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2621  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VOOT] X11 VootCoin-Nitesend | Tor | Multi-Pool | Yahoo!Finance|CRYPTSY on: July 22, 2014, 11:35:02 PM
Hi Barabbas / IE Look what i found. Now quit filling the thread with total bullshit. If you are not here for the future and to add positivity to VOOT then GTFO.


PS: They are the same person.



This is like "the price going up" quote. You hit all the nails right in the head ah?

Simply amazing... that individuals like this somehow retain the ability to type (I can only imagine how many hours per phrase though).

Wow

2622  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Revamped PinkCoin (PC / PINK) PoS | Multipool | Fundraiser | Anonymous on: July 22, 2014, 08:20:53 PM
What I get is that Pay with Pink will be some kind of pre-paid card backed by community funds and somehow it all is attached to Pay-Pal... If you have a Paypal account, and most people, especially vendors, do, why would you want to use Pay with Pink? What's the advantage?

Pay with Pink is focused on the customer; people with Pinkcoin. Vendors, more often than not, want fiat; especially with physical goods.

If you're shopping on-line (looking for Pinkcoin T-Shirts, new Nike shoes, a new camera lens, what have you) you will be able to use your Pinkcoin directly (no need for credit cards, debit Visa's, etc). Pay with Pink does the PC -> BTC conversion, as well as the BTC -> Fiat conversion for you and the vendor (similar to BitPay).
You use your Pinkcoin (hassle free) and the vendor receives their fiat (currently via PayPal, hassle free).

What is in it for the community members that drop their money in PayPal to serve a guarantee, I understand some kind of staking-like? If so, why not just do the staking on the regular wallets? Is there any other advantage?

The reason for the community outreach (sorta speak) is to see if anyone would be interested in helping fuel the Pay with Pink fire.
Because Pay with Pink receives Pinkcoin (incoming) and sends vendors fiat (outgoing) 3 "pools" need to be maintained; Pinkcoin, Bitcoin, and CAD (currently).

One of the major reasons for maintaining these "pools" (as well as why we started Pay with Pink originally) is so that the Pinkcoin developers and community are in control.

Most coins, when they leave the virtual world and enter the "real world", suffer from large sell resistance or dumps. This is because the moment someone buys a 50" flat screen TV (say $5,000), the amount of Pinkcoin received needs to be immediately dumped for BTC, and then immediately dumped again for fiat, to ensure the vendor receives the fiat amount for the purchase.

Maintaining "pools" of these 3 currencies allows a more controlled conversion for both Pinkcoin and Bitcoin. This is where the community can come in.

If I am not mistaken, the current investment strategy is: By helping increase the size of the Bitcoin "pool" (middle ground) initially, and thus allowing Pay with Pink to handle larger transactions sooner than later, investors will receive a percentage (%) of each transaction that occurs.

However, I am going to stop there before I ramble on any further or enter an area I am not fully up-to-speed on.


By the way, no apologies necessary when it comes to questions. We were all born knowing "nothing".

Tranzium is pretty much 100% right on the money here. You don't need a paypal account to pay with pink. You don't need any account, just pinkcoins. PWP will handle all the paypal stuff for you. The idea is to convert the pinkcoin we have and want to use into the fiat that vendors prefer right now, and make the process easy for everyone, all around.

As for the return on investment, the return we're proposing is roughly a third of the surplus pink that accumulates naturally. Basically, when someone pays with pink, their exchange rate is based on the current buy prices for PinkCoin and Bitcoin, but the PWP system slowly and strategically tries to get the best deal it can when it converts its pinkcoin and bitcoin to fiat on the market, and only converts what it needs to. A portion of the leftover coins are distributed to investors.

Obviously if the system happens to make a loss, then future profits will recover past losses before producing new returns. But in a stable, and/or uptrending pinkcoin & bitcoin market, there will be consistent returns. Even in the event that there's a drop, and the system needs to recover... unless the drop continues forever, the system will recover once the market restabilizes and payouts will resume.

Basically you'd be getting a stake of the leftover pinkcoins we get by not just simply dumping them on the market, but instead selling them off carefully and slowly for only the amount necessary to replenish fiat reserves - keeping as many pinkcoins as possible off the market and in the hands of our supporters.

Thank you to both for the explanations. It is a bit complex but I believe I get it. And, sorry, I don't like it one bit. The main reason is because I believe it is a step backwards, instead of forward. A step forward being getting vendors to accept Pinkcoin. This would be just setting up a transaction system, to three bands, to AVOID acceptance of Pinkcoin by vendors. That the technology may make it viable and efficient doesn't divert from the fact that it is, in actuality, the opposite of moving Pinkcoin towards the mainstream... which should be the main objective, by far.

