Quote from: yeahman809 on August 27, 2017, 05:55:46 PM

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

I like this idea. Of course, you wouldn't need to mail a USB, that's what the wallet program is for, and in the end, moving the coins via the protocol would be a good way to show it can handle bursts of traffic. The issue of price volatility will diminish as the price and volumes go up, but right now you're looking at 5% of the supply hitting the market at once (and that percentile dropping to 2.5% in the November sale, and less than 1% by May 2018 and .5% by March 2019) with the orphan fund sale.

Trying to garner donations from those incapable of setting up the wallet on their pc is going to be tough I think. If you don't understand what you're donating to, you probably won't (or if you do donate, you'll wipe the "free USB" stick and those coins would be effectively "burnt").

That said, I think selling more frequently would reduce the impact, and offering the coins internally to the established users would not only reduce the market volatility could also garner more income. You'd have to set a price that wouldn't cause a windfall for the purchasers (so don't sell for 10 sats when I can turn right around and sell them on C-Cex for 15 sats) but also not put such a premium that you'd be hard pressed to quickly sell the lot (so no 30 sats when I can buy them for 15 sats on C-Cex).

And yeahman, I keep dreaming of ways to overtake you lol