I haven't checked the numbers, but how many coins remain after the initial distribution?

And has it been decided what is to be done with them? A 2nd round of stakes could work, although doing another registration could be messy. Going the comm route could work, where initial stakeholders receive a 2nd round, but only if they held a majority of their initial coins. It gets around the issue of giving coins to those who just want to dump, as whomever still has their initial stakes obviously didn't plan to dump at cheap prices. 

Any particular reason for the price drop? Big whale dump, problem with PoSA? Checked back a few pages here and didn't see anything really, besides folks just mentioning chart forecasts.

I'll guess a number of folks sold to go chase SDC, but wouldn't think it'd affect the price that much. Or just investor impatience... even though I thought I saw the devs announcing PoSA release this week?

What is the ticker for this, QBK or QBX? I sort of prefer the latter, although expect it doesn't really make a difference ... just curious.

Has the ICO price been set yet?

And since it's on Polo, I would suggest the devs announce all of the Polo ICD rules on the front page somewhere, to somewhat help assuage typical ICD/ICO fears. I think this will be the first new ICD coin on Polo using these rules too, if I remember correctly.

You misunderstand ... no need to take on other anon coins, nor worry about competition. DarkSend will go open source at some point, assuming their code passes testing. Just reuse what exists, no giant dev teams needed, and I wouldn't view it as a competition. It's simply adding value to GPC based on existing code, and probably minimal work (at least compared to inventing DarkSend to begin with).

To me, the easiest way to go probably would simply be to implement DarkSend after its opensourced (believe they planned to opensource it soonish, although haven't kept track). But I have no idea how easy it'd be to incorporate or how the masternode stuff would work with GPC. I do think the idea of GPC masternodes (1K per node) all paying staking rewards could be popular, and at current prices, rather profitable for GPC people. As a comparison, a 1K node for Drk is like 9-10 btc each right now.

No idea as to what budget would be needed to incorporate it, but I see no reason to reinvent the wheel.

Can't disagree there, although it could be an option. If folks want it, they set it to auto-update... if not, just leave well enough alone. A notifier as to available updates may be a better and safer idea though. Perhaps an auto backup wouldn't be such a bad idea either.

Also agree as to anon, mentioned it earlier as a suggestion and it would be my first choice too (at least based on suggestions so far).

Well, it's more evtrmm's point.. and more a comment on my newbie naivety when starting out.

There are a number of fancy wallet features that probably could be added -- things like password recovery, voting, news tickers, built in exchange links, recurring payments and such. Personally I'm not big on wallet stuff, but I suppose others would like it. I just want my wallet to install and work without exploding or losing my coins.

Actually, probably not.  If I was the evil sort, it'd probably make more sense to release an open source wallet, then release a fancy second closed source one, claiming it's to protect the code from theft.

If you are asking me if I honestly think there is malicious code in the new wallet, I'd say nope. But at the same time I'm sure others will have those thoughts, especially with what has gone on with the coin so far. If it was me, I'd just opensource it. Since the devs here are the ones that made it, they could always add improvements to it over time, and ideally people would prefer using the coin that originated the features, rather than a copy-cat clone.

Hmm... not so sure any sane person here would use a wallet that wasn't open sourced. I mean, enough fishy things have gone on already. How many folks would feel good about using this new wallet with no idea what is inside of it, after what has occurred with the coin so far?

That sort of veers into why use crypto at all to purchase anything, and to be honest, that is also why crypto may never prove very popular as a form of currency with the general public.

One way around it is having a credit card company set up a multi coin processor card, and then they could offer the same safeguards, ease of use, and even rewards, that credit cards offer. Anywhere that took fiat, could also then take cryptos. But of course that isn't something GPC can simply 'do' -- not unless the dev happens to run a credit card company on the side.

Touching on other points, I do think anon serves a purpose. It's a niche purpose, but it's a differentiating factor in relation to btc. But rather than re-invent the wheel, I'd just go with darksend after its open sourced, assuming it's not insane to incorporate into GPC.

And an easier to use wallet probably would be nice. When I was new to cryptos, I assumed all wallets had some auto update feature, or something similar. Of course they don't. In fact, half the wallets seem to barely work at all, at least not without setting up something manually. Not so sure that would exactly be a killer feature exactly, but if cheap and easy to add... sure why not.

Not so sure there are enough transaction fees to really support much just yet. The dev would have to comment on that one.

