[ANN] [HZ] HertzCoin | X13 POW/POS | Launched! on C-Cex!

[HertzCoin]

The only way this will work is if the coins are already tied to a number of frequency that are for sale. So if anyone who is reading this owns some RF frequencies you could really make a killing if you'd sell frequency bands with this coin, but if there are no frequencies to back the coin...DOA.

The interesting thing about spectrum secondary market is there are always some frequencies for sale. And put aside big frequencies like GSM - they are way too expensive. However there is a huge market under this and sellers/buyers act very much like you act trading crypto. For a big frequency exchange example in USA you may check spectrum bridge - but there is nothing similar easy to pick up in Europe. Ofc there are some legislative constrains but they are easy to overcome when you know what papers print and what bureaucracy to follow while dealing with spectrum.

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[HertzCoin]

You obviously do not know much about RF spectrum, this coin is a flop.
I work in the industry and when spectrum becomes available, it is auctioned to the highest bidder.

Hmm If you work in the industry than how come you don`t know about spectrum secondary market?

[xtent]

You obviously do not know much about RF spectrum, this coin is a flop.
I work in the industry and when spectrum becomes available, it is auctioned to the highest bidder.

Hmm If you work in the industry than how come you don`t know about spectrum secondary market?

Hmm so all you are talking about is private commons, correct?
Please tell me who will lease or sale the use of a piece of spectrum for a new and unproven coin.

P.S. Prove me wrong and I will buy you a drink in Qatar, that is if you are really part of ITU.

[Bonn3rs]

The only way this will work is if the coins are already tied to a number of frequency that are for sale. So if anyone who is reading this owns some RF frequencies you could really make a killing if you'd sell frequency bands with this coin, but if there are no frequencies to back the coin...DOA.

The interesting thing about spectrum secondary market is there are always some frequencies for sale. And put aside big frequencies like GSM - they are way too expensive. However there is a huge market under this and sellers/buyers act very much like you act trading crypto. For a big frequency exchange example in USA you may check spectrum bridge - but there is nothing similar easy to pick up in Europe. Ofc there are some legislative constrains but they are easy to overcome when you know what papers print and what bureaucracy to follow while dealing with spectrum.

Yes but why would anyone suddenly switch to using your coin to sell their spectrum when they could just get real cash straight away? You've already identified a market where I can do exactly that. How are you going to use this coin alongside any contracts that may be required in licensing certain frequencies? If i just buy 13.2Ghz off someone, what's to say they own it and what's to say it's even legal for them to sell it on? If you'd released this coin alongside a working market place for such a transaction, you might have produced a respectable coin.

[dragonmike]

The only way this will work is if the coins are already tied to a number of frequency that are for sale. So if anyone who is reading this owns some RF frequencies you could really make a killing if you'd sell frequency bands with this coin, but if there are no frequencies to back the coin...DOA.

The interesting thing about spectrum secondary market is there are always some frequencies for sale. And put aside big frequencies like GSM - they are way too expensive. However there is a huge market under this and sellers/buyers act very much like you act trading crypto. For a big frequency exchange example in USA you may check spectrum bridge - but there is nothing similar easy to pick up in Europe. Ofc there are some legislative constrains but they are easy to overcome when you know what papers print and what bureaucracy to follow while dealing with spectrum.

Yes but why would anyone suddenly switch to using your coin to sell their spectrum when they could just get real cash straight away?

This is a problem that isn't specific to this coin but for all of crypto. This is the reason BTC price doesn't move when DELL announces it accepts it as payment currency. Why pay with BTC, Hertz or fukcing Zebra if you can pay with your credit card and get airmiles in the process?

[HertzCoin]

You obviously do not know much about RF spectrum, this coin is a flop.
I work in the industry and when spectrum becomes available, it is auctioned to the highest bidder.

Hmm If you work in the industry than how come you don`t know about spectrum secondary market?

Hmm so all you are talking about is private commons, correct?
Please tell me who will lease or sale the use of a piece of spectrum for a new and unproven coin.

P.S. Prove me wrong and I will buy you a drink in Qatar, that is if you are really part of ITU.

