Topic: CoinMarketCap.com - Market Cap Rankings of All Cryptocurrencies! - page 36. (Read 639542 times)

It is no longer in the title, but it is in the body of their OP. All of the original (now changed) parameters have been removed, along with the original coin name.

My investigations have revealed that Monero doesn't have "No Premine" in their ANN (https://bitcointalksearch.org/topic/xmr-monero-a-secure-private-untraceable-cryptocurrency-583449) so it must be premined.

Plz update accordingly.

hey, ExchangeD.I2P updated their api format and included a call to get info on all coins at once.

can you update your api parsing? ty

while you are at it Dash could also use the following tags:

emission change tag (500 to 5 coins per block)

supply change tag (84 million to 16-17 million)

"this coin has been rebranded twice or more" tag

Dash launch date



Coins today



Monero launch date



Coins today



 

i don't have a problem adding a instamine asterisk to DASH as long as they also add a 1.5 million cripplemine asterisk and a highly inflationary emissions curve asterisk to monero.
http://da-data.blogspot.com/2014/08/minting-money-with-monero-and-cpu.html

has almost half the supply of monero already been mined in the first year and a half? wow, holy hyper inflationary instamine batman! 

Perhaps Gliss should add other filters that are also meaningful to investors rather than picking one arbitrary aspect of the asset according to whoever trolls the hardest:

 - "Filter Anonymous Dev"
 - "Filter Recently Launched"
 - "Filter Opaque Blockchains"
 - "Filter Bitcoin Compatible"
 - "Filter Inactive Dev"........

The subject of the lobbying in the posts above is not improved reporting, it's a personal vendetta against a specific asset. There are markets to resolve such controversies, however if it turns out that they can successfully recruit supposedly independent references such as coinmarketcap.com to their cause then presumably one can expect a whirlwind of lobbying round here for all the other priorities that matter to people far more than emission profiles.

In terms of marketcap, there are two types of cryptocurrency asset that can reasonably be separated: Backed and unbacked. Thats it.

Let's keep this simple.

Dash has removed the "No Premine" claim from their [ANN] thread (https://bitcointalksearch.org/topic/anndash-dash-dashorg-first-self-funding-self-governing-crypto-currency-421615).

CMC should be updated accordingly, otherwise it is making a judgement/claim that the coin's OP does not.

Q. E. D.

I doubt Gliss wants to dig into controversies and make judgement calls.

Let's keep this simple.

Dash has removed the "No Premine" claim from their [ANN] thread (https://bitcointalksearch.org/topic/anndash-dash-dashorg-first-self-funding-self-governing-crypto-currency-421615).

CMC should be updated accordingly, otherwise it is making a judgement/claim that the coin's OP does not.

Q. E. D.

There is more information.
Specifically about the pre-launch of DASH (XCoin back then): Evan was looking for C++ devs to launch a "for profit startup", an "altcoin that will provide a very useful service to the whole crypto-coin ecosystem". (his words)


I propose to change labels as follows:
Coin¹ Not Mineable (MAID, ...)
Coin² Fastmine, announced before launch (Blackoin, ...)
Coin³ Premined, announced before launch (Gulden, ...)
Coin⁴ ICO (Ethereum, ...)
Coin⁵ Proof of Burn (XCP, ...)
Coin⁶ Premine/Instamine: significantly mined around launch, not announced before launch

Coins could get different tags, some examples:
NXT^{1, 4}
Ethereum^{3, 4}
Blackcoin^{1, 2}
Counterparty^{1, 5}
Dash⁶

Read my post from a few days ago for more info:


and this one:

Information update: http://coinmarketcap.com/currencies/bitcoin/#markets

1broker also offers a Bitcoin market

https://1broker.com/?u1=showcfd&symbol=BTCUSD

Thanks!

This is exactly what has changed:

Dash has removed the "No Premine" claim from their [ANN] thread.

Please update CMC accordingly.

Update information:

EmerCoin (EMC) added at YoBit exchange.

I addressed it 6 months ago, what exactly has changed since then?

https://bitcointalksearch.org/topic/m.11221343

If your belief and expectation are correct, why did the Dash [ANN] OP remove the "No Premine" claim?

And shouldn't CMC transparently convey what the coin's [ANN] claims and doesn't claim?

Don't you think it's odd that the Dash [ANN] deleted the "No Premine" claim, but CMC effectively defends/hides that omission by not reflecting its present state?


"Numerous people" were told by Evan the launch was being postponed (and based on that went to bed feeling safe from missing out).


If Evan didn't pre-mine Dash, how did he have at least 5k coins to spend THE SAME DAY IT LAUNCHED?

If you look at the facts, it was at least a planned instamine:

Evan was looking for c++ devs for a "for profit startup" at the end of 2013 for the launch of an altcoin.
How can you make a profit by launching an altcoin (and be sure to be able to pay your devs)?
Answer: by premining and/or instamining.
How he did it is pretty easy:
*telling people the release would definitely not be in the next couple of hours and after that do launch it a few hours later
*buggy windows binaries
*a "code error" creating 500k coins in the first hour, >1.5 million in the first 8 hours.

How can this be all an accident and NOT be intentional?

I believe that the reason that Dash isn't considered premined is because numerous people were able to mine from launch.  

I expect that the **premine tag was removed because there is no evidence, anecdotal or otherwise, that mining was restricted in any way.

Hi Gliss,

Please stop ignoring the fact that Dash no longer claims there was "No Premine" in their OP.

They took it out because they have conceded their "instamine" was essentially a premine.

That leaves CoinMarketCap as the only official entity claiming Dash's unannounced launch+massive instamine is (in any substantial way) different from an instamine.

Is it your intention to (by listing it among the "Non-Premined" coins) confer upon Dash the legitimacy of non-premined coins that gave the public forewarning of their launch, and whose actual emission does not (to the benefit of the dev and his forewarned insider associates) vary wildly from the theoretical?

If Dash is no longer excusing or defending its former "No Premine" claim with technicalities, why is CoinMarketCap?

You can easily click on the Dash [ANN] thread to verify it no longer claims the coin had "No Premine."

Evan Duffield, the OP, no longer lists "No Premine" among Dash's attributes, and neither should CMC.

You added the **premined warning to Dash before, but then took it off.

Why was that?  Did someone threaten or bribe you?

Please explain why CMC still lists Dash among non-premined coins, and consider changing that to reflect the current claims of their own [ANN].

I have that list linked from my profile on this forum, as a "Shitcoin Auto-filter" and I'd really appreciate it if you would make that claim more completely accurate.

Thanks!

I want to ask you to reconsider adding the **-tag to DASH:

2013-12-29: 2 guys from Hawk Financial Group, Evan & Kyle, are asking on the Bitcoin Dev mailing list for "1 or 2 really good C++ programmer that is familiar with the bitcoin internals to help with a for-profit startup". They are planning to build a unique coin that is "not just a clone of the original Bitcoin code" but in stead "a merge-mined altcoin that will provide a very useful service to the whole crypto-coin ecosystem". They claim to have "detailed plans on how to implement it".

2014-01-18 There were some issues at launch, so Evan said he would postpone the launch and would "definitely not" launch it in the next hours. But he did launch it a few hours later.

2014-01-19 Xcoin was launched.
This was the emission in the first 72 hours of the coins existence:

This was the emission of the first 100 days:

At the moment, there are about 6 million DASH in circulation. There would be 84 million Xcoins eventually.
Note that in the first hour, 500k Xcoins were mined. Due to the "quick fix" of the bug, not many people expected to launch a few hours after Evan said he would "definitely not" launch in the next hours.

2014-01-19 Right after the launch, there were problems with the window binaries. Evan clearly was mining right from the start, as he offered 5000 Xcoin as a bounty for compiling the binaries.

2014-01-20 After the emission of almost 2 million coins, Evan said that "now that everything is stable, I'll be posting later about the vision of this project and milestones!". Up until this point, only the "X11 hashing algoritm" was a known feature. According to him, it was "time to move on to actually implementing what I set out to do".

2014-01-22 Evan releases his plans for XCoin. At this point, more than 2 million coins were mined.

---

Later on, some contradictions surfaced:

* The emission schedule changed multiple times. The latest we heard is that the number of coins would be somewhere between 14 million and like 16 million DASH.
* Evan said that this project was just a hobby he started while working on a full time job and coded Xcoin in a weekend.
* Evan claims there were hundreds of miners if not thousands when Xcoin launched. Recent investigation showed that there were 124 IP addreses that were mining at the start. 115 of those addresses where Cloudhosting and Dedicated Servers, 9 of them seem to be private/users.106 of them were at Amazon AWS and Microsoft Azure cloud instances.
 
---

Conclusions:
*Evan isn't acting alone, he had/has a team behind him right from the start. It wasn't a hobby. he had a plan to make a profit.
*Evan had plans for his coin right from the start, but didn't release them until after the instamine
*1.5 million coins were mined in the first 8 hours. Most of these coin ended up in his (and his friends) hands. It's very likely the 500k in the first hour were only mined by him with cloudhosting services.
*He lowered the emission later on, to make his relative share of coins bigger.

=> DASH was clearly a planned premine/instamine.