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Author Topic: What will happen to your favorite alt-coin?  (Read 17034 times)
ANiceJewishBoy
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October 29, 2013, 10:16:56 PM
 #1

The Future of Funding & Promotions: Micro-Currency (company/charity/group based alt coins)
http://www.youtube.com/watch?v=RnJSbFu3xhM

Intro:Anyone that is new to the altcoin world, I just want to let you know that there are literally HUNDREDS of altcoins and they are all essentially just copies of Bitcoin. Not many are like this, with new structures that allow for growth outside of mining (which is a techy term for producing coins) and trade. Creating an economy outside of mining, sales and forex is unheard of outside of these new coins. Your company could be one of the first companies to make one of its own.

Altcoins will allow charities and organizations to OWN a currency that they control. You will not answer to us, it will be yours. All you need to make one is people from this website, or one of your friends that understands C++ coding needs to read this thread, then do a little more research on this website, then they can make one for you.

And to anyone new to the Bitcoin world, Bitcoins are worth $200 each (for now) and you can trade Altcoins for Bitcoins


Also, read this: https://bitcointalk.org/index.php?topic=328203.0

So, everyone is hearing or has heard about Bitcoins. The Silk Road is down, Bitpay is up and ATMs are actually being placed in the streets (at least one in Canada).

Pretty soon the only question left about Bitcoin will be "How do I get them?" and sure, the answer "You mine them or buy them" works for most people right now...

But what about when Bitcoin is being considered by people in poverty as a means to pull themselves up by their boot straps? What about when it is being talked about in every highschool in the country, and kids too young to work and not computer literate enough to mine want to get them?

The answer will be "Alt-coins". Altcoins are not the competition of Bitcoin, Altcoins are the future of Bitcoin. In the future altcoins will each have a "niche", so as to attract new people to Bitcoin, as well as support lifestyles of people who can not mine or buy the coins.

Devcoin and Tagcoin look promising. As Writing and Rewards are both great incentives, but what about the other coins? What value are they to someone who does not have the ability to mine?

Schools could use coins as booster promotions, by asking students to use their home computers to mine for coins that can be spent at the school. And the school can have a program where 25% of the coins are generated to a wallet for them. Then they make an altcoin thread and advertise it in the morning announcements. School funding problem SOLVED.

Or imagine if a mom and pop sandwich shop did the same. And offered sandwhiches for coins? They could not only boost local bitcoin interest, they would make money on a coin that they produced.

If anyone is wondering how to make a coin, you can email me at a1nice1jewish1boy@gmail.com and I will connect you with a developer. Or you can post in this thread and find someone just by asking.


and this is some pretty useful info as well, especially for schools and students.
http://www.reddit.com/r/Bitcoin/comments/1peyx7/holy_shit_this_changes_bitcoin/

What is Devtome and Devcoin? http://www.youtube.com/watch?v=XWsmx6JmqCc
How Do You Register An Account With Devtome? http://www.youtube.com/watch?v=6eMy2e2FEH4
How to submit a Devtome Article video: http://www.youtube.com/watch?v=wsM9BKo4lAk

EDIT:
So what we have so far (click a link to learn more about the coin, and even ask questions if you have them) :

1. Devcoin: https://bitcointalk.org/index.php?topic=233997.0 (Earned for writing, coding, art and more)
2. Tag Coin: https://bitcointalk.org/index.php?topic=317408.0 (Earned for community involvement and via rewards programs)
3. Spots: https://bitcointalk.org/index.php?topic=259764.0 (Basically "Cash4Gold", but you get coins)
4. Copper Bars: https://bitcointalk.org/index.php?topic=272170.0 (Another "Cash4Gold" coin)
5. CRYPTO-COIN JOBS: http://workforcrypto.com/ (Do Random Jobs for TIX or DVC Like Fiverr)
6. Earn Interest on Coins Deposited: https://mcxnow.com/exchange/DVC (Like an exchange and a bank mixed together)
7. Sex Coin: https://bitcointalk.org/index.php?topic=252896.0 (Earn coins for reviewing porn, 21 and up only)
8. Game Coin: https://bitcointalk.org/index.php?topic=263600.0 (Says recently that they made a MineCraft server)


In addition to my suggestion of school based and community coins for groups or businesses...

Imagine if instead of other forums hating on coins (It's basically taboo on most forex forums, and other forums to mention coins and tell people to buy them) , it became a trend on the internet for forum owners to come here and find coin creators, then get coins created for their forum.

What if we had a trend of FORUM based coins. Kinda like how this forum is based on bitcoin, so it exploded. If a forum with millions of daily hits (say...GaiaOnline, since it is a major forum that already uses coins, and has a largely non-bitcoin crowd as of now) started a 50% mine-able, limited production coin (instead of the coin they have now which you earn for doing things on the site, but can not be taken off the site, and is like WoW gold instead of bitcoins). That coin would probably be the most popular altcoin OVER NIGHT.

We just need to realize that altcoins are never going to over take bitcoin, all they can hope to do is support it.

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ANiceJewishBoy
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October 29, 2013, 10:23:47 PM
 #2

Well yes, the time of the alts is yet to come. I'm putting my hopes up in CGB and MEC.

Do they have alternative methods of earning? Like apart from mining?
I'm not trying to attack any coins, just suggesting that all the alt-coin communities consider these thoughts.

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October 29, 2013, 10:28:01 PM
 #3

Coins like Ixcoin, I0coin, Devcoin, Groupcoin, Fairbrix, Tenebrix, Coiledcoin, GeistGeld, BBQcoin and probably others have had some success using the approach outlined in http://www.devtome.com/doku.php?id=cpu_mining as a kind of "CPU mining" type of thing that does not require super hardware and which is not all that great for botnets either...

-MarkM-

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ANiceJewishBoy
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October 29, 2013, 10:32:14 PM
 #4

Coins like Ixcoin, I0coin, Devcoin, Groupcoin, Fairbrix, Tenebrix, Coiledcoin, GeistGeld, BBQcoin and probably others have had some success using the approach outlined in http://www.devtome.com/doku.php?id=cpu_mining as a kind of "CPU mining" type of thing that does not require super hardware and which is not all that great for botnets either...

-MarkM-


That is a good step in the right direction. Making it where you don't have to buy aggressive hardware to mine.

But there will be a massive market for non-mining individuals soon, and without an alternative to mining they will drop the idea of Bitcoin altogether.

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October 29, 2013, 10:43:38 PM
 #5

But what about when Bitcoin is being considered by people in poverty as a means to pull themselves up by their boot straps? What about when it is being talked about in every highschool in the country, and kids too young to work and not computer literate enough to mine want to get them?

The answer will be "Alt-coins".

I don't follow.  Where does the real-world wealth come from?  What will those pull-up-by-their-own-bootstraps people be doing that makes the world a better place and makes them wealthier?

I suspect you might be confusing "money" with "wealth."

How often do you get the chance to work on a potentially world-changing project?
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October 29, 2013, 10:43:54 PM
 #6

But there will be a massive market for non-mining individuals soon, and without an alternative to mining they will drop the idea of Bitcoin altogether.

Well any business that sells its goods or services in cryptocoins could offer its employees their pay in such coins. Maybe as more crypto millionaires arise there will be more lawn-mowing window-washing and so on jobs available paid in cryptocoins?

I don't follow.  Where does the real-world wealth come from?  What will those pull-up-by-their-own-bootstraps people be doing that makes the world a better place and makes them wealthier?

I suspect you might be confusing "money" with "wealth."

Seems likely. Presumably the idea is they will scrape up a few millibits or microbits shining shoes or mowing lawns or whatever then hold them a few years whereupon they will be rich.

-MarkM-

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October 29, 2013, 10:45:51 PM
 #7

CGB has PoS coin generation to take over as PoW generation is reduced. Check it out
http://cryptogenicbullion.org/#about
ANiceJewishBoy
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October 29, 2013, 10:47:30 PM
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But what about when Bitcoin is being considered by people in poverty as a means to pull themselves up by their boot straps? What about when it is being talked about in every highschool in the country, and kids too young to work and not computer literate enough to mine want to get them?

The answer will be "Alt-coins".

I don't follow.  Where does the real-world wealth come from?  What will those pull-up-by-their-own-bootstraps people be doing that makes the world a better place and makes them wealthier?

I suspect you might be confusing "money" with "wealth."


Depends on the purpose of the coin.

Ex:
Devcoin makes the world a better place because it supports the creation of writing, art and even space travel one day.
http://www.devtome.com/doku.php?id=devcoin_bounty

What does your favorite altcoin do/work towards?

I think YOU are the one with the confused understandings.

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ANiceJewishBoy
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October 29, 2013, 10:49:29 PM
 #9

But there will be a massive market for non-mining individuals soon, and without an alternative to mining they will drop the idea of Bitcoin altogether.

Well any business that sells its goods or services in cryptocoins could offer its employees their pay in such coins. Maybe as more crypto millionaires arise there will be more lawn-mowing window-washing and so on jobs available paid in cryptocoins?




But it would be 100,000x better if there were altcoin companies popping up for this purpose, instead of existing companies having to invest (and give away) more in bitcoin just to pay other people on a regular basis.

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October 29, 2013, 10:52:05 PM
 #10

CGB has PoS coin generation to take over as PoW generation is reduced. Check it out
http://cryptogenicbullion.org/#about

So like "The investors coin". This could become extremely popular once Bitcoin becomes a regular every day thing.
But bitcoin kinda fills this niche for now. lol

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October 29, 2013, 10:56:38 PM
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But it would be 100,000x better if there were altcoin companies popping up for this purpose, instead of existing companies having to invest (and give away) more in bitcoin just to pay other people on a regular basis.

They don't have to invest in bitcoin, just accept it. Companies that mostly accept fiat mostly pay wages in fiat, and furthermore mostly in the specific flavour of fiat that they mostly accept.

Just go ahead and start a successful business and choose to accept some kind of cryptocoin.

You will probably find the hard part is starting a successful business, if you can do that the choice of which currencies to accept is relatively the easy part.

Part of the idea of http://www.devtome.com/doku.php?id=cpu_mining is it in effect creates jobs, by providing a huge number of products that people can produce. The fact that the products are virtual is what makes it relatively easy/affordable to actually do it; if we tried to provide real quarries and real goldmines and real ironmines and so on for people to mine real metal and stone in, and real forests for people to chop real wood in and so on it would cost a heck of a lot more to set up than the virtual mines forests and so on this method lets us set up to provide "productive" employment as in employment that creates "products".

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October 29, 2013, 10:58:46 PM
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But it would be 100,000x better if there were altcoin companies popping up for this purpose, instead of existing companies having to invest (and give away) more in bitcoin just to pay other people on a regular basis.

They don't have to invest in bitcoin, just accept it.


If you spend money on a product in bulk, and accept a highly volatile currency for that product in retail, you ARE investing in that currency.

And that is just not a desirable aspect to many people. Altcoins have a lot of potential.
I know that this niche CAN be filled by bitcoin and IS currently filled by bitcoin. But once we allow altcoins to do this, we will see a larger bitcoin audience.

What if schools started using them as promotions to gain funds for education. What if businesses used them as a "Toys R Us bucks" type system.

It opens up so many doors.

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October 29, 2013, 11:00:36 PM
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What if schools started using them as promotions to gain funds for education. What if businesses used them as a "Toys R Us bucks" type system.

It opens up so many doors.

See TAGcoin.

-MarkM-

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October 29, 2013, 11:01:37 PM
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What if schools started using them as promotions to gain funds for education. What if businesses used them as a "Toys R Us bucks" type system.

It opens up so many doors.

See TAGcoin.

-MarkM-


I mentioned tagcoin in my first post.
I'm talking about school districts creating coins though.

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October 29, 2013, 11:03:09 PM
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Like what if 50% of China coin went to paying people to translate chinese news into english and vice versa. The coins would explode, and so would the BTC market as news began to flow faster.

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October 29, 2013, 11:05:08 PM
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Like what if 50% of China coin went to paying people to translate chinese news into english and vice versa. The coins would explode, and so would the BTC market as news began to flow faster.

People can post such news, at least the English translation of the Chinese news, in their own words of course not simple thheft-by-translation of other people's articles, on Devtome to earn Devcoins...

-MarkM-

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October 29, 2013, 11:05:46 PM
 #17

What if there was a coin where 25% went to an ASIC mining rig fund. And everyone has an equal chance to win an ASIC miner like once a month or something.

That isn't even too far from the current altcoins structure, but would grow SO fast because everyone would want a free ASIC miner.

And it costs the developers and participants NOTHING

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October 29, 2013, 11:07:17 PM
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Like what if 50% of China coin went to paying people to translate chinese news into english and vice versa. The coins would explode, and so would the BTC market as news began to flow faster.

People can post such news, at least the English translation of the Chinese news, in their own words of course not simple thheft-by-translation of other people's articles, on Devtome to earn Devcoins...

-MarkM-


I am just making suggestions, and I am suggesting a 2 way translation system. Devtome has made it clear that it will only accept english for now.

And just because we "can" doesn't mean it happens enough. It WOULD create a boost in the market of both countries if we had a better news flow.


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October 29, 2013, 11:39:50 PM
 #19

The Liberal Future of Bitcoin:
 https://bitcointalk.org/index.php?topic=321103.0

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October 29, 2013, 11:53:04 PM
 #20

Over 3,000 people got this email this weekend.
Quote
I discovered a few things over the past few days, and thought I would share the info with you.

1. You can get INTEREST (Earn money for coins in the bank) on coins you deposit here https://mcxnow.com/exchange/DVC FOR ALMOST ANY COIN

2. You can earn FREE coins writing here http://www.devtome.com/doku.php PLEASE TELL STUDENTS THEY CAN POST HOMEWORK HERE FOR EXTRA MONEY ONCE IT GETS GRADED (so the teacher doesn't find it online and think they copied it, when the article is really theirs to start with)

any questions? ask here https://bitcointalk.org/index.php?topic=233997

You can trade those coins on MCXnow for BTC, and Bitcoins can be used to buy basically anything.

And if you go on amazon, and buy one of these headsets… http://www.amazon.com/dp/B008MR36FE/ref=wl_it_dp_o_pC_nS_ttl?_encoding=UTF8&colid=22UQHYGA6B63Q&coliid=I1F1YDGF19DIQF

You can earn free coins on that website just by talking into that headset and posting it to Devtome. Like telemarketing, but without bothering anyone, and talking about your own interests. (you could even just watch TV and talk about what you are watching) THIS IS THE PERFECT GIFT FOR ANYONE WITHOUT A JOB

SPREAD THE WORD!!!! & Devcoin is on the rise!!!

If you want to start accepting Devcoins at your business you can get a wallet address to use for accepting deposits at MCXnow.com, there is a link above. Make sure to post to all the Devcoin links in my message above (MCX and Bitcointalk), telling people that your business now accepts them. It will bring you traffic to your company.

Also, if you work the MCX market right (buy the right alt-coin at the right time), you can make money just like someone who day trades stocks. And if you do this quickly you can make some good money. As of now the Devcoin markets don't move much because no one was informed about their existence. So, you can go on MCXnow with Bitcoins, buy altcoins, then take those altcoins to Vircurex.com and buy cheap Devcoins (because the MCXnow and Vircurex Markets don't stabilize at the same time or rate). Then you can take those cheap Devcoins, and sell them for Bitcoins at a profit at MCXnow. You just have to use the right coin at the right time.

MCXnow also allows you to buy “stocks” by buying a coin on the site called “MCFee”. The more MCFees you have the more you get paid daily as the site makes money.

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October 30, 2013, 01:12:30 AM
 #21

I have just read that Gamecoin offers coins for Minecraft (probably a better payout than BTC servers) and porn coin pays for porn reviews.

This isn't even the future, it's happening NOW.

Devcoin -Development, Coding and Writing
Tagcoin - Rewards
Gamecoin - Gaming Payment
Porncoin - Porn Watching Payment

Plus mcxnow offers interest like a bank on your Bitcoins and Devcoins (and a few miner coins). BTC is moving forward.

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October 30, 2013, 05:59:00 AM
 #22

We are fairly new on the market, but we are already finding that people are willing to earn coins in different ways. We started a couple of days ago giving away TagCoin to those who referred others to our site. To avoid spamming the system we are adding mobile verification to avoid spammers and bots.

We've now enabled a community to offer coin rewards in their choice of coin, for internal actions within Tagbond (Join the community, refer a friend to join, or write a review). We will shortly add the ability to offer rewards based on what actions a user does on an external website, using a small bit of javascript and our API (actions are onClick and onLoad so far). You can decide to use the mobile verification or not.

In addition to the rewards actions on our site or other sites, anyone can create marketing modules (Tagverts) - mini shopping carts, coupons, loyalty stamps, competitions, auctions and more. So altcoins can be used in these ways:

- Give rewards to the customer for using a Tagvert (ie: buy a meal at a restaurant using coins as discount method), or give coins to a user to actually go to the restaurant to eat.
- Sell items via the site for alt coins
- Give alt coins as referral fees to people who share their Tagverts on  facebook, blogging sites, websites, or in person.

We have added a few altcoin types into the system, and will add more - the end result is that we want to make crypto currencies used more in the real world, as a rewards currency that people will want to then spend on other things.

Merchants need customers, customers want to spend their rewards with merchants - the system should appeal to both sides of the coin..Smiley

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October 30, 2013, 06:44:59 AM
 #23

We are fairly new on the market, but we are already finding that people are willing to earn coins in different ways. We started a couple of days ago giving away TagCoin to those who referred others to our site. To avoid spamming the system we are adding mobile verification to avoid spammers and bots.

We've now enabled a community to offer coin rewards in their choice of coin, for internal actions within Tagbond (Join the community, refer a friend to join, or write a review). We will shortly add the ability to offer rewards based on what actions a user does on an external website, using a small bit of javascript and our API (actions are onClick and onLoad so far). You can decide to use the mobile verification or not.

In addition to the rewards actions on our site or other sites, anyone can create marketing modules (Tagverts) - mini shopping carts, coupons, loyalty stamps, competitions, auctions and more. So altcoins can be used in these ways:

- Give rewards to the customer for using a Tagvert (ie: buy a meal at a restaurant using coins as discount method), or give coins to a user to actually go to the restaurant to eat.
- Sell items via the site for alt coins
- Give alt coins as referral fees to people who share their Tagverts on  facebook, blogging sites, websites, or in person.

