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
I think your view is mislead. Hes not trying to over hype the coin is the point. He does have faith and plans on putting his own investments into creating this coin. That should say enough that his own money is creating this. Not your money, not IPO funds. Hes using his own money. That alone shows he cares enough to create something thats not meant to be dumped and doesn't have unreasonable expectations. Hes not trying to force people to mine it and I personally think any form of limitation on hashrate is just a WASTE OF TIME AND EFFORT. It will cost far too much and it really doesn't make that much of a difference. yes it may have worked ok for MIN coin but nobody cares about singular success over such a horrificly difficult to accomplish idea (if you think its easy to regulate hashrate you try).
Just my opinion but regulating hash seems like a waste of time for any coin. If any whale wants in they will buy in. They dont need to rent the hash or have a super farm to make it happen. The amount of effort wasted on a majority PoS coin really seems redundant. If theres a problem with a giant farm holding it will get sold.. and people if they truly believe will buy it up.
He may not be making any un reasonable promises as many coins have but hes showed nothing but truth. Hes been transparent. Asked for opinions and tries to use what he can as he is making the coin. He may not be a developer himself but developers are what have been ripping people like you and me off. We now have someone who truly cares. Judge will keep up with this coin. He will do what he can to implement new features. But the fact that hes not making any false promises or eluding to some special system that doesn't exist just makes me trust him more.
His attitude points towards this:
what big profit hungry farm (or whale) is going to mine a coin with no hyped future. There should be no reason for them to jump on judge and ruin it for others. Yeah this means its not the most popular and will need features in the future to bring in new crowds. but its better to start low and work your way up then to start high and try to keep it there. Especially with false hopes or unreasonable expectations.
I believe in Judge and I truly believe he will be around for a long time. I also believe he is more dedicated then 99% of other devs and even as a non-dev himself he will take this coin further then most. I feel its a safer option to mine judge then it is to mine any of these crazy new coins popping up everyday. I am in it on this one
. trust in the cryptojudge! Thank you Mastermine! I appreciate the support!
I have setup www.JudgeCoin.com as the central working grounds for the new coin. That is where the discussions of features and marketing will take place.
Time to make crypto honest and fun again!