Category Archives: math

2BACCO Coin Road Map Clarified

2bacco coin, The Smoker Friendly Coin, 2baccocoin
2BACCO Coin Road Map Clarified, New Mining Pool, Advertising For Dev and Stores to buy cigarettes with 2bacco coins
Lots going on with 2BACCO Coin, below are a couple of quotes from the 2bacco coin announcement thread at bitcointalk, with

1- the 2BACCO Coin Road Map clarified,

2- A New Mining Pool to mine 2bacco coins,

3- Advertising for a 2bacco developer and of course

4- Advertising for stores to accept 2BACCO Coins, Smokers need to have stores to buy cigarettes and pay with 2bacco coins

https://bitcointalk.org/index.php?topic=1096693.msg11917029#msg11917029

author=glen123
from a vapor to a smoker ;D
http://gcpool.eu/2bacco/public/
Have Fun

Thank you for adding a 2bacco coin mining pool

I added a second part to the 2BACCO Road Map in the op.
2BACCO Road Map part 2 (these are estimates only)

To enable processing transactions, there are two early hurdles for 2bacco coin:

1- enabling the buying of one pack of cigarettes from a local store, paying with 2bacco coins DONE
2- enabling the buying of 3-4 cartons(the minimum order size of online cigarette websites) paying with 2bacco coins…
2bacco is able to process transactions for 1 pack of cigarettes.

3-4 cartons = 0.5 to 1 btc = $140 to $280 approximate estimates (with btc trading at approx 250-300)
That is the amount of money that will need to be sitting in buy orders, ready to do the processing of the minimum buy orders of 3-4 cartons of cigarettes.  Some locations might be more or less expensive.

My estimates of what that means for the price of 2bacco coins?
low ranges: 750 to 1000 satoshi
high ranges: 10,000 or more satoshi

2bacco coin will likely move up into the top 50-100 coins to coincide with becoming enabled to process the minimum cigarette orders sizes.
These price estimates are just to process the minimum buy orders of 3-4 cartons of cigarettes.
There should be upwards pressures on the price of 2bacco coins on exchanges after achieving the liquidity required to process the minimum orders, because the intent of 2bacco coin is to grow and to be able to process larger orders than just the minimum.

(There are alot of factors involved, these are just speculative estimates I showing here)
If/when 2bacco coin becomes enabled to process 30-40 cartons of cigarettes continually having liquidity sufficient to do that on exchanges, then 2bacco coin should move up into the top 5 or 10 altcoins, and might even become the number 2 coin overall,
second only to bitcoin.

TOBACCO GOLD

**************************************************************************************

https://bitcointalk.org/index.php?topic=1096693.msg11909405#msg11909405

I am Paying 2500 2bacco coins for 4 tweets and 1 retweet at twitter
https://bitcointalk.org/index.php?topic=1127333.0

Thread at bitcointalk.org try to find a developer for 2bacco(below)
2BACCO Coin Developer Needed, Pays 500,000 2bacco to start
https://bitcointalk.org/index.php?topic=1126898.0

Thread at bitcointalk, to find Cigarette Store/website to accept 2bacco coins
Store Owners I Have 2BACCO Coins & WTB Cigarettes From You
https://bitcointalk.org/index.php?topic=1116421.0
I thank all the smokers out there, for your continued support of 2bacco coin,

The Smoker Friendly Coin

As more smokers buy their cigarettes with 2bacco coins, then 2bacco coin will become an ever more successful crypto currency
****************************************

Thank you for reading at internetcoin.wordpress.com



 

 

Here are some links to 2bacco coin webpages on the internet:

http://2bacco.com  For 2bacco information or to download the 2bacco wallet

https://twitter.com/2bacco_2bacco  Twitter account for the 2bacco developer

https://bitcointalk.org/index.php?topic=1096693  2BACCO Coin announcement thread at bitcointalk

 

EXCHANGES, places to buy or trade 2bacco coins:

Yobit.net

https://yobit.net/en/trade/2BACCO/BTC

People can also play DICE with 2bacco coins at Yobit.net

2BACCO coin Dice: https://yobit.net/en/dice/2BACCO

 

MINING POOLS:

