Isnt 600 billion a bit much? Its a really high number and there isnt really a point for there to be so.many coins.
it was 600 billion but it is now only 60 billion have a look at the first post
thanks
zack
Topic: ★★ [ANN] [CRD] Credits, a new crypto with real innovation ! ★★ - page 2. (Read 10593 times)
it was 600 billion but it is now only 60 billion have a look at the first post
thanks
zack
Isnt 600 billion a bit much? Its a really high number and there isnt really a point for there to be so.many coins.
i have edited post 1
I think that if you change the name of the coin to creditcoin then it has a better chance.
The name of the coin is important, and I would take the 's' off the end and make it a singular name.
But if you don't agree, then please explain why the plural might be better than the singular?
I am trying to stay away from the word coin because its not a coin realy is it ?
It also sets it apart from all the alt coins
I think the name credit sounds good it only has the (s) when there is more than 1
i am open to sugestions i have alredy changes the total number of credits and the block size
thanks
zack
I think that if you change the name of the coin to creditcoin then it has a better chance.
The name of the coin is important, and I would take the 's' off the end and make it a singular name.
But if you don't agree, then please explain why the plural might be better than the singular?
i think trying to get value from the start is the wrong way to do it look at bitcoins howmany was it for a pitza ?
i can see why people start a new acount and relece a new coin with only a couple of posts lol
i am sure it will work if i did not think it would i wouldent be puting my time and mony into this
i will edit the first post to include all the updates to credits and a couple of bountys
i am working on away to lower the block size but im sure we need 600 billion total credits will update as i work it out
i am in talks with over 100 facebook shops about acsepting it
i have also bean talking to a couple of fairly big websites but i cant tell you more about that yet
thanks
zack
Oh my god, I want to choke you.
Relax Hydroponica ! Drink your chocolate milk, do your breath exercises.
Like I said, good concept, but, It'll be pumped, dumped into oblivion, and then ignored, just like the others. And, if people stop mining it, your coins never get out into the world, network dies, coin dies.
why be so negative ?
?? I'm being realistic.
i realy think this will work is there and reason why it wont work rather than peoples opinions ?
Because coins can't survive with a 500 coin block size, and you want to multiply it by 20...Its very simple market research here. Don't tell the community what you want, listen, and make changes accordingly. I'm fairly certain, noone who knows anything, disagrees that the block size is retarded.
the block size is 10,000 but it will only be possable to send whole credits for the first 6 months every 6 months after that you will beable to send smaler and smaler amounts
im not looking to make credits worth 1000usd each im only looking for around 0.001 usd each / 1000 credits to 1 usd ( after 6 months then slowly gain value)
if you dont like the idea of that please dont mine credits when thay are releced
thanks for your input
zack
You just don't get it. After the first pump and dump;
NO ONE WILL BE MINING IT ANYMORE
Are you dense? Look at the other coins that have come out lately. It is not rocket science.
credits will only benafit people that are going to stick with it pump and dumpers wont make much / anything from it
Oh my god, I want to choke you. If people don't mine it, it ceases to exist. Blocks do not get found, transactions do not get confirmed, coins do not move. It dies. Very few people will be willing to invest time and money into a coin, that "May be worth something, someday, I think". Lower the block reward, to help it have value NOW. Now is the critical time. Later, you can ramp up Block reward, if you want.
make it a scrypt-jane coin (like yacoin) so that is possible to mine with cpu (at least at the beginning)
the problem with that is in encorages bot nets and sever farms and takes the coin away from the people
make it a scrypt-jane coin (like yacoin) so that is possible to mine with cpu (at least at the beginning)
the problem with that is in encorages bot nets and sever farms and takes the coin away from the people
Quote
the block size is 10,000 but it will only be possable to send whole credits for the first 6 months every 6 months after that you will beable to send smaler and smaler amounts
im not looking to make credits worth 1000usd each im only looking for around 0.001 usd each / 1000 credits to 1 usd ( after 6 months then slowly gain value)
im not looking to make credits worth 1000usd each im only looking for around 0.001 usd each / 1000 credits to 1 usd ( after 6 months then slowly gain value)
Zack, you may not appreciate Hydro's approach, but I would suggest you at least consider taking his advice into account.
In my opinion, you should be releasing a coin with some thought as to how it would be used, not what it would be worth at any point in the future. The market and only the market will decide that. Artificially limiting the amount of coins that can be transacted as a way to manage their value is not going to work, and the large number of coins generated only adds to that. You plan on having a coin that will generate 20,000 coins a minute, yet expect to be transacting in LESS of them over time? I don't think this will not have the effect that you hope it will.
the main reason for only being able to do transactions in whole numbers to start then 1/2 credits 6 monts later and 1/4 credits is it stops people atacking the network with spam transactions
as to how it will be used i am taling to alot of people with facebook shops about acsepting them ( facebook shops use paypall at the min and have big problems with charge backs )
make it a scrypt-jane coin (like yacoin) so that is possible to mine with cpu (at least at the beginning)
Quote
the block size is 10,000 but it will only be possable to send whole credits for the first 6 months every 6 months after that you will beable to send smaler and smaler amounts
im not looking to make credits worth 1000usd each im only looking for around 0.001 usd each / 1000 credits to 1 usd ( after 6 months then slowly gain value)
im not looking to make credits worth 1000usd each im only looking for around 0.001 usd each / 1000 credits to 1 usd ( after 6 months then slowly gain value)
Zack, you may not appreciate Hydro's approach, but I would suggest you at least consider taking his advice into account.
