A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave. You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations. I'm still waiting for your explanation regarding solracx's contact email, Mr. Perez. hmmm... I thought FC was Perez ...  Answer this very important question ! And remove the negative feedback you posted on my profile ! Fairness MY ASS ! |
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He claimed that the funds raised would go twords the need families in the area.
Why are you so quick to pass this off as nothing when its obvious he didn't follow through ?
Where did you 'just notice' this statement by Jdtmp4 ? Please post the quote or screenshot.
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I didn't say I didn't buy his BTC, I said this was the first I've heard of this fund raiser. And frankly I don't remember everyone I bought from.
And I'd expect him to swap the BTC to $ before donating it. Most food shelters don't take BTC. lol.
Either way, I don't see the point in all this. I've donated money to the OP in the past and I don't care what he did with it. You give to help someone not to judge them and if you think you're being scammed then you don't give them anything. I for one like hobo and I would donate to his cause if I had the money.
 This is the first I've heard of this. Nobody sold me anything. I was gone in Europe since late November and out of touch.
I'm spent right now CryptoHobo, but I'll keep you mind, brother.
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Your smear campaign has no basis at all. I'll bet you took that right out of solracx's mouth, Carlos. eightspaces and some1 have posted negative feedback on your account, yet your profile appears to be clean. How is that ? Please explain the apparent identity conflict. Why is solracx using your name and/or email ? Then explain why you have so much faith in Level Coin and his alleged IPO scam ? PROPOSAL: Implementation of the following PROOF OF BURN: https://bitcointalk.org/index.php?topic=422309.0;topicseen FOR NEX Level 1 (LV1) coins are the name of the currency that will be distributed via the pre launch fundraiser. These are the coins that will be on exchanges and can be bought and sold. These coins will generate 1 additional LV1 coin per week for every 1,000 LV1 coins that you own (updates fractionally on the blockchain every 15 seconds and are rounded up to the nearest millionth). This means that in one year of holding 1,000 LV1 coins, you will receive roughly 50 LV1 coins, or 5% per annum. Doesn't seem like much? Keep reading.
Level 2 (LV2) coins can only be obtained by burning Level 1 coins. For every 1,000 LV1 coins that are burned you will receive one LV2 coin. These coins can not be exchanged, sold, or discarded by any means and will be attached to the wallet indefinitely. Each LV2 coin will generate five LV1 coins per week. In one year of holding one single LV2 coin, you will receive roughly 250 LV1 coins. This equates to an increase of 25% per annum. Much better isn't it?
This cycle is revolutionary in the sense that someone holding LV2 coins will generate coins at a fast rate and cause inflation, yet to get LV2 coins they would need to burn LV1 coins and that would cause deflation. In every case of inflation, there is a stronger deflation to counteract it. This may very well be the first currency, both fiat and crypto, that has a built in mechanism to eliminate inflation on a very large scale. The cherry on top is that this deflation is instant, whereas inflation is dragged out over a long period of time. Let me give you an example:
Assuming a constant demand, a typical Proof of Work or Proof of Stake coin will lose a vast amount of value as the supply of coins on the market increases. A Proof of Burn coin on it's own will forever be attached to a Proof of Work or Proof of Stake coin and by association will also lose value over time, again noting that this assumes a constant demand. Levelcoin on the other hand has evolved to use a combination of the best features of Proof of Stake and Proof of Burn. This has lead to a system that is highly resistant to inflation and may in fact have the opposite effect. Assuming a constant demand, the value of Levelcoin will likely increase as more and more people burn their LV1 coins, causing supply to dwindle.
Nothing like this has been tried before and should the system work as planned, any founder will see an enormous return on investment. There is very little incentive for users to "pump and dump" or to flip in and out. This coin caters more towards loyalists, and considering that there will not be botnets nor ASCI's to deal with, everyone will have an equal opportunity to take part. The system is built around simplicity. Have you noticed how all new self proclaimed "next generation" currencies are getting more and more complex, both in their algorithm and distribution methods? There is no need for that, and Levelcoin aims to prove that. Google had the right idea by creating a simple search engine, and look where that got them!
Those who have faith in the currency and are in it for the long haul will reap enormous benefits from burning their LV1 coins to obtain LV2 coins and then selling the LV1 coins obtained via interest on an exchange that will likely be proprietary. Or they could choose to burn those new coins and compound their interest while at the same time creating scarcity for LV1 coins. The choice is yours. There will always be demand due to the fact that LV2 coins can not be obtained in any way other than by the purchase and burning of LV1 coins.
