Aur3
Sr. Member
  
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Activity: 378
Merit: 250
Embrace change
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April 09, 2014, 07:48:22 AM |
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https://water.suprnova.cc hit 8500 block ! Everything went smooth, reward 891.84 WATER.
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Let's make a change. Change makes you better. Change makes you smarter. Change makes you healthier.
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Aur3
Sr. Member
  
Offline
Activity: 378
Merit: 250
Embrace change
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April 09, 2014, 08:02:03 AM |
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Let's make a change. Change makes you better. Change makes you smarter. Change makes you healthier.
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iiikkkxj
Member

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Activity: 86
Merit: 10
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April 09, 2014, 09:10:51 AM |
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yes, give my IPO BTC back . now who will mine it ? no profit! but lose eletric power cost!
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iiikkkxj
Member

Offline
Activity: 86
Merit: 10
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April 09, 2014, 09:17:31 AM |
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the newest wallet is not working, stopping at block 8,499. oh, god, can you really fix it pls ?
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Water_kel
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April 09, 2014, 09:22:35 AM |
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yes, give my IPO BTC back . now who will mine it ? no profit! but lose eletric power cost!
True. They can't even pay the electricity cost.
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Water_kel
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April 09, 2014, 10:13:10 AM |
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u don't get it, do u? in irc there is cryptowest who made coye. hes op. they are a group of people who made more than 10 coins for profits. why do u think 'devs' dont talk here?...
scam coin. i lost 1 btc in ipo and 0.62btc for private rigs. even chinese moderator says its a scam
LOL good name buddy. I lost my BTC on this on too as I am the early miner, early buyer and IPO investor. I believe the dev won't ignore this. Give them some time and they may compensate us.
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ponch85
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April 09, 2014, 10:38:35 AM |
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the newest wallet is not working, stopping at block 8,499. oh, god, can you really fix it pls ? +1 no answer? also block explorer is not available
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platorin
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April 09, 2014, 11:06:36 AM |
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Finally people are starting to realize this was a well prepared scam coin. Pretty soon everyone will be aware that most of new copy-alt-coins are scams and hopefully we will end this shit era of billions of new coins a day.
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Water_kel
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April 09, 2014, 11:14:23 AM |
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Finally people are starting to realize this was a well prepared scam coin. Pretty soon everyone will be aware that most of new copy-alt-coins are scams and hopefully we will end this shit era of billions of new coins a day.
Its true that someone can just uses this coin as a reference to scam people. I am not kidding. But for the coin, I think it is just a mistake/accident.
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Danz0r77
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April 09, 2014, 11:25:20 AM |
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yes, give my IPO BTC back . now who will mine it ? no profit! but lose eletric power cost!
Initial public offering (IPO) or stock market launch is a type of public offering where shares of stock in a company are sold to the general public, on a securities exchange, for the first time. Through this process, a private company transforms into a public company. Initial public offerings are used by companies to raise expansion capital, to possibly monetize the investments of early private investors, and to become publicly traded enterprises. A company selling shares is never required to repay the capital to its public investors. Guys, when you invest in something like this you're taking a risk. That's the very nature of it. If it was a case of "make a profit, or your money back" then everyone would do it. But everyone doesn't do it... because it's risky. Because stuff like this happens - and you don't always make your money back, never mind make a profit. You all need to stop crying about it and move on. And stop sending money to random people on the internet and then throwing a hissy fit because they won't give you it back.
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Water_kel
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April 09, 2014, 11:34:38 AM |
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yes, give my IPO BTC back . now who will mine it ? no profit! but lose eletric power cost!
Initial public offering (IPO) or stock market launch is a type of public offering where shares of stock in a company are sold to the general public, on a securities exchange, for the first time. Through this process, a private company transforms into a public company. Initial public offerings are used by companies to raise expansion capital, to possibly monetize the investments of early private investors, and to become publicly traded enterprises. A company selling shares is never required to repay the capital to its public investors. Guys, when you invest in something like this you're taking a risk. That's the very nature of it. If it was a case of "make a profit, or your money back" then everyone would do it. But everyone doesn't do it... because it's risky. Because stuff like this happens - and you don't always make your money back, never mind make a profit. You all need to stop crying about it and move on. And stop sending money to random people on the internet and then throwing a hissy fit because they won't give you it back. I agree with your points. BUT. The information about the coin is not 100% or even 50% match to the reality. YES, the investors should understand all the things about the coin before they invest in. BUT the reality does not match their understanding.  Actually non of us expect this result.
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BTCspoon
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April 09, 2014, 11:35:15 AM |
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yes, give my IPO BTC back . now who will mine it ? no profit! but lose eletric power cost!
Initial public offering (IPO) or stock market launch is a type of public offering where shares of stock in a company are sold to the general public, on a securities exchange, for the first time. Through this process, a private company transforms into a public company. Initial public offerings are used by companies to raise expansion capital, to possibly monetize the investments of early private investors, and to become publicly traded enterprises. A company selling shares is never required to repay the capital to its public investors. Guys, when you invest in something like this you're taking a risk. That's the very nature of it. If it was a case of "make a profit, or your money back" then everyone would do it. But everyone doesn't do it... because it's risky. Because stuff like this happens - and you don't always make your money back, never mind make a profit. You all need to stop crying about it and move on. And stop sending money to random people on the internet and then throwing a hissy fit because they won't give you it back. #227 page 12, always trust google translator.
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IntroVert
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April 09, 2014, 11:36:32 AM |
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the newest wallet is not working, stopping at block 8,499. oh, god, can you really fix it pls ? +1 no answer? also block explorer is not available +1 Wallet is definitely stuck on block 8499 even after complete blockchain resync. This needs fixing pronto! Edit: Talking about Windows wallet here
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Aur3
Sr. Member
  
