Topic: [ANN][TFS] TwentyFourSeven ★ 24x7Coin ★ Launched Sun 30 March 2014 ★ POOL ★ (Read 5148 times)

From the look of it, The Dev doesn't seem to believe the coin itself. How could you success and gain the trust from people if Dev lazy like a pig and dream big fantasy being instant rich?

This coin is gaining fast on votes.

Better mine some regardless of it's specs or criticism.

ok you are trying to overrate TFS at this early point.
TFS is not on exchange yet, being on cryptsy is far away...and their autosell option
most exch. doesnt support autosell (mint,poloniex, swisscex)
so miner spends at some price, when we spot that, only then can we sell  (in between there is also transffer time )
and then we get BTC which we can sadly not sell on same exchange to EUR . so transffer to Bitstamp and then withdraw to bank acc.(again costs) and only then buy new stock..
or you think we will hold funds on exchanges ? and wait to get goxed ? dream on .
so very complex story behind simple sell .
that is why prices in altcoin shops are pretty high - because off all above risks involved.

keep dreaming about 0-1 % reserve - you can try that..I bet you will fail in month.
Doge is not our priority-not sure if it will stay there..

2) I don't understand this reply of yours. Once you receive orders, you sell the TFS without delay. What does this have to do with big investors and holders?

3) Yes, that's what I'm talking about; suppose some things costs €10; going through the exchange process -- TFS -> BTC -> €, TFS -> BTC -> $ -> €, TFS -> € or whatever, you'll set the product's price. So if this's what you want to do, why do you want to reserve 10%? Since there're no losses in this method. The loss is borne by the buyer and fluctuating prices really doesn't matter, since the product prices will change every 5 minutes or something.

In order to ensure that you're not a scam, can someone from the eurozone buy something with DOGE from that website?


Why don't you advertise your website to DOGE holders and developers?

I was having idea about IPO and put all money into stock supply and fixed prices (didnt work - no one take seriously)
then I put over 600 EUR in stock supply (articles now on shop) and tie TFS price to DOGE prices which is gamble - didnt work either no one wants to sell at this prices.
so prices should be lower -but with no exchange I can not lower prices.

2. at this point auto sell is not option for new alts-then exchange or whales will control prices with huge bid/ask spreads.- one of reason that we made only 525600 coins is that we avoid 40 % spreads in future (many if not all altcoin will come to 2-3 satoshi - being 40 % bid/ask spreads whish is insane)

3. tie shop prices to 2 variables is something i dont imagine. solution would be EUR fixed prices and then exchange variable BTC/TFS , but you have also BTC/USD variable and on end EUR/USD.

You are right - coin dev. can not be done much better than Litecoin clone is (so our focus is not there doing hocus-pocus)

we are concepted like Ebay-coin will be (just that ebay coin will have something like 99 % premine (like Ripple) and then swapping on exchange connected to paypal USD-EUR.but they will control price 100 % (example buy 0,95-sell 1,00 USD fixed). this is how I see Ebay-coin in next few months. and for sure not like BTC mining etc.

which we cant do with 20 % premine -and only if you truly understand our concept then you understand 20 % is not much - with lowering to 10 % premine will look really small.

believe me I have calculated a lot how this could be worked out long term -it is not that easy since we have 3 variables (2 very volatile) . BTC/TFS price, BTC/USD price and EUR/USD price+exchange to bank acc. ,
if reserve is at 10 % then at some point prices will be higher we sell 4 % and put into BTC and EUR reserve - and when prices are low we buy buck to get at 10 % . when price stabilise this is no longer needed. same thing company does with stock reserve if you understand real world.
but like I have seen so far - people "community" are not at this point ready now . guess we will have to wait Ebay-coin to this concept work.

copycats will then follow with crowd and pump. - but you can see my time-stamp 23th March !

So the premine is to reduce the loss that you incur cause of price instability, or a crash.

But this's not going to help you cover the losses for long. Just initially. So what are the long time plans for such losses?

Why not link the prices of the good to they exchange, so they vary by time depending on the prices in the exchange? And when someone buys something, sell the TFS at the same time.

Why not sell the coins at a high price to ensure that you'll not go through the loss and instead profit?

Can't these solutions not be seen as an alternative to premine?

Also it's not always about money, it's about good design also.

