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Showing 20 of 71 results by pbjam
Re: 🔥🚀[ANN] [ICO] Tachain - Entertainment and Transportation Synergy🔥🚀
how is this going to be effective? In asia they already have very efficient systems of ridesharing apps and fiat transfer payment apps that make travelling very convenient
Quite a scary reality. I like ETH but it's not exactly safe if all of these decide to cash out. More than likely when the next bull run comes along we'll see a huge increase in selling pressure on ETH.
Most other projects will rise with the bullrun but ETH will probably stay down due to all projects selling with the bull run.
Most other projects will rise with the bullrun but ETH will probably stay down due to all projects selling with the bull run.
Re: [NDL] NoodlyAppendageCoin | LOGO CONTEST POLL | Bounty for each vote!
Do we really think number 2 is the best??? Sorry whoever made it, but it doesn't even represent what the coin represents (the flying spaghetti monster). Are we changing the coin to the ramen noodle coin?
that's what i was thinking, maybe some people don't know what the FSM is?
Re: [ANN] [MAJ] *Major Piece* *First coin to equal 1 Euro, no more, no less* 3/01/14
OP: I don't understand why you're pegging the coin's value to EUR yet the block reward is totally disproportionate to the cost of mining it. A single block is supposed to be worth EUR 1000? 
Even with difficulty at around 20 you could generate EUR 1000 worth of coins in 24 hours with only 1MH/s of hashing power. In this case the coin's value would be 1000+ times the actual cost to mint it.
...plus a 2m EUR premine just screams greed...
Even with difficulty at around 20 you could generate EUR 1000 worth of coins in 24 hours with only 1MH/s of hashing power. In this case the coin's value would be 1000+ times the actual cost to mint it....plus a 2m EUR premine just screams greed...
The pre-mine WILL CHANGE along with the other values to best meet the needs. Along with on an outline to how it will be spent to ensure everyone how ALL the funds will be spent. Most if not all funds will go to bounties and giveaways. The OP has been edited. My focus for this is creating the first stable coin doing so by retaining the value of the Euro, not profiting.
For those of you questioning the market, I'll say this again
As Major Piece is different than the usual crypto-currencies different practices will have to be implemented.
We will be working this out with exchange sites to find the best possible solution.
We are working hard with many people to ensure Major Piece's success.
The most revolutionary ideas start at inception with people saying it will never work. Many people said Bitcoins couldn't work and look where they are now. I could give numerous examples but bottom line, we will do everything possible to succeed.
You're missing a very fundamental part of the puzzle. The only way you can execute this is if you were to do 100% premine and sell each coin for a euro.
Re: [ANN] [MAJ] *Major Piece* *First coin to equal 1 Euro, no more, no less* 3/01/14
the basic idea behind this is a good one, but there are economics laws that you are ignoring.
You have no way to set a price for a coin. Once it hits an exchange the market will tell you what it's worth unless you are holding the coins hostage or you have the funds in reserve to back each coin. You do not have this.
I admire the thinking here though, and I'm curious how you plan on enforcing this - because I'd like to just print up two million of whatever currency I like as well.
You have no way to set a price for a coin. Once it hits an exchange the market will tell you what it's worth unless you are holding the coins hostage or you have the funds in reserve to back each coin. You do not have this.
I admire the thinking here though, and I'm curious how you plan on enforcing this - because I'd like to just print up two million of whatever currency I like as well.
Re: [ANN][LAUNCH] [YUM] BaconBits - A coin so good you'll want to eat it!
i guess this coin is dead, anyone want to buy my 375 coins
i'll buy them for 150 YUM
