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Topic: [ANN] Freicoin: demurrage crypto-currency from the Occupy movement (crowdfund) - page 4. (Read 68048 times)

full member
Activity: 338
Merit: 100
Over one million FRC for sale at freiexchange for 135 sat, easy way for someone to aquire a significant amount without pumping the price
full member
Activity: 338
Merit: 100
Of course, but this price is super low.
With future developement it can be good, right now not so much.

Things are cooking behind the scenes though, take a look at the freiexchange that someone linked above, its pretty neat.
Also there are other news coming shortly.
newbie
Activity: 42
Merit: 0
Where are the devs of this coin?

the devs are currently pulled into the sidechain and freimarket project and bitcoin core development. good for bitcoin Smiley




Can someone explain what are the advantages and disadvantaves .
Just judging by the team , other Coin seems superiour . More features , already more resources for development funding, etc .
full member
Activity: 338
Merit: 100
I think this one can be a good buy.
It will rise at some point, better take position.
full member
Activity: 228
Merit: 250
member
Activity: 107
Merit: 10
Just in case anyone is looking for an exchange- it's here:

https://freiexchange.com
member
Activity: 105
Merit: 10
Valar nomordumpis.
If anyone wants to sell any freicoin OTC send me a dm
legendary
Activity: 1024
Merit: 1004
Anyone still holding this coin interested in swapping it for 2GIVE?

http://bit.ly/2GiveCoin

Main site:

http://2Give.Info

ASIC/GPU/POOL resistant and on three exchanges (including Bittrex!)

legendary
Activity: 1148
Merit: 1018
It's about time -- All merrit accepted !!!
difficulty has been fairly low, i would just go solo
legendary
Activity: 1308
Merit: 1011
donator
Activity: 293
Merit: 250
estimated altcoin inflation or total supply over the next 10 years?

coincap 100 million
demurrage / redistribution around 5% per year  
so ideally no inflation just demurrage, once block 170.000 or so is reached Smiley

http://freico.in/static/images/how/coins_in_distribution.png

Currently we are around at block 131.000:
https://coinplorer.com/FRC/

with target blocktime:
600 seconds

coincap its reached in around 277 days

please correct me if I am wrong

(80% from the initial coins go to a foundation, which gives out coins to projects for donation matching)
http://foundation.freicoin.org/#/


donator
Activity: 293
Merit: 250
Where are the devs of this coin?

the devs are currently pulled into the sidechain and freimarket project and bitcoin core development. good for bitcoin Smiley


sr. member
Activity: 252
Merit: 250
Where are the devs of this coin?

Git repo says the last commit was in July 2014...
sr. member
Activity: 328
Merit: 250
launched in 2012...
a "prehistoric" coin...

$2,559 trading volume over the last 30 days at Cryptsy,

any community?

estimated altcoin inflation or total supply over the next 10 years?

the information is needed for http://alt19.com/19/cryptocurrency.php

thank you
sr. member
Activity: 261
Merit: 250
Very interesting currency platform. Stability is backed by silence.
hero member
Activity: 906
Merit: 1034
BTC: the beginning of stake-based public resources
Why are floating point calculations used in FRC as opposed to say fixed point arithmetic?

I understand consensus on the network is crucial to trying to pick a system to calculate long decimal places consistently, so what was the rational for this choice? Was there a list of pros and cons for this choice?
legendary
Activity: 1148
Merit: 1018
It's about time -- All merrit accepted !!!
you must be kidding,


set your conf file to
listen=1
daemon=1

node had 30+ connections at all times !!
Can i have some addnodes please? Only 1 connection for me.
full member
Activity: 882
Merit: 102
PayAccept - Worldwide payments accepted in seconds
Can i have some addnodes please? Only 1 connection for me.
legendary
Activity: 2142
Merit: 1025
Some coins offers services like Videocalls (cheaper than Skype), others are trying to achieve mass adoption. Those are investments.
The ones that no ones cares about are for especulation

No my point is that money or any abstract token is not real capital (producing goods) and thus buying those is not an investment.
Sure you need to eat but buying food is not an investment because food is a consumer good. If you buy amazon gift cards, you wouldn't cal that an investment.
Also tokens redeemable for centralized services (like video calls) don't need to be a p2p currency. They could just as well be colored coins or any other tech for issuing assets.
They don't need to have a floating exchange rate either, the issuer could sell them at a fixed price (again, like gift cards).
So buying these so called "appcoins" is also speculation, nothing different there.

Anyway, we're getting offtopic...

I invest in projects with:
1) Product (some include in the wallets: VideoCalls, Stadistics, Exchange, whatever it helps for mass adoption)
2) Placement (where people can buy it = exchanges)
3)Promotion (people need to hear about it)
4) Team (Dedicated people working on the project)
5) Focused strategy (they all know what are their objectives)

If they dont have this, you can call it speculation.

The competition is how many people using your coin you can achieve
legendary
Activity: 1372
Merit: 1002
Some coins offers services like Videocalls (cheaper than Skype), others are trying to achieve mass adoption. Those are investments.
The ones that no ones cares about are for especulation

No my point is that money or any abstract token is not real capital (producing goods) and thus buying those is not an investment.
Sure you need to eat but buying food is not an investment because food is a consumer good. If you buy amazon gift cards, you wouldn't cal that an investment.
Also tokens redeemable for centralized services (like video calls) don't need to be a p2p currency. They could just as well be colored coins or any other tech for issuing assets.
They don't need to have a floating exchange rate either, the issuer could sell them at a fixed price (again, like gift cards).
So buying these so called "appcoins" is also speculation, nothing different there.

Anyway, we're getting offtopic...
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