When Social Media Meets Crypto Currency

[DragonHo]

Interesting article about alternate crypto currency http://www.reddit.com/r/REDDCOIN

Reddcoin: When Social Media meets Crypto Currency


The world’s first crypto coin which is dedicated to tipping on social media. Have you ever wanted to give a little
“thank you” to all the people helping you on twitter? Or the fans following and retweeting your tweets?

We are all familiar with the following situation; you’re planning a trip with your fiancé for the coming weekend,
you want to know which is the best Italian restaurant to go. Since you believe in the power of the crowd,
you tweet and ask your followers “What is the best Italian restaurant to go to?”. And what happens almost
immediately? Dora tweets a suggestion for you, describing the delicious salmon pizza she just had
at Marco’s Trattoria, which is to die for. Since you are a person that values such quick, qualified, and
personal responses, you ask yourself;

                 “How can I quickly repay a follower for helping me?”

This is where Reddcoin comes in. Just imagine with a simple tweet like:


http://cdn.business2community.com/wp-content/uploads/2014/03/Screen-Shot-2014-03-03-at-4.01.08-pm-600x255.png

You can now tip your follower, Dora, with real money for helping you out! So I am sure you have some
questions in mind, like what is 2000 RDD worth? 2000 RDD currently has a value of  approximately 10 cents USD,
which is subject to change over time.

--- What is Reddcoin ?

Reddcoin  is a crypto currency like Bitcoin. Reddcoin varies as it is dedicated to tipping on social networks as opposed to paying for goods and services online like Bitcoin. The founders of Reddcoin believe tipping via social media is the way to introduce the concept of crypto currency to the general public.

---- How do I  get started and get my first Reddcoins?

First, download your wallet to manage your Reddcoins, once downloaded, your wallet is unique to your computer (Windows, Linux and Mac are all supported). To get your wallet started you can get some Reddcoins by mining them with your computer, this utilizes its GPU. The method I use for obtaining Reddcoin is from exchanging with other members. I got my first Reddcoins by joining the Reddcoin Community, someone donated them to help me get started.

--- How to tip people with Reddcoins on Twitter?

To be able to tip people with Reddcoins on Twitter you need to follow the Reddcoin Twitter bot and load your Reddcoin wallet with some coins. You can find  the perfect guide and a “How2″ on Reddcoins main website, which explains all the details and possibilities.
Overall, I must say  the concept of tipping people that are helping me or retweeting my blog-posts is outstanding. Tipping is a great way to show your respect and sincere thanks for their favor. I agree with the ideals of Reddcoin as a crypto currency as it allows an easy and reliable way to send money between friends and followers alike.

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[Nxtblg]

Yes, it is interesting. From what I've seen, the Reddcoin community is still small but growing smartly - all while the price slumping from ~10 satoshis to 7.

[atulvatsa]

Reddcoin $RDD is now listed on CoinSwitch. It can be purchased from https://www.coinswitch.co/exchange/btc/rdd/0.1

[Jafri101]

The idea behind generating that coin is really usefull. No doubt social media nowadays is the most powerfull source of advertisement. Reddcoin as you said can be exchanged by members only isnt good you must provide it on exchanges more then one that makes users more comfortable.

[btcdepo]

Fundamentals of the project looks solid. I've been watching them closely actually. Team is making things happen step by step, neither fast so it can be broken, nor slow so would be boring. I might invest some depends on some of their possible future activities.

[Stedsm]

All of the comments here look like they have been made by some super-frustrated souls who didn't even bother to check that RDD (Reddcoin) was already there since 2014 (and when this thread was made) where few are saying that they will keep their so-called "eye on the project".
Guys, was it really needed? I ask my manager not to count this post as a valid one in my campaign's participation because I will post sarcastic comments for those who don't even bother to see where and what they are posting about. 

[Stedsm]

All of the comments here look like they have been made by some super-frustrated souls who didn't even bother to check that RDD (Reddcoin) was already there since 2014 (and when this thread was made) where few are saying that they will keep their so-called "eye on the project".
Guys, was it really needed? I ask my manager not to count this post as a valid one in my campaign's participation because I will post sarcastic comments for those who don't even bother to see where and what they are posting about.  

Since you quoted me, I'll respond:

Your post doesn't make any sense. Did you mix me with somebody else? I checked and saw that RDD (Reddcoin) is around since 2014, but I and many others are new to crypto and this is the first time I hear about the project (check my account and more specifically the date I joined bitcointalk). I still don't know the majority of projects, but I'm trying to catch up. Also, count of posts required for my bounty are already full - no more posts needed (can be easily checked) - so, no need to post anything any more for bounty. I just said I just learned about the coin, liked it and will be looking how it performs.

Also: It is reasonable to assume many didn't hear about SocialX since it is new, so I just mentioned it and compared it to Reddcoin. It's not even a promotion. People can may find that Reddcoin's model is better and like and support it even more. So, I learned something new, something of value to me and tried to give something someone may find of some value back. I see nothing wrong about that.

I just used your phrase but never specified you alone. If you never knew about the RDD project, then I guess I may be wrong about you but you sound like many of them which is why I gave your "partial" comment's example and you have to admit that many of the users here post without even checking the OP and seeing what they are talking about, they just try to go with the flow without the knowledge of what exactly they are commenting on. Many of the comments here seemed the way I mentioned, so saying that my post doesn't make any sense would be stupid on your side because once again, I just used your phrase as an example and didn't point you out literally. BTW, I didn't mention that those who posted must be trying to increase their post count, so no need for an explanation there.

EDIT: As well as on the first stance, I never quoted you.