The Buy back is posted on our site now. http://firecoin.tk/services/buyback-program/
In reality I hope nobody ever has to use this because I want everyone to want Fire. If you feel the need to swap out you Fire for BTC and do not feel like going to an exchange just send them to the address with the required info and you will receive appropriate BTC back. It is a manual process right now so it may take a little time to complete transaction. For you traders out there I hope this will help instil confidence in that there is a bottom to the market now. This has lowered your downside risk.
Topic: [ANN][FIRE] FireCoin- 97K Fire - POS - Developer leaving - page 32. (Read 78322 times)
Announcement
Today we are creating the Fire Foundation. The foundation will focus on stability of Firecoin both technical wise and price wise. Our Goal is to keep 10-15% of the total coins off the market to help with blockchain stability. The foundation will reach this number via donations and profits from other ventures such as the weekly contest. We are also introducing our Firecoin Buy Back program. We are going to set a Price that we are willing to buy back you Firecoin’s. Our current rate will be 3k Satoshi per Firecoin.
Today we are creating the Fire Foundation. The foundation will focus on stability of Firecoin both technical wise and price wise. Our Goal is to keep 10-15% of the total coins off the market to help with blockchain stability. The foundation will reach this number via donations and profits from other ventures such as the weekly contest. We are also introducing our Firecoin Buy Back program. We are going to set a Price that we are willing to buy back you Firecoin’s. Our current rate will be 3k Satoshi per Firecoin.
I will be adding all this information to the Firecoin website tonight, as well as providing a form to fill out for those interested in the Firecoin Buy Back program.
Stay tuned
Announcement
Today we are creating the Fire Foundation. The foundation will focus on stability of Firecoin both technical wise and price wise. Our Goal is to keep 10-15% of the total coins off the market to help with blockchain stability. The foundation will reach this number via donations and profits from other ventures such as the weekly contest. We are also introducing our Firecoin Buy Back program. We are going to set a Price that we are willing to buy back you Firecoin’s. Our current rate will be 3k Satoshi per Firecoin.
Today we are creating the Fire Foundation. The foundation will focus on stability of Firecoin both technical wise and price wise. Our Goal is to keep 10-15% of the total coins off the market to help with blockchain stability. The foundation will reach this number via donations and profits from other ventures such as the weekly contest. We are also introducing our Firecoin Buy Back program. We are going to set a Price that we are willing to buy back you Firecoin’s. Our current rate will be 3k Satoshi per Firecoin.
I love the idea of the prize draw.
Just imagine if you can make enough profit from doing it, that in a few months the prize could be 5btc......thats when we will start to get noticed again.
Keep up the good work
Just imagine if you can make enough profit from doing it, that in a few months the prize could be 5btc......thats when we will start to get noticed again.
Keep up the good work
I really hope to get it up that high. I also would like to be able to say here is a BTC prize and .001 BTC per FIRE in your wallet for profit share.
I love the idea of the prize draw.
Just imagine if you can make enough profit from doing it, that in a few months the prize could be 5btc......thats when we will start to get noticed again.
Keep up the good work
Just imagine if you can make enough profit from doing it, that in a few months the prize could be 5btc......thats when we will start to get noticed again.
Keep up the good work
Just to be a little clearer I hope I am not saying I want everything about this coin to revolve around me.
I wanted to share some of the things that we are working on.
Advanced Wallet:
Planned improvements to wallet are in wallet trading, IRC Chat (some do not like so we might skip), Windows installer, block explorer in wallet, Overall look or design of the wallet
Other Improvements/advancements:
Block explorer with rich list
Increase interest to benefit early adopters: We are looking at increasing it to 10% interest and reducing it monthly by 1% until we are back to our 1% interest. This is to give incentive adopting the coin sooner rather then later.
I would also Like to open this up to discussion on what you guys would like to see. If I hear nothing back then I will assume there are not objections from people and they agree with my Ideas.
One of the biggest catch phrases I see people talk about with crypto-currencies is the want them to be Decentralized. However the vast majority of people want a lot of things that are benefits of being centralized. One of the biggest in my opinion is coin development. Most people seam to want/expect a coin to revolve around the coin developer. This is the ultimate centralization of a currency, 1 person driving it all. People actions have spoken louder then anyone's words about wanting it decentralized. So I want to bring a bit of my view of Crypto's to everyone. I view each Crypto as it's own company. There are a lot of similarities between a crypto eco system/economy and companies. I would like to run firecoin a bit more like a company. Now what I mean by this is basically what most successful coins have done. For a great company to succeed they need to keep figuring out what the customers want. So you need innovation, even if it is reinventing something out there and just making it better. You also need a way to pay for the great minds that come up with these new ideas therefore you have to be profitable. If you have investors such as stock holders you have to reward them in order to keep them.(price increase, profit share...)
