got an idea
get up and do it

sink your
blood and treasure into it
show
proof of work

fail but learn
do it again
fail but learn even more
do it again and again
and win

proof of concept
we copy what works already
play with it a little
and discover something newer something better
that's the idea of open source

lets provide the software, technical know how, and means to empowering people, the world around
lets provide the SOURCE
open and free tools
open and free ideas


the people in crypto
the people in tech
are more important than ever

We are Information Tech Knowledge -ist

We are reinventing the world
providing Open and Free ideas (code)
2 de-central-lized the way things are

we will
we can
and we are
reforming anything
everything

if you know where you are going
then the whole world will step out of your way

lets draw a map
mark the path
and move the world

--

Success begins with a positive attitude, it is the most valuable asset we may own.

opensource coin supports transparency and open source tools and platforms to maintain a sustainable and reliable OPEN internet of things and information and VALUE.

opensource transaction process is secured by the miners who dedicate their computer processing power to maintain the network together. Every new and existing miner creates stability and strengthens the opensource coin network.

OPEN SOURCE star alliances

/ opensource ORG
/ OpenSSL
/ OpenBSD
/ GNU
/ mozilla firefox
/ linux
/ wikimedia http://wikimediafoundation.org/wiki/Our_projects
/ github
/ OS SEC http://seclists.org/oss-sec/


wikiCoin http://wikicoin.wikia.com/wiki/WikiCoin_Wiki
orgCoin
dataCoin
FLOcoin http://florincoin.info/messages
anoncoin
darkcoin
netCoin
nameCoin
iCoin
timeKion
bitshares

http://walletgenerator.net/
http://www.highcharts.com/

As more people learn about the utility crypto, rising demand will come from community members who are interested in either storing wealth, or investing to profit from such demand.

This new phase which leaves volatile inflation behind can be called the capitalization phase. During this phase of the OSC’s lifecycle there will be many opportunities for skilled investors to provide liquidity where the price rises too quickly, and to provide demand when a low price does not correctly reflect its potential.

The fundamental shift that drives this capitalization will be a demand for real crypto-currencies which represent an honest and fair medium of exchange PLUS wealth storage.

PLUS a coin which creates a new economy and new industry. Open Source tools and platforms and Tech support for such technologies.

A reliable store of wealth is a necessary part of a healthy crypto-ecosystem and we will see the demand rise as markets shift from the legacy debt-based economy to a fair and open economy enabled by these OPEN technologies.

As  the crypto-ecosystem continues to mature, trust is built amongst the community attracting the attention of larger holders of capital.

This general progression may go from hobbyists, miners, and small investors, to small business, large businesses, multinational corporations, financial institutions, and sovereign entities. There are no distinct lines that are crossed but each group influences aggregate demand throughout the capitalization phase.

Investors provide liquidity as the new demand is realized. This process helps to stabilize the overall price trajectory as capitalization continues through a changing demand profile.

The greater the trust in Open Source’s ability to store wealth, the more stable its value measured against other commodities becomes. The capitalization phase will eventually give way to the long term store of wealth phase in which Open Source may gain recognition as a safe haven asset.

r3wt [Ocoin OSC Information: post #27 Posted 03 October 2013]

Nautiluscoin Ocoin Stabilization Fund:
 
Ocoin  Trading and Stabilization Operations

One percent of Nautiluscoin Ocoin was purchased on the open market and is used to establish the Ocoin Stabilization Fund (OSSF).

The OSSF will actively make a market to ensure a stable growth pattern.

The goal of the OSSF is to reduce price volatility while providing steady price appreciation.

By allowing for price appreciation, the OSSF will combat the effects of inflation on purchasing power.

Explained

currency as a commodity that should compete for acceptance.  
competition creates the strongest currency


use either a currency peg system or daily band.

However, as we have seen countless times these systems are flawed. Once the market realizes the entity responsible for maintaining the peg is under-capitalized people abandon the currency. For a real life example we need not look any further than the breaking of the Bank of England. - it can be overwhelmed.


A Real Life Example

The creation of the Get OSC shirts is a real life example of why a stable currency is needed.  Between production and shipping the shirts will cost around $18-20 -charging 2000 OSC for the shirts, which at current exchange rates is about $18.  If miners decide to sell and the rate drops to 0.0001 BTC then value 2000 OSC drops to $9, leaving loss of $11 per shirt.


