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Topic: [PRO] PAYPROCOIN - page 76. (Read 138199 times)

sr. member
Activity: 294
Merit: 250
June 18, 2014, 11:41:49 PM
In 3 months time more than 1% would have been mined and I dare say at somepoint in the year the premine accounts will no longer be at the top of the list.

In 3 months time, won't the (non-premined) mined coins be closer to 30 million, and it will instead take 8-9 months to mine 80 million coins and so match the premine? The mining rate was very quick at the beginning (with around 3 million coins mined in the first 3 hours), but that was due to the slow retargetting process which has now settled down. Now it is 288,000 coins per day, or 8-9 million coins per month.


I hadn't done the maths tbh (was the end of another 18 hour day).
It's obvious that 3 month / 6 months / 9 months.... doesn't alter the point I was making.

Darren
sr. member
Activity: 378
Merit: 250
June 18, 2014, 07:13:55 PM
In 3 months time more than 1% would have been mined and I dare say at somepoint in the year the premine accounts will no longer be at the top of the list.

In 3 months time, won't the (non-premined) mined coins be closer to 30 million, and it will instead take 8-9 months to mine 80 million coins and so match the premine? The mining rate was very quick at the beginning (with around 3 million coins mined in the first 3 hours), but that was due to the slow retargetting process which has now settled down. Now it is 288,000 coins per day, or 8-9 million coins per month.
hero member
Activity: 635
Merit: 500
June 18, 2014, 06:21:18 PM
You forgot to mention your paying for 3 developers aswell   Wink

Thanks for the correction  Grin
But they aren't cheep  Wink

I can imagine mate. I hope it is a great success  Smiley
sr. member
Activity: 294
Merit: 250
June 18, 2014, 06:14:51 PM
You forgot to mention your paying for 3 developers aswell   Wink

Thanks for the correction  Grin
But they aren't cheep  Wink
hero member
Activity: 635
Merit: 500
June 18, 2014, 06:06:32 PM
You forgot to mention your paying for 3 developers aswell   Wink
sr. member
Activity: 294
Merit: 250
June 18, 2014, 04:24:39 PM
I am trying to choose my words carefully - .......

For a moment, place yourself in the shoes of an investor on the other side of the fence and take a look at the rich list. What thoughts would have gone through your mind?

I've got to disagree.

It was made clear from day one there was a 1% premine and there was to be 8 Billion coins available full cycle.
As an investor you must have read that. It wasn't hidden and is clear to read from the top of this thread.

In 3 months time more than 1% would have been mined and I dare say at somepoint in the year the premine accounts will no longer be at the top of the list.

Also. One of the top accounts is restricted to funding projects set out in our mandate over the future.
Another will be used to keep the coin operating in the future.

I would also like to point out that I have to pay hard cash every month for

  • 5 Servers and growing
  • 3 Developers
  • Admin Staff
  • Contract Designers
  • Office Space
  • Advertising Budget
  • Telephone + Broadband Services
  • Bounties

To name just a few expenses which I am currently funding from my own pocket but will need to be paid for the lifetime of this coin ... ie forever.

We have been transparent from the start and will continue to be so.
The newly launched coin is in good shape and anyone buying in at the current rate is in my opinion is getting a very, very good bargain.

Kind Regards
Darren Palmer

hero member
Activity: 826
Merit: 1000
June 18, 2014, 03:38:12 PM
Where is new exchange?
It has been longer than 6-7 hours already

https://www.coinader.com/?cur=PRO&ccur=BTC
member
Activity: 63
Merit: 10
June 18, 2014, 03:33:08 PM
Things take time to take off but i think you need a big exchange...try bittrex offer bounties get us somewhere DEV
legendary
Activity: 1638
Merit: 1013
June 18, 2014, 01:24:13 PM
Dev can you please make us a rich list, again for transparency purposes? We can then see how many coins are in the different addresses, as well as track the movement of the large accounts. It is a very reasonable request and is one of the important building blocks for trust.

Rich list and much more is available at explorer.payprocoin.com

Excellent. Thanks dev.
sr. member
Activity: 294
Merit: 250
June 18, 2014, 01:22:28 PM
Dev can you please make us a rich list, again for transparency purposes? We can then see how many coins are in the different addresses, as well as track the movement of the large accounts. It is a very reasonable request and is one of the important building blocks for trust.

