mladen00
Legendary
Offline
Activity: 2124
Merit: 1013
K-ing®
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May 26, 2014, 11:52:47 AM |
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Yes de Something i have always wondered about charity coins...
As they need proper currency, not crypto, the BCT must be sold for BTC which can then be converted to cash.
Surely with such a huge amount of coins, the price will be held down as these are sold or smashed down if they are sold quickly.
I'm not criticising or FUDing, just asking if that is how it will work. If it is, others may be nervous about investing.
Actually very valid point. The current working model of the charities requires conversion to fiat money (via BTC), thus price will drop at the time these coins are sold. One can however control the amount of coins that are released to charities (as maccaspacca also noted), to counterfeit that. This rises another question, who is going to manage charity share of coins and what policy will be chosen on when to sell these coins. +1 dev please dont sell all charity share's coin at once, or let community to decide how and when to sale
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IOTA
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maccaspacca
Sr. Member
Offline
Activity: 278
Merit: 258
Twitter: @maccaspacca1
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May 26, 2014, 11:58:30 AM |
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Yes de Something i have always wondered about charity coins...
As they need proper currency, not crypto, the BCT must be sold for BTC which can then be converted to cash.
Surely with such a huge amount of coins, the price will be held down as these are sold or smashed down if they are sold quickly.
I'm not criticising or FUDing, just asking if that is how it will work. If it is, others may be nervous about investing.
Actually very valid point. The current working model of the charities requires conversion to fiat money (via BTC), thus price will drop at the time these coins are sold. One can however control the amount of coins that are released to charities (as maccaspacca also noted), to counterfeit that. This rises another question, who is going to manage charity share of coins and what policy will be chosen on when to sell these coins. +1 dev please dont sell all charity share's coin at once, or let community to decide how and when to sale +1 I think the key thing will be full transparency, something that this dev has given us fully up to now unlike similar coins There hopefully will be a number of ways that charity coins are distributed / sold / dripped to the market over a longer period of time. Charities sometimes need big lump sums but for the most part regular contributions are better, fitting this coins purpose better.
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dminer69
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May 26, 2014, 12:27:39 PM |
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we defendly need a time frame by % to the charity chosen, let say in this 3 months we will be giving this amount of % to this charity. a sell by steps so there is no dump in the market.
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bctcoin (OP)
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May 26, 2014, 12:30:54 PM |
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Yes de Something i have always wondered about charity coins...
As they need proper currency, not crypto, the BCT must be sold for BTC which can then be converted to cash.
Surely with such a huge amount of coins, the price will be held down as these are sold or smashed down if they are sold quickly.
I'm not criticising or FUDing, just asking if that is how it will work. If it is, others may be nervous about investing.
Actually very valid point. The current working model of the charities requires conversion to fiat money (via BTC), thus price will drop at the time these coins are sold. One can however control the amount of coins that are released to charities (as maccaspacca also noted), to counterfeit that. This rises another question, who is going to manage charity share of coins and what policy will be chosen on when to sell these coins. +1 dev please dont sell all charity share's coin at once, or let community to decide how and when to sale +1 I think the key thing will be full transparency, something that this dev has given us fully up to now unlike similar coins There hopefully will be a number of ways that charity coins are distributed / sold / dripped to the market over a longer period of time. Charities sometimes need big lump sums but for the most part regular contributions are better, fitting this coins purpose better. Dear Members,
First of all we thank you for all your support and faith you kept on us till date.
Coming to distribution of funds to the charities there is nothing hurry to give them with in next few days.If we can slowly create big amount of BTC and convert them to USD,Pounds,Euros, etc. and donate it to
them that will fulfill our dream of helping the charities and the effort we kept for this coin from past few months.
We once again confirm you that every amount given to the charities will be 100 % transparent as we are till date and every proof of donation will be posted here on thread.
Before distributing we will take basic steps like mentioned below.
1.We will divide all the BCT we have for the cause in to weeks (example: 0.01 Million Per week) and send them to market.
2.Every amount converted to BTC will be posted here on thread.
3.Once we reach a reasonable amount we will pick few causes and keep for voting here.
4.Depending on the voting, amount will be distributed to the charities in order.
5.Proof of receipt will be posted here on thread.
Finally we promise that every single Satoshi we generate here will be given for the cause as announced in the beginning.No changes in that.
Thank You once again.
Regards,
Team BCT
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bctcoin (OP)
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May 26, 2014, 12:37:32 PM |
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Dear Member, We had sent you the giveaway to the wallet address given by you.Transaction Details given below. To: soccosocco 56wcyLrQ94HmDYB6HuEyz2zUMmqJJR6NmR Debit: -625.00 Bct Transaction fee: 0.0000005 Bct Transaction ID: 74514e0891c2d481dabdad7e67f508d1ae7b52212b866427a27f4926e8d782ec. Thank you, Team BCT
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SirChiko
Legendary
Offline
Activity: 966
Merit: 1000
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May 26, 2014, 12:44:47 PM |
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So you guys see, it won't be cashed out all at once...but we should wait atleast month till we will start doing these charitable things i think.
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The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes. This is not paid AD!
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bctcoin (OP)
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May 26, 2014, 12:48:29 PM |
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So you guys see, it won't be cashed out all at once...but we should wait atleast month till we will start doing these charitable things i think.
Yes, Its a long process,It will continue for a long time with all your support.