O Coin Multi-Pool

multi-pool has a one primaray goal:

Increasing the value by mining the most profitable alt-coins and exchanging them against O Coins.

O coins will be paid out to the miners of the multi-pool.

---

sovereignty
the nation state (king,warlords)
force use by monopoly of law/law enforcement
demand usage in the market and tribute by said coin [tax]
post 2008 currency can be created by individuals
value is gained by adoption
adoption creates sovereignty
the community
(globally distributed)
becomes a
sovereign

Advanced Block Chain Finance

creating / building / maintaining
stable financial instruments
capable of carrying vast amounts of wealth
safe, secure, on open networks

more economically efficient than Bitcoin

Roadmap
There are three keystones to our plan:
1.   Organize a Community around open source
2.   Gain Acceptance with retailers (because they want to exchange with the community)/done via OpenEx
3.   Continuous Development of coin, community, and open source codes

the key to 'true' (vs. pumped or hyped) VALUE over the long haul
long term value

useful, valuable, and innovative

supportive creative community

a strong secure blockchain
attractive features
community
on which to build trust

True value is built up from trust and a strong blockchain and takes time.
True value is built up from the solid support of dedicated developers and miners.
True value is dedicated investors and community participants in it for the long haul.


features that 'tie up' in any fashion should be implemented with caution

Quote
I tried to explain bitcoin some time ago to an older woman.  She smiled at me and said 'oh honey, that sounds wonderful but those rich people are never going to let us poor people get rich like they are'

As long as 'we' control the network, 'we' can make the rules.

Coins provide us with capital needed for growth, development, and execution of both non-profit
and for-profit projects in the crypto ecosystem.

project lead
The guy running around everywhere trying to make sure the pieces of the puzzle are coming together nicely

Core Leadership team
team managerz

community strengthens the coin?
No. community is the coin.

vision for the future
community via ownership
the reward for being part of the community is holding the coin

The idea is that we can grow our coin by creating projects where the coin can be used. 

No longer are there be countless intermediaries between investors and entrepreneurs.

Dream of developing a coin that is centered around doing good with its own identity, wallet, projects.

A loyal following of not just investors, miners, techs and developers but everyday fans alike that believe in what Ocoin stands for.
open source

food for thought

USA/UK/CA/JP
EU
RUSSIA CHINA

which ones are allowing crypto2fiat?
(nevermind the jawboning)

JP=economic blackhole GOX (silk road / 800k missing BTC / Nov-Jan bubble price fixing)
UK=deadend for ex .. GBLSE?
USA=tightly regulated
CAN=vos only for canadians

EU = AML/KYC tightening (stamp going gox//also the bankers are who?)

RUSSIA
CHINA
leading market floors

ASEAN/HK
can you say proxy
but for who

step back look at the bigger picture and recent world events:
Syria, Ukraine, a missing flight out of KL headed to China, and Siam (shin corp / Carlyle) ousted.


Lobbying the Open Source Foundation for recognition

OSC

digital autonomous corporation / co operation
self propagating self funding platform
open source software projects

a BIG community based project
those who want to contribute hold and/or develop
why not both?

continuous development project for open source software
/ OSC = operating systems community

A coin A project
based on a open set of rules
SOFTWARE THAT FUNDS ITSELF

funds are automatically distributed by code/algorithm
to the developers / writers / projects

the program funds itself
the programs fund themselves

value is increase by open trust pledges
Stabilization [timed burns / frozen / cold storage] [multipool mining/buybacks]

self funding developments
well funded open source platforms

+providing
software, servers, storage, bandwidth

+providing
volunteerism with financial rewards

+providing
services
infrastructure
data

+providing
creating blue prints for the DAC realm

what happens when you take open source and tie it to an open source funding mechanism?
you get open source coin

examples

check-ins of code (fee) per request
supply bandwidth (fee) per request
+coders work on funded github projects (sub DACs)
+sysadmins, copy writers, graphic artist work for (fee) per project/enterprise operation

circular economy
synergy >> more development >> more synergy [loop]

don't be evil
can't be evil
because code
/ there is no individual to corrupt

it is an idea
it is open to all


distributed consensus