[ANN][STD] StandardCoin - BUILT-IN EXCHANGE - Permanently Rising Rate

[tibbyte]

What is the exchange rate of STD/BTC?

[Rainer4256]

What is the exchange rate of STD/BTC?

Store selling prize: ~32 satoshis
Guaranteed exchange rate: 4 satoshis

[tibbyte]

What is the exchange rate of STD/BTC?

Store selling prize: ~32 satoshis
Guaranteed exchange rate: 4 satoshis

[standardcoin]

People may sell if the other exchanges price is greater than GER

Yes, you are correct. And the people who bought at that price won't sell lower than what they bought, because they know that price can only go up, this will create a new support level. It will keep going on until the buy pressure is too large and it breaks through the store selling price.

[standardcoin]

People may sell if the other exchanges price is greater than GER

Yes, you are correct. And the people who bought at that price won't sell lower than what they bought, because they know that price can only go up, this will create a new support level. It will keep going on until the buy pressure is too large and it breaks through the store selling price.

And when the SSP is broken, the new SSP will be at lease 2x the previous SSP. The GER will also be doubled, when GER is doubled, it creates another solid buy support level at double price.

[Rainer4256]

People may sell if the other exchanges price is greater than GER

Yes, you are correct. And the people who bought at that price won't sell lower than what they bought, because they know that price can only go up, this will create a new support level. It will keep going on until the buy pressure is too large and it breaks through the store selling price.

And when the SSP is broken, the new SSP will be at lease 2x the previous SSP. The GER will also be doubled, when GER is doubled, it creates another solid buy support level at double price.

Let's hope you are right. Currently there's VERY low volume.

[Kreativekrypto]

Bittrex still happening?

[hucker]

Let's hope you are right. Currently there's VERY low volume.

Mine were created on IPOminer.  It's up to them what I mine....

[hucker]

Bittrex still happening?

Yes, what happened to that?  I use Bittrex for all my new coins.

[Rainer4256]

Bittrex still happening?

Yes, what happened to that?  I use Bittrex for all my new coins.

That's crucial for traders: bring STD to a couple of exchanges.

[standardcoin]

Bittrex still happening?

Yes, what happened to that?  I use Bittrex for all my new coins.

That's crucial for traders: bring STD to a couple of exchanges.

From Richie of bittrex: "Wallet has been added... waiting for my DB guy to get the backend set up... Hopefully later today."

[Rainer4256]

Bittrex still happening?

Yes, what happened to that?  I use Bittrex for all my new coins.

That's crucial for traders: bring STD to a couple of exchanges.

From Richie of bittrex: "Wallet has been added... waiting for my DB guy to get the backend set up... Hopefully later today."

Good news!

[ghibly79]

As 2 idiots have been abusing the trust system and have given the DEV a negative trust before he was even able to proof himself I think it is only fair that the people that have received their STD from the IPO (like me) give the DEV a positive trust rating so he has no longer the big red warning letters. He is clearly not a scammer. He got so much shit from some of the idiots here, he could have run away with all the BTC but he did the opposite and delivered a great system and exchange for a very promising coin.

Good job DEV

Are you seriously still going on with this? Hope he at least gave/promised you a good chunk cause if you are trying this hard to look like an idiot for free I don't know what else to say xD Show some more love for yourself.

Why on earth should he run with the IPO when he can potentially grab much more new idiot "investors" money giving him good btc at his "exchange" to buy std? He's a scammer, not a retard (like many in this thread).
The risk earlier investors sell back now is very low (cause OH they'll be at an heavy loss).
And if some external exchange starts to list the coin at a higher then GER price he can dump the premine (he holds the entirety of it xD) at any time he feels like.

So he can just sit and wait safely for more retards to give him free money for a long time.
Though I don't think there are many.

He had nothing to "prove" to begin with, since the system is built to be a scam by it's own structure (Ponzi scheme+centralized exchange+heavy premine), it was a proved scam from post one, thus the deserved negatives feeds.

[Rainer4256]

I just gave it a try. If the coin succeeds I'll take the profit. If it flops I can easiy afford it. That's trading.

[ghibly79]

I just gave it a try. If the coin succeeds I'll take the profit. If it flops I can easiy afford it. That's trading.

Wrong: trading is free market, price can rise AND drop and you are exchanging coins peer to peer, nobody is holding your btc to buy back someday, using investors money to artificially keep the price high (as long as new investors come, if not... boom).

BIG difference.

[ghibly79]

P.s: And to clarify YES you can make a profit, like in all Ponzis, if you are not the last holding the bag, but it's GAMBLING and the risk should be made clear and the thread posted in the gambling section (there are some "legit" ponzis in the gambling section of this forum, in fact, where all of this is clearly stated. And in many cases owners of those games have run with the money at some point, not surprisingly, also).
Trying to pass a Ponzi gamble as a secure investement is a deceiving SCAM. Holding 100% of the (heavy) premine and practically forcing to buy the coin directly from him only adds more shady layers to the scam.
Hope I've made it completely clear by now.

[Rainer4256]

So where's the difference? Even in a free market prizes can rise and fall.

[Rainer4256]

P.s: And to clarify YES you can make a profit, like in all Ponzis, if you are not the last holding the bag, but it's GAMBLING and the risk should be made clear and the thread posted in the gambling section (there are some "legit" ponzis in the gambling section of this forum, in fact, where all of this is clearly stated).
Trying to pass a Ponzi gamble as a secure investement is a deceiving SCAM. Holding 100% of the premine and practically forcing to buy the coin directly from him only adds more shady layers to the scam.
Hope I have made it completely clear by now.

Nobody forced me to invest. I'm fully responsible for either the wins and the losses. Most people here know what they are doing.

[hucker]

Nobody forced me to invest. I'm fully responsible for either the wins and the losses. Most people here know what they are doing.

Agreed, someone on here needs to lighten up.

[ghibly79]

You (two) are missing the point, or pretending to: he's (trying to) deceive people to invest into a pretended secure investment, where you cannot lose. While it's not the case. This is the very definition of a Ponzi scheme.
His wording is clear.
All cryptos are risky investments, kind of gambling too if you want, but nobody is telling you "ehy invest in my coin cause you cannot lose, cause I invented a system where you cannot lose, nobody ever thought about that!" (which is ofc a joke, and a scammy claim).

If you realized it's actually just a gamble good for you, but this doesn't cancel out he's attempting to deceive people to scam them. And by the way judging from the replies, many people are not even realizing (or pretending not to..).


Moreover there is the centralized "exchange" owned solely by him and the big trust issue involved. But that's just a nice "plus" xD
Half of this is enough to give him plenty of negative feedbacks. That's why we gave him.