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Topic: [ANN][BBTC] 100% POS, No Scam, No BS - page 3. (Read 10194 times)

newbie
Activity: 22
Merit: 0
May 06, 2014, 12:52:48 PM
#23
Very interesting. Hope to see this one show up on bittrex or mintpal soon!
newbie
Activity: 56
Merit: 0
May 06, 2014, 11:55:27 AM
#22
How about the IPO

The open initial public offering is carried out via exchanges, it is phase one of the plan. As soon as an exchange agrees to the open letter, we can get going!
You will be able to buy any amount, and can trade them back at any time, and move them anywhere at any time. We won't have any option to withdraw or take any of either currency, it's all automated by the exchange.

After a few weeks, the sell orders are removed so the price can rise, you can now trade your coin t the new course, which is at least the value it was in stage 1.



i am not against this coin but it look to me like dumping your premined coin on exchanges, so no miner involved, no community behind, just pure selling of your premined coins, then those who bought your coins will be the so called community,, this means this coin is 100% selling damn it, a brilliant idea premining and selling all the 100% premined on exchanges ^^,

Yup, it's an investment oportunity, that's it, but that's part of the beauty. You are now escaping the arbitrary values, lowering chances of pumps and dumps, and anyone can still access the coin and get it.
The exchange gets their volume, the community gets their profit and transparency after all these recent scams, and we get the end orders left over at the last stage, everyone wins as the extra money comes from new demand.

But let's think about the oportunities as well expansion wise, you could make a FIAT based coin that always trades on one coin, base a base on another base, squaring the profit, getting guaranteed leverage, it gets longetivity and hype!

sr. member
Activity: 422
Merit: 250
May 06, 2014, 11:42:45 AM
#21
https://bitcointalk.org/index.php?topic=573998.new#new

ANN][TAC] TalkCoin | First Chat Coin | Voting system | NIST | No Premine/IPO
people are all talking about this talkcoin ! it is a so great innovation .
for it's new algo, also have no pool yet.who can make a pool for this particular coin?4000 talkcoins bonties for you.
legendary
Activity: 2982
Merit: 1153
May 06, 2014, 11:41:31 AM
#20
How about the IPO

The open initial public offering is carried out via exchanges, it is phase one of the plan. As soon as an exchange agrees to the open letter, we can get going!
You will be able to buy any amount, and can trade them back at any time, and move them anywhere at any time. We won't have any option to withdraw or take any of either currency, it's all automated by the exchange.

After a few weeks, the sell orders are removed so the price can rise, you can now trade your coin t the new course, which is at least the value it was in stage 1.



i am not against this coin but it look to me like dumping your premined coin on exchanges, so no miner involved, no community behind, just pure selling of your premined coins, then those who bought your coins will be the so called community,, this means this coin is 100% selling damn it, a brilliant idea premining and selling all the 100% premined on exchanges ^^,
newbie
Activity: 56
Merit: 0
May 06, 2014, 11:24:54 AM
#19
How about the IPO

The open initial public offering is carried out via exchanges, it is phase one of the plan. As soon as an exchange agrees to the open letter, we can get going!
You will be able to buy any amount, and can trade them back at any time, and move them anywhere at any time. We won't have any option to withdraw or take any of either currency, it's all automated by the exchange.

After a few weeks, the sell orders are removed so the price can rise, you can now trade your coin t the new course, which is at least the value it was in stage 1.

full member
Activity: 252
Merit: 150
May 06, 2014, 11:13:31 AM
#18
How about the IPO
newbie
Activity: 56
Merit: 0
May 06, 2014, 10:45:40 AM
#17
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.

Hey guys, maybe we did not make this clear enough, please read our open letter to all exchanges at the top of the main thread, we want to give all control to exchanges for this, we have no part and no control of the coin!
Essentially we want an exchange to setup an account only they have access to, and we will send the coins there, this means that we can't run away with the coins.

Trusting random coin developers with your BTC is stupid, and you shouldn't do that, they could run away with them anytime. Any trusted exchange we can get on, we would like to implement this systemt-
newbie
Activity: 13
Merit: 0
May 06, 2014, 10:14:20 AM
#16
How about the IPO ,seems you didn't mention it.
sr. member
Activity: 262
Merit: 250
May 06, 2014, 10:10:21 AM
#15
if no escrow ,no one trust you .
full member
Activity: 238
Merit: 100
May 06, 2014, 10:07:18 AM
#14
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.

+1000

I love it Grin
full member
Activity: 238
Merit: 100
May 06, 2014, 09:47:40 AM
#13
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.
newbie
Activity: 56
Merit: 0
May 06, 2014, 09:26:50 AM
#12
Won't work, sorry. Bitcoin is a Bitcoin and you can do nothing to overcome it.

The point is not to beat Bitcoin, but it's to beat its profitability.
sr. member
Activity: 392
Merit: 250
May 06, 2014, 03:55:33 AM
#11
Won't work, sorry. Bitcoin is a Bitcoin and you can do nothing to overcome it.
newbie
Activity: 56
Merit: 0
May 06, 2014, 03:39:05 AM
#10
Looks like a nice concept, I hope exchanges get on board for this, it's really nice to see a coin giving control to a trusted party!


Appreciate it! If there is enough demand, Bittrex will hopefully support us, tweet them to add us!
newbie
Activity: 1
Merit: 0
May 05, 2014, 05:10:50 PM
#9
 Looks like a nice concept, I hope exchanges get on board for this, it's really nice to see a coin giving control to a trusted party!
hero member
Activity: 751
Merit: 500
May 05, 2014, 04:26:04 PM
#8
Smiley Interesting.
member
Activity: 114
Merit: 10
May 05, 2014, 04:20:34 PM
#7
Seems interesting.
newbie
Activity: 56
Merit: 0
May 05, 2014, 03:09:51 PM
#6
We're giving out free 5millibits to anyone who tweets @bittrexexchange to add us (just say "please add BaseBTC (BBTC)"), send us an email confirmation with a SS or link at [email protected], one person has redeemed theirs already! You will get you BTC within 12 hours! 19 more people can do this!

newbie
Activity: 56
Merit: 0
May 05, 2014, 01:12:39 PM
#5
Could you please define "soon" for the distribution phase?

As soon as we get an exchange to accept the conditions stated in the open letter, the coin will be distributed (including small giveaway!), this is why we need you support at the moment.

We could have just launched on an exchange, but it's not good to just trust a coinmaker, and we don't want to expect that of anyone, which is why we're making it exchange dependant with the conditions ated in our open letter, this means that there is no possibility of anyone disrupting the process (unless the exchange goxxes).

We are hoping for you guys to support this, because if this works, initial investors before sell orders are removed will get a guaranteed profit.
hero member
Activity: 756
Merit: 500
May 05, 2014, 12:54:19 PM
#4
So vigorously to the platform to promote! It would be a good POS coins, hope I can have it!
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