racer2012
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May 21, 2015, 12:15:09 PM |
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So burning coin will reduce total supply?? And what is the benefit of burning??
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Kuriko
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May 21, 2015, 12:24:07 PM |
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So burning coin will reduce total supply?? And what is the benefit of burning??
Less coins with more and more support brings more value eventually. I see this concept as a revenue sharing concept , this is probably the only crypto who's able to bring fresh money into the market.
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madape
Member
Offline
Activity: 84
Merit: 10
VIRAL - The Official Cryptocurrency of the Moon
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May 21, 2015, 12:30:38 PM |
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So burning coin will reduce total supply?? And what is the benefit of burning??
Genius move really. Exchange BTC for VIRAL and burn the VIRAL in the C-CEX burner address. It will take ever increasing amounts of BTC to buy and burn ever decreasing amounts of VIRAL. Perpetual moonshot.
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techbytes
Legendary
Offline
Activity: 1694
Merit: 1054
Point. Click. Blockchain
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May 21, 2015, 01:10:08 PM |
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What a sluggish coin to trade. That's because you are doing it wrong. Accumulate, accumulate, accumulate... -tb-
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sexystick
Member
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Activity: 60
Merit: 10
Bitcoin & Litecoin Accepted Here
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May 21, 2015, 01:13:37 PM |
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Adam just took 3 btc from an advertiser and used every penny to immediately buy coins from the sell wall and burn them. Imagine what will happen when Adam sells his first "exclusive" package for 30 btc ( https://bitcointalk.org/index.php?topic=1065194)!!!!! When that happens there will be a 30 bitcoin flash buy from the sell wall and all coins will be burned! Do you realize how dramatic that will be and it's only a matter of time before it happens! I understand the economics of winning. And pulling in max buck for the bang (see what i did there?) Disclaimer: I own VIRAL Question: Why start so high on the Viral marketing campaigns? 3btc for early bird? I know we have 50k+ real followers, but even on Fiverr with a 250k twitter blast for $5 that is still reaching about the same amount of 'real followers' too. That's a huge price difference $700 vs $5 Why not start small, get everyone using it to beta test it. Work the bugs out, SECURE MORE REAL FOLLOWERS (ie: happy users of the service) and then work up to the $700 advertising fee?
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madape
Member
Offline
Activity: 84
Merit: 10
VIRAL - The Official Cryptocurrency of the Moon
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May 21, 2015, 02:00:00 PM |
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Hey DEV I think that you need to get that block explorer customized so the burned coins can be toggled on or off the list. Also the data for market cap and available supply (exclusive of burned coins) needs to be fixed to properly appear on sites such as http://coinmarketcap.com. http://coinmarketcap.com/currencies/viral/ is wonky right now.
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drizzle2405
Legendary
Offline
Activity: 1148
Merit: 1000
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May 21, 2015, 02:39:02 PM |
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Going along real good for being about 3 weeks old!!! Wow!!!
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superlegitaccount
Member
Offline
Activity: 78
Merit: 10
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May 21, 2015, 02:55:21 PM |
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Didn't get in on time on this one, but it does seem like it's moving forward nicely. Will place a lowball bid, hopefully it gets filled, if not I won't lose any sleep.
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madape
Member
Offline
Activity: 84
Merit: 10
VIRAL - The Official Cryptocurrency of the Moon
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May 21, 2015, 04:00:32 PM |
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staking rewards now 15 VIRAL per block.
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chesthing
Legendary
Offline
Activity: 1414
Merit: 1000
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May 21, 2015, 04:22:40 PM |
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What a sluggish coin to trade. If there wasn't 30 btc sells to 20k that would help. This is a long term hold, those looking for a quick buck should probably look elsewhere.
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Equalizer1970
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May 21, 2015, 05:28:28 PM |
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I wonder if we have any more advertising contracts about to close?
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bitcoinmax88
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May 21, 2015, 05:41:24 PM |
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He is not the first sponsor, we have not even had the chance to discuss sponsorship with him yet. There is a healthy interest in the VIRAL network and it is being handled in the order of first come first serve right now.
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VIRAL is my vision - MY Vision is VIRAL - My Twitter is @AdamGuerbuezPROMOTE YOUR COIN OR SERVICE ON VIRAL AND HAVE THE WHOLE CRYPTO COMMUNITY Talking about it! Go to http://www.GetViralCoin.com/sponsors/
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Sumo
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May 21, 2015, 05:45:12 PM |
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Im surprised so many people have sold already. They are going to regret that soon. I lost 1000 coins trying to swing trade. Not doing that anymore lol
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favdesu
Legendary
Offline
Activity: 1764
Merit: 1000
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May 21, 2015, 06:20:02 PM |
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for my understanding:
I got a twitter account connected. if ads run through it, I will be awarded with VIRAL? make sense?
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Piston Honda
Legendary
Offline
Activity: 2730
Merit: 1068
Juicin' crypto
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May 21, 2015, 06:23:43 PM |
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Im surprised so many people have sold already. They are going to regret that soon. I lost 1000 coins trying to swing trade. Not doing that anymore lol
Do I hear $1/usd per VIRAL minimum?! Do I hear $2....?!
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$ADK ~ watch & learn...
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stormia
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May 21, 2015, 06:25:46 PM |
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for my understanding:
I got a twitter account connected. if ads run through it, I will be awarded with VIRAL? make sense?
From the OP: "In addition, a staking reward is issued once every week to each member based on the metrics of their actual social weight and reach in campaign participation during the week. For users with a solid social network, this staking reward will be quite substantial."
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stormia
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May 21, 2015, 06:26:53 PM |
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Im surprised so many people have sold already. They are going to regret that soon. I lost 1000 coins trying to swing trade. Not doing that anymore lol
I had some luck swing trading when it kept bouncing between 9000 and 12000. But I'm not going to test my luck any longer, I think a breakout is eminent.
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favdesu
Legendary
Offline
Activity: 1764
Merit: 1000
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May 21, 2015, 06:31:36 PM |
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for my understanding:
I got a twitter account connected. if ads run through it, I will be awarded with VIRAL? make sense?
From the OP: "In addition, a staking reward is issued once every week to each member based on the metrics of their actual social weight and reach in campaign participation during the week. For users with a solid social network, this staking reward will be quite substantial." that means I have to HODL VIRAL in order to get a higher staking rate?
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stormia
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May 21, 2015, 06:38:25 PM |
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for my understanding:
I got a twitter account connected. if ads run through it, I will be awarded with VIRAL? make sense?
From the OP: "In addition, a staking reward is issued once every week to each member based on the metrics of their actual social weight and reach in campaign participation during the week. For users with a solid social network, this staking reward will be quite substantial." that means I have to HODL VIRAL in order to get a higher staking rate? I'm not entirely sure. Normal PoS staking is based on how much Viral you hold, but I think this is based on your twitter specs.
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