luckygenough56
Legendary
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Activity: 1526
Merit: 1012
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January 20, 2014, 02:19:32 PM |
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First feature : Forging bonus for small stakeholders over big stakeholders. Forging rate ceiling over 100000 NEX. Second : Max 50000 NEX per person at first ipo/distribution watsoever you call it. Do that and you win
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BitcoinForumator
Legendary
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Activity: 1120
Merit: 1000
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January 20, 2014, 02:20:03 PM |
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Either you're trying to achieve Utopia and you don't realize it, or it's just another willfull "genious" plan to get your share.
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instacalm
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January 20, 2014, 02:21:26 PM |
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@Friction You know what I think...either you really don't get it or you're butthurt because you don't have NXT.
Have a quick look at his previous posts over the last weeks. Amongst quite a lot of BS he bursts with envious posts regarding NXT. Problem about Friction is that he fails to understand many details so most of his ramblings are merely great comedy. Once you get bored with this thread head over to his posts regarding IXCoin, it's hilarious stuff!
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BitcoinForumator
Legendary
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Activity: 1120
Merit: 1000
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January 20, 2014, 02:28:22 PM |
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I'm going to make a real judgement of this project when I see real progress.
When you bring in the features you're talking about on the first page. Until then it's smoke.
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delulo
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January 20, 2014, 02:32:41 PM |
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Did Frictionlesscoin answer how NEX should be distributed as There is no cost to acquire coins, only your interest would suffice! ? Well, he already created a lot of sockpuppets. If he decides to go 1000 NEX to each BTT account I'll quit this coin. Looks like he is going to conduct scam and then dump all NEX. What is BTT?
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instacalm
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January 20, 2014, 02:33:58 PM |
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Did Frictionlesscoin answer how NEX should be distributed as There is no cost to acquire coins, only your interest would suffice! ? Well, he already created a lot of sockpuppets. If he decides to go 1000 NEX to each BTT account I'll quit this coin. Looks like he is going to conduct scam and then dump all NEX. What is BTT? Bitcointalk
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BitcoinForumator
Legendary
Offline
Activity: 1120
Merit: 1000
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January 20, 2014, 02:34:08 PM |
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Did Frictionlesscoin answer how NEX should be distributed as There is no cost to acquire coins, only your interest would suffice! ? Well, he already created a lot of sockpuppets. If he decides to go 1000 NEX to each BTT account I'll quit this coin. Looks like he is going to conduct scam and then dump all NEX. What is BTT? BiTcoinTalk.
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FrictionlessCoin (OP)
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Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
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January 20, 2014, 02:35:08 PM |
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I will test.
But here's a serious question.
If you contribute "money" (which is value, energy), how is that not "fair"?
You realize that money in itself isn't evil right? You realize also some people don't have time to contribute to your project by the means you want, but when they want to buy something they give you money in exchange.
You're trying to make a "fair" distribution. Good luck with that, it will never be completely fair. But you're already stumbled upon these problems yourself...
NEX distribution to be fair to all will be merit based. You automatically get a percentage of NEX if you show interest. You get a percentage every time you contribute to NEX. For the Nxt users who feel disenfranchised, we will allocate 5% of NEX that they can purchase in exchange for NXT. We will offer a steep discount of 1 NXT for 50 NEX. 5% of NEX is 50 million coins, this is a hard limit. Nxt Coin holders are limited to 500,000 NEX per user. The offer ends when NEX is distributed or the 5% is exhausted. Nxt owners... this is your opportunity to become an early adopter. We will also allocate 1% for VISACOIN investors who lost their money. This requires verification only that they sent BTC to the VISACOIN BTC donation address. This is given freely. It started as a joke now it is looking more and more like a scam. Well hear this: He offers a large stake of NEX coins to the NXT owners. And who has the largest stake in NXT? The big shareholders. The guys that you Frictionless opposed in the first place. You are against this distribution and now you offer re-distribution of NEX to the rich NXTers who are given the best deal. Are you FRIKKING KIDDING US ALL? You know what I think...either you really don't get it or you're butthurt because you don't have NXT. That is why there is a limit of 500,000 NEX per Nxt user. Besides, it is only 5%. Think about it, if less than 1,000 people express interest in NEX, each user will get 1,000,000 NEX.
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wizzardTim
Legendary
Offline
Activity: 1708
Merit: 1000
Reality is stranger than fiction
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January 20, 2014, 02:35:43 PM |
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I will test.
But here's a serious question.
