Bitcoin Forum

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Firstly, this IS NOT a spoof ShitCoin (scatologically speaking, of course  ::)), nor an attempt to add yet another ShitCoin to the leagues of shitcoins... run amok by scaramouches of questionable ascendancy, disrupting the delicate balance in all of cryptocurrencyland (non-bold text borrowed from Melville (http://books.google.com/books?id=d4VNAAAAYAAJ&pg=PA273&dq=%22that+the+scaramouch+in+question%22&hl=en&sa=X&ei=qucQVIa0I8GkyAS6qIHgBQ&ved=0CCYQ6AEwAQ#v=onepage&q=%22that%20the%20scaramouch%20in%20question%22&f=false)).

Secondly, see firstly. ^^{^^}

Turdly, ... v_vv

Duly note, if a 93-year-old-company's (http://en.wikipedia.org/wiki/White_Castle_(restaurant)#History) ongoing PR campaign proudly refers to its hamburgers as Sliders, coupled with their promotional literature resounding the commonly held belief that "the full impact of eating White Castle hamburgers normally isn't felt until the day after," (http://articles.chicagotribune.com/1991-02-25/features/9101180360_1_five-holed-hamburger-belly-busters/2) then a primarily PoBurn (https://en.bitcoin.it/wiki/Proof_of_burn)-based cryptocurrency - ÇoinProLite (ÇPL) - should have no problem espousing florid verbiage - Sçhit, et al. - in its didactic copy. Recollect, thanks to the advent of Jiaozi (http://www.chinaculture.org/gb/en_aboutchina/2005-06/23/content_69989.htm), we're now all sailing Montezuma's revenge together, individually navigating the Sea of Fiat via poles-apart Jack Sparrow moral compasses (regurgitated for shitheads who love having their analogous sentiments echoed  8)).

That spewed, what the fuck's all this Sçhit about? http://tennesseewx.com/Smileys/default/icon_shit.gif <I love the smell of freshly minted Sçhit in the morning... Someday this crypto mining's gonna end...>

Noteworthy!: ÇoinProLite DID indeed start off as a spoof ShitCoin first introduced here: https://bitcointalk.org/index.php?topic=718358.0 (now locked). Granted, this OP depicts characteristics of spoofness but, rest assured, that's not what's afoot! Silliness, on the other paw (less favored for wiping), well... http://www.gif-paradies.de/gifs/natur/sonne/sonne_0037.gif


See FAQ below to appreçiate how the branding of ÇoinProLite was çogitated.

Scrubbing Bubbles to the Rescue: <Quick aside: I remember a late poker dealer who dealt at Excalibur in Las Vegas named Bubbles - RIP.>



To put the above content in context as it pertains to ÇoinProLite:

• ÇoinProLite will utilize a PoBurn (https://en.bitcoin.it/wiki/Proof_of_burn) protocol to manage the orderly transitions of the myriad SçhitCoin Sçhit (once made available/meets a minimal criteria/transfer mechanisms are in place/etc.) to ÇPL (ticker symbol) via an über-fair Analytical Hierarchy Process (AHP).
• ÇoinProLite will meld variants of PoBurn (https://en.bitcoin.it/wiki/Proof_of_burn) [Proof-of-Burn] with PoC'sus (https://s3.amazonaws.com/cryptocredits/Crypto+Credits+White+Paper+v0.1.pdf) [-Consensus] and PoS (http://bitcoinmagazine.com/6528/what-proof-of-stake-is-and-why-it-matters/) [-Stake] protocols in lieu of PoW (https://en.bitcoin.it/wiki/Proof_of_work) [-Work], et al., constituting a hat-trick http://fc01.deviantart.net/fs70/f/2010/163/d/9/Kirby__s_Hat_Trick_by_AlteirBlack.gif (tribrid, as it's referred to in the cryptocurrency space) for block generation, securement of the network, and distribution.
• Security of those far-flung-pinin'-for-the-fjords (think dead parrot (http://en.wikipedia.org/wiki/Dead_Parrot_sketch)) shitcoins won't be an issue as long as their blockchains were functional at time of burn, thus allowing proof-of-burns to be recorded on ÇoinProLite's blockchain depicting the documented txouts associated with its key-pairs. Once a SçhitCoin's blockchain ceases to function or exist, its Sçhit CAN'T be convertible to ÇPL, further cementing the Uuniversal Rundle notion that a cryptocurrency's value is in its blockchains, including those of shitcoins.
• Queue position while awaiting placement for subsequent blocks for conversion from Sçhit to ÇPL is determined by the ages of a SçhitCoin (release date) and its Sçhit (timestamp of tx), with the former taking precedence over the latter (e.g., two distinct shitcoins vying for position), during the AHP due to it having more weight in the set parameters of the algorithm, among other determinants.

Specs; Innards & Guts: <To gift hard-ons to geeks who can't get enough...>

ÇoinProLite is a tailor-made peer-to-peer tribrid cryptocurrency, integrating PoB/PoBurn [Proof-of-Burn], PoC/PoC'sus [-Consensus] and PoS [-Stake] components. No mining is involved, but owners of ÇPL wallet addresses will maintain limited client nodes of the blockchain until their balance on account reaches zero, thus vouchsafing the security of the network during the interim of possessing and transacting ÇPL.

• Ticker Symbol: ÇPL (CPL if such spelling is disallowed on cryptocurrency exchanges)
• ÇPL Sign: ^ç (Superscript Small Case Ç), e.g., 42^ç, 314^ç, 1337^ç, etc.
• Maximum ÇPL: 2,825,625,600 (256[ÇPL] x 60[m] x 24[h] x 365[d] x 21[y])
• Block Forging Schedule: 1 every exactly 60 Seconds
• ÇPL per Block: 256
• Minimum Exchange Rate per ÇPL to Purchase YTC (discussed below): $.01 (1 US ¢ent), exchange at multiples of such, thus always resulting in a whole number expressed in ¢ents or dollars & ¢ents, i.e., $3.14.
• # Decimal Places: Ø - All ÇPL are rounded up (never down) to the nearest whole number - when any resulting calculations warrant such - since we're only talking about a fraction of a US penny/¢ent. (i.e., 3.14^ç = 4^ç)
• Halving Schedule: N/A
• Difficulty Adjustment Schedule: N/A
• Mining Port: N/A
• PoBurn (https://en.bitcoin.it/wiki/Proof_of_burn) Premium: 36% awarded immediately
• % take for R&D, Bounties, etc., per Generated Block: 21.875%, or 56 ÇPL
• Stake Payout: .5% per month after 90 days, calculated daily (Midnight(?) GMT) thereafter, sans penalties for early withdraw, et al.
• Stake Reserves: 3% (placed in a singular dedicated ÇPL wallet address)
• # Pre-mine, Instamine, etc., Coinage: Ø
• White Paper: N/A at this penning, but foresee paying a bounty to have one drafted
• Confirmation Time: Instant from ÇPL to YTC (virtually instant for all other transactions)
• tx Fees: Ø

<The following image may, or many not, act ONLY as a placeholder till...>


<...more shit's added.>

Exiting the Privy: <Assman (https://www.youtube.com/watch?v=tujqM2u-BVo) or: Learn How to Free up Memory on your Hard Drive and Love Dumping those Rotting Sçhit Wallets>

<shit forthcoming>

No apologies offered up for parading whimsical prowess herewithin, for that's how some folks roll.

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Q: Why the [cé cédille (http://en.wikipedia.org/wiki/%C3%87#Usage_as_a_letter_variant_in_various_languages)/c-cedilla (en)] Ç?
A: Every BitcoinTalk user must strictly follow all 285 Rules of Acquisition laid out by the first Grand Theymos, theymos. RoA 85 clearly states that all new cryptocurrencies launched on the BT forum must incorporate something French. It precedes RoA 86 (https://bitcointalk.org/index.php?topic=718124.0): Mining Pool advertising is not allowed on BT's cryptocurrency forum - unle$$ paid for! http://www.politicalbullpen.com/smile/emoticons/my2cents.gif Withal, think of it as the tail we humans lost from our backside through evolution, lest you're a tapeworm (http://skreened.com/render-product/k/z/q/kzqofhqnrvasisonokio/tapeworm.american-apparel-unisex-fitted-tee.white.w760h760b3.jpg) aficionado, once in a super- or Proxigean Moon musing such a secular notion.

Q: What's the baçkstory on the branding of this çraptraption - ÇoinProLite?
A: http://news.nationalgeographic.com/news/2014/07/140729-dinosaur-coprolite-paleontology-dung-fossil-auction/


http://s27.postimg.org/8kczi3vzn/Poop_Chain.jpg

National Geographic (http://www.nationalgeographic.com/) kindly showcased the first ever PoopChain (above).

Original Source: ENORMOUS AND RARE COPROLITE (http://www.chait.com/asp/fullCatalogue.asp?salelot=NH1407+++340+)

http://s28.postimg.org/r8j4t2bj1/Coprolite.jpg

After being sympathetic for the dude who doled out ten-plus large for probably a bogus turd  :'(, we envisioned how the ethos of a PoBurn (https://en.bitcoin.it/wiki/Proof_of_burn) protocol could remonetize in-limbo shitcoins. Savvy of how shitcoins are the "in" thing, we simply inserted "in" in coprolite and voilà! - more French. http://www.sherv.net/cm/emoticons/fighting/waving-white-flag.gif http://www.frenchapartment.org/smilies/flag_france.gif http://www.sherv.net/cm/emoticons/fighting/waving-white-flag.gif

Illustrated arithmetically: Coprolite + Ç (çhiefly, for Sçhits & http://www.sherv.net/cm/emo/laughing/free-laughing-smiley-emoticon.gif) + in = ÇoinProLite.

Q: Can you stool school us a wee bit about this PoBurn (https://en.bitcoin.it/wiki/Proof_of_burn) thingy, for it feels like hemorrhoids?
A: Proof of burn (https://en.bitcoin.it/wiki/Proof_of_burn) ---> Coin-burning as a tool for transition between cryptocurrencies (https://en.bitcoin.it/wiki/Proof_of_burn#Iain_Stewart.27s_version_of_proof_of_burn) (the highlighted content is further expanded upon above this FAQ section)


Q: I'm not a big fan of white papers, hence asking, is there a PoC'sus (https://s3.amazonaws.com/cryptocredits/Crypto+Credits+White+Paper+v0.1.pdf) cryptocurrency that incorporates said hashing algorithm, whereupon I can scrutinize its readily available treatment?
A: Credits [CDT] (https://bitcointalk.org/index.php?topic=614917.0), of which its developer penned a PoC'sus White Paper (https://s3.amazonaws.com/cryptocredits/Crypto+Credits+White+Paper+v0.1.pdf) especially for the likes of you.  :P

Q: Not that I give a flying-poop about such poppycock (echoing others  ;)), but is ÇoinProLite green?
A: We see you probably wrote the questions Larry King once asked (https://www.youtube.com/watch?v=NZfUgVSfKdQ). http://cdn.niketalk.com/9/9e/50x50px-ZC-9e6db1cb_kramer-yeah.gif.pagespeed.ce.2IGOLV3a88.gif Regardless if ÇoinProLite embraces Think Green, et al., or not, the palate choice fits the implied objective and is conducive to promotion and marketing strategy, and there's no intense mining involved, hoping like fuck that satisfies your pie hole.

