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Author Topic: [ANN] - Michaelcerawithamustachecoin - Featuring: "Nothing New"  (Read 3859 times)
Gingermod (OP)
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February 27, 2014, 10:45:28 PM
Last edit: February 27, 2014, 11:05:44 PM by Gingermod
 #1


This coin is going to be pure PoS and you can only mine the first week. Therefore it's an even bigger ponzi scheme than other PoS coins.

There's a 2% premine, but that's okay because it's Transparent™ and Professional™

Also there's probably an exchange coming and we're definitely gonna be a 1 billion market in a year.

I would also like to unveil the revolutionary new Algorithm based on a minimalist philosophy. We call it.
"NOTHING NEW"


Say hello to MichaelcerawithamustacheMAN



BitCoinPokerBro
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February 27, 2014, 10:47:46 PM
 #2

 so amazing Shocked
otila
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February 27, 2014, 10:49:20 PM
 #3

his coin is going to be pure PoS

= Piece of Shit
Gingermod (OP)
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February 27, 2014, 10:51:41 PM
 #4

his coin is going to be pure PoS

= Piece of Shit


That's not true PoS is fair™ green™ and we totally didn't take it from peercoin.
Enkanel
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February 27, 2014, 10:52:03 PM
 #5

Best coin ever, good work from the dev' team! Wow!
Gingermod (OP)
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February 27, 2014, 10:55:35 PM
 #6

Best coin ever, good work from the dev' team! Wow!

Thank you it took 5 minutes months
1stbet
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February 27, 2014, 10:56:25 PM
 #7

Best coin ever, good work from the dev' team! Wow!

Thank you it took 5 minutes months

Gingermod = Coin police

DGB thread missed you
brokedummy
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February 27, 2014, 10:57:33 PM
 #8

a ponzi scheme is one in which the early investors are paid off by later investors. A pos coin with a fast initial distribution is nothing like a ponzi scheme because there is no guarantee later investors will pay the same rate you paid for the coins.

tl;dr GTFO troll
Gingermod (OP)
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February 27, 2014, 10:57:51 PM
 #9

Best coin ever, good work from the dev' team! Wow!

Thank you it took 5 minutes months

Gingermod = Coin police

DGB thread missed you

It's a shame everyone calls me a troll! I'll be here doing god's work guys. Can't wait until a good currency comes out ;^)
Gingermod (OP)
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February 27, 2014, 10:58:51 PM
 #10

a ponzi scheme is one in which the early investors are paid off by later investors. A pos coin with a fast initial distribution is nothing like a ponzi scheme because there is no guarantee later investors will pay the same rate you paid for the coins.

tl;dr GTFO troll

"Oh you didn't get in on the 5 week mining period? That's okay you can buy some coins from me so that you can eventually sell to others like you!"
bluewhackadoo
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February 27, 2014, 11:02:19 PM
 #11

Bitcorn™ is the PoS™, green™, fair™, farm™ coin of 2014™, all the rest fall in its shadow - https://bitcointalk.org/index.php?topic=488139.0
Gingermod (OP)
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February 27, 2014, 11:03:28 PM
 #12

Bitcorn™ is the PoS™, green™, fair™, farm™ coin of 2014™, all the rest fall in its shadow - https://bitcointalk.org/index.php?topic=488139.0

That LOGO YES YES
Gingermod (OP)
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February 27, 2014, 11:06:58 PM
 #13

Do you guys like my crypto-approach?
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February 27, 2014, 11:08:35 PM
 #14

a ponzi scheme is one in which the early investors are paid off by later investors. A pos coin with a fast initial distribution is nothing like a ponzi scheme because there is no guarantee later investors will pay the same rate you paid for the coins.

tl;dr GTFO troll

"Oh you didn't get in on the 5 week mining period? That's okay you can buy some coins from me so that you can eventually sell to others like you!"

There is no guarantee of profits therefore its not a ponzi scheme. The only guarantee is how the coin is distributed and if you saw the coin ANN and passed because of the premine that's your choice. Life is all about choices and nobody is forcing you to buy the coins now because you missed out, but if you want to you are welcome to purchase but there is no guarantee you will be able to sell for more than you paid. The only guarantee is you will receive your pos payments for holding the coins. The rest is up to the free markets.
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February 27, 2014, 11:08:58 PM
 #15

Do you guys like my crypto-approach?

I like your entertainment more .. especially in DGB and mint thread
Gingermod (OP)
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February 27, 2014, 11:10:10 PM
 #16

a ponzi scheme is one in which the early investors are paid off by later investors. A pos coin with a fast initial distribution is nothing like a ponzi scheme because there is no guarantee later investors will pay the same rate you paid for the coins.

tl;dr GTFO troll

"Oh you didn't get in on the 5 week mining period? That's okay you can buy some coins from me so that you can eventually sell to others like you!"

There is no guarantee of profits therefore its not a ponzi scheme. The only guarantee is how the coin is distributed and if you saw the coin ANN and passed because of the premine that's your choice. Life is all about choices and nobody is forcing you to buy the coins now because you missed out, but if you want to you are welcome to purchase but there is no guarantee you will be able to sell for more than you paid. The only guarantee is you will receive your pos payments for holding the coins. The rest is up to the free markets.

Calm down buddy  Grin
Gingermod (OP)
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February 27, 2014, 11:18:23 PM
 #17

bump :^)
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February 27, 2014, 11:32:20 PM
 #18

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publicjud
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February 28, 2014, 01:50:03 AM
 #19

Someone is pretty hard up...

Join Twetch twet.ch/inv/62d7ae96
DigiByte
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February 28, 2014, 01:52:35 AM
 #20

Source code, Windows Wallet, Mac OSX, Android? Ginger, we demand instant release gratification!

But thank you, we feel flattered Smiley

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