VIRTUAL MINING COIN [VMC] | OUR MINED 410 PAYCOINS [XPY] IS ARRIVED!!! - page 74.

seek4dream

hero member

Activity: 966

Merit: 501

Quote from: sid7039 on May 06, 2014, 12:06:48 PM

I think dev should buy 'too low' priced VMC from exchange using BTC mined at cex.io. And should do it constantly.
Anybody agree?

Totally agree. dev should have a plan.

sid7039

full member

Activity: 221

Merit: 100

I think dev should buy 'too low' priced VMC from exchange using BTC mined at cex.io. And should do it constantly.
Anybody agree?

ifightformerkel

legendary

Activity: 1386

Merit: 1000

Quote from: ifightformerkel on May 06, 2014, 05:34:36 AM

Quote from: notsoshifty on May 05, 2014, 10:31:56 AM

Quote from: Mohabmw on May 05, 2014, 10:22:31 AM

Quote from: notsoshifty on May 05, 2014, 09:39:03 AM

No block halving/reduction? What limits total coin generation to 100 million? After 1 year won't it go above that?

No block halving, and yes, the limit 100 million, the last coin will generated about 1 year later.

What defines the limit as 100 million? The code suggests that it generates forever; no limit: (comments removed in code)

Code:

int64 static GetBlockValue(int nHeight, int64 nFees)
{
    int64 nSubsidy = 171.2 * COIN;
    if (nHeight == 1)
    {
        nSubsidy = 10000000 * COIN;
    }
    else if (nHeight > 1 )
    {
        nSubsidy = 171.2 * COIN;

    }

    return nSubsidy + nFees;
}

And if it does abruptly stop after 1 million, what incentive is there for miners to secure the network? Just fees? Or will it go PoS?

@ Dev, why you dont answer to this?

why you dont answer to this?

And why you still 3 days nothing post new here except the ipo?

I slowly think that this is a joke, that the dev has now idea how a coin work and how to manage them.
Maybe you can say a little bit more how you promote this coin and where it can go in the future?

We are on no voting lists, do you write a exchange to add this coin?

somogyipeti

hero member

Activity: 532

Merit: 500

Quote from: seek4dream on May 06, 2014, 09:31:41 AM

Quote from: somogyipeti on May 06, 2014, 07:46:23 AM

TO: @code, @seek4dream, @ifightformerkel

HI Guys!

Remind you that you need to send a signed message to Anon 136, from the address that you sent the BTC to him, releasing the funds to us.

You will need to check the TxID to identify the relevant sending address.

Thanks guys!

I did it just now.
I checked the TxID, found the sending address, and use that address to send a signed message.
Since its my first time doing so, not sure if it works.

Thank you!

seek4dream

hero member

Activity: 966

Merit: 501

Quote from: somogyipeti on May 06, 2014, 07:46:23 AM

TO: @code, @seek4dream, @ifightformerkel

HI Guys!

Remind you that you need to send a signed message to Anon 136, from the address that you sent the BTC to him, releasing the funds to us.

You will need to check the TxID to identify the relevant sending address.

Thanks guys!

I did it just now.
I checked the TxID, found the sending address, and use that address to send a signed message.
Since its my first time doing so, not sure if it works.

somogyipeti

hero member

Activity: 532

Merit: 500

TO: @code, @seek4dream, @ifightformerkel

HI Guys!

Remind you that you need to send a signed message to Anon 136, from the address that you sent the BTC to him, releasing the funds to us.

You will need to check the TxID to identify the relevant sending address.

Thanks guys!

dannyvjp

sr. member

Activity: 271

Merit: 250

Quote from: ifightformerkel on May 06, 2014, 06:31:45 AM

Quote from: dannyvjp on May 06, 2014, 06:16:23 AM

Quote from: somogyipeti on May 06, 2014, 04:53:01 AM

Quote from: richiela on May 06, 2014, 04:49:45 AM

Hey guys - got a bunch of requests, so here you go...

https://www.bittrex.com/Market/Index?MarketName=BTC-VMC

happy trading!

Thanks,
Richie

Thank you!

Cool

THNX, but i am holding the coins for now.

To the Moon.

4 days then btc will go up, we go with it!

why btc will go up? Huh

Welcome on earth XD chinese last day to trade/ban btc traders and banks

If no ban all go up, if ban finalley chinese gone, still go up

ifightformerkel

legendary

Activity: 1386

Merit: 1000

Quote from: dannyvjp on May 06, 2014, 06:16:23 AM

Quote from: somogyipeti on May 06, 2014, 04:53:01 AM

Quote from: richiela on May 06, 2014, 04:49:45 AM

Hey guys - got a bunch of requests, so here you go...

https://www.bittrex.com/Market/Index?MarketName=BTC-VMC

happy trading!

Thanks,
Richie

Thank you!

Cool

THNX, but i am holding the coins for now.

To the Moon.

4 days then btc will go up, we go with it!

why btc will go up? Huh

seek4dream

hero member

Activity: 966

Merit: 501

I tried depositing VMC to bittrex.
It is pretty fast, only took about 5 minutes and everything is done. Amazing.

dannyvjp

sr. member

Activity: 271

Merit: 250

Quote from: somogyipeti on May 06, 2014, 04:53:01 AM

Quote from: richiela on May 06, 2014, 04:49:45 AM

Hey guys - got a bunch of requests, so here you go...

https://www.bittrex.com/Market/Index?MarketName=BTC-VMC

happy trading!

Thanks,
Richie

Thank you!

Cool

THNX, but i am holding the coins for now.

To the Moon.

4 days then btc will go up, we go with it!

ifightformerkel

legendary

Activity: 1386

Merit: 1000

I have sent a request to coinmarketcap.
In the next 1-5 days we are there. Grin

ifightformerkel

legendary

Activity: 1386

Merit: 1000

Quote from: notsoshifty on May 05, 2014, 10:31:56 AM

Quote from: Mohabmw on May 05, 2014, 10:22:31 AM

Quote from: notsoshifty on May 05, 2014, 09:39:03 AM

No block halving/reduction? What limits total coin generation to 100 million? After 1 year won't it go above that?

No block halving, and yes, the limit 100 million, the last coin will generated about 1 year later.

What defines the limit as 100 million? The code suggests that it generates forever; no limit: (comments removed in code)

Code:

int64 static GetBlockValue(int nHeight, int64 nFees)
{
    int64 nSubsidy = 171.2 * COIN;
    if (nHeight == 1)
    {
        nSubsidy = 10000000 * COIN;
    }
    else if (nHeight > 1 )
    {
        nSubsidy = 171.2 * COIN;

    }

    return nSubsidy + nFees;
}

And if it does abruptly stop after 1 million, what incentive is there for miners to secure the network? Just fees? Or will it go PoS?

@ Dev, why you dont answer to this?

somogyipeti

hero member

Activity: 532

Merit: 500