Dear GMC community, I received notice that the donation indicated above was received and contributed to the EMC2 crowdfunding campaign for the advancement of science research. For those who may be unfamiliar with EMC2, we are a cause-coin that allocates 2% of coins mined to scientific endeavors. When we find a science project that is particularly interesting we create a crowdfunding campaign to support it. Crowdfunding with cryptocurrency and cryptocurrency sponsor perks create a powerful vehicle to introduce cryptocurrency to the larger population. On behalf of the EMC2 community and the crowd funding beneficiary for this project, I thank you for your individual donations and your ongoing campaign support. Sincerely, Armis President The Einsteinium Foundation |
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Wow, it's great to see this, will PM shortly. If there is anything else your project needs please include this in your PM. I have been allocated a budget for community outreach, support, and charity. It would be great if EMC2 could be your official charity, in this way we add you to our OP as our first official benefactor. There's no fee or charge associated with the privilege at the moment, but it would allows to know that we have a receptive ear and willing wallet as we present future charitable endeavors. |
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Wow, it's great to see this, will PM shortly. |
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Here is a tally of the official PIMP sponsorship donations: 2015-01-18 12:30:01 Deposit 1301.42189999 PIMP (4ab45ff1764cd268069559329c66d795b45821d4f8f638e11f8ecb7d85a5995e) +1301.42189999 PIMP 2015-01-16 16:20:01 Deposit 1082.50461734 PIMP (911aa490d51677c5fe21b66265f4b498e5ec94757a201fa545348332ddb81fc3) +1082.50461734 PIMP 2015-01-15 22:24:01 Deposit 5681.34937681 EMC2 (22b17c1ac583e30eabc5d258b38db4918d9005031ec83475888cde067be9fa14) +5681.34937681 EMC2 2015-01-14 08:50:01 Deposit 50000 PIMP (Inner_1421243401W140835628FFB38621D28D32260) +50000 PIMP 2015-01-14 00:34:01 Deposit 581.73417561 PIMP (0360f70be4c42c0eaab618b8c35d313fb42a4239b00229a71b3413566a3b064d) +581.73417561 PIMP 2015-01-13 21:02:01 Deposit 5009.5011111 PIMP (9071b33bab295ab6da85c2215b429688ac23cad1c9da9aa910e4e47350894661) +5009.5011111 PIMP 2015-01-11 10:08:01 Deposit 30000 PIMP (f742ae91368074cd31486583d3ccaa0ef5bccd9e48425eb4e01937c04a4865b4) +30000 PIMP 2015-01-11 08:12:01 Deposit 4963.05 PIMP (40cd6462f2db5f69b2aa27127d9e726baaf80769435d603cd3ea2bc82aafab63) +4963.05 PIMP 2015-01-10 17:34:01 Deposit 30000 PIMP (87746e80c739ce09dcdb32047d4f3c699470d8f96d91a5a73624095b9f701c28) +30000 PIMP Thank you for donating to: https://www.indiegogo.com/projects/sciencestudy-memory-loss-due-to-sleep-deprivationA Big Thanks to the PIMP Community, everyone keeps sending between 1-500 PIMP to the EMC2Fund and we just !sendtoresearch Very glad PIMP can Help, Thanks for the Update! 2015-01-18 15:14:01 Deposit 10017.44612664 PIMP (ce58828fc62df30e82413ecb159a086ff39b880bbe6327282ec742801c941623) +10017.44612664 PIMP received moments ago, thanks. PIMP is clearly ruling C-Cex have been on the Hot Coins list from the start, was in second position yesterday, now in first position -- CONGRATULATIONS!!! |