If you contribute "money" (which is value, energy), how is that not "fair"?
You realize that money in itself isn't evil right? You realize also some people don't have time to contribute to your project by the means you want, but when they want to buy something they give you money in exchange.
You're trying to make a "fair" distribution. Good luck with that, it will never be completely fair. But you're already stumbled upon these problems yourself...
NEX distribution to be fair to all will be merit based. You automatically get a percentage of NEX if you show interest. You get a percentage every time you contribute to NEX. For the Nxt users who feel disenfranchised, we will allocate 5% of NEX that they can purchase in exchange for NXT. We will offer a steep discount of 1 NXT for 50 NEX. 5% of NEX is 50 million coins, this is a hard limit. Nxt Coin holders are limited to 500,000 NEX per user. The offer ends when NEX is distributed or the 5% is exhausted. Nxt owners... this is your opportunity to become an early adopter. We will also allocate 1% for VISACOIN investors who lost their money. This requires verification only that they sent BTC to the VISACOIN BTC donation address. This is given freely.It started as a joke now it is looking more and more like a scam. Go for NEM https://bitcointalk.org/index.php?topic=422129.0 There will be no arbitrary rule of distribution and no dictatorship. Everything will be shared equally for everyone showing the interest. I have lost 1.56 BTC in VisaCoin, so I'd be extremely interested to get the extra 1% + more extra by helping in testing. Thank you
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Behold the Tangle Mysteries! Dare to know It's truth.
- Excerpt from the IOTA Sacred Texts Vol. I
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FrictionlessCoin (OP)
Legendary
Offline
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
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January 20, 2014, 02:37:28 PM |
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First feature : Forging bonus for small stakeholders over big stakeholders. Forging rate ceiling over 100000 NEX. Second : Max 50000 NEX per person at first ipo/distribution watsoever you call it. Do that and you win Interesting... let me think about this.
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pinarello
Full Member
Offline
Activity: 266
Merit: 100
NXT is the future
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January 20, 2014, 02:37:35 PM |
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Did we get NEX already.... mmmm what is that smell?
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FrictionlessCoin (OP)
Legendary
Offline
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
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January 20, 2014, 02:40:28 PM |
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I will test.
But here's a serious question.
If you contribute "money" (which is value, energy), how is that not "fair"?
You realize that money in itself isn't evil right? You realize also some people don't have time to contribute to your project by the means you want, but when they want to buy something they give you money in exchange.
You're trying to make a "fair" distribution. Good luck with that, it will never be completely fair. But you're already stumbled upon these problems yourself...
NEX distribution to be fair to all will be merit based. You automatically get a percentage of NEX if you show interest. You get a percentage every time you contribute to NEX. For the Nxt users who feel disenfranchised, we will allocate 5% of NEX that they can purchase in exchange for NXT. We will offer a steep discount of 1 NXT for 50 NEX. 5% of NEX is 50 million coins, this is a hard limit. Nxt Coin holders are limited to 500,000 NEX per user. The offer ends when NEX is distributed or the 5% is exhausted. Nxt owners... this is your opportunity to become an early adopter. We will also allocate 1% for VISACOIN investors who lost their money. This requires verification only that they sent BTC to the VISACOIN BTC donation address. This is given freely.It started as a joke now it is looking more and more like a scam. Go for NEM https://bitcointalk.org/index.php?topic=422129.0 There will be no arbitrary rule of distribution and no dictatorship. Everything will be shared equally for everyone showing the interest. I have lost 1.56 BTC in VisaCoin, so I'd be extremely interested to get the extra 1% + more extra by helping in testing. Thank you Link to me your blockchain.info for the 1.56 you sent to VisaCoin. We sympathize with you and will do what we can to help you out. Also, contributions at this time gets you a bigger share than cash. Just do the math!
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pabloangello
Legendary
Offline
Activity: 1344
Merit: 1001
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January 20, 2014, 02:41:55 PM |
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I will test.
But here's a serious question.
If you contribute "money" (which is value, energy), how is that not "fair"?
You realize that money in itself isn't evil right? You realize also some people don't have time to contribute to your project by the means you want, but when they want to buy something they give you money in exchange.
You're trying to make a "fair" distribution. Good luck with that, it will never be completely fair. But you're already stumbled upon these problems yourself...
