I decided to learn a thing or two about mining, and used this coin to learn it.
I figured if there is going to be a coin whose entire existence is based on an otherwise-silly competition between BOY vs. GIRL, this would be a way to incentivize investing and holding such a coin.
Since the infrastructure still seems to be getting built up around this coin, and I now hold a few, I may as well try to help move things forward.
Let's create a marketFor the time being, on market lists Boycoin or Girlcoin.
I offer either at the following prices:
0.05 BTC for 10,000 [BOY] or [GIRL]
0.1 BTC for 100,000 [BOY] or [GIRL]
If you want some, shoot me a PM. Terms will be pre-payment only, I'm a longtime member.
Far more significantly, people are going to need to give a crap about a coin for it to have a chance.
I thought maybe the simplest way to objectively measure this would be a boy/girl meter, showing who is 'winning'.
I'd propose that # of coins mined is the simplest metric.
Imagine
www.boyorgirlcoin.com, with a lever tilting to men or women...and of course the background image would have to rotate between the mentioned Miley Cyrus and Justin Beiber based on who is currently in the lead.
This should work, as the 'winning' gender has more coins mined, which generally means higher difficulty, and higher price per coin.
So the 'winning' is indirectly linked to the more valuable coin...in theory.
Coin creator, do you think you could throw together such a site?
Failing that, I'd be willing to offer a personal bounty of, eh, let's say 100K in [BOY], [GIRL], or a mix of your choice, if you created a site similar to what I discussed, and threw at least some effort into trying to promote it. (Hell, advertise the site and make some money off it for all I care.) Just PM me before you start, to make sure we're on the same page.
***DEV: Evil thought to put in your head.
People are crying out for the
interaction between the coins.
I think there's a way to give it to them, while providing a semi-long-term incentive and competition.
Each coin has a MAX_COINS. I think each is 10 Billion.
Once per week, each coin sets its MAX_COINS to its current max coins, and then adds or removes 10 percent.
The rewards per block never changes.
In the end, this has no effect on either coin, except
dramatically increasing the scarcity of the coin that wins.
Let's say [BOY] gets in the lead and never loses it, to be simple.
Week 1, Max Coins = 10B, Coins Mined = 100M
Week 2, Max Coins = 9B, Coins Mined = 400M
...
Week 12, Max Coins = 3.13B, Coins Mined = 3.13B
In this oversimplified example, [BOY] now hits its limit and moves to pure proof of stake, earning 11% per year. But of course, whichever coin gets there first,
there is a bonus appreciation of 100%, immediately, immediately distributed at the point the max coins hits the coins mined limit.In this example. BOY holders would all double their holdings, and end up with a 6.26B coin population (3.13*2). They remain 1.5x scarcer than [GIRL] will be.
Of course, all these numbers could (should) be fiddled with.
EDIT: I second the comment about (not) using freemining. They are still not releasing coins. I used slugmonkey - it had great efficiency, no problems to date.