We have added a few altcoin types into the system, and will add more - the end result is that we want to make crypto currencies used more in the real world, as a rewards currency that people will want to then spend on other things.

Merchants need customers, customers want to spend their rewards with merchants - the system should appeal to both sides of the coin..Smiley

This is awesome. We need more community support coins!!! Smiley (the more reasons we can think to make coins, the more people will come to bitcoin)

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October 30, 2013, 01:04:37 PM
 #24

Sexcoin has a couple of different ways to get coins without buying or mining. Its part of our 'revamp' philosophy. You can earn SXC by watching and reviewing Adult films, or by writing erotica. And there's more in the works.

Take a look at the OP: https://bitcointalk.org/index.php?topic=252896. ( Unless it offends your sensibilities. )

SXC: S7NgcaY5qtjsBpNqdJsYbeTjacwuCUhC2Z | LTC: LVmkQd2T5nffVf1Bum9GzbNTaEQBXxURo9 | BTC: 17H4ut7WeaUkVkNh3UfvQArvsawabmrvg4 | http://sexcoinforum.com | Bitrated user: Lavajumper.
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October 30, 2013, 02:06:15 PM
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But what about when Bitcoin is being considered by people in poverty as a means to pull themselves up by their boot straps? What about when it is being talked about in every highschool in the country, and kids too young to work and not computer literate enough to mine want to get them?

The answer will be "Alt-coins".

I don't follow.  Where does the real-world wealth come from?  What will those pull-up-by-their-own-bootstraps people be doing that makes the world a better place and makes them wealthier?

I suspect you might be confusing "money" with "wealth."


+1

Hey , someone understands "economics and technology", they say thats rare.

Agreed but , if BTC is having this primary effect the details out laid are rather redundant,  because I can just answer

 " wealthy uncle " will hand down...etc.

But it has to come from somewhere. 

tiny rick !
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October 30, 2013, 02:11:51 PM
 #26

While im on my NSA style "violation" the all seeing , "a nice Jewish boy"  you wouldn't be a certain recently wealthy (and worthy of praise according bto btcx)  exchanges 51%+ owner , generally talking his book for alts : D  if so its a solid effort , really.

tiny rick !
- https://voat.co/v/Contact/
- Twitter @Kolin_Quark
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October 30, 2013, 03:09:32 PM
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Well yes, the time of the alts is yet to come. I'm putting my hopes up in CGB and MEC.

Me too

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October 30, 2013, 03:23:53 PM
 #28

I have just read that Gamecoin offers coins for Minecraft (probably a better payout than BTC servers) and porn coin pays for porn reviews.

This isn't even the future, it's happening NOW.

Devcoin -Development, Coding and Writing
Tagcoin - Rewards
Gamecoin - Gaming Payment
Porncoin - Porn Watching Payment

Plus mcxnow offers interest like a bank on your Bitcoins and Devcoins (and a few miner coins). BTC is moving forward.
Devcoin yes, the other 3 are crap.

They may be "crap" now, but they are the only coins that meet the standards of being "new". Most coins are just clones that are not in any way different from Bitcoins.

These coins offer alternatives to mining, instantly making them more useful to the world than most altcoins.

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October 30, 2013, 03:34:26 PM
 #29

They may be "crap" now, but they are the only coins that meet the standards of being "new". Most coins are just clones that are not in any way different from Bitcoins.

These coins offer alternatives to mining, instantly making them more useful to the world than most altcoins.
any coin can implement their features at any time. Guess why this isn't happening..sigh

LOL

If it's not happening, then why are there 4 coins that do it now?

Seems like it's happening to me, you just don't want to recognize the coins as anything more than shit because you can not see them for what they are.

And any coin that implements these kinds of features in the future, will have the ability to get people to join from OUTSIDE of the cryto world. Right now altcoins are trapped inside the Bitcoin community. Altcoins need to get out from under BTC thumb, so they can help BTC.

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October 30, 2013, 04:02:27 PM
 #30

The interest in Bitcoin and other alt coins, and in earning them in a way other than mining is much more of an incentive at the moment than just giving money, as we are finding at Tagbond Rewards. People want to earn a few coins to see what it is all about - people like my mother for example..:-)...They may not know too much about the technical aspects of coins, but they do want to have a few and play with the new technology. So the whole crypto market should take advantage of this while the interest is there and push coins out to play with, or use in the real world for things other than just an investment. Sooner or later it will really go mainstream and then the world will truly learn the benefits of this new tech. We are working on making this happen, not only with our own TagCoin, but with any coin that wants to become part of the system, and be used for rewards, e-commerce etc. We've built a platform that doesn't cost anything to use - our model is based around a pay only on results version of google adsense.

So, create a community on Tagbond, give rewards out in coins of your choice for joining that community, inviting others to join and write reviews for you, create marketing modules (tagverts) that give some benefit to the customer and perhaps getting them to spend coins on whatever you have to offer, and you have created your own system that turns an alt coin into a currency, not just a commodity. Help us create a powerful eco system to push crypto forward and be accepted by everyone.

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October 30, 2013, 04:22:01 PM
 #31

The interest in Bitcoin and other alt coins, and in earning them in a way other than mining is much more of an incentive at the moment than just giving money, as we are finding at Tagbond Rewards. People want to earn a few coins to see what it is all about - people like my mother for example..:-)...They may not know too much about the technical aspects of coins, but they do want to have a few and play with the new technology. So the whole crypto market should take advantage of this while the interest is there and push coins out to play with, or use in the real world for things other than just an investment. Sooner or later it will really go mainstream and then the world will truly learn the benefits of this new tech. We are working on making this happen, not only with our own TagCoin, but with any coin that wants to become part of the system, and be used for rewards, e-commerce etc. We've built a platform that doesn't cost anything to use - our model is based around a pay only on results version of google adsense.

So, create a community on Tagbond, give rewards out in coins of your choice for joining that community, inviting others to join and write reviews for you, create marketing modules (tagverts) that give some benefit to the customer and perhaps getting them to spend coins on whatever you have to offer, and you have created your own system that turns an alt coin into a currency, not just a commodity. Help us create a powerful eco system to push crypto forward and be accepted by everyone.

Nice post. I am definitely going to be getting into this.


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October 30, 2013, 04:23:24 PM
 #32

I have just read that Gamecoin offers coins for Minecraft (probably a better payout than BTC servers) and porn coin pays for porn reviews.

This isn't even the future, it's happening NOW.

Devcoin -Development, Coding and Writing
Tagcoin - Rewards
Gamecoin - Gaming Payment
Porncoin - Porn Watching Payment

Plus mcxnow offers interest like a bank on your Bitcoins and Devcoins (and a few miner coins). BTC is moving forward.


only devcoin other 2 garbage

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October 30, 2013, 04:29:58 PM
 #33

i only hope my altcoin price will rise Cheesy

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October 30, 2013, 04:33:21 PM
 #34

In addition to my suggestion of school based and community coins for groups or businesses...

Imagine if instead of other forums hating on coins (It's basically taboo on most forex forums, and other forums to mention coins and tell people to buy them) , it became a trend on the internet for forum owners to come here and find coin creators, then get coins created for their forum.

What if we had a trend of FORUM based coins. Kinda like how this forum is based on bitcoin, so it exploded. If a forum with millions of daily hits (say...GaiaOnline, since it is a major forum that already uses coins, and has a largely non-bitcoin crowd as of now) started a 50% mine-able, limited production coin (instead of the coin they have now which you earn for doing things on the site, but can not be taken off the site, and is like WoW gold instead of bitcoins). That coin would probably be the most popular altcoin OVER NIGHT.

We just need to realize that altcoins are never going to over take bitcoin, all they can hope to do is support it.

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October 30, 2013, 04:33:40 PM
 #35

Your altcoin will only rise in price if it is used - the principle of Velocity of Money - it becomes valuable if it changes hands a lot, the more it does, the more value it has. Alt Coins cannot survive purely on the speculative hope that maybe they may rise in value to that of BitCoin - that train has already left the station. So do your part and get it in use..get your friends, relatives and anyone you know to take your choice of altcoin in exchange for something or doing something of value..Smiley

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October 30, 2013, 04:34:30 PM
 #36

LOL

If it's not happening, then why are there 4 coins that do it now?

Seems like it's happening to me, you just don't want to recognize the coins as anything more than shit because you can not see them for what they are.

And any coin that implements these kinds of features in the future, will have the ability to get people to join from OUTSIDE of the cryto world. Right now altcoins are trapped inside the Bitcoin community. Altcoins need to get out from under BTC thumb, so they can help BTC.
Why it isn't happening? Because on a technical scale it's not worth anyone's time, poor little features for children and old people.

It IS happening. There are 4 coins that do it. So your point is invalid.

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October 30, 2013, 04:34:38 PM
 #37

In addition to my suggestion of school based and community coins for groups or businesses...

Imagine if instead of other forums hating on coins (It's basically taboo on most forex forums, and other forums to mention coins and tell people to buy them) , it became a trend on the internet for forum owners to come here and find coin creators, then get coins created for their forum.

What if we had a trend of FORUM based coins. Kinda like how this forum is based on bitcoin, so it exploded. If a forum with millions of daily hits (say...GaiaOnline, since it is a major forum that already uses coins, and has a largely non-bitcoin crowd as of now) started a 50% mine-able, limited production coin (instead of the coin they have now which you earn for doing things on the site, but can not be taken off the site, and is like WoW gold instead of bitcoins). That coin would probably be the most popular altcoin OVER NIGHT.

We just need to realize that altcoins are never going to over take bitcoin, all they can hope to do is support it.



If you say so then tell me why ppl buying altcoins

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October 30, 2013, 04:35:41 PM
 #38

i only hope my altcoin price will rise Cheesy

Are you a Devtome writer?

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October 30, 2013, 04:37:07 PM
 #39

In addition to my suggestion of school based and community coins for groups or businesses...

Imagine if instead of other forums hating on coins (It's basically taboo on most forex forums, and other forums to mention coins and tell people to buy them) , it became a trend on the internet for forum owners to come here and find coin creators, then get coins created for their forum.

What if we had a trend of FORUM based coins. Kinda like how this forum is based on bitcoin, so it exploded. If a forum with millions of daily hits (say...GaiaOnline, since it is a major forum that already uses coins, and has a largely non-bitcoin crowd as of now) started a 50% mine-able, limited production coin (instead of the coin they have now which you earn for doing things on the site, but can not be taken off the site, and is like WoW gold instead of bitcoins). That coin would probably be the most popular altcoin OVER NIGHT.

We just need to realize that altcoins are never going to over take bitcoin, all they can hope to do is support it.



If you say so then tell me why ppl buying altcoins

Can you rephrase this? I'm confused about what exactly you are asking.
They buy them because they see value in the mining community. I am not suggesting that mining communities are obsolete, I am suggesting that they will change in the near future to accommodate others.

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October 30, 2013, 04:38:50 PM
 #40

Your altcoin will only rise in price if it is used - the principle of Velocity of Money - it becomes valuable if it changes hands a lot, the more it does, the more value it has. Alt Coins cannot survive purely on the speculative hope that maybe they may rise in value to that of BitCoin - that train has already left the station. So do your part and get it in use..get your friends, relatives and anyone you know to take your choice of altcoin in exchange for something or doing something of value..Smiley


Agreed, the main thing that alters the price of coin. Altcoins AND Bitcoin, is what the public has been told about them recently, and how widespread the announcement was.

Ex: Recent explode comes from Chinese BTC TV broadcast + Canada getting a BTC ATM

This is not a "market" (in the exact sense of the stock market or forex) yet. It is a new resource that the world has yet to discover (for the most part). It is A LOT like forex, but a completely undervalued and underused version, and that room for growth means EVERYTHING.

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October 30, 2013, 04:44:10 PM
 #41

Your altcoin will only rise in price if it is used - the principle of Velocity of Money - it becomes valuable if it changes hands a lot, the more it does, the more value it has. Alt Coins cannot survive purely on the speculative hope that maybe they may rise in value to that of BitCoin - that train has already left the station. So do your part and get it in use..get your friends, relatives and anyone you know to take your choice of altcoin in exchange for something or doing something of value..Smiley
Make an ATM for your altcoin, place it somewhere. The result? It will be much higher than any other alt out there..  Tongue

If you have an ATM, you must make sure that the coin can be used many places first. At least online.

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October 30, 2013, 05:32:20 PM
 #42

Found 2 new coins.

So what we have so far:

Devcoin: https://bitcointalk.org/index.php?topic=233997.0 (Earned for writing, coding, art and more)
Tag Coin: https://bitcointalk.org/index.php?topic=317408.0 (Earned for community involvement and via rewards programs)
Spots: https://bitcointalk.org/index.php?topic=259764.0 (Basically "Cash4Gold", but you get coins)
Copper Bars: https://bitcointalk.org/index.php?topic=272170.0 (Another "Cash4Gold" coin)
Sex Coin: https://bitcointalk.org/index.php?topic=252896.0 (Earn coins for reviewing porn)
Game Coin: https://bitcointalk.org/index.php?topic=263600.0 (Says recently that they made a MineCraft server)

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October 30, 2013, 06:22:55 PM
 #43

CRYPTO-COIN JOBS: http://workforcrypto.com/ (Do Random Jobs for TIX or DVC Like Fiverr)

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October 30, 2013, 07:30:07 PM
 #44

http://workforcrypto.com/?job=mine-any-of-your-favorite-sha-256-coins-with-5ghs-usb-asic-block-erupter-for-you-for-24-hours
http://workforcrypto.com/?job=mine-any-of-your-favorite-sha-256-coins-with-1ghs-usb-asic-block-erupter-for-you-for-24-hours

These links take you to someone that will mine for you for 24 hours. If you apply the mining to TIX, you not only get mining shares, but you also have a chance of winning the TIX coin lotto Smiley (It is released every certain number of blocks)

Making it the only lotto you can play that pays out no matter what (via shares) while also entering you in the lotto.

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October 30, 2013, 07:42:57 PM
 #45

not exactly a good site when the register button takes you to "Page not found"...Smiley I am curious how many TAG you might generate in 24 hours with a 5ghs erupter..:-) - anyone tell me?.

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October 30, 2013, 07:49:45 PM
 #46

not exactly a good site when the register button takes you to "Page not found"...Smiley I am curious how many TAG you might generate in 24 hours with a 5ghs erupter..:-) - anyone tell me?.

It's brand new. The guy from IGotSpots gave me the links, so I'm pretty sure it's safe, just having problems like Obamacare, lol.

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October 30, 2013, 09:07:39 PM
 #47

If anyone wants to make coins for people, I suggest letting them know in this thread, as I have been sending a link to this thread to major companies that have pages on Facebook.

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October 31, 2013, 02:16:55 AM
 #48

you my friend have a remarkably slanted point of view.

My negative trust rating is reflective of a personal vendetta by someone on default trust.
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October 31, 2013, 03:52:13 AM
 #49

you my friend have a remarkably slanted point of view.

LOL.

No "this won't work because..." or "no this niche is already completely filled by..."

Just "You're wrong", that is all you have to say? LOL

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October 31, 2013, 04:31:00 AM
 #50

@Spoetnik

Is this proof enough it is me?


~BCX~

I'm confused...

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October 31, 2013, 05:04:12 AM
 #51

@Spoetnik

Is this proof enough it is me?


~BCX~

I'm confused...

supposedly BCX claimed he was going to attack two coins soon possibly he stated on Cryptsy chat
and i asked him how do we know its really you.. so he posted that to confirm his identity.

FUD first & ask questions later™
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October 31, 2013, 05:08:02 AM
 #52

@Spoetnik

Is this proof enough it is me?


~BCX~

I'm confused...

supposedly BCX claimed he was going to attack two coins soon possibly he stated on Cryptsy chat
and i asked him how do we know its really you.. so he posted that to confirm his identity.

Oh damn.

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October 31, 2013, 08:04:12 AM
 #53

We must not forget the power of this technology.

What is this revolution taking us to? What is it?

This is a paradigm shift where the problem of monetizing Value has become moot; This technology allows us to do that, we can monetize any value that people are willing to support.

Anyone can now fund a cause by quantifying their contribution, whether it is by money, moral values, admiration, or any factor, this technology has truly created programmable rewards in a very complex ecosystem.

And this technology is free for everyone... just think about that; You no longer have to wonder, " how am I going to fund that cause?" What are the market constraints against what can be done with the power of human belief? none, the market value of a coin becomes it's native support among the population and the awareness of that cause.

The old world used to trade different objects for their perceived value, innovation and difficulty to make, we called it barter, but were limited by the needs of others and the transportability of those objects; This created limitations on the scope of trade.

so one day we invented money, a object, an idea that could be exchanged for anything material and could convince others to work for it to trade, this had it's limitations. The idea of trading objects/actions for objects/actions, became objects/actions for money for objects/actions, without that initial object you could not fund change to convince others toward your cause; It was limited in how abstract motives and actions could be funded," the availability of objects became the inherit limit of this technology called money."

But, this new paradigm?... it is value/belief for money for objects/actions. This new technology can fund change without the constraints of needs and wants, you can change someone's life by just belief alone, you don't even have to ask for a loan from the bank... you just have to believe in what you are doing. Quantify the efforts and contributions from the true believers of your cause and they will reward you in ways that the old system could never do.

When anyone can create money what can you fund?

All you have to do is create a double Proof of Work, Use Bitcoins POW or Litecoins scrypt, merge mine with them to gain instant security and mining power, and then distribute your coins for a cause, the work that others do is the second Proof of Work.

now anything can be funded, and the ecosystem of the Cryptocoins can thrive in a complex array of markets, not just for objects or money, but markets that gauge the demand and supply of human needs and values that before could not be monetized.

 A market where causes, beliefs, movements, ideas can be traded; The ebb and flow of the collective thoughts of humanity.


Just wait till Open Transactions is fully operational, then you will know what I am talking about, May a thousand currencies bloom.
 

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October 31, 2013, 02:14:22 PM
 #54

We must not forget the power of this technology.

What is this revolution taking us to? What is it?

