Search content
Sort by

Showing 8 of 8 results by LordJohn
Post
Topic
Board Altcoin Discussion
Topic OP
What do you look for in new alt coins?
by
LordJohn
on 24/06/2014, 17:47:20 UTC
Just getting some research and info.

What does the community look for in new alt coins?
Post
Topic
Board Off-topic
Re: Do you want superpowers?
by
LordJohn
on 23/06/2014, 18:47:49 UTC
I'd love the power of "shut the f*** up"
 
Anytime some one is being an annoying pest or really abnoxious, you just say the quote and boom they can no longer talk.
Post
Topic
Board Off-topic
Re: What Song are you Listening To?
by
LordJohn
on 23/06/2014, 18:39:16 UTC
Post
Topic
Board Altcoin Discussion
Re: Thinking of making a new coin.
by
LordJohn
on 23/06/2014, 16:45:24 UTC
Hmmm, just had a look into Minacoin and E-Gold and I think I need to go back to the drawing board with this.

Many thanks for your thoughts and comments.
Post
Topic
Board Altcoin Discussion
Re: Thinking of making a new coin.
by
LordJohn
on 23/06/2014, 14:44:39 UTC
The backing would be done through bullionvault. Or I could use bitcoin as a backing with the wallet being public and viewable.

I have thought about inflation of the price going over the asset value. It would be similar to a stock/share/company bond though with a positive net asset value.

For example:

The Company Bond starts with a value of £100. Market is good and news is positive for the company. The bond now trades for £150 but still only has a value of £100. However can also go in reverse market is in decline and bond now trades for £70 but still has a value of £100 when it matures and is cashed back in with the company.

It's just an idea at the moment and any thoughts are greatly appreciated be they positive or negative.
Post
Topic
Board Altcoin Discussion
Re: Thinking of making a new coin.
by
LordJohn
on 23/06/2014, 04:20:10 UTC
I'm from England. Will have to research into regulations.

Resource wise I should be ok with. I was thinking of setting it up with an initial amount and increase it over time as more is mined. The value may inflate over what is in storage but would never be worthless. Pretty similar to a good share/stock
Post
Topic
Board Off-topic
Re: Where are you from?
by
LordJohn
on 23/06/2014, 04:01:01 UTC
Great Britain
Post
Topic
Board Altcoin Discussion
Topic OP
Thinking of making a new coin.
by
LordJohn
on 23/06/2014, 03:52:58 UTC
Ok, like the title says. I'm thinking of making a new coin but with a difference of it being backed by an asset. The asset I was thinking of using would more than likely be silver. My idea behind this is that at least then there is some actual starting value.

Any thoughts from you guys. It's only a thought at the moment just trying to gauge what the interest in such a coin would be like.