[ANN][1CR] 1CRedit Coin Relaunch

[The Ambia Fund]

Marketing looks solid. The fact that your team has releases every few days keeps investors on their toes, and it keeps the hype about 1CR relevant. I would recommend to space out your releases though. You don't want to run out of new things to provide a hungry crowd.

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[SmallVern]

Can't wait to release the two exchanges with whom we're partnering! One is a large exchange in Brazil according to Alexa (ranks websites in terms of internet traffic).

We're updated on Coinmarketcap, huge thanks to those guys! I'm in talks with a game developer AND a designer (two separate people), so making progress on that front. We have a mining pool set up it looks like, and I have someone working on a great project that will be unveiled Sunday or Monday.

After all of this, I'm getting to work on the roadmap and would love help with that. The roadmap should be released sometime later next week. So much news, so much activity! 1CR is back!



While things like the roadmap and exchanges seem like short-term bids, I really am beginning to focus on long-term growth strategies for 1CR. This includes the work with game developers and seeking out existing games to partner with.

[dnaleor]

Due to the recent activity on the exchanges, I just want to say this:
Be cautious! Don't invest more than you can afford to loose.
This is a very small currency with no real developers. I am looking into a few things, but I am in no way an experienced dev.

I am trying to make sure this currency can continue as I think it should continue to exist because it's the first currency which has a constant block reward since the genesis block. This is how emission looks like compared to bitcoin:



The number of coins in circulation is very small compared to BTC, so that kinda justifies an exchange rate that is more than a few satoshi's. But the number of users/holders will also probably be small for the years to come. This won't change until it's clear that BTC has problems attracting new people because they look at BTC as a ponzi. After all, 75% of the bitcoins are already mined in under 8 years.

The question that 1CR poses to all the cryptocurrencies is why skew the emission curve towards the early adopters?
Early adopters already have an advantage by being early, which means coins are cheap because there aren't many people interested. Why give an additional benefit by creating more coins in the early days/weeks/months/years ?

However it's not set in stone people will turn their back on BTC and other crypto's with "unfair" emission curves. Maybe big 1CR adoption never even happens. At this point, I see 1CR as a hedge against the emission curve of 99.99% of the cryptocurrencies that currently exist. Nothing more, nothing less.

The fact that 1CR has a fixed block reward, also makes it a lot easier to scale. We don't need to develop a fee market to have an incentive for future miners. So we can have larger block sizes and maybe even adopt a dynamical block size limit.
Maybe 1CR can even experiment with 0-fee transactions. I have some ideas, but not sure if they'll work.

A lot is possible, but please, don't have too high expectations. I repeat, I am not a "coin dev", so development will be slow.

[Altcoinlover]

Due to the recent activity on the exchanges, I just want to say this:
Be cautious! Don't invest more than you can afford to loose.
This is a very small currency with no real developers. I am looking into a few things, but I am in no way an experienced dev.

I am trying to make sure this currency can continue as I think it should continue to exist because it's the first currency which has a constant block reward since the genesis block. This is how emission looks like compared to bitcoin:



The number of coins in circulation is very small compared to BTC, so that kinda justifies an exchange rate that is more than a few satoshi's. But the number of users/holders will also probably be small for the years to come. This won't change until it's clear that BTC has problems attracting new people because they look at BTC as a ponzi. After all, 75% of the bitcoins are already mined in under 8 years.

The question that 1CR poses to all the cryptocurrencies is why skew the emission curve towards the early adopters?
Early adopters already have an advantage by being early, which means coins are cheap because there aren't many people interested. Why give an additional benefit by creating more coins in the early days/weeks/months/years ?

However it's not set in stone people will turn their back on BTC and other crypto's with "unfair" emission curves. Maybe big 1CR adoption never even happens. At this point, I see 1CR as a hedge against the emission curve of 99.99% of the cryptocurrencies that currently exist. Nothing more, nothing less.

The fact that 1CR has a fixed block reward, also makes it a lot easier to scale. We don't need to develop a fee market to have an incentive for future miners. So we can have larger block sizes and maybe even adopt a dynamical block size limit.
Maybe 1CR can even experiment with 0-fee transactions. I have some ideas, but not sure if they'll work.

A lot is possible, but please, don't have too high expectations. I repeat, I am not a "coin dev", so development will be slow.

I am an happy tiny holder of 1CR.

Thanks for your update and your advice to people.
Wise advice should I tell.

Continue your great work / developpment

[r.o.o.t]

+60 % seems a bit crazy for a currency that has no devs and neverending inflation to me.

[myriadforce]

+60 % seems a bit crazy for a currency that has no devs and neverending inflation to me.

1CR has a team of 3 or 4. Stay up to speed on twitter -  
https://twitter.com/1CreditOfficial

58,964 1CR available - woo hoo.

On to Alpha Centauri . .  

[myriadforce]

+60 % seems a bit crazy for a currency that has no devs and neverending inflation to me.

1CR has a team of 3 or 4. Stay up to speed on twitter -  
https://twitter.com/1CreditOfficial

58,964 1CR available - woo hoo.

On to Alpha Centauri . .  

Latest tweet from 1CR Dev -
https://twitter.com/1CreditOfficial/status/781933611087962112

[SmallVern]

I'm working really hard to find game developers who can partner with 1CR, I've already found one! They will help us build the games (or gaming platform) that will hold 1CR.

I'm talking to a team of website designers (website design is their job, whereas it's just my hobby), and I may get them set up to provide the website for us. They'll be able to provide a website that will rival that of big gaming corporations and help provide our users and adopters with a great place to spend/use/earn 1CR.

Sunday, there will be another release. This is something I've been working on with a team member for a while now, and we're excited to unveil it.

[olkah]

I'm working really hard to find game developers who can partner with 1CR, I've already found one! They will help us build the games (or gaming platform) that will hold 1CR.

I'm talking to a team of website designers (website design is their job, whereas it's just my hobby), and I may get them set up to provide the website for us. They'll be able to provide a website that will rival that of big gaming corporations and help provide our users and adopters with a great place to spend/use/earn 1CR.

Sunday, there will be another release. This is something I've been working on with a team member for a while now, and we're excited to unveil it.

Here click here http://worldoftanks.ru/ an audience of over 100 million people

[Fredomago]

I'm working really hard to find game developers who can partner with 1CR, I've already found one! They will help us build the games (or gaming platform) that will hold 1CR.

I'm talking to a team of website designers (website design is their job, whereas it's just my hobby), and I may get them set up to provide the website for us. They'll be able to provide a website that will rival that of big gaming corporations and help provide our users and adopters with a great place to spend/use/earn 1CR.

Sunday, there will be another release. This is something I've been working on with a team member for a while now, and we're excited to unveil it.

is this also the reason why the price is so high i'm just looking on it from polo and wondering how the coin keep getting support are you the one whos behind the pump or it is really the project that you are working right now who's getting some attention i think if you still have something to show after that new project the price will still going up. good luck dev.

[myriadforce]

1CR is now a Cult-Cryptocoin Phenomenon - even if the game/tech is only marginal.
The fact that there are less than 60,000 coins is making it soar to Alpha Centauri. Is it possible 1CR could soar past $1000.00 USD?
Yes, it's possible.
Is it likely?
Methinks so.

Just updated on CoinMarketCap -
59,115 1CR Now Available.

Continues to soar -
Currently up 167%
 

[Shiroslullaby]

Wow never heard of this coin and its exploding today lol.
Hope its not just some pump and dump scheme and we actually have some significant news from the development page.
I guess we will see in about two days when we have the next "announcement".

[dnaleor]

this is insanely overvalued, imho. smells like a pump to me  
Good news is I sold some so I have more funds to spend on hiring a dev if needed.

[galaxiekyl]

lol..the truth is elsewhere..

[myriadforce]

this is insanely overvalued, imho. smells like a pump to me  
Good news is I sold some so I have more funds to spend on hiring a dev if needed.

You mean deeply undervalued (like Mariana Trench deep).
1Credit won't need your money, they have three people working now and just hired a game programmer -
although, the funnest game 1CR is providing, is trading it - three exchanges now. With less than 60,000 coins, 1CR will create loads of volatility on its way up to $1000.00 per coin, then $5000.00 and so on.

1CR is going Stratospheric . . then into the Supernatural Corridors of the Cryptoverse.  

Mystery product shall be unveiled around 39 hours from now and first game unleashed in two weeks -
http://1crlaunch.com

Follow on twitter - https://twitter.com/1CreditOfficial

[DarkStar1O9]

this is insanely overvalued, imho. smells like a pump to me  
Good news is I sold some so I have more funds to spend on hiring a dev if needed.

You mean deeply undervalued (like Mariana Trench deep).
1Credit won't need your money, they have three people working now and just hired a game programmer -
although, the funnest game 1CR is providing, is trading it - three exchanges now. With less than 60,000 coins, 1CR will create loads of volatility on its way up to $1000.00 per coin, then $5000.00 and so on.

1CR is going Stratospheric . . then into the Supernatural Corridors of the Cryptoverse.  

Mystery product shall be unveiled around 39 hours from now and first game unleashed in two weeks -
http://1crlaunch.com

Follow on twitter - https://twitter.com/1CreditOfficial

I agree it's deeply undervalued also supply-wise but not much you can do unless have the funds to buy out the coin.

[Chris Sokolowski]

I'm glad to see 1CR increasing in value on Poloniex.  However, the price is completely artificial because Poloniex has had its deposits and withdrawals for 1CR disabled for a while now.  People are just trading 1CR on paper.  Does anyone know if Poloniex will fix the wallet?

[EGStrategies]

I'm glad to see 1CR increasing in value on Poloniex.  However, the price is completely artificial because Poloniex has had its deposits and withdrawals for 1CR disabled for a while now.  People are just trading 1CR on paper.  Does anyone know if Poloniex will fix the wallet?

I've seen this question asked on the poloniex trollbox and the mod in question at the time (completely forget which) gave a canned response that withdrawals were usually disabled on coins when there was wallet maintainance... to which the person asking the question did not inquire whether that was specifically the case with 1CR.

I have also been watching this and 1CR over the past few weeks and had assumed that the reason withdrawals are disabled could have something to do with the security of actually allowing withdrawals to take place safely as an exchange. 1CR mining has been very rocky for as long as I've been watching it except for a few normal periods where difficulty seemed to be legitimately increasing. This is interspersed with big miners coming in and pushing up the difficulty after solving many blocks quickly... even back at sub 100k market cap.. for reasons unknown but seemingly not driven by transactional profit in any large amount so far. If there are more real miners this will get more expensive to do, although the path to being a sustainable independent scrypt coin (in a litecoin merge mining world) immune from these type of problems is not known to me. I have not done the calculation on the cost of a 51% attack and definitely do not fully understand the implications of one or how easy one is to do, but could poloniex have some concern about their perceived liability if the people doing this were watching the wallet status on poloniex to strike when big withdrawals happened?

Any input from someone who knows the scrypt mining situation would be helpful.

[r.o.o.t]

https://chainz.cryptoid.info/1cr/ .... stuck for 12 hrs

This coin really seems to have too many problems.

[dnaleor]

+60 % seems a bit crazy for a currency that has no devs and neverending inflation to me.

I agree. This is just a pump imho.