Quote from: Dr. Finance on April 21, 2014, 03:09:50 AM

I am a self taught expert in many fields that believes bitcoin and related cryptography technology is the biggest innovation since the internet. I believe in this technology because it solves widespread issues that amazingly still exist in the world today like long transaction times, banks taking up to 7 days to transfer money. Transaction fees, it's insane the amount you have to pay to use your own money. Central banking the nerve some of these people have that they think they have a say if and when you can access your own money.

$100,000 of my own wealth will be locked into a new crypto that I will create. This Crypto will then be broken up into 100 shares (note: I am considering breaking it up into 1000 shares) that will be distributed to members of the crypto community. The application process to have a chance at receiving a share will be up shortly. All participants can only get one share and I will receive one share. I am an expert in many things but to do with this matter more specifically economics and finance and I believe this crypto could x100 in growth and I would be able to receive back my $100,000 investment if I wished simply by this appreciating in value.

This Crypto will not be doing an IPO of any sorts but simply an initial contribution of $100,000 by me to create a sort of diamond standard. You may have heard litecoin is silver to bitcoins gold, well then this crypto will be diamond to bitcoins gold.

When the application proccess is up you will have to demonstrate any achievements you may have had in the cryptography field, how you would further this crypto and what services you could provide it (get vendors to accept it, run a service that would accept it at the start etc.) by having a strong high number of effective people holding this crypto it would have the backing of one of the best communities in crypto.

What other developer can you say has such faith in their project that they will put in $100,000 of their own money and believe they can get that all back with their projected x100 growth? I'm not saying I would immediately dump at x100 all, to tell the truth it is highly unlikely I will sell this for fiat.

I am already working on the coin and the remaining coding itself will not take that long, on the technical side I would be able to launch this coin very soon. technical details of the coin will be up in do time along with an official announcment. I am however keen to see the interest the crypto community has in this project so leave any thoughts you may have.

LOL! If you're really going to invest 100K of your own money in this project, then prepare yourself for making a huge loss.

100K will be 10K after 5 or 6 months Cry