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Topic: [ANN] FoldingCoin - MINE FOR MEDICINE- PHASE 2.0 - page 71. (Read 473653 times)

legendary
Activity: 1876
Merit: 1000


sorry guys.. gota vote no on this....

about to turn rigs off too Sad
hero member
Activity: 742
Merit: 500
website is back online
hero member
Activity: 742
Merit: 500
FYI everyone, the website is currently down and the service provider is fixing the issue http://status.namecheap.com/archives/18650
member
Activity: 65
Merit: 10
I agree 100% with donor [Niels], when in need of funding dumping 100.000.000 (double the current available amount of FLDC) into a developing project is not the way to go. Look at what happened to Ripple when that one guy with loads of ripples blinked and suggested he might sell a few...

-- You have a good thing going, amazing dedication to the project, best documentation and setup of any altcoin or asset I've seen plus you helping out other struggling assets you should be able to find funding somewhere without having to dilute your own asset. Somewhere still need to be defined, once I have suggestions for a somewhere I will let you know

i think its a good idea cuz there are 100's of people thinking of creating projects that have no. proven plan and will be asking for crypto to fund .. Foldingcoin: to actually have a plan working project and future and other assets following Foldingcoins footsteps. it wont be hard to gather interest. and to think it automatically will water down FLDC is true but only if we selffulfill the prophecy.  just put in some buy orders to prepare for the dump. also the funder would most likely hold 1/2.   Wink
hero member
Activity: 742
Merit: 500
Since the current vote is very vague on how this would be done, i suggest everyone start suggesting new VOTEs to be put in place for next month on how we can handle the 100 million FLDC (if this should pass) or ways we can bring in more funding should the vote not pass. Here is the voting page for next months vote https://letstalkbitcoin.com/forum/post/phase-1-vote-for-may-2015-change

Also please submit your vote for this months vote here http://foldingcoin.net/fldc-voting/
hero member
Activity: 742
Merit: 500
So for those days I did not get nothing when mined _ALL_?
What is your full donor name so i can look up what you should have received. What do you think you are missing?
newbie
Activity: 8
Merit: 0
So for those days I did not get nothing when mined _ALL_?
legendary
Activity: 1876
Merit: 1000
had to start the negotiation somewhere.
legendary
Activity: 1876
Merit: 1014

If your interested in a topfolder coin.. there is one for sale at counterwallet exchange.

https://counterwallet.io/#pages/exchange.html


screenshot? You end up at the login of counterwallet

so, login and go to the exchange.

Hehe, seems to be a bit expensive at 1 XCP a coin Cheesy

legendary
Activity: 1876
Merit: 1000

If your interested in a topfolder coin.. there is one for sale at counterwallet exchange.

https://counterwallet.io/#pages/exchange.html


screenshot? You end up at the login of counterwallet

so, login and go to the exchange.
legendary
Activity: 1876
Merit: 1014

If your interested in a topfolder coin.. there is one for sale at counterwallet exchange.

https://counterwallet.io/#pages/exchange.html


screenshot? You end up at the login of counterwallet
legendary
Activity: 1876
Merit: 1000

If your interested in a topfolder coin.. there is one for sale at counterwallet exchange.

https://counterwallet.io/#pages/exchange.html
legendary
Activity: 1876
Merit: 1014
Good discussion indeed!

hero member
Activity: 742
Merit: 500
Funding the project by making 100.000.000 available from unspent FLDC for the development team and support is up for a vote as I understand correctly. My choise of words earlier might nog have been to subtile either, I am sure they will not simply be "dumped" on the market but sold when needed. --> http://foldingcoin.net/fldc-voting/ = doesn't happen if the community or those invested in foldingcoin don't want it to happen.

It doesn't take a financial expert to figure out throwing it on the open market would render the whole funding idea worthless anyway.
The market did take a hit for a little bit today, but it is bouncing back. This could still be struck down and if what happened today happens again, you will most likely see folks voting against this idea rather then for it.

I am enjoying this conversation though, I am learning a lot with you guys Cheesy I thank you all for the input and once again encourge EVERYONE to cast their vote for this very important decision http://foldingcoin.net/fldc-voting/
hero member
Activity: 742
Merit: 500
Hey RR, I told you that two days ago. Market support it's very weak cause marketing of FLDC it's 0. With this environment it's very dangerous to duplicate the market supply one day to another. Excuse me if I'm wrong, but I think that you saw 40,000 $ and they blinded your mind. The process was going in the good way, donors increasing fast and market price relatively stable.

I understand that you need money, but did you really need 40,000$ right now? Man, I really respect you, I think you are good and alive, but you really need a marketing and financial advisor, cause it's obvious that you don't have experience in that scope.

Now, let's solve this. Today the market has talked: Sell the 100M FLDC, but we are not gonna pay them at 100-150 sats. I'm sorry to say that, but the crowdsale should be at 50-60 sats level to be competitive. Then, with an attractive ICO price, you need MARKETING. If those conditions don't meet, I assure you the failure of this GOOD project, and that would be a sadness.

I think in general we all are with you, but you cannot decide a thing like that in one day man! I offer myself to help you in the financial sector if you want. I have also investings in FLDC and I'm not gonna sell them, but please, be careful with those things cause markets are very sensible, and cryptomarkets are the representation of sensibility. Grin

I'm here for anything you want RR.
  
You make some really good points and I would love you to suggest changes to this vote for the next vote coming up. For example: you can suggest an exact plan on how the sale of the coins should if it should pass. And I would love more financial advise, but this was suggested by a donor and our voting system works in a way where anyone can suggest a vote and it will be voted upon.

