Re: Coin2.0 [C2.0] - The forward thinking POS altcoin with a plan.
Hey guys, the max coins is 60,000,000, but in my wallet info says moneysupply 60458813. How does it work?
This coin is proof of stake, the longer they sit in your wallet the more coins you have. 60 mil is the amount that were started out with but everyones coins do this. 458,813 is the total of coins that have been generated with stake so far. Think of it like a savings account and your gaining interest on the amount your holding.
I have a question:
As we knew, the total mount of old C2 is 50 mil. But now, the new c2 has 60 mil in total.
as i understand what you said, KingArbinV, the surplus 1 mil is not used for the interests.
but where is the surplus 10 mil, and what will the surplus be used for?
can the c2 team make this clear please?
if we want to make a long run for C2.0, the transparency is necessary first.
Joel explained this a bunch of pages back, also we have been paying people to help with the fps, and also hired a 3D modeler off of Odesk, I know for a fact thats where some of it has gone, but that was recent, last 2 weeks. Here is the quote of joels post:
Quote
Here is a breakdown.
There was a total of 60 million coins
Total Pay Out:
Bter -32,683,224.91c2
Bittrex -13,250,001c2
Poloniex-2,012,539.89c2
Xnigma -33,237.479433c2
Coin2 board members and FPS game devs for all that they do - 1,500,000c2
Mac wallet - 500
Latecomers - 4,659,145.8c2
Total In My Wallet Right Now= 5,861,350.8.831
Future Payouts that are coming
Hashcows - 75,000c2
Coin2j dev - 100,000c2
Android wallet dev- 100,000c2
Point of Sale embedded Linux software - 750,000c2
Various other things that will be needed -1,000,000c2
So , Total of my wallet ~3 months-3,836,350.8.831
Actual Money spent so far on Coin2
Website Server - $20/month
Pool Server - $20 month
Mining Contract for transition -$200
Help with coding during transition -$200
Money made so far -$~600
Thats $600 dollars out of my pocket.
Now if you look here http://wiki.hobonickels.info/index.php?title=Proof_of_Stake you will see that if someone were to buy 51% of Coin2, they could (very unlikely) attack the network. So I have to keep a decent amount in my own wallet to BE SURE this will never happen.
In all fairness, you had a good question. But, please remember. I sent this to 1,000 people and kept 2.5% for myself. If I was going to sell out, I would have done so on the day it hit BTer.com. I have (2) decent jobs in the real world and I made a good bit on BTC late last year when it spiked to $1200. My house is almost paid off, and I enjoy my life. Im not going to sell. In a perfect world, I would hope value of C2 rises to ~$10. Then I could use the C2 in my wallet as collateral for a business loan to push Coin2 to the next level, wherever that may be. This coin is my creation, passion and obsession. I wouldnt sell my baby for fiat. My baby(coin2) will be the new fiat soon enough. And if I were to sell out now, I will have to live with the fact that I sold all mine for nothing. You should feel that way to as well as the rest of the community. So any questions just ask. Thank you
There was a total of 60 million coins
Total Pay Out:
Bter -32,683,224.91c2
Bittrex -13,250,001c2
Poloniex-2,012,539.89c2
Xnigma -33,237.479433c2
Coin2 board members and FPS game devs for all that they do - 1,500,000c2
Mac wallet - 500
Latecomers - 4,659,145.8c2
Total In My Wallet Right Now= 5,861,350.8.831
Future Payouts that are coming
Hashcows - 75,000c2
Coin2j dev - 100,000c2
Android wallet dev- 100,000c2
Point of Sale embedded Linux software - 750,000c2
Various other things that will be needed -1,000,000c2
So , Total of my wallet ~3 months-3,836,350.8.831
Actual Money spent so far on Coin2
Website Server - $20/month
Pool Server - $20 month
Mining Contract for transition -$200
Help with coding during transition -$200
Money made so far -$~600
Thats $600 dollars out of my pocket.
Now if you look here http://wiki.hobonickels.info/index.php?title=Proof_of_Stake you will see that if someone were to buy 51% of Coin2, they could (very unlikely) attack the network. So I have to keep a decent amount in my own wallet to BE SURE this will never happen.
In all fairness, you had a good question. But, please remember. I sent this to 1,000 people and kept 2.5% for myself. If I was going to sell out, I would have done so on the day it hit BTer.com. I have (2) decent jobs in the real world and I made a good bit on BTC late last year when it spiked to $1200. My house is almost paid off, and I enjoy my life. Im not going to sell. In a perfect world, I would hope value of C2 rises to ~$10. Then I could use the C2 in my wallet as collateral for a business loan to push Coin2 to the next level, wherever that may be. This coin is my creation, passion and obsession. I wouldnt sell my baby for fiat. My baby(coin2) will be the new fiat soon enough. And if I were to sell out now, I will have to live with the fact that I sold all mine for nothing. You should feel that way to as well as the rest of the community. So any questions just ask. Thank you
Hope this clears up for you. Also since you think its such a scam I will buy you out, how many you got?
So damn impatient, you want a scam go to comm coin, they cloned us, used to say so right on their OP. Don't compare the original to the dump coin. We have an actual hard working team here.The only thing I asked for Joel and your team is that:
Does Joel have courage to send the surplus 10 mil C2 to a public address that can be supervised by all the C2 community?
The transparency of C2.0 needs the exact proofs, rather than the one-side words said by Joel and your team.