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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [UNO] Unobtanium Info & Discussion - Current wallet 0.9.5
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on: February 13, 2015, 03:40:47 PM
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What if it goes to 100 and everyone sells off of course the price will crash down again. It really doesnt make sense for people to hold all their UNO when its worth 100000. Wouldn't people want to spend that? Therefore when all the whales decide to sell the price will go crashing and burning down to 1 again?
It'll go to 60$ first and people will sell it back down to 40$ before it goes to 87$ and is sold back to 68$ before actually reaching 107$ and being sold back down to 87$ before going to 154$ and so on ... ahhh yes i see i see.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VTR] vTorrent - Share with freedom | Bittrex | C-CEX | EmpoEX
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on: February 13, 2015, 03:02:57 PM
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So the only way to get VTR (besides faucet or giveaway) is to buy it?
Do you have any idea of what each VTR would be worth in terms of bandwidth, or is this something that would change over time? Would the reward for lesser seeded torrents be higher?
Good question..and why would people want to go from paying NOTHING when downloading a torrent to PAYING?? what advantages are there of using Vtorrent and paying in VTR than just using good ol torrent for FREE?. As I said earlier there are many torrent networks that are closed (you can do your own research on the matter); especially for files which have less demand, they can easily die out from a lack of seeding. There are also some files on popular websites which die off because of a lack of seeders. The other factor is that until now all torrent websites have been centralized--they come and go over time. The idea of this (if I understand it right) is to have a decentralized database of magnet links. This is pretty much going to turn what bittorrent currently is into something more like Kazaa (i.e. easy to use for anyone). I think the wallet download should include some free funds or there should be a way that anyone from anywhere can start using the program without having to invest first; this would remove a huge barrier of entry. If vtorrent will ever work it would need the following elements to be succesful in my opinion: - reward for offering content, not the downloaders pay, but the system. Maybe initially use the 6% premine for that, or make some kind of masternodes to handle the payments. - a good system not only consisting of a decentralized database of magnet links (which in my opinion is not the key to success), but also consisting of a good way to read and search in that decentralized database (datamining) without needing to access a website that could go offline anytime. - a developer that is open about what is happening in development and attracts other good and skilled developers to participate in a joined effort. - open source code. Closed source will not work because nobody will trust the code. We are talking about wallets here and an anonymous developer. Thank you for your input. Spot on. I really believe as a team we can get this Project going. I really do believe in my gut this is the direction Torrents should be going.
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185
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][OCUPY] OCUPY | Pow+Pos | 3.7M Coins | ***Bounties Available***
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on: February 13, 2015, 02:59:10 PM
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Ok guys due to the events unrolling throughout the world, i believe we are apart of something very powerful and very special. Take a look at what is going on in Greece. We need to figure out how to get the word out to Athens. I am willing to start travelling around the world to these places, (i will start a youtube channel to prove it) and i will start promoting Ocupy directly on the ground. I would just need donations / funding from the Ocupy community. The expenses would be used to travel to these places and get the word out to others on the ground in Greece and other oppressed areas around Europe. Let me know what you guys think about this? I think we need to take aggressive action. Move with full force. Look at what is happening around the world. Its sad how so many people dont understand this technology....yet.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VTR] vTorrent - Share with freedom | Bittrex | C-CEX | EmpoEX
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on: February 11, 2015, 04:08:29 PM
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one question
1. Lets say this works out....everyone is seeding / uploading..how will people being awarded the VTR for uploading/seeding be able to cash out/exchange the VTR for BTC or fiat ? why would anyone want to BUY VTR ? ....what would be the point? People are just going to be stuck with mass amounts of VTR with no one to sell on the exchanges to
Current model is as follow, seeding and uploading will NOT generate new coin. Sharer will be awarded directly from other user by sending (paying) them to download the content of the torrent they've uploaded or currently seeding, as a result, they should be able to cash out/exchange the VTR for BTC or fiat from the users that need to download the content providing by the sharer. I hope this should clear up your confusion, we are always open to new ideas, and constructive criticism are always welcome. Thank you for your support. So the only way to get VTR (besides faucet or giveaway) is to buy it? Do you have any idea of what each VTR would be worth in terms of bandwidth, or is this something that would change over time? Would the reward for lesser seeded torrents be higher? Good question..and why would people want to go from paying NOTHING when downloading a torrent to PAYING?? what advantages are there of using Vtorrent and paying in VTR than just using good ol torrent for FREE?.
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196
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][VTR] vTorrent - Share with freedom | Bittrex | C-CEX | EmpoEX
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on: February 11, 2015, 02:31:45 PM
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one question
1. Lets say this works out....everyone is seeding / uploading..how will people being awarded the VTR for uploading/seeding be able to cash out/exchange the VTR for BTC or fiat ? why would anyone want to BUY VTR ? ....what would be the point? People are just going to be stuck with mass amounts of VTR with no one to sell on the exchanges to
Current model is as follow, seeding and uploading will NOT generate new coin. Sharer will be awarded directly from other user by sending (paying) them to download the content of the torrent they've uploaded or currently seeding, as a result, they should be able to cash out/exchange the VTR for BTC or fiat from the users that need to download the content providing by the sharer. I hope this should clear up your confusion, we are always open to new ideas, and constructive criticism are always welcome. Thank you for your support. I see...and why would people want to go from paying NOTHING when downloading a torrent to PAYING?? what advantages are there of using Vtorrent and paying in VTR than just using good ol torrent for FREE?.
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