So it looks like a false alarm then.
Phew! You made my heart skip a beat.
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It seems like this would create an incentive to keep your coins in an huge number of wallets, so when you get randomly picked you only lose a small fraction of your value.
I don't think having users spread coins between hundreds of wallets is your intention.
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Thanks for keeping us updated!
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Shouldn't Bitcoin100 stop working on pledges and work harder on getting new charities to accept?
Has there been more than one charity yet? (Strep B is the only one I saw) Can we post the charities that are accepting bitcoin in the OP?
I'm sorry, but this project seems to have turned into a huge circle jerk. There are 50 pages of pointless crap! Seems like Bitcoin100 is working harder to promote its own brand than it is to actually accomplish its mission. If people only posted here when there was a new charity, I'd read every post, but now I just completely ignore the thread and don't really care about this anymore. Posting pictures of impoverished people does not help them: you are using them to promote yourselves. I find it repugnant. If nothing changes, I'll probably withdraw my name.
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What sets are they from? Could you take some pics of their condition?
If they are decent, I probably know some people who would take the whole bunch off your hands.
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A payment systems expert doesn't understand Bitcoin? Shocking!
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Seems like an interesting idea.
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Sigh...
Can we just keep Phinneas and his inane, pointless, off-topic posts locked in the Newbie section forever?
Sorry newbs, it's not always like this.
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I tried "friending" people a second degree of separation away from me in Retroshare.
Surprise surprise I *still* ended up with zero connections.
Its not just bitcoiners but also their contacts that simply are not online thus are not viable for p2p networking, it seems.
I friended about 27 bitcoiners and same number of connections they were shown as having.
Useless, total waste of time, pointless. Sorry. Its amazing the bitcoins themseves manage to network at all really I guess.
-MarkM-
TL;DR: Bitcoiners have a real financial reason to have machines online 24/7 yet even they are useless for finding connections for another p2p use...
I deleted all bitcointalk peers on Retroshare because some of them were sharing sketchy porn (filenames indicated possibly underage), and I didn't want to be any part of that. Retroshare is only intended (and only makes sense) for you to add people you already trust.
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Sounds interesting. Watching.
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JonNikopol is his reddit username.
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How many GH/s does your mining operation currently have and how much should 1 share (out of how many) cost?
As a benchmark: 1 MH/s 100% PPS "forever" bonds currently are traded between 30 and 40 Bitcents.
Currently, less than 1 GH/sec. I'm obviously building this from the ground up. There will be 1 million shares forever (I will not seek to ever create more), but I would like to get 1BTC each for them. Yes, I'm aware thats about 1/8th of currently circulating Bitcoins. So, everyone has to invest into it at a $5,400,000 valuation, before it has grown above 1Gh/s... You need to rethink your model. Also, why do shares represent 0% of company assets. This is odd. You have outlined what happens during a liquidation event, what about an acquisition event? The way you have written your offering, seems you may be able to legally sell all company assets to a third party, pocket the cash yourself (you are the only shareholder who owns assets), and leave other investors holding shares in an empty company with no assets or operations. I don't think you are trying to be deceptive, but with shareholder agreements, you should very explicit and describe every possible case, so there are no misunderstandings.
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I would like this idea (if the price was right ) Me too... this could be good for collecting debts. ... or deceiving lenders into thinking you are creditworthy*. *I do not condone this.
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I think this is a brilliant idea, and you could make a lot of money doing it.
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Atlas, sometimes tyranny is better than the alternative.
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