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

[setinstone]

has a time for release been picked yet

We will give a more accurate time range tomorrow.

Reddcoin

thank you would be much apreciated as sunday is my one day i get a lie in so if i dont have to get out of bed to mine ill be happy if you can make it 11.00am GMT that would be great haha

Just put the reddcoin as main pool, with your current pool in failback, so as soon as the reddcoin mining starts your machine will automatically switch to it.

ill be renting a rig from leaserig.net as my graphics card only does about 10kh/s so not realy worth using that haha

What's the average price for the rental

depends on how many mh/s they have but normaly around 0.01871795btc per mh/s for 24 hours

[GigaCoin]

according to redd website, IPO investors are buying red at a price of 0.341 Satoshi. Isn't that extremely high for a coin that's 110BILLION in number ?

would like an explanation correct me if i'm wrong.

Doge is currently at 187 Satoshi for 100 billion coins.

Reddcoin

i read that as 341 Satoshi (three hundred and forty one satoshi) so i assumed it's more expensive than DogeCoin.

So you're saying reddcoin is now less than a satoshi ? if that's the case I'm interested

[ricky0819]

according to redd website, IPO investors are buying red at a price of 0.341 Satoshi. Isn't that extremely high for a coin that's 110BILLION in number ?

would like an explanation correct me if i'm wrong.

You are not paying for a fixed amount of coins. This is just an estimate based on total btc donated and quantity of coins released for btc donated. It changes and grows with more investment.

[boestin]

Donated 0.02 BTC!

[setinstone]

What I think people got to remember is that with any new Altcoin there is always going to be risk involved just think of all those people that said Doge wouldn't do well and it did and people thought feather coin would rocket in price and it didn't realy do that so take a chance that's what I'm doing

[GigaCoin]

What I think people got to remember is that with any new Altcoin there is always going to be risk involved just think of all those people that said Doge wouldn't do well and it did and people thought feather coin would rocket in price and it didn't realy do that so take a chance that's what I'm doing

true about feather coin, good marketing, decent adoption at start, lot of hype, good dev team, they also kinda pioneered the idea of giving away coins for free as a promotion. But in the end it failed miserably. It still has a small loyal following though who really believe that one day it will make them rich, so who knows.

[LMFS]

there is risk Yes. what people arent getting is... feb 15th someone could cut your value in half if they see REDD looking good on an exchange. what if REDD shows up before the 15th on any exchange for 1 satoshi. Well they can easily get it from IPCO for less. but to get it on IPCO is now taking original investors potential ROI.

More people investing creates value of the coin... that is understood. I truly don't believe the dev is understanding whats being said. once the coin hits market the redd/btc value is no longer decided upon investor money. It should'nt be Invest til 15th. should be "invest till 15th or when coin appears on an exchange. whichever comes first." THIS is how you protect your investors.

[scrototeabaggins]

Redd.OakPool.com is taking Pre-Registrations!

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!

[MsCollec]

there is risk Yes. what people arent getting is... feb 15th someone could cut your value in half if they see REDD looking good on an exchange. what if REDD shows up before the 15th on any exchange for 1 satoshi. Well they can easily get it from IPCO for less. but to get it on IPCO is now taking original investors potential ROI.

More people investing creates value of the coin... that is understood. I truly don't believe the dev is understanding whats being said. once the coin hits market the redd/btc value is no longer decided upon investor money. It should'nt be Invest til 15th. should be "invest till 15th or when coin appears on an exchange. whichever comes first." THIS is how you protect your investors.

Either way there's a chance to get rich off Reddcoin if you know how to play the game.

1. Invest minimum BTC in IPCO in order to get 25% premium over stage 2 investors.
2. Save your bitcoin until the dump on exchange by miner which exclude IPCO investors since there's 90 days time-lock on their investments.
3. Sell high along with the IPCO investors after 90days since nobody will sell below the price they got it in IPCO.
4. Smiles all the way to your bitcoin wallet.

[LMFS]

4. Smiles all the way to your bitcoin wallet.

yes... i want to smile a whole smile all the way... not cut in half while i sleep.

[wwonka36]

I'm seeing this cut already happen on a lesser scale as people join the IPCO. I agree that the opportunity should close sooner if it hit exchanges. Anyone who updates the IPCO can see the coins diminish as the REDD Bitcoin investment amount increases. It sucks that this will continue to diminish until Feb 15th. I'm sticking to it because its not much and a potential huge return in time.

Peace,
wonk

[MsCollec]

I'm trying to calculate the total market value just for fun not real lol

Total Supply 109 Billion
Total  BTC 278892.46847230026058509690196856

Total USD 232,100,000


IPCO

Total supply 5 Billion

Total BTC 12793.232498729369751609949631585

Total USD $10,640,000

[setinstone]

I'm trying to calculate the total market value just for fun not real lol

Total Supply 109 Billion
Total  BTC 278892.46847230026058509690196856

Total USD 232,100,000


IPCO

Total supply 5 Billion

Total BTC 12793.232498729369751609949631585

Total USD $10,640,000

I want all the coins haha

[shaun2007182]

I'm trying to calculate the total market value just for fun not real lol

Total Supply 109 Billion
Total  BTC 278892.46847230026058509690196856

Total USD 232,100,000


IPCO

Total supply 5 Billion

Total BTC 12793.232498729369751609949631585

Total USD $10,640,000

I want all the coins haha

no i want all the coins dont be greedy craig

[hero18688]

I am curious of the meaning of “Redd”.
Do you guy change the name because Redcoin is occupied?

[HardFlaccid]

Excited for this. Anyone willing to translate the release time into EST for me?

[InCoinsWeTrust]

http://redd.incoinswetrust.com is taking pre-registrations.

Vardiff stratum
Proportionnal payout - 1% fees
Bonus for block finders : 1000 RDD / block, available for the first 1000 blocks mined by the pool

Register now and be ready to point your miners at stratum+tcp://redd.incoinswetrust.com:3335 on the launch day ! 50+ miners already registered 

[wwtree]

pools pre-registered

[LMFS]

I'm trying to calculate the total market value just for fun not real lol

Total Supply 109 Billion
Total  BTC 278892.46847230026058509690196856

Total USD 232,100,000


IPCO

Total supply 5 Billion

Total BTC 12793.232498729369751609949631585

Total USD $10,640,000

that will only be possible in 2140 when all bitcoin are mined lol

https://en.bitcoin.it/wiki/FAQ#How_long_will_it_take_to_generate_all_the_coins.3F

[_s3v3n_]

What time is the launch in EST?