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Dev can you please talk a little more about the security measures around the online storage system?
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I think you guys are on to something here and I am not sure why other alt coins have not provided an online storage service. Maybe ppl are not comfortable with "Being the Bank", they don't know how online wallets work or feel comfortable with having one on their computer for theft, hard drive failure and numerous other reasons. Providing online storage will be extremely beneficial as many are familiar with online banking paypal etc. This might help ease their transition into crypto!
Looking forward to seeing how this progresses!
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I wish people would stop thinking about coins as purely for use as currency. There's so much more we could be doing with blockchains!
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I would have thought this coin would be live on an exchange by now. It's always the legit projects that have a hard time getting listed. The scam coins seem to get listed right away. I guess its who you know.
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I just launched the new client with -rescan -reindex and everything is working fine. thanks
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Can't wait for the beta site honestly, would be nice to get some screens and more updates devs thanks. Also any exchanges?
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I purchased a bit worth very excited to see the platform in action.
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If you are in a carpool and the driver gets pulled over and gets a ticket. Does everyone in the car help pay or is it all on the driver?
legally it's all on the driver ofcourse but I am sure if you were traveling with some cool ppl they would chip in unless you were just driving like a basket case. |
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Crowdsale LiveJust a reminder that the crowdsale is now live at www.ridemycar.meFor those who registered already, you will now be able to start making deposits and participating in the crowdsale. The crowdsale will end on Friday 8th Oct. As always, thank you for the continued support for RMC, without you, this project would not see the light of day. The red theme is growing on me, send some btc over should be arriving shortly. Yeah i'm not so sure about the red, I would have preferred something like blue or light blue personally. Crowdsale is looking good so far (for me anyway haha!) The hunt for Red October! |
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Crowdsale LiveJust a reminder that the crowdsale is now live at www.ridemycar.meFor those who registered already, you will now be able to start making deposits and participating in the crowdsale. The crowdsale will end on Friday 8th Oct. As always, thank you for the continued support for RMC, without you, this project would not see the light of day. The red theme is growing on me, send some btc over should be arriving shortly. |
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This is how I roll...  |
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What I like the most about this project is that it is using a current technology to create a community to help the environment by reducing ones carbon footprint.
crypto for the greater good! |
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It's all a ruse! Soon they'll come out with IoT devices that facilitate machine to machine payments all the while storing data on who you are, where you are, and your money!
Okay well that's the dark side of what could happen.
The obvious question is, why can't uber just accept bitcoin? What is stopping them?
heh, the connected future - Improved efficiency, every kind of service at your fingertips, blockchain hackers working for the government harvesting and collecting all kinds of data. I'm with the anonymity camp here, anarchists unite! Why are people so hesitant about giving a few bits of information out? If you have nothing to hide, then what's better than having authorities with real power help you when things go wrong? What if the authorities were able to track down the hackers of Bfx and instead you could either 'vote' for anonymity with the price being all your money potentially lost, or go with the regulated approach and have all your money back? I'm with the latter. Too much time is spent on trying to change models of governance when really they benefit just a few criminals. For the majority of users - and it happens that those using rmc will probably be the minority because of their crypto background, they would rather have assurances from 3rd parties and authorities that at least someone is held accountable. |
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Just offering my 2 cents from a business POV
The success of this coin depends on a number of factors.
Lets break them down for the sake of constructive criticism and a mutual interest in economics.
Your coin will be able to attain scale only if individuals switch to using your monetary system as a means to accept and give payments for rides.
Existing players like uber, lyft, didi possess a massive monopoly in global markets and have been able to invest billions towards keeping away activities from unions and the likes. While ride sharing as a concept is fairly interesting - it includes changing the behavior of possible users. Now take into context the fact that uber is about to release self driving cars and we are increasingly moving towards machine to machine payments.
The total user base for your coin will rely on
-Those using crypto
-The fraction of people using crypto knowing your coin
-The fraction of people using crypto knowing your coin with other ride shares around / drivers willing to take the coin
-The fraction of people using the crypto knowing your coin with other ride shares around / drivers willing to take the coin with access to a wallet and coin of some value.
That, is a very small market. And unless and until you have atleast a couple million dollars to invest into acquiring users, those buying this token are going to end up sitting on another bunch of tokens that can neither be used for ride shares nor be traded.
Sorry, I do not mean to bash on you but do re think your strategy.
Feel free to PM me if you'd like to discuss this further.
Good analysis, you have a good grasp of the economics of business. It's scary to think that other rideshare businesses have basically been burning cash continuously in an effort to reach mass adoption. You do have very good points here.. Thank you for the kind words Sir. @OP - can you please explain what's going ? Reposting. Thanks for the analysis cryptor0th. From the discussion in the thread, it seems that it will indeed be quite a challenge to get a meaningful amount of adoption without burning a lot of cash whilst trying to become a loss leader. Some of the possible solutions to this have been to narrow the demographic and target specific use cases, I think someone mentioned University students for example. I would like to mention however that the purpose of this pre-ann is to have this discussion and see how the direction I should take this project. Integrating crypto into a real life business model is never easy because as you say, it requires changing the behaviour of users who are already accustomed to other systems. In addition, the crypto demographic is already a very small subset of society as a whole and trying to get people to understand and use crypto is a challenge in itself. I will say that the project much like crypto in general is still an experiment and I cannot guarantee that it will reach mainstream user adoption, but the lessons learnt will enable some aspects of crypto to be applied to this business model which I think is worth the effort. There are so many possibilities and yet one of the bottlenecks will always be the funding to make them possible. I will put together a marketing plan after reading some more discussion and I will be happy to discuss ideas moving forward. At this moment, I'm putting more focus on putting together a minimum viable product, after which, there is a possibility of approaching larger investors for the funding required to take this to the next level. I suspect that the larger part money spent will be in acquiring users, and you are very right in saying that this could be of the order of a few million dollars. There are however initiatives from governments around the world seeking to fund projects with some potential value. http://www.coindesk.com/uk-government-distributed-ledger-competition/ this is one I saw just the other day. good stuff dev thanks for the updates |
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I'm not so interested in another Uber honestly. But for the sake of discussion, I would say that another model might work in regular bookings of trips.
Think about it, when someone needs to make the same journey regularly, they would normally take public transport, or drive their own car. Now you can find someone who takes the same journey and book them regularly.
Yeah OP seens to be taking another route with some sustainable ideas. Hopefully will be able to build rapport with other commuters. Maybe a social platform or forum would be cool?? social platform and community participation will be the key to this project. Trusted rating system to ensure safe travel |
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It might work for college kids going home for school breaks, but I guess there needs to be enough drivers making that journey back home. Those drivers also must have large enough cars cause obviously the students will take a lot of luggage with them.
Actually I think this use case would be perfect in colleges. It's a lot harder to book ubers for these long drives.. I think you're onto something here, perhaps marketing to universities would actually be the best place to start.. |
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How slow it is.. I can't imagine using it like my visa card..
Yes I know about the bitcoin debit cards etc but that's not paying bitcoin directly.
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I'd rather get paid in BTC anyday.
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Felicidades por la buena nueva.
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Yo sigo interesado desde mayo de 2014.
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