Re: [neㄘcash, ᨇcash, net⚷eys, or viᖚes?] Name AnonyMint's vapor coin?
pre mine is a big no, but i don't care if it is POS or anything else as long as it can survive and its price goes up.
And if there is a premined coin with 1 millions users and growing faster than Bitcoin, then you are just going to let the train leave the station with you left behind because of your irrational bias?
Do you really think you can fork an inertia like that.
If the price of Monero in bitcoin terms can be somewhere around 0.005, it is already very good. I hope that ratio can be kept long term.
The question is, how it can be pumped there.
The answear: by bidding it up there.
The next question is, how it is bidded there.
The trivial answear: by pouring money into Monero and bailing out the dumpers who eventually sell too early.
And why write that if you are confident
Obviously the only reason to write that is to try to manipulate the psychology of others and cause them to want to buy so you can dump some.
True confidence comes with silence and massive adoption and feature sets.
Donation funding model or not, BS walks and action talks.
4. Most fundamentally to Synereo's design is I don't see how Greg's math model for the attention model (Reo & AMPs impacts) can be enforced on all nodes. I admit I didn't dig into the math and research he cites in the 56 page white paper (I do sort of understand it conceptually), but i think I don't need to because there is no way to enforce that all nodes will run the same math model. Additionally I think the concept of paying with AMPs to force content to move uphill against Reo is the wrong model, because the value of advertising is orders-of-magnitude smaller than the value that users get out of social networks. Thus the only model that makes economic sense is Reo. Removing AMPs of course destroys Synereo's funding and profit model, so would kill the project. Thus I don't expect them to adopt a corrected design.
Can you elaborate on the bolded part of your statement?
Go back to the prior Synereo thread I linked to and find the link that shows how much download music pays per play funded by advertising. You can see that "Don't Worry, Be Happy" with 30 million plays earned a $1000 in payouts. Certainly the value people get out of the music is worth much more than the advertising and this is apparently why free music distribution sites such as SoundCloud is transitioning away from advertising model towards a subscription and track sales model a la Spotify and BandCamp.
What people want to find on social networks is what other people want to share. They don't want to find what people were motivated to pay to spam them with. The Knowledge Age economy will be about quality of production, not salesmanship.
The entire paradigm of commerce and production is changing to one of merit and social benefit.
I never take any new altcoin seriously.
Then you won't necessarily buy at the very low prices if Bitcoin's adoption and price history is duplicated.
Of course though I agree with you, but I can analyze which coin will be the next Bitcoin so I will likely know it very early. You probably can't.
Yours would be the only altcoin I would not hesitate to buy right off the bat, no questions asked. And you are absolutely right about my skill set.
Thank you but that also makes me feel uncomfortable. Hopefully you will invest on the merits of the product, not just the developer. There is a big difference between talking here on the forum and performing as a developer. I have to make that transition.
Thanks again for the encouragement.
Maybe I can sign off with this message. Hope so...