This is a paradigm shift where the problem of monetizing Value has become moot; This technology allows us to do that, we can monetize any value that people are willing to support.

Anyone can now fund a cause by quantifying their contribution, whether it is by money, moral values, admiration, or any factor, this technology has truly created programmable rewards in a very complex ecosystem.

And this technology is free for everyone... just think about that; You no longer have to wonder, " how am I going to fund that cause?" What are the market constraints against what can be done with the power of human belief? none, the market value of a coin becomes it's native support among the population and the awareness of that cause.

The old world used to trade different objects for their perceived value, innovation and difficulty to make, we called it barter, but were limited by the needs of others and the transportability of those objects; This created limitations on the scope of trade.

so one day we invented money, a object, an idea that could be exchanged for anything material and could convince others to work for it to trade, this had it's limitations. The idea of trading objects/actions for objects/actions, became objects/actions for money for objects/actions, without that initial object you could not fund change to convince others toward your cause; It was limited in how abstract motives and actions could be funded," the availability of objects became the inherit limit of this technology called money."

But, this new paradigm?... it is value/belief for money for objects/actions. This new technology can fund change without the constraints of needs and wants, you can change someone's life by just belief alone, you don't even have to ask for a loan from the bank... you just have to believe in what you are doing. Quantify the efforts and contributions from the true believers of your cause and they will reward you in ways that the old system could never do.

When anyone can create money what can you fund?

All you have to do is create a double Proof of Work, Use Bitcoins POW or Litecoins scrypt, merge mine with them to gain instant security and mining power, and then distribute your coins for a cause, the work that others do is the second Proof of Work.

now anything can be funded, and the ecosystem of the Cryptocoins can thrive in a complex array of markets, not just for objects or money, but markets that gauge the demand and supply of human needs and values that before could not be monetized.

 A market where causes, beliefs, movements, ideas can be traded; The ebb and flow of the collective thoughts of humanity.


Just wait till Open Transactions is fully operational, then you will know what I am talking about, May a thousand currencies bloom.
 

Very nice post.

I want to add that the best coin to copy for this is Devcoin. They have a model where when I block is mined, 10% of the coins in that block go to the miner, while the other 90% goes in the wallet of a writer.

The only problem would be writing the script that gets the coins from the blocks to specific wallets.
But if a company wants a coin, I bet they will already be trying to get in touch with the right people to get it done.

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October 31, 2013, 02:43:31 PM
 #55

To any business owner wondering: "well why would people mine my coin?"

When you post about a new coin in this altcoin thread section, and you put the title as [ANN] *Your* Coin -For X-ers (writers, bloggers, youtubers, or whatever kind of people you want to get paid)

People will mine your coin JUST FOR FUN. And some people can mine 2 coins or more at once, and you can also add to the thread that you will pay someone a bounty of coins to create a merge mine pool. Which means that anyone who mines your coin, would also mine bitcoin at the same time, which makes it more likely that they would want to do it.

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October 31, 2013, 03:37:27 PM
 #56

To any business owner wondering: "well why would people mine my coin?"

When you post about a new coin in this altcoin thread section, and you put the title as [ANN] *Your* Coin -For X-ers (writers, bloggers, youtubers, or whatever kind of people you want to get paid)

People will mine your coin JUST FOR FUN. And some people can mine 2 coins or more at once, and you can also add to the thread that you will pay someone a bounty of coins to create a merge mine pool. Which means that anyone who mines your coin, would also mine bitcoin at the same time, which makes it more likely that they would want to do it.


 i agree, but now it is difficult time for new coin to get through

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October 31, 2013, 03:52:36 PM
 #57

To any business owner wondering: "well why would people mine my coin?"

When you post about a new coin in this altcoin thread section, and you put the title as [ANN] *Your* Coin -For X-ers (writers, bloggers, youtubers, or whatever kind of people you want to get paid)

People will mine your coin JUST FOR FUN. And some people can mine 2 coins or more at once, and you can also add to the thread that you will pay someone a bounty of coins to create a merge mine pool. Which means that anyone who mines your coin, would also mine bitcoin at the same time, which makes it more likely that they would want to do it.


 i agree, but now it is difficult time for new coin to get through

That is because new coins don't have purpose right now.

If a company that ALREADY had a community supporting it were to make a coin, and share the link to their coins thread every once in a while on facebook, and email everyone they have on any email list (telling them all that they can EARN instead of mine or buy the coins), the coin would become more popular than most alt coins, just over night.

My Negative Rating is For Bringing a Dead Thread Back to Life, Just BTW. Click The Link To See For Yourself.
https://bitcointalk.org/index.php?action=trust;u=155011
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October 31, 2013, 05:30:07 PM
 #58

Like imagine a new app like instagram coming out, but it is attached to a coin. Getting PAID for posting to instagram.

So like 50% of the coins mined get paid to picture posters. Based on likes or something.

Everyone that has an Iphone would break into the cryptocoin world.

My Negative Rating is For Bringing a Dead Thread Back to Life, Just BTW. Click The Link To See For Yourself.
https://bitcointalk.org/index.php?action=trust;u=155011
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October 31, 2013, 05:34:09 PM
 #59

TagBond has a release of a beta android wallet that works with real currency and crypto coins we add to the system (So far Bitcoin, Litecoin, TagCoin, PrimeCoin, PeerCoin, DigitalCoin but please approach us if you are administrators of other coins, or ask  administrators to approach us if you want to see the coin here)

We are giving away 200 TagCoins if you download the android app and install it, register using the phone, then sign in using the website at tagbond.com to get your ID number from your dashboard. (We didn't add the ID to the app, will do in the next update tomorrow)

I will send it to the online account and you can see it appear in the android wallet app, and if you really want I can then transfer it to an address once the promotion is over. We are doing it manually at the moment until the wallet servers are running.

We have a couple of suggestions already and these will go into v4 which will probably be up in a day or so. One suggestion is to click on the TAG logo to refresh the wallet balances, the other is to ask for confirmation before sending.

Once you send me your ID, I will send you 1 TAG, send it back to me using the phone and I will send 2 back.

First 100 posters on this forum only..:-)

http://tagcoin.org/TagCash_V3.0.apk

As an extra feature, whoever has an rfid or NFC tag and binds it their account using an NFC phone gets a bonus of 5 TAG while this promotion is on. Simply login to the app, tap an rfid smart card, nfc tag, to the phone and it will ask to bind it your account ID. Then tell me your ID so I can check and I will send you 5 TAG

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October 31, 2013, 06:37:10 PM
 #60

I have now sent this out to just about every charity, cancer foundation, tech organization, church, school, public office, bank, rave group, electric daisy pages, 4/20 ralliers, casino and more that have a FB page that shows up when I search.

Over 2,500 recipients so far Smiley

My Negative Rating is For Bringing a Dead Thread Back to Life, Just BTW. Click The Link To See For Yourself.
https://bitcointalk.org/index.php?action=trust;u=155011
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October 31, 2013, 07:19:47 PM
 #61

Also,
If you are a store owner and you make a coin, people will be able to pre-pay for orders before coming in (you could then send them an email that they show you at the counter), or they could pay by bringing their laptop in (if you have wifi) and depositing to your wallet right in front of you.

And if you can either MAKE a wallet for Iphone/Droid, or get your currency added to one. Then people could just bring in their cell phones and deposit like a laptop.

And having your coin on exchanges like MCXnow or Vircurex could help you get a global market for your company.

All using your coin. Then you can take your coin and sell it for Bitcoins, which again, are $200 right now.

My Negative Rating is For Bringing a Dead Thread Back to Life, Just BTW. Click The Link To See For Yourself.
https://bitcointalk.org/index.php?action=trust;u=155011
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October 31, 2013, 08:38:22 PM
 #62

TagBond has a release of a beta android wallet that works with real currency and crypto coins we add to the system (So far Bitcoin, Litecoin, TagCoin, PrimeCoin, PeerCoin, DigitalCoin but please approach us if you are administrators of other coins, or ask  administrators to approach us if you want to see the coin here)

We are giving away 200 TagCoins if you download the android app and install it, register using the phone, then sign in using the website at tagbond.com to get your ID number from your dashboard. (We didn't add the ID to the app, will do in the next update tomorrow)

I will send it to the online account and you can see it appear in the android wallet app, and if you really want I can then transfer it to an address once the promotion is over. We are doing it manually at the moment until the wallet servers are running.

We have a couple of suggestions already and these will go into v4 which will probably be up in a day or so. One suggestion is to click on the TAG logo to refresh the wallet balances, the other is to ask for confirmation before sending.

Once you send me your ID, I will send you 1 TAG, send it back to me using the phone and I will send 2 back.

First 100 posters on this forum only..:-)

http://tagcoin.org/TagCash_V3.0.apk

As an extra feature, whoever has an rfid or NFC tag and binds it their account using an NFC phone gets a bonus of 5 TAG while this promotion is on. Simply login to the app, tap an rfid smart card, nfc tag, to the phone and it will ask to bind it your account ID. Then tell me your ID so I can check and I will send you 5 TAG


done

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October 31, 2013, 10:23:49 PM
 #63

I want to add that the best coin to copy for this is Devcoin. They have a model where when I block is mined, 10% of the coins in that block go to the miner, while the other 90% goes in the wallet of a writer.

If I am a good writer, why would I pay out 10% of my income?  That is more expensive than credit card charges!

Again, don't confuse money for wealth.  Writers produce wealth in the form of the stories/articles/whatever they are writing. The currency used to trade that wealth only matters as far as:

+ What can the writer buy with it
+ If the writer saves it, will it buy more or less in the future


How often do you get the chance to work on a potentially world-changing project?
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October 31, 2013, 10:30:23 PM
 #64

I want to add that the best coin to copy for this is Devcoin. They have a model where when I block is mined, 10% of the coins in that block go to the miner, while the other 90% goes in the wallet of a writer.

If I am a good writer, why would I pay out 10% of my income?  That is more expensive than credit card charges!

Again, don't confuse money for wealth.  Writers produce wealth in the form of the stories/articles/whatever they are writing. The currency used to trade that wealth only matters as far as:

+ What can the writer buy with it
+ If the writer saves it, will it buy more or less in the future



You don't get to choose. The coins are released from the blocks by the miners, if they don't get paid, there is no coin for anyone else to get paid in. Unless you somehow find people who will mine for free.

Mining makes the bitcoin world go round, so we can expand into other markets, but we can not disregard miners.

Devcoins buy you amazon gift cards, books and even silver or gold on Igotspot. Plus they can be traded for BTC.

My Negative Rating is For Bringing a Dead Thread Back to Life, Just BTW. Click The Link To See For Yourself.
https://bitcointalk.org/index.php?action=trust;u=155011
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November 01, 2013, 12:05:02 AM
 #65

I feel like we're talking past each other.

You said:  dev coin is a good model-- e.g. writer creates something, uses devcoin, 90% goes to them, 10% to devcoin miner.

I don't understand why a writer wouldn't just use dollars-- create something, sell it for dollars, writer keeps 96%, PayPal gets 4% for processing the transaction.

Or Bitcoin: create something, sell it for Bitcoin, writer keeps 99% BitPay gets 1% for processing the transaction (Bitcoin can do this because it is more efficient than PayPal/credit card/traditional fiat, that is where the wealth is created).

Or is there some magical way that using an alt coin creates wealth out of thin air?  I don't see it....

How often do you get the chance to work on a potentially world-changing project?
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November 01, 2013, 09:59:49 AM
 #66

I feel like we're talking past each other.

You said:  dev coin is a good model-- e.g. writer creates something, uses devcoin, 90% goes to them, 10% to devcoin miner.

I don't understand why a writer wouldn't just use dollars-- create something, sell it for dollars, writer keeps 96%, PayPal gets 4% for processing the transaction.

Or Bitcoin: create something, sell it for Bitcoin, writer keeps 99% BitPay gets 1% for processing the transaction (Bitcoin can do this because it is more efficient than PayPal/credit card/traditional fiat, that is where the wealth is created).

Or is there some magical way that using an alt coin creates wealth out of thin air?  I don't see it....


BTC transaction will never live on PAYpal cuz they are tcakable. LEts assume that some ppl dont use BTC legal and they buy illegal stuff. They are untraceable

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November 01, 2013, 02:23:18 PM
 #67

I feel like we're talking past each other.

You said:  dev coin is a good model-- e.g. writer creates something, uses devcoin, 90% goes to them, 10% to devcoin miner.

I don't understand why a writer wouldn't just use dollars-- create something, sell it for dollars, writer keeps 96%, PayPal gets 4% for processing the transaction.

Or Bitcoin: create something, sell it for Bitcoin, writer keeps 99% BitPay gets 1% for processing the transaction (Bitcoin can do this because it is more efficient than PayPal/credit card/traditional fiat, that is where the wealth is created).

Or is there some magical way that using an alt coin creates wealth out of thin air?  I don't see it....

LOL

Firstly, this next sentence should explain it all, but I'll continue after:
You don't "sell" things to devtome.

I don't think you understand the world of art and literature. Usually people don't have the money to afford publishing, even for amazon. I still don't know how to make a PDF file. Plus, it's harder to SELL books than it is to GIVE THEM AWAY. Everything written on Devtome is open source, and ANYONE can read/copy/use it for whatever they want. So it's more useful than just publishing to Amazon.

Devtome makes getting paid for writing something that you can just DO. You don't have to seek help in publishing, marketing or anything. It just happens. So it's basically for "The Starving Artists".

Using Devtome's model, you could write for devtome, earn money for publishing, then edit your book so it is not the same as on Devtome (devtome is open source, so you aren't supposed to go sell it, but you can use it to write a book that you can sell) THEN you could go sell a book for Bitcoin or Dollars, after you could afford to publish it.

The wealth isn't created out of thin air. The wealth comes from the value of the community. Devcoiners are developers, coders, video makers and writers and most of them are only slightly invested in Devcoin while they focus on other coins.

So devcoin is really just good for the altcoin and devcoin community in general.

Then in the future, Devtome plans to complete this projects, and as each one is completed the price of DVC will go up.
http://www.devtome.com/doku.php?id=devcoin_bounty

My Negative Rating is For Bringing a Dead Thread Back to Life, Just BTW. Click The Link To See For Yourself.
https://bitcointalk.org/index.php?action=trust;u=155011
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November 01, 2013, 03:07:26 PM
 #68

You're trying to enlighten Gavin...Gavin Andresen or you know, only the LEAD DEVELOPER of Bitcoin!  Here let me help you out...

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November 01, 2013, 04:32:29 PM
 #69

I feel like we're talking past each other.

You said:  dev coin is a good model-- e.g. writer creates something, uses devcoin, 90% goes to them, 10% to devcoin miner.

I don't understand why a writer wouldn't just use dollars-- create something, sell it for dollars, writer keeps 96%, PayPal gets 4% for processing the transaction.

Or Bitcoin: create something, sell it for Bitcoin, writer keeps 99% BitPay gets 1% for processing the transaction (Bitcoin can do this because it is more efficient than PayPal/credit card/traditional fiat, that is where the wealth is created).

Or is there some magical way that using an alt coin creates wealth out of thin air?  I don't see it....

On the larger topic of creating wealth, accretion of wealth must be seen beyond the Efficient Markets hypothesis, that rational actors gauge the intrinsic value of a object, commodity, stock based on sound real world information. The standard interpretation is that the Gold has value because I can exchange it, but what is gold backed by? belief that it can be redeemed, no one can eat gold, but it is precious theoretically because people use it for art and technology... yet, somehow the majority of traders, trade based on trends instead of real world data to back up their assumptions.

What happens if we separate the belief, assurance, confidence from the true value of an object? What if we take into consideration how much others will want it, believe in it? Gold for example, if taken on it's pure value, how valuable is Gold truly? We must gauge it according to it's uses in Medicine, Electronics, Aeronautics, Dentistry,etc and exclude it's prestige Industries: Jewelery, Finance, Awards, etc.  The value drops dramatically if these sources of demand are excluded from considering it's value, yet people are swayed by it's prestige; So too can an idea, or cause be created by being backed by a coin, and this is not the only reason that coin would gain value.

A coin would gain value by the percentage of the population that are aware of it, by the people who believe in it's purpose, By sheer human generosity, by it's usefulness, the value of it's community, the products that use it, many many reasons, and like all values it would be changing at all times by the priority of all the factors that affect an object and the percentage of actors trading the object actively, plus of course the prestige factor of future gains, speculation.

Bitcoin has solved a lot of things, this is one of them, it is the gateway for all these alt-coins and causes to reach true wealth... Bitcoin links to true wealth directly and the new coins link to it creating a ecosystem of coins.

Now this new paradigm must be viewed as a new operational model and the potential complexity of the system may become apparent: People are creating organizations founded on an idea, a cause, a belief and applying a reward points model around it, in essence we are gamifying the system, people like to be challenged and being able to gauge there success is very appealing to people, Human psychology.

so for example. I create a merge-mined-coin as a general interface for wealth, a portal for hyper-exchangeable  items(fiat, gold, silver, etc) and tack a strongly backed cause, executed with clairvoyant precision(really good interface and marketing) with a excellent POW system in place to gauge the causes success or failure; Those who believe in the work that is being created by the people earning the rewards through the causes POW, will with generosity donate to the system with the understanding that their purchase is helping the cause by monetizing it's value, which at a later time can be redeemed back to them. If the cause is successful as more people become aware of it it will accrue value increasing marketing awareness until it reaches equilibrium of awareness and willing actors to participate in it at their own discretion.

It's a charity/NGO with a reverse payment option tagged to it. We are basically turning a Idea/Belief/Cause into a stock to fund actual real world actions.

And this response does not even address the hyper-complexity of a vast ecosystem of coinified causes... it truly is programmable money, coins within coins within coins, stacked on top of each other.

If you think my efforts are worth something; I'll keep on keeping on.
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November 01, 2013, 04:42:44 PM
 #70

You're trying to enlighten Gavin...Gavin Andresen or you know, only the LEAD DEVELOPER of Bitcoin!  Here let me help you out...


Just because he is the lead developer of Bitcoin, does not mean he understands Devtome to it's fullest.

This thread has now been sent to at least 4,000 facebook pages via private message.

