[INTEREST CHECK] Alpen Coin "Scam Coin"

[krogothmanhattan]

I did read his posts and he stated that the funding would go to one coin not with majority to one and some to all the others.

So I dont think that was "left open"

hence why I said there should be no voting. this is Frank's decision.

there was the first post where he stated all the funding would go to the one coin

then there was the post you quoted - where he said something about 50% loss and the rest to "winner" but he also in that same post stated he like the "Rekt" (which I take as referring to the original - all funding to the one coin)

either way It should be up to Frank not us.


also as an update - I have the coins in hand - I will generate the keys this weekend and will provide keys and coins to minerjones at our next meeting which should be within the next 7-10 days.

    Thanks for sharing this pic Mopar!  These coins will look very nice next to my Big time Sphagetti Goxxed coin as they continue the tradition of these scammer coins!

   And I agree....Frank should be the one to make that final decision, and whatever it is I hope prices stay reasonable as I defintely want one for my collection!

[Kryptowerk]

I did read his posts and he stated that the funding would go to one coin not with majority to one and some to all the others.

So I dont think that was "left open"

hence why I said there should be no voting. this is Frank's decision.

there was the first post where he stated all the funding would go to the one coin

then there was the post you quoted - where he said something about 50% loss and the rest to "winner" but he also in that same post stated he like the "Rekt" (which I take as referring to the original - all funding to the one coin)

either way It should be up to Frank not us.

And hence where the open comes from in the 1st post from Frank:

"Of course there is still a lot of question: material of the coin, design, price,... this is an open thread"

Agree, it's ultimately up to Frank but the spirit of his words seem to lean toward community involvement, which is why said it appears a vote will be needed.  Also, appears doesn't mandate anything but merely hints.

I guess it's a matter of taste regarding funding of the rekt coins or not. My taste is very clear: Some dust is 100 times better than nothing. It kind of reflects scam reality, you usually are left with something (see FTX, yogg cards etc) but mostly nothing compared to what you should still have.
Also, generally speaking, I belive the value of coins with crypto (and may it only be a few bucks) is way higher than unloaded stuff. Just my view.
Yes, it's up to Frank, but it is also up to the community to speak their mind and give input/ideas on the subject. What Frank does with this input is obviously up to him.

I'd like to hear what others think about the general coin funding topic.

Nice teaser pic @ Mopar.

[MoparMiningLLC]

I did read his posts and he stated that the funding would go to one coin not with majority to one and some to all the others.

So I dont think that was "left open"

hence why I said there should be no voting. this is Frank's decision.

there was the first post where he stated all the funding would go to the one coin

then there was the post you quoted - where he said something about 50% loss and the rest to "winner" but he also in that same post stated he like the "Rekt" (which I take as referring to the original - all funding to the one coin)

either way It should be up to Frank not us.

And hence where the open comes from in the 1st post from Frank:

"Of course there is still a lot of question: material of the coin, design, price,... this is an open thread"

Agree, it's ultimately up to Frank but the spirit of his words seem to lean toward community involvement, which is why said it appears a vote will be needed.  Also, appears doesn't mandate anything but merely hints.

I guess it's a matter of taste regarding funding of the rekt coins or not. My taste is very clear: Some dust is 100 times better than nothing. It kind of reflects scam reality, you usually are left with something (see FTX, yogg cards etc) but mostly nothing compared to what you should still have.
Also, generally speaking, I belive the value of coins with crypto (and may it only be a few bucks) is way higher than unloaded stuff. Just my view.
Yes, it's up to Frank, but it is also up to the community to speak their mind and give input/ideas on the subject. What Frank does with this input is obviously up to him.

I'd like to hear what others think about the general coin funding topic.

Nice teaser pic @ Mopar.

heres the thing - dust is useless as you would possible spend more than its value to transfer it - add in the fact that you have to transfer it once you peel the coin to see you only have "dust" The coins will have no identifying mark nor will you know the address of the coin - the only way to see if you "won" or "lost" will be to peel it.

getting anything would then not be totally "rekt" would it?

my two sats at least.

[2stout]

I did read his posts and he stated that the funding would go to one coin not with majority to one and some to all the others.

