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Showing 20 of 378 results by Penn.3D
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Re: [ANN] [START] StartCOIN 2.0 - The digital currency for crowdfunding
by
Penn.3D
on 08/08/2015, 19:08:22 UTC
That, ladies and gents, means the bottom has officially been reached  Grin
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Board Announcements (Altcoins)
Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace
by
Penn.3D
on 07/08/2015, 01:48:22 UTC
What's the stakerate everybody?

The stake rate is 1% annual interest. If you don't sell your stake for a year the compound interest equates to 1.01005% a year.

Feel free to check my math. http://www.wikihow.com/Calculate-Compound-Interest

Thank you. I did transfer some coins to another address, since they were locked. I suppose the year will start from the moment i transferred them or is the official date (4 months ago) used?

There is no "start date." You figure out what you would get in a year and divide that by 365 and that's how many coins you will get per day.
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Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace
by
Penn.3D
on 06/08/2015, 14:49:55 UTC
I have bought gradually about 2 million bitbay.  Will it help bay if I staked them?  I am a little wary about wallets now days.  But I like where this coin is going.
Also thank you for the Slack invite.

Actually in an upcoming update you will be able to stake in the markets wallet which will allow you to stake from 2 locations. Security on a whole new level. And yes please stake. The rewards will probably be higher because there is less people staking. So its a huge bonus for people who have less coins, they will get a higher probability of finding blocks i think.

When i was testing the multisig staking i was shocked by how many blocks i was finding. Its one feature im very eager to get done.

And its good to be wary. People are not taking their financial security in bitcoin seriously enough. Most coins including bitcoin are very volative and people should always chose decentralized options over centralized ones. There is nothing in the markets wallet that relies on servers, nothing relies on anything but your own computer/node. Pure p2p.


We will be able to hold coins in Bittrex's wallet and stake at the same time? I've never heard of that before! Is that a first for crypto?
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Re: [ANN] iBITS - Internet Currency - Blockchain Registry & Attestation
by
Penn.3D
on 06/08/2015, 14:40:54 UTC
I don't normally do this but I just bought .7 btc worth of ibits at 350 sat. If this coin even gets back to a FRACTION of what it was worth just a few days ago, anyone who buys now will make an absolute killing! Plus from what I can tell the devs seem sincere and competant so LET'S DO THIS Grin
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Re: [ANN] SMAC - Social Media Advertising, Market Live on Bittrex!
by
Penn.3D
on 03/08/2015, 14:59:51 UTC
I tried tweeting to all the team members.  The only person who responded was Boxxa and he told me that his involvement ended after the first few weeks once the main development work was done.  He doesn't know what has happened since with the other team members.  I didn't see this mentioned anywhere on this forum (I suppose I could have missed it) - would have been nice to know this earlier.  Perhaps this was a deliberate attempt by the remaining team members to hide this rather important information - if Boxxa was the main person doing the development work then it seems rather short sighted to let him go without replacing him since so much still needed to be done - (e.g. marketplace etc.).

Also Penn, Dadon and everyone else, I can't see how this can be saved either.  We'd need someone with sufficient programming/coding ability and some sort of plan for what to do as a substitute for the social media advertising aspects (which is obviously under the control of the dev team).

That is a cop-out by Boxxa big time. He was one of the main devs and spokesperson's for this coin. Whatever.....no point in continuing to complain. Might as well suck it up and move on and take this as a very painful learning experience (kind of like my ex wife  Cry)
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Re: [AMBER] X13 POW/POS| 10k AMBER=0,01% SHARES | BUY, HOLD & GET DIVIDENDS in BTC/$
by
Penn.3D
on 02/08/2015, 14:22:08 UTC
I couldnt understand who is selling at 14600 at ccex if he waits a day he can sell easily over 16k with round 5

Penn3d care to answer this? Your amber count and wallet reflect you've dumped 40k last few days...

Sure, it's called I needed funds to invest in other projects (getgems to be specific). It's not dumping if I simply sell some of my shares.