I went on FB search and typed in the following things, then sent it to EVERY page that came up:

Financial
Tech
Blogger
Public
School
Occupy
Ravers
Electric Daisy
Adult Swim
Cartoon Network
CNN
News
Boulder
Colorado Springs
Telluride
Mckinney Texas
and many many more (plus I'm sending more now)

My Negative Rating is For Bringing a Dead Thread Back to Life, Just BTW. Click The Link To See For Yourself.
https://bitcointalk.org/index.php?action=trust;u=155011
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November 01, 2013, 04:57:57 PM
 #71

I feel like we're talking past each other.

You said:  dev coin is a good model-- e.g. writer creates something, uses devcoin, 90% goes to them, 10% to devcoin miner.

I don't understand why a writer wouldn't just use dollars-- create something, sell it for dollars, writer keeps 96%, PayPal gets 4% for processing the transaction.

Or Bitcoin: create something, sell it for Bitcoin, writer keeps 99% BitPay gets 1% for processing the transaction (Bitcoin can do this because it is more efficient than PayPal/credit card/traditional fiat, that is where the wealth is created).

Or is there some magical way that using an alt coin creates wealth out of thin air?  I don't see it....

On the larger topic of creating wealth, accretion of wealth must be seen beyond the Efficient Markets hypothesis, that rational actors gauge the intrinsic value of a object, commodity, stock based on sound real world information. The standard interpretation is that the Gold has value because I can exchange it, but what is gold backed by? belief that it can be redeemed, no one can eat gold, but it is precious theoretically because people use it for art and technology... yet, somehow the majority of traders, trade based on trends instead of real world data to back up their assumptions.

What happens if we separate the belief, assurance, confidence from the true value of an object? What if we take into consideration how much others will want it, believe in it? Gold for example, if taken on it's pure value, how valuable is Gold truly? We must gauge it according to it's uses in Medicine, Electronics, Aeronautics, Dentistry,etc and exclude it's prestige Industries: Jewelery, Finance, Awards, etc.  The value drops dramatically if these sources of demand are excluded from considering it's value, yet people are swayed by it's prestige; So too can an idea, or cause be created by being backed by a coin, and this is not the only reason that coin would gain value.

A coin would gain value by the percentage of the population that are aware of it, by the people who believe in it's purpose, By sheer human generosity, by it's usefulness, the value of it's community, the products that use it, many many reasons, and like all values it would be changing at all times by the priority of all the factors that affect an object and the percentage of actors trading the object actively, plus of course the prestige factor of future gains, speculation.

Bitcoin has solved a lot of things, this is one of them, it is the gateway for all these alt-coins and causes to reach true wealth... Bitcoin links to true wealth directly and the new coins link to it creating a ecosystem of coins.

Now this new paradigm must be viewed as a new operational model and the potential complexity of the system may become apparent: People are creating organizations founded on an idea, a cause, a belief and applying a reward points model around it, in essence we are gamifying the system, people like to be challenged and being able to gauge there success is very appealing to people, Human psychology.

so for example. I create a merge-mined-coin as a general interface for wealth, a portal for hyper-exchangeable  items(fiat, gold, silver, etc) and tack a strongly backed cause, executed with clairvoyant precision(really good interface and marketing) with a excellent POW system in place to gauge the causes success or failure; Those who believe in the work that is being created by the people earning the rewards through the causes POW, will with generosity donate to the system with the understanding that their purchase is helping the cause by monetizing it's value, which at a later time can be redeemed back to them. If the cause is successful as more people become aware of it it will accrue value increasing marketing awareness until it reaches equilibrium of awareness and willing actors to participate in it at their own discretion.

It's a charity/NGO with a reverse payment option tagged to it. We are basically turning a Idea/Belief/Cause into a stock to fund actual real world actions.

And this response does not even address the hyper-complexity of a vast ecosystem of coinified causes... it truly is programmable money, coins within coins within coins, stacked on top of each other.

I could NEVER have said it better. Thank you, so much.

My Negative Rating is For Bringing a Dead Thread Back to Life, Just BTW. Click The Link To See For Yourself.
https://bitcointalk.org/index.php?action=trust;u=155011
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November 01, 2013, 05:39:20 PM
 #72

TagBond has a release of a beta android wallet that works with real currency and crypto coins we add to the system (So far Bitcoin, Litecoin, TagCoin, PrimeCoin, PeerCoin, DigitalCoin but please approach us if you are administrators of other coins, or ask  administrators to approach us if you want to see the coin here)

We are giving away 200 TagCoins if you download the android app and install it, register using the phone, then sign in using the website at tagbond.com to get your ID number from your dashboard. (We didn't add the ID to the app, will do in the next update tomorrow)

I will send it to the online account and you can see it appear in the android wallet app, and if you really want I can then transfer it to an address once the promotion is over. We are doing it manually at the moment until the wallet servers are running.

We have a couple of suggestions already and these will go into v4 which will probably be up in a day or so. One suggestion is to click on the TAG logo to refresh the wallet balances, the other is to ask for confirmation before sending.

Once you send me your ID, I will send you 1 TAG, send it back to me using the phone and I will send 2 back.

First 100 posters on this forum only..:-)

http://tagcoin.org/TagCash_V3.0.apk

As an extra feature, whoever has an rfid or NFC tag and binds it their account using an NFC phone gets a bonus of 5 TAG while this promotion is on. Simply login to the app, tap an rfid smart card, nfc tag, to the phone and it will ask to bind it your account ID. Then tell me your ID so I can check and I will send you 5 TAG

Installed the android app.  ID 4218
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November 01, 2013, 07:42:00 PM
 #73

TagBond has a release of a beta android wallet that works with real currency and crypto coins we add to the system (So far Bitcoin, Litecoin, TagCoin, PrimeCoin, PeerCoin, DigitalCoin but please approach us if you are administrators of other coins, or ask  administrators to approach us if you want to see the coin here)

We are giving away 200 TagCoins if you download the android app and install it, register using the phone, then sign in using the website at tagbond.com to get your ID number from your dashboard. (We didn't add the ID to the app, will do in the next update tomorrow)

I will send it to the online account and you can see it appear in the android wallet app, and if you really want I can then transfer it to an address once the promotion is over. We are doing it manually at the moment until the wallet servers are running.

We have a couple of suggestions already and these will go into v4 which will probably be up in a day or so. One suggestion is to click on the TAG logo to refresh the wallet balances, the other is to ask for confirmation before sending.

Once you send me your ID, I will send you 1 TAG, send it back to me using the phone and I will send 2 back.

First 100 posters on this forum only..:-)

http://tagcoin.org/TagCash_V3.0.apk

As an extra feature, whoever has an rfid or NFC tag and binds it their account using an NFC phone gets a bonus of 5 TAG while this promotion is on. Simply login to the app, tap an rfid smart card, nfc tag, to the phone and it will ask to bind it your account ID. Then tell me your ID so I can check and I will send you 5 TAG

Installed the android app.  ID 4218




they have nice app, i instaled it and did the job

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November 01, 2013, 09:16:57 PM
 #74

Now to address the Hyper-complexity of the multi-coin paradigm without taking into account the individual programability of each coin.

Different systems will react differently when interacting with each other, but they must work within the same framework.

Imagine a world where there are thousands of POW Coins in circulation in different niches fulfilling different roles.
In low economic areas, a Demurriage Coin is in circulation to enhance commerce, in areas where inflationary coins are required they will work there, others that need a deflationary one will have that and they will interact with each other to fulfill each zones/organizations goals according to their requirements.

In the deeper system a web of currencies modifying the flow of actions acting as a signaling system for the larger efforts of society in general, people go where the value goes. Imagine a deep interconnection of a designed cryptocoin ecology system, where different specializations of knowledge workers work under different coin systems that they are able to contribute to in exchange for their specialized knowledge, POWs tailored to peoples professions constantly changing if necessary the POW to move the coins local resources in it's specified direction. Each profession entwined and signaled according to the demand of all society to promote their specialized work.
  In a more advanced and larger scope these could be entire signaling systems for world wide efforts, Human efforts controlled by intelligently designed systems fully open-source for our new interconnected world.

the progression could look like this

Objects/Actions - Hyper-exchangeable currencies both Fiat and Crypto - sub-system coins with alternate designs - Organizational coins backing a cause - precise action coins for specific professions - Hyper-flexible self organization of decentralized mega-manufacturer / mega-conglomerate / A.I. Corporation Coins. etc .

These will be remixed and upgraded in ways we cannot foresee; All I can say is it will be an impressive world with very precise metrics on all Human endeavors.

If you think my efforts are worth something; I'll keep on keeping on.
I don't believe in IQ, only in Determination.
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November 01, 2013, 10:36:19 PM
 #75

I went on FB search and typed in the following things, then sent it to EVERY page that came up:

Don't do that; spamming is evil.


RE: hyper-complexity of the multi-coin paradigm:

uhhh...  Were you a postmodern lit major in college?


I've got a pretty simple, but I think fairly accurate, view of money/wealth.

I believe you can't create wealth just by printing money.  You can create the illusion of wealth (and I imagine some Keynesians would argue the illusion is enough to lubricate the economy and somehow increase productivity and growth and wealth; lets set aside that argument).

You can create wealth by making it easier for people to transact (and money is the world's best invention for doing that, barter is terribly inefficient).

I'm still stuck on how y'all think altcoins create wealth. I don't see any of them being any easier to transact than Bitcoin.

How often do you get the chance to work on a potentially world-changing project?
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November 02, 2013, 12:31:11 AM
 #76

"Don't put all your eggs into one basket."

~ To avoid this situation we require more than one egg and more than one basket.  Grin

When I returned to this forum I worried that the plethora of alt. coins were stealing liquidity from the Bitcoin market with new exchanges being based in BTC i.e. BTC/LTC etc. Although a logical progression I think this partly explains the recent down trend, actually it was a major factor.

In terms of fiat we are all aware (or should be aware) that Bitcoin does in fact have comparatively low levels of market liquidity.

Alt. coins are a double edge sword. Some will rise, some will fall and others will completely disappear. The markets and the people will decide which flavor they like best. If bitcoin is the kernel then alt. coins are like distros !

Do these numerous alt. coins (and associated markets) reduce bitcoins credibility or actually increase exposure ? Therefore, isn't an 'alt. coin for everyone' just long-term beneficial for bitcoin and crypto ? Undoubtedly, bitcoin is currently positioned at the center of these new markets. I see 'money' flowing into crypto-currencies from all sides and most importantly out of fiat.

Money is only really money when its moving. I've said it many times.

A couple of billionaires can easily move money into Bitcoin and create market liquidity (some did). However, we will only really know that were getting somewhere when a billion people have moved at least a dollar into crypto (and spend it).

I say create as many alt. coins as humanly possible until the world wakes up to the fact that fiat money is broken and ridiculous.

Be your own bank. Make whatever 'money' you want (the corrupt capitalist overloads do this anyway). Free software for freedom. Free money for everyone.

In the early days of bitcoin I said that the best way forward would be to get as many people as possible to start using bitcoin as quickly as possible.

I'll stand by that. No money without the majority.

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November 02, 2013, 02:47:20 AM
 #77

Now to address the Hyper-complexity of the multi-coin paradigm without taking into account the individual programability of each coin.

Different systems will react differently when interacting with each other, but they must work within the same framework.

Imagine a world where there are thousands of POW Coins in circulation in different niches fulfilling different roles.
In low economic areas, a Demurriage Coin is in circulation to enhance commerce, in areas where inflationary coins are required they will work there, others that need a deflationary one will have that and they will interact with each other to fulfill each zones/organizations goals according to their requirements.

In the deeper system a web of currencies modifying the flow of actions acting as a signaling system for the larger efforts of society in general, people go where the value goes. Imagine a deep interconnection of a designed cryptocoin ecology system, where different specializations of knowledge workers work under different coin systems that they are able to contribute to in exchange for their specialized knowledge, POWs tailored to peoples professions constantly changing if necessary the POW to move the coins local resources in it's specified direction. Each profession entwined and signaled according to the demand of all society to promote their specialized work.
  In a more advanced and larger scope these could be entire signaling systems for world wide efforts, Human efforts controlled by intelligently designed systems fully open-source for our new interconnected world.

the progression could look like this

Objects/Actions - Hyper-exchangeable currencies both Fiat and Crypto - sub-system coins with alternate designs - Organizational coins backing a cause - precise action coins for specific professions - Hyper-flexible self organization of decentralized mega-manufacturer / mega-conglomerate / A.I. Corporation Coins. etc .

These will be remixed and upgraded in ways we cannot foresee; All I can say is it will be an impressive world with very precise metrics on all Human endeavors.

I think this will almost happen on its own. This is THE coin website, so everyone will be finding their developers here.

And Im thinking the term "Micro-Currency" instead of "Altcoin".

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November 02, 2013, 02:48:51 AM
 #78

I went on FB search and typed in the following things, then sent it to EVERY page that came up:

Don't do that; spamming is evil.


RE: hyper-complexity of the multi-coin paradigm:

uhhh...  Were you a postmodern lit major in college?


I've got a pretty simple, but I think fairly accurate, view of money/wealth.

I believe you can't create wealth just by printing money.  You can create the illusion of wealth (and I imagine some Keynesians would argue the illusion is enough to lubricate the economy and somehow increase productivity and growth and wealth; lets set aside that argument).

You can create wealth by making it easier for people to transact (and money is the world's best invention for doing that, barter is terribly inefficient).

I'm still stuck on how y'all think altcoins create wealth. I don't see any of them being any easier to transact than Bitcoin.

The wealth is not in the "printed money" you are missing the point. The wealth is in the company that invests its time in the coin, and the people that will work for the coin.

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November 02, 2013, 02:50:34 AM
 #79

"Don't put all your eggs into one basket."

~ To avoid this situation we require more than one egg and more than one basket.  Grin

When I returned to this forum I worried that the plethora of alt. coins were stealing liquidity from the Bitcoin market with new exchanges being based in BTC i.e. BTC/LTC etc. Although a logical progression I think this partly explains the recent down trend, actually it was a major factor.

In terms of fiat we are all aware (or should be aware) that Bitcoin does in fact have comparatively low levels of market liquidity.

Alt. coins are a double edge sword. Some will rise, some will fall and others will completely disappear. The markets and the people will decide which flavor they like best. If bitcoin is the kernel then alt. coins are like distros !

Do these numerous alt. coins (and associated markets) reduce bitcoins credibility or actually increase exposure ? Therefore, isn't an 'alt. coin for everyone' just long-term beneficial for bitcoin and crypto ? Undoubtedly, bitcoin is currently positioned at the center of these new markets. I see 'money' flowing into crypto-currencies from all sides and most importantly out of fiat.

Money is only really money when its moving. I've said it many times.

A couple of billionaires can easily move money into Bitcoin and create market liquidity (some did). However, we will only really know that were getting somewhere when a billion people have moved at least a dollar into crypto (and spend it).

I say create as many alt. coins as humanly possible until the world wakes up to the fact that fiat money is broken and ridiculous.

Be your own bank. Make whatever 'money' you want (the corrupt capitalist overloads do this anyway). Free software for freedom. Free money for everyone.

In the early days of bitcoin I said that the best way forward would be to get as many people as possible to start using bitcoin as quickly as possible.

I'll stand by that. No money without the majority.

I agree, once this happens bitcoin won't be a "maybe" to the world. It will just be a fact of life on earth.

My Negative Rating is For Bringing a Dead Thread Back to Life, Just BTW. Click The Link To See For Yourself.
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November 02, 2013, 02:58:17 AM
 #80

The wealth is not in the "printed money" you are missing the point. The wealth is in the company that invests its time in the coin, and the people that will work for the coin.

Mmm.  Maybe.

That sounds a lot like the alternative local currency movement-- create a local currency that somehow expresses the local community's values.

I'm probably just a too-logical, cold-hearted geek, but building community around a currency doesn't strike a chord with me. To me, community is about people, and a currency is just a tool for transactions. I guess an analogy would be a bunch of carpenters who build a community around some Extra Special brand of nails that they create and trade amongst themselves.


How often do you get the chance to work on a potentially world-changing project?
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November 02, 2013, 06:46:14 AM
 #81

The wealth is not in the "printed money" you are missing the point. The wealth is in the company that invests its time in the coin, and the people that will work for the coin.

Mmm.  Maybe.

That sounds a lot like the alternative local currency movement-- create a local currency that somehow expresses the local community's values.

I'm probably just a too-logical, cold-hearted geek, but building community around a currency doesn't strike a chord with me. To me, community is about people, and a currency is just a tool for transactions. I guess an analogy would be a bunch of carpenters who build a community around some Extra Special brand of nails that they create and trade amongst themselves.




How that can be alternactive when BTC price is fluctuating crazy, now 150 nex day 220 then again 170

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November 02, 2013, 07:57:06 AM
 #82

The wealth is not in the "printed money" you are missing the point. The wealth is in the company that invests its time in the coin, and the people that will work for the coin.

Mmm.  Maybe.

That sounds a lot like the alternative local currency movement-- create a local currency that somehow expresses the local community's values.

I'm probably just a too-logical, cold-hearted geek, but building community around a currency doesn't strike a chord with me. To me, community is about people, and a currency is just a tool for transactions. I guess an analogy would be a bunch of carpenters who build a community around some Extra Special brand of nails that they create and trade amongst themselves.




~and they build crosses to go with the nails?  Grin

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November 02, 2013, 01:29:02 PM
 #83

The wealth is not in the "printed money" you are missing the point. The wealth is in the company that invests its time in the coin, and the people that will work for the coin.

Mmm.  Maybe.

That sounds a lot like the alternative local currency movement-- create a local currency that somehow expresses the local community's values.

I'm probably just a too-logical, cold-hearted geek, but building community around a currency doesn't strike a chord with me. To me, community is about people, and a currency is just a tool for transactions. I guess an analogy would be a bunch of carpenters who build a community around some Extra Special brand of nails that they create and trade amongst themselves.



There is still a point you are missing. The plan is not to have communities to pop up around coins, but coins to pop up in existing communities (groups, charities, companies, etc)

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November 02, 2013, 01:31:32 PM
 #84

And you know I am hoping to let people build those communities and use whatever coin they want.

