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Re: [ANN] [XJO] Joulecoin | SHA256 | First SHA256 data coin | Major upgrade 0.10.4.2
Just added 27TH to the network. Also, a full node will run at 2604:7780:303:80::80 and 64.182.119.36 plenty of bandwidth for blockchain downloads. Enjoy! 
Re: ★★★★ [CAIx] ★ 100% PoS ★ New wallet Release 18:00 GMT ★★★★
Gloat I MUST!!! I think I told you so, yes, yes I did tell you so!!! CAI has been a scam from the beginning!!! Thankfully I got out early and lost only my mining time for a few weeks!!! Sad to see so many get taken advantage of, but I must say I TOLD YOU SO!!!!!!!! 
Re: [ANN] cudaMiner & ccMiner CUDA based mining applications [Windows/Linux/MacOSX]
Re: ★★★★ [CAI] Change to PoS soon. Join us on IRC #caishen ★★★★
I smell something fishy... Don't get BIT!
http://farm4.static.flickr.com/3516/3909309769_11b8f4b2db.jpg
http://farm4.static.flickr.com/3516/3909309769_11b8f4b2db.jpg
Re: ★★★★ [CAI] Change to PoS soon. Join us on IRC #caishen ★★★★
What is going on with this coin and why has mining of CAI continued beyond the 1.6 million coins you said would be the cap for CAIx? I am beginning to lose confidence in this coin due to the developers lack of responsibility to the investors. You have promised to have certain accomplishments done at certain times, and have failed to deliver on those promises. This has caused a general loss of confidence in this coin, and I feel that the developers of this coin are not taking the steps necessary to minimized the loss of value in this coin. There are things that should be done to bolster confidence in the next few days .
These minimum things need to be provided if you do not want to community to lose faith and confidence in this coin, and begin thinking this is fraud.
Let me tell you what someone could be thinking about this coin right now. The transition to PoS is just a decoy to keep people anxious about what might be happening. In reality the mining of CAI continues, to hide the fact that the developer is dumping CAI to get bitcoins and trash the community then vanish. If this coin is in fact transitioning to PoS CAIx, then why has the mining of CAI not stopped? Technically no one should be selling CAI and simply holding the CAI to transition it to CAIx. If people were holding coins the price of CAI should be increasing. But, the price of CAI has been dropping since Saturday when the first deadline was missed. Then we get a push back to Tuesday, and the price falls more. Now we get screens that don't help much and could be faked. All the while CAI is being tanked. Lets get some information out now. Lets put this doubt to rest by being more active in your responsibility as a developer and give us more information in a timely manner.
- The developers should be keeping the community updated with any and all goals completed hourly or every 2 hours on twitter, Facebook, or on forums
- We need to see YouTube videos on the work you are doing and put a face to the coin
- Information about who you are, and who should take responsibility if this turns out to be fraud needs to be provided
- A more comprehensive information base needs to be provided on the transition and what will happen to coins mined after 1.6 million needs to be addressed
These minimum things need to be provided if you do not want to community to lose faith and confidence in this coin, and begin thinking this is fraud.
Let me tell you what someone could be thinking about this coin right now. The transition to PoS is just a decoy to keep people anxious about what might be happening. In reality the mining of CAI continues, to hide the fact that the developer is dumping CAI to get bitcoins and trash the community then vanish. If this coin is in fact transitioning to PoS CAIx, then why has the mining of CAI not stopped? Technically no one should be selling CAI and simply holding the CAI to transition it to CAIx. If people were holding coins the price of CAI should be increasing. But, the price of CAI has been dropping since Saturday when the first deadline was missed. Then we get a push back to Tuesday, and the price falls more. Now we get screens that don't help much and could be faked. All the while CAI is being tanked. Lets get some information out now. Lets put this doubt to rest by being more active in your responsibility as a developer and give us more information in a timely manner.
This person is a fool.
Devs, please ensure that you disregard those four points and continue spending your time making sure the release of the CAIx client is as bug proof as possible. The people who are continuously watching the price on mintpal every second are not the people you are developing the coin for.