You can already see this plan starting to be put in motion even though we are still very early in running this coin. We have the weekly contests going and I am increasing them with the goal that they will actually be profitable to the donation address. I want to be able to use this money to fund better prizes to keep growing the community and also have it be profitable enough to use in to develop new features. I also want to add other things to make this coin be more profitable and if this goal is reached I want to have a profit share program where if you have X amount of FIRE in your wallet you will get a portion of the profit sent to you.
At this point I do not know if we will be able to come up with some mind blowing new feature never seen before. But I do plan on taking many features from many different coins and applying them to our coin and making them work for us the best they can.
Advanced Wallet:
Planned improvements to wallet are in wallet trading, IRC Chat (some do not like so we might skip), Windows installer, block explorer in wallet, Overall look or design of the wallet
Other Improvements/advancements:
Block explorer with rich list
Increase interest to benefit early adopters: We are looking at increasing it to 10% interest and reducing it monthly by 1% until we are back to our 1% interest. This is to give incentive adopting the coin sooner rather then later.
I would also Like to open this up to discussion on what you guys would like to see. If I hear nothing back then I will assume there are not objections from people and they agree with my Ideas.
One of the biggest catch phrases I see people talk about with crypto-currencies is the want them to be Decentralized. However the vast majority of people want a lot of things that are benefits of being centralized. One of the biggest in my opinion is coin development. Most people seam to want/expect a coin to revolve around the coin developer. This is the ultimate centralization of a currency, 1 person driving it all. People actions have spoken louder then anyone's words about wanting it decentralized. So I want to bring a bit of my view of Crypto's to everyone. I view each Crypto as it's own company. There are a lot of similarities between a crypto eco system/economy and companies. I would like to run firecoin a bit more like a company. Now what I mean by this is basically what most successful coins have done. For a great company to succeed they need to keep figuring out what the customers want. So you need innovation, even if it is reinventing something out there and just making it better. You also need a way to pay for the great minds that come up with these new ideas therefore you have to be profitable. If you have investors such as stock holders you have to reward them in order to keep them.(price increase, profit share...)
You can already see this plan starting to be put in motion even though we are still very early in running this coin. We have the weekly contests going and I am increasing them with the goal that they will actually be profitable to the donation address. I want to be able to use this money to fund better prizes to keep growing the community and also have it be profitable enough to use in to develop new features. I also want to add other things to make this coin be more profitable and if this goal is reached I want to have a profit share program where if you have X amount of FIRE in your wallet you will get a portion of the profit sent to you.
At this point I do not know if we will be able to come up with some mind blowing new feature never seen before. But I do plan on taking many features from many different coins and applying them to our coin and making them work for us the best they can.
Weekly Contest
This Weeks Contest will be for .25 BTC.
Drawing will be 8/10 2pm central USA (7pm GMT)
How to enter. Go to our website http://firecoin.tk/community/weekly-drawing/ or Send FireCoin to pay for entry to the donations address listed in OP. I will use you tx ID as your entry ticket and if you buy multiple entries I will add appropriate number of entries. PM me your tx ID and I will draw from all tx ID's the winner AUG 1st GMT.
Cost of entries
1 entry equals 20 Fire
12 entries equal 200 Fire
Please only send in increments of 20 or 100. ie: 20 40 400 not 25.
We will be updating the Website ASAP to the new contest prize. You can still enter there and it will go to this weeks prize of .25 BTC and not last weeks .1 BTC.
I have also had to raise the price for entry due to the cost per FIRE has dropped since last week and I am offer a larger prize this week. At Current price it is roughly $1.20 per entry for a chance to win $150. Please spread the word. The more entries we get the more I will raise next weeks prize and the lower I can keep entry costs.
This Weeks Contest will be for .25 BTC.
Drawing will be 8/10 2pm central USA (7pm GMT)
How to enter. Go to our website http://firecoin.tk/community/weekly-drawing/ or Send FireCoin to pay for entry to the donations address listed in OP. I will use you tx ID as your entry ticket and if you buy multiple entries I will add appropriate number of entries. PM me your tx ID and I will draw from all tx ID's the winner AUG 1st GMT.