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November 02, 2013, 01:32:03 PM
 #85

Basically, this will eventually replace:
Coupons
Gift Cards
Pay Checks or at least bonuses
Barter Point
Rewards Programs
Etc



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November 02, 2013, 01:44:26 PM
 #86

And when like 1/10 companies have their own coin, bitcoin will basically be used to buy anything you want. You just have to buy the coin that you can spend at the place you want to buy things.

And using wallet apps, people could buy things in person.

It's like when people lived in corporate town s and got paid money that only worked at corporate shops. Except we have the Internet, so we can all trade for what coins we want.

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November 02, 2013, 02:13:46 PM
 #87

If anyone would like to get paid for making coins, I suggest posting your email and price of development in this thread. But before you do that, look up the Devcoin code just so you can see the difference between it and a normal coin. It creates payment within a community, outside of mining.

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November 02, 2013, 02:45:30 PM
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I have another idea for our TagCoin, or any crypto that is integrated with tagbond rewards. Because it is a digital representation on our wallet system, backed by the crypto that was deposited, anyway can give tips in the same way as Flatter, using buttons on a site to ask for instant donations. Faster than crypto wallets...I button press, enter the amount and it is done...it just shows up instantly in the other users wallet, and if he doesn't have one, one will be created automatically for them. Great for donations, anonymous or otherwise...

Any other ideas on this topic?..

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November 02, 2013, 03:31:46 PM
 #89


I'm still stuck on how y'all think altcoins create wealth. I don't see any of them being any easier to transact than Bitcoin.


I'll try to keep this short. 

I believe BTC protocol creates wealth because of the value it adds to the system. It allows for fast and cheap transfers world wide. It prevents a central authority from destroying the currency at it own whims.  It is a store of wealth.  Any of these things can be done with other services or instruments; PayPal, Gold, fiat. BTC just does it better.

Now enter Alts. If the alt adds nothing new to BTC it adds very little value. It does add some value, as it allows for the acquisition of BTC, from some other means, other then buying or mining BTC directly. Both of which can be difficult and expensive.

Alt Coins that add new features to BTC, add true wealth. Example Proof of Stake, which now allows for much higher energy efficiency of inflating a crypto. A big issue for BTC.   

Obviously some of these features could be added BTC, some maybe can not.

In short I think alt coins are a mixed bag. Creating one simply to pump and dump, is damaging to the system, but hey it is a free market. Creating ones to improve and enhance BTC is a good thing! IMHO...

HBN: https://bitcointalk.org/index.php?topic=303749.0
hobonickels.info HBN F1TranzWqFGZyFeTMu6iLbtTQgdXuJPsiL
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November 02, 2013, 04:12:41 PM
 #90


I'm still stuck on how y'all think altcoins create wealth. I don't see any of them being any easier to transact than Bitcoin.


I'll try to keep this short.  

I believe BTC protocol creates wealth because of the value it adds to the system. It allows for fast and cheap transfers world wide. It prevents a central authority from destroying the currency at it own whims.  It is a store of wealth.  Any of these things can be done with other services or instruments; PayPal, Gold, fiat. BTC just does it better.

Now enter Alts. If the alt adds nothing new to BTC it adds very little value. It does add some value, as it allows for the acquisition of BTC, from some other means, other then buying or mining BTC directly. Both of which can be difficult and expensive.

Alt Coins that add new features to BTC, add true wealth. Example Proof of Stake, which now allows for much higher energy efficiency of inflating a crypto. A big issue for BTC.  

Obviously some of these features could be added BTC, some maybe can not.

In short I think alt coins are a mixed bag. Creating one simply to pump and dump, is damaging to the system, but hey it is a free market. Creating ones to improve and enhance BTC is a good thing! IMHO...
Exactly. The current philosophy of "create coins for fun" but "mining is what we consider fun" can not last forever. Eventually people are going to realize that many of these coins have nothing supporting then except an [ANN] thread.

Coins should not be made to trade for bitcoin. Coins should be made to bridge the gap between bitcoin and the public.

My Negative Rating is For Bringing a Dead Thread Back to Life, Just BTW. Click The Link To See For Yourself.
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November 02, 2013, 04:21:47 PM
 #91

If anyone would like to get paid for making coins, I suggest posting your email and price of development in this thread. But before you do that, look up the Devcoin code just so you can see the difference between it and a normal coin. It creates payment within a community, outside of mining.

Devcoin is a shoddy pos coin! lol

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November 02, 2013, 04:24:45 PM
 #92

I have another idea for our TagCoin, or any crypto that is integrated with tagbond rewards. Because it is a digital representation on our wallet system, backed by the crypto that was deposited, anyway can give tips in the same way as Flatter, using buttons on a site to ask for instant donations. Faster than crypto wallets...I button press, enter the amount and it is done...it just shows up instantly in the other users wallet, and if he doesn't have one, one will be created automatically for them. Great for donations, anonymous or otherwise...

Any other ideas on this topic?..

I'm working on a forthcoming exchange type coin based in California ~New York ...spring 2014 full rollout! =)

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November 02, 2013, 04:25:06 PM
 #93

I write in a way that I can express my train of thoughts more precisely, and yeah I have read a lot of books.

I know there is a limited amount of true wealth in the world and that gets diluted by the number of active investments in the world.

Bitcoin has gained it's value by being magnitudes more efficient, and soon much better designed than the banking system that it will replace; This is why it is appreciating in value, the people see what it is worth and are rallying their economic power around it, they know it is better, too long has the technological potential of our minds been held back by ancient obsolete systems.

This is where Bitcoin is  getting it's wealth from, it's simply a better way of exchaning wealth.

The Alt-coins have limited potential simply because they are the same as Bitcoin, only small improvements or worse. The time and effort required to move to them would require another advantage that will have to be determined for that particular coin. It will gain a little wealth, but it must start at zero to assess it's value properly.

so I as well cannot determine where the wealth of these coins is coming from, A POW advantage can attract a specific type of person to complete the human challenges.

Devcoin is a great start, but it is definitely very badly executed, bad interface, limited scope for it's mission, not diverse enough, no place for it's members to congregate and exchange ideas more effectively, but someone will figure it out.

 

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November 02, 2013, 04:26:18 PM
 #94


I'm still stuck on how y'all think altcoins create wealth. I don't see any of them being any easier to transact than Bitcoin.


I'll try to keep this short.  

I believe BTC protocol creates wealth because of the value it adds to the system. It allows for fast and cheap transfers world wide. It prevents a central authority from destroying the currency at it own whims.  It is a store of wealth.  Any of these things can be done with other services or instruments; PayPal, Gold, fiat. BTC just does it better.

Now enter Alts. If the alt adds nothing new to BTC it adds very little value. It does add some value, as it allows for the acquisition of BTC, from some other means, other then buying or mining BTC directly. Both of which can be difficult and expensive.

Alt Coins that add new features to BTC, add true wealth. Example Proof of Stake, which now allows for much higher energy efficiency of inflating a crypto. A big issue for BTC.  

Obviously some of these features could be added BTC, some maybe can not.

In short I think alt coins are a mixed bag. Creating one simply to pump and dump, is damaging to the system, but hey it is a free market. Creating ones to improve and enhance BTC is a good thing! IMHO...
Exactly. The current philosophy of "create coins for fun" but "mining is what we consider fun" can not last forever. Eventually people are going to realize that many of these coins have nothing supporting then except an [ANN] thread.

Coins should not be made to trade for bitcoin. Coins should be made to bridge the gap between bitcoin and the public.


it's called cryptsy my dude,,, use it wisely!  Cool

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November 02, 2013, 04:30:13 PM
 #95

I write in a way that I can express my train of thoughts more precisely, and yeah I have read a lot of books.

I know there is a limited amount of true wealth in the world and that gets diluted by the number of active investments in the world.

Bitcoin has gained it's value by being magnitudes more efficient, and soon much better designed than the banking system that it will replace; This is why it is appreciating in value, the people see what it is worth and are rallying their economic power around it, they know it is better, too long has the technological potential of our minds been held back by ancient obsolete systems.

This is where Bitcoin is  getting it's wealth from, it's simply a better way of exchaning wealth.

The Alt-coins have limited potential simply because they are the same as Bitcoin, only small improvements or worse. The time and effort required to move to them would require another advantage that will have to be determined for that particular coin. It will gain a little wealth, but it must start at zero to assess it's value properly.

so I as well cannot determine where the wealth of these coins is coming from, A POW advantage can attract a specific type of person to complete the human challenges.

Devcoin is a great start, but it is definitely very badly executed, bad interface, limited scope for it's mission, not diverse enough, no place for it's members to congregate and exchange ideas more effectively, but someone will figure it out.

 



re:

" I as well cannot determine where the wealth of these coins is coming from, "



what name is supporting it? MST i'm buying all basing on a legal issue with MSC devs , two coins with the same name!  Cool wwhattt?







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November 02, 2013, 04:59:12 PM
 #96


I'm still stuck on how y'all think altcoins create wealth. I don't see any of them being any easier to transact than Bitcoin.


I'll try to keep this short.  

I believe BTC protocol creates wealth because of the value it adds to the system. It allows for fast and cheap transfers world wide. It prevents a central authority from destroying the currency at it own whims.  It is a store of wealth.  Any of these things can be done with other services or instruments; PayPal, Gold, fiat. BTC just does it better.

Now enter Alts. If the alt adds nothing new to BTC it adds very little value. It does add some value, as it allows for the acquisition of BTC, from some other means, other then buying or mining BTC directly. Both of which can be difficult and expensive.

Alt Coins that add new features to BTC, add true wealth. Example Proof of Stake, which now allows for much higher energy efficiency of inflating a crypto. A big issue for BTC.  

Obviously some of these features could be added BTC, some maybe can not.

In short I think alt coins are a mixed bag. Creating one simply to pump and dump, is damaging to the system, but hey it is a free market. Creating ones to improve and enhance BTC is a good thing! IMHO...
Exactly. The current philosophy of "create coins for fun" but "mining is what we consider fun" can not last forever. Eventually people are going to realize that many of these coins have nothing supporting then except an [ANN] thread.

Coins should not be made to trade for bitcoin. Coins should be made to bridge the gap between bitcoin and the public.


it's called cryptsy my dude,,, use it wisely!  Cool

How do you earn coins with crypsty, without already having coins?

My Negative Rating is For Bringing a Dead Thread Back to Life, Just BTW. Click The Link To See For Yourself.
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November 02, 2013, 05:01:20 PM
 #97

I write in a way that I can express my train of thoughts more precisely, and yeah I have read a lot of books.

I know there is a limited amount of true wealth in the world and that gets diluted by the number of active investments in the world.

Bitcoin has gained it's value by being magnitudes more efficient, and soon much better designed than the banking system that it will replace; This is why it is appreciating in value, the people see what it is worth and are rallying their economic power around it, they know it is better, too long has the technological potential of our minds been held back by ancient obsolete systems.

This is where Bitcoin is  getting it's wealth from, it's simply a better way of exchaning wealth.

The Alt-coins have limited potential simply because they are the same as Bitcoin, only small improvements or worse. The time and effort required to move to them would require another advantage that will have to be determined for that particular coin. It will gain a little wealth, but it must start at zero to assess it's value properly.

so I as well cannot determine where the wealth of these coins is coming from, A POW advantage can attract a specific type of person to complete the human challenges.

Devcoin is a great start, but it is definitely very badly executed, bad interface, limited scope for it's mission, not diverse enough, no place for it's members to congregate and exchange ideas more effectively, but someone will figure it out.

 
I tried to talk the Devcoin community into doing some of these things when I first started writing for devtome, they told me they don't have the money to solve those problems though. And they won't until people see the good it can do.

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November 02, 2013, 05:34:08 PM
 #98

OP

Devcoin is a very decentralized system, I have been observing it for a while now.

I have noticed that for things to move forward there are different people in charge in different places.
The website is managed by one person, the registration by another, etc. It promotes diversity by asking for others to show some initiative in creating something better, but even getting added to the list of Devcoins recipients needs to be changed.

If someone cannot create a website or a system for rating, promoting, more content to distribute Devcoins to, it will die without a doubt. There must be an easier way to get signed up to the Devcoin distribution list if one is not a writer. Someone may have to create a Micro-coin to be able to distribute coins to musicians and painters, with the accompanying website or app for sharing their creations easily to be added to their running tally.

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November 02, 2013, 07:18:01 PM
 #99

OP

Devcoin is a very decentralized system, I have been observing it for a while now.

I have noticed that for things to move forward there are different people in charge in different places.
The website is managed by one person, the registration by another, etc. It promotes diversity by asking for others to show some initiative in creating something better, but even getting added to the list of Devcoins recipients needs to be changed.

If someone cannot create a website or a system for rating, promoting, more content to distribute Devcoins to, it will die without a doubt. There must be an easier way to get signed up to the Devcoin distribution list if one is not a writer. Someone may have to create a Micro-coin to be able to distribute coins to musicians and painters, with the accompanying website or app for sharing their creations easily to be added to their running tally.

This is exactly what I am saying. I suggested they accept other languages, and pay people to be translators and they said they just don't have the staff for that. And I suggesting adding systems to pay people for movie, book and game reviews as well as videos and art, and they said they just don't have the support.

Devtome needs MORE writers doing MORE things, so people can see the use of the system.

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November 02, 2013, 08:34:48 PM
 #100

But will they be able to pull together in time? I have noticed several mentions to limiting the number of writers because of the shares, but that diversification is necessary for upward movement at this point in time; They have hit rock bottom, almost, just 25 satoshi's to go.

other factors I've noticed is the lack of instructions to be a recipient of devcoins, they should be able to make affiliate websites for different developer communities. Knowing who to talk to, to link the community to Devcoin could save it... I am sure there are many communities out there who would like a creative incentive system. But of course we suffer from, not I, we will wait till someone does.

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November 02, 2013, 08:47:36 PM
 #101

Rather than more blockchains, which are afterall a ridiculously expensive format due to the cost of protection from 51% attack and so on, the plan is to use Open Transactions to branch out the DeVCoin system into more artistic and creative fields. Various domains have been acquired toward those goals but maybe some of the delay might have been due to problems trying to get all the required domains. So a lot has already been moving behind the scenes, it was not considered a good idea to talk a lot about those efforts before securing all the relevant domains otherwise we'd likely just find domain squatters grabbing all the domains they could predict from our discussions that we would be wanting.

Maybe if all the domains have at last been secured we could finally talk about those plans...

-MarkM-

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November 02, 2013, 09:33:15 PM
 #102

The most successful coins will be the ones that fight for mainstream adoption. Peercoin isn't trying to be the poor man's Bitcoin, we're looking to introduce a large number of new people to crypto such as the Trekcon event:

https://bitcointalk.org/index.php?topic=322818.0





JustaBitofTime - Co-Founder of CoinTropolis - Currently assisting Nxt
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November 02, 2013, 10:47:46 PM
 #103

But will they be able to pull together in time? I have noticed several mentions to limiting the number of writers because of the shares, but that diversification is necessary for upward movement at this point in time; They have hit rock bottom, almost, just 25 satoshi's to go.

other factors I've noticed is the lack of instructions to be a recipient of devcoins, they should be able to make affiliate websites for different developer communities. Knowing who to talk to, to link the community to Devcoin could save it... I am sure there are many communities out there who would like a creative incentive system. But of course we suffer from, not I, we will wait till someone does.

I don't think they have considered limiting the number if writers, but the max number of shares a writer can get per round.

And it's not "will they pull together in time" it's "when will everyone realize they aren't shit". As soon as the value of the coin goes up, so does the rate of development.

When I said that I asked them to add payment for video and art, those were affiliate site suggestions. And again they said the only obstical was funding.

And as far as instruction I plan on making videos for all the useful alt coins soon, explaining what they are and how exactly to get them, for everyone on YouTube.

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November 02, 2013, 10:52:36 PM
 #104

The most successful coins will be the ones that fight for mainstream adoption. Peercoin isn't trying to be the poor man's Bitcoin, we're looking to introduce a large number of new people to crypto such as the Trekcon event:

https://bitcointalk.org/index.php?topic=322818.0






It's not about being a "poor mans coin" it's about bringing people in board that can't or won't buy or mine coins. Which is most of the world.

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November 02, 2013, 10:57:49 PM
 #105

If you haves been subscribed to this thread for a while and read the first post a long time ago, might want to re-read it, just because I've added a lot since the first day I posted it.

And if anyone would like to start a chain email or something using the link to this page, please do. My email is in the first post and I will send it to my contacts.

And if you have ever wanted to run for office in your town, being the owner of a town coin that had the potential to reduce the need for taxes, would be a pretty good platform.

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November 02, 2013, 11:08:11 PM
 #106

ohhh so much altcoins, 10 % will survire 90% wouldnt

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November 02, 2013, 11:09:29 PM
 #107

The most successful coins will be the ones that fight for mainstream adoption. Peercoin isn't trying to be the poor man's Bitcoin, we're looking to introduce a large number of new people to crypto such as the Trekcon event:

https://bitcointalk.org/index.php?topic=322818.0






It's not about being a "poor mans coin" it's about bringing people in board that can't or won't buy or mine coins. Which is most of the world.

All I'm saying is a lot of coins are trying to be the next Litecoin, that's not the path of the Peercoin community. We're out there making the phone calls, spending the time to explain how coins can benefit a business. The coins that sit around and argue about nerd stats that no-one outside the community cares about are in for a rude awakening when they start approaching businesses with that mentality.  I believe the top alts will make a difference.

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November 02, 2013, 11:12:49 PM
 #108

ohhh so much altcoins, 10 % will survire 90% wouldnt

The point of this thread is that alt coins will start to be made with purpose. So it's not really about which current coins will stay, but which up and coming coin will leave them in the technological dust.

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November 02, 2013, 11:15:15 PM
 #109

The most successful coins will be the ones that fight for mainstream adoption. Peercoin isn't trying to be the poor man's Bitcoin, we're looking to introduce a large number of new people to crypto such as the Trekcon event:

https://bitcointalk.org/index.php?topic=322818.0






It's not about being a "poor mans coin" it's about bringing people in board that can't or won't buy or mine coins. Which is most of the world.

