If all the CAI are being converted to CAIx why not just not convert all that extra premine to CAIx? Am I misunderstanding how this is working?
The devs want all the coins.. but don't worry this is good for the coin. Just believe.
Topic: ★★★★ [CAIx] ★ First 100% PoS At Launch ★ PSP ★★★★ - page 160. (Read 416461 times)
The devs want all the coins.. but don't worry this is good for the coin. Just believe.
Did you say 28% pre-mine AND the Devs are POLISH 
http://danienglish.com.br/wp-content/uploads/2011/06/fishy.jpg
http://danienglish.com.br/wp-content/uploads/2011/06/fishy.jpg
Just FYI Tiny Elementals has been out for months and no mention of Caishencoin anywhere on its official website. Plus the devs are Polish!
If all the CAI are being converted to CAIx why not just not convert all that extra premine to CAIx? Am I misunderstanding how this is working?
This "news" makes it even worse that is was instamined.
So they "pre-mined" 2% of all coins (at that time, over half a million), then they instamine another 1 million coin (keep that a secret). Now they say it is going PoS and there will only be 2 million coins total. So the devs have about 75% of all coins. Then give some bullshit news like a new game on iphone (used for pure pump hype, anyone gonna use this game?)
Devs, since you "openly" premined 2% of all coins then reduced the number of coins by over 90%, are you going to be giving your premine back to the community or something. At the moment, CAI seems like one of the biggest scams in the history of crypto.
I'm not here trying to put down this coin so please don't google pictures of trolls and post them here in response. I just looking for an explanation.
So they "pre-mined" 2% of all coins (at that time, over half a million), then they instamine another 1 million coin (keep that a secret). Now they say it is going PoS and there will only be 2 million coins total. So the devs have about 75% of all coins. Then give some bullshit news like a new game on iphone (used for pure pump hype, anyone gonna use this game?)
Devs, since you "openly" premined 2% of all coins then reduced the number of coins by over 90%, are you going to be giving your premine back to the community or something. At the moment, CAI seems like one of the biggest scams in the history of crypto.
I'm not here trying to put down this coin so please don't google pictures of trolls and post them here in response. I just looking for an explanation.
I did address the premine issue before. What will happen is this: We are moving from PoW mining to PoS mining, all the coins in existence by the end of the transition period will be exchanged 1 for 1 from CAI to CAIx. The premine will be held on an open address just like on CAI and will not be competing for PoS blocks. Mining will continue in PoS the premine will be held as an asset for the company and will prevent any one person from owning a 51% of the total coins. Our asset as a company will increase in value by our revenue being used to buy CAIx on the open market from our various projects. We have proven to investors and miners alike that we are not about a quick dump. Our success so far has proven this. And this will continue. We did have the trust from day one and will continue to have it till the day CAIx investments reach into the millions. I am sure by now a lot of the so called developers have noticed, this is not just another alt, and we will get the point straight. We will do what we say we will do, and we will succeed where everyone else failed. Because we have a stake in this success just as every investor. We are not here to cater to the day trader, but to someone who is willing to take a chance on us getting beyond the pump and dump scenario. The alt community is sick of it and we are sick of it as well. If you are afraid to invest in CAIx please do not. If you are here to make a quick profit, the market is free, we can not hold you. But we are sure as hell, are building up CAIx as the next big alt. I said it before and I say it again, CAIx will be the Alt that nobody wants to sell.
It's official, as just stated by the developer. This coin is premined 28%.
Please update the first page.
Also its official that premine will be converted in a "reserve asset", not a coin to dump, and the adress will be public, so everyone will see that devs are fair in their promise, and are not taking profit of it.
What is not official is the definitive number of coins caix, they said that details about POS will come on friday...
"reserve asset" to prevent any group from getting 51%. ROFL at that one. It's okay if the devs have all the coins, lol lol lol they can control the market. If you knew it was 28% premine before joining I think your opinion would be different. I thought crypto was for the people. Not that one group owns a large percentage of the currency.. we're heading towards the 1% owning 99%of a currency.
This "news" makes it even worse that is was instamined.
So they "pre-mined" 2% of all coins (at that time, over half a million), then they instamine another 1 million coin (keep that a secret). Now they say it is going PoS and there will only be 2 million coins total. So the devs have about 75% of all coins. Then give some bullshit news like a new game on iphone (used for pure pump hype, anyone gonna use this game?)
Devs, since you "openly" premined 2% of all coins then reduced the number of coins by over 90%, are you going to be giving your premine back to the community or something. At the moment, CAI seems like one of the biggest scams in the history of crypto.
I'm not here trying to put down this coin so please don't google pictures of trolls and post them here in response. I just looking for an explanation.
