niothor
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March 18, 2014, 11:15:53 AM |
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I don't like the idea of nation coins. Simple as that. I see them failing one after the other. I am even willing to make a bet on it. How about something long term? It doesn't mean that I didn't hold and then sold a few coin myself. But right now, the situation is f*** up. And even the biggest fan would have to be an idiot not to see it. Nation coins popping everywhere , no actual plan for delivery , peopel stuck with coins they bough at 10x times the price , bitcoin tanking... This is the reality , but as I said it times after times People blinded by greed can't hear the voice of reason anymore. I think these nation coins have a great deal of potential if executed right. Have my eyes on one that's very successful doing the distribution. PM me for details if you want. I won't disclose it here. Spaincoin needs to change a few things, IDs alone won't work, I'm afraid. Devs, however, seem to be surprisingly committed to the project, which is good. I agree with those point. However I don't see the issues being fixed that soon. As for the last it takes a lot of man power to actually do the checking without a public id database.
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Herp
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March 18, 2014, 11:19:03 AM Last edit: March 18, 2014, 11:35:49 AM by Herp |
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I don't like the idea of nation coins. Simple as that. I see them failing one after the other. I am even willing to make a bet on it. How about something long term? It doesn't mean that I didn't hold and then sold a few coin myself. But right now, the situation is f*** up. And even the biggest fan would have to be an idiot not to see it. Nation coins popping everywhere , no actual plan for delivery , peopel stuck with coins they bough at 10x times the price , bitcoin tanking... This is the reality , but as I said it times after times People blinded by greed can't hear the voice of reason anymore. I think these nation coins have a great deal of potential if executed right. Have my eyes on one that's very successful doing the distribution. PM me for details if you want. I won't disclose it here. Spaincoin needs to change a few things, IDs alone won't work, I'm afraid. Devs, however, seem to be surprisingly committed to the project, which is good. I agree with those point. However I don't see the issues being fixed that soon. As for the last it takes a lot of man power to actually do the checking without a public id database. Aurora will use a public database for the distribution. Iceland has public database with all people. The coin I've mentioned earlier uses a combination of paperwork IDs and Facebook profile in a very ingenious way. Spaincoin could learn from that and try and use the same model.
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SpainCoinDev (OP)
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March 18, 2014, 11:19:18 AM |
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I agree with those point. However I don't see the issues being fixed that soon. As for the last it takes a lot of man power to actually do the checking without a public id database.
I think you haven't understood how it will be done. It won't be manual labour (and no there isn't a public database). The ID card has a chip that's even capable of digital signing, that's how the id can be automatically verified. They insert the card in a reader and identify themselves to the website or application in question. It's been explained already, and it's on the website's FAQ. There is no paperwork involved on our part
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romanticon
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March 18, 2014, 11:23:34 AM |
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What is going on with diff? Any developer aroud here?
The miners believe in the coin, I guess it has a glorious future not only the past.
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BlackMarket
Sr. Member
Offline
Activity: 322
Merit: 250
Super Smash Bros. Ultimate Available Now!
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March 18, 2014, 11:25:07 AM |
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The coin I've mentioned earlier uses a combination of paperwork IDs and Facebook profile in a very ingenious way. Spaincoin could learn from that and try and use the same model.
what is that coin ?
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buddynuno
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March 18, 2014, 11:27:04 AM |
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I don't like the idea of nation coins. Simple as that. I see them failing one after the other. I am even willing to make a bet on it. How about something long term?
It doesn't mean that I didn't hold and then sold a few coin myself. But right now, the situation is f*** up. And even the biggest fan would have to be an idiot not to see it.
Nation coins popping everywhere , no actual plan for delivery , peopel stuck with coins they bough at 10x times the price , bitcoin tanking...
This is the reality , but as I said it times after times
People blinded by greed can't hear the voice of reason anymore.
Ok, you don't like Nation coins! Tell me then, just to mention a few of the whole sea of coins out there. Why is Dogecoin, Blackcoin, Mintcoin, Devcoin, Quarkcoin, Worldcoin or Vertcoin any better than Nationcoins? They all brought exposure to cryptocurrencies and seems to me Nation coins are no different. As a matter of fact I do believe they can awake even more people's attention towards the crypto/digital currency option. We are still in the infancy of this industry and if Nation coins should they go through with what is plan they can be very beneficial to the crypto adoption!!!
