Topic: LOTTOCOIN OLD THREAD, [CLOSED] - page 239. (Read 370543 times)

Just to kill any rumours i did not give cryptsy any payment or bounty.

I agree for the most part. But transparency is necessary ( really is the heart of crypto to me).
And the slide rule as svennand pointed out.  
And growing a pair and not getting pushed around.  I like the idea of the 10mil LOT donation to rapidballs (and says a lot about mrlotto bc it is direct competition with his lottery), but I feel no bounty should be paid...but now that there are 2 additional game slot bounties added then he only gets the 1mil bounty (should be smaller bc of current difficulty) and told that his question was already answered in the first correspondence.  If he does not like it then drop the bounty amount or drop it completely.  What is his scrape on rapidballs? bc that 10mil donation will get him enough.

I've added my response to your quote back in - I only deleted it as I didnt agree entirely with some of the posts quoted originally and didnt have time to filter out that with which I didnt agree.

Spot on.  Except for the fact that I do not believe it is in the least bit scary to libertarians, rather accepted ("does end the fed" sound familiar?), but to each his own...really not wanting to make it a political discussion.

I hope in my previous posts I did not come off as one against free markets and capatalism because I believe in both immensely.  I would hate to see any premine destroyed at all but rather all used but transparently for the consumer and troll perception.  Even if that requires some subterfuge...like additional accounts and claiming bounties.  Or just a pic of the dev and a new car to get to your development center...get creative but be able to sell the idea. From the looks of it mrlotto did not claim a bounty for his game creation.

Also, I hate that you edited your post to delete your positive comment to my post.  It felt good getting positive recognition from someone who has been around for as long as you have.

I'm sort of hoping that's where it ends up.  I like the fact that there's a ton of Lotto coins.. I just like betting 1000 on Red!  rather than "Wow I just won 0.023 on my 0.00074 bet!  Other coins...not so much.  But I'm cool with LOT being that way. 

That sounds great.  I wish there was more than just lottery and dice.  
I would like casino games maybe blackjack, roulette, craps, slots and video poker.
But that look like real online flash casinos not the standard cryptocoin casino.

The rejects are caused by a bug still in the wallet code for some reason, not the consolidation of hashing power.

Nevertheless, your concern is justified and, I'm sure, shared by more than me.

Nutnut, you should really consider an exorbitant fee on your pool, or something, to incentivize this network to decentralize.

Hey guys, New pool open for Lottocoin.   http://lot.cryptopools.com   99.99% uptime and one of the best support systems out there! Come and mine your Lottocoins before its to late!

There are. The price it's selling for is listed as the sell price. That is what people are buying it for.

If you are talking about volume. Coinedup probably has 500-1000 active users. Cryptsy has like 70,000.

I agree for the most part. But transparency is necessary ( really is the heart of crypto to me).
And the slide rule as svennand pointed out.  
And growing a pair and not getting pushed around.  I like the idea of the 10mil LOT donation to rapidballs (and says a lot about mrlotto bc it is direct competition with his lottery), but I feel no bounty should be paid...but now that there are 2 additional game slot bounties added then he only gets the 1mil bounty (should be smaller bc of current difficulty) and told that his question was already answered in the first correspondence.  If he does not like it then drop the bounty amount or drop it completely.  What is his scrape on rapidballs? bc that 10mil donation will get him enough.

 As for Premine's and Instamines: EVERY coin suffers from one or the other. In no way shape or form does it make it 'rightly so' for early adopters to benefit extraordinarily more than those that come after. Sure we can rationalize and make sense why early adoptors deserve a bit more, but how much of a bit more, exactly how much more? What? Now we have to have our own task forces determine such a thing? Or get everyone's vote? Get Real. It is what it is. Accept it or don't. Like it or not this is how the world works. Some earn more than others. Some take more than others. Some receive more than others. That's just the way it is.

  Let's be real. Only those coins that don't get ever more difficult to mine as time goes on (NO Coin does that) is purely of sainthood. And their few an far between. In fact I doubt anyone can even guess which coins are the most fair!

Hint: cryptometer.org - Historical Mining Rate Production Charts http://cryptometer.org/index.html
        Bitcoin Block Explorer - Blockchain.info http://blockchain.info/
        Block Explorers for ARG, CYB, DGC, SRC, SBC - http://cryptobytes.info/chains
        CryptoCoinExplorer.com - For many Crytpto-Currencies here http://cryptocoinexplorer.com/

 So just toss out these well camouflaged self serving socialist/communist/fascist concepts that others are suppose to work for little or nothing, while clowns that demand Exclusivity forever onwards can rush in and do next to nothing for larger gains if only they show up before others.


