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Topic: [GPUC] GPU Coin | Mandatory Wallet Update - page 31. (Read 421398 times)

legendary
Activity: 1848
Merit: 1018
This might be interesting to devs and specifically Hendr1x


Atomic-Trade Sets Up Shop To Sell Prypto's Crypto Scratch Cards
April 14, 2014 JP Buntinx

It was announced yesterday that crypto currency exchange Atomic-Trade will open up an official store, where they will sell Prypto’s Crypto Scratch Cards in exchange for fiat currency.

The reason why this is a matter that should interest everyone, is because this cuts out the need for verification while trying to purchase Bitcoin, or other currencies with fiat currency.

There will also be no limits on on how much crypto currency you can purchase, which is an intriguing factor and could put some of the less popular Bitcoin exchanges out of business.

Atomic-Trade owner ByronP is looking at several payment options, including a merchant account for credit card transactions, Paypal, Skrill, Dwolla, Stripe, and quite a few others.

In order to combat the looming issue of chargebacks, all Crypto Scratch Cards will be sent out with a tracking number. No refunds will be given unless a Crypto Scratch Card is returned in the same condition it was sent out.

Worldwide delivery of Prypto’s Crypto Scratch Cards won’t be an issue either, as Atomic-Trade will set up a network of distribution centers around the world. Delivery of your order shouldn’t take longer than a few days tops.
legendary
Activity: 1400
Merit: 1050
um, okay. I can see that the dialogue on here has turned for the worse. On that note can we get back on track trying to help our coin?

waltsmith

My first post, woohoo! Do we have someone in the community that it has the knowledge and drive to put something like this http://blackcoinpool.com/ together for GPUC? Having a multipool payout in GPUC would increase the price and do what a lot of people are doing anyway by mining profitable coins and buying GPUC. I know I would use it maybe others would too. Heck, whoever develops it could market it to other coins as well. But GPUC first! lol
I have been here from the beginning and I am still excited about this coin. I hope the R&D is still going on. I would love to have a few of those PCI-e splitters that were hinted at since I can’t seem to find them anywhere. It would be great for the coin if we had something that was not easily found anywhere else (with some demand, of course). I guess I need to post the question. Is the R&D still happening?
Like many here, I also believe marketing will help but if we can drive up the price I think that would go a long way. I know I have found other coins by the profitability alone.
Having a welcoming community is always a plus to get people to stick around and contribute.  Thanks waltsmith for your efforts.


That sounds awesome !

Devs, can you do sth about this?
except that it is a coin you can already mined (unlike blackcoin), you don't need a multipool to get your gpuc...
sr. member
Activity: 392
Merit: 265
um, okay. I can see that the dialogue on here has turned for the worse. On that note can we get back on track trying to help our coin?

waltsmith

My first post, woohoo! Do we have someone in the community that it has the knowledge and drive to put something like this http://blackcoinpool.com/ together for GPUC? Having a multipool payout in GPUC would increase the price and do what a lot of people are doing anyway by mining profitable coins and buying GPUC. I know I would use it maybe others would too. Heck, whoever develops it could market it to other coins as well. But GPUC first! lol
I have been here from the beginning and I am still excited about this coin. I hope the R&D is still going on. I would love to have a few of those PCI-e splitters that were hinted at since I can’t seem to find them anywhere. It would be great for the coin if we had something that was not easily found anywhere else (with some demand, of course). I guess I need to post the question. Is the R&D still happening?
Like many here, I also believe marketing will help but if we can drive up the price I think that would go a long way. I know I have found other coins by the profitability alone.
Having a welcoming community is always a plus to get people to stick around and contribute.  Thanks waltsmith for your efforts.


That sounds awesome !

Devs, can you do sth about this?
sr. member
Activity: 602
Merit: 295
Hail Eris!

Yeah.. but he kindof did. The primary trade was BTC for IPO of GPUC, and nothing more. Did you receive your GPUC? If yes, then that's all she wrote. This subject is now at an end.




That was not the deal though.

The deal was I traded BTC for GPUC based on the guarantee that all IPO funds would be spent on a batch of GPUs.

This clearly has not happened since at least twice someone representing the coin has let slip that the IPO money was also going to other things like marketing and such.

You are saying I can tell a person that if they buy my coins I will promise do X and then have no obligation to do X?

And no.  I don't want to drop it. I believe I have been stolen from because GPUCoin did not fulfill their end of our agreement.

It was clearly stated in the IPO investor page, which has now been removed, that ALL funds from the IPO would be spent to purchase a bulk order of GPUs.  

