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

[wwtree]

when is the launch  time of UTC

[MsCollec]

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

There is a coin called Redcoin long before Reddcoin was born

[wwonka36]

Ouch, now my coins after stage one and stage two have dropped from almost 2,000,000 to 1,375,000 in two days and still 16 days to go before lock-in. Guys at REDD I see your at 24 bitcoins!! That is great but the more you get, the less coins I get for 16 more days. At the rate of decreased coin allowance for us, by the closing date each investor will be out millions of RDDcoin.  Right now its not a big deal because RDDcoin are worthless, but when it hits the exchanges that is a crazy real money loss.

Investors please correct me if I'm wrong.

Peace,
wonk

[MsCollec]

Rejoice Wonk!  Your total Reddcoin is reducing but the value is increasing rapidly too. Just sit back and watch your BTC  put Reddcoin in the top 5 market value  

Don't put any liquid in your mouth next time you check IPCO live results because your coins might have dropped to 500k from 2,000,000

[tk808]

I posted in a giveaway thread "name your favorite social media network" for .01btc in the IPO

I never got an email confirmation after i sent you a pm, did i just get blown off?

Would love to hear a response OP

[Battleorigin]

Ouch, now my coins after stage one and stage two have dropped from almost 2,000,000 to 1,375,000 in two days and still 16 days to go before lock-in. Guys at REDD I see your at 24 bitcoins!! That is great but the more you get, the less coins I get for 16 more days. At the rate of decreased coin allowance for us, by the closing date each investor will be out millions of RDDcoin.  Right now its not a big deal because RDDcoin are worthless, but when it hits the exchanges that is a crazy real money loss.

Investors please correct me if I'm wrong.

Peace,
wonk

Hi everyone,

Please keep this in mind: The value of your investment doesn't change when more people join the IPCO. You will get less coin, but every time someone joins the IPCO, the coin value increases.

In the next weeks, the market will regulate the coin price in 2 different ways. First, how much everyone pays for it during the IPCO and second, how easy it is to mine.

If you receive less coins for the same investment during the IPCO, they will be worth more. You pay the same amount and you receive less so you obviously believe they are worth more. Everyone will have to pay more for their coins so they will be looking to sell them for more. This is simple economics, supply and demand.

It's the same for miners. The more miners who mining Reddcoin, the less reward they will receive when they find a block. Having a lot of miners will lower supply and increase coin value.

Our job in the next weeks will be to have more miners. This will be the only way to increase coin value in the short term. To make this happen, we have to work together so more miners get on board and mine Reddcoin.

Then, our next plan will kick in during the coming months and continue to grow the demand for RDD in the cryptocommunity and most importantly - social networks.

Reddcoin

It make sense.

[wwonka36]

I see the Satoshi value now.... don't know why I didn't notice that before. Thanks.

I do have one more question. At the completion of stage one tomorrow, will the stage one coin amount still decrease in the next 15 days or is that locked in?
I'm new so disregard my ignorance..lol 

[LMFS]

Rejoice Wonk!  Your total Reddcoin is reducing but the value is increasing rapidly too. Just sit back and watch your BTC  put Reddcoin in the top 5 market value  

Don't put any liquid in your mouth next time you check IPCO live results because your coins might have dropped to 500k from 2,000,000

well if i make $10,000 with 10,000 coins and my coins cut in half but coin goes up and i still make 10,000 im not any happier.

I also notice that a person investing 2.5 btc gets 4x more coins than a person who invested 1 BTC. Sooo the guy at the top gets a bonus for risking the most? I'm sure you will have some "welcome to the world of investing" advice for this.

Whats stopping Dev from taking 3 or 4 BTC from IPCO and reinvesting it to be top investor and taken some for himself. So many things not proper for IPCO. It seems the people at the top are happy and telling the rest suck it up with no data to support their own logic.

[MsCollec]

Reddcoin,
Did you consider creating a social network that's targeted towards BTT members because using message features here sucks.
Maybe you could have premium features where members can pay in Reddcoin.
News related to cryptocurrency.
Profile/rating
Tipping
Like/dislike button or F### off

I just think you should look into opportunities here too before moving into Google plus and Facebook but where's official Reddcoin forum.

[seandaniel]

Reddcoin,
Did you consider creating a social network that's targeted towards BTT members because using message features here sucks.
Maybe you could have premium features where members can pay in Reddcoin.
News related to cryptocurrency.
Profile/rating
Tipping
Like/dislike button or F### off

I just think you should look into opportunities here too before moving into Google plus and Facebook but where's official Reddcoin forum.

exactly.. we need an official forum

[LMFS]

quick math.

