We are contacting him.

Download the new wallet from github.  It will sync.

RiverRock is an illegal business in the United States, same as all other Colorado marijuana businesses which lack permission from federal authorities.  Tomorrow morning, the US drug enforcement agency can go to Colorado and Washington and start making arrests and seizures.  Only thing stopping them is in the current man in the white house.  Banks won't openly accept marijuana businesses because they know such businesses are currently illegal.

Dean,

   I am chill.  The success or failure of POT is not going to affect me long term.  I'm invested in it, and have been since the beginning, but I'm not going to be a millionaire or lose my home if it shifts either way.

   That being said, I want it to succeed.  I think anyone in this thread can agree with that desire.

   However, I'm not seeing results.  I think a lot of people, yourself included, are blinded by the agenda.  Saying that POT is this great and powerful entity that is doing all these amazing things is kind of off-based.  The whole "never been done before" mantra that keeps popping up is driving me nuts.  People are right, it's never been done... and it still hasn't been done.  Until there are quantifiable results that exceed the hype, I'm going to play the pessimist card.  The business plan, or lack thereof(which you agree with), is the most troubling.  Why is there still not a list of merchants that accept POT?  I don't even know what the hell I can spend POT on.  If I come to this thread for instance, and I've never seen POT before, I would think it was a pump and dump coin.  Lots of pools and exchanges listed, but no mention of what services accept it.  How many people here know that Amagi Metals takes POT as a payment?  The only reason I know is because I frequent their site.  From an outsider's perspective, there is no clear thinking evident here... maybe too much smoke in the air.

   You ask why it's an issue that they collect more money via the fee when they already have the 588k POT in the wallet.  I don't think they should be paid if they aren't producing results.  Apple has billions because they sell billions.  As much as I loathe Apple marketing and products, they earned that money.  If POT becomes extremely successful, I will donate to the dev team again.  Them telling me I have to donate via a 2% fee is a whole other story.  That I have a problem with.

   Mate, my angst isn't towards you.  I'm just getting tired of the fluff.  To me the your post just seemed disjointed.  If that was your intention, as you pointed out, then I apologize for the point by point breakdown.

-Fuse

What business plan?  They went to the 420 event to get high and hang out.  Having a true plan would have meant they would have been dressed professionally and had media kits to hand out to vendors.

And this whole approach isn't rare... it's the goal.  Create a currency and have a legitimate use for it.  Fuck, man... take a look at NLG and see what they've succeeded in doing in half the time of POT.  POT has been around for how long now, and it's still working on the broken promise that it will be the industry standard.  There is one dispensary taking the coin, but they aren't even taking it for POT.  Hell, I even asked if there was any incentive to take POT at the dispensary on the 28th, and what happens on the 29th, they offer a 10% discount on merch.  I'm not saying I was the reason for that, but rather that should have been thought of from the get-go.  There is no planning...

We just decreased supply, or did you forget what has been going on for the last month?  Do we really need to decrease supply even more?

Actually, the people here have been talking about adoption.  I just mentioned it.  Hell the dev even said that the reason that they wanted the halving was that there was too many coins and not enough use for them.  I think people have considered adoption as the weak link in the chain for this coin for a long time.

1POT:1$ would mean that the "Foundation" has $588k in the donation wallet.  I don't think they need more unless things seriously start to change with the adoption.

Wrong.  In the end, it's adoption.  You're contradicting yourself now.  Make up your mind, mate.

Again... this should have been in the "business plan".  Right now the only plan is "Use POT to buy stuff".

I support ASICs backing the blockchain.  DOGE has a good plan in this respect.

As far as buying POT goes, sure... spend the $4000 on the POT to buy everything on the market.  But what happens after that?  You need constant pressure on the market.  TAG was able to keep the floor at a specific price because the millionaire owner of the coin was keeping it up.  He was actively buying TAG constantly, and still is.  But you need the revenue to do that.

A transaction fee is minimal.  What is it, 0.001-0.01?  And in the end the fees go to the miners that make the transactions happen.  A 2% fee on top of that is absurd.  Until verified, it's not on transactions over a specific threshold, it's a on all blocks.

And again, you're not making sense.  You say that the "foundation" should create a pool or buy up the pot on exchanges.  Then you say big pools and people who manipulate price should be taxed.  So you tax the taxer?  In programming terms, you just found a memory leak.

And you're back to adoption.  Man, Dean... that was a rollercoaster.

-Fuse

I'm not concerned about what could be done with 2%, I would just like to know what it's all about.  In my mind it's just a premine after the fact.

-Fuse

I agree that network stability is paramount, followed by price stability, and that in a transactional/flow coin the price isn't as important--but you have to keep in mind that stability comes from hashrate, and price matters to those mining it. If it's not profitable or worthwhile, you lose portions of the network, and a flux in the network can cause volatility in price.

As has been discussed many times, any serious business coin should have its own private farm to always ensure a certain amount of hashrate is securing and processing the blockchain, and it's usually a farm owned or supported by the coin's owners.

The price of the coin does not matter so much, at least not so much to me. Bought 70k at 717 a week ago, which was a bargain then. The most important thing to me is the stability, which the coin seems to have. The market will dictate the price. The more and more the coin gets out there, the more it pops up in places and shows face among the huge network of merchants that sell everything under the sun relating to either marijuana or tobacco products, the better off the coin will do.