Q: Has something like ÇoinProLite been introduced before?
A: Dude, we're visionaries, not curators! http://message.snopes.com/images/icons/icon87.gif Surely, if such a critter (rhymes with shitter) exists in the wild, we would have stumbled upon it. Yet, if there's a similar crypto lurking about, we'll explore the option of embracing it like flies on shit. And, if it's on life support and fits ÇoinProLite's basal canon, we'll welcome its Sçhit on our ceramic platform.

Q: Playin' Devil's advocate, how do we truly know you're not just trying to scoop up some of our Sçhit?
A: Note, the founder of ÇoinProLite is a Lugan, and his forefathers gave and took plenty-o'-shit from Poles (or was it versa vicé?  :-\). Æther way, there's always room for more shit (bastardizing the hackneyed adage). Seriously, that's exactly what we intend to do: Scoop up your Sçhit! Post hoc, serve it back to you on a porcelain platter after its metamorphosed http://2.bp.blogspot.com/-wn2JzvyCmzs/UdCnCTQ7ntI/AAAAAAAAARE/53uq1Rl01Vo/s1600/th_green_butterfly.gif to ÇPL, subsequently formally trading on formidable cryptocurrency exchanges, thus dictating its worth on a continuous basis.

Q: I don't know! Something about ÇoinProLite just doesn't smell quite kosher. Can you put us a turd tad more at ease prior to us Sçhmuçks burning our precious Sçhit?
A: Yes! We're not incorporated in Romania. The domain name isn't registered in Panama. Our office address isn't some rent-by-the-hour facility in Bulgaria. We don't use a PO Box in Hong Kong. We don't operate from some Internet Cafe in Nigeria. This isn't some pre-order shit. Nobody on staff has the initials J.Z. or named Josh. We've vetted the shit outta ourselves. The protocol's open source (will be). There's free beer to get shit-faced on the fifth Thursday of every other month ending in a Y (Because we like you! M-O-U-S-E.). And, we sing, albeit off and only in the key of H, having also been known to oftentimes whistle movie soundtracks. http://www.piratesahoy.net/styles/emoticons/whistle.gif

Q: Utility?
A: Previously addressed with conventional mining's not involved, thus expending nominal electricity costs to secure the network.

Oopsie! Our bad! You meant the relative utility of ÇoinProLite.

• Traditional trading, akin to how a passel of cryptocurrencies in the wild circulate.
• The primary means to acquire Project Y's (not yet disclosed) YTC.
• Sçhit ---> ÇPL ---> YTC ---> c-c (crypto-commodity)
• Sçhit ---> ÇPL ---> ? (visualized as a Micro-IPO/ICO (Initial Crypto Offering) for future ventures seeking initial start-up $^$$)
• As outlined above (pruning the last bullet point), ÇoinProLite will eventually satisfy a finite ecosystem that fortunately enjoys a sustainable and prodigious viable community base, with most its members seeking to augment their current scanty revenue stream if they've opted in for the obtainable rewards program, namely YouTube creators (channel publishers, semi-revealing Project Y).

Q: Liquidity?
A: Like diarrhea! As touched upon above, ÇoinProLite's core utility will act as the primary means to acquire YTC, of which is not only non-colorful-metaphor-based, but will be highly sought by kowtowers (mainly virgin cryptocoiners  :-*) of YouTube creators.

The flowery part of ÇoinProLite's liquidity scheme is that those who'll burned their plethora of Sçhit to acquire ÇPL will have priority over those exercising other options made available to trade for/purchase YTC. News Flash: Early Adopters Win Again!

In essence, ÇoinProLite will turn those Pump-n-Dump pieces o' shit into a quasi-proverbial goldmine via Dump-to-Trump (D2T), predicated on subsequent trades being well-timed. At the very least, what once was Sçhit will regain some monetary value, becoming easier to exit one's cryptocurrency position to fiat, perhaps the more desirable option for some.

Once Beta (http://coinprolite.com/), further burgeoning cryptos will have the ability to follow suit, ergo more Sçhit to can via PoBurn (https://en.bitcoin.it/wiki/Proof_of_burn)-based start-ups, with ÇoinProLite leading the way. http://www.kamadoguru.com/public/style_emoticons/default/worship.gif We opted to take as much of the viable pire du pire Sçhit off the market as possible, leaving the crème de la crème (lower hanging Sçhit) for future concerns.

Q: To further expand the liquidity question, are you saying...
A: Yes! Virtually all holders of ÇPL will be able to liquidate their positions through our closed system with minimal risk - regardless of what ÇPL and YTC trade at on the exchanges - for the c-c aspect MUST perform with the utmost openness and integrity due to protecting the credibility of those representing each and every c-c.

Q: Participation?
A: We realize that's a colossal compost heap ÇoinProLite will have to hurdle: Convincing enough Sçhmuçks to trade-up their stagnant decomposing pieces o' shit to something of value. Nonetheless, we'll do our damndest to garner enough support from less fortunate Sçhmuçks willing to convert their compiled pH_C^- Sçhit to ÇPL, assuring a quickening to seeing the overall endeavor ripen, hence pullin' out all stops to fill the manure wagon, readying for rebroadcasting over a freshly plowed new field o' dreams. http://smileys.on-my-web.com/repository/Love/rose-178.gif http://i4.photobucket.com/albums/y126/pinkasu2/smileywinkkiss_zpsf8e75643.gif

Q: I'm almost sold on this ideal of ÇoinProLite, but how much is it going to cost me during the conversion process of my Sçhit to ÇPL?
A: Only -36%, as in negative -36%, as in you'll immediately receive 36% more ÇPL than what the future current exchange rate your Sçhit is trading at when you forward your Sçhit to enter the queue position to subsequently have the documented tx officially indexed on ÇoinProLite's blockchain. Once entering the official queue, a maximum of 72 hours will be the longest time any person will have to wait before a block is created depicting their burned Sçhit, anon credited to their pre-created wallet address with the appropriate ÇPL, via our AHP.

Q: Gulp! Not to shabby, but what about the PoS [-Stake] rewarding part?
A: We were going to make it 1%, but seeing that a mess of greedy clowns are probably lining up to take advantage of us from the get-go (obviously contrived), we've lower it to only .5% - a month (NOT YEAR!). This aspect will kick in after only 90 days of leaving ÇPL put, with no need to wait the full 30 days (1 month), thereafter, to receive a prorated portion of the maximum .5%/mo PoS payout: e.g., on the tenth day, you'll receive .165% of your wallet address' sum when you conduct your first transfer, or .665% on the 40th day, both examples automatically doled out after the first 90 day grace period upon transferring ÇPL.

To be clear, Proof-of-Stake is 6% a year, halved every year thereafter, thus roll accordingly. This, and the previous Q/A will be addressed in fuller detail prior to accepting any Sçhit.


Slow down there, mate! ÇoinProLite is only in pre-Alpha stage, although admittedly we love your enthusiasm, but suggesting you curb it nonetheless.

Q: What else can I purchase with ÇPL if I hand over my precious near-worthless Sçhit to ÇoinProLite?
A: Pizza (soon); Did I mention pizza?; And, hopefully, pizza; http://preloaders.net/preloaders/326/Pizza%20sliced.gif; Be part of history by donating ÇPL to the Yugo GV Frame-off Restoration Fund LLC. http://planete-smiley.com/images/Transport/transport.8.gif http://www.sherv.net/cm/emo/laughing/free-laughing-smiley-emoticon.gif

Q: Does this mean that developers of shitcoins will have an unfair advantage to monetize their premined Sçhit that they may still possess?
A: Au contraire, astute giimoozaabi! http://www.echotacherokeewolfclan.com/sitebuildercontent/sitebuilderpictures/tn_thanksgiving_indian-010.gif Conducting due diligence, along with some secret asshole-burning masala-laden sauce, will validate only non-premined/instamined Sçhit, sans any that may have been washed downstream on SçhitCoin blockchains, with same holding true for tainted coinage, et al. If, by happenstance, some wiseass succeeds in converting preXed Sçhit to ÇPL, their transaction WILL NOT be rolled back, but the culprit will be administered 314 lashes with a wet noodle when they raise their shit head in public. Harsh, yes, but necessary to keep them fecal-greaseballs at bay. http://www.gsmworldfive.com/forum/images/smilies/whip2.gif

Q: Will ÇoinProLite's White Paper be referred to as Toilet Paper?
A: “Please don't patronize us, you son of a bitch!” (http://books.google.com/books?id=VwV1dmu2M6oC&pg=PT192&dq=%22Don%27t+patronize+us%22&hl=en&sa=X&ei=dvDfU-bkDY6qyAStcA&ved=0CC8Q6AEwAw#v=onepage&q=%22Don't%20patronize%20us%22&f=false)

Q: I've just read the entire OP. Is there a Tl;dr version of this diatribe?
A: Funny you should ask: Tl;dr version of ÇoinProLite's plan to monetize comatose shitcoins (https://bitcointalk.org/index.php?topic=721242.msg8146272#msg8146272).  ;D

Q: One final question: Is ÇoinProLite marketable?
A: Since you've read thus far, add yourself to the list of those who've aforementioned, "Yes, it's remarkable!" Recall DogeCoin, based on a meme? Kabosu Coin may not be that far behind.  ;)

<more FAQ may be added to this OP in the future>

Nowhere else on the internet is one able to alchemize Sçhit into securable gold, sans some novelty website probably hawkin' pseudo sacks of shit.

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With the generous input from this loving community, ÇoinProLite, along with its band of merry slaveturds, hopes to be the first to manifest the above, nurturing and bringing this peachy shit to fruition.

In Closing: ÇoinProLite has no intentions on going to the moon, so quit asking. http://www.joebohanon.com/astro/Dec2010EclipseAnimated.gif

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Disclaimer: All details outlined above are open for discussion and subject to change until ÇoinProLite is in big bada boom Beta (http://coinprolite.com/).

http://29.media.tumblr.com/tumblr_lqknpdvnt01qb3f0ao1_500.gif

~Brüno Kučinskas - Founder, and currently the only person that ÇoinProLite comprises of, in spite of plural pronouns penned in this OP.

Q: Why did you alter the spelling of your name?
A: Adhering to conventional habitude is sometimes unsatisfying, as how ÇoinProLite is introduced so demonstrates.

EDIT: Apologies for not including the following earlier: http://www.smilys.net/smilies_international/smiley1469.gif

Can't tell if serious or not. But props for making one hell of an an.. eye-catching thread.

So this coin doesn't yet exist, I take it?

This is serious, thanks for the complement, and yes the coin DOESN'T exist yet.

The entire OP (as it looks now [at August 30, 2014, 04:41:26 PM]) was first penned at https://bitcointalk.org/index.php?topic=721242 (topic was deleted by a mod shortly after this thread was introduced, of which is welcome with this section being a better fit), it having only a small handful of posts accompanying it, most being mine.

At this stage, I'm interested in learning how viable the concept is for those wanting to better their shitcoins' positions. I'm going to penned a thread just for this purpose alone.

~Bruno Kučinskas

When will this coin start existing?

