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Author Topic: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh)  (Read 432293 times)
solarcoiner
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June 06, 2016, 09:49:13 AM
 #3841

Quote from: CryptoNick
SolarCoin is not tied to a commodity, the Claimers own their Solar and use the power they generate. The way it is expressed is that it is a Flight Mile scenario. So this was the problem I brought up initially like which came first the Chicken or the Egg. If everyone were to take their money to buy Solar and claim who would buy the SolarCoin the Claimers wish to sell? People getting rid of their BitCoin is the only option that I can see but why wouldn't these same people sell their BitCoin and buy Solar?
Claimers own their own PV system but they don't necessarily use the power they generate, you're forgetting any export to the grid.

If everyone were to invest in solar that would be a good thing. It doesn't matter if they use Bitcoin, SLR, USD or livestock to purchase a PV system. The whole point of SLR is to help incentivise people into buying into solar generation in the first place by rewarding the generators with something else they can potentially use in exchange for services, goods or trade. This is on top of other government incentives like renewable energy certificates that are already traded and openly purchased by power companies so they can meet government renewable energy targets.

People will place their own value on SLR regardless of current exchange price. Once the exchange price meets (or exceeds) their value they will sell or buy, depending on their intentions - this is no different to any market. People will buy into SLR if they deem it the better option than purchasing a PV system, so I don't know why you always try to make the point that no-one will simply buy SLR on the exchanges.

The problem I see with SLR presently is it's such a closed environment with small amounts of people owning large amounts of coin. The sooner more volume of SLR is spread between more holders the better.

How does exporting energy to the grid imply a commodity for people to participate in? The power company and the individual are the participants and that is not a marketable item in either direction, you can buy stock in the Utility though. The public utility controls everyone involved. It is like you are saying every home owner with orange trees is now a part of the Frozen Concentrated Orange Juice Commodity yet they drink their own Juice and don't even freeze it, but they stare at their trees every day so they concentrated it. If homeowners freeze and sell their oranges they compete with the FOJC and have no bearing in the market but could still affect the market more than what Solar Coin can in any way shape or form. This is why it is a flight mile incentive and worth what people will pay for it. Not a commodity but a stock since it slides up and down the market based on nothing but pure speculation. Like I said 1 satoshi per SLR would make the coin stable and still have an 8 Billion dollar market cap. Considering there is not much to buy 8 Billion is way over the top! They could also dole out the 20 years in 1 payment at 1 satoshi and get the coin rolling.

So I agree with you on the Small amount of people holding all the coin. I had proposed ideas to no avail. It is too bad that the blockchain could not be restarted at zero and have claimers own the only coin. Then people buy the coin to own some or claim their solar and keep it to use or sell it. Then SLR can be somewhat rare depending on claims and has a purpose, mostly for the intended purpose of incentivizing solar. That is why I say roll in the 33 Mil coin at current market cap so no one loses money and then allow the claimers to jump ahead of the pack.

I am stating that ideally if you use your money to buy Solar you don't have any to buy SLR with. If you use your Bitcoin to buy Solar you don't have any to buy SLR with. It is not that no one will buy SLR on the exchanges, this will happen regardless. So the catch 22 comes down to this very simply. By claiming solar you won't have that much SLR to buy things with. Do claimers then think to themselves... I have this claim of 5 coins and I would like to buy something with their Solar Coin. What can I buy with 5 Coins? Not much, so I will sell to BitCoin and then sell to Fiat. Or would you think they would say to themselves... I will go buy Bitcoin and then Buy SLR and then go buy what I need or wait until what I need is sold in SLR? They could just go buy what they need in Fiat right now. So most likely the SLR will be sold off and not come back in as Bitcoin. If everyone moves over from BitCoin to only have SolarCoin then great swap them out and this is the only scenario that works ideally. But people will get stuck in SolarCoin when those who hold Bitcoin manipulate the market up to 10,000 a coin. Everyone left to solarcoin but now have to sell SolarCoin to Bitcoin just to be liquid. Pretty crazy huh.

It's a catch 22. So you can only hope that people who hold Bitcoin just want to switch over to SolarCoin. This is the only viable scenario, but SolarCoin is tied to BitCoin always in order to stay liquid. The 33 Million will profit since they do nothing and cost them near to nothing. Everyone else can pay what they think it is worth and get stuck in manipulated markets forcing them to take losses since you can not compete with the PoW coin at any pace. People who understand markets can Hedge their positions but it just means more money out of pocket just to stabilize their positions while PoW coin and Claim coin rains down on their heads. Where the median price is will be the big question and we won't really know until all the 33 Million are disbursed. You can't truly know when since they can buy and sell to themselves and pounce on your positions.