In my opinion, you should be releasing a coin with some thought as to how it would be used, not what it would be worth at any point in the future. The market and only the market will decide that. Artificially limiting the amount of coins that can be transacted as a way to manage their value is not going to work, and the large number of coins generated only adds to that. You plan on having a coin that will generate 20,000 coins a minute, yet expect to be transacting in LESS of them over time? I don't think this will not have the effect that you hope it will.
You can use my service:
https://bitcointalksearch.org/topic/i-will-do-graphic-design-for-you-ads-banners-etc-226602
sorry but im thats not what im looking for
thanks for you time
zack
Like I said, good concept, but, It'll be pumped, dumped into oblivion, and then ignored, just like the others. And, if people stop mining it, your coins never get out into the world, network dies, coin dies.
why be so negative ?
?? I'm being realistic.
i realy think this will work is there and reason why it wont work rather than peoples opinions ?
Because coins can't survive with a 500 coin block size, and you want to multiply it by 20...Its very simple market research here. Don't tell the community what you want, listen, and make changes accordingly. I'm fairly certain, noone who knows anything, disagrees that the block size is retarded.
the block size is 10,000 but it will only be possable to send whole credits for the first 6 months every 6 months after that you will beable to send smaler and smaler amounts
im not looking to make credits worth 1000usd each im only looking for around 0.001 usd each / 1000 credits to 1 usd ( after 6 months then slowly gain value)
if you dont like the idea of that please dont mine credits when thay are releced
thanks for your input
zack
You just don't get it. After the first pump and dump;
NO ONE WILL BE MINING IT ANYMORE
Are you dense? Look at the other coins that have come out lately. It is not rocket science.
credits will only benafit people that are going to stick with it pump and dumpers wont make much / anything from it
Like I said, good concept, but, It'll be pumped, dumped into oblivion, and then ignored, just like the others. And, if people stop mining it, your coins never get out into the world, network dies, coin dies.
why be so negative ?
?? I'm being realistic.
i realy think this will work is there and reason why it wont work rather than peoples opinions ?
Because coins can't survive with a 500 coin block size, and you want to multiply it by 20...Its very simple market research here. Don't tell the community what you want, listen, and make changes accordingly. I'm fairly certain, noone who knows anything, disagrees that the block size is retarded.
the block size is 10,000 but it will only be possable to send whole credits for the first 6 months every 6 months after that you will beable to send smaler and smaler amounts
im not looking to make credits worth 1000usd each im only looking for around 0.001 usd each / 1000 credits to 1 usd ( after 6 months then slowly gain value)
if you dont like the idea of that please dont mine credits when thay are releced
thanks for your input
zack
You just don't get it. After the first pump and dump;
NO ONE WILL BE MINING IT ANYMORE
Are you dense? Look at the other coins that have come out lately. It is not rocket science.
Like I said, good concept, but, It'll be pumped, dumped into oblivion, and then ignored, just like the others. And, if people stop mining it, your coins never get out into the world, network dies, coin dies.
why be so negative ?
?? I'm being realistic.
i realy think this will work is there and reason why it wont work rather than peoples opinions ?
Because coins can't survive with a 500 coin block size, and you want to multiply it by 20...Its very simple market research here. Don't tell the community what you want, listen, and make changes accordingly. I'm fairly certain, noone who knows anything, disagrees that the block size is retarded.
the block size is 10,000 but it will only be possable to send whole credits for the first 6 months every 6 months after that you will beable to send smaler and smaler amounts
im not looking to make credits worth 1000usd each im only looking for around 0.001 usd each / 1000 credits to 1 usd ( after 6 months then slowly gain value)
if you dont like the idea of that please dont mine credits when thay are releced
thanks for your input
zack
Like I said, good concept, but, It'll be pumped, dumped into oblivion, and then ignored, just like the others. And, if people stop mining it, your coins never get out into the world, network dies, coin dies.
why be so negative ?
?? I'm being realistic.
i realy think this will work is there and reason why it wont work rather than peoples opinions ?
Because coins can't survive with a 500 coin block size, and you want to multiply it by 20...Its very simple market research here. Don't tell the community what you want, listen, and make changes accordingly. I'm fairly certain, noone who knows anything, disagrees that the block size is retarded.
it would only be 6 billion if i mined every block for 57 years lol
why not?
Let our grandchildren will receive a gift.
You'll be busy until old age, and become famous
why not?
Let our grandchildren will receive a gift.
You'll be busy until old age, and become famous
i will probably only ever have a maximum of 5% of the total hashrate and as more people start mining it i will have less and less of the total hash power
Jump to: