Topic: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh) - page 240. (Read 466822 times)

Yup this is true.

People on this forum have already bought Natural Soy Wax Candles from Candlelit Day with SolarCoin. If you are interested www.candlelitday.com.
 

How many accounts do you have we got the point the first time?

Just move on. Since you have nothing possitive to add here.

And no cheap solar for you.  I guess it upsets you that you are not in control of the price.

Peace.  Welcome to ignore.

And that in its own way tells everything about you right there.

Solar backing is a great idea, it is just structured wrong, if that means people who hate being taken advantage of is a good thing for this coin then I guess you have success! But this is Crypto too, many people come in thinking they will strike it rich and then get pummeled by reality. Only PnD groups make money or Devs who mined coin and slowly sell to anyone who comes along. Since most people don't buy from the Sell sheets they place low bids thinking buy low sell high but most graphs just don't pan out for people in the long run.

Actually SLR is structured right to hold and hope to make huge profits allowing anyone to simply compare it to BitCoin. But when you consider that BitCoin is also manipulated you gotta really wonder why any of these coins exist. It is to make money from unsuspecting people who dream big and want to topple the powers that be in FIAT. Dream on...

Haters are in full force on this coin must mean good times ahead!

I do feel sorry for you, but for other reasons.

At least they could buy pizza for like 30k of them or something.  It was SOMETHING. There's absolutely nothing you can buy with SLR that you cannot buy with any and all of the more than 500 altcoins somehow active today.

But you still refuse to answer the far more important question: why any and all jerkoffs claiming coins would in any way, shape or form benefit slr?

Dont fell sorry for me. I haven't lost a single cent on this utopy. I am "ahead" .... by at least us $0.10...

Did you sell at the bottom? Sorry for your luck.

So people who paid .005 cents for bitcoins in 2009 where losers also? I bet you would pick those up off the ground today.

For the umpthteenth time, why is doing that in any way, shape or form positive for this project? Do you REALLY believe anyone will be interested in "collecting" a few cents they wouldn't bother to pick up on the street if they were lying on the floor? I didn't think so. Regular people -as opposed to stupid loser nutcases- are quite busy doing something called LIVING to waste their valuable time on something only jerkoffs engage on.

Best thing anyone can do for this coin is just get the word out especially to people who have solar panels on there roof. Its very easy to spot  

Quote
"Hello,

I can't add much to this debate relative to what has already been said. I am reaching out to our developers and website affiliate asking them to post in this forum with their own opinions, positive negative etc. Some of our developers have asked for anonymity which we accept.

I will speak for myself in saying I believe SolarCoin is a very interesting project. It has high optionality, meaning for a fairly small upfront cost, a large collective project can be launched.  The project is 100% voluntary and welcomes criticism, encouragement and support. 

Like many long-term ambitious projects, there is no guarantee of success. We welcome the thoughts concerns and ideas that may help make SolarCoin work better. It is inevitable that over the coming years there will be differences of opinion about many things. My hope is that those differences, ideas, enthusiasm and energy create a net contribution directly or indirectly to the production of more solar energy globally.

best,

Nick Gogerty"

Hi all,

We've been very busy working on the French SolarCoin version. It is now up and running - Dutch should be coming up in the next days as well and we'll be following with German. Goal is to be uploaded when POSv is up.

Some add-ons to the English version : we've added a "how to invest" in SLR faq as well as a "how to use a slr wallet" faq.

I trust SLR has indeed a high optionality and believe the SLR Community should now get focused on contacting installers and solar field as well as home owners.

Regs,

SunnyBoy

Would this idea be good enough to implement?

Set amount of Claim Coin, 98 Billion etc.
First Solar Claimers get to make the first PoS to be sold, they don't claim minted coin but will PoS the amount they can claim as a Token.
There would be Claim Tokens that can not be sold on exchanges, this equals the amount of claim coin.
This would create demand for claiming since first claims in would make the most PoS according to the next rule.
As the PoS is created it will Burn Claim Tokens. So there are less to claim, creating more demand for Solar Claims to be made.

