Topic: [ANN] New PinkCoin (PINK) Moderated Thread | PoS | Fundraiser | Anonymous - page 8. (Read 223761 times)

As I know, PinkCoin Windows Wallet 1.2 RC1 is working with no issue -try this one.
 
By the way for about 90$ we can become pink millionaire at the moment - cost not so much to have a fun with pinkcoin.
Is this coin pure POS with 1% inflation a year now?

Hi! I havnt opened my wallet for almost a whole year.... Please, I need some help getting it synched
 

thanks

Holy moly. I finally synced and unlocked my wallet after several months and have been getting endless 1.5+ coin stakes. I didn't realize they would build up like that. I used to get like 0.006 coins every few minutes when I staked it non-stop, but this is just a constant deluge, cool!

Ha, BitcoinNational, funny seeing you in the Pinkcoin thread 

I'm buying at least a million for pinkcoin poker, hoping to help get some traffic there.

The wallet is definitely sluggish. It had those problems before, but ya, some 'not responding' and high computer load. I hope a wallet update will clear these issues soon.

learn something eve'rday didn't even know of the orphan chart
thanks fairglu

Dear Pinkcoin Warriors,

Dcmartin, reading your posts is like a breath of fresh air, thank you for your brain. This is a great idea, I'm not a marketing student but what the hell it's never too late to start something new lol. I know Wordpress has been accepting Bitcoin for a while now for websites and blogs, I wonder if they would be willing to accept a badass altcoin like Pinkcoin too. I'll try shooting them an e-mail and see what they say.

                                                                                                                   Eternal Blessings,
                                                                                                                          Spock Skywalker@WaterisAliv1111


                                     

awesome @natmccoy I will definitely send you a message thanks

Good to hear that pinkcoin poker has not been abandoned and is actually adding improvements. I'll add the referral link to my twitch stream and stop by occasionally to look for some action. If there's any decent stakes being played I may go for the sponsorship deal.

I'm really deep in the crypto-poker world and have introduced many people to it using my stream. If whoever controls pinkcoin poker wants to have a discussion about ideas and how to attract players just send me a message.

I'm waiting to hear from Sumgye on the patch up. Should be a fix coming soon.

Any news or updates Fay?

Regards Anoxy

Thanks for the heads up, we'll get our wallet guy to look into it.

Just a "heads up" message, the orphan chart is showing a worrying trend



IME this kind of trend often indicates something is not going right, and a fork could be happening.

Some developer intervention could be needed (with a checkpoint), or more wallets staking 24/7 with good connectivity. Also be wary if you are a large stakeholder of only staking with good connectivity to many nodes, or you could unintentionally cause a fork.

I like the discussion dcmartin is starting here. The main feature for businesses to use paywithpink imo is the option to turn some none or all of the transaction fee in to a donation. The ideas are all here, continual staking rigs set up for the charities so people can donate for life to save lives. Also I believe the incentive lies with the consumer themselves to encourage their online retailer to accept pink. That is the #1 incentive for a merchant to accept paywithpink because a would be customer asked for it. But the main hurdle is how to get the message to people who don't know about crypto. Also there are a couple huge companies that have branded themselves PINK. The main thing imo that seperates pinkcoin from other altcoins out there is the positive brand awareness to charity. So i think the key would be to give consumers and retailers a platform that allows for secure fast transactions with minimal fees. The savings that would have gone to Credit card companies can go towards savings for the consumer possible donations through PWP or a rewards system for using PWP. If it became successful it could operate like any other rewards system like airmiles or groupons. Nice to see some discussion in here again.

Also I will be blitzing twitter about Pink Poker. Its demeaning I know but someones got to do it. Would appreciate any support out there.

https://twitter.com/m_ad_04m_ax_

cheers

DCmartin is one of our newest, brilliant Pinkarmy reps, too bad he's been talking to himself on here.

As of right now, this thread is now among many others that will stay permanently open in my browser.

Thanks DCmartin for the push.



Edit/Addition


http://playpoker.pink/

For those that are unaware, we brought PinkPoker back a little over a month ago.

This time we added an affiliate/referral system, your link can be found on your account page.
You will receive 5% of the rake from all your referrals, we will likely be bringing levels into this in the near future, but for now, it is a flat 5%.

Currently being added is a sponsored players program, this will be a bonus for all the PINK millionaires as well.
You will likely get 100% rake back, and earn a commission of all the rake acquired during the hands you play.

A marketing strategy would be to ask shop owners directly if they are willing to provide a small discount for Pinkcoin customers.

It might be out of the comfort zone of a programmer to call vendors but this would be an ideal task for a marketing student who tries to gain some experience. Does anybody here in the forum know some Marketing students?

There was some indication of the developers to integrate pay-with-pink for a little fee or even for free into an existing website if the shop provides a a small discount for Pinkcoin customers.

In my opinion the most important question to solve is: "What incentive does the customer have to use PINK and not just buy the product with BTC or fiat?".
 
 When compared to credit card payments the Pinkcoin advantage is obvious. The credit card company charges significant fees for example swipe fee, transaction fee, statement fee, monthly minimum fee and so on. The most risky one being the chargeback fee which would not occur when paying with Pinkcoin. These fees usually are hidden from the customer but the customer pays it because it's priced into the goods.
 
 If we could get some arrangement with the shop owner to give some percentage, let's say 2%, back to the customer it is a win situation for the shop and it is a win situation for the customer. It would be possible to introduce a structure to determine how much of it goes into charity for a good cause, how much is the advantage for the customer and how much is incentive for the merchant. If the customer consistently get's a 2% (this is just an example figure) discount on all purchases it would be a strong customer incentive to use Pinkcoin.

The answer was that the main developer team already experimented with the pay-with-pink idea but pay-with-pink got thrown to the backburner for 2 reasons:
- the fiat conversion seems to be a challenge
- vendors are required who actively participate in pay-with-pink.

Basically, pay-with-pink means that the customer pays with Pinkcoin to make a purchase. There are two main transitions:
1. Fiat ---> Pink (customer needs Pink)
2. Pink ---> Shopping (customer uses Pink for shopping)

Interestingly, the main developers are about to complete a conversion tool (there was a screenshot on slack, it looks intuitive and easy to use) that allows to convert Pinkcoin to a multitude of cryptocoins. Let's say, if a vendor accepts Bitcoin for payment he or she already can accept payments in Pinkcoin.

For me this looks like for transition 2 (=shopping with Pink) Pinkcoin should already be in a good position once the tool for automatic conversion into BTC is fully up and running. This will allow any shop who accepts Bitcoin to accept Pinkcoin as well.

Thanks to all who replied to my previous post!

I previously asked the question: "Where can I find here information on pay-with-pink or any serious discussion in support of the coin? "
Then I received a few answers, for example:
"There's not really anywhere to read up on it all as we just build stuff and update people as questions come up.

My thoughts to this were:

Pink has a great name and one of the better communities compared to other altcoins.

There are though things, if we look from a realistic perspective, that should be improved:

1. A coin needs a purpose.
- I like the charity idea but a coin is unlikely to run on charity alone.
- A bot doesn't give a coin a purpose, the bot can only work as price support (if it works).
- The anonymity feature of Pinkcoin relies on a centralized server and is therefore not strong enough to compete with other anonymity coins.
- What is left is the "pay-with-pink" for which I do not find information on the slack channel or on bitcointalk.  "Pay-with-pink" is the single most interesting project that bears the most potential for Pinkcoin. Why is there so little focus / information?

2. A coin needs marketing.
...
- Is there any approach of the Pinkcoin development team to actively reach out to businesses to promote pay-with-pink? What incentives do businesses have to use pay-with-pink?

I'm trying to provide a recap of some of the ideas that were discussed in the Pinkcoin slack channel. Apologies if you've already read the discussion on slack. I will put some of the ideas onto the bitcointalk thread since here is potentially a larger audience for discussion.

The following considerations about Pinkcoin are my opinion and not a trading advice (e.g. to sell or buy Pinkcoin). I do not represent the developer team. According to fayoling Pinkcoin is an open community coin where many people can contribute.

Thanks fayoling for sending the invitation!