All I'm saying is a lot of coins are trying to be the next Litecoin, that's not the path of the Peercoin community. We're out there making the phone calls, spending the time to explain how coins can benefit a business. The coins that sit around and argue about nerd stats that no-one outside the community cares about are in for a rude awakening when they start approaching businesses with that mentality.  I believe the top alts will make a difference.

That is a good start, but imagine if 10% of peer coin blocks mined went straight into the wallets of a telemarketing team, based on the number of phone calls they made in a month or something.

You would have advertising that drove itself. New blood would come every day for the opportunity to read a few wikis, and get paid to read them to others on the phone.

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November 02, 2013, 11:16:09 PM
 #110

ohhh so much altcoins, 10 % will survire 90% wouldnt

The point of this thread is that alt coins will start to be made with purpose. So it's not really about which current coins will stay, but which up and coming coin will leave them in the technological dust.


LTC, FTC and CGB will deffinetly survive for others i dont know. You probably asking yourself why i mentioned CGB. I am following it for a long time and i can tell you that they are many ppl interested in this coin and they are many holders

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November 02, 2013, 11:22:07 PM
 #111

ohhh so much altcoins, 10 % will survire 90% wouldnt

The point of this thread is that alt coins will start to be made with purpose. So it's not really about which current coins will stay, but which up and coming coin will leave them in the technological dust.


LTC, FTC and CGB will deffinetly survive for others i dont know. You probably asking yourself why i mentioned CGB. I am following it for a long time and i can tell you that they are many ppl interested in this coin and they are many holders

I believe in litecoin, as it has solidified a place as "bitcoin silver". I simply do not know enough about the other 2 to make a call.

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November 02, 2013, 11:30:36 PM
 #112

ohhh so much altcoins, 10 % will survire 90% wouldnt

The point of this thread is that alt coins will start to be made with purpose. So it's not really about which current coins will stay, but which up and coming coin will leave them in the technological dust.


LTC, FTC and CGB will deffinetly survive for others i dont know. You probably asking yourself why i mentioned CGB. I am following it for a long time and i can tell you that they are many ppl interested in this coin and they are many holders

I believe in litecoin, as it has solidified a place as "bitcoin silver". I simply do not know enough about the other 2 to make a call.


Everyone has his own belivings and they think that one is the best, i have mine and i am sure cuz i am reading a lot about coins and following them for a long term

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November 02, 2013, 11:40:20 PM
 #113

ohhh so much altcoins, 10 % will survire 90% wouldnt

The point of this thread is that alt coins will start to be made with purpose. So it's not really about which current coins will stay, but which up and coming coin will leave them in the technological dust.


LTC, FTC and CGB will deffinetly survive for others i dont know. You probably asking yourself why i mentioned CGB. I am following it for a long time and i can tell you that they are many ppl interested in this coin and they are many holders

I believe in litecoin, as it has solidified a place as "bitcoin silver". I simply do not know enough about the other 2 to make a call.


Everyone has his own belivings and they think that one is the best, i have mine and i am sure cuz i am reading a lot about coins and following them for a long term
I do not "follow" any coin, and the only time I ever bought a bitcoin for USD was when they were $30 ea. I get Devcoins free, and it's the only reason I'm even involved in anything.

I'm not sharing beliefs, just letting you know: after me comes the flood.

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November 02, 2013, 11:43:13 PM
 #114

i earned most of my BTCs by trading alts, and still doing such thing. LIKE TO TRADE Smiley

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November 03, 2013, 12:50:38 AM
 #115

Please share this video:
http://www.youtube.com/watch?v=RnJSbFu3xhM

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November 03, 2013, 01:50:47 AM
 #116

Also, to anyone interested, this would be an amazing guerrilla marketing technique.

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November 03, 2013, 02:29:55 AM
 #117

What if everyone made a coin for their children as they were born?
No one would be born into debt, and we would all basically be independent nations.

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November 03, 2013, 04:57:05 AM
 #118

Rather than more blockchains, which are afterall a ridiculously expensive format due to the cost of protection from 51% attack and so on, the plan is to use Open Transactions to branch out the DeVCoin system into more artistic and creative fields. Various domains have been acquired toward those goals but maybe some of the delay might have been due to problems trying to get all the required domains. So a lot has already been moving behind the scenes, it was not considered a good idea to talk a lot about those efforts before securing all the relevant domains otherwise we'd likely just find domain squatters grabbing all the domains they could predict from our discussions that we would be wanting.

Maybe if all the domains have at last been secured we could finally talk about those plans...

-MarkM-


So Mark what is Devcoins vision? what is it capable of? What is happening now?

If you think my efforts are worth something; I'll keep on keeping on.
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November 03, 2013, 05:06:27 AM
 #119

Hopefully climb in price is the consensus
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November 03, 2013, 07:26:17 AM
 #120

What if everyone made a coin for their children as they were born?
No one would be born into debt, and we would all basically be independent nations.


And no coin wuold worth anything

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November 03, 2013, 01:37:32 PM
 #121

What if everyone made a coin for their children as they were born?
No one would be born into debt, and we would all basically be independent nations.


And no coin wuold worth anything

No coin is worth anything when it is made. Just like bitcoin. The community and their goals and achievements are what give them value. Just like the USD.

And a coin based on a child's future is inherently better than a coin that is meant for "the fun of mining".

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November 03, 2013, 01:42:34 PM
 #122

Rather than more blockchains, which are afterall a ridiculously expensive format due to the cost of protection from 51% attack and so on, the plan is to use Open Transactions to branch out the DeVCoin system into more artistic and creative fields. Various domains have been acquired toward those goals but maybe some of the delay might have been due to problems trying to get all the required domains. So a lot has already been moving behind the scenes, it was not considered a good idea to talk a lot about those efforts before securing all the relevant domains otherwise we'd likely just find domain squatters grabbing all the domains they could predict from our discussions that we would be wanting.

Maybe if all the domains have at last been secured we could finally talk about those plans...

-MarkM-


So Mark what is Devcoins vision? what is it capable of? What is happening now?

http://devtome.com/doku.php?id=devcoin_bounty
Everything from flavored water, to 3D printer designs, to space shuttles.

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November 03, 2013, 02:24:30 PM
 #123


I'm still stuck on how y'all think altcoins create wealth. I don't see any of them being any easier to transact than Bitcoin.


I'll try to keep this short.  

I believe BTC protocol creates wealth because of the value it adds to the system. It allows for fast and cheap transfers world wide. It prevents a central authority from destroying the currency at it own whims.  It is a store of wealth.  Any of these things can be done with other services or instruments; PayPal, Gold, fiat. BTC just does it better.

Now enter Alts. If the alt adds nothing new to BTC it adds very little value. It does add some value, as it allows for the acquisition of BTC, from some other means, other then buying or mining BTC directly. Both of which can be difficult and expensive.

Alt Coins that add new features to BTC, add true wealth. Example Proof of Stake, which now allows for much higher energy efficiency of inflating a crypto. A big issue for BTC.  

Obviously some of these features could be added BTC, some maybe can not.

In short I think alt coins are a mixed bag. Creating one simply to pump and dump, is damaging to the system, but hey it is a free market. Creating ones to improve and enhance BTC is a good thing! IMHO...
Exactly. The current philosophy of "create coins for fun" but "mining is what we consider fun" can not last forever. Eventually people are going to realize that many of these coins have nothing supporting then except an [ANN] thread.

Coins should not be made to trade for bitcoin. Coins should be made to bridge the gap between bitcoin and the public.


it's called cryptsy my dude,,, use it wisely!  Cool

How do you earn coins with crypsty, without already having coins?


you need some coins?... i got chu!!! Grin big thingz in the works!

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November 03, 2013, 02:28:18 PM
 #124


I'm still stuck on how y'all think altcoins create wealth. I don't see any of them being any easier to transact than Bitcoin.


I'll try to keep this short.  

I believe BTC protocol creates wealth because of the value it adds to the system. It allows for fast and cheap transfers world wide. It prevents a central authority from destroying the currency at it own whims.  It is a store of wealth.  Any of these things can be done with other services or instruments; PayPal, Gold, fiat. BTC just does it better.

Now enter Alts. If the alt adds nothing new to BTC it adds very little value. It does add some value, as it allows for the acquisition of BTC, from some other means, other then buying or mining BTC directly. Both of which can be difficult and expensive.

Alt Coins that add new features to BTC, add true wealth. Example Proof of Stake, which now allows for much higher energy efficiency of inflating a crypto. A big issue for BTC.  

Obviously some of these features could be added BTC, some maybe can not.

In short I think alt coins are a mixed bag. Creating one simply to pump and dump, is damaging to the system, but hey it is a free market. Creating ones to improve and enhance BTC is a good thing! IMHO...
Exactly. The current philosophy of "create coins for fun" but "mining is what we consider fun" can not last forever. Eventually people are going to realize that many of these coins have nothing supporting then except an [ANN] thread.

Coins should not be made to trade for bitcoin. Coins should be made to bridge the gap between bitcoin and the public.


it's called cryptsy my dude,,, use it wisely!  Cool

How do you earn coins with crypsty, without already having coins?


you need some coins?... i got chu!!! Grin big thingz in the works!

Yeah I need coins. I literally have less than 1 btc to my name. I'm not asking for coins just explaining.
I get paid Devcoins and have been buying books to research so I can write more on devtome and get more Devcoins.

My Negative Rating is For Bringing a Dead Thread Back to Life, Just BTW. Click The Link To See For Yourself.
https://bitcointalk.org/index.php?action=trust;u=155011
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November 03, 2013, 02:34:21 PM
 #125

I went on FB search and typed in the following things, then sent it to EVERY page that came up:

Don't do that; spamming is evil.


RE: hyper-complexity of the multi-coin paradigm:

uhhh...  Were you a postmodern lit major in college?


I've got a pretty simple, but I think fairly accurate, view of money/wealth.

I believe you can't create wealth just by printing money.  You can create the illusion of wealth (and I imagine some Keynesians would argue the illusion is enough to lubricate the economy and somehow increase productivity and growth and wealth; lets set aside that argument).

You can create wealth by making it easier for people to transact (and money is the world's best invention for doing that, barter is terribly inefficient).

I'm still stuck on how y'all think altcoins create wealth. I don't see any of them being any easier to transact than Bitcoin.





good morning~ are you still making moves over here?(i'm from Lee) >>

http://www.berkshares.org/whatareberkshares.htm


~my thought is to somehow integrate the two imho!

+blessed!+

 Cool

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November 03, 2013, 02:36:57 PM
 #126


I'm still stuck on how y'all think altcoins create wealth. I don't see any of them being any easier to transact than Bitcoin.


I'll try to keep this short.  

I believe BTC protocol creates wealth because of the value it adds to the system. It allows for fast and cheap transfers world wide. It prevents a central authority from destroying the currency at it own whims.  It is a store of wealth.  Any of these things can be done with other services or instruments; PayPal, Gold, fiat. BTC just does it better.

Now enter Alts. If the alt adds nothing new to BTC it adds very little value. It does add some value, as it allows for the acquisition of BTC, from some other means, other then buying or mining BTC directly. Both of which can be difficult and expensive.

Alt Coins that add new features to BTC, add true wealth. Example Proof of Stake, which now allows for much higher energy efficiency of inflating a crypto. A big issue for BTC.  

Obviously some of these features could be added BTC, some maybe can not.

In short I think alt coins are a mixed bag. Creating one simply to pump and dump, is damaging to the system, but hey it is a free market. Creating ones to improve and enhance BTC is a good thing! IMHO...
Exactly. The current philosophy of "create coins for fun" but "mining is what we consider fun" can not last forever. Eventually people are going to realize that many of these coins have nothing supporting then except an [ANN] thread.

Coins should not be made to trade for bitcoin. Coins should be made to bridge the gap between bitcoin and the public.


it's called cryptsy my dude,,, use it wisely!  Cool

How do you earn coins with crypsty, without already having coins?


you need some coins?... i got chu!!! Grin big thingz in the works!

Yeah I need coins. I literally have less than 1 btc to my name. I'm not asking for coins just explaining.
I get paid Devcoins and have been buying books to research so I can write more on devtome and get more Devcoins.


is this shaggy? LOL  Cheesy

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November 03, 2013, 02:43:38 PM
 #127


I'm still stuck on how y'all think altcoins create wealth. I don't see any of them being any easier to transact than Bitcoin.


I'll try to keep this short.  

I believe BTC protocol creates wealth because of the value it adds to the system. It allows for fast and cheap transfers world wide. It prevents a central authority from destroying the currency at it own whims.  It is a store of wealth.  Any of these things can be done with other services or instruments; PayPal, Gold, fiat. BTC just does it better.

Now enter Alts. If the alt adds nothing new to BTC it adds very little value. It does add some value, as it allows for the acquisition of BTC, from some other means, other then buying or mining BTC directly. Both of which can be difficult and expensive.

Alt Coins that add new features to BTC, add true wealth. Example Proof of Stake, which now allows for much higher energy efficiency of inflating a crypto. A big issue for BTC.  

Obviously some of these features could be added BTC, some maybe can not.

In short I think alt coins are a mixed bag. Creating one simply to pump and dump, is damaging to the system, but hey it is a free market. Creating ones to improve and enhance BTC is a good thing! IMHO...
Exactly. The current philosophy of "create coins for fun" but "mining is what we consider fun" can not last forever. Eventually people are going to realize that many of these coins have nothing supporting then except an [ANN] thread.

Coins should not be made to trade for bitcoin. Coins should be made to bridge the gap between bitcoin and the public.


it's called cryptsy my dude,,, use it wisely!  Cool

How do you earn coins with crypsty, without already having coins?


you need some coins?... i got chu!!! Grin big thingz in the works!

Yeah I need coins. I literally have less than 1 btc to my name. I'm not asking for coins just explaining.
I get paid Devcoins and have been buying books to research so I can write more on devtome and get more Devcoins.


is this shaggy? LOL  Cheesy

Yeah.

My Negative Rating is For Bringing a Dead Thread Back to Life, Just BTW. Click The Link To See For Yourself.
https://bitcointalk.org/index.php?action=trust;u=155011
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November 03, 2013, 02:57:12 PM
 #128

If you love Devcoin and want to see it go up in value, tweet this link @BookTV http://devtome.com/doku.php?id=ancient_history_by_finshaggy_aka_hannibalimhotep&s[]=history&s[]=hannibal

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November 03, 2013, 03:21:44 PM
 #129


I'm still stuck on how y'all think altcoins create wealth. I don't see any of them being any easier to transact than Bitcoin.


I'll try to keep this short.  

I believe BTC protocol creates wealth because of the value it adds to the system. It allows for fast and cheap transfers world wide. It prevents a central authority from destroying the currency at it own whims.  It is a store of wealth.  Any of these things can be done with other services or instruments; PayPal, Gold, fiat. BTC just does it better.

Now enter Alts. If the alt adds nothing new to BTC it adds very little value. It does add some value, as it allows for the acquisition of BTC, from some other means, other then buying or mining BTC directly. Both of which can be difficult and expensive.

Alt Coins that add new features to BTC, add true wealth. Example Proof of Stake, which now allows for much higher energy efficiency of inflating a crypto. A big issue for BTC.  

Obviously some of these features could be added BTC, some maybe can not.

In short I think alt coins are a mixed bag. Creating one simply to pump and dump, is damaging to the system, but hey it is a free market. Creating ones to improve and enhance BTC is a good thing! IMHO...
Exactly. The current philosophy of "create coins for fun" but "mining is what we consider fun" can not last forever. Eventually people are going to realize that many of these coins have nothing supporting then except an [ANN] thread.

Coins should not be made to trade for bitcoin. Coins should be made to bridge the gap between bitcoin and the public.


it's called cryptsy my dude,,, use it wisely!  Cool

How do you earn coins with crypsty, without already having coins?


you need some coins?... i got chu!!! Grin big thingz in the works!

Yeah I need coins. I literally have less than 1 btc to my name. I'm not asking for coins just explaining.
I get paid Devcoins and have been buying books to research so I can write more on devtome and get more Devcoins.


is this shaggy? LOL  Cheesy

Yeah.


man i tried to help you this spring!  Cool *you all dissed me!

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November 03, 2013, 03:24:58 PM
 #130


I'm still stuck on how y'all think altcoins create wealth. I don't see any of them being any easier to transact than Bitcoin.


I'll try to keep this short.  

I believe BTC protocol creates wealth because of the value it adds to the system. It allows for fast and cheap transfers world wide. It prevents a central authority from destroying the currency at it own whims.  It is a store of wealth.  Any of these things can be done with other services or instruments; PayPal, Gold, fiat. BTC just does it better.

Now enter Alts. If the alt adds nothing new to BTC it adds very little value. It does add some value, as it allows for the acquisition of BTC, from some other means, other then buying or mining BTC directly. Both of which can be difficult and expensive.

Alt Coins that add new features to BTC, add true wealth. Example Proof of Stake, which now allows for much higher energy efficiency of inflating a crypto. A big issue for BTC.  

Obviously some of these features could be added BTC, some maybe can not.

In short I think alt coins are a mixed bag. Creating one simply to pump and dump, is damaging to the system, but hey it is a free market. Creating ones to improve and enhance BTC is a good thing! IMHO...
Exactly. The current philosophy of "create coins for fun" but "mining is what we consider fun" can not last forever. Eventually people are going to realize that many of these coins have nothing supporting then except an [ANN] thread.

Coins should not be made to trade for bitcoin. Coins should be made to bridge the gap between bitcoin and the public.


it's called cryptsy my dude,,, use it wisely!  Cool

How do you earn coins with crypsty, without already having coins?


you need some coins?... i got chu!!! Grin big thingz in the works!

Yeah I need coins. I literally have less than 1 btc to my name. I'm not asking for coins just explaining.
I get paid Devcoins and have been buying books to research so I can write more on devtome and get more Devcoins.


is this shaggy? LOL  Cheesy

Yeah.


man i tried to help you this spring!  Cool *you all dissed me!

You're preaching to the choir. I feel like I am the only one trying to help the coin while they all just sit and hold it and bitch at me. And my brother died in June, I feel like they should have had a little more consideration.

My Negative Rating is For Bringing a Dead Thread Back to Life, Just BTW. Click The Link To See For Yourself.
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November 03, 2013, 03:51:01 PM
 #131


I'm still stuck on how y'all think altcoins create wealth. I don't see any of them being any easier to transact than Bitcoin.


