Post
Topic
Board Alt Coins (Nederlands)
Re: e-Gulden: Foundation out of the closet
by
Brito
on 18/10/2014, 12:11:22 UTC
Every initiative to elaborate the cryptocoin ecosystem is to be cheered.

I don't agree, a lot of them are scams and create a negative image on cryptos. Once people get taken for a ride some of them may never return and tell there mates about the bad experience they had.
"Just stick to bitcoin"
If you mean "Just stick to the Bitcoin blockchain" that is not an option. Bitcoin is designed to allow multiple blockchains. The litecoin develpers understood that and discovered the parameters. You will not be able to stop that by telling people what to do. So live with it. Be comfortable with the idea that the market will decide and make your own good decisions.

Even if a countrycoin would be 100% premine, owned by a single developer it obeys the rule that he cannot print more of them. If he convinces his fellow countrymen to accept the coin, he will have less and they will have more. It is as simple as that. If you envie him then make your own coin and try to make it better. If you convince me I will buy it ! And that will my descision.

Scotcoin is proof 100% premine doesn't work. It has no volume. Unless you bringing out serious innovation that would require a lot of investment it won't work. When you have a premine everyone expects the holders of the premine to do the work.
I see no proof that Scotcoin couldn't work. If you say "everyone expects" then you suggest to be talking on everyones behalf. I suppose it is you that expects that "everyone expects" that the initators will do all the work. Maybe you are close to the truth there in Scotland for the time being, but the fact they just missed the 50% votecount does not mean they cannot build a community around a crypto-coin.
People need to be educated !!

What I see here is a foundation that has no intention to keep a penny of their premine.

How do you know that? A foundation is just a pretty name for a centralized entity (like a bank) , this type of structure does not work with crypto principles as it puts all the trust in one or a few individuals.

So to get back on topic of my initial response, we need 1 countrycoin to succeed for others to get investment again. A really good recent example of this is CANN, now all the weed coins are getting attention.
I don't know that. I see symptoms that make me trust them. I see concentration of knowledge, I see community-building, local propagation, education, support, competition, all kind of things Bitcoin can't offer by itself. Don't talk on my behalf if you say "we need". People can decide for themself.


On the first point you misunderstood my "stick to bitcoin" comment, when people get scammed they will be less inclined to risk it on another altcoin.

Point 2, Scotcoin is the worst of the worst scams I have ever seen in my life. 800 million coins just created out of thin air.

Point 3. looking at your official forums, all I see is 1 person called Nelis posting and sometimes the other 2 foundation members. I don't see many others contributing. This is my point about the premine, without Nelis and Anonylz on btctalk I think EFL would be dead.

Here is a pure example of someone that owns 1% of the currency waiting for Nelis and a few others to make it happen.

http://forum.egulden.org/index.php?topic=707.0

EDIT: I see Nelis and Anonylz is the same person.




I see you suffer from the same impatience as many others. Although many people in your world are probably able to handle their monetairy wellbeing, many people I know still havn't got a clue. I used to work as an auditor before moral issues made me quit. Ever since I try to explain money to people, most of them don't want to listen. My 88 year old granny understands bitcoin for 100% because she did take the time to listen and that's why I think I'm good in explaining stuff to people. For this reason I am currently contacting different colleges and unversities, for example http://www.nhtv.nl/wohbo-bachelors/games/international-game-architecture-and-design.html (based in my hometown.) Because we have a pre-mine, we have the ability to, in example, grand a prize to the freshman that designs the best game with e-ƒl implemented.

The reason why our forum is not active, is because many people in the bitcoinworld have negative emotions about our coin and don't want to take part/rather join a different alt. Our progress would accelerate if more people would help, but I believe the current team has proven in the last months to be capable of managing all problems rather well. As soon as our technical basis is sufficient we will be able to attract new people for which we have many ideas. Also my neck issues make it still impossible for me to actively go out to people, but will soon be over.

I personally don't understand the people that spend enormous amounts of energy talking about how something will not work. You can say the coin would have been dead if we wouldn't have been there, but we where, so in what way is that adding something to this discussion? It's like the poster earlier that suggests I am fakeposting, suggestions like that stall development tremendously, because if those people would have used that energy in co-operation with us, but let's not travel the same route...

Mate you talk about morals and bad energy while supporting a scam like it's the second coming.  You are essentially giving credit to the developer who did not have your vision when creating efl. I would actually believe the above as sincere if you started your own coin.