Quote from: HardwarePal on March 14, 2014, 06:27:13 AM

I was going to personally release a "Cyprus Coin". I have held back and only slowly progressed on the idea to strategise exactly how to execute it for a good launch as new crapcoins come out each day.

I have spoken with multiple devs , people that have helped launch successful coins , I am trusted in the mining circles, aswell as a SEO/SEM with a big portfolio of large sized clients, have an established website and quite a few connections and backers in the tech blogosphere.

Im not saying if I launched it would become the next Bitcoin but theres more to it then just copy pasting Aurora, Maza, Spain Coin etc etc.

My opinion on Aphrodite coin (no pun intended btw)

1.The 75% premine is outrageous.

Miners do not like greedy people , they pay for hardware , electricity and dedicate alot of time to get setup and running. They have to make money back or network hashrate will drop like a rock, if you even get it high enough to make a difference.

2.The airdrop has no logic behind it.

I have surveyed Cypriots young and old and they have a hard time realizing how to cashout and what this whole "new craze" is. (a good example being Neo and Neo-Bee which is running multiple offline and online campaigns in Cyprus as a Bitcoin payment processor (similar to JCC).

3.The Cyprus Goverment is corrupt. You will probably be flamed or not given any attention for your "so called" currency. Iceland has a public database of peoples ID's. Cyprus doesn't have anything like that and your going to have a pretty hard time getting that info , if ever.

4. Do you actually have a big enough hashrate to secure the network ?

5. Do you know how to set buy and sell walls so prices don't tank ?

6. Have you thought of how to counteract against deflation, as well as multipools pump and dumping the coin to death ?

7.Going against the EU and stating your name and phone number will probably get you killed pretty fast.(BEWARE)

I have another 100 things to say but theres no point.

BTW.
I spoke with Jackson Palmer ( The guy behind DogeCoin) and gave him interesting food for thought on a idea I had on how to push DOGE to the mass public and the moon at the same time.

Cheers from Paphos,Cyprus Wink

This!