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Showing 20 of 74 results by StoneSoup
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Board Announcements (Altcoins)
Re: [PRE-ANN] Tangram - Private, Secure & Anonymous focused DAG Network
by
StoneSoup
on 10/11/2018, 03:49:22 UTC
The devs have to answer if the fund for scams is still open, but if it's not, the new community sale is, for now!

Check out the blog post: https://medium.com/@tangramd/community-fund-dce1c26f29f1

Yes but why put a deadline before the project becomes known or there is a mainnet? At least let the scammed people claim while people are buying like whoever does it first. Even a community vote could be an option.

Well maybe you will be lucky and they will consider you but really if not, you have had since the 27th of February which is more than a generous time frame.
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Topic
Board Announcements (Altcoins)
Re: [ANN] NOLLAR - first USD stablecoin with instant & feeless transactions
by
StoneSoup
on 31/10/2018, 01:27:30 UTC
So what I have been able to determine so far:

This is interesting but I think you could do a better job explaining it. For instance, NOS is a utility token.

It gives a 50% discount on conversion from/to USD/Nollar??

Looks like this is the case. I think the fee falls from 0.9% to 0.45% but this is only for 12 months (not clear when the 12 months starts) Then for the next 12 months, they say: "Adjusted at market development" whatever that is supposed to mean. No indication beyond 24 months, perhaps they haven't decided. Really I would like clarity on things like this before even considering investment.

How does that work, is it 1 token per 50% discount? So if I want to convert 10 Nollars to USD I need 10 NOS to get 50% discount n the fees.

According to the white paper:

If the NOS token is publicly traded at 1USD, you will be able to cash-out 200 USD from NOLLAR to USD paying with 1 NOS token

This is a bit more clear except we still don't know what to expect if the NOS token is only say 1 US cent or if it is 5 USD, is it a direct linear scale?

If NOS is worth only 1 US cent, does that mean the you can only convert 2 NOLLAR to USD per NOS?

 
What are the fees and how are they regulated and who decides this?

Main fees seem to be 0.9% of NOLLAR value when converting from NOLLAR to real USD. So 100 NOLLAR would cost 90 US cents so you would receive USD 99.10. With the discount, it would go down to 45 US cents for the fee. There is also unspecified fees for exchange and kyc and a few other things but no clarity of what they will be.

Where can I buy NOS? How much are they currently costing? Can they even be traded?

bruges is saying they can be brought from the team. No sure I would be happy doing that until I saw a lot more evidence that this is even going to happen. This has a horrible smell of ICO to it and we all know how reliable those are...

No exchanges as of yet either. Then again, is the tech even in place for the exchanges to happen.


How many NOS are there going to be at maximum?

Clear definitive answer here, 1 billion.

Are you planning to burn them as part of the fees, I think I saw something like 20% of NOS will be burnt with each transaction?

The white paper says 20% of used ones will be burnt and the remaining 80% will be distributed to the community and partnerships. Great, but what does the second part mean in practice? How are they going to distribute them to the community and what partnerships are they talking about?

How will that help since they will only ever have vale of 50% of current fee?

I can only speculate the the other 50+% goes to the bank and or devs, it is pretty unclear.

Maker have a new tech about to arrive that will allow ~500 transactions for 1 us cent making feeless seem less of an attraction with the conversion to/from USD costs of this coin.

White paper doesn't even try address this, actually is seems to make an effort to distort reality which doesn't really help it's credibility. They need to focus on their strengths and not make up stuff that is verify ably untrue.


This all sounds good in principal but seems to be full of holes. This causes lots of red flags to go off for me.

After further investigation, the lack of clear cut answers and analysis of the white paper, I think I will put this on hold to wait and see. I am not yet convinced that this is not a scam or just very poorly thought out. It certainly has the potential to be really great but there seems to me much more to it than it seems and the fact that Nano has no native support for smart contracts means that they have probably got a lot of work ahead of them if they are going to make it work.

So I wish you well but for now I recommend HOLD.


Please set me straight.
Please read whitepaper, there's section explaining NOS token which addresses your questions. There will be 1.000.000.000 tokens, I believe you can buy some directly from the team.
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Topic
Board Announcements (Altcoins)
Re: [ANN] NOLLAR - first USD stablecoin with instant & feeless transactions
by
StoneSoup
on 30/10/2018, 00:38:07 UTC
This is interesting but I think you could do a better job explaining it. For instance, NOS is a utility token.

