Topic: [ANN]DeleteCoin ***GET IN WHILE YOU STILL CAN **** - page 19. (Read 36281 times)

post the wallets in password protected zips before launch like other devs do.

+1

In reality , this will never work.

So this is a coin that deletes itself from the wallet? =)))

Ill mine this.

Reward System: Full Stratum/Vardiff system with PROP
Server Location: Europe / America
Pro Hardware: Connections: 10 gigabit network hypervisor/storage. Direct connection to AIMX, MSX
Storage: Fast ZFS based environment with SSD cache and 32 disks.
CPU: Xeon 64bit / 16 powerful CPU cores
Ram: 128 GB RAM.

Security:
Two different geo-locations Hot wallets (primary and instant back-up).
Offline secured cold Wallet.
Automated back-ups and warning system for operators.
Ddos protecion.

Still looking for at least 2 pools for launch tomorrow.

interesting concept

i delete it

I have a lot shitcoin!

good

HOORAY !!!

LET THE CULLING BEGIN !!!


-see also ALIVE COIN ..

https://bitcointalksearch.org/topic/m.5704822

To be honest we considered this idea but were concerned about the number of actual connections for older coins and being able to get transactions across and verified, which is why we decided to try the process of actually compiling wallets for each coin that is needed and removing the dat file after the fact. However, this is a progressive concept and we are 100% open to community input. If it is a consensus to try to just use that generic address and verify it in the chain, we support it entirely. Trust me, I don't want to keep any of these coins.

In regards to the pump, we don't feel that will be the case in any way shape or form. Considering how long alts have been around and how many coins have typically been mined per each, we don't feel it will revive any coins. It simply would not be worth it. If value increased, hash would return, value would disappear, and they would be back exchanging their hours of mining for 1 DeleteCoin which wouldn't make sense in the long run.

However I want to reiterate that we want to form a community with this coin. We will rely heavily on what coins are exchanged and in the end, if there is any type of question at all, it will be posed to the community to make the final decision. There are several coins that could easily try to exploit Delete, especially devs that are sitting on huge premines that could easily try to dump them over. In the end, the community will be deciding their fate, so input from you guys is crucial.

I can live stream me deleting my LTC-qt.dat........... and then not live stream me retreiving it from the recycle bin, re-syncing it, transfering the balance to Cyptsy and exchanging it for 5 BTC.

This just sounds like a way to try to get people to send you Alts for you to cash out at a higher price because you have effecivly Pumped them.

+1 the idea of sending them to 111111111111111111111111 so we can all confirm on the blockchain that they have gone.

Err.. Soooo let me get this straight... you are going to use the massive 50% pre-mine to 'buy up' all of the worthless alt coins? Which will drive up their price (along with other day trader investment) of the coins you are trying to "delete", making them not worthless - as a happy result you end up with a massive pile of the now 'not worthless' coins that you can dump back into the market to make a quick killing? 

I call it “black hole coin” 、
interesting！

I like the concept, but execution... To start with who would believe you deleted the coins? (even if you livestream it, or what?). We all know how it works. Just send all alts to 11111111111111111111111111 and show us transactions, we will all be happy as clams.

P.S. I doubt anyone has this address on any altcoin, but if some one does, he sure will be even happier...

the pool

sounds interesting.

Regardless of the purity of the intent behind this coin, its approach to the problem of the increasingly growing number of crapcoins is decidedly wrong. In fact, it is very counterproductive to its own stated purpose. Let us assume that a conversion rate was already decided between this and a chosen crapcoin. If this coin is valued at a lower BTC conversion rate than that crapcoin, then not even the bagholders would agree to the trade. If this coin is valued at the same BTC conversion rate or at a rate which would not offset any losses incurred from transaction fees, then the same scenario would occur. If, however, this coin is valued at a BTC conversion rate higher than that of the crapcoin, then this coin would essentially be incentivizing people to start mining those coins again. Rather than finally killing off a crapcoin, this coin would only revive it for the purposes of being traded for this coin, i.e. dumped, which was what made them crapcoins in the first place. Since the difficulty of crapcoins decrease to CPU-mineable levels as a matter of natural progression, mining them to then dump them for this coin becomes more profitable than mining this coin directly. The cycle would just continue. As far as I see, the best way to kill off crapcoins is to ignore them and let them die on their own.

Besides, you're not really helping bagholders by bailing them out; you're just giving them a new reason to hoard future crapcoins. If you want to help bagholders, then educate them. Let them know that crypto-mining is not a way to make money out of nothing but a method of converting existing wealth into a digital (and yes, highly volatile) form. Teach people how to fish instead of giving them fish whenever they screw up.