The primary trade had a number of conditions that were not fulfilled.  I want my coins back. I will continue asking for a refund until it is proven that he fulfilled his side of the arrangement.  I have the right to complain.  Feel free to ban me from this thread if possible.

edit:  And I just don't like Jaymes.  I think he ruined this business.
newbie
Activity: 42
Merit: 0
Thanks! Been here from the beginning (long time reader, first time poster  Grin )
From the site:
"This pool has been designed to support the long term growth, profitability, and value of Blackcoin. Something to note: It is not possible to mine Blackcoin directly. Instead, this pool aggregates the hashing power of the community to mine other profitable alt coins, and then uses those proceeds to buy Blackcoin." -Blackcoin is now a PoS coin.

The idea is building a scrypt-n multipool to payout in GPUC. Seems like it would be a lot of work but I thought I would put it out there.
full member
Activity: 126
Merit: 100
welcome gimme
looks like that pool is just a normal p2pool.

found  http://p2pool.org/ and they do gpuc
newbie
Activity: 42
Merit: 0
um, okay. I can see that the dialogue on here has turned for the worse. On that note can we get back on track trying to help our coin?

waltsmith

My first post, woohoo! Do we have someone in the community that it has the knowledge and drive to put something like this http://blackcoinpool.com/ together for GPUC? Having a multipool payout in GPUC would increase the price and do what a lot of people are doing anyway by mining profitable coins and buying GPUC. I know I would use it maybe others would too. Heck, whoever develops it could market it to other coins as well. But GPUC first! lol
I have been here from the beginning and I am still excited about this coin. I hope the R&D is still going on. I would love to have a few of those PCI-e splitters that were hinted at since I can’t seem to find them anywhere. It would be great for the coin if we had something that was not easily found anywhere else (with some demand, of course). I guess I need to post the question. Is the R&D still happening?
Like many here, I also believe marketing will help but if we can drive up the price I think that would go a long way. I know I have found other coins by the profitability alone.
Having a welcoming community is always a plus to get people to stick around and contribute.  Thanks waltsmith for your efforts.
full member
Activity: 154
Merit: 100
How are we doing on client updates. 

Can everyone reach out to all pools and exchanges to make sure their client gets updated.  Else we're going to have some major problems..
full member
Activity: 126
Merit: 100
i'm not looking to do anything special.
personally i hate doing graphics, cad stuff isn't too bad, but was thinking more mspaint looking than photoshop lol
full member
Activity: 196
Merit: 100
One thing I can say positive.. I would definitely consider hiring the web dev team, they did a fabulous job.

i actually referred someone on this site looking for web work to check in with hendr1x, he has some talent.


got my png of gpu coin logo if anyone wants to play around with making images. it's only 256x256 but large enough for anyone that wants to play around with making some images or videos.
https://www.mediafire.com/?86ncy3rl8a6395e
https://www.dropbox.com/s/f5iqem9vasno9f4/gpucoin.png

My idea was to put a slogan across the top and bottom rim of the coin image like: THE COIN WITH A PURPOSE across the top and THE COIN WITH A STORE across the bottom.
Being that the coin image is displayed more widely than anything else free of charge, for example at coinwarz, this could clue people in to investigate further with no further effort on anyones part.

waltsmith
full member
Activity: 126
Merit: 100
One thing I can say positive.. I would definitely consider hiring the web dev team, they did a fabulous job.

i actually referred someone on this site looking for web work to check in with hendr1x, he has some talent.


got my png of gpu coin logo if anyone wants to play around with making images. it's only 256x256 but large enough for anyone that wants to play around with making some images or videos.
https://www.mediafire.com/?86ncy3rl8a6395e
https://www.dropbox.com/s/f5iqem9vasno9f4/gpucoin.png
hero member
Activity: 616
Merit: 500
One thing I can say positive.. I would definitely consider hiring the web dev team, they did a fabulous job.
full member
Activity: 126
Merit: 100
um, okay. I can see that the dialogue on here has turned for the worse. On that note can we get back on track trying to help our coin?

waltsmith

anyone have a transparent png image(s) of the coin?
will play around in photoshop today a little. with some doge inspiration.
full member
Activity: 196
Merit: 100
um, okay. I can see that the dialogue on here has turned for the worse. On that note can we get back on track trying to help our coin?

waltsmith
hero member
Activity: 616
Merit: 500
Right now I am arguing that Jaymes has not fulfilled his end of the transaction.  I am waiting for him to disclose some evidence that his part of the deal was carried out. 

He has not, so I want my coins back.

Yeah.. but he kindof did. The primary trade was BTC for IPO of GPUC, and nothing more. Did you receive your GPUC? If yes, then that's all she wrote. This subject is now at an end.