Rich list and much more is available at explorer.payprocoin.com
legendary
Activity: 1638
Merit: 1013
June 18, 2014, 01:21:04 PM
Dev can you please make us a rich list, again for transparency purposes? We can then see how many coins are in the different addresses, as well as track the movement of the large accounts. It is a very reasonable request and is one of the important building blocks for trust.
legendary
Activity: 1638
Merit: 1013
June 18, 2014, 09:08:08 AM
BLOCK EXPLORER IS OUT: http://explorer.payprocoin.com

Great. Dev what is the current money supply in circulation for transparency purposes?

Totally supply of coins is 4,117,000 ATM according to the block explorer Smiley

You need to take the "Total Coins" where is also summed the pre mined coins. so you always need to subtract 80M to the total coins in the explorer so you can have the net number of mined coins.

Ok thanks.
full member
Activity: 126
Merit: 100
BitCoin, webdesign and coding.
June 18, 2014, 08:42:12 AM
BLOCK EXPLORER IS OUT: http://explorer.payprocoin.com

Great. Dev what is the current money supply in circulation for transparency purposes?

Totally supply of coins is 4,117,000 ATM according to the block explorer Smiley

You need to take the "Total Coins" where is also summed the pre mined coins. so you always need to subtract 80M to the total coins in the explorer so you can have the net number of mined coins.
hero member
Activity: 725
Merit: 500
June 18, 2014, 08:00:40 AM



FREE 0% PayPro (PRO) mining pool is hashing away quite happily at iSpace Mining Pools

http://ispace.co.uk/coindetails/?coin=pro


If you need more mining power then check out http://www.miningrigrentals.com/register?ref=1928


Smiley


legendary
Activity: 1638
Merit: 1013
June 18, 2014, 03:56:54 AM
BLOCK EXPLORER IS OUT: http://explorer.payprocoin.com

Great. Dev what is the current money supply in circulation for transparency purposes?
sr. member
Activity: 294
Merit: 250
June 18, 2014, 03:31:14 AM
BLOCK EXPLORER IS OUT: http://explorer.payprocoin.com
newbie
Activity: 4
Merit: 0
June 17, 2014, 07:30:16 PM
[P2Pool] [PPLNS] [USA/CA] [No Registration]

New PayProCoin P2Pool node!

Server stats: http://inetrader.com:8765/static/
Point miners to: -o stratum+tcp://inetrader.com:8765 -u PayProCoinAddress -p anything
sr. member
Activity: 560
Merit: 252
BitcoinerX.com - PM for Ad Info
June 17, 2014, 04:17:49 PM
WTS: 6000 PRO. Don't want to sell but have to. Will use escrow. Will consider all fair and serious offers.
legendary
Activity: 1736
Merit: 1000
Admin of CoinMiners Pools
June 17, 2014, 03:09:39 PM
Coinminers NOMP Pool

PAYPRO COIN NOMP Pool Hosted in US

http://coin-miners.info:8080/getting_started
No  registration needed
If you have problem with our pool join us on Freenode channel and tell us.

URL (difficulty Vardiff):   stratum+tcp://coin-miners.info:3938
Username: your PAYPRO COIN wallet address
Password: anything

bfgminer  -o stratum+tcp://coin-miners.info:3938 -u your PAYPRO COIN wallet address -p anything
Payments:
1% fee for the server cost.
Note:Payments every 60 sec after the coins get confirmed. Minimum payment 1 PRO

You can check the total blocks found at http://coin-miners.info:8080/tbs under the PAYPROCOIN Total Blocks column and the block confirmed under the PAYPROCOIN Confirmed column



Come on guys we need more miners here
191 BLOCKS FOUND
hero member
Activity: 504
Merit: 500
June 17, 2014, 03:03:22 PM
@CryptoSkills

I would need to throw $2500 at Mintpal to be close to top of board which would start a voting war with top 3-5 which would result in me throwing probably another $1 - 2,000 only still not to be guaranteed entry.

The only winner there would be Mintpal and I am not prepared to throw several thousands of dollars at an exchange so that a few greedy people can make a few dollars.

As we stated on the ICO - this is a long term, future coin.
If you want to make some real money then stay for the journey!

Kind Regards
Darren Palmer
CEO


MintPal is the worst exchange there is for a coin.  Don't EVER pay them for a listing.  Their voting system is a scam anyway.

Make the leeches (admins) at MintPal want the coin...then DON'T let them have it.



Open to suggestions?

I would concentrate on bittrex first. They are gaining acceptance and market share. Their interface has improved 10 fold. The others will follow.

I agree, focus on getting Bittrex first, Mintpal is useless don't even waste your time.
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