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Showing 11 of 11 results by NateInSav
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Board Announcements (Altcoins)
Re: [ANN][XRY] Royalties | Cryptonote | Upto 15% Interest on Deposits
by
NateInSav
on 25/12/2017, 19:07:36 UTC
just wondering, I really want to buy some of this cryptocurrency, i am just not sure how!

Paccoin has methods on allowing you to buy a bulk amounts directly onto your paccoin wallet, will you be providing something similar? if not, please consider it because i am definitely interested in buying!

Also, the mac OS Wallet doesn't seem to work!

Cryptopia marketplace has XRY available in exchange for both LTC and DOGE:

https://www.cryptopia.co.nz/Exchange/?market=XRY_LTC
https://www.cryptopia.co.nz/Exchange/?market=XRY_DOGE

No experience with the Mac OS wallet, but the PC based wallet works well in Windows 10...

Merry Christmas!
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Board Announcements (Altcoins)
Re: [ANN][XRY] Royalties | Cryptonote | Upto 15% Interest on Deposits
by
NateInSav
on 18/12/2017, 05:45:50 UTC
You have chosen what is better way for you ,However there are many people who put their hard earned savings in to this by believing your words . Please work on this project and make your promises true .

I agree with what you have said here.

Things often pull us all in directions very different from where we WANT to go.  Most of us who have ever tried to develop something new - have found ourselves cash strapped and struggling just to survive.  It's amazing to me that the developer has been so honest with all of us about why the project has stalled.  It truly speak well of his character in my opinion.

I for one am THRILLED that Royalties Coin isn't a DEAD COIN.  SO the developer took a few months to deal with some personal financial issues... Let's not beat him up for it.  A person has to provide for their family first.

Truly thrilled to have the developer back on board!
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Board Announcements (Altcoins)
Re: [ANN][XRY] Royalties | Cryptonote | Upto 15% Interest on Deposits
by
NateInSav
on 18/12/2017, 05:34:11 UTC
I must apologize to you all and I need to explain my current status as a Royalties developed.. I have helped out since per-ico and per-launch.. I was not the only Dev but many of my ideas that I had personally developed from years of projects I worked on and never used on them went into Royalties.. So I had more then just a monetary interest in seeing Royalties succeed... However I was slowly becoming the only dev working on things.. The ICO funds went to getting us listed on the exchange, servers and early development (servers and other cost now come out of my pocket)... At the sometime that my work was becoming only a donation to the project.. this latest crypto boom happened.. being a dev in the space since 2012, experience with multiple code bases and many platforms puts me in a small group of ppl in this realm.. The offers started coming in bigger and bigger from teams needing help... seeing I could put my family into a better financial place I was unable to continue to turn some of these offers down.. I never meant to go radio silent on you all.. time just slipped away with my head deep in things..

While my role in Royalties has been placed on pause for the past few months.. I have not walked away from the project.. I have full intentions of completing all that I planned for Royalties.. it just will take a bit longer then we all thought at first..

Thank you all for you continued support!!

Welcome back!  It is great to hear that the Royalties Project developer has NOT abandoned this project!

I have a Degree in Computer Science.  Most of my experience has been in embedded microprocessor circuits, embedded systems software and engineering project management.  What code platform are you using to develop this project?  What can I do to help?

Again, welcome back to the project.  I love the brand image you have built.  The ideas and concepts of this coin are excellent.  The past is behind us - let's move forward from here!

What are your thoughts, plans and ideas for Royalties going forward?

Nate
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Board Announcements (Altcoins)
Re: [ANN][XRY] Royalties | Cryptonote | Upto 15% Interest on Deposits
by
NateInSav
on 16/12/2017, 05:40:28 UTC
Im holding the dumpers will cry later Grin Grin Grin

Holding? Doubled my bag...

