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solarcoiner
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April 04, 2016, 10:11:31 PM |
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What should have happened is the 33 Million coin should have been deleted
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Correct me if i am wrong, but the 33 million is now what sustains the actual blockchain with POST ? if removed, how can it works? it's not only a market, it's also a blockchain. The coins get rolled into the 10K or 100K and meet the marketcap of $100 per coin. There is no loss of money or investment from the people who mined the first coins. They didn't exactly pay that much for the coins either, but people who bought in may have quite a few BTC invested. That is also to say they didn't pay as much as it costs to Claim too. I know it represents the previous generated solar but that is a mute issue since the coin needs Claimers in the here and now not represent the previous Solar Generation. But it would still be represented come to think of it just in a better way. What would happen is the coin would fork when the new Smart Contracts are in place. There may be no better time than that to do it since SLR would also be containing the Generator Pool. So by doing an even exchange for the existing coin that cuts the current wallets down to size and then the Price would be allowed to boost without profit takers to $100 per coin or whatever the proper price is per MWH by the market. People will buy these coins and support the Claims. Pretty simple. If there are more Claims than buyers that is a good problem to have since you still give out the claims and the actual monetary trade value can officially always be PEGGED at X per MWH which you do not need an Exchange for. Say you want to trade your old PlayStation to someone holding SLR. Now lets say the going Price for SLR on the exchange is $20 or really really low... But all holders of SLR agree that Trade is always at $100 per coin. When Merchants are involved then the actual Market Price is used so they can get their costs out of their goods. But for normal trade the base is stable at the actual Price world wide. It could be a magic number too and this way it always stays the same. Then the only thing holding the economy back is Claiming or buying new solar panels to then produce more coin and Trade with or Sell to people at Low or possibly High prices. This makes the most sense because the Trading is something of Value for a Green Investment where people who support the coin understand that 1 to 1 with the magic number is ok since this is supporting the economy and mindset. Also when you sell lets say a used PlayStation to a Claimer or holder of SLR coin you can do it for retail even though the PS is used. Like I am trading a $300 PS for 3 SLR $100 Magic Number Coins and you show no depreciation if you wish to trade further with another person. So you take that 3 SLR you got for your PlayStation and you buy an item from someone else that you really want or finalize and depreciate by going to a Merchant to buy a product off the shelf at retail and let them take the risk in the market. The merchant may hold their profits too and create a hedge later but this is volatile and why the actual market is dangerous for merchants. But Trade should be easy to adopt. People can buy coins now and support claims, I don't see a need to artificially impose a value. The value of the coin will rise to what the market thinks the coins value is worth. Right now the foundation is solidifying, which is reflected in recent activity. More value will be inserted into the technology as the technology increases its worth. In the world of crypto currency, doing anything remotely close to what's being achieved with Solarcoin is nothing short of a miracle. What's to stop claimants from buying more coins now while the value is lower and increasing their own potential profits and insuring more solar panels will be installed? Nothing, in fact several claimants have done just that and will continue to do so increasing both the circulation of the coin and it's value. It is not artificial, it is based on the premise that 1SLR=1MWH and if Trade is adopted then now you don't need an Exchange. This is why it is important to PEG the price at the 1MWH cost or Magic number. This isn't artificial since the costs of energy go into everything. The costs of energy to make the Playstation now translate into SLR as trade. I only suggested a face value but it could be traded for .02 of an SLR at the PEGGED Magic number. We all know exchanges can go belly up or steal your coins too so why force people to go and buy coins and then sell coins? Why not just use BitCoin in that case since you have to facilitate BitCoin in every transaction. Why would someone go to the trouble to Buy BitCoin to then Buy SLR to then spend at a Merchant who then goes to sell at a loss on the exchange? Ridiculous! This is the dilemma that an exchange and 33 million coins brings into the picture. Churning out BitCoin to support the economy makes SolarCoin dependent on BitCoin. It doesn't get rid of BitCoin or make it Greener. It