Coinaaa (OP)
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May 25, 2014, 09:38:45 PM |
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Partner up with Coinaaa: Partners (Distributors and Sellers) can buy Coinaaas in bulk for a discounted price. The discount is taken from the original administration fee of 11%. The value that are stored as Coinaaa’s assets will never have any discount. If you want to become one of Coinaaa AS’s partners, contact us here: https://www.coinaaa.com/contact/
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johstacy
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May 27, 2014, 03:05:00 AM Last edit: May 14, 2018, 10:04:41 AM by johstacy |
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saw this...
"Coinaaa is based on Bitcoin 0.9.1 with Peercoin EMA algorithm using 30 block timespan and a block interval of 284 seconds. 87 billion Coinaaas with 0 value have been pre-mined by Coinaaa AS. There will never be created more Coinaaas. Coinaaa has 0 in transaction fee and 0 rewards of mined blocks. Coinaaa has a centralized mining system meaning that no other party than Coinaaa AS can mine Coinaaas. This makes it impossible to attack Coinaaa with e.g. a 51% attack." (C)
Isn't this like a bank? Why anyone want to mine and process transactions for this currency? I don't see the difference between this an a bank.
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Coinaaa (OP)
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May 27, 2014, 09:39:27 PM |
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saw this...
"Coinaaa is based on Bitcoin 0.9.1 with Peercoin EMA algorithm using 30 block timespan and a block interval of 284 seconds. 87 billion Coinaaas with 0 value have been pre-mined by Coinaaa AS. There will never be created more Coinaaas. Coinaaa has 0 in transaction fee and 0 rewards of mined blocks. Coinaaa has a centralized mining system meaning that no other party than Coinaaa AS can mine Coinaaas. This makes it impossible to attack Coinaaa with e.g. a 51% attack."
Isn't this like a bank? Why would anyone want to mine and process transactions for this currency? And if Coinaaa is just going to mine it on there own to process transactions then I don't see the difference between this an a bank.
The big difference is that all Coinaaa is backed up by real value, including being a cryptocurrency with lightning fast transactions. It has new possibilities. It is supposed to be a supplement to other cryptocurrencies and could be a nice entry point for businesses.
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g0re79
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May 28, 2014, 11:32:59 AM |
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What value? I still remember StockCoin, or whatever the name of that scam was... Furthermore lightning fast is for example PayPal, similar to what You are trying to do here. I can´t believe that anyone wish to put money in this.
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Coinaaa (OP)
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May 29, 2014, 04:42:46 PM |
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What value? I still remember StockCoin, or whatever the name of that scam was... Furthermore lightning fast is for example PayPal, similar to what You are trying to do here. I can´t believe that anyone wish to put money in this.
Some might want a more stable and what seems to become a more legit cryptocurrency.
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Coinaaa (OP)
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May 29, 2014, 04:44:38 PM |
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There are now 12.968813 active Coinaaas.
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linusdunkers
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June 01, 2014, 05:43:15 AM |
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I have invested some money in this currency and believe it has a great potential since it is a mixture of the "old traditional" banking system and the "new innovative" digital currency. The reality is that a bitcoin today is worth about 3850 NOK/BTC even that the "backed up/real value" is 0. Coinaaa right now has a buy back price that can be requested at any time from Coinaaa AS of 9600 NOK/AAA. The speculation price therefore should be 9600+3850=13450 NOK/AAA if people had the same belief in AAA as in BTC. Personally I will use Coinaaa as a safe resting-place for my digital currency when bitcoins are falling in value. If you do daytrading it could also be a great currency to "park" your digital money. Since it has a fixed buy-price per month you can be assured that the value will not change a lot during each month.
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Coinaaa (OP)
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June 01, 2014, 01:15:15 PM |
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I have invested some money in this currency and believe it has a great potential since it is a mixture of the "old traditional" banking system and the "new innovative" digital currency. The reality is that a bitcoin today is worth about 3850 NOK/BTC even that the "backed up/real value" is 0. Coinaaa right now has a buy back price that can be requested at any time from Coinaaa AS of 9600 NOK/AAA. The speculation price therefore should be 9600+3850=13450 NOK/AAA if people had the same belief in AAA as in BTC. Personally I will use Coinaaa as a safe resting-place for my digital currency when bitcoins are falling in value. If you do daytrading it could also be a great currency to "park" your digital money. Since it has a fixed buy-price per month you can be assured that the value will not change a lot during each month.