I'll try to keep this short.  

I believe BTC protocol creates wealth because of the value it adds to the system. It allows for fast and cheap transfers world wide. It prevents a central authority from destroying the currency at it own whims.  It is a store of wealth.  Any of these things can be done with other services or instruments; PayPal, Gold, fiat. BTC just does it better.

Now enter Alts. If the alt adds nothing new to BTC it adds very little value. It does add some value, as it allows for the acquisition of BTC, from some other means, other then buying or mining BTC directly. Both of which can be difficult and expensive.

Alt Coins that add new features to BTC, add true wealth. Example Proof of Stake, which now allows for much higher energy efficiency of inflating a crypto. A big issue for BTC.  

Obviously some of these features could be added BTC, some maybe can not.

In short I think alt coins are a mixed bag. Creating one simply to pump and dump, is damaging to the system, but hey it is a free market. Creating ones to improve and enhance BTC is a good thing! IMHO...
Exactly. The current philosophy of "create coins for fun" but "mining is what we consider fun" can not last forever. Eventually people are going to realize that many of these coins have nothing supporting then except an [ANN] thread.

Coins should not be made to trade for bitcoin. Coins should be made to bridge the gap between bitcoin and the public.


it's called cryptsy my dude,,, use it wisely!  Cool

How do you earn coins with crypsty, without already having coins?


you need some coins?... i got chu!!! Grin big thingz in the works!

Yeah I need coins. I literally have less than 1 btc to my name. I'm not asking for coins just explaining.
I get paid Devcoins and have been buying books to research so I can write more on devtome and get more Devcoins.


is this shaggy? LOL  Cheesy

Yeah.


man i tried to help you this spring!  Cool *you all dissed me!

You're preaching to the choir. I feel like I am the only one trying to help the coin while they all just sit and hold it and bitch at me. And my brother died in June, I feel like they should have had a little more consideration.



Devcoin idea of writing to earn coins is awesome!~unfortunately the people running it are ego trippers. Also the client embeds stuff on your computer, I had to use special softwares to remove all the crap. If you want to help I have a new project you can help us with, with FLO~ ..=)

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November 03, 2013, 04:09:57 PM
 #132


I'm still stuck on how y'all think altcoins create wealth. I don't see any of them being any easier to transact than Bitcoin.


I'll try to keep this short.  

I believe BTC protocol creates wealth because of the value it adds to the system. It allows for fast and cheap transfers world wide. It prevents a central authority from destroying the currency at it own whims.  It is a store of wealth.  Any of these things can be done with other services or instruments; PayPal, Gold, fiat. BTC just does it better.

Now enter Alts. If the alt adds nothing new to BTC it adds very little value. It does add some value, as it allows for the acquisition of BTC, from some other means, other then buying or mining BTC directly. Both of which can be difficult and expensive.

Alt Coins that add new features to BTC, add true wealth. Example Proof of Stake, which now allows for much higher energy efficiency of inflating a crypto. A big issue for BTC.  

Obviously some of these features could be added BTC, some maybe can not.

In short I think alt coins are a mixed bag. Creating one simply to pump and dump, is damaging to the system, but hey it is a free market. Creating ones to improve and enhance BTC is a good thing! IMHO...
Exactly. The current philosophy of "create coins for fun" but "mining is what we consider fun" can not last forever. Eventually people are going to realize that many of these coins have nothing supporting then except an [ANN] thread.

Coins should not be made to trade for bitcoin. Coins should be made to bridge the gap between bitcoin and the public.


it's called cryptsy my dude,,, use it wisely!  Cool

How do you earn coins with crypsty, without already having coins?


you need some coins?... i got chu!!! Grin big thingz in the works!

Yeah I need coins. I literally have less than 1 btc to my name. I'm not asking for coins just explaining.
I get paid Devcoins and have been buying books to research so I can write more on devtome and get more Devcoins.


is this shaggy? LOL  Cheesy

Yeah.


man i tried to help you this spring!  Cool *you all dissed me!

You're preaching to the choir. I feel like I am the only one trying to help the coin while they all just sit and hold it and bitch at me. And my brother died in June, I feel like they should have had a little more consideration.



Devcoin idea of writing to earn coins is awesome!~unfortunately the people running it are ego trippers. Also the client embeds stuff on your computer, I had to use special softwares to remove all the crap. If you want to help I have a new project you can help us with, with FLO~ ..=)

I'm down.

My Negative Rating is For Bringing a Dead Thread Back to Life, Just BTW. Click The Link To See For Yourself.
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November 03, 2013, 04:13:32 PM
 #133

I have gotten thanks from people in English speaking countries, Germany, and Arabic speaking countries, for sharing this thread with them in PM. And usually when I send PMs to help everyone I get reported and PMs locked for 30 days after like 200 messages. My Facebook is still active, which means the people who aren't replying are at least not mad about getting the info. And I sent it to over 4,000 inboxes.

So I think this is really going to start getting big.

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November 04, 2013, 12:04:16 AM
 #134

Almost 3,000 views on this thread.

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November 04, 2013, 12:05:17 AM
 #135

Litecoin is now moving up so what will happen is most likely another bubble develops and then corrects back again at a good level!

1 BITCOIN bisa beli Berapa Bungkus MICIN ?
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November 04, 2013, 01:36:58 AM
 #136

Once I get Internet in my apt (tomorrow) I'll be sending this out to like 4,000 more people.

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November 04, 2013, 01:50:36 AM
 #137


Don't forget to share ^^this^^

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November 04, 2013, 04:37:02 AM
 #138

Well if you are sending it out to that many people, tell them to stick the TAG ID in their footer and I can TAG them..Smiley

I'm not sure what any of that means.

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November 04, 2013, 05:10:58 AM
 #139


I'm not sending anything out about existing coins. My goal is to prompt companies into making their own.

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November 04, 2013, 05:41:08 AM
 #140

ah ok..will delete my posts..

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November 04, 2013, 05:44:52 AM
 #141

Basically, this thread should be compared to credit card commercials. (Or at least these coins should be compared individually to credit card companies. 1. How good are the rewards programs 2. How many people accept them 3. What percent do you pay back, or in the case of coins: what percent do they pay you compared to miners)

And I want to get more companies making these "cards" (coins). So like a credit card company commercial commercial. Like a commercial telling you to invent a credit card.

My Negative Rating is For Bringing a Dead Thread Back to Life, Just BTW. Click The Link To See For Yourself.
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November 04, 2013, 03:42:31 PM
 #142

I get Internet sometime today. So today is thread sharing day.

PLEASE send a link to this thread to any coder or entrepreneur you know.

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November 04, 2013, 06:10:24 PM
 #143

Basically, this thread should be compared to credit card commercials. (Or at least these coins should be compared individually to credit card companies. 1. How good are the rewards programs 2. How many people accept them 3. What percent do you pay back, or in the case of coins: what percent do they pay you compared to miners)

And I want to get more companies making these "cards" (coins). So like a credit card company commercial commercial. Like a commercial telling you to invent a credit card.

Thanks to Bitcoin, the main Coin protocol that maintains network security, this is possible; It is the infrastructure, the gateway to this Brave world we are creating.

It is definitely much cheaper that having to make a credit card/ gift card, pay for security etc when it is done safely with the blockchain to maintain security, code is cheap.

I consider a currency to be a release signal for resources, when a certain level of currency is acquired for a specific item, in essence they are gauging the amount of available demand at that price point, What controls the selection process is a complex list of factors that surround the individual making the choice to purchase.

I see a more complex environment if these alt-currencies and micro-currencies are used.

Imagine this.

A world wide signaling system(cryptocoins) to release specific types of intellectual resources or efforts on a world wide basis.
A well known coin, Devcoin for example. Take it to it's limit millions of organizations around the world use Devcoin for signaling the creation of creative opensource work, with specific micro-currencies for different endevours that exchange directly and only with Devcoin. Buy Devcoins for general creative work done world wide, buy the micro-currencies for specific works, music, engineering, architecture, etc. In this scenario everyone in the world knows about Devcoin and it's purpose, and is simply gaining creative resources by how well it is accomplishing this task; People buy the respective coins increasing the value of the coins and increasing resources to be expended within the system. A patron of the coin would buy coins and then give them specifically to artist, writers, engineers that they admire and wish their work to continue, or keep it for themselves when they are in a bind and need the cash.

Underneath Devcoin would be MusicCoin, PaintCoin, ArcCoin, etc each with a micro blockchain connected to Devcoins Blockchain but only downloaded for those interested in making specific donations to those efforts instead of a global effort, Multi-Coin wallets would be the norm.  And maybe even-multi-coin interconnectors that would connect not just a projects coin-interface but would be merged with Devcoin because of the efforts that they would come under. For example, if someone was trying to make an floating city, they would make the floating-city-coin project that people could donate too at any time to move the project forward, but it would be tied to Devcoin for all the creation being made to gain extra funding.

The coins in essence act as giant world-wide campaign signals for development of decentralized projects, no need to know who or what is using it, just knowing that the best efforts that this paradigm is creating is becoming available for all humanity.  A different model far more effective and efficient than the current design of NGOs.

The wealth that these coins need for their projects, would be interfaced from Bitcoin or directly purchased with Fiat. The projects would gain acceptance according to how well they were known, how well they did in telling the community and investors how well they are doing... and with Open Transactions, a market for human endevours could be created, think of kickstarter but with coins and the project works the moment you say go.  All your efforts will determine how well you are gaining the trust of the general public to provide the wealth necessary to make the project move forward.

Massive decentralized movements with millions of individuals with decentralized equipment and tools acting like Non-government-organizations creating enormous projects never before possible in this way with minimal paperwork required, just a Forum, a Coin, a great project, and millions of volunteers willing to be paid in Coins with the backing of the general publics purchasing power.

so if someone did complete the floating Arc, at the end where would the coins go? to it's maintenance? it would plummet in price as the endevour was finished and resource use declined, all coins would have to be bought back by the Coinbased- NGO and returned to the community. The ArcCoin blockchain would be maintained as a record of those who contributed to it's creation.


Just imagine going to a free open-sky concert, free for everyone to attend. The artists would  get paid in MusicCoin for the concert, people who loved the concert would after the fact purchase Devcoins to fund the greater creative effort of free art, giving the coins to the artists in the concert, or purchasing MusicCoins directly would fund the greater effort of art. A world where all creative acts wherever they are done are valued for their contribution to the grandness of the human endevour.

need to fund the saving of humanity? HumanityCoin, where all the combined efforts of all NGO's guarding the welfare of humanity would be amalgamated. I donate 100 dollars in HumanCoin and know that the decentralized system is secure, safe from tampering by a cadre of professionals who are at the mercy of the Blockchain that monitors all their distribution of Humancoins resources to worthy Organizations that are truly helping people. since the blockchain would monitor everything we as a worldwide society can gauge how effective the system is in different areas or if there is corruption within the supply chain. The whole world would scrutinize and guide the efforts of HumanCoin.

If you think my efforts are worth something; I'll keep on keeping on.
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November 04, 2013, 06:45:05 PM
 #144

Basically, this thread should be compared to credit card commercials. (Or at least these coins should be compared individually to credit card companies. 1. How good are the rewards programs 2. How many people accept them 3. What percent do you pay back, or in the case of coins: what percent do they pay you compared to miners)

And I want to get more companies making these "cards" (coins). So like a credit card company commercial commercial. Like a commercial telling you to invent a credit card.

It is definitely much cheaper that having to make a credit card/ gift card, pay for security etc when it is done safely with the blockchain to maintain security, code is cheap.

I consider a currency to be a release signal for resources, when a certain level of currency is acquired for a specific item, in essence they are gauging the amount of available demand at that price point, What controls the selection process is a complex list of factors that surround the individual making the choice to purchase.

I see a more complex environment if these alt-currencies and micro-currencies are used.

Imagine this.

A world wide signaling system(cryptocoins) to release specific types of intellectual resources or efforts on a world wide basis.
A well known coin, Devcoin for example. Take it to it's limit millions of organizations around the world use Devcoin for signaling the creation of creative opensource work, with specific micro-currencies for different endevours that exchange directly and only with Devcoin. Buy Devcoins for general creative work done world wide, buy the micro-currencies for specific works, music, engineering, architecture, etc. In this scenario everyone in the world knows about Devcoin and it's purpose, and is simply gaining creative resources by how well it is accomplishing this task; People buy the respective coins increasing the value of the coins and increasing resources to be expended within the system. A patron of the coin would buy coins and then give them specifically to artist, writers, engineers that they admire and wish their work to continue, or keep it for themselves when they are in a bind and need the cash.

Underneath Devcoin would be MusicCoin, PaintCoin, ArcCoin, etc each with a micro blockchain connected to Devcoins Blockchain but only downloaded for those interested in making specific donations to those efforts instead of a global effort, Multi-Coin wallets would be the norm.  And maybe even-multi-coin interconnectors that would connect not just a projects coin-interface but would be merged with Devcoin because of the efforts that they would come under. For example, if someone was trying to make an floating city, they would make the floating-city-coin project that people could donate too at any time to move the project forward, but it would be tied to Devcoin for all the creation being made to gain extra funding.

The coins in essence act as giant world-wide campaign signals for development of decentralized projects, no need to know who or what is using it, just knowing that the best efforts that this paradigm is creating is becoming available for all humanity.  A different model far more effective and efficient than the current design of NGOs.

The wealth that these coins need for their projects, would be interfaced from Bitcoin or directly purchased with Fiat. The projects would gain acceptance according to how well they were known, how well they did in telling the community and investors how well they are doing... and with Open Transactions, a market for human endevours could be created, think of kickstarter but with coins and the project works the moment you say go.  All your efforts will determine how well you are gaining the trust of the general public to provide the wealth necessary to make the project move forward.

Massive decentralized movements with millions of individuals with decentralized equipment and tools acting like Non-government-organizations creating enormous projects never before possible in this way with minimal paperwork required, just a Forum, a Coin, a great project, and millions of volunteers willing to be paid in Coins with the backing of the general publics purchasing power.

so if someone did complete the floating Arc, at the end where would the coins go? to it's maintenance? it would plummet in price as the endevour was finished and resource use declined, all coins would have to be bought back by the Coinbased- NGO and returned to the community. The ArcCoin blockchain would be maintained as a record of those who contributed to it's creation.

I had a thought like this. A "Nice Jewish Coin" that would be a support for other coins. Like what Frodo's ring was to the others in Lord of the Rings. "One coin to bind them"

My Negative Rating is For Bringing a Dead Thread Back to Life, Just BTW. Click The Link To See For Yourself.
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November 04, 2013, 07:03:04 PM
 #145

Quote
I had a thought like this. A "Nice Jewish Coin" that would be a support for other coins. Like what Frodo's ring was to the others in Lord of the Rings.

Lord of the Coins, Lord of the Coins: The Two Powers, Lord of the Coins: The Return of the Source.

    One Coin to rule them all, One Coin to find them; One Coin to bring them all

    and in the darkweb bind them.

This is the future my friend, we have no choice but spread the word to those who will listen, gain their insights and trust to help expand and perfect this technology to it's limits. the more people know the faster this will grow, the more people watch and participate the greater this technology will be as we will all watch out for each others interests, more eyes on the prize makes corruption hard to find.

If you think my efforts are worth something; I'll keep on keeping on.
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November 04, 2013, 09:43:52 PM
 #146

What if everyone made a coin for their children as they were born?
No one would be born into debt, and we would all basically be independent nations.


And no coin wuold worth anything

No coin is worth anything when it is made. Just like bitcoin. The community and their goals and achievements are what give them value. Just like the USD.

And a coin based on a child's future is inherently better than a coin that is meant for "the fun of mining".


USERS give value to everything, if you have something that is no use for something and nobody uses it it is worth nothing. But when you have a product that has many users it can be worth many USD

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November 04, 2013, 10:31:45 PM
 #147

Quote
I had a thought like this. A "Nice Jewish Coin" that would be a support for other coins. Like what Frodo's ring was to the others in Lord of the Rings.

Lord of the Coins, Lord of the Coins: The Two Powers, Lord of the Coins: The Return of the Source.

    One Coin to rule them all, One Coin to find them; One Coin to bring them all

    and in the darkweb bind them.

This is the future my friend, we have no choice but spread the word to those who will listen, gain their insights and trust to help expand and perfect this technology to it's limits. the more people know the faster this will grow, the more people watch and participate the greater this technology will be as we will all watch out for each others interests, more eyes on the prize makes corruption hard to find.

When I moved Comcast changed my package without my consent and took FXX off my TV. So I'm talking to their promotions team soon (just waiting for the call) and I am going to tell them about coins, and teach them how they can make money on FXX without ripping us all off.

I'll be making my "Nice Jewish Coin" soon too Smiley

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November 04, 2013, 10:33:16 PM
 #148

What if everyone made a coin for their children as they were born?
No one would be born into debt, and we would all basically be independent nations.


And no coin wuold worth anything

No coin is worth anything when it is made. Just like bitcoin. The community and their goals and achievements are what give them value. Just like the USD.

And a coin based on a child's future is inherently better than a coin that is meant for "the fun of mining".


USERS give value to everything, if you have something that is no use for something and nobody uses it it is worth nothing. But when you have a product that has many users it can be worth many USD

I'm not hating on miners, I know they are essential. We just need coins that are meant for MORE than just mining. Mining is not to be ignored.

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November 04, 2013, 10:55:08 PM
 #149

The big problem with blockchains is they are insanely expensive to secure or they are insanely insecure.

Look at all the crapcoins that came out the last bunch of months, most of them have huge problems trying to secure their chain, and the more of them there are the less hashing power gets devoted each, on average. Plus the miners jump around, in effect attacking the chains instead of really helping them.

That is a large part of why all the specific-arts specific-crafts etc coins the devcoin project plans to implement are not going to be done using blockchains; we still have not even been able to make the devcoin blockchain itself as secure as bitcoin's blockchain, it would be insane to increase our expenses by trying to budget hashing to protect even more blockchains.

Thus all the little specific-purpose currencies are most likely going to be implemented using Open Transactions.

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November 05, 2013, 01:19:03 AM
 #150

The big problem with blockchains is they are insanely expensive to secure or they are insanely insecure.