Now it is good to note that the person who suggested this did not post it in the voting forum directly, but i thought it was an intersting idea so i posted it for him and quoted him. I wanted to see how the community felt about it. Thats the beautiful thing about counterparty, we can allow the community to make a decision like this. 502 Folders have a valid voice (FLDCVOTEIII) on if this should be passsed and no one person has a dominating vote due to the vote process changes of the previous vote that caps the amount of votes one gets.

Please submit what you think should be changed for next months votes here https://letstalkbitcoin.com/forum/post/phase-1-vote-for-may-2015-change but you must be an LTB member, and hold 1 FLDC, but it doesnt take long to sign up. Tutorials for that can be found here http://foldingcoin.net/letstalkbitcoin-guides/#LTB
hero member
Activity: 742
Merit: 500

 So far this is by far the most important vote we have had http://foldingcoin.net/fldc-voting/


1.  why is phase 2 (april) before phase 1 (may)
2.  why cant we discuss this here.. I do not want to signup yet another board to discuss
3.  100M foldcoin is more than the market can bare.  current price is NOT 100 satashis for this much coin
4.  just the word of this sale has dropped the bid to 65 satashis
5.  @ 65 satashis I am turning off my 5.5M ppd  rigs... doesn't pay for the power.

1. Phase 2 stands for what is currently up for vote. For example: this vote that we are currently in is taking place in March and should it pass will be implemented in April. Phase one is the discussion for what will be voted on during april to be passed in May. Each phase is a two step process

2. We absolutely can discus this here, the private forums are just nice because we know that everyone in there is a FLDC holder, but I encourage the discussion here, or maybe even on our reddit which is not currently being utilized http://www.reddit.com/r/FoldingCoin/

3. This is true, and i understand both sides of the argument. I encourage since you feel this way for you to vote against this and convince the others to vote against this as well. I am still undecided on which way i will vote (FYI i only have 100K votes)

4. The price has climbed back to 113 currently as i think many mixed up that this was actually implemented now, but we still have 29 days until this will be passed or not, just impulse market selling

5. I completely understand this and i do not blame you for this action. I hope the new merged folding coins we will be announcing (we have some exciting ones) will change your mind. But without funding, eventually this coin will loss its value overtime. We need to be releasing features that you can use FLDC for and we feel the marketplace we spoke about in the recent public meeting will help drive that value
member
Activity: 65
Merit: 10
Hey RR, I told you that two days ago. Market support it's very weak cause marketing of FLDC it's 0. With this environment it's very dangerous to duplicate the market supply one day to another. Excuse me if I'm wrong, but I think that you saw 40,000 $ and they blinded your mind. The process was going in the good way, donors increasing fast and market price relatively stable.

I understand that you need money, but did you really need 40,000$ right now? Man, I really respect you, I think you are good and alive, but you really need a marketing and financial advisor, cause it's obvious that you don't have experience in that scope.

Now, let's solve this. Today the market has talked: Sell the 100M FLDC, but we are not gonna pay them at 100-150 sats. I'm sorry to say that, but the crowdsale should be at 50-60 sats level to be competitive. Then, with an attractive ICO price, you need MARKETING. If those conditions don't meet, I assure you the failure of this GOOD project, and that would be a sadness.

I think in general we all are with you, but you cannot decide a thing like that in one day man! I offer myself to help you in the financial sector if you want. I have also investings in FLDC and I'm not gonna sell them, but please, be careful with those things cause markets are very sensible, and cryptomarkets are the representation of sensibility. Grin

I'm here for anything you want RR.
 
legendary
Activity: 1876
Merit: 1000

 So far this is by far the most important vote we have had http://foldingcoin.net/fldc-voting/


1.  why is phase 2 (april) before phase 1 (may)
2.  why cant we discuss this here.. I do not want to signup yet another board to discuss
3.  100M foldcoin is more than the market can bare.  current price is NOT 100 satashis for this much coin
4.  just the word of this sale has dropped the bid to 65 satashis
5.  @ 65 satashis I am turning off my 5.5M ppd  rigs... doesn't pay for the power.
hero member
Activity: 742
Merit: 500
Try to look at it, as if a Company is looking for investors. and selling shares of the company to the Public..
current market cap of all possible 1000000000 FLDC is 1000 BTC
and it have the potential to grow much more than that.
forgive me if i am wrong, I am not a financial expert. if it hurt the folder's incentive in any way - maybe i was wrong

I saw abandoned coin because the developers couldn't afford keeping the project alive, and some just con everyone and ran off.
I feel that this is not the case here.

this Asset is a brilliant idea and is helping science. should be === gold. and should compete with the top coins
FLDC reward is given only for Folding@home (no ASIC or a known optimized miners, as for now..)

The extraordinary thing though about ASICs is that if an economic sized ASIC was built for folding due to FLDC becoming popular, that only has good benefits to man kind. There is an ASIC for folding, its called the ANTON supercomputer http://en.wikipedia.org/wiki/Anton_%28computer%29 but this is VERY expensive. What if folding became popular enough for someone to invest in creating an economic sized one? Would be great for the battle against cancer Cheesy

I see the value of both sides of the arguement here, but everyone PLEASE make sure you cast your vote for this. So far this is by far the most important vote we have had http://foldingcoin.net/fldc-voting/
legendary
Activity: 924
Merit: 1000
Try to look at it, as if a Company is looking for investors. and selling shares of the company to the Public..
current market cap of all possible 1000000000 FLDC is 1000 BTC
and it have the potential to grow much more than that.
forgive me if i am wrong, I am not a financial expert. if it hurt the folder's incentive in any way - maybe i was wrong

I saw abandoned coin because the developers couldn't afford keeping the project alive, and some just con everyone and ran off.
I feel that this is not the case here.

this Asset is a brilliant idea and is helping science. should be === gold. and should compete with the top coins
FLDC reward is given only for Folding@home (no ASIC or a known optimized miners, as for now..)
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