Topic: [ANN] CipherCoin Proof of Stake & Masternode Ecosystem [ANN] - page 2. (Read 865 times)
Interesting idea so I will follow the development of the project and good luck to you developers in the future.
How do you intend to generate value (price) for the currency if the supply is infinite? For example the BTC, in theory the amount stipulated when it is reached will generate the sense of scarcity, which by the way tends to cause the price increase, at least this is how it works in many cases, like gold, silver and even other coins...
People tend to value more of what is scarce in terms of investments, forgive me if I am wrong and even talk bullshit, but I am trying to figure out how that will work.
People tend to value more of what is scarce in terms of investments, forgive me if I am wrong and even talk bullshit, but I am trying to figure out how that will work.
Hey r_victory,
There are many coins that have an infinite supply. Ethereum is one of the largest that comes to mind. As more miners and masternodes enter the network, the scarcity of the coin becomes a factor and rises over time gradually and naturally intrinsically. Please also note that users of the various platforms will be able to very soon pay for services as well in CipherCoin which will also allow for those coins to leave the available supply of CipherCoins in circulation. Thank you for your questions and concerns.
Thank you,
mimagneto
I value when the coin becomes useful as a form of payment and not only as a source of speculation. Thank you for the explanation, I will dedicate more time to read about your project. In this crypto world we think we know everything and realize that we do not know anything.
Hey r_victory,
Thank you, yes, agreed. We will soon be adding CipherCoin to various payment gateways, which will also allow CipherCoin to be used to purchase many different types of goods and services. Please stay tuned, we have a lot in store!
Sincerely,
mimagneto
i saw there will be a cipherbet which will be launch at the end of this year
so will the user need to complete KYC to be able to play at the casino?
so will the user need to complete KYC to be able to play at the casino?
Hey fcmatt,
No, CipherBet clients will not have to complete KYC to play in the casino.
Thank you,
mimagneto
wow it's great because i like stay anonymity while i play gambling
because there is a few casinos that if the player won with fairly and they make the user to complete KYC before withdraw
btw i will wait patiently for the casino launch at the end of this year
Hey fcmatt,
Yes, we're very much aware of these tricks and schemes in the Crypto World. It's something that all of our platforms are working hard to work against, and help give the Crypto World legitimacy, transparency, and integrity. Thank you, we truly appreciate that.
Sincerely,
mimagneto
i saw there will be a cipherbet which will be launch at the end of this year
so will the user need to complete KYC to be able to play at the casino?
so will the user need to complete KYC to be able to play at the casino?
Hey fcmatt,
No, CipherBet clients will not have to complete KYC to play in the casino.
Thank you,
mimagneto
wow it's great because i like stay anonymity while i play gambling
because there is a few casinos that if the player won with fairly and they make the user to complete KYC before withdraw
btw i will wait patiently for the casino launch at the end of this year
How do you intend to generate value (price) for the currency if the supply is infinite? For example the BTC, in theory the amount stipulated when it is reached will generate the sense of scarcity, which by the way tends to cause the price increase, at least this is how it works in many cases, like gold, silver and even other coins...
People tend to value more of what is scarce in terms of investments, forgive me if I am wrong and even talk bullshit, but I am trying to figure out how that will work.
People tend to value more of what is scarce in terms of investments, forgive me if I am wrong and even talk bullshit, but I am trying to figure out how that will work.
Hey r_victory,
There are many coins that have an infinite supply. Ethereum is one of the largest that comes to mind. As more miners and masternodes enter the network, the scarcity of the coin becomes a factor and rises over time gradually and naturally intrinsically. Please also note that users of the various platforms will be able to very soon pay for services as well in CipherCoin which will also allow for those coins to leave the available supply of CipherCoins in circulation. Thank you for your questions and concerns.
Thank you,
mimagneto
I value when the coin becomes useful as a form of payment and not only as a source of speculation. Thank you for the explanation, I will dedicate more time to read about your project. In this crypto world we think we know everything and realize that we do not know anything.
Is there a site available?
Hey andronikos,
Yes, CipherMint.io is available and offers Mining Contracts for various coins. CipherPool offers a Mining Pool for various coins (many additional coins are being added this weekend). CipherNews.io offers up to the minute, all of the latest Cryptocurrency News Articles, and CipherNews APP is available now in the Google Play Store (Will be available as well in the Apple Store in a few days). CipherFoundation.io is also available if you'd like to apply for a CipherFoundation Grant or Donate to others. Ciphercoin.net is also available now to learn more about CipherCoin. The other platforms are still being built and should be ready on or before their due dates on our Roadmap Timeline. Thank you for your question.
Thank you,
mimagneto
Is there a site available?
I would like to see a link to your company's airdrop.Thanks in advance
Hey maksimukr1989,
In a few days, we will be listing our Bounty & Airdrop ANN. Please stay tuned.
Thank you,
mimagneto
I would like to see a link to your company's airdrop.Thanks in advance
How do you intend to generate value (price) for the currency if the supply is infinite? For example the BTC, in theory the amount stipulated when it is reached will generate the sense of scarcity, which by the way tends to cause the price increase, at least this is how it works in many cases, like gold, silver and even other coins...
People tend to value more of what is scarce in terms of investments, forgive me if I am wrong and even talk bullshit, but I am trying to figure out how that will work.
People tend to value more of what is scarce in terms of investments, forgive me if I am wrong and even talk bullshit, but I am trying to figure out how that will work.
Hey r_victory,
There are many coins that have an infinite supply. Ethereum is one of the largest that comes to mind. As more miners and masternodes enter the network, the scarcity of the coin becomes a factor and rises over time gradually and naturally intrinsically. Please also note that users of the various platforms will be able to very soon pay for services as well in CipherCoin which will also allow for those coins to leave the available supply of CipherCoins in circulation. Thank you for your questions and concerns.
Thank you,
mimagneto
How do you intend to generate value (price) for the currency if the supply is infinite? For example the BTC, in theory the amount stipulated when it is reached will generate the sense of scarcity, which by the way tends to cause the price increase, at least this is how it works in many cases, like gold, silver and even other coins...
People tend to value more of what is scarce in terms of investments, forgive me if I am wrong and even talk bullshit, but I am trying to figure out how that will work.
People tend to value more of what is scarce in terms of investments, forgive me if I am wrong and even talk bullshit, but I am trying to figure out how that will work.
i saw there will be a cipherbet which will be launch at the end of this year
so will the user need to complete KYC to be able to play at the casino?
so will the user need to complete KYC to be able to play at the casino?
Hey fcmatt,
No, CipherBet clients will not have to complete KYC to play in the casino.
Thank you,
mimagneto
WalletBuilders Coin? Or i am wrong..?
Your announcement thread could do some improvement, I didnt read any information about pre-sale which is a good thing a 100% community project.
Your announcement thread could do some improvement, I didnt read any information about pre-sale which is a good thing a 100% community project.
Hey Xsinx,
Lol, I didn't know what WalletBuilders was and just looked it up. No, our team created our coin. Thank you for your suggestions, we will look into it further. There isn't a pre-sale nor an ICO, correct, it's truly a grassroots effort from all of our team and community.
Thank you,
mimagneto
WalletBuilders Coin? Or i am wrong..?
Your announcement thread could do some improvement, I didnt read any information about pre-sale which is a good thing a 100% community project.
Your announcement thread could do some improvement, I didnt read any information about pre-sale which is a good thing a 100% community project.
i saw there will be a cipherbet which will be launch at the end of this year
so will the user need to complete KYC to be able to play at the casino?
so will the user need to complete KYC to be able to play at the casino?
how many % the premine in this token?
i saw there is allocation 10% for bounties and airdrop, when will you share the info about that?
i saw there is allocation 10% for bounties and airdrop, when will you share the info about that?
The premine is 5,250,000 CipherCoins. The total supply is infinite, so there is no real % of the total supply of coins. Yes, our Bounty and Airdrop ANN will be posted on all of our social media channels very soon.
