[ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh)

[themeco]

Yay, Cryptonick posted, the price is bound to rise again.  

gotta love that FUD juju! Always works against you haha!

Not meant as FUD, SolarCoin is one of my favorite coins. If Bitcoin goes to 1 million and SLR goes to 1 Sat then this means FIAT has a slim chance to recover. This puts SLR at 1 penny per coin and SLR is 25 cents right now. That is only a small drop at that point and completely recoverable by any investor by hedging at 1 sat, then it can move up later.  Also you have the capability for Bitcoin to go to 2 million as Hyperinflation will ravage economies that did not get in to Bitcoin soon enough. The value of all currency starts pouring into Bitcoin and all Alt coins will not be able to sustain other than artificially pumping as people sell out and groups retain them and pump. So SLR could boost also and not stay at 1 Satoshi. I hope you realize that ETH must pump since it is paired with FIAT at Coinbase. Do you think someone will give you 1 Dollar real money and not retain the value for what they paid? Anyone buying at $300 paid for the banks to offset their expenditure.

The problem comes from needing to sell to FIAT. There needs to be a Magic number and it should be the Wholesale cost of Power. This is where the market should actually be at but there is no reason to buy SLR and sustain it there along with the leaky ceiling of Claims that can rain down on the market. If the coin were to leave the economy as Bitcoin there is no reason to buy SLR other than trying to take profit and this will always do the dead cat bounce especially when the top end is the actual cost of Power vs the draining of the leaky ceiling leaving to Bitcoin.

By Pegging the Coin at Wholesale Power and allowing people to spend their coin at that level by trading it internally would allow an economy to grow and real value to sustain.

Granted Bitcoin going to a million seems far-fetched, but with the looming Bank Bail-In's from a Quadrillion dollar call on the Derivative market you can see the Sands of time are pouring to match the quadrillion grains of market gains banks wish to take from the world.

You base your assumptions on a changing economy where there is massive disruption, yet you base your assumptions of solarcoin in this scenario as a static entity that doesn't react to any changes. Currently you can exchange your SLR directly for USD, supplanting bitcoin, so it has detached from the bitcoin tow truck. Most pay their bills in fiat, buy houses in fiat, food in fiat, cars in fiat etc etc. This day you speak of where bitcoin is worth 1 million $ and people are starving in the streets after fiat currencies have hyper inflated, getting your SLR claim may be lower down of the list of priorities.

[1714053860]

1714053860

[maynasheer]

It can follow the footsteps of Ethereum.Watch out guys.Huge buys are coming

[ntrader]

Anybody know something about this scam? https://xt917.yobit.net/ru/trade/SOLAR/BTC
https://bitcoingarden.org/forum/index.php?topic=15732.0

[vipgelsi]

Anybody know something about this scam? https://xt917.yobit.net/ru/trade/SOLAR/BTC
https://bitcoingarden.org/forum/index.php?topic=15732.0

Copycat scam.

[nickgogerty]

Anybody know something about this scam? https://xt917.yobit.net/ru/trade/SOLAR/BTC
https://bitcoingarden.org/forum/index.php?topic=15732.0

Copycat scam.

Will write to exchange:  https://yobit.net/en/trade/SOLAR/BTC

https://coinmarketcap.com/exchanges/yobit/

its on the exchange but not on coinmarketcap.

Nick

[CryptoNick]

@ CryptoNick, you've said you already sold all your solarcoin so why bother continuing to post in this thread? You are already out and done with this coin, so what do you hope to accomplish by posting here? Give it a rest. We don't need your negativity around here, especially for a project that is attempting to do some good for humanity.

Ok I will stop posting positive solutions too. Take care and best of luck to Solarcoin.

I admit that you did have some interesting ideas that you posted over a month ago, but the last week or two all of those ideas went down the drain as you started calling this coin a shitcoin that is going to 1 satoshi. I'm sorry you've become frustrated. But this is a 40-year project and it is still in the early stages. There are many of us here that are still believing for a bright future with this project. It is one of the very few coins from the 2014 altcoin boom that is still alive and growing.

Ok had to come back to defend myself... I never called SLR a Shitcoin ever. I know how long it is expected to take also which is why I wanted to accelerate it.

[CryptoNick]

Yay, Cryptonick posted, the price is bound to rise again.  

gotta love that FUD juju! Always works against you haha!

