Hi,
Looks like an awesome coin... Shame it's a self-moderated thread. Oh well, I guess I'll pick up the next PoC coin.
Could you expend a bit and explain why to you think it's a bad thing ?
I'm up to debate on this, I made this thread self-moderated to avoid trolls and not justified attacks. Until now 3 posts has been deleted and I told it each time I did it:
https://bitcointalk.org/index.php?topic=642933.msg7212258#msg7212258https://bitcointalk.org/index.php?topic=642933.msg7194177#msg7194177https://bitcointalk.org/index.php?topic=642933.msg7286530#msg7286530Wow, this one takes some brainpower to follow!
I'm still a bit confused, but I think I get the main concept. Like many, I am unsure how this is superior to an IPO, but I do get that fairness is the goal.
47 billion "shares" versus actual coin number can be a bit confusing, but I see why you say that share totals are "irrelevant".
It is very (very!) difficult to comprehend if the share price is reasonable. And the fact that one cannot sell their "shares" but may be able to (some day in the future) do something or another in the blockchain is well, above my head at the moment. (I will have to dig in further on the concept, I guess).
Overall, I think the concept is a really fun idea, if nothing else. It even involves a bit of strategy as to when to turn on and off the shares.
I can understand that the theoretical side is pretty harsh to understand. The concept is very new, peoples have a lots of questions.
The relationship between the PoC mechanics and the market is very important and lead to a lots of maths, schemes and explanations.
For a basic practice, PoC is very easy to get (just check the website for a better understanding).
If you have any questions because something isn't clear, I'm here to provide an answer.
A couple of minor, well, suggestions, I suppose, not really complaints. As English is clearly a second language to you (Kib), you are doing fantastic. But, you know, as actual English goes, well, you need a bit of work Cheesy . That doesn't really matter of course as, for the most part, you are perfectly understandable and your work on the coin is unrelated to whatever language you speak. Anyway, I'm just saying that after the initial rollout, you might want to think about maybe recruiting a friend who speaks English to give you a hand on the thread. It is definitely not fair, but I have found that many people are distrustful of coins where the main guy on the coin can't speak English. Think of it as the Wolong effect. (Wolong is a famous coin scammer, supposedly from China).
Yes English is a second language and absolutely not my native one. The mainstream for Crypto is in English, and I have to deal with that.
As Francecrypto said, I have some bounties pending for helping me to fix my typos or mistakes.
I'm aware of the importance to have a perfect english, we will only reach this with the help of native speakers. We may even have to recruit a community manager in the future.
Which brings me to the name. I have seen people on this thread complaining about it. I think this is where the language gap comes into play. Kibwee may sound awesome and maybe even clever (who knows) in your language. However, it is a bit awkward to say in English. A "B' followed by a "W" is just not common in English. In fact, off the top of my head, I can't think of one word that uses those two letters together. Anyway, I think that is part of why you are getting complaints about it -- it's certainly no reflection on you.
Kibwee is harsh to say for most peoples, even on my language.
I like the "UFO effect" of this name.
But if this become a real issue, we will change it, just for KibCoin or so.
Anyway, thanks for your detailed feedback.
But, back to the more important things:
This seems like an exciting new concept and I can't wait to see how it goes! Good luck to KIB!
Thanks ! We are very impressed to see so many peoples supporting the project.