There are also a bunch of other complex and unnecessary aspects like a "system" that would choose when to actually trade PC for BTC, of more than doubtful efficiency and value. I'll give you the closest example: In less than 2 weeks, the price of PC has been halved. If PayWithPink would have been in effect, at what levels would have the conversion taken place? If you are buying a flat screen and want to pay with Pinkcoin -once the vendor accepts it- you certainly can wait if you think the current price is too low. It will be you, the customer's prerogative and decision, not a "system" of more than doubtful results in regards of trading.

Look, this is a great coin and should remain a great coin, not a gambling platform, not a gaming platform and certainly not a currency-trading platform. Growth should come from usage, from adoption, from investment, not from any other more than doubtful, I repeat, sources of potential profits.

Furthermore, Pay-Pal, successful as it is, is efficient because it protects the customer -against the vendors-. Vendors are not happy to use PayPal, they are FORCED to. And on any dispute, PayPal does a charge back no questions asked... which is the opposite of what crypto currencies do: Transactions are irreversible. That gives the vendors confidence. Any alternative, involving PayPal would only contribute to more rejection of crypto currencies by vendors and less adoption of PC by users and investors.

This is obviously only my reasoned opinion.

Considering the amount of times you used the word DOUBT in this post, my only response to this really, is that I DOUBT you understand the concept. However you did spark a couple ideas I will need to draw out.

The systems, being built and incorporated together will not be restricted to vendors only accepting PayPal/Fiat. They will obviously be able and encouraged to accept Pinkcoin via the system. This is a "foot in the door" opportunity for nearly any online vendor.

And as for your concern about the coin dropping in price, it is easy to increase profits, even on a decline by averaging down and other similar techniques. It is all math, and one thing about math, is that when used effectively, is always right and beneficial.

This is just the first phase of PwP to get us into, and our logo on, as many websites as possible. This will most certainly lead to vendors accepting Pinkcoin straight up.

As for "And on any dispute, PayPal does a charge back no questions asked" is not an issue at all, as the client/customer will be dealing in crypto, not PayPal, therefore they can not initiate a chargeback. So for the vendors that currently feel FORCED to use PayPal, but fear the chargebacks, this issue is now removed, and they can experience the NO CHARGEBACK experience of crypto.

Humm, that's peculiar... upon review, I did not use the word DOUBT, in capitals or otherwise, at all. Not a single time. I did write "doubtful" three times, one of them on a repeated context. Peculiar that you would find such non-existent things and even more so that you choose to make a remark about them.

To clarify, no; I do understand the "system" quite well by now. And lest your DOUBT be erased.

I still find it an ill-conceived idea, not only on the instances and for the circumstances you have chosen to omit in your answer, such as the uncertain (mind you, I decided against doubtful here) results of a trading "system" based on algos. But, more surprisingly, you make a mention about the price of the coin that misses completely my point. Here it goes again: How would that "system" have traded the PCs during this recent slum in what in less than 2 weeks the price has been halved? The point that you make, about price, has nothing to do with my "concern". Furthermore, your statement about math applied to exchange techniques, is simply puerile and completely absurd for it doesn't take into consideration many other determining factors such as volume, which in the case of PC, since it is so small, is of extraordinary and price-changing importance. All of that can be addressed way more efficiently, away from any kind of algo "system".

But obviously we are not going to agree for I believe you are on a race to do what others coins have already done -sans the PayPal association, which is off putting and counter productive from the get go, by the way-, without any semblance of success by the way, at least so far. And I am talking about coins with many times the volume on PC and many times the market cap of PC as well as many times the awareness, public and in crypto, of PC. So I believe the points have been made and you will do what you would do anyway.

Thanks anyway for the time.
2623  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Revamped PinkCoin (PC / PINK) PoS | Multipool | Fundraiser | Anonymous on: July 22, 2014, 06:48:34 PM
What I get is that Pay with Pink will be some kind of pre-paid card backed by community funds and somehow it all is attached to Pay-Pal... If you have a Paypal account, and most people, especially vendors, do, why would you want to use Pay with Pink? What's the advantage?

Pay with Pink is focused on the customer; people with Pinkcoin. Vendors, more often than not, want fiat; especially with physical goods.

