put 80% for free faucet. and make it fast.
you can keep 20% for dev fund.
or
make it in traditional ICO mode.
the daily auction last one year is bullshit.
Topic: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments - page 610. (Read 775281 times)
no not you, there where others that were claiming they where the owner of the faucet and they where "fixing the problem" themselves
you did it honestly, i am not included you in that description
you did it honestly, i am not included you in that description
Thank you. I feel that hiring captcha solvers was just following its natural course, and if anything it actually raises awareness. A lot of the folks I hired, actually want to keep some Mrai for themselves, so I view this as a positive, because it's showing people there are more interesting rewards out there. I have a queue of 100 people all waiting to be hired, and I believe, eventually most will decide to keep good chunk of Mrai for themselves.
If we have the auction, I may not bother with the captcha solvers. But I think it's a mistake to kill the faucet altogether.
Yeah i understand , there are a few people i have talked to that have asked for help and have specifically stated that their problem is they cannot run the wallet on their computer so they cannot do it themselves and i pointed them in the direction of the most honest threads offering the service i am not completely against the service myself .
I think that there is some golden ratio that can be achieved to lower the incentive of so mny faucet solvers solving the faucet and perhaps keeping some aspect of the faucet open if discussion were to take place, i just honestly think currently the dev has spent like 3-5 days instead of improving and upgrading the code of the coin being stuck for 8-10 hours a day trying to solve this captcha problem of mass accumulation over loading of servers and massive amounts of msgs and complaints when the faucet isn't functioning and has gone for what he seems as the most productive way to distribute coins and allow himself to further progress the coin .
Depending on public opinion in the next few days he might have another think about it and think of a different way to deal with it, if this method ends up being bad or worse than before , some people think it might end up being , i honestly don't think its super bad, but its simple and takes a huge work load off the dev .
A mixture of auctions , IPO of a specific amount of coins and a very low paying faucet , would be a good combination , allowing people to test the service withmicro transactions, people allowing to buy and speculate and perhaps pick a few up cheap in an auction week when someone doesn't notice it , and also distribute the coins in the ipo and spread the coin and raise some funds .
but the amount of effort required for a 3 pronged approach would be even more work than the last 3-5 days he has done
To clarify an auction covers 1 week and I'll send out the first 7 days tomorrow.
? what do you mean by 7 days?
To distribute 50% in year one we need to push out 475k per day. 7 lots of 475k is 1 week and we'll do another 7 next week.
what if RAI hit exchanges during distribution?
We'll continue the auction, no matter how low people bid.
believe me your plan won't work!
To clarify an auction covers 1 week and I'll send out the first 7 days tomorrow.
? what do you mean by 7 days?
To distribute 50% in year one we need to push out 475k per day. 7 lots of 475k is 1 week and we'll do another 7 next week.
what if RAI hit exchanges during distribution?
We'll continue the auction, no matter how low people bid.
To clarify an auction covers 1 week and I'll send out the first 7 days tomorrow.
? what do you mean by 7 days?
To distribute 50% in year one we need to push out 475k per day. 7 lots of 475k is 1 week and we'll do another 7 next week.
what if RAI hit exchanges during distribution?
To clarify an auction covers 1 week and I'll send out the first 7 days tomorrow.
? what do you mean by 7 days?
To distribute 50% in year one we need to push out 475k per day. 7 lots of 475k is 1 week and we'll do another 7 next week.
To clarify an auction covers 1 week and I'll send out the first 7 days tomorrow.
? what do you mean by 7 days?
no not you, there where others that were claiming they where the owner of the faucet and they where "fixing the problem" themselves
you did it honestly, i am not included you in that description
you did it honestly, i am not included you in that description
Thank you. I feel that hiring captcha solvers was just following its natural course, and if anything it actually raises awareness. A lot of the folks I hired, actually want to keep some Mrai for themselves, so I view this as a positive, because it's showing people there are more interesting rewards out there. I have a queue of 100 people all waiting to be hired, and I believe, eventually most will decide to keep good chunk of Mrai for themselves.
If we have the auction, I may not bother with the captcha solvers. But I think it's a mistake to kill the faucet altogether.
i think just start the captcha and make limit /day.
To clarify an auction covers 1 week and I'll send out the first 7 days tomorrow.
or make 500 XRB one time with 1 minutes interval.
all 80% open for distribution. to speed up the procedure.
20% reserve for dev.
I think we can save pain and time in this way to finish distribution as soon as possible.
leave the market to decide who will hold or dump.
all 80% open for distribution. to speed up the procedure.
20% reserve for dev.
I think we can save pain and time in this way to finish distribution as soon as possible.
leave the market to decide who will hold or dump.
money will go to the dev instead of people lying and cheating newbie members of the forum 
Lying and cheating? dafuq are you on? If you are referring to me hiring people I do take offense to your terminology.