So they "pre-mined" 2% of all coins (at that time, over half a million), then they instamine another 1 million coin (keep that a secret). Now they say it is going PoS and there will only be 2 million coins total. So the devs have about 75% of all coins. Then give some bullshit news like a new game on iphone (used for pure pump hype, anyone gonna use this game?)
Devs, since you "openly" premined 2% of all coins then reduced the number of coins by over 90%, are you going to be giving your premine back to the community or something. At the moment, CAI seems like one of the biggest scams in the history of crypto.
I'm not here trying to put down this coin so please don't google pictures of trolls and post them here in response. I just looking for an explanation.
I did address the premine issue before. What will happen is this: We are moving from PoW mining to PoS mining, all the coins in existence by the end of the transition period will be exchanged 1 for 1 from CAI to CAIx. The premine will be held on an open address just like on CAI and will not be competing for PoS blocks. Mining will continue in PoS the premine will be held as an asset for the company and will prevent any one person from owning a 51% of the total coins. Our asset as a company will increase in value by our revenue being used to buy CAIx on the open market from our various projects. We have proven to investors and miners alike that we are not about a quick dump. Our success so far has proven this. And this will continue. We did have the trust from day one and will continue to have it till the day CAIx investments reach into the millions. I am sure by now a lot of the so called developers have noticed, this is not just another alt, and we will get the point straight. We will do what we say we will do, and we will succeed where everyone else failed. Because we have a stake in this success just as every investor. We are not here to cater to the day trader, but to someone who is willing to take a chance on us getting beyond the pump and dump scenario. The alt community is sick of it and we are sick of it as well. If you are afraid to invest in CAIx please do not. If you are here to make a quick profit, the market is free, we can not hold you. But we are sure as hell, are building up CAIx as the next big alt. I said it before and I say it again, CAIx will be the Alt that nobody wants to sell.
It's official, as just stated by the developer. This coin is premined 28%.
Please update the first page.
Also its official that premine will be converted in a "reserve asset", not a coin to dump, and the adress will be public, so everyone will see that devs are fair in their promise, and are not taking profit of it.
What is not official is the definitive number of coins caix, they said that details about POS will come on friday...
CAI will be added to Cryptsy in 58 minutes
Source? Or you are just bagholding from today's pump?
So will my CAI automatically change into CAIx?
This "news" makes it even worse that is was instamined.
So they "pre-mined" 2% of all coins (at that time, over half a million), then they instamine another 1 million coin (keep that a secret). Now they say it is going PoS and there will only be 2 million coins total. So the devs have about 75% of all coins. Then give some bullshit news like a new game on iphone (used for pure pump hype, anyone gonna use this game?)
Devs, since you "openly" premined 2% of all coins then reduced the number of coins by over 90%, are you going to be giving your premine back to the community or something. At the moment, CAI seems like one of the biggest scams in the history of crypto.
I'm not here trying to put down this coin so please don't google pictures of trolls and post them here in response. I just looking for an explanation.
So they "pre-mined" 2% of all coins (at that time, over half a million), then they instamine another 1 million coin (keep that a secret). Now they say it is going PoS and there will only be 2 million coins total. So the devs have about 75% of all coins. Then give some bullshit news like a new game on iphone (used for pure pump hype, anyone gonna use this game?)
Devs, since you "openly" premined 2% of all coins then reduced the number of coins by over 90%, are you going to be giving your premine back to the community or something. At the moment, CAI seems like one of the biggest scams in the history of crypto.
I'm not here trying to put down this coin so please don't google pictures of trolls and post them here in response. I just looking for an explanation.
I did address the premine issue before. What will happen is this: We are moving from PoW mining to PoS mining, all the coins in existence by the end of the transition period will be exchanged 1 for 1 from CAI to CAIx. The premine will be held on an open address just like on CAI and will not be competing for PoS blocks. Mining will continue in PoS the premine will be held as an asset for the company and will prevent any one person from owning a 51% of the total coins. Our asset as a company will increase in value by our revenue being used to buy CAIx on the open market from our various projects. We have proven to investors and miners alike that we are not about a quick dump. Our success so far has proven this. And this will continue. We did have the trust from day one and will continue to have it till the day CAIx investments reach into the millions. I am sure by now a lot of the so called developers have noticed, this is not just another alt, and we will get the point straight. We will do what we say we will do, and we will succeed where everyone else failed. Because we have a stake in this success just as every investor. We are not here to cater to the day trader, but to someone who is willing to take a chance on us getting beyond the pump and dump scenario. The alt community is sick of it and we are sick of it as well. If you are afraid to invest in CAIx please do not. If you are here to make a quick profit, the market is free, we can not hold you. But we are sure as hell, are building up CAIx as the next big alt. I said it before and I say it again, CAIx will be the Alt that nobody wants to sell.