I actually put some money into Ambercoin with the intent on selling later at a higher rate because it's pretty much one of the only coins that is guaranteed to go up over time.

I can assure you most of the shares that you see in my wallet currently are not going anywhere.
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Re: [ANN] SMAC - Social Media Advertising, Market Live on Bittrex!
by
Penn.3D
on 02/08/2015, 04:18:21 UTC
dadon, you are a good guy and like me you lost a lot of money with this. Soul_eater, I am merely a dude with some money to invest so I would have no idea whatsoever what to do with this coin. Obviously, if someone can take it over and make it work, I am all for it. But until that day, I'm afraid I am going to assume this coin is dead.

I would say Devs go FUCK YOURSELVES, but the problem is they will almost never come on here to read what we are writing so I might as well save my breath.

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Re: [AMBER] X13 POW/POS| 10k AMBER=0,01% SHARES | BUY, HOLD & GET DIVIDENDS in BTC/$
by
Penn.3D
on 31/07/2015, 15:18:07 UTC
(I am re-posting this so that it doesn't get buried at the bottom of the previous page)

Let's take a look at the evidence and decide what the realistic chances are that Ambercoin is a scam:

To me one of the strongest pieces of evidence showing that Amber Trade is a real company is that they actually rented a booth at the XIII International Baltic Jewelry Show:

http://ambertrip.com/en/list-of-exhibitors

At that event, several people took pictures showing their real faces:



On top of real people showing their real faces, we also know the following:

The companies director is:
Ms. Olga OVERCHUK, Date of Birth: 23/05/1986, UKRAINIAN
Registered address is: 1 WORLD TRADE CENTRE, TOWER 42, 25 OLD BROAD STREET, LONDON, ENGLAND, UNITED KINGDOM EC2N 1HQ

And of course, all of this can be verified by visiting the London office.

You will notice, at the XIII International Jewelry Show there were many "props" (for lack of a better word) such as the large banner in the foreground as well as the other white banner in the background:




And there were numerous brochures that clearly feature the Amber Trade logo on the table (also notice the yellow/green brochures in the pic above in the bottom left corner of the table that clearly have the Amber Trade logo) and even the small white flag:





Now of course, a scam MIGHT go to all this trouble, but a. why would real people be willing to show their faces and why would they go to the trouble to put tiny details in such as the banners, numerous different kinds of brochures, flags, name tags, etc. and then not even mention any of those things on here? In fact, they are barely noticeable and if I didn't point it out no one would have even noticed. So why go to such trouble to make fake brochures and then not even point them out to us crypto-investors if indeed they were intent on scamming us?

If this is a scam, they also paid to have orange vests and bags made and again they didn't mention it on here and no one would have even noticed if I were not pointing it out right now:



They also paid good money to have their van painted with Amber-Trade Logo, and again, it only shows up in one picture that no one would have noticed unless I pointed it out here (couldn't get this image to post so click the link):

http://amber-trade.com/wp-content/uploads/2015/05/DSCF4650_1.jpg

We know that they have a real office in London because you can Google the building and see that sure enough they do have an office:

http://www.datalog.co.uk/browse/detail.php/CompanyNumber/09246220/CompanyName/AMBER+TRADE+LTD

Now you might say, sure if this is a scam they could rent an office in London (albeit a VERY expensive one no doubt...here is the building they are in: http://www.tower42.com/) but why in the world would they then go and open an office in Lithuania as well? Isn't that going a bit overboard if this is a scam?

For anyone wondering if the Lithuanian office is real:

http://amber-trade.com/news-en/new2/

https://bitcointalk.org/index.php?topic=944408.msg10693219#msg10693219

And of course anyone in London or Lithuania can simply go visit either of those offices and report back here what they found. What scammers would be willing to open themselves up to such potential scrutiny?

