Topic: [ANN][RDD] Reddcoin The Social Currency [PoSV] Electrum Wallet 1.0.2 - page 228. (Read 688960 times)

Guys chill out, after the stage it will be stupid for anyone to buy in the IPCO since there's constant decrease in the coins as people invest and you can buy the coin elsewhere without having to wait 90 days time lock. (only a newbie will invest after Feb 1)
We investors need to get Reddcoin trading on exchange ASAP that's the only way to protect our investments or watch it get eaten by big shark investor with no brain 

Difficulty adjustment make it so there only 1 block per minute, for everyone.

You can still wait until february 15th to get in but you won't be in stage one. You guys ask me to add stage one to reward early investor and I did. If you don't want to be in stage one, you should wait until february 15th to invest as the only incentive to invest early is stage one. There won't be any more refund after january 31st as already stated.

Reddcoin

I thought more miners faster to solve a block. less coin per person if more miners...but more coins on the market. More supply.  supply and demand will play in effect. doesnt seem like your truly explaining or justifying anything.


**edit***
ONE BIG QUESTION.
If you're letting people buy in up to Feb 15th. Do we get to ask for a refund up to then too? I think by the 15th i'll kmow if im mining more coin than i will receive daily from IPCO this way i can eliminate my risk as well. You state in your IPCO you want people to have a chance to see its real be fore 'Risking" investing. Lets make it a 2 way street.

Please tell me the time of launching.
That's it

i already did the math. since you have weighted factors the value does change. 4 days ago my initial investement was worth $1,200+. More people invested, value of redd went up, total coins i recieve went down. AND my invested value reduced as well. a note... in fairness i would recieve 39,000,000 less coins if this were valued and distributed properly. I feel these rules in place do not protect the investor. IF the value jumps to .00000005 btc each on feb 14th... someone or group of someone could come in... invest 17BTC and clean half the IPCO share away... turn $13,000 investment in $109,000. Anything is possible in this market. With the rise and fall of value in market alone is the risk we all take. Now as investors we also risk someone sneaking in the back door and stealing 1/2 everyones money. How can you not see that. You as Developer have a responsibility to protect us investors. You can't conrol the market... but you can control this.

Redd.OakPool.com will be offering rewards and bonuses to miners to help support the community and bring in new people. After launch day we will share a detailed plan about how our rewards will work and how you can earn them. Pool admins will also be available to help people get setup and running efficiently. We're here to support Reddcoin and the community.

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

I'm expecting it'll be during the superbowl 

When will it launch?
Only the dev knows?

Registered here! See you on release

Too much primine？

additionally.... if someone were to invest IPCO with no means to mine coin and if the markets spikes high on launch and then takes a nose dive on feb 15th due to influx of new coins available all 1 stage investors lose out on all of that initial opportunity.

1st stage investors should have 1st stage coins in their wallet by end of IPCO. now with no development in place and coin value tanks.... dev walks away with 15,000$ without doing a thing.


IPCO rules need to change quickly. and the dev needs to be responding equal to the number of posts in this thread if he is truly behind this coin. Should be monitoring this thread like a hawk.

Make sure to join the community on www.reddit.com/r/reddcoin

Pool ready for pre-registration (proportional, stratum only, vardiff, 1% fee, two nodes on dedicated servers):

well lets see what happens.   But yes I am disliking the the amount in the 2nd  pool.  Your right the people who have put in already taking the risk should get the pay out.  I dont think anyone should be able to buy in once the coin is released.  Hope Redd reads these and takes action.  Iv seen my payout and its halfed already.

Cancel the 2nd payout or at least make first payout bigger pool than 2nd.

Are there any actual developers with a "roadmap" in mind to follow after the relaunch, like some services, paper wallet, exchange, and so on?

i like your comment, ive been reading this thread.Problem is anyone can give a very good idea, plans etc

Mate, it's hard to be excited in the current situation: the goal the creator of this coin has in mind is awesome, but there are two problems:
- Doge has already done most of them, although in a non-centralized way, and doge already has a huge userbase.
- The Reddcoin admin only has ideas, he doesn't have any coders working on the project or any proof of concept released.

Don't misunderstand me: I would love for this to succeed, since Doge is already too difficult to mine and too expensive to buy for mere tipping purposes, but there is really not much done to give me faith in the long term success (hell, even in the short term success) of this coin...

the IPCO needs to be minimum %60 to the 1stage investors. Quite honestly no one after Feb 2nd should be allowed to buy in once the coin is live. I've watche my coins get cut in half in a week. What will happen when they hit exchange in next 2 weeks and gain value. You're sitting looking at your ROI on feb 2nd and it looks good. You took a chance and you're excited. X number coins coming my way.... woohoo. Somewhere around Feb 14th there is a nice jump in value because Redd does things right. Then a few schmucks decide they want to invest cause they see Redd is good. Bam everyone has their coin cut in half. Market value doesn't double so instantly every ones ROI is sliced in half all because a few were too chicken to take the risk before Feb 2nd.

At the moment the value of Redd is only based on the number of BTC invested. that's it. but once the market gets it there will be a public value and that changes things. Once it hits the open market and a new value is set and more people invest you begin diluting the value of every body who invested prior to launch if the value goes up.

Another Example of diluting value. When more BTC is invested, but IPO remains the same, the value of Redd goes up, but its not relative to your coins received.
Example from a few days ago.
8.5 BTC invested by all / 5,450,000,000 coins = 0.00000000155963302752294 x 804,657,728 my Redd =  $1,006.37 (+200 give or take based BTC value) instant return.

Then today...
17.34098244 BTC / 5,450,000,000 coins = 0.00000000318183164036697 x 344,634,153 Redd =  $ $879.35  (+70 give or take based BTC value) instant return is less. the reason it is less is due to the XYZ vaues in the equation. Definately not the way it should occur. # of coins should be #BTC/#redd * #btc personally invested in order to not dilute your Shares.

Now real world crap.
Say feb 14th i'm still solid at 344,634,153 Redd and the market opens and Redd/BTC is .00000001. lowest btc increment available. Thats  $2,763.66 ROI right there if market held 90 days to sell all coins.

If joe schmuck and his gang want to invest 17btc the new amount of coins gets sliced in half. its actually more due to the XYZ factors but lets say half to be simple. So now feb 15th you went from 344,634,153 to 172317076.5 but the btc market (now  that coin is live) is still only at 0.00000001, your new ROI is now  $1,381.83 and you lost  $1,381.83 overnight. Not due to the market but due to someone buying IPCO after launch.

Lets say Redd/BTC jumps to 0.00000005 on feb 14th. that's $13,785.37 return. not bad huh for taking a risk. But don't forget... people can still buy in. And they do. Bam your coin cut in half and your new ROI is  $6,892.68.

Not to be greedy but I'd be pissed if that happened. And I know everyone else would be too. IPCO should close feb 2nd. Risk is risk. Investor risk more than those that buy/sell on market. We risk the market dropping.... but we now risk someone cutting in on our profits by buying in at the very end.