Bitcoin Forum

hey i found that reddcoin is become commercial currency.
facebook and Twitter use it as a payment currency.so what price will become reddcoin in 2years.will this uniformly increase?

Hi mate unfortunately but I don't have any idea about this coin but your thread got my interest when I read that this alt already been use for payment on both two largest social media site, would you mine sharing more info about this coin? I think if this one has been commercialized the possibility of making this in the near future is big. increase will be depend of the numbers of demand just the same with other coin.

Also, CLDMIne added already reddcoin on thier mining  list and you can start mining now. Glad to know that these two biggest company are using reddcoin,now i will start collecting this coin. ;)

REDD will go the same path it has always gone. The price ill be low, a few satoshis and once the whales have finished accumulating they will create a pump and support the move up. Once they reach their target they will start selling off to the new traders who are looking to join the pump. Whales make money and once the price falls back to a few sats the whole process repeats itself, its an endless circle of money for those whales. Unlikely that they will quit doing so because it is way too easy to profit like that,

It is important to know who the developer is and in terms of money and as well as connections.The coin has a very large supply and i don't think it could reach a farily high price like Ether,dsh or litecoin but still it might be worthy if you could grab huge amount and sell it for some satoshi profit cause it moves upto 50% price very often.

The supply does not play a role at all.

When the price rises by 100% then you have the same value, not matter whether you bought 1 coin for 1$  or 1,000,000 coins for $1.

you may want to check the charts if you're still waiting for that pump..

finally back at the levels i bought in at way back when. :)

RDD is one of those coins with massive supply (almost endless :D) that can never be of any success in price if that is what you are looking for.

although as edmundduke said above sometimes a whale comes by and pumps the coin from 5 satoshi to 10 satoshi, which is a real huge profit if you have RDD but you have to keep your money static for a long time (month even a year at a time) in order to reach this profit!

Reddcoin is Proof of Stake. You can't mine it...

You have reddcoin in your wallet, you enable the wallet for staking, and then you mint coins (at about 5% per annum)

I've bought some of them after exploring more about it, now let's just hope for a price pump! ;)

which one ? redcoin (came out first) or reddcoin ?

it was and is a crappy me too coin.. one of thousands.

why did they NEED to make it?
couldn't they have just used LTC or...

and when will redddcoin come out?

How about DDogeCoin
or BBitcoin?
EETHEREUM ?

Hey what eva flotas your boat shitcoin'ers.. your the "speculators" here wit da mad smartz  :D

Shit bruh yoo see dem linetrendz dawg?

where can i see the link where facebook and Twitter use it as a payment currency?

I think Yobit gives this coin away as a freebie if I'm not mistaken.   Just like hundreds of others and like those coins, redd is headed for the boneyard.  Does fb and the social media sites actually use this to any extent?

I don't think any good improvement with Redd. Besides, trading speculations, there is no movement in the community. Only very few people are talking about. The reddit page and irc is completely dead.

The extra "d" in Reddcoin is because it was made with Reddit in mind. You've probably heard of it. Used  by tipbots and such.  They probably did not "need" to make it any more than they needed to make a lottocoin.

its however on the top hundred in the marketcap

Same as the 99 other coins. Although RDD has been gaining on volume this past few days.

I guess shitcoin investors would still be giving a shit about this reddcoin, I could by just few thousands and dump them once i get to gain just about enough ;D I can see it on exchange sites that i can buy it for just about 0.00000014 btc this won't hurt my butt if i lose 0.05 in case it won't going to work. it seem to be making a big fuzz if social media sites are going to use them.

no one mentions the real value
microtransacts
RDD has consistent solid supports

and social media platform which all the new new ICO of the week flout

May be reddcoin price can go up in next 6 months, max 1 year. So it can be promising crypto.  ;)

Most microtransactions are done via Doge. What does redd offer that doge does not?

proof of stake and a community that isn't meme-tastic.

reddcoin will update new wallet soon i think we can reach 20sat again

i guess alt_Doge
+plus easier to acquire blockchain [if you use pain of downloading measures]
+you get paid to stake, whereas Doge is you pay the ASIC network (so choice)

The stake rate is very very low
only 5% per year.

grr i havent been staking as often lately.. even though i have older coins.

The stake is low. More importantly, for a "social coin" that has been going for two years, not many people use it. See

https://bitinfocharts.com/

In the last 24 hours there were 13,343 doge transactions but only 2,781 RDD transactions. That's poor.

I have been staking a lot of wallet and 5% staking rewards is not attractive for those who wants to stakes coin had a coin here that gives me 100% and my profit here is huge

But isn't that what we have dogecoin for, microtransactions and tipping?  We really really don't need reddcoin.  We probably don't even need doge either but that's another story.

It could hit 30 - 40 sat again.

if te facebook and twitter has added it to their payment system then it means that they are going to support it to give it a bright future, the people about all over the world are now on facebook and twitter, so reddcoin is introduced to all of them now people will try to search for it and will continue to learn about that coin, and so will be established in the future if they continued to support it.

sold out my rdd at 8sat and waiting at 2sat

How much reddcoins do I need to be able to stake in a wallet? do I need to keep my wallet open?

same here regretting selling reddcoin early