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Topic: [ANN] WampumCoin [WAM]/Wampumcoin.com Announcement update - page 5. (Read 14783 times)

legendary
Activity: 1260
Merit: 1000
Can anyone explain why the payout is now 95,000 instead of 100,000 on the mining pool?

The block crawler seems to indicate 100,000 coins, so where are those 5,000 coins going?


Is it possibly the pool fees and or your donation amount?
newbie
Activity: 27
Merit: 0
Can anyone explain why the payout is now 95,000 instead of 100,000 on the mining pool?

The block crawler seems to indicate 100,000 coins, so where are those 5,000 coins going?
full member
Activity: 182
Merit: 100
Goodmorning (my time), I hope that everyone is going well here.

I'd like to ask everyone who can to take a minute to please help me compile a list of products and services they would be readily pay for with wampumcoin.

You know, hosting, soap, advertising, potato chips, anything. All joking aside, I'm looking for a list of at least 10 things you guys would seriously pay for.

Btc dr




If your looking for merchants, just go to any other being used coin and see when there listed. Example for Mintcoin -
8000+ products and free international shipping! https://altoutlet.com/mint
Buy sextoys, over 4000 products! http://www.cryptosextoys.com
Sovereign Numismatics http://www.sovnumisltd.com/alt-currency.html
................

 I would like to see a program similar to
http://www.americanforests.org
http://www.treesforthefuture.org

or

http://www.thinkgeek.com
member
Activity: 94
Merit: 10
Goodmorning (my time), I hope that everyone is going well here.

I'd like to ask everyone who can to take a minute to please help me compile a list of products and services they would be readily pay for with wampumcoin.

You know, hosting, soap, advertising, potato chips, anything. All joking aside, I'm looking for a list of at least 10 things you guys would seriously pay for.

Btc dr

member
Activity: 94
Merit: 10
Bitcoin is too much for me right now, and I know it's not much, but I'm trying to do my part with Doge...





Btc dr


legendary
Activity: 1260
Merit: 1000
Good stuff so far Worth.....looking forward to hearing more.  By the sounds of it, I am in a very similar boat to you.....have lots of Wampum to help out with, but little in other resources to throw down at the moment.  Perhaps if we could rally 5 interested parties to split that cost for the Mac wallet, I would be one of them.

As I said in my PM to you, am more than happy to donate some Wampum to add to your giveaway as well........more to spread around can't hurt.

#1........wouldn't do that either!
#2........did that some time ago:-)
hero member
Activity: 558
Merit: 500
OK, so I've been slammed with consulting work and haven't been able to get back here to post for a while.  I've got a couple of different things to mention related to Wampum so I'm going to split them into different posts to keep it easier to read through.

First off, as mentioned, I am planning a giveaway and a drawing for the subscribers on my newsletter (over 25,000 people) and on Twitter to help raise awareness of the coin.  

But before I can do that, we need a working Mac wallet app because I have a lot of Mac users on my list.  I know one person who will compile one for us, but he charges .25 BTC and I have limited (non-Wampum) funds at the moment that I'd prefer to put towards getting Wampum onto Prypto scratch cards (Prypto.com), which is part of my plan.  I'm a Prypto reseller and that lets me add ANY coin to their platform, but I need to shell out BTC to do so.  I'm willing to do so for the good of the coin, but need to come up with more to accomplish it since I have other obligations in my business and personal life.

Anyone who is interested in the future of Wampum can help in a couple of ways.  

1) if you have dumped WAM in ComKort's BTC market, please clear your sell walls at 1, 2, 3, etc. satoshi so we can start getting the price to rise

2) buy some - it is stupid cheap right now

I have moderate sell orders at higher prices. If I can make some BTC from selling off a small percent of what I have, I can raise funds for some of what I'm working on at my end like the Prypto cards and the bigger plans I am not at liberty to discuss specifically at this point.  However, I refuse to dump at stupidly low prices.

I can see from the market history that there have been a couple of small orders and a little activity in the market this month, but we need more activity.  A lot of people only buy if they see other people buying, so someone has to take the lead.

I'm going to come back in a bit and post a couple more comments.

Oh, and if you missed it, check out my video on the parallels between traditional Wampum belts and blockchain technology:

http://www.worthgodwin.com/basic-computer-training/2014/06/video-parallels-traditional-wampum-bitcoin/
hero member
Activity: 558
Merit: 500
scrypt??good luck!

What do you mean? -- and why...?

