Re: [ANN] FedoraCoin (TiPS); New style, new services, same unique features
Hey all, havn't posted here in a while but figured I'd come stop by.
Looks like the same stuff being talked about though. Guys there are a few problems with implementing a new total coin cap in my opinion.
1. Current holders are holding coins based on a calculation for 500 Billion otal coins. Dropping the total number of coins is a direct manipulation of market value in my opinion. Because it decreases maximum market cap based on current market price, directly manipulating the price to rise - making current holders see wonderful gains but based on literally nothing.
Well I guess that is just it. Directly manipulating the market that way seems scammy and myself in my opinion thats all.
Really, I am super happy with the state of TIPS Fedoracoin.
The community is getting more active daily.
New projects and current projects are progressing far quicker than before.
Many people are implementing services, whether the payment gateway, lotteries, or just making it easier to get TIPS.
Also, take this in for a moment.
The TIPS price is not based on as much speculation as many other coins. Dark coin, I use as example for the "dark market" and all that. When the price of a coin rises based on a future feature being released, the coin is not actually gaining any value. 300% gains in a short time are not to be trusted in my opinion. For the most part price increases like that never end well.
Anyway, shameful plug, check out http://worldof.tips, and let us know how to improve
Have a good day all, and GO TIPS
Looks like the same stuff being talked about though. Guys there are a few problems with implementing a new total coin cap in my opinion.
1. Current holders are holding coins based on a calculation for 500 Billion otal coins. Dropping the total number of coins is a direct manipulation of market value in my opinion. Because it decreases maximum market cap based on current market price, directly manipulating the price to rise - making current holders see wonderful gains but based on literally nothing.
Well I guess that is just it. Directly manipulating the market that way seems scammy and myself in my opinion thats all.
Really, I am super happy with the state of TIPS Fedoracoin.
The community is getting more active daily.
New projects and current projects are progressing far quicker than before.
Many people are implementing services, whether the payment gateway, lotteries, or just making it easier to get TIPS.
Also, take this in for a moment.
The TIPS price is not based on as much speculation as many other coins. Dark coin, I use as example for the "dark market" and all that. When the price of a coin rises based on a future feature being released, the coin is not actually gaining any value. 300% gains in a short time are not to be trusted in my opinion. For the most part price increases like that never end well.
Anyway, shameful plug, check out http://worldof.tips, and let us know how to improve
Have a good day all, and GO TIPS
It's great to create new projects and implement services but most of the people don't really care, first they want a coin with a realistic number, not 500B.
Of course it's manipulating the market !! come on who don't understand that ?! welcome to the crypto world...
and of course the price is based on speculation WTF
Right now reducing the number of coins of THE best thing to do if you want to survive at least some months...
I don't understand why you don't want to open your eyes and see the truth.
EDIT: in my opinion a big vote should be made to allow people to choose what's next for fedoracoin, reducing the number of coins or not.
If you are in TIPS for the long haul then a 500 billion coin cap makes perfect sense. Obviously a bit of a push but there is over 7 Billion people in the world. That means if even 10% of the entire world held TIPS, they could only ever hold about 700 TIPS.
So when you think of it that way does it make sens to have a cap smaller, never for no coin ever, unless you want another hoarding coin. You have to think of the future not just the present.
Also, .....
Quote
Of course it's manipulating the market !! come on who don't understand that ?! welcome to the crypto world...
That is the entire problem with the crypto community ridiculous crap like that, ya the markets are maniupulated its true, but blatently wanted to manipulate it to increase your gains at the expense of others, seriously money is great and super, but it is because of such greed the world is the way it is anyways, it is that greed that corrupted the current system in place, and now you all want to do the same to the crypto world, when the whole damn point of crypto currency is the change the garbage system in place.
Again though its just my opinion, theres nothing making me correct, just my two TIPS