If you're shopping on-line (looking for Pinkcoin T-Shirts, new Nike shoes, a new camera lens, what have you) you will be able to use your Pinkcoin directly (no need for credit cards, debit Visa's, etc). Pay with Pink does the PC -> BTC conversion, as well as the BTC -> Fiat conversion for you and the vendor (similar to BitPay).
You use your Pinkcoin (hassle free) and the vendor receives their fiat (currently via PayPal, hassle free).

What is in it for the community members that drop their money in PayPal to serve a guarantee, I understand some kind of staking-like? If so, why not just do the staking on the regular wallets? Is there any other advantage?

The reason for the community outreach (sorta speak) is to see if anyone would be interested in helping fuel the Pay with Pink fire.
Because Pay with Pink receives Pinkcoin (incoming) and sends vendors fiat (outgoing) 3 "pools" need to be maintained; Pinkcoin, Bitcoin, and CAD (currently).

One of the major reasons for maintaining these "pools" (as well as why we started Pay with Pink originally) is so that the Pinkcoin developers and community are in control.

Most coins, when they leave the virtual world and enter the "real world", suffer from large sell resistance or dumps. This is because the moment someone buys a 50" flat screen TV (say $5,000), the amount of Pinkcoin received needs to be immediately dumped for BTC, and then immediately dumped again for fiat, to ensure the vendor receives the fiat amount for the purchase.

Maintaining "pools" of these 3 currencies allows a more controlled conversion for both Pinkcoin and Bitcoin. This is where the community can come in.

If I am not mistaken, the current investment strategy is: By helping increase the size of the Bitcoin "pool" (middle ground) initially, and thus allowing Pay with Pink to handle larger transactions sooner than later, investors will receive a percentage (%) of each transaction that occurs.

However, I am going to stop there before I ramble on any further or enter an area I am not fully up-to-speed on.


By the way, no apologies necessary when it comes to questions. We were all born knowing "nothing".

Tranzium is pretty much 100% right on the money here. You don't need a paypal account to pay with pink. You don't need any account, just pinkcoins. PWP will handle all the paypal stuff for you. The idea is to convert the pinkcoin we have and want to use into the fiat that vendors prefer right now, and make the process easy for everyone, all around.

As for the return on investment, the return we're proposing is roughly a third of the surplus pink that accumulates naturally. Basically, when someone pays with pink, their exchange rate is based on the current buy prices for PinkCoin and Bitcoin, but the PWP system slowly and strategically tries to get the best deal it can when it converts its pinkcoin and bitcoin to fiat on the market, and only converts what it needs to. A portion of the leftover coins are distributed to investors.

Obviously if the system happens to make a loss, then future profits will recover past losses before producing new returns. But in a stable, and/or uptrending pinkcoin & bitcoin market, there will be consistent returns. Even in the event that there's a drop, and the system needs to recover... unless the drop continues forever, the system will recover once the market restabilizes and payouts will resume.

Basically you'd be getting a stake of the leftover pinkcoins we get by not just simply dumping them on the market, but instead selling them off carefully and slowly for only the amount necessary to replenish fiat reserves - keeping as many pinkcoins as possible off the market and in the hands of our supporters.

Thank you to both for the explanations. It is a bit complex but I believe I get it. And, sorry, I don't like it one bit. The main reason is because I believe it is a step backwards, instead of forward. A step forward being getting vendors to accept Pinkcoin. This would be just setting up a transaction system, to three bands, to AVOID acceptance of Pinkcoin by vendors. That the technology may make it viable and efficient doesn't divert from the fact that it is, in actuality, the opposite of moving Pinkcoin towards the mainstream... which should be the main objective, by far.

There are also a bunch of other complex and unnecessary aspects like a "system" that would choose when to actually trade PC for BTC, of more than doubtful efficiency and value. I'll give you the closest example: In less than 2 weeks, the price of PC has been halved. If PayWithPink would have been in effect, at what levels would have the conversion taken place? If you are buying a flat screen and want to pay with Pinkcoin -once the vendor accepts it- you certainly can wait if you think the current price is too low. It will be you, the customer's prerogative and decision, not a "system" of more than doubtful results in regards of trading.

Look, this is a great coin and should remain a great coin, not a gambling platform, not a gaming platform and certainly not a currency-trading platform. Growth should come from usage, from adoption, from investment, not from any other more than doubtful, I repeat, sources of potential profits.

Furthermore, Pay-Pal, successful as it is, is efficient because it protects the customer -against the vendors-. Vendors are not happy to use PayPal, they are FORCED to. And on any dispute, PayPal does a charge back no questions asked... which is the opposite of what crypto currencies do: Transactions are irreversible. That gives the vendors confidence. Any alternative, involving PayPal would only contribute to more rejection of crypto currencies by vendors and less adoption of PC by users and investors.

