Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN][CAPT] CAPTcoin - 100% distributed - No IPO - [25 July]
by
jesor
on 25/07/2014, 14:29:00 UTC
Jesor's epic guide on "DONT FALL FOR THIS"


You will make 5$ solving 10.300 captcha's
1. You will have to solve about 103.000.000 captcha's to collect the total market cap:  20.000.000 / (1+0.5+0.25/3) * 3 = +- 103.000.000
2. Market cap will probably at most be $50.000
3. 50.000 / 103.000.000 = $0.00048543689 Per solved captcha.
In other words, You will have to solve 10.300 captcha's to earn 5$.

PS: Oh yeah, and the DEV will make 5 number figures over your backs (and probably abandon it afterwards)
Let's say this works out for you, you earned your money through this captcha slavery from the providers of these captcha systems, what then? Ad selling is over, Referral spam is over, distribution is over, when it gets pushed on a market it will vanish as quickly.

This coin serves no purpose except making you rich from +-103M captcha solvings. I'm only here to warn people not to invest time solving captchas for you to make 1 penny an hour.

I see you're wrongly assuming the origin of my income.

Captcha providers are: reCaptcha, VisualCaptcha and a captcha system created by myself for this project (I have experience in that area).
Of course, none of them generates me any income. They were chosen based on security and difficulty to hack.

The fact people solve captchas doesn't generate any incomes for me. I could say it generates costs, because I needed to upgrade to a quite expensive server to handle the expected load.

My sources of income will be:
  • Donations in CAPTcoin: People can donate here. There will also be an option to donate a small percentage while claiming the CAPTcoins in the captcha form.
  • Added traffic to my sites: After the official sale of Ads (and distribution) is completed, I may add Ads of my own if CAPTcoin.com and forum.CAPTcoin.com have enough traffic.
  • I will create several CAPTcoin services (automated escrow, dice games) and there will be a small fee. I will earn from those services if they get popular (I expect they will).


I simply don't believe you, and you know why? Because anyone would debunk my original post directly with telling me about the captcha providers you use.
You came way too late for that argument now. We'll just have to see to believe it, and trust me, I'll be doing some captcha's and analyse the traffic myself Smiley

And about the server, don't cry so much, there are hosts that cost 100$ a year for the kind of server you need. You should know that if that was your area.