Topic: [Donated $2k+ To Charity] Clean Water Coin: A Crypto Charity (Pure PoS) - page 151. (Read 195747 times)

You are wrong . Current difficulty has nothing to do with the price or the value of a coin, but has to do with the costs. Also the diff retarget is very retarded, so there was a lot of instamining last night. What you are referring to is the costs but I would buy only ~400 even if the cost of producing today is higher, now if the diff stays this high for more than a couple of days then I might think different but is too soon to know.

Cheers!

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This coin has MASSIVE potential to make money for both investors and for the charity they support.

The non-profit application is GOLD for getting press in the coming weeks. Journalist's LOVE being the first to cover the next "tech that's good for humanity" stuff. If the charity fund draws in enough money to legitimately help ANYONE who needs clean water, and there is press there to see/film/write about it, then it is a solid bet that there will be a new "sure thing" coin investors can feel GOOD about investing in. (Greed is much better served on a plate bought at a charity auction. ;p). This means more money, which means more water, which means more press, which means more money, which means....

We all have seen the potential for crypto-currencies to create new avenues to funnel much needed money to charity causes by tapping in to people's desire to trade up! While it is really nice to see coins sending a team to the Olympics and such, imagine the impact of seeing fresh water brought to thirsty kids! It is GREAT to be part of new and innovative avenues to bring prosperity and much needed physical resources to people who would otherwise be lacking of both, all just by trying to make a buck! This crypto-coin phenomenon has a lot of potential to fundamentally change the flow of revenue to new demographics, and ensure it is not just lining the pockets of bankers who turn around and loan it out to those who actually need it at outrageous interest!

All that is standing in the way of one of these charity coins surpassing everyone's expectations and changing people's lives is a team of hardworking, honest developers, some good marketing, and others along the way willing to push it along when their help is required. I hope that this team can live up to those requirements and that investors are aplenty.

I am excited about a few coins for various reasons, but this is the only one I have been excited enough about to break my own rule and invest in pre-launch without knowing anyone on the development team from any previous projects or partnerships. As an investor, the marriage of charity causes and high-risk potential for HUGE profits is a no-brainer. The potential for profit is exciting, and the potential for passively helping a good cause is icing on the cake. The Non-profit app submission, good communication by the dev team, phone numbers, locations, etc made public....it was enough to entrust a relatively small amount of BTC to get on board the train early and just hope the tracks don't run out.

And IDEA:I would like to see a pop-up when I receive incoming coins to my wallet, asking me if I would like to donate whatever % to the public charity fund wallet. I can imagine a LOT of people would be willing to donate that way. You just need to gain trust, and that can be done by doing exactly what you already said you were going to do and proving you did it. =)

One last thing, it is IMPERATIVE that this coin use the most power-efficient mode of mining possible, for obvious reasons. You don't want to preach environmentalism and drive a monster truck.

I'll be watching this one closely, as will a lot of others, I am sure. Do it right, and it will EXPLODE. Do it wrong, and....well, most of us have already seen it done wrong and know where the coin ends up. =)

I wish this team and this coin the BEST of luck and will support this coin publicly until I am given reason to cease doing so.

+1

yes  x11 will get more GPU miners, than means more supporters.

Estimated price of Clean Water Coin at the moment:
1Mh/s can mine ~600 coins in a day.
1Mh/s can earn about 0.005 BTC per day.
So the price is 0.005/600=833 satoshi.

However the difficulty is not "normal" now.
Time per block for the whole network is 82 seconds.
The normal time should be 120 seconds.
The difference is ~46%.
So the normal price should be 833satoshi X 1.46=1220 satoshi.
Everything under 1220 satoshi worth to buy.
Correct me if I am wrong  

+1 for X11

Getting this error "Unable to login: Account locked. Please Check your Email for instructions to unlock." while trying to access official pool http://pool.cleanwatercoin.org/. Never receive any mail, spam folder checked.

Anybody got same issue?

bter is pretty good, will attract lots of Chinese .
certainly, other plans are as important as exchange.

To be honest. Our first goal is to get a full 8-10 hours of sleep tonight

However, this is the agenda for our meeting tomorrow morning at 11:00am PST:

• Follow up with Mintpal & Bter who asked us to follow up after launch
• Status update on Mac Wallet
• Status update on Linux Wallet
• Start planning our first giveaway/sweepstakes
• Follow up with media contacts for post-launch coverage
• Status update on X11 testing
• Work on monthly newsletter strategy to update everyone on the latest progress, goals, and milestones going forward

i think we should make some promotions too.

not yet

Has anyone taken WTR yet?

Interesting: to break even (0.01btc/mh/day) at current difficulty the price would need to be 1625 satoshi, and the market price is 2 orders of magnitude lower than that... 

how about promotion plans ?
shall we do some giveways to make more people know WATER?

Added it to the OP. I will clean up the first post tomorrow so its not so cluttered.

We shall now refer to you as: ALCT

Deal?

 

Please put a link to the github source in the OP.

what exchange are we talking about?  is coin-swap.net still the only one?