MobileCash, First PoCh coin (Proof of Charity)

[jk_14]

[out-of-date]

[1714923557]

1714923557

[1714923557]

1714923557

[jk_14]

it seems I have found what I was looking for...

[jk_14]

I feel obligated to inform you that for testing purpose I want to withdraw some small amount from the address:
https://www.blockexperts.com/mbl/address/MVrZmhS2vHh55vLmSmkDTabQGC7738yQxW

So, please don't panic

There are several millions of MBL in circulation already, so potential demand can be well balanced by the supply.
We are close to the second phase.

[crackfoo]

CEX just announced this is set for delisting. :\

[jk_14]

CEX just announced this is set for delisting. :\

it looks like CEX helps to buy MBL inexpensively...
I should complete last missing parts next week and start the Second Phase, as I wrote above.

[jk_14]

I should complete last missing parts next week and start the Second Phase, as I wrote above.

for avoiding ninja launch: next phase will start at 22:00 UTC, http://time.is/UTC
(but I'm still not sure which day...)

[jk_14]

for avoiding ninja launch: next phase will start at 22:00 UTC, http://time.is/UTC
(but I'm still not sure which day...)

P.S. even today is now possible...

[jwinterm]

[jk_14]

it looks like you are my most faithful fan, jwinterm  

[jk_14]

it looks like you are my most faithful fan, jwinterm  

P.S. so, wait for 22:00 UTC - I will do my best to make it today, especially for you

[jk_14]

http://www.mbl.cash/

First person: special reward 100k MBL (condition: he/she will disclose his/her bitcointalk nick)
100 next persons: 10k MBL
1000 next persons: 1k MBL
then will go Formula

I hope some day 1 MBL will be @ 1usd...
Spread the word - let your friends get free MobileCash!

[jk_14]

http://www.mbl.cash/

First person: special reward 100k MBL (condition: he/she will disclose his/her bitcointalk nick)
100 next persons: 10k MBL
1000 next persons: 1k MBL
then will go Formula

I hope some day 1 MBL will be @ 1usd...
Spread the word - let your friends get free MobileCash!

We are now on Google Play

MobileCash covers 3.5 bln people, and they only need smartphone and one SMS to immediately have their first MobileCash in the mobile phone.

[jk_14]

http://www.mbl.cash/

First person: special reward 100k MBL (condition: he/she will disclose his/her bitcointalk nick)
100 next persons: 10k MBL
1000 next persons: 1k MBL
then will go Formula

I hope some day 1 MBL will be @ 1usd...
Spread the word - let your friends get free MobileCash!

We are now on Google Play

MobileCash covers 3.5 bln people, and they only need smartphone and one SMS to immediately have their first MobileCash in the mobile phone.

It seems we have the winner of 100k MBL - what is 6$ reward just now for sending one plain SMS, but probably will be much more in near future. More info about the winner later.

Countries currently covered are:
China, India, US, Indonesia, Germany, France, UK, South Africa, South Korea, Spain, Poland, Canada, Malaysia, Chile, Hong Kong - 3.667 billions people.

http://www.mbl.cash/coverage.html

[jk_14]

It seems we have the winner of 100k MBL - what is 6$ reward just now for sending one plain SMS, but probably will be much more in near future. More info about the winner later.

Countries currently covered are:
China, India, US, Indonesia, Germany, France, UK, South Africa, South Korea, Spain, Poland, Canada, Malaysia, Chile, Hong Kong - 3.667 billions people.

http://www.mbl.cash/coverage.html

We are still giving 10k MBL giveaways (most active now are US and Indonesia )

The user experience is very welcome now!
(delay is probably below 1-2 seconds, very fast execution)

[jk_14]

We are still giving 10k MBL giveaways (most active now are US and Indonesia )

The user experience is very welcome now!
(delay is probably below 1-2 seconds, very fast execution)

indian number requires some investigation
http://www.mbl.cash/status.html

[jk_14]

Now is a good time to explain the whole idea...

About a year ago I realized that the biggest beneficiary of the mining of coins is the energy industry, which is the true seller of coins, and miner only indicates which type of coins wants to be delivered (pointing that in configuration files of cgminer/ccminer). In conditions of low profitability often happens that the miner receives coins worth as much as the energy, which was consumed during their production - so in fact he buy coins from power supplier.

