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101  Alternate cryptocurrencies / Altcoin Discussion / Re: HonestCoin New Coin!! on: February 12, 2014, 12:04:58 AM
16 - 42's later

I declare honestly no private message till now

and no answer to my questions I hope honestCoin gets its value

e^e 42's later difficulty had increased to support honestcoin

I wonder if there is a pattern there

New question:
Philosophically what is the value of honestcoin??

every reply is also an investment therefore those who send answers either in private or in public you shall be remembered as having

honest curiousity
102  Alternate cryptocurrencies / Altcoin Discussion / Re: HonestCoin New Coin!! on: February 11, 2014, 11:00:55 PM
In your 42 minutes of patience every word I connect to you stompix  Smiley

Honestly: another e of 42 mins has passed

no pm's yet

donations limit is  1 - 42

and '3' coins only allowed for donations

 1. BTC
 2. 42
 3. coin suggested by first reply as honest coin
103  Alternate cryptocurrencies / Altcoin Discussion / Re: HonestCoin New Coin!! on: February 11, 2014, 10:44:13 PM
Difficulty has increased now,

I'll work more

Answer to the previous question is:

Read the question carefully:

In theory, if it was possible to have a coin capable of holding value to it's wallet users honesty

how do you think it'll enter this world?

Hint: Unified field theory

104  Alternate cryptocurrencies / Altcoin Discussion / Re: HonestCoin New Coin!! on: February 11, 2014, 10:37:52 PM
@(stompix)-There is a secret in this text wall that'll be revealed if you find it it'll give you relief

Which 42nd minute is this?
Anyone?



105  Alternate cryptocurrencies / Altcoin Discussion / Re: HonestCoin New Coin!! on: February 11, 2014, 09:50:14 PM
At e times my block size of 42 minutes i have a puzzle

Puzzle = What is the right question?
106  Alternate cryptocurrencies / Altcoin Discussion / Re: HonestCoin New Coin!! on: February 11, 2014, 08:22:38 PM
No pm's received

1st 42 minutes over

One honest appreciation was an investment itself  Smiley

2nd 42 minutes over
107  Alternate cryptocurrencies / Altcoin Discussion / HonestCoin New Coin!! on: February 11, 2014, 07:36:31 PM
Honestcoin is a coin designed to encourage use of cryptocurrencies for carrying out business

Any coin's value is based on what value people give it.

Honestcoins value is dependent on the amount of faith people have in the need for honest yet private transactions

Honestcoin is a very risky investment, the original nodes entering the system need to be in tune with the mission

As the intial trading network has to be created on the basis of faith, the nodes only refer users to the network that they have faith on

PM me if you'd like to support an Honestcoin.

Donations are capped at 5 honest donations,

Here is how it works:

You donate money to 5 BTC wallets set for the honestcoin pool without hoping for a return

transaction details are not to be made public, details are discussed in pm

I estimate discussing on pm and donations, and ensuring individuality of donations is verified by donated stake ...this will take about 2 days

I will honestly declare donations every 42 minutes...donations collected during 42 minutes will be facilitated by me regardless of my awareness of the number of donations received

If still at any point of time 5+ donations are received, these donations will be shared with the rest of the honestcoin pool but the unfortunate investor will lose his/her coins...

This is not a problem as this unfortunate trader shall learn the price of altruism and the price of honesty and will be informed of the communities private development to follow it as it unfurls,

from beginning itself no user will be given the power to hurt the communities stake but will be given a wide window for gaining honestcredit for supporting the community

One link of information shall always be hidden from invitations to honestcoin so that the leap of faith during initial investment is an investment into honesty itself.

This should be an interesting experiment to watch!

108  Economy / Games and rounds / Re: Giveaway of Bitcoin - guess a number between 1-1000 and Win 0.01bitcoins on: February 11, 2014, 05:44:00 PM
23

1dZSEtRhu9u4nP8Pyb3VLScj58oojs1UF
109  Local / India / Re: How can bitcoin penetrate rural India? on: February 09, 2014, 08:19:22 PM
We're in the financial market, bitcoin penetration in rural India needs to extract additional value to be a fruitful venture.

The value proposition needs to be financial.

Currently international money transfer is cheap through bitcoins, a new distribution model that supplies from the farms to international markets would be required but like the conventional food trade trust needs to be gained, this could be done by using skype and connecting through the bitcoin community.

Check out the post on Bitcoin International Partnerships.

The Idea could be used to get the farmers better prices.
110  Alternate cryptocurrencies / Altcoin Discussion / Re: I have $1,000,000 USD to invest in Alt-Coins. What are my options? on: February 09, 2014, 08:00:31 PM
Go for FTC,

It is heavily invested into on BTC-e...more peer investments secure a coins existence.

It has a very low transaction charge about 0.000029 BTC as per the speed provided by the network this is pretty great. FTC is a well kept secret, it also has dollar exchange available ... at current value of 0.00029 it is very cheap too.

Requirements for FTC processing are currently not too difficult either and as adoption of cryptocurrencies increase, the chances are FTC'll have more nodes which would make the system more decentralized.

Also, FTC follows BTC in up and down trends really well, it seems to also resemble faith in cryptos.

I feel it'd be better if you cross checked what I say using google, in effect it'll help you understand the situation better so you can decide for yourself.

Lol spend those 10 dollars well


LTC:
LWQeyEkjAgqsCeCj1zVciJoCsCG1NbNxjd
111  Bitcoin / Project Development / Re: I want to open a btc/ltc bank..any ideas and developers? on: February 09, 2014, 06:24:48 PM
You'll need money to make money firstly... as a bank that is required.
Check out the post: Bitcoin international partnership facilitation

I know the guy from Btc-e he's a long time trader and understands a system is required for the layman who wouldn't take the time out to understand your system but would just need to know that it works.
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