I expect very few would be willing to provide proof of address -- if it required a passport/license, nobody would bother.

I suggest an IP check, maybe some social media checks, etc.  Basically the same methods used to block puppet accounts for freebie coins. Or just go with a proportional payout per coin and not the tiered model. Although then exchanges and giant whales could be an issue, as they'd get all the payouts really.

There probably isn't an ideal solution. I was mostly just curious how you guys planned to do it.

Yeah, but how will you verify that? By address?

Again, if I put my evil thinking cap on, it could be easily abused without a physical address, and still somewhat abused with an address.

Say they have a spouse, and 4 adult children. And 7 friends... and several PO boxes. And would like 30 reward accounts please.

That may be an exaggeration, but how would you stop someone from doing that? Doing IP checking, I hope? Which again, is pretty easy to abuse.

Question about payouts.

On the OP it's stated like this:
MINI BAGHOLDERS: 20%  - 100-999 QIBUCKS
MIDI BAGHOLDERS: 15%  -  1000-9999 QIBUCKS
MAXI BAGHOLDERS: 15% - 10000 QIBUCKS PLUS

What is to stop someone from being evil, breaking up their coins into multiple wallets, and earning more payouts than they should?

Such as, InvestorX has 10K coins. He could get 50% rewards by keeping his coins in one wallet. Or he could be evil and break that up into 10 1K wallets, resulting in 350% rewards.

I'm assuming that bit wallet card thing, if it requires a physical address, should get around major abuse, but it could still be abused to a certain degree.

This seems reasonable to me. I would state that it should be original stakeholders, not all existing stakeholders,, unless you want things to get overly complicated. You could end up with people who hold a lot of ORA simply splitting up their coins into different accounts, to then appear like multiple people... expecting multiple 2nd stakes then. If you just go with the original list, and reward those who held at least 50% of their stake, it'd seem fair and simple to me.

It may also have the bonus of weeding out a lot of puppets too, as I'd guess a lot of puppets tend to sell off quickly.

This is why I stated they should stress the poloniex rules on their first page.

According to Poloniex, devs can't just grab all of the ICO money. There are strict rules, payouts must be for what the devs say they will be used for, and there is a public ledger. They sort of mention the fact that devs shouldn't expect giant lumpsum payouts.

https://poloniex.com/icdrequirements

So this shouldn't be like Bittrex or earlier Poloniex ICOs, where devs can grab the money for doing nothing. There is also an incentive to increase the value of Qibucks too of course, seeing as it's an asset based coin ... assuming devs buy their own coin, they'd earn money based on how well the coin does.

Yeah, it sort of feels that way sometimes.

*wants a hint as to what is being worked on*

I'd lean towards whale conservation myself, but food giveaways aren't going to hurt the coin (thanks for the pizza by the way... put up my pics the other day on that food thread). It just seems like as far as an overall purpose and use, the coin's message is rather muddled.

As has been mentioned, whale conservation could get free media publicity as an extra bonus. I'd like to see a whale of the week adoption, although of course it's not my money, so Whale would need to decide if he wants to support, umm... whales... well, real whales I mean.

When I went to bed last night I think it was 200. Extreme volatility right now.

But at least it seems to be settling back to around 500ish. So long as a solid floor can be established, things can move from there.

I just find it bizarre how easily people are spooked in crypto-land.  It's like if a dev goes to sleep for the night, all is lost, dev has vanished. Advice to Bosman, if you get a cold or the sniffles, don't mention it here, or people will have you on your deathbed.

Of course. I assume most realize that.

Trolls spreading fud repeatedly, nonstop, always have an ulterior motive, or are truly insane. Either way, it's not worth taking them seriously.

I may be mistaken, but didn't I just see the dev post like an hour ago? The same dev who also posted his photo here like a day before?

Just trying to figure out the strange logic you are using there.

Really surprised the trolling/fud would start this early for this coin. Usually they wait until a larger pump, then do the fud campaign.

Yeah, very true. Seeing as the dev has hardly been about at all nor active. And of course due to his failure to implement... umm... something, I guess in the months and months the coin has been on the market, a price correction was overdue.

You forgot the giant red fonts by the way.

On the selling side of things, the coin currently sits about 100 sats lower than it was before this dump. Who knows how prices will go, so I won't say it won't go lower... but it's not like the dev has sat around for months, coin languished, and price tanked from 20K to 400 sats. Nothing has actually changed about the coin except for the fact that someone dumped a lot and some folks bought a lot of cheaper coins.

What could help pricewise is if we discussed new coin features, how to implement them and timeframes. Such as if the dev said we could implement a wallet enhancement or some reasonably easy new feature quickly, it would add some intrinsic value to the coin. Other exchanges (although it's already on two main ones), or other additions, also add value.

Basically it keeps panic sellers from panicking quite so much then. It's also one reason why anonymity, mobile wallets, veribit, or whatever new features folks decide upon, can sustain a price before said feature is even implemented (so long as it's in progress). People can be so insanely impatient, and well as jumpy ... so sometimes there needs to be a carrot dangling semi-close by or they panic.

Probably someone hit his low buy order, so he could change from fud to pro-coin -- in a matter of minutes.

I wouldn't be that discouraged. Everyone here besides some peculiar troll has trust in you.

The price is slowly recovering and wouldn't take a whole lot to get back to where it was just a couple of hours ago. Again, .5 btc on the order book gets the coin back to where it was, more or less.

You don't lose anything until you sell. And at these prices, I see no logical reason to sell.

I also see no logical reason to spread fud here, nor make an idiotic statement like you did.

I don't usually understand dumps like that, unless it's just whales wanting to feed on panic sellers. Around .5 btc gets the order book back up to the 500s... so there isn't exactly any reason to feed them.

I sometimes think trolls/fud spreaders are on autopilot sometimes. And that post is an example. They sometimes just throw out the same generic claims, even if they make no sense whatsoever. He forgot the giant red fonts though.

There will always be some impatient people. To me it'd make more sense if people want to sell to wait until new coin developments start to take place.

Mobile wallets or wallet enhancements typically don't take that very long... should add value to the coin.

Or better yet, anonymity. I wonder if any coder types out there could comment on feasible anonymity features, assuming folks wanted to add that feature?

Centralized mixer should be easy, but isn't so great.
DarkSend ... could be interesting if doable, as 1K masternodes all paying staking rewards sound rather profitable.
What other methods are most other coins using for anonymity? I know of the cryptonote coins, but haven't kept track of other options.

I thought the coin already had a website, or do you mean a better website?

Mobile wallets, or general wallet improvements could help. But I don't know how much funding is left for the coin.

I think part of the problem has been its focus. I hope people don't take this as complaining, as its meant as constructive criticism, but there wasn't a real straightforward goal or focus with the coin initially. It appeared to be a little fun meme coin at first, then a coin geared towards food for crypto people. Or a mix of both. But I'm not sure if that really appealed to investors, at least not without a food portal or something similar where people could use the coin to buy food. Or chat, or whatever the portal was meant to be.

With a name like plankton, I would have thought perhaps whale conservation would have been its main goal -- perhaps have transaction fees go to a donation fund, or something like that.

Anyway, the asset idea I guess could work, but of course you need some assets to start with. At current prices, you would need an awful lot of donations. I do think that Plankton shouldn't be tied too closely to qibucks however... sometimes you don't really want to start a new coin with baggage from an old one.