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Topic: [CENT] Pennies relaunched - page 18. (Read 114997 times)

hero member
Activity: 620
Merit: 500
September 22, 2015, 09:54:16 AM

Let's see if we understand (google translator does not help very well).
If the total supply is good and works perfectly currency must not change anything, you just need a good promotion and try to make the people adopt.
What we intend to do is to throw BitCents and whoever wants to exchange CENTs by BitCents voluntarily without touching the blockchain CENT or exchange would be mandatory?


If the total supply is good and works perfectly currency must not change anything, you just need a good promotion and try to make the people adopt.

Yes, adoption is not on a coin by coin basis but in crypto in general. What is needed are;

1) rebrand to BitDollars / BitCents - CENT is purely a code for exchanges, you could call each unit of currency chickens if you want and still have CENT as an exchange moniker.
2) leave the current amount of coins as it is.
3) update the wallets with new interface and design.
4) create android / ios wallets for easy mobile use.

What we intend to do is to throw BitCents and whoever wants to exchange CENTs by BitCents voluntarily without touching the blockchain CENT or exchange would be mandatory?

There is no exchange from CENT to BitCents. CENT stays the same on exchanges, its the wallet UI and brand that needs to be updated. The blockchain stays the same - its not a hard fork (unless we change the maximum coins or the POS amount).

Although, in order to be useful in future the source does need updated to include something useful such as;

a) barcode scanning
b) product history tracking
c) gps transaction
d) some other tech

Whilst crypto is anonymous, there is always something called "reasonable suspicion" whereby any country can get a warrant to inspect your digital currencies/blockchains. Remember recording data on the blockchain can prevent you getting into trouble just as much as it can get you in to trouble.

CENT must have one or more USP (unique selling point)

- e.g. adoption by one or more major corporate/commercial/government/financial entities
- a trusted global brand that makes it stand out from every other digital currency
- features that are useful to consumers and business

DID YOU KNOW?

In 10 years time if CENT POS remains at 0% there will be more TEK in circulation than CENT? (I think in 3 years time TEK will be increasing at a rate of 1 billion per month+ )

The major problem that the world faces is central government and bankings "creation of dependence" on a national currency, given in any one nation the laws of competition means that one corporation cannot dominate the marketplace - the fact is all money comes from one place in the UK - the Queen/Bank of England - this is termed as a monopoly (regardless of how many banks there are distributing it), which could also be deemed as a pyramid scheme or a ponzi scheme and therefore would be illegal by its very nature.

Crypto attends to this by redistributing all world money into the hands of billions of people, that is why the banks and governments will ultimately try and stop it or create their own "unit of dependency".

Anyway that's my thoughts - MONEY IS SLAVERY.....




Some of the things you mention sound pretty good.
I do not agree to leave the POS to 0%, the POS interest currently stands at just 1% and considering that many people do not mine, it is likely that the annual increase of coins to be around 0.5%.
I think it's looking for a problem where none exists, especially considering breaking CENT came prompted by changing the crazy POS and secure in that 1%.
The very creator of the coin (Shakezula) left incapable currency fix that POS, because being an indivisible currency (according to the very complicated era change), then it was decided by the new DEV The_Catman that was able to fix the problem POS, but the portfolio still had synchronization problems and also left.
Rozu finally arrived and solved all the problems and since then (more than a year and a half ago), everything works perfectly.
I mean by this, that if two prestigious programmers had problems with that, it seems inappropriate to touch the POS 1%.
I think the main problem with this coin passes not know how many are in circulation.
It occurs to me any idea to fix that and then apply all the improvements that the community sees fit.
Of course the new equipment among which I include (I think it'd be a great public relations), must win a% for the work.
hero member
Activity: 620
Merit: 500
September 22, 2015, 09:27:18 AM
wallet-qt 0.10.3.5 no sync , node Huh?

Try these although I have 14 active connections without config file.

https://bitcointalksearch.org/topic/m.12134540
sr. member
Activity: 278
Merit: 250
September 22, 2015, 07:54:02 AM
wallet-qt 0.10.3.5 no sync , node Huh?
hero member
Activity: 1498
Merit: 506
September 22, 2015, 03:31:57 AM
This post was inappropriate and posted during a time of personal and mental health issues, sorry.

hero member
Activity: 620
Merit: 500
September 21, 2015, 09:08:50 AM
What billions of coins lost in the fork? Those surely should be centralised in the foundation??

[/quote]



If the percentage of lost coins is reasonable, that paracer like a good idea, as long as control is transparent.
hero member
Activity: 620
Merit: 500
September 21, 2015, 09:03:46 AM

If your theory to defend the TotalMoneySupply CENT is not excessive is based on comparison with the amount of dollars circulating and would give it a market capitalization of 495,175,772,783 dollars, just it seems a utopia.
I firmly believe that needs a reduction CENT 1/500 or 1/1000.
The question is how to do it without the billions of coins lost in the fork of 2013 falling into the hands of the new DEV, which could overturn them and lead to CENT.

Hello, it's far from utopia.

If you reduce the amount in circulation (increase the short term value) then just like banks at a later date you will have to do quantitative easing (also known as proof of stake) this will reduce the unit value for additional investors which to be honest is why all POS coins with a POS value greater than their adoption will potentially devalue to zero. Its important to understand economics, not look at coin count.

I disagree that CENT should be reduced, I am also happy that the POS is 0% to retain unit value.

What billions of coins lost in the fork? Those surely should be centralised in the foundation??


Let's see if we understand (google translator does not help very well).
If the total supply is good and works perfectly currency must not change anything, you just need a good promotion and try to make the people adopt.
What we intend to do is to throw BitCents and whoever wants to exchange CENTs by BitCents voluntarily without touching the blockchain CENT or exchange would be mandatory?
hero member
Activity: 1498
Merit: 506
September 21, 2015, 03:24:13 AM

If your theory to defend the TotalMoneySupply CENT is not excessive is based on comparison with the amount of dollars circulating and would give it a market capitalization of 495,175,772,783 dollars, just it seems a utopia.
I firmly believe that needs a reduction CENT 1/500 or 1/1000.
The question is how to do it without the billions of coins lost in the fork of 2013 falling into the hands of the new DEV, which could overturn them and lead to CENT.

Hello, it's far from utopia.

If you reduce the amount in circulation (increase the short term value) then just like banks at a later date you will have to do quantitative easing (also known as proof of stake) this will reduce the unit value for additional investors which to be honest is why all POS coins with a POS value greater than their adoption will potentially devalue to zero. Its important to understand economics, not look at coin count.

I disagree that CENT should be reduced, I am also happy that the POS is 0% to retain unit value.

What billions of coins lost in the fork? Those surely should be centralised in the foundation??
hero member
Activity: 620
Merit: 500
September 20, 2015, 05:06:15 PM

The old "lets make a roadmap" scam is it?

Not to worry, look lets take this digital currency over and develop it?

Of course it is. Rex's already done it with some other high-numbered shitcoins, why not do it with the most broken shitcoin? Who do you think bought all those cheap CENTs before announcing a "Takeover and Overhaul" which will in reality be a new logo, a new list of vapourware features, and a new exchange to dump his stash on?

What makes you think we're going to allow three newcomers to the cryptography from taking a coin with more than 2 years in the market ??
NOBODY IS GOING TO EMPOWER MY CENTs WITHOUT A HIGH CONSENSUS OF THE COMMUNITY!!!!

Blah Blah Blah!!! What else??? Felling better?

REX,

Before going criticizing, Expose your intentions on what should be done with the money, considering that works perfectly.
hero member
Activity: 620
Merit: 500
September 20, 2015, 05:03:12 PM
Anyway back to CENT! Let us form a "working group" with equality, one person one vote, to start taking forward CENT.

There is sufficient liquidity in CENT for any federal adoption, or the adoption of a chosen digital currency by one or more countries, this should be a working model, that "BitDollars" formed by units of 100 "BitCents" should be a global unit of transaction without all the unnecessary divisibility (of course divisibility can also be introduced at any time).

Who says yes?


It sounds good to create a working group.
CENT The main problem is excess currency (currently 49,517,573,469,348) which makes it impossible to quote against BTC.
Its main feature is its indivisibility, that's what he did at launch many people invest in this currency (in late 2013 was in volume leader in Cryptsy until it broke).
Without that feature this coin would have died long ago.

Hi, yes sounds good.
How is 49,517,573,469,348 excess currency? Theoretically that is only $495,175,734,693.48 ($495 billion) based on each CENT being worth the same as a USD Cent.
Given that the US economy alone has distributed $17-19 trillion dollars in total, the distribution of CENT is only 1/34 of the total USD distribution to absorb.