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niothor
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March 18, 2014, 11:28:22 AM |
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I agree with those point. However I don't see the issues being fixed that soon. As for the last it takes a lot of man power to actually do the checking without a public id database.
I think you haven't understood how it will be done. It won't be manual labour (and no there isn't a public database). The ID card has a chip that's even capable of digital signing, that's how the id can be automatically verified. They insert the card in a reader and identify themselves to the website or application in question. It's been explained already, and it's on the website's FAQ. There is no paperwork involved on our partIs the type of card mandatory for every citizen in Spain ? There were users (from Spain) who claimed that not all Spaniards have one. Is is free or legal , and can everybody have access to the verification mechanism?
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Davidbc
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March 18, 2014, 11:28:43 AM |
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I agree with those point. However I don't see the issues being fixed that soon. As for the last it takes a lot of man power to actually do the checking without a public id database.
I think you haven't understood how it will be done. It won't be manual labour (and no there isn't a public database). The ID card has a chip that's even capable of digital signing, that's how the id can be automatically verified. They insert the card in a reader and identify themselves to the website or application in question. It's been explained already, and it's on the website's FAQ. There is no paperwork involved on our partWhat reader?
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niothor
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March 18, 2014, 11:33:48 AM |
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I don't like the idea of nation coins. Simple as that. I see them failing one after the other. I am even willing to make a bet on it. How about something long term?
It doesn't mean that I didn't hold and then sold a few coin myself. But right now, the situation is f*** up. And even the biggest fan would have to be an idiot not to see it.
Nation coins popping everywhere , no actual plan for delivery , peopel stuck with coins they bough at 10x times the price , bitcoin tanking...
This is the reality , but as I said it times after times
People blinded by greed can't hear the voice of reason anymore.
Ok, you don't like Nation coins! Tell me then, just to mention a few of the whole sea of coins out there. Why is Dogecoin, Blackcoin, Mintcoin, Devcoin, Quarkcoin, Worldcoin or Vertcoin any better than Nationcoins? They all brought exposure to cryptocurrencies and seems to me Nation coins are no different. As a matter of fact I do believe they can awake even more people's attention towards the crypto/digital currency option. We are still in the infancy of this industry and if Nation coins should they go through with what is plan they can be very beneficial to the crypto adoption!!! You listed a few coins I like and hold and a few I think are pure s****. So the question is quite tricky. Sincerely , why I don't like nation coins : It's highly unlike a nation will adopt a coin. Why should they? Just because they are given 50%? In two years it is possible that 80% of the coins are held by colombians. That would be weird , right? There are no real plans what to do afterwards... they all take the infrastructure for granted. Just look how hard is for bitcoin to get accepted and even if it gets , after that the other coins get a slam of the door. Plus , I have the feeling that the dev won't distribute all the coins. There is no actual mean of verifying this. Or to verify they haven't distributed the coins to 1000 account owned by them There is so much doubt in all of these I can't get myself to use nation coins for other than 1 day buy second day dump and i'm not crazy enough to try it once more.
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SpainCoinDev (OP)
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March 18, 2014, 11:34:53 AM |
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I agree with those point. However I don't see the issues being fixed that soon. As for the last it takes a lot of man power to actually do the checking without a public id database.
I think you haven't understood how it will be done. It won't be manual labour (and no there isn't a public database). The ID card has a chip that's even capable of digital signing, that's how the id can be automatically verified. They insert the card in a reader and identify themselves to the website or application in question. It's been explained already, and it's on the website's FAQ. There is no paperwork involved on our partIs the type of card mandatory for every citizen in Spain ? There were users (from Spain) who claimed that not all Spaniards have one. Is is free or legal , and can everybody have access to the verification mechanism? What reader?
