Hear hear, so many of these so-called "fair" coins are just pump and dumps, I'll take a premined coin backed by a multi-billion dollar industry than a "fair" coin where the dev and miners cut and ran after a week on to the next coin.

I can't believe some people are wanting to force an egalitarian discussion as an excuse not to buy this, it's a friggin coin to pay for porn, not change the world.

Look, anyone with half a brain can figure out the dev is either an insider in the porn industry or used his premined coins as leverage to get the world's biggest porn sites to sign up. The performers in the promotional video are real porn stars themselves and they don't work for free.

If you're "mad" about the idea of possibly enriching the dev or the porn sites, what difference does it make, the coin is designed as a token to pay them in the end too for their product so either way they get your money, but at least you still get a chance to mine or make money trading.

You know, no one in the securities world ever bitches that an IPO of stocks is "premined" or complains that the CEO launches owning 51% of the share, this is capitalism and some things exist just to make money, and if some guy makes me rich while he makes 50x more than me, I can live with that.

Anyway as far as I'm concerned, the neckbeards here owe the porn industry some slack as it is you've all probably been pirating from them for years lol, they finally found a creative, modern new way to start making profit again after years of declining sales, once we get "wankcoin tipping" going on cam shows this could blow up.

I was pleasantly surprised to come home after a few hours and find no one has panic dumped on allcoin, I think wank is going to shock alot of crypto enthusiasts over the coming days and weeks...

Silk Coin had great marketing, and it was a fraud. The bland and to-the-point nature of this project actually boosts my confidence, this is not a product but a financial instrument and in the real world finance isn't sexy.

So free market question...what happens if on July 9th and URO prices are still hovering around a few dollars and someone wants to exchange 1 URO for one ton of Urea? Are the companies involved obligated contractually to send $300-$400 worth of Urea for a coin worth only a few dollars? Or am I to assume they know there is an element of risk and short-term profit loss but will see the price shoot up and stabilize naturally once the transactions are confirmed legit in the public arena?

Well smart contracts and commodity trading are the future for blockchain technology. Everyone seems so intent on copying Bitcoin when there are other forward thinking opportunities out there.

Try buying a million tons of Urea, 1 URO is supposed to denominate to one ton of Urea.

I live in Oklahoma and obviously the OKC bombing is familiar to me and the fertilizer Mcveigh bought to bring down that building was available at the local farmers co-op for a few hundred dollars. I think something like this ranks far less on any government regime's radar than all these anonymous coins to buy things on the Silk Road for instance.

I guess we shouldn't be buying petroleum contracts either because I could order a few barrels of oil which can be used as an explosive as well  

You are right though, this is no pump and dump but the future of commodities trading and I suspect the going price in a few weeks will blow away the kiddies in crypto who think a copy pasta coin reaching 10 cents is monumental.

This is coming from someone hyping a coin and a scammy dev promising a "Choctaw Stargate" for anonymity.

Sometimes the simplest solution is the best, so many anon coins come up with these Rube Goldberg solutions for anonymity that look like the opening scene of Pee-Wee's Big Adventure.

This is pretty revolutionary if it works, my only question is since it avoids the blockchain, is there any risk of coins being "created" out of thin air since there is no blockchain to regulate transactions?

Forgive me i'm not a very technical person.

Also any time frame from when this comes out of beta and is made public?

P2P decentralized market?! Yeah everyone needs to vote for that!

Hippie Tech believes in David Icke and the Lizard people running the world, the guy should be locked up in a nut house.

It was probably Bryce himself dumping after it opened back up for trading to snatch cheap coin. Remember when he said at some BTC conference he owned a little of almost all coins? What better way to accumulate than through FUD!

Really because everyone coin he gets involved with seems to dump themselves.

It was next to my Bitcoin wallet as well, I think it only shows next to coins you own.

All wallets are disabled not just Voot. No need to worry, also Voot price may be sideways but it is climbing up the chart fast in volume.

A broken clock is right two times a day.

This is how spooked crypto has gotten, 1 guy in the trollbox who admits to not checking the whole thread can tank a market 25% in a minute.

Hopefully never, Mintpal kills coins!