Honestly, there's no exact timeline as of yet, but hoping by Christmas, 2014, with all that the entire project encompasses by spring of next year. <Edit: Project Y by June, 2014, for reasons explained in a subsequent post on the next page of this thread>

There's already an extensive site built detailing Project Y, albeit it's a work in progress, but does sum up what's fully proposed rather naughtily nicely.

~Bruno Kučinskas

I don't know what to say so here is a picture of a crap on a rainbow:

http://kapdesignstudio.com/wallpapers/week15/RainbowSlide_by_lastscionz_1024x.jpg

Luckily, I'm not humor-intolerant.  ;D

~Bruno Kučinskas

During perusal of the OP, feel free to point out any grammatical errors or erratum that require amending or attention.

Bounty for opinionating legitimate les faux pas shall be 1 CPL per, payable in blocks of 10 CPL whether what's cited is amended or not.

Also, please suggest which SçhitCoin you'll like ÇoinProLite to consider for PoBurn (https://en.bitcoin.it/wiki/Proof_of_burn), stating how much of its Sçhit, along with its current value expressed in BTC and $, you're willing to unload said precious. Such data will be used as a bellwether to help measure what support ÇoinProLite's Sçhit ---> CPL proposal enjoy, and see what aspects of this startup needs modifying prior to further development and Beta (http://coinprolite.com/) launch.

A poll is currently in place to let us know how much Sçhit you're welling to part with and convert to CPL: https://bitcointalk.org/index.php?topic=763429

The following Laurel Wreath image (to be shopped somewhat - more leaves first comes to mind) would make a fine logo for ÇoinProLite to utilize on our various web presences: Keep the [off-]white background; Alter the depicted Laurel Wreath a tad with a stronger shade of green (perhaps); A stylized Ç in the center in a lighter shade of green. Simple and cling-ons-free clean!


~Bruno Kučinskas

Using CoffeeCoin (CFC2): http://coinmarketcap.com/currencies/coffeecoin/ (with apologies if CoffeeCoin is not [currently] a shitcoin in the true sense of the term)


Note the current available supply and market cap: 100,757,687 CFC2; $2,031 USD (respectively).

To accommodate as many altcoin miners of the myriad coins as possible, ÇoinProLite will limit the percentage of each SchitCoin's supply that'll be allowed to convert its Schit to CPL at 1% (at first, the percentage increased down the road dependent upon demand) per month.

At 1% of CoffeeCoin's market cap, miners (discouraging its devs) would be able to convert the maximum $20.31 (assume the market cap stays the same for illustration purposes only) worth of CFC2 to CPL via PoB during each 30 day period (or calendar month, TPD), receiving $27.63 (rounded up from $27.6216 [27.63 X 1.36]) worth of CPL equating to 2,762Ç (Ç = at least 1 US ¢ent/1 US penny/1¢, and always a whole counting number/integer, e.g., 1, 2, 3, etc., for those poor at math), of which represents a 136% return during the conversion process. In essence, for those stuck with CFC2 having no means to alter positions, ÇoinProLite will take them off your hands at a 136% premium, with the caveat being that CoffeCoin's blockchain is functional.

For sake of example, let's assume we're only speaking of one person/entity desiring to convert 1,381,500 CFC2, valued at $20.31 USD, to $27.63 USD worth of CPL or 2,763Ç.

The Process:

Step 1: Bob (Alice's main squeeze) enters his desire to convert 1,381,500 CFC2 to CPL on ÇoinProLite's Getting Started (TBD/nonexistent) page. At this stage, Bob is NOT yet in the queue position where his request will be honored within 72 hours, nor does he have any of his precious CFC2 at risk. Bob's simply in line (pre-queue, if you will) awaiting the first available window to enter the official queue, of which the wait may vary, again, dependent upon demand, and at such time an immediate estimated time frame will be given to Bob if the wait is longer than 24 (perhaps 48) hours. Bob will be notified via the email address he provided 24 (36 or 48, TBD) hours prior him losing his queue position if he fails to act in time.

Step 2: Upon receiving an email, Bob is provided a link directed to a ÇoinProLite page, whereupon he's able to transfer the full 1,381,500 CFC2, any percentage of said amount, or decline, but opting to get back in the pre-queue position. By not replying to the email in time, Bob's request will become null and void, having to reenter any future requests manually once again, sans any fear of penalties up to 6 (let's say) attempts within a 30 day (let's say) period, or something similar to make sure the system's not gamed.

Bob opts to follow through with the entire 1,381,500 CFC2 transfer, otherwise this example would be fucked, having to hunt down that slut, Alice, to provide an anew example.  ::)

Bob transfers his 1,381,500 CFC2 from his CoffeeCoin wallet address CeKj6Wx3G5jjz67xmzrkpR4S7wQxG9viiz (contrived CoffeeCoin wallet address) to the sole Proof-of-Burn (PoB) CoffeeCoin wallet address that ÇoinProLite has confirmed nobody will be able to withdraw the funds from (sans by a rouge dev of an altcoin), having an address akin to CcoinproliteXXXXXXXXXXXXXXXXXXUWLpVr, whereupon anybody can see that a PoB has occurred.

Step 3: I pump the shit outta this ~$20 USD till it reaches a million bucks, then dump the entire project, moving on to develop a new coin.  :-* (and will even give a reach-around)  :o

Within 72 hours max, Bob is award 2,762Ç ($27.63 USD) to an already in-place ÇoinProLite wallet address. Assuming at this point in time CPL is formidably trading on various exchanges, Bob's now able to exit his position at any time depending upon if he feels the exchange rate at the time is favorable.

Step 4: Regardless of the exchange rate, Bob, being a gambler or an astute investor (pick one), opts NOT to immediately withdraw his 2,762Ç, instead eyeing ÇoinProLite's potential (if you don't realize that this clause is contrived, then may I suggest doubling down on whatever you're currently into), along with wanting to take advantage of the PoS [-Stake] aspect that's provided.

Scenario 1: (taking advantage of the .5%/mo PoS option that kicks in after 90 days, and halving each subsequent year thereafter, prorated every 24 hours GMT, and all decimals always rounded up to next whole number regardless how minute, i.e., 3.0001 = 4)

• Exiting in less than 90 days: 2,762Ç available for withdraw
• Exiting just prior to 120 days: 2,790Ç available for withdraw
• Exiting just prior to 16 months: 2,928Ç available for withdraw
• Exiting at 19 months, 14 days, and 11 hours: 2,954Ç available for withdraw

The last scenario equates to a ~45% premium atop the initial $20.31 USD original deposited from something having a helluva less value than that. Granted, few may opt staying with CPL for any extended period of time, possible moving outta such a position if they felt some exchange rate looked favorable, or for some other motive. But, if Bob were to stay holding CPL during the latter example, his purchasing power would be worth no less than $29.54 (if I did the long-hand math correctly) when used on Project Y's site.

Scenario 2: Exchanging for fiat, bitcoins or an alternative alt/crypto on some future exchange that trades CPL when Bob desires to reposition his cryptocurrency stake(s).

Scenario 3: Bob opts to purchase $27.62 USD worth of Project Y's PY (actual ticker symbol withheld for the time being), of which it too will not be valued no less than 1 US ¢ent/1 US penny/1¢ and formally trading on formidable exchanges.

In turn, PY will be the predominant payment option to acquire other cryptos that'll ONLY be exchanged on Project Y's platform.

Step 5: After a trading spell, Bob opts to exit one, several or all of Project Y's myriad cryptos. He's able to do so at anytime via BTC, with the entire time Bob was trading since converting his Schit, he never incurs a trading fee, whereas anybody else who enters Project Y's arena via some other accepted currency, they will be assessed some nominal fee.

As I've mentioned before, the beauty of this entire endeavor lies in what Project Y consist of.

That all said, any devs interested in developing what I have envisioned?

Bear in mind for you guys sitting on the sidelines, there's plenty of room for maneuverability if there's some aspects you'll like to see incorporated that I've failed to mention or thought of yet, but suffice to say this'll be built with your best interest in mind, along with as much transparency as possible, allowing you to even dictate the terms. Simply voice your opinion, whereupon a dialog will ensue to further the cause.

~Bruno Kucinskas

Bumped, to let you know I finished penning the last post, and now ready and willing to take your questions and address any concerns you may have.

~Bruno Kučinskas (added the grapheme č, something I've done prior with my Phinnaeus Gage user account)

---

EDIT: Adding the primitive flowchart below (work in progress):

http://s28.postimg.org/sujwqjuz1/FC1.jpg
http://s4.postimg.org/4pu1jqrml/fc2.jpg

So, when can we invest? where do I send the check to? This is very very exciting. Can't wait til we hear more information regarding this gem..

Whether tongue-in-cheek or not, it's a good question, one I'm more than happy to address.

Extreme worst-case scenario is that ÇoinProLite may embrace some type of Havelock-like (but not them) thingy to garner the bare minimum to have this project move forward.

Ideally, that's not the route we (read I, at the moment) want to pursue.

The hope is that a plethora of shitcoiners will express interest in desiring to use ÇoinProLite as a means to liquidate their dire positions by exchanging their Schit for ÇPL, hence the poll: https://bitcointalk.org/index.php?topic=763429.

The more interest shown, along with more questions and concerns addressed, the better the chances of having some trustworthy dev(s) join the project for a slice of the proverbial pie.

ÇoinProLite and Project Y WILL operate with as close to 100% transparency as humanly possible, for the formidable folks participating in Project Y WILL demand it since their reps/creds WILL be at stake.

The niche that Project Y plans to enter is no small potatoes, one that WOULD bring massive awareness to cryptocurrencies in general, Bitcoin in particular. That awareness WILL spill over to millions more folks using Bitcoin, along with the top more viable cryptos currently available and some not yet conceived.

That said, please head on over to https://bitcointalk.org/index.php?topic=763429 and at least participate in the poll, consider voicing your opinions on that thread or on this one.

Thanks for the post, bigasic.

~Bruno Kučinskas (Founder of ÇoinProLite)

I thought I recognized those colorful posting skillz.  ;)

Colorful text highlighting, colorful metaphors  :o or both?  :P

A little bit of both I suppose, but the picture of the elephant pooping kind of grossed me out. Luckily I wasn't eating or anything.  :P

Elephant? Try white rhino: Rhino Business (https://www.youtube.com/watch?v=OieDpXktUrU). You don't get out much, do you?  :'(

Once in a blue moon. :)

Anyways.. carry on.

http://www.usatoday.com/story/money/business/2014/09/02/baverman-bitcoin/14728425/

:o

...

???

...

:-\

...

8)

Brilliant!

But, serious!

Thanks for your input, bud.

---

To give you coiners an inkling as to what Project Y consist of, consider the following image:


Each two-to-six-character term (the Bruno depicted is not me) represents a Ticker Symbol corresponding to a formidable brand's commodity-cryptocurrency that'll be traded on Project Y's dedicated exchange. Literally, said brands each have a strong loyalty base, any one of which would be the envy of most Crypto-/Bitcoin-based entities currently in existence, according to readily available data.

Affiliates partnered with Project Y will benefit immensely, as well as their sycophants who may opt to trade in and out of position of the myriad brand's commodity-cryptocurrencies as others become more trendy or, perhaps, when new ones - familiarly named laggards - embrace Project Y down the road.

