Very true. Likewise, it appears that the blockchain was misunderstood by me. It represents both purchases and transfers and also the mining of coins. The miners are usually receiving 1 coin, not the 72,000 that I saw. Whoever has that amount, I guarantee you, they are wealthy beyond measure if they keep it for the next 6 months.

I think that's a mighty fine idea.

Also Dollar Online.... but I feel there is only so much you can do with a couple of pixels for the logo to be presented on the Coin Market Capital website.

Sweet, so we are approximately half way there!!! I was thinking that GeoCoins would be something that pop up at random, instead of them being dropped by people. I guess people can drop them in order to market their product or their stores? I am not sure. But regardless, I am super excited for this coin.... I feel it has a great potential.... will probably be as one of the top coins soon. Possibly go into the billions of market capital. Just like ReddCoin, I also believe it is going to the billions of market capital. I can't wait for the App to be released. What is the date on that?

We seriously gotta edit that logo on the Coin Market Cap. Right now, it looks like some sort of a virus close up. Either malaria or ebola.... I had no idea it was an olive branch. Gotta change the logo on that website so that people are not wondering what it is.... something nice looking, something that says France, something that say "this coin is going to be amazing!"

Let's see what happens. But it says the max supply is like 71 mil. But on Yobit, I noticed there were like 50 bil coins for sale. What is the max supply?

I will second that and say that I agree, that is why I have invested. How is the coin distribution project going, Francs team? Did the shops in France receive an invitation to join Francs? Francs are rising as of today.

Yo, what is the max supply of these coins? How can I buy some?

So what is the limit for GeoCoins? What is the total amount of GeoCoins that can be available?

Gotcha, thank you so much for the explanation guys, I do not really know how all of this blockchain stuff works. I better stick to economics. Thanks for your awesome advice! Then things work well as they should be!

See for yourself.

https://chainz.cryptoid.info/geo/

Is that the case? Then what's with the whole video about GeoCoins being found every 11 square meters on the limited surface of the earth? I think it is a great concept if the development team just randomly made new coins appears around the world, as long as the current coins double or triple so that the new coins do not dilute, to whatever extent, the original investment of the current GeoCoin holders.

"1235695 5 hours 9 minutes  31.6 kB 72,373.80845273 GEO 403.3  GaNTQy6kzdqN7..."

Really? You mean I spent $1,200 for 1,400 GeoCoins, but someone goes ahead and just pockets 72,373.80845273 at the following address:  GaNTQy6kzdqN7uyxg97KHvt2YZsW6DMg4W. See? This is what I call investor dilution.... this is in fact, theft. That is 51.7 times more than what I received for paying $1,200. So someone literally got $62,040 in just a couple of seconds.... that's really screwed up. How does that even happen? But that $62,040 is not that person's money, who mined it, it is the money of the people like me who invested and put money into the coin. That 72,373.8 is just like the government printing money for themselves. It dilutes the dollars.... so inflation happens and each dollar you have is worth less because there are more dollars out there. Because the goods and services which you can buy with that dollar remain the same.

Peter, I am not sure exactly if you understood what I was saying, and I am not completely sure I understand what you are saying either. However, as of yesterday, the amount of outstanding coins were in the 2.6 millions? Today, there are over 3 million coins.... Even though the market capital went from $2,000,000 to $2,389,533, my investment actually went down slightly.... Why? Coin dilution.... that is EXACTLY what I am saying the development team needs to prevent. Because they can create as many coins as they want and distribute them out like hotcakes.... but the more coins that are entering the market, it reduces the value of the current coins. FOR EXAMPLE, if the market capital is $10,000,000 and there are 5,000,000 coins outstanding..... then each coin is worth $2. So the people who bought 50 coins, will have invested $100. If tomorrow, let's say, there are 10,000,000 coins, because we just release them like hotcakes and people just collect them. Then the coin is all of the sudden worth $1 each. So people's investment reduced by 50%, as they shared their investment with the people who just went and collected them. However, if you double the coins for current investors.... and release 5,000,000 more the next day, the equation is rather different. There would be 15,000,000 coins, 10,000,000 of which the original investors own. Then their investment will not go down from $100 to $50, but rather ($10,000,000 / 15,000,000 = $0.67 per coin). And since the original investors' coins were doubled.... they would in fact have $67, instead of diluting it all the way down to $50 with keeping the rate of new coins the same as the old coins. That is why BitCoin and any other minable currencies introduce halving.... but if you cannot halve.... you can double the current investors' shares in order to "halve" the new coins by actually increasing the old ones.

It's economics.... and I can already see, what I was afraid of, is already beginning to happen. The amount of coins went from 2.6 million to 3.0 million in ONE DAY. That diluted my investment tremendously and gave it to people who simply mined them or collected them. Even though the market capital ROSE, my investment went down. My idea is what supports to protect the investors' investments, or else they will stop investing and go elsewhere, where the economics actually make sense. Otherwise.... you have communism - where those who put nothing in, get the same amount as those who did. The wealth is taken from the investor, and given away drastically to the collector of coins who spent no money at all. Now there is room for that, but the scales MUST be measured finely and not over tipped to encourage collecting OVER investing. Then how will the money for the coin be raised? There is no way. I have reached out to development several times now, I am willing to help, but I have received 0 response back. If these coins go significantly over 3 million by tomorrow, because the app is in "bata testing," then I will pull my investment, because those who are collecting coins are diluting my investments, and even if the market capital goes up, I get nothing in return.