At these prices - why not? Moon or bust...  Grin
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Board Announcements (Altcoins)
Re: [ANN][XRY] Royalties | Cryptonote | Upto 15% Interest on Deposits
by
NateInSav
on 06/12/2017, 00:40:33 UTC
I mined a few XRY a few weeks back with some positive hopes for the coin especially liking the high interest deposit feature. But I mine no more since there are really no more updates from the devs and the price is tanking. If others are of similar mind such as myself then there may not be any miners left to mine the chain. At the time when I was mining there were 4 pools and many more miners than there have been during the past week.
Whats the point of having a machine turned on and running when there is no-one left to use it? So as far as Im concerened the devs need not turn off the machine for the machine to be useless.. ie dead. My opinion. Take it or leave it.

All thats needed is for one of the devs to speak up, communicate, present an update or anything to feed the masses in order to get some interest and confidence going again. With out that we have, for all intents and purposes, a dead coin (or one rapidly dying of hunger)

"Whats the point of having a machine turned on and running when there is no-one left to use it?"

More FUD and comments without merit and BASIS.


Check out: http://xryexplorer.info/  It clearly shows that the coin IS being mined.  It also shows that transaction ARE being made.  If you were mining this coin and watched it fall the entire time - I feel for you.  Not a valid reason to FUD and take your aggression out on this coin now.

You are certainly entitled to your opinion.  Just as I am entitled to my opinion that this portion of your post is FUD.

"All thats needed is for one of the devs to speak up, communicate, present an update or anything to feed the masses in order to get some interest and confidence going again. With out that we have, for all intents and purposes, a dead coin (or one rapidly dying of hunger)"

I agree with you.  It would be great to hear from the developer.  But what if he can't speak for legal reason? Think court order...  Think corporate non disclosure agreement.  What if he won't speak because it is in his benefit not to.

I find it hard to believe that any developer would work so hard on a project, create a beautiful brand - a potential gold mine - and then just throw hands up and walk away from it.  Surely he had a stake in this project.  If he doesn't want the brand he created, then he needs to let us know here on the board and perhaps arrangements could be made to replace the dev team.  I see a lot of coins being sold on Cryptopia.  Perhaps the dev is cashing out - Perhaps the dev is cashing into the coin? who knows...  But someone is buying those coins. (I bought my fair share too...)  There are two outcomes on this for me - turn off the system and I know the game is over... (I still won't sell the coins I have :-P)  Or those strong enough to see this through stand to gain significantly. Win or lose - I knew these were the outcomes going in.  One thing will not happen for me - I am not selling a single coin for less than I paid for them (which wasn't much).  I will either have a win or write off.

On mining issues - I too mine.  At the current coin price and reward structure - this coin is not worth my mining efforts. (It won't come close to paying what mining other coins pay.)  The dev needs to think about how this issue is going to be addressed long term.  Is the foundation paying for mining or going to increase the reward to make it mineable? (I suspect they are mining it themselves or paying someone to directly mine it for them at this point.)  If they are going to make it mineable - the mining rewards should at least be comparable to XMR (Monero).  I'd mine the coin if it were economically feasible to do so.  I'd mine the coin to help out short term if in a pinch and needing help.

So Dev - given the above what's it going to be...  I've called and raised...  Let's see what you are made of.
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Board Announcements (Altcoins)
Re: [ANN][XRY] Royalties | Cryptonote | Upto 15% Interest on Deposits
by
NateInSav
on 04/12/2017, 22:29:52 UTC
So here are the math FACTS on Royalties Coin:

From https://bitcointalk.org/index.php?topic=1866394.msg19944896#msg19944896

"The ICO amount is 18,446,744,073 I will be setting 73 Royalties aside, when doing the math of what everyone gets. This will be used for the transaction fees to mix and send out ICO funds, as well as used to send messages to the ICO backers. So the total ICO amount is 18,446,744,000 for 15 BTC which means the ICO price was ~0.1 Satoshi."