This is obviously only my reasoned opinion.
2624  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield on: July 22, 2014, 06:22:45 PM
long-time lurker here... just wanted to say a few things for whatever they're worth: 

- BK seems to be legitimately invested in this coin and isn't going anywhere; no abandonment worries, in my opinion. 

- the new contract-dev seems reasonable in his statements/answers to concerns posted in this forum.

- barabbas' pedantic and sometimes condescending writing style is extremely off-putting and obnoxious.

patience might be the best practice here, rather than the typical crypto immediate-gratification-profit-grab-or-dump mentality.  we'll see!


You are aware of the fact that this forums have a feature by which you actually make ANY user disappear, aren't you? I just used it...
2625  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield on: July 22, 2014, 06:20:08 PM
This was easily one of the best threads to read up on and post in, there was no bickering, now things have taken a turn it seems.

Can we quit arguing and get back to figuring out this whole POS transition and more?

"We"? who, the community? This is BK's coin. And BK has hired "Bitsa" to be the dev of the POS.

Now, BK is a veteran of crypto and NAUT is supposed to be the fruit of all that experience. Initially, if I have it correct, NAUT was not going to be POS but now BK has decided that it will be (feel free to correct me when I am in error, please). And now, after the coin has lost between half and 2/3s of its value of earlier today, are we, the community, supposed to cook out the "transition and more"? OK...

I'll add the little that I know: "Bitsa" seems to be a "for hire" developer that apparently was rejected by Gatti and Shogun47 in their botched attempt to get Libertycoin away from Carlor Torres Ferguson, the Mexican scam dev of Libertycoin -and many others scam coins-. Apparently, "Bitsa" didn't know how to operate the coin in practical terms for the attempt was only that, a failed attempt. And, ultimately, he just wanted money. Which is quite legitimate when you work and are capable of doing the job you are hired to do.

It seems BK has deemed "Bitsa" capable of doing not just the "transition" but to actually be the dev of the POS part of NAUT. And BK should know, doesn't he? So we, the community, are suppose to "figure out" something? It looks to me that we are left with two very clear options: Either remain invested in NAUT and hope it rebounds and diminishes with it the losses OR we may cut those and just leave.

But that is just me thinking, of course.

hi barabbas,

i just want to make something clear.

i ve worked for shogun47 (@XLB) thats right. and i HAVE FULLY FULLFILLED MY contract. I VE MADE WHAT I WAS TOLD TO MAKE.
(added an invalidation block into the sources, swapping all signing pub_keys, etc...)

the failed attempt to get all users on that codebase was not part of the contract and therefor NEITHER MY FAULT NOR MY RESPONSIBILITY!!!



as for PoS transition of NAUT: i won't ever release an unstable and potentially buggy PoS system. there are many reasons for that (reputation, lossrisk for users, etc.).

we are acually working on the PoS for NAUT and adapting the stakemodifier like i stated in my earlier post.


regards,
bitsta

Hi bitsta,

Thank you for clarifying and offering your version of events, regarding Libertycoin.

Now, regarding NAUT, if I understand you correctly, you are under contract to perform the transition to POS and, I assume, to make the seamless integration of that feature with the current version of the wallet, right?

If IO am correct, this will go to BK, who will be in charge of maintaining the POS, correct the bugs, code and issue the new versions of the wallet, security issues, sync issues...?

Thank you in advance for your answers.
2626  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VOOT] X11 VootCoin-Nitesend | Tor | Multi-Pool | Yahoo!Finance|CRYPTSY on: July 22, 2014, 05:53:31 PM
The VootMarket will have no masternode, meaning it cant be brought down.

No wonder the price has skyrocketed -and continue skyrocketing-! Oh wait...
2627  Alternate cryptocurrencies / Altcoin Discussion / Re: THE WALL OF SHAME on: July 22, 2014, 05:49:04 PM
THE ANON MARKETS