CENT can afford to increase 20 times before it absorbs all USD in circulation (including land and property).

Given that the US (inc Canada and Mexico) is approximately 450 million, 1/14th of the global population, that would indicate a global financial sum of around $238 TRILLION to absorb!!

Bitcoin has not got a hope in hell of absorbing that amount of money, its divisibility is too complex for human mathematics - however CENT (BitDollar/BitCents) is perfect!

The fact that CENT has ZERO POS reward means that we can always maintain the value of CENT in the future simply by adjusting POS for periods of time, that is PERFECT for financial institutions to deliver "quantatitive easing" indirectly to the populous via digital currency.

I would suggest leaving everything as it is just now, it works, no fixes, but we should work on a formal roadmap and look to create the "BitDollars / BitCents" brand to take CENT as a global alternative to Bitcoin. With XRP one of the main contenders in FinTECH circles, CENT is also placed in the ideal market for the biggest potential financial gain of any digital currency in the world!!!


[/quote]

If your theory to defend the TotalMoneySupply CENT is not excessive is based on comparison with the amount of dollars circulating and would give it a market capitalization of 495,175,772,783 dollars, just it seems a utopia.
I firmly believe that needs a reduction CENT 1/500 or 1/1000.
The question is how to do it without the billions of coins lost in the fork of 2013 falling into the hands of the new DEV, which could overturn them and lead to CENT.
hero member
Activity: 770
Merit: 500
September 20, 2015, 02:24:45 PM
people stop bugging TronREX...
rather focus your anger into moving this coin out of sh........t hole
sr. member
Activity: 374
Merit: 251
The REX is here!!!
September 20, 2015, 02:01:17 PM

The old "lets make a roadmap" scam is it?

Not to worry, look lets take this digital currency over and develop it?

Of course it is. Rex's already done it with some other high-numbered shitcoins, why not do it with the most broken shitcoin? Who do you think bought all those cheap CENTs before announcing a "Takeover and Overhaul" which will in reality be a new logo, a new list of vapourware features, and a new exchange to dump his stash on?

What makes you think we're going to allow three newcomers to the cryptography from taking a coin with more than 2 years in the market ??
NOBODY IS GOING TO EMPOWER MY CENTs WITHOUT A HIGH CONSENSUS OF THE COMMUNITY!!!!

Blah Blah Blah!!! What else??? Felling better?

REX,
sr. member
Activity: 374
Merit: 251
The REX is here!!!
September 20, 2015, 01:59:35 PM

The old "lets make a roadmap" scam is it?

Not to worry, look lets take this digital currency over and develop it?

Of course it is. Rex's already done it with some other high-numbered shitcoins, why not do it with the most broken shitcoin? Who do you think bought all those cheap CENTs before announcing a "Takeover and Overhaul" which will in reality be a new logo, a new list of vapourware features, and a new exchange to dump his stash on?

LOL!! What a shithead. I don't even own any CENTS other than the ones in my pockets. You fucking moron!!

Go back to your country with your trolling.

REX!
sr. member
Activity: 374
Merit: 251
The REX is here!!!
September 20, 2015, 01:57:59 PM

The old "lets make a roadmap" scam is it?

Not to worry, look lets take this digital currency over and develop it?

Of course it is. Rex's already done it with some other high-numbered shitcoins, why not do it with the most broken shitcoin? Who do you think bought all those cheap CENTs before announcing a "Takeover and Overhaul" which will in reality be a new logo, a new list of vapourware features, and a new exchange to dump his stash on?

What makes you think we're going to allow three newcomers to the cryptography from taking a coin with more than 2 years in the market ??
NOBODY IS GOING TO EMPOWER MY CENTs WITHOUT A HIGH CONSENSUS OF THE COMMUNITY!!!!

Who are the three newcomers? Anyone can do a fork and consensus will naturally follow, there is no permission necessary Smiley

You guys sure like to talk shit. lol Screw this peace of shit. I haven't even made a roadmap for the NYC coin and it's going better than this peace of shit. Figure ya own shit out. This is why ya going to be stuck in one market till this coin gets killed  Cheesy Cheesy Cheesy Cheesy Tongue
hero member
Activity: 770
Merit: 500
September 20, 2015, 01:27:51 PM
by the way: BITCENT is already in use...
http://coinmarketcap.com/currencies/bitcent/#markets

VanityWallets2015 you have been talking about BitCents!?