So 15 BTC dived by 18,446,744,073 = 0.000000000813 BTC/XRY Initial Offering Price...   July 5, 2017 BTC was $2,601.99

15 BTC * 2,601.99 = $39,029.85 USD on July 5, 2017

Todays BTC price was: $11,530.00 when I wrote this.

In Today's BTC the ICO was:
15 BTC * 11,530 = $172,950 USD

(Seems like a reasonable ICO to me)

Today's XRY sales prices on the market was 0.00000001 to 0.00000002 BTC/XRY...

So today's market cap for ALL 18,446,744,073 coins is:

at 0.00000001 = 18,446,744,073 XRY * 0.00000001 BTC/XRY = 184.46744073 BTC or $2,126,909.59 USD
at 0.00000002 = 18,446,744,073 XRY * 0.00000002 BTC/XRY = 368.93488146 BTC or $4,253,819.18 USD

Given all that the developers have accomplished to date (software/system that works, listing on exchange and further software/concept development)...

Is that a low, fair or high valuation? (Answer for yourself.)

Draw your own conclusions from the math I have shared.  I am an investor - not an investment adviser.  I have come to my own conclusions.  You come to your own as well.

In my opinion, the ICO investors that are dumping coins for 10x-20x profits today will likely someday sincerely regret it!  I'll gladly take their spot on this train!

Dead coin? I think not - just some initial investor/investors jumping off the train...
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Board Announcements (Altcoins)
Re: [ANN][XRY] Royalties | Cryptonote | Upto 15% Interest on Deposits
by
NateInSav
on 04/12/2017, 18:59:51 UTC
This is NOT a dead coin until the Royalties development team says so.  Anyone who would come on this board and say otherwise is just spreading FUD about this coin.  It truly is not fair to those who invested.

I agree with everything else you said apart from this.  If the dev team has abandoned , then there will be a high chance of no "say so" that it has done such thing.

% of coins in deposit is dropping, so these must be some high balance long term wallet holder that has had their deposit unlock

On November 11 there was 99.1113% of coins in circulation that were locked
Current is 98.6284 locked.  
0.4829% drop


Current circulation is 18447941337 of coins in circulation



That means that 8,908,510 has unlocked and not been locked 9-mining reward

(im sure this morning when i checked it was still in the 99% range for locked coins in circulation)

There is a much higher sell potential right now than buy potential as there is no marketing or discussion on this chain to get people interested.
Now unlocked 253 millions coins... On exchange 117 millions... Only 3 BTC for 92 millions coin now!
With this real supply coin go to be dead on Cryptopia... Coin need another BIG exchange - like Poloniex or Bittrex.
P.S. 150 millions on exchange. Sudden death!

I agree additional exchanges would be a real asset for this coin.  It needs more exposure to potential buyers.  The number of coins on the exchange was down this am.  There were a lot of buyers at 2 sats and some at 1 sat.
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Board Announcements (Altcoins)
Re: [ANN][XRY] Royalties | Cryptonote | Upto 15% Interest on Deposits
by
NateInSav
on 04/12/2017, 18:52:49 UTC
This is NOT a dead coin until the Royalties development team says so.  Anyone who would come on this board and say otherwise is just spreading FUD about this coin.  It truly is not fair to those who invested.

Why hasn't Eric or someone else from the Royalties Development team come on here and given an update? No clue.  Perhaps they are in talks with a corporation that has made them sign an agreement which requires their silence.  Perhaps they are under a court order which requires their silence.  I don't have the answer to "why" they haven't updated the coin holders.

I can say this:
1. The wallet software is still functioning as it should. I have personally used it today.
2. The network is still hashing transactions without issues. Today was about two minutes for my transfer.  Check here to confirm: http://xryexplorer.info/
3. The hash power looks good - meaning it still has mining support.

SO PLEASE - don't FUD Royalties Coin unless you know for 100% FACT that it is dead.  It's not fair to those who invested in this project.