So he is a "fool" for asking that the Devs tell everyone what is going on? The issues with Caishen all stem from the lack of communication and the repeated FAILURE TO MEET DEADLINES THAT THE DEVS SET FOR THEMSELVES... It seems like anytime anyone brings up the checkered past of these developers there is some "Newbie" who is quick to jump in and start slinging mud at the person who is trying to address the real issue here. The real issue is that there have been many broken promises and absolutely no reliability from the Devs on this coin... The Price on MintPal is just an outward indication of the trust that the community has in these developers.
So he is a "fool" for asking that the Devs tell everyone what is going on? No, he is a fool because hes asking them to provide updates every two hours and film you tube shit. The reasoning behind getting faces to names is understandable but not until they at least finish getting stuff complete for the transition to CAIx.
The issues with Caishen all stem from the lack of communication and the repeated FAILURE TO MEET DEADLINES THAT THE DEVS SET FOR THEMSELVES... If you are saying that the "issues" stemming from the lack of communication and unmet deadlines are the instability of coin price on mintpal then I dont see it as much of an issue, I would much rather they work towards getting a stable client and testing it than spending their time in the forums updating every one about every little thing they are currently doing just so that the people who sit there watching the price and shitting themselves every time the price drops or rises. Yeah I agree that they are not meeting their deadlines that they are setting for themselves, It doesnt bother me as I "believe" they are working at what they said they are doing, if someone believes otherwise then they are free to not mine or buy any of the coins which allows others who do belive to be able to mine/buy more or even play the market on the price swings.
It seems like anytime anyone brings up the checkered past of these developers there is some "Newbie" who is quick to jump in and start slinging mud at the person who is trying to address the real issue here. Nothing wrong with being a Newbie, everyone was one at some stage. If it "seems" like this is happening everytime then maybe, just maybe there is something to it....
The real issue is that there have been many broken promises and absolutely no reliability from the Devs on this coin.. I dont see "their broken promises" about update times and schedules as much of a negative as I know in the real world that shit happens even with the best of intentions, Im sure they are doing their best to get CAIx happening seeing as they havent even profited from this coin yet and will not until they receive their 8000CAIx once the transition is complete.
The Price on MintPal is just an outward indication of the trust that the community has in these developers. Yes i belive you are right but it much exaggerated due to the people shorting the coin to make a continual stream of profit each day. The mob is fickle, i dont think it would be much different if there were updates every two hours with little you tube snippets. The Devs have announced their plan, their plan is still on track, well thats what i have come to believe as i follow this thread.
...just so you never forget that you said this... ...you can refer back here when you wake up to reality...
Re: ★★★★ [CAI] Change to PoS soon. Join us on IRC #caishen ★★★★
What is going on with this coin and why has mining of CAI continued beyond the 1.6 million coins you said would be the cap for CAIx? I am beginning to lose confidence in this coin due to the developers lack of responsibility to the investors. You have promised to have certain accomplishments done at certain times, and have failed to deliver on those promises. This has caused a general loss of confidence in this coin, and I feel that the developers of this coin are not taking the steps necessary to minimized the loss of value in this coin. There are things that should be done to bolster confidence in the next few days .
These minimum things need to be provided if you do not want to community to lose faith and confidence in this coin, and begin thinking this is fraud.
Let me tell you what someone could be thinking about this coin right now. The transition to PoS is just a decoy to keep people anxious about what might be happening. In reality the mining of CAI continues, to hide the fact that the developer is dumping CAI to get bitcoins and trash the community then vanish. If this coin is in fact transitioning to PoS CAIx, then why has the mining of CAI not stopped? Technically no one should be selling CAI and simply holding the CAI to transition it to CAIx. If people were holding coins the price of CAI should be increasing. But, the price of CAI has been dropping since Saturday when the first deadline was missed. Then we get a push back to Tuesday, and the price falls more. Now we get screens that don't help much and could be faked. All the while CAI is being tanked. Lets get some information out now. Lets put this doubt to rest by being more active in your responsibility as a developer and give us more information in a timely manner.
- The developers should be keeping the community updated with any and all goals completed hourly or every 2 hours on twitter, Facebook, or on forums
- We need to see YouTube videos on the work you are doing and put a face to the coin
- Information about who you are, and who should take responsibility if this turns out to be fraud needs to be provided
- A more comprehensive information base needs to be provided on the transition and what will happen to coins mined after 1.6 million needs to be addressed
These minimum things need to be provided if you do not want to community to lose faith and confidence in this coin, and begin thinking this is fraud.
