[ANN][RDD] Reddcoin The Social Currency [PoSV] Electrum Wallet 1.0.2

[scrototeabaggins]

Redd.OakPool.com is now live and available for Pre-Registration!

This is a pre-registration period allowing you to prepare for launch day. Get an early start by signing up, setting up your worker(s), and prepping your miner(s). Then all you need to do is point your miner to: stratum+tcp://redd.oakpool.com:3333 and on February 2nd you're good to go!

If you ever need help or have a question please let me know! You can contact me through Redd.OakPool.com, on the boards here, or on Reddit as /u/thegypsyking. After launch day we will be offering various rewards and bonuses to miners to show our appreciation so be sure to follow up!

[1714164832]

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[1714164832]

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[ReddCoin]

if based on the BTC when all coins from both REDD and BTC are  fully mined... redd could be worth 0.000192661
btc. im not a market analyst and i dont fully understand where these values come from other than a price is set and it goes up and down from there.

if we look at current BTC invested to IPCO volume each REDD is worth 0.00000000291471393761468 btc or 1/3 Satoshi if i understand it right.

anyone feel free to chime in.

I like your maths, and you gave me an idea for the result page, thanks!

Reddcoin

[One Six]

I am kind of interested in this IPO, but the 2 stages of IPO pulls me back. I think 2nd stage of IPO will confuse miners, investors and buyers. Why is 2nd IPO needed? Thanks

[prouted]

Hi, just invested 0.015BTC, I'm the investor ID 259. Didn't get your email yet, can you confirm it's all good ?

Looking forward for the launch !!!!    Good luck guys !!!!

(edit: I can see my ID in the list with the right BTC, but no email yet)

Hi Prouted,

Did you look in your spam folder?

Thanks for your support.

Reddcoin

It's not in spam, I didn't get the email. Another inverstor told me he is also waiting. Could you please send the email back or provide the information using PM ?

[grbox2001]

In regards to the many IPO scams that have happened on BTC recently with new coins. Would you consider doing your IPO using an escrow? If not, why not?

[shaun2007182]

2 days left and counting.   Come on everyone they should be so much more chatter in here.  This is a great coin with great goals not a knockoff like those guys sell on the beaches.

WAKE THE F*** UP get excited.   One ingrediant to a good coin is a great community look at the USD-e buzz, they have a crazy amount of buzz on their thread.  Again great goals (diffrent to this coin)

So Guv how about a competition.  Something like best picture including the Reddcoin coin on wins something?

[setinstone]

2 days left and counting.   Come on everyone they should be so much more chatter in here.  This is a great coin with great goals not a knockoff like those guys sell on the beaches.

WAKE THE F*** UP get excited.   One ingrediant to a good coin is a great community look at the USD-e buzz, they have a crazy amount of buzz on their thread.  Again great goals (diffrent to this coin)

So Guv how about a competition.  Something like best picture including the Reddcoin coin on wins something?

completely agree with you there needs to be more buzz on this page hopefully the new marketing director will get the ball rolling before the release date and get more people on board with this coin.
we need some Reddcoin love.

[MsCollec]

Waiting for the stage 1 IPO to close before drumming support for Reddcoin  more people now less coins to be distributed. Moreover let the miners know that this is the first coins to have a preset value due to the IPCO i don't think anyone would like to miss this opportunity to get a quick ROI in few days

[LMFS]

the IPCO needs to be minimum %60 to the 1stage investors. Quite honestly no one after Feb 2nd should be allowed to buy in once the coin is live. I've watche my coins get cut in half in a week. What will happen when they hit exchange in next 2 weeks and gain value. You're sitting looking at your ROI on feb 2nd and it looks good. You took a chance and you're excited. X number coins coming my way.... woohoo. Somewhere around Feb 14th there is a nice jump in value because Redd does things right. Then a few schmucks decide they want to invest cause they see Redd is good. Bam everyone has their coin cut in half. Market value doesn't double so instantly every ones ROI is sliced in half all because a few were too chicken to take the risk before Feb 2nd.

At the moment the value of Redd is only based on the number of BTC invested. that's it. but once the market gets it there will be a public value and that changes things. Once it hits the open market and a new value is set and more people invest you begin diluting the value of every body who invested prior to launch if the value goes up.

Another Example of diluting value. When more BTC is invested, but IPO remains the same, the value of Redd goes up, but its not relative to your coins received.
Example from a few days ago.
8.5 BTC invested by all / 5,450,000,000 coins = 0.00000000155963302752294 x 804,657,728 my Redd =  $1,006.37 (+200 give or take based BTC value) instant return.

Then today...
17.34098244 BTC / 5,450,000,000 coins = 0.00000000318183164036697 x 344,634,153 Redd =  $ $879.35  (+70 give or take based BTC value) instant return is less. the reason it is less is due to the XYZ vaues in the equation. Definately not the way it should occur. # of coins should be #BTC/#redd * #btc personally invested in order to not dilute your Shares.

Now real world crap.
Say feb 14th i'm still solid at 344,634,153 Redd and the market opens and Redd/BTC is .00000001. lowest btc increment available. Thats  $2,763.66 ROI right there if market held 90 days to sell all coins.