You could set the Claim Coin accordingly to whatever seems right to balance and create demand. So if every possible solar claimer claimed from Day One it would create the most amount of long term PoS but distributed through every possible claim and never eroded. If early adopters get in they will reduce the amount of claims later with their PoS and make the most money from generating PoS as a small increment but the overall economy would need this increment to be worth more. Maybe there are more creative ideas to turn this into an even better scenario for Claimers.

This would also mean that the economy is only as big as the Claimers since they will only PoS what they Claim as Tokens but they may sell higher priced as coin since there is more demand and nobody else seems to want to claim so they make more profit.

So this could drive a demand for claims and pay off for the claimers since we can attach a buy precedent in that it is also Rare Coin since only PoS is sold openly.

Then to protect the buyers of the coin they also know that there is only so much PoS created so when they Buy a product it will equalize better for the Merchants, no dumping of coin on them. The equalization is the internal economy created which would meet the price point for selling. The PoS would equal the output but since that output is smaller needing a larger economy this means it won't equal $90MWH it will equal the internal Market Cap of the Solar Claimers more easily. Solar Farm claim investments are millions to create a trickle of PoS, and as more claim in the more PoS is created but that is only to equalize demand which could be thousands of people buying the coin. Boosting the price up even though more coin is created. This emphasizes demand because claimers see no reason to not join in and make more for their claim.

The only reason more claims would make the price go higher is that there would be more demand for coin if Claimers see the money and jump in, but also now there is another lets say 5 acres of solar claim to the internal market cap which is 2.5 Million in approx worth. The Claimers can only sell so much coin too and if the Merchants only sell to get back their costs then the Merchants will make the most money long term. Plain and simple they need to support the coin as much as possible to be a part of the internal economy too.

So how to create buyers now. Since the Buyers are creating extra money for the Solar Claimers they are boosting the payout past the costs power companies usually pay. Any amount would be more than what they are paid for their power actually.

Or perhaps this is all backwards and people can buy Tokens to Claim any Solar Company that is out there. If that Solar Company wants to buy their claim later they must shell out money to do so. Since they bought Tokens to make Coin they could trade the Tokens to any wallet and trade open on a market or exchange. The Tokens never break into Coins only a representation of an amount of Claim that goes away from the actual amount of Solar Farms out there. A set price to buy a claim which will be high and the coin created based on demand which will self perpetuate.

Hey this may actually work, since we have a set price for a claim and output equaling PoS percentage and the PoS is created making it worth something to the Buyer of the Token to create the PoS.

Well there you have it. I just thought this up real time so that is why the last part was what I think will make it work. Oh wait, since the actual costs to create the coin will be more, this could be where the money to buy in is used to create a Solar Farm and the output buys back coin and burns any coin that sells to it, boosting market cap again. There can only be so many sells but burning coin means there is now less coin, effectively stabilizing Market Cap and always allowing the price to go up only. So the buyers have a Token to create coin equal to the amount the Solar Farm produces, if no one buys the coin for more then it makes sense to burn it anyways and just sell to the buy wall. So price will always be more than the buy wall or wholesale cost of Electricity.

Maybe someone has something else they can add to this to make it more cohesive. But this way we would have a race to buy and build coin and a way to pay out always. If we raised $2.5 Million that is only 5 Acres and $200,000 a year payout for Merchants to sell to. People could take a chance on the coin, just think about it. 10,000 people spending $250 gets a 5 Acre Solar Farm and always has backing to their structure, and only time would tell if trust is earned. But once it was earned then you build on that trust since most of these investors are paid back and now hold coin to PoS. Each Token holder could also gain admittance to the Solar Farm and have a special output section online with multiple cams around the complex.