People were happy doing captchas for me, as they didn't want to install wallet at all. In fact I was paying 10x the going rate for solving captchas.
Where is the lying or cheating part? I've been upfront about everything and I even told people they should keep some Mrai for themselves. If anything I actually raised a LOT of awareness of Mrai.
no not you, there where others that were claiming they where the owner of the faucet and they where "fixing the problem" themselves
you did it honestly, i am not included you in that description
1 year IPO?
Bad idea.It extremely waste time and lots of human resources.
I need to bid a price day by day.
It dont think this is a fair distribution.
Bad idea.It extremely waste time and lots of human resources.
I need to bid a price day by day.
It dont think this is a fair distribution.
Yup, I agree. If it was combination of both faucet and auction, I'd be OK. But removing the faucet is removing the most interesting thing going for it - allows anyone in a poor country to scoop some Mrai.
1 year IPO?
Bad idea.It extremely waste time and lots of human resources.
I need to bid a price day by day.
It dont think this is a fair distribution.
Bad idea.It extremely waste time and lots of human resources.
I need to bid a price day by day.
It dont think this is a fair distribution.
money will go to the dev instead of people lying and cheating newbie members of the forum
Lying and cheating? dafuq are you on? If you are referring to me hiring people I do take offense to your terminology.
People were happy doing captchas for me, as they didn't want to install wallet at all. In fact I was paying 10x the going rate for solving captchas.
Where is the lying or cheating part? I've been upfront about everything and I even told people they should keep some Mrai for themselves. If anything I actually raised a LOT of awareness of Mrai.
Everyone can make every argument for the dev deserves funds, been around this community years heard very angle every debate.
but its opensource p2p currency, based on the principles of being an alternative to the fiat money makers taking their cut, whole point of crypto is to avoid this, but this is always lost on the in crypto to make $$$ crowd.
plus ICOs are illegal (though there is a crowd funding way in certain countries to legal do them now).
but its opensource p2p currency, based on the principles of being an alternative to the fiat money makers taking their cut, whole point of crypto is to avoid this, but this is always lost on the in crypto to make $$$ crowd.
plus ICOs are illegal (though there is a crowd funding way in certain countries to legal do them now).
the whole point of a decentralized crypto currency is equal fair distribution , not 5 people hiring armies to collect a large majority of the currency to profit off of
Now what will change? 7 people who has got money, will bid the highest prices and get everyday. Same 7 people.
money will go to the dev instead of people lying and cheating newbie members of the forum
Everyone can make every argument for the dev deserves funds, been around this community years heard very angle every debate.
but its opensource p2p currency, based on the principles of being an alternative to the fiat money makers taking their cut, whole point of crypto is to avoid this, but this is always lost on the in crypto to make $$$ crowd.
plus ICOs are illegal (though there is a crowd funding way in certain countries to legal do them now).
but its opensource p2p currency, based on the principles of being an alternative to the fiat money makers taking their cut, whole point of crypto is to avoid this, but this is always lost on the in crypto to make $$$ crowd.
plus ICOs are illegal (though there is a crowd funding way in certain countries to legal do them now).
the whole point of a decentralized crypto currency is equal fair distribution , not 5 people hiring armies to collect a large majority of the currency to profit off of
Now what will change? 7 people who has got money, will bid the highest prices and get everyday. Same 7 people.
Everyone can make every argument for the dev deserves funds, been around this community years heard very angle every debate.
but its opensource p2p currency, based on the principles of being an alternative to the fiat money makers taking their cut, whole point of crypto is to avoid this, but this is always lost on the in crypto to make $$$ crowd.
plus ICOs are illegal (though there is a crowd funding way in certain countries to legal do them now).
but its opensource p2p currency, based on the principles of being an alternative to the fiat money makers taking their cut, whole point of crypto is to avoid this, but this is always lost on the in crypto to make $$$ crowd.
plus ICOs are illegal (though there is a crowd funding way in certain countries to legal do them now).
the whole point of a decentralized crypto currency is equal fair distribution to avoid manipulation , not 5 people hiring armies to collect a large majority of the currency to profit off of and manipulate
This is the worst way for distribution!
just start captcha again and when 475K/per day distributed, turn off the faucet. but show us a counter or something on site, so we can see when 475k complete.
go to service section on bitcointalk. some users was recruiting people for solving captchas and making their own farm and paying people with a nice fee.
i thinks that was a very good idea! make coin alive and useful.
Can you set a poll in this topic? let's user decide .
just start captcha again and when 475K/per day distributed, turn off the faucet. but show us a counter or something on site, so we can see when 475k complete.
go to service section on bitcointalk. some users was recruiting people for solving captchas and making their own farm and paying people with a nice fee.
i thinks that was a very good idea! make coin alive and useful.
Can you set a poll in this topic? let's user decide .
yes im agree with this
make it ICO and save dev from distribution labor.
dev should focus on R&D
dev should focus on R&D
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