It gives a 50% discount on conversion from/to USD/Nollar??
How does that work, is it 1 token per 50% discount? So if I want to convert 10 Nollars to USD I need 10 NOS to get 50% discount n the fees.
What are the fees and how are they regulated and who decides this?

Where can I buy NOS? How much are they currently costing? Can they even be traded?

How many NOS are there going to be at maximum?

Are you planning to burn them as part of the fees, I think I saw something like 20% of NOS will be burnt with each transaction?

How will that help since they will only ever have vale of 50% of current fee?

Maker have a new tech about to arrive that will allow ~500 transactions for 1 us cent making feeless seem less of an attraction with the conversion to/from USD costs of this coin.

This all sounds good in principal but seems to be full of holes. This causes lots of red flags to go off for me.

Please set me straight.
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Topic
Board Announcements (Altcoins)
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
by
StoneSoup
on 25/09/2018, 00:53:49 UTC
The speed is crazy fast no waiting just boom.


I feel it. Transactions are fast now.
we are at very begining
That is one good update and upgrade about NANO, I am still one of the observer of NANO since the very beginnging when it was Railblocks.

That sounds awesome to hear you are still hodling this coin from the beginning of this project. We need this kind of community because only long term investors could make this possible to the journey to the moon.

I thought people were supposed to be encouraged to use this coin, it is supposed to be a currency not a store of value. What am I missing?
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Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] Tangram - Private, Secure & Anonymous focused DAG Network
by
StoneSoup
on 20/09/2018, 23:04:40 UTC
Is there a github/gitlab/public bitbucket?

I believe it is closed source until mainnet and then the code will be released. A bunch of s are Alpha testers so things are definitely moving forward, just the code is not open source yet.There is a lot of detail on the discord and of course you can ask questions if you have concerns.
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Topic
Board Announcements (Altcoins)
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
by
StoneSoup
on 16/09/2018, 23:13:07 UTC
Something is going on with NANO, it looks like it's about to blow. Volume up and down for the last couple of weeks. Some big is around the corner.  Wink

Being manipulated by Pump and Dump teams. It is the new version of Tron.
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Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] [SNK] Sneak - Private, Secure & Anonymous focused DAG Cryptocurrency
by
StoneSoup
on 12/09/2018, 01:16:56 UTC
PoW. Please.

I thought for DAG based coins there is no POW.
There is. There's one called XDAG

Personally I would walk away from this coin if they brought in PoW or PoS. The whole idea of this coin is to have a privacy coin without that rubbish.
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Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] Tangram - Private, Secure & Anonymous focused DAG Network
by
StoneSoup
on 07/09/2018, 01:39:07 UTC
Market be more and more manipulative. It'snot so good situation. Investing in few altcoins in which technology you believe it's everything which i recommend to you.

That is pretty much why I'm all over this coin, it ticks all the boxes.

Secure/private (VERY - LIKE TOP OF ALL SECURE COINS)
FEE LESS (NOT JUST LOW FEE)
Fast (BLOODY - ESPECIALLY FOR A PRIVACY COIN)
Friendly (ENVIRONMENT - NO PoW, PoS or MASTERNODES)
Smart Contracts (ESSENTIAL FOR THE FUTURE)
Fungible (A PROPERTY OF BEING PRIVATE)
Next Gen lightweight (DAG, SHARDNG ETC)
Decentralized
Reasonable number of coins (NOT BILLIONS OR TRILLIONS)
Fair Distribution (FAUCET WILL BE AVAILABLE TO EVERYONE)
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Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] Tangram - Private, Secure & Anonymous focused DAG Network
by
StoneSoup
on 06/09/2018, 23:03:58 UTC
IMPORTANT: Every step needs to be read and completed in its entirety anything that is missed or incomplete will be considered as non-void.

1. You will need to contact us through this post

2. With the message, please include the following:
    2.1 Bitcointalk thread (of the DAG & Privacy project in which you donated to)
    2.2 Address of the receiving donation
    2.3 Transaction details of the sent transaction (IE - https://etherscan.io/tx/0xb2eebf31b4d03a749e9f1861b12a4e7c29a6e271f3977d1b6554a673362dae82)
    2.4 In order for us to verify that you own the address in which you donated from the following will need to happen:
          2.4.1 We will send a transaction of the lowest amount of that cryptocurrency to the address in which you have given
          2.4.2 The EXACT amount will have to be sent back without fail.

