Topic: █ █ [NUT] NutCoin █ █ Season 01 Episode 04 █ █ - page 47. (Read 340961 times)

I wish I had your talent and skill in coding if you're able to put this together, you'll have my admiration and support. Thanks for helping! 

I just wanted to let everyone know that I have started to work on a new lotto website. Some of my ideas are to have a weekly or biweekly progressive jackpot and a daily raffle. I don't want to it to be like every other lotto out there. So I want to upload a video of the draw(maybe using real nuts as the balls). Besides the draw I want the video to have things like current Nutcoin news to help people stay informed and comedy to keep people interested.
You will be able to pick 5 numbers and buy and unlimited amount tickets. I am still working on how many numbers there will be and what the odds will be. Each ticket to the lotto will cost 1,000 Nutcoins with payments as follows:
65%-Jackpot shared among everyone that matches all 5 numbers
10%-Shared among everyone that matches 4 numbers will reset to 0 if someone wins and will start fresh the next draw
5%-Shared among everyone that matches 3 numbers will reset to 0 if someone wins and will start fresh the next draw
5%-To start the next jackpot(so it won't start at 0)
5%-Used for donations to our various Nutcoin causes
10%-Site maintenance, initial setup fees and hosting(this number will go down the more the lotto makes)
The payouts are progressive and will go into the next drawing if nobody wins.
I will donate a generous amount to the initial jackpots personally with them starting at:
Jackpot- 5,000,000 Nutcoins
4 Balls- 500,000 Nutcoins
3 Balls- 250,000 Nutcoins
The daily raffle will also cost 1,000 Nutcoins, but it will be automated and payout all to a random winner. I will process all deposits and payouts manually till I can come up with a good program for it. After you deposit I will add the Nutcoins to your Lotto account and you can buy tickets whenever you want and then when you want to cash out there will be a form and I will process it. I am hoping to be done in the next few days. If anyone has any ideas please let me know?

if u want to get rit of it, u may sell them on my 20mil+ buyorder on allcrypt, Thank you

While I will applaud you if you get your asking price, you're just not really in the ballpark of reality at this time:

WTS over 2.2m NUT for 0.025 BTC (thats like 1.15 satoshi per 1 nut). Don´t want to sit on them anymore. PM me If You are interested.

Great job gathering forces guys.  Im sure dmx is working hard to keep things going for nutcoin.  No need for a "takeover".  This is what nutcoin needed all along.  A community effort to band together the miners and form a solid foundation.  Hes doing hard work to put merchants together and release episode 4.  Theres no reason it wont happen if we help it grow and give it a more solid base worth.  Theres also no reason we cant form our own "branch" and keep advertising nut our own way.  We can even make a new coin logo theres no reason 2 cant be available.  Just more places for nut to expand.

Anyways if you want likely more up to date info in the original post of the thread I try to keep up here:

http://www.overclock.net/t/1457860/nut-nutcoin-fan-club-the-time-of-nut-has-arrived-d

Which has at least updated pool list and I try to keep an eye on things.  Busy time for me working on many things.  Including a nutshop of some sort to sell nutcoin merchandise.  All in due time my friends. all in due time .

Nutcoin Mining Pool Hub

http://nutcoin.miningpoolhub.com

- 0% Fee
- US / Asia servers
- Very fast, reliable, secure.


Also you can mine other coins on miningpoolhub by single sign up.

Come and mine together.

This site is a scam. They are a blatant copy of another site and seem to have no pay-outs. Don't do it:)

Nutcoin's listed as an accepted currency now! Good work man!
The 'site (nutcoin.com) is back up too.

The seeds are starting to grow

longlive my nuts!     

Long time no see Was off dealing with some personal matters, but don't think you can get rid of me that easily

As far as Nutcoin being dead... You can't kill it that easily.

Excellent  

I have sent an inquiry to this site: http://bombsweeper.com/# to see what it would take to have Nutcoin listed as a method of payment.

Good stuff

New server for the site is up. Site will be back online this night.

That's what I'm saying, I'm hoping that we can weather the storm.

