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Author Topic: [ANN][WKC] WANKCOIN - Shop Anonymously, Accepted at over 100+ HD sites!  (Read 175289 times)
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October 06, 2014, 06:09:54 AM
 #1481

1. max coin from 21M to 10.5M ... *will make coins more valuable, and save us 3-7 years inflation-pressure*
2. halving time 1/2 ... from 210.000 to 105.000 (or later 1.050.000 when we switch to 1min.) ... *will cut the supply and inflation-pressure on the coin price*
3. faster coin generation from 10min to 1min ... *better for real world use*
4. POW-POS ... (50-50) ...*will cut the price pressure also bring more investors*
- new wallet feature ... "park" for POS ...  *"park"...better because not everyone will keep his wallet online 24/7 http://www.youtube.com/embed/9WJlMsZCXbY *...
- holder need to have min xxx coins to be part of POS
- min. "parking" holding time 1 month
- would be nice to see how many coins are parked (total number)
and how many coins will you get ... if you park-hold xxx coins ...
- good option would also be to add not only "park" but also that you have to pay a small fee
let say for 1000 coins ... 0.01BTC or 10% (BTC is cheap now) ...
this could be used to back your price ... if you invest in POS parking that you know
you will not lose your cash (value will not drop like crazy)...
after the parking time you will get your BTC back (if the price didnt drop) or coins...
5. you must see what you should-could do... what would be better... * no response ,... so I assume they dont care*
- wait till block 70.000 (82 days from now, or block 60k 16 days) ... then pre-mine the other 35.000 blocks (1.75M coins) ... block 105.000 (so that we have 5.25M coins)
decide what is the best way to spend them...
a. make bulk sells ... sell packages ... 350x (5000 coins) ... for the exchange price + xx% , one package/person,... earned money use for support walls
b. make a giveaway ... tit, xxx, sex-coin owner can exchange for wkc... not more than 250wkc /user (coin value + 10-20%) *will bring us more user-holder...imp.: coins would be parked for time x*
c. other giveaways ... for new fiat-exchange user, new online wallet user ... for people using your gateway + 10-20% coins
d. ...
- or let the miner and POS "parked" coin holder ...mine them fast (1min generation time , block reward stay at 50 wkc)...
6. online-wallet ...
7. fiat-exchange ...
8. voting system in the wallet and online-wallet... (mined coins... your coins ... vote weight)... *who will do this crap every time* ...
9. name change ... *you are doing the marketing and should know what is better , what you can and what not with the name wank or a general-universal name*
"this is my position... https://bitcointalk.org/index.php?topic=625934.msg9076569#msg9076569"
1-5 ... coin adjustment
6-9 ... other
 Wink

WKC is miles ahead of where BTC was 9 months in.. some things also need to grow organically. WKC has market share in the porn space without even trying, when you rush the brush sometimes you fuck up the paint job lol

For what shall it profit a man, if he shall gain the world, and lose his own soul?
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October 06, 2014, 07:32:59 AM
 #1482

WKC is miles ahead of where BTC was 9 months in.. some things also need to grow organically. WKC has market share in the porn space without even trying, when you rush the brush sometimes you fuck up the paint job lol

wkc and btc are not the same...
btc was the first coin... they didn't have ASIC and 600 other alt coins (competition)...

maybe I'm crazy ... just to clone-copy btc will not work... (it has more to do with the time and inflation)...
we just need a coin adjustment ...

Do you really think that it will work with 21M coins halving every 210.000 block ...? I say never ... price will go under 0.00004 btc if not more ...
for the 35.000 coins (mine faster or pre-mine and share for free to gain acceptance-new user) ...
good we could wait ... that would be only 1 year thrown away ... for what... nothing...
btc needed the time it was a new thing... that was 6 years ago...

now you can pre-mine ... sell, share, give coins ... you need user...
people who will use your money... or it is worthless

if I buy a property in the jungle I will not live in the trees ...
and shit in the wood...
you know technology... and people evolve ... somehow

some things also need to grow organically ... agree... +1
and they will if we adjust the coin ...
 Wink
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October 06, 2014, 07:00:38 PM
 #1483

@ bla_bla

I think the issue you face here, is the fact you are trying to tell people what to do with their coins and their investment.