Hello, Folks! If I donated in January to Manta, am I still entitled to snk tokens? Shall I put my tx here or can I do it by pm?

I'm pretty sure you can still claim it and I strongly encourage you to do so. I suggest to post here so there is a public record that you did and it doesn't get lost in someones inbox.
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Topic
Board Announcements (Altcoins)
Re: [ANN][IC] ⚡ Ignition Coin ⚡ - 5M Over 50 Years, PoW/PoS/MN - Fair Distribution
by
StoneSoup
on 06/09/2018, 03:07:32 UTC
I had a T Shirt made up for this coin, I think it came out quite well. It cost me around US$8 from vista print and the quality seems to be ok.

Sorry for the poor pic quality.

https://i.imgur.com/0lKgEKD.jpg?1
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][IC] ⚡ Ignition Coin ⚡ - 5M Over 50 Years, PoW/PoS/MN - Fair Distribution
by
StoneSoup
on 03/09/2018, 09:16:39 UTC
No payments POS.
debug.log -
2018-09-03 06:16:06 ProcessMessage(version, 103 bytes) FAILED
2018-09-03 06:16:21 AddPortMapping(44144, 44144, 192.168.0.30) failed with code 720 (UnknownError)
2018-09-03 06:16:25 partner 212.92.101.74:33184 using obsolete version 60028; disconnecting
2018-09-03 06:16:25 ProcessMessage(version, 103 bytes) FAILED
2018-09-03 06:18:13 partner 81.197.120.173:50643 using obsolete version 60028; disconnecting
2018-09-03 06:18:13 ProcessMessage(version, 103 bytes) FAILED
2018-09-03 06:21:27 ResendWalletTransactions()
What is the reason ? Keeping .log  stops an hour after launch.

It looks like you may not be using the latest wallet. Upgrade your wallet and try again.

The clue is this:

using obsolete version 60028

Which I think means you are using the old version of the protocol which is numbered 60028

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Topic
Board Announcements (Altcoins)
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
by
StoneSoup
on 27/08/2018, 23:24:12 UTC
Just a massive pump and dump going on at the moment. Lots of tears coming up when people who brought in now see prices fall again. Nano is full of people who overreact and FOMO big time which is perfect for pump and dump. Tron made the pumpers rich and now they have made their way here. I wonder how many pumps we are going to see before they move on.

So by all means, FOMO, FOMO,FOMO and cry later.....

Pump and Dump? Could be, but I'm not so sure about it.

NANO's price has been falling for months from its ath (more than $30) to $0.8. Now it's rising back to a merely $3 and you said it's massive p&d? nonsense to me.

In my opinion, cryptocurrency should be a method of worldwide payment, and NANO is the best option for it. Which part is so overreacting?
NANO deserve more than this.

That is the reaction when someone sold his coins in panic without realizing the potential we see so many people who shouting like this. I think so this person sold and waiting to buy at low price but it start getting recovered and now he is looking afraid to miss this train.

Not sure if you are addressing me or the guy who quoted me first. Personally I almost doubled my stake in Nano at 88 cents so I am sitting pretty. I don't really care what the price is, I'm not buying or selling. I will watch and see if the price goes back to 88 cents, I MAY buy some more or maybe not. I certainly would not buy on this current pump since I think there will be a dump at some point. If the pump goes on a bit longer, I MAY sell to lock in some gain but maybe not. I am more of a hodler but may be tempted by some quick gains using a small percent of my coins.

All the evidence is there of a PnD and Nano is a perfect target. It has a reputation for super fast growth based on FOMO - see December rise. It has a following that is almost religious who can be manipulated. It has lost somewhere around 97% of it's ath value meaning followers are desperate to believe it is undervalued. It has a mythos that the coin is only low because of whales and not because of waning interest in it. Basically and PnD scheme would be stupid not to jump on this coin. PnD have huge resources available to them and with tens of million from them and the sudden surge by everyone else, of course we see record trading (and a lot of washing I suspect).

There is nothing wrong with Nano as a coin, it is an excellent coin and has a lot to offer. The issue is not whether the coin is worth this or that, the issue is whether the price right now is based on the quality of this coin or just a manipulation to make more money in an otherwise stagnant market.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
by
StoneSoup
on 27/08/2018, 06:09:34 UTC
Just a massive pump and dump going on at the moment. Lots of tears coming up when people who brought in now see prices fall again. Nano is full of people who overreact and FOMO big time which is perfect for pump and dump. Tron made the pumpers rich and now they have made their way here. I wonder how many pumps we are going to see before they move on.