For a while now there's been a trend in crypto to create "markets". The latest trend, worth millions in ephemeral daytrading gains, has been the "anon" features promised by practically all the new coins and led by the likes of Darkcoin, Cloakcoin, Shieldcoin and many others. Now, the next step -that was initiated and provided -the platform- by NEXT Coin precisely many months ago, is the so-called decentralized "markets". Those would be the places where you can buy, anonymously, all kinds of goods and services, from anonymous providers on an anonymous platform... obviously the things that you can buy there are not available at your regular Walmart. Or Ebay. And, obviously, you would have to trust, if you are a buyer, an anonymous seller somewhere fronting up you moolah and hoping to receive your purchased items at you anonymous (or not) address. Quite a tall order, right? Oh well, there's some kind of "Trust system" implicated, kind of your reputation as a seller -like in Ebay-, I take, that would ease the pain: Say a drug dealer in Uganda has built a reputation on the anon market for delivering high quality goods, you can trust he would send you the dust and not sugar... Oh, but you have also anon services, such as "arbitration" or "Escrow" where you can avoid having to trust the Ugandan guy selling you, and delivering, the forbidden "medicine" in your particular country. So, instead of having to trust the Ugandan, you will have to trust the anonymous Escrow guy, whoever or wherever he/she/it may be. The "arbitration" 'feature' eludes me completely, of course... but who is counting, really. It's all bullshit, clearly.

Or, as someone pointed out to me, it's like Silk Road 0.2 (you know the underground market seized by the FBI?). So the "selling point" here is that these anonymous markets will be so sophisticated that law enforcement won't be able to seize and close them. And, if they do, who cares because they won'ty be able to trace you as a vendor or customer so you can jump to the next one and continue you merry "trading" free as a bird.

I find the whole thing to be just hot air and, most definitely, several steps backwards toward the supposedly main objective of crypto currencies, which is to reach mainstream, but what do I know? People, investors/traders are paying a lot of money for promises of this kind of stuff, so there's money in it, no doubt. On the promises, mind you. No chance in hell any of that crap will succeed in the real world but, for now, shameful as it is, there's money in it. And money is what everyone is after in crypto, isn't it?
2628  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VOOT] X11 VootCoin-Nitesend | Tor | Multi-Pool | Yahoo!Finance|CRYPTSY on: July 22, 2014, 05:21:15 PM


Sorry for my thickness but still I will have to pay for potential goods that may or may not arrive after purchase, right. Or I am missing something?

And, of course, I will have no recourse whatsoever because, well, there's no trail that I even bought anything to begin with let alone pay for it, right?

Sounds like a plan.

Slow down, it seems you have concluded that anonymous marketplace will not work out. Vootmarket is not the first marketplace in the world.

Some features that are on anonymous marketplace
Escrow services
Trust system
Arbitration

Yes, you are completely right: I have concluded that the anonymous marketplace will not work, whether it is Vootmarket or Ringingbellsmarket. There's simply not a market -yet-, not even a non-anonymous one, for crypto -and there are several that have tried for a long time already-, let alone an anonymous one. But perhaps I will get something of value out of this after all, what exactly is the feature "Trust System"? Escrow services and Arbitration, by definition, serve no purpose whatsoever in an anonymous environment. By definition. But perhaps the "Trust System" is the Pandora's Box that explains it all?

But unfortunately you don't have any idea about this topic, in your mind there's no way people can buy things off Internet anonymously.

I was hoping you would be able to explain it to and convince me.

Obviously I was wrong.

Hey, it seems there's always going to be people willing to buy hot air. After all they bought this coin which is corroboration of that, quite precisely.

imagine you want to buy something that is strictly forbidden in your country , you just pull out your cellphone , look for the seller on the vootmarketplace with best ratings and have it delivered to your fake (or real) adress , its like silkroad just better (more anonymous) and silk road had quite a lot of volume last time i checked ...

Now we are talking! See Ms Collect? not that difficult... So what you are after here is a market like the one the FBI took down. But you are so smart that believe that this time around the FBI will not be able to take it down, right?

Yep, yep, I had that intuition but expected to be wowed... How could I possibly doubt this has a chance in hell, when it is obvious that hot air will go to the moon? I am sure just buying 1,000 Voot would make you all rich by Xmas. Lambos, homes... the whole shebang... Now I GET it indeed.

Thank you "infinitechaos" for your honest attempt. I'm sure you will understand I can't possibly take this seriously...
2629  Alternate cryptocurrencies / Altcoin Discussion / Re: THE WALL OF SHAME on: July 22, 2014, 05:13:19 PM
Hey fanboy, the courts are open to anyone so feel free...

The court of the markets though is giving you quite an appreciation of your "religion", so perhaps you should listen to it.

Or not.

