Quote from: Fuserleer on November 19, 2013, 10:32:42 PM

Quote from: skull88 on November 19, 2013, 10:16:31 PM

Quote from: nanonano on November 19, 2013, 07:34:48 PM

Quote from: JohnyBigs on November 19, 2013, 07:59:52 AM

Ripple lols no, I'll give you the name so you can keep a look out for it on the alt currency thread, or even stop by to the site.

eMunie, you can join the people and get involved at forum.emunie.com

So, It's closed source. The white paper was already "coming soon" in June. Explanations of how e.g. distribution or verifier trust works on the forum are both complex and hand-wavy at the same time. Some examples of that:

Quote

[Trust calculation] Currently works on transaction volume & emu volume with an average transaction processing performance over time. Ping ponging transactions between controlled clients/hatchers is detected by Stochastic and Markov models that are using in AI application to spot seeming random patterns

Quote

new eMu is created in the system due to a direct demand signal from the system. That demand signal is generated by the p2p exchange when someone wants to acquire eMu but there are not enough sellers available within a determined spread (~10%) of the current system buy price to honor the deal. At this point the system will create new supply and spread that around the system as per the system rules (hatching earnings)

Now, I'm sure you can find similarly vague posts about bitcoin on this forum. The difference is that intelligent people did not get enthusiastic about Bitcoin because of those messages, but because of A) Satoshis easy to understand yet complete whitepaper and possibly B) by looking at the source code.

So I'm curious, how exactly did you decide emunie is the real deal?

He decided that after buying lots of them: http://forum.emunie.com/index.php/topic/420-ann-emunie-pre-launch-sale-details-information-draft/
And probably got a beta invite to premine some too. Grin

closed source (for all we know it could be a fancy wallet stealer or full of security holes), selling coins upfront & trying to create a big buzz -> smells like a scam

Yeah lets hang around here for 6 months, and create something totally new just to scam you guys...seriously...if the goal was to scam I could of done that back in May with all the Alt Coin surge.

I guess instead of using common logic its just much easier to point fingers and form wild accusations.

You know what pisses me off the most....someone, me, is actually TRYING to create something different, doesn't matter if it succeeds or not, yet all people like you do is come out with pitchforks and burning me at the stake when really all it take is a bit of respect and a show of "I wont be participating, but good luck and points for trying!".

Is that so hard? And while we are at it what have you ever done other than wank over a picture of your ego along with the rest of them here?

Giving respect for someone trying to get rich on the back of others by giving them wrong information? If you wouldn't care if it succeeds or not, if you wouldn't do this just for the money, you would release the source code. Sunny also tries new things, spends a lot of his time on his coins, but he releases the source code from the beginning. The guy even refuses to accept donations, contrary to you who sells coins before the whole thing is even running.

If you would just try to make something different, you would have my respect just like I have respect for the devs that made the few legit alts out there.

Quote from: JohnyBigs on November 19, 2013, 07:36:52 AM

Because wait please explain to me the benefit of waiting 30 hours to make sure my order is confirmed instead of a few seconds using a credit card?

I ordered some food today and paid with BTC through bitpay, luckily it didn't take 30 hours, after 30min I had my food delivered at home.
1 confirmation takes +-10min Roll Eyes