Pool: https://pool.mn/2bac

http://gcpool.eu/2bacco/public/

MP HOSTING, www.mp-hosting.co.ukMP Hosting 
Pool hosting http://www.mp-hosting.co.uk
http://151.80.206.102

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Smartcoin – Thinking of Starting A Smart or Smartcoin Business

Thinking of starting a ‘Smart’ or ‘Smartcoin’ business?

smartcoin_simply_smart
Here are some ideas:

Smart Advertising Service
Smart IT
Smart Engineering
Smart Crypto Finance
Smart Jobs
Smart Electronics

Rearranging the smart and coin:

Smartcoin Advertising Service
Smartcoin IT
Smartcoin Engineering
Smartcoin Crypto Finance
Smartcoin Jobs
Smartcoin Electronics

And another arrangement:

Smart Advertising Services by Smartcoin
Smart IT by Smartcoin
Smart Engineering by Smartcoin
Smart Crypto Finance by Smartcoin
Smart Jobs by Smartcoin
Smart Electronics by Smartcoin



Helpful smartcoin links below:

Smartcoin Main Websitethis website will help you to download the smartcoin wallet
http://smartcoin.cc

Smartcoin main thread at bitcointalk.org
https://bitcointalk.org/index.php?topic=675821.0

Smartcoin Advertising Services thread at bitcointalk.org
https://bitcointalk.org/index.php?topic=960891.0

Netcoin Tops the leaderboards at Cryptsy.com

Netcoin Amazes by Rocketing to the Top of the Leaderboards At Cryptsy.com  – Feb 18-19, 2015

Netcoin picture

Netcoin_Top_of_leaderboard_at_cryptsy_feb_19_2015

(It is a little hard to read the above image, but you can click and view the image on a different page to see more clearly the netcoin on top at cryptsy)

On February 18, 2015, Netcoin was in the number 1 position on the leaderboards at cryptsy.com but the image above is from February 19, 2015, still showing Netcoin in 2nd place on the leaderboards.

Not much to say, Netcoins rise does all the speaking, and with continued optimism, hard work and support, especially from the netcoin foundation, who knows what netcoin might accomplish in the future.

Below are a couple of links, if you want to find out more about netcoin, and have a little time to spare to do some reading:

netcoinfoundation.org  This page will show you some exciting stuff about netcoin and the netcoin foundation. Note: you will need a netcoin wallet if you want to buy some netcoins

forum.netcoinfoundation.org  This is the netcoin forum, people can join and participate, ask questions and have fun posting

To Buy Netcoins: cryptsy.com/markets/view/134  – cryptsy.com is a big cryptocoin exchange where you can buy netcoins, look for the ticker symbol NET

Smartcoin – perhaps one of the most undervalued coins at cryptsy currently

Apparently, the original creator of smartcoin decided to quit working for smartcoin,

and then people sold their smartcoins and the price of smartcoins went down on the exchanges.

But, the old saying ‘someone elses loss, is someone elses gain’ may be true with smartcoin.

The low priced smartcoins gives investors the chance to buy in cheap, and help

to rebuild the smartcoin community, and by doing so, there ought to be increases

in the price of smartcoins on the exchanges, and people who do that will

get some nice profits I think.

Smartcoin has recently been trading at under 100 satoshi per coin,

which is way low priced, with only 24.5 million smartcoins all-time,

Smartcoin could easily be trading 10x to 100x that price, and float

there on a regular basis.

So, this may be a great opportunity to get in really cheap, and make 10x or more your investment.

I see that smartcoin has a really good name for the coin, and that can make for

some really good opportunities for smartcoin, if everything aligns well, and

smartcoin continues to have a talented dev working for smartcoin,

and it seems that psionin(the current dev of smartcoin) is talented.

