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Author Topic: (PRE ANN) INTRODUCING.. CRYPTOFOOD (open business economics) SHA multi  (Read 2540 times)
MickGhee (OP)
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May 17, 2014, 04:06:44 PM
 #21

Not so smart using SHA-256 algo these days.

we are working on a myriad style coin, incorporating sha x11  Huh thats still in the air  we think this balance will make the coin more fair. I think Sha usage is undervalued and a pre existing(In terms of network speed) asset other developers quickly overlook. sha is secure difficult and little miners are all over. not to mention a lot of heavy hitters are deeply invested in the infrastructure.
   Im sure the above-mentioned are looking at this thread and hoping we pull it together.

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MickGhee (OP)
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May 18, 2014, 12:26:33 AM
 #22

Will not fly. It's too difficult and large poject. Sorry bro   Undecided

i know how big it is but thats idea i have built several companies thgat everyone told me would fail and sold em both. This will be no different

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May 20, 2014, 12:28:41 AM
 #23

so its just 6000 customers per day  

Wow, yeah 6,000 customers per day.  Just to make a "profit" of 2K per week (which assumes you have zero overhead.)  Damn.

Since you are a professional marketer, I'm sure you can tell me how much you have budgeted for customer acquisition costs, and where those funds are coming from.
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May 20, 2014, 10:28:27 PM
 #24

so its just 6000 customers per day  

Wow, yeah 6,000 customers per day.  Just to make a "profit" of 2K per week (which assumes you have zero overhead.)  Damn.

Since you are a professional marketer, I'm sure you can tell me how much you have budgeted for customer acquisition costs, and where those funds are coming from.


we plan on using 70% of the ipo for marketing. If we hit our goal of 30 btc or 12500 usd we would have about 9k to use for our initial marketing campaign the other 3500  would be used as cash reserves to process inital orders during the first few days as funds clear also the company would own the first(and only at that point) franchise processing 100 % of the volume ourselves, meaning we take 100% of the of the service fee so in actuality  we would need only abt 11.2% of that figure roughly 625 customers a day we have abt 40 orders per hr so u got me (on days im not drawing boards) the wife (when she is not chasing the baby) and my idiot brother in law (when he is not hammered) so we need 200 0rders+ per shift with really no orders between 3 am pst and 10 am est (5am to 9am) local time so ur looking at one order roughly every 2 minutes i dont think we would immediately meet that target  until apx 2-3 months granted a successful launch of coin (stability) and a favorable opinion in the eyes of miners and traders

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MickGhee (OP)
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July 12, 2014, 01:12:06 AM
 #25

this idea died and was changed see here
https://bitcointalk.org/index.php?topic=685413.msg7779471#msg7779471

Last night, while you were sleeping. I fucked the system!
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