So I just read on BBC NEWS...

[digit]

About a new alt called bitwalking or something, where its an app that logs your walking and rewards you with bitwalking coins.  anybody else heard of it ?  they apparently got 10million in funding.  pretty crazy

Already been done, it called mangocoinz
https://bitcointalk.org/index.php?topic=902788.0
mangocoinz.com

[Lenore]

Sounds like a weird app.   I'll make a dog collar for my dog and let his run the fields nearby.

[Koamder]

There are too many ways to earn the coins without actual working. The system can be abused. It is not very encouraging.

[Rude Boy]

About a new alt called bitwalking or something, where its an app that logs your walking and rewards you with bitwalking coins.  anybody else heard of it ?  they apparently got 10million in funding.  pretty crazy

Yup! Me too heard about BW (Bitwalking) here ► http://www.crazyengineers.com/threads/generate-money-by-walking-with-the-help-of-bitwalking.85481/ When i read this article for first time, i thought it was bitcoin 

[fr4nkthetank]

Bitwalking hasn't officially released the algorithm used to verify steps but says it uses the handsets' GPS position and wi-fi connections to calculate the distance travelled.

So you're letting some company track you all the time for pennies. I guess we're in a race to the bottom of the worth of privacy, with the dumbest of us out in front.

yeah thats a good point

[MisO69]

This is epic! an alt coin on BBC with corporate funding!! This could do a lot to attract more people to alt coins.

[fr4nkthetank]

This is epic! an alt coin on BBC with corporate funding!! This could do a lot to attract more people to alt coins.

exactly what i"m thinking !  and what will these people cash out their coins to ?  bitcoin probably !

[ilovealtcoins]

It's genius!
.
.
.

Except for the fact that anyone with half a brain can exploit the fuck outta this coin. Even if they have safeguards. Although integration with fitbit would be cool.

[MisO69]

This is epic! an alt coin on BBC with corporate funding!! This could do a lot to attract more people to alt coins.

exactly what i"m thinking !  and what will these people cash out their coins to ?  bitcoin probably !

Lets hope it catches on and other companies start making their own altcoins.

[ilovealtcoins]

This is epic! an alt coin on BBC with corporate funding!! This could do a lot to attract more people to alt coins.

exactly what i"m thinking !  and what will these people cash out their coins to ?  bitcoin probably !

Lets hope it catches on and other companies start making their own altcoins.

Not a good idea. If companies started making their own coins they would be too centralized. Plus Bitcoins value would probably drop significantly.

[USB-S]

This is epic! an alt coin on BBC with corporate funding!! This could do a lot to attract more people to alt coins.

exactly what i"m thinking !  and what will these people cash out their coins to ?  bitcoin probably !

Lets hope it catches on and other companies start making their own altcoins.

Not a good idea. If companies started making their own coins they would be too centralized. Plus Bitcoins value would probably drop significantly.

they wanted wristbands and footwear to be implemented. However I don't think the coin will ever ROI when you have to buy extra shit just to earn it.

[ilovealtcoins]

This is epic! an alt coin on BBC with corporate funding!! This could do a lot to attract more people to alt coins.

exactly what i"m thinking !  and what will these people cash out their coins to ?  bitcoin probably !

Lets hope it catches on and other companies start making their own altcoins.

Not a good idea. If companies started making their own coins they would be too centralized. Plus Bitcoins value would probably drop significantly.

they wanted wristbands and footwear to be implemented. However I don't think the coin will ever ROI when you have to buy extra shit just to earn it.

That's true. I would just implement it into already avaliable products.

[sulfurtank]

Sounds like a weird app.   I'll make a dog collar for my dog and let his run the fields nearby.

This broke my heart. My dog heard the howl, jumped on my bed, and cuddled me. We finished watching together.

[ffmad]

It's a mangocoinz rebrand or a copycat ?