Author

Topic: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments - page 608. (Read 775281 times)

full member
Activity: 126
Merit: 100
Many people have pointed out to me that the faucet is a very complicated way to for people to purchase Mrai.  Payment goes to people who are willing to wait for and click the captcha and in return they get the faucet payout for the amount they want.

People have recommended that rather than having a complex system we should simplify the way this is distributed and I think their advice is good.

The simplest way to get these out to people is to auction them in lots which for year 1 on the distribution schedule is 475k per day.  I'll conduct and auction thread on the RaiBlocks forum which will stay open for 24 hours after which I'll accept the 7 highest bids, no matter how low, and will send them each 1 lot.

In the next couple days we'll be releasing an OpenCL GPU module which will address several people's needs who need to generate higher volumes of transactions.  We're also working on making an ad-clearing server library for web pages for people to try on their sites.

The auction is conducted in this thread:
https://groups.google.com/forum/#!topic/raiblocks/h7u7b1lTgLE

thats crazy? thats the worst idea ever? turning Raiblock for a giveaway into an auction ICO (or am i missing something).

so from something of enormous potential straight to no more then the typical (illegal) ICO scam  Huh

i gotta have misread?



You have taught me one more point from the basics of crypto 101. Thanks again. Actually dev has put his long time efforts into FUD for now. This will go now for sometime. I need to learn a lot from the old members a lot. This seems I'm still a child in here.
legendary
Activity: 1876
Merit: 1000
It's pitty what this will turn into. I just don't understand why DEV would destroy coin like this with that dumb auction.
People actually investing their time and effort claiming coins is what gave it value in a way and spread awareness.
There's nothing that makes this special anymore after being auctioned for quick dev profit... so lame.

To be accurate, developing something for 2 year is a very slow loss rather than a quick profit.  Time value of money says it's better to do nothing than spend time of something that gets you nothing.


well if its about making money developing in crypto aint for you. for a crypto to genuinely be successful dev has to let go of thing of a return money wise. and more create something of value.

almost 99% of the crypto community is heading down a path that would have you kicked off this forum and lablelled a scammer by the community in the early days.

added to that there is so many legal issue this community is completely ignorant of, and often think things are ok because its been the wild west and the law hasn't fulltime clean up this place.

you do the real reason satoshi went anon? (and that was with something that wasn't an ICO).
hero member
Activity: 924
Merit: 1000
Where are the btcs go? Is this an ICO without stating any ICO announcement? How many people did participate in the discussion and agree to take part in the discussion before you decide to do this. What will happen to the future auctions, if this coin hits an exchange? Or do you have plan to not list in exchanges until all auctions are over? If first day auction goes for good price, do you put a minimum bid for the second day auction.

As you're auctioning this coin, you're no longer going to give free coins for the community? How long will it take for the auction winners to realize their profit?

+100000000

some dumb cheerleader never come to this kinda of logic thinking.

man, your will piss off the dumb cheer leader.

..........



Lets try and get an actual discussion going between people in this thread, not complaining about how such and such a method is bad, but what the best alternative would be , something that the most people here would agree to and propose that to the dev


grow the fuck up please
legendary
Activity: 1330
Merit: 1000
Where are the btcs go? Is this an ICO without stating any ICO announcement? How many people did participate in the discussion and agree to take part in the discussion before you decide to do this. What will happen to the future auctions, if this coin hits an exchange? Or do you have plan to not list in exchanges until all auctions are over? If first day auction goes for good price, do you put a minimum bid for the second day auction.

As you're auctioning this coin, you're no longer going to give free coins for the community? How long will it take for the auction winners to realize their profit?

+100000000

some dumb cheerleader never come to this kinda of logic thinking.

man, your will piss off the dumb cheer leader.
full member
Activity: 238
Merit: 122
It's pitty what this will turn into. I just don't understand why DEV would destroy coin like this with that dumb auction.
People actually investing their time and effort claiming coins is what gave it value in a way and spread awareness.
There's nothing that makes this special anymore after being auctioned for quick dev profit... so lame.

To be accurate, developing something for 2 year is a very slow loss rather than a quick profit.  Time value of money says it's better to do nothing than spend time of something that gets you nothing.

this what ure doing now is motivated only by desire to quick profit. imho you're making a mistake.
why not just place ads on site and earn revenue from it, there was some insane traffic lately and i think it would continue for a long time.
much better option than to just kill the project with one move.

I know I can't convince people of this though the point of the auction isn't for me to get paid, it's to distribute them in a manor that requires the least effort and has low skepticism.  Even with the faucet people were pointing out that it could be unfair because there's no way to prove we're not funneling out of the faucet through shell accounts.

I would be perfectly happy buying them on the open market but that's not the situation we're in, to my dismay.
full member
Activity: 126
Merit: 100
Where are the btcs go? Is this an ICO without stating any ICO announcement? How many people did participate in the discussion and agree to take part in the discussion before you decide to do this. What will happen to the future auctions, if this coin hits an exchange? Or do you have plan to not list in exchanges until all auctions are over? If first day auction goes for good price, do you put a minimum bid for the second day auction.