makes certain people richer too by keeping the 33 Million. If there were only 10,000 coins and claimers knew people were holding and investing first of all they may not even sell, secondly if they do sell then this was PAID for and given to someone who put money into their SOLAR PANELS! Not some POW hasher who got in on the huge block rewards. In any case these POW and Investors would be able to get their money out or stabilize it and support the project. Now do you think Solar Claimers would buy some of the 10,000 coin? Do you think they would buy slightly cheaper than the magic number? Don't you think this would be a great market for claimers and all holders of SLR? Instead of waiting for the slow ebb and flow of the buys and sells going into BitCoin people could actually use the coin at the intended price. Well they could do that with the 33 Million too but they would be risking it to all the POW coin that is not distributed to the masses yet and may never be distributed since they compete with claimers selling too now. That is funny that you say Claimers are buying coin to try to augment the cost of their solar purchase by selling later. This was my main opposition within the first ideas I proposed in order to boost the price of SLR. The Devs told me Claimers don't want to buy SLR. Buying a CD type mechanism to create SLR with each Claim. Forcing Claimers to buy coin to hold with their Claim in order to pay out their Claim, and they would also get Network Fees rolled in as incentive. Kind of like staking but with a Claim it would boost in PoST and with Fees gained. The only reason an exchange is needed would be to pay for Merchants costs of goods. Since anyone can adopt and use SolarCoin by buying Solar Panels and it is given for free. So we need a delineation of Merchants vs Trade and also less competition in that market in order for Merchants to thrive. I had found a way around all of this and I gave it to SolarCoin. The idea was rejected and I am working on implementing elsewhere. The idea will bring much of these concepts to life and may attract attention with the ability to use Android and iPhone in a very cool way. I am in development as we speak. Again I offered this to SolarCoin and gave first rights of refusal in Slack but the idea was refused. At this rate we might not need to do anything. I have no clue what is going on here but the price action is banana's!!!!  The pump is here so enjoy the ride! The price has to go up like I said even if it means buying their own coin and pump it. You see the wallets distribution doesn't change with all the volume so they are buying their own positions out and some that are in the way. Say what you want about Solarcoin. You have been consistantly wrong and while you have been whining here every time the price goes up a bit everyone else is enjoying it. And again I have been profiting from this mega pump. months ago you were arguing how leaky slr's ceiling is... At the same time I have been selling for the last couple of months and believe me when I tell you someone is buying the coins. the question is why. Obviousy there is some manipulation but I managed to sell quite a lot of coins on the way up The ceiling leaks and the only thing wrong about that is you don't see anything wrong with it. You should be thanking me since every time I whine the price goes up. The Devs know what I plan on implementing so just the thought of it may be hastening the pump. Why would I see anything wrong in it? SLR has been growing since almost 3 Years now. It might be a tiny community with some large holders but it has been out there for 3 Years for anyone to join. Yes Markets get manipulated! Thats just the way it is. The smaller the market -> the more manipulation. Even bitcoin can still be manipulated by some very influential people. Because in reality a 6.5 Billion $ Market cap coin is nothing if you compare it to the forex market for example. Bitcoin was super manipulated back in the days and so was litecoin ( and still is). This is how crypto works. In fact forget that. This is how our world works. People manipulate all the time. Have you read the news about the Panama Papers? My point is you cant stop manipulation in a free market. What you can do is try to grow in size and be as decentralized as possible to make it harder for people to manipulate. But in the end it all comes down to human greed which is never going to change. I just can't wrap my head around why every single post you do is about how something wont/can't work and how much better your ideas are. You know where I read a lot of similar posts. Back in the bitcoin forums in early 2011. Anyway I have to tell you I do kind of enjoy reading your posts while watching the price go up. |
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Alao
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April 04, 2016, 11:26:26 PM |
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I think all of this is pretty good discourse. We all are here because we believe in the idea of the project. We might have different opinions about the implementation but we are only year 3 in a 40 year project. I would say that slow and steady wins the race.