A minor correction, the buy back price is currently 8600 NOK, but other than that, you are spot on! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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dogisland
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June 04, 2014, 08:44:27 AM |
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Personally I will use Coinaaa as a safe resting-place for my digital currency when bitcoins are falling in value. What makes you so sure they will honor the buyback price.
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linusdunkers
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June 04, 2014, 01:57:07 PM |
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I have invested some money in this currency and believe it has a great potential since it is a mixture of the "old traditional" banking system and the "new innovative" digital currency. The reality is that a bitcoin today is worth about 3850 NOK/BTC even that the "backed up/real value" is 0. Coinaaa right now has a buy back price that can be requested at any time from Coinaaa AS of 9600 NOK/AAA. The speculation price therefore should be 9600+3850=13450 NOK/AAA if people had the same belief in AAA as in BTC. Personally I will use Coinaaa as a safe resting-place for my digital currency when bitcoins are falling in value. If you do daytrading it could also be a great currency to "park" your digital money. Since it has a fixed buy-price per month you can be assured that the value will not change a lot during each month.
A minor correction, the buy back price is currently 8600 NOK, but other than that, you are spot on! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Actually we are both wrong ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) The current Buy Back Price is 8900 NOK ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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linusdunkers
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June 04, 2014, 01:58:47 PM |
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Personally I will use Coinaaa as a safe resting-place for my digital currency when bitcoins are falling in value. What makes you so sure they will honor the buyback price. I happen to trust the founder of Coinaaa that I have had a lot of discussions with on Skype ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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curiousnewbie
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June 05, 2014, 01:39:30 AM |
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I didn't see incorporated registry license nor mention any bank acct with real fund back it up. Not that I am little paranoia after losing $100k+ investment in Cryptos... That's a lesson learned. Never trust anyone in the Crypto world until earned.
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Coinaaa (OP)
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June 05, 2014, 06:04:38 AM |
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I didn't see incorporated registry license nor mention any bank acct with real fund back it up. Not that I am little paranoia after losing $100k+ investment in Cryptos... That's a lesson learned. Never trust anyone in the Crypto world until earned.
You can see that we are registered here: http://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=913378679And we will have quarterly audits of our assets, first one is up in September: https://www.coinaaa.com/audits/
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Coinaaa (OP)
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July 12, 2014, 03:45:32 PM |
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After a long time reflecting over Coinaaa’s current setup, we have decided to implement a few changes. For the first 15 Coinaaas we sold, we took a 11% fee. We have decided to change this fee structure. We will from now on take 0% fee for people depositing NOK for Coinaaa. If you buy one Coinaaa for 10 000 NOK, we will store those 10 000 NOK. There will be a fixed fee at 600 NOK for each deposit/withdrawal of Coinaaa no matter how many Coinaaas you chose to convert. We will transfer the 11% fee that we took from the initial Coinaaas back to Coinaaa’s real assets (minus the fixed fee). More updates coming. https://www.coinaaa.com/2014/07/09/coinaaa-is-changing-100-of-the-value-is-stored-instead-of-89/
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Skinnkavaj
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English Motherfucker do you speak it ?
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July 12, 2014, 04:21:46 PM |
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Please don't support this centralized scam. Creating a coin that is centralized. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) When bitcoin is about the opposite.
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Skinnkavaj
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English Motherfucker do you speak it ?
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July 12, 2014, 04:26:26 PM |
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What value? I still remember StockCoin, or whatever the name of that scam was... Furthermore lightning fast is for example PayPal, similar to what You are trying to do here. I can´t believe that anyone wish to put money in this.
Some might want a more stable and what seems to become a more legit cryptocurrency. "Legit crypto currency" ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Oh yeah, let's forget that you created a premined coin that you own everything of and you are the bank. Only fools would touch this. Warning to the beginner, don't ever put in money into a coin that is both centralized and premined.
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Coinaaa (OP)
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July 14, 2014, 11:41:49 AM |
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Please don't support this centralized scam. Creating a coin that is centralized. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) When bitcoin is about the opposite. Please provide proof when you tell people it is a scam.
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