But get this once and forever: The time of the scams like Blackcoin, is up and up for good. And yes, there are a bunch (and growing) good coins like Vericon and Pinkcoin. And yes those tend to be "my" coins (I trade) because they are transparent, honest, assume responsibilities and act professional. No "inside jobs", like in Blackcoin, where the official pool is owned fully by two of the developers. And that, as everyone interested knows, is just the tip of a huge iceberg... that, by now, has even melted because, guess what, blackcoin is not even good to steal from its fanboys like you.

But, nice fanboy that you are, you will continue seeing your value dwindle in the slow death so foretold. It's your prerogative. But no amount of hating for other coins run by good guys will change that well deserved fate. Have a nice life.
2630  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VOOT] X11 VootCoin-Nitesend | Tor | Multi-Pool | Yahoo!Finance|CRYPTSY on: July 22, 2014, 04:57:38 PM


Sorry for my thickness but still I will have to pay for potential goods that may or may not arrive after purchase, right. Or I am missing something?

And, of course, I will have no recourse whatsoever because, well, there's no trail that I even bought anything to begin with let alone pay for it, right?

Sounds like a plan.

Slow down, it seems you have concluded that anonymous marketplace will not work out. Vootmarket is not the first marketplace in the world.

Some features that are on anonymous marketplace
Escrow services
Trust system
Arbitration

Yes, you are completely right: I have concluded that the anonymous marketplace will not work, whether it is Vootmarket or Ringingbellsmarket. There's simply not a market -yet-, not even a non-anonymous one, for crypto -and there are several that have tried for a long time already-, let alone an anonymous one. But perhaps I will get something of value out of this after all, what exactly is the feature "Trust System"? Escrow services and Arbitration, by definition, serve no purpose whatsoever in an anonymous environment. By definition. But perhaps the "Trust System" is the Pandora's Box that explains it all?

But unfortunately you don't have any idea about this topic, in your mind there's no way people can buy things off Internet anonymously.

I was hoping you would be able to explain it to and convince me.

Obviously I was wrong.

Hey, it seems there's always going to be people willing to buy hot air. After all they bought this coin which is corroboration of that, quite precisely.
2631  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VOOT] X11 VootCoin-Nitesend | Tor | Multi-Pool | Yahoo!Finance|CRYPTSY on: July 22, 2014, 08:37:12 AM


Sorry for my thickness but still I will have to pay for potential goods that may or may not arrive after purchase, right. Or I am missing something?

And, of course, I will have no recourse whatsoever because, well, there's no trail that I even bought anything to begin with let alone pay for it, right?

Sounds like a plan.

Slow down, it seems you have concluded that anonymous marketplace will not work out. Vootmarket is not the first marketplace in the world.

Some features that are on anonymous marketplace
Escrow services
Trust system
Arbitration

Yes, you are completely right: I have concluded that the anonymous marketplace will not work, whether it is Vootmarket or Ringingbellsmarket. There's simply not a market -yet-, not even a non-anonymous one, for crypto -and there are several that have tried for a long time already-, let alone an anonymous one. But perhaps I will get something of value out of this after all, what exactly is the feature "Trust System"? Escrow services and Arbitration, by definition, serve no purpose whatsoever in an anonymous environment. By definition. But perhaps the "Trust System" is the Pandora's Box that explains it all?
2632  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Revamped PinkCoin (PC / PINK) PoS | Multipool | Fundraiser | Anonymous on: July 22, 2014, 08:29:16 AM
This is a bit too complex for me, perhaps Fayoling can explain in a simpler manner so I can understand it better...

What I get is that Pay with Pink will be some kind of pre-paid card backed by community funds and somehow it all is attached to Pay-Pal... If you have a Paypal account, and most people, especially vendors, do, why would you want to use Pay with Pink? What's the advantage?

What is in it for the community members that drop their money in PayPal to serve a guarantee, I understand some kind of staking-like? If so, why not just do the staking on the regular wallets? Is there any other advantage?

Finally, that 33%/33%/33%/1% of profits distribution, what profits exactly is it referring too?

Sorry again that I haven't been able to grasp still the whole concept, hence my questions.
2633  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VOOT] X11 VootCoin-Nitesend | Tor | Multi-Pool | Yahoo!Finance|CRYPTSY on: July 22, 2014, 08:08:38 AM

Would you kindly explain to me what could be the potential actual use of this?

I mean I, anonymously, would buy something from some also anonymous individual or entity on an anonymous platform... I am clear until that point... at which I send, anonymously, of course, the money to that anonymous individual who will then -if he so chooses- send me, anonymously of course, the goods or services purchased. If it is an actual physical item I will have to provide a not so anonymous address for delivery, right? which kind of defies the purpose...