• Schit ---> Ø, or...
• Schit ---> CPL
• CPL ---> BTC/?, or...
• CPL ---> PY ---> BTC/?, or...
• CPL ---> Project Y's myriad commodity-cryptocurrencies ---> BTC/?
• PY ---> Project Y's myriad commodity-cryptocurrencies ---> BTC/?

Does ÇoinProLite look a tad more appealing now?

~Bruno Kučinskas

op with too many colour make me dazzling
 :-X

Notwithstanding the sizzle, what'd you think of the steak?  :-*

~Bruno Kučinskas

Guess another example's in order to whet coiners' appetite as to how grandiose ÇoinProLite, et al., truly is.

http://s10.postimg.org/hwkefm6i1/Dog_Tease.jpg (https://www.youtube.com/watch?v=nGeKSiCQkPw)
https://www.youtube.com/watch?v=nGeKSiCQkPw

Note:

• 160,248,343 Views for this one Video Alone
• 1,014,473 subscribers
• An active YouTuber with 39 Videos Uploaded to Date
• Total View Count for all 39 Videos: 359,652,619

Take a quick look at some of the stats of Talking Animals' recent uploaded videos: https://www.youtube.com/user/klaatu42/videos

http://s8.postimg.org/iu6q2s25x/Talking_Animals_Videos.jpg

Not too shabby!

Let's take a look at Talking Animals' 'About' page: https://www.youtube.com/user/klaatu42/about

http://s29.postimg.org/m33epf7x3/TA_About_Page.jpg

What have we gleaned?

https://twitter.com/talkinganimals: 1,699 Followers
https://twitter.com/klaatu42: 3,779 Followers
https://www.facebook.com/pages/Talking-Animals/119667514742928: 19,584 Likes
https://www.facebook.com/klaatu42: Andrew Grantham has 58,401 Likes
http://talkinganimalmerch.com/: Andrew's Merc, Donating Profits to http://www.spcans.ca/

The important takeaway depicted in the above stats are the numbers of Followers or Likes, of which the high view counts help elevate. The number of uploaded YouTube videos is not necessarily a bellwether as for how one amasses followers, i.e., Andrew ONLY has 39 videos to his credit.

http://talkinganimalmerch.com/images/banner.jpg

That's a formidable charity that Andrew Grantham contributes to: http://www.spcans.ca/

Please take the time to digest the following to further appreciate the magnitude of what ÇoinProLite, et al., curtails: (title is a link)



Now that Project Y's PY has been identified as some sort of YouTubeCoin [YTC] (actual Ticker Symbol, albeit representing a different brand yet to be disclosed, but the domain name, among others, have been procured), allow me to further expand upon how ÇoinProLite's CPL ---> YTC can benefit the likes of Andrew Grantham and/or their causes, in Andrew's case that being http://www.spcans.ca/.

Note: The charity aspect is not too important for this overall endeavor to be successful, but in some instances such could prove to be beneficial for those YouTubers embracing [YTC] with their own commodity-cryptocurrency, in Andrew Grantham's case TA (a two-letter Ticker Symbol representing his YouTube brand Talking Animals).

That said, the following image makes a tad more sense now, doesn't it? (TA, in blue, is located to the left of Zach, in red, on the far right)


To clear up any misunderstandings, the ticker symbol Bruno represents https://www.youtube.com/user/BrunoAlbouze/about

http://s16.postimg.org/yblgawiyt/Chef_Bruno.jpg

Visit the next post to obtain a better grasp of how this all pans out.

~Bruno Kučinskas

Granted, upon reading the above post, one realizes that ÇoinProLite is not necessarily required to see YTC to fruition, but it's a kind gesture, nonetheless, for providing those locked in with their mined Schit to have an outlet to monetize their stagnant position, hence seeing CPL's beauty in my epiphany, disclosed in the OP.

At least, that's how I envision it, coupled with giving YTC a boost, of sorts, since some ex-Schitters would no doubt participate in trading YTC and/or its myriad commodity-cryptocurrencies, e.g., TA, Bruno or TEDx, the ladder being a laggard, perhaps, due to its brand recognition but, until such of their ilk come aboard, there's literally thousands of common-folk YouTube publishers with tremenous reach dying (or is it trying?) to increase their revenue stream to compensate for all the noble efforts they put into their venerable brands. Recall, via Google's automated YouTube partners program, many a formidable publishers barely bring home the ba¢on, let alone lipstick for whatever pig.

To further illustrate the potential of YouTube publishers' brands that could trade their commodity-cryptocurrencies on YTC's exchange, listed is another baker's dozen of YouTube channels, accompanied with projected ticker symbols (in bold, as I envision them), and please try not to freak out when you witness the first one, for $he'$ worth more than what meet$ the eye - literally!:

Nana: https://www.youtube.com/user/nanaluvstroubles/about
Mishka: https://www.youtube.com/user/gardea23/about (beats Doge all to hell!)
¢oin: https://www.youtube.com/user/coined/about
Khan: https://www.youtube.com/user/khanacademy/about
MGM: https://www.youtube.com/user/MysteryGuitarMan/about
TWZ: https://www.youtube.com/user/TheWarpZone/about
2Bus: https://www.youtube.com/user/Tobuscus/about
Erect: https://www.youtube.com/user/nicepeter/about
Lind$: https://www.youtube.com/user/lindseystomp/about
LG15: https://www.youtube.com/user/lonelygirl15/about
TuTu: https://www.youtube.com/user/TheTutuProject/about
Harto1: https://www.youtube.com/user/MyHarto/about
Harto2: https://www.youtube.com/user/yourharto/about

The last two depicting how one particular publisher having more than one YouTube channel can easily further bank on her brand by attaching herself to YTC's commodity-cryptocurrencies.

I duly hope the following makes more sense now:

• Schit ---> Ø, or...
• Schit ---> CPL
• CPL ---> BTC/?, or...
• CPL ---> PY ---> BTC/?, or...
• CPL ---> Project Y's myriad commodity-cryptocurrencies ---> BTC/?
• PY ---> Project Y's myriad commodity-cryptocurrencies ---> BTC/?

Here's the kicker: Many a YouTube publishers have befriended other publishers, and you know damn well if one found a way to further monetize their brand, they're not afraid to share their findings with their fellow publishers, especially if the sharing doesn't effect their bottom dollar. In fact, outta fear of alienation, it'll be counterproductive for one entity to not share their new-found revenue stream to their peers when it'll be plain as day that they're reaping rewards sans little effort. That little effort consisting of simply embracing YTC via attaching their brand to the program, and the rest will be taken care of automatically. Actually, a tad more effort's warranted on their parts, but hopefully you get the gist.

~Bruno Kučinskas

<with apologies, I desire to lock up this post to further expand upon the previous two posts>

Please refrain from quoting this post, for I now use it as a place to pen drafts for subsequent posts on this thread. Thank you.

---

http://www.nytimes.com/2013/04/14/fashion/jenna-marbles.html?_r=0


Sensing an opportunity, YTC (acronym defined not yet disclosed) with its league of commodity-cryptocurrencies [c-c] will not only be able to peg the performances of YouTube publishers' brands against their peers, but earn a set amount of shares of their individual c-c from each block created (numbers have been crunched) for the privilege of participating on YTC's platform.

What I've highlighted in bold in the quote above is all well and good, except that the YouTube publishers' revenue stream is still based on (read dictated by) Google's automated YouTube partners program, a many times ceased for a selected lot sans warnings or explanations, that in spite of them having the stats most would envy, but Google could care le¢¢. A select few may be able to garner endorsements or, perhaps, some other lucrative contracts to augment said income but, by and large, the majority will still be left with only a pittance of the billions that Google continues to generate in ad revenue off the backs of publishers' combined efforts. Google offering up a tax write-off production facility (http://www.youtube.com/yt/space/los-angeles.html) in LA doesn't benefit the dudes and dudettes in say Bucksnort, Tennessee, or Booger Hole, West Virginia.


During the interim of whether or not seeing their new-found fame move into film or television come to fruition, most YouTube publishers are strapped for cash - for whatever reason (especially if they reside in a high-cost-of-living city, e.g., LA or NYC or Tokyo or Zurich) - even if their gross income via Google ad placements on their videos seems to dictate otherwise, and most publishers wouldn't mind one iota in having some other viable source enter the space providing another revenue spigot to tap.

Ergo, there's definitely a market for something exactly like YTC to fill that void, with them folks willing and able to sign on the proverbial dotted line to commence them BTC^$¢whatever a flowin', currently calculated at no less than $7,884 US/yr if their c-c doesn't perform above 1¢ per share on YTC's exchange.

~Bruno Kučinskas

http://www.nytimes.com/2014/02/02/business/chasing-their-star-on-youtube.html?pagewanted=all&_r=0


Again, ÇoinProLite ---> YTC (reiterating, does not stand for YouTubeCoin) helps solves those YouTube publishers' financial woes by providing a trading platform for their individual c-c (commodity-cryptocurrency) as either an adjunct income or act as an IPO, of sorts (albeit ICO [Initial Crypto Offering] is a more appropriate acronym), allowing their fan base, among others, to invest in their already proven venerable brands by acquiring some of their limited shares (100M max each) as they systematically become available via identical mining processes, thus allowing them to now further their brands with said funding. It's a given that they, too, will be able to trade their free shares the same way their supporters can, with the desire to better their overall positions prior to converting to fiat, as some (perhaps most) most undoubtedly will.

As a visual [re]presentation, I've updated the following:

• Schit ---> Ø, or_vvv (Basically, where disgruntle Schitters are now.)
• Schit ---> CPL (Helluva lot better than Schitters' Purgatory.)
• CPL ---> BTC^$whatever, or_vvv (I'm done; I'm outta this cryptocurrency thingy!)
• CPL ---> YTC ---> BTC^$whatever, or_vvv (Now, this looks interesting!)
• CPL ---> YTC's myriad c-c (commodity-cryptocurrencies) ---> BTC^$whatever (Wait, what!?)
• YTC ---> YTC's myriad c-c ---> BTC^$whatever (Happy, Happy, Joy, Joy mining days are here again!)

Short list of YTC's myriad c-c, projecting to have ~100 in placed by Beta launch, with 1,000+ c-c listed prior to the end of the second year of operation, a many garnered by an attractive affiliate program.

Ticker Symbol (proposed): YouTube Channel's About Page (https://www.youtube.com/user/nanaluvstroubles/about)

Nana: https://www.youtube.com/user/nanaluvstroubles/about
Mishka: https://www.youtube.com/user/gardea23/about (beats Doge all to hell!)
¢oin: https://www.youtube.com/user/coined/about
TA: https://www.youtube.com/user/klaatu42/about (used an example a couple posts up)
Khan: https://www.youtube.com/user/khanacademy/about
MGM: https://www.youtube.com/user/MysteryGuitarMan/about
TWZ: https://www.youtube.com/user/TheWarpZone/about
2Bus: https://www.youtube.com/user/Tobuscus/about
Erect: https://www.youtube.com/user/nicepeter/about
Lind$: https://www.youtube.com/user/lindseystomp/about
LG15: https://www.youtube.com/user/lonelygirl15/about
TuTu: https://www.youtube.com/user/TheTutuProject/about
Harto1: https://www.youtube.com/user/MyHarto/about
Harto2: https://www.youtube.com/user/yourharto/about


Now, imagine setting your registered (will only hash c-c on YTC's platform, and only obtainable from a single TBD source), easily programmable miners to your preferred trading parameters, weaving in and out of the league of c-c automatically as predefined conditions warrant.

Echo: A person/entity can ONLY mine c-c if they're registered AND on regulated miners suitable for mining on YTC's platform. Registration will be as painless as possible, hopefully with only an email account sufficing dependent upon what provincial regulators may rear their naughty heads.

That's some pretty impressive shit, if I may say so myself!  ;)

Speaking of Schit, here's a fictive depiction of extrapolating ÇoinProLite to an envisaged conclusion (incorporating previous examples from within this thread):

• 1,381,500 CFC2 (CoffeeCoin) ---> 2,031^ç ($20.31 USD)
• 2,031^ç ---> 2,763^ç ($27.63 USD, thanks to a 36% premium and rounding up, never down)
• 2,763^ç ---> BTC^$whatever ($27.63 USD), or_vvv
• 2,763^ç ---> 2,763 YTC
• 2,763 YTC ---> BTC^$whatever ($27.63 USD), or_vvv
• 2,763 YTC ---> 2,763 Khan[link (https://www.youtube.com/user/khanacademy/about)] (at lowest possible IPO/ICO price)
• 2,763 Khan ---> 8,289 Khan (after a 200% exchange rate increase)
• 8,289 Khan ---> BTC^$whatever ($82.89 USD), or_vvv
• 8,289 Khan ---> 8,289 Mishka[link (https://www.youtube.com/user/gardea23/about), for those still pining for DOGE action] (at lowest possible IPO/ICO price)
• 8,289 Mishka ---> 16,578 Mishka (after a 100% exchange rate increase)
• 16,578 Mishka ---> BTC^$whatever ($165.78 USD), or_vvv
• Continue trading the myriad YTC c-c to your heart's content prior to ---> BTC^$whatever

Did you just have a Holy Fuck! moment, or are you missing it? If you missed it, I suggest hanging up your trading shoes and start donning stealing-barn-wood-(at night)-steel-toe boots from Walmart.

According to Google, there's tens of thousands panegyrized YouTube publishers enjoying tens (if not hundreds) of millions of subscribers awaiting notification of subsequent uploaded videos, any of which could educate their followers about their YTC's c-c and how they, too, can acquire shares to show support for theirs truly.

Ere long, there'll be at least a million YouTubers worldwide, of various creeds, gender and ages, introduced to, and participating in, YTC commodity-cryptocurrency trading, all thanks to a gentle nudge by one of their quasi-/pseudo-idols.

Surely, if GamerChannel1, GamerChannel2 and BadGirl8 (not to mention NASCARfan3 & WeLoveGunsDudes) are partaking, then it's something to pay attention to, thus best get on the bandwagon early for fear of missing their-ship-coming-in like what they'll soon learn about what happened to those missing out prior to Bitcoin, et al., reaching certain milestones, albeit there's still no letting up in the foreseeable future, according to their favorite periodicals or hearsay, but they may tend to still shy away from mostly Bitcoin due chiefly to its price, whereas amassing shares of a brand they love for literally US ¢ents per share is obtainable for even the most broke bloke (or blokette[?]) to either show support, hopefully profit off the brand(s) they "Like"/subscribe to/follow, or both. (yes, I'll admit that I'm a periodphobe  :o)

Of course, it's a foregone conclusion that mano-a-mano trading by the welcome neophytes will be accompanied with armchair and seasoned traders alike, all jockeying in and out of various c-c positions based on emotions or astute research, but rarely both.

~Bruno Kučinskas

I've come to the realization that a massive undertaking like CPL ---> YTC's myriad c-c (commodity-cryptocurrencies) ---> BTC^$whatever is packed with enormous challenges, enormous challenges that'll require devs, et al., receiving a readily available conventional salary damn near prevailing wages, coupled with any promised future crypto stakes atop that. Obviously, the aforementioned is the most favorable means to remunerate, oppose to having devs code, et al., from the get-go foregoing steady pay all together by only offering up some proverbial piece of future pie for their efforts as the core compensation package, with proverbial whatever not affording them to pay their personal obligations, the least desirable proposition.

The first couple crypto platforms/algos, ÇoinProLite and YTC, would be relatively easy to actualize comparable to the unique challenges rearing once we commence developing, then amassing, YTC's myriad c-c, coding (probably read retrofitting) an exchange needed for trading said c-c, and R&D the specialty hardware that'll be solely dedicated to seamlessly mine the steady influx of c-c, albeit the financial onus would be placed on the entity that's chosen to produce and supply said hardware sans being funded via pre-orders, a given, considering the converse  :'(.

More info pertaining to the specialty hardware accompaniment in the next post after I complete my thoughts herewithin.

That said, I'm open to suggestions (discussions) as to which route to take in attaining funding for this ambitious endeavor, for the traditional available options are limited, as outlined in what follows, followed by a suggested solution(s).

We all know that Kickstarter is outta the question due to their ToS, and BitcoinStarter (https://bitcoinstarter.com/) (unselfish plug  :-*) realizes limited success in funding Bitcoin-related projects as depicted on their site, most of which that've been backed sought nominal funding, hence seeking extensive startup revenue on their platform would probably be futile.

Likewise, seeking capitalization via some other crowdfunding avenue or, perhaps, through one of them security investment funding entities may also enjoy similar hollow results, thus leaving even fewer doors open for entry. Furthermore, not until a formidable team is in place - exhibiting documented progress - would a profiled VC of the likes shown here (http://www.coindesk.com/bitcoin-venture-capital/) consider seeding the entire YTC program as defined to date, let alone one of its initial divisions - namely, ÇoinProLite.

Ergo, a bit of brainstorming's in order, viz. cogitate beyond the capsule, to solve the age-old issue of sourcing funding, one that'll be beneficial to all concerns - at least that's the objective - upon exhausting the top-tier passage d'entrée for procuring such during the nascent phase.

Enough for now, with this topic revisited in a near subsequent post.

~Bruno Kučinskas

Firstly, I guess given this specialty hardware a moniker to refer to it would be a wise maneuver. Give me a sec while I conjure up something marketable.

Well, it took more than a sec, but less than a minute - literally - to coin a name for the YTC c-c mining device. The only problem is is that I can't share it with you, for now I feel it's too good a name to be released in the wild till it's further protected. I will state that it starts with the letter y (small case, with the second letter upper case) and ends in an r, consisting of 8 letters, so not to let you think down the road that I somehow pulled a fast one.

Still needing a name, it took me an additional two minutes to settle on one, one that just might become the hardware's actual name, but have no anxiety in trying to protect - yet!

Introducing the yOctolys (Yoctolys), inspired by https://www.octoly.com/company:


I've just discovered Octoly (https://www.octoly.com/) a few moments ago, documented above as to how I stumbled upon it, but after given their site a cursory once-over, I kinda like what I've read, with perhaps a partnership, of sorts, manifesting itself later. We'll see, but in the meantime, thanks to Octoly, I'm now able to use yOctolys, with dibs on first use: https://www.google.com/search?rlz=1C1CHFX_enUS549US549&es_sm=122&q=%22yOctolys%22&oq=%22yOctolys%22&gs_l=serp.3..0i13l10.1631.3715.0.3935.2.2.0.0.0.0.181.359.0j2.2.0....0...1c.1.53.serp..0.2.358.RtbhAHstEPk

http://s14.postimg.org/r2ry9lgep/Yoctolys.jpg

The only thing that pisses me off is that yOctolys/Yoctolys may grow on me. Moving on, using Yoctolys from here on out for reference purposes.

http://bonjourlife.com/wp-content/uploads/2013/12/Groovy-Bluetooth-Wireless-Stereo-Speaker-2-2.jpg
The Yoctolys just happens  ::) to favor a Groovy Bluetooth Wireless Stereo Speaker 2.1 (http://bonjourlife.com/groovy-bluetooth-wireless-stereo-speaker-2-1/)

Almost forgot to add a rendering of the Yoctolys above. Pretty groovy lookin', eh?  ;)

Actually, I kinda like the design, especially the leather strap, one that's conducive to being professional hand-tool with either the Yoctolys logo and/or the recipient's name.

The Yoctolys will be a small device, not much bigger than a BFL Single:

http://s8.postimg.org/lurvzkco5/bitforce_single_60_gh_s_bitcoin_asic_butterfly_l.jpg

The price point for the Yoctolys shouldn't exceed $300 USD, with a hopefully projected cost being approximately half that. Ideally, if sold at the upper end, all units WILL have free replacements if the miner fails within [say] a year, with the supplier delivering first, thus allowing the mailer to be used as the return box.

Given the above, there'll be no way for both miners to mine c-c due to the programming and registration of each Yoctolys. The supplier will be able to see that the unit is indeed offline, and another one taking its place will be configured accordingly, then registered once delivered by its user prior to them being back up and mining c-c incurring limited downtime. It'll even be to the best interest of the claimant to return their non-functioning miner for fear of being blacklisted.

Yoctolys' power consumption shall be minimal, for these c-c miners  won't require some powerful chip(s) to perform the hashing to seek c-c blocks and secure the various networks.

A c-c miner can run as many Yoctolys miners as they wish, building massive farms if so desired, but pool size will be limited in scope so not to have any solo miners feel like they're just wasting their time. A delicate balance must somehow be implemented, over and beyond full transparency as to who's mining with what total amount of hashing power. One option for such is to limit the amount of Yoctolys miners produced per c-c as they become available but, of course, plenty enough to make the manufacturer happy. Suffice to say, a portion of this paragraph may need to be readdressed.

Quick note: The identical hashing algorithm for the myriad YTC c-c has yet to be determined, thus open for suggestions from those who love to mine cryptocurrencies, in regards to c-c, commodity-cryptocurrencies.

That should be enough on the Yoctolys miner for now, whetting you miners' appetite.

~Bruno Kučinskas

https://subbable.com/about


Please take the time to read the rest of Subbable's short (but a tad too long to post here) about page.

https://subbable.com/faq


Care to take a guess as to what neat trick CPL ---> YTC's myriad c-c (commodity-cryptocurrencies) ---> BTC^$whatever accomplishes?

Just in case you think this thread is too wacky to be taken serious, consider the following contrived Q&A:



Every YouTube publisher [creator] here - https://subbable.com/creators - is a prime candidate for YTC c-c.

~Bruno Kučinskas

http://s23.postimg.org/ljt7w2ie3/VLOG_Brothers.jpg

The above was sourced from https://www.youtube.com/user/vlogbrothers/about

Pretty impressive, eh?

Here's the kicker: Guess who hosts the annual VidCon ---> http://vidcon.com/ You guessed it - The Vlog Brothers, John and Hank.

