Post
Topic
Board Announcements (Altcoins)
Re: BiblePay - New Coin Launch - Official Thread
by
yeahman809
on 27/08/2017, 17:55:46 UTC
So I was doing some thinking last night, and in order to address market volatility during the monthly dumps maybe this could be an option.  On the website, set it up to take donations like most charity websites.  People who want to invest in the company and also support the orphans could make donations on the website thus you control the price of the coins.  For instance, say someone wants to donate  50$ a month, you could set up a wallet on a USB stick, and mail it to the customer.  Safe and secure.  Obviously you would need to keep backups somehow, and also maintain a DB with each persons address(pretty trivial stuff there) but say that 50$ a month gets the person 10,000 BBP ... and each month, out of the pool fund, you transfer those BBP to people who are donating on a monthly basis.  This way, people are actually getting an investment, and you could also bring in funds from outside sources other than just the mining community, and not completely destroy the market once a month.  This is just a rough draft of the idea, but It may have potential, oh and still waiting for someone to take #1 spot from me on the leaderboard =) bwhahaha