Bitcoin Forum

Thanks for Participating in Life. As in all things we must choose what risks and rewards we want to see through...

Where's that shut up and take my money image?

That was coming Nxt  ;D

I must have missed where this is a "fucking steal"

OP, this isn't an Internet Marketing forum. Take your nonsense elsewhere.

What is my guaranteed return for this amazing investment?

Hodor.

#HODOR COIN.

IPO.

GROUND FLOORR!!!!1112345


HODOR,
HODOR

A zero coupon bond to fund some sort of fiat denominated cryptocurrency?

Put me down for a couple billions, please  ::)

In my opinion that's confusing. As Microsoft Word spells youtube as "YouTube". I believe BitCoin should be treated the same way.

BitCoin- Should refer to the Network protocol and the native currency "bitcoin"

bitcoin or Bitcoin- refers to just the native currency depending on the sentence structure.

It gets confusing when trying to explain it to others who do not understand it is not just a smart commodity but also a network. This is the way I make the distinction in sentences.

But thank you for your opinion. Its a free market so its appreciated.

Kind Regards,

King Solomon

Just WOW.

'#EPIC'


1-1 USD? You might want to rethink that as your investors are going to have their investments devaluing at quite a rate when the dollar begins to collapse.

That is one way of looking at it from a "Crypto" lens but understand we do not sell what we are doing as another "crypto-currency". It is not.

Its a "Smart" currency and an actual currency not a commodity. "Cryptography" is implied not marketed up front... (Wider audience appeal)

Austrian School if Economics definition of money: The Most Marketable commodity.

Now tell me the lie that BitCoin is more marketable than Sollars and Sense and easier to learn. 

If you are trying to imply that any alternative currency that is pegged to the American Dollar will not work then you are sorely wrong. You are thinking we are trying to be BitCoin which WE ARE NOT. First off virtual currencies, gift cards, rewards programs, flight miles and the likes are all alternative currencies pegged to the American Dollar.

Furthermore Proof-of-Fiat need not be the only method of creation. For us it is simply the main one. But there are many other methods and configurations for currency creation we could adopt (proprietary). Just look at eMunie.

If you are serious about wanting our bonds let me know. You won't regret the diversification.

Kind Regards,

King Solomon

Hello MinerPart,

Thank you for your words. The dialogue is much appreciated.

But I don't see how your analysis is true...

You see what you are investing in is not the currency but our bonds to receive the currency at a future date. Furthermore the price of the bonds that you pay today are very steep. I demonstrated this in my first response today.

Divide 1 Billion by 70 and you get $14 Million (this does not take into account the 1-1 exchange changing in favor of Sollars)

I dont think you caught it but I already stated that the peg to the American Dollar at a 1-1 exchange will undoubtedly change in Sollars favor due to a deteriorating financial system. It is done today for adoption purposes. We have our plans for the future...

Sollar Bonds is the best Crypto-Investment of 2014 hands down. Its time to diversify plain and simple. Thanks again.

Kind Regards,

King Solomon

Yes, I'm viewing this through a 'crypto' lens, as this is a cryptoforum dealing in cryptosecurities denominated in a cryptocurrency.

Cryptography is implied, but is it actually used here. Or is this just a random private currency that you're making up out of thin air? Anyone can do that. What makes it 'Smart'?

Bitcoin is clearly more marketable - cryptographically secure, peer to peer, non-reversible, NO pegging to fiat currencies. Yes, Bitcoin is infinitely more marketable thank your random private currency that you've just pulled out of thin air.

So Proof of Fiat is not the only method of creation - why is this even a method of creation? If I can prove that I have $1,000,000 why should that entitle me to $1,000,000 Sollarsbucks? And what is the other method of creation?

I am 100% completely joking about the bonds, as I'm just looking a bunch of pseudofinancial gibberish and hashtags here.

http://www.youtube.com/watch?v=CSK0cOJfzhA (http://www.youtube.com/watch?v=CSK0cOJfzhA)

It seems in March May you had plans for 'sollars and sense' to be a payment system for cable TV subscription? A 'pay what you view' type billing system.