Fast-forward a couple of years.... and bam, GeoCoin is in the multi-million dollar market capital. And that's just the beginning, now that it's crossed the $1,000,000 mark, it has become a trustworthy coin in the sight of investors; in fact, it has now on the fence of crossing $2,000,000. This is just the beginning, now the investors will flock to this coin in the next, I would say 2-4 weeks. You can quote me on that too. Now once the bata testing is over for the GeoCoin catching, then this coin will skyrocket and probably multiply by 20 times in one week. I am waiting for that day. I hope the bata testing is over VERY soon. This coin has a ton of potential, though the coin splits for current GeoCoin holders must be executed timely and properly in order to not dilute the current coins that people have purchased to invest. Just like we have the whole blockchain halving, it reduces the amount of coins that can be obtained via mining. Though since we cannot take away the amount of coins that people are able to catch, then we need to adjust the other side of the equation and increase the current holders' coins by two. You can look at that equation in either halving the reward (new coins), or keeping the reward (new coins) the same and doubling the current outstanding coins, as a sort of a stock split. If done right, this coin will be sustained very well and function soundly and rationally in regards to economics.

It is time to strike the iron while it is hot. Let's get something done with this amazing coin, guys. Let's advertise the silver out of this coin!

Hey, after several emails and opening tickets and messaging YoBit username through this website. YoBit canceled my withdrawal request and put my Rise coins back into YoBit. I will go ahead and sell them and transfer the BitCoins to Bittrex and repurchase Rise. Please remember.... be very careful to transfer Rise from YoBit, the wallet is not working properly and the coins will get stuck. I do feel sorry for whoever has the coins though.... I did make every attempt that I could in order to notify YoBit that Rise coins were not transferring to Bittrex. I hope that they fix the issue soon, as I have attempted to do my absolute best to bring it to their attention and so did the Rise team. Thank you. I am not sure if they fixed the issue yet or not. I do not think that they did as I did not get any responses back, but then again, I do not know for sure. Thanks guys.

Of course, just like any other coin out there, GeoCoin should focus on being instant, secure, and anonymous. The only difference with it and BitCoin then should be that it is a different way of obtaining new GeoCoins, a different way to market the coin, and it promotes a certain type of world activity if commonly accepted as a form of payment in the U.S. or even around the world.

BitCoin, indirectly, promotes and supports the computer server industry, as to obtain new BitCoins, you need computer processing power, which a lot of professional miners purchase from outside server sources. Now, GeoCoin, as it is interactive, promotes health and fun activities of finding treasure. It also promotes people, to a little extent in the least, to be able to find ways of making money by staying healthy. So it directly will offset, to some extent, the medical industry around the world where less people are getting sick and more people are healthy because they go outside. Likewise, if a person is homeless, they can at least go around collecting coins and maybe make $5 an hour doing that. Hopefully buy a suit, get back on their feet, not use drugs, and be insentivized to find a career in the future. Because $5 an hour is not a whole lot, but it is still better than nothing, and it helps people in a social way to "work" by staying healthy in order to collect that amount from the community. It is good for them, because they do not need to go to the hospital at much. And it is good for us, because if less people are going to the hospitals, then insurance premiums are down too, so we do not have to pay as much. It keeps society more active and social and with these activities, it can actually help to spur the economy because people are spending less on medical bills and staying active to doing something with their lives and hopefully using it as a catalyst to find a career in the future and get a job. That is why, my whole argument was, that we need to do frequent coin splits when this coin starts taking off. One, to protect the original investors' investments. And two, so that people cannot just go around and pick up $1,000, then turn around and sell it out and ding the investors by reducing the market capital. In order to achieve that, a coin split must occur as fast as the market capital grows. Even a 1.5 for 1 split is advised, as this will keep the GeoCoin reward for new coins at a relatively low value, but one which is still incentivized, of approximately $5 an hour. So that it does not incentivize people from finding a job and just being a full-time GeoCoin catcher.... because if everyone stops working, then the economy is down the hole. The economy is not money, but more so, the goods and services available to the public. That is why everyone must work and looking for GeoCoins should not be incentivized too much.

Granted, these $5 an hour can grow to $500 an hour once more and more investors begin to invest into the coins. Also, instead of trying to find them, for example, if you can make $30 an hour at your job, it would be more efficient to purchase the coins than to look for them, in which case, you are raising the market capital. Both early GeoCoin catchers and purchasers should see the reward of raised market capital. But I am attempting to spread this advice to the developers.... do not over incentivize people to catch the coins, but more so, incentivize people to purchase them. That is why frequent coin splits are necessary in order to not dilute the market capital of the original investors, or they will stop investing, and just looking for coins, which will in turn dilute everything even more and this coin will never go above $20 million market capital. The economy needs to work organically and logically. I could definitely help with this project if the development team would like to reach out to me about this. I understand both the economy and accounting. That is what I do for a living, after all, and I am an investor.

I believe there will be coin splits. So it will reach much higher, if you want to get in. I think this thing is going to the billions in market capital.

RISE coin is not withdrawing. Please fix it as soon as you can, because they will have a swap soon, if it is not fixed, the coins that are stuck will be rendered useless. I have $700+ USD stuck on YoBit. Please help! Pozalysta pomogite!