fAirCoin

[featherman]

fAirCoin
6 Blocks a day
Blocks payout for 2 years (max 4380 blocks)
Block payout is always 23 coins
Thats a total of 100740 coins
I will back the currency with my own, and offer to buy 10 coins for £1 you can still sell it higher, but I will always sell 10 coins for £1.01
I will accept bank transfer, credit card
I will pay using paypal or bank transfer
The coin will be mineable using existing scrypt
I will host an online wallet & Static (@ 1.01GBP) currency exchange AIR > GBP
I encourage people to trade the coins for ecig related products.
The currency already has a value exceeding £10,000
Thoughts on this kind of startup?

[laptopfreek0]

Interesting Idea for self backing it, but sadly 6 Blocks a day just wont cut it. You don't want a coin that takes 1 day to transfer from one person to another. Consider increasing your blocks per day, and decreasing the amount of coin it gives.

[TheSwede75]

Consider not being a less than 50 post JR user and launching another shitcoin.

[schnebi]

Consider not being a less than 50 post JR user and launching another shitcoin.

But the idea sounds interesting

[featherman]

I like the idea of fairness, not dragging out the reward, and the idea of reinforcing a more stable value worth much more than turd.

[Hydroponica]

You need blocks, to have confirmations. No confirmations, no transactions. No transactions, coin becomes untradable