On the other hand, the energy industry as biggest beneficiary - and no single way promotes the idea cryptocurrency...

I figured that I could try to replace/swap power supplier for mobile network operators. They have a mechanism Short Message Service, which is well suited for "mining". Additionally, there is a Premium SMS, where mobile operator shares a portion of profits. In the old situation, it would mean that the energy supplier shares a portion of profits from mining. That was the reason of this my "strange" post:

https://www.reddit.com/r/vertcoin/comments/37p6je/one_more_stupid_question/

So this big premine in MobileCash - is necessary for not giving profits to an entity which does not contribute, but rather give profits to an entity, which does not take the whole profit for themselves. And this way it would de facto support the development of such coin.

First halving of Bitcoin occurred at levels below $ 20-30. We can simply assume that half of bitcoins was distributed almost for free, compared with today's level of $ 400:

http://bitcoincharts.com/charts/bitstampUSD#rg730zigWeeklyzczsg2010-11-16zeg2013-11-15ztgSzm1g10zm2g25

Therefore, to repeat this mechanism - half of Mobilecash will be distributed for free. Our goal is to have broad distribution in some reasonable time. It would be great to have the same 1-5 millions Android downloads. So average giveaway should be less than 1000 MBL.

The second half of MobileCash should be sold by some business entity (in best case, e.g.: Orange, T-Mobile, Vodafone) - so in similar way like power suppliers are "selling" coins nowadays. But with huge difference - some part of the profit will return back and support the promotion and development of coin.
Potential "Premium SMS mining" has some nice feature - is able to remove this drawback of bitcoin described here:

"How can we ever hope to get greater consumer adoption for bitcoin when many users’ first experience is the loss of £25 for an international bank transfer or a 3% credit card fee for the pleasure of acquiring their first bitcoin. It’s self-defeating and means only diehards and those keen on experimentation will make the leap from fiat to crypto currency."
http://www.coindesk.com/what-2016-holds-for-bitcoin-businesses/

Just one Premium SMS for buying coins instead of this hassle above.


I hope that explains better the matter.

[jk_14]

Indian number is OK now (but probably will require more work yet...)

I always could set giveaway for 10 million MBL, wait for 50 or 100 peoples - and the "problem" of premine would be quickly solved,
but that is not the solution we all expect I'm affraid, i.e. yet another closed group gathered around yet another unknown coin, without any advantage against plenty of others.

The price of bitcoin goes mainly from its popularity.
So I think we could expect even 1$ / MBL level if the number of Android downloads would be similar to bitcoin Android wallet (i.e. 1-5 millions). That is low level work that I'm not able to do myself, so I ask you about it. I'm only able to prepare tools, where your friends can quickly install Android wallet, but also immediately get their first coins for free/SMS - that is something, what is not possible in bitcoin, but it's really cool - to receive such gift within 1-2 seconds and starts to play with money transfers.

And then, as you are experienced user with access to exchanges (now c-cex)
 - when you want to settle small amounts with colleagues, without intermediary of bank - you can/should iniect MobileCash to the system. Additionally, as we expect the growth of price - your non-crypto friends will see growth the value of their wallets, what is additional incentive for them to use, and even propagate idea further, by themself. That will increase value of coins, also these you own.


I have some movie yet, prepared some time ago (but you will see - that is only draft).

https://www.youtube.com/watch?v=wRu0tGPzjKA

If it is not the killer application for cryptocurrency, I really do not know what it could be...
So the success of MobileCash now depends on our common work for wider idea propagation.

[Kotone]

Anyone profit here?
I looked at ccex and i think its dead, and CCEX will delist this coin

[jk_14]

Anyone profit here?
I looked at ccex and i think its dead, and CCEX will delist this coin

Hi,
quite opposite - every from 3 billions of people can immediately get 10k MBL bounty now in cost of one national SMS (e.g from free SMS package)
just install the wallet from Google Play

every time you show your friends how to get the MBL gift - you will see that it is not my, but it is our resource of MBL, from which you just donated your friend

with current knowledge - would you recommend your friends 6 years ago to get, let say 10 btc - for one national SMS?
investment unnoticable or even costless, and profit depends strictly on our common work under wider propagation of idea

[jk_14]

btw: you can trace the giveaway engine here:
https://www.blockexperts.com/mbl/address/MPqsYr5Ew1RA1ZLnkWcYMB1TRVq6Nu8zQP