So by all means, FOMO, FOMO,FOMO and cry later.....
Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] Tangram - Private, Secure & Anonymous focused DAG Cryptocurrency
by
StoneSoup
on 27/08/2018, 00:37:38 UTC
hello team, do you have bounty thread ? i see your project very cool and great. i want become part of your promotion

I think bounties are going to be announced later. You will also be able to earn coins using the faucet when it becomes available.
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Topic
Board Announcements (Altcoins)
Re: [ANN][IC] ⚡ Ignition Coin ⚡ - 5M Over 50 Years, PoW/PoS/MN - Fair Distribution
by
StoneSoup
on 24/08/2018, 12:45:28 UTC
Staking really seems to have slowed down, I used to get a coin a day, then it became a coin every two days. So I moved my coins over to the Discord staking bot and it picked up to about a coin a day but now is back down to about 0.4 to 0.8 coins per day.

Anyone else noticed the decrease?

I noticed this too, I think the explanation below your comment is correct. Just feels like a big slowdown but if double the number of coins are out there staking, you can expect to get half the rewards for the same number of coins.

It will be getting a lot slower when we go past 1 million coins so make the most of it. It is a great time to stock up atm given a price as low as 43 cents each.
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Topic
Board Announcements (Altcoins)
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
by
StoneSoup
on 24/08/2018, 06:42:33 UTC
Who gives a dam about Nano and Bitgrail's victims who suffered a stolen.


are you series

No parallel.... Grin
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Topic
Board Announcements (Altcoins)
Re: [ANN][IC] ⚡ Ignition Coin ⚡ - 5M Over 50 Years, PoW/PoS/MN - Fair Distribution
by
StoneSoup
on 23/08/2018, 23:36:25 UTC
Hi,

At the moment the total supply is 923,575 IC
What is going to happen after the 1.000.000 IC
The rewards for staking is going to be halved, isn't it?

Tnx

I think it falls to a quarter of the current amount so 3.4/4 = 0.85. Since this is split between mining and PoS, it is half of that for PoS so 0.425 per stake. This is 1 million coins over a 4 year period I think.

After that it is 1 million coins spread over 5 years (0.34 per stake) , then 1 million over 10 years (.17 per stake)  and then 1 million over 30 years (0.0566 per stake).

So NOW is the time to stock up and to earn as many PoS rewards as you can. These coins are going to be as rare as hens teeth soon.
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Topic
Board Announcements (Altcoins)
Re: [ANN][IC] ⚡ Ignition Coin ⚡ - 5M Over 50 Years, PoW/PoS/MN - Fair Distribution
by
StoneSoup
on 07/08/2018, 05:23:49 UTC
Thanks! We love our community! This month we are releasing a Paper Wallet Generator Smiley Also, Olie480 got Vanity Address Generator Vanity-Gen to include support for Ignition, so you can make addresses that start with words you would like, very easily now! https://github.com/exploitagency/vanitygen-plus

Looking forward to share many more developments and milestones with the community!

With the Vanity Address Generator, am I right in thinking that the compiled binary is months out of date and if you want to use it for Ignition Coin, you have to compile the source code yourself?
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Topic
Board Announcements (Altcoins)
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
by
StoneSoup
on 03/08/2018, 04:26:51 UTC
Now at $1.50. I can see this going under a dollar in the next few days/weeks. In a year to 18 months we should be around a cent per coin. Finally in about 2 years from now, we will see another run up probably to in excess of $300.

So the trick is to just wait it out and buy when price looks super frightening and hopeless. When bitcoin has a 2 on the front of the usd  price, time to consider buying your Nano. This is all a cycle with bitcoin halving at the center. We are 660 days from the next halving.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][IC] ⚡ Ignition Coin ⚡ - 5M Over 50 Years, PoW/PoS/MN - Fair Distribution
by
StoneSoup
on 02/08/2018, 23:17:08 UTC
I don't know much about your project, but I think it's a high-tech project.I'd love to join the signature bounty of this project.
@Team, will you announce the bounty program here?

Please don't spam, take the time to read a bit and you will see that there is no signature bounty program here. I see all your posts are basically just spam.