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Topic: [PRE-ANN][BS] BitSlap! PoW x11 ***Delayed Again LMAO - page 6. (Read 47869 times)

sr. member
Activity: 406
Merit: 250
No IPO, that is a good news.

yup, but dev is too greedy. I'm out!
hmm I'll consider mining this coin if dev reduces the number of premine.

Why is everyone up in arms about a 0.5% premine?!?

Ok, so i understand there are three people working on this coin and maybe more? so that is about 0.16% max each.  The dev group should be entitled to the premine if they put in the effort and create value in the coin, which will unavoidably require them to use their own assets, be it time, fiat, BTC, or the premine.



legendary
Activity: 1400
Merit: 1050

People are saying that it's all over with this coin.

Was it over when the Germans bombed Pearl Harbor?  Hell no!
Grin Grin Grin
full member
Activity: 232
Merit: 100
No IPO, that is a good news.

yup, but dev is too greedy. I'm out!
hmm I'll consider mining this coin if dev reduces the number of premine.
staff
Activity: 3458
Merit: 6793
Just writing some code
Which pool you wanna join?  Grin
sr. member
Activity: 392
Merit: 250
No IPO, that is a good news.
newbie
Activity: 47
Merit: 0

People are saying that it's all over with this coin.

Was it over when the Germans bombed Pearl Harbor?  Hell no!

Now who's with me?
Japanese bombed Pearl Harbor  Grin And looks like it's all over with this coin  Tongue
sq
sr. member
Activity: 294
Merit: 250
                                                            Almost there!!!

full member
Activity: 132
Merit: 130
Want to mine BS X11 and need more hash? Why not rent what you need? Get rigs now while the price is low!
X11 Mining Rigs Available!

https://www.miningrigrentals.com/rigs/x11
hero member
Activity: 686
Merit: 500
BitSlap!


0.5% Premine.

What? You think we are doing this for your benefit? Get the fuck out of here.

We could of made it 0% and just instamined it... but we don't have any rigs and that sounds like a lot of work.

I like this ann Smiley

0.5% * 100mil = 500000 coins

with 18 coins per block this is around 27777 blocks - around month premine


greedy and incompetent
Wish you luck dev


around month premine Grin
and the question, are you still waiting for mine it or out of this coin?
full member
Activity: 125
Merit: 100
full member
Activity: 177
Merit: 100
We have pushed the launch to June 1st at 18:30 EST (GMT -4).

We don't give a fuck anymore. Unless you make us laugh a bit more. Wink
legendary
Activity: 2100
Merit: 1012
Europecoin Financecloud API
 Grin because the only also interesting coin tomorrow also delays (FLUX) im still with you BITCH
newbie
Activity: 8
Merit: 0
Block Rewards!
Maybe im wrong, but your shown blockrate is 1 Block per 90 Seconds?  Time/Block 90 !

So shouldnt it be like this ?

  • 0.66 Blocks/Min
  • 40 Blocks/Hour
  • 960 Blocks/Day
  • 6720 Blocks/Week
  • 349440 Blocks/Year

?!?

P.S.:
Your Premine is 27777 Blocks high, how long it will take to mine you can calculate yourself Tongue

So guess what motherfucker? Your absolutely correct and we would like to thank you for actually being, I believe, the only person to actually check any of the calculations! If you would like, once the coin is launched please send me a pm with your address and you will most definitely be rewarded for calling us out on our fuckup. BitSlap is a two-way street, you call us out and your right - you win.

Anyway, my brain has reached its max capacity for one day but let me just touch on the pre-mine amount, block numbering, and show you how the modified distribution looks. In regards to the amount being high - if you look at it as a single account that I'm going to greedily be sitting on waiting to dump the second this coin is released on a market than your absolutely right. But that's not our goal - the current team consists of 6 people each working on different aspects with different levels of involvement so you need to consider that its not a singular amount. Second, we don't have any massive rigs nor did we rent any hashpower (heh, if you did - congratulations, your the first to officially get bitslapped) so any coin claiming 0% premine is either going to instamine or find some other scam to get it regardless.

But with all that being said and especially with the numbers being redistributed, I do tend to agree it may be a little high and I'm open to *some legitimate feedback* on what you all feel a fair number is. Also, we're looking for people that would be willing to contribute to BitSlap and essentially become part of the development group. To this end while we still intend to offer some of the typical bounties, once we're on track we plan to focus development into a few key projects and we would like to use a portion of that bounty to give to members willing to either contribute or take on some of these. It seems like there's always a lot of people looking to contribute to various coins in some way and it seems to me they're generally ignored by the developers so that's where the intent stems from.

So real quick in regards to how many blocks it would take and those concerns, the answer is that its going to be built into the first few blocks and then switch over to the actual curve. Done. That was easy.

And here's a look at the modified distribution thanks to Pelk:
http://i.imgur.com/Kxf484y.png

So I'll put up some reference numbers similar to the other ones in the morning but i guess the moral of tonight for everyone is shittalk + math = results. Peace bitches!
full member
Activity: 164
Merit: 100
This was funny....at first....
Should have just kept your mouth shut
member
Activity: 98
Merit: 10

People are saying that it's all over with this coin.

Was it over when the Germans bombed Pearl Harbor?  Hell no!

Now who's with me?
sr. member
Activity: 700
Merit: 250
There's better coins launching tomorrow and this week, let's move on and forget this total crap.


legendary
Activity: 938
Merit: 1001
HashHarder PRE-REGISTRATION Now Available

http://new.hashharder.com/x11/bitslap

http://new.hashharder.com/register-alias

One Alias | So Many Coins

Non-registration still available. Pre-registration now also available.

full member
Activity: 125
Merit: 100
There's better coins launching tomorrow and this week, let's move on and forget this total crap.

newbie
Activity: 9
Merit: 0
Eish, that is one huge pre-mine... :\
newbie
Activity: 42
Merit: 0
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