26.25721741 BTC IPCO / 5,450,000,000 RDC = 0.00000000481783805688073 BTC for each reddcoin

#1 Spot
invested 2.55500000 btc with 749,199,670 reddcoin

#9 Spot
invested 1.01177620 btc with 210,889,684 reddcoin

#1 749,199,670 x current value =  $2,894.51  which is 3.6btc
#9 210,889,684 x current value =  $   814.77  which is 1.01btc


interesting huh.... and below 1btc investors are at a loss already out the gate.

[MsCollec]

quick math.

26.25721741 BTC IPCO / 5,450,000,000 RDC = 0.00000000481783805688073 BTC for each reddcoin

#1 Spot
invested 2.55500000 btc with 749,199,670 reddcoin

#9 Spot
invested 1.01177620 btc with 210,889,684 reddcoin

#1 749,199,670 x current value =  $2,894.51  which is 3.6btc
#9 210,889,684 x current value =  $   814.77  which is 1.01btc


interesting huh.... and below 1btc investors are at a loss already out the gate.

[MaxOnBit]

quick math.

26.25721741 BTC IPCO / 5,450,000,000 RDC = 0.00000000481783805688073 BTC for each reddcoin

#1 Spot
invested 2.55500000 btc with 749,199,670 reddcoin

#9 Spot
invested 1.01177620 btc with 210,889,684 reddcoin

#1 749,199,670 x current value =  $2,894.51  which is 3.6btc
#9 210,889,684 x current value =  $   814.77  which is 1.01btc


interesting huh.... and below 1btc investors are at a loss already out the gate.

Do you think that when the Reddcoin appears on the Exchanges (Cryptsy, Coinmarket and etc), its price will not rise and it always will 0.00000000481 ?)

[MsCollec]

^^^^^ current value of the coins is lesser than the initial bitcoin Invested which is weird since the current value of the investors in the top ranking is above the bitcoin they Invested. The IPCO is flawed

[LMFS]

Do you think that when the Reddcoin appears on the Exchanges (Cryptsy, Coinmarket and etc), its price will not rise and it always will 0.00000000481 ?)

it will rise. and great. But everyone seems to be missing the point. unless you're #1 2 3 investor quick settling for what you get. its amazing... truly is. the only people who get it are the ones on top and they will tell everyone to be happy with what you got because they like the system as is. its a fact.

^^^^^ current value of the coins is lesser than the initial bitcoin Invested which is weird since the current value of the investors in the top ranking is above the bitcoin they Invested. The IPCO is flawed

Yes it is very flawed. This can be fixed at any time. 2 groups are making out here. Developer with his $20,000+ worth of btc and the top investor. there is nope point in leaving IPCO open after feb 2 and the distribution coefficients need to go away.

Simple distribution treating coins as shares.
#btc invested in entire IPCO / #of reddcoins * btc invested by id = # reddcoins received.

[MsCollec]

No one knows the Reddcoin bitcoin address so that we can monitor the fund, he could be reinvesting the btc for himself or just write bitcoin out of the thin air. Best IPCO ever!

[LMFS]

No one knows the Reddcoin bitcoin address so that we can monitor the fund, he could be reinvesting the btc for himself or just write bitcoin out of the thin air. Best IPCO ever!

Dev receives 26 btc...
takes 2.5 btc reinvests into own IPCO and takes 1/5 total coins. Brilliant.

[Mivexil]

One thing - if you want to be all professional about your coin and everything, redirecting people from outside US to Google-translated page is a terrible, horrible idea.

If you want to put in a bounty for translation to Polish, I'm in it.

[wwonka36]

I guess thats why we 203 investors who believe in the REDD's plans to invest should expect the REDD team to produce results and make good on their future plans.

Peace,
wonk

[MsCollec]

No one knows the Reddcoin bitcoin address so that we can monitor the fund, he could be reinvesting the btc for himself or just write bitcoin out of the thin air. Best IPCO ever!

Dev receives 26 btc...
takes 2.5 btc reinvests into own IPCO and takes 1/5 total coins. Brilliant.

I said it before IPO IPCO is another way for dev to continue to screwing up people. Now we are all toasted same as Premine, all coins belong to developers we are just buying the bounty instead creating services in order to claim the bounty