So if you Buy a Token to create PoS you get a place in the Solar Farm with output to the Buy Wall. If you just buy coin you have to pay more on the sell wall which will also have supply to it since some groups of people may not sell out and use it internally. If the Buy Wall gets eroded this will be the only time people could possibly get a lower price, but the buy wall always replenishes and if the volume of sells never reaches a certain amount then the buy wall could buy lower possibly. It would be mathematically controlled so it is set in stone. No one gets to profit huge amounts from the coin they just get to use it.

This would be a nice gateway for spending SLR on lots of places.  https://gourl.io/voting-slr-now.html

voting encouraged.

Price moving up... Volume almost 3 btc...

I tried to come up with better solutions not involving a Solar Farm with a Buy Wall, and there is no way around it and create stability. You will never have demand for something unless it derives worth.

Once ROI is met the Solar Production is free and the Power Company would be supporting the coin. It is like placing worth to the money you bought in with and always pays back, and it could grow exponentially. The coin could even be ran on trust since the buys could be there before a transaction transpires.

The only thing I could see happening without a Solar Farm Buy Wall would be to create a pass through and the Solar Claims make transaction fees. Where they don't Claim the actual Coin but Claim and generate the Staking and PoS to Send Transactions. They make the fees for the transactions and a set percentage possibly.

It is like PayPal at that point. The money coming in goes right back out instantly, no need for exchanges other than to change from FIAT to SolarCoin.

Again, it makes no sense for anyone just to buy in and change their money into SLR just to buy a product which has to then go back to FIAT or at least BitCoin.

This is why the Solar Farm works and turns everything else on its head. You could have people buy a Solar Panel to invest, it gets hooked up to a large array better cost and efficiency. Or in a better producing zone. So someone in a low zone can participate in a high zone. Then they use the output to either buy from a merchant or sell and gain the money they would normally get on their produced electricity. I guess this boils down to trusting the Farm. If it were a Publicly Traded Company all Profit and Loss go in the books.

But thinking all of this through I give up. Since most of the people wanting these coins to succeed are just looking to Profit. The only coins which will succeed have services behind them. Like Storj coin, so you pay to get something and if you earn it is because you gave something of worth to the buyers and in this case it isn't even a material good just storing your files encrypted. I think this is where Crypto is headed now since smart people will not just buy a coin and gamble to get out.

FYI: https://www.cryptocoinsnews.com/breaking-paypal-merchants-can-now-accept-bitcoin/

Any eta on POSV?

for those interested in how POSV works. here is a good primer with a simulator.http://cannacoin.cc/posv/ 

We are currently working on a 2% interest rate. with a 33.6m base of coins. that would work out to an effective creation of SLR 0.672 million/ yearly.  There are an estimated 130-170m SLR equivalent of solar energy produced yearly. We believe the 2% rate is low enough that it won't "over - represent" the global production rate.

We may also look at a future version of POSV which only rewards elapsed staking. This would effectively reward stakers on an ongoing basis but significantly decrease the true aggregate monetary inflation.  Example if all wallets only stake the equivalent of 10% of the time for a year we would have an effective inflation rate of 0.2%.  This is interesting as we could increase the staker reward to 8% for individual participants, but still have minimal aggregate increases coins staked. There is of course likely a non-linear relationship between reward and % staked such that at high rates, the staking would climb such that individuals staking would make the individual interest rate approach the aggregate monetary inflation rate.  Anyone who has research on this with other coins, please come foward.  an 8% individual rate with 0.8% monetary inflation is an interesting proposition, but needs to be studied.

another alternative to minimize aggregate inflation impacts and stick to the 1MWh= § 1 SLR would be to "Tax" large >1MW farms.  Example @10% tax would mean the foundation would issue 90% of the coins relative to the claim. The tax by reducing the parity would effectively help maintain the MWh/SLR parity while making the SLR distribution more equitable.  This may seem arbitrary with the currency mined monetary base, but become an issue with larger claims etc. going forward.

As always thoughts from the community are welcome on this and other matters.

Very Cool! Nice refresh on the website also.