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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: POW / POS - PhooeyCoin - Kick the crap out of crap coins - Launch 1st of June on: May 19, 2014, 01:04:29 PM
if ( no IPO == true )
{
     interested = true;
}
else
{
     for (i = 0; i < infinity; i++)
     {
          bullshit++;
     }
}

Smiley

No IPO, however Pre-mine is likely for bounties etc.

Nothing is concrete. We have 10 days to get this right.

Fair Launch, Fair Price, Low possibility of Dumping coins.

2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: POW / POS - PhooeyCoin - Kick the crap out of crap coins - Launch 1st of June on: May 19, 2014, 11:03:53 AM
So from what I can gather, this will be more of a 'tipping' coin then?

That is nearer the mark. But we have a target audience.

The target audience we are keeping under wraps for the moment.

If we feel too much negativity, then we will probably not continue with the project. We are putting out there and opinions are more than welcome.

thanks
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: POW / POS - PhooeyCoin - Kick the crap out of crap coins - Launch 1st of June on: May 19, 2014, 10:46:43 AM
Thanks for your interest in this coin!

I can only tell you that this coin will be fairly distributed and promoted.

No airdrops for certain! The usual bounties and giveaways will be put in place.

Full details should be available in the next few days.

Its been decided between the DEV team that some things could be tackled from a different angle, we are confident our idea can work.

Essentially, we have put our name to a date, we are now sleeping on the specs and putting our heads together in the morning.

Thanks again!

Wow 20% interest every year?
so every 5 years the amount of coins doubles? brilliant!

Stop cluttering up our market with more crapcoins with 0 innovation.
It's not funny, and you aren't gonna make a million dollars.
All you are doing is getting dumb people to mine your coin in hopes of dumping it at the earliest opportunity. This weakens every other currency, even the innovative and professional ones.
Dilluting hashpower = lowering value of all coins.




Actually we wish the price to be low and the number of coins to be many.
This is part of the grand plan, although to be fair, we also need to look at the technical specifications.

This is a fun coin, we don't expect stores everywhere to put up signs saying "Phooeycoin accepted here". Ive still to see a store with DOGECOIN ACCEPTED HERE sign and look how popular that is?


Bitcoin was Innovative, as was litecoin with Scrypt mining.

Lets be completely honest, we are still seeing coins using the SAME GUI INTERFACE as bitcoin for example on any coin you choose.

Whats innovations? Tweaking the tech specs and doing an air drop? Perhaps donating to Charity? Getting teams to the Olympics? Is this not marketing?

I think we have yet to see real innovation since Bitcoin. The code remains largely unchanged since then for any coin you may choose.

Also with your comments regarding 'making millions' - no we don't expect to make millions.

 


Can you imaging, for example, SETI at home? This was a fun project and a way to waste time ( like fishing, overclocking, cooking, eating spicey food or football).

The Dev team will have fun, those who mine it will have fun, those who pump and dump coins will have many other coins to choose from. We wish them the best of luck with making millions and we also wish you the best of luck making profit online.

thanks
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: POW / POS - PhooeyCoin - Kick the crap out of crap coins - Launch 1st of June on: May 18, 2014, 11:33:09 PM
Thanks for your interest in this coin!

I can only tell you that this coin will be fairly distributed and promoted.

No airdrops for certain! The usual bounties and giveaways will be put in place.

Full details should be available in the next few days.

Its been decided between the DEV team that some things could be tackled from a different angle, we are confident our idea can work.

Essentially, we have put our name to a date, we are now sleeping on the specs and putting our heads together in the morning.

Thanks again!
5  Alternate cryptocurrencies / Announcements (Altcoins) / POW / POS - PhooeyCoin - Kick the crap out of crap coins - Launch 1st of June on: May 18, 2014, 11:00:00 PM

PhooeyCoin will not be launched. Two things made this happen.

The Main One... the Dev who was going to make the wallet bailed on me.
He said that he didn't have the skills to pull this off!

I appreciate his help with it anyway and so Phooeycoin is Dead Before Launch.

I wish everyone all the best!





Technical specifications


Algorithm: X11
Total coins: Unlimited
Block Times: 1 Minute
POS interest: 100% first year then 20% year on year.
Min stake time: 14 Days

(Specs yet to be finalised)

Here it is, the coin that you have all been waiting for, the coin to take the crown from Doge.



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