Quote from: TPTB_need_war on September 13, 2015, 03:39:03 AM

Quote from: Crestington on September 13, 2015, 03:18:59 AM

So you have no plan as of yet as to how you will distribute the Coins, nor of this controlling group or any project costs, is this correct?

I believe the controlling group is fairly certain it will distribute some coins via trickle ICOs post launch as specific development assignments are tasked to build the ecosystem. And it will distribute the rest of the coins via proof-of-work to the users of the coin. Mining will be unprofitable if we achieve that technical design goal. Only users that send transactions or who don't count their insignificant electricity cost will mine.

Project costs will be as high as we can find ecosystem projects to fund and the market cap can bear. Because that is a virtuous upward spiral.

I assume all these specifics will be set by launch.

Quote from: Crestington on September 13, 2015, 03:18:59 AM

It does not seem like you know yet how you will achieve initial funding or continued funding, nor the effects of price vs. mining as that concept assumes that you will have constant investment in order to counteract the falling price due to the cost of mining.

Are you deaf, dumb, and blind? Did I not tell you we had nearly $75,000 of angel funding lined up and ready to go. We haven't availed of it but it is there. And I haven't even included my friend rpietila in that.

I told you that the latest plan is trickle ICO after launch for continued funding.

Miners won't be selling. They will be spending the coins in the ecosystem, driving the velocity of money higher, driving the prices of the coin higher.

Did I mention I am going to kick your ass. And you should just watch and learn some new tricks.

Quote from: Crestington on September 13, 2015, 03:18:59 AM

This is not to discredit your work, I'm sure if it gets completed one day it will rest on it's own merits, however if you are spending money on lawyers and trying to sue everyone for libel any time someone challenges your ideas then you are going to waste a lot of money, which could be put to better use elsewhere.

How I spend my personal funds is none of your business.

Why the fuck are you trying to control my life? What is wrong you people?

Quote from: Crestington on September 13, 2015, 03:18:59 AM

Quote

Quote from: Crestington on September 13, 2015, 01:58:35 AM

2. What is your plan on adoption and use of the system? Instantaneous transactions are largely irrelevant if it cannot be used by the general population

Watch and learn.

This is not an acceptable answer and equates to "I don't know"

You were told earlier in the same post and that was a test of your reading comprehension.

Quote from: Crestington on September 13, 2015, 03:18:59 AM

So to summarize, you have no inflation or distribution models, no plans for adoption, no method for initial or future funding, no examples for tests or product, yet are threatening lawsuits for people calling it vapourware.

Did I not write already that the Smoothie's libel is accusing me of being a scammer and having no evidence that I am a scammer.

Have I not explained to you that I am not promoting any coin. I am here in the Altcoin Discussion forum and was discussing the idea for a name of the coin I am in development on and soliciting discussion on the development and potential developers. This is a normal mode of open source development.

Open source development is not scamming.

You guys have some serious retardation with reading comprehension and definitions of words.

If you do a trickle ICO with POW mining then miners will sell their Coins, at some point the mining will be profitable and if not then people will not mine it. Miners always sell because they need to make ROI on their investment in the mining hardware.

If your project costs are as much as the marketcap can bear then it will cause a crash in price and investors will be left holding the bag for years.

If I were an investor in your project and gave you my money, you could be damn sure it would be my business to know what that person is spending my money on and whether it can be justified.

You want people to "trust" you but will not go out of your way to provide undeniable proof of the things that you are claiming, this equates to negative trust.

Quote from: TPTB_need_war on September 13, 2015, 03:40:31 AM

Quote from: Crestington on September 13, 2015, 03:32:00 AM

Do you have links to your whitepapers you published?

No. I will repeat for the 10th time, that I am not going to reveal the intellectual property to non-developers of the coin before launch. Why should we give away our secrets to our competition. Duh.

You said you produced some whitepapers, I wrongly assumed that would mean that you would produce some technical papers or proof of the things that you are claiming, my bad.