So the point is, yes this might be a scam but it is highly HIGHLY doubtful.
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Re: [AMBER] X13 POW/POS| 10k AMBER=0,01% SHARES | BUY, HOLD & GET DIVIDENDS in BTC/$
by
Penn.3D
on 31/07/2015, 14:20:06 UTC
Let's take a look at the evidence and decide what the realistic chances are that Ambercoin is a scam:

To me one of the strongest pieces of evidence showing that Amber Trade is a real company is that they actually rented a booth at the XIII International Baltic Jewelry Show:

http://ambertrip.com/en/list-of-exhibitors

At that event, several people took pictures showing their real faces:



On top of real people showing their real faces, we also know the following:

The companies director is:
Ms. Olga OVERCHUK, Date of Birth: 23/05/1986, UKRAINIAN
Registered address is: 1 WORLD TRADE CENTRE, TOWER 42, 25 OLD BROAD STREET, LONDON, ENGLAND, UNITED KINGDOM EC2N 1HQ

And of course, all of this can be verified by visiting the London office.

You will notice, at the XIII International Jewelry Show there were many "props" (for lack of a better word) such as the large banner in the foreground as well as the other white banner in the background:




And there were numerous brochures that clearly feature the Amber Trade logo on the table (also notice the yellow/green brochures in the pic above in the bottom left corner of the table that clearly have the Amber Trade logo) and even the small white flag:





Now of course, a scam MIGHT go to all this trouble, but a. why would real people be willing to show their faces and why would they go to the trouble to put tiny details in such as the banners, numerous different kinds of brochures, flags, name tags, etc. and then not even mention any of those things on here? In fact, they are barely noticeable and if I didn't point it out no one would have even noticed. So why go to such trouble to make fake brochures and then not even point them out to us crypto-investors if indeed they were intent on scamming us?

If this is a scam, they also paid to have orange vests and bags made and again they didn't mention it on here and no one would have even noticed if I were not pointing it out right now:



They also paid good money to have their van painted with Amber-Trade Logo, and again, it only shows up in one picture that no one would have noticed unless I pointed it out here (couldn't get this image to post so click the link):

http://amber-trade.com/wp-content/uploads/2015/05/DSCF4650_1.jpg

We know that they have a real office in London because you can Google the building and see that sure enough they do have an office:

http://www.datalog.co.uk/browse/detail.php/CompanyNumber/09246220/CompanyName/AMBER+TRADE+LTD

Now you might say, sure if this is a scam they could rent an office in London (albeit a VERY expensive one no doubt...here is the building they are in: http://www.tower42.com/) but why in the world would they then go and open an office in Lithuania as well? Isn't that going a bit overboard if this is a scam?

For anyone wondering if the Lithuanian office is real:

http://amber-trade.com/news-en/new2/

https://bitcointalk.org/index.php?topic=944408.msg10693219#msg10693219

And of course anyone in London or Lithuania can simply go visit either of those offices and report back here what they found. What scammers would be willing to open themselves up to such potential scrutiny?

So the point is, yes this might be a scam but it is highly HIGHLY doubtful.
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Re: [ANN][CHIP] ChipCoin - X11 PoW - Phase 2 - Yobit/EmpoEX - Join Us!
by
Penn.3D
on 31/07/2015, 01:37:51 UTC
are exchanges like Yobit the only way to get chip right now?
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Re: [AMBER] X13 POW/POS| 10k AMBER=0,01% SHARES | BUY, HOLD & GET DIVIDENDS in BTC/$
by
Penn.3D
on 30/07/2015, 14:53:05 UTC
Well I've been in for 15k AMBER for the last few weeks.  I remain to see whether once all final company owned shares are sold there's a dump in a few months and I joined at just the wrong time but I'll remain optimistic now for and hope to get at least one quarter of dividends out.

One thing I wanted to check is whether anybody else had got AMBER working on a testnet or if there isn't one working with this coin?  I've had some issues and for a project I'm currently working on don't want to burn real AMBER unless I have to.

