Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: mokimarket on April 05, 2013, 02:48:55 PM



Title: Timecoin
Post by: mokimarket on April 05, 2013, 02:48:55 PM
How about a coin that disappears if it is not spent after a certain amount of time.

This would encourage transactional use of the coin instead of hoarding.


Title: Re: Timecoin
Post by: strunberg on April 05, 2013, 02:50:32 PM
Most of us are here for a quick buck. It won't work for investors as well.
When I say investors,I'm talking about wall street for the crypto the coin that stands above others when the time comes.


Title: Re: Timecoin
Post by: TECSHARE on April 05, 2013, 03:16:25 PM
Friecoin already kind of does this with built in demurrage. I don't think many people want to deal in an evaporating currency, hence everyone selling fiat for crypto.


Title: Re: Timecoin
Post by: funnow on April 05, 2013, 03:20:45 PM
Better use another name, because a cryptocurrency called Timekoin exists.


Title: Re: Timecoin
Post by: sangaman on April 05, 2013, 03:20:51 PM
People can just send coins to themselves to avoid a deadline. Also it seems like the name Timecoin or variants of it are quite popular around here.


Title: Re: Timecoin
Post by: Praxis on April 05, 2013, 03:38:24 PM
People can just send coins to themselves to avoid a deadline. Also it seems like the name Timecoin or variants of it are quite popular around here.

https://i.imgur.com/bgnWh5T.jpg