the funny thing is he not even dare to sat that 'it is an IPO' lol
Because an IPO is an initial public offering which is preset, this is consistent initial distribution...
Topic: [ANN][BBTC] 100% POS, No Scam, No BS (Read 10194 times)
Because an IPO is an initial public offering which is preset, this is consistent initial distribution...
new thing always catch people's eyes, looks great, good luck!
interdasting approach to circumvent the escrow issue.
Stage 1
A near infinite (or the size of the base's supply) sell order is created on an exchange, any currency we get as a trade, we will put into sell orders within 24h (usually faster, once the sytem is tested the optimum time will be found), this sell order will always remain, meaning that all trading is completely transparent. The amounts present in each public account are publicly visible at any time, everything is done without any kind opaque trading, the market will be demand based and free from external manipulation. People can now buy the coin without any possible losses (except for trading fees) possible, but with potential gains, the user can trade between the two freely in this period and after.
Stage 2
The sell order is removed. People are wetting their pants in expectation of getting rich very soon. After some hours, the first "where is the dev?" posts start to appear while some not so bright posters answer back "give him time, he is probably just sleeping. stop spreading fud! we are strong community and need a logo contest!"
Finally, the dev appears again and makes a final statement, thanking you all for the 10-20 btc he just withdrew from the exchange.
Stage 3
Some of the most retarded investors declare that the "community behind this coin is still strong" and that they will just launch another coin with the same name.
stop copying sharecoins Stage 1
A near infinite (or the size of the base's supply) sell order is created on an exchange, any currency we get as a trade, we will put into sell orders within 24h (usually faster, once the sytem is tested the optimum time will be found), this sell order will always remain, meaning that all trading is completely transparent. The amounts present in each public account are publicly visible at any time, everything is done without any kind opaque trading, the market will be demand based and free from external manipulation. People can now buy the coin without any possible losses (except for trading fees) possible, but with potential gains, the user can trade between the two freely in this period and after.
Stage 2
The sell order is removed. People are wetting their pants in expectation of getting rich very soon. After some hours, the first "where is the dev?" posts start to appear while some not so bright posters answer back "give him time, he is probably just sleeping. stop spreading fud! we are strong community and need a logo contest!"
Finally, the dev appears again and makes a final statement, thanking you all for the 10-20 btc he just withdrew from the exchange.
Stage 3
Some of the most retarded investors declare that the "community behind this coin is still strong" and that they will just launch another coin with the same name.
the funny thing is he not even dare to sat that 'it is an IPO' lol
Extending our scope to certified exchanges!
We're also looking at potential escrow options and the like, we're also down for community ideas on how to make the distribution trustworthy!
Extending our scope to certified exchanges!
A preview of our mining concept.
People give their specs on BaseCrypt.org (OS, GPU, CPU), and we generate a btch file for CGminer and generate a direct download link. The user also signs up for an exchange first, this exchange giv es the user a unique code wqhich includes their addresses for all their exchange wallets.
The person will mine a coin, like LTC via a pool that pays out via address every few hours, these LTC are converted to BBTC on the exchange automatically, after mining for some time, the user can be sure that their mining was atleast as efficient as LTC, and very likely even more.
This also generates a lot of volume for the coin, and lets users mine more easily.
People give their specs on BaseCrypt.org (OS, GPU, CPU), and we generate a btch file for CGminer and generate a direct download link. The user also signs up for an exchange first, this exchange giv es the user a unique code wqhich includes their addresses for all their exchange wallets.
The person will mine a coin, like LTC via a pool that pays out via address every few hours, these LTC are converted to BBTC on the exchange automatically, after mining for some time, the user can be sure that their mining was atleast as efficient as LTC, and very likely even more.
This also generates a lot of volume for the coin, and lets users mine more easily.
We're working on it, but are still trying to get on exchange.
A preview of our mining concept.
People give their specs on BaseCrypt.org (OS, GPU, CPU), and we generate a btch file for CGminer and generate a direct download link. The user also signs up for an exchange first, this exchange giv es the user a unique code wqhich includes their addresses for all their exchange wallets.
The person will mine a coin, like LTC via a pool that pays out via address every few hours, these LTC are converted to BBTC on the exchange automatically, after mining for some time, the user can be sure that their mining was atleast as efficient as LTC, and very likely even more.
This also generates a lot of volume for the coin, and lets users mine more easily.
People give their specs on BaseCrypt.org (OS, GPU, CPU), and we generate a btch file for CGminer and generate a direct download link. The user also signs up for an exchange first, this exchange giv es the user a unique code wqhich includes their addresses for all their exchange wallets.
The person will mine a coin, like LTC via a pool that pays out via address every few hours, these LTC are converted to BBTC on the exchange automatically, after mining for some time, the user can be sure that their mining was atleast as efficient as LTC, and very likely even more.
This also generates a lot of volume for the coin, and lets users mine more easily.
Great program, but unfortunately is an impossible task.
Thanks, and why?
Great program, but unfortunately is an impossible task.
well you can't guarantee the exchange will not get hacked/shutdown/steal for a start. You cannot guarantee rising demand. What are you going to do to make this coin so special that more and more people will want to buy it?
That's the same for every coin though, an this scenario is not at all scamming.
We will post our mining conversion system this afternoon, essentially we want to get instant automated trading going.
Demand being 0 is extremely unlikely, and even then, nobody makes a loss.
The 1% PoS creates incentive to buy and hold.
And I still don't get how we, the developers could scam anyone? We are not keeping any of the premine. Why not ask those questions befor calling it a scam?
well you can't guarantee the exchange will not get hacked/shutdown/steal for a start. You cannot guarantee rising demand. What are you going to do to make this coin so special that more and more people will want to buy it?
Anything that says guaranteed profit is a scam/lie
Would you mind explaining why?
Cryptocurrencies have a unique arbitrary value, the demand that is added can make prices rise.
Could you please also explain how we could scam anyone? Our concept of handing distribution to exchanges seems like good concept to us, what can we do to make it better?
Anything that says guaranteed profit is a scam/lie
The forum is that developers? There are some potential
Yes, we are the developers (along with a main coin creator) subreddit coming soon!
The forum is that developers? There are some potential
Bounty for new logo up!
Mining concept coming tonight, we can make mining any coin more profitable.
Seems interesting. in boat!
Great!
We~re working on getting our post design and social media running even better, we're making a subreddit and closing down our FB as it didn't gain attention, we now have 5K plus twitter followers!
Seems interesting. in boat!
Looks interesting, definitely something to look out for, I hope you guys get the attention you deserve.
Guys, read the post! They're scam-proofing the concept by giving all power to exchanges!
Guys, read the post! They're scam-proofing the concept by giving all power to exchanges!
Thanks a lot, we're in talks with exchanges!
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