Shkembe
Legendary
Offline
Activity: 1560
Merit: 1001
Epic Private Internet Cash
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April 18, 2015, 06:10:23 PM |
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biskit
Member
Offline
Activity: 111
Merit: 10
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April 19, 2015, 07:21:42 PM Last edit: April 19, 2015, 09:55:03 PM by biskit |
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what i can do on this map? Drop geocoins for someone on it or check map for coordinates of already dropped coins close enough for you to go there and physically collect them with device/smartphone. Or just write something nice for others to see https://www.youtube.com/watch?v=JK4ge-hw-68&feature=youtu.be
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winmkx
Newbie
Offline
Activity: 86
Merit: 0
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April 20, 2015, 09:15:51 AM |
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This looks like a very good coin. Why is the price going down each day?
Not enough promotion?
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Gizfreak
Legendary
Offline
Activity: 1162
Merit: 1000
Allergic to false promises
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April 20, 2015, 09:58:38 AM |
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This looks like a very good coin. Why is the price going down each day?
Not enough promotion?
Not at this point indeed, but we are still at the beta testing phase. I expect a turnaround once we have a finished, thoroughly tested geocashing system.
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waffles99
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April 20, 2015, 01:16:05 PM |
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This looks like a very good coin. Why is the price going down each day?
Not enough promotion?
Got some big miners that just want some profit the only drawback to POW
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Gizfreak
Legendary
Offline
Activity: 1162
Merit: 1000
Allergic to false promises
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April 20, 2015, 01:30:17 PM |
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winmkx
Newbie
Offline
Activity: 86
Merit: 0
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April 20, 2015, 05:07:26 PM |
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This looks like a very good coin. Why is the price going down each day?
Not enough promotion?
Got some big miners that just want some profit the only drawback to POW Yes, many new POW coins are created every day and they must be sold to pay for electricity and make some profit. Good days when coin was mined by coin supporters are gone. There are miners who mine and sell and there are investors who buy and hold. A POW coin constantly needs new investors to balance this out and that's why promotion is necessary.
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biskit
Member
Offline
Activity: 111
Merit: 10
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April 20, 2015, 08:24:15 PM Last edit: April 20, 2015, 09:50:27 PM by biskit |
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This looks like a very good coin. Why is the price going down each day?
Not enough promotion?
Got some big miners that just want some profit the only drawback to POW Yes, many new POW coins are created every day and they must be sold to pay for electricity and make some profit. Good days when coin was mined by coin supporters are gone. There are miners who mine and sell and there are investors who buy and hold. A POW coin constantly needs new investors to balance this out and that's why promotion is necessary. But this one is well calculated. It takes 28 BTC 0.0001 BTC per geo to buy whole 7 block reward supply. eazy peazy for one person to buy with 28 BTC wall on 0.0001 BTC on bittrex. And with 2*750ti=100W=8Mh/s=12 coins in 24 hours... anyone can mine some also to drop/sell/hold. sell into own wall I support this coin with 3*750ti. Geocoin also offers you to play some GeoCashing. Or just drop 2 years old dept in front of friends place
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stormia
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April 20, 2015, 10:03:43 PM |
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This coin is awesome. As long as Tobler keeps up the good work I have no worries with this one.
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weifa
Sr. Member
Offline
Activity: 776
Merit: 308
GeoCoin Developer - GIS Technologist
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April 21, 2015, 12:35:26 AM |
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This coin is awesome. As long as Tobler keeps up the good work I have no worries with this one.
Agreed, Tobler is a reliable Dev
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Shkembe
Legendary
Offline
Activity: 1560
Merit: 1001
Epic Private Internet Cash
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April 21, 2015, 01:49:08 PM |
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Tob continues his great work, there is many improvements in the map and whole interface already and I hope you can see this soon.
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ol92
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April 21, 2015, 02:23:43 PM |
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This looks like a very good coin. Why is the price going down each day?
Not enough promotion?
Price is going up & down for every crypto coin with periodic highs & lows. Frequently traders pump the coin just before a new feature is released and dump on the release. With most coins, they reach a maximum they never recover again and gradually their lows & high are lower. But for quality coins - I believe geocoin is one of them - they can reach higher lows & highs with dev & marketing progress...