NEX distribution to be fair to all will be merit based. You automatically get a percentage of NEX if you show interest. You get a percentage every time you contribute to NEX. For the Nxt users who feel disenfranchised, we will allocate 5% of NEX that they can purchase in exchange for NXT. We will offer a steep discount of 1 NXT for 50 NEX. 5% of NEX is 50 million coins, this is a hard limit. Nxt Coin holders are limited to 500,000 NEX per user. The offer ends when NEX is distributed or the 5% is exhausted. Nxt owners... this is your opportunity to become an early adopter. We will also allocate 1% for VISACOIN investors who lost their money. This requires verification only that they sent BTC to the VISACOIN BTC donation address. This is given freely.It started as a joke now it is looking more and more like a scam. Go for NEM https://bitcointalk.org/index.php?topic=422129.0 There will be no arbitrary rule of distribution and no dictatorship. Everything will be shared equally for everyone showing the interest. I have lost 1.56 BTC in VisaCoin, so I'd be extremely interested to get the extra 1% + more extra by helping in testing. Thank you Link to me your blockchain.info for the 1.56 you sent to VisaCoin. We sympathize with you and will do what we can to help you out. Also, contributions at this time gets you a bigger share than cash. Just do the math! What kind of contributions?
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BitcoinForumator
Legendary
Offline
Activity: 1120
Merit: 1000
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January 20, 2014, 02:42:38 PM |
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I will test.
But here's a serious question.
If you contribute "money" (which is value, energy), how is that not "fair"?
You realize that money in itself isn't evil right? You realize also some people don't have time to contribute to your project by the means you want, but when they want to buy something they give you money in exchange.
You're trying to make a "fair" distribution. Good luck with that, it will never be completely fair. But you're already stumbled upon these problems yourself...
NEX distribution to be fair to all will be merit based. You automatically get a percentage of NEX if you show interest. You get a percentage every time you contribute to NEX. For the Nxt users who feel disenfranchised, we will allocate 5% of NEX that they can purchase in exchange for NXT. We will offer a steep discount of 1 NXT for 50 NEX. 5% of NEX is 50 million coins, this is a hard limit. Nxt Coin holders are limited to 500,000 NEX per user. The offer ends when NEX is distributed or the 5% is exhausted. Nxt owners... this is your opportunity to become an early adopter. We will also allocate 1% for VISACOIN investors who lost their money. This requires verification only that they sent BTC to the VISACOIN BTC donation address. This is given freely. It started as a joke now it is looking more and more like a scam. Well hear this: He offers a large stake of NEX coins to the NXT owners. And who has the largest stake in NXT? The big shareholders. The guys that you Frictionless opposed in the first place. You are against this distribution and now you offer re-distribution of NEX to the rich NXTers who are given the best deal. Are you FRIKKING KIDDING US ALL? You know what I think...either you really don't get it or you're butthurt because you don't have NXT. That is why there is a limit of 500,000 NEX per Nxt user. Besides, it is only 5%. Think about it, if less than 1,000 people express interest in NEX, each user will get 1,000,000 NEX. Ok, I'll assume this math scenario will be such in the end. You will have better and more even distribution relatively (compared to NXT). Although what happens when the people AFTER these first 1000 comes - they're going to call this a scam, same as with NXT. But after this you still need REAL improvements over NXT. The features on the first page - if they suffice at all vs NXT (it's questionable)
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delulo
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January 20, 2014, 02:45:14 PM |
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Did Frictionlesscoin answer how NEX should be distributed as There is no cost to acquire coins, only your interest would suffice! ? Frictionless can you answer that yourself?
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StarenseN
Legendary
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Activity: 2478
Merit: 1362
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January 20, 2014, 02:46:33 PM |
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Interested as well, let's see how the project will live.
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FrictionlessCoin (OP)
Legendary
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Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
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January 20, 2014, 02:47:57 PM |
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Did Frictionlesscoin answer how NEX should be distributed as There is no cost to acquire coins, only your interest would suffice! ? Frictionless can you answer that yourself? Yes, there is no cost for everyone. For the VisaCoin holders who lost their money there is zero cost. For the NXT folks who feel disenfranchised, they can trade in their coins for 50x more coins (with limits).
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luckygenough56
Legendary
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Activity: 1526
Merit: 1012
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January 20, 2014, 02:51:05 PM Last edit: January 20, 2014, 03:06:13 PM by luckygenough56 |
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garicup
Member
Offline
Activity: 77
Merit: 10
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January 20, 2014, 02:52:38 PM |
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Noting interest. Distribution without begging for donations is new.
I'll like some nex when this happens.
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bitgold
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January 20, 2014, 02:56:45 PM |
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interested
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