Cost of entries
1 entry equals 20 Fire
12 entries equal 200 Fire
Please only send in increments of 20 or 100. ie: 20 40 400 not 25.
We will be updating the Website ASAP to the new contest prize. You can still enter there and it will go to this weeks prize of .25 BTC and not last weeks .1 BTC.
I have also had to raise the price for entry due to the cost per FIRE has dropped since last week and I am offer a larger prize this week. At Current price it is roughly $1.20 per entry for a chance to win $150. Please spread the word. The more entries we get the more I will raise next weeks prize and the lower I can keep entry costs.
Tom,
I think you want to update the date the winner will be announced. You said August 1st, but I'm sure that was just a cut and paste from the last drawing.
Keep up the great work!
Thanks for pointing that out.
Just wanted to let everyone know the winner chose the .1BTC. Here is the TX ID hopefully he will come here and verify this was sent to him. 5eb422d2f657515ba265a97fa8e3a52a0ccf53d2e52af5c9726a7aae0e5b1c9a
Yes, I chose 0.10 and I received it. Thank you all for the congratulations, I've been lucky.
Do not lose sight of this coin, will be a big one. Very small issue. Perhaps this currency above 0.01 it may not have enough sales positions and can be a great rush. I say the same as Tom, the value is above 0.01-0.10, perhaps more than 0.10 btc. The market will tell.
Maybe there are not enough fire extinguishers that can extinguish this fire. An idea is to find if some big company that sells fire extinguishers and fire products, accepts BTC; perhaps want to adopt this coin .....
Thank youuuuuuuu
Also in heaven there is place for fire
I wanted this to be close to the announcement of the contest for the doubters. I paid him
Income in my bittrex account, NO DOUBT THAT THE TRUTH CONTEST
Javierbaco,
Glad to hear you got your BTC from the contest. Thanks for posting, it helps reassuring others.
Cheers,
- VR
Weekly Contest
This Weeks Contest will be for .25 BTC.
Drawing will be 8/10 2pm central USA (7pm GMT)
How to enter. Go to our website http://firecoin.tk/community/weekly-drawing/ or Send FireCoin to pay for entry to the donations address listed in OP. I will use you tx ID as your entry ticket and if you buy multiple entries I will add appropriate number of entries. PM me your tx ID and I will draw from all tx ID's the winner AUG 1st GMT.
Cost of entries
1 entry equals 20 Fire
12 entries equal 200 Fire
Please only send in increments of 20 or 100. ie: 20 40 400 not 25.
We will be updating the Website ASAP to the new contest prize. You can still enter there and it will go to this weeks prize of .25 BTC and not last weeks .1 BTC.
I have also had to raise the price for entry due to the cost per FIRE has dropped since last week and I am offer a larger prize this week. At Current price it is roughly $1.20 per entry for a chance to win $150. Please spread the word. The more entries we get the more I will raise next weeks prize and the lower I can keep entry costs.
This Weeks Contest will be for .25 BTC.
Drawing will be 8/10 2pm central USA (7pm GMT)
How to enter. Go to our website http://firecoin.tk/community/weekly-drawing/ or Send FireCoin to pay for entry to the donations address listed in OP. I will use you tx ID as your entry ticket and if you buy multiple entries I will add appropriate number of entries. PM me your tx ID and I will draw from all tx ID's the winner AUG 1st GMT.
Cost of entries
1 entry equals 20 Fire
12 entries equal 200 Fire
Please only send in increments of 20 or 100. ie: 20 40 400 not 25.
We will be updating the Website ASAP to the new contest prize. You can still enter there and it will go to this weeks prize of .25 BTC and not last weeks .1 BTC.
I have also had to raise the price for entry due to the cost per FIRE has dropped since last week and I am offer a larger prize this week. At Current price it is roughly $1.20 per entry for a chance to win $150. Please spread the word. The more entries we get the more I will raise next weeks prize and the lower I can keep entry costs.
Tom,
I think you want to update the date the winner will be announced. You said August 1st, but I'm sure that was just a cut and paste from the last drawing.
Keep up the great work!
I'll be in on this one too 
Waiting for coins to hit my wallet.