He's basically what I like to call a "GPU holder" who is clinging to the use of mining PCs and chasing the current fad of "ASIC resistant" algos, but that's short-term thinking because ASICs are the long-term future for crypto.  You just have to expect comments like this from people.
newbie
Activity: 51
Merit: 0

RE:
[ANN] WampumCoin [WAM]/WampumCoin Awards and Bounties
https://bitcointalksearch.org/topic/m.7457548



http://mining.wampumcoin.com    - WampumCoin.com Direct Mining Pool
http://explorer.wampumcoin.com    - WampumCoin.com Block Chain Explorer
http://faucet.wampumcoin.com    - WampumCoin.com Free Coin Faucet

Support messages at:
http://wampumcoin.com/support - General
http://mining.wampumcoin.com/index.php?page=contactform - Mining

General Donations to: WjH18unNeFZo4mQD8Qtm3AN9Wi68todrk7
full member
Activity: 182
Merit: 100
What would the logistics be like to do an airdrop, or something like that on Indian ran casinos and stores to get interest going in that arena. I do not know if that is feasible or even a good idea.

I personally have a hard time getting my head around how they could use them since they could just make their own crypto to use inside casinos (seems like a good idea that could eliminate coins in machines), but maybe if there was a unified crypto that could be carried from casino to casino, then spent at reservation stores as well it may be a winning proposition for everyone.

Just a thought.

That's exactly what the "old dev" kept telling his purported plans had been. As he also claimed at the time to be (conveniently) half-Indian and, thus, know his way around and planning to spend that notorious pre-mine on "paying reps" for making it happen, this provided some kind of credibility at the time. As that turned out to be outright fraud, we're left with a coin name that might be somewhat awkward for many other uses.

The thing going nicely with what "Wampum" is (and also solving any name problem) would be coloured coins (smart contracts) and all kinds of certifications, registrations and smart property transactions built on top of the Wampumcoin block index. This can be done with ANY coin (and its block index or blockchain) and would be particularly suitable for a coin like WAM with gazillions in coin volume and, hence, sufficient liquidity. Also, it would provide the urgently needed coin velocity and (once again) that thing called "building an economy" for this coin here.

Historically, Wampum happens to have been used for recording contracts and all kinds of (smaller) agreements. To make Wampumcoin useful in a similar way might provide some real purpose and a way forward.


many good points in your post(s)....

It has been suggested by the new wampumcoin.com that they will be setting up a system of communication for those of us that want to help. Once this is in place and we know what the project direction is then maybe we can collaborate on a community/wampumcoin.com effort ... until then if someone has a solid plan to utilize wampum other then gambling/game sites, please post.
member
Activity: 128
Merit: 10
What would the logistics be like to do an airdrop, or something like that on Indian ran casinos and stores to get interest going in that arena. I do not know if that is feasible or even a good idea.

I personally have a hard time getting my head around how they could use them since they could just make their own crypto to use inside casinos (seems like a good idea that could eliminate coins in machines), but maybe if there was a unified crypto that could be carried from casino to casino, then spent at reservation stores as well it may be a winning proposition for everyone.

Just a thought.

That's exactly what the "old dev" kept telling his purported plans had been. As he also claimed at the time to be (conveniently) half-Indian and, thus, know his way around and planning to spend that notorious pre-mine on "paying reps" for making it happen, this provided some kind of credibility at the time. As that turned out to be outright fraud, we're left with a coin name that might be somewhat awkward for many other uses.

The thing going nicely with what "Wampum" is (and also solving any name problem) would be coloured coins (smart contracts) and all kinds of certifications, registrations and smart property transactions built on top of the Wampumcoin block index. This can be done with ANY coin (and its block index or blockchain) and would be particularly suitable for a coin like WAM with gazillions in coin volume and, hence, sufficient liquidity. Also, it would provide the urgently needed coin velocity and (once again) that thing called "building an economy" for this coin here.

Historically, Wampum happens to have been used for recording contracts and all kinds of (smaller) agreements. To make Wampumcoin useful in a similar way might provide some real purpose and a way forward.
member
Activity: 128
Merit: 10
What would the logistics be like to do an airdrop, or something like that on Indian ran casinos and stores to get interest going in that arena. I do not know if that is feasible or even a good idea.

I personally have a hard time getting my head around how they could use them since they could just make their own crypto to use inside casinos (seems like a good idea that could eliminate coins in machines), but maybe if there was a unified crypto that could be carried from casino to casino, then spent at reservation stores as well it may be a winning proposition for everyone.

Just a thought.

I partially agree.

Now there is a huge number of altercoin...hundreds...thousands
They can exist some days or weeks...and then die.
(I not about such as BTC, LTC)
If there are services that will be both development and cost growth...

At Wampumcoin, development growth is **definitely** needed -- coins normally alleviate the cost factor by just paying bounties (in their own coins). With billions of currently rather worthless coins, (and some "billionaire" holders here willing to invest some of that toward future potential) that shouldn't be a problem -- when we have WAM users able to develop and willing to work for WAM: that's where the "community" aspect comes in...