Thank you,
mimagneto
the supply is infinite? so why should you make the coins allocation based on percent(%)?
you should change it to the one that you mention above
if you still use a %, since the supply is infinite so the premine will be increased too?
The percentages are based on the amount of the premine. So for instance, the Bounty & Airdrop wallet received 10% of the total premine, for example. Please let me know if you understand?
Thank you,
mimagneto
in my previous post, i don't see the total premine
i just see the percentage distribution, so with that, i got a bit confused
but after your post and i read the first post again. And i understand with that
Awesome, great to hear, I'm happy to be of assistance.
Thank you,
mimagneto
how many % the premine in this token?
i saw there is allocation 10% for bounties and airdrop, when will you share the info about that?
i saw there is allocation 10% for bounties and airdrop, when will you share the info about that?
The premine is 5,250,000 CipherCoins. The total supply is infinite, so there is no real % of the total supply of coins. Yes, our Bounty and Airdrop ANN will be posted on all of our social media channels very soon.
Thank you,
mimagneto
the supply is infinite? so why should you make the coins allocation based on percent(%)?
you should change it to the one that you mention above
if you still use a %, since the supply is infinite so the premine will be increased too?
The percentages are based on the amount of the premine. So for instance, the Bounty & Airdrop wallet received 10% of the total premine, for example. Please let me know if you understand?
Thank you,
mimagneto
in my previous post, i don't see the total premine
i just see the percentage distribution, so with that, i got a bit confused
but after your post and i read the first post again. And i understand with that
how many % the premine in this token?
i saw there is allocation 10% for bounties and airdrop, when will you share the info about that?
i saw there is allocation 10% for bounties and airdrop, when will you share the info about that?
The premine is 5,250,000 CipherCoins. The total supply is infinite, so there is no real % of the total supply of coins. Yes, our Bounty and Airdrop ANN will be posted on all of our social media channels very soon.
Thank you,
mimagneto
the supply is infinite? so why should you make the coins allocation based on percent(%)?
you should change it to the one that you mention above
if you still use a %, since the supply is infinite so the premine will be increased too?
The percentages are based on the amount of the premine. So for instance, the Bounty & Airdrop wallet received 10% of the total premine, for example. Please let me know if you understand?
Thank you,
mimagneto
how many % the premine in this token?
i saw there is allocation 10% for bounties and airdrop, when will you share the info about that?
i saw there is allocation 10% for bounties and airdrop, when will you share the info about that?
The premine is 5,250,000 CipherCoins. The total supply is infinite, so there is no real % of the total supply of coins. Yes, our Bounty and Airdrop ANN will be posted on all of our social media channels very soon.
Thank you,
mimagneto
the supply is infinite? so why should you make the coins allocation based on percent(%)?
you should change it to the one that you mention above
if you still use a %, since the supply is infinite so the premine will be increased too?
I'm not seeing this kind of announcement since the 2015, cheap graphic and a lot of stuff that will never see the light. But sometime I'm wrong
I'm sorry that you feel that way, and we hope that you'll take a look at all that we've already accomplished such as: CipherMint, CipherPool, CipherFoundation, CipherNews (Website and APP on Google Play), and CipherCoin are all live, and fully functional platforms already. You can download the CipherNews App to get all of the latest in Cryptocurrency News.
Thank you for your insights and input,
mimagneto
Hey BigBadCrypto,
Yes, definitely, we will be in contact with them shortly, as well as many other platforms as well.
Thank you,
mimagneto
how many % the premine in this token?
i saw there is allocation 10% for bounties and airdrop, when will you share the info about that?
i saw there is allocation 10% for bounties and airdrop, when will you share the info about that?
The premine is 5,250,000 CipherCoins. The total supply is infinite, so there is no real % of the total supply of coins. Yes, our Bounty and Airdrop ANN will be posted on all of our social media channels very soon.
Thank you,
mimagneto
I'm not seeing this kind of announcement since the 2015, cheap graphic and a lot of stuff that will never see the light. But sometime I'm wrong
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