They cant buy and sell to themselves forever. At some point the market will get too big or they will run out bitcoins to play with Wink
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June 06, 2016, 10:19:32 AM
 #3842

Quote from: CryptoNick
SolarCoin is not tied to a commodity, the Claimers own their Solar and use the power they generate. The way it is expressed is that it is a Flight Mile scenario. So this was the problem I brought up initially like which came first the Chicken or the Egg. If everyone were to take their money to buy Solar and claim who would buy the SolarCoin the Claimers wish to sell? People getting rid of their BitCoin is the only option that I can see but why wouldn't these same people sell their BitCoin and buy Solar?
Claimers own their own PV system but they don't necessarily use the power they generate, you're forgetting any export to the grid.

If everyone were to invest in solar that would be a good thing. It doesn't matter if they use Bitcoin, SLR, USD or livestock to purchase a PV system. The whole point of SLR is to help incentivise people into buying into solar generation in the first place by rewarding the generators with something else they can potentially use in exchange for services, goods or trade. This is on top of other government incentives like renewable energy certificates that are already traded and openly purchased by power companies so they can meet government renewable energy targets.

People will place their own value on SLR regardless of current exchange price. Once the exchange price meets (or exceeds) their value they will sell or buy, depending on their intentions - this is no different to any market. People will buy into SLR if they deem it the better option than purchasing a PV system, so I don't know why you always try to make the point that no-one will simply buy SLR on the exchanges.

The problem I see with SLR presently is it's such a closed environment with small amounts of people owning large amounts of coin. The sooner more volume of SLR is spread between more holders the better.

How does exporting energy to the grid imply a commodity for people to participate in? The power company and the individual are the participants and that is not a marketable item in either direction, you can buy stock in the Utility though. The public utility controls everyone involved. It is like you are saying every home owner with orange trees is now a part of the Frozen Concentrated Orange Juice Commodity yet they drink their own Juice and don't even freeze it, but they stare at their trees every day so they concentrated it. If homeowners freeze and sell their oranges they compete with the FOJC and have no bearing in the market but could still affect the market more than what Solar Coin can in any way shape or form. This is why it is a flight mile incentive and worth what people will pay for it. Not a commodity but a stock since it slides up and down the market based on nothing but pure speculation. Like I said 1 satoshi per SLR would make the coin stable and still have an 8 Billion dollar market cap. Considering there is not much to buy 8 Billion is way over the top! They could also dole out the 20 years in 1 payment at 1 satoshi and get the coin rolling.

So I agree with you on the Small amount of people holding all the coin. I had proposed ideas to no avail. It is too bad that the blockchain could not be restarted at zero and have claimers own the only coin. Then people buy the coin to own some or claim their solar and keep it to use or sell it. Then SLR can be somewhat rare depending on claims and has a purpose, mostly for the intended purpose of incentivizing solar. That is why I say roll in the 33 Mil coin at current market cap so no one loses money and then allow the claimers to jump ahead of the pack.

I am stating that ideally if you use your money to buy Solar you don't have any to buy SLR with. If you use your Bitcoin to buy Solar you don't have any to buy SLR with. It is not that no one will buy SLR on the exchanges, this will happen regardless. So the catch 22 comes down to this very simply. By claiming solar you won't have that much SLR to buy things with. Do claimers then think to themselves... I have this claim of 5 coins and I would like to buy something with their Solar Coin. What can I buy with 5 Coins? Not much, so I will sell to BitCoin and then sell to Fiat. Or would you think they would say to themselves... I will go buy Bitcoin and then Buy SLR and then go buy what I need or wait until what I need is sold in SLR? They could just go buy what they need in Fiat right now. So most likely the SLR will be sold off and not come back in as Bitcoin. If everyone moves over from BitCoin to only have SolarCoin then great swap them out and this is the only scenario that works ideally. But people will get stuck in SolarCoin when those who hold Bitcoin manipulate the market up to 10,000 a coin. Everyone left to solarcoin but now have to sell SolarCoin to Bitcoin just to be liquid. Pretty crazy huh.

