We have decided to let our IPO run for two more weeks after we release the coin. This way, you will be able to judge the value of our work and decide at the last minute if you want to participate. It's a speculative investment. If you don't think our project will work, don't invest.
IPO closing date is fix in concrete. It give you more info before deciding to invest. Reddcoin
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Hi everyone, We have decided to make some change to Reddcoin and here they are: Block halving rate: Change from 525,600 to 500,000. This was done to have a total coin before IPO and rewards of 100 billions. Then, we decided to up our IPO offering to 5% as requested. This will bring the total coins available in the IPO TO 5.45 billions. To make sure we get the needed support from miners during the first month, we decided to implement special block rewards for the first 30,000 blocks. Special block reward Block 0 - 9,999 = reward 300,000 coins Block 10,000 - 19,999 = reward 200,000 coins Block 20,000 - 29,999 = reward 150,000 coins Block 30,000 and over = reward 100,000 coins This bring the total coin to 109 billions. We also decided to implement the Kimoto's gravity well as a way to retarget difficulty each block and fix once and for all the recurrent problem with hashrate changes. https://forum.megacoin.co.nz/index.php?topic=893.0Let us know what you think. Reddcoin
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http://www.reddcoin.comIn order to celebrate our first 1 bitcoin investment (1.18699769 BTC from ID 147), we have decide to give 1,000,000 Reddcoins to the community! 10,000 Reddcoins will go to the first 100 members who reply to this post with our new signature add to their account. You have to keep the signature until february 2nd to get the coins! [size=12pt][b][glow=red,2,300][url=https://bitcointalk.org/index.php?topic=423597.0][color=white] REDDCOIN - THE COIN OF THE INTERNET [/color][/url][/glow][/b][/size][size=12pt][b][glow=white,2,300][url=https://bitcointalk.org/index.php?topic=423597.0][color=RED] RELEASE FEBRUARY 2ND [/color][/url][/glow][/b][/size] Obviously, Reddcoin is not out yet so this is how it's going to work. 1- Add the signature to your account. 2- Reply to this thread with your signature and tell us from what part of the planet you are from. 3- Send us your email address thru PM. 4- Once the coin is release on february 2nd, we will send you an email asking for your Reddcoin deposit address. 5- When we receive your deposit address, you get 10,000 Reddcoins! It's that easy! Stay tune for more giveaways! You can also visit our official trend on BitcoinTalk: https://bitcointalk.org/index.php?topic=423597.0Our the website http://www.reddcoin.comGood luck! Reddcoin
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Giveaways is over, thank to everyone who participate. We still have a couple investments to enter in our system. It will be done in the next hours.
Stay tune for our next giveaways!
Reddcoin
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Once invested can I trade the share in future? And what is the principle of dividents payments? Thanx ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Orfu, You are not getting shares, you are getting coins. Check our website for more info. http://www.reddcoin.com/ipo/Reddcoin
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Hi everyone, We are open to amelioration so we might reconsider our IPO offering if this is what the community would like to see. At first, we thought 3% would be the maximum we could do since 100,000 coins reward per block is not that much and our halving rate is high (each year). 3% is still 3.15 billions coins, that a lot of coins. We don't want to penalize the miners. Let us know what you think! We'll let you know what we decide in the next 24 hours. Reddcoin http://www.reddcoin.com
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I think you should also start being more active in promoting ReddCoin if you want it to be a success. If you guys will distribute ReddCoin earlier for people who invested prelaunch of the coin, I am in. Otherwise, I will wait. But being as you guys are like a 2 week old announcement, page viewed and people involvement is really low. Consider Astrocoin for example that accumulated over 21 pages in response and they just launched late last night. You guys only have 2 pages and most of it is from me and you guys are 2 week old announcement. Just a thought.
We appreciate your comments and you are right with the promotion. We don't plan on distributing the coin pre launch as the wallet and the source code won't be release before. We already did a 0.01 BTC investment giveaways in the Alternate cryptocurrencies forum, there is still a couple left for grab! More promotion are on the way! https://bitcointalk.org/index.php?topic=424762This is not a race, there will be a lot more promotions after the coin is released. Reddcoin http://www.reddcoin.com
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Would people who invested in earlier get coins earlier then? I see no incentives of investing early.
This is a good idea, we might look at it. We didn't add any incentive to get in early because we don't want to rush you. This is what scammer do to push you in. Not us. We know we will still be here in a month or 12. Take all your time, look at what we are doing and then do what you believe is best for you.
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Why can't we use one of the already million altcoins out there for tipping? oh yes... we already do!
Your time would be better spent building an app/plugin for bitcoin/litecoin/etc on these sites. Stop wasting your time and cluttering up the interwebs with crap. Oh right... then you couldn't get rich quick...
We don't think there is no more place for a new coin. We actually think it's the opposite. The more coin release the better. The best one with the best project and the best community will live and prosper. All the rest will die. This is what create innovation. Every new technology work like that. It's the same with cryptocurrencies. Bitcoin, litecoin, dogecoin are all here to stay because they have something different from the rest. Our goal is to do the same.
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Do you feel its unfair to those who invested in before the launch of the coin since they are risking the chance of you just running away rather than after the release of the coin in which there are fewer risks? I have not invested but I would like to know your opinion.
Obviously, we don't feel it's unfair or we would not have done it this way. We understand there is no interest coming in first but we also believe everyone is aware of it. Just wait and stay tune, it's perfect with us. Reddcoin http://www.reddcoin.com
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Update! Well, we don't have a lot more to said but our coin is 90% ready. We already have the linux QT and daemon ready and the windows wallet and daemon ready. We still have to work on the Mac version. Hopefully, it will be release at the same time. We have 6 nodes already set up. The DNS seed is done. Premine is done (only first 10 blocks with special reward). We will look at the block explorer in the next days. This will be a clean release. We know our project depend on it. Stay tune! http://imgur.com/a/yUNR9Reddcoin http://www.reddcoin.com
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We just noticed our account was flag for being untrusty and we feel we have to comment on this. We know some scam happen in the past here and you are right being prudent with your investment. Let me tell you why it won't happen this way. Hopefully, we can correct some misunderstanding. We have no reason to scam you. Why? Because you are getting coins in exchange for your investment. It's not like we had a reason not to give you those coins. It would only crash the value after everyone would get angry. The coin will be release on February 2th (it's already done and ready to go). We have decided to let our IPO run for two more weeks after we release the coin. This way, you will be able to judge the value of our work and decide at the last minute if you want to participate. It's a speculative investment. If you don't think our project will work, don't invest. It could be a huge failure, we don't know for sure it will work. We already worked really hard on this project and we will kept working until we are done. We truly believe it's a great idea and it could become huge with social networks. We know IPO are scammy, but unfortunately, it's our only way we can do it. We don't have enough money to invest in this project ourself, but we have some time and a lot of ideas. This is what we are offering you. IPO investor will receive their coins. We will invest all the IPO money in this project to develop the brand and our infrastructure. We will do our best. Fell free to ask any questions you may have, Reddcoin http://www.reddcoin.com
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Seems like this is becoming a scam IPO again. Professional Website like Neutrons. OP has yet to answer any of my dozens of questions I asked on reddcoin.com at support@reddcoin.comHi northranger79510, We didn't receive any of your questions. Maybe you can ask here? thanks you Reddcoin http://www.reddcoin.com
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http://www.reddcoin.comTo celebrate our IPO launch, we have decided to give 0.01 BTC in Reddcoin IPO investment to the first 100 forum members who tell us what is their favorite social network and why! 1- Reply here and tell us what is your favorite social network and why. 2- Send us your email address thru PM. You will soon receive an email confirmation about your 0.01 BTC investment in the Reddcoin IPO. Click here to visit the official Reddcoin thread. Coin release is February 2nd, stay tune! The Reddcoin team. http://www.reddcoin.com
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Can you please whitelist this account. thanks
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