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soccosocco
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May 26, 2014, 12:55:51 PM |
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Dear Member, We had sent you the giveaway to the wallet address given by you.Transaction Details given below. To: soccosocco 56wcyLrQ94HmDYB6HuEyz2zUMmqJJR6NmR Debit: -625.00 Bct Transaction fee: 0.0000005 Bct Transaction ID: 74514e0891c2d481dabdad7e67f508d1ae7b52212b866427a27f4926e8d782ec. Thank you, Team BCT ok thank you I would ask to costumer service www.europex.eu why until now has not been until
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dbharathreddy
Newbie
Offline
Activity: 22
Merit: 0
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May 26, 2014, 01:07:24 PM |
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Yes de Something i have always wondered about charity coins...
As they need proper currency, not crypto, the BCT must be sold for BTC which can then be converted to cash.
Surely with such a huge amount of coins, the price will be held down as these are sold or smashed down if they are sold quickly.
I'm not criticising or FUDing, just asking if that is how it will work. If it is, others may be nervous about investing.
Actually very valid point. The current working model of the charities requires conversion to fiat money (via BTC), thus price will drop at the time these coins are sold. One can however control the amount of coins that are released to charities (as maccaspacca also noted), to counterfeit that. This rises another question, who is going to manage charity share of coins and what policy will be chosen on when to sell these coins. +1 dev please dont sell all charity share's coin at once, or let community to decide how and when to sale +1 I think the key thing will be full transparency, something that this dev has given us fully up to now unlike similar coins There hopefully will be a number of ways that charity coins are distributed / sold / dripped to the market over a longer period of time. Charities sometimes need big lump sums but for the most part regular contributions are better, fitting this coins purpose better. Dear Members,
First of all we thank you for all your support and faith you kept on us till date.
Coming to distribution of funds to the charities there is nothing hurry to give them with in next few days.If we can slowly create big amount of BTC and convert them to USD,Pounds,Euros, etc. and donate it to
them that will fulfill our dream of helping the charities and the effort we kept for this coin from past few months.
We once again confirm you that every amount given to the charities will be 100 % transparent as we are till date and every proof of donation will be posted here on thread.
Before distributing we will take basic steps like mentioned below.
1.We will divide all the BCT we have for the cause in to weeks (example: 0.01 Million Per week) and send them to market.
2.Every amount converted to BTC will be posted here on thread.
3.Once we reach a reasonable amount we will pick few causes and keep for voting here.
4.Depending on the voting, amount will be distributed to the charities in order.
5.Proof of receipt will be posted here on thread.
Finally we promise that every single Satoshi we generate here will be given for the cause as announced in the beginning.No changes in that.
Thank You once again.
Regards,
Team BCTHey BCT Team . Yes i agree i am watching your coin from launching every thing looking excellent . Especially in claim transparency and process . Best of luck guys. Hi Every one lets keep on voting every hour . Don't panic as initial pricing will be up and down as many people will be dumping and buying to hold for feature cos of prices will go high as very few coins exist. Best of Luck Team.
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zangokoon
Member
Offline
Activity: 93
Merit: 10
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May 26, 2014, 02:10:41 PM |
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hi, guys, is this coin valuable? i want to get some. PM later.
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zmija
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May 26, 2014, 02:34:50 PM |
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Thx for the coins , keep up the good work
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maccaspacca
Sr. Member
Offline
Activity: 278
Merit: 258
Twitter: @maccaspacca1
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May 26, 2014, 02:51:05 PM |
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Keep voting everyone, last few hours of voting on MP https://www.mintpal.com/votinglet's make sure this happens and protect against a METH or ITC rally
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amiryaqot
Legendary
Offline
Activity: 1050
Merit: 1000
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May 26, 2014, 03:13:30 PM |
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Keep voting everyone, last few hours of voting on MP https://www.mintpal.com/votinglet's make sure this happens and protect against a METH or ITC rally we are #1 at mintpal, keep your support up
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tx42
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May 26, 2014, 04:17:33 PM |
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I just watched BCT coin lose 10,000 votes right before my eyes. What the heck?
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█ █ ██ ███ ███ ████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████ ███ ███ ██ █ ██ █ ██ ███ ███ ████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████ ███ ███ ██ █ █
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maccaspacca
Sr. Member
Offline
Activity: 278
Merit: 258
Twitter: @maccaspacca1
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May 26, 2014, 04:18:56 PM |
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OMG, what happened down below 10K votes !!!!
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zsnorbi
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May 26, 2014, 04:20:24 PM |
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More like 20K votes
13 Direct Link BCT BitCoinTalk Coin 1Pz3L3jmA32Pej5aLEnpg1wjfhofRLvREi 8095
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tx42
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May 26, 2014, 04:21:00 PM |
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More like 20K votes
13 Direct Link BCT BitCoinTalk Coin 1Pz3L3jmA32Pej5aLEnpg1wjfhofRLvREi 8095
Mintpal voting is a scam?
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█ █ ██ ███ ███ ████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████ ███ ███ ██ █ ██ █ ██ ███ ███ ████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████ ███ ███ ██ █ █
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maccaspacca
Sr. Member
Offline
Activity: 278
Merit: 258
Twitter: @maccaspacca1
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May 26, 2014, 04:22:19 PM |
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Something seriously wrong with MP....
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lordoliver
Legendary
Offline
Activity: 1666
Merit: 1020
expect(brain).toHaveBeenUsed()
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May 26, 2014, 04:22:31 PM |
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More like 20K votes
13 Direct Link BCT BitCoinTalk Coin 1Pz3L3jmA32Pej5aLEnpg1wjfhofRLvREi 8095
Mintpal voting is a scam? i more think the voting of bct was scammed somehow...
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