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Showing 5 of 5 results by jamesbranson
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Board Announcements (Altcoins)
Re: [ANN] eMunie (EMU) - NOT a BitCoin fork/clone - call for beta testers
by
jamesbranson
on 19/02/2014, 02:13:58 UTC
Can someone explain to me why is it a good idea to invest in the upcoming eMunie IPO?

Since this currency is anti-hoarding, why would I want to own it and invest in this IPO?

eMunie is very different from other crypto-currencies. It has a special inflation system. The quantity of coins is growing with demand in a way that the price per unit cannot increase. The quantity of coin is infinite and expending fast.

Basically you cannot make a profit from the value of coins but... if you have coins you will be rewarded with interest so your loss is supposed to be balanced with it.

So the question is, why would you invest in the IPO ?

Honestly, I love eMunie concept but I don't see any reasons to invest in the IPO.

eMunie is designed to be a medium of exchange, not a store value nor an investment.


And what happens if there is declining demand? the growth is less? so in other words, you can't earn money, but it can only loose value? (if demand is declining too fast) What am i missing here?

From my understanding of the protocol, if demand went down, the "inflation" / generation of eMu would come to a halt... while this still means it's relativisticly de-valued against another currency, say; BTC, or USD, it doesn't mean it will lose it's entire value.

I have to admit, the biggest issue i have eMunie is it's lack of static unit count. I prefer deflationary currencies. That said, eMu can be great for purchases and replace existing fiats (USD, EURO, etc..., minus centralized control) and Bitcoin / Litecoin can remain the long-term value holding units (like gold & silver respectively).

eMunies niche is true privacy / security IMO, which makes for a great payment mechanism.
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Topic
Board Service Announcements
Re: We construct a world's tallest building. Do you want your own floor?
by
jamesbranson
on 18/02/2014, 18:38:51 UTC
Why can't we just build a real building and have people / groups of people / companies pay for it....

That would be much cooler, than this virtual crap Wink>.
Post
Topic
Board Hardware
Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s
by
jamesbranson
on 16/08/2013, 06:06:39 UTC
No more pre-order please...

dito.. would be nice to purchase a in stock item for next day delivery.

If a company offers a miner at a reasonable price, people are going to order it ahead of time, and by the time the company has it all their stock will already be accounted for.

or not .. as we seen bfl .. avalon .... stop falling for these pre-orders ! no more pre-orders ! want to sell something ? have in stock !


No More Pre Orders. Please


Agreed.
Post
Topic
Board Altcoin Discussion
Re: 【Ann】Official Pre-Annnouncement of FreeCoin-FEC,New POW/POS Coin|No Premine
by
jamesbranson
on 12/08/2013, 06:02:50 UTC
Still trying to understand the benefit of FEC over say YaCoin in which it was forked from... other than the 1billion in FEC coin...


What other features help make it more conducive to being "free"? Better anonymity? Better Security?
Post
Topic
Board Beginners & Help
Re: What mining pool/mining software do you guys use?
by
jamesbranson
on 11/08/2013, 04:34:54 UTC
BitMinter, simply the best rate 1% and you get name coins, along with a PPLS payout. Also have a great java based client which works.