So I dont think that was "left open"

hence why I said there should be no voting. this is Frank's decision.

there was the first post where he stated all the funding would go to the one coin

then there was the post you quoted - where he said something about 50% loss and the rest to "winner" but he also in that same post stated he like the "Rekt" (which I take as referring to the original - all funding to the one coin)

either way It should be up to Frank not us.

And hence where the open comes from in the 1st post from Frank:

"Of course there is still a lot of question: material of the coin, design, price,... this is an open thread"

Agree, it's ultimately up to Frank but the spirit of his words seem to lean toward community involvement, which is why said it appears a vote will be needed.  Also, appears doesn't mandate anything but merely hints.

I guess it's a matter of taste regarding funding of the rekt coins or not. My taste is very clear: Some dust is 100 times better than nothing. It kind of reflects scam reality, you usually are left with something (see FTX, yogg cards etc) but mostly nothing compared to what you should still have.
Also, generally speaking, I belive the value of coins with crypto (and may it only be a few bucks) is way higher than unloaded stuff. Just my view.
Yes, it's up to Frank, but it is also up to the community to speak their mind and give input/ideas on the subject. What Frank does with this input is obviously up to him.

I'd like to hear what others think about the general coin funding topic.

Nice teaser pic @ Mopar.

heres the thing - dust is useless as you would possible spend more than its value to transfer it - add in the fact that you have to transfer it once you peel the coin to see you only have "dust" The coins will have no identifying mark nor will you know the address of the coin - the only way to see if you "won" or "lost" will be to peel it.

getting anything would then not be totally "rekt" would it?

my two sats at least.

And at one time 0.01 and 0.001 were considered dust but not really nowadays.  I agree with KW's take on dust, scams, and loaded collectables.  Also, you can still get rekt and not be totally or wholly wiped out- e.g., significant loss numerically or percentage wise, just look at ftx and luna.

[MoparMiningLLC]

I did read his posts and he stated that the funding would go to one coin not with majority to one and some to all the others.

So I dont think that was "left open"

hence why I said there should be no voting. this is Frank's decision.

there was the first post where he stated all the funding would go to the one coin

then there was the post you quoted - where he said something about 50% loss and the rest to "winner" but he also in that same post stated he like the "Rekt" (which I take as referring to the original - all funding to the one coin)

either way It should be up to Frank not us.

And hence where the open comes from in the 1st post from Frank:

"Of course there is still a lot of question: material of the coin, design, price,... this is an open thread"

Agree, it's ultimately up to Frank but the spirit of his words seem to lean toward community involvement, which is why said it appears a vote will be needed.  Also, appears doesn't mandate anything but merely hints.

I guess it's a matter of taste regarding funding of the rekt coins or not. My taste is very clear: Some dust is 100 times better than nothing. It kind of reflects scam reality, you usually are left with something (see FTX, yogg cards etc) but mostly nothing compared to what you should still have.
Also, generally speaking, I belive the value of coins with crypto (and may it only be a few bucks) is way higher than unloaded stuff. Just my view.
Yes, it's up to Frank, but it is also up to the community to speak their mind and give input/ideas on the subject. What Frank does with this input is obviously up to him.

I'd like to hear what others think about the general coin funding topic.

Nice teaser pic @ Mopar.

heres the thing - dust is useless as you would possible spend more than its value to transfer it - add in the fact that you have to transfer it once you peel the coin to see you only have "dust" The coins will have no identifying mark nor will you know the address of the coin - the only way to see if you "won" or "lost" will be to peel it.

getting anything would then not be totally "rekt" would it?

my two sats at least.

And at one time 0.01 and 0.001 were considered dust but not really nowadays.  I agree with KW's take on dust, scams, and loaded collectables.  Also, you can still get rekt and not be totally or wholly wiped out- e.g., significant loss numerically or percentage wise, just look at ftx and luna.

perhaps if you let the coin sit - but with no identifying marks on the coin ie no firstbits - there will be no way to see if you won vs lost. so you peel and you lost and its 1000 sats, you will then spend 2000 to 4000 to transfer it - or would you simply leave it on the peeled and exposed private key?

either way I guess it is still up to Frank. but I will not be participating in buying any of the coins if all the coins are loaded.

