Topic: deleted - page 5. (Read 3954 times)
PoS is good work
good luck to the team and we hope that this project will continue to achieve success.god bless
well you have been doing very well keep the good work and know that we are with you
@Miiike, Ok I understand you question much better right now. Thanks for clarifying.
That is a bump in the road you're raising right here, and I must admit this can be an issue.
--snip--
That is a bump in the road you're raising right here, and I must admit this can be an issue.
--snip--
For solution number 2, I actually had thought about that too, and as I play devil's advocate here, I also had a "solution" for the seller's side, which is by doing this once every nth times. Say, like he do this cheat for every three or ten sales. He won't be detected by the "radar" and he'll still gain more profit.
This will leads to negate part of your number 1's solution too, as because he can ensure his little game undetected, it won't taints his reputation. Although, having a "label of DiscountCoin approved shop" might be a best solution for now, I can't think a way to cheat that system... other than it might cost you a fortune.
Suppose you create an app (I imagine your project would eventually need a mobile wallet for easier transaction) within your wallet that basically a map with labels on it, to show which store accept DSC, not only it'll persuade users to shop and use your app more (thus, increasing awareness of your app for you as well as increasing sales for the seller), it'll also ensure this cheating seller can not do his intention. Like "oh sorry, we don't have DSC here," will be replied with a "I can see your store is actually listed as DSC merchant."
It'll be quite handy, but I assume that building such feature won't be cheap
Did you missed my post? I wonder how.
Sorry if I have to ask and seems a little bit demanding, but I prefer to know a project as deep as I wished before I proceed and take decisions
I did not missed your post, I just did not understand it so I did not answer. Sorry if I have to ask and seems a little bit demanding, but I prefer to know a project as deep as I wished before I proceed and take decisions
I shall try to understand, let's discuss this
You said :
Quote
Applying your case, what would prevent the shop owner to just sell them in fiat (say, like 100$) and then convert them all into DSC? He'll get 10$ worth of DSC more by this way
Let's take a use-case example and state that 1DSC trades for 1$
You're a shop owner, you want to sell ... a smartwatch, for 100$.
You make a deal with our DiscountCoin foundation, you aggree to sell your smartwatch for 90$ and open an empty DSC wallet.
Some customer enter your shop and has a choice. He can buy your smartwatch paying 100$ OR he can pay with his smartphone wallet for 90DSC
He choose to pay with his smartphone wallet, 90DSC, transaction is almost instant and it cost him 90$ (remember for this example, 1DSC trades for 1$)
You, as a shop owner, now have 90DSC in your wallet. You clearly made less money selling your smartwatch in DSC rather than in dollars.
But, these 90DSC are now staking ! And these coins reward you, the shop owner, more coins each times a block is validated by your staking wallet.
In a few days, your 90DSC wallet have turned into a 110 DSC wallet, you made a profit !
That's the main idea of our project.
To make a win-win situation, win for the customer, win for the shop owner.
Well uhh... Sorry for being not clear. What I'm trying to understand is what if the story goes this way,
The smartwatch seller, which is me, does have a DSC account, had some successful purchases, and his wallet is staking.
A buyer comes in, lets call him John, and asked for a smartwatch. As your project is an extremely well known project in the future, John is also know about DSC, had some purchases in DSC, and hoped that he can get a deal with this store.
Deal made, payment issued, and John asked me, "Does your store, by any chance, know and has some DSC program? It'll be nice if I can get this watch for 90$."
Somehow, being a profit oriented seller that I am, a thought crossed my mind, (this is the point of my question) "instead of having a 90$ worth of DSC that's instantly sent to my wallet, why don't I just lie by saing 'no, i don't have DSC, we accept fiat and visa, though' and get 100$ of fiat, which then I'll use to buy some DSC and left it staking on my wallet. By this way, I'll have 100 DSC to stake instead of 90."
So, I tell John how sorry I am of not having such promo, but maybe I'll adopt the system in a very near future. He paid me 100$ and went home. I convert this 100$ usd to 100 DSC right away, then let them stake on my wallet.
My question is, what measurement will you use to prevent such scenario?
Discount Coin is a BIG MN SCAM, looks like RYTOS https://bitcointalksearch.org/topic/annrytos-masternode-high-rewards-bounties-2364751
The project is at the very beginning of its journey, but there are no unfounded accusations in the scum! So far, personally, in front of me, the developers have fulfilled all their promises on time, to work windows-wallet there are no questions, not everything is perfect, but I believe that the project can live
I'm so interested in this project, it's great.
Did you missed my post? I wonder how.
Sorry if I have to ask and seems a little bit demanding, but I prefer to know a project as deep as I wished before I proceed and take decisions
Sorry if I have to ask and seems a little bit demanding, but I prefer to know a project as deep as I wished before I proceed and take decisions
Dutch Whitepaper translation is ready, i will fill in the form tonight.
I have a question about the ann translation, i want to translate the tables too, but it would help a lot i i can get the original pdf files so i keep the fonts etc. Can someone of the team provide that?
I have a question about the ann translation, i want to translate the tables too, but it would help a lot i i can get the original pdf files so i keep the fonts etc. Can someone of the team provide that?
Scamerian Language translation reserved 
Dutch translation reserved for topic, both masternodes guides, whitepaper and website.
How do i send website translation?
How do i send website translation?
What a joke... People, before rushing in and throwing money, stop for a second. Read and think!
thailand translation reserved.
Hi.
I like your project. It looks very promising for me.
I think I'll research it some more and consider joining.
Good luck, Devs!
I like your project. It looks very promising for me.
I think I'll research it some more and consider joining.
Good luck, Devs!
Serbian translation reserved
The idea of this project is good but I am just curious how long do you think you can achieve your mission? Currently, there is really minimal number of stores accepting cryptocurrency due to price volatility.
I would also like to know this. Mine is more to your approach to introduce your tech and blockchain to stores.
Also, I take that your coin is predicted to be around 2usd/token after your project run?
Our final price, if you make an average on each ICO phase is a bit lower than $2, it should be around $1.96...
Where will the compensation come from? I mean, your plan is to encourage community to use crypto by giving discount if they use your token as a payment, right? But due to the discount, there's a price gap between the actual price and thr discounted price. Who will bear this gap?
As a merchant, I sell 1 item $100; I make a deal to sell this same item for 90DSC (let's say 1DSC=$1 for this example), I get paid 90$ in DSC and I put those coins into the wallet which is staking and generating more coins days after days.
In this scenario, the customer is buying with a 10% discount and the shop owner will fill his gap through coins staking process generating more coing with POS reward system.
Applying your case, what would prevent the shop owner to just sell them in fiat (say, like 100$) and then convert them all into DSC? He'll get 10$ worth of DSC more by this way
Discount Coin is a BIG MN SCAM, looks like RYTOS https://bitcointalksearch.org/topic/annrytos-masternode-high-rewards-bounties-2364751
I am glad that I have met this potential coin called DiscountCoin (DSC) because this is based on Proof of Stake (PoS). I always like PoS coins. And there are many bounties for DSC and I have joined several of it and gonna try to join other. I am interested to be a masternode for DSC, I am gonna try hard to achieve it and I hope I can make it. Thanks for DSC devs team with their pure kindness to help me with in discord channel. I will support DSC and hope DSC will get the success in the future and be one of the greatest PoS coin exist.
Successfully started the masternode! getting 4 coins every 5 mins. 
this community always impresses me! I love the concept of being able to stake coins and earn while spending! it is a really good idea. this truly is a hidden gem!
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