I am sure you get my doubts about the practicality of such a "platform", but surely I am missing not just a bunch of things but the whole enchilada and this is something that I will use in no time at all to purchase everything from condoms to travel and gasoline. Sorry that I am so thick and thanks in advance for your punctual clarifications.

Buying and selling items online.
You should look into how to get anonymous mailing address

Sorry for my thickness but still I will have to pay for potential goods that may or may not arrive after purchase, right. Or I am missing something?

And, of course, I will have no recourse whatsoever because, well, there's no trail that I even bought anything to begin with let alone pay for it, right?

Sounds like a plan.
2634  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VOOT] X11 VootCoin-Nitesend | Tor | Multi-Pool | Yahoo!Finance|CRYPTSY on: July 22, 2014, 07:42:54 AM
I think we are the first trying to create an exchange where traders personal information would be more difficult to trace. I think this is somehow decentralized since we have no control over your information but integration into the Vootcoin wallet will make it more decentralized.

Anon trade is essential to the Vootmarket, I believe we are going in the right direction. Using an anonymous cryptocurrency to trade on anon exchange while buying and selling items in anonymous market. This is the future of Vootcoin

Would you kindly explain to me what could be the potential actual use of this?

I mean I, anonymously, would buy something from some also anonymous individual or entity on an anonymous platform... I am clear until that point... at which I send, anonymously, of course, the money to that anonymous individual who will then -if he so chooses- send me, anonymously of course, the goods or services purchased. If it is an actual physical item I will have to provide a not so anonymous address for delivery, right? which kind of defies the purpose...

I am sure you get my doubts about the practicality of such a "platform", but surely I am missing not just a bunch of things but the whole enchilada and this is something that I will use in no time at all to purchase everything from condoms to travel and gasoline. Sorry that I am so thick and thanks in advance for your punctual clarifications.
2635  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr on: July 22, 2014, 07:31:05 AM
At a time when transparency, accountability, responsibility and professionalism are taking flight finally and coins like Vericoin, Pinkcoin and many, many others raise the bar on standards every day, this PESA project has to be the dumbest in history. This is like one kid with a second hand mac having the great idea of go to kickstarter and ask for funds to launch a coin that will never even remotely be up to par with current technologies, will be instead a copy of 800 others or more, and has not even a remote chance in hell to make it beyond one week. The fact that some miners are actually mining it is both flabbergasting and corroboration that blind stupidity will indeed remain in crypto for quite a while in spite of the ever more secure and promising offers already available.

Obviously the dumping not only is of majestic proportions, anyone with even a very small level of understanding knows that ANY price at all on this train wreck wanting to happen, is way more than double what it eventually will be worth... within days.

Why bother with coming out with a real name and a bio, a decent website, with some semblance of a roadmap, with some kind or nebulous idea of what could possibly justify this coin's existence? No need! People is so blinded by greed and stupidity that they will rent rigs to mine it and spend actual BTC in buying hoping for a quick buck if someone is even more stupid to buy from them.

Oh well, there are certain things that are simply, seemingly, inevitable.

SHAME.

 

someone wants to drop the price lower Wink Huh??
or are you the kind of guy that came to warn us all? thanks buddy, a lot. Can you get out of here?Huh

Very gladly.

In answer to your question, visit THE WALL OF SHAME and draw your own conclusions... you are actually capable of doing that aren't you?

As for the price going lower, it doesn't need any help from me, really.
2636  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr on: July 22, 2014, 07:16:32 AM
At a time when transparency, accountability, responsibility and professionalism are taking flight finally and coins like Vericoin, Pinkcoin and many, many others raise the bar on standards every day, this PESA project has to be the dumbest in history. This is like one kid with a second hand mac having the great idea of go to kickstarter and ask for funds to launch a coin that will never even remotely be up to par with current technologies, will be instead a copy of 800 others or more, and has not even a remote chance in hell to make it beyond one week. The fact that some miners are actually mining it is both flabbergasting and corroboration that blind stupidity will indeed remain in crypto for quite a while in spite of the ever more secure and promising offers already available.

Obviously the dumping not only is of majestic proportions, anyone with even a very small level of understanding knows that ANY price at all on this train wreck wanting to happen, is way more than double what it eventually will be worth... within days.

Why bother with coming out with a real name and a bio, a decent website, with some semblance of a roadmap, with some kind or nebulous idea of what could possibly justify this coin's existence? No need! People is so blinded by greed and stupidity that they will rent rigs to mine it and spend actual BTC in buying hoping for a quick buck if someone is even more stupid to buy from them.

