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Please don't support this centralized scam.
Creating a coin that is centralized.
When bitcoin is about the opposite.
Creating a coin that is centralized.
When bitcoin is about the opposite.
Please provide proof when you tell people it is a scam.
After a long time reflecting over Coinaaas current setup, we have decided to implement a few changes. For the first 15 Coinaaas we sold, we took a 11% fee. We have decided to change this fee structure. We will from now on take 0% fee for people depositing NOK for Coinaaa. If you buy one Coinaaa for 10 000 NOK, we will store those 10 000 NOK.
There will be a fixed fee at 600 NOK for each deposit/withdrawal of Coinaaa no matter how many Coinaaas you chose to convert.
We will transfer the 11% fee that we took from the initial Coinaaas back to Coinaaas real assets (minus the fixed fee).
More updates coming.
https://www.coinaaa.com/2014/07/09/coinaaa-is-changing-100-of-the-value-is-stored-instead-of-89/
There will be a fixed fee at 600 NOK for each deposit/withdrawal of Coinaaa no matter how many Coinaaas you chose to convert.
We will transfer the 11% fee that we took from the initial Coinaaas back to Coinaaas real assets (minus the fixed fee).
More updates coming.
https://www.coinaaa.com/2014/07/09/coinaaa-is-changing-100-of-the-value-is-stored-instead-of-89/
Re: [2014-07-09] Have Brock Pierce and Realcoin copied Coinaaa?
"stable and secure currency with little to no volatility"
Stable? How is a currency that is continually losing value "stable"? Anything backed by fiat is not stable when fiat is actively debased.
Second, sure, if I price a banana in bananas, then I can always buy one banana for one banana and it gives perfectly zero volatility. They have no volatility in Krone terms because it is priced in Krone. Ditto for Realcoin except in dollars.
Combining fiat currency with crypocurrency is the height of stupidity, you get the worst of both worlds.
Stable? How is a currency that is continually losing value "stable"? Anything backed by fiat is not stable when fiat is actively debased.
Second, sure, if I price a banana in bananas, then I can always buy one banana for one banana and it gives perfectly zero volatility. They have no volatility in Krone terms because it is priced in Krone. Ditto for Realcoin except in dollars.
Combining fiat currency with crypocurrency is the height of stupidity, you get the worst of both worlds.
Have you read our information at Coinaaa.com? Coinaaa is a non-inflationary currency. Not sure where you get your info from. It does not lose value, the nominal value will increase over time, the real value will most likely stay the same. https://coinaaa.com/
I didn't see incorporated registry license nor mention any bank acct with real fund back it up.
Not that I am little paranoia after losing $100k+ investment in Cryptos...
That's a lesson learned. Never trust anyone in the Crypto world until earned.
Not that I am little paranoia after losing $100k+ investment in Cryptos...
That's a lesson learned. Never trust anyone in the Crypto world until earned.
You can see that we are registered here: http://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=913378679
And we will have quarterly audits of our assets, first one is up in September: https://www.coinaaa.com/audits/
I have invested some money in this currency and believe it has a great potential since it is a mixture of the "old traditional" banking system and the "new innovative" digital currency. The reality is that a bitcoin today is worth about 3850 NOK/BTC even that the "backed up/real value" is 0. Coinaaa right now has a buy back price that can be requested at any time from Coinaaa AS of 9600 NOK/AAA. The speculation price therefore should be 9600+3850=13450 NOK/AAA if people had the same belief in AAA as in BTC. Personally I will use Coinaaa as a safe resting-place for my digital currency when bitcoins are falling in value. If you do daytrading it could also be a great currency to "park" your digital money. Since it has a fixed buy-price per month you can be assured that the value will not change a lot during each month.
A minor correction, the buy back price is currently 8600 NOK, but other than that, you are spot on!
What value? I still remember StockCoin, or whatever the name of that scam was... Furthermore lightning fast is for example PayPal, similar to what You are trying to do here. I can´t believe that anyone wish to put money in this.
Some might want a more stable and what seems to become a more legit cryptocurrency.
saw this...
"Coinaaa is based on Bitcoin 0.9.1 with Peercoin EMA algorithm using 30 block timespan and a block interval of 284 seconds. 87 billion Coinaaas with 0 value have been pre-mined by Coinaaa AS. There will never be created more Coinaaas.
Coinaaa has 0 in transaction fee and 0 rewards of mined blocks. Coinaaa has a centralized mining system meaning that no other party than Coinaaa AS can mine Coinaaas. This makes it impossible to attack Coinaaa with e.g. a 51% attack."
Isn't this like a bank? Why would anyone want to mine and process transactions for this currency? And if Coinaaa is just going to mine it on there own to process transactions then I don't see the difference between this an a bank.
"Coinaaa is based on Bitcoin 0.9.1 with Peercoin EMA algorithm using 30 block timespan and a block interval of 284 seconds. 87 billion Coinaaas with 0 value have been pre-mined by Coinaaa AS. There will never be created more Coinaaas.