For e.g. most of the coins that I've predicted to be a success are a success unless the dev's gone missing. You can see UnionCoin as the most prominent e.g. although the design is kind of unstable, but compared to other alts, it's irons out a lot of flaws in them, as a result it's support is fantastic. And it never even had a dev. But it failed to come to an exchange probably cause of it's unsuitability.

The striking feature of this coins does not lie in the wallet and it's design -- it lies on that e-commerce website that has been launched. If this doesn't turn out to be a scam, this's a major leap in the altcoin market and even the e-commerce industry.

This gives pointer in the future to things like 'ebay coin', Amazon coin, newegg coin -- and we already have cryptsy points.

Most of these will be based on ideas of this crypto.

reserve will be maintain at 10 % app. (compare that to stock reserve of serious company-it is always in this range 5-10 %)

now it is below. 20 % . 10000 is/will be given away at other forum/you can check there.
so 2 % were given away in 5 days-we plan to give even more away when price stabilize at exch. to achieve 10 %.

if premine would be at 1 % which is bullshit for any coin that claim to have fair operation  - how can we survive day x for example ?
BTC drops for 15-20 % (we have seen it last days) , and price of TFS drops for 30 % (this is ussually bid/ask spread by new-alts)  , who can /will cover loss then ? 1 % premine can eats that up in hours.
donations ? or just close doors and say, sorry we were not calculating right - chapter 11
 or someone think that we can just adjust prices like every 2 hours)

- anyone can create pump boom with following - one class (like 30 of them) of 15year kids create coin, one create website, other coin, third nice design and others are reg. for pumping reason or "community"
one post and others reply like chickens - and crowd follows - what will this coin be in 2 months (we have seen it before so no reason to reply) and we will see this in future (chances to succed is like maybe 1 % (Doge is one of 100 we must agree and its succes came mainly from GIVEAWAY ).
and yes with this kind of "community" we have even below 1 % chances.

but people dont get - someone to make profit there must be equal ammount others that made lost (if shop this is only marginal lost since we all have to live and buy somewhere), but if pump is case - no other option. period - remember for life.

PS: I was just getting offer for 0,25 BTC just if we want second poll = more money.
small exchange costs about 0,5 BTC - big app. 5 BTC
where to take ? from my pocket that people will talk about premine.
Yes pump came only from money money money .
- that is reallity behind doors. -

I don't get the reasoning for your 21% premine. If there was like 1% premine -- it would've been a hit no doubt, but with 21% there's always a doubt.

So what's 'company operations'? And why the 'reserve'?

And lets not talk about your previous experience since you don't have a proof of that.

no IPo money collected , no plan pumping = no exchange since they only care about money money money = BTC
or another question , where should we take money for mouse pad, from tree ? from my pocket ? write to santa clauss ?
wait till exchange and then prices on shop will reflect true values.

So in order to buy that mousepad, I need to shell out around 1% of all TFS.

Seems like you don't want anyone to buy things form that site -- It's very clear.

"dont like us ? walk forward and dont look back. It is as easy as that."

ya really might want to remove that from your OP man.
not a good look.
Just saying!

Pool open :
http://tfs.crypto-hamsters.com

For this it should be unziped into roaming map.
now your data is where you have unziped file and run wallet.

where is the coindata saved on win? i cant find anything in Roaming lol

premine can work if done right: fully transparent.

Effort goes to by far more important things-usage of coin like live shop at launch-when was this last time seen ? yeah right, NEVER
by the way. you better stick to great dev team behind AUR,PND, SPA, and lately BC..goo goo to da moon go pump some more ...

we aint pumpers and wil not be pumpers..will not invest BTC into pump - NEVER ..and we wont cover hot water in coin dev. since it is not possible. our coin is pure Litecoin clone. and for things we need (shop operations) is good.

only time will tell what some can do in 2 months with AUR,PND,SPA, BC and what with TFS..

guess our moto should be : bad start good finish

for people asking about giveaway. ther will be some giveaway on other forums (here I think is not allowed)

This is by far the worst launch I've seen in a while. Not only the premine but it will compile as litecoind & litecoin-qt, no nodes set up etc. Why the effort "devs"? Failed at day one.

Mined some blocks. Will see if this coin survive.

no exchange yet. we have set prices at DOGE prices. this much it must be worth.
it is up to miners if they want to spend or hold.
 
anyway , people calling us scammers before launch (see red poster above) - it is way to cheap I guess.

On website:

Jumbo playing cards
TFS 5,999

Total Coins
525600

All your coins costs about 87 playing cards?