Not meant as FUD, SolarCoin is one of my favorite coins. If Bitcoin goes to 1 million and SLR goes to 1 Sat then this means FIAT has a slim chance to recover. This puts SLR at 1 penny per coin and SLR is 25 cents right now. That is only a small drop at that point and completely recoverable by any investor by hedging at 1 sat, then it can move up later.  Also you have the capability for Bitcoin to go to 2 million as Hyperinflation will ravage economies that did not get in to Bitcoin soon enough. The value of all currency starts pouring into Bitcoin and all Alt coins will not be able to sustain other than artificially pumping as people sell out and groups retain them and pump. So SLR could boost also and not stay at 1 Satoshi. I hope you realize that ETH must pump since it is paired with FIAT at Coinbase. Do you think someone will give you 1 Dollar real money and not retain the value for what they paid? Anyone buying at $300 paid for the banks to offset their expenditure.

The problem comes from needing to sell to FIAT. There needs to be a Magic number and it should be the Wholesale cost of Power. This is where the market should actually be at but there is no reason to buy SLR and sustain it there along with the leaky ceiling of Claims that can rain down on the market. If the coin were to leave the economy as Bitcoin there is no reason to buy SLR other than trying to take profit and this will always do the dead cat bounce especially when the top end is the actual cost of Power vs the draining of the leaky ceiling leaving to Bitcoin.

By Pegging the Coin at Wholesale Power and allowing people to spend their coin at that level by trading it internally would allow an economy to grow and real value to sustain.

Granted Bitcoin going to a million seems far-fetched, but with the looming Bank Bail-In's from a Quadrillion dollar call on the Derivative market you can see the Sands of time are pouring to match the quadrillion grains of market gains banks wish to take from the world.

You base your assumptions on a changing economy where there is massive disruption, yet you base your assumptions of solarcoin in this scenario as a static entity that doesn't react to any changes. Currently you can exchange your SLR directly for USD, supplanting bitcoin, so it has detached from the bitcoin tow truck. Most pay their bills in fiat, buy houses in fiat, food in fiat, cars in fiat etc etc. This day you speak of where bitcoin is worth 1 million $ and people are starving in the streets after fiat currencies have hyper inflated, getting your SLR claim may be lower down of the list of priorities.

No I said it reacts to changes by going to 1 satoshi but that could change and it goes to 2 satoshi and works its way up even. So a negative impact at first and then a very strong recovery because no one would ever lose any money buying their first SLR at 1 satoshi. It is now a liquidity solution driven by its own economy and much more powerful than a bear bull market trading scenario. Anyone who would try to manipulate the coin would need massive amounts of Bitcoin to buy out all the positions that would be stuck in the way. By this time the SLR economy could be very robust too.

Yes somewhat correct as I forgot about the USD exchange, but Bitcoin rules the price still so it is a bit skewed, massive dumping if people want to profit from Bitcoin vs SLR etc. There is still no reason to buy other than the same reason people buy Bitcoin, so why not just buy Bitcoin like everyone else or just play the marke. Profit is potential sure... But why would people buy other than profit as the up slope stops somewhere right? I can see some people needing a massive hedge at certain points if they get caught but then they need buyers to get even.

Right low list of priorities for SLR claims at that point. You are actually making my point for me. Most people pay their bills in Fiat buy houses in Fiat etc. etc. So why use their USD to buy SLR with? Only to be forced to sell and pay their bills with. Hope to make a profit sure, but if they get caught in a tight time and sell at a loss then what? Buy back in later?

This is why the Magic Number is the key, I suggested wholesale power costs so it relates also to what FIAT costs per MWH at all times. It is always relative. The markets can still do what they do normally and people can choose to trade at the Magic Number. They might make a better profit later too by accepting the SLR at the Magic Number.

The scale of the project is 40 years because of these factors so I would try to jumpstart or subvert the timeframe. If a Solar Panel manufacturer would actually accept Solarcoin for their Glut of older panels this would create a buy of Solarcoin. The manufacturer would be paying off any PoW coin out there too but would have to churn it out until coin is better distributed. They have a glut of old panels so why not risk it instead of having them sit on a shelf or recycle them and lose energy and time in the interim. That manufacturer would also be a main holder of coin at some point too. The people who profited off of the actual PoW coin could now also reciprocate and buy panels from this manufacturer. It really is symbiotic, and do you think this would be good PR for that company? Do you think the word would get out there? It would probably happen overnight at that point. I could see news crews chomping at the bit to tell this story.

