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Topic: [ANN] New Crypto Currency BestCoin (Read 2489 times)

newbie
Activity: 41
Merit: 0
August 15, 2013, 05:18:46 AM
#32
Coin is not syncing any working NODES? the one in 1st post doesn't help
newbie
Activity: 35
Merit: 0
August 01, 2013, 06:33:47 PM
#31
BsttH6xBasn433T2Poh2Np8C4riUjRHQVT
sr. member
Activity: 464
Merit: 252
August 01, 2013, 05:27:13 PM
#30
CBXBuVN6WLVYacv8mxHn3DykFzomAq7YZf

Thanks Smiley
hero member
Activity: 950
Merit: 1001
August 01, 2013, 02:43:21 PM
#29
Only those that are already well established (Litecoin, Namecoin) or offer true innovation have a chance to survive.

I don't see any innovation in Bestcoin. If it's a premine than it is a deadborn for sure.
+1
BitBar is already "rare", which is pointless anyways since the units are arbitrary. Premine/seigniorage means either "pump & dump" at worst or "thinks he's smarter than a market" at best.

Let me explain the idea behind BestCoin.
1. It's a long term project (atleast for me), and I can assure you it's not a pump & dump scheme, and I'm not smarter than a market (no one is).
If the market participants are rational, then they'll pledge towards these bounties voluntarily. We're already seeing this with Bitcoin; people are starting exchanges for profit because there is no risk of spent-premine "inflation", and they're donating to bounties because it makes their remaining Bitcoins worth more than their total would have been without donating.

Assurance contracts work, they're simple, and they allocate resources based on a crowdsourced assessment of importance.

Premines and seigniorage carry with them the risk of sudden inflation. This scares off speculators, which reduces liquidity, which makes the price more volatile, which scares everyone else away.

Look at the cryptocoins with the highest market caps right now - no premines, and still plenty of exchanges/pools/innovations. Every coin that did something really interesting but had a premine was subsequently replaced - Ixcoin by I0coin, Tenebrix by Fairbrix, etc. Litecoin didn't even really break any new ground other than a fair launch, level playing field, and good communication.

Quote
2. The "rare" part is true, because in several years, there will be less BestCoin compared to Bitbar, franko...., and it will only became harder and harder to get one.
Why stop at 1,000,000? Why not just make 1 Bestcoin, or 0.001 Bestcoins?
member
Activity: 63
Merit: 10
August 01, 2013, 01:06:11 PM
#28
I mined, but accepted 10 only confirmed 5.  ...............................

why?

The other 5 for sure are orphant blocks

Oh,I see,

if there are mode node,that will be better.

newbie
Activity: 26
Merit: 0
August 01, 2013, 10:46:05 AM
#27
Only those that are already well established (Litecoin, Namecoin) or offer true innovation have a chance to survive.

I don't see any innovation in Bestcoin. If it's a premine than it is a deadborn for sure.
+1
BitBar is already "rare", which is pointless anyways since the units are arbitrary. Premine/seigniorage means either "pump & dump" at worst or "thinks he's smarter than a market" at best.

Let me explain the idea behind BestCoin.
1. It's a long term project (atleast for me), and I can assure you it's not a pump & dump scheme, and I'm not smarter than a market (no one is).
2. The "rare" part is true, because in several years, there will be less BestCoin compared to Bitbar, franko...., and it will only became harder and harder to get one.
newbie
Activity: 26
Merit: 0
August 01, 2013, 10:31:56 AM
#26
I mined, but accepted 10 only confirmed 5.  ...............................

why?

The other 5 for sure are orphant blocks
member
Activity: 63
Merit: 10
August 01, 2013, 10:27:02 AM
#25
I mined, but accepted 10 only confirmed 5.  ...............................

why?
hero member
Activity: 950
Merit: 1001
August 01, 2013, 09:44:10 AM
#24
Only those that are already well established (Litecoin, Namecoin) or offer true innovation have a chance to survive.

I don't see any innovation in Bestcoin. If it's a premine than it is a deadborn for sure.
+1
BitBar is already "rare", which is pointless anyways since the units are arbitrary. Premine/seigniorage means either "pump & dump" at worst or "thinks he's smarter than a market" at best.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
August 01, 2013, 09:29:47 AM
#23
BzTmrEj5ao1t4JvoM6UZCWQEY2fymGAQne

thanks good name for the coin.
member
Activity: 63
Merit: 10
August 01, 2013, 08:46:30 AM
#22
CBQY4Qaj4ZWWmK6ctEiGmbpkZWjNBFEW9D

Giveaway? Thanks
newbie
Activity: 14
Merit: 0
August 01, 2013, 04:00:58 AM
#21
C6Rs1h3xYt55XXkFocjoZe4PkytzjLt3nC
newbie
Activity: 8
Merit: 0
August 01, 2013, 01:20:25 AM
#20
Premined 3% of total coins?

Pass, but good luck

Yes
That money is for bounty purposes, giveaway and bribes  Smiley

Yeah, sorry. This doesn't appeal to me.
sr. member
Activity: 462
Merit: 251
July 31, 2013, 10:25:11 PM
#19
oWMKucQes1iJgKABbNvcS63g5fGFCPMQHt

thanks!
newbie
Activity: 26
Merit: 0
July 31, 2013, 08:10:36 PM
#18
and the diff jumps to 7 on block 62  Grin
hero member
Activity: 490
Merit: 501
July 31, 2013, 06:33:32 PM
#17
lol, good luck.
newbie
Activity: 8
Merit: 0
July 31, 2013, 05:53:47 PM
#16
The best coin is bitcoin !  Smiley
member
Activity: 107
Merit: 10
July 31, 2013, 05:38:54 PM
#15
1 connection to network
diff 2,45
sr. member
Activity: 248
Merit: 251
July 31, 2013, 05:19:09 PM
#14
Premined 3% of total coins?

Pass, but good luck

Yes
That money is for bounty purposes, giveaway and bribes  Smiley

we don't accept bribes, out !

newbie
Activity: 26
Merit: 0
July 31, 2013, 05:16:56 PM
#13
Premined 3% of total coins?

Pass, but good luck

Yes
That money is for bounty purposes, giveaway and bribes  Smiley
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