Quote from: Alao on March 19, 2017, 06:47:54 PM

Quote from: CryptoNick on March 18, 2017, 04:25:00 AM

Quote from: nickgogerty on March 17, 2017, 12:33:04 PM

http://www.electricchain.org/ekwateur-shakes-the-old-world-of-energy-suppliers/ Blockchain first. Solarcoin can now directly buy electricity in France.

Isn't this backwards? Buying electricity with Solarcoin? If an electric utility accepts Solarcoin as payment for electricity the home owners can augment their off peak production, but they give away their coin cheaply to be sold off and drop the price. Problem is not enough value to pay the Utility with right now for Claimers to truly augment their bill. A claimer won't have tons of coin, PoW holders will have massive amounts though so good for them, but this is just like PoW holders going to the Exchange and selling. I guess there must be a boost of $1-$10 a coin coming soon to make it viable for claimers but PoW holders will trounce the market.

Utility companies won't hold the coin. This starts the leaky ceiling as to how much the Utility company accepts and sells vs how many claims get sold off vs how much PoW coin drops the price.

Hope it works out though, and at least it is a step in the right direction if the market supports the sell offs.

Something I had suggested initially that was disregarded, would be to take each claim and give them the current dollar amount of their installation in SLR. Then you have incentive and distribute coin. So it is a receipt of the worth of the Blockchain. Different meaning to marketcap now as every SLR would be backed by the money invested in Solar Panels. This could also create a ledger and you still get your KWH production. Now the PoW coin holders won't have the upper hand. If the Claimers Sell off then oh well it dumps the price but the incentive is to get SOLAR PANELS and this would be the ultimate incentive instead of making the market Move to the Claimer you make the Claimer move to the Market.

So right now 8 cents an SLR. $25,000 investment in Solar Panels gets the claimer 312,500 SLR. If the price moves up to 50 cents the claimer gets 50,000 SLR. Or you could even put a Bounty on a Panel. Each Panel is worth X amount of SLR in retail. Many ways to do this, even at the retailer and only on new purchases so the Retailer holds the accounting proper and no funny business. Maybe an internal PEG to distribute the SLR with being $25,000 multiplied by 10=250,000 SLR. Just need to eat up the Claim Coin slightly slower. But the PEG gives a wedge to the price point hopefully if you don't want it to slam to 1 satoshi.

I like the Dollar Equivalent idea better though, if the price drops it is even better for the claimers, hopefully this will be what happens. Being that it automatically drives the price down to stabilize the coin for 40 years. Then once the claims are gone the coin will be distributed and people can then gain value exponentially. First because they own Solar, second because they can trade for things or sell back their coin to the Utility company. At any rate the utility company would follow the market in any direction and will accept payment at whatever rate the market is at. So they will always be on the massive hedge or follow it down into the 1 satoshi range.

Another great scenario is that Bitcoin could go to $4000 a coin. This would PEG Solarcoin at what I had always suggested the best most stable price point of 1 satoshi and an excellent entry point for anyone coming in from Bitcoin at 1 satoshi since it will store value and also grow with Bitcoin as it hogs all the energy just to make SLR worth something... lol had to throw that in there.

1 satoshi right now gets a claimer at the current price of Bitcoin being approx $1000... 25 Bitcoin=$25,000 and a claim worth 2,500,000,000 (2.5 Billion SLR). When people take profit in Bitcoin they now have a place to stash it by buying into SLR. This creates a side market now. People who bought in to SLR from Bitcoin at $1000 can now sell at $4000 and make 4x their money at 1 satoshi. Doing nothing but holding SLR and supporting people buying Solar Panels. You can't sell lower than 1 satoshi so you can never lose unless Bitcoin drops from $4000 to $3000. And at that point you should be hedging out of Bitcoin into SLR again. Then down from $3000 to $2000 and even losing more down to $1000 you can always hedge and save your value. You are also buying at 1 satoshi ever time. Since you will be putting your buys in at 1 satoshi and fulfilling the market demand from the Utility company. Then once BitCoin goes back up people can buy back in and take out your position at $1000 and get you to $2000 again to double your money.

So now what happens is a glut of SLR and people need a way to use it for something. It is always Pegged at 1 satoshi as there will be so many more claimers than PoW holders and most would have sold off hearing this news anyways and drop the bottom out of the market of what... 8 Bitcoin on the Bittrex exchange right now.

So now you have the perfect Store of value and incentive for Claiming. As we know Bitcoin will move up and up and up. So let the Leaky Ceiling Rain and allow Solarcoin to go down the drain to 1 sat and it will benefit massively once the claims are all gone. Again this could be done many ways and possibly keep the market from going to 1 sat very quickly which is still the same amount of SLR (Claim Value) each claimer gets. Be it at 1 satoshi or 7K.

I hope you realize at any point people could get out of BitCoin and drive SLR up Exponentially from 1 satoshi and even turn the tables at that point since it would be a mass exodus from Bitcoin to SLR if the price does move down on BitCoin. Most people would know how to save their investment by getting out of Bitcoin as it drops and it would be almost like a bank run out of BTC into SLR. There would be no stopping the momentum if it ever happens that enough BTC holders see the exponent of SLR happening from 1 Satoshi.

Good to see you back nick. One thing you have forgotten to take into account is the Lykke exchange. At any given momment they have roughly $8,000 SLR for sale and to buy. I've seen the volume go to about $20k a day. They are market makers and provide liquidity with tight spreads. You can buy SLR with EUR,USD,GBP,JPY and BTC. In the past month there was more volume on Lykke than Bittrex so if somone were to try and crash the market on Bittrex they would only be hurting themselves. You could easily off load 1 million SLR over the course of a couple of days on Lykke.

Thanks! Haven't paid attention lately but Lykke should be a gateway into SLR hopefully, rather than out. Guess most PoW hardcore holders wouldn't leave anyways until $1 and up. Glad to see the bump up in the market.