Now you are selling bond-type investments in the future profits from this payment network - which you now see going Global. Can you say:

1) How much revenue has sollars and sense raised this year from the Cable TV subscription payment service?

2) What level of fees will you will be charging for sollars  and sense network transactions?

3) What unique benifits of sollars and sense will make it more likely to be mass adopted than Bit Coin?

Why should we care about this private currency that is pegged to the US dollar? What benefits does it have over dollars?

The first page of your "social contract" is rather humorous.
The same contract mentions the company being based in Chicago. Do you think the above quote could stand up in a US court? It seems to me that you are selling heavily discounted zero coupon bonds (yes, actual bonds) with a 10 year maturity. I'm not a lawyer, but it seems that you run a high legal risk as you are based in the US. Just because you say it's not a traditional security, asset or commodity doesn't make it true. As they say, if it walks like a duck...

While you say a lot, your posts don't have that much useful information. All I see is promise of riches based on vague plans from a company creating many unrelated services using a private currency.

Hello MinerPart,

Thank you again for your inquiries.

You should read my original post on BitCoin Talk. Do the full due diligence. It would just save us both on time. That is why unlike all other projects we provide you a way to understand what we are doing.

As I have stated before Sollars and Sense was not a response to BitCoin or any other digital currency. Sollars started out 4 years ago as an ideal solution to the ridiculously DUMB pricing system of Hollywood and Television, hence #SmartMoney. I'm a filmmaker as well as a technologist...
 
Intelligent or "Smart" is at the core of why I originally started my own currency. It referred to an automated supply and demand pricing system with easy and convenient 1 click transactions. This even at micro-prices (1 cent, 3 Sense) which is non-existent in Hollywood economics and its business model. This currency would empower me as an Individual and Filmmaker to EMPOWER other INDIVIDUALS to support my films AT THE RIGHT PRICE.

Over the years as I studied Information, Economics, Technology, and Banking this currency has become much much more ambitious in what it will do... And it will do it all WHEN THE TIME IS RIGHT. Timing is everything my friend. Just look at Facebook/MySpace. So to answer your questions:

1.) Sollars is still currently being developed in Stealth. Sollywood TV is simply the platform it will be launching with. Sollywood TV IS NOT THE ONLY PLATFORM IT WILL BE USED WITH. Our strategic path is proprietary. Sollar Bonds and the SOLB Exchange are what our immediate attention will be geared towards. It is cost-effective and a no-brainer money maker and fundraiser for the currency poised to change everything. If you cannot see the currency business model then so be it. Don't invest.

2.) You are thinking too far ahead. Patience my friend... Sollars is not BitCoin. If all goes well there will be no fees.

3.) Wow where do we begin... I'll give you four that are obvious: Superior Brand and Marketing, Non-Volatility, Controlled Direction and Vision, Multi and upgradable Programmable Monetary Policies that are all geared towards low barrier to entry FOR ALL INDIVIDUALS while keeping the balance of Supply and Demand in the network. Proof-of-Fiat is one programmed monetary policy, there are many others.

POW is neither cost-effective nor changeable. Its a one-size fits all policy that has lead to a few owning half of the supply of BitCoins. That is 1000 individuals own more than half of the supply. There are 7 Billion people in the world... If you don't see that as a problem then I cannot advise you to invest in us.

If you do then its time to diversify.


Kind Regards,

King Solomon

"Investors" in this will take a 100% loss.  


Are you doing this from the United States?

Federal law, and recent history (e-gold, e-bullion) aside, why would any Bitcoiner want to invest in your video game currency?  You're offer is WoW Gold, but worthless since you don't have a game to spend it in.

I have read this thread and the "social contract". The portion I originally quoted (as well as other places in the document) states that Solomon Adekale (or is it Sollywood, Inc.?) is the issuer of this "zero coupon bond". It also states that the "bond" or "unit of free speech"(as you call it, whatever it means) can be redeemed upon maturity (10 years) for 1 sollar (equivalent to 1 US dollar), presumably by the issuer. How is this not a bond? Do you have an example of a similar scenario that has been upheld in court?

Maybe you missed it the first time, but what is the benefit of this private currency that is pegged to the dollar? What benefit does it have over dollars?

