Really like "Mind your own business" - the playword with "mine" is relevant only to miners, possibly too nerdy for wider adoption...

A few other slogan ideas

• In Freedom we trust
• More than a Currency, Shared Values
• Share the Value. Privately.
• Because Freedom is Priceless
• Independent, Anonymous, Unsubdued
• We Fight for your ePrivacy
• The Only Anonymous eCurrency

Yes indeed if the decision has been made and the plans are rolled-out I guess we'll live with it...

Focus needs to be on the demand side anyways

First, sorry if i sound like i'm criticizing.
I'm only trying to help and provide some economic perspective. We are all looking for the same thing and I have a lot of respect for you OmarG and tempestb as you guys are making things happen for Hiro.


Yet I agree with marach, the real issue is the demand.

I've read your paper OmarG and the charts make perfect sense when the demand is steep; decreasing supply should result in an increase in price. However, we observe that despite the huge drop in price the demand has not increased, which suggests a flat demand curve. Try to re-do the graph with a horizontal line for the demand and there is no impact on price of changing supply.

To note these charts are usually used in economics to understand pricing at the total market level, with total demand and total supply and NOT for a particular brand (Hiro) in a competitive market (cryptocurrencies)...

In competitive markets what you need is innovation and differentiation.

• Innovation can be counted upon thanks to HiroS.
  
• I was hoping that Hiro's differentiation would be its stability as this is differentiating vs. most other coins where teams and communities over-react and make poorly-thought-through decisions because of short-time panic (mostly related to price)...
  
  • Anyways, maybe it's not the right angle. Surely this would help in the long term. In 2 years when the shopping cart scanners will be available which coin will investors trust; the one that has changed strategy 10 times with the wind or the one that stood up through the difficult times?
    
  • And at that point Hiro would go from 1 sat to the top of the market caps! Is 2 years too long to wait in the crypto-world? Why not stand for something longer than a fad? It would it still not be so much better as an investment as any other investment outside of cryptos for such a time frame (as opposed to hours or days in the rest of the crypto-world). Hiro could stand for longevity with a much broader view than other cryptos focused on Mintpal and whatever kind of pump plays.
    
  
  The focus/absolute priority should be on building an actual community.
  
  • Your text Omar on the Hirocoin forum was not commented once, sad but true. And THIS is the issue.
  • Hiro has 200 fans on FB when Dark have 2,600 on their main page and they have a few other non-official pages. Ideas and innovation diffuse in the market through people... Adoption goes through people.
  • A first step could be a few words from HiroS on the forum/FB/Twitter; even if it's not a Hironews I'm pretty sure even 3 words about the weather will help at this stage... Dark devs may also provide a few nice quotes about HiroS to their community, couldn't they? Just a thought...
    
  
  
  By the way, with the dynamic reward system if the number of coins earned with mining drops when the hashrate goes down, wouldn't it make the coin vulnerable to a 51% attack? The snowball effect on the upside makes sense, but it may turn to be a snowball effect on the downside (price down, less miners, high risk --- consider the flat demand curve above)... It may be worth thinking of a mechanism to prevent a 51% attack if you roll-out this system anyways.
  
  
  Hope my inputs will help our community.
  
  

Mining 10 coins at 10 sat is equivalent to mining 5 coins at 20 sat isn't it? How can this be more profitable for a miner?

I would of course also like to see the price go up but arbitrarily messing up with the supply will only hurt value in the mid/long term...
Hiro is so far one of the only "new" coins that has managed to have some consistency - call it decision stability - this is valuable. 

Sorry Lizard but I disagree; getting closer to LTC makes a lot of sense for ANC - both coins have much to win from closer partnership....

As for Kittehcoin I'd say that being traded in LTC is a consequence rather than a cause of their poor performance..

I'm with you on the % donation and the messaging.

We could also think about how to promote acceptance by businesses, possibly with an incentive; 50% yearly interest is one of the highest, which if nothing else is done will dilute price.

Why not allocate a higher share of stacking (i.e. 5% or 10%) and build a hefty promotional reserve to be given to merchants accepting PHS? This should obviously need a contract, and possibly a foundation for PHS as legal entity.

