Topic: [ANN][RELAUNCH] Yincoin/Yangcoin ☯☯ Destroying Coins|Distributing Coins|Big NEWS - page 11. (Read 64143 times)

Sounds good. But if you are buying Y/Y back at 375 sat then those who paid more than 375 originally won't get all their money back.

Im in either way.

I'm not sure what about your plan is not what we're doing. We will be buying simultaneously with the IPO. I will be spending my personal money to buy Yin/Yang back. I'm willing to do this because I believe long-term that HarmonyCoin will benefit me. I'm not the only person on Harmony though, we have a team of 4 main people. None of the have any association with Yin/Yang. This is why it should be a new coin and not associated with yin/yang.

Damn I couldn't sleep just thinking how this could never work if you do this after the IPO. First of all, if you want to lose all association with yinyang, you need to get 45 BTC from the IPO in order to buy out the complete yinyang market as this is the onliest way to discard complete association. Meaning no yinyang has to be swapped after the IPO. Not only is this gonna be impossible to get, but how are you going to make the whole community trust you with ten-thousands of dollars worth of BTC from the IPO, if you have no real solid reason to not buy out the yinyang simultaneously ? Doing it afterwards is not going to get Harmony less associated with yinyang as when you do it before/simultaneously...

And as mentioned it's just IMPOSSIBLE to kill all associations, think of the remaining yinyang that still need to be available for the swap. Do you really want to make the harmony investors believe harmony and yinyang have nothing to do with each other only to let them find out eventually ? Or do you want to revive yinyang, make an end to that project succesfully FOR YOURSELF and start fresh with Harmony ? I seriously don't get why you're not choosing for my suggestion. Please don't kill the thrust you were slightly building up again for yet another time. You always stated you're doing this for us, the people who invested in YOUR yinyang. And you literally asked us to work as a community and implement ideas. So what's up with that ? You'll earn your big part from Harmony too if you follow my advise, i didn't leave you out on this, don't worry...

I'd suggest you let the community decide if you're still not convinced, since satisfying them will be the key in the succes of Harmony. saying you're gonna buy the yinyang market afterwards is just going in the shady zone again. I'm pretty sure my plan is rock-solid the way i set it up, if you adjust it like that you'll totally kill it..

Gonna sleep now, if i may give you one last tip: make sure you find a way to promis to the rest of the community you're gonna buy the yinyang afterwards, or they might panic and spam the Harmony thread with uncertainty: not good.

+ Don't wait too long announcing the new plans. Don't forget to already announce the buy-wall price you'll implement for yinyang either. It'll temper the peeps' vulnerability to the new changes they'll be happy to hear about it.

goodnight

okay, i suppose you know what you're risking. you're the creator, you decide and thanks for implementing the rest of the idea, means a lot i could contribute to a better future for Harmony

I would prefer for Yin/Yang to be very little associated with Harmony though. I will personally buy up Yin/Yang after the IPO is over. At that point people can invest into HarmonyCoin if they desire.

You can't hold the people from not talking about yinyang and associating it with Harmony. It's honestly better to get the rep of yinyang fixed so it can be a positive association. If you are going to buy out yinyang afterwards, you might aswell do it before anyway... You don't even have to fully buy it out yet, if you buy enough to set the wall at 375 satoshi, its reputation would already be stronger. i've been buying some yinyang to strengthen its wall already but i'm not gonna buy too much, you can use the BTC you spare from buying it cheap for mintpal. Restoring its rep is pretty simple and doesn't require that much BTC, and it'll eliminate all negative comments on the association with yinyang. And the association YOU have with yinyang ofcourse too.

BTW: I've edited my last post a bit, just wanted to check if you read the things i added too?

Damn i'm glad we're on the same level, writing that costed me way too much valuable time with upcoming master exams for this to be ignored :p

I was going for the same idea, indeed, it'll be less associated with yinyang. There's still an association though because the remaining yinyang coins (those not spent to IPO, or if people prefer to hold) could still be available for the swap ofcourse. But that's cool since yinyang's reputation will be restored. No problem in having an association with it !

Yinyang is not supposed to keep living though. Give yinyang a proper funeral by buying it out and hold/destroy those coins as i mentioned in my plan before. You can leave the yinyang episode behind you with a good ending, and have a fresh start with harmony. With a purified reputation. Keeping yinyang alive, there's no point in doing so. The coin will just die again (you don't want this on your name, seriously), better to phase it out yourself at a healthy point. Best/only way to finish that project succesfully, you'd probably be (one of?) the first altcoin creators that actually succeeded to finish a project AND satisfy the investors. What better way to start with a new coin ? Who wouldn't want to take part in Harmony ?


Ofcourse you MUST have a transparency of your trades (IPO AND Yinyang). The community must be able to see there's a ratio of 8/1 between yinyang's bought and IPO harmony sold. If not, there's no point in doing this or no one will be able to check if the yinyang is actually being bought. I suppose it's hard to do this with Polo addresses. But i'm sure there are ways of doing this. Maybe you could put all the premine in one wallet first, or even destroy it with the method you mentioned in the thread before. Then afterwards, provide another wallet where you send all the bought yinyang to. And make sure the community can follow everything with the blockchain. (i'm sure there are better and more transparent ways of doing this, but it's just an example you can build further on if you wish).

Great news! Thank you!

Awe thank you for not forgetting me as I am a good supporter and also trolled hard on POLO..they know me well there..

Could you dm me your Yang address.

I still haven't been paid for my blog bounty who now is in charge of paying out bounties for bloggers? I am also invested heavily in yin/yang and I did my part to support the coin. I never got the free distribution as I was promised either so feeling a little sad at the moment as I hate my hard work going to waste. >:(I want to support Harmony Coin too but would love to be paid for my work as promised.

YangCoin (YANG) +270.00% past 24 hours  

https://www.cryptonator.com/winners-losers

+1
This deal is screwing the supporters and dumpers alike.