All company shares will not be sold as Ambercoin as the company is planning on having a traditional IPO and issuing traditional stocks in the future. Even still, the fact that the numbers of coins for each round are decreasing at the same time that the price for each round is increasing means you won't see all Ambercoins sell out for a long long time.

As far as dumping, as long as profits each quarter continue to increase along with a steady rise in the price of the coin why in the world would anyone dump?
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Re: [ANN] SMAC - Social Media Advertising, Market Live on Bittrex!
by
Penn.3D
on 30/07/2015, 04:08:44 UTC
With all the financial and moral support that we all gave them, the least they could have done was to come on here and by honest with us. The fact that they just disappeared is absolutely disgusting. I'm sorry to everyone that lost money with this piece of shit.

See you guys on other coins hopefully (check out Ambercoin, btw.....it's an international Amber mining/trading company based in London that is using the blockchain as company shares. THAT is a solid investment!.....thank me later Wink).

Ok, that's all I have to say. Wish I could SMAC those fuckers around for doing this to us.....

Actually I need to SMAC myself for investing so much in this. God DAMN I am naive!  Embarrassed

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Re: [AMBER] X13 POW/POS| 10k AMBER=0,01% SHARES | BUY, HOLD & GET DIVIDENDS in BTC/$
by
Penn.3D
on 29/07/2015, 12:14:08 UTC
At this point it doesn't even make sense to join another exchange.  This is a buy and hold coin.  It is the big boys loss to not have it.  Word of mouth is spreading on this coin and soon enough rounds will fly off the exchanges.  I can already see an increase in speed from a couple months ago. New rounds don't stick around for long.


Totally agree with you. There is no benefit to anyone for Ambercoin to be added to more exchanges, and in fact as far as I can tell, it would be more of a pain for Ambercoindev to have to send coins to 5 different exchanges everytime coins sell out.
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Re: [AMBER] X13 POW/POS| 10k AMBER=0,01% SHARES | BUY, HOLD & GET DIVIDENDS in BTC/$
by
Penn.3D
on 29/07/2015, 00:51:17 UTC
I wonder why bigger exchanges hasn't added AMBER yet.

Bittrex does not allow coins that represent shares (that's why we aren't on Bittrex and never will be). Oh well, their loss!
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Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace
by
Penn.3D
on 28/07/2015, 14:04:51 UTC
This has been said before, but it is worth repeating.....

If David can make the pegging happen, then every Bitbay you hold will be worth $1. Right now 1 btc can get you over a MILLION Bitbays! Now what are the chances that in a few months your 1M Bays will be worth 1M dollars? Well I don't really know, but considering that the dev is a bonafide genius and considering he and a team of others have been working on this project for nearly a year, I can definitely say that the chance of the peg working is WAY WAY WAY better than the chance of you winning a scratch off ticket for any substantial amount of money.

Bottom line is that anyone that doesn't put at least 1 btc into Bay right now is just a fool. The ratio of risk to reward here is about as good as you will ever see in your lifetime.
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Re: [ANN][CHIP] ChipCoin - X11 PoW - Roadmap Released - Phase 2 - Join Us!
by
Penn.3D
on 27/07/2015, 18:05:27 UTC
When will this be available for purchase?
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Re: [AMBER] X13 POW/POS| 10k AMBER=0,01% SHARES | BUY, HOLD & GET DIVIDENDS in BTC/$
by
Penn.3D
on 23/07/2015, 14:54:15 UTC
Let's imagine

 Roll Eyes i really don't think this thread needs this type of wild speculation... but from your pattern i think we'll be selling fractions of an amber coin per round... while amber trade still has 30 million share left to sell.

Well from my perspective it's not so much speculation as it is fantasizing, and who doesn't like to fantasize about one day being rich?

As far as the company still having 30 million coins, the dev did say that at some point there was talk of the company offering shares on the stock market so maybe they way to keep most of them for that? Who know. I might even be wrong about every single thing I just wrote......