Having read your arguments I don't really see where you are coming from, you talk about the name and say paypal is not called fuckpal well no of coarse its not, its not aimed at the adult industry.

You also talk about holding coins in a holding cell or what ever, and even maybe charge for that... man you cant expect people to park their investments or be told what to do with them.

As to all your other ideas regarding halfing, bringing in the confirm times etc to the conspiracy theorist sounds like your trying to artificially increase the price ready for a dump, not that I'm saying you have that in mind.

That being said, the most valuable point some has bought up is indeed the confirm time, and this is one of WKC's biggest draw back IMO people who get the sudden movent down bellow and the urge want to knock one out right there and then, and not sit there with a hardon waiting for the damn coin to muture before the babe starts playing with her (.)(.)

The old saying "if it aint broke dont fix it" springs to mind, that being said some minor alterations maybe needed to keep up with others, and the changing times.

Well their is my bit Smiley

.
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October 06, 2014, 07:25:35 PM
Last edit: October 06, 2014, 07:38:40 PM by bla_bla
 #1484

@ bla_bla

I think the issue you face here, is the fact you are trying to tell people what to do with their coins and their investment.

Having read your arguments I don't really see where you are coming from, you talk about the name and say paypal is not called fuckpal well no of coarse its not, its not aimed at the adult industry.

You also talk about holding coins in a holding cell or what ever, and even maybe charge for that... man you cant expect people to park their investments or be told what to do with them.

As to all your other ideas regarding halfing, bringing in the confirm times etc to the conspiracy theorist sounds like your trying to artificially increase the price ready for a dump, not that I'm saying you have that in mind.

That being said, the most valuable point some has bought up is indeed the confirm time, and this is one of WKC's biggest draw back IMO people who get the sudden movent down bellow and the urge want to knock one out right there and then, and not sit there with a hardon waiting for the damn coin to muture before the babe starts playing with her (.)(.)

The old saying "if it aint broke dont fix it" springs to mind, that being said some minor alterations maybe needed to keep up with others, and the changing times.

Well their is my bit Smiley

what I'm trying to say is that we should adjust the coin...

paypal or fuckpal...
with $ ,€ and BTC you can buy whatever you wish ... food or pussy...
to use the name "wank" would be only for adult related businesses and that is in my eyes not smart...
that's all...

hoarding is needed ... will post you a picture ... why...
(blue we already have ... like accepted on 200+ sites) .. 2nd picture

maybe I sound like someone who would drop the coins ? (for you or other)...
on the other side maybe I sound like someone who would like to see this success,
I was the one who came first with PoS ... (for a good reason)
most people don't even realize what could be done ...

halving, coin supply and other suggestions...
sure ... it is in my interest to have a higher price...
1st picture ...
BTC ... because we have a 100% BTC clone...
red ... wkc now ... or 4 years ... for halving... (3-7 years waiting and fighting inflation)...
blue ... wkc with my suggestions ...

"if it aint broke dont fix it" ... didnt work for altavista, infoseek, yahoo ... google knows
it isn't broke ... also it isn't working properly...
1 month membership ~1.50$ isn't so... great
 Wink
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October 06, 2014, 07:26:53 PM
Last edit: October 07, 2014, 07:23:31 AM by bla_bla
 #1485

take a good look... (has nothing to do with the "name") ...



and



 Wink

or ...
BTC vs WKC changed ... (pictures are not 100% accurate)...


WKC now...


...
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October 06, 2014, 07:42:35 PM
 #1486

There may also be some backlash if we cater to the whims of a few whales as opposed to the entire community. We need to weigh all the angles fairly and suggest moderate alterations which will not impact things massively. A few changes to the code may/may not be viable as the coin is already launched BUT having said that, strengthening the coin and adding new features to it does it make it progressive. However BTC is not a bad thing to emulate, I cannot think of a SINGLE POS coin which has broken any significant cap.

This is not something we can flippantly change for personal gain, coin first, community second imo

For what shall it profit a man, if he shall gain the world, and lose his own soul?
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October 06, 2014, 07:43:26 PM
 #1487

Well you do make a compelling argument I will give you that.

I'm just giving you a point of view from an outsider looking in, and perhaps wanting in.

Maybe you are suggesting too much all at once ? Who knows.

I do though understand where you are coming from with this comment "with $ ,€ and BTC you can buy whatever you wish ... food or pussy..."

Your right I woudn't go into Asda and ask to pay in Wankcoins, but that being said is Wankcoin diverse enough for any thing other than the porn industry ? If not then Wankcoin is fine.
If the Dev's have ideas past the porn industry then yes a name change would be appropriate, but until the Dev's and the upper echelons tell me different then wankcoin is just for the porn game.

.
.7 BTC  WELCOME BONUS!..
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October 06, 2014, 07:52:25 PM
 #1488

Well you do make a compelling argument I will give you that.

I'm just giving you a point of view from an outsider looking in, and perhaps wanting in.

Maybe you are suggesting too much all at once ? Who knows.

I do though understand where you are coming from with this comment "with $ ,€ and BTC you can buy whatever you wish ... food or pussy..."

Your right I woudn't go into Asda and ask to pay in Wankcoins, but that being said is Wankcoin diverse enough for any thing other than the porn industry ? If not then Wankcoin is fine.
If the Dev's have ideas past the porn industry then yes a name change would be appropriate, but until the Dev's and the upper echelons tell me different then wankcoin is just for the porn game.

The porn game is nearly 100 Billion per year, BTC market cap is 5billion and a BTC is worth 340USD right now... lets keep it in perspective

For what shall it profit a man, if he shall gain the world, and lose his own soul?
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October 06, 2014, 07:57:48 PM
 #1489

Well you do make a compelling argument I will give you that.

I'm just giving you a point of view from an outsider looking in, and perhaps wanting in.

Maybe you are suggesting too much all at once ? Who knows.

I do though understand where you are coming from with this comment "with $ ,€ and BTC you can buy whatever you wish ... food or pussy..."

Your right I woudn't go into Asda and ask to pay in Wankcoins, but that being said is Wankcoin diverse enough for any thing other than the porn industry ? If not then Wankcoin is fine.
If the Dev's have ideas past the porn industry then yes a name change would be appropriate, but until the Dev's and the upper echelons tell me different then wankcoin is just for the porn game.

The porn game is nearly 100 Billion per year, BTC market cap is 5billion and a BTC is worth 340USD right now... lets keep it in perspective

Another good point.

.
.7 BTC  WELCOME BONUS!..
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October 06, 2014, 07:59:06 PM
 #1490


The porn game is nearly 100 Billion per year, BTC market cap is 5billion and a BTC is worth 340USD right now... lets keep it in perspective

yes and we have a market cap ~ 70000$ ...
 Grin

well... many know that this will go to the moon..
and if you don't have the cash... it is good for you
to have a high supply ... (you can buy cheap)...
and that is fine ,...
but 3-7 years ... who will buy hold the price for that time ?...

in that time you can go down... (disappear-kill the coin)
21M coins are 2 much...
inflation- coin supply will kill us...
just take a look at the pic1...

"This is not something we can flippantly change for personal gain, coin first, community second imo"

has nothing to do with "personal gain" ...
10000000 coin worth zero is zero...

take a good look at pic2 ...
without a higher price ... you can't move
 Wink

https://bittrex.com/Market/Index?MarketName=BTC-WKC  
take a look @ order book...
and you want to tell me this will work for the next 3-7 years... (never)
------------
the "name" is a other story ... (if changed or not doesnt matter here)
now Im talking only about the "coin" supply and inflation...
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October 06, 2014, 08:35:54 PM
 #1491

I'm familiar with the WKC order books - growth in user ship and people actually using the coin will impact the coins price dramatically. A change to POS may look like a pump & dump to the community or just people trying to grease their own pockets.

Again, name one successful PoS coin with any decent market cap.

Don't get me wrong blabla, I was one that was originally for a PoS/PoW hybrid as well, but it would have to be very well thought out and executed - with the community first

Also the market cap is 100k and it's a bad time for crypto market cap period. All crypto is purchased through BTC which is at an all time low for the year, not a valid reason.

For what shall it profit a man, if he shall gain the world, and lose his own soul?
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October 06, 2014, 08:41:22 PM
Last edit: October 06, 2014, 08:52:22 PM by bla_bla
 #1492

I'm familiar with the WKC order books - growth in user ship and people actually using the coin will impact the coins price dramatically. A change to POS may look like a pump & dump to the community or just people trying to grease their own pockets.

Again, name one successful PoS coin with any decent market cap.

Don't get me wrong blabla, I was one that was originally for a PoS/PoW hybrid as well, but it would have to be very well thought out and executed - with the community first

Also the market cap is 100k and it's a bad time for crypto market cap period. All crypto is purchased through BTC which is at an all time low for the year, not a valid reason.

... what community ? ... go to rich list take a good look...

POS can be "scam" ... for new coins ...
you know POS 100% with xx% pre-mined or...
3 days POW ... switch to POS ... and dump

we are talking POW-POS hybrid
and people had time to mine 1 year ...

market cap,... yes it is maybe 85-100k you are talking in billions ...
yes btc went down alt coins with it...
now calculate how much wkc went down ...

I bought at 0.0003.. (btc was ~600$) ...
and stoped with buying ... (and now it is cheap)... for a good reason ...

1st I have enough ...
2nd if this stays as it is now... coins can become only cheaper or worse be worthless
(I send pic 2 for a good reason)

*big number of miner will never come if the price is low ... not profitable
*new buyer will not come if they know price will fall in the future (for the next 3-7 years) they will come later if you survive
 Wink
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October 06, 2014, 08:50:24 PM
 #1493

Though we sit on the same side of the fence, we have to attempt to be a little more objective in our approach. IMO more user ship and general acceptance of the coin will blast it to outer space.

The SHA256 community will mine the SHIT out of this coin when it flies to the moon and we will ride the pumps and the dumps all the way to 1$ - 100$ / If they decide to alter the code of the coin to reflect a PoS/PoW hybrid or preferably PoW/PoW  (Proof of wank, lol)

We just have to make sure it is done perfectly as to not upset the apple cart, nothing is ready before its time bla_bla - you cant force it. Ever try forcing a huge shit? it hurts man... lol

For what shall it profit a man, if he shall gain the world, and lose his own soul?
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October 06, 2014, 08:54:39 PM
 #1494

Though we sit on the same side of the fence, we have to attempt to be a little more objective in our approach. IMO more user ship and general acceptance of the coin will blast it to outer space.

The SHA256 community will mine the SHIT out of this coin when it flies to the moon and we will ride the pumps and the dumps all the way to 1$ - 100$ / If they decide to alter the code of the coin to reflect a PoS/PoW hybrid or preferably PoW/PoW  (Proof of wank, lol)

We just have to make sure it is done perfectly as to not upset the apple cart, nothing is ready before its time bla_bla - you cant force it. Ever try forcing a huge shit? it hurts man... lol

"Ever try forcing a huge shit? it hurts man... lol" ...

yeah... but... the job must be done...
don`t try to hold ... it can go wrong...
 Wink
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October 06, 2014, 09:00:01 PM
 #1495

Though we sit on the same side of the fence, we have to attempt to be a little more objective in our approach. IMO more user ship and general acceptance of the coin will blast it to outer space.

The SHA256 community will mine the SHIT out of this coin when it flies to the moon and we will ride the pumps and the dumps all the way to 1$ - 100$ / If they decide to alter the code of the coin to reflect a PoS/PoW hybrid or preferably PoW/PoW  (Proof of wank, lol)

We just have to make sure it is done perfectly as to not upset the apple cart, nothing is ready before its time bla_bla - you cant force it. Ever try forcing a huge shit? it hurts man... lol

"Ever try forcing a huge shit? it hurts man... lol" ...

yeah... but... the job must be done...
don`t try to hold ... it can go wrong...
 Wink

lol don't wink at me while you talk about my shits

For what shall it profit a man, if he shall gain the world, and lose his own soul?
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October 06, 2014, 09:05:32 PM
 #1496

Though we sit on the same side of the fence, we have to attempt to be a little more objective in our approach. IMO more user ship and general acceptance of the coin will blast it to outer space.

The SHA256 community will mine the SHIT out of this coin when it flies to the moon and we will ride the pumps and the dumps all the way to 1$ - 100$ / If they decide to alter the code of the coin to reflect a PoS/PoW hybrid or preferably PoW/PoW  (Proof of wank, lol)

We just have to make sure it is done perfectly as to not upset the apple cart, nothing is ready before its time bla_bla - you cant force it. Ever try forcing a huge shit? it hurts man... lol

"Ever try forcing a huge shit? it hurts man... lol" ...

yeah... but... the job must be done...
don`t try to hold ... it can go wrong...
 Wink

lol don't wink at me while you talk about my shits

... study pic2 ...
https://bitcointalk.org/index.php?topic=625934.msg9107161#msg9107161
 Smiley

I'm gone...
we will see what the dev team has to say ...
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October 06, 2014, 09:06:06 PM
 #1497

Mondays are my catch-up days and I see a few different ideas posted over the weekend and today!

I do agree this needs to be well thought out and executed. These are some major changes we are talking about, done properly and we are gone to the moon, done poorly, and well....

I'm going to go back and re-read everything, digest, and give you a few more of my thoughts in more detail, likely tomorrow.

Unofficially, I like the idea of lowering the maximum amount of coins. There is more value in scarcity. However, I'm not sure if cutting it in half is the correct way to go, especially if we want a decent amount of coins mine-able still and a good staking period. I also like the idea of cutting the halving time, but I'm not so sure about having a period of time where there is a large amount of mine-able coins.

I really like the  Nubits parking idea, it's a good solution to those would want to stake their coins but don't always keep their wallets online, and it guarantees coins won't be dumped.

Online wallet is coming with the ability to buy WKC with fiat.

The name change thing, personally I'm on the fence. I love the name Wankcoin and it's an adult related coin so I think it's okay. On the flip side, I see how making the name mainstream can open more doors. Having said that, I think the majority of merchants who are going to accept crypto currencies will use something like GoCoin or Coin Payments to process their coins, in which case Wankcoin will just be one of the many accepted, so I'm not really sure how much a name change will do for the coin.

Thanks for the continued feedback. I'll be crunching some numbers and share with you what I think could work and open it up for more discussion.

Wankcoin (WKC): 1LKrvHLP6TBywLxVPQrpabYFePNXt6uUY6
Bank while you wank!
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October 07, 2014, 10:10:31 AM
 #1498

Unofficially, I like the idea of lowering the maximum amount of coins. There is more value in scarcity. However, I'm not sure if cutting it in half is the correct way to go, especially if we want a decent amount of coins mine-able still and a good staking period. I also like the idea of cutting the halving time, but I'm not so sure about having a period of time where there is a large amount of mine-able coins.

I disagree.
Simply reducing coins doesn't create value. Plain scarcity doesn't create value.
If I go to my workshop and create a crazy looking piece of art out of wood and steel, it will totally unique among the whole planet, but NOBODY would want to buy it.
So scarcity doesn't mean value per se.

My personal opinion is to refrain from changing the coin at all. Keep it as close to bitcoin as possible, and strive to make it merge minable.

I visit so many mining pools where you mine bitcoin and mergemine namecoin, devoin and ixcoin at the same time. Why not add wankcoin to that list?





If wankcoin is here to stay then make it stand shoulder-to-shoulder with bitcoin, forever. Merge-Mining attaches a coin to bitcoin forever.

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October 07, 2014, 11:52:05 AM
Last edit: October 07, 2014, 12:39:24 PM by bla_bla
 #1499

21M or any coin number isn't the problem  ...
50 coins/block the next 3 years are... inflation is huge... and time is a problem (I think the coin will not survive 3-7 years)

first 4 years inflation was huge also for BTC ...
they had time to grow organically ... mine with cpu, gpu ... Asic (now)

wkc cant tell porn.com surfer hey mine coins... with your laptop-computer...
when you have ASIC miner ...
the reason we have so many script coins...

that's 7200 coins/day ...
if coin=1$ (now it is 2.8c) it would mean someone must add 7200$/day to keep the price
we cant hold the price with 3c ...~ 215$/day ...
it is just not realistic ...

lol at your first pic... its cex.io ... they will never add wankcoin
with or without merged mining BTC ... (from merged mining only BTC would profit)

when you go to pool.wankcoin.com
you will always see 60-95 miner (small miner) with 30-40TH...! not 500-1000 or more ...
and it's no wonder ... the coin isn't profitable ...
it can't be profitable when you create 7200 coins/day and have a demand for ~1000-2000-3000 max
miner ... mine and drop coins ... taking cash right away ... making few % profit (now)
they payed for the miner long time ago (cant compete with the bigger miner) so they are mining now wank...
till the coin is death and then move to another coin...

then go to http://explorer.wankcoin.com/rich
you will see 40300 (All) that aren't user(only used addresses)  ...

we need a smaller inflation
more user (will come with the fiat-exchange online wallet)
we need more giveaways ...
increase the demand ... so the price can go up
when the price goes up... mining will be more profitable (and we will see more miner)
also when the price goes up (explodes) we will gain media attention ...

you just cant copy BTC and think it will work...
it will not ...

and when someone says take a look how did BTC perform in the same time... please
if we would do it that way ... we would not have now 30TH/s...
maybe few MH/s  ... max

we need to find a solution so that everyone is happy with it...
on the other side you cant allow yourself to kill the coin for few people ...
who will go away ... anyway...
that's the reason I suggested a PoW-PoS hybrid (and not 100% PoS, why not leave the miner)...

for the user ... let say we made some giveaways...
and have now 15000 new online wallets...
lets say... 7200 buy only 1 coin/day... our price would be stable...
now it isn't...
let say the price would go up...
I'm sure ... 10.000 would buy more , maybe 100-200 each... (that's the way people react-work)
BTC skyrocket ... the same way... (like everything else)
----------------------
and for the smart ones...
bought plenty coins because I believe this is good for the adult industry
it has huge potential and is a good investment ... (done right)...
and to clear it once for all time...
to all screamers...
"sell, sell, SELL if you don't like it" ...
"you sound like pump-dump"...
"we want PoW" ... and other selfish crap...

if someone buys a bigger amount of coins (not 0.1-1btc)
1. he can`t sell ... only if he takes a huge lost (its more a lost chance)
2. will not sell (the reason he bought d coins) ...
3. has interest that all parties involved are happy (includes miner, holder, trader... its the only way this can work)...
4. for pump-dump I have 2 many coins... (would only harm the coin-myself-my investment)...
5. ...

if you are a miner or want to buy cheap coins (love inflation-cheap coins)
that is fine with me...
till it gets dangerous for the coin...
and the whole project...
 Wink
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October 07, 2014, 03:59:28 PM
 #1500

Hi guys, for me wank coin, must go on a big exchange fiat!
Wankcoin no longer pass bitcoin, but be a real money for adult!
Wankcoin must be affordable with credit card!
When Wankcoin will as buy a normal service online, we will be able to sell wankcoin to sexyshop online, cam girl, viagra-cicalis service... ecc ecc..

What do you think?

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