Smartcoin is traded at cryptsy.com with the ticker symbol of SMC

https://www.cryptsy.com/markets/view/158

For information about Smartcoin or to download the smartcoin wallet,

there is the main smartcoin website at:

smartcoin.cc

Below, is the smartcoin main thread at bitcointalk.org

https://www.bitcointalk.org/index.php?topic=675821



I have copied and pasted the Original Post from Psionin(dev) at bitcointalk, from the smartcoin main-thread,

for anyone who is interested below:

psionin

Full Member
***

Activity: 160

View Profile

Ignore

July 03, 2014, 09:45:41 AM
 #1

Countdown to SmartCoinX11

About 3 days remain until the X11 fork. If you have not updated
to 0.9, please do so as soon as possible.  –July 20

X11 mining has been successfully tested and is scheduled to start on
July 24, 2014 at 00:00 UTC. Included with this change is a block subsidy
reduction to 16 coins per block and a block spacing time increase to
2 minutes. The repository code has been updated and a new Windows
wallet can be downloaded here. –July 15

Testing is currently in progress for the X11 fork.  –July 14

A new client has been released, which includes about a year of Litecoin
code updates, resulting in much better performance and stability. Included
is an update to Qt version 5, network protocol changes, and more. A unique
ECSDA key has been added to the source, and a DNS seeder set up to
resolve the reported sync issues. Please note that the version number
has been reset to a lower value so that it can be incremented correctly.
This non mandatory update can be downloaded here.  –July 5

An updated client is scheduled for release in the near future, which would
have the recent Litecoin code, a switch to the X11 mining algorithm, DNS
seed updates, and other miscellaneous changes. SmartCoin has successfully
launched in February, has gone through a fork and a post launch period,
and is currently under continuous development. Thank you to everyone who
has supported SmartCoin thus far! Please stay tuned and check back here
for more info.  –July 3

Original thread: https://bitcointalk.org/index.php?topic=400893.0
Post-fork thread: https://bitcointalk.org/index.php?topic=555426.0
Current thread: https://bitcointalk.org/index.php?topic=675821.0

Source code: https://github.com/psionin/smartcoin
Windows wallet: https://github.com/psionin/smartcoin/releases/download/0.9/smartcoin-0.9.zip
Mac wallet: https://github.com/psionin/smartcoin/releases/download/0.9/smartcoin-0.9-mac.zip

Main website: http://smartcoin.cc/
Alternate website: http://www.smartcoin.me/

Block explorer: http://lavastorm.net:2750/chain/Smartcoin
2nd explorer: http://stonedpuppy.com/explorer.php

Faucet: http://drip.stonedpuppy.com/smc/

Exchanges
Cryptsy: https://cryptsy.com/markets/view/158
AllCrypt: https://allcrypt.com/market?id=230
Xnigma: https://xnigma.com/markets/view/15

Config

Code:
server=1
daemon=1
rpcport=58583
rpcuser=yourusername
rpcpassword=yourpassword
rpcallowip=127.0.0.1
addnode=46.4.32.195:58585
addnode=62.156.25.168:58585
addnode=198.199.106.114:58585
addnode=23.22.1.69:58585
addnode=69.136.244.214:58585
addnode=192.99.7.23:58585
addnode=74.195.41.253:58585
addnode=144.76.64.123:58585
addnode=46.71.175.246:20948
addnode=178.43.245.75:48000
addnode=193.19.185.204:3081
addnode=66.66.20.178:49473
addnode=86.23.118.122:51876
addnode=82.147.128.94:60763
addnode=72.209.39.24:56290
addnode=82.217.44.56:60146
addnode=46.71.175.246:20948

PoW Algorithm: Scrypt / X11 after July 24
Block Interval: 40 seconds / 2 minutes after July 24
Difficulty Retarget: every block (Digishield)
Total Coins: ~24.5 million

Block 1: 400,000 SMC
Block 2 – 999: 1 SMC
Block 1000 – 199,999: 64 SMC
Block 200,000 – 299,999: 32 SMC
Block 300,000 – 562,799: 16 SMC
Block 562,800 – 825,599: 8 SMC
Block 825,600 – 1,088,399: 4 SMC
Block 1,088,400 – 1,351,199: 2 SMC
Block 1,351,199 – 1,613,999: 1 SMC

Coin subsidy halves every year after block 300,000.

https://www.miningpool.co
http://smc.e-pool.net:8960/static
http://www.cryptovein.com/coins/SMC
http://smart.minerpools.com/
http://smartcoin.stonedpuppy.com/