Do any of you know of any open source casino packages? Gambling is always a good way to promote a coin. I might set up a simple lottery as well, but I'm not sure I'll have the time very soon. In the meantime, Y'all are bringing the fire back
Waiting for coins to hit my wallet. Do any of you know of any open source casino packages? Gambling is always a good way to promote a coin. I might set up a simple lottery as well, but I'm not sure I'll have the time very soon. In the meantime, Y'all are bringing the fire back
I do already have http://clouddice.net/firecoin up and running. Alas it is not very popular, more than likely because its such a rare coin!
It is also because we are still building our popularity.
I'll be in on this one too Waiting for coins to hit my wallet.
Do any of you know of any open source casino packages? Gambling is always a good way to promote a coin. I might set up a simple lottery as well, but I'm not sure I'll have the time very soon. In the meantime, Y'all are bringing the fire back
Waiting for coins to hit my wallet. Do any of you know of any open source casino packages? Gambling is always a good way to promote a coin. I might set up a simple lottery as well, but I'm not sure I'll have the time very soon. In the meantime, Y'all are bringing the fire back
I do already have http://clouddice.net/firecoin up and running. Alas it is not very popular, more than likely because its such a rare coin!
Weekly Contest
This Weeks Contest will be for .25 BTC.
Drawing will be 8/10 2pm central USA (7pm GMT)
How to enter. Go to our website http://firecoin.tk/community/weekly-drawing/ or Send FireCoin to pay for entry to the donations address listed in OP. I will use you tx ID as your entry ticket and if you buy multiple entries I will add appropriate number of entries. PM me your tx ID and I will draw from all tx ID's the winner AUG 10th 7pm GMT.
Cost of entries
1 entry equals 20 Fire
12 entries equal 200 Fire
Please only send in increments of 20 or 100. ie: 20 40 400 not 25.
We will be updating the Website ASAP to the new contest prize. You can still enter there and it will go to this weeks prize of .25 BTC and not last weeks .1 BTC.
I have also had to raise the price for entry due to the cost per FIRE has dropped since last week and I am offer a larger prize this week. At Current price it is roughly $1.20 per entry for a chance to win $150. Please spread the word. The more entries we get the more I will raise next weeks prize and the lower I can keep entry costs.
This Weeks Contest will be for .25 BTC.
Drawing will be 8/10 2pm central USA (7pm GMT)
How to enter. Go to our website http://firecoin.tk/community/weekly-drawing/ or Send FireCoin to pay for entry to the donations address listed in OP. I will use you tx ID as your entry ticket and if you buy multiple entries I will add appropriate number of entries. PM me your tx ID and I will draw from all tx ID's the winner AUG 10th 7pm GMT.
Cost of entries
1 entry equals 20 Fire
12 entries equal 200 Fire
Please only send in increments of 20 or 100. ie: 20 40 400 not 25.
We will be updating the Website ASAP to the new contest prize. You can still enter there and it will go to this weeks prize of .25 BTC and not last weeks .1 BTC.
I have also had to raise the price for entry due to the cost per FIRE has dropped since last week and I am offer a larger prize this week. At Current price it is roughly $1.20 per entry for a chance to win $150. Please spread the word. The more entries we get the more I will raise next weeks prize and the lower I can keep entry costs.
Just wanted to let everyone know the winner chose the .1BTC. Here is the TX ID hopefully he will come here and verify this was sent to him. 5eb422d2f657515ba265a97fa8e3a52a0ccf53d2e52af5c9726a7aae0e5b1c9a
Yes, I chose 0.10 and I received it.
Thank you all for the congratulations, I've been lucky.
Do not lose sight of this coin, will be a big one. Very small issue. Perhaps this currency above 0.01 it may not have enough sales positions and can be a great rush. I say the same as Tom, the value is above 0.01-0.10, perhaps more than 0.10 btc. The market will tell.
Maybe there are not enough fire extinguishers that can extinguish this fire. An idea is to find if some big company that sells fire extinguishers and fire products, accepts BTC; perhaps want to adopt this coin .....
Thank youuuuuuuu
Also in heaven there is place for fire
I wanted this to be close to the announcement of the contest for the doubters. I paid him
Income in my bittrex account, NO DOUBT THAT THE TRUTH CONTEST
Thanks for posting.
Just wanted to let everyone know the winner chose the .1BTC. Here is the TX ID hopefully he will come here and verify this was sent to him. 5eb422d2f657515ba265a97fa8e3a52a0ccf53d2e52af5c9726a7aae0e5b1c9a
Yes, I chose 0.10 and I received it.