Offline
Activity: 378
Merit: 250
Embrace change
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April 09, 2014, 11:45:36 AM |
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the newest wallet is not working, stopping at block 8,499. oh, god, can you really fix it pls ? +1 no answer? also block explorer is not available +1 Wallet is definitely stuck on block 8499 even after complete blockchain resync. This needs fixing pronto! Only for windows wallets, linux is going nice over that 8499 without problems.
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Let's make a change. Change makes you better. Change makes you smarter. Change makes you healthier.
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IntroVert
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April 09, 2014, 12:00:43 PM |
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yes, give my IPO BTC back . now who will mine it ? no profit! but lose eletric power cost!
Initial public offering (IPO) or stock market launch is a type of public offering where shares of stock in a company are sold to the general public, on a securities exchange, for the first time. Through this process, a private company transforms into a public company. Initial public offerings are used by companies to raise expansion capital, to possibly monetize the investments of early private investors, and to become publicly traded enterprises. A company selling shares is never required to repay the capital to its public investors. Guys, when you invest in something like this you're taking a risk. That's the very nature of it. If it was a case of "make a profit, or your money back" then everyone would do it. But everyone doesn't do it... because it's risky. Because stuff like this happens - and you don't always make your money back, never mind make a profit. You all need to stop crying about it and move on. And stop sending money to random people on the internet and then throwing a hissy fit because they won't give you it back. I agree with your points. BUT. The information about the coin is not 100% or even 50% match to the reality. YES, the investors should understand all the things about the coin before they invest in. BUT the reality does not match their understanding.  Actually non of us expect this result. You cannot expect anything else but FUD when the dev team has stopped communicating to us here. There is absolutely nobody that is trying to do any damage control related to people's perceptions. You are trying, but you do not have enough information. I understand they are trying to save a sinking ship, but I am certain that not all of them (or whatever has remained of them) are needed on freenode to fix problems. This coin has the stigma of incompetence that it has to get rid off. The technology related one has been on display and nobody can deny it. I am suprised at the communications one which is becoming evident. I am also surprised that nobody on the team understands they have everything to lose from shutting us out of information in case they were ever serious about developing this coin. It is perfectly understandable how someone would feel scammed at this point. There have stopped talking to us while ago. We will find out soon enough whether it was by design or they are just completely overwhelmed and inexperienced in treating crises situations.
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IntroVert
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April 09, 2014, 12:02:41 PM |
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the newest wallet is not working, stopping at block 8,499. oh, god, can you really fix it pls ? +1 no answer? also block explorer is not available +1 Wallet is definitely stuck on block 8499 even after complete blockchain resync. This needs fixing pronto! Only for windows wallets, linux is going nice over that 8499 without problems. Thank you for correcting me, I updated my post to refer to Windows only.
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yanglei504
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April 09, 2014, 12:07:55 PM |
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love WATER, hope more and more promotions will coming soon.
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IntroVert
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April 09, 2014, 12:11:45 PM |
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@Introvert.....I have suggested this more than once and never got any type of reply.
I think they have just two options:
1. Give back the PLC money to the investors and let the coin die, or.. 2. Do as we both have suggested and use the PLC BTC to buy up all these dumped coins and get prices stabilized.
Some would think giving the PLC BTC to the charity would be option 3, but it isn't really an option at all. The investors did so to get a viable coin with a decent ROI. They did NOT donate to charity. If donating to charity was their intent, they could have done so directly.
I agree with you and would like to go for option 2, and I really don't care about 1. I am definitely willing to hear any other ideas that the Dev Team might have in due time. Thank you for your involvement and support of this coin! I thought that was a good idea the first time you suggested it. The devs can turn the IPO in to a MUCH bigger IPO buy buying millions of the inflationary coins cheap to drive up price due to more limited supply. So yeah, buy up most of the WATER with the IPO and let it start staking while they do the things they were already going to do. Stake would be pretty massive. They only got about 20 BTC. Just assume the price can go up to 10 times, 80 sat, although I think it is too hopeful. It is still far from the original price, ~300 sat. Also we need other supporters for the price in order to make it stable.  The market now values all WATER issued at 47 BTC (470M WATER * 10 satoshi). The dev team holds capital of 20+ BTC against that market cap. That is pretty sizable coverage of over 40% and they can be a big market player at this capitalization if they wish. Now, nobody says they need to burn all PLC BTC for this. But, in my view, they need to buy enough to stabilize the price of the coin, regain control as much as possible and use part or all of it to build up the community. I am sure the Dev Team didn't think they would need to engage in "market manipulation", but that is a cost of this mistake. Nobody should expect to see 200-300 satoshi fast with this number of coins. Only with building up and support of the community we might get there eventually, and that's not guaranteed. Probably 40 percent of the coins that were mined from block 7000-8000 were orphaned because hashing.at (who had the most hashing power) forked. Some of the coins mined on suchpool didn't make it to miners wallets either. Those coins are gone forever. So, actually there are alot less than 470M water in circulation right now. Who knows the actual number though. I would guess about 300M.. maybe less. I totally agree. I lost nearly a half million at hashing.at and couple hundred K more at suchpool.pw To be fair, I lost way more than I received from either pool. I also really think the 470m figure is grossly overstated. Is there a way to determine exactly how many coins are out there? In the absence of a working block explorer, the best answer I can offer comes from the console of the windows wallet which is currently stuck at block 8499: "moneysupply" : 472698603.76070100 Who knows how much of that is in people's hands. And I feel you about hashing.at, lost myself coins there mined after the block 7000 fork. As they are still down, I cannot even withdraw the pre-7000 block coins that I see I have there. Beautiful.
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