Wow, nice to see some support and I appreciate your comments.


AFK.MPEG I really think your "ambassador" idea is really cool and could be very effective. More than happy to give you some GLB if you get places accepting Globe. Nickbiker you are correct with the catch 22 situation, many people don't understand that .



Ok so here are the biggest issues I think with Globe ATM and how I plan to solve it. This is just a proposal and not sure I will be able to implement it. Partially due to lack of funds, technical knowledge and time.

Their also seems to be no real support. I don't want to release something that is going to go unused etc and be a waste of my time and money. Nonetheless here are my views on why GLB is not succeeding yet and how we could fix it  ...


I think the biggest problem was using SHA-256 rather than a GPU/CPU based algo. We where at a very low hash rate for the first few months. Like 4k diff for very long. It meant that individuals using ASICs could really hoard a lot of GLB. When people started discovering GLB and the price rose all those holding and having mined GLB unloaded on the buyers. This I believe contributed heavily to the huge GLB price fall. I still think this issue exists I mean look at the distribution graph, the top ten own nearly 50% of GLB, this excludes any taxes we have. Given the current distribution of coins I think any attempt by us to revive GLB will just result in individuals with ASICS dumping their GLB on buyers. This of-course would not have been a problem with an Quark , X11, Sha-3 algo , as the distribution of wealth I assume would be much wider. I know you miners on your cool ASICs will disagree but with this experience I think only established coins will survive with ASICS mining them.

I agree due to lack of experience their was no clear marketing strategy. Nonetheless, I think some stuff such as Bounties etc worked very well, until the price fell and no-body was interested. The Giveaways at the beginning where somewhat successful but  a % did end up on the exchange.  The buzz was good. The signatures also worked well but over time users changed their signature from Globe to something else. AFK.MPEG's idea for a ambassador program is really kl ! I'm jealous I didn't think of it .


I know I am going to get some of hate for this but ... I think the best thing to do is find a dev, relaunch Globe with an ASIC resistant Algo, clear marketing strategy and Lower % of tax on a new chain.

The major problem I have would with the strategy is that Miners and current holders of GLB will loose all their GLB and am therefore hesitant to do this but given the current distribution of coins I think any effort to revive and increased price will result in miners hoarding GLB to dump their coins.

Plus, finding a dev who has the knowledge to build the needed features at an affordable price is virtually impossible. In price previous posts you can see some of the crazy prices devs have given me for basic mods etc. Finally, I'm very busy as of late and not sure when I will have time to chase down devs, agree prices, make marketing plan etc. To make it worse their seems to be little support apart from you guys . So even if It did re-launch the lack of interest may result it in failure.

Feel free to share your views below. As I said I am very busy and only log in once every week/bi-monthly . So please don't be too disheartened if I take a while to reply to your messages/posts.  

Make sure to claim a bounty here : https://bitcointalk.org/index.php?topic=557435.0

Enjoy

Hi,


I disagree but appreciate your approach/stance. I agree that not much dev and advertising has been done since the coin has been released. Unfortunately, I am personally far to busy recently to do much for the project. I apologize. The price of GLB is not high enough to effectively outsource development and advertising etc.

The price of developing very "innovative" and cool features is very expensive. So expensive nothing awesome can really be built given the the exchange rate. I have contacted numerous devs all giving pretty crazy figures like "14BTC" etc for a couple features. Nonetheless a new version of Globe will be released sometime in the summer.

I am not willing to destroy the tax etc. It is the feature of this coin.

If you guys are disappointed which is fully understandable may I recommend you stop mining , buying it etc.

If you want to wait this tough period feel free to . Hopefully more excitement and positive price movements will come when the new Globe is released. Again can't give too many guarantees as it depends heavily on the GLB exchange rate and bargaining i can do with a dev.    

Again, apologies I am very busy. If I don't log on too often, I haven't forgotten about you guys and will still do my up-most to make this a success

Thanks
Sphere

Hi guys,

Sorry for not replying .... Very busy lately.

There is no max amount of GLB. I think someone asked.

To answer nerioseole I am planing to release a new version of Globe mid summer. More details to come ... Some form of ad campaign will hopefully follow.

I do wish to keep the finances private and as of yet don't plan to share the details. However, I do hope you all understand it is makes more financial sense to see Globe succeed over the long run then just dump a couple GLB for a quick buck.

I do agree promotions have been pretty lame. Again due to a lack of time I have not been able to do much recently. I will do a charity giveaway soon, around 20k GLB. I will however need your support promoting it in the forum.

If you have any questions feel free to post.

Thanks
Sphere

Sent : 8302d053b08b0a33836c071a0bfff172bc002b6218b3237bb6f3c4d03635abc4

Enjoy

BOUNTY OFFERS CONSIDERABLY INCREASED ! CLAIM NOW 



*Those that have previously claimed can not re-claim or claim difference.

Great ! Feel free to PM if you have any issues setting up wallet etc.

bump

Are you sure ? Here is the Transaction ID : 0dcc7317c2c7b8df51337dcab423d42d0973848ab385ffc4f257916d3107aefa

All sent, Enjoy .


Thyga, I already sent it to the address you posted on your entry.

Added to site : http://globecrypto.com/?page_id=6620

Enjoy

Multipool bounty increased to 5000 GLB ! First to claim will get this bonus !

All sent Enjoy.


If I have accidentally missed you feel free to post or PM .


Keep claiming.

Bump. Bounties will be processed tomorrow

Winners are as follows :


3rd place = Thyaga with the monkey (Sent)

2nd place = pavondunbar with shitcoins

1st place = CryptoGuy with Bender


Would appreciate it if the rest of you provide your address . Even if you did not win still post your address if you competed. You still get 20 GLB

Ok contest over. Time to make a decision.

flipNstack have you managed to get is resolved ?

You don't want to miss this ! Less than 24 hours remain !!

Bump