I haven't nailed down the exact date yet for next year's VidCon, but I'm pretty sure it the last weekend of June, 2015.

http://en.wikipedia.org/wiki/VidCon#Attendance

http://s15.postimg.org/cduwszdij/Vid_Con.jpg

Having hosted ~300 shows in Nashville, some with named special guests, I'm pretty sure I shouldn't have too much of a problem giving a talk to a bunch of YouTube creators and their fans. And, I'm pretty confident that it wouldn't take too much arm-twisting to obtain further (some will have already signed up) creators to embrace the YTC c-c program, knowing in advance that most all are seeking ways to augment their current revenue trickle.

I say it'll be an easy sell, that coupled with the manned booth also passing out brochures to the kowtowers depicting how they can obtain shares of their beloveds' brands' c-c.

Another short list of YTC c-c, projecting to have ~100 in placed by Beta launch, with 1,000+ c-c listed prior to the end of the second year of operation.

Ticker Symbol (proposed): YouTube Channel's About Page (https://www.youtube.com/user/nanaluvstroubles/about)

CC: https://www.youtube.com/user/crashcourse/about
DABOO7: https://www.youtube.com/user/DAHBOO77/about
KevinB: https://www.youtube.com/user/kevindblanch/about
ggTECH: https://www.youtube.com/user/GamersGoneTech/about
MACinc: https://www.youtube.com/user/mountainapplecompany/about
Hot4Ws: https://www.youtube.com/user/hotforwords/about
Fermi: https://www.youtube.com/user/fermilab/about
RF: https://www.youtube.com/user/ucmagic/about
ESN: https://www.youtube.com/user/extremumspiritum/about


~Bruno Kučinskas

List of Bitcoin-themed, and the like, YouTube channels envisaged as YTC c-c (commodity-cryptocurrency).

Ticker Symbol (proposed [2-6 characters]): YouTube Channel's About Page (https://www.youtube.com/user/nanaluvstroubles/about) ~ #Subscribers

CS: https://www.youtube.com/user/coinsummit/about ~ 996
LoB: https://www.youtube.com/user/LifeonBitcoin/about ~ 1,651
Scotty: https://www.youtube.com/user/scotty321/about ~ 2,069
WUC: https://www.youtube.com/user/weusecoins/about ~ 3,345
MadBTC: https://www.youtube.com/user/madbitcoins/about ~ 3,663
BBT: https://www.youtube.com/user/BitsBeTrippin/about ~ 3,789
ScottW (Scott Wilhelmsen): https://www.youtube.com/user/scottyw6111/about ~ 4,499
LTB!: https://www.youtube.com/user/LetsTalkBitcoinChan/about ~ 4,770
dSea: https://www.youtube.com/user/davidseamanonline/about ~ 8,473
WBN ( World Bitcoin Network): https://www.youtube.com/channel/UCgo7FCCPuylVk4luP3JAgVw/about ~ 11,765
TBC (The Bitcoin Channel): https://www.youtube.com/user/BitcoinChannel/about ~ 12,386
AvsTM (Adam vs The Man): https://www.youtube.com/user/AdamKokesh/about ~ 125,231
FR (Freedomain Radio): https://www.youtube.com/user/stefbot/about ~ 190,572


At some time after Beta launch, a strict criteria will be imposed, one that'll set the minimal stat requirements a YouTube creator would need to abide by to participate in the YTC c-c program. Tentatively, the following could be set as such:

• Minimum # Views: 1,000,000
• Minimum # Subscribers: 1,000
• Minimum # Videos: 10
• Minimum # Videos to be Uploaded per Month: 1 (any subject matter)
• Minimum # Months one has been a YouTube Creator: 3
• Maximum # Channels a Creator can have to participate in the YTC c-c program: 42 (or higher)

~Bruno Kučinskas

http://s13.postimg.org/4axfaoal3/Pew_Die_Pie_Banner.jpg
http://s30.postimg.org/lhjhkmk1d/Pew_Die_Pie_Stats.jpg

The two images above sourced from https://www.youtube.com/user/PewDiePie/about.

http://s17.postimg.org/sqkpscqr3/Felix_Kjellberg.jpg

The image above sourced from https://twitter.com/pewdiepie/followers.

According to The Richest YouTubers Revealed (https://www.youtube.com/watch?v=eeUhFybI8OU), brought to you by the same channel - https://www.youtube.com/user/SourceFed/about - that brought you DogeCoin Blowing BitCoin Out Of The Water! (https://www.youtube.com/watch?v=gpabOMZ4ZmM) with its 171,151 views, PewDiePie (banner and stats above) came in at number one, earning $8.47M USD per year thanks, in large part, to the brand's loyal subscribers.

Let's imagine, for sake of sailing this ship, that Felix Arvid Ulf Kjellberg (http://en.wikipedia.org/wiki/PewDiePie) - PewDiePie - is keen on the idea of YTC c-c (commodity-cryptocurrency).

PDP may very well be the Ticker Symbol for the c-c that shares of the PewDiePie brand would trade on the YTC c-c exchange where ONLY c-c are traded, even excluding ÇPL and YTC from its platform. (Wait till it's unveiled the name of the exchange I conjured up. You're goin' to love it!)

Sans providing how the figures were calculated, Felix (https://www.facebook.com/Pewdie) would reap 788,400 PDP (shares) per year of the maximum minable 100M PDP over the course of ~12 years as a premium for allowing his brand - PewDiePie - to be traded on the YTC c-c exchange so that his subscribers could have the option of purchasing PDP themselves, either to show their support or as an investment. Perhaps both.

Considering that the bare minimum any YTC c-c share will trade for is a scant one US ¢ent (equating to a minimum $1M USD market cap in ~12 years), its IPO/ICO (Initial Crypto Offering) price point, what's your best guesstimate PDP would peak out at, given PewDiePie's reach? A thin dime? A quarter? A Kennedy half? A buck? A Phinn fin? A sawbuck? More?

Another question: To what efforts would PewDiePie exert (non-nefarious activity) to help edge PDP pass a buck per share, thus enabling his yearly gifted PDP shares to surpass $788,400 worth? Not versed in if it's ethical (on second thought  ::)), but what if Felix held an upper board position on some YTC <redacted>opolis Foundation? Would Felix, or someone of his ilk, holding such a prominent position aid in influencing the makeup of the YTC seascape?

Chances are 100% that Felix will tweet at least once to his 3.87M followers on Twitter (https://twitter.com/pewdiepie) about PDP and how they, too, can readily obtain some shares of yours truly's brand, in kind offering up further support with an opportunity to reap for their efforts, possibly uploading a YouTube video on PewDiePie on how they can purchase PDP via Apple Pay.

BTW, in case you're wondering... https://www.facebook.com/PewDiePie

http://s3.postimg.org/9whs02c9v/Pew_Die_Pie_FB.jpg

...and his girlfriend has 4,270,718 subscribers with 250,975,409 views on her channel: https://www.youtube.com/user/CutiePieMarzia/about. I say it's a safe bit they both hang with fellow creators who have impressive YouTube stats themselves, most of which would quickly embrace the YTC c-c program to also further their revenue stream once they recognize that bro Felix's on board. With an attractive ~33% referral program in play (available to everybody), Felix would do his utmost to get his lowly bros aboard.

If I recall correctly from some nautical primer (or was it Kennedy (http://en.wikipedia.org/wiki/A_rising_tide_lifts_all_boats)?), a rising tide lifts all ships. That said, a many predominate brands' YTC c-c exchange rate shall rise accordingly, regardless of whom's at the helm (read sits on the [<redacted>opolis Foundation] board), albeit the more venerable the name, the higher the lift, wouldn't you say?

To clarify, the 788,400 PDP would be doled out in set increments each time a new block is created and immediately credited to PewDiePie's PDP wallet address, oppose to getting one large sum of PDP shares once a year, quarterly, etc. Furthermore, all YouTube creators participating in the YTC program will also receive 788,400 shares per year of their respective brands' c-c, e.g., ScottW (https://www.youtube.com/user/scottyw6111/about), TBC (https://www.youtube.com/user/BitcoinChannel/about) and FR (https://www.youtube.com/user/stefbot/about), using three diverse bitcoiners having YouTube channels with formidable stats as prime candidates.


Did I fail to mention the PDP facet, available ONLY to those who subscribe to PewDiePie?  :) Tentatively (according to preliminary figures), a maximum of 500,000 PDP will be made available, methodically doled out. The charitable 500K sum is indicative of all other YTC c-c facet reward programs.

http://s30.postimg.org/4jt76xqht/poop_deck.png

Even from the poop deck (http://en.wikipedia.org/wiki/Poop_deck) facing where one's been, ÇoinProLite ---> YTC c-c looks extremely promising, with or without a Jack Sparrow moral compass' help, plotting the way in uncharted, yet navigable waters.

Yes, I had the foresight to include all the above on the official site penned over a month ago (the site yet to be link/disclosed with the exception of its initials - YTC). Thanks to the advent of cryptocurrency, such is now not only possible, but relatively easily doable, an appealing concept whose time has come to see to fruition.

Are you...

http://s28.postimg.org/9pjb7r8tp/ready_to_sail.jpg

If so, all that's being asked for at this stage is showing your support via offering up suggestions or addressing concerns with exploratory questions.

~Brüno Kučinskas

Image below depicting potential altcoin candidates to have their Sçhit converted to ÇPL, thus enjoying a near-immediate 36% ROI with virtually Ø risk.

Source: http://coinmarketcap.com/currencies/views/all/

http://s29.postimg.org/q2i65oo5z/oin_Pro_Lite_Condidates.jpg

ÇoinProLite, as well as YTC and its complementary c-c endeavor, are currently only in pre-Aplha stages, thus ALL suggestions and concerns would he highly deliberated since it's yous that'll have the most invested interest in seeing such to fruition.

Considering that the ambitious goalposts are the YTC innumerable prized c-c (commodity-cryptocurrency having ticker symbols like Khan (https://www.youtube.com/user/khanacademy/about), Vanoss (https://www.youtube.com/user/VanossGaming/about), ERB (https://www.youtube.com/user/ERB/about), etc. (https://www.youtube.com/user/nanaluvstroubles/about)), what possibly could be potential drawbacks in pursuing such an overall obtainable objective?

~Brüno Kučinskas (changed from Bruno Kucinskas per request from the witness protection agency  ::))

http://s24.postimg.org/klxkot0j9/Subbable.jpg (https://www.youtube.com/watch?v=Cc3_o0kHB-E)

Click the image above to view the ~1m YouTube video of Hank Green explaining Subbable if you're not yet up to speed.