It's official, as just stated by the developer. This coin is premined 28%.
Please update the first page.
Will CAI continue after CAIx is created?
This "news" makes it even worse that is was instamined.
So they "pre-mined" 2% of all coins (at that time, over half a million), then they instamine another 1 million coin (keep that a secret). Now they say it is going PoS and there will only be 2 million coins total. So the devs have about 75% of all coins. Then give some bullshit news like a new game on iphone (used for pure pump hype, anyone gonna use this game?)
Devs, since you "openly" premined 2% of all coins then reduced the number of coins by over 90%, are you going to be giving your premine back to the community or something. At the moment, CAI seems like one of the biggest scams in the history of crypto.
I'm not here trying to put down this coin so please don't google pictures of trolls and post them here in response. I just looking for an explanation.
So they "pre-mined" 2% of all coins (at that time, over half a million), then they instamine another 1 million coin (keep that a secret). Now they say it is going PoS and there will only be 2 million coins total. So the devs have about 75% of all coins. Then give some bullshit news like a new game on iphone (used for pure pump hype, anyone gonna use this game?)
Devs, since you "openly" premined 2% of all coins then reduced the number of coins by over 90%, are you going to be giving your premine back to the community or something. At the moment, CAI seems like one of the biggest scams in the history of crypto.
I'm not here trying to put down this coin so please don't google pictures of trolls and post them here in response. I just looking for an explanation.
I did address the premine issue before. What will happen is this: We are moving from PoW mining to PoS mining, all the coins in existence by the end of the transition period will be exchanged 1 for 1 from CAI to CAIx. The premine will be held on an open address just like on CAI and will not be competing for PoS blocks. Mining will continue in PoS the premine will be held as an asset for the company and will prevent any one person from owning a 51% of the total coins. Our asset as a company will increase in value by our revenue being used to buy CAIx on the open market from our various projects. We have proven to investors and miners alike that we are not about a quick dump. Our success so far has proven this. And this will continue. We did have the trust from day one and will continue to have it till the day CAIx investments reach into the millions. I am sure by now a lot of the so called developers have noticed, this is not just another alt, and we will get the point straight. We will do what we say we will do, and we will succeed where everyone else failed. Because we have a stake in this success just as every investor. We are not here to cater to the day trader, but to someone who is willing to take a chance on us getting beyond the pump and dump scenario. The alt community is sick of it and we are sick of it as well. If you are afraid to invest in CAIx please do not. If you are here to make a quick profit, the market is free, we can not hold you. But we are sure as hell, are building up CAIx as the next big alt. I said it before and I say it again, CAIx will be the Alt that nobody wants to sell.
Take a moment to step back from this project and look at it as if you don't have any CAI coins. If you were trying to run a scam coin to make a ton of BTC, how would you go about it?
Maybe but not everybody want to do PUMP and DUMP coin. You have to trust a little bit, i think devs are working all the time, tonight Cryptsy so coin is rising, looks good so why not to try. A lot of coins after got Mintpal died because devs sold their coins and do not care about it. With CAI it looks so much better. It is not normal that coin rate after got Mintpal is going up almost all coin rate is goind down. CAI is different even because that.
In secound way - you can talk like that to drop down coin rate and buy cheap CAI
.I just want to say: you never know. hero member
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wow.......
This "news" makes it even worse that is was instamined.
So they "pre-mined" 2% of all coins (at that time, over half a million), then they instamine another 1 million coin (keep that a secret). Now they say it is going PoS and there will only be 2 million coins total. So the devs have about 75% of all coins. Then give some bullshit news like a new game on iphone (used for pure pump hype, anyone gonna use this game?)
Devs, since you "openly" premined 2% of all coins then reduced the number of coins by over 90%, are you going to be giving your premine back to the community or something. At the moment, CAI seems like one of the biggest scams in the history of crypto.
I'm not here trying to put down this coin so please don't google pictures of trolls and post them here in response. I just looking for an explanation.
So they "pre-mined" 2% of all coins (at that time, over half a million), then they instamine another 1 million coin (keep that a secret). Now they say it is going PoS and there will only be 2 million coins total. So the devs have about 75% of all coins. Then give some bullshit news like a new game on iphone (used for pure pump hype, anyone gonna use this game?)
Devs, since you "openly" premined 2% of all coins then reduced the number of coins by over 90%, are you going to be giving your premine back to the community or something. At the moment, CAI seems like one of the biggest scams in the history of crypto.
