bobos15 (OP)
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March 29, 2014, 02:36:26 PM |
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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.
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pandher
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Stagnation is Death
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March 29, 2014, 02:38:54 PM |
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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
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Raxe.io
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March 29, 2014, 02:45:58 PM |
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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.
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pandher
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Stagnation is Death
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March 29, 2014, 02:49:22 PM |
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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.
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gustav
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March 29, 2014, 03:07:28 PM |
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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.
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nagatlakshmi
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March 29, 2014, 03:56:26 PM |
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When you are going to release this coin?
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shiyang1992
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March 29, 2014, 03:59:37 PM |
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Sounds interesting. I will keeping watching this. I think the c2 , fac, comm is good.
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berone
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March 29, 2014, 04:29:50 PM |
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sounds interesting, but it is hard to be completely fair. Fair distribution like faircoin or c2 or
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gustav
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March 29, 2014, 06:48:46 PM |
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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.
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Nxtblg
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March 29, 2014, 10:05:02 PM |
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When you are going to release this coin?
Are you going to release the coin? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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unent
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March 29, 2014, 10:12:24 PM |
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It's a very interesting concept you proposed.
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kelsey
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March 29, 2014, 10:23:09 PM |
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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](https://bitcointalk.org/Smileys/default/wink.gif)
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unent
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March 29, 2014, 10:30:19 PM |
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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.
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kelsey
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March 29, 2014, 11:07:16 PM |
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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](https://bitcointalk.org/Smileys/default/wink.gif)
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Bit_Happy
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A Great Time to Start Something!
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March 29, 2014, 11:27:34 PM |
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People with above average abilities deserve to be rich if they earn it. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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unent
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March 29, 2014, 11:32:07 PM |
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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](https://bitcointalk.org/Smileys/default/wink.gif) Do you hold large amounts of bitcoins you mined in the early days?
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kelsey
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March 29, 2014, 11:46:12 PM |
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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](https://bitcointalk.org/Smileys/default/wink.gif) 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.
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yldouright
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March 30, 2014, 12:11:54 AM |
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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?
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markm
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March 30, 2014, 12:13:10 AM |
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Merged mining.
-MarkM-
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