Since Early,
-CryptoNick

[BTCmax24]

Here are some important informations that we need to know.
Partners and initial think tank members are now listed on the solarcoin.org homepage.
www.solarcoin.org

Hazel Henderson has joined the solarcoin think tank. http://solarcoin.org/en/welcome-hazel-henderson-ethical-markets/
She is an interesting deep thinker and well connected. I finally got to meet her in person at a http://web.unep.org/inquiry in NYC a few weeks back where I presented SolarCoin to the group which including Sr members from the  IMF World Bank Rockefeller Foundation etc. It was well recieved and we look forward to future discussions. These things take time, measured in months and years.

The electricchain.org website is getting a facelift.  www.electricchain.org

version 2.1.2 of solarcoin is going to be released soon, it is small changes. Now supports GUI import private key function. One has to select staking and then un-check the box.  feel free to test the pre-release.  http://solarcoin.org/downloads/   give feedback on this forum or on the site form.

More going on under the hood with solar partners in europe, asia, space launches, technology & strategy etc. Francois Sonnet continues to deliver great relationships in Europe, SolarChange is delivering new features and in deep strategic discusssions with IBM among others.
The network of users is poised for interesting things. It is taking longer than we thought, but also becoming more interesting and strange than we ever could have hoped for in a good way. 

[vipgelsi]

BTCmax24 thanks for the updates!

[metalron]

@ CryptoNick, you've said you already sold all your solarcoin so why bother continuing to post in this thread? You are already out and done with this coin, so what do you hope to accomplish by posting here? Give it a rest. We don't need your negativity around here, especially for a project that is attempting to do some good for humanity.

Ok I will stop posting positive solutions too. Take care and best of luck to Solarcoin.

Nah, constructive criticism is always nice. But like someone said up there; maybe go a little softer with your blows or something Attention on SLR is good, comments are good. Always nice to get different views, people can get be little thick skinned and not to mention words online can be read in different tones; so I for one like lurking and reading such banter

[Catsoul]

it`s very old "updates"

https://bitcointalk.org/index.php?topic=785257.4330;wap

[vipgelsi]

Nice bid support for solarcoin lately even though someone has been slowly selling we are holding strong. Seems like 20 cents is a problem.

[bgmc]

@ CryptoNick, you've said you already sold all your solarcoin so why bother continuing to post in this thread? You are already out and done with this coin, so what do you hope to accomplish by posting here? Give it a rest. We don't need your negativity around here, especially for a project that is attempting to do some good for humanity.

Ok I will stop posting positive solutions too. Take care and best of luck to Solarcoin.

I admit that you did have some interesting ideas that you posted over a month ago, but the last week or two all of those ideas went down the drain as you started calling this coin a shitcoin that is going to 1 satoshi. I'm sorry you've become frustrated. But this is a 40-year project and it is still in the early stages. There are many of us here that are still believing for a bright future with this project. It is one of the very few coins from the 2014 altcoin boom that is still alive and growing.

Ok had to come back to defend myself... I never called SLR a Shitcoin ever. I know how long it is expected to take also which is why I wanted to accelerate it.

I apologize. I think maybe I misread you. It was solarcoiner who called solarcoin a "shitcoin." And when you responded to solarcoiner by saying SLR was going to 1 satoshi, I guess it came across that you were in agreement with solarcoiner. Totally misread your point, sorry about that 

[bgmc]

Does anyone have an update as to when the new wallet will be available?

[Catsoul]

Does anyone have an update as to when the new wallet will be available?

+ 1

[Catsoul]

SLR`devs make a bad marketing, cause they neglect the "bitcointalk" forum.

[vipgelsi]

Should be very soon the updated wallet. Hopefully by next week.

[bgmc]

Should be very soon the updated wallet. Hopefully by next week.

Good to hear!

[Vyazhan]

SLR`devs make a bad marketing, cause they neglect the "bitcointalk" forum.

Each page is full of developer comments though

[vipgelsi]

Moving along.

https://github.com/ruby32/solarcoin