Envisaged ticker symbols of YTC c-c for YouTube creators depicted on https://subbable.com/creators seeking funding:

Ticker Symbol (notes): YouTube About Page (https://www.youtube.com/user/nanaluvstroubles/about) ~ #Subscribers

• Craft (CraftLit): https://www.youtube.com/user/hordover/about ~ N/A
• CC: https://www.youtube.com/user/crashcourse/about ~ 2,158,486
• Blame: https://www.youtube.com/user/blamesocietyfilms/about ~ 231,154
• SciSho: https://www.youtube.com/user/scishow/about ~ 1,972,284
• mEarth: https://www.youtube.com/user/minuteearth/about ~ 886,714
• SEXpln: https://www.youtube.com/user/sexplanations/about ~ 139,631
• IL2MS: https://www.youtube.com/user/iliketomakestuffcom/about ~ 57,453
• ART: https://www.youtube.com/user/ThePortraitArt/about ~ 214,654
• mPhscs: https://www.youtube.com/user/minutephysics/about ~ 2,504,394
• mLABS: https://www.youtube.com/user/minutelabsio/about ~ 24,378
• Gunadѥ (Andrew Gunadie): https://www.youtube.com/user/gunnarolla/about ~ 75,372
• Bald: https://www.youtube.com/user/baldmove/about ~ 561
• Janitr: https://www.youtube.com/user/the1janitor/about ~ 65,413
• Smartr: https://www.youtube.com/user/destinws2/about ~ 1,879,748
• TALK: https://www.youtube.com/user/talk/about ~ 18,151
• GSP: https://www.youtube.com/user/GameSocietyPimps/about ~ 255,490
• WWMM (Woodworking for Mere Mortals): https://www.youtube.com/user/stevinmarin/about ~ 307,151
• Aranda: https://www.youtube.com/user/michaelaranda/about ~ 239,339
• gStuff: https://www.youtube.com/user/TheGoodStuff/about ~ 57,271
• OTGW: https://www.youtube.com/user/NTDOffTheGreatWall/about ~ 125,070
• WW: https://www.youtube.com/user/wheezywaiter/about ~ 540,336
• cgpGrā (CGP Grey): https://www.youtube.com/user/CGPGrey/about ~ 1,462,138
• aHuang (Andrew Huang): https://www.youtube.com/user/songstowearpantsto/about ~ 167,143
• Bethke (Jefferson Bethke): https://www.youtube.com/user/bball1989/about ~ 466,422

With the exception of Craft and Bald, each YouTube creator showcased above has a formidable subscriber base. Imagine if each one uploaded a single YouTube video mentioning YTC c-c, causing a comfortable percentage of their supporters to purchase shares of their brand's c-c.

https://subbable.com/about


Prior to Subbable, a person had an option of either subscribing or not to some YouTube channel, with the reward for the former being an email blast from Google informing them that a new video has been uploaded by theirs truly, accompanied with advertisement that Google deemed worthy of their interest (or not), but still got paid for the impression with none of that revenue going to YouTube creators.

With Subbable, one's now able to pay for the same exact privileges outlined above, but receive perks for the exchange, most worth double-digit percentages lower than paid for, akin to how crowdfunding sites operate, thus a lesser proposition if I've done my maths correctly.

In no way am I dissing Subbage, for John and Hank Green has truly provided an admirable service for YouTube creators seeking to augment their scant revenue from Google with their ad program, keeping 45% for themselves. At least with Subbage, only 10% of the funds garnered don't reach the creators, as so stated on their Q&A page: https://subbable.com/faq

At the moment it seems like Subbage is at a standstill: https://subbable.submittable.com/submit/5d872529-e3ff-4724-9888-a3f3c069bdf0


According to the Wayback Machine, earlier this year Subbage had 16 of the 24 Subbagers they currently enjoy: http://web.archive.org/web/20140207193113/https://subbable.com/creators

Reads to me like there's still thousands that would embrace a YTC c-c program to enhance their income for creating YouTube videos, one of which having less stringent guidelines to participate than with Subbage.

I'll safely assume that Hank and John Green have the best interest of Subbagers at heart oppose to creating some sort of money grab entity feeding off fellow creators, for I truly don't see such as the case, but I do see a program in need of a fix, being that it's now in park with the hand-brake engaged. Perhaps, the Greens teaming up with YTC c-c could further their cause. If nothing else, Subbage should accept bitcoins alongside Amazon Payments, passing the saved processing fees onto its creators' coffers.

~Brüno Kučinskas

http://s28.postimg.org/im7gkyotp/AMTV.jpg
Why You've Never Heard the Name Dillon Taylor (https://www.youtube.com/watch?v=FuZzK8ZILrc)

I'm going to use Christopher Greene's YouTube channel, AMTV, - https://www.youtube.com/user/cgreene34/about - as another example to further illustrate the Sçhit ---> ÇPL ---> YTC ---> YTC c-c ---> BTC^$whatever concept.

But, before I embark, let's take a quick look at AMTV's stats:

http://s30.postimg.org/atho8prjl/AMTV_Stats.jpg

• 33,956,552 Views
• 175,672 Subscribers
• 1,571 Videos
• 26,999 Facebook Likes
• 25,002 Twitter Followers
• 3,366 Followers w/ 1,122,103 Views on Google+
• http://vimeo.com/channels/greenewavetv
• http://www.amtvmedia.com/
• http://www.reddit.com/domain/greenewave.com/
• http://instagram.com/amtvmedia
• https://www.google.com/search?rlz=1C1CHFX_enUS549US549&es_sm=122&biw=1093&bih=508&q=%22greenewave.com%22&oq=%22greenewave.com%22&gs_l=serp.12...0.0.0.3822.0.0.0.0.0.0.0.0..0.0....0...1c..53.serp..0.0.0.rtOEgPHaAJk

Pause: This sucks: http://www.jmbullion.com/bitcoin-vs-gold-infographic/. Guess I'll need to use a different example. Enjoy AMTV (https://www.youtube.com/user/cgreene34/featured), nonetheless, while I go back on the hunt.

~Brüno Kučinskas

This is a shit itself  ;D

Assuming you meant, "This is the shit!", thanks, bud.

adonai (https://bitcointalk.org/index.php?action=profile;u=368349) just published the first article on ÇoinProLite: http://forklog.com/coinprolite-proof-of-burn/. It's pretty well written, with only one error I found that I can't contribute to the translation process, unless I'm mistaken. <committed on yellow highlighted text after quoting the translated copy>


<highlighted in yellow> I'm reading it as 2.6 billion will be made available dependent upon the response, of which is not true, but is a fixed number, albeit that fixed number may change by Beta launch. Again, what ever number is eventually agreed upon (BTW, 2.6B works for the calculations I've devised), it'll be fixed and not predicated on participation.

Hope you enjoyed the article, and thanks again to adonai (https://bitcointalk.org/index.php?action=profile;u=368349) for taking the time to pen such a welcoming copy, wishing his site success as well.

EDIT: Purposely combining posts.

---

Speaking of lost in translation, I guess adonai (https://bitcointalk.org/index.php?action=profile;u=368349) gleaned his copy from: http://www.coindesk.com/all-things-alt-anon-reviews-backslash-beta-pink-partnership/


I desire to address one comment posted on CoinDesk as their response to the above:


Actually, that's not true, for all ÇPL holders WILL be able to liquidate once we're on the exchanges and, moreover, to YTC, another crypto making up part of the <redacted> family, as well to the myriad YTC c-c (commodity-cryptocurrency). With the 36% premium paid to convert to ÇPL, not counting any PoS premiums amassed, they'll be able to acquire YTC or its leagues of c-c at no less than the price point they purchased ÇPL for - one US ¢ent - regardless of what it's trading for on any exchanges, either using the highest or weighted average. YTC, under the auspices of <redacted>, will have its own highly-transparent exchange for the various c-c, due to the high-profile clienteles' brands representing their corresponding c-c.

I duly hope the above clears up the misconception expressed by the astute commenter, safely assuming the information he had at the time prior to penning such was limited.


How kind of CoinDesk to pen such.  :-* Loquacious style?  :o How dare they!  :P


As mention in a previous post, the 2.6 billion ÇPL will be a fixed number, albeit that fixed number may change by Beta launch. Again, what ever number is eventually agreed upon (BTW, 2.6B works for the calculations I'd devised at the time), it'll be fixed and not predicated on participation or number of coins burned in the process. Furthermore, that 2.6B figure is in reality an ~2.8B figure, calculated as follows (gleaned from the OP): Maximum ÇPL: 2,825,625,600 (256[ÇPL] x 60[m] x 24[h] x 365[d] x 21[y])

In spite of that one misconception, all in all an enjoyable read, with a nice added touch at its end, hopefully to further the dialog of what this entire endeavor consists of.

~Brüno Kučinskas

Let's play "What if?"

What if some production entity decided to produce a documentary on a cryptocurrency/cryptocommodity from its nascent stage to some point past Beta launch? It could be entitled: <Redacted> (not ÇoinProLite, albeit it'd play an integral part in the storyline, with a myriad of real YouTube creators playing real-life roles representing their respective YTC c-c, including Nana (https://www.youtube.com/user/nanaluvstroubles/about) [don't laugh, for I'm serious]): The Birth of Cryptocommodities.

That would surely give boost to at least a few of the formidable c-c that'll be in the wild prior to the documentary's release, regardless if those benefiting make it past the cutting floor, assuming they were initially interviewed.

My goal is still to speak at http://vidcon.com/ next year predicated, of course, on how far along the Sçhit ---> ÇPL ---> YTC ---> YTC c-c ---> BTC^$whatever concept is developed, moreover, embraced.

The above, too, would be included in the doc, at least key talking points. The producer and film crew would have total access during <redacted>'s creation process. Since I'm located outside Chicago, there, or a western burb, would be most suitable to set up a presentable office to house the required devs residing nearby (others shown remotely via Skype, et al.), and having enough room to accommodate the filming crew, unless various cameras are mounted, recording our every move - with sound, of course - to be edited remotely on a ongoing basis, extracting fodder for the best production possible.

What if? If nothing else, ÇoinProLite, et al., would show more transparency than any other alt that's come before and, possibly, after it.

~Brüno Kučinskas

http://s15.postimg.org/tj4725g7v/image.jpg

http://s29.postimg.org/zbo2e5lkn/Khan_at_TED.jpg
Salman Khan talk at TED 2011 (from ted.com) (https://www.youtube.com/watch?v=gM95HHI4gLk)

I can't go wrong using Khan Academy's YouTube channel (Ticker Symbol: Khan, KA, KhanA, or KhanAc, dependent upon what they or their subscribers choose) - https://www.youtube.com/user/khanacademy/about - as another example to further illustrate the Sçhit ---> ÇPL ---> YTC ---> YTC c-c ---> BTC^$whatever concept.

http://s2.postimg.org/umgysd2e1/Khan_Academy.jpg

https://www.khanacademy.org/images/avatars/leaf-green.png But, before I embark - again (hit a snag with the example depicted in a previous post above) - let's take a quick look at the stats of Khan (ticker symbol):

• 65 Channels
• 442,502,446 Views
• 485,631,134 Views on all 65 Channels
• 1,863,189 Subscribers
• 2,180,208 Subscribers on all 65 Channels
• 4,289 Videos
• 34,598 Videos on all 65 Channels
• 435,655 Followers with 9,831,452 Views on Google+: https://plus.google.com/+khanacademy/about
• 835,362 Likes on Facebook: https://www.facebook.com/khanacademy
• 5,002 Likes on Facebook: https://www.facebook.com/Salman.Khan.Academy
• 328,872 Followers on Twitter: https://twitter.com/khanacademy
• 15,852 Followers on Twitter: https://twitter.com/salkhanacademy
• About 79,300 results (0.34 seconds): https://www.google.com/search?rlz=1C1CHFX_enUS549US549&es_sm=122&q=%22Khan+Academy%22+bitcoin&oq=%22Khan+Academy%22+bitcoin&gs_l=serp.3..0i20l2.4822.7131.0.8772.8.8.0.0.0.0.134.500.0j4.4.0....0...1c.1.53.serp..4.4.500.4AwQ7uwEBko
• https://www.khanacademy.org/signup?cont=%2Fdonate%23bitcoin

Khan Academy has 65 channels, thus, theoretically, they could enjoy 65 YTC c-c trading on the YTC exchange platform, all having different ticker symbols, with each its c-c shares trading at no less than one US ¢ent per, for their friends, family, subscribers, students, teachers, investors, to name a few, to purchase, in which to show their support, as an investment, or both.