It looks like the pump had cooled down. The price is still a bit higher than before that pump but what is important is the volume. For a while it was only less than 1 BTC a day and now we are at 20 BTC. If we were to get on Poloniex I think that would be a game changer since there is some serious money on the exchange. I sent a request but it looks like thay have every other shit coin on there except SLR. One day other exchanges will see what we see. To the Sun!!!!
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§: 8Q7zvaH955cCbqu2nCvpPcTvczGfe9psxE
§1 = 1MWh
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CryptoNick
Legendary
 Offline
Activity: 987
Merit: 1003
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April 05, 2016, 06:56:49 AM |
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What should have happened is the 33 Million coin should have been deleted
...
Correct me if i am wrong, but the 33 million is now what sustains the actual blockchain with POST ? if removed, how can it works? it's not only a market, it's also a blockchain. The coins get rolled into the 10K or 100K and meet the marketcap of $100 per coin. There is no loss of money or investment from the people who mined the first coins. They didn't exactly pay that much for the coins either, but people who bought in may have quite a few BTC invested. That is also to say they didn't pay as much as it costs to Claim too. I know it represents the previous generated solar but that is a mute issue since the coin needs Claimers in the here and now not represent the previous Solar Generation. But it would still be represented come to think of it just in a better way. What would happen is the coin would fork when the new Smart Contracts are in place. There may be no better time than that to do it since SLR would also be containing the Generator Pool. So by doing an even exchange for the existing coin that cuts the current wallets down to size and then the Price would be allowed to boost without profit takers to $100 per coin or whatever the proper price is per MWH by the market. People will buy these coins and support the Claims. Pretty simple. If there are more Claims than buyers that is a good problem to have since you still give out the claims and the actual monetary trade value can officially always be PEGGED at X per MWH which you do not need an Exchange for. Say you want to trade your old PlayStation to someone holding SLR. Now lets say the going Price for SLR on the exchange is $20 or really really low... But all holders of SLR agree that Trade is always at $100 per coin. When Merchants are involved then the actual Market Price is used so they can get their costs out of their goods. But for normal trade the base is stable at the actual Price world wide. It could be a magic number too and this way it always stays the same. Then the only thing holding the economy back is Claiming or buying new solar panels to then produce more coin and Trade with or Sell to people at Low or possibly High prices. This makes the most sense because the Trading is something of Value for a Green Investment where people who support the coin understand that 1 to 1 with the magic number is ok since this is supporting the economy and mindset. Also when you sell lets say a used PlayStation to a Claimer or holder of SLR coin you can do it for retail even though the PS is used. Like I am trading a $300 PS for 3 SLR $100 Magic Number Coins and you show no depreciation if you wish to trade further with another person. So you take that 3 SLR you got for your PlayStation and you buy an item from someone else that you really want or finalize and depreciate by going to a Merchant to buy a product off the shelf at retail and let them take the risk in the market. The merchant may hold their profits too and create a hedge later but this is volatile and why the actual market is dangerous for merchants. But Trade should be easy to adopt. People can buy coins now and support claims, I don't see a need to artificially impose a value. The value of the coin will rise to what the market thinks the coins value is worth. Right now the foundation is solidifying, which is reflected in recent activity. More value will be inserted into the technology as the technology increases its worth. In the world of crypto currency, doing anything remotely close to what's being achieved with Solarcoin is nothing short of a miracle. What's to stop claimants from buying more coins now while the value is lower and increasing their own potential profits and insuring more solar panels will be installed? Nothing, in fact several claimants have done just that and will continue to do so increasing both the circulation of the coin and it's value. It is not artificial, it is based on the premise that 1SLR=1MWH and if Trade is adopted then now you don't need an Exchange. This is why it is important to PEG the price at the 1MWH cost or Magic number. This isn't artificial since the costs of energy go into everything. The costs of energy to make the Playstation now translate into SLR as trade. I only suggested a face value but it could be traded for .02 of an SLR at the PEGGED Magic number. We all know exchanges can go belly up or steal your coins too so why force people to go and buy coins and then sell coins? Why not just use BitCoin in that case since you have to facilitate BitCoin in every transaction. Why would someone go to the trouble to Buy BitCoin to then Buy SLR to then spend at a Merchant who then goes to sell at a loss on the exchange? Ridiculous! This is the dilemma that an exchange and 33 million coins brings into the picture. Churning out BitCoin to support the economy makes SolarCoin dependent on BitCoin. It doesn't get rid of BitCoin or make it Greener. It makes certain people richer too by keeping the 33 