 It's called Capitalism. But it seems there are really precious few ethical Capitalists in this world today!
================================================================


And few if any of these clowns that scream and rant over the internet concerning certain Pre-mine's and Insta-mines but not other ones are neither capitalists, nor serving anything but their own flavor of self serving bullshit.

 Many coin types have endured all kinds of lies, slants, and other half truths, twists of logic, and demands from others that their not good enough. It's obvious to know most of these sources claiming such crap are full of shit far too often. And when not their double standards are glaringly obvious. Not to mention their all too often extremely subjective slants and slights.

 Sure a minority of crypto's are not worthy. Okay, mention them. List them. Make a list. And BACKUP your comments with FACTS, and References, but not merely half truths and self serving data designed to misrepresent the whole truth, the entire truth. Otherwise your even worse than the evil Banksters.


 Disclaimer: How I am going to represent Bitcoin below is not my beliefs. Nor is it my intention to smear Bitcoin. But instead a glaring example of the very point I am trying to get across to those that demand Command, Power, and Control over everything, and everyone else for that matter.

 I fully and strongly hail the King: Bitcoin, and it's genius behind it. I always will. It gave birth to this Crypto Monetary Revolution. We all owe everything to Bitcoins creator(s) for that, and to Bitcoin itself. That said here goes:


 Case in point: Bitcoin and Satoshi's alleged 980,000 bitcoins, or about 8% of all bitcoins mined to this very day! What a shitcoin if there ever was one right? Talk about an unfair advantage, and gaming the entire system! No? Well what? A double standard then?

RE: Video: Satoshi has how many Bitcoins? https://www.youtube.com/watch?v=AWtNeaZxT54
============================================================

Bitcoin Mints Its First Billionaire: Its Inventor, Satoshi Nakamoto
========================================
http://motherboard.vice.com/blog/bitcoin-mints-its-first-billionaire-satoshi-nakamoto

Satoshi ‘s Fortune: a more accurate figure
=====================================================
http://bitslog.wordpress.com/2013/04/24/satoshi-s-fortune-a-more-accurate-figure/


  *(For those that defame, slander and merely conclude that other pre-mined and insta-mined coins are not worthy:
     list your references and/or explain in detail from now on or be labeled as merely a self serving clown at best).
          Case in point would be labeling some crypto subjectively, out of context, or wholly/partially inaccurately.


 So, Just after release Satoshi insta-mined the bit-shit out of bitshit, and well before 99.99999% had a clue anyone could even mine Bitcoins at all. So are we all suppose to run away from Bitcoin because it's creator(s) demanded to be compensated for what clearly must be far too much? (BTW: Again, This isn't what I believe, but instead a mere reflective point of view).

 After all Satoshi is closing in on 1 Billion Dollars worth of bitcoins in just Satoshi's hands, and if Satoshi were ever to dump any larger numbers of those it would completely collapse bitshit? Right? And soon should Bit-Shit keep rising greatly in value well Satoshi could end up the wealthiest person(s) in the entire world! That can't be right can it? (BTW: Again, This isn't what I believe, but instead a mere reflective point of view).

 See here: If Bill Gates and Steve Jobs came to the table with offerings so well received that their product or service was overwhelmingly well received then their very offerings do indeed make them deserving of their capital gains. They produced something real. Tangable or not, they were extremely well received. It will or wont be the very same thing for all these Crypto-Commodity-Currencies.

 And given this same reflective point of view: we wouldn't want anyone, not even the creator of Bitcoin and this Crypto Monetary Revolution to dare to have such a luxury of wealth, nor ever able to earn their way in this world by offering such a grand and noble thing as Crypto to the entire world now would we?

  At least not when all these do-good'er types (Example: Communists, Socialists, Fascists, Libertarians, Democrats, Republicans, etc.) scream out that these other choices are unfair offerings, and well lets surely not forget about the king and creator of bit-shit! O wait, that's right, we're all suppose to hail the King of Crap.

 And after all our present Masters of this world: The Owners (shareholders) of our very own criminal International Banking Cartel could be damaged by dare I say: Competition.

(Personally I fully and strongly support Bitcoin, I always will. But I had to make the points above to get the whole jest across, and surely someone out there believes what I just wrote. Likely the criminal Banksters themselves).