[2stout]

I did read his posts and he stated that the funding would go to one coin not with majority to one and some to all the others.

So I dont think that was "left open"

hence why I said there should be no voting. this is Frank's decision.

there was the first post where he stated all the funding would go to the one coin

then there was the post you quoted - where he said something about 50% loss and the rest to "winner" but he also in that same post stated he like the "Rekt" (which I take as referring to the original - all funding to the one coin)

either way It should be up to Frank not us.

And hence where the open comes from in the 1st post from Frank:

"Of course there is still a lot of question: material of the coin, design, price,... this is an open thread"

Agree, it's ultimately up to Frank but the spirit of his words seem to lean toward community involvement, which is why said it appears a vote will be needed.  Also, appears doesn't mandate anything but merely hints.

I guess it's a matter of taste regarding funding of the rekt coins or not. My taste is very clear: Some dust is 100 times better than nothing. It kind of reflects scam reality, you usually are left with something (see FTX, yogg cards etc) but mostly nothing compared to what you should still have.
Also, generally speaking, I belive the value of coins with crypto (and may it only be a few bucks) is way higher than unloaded stuff. Just my view.
Yes, it's up to Frank, but it is also up to the community to speak their mind and give input/ideas on the subject. What Frank does with this input is obviously up to him.

I'd like to hear what others think about the general coin funding topic.

Nice teaser pic @ Mopar.

heres the thing - dust is useless as you would possible spend more than its value to transfer it - add in the fact that you have to transfer it once you peel the coin to see you only have "dust" The coins will have no identifying mark nor will you know the address of the coin - the only way to see if you "won" or "lost" will be to peel it.

getting anything would then not be totally "rekt" would it?

my two sats at least.

And at one time 0.01 and 0.001 were considered dust but not really nowadays.  I agree with KW's take on dust, scams, and loaded collectables.  Also, you can still get rekt and not be totally or wholly wiped out- e.g., significant loss numerically or percentage wise, just look at ftx and luna.

perhaps if you let the coin sit - but with no identifying marks on the coin ie no firstbits - there will be no way to see if you won vs lost. so you peel and you lost and its 1000 sats, you will then spend 2000 to 4000 to transfer it - or would you simply leave it on the peeled and exposed private key?

either way I guess it is still up to Frank. but I will not be participating in buying any of the coins if all the coins are loaded.

Based on what's already been discussed, the sat load wouldn't be anywhere near that low if this is direction chosen, so not really an applicable example.  Either way, whether loaded or not, if folks choose to drop out and not participate, someone is eagerly waiting on deck and will be happy.

[MoparMiningLLC]

and if it is higher then it also just goes further to undermine the entire point of this project.

the point - that I have always understood was for there to be a one "winner" and the rest get "rekt" if everyone gets a payment just so they dont "feel bad" about being "rekt" then the entire project has lost its luster and its point.


but you are right there will be many who will be wanting to jump in.

but to each their own. I liked how it was originally portrayed but now it seems it is all about making sure everyone still gets a piece of the pie - even if it's a smaller piece. what you call greed.

and if it done the other way - there will be those willing to fill in for those who dont want to be fully "rekt" as well.

either way - still I say its up to Frank.

[2stout]

and if it is higher then it also just goes further to undermine the entire point of this project.

the point - that I have always understood was for there to be a one "winner" and the rest get "rekt" if everyone gets a payment just so they dont "feel bad" about being "rekt" then the entire project has lost its luster and its point.


but you are right there will be many who will be wanting to jump in.

but to each their own. I liked how it was originally portrayed but now it seems it is all about making sure everyone still gets a piece of the pie - even if it's a smaller piece. what you call greed.

and if it done the other way - there will be those willing to fill in for those who dont want to be fully "rekt" as well.

either way - still I say its up to Frank.

Agree that it's definitely up to Frank, whether he makes a unilateral decision, wants a community vote, or some other method.

[MoparMiningLLC]

addresses and private keys have been generated.

Sending PM to Frank and Minerjones so that we can proceed.

