Dude learn to read im asking for proof that the ALREADY minted cryptoDollars are in fact backed up with real USD.
Start by showing us the current holding account i mean you cant hand out fresh minted cryptoDollars in this thread without you depositing some REAL USD into a holding account - get my point now?
Show us the current holding account.
It is according to you "open information", then give us that information.
0cD bought= 0USD in bank - 0 cD in circulation 100cD bought= 100USD in bank - 100cD in circulation 100cD sold= 0USD in bank - 0cD in circulation The USD gained from selling the CD will be used for buying them back from anyone who wants to sell them. Yes. That's how it will work.  On that moment, there is 2.00 cD released on the market and usd account have deposit 2.00 USD. We can see all accounts balance online, when cryptodollarcoin.com website are ready. |
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Dude learn to read im asking for proof that the ALREADY minted cryptoDollars are in fact backed up with real USD.
Start by showing us the current holding account i mean you cant hand out fresh minted cryptoDollars in this thread without you depositing some REAL USD into a holding account - get my point now?
Show us the current holding account.
It is according to you "open information", then give us that information.
cryptodollarcoin.com will open soon and there you will find all accounts information online. Be noted. I will not sell any coins before that.About the giveaway coins, Yes, each giveaway coin have support US-dollar in account. I deposed my own dollars and you will see that info on the account too. Just wait I make website ready. So, all give away coin holding 1usd and can sell with the 1 usd price (excluding process fee. see topic). Still some give away coins left.. |
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Can you please provide us some proof that the already minted cryptoDollars exists and are properly deposited on a account  Dude this is such a retarded project only you fail to see how stupid it is, or pretend to not see how stupid it is. "Sorry guys i dont want to hold you 2 billion USD, i let my Swiss number account do it instead, its safe and i will never scam you i promise". If you need a multiple account where several people have to sign to withdraw, how in detail did you think you should manage automatic transfers och withdraws? Btw since you are from Finland this should according to Finnish regulations be considered banking, do you have a Finnish or English banking license, no i guess not. Ofcourse all can see minted cryptoDollars accounts and all tranfers too. Like all coins, cryptoDOLLAR network transfers are open information. Don't worry about technical or account details. You don't need to do it. Don't worry about bitcoin, altcoins, exchange or my company regulations. There is nothing you can do. Maybe this is hard to you, because you feel like I want your money. Well, I dont. Still few giveaway cryptoDOLLARS left. Leave your wallet address and I will sent it to you. Dude you dodged all questions in my post and gave us a fuckload of shit instead. Read this topic and ask something new. You asking about how I may handle money transfers. This is funny question on this moment. exchange is not even started yet. But I can give you one idea about money transfer. Deposit process in the account can be automatic, but withdraw need confirmations. This can work because exchange market is main place where sell cD coins. Deposed usd will take out only if exchange market not offer trade any more. If you read this topic, you will find this answer too... |
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Can you please provide us some proof that the already minted cryptoDollars exists and are properly deposited on a account Dude this is such a retarded project only you fail to see how stupid it is, or pretend to not see how stupid it is. "Sorry guys i dont want to hold you 2 billion USD, i let my Swiss number account do it instead, its safe and i will never scam you i promise". If you need a multiple account where several people have to sign to withdraw, how in detail did you think you should manage automatic transfers och withdraws? Btw since you are from Finland this should according to Finnish regulations be considered banking, do you have a Finnish or English banking license, no i guess not. Ofcourse all can see minted cryptoDollars accounts and all tranfers too. Like all coins, cryptoDOLLAR network transfers are open information. Don't worry about technical or account details. You don't need to do it. Don't worry about bitcoin, altcoins, exchange or my company regulations. There is nothing you can do. Maybe this is hard to you, because you feel like I want your money. Well, I dont. Still few giveaway cryptoDOLLARS left. Leave your wallet address and I will sent it to you. |
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So a exchange can both mint the cryptoDollar AND hold the dollar deposited, no way such system can be abused.. btw i like your idea with a Swiss number account, seems totally legit to me Well, exchange already holding your dollars and altcoins anyway. Best account may have where no one can't withdraw by self (need several holders sign) and minting/buy back are automatic transfer. This is not problem when there is some money, but we need to start more simple. |
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Looks like some coins are dissappear and some changing name...
New vote may be good idea.
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I hate to bump this back to the top, but this is probably the most utterly, screaming of scam, retarded concept ever.
How come this is scam? If you read, you will find I don't even want to keep deposed usd by my self. So, if I don't keep usd and I don't release cD on the market untill it is covered with usd, how this is scam? Give me more about what you mean. Not just "retarded concept ever" , so we can talk about it. If you see there is some point we can do different way, tell me and we can learn from you. |
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Note for nicknames:
sumantso
angie
noelmal
thcst8
cargofe
digit
loveys
11danman11
huahua520
Download new wallet and tell you wallet address and I will send 2 cryptoDOLLAR in your account.
Still some giveaway coins left.
cryptoDOLLAR coin is 1 usd worthy.
(Details, see topic info)
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Value will be created with the deposed US-dollar.
If you buy cryptoDOLLAR, it will cost 1 USD and that 1 US-dollar will deposed on safe and never used.
But if cryptomarket crash, or no one don't want to trade cD anymore, you will get that deposed dollar back. I think cryptoDOLLAR realistic value is then 1 usd.
