Bitcoin Forum
December 13, 2017, 02:26:21 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 »  All
  Print  
Author Topic: Fair share of coins  (Read 2470 times)
bobos15
Jr. Member
*
Offline Offline

Activity: 40


View Profile
March 29, 2014, 02:36:26 PM
 #1

You need to make a cryptocoin with fair share of coins. Everyone who downloads and uses the wallet for the first time will be awarded with 1 coin. The number of total coins will be determined by the number of wallets.
1513131981
Hero Member
*
Offline Offline

Posts: 1513131981

View Profile Personal Message (Offline)

Ignore
1513131981
Reply with quote  #2

1513131981
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513131981
Hero Member
*
Offline Offline

Posts: 1513131981

View Profile Personal Message (Offline)

Ignore
1513131981
Reply with quote  #2

1513131981
Report to moderator
1513131981
Hero Member
*
Offline Offline

Posts: 1513131981

View Profile Personal Message (Offline)

Ignore
1513131981
Reply with quote  #2

1513131981
Report to moderator
pandher
Legendary
*
Offline Offline

Activity: 938


Stagnation is Death


View Profile WWW
March 29, 2014, 02:38:54 PM
 #2

You need to make a cryptocoin with fair share of coins. Everyone who downloads and uses the wallet for the first time will be awarded with 1 coin. The number of total coins will be determined by the number of wallets.

You should be awarded, this is how a currency should work. Bitcoin wasnt genius because it made early adopters the only significant ones hoarding thousands of coins. This makes it all look like a big ponzi. The whole crypto has become a stock market now. People doing trading all day long.

Bitcoin has failed
Raxe.io
Full Member
***
Offline Offline

Activity: 238


View Profile WWW
March 29, 2014, 02:45:58 PM
 #3

You need to make a cryptocoin with fair share of coins. Everyone who downloads and uses the wallet for the first time will be awarded with 1 coin. The number of total coins will be determined by the number of wallets.

You should be awarded, this is how a currency should work. Bitcoin wasnt genius because it made early adopters the only significant ones hoarding thousands of coins. This makes it all look like a big ponzi. The whole crypto has become a stock market now. People doing trading all day long.

Bitcoin has failed

Bitcoin has not failed. It is basically the biggest computational experiment to ever exist. It's still in alpha/beta and still very young, all cryptos are.

Raxe.io / Example wallet: http://wallet.raxe.io
pandher
Legendary
*
Offline Offline

Activity: 938


Stagnation is Death


View Profile WWW
March 29, 2014, 02:49:22 PM
 #4

Bitcoin has not failed. It is basically the biggest computational experiment to ever exist. It's still in alpha/beta and still very young, all cryptos are.

I know it is the biggest experiment, but it has indeed failed. How do you tackle the problem of hoarders?

Everyone whom i told about bitcoin said why should he buy a bitcoin at astronomical rates and make early adopters even more rich. Satoshi failed to have a fair distribution model or is it that he is himself hoarding several thousands.
gustav
Hero Member
*****
Offline Offline

Activity: 602


View Profile
March 29, 2014, 03:07:28 PM
 #5

hoarders? You mean the people that hold your price up? aka savers?
is people saving money a problem? Is rising prices for a token a problem?
You sure make it sound as if that was the case.
People saving in btc (hoarding) is a great thing and not a problem at all. Savers and long term investors stabilize prices. If btc is not used as a store of value then it has failed. So saving is actually what it also was ment to be for.


on topic: great idea, but would be exploited or you need to register everyone with id (orwellian nightmare). So that needs an intelligent solution.
nagatlakshmi
Hero Member
*****
Offline Offline

Activity: 616



View Profile WWW
March 29, 2014, 03:56:26 PM
 #6

When you are going to release this coin?

shiyang1992
Jr. Member
*
Offline Offline

Activity: 52


View Profile
March 29, 2014, 03:59:37 PM
 #7

Sounds interesting.
I will keeping watching this.
I think the c2 , fac, comm is good.
Raxe.io
Full Member
***
Offline Offline

Activity: 238


View Profile WWW
March 29, 2014, 04:06:10 PM
 #8

If someone wants to make this coin message us or contact us here and we can set something up.

https://twitter.com/RaxeSoftware
contact@raxe.io
Skype: raxe.io (Raxe.io Support)

Raxe.

Raxe.io / Example wallet: http://wallet.raxe.io
berone
Newbie
*
Offline Offline

Activity: 14


View Profile
March 29, 2014, 04:29:50 PM
 #9

sounds interesting, but it is hard to be completely fair. Fair distribution like faircoin or c2 or

TheSmurfsCoin: Tvfw515yJoqz64BZ7qWJms42RtSGdxaCKB
gustav
Hero Member
*****
Offline Offline

Activity: 602


View Profile
March 29, 2014, 06:48:46 PM
 #10

No need to register. We can use only wallet addresses and IPs.

i can have as many adresses and ip's as i like (not only me - everybody can). There is your problem. Really fair distribution with nobody cheating is really not that easy i think.
Nxtblg
Legendary
*
Offline Offline

Activity: 924



View Profile WWW
March 29, 2014, 10:05:02 PM
 #11

When you are going to release this coin?