If joe schmuck and his gang want to invest 17btc the new amount of coins gets sliced in half. its actually more due to the XYZ factors but lets say half to be simple. So now feb 15th you went from 344,634,153 to 172317076.5 but the btc market (now  that coin is live) is still only at 0.00000001, your new ROI is now  $1,381.83 and you lost  $1,381.83 overnight. Not due to the market but due to someone buying IPCO after launch.

Lets say Redd/BTC jumps to 0.00000005 on feb 14th. that's $13,785.37 return. not bad huh for taking a risk. But don't forget... people can still buy in. And they do. Bam your coin cut in half and your new ROI is  $6,892.68.

Not to be greedy but I'd be pissed if that happened. And I know everyone else would be too. IPCO should close feb 2nd. Risk is risk. Investor risk more than those that buy/sell on market. We risk the market dropping.... but we now risk someone cutting in on our profits by buying in at the very end.

[kache]

2 days left and counting.   Come on everyone they should be so much more chatter in here.  This is a great coin with great goals not a knockoff like those guys sell on the beaches.

WAKE THE F*** UP get excited.   One ingrediant to a good coin is a great community look at the USD-e buzz, they have a crazy amount of buzz on their thread.  Again great goals (diffrent to this coin)

So Guv how about a competition.  Something like best picture including the Reddcoin coin on wins something?

Mate, it's hard to be excited in the current situation: the goal the creator of this coin has in mind is awesome, but there are two problems:
- Doge has already done most of them, although in a non-centralized way, and doge already has a huge userbase.
- The Reddcoin admin only has ideas, he doesn't have any coders working on the project or any proof of concept released.

Don't misunderstand me: I would love for this to succeed, since Doge is already too difficult to mine and too expensive to buy for mere tipping purposes, but there is really not much done to give me faith in the long term success (hell, even in the short term success) of this coin...

[seandaniel]

2 days left and counting.   Come on everyone they should be so much more chatter in here.  This is a great coin with great goals not a knockoff like those guys sell on the beaches.

WAKE THE F*** UP get excited.   One ingrediant to a good coin is a great community look at the USD-e buzz, they have a crazy amount of buzz on their thread.  Again great goals (diffrent to this coin)

So Guv how about a competition.  Something like best picture including the Reddcoin coin on wins something?

Mate, it's hard to be excited in the current situation: the goal the creator of this coin has in mind is awesome, but there are two problems:
- Doge has already done most of them, although in a non-centralized way, and doge already has a huge userbase.
- The Reddcoin admin only has ideas, he doesn't have any coders working on the project or any proof of concept released.

Don't misunderstand me: I would love for this to succeed, since Doge is already too difficult to mine and too expensive to buy for mere tipping purposes, but there is really not much done to give me faith in the long term success (hell, even in the short term success) of this coin...

i like your comment, ive been reading this thread.Problem is anyone can give a very good idea, plans etc

[burningzoul]

Are there any actual developers with a "roadmap" in mind to follow after the relaunch, like some services, paper wallet, exchange, and so on?

[shaun2007182]

well lets see what happens.   But yes I am disliking the the amount in the 2nd  pool.  Your right the people who have put in already taking the risk should get the pay out.  I dont think anyone should be able to buy in once the coin is released.  Hope Redd reads these and takes action.  Iv seen my payout and its halfed already.

Cancel the 2nd payout or at least make first payout bigger pool than 2nd.

[feeleep]

Pool ready for pre-registration (proportional, stratum only, vardiff, 1% fee, two nodes on dedicated servers):

https://www2.coinmine.pl/rdd/
Primary Node:	mine1.coinmine.pl:6300
Secondary Node:	mine2.coinmine.pl:6300

[scrototeabaggins]

Make sure to join the community on www.reddit.com/r/reddcoin

[LMFS]

additionally.... if someone were to invest IPCO with no means to mine coin and if the markets spikes high on launch and then takes a nose dive on feb 15th due to influx of new coins available all 1 stage investors lose out on all of that initial opportunity.

1st stage investors should have 1st stage coins in their wallet by end of IPCO. now with no development in place and coin value tanks.... dev walks away with 15,000$ without doing a thing.


IPCO rules need to change quickly. and the dev needs to be responding equal to the number of posts in this thread if he is truly behind this coin. Should be monitoring this thread like a hawk.

[hero18688]

Too much primine？

[HardFlaccid]

Redd.OakPool.com is now live and available for Pre-Registration!

This is a pre-registration period allowing you to prepare for launch day. Get an early start by signing up, setting up your worker(s), and prepping your miner(s). Then all you need to do is point your miner to: stratum+tcp://redd.oakpool.com:3333 and on February 2nd you're good to go!

If you ever need help or have a question please let me know! You can contact me through Redd.OakPool.com, on the boards here, or on Reddit as /u/thegypsyking. After launch day we will be offering various rewards and bonuses to miners to show our appreciation so be sure to follow up!

Registered here! See you on release

[kelvinliong]

When will it launch?
Only the dev knows?

[nunya_coin]

When will it launch?
Only the dev knows?

I'm expecting it'll be during the superbowl