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Currently we have 6 people representing 5 different coins who are actively involved in the discussions about the creation of a crowdfunding website to rival indiegogo and kickstarter, we are more than halfway to the goal of 10 individuals representing at least 7 different coins. I know the importance of cooperative commitment for the success of goals, so without reservation I can tell you that the 10/7 min involvement mix is imperative. This is a very serious project that requires magnificent commitment. ______________________ Here is a tally of the official PIMP sponsorship donations: 2015-01-18 12:30:01 Deposit 1301.42189999 PIMP (4ab45ff1764cd268069559329c66d795b45821d4f8f638e11f8ecb7d85a5995e) +1301.42189999 PIMP 2015-01-16 16:20:01 Deposit 1082.50461734 PIMP (911aa490d51677c5fe21b66265f4b498e5ec94757a201fa545348332ddb81fc3) +1082.50461734 PIMP 2015-01-15 22:24:01 Deposit 5681.34937681 EMC2 (22b17c1ac583e30eabc5d258b38db4918d9005031ec83475888cde067be9fa14) +5681.34937681 EMC2 2015-01-14 08:50:01 Deposit 50000 PIMP (Inner_1421243401W140835628FFB38621D28D32260) +50000 PIMP 2015-01-14 00:34:01 Deposit 581.73417561 PIMP (0360f70be4c42c0eaab618b8c35d313fb42a4239b00229a71b3413566a3b064d) +581.73417561 PIMP 2015-01-13 21:02:01 Deposit 5009.5011111 PIMP (9071b33bab295ab6da85c2215b429688ac23cad1c9da9aa910e4e47350894661) +5009.5011111 PIMP 2015-01-11 10:08:01 Deposit 30000 PIMP (f742ae91368074cd31486583d3ccaa0ef5bccd9e48425eb4e01937c04a4865b4) +30000 PIMP 2015-01-11 08:12:01 Deposit 4963.05 PIMP (40cd6462f2db5f69b2aa27127d9e726baaf80769435d603cd3ea2bc82aafab63) +4963.05 PIMP 2015-01-10 17:34:01 Deposit 30000 PIMP (87746e80c739ce09dcdb32047d4f3c699470d8f96d91a5a73624095b9f701c28) +30000 PIMP Thank you for donating to: https://www.indiegogo.com/projects/sciencestudy-memory-loss-due-to-sleep-deprivationA Big Thanks to the PIMP Community, everyone keeps sending between 1-500 PIMP to the EMC2Fund and we just !sendtoresearch Very glad PIMP can Help, Thanks for the Update! 2015-01-18 15:14:01 Deposit 10017.44612664 PIMP (ce58828fc62df30e82413ecb159a086ff39b880bbe6327282ec742801c941623) +10017.44612664 PIMP received moments ago, thanks. PIMP is clearly ruling C-Cex have been on the Hot Coins list from the start, was in second position yesterday, now in first position -- CONGRATULATIONS!!! Interesting how each of the coins that have given to the campaign have risen dramatically. Someone should ask the leadership at bitcoin to donate, it would be great to see BTC increase substantially. |
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Here is a tally of the official PIMP sponsorship donations: 2015-01-18 12:30:01 Deposit 1301.42189999 PIMP (4ab45ff1764cd268069559329c66d795b45821d4f8f638e11f8ecb7d85a5995e) +1301.42189999 PIMP 2015-01-16 16:20:01 Deposit 1082.50461734 PIMP (911aa490d51677c5fe21b66265f4b498e5ec94757a201fa545348332ddb81fc3) +1082.50461734 PIMP 2015-01-15 22:24:01 Deposit 5681.34937681 EMC2 (22b17c1ac583e30eabc5d258b38db4918d9005031ec83475888cde067be9fa14) +5681.34937681 EMC2 2015-01-14 08:50:01 Deposit 50000 PIMP (Inner_1421243401W140835628FFB38621D28D32260) +50000 PIMP 2015-01-14 00:34:01 Deposit 581.73417561 PIMP (0360f70be4c42c0eaab618b8c35d313fb42a4239b00229a71b3413566a3b064d) +581.73417561 PIMP 2015-01-13 21:02:01 Deposit 5009.5011111 PIMP (9071b33bab295ab6da85c2215b429688ac23cad1c9da9aa910e4e47350894661) +5009.5011111 PIMP 2015-01-11 10:08:01 Deposit 30000 PIMP (f742ae91368074cd31486583d3ccaa0ef5bccd9e48425eb4e01937c04a4865b4) +30000 PIMP 2015-01-11 08:12:01 Deposit 4963.05 PIMP (40cd6462f2db5f69b2aa27127d9e726baaf80769435d603cd3ea2bc82aafab63) +4963.05 PIMP 2015-01-10 17:34:01 Deposit 30000 PIMP (87746e80c739ce09dcdb32047d4f3c699470d8f96d91a5a73624095b9f701c28) +30000 PIMP Thank you for donating to: https://www.indiegogo.com/projects/sciencestudy-memory-loss-due-to-sleep-deprivation |
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I have a question for the community: is there any interest in having a resource to buy or sell HBN directly for fiat?
In my opinion, something like that would be great but given the relatively low volume on our main exchange Cryptsy, I doubt it would be beneficial.
I have a question for the community: is there any interest in having a resource to buy or sell HBN directly for fiat?
To me anything that can help spread the word, and create additional liquidity for HBN is a good thing. Having said that, I also agree with PressF1, the volume may or may not be there to support the additional market. But as always if someone is willing to put in the resources to make it happen, I will do whatever I can to help. We at EMC2 are considering it for our coin, my thought is to also consider it for a few other coins too, coins that are appear to be relatively stable and reliable. Obviously price isn't the sole factor to determine stability. For now I'm sending out the feelers to gauge overall demand, thanks for the responses they are helpful. I think I have to disagree with PressF1 and Tranz, and that don't happen very often. But frankly, what holds all alts down right now is that they are linked to BTC, often solely, and with little way of exit. Links to Fiat has multiple good points, not the least of which is that it decouples that link between HBN and BTC. BTC is hardly the best Crypto, it's just the gatekeeper. I would be quite supportive of such a thing, if it's done well and transparently. I think every coin should have such a service via their foundation -- The HBN Foundation. this type of service in-house could have a very stabilizing affect on a coin and community. Having multiple resources for the same service results in competitive pricing and added liquidity. I'll keep everyone posted as this develops. |
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thanks for that but I don't see how this would help solve the problem please explain and enlighten Pretty good idea that, not sure how and if it would work with EMC2, but something to think about. This is the breakout year for coins and potential uses beyond gambling on exchanges. Biggest problem is acquisition and entry into the market by people who don't want to have to learn everything and send id to random websites every time they want some currency. Question, what's your position on The Einsteinium Foundation doing cryptobanking as indicated above, having a resource for direct EMC2 to Fiat and Fiat to EMC2? I support it as long as it is legal and the back end isn't too cumbersome to maintain. As you mentioned earlier, this valuation problem affects most alts. Perhaps we could get a campaign going to get as many coins as possible on board, as long as they can be vetted, to lighten the load of management, maintenance and cost. Form a consortium perhaps a CC Union as it were... Also, doesn't Circle.com do exactly that for Bitcoin right now? It offers direct USD to Bitcoin conversion and back, fluid value, one goes up so does the other etc. You can move both in and out. Perhaps they might be open to adding other coins? Yes, Circle.com and Coinbase.com are the top BTC/USD exchanges. My guess is they are considering some alts given where btc is at. For a long while coinbase limited their reach to the USA, only recently did they branch out to other countries and the roll out is rather slow. Personally, I think every coin should have this resource in house via a foundation for their own coin. It would have a stabilizing effect on respective coins. |
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I have a question for the community: is there any interest in having a resource to buy or sell HBN directly for fiat?
In my opinion, something like that would be great but given the relatively low volume on our main exchange Cryptsy, I doubt it would be beneficial.
I have a question for the community: is there any interest in having a resource to buy or sell HBN directly for fiat?
To me anything that can help spread the word, and create additional liquidity for HBN is a good thing. Having said that, I also agree with PressF1, the volume may or may not be there to support the additional market. But as always if someone is willing to put in the resources to make it happen, I will do whatever I can to help. We at EMC2 are considering it for our coin, my thought is to also consider it for a few other coins too, coins that are appear to be relatively stable and reliable. Obviously price isn't the sole factor to determine stability. For now I'm sending out the feelers to gauge overall demand, thanks for the responses they are helpful. |
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thanks for that but I don't see how this would help solve the problem please explain and enlighten Pretty good idea that, not sure how and if it would work with EMC2, but something to think about. This is the breakout year for coins and potential uses beyond gambling on exchanges. Biggest problem is acquisition and entry into the market by people who don't want to have to learn everything and send id to random websites every time they want some currency. Question, what's your position on The Einsteinium Foundation doing cryptobanking as indicated above, having a resource for direct EMC2 to Fiat and Fiat to EMC2? |
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thanks for that but I don't see how this would help solve the problem please explain and enlighten |
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The developer of our crowdfunding site has agreed to work with EMC2 and the other cause coins to create a one stop cryptocurrency crowdfunding site that supports multiple currencies (such as EMC2 and HYPER). It is going to be a revolutionary project and exciting times for all of us. Armis I have sent you a PM and he will be in contact with you too soon. Bring on the future!
I'm greatly encouraged by your enthusiasm, with this knowledge the EMC2 board will finalize our relevant discussions, if all is well we will make a preliminary announcement to the EMC2 community then seek the participation of other cause-coins. As you know, I'm generally in favor, as details come to fore my hope is that many coins are involved and that we bring a very competitive product to the crowd funding space so that it is extremely profitable for all coins concerned. |
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I have a question for the community: is there any interest in having a resource to buy or sell HBN directly for fiat?
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GMC now at 825 sat wonderful performance from this coin. Interesting how alts are going up and btc seems to be going down. The dilemma is 'how do you trade' and retain the alt coin appreciation'?