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SecretsOfCrypto
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April 21, 2015, 03:27:51 PM |
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This looks like a very good coin. Why is the price going down each day?
Not enough promotion?
Price right now is irrelevant. Do a little research and you see GEO might have the most potential of all cryptocoins.
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Gizfreak
Legendary
Offline
Activity: 1162
Merit: 1000
Allergic to false promises
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April 21, 2015, 03:37:52 PM |
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This looks like a very good coin. Why is the price going down each day?
Not enough promotion?
Price is going up & down for every crypto coin with periodic highs & lows. Frequently traders pump the coin just before a new feature is released and dump on the release. With most coins, they reach a maximum they never recover again and gradually their lows & high are lower. But for quality coins - I believe geocoin is one of them - they can reach higher lows & highs with dev & marketing progress... You're right about that. The promotion or marketing is still low profile, to avoid high expectations that can't be fullfilled and I like it that way. First we need a decent working geocashing system and that takes time as it is kinda unexplored territory. Then we can look into promoting it and not at this stage of development. btw if you want to contribute to the development and promotion, take a look at https://www.lightlist.io/projects/geocoin-development-and-promotion#
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chinchs
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April 21, 2015, 03:44:05 PM |
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This looks like a very good coin. Why is the price going down each day?
Not enough promotion?
Price right now is irrelevant. Do a little research and you see GEO might have the most potential of all cryptocoins. Wouldn't say "the most potential of all cryptocoins". but real world use, I think the coins with more potential are the ones that enable DAPP's, that's the future of cryptocoins. I disagree about your statement about the price (many times can tell you about the accumulation, distribution, market direction, etc). So, if you are a trader you should care about the price, but if you are an enthusiastic or a believer that want to promote this project, then you shouldn't care about the price. Just an opinion, don't get me wrong.
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Gizfreak
Legendary
Offline
Activity: 1162
Merit: 1000
Allergic to false promises
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April 21, 2015, 03:50:15 PM |
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This looks like a very good coin. Why is the price going down each day?
Not enough promotion?
Price right now is irrelevant. Do a little research and you see GEO might have the most potential of all cryptocoins. Wouldn't say "the most potential of all cryptocoins". but real world use, I think the coins with more potential are the ones that enable DAPP's, that's the future of cryptocoins. I disagree about your statement about the price (many times can tell you about the accumulation, distribution, market direction, etc). So, if you are a trader you should care about the price, but if you are an enthusiastic or a believer that want to promote this project, then you shouldn't care about the price. Just an opinion, don't get me wrong. With dapp you mean distributed application, like the one that eg. Ethereum uses?
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SecretsOfCrypto
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April 21, 2015, 03:56:44 PM |
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This looks like a very good coin. Why is the price going down each day?
Not enough promotion?
Price right now is irrelevant. Do a little research and you see GEO might have the most potential of all cryptocoins. Wouldn't say "the most potential of all cryptocoins". but real world use, I think the coins with more potential are the ones that enable DAPP's, that's the future of cryptocoins. I disagree about your statement about the price (many times can tell you about the accumulation, distribution, market direction, etc). So, if you are a trader you should care about the price, but if you are an enthusiastic or a believer that want to promote this project, then you shouldn't care about the price. Just an opinion, don't get me wrong. The reason I say that is because I look at companies like Munzee or Geocaching.com. GEO already has a nice user base which I see growing to hundreds of thousands of users minimum (of course with developments and marketing). Im excited because there is a very large target market to grow here that is outside of crypto. I don't see many other coins with that right now. For me, the current price is irrelevant as I'm not one of those blood sucking traders. I invest here and will hold for years. A big investor comes in and buys all your GEO, which I think is very likely, and everything changes in a heartbeat.
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stormia
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April 21, 2015, 04:07:22 PM |
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Mmmhm. What got me about this coin is the fact that it has a unique real world use and the potential it has to bring in a lot of people from outside of crypto. I agree that DApps will be big, too, that's why I'm also into Crypti
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biskit
Member
Offline
Activity: 111
Merit: 10
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April 21, 2015, 05:35:13 PM |
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one new teleporter. Beam me up, Scotty
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