Ok guys, I know I said we would change the max amount back to the original plan of 50B, but after discussing it with some of you guys I definitely think the correct thing to do is to leave things as they are now.
The total supply will remain how it is because we are honouring the original distribution model first posted in the ANN. We realise many miners mine coins early to take advantage of high block rewards, so we do not want to re-inflate these block rewards now the coin is gaining popularity as we feel this is unfair to those that chose to mine GrumpyCoin under initial distribution conditions. Furthermore, as well as being unfair, changing block reward can cause issue with forks.
Now that Max amount will be 20B and we have accomplished most of the bounties, I've decide to giveaway what remains of initial 140M premine in a Massive giveaway: Basically the dynamic consists in this: everyone that puts their address in before end of feb gets equal % of the premine:
Since the name of the coin is Grumpycoin, I think maybe a good application would be to start using it to tip people with bad attitudes or negative comments on forums.
It would be an interesting dynamic because although people would technically be rewarded financially for being rude or pessimistic, the reward would come with a little bit of shame. It's like an oxymoron.
I don't know exactly how it would play out, but a whole bunch of interesting behavior and hopefully lighthearted joking negitivism and tipping could develop. It would be a lot of fun. Bizarro Doge.
I don't know how to start that or make a tipbot or whatever on Reddit, but if someone likes the idea and knows more about how to set it up, I will definitely use some of my grumpycoins to tip haters. Much more fun than downvoting, don't you think?
Great idea. I was just thinking about forking the twittercoin source code and making a Twitter tip bot for Grumpy.
Oh awesome! That is basically exactly the response I was hoping to get! I really hope you do it...we could really get some momentum for this coin I think. Plus, I honestly want to be the first one to tip some a-hole a grumpycoin. lol.
Edit: Just thought of how it could be used. Unlike with btc and doge, where people actually tip a buck or two sometimes, with grump you would tip them insignificant amount of grumpycoin so that the monetary value is not even worth taking the time to transfer to your wallet. Maybe even so low that the transaction cost is more than the tip. Hahaha. This would also work better with more coins, so another reason to keep it 50 billion
Yeah it could be funny! I will start looking into it and give updates as I make progress. Thanks for contributing.
Post
Topic
BoardAnnouncements (Altcoins)
Re: [ANN][Grumpycoin][GRUMP] Grumpycoin v1.2 KGW - Now in Cryptorush.in
Since the name of the coin is Grumpycoin, I think maybe a good application would be to start using it to tip people with bad attitudes or negative comments on forums.
It would be an interesting dynamic because although people would technically be rewarded financially for being rude or pessimistic, the reward would come with a little bit of shame. It's like an oxymoron.
I don't know exactly how it would play out, but a whole bunch of interesting behavior and hopefully lighthearted joking negitivism and tipping could develop. It would be a lot of fun. Bizarro Doge.
I don't know how to start that or make a tipbot or whatever on Reddit, but if someone likes the idea and knows more about how to set it up, I will definitely use some of my grumpycoins to tip haters. Much more fun than downvoting, don't you think?
Great idea. I was just thinking about forking the twittercoin source code and making a Twitter tip bot for Grumpy.
Shit, Can I change my vote?? I meant to vote for 50 million, as per the OP.
Hit the wrong button - sorry.
Ok, I'll take your vote into account.
Also, cherominerito pmd me and he has a good point. He says changing it to 20 Billion won't be well seen by the altcoin community, because 10 Billion have been already created and It would look like we were trying to artificially manipulate the price.
That was my thoughts, leave it as is at 50BIL
Agreed.
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Topic
BoardAnnouncements (Altcoins)
Re: [ANN][Grumpycoin][GRUMP] Grumpycoin v1.2 KGW - Now in Cryptorush.in
by
stanleytwobricks
on 17/02/2014, 22:35:02 UTC
I have brought another 24-7 seed node online!
addnode=184.22.58.144:55904
The other seed node I have running (with 14 active connections!) is:
addnode=50.163.151.224:55904
Let's strengthen the network before we hit the big exchanges. Patience.
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Topic
BoardAnnouncements (Altcoins)
Re: [PRE-POLL] TRADING PAIR SUGGESTIONS FOR COINMARKET.IO