No! This coin is CENT, always will be CENT, what I am suggesting is using BitDollars as a unit for the wallet - Bitdollar = 100 CENT.
It makes sense to refer to CENT as BitCents if using BitDollars.

Never even knew someone had released BitCent, although to be fair, its not a trademarked entity, and seeing as there doesnt seem to be any coins in circulation it would suggest its either brand new (last couple of days) or defunct.

VanityWallets2015 I didn't say that you did something wrong I just found this Bitcent and I wanted to let you know.

But anyway it's kinda strange that it showed up at this moment, or!?

That's cool Smiley Yeah its very strange how its just showed up huh. Not me that's done it, but every wall has ears nowadays.

So... are we going to move this coin from the dead zone and let it shine in top ten of coinmarketcap or what... hell  Lips sealed
hero member
Activity: 1498
Merit: 506
September 20, 2015, 01:06:13 PM
by the way: BITCENT is already in use...
http://coinmarketcap.com/currencies/bitcent/#markets

VanityWallets2015 you have been talking about BitCents!?


No! This coin is CENT, always will be CENT, what I am suggesting is using BitDollars as a unit for the wallet - Bitdollar = 100 CENT.
It makes sense to refer to CENT as BitCents if using BitDollars.

Never even knew someone had released BitCent, although to be fair, its not a trademarked entity, and seeing as there doesnt seem to be any coins in circulation it would suggest its either brand new (last couple of days) or defunct.

VanityWallets2015 I didn't say that you did something wrong I just found this Bitcent and I wanted to let you know.

But anyway it's kinda strange that it showed up at this moment, or!?

That's cool Smiley Yeah its very strange how its just showed up huh. Not me that's done it, but every wall has ears nowadays.
hero member
Activity: 770
Merit: 500
September 20, 2015, 01:01:11 PM
by the way: BITCENT is already in use...
http://coinmarketcap.com/currencies/bitcent/#markets

VanityWallets2015 you have been talking about BitCents!?


No! This coin is CENT, always will be CENT, what I am suggesting is using BitDollars as a unit for the wallet - Bitdollar = 100 CENT.
It makes sense to refer to CENT as BitCents if using BitDollars.

Never even knew someone had released BitCent, although to be fair, its not a trademarked entity, and seeing as there doesnt seem to be any coins in circulation it would suggest its either brand new (last couple of days) or defunct.

VanityWallets2015 I didn't say that you did something wrong I just found this Bitcent and I wanted to let you know.

But anyway it's kinda strange that it showed up at this moment, or!?
hero member
Activity: 1498
Merit: 506
September 20, 2015, 11:47:02 AM
by the way: BITCENT is already in use...
http://coinmarketcap.com/currencies/bitcent/#markets

VanityWallets2015 you have been talking about BitCents!?


No! This coin is CENT, always will be CENT, what I am suggesting is using BitDollars as a unit for the wallet - Bitdollar = 100 CENT.
It makes sense to refer to CENT as BitCents if using BitDollars.

Never even knew someone had released BitCent, although to be fair, its not a trademarked entity, and seeing as there doesnt seem to be any coins in circulation it would suggest its either brand new (last couple of days) or defunct.
hero member
Activity: 770
Merit: 500
September 20, 2015, 11:34:33 AM
by the way: BITCENT is already in use...
http://coinmarketcap.com/currencies/bitcent/#markets


VanityWallets2015 you have been talking about BitCents!?
hero member
Activity: 620
Merit: 500
September 19, 2015, 01:08:28 PM
Anyway back to CENT! Let us form a "working group" with equality, one person one vote, to start taking forward CENT.

There is sufficient liquidity in CENT for any federal adoption, or the adoption of a chosen digital currency by one or more countries, this should be a working model, that "BitDollars" formed by units of 100 "BitCents" should be a global unit of transaction without all the unnecessary divisibility (of course divisibility can also be introduced at any time).

Who says yes?

[/quote]

It sounds good to create a working group.
CENT The main problem is excess currency (currently 49,517,573,469,348) which makes it impossible to quote against BTC.
Its main feature is its indivisibility, that's what he did at launch many people invest in this currency (in late 2013 was in volume leader in Cryptsy until it broke).
Without that feature this coin would have died long ago.
hero member
Activity: 1498
Merit: 506
September 19, 2015, 12:27:45 PM
yes +1

That's two, MrBigFace and I, any more interested parties?
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