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Topic: [PRE-ANN][HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast - page 54. (Read 140040 times)

sr. member
Activity: 338
Merit: 250

confirmed: the "whale" has surfaced.  (Needs air I suppose.)

Important: A note to anyone considering purchasing from the whale.  The whale's funds will only be available after the launch.   We will not be doing the bookwork (nor genesis block changes) for whale's reselling.  Also, we cannot be responsible for his actions (ie. whether he turns out to be honest or not).  We are not saying he is dishonest--- we don't know.  As always, proceed with caution!


keccak512 can I ask that you look into allowing a resale of 10 BTC of my share?

Current IPO pot is at 57.40086441 BTC. If you allow me to resell, this means that the next 10 BTC added, will still leave the pot at the same value.

This will be beneficial to ALL investors involved. Not allowing me to do this, will look greedy on your part, IMO. Please advice.

+1 anyone?
member
Activity: 90
Merit: 10
Yo, I spoke to the guys over at MintPal. They should have Heavycoin on the voting board sometime tonight. https://www.mintpal.com/voting
newbie
Activity: 9
Merit: 0
Heavycoin Public Key:   0414cc5cbbd72cb37ff7a1d41b81fdd0e9414d143210c5d7e2c5940280f358e87d55277775c5aeb a39b0670a7d148f2d4bc0448c13133a000c54753a56da52332d
Bitcoin Transaction ID: 484200387c85bd3aded25fbe1dbc9ee30cd54d90c7ac9a2a9d60ba9228561c00
Amount sent 5 BTC
sr. member
Activity: 361
Merit: 250
IPO meaning premined. Let see RDDcoin, Duck coin... the coin go to die.

+1 i agree

So shameless!
sr. member
Activity: 338
Merit: 250

so you are saying he won't refund you the money?

Im just having a hard time figuring out why IPO holders wont immediately dump their position on the first exchange? 

What is the incentive to hold ... is the voting throughout the entire life of the coin?

I'm allowed to resell my positions. But I understand why they do not want to change the rules of the game halfway tru the IPO, to allow and help me resell my shares. I think its fair that no refund is allowed, at least from their perspective.

IPO holders may dump their position there's no way to tell. Then people who think the value has potential to rise, will hold. But isn't that the same with all other coins?
legendary
Activity: 1418
Merit: 1002
By doing so, another 10 BTC can be injected into the pool, and hence fairer distribution, without having to add more BTC value to the pot and diluting it further.

Will these sales update the distribution charts here?
http://heavycoin.github.io/ipo-calculator.html


confirmed: the "whale" has surfaced.  (Needs air I suppose.)

Important: A note to anyone considering purchasing from the whale.  The whale's funds will only be available after the launch.   We will not be doing the bookwork (nor genesis block changes) for whale's reselling.  Also, we cannot be responsible for his actions (ie. whether he turns out to be honest or not).  We are not saying he is dishonest--- we don't know.  As always, proceed with caution!


Unfortunately not.

However, I have my reputation on the line if I am dishonest about this resale.

After receiving my IPO HVC from developers after launch, I will distribute them to buyers of my share immediately and fairly.


so you are saying he won't refund you the money?

Im just having a hard time figuring out why IPO holders wont immediately dump their position on the first exchange? 

What is the incentive to hold ... is the voting throughout the entire life of the coin?
sr. member
Activity: 338
Merit: 250
By doing so, another 10 BTC can be injected into the pool, and hence fairer distribution, without having to add more BTC value to the pot and diluting it further.

Will these sales update the distribution charts here?
http://heavycoin.github.io/ipo-calculator.html


confirmed: the "whale" has surfaced.  (Needs air I suppose.)

Important: A note to anyone considering purchasing from the whale.  The whale's funds will only be available after the launch.   We will not be doing the bookwork (nor genesis block changes) for whale's reselling.  Also, we cannot be responsible for his actions (ie. whether he turns out to be honest or not).  We are not saying he is dishonest--- we don't know.  As always, proceed with caution!


Unfortunately not.

However, I have my reputation on the line if I am dishonest about this resale.

After receiving my IPO HVC from developers after launch, I will distribute them to buyers of my share immediately and fairly.
hero member
Activity: 756
Merit: 502
By doing so, another 10 BTC can be injected into the pool, and hence fairer distribution, without having to add more BTC value to the pot and diluting it further.

Will these sales update the distribution charts here?
http://heavycoin.github.io/ipo-calculator.html
newbie
Activity: 40
Merit: 0
The voting on block rewards sounds very innovative - props to the dev's.

The way I understand it, IPO stakeholders with a majority % will have a vested interest in keeping block rewards low.
So they would be the most inclined to spend time/money farming CPU miners, purely to swing the vote in their favor.
They'd protect their IPO investment by contributing to limiting coins generated.

Whereas miners with no IPO stake would undoubtedly vote for higher block rewards to their benefit as late adopters.

Feel free to disagree  Tongue
I'm very curious to see how this turns out and so am on board just for the ride.
sr. member
Activity: 421
Merit: 250
Hello,


Transaction ID :b28197ee7f317a7262e844fa63129ed18d0615ddb665e34cb3baa3c6de25865d
Amount Sent 4.0 BTC



Please confirm


Regards
sr. member
Activity: 338
Merit: 250
BUYING INTO THE IPO??? DON'T DILUTE THE POT FURTHER!!