If it's well operated & trusted by people for some time, the value will exceed 1 Dollar, and you don't have enough reserve to keep the price at 1$. What you will do? Fork more so-called cD-2, cD-3? Attach to the USD is not a good thing. You might forget the famous Liberty Reserve. Or you are a child not knowing it. He definitely is a kid or something, who recently jumped on cryptocoins but failed with understanding the mining part of the deal. Even bigger fail is expecting people to invest up to $2M into his 100% premined coin. Not sure if guy heard of Ripple but there are some lessions to learn. Mining is other think. One point why I made cryptodollar is, all exchange providers can offer coin vs usd trade. cD is more like ripple, but not exactly. |
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So bottom line is that you want us to trust you mr-random-guy-from-the-interwebs to hold our 200000000 USD cause your such a legit guy and have a LTD registered Dude go back to writing Nigeria letters or wtf you did prior to this.. If this coin EVER hit a exchange i will mount a action cam on my head and jump live from the Eiffel tower! Well, let see what markets will say. It's not up to me.. Actually it's same to me if exchange providers keep deposet usd in they own account. Waiting your jump  |
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Here's my new wallet address
y8HwMajiYHJgRRnKz7FWqAd2EYNAGrTVc
Sent 2.00cD |
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Give away cD coins.
I will send 2.00 cD for each one who ask that before, but please tell me your new wallet address replying for this post, so I can be sure you will got it.
sumantso +2.00 cD
angie +2.00 cD
noelmal +2.00 cD
thcst8 +2.00 cD
cargofe +2.00 cD
digit +2.00 cD
loveys +2.00 cD
11danman11 +2.00 cD
huahua520 +2.00 cD
Tell me if I miss your name from the list.
So, wallet is ready, and new website will be ready on the next week.
Don't loose your coins. You can sell it in any time on the cryptodollarcoin.com website, with the price of 1cd=1USD - safe deposit exchange fee.
And when we get cD on the market place, you will get whole 1USD for each cD coin you have.
32 cD are still left for give away...
If any one else want some cD coins for testing, list your wallet address here.
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Nice idea! Give me some real dollars, then believe that i will keep them in some safe, and when you ask them back - i will give you something (perhaps not real dollars) If you want to hold deposits, it's fine for me. lol I see, it is fine to you to hold deposits  What about interest rate on them?  It's great if we can get deposit accounts where cryptoDOLLAR shareholders can get interest rate. Be noted, I will not keep deposits and profits by my self. I will offer cryptoDOLLAR shares (and profits) for every business partners. |
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Just for note.
beta version main nodes will go down now.
If some one sharing nodes, it will be alive, but new version will not work with beta wallet.
Thank you for all of you, network is tested well, and we can compile secured version.
If there is any "hackers", I hope you will audit new version, please.
Just wait about few days.
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2A2kcrVzaKZTMk2gYczuHFU5DNA5LSQawn
Thanks
You welcome. If any one else want to tiny amount cD coins, leave note here. I will collect all requests, and will send coins after new wallet version is ready. |
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how does this qualify as a crypto if it's centralized and cannot be mined?
It is crypto because it is crypto based. But stable as usd. Like all unstable cryptos, real value is total zero. Untill some one want to buy it.. cD value is 1usd, even if no one want to buy it. Simply way, you can use it for exchange and buy/sell stuff knowing you will pay/get 1usd. "Not released on the market" coins are holded in offline wallets and out of stock. Of course. On the market there is no central for you cD coins. Deposed us-dollars need to be somewhere. There can be as many "central place" and holders we want to accept. Not only one central. Shareholders will collect small profit together. Not me. But we can talk more about shareholders and profits, after we get over this first reaction i wouldn't call usd stable given the economy Agree, but for some reason all want it |
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How about, can you see any good point for stable crypto currency?
It's not a currency or cryptocurrency. And of course, this "currency" can't be stable by design. I undestand you point, but think about that. If you buy one cD witht the price of the 1 usd. (just think about it). If there is place where you can any time get 1 usd with your cD coin, You dont sell it 1 usd on the exchange market, right? ... How come cD is not stable? Sorry typo, keyboard batterys Corrected versio: I understand you point, but think about that. If you buy one cD with the price of the 1 usd. (just think about it). If there is place where you can any time get 1 usd with your cD coin, You dont sell it under 1 usd on the exchange market, right? ... How come cD is not stable? |
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How about, can you see any good point for stable crypto currency?
It's not a currency or cryptocurrency. And of course, this "currency" can't be stable by design. I undestand you point, but think about that. If you buy one cD witht the price of the 1 usd. (just think about it). If there is place where you can any time get 1 usd with your cD coin, You dont sell it 1 usd on the exchange market, right? ... How come cD is not stable? |
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Nice idea! Give me some real dollars, then believe that i will keep them in some safe, and when you ask them back - i will give you something (perhaps not real dollars) If you want to hold deposits, it's fine for me. Of course you need to give it back to me, if there is no more market, where I can trade it, with value of the 1 usd. So, at least I need to know who you are. My company and owners are not hidden, as you see on the topic. Actually I think/hope holders will be exchange providers or shareholders group or other well trusted. If you have good idea, I'm open for that. How about, can you see any good point for stable crypto currency? |
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hmm sounds interesting...
send some coins when you get a chance, thanks in advance.
28GBrjrp9SedELiW4BMNbg3ZDM4CH6Z7ny
I will |
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