Let's say we implement a rewards program such as credit card companies use -- discover portal, or something like ebates. That tends to be a 1-10% discount on purchases, sometime 20% off.

If there was a 15% markup in the marketplace, and let's say a 10% discount... yeah, it could work. But I'm not sure if anyone would shop at a marketplace that had a 15% markup. Most of the things crypto people tend to buy are giftcards and such, so markups don't work so well there.

I'm also not so sure there are enough consumers here in crypto land to force vendors to do anything really. Noble currently offers a 10% discount on all giftcards, including amazon, newegg, and others. And I believe they plan to go back to their 18% off after they change the coin over to POS. I'm not sure if any new rewards program here can beat those prices.

Going to quote some of the ideas just so it's easier to talk about.


The 1st and 2nd points are of course already in place with multicoin processors like coinpayments, moolah, etc. Basically all a coin needs to do is get signed up with them (sometimes easier said than done).

I'm not entirely sure how feasible it'd be to take on existing coin processors, at least from the perspective of initial funding and merchant acceptance.

Number 3 & 4 is interesting, and I suggested it to Noble for their merchant marketplace ages ago. They did say they may implement something like that eventually. The only problem is, someone eventually has to pay for those rewards. If there is enough of a markup in the marketplace to handle a rewards program, it could work, but of course if too big a markup nobody would ever want to shop there to begin with. Noble could possibly get away with it because they actually could take an initial loss (sorta) due to low volume + special deals + using the Noble premine. That wouldn't work for GPC.

Perhaps a marketplace could be set up though, as they are always useful. Just not sure what vendors could be persuaded to start with. I'd probably lean to first just getting GPC signed up with an existing coin processor like coinpayments, then worry about a marketplace and such later.

There is also the 'veribit' issue where a low volume coin can't really use a payment system so successfully, unless it's a very limited sort of marketplace, probably capped daily. Otherwise it'd tank the price of the coin.

That's what POS is. To earn this income you must first buy/mine the coins. Of course the staked coins would be a rather terrible income unless a person was living in a cardboard box and could get by on pennies a day.

Otherwise, where is this income coming from? What service are you speaking of? Just because funds are paid in cryptocurrencies, they do need to come from somewhere.

I guess a mechanical turk-like service could work, with income paid in a cryptocurrency. Although there probably is no benefit of using crypto for this exactly and based on turk 'salaries', I doubt it'd qualify as a basic income for most people.

I assumed those extras were staked coins, although I could be wrong.

My point being... people with a serious amount of money may be less likely to invest in a coin when its community appears to be 12 years old. It's not about tips or info provided really, it's about a complete lack of maturity.

Of course trolling/fud occurs with many other coins in this forum too. But it seems like most of the time I check this thread all I see are giant memes or people trolling one another. Just saying if folks want to see the coin reach its potential, perhaps it may not be the best idea to seemingly spend 90% of the time talking about other coins/arguing with trolls.

Yeah...

Sometimes I wonder why Cloak is priced as low as it is. Anonymity + decentralized marketplace should equal a higher valuation, even though neither feature is fully released yet.

Then I check this thread out and remember why Cloak is priced where it is. All of these fud wars, all of this juvenile behavior, red flags all around... basically helps kill the price of their own coin. I actually learn more in this thread about other coins than I do Cloak.

Since I seemed to have forgotten my reddit password, I'll just make comments here for folks.

One thing to keep in mind is both the price of new features and timeframe. This was sort of discussed in the Apex coin thread when they were doing their poll -- and before they sort of fell apart with broken TOR and did the fake takeover, price manipulation stuff.

It's not always a great idea to put up the best and fanciest idea in a poll, as people will naturally gravitate to it -- unless costs and timeframe are also mentioned. Decentralized marketplace! Great! It'll take all the funds and won't be ready until 4-6 months from now. Not so great. I'm sure you see what I mean... sometimes quicker, cheaper projects are a better idea than fancier ones.

Nah, it made sense for the dev to be silent. Personally I think he went a bit overboard and shouldn't have driven the price down into ground as much as he did, and the takeover stuff was going somewhat overboard. But price goes low, coins got gobbled up, dev miraculously returns with new wallet. Makes perfect sense.

So long as discussions on new features take place here, I suppose it'd be fine. Just that it may be weird to have people talking and voting about what to add to the coin in one place... while people may be saying different things here.

Why use reddit instead of simply here for project suggestions? I never use reddit, for starters... not sure if everyone here does.