I have a 20 BTC stake in this IPO, and would like to sell off 10 BTC.

The IPO total value is already almost 50 BTC. I would like to sell some of my IPO stake to reduce my risk. I believe it is still profitable up to a 75 BTC IPO Pool, and don't wish to see it increase by much more than 50 BTC.

If you're interested to buy a stake from me, please send BTC to 1DnqRRd5rB2pudB7kfo6yRxcUaqjEjwMcP.

Or PM me for more details. No additional charges.

Please PM me or Reply here with transaction details or proof after you have sent your BTCs.

Accepting up to 10 BTC. All additional BTC received will be refunded.

See updated list: https://blockchain.info/address/1DnqRRd5rB2pudB7kfo6yRxcUaqjEjwMcP

WHY am I doing this?

Because when I first invested, I calculated that it'd be profitable as long as the pot remains under 75 to 100 Bitcoins. I personally believe that if the pot remains at 50 BTC, IPO holders have a chance to make 2x or more profits. If it reaches 75 BTC, we might see 1.5x profit. However, as we're now almost at 50, I want to reduce my risk by half, and hence selling 10 BTC worth of shares.

By doing so, another 10 BTC can be injected into the pool, and hence fairer distribution, without having to add more BTC value to the pot and diluting it further.
full member
Activity: 210
Merit: 100
HI there

I am interested in launching a pool from day 0 of public mining of Heavycoin.

I am ready to start testing .

Waiting for your reply.

Sent you a PM. thanks
member
Activity: 70
Merit: 10
HI there

I am interested in launching a pool from day 0 of public mining of Heavycoin.

I am ready to start testing .

Waiting for your reply.
newbie
Activity: 40
Merit: 0
A question from a mining noob...
Come launch, what CPU is recommended for mining? Is there a favoured brand/model that gives best bang for your buck w/ CPU mining?
sr. member
Activity: 338
Merit: 250
I think a great exchange for us would be www.mintpal.com , I believe the person to contact is Mintpal Jay.

It's a really nice looking exchange.  Anyone have experience using them?

I've been using it since day 1. No problems at all and I love it!

Get on Freenode #mintpal to contact one of the admins, they're very responsive and friendly =)
full member
Activity: 210
Merit: 100
I think a great exchange for us would be www.mintpal.com , I believe the person to contact is Mintpal Jay.

It's a really nice looking exchange.  Anyone have experience using them?
sr. member
Activity: 338
Merit: 250
The IPO total value is already almost 50 BTC. I would like to sell some of my IPO stake to reduce my risk. I believe it is still profitable up to a 75 BTC IPO Pool, and don't wish to see it increase by much more than 50 BTC.

I have a 20 BTC stake, and would like to sell off 10 BTC.

If you're interested to buy a stake from me, PM me for details. No additional charges.

So you are the mystery whale. Do you have any proof of that? Huh

ask dev for proof

confirmed: the "whale" has surfaced.  (Needs air I suppose.)
Ok PM me your Adress BTC


For those interested, please send BTC to 1DnqRRd5rB2pudB7kfo6yRxcUaqjEjwMcP.

PM me or Reply here with transaction details or proof.

Accepting up to 10 BTC. All additional BTC received will be refunded.

See updated list: https://blockchain.info/address/1DnqRRd5rB2pudB7kfo6yRxcUaqjEjwMcP

Why would you do it though you?

Because when I first invested, I calculated that it'd be profitable as long as the pot remains under 75 to 100 Bitcoins. I personally believe that if the pot remains at 50 BTC, IPO holders have a chance to make 2x or more profits. If it reaches 75 BTC, we might see 1.5x profit. However, as we're now almost at 50, I want to reduce my risk by half, and hence selling 10 BTC worth of shares.

By doing so, another 10 BTC can be injected into the pool, and hence fairer distribution, without having to add more BTC value to the pot and diluting it further.
legendary
Activity: 1918
Merit: 1190
I think make pool for Heavycoin  .
You have libc for p2pool or stratum or any for check validity hash with your algo ?
I can not make pool or P2pool without code for check hash or full spécification algo .

Thanks,
sr. member
Activity: 364
Merit: 250
For those interested, please send BTC to 1DnqRRd5rB2pudB7kfo6yRxcUaqjEjwMcP.

PM me or Reply here with transaction details or proof.

Accepting up to 10 BTC. All additional BTC received will be refunded.

See updated list: https://blockchain.info/address/1DnqRRd5rB2pudB7kfo6yRxcUaqjEjwMcP

Important: A note to anyone considering purchasing from the whale.  The whale's funds will only be available after the launch.   We will not be doing the bookwork (nor genesis block changes) for whale's reselling.  Also, we cannot be responsible for his actions (ie. whether he turns out to be honest or not).  We are not saying he is dishonest--- we don't know.  As always, proceed with caution!
oh i can't payment if don't trust . sorry i don't buy
full member
Activity: 210
Merit: 100
Started a blog recently and talked about HeavyCoin briefly Smiley. http://cryptojournal.blogspot.sg/2014/02/interesting-alt-coins-1.html

I'll definitely put some BTC before the IPO, just need some BTC first heh Smiley.

looks good.  1,000 HVC bounty for you.
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