Let me tell you what someone could be thinking about this coin right now. The transition to PoS is just a decoy to keep people anxious about what might be happening. In reality the mining of CAI continues, to hide the fact that the developer is dumping CAI to get bitcoins and trash the community then vanish. If this coin is in fact transitioning to PoS CAIx, then why has the mining of CAI not stopped? Technically no one should be selling CAI and simply holding the CAI to transition it to CAIx. If people were holding coins the price of CAI should be increasing. But, the price of CAI has been dropping since Saturday when the first deadline was missed. Then we get a push back to Tuesday, and the price falls more. Now we get screens that don't help much and could be faked. All the while CAI is being tanked. Lets get some information out now. Lets put this doubt to rest by being more active in your responsibility as a developer and give us more information in a timely manner.
This person is a fool.
Devs, please ensure that you disregard those four points and continue spending your time making sure the release of the CAIx client is as bug proof as possible. The people who are continuously watching the price on mintpal every second are not the people you are developing the coin for.
So he is a "fool" for asking that the Devs tell everyone what is going on? The issues with Caishen all stem from the lack of communication and the repeated FAILURE TO MEET DEADLINES THAT THE DEVS SET FOR THEMSELVES... It seems like anytime anyone brings up the checkered past of these developers there is some "Newbie" who is quick to jump in and start slinging mud at the person who is trying to address the real issue here. The real issue is that there have been many broken promises and absolutely no reliability from the Devs on this coin... The Price on MintPal is just an outward indication of the trust that the community has in these developers.
Re: ★★★★ [CAI] Change to PoS soon. Join us on IRC #caishen ★★★★
We are waiting! and wait ... and wait... 
Get used to it, they will make you wait and wait and wait and historically when you finally hear something it will be well below what you expected. I was told I would be sorry that I got out of CAI... RIGHT!!! Sorry I ever got involved in CAI is more like it. I did sell what little I had mined at about twice what it is right now though...
This coin is just a SCAM so they can pay for a Video Game Startup Company...
Run, RUN, RUUUN, While you still can...
Re: ★★★★ [CAI] Change to PoS soon. Join us on IRC #caishen ★★★★
Out of the current premine we will pay the 8 devs 4k CAI each to a total of 32k CAI which they will exchange with the rest of CAI owners. the rest of the premine will be transfered to an escrow trusted in this community and will act as a third party to insure this premine will never be exchanged to CAIx.
The original premine was 560k of which 68k went to the IPO owners and 92k were paid for services bounties and giveaways. The original developers in this project have not received any payments so far, although we did say we will get 8% of biweekly payments, this never materialized. All the devs will be getting from the premine is the 32k CAI.
Okay so assume we believe what the Devs are telling us:
There will be a total of 1,600,000 million CAIx.
68,000 (to IPO) + 92,000 (to bounties) = 160,000 premined and spent coins
Question: does the remaining 400,000 CAI form the original premine go into escrow?
If this is the case then the original 28% is correct.
If this is not the case then: 160,000 premined and spent coins / 1,600,000 total coins = 10% premine
Either way this seems terrible, please correct me if I'm wrong.
The original premine was 560k of which 68k went to the IPO owners and 92k were paid for services bounties and giveaways. The original developers in this project have not received any payments so far, although we did say we will get 8% of biweekly payments, this never materialized. All the devs will be getting from the premine is the 32k CAI.
Okay so assume we believe what the Devs are telling us:
There will be a total of 1,600,000 million CAIx.
68,000 (to IPO) + 92,000 (to bounties) = 160,000 premined and spent coins
Question: does the remaining 400,000 CAI form the original premine go into escrow?
If this is the case then the original 28% is correct.
If this is not the case then: 160,000 premined and spent coins / 1,600,000 total coins = 10% premine
Either way this seems terrible, please correct me if I'm wrong.
http://1.bp.blogspot.com/-ZpkIs_bHwK8/UrCsecFCZAI/AAAAAAAAA78/9TS_IOpSgic/s1600/WW-Hell-No-84353749801.jpeg
This message is specifically directed at the developer(s). It is a huge problem. How do you think is is okay? How is it not a problem that you spent minimum 160,000 which is way over the 2% premine (160,000 = 10% premine). How can you decrease the total number of coins to 1.6 million without this being a scam? Make no sense. Please clarify.
