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Author Topic: Give me your best sales pitch why I should buy your PoS coin.  (Read 2120 times)
cbeast
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Let's talk governance, lipstick, and pigs.


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December 27, 2014, 02:59:30 PM
 #1

But please don't bore me with long explanations. Your PoS coin should be so good it practically sells itself.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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balu2
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December 27, 2014, 03:35:57 PM
 #2

buy now or cry later
J. J. Phillips
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Islam and Nazism are belief systems, not races.


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December 27, 2014, 03:46:05 PM
 #3

The only PoS coin I have a few of are clams. I didn't buy them; I got them in the initial distribution last May. Interestingly, most people who got them in the initial distribution haven't bothered to sell them for bitcoins. If someone has clams and isn't selling them for bitcoins, that seems equivalent to buying clams (in the sense of opportunity cost).

If Israel is destroyed, I will devote the rest of my life to the extermination of the human species. Any species that goes down this road again less than 100 years after the holocaust needs to be fucking wiped out.
https://en.wikipedia.org/wiki/The_Affair_of_the_Gang_of_Barbarians
Ilan Halimi: tortured and murdered in France by barbarian Jew haters who'd be very comfortable here at bitcointalk.
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December 27, 2014, 04:04:47 PM
 #4

altcoin motto "buy before the pump, else you gotta dump"

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Don't take any information given on this forum on face value. Please do your own due diligence & respect what is written here as both opinion & information gleaned from experience. If you wish to seek legal FACTUAL advice, then seek the guidance of a LEGAL specialist.
Shuai
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December 27, 2014, 04:38:15 PM
 #5

Pick one of these 4 paragraphs:

Bitshares is a crypto equity. The block producers are the employees of the company and are voted in by shareholders who own the base token BTS. This means that there is no need for a centralized bitshares foundation or that developers have to donate their work to benefit everyone else but get nothing in return. Bitshares is always hiring the top talent in the cryptocurrency industry. Right now we are especially looking for developers who wish to help create open source gateway code (to make it easier for exchanges to run ungoxable fiat gateways).

Bitshares recognizes that ordinary users and merchants do not want volatility. For that reasons the currency tokens in bitshares are market pegged assets, such as bitUSD, derivatives that are backed by the underlying token BTS and pegged to a real world asset. This is how the peg is doing: http://coinmarketcap.com/assets/bitusd/

Bitshares is a project run by developers who are all flaming libertarians. They recognize that the block chain is the ultimate tool for individual freedom, and bitshares as a project exists to provide the framework on which a free society can be built. Here's one of the latest blog posts by bytemaster, the lead developer, explaining how a free society can be based on smart contracts only: http://bytemaster.bitshares.org/article/2014/12/27/The-Benefits-of-A-Contract-Free-Society/

Bitshares has never had much hype. It had a huge bubble when the market pegged assets was introduced, but never had much PR. Bitshares ran one of the biggest ICO's in history through angelshares, and the funds have all been accounted for and used responsibly and transparently (though they did suffer a huge loss as they held all the ICO funds in bitcoin throughout spring because they wanted their money in crypto out of principle.). The bitshares distribution is also very fair, and even less centralized than bitcoin (the lead devs have a smaller percentage of all bitshares than satoshi has of bitcoin). 50% of the distribution come from a 100% PoW coin, the other 50% from the ICO.
mindrust
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Vegeta, What does the scouter say!?


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December 27, 2014, 04:51:03 PM
 #6

PoS = Proof of Stake

No useless crap like mining needed!!

All coins will be distributed by a faucet!!

Distribution is just started on 26th Dec, and it will end on 06.01.15!!

Learn more: https://bitcointalk.org/index.php?topic=905226.0
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December 27, 2014, 07:17:54 PM
 #7

Here's the real answer: "Just in case". No one knows if its a waste of time or not. Better to diversify.

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December 27, 2014, 08:41:57 PM
 #8

Not really a pitch, but I will say take a look at Bitshares.

Why? Bitshares also has a block reward, but unlike a PoW coin, this block reward doesn't go to miners. A small portion goes to the delegates who produce blocks, and the rest is utilised to fund development of Bitshares itself. At current prices, thats almost $3m a year funding for development.

In short, with an inflation rate less than a PoW, it raises funds for itself to improve and innovate.

findftp
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Delusional crypto obsessionist


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December 27, 2014, 08:45:25 PM
 #9

Your PoS coin should be so good it practically sells itself.

Nuff said

1FdwDuV2qgsw2w1Lza8nsea7L6mQxsc7g3
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December 27, 2014, 08:54:01 PM
 #10

I have been buying and mining bitcoin since early 2011. I now exchange almost all my bitcoin for bitshares (bitshares.org).

Check it out. It sells itself.  Wink
nextgencoin
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December 27, 2014, 09:03:09 PM
 #11

But please don't bore me with long explanations. Your PoS coin should be so good it practically sells itself.


You give me one for continuing to support Bitcoin POW when it is now uneconomic for any average guy to mine and only those with already large resources can engage in it? This is before we go into why burning computers and energy around the globe is a sensible thing to do. Bitcoin is now in all practicality a distributed POS coin now and functions as such.

So was the POW distribution of Bitcoin fair? The amount Satoshi holds would destroy any POS coin today under claims of Premine and scam.
juicyjuice87
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December 27, 2014, 10:29:08 PM
 #12

There's only two coins. Bitcoin and Nxt
inBitweTrust
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December 27, 2014, 10:33:03 PM
 #13

But please don't bore me with long explanations. Your PoS coin should be so good it practically sells itself.

Shouldn't this belong in the alt section?

delulo
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December 28, 2014, 12:00:57 AM
 #14

Lot's of quality reasons listed here
http://bitshares.org/the-value-proposition-of-bitsharesx-part-i-core-technology/
http://bitshares.org/the-value-proposition-of-bitshares-part-ii-bitassets/
bytemaster.github.io
FederalReserveofWIP
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December 28, 2014, 12:49:00 AM
 #15

But please don't bore me with long explanations. Your PoS coin should be so good it practically sells itself.

In your post, does PoS stand for "Proof of Stake" or http://www.urbandictionary.com/define.php?term=pos ?


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December 28, 2014, 12:50:24 AM
 #16

Reddcoin : improved pos to deal with the issue of inactive nodes, only coin with an all in one browser wallet (setting it up is like a min long and its an extemtdtion with chrome,).
Agestorzrxx
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December 28, 2014, 04:28:19 AM
 #17

But please don't bore me with long explanations. Your PoS coin should be so good it practically sells itself.
Because pos coin is more secure than POW coin.
When all the bitcoin are mined, there will have no difference between bitcoin and pos coin as nxt.
Hollowman338
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December 28, 2014, 05:11:31 AM
 #18

There's only two coins. Bitcoin and Nxt

/thread
FederalReserveofWIP
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December 28, 2014, 05:39:32 AM
 #19

There's only two coins. Bitcoin and Nxt

/thread

The Federal Reserve of WIP will not hold Nxt as a reserve currency (without further comment.)  We do, however, intend to hold BTC as a reserve currency.

Best regards:

Chairman of the Federal Reserve of WIP
Hollowman338
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December 28, 2014, 05:54:03 AM
 #20

There's only two coins. Bitcoin and Nxt

/thread

The Federal Reserve of WIP will not hold Nxt as a reserve currency (without further comment.)  We do, however, intend to hold BTC as a reserve currency.

Best regards:

Chairman of the Federal Reserve of WIP

Oh no.  Such loss. Cry
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