Continue to bear in mind that all YTC c-c (crypto-commodity) trade in increments of whole US ¢ents on the YTC c-c exchange (the domain name procured, but not yet disclosed), and not fractional or decimal segmentation of such.

Whether you realized it beforehand or not, there's not a single cryptocurrency, including Bitcoin, that can blast an email to 2,180,208 subscribers, not to mention the various other avenues Khan Academy utilizes, to notify said base whatever, with an accompanied advert(s) to boot. In fact, all the altcoins combined DON'T have that large subscriber base. That's pretty damn strong! Now, multiply that by at least a hundred, and you'll begin to approach how powerful the Sçhit ---> ÇPL ---> YTC ---> YTC c-c ---> BTC^$whatever concept truly is, all the while you and/or devs are tinkering with the next singular shitcoin that may or may not be fruitful. If the may-not's the end result, that'll just be more fodder eventually converted over to ÇPL by those, once again, who picked an underperforming alt/crypto.

All that said, and at the risk of being higgledy-piggledy (http://www.thesaurus.com/browse/higgledy-piggledy) (recent #WOTD), allow me to once again walk you through how a Sçhitcoin (not meant derogatorily  ;)) Sçhit metamorphized to ÇPL could be further traded up to YTC c-c using (you're goin' to love this) LeafCoin (http://coinmarketcap.com/currencies/leafcoin/) (LEAF) ---> Khan Academy (Khan), as the examples representing the remonetization of Sçhitcoin Sçhit to something of greater value, along with having the ability to readily exit the platform at various intervals sans needing to jump through hoops like a trained show dog performing for the promise of treats.  

Hoping that all the zeros fit the screen, LeafCoin currently trades at 2.513e-09 BTC or ~$.000001 each. Thus, it'll take 10,000 LEAF to be worth $.01 (1 US ¢ent). LeafCoin has a market cap of 39 BTC (~$17,890.86) with an available supply of 15,322,977,853 LEAF. Awesome!  :o "Circle the LEAF wagon next to the privy cart, boys! We don't want them pesky Indians gettin' their red paws on our precious." http://www.smokinvette.com/corvetteforum/images/smilies/sSic_toilet.gif

As outlined earlier, only 1% of any given Sçhitcoin's Sçhit's market cap can be queued, then converted, to ÇPL during any 30-day time frame, with some undetermined maximum percentage of that sum able to be transferred per individual (possibly determined by email or wallet addresses, and monitoring IPs to help deter gaming of the system).

For illustrative purposes, we'll consider the entire 1% lump sum, disregarding the number of actors involved. Thus, only the max $178.91 worth of LEAF (or 153,229,779 LEAF, both this and the $ amount rounded up) would be able to metamorphosize to ÇPL within any given 30-day period.

Adding the 36% premium (also outlined earlier), $178.91 becomes $243.32 worth of ÇPL via PoB [-Burn], depicted as 24,332^ç when purchasing ÇPL at its lowest possible price point - one US ¢ent/1 US penny/1¢/http://upload.wikimedia.org/wikipedia/commons/thumb/2/2e/US_One_Cent_Obv.png/48px-US_One_Cent_Obv.png.

With 24,332^ç on account, one may opt to exit the exchange(s) that ÇPL trades on to receive at least $243.32 USD or BTC/?, or... (parlay comes to mind)

The 24,332^ç could be used to purchase YTC, then one would have 24,332^YTC (YTC symbol pending, albeit this works swelly).

Again, with 24,332^YTC on account, one may opt to exit the exchange(s) that YTC trades on to receive at least $243.32 USD (considering YTC's lowest possible price point at one US ¢ent/1 US penny/1¢/http://upload.wikimedia.org/wikipedia/commons/thumb/2/2e/US_One_Cent_Obv.png/48px-US_One_Cent_Obv.png) or BTC/?, or... (parlay comes to mind)

As stated above, we're using the YouTube creator's brand Khan Academy, having the c-c ticker symbol Khan, to further illustration the Sçhitcoin Sçhit ---> ÇPL ---> YTC ---> YTC c-c ---> BTC^$whatever concept along.

The 24,332^YTC could be used to purchase YTC c-c Khan on YTC's c-c exchange, then one would have 24,332 Khan (still worth $243.32, all things considered equal) or, more precisely, 24,332 shares of Khan Academy since we're speaking of a crypto-commodity, not a cryptocurrency.

Once again, the 24,332 Khan would be able to readily exit the YTC c-c exchange in lieu of USD/BTC/?, or...

The 24,332 Khan could readily trade for the myriad YTC c-c, with one having the ability to exit from ANY c-c at will to formidable options available - USD/BTC/? (? = any other money transfer system in place, i.e., other trusted cryptocurrencies).

To be clear, if 24,332^ç enters the YTC c-c exchange, regardless what Sçhitcoin Sçhit was burned via PoB, the worse one would exit with is $243.32, maintaining their 36% premium after trading for at least one YTC c-c (more on this aspect forthcoming). The other option would be is keeping the 24,332^ç in place to take advantage of the handsome PoS [-Stake] offering.

I duly hope the above more firmly ingrains LEAF ---> YTC ---> YTC c-c's Khan ---> $/BTC/?.

The algo/protocol of YTC has yet to TBD, although its realistic maximum set amount has been formulated. Same true for each YTC c-c, all of which will be of the exact same builds, and definitely minable via low-cost, low-power registered devises, programmable by its users/miners to trade in and out of the myriad c-c depending on parameters suitable to their liking.

As mentioned prior, the IPCO of all c-c will be no less than one US ¢ent/1 US penny/1¢/http://upload.wikimedia.org/wikipedia/commons/thumb/2/2e/US_One_Cent_Obv.png/48px-US_One_Cent_Obv.png. I am toying with a two-week^{not TM} pre-IPCO trading period available only to YouTube creators having their brands already participating in the YTC program, and to those entering the YTC exchange via ÇPL, thus giving the latter another reason to participate for having previously failed at their attempt to ROI with their formally worthless Sçhitcoin Sçhit.

One will be able to acquire YTC and YTC c-c via as many cryptocurrencies as possible, including Apple Pay, and limited amounts via PayPal and credit cards, for I'm paving the way for at least a million new cryptoers desiring to purchase shares of their favorite YouTube creator's brands.

In closing, while others are building, then hawking their newfangled alt to hopefully best LEAF's $17,890.86 market cap, I'm moving forward building a billion-dollar-plus enterprise.

Questions?

~Brüno Kučinskas

Upon revisiting the above, it occurred to me that Khan Academy's 65 channels have various degrees of success, thus possibly different block awarding schedules predicated on their individual reach could be considered, tweaked in such a way to still make it advantageous for their least subscribed-to channel to enjoy the benefits that a YTC c-c has to offer.

~Brüno Kučinskas

If I were to get at least a dozen YouTube creators on board the YTC c-c concept, would you guys be more receptive of the overall endeavor?

I'm positive that after sending a blast of emails, a myriad of creators will reply with some sort of noncommittal approvals, especially after seeing that they'll have nothing to lose via participating provided, of course, their brands are protected.

~Brüno Kučinskas

At first, I thought I was witnessing Monty Python gone horribly crypto (i.e. the butt trumpets from "Holy Grail")... then this fellow Bitcoiner's epiphany hit me like a bolt of lightning. On the "Watch" list!

[Edit]
Heralding ÇoinProLite (ÇPL) Monty Python-style:

Holy fuckin' shit! I simply love it! I can easily incorporate that image into the ÇoinProLite mix, of course keeping such at bay when it comes to YTC and YTC c-c.

Yes, aside from copyright yadayada, it definitely fits the scene. Several months back, when i first learned about PoB, I was immediately intrigued; albeit at a loss for how it could be of practical use... that is, until now. Keep up the awesome work!

Also, just a thought... but this thread may be of great interest to you, if you do indeed launch your project (no affiliation):

https://bitcointalk.org/index.php?topic=802212.0

This would give your PoB altcoin some serious thrust at the appointed time, perhaps.

Well, that was an interesting read. Thanks, bud. BTW, I guess I'll be the first to provide a link to his site since somehow its owner forgot to add it in the OP: http://cryptocollider.com/.

ÇoinProLite paves the way for YouTubeCoin (real name still cloaked, albeit retains the YTC initials), et al., where content creators of highfalutin' YouTube channels have their venerable brands trade YTC c-c (crypto-commodity, depicted as two- to six-character ticker symbols) on a dedicated exchange so that they and their sycophants, among others, could potentially benefit from bellwether trends, and visualizing first-hand - on a continuous basis - how theirs truly fair against peers.

~Brüno Kučinskas

The following, sans the redactions in bold blue font, is what's currently published on the YTC site that it, too, has not been disclosed. Further, safely assume that whenever you see ™, the redacted term it accompanies has yet to be formally trademark.

---

YouTubeCoin (actual name redacted) is more than an emblematic altcoin encompassing relatively similar attributes, i.e., as an independent peer-to-peer consensus system; its primary utility functions as an online web-based trading and client portal, affording members free access to a myriad of user-friendly options, thus enabling them to further heighten, perhaps influenced by affinities or trends, any world-renowned or promising YouTube channel creator [L......™] by readily trading their now enhanced monetized brand as a crypto-commodity (c-c) [Y...Stock™] – in real time – à la a cryptocurrency-backed commodity [yA......™], exchanged on a secure, dedicated platform [YTC-...™] that's pegged to a unique ticker symbol [T.....™], never to be traded below an ICO's per share [y...™] price point of at least one U$ ¢ent (1¢), with upwards of 6% of y...s™ methodically doled out gratuitously to our affiliated YouTube publishers, plus (.)5% via a facet [y......™] to their subscribers – as y...s™ become available – distributed accordingly as gratitude for patronage and loyalty, respectively, sourced from one of the family of domains that's under the auspices of our administrative syndicate [Y....opolis™], i.e., [URL redacted], or elsewhere.

~Brüno Kučinskas

this shit is too much academic! nobody understand it!

Holy Sçhit! I need eye drops now. God, the colors are burning my eyes. A rhino shitting - seriously? LOL

I'm currently working on the white paper to present the overall project more coherently, at least that's the plan.


Okay, what's your deal? Seriously, you're not one of them rhinoshittingphobes, are you?  ;D

http://2.bp.blogspot.com/-QkppVTUK-KA/UnzoPJjpzcI/AAAAAAAAD1k/fedgVAtKAKo/s1600/%238fashionillustration.jpg

Feel better now?  :P

 ::)  ???

http://ts1.mm.bing.net/th?&id=HN.608027473775493642&w=300&h=300&c=0&pid=1.9&rs=0&p=0

where the fuck am i, and what happened in my life that i ended up here?  wowbobwow.