Big money big money no whammy no whammy, STOP!

Exactly... they pretended to listen and pushed on regardless.  The fact that they said "we're running a poll" and "we're testing the wallet changes" in the basically the same breath shows that.  We're on the same page about that.  The poll just gave them the results they already knew they had because of the outcry of halving support from reddit.

The 840k block was a ways off... true, but it was there.  I'm sure a lot of people would agree that the halving could have been so many other things than what it ended up being.  I still wish they would have considered a continual small percentage decrease over time.  But oh well... what's done is done.

-Fuse

Unlike the haters I actually made a suggestion many months ago about how to best use this coin.  You seem to prefer to keep your heads int he sand "oh it's called potcoin it MUST be good".  I'm sure you've read and understand my post so I'll not bother bringing it up again.  You seem to know sooo much. 

Go ahead and ignore me if you don't like what I say.  It's the link labeled "IGNORE" on the left under my name.  

1st.  Community is first always, this coin was built on a good fun loving community and we want to continue to build a positive relationship with everyone.
We do want the everyone to participate how they can and offer help by creating tools for the community and if we can help out, let us know via email.

2nd. We want to be more transparent and have the communities input when making choices that will effect both miners and regular users.  Since the community seems to be split on the Halving of the coin, i think its fair to do a POLL that will go out to the WHOLE community, all social networks and everyone can get a chance to voice their opinion. Our main concern was that the coin was going to be finish mining in a little more than 1 year and that we wanted to extend the mining life of the coin since we are thinking long term.

3rd We believe adoptions is the number 1 priority and we have been working on it by:
  
a.  Potcoin king Calling dispensaries for the last 2 months and entering all the leads into our CRM and we are getting new people in montreal to call also.
b.  Going to denver for Cannabis cup and 4.20 to meet as many companies as possible and promote potcoin.
c.  Creating strategic partnerships with the TOP dispensaries in Colorado - We Met with River rock - medicine man - live well.  We are now working with river rock to place our ATM's and making a marketing plan to give away 100,000 via paper wallets and cards. We believe they will be leaders in their industry and that others will follow once they see River Rock accepting Potcoins and giving them away to clients.
d. We have a potcoin team member living in named Russell Denver that will be working with dispensaries to help them integrate potcoin into their daily transactions.

4th. We are all working together to make this coin a success, but everyone needs to their part in helping out and mainly staying positive even when things are not the best. With anything in life there are ups and downs but we just need to keep working together and getting the word of potcoin out. I'm all for constructive criticisms and listening to the community, deanpresse66 has some very good point and this is the type or response we like to get.

5th. Traveling for 1 month between NYC and Denver caused me to focus on what was at hand and meetings with dispensaries and not being able to tend to the online community as much as before and im very sorry for the lack of communication while we where traveling in the USA.  I have since gotten a DENVER CELL phone with A data plan allowing me to work and communicate better while traveling.  

6th. We understand that we need to communicate more efficiently and we have decided to add an OFFICIAL BLOG on the potcoin website that we will post all news from now on. From there we will go to all the social media outlets and post the link to the blog with our official statements. We are also looking at doing this weekly so that everyone knows that Potcoin Update News comes out once week on FRIDAYS.

7th. We know we have lots of work ahead and we have lots of great ideas and projects in the pipeline but we need to focus on what communities needs are now. We want to release a timeline of things we would like to do and ideas and get feedback from the community and what they feel is important so that we can make a list of priorities chosen by everyone.

8th. The potcoin network is releasing coins at rate of approx 600k to 900k and since jan 21 st we have created over 100 million coins and there is only approx 1 year left of mining left.  We feel that we need to extend the life of the coin, but we do not want to extend the block time since this will be used for daily transactions that need to be confirmed quickly. We are open to suggestions and we would like to hear your solutions to extended the life of mining the coin.

9th. Coinwarz lists Potcoin as profitable and that means multipools will still be wanting to mine our coins then dumping them.. not the best for the price
We are also concerned about ASIC's coming out and the recent time warp attack on the KGW, we would also like to hear about your ideas and solutions from the community members.

10th. The best way to contact the Potcoin team is to email us at dev@potcoin.info or smokemon@potcoin.info or call 1.844.Pot.Coin and if i dont pick up leave a message and i will get an email with your voice mail.  Please give 24 - 48 hours for a response.  

Sincerely Smokemon and The Potcoin Team


  

I don't think so. Potcoin looks to be in the lead when it comes to partnering with the legal cannabis trade, that hasn't changed in the last few days. I get tired of seeing posters act like they want developers to act like counselors too and post here every few hours just to re-assure people, it's kinda sad 

You can't prove it scientifically or mathematically with reference to other coins because it's apples and oranges.   Almost every coin including bitcoin and litecoin have halving schedules that were coded in from the genesis block.    Potcoin's block reward schedule was flawed at its creation.  Show me a coin that is all mined out that isn't proof of stake.   Halving the coin is about giving us more time for adoption so there are uses for the coin by the time its all mined out.  The only other alternative I can think of is to increase the total coin supply and implement proof of stake so people holding up until now can retain their positions.  Either way, the mining phase must be extended or it's toast.