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Topic: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh) - page 139. (Read 466802 times)

legendary
Activity: 1045
Merit: 1000
is the price of SolarCoin going down, when the power produced by Solar Cells getting cheaper over time?
sr. member
Activity: 377
Merit: 251
Note to self: it's not you doing it, it's us.
legendary
Activity: 987
Merit: 1003

.... What I am talking about is my future I am building here - SLR, ETH, BTC, MAID, EAC, NXT, BTS, DASH, NAUT, NET...etc. used in my life for particular purposes, with the specific value they have for me, technically easily interchangeable/obtainable/spendable in a truly free market. Once I am able to say "what is this? USD? Dinar? Rupees? Lira?... fiat? I don't need these anymore!" - then I'll know I've done my part....

.....
Do you really think USD or Fiat in general will be discarded to use SLR and BTC instead?

No, I never said that. I'm talking about the future I'm building for my life.
Now here is what I really think: I will be using crypto only, you will be using fiat only.

exactly! because in the end it all comes down to personal choice. no one is saying crypto will take over fiat. But they will most likely continue to exist alongside fiat currencies

You talked about building a future, I guess that is where I don't follow along since you can build it all in the here and now, poof BitCoin can be sold for Fiat and SLR can be sold for BitCoin and vice versa done. All you have to do is accept Crypto as your lord and savior and you are saved! Smiley You talked about the value it has for you, but then talk about a free market and we already established that Crypto is manipulated. I don't want to get rich off of Crypto so I don't have any qualms about creating a truly free market. Would you feel free if Bittrex did what Cryptsy just did?
sr. member
Activity: 377
Merit: 251
Note to self: it's not you doing it, it's us.
Running new Solarcoin wallet Version 2.1

Withdrawal worked fine from Bittrex to new wallet.

Interest rolling in with no problems.

So far everything is A++  Cool

New wallet you say? Ooooh. Smiley

*Edit: You beta testing?

just reviewing release candidate planning to put it up Tuesday evening late if no problems.

Installed fine over 2.0.8 (in Win7) , transactions IN worked fine.
Transaction OUT and Interest transactions do not get confirmed - I guess this is because of the testing (release candidate) environment?
Also I had some UI suggestions for the Overview window, to include some more detail. Steve knows about these from the time of the previous release testing - will now post here and PM both you and Steve.
sr. member
Activity: 445
Merit: 250

.... What I am talking about is my future I am building here - SLR, ETH, BTC, MAID, EAC, NXT, BTS, DASH, NAUT, NET...etc. used in my life for particular purposes, with the specific value they have for me, technically easily interchangeable/obtainable/spendable in a truly free market. Once I am able to say "what is this? USD? Dinar? Rupees? Lira?... fiat? I don't need these anymore!" - then I'll know I've done my part....

.....
Do you really think USD or Fiat in general will be discarded to use SLR and BTC instead?

No, I never said that. I'm talking about the future I'm building for my life.
Now here is what I really think: I will be using crypto only, you will be using fiat only.

exactly! because in the end it all comes down to personal choice. no one is saying crypto will take over fiat. But they will most likely continue to exist alongside fiat currencies
sr. member
Activity: 377
Merit: 251
Note to self: it's not you doing it, it's us.

.... What I am talking about is my future I am building here - SLR, ETH, BTC, MAID, EAC, NXT, BTS, DASH, NAUT, NET...etc. used in my life for particular purposes, with the specific value they have for me, technically easily interchangeable/obtainable/spendable in a truly free market. Once I am able to say "what is this? USD? Dinar? Rupees? Lira?... fiat? I don't need these anymore!" - then I'll know I've done my part....

.....
Do you really think USD or Fiat in general will be discarded to use SLR and BTC instead?

No, I never said that. I'm talking about the future I'm building for my life.
Now here is what I really think: I will be using crypto only, you will be using fiat only.
legendary
Activity: 987
Merit: 1003
That is the problem it is a Stock not a Currency. This is why the Costs of Power should be used to PEG the price and then SLR could be stabilized. It is unfortunate that no one foresaw this fact and decided the profit model was best. SolarCoin can never be sold for Cash since BitCoin is the only coin allowed to do that. Otherwise it is a securities act Violation. So it is necessary to exchange to BitCoin in the current model and SolarCoin can not maintain a Green status even though it promotes solar adoption. The very fact that having Merchants means they need liquidity will mean SLR must rely on BitCoin a power hungry coin.

No, it can be sold for cash, all stocks can be sold for cash.

Again to my Point a Stock... You can sell it for cash but an exchange can't. There are actually disclaimers written into sites like Payoneer that you can not send cash for Crypto etc. Why would they do this? Because they don't want to be accused of facilitation of a Securities Act Violation.

Some exchanges aren't set up for it. You need money changers licensing to do so. Coinbase does it all day long with Bitcoin. In Europe there's bittylicious, and they convert many different coins for Pounds.

https://bittylicious.com/

There's no violations.
It can be done with BitCoin legally yes no other coin though. If any exchange does it they probably facilitate the BitCoin transaction to then sell the coin to Pounds. It may be in the fine print somewhere.
legendary
Activity: 987
Merit: 1003
this is absolutely true i got the same opinion cant be sold

Where is that? in the USA? And then... who needs "that" cash in the future we are building here? Oh, I got it - those here who ONLY say "you do that! you don't do that!..."  Grin

Ok Dinar is Served! Rupees? Lira? Anyone...

See the problem now? USA and SLR means BitCoin must be supported and promoted so a Green alternative in its truest sense is not attainable. By using a Magic Number as the PEG (I understand the difference on Claiming etc.) means it is now a stand alone currency X=1MWH and then it gives power to the coin. People can trade hand to hand for cash or goods. Merchants couldn't really accept it with 33 Million outstanding but at 10,000 coins they may be more apt to adopt it and hope that there are many buyers in a more stable market. I actually flip the script here in my plans since the merchants are crucial to any economy. And they will simultaneously forge the bonds of Solar adoption. It is only too bad I don't have the support of great minds that are behind SolarCoin. But I will give it a go...

Gotcha! Looks like you didn't get it. What I am talking about is my future I am building here - SLR, ETH, BTC, MAID, EAC, NXT, BTS, DASH, NAUT, NET...etc. used in my life for particular purposes, with the specific value they have for me, technically easily interchangeable/obtainable/spendable in a truly free market. Once I am able to say "what is this? USD? Dinar? Rupees? Lira?... fiat? I don't need these anymore!" - then I'll know I've done my part.
Cheers!  Grin


No, you still don't get it... The problem is your perception just to say what is "this" doesn't pay the Merchants bills for the cost of goods you buy from them. They and their suppliers must also say what is "this". You can give ETH to buy Gas with, then give SLR to pay your power bill, then give BTC to pay your rent with. You say... but these are all I have to pay with, everyone take them as payment since you can see they are valuable by the exchange price. Then you find you have no where to live and no power even if you did have a place to live (unless you are a claimer but now have no where to put your panels), and finally you end up having to hitchhike because all your Rupees, Dinar, USD, Lira have been spent buying Crypto.

Maybe the person that picks you up as a hitchhiker will take Crypto from you though, and you can tell them about how you can give them BitCoin so that they can then go buy SLR with it so you can then sell off your SLR to BitCoin and then sell BTC to Dinars in order to pay your rent when they buy in... But why didn't you just take the BitCoin and sell it first instead of giving it to them to buy SLR? Well you told them SLR was going to the Sun, better buy in now, and instead of you buying the SLR you let them buy it hoping they pull out their wallet and buy more BitCoin to buy more SLR with. I get it now, but you still need Dinars for your Dinner!

Do you really think USD or Fiat in general will be discarded to use SLR and BTC instead?
legendary
Activity: 1708
Merit: 1000
Solarcoin.org
That is the problem it is a Stock not a Currency. This is why the Costs of Power should be used to PEG the price and then SLR could be stabilized. It is unfortunate that no one foresaw this fact and decided the profit model was best. SolarCoin can never be sold for Cash since BitCoin is the only coin allowed to do that. Otherwise it is a securities act Violation. So it is necessary to exchange to BitCoin in the current model and SolarCoin can not maintain a Green status even though it promotes solar adoption. The very fact that having Merchants means they need liquidity will mean SLR must rely on BitCoin a power hungry coin.

No, it can be sold for cash, all stocks can be sold for cash.

Again to my Point a Stock... You can sell it for cash but an exchange can't. There are actually disclaimers written into sites like Payoneer that you can not send cash for Crypto etc. Why would they do this? Because they don't want to be accused of facilitation of a Securities Act Violation.

Some exchanges aren't set up for it. You need money changers licensing to do so. Coinbase does it all day long with Bitcoin. In Europe there's bittylicious, and they convert many different coins for Pounds.

https://bittylicious.com/

There's no violations.
sr. member
Activity: 377
Merit: 251
Note to self: it's not you doing it, it's us.
this is absolutely true i got the same opinion cant be sold

Where is that? in the USA? And then... who needs "that" cash in the future we are building here? Oh, I got it - those here who ONLY say "you do that! you don't do that!..."  Grin

Ok Dinar is Served! Rupees? Lira? Anyone...

See the problem now? USA and SLR means BitCoin must be supported and promoted so a Green alternative in its truest sense is not attainable. By using a Magic Number as the PEG (I understand the difference on Claiming etc.) means it is now a stand alone currency X=1MWH and then it gives power to the coin. People can trade hand to hand for cash or goods. Merchants couldn't really accept it with 33 Million outstanding but at 10,000 coins they may be more apt to adopt it and hope that there are many buyers in a more stable market. I actually flip the script here in my plans since the merchants are crucial to any economy. And they will simultaneously forge the bonds of Solar adoption. It is only too bad I don't have the support of great minds that are behind SolarCoin. But I will give it a go...

Gotcha! Looks like you didn't get it. What I am talking about is my future I am building here - SLR, ETH, BTC, MAID, EAC, NXT, BTS, DASH, NAUT, NET...etc. used in my life for particular purposes, with the specific value they have for me, technically easily interchangeable/obtainable/spendable in a truly free market. Once I am able to say "what is this? USD? Dinar? Rupees? Lira?... fiat? I don't need these anymore!" - then I'll know I've done my part.
Cheers!  Grin
legendary
Activity: 987
Merit: 1003
this is absolutely true i got the same opinion cant be sold

Where is that? in the USA? And then... who needs "that" cash in the future we are building here? Oh, I got it - those here who ONLY say "you do that! you don't do that!..."  Grin

Ok Dinar is Served! Rupees? Lira? Anyone...

See the problem now? USA and SLR means BitCoin must be supported and promoted so a Green alternative in its truest sense is not attainable. By using a Magic Number as the PEG (I understand the difference on Claiming etc.) means it is now a stand alone currency X=1MWH and then it gives power to the coin. People can trade hand to hand for cash or goods. Merchants couldn't really accept it with 33 Million outstanding but at 10,000 coins they may be more apt to adopt it and hope that there are many buyers in a more stable market. I actually flip the script here in my plans since the merchants are crucial to any economy. And they will simultaneously forge the bonds of Solar adoption. It is only too bad I don't have the support of great minds that are behind SolarCoin. But I will give it a go...
legendary
Activity: 987
Merit: 1003
That is the problem it is a Stock not a Currency. This is why the Costs of Power should be used to PEG the price and then SLR could be stabilized. It is unfortunate that no one foresaw this fact and decided the profit model was best. SolarCoin can never be sold for Cash since BitCoin is the only coin allowed to do that. Otherwise it is a securities act Violation. So it is necessary to exchange to BitCoin in the current model and SolarCoin can not maintain a Green status even though it promotes solar adoption. The very fact that having Merchants means they need liquidity will mean SLR must rely on BitCoin a power hungry coin.

No, it can be sold for cash, all stocks can be sold for cash.

Again to my Point a Stock... You can sell it for cash but an exchange can't. There are actually disclaimers written into sites like Payoneer that you can not send cash for Crypto etc. Why would they do this? Because they don't want to be accused of facilitation of a Securities Act Violation.
legendary
Activity: 987
Merit: 1003
I think all of this is pretty good discourse. We all are here because we believe in the idea of the project. We might have different opinions about the implementation but we are only year 3 in a 40 year project. I would say that slow and steady wins the race.

It looks like the pump had cooled down. The price is still a bit higher than before that pump but what is important is the volume. For a while it was only less than 1 BTC a day and now we are at 20 BTC. If we were to get on Poloniex I think that would be a game changer since there is some serious money on the exchange. I sent a request but it looks like thay have every other shit coin on there except SLR. One day other exchanges will see what we see. To the Sun!!!!

Glad you enjoy it, I believe in the project and wanted to make a difference. I could see Poloniex helping the price for sure. I hope it can sustain 20 BTC a day I could buy and sell to myself and sustain it for fun in the Sun!
legendary
Activity: 987
Merit: 1003
sr. member
Activity: 493
Merit: 250
I think all of this is pretty good discourse. We all are here because we believe in the idea of the project. We might have different opinions about the implementation but we are only year 3 in a 40 year project. I would say that slow and steady wins the race.

It looks like the pump had cooled down. The price is still a bit higher than before that pump but what is important is the volume. For a while it was only less than 1 BTC a day and now we are at 20 BTC. If we were to get on Poloniex I think that would be a game changer since there is some serious money on the exchange. I sent a request but it looks like thay have every other shit coin on there except SLR. One day other exchanges will see what we see. To the Sun!!!!
sr. member
Activity: 445
Merit: 250
sr. member
Activity: 445
Merit: 250
this is absolutely true i got the same opinion cant be sold

In reality you just want to trade something of value for something else of value. If people see value in Solarcoins they will trade them for cash. I don't see a problem here. In fact I sold some to a friend for cash.

I see the value in SLR! do you?
sr. member
Activity: 365
Merit: 250
Making things better with better things.
Running new Solarcoin wallet Version 2.1

Withdrawal worked fine from Bittrex to new wallet.

Interest rolling in with no problems.

So far everything is A++  Cool

New wallet you say? Ooooh. Smiley

*Edit: You beta testing?

just reviewing release candidate planning to put it up Tuesday evening late if no problems.
sr. member
Activity: 377
Merit: 251
Note to self: it's not you doing it, it's us.
this is absolutely true i got the same opinion cant be sold

Where is that? in the USA? And then... who needs "that" cash in the future we are building here? Oh, I got it - those here who ONLY say "you do that! you don't do that!..."  Grin
full member
Activity: 214
Merit: 100
this is absolutely true i got the same opinion cant be sold
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