Coinaaa has 0 in transaction fee and 0 rewards of mined blocks. Coinaaa has a centralized mining system meaning that no other party than Coinaaa AS can mine Coinaaas. This makes it impossible to attack Coinaaa with e.g. a 51% attack."
Isn't this like a bank? Why would anyone want to mine and process transactions for this currency? And if Coinaaa is just going to mine it on there own to process transactions then I don't see the difference between this an a bank.
The big difference is that all Coinaaa is backed up by real value, including being a cryptocurrency with lightning fast transactions. It has new possibilities. It is supposed to be a supplement to other cryptocurrencies and could be a nice entry point for businesses.
Partner up with Coinaaa:
Partners (Distributors and Sellers) can buy Coinaaas in bulk for a
discounted price. The discount is taken from the original administration fee of 11%.
The value that are stored as Coinaaas assets will never have any discount.
If you want to become one of Coinaaa ASs partners, contact us here:
https://www.coinaaa.com/contact/
Partners (Distributors and Sellers) can buy Coinaaas in bulk for a
discounted price. The discount is taken from the original administration fee of 11%.
The value that are stored as Coinaaas assets will never have any discount.
If you want to become one of Coinaaa ASs partners, contact us here:
https://www.coinaaa.com/contact/
I have read the website 
so what makes this coin any different ?
so what makes this coin any different ?
1. Real assets backs up the currency = it has a minimum buy-back price
2. It has a centralized blockchain with 0 rewards and 0 tx fee.
if I am not mistaken
Banks have centralized blockchain
how is that a GOOD thing ?
Coinaaa is a supplement to decentralized cryptocurrencies. Coinaaa has advantages and disadvantages. But together with Bitcoin we believe we can create a good environment. We hope Coinaaa will be able to bring investors a stable solution.
Happenings this week:
Coinaaa became tradable on Bittrex.
Coinaaa AS has sold out its May batch consisting of 20 Coinaaas at the starting price of 10 000 NOK.
Coinaaa AS met its auditor and accountant to discuss the ongoing business and the current regulations in Norway.
Coinaaa AS has started the experiment Two Times the Bitcoin Rise.
Coinaaa is becoming democratized.
Our finances
We have received payments for 9,05252 Coinaaas, giving Coinaaas asset account 80 567,42 NOK. We have sold a total of 20 Coinaaas in May 2014, meaning that we are currently awaiting payment for 10,94748 Coinaaas. 7.021333 Coinaaas are active and in the market.
https://www.coinaaa.com/2014/05/24/weekly-update-21/
Coinaaa became tradable on Bittrex.
Coinaaa AS has sold out its May batch consisting of 20 Coinaaas at the starting price of 10 000 NOK.
Coinaaa AS met its auditor and accountant to discuss the ongoing business and the current regulations in Norway.
Coinaaa AS has started the experiment Two Times the Bitcoin Rise.
Coinaaa is becoming democratized.
Our finances
We have received payments for 9,05252 Coinaaas, giving Coinaaas asset account 80 567,42 NOK. We have sold a total of 20 Coinaaas in May 2014, meaning that we are currently awaiting payment for 10,94748 Coinaaas. 7.021333 Coinaaas are active and in the market.
https://www.coinaaa.com/2014/05/24/weekly-update-21/
Just updated the website with more information: https://coinaaa.com/
I have read the website
so what makes this coin any different ?
so what makes this coin any different ?
1. Real assets backs up the currency = it has a minimum buy-back price
2. It has a centralized blockchain with 0 rewards and 0 tx fee.
What happened to my CoinAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAs wich i have mined 2-3 months ago???
I instaled the new wallet today and..........poofff, they are gone.
I instaled the new wallet today and..........poofff, they are gone.
Please read here: https://www.coinaaa.com/2014/03/28/new-code-and-wallets-will-be-launched-next-week/ and here: https://www.coinaaa.com/2014/04/08/new-coinaaa-source-being-developed/
Coinaaa is now tradable on Bittrex: https://bittrex.com/Market/Index?MarketName=BTC-AAA
I really don't like the name....
Well, you have to get used to it
Did you get a chance to read about the coin at https://coinaaa.com/ ?
Update May 14th 2014
Coinaaa has officially launched.
Find the latest wallets here:
http://www.coinaaa.com
View our blockchain explorer here: http://explorecoinaaa.com/chain/Coinaaa
Coinaaa has officially launched.
Find the latest wallets here:
http://www.coinaaa.com
View our blockchain explorer here: http://explorecoinaaa.com/chain/Coinaaa
We have just created a new source code for Coinaaa. We need to get it reviewed by multiple developers to give us feedback on different security issues, code errors and so on.
If you want to review the code then send an email to aaa@coinaaa.com.
Payment to be discussed. You have to prove that you are a talented developer with c++ background.
If you want to review the code then send an email to aaa@coinaaa.com.
Payment to be discussed. You have to prove that you are a talented developer with c++ background.