Pff easy. Nobody will buy buy spectrum for unproven coin that's right. But every small to medium buyer will trade spectrum if the trading service will effectively eliminate paperwork and legislation problems. Secondary spectrum trades are very appealing, but it is hard to estimate spectrum cost, because it varies vastly depending on band/technology/area - so why do not offer smaller deals unified currency to participate in smaller exchanges using service similar to current crypto exchange but for spectrum? Basically rights for spectrum will truly belong to a single company (exchange), others will make trades, untill at some point they will decide to use this part of the spectrum. At this point exchange simply does paperwork and legislate this spectrum. Basically it works like "cold wallet" for spectrum, where you may either speculate on the spectrum market price or simply buy your desired part of the spectrum and use it. Ofc it will work differently based on the territory and local regulations, but most of the Europe for example have pretty similar regulatory rules for secondary spectrum trades and it is vastly allowed. How to persuade people to participate in such a deal? That`s a whole different story. First of all we need to establish service that actually allows it to be done. Then we need to maintain few deals - no matter how small they will be - if it will be visible - me and my team can force coverage of the precedent from within ITU.

[HertzCoin]

The only way this will work is if the coins are already tied to a number of frequency that are for sale. So if anyone who is reading this owns some RF frequencies you could really make a killing if you'd sell frequency bands with this coin, but if there are no frequencies to back the coin...DOA.

The interesting thing about spectrum secondary market is there are always some frequencies for sale. And put aside big frequencies like GSM - they are way too expensive. However there is a huge market under this and sellers/buyers act very much like you act trading crypto. For a big frequency exchange example in USA you may check spectrum bridge - but there is nothing similar easy to pick up in Europe. Ofc there are some legislative constrains but they are easy to overcome when you know what papers print and what bureaucracy to follow while dealing with spectrum.

Yes but why would anyone suddenly switch to using your coin to sell their spectrum when they could just get real cash straight away? You've already identified a market where I can do exactly that. How are you going to use this coin alongside any contracts that may be required in licensing certain frequencies? If i just buy 13.2Ghz off someone, what's to say they own it and what's to say it's even legal for them to sell it on? If you'd released this coin alongside a working market place for such a transaction, you might have produced a respectable coin.

Because when dealing with cash - you have no room for maneuver. Every sale with cash will be buried in tons of paperwork and legislative problems. Using single hub and working under financial regulations but within RF framework will not break any laws, and will be appealing to those who is not willing to pay a fortune just to seal the deal. The interim agent that will gather all allocation until "withdrawal" point will make it happen. Also it is in no way shady - everything is legal - just simplified via "currency" that do not put special obligations on counterparts just to make single transaction.

[Bonn3rs]

The only way this will work is if the coins are already tied to a number of frequency that are for sale. So if anyone who is reading this owns some RF frequencies you could really make a killing if you'd sell frequency bands with this coin, but if there are no frequencies to back the coin...DOA.

The interesting thing about spectrum secondary market is there are always some frequencies for sale. And put aside big frequencies like GSM - they are way too expensive. However there is a huge market under this and sellers/buyers act very much like you act trading crypto. For a big frequency exchange example in USA you may check spectrum bridge - but there is nothing similar easy to pick up in Europe. Ofc there are some legislative constrains but they are easy to overcome when you know what papers print and what bureaucracy to follow while dealing with spectrum.

Yes but why would anyone suddenly switch to using your coin to sell their spectrum when they could just get real cash straight away? You've already identified a market where I can do exactly that. How are you going to use this coin alongside any contracts that may be required in licensing certain frequencies? If i just buy 13.2Ghz off someone, what's to say they own it and what's to say it's even legal for them to sell it on? If you'd released this coin alongside a working market place for such a transaction, you might have produced a respectable coin.

Because when dealing with cash - you have no room for maneuver. Every sale with cash will be buried in tons of paperwork and legislative problems. Using single hub and working under financial regulations but within RF framework will not break any laws, and will be appealing to those who is not willing to pay a fortune just to seal the deal. The interim agent that will gather all allocation until "withdrawal" point will make it happen. Also it is in no way shady - everything is legal - just simplified via "currency" that do not put special obligations on counterparts just to make single transaction.

You don't have any room for manoeuvre with a crypto trade either. No one is going to sell you a section of spectrum for the equivalent of $5 and you can't get round the paperwork. The price is what it is due to current demand.

[HertzCoin]

The only way this will work is if the coins are already tied to a number of frequency that are for sale. So if anyone who is reading this owns some RF frequencies you could really make a killing if you'd sell frequency bands with this coin, but if there are no frequencies to back the coin...DOA.

The interesting thing about spectrum secondary market is there are always some frequencies for sale. And put aside big frequencies like GSM - they are way too expensive. However there is a huge market under this and sellers/buyers act very much like you act trading crypto. For a big frequency exchange example in USA you may check spectrum bridge - but there is nothing similar easy to pick up in Europe. Ofc there are some legislative constrains but they are easy to overcome when you know what papers print and what bureaucracy to follow while dealing with spectrum.

Yes but why would anyone suddenly switch to using your coin to sell their spectrum when they could just get real cash straight away? You've already identified a market where I can do exactly that. How are you going to use this coin alongside any contracts that may be required in licensing certain frequencies? If i just buy 13.2Ghz off someone, what's to say they own it and what's to say it's even legal for them to sell it on? If you'd released this coin alongside a working market place for such a transaction, you might have produced a respectable coin.

Because when dealing with cash - you have no room for maneuver. Every sale with cash will be buried in tons of paperwork and legislative problems. Using single hub and working under financial regulations but within RF framework will not break any laws, and will be appealing to those who is not willing to pay a fortune just to seal the deal. The interim agent that will gather all allocation until "withdrawal" point will make it happen. Also it is in no way shady - everything is legal - just simplified via "currency" that do not put special obligations on counterparts just to make single transaction.

You don't have any room for manoeuvre with a crypto trade either. No one is going to sell you a section of spectrum for the equivalent of $5 and you can't get round the paperwork. The price is what it is due to current demand.

Why is that? Do you familiar with current paperwork that wraps any fiat deal (no matter if you buying bread or house)? More than that even more paperwork wraps every spectrum assignment. No Assume that company A want to buy spectrum in region X and company B wants to sell it. They use company C as a middle agent. Company B submits spectrum rights for the C and this allows then to place sell order. Company A sees that sell order and buys it out. 2 reasons why it cant be done directly:
1. There is no unified place where it can be done.
2. Both A and B have no slightest idea how spectrum licensing works (we are speaking of fairly small companies, that for example need to bring up radio relay line or proprietary high-power wi-fi network)
Now they have to pay 500$/hour to lawyers who pay 300$/hour to other consultants to make any deal possible. With crypto it is possible to just leave C as a mediator, who will hold assignments that are for sale until "withdraw" order is in place - at that point for smallest fee all paperwork will be done in a matter of minutes. Also dont forget that when you buy anything for fiat it is huge pain in the ass, because of agreements, acceptance etc. It is way harder to put an agreement for buying 1Hz than and agreement to buy 1Coin, and legally speaking spectrum assignments will be distributed for "free" - all payments will be done via coins.

[SalimNagamato]

i still didn't get bounty

[HertzCoin]

i still didn't get bounty

Hm it seems your blockexplorer still having troubles right now. Please fix it first

[invisiblem11]

bittrex?

[Bonn3rs]

The only way this will work is if the coins are already tied to a number of frequency that are for sale. So if anyone who is reading this owns some RF frequencies you could really make a killing if you'd sell frequency bands with this coin, but if there are no frequencies to back the coin...DOA.

The interesting thing about spectrum secondary market is there are always some frequencies for sale. And put aside big frequencies like GSM - they are way too expensive. However there is a huge market under this and sellers/buyers act very much like you act trading crypto. For a big frequency exchange example in USA you may check spectrum bridge - but there is nothing similar easy to pick up in Europe. Ofc there are some legislative constrains but they are easy to overcome when you know what papers print and what bureaucracy to follow while dealing with spectrum.

Yes but why would anyone suddenly switch to using your coin to sell their spectrum when they could just get real cash straight away? You've already identified a market where I can do exactly that. How are you going to use this coin alongside any contracts that may be required in licensing certain frequencies? If i just buy 13.2Ghz off someone, what's to say they own it and what's to say it's even legal for them to sell it on? If you'd released this coin alongside a working market place for such a transaction, you might have produced a respectable coin.

Because when dealing with cash - you have no room for maneuver. Every sale with cash will be buried in tons of paperwork and legislative problems. Using single hub and working under financial regulations but within RF framework will not break any laws, and will be appealing to those who is not willing to pay a fortune just to seal the deal. The interim agent that will gather all allocation until "withdrawal" point will make it happen. Also it is in no way shady - everything is legal - just simplified via "currency" that do not put special obligations on counterparts just to make single transaction.

You don't have any room for manoeuvre with a crypto trade either. No one is going to sell you a section of spectrum for the equivalent of $5 and you can't get round the paperwork. The price is what it is due to current demand.

Why is that? Do you familiar with current paperwork that wraps any fiat deal (no matter if you buying bread or house)? More than that even more paperwork wraps every spectrum assignment. No Assume that company A want to buy spectrum in region X and company B wants to sell it. They use company C as a middle agent. Company B submits spectrum rights for the C and this allows then to place sell order. Company A sees that sell order and buys it out. 2 reasons why it cant be done directly:
1. There is no unified place where it can be done.
2. Both A and B have no slightest idea how spectrum licensing works (we are speaking of fairly small companies, that for example need to bring up radio relay line or proprietary high-power wi-fi network)
Now they have to pay 500$/hour to lawyers who pay 300$/hour to other consultants to make any deal possible. With crypto it is possible to just leave C as a mediator, who will hold assignments that are for sale until "withdraw" order is in place - at that point for smallest fee all paperwork will be done in a matter of minutes. Also dont forget that when you buy anything for fiat it is huge pain in the ass, because of agreements, acceptance etc. It is way harder to put an agreement for buying 1Hz than and agreement to buy 1Coin, and legally speaking spectrum assignments will be distributed for "free" - all payments will be done via coins.

You said yourself that a lot of the control is done by governments. You will never be able to get around this problem as they own all spectrum bandwidths that become available. The paperwork is there for a reason- if you can provide a marketplace for such a deal with your coin to make this paperwork easier, then you have a useful coin as people will use your platform to make the trade. Is this something you would consider developing?

[WarrenRj]

Any possible pools up and coming dev?

[HertzCoin]

The only way this will work is if the coins are already tied to a number of frequency that are for sale. So if anyone who is reading this owns some RF frequencies you could really make a killing if you'd sell frequency bands with this coin, but if there are no frequencies to back the coin...DOA.

The interesting thing about spectrum secondary market is there are always some frequencies for sale. And put aside big frequencies like GSM - they are way too expensive. However there is a huge market under this and sellers/buyers act very much like you act trading crypto. For a big frequency exchange example in USA you may check spectrum bridge - but there is nothing similar easy to pick up in Europe. Ofc there are some legislative constrains but they are easy to overcome when you know what papers print and what bureaucracy to follow while dealing with spectrum.

Yes but why would anyone suddenly switch to using your coin to sell their spectrum when they could just get real cash straight away? You've already identified a market where I can do exactly that. How are you going to use this coin alongside any contracts that may be required in licensing certain frequencies? If i just buy 13.2Ghz off someone, what's to say they own it and what's to say it's even legal for them to sell it on? If you'd released this coin alongside a working market place for such a transaction, you might have produced a respectable coin.

Because when dealing with cash - you have no room for maneuver. Every sale with cash will be buried in tons of paperwork and legislative problems. Using single hub and working under financial regulations but within RF framework will not break any laws, and will be appealing to those who is not willing to pay a fortune just to seal the deal. The interim agent that will gather all allocation until "withdrawal" point will make it happen. Also it is in no way shady - everything is legal - just simplified via "currency" that do not put special obligations on counterparts just to make single transaction.

You don't have any room for manoeuvre with a crypto trade either. No one is going to sell you a section of spectrum for the equivalent of $5 and you can't get round the paperwork. The price is what it is due to current demand.

Why is that? Do you familiar with current paperwork that wraps any fiat deal (no matter if you buying bread or house)? More than that even more paperwork wraps every spectrum assignment. No Assume that company A want to buy spectrum in region X and company B wants to sell it. They use company C as a middle agent. Company B submits spectrum rights for the C and this allows then to place sell order. Company A sees that sell order and buys it out. 2 reasons why it cant be done directly:
1. There is no unified place where it can be done.
2. Both A and B have no slightest idea how spectrum licensing works (we are speaking of fairly small companies, that for example need to bring up radio relay line or proprietary high-power wi-fi network)
Now they have to pay 500$/hour to lawyers who pay 300$/hour to other consultants to make any deal possible. With crypto it is possible to just leave C as a mediator, who will hold assignments that are for sale until "withdraw" order is in place - at that point for smallest fee all paperwork will be done in a matter of minutes. Also dont forget that when you buy anything for fiat it is huge pain in the ass, because of agreements, acceptance etc. It is way harder to put an agreement for buying 1Hz than and agreement to buy 1Coin, and legally speaking spectrum assignments will be distributed for "free" - all payments will be done via coins.

You said yourself that a lot of the control is done by governments. You will never be able to get around this problem as they own all spectrum bandwidths that become available. The paperwork is there for a reason- if you can provide a marketplace for such a deal with your coin to make this paperwork easier, then you have a useful coin as people will use your platform to make the trade. Is this something you would consider developing?

That is pretty much what we are working on right now - the platform for trading.

[SalimNagamato]

i still didn't get bounty

Hm it seems your blockexplorer still having troubles right now. Please fix it first

i swithed to mysql
maybe it will work better now
can also add fastcgi

[murders10]

ِAwesome Design 

http://hertzcoin.de/

[dragonmike]

ِAwesome Design  

http://hertzcoin.de/

I concur! 
You actually did put some work into this...

[stev.racky2]

What about the exchange?

[ICO Dude]

What about the exchange?

I'd wait for Bittrex