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Gingermod (OP)
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February 27, 2014, 10:45:28 PM
Last edit: February 27, 2014, 11:05:44 PM by Gingermod |
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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  |
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otila
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February 27, 2014, 10:49:20 PM |
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his coin is going to be pure PoS
= Piece of Shit |
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Gingermod (OP)
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February 27, 2014, 10:51:41 PM |
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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. |
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Enkanel
Newbie
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Activity: 5
Merit: 0
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February 27, 2014, 10:52:03 PM |
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Best coin ever, good work from the dev' team! Wow!
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Gingermod (OP)
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February 27, 2014, 10:55:35 PM |
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Best coin ever, good work from the dev' team! Wow!
Thank you it took 5 minutes months |
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1stbet
Newbie
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Activity: 45
Merit: 0
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February 27, 2014, 10:56:25 PM |
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Best coin ever, good work from the dev' team! Wow!
Thank you it took 5 minutes months Gingermod = Coin police DGB thread missed you |
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brokedummy
Legendary
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Activity: 980
Merit: 1004
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February 27, 2014, 10:57:33 PM |
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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
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Gingermod (OP)
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February 27, 2014, 10:57:51 PM |
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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 ;^) |
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Gingermod (OP)
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February 27, 2014, 10:58:51 PM |
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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!" |
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Gingermod (OP)
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February 27, 2014, 11:03:28 PM |
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Gingermod (OP)
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February 27, 2014, 11:06:58 PM |
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Do you guys like my crypto-approach?
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brokedummy
Legendary
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Activity: 980
Merit: 1004
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February 27, 2014, 11:08:35 PM |
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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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1stbet
Newbie
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Activity: 45
Merit: 0
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February 27, 2014, 11:08:58 PM |
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Do you guys like my crypto-approach?
I like your entertainment more .. especially in DGB and mint thread |
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Gingermod (OP)
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February 27, 2014, 11:10:10 PM |
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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  |
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Gingermod (OP)
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February 27, 2014, 11:18:23 PM |
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bump :^)
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ap3311
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February 27, 2014, 11:32:20 PM |
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WTB 10000000 MICHAEL for 0.00000001 BTC
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publicjud
Legendary
Offline
Activity: 1120
Merit: 1003
twet.ch/inv/62d7ae96
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February 28, 2014, 01:50:03 AM |
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Someone is pretty hard up...
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Join Twetch twet.ch/inv/62d7ae96 |
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DigiByte
Legendary
Offline
Activity: 1722
Merit: 1051
Official DigiByte Account
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February 28, 2014, 01:52:35 AM |
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Source code, Windows Wallet, Mac OSX, Android? Ginger, we demand instant release gratification! But thank you, we feel flattered  |
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