Re: ★★★★ [CAI] Change to PoS soon. Join us on IRC #caishen ★★★★
WTF everyone seems to be CAI bashing today. lol
It seems the UTC crowd lost interest in improving their coin and came here to give us advice. We thank them for their opinions. I still hold all respect to Michael for what he did and what he is trying to do for UTC. I will not delete their posts, this thread is not moderated and they are free to make any statements they like if it makes them feel better. The person who was bashing nitro pools unsuccessfully for personal interest, came here to bash our project as well. But like they say you only need to let the fool make his statement to win the case. We are moving to bigger and better places. I am not going to Hype CAIx, you all have brains and free will to make your own judgments.
There are 3 major issues with this coin.
1. The developers have been unpredictable.
2. The developers have historically missed their own deadlines (deadlines they set themselves).
3. Major changes have occurred with no notice.
4. This appears to be a Crowd Sourcing effort to create a software company to make video games that will only profit the developers and uses the miners and our efforts.
Oh, did I say 3 I meant 4, or WAIT!
5. The developers don't like to be criticized and they call anyone who questions them "Trolls".
You dumped CAI at a loss and I promised you will eat your words. Now all what you stated is fud.
1- developers unpredictable : You predicted a scam and dumped at a loss early, and now you have a grudge because we proved you wrong.
2- Historically missed the deadlines: This coin is only weeks old, what deadlines?
3- Major Changes without notice: Major changes have not occurred yet, there is a notice on the announcement, on Twitter, and on facebook.
4- Crowd sourcing: How do you translate us spending over 16 BTC on a game from our own money crowd-sourcing?
Obviously you missed the every point you made. I only see one issue here, you missed your reading classes or maybe I should say glasses.
Your early attempt at jeopardizing our project failed, and now you want to make fud, has it ever worked for you?
1. You did not address the issue of the developers being unpredictable. You are trying to make this about me, and it is not about me. The point is still the same it started Chinese, because a game fund, and now you are going POS out of the blue. UNPREDICTABLE)
2. I spent hours on IRC WAITING for "BIG" announcements that amounting to nothing but hype.
3. Major changes have not occurred? ROFLMAO!!! Really, a new coin, a video game, shares in a company... None of this was disclosed up front... None of it, therefor they are all INSANELY HUGE CHANGES.
4. You have used the Cry Cur community to try to get people to buy into your silly game, while still setting on how many BTC of IPO?
Since we are here:
5. Again, The developers don't like to be criticized they call anyone who questions them "Trolls" with a "grudge".
Seriously, CAI is like shifting sand, what is next, are gonna invoke the starving faces of the poor and claim to feed them with your proceeds...?
Re: ★★★★ [CAI] Change to PoS soon. Join us on IRC #caishen ★★★★
WTF everyone seems to be CAI bashing today. lol
It seems the UTC crowd lost interest in improving their coin and came here to give us advice. We thank them for their opinions. I still hold all respect to Michael for what he did and what he is trying to do for UTC. I will not delete their posts, this thread is not moderated and they are free to make any statements they like if it makes them feel better. The person who was bashing nitro pools unsuccessfully for personal interest, came here to bash our project as well. But like they say you only need to let the fool make his statement to win the case. We are moving to bigger and better places. I am not going to Hype CAIx, you all have brains and free will to make your own judgments.
There are 3 major issues with this coin.
1. The developers have been unpredictable.
2. The developers have historically missed their own deadlines (deadlines they set themselves).
3. Major changes have occurred with no notice.
4. This appears to be a Crowd Sourcing effort to create a software company to make video games that will only profit the developers and uses the miners and our efforts.
Oh, did I say 3 I meant 4, or WAIT!
5. The developers don't like to be criticized and they call anyone who questions them "Trolls".
Re: ★★★★ [CAI] Change to PoS soon. Join us on IRC #caishen ★★★★
Re: ★★★★ [CAI] Change to PoS soon. Join us on IRC #caishen ★★★★
Well it certainly is never fun to be called a troll. I wrote, after thinking about writing for a long time, because I feel like the rug was pulled out from under me as an investor. I don't understand why it was necessary to make all of these changes, and I no longer understand the purpose of the coin. Is that trolling? Am I trolling if I, as an investor, question the 180 degree change that has been made to what I invested in?
