless because there's nothing to stop you from moving coins and dumping even if everyone can see them.
"oh look, there's a big dump from the burn fund, i can see it on the blockchain. fancy that."
your record keeping is not up to date, neither this thread is being kept current, nor the website,
so no-one can tell how trustworthy your records of your swaps have been (not that a simple record of coins moving in the chain is any indication of what actually happened in the swap).
it's great that you are apparently doing things honestly,
no idea why you think you should attack my honesty though? hidden premine. lol
honesty in this situation should also entail complete open ness about your own purchases of Barr.
you are the central overseer,
you are injecting personal funds into your own public project,
you are openly manipulating the market (through injecting funds - again, nothing wrong with that at all as long as you are open),
you should be completely transparent about your actions.
lol Bumba was never meant to be anything more than a shitcoin so go figure.
Then stop selling it to the public for real money.
Again, you're confused because you think everyone else runs their coins like you do.
You see your coin as a way to take people's money and then tell them it was just a joke. That's not what we're doing.
lol.
i own personal bumba, so does everyone else who owns bumba.
i guess we should all take them off the market because apparently no-one should be trading shitcoins.
that just shows how confused you are, do you even know what a shitcoin is? shall i list a few for you ?
Dash, Doge, Bumba, Barr. shitcoins are everywhere bae.
lol at your claim I'm trying to take peoples money? haha that's why Bumba is such an awesome shitcoin.
you are just rude.
and ignorant
but mostly rude, i assume most of your ignorance is just you being rude and not realising how ignorant you seem.
trash?
i haven't come here to talk trash.
You're a liar, and a waste of time. You showed up with fud and passive-aggressive insults from your first post.
I tried responding politely, but you weren't interested in an honest conversation because you're just here to cause trouble.
So I responded with facts to refute everything you said, and now you're whining like a baby about rudeness. I'm not the one who showed up to someone else's thread and started spamming bullshit. That's you, and once again you can't seem to tell the difference between yourself and other people.
We've only deleted 1 person's posts here, ever, and that was 4 months ago on the first day this thread was started. But even with all the assholes and scammers at bitcointalk, you've managed to distinguish yourself as worse than average. I haven't deleted any of your posts yet, but you've wasted too much space already and you're not allowed any more.
Apologies to everyone for responding to a troll.
If anyone else thinks he had a good question that got lost in the arguing, please ask and we'll try to make sure there are no legitimate concerns unanswered.
trash?
i haven't come here to talk trash.
You're a liar, and a waste of time. You showed up with fud and passive-aggressive insults from your first post.
I tried responding politely, but you weren't interested in an honest conversation because you're just here to cause trouble.
So I responded with facts to refute everything you said, and now you're whining like a baby about rudeness. I'm not the one who showed up to someone else's thread and started spamming bullshit. That's you, and once again you can't seem to tell the difference between yourself and other people.
We've only deleted 1 person's posts here, ever, and that was 4 months ago on the first day this thread was started. But even with all the assholes and scammers at bitcointalk, you've managed to distinguish yourself as worse than average. You've wasted too much space already, you're not allowed any more.
you are the liar, continually making false and misleading comments about my integrity and Bumbacoins.
and you havent refuted a single thing i've said.
you cant' even make a simple comment without making it a personal attack on me. lol
and if my amusement at your continued rudeness is construed as passive aggressiveness, then more lolz
your politeness is sorely lacking. and i would rather just directly call you rude than make unjustified claims about your integrity.
i'm not even attacking you or the coin, nor spreading fud,
i'm only saying what is blatantly obvious,
such as that by injecting funds you are manipulating the marketplace. where's the problem? it's a simple truth
nor is the fact that your system is not trustless, it relies on your honesty, which by definition is not trustless, another simple truth.
i'm impressed by your rage
go hard brother.
