[ANN][RDD] Reddcoin The Social Currency [PoSV] Electrum Wallet 1.0.2 - page 226.

LMFS

newbie

Activity: 54

Merit: 0

Quote from: MsCollec on January 31, 2014, 11:22:23 PM

Rejoice Wonk! Your total Reddcoin is reducing but the value is increasing rapidly too. Just sit back and watch your BTC put Reddcoin in the top 5 market value Grin

Don't put any liquid in your mouth next time you check IPCO live results because your coins might have dropped to 500k from 2,000,000 Cheesy

well if i make $10,000 with 10,000 coins and my coins cut in half but coin goes up and i still make 10,000 im not any happier.

I also notice that a person investing 2.5 btc gets 4x more coins than a person who invested 1 BTC. Sooo the guy at the top gets a bonus for risking the most? I'm sure you will have some "welcome to the world of investing" advice for this.

Whats stopping Dev from taking 3 or 4 BTC from IPCO and reinvesting it to be top investor and taken some for himself. So many things not proper for IPCO. It seems the people at the top are happy and telling the rest suck it up with no data to support their own logic.

wwonka36

newbie

Activity: 38

Merit: 0

I see the Satoshi value now.... don't know why I didn't notice that before. Thanks.

I do have one more question. At the completion of stage one tomorrow, will the stage one coin amount still decrease in the next 15 days or is that locked in?
I'm new so disregard my ignorance..lol Grin

Battleorigin

newbie

Activity: 13

Merit: 0

Quote from: wwonka36 on January 31, 2014, 11:01:43 PM

Ouch, now my coins after stage one and stage two have dropped from almost 2,000,000 to 1,375,000 in two days and still 16 days to go before lock-in. Guys at REDD I see your at 24 bitcoins!! That is great but the more you get, the less coins I get for 16 more days. At the rate of decreased coin allowance for us, by the closing date each investor will be out millions of RDDcoin. Right now its not a big deal because RDDcoin are worthless, but when it hits the exchanges that is a crazy real money loss.

Investors please correct me if I'm wrong.

Peace,
wonk

Quote from: ReddCoin on January 31, 2014, 12:35:37 PM

Hi everyone,

Please keep this in mind: The value of your investment doesn't change when more people join the IPCO. You will get less coin, but every time someone joins the IPCO, the coin value increases.

In the next weeks, the market will regulate the coin price in 2 different ways. First, how much everyone pays for it during the IPCO and second, how easy it is to mine.

If you receive less coins for the same investment during the IPCO, they will be worth more. You pay the same amount and you receive less so you obviously believe they are worth more. Everyone will have to pay more for their coins so they will be looking to sell them for more. This is simple economics, supply and demand.

It's the same for miners. The more miners who mining Reddcoin, the less reward they will receive when they find a block. Having a lot of miners will lower supply and increase coin value.

Our job in the next weeks will be to have more miners. This will be the only way to increase coin value in the short term. To make this happen, we have to work together so more miners get on board and mine Reddcoin.

Then, our next plan will kick in during the coming months and continue to grow the demand for RDD in the cryptocommunity and most importantly - social networks.

Reddcoin

It make sense.

tk808

legendary

Activity: 1512

Merit: 1124

Invest in your knowledge

I posted in a giveaway thread "name your favorite social media network" for .01btc in the IPO

I never got an email confirmation after i sent you a pm, did i just get blown off?

Would love to hear a response OP

MsCollec

legendary

Activity: 1400

Merit: 1000

Rejoice Wonk! Your total Reddcoin is reducing but the value is increasing rapidly too. Just sit back and watch your BTC put Reddcoin in the top 5 market value Grin

Don't put any liquid in your mouth next time you check IPCO live results because your coins might have dropped to 500k from 2,000,000 Cheesy

wwonka36

newbie

Activity: 38

Merit: 0

Ouch, now my coins after stage one and stage two have dropped from almost 2,000,000 to 1,375,000 in two days and still 16 days to go before lock-in. Guys at REDD I see your at 24 bitcoins!! That is great but the more you get, the less coins I get for 16 more days. At the rate of decreased coin allowance for us, by the closing date each investor will be out millions of RDDcoin. Right now its not a big deal because RDDcoin are worthless, but when it hits the exchanges that is a crazy real money loss.

Investors please correct me if I'm wrong.

Peace,
wonk

MsCollec

legendary

Activity: 1400

Merit: 1000

Quote from: hero18688 on January 31, 2014, 08:29:22 PM

I am curious of the meaning of “Redd”.
Do you guy change the name because Redcoin is occupied?

There is a coin called Redcoin long before Reddcoin was born

wwtree

full member

Activity: 154

Merit: 100

when is the launch time of UTC

_s3v3n_

member

Activity: 108

Merit: 10

What time is the launch in EST?