Good luck with your currency, my personal opinion is this bond issue is a pseudo-ponzi scheme and your currency has zero chance of mass-adoption success. Don't take that the wrong way though - it's just my opinion.

Maybe you should try to see this project from another perspective, it seems very very hyped. If you have a strong concept and strong product you shouldn't need to keep calling it 'EPIC' and the 'Singularity of money' and the 'final revelation of digital currency'. To be sure no one has yet agreed with you on that.

I would advise you to strip the confusing sales pitch away, forget about bonds, and focus on the core of your business idea. But don't spend too much time on this project, Bit Coin has phenomenal potential now and is as good as unstoppable.

1.  The dollar is anti-Smooth.  The Sollar just oozes Smooth.
2.  The dollar is made by statist pigs and causes wars.  The Sollar causes peace because disruptive technology.

How unfortunate, I was hoping to understand why this project is so great instead of you telling me that it is.

i like this, can i invest 0.03 BTC ?

also when is release date ?  is there risk of project fail ? do u plan to attend bitcoin conferences ?

thnx

Did anybody else get spammy-tasting personal messages from this guy? 

I got:

Did he send this form letter to everybody and their dog?  If so can we just brand him a spammer and get the hell rid of him?

Since I've been invited to "let us know what you think," I'm going to say what I think.   

This is utterly dumb.  Unless you give some very convincing reasons why this will see faster and deeper adoption than Bitcoin, which you haven't, nobody is going to believe that it will see adoption as a world's reserve currency.

This is utterly dumb, again.  You're trying to sell something that a dozen altcoins a week give away for free.  If you're trying to sell something more than that, you sure as heck haven't said what else.

This is utterly dumb, a third time.  You're planning to peg this thing to currencies you don't control.  Gresham already explained why that's not going to work, so you're demonstrating a basic ignorance of economics which undermines your credibility even further.

This is utterly dumb, a fourth time.  You're planning on results from an amazingly effective viral-marketing campaign but there is no evidence whatsoever that you have *EVER* run a successful viral marketing campaign, let alone an amazingly effective one.   If Randall Munroe, Philip Graham, or Cory Doctorow said they were going to run an amazingly effective viral marketing campaign, I would believe any of them.  Because they've done exactly that, more than once.  Who are you again, and what viral marketing campaigns should I know you from?

Also, the people whom you'd have to sell this to in order to make it a world reserve currency?  Yeaah, that's going to take a hell of a lot more than a viral marketing campaign.  How many of them already know who you are, care what you do, and are ready to trust you with the future of their nation's economies?  Zero.  Right.  So by what miracle do you expect this to come true? 

In order to fulfil these bonds, you need to win people's confidence.  I mean a lot of cautious people who have been trusted to run national economies.  But that's a problem because your communications as we've seen so far do not inspire confidence.  Reading the things you've written rings a lot of warning bells that say things like "scammer" and "idiot" and "narcissist" and "delusional" and so on.  If this is how well you do at winning people's trust, I would say your efforts at making your bonds actually become valuable (by winning people's trust) are doomed to failure. 

So, anyway, that's what I think.

Hey Cryddit,

First I want to thank you for reading the personal message I sent you and chiming in. I've actually read many of your posts and it struck me your opinions would be quite interesting to hear. Open discussions are always great to have and the crypto free market is a great place to be in right now.

With that said it is painfully obvious you have not actually done your due diligence. It is clear you would like to be the Michael Jordan of scoring "FUD" points as your ad hominems, red herrings and non sequiturs are quite colorfully painted... and DEFINITELY scored! Its a brilliant performance if you ask me.

Job well done.

If the powers that be in this forum would like to ban me that is there choice and decision. I do not believe I've done anyone wrong or scammed anyone out of BTC. If that is so they can come forward.

Just don't ban me today... Its my Birthday  ;D

Again Thank you Cryddit. Time will tell if your assertions are true. All is well in Sollywood.

Kind Regards,

King Solomon

Happy birthday, SolomonSollarsNSense!
Accept this important message as a gift - from one financial visionary to another!

what is this ? Where wallet ?