Million. If there were only 10,000 coins and claimers knew people were holding and investing first of all they may not even sell, secondly if they do sell then this was PAID for and given to someone who put money into their SOLAR PANELS! Not some POW hasher who got in on the huge block rewards. In any case these POW and Investors would be able to get their money out or stabilize it and support the project. Now do you think Solar Claimers would buy some of the 10,000 coin? Do you think they would buy slightly cheaper than the magic number? Don't you think this would be a great market for claimers and all holders of SLR? Instead of waiting for the slow ebb and flow of the buys and sells going into BitCoin people could actually use the coin at the intended price. Well they could do that with the 33 Million too but they would be risking it to all the POW coin that is not distributed to the masses yet and may never be distributed since they compete with claimers selling too now. That is funny that you say Claimers are buying coin to try to augment the cost of their solar purchase by selling later. This was my main opposition within the first ideas I proposed in order to boost the price of SLR. The Devs told me Claimers don't want to buy SLR. Buying a CD type mechanism to create SLR with each Claim. Forcing Claimers to buy coin to hold with their Claim in order to pay out their Claim, and they would also get Network Fees rolled in as incentive. Kind of like staking but with a Claim it would boost in PoST and with Fees gained. The only reason an exchange is needed would be to pay for Merchants costs of goods. Since anyone can adopt and use SolarCoin by buying Solar Panels and it is given for free. So we need a delineation of Merchants vs Trade and also less competition in that market in order for Merchants to thrive. I had found a way around all of this and I gave it to SolarCoin. The idea was rejected and I am working on implementing elsewhere. The idea will bring much of these concepts to life and may attract attention with the ability to use Android and iPhone in a very cool way. I am in development as we speak. Again I offered this to SolarCoin and gave first rights of refusal in Slack but the idea was refused. At this rate we might not need to do anything. I have no clue what is going on here but the price action is banana's!!!! The pump is here so enjoy the ride! The price has to go up like I said even if it means buying their own coin and pump it. You see the wallets distribution doesn't change with all the volume so they are buying their own positions out and some that are in the way. Say what you want about Solarcoin. You have been consistantly wrong and while you have been whining here every time the price goes up a bit everyone else is enjoying it. And again I have been profiting from this mega pump. months ago you were arguing how leaky slr's ceiling is... At the same time I have been selling for the last couple of months and believe me when I tell you someone is buying the coins. the question is why. Obviousy there is some manipulation but I managed to sell quite a lot of coins on the way up The ceiling leaks and the only thing wrong about that is you don't see anything wrong with it. You should be thanking me since every time I whine the price goes up. The Devs know what I plan on implementing so just the thought of it may be hastening the pump. Why would I see anything wrong in it? SLR has been growing since almost 3 Years now. It might be a tiny community with some large holders but it has been out there for 3 Years for anyone to join. Yes Markets get manipulated! Thats just the way it is. The smaller the market -> the more manipulation. Even bitcoin can still be manipulated by some very influential people. Because in reality a 6.5 Billion $ Market cap coin is nothing if you compare it to the forex market for example. Bitcoin was super manipulated back in the days and so was litecoin ( and still is). This is how crypto works. In fact forget that. This is how our world works. People manipulate all the time. Have you read the news about the Panama Papers? My point is you cant stop manipulation in a free market. What you can do is try to grow in size and be as decentralized as possible to make it harder for people to manipulate. But in the end it all comes down to human greed which is never going to change. I just can't wrap my head around why every single post you do is about how something wont/can't work and how much better your ideas are. You know where I read a lot of similar posts. Back in the bitcoin forums in early 2011. Anyway I have to tell you I do kind of enjoy reading your posts while watching the price go up. Very good points! I totally agree with the sentiment and how crypto works! Which is why I wanted to change the model and create a better scenario. You don't have to see anything wrong with it, as to Live in the Obvious is to be Ob-liVe-ious. I always tried to bring the community in on my ideas and make a concerted effort to change for the better including all ideas. I actually created a model that stops manipulation and no exchange could actually steal your coins because there would be no exchanges. No way for you to get rich from it either. Crypto in its truest and most noble sense. I put the Green in Greenbacks! |
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CryptoNick
Legendary
Offline
Activity: 987
Merit: 1003
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April 05, 2016, 07:01:45 AM |
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I think all of this is pretty good discourse. We all are here because we believe in the idea of the project. We might have different opinions about the implementation but we are only year 3 in a 40 year project. I would say that slow and steady wins the race.