I'm not here trying to put down this coin so please don't google pictures of trolls and post them here in response. I just looking for an explanation.
Do you need a calculator?
2% is 56k not half a million... right?
No, I think you are incorrect. Here are my calculations.
Pre-mine calculation:
28,000,000 (total coins) * 0.02 (2 percent) = 560,000 CAI premined coins.
Now they are saying switch to PoS with 2 million coins total.
560,000 (premined coins) / 2,000,000 (new total supply due to PoS) = 28% of all coins were premined
Let me know what you think. Please correct me if you see anything incorrect.
Yeah, youre right. Sorry. Dont know what to make of this. Needs to be adressed quickly!
. This is best idea IMHO.I think we are nearing the end of a massive strategic scam to make a shit ton of BTC. Been very well orchestrated from the beginning. Final step is simply remove all the coins that were going to be mined by going "PoS" making all their premined and instamined coin much more valuable. They are trying to pump the price up 10x or more, then massive dump. The whole PoS switch was planned from the beginning, all of this was. Be careful with your money.
Just so you all know, I have been mining this coin for the past 2 weeks because I am riding the wave. But I know I will need to dump my coins.
As I recall I was called all kinds of names for calling out the fact that they are using the Crypto Community as a Crowd Source to start their own software development company. I was all in from the beginning until they announced they were going to make video games. I still struggle to see if this is all just one big scam or, if these guys are legit. The first problem I saw was the instamine of the first 8 blocks by someone who started early. My second moment when I questioned this, was when they missed the time for the 1st and 2nd "BIG" announcement. Then I was done when they said they were going to make video games. It was then that I realized that this was never about creating a sustainable coin that was good for miner, it is about creating a sustainable coin that is good for the investors, and the developers. The miners and the exchanges appear to be all part of the bigger plan. I guess the only way we will really know if they are the next Wo Longs of the world is to watch and see when and if they dump the pre-mine. Unfortunately having been burned by false promises and scams in the past, I have no intention of waiting to see, because they have been so unpredictable to this point.
This "news" makes it even worse that is was instamined.
So they "pre-mined" 2% of all coins (at that time, over half a million), then they instamine another 1 million coin (keep that a secret). Now they say it is going PoS and there will only be 2 million coins total. So the devs have about 75% of all coins. Then give some bullshit news like a new game on iphone (used for pure pump hype, anyone gonna use this game?)
Devs, since you "openly" premined 2% of all coins then reduced the number of coins by over 90%, are you going to be giving your premine back to the community or something. At the moment, CAI seems like one of the biggest scams in the history of crypto.
I'm not here trying to put down this coin so please don't google pictures of trolls and post them here in response. I just looking for an explanation.
So they "pre-mined" 2% of all coins (at that time, over half a million), then they instamine another 1 million coin (keep that a secret). Now they say it is going PoS and there will only be 2 million coins total. So the devs have about 75% of all coins. Then give some bullshit news like a new game on iphone (used for pure pump hype, anyone gonna use this game?)
Devs, since you "openly" premined 2% of all coins then reduced the number of coins by over 90%, are you going to be giving your premine back to the community or something. At the moment, CAI seems like one of the biggest scams in the history of crypto.
I'm not here trying to put down this coin so please don't google pictures of trolls and post them here in response. I just looking for an explanation.
Do you need a calculator?
2% is 56k not half a million... right?
No, I think you are incorrect. Here are my calculations.
Pre-mine calculation:
28,000,000 (total coins) * 0.02 (2 percent) = 560,000 CAI premined coins.
Now they are saying switch to PoS with 2 million coins total.
560,000 (premined coins) / 2,000,000 (new total supply due to PoS) = 28% of all coins were premined
Let me know what you think. Please correct me if you see anything incorrect.
Yeah, youre right. Sorry. Dont know what to make of this. Needs to be adressed quickly!
. This is best idea IMHO.I think we are nearing the end of a massive strategic scam to make a shit ton of BTC. Been very well orchestrated from the beginning. Final step is simply remove all the coins that were going to be mined by going "PoS" making all their premined and instamined coin much more valuable. They are trying to pump the price up 10x or more, then massive dump. The whole PoS switch was planned from the beginning, all of this was. Be careful with your money.
Just so you all know, I have been mining this coin for the past 2 weeks because I am riding the wave. But I know I will need to dump my coins.
I think you've been watching too much zeitgeist
, put back on your aluminum helmet on your head.
I think you've been watching too much zeitgeist , put back on your aluminum helmet on your head.
, put back on your aluminum helmet on your head. 
This "news" makes it even worse that is was instamined.
