[ANN] [HZ] HertzCoin | X13 POW/POS | Launched! on C-Cex! - page 11.

HertzCoin

full member

Activity: 239

Merit: 100

Quote from: xtent on August 13, 2014, 06:39:57 PM

You obviously do not know much about RF spectrum, this coin is a flop.
I work in the industry and when spectrum becomes available, it is auctioned to the highest bidder.

Hmm If you work in the industry than how come you don`t know about spectrum secondary market?

HertzCoin

full member

Activity: 239

Merit: 100

Quote from: Truther on August 13, 2014, 08:22:05 PM

The only way this will work is if the coins are already tied to a number of frequency that are for sale. So if anyone who is reading this owns some RF frequencies you could really make a killing if you'd sell frequency bands with this coin, but if there are no frequencies to back the coin...DOA.

The interesting thing about spectrum secondary market is there are always some frequencies for sale. And put aside big frequencies like GSM - they are way too expensive. However there is a huge market under this and sellers/buyers act very much like you act trading crypto. For a big frequency exchange example in USA you may check spectrum bridge - but there is nothing similar easy to pick up in Europe. Ofc there are some legislative constrains but they are easy to overcome when you know what papers print and what bureaucracy to follow while dealing with spectrum.

chocobo

hero member

Activity: 540

Merit: 500

So if the coins dont represent ownership of a certain spectrum (they can't because of the difference between area/use) what exactly is the benefit of using HZ in trading? They aren't 'backed' so I just dont see the reason anyone would switch to using HZ or even be able to. Please explain.

chocobo

hero member

Activity: 540

Merit: 500

whats with the 5-7 min block time?

Truther

full member

Activity: 209

Merit: 100

Opal Dev

The only way this will work is if the coins are already tied to a number of frequency that are for sale. So if anyone who is reading this owns some RF frequencies you could really make a killing if you'd sell frequency bands with this coin, but if there are no frequencies to back the coin...DOA.

xtent

full member

Activity: 154

Merit: 100

With competition more fierce than ever to get a block in any particular area of the spectrum, it runs into the 100s of millions just for a piece.

Please explain why any bidder of spectrum would use your coin?
$ talks that is it.
Even if some silly little company put a bid in on the low end it would take every coin you have in circulation at a price of $10 or more and on top of that, the govt auctioning it would not accept this silly coin.

This is a scam backed by nothing.

Bonn3rs

full member

Activity: 154

Merit: 100

Quote from: xtent on August 13, 2014, 06:39:57 PM

You obviously do not know much about RF spectrum, this coin is a flop.
I work in the industry and when spectrum becomes available, it is auctioned to the highest bidder.

That and once again, the coin is claiming to be tied to the value of something when it has no actual backing, only the premise people might use it to purchase that substance. Who in the industry is seriously going to use this coin to purchase rf spectrum. In the UK we have several free bands for general use and everything else is auctioned off. There's no spectrum to sell.

animalroam

legendary

Activity: 1073

Merit: 1000

Can you go on the IRC? The channel #hertzcoin is feeling kind of empty :/.

xtent

full member

Activity: 154

Merit: 100

You obviously do not know much about RF spectrum, this coin is a flop.
I work in the industry and when spectrum becomes available, it is auctioned to the highest bidder.

Revelation

sr. member

Activity: 462

Merit: 250

Watt cion? hmmm

minerpools

hero member

Activity: 574

Merit: 500

( ͡° ͜ʖ ͡°)

Quote from: rhkazani1 on August 13, 2014, 05:55:22 PM

Which pool is finding blocks?

We have but most of the hash is now focused on other pools

SalimNagamato

legendary

Activity: 924

Merit: 1000

Quote from: HertzCoin on August 13, 2014, 06:08:58 PM

Quote from: SalimNagamato on August 13, 2014, 06:00:21 PM

Quote from: SalimNagamato on August 13, 2014, 05:51:16 PM

http://salim-pools.zapto.org:9910/chain/HertzCoin

fixed decimals to 6

Great! Please PM your HZ wallet address. I'll send you a bounty

it is still not perfect (I saw it getting stuck sometimes)
maybe need mysql, or reverse proxy

HertzCoin

full member

Activity: 239

Merit: 100

Quote from: SalimNagamato on August 13, 2014, 06:00:21 PM

Quote from: SalimNagamato on August 13, 2014, 05:51:16 PM

http://salim-pools.zapto.org:9910/chain/HertzCoin

fixed decimals to 6

Great! Please PM your HZ wallet address. I'll send you a bounty

SalimNagamato

legendary

Activity: 924

Merit: 1000

Quote from: SalimNagamato on August 13, 2014, 05:51:16 PM

http://salim-pools.zapto.org:9910/chain/HertzCoin

fixed decimals to 6

rhkazani1

hero member

Activity: 504

Merit: 500

Which pool is finding blocks?

SalimNagamato

legendary

Activity: 924

Merit: 1000

http://salim-pools.zapto.org:9910/chain/HertzCoin

Fablio2

sr. member

Activity: 464

Merit: 252

Quote from: UGETHIT on August 13, 2014, 05:26:14 PM

Quote from: litecoin111 on August 13, 2014, 05:24:56 PM

Quote from: bathrobehero on August 13, 2014, 05:24:10 PM

Quote from: ?? on ??

fuck this shit man
i;m getting sick of all the scams
if its not FUD its chinese mega farms raping coins on launch
this shit coin soon as hits exchange dev is gonna bail

I only see this trend with x11 and x13. Thoughts?

FPGA Farms..X11 and 13 are very FPGa friendly

I think it maybe botnet friendly also.

All coins are botnet friendly (except period of solo-only mining coins with new algo). But it does not last long.

UGETHIT

full member

Activity: 168

Merit: 100

Quote from: litecoin111 on August 13, 2014, 05:24:56 PM

Quote from: bathrobehero on August 13, 2014, 05:24:10 PM

Quote from: ?? on ??

fuck this shit man
i;m getting sick of all the scams
if its not FUD its chinese mega farms raping coins on launch
this shit coin soon as hits exchange dev is gonna bail

I only see this trend with x11 and x13. Thoughts?

FPGA Farms..X11 and 13 are very FPGa friendly

I think it maybe botnet friendly also.

litecoin111

full member

Activity: 205

Merit: 100

Quote from: bathrobehero on August 13, 2014, 05:24:10 PM

Quote from: ?? on ??

fuck this shit man
i;m getting sick of all the scams
if its not FUD its chinese mega farms raping coins on launch
this shit coin soon as hits exchange dev is gonna bail

I only see this trend with x11 and x13. Thoughts?

FPGA Farms..X11 and 13 are very FPGa friendly

bathrobehero

legendary

Activity: 2002

Merit: 1051

ICO? Not even once.

Quote from: ?? on ??

fuck this shit man
i;m getting sick of all the scams
if its not FUD its chinese mega farms raping coins on launch
this shit coin soon as hits exchange dev is gonna bail

I only see this trend with x11 and x13. Thoughts?

Topic: [ANN] [HZ] HertzCoin | X13 POW/POS | Launched! on C-Cex! - page 11. (Read 111929 times)