This morning I put my money where my mouth is a little bit and bought a few votes. On MintPal, you can buy votes for any of the coins on their list. For each 0.00005 BTC sent = 1 vote and as I found out, there is a 0.0002 BTC processing fee if the payment sent comes out of you MintPal account, but in theory, each BTC penny or 0.0100 sent = 200 votes. I sent 0.01 BTC which was turned into 0.0098 due to the transaction fee this morning, but aside from my physically voting multiple times a day to help us move up the line. If I could get 4 more guys (gals) to send in a single Bitcoin penny, that would turn into approximately 1000 votes today.

The confirmation address is linked to the payment address, or you can go to MintPal's voting page and scroll down until you find Nutcoin and find this same address, but if you click on it, it will take you to the paid voting confirmation site and you can view the entire history of bought votes for Nutcoin or do the same for any of the other coins listed on their site.

https://www.mintpal.com/voting

https://blockchain.info/address/1GKB8X9cxEcNe5e7TwtanautaeZsAg3YtL

1GKB8X9cxEcNe5e7TwtanautaeZsAg3YtL

In this case, our page wouldn't let me attach the link directly to the payment address, but you can follow the links provided to insure what I'm telling you is correct and not me trying to scam money from you. I know many of us don't want to be bothered by voting multiple times daily, but if you want to help out this would only take a few minutes and as I write this, each Bitcoin penny is worth $6.29 USD

Great analysis. Nutcoin will remain profitable, because value is low and mining is easy, don't you think?

I don't know how many of you play the coin markets, but I have been and for the past few weeks I've been seeing some troubling signs in the market and it's my belief that we are getting ready to go into a period of consolidation. What I've been seeing is generally lower coin prices across the board and even when looking at the CoinWarz web site and you look at the column that tells you how many days of mining that coin it will take for you to earn one Bitcoin and where there used to be some of the best that you could do it in about a month, now it's almost two months of mining what they say is the most profitable coin to make one Bitcoin. I think there's a couple of reasons for this happening:

   1) I think the flood of new coins has outpaced the influx of new cash into the market, this means that what money there is in the market is being diluted among an ever growing number of coins, which means less competition to buy each individual coin and less competition leads to lower prices, it's the classic "supply and demand theory" and right now there are too many coins on the market.

   2) I also believe that since Bitcoin seems to have survived the Mt. Gox crash and burn relatively unscathed and is now holding its own on the markets, either people are taking some of their coin money out of the altcoins and putting it into Bitcoin or profit taking by converting it into fiat and totally out of the market.

While in my opinion it would be healthy for the market as a whole, I think we might be on the verge of seeing some of the "also ran" coins collapse due to lack of interest and I don't think it's gonna be painless either, it's my belief that coin prices might fall quite a bit more before this has run its course, which makes it that much harder for miners to find a profitable coin to mine. I'm hoping that we can find a way to immunize Nutcoin from this, but it might be tough to do completely. I think I'm of the belief that we just need to keep doing the things we're doing right now, which is to continue spreading the word about Nutcoin's existence and trying to find uses for our coin. Don't be too surprised if we don't lose some more exchanges along with the drop in the number of coins. At the moment, I'm hoping this will all be over in a couple of months, but I don't know that it will be, it might be a long dry summer. It's my hope that the coins that come out on the other side of all this will be a stronger bunch and once competition for the fewer remaining coins is increased, the prices will then come back up, maybe even stronger than before this downturn started. I'm sure the market would be more healthy with fewer coins. I don't know what this will all mean for Nutcoin, but it's my hope that we as a group will pull together and rally around our coin to keep it and each other going, but I just thought I should warn all of you what I believe is in the process of taking place so that nobody is surprised if and or when it starts to seem like the sky is falling. It's also my hope that both Nutcoin and our group is going to be able to come together to insure the survival of our coin and that we will take the time to encourage each other as we go forward.

Since I am the eternal optimist, it's also quite possible that I'm wrong about what I think we're seeing, the opening rounds of what might turn out to be a sever downturn lasting a few weeks, a few months and I certainly hope not an even more extended period of time. The problem is, while am I the eternal optimist, but I also try to be a realist as much as I can be, which has caused me to read these tea leaves the way I have.

Keep mining, voting to get us onto more exchanges and looking for uses for our coin and don't overlook existing businesses that we might be able to talk into accepting our coin for goods or services.

Happy Mining

It's been at episode 3 for weeks, what about move on?!

dam i just voted qqc 

We are still in need of votes, 6 votes per hour for registered users: https://www.mintpal.com/voting