cryptonick and barabbas are now on ignore. The level of pompous exceeds sanity tolerance.
cryptonick and barabbas are now on ignore. The level of pompous exceeds sanity tolerance.
+1
+2
+3!
At least show up out of nowhere in here and try to show some human decency and respect. You're basically calling every person that has ever supported this project and idiot, all while you work SO hard to try and sound intelligent?!
Sure as the hell seems like a planned and collaborated attack to me, which if correct....makes you not only idiots yourselves.....but also indecent, disrespectful jerks!
I tried to help this coin.
What you really need to say is... "In 40 Years Solar Coin will Replace FIAT / Money / BitCoin!" Then only time will tell and that would be the only time SLR will work at all, when it doesn't leave the SLR economy as BitCoin.
Example of Solar Coin Model:
1. Own Solar Equipment= You Pay $ for your equipment lets say $20,000 and put it on your roof. (Who Made Who scenario since you could buy SLR and use SLR to buy Solar but you are buying with BitCoin, and if you don't own BitCoin you have to buy BitCoin with FIAT to pay for SLR and then use the SLR to buy the Solar Panels). This will be the same amount but take many more steps just to BUY your SLR coin. When people can just go BUY Solar Panels and Claim Credits.
2. Solar reduces your costs as it feeds back to the Grid= You save a percentage based on Output of your Solar Panels= ROI (Return On Investment) This is why you bought your Solar Panels in the first place. Since it costs money it must make money for you.
3. Claim your Credits of SLR= This doesn't matter what the amount is but whatever it is to be enough to entice people to claim them.
4. Claim creates More Coin vs Cost per coin creating less worth. If you have 33,000,000 coins at .00002345 and suddenly now there are 100,000,000 supply your market cap is lower not higher. This means each share you hold is worth less not more. But that is based on demand from buyers.
You can choose 3 options at this point 5A. 5B. 5C.
5A. Sell your claimed SLR to BitCoin and pay back some of your ROI on the solar panel purchase.
5B. Buy Something with the coins=Merchant transaction=Sells to BitCoin again.
5C. Hold your coin until you either sell it or buy something with it.
6. 5A and 5B causes sell off requires demand for people buying. 5C creates the same as 5A and 5B but waits to make the most bang for the buck.
Even if you gave away Solar Panels for people to buy them with SLR, the Merchants in your economy would be forced to Sell the SLR they accepted for their products going back to BitCoin to pay their employees or their rent.
Lets take that Island of 1,500 people as an example, they are solar powered, they have already paid for their Solar by Selling Stamps. Now you give them SLR for their Solar Output. They decide each person wants to buy Groceries with SLR. They take their SLR to the Grocer and the Grocer puts all the SLR that he gets into a Safe each day. Soon after a few months the Grocer owns all of the SLR but more gets generated each month. So the Grocer now takes all of that SLR too.
What does the Grocer do with all of this SLR? The people need food but they don't have to work to get the SLR so he can't even pay them SLR to get them to do anything for him. Yet the grocer still accepts SLR and in 40 years the grocer now holds the islands massive pool of generated SLR and decides to finally do something with the SLR. It is 98,000,000,000 total. The grocer tries to sell SLR to other countries, yet those countries say we can not order goods from your store since you are on an Island and costs to ship are high. But we will buy from you for .00000002 take it or leave it.
Well this angers the grocer, and the grocer says I gave all my food away for 40 years and you will only give me .00000002 per coin? No one else in the world gives the grocer a better offer so he takes it, anything is better than nothing. So the grocer now has enough money to buy the Sports Car of his dreams and a huge mansion on the hill. Finally this is what that guy y_virtual on BitCoinTalk.org was talking about!!! The Grocer is living the SLR Dream!!!
Now the country that bought the 98B SLR owns all of it, other than what is generated every month by claims. So they devise a plan, now that they own all of the SLR, where they can exploit the Islands natural resources. They took all of the debt from the Grocer and now buy all of his goods with the SLR being that it is the only currency he takes for the entire island. The Island panics as all of the food is gone!
To save costs the company that bought the 98B SLR just opens a huge warehouse on the island and raise the prices in SLR to sell products back to the island. They do this until they put the Grocer out of business and take over. The Grocer doesn't care either since he has a Mansion and Sports Car and he can also afford to buy food from the country who owns all the SLR. Now the costs of food are more than what the Islanders can generate about 10Million SLR for shaved ice and a fish taco. So the Country that put the Grocer out of business, puts the Islanders to work and pays them with the SLR he bought for .00000002. The Islanders are outraged! But they could starve so they go and work.
The Island is now forced to become industrialized and they need more power so they install Nuclear Reactors for Power to build military products and forge steel with huge foundries.
Suddenly all of the Islanders say forget it, we can just go back to selling stamps and they lick the problem once and for all.