(and I will take this to court if I need to, it is a valid complaint and not frivolous, I have found two similar cases where a judge ordered a refund based on a company failing to show it carried out its end of an arrangement.  The first one was involving an IPO, the second one was not.)

$50 small claims court? There's a $50 or $150 fee just to file the paperwork in Chesapeake. And once they see that he upheld his side of the trade.. the judge would probably rule that you have to pay for lunch for everyone in the courtroom for wasting their time. Along with court costs. Another $75.

Jaymes does have to disclose some proof that 100% of the original IPO funds was spent on wholesale GPUs.

No.. he doesn't. Dude, seriously. I told you this multiple times. I live up the street from Jaymes. I'm familiar with VA court and business rules, I've owned several businesses. He doesn't have to disclose anything. He's an LLC. Limited Liability Company. What that means is, he is liable up to the value of his profits essentially, and is only required to keep tax paperwork in order and fulfill any obligations--which he has with the IPO. His tax attorney handles the rest, as he has explained.

If he does that then I will drop my request for a refund and stop pressing the issue.

Your time for refunds was back when I made my legal threats--which actually HAD merit, and he promptly returned my coin. I warned everyone to get out while they could. This guy has previous business(s) in his name which all folded in the past, unless there's another person with his exact name. I put all of this in the thread here and elsewhere and linked it, and you and other folks ignored/laughed at me. He has no demonstrated business ability, and if you ask me he probably got kicked out of the Nuke program.

Tough cookies bro.

The math does not add up.  As of right now the evidence indicates that the IPO money was not all spent on GPUs.  I don't think Jaymes would win in court.

Not only would he win, he would laugh so hard he'd probably pop out a feathercoin.

All I wanted was a refund. I have been asking for a refund for a long time.  We were promised a refund if the second launch failed but I was never granted one.  We are talking 0.12 bitcoin.  But since they refused to either disclose information that shows they met their end of the deal as well as refused to grant my refund.

I kept track of most of the refunds within the refund timeframe. I don't recall you filing for one within the timeframe, I believe you were one of the ones wanting to stay in. Just going on memory. The timeframe was only a few days, which was more than enough considering most people had already voiced to him prior to that of their intentions for refund. It was like a handful of folks.

If I did not take action I would not be sticking to my values.

You mean your drumbeating and face pounding?

I get your frustrations but the fact is, you took a leap of faith into an investment with someone you don't know. 100% gamble. Crap failed you. Look, I don't like the guy either but fair is fair, he upheld his word as far as he had to. I started getting a fishy feeling about him when I told him I was local and was willing to be involved heavily in the project to get it off the ground. I have a decent reputation on here, even folks who hate me will acknowledge I'm up front and willing to help. I have a small mining network at my disposal, multiple farms, and am on here daily. I could've handled his marketing and tech support, and even some of the mail

When he found out about that, he pretty much ghosted on me and refused to converse back with me. HUGE black flag in my eyes, so I immediately requested an out as soon as the first sign of incompetence popped up (wanting to change the algorithm on a whim hours before launch).

I get what you're saying but dude, drop it. Most of the BTC went to the huge GPU order he made, as well as other expenses. Even if he did run off with it.. IT'S HIS TO RUN OFF WITH. In Virginia a successful legal transaction is when both parties agree to something and both ends are held up.

Almost all of your posts are just emo without logic. You're trying to infuse hopeful logic.. but it doesn't work. Hope is not a course of action, it's a dream.
newbie
Activity: 6
Merit: 0
0.12 BTC is around $50 right now, this is small claims territory and depending on where you live it might cost you as much or more to file a suit to recoup your 0.12 BTC.  You cannot escalate it past small claims in superior court as it is not worth more than the maximum small claims suit amount (usually somewhere between $1000 and $3500 depending on your state/district)  I can tell you right now, if you get an attorney you will spend more than what you would get in return.  It would likely just be better for you to wipe your hands of GPUCoin and mine something else.

We all understand you are upset, but constantly stating this on a forum that the owner of the coin doesn't frequent too often isn't going to help you.  Sometimes, like a broken marriage, it is better to just walk away and chalk things up to a life lesson learned.

Also, the owner does not have to disclose anything, it isn't a publicly held company on the stock market.
A better plan would be to keep mining, tell everyone to buy the coin, use your time and knowledge of the internet to promote the coin, and then when it goes up, you will make way more than your IPO money back.  And if you have been reading here, you will know that in about a week or so the blocks will half to 10,000, so your coins will be worth double and hopefully we can get known by then.

P.S. DID EVERYBODY DOWNLOAD THE NEW WALLET SO WE WON'T GET FORKED AND F@CKED WHEN THE BLOCKS DECREASE?

Oh no, I was just directing that to the guy complaining, I haven't stopped mining myself since the day GPUC launched.  I only have around 650k, but I am also only using a single 270x and not doing the double threaded mining so that I can still watch movies and use my computer.  I am pretty sure I have the updated wallet "GPUcoin version v0.8.7.2-g88e2a2e-beta"
sr. member
Activity: 392
Merit: 265
illiki23 you've got to let it go.
the money collected was to help get the entire business off the ground from graphics cards, domain names, site work, programmers for the coin and w/e they needed to spend money on.
why do you, as only a customer, need a itemized list of his spending?

if in almost every page, if not every other page, you're going to keep going on about this, why not dump your coins and move on? seriously sit back and think about doing so. i'm IPO and so are a lot of others, however i dont see a single person asking these questions. sure some people have asked when more stock would be in, or how many cards there will be, but not in the relation that you're asking about it.

and before you try to make a point about the ipo, lets define it.

IPO
An initial public offering, or IPO, is the first sale of stock by a company to the public. A company can raise money by issuing either debt or equity. If the company has never issued equity to the public, it's known as an IPO.

as such the equity (or value of shares) is directly related to coins. we got them, case closed.
nothing to do with shares in his company or his finances.

+1 THIS

Let's move on and see what we can do from hear on in. I don't have the skills or connections to get any marketing or advertising done. Nor too get any coding done. Or any graphics design. But, i'm willing to work. You idea guys out there with know how in these areas, utilize us, the community to help with these things. Might be unskilled labor, but its still labor.

waltsmith
I contacted on PM CryptoArticles.com and the guy said he is OK with posting an article for us. As English is not my native language and I have been critised a lot for my grammar in this forum (as well as this thread), would you mind writing the article? Or, if not, let me know and I will prepare it and you will just spell and gramar check it after that. Whatever pls let me know on PM so we can discuss this.
legendary
Activity: 1848
Merit: 1018
0.12 BTC is around $50 right now, this is small claims territory and depending on where you live it might cost you as much or more to file a suit to recoup your 0.12 BTC.  You cannot escalate it past small claims in superior court as it is not worth more than the maximum small claims suit amount (usually somewhere between $1000 and $3500 depending on your state/district)  I can tell you right now, if you get an attorney you will spend more than what you would get in return.  It would likely just be better for you to wipe your hands of GPUCoin and mine something else.

We all understand you are upset, but constantly stating this on a forum that the owner of the coin doesn't frequent too often isn't going to help you.  Sometimes, like a broken marriage, it is better to just walk away and chalk things up to a life lesson learned.

Also, the owner does not have to disclose anything, it isn't a publicly held company on the stock market.
A better plan would be to keep mining, tell everyone to buy the coin, use your time and knowledge of the internet to promote the coin, and then when it goes up, you will make way more than your IPO money back.  And if you have been reading here, you will know that in about a week or so the blocks will half to 10,000, so your coins will be worth double and hopefully we can get known by then.

P.S. DID EVERYBODY DOWNLOAD THE NEW WALLET SO WE WON'T GET FORKED AND F@CKED WHEN THE BLOCKS DECREASE?
full member
Activity: 188
Merit: 104
srsly, what a whiny bitch

yeah go get your lawyers for 0.12 btc, seems like the best logical thing to do


Probably several people in here who would gladly throw in .12 BTC just go get him to go away.  Seriously, sell your coins and move on another community to whine in.
legendary
Activity: 1848
Merit: 1018
I would go away if the store proves they spent the IPO fund on GPUs.

Otherwise I have a valid complaint and will not leave it alone until it is addressed.

The more they refuse to disclose the information I am seeking the worse it looks for them.
What the hell are you talking about? Go back and look thru every post here.
I don't know where, but at some point Jaymes put a photo of the invoice for
the first batch of graphics cards. I think there were like 30 or so 280x's, 270x's and 240's.
I don't remember the exact numbers, but he did order and post the invoice and a photo
of him with the boxes of around 70 or so cards. And no, he did not post the price's he
paid for them, but you can just figure he got them wholesale, or about 20% less than
you could have bought them.  He owes you nothing from your IPO, and I did IPO also,
but I do feel he at least owes me some freakin effort into marketing and advertising his
coin, if the coin goes up, our IPO money goes up. At this point I could care less about
buying a card from him at 10% off, I just want to see the coin thrive like so many other
crappier coins seem to do.
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