 But I needed to point out some of Bitcoins weaknesses to best get the message across that we all have weaknesses, and frailties.

  We all need to earn a living too. Some of us much more so than others. Some of us clearly earned more than others. Satoshi is clearly one that earned more than anyone to date for offering such a revolutionary masterpiece as Bitcoin truly appears to be.

 I wont eliminate any Pre-mine or Insta-mine from my own extremely diverse yet relatively small crypto portfolio unless I personally see fit to do so. Not simply because the creators wanted what Satoshi himself demanded! If their offering(s) capture my attention and speculative monies than they earned it. Nothing more needs saying.


 The OP like so many others are screaming out foul for their very own agenda's, or because they really don't quite understand how this world truly functions yet. Although surely some of them are extremely well intentioned, maybe even the OP for that matter; yet even then it's at the very same time possibly full of self serving double standards and duplicity, even under the best intentions. Or at least it can easily be viewed as such by others. It sure is by myself. And hence this retort.

  In other words your all behaving as badly as the Banksters who demand ONLY THEIR CURRENCY be adopted. That ONLY THEY RULE OVER ALL OF US. That ONLY THEY ARE THE WEALTHIEST. And to eliminate all other crypto-monetary competition. It's that very competition that makes possible CAPITALISM. And without accepting all comers YOUR NO CAPITALIST at all. At least not yet OP. But at least it appears your at least trying to be one. And that's far better than most these days!


 This Monetary Revolution is about real Freedom, true capitalism, real free markets. And it's up to all of us to decide what is what, and which is to be favored. Not a select few. Not the appointed. Not merely a few elected. But instead all of us, independently, and of our very own free will. It's the Intelligent Revolution. Fools be damned. And just like Capitalism it's all about Natural Selection. (the strong favored over the weak, just as it is in nature).

 I realize that is scarey. At least for the Communists, and the Socialists, and the Fascists too. Not to mention the Democrats, libertarians, and Republicans, etc...

  In fact it likely scares the bit-shit out of everyone but the Anarchists. And it just goes to show that even the loony, lonely Anarchists get some things correctly. In fact many things correctly. Just as every political group does. But not all ideas.


 I have a much better idea than all these rhetorical threads: how bout we execute anyone that demands any censorship, or any moderation, or demands anything else when it comes to seeking Command, Power, and Control over other People without first getting the will of the people behind such causes.

 And I don't mean a minority of the people just in case your still squirming in your hell bent for leather chair venting and raging that your never going to regain or capture command, control, thus power over any of this Monetary Revolution Mr. Bankster!

I've actually been continuing to mine LOT just to play the games

+1 for bolded area

about premine, I do not care if the founder is rewarded for the coin, as long as we all see max profit. Long term and Short term.

Exactly.  Like the user (I am to lazy to go back and look) who spoke directly to Nut and Deviant about having the fix to patch their pools.

And the slide rule / bounty scale down is an absolute necessity.  

For instance, the new lotto game rapidballs owner says "Please can you confirm what bounty you guys can come up with?"

My answer....you get nothing...zero...and now go to the end of the line.
He was approached by Hampuz who said their was a bounty of 1mil (and at that time I believe 1 of 3 bounties was taken).  
RapidBalls put LOT on the back burner and all bounties were taken by the time he responded (more have been added now..I only thought there was 3 originally).
RapidBalls is already making money off just offering the coin on his lotto games.  The vig on all those games and coins is plenty enough.
*no offense meant towards Hampuz, if any was taken. Hampuz is a huge win for this community. RapidBalls is a greedy and greasy slimeball taking advantage of someone's good will.

I think in business and coin development there is a very fine line between compromise and being run over.  IF we allow services to run us over they will continue to do so.  Not a good spend for the premine or public opinion.

The idea of operating on scarcity (no bug fixes) or out of hunger or need to be on cryptsy will run us into the ground.  Act like LOT is worth .1 BTC and accept nothing less when offering bounties and possibly accepting services.

Do we want more publicity/exposure through a rapid ball lottery or any service that ran us over or
more publicity/exposure from telling services to f off if you put us in the corner.

Surround ourselves with only those that want us to do better and will help facilitate that then we can only go up.

The rest will take care of itself then.  imho.

mrlotto also just donated 10 million LOT for the RapidBalls Lotto. If you count that, the giveaways, the bounty's, the faucet and the 5btc for cryptsy, mrlotto has already spent around 100 million LOT to launch Lottocoin and it hasn't even been out 3 weeks yet! Seems to me he is using the coins for their intended purpose.