Topic: [ANN] [GLB]Globe – One Currency for One Globe - Polished and Ready for Action - page 13. (Read 113609 times)

Do you have any plan to reduce the tax rate?

20% is not a big deal, see AUR/MAZA has 50% premine.
However, you might come to something special to convince people the meaning of the 20%.
For example, AUR/MAZA are distributed to every people in their community (Iceland or Traditional Lakota Nation).

Go to some charity might be good. We need to find something hot to do so.
Investigate into somewhere might be good as well.

Yes... Well the crypto industry is like the wild west best not to keep your money in any exchange for too long. To be honest these exchanges are giving Cryptsy a run for its money. Let's not forget how difficult it was to get on an exchange before these smaller ones started launching. Some of them will prove to be trustworthy as time goes on. 

That probably is the cause yes. I am getting a bit wary of all those new exchanges though. There have been a lot of problems lately.

I think they have both been designed using Bootstrap that's why they look similar.

Is cryptoex the new coinmarket.io? They look quite the same...

I just sent mintpal a request to add GLB to the voting list. That exchange looks good, is fast, and could be one of the big upcoming exchange IMO.

One quick thing guys.

We have also been added to CryptoEX. You can trade here : https://cryptoex.cc/market/glb_btc

They are having 0% fees for first couple weeks.


This means we how have 2 exchanges : CryptoEX.cc and Poloniex.com

Lazycoins has also added Globe and is at beta stage

I agree 20% is too high but like maardein said at this stage when the Globe exchange rate is low and market cap is low this is when we need it the most.

I think trying to put something in the code is not helpful simply because we can not predict when the market cap or price will rise. You can't say between X and Y blocks we will have very high market cap and high price. When the Globe price rises we really don't need the 20% we can start reducing it and I would be happy for the tax to be very small over the long run but like said the exchange rate and market-cap would need to be high.

Yeah, if you do away with PSM and RES, 20% tax is way to high.

I don't know if a temporary removing of tax is good, since I think you will need the funds most now, and not in the future (even though GLB is worth less now). Maybe put a lowering mechanism in? So every X blocks, the tax drops with 1%, up till a minimum of say 5%.

saw the changes. So you simply merge the two 10%? People are still concern with the "20% premine".
It's better to remove the taxes for a while, e.g., from 150000 blocks to 500000 blocks.
What do you think?

First post now changed. Following changes will come in the following days. Thanks for all your support.

Ok, So I will start cleaning up the first post , make it super simple and explain to people how Globe will keep evolving, adding new features and advertising like a boss.

I will keep the reserves page up on the site and keep the reserves in their wallets for a day or two just if you want to have one last look.

I think you have all put forward your concerns and I appreciate that but I think continuing to discuses this would make us go round in circles and the same points repeated. If you however have other concerns not yet raised feel free to post.

I hope over the coming days and weeks we will start to see a positive increase .

I am looking for Employees and willing to pay in GLB .

If you think you have something to contribute e.g. advertising, spreading the word etc. I will happily pay you some GLB on a per job basis. So shoot me a PM !

Thanks
Sphere 

Thanks, sent him a message.

I offered at 0.1 BTC bounty and this user claimed the award and got one setup: https://cryptocointalk.com/user/4841-tompetus/

Short question in between: who set up the current block explorer?

Hi,

Having slept over it I think I have made a final decision to scrap them. I have considered all your opinions and feel the drawbacks of scrapping does not out weigh the benefits.

Yep agreed volume is just as important as price and we need to get some volume going. Price may not necessarily follow but volume is what we need to attract companies and people to adopt Globe.

Sphere, I get the feeling that you have actually decided already decided what you are going to do with the RES and PSM, and that our opinion doesn't really matter.

About coinwarz/coinmarket cap etc, I have been following Premine (PMC) as well since the beginning, and the day we got listed on coinmarketcap there was a temporary 15x increase in price, which then went down to a 10x increase. The volume also increased around 10x however, and stayed there. Volume is what we need as well, price will automatically follow.

Already talking to some pool OPs.  .

 I have not made the decision regarding the reserves and PSM simply because of the mtgox incident or the issues facing bitcoin and alt-coins. We need to change and the stats have indicated this well before the incidents.

Plus with the reserves and PSM now out of the way I hope to really get Globe accepted and used in new places like coinwarz.  The giveaway will not be a tradional one, more details to come .

Not a fan of switch pools. They can seriously make the hash volatile and maybe even kill Globe. Unlikely due to our difficulty algo but possible none the less.

Thanks
Sphere

I see, you have heavy discussion about GLB.  Ok that is cool, but i thing there is an little major problem in which we are looking.
GLB must be seen from mass of people which are miners mainly from alt coins. How to do this ? GLB must be listed in www.coinwarz.com. If the people see that is constantly listen on the top with percentage 100%+or around 100% then we will get miners. When we get miners we will get volume and the price will also be stabilized. With more miners we need at least two additional pools. There were two in the past, but both are dead now (poolerino and ecoining). The only alive pool is suprnova which have some issues in last days.
Sphere, i think you should talk to some pool owners to add GLB into their pool environment. The best would be to add GLB into some switch pool. Sorry to mention that, but coinew.pw could be good start. There are pools, there is exchange and it could be good covered there.
I talked with captainfuture from coinex.pw time ago if they have plans to implement GLB into exchange. He told me that they have GLB on list.

That would be maybe the first to do, before you goes to reserves and giveaways. I am also not for giveaways, because this does not help GLB. Giveaway is ok when the coin is extremely young, but GLB is not anymore and now this giveaway will produce more dump then stabilization.

And nerioseole has right, all coins have problems now, because of the latest situation of Mt.Gox and other negative marketing of BTC.

This is how i see the current situation.

I don't think the PSM and Reserves have in any way been a positive factor in our performance. Once we get rid of them I think you guys will see a much faster rate of growth. Like I said alot of people in the community feel these two ideas to be half-baked and I kind of agree once we get rid of them you will hopefully see an acceleration in our growth.

I totally agree that all alt-coins have faced price drops etc. but even then we are in a very bad position. Even when compared with all the other altcoins our trade volume and market cap is very very low. I'm not completely writing off the two features I just think their are many more features we can build to better Globe before we try and tackle something as complex as this.

So I hope I have your support and I hope that these two changes will really make a positive impact on the future.

I am not doing this due to some over reaction regarding the Mtgox debacle or the recent price crash. It's been three months and even before these incidents Globe was not doing well.

Thanks
Sphere

Hi sphere, nerioseole, and maardein,

First, thanks for your contribution to the future of Globe.
I agree with sphere that GLB needs some big changes, otherwise it might die.
I agree with nerioseole and maardein that reserves make GLB unique.

Here is my suggestion:
1. 10% Reserve and 5% Dev/Ad. Merge PSM funds to reserves. And keep the reserves (10%) and dev/ad (5%) taxes. Set the hard fork point to some block, e.g., 150000, so that pool operator and GLB owners have time to upgrade their wallet. If owners don't upgrade their wallet, the synchronization will stop at a particular checkpoint and a notification will ask owners to upgrade. If miners don't upgrade their wallet, their found blocks will become orphan. So the most important thing is to keep our mining pools upgraded. At this point, it is not a big deal for such change.
2. Reserves. The reserves are reserves. GLB owners could claim their GLB for BTC, if their GLBs are older enough. That is, if their GLBs were received, e.g., 10000 blocks, ago. This can prevent instant dumping. Also, their must be some limitation on the amount. The exchange rate is determined by (GLBs to be claimed)/(Total Mined GLBs)*Reserved GLBs.

By the way, don't be panic at this time. All ALT-coins are dropping these days. They will rise up again once people have their faith in cryptocurrencies again.
Three months also let the GLB community realizes that sphere is trustable to manage these reserves. So keeping the reserves is not a bad idea. If sphere insists to remove all taxes, then we can have a test. For example, you can set between xx and yy blocks, there will not be any taxes. After yy blocks, there will be xx% taxes for reserves and dev/ad. One-time code change is enough.

What do you think?
bcfanminer