As you're auctioning this coin, you're no longer going to give free coins for the community? How long will it take for the auction winners to realize their profit?

jibble: Are you closing your buy sell thread until this auction ends? Because I have seen none of the coins host an exchange until coins are distributed by auctioning/ICO/IPO finishes. If yes, then you have to wait a long to start your buy/sell thread again.
hero member
Activity: 924
Merit: 1000

and some dumbass stick his head right into dev's ass.


bid auction is the most stupid distribution ever.





funny thing is i was talking with the dev in pm about perhaps putting the faucet back up and discussing a way to make it less manipulated and easy , but its his coin, it's his choice, i aint gonna act like a cry baby because of what he decides about his own project


can you stop acting like some 5 year old that has pissed all over himself for a bit? just a bit you can continue being a moron later if you so desire


Lets try and get an actual discussion going between people in this thread, not complaining about how such and such a method is bad, but what the best alternative would be , something that the most people here would agree to and propose that to the dev
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
It's pitty what this will turn into. I just don't understand why DEV would destroy coin like this with that dumb auction.
People actually investing their time and effort claiming coins is what gave it value in a way and spread awareness.
There's nothing that makes this special anymore after being auctioned for quick dev profit... so lame.

To be accurate, developing something for 2 year is a very slow loss rather than a quick profit.  Time value of money says it's better to do nothing than spend time of something that gets you nothing.

this what ure doing now is motivated only by desire to quick profit. imho you're making a mistake.
why not just place ads on site and earn revenue from it, there was some insane traffic lately and i think it would continue for a long time.
much better option than to just kill the project with one move.
hero member
Activity: 924
Merit: 1000
Hey.. DEV

Why dont you put back the faucet distribution online again...

It's get more conflict here... Grin

funny thing is i was talking with the dev in pm about perhaps putting the faucet back up and discussing a way to make it less manipulated and easy , but its his coin, it's his choice, i aint gonna act like a cry baby because of what he decides about his own project

Yes i agree with you man..

But i'm so enjoying solving captcha and make money..

But its turn 180 degree when this coin lot of interest..

Thats i dont like..


yeah its disappointing to some, some are upset, some people are sitting in their own shit screaming and crying about the decision   Cheesy

but most people are thinking about themselves , "i can no longer claim these free coins and get my free money"

I am more concerned for the health of the coin and its development into the future , With what was going on there was quite a few people hiring small armies to claim coins for them, now i should add , some where doing so honestly and some were doing it to lie and get extr money quick, but that effect that happened wasn't good for the longevity of the coin , so while i am also disappointed about the faucet , the coins longevity and continued existence and development is more important.

The fact of the matter is , the dev is in charge of his own coin and it's his decision what he wants to do , i don't completely agree with it but i am not going to aggressively complain about it , attacking and insulting and claiming shit that just aint true . I will sit back and relax, see what happens in the next week or so , if there is something that goes wrong , then suggest perhaps something else .


The thing is , if everyone on this thread got together and spoke in a normal manner to each other , discussed the pro's and con's of each implementation , created a dialogue of what would make the most amount of people happy or at least not as upset , while having the thought of the continued existence of the coin as the main driving force of those decisions , he is a good enough person to look at those ideas and look at maybe implementing them , but a majority of people came on here screaming and crying cos they can no longer get free monies  
legendary
Activity: 1526
Merit: 1000
the grandpa of cryptos
where is windows wallet or exchange ?
full member
Activity: 238
Merit: 122
It's pitty what this will turn into. I just don't understand why DEV would destroy coin like this with that dumb auction.
People actually investing their time and effort claiming coins is what gave it value in a way and spread awareness.
There's nothing that makes this special anymore after being auctioned for quick dev profit... so lame.

To be accurate, developing something for 2 year is a very slow loss rather than a quick profit.  Time value of money says it's better to do nothing than spend time of something that gets you nothing.
legendary
Activity: 1330
Merit: 1000
It's pitty what this will turn into. I just don't understand why DEV would destroy coin like this with that dumb auction.
People actually investing their time and effort claiming coins is what gave it value in a way and spread awareness.
There's nothing that makes this special anymore after being auctioned for quick dev profit... so lame.

and some dumbass stick his head right into dev's ass.


bid auction is the most stupid distribution ever.


legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
It's pitty what this will turn into. I just don't understand why DEV would destroy coin like this with that dumb auction.
People actually investing their time and effort claiming coins is what gave it value in a way and spread awareness.
There's nothing that makes this special anymore after being auctioned for quick dev profit... so lame.
sr. member
Activity: 297
Merit: 250
Hey.. DEV

Why dont you put back the faucet distribution online again...

It's get more conflict here... Grin

funny thing is i was talking with the dev in pm about perhaps putting the faucet back up and discussing a way to make it less manipulated and easy , but its his coin, it's his choice, i aint gonna act like a cry baby because of what he decides about his own project

Yes i agree with you man..

But i'm so enjoying solving captcha and make money..

But its turn 180 degree when this coin lot of interest..

Thats i dont like..
legendary
Activity: 1330
Merit: 1000


where did you find it and how long ago?

was it when you were trying to stick your head up your own ass?

long before you sticked your head into dev's ass.
hero member
Activity: 924
Merit: 1000


you are either stupid or one of greed dev group.

no i just understand market mechanics more than you , you dumb fuck.


fucktard.  I find your stupidity long time ago.



where did you find it and how long ago?

was it when you were trying to stick your head up your own ass?
hero member
Activity: 924
Merit: 1000
Hey.. DEV

Why dont you put back the faucet distribution online again...

It's get more conflict here... Grin

funny thing is i was talking with the dev in pm about perhaps putting the faucet back up and discussing a way to make it less manipulated and easy , but its his coin, it's his choice, i aint gonna act like a cry baby because of what he decides about his own project
legendary
Activity: 1330
Merit: 1000


you are either stupid or one of greed dev group.

no i just understand market mechanics more than you , you dumb fuck.


fucktard.  I find your stupidity long time ago.

sr. member
Activity: 297
Merit: 250
Hey.. DEV

Why dont you put back the faucet distribution online again...

It's get more conflict here... Grin
Jump to: