[ANN][CRAIG] CraigsCoin | CLASSIFIED ADS ON BLOCKCHAIN 5+ POD BITTREX, CRYPTSY

[rustynailer]

People are selling at 800 sats Why did you buy the ICO? Foolish if you ask me.

Money flowing from alts to btc to fiat atm, seems to be a bear all over.

[CraigsCoin]

Here is their official website. http://blackhalo.info/

Basically, if two people wish to transact between each other, they throw in some collateral into an escrow account. Once the transaction is complete and both parties are satisfied, the original collateral in escrow is returned. If one party cheats they lose their escrow and reputation. Also could you create a reputation system similar to ebay with people's positive or negative feedback?

It could be a simple feature. What if on your website you had a page dedicated to tracking collateral escrow accounts. Let's say person A posts an ad on the block chain. Person B likes it and wants what ever it is. They negotiate and agree to terms. They then go to your website page for escrow and receive a transaction id (deposit address) after proof of a receiver address entered into the website. They both can input agreed upon Craig's into escrow address given. They can then see that escrowed coin locked in the website page blockchain explorer address - as in Person A adds 10 coins and Person B adds 10 coins so the total coin in that account id is 20 coins - they then proceed with the transaction. Escrow can't be returned until a Person A and Person B are happy which would happen by creating a positive/negative feedback system - or something similar.

Let's say person A has a reputation of 5 stars and 100 positive transactions, person B has 5 stars and 200 positive transactions. They trust each other and don't care about the escrow system because of all the positive feedback history. They skip the collateral escrow system.

Problem is - any automated escrow can be easily abused.

1. If I'm buying something I can always play asshole and never confirm that I had received goods I wanted
2. Any rating can be abused by creating fake deals

I feel that only something where human hand and intelligence and analyses applied can work as a rating system. That's why I wish there was as much independent block-chain listing websites dedicated to this as possible.

[baseke]

Some people bought craig just for quick flip to buy another ico. Since the price is not moving and another ico deadline comes. they sold their coins.

[tobeaj2mer01]

Some people bought craig just for quick flip to buy another ico. Since the price is not moving and another ico deadline comes. they sold their coins.

Which ico deadline comes?

[rustynailer]

Here is their official website. http://blackhalo.info/

Basically, if two people wish to transact between each other, they throw in some collateral into an escrow account. Once the transaction is complete and both parties are satisfied, the original collateral in escrow is returned. If one party cheats they lose their escrow and reputation. Also could you create a reputation system similar to ebay with people's positive or negative feedback?

It could be a simple feature. What if on your website you had a page dedicated to tracking collateral escrow accounts. Let's say person A posts an ad on the block chain. Person B likes it and wants what ever it is. They negotiate and agree to terms. They then go to your website page for escrow and receive a transaction id (deposit address) after proof of a receiver address entered into the website. They both can input agreed upon Craig's into escrow address given. They can then see that escrowed coin locked in the website page blockchain explorer address - as in Person A adds 10 coins and Person B adds 10 coins so the total coin in that account id is 20 coins - they then proceed with the transaction. Escrow can't be returned until a Person A and Person B are happy which would happen by creating a positive/negative feedback system - or something similar.

Let's say person A has a reputation of 5 stars and 100 positive transactions, person B has 5 stars and 200 positive transactions. They trust each other and don't care about the escrow system because of all the positive feedback history. They skip the collateral escrow system.

Problem is - any automated escrow can be easily abused.

1. If I'm buying something I can always play asshole and never confirm that I had received goods I wanted
2. Any rating can be abused by creating fake deals

I feel that only something where human hand and intelligence and analyses applied can work as a rating system. That's why I wish there was as much independent block-chain listing websites dedicated to this as possible.

One way to solve this is the funds can be held in escrow until both parties agree, but the buyer pays double the price.   After the goods are delivered, then if they both agree then the coins are split between them.  

If they cant agree they both lose.

[Zebedee23]

Only 3 sells, 0.035 Btcs worth of craig sold in last 3 hours or so, maybe people have learnt!!! All buys!!!

I've noticed that to - what exactly is the point of those repeating 50-coin orders?

To draw the price down. the fill the book with tiny orders then noobs put a sell order under them

[CraigsCoin]

Some people bought craig just for quick flip to buy another ico. Since the price is not moving and another ico deadline comes. they sold their coins.

Which ico deadline comes?

Archcoin, which is a scam according to the Craigscoin dev.

I apologized for this.

[Epimetheus]

Price is diving below 800 if this continues. Crazy No patience left in the game.

I am holding of course. The price is not even close to my sell target which is at least 10k.

[Splatters]

I believe the coin but I avoid to believe too optimistic price,  10k?  I'm not so sure.

[Epimetheus]

I believe the coin but I avoid to believe too optimistic price,  10k?  I'm not so sure.

I am not saying we will hit 10k in a few weeks. I have said this before, it will take a lot longer. If Pavel continues to develop this the price will rise eventually. Good things to come.

[Cointang]

Is there any news I'm not aware of? I guess I have no choice but to hold... Definitely not taking a 50% loss. I ride this down to zero or profit. Hopefully the dev has some aces up his sleeve. May have to buy more to average... No more icos, they're proving to be money pits as of recently 

[God Donut]

holding here too
no reason to sell. This project is very promising and when drug world will stumble upon craigscoin it will replace bitcoin 

[rustynailer]

i'm hodling   

[tobeaj2mer01]

If I sell coin at current price, I will be a damn idiot.

[Epimetheus]

If I sell coin at current price, I will be a damn idiot.

If you will wait till the price will hit 300 you will be clever, isn't?

This coin is going down from day one as you can see.

It has only been 5 days guys Relax. Price will rise in time. Don't worry.

[jasemoney]

easy way to give someone else .2BTC, buy .45btc worth of craig at ico, sell now.  no problem. Enjoy it guys im out!

[SamSpark]

I've bought 1 BTC worth of Craig and I'm holding  

[gavrilo77]

I like this coin. After a few days it is not possible to judge. The time will show only. For now i am holding and watching. Feel sorry for the guys who sold Craigs. All coins which have attention of the FUD-s (cheaters) are good coins.

[Jugger]

wtf this is rediculous

[Jookly]

Basically the people selling needed to either make a profit or get some of their investment back on a very short timeframe.  They would have sold if the price went up, they sell if the price is down.  They just want to invest their bitcoin in something that will be profitable more quickly.  Can't really blame them in that regard.

It is frustrating of course.

Craig coin would have been better off if those people selling now had never invested in the first place.

I'm going to keep holding. 

I'll be ok if I lose my investment and I would rather do that than give my coins to these jackasses for less than I bought them for. 

The Dev is the big winner here so far.   I could maintain my lifestyle for years off what he received in this IPO.