Topic: Give me your best sales pitch why I should buy your PoS coin. - page 2. (Read 2257 times)

In your post, does PoS stand for "Proof of Stake" or http://www.urbandictionary.com/define.php?term=pos ?


Chairman
Federal Reserve of WIP

Lot's of quality reasons listed here
http://bitshares.org/the-value-proposition-of-bitsharesx-part-i-core-technology/
http://bitshares.org/the-value-proposition-of-bitshares-part-ii-bitassets/
bytemaster.github.io

Shouldn't this belong in the alt section?

There's only two coins. Bitcoin and Nxt

You give me one for continuing to support Bitcoin POW when it is now uneconomic for any average guy to mine and only those with already large resources can engage in it? This is before we go into why burning computers and energy around the globe is a sensible thing to do. Bitcoin is now in all practicality a distributed POS coin now and functions as such.

So was the POW distribution of Bitcoin fair? The amount Satoshi holds would destroy any POS coin today under claims of Premine and scam.

I have been buying and mining bitcoin since early 2011. I now exchange almost all my bitcoin for bitshares (bitshares.org).

Check it out. It sells itself. 

Nuff said

Not really a pitch, but I will say take a look at Bitshares.

Why? Bitshares also has a block reward, but unlike a PoW coin, this block reward doesn't go to miners. A small portion goes to the delegates who produce blocks, and the rest is utilised to fund development of Bitshares itself. At current prices, thats almost $3m a year funding for development.

In short, with an inflation rate less than a PoW, it raises funds for itself to improve and innovate.

Here's the real answer: "Just in case". No one knows if its a waste of time or not. Better to diversify.

PoS = Proof of Stake

No useless crap like mining needed!!

All coins will be distributed by a faucet!!

Distribution is just started on 26th Dec, and it will end on 06.01.15!!

Learn more: https://bitcointalksearch.org/topic/annfind-findcoin-update-wallet-if-you-havent-community-anti-scam-token-905226

Pick one of these 4 paragraphs:

Bitshares is a crypto equity. The block producers are the employees of the company and are voted in by shareholders who own the base token BTS. This means that there is no need for a centralized bitshares foundation or that developers have to donate their work to benefit everyone else but get nothing in return. Bitshares is always hiring the top talent in the cryptocurrency industry. Right now we are especially looking for developers who wish to help create open source gateway code (to make it easier for exchanges to run ungoxable fiat gateways).

Bitshares recognizes that ordinary users and merchants do not want volatility. For that reasons the currency tokens in bitshares are market pegged assets, such as bitUSD, derivatives that are backed by the underlying token BTS and pegged to a real world asset. This is how the peg is doing: http://coinmarketcap.com/assets/bitusd/

Bitshares is a project run by developers who are all flaming libertarians. They recognize that the block chain is the ultimate tool for individual freedom, and bitshares as a project exists to provide the framework on which a free society can be built. Here's one of the latest blog posts by bytemaster, the lead developer, explaining how a free society can be based on smart contracts only: http://bytemaster.bitshares.org/article/2014/12/27/The-Benefits-of-A-Contract-Free-Society/

Bitshares has never had much hype. It had a huge bubble when the market pegged assets was introduced, but never had much PR. Bitshares ran one of the biggest ICO's in history through angelshares, and the funds have all been accounted for and used responsibly and transparently (though they did suffer a huge loss as they held all the ICO funds in bitcoin throughout spring because they wanted their money in crypto out of principle.). The bitshares distribution is also very fair, and even less centralized than bitcoin (the lead devs have a smaller percentage of all bitshares than satoshi has of bitcoin). 50% of the distribution come from a 100% PoW coin, the other 50% from the ICO.

altcoin motto "buy before the pump, else you gotta dump"

The only PoS coin I have a few of are clams. I didn't buy them; I got them in the initial distribution last May. Interestingly, most people who got them in the initial distribution haven't bothered to sell them for bitcoins. If someone has clams and isn't selling them for bitcoins, that seems equivalent to buying clams (in the sense of opportunity cost).

buy now or cry later

But please don't bore me with long explanations. Your PoS coin should be so good it practically sells itself.