Stuhlman, I have always had tremendous respect for you. I had hoped that you would sell me on what you've changed. Shame you resorted to calling me a name instead. More power to your company if you pull this off. I may be the one down the road thinking I should have held onto my CAI or CAIx or whatever it is (I totally don't understand how one will be transitioned to the other).
If nothing else, please take away from my message what I'm hearing from many people - we don't get this. It doesn't make sense to us. We don't see where you are going with this coin. We don't understand what it means to us, as investors. Spend your energy on answering those questions and little nobodies like me will stop posting.
Stuhlman, I have always had tremendous respect for you. I had hoped that you would sell me on what you've changed. Shame you resorted to calling me a name instead. More power to your company if you pull this off. I may be the one down the road thinking I should have held onto my CAI or CAIx or whatever it is (I totally don't understand how one will be transitioned to the other).
If nothing else, please take away from my message what I'm hearing from many people - we don't get this. It doesn't make sense to us. We don't see where you are going with this coin. We don't understand what it means to us, as investors. Spend your energy on answering those questions and little nobodies like me will stop posting.
DCgirl I am sad you said had respect, but I will answer this as well. You have not stated a fact, but I will restate them for you.
With the success of CAI so far we have noticed that our premine has grown in value to over 300 BTC. This would have been a great thing
to any scammer dev, but not for me. I decided to destroy the premine, and remove any future doubts as to the purpose of CAI. We wanted to prove that with modest funds we can create a success. So when we discussed the best way to destroy a premine, we also wanted to add a an extra benefit to our investors at the same time by removing the miner dumping aspect that been plaguing UTC for example. SO a move to full PoS would enable us to implement many changes at once.
- Destroy Premine
- Remove Miner dumping
- lower Max coin cap
- secure our network 100% from ASICS/Multipools
- Move CAI to the next stage by making it a community project
We have a lot of ideas and to have that accomplished we needed to remove the weight of a premine that has become of huge value from the CAI market cap. Some people will think why? because at one point in the near future that might raise questions as to our motives. So if we stayed where we are would you feel safer investing in CAI knowing I have access to 100's of Thousand that I can dump on the market or would you feel safer if I don't? The fact that some people question our decision to destroy premine makes me wonder as to the validity of the question. This should be a no brainer to see how much CAI will benefit from this action that I am taking with the full knowledge that the premine I am destroying is worth more than 300 BTC. I am sorry If I offended you, but I hope you can see these facts and argue anything with me that makes you feel I am doing anything wrong. As far as these changes are concerned, I have met with some of our biggest investors in CAI and they were delighted with the steps we are taking. I did not do this out of personal interest as it is obvious from the facts it's the opposite.
I'm with dcgirl on this. CAI has a history of broken promises. Deadlines not met. Plans that were changed -more times than one can count. A game that would would boost CAI -which turns out it sponsors other altcoins as well now. And now more secret plans "to be released". How about a little transparency. And 300BTC premine that you could dump yadayada... go ahead and try it. I'm not good at math, is it still 300BTC when you dump CAI to a value of .00000001? You know that wasn't an option anymore once the word scam was mentioned. You can't keep asking for trust when you continue abusing said trust. I also have diminished respect. Nothing too personal, I would like to trust in CAI(shen)(x), but simply can't at this point. Fool me once...you know the rest. Best of luck turning this around.
http://thor.he.net/~gludlow/rip.gif
Re: ★★★★ [CAI] Change to PoS soon. Join us on IRC #caishen ★★★★
OK PLEASE CLARIFY THIS FOR ME.
Is this Appgame going to be Cai Shen only for purchase?
If not I'm trying to figure out how a company can create a market cap out of crypto investment and then make their profits on fiat currency.
Please clarify immediately because I'm sure as hell if you can buy the game with fiat the crypto is utterly meaningless.
Is this Appgame going to be Cai Shen only for purchase?
If not I'm trying to figure out how a company can create a market cap out of crypto investment and then make their profits on fiat currency.
Please clarify immediately because I'm sure as hell if you can buy the game with fiat the crypto is utterly meaningless.