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why so cheap?  sometimes people make mistakes, however in the CC industry you have to beware of the people who are trying to move markets to their advantage first impressions make longer impressions so move it up as quickly as possible so that the trade is viewed as an error rather than a right. |
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I'm all for it too. I think this would also help other coins that are stable and have been around for a while. If EMC2 can get this market, then other coins could too. Seems like a win/win to me.
I've decided to take the discussion to the next level, Up for discussion at the board level is the notion of cryptobanking EMC2 -- buying and selling EMC2 for fiat -- what coinbase is to BTC in the US, with a more humble beginning. About a year ago someone created a website specifically for the sale of Gold coin for fiat, the site was a big hit and drove the CC's market rates magnificently high. But as the US gov discussed rule changes and issued wholesale arrests and prosecution of various people for a sundry of offenses related to bitcoin it cause widespread fear in the CC community, so much so that the webmaster for the subject site shut it down opting to be safe not sorry. The uncertainty of gov regulations caused unreasonable actions that resulted in real loss. The site owner may have looked into compliance and decided against it, but if he did he would have found very little paperwork to do and a reasonable amount of expected accountability, well worth the headache if he knew the down side of closing his site's doors. Given BTC's nose-dive performance throughout the year of 2014, and the fact that EMC2 has been dragged down numerous times because of btc's performance, I'm proposing that we seriously discuss the implementation of cryptobanking EMC2. My recommendation is to have a 100% legitimate, by-the-book, money transmitting site that buys and sells EMC2 for fiat. Furthermore, for the safety, security, and integrity of the CC perform all transactions manually. to limit the size and quantity of transactions, and limit the number of individuals and exchanges that have access to the EMC2 bank. All account holders would be vetted by community standards which would include all legally mandated verification processes -- no anonymity, yes confidentiality. Members would be required to maintain reserves ie: 500K EMC2 for individuals and 1M EMC2 for exchanges, we would provide interest on those cold storage reserves. This system will remove lots of coin from the open market, will provide a direct CC-fiat connection that would allow exchanges to set-up other markets for EMC2. This subject is wide open for thorough discussion. Here is some info for US compliance, www.fincen.govwww.fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.htmlwww.fincen.gov/news_room/speech/pdf/20130613.pdfwww.fincen.gov/financial_institutions/msb/msbstateselector.htmlkeep in mine different countries have different laws, we will focus on countries that are the most CC friendly. In this way now exchanges have great incentives and are well motivated to create EMC2 markets |
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Up for discussion at the board level is the notion of cryptobanking EMC2 -- buying and selling EMC2 for fiat -- what coinbase is to BTC in the US, with a more humble beginning. About a year ago someone created a website specifically for the sale of Gold coin for fiat, the site was a big hit and drove the CC's market rates magnificently high. But as the US gov discussed rule changes and issued wholesale arrests and prosecution of various people for a sundry of offenses related to bitcoin it cause widespread fear in the CC community, so much so that the webmaster for the subject site shut it down opting to be safe not sorry. The uncertainty of gov regulations caused unreasonable actions that resulted in real loss. The site owner may have looked into compliance and decided against it, but if he did he would have found very little paperwork to do and a reasonable amount of expected accountability, well worth the headache if he knew the down side of closing his site's doors. Given BTC's nose-dive performance throughout the year of 2014, and the fact that EMC2 has been dragged down numerous times because of btc's performance, I'm proposing that we seriously discuss the implementation of cryptobanking EMC2. My recommendation is to have a 100% legitimate, by-the-book, money transmitting site that buys and sells EMC2 for fiat. Furthermore, for the safety, security, and integrity of the CC perform all transactions manually. to limit the size and quantity of transactions, and limit the number of individuals and exchanges that have access to the EMC2 bank. All account holders would be vetted by community standards which would include all legally mandated verification processes -- no anonymity, yes confidentiality. Members would be required to maintain reserves ie: 500K EMC2 for individuals and 1M EMC2 for exchanges, we would provide interest on those cold storage reserves. This system will remove lots of coin from the open market, will provide a direct CC-fiat connection that would allow exchanges to set-up other markets for EMC2. This subject is wide open for thorough discussion. Here is some info for US compliance, www.fincen.govwww.fincen.gov/statutes_regs/guidance/html/FIN-2013-G001.htmlwww.fincen.gov/news_room/speech/pdf/20130613.pdfwww.fincen.gov/financial_institutions/msb/msbstateselector.htmlkeep in mine different countries have different laws, we will focus on countries that are the most CC friendly. |
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