It looks like the pump had cooled down. The price is still a bit higher than before that pump but what is important is the volume. For a while it was only less than 1 BTC a day and now we are at 20 BTC. If we were to get on Poloniex I think that would be a game changer since there is some serious money on the exchange. I sent a request but it looks like thay have every other shit coin on there except SLR. One day other exchanges will see what we see. To the Sun!!!!
Glad you enjoy it, I believe in the project and wanted to make a difference. I could see Poloniex helping the price for sure. I hope it can sustain 20 BTC a day I could buy and sell to myself and sustain it for fun in the Sun! |
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CryptoNick
Legendary
Offline
Activity: 987
Merit: 1003
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April 05, 2016, 07:05:09 AM |
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That is the problem it is a Stock not a Currency. This is why the Costs of Power should be used to PEG the price and then SLR could be stabilized. It is unfortunate that no one foresaw this fact and decided the profit model was best. SolarCoin can never be sold for Cash since BitCoin is the only coin allowed to do that. Otherwise it is a securities act Violation. So it is necessary to exchange to BitCoin in the current model and SolarCoin can not maintain a Green status even though it promotes solar adoption. The very fact that having Merchants means they need liquidity will mean SLR must rely on BitCoin a power hungry coin.
No, it can be sold for cash, all stocks can be sold for cash. Again to my Point a Stock... You can sell it for cash but an exchange can't. There are actually disclaimers written into sites like Payoneer that you can not send cash for Crypto etc. Why would they do this? Because they don't want to be accused of facilitation of a Securities Act Violation. |
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CryptoNick
Legendary
Offline
Activity: 987
Merit: 1003
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April 05, 2016, 07:28:09 AM
Last edit: April 05, 2016, 07:41:32 AM by CryptoNick |
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this is absolutely true i got the same opinion cant be sold
Where is that? in the USA? And then... who needs "that" cash in the future we are building here? Oh, I got it - those here who ONLY say "you do that! you don't do that!..."  Ok Dinar is Served! Rupees? Lira? Anyone... See the problem now? USA and SLR means BitCoin must be supported and promoted so a Green alternative in its truest sense is not attainable. By using a Magic Number as the PEG (I understand the difference on Claiming etc.) means it is now a stand alone currency X=1MWH and then it gives power to the coin. People can trade hand to hand for cash or goods. Merchants couldn't really accept it with 33 Million outstanding but at 10,000 coins they may be more apt to adopt it and hope that there are many buyers in a more stable market. I actually flip the script here in my plans since the merchants are crucial to any economy. And they will simultaneously forge the bonds of Solar adoption. It is only too bad I don't have the support of great minds that are behind SolarCoin. But I will give it a go... |
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y_virtual
Sr. Member
Offline
Activity: 377
Merit: 251
Note to self: it's not you doing it, it's us.