Thank you all for the congratulations, I've been lucky.
Do not lose sight of this coin, will be a big one. Very small issue. Perhaps this currency above 0.01 it may not have enough sales positions and can be a great rush. I say the same as Tom, the value is above 0.01-0.10, perhaps more than 0.10 btc. The market will tell.
Maybe there are not enough fire extinguishers that can extinguish this fire. An idea is to find if some big company that sells fire extinguishers and fire products, accepts BTC; perhaps want to adopt this coin .....
Thank youuuuuuuu
Also in heaven there is place for fire
I wanted this to be close to the announcement of the contest for the doubters. I paid him
Income in my bittrex account, NO DOUBT THAT THE TRUTH CONTEST
I'll be in on this one too Waiting for coins to hit my wallet.
Do any of you know of any open source casino packages? Gambling is always a good way to promote a coin. I might set up a simple lottery as well, but I'm not sure I'll have the time very soon. In the meantime, Y'all are bringing the fire back
Waiting for coins to hit my wallet. Do any of you know of any open source casino packages? Gambling is always a good way to promote a coin. I might set up a simple lottery as well, but I'm not sure I'll have the time very soon. In the meantime, Y'all are bringing the fire back
Just wanted to let everyone know the winner chose the .1BTC. Here is the TX ID hopefully he will come here and verify this was sent to him. 5eb422d2f657515ba265a97fa8e3a52a0ccf53d2e52af5c9726a7aae0e5b1c9a
Yes, I chose 0.10 and I received it.
Thank you all for the congratulations, I've been lucky.
Do not lose sight of this coin, will be a big one. Very small issue. Perhaps this currency above 0.01 it may not have enough sales positions and can be a great rush. I say the same as Tom, the value is above 0.01-0.10, perhaps more than 0.10 btc. The market will tell.
Maybe there are not enough fire extinguishers that can extinguish this fire. An idea is to find if some big company that sells fire extinguishers and fire products, accepts BTC; perhaps want to adopt this coin .....
Thank youuuuuuuu
Also in heaven there is place for fire
I wanted this to be close to the announcement of the contest for the doubters. I paid him
Weekly Contest
This Weeks Contest will be for .25 BTC.
Drawing will be 8/10 2pm central USA (7pm GMT)
How to enter. Go to our website http://firecoin.tk/community/weekly-drawing/ or Send FireCoin to pay for entry to the donations address listed in OP. I will use you tx ID as your entry ticket and if you buy multiple entries I will add appropriate number of entries. PM me your tx ID and I will draw from all tx ID's the winner AUG 10th 7pm GMT.
Cost of entries
1 entry equals 20 Fire
12 entries equal 200 Fire
Please only send in increments of 20 or 100. ie: 20 40 400 not 25.
We will be updating the Website ASAP to the new contest prize. You can still enter there and it will go to this weeks prize of .25 BTC and not last weeks .1 BTC.
I have also had to raise the price for entry due to the cost per FIRE has dropped since last week and I am offer a larger prize this week. At Current price it is roughly $1.20 per entry for a chance to win $150. Please spread the word. The more entries we get the more I will raise next weeks prize and the lower I can keep entry costs.
This Weeks Contest will be for .25 BTC.
Drawing will be 8/10 2pm central USA (7pm GMT)
How to enter. Go to our website http://firecoin.tk/community/weekly-drawing/ or Send FireCoin to pay for entry to the donations address listed in OP. I will use you tx ID as your entry ticket and if you buy multiple entries I will add appropriate number of entries. PM me your tx ID and I will draw from all tx ID's the winner AUG 10th 7pm GMT.
Cost of entries
1 entry equals 20 Fire
12 entries equal 200 Fire
Please only send in increments of 20 or 100. ie: 20 40 400 not 25.
We will be updating the Website ASAP to the new contest prize. You can still enter there and it will go to this weeks prize of .25 BTC and not last weeks .1 BTC.
I have also had to raise the price for entry due to the cost per FIRE has dropped since last week and I am offer a larger prize this week. At Current price it is roughly $1.20 per entry for a chance to win $150. Please spread the word. The more entries we get the more I will raise next weeks prize and the lower I can keep entry costs.
Well flights are delayed so it will still be a few hours before I get home. So in a few hours I will announce what the next contest will be for. At latest it will be tomorrow depending on when I get home.
good element coin 
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