Topic: [ANN] BITCOIN21 - 21 million coins - SHA256 - All Device Types - Jan 2016 - page 11. (Read 43153 times)

Thanks. Currently watching what happens with Cryptsy and other world affairs.

Launching a digital currency as a business involves alot more potential operating fees and regulation than digital currencies that are anonymous or pre 2016. Once something is "in the wild" it is essential to consider current and future implications. Regardless of personal opinion, governments despite their shortcomings must be considered because;

1 - they set the laws of a sovereign nation (which are often objected to or repealed) for economic and other purposes
2 - they budget money to ensure a nation remains competitive against other nations (granted, this can often go too far into poverty)
3 - they can implement laws and legislation that may allow the following;

-- fines, legal action or sentencing in retrospect e.g. after an offence which has not been legislated at that time (this is becoming far more common across a broad range of investigations)
-- additional running costs including licensing (whereby a financial or monetary system is centralised, e.g. finTech business or bank)

During the next month or so a number of enquiries will be made to ensure that Bitcoin21 can operate in a unique space both endorsed by cryptocurrency communities, the public, governments and current financial institutions. Bitcoin21 presents a great opportunity to engage both young people and the finTech industry into investing and using digital currency.

Bitcoin21 remains unique in its application, and will be launched at a later date once everything is ready.

A further update will be posted in February.

 

yes. i am goining to unwatch this topic. nothing to do here.

Guys just give it some time The idea it's pretty nice. Failures happen to everybody

Perfect Vid, bookmarked

indeed... in fact, the coin was exploited before landing

lol

I don't think there was a better video to describe launch postpone..

Lol what a miserable failure.

Moving on.. Wasted time reading and watching thread.

LULZ @ this. 

If you want regulation, use fiat currency & banks - regulation works soooo well in the banking industry.....

EPIC FAIL COIN.

BITCOIN 21 official launch is currently postponed until further notice.

Until digital currency exchanges are regulated and protected by the financial services authorities, and peoples investments are guaranteed it would be a bad decision to continue with the launch.

Development will continue offline and any updates will be posted here in due course.

As no IPO/ICO funds were raised this does not affect anyones investment.

Hi all, apologies for the quiet period, been away for a while.

Premine

Yes 1 million coins, these are guaranteed to be held as capital (think its for 10 years) in secure cold storage like the original Bitcoin.
A further 1.1 million coins are premined for IPO/ICO, giveaway, faucet and for commercial/business investment.

A current consideration is also being given to a further premine for global airdrop - more details on that will be provided as and when confirmed including full details of destinations.

Exchanges

To ensure that all anti-fraud and anti-terrorism legislation is adhered to, it will be the responsibility of all exchanges listing XBTC21 to verify users before allowing people to buy and sell. I accept no responsibility for any exchange that does not comply or self-regulate for the purposes of national or international public protection.

Consideration is also possible to open an exchange, or if enough IPO/ICO is raised to perhaps get Cryptsy back on its feet if they persist to have problems. The original Bitcoin and Litecoin which have been much the problem of theft means their future as investment vehicles is somewhat tainted, so this is an ideal time to look for a POW/POS replacement of the same original specifications.

Mining & Use

By mining XBTC21 you understand that the coins are to be used for positive human endeavour, to help others, and at no time to be used as a weapon or used to cause physical, financial or other damage to persons or property nationally or internationally.

Future Regulation

It is likely that governments in the future will introduce legislation to allow police to do stop and searches, or indeed home searches to establish the quantities of digital currencies that people own. Centralised finance allows the tracking of money so that for example companies cannot avoid laundering money or not paying taxes, if decentralised finance is to work there still needs to be a level of centralisation and accountability which is why ultimately having a high street featuring crypto banks for example is an exciting prospect.

Whilst there is a battle between extreme dangers at one end of the human spectrum and extreme control (and war) by the other end of the spectrum, there are 6.9 billion people around the world caught up in conflict against their will, somehow there needs to be a way in which people can go about their lives free from being exposed to conflict, less than 1% of the world is military, the remaining 99% are civilians (at a guess). If this means centralised registration and transaction monitoring at some level independent of the current banking regime and government then that may be a good thing.

Information & Ideas

Please present any information and ideas you have. There are no guarantees that this coin will be of future value, it is experimental, and it will be both self regulated, regulated by exchanges (for their own safety should they list it) and also regulated by any government or international future regulations.

Any questions please ask, I will update again soon.

Thanks for reading.

1 Million pre-mine? Really?  

It's so quiet in here..

new btc 

Will this coin hit blackjack?

Number it isnt important, choose a free port 

OMG! Sorry! I swear my brain has gone on holiday, what am I doing! Of course its FTP!

No Comment Removed swiftly to avoid further embarrassment, one of those days

lol .. Port 21 TCP/IP ?! Where did you read that.

(Check: https://en.wikipedia.org/wiki/List_of_TCP_and_UDP_port_numbers)

Port 21 is the standard Port for the FTP Protocol which is the Application Layer whilst TCP/IP is the Network Layer..

TCP/IP does not have "one Port" it provides an environment for Ports, sending bytes, receiving bytes etc.

Saying "Port 21 is TCP/IP" is like saying  Pizza is Oven

I'm having to sell my Skyline to fund my projects, a beautiful R33 GTR in midnight purple, heartbroken a bit

I'm going to be sending out some proposals to potential international stakeholders at the turn of the new year, responses will largely dictate the route to delivery. Again, I am not making any promises regarding the future value, whether or not the currency will make exchanges or fulfil the road map because at this time all investment is personal, and any future will largely be dictated by investor/stakeholder responses and investment.

I have limited blockchain experience in terms of development, however rest assured in the event of popularity, a team will be established to deliver a completely financially and politically independent digital currency platform to meet the demands of its users.

Before it does go live though, I am taking the steps of establishing some self-regulated rules of delivery so that there are plans in place for the provision of transaction taxes or other fees when digital currencies become regulated.

I think the next stage of implementation is innovative and will gain significant traction and awareness on an international basis, more news about that after Christmas, perhaps it would be best to reconsider any investment in the new year - if my strategy works it may mean a requirement to increase the IPO premine.

Any details of investors, airdrops, etc will be added to the OP in January. Thanks for support, will keep everybody up to speed.

How no one to buy IPO?