★[SOLEMN]★UNIQUE★REFUNDABLE INVESTMENT★ELYSIUM OF SYMBIOTIC ECONOMIC★IPO

[logictense]

New thread https://bitcointalk.org/index.php?topic=796706.new#new

[1715269984]

1715269984

[Shadow_Runner]

So blind text.

[pineapples]

YES
text needs redoing. terrible blur .


and make the IPO section a bit more obvious.
maybe put it at the top. with a big IPO heading.

[wisnon]

dev, what time of launch, set the countdown, thank you!

[dezoel]

I can't read clearly...

[logictense]

I can't read clearly...

I have updated text and IPO conditions.

dev, what time of launch, set the countdown, thank you!

Countdown is on website. Official launch 10-23-2014, 12-00 GMT

[provenceday]

can you give us a short description on the coin features?

[inspirone1]

marker

[logictense]

can you give us a short description on the coin features?

Within the short-term milestone (before the closure of reimbursement period - maximum one week after launch): working mobile android wallets for SOLEMN and SOF, ASM client tech whitepaper, issuing SOLEMN fidelity cards, SOLEMN portal post-related incentive program, multicurrency wallet tech whitepaper, building e-license ASM server application, decentralized exchange whitepaper.
Within the mid-term - before the end date of SOLEMN POW - 1) implementation of SOLEMN--SOF--BTC triple-currency wallet 2) ASM client beta in testnet 3) enabling mobile staking for SOLEMN and SOF by forking the client from the LXC source.

[mxhwr]

i reccomned getting a escrow for ipo otherwise no one is gonna invest

[ocminer]

uh.. scrypt-n ?

[notsofast]

Seems cool conceptually, but not easy to understand at a glance and thus very difficult to market. Plus aside from attempting to be value-preservative by design, I don't see the allure.

TL;DR would mine if not Scrypt-N.

[logictense]

i reccomned getting a escrow for ipo otherwise no one is gonna invest

Escrow is not used because in this case listing on exchange would be attached to mid-term milestone for implementation of selective staking client (most likely at the end of Solemn Shares POW period) – to meet IPO conditions. Complexity in the direction of good design for experimental project - and this is experimental project, basically game of a few players, where a reciprocation-based economy of two assets refers to the speculative aspect encompassing decrease in the quantity and corresponding raise in value either or both of assets, would cause holding the escrow in around 10 weeks till accelerative staking mode implementation. Solemn doesn’t claim that IPO is targeted to strengthen infrastructure fund, it is created to incentivize fair distribution before gambling age. Price for IPO is chosen from considerations of equality: if I made it 0.00000003 or 0.00000005, one person would acquire all coins for oneself and cause occurrence of one huge self-distributed nonplayable market at early POW stage. Initially I was intending to fictitiously distribute 50% of SOLEMN via giveaways. But eventually I did come around because decided to add to IPO a seed of speculative intent: the bigger the fund gets the bigger a refundable share becomes.

[dezoel]

I can't read clearly...

I have updated text and IPO conditions.

Thanks..

[dezoel]

i reccomned getting a escrow for ipo otherwise no one is gonna invest

yes, that will be better.

[majeis]

How many languages was this translated back-and-forth through in order to make it so overly-inflated with meaningless words?

[Johnbtc]

I can't read clearly...

+1

[hrt]

sound interesting first for the long time, damn not sure this can be popular but yay i understood this 

i reccomned getting a escrow for ipo otherwise no one is gonna invest

where a reciprocation-based economy of two assets refers to the speculative aspect encompassing decrease in the quantity and corresponding raise in value either or both of assets

Will it be a guaranteed profit if mined SOF will be sold immediately? Second market will collapse despite decrease in quantuty because if one coin goes down second will follow

[hrt]

I can't read clearly...

