[ANN] GCoin release

[Fixx]

Where to get the wallet for GCoin?
Pool address?
Get in line among the first, I want to be a millionaire though any coins.

[1714517473]

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[1714517473]

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[1714517473]

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[1714517473]

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[1714517473]

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[monokaskade]

Where to get the wallet for GCoin?
Pool address?
Get in line among the first, I want to be a millionaire though any coins.

lol same here

[serge79]

Where to get the wallet for GCoin?
Pool address?
Get in line among the first, I want to be a millionaire though any coins.

Did you order the scanner yet?

[Sou]

"Officer, that black guy stole my coins"
 

[pythons]

http://www.pinballrebel.com/game/pins/ij2/shop/Eyeball_files/MovieStill.jpg

mr snipes would like this coin, he's into not paying taxes

[spoid]

so everyone is fucking all right with $5000 scanners?
suspicious-fry-face.jpg

[farlack]

You know, this would actually be kind of cool if maybe you used a fingerprint scanner (which I suspect is a hell of a lot cheaper than this vaporware retina scanner).

...

P.S Can I buy the retina scanner with Junkcoin? I'll give you 0.000001.

Yeah but we figured the retina scanner would be safer in the long run, who knows someone might have a high def camera an a hacker can pull the finger prints off the video, so there is no way possible for this near impossible, but still possible scenario to ever happen.

[spoid]

so is there some blockchain magic happening, or why won't somebody simply hack the software at some point to allow scanner-less transactions?

[farlack]

so is there some blockchain magic happening, or why won't somebody simply hack the software at some point to allow scanner-less transactions?

It will be open source, anyone can change the code, but we all have to be using the same source.


We have a system built in to call your cell phone, every time you send coin, but this is a subscription based service, $2 for the first 200 phone calls, (automated) and $5 for 1000 total. This is of course optional, we make no profits off this, and we will show the logs to prove it, that's just what we pay in fees.

We also have a feature set up to designate the origin country upon download, so if you're in the United States, and someone manages to bypass the securities, the cyber department of say Russia will automatically be notified if the coin were sent to a Russian wallet.

Everything will still be anonymous though.

[spoid]

so I can still send them with that subscription without buying a $5000 machine? you might wanna add this to the first post.

[rouf553]

Is it possible to start solo mining from the first minute of release with my 750 Kh/s?

[farlack]

so I can still send them with that subscription without buying a $5000 machine? you might wanna add this to the first post.

No you still need the machine, the phone call is your 2 factor, you scan your eye, then you get a phone call.

This way if someone ever managed to figure out how to bypass the scan, you still have to get a phone call.


Without getting into to much detail, the phone call is on a secure line, and anonymous. Think of having skype phone numbers, but unlimited, untraceable, you wont ever be able to call the number back, and your number isn't ever saved on servers past the purpose of calling, its pulled from your computer.

[farlack]

so I can still send them with that subscription without buying a $5000 machine? you might wanna add this to the first post.

No you still need the machine, the phone call is your 2 factor, you scan your eye, then you get a phone call.

This way if someone ever managed to figure out how to bypass the scan, you still have to get a phone call.


Without getting into to much detail, the phone call is on a secure line, and anonymous. Think of having skype phone numbers, but unlimited, untraceable, you wont ever be able to call the number back, and your number isn't ever saved on servers past the purpose of calling, its pulled from your computer.

Is it possible to start solo mining from the first minute of release with my 750 Kh/s?

Yes, but we actually have a anti-premine, orphans etc issue that every other coin is going through.

Everyone will have a fair opportunity to mine, for the first 48 hours, the blocks will be mined based on an average system.

If there are only 2 miners, and 1 is mining at 2 kh/s and the second at 50 kh/s - the second wont be able to mine more than 26 kh/s.  With the masses, I think it will be closer, there wont be that huge of a gap 3 people 2,2,50 the guy with 50 wont mine more than 18 kh/s.. This will expire after approximately 48 hours.

This is so all the small fishies can jump in and not be beat by guys who have $30,000 worth of mining equipment.

[hardup]

" The main advantage is the need of a retina scanner to send coin. We will be selling these for $5000 each. Limit available 150 million, first come, first serve."

      Your joking right...?

[spoid]

well everything except the number 5000 looks great.

also, is there a way for CPU miners to split their hashing "power" up on lots of connections/clients somehow? if so, I suppose they would try that to keep that average ridiculously low.

[farlack]

" The main advantage is the need of a retina scanner to send coin. We will be selling these for $5000 each. Limit available 150 million, first come, first serve."

      Your joking right...?

No.

I think I should have added that the retina scanners will be available for purchase using Gcoin. Miners will be able to obtain their scanners pretty fast.

[spoid]

So the $5000 represent US-Dollars and the amount of Gcoins for it will be displayed as soon as a speculative value for Gcoin arises? Or did you actually mean 5000 Gcoins?

[Petr1fied]

I'm pretty sure this entire thread is a joke. Much like the tar and feather coin. 

[farlack]

So the $5000 represent US-Dollars and the amount of Gcoins for it will be displayed as soon as a speculative value for Gcoin arises? Or did you actually mean 5000 Gcoins?

Both, if you want to pay cash you pay $5000 cash,(I thought went up to more but was a false call) if you want to pay in Gcoin, speculative value. I only found out about the plans for the Gcoin acceptance, and its going to push the launch date back so it can be re-worked to allow a single transaction out to allow this to happen.

Due to the features involved here, this coin should have no issues being picked up, and depending on speculative value, the 'trade' value of Gcoin to the retina scanner will be between $1.50-$2.50 each. Or 2500 coin for the scanner.

The extra tab between speculative value, and trade value will be picked up by investors, who in turn will be launching a Gcoin exchange using profit from trade fees to pick up the tab.


The long run benefit, the more retina scanners we sell (at no profit all logs will be shown), the cheaper they will be later on. All early buyers of fiat will be reimbursed the difference with proof of purchase (receipt) meaning if tomorrow they sell for $5000, and next week, they're $4000, the difference will be reimbursed in Gcoin, paid using the exchange fees.

[skull88]

lol@some replies