So we should start with the creation of a guide booklet that can lay out guidelines about what it is, and help to onload people into biblepay, explain good security and backup practices, help them understand how running the wallet helps orphans, and distribute that to churches. This is first and foremost a charity. I don't think Christians are early adopters in cryptocurrencies: many of the coins out there are for anything but charity.
I agree with you. Unfortunately 'Rob' (ironic name for running a charity) has indicated that the 10% to charities will end after the masternode sale event. He also stated he will withdraw and let the thing run on it own.
Not much can be known who 'Rob' is. The dns records for bibleplay.org are private. Most likely not his real name. The supposed charity statements (easily photoshoped) have no addition clue. You are going to give $1200 to some random dude who hides behind the web? Thats a christian business man?
'Rob' will never ever reveal who he is because thats not how pump and dumps work. You have to generate interest, miner buy in, and then sell them the overpriced and blasphemous 'sancturies' to cash out big by xmas time
This operation is using the Bible and Christ's name to profit. plain and simple
You will know them by their fruit.
I haven't seen where he has indicated that 10% to charities ends after the masternodes start. The voting right now is for 10% to charities and some other percent to PR and IT. There is even some possible set aside for Pay to Preach, to pay preachers. The masternodes become instantiated; there isn't a specified sale event. Second, if this was a pump and dump, I haven't seen where there was a premine or a massive witholding of coins to keep for future sales. Also, if it is a pump and dump you wouldn't have an effusion rate that works out to be a million coins a day with a total of 5 billion coins eventually over a long time. A pump would have a limited supply to begin with. This is built to grow over time and so people can get masternodes with a reasonable investment. I hope at some point for those of us in the north Texas area, we can have a meet up and also work on PR together.
Actually, with 1M per day effusion rate, it is keeping a pretty good lid on price appreciation. Look at the order imbalance on c-cex.com. There are a few buy orders but not that many. The amount of sell orders is much larger and stacked. This coin will need some pretty good PR to generate some interest and either buy through those sell orders or get them pulled. This is nowhere near a pump and dump right now.
