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MadMac
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December 22, 2017, 03:15:21 AM |
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Look up micro financing. It's particularly interesting for developing countries where many people don't have bank accounts, but a smart phone.
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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zincra
Sr. Member
 Offline
Activity: 343
Merit: 304
You arent Insane yet, get Insane to go Insane!
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December 22, 2017, 03:29:43 AM |
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Look up micro financing. It's particularly interesting for developing countries where many people don't have bank accounts, but a smart phone.
Like peer to peer lending |
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Autumn
Member
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Activity: 101
Merit: 10
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December 22, 2017, 03:40:59 AM |
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which pool is working and stable?!
Install the IFLT wallet on your computer, download the blockchain, encrypt the wallet. Then you buy a couple of million IFLTs and send them to your wallet. Unlock it for POS and there you go. Staking will start 24h after the coins are mature. So more you have so more and faster you can stake. POS reward ratio is what? How often is the reward distribution cycle? |
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MadMac
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December 22, 2017, 06:14:07 AM |
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Like peer to peer lending
Could be one application, yes. |
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akamy789
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December 22, 2017, 06:21:09 AM |
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Look up micro financing. It's particularly interesting for developing countries where many people don't have bank accounts, but a smart phone.
What is micropaymants? Is it a small amount of financing? Who are the beneficiaries? |
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MadMac
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December 22, 2017, 08:13:04 AM |
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Look up micro financing. It's particularly interesting for developing countries where many people don't have bank accounts, but a smart phone.
What is micropaymants? Is it a small amount of financing? Who are the beneficiaries? Google is your friend  |
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kiddo
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December 22, 2017, 09:09:45 AM |
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which pool is working and stable?!
Install the IFLT wallet on your computer, download the blockchain, encrypt the wallet. Then you buy a couple of million IFLTs and send them to your wallet. Unlock it for POS and there you go. Staking will start 24h after the coins are mature. So more you have so more and faster you can stake. POS reward ratio is what? How often is the reward distribution cycle? The PoS ratio is 80% per year. |
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MadMac
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December 22, 2017, 02:23:03 PM |
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I'd be happy to discuss some opportunities, implications and possibilities related to micro financing, but not here. I don't know what the background is, who is developer, who is doing what, if, for IFLT. But yeah. We could talk. I'm invested enough to run a masternode which I would not do either way. So let's talk future.
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legion_miracle
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December 22, 2017, 08:23:47 PM |
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I see 2 camps here. One that want to maximize their profit, thus burn coins, reduce supply and make masternodes to get higher stakes. Not good! And the other one that looks into practical applicability of the coin. I see myself in the second camp. I'm happy to see a huge amount of tiny coins floating around. I said already that micro financing would be a great application and IFLT would be right sized for just that. Not too few coins that would be too expensive (forget about satoshis, count full numbers) and not too many that look inflationary for that purpose (like IOTA would be, but they have another target).
So, again, I think we need to discuss strategy here, not marketing, technicalities or short term rubbish. Rebranding would be an important part, if the strategy is decided. And I would like to see it going into micro payment direction. And we have an Android wallet for this already, of course it would need major rework, but the basics are there already.
I agree with your opening statement. Although I did mention masternodes I too would lean more to camp 2. I do feel that masternodes are a good way to secure coin longevity but at 80% that would put this coin into an inflationary stage that there are just way to many coins. However, if masternodes could be implemented alongside of something like you have stated here such as micro financing, we could preserve longevity while creating a viable use-case for IFLT. I like the way you think, and look forward to reading more of your ideas. |
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MadMac
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December 24, 2017, 05:28:33 AM |
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I don't think masternodes are necessary. There is sufficient support in the network for IFLT. I have ~6...8 connections all the time, so we don't really need masternodes. Should focus on application, that becomes more and more key, not value, not community, not bubbles. Practical application, and the rest will fall in place.
Mobile wallet maybe a driver here. People need to start using coins. Like that Pizza for 100000 BTC some years back.
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rolanvien
Newbie
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Activity: 21
Merit: 0
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December 24, 2017, 07:06:13 AM |
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I do not understand. Total supply is 10 billion, but coimaketcap announced over 34 billion?
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zincra
Sr. Member
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Activity: 343
Merit: 304
You arent Insane yet, get Insane to go Insane!
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December 24, 2017, 07:11:32 AM |
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I do not understand. Total supply is 10 billion, but coimaketcap announced over 34 billion?
10 billion is not max supply, it was set by last developer |
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MadMac
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December 24, 2017, 10:09:07 AM |
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What does it matter? So more so better. You folks need to understand the dynamics. And I don't know if Darkstar is aware of it. Could need a bit more of transparency in terms of development and people involved.
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zincra
Sr. Member
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Activity: 343
Merit: 304
You arent Insane yet, get Insane to go Insane!
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December 24, 2017, 05:02:10 PM
Last edit: December 24, 2017, 05:53:17 PM by zincra |
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What does it matter? So more so better. You folks need to understand the dynamics. And I don't know if Darkstar is aware of it. Could need a bit more of transparency in terms of development and people involved.
Transparency is always good, but actually not neccesary. Ihave worked on project managements where is almost 0 communication, but still admims will work for they plans. Yea Forum is always place to whine and there is always alot of people who are discontent. But what does is matter |
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MadMac
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December 25, 2017, 06:45:06 AM |
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We will probably sit here in a year from now now argue the same things . IFLT wont die, wont make us rich, but hey, we have been Millionaires |
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kabarbogor
Newbie
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Activity: 75
Merit: 0
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December 27, 2017, 12:23:41 AM |
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We will probably sit here in a year from now now argue the same things . IFLT wont die, wont make us rich, but hey, we have been Millionaires lovely iflt coin. 2018 will BOOMMMMM |
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the.vlado
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December 27, 2017, 12:54:15 AM |
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We will probably sit here in a year from now now argue the same things . IFLT wont die, wont make us rich, but hey, we have been Millionaires Haha, agree! Speaking about future updates and wallets. IFLT have really stable wallet. I am staking IFLT for few months. Never had problem with IFLT wallet. Have only one remark. Transaction limit of 100M should be removed, since value of the coin is very low. |
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MadMac
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December 27, 2017, 09:16:55 AM |
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Yeah, same here, on the way to become billionaires.
I lost a few millions, or so I think, that went not through due to the 100m limit. Spilt is since then, keep it below 100m and let it stake.
I love the huge supply, wrote that before, but application is still missing.
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YaYMiner
Member
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Activity: 80
Merit: 10
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December 30, 2017, 07:39:40 AM |
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I myself have been a huge supporter of inflationcoin. Great payouts, stable wallet, the dev is still active. I've been staking inflationcoin for only 4 months and seen my balance just rise, rise, rise and now i finally see movement on some markets. Once the dev makes some updates this coin will fly. I just have a good feeling about it |
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