So they "pre-mined" 2% of all coins (at that time, over half a million), then they instamine another 1 million coin (keep that a secret). Now they say it is going PoS and there will only be 2 million coins total. So the devs have about 75% of all coins. Then give some bullshit news like a new game on iphone (used for pure pump hype, anyone gonna use this game?)
Devs, since you "openly" premined 2% of all coins then reduced the number of coins by over 90%, are you going to be giving your premine back to the community or something. At the moment, CAI seems like one of the biggest scams in the history of crypto.
I'm not here trying to put down this coin so please don't google pictures of trolls and post them here in response. I just looking for an explanation.
So they "pre-mined" 2% of all coins (at that time, over half a million), then they instamine another 1 million coin (keep that a secret). Now they say it is going PoS and there will only be 2 million coins total. So the devs have about 75% of all coins. Then give some bullshit news like a new game on iphone (used for pure pump hype, anyone gonna use this game?)
Devs, since you "openly" premined 2% of all coins then reduced the number of coins by over 90%, are you going to be giving your premine back to the community or something. At the moment, CAI seems like one of the biggest scams in the history of crypto.
I'm not here trying to put down this coin so please don't google pictures of trolls and post them here in response. I just looking for an explanation.
Do you need a calculator?
2% is 56k not half a million... right?
No, I think you are incorrect. Here are my calculations.
Pre-mine calculation:
28,000,000 (total coins) * 0.02 (2 percent) = 560,000 CAI premined coins.
Now they are saying switch to PoS with 2 million coins total.
560,000 (premined coins) / 2,000,000 (new total supply due to PoS) = 28% of all coins were premined
Let me know what you think. Please correct me if you see anything incorrect.
Yeah, youre right. Sorry. Dont know what to make of this. Needs to be adressed quickly!
. This is best idea IMHO.I think we are nearing the end of a massive strategic scam to make a shit ton of BTC. Been very well orchestrated from the beginning. Final step is simply remove all the coins that were going to be mined by going "PoS" making all their premined and instamined coin much more valuable. They are trying to pump the price up 10x or more, then massive dump. The whole PoS switch was planned from the beginning, all of this was. Be careful with your money.
Just so you all know, I have been mining this coin for the past 2 weeks because I am riding the wave. But I know I will need to dump my coins.
Thanks for making us aware! Sold mine with some profit. So i am happy!
This "news" makes it even worse that is was instamined.
So they "pre-mined" 2% of all coins (at that time, over half a million), then they instamine another 1 million coin (keep that a secret). Now they say it is going PoS and there will only be 2 million coins total. So the devs have about 75% of all coins. Then give some bullshit news like a new game on iphone (used for pure pump hype, anyone gonna use this game?)
Devs, since you "openly" premined 2% of all coins then reduced the number of coins by over 90%, are you going to be giving your premine back to the community or something. At the moment, CAI seems like one of the biggest scams in the history of crypto.
I'm not here trying to put down this coin so please don't google pictures of trolls and post them here in response. I just looking for an explanation.
So they "pre-mined" 2% of all coins (at that time, over half a million), then they instamine another 1 million coin (keep that a secret). Now they say it is going PoS and there will only be 2 million coins total. So the devs have about 75% of all coins. Then give some bullshit news like a new game on iphone (used for pure pump hype, anyone gonna use this game?)
Devs, since you "openly" premined 2% of all coins then reduced the number of coins by over 90%, are you going to be giving your premine back to the community or something. At the moment, CAI seems like one of the biggest scams in the history of crypto.
I'm not here trying to put down this coin so please don't google pictures of trolls and post them here in response. I just looking for an explanation.
Do you need a calculator?
2% is 56k not half a million... right?
No, I think you are incorrect. Here are my calculations.
Pre-mine calculation:
28,000,000 (total coins) * 0.02 (2 percent) = 560,000 CAI premined coins.
Now they are saying switch to PoS with 2 million coins total.
560,000 (premined coins) / 2,000,000 (new total supply due to PoS) = 28% of all coins were premined
Let me know what you think. Please correct me if you see anything incorrect.
Yeah, youre right. Sorry. Dont know what to make of this. Needs to be adressed quickly!
. This is best idea IMHO.I think we are nearing the end of a massive strategic scam to make a shit ton of BTC. Been very well orchestrated from the beginning. Final step is simply remove all the coins that were going to be mined by going "PoS" making all their premined and instamined coin much more valuable. They are trying to pump the price up 10x or more, then massive dump. The whole PoS switch was planned from the beginning, all of this was. Be careful with your money.
Just so you all know, I have been mining this coin for the past 2 weeks because I am riding the wave. But I know I will need to dump my coins.
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