Obviously the system should be transparent and agreed in advance to avoid any manipulations later on.
(even community voting; there has been too many abuses /bad decisions by some communities over the past months - take XBC for example. I like to believe the PHS community wouldn't favor short term profits at the cost of future ones...)


In addition, there were alredy a good deal of good ideas back in January:::::

The obvious trait of the currency that will appeal to people is its %50 annual return--for investors and speculators this is a tasty proposition--but who else would greatly benefit from this feature in short-term, but keep the currency moving and promote volume in the exchanges? A few ideas:

-pre or post startup businesses
-small business owners
-independant researchers
-small law firms
-private schools and private universities
-small medical practices

It wouldn't be difficult to compile a small, professional set of brochures and introduction manuals that 1) explain bitcoin and cryptocurrencies 2) convey a serious and professional image for Philsopher Stones to its audience and 3) convince its audience that in the uncertain age we live in, with the collapse of Fiat and the rise of digital currencies, making Philosopher Stones a part of your porfolio or investment strategy is not only sound, but you would be unwise not to do so.

In conjunction with this straight-forward approach, we should consider more unorthodox, guerrilla-style techniques for targeted advertising and exposure.

-Create a newsletter that you send to the above mentioned groups.
-create ads that can be placed for free in small communitity publications such as residential listings, classifieds, public library boards --> target specific communites that are more likely to have investors
-recruit college students to put up fliers, tear-aways, place brochures in classrooms
-send direct, personal form letters to doctors, lawyers, congressmen, senators, and any key personel that are easily looked up
-aggressive social media campaign - twitter, facebook, reddit, etc.
-professional, yet simple website or blog with regular updates regarding PHS and persistant newsfeed regarding crypto
-go further-->ensure that PHS website has charts and streaming market data --> give people a reason not only to come to the PHS site, but give them a reason to stay

::::::::::::::::::::::


Now it's a question of implementing them! I think short wins are to use the PHS arwtork of the Qt in all communication (looks more professional), improve the website and FB page (i.e. a page rather than a person profile, which would be easier to manage by the community).

Thank you heskey!! I'll vote for NTX on Poloniex and buy a few more

Fair point! But who wants to spend energy/money/time on things that don't make a difference... 

What kind of action would you have in mind paardenkip? Any ideas?
It may be worth some kind of brainstorming, not sure if this forum is the best place but anyways...

If there is a path that's worth following I'd be happy to invest time in it. And I hope many others who like PHS would too!

You genuinely believe that getting listed on Bittrex will give PHS more than a +20% bump in price over 3 days?

Cryptsy is actually a bigger exchange. And by the way we may want to respect them and collaborate with them as they are PHS only exchange right now; there's no need to create unnecessary fuss for 20$ transactions...

What the coin needs to succeed in the long term is other ideas to make it more distinctive/innovative now that so many other coins have moved to POS; ideas to drive awareness, adoption and systems outside of crypto-enthusiasts forums to give the coin practical - as opposed to speculatory - value for day-to-day use by the many...

Thanks Palmdetroit for solving my issue in the background/PM so quickly. It's very reassuring to have a dedicated and competent dev such as you for PHS holders

Long life to PHS!!!

Hi PalmDetroit,

Thank you for the hard work!

The "official" blockchain isn't making it for me; my withdrawal from Cryptsy and associated stake from March isn't in the blockchain (despite having been confirmed 33'767 times).

ID: 99adc617594bbd370e8560dc54965f18512302b839c8a4b21e16e6919532fb40
Checkwallet:

{
"mismatched spent coins" : 2,
"amount in question" : 507.63931500
}

Would it be possible to have a look?

Thanks in advance...

Hi guys,
I've just posted 30 votes for Rainbowcoin on ECFC - I'd encourage you to push it in the list as well! It's an easy win as when it gets 1000 votes it will be automatically added to the exchange (no competition)...

Let's be serious about promoting this coin!

AnonyFox,

Fox Coin should not die!! Let's connect to discuss the future of Fox...