The game servers will soon start accepting payments for our ingame purchases in altcoins not just CAIx. The game itself is free. Inapp purchases will accept fiat in the game and soon in crypto currency on our server, where a buyer can convert into game coin. We are introducing the crypto aspect of the game in the final release. Now it will be released in open beta. The funding for the game development does not come from CAIx or CAI. We are funding the game, the revenue from the game whether it's from fiat or alts will be split 50/50 for costs, and to invest back into CAIx
The tournament mode will allow other coin developers whose coin is accepted by our server for payment to advertise the coin by offering purses in alts to weekly winners. This is a cross promotion that will help CAIx/Alts and game.
If regulations will allow crypto currency on app stores any time soon, our apps/games will be ready and quick to adopt to such change. Our working capital does not come from crypto. All CAI traded on the market at this time is CAI mined by miners.
So the current 300K market cap of the coin basically aims to encompass all the in-game purchases made on your free game, by persons who for some reason opt for the difficult and risky path of buying a volatile currency to use in the game as opposed to putting their fiat money straight onto it.
They have the option of extra effort and have however much money on the game, which the next day could be worth nothing or 100x the value to buy items in game, unless you are including a withdrawal system from the game? ....
Not liking this. Market cap is huge for what service this coin provides.
lol, as if bush was any less of a scam than obama.
lmao!!
haha well played sir i give you props for that one lmao!!
I don't understand why everyone is upset, it's not like you buy health insurance with cryptos.
The premine will STILL be 2%. 2% of the new coin total. That's only 40k of the 2 million. Could even be less. Stop worrying and buy up the cheap coins!
That is incorrect. Where are you getting this? The developers premined 2% of the total 28,000,000 coins (over half a million) and are keeping them for themselves. As said by the developer once this was exposed.
You are incorrect. He just said they're resetting the premine to 2% of the new coin total on IRC.
Stop spreading FUD.
They are probably going to premine another 2% of the CAIx coins. If you can't see how this coin is a scam (instamined on day 1 was the first flag) then keep learning about crypto so you don't support these things again.
What are you still doing here if this is a scam? Im glad that i supported this from the start because it has made me alot of money, and it will continue to make me alot of money. Pity that you will get left behind.
You're right, I've said enough. Just kind of hate the devs because of the blatant scam and wasting my time while they instamined it. Cheers
....goodbye
Mad Bro?
I cannot believe so many suckers lined up for this coin. WOW! You should have names it Sucker Coin... But I guess the so called Chinese "God" of Luck watches over all the Casinos... So, It is already name Sucker Coin, Ha HA, everyone missed it in translation... And then the Devs get offended when the community calls it what it is!@ a CRAP SCAM Coin...
The community isnt calling it anything, its just a few idiots like yourself that dont know how to make money that are calling it a scam. If it was such a big scam and the community thought so, the price wouldnt be where it is now.
Now I am an idiot. NO real answers, just name calling. LOL Are you sure you are not a Democrat... Did you vote for Obama?
The premine will STILL be 2%. 2% of the new coin total. That's only 40k of the 2 million. Could even be less. Stop worrying and buy up the cheap coins!
That is incorrect. Where are you getting this? The developers premined 2% of the total 28,000,000 coins (over half a million) and are keeping them for themselves. As said by the developer once this was exposed.
You are incorrect. He just said they're resetting the premine to 2% of the new coin total on IRC.
Stop spreading FUD.
They are probably going to premine another 2% of the CAIx coins. If you can't see how this coin is a scam (instamined on day 1 was the first flag) then keep learning about crypto so you don't support these things again.
What are you still doing here if this is a scam? Im glad that i supported this from the start because it has made me alot of money, and it will continue to make me alot of money. Pity that you will get left behind.
You're right, I've said enough. Just kind of hate the devs because of the blatant scam and wasting my time while they instamined it. Cheers
....goodbye
Mad Bro?
I cannot believe so many suckers lined up for this coin. WOW! You should have names it Sucker Coin... But I guess the so called Chinese "God" of Luck watches over all the Casinos... So, It is already name Sucker Coin, Ha HA, everyone missed it in translation... And then the Devs get offended when the community calls it what it is!@ a CRAP SCAM Coin...