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April 05, 2016, 07:58:49 AM |
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this is absolutely true i got the same opinion cant be sold
Where is that? in the USA? And then... who needs "that" cash in the future we are building here? Oh, I got it - those here who ONLY say "you do that! you don't do that!..." Ok Dinar is Served! Rupees? Lira? Anyone... See the problem now? USA and SLR means BitCoin must be supported and promoted so a Green alternative in its truest sense is not attainable. By using a Magic Number as the PEG (I understand the difference on Claiming etc.) means it is now a stand alone currency X=1MWH and then it gives power to the coin. People can trade hand to hand for cash or goods. Merchants couldn't really accept it with 33 Million outstanding but at 10,000 coins they may be more apt to adopt it and hope that there are many buyers in a more stable market. I actually flip the script here in my plans since the merchants are crucial to any economy. And they will simultaneously forge the bonds of Solar adoption. It is only too bad I don't have the support of great minds that are behind SolarCoin. But I will give it a go... Gotcha! Looks like you didn't get it. What I am talking about is my future I am building here - SLR, ETH, BTC, MAID, EAC, NXT, BTS, DASH, NAUT, NET...etc. used in my life for particular purposes, with the specific value they have for me, technically easily interchangeable/obtainable/spendable in a truly free market. Once I am able to say "what is this? USD? Dinar? Rupees? Lira?... fiat? I don't need these anymore!" - then I'll know I've done my part. Cheers! |
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corather
Legendary
Offline
Activity: 1708
Merit: 1000
Solarcoin.org
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April 05, 2016, 08:17:56 AM |
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That is the problem it is a Stock not a Currency. This is why the Costs of Power should be used to PEG the price and then SLR could be stabilized. It is unfortunate that no one foresaw this fact and decided the profit model was best. SolarCoin can never be sold for Cash since BitCoin is the only coin allowed to do that. Otherwise it is a securities act Violation. So it is necessary to exchange to BitCoin in the current model and SolarCoin can not maintain a Green status even though it promotes solar adoption. The very fact that having Merchants means they need liquidity will mean SLR must rely on BitCoin a power hungry coin.
No, it can be sold for cash, all stocks can be sold for cash. Again to my Point a Stock... You can sell it for cash but an exchange can't. There are actually disclaimers written into sites like Payoneer that you can not send cash for Crypto etc. Why would they do this? Because they don't want to be accused of facilitation of a Securities Act Violation. Some exchanges aren't set up for it. You need money changers licensing to do so. Coinbase does it all day long with Bitcoin. In Europe there's bittylicious, and they convert many different coins for Pounds. https://bittylicious.com/There's no violations. |
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CryptoNick
Legendary
Offline
Activity: 987
Merit: 1003
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April 05, 2016, 08:46:41 PM |
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this is absolutely true i got the same opinion cant be sold
Where is that? in the USA? And then... who needs "that" cash in the future we are building here? Oh, I got it - those here who ONLY say "you do that! you don't do that!..." Ok Dinar is Served! Rupees? Lira? Anyone... See the problem now? USA and SLR means BitCoin must be supported and promoted so a Green alternative in its truest sense is not attainable. By using a Magic Number as the PEG (I understand the difference on Claiming etc.) means it is now a stand alone currency X=1MWH and then it gives power to the coin. People can trade hand to hand for cash or goods. Merchants couldn't really accept it with 33 Million outstanding but at 10,000 coins they may be more apt to adopt it and hope that there are many buyers in a more stable market. I actually flip the script here in my plans since the merchants are crucial to any economy. And they will simultaneously forge the bonds of Solar adoption. It is only too bad I don't have the support of great minds that are behind SolarCoin. But I will give it a go... Gotcha! Looks like you didn't get it. What I am talking about is my future I am building here - SLR, ETH, BTC, MAID, EAC, NXT, BTS, DASH, NAUT, NET...etc. used in my life for particular purposes, with the specific value they have for me, technically easily interchangeable/obtainable/spendable in a truly free market. Once I am able to say "what is this? USD? Dinar? Rupees? Lira?... fiat? I