Post
Topic
Board Announcements (Altcoins)
Re: [ ANN ] Transit Coin [ TNT }
by
suchmoon
on 01/06/2015, 16:25:16 UTC
Escrow option:

Finalize the escrow the buyer want to use ( only trusted escrow service will be accepted )===> inform us how many coins u want to buy ==> we will send the coins to escrow and buyer will send the BTC to Escrow===> Escrow will hold the fund equal to 1$/coin for 3 months. :-) ( If the buyer want to sell back the coin they can contact escrow for the same and get back the funds by giving back the coins he bought and stake generated)


Note: Only buy coin using escrow. Else don't buy at all.


How will you handle BTC exchange rate changes? If BTC goes up to $500 will you still guarantee $1 per coin? If BTC goes down to $100 will you pocket the difference?

Why 3 months and what happens after 3 months?

How will you track "stake generated"?

I could go on for quite a bit more but I'm getting a feeling this is a waste of time. If you think a vague forum post like this will add any credibility to your coin I think you're mistaken.

I suggest bitpop and Paul Revere as escrows. They are my sock puppets (allegedly) therefore inherently trustworthy.