In summary, this looks like an excellent idea. Pre-launch NEX coins will be LV1 coins and new coins will be LV2 coins. This proof of burn functionality is superior to the 'forging' feature of Nxt. The best way to think about this is to make the analogy between banks and enterprises. Actually, I should rename the LV1 and LV2 coin, "NEX Invest Coin" and "NEX Enterprise Coin" . With the NEX Invest Coin you get 5% interest. You never lose your principal. With NEX Enterprise Coin you consume NEX Bank Coin but in the process you stand to gain 25% of what you gain. |
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This is the first I've heard of this. Nobody sold me anything. I was gone in Europe since late November and out of touch.
I'm spent right now CryptoHobo, but I'll keep you mind, brother.
If you didn't buy his BTC, then why did you guys post trust ratings ?  |
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Do you mind if I call you Carlos ?
Please explain the identity conflicts.
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I have updated the OP to include new and not so surprising evidence that solracx is not who he claims to be. NXT to NEX ipo thread started by FrictionlessCoin, aka Carlos Perez. https://bitcointalk.org/index.php?topic=424724.0On page 17 of that thread, solracx jumps in with his Zenithcoin promo, hoping to snag some verrry cheap NXT. To help promote ZenithCoin. www.zenithcoin.comI will be offering a ZTC giveaway for every user that reserves in this thread. For every 100 NXT coins you pledge, you will receive 1 ZTC coin. This does not require that NXT coins be sent to me in exchange. So, if you pledge 10,000 NXT coins, you will receive 100 ZTC. You will need to post your ZTC address with your pledge. Please post in the following EXAMPLE format: Count me in for 9500NXT.
Here is my ZTC address:
12gqjuv47EuF3LFfXywyojfR3ozSNwCGxh 95 solracx In this example, user solracx will receive 95 ZTC. No exchange necessary. A wallet can be created without downloading the ZTC client. Use http://wallet.zenithcoin.com Thank you, solracx |
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100NXT 5000NEX
Poem please, there are so many sockpuppets in this thread. If you're not into haiku and stuff, you can also post some nice cat pictures btw. Whatever you do... do not make any sudden moves !   |
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WTF... FC made 2 threads !? lol
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WARNING !!
If you are using the 'default trust' settings, you will not see the "trade with extreme caution" flag on Frictionless' account.
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WTF I just did the math. lol 1000 NTX per 200 ZTC @ current NXT rates/0.00008640 BTC = 0.08640 BTC or 0.000432 BTC/ZTC. Multiply that by the 41800 ZTC I hold and..... IM STINKIN RICH !  That is why you are an idiot for not thinking the big picture. I'm seeing it alright...  This is why I'm about to offer my 41800 ZTC for this, one time only, price of only 8000 NXT.  Take it or STFU solracx. |
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WTF I just did the math. lol 1000 NTX per 200 ZTC @ current NXT rates/0.00008640 BTC = 0.08640 BTC or 0.000432 BTC/ZTC. Multiply that by the 41800 ZTC I hold and..... IM STINKIN RICH ! |
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I want to know how coins can magically appear and disappear like that ! |
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MY ZTC, YOUR NXT !
I will pay 200 ZTC per 1000 NXT.
Newbs always send first.
10923543148603381514
Could you create another thread for this? What ? Is your ZTC for NXT promo over already ? Are you perez and/or FC ? |
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MY ZTC, YOUR NXT !
I will pay 200 ZTC per 1000 NXT.
Newbs always send first.
10923543148603381514
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He is supposed to have well over 1,200,000 ZTC at his disposal. Why is he being such a cheap ass ?
I will pay you 150 ZTC for your NXT. Just give me some time to setup the client.
How much are ZTC going for? Are they listed on an exchange? 1.2 million out of how many in total (now, and ever)? 2.48 million according to the explorer http://explore.zenithcoin.com/chain/ZenithCoinDon't forget to tell him that you supposedly hold at least half those coins. p.s. I'm attempting to expose your sock puppets with my 200 ZTC offer, dumb ass. |
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1A7gKE4PX3NK7U6tAh8AEaVG4J31jrZ5BX
Count me in for 1000NXT. So i get 100 ZTC?
The recently cloned NXT project too much,May God bless this is true.
I want to exchange 2000NXT.
I will double solacx's offer. I WILL PAY 200 ZTC PER 1000 NXT. Now where do I go to get the NXT client ? lol |
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1A7gKE4PX3NK7U6tAh8AEaVG4J31jrZ5BX
Count me in for 1000NXT. So i get 100 ZTC?
He is supposed to have well over 1,200,000 ZTC at his disposal. Why is he being such a cheap ass ? I will pay you 150 ZTC for your NXT. Just give me some time to setup the client. |
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