LMFS

newbie

Activity: 54

Merit: 0

Quote from: MsCollec on January 31, 2014, 05:47:57 PM

I'm trying to calculate the total market value just for fun not real lol

Total Supply 109 Billion
Total BTC 278892.46847230026058509690196856

Total USD 232,100,000

IPCO

Total supply 5 Billion

Total BTC 12793.232498729369751609949631585

Total USD $10,640,000

that will only be possible in 2140 when all bitcoin are mined lol

https://en.bitcoin.it/wiki/FAQ#How_long_will_it_take_to_generate_all_the_coins.3F

wwtree

full member

Activity: 154

Merit: 100

pools pre-registered

InCoinsWeTrust

newbie

Activity: 14

Merit: 0

http://redd.incoinswetrust.com is taking pre-registrations.

Vardiff stratum
Proportionnal payout - 1% fees
Bonus for block finders : 1000 RDD / block, available for the first 1000 blocks mined by the pool

Register now and be ready to point your miners at stratum+tcp://redd.incoinswetrust.com:3335 on the launch day ! 50+ miners already registered Cool

HardFlaccid

member

Activity: 84

Merit: 10

Excited for this. Anyone willing to translate the release time into EST for me?

hero18688

sr. member

Activity: 392

Merit: 250

I am curious of the meaning of “Redd”.
Do you guy change the name because Redcoin is occupied?

shaun2007182

member

Activity: 112

Merit: 10

Quote from: setinstone on January 31, 2014, 06:33:49 PM

Quote from: MsCollec on January 31, 2014, 05:47:57 PM

I'm trying to calculate the total market value just for fun not real lol

Total Supply 109 Billion
Total BTC 278892.46847230026058509690196856

Total USD 232,100,000

IPCO

Total supply 5 Billion

Total BTC 12793.232498729369751609949631585

Total USD $10,640,000

I want all the coins haha

no i want all the coins dont be greedy craig

setinstone

member

Activity: 84

Merit: 10

Quote from: MsCollec on January 31, 2014, 05:47:57 PM

I'm trying to calculate the total market value just for fun not real lol

Total Supply 109 Billion
Total BTC 278892.46847230026058509690196856

Total USD 232,100,000

IPCO

Total supply 5 Billion

Total BTC 12793.232498729369751609949631585

Total USD $10,640,000

I want all the coins haha

MsCollec

legendary

Activity: 1400

Merit: 1000

I'm trying to calculate the total market value just for fun not real lol

Total Supply 109 Billion
Total BTC 278892.46847230026058509690196856

Total USD 232,100,000

IPCO

Total supply 5 Billion

Total BTC 12793.232498729369751609949631585

Total USD $10,640,000

wwonka36

newbie

Activity: 38

Merit: 0

I'm seeing this cut already happen on a lesser scale as people join the IPCO. I agree that the opportunity should close sooner if it hit exchanges. Anyone who updates the IPCO can see the coins diminish as the REDD Bitcoin investment amount increases. It sucks that this will continue to diminish until Feb 15th. I'm sticking to it because its not much and a potential huge return in time.

Peace,
wonk

LMFS

newbie

Activity: 54

Merit: 0

Quote from: MsCollec on January 31, 2014, 04:21:18 PM

4. Smiles all the way to your bitcoin wallet.

yes... i want to smile a whole smile all the way... not cut in half while i sleep.

MsCollec

legendary

Activity: 1400

Merit: 1000

Quote from: LMFS on January 31, 2014, 04:08:34 PM

there is risk Yes. what people arent getting is... feb 15th someone could cut your value in half if they see REDD looking good on an exchange. what if REDD shows up before the 15th on any exchange for 1 satoshi. Well they can easily get it from IPCO for less. but to get it on IPCO is now taking original investors potential ROI.

More people investing creates value of the coin... that is understood. I truly don't believe the dev is understanding whats being said. once the coin hits market the redd/btc value is no longer decided upon investor money. It should'nt be Invest til 15th. should be "invest till 15th or when coin appears on an exchange. whichever comes first." THIS is how you protect your investors.

Either way there's a chance to get rich off Reddcoin if you know how to play the game.

1. Invest minimum BTC in IPCO in order to get 25% premium over stage 2 investors.
2. Save your bitcoin until the dump on exchange by miner which exclude IPCO investors since there's 90 days time-lock on their investments.
3. Sell high along with the IPCO investors after 90days since nobody will sell below the price they got it in IPCO.
4. Smiles all the way to your bitcoin wallet.

Topic: [ANN][RDD] Reddcoin The Social Currency [PoSV] Electrum Wallet 1.0.2 - page 226. (Read 688982 times)