It's a catch 22. So you can only hope that people who hold Bitcoin just want to switch over to SolarCoin. This is the only viable scenario, but SolarCoin is tied to BitCoin always in order to stay liquid. The 33 Million will profit since they do nothing and cost them near to nothing. Everyone else can pay what they think it is worth and get stuck in manipulated markets forcing them to take losses since you can not compete with the PoW coin at any pace. People who understand markets can Hedge their positions but it just means more money out of pocket just to stabilize their positions while PoW coin and Claim coin rains down on their heads. Where the median price is will be the big question and we won't really know until all the 33 Million are disbursed. You can't truly know when since they can buy and sell to themselves and pounce on your positions.

They cant buy and sell to themselves forever. At some point the market will get too big or they will run out bitcoins to play with Wink

Not forever, but 20 years maybe Smiley Seeing the involvement of Luke and company's project makes me hope it works out besides my points, and really hope people switch over and change out their BitCoin in hopes that one day SolarCoin can be the Fiat pairing. This is the only way to get off the back of that Flatbed of the BiTow Truck spewing black smoke into the air doing 100MPH on the freeway.

I was in line at the grocery store waiting for someone who didn't have enough money to pay their bill. I opened my wallet and saw a ripped $20 bill and asked how much they needed to cover and they said $20. The worthless paper seemed even more worthless but I cashed out a bunch of BitCoin to get the $20 so I just gave it to them and said pay it forward sometime. Is it just me or does $100 seem like $10 and $20 seems like $2. I feel the vacuum of the economy swallowing us all up...
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June 06, 2016, 11:50:42 AM
 #3843

Btw soon I will become a Full Member here on bitcointalk (I could become a Hero by now considering that my registration is from late 2013 lol Grin) and that will give me the opportunity to put an avatar on my profile - I was looking at that Solarcoin logo and I will put it for sure, once I have the option to do so and that gave me a thought - what do you guys think about some signature campaign for Solarcoin? I know that most of the people who use them are mostly talking all kind of crap to max out their payment by the end of the month, but maybe with some sort of signature campaign we can get more people in the community and the distribution of the coin? This is just a thought tho - I don't know if it's a good or a bad idea... So what do you guys think?

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June 06, 2016, 12:56:29 PM
 #3844

+1 lfloorwalker.  I really appreciate all of the hard work you guys have been doing for this project.  This Coin has braved the weather over the years and I think people are really starting to see it's value.

§: 8Q7zvaH955cCbqu2nCvpPcTvczGfe9psxE
§1 = 1MWh
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June 06, 2016, 01:01:57 PM
 #3845

lfloorwalker Thanks for sharing!

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June 06, 2016, 01:22:50 PM
 #3846

Btw soon I will become a Full Member here on bitcointalk (I could become a Hero by now considering that my registration is from late 2013 lol Grin) and that will give me the opportunity to put an avatar on my profile - I was looking at that Solarcoin logo and I will put it for sure, once I have the option to do so and that gave me a thought - what do you guys think about some signature campaign? I know that most of the people who use them are mostly talking all kind of crap to max out their payment by the end of the month, but maybe with some sort of signature campaign we can get more people in the community and the distribution of the coin? This is just a thought tho - I don't know if it's a good or a bad idea... So what do you guys think?

I just set mine!

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June 07, 2016, 01:05:40 AM
 #3847

Imagine Elon Musk ( creator of Paypal, Spacex, Tesla Motors and founder of Solarcity ) finds out about Solarcoin  Wink  

Lol I was thinking about that ~2 months ago or something, when they landed the Falcon 9 rocket back to the earth successfully  Grin Actually I think that at some point the Solarcoin Foundation must try to speak to him in some way and get his interest - if he manage to invest in the coin it will be huge  Shocked Imagine all the people he knows and the connections he has - even a tweet from him saying something positive about Solarcoin will get many people interested  Cheesy

A conversation with him about the constructual law of the universe and energy minimum principle in an open system panarchy- open high load node system vs. centralized high load system would be great I think. SolarCoin is following low-load open system at the moment but needs to get more nodes and become more robust and popular to transition to a high-load system. Also his opinion on where to influence automation backup parameters and anti-fragile in this future scenario would be helpful too.
Apparently we are all in a simulation also.  http://motherboard.vice.com/read/elon-musk-simulated-universe-hypothesis
 

|Solcrypto|ElectriCChain| SLR Tips: 8Hocu8s8u8FFAyh5ev2qsNmLZYgeiVToHi
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June 07, 2016, 01:12:54 AM
 #3848

Imagine Elon Musk ( creator of Paypal, Spacex, Tesla Motors and founder of Solarcity ) finds out about Solarcoin  Wink  

Lol I was thinking about that ~2 months ago or something, when they landed the Falcon 9 rocket back to the earth successfully  Grin Actually I think that at some point the Solarcoin Foundation must try to speak to him in some way and get his interest - if he manage to invest in the coin it will be huge  Shocked Imagine all the people he knows and the connections he has - even a tweet from him saying something positive about Solarcoin will get many people interested  Cheesy

A conversation with him about the constructual law of the universe and energy minimum principle in an open system panarchy- open high load node system vs. centralized high load system would be great I think. SolarCoin is following low-load open system at the moment but needs to get more nodes and become more robust and popular to transition to a high-load system. Also his opinion on where to influence automation backup parameters and anti-fragile in this future scenario would be helpful too.
Apparently we are all in a simulation also.  http://motherboard.vice.com/read/elon-musk-simulated-universe-hypothesis
 

Good blog if you're interested in this area. Even though Earth is an open-system panarchy, there are finite resources (on planet) and that drives flow through the system for faster flows in animate and inanimate objects.
https://constructal.org/page/2/

|Solcrypto|ElectriCChain| SLR Tips: 8Hocu8s8u8FFAyh5ev2qsNmLZYgeiVToHi
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June 07, 2016, 02:22:22 AM
 #3849

Imagine Elon Musk ( creator of Paypal, Spacex, Tesla Motors and founder of Solarcity ) finds out about Solarcoin  Wink  

Lol I was thinking about that ~2 months ago or something, when they landed the Falcon 9 rocket back to the earth successfully  Grin Actually I think that at some point the Solarcoin Foundation must try to speak to him in some way and get his interest - if he manage to invest in the coin it will be huge  Shocked Imagine all the people he knows and the connections he has - even a tweet from him saying something positive about Solarcoin will get many people interested  Cheesy

A conversation with him about the constructual law of the universe and energy minimum principle in an open system panarchy- open high load node system vs. centralized high load system would be great I think. SolarCoin is following low-load open system at the moment but needs to get more nodes and become more robust and popular to transition to a high-load system. Also his opinion on where to influence automation backup parameters and anti-fragile in this future scenario would be helpful too.
Apparently we are all in a simulation also.  http://motherboard.vice.com/read/elon-musk-simulated-universe-hypothesis
 

Good blog if you're interested in this area. Even though Earth is an open-system panarchy, there are finite resources (on planet) and that drives flow through the system for faster flows in animate and inanimate objects.
https://constructal.org/page/2/

Big point for Luke. He get flows/ panarchy and Phi(m) Smiley  just FYI the first academic citation for my economics book The Nature of Value, was Eric J. Chaisson astrophysicist who discovered  the Phi(M) principle of evolution which scales from cosmos to Economy and beyond. Smiley   The foundation thinks deeply....

Solarcoin (§ SLR) are like airmiles. Each 1 Mhw generated gets you §1 free. Solarcoins can purchase what others will trade: USD,BTC, Soy candles..etc.
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June 07, 2016, 02:23:45 AM
 #3850

Here is what went down in Belgium last week.  http://www.mo.be/nieuws/betrouwbaar-geld-voor-zonne-energie


Solarcoin (§ SLR) are like airmiles. Each 1 Mhw generated gets you §1 free. Solarcoins can purchase what others will trade: USD,BTC, Soy candles..etc.
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June 07, 2016, 02:41:05 AM
 #3851

SolarAngels program now live: http://solarangels.solarchange.co/#/

Solarcoin (§ SLR) are like airmiles. Each 1 Mhw generated gets you §1 free. Solarcoins can purchase what others will trade: USD,BTC, Soy candles..etc.
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June 07, 2016, 06:54:52 AM
 #3852

Imagine Elon Musk ( creator of Paypal, Spacex, Tesla Motors and founder of Solarcity ) finds out about Solarcoin  Wink  

Lol I was thinking about that ~2 months ago or something, when they landed the Falcon 9 rocket back to the earth successfully  Grin Actually I think that at some point the Solarcoin Foundation must try to speak to him in some way and get his interest - if he manage to invest in the coin it will be huge  Shocked Imagine all the people he knows and the connections he has - even a tweet from him saying something positive about Solarcoin will get many people interested  Cheesy

