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Topic: [Experiment] Abstract Coin! - page 3. (Read 8690 times)

legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
May 29, 2013, 03:39:28 PM
#59
WAIT! Isn't that artwork by the guy whose house burnt down a few post back?!

Odd, that he saved the only thing valuable in his home.

On a side note, I just discovered the hand gesture used to recognize fellow AbstractCoinUrs:

full member
Activity: 238
Merit: 100
In Gord We Trust
May 29, 2013, 03:35:18 PM
#58
WAIT! Isn't that artwork by the guy whose house burnt down a few post back?!
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
May 29, 2013, 03:28:41 PM
#55
I propose that all further Abstract Coins be given away by Adam in no larger than 0.01AC within a certain time frame, possibly one month. If the task is too much of a burden on him, then he should give authority to some trusted members to help complete the task by allowing them to also give away AC on this thread.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
May 29, 2013, 03:23:01 PM
#54
when mining is introduced in the new patch, everything will be ok

All users of AC-beta versions 0.1 and earlier are required to upgrade to 0.2 or apply a manual workaround by May 15, 2014.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
May 29, 2013, 03:22:30 PM
#53
when mining is introduced in the new patch, everything will be ok
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
May 29, 2013, 03:21:06 PM
#52
...
here 0.1AC to play with.

|AC8DG84KD| (0.888AC)AdamStgBit(0.788AC) -> nimda
I'll send 0.05 back to you
|738551740| (0.1AC)nimda(0.05AC) -> AdamStgBit
...
Hey, FRAUD!!
You edited my quote!

I only send 0.01 back to you Angry

you edited your post

oh oh its about to fall apart

ahhh sell everything!!!

No, wait! I have a pizza ordered. https://bitcointalksearch.org/topic/m.2310255
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
May 29, 2013, 03:19:13 PM
#51
...
here 0.1AC to play with.

|AC8DG84KD| (0.888AC)AdamStgBit(0.788AC) -> nimda
I'll send 0.05 back to you
|738551740| (0.1AC)nimda(0.05AC) -> AdamStgBit
...
Hey, FRAUD!!
You edited my quote!

I only send 0.01 back to you Angry

you edited your post

oh oh its about to fall apart

ahhh sell everything!!!
hero member
Activity: 784
Merit: 1000
0xFB0D8D1534241423
May 29, 2013, 03:16:53 PM
#50
...
here 0.1AC to play with.

|AC8DG84KD| (0.888AC)AdamStgBit(0.788AC) -> nimda
I'll send 0.05 back to you
|738551740| (0.1AC)nimda(0.05AC) -> AdamStgBit
...
Hey, FRAUD!!
You edited my quote!

I only send 0.01 back to you Angry
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
May 29, 2013, 03:11:21 PM
#49
Yeah, it's total bullshit that he got 0.05AC. Good thing is that he is selling them for only $100. I wouldn't even sell 0.01AC for that amount! Cheap Abstraction!

I concur! On a positive note, between Al's offer to sell, you claiming the price is too low, and me concurring such, we now have a better market cap estimate.

1AC = $2,000 USD/15.16 BTC
full member
Activity: 238
Merit: 100
In Gord We Trust
May 29, 2013, 02:55:54 PM
#48
Yeah, it's total bullshit that he got 0.05AC. Good thing is that he is selling them for only $100. I wouldn't even sell 0.01AC for that amount! Cheap Abstraction!

legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
May 29, 2013, 02:52:42 PM
#47
Hey, would like to try it out. Like the name of it Smiley

Did you sign up to get in the queue?

Why did Al the Alpaca get 0.05AC and I only got 0.01AC? The SOB tried to blackmail you, then he's awarded.

Also, why is this thread lagging during the sell-off, but speeds up during the buy-back?
sr. member
Activity: 393
Merit: 250
May 29, 2013, 02:48:14 PM
#46
Hey, would like to try it out. Like the name of it Smiley
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
May 29, 2013, 02:37:16 PM
#45



|AC8DG84KD| (0.658AC)AdamStgBit(0.608AC) -> Al the Alpaca  


I am so happy now! Thanks, bud.

Now, off to the trading section to try to sell it.

Done! https://bitcointalksearch.org/topic/wts-005ac-for-btc-219401

WTF!
full member
Activity: 205
Merit: 100
The Future Of Work
May 29, 2013, 02:36:36 PM
#44



|AC8DG84KD| (0.658AC)AdamStgBit(0.608AC) -> Al the Alpaca  


I am so happy now! Thanks, bud.

