Post
Topic
Board Announcements (Altcoins)
Re: [FIBRE] | 650k | FibreConnect | FibreDark | FibreLock | Cryptsy,Bittrex,Poloniex
by
belibeli
on 07/10/2014, 14:12:17 UTC
Personally, I don’t really like the idea of Fibrelight, giving the trend of Lites following the heavies. I think it’s a rip-off and its success is not dependent on the developers but the market. In this case, it might actually be success. Or not.  But, for the sake of debating, here is my bluster:

1.   Fibre should be different from FibreLight, not only in scarcity. Think of a way for it to be always better. Your silver vs gold methaphor is not the best in this case, scarcity between these two metals is not the only thing that dictates the gap in price. Here are a few questions that need to be answered by the developers:

A.   How will you link the two coins?
B.   Why should I choose FibreLight instead of Fibre? Why should I choose Fibre instead of Light? These two coins should be clearly marketed at two different set of people and needs. Who are they? How will you market to those people?


Let’s presume for a second that crypto is the future of money and that who gets ahead at this genesis will have a future currency that societies will use afterwards. People compare crypto with the dawn of the internet, and then, me, an already paranoid investor in property, in fiat, in gold, in silver, in gems and now in crypto, I start questioning your motives for trying to release a second hand currency without backing it up firstly in the original currency. The Fibre name, logo and creators are not enough of a guarantee for me in this unregulated market to be proof of something to be gained. I don’t trust boards, governments, corporations and neither should you. I trust my family and I trust innovation. Fibre has proven itself so far to provide innovation. Is it ready to create a family? Are the developers unscrupulous BTC hungry opportunists? Or are they regular people as you and I that genuinely believe they can be part of something great? It yet has to be seen, tested and proven.



2.   If FibreLight should ever be conceived, it should be at most 10% ICO (9.000.000 coins) and the rest of 81.000.000 coins distributed procentual amongst the Fibre wallet staking addresses at the FibreLight launch T-0.00 moment. The holders of Fibre should get around 90% of the Fibrelight supply, meaning 124.6 Fibrelight/1 Fibre owned. FibreLight ICO should start at 0.00001.

If all the above questions are answered correctly and the correct conditions are met*, I will personally buy 30 BTC worth of the FibreLight ICO. This is my pledge!  

*Revisions pending by the Fibre community.