That being said, dev feel free to delete my above post if you prefer. There will be no hard feelings  Smiley
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Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace
by
Penn.3D
on 23/07/2015, 14:14:21 UTC
How do you know that dumpers gone?

Because dumpers, by definition, do not hold coins for month after month.....they dump! Wink

Anyone inclined to dump would certainly have done so at some point in the last few months.
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Re: [AMBER] X13 POW/POS| 10k AMBER=0,01% SHARES | BUY, HOLD & GET DIVIDENDS in BTC/$
by
Penn.3D
on 23/07/2015, 13:43:56 UTC
I just read the news section of the Amber-Trade website, and saw this:

Round #1: 4,000,000 Amber @8200 satoshi – Done
Round #2: 500,000 Amber @10400 satoshi – Done
Round #3: 500,000 Amber @12500 satoshi – Done
Round #4: 500,000 Amber @14600 satoshi <<< Now live
Round #5: 250,000 Amber @16700 satoshi


So that means for the next round, there will only be 250,000 Amber available at 16700 sat! That is absolutely BRILLIANT!!!!! Why do I say that?.....

Well all you have to do is take the above and follow it to it's logical next steps:

Round #6: 250,000 Amber @18900 satoshi
Round #7: 125,000 Amber @20100 satoshi
Round #8: 100,000 Amber @22200 satoshi
Round #9: 75,000   Amber @24500 satoshi
Round #10: 50,000 Amber @26600 satoshi
Round #11: 40,000 Amber @28800 satoshi
Round #12: 35,000 Amber @30900 satoshi
Round #13: 30,000 Amber @33100 satoshi
Round #14: 29,000 Amber @35200 satoshi
Round #15: 28,000 Amber @37300 satoshi
Round #16: 27,000 Amber @39400 satoshi
Round #17: 26,000 Amber @41500 satoshi
Round #18: 25,000 Amber @43600 satoshi
Round #19: 24,500 Amber @45800 satoshi
Round #20: 24,000 Amber @47900 satoshi
Round #30: 23,500 Amber @50000 satoshi
Round #31: 23,000 Amber @52100 satoshi
Round #32: 22,500 Amber @54200 satoshi
Round #33: 22,000 Amber @56300 satoshi
Round #34: 21,500 Amber @58400 satoshi
Round #35: 21,000 Amber @60500 satoshi
Round #36: 20,500 Amber @62600 satoshi
Round #37: 20,000 Amber @64700 satoshi
Round #38: 19,900 Amber @66800 satoshi

Let's imagine we are at Round #30 in the above [obviously hypothetical] scenario. In that case, it would only take 11.75btc to completely buy out the round. Now imagine if you have 11.75btc sitting around, would you want to spend that much money on Amber? Well of COURSE, because you know if you do that, Amber would immediately be in the next round where the price would be even higher and there would be even LESS coins available at that higher price!

Do you GET IT!?  Shocked

Even BETTER, let's imagine we are on round 81 and it looks like this:

Round #81: 9,150 Amber @126600 satoshi

Or how about we are on round 109 and it looks like this:

Round #109: 5,120 Amber @228100 satoshi

Holy crap......THAT my friends is why the dev said:

"I can say for sure that at this moment AmberCoin is at the very beginning of its long way to the top.
And all shareholders in long term will get a benefits they can't even imagine now."

It's absolutely f'in BRILLIANT!!!!!!  Grin

 
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Re: [ANN] SMAC - Social Media Advertising, Market Live on Bittrex!
by
Penn.3D
on 23/07/2015, 11:40:46 UTC

Something else to keep in mind.....

Yes I sold 1.8 btc to the devs, but rather than run with that money, I immediately put it up as buy support for SMAC.

Point is, I had good intentions....I just definitely played my cards wrong.

Ok, i'll shut up now.
Relax not a big deal, you needed to be sure, now you are  


Ummm.....that is what you call a D-E-L-A-Y-E-D reaction!  Tongue  (you do realize that you are replying to a post that I posted on June 2nd, right?  Huh)