Topic: [ANN][LAT] LATIUM Token Sale is Open! - page 169. (Read 281476 times)

For everyone who didn't catch that:

Max Coins = 105,000,000,000
ONE HUNDRED AND FIVE BILLION

So even if every single person on the planet signed up (impossible) that would only account for 30 Billion.

What are the other 70 Billion for?

Regardless, not even half the people on the planet have computers or the internet.
So then you have a max of 3 Billion people. And lets say half those people are either very young, or very old.
So then you have a max of 1.5 Billion people that have access to the internet and can operate a mouse and keyboard.

This accounts for a maximum of 7.5 Billion Latium.

What is the other 97.5 Billion Latium for!?

Keep in mind the % of the population that knows or is interested in cryptocurrencies is much smaller. You will be lucky if you get 5000 people. Which means you should be giving out
20,000,000 per person.

You are a scammer and its quite obvious.


To everyone who doesn't see what is going on this is the same as the ripple scams that were going around recently:

Step 1. Create a fictitious currency out of thin air.
Step 2. Start giving it away to people for free.
Step 3. Wait for people to start trading it against bitcoin.
Step 4. Dump the massive amount of these worthless coins you hold and cash out.

Guys, if you need an exchange to trade your LATs, you can use distributed Asset Exchange.

Just create a LAT gateway, like bitcoin veteran Noitev made his BTC gateway.

All trades at Asset Exchange are automatic, and trustless.

Sounds great, my link . I give you 4.5 LAT if you use it -> http://latium.cc/?a_aid=537ba46db132b

if madoff made a coin

Goodcoin and Twipit implement similar distribution in addition to mining.

So, it's a snowball scheme coin?

With so many coins I lose interest in the coin. I think all the others too. We must believe the developer, which will be 99.9999% coins after the distribution? He thinks we've got idiots?
P.S. Why, after I began to write criticism, I was charged a very small coin?

USE MY LINK AND SIGN-UP   http://latium.cc/?a_aid=537a3af51cc25   

So total amount now = 105,000,000,000 coins ?!

Then if I sign up, I'll get 5 Latium coins 

I will be surprised if anyone will spend 5 satoshi to exchange for my 5 Latium coins

Seems intneresting, my link http://latium.cc/?a_aid=537a449ac0b56

Very impressive distribution model, and a perfect execution as well! I encourage everybody to give a try, this coin deserves your support

Good job and best luck!

My referal link: http://latium.cc/?a_aid=53775de9c43e0

Dear BitCoinTalk Community,

We apologize for our delayed response. The quick and overwhelming reception to Latium has kept us busy since our launch. We would like to take this time to address the concerns, issues and questions regarding Latium. We hope you'll respond with more questions and allow us the appropriate time to digest and answer them.

To fully understand Latium requires a paradigm shift in how people typically think about cryptocurrencies. Many coins are created without a long term plan for viability. Latium was designed with a primary focus on economics and not so much in conforming to the mold of existing coins' distribution channels. Latium utilizes a non-centralized transaction network that grows with every registration. The primary distribution channel is on the website www.latium.cc where every person who registers is distributed coins. There is also a referral system that allows users who are open to spreading the word to gain even more Latium. The secondary coin distribution channel is the interest being paid for users who hold Latium. Any user with Latium in a connected wallet can gain interest. Interest rates tier down over time and are 50% for the first 3 months, 20% for the remaining first year and 5% per year for every year thereafter. Since, the distribution network is totally independent from the transaction network, any disruption in the distribution network would have zero impact on network stability.

Latium uses networking to address mining-induced artificial scarcity with non-technical accessibility. Unlike BitCoin which uses mining to create coin scarcity, Latium's approach is to allow universal application and acceptance based on a simple networking platform. Latium was created with enough coin supply to allow every person on earth access and to credit subsequent referrals (105,000,000,000 coins). In order for the entire coin-supply to enter circulation, all 7 billion people on Earth would need to register. We acknowledge that not every person on Earth will receive their Latium, however, we chose this amount in order to create the fairest possible system that affords everyone at least the opportunity to claim their share of Latium.

Economically speaking, an asset's value is always more dependent on circulation rather than overall supply.  Because circulation is a byproduct of acceptance in the Latium model, the ultimate value of Latium is based on the effort and reach of the community. Over the coming weeks coin circulation numbers will be released on www.Latium.cc. We will also release a blockchain explorer for those interested in easily monitoring the blockchain.

So is it possible for the Developers to dump coins onto the Market? Sure, that possibility exists.  However, we assure you - a very knowledgeable and skeptical community- that our greatest interest is in the long term viability of Latium and the blockchain protocols. We did not invest the amount of time, effort and resources into this project for a quick pump-and-dump and a lousy 50 grand. Our work is to bring cryptocurrency to the general public. Currently, the cryptocurrency environment is a intimidating and exclusive domain, unapproachable to most. And while many coins thrive on this exclusivity, our mission is universal acceptance.

WHY?

First see that the author himself killed his coin. Great innovative coin, but the developer irresponsible relates to the community.

How can we send these coins 

watching

Subscibed, this is my referral if someone wants to help:

http://latium.cc/?a_aid=5377550759816

Very interesting and promising coin. Only upset that the developer is silent and does not answer questions.

How many coins, what algo?

Interesting Ponzi scheme on internet browsing level - interesting idea.. might actually work tbh