Look at all the crapcoins that came out the last bunch of months, most of them have huge problems trying to secure their chain, and the more of them there are the less hashing power gets devoted each, on average. Plus the miners jump around, in effect attacking the chains instead of really helping them.

That is a large part of why all the specific-arts specific-crafts etc coins the devcoin project plans to implement are not going to be done using blockchains; we still have not even been able to make the devcoin blockchain itself as secure as bitcoin's blockchain, it would be insane to increase our expenses by trying to budget hashing to protect even more blockchains.

Thus all the little specific-purpose currencies are most likely going to be implemented using Open Transactions.

-MarkM-


I really think that if devcoiners spent more devcoins on getting bitcoins and spending those bitcoins on things they can use to create videos, articles, art, etc for devtome. The price of the coin would sky rocket.

And then everything would be affordable to the devcoin community.


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November 05, 2013, 04:35:22 AM
 #151

The big problem with blockchains is they are insanely expensive to secure or they are insanely insecure.

Look at all the crapcoins that came out the last bunch of months, most of them have huge problems trying to secure their chain, and the more of them there are the less hashing power gets devoted each, on average. Plus the miners jump around, in effect attacking the chains instead of really helping them.

That is a large part of why all the specific-arts specific-crafts etc coins the devcoin project plans to implement are not going to be done using blockchains; we still have not even been able to make the devcoin blockchain itself as secure as bitcoin's blockchain, it would be insane to increase our expenses by trying to budget hashing to protect even more blockchains.

Thus all the little specific-purpose currencies are most likely going to be implemented using Open Transactions.

-MarkM-


Most definitely, so how does OT do it? and why can't we create a hybrid of both, maybe an upgrade that downloads the blockchain from distributed sources in a peer to peer manner?

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November 05, 2013, 06:12:24 AM
 #152

Has anyone seen any cool new coins?

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November 05, 2013, 02:23:55 PM
 #153

A good summary of Alt Coins Value/Popularity based on their market capitalization...

http://coinmarketcap.com/

(thanks to porcupine87 for posting this wonderful resource)

I think by viewing this list, one can get a better idea of what coins might be worth investing.

I like how solid LTC and PPC are entrenched  The trends for some of the top 20 coins also looks fairly encouraging.

Interested in any feedback...

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November 05, 2013, 02:34:05 PM
 #154

Has anyone seen any cool new coins?

TEK: https://bitcointalk.org/index.php?topic=289490.0

UNO: https://bitcointalk.org/index.php?topic=313126

XJO: https://bitcointalk.org/index.php?topic=299308.0
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November 05, 2013, 03:42:32 PM
 #155

I want to add that the best coin to copy for this is Devcoin. They have a model where when I block is mined, 10% of the coins in that block go to the miner, while the other 90% goes in the wallet of a writer.

If I am a good writer, why would I pay out 10% of my income?  That is more expensive than credit card charges!

Again, don't confuse money for wealth.  Writers produce wealth in the form of the stories/articles/whatever they are writing. The currency used to trade that wealth only matters as far as:

+ What can the writer buy with it
+ If the writer saves it, will it buy more or less in the future








why would bitcoiners pay income tax? We don't think taxes are "cool" LOL!!!    Cheesy

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November 05, 2013, 05:24:36 PM
 #156

This thread has now gone out to over 5,000 people. I'm going to try to get it out to 10,000 by the end of the week.

I am writing a novel this month also though (so may be delayed), for National Novel Writing Month. If anyone would like to join, the website is NanoWrimo.org and there are forums full of people writing books there.

Also,
If you write a book and post it to Devtome, you will get paid devcoins Smiley


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November 05, 2013, 07:08:31 PM
 #157

This thread has now gone out to over 5,000 people. I'm going to try to get it out to 10,000 by the end of the week.

I am writing a novel this month also though (so may be delayed), for National Novel Writing Month. If anyone would like to join, the website is NanoWrimo.org and there are forums full of people writing books there.

Also,
If you write a book and post it to Devtome, you will get paid devcoins Smiley




I GOT BOOKS ON BOOKS NOW WHAT? LOL!!



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November 06, 2013, 10:35:21 PM
 #158

Why don't all coins have videos like this about them yet?

http://www.youtube.com/watch?v=XWsmx6JmqCc
http://www.youtube.com/watch?v=6eMy2e2FEH4

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November 07, 2013, 11:16:35 AM
 #159

Come help these conspiracy theorists realize that coins can eliminate banks And that making coins is good for everyone:
http://www.davidicke.com/forum/showthread.php?t=260628

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November 07, 2013, 01:58:09 PM
 #160


I think by viewing this list, one can get a better idea of what coins might be worth investing.

I like how solid LTC and PPC are entrenched  The trends for some of the top 20 coins also looks fairly encouraging.



+1

LTC and PPC are both entrenched as you say. I am heavily betting on both. Personally I think PPC is really going to skyrocket. Why?

1) The value of PPC is rising due to the rise in Bitcoin
2) Money is starting to flood into cryptocurrencies - I'm sure many will feel that BTC is too expensive (the whole Satoshi / BTC divisible to 8 decimal places is irrelevant - psychologically, nobody wants to buy 0.0xxx of anything)
3) PPC is not even a dollar a coin - even if it rises to just a couple of bucks each, it will provide a far greater return than BTC at this point
4) At some point some of the ASIC miners out there could start mining PPC instead of BTC

Whatever happens, I think the safest bet is to stick to the top 3 - BTC, LTC and PPC.
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November 07, 2013, 07:36:36 PM
 #161

Please share or use this information:
http://www.youtube.com/watch?v=Rdn0OU4JrsU

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November 08, 2013, 06:26:36 PM
 #162

I'm saving up to pay a developer to make a coin and I almost have enough. It's going to be something the community really needs.

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November 08, 2013, 08:44:28 PM
 #163

I found this great thread that can further enhance any alt-coin outthere, everything you need to get going with Open Transactions.

https://bitcointalk.org/index.php?topic=212490.msg2251931#msg2251931

Edit: phenomenal literature http://ft.vm.to/files/britto/FT-thoughts.pdf

If you think my efforts are worth something; I'll keep on keeping on.
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November 09, 2013, 12:54:48 AM
 #164

I found this great thread that can further enhance any alt-coin outthere, everything you need to get going with Open Transactions.

https://bitcointalk.org/index.php?topic=212490.msg2251931#msg2251931

A lot to read, I'm checking it out though.

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November 09, 2013, 06:19:21 PM
 #165

Quote
…and get money back out again. I assume by this you mean "legacy cash money in hand" and/or "legacy money in the legacy bank."

--- Keep in mind that most transfers will happen inside the OT system, or on the blockchain…
--- That is, while bailing legacy cash in/out of the system is possible, that should not happen for each and every transaction….
--- Also keep in mind that once you bailout BTC or colored coins from an OT server, then it has passed outside the sphere of OT, and you can cash it out in whatever conventional way that you normally would, based on the existing market for Bitcoin services. (This would be an option as well.)
--- …Therefore I restricted my Bitmessage examples to only cases where the two parties both are transacting within OT. (The reason being that we can then assume that OT's powers apply -- such as markets and escrow.)

That having been said, here are various options I can imagine for bailing legacy funds into/out of the system …

=> Bitcoin ATMs. These were at the Bitcoin 2013 Conference in various configurations, and so the option is rapidly approaching to use them.

=> Through your social network: This was always what enamored me of the Ripple idea originally -- that instead of using a centralized exchange, you can just "go through your friends." And if your friend will hand you some cash in return for a Ripple transfer, then similarly he should be willing to hand you some cash in return for an OT or blockchain transfer. (And vice-versa.)

=> Geolocation: Apple has recently publicized the concept of people providing ATM service for each other. Your iPhone just finds someone nearby who hands you $60. (At the same time, $62.50 is charged to your iTunes account.)
The same could clearly work for colored coins in a P2P app. (Even the open-source community could easily build such an app using OT -- though Monetas itself possibly could not, depending on the status of Apple's patent.)

=> SEPA transfer: In Europe, bank users can quickly and easily send transfers to each other's accounts through the SEPA API, and verify whether such transfers have been made.

=> Meetups: There are already local Bitcoin meet-ups; thus it seems like a viable method of exchange for cash.

=> Gateways: (Ripple seems to have popularized this nomenclature, so I'm going to use it here.) This is any business that users are willing to trust for the purposes of sending/receiving bank wires, SEPA transfers, ACH transfers, etc.

===> The main difference here is that in the case of Open-Transactions, your funds would not be stored as an IOU from the gateway. Many have said that on this forum, but that is not actually the case. On OT, you are buying/selling BTC and colored coins, instead of issuing IOUs.
(Issuers do have the ability on OT to issue IOUs, but that is not the solution I've suggested in this thread. Rather, I've suggested to store the actual coins in voting pools so that an OT server can transact them without having to be trusted not to steal them.)

===> In the case of OT, the "gateway" becomes a "trader". Instead of holding IOUs from a gateway, you are purchasing or selling BTC or colored coins from a trader. And that Trader is NOT an OT server -- but another OT user, like you!
And since this transaction is occurring inside an OT server:
- it will be instant, instead of requiring blockchain confirmations.
- It can be performed on a market, where orders are automatically matched according to their criteria.
- It can be performed through the use of escrow -- and the terms of that escrow can be customized by the parties (since the escrow itself is implemented as a smart contract -- and users can customize their own smart contracts.)
- Via Bitmessage, wallets can coordinate cross-server wiring of funds, as well as cross-server order matching, and cross-server discovery of other wallets willing to make transfers in/out of the legacy banking system, by way of OT escrow.

===> In any case, whether you are obtaining IOUs from a gateway (Ripple), or whether you are buying/selling BTC and colored coins from a trader (OT), either way, I assume that such businesses will be willing to take/pay cash at their physical locations, and bank wires otherwise. (Otherwise, why are they even in this business?) Therefore, you can move legacy funds in/out through such businesses.
Personally, I prefer cash-in-hand over IOUs, which is why OT places such a high value on the ability to customize your escrow terms.

=> Bank Wires: One example of why I prefer cash-in-hand: If you purchase precious metals for physical delivery, you will discover that orders can be shipped based on a bank wire, yet the same business is not willing to ship based on a credit card purchase (due to chargeback risk.)
Therefore bank wires are a valid method for getting money in/out of the bank account, albeit slow and expensive.

=> Bitcoin Exchanges: exchanges are one way to trade Bitcoins for national currency and get a bank wire, so it deserves to be on this list. Any BTC traded on an OT server could presumably be bailed-off of OT and cashed-in through a Bitcoin exchange (with the laws in that jurisdiction applying.)

=> The original issuer: In the case of colored coins, there is some issuer in some jurisdiction who originally created--and has agreed to redeem--those colored coins. Presumably he could be paid (and pay others) through BTC or through bank wires or cheques.
NOTE: Most actual users shouldn't have to deal with this guy directly. Another note: Once users have uploaded these coins into multi-sig voting pools, they can then devise basket currencies to hold and transact with. This enables users to distribute the risk of a single currency across many issuers.

=> Prepaid card / bank card: It seems that a prepaid card could be given to the user, with funds placed onto the card easily enough based on whether the user had paid the card issuer on OT.
- Escrow probably not necessary in this case, and card issuers can demand to be pre-paid.

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November 09, 2013, 07:50:09 PM
 #166

Please visit this thread and just say "w00t" or something so that people end up seeing the thread
https://bitcointalk.org/index.php?topic=329338.0

I promise Social media is more important to Bitcoin than everyone thinks.

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November 09, 2013, 08:53:46 PM
 #167

Everyone in this thread should buy at least 1 book about Community Organizing.

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November 11, 2013, 04:55:53 PM
 #168

I ordered a few books that will help me make this thread even more epic than it is.

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November 18, 2013, 06:43:28 PM
 #169

4,200 Views on this thread. There's no way there's not one company out there talking to a C++ knowledgeable person and working on getting this done.

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November 18, 2013, 07:29:50 PM
 #170

Is your coin as easy to get (without mining equipment or money) as Devcoin?
https://www.youtube.com/watch?v=XWsmx6JmqCc
https://www.youtube.com/watch?v=6eMy2e2FEH4
https://www.youtube.com/watch?v=wsM9BKo4lAk

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November 19, 2013, 07:59:00 PM
 #171

Has anyone heard of any new coins lately that could make it?

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November 19, 2013, 08:02:27 PM
 #172

Has anyone heard of any new coins lately that could make it?

Butterfly coin[-SHA-256 type-] ~> is this one around somewhere?

*LOL with 7 BILLION coins to be minted!-> but the dev is legit as fvck!!!

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November 20, 2013, 07:34:02 AM
 #173

Read & Share
https://bitcointalk.org/index.php?topic=340059.0

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December 07, 2013, 09:40:38 PM
 #174

You can create wealth by making it easier for people to transact (and money is the world's best invention for doing that, barter is terribly inefficient).

True, but there is a LOT more opportunity in the unused bitcoin features.  A "governing" protocol for stable and socially-desirable value can be implemented using the script and n of m features (it can theoretically replace government in addition to banks).  

That sounds a lot like the alternative local currency movement-- create a local currency that somehow expresses the local community's values.

I'm probably just a too-logical, cold-hearted geek, but building community around a currency doesn't strike a chord with me. To me, community is about people, and a currency is just a tool for transactions. I guess an analogy would be a bunch of carpenters who build a community around some Extra Special brand of nails that they create and trade amongst themselves.
All communities build themselves around the currency by enacting laws to control others through penalties and subsidies in the currency.  If there is to be a government, then it centers around the flow and control of the currency because currency is about control of society's resources, as guided by law.
 
By using bitcoin's Script and n of m features to define the value of each coin in each transaction, you could point to local laws, or a "voting" or "intelligence gathering" coin to socially define the value of the coin in the transaction.  In other words, by being party to defining the value of the coin at the transaction level, society is implementing local law for overall societal good (and thereby presumably increasing the average happiness of the citizen). A free market operating under rule of law with competition benefits both parties to the transaction. But this often causes harm to parties external to the transaction like biosphere destruction. A free market with government only ensuring the transactions are fair also does not make life the average person's life easier or better because markets seek lowest price which means cheapest, most desperate labor either through overpopulation or stressful working conditions.  Free trade results in desperate workers replacing happy workers because the products can cross borders but the votes (laws) and culture do not. South Koreans are very wealthy and very technological and yet most of Latin America has happier school children (South Korean Children: http://qz.com/153380/korea-is-the-worlds-top-producer-of-unhappy-school-children/ ).

Globally, the value of the coins could be determined by a universally-agreed-upon script which should be based on a basket of commodities. This is an old and very widely supported idea (Buffett's mentor Graham wrote two books on, and I've seen Hayek and Keynes support it). It keeps price signals constant, but it also prevents economic bubbles by restricting money supply when there is a shortage of commodities (or, in the case of bitcoins, changing their value at time of transaction).  But I would make the basket "per person" to improve the quality of life on Earth for each person because the poor and middle class need commodities more.  The world economy gets a stimulus until there are more commodities per person, and vice versa. This is needed despite Austrian exclamations because prices and wages are sticky beyond rational price setting. By keeping the basket of commodities constant in terms of a scripted 'worldcoin' everyone up the production chain can estimate their future costs more accurately, and the massive commodity producers can invest large capital more wisely.

To clarify, prices and wages are "sticky" so it has been traditionally easier to change the quantity of money in the system if there is a bubble forming (bitcoins will need to have their transactional value changed since you can't print more coins).  Of course we completely abandoned the proper use of this money restriction and stimulus about 1995 (or really 1971) in order to create a stock market and house construction bubble. I'm expressing this as an inflation and deflation of value in the currency, but it is only following a basket of commodities which is the best known measure of value so people can make plans for the future such as in contracts and investing.  It is the shelf prices and wages that get out of whack with correct valuation but they are reluctant to change. The key in an efficient marketplace is stable value of the currency just as much as ease of transfer of funds.

To do better, the scripted coins would have value at transaction as dictated in a way that increases average human happiness. Commodities/person measure is only at a global level. More local communities could define the value in theirs coin to achieve more precise objectives that they estimate would result in higher average happiness.  Recently there have been efforts to replace GDP thinking in governments with "GNH" (gross national happiness) to guide policy better.

Think of economies as artificial intelligence machines.  Specifically it is an evolutionary algorithm of interacting agents seeking individual profit (Eric Drexler had an interest in it in his Agoric papers).  The currency injected into the system is the "food" the top level programmer of the A.I. program is issuing in order for the "economy" of his AI agents to discover the optimum solution to a larger problem.  The word economy is derived from "economical use of resources".  In A.I. the resources that need to be used economically are the CPU and memory space.  In large economics the resources are the commodities (food, energy, metals, cement, electronic parts, etc).  Government guided by votes is supposed to help decide what the goals of the system are.  World domination?  Citizen happiness?

Bitcoins without smart scripting are just a tool for storing and transferring "value" without defining it.  

I wrote a much longer post yesterday to explain all this in more detail.

Cryptocurrencies change everything for "value" in the same way the internet changed everything for "information". 

Bitcoins are the logical COMPLIMENT of traditional bits due to being un-copyable.
Compare:
PUBLIC "internet bits" are FREE and have a value judged by the INDIVIDUAL reader.
PRIVATE bitcoins have COST and have a value judged by the SOCIAL exchanges.

This has deep implications that are as serious as the internet itself. 

Cryptocurrencies that can allow their value to be intelligently governed is to humanity what the internet has been to computers. 
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July 02, 2014, 10:42:10 PM
 #175

Wanted to bring back an interesting thread while maybe showing some people the ideas in this new one
https://bitcointalk.org/index.php?topic=675271

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July 04, 2014, 07:01:28 PM
 #176

Making a coin can be daunting, so here is the easy way.

This website let's you make a free coin, and has an upgraded paid version.
http://coincreator.net/

This one is only paid, but it's cheaper than the other sites paid version.
http://www.coingen.io/

Anyone can make a coin, it's as simple as typing in a few values, then creating a thread to share your coin with everyone.

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October 27, 2016, 01:55:03 PM
 #177

Blazecoin - BLZ

Dev is trustworthy.

For a decent cause.

http://blazeco.in/
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