don't need these anymore!" - then I'll know I've done my part. Cheers! No, you still don't get it... The problem is your perception just to say what is "this" doesn't pay the Merchants bills for the cost of goods you buy from them. They and their suppliers must also say what is "this". You can give ETH to buy Gas with, then give SLR to pay your power bill, then give BTC to pay your rent with. You say... but these are all I have to pay with, everyone take them as payment since you can see they are valuable by the exchange price. Then you find you have no where to live and no power even if you did have a place to live (unless you are a claimer but now have no where to put your panels), and finally you end up having to hitchhike because all your Rupees, Dinar, USD, Lira have been spent buying Crypto. Maybe the person that picks you up as a hitchhiker will take Crypto from you though, and you can tell them about how you can give them BitCoin so that they can then go buy SLR with it so you can then sell off your SLR to BitCoin and then sell BTC to Dinars in order to pay your rent when they buy in... But why didn't you just take the BitCoin and sell it first instead of giving it to them to buy SLR? Well you told them SLR was going to the Sun, better buy in now, and instead of you buying the SLR you let them buy it hoping they pull out their wallet and buy more BitCoin to buy more SLR with. I get it now, but you still need Dinars for your Dinner! Do you really think USD or Fiat in general will be discarded to use SLR and BTC instead? |
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CryptoNick
Legendary
Offline
Activity: 987
Merit: 1003
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April 05, 2016, 08:53:15 PM |
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That is the problem it is a Stock not a Currency. This is why the Costs of Power should be used to PEG the price and then SLR could be stabilized. It is unfortunate that no one foresaw this fact and decided the profit model was best. SolarCoin can never be sold for Cash since BitCoin is the only coin allowed to do that. Otherwise it is a securities act Violation. So it is necessary to exchange to BitCoin in the current model and SolarCoin can not maintain a Green status even though it promotes solar adoption. The very fact that having Merchants means they need liquidity will mean SLR must rely on BitCoin a power hungry coin.
No, it can be sold for cash, all stocks can be sold for cash. Again to my Point a Stock... You can sell it for cash but an exchange can't. There are actually disclaimers written into sites like Payoneer that you can not send cash for Crypto etc. Why would they do this? Because they don't want to be accused of facilitation of a Securities Act Violation. Some exchanges aren't set up for it. You need money changers licensing to do so. Coinbase does it all day long with Bitcoin. In Europe there's bittylicious, and they convert many different coins for Pounds. https://bittylicious.com/There's no violations. It can be done with BitCoin legally yes no other coin though. If any exchange does it they probably facilitate the BitCoin transaction to then sell the coin to Pounds. It may be in the fine print somewhere. |
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y_virtual
Sr. Member
Offline
Activity: 377
Merit: 251
Note to self: it's not you doing it, it's us.
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April 05, 2016, 10:52:46 PM |
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.... What I am talking about is my future I am building here - SLR, ETH, BTC, MAID, EAC, NXT, BTS, DASH, NAUT, NET...etc. used in my life for particular purposes, with the specific value they have for me, technically easily interchangeable/obtainable/spendable in a truly free market. Once I am able to say "what is this? USD? Dinar? Rupees? Lira?... fiat? I don't need these anymore!" - then I'll know I've done my part....
..... Do you really think USD or Fiat in general will be discarded to use SLR and BTC instead? No, I never said that. I'm talking about the future I'm building for my life. Now here is what I really think: I will be using crypto only, you will be using fiat only. |
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solarcoiner
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April 06, 2016, 12:48:15 AM |
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.... What I am talking about is my future I am building here - SLR, ETH, BTC, MAID, EAC, NXT, BTS, DASH, NAUT, NET...etc. used in my life for particular purposes, with the specific value they have for me, technically easily interchangeable/obtainable/spendable in a truly free market. Once I am able to say "what is this? USD? Dinar? Rupees? Lira?... fiat? I don't need these anymore!" - then I'll know I've done my part....
..... Do you really think USD or Fiat in general will be discarded to use SLR and BTC instead? No, I never said that. I'm talking about the future I'm building for my life. Now here is what I really think: I will be using crypto only, you will be using fiat only. exactly! because in the end it all comes down to personal choice. no one is saying crypto will take over fiat. But they will most likely continue to exist alongside fiat currencies |
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y_virtual
Sr. Member
Offline
Activity: 377
Merit: 251
Note to self: it's not you doing it, it's us.
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April 06, 2016, 03:27:53 AM |
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Running new Solarcoin wallet Version 2.1 Withdrawal worked fine from Bittrex to new wallet. Interest rolling in with no problems. So far everything is A++  New wallet you say? Ooooh.  *Edit: You beta testing? just reviewing release candidate planning to put it up Tuesday evening late if no problems. Installed fine over 2.0.8 (in Win7) , transactions IN worked fine. Transaction OUT and Interest transactions do not get confirmed - I guess this is because of the testing (release candidate) environment? Also I had some UI suggestions for the Overview window, to include some more detail. Steve knows about these from the time of the previous release testing - will now post here and PM both you and Steve. |
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CryptoNick
Legendary
Offline
Activity: 987
Merit: 1003
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April 06, 2016, 07:19:38 AM |
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.... What I am talking about is my future I am building here - SLR, ETH, BTC, MAID, EAC, NXT, BTS, DASH, NAUT, NET...etc. used in my life for particular purposes, with the specific value they have for me, technically easily interchangeable/obtainable/spendable in a truly free market. Once I am able to say "what is this? USD? Dinar? Rupees? Lira?... fiat? I don't need these anymore!" - then I'll know I've done my part....
..... Do you really think USD or Fiat in general will be discarded to use SLR and BTC instead? No, I never said that. I'm talking about the future I'm building for my life. Now here is what I really think: I will be using crypto only, you will be using fiat only. exactly! because in the end it all comes down to personal choice. no one is saying crypto will take over fiat. But they will most likely continue to exist alongside fiat currencies You talked about building a future, I guess that is where I don't follow along since you can build it all in the here and now, poof BitCoin can be sold for Fiat and SLR can be sold for BitCoin and vice versa done. All you have to do is accept Crypto as your lord and savior and you are saved! You talked about the value it has for you, but then talk about a free market and we already established that Crypto is manipulated. I don't want to get rich off of Crypto so I don't have any qualms about creating a truly free market. Would you feel free if Bittrex did what Cryptsy just did? |
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y_virtual
Sr. Member
Offline
Activity: 377
Merit: 251
Note to self: it's not you doing it, it's us.
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April 06, 2016, 08:45:02 AM |
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johny08
Legendary
Offline
Activity: 1045
Merit: 1000
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April 06, 2016, 09:14:43 AM |
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is the price of SolarCoin going down, when the power produced by Solar Cells getting cheaper over time?
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Scalextrix
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April 06, 2016, 09:33:24 AM |
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is the price of SolarCoin going down, when the power produced by Solar Cells getting cheaper over time?
I dont think so, cheaper installation costs will encourage more people to install solar PV, which will mean more people claiming Solarcoin, a bigger network/market and therefore a higher value/utility to having Solarcoins. Unlike Bitcoin the difficulty of Solarcoin issue doesnt increase the more people join. |
SolarCoin Address: 8cESoZyjFvx2Deq6VjQLqPfAwu8UXjcBkK Gridcoin Address: SAuPu8zarzQykWLGwxc6JRvW3imM8YU9wc
Pinkcoin Address: 2GTnp7oRn2i6KnuwfGaFh1Ps7RZFyDe6nH MannaCurrency Address: GXDwi6W888jbQZ7a79GTaStxiQsYehisfi
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Snake Pliskin
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April 06, 2016, 11:56:46 AM |
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Wow what's seems to be going on with the price today!!!
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vipgelsi
Legendary
Offline
Activity: 1736
Merit: 1001
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April 06, 2016, 02:04:23 PM |
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Snake Pliskin
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April 06, 2016, 03:22:56 PM |
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Thanks just made a coin request here |
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