deleted - page 81. | Bitcointalksearch.org

MsCollec

legendary

Activity: 1400

Merit: 1000

Quote from: bananahunter67 on April 17, 2014, 03:41:22 PM

OK, question:

Proof of burn means sending coins to a not spendable address, right? So they are really burnt.
So if devs accept this way Pawncoins in order to sell ePawncoins, how can they sell the Pawncoins on their exchange for BTC and put a buy order with the BTC for the ePawncoin?
Pawncoins will not be spendalble, burnt, right? So how can they be sold? Roll Eyes

They can be sold back, did you watched XCP. It has no volume because all those bitcoins are gone. Imagine having that back on the market.

bananahunter67

sr. member

Activity: 378

Merit: 265

OK, question:

Proof of burn means sending coins to a not spendable address, right? So they are really burnt.
So if devs accept this way Pawncoins in order to sell ePawncoins, how can they sell the Pawncoins on their exchange for BTC and put a buy order with the BTC for the ePawncoin?
Pawncoins will not be spendalble, burnt, right? So how can they be sold? Roll Eyes

bananahunter67

sr. member

Activity: 378

Merit: 265

Quote from: alexje on April 17, 2014, 03:06:00 PM

Quote from: bananahunter67 on April 17, 2014, 09:54:46 AM

Quote from: ?? on ??

illustration:
tAP sent 1,000,000 Pawncoin (valued at $1,000,000) to the dev exchange for ePawncoin and received 500,000 ePawncoin(now worth either $1,000,000 or $2,000,000) .

We listed the 1,000,000 Pawncoin at the exchange at $2,000,000

We sold the 1,000,000 Pawncoin and use the amount of BTC/whatever to put up buy order for ePawncoin.

This system will works because soon or later there will be no Pawncoin in circulation except the ones with the Dev so the price will be determined(controlled) by us and thereby increasing the price of ePawncoin holdings of users.

Sounds awesome. However, when you sell the pawns to someone for 2M then pawns are again in him and price is out of your control. Pls correct me if I am wrong.
Also what is exactly proof of burn? The economic techniques you are talking about, not some IT algo?

Dear Pastet89,

Please check this link for the explenation of proof of burn

https://en.bitcoin.it/wiki/Proof_of_burn

Thank you mate! But it is offline currently Undecided

alexje

full member

Activity: 140

Merit: 100

Quote from: bananahunter67 on April 17, 2014, 09:54:46 AM

Quote from: ?? on ??

illustration:
tAP sent 1,000,000 Pawncoin (valued at $1,000,000) to the dev exchange for ePawncoin and received 500,000 ePawncoin(now worth either $1,000,000 or $2,000,000) .

We listed the 1,000,000 Pawncoin at the exchange at $2,000,000

We sold the 1,000,000 Pawncoin and use the amount of BTC/whatever to put up buy order for ePawncoin.

This system will works because soon or later there will be no Pawncoin in circulation except the ones with the Dev so the price will be determined(controlled) by us and thereby increasing the price of ePawncoin holdings of users.

Sounds awesome. However, when you sell the pawns to someone for 2M then pawns are again in him and price is out of your control. Pls correct me if I am wrong.
Also what is exactly proof of burn? The economic techniques you are talking about, not some IT algo?

Dear Pastet89,

Please check this link for the explenation of proof of burn

https://en.bitcoin.it/wiki/Proof_of_burn

tAP

full member

Activity: 238

Merit: 100

I still to this day think it's so cool how easy it is to communicate from all over the world. China is sleeping, too, which is probably why we are missing Provence Tongue

tosha001

full member

Activity: 168

Merit: 100

night in Russia Grin

Sanglotslongs

sr. member

Activity: 448

Merit: 280

Quote from: tAP on April 17, 2014, 12:35:32 PM

Everyone sleeping?

Dinner time in europe Wink

tAP

full member

Activity: 238

Merit: 100

Everyone sleeping?

tAP

full member

Activity: 238

Merit: 100

Quote from: precrime3 on April 17, 2014, 11:19:37 AM

Quote from: provenceday on April 17, 2014, 10:05:18 AM

Quote from: precrime3 on April 17, 2014, 10:01:30 AM

Should I buy in? PD payments soon was considering buy either ltc or vtc. Had my eye on pawncoin.... How does the epawncoin IPO work? Where do I send the pawncoins to? And is it better to hold the pawncoin or send it in for epawncoin? Read the OP and confused....

keep some pawn coin and burn some.

How much? can buy 3.5k if I go all in, ill probably only end up getting 500 (as I want titanfall xD)

Only buy what you can afford! If you want Titanfall, get it man, only live once!

blueangel01

sr. member

Activity: 406

Merit: 250

Hello! Send me a message.

When can we burn our pawncoin?

precrime3

member

Activity: 84

Merit: 10

PM for journalist,typing,and data entry services.

Quote from: provenceday on April 17, 2014, 10:05:18 AM

Quote from: precrime3 on April 17, 2014, 10:01:30 AM

Should I buy in? PD payments soon was considering buy either ltc or vtc. Had my eye on pawncoin.... How does the epawncoin IPO work? Where do I send the pawncoins to? And is it better to hold the pawncoin or send it in for epawncoin? Read the OP and confused....

keep some pawn coin and burn some.

How much? can buy 3.5k if I go all in, ill probably only end up getting 500 (as I want titanfall xD)

Evilish

hero member

Activity: 882

Merit: 563

Bitcoin to the moon!