A conversation with him about the constructual law of the universe and energy minimum principle in an open system panarchy- open high load node system vs. centralized high load system would be great I think. SolarCoin is following low-load open system at the moment but needs to get more nodes and become more robust and popular to transition to a high-load system. Also his opinion on where to influence automation backup parameters and anti-fragile in this future scenario would be helpful too.
Apparently we are all in a simulation also.  http://motherboard.vice.com/read/elon-musk-simulated-universe-hypothesis
 

Good blog if you're interested in this area. Even though Earth is an open-system panarchy, there are finite resources (on planet) and that drives flow through the system for faster flows in animate and inanimate objects.
https://constructal.org/page/2/

Big point for Luke. He get flows/ panarchy and Phi(m) Smiley  just FYI the first academic citation for my economics book The Nature of Value, was Eric J. Chaisson astrophysicist who discovered  the Phi(M) principle of evolution which scales from cosmos to Economy and beyond. Smiley   The foundation thinks deeply....

Thanks Nick, once you learn about flows/ panarchy and Phi(m) you tend to analyze the world very differently and a lot of things make more sense from an evolutionary perspective. SolarCoin has a lot of strong points in this new paradigm or evolutionary step.
Cheers

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June 07, 2016, 12:34:12 PM
 #3853

Hi there all,

There seems to be something wrong with solar coin.When i start up the latest client, it starts syncing the blockchain as normal but when i send some coins to an exchange address, this is what happens: the coins reflect as broadcast through 4 sometimes more nodes in my wallet.But when i lookup the destination address in the online blockexplorer at cryptochain a few days later it still does not show there and also not in my exchange account. This could only mean that the transaction is not getting confirmed. But what is happening here? What is the fix for this problem.My wallet was created when solar first arrived on the scene, and I just imported it into the new client.


Thanks to all for the feedback

BUILD CRYPTO BUILD FREEDOM BUILD JOY
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June 07, 2016, 12:54:57 PM
 #3854

Hi there all,

There seems to be something wrong with solar coin.When i start up the latest client, it starts syncing the blockchain as normal but when i send some coins to an exchange address, this is what happens: the coins reflect as broadcast through 4 sometimes more nodes in my wallet.But when i lookup the destination address in the online blockexplorer at cryptochain a few days later it still does not show there and also not in my exchange account. This could only mean that the transaction is not getting confirmed. But what is happening here? What is the fix for this problem.My wallet was created when solar first arrived on the scene, and I just imported it into the new client.


Thanks to all for the feedback

After importing into the new client, did you also re-scan the wallet? It's an important necessary step. You can do so now and then check your latest transactions and balance. Please let us know. Thanks!
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June 08, 2016, 12:11:21 AM
 #3855

Has anyone loaded the solarcoin wallet on Raspberry PI?

§: 8Q7zvaH955cCbqu2nCvpPcTvczGfe9psxE
§1 = 1MWh
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June 08, 2016, 05:59:57 AM
 #3856

Has anyone loaded the solarcoin wallet on Raspberry PI?

The only ARM wallet right now is Luke's Bitseed node. Give it time though.

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June 08, 2016, 11:58:11 AM
 #3857

Lumo Press release on solarcoin and electricchain:  http://solarcoin.org/en/lumo-joins-the-electricchain-solar-energy-blockchain-project-distributor-of-the-solarcoin-digital-asset/

Solarcoin (§ SLR) are like airmiles. Each 1 Mhw generated gets you §1 free. Solarcoins can purchase what others will trade: USD,BTC, Soy candles..etc.
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June 08, 2016, 12:59:57 PM
 #3858

Has anyone loaded the solarcoin wallet on Raspberry PI?

The only ARM wallet right now is Luke's Bitseed node. Give it time though.

Yea I saw that after poking around.

§: 8Q7zvaH955cCbqu2nCvpPcTvczGfe9psxE
§1 = 1MWh
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June 08, 2016, 01:02:43 PM
 #3859


"Lumo joins SolarCoin in France and Europe so that by the end of 2016 Lumo users will receive directly on their Lumo account this new form of reward to thank them for the social impact of their investment."

This is cool so they will integrate the wallets into their user accounts!!!

§: 8Q7zvaH955cCbqu2nCvpPcTvczGfe9psxE
§1 = 1MWh
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June 08, 2016, 07:32:05 PM
 #3860

Someone has just bought the ~70 000 SLR "wall" on Bittrex Cheesy Are you ready for the ride guys? By the way I saw that the new "guy" which bought ~500 000 coins, no longer keeps them in the Exchange - smart move Wink

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