Until then - we wait to hear from the development team.
Maybe coin is death because its dump 800 to 1 satoshi & no new updates


Clearly someone is selling massive amounts of XRY.  We could sit around here and hypothesize about who and why they sold all day.  The only one who knows the true reason why - is the seller.  Personally, I saw it as a buying opportunity.  The Royalties brand and image is appealing.  The existing software and system works.  I think the coin has potential in spite of this recent price flop.

I'm not excusing the developers absence - for certain we would all like to hear from him, but really - why should the developer have to report to this or any other board? (other than his foundation board)

This coin appears to me to still be working as designed.  The equipment that runs the coin block chain is still powered on and executing transactions.

Check out this video from August: https://www.youtube.com/watch?v=mMlz6gtRCsM  In it the developer clearly says that he is going to focus on coding.  Anyone actually stopped to think that is what he is doing?

My only advice to the developer is this - if you say you are going to do weekly, biweekly or monthly updates.  Put it on a calendar and do it please.  Or just simply don't make promises...

When the power switches OFF - I will know that I need to write this one OFF...  Until then...
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Topic
Board Announcements (Altcoins)
Re: [ANN][XRY] Royalties | Cryptonote | Upto 15% Interest on Deposits
by
NateInSav
on 04/12/2017, 18:38:46 UTC
buying all of them at 1 sat  Grin
nice, and keep them as a memory, because noone buy them again. good luck buyers!

 Angry Huh Huh Huh Angry

MORE FUD

"no one will buy them again" - On what basis in reality is this statement made on?  I can answer that question for you - NONE.
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Topic
Board Announcements (Altcoins)
Re: [ANN][XRY] Royalties | Cryptonote | Upto 15% Interest on Deposits
by
NateInSav
on 04/12/2017, 18:30:31 UTC
This is NOT a dead coin until the Royalties development team says so.  Anyone who would come on this board and say otherwise is just spreading FUD about this coin.  It truly is not fair to those who invested.

I agree with everything else you said apart from this.  If the dev team has abandoned , then there will be a high chance of no "say so" that it has done such thing.

% of coins in deposit is dropping, so these must be some high balance long term wallet holder that has had their deposit unlock

On November 11 there was 99.1113% of coins in circulation that were locked
Current is 98.6284 locked.  
0.4829% drop


Current circulation is 18447941337 of coins in circulation



That means that 8,908,510 has unlocked and not been locked 9-mining reward

(im sure this morning when i checked it was still in the 99% range for locked coins in circulation)

There is a much higher sell potential right now than buy potential as there is no marketing or discussion on this chain to get people interested.

"FUD: noun
fear, uncertainty and doubt, usually evoked intentionally in order to put a competitor at a disadvantage."

IF Royalties Foundation was no longer active in the project - would not the core equipment that manages the network "switch off"?  Has this happened yet?  I find it perplexing that a request for no additional FUD - leads to more FUD.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XRY] Royalties | Cryptonote | Upto 15% Interest on Deposits
by
NateInSav
on 04/12/2017, 03:17:07 UTC
This is NOT a dead coin until the Royalties development team says so.  Anyone who would come on this board and say otherwise is just spreading FUD about this coin.  It truly is not fair to those who invested.

Why hasn't Eric or someone else from the Royalties Development team come on here and given an update? No clue.  Perhaps they are in talks with a corporation that has made them sign an agreement which requires their silence.  Perhaps they are under a court order which requires their silence.  I don't have the answer to "why" they haven't updated the coin holders.

I can say this:
1. The wallet software is still functioning as it should. I have personally used it today.
2. The network is still hashing transactions without issues. Today was about two minutes for my transfer.  Check here to confirm: http://xryexplorer.info/
3. The hash power looks good - meaning it still has mining support.

SO PLEASE - don't FUD Royalties Coin unless you know for 100% FACT that it is dead.  It's not fair to those who invested in this project.

Until then - we wait to hear from the development team.