I don't know why on earth the new owners have **bought in** to Wampumcoin in the first place, but they have. Apparently for dollars, not just wampumcoins, so they are faced with the reality of either risking their dollar investment plus tons of hours of work (and losing it entirely) or select the best suggestions here and find some financing for them, if not "payable in WAM".

The new owners frequently tell of "investors lined up" to invest in something -- this must be a very long line (probably of penniless investors) there, I imagine :) -- but, as long as they are not willing to see that the software development (cost) would be part of an exchange and that an **infrastructure** needs to be built **systematically**, this is unlikely to succeed. So they either face it and "line up" :) their investors behind something wholly functional and organize the financing for that or their nice little gamble of taking over a coin on the cheap will prove very expensive to them, after all...
full member
Activity: 231
Merit: 101
xmining.org
Hey worth.....I sent you a PM when you get a minute bud!

You about what?
legendary
Activity: 1260
Merit: 1000
Hey worth.....I sent you a PM when you get a minute bud!
full member
Activity: 231
Merit: 101
xmining.org
What would the logistics be like to do an airdrop, or something like that on Indian ran casinos and stores to get interest going in that arena. I do not know if that is feasible or even a good idea.

I personally have a hard time getting my head around how they could use them since they could just make their own crypto to use inside casinos (seems like a good idea that could eliminate coins in machines), but maybe if there was a unified crypto that could be carried from casino to casino, then spent at reservation stores as well it may be a winning proposition for everyone.

Just a thought.

I partially agree.

Now there is a huge number of altercoin...hundreds...thousands
They can exist some days or weeks...and then die.
(I not about such as BTC, LTC)
If there are services that will be both development and cost growth...
newbie
Activity: 9
Merit: 0
What would the logistics be like to do an airdrop, or something like that on Indian ran casinos and stores to get interest going in that arena. I do not know if that is feasible or even a good idea.

I personally have a hard time getting my head around how they could use them since they could just make their own crypto to use inside casinos (seems like a good idea that could eliminate coins in machines), but maybe if there was a unified crypto that could be carried from casino to casino, then spent at reservation stores as well it may be a winning proposition for everyone.

Just a thought.
member
Activity: 128
Merit: 10
25% fee on mining pool?  >:( You lost me as a supporter. Have you ever heard of the Laffer curve? Look it up.

it's back to the "normal" 2% level. But then again, even 2% doesn't really inspire any willingness to "donate" on top. I regularly did back in Mar-Apr when the "old pool" charged nothing -- this alone is proof for Laffer to have been correct!

Real-life lessons for all the Newbies to free-markets and Liberty there :))
member
Activity: 128
Merit: 10
scrypt??good luck!

What do you mean? -- and why...?
member
Activity: 128
Merit: 10
I think.
We need WAM merchant system.

That's exactly what I told in -- like forever...

But I can repeat it again: we do NEED actual Wampumcoin usage out there in the real world in order to build a real economy around the coin, resulting in a "velocity of money" for WAM and, thus, real value.

Yes, a merchant system is what's needed, or merchants won't (ever) use or start accepting the coin. WAM is great when it comes to confirmation speed (very short block time, only 2 confs needed for transactions which makes WAM ideal for real-world -- as in point-of-sale -- payments both online and off-). I talked about a small, simple PoS terminal, a new pool to spread geographically and increase network stability, even offered developing one but no one seemed interested or take up these offers neither on Fb nor here (look it up in my previous posts).

Merchants, PoS usage of WAM, feeding these by promos and suitable measures is the way to go.

Only making WAM another coin for online gaming is not (at all), 'nuff of that junk out there already!

The old dev promised heaven and then some regarding useful WAM business application, the new devs seem to have plans to slowly follow through on some similar ideas (very good!!), and @worth sounds even more promising here. So far, nothing has happened though. I do know myself that this takes some time but as long as there is no agreement, plan, or other tangible action in place, it may still all come to nothing.

So it would be nice to see that the new devs really come up with some real direction and get their act together.


Yes!
We (WAM community) have to make efforts together with developers in order to popularize WAM.
I think, that addition PoS alg. to PoW alg. will be a great event for WAM!

sorry -- mis-understanding here:

I did not say PoS as in **Proof-of-Stake** as that would require some consensus on overall changes to the Wampumcoin algo -- again, I did **not** mean, nor say, that. (I do like proof-of-stake coins for their lower power consumption though, but I really don't think we could -- nor should -- singlehandedly change the entire WAM system in the near or medium term; there are enough other tasks to be taken on first!)

I talked about PoS terminals (MEANING **Point-of-Sale terminals**, i e **in-shop payment terminals**) making it EASIER FOR MERCHANTS TO ACCEPT AND USE WAMPUMCOIN.

Elsewhere -- I totally agree on what you said in your first line, and I share your enthusiasm for making an effort together with the new devs to make WAM popular and successful!
member
Activity: 77
Merit: 10
scrypt??good luck!
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