Oh well, there are certain things that are simply, seemingly, inevitable.

SHAME.

 
Can see you anywhere VOOT SFR NAV VIA you all say they are scam in this world without you how good to disappear We don't welcome you here

Who the fuck is "we" and in what language you pretend to write?

Anyway this piece of shit just made THE WALL OF SHAME. Enjoy!
2637  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr on: July 22, 2014, 07:09:30 AM
At a time when transparency, accountability, responsibility and professionalism are taking flight finally and coins like Vericoin, Pinkcoin and many, many others raise the bar on standards every day, this PESA project has to be the dumbest in history. This is like one kid with a second hand mac having the great idea of go to kickstarter and ask for funds to launch a coin that will never even remotely be up to par with current technologies, will be instead a copy of 800 others or more, and has not even a remote chance in hell to make it beyond one week. The fact that some miners are actually mining it is both flabbergasting and corroboration that blind stupidity will indeed remain in crypto for quite a while in spite of the ever more secure and promising offers already available.

Obviously the dumping not only is of majestic proportions, anyone with even a very small level of understanding knows that ANY price at all on this train wreck wanting to happen, is way more than double what it eventually will be worth... within days.

Why bother with coming out with a real name and a bio, a decent website, with some semblance of a roadmap, with some kind or nebulous idea of what could possibly justify this coin's existence? No need! People is so blinded by greed and stupidity that they will rent rigs to mine it and spend actual BTC in buying hoping for a quick buck if someone is even more stupid to buy from them.

Oh well, there are certain things that are simply, seemingly, inevitable.

SHAME.

 

Please create your own coin, ok? :-)
You can tell this about 95% coins Smiley

I can't agree with you more.

Which leaves a potential 5% of REALLY interesting coins, right?
2638  Alternate cryptocurrencies / Altcoin Discussion / Re: THE WALL OF SHAME on: July 22, 2014, 07:05:42 AM
PESACOIN
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At a time when transparency, accountability, responsibility and professionalism are taking flight finally and coins like Vericoin, Pinkcoin and many, many others raise the bar on standards every day, this PESA project has to be the dumbest in history. This is like one kid with a second hand mac having the great idea of go to kickstarter and ask for funds to launch a coin that will never even remotely be up to par with current technologies, will be instead a copy of 800 others or more, and has not even a remote chance in hell to make it beyond one week. The fact that some miners are actually mining it is both flabbergasting and corroboration that blind stupidity will indeed remain in crypto for quite a while in spite of the ever more secure and promising offers already available.

Obviously the dumping not only is of majestic proportions, anyone with even a very small level of understanding knows that ANY price at all on this train wreck wanting to happen, is way more than double what it eventually will be worth... within days.

Why bother with coming out with a real name and a bio, a decent website, with some semblance of a roadmap, with some kind or nebulous idea of what could possibly justify this coin's existence? No need! People is so blinded by greed and stupidity that they will rent rigs to mine it and spend actual BTC in buying hoping for a quick buck if someone is even more stupid to buy from them.

Oh well, there are certain things that are simply, seemingly, inevitable.

SHAME.
2639  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr on: July 22, 2014, 07:04:01 AM
At a time when transparency, accountability, responsibility and professionalism are taking flight finally and coins like Vericoin, Pinkcoin and many, many others raise the bar on standards every day, this PESA project has to be the dumbest in history. This is like one kid with a second hand mac having the great idea of go to kickstarter and ask for funds to launch a coin that will never even remotely be up to par with current technologies, will be instead a copy of 800 others or more, and has not even a remote chance in hell to make it beyond one week. The fact that some miners are actually mining it is both flabbergasting and corroboration that blind stupidity will indeed remain in crypto for quite a while in spite of the ever more secure and promising offers already available.

Obviously the dumping not only is of majestic proportions, anyone with even a very small level of understanding knows that ANY price at all on this train wreck wanting to happen, is way more than double what it eventually will be worth... within days.

Why bother with coming out with a real name and a bio, a decent website, with some semblance of a roadmap, with some kind or nebulous idea of what could possibly justify this coin's existence? No need! People is so blinded by greed and stupidity that they will rent rigs to mine it and spend actual BTC in buying hoping for a quick buck if someone is even more stupid to buy from them.

Oh well, there are certain things that are simply, seemingly, inevitable.

SHAME.

 
2640  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield on: July 22, 2014, 05:24:44 AM
Falling off the cliff on Cryptsy now...
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