Are you going to release the coin?  Grin






██████████████████████████████████████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████████▄▄▄███████████████████████
███████████████████████████████████████████████████████████████████████▀▀▀████████████████████████
██████████████████████████████████████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████████████████████████████████████





...INTRODUCING WAVES........
...ULTIMATE ASSET/CUSTOM TOKEN BLOCKCHAIN PLATFORM...






unent
Sr. Member
****
Offline Offline

Activity: 326


View Profile
March 29, 2014, 10:12:24 PM
 #12

It's a very interesting concept you proposed.
kelsey
Legendary
*
Offline Offline

Activity: 1638


View Profile
March 29, 2014, 10:23:09 PM
 #13

whats the point to all the fair distribution? they only end up in the same hands anyway, and all you are giving away is a token for people to trade for fiat  Wink
unent
Sr. Member
****
Offline Offline

Activity: 326


View Profile
March 29, 2014, 10:30:19 PM
 #14

You need to make a cryptocoin with fair share of coins. Everyone who downloads and uses the wallet for the first time will be awarded with 1 coin. The number of total coins will be determined by the number of wallets.

You should be awarded, this is how a currency should work. Bitcoin wasnt genius because it made early adopters the only significant ones hoarding thousands of coins. This makes it all look like a big ponzi. The whole crypto has become a stock market now. People doing trading all day long.

Bitcoin has failed

I have read plenty of posts by bitcoin early adopters on here who sold their coins for a pittance because they had no idea how much they would be worth in the future. How many people who paid 0.5 cent would not sell after it hit $3, then started to fall again. I doubt many early adopters are still holding their coins.
kelsey
Legendary
*
Offline Offline

Activity: 1638


View Profile
March 29, 2014, 11:07:16 PM
 #15

I doubt many early adopters are still holding their coins.

many early adopters (especially those who mined) do still hold, those in it to make bitcoin a true currency, kinda defeats the whole purpose if you trade it for fiat (but thats lost on most people here nowadays).

i've been in cryptos awhile and i personally don't trade for fiat (what seems crazy in short term pays off in the long as its more crazy to trade a deflationary currency for an inflationary one).

those who weren't in it for the fiat are the ones who (on paper) are now worth more then those who where Wink
Bit_Happy
Legendary
*
Offline Offline

Activity: 1652


A Great Time to Start Something!


View Profile
March 29, 2014, 11:27:34 PM
 #16

People with above average abilities deserve to be rich if they earn it.  Cheesy

unent
Sr. Member
****
Offline Offline

Activity: 326


View Profile
March 29, 2014, 11:32:07 PM
 #17

I doubt many early adopters are still holding their coins.

many early adopters (especially those who mined) do still hold, those in it to make bitcoin a true currency, kinda defeats the whole purpose if you trade it for fiat (but thats lost on most people here nowadays).

i've been in cryptos awhile and i personally don't trade for fiat (what seems crazy in short term pays off in the long as its more crazy to trade a deflationary currency for an inflationary one).

those who weren't in it for the fiat are the ones who (on paper) are now worth more then those who where Wink

Do you hold large amounts of bitcoins you mined in the early days?
kelsey
Legendary
*
Offline Offline

Activity: 1638


View Profile
March 29, 2014, 11:46:12 PM
 #18

I doubt many early adopters are still holding their coins.

many early adopters (especially those who mined) do still hold, those in it to make bitcoin a true currency, kinda defeats the whole purpose if you trade it for fiat (but thats lost on most people here nowadays).

i've been in cryptos awhile and i personally don't trade for fiat (what seems crazy in short term pays off in the long as its more crazy to trade a deflationary currency for an inflationary one).

those who weren't in it for the fiat are the ones who (on paper) are now worth more then those who where Wink

Do you hold large amounts of bitcoins you mined in the early days?

nope, anytime I've got decent amounts of btc I trade them for ltc and other alts, but ltc is my biggest holdings (basically the choice between being a moderate holder of btc or one of the largest ltc and other alts holder). I've never been a huge miner most my holding come from trading.
yldouright
Member
**
Offline Offline

Activity: 70


View Profile
March 30, 2014, 12:11:54 AM
 #19

I have to admire the unflappable nature of anyone holding any kind of crypto coin but those who are holding the alt-coins are truly the nerviest of the lot. Every trend line seems to indicate a 'one winner' scenario and that means most coins will have a zero value conclusion. What are the arguments to support the survival of the alt-coins?
markm
Legendary
*
Offline Offline

Activity: 2002



View Profile WWW
March 30, 2014, 12:13:10 AM
 #20

Merged mining.

-MarkM-

Browser-launched Crossfire client now online (select CrossCiv server for Galactic  Milieu)
Free website hosting with PHP, MySQL etc: http://hosting.knotwork.com/
Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!