Every citizen has a DNI (national identity document). Since 2006 they all have the chip-card. Some people have the old DNI but most have the new DNI-e, because there was a strong campaign to increase adoption. It's cumbersome to use on government websites though so people don't use it much, but its capabilities are there for anyone to use. DNIs have to be renewed every 10 years and we're on year 8 since dnie was introduced: that plus the initial campaign to boost adoption means practically everyone has it by now. http://www.dnielectronico.es/como_utilizar_el_dnie/A USB iso7816 smartcard reader will do. Some keyboards have one built-in.
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P2PHash
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March 18, 2014, 11:36:10 AM |
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Hi guys, I just made a p2pool for Spaincoin! Now with Bittrex price displayed Address: spa.p2phash.com
P2Pool benefits:* No registration required * Distributed hashrate * Immediate payouts after a block is found * Higher payouts with transaction fees paid to miners * No account hack possible Fee: only 0.5% Start mining within seconds! Just point your miner to p2phash.com:25490 and use the Spaincoin address from your wallet for username, the password doesn't matter.
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HEISENAIR
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March 18, 2014, 11:36:52 AM |
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Good to see you're on the ball Dev. Gives the coin a lot more credit when you are active. Thanks!
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Davidbc
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March 18, 2014, 11:37:45 AM |
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I agree with those point. However I don't see the issues being fixed that soon. As for the last it takes a lot of man power to actually do the checking without a public id database.
I think you haven't understood how it will be done. It won't be manual labour (and no there isn't a public database). The ID card has a chip that's even capable of digital signing, that's how the id can be automatically verified. They insert the card in a reader and identify themselves to the website or application in question. It's been explained already, and it's on the website's FAQ. There is no paperwork involved on our partIs the type of card mandatory for every citizen in Spain ? There were users (from Spain) who claimed that not all Spaniards have one. Is is free or legal , and can everybody have access to the verification mechanism? What reader?
Every citizen has a DNI (national identity document). Since 2006 they all have the chip-card. Some people have the old DNI but most have the new DNI-e, because there was a strong campaign to increase adoption. It's cumbersome to use on government websites though so people don't use it much, but its capabilities are there for anyone to use. DNIs are renewed every 10 years and we're on year 8 since dnie was introduced: that plus the initial campaign to boost adoption means practically everyone has it by now. http://www.dnielectronico.es/como_utilizar_el_dnie/A USB iso7816 smartcard reader will do. Some keyboards have one built-in. Yeah I know I have one, I'm spanish from Barcelona. What I meant is that not everyone has a card reader, so in order to get the coins they would have to buy one... Luckily I have one
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UncleJaysus
Member
Offline
Activity: 105
Merit: 10
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March 18, 2014, 11:38:40 AM |
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SpainCoin seems to have finally stabilised now, and is actually showing a reassuringly slow-'n-steady upward trend for the first time since the spike.
Good time to get back in, in my opinion.
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Davidbc
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March 18, 2014, 11:44:02 AM |
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SpainCoin seems to have finally stabilised now, and is actually showing a reassuringly slow-'n-steady upward trend for the first time since the spike.
Good time to get back in, in my opinion.
Yeah it seems we already hit bottom.
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Mad Scientist
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March 18, 2014, 11:44:08 AM |
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SpainCoin seems to have finally stabilised now, and is actually showing a reassuringly slow-'n-steady upward trend for the first time since the spike.
Good time to get back in, in my opinion. Whoever bought at the bottom has now doubled their money!
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naaktslak
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March 18, 2014, 11:44:56 AM |
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get ready for another pump
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nrg_wolf
Legendary
Offline
Activity: 882
Merit: 1000
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March 18, 2014, 11:47:31 AM |
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get ready for another pump
lets see if this is already the pump.
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radostosic
Member
Offline
Activity: 80
Merit: 10
In Crypto I trust
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March 18, 2014, 11:48:10 AM |
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SpainCoin seems to have finally stabilised now, and is actually showing a reassuringly slow-'n-steady upward trend for the first time since the spike.
Good time to get back in, in my opinion. Whoever bought at the bottom has now doubled their money! The same thing you gonna say when coin hit 0.0026 for people who bought at 0.0013.. So, time for buy is allways..
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Donate : 5ZKehxGh1CaY3dD9ot1y7j28B99oStxZhb
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