Going to the moon? Grin

tAP

full member

Activity: 238

Merit: 100

Quote from: provenceday on April 17, 2014, 10:07:55 AM

77 Pawncoin $ 163,505 $ 0.025571 6,394,237 PAWN $ 12,118 +98.11 %

Up up up

Over the past 24 hours no coin in the top 100 on Coinmarketcap has performed better than Pawncoin besides Lycancoin (what? lol) and Blackcoin (which we know how that all went down)

provenceday

legendary

Activity: 1148

Merit: 1000

77 Pawncoin $ 163,505 $ 0.025571 6,394,237 PAWN $ 12,118 +98.11 %

provenceday

legendary

Activity: 1148

Merit: 1000

Quote from: precrime3 on April 17, 2014, 10:01:30 AM

Should I buy in? PD payments soon was considering buy either ltc or vtc. Had my eye on pawncoin.... How does the epawncoin IPO work? Where do I send the pawncoins to? And is it better to hold the pawncoin or send it in for epawncoin? Read the OP and confused....

keep some pawn coin and burn some.

precrime3

member

Activity: 84

Merit: 10

PM for journalist,typing,and data entry services.

Should I buy in? PD payments soon was considering buy either ltc or vtc. Had my eye on pawncoin.... How does the epawncoin IPO work? Where do I send the pawncoins to? And is it better to hold the pawncoin or send it in for epawncoin? Read the OP and confused....

provenceday

legendary

Activity: 1148

Merit: 1000

Quote from: bananahunter67 on April 17, 2014, 09:54:46 AM

Quote from: ?? on ??

illustration:
tAP sent 1,000,000 Pawncoin (valued at $1,000,000) to the dev exchange for ePawncoin and received 500,000 ePawncoin(now worth either $1,000,000 or $2,000,000) .

We listed the 1,000,000 Pawncoin at the exchange at $2,000,000

We sold the 1,000,000 Pawncoin and use the amount of BTC/whatever to put up buy order for ePawncoin.

This system will works because soon or later there will be no Pawncoin in circulation except the ones with the Dev so the price will be determined(controlled) by us and thereby increasing the price of ePawncoin holdings of users.

Sounds awesome. However, when you sell the pawns to someone for 2M then pawns are again in him and price is out of your control. Pls correct me if I am wrong.
Also what is exactly proof of burn? The economic techniques you are talking about, not some IT algo?

just like XCP.

bananahunter67

sr. member

Activity: 378

Merit: 265

Quote from: ?? on ??

illustration:
tAP sent 1,000,000 Pawncoin (valued at $1,000,000) to the dev exchange for ePawncoin and received 500,000 ePawncoin(now worth either $1,000,000 or $2,000,000) .

We listed the 1,000,000 Pawncoin at the exchange at $2,000,000

We sold the 1,000,000 Pawncoin and use the amount of BTC/whatever to put up buy order for ePawncoin.

This system will works because soon or later there will be no Pawncoin in circulation except the ones with the Dev so the price will be determined(controlled) by us and thereby increasing the price of ePawncoin holdings of users.

Sounds awesome. However, when you sell the pawns to someone for 2M then pawns are again in him and price is out of your control. Pls correct me if I am wrong.
Also what is exactly proof of burn? The economic techniques you are talking about, not some IT algo?

tAP

full member

Activity: 238

Merit: 100

Quote from: provenceday on April 17, 2014, 09:22:36 AM

Quote from: tAP on April 17, 2014, 09:20:24 AM

Quote from: MsCollec on April 17, 2014, 09:16:56 AM

Quote from: provenceday on April 17, 2014, 09:14:48 AM

Quote from: MsCollec on April 17, 2014, 09:10:56 AM

Quote from: Troonetpt on April 17, 2014, 09:04:16 AM

Quote from: provenceday on April 17, 2014, 09:02:10 AM

we will have our exchange soon.

It's great to have our exchange. But we also need other big exchanges.

Other big that doesn't want to add Pawncoin, we can compete with them by offering zero trading fees.

we can vote for mintpal?

No one is voting, did you know that Cryptsy added new coins to the voting system and ignored pawncoin. I sent them a reminder yesterday to add us directly to their exchange.

I think all of this is a result of us not promoting, which in the end I still think was the right call. As soon as this exchange and shop open and the devs/all of us open the promotional floodgates, I think exchanges will be somewhat forced to add Pawn.

That being said..... let's keep this above 6000!

we will reach 10000 satoshi this weekend or next weekend.
just start a little promotion in china.

Next temporary goal? Break top 70 on coinmarketcap?

provenceday

legendary

Activity: 1148

Merit: 1000

Quote from: tAP on April 17, 2014, 09:20:24 AM

Quote from: MsCollec on April 17, 2014, 09:16:56 AM

Quote from: provenceday on April 17, 2014, 09:14:48 AM

Quote from: MsCollec on April 17, 2014, 09:10:56 AM

Quote from: Troonetpt on April 17, 2014, 09:04:16 AM

Quote from: provenceday on April 17, 2014, 09:02:10 AM

we will have our exchange soon.

It's great to have our exchange. But we also need other big exchanges.

Other big that doesn't want to add Pawncoin, we can compete with them by offering zero trading fees.

we can vote for mintpal?

No one is voting, did you know that Cryptsy added new coins to the voting system and ignored pawncoin. I sent them a reminder yesterday to add us directly to their exchange.

I think all of this is a result of us not promoting, which in the end I still think was the right call. As soon as this exchange and shop open and the devs/all of us open the promotional floodgates, I think exchanges will be somewhat forced to add Pawn.

That being said..... let's keep this above 6000!

we will reach 10000 satoshi this weekend or next weekend.
just start a little promotion in china.

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