+1

heh are u blind bro

[logictense]

sound interesting first for the long time, damn not sure this can be popular but yay i understood this 

i reccomned getting a escrow for ipo otherwise no one is gonna invest

where a reciprocation-based economy of two assets refers to the speculative aspect encompassing decrease in the quantity and corresponding raise in value either or both of assets

Will it be a guaranteed profit if mined SOF will be sold immediately? Second market will collapse despite decrease in quantuty because if one coin goes down second will follow

Amount of SOF is determined by a deliberate demand for SOLEMN and by the conduct of people intent upon acquiring it for holding the SOF. SOF is not a long-long-term holding or hoarding money, but it can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved due to an inherent stable demand for the SOLEMN.
To say, if SOF and SOLEMN were too cheap, some could wish to destroy 80% of money supply and thus create a pressing demand for SOLEMN, then if additional money flows into his hands, he can use it for dump and an increase of his cash balance. Happens with every cryptocurrency.

[hrt]

sound interesting first for the long time, damn not sure this can be popular but yay i understood this  

i reccomned getting a escrow for ipo otherwise no one is gonna invest

where a reciprocation-based economy of two assets refers to the speculative aspect encompassing decrease in the quantity and corresponding raise in value either or both of assets

Will it be a guaranteed profit if mined SOF will be sold immediately? Second market will collapse despite decrease in quantuty because if one coin goes down second will follow

Amount of SOF is determined by a deliberate demand for SOLEMN and by the conduct of people intent upon acquiring it for holding SOF. SOF is not a long-long-term holding or hoarding money, but it can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved due to an inherent stable demand for the SOLEMN.
To say, if SOF and SOLEMN were too cheap, some could wish to destroy 80% of money supply and thus create a pressing demand for SOLEMN, then if additional money flows into his hands, he can use it for dump and an increase of his cash balance. Happens with every cryptocurrency.

How much SOF is it cost to get one address?

[logictense]

sound interesting first for the long time, damn not sure this can be popular but yay i understood this  

i reccomned getting a escrow for ipo otherwise no one is gonna invest

where a reciprocation-based economy of two assets refers to the speculative aspect encompassing decrease in the quantity and corresponding raise in value either or both of assets

Will it be a guaranteed profit if mined SOF will be sold immediately? Second market will collapse despite decrease in quantuty because if one coin goes down second will follow

Amount of SOF is determined by a deliberate demand for SOLEMN and by the conduct of people intent upon acquiring it for holding SOF. SOF is not a long-long-term holding or hoarding money, but it can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved due to an inherent stable demand for the SOLEMN.
To say, if SOF and SOLEMN were too cheap, some could wish to destroy 80% of money supply and thus create a pressing demand for SOLEMN, then if additional money flows into his hands, he can use it for dump and an increase of his cash balance. Happens with every cryptocurrency.

How much SOF is it cost to get one address?

3 hours of mining would be enough to secure SOLEMN price at the beginning of POW. 0.05X60=3 SOF per one address or 8 addresses per day.

[hrt]

if i understood correctly it is possible to have any amount in money supply 100,000,000 >>>> 5,000,000

[logictense]

if i understood correctly it is possible to any amount in money supply 100,000,000 >>>> 5,000,000

This depends on buying power and bid capacity - how much of SOLEMN investors are willing and able to purchase at that given price. That would be cheaper for strong bids placed tight each other. It is needed only 18 btc to destroy half of money supply at IPO price.

[hrt]

i have a gut feeling that price should be discussable at some point

[logictense]

i have a gut feeling that price should be discussable at some point

Not sure what do you mean.

[hrt]

i have a gut feeling that price should be discussable at some point

Not sure what do you mean.

i am okay to invest if i minimize my risks. make lower price coin is gonna gain its time and momentum once peeps start to realize where they can make quick buck

[logictense]

i have a gut feeling that price should be discussable at some point

Not sure what do you mean.

i am okay to invest if i minimize my risks. make lower price coin is gonna gain its time and momentum once peeps start to realize where they can make quick buck

Hmmm Minimizing the risks doesn't conduce to making price better for recoup anyway. What price would you like to see?

[hrt]

Price of listing on bittrex will be fair

[q327K091]

Gilles Deleuze und Felix Guattari

[catecoco]

It seems a cool concept, but not easy to understand