Re: [ANN] Judge Coin (JUDGE) x13 / 20 day PoW then PoS - July 5th 20:00 GMT
The more and more I read this, the higher judgecrypto seems.
You puff a fat blunt before you thought up all these ideas? Whats the point of a coin that has absolutely no value or practical implements?
I'm a small time miner, just looking for a good time, and I'm not too concerned about profit, but your "This is not a instant profit coin because you can do literally nothing with this coin" attitude doesn't really spark any hope in this coin.
So no plans for the future, then what is the purpose of even mining this coin? I understand that you are giving almost totally control of this coins destination to "the people" but is that wise? I can tell you right now what the community will want added. Anon
How the hell is the price going to be held in check without total control over the coin??
Also I am confused at what role your play exactly with this coin. You talk as if you are not the dev of this coin.
I still stand by the fact that the best distribution method is the open market. There are lots of people who have limited mining resources or have given up on the mining arms race altogether. If a bunch of rigs rape the crap out of the coin so be it. What are they going to do with it? They are in it for a profit. They most likely will dump and dump hard. This will create a buying opportunity for those that cant mine.
"Judge Coin will be a pure PoS coin with a fair distribution through PoW." First it was fair distribution, which this coin is far from, and now its the best distribution method. So you believe that open market is the best distribution method instead of maybe limiting hash or number of accounts and IP can have. If the best distribution method is open market, what is the reason to even sell a coin worth 1 satoshi? The coin will supposedly receive no hype and doesnt have any future plans, what do you even think the value of a empty coin will be??
You say a plan for feature will be released, but when? When a new dev comes in to take charge or maybe when the next next new dev comes in?
This is an absolute must otherwise it'll be bot city.
Does hash limiting also rule out the use of rentable hashing power as it will all come from the same IP?
No, you can still rent but if the limit is 50MHs, then you will have to rent a rig smaller than that, max 43 MHs because sometimes the rig goes higher and if it trips the limit the worker is briefly temp banned.
What is to stop the dev team from operating a private pool and renting hash to "rape" coins?
When the suggestion of limited hash pools was brought up, you ask what would stop the dev team from doing bad things. So what is to stop this "always changing dev" from changing the rules half way because the new dev doesn't like a feature the old dev put in. Trust would probably be the answer to that. The community needs a strong and honest dev that has the better of the coin at mind. With no permanent dev, how could you ever trust this coin's dev team.
My mind keep thinking of europecoin when I read this thread
You puff a fat blunt before you thought up all these ideas? Whats the point of a coin that has absolutely no value or practical implements?
I'm a small time miner, just looking for a good time, and I'm not too concerned about profit, but your "This is not a instant profit coin because you can do literally nothing with this coin" attitude doesn't really spark any hope in this coin.
There is no announced feature and there is no perm dev. The price will be held in check and people will be able to buy effectively. Just my thoughts... other opinions are welcome here too 
So no plans for the future, then what is the purpose of even mining this coin? I understand that you are giving almost totally control of this coins destination to "the people" but is that wise? I can tell you right now what the community will want added. Anon
How the hell is the price going to be held in check without total control over the coin??
Also I am confused at what role your play exactly with this coin. You talk as if you are not the dev of this coin.
I still stand by the fact that the best distribution method is the open market. There are lots of people who have limited mining resources or have given up on the mining arms race altogether. If a bunch of rigs rape the crap out of the coin so be it. What are they going to do with it? They are in it for a profit. They most likely will dump and dump hard. This will create a buying opportunity for those that cant mine.
"Judge Coin will be a pure PoS coin with a fair distribution through PoW." First it was fair distribution, which this coin is far from, and now its the best distribution method. So you believe that open market is the best distribution method instead of maybe limiting hash or number of accounts and IP can have. If the best distribution method is open market, what is the reason to even sell a coin worth 1 satoshi? The coin will supposedly receive no hype and doesnt have any future plans, what do you even think the value of a empty coin will be??
You say a plan for feature will be released, but when? When a new dev comes in to take charge or maybe when the next next new dev comes in?
Also just a thought, but if limiting the hashrate spreads among new coins, a captcha should be required to create a mining account on the hashrate-limiting pools, otherwise large farms will just automatize the creations of lots of accounts xD
This is an absolute must otherwise it'll be bot city.
Does hash limiting also rule out the use of rentable hashing power as it will all come from the same IP?
No, you can still rent but if the limit is 50MHs, then you will have to rent a rig smaller than that, max 43 MHs because sometimes the rig goes higher and if it trips the limit the worker is briefly temp banned.
What is to stop the dev team from operating a private pool and renting hash to "rape" coins?
When the suggestion of limited hash pools was brought up, you ask what would stop the dev team from doing bad things. So what is to stop this "always changing dev" from changing the rules half way because the new dev doesn't like a feature the old dev put in. Trust would probably be the answer to that. The community needs a strong and honest dev that has the better of the coin at mind. With no permanent dev, how could you ever trust this coin's dev team.
My mind keep thinking of europecoin when I read this thread