Now, off to the trading section to try to sell it.

Done! https://bitcointalksearch.org/topic/wts-005ac-for-btc-219401
full member
Activity: 205
Merit: 100
The Future Of Work
May 29, 2013, 02:23:17 PM
#43



|AC8DG84KD| (0.658AC)AdamStgBit(0.608AC) -> Al the Alpaca  


I am so happy now! Thanks, bud.

Now, off to the trading section to try to sell it.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
May 29, 2013, 02:18:15 PM
#42
once i have given all my coins away i will attempt to buy them all back at the rate of  0.2BTC / 1AC

or not...

more than likely someone will hack it start creating Abstract Coins in MASS, and they will be worthless  Cry

Here it is! So currently the potential market cap of Abstract Coin is 0.2BTC. Is that correct?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
May 29, 2013, 01:59:47 PM
#41
But what if forum moderation policies change and those coins get banned?  Huh
Wouldn't it be safer to have copies of these coins in other forums?  Grin

I know a guy in Utah!

Seriously, I love this thread. Albeit, created tongue-in-cheek, I think, therefore I am penning this, that this Abstract Coin thingy has the potential of sproutin' legs. Maybe not in its current iteration, but tweaked and relaunched, it could do better.

That said, we need a foundation. I suggest that the founding members be pillars of the Abstract Coin community, with Adam as the chief scientist. And yes, it's a paying position, as has already been demonstrated--Adam pays himself.

The Abstract Coin genesis block should include the following news headline: US Government Seizes LibertyReserve.com

People are weird! They're probably more apt to get their head wrapped around Abstract Coin then Bitcoin.

Abstract Coin should be designed so that it's never capable of laundering money. Although laundering crypto-currency may be one of its uses.

Adam, what's the current market cap of Abstract Coin?

Benefits of Abstract Coin:

  • No electricity cost associated with it since no mining rigs are use.
  • One only has, and will be ever created, albeit divisible by X.

Feel free to add to the above.

LMAO,

i think Abstract Coin has some potential, but in it current form it is hard to verify claims to Abstract Coins, hopefully i can come up with a way to overcome this difficulty.

in the meantime, I have code to write as i am a depth slave   Lips sealed
full member
Activity: 238
Merit: 100
In Gord We Trust
May 29, 2013, 01:44:59 PM
#40

lol'd hard when reading these comments

sending out freebies

here 0.1AC to play with.

|AC8DG84KD| (0.888AC)AdamStgBit(0.788AC) -> nimda
I'll send 0.05 back to you
|738551740| (0.1AC)nimda(0.05AC) -> AdamStgBit



|AC8DG84KD| (0.838AC)AdamStgBit(0.828AC) -> BitcoinAshley      ( thats 0.01AC )
|AC8DG84KD| (0.828AC)AdamStgBit(0.808AC) -> TsuyokuNaritai    ( thats 0.02AC )
|AC8DG84KD| (0.808AC)AdamStgBit(0.798AC) -> True___Blue       ( thats 0.01AC )
|AC8DG84KD| (0.798AC)AdamStgBit(0.788AC) -> Phinnaeus Gage  ( thats 0.01AC )
|AC8DG84KD| (0.788AC)AdamStgBit(0.778AC) -> calian               ( thats 0.01AC )
|AC8DG84KD| (0.778AC)AdamStgBit(0.768AC) -> batcoin             ( thats 0.01AC )
|AC8DG84KD| (0.768AC)AdamStgBit(0.758AC) -> Boi qaaf            ( thats 0.01AC )
|AC8DG84KD| (0.758AC)AdamStgBit(0.658AC) -> NamLaLai          ( thats 0.10AC  i like the logo!)


simply by saying i send you x amount of  Abstract Coin makes it so.
proving ownership is a simple matter of looking at the history.
there are some obvious issues with Abstract Coin, that will need to be addressed



to name a few:
what if i edit or delete my post, what happens then!?
what if i make a mistake on the TX?


I think we can find clever solutions to these problems.

when i have time i will dream up wacky solutions.


fun thought experiment is fun!  Cheesy

Dear Adam,

Thanks for the 0.01 AC sent. Just to further contribute - shouldn't we all agree on what to call the smaller divisions of Abstract Coins? I kinda like the idea of Absents, or should it be Absence... Abcents?? Sent?

I am also thinking of starting the first Abstract Food stand. Pizza sounds good, but I don't really like stealing someone else's idea, i.e. the Bitcoin pizza sale. Hence, the following:

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