Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: solracx on September 21, 2013, 11:29:49 PM



Title: [ANN] ZenithCoin (ZTC) Now Available for Purchase!!
Post by: solracx on September 21, 2013, 11:29:49 PM
Visit:

http://www.zenithcoin.com/?product=buy-zenithcoin

to purchase ZenithCoin.

Quantity is limited.



Title: Re: [ANN] ZenithCoin (ZTC) Now Available for Purchase!!
Post by: claycoins on September 21, 2013, 11:35:38 PM
price is a bit high.


Title: Re: [ANN] ZenithCoin (ZTC) Now Available for Purchase!!
Post by: fendlestick on September 21, 2013, 11:45:37 PM
Quote
This is a demo store for testing purposes — no orders shall be fulfilled.
hmmm. Error?


Title: Re: [ANN] ZenithCoin (ZTC) Now Available for Purchase!!
Post by: solracx on September 21, 2013, 11:55:40 PM
Quote
This is a demo store for testing purposes — no orders shall be fulfilled.
hmmm. Error?

Thank you for pointing this out.

The notice has now been changed.



Title: Re: [ANN] ZenithCoin (ZTC) Now Available for Purchase!!
Post by: fendlestick on September 21, 2013, 11:56:07 PM
Welcome buddy, good luck with your store!


Title: Re: [ANN] ZenithCoin (ZTC) Now Available for Purchase!!
Post by: solracx on September 22, 2013, 12:27:00 AM
price is a bit high.

Well, at least not outrageously high.   I think it is priced just about right.


Title: Re: [ANN] ZenithCoin (ZTC) Now Available for Purchase!!
Post by: TheSpiral on September 22, 2013, 12:35:11 AM
I'll sell at 1/10 of this if anyone is interested.
0.0005 each
100 for 0.045
1000 for 0.4


Title: Re: [ANN] ZenithCoin (ZTC) Now Available for Purchase!!
Post by: claycoins on September 22, 2013, 12:52:47 AM
price is a bit high.

Well, at least not outrageously high.   I think it is priced just about right.


Is this the coin where half the rewards go to you?


Title: Re: [ANN] ZenithCoin (ZTC) Now Available for Purchase!!
Post by: solracx on September 22, 2013, 12:59:37 AM
price is a bit high.

Well, at least not outrageously high.   I think it is priced just about right.


Is this the coin where half the rewards go to you?

Please read the FAQ:  http://www.zenithcoin.com/?p=46

What coins influence the design of ZenithCoin?

ZenithCoin is similar to Devcoin and Freicoin, however the percentage distributions are different.    The Proof of Work scheme comes from Litecoin.



Title: Re: [ANN] ZenithCoin (ZTC) Now Available for Purchase!!
Post by: Hydroponica on September 22, 2013, 01:52:24 AM
price is a bit high.

Well, at least not outrageously high.   I think it is priced just about right.


Is this the coin where half the rewards go to you?

Please read the FAQ:  http://www.zenithcoin.com/?p=46

What coins influence the design of ZenithCoin?

ZenithCoin is similar to Devcoin and Freicoin, however the percentage distributions are different.    The Proof of Work scheme comes from Litecoin.



lol, oh man, so you offer BTC, for ZTC that is held, you tax 50% of every block mined, and now you are trying to sell that tax? Yeah, no scam here. ::)


Title: Re: [ANN] ZenithCoin (ZTC) Now Available for Purchase!!
Post by: emerefer on September 22, 2013, 02:20:41 AM
price is a bit high.

Well, at least not outrageously high.   I think it is priced just about right.

Then how bout you buy mine for .0025?


Title: Re: [ANN] ZenithCoin (ZTC) Now Available for Purchase!!
Post by: exnom on September 22, 2013, 02:22:58 AM
lol, oh man, so you offer BTC, for ZTC that is held, you tax 50% of every block mined, and now you are trying to sell that tax? Yeah, no scam here. ::)

Ask the hard questions instead of screaming scam, like if these coins are from tax or not, total tax is quite easily calculated and there must be a tax account and there is a block explorer, will the income from sales be used for something benefical to the coin etc and so on. There are intelligent questions to ask or constructive arguments to be made instead of "lol", "scam" and "yeah"...


Title: Re: [ANN] ZenithCoin (ZTC) Now Available for Purchase!!
Post by: solracx on September 22, 2013, 12:09:29 PM
lol, oh man, so you offer BTC, for ZTC that is held, you tax 50% of every block mined, and now you are trying to sell that tax? Yeah, no scam here. ::)

Ask the hard questions instead of screaming scam, like if these coins are from tax or not, total tax is quite easily calculated and there must be a tax account and there is a block explorer, will the income from sales be used for something benefical to the coin etc and so on. There are intelligent questions to ask or constructive arguments to be made instead of "lol", "scam" and "yeah"...

It is illogical to say that a 'mining tax' removes value from a coin.

Say you have 2 coins,  coin A which you get 50 coins per block and coin B which you get 25 coins per block and the other 25 goes to the DEVS.

So when these 2 coins hit the exchanges, assuming all being equal coin A will have twice as many coins as coin B.

However, is coin A have the same value as coin B?

Coin B could be twice as valuable or ever greater than coin B because it has a built in maintenance fund.

So even if the miner of coin A has twice as many coins,  it may not be worth as much the miner with coin B.

This is also like comparing IFC (infinite coin) where each block creates hundreds of thousands of coins....   should have millions of IFC be worth more than someone who has a few BTC?     

Ultimately, does not matter how many coins you have or mine.... what matters is the value of each coin!

Complaining that a miner gets half of the coins per block is like a miner complaining that only 25 coins are created per block instead of 25,000.

Completely illogical.


Title: Re: [ANN] ZenithCoin (ZTC) Now Available for Purchase!!
Post by: usahero on September 22, 2013, 12:40:26 PM
solracx is completely illogical.