Quote from: holydarkness on August 25, 2018, 09:20:14 AM

Quote from: DummyCoin on August 24, 2018, 08:44:51 PM

Quote from: holydarkness on August 24, 2018, 07:25:41 PM

Quote from: DummyCoin on August 24, 2018, 04:57:31 PM

This is achievable via the listing formula we've described in this thread and in our whitepaper. The coins are being sold for 1 until 5 satoshi. But until the moment we're going to an exchange, we want to be sure we are building a solid community before this listing shall be done.

With a solid community at the background, and the coins being sold from 1 until 5 satoshi. The risk of losing money is very little. On the other hand, at your anyday ICO high prices are being paid before the product is actually on the market. I am not even mentioning the amount of promises that aren't fulfilled.

We won't promise solutions to world changing problems. What we do promise is that we're aiming to become a solid community where self called crypto dummies come together. The more people gather at DUMY the stronger we are.

And the best part of this is, that you won't get DUMY by simply buying. We're doing cool giveaways too, where the community's loyalty is being rewarded in the form of free DUMY.

Okay, you're successfully made me questioning my intelligence, because I failed to grasp how your concept will work agains volatility. I'll try to break it down... You prevent it by offering an "useful" service of, we can agree that it is in a category of, a prank as well as offering the token at 1-5 satoshi. Due to the interesting prank and the relativel low price (1-5 satoshi), day traders won't fail and lost too much, am I correct?

Don't get me wrong here. I totally understand where your coming from with this comment. However, it isn't necessary to have a big time solution to huge problems. We have given a summary of the DUMY usage in our whitepaper. However, with the community growing, we will add more utilities. The input shall be delivered by the community, to the person who has the best ideas in this shall also be rewarded.

DummyCoin is a project, purely driven by its community. For example, Dogecoin also started as a prank and look how stable that project is today. DummyCoin looks like a prank or a parody project, but we're simply giving a wink to the crypto world, by gather all the self-called dummies to our community.

With a community, we can all deliver input to develop our crypto knowledge as a whole. We want to reach that at the end it is fun to be a member of the DummyCoin community. The price isn't the most important thing. Once there's a stable community, with a growing amount of usage possibilities of the coin ,that 5 satoshi is a no brainer. That's what we mean with the risk of losing your money is minimal.

To compare this with the average few-satoshi coins in the market, we're outbeating them at several points. 1: our supply is way lower than the billions the other projects have, 2: we don't give promises we can't fulfill. 3: we are aiming absolute transparancy. The community will be able to see that exactly the amount of coins as in the whitepaper is spent on marketing/promotions and the First Coin Listings.

The listing however will take some time at the moment. Because we realize listing now isn't in favor of the coin. Once we have a solid community in quantity (members) and quality (happiness of those members + healthy organic growth) we will work towards the listing of the coin. In comparison with any other project out there, we guarantee the low risk based on the points i've stated here above.

Interesting, may I know which kind of range of utility you have in mind? As I assume that certainly one category of token would be too outplaced if they expand themselves to a whole other category.

So your coin stability and minimal losing will be acquired via strong community?

Yeah exactly. The community is in full build up. We're having a contest where the community can contribute to expanding the utilities of our coin. As for now, we are also busy writing literature about making the technology behind crypto more easy accssible for the average interested person in crypto. DummyBooks will be something we focus on heavily now.

Other utilities will be thought about. However, we have the time as we don't rush things nor we are trying to list asap or something. Community is key at the moment, at the end that will fully support the price - will be higher than 5 sat - so investors don't risk too much investing in us.

We are planning the first giveaway soon, so being an early adopter also gives you a chance to get some DUMY early.