[Bullion-n-BTC]

Is there a price point for these figures yet? Even a rough one? Just want to be prepared for when they release as I work offshore constantly and can have it ready in on of my cold wallets.

[MoparMiningLLC]

Is there a price point for these figures yet? Even a rough one? Just want to be prepared for when they release as I work offshore constantly and can have it ready in on of my cold wallets.

not to answer for Frank but to state I did recently talk with him and he told me he would be back in touch with me this weekend about moving forward.

Maybe he can provide the price point at that time.

[Steeley]

I can't wait to get this coin. Great job guys.

Is Mashinsky next? 

[Cryptogreatdane]

potentially what funding could look like with 40 coins produced. Just a few examples of what Frank can choose.

Everyone spends 0.01 on funding ($300)

Total funding of 0.4 ($12,000)

one coin receives funding of 0.36 ($10,800)

All the rest of the coins receive 0.001 ($30)





Everyone spends 0.005 on funding ($150)

Total funding of 0.2 ($6000)

One coin receives funding of 0.1 ($3000)

All the rest of the coins receive 0.0025 ($75)




Everyone Spends 0.001 on funding ($30)

Total funding of  0.04 ($1200)

One coin receives  funding of 0.032 ($960)

All the rest of the coins receive 0.0002 ($6)

[Bullion-n-BTC]

potentially what funding could look like with 40 coins produced. Just a few examples of what Frank can choose.

Everyone spends 0.01 on funding ($300)

Total funding of 0.4 ($12,000)

one coin receives funding of 0.36 ($10,800)

All the rest of the coins receive 0.001 ($30)





Everyone spends 0.005 on funding ($150)

Total funding of 0.2 ($6000)

One coin receives funding of 0.1 ($3000)

All the rest of the coins receive 0.0025 ($75)




Everyone Spends 0.001 on funding ($30)

Total funding of  0.04 ($1200)

One coin receives  funding of 0.032 ($960)

All the rest of the coins receive 0.0002 ($6)

I like the idea of funding with .005 btc for each person. It allows the winner to get a decent chunk o’ change while not feeling completely smashed if you lose the draw. But also enough skin in the game at .005 btc to make it feel exciting. Obviously I have no say in the matter but that’s just my opinion

[minerjones]

How about all private keys except one have "YOU GOT REKT" and the 1 coin with a valid private key gets the prize?

Then you just need to generate 1 key pair!!! lol

[krogothmanhattan]

  I hope Frank does not require a high loading value....anything beyond 0.001 BTC loading and not knowing if it is on the coin is too high for me.

   I want one of these coins not cause I wanna gamble and see if I get the high value coin, but as a collectable that I will leave unpeeled next to my MT GOXXED coin. So please do keep that in perspective for collectors in my group.

[YodasRedRocket]

  I hope Frank does not require a high loading value....anything beyond 0.001 BTC loading and not knowing if it is on the coin is too high for me.

   I want one of these coins not cause I wanna gamble and see if I get the high value coin, but as a collectable that I will leave unpeeled next to my MT GOXXED coin. So please do keep that in perspective for collectors in my group.

I would agree w/ Krog!

[2stout]

So many suggestions and ideas, seems like a vote is needed, Frank's call though.

[MoparMiningLLC]

the way I see it - no one will ever know who got the funds and who all got rekt unless everyone peels - and I can see some people never peeling so there may never be a known "winner"

I don't there should be any type of vote - it should just be Frank deciding. my 2 sats. If there is going to be a vote, then there still doesnt need to be one because the winning vote will be to have all coins funded because the majority while wanting a coin reflecting being "rekt" will not accept the risk to be totally "rekt" They will want to have some of their funds back.

[Frank AlpenCoin]

Hi everyone,

I am back from the mountains.

Glad Mopar gets the coins. I will read carefully all your posts.  I've just skimmed the thread.

The idea is that the coin is max 100 usd with funding.. It's a community project. Hope people can afford it, and are ready to lose a little bit...

I could imagine that the coin + the funding 0.001 btc will be max 100 usd + shipping cost.

We can reduce the funding to 0.0005 btc...

Let me read every post.