Project is on the ice, until there is more interest about this kind of coin - page 5.

halibit

legendary

Activity: 1596

Merit: 1006

Quote from: Hydroponica on September 04, 2013, 07:59:29 PM

Quote from: ?? on ??

Quote from: Hydroponica on September 04, 2013, 06:30:15 PM

Premine: 100%??

Quick question, how are you moving these coins around, with no miners, there, genius?
So, the value is never more than $1. So, this coin has no appeal to miners, or traders. Great job. Idiot

There no need more than couple CPU miners online for transaction.

Yes, value is never more than $1. Think a while, and you may see why it will be good for traders buyers and sellers..

Well, lets see. Traders buy coins, in hopes to trade them for more then they paid for them, for profit....

Yes, same like they do when buying direct US dollars, but they can send cD between any server where it can trade.
So first of all, this coin need exchange servers. Welcome to project if you want to. There is still few job to do

ronimacarroni

full member

Activity: 140

Merit: 100

Quote from: halibit on September 04, 2013, 07:32:13 PM

Quote from: ronimacarroni on September 04, 2013, 07:16:56 PM

this sounds pointless.
I could transfer ~0.01 btc if i wanted to transfer a dollar.

Well, no you can't. If you trade your alcoins to USD, you can't send it anywhere exept in your bank etc USD account.
Altcoins and btc are not stable. This is not problem with 0.01btc, but even in minutes you can loss hundreds if you transfer 10btc.
Of course, you may win too, but then it is trading, and if I sell something, I don't want to quess how much I will get.

price evaluation takes atleast a day whereas you can transfer bitcoins in a like 10 minutes or so

Hydroponica

full member

Activity: 182

Merit: 100

fml

Quote from: ?? on ??

Quote from: Hydroponica on September 04, 2013, 06:30:15 PM

Premine: 100%??

Quick question, how are you moving these coins around, with no miners, there, genius?
So, the value is never more than $1. So, this coin has no appeal to miners, or traders. Great job. Idiot

There no need more than couple CPU miners online for transaction.

Yes, value is newer more than $1. Think a while, and you may see why it will be good for traders buyers and sellers..

Well, lets see. Traders buy coins, in hopes to trade them for more then they paid for them, for profit....

halibit

legendary

Activity: 1596

Merit: 1006

Quote from: angie on September 04, 2013, 05:59:31 PM

25PiayvMYLE2ozCk59H9fpPVdpJMQUHuA6

thankyou

I collect all wallet address and will send test coins.
Be patient, I still run some perform test.

halibit

legendary

Activity: 1596

Merit: 1006

Quote from: hanzac on September 04, 2013, 07:18:28 PM

How could it be trusted?
How do you make your coins valuable that much?
Be realistic.

Value will be created with the deposed US-dollar.
If you buy cryptoDOLLAR, it will cost 1 USD and that 1 US-dollar will deposed on safe and never used.
But if cryptomarket crash, or no one don't want to trade cD anymore, you will get that deposed dollar back. I think cryptoDOLLAR realistic value is then 1 usd.

halibit

legendary

Activity: 1596

Merit: 1006

Quote from: ronimacarroni on September 04, 2013, 07:16:56 PM

this sounds pointless.
I could transfer ~0.01 btc if i wanted to transfer a dollar.

Well, no you can't. If you trade your alcoins to USD, you can't send it anywhere exept in your bank etc USD account.
Altcoins and btc are not stable. This is not problem with 0.01btc, but even in minutes you can loss hundreds if you transfer 10btc.
Of course, you may win too, but then it is trading, and if I sell something, I don't want to quess how much I will get.

hanzac

sr. member

Activity: 425

Merit: 262

How could it be trusted?
How do you make your coins valuable that much?
Be realistic.

ronimacarroni

full member

Activity: 140

Merit: 100

this sounds pointless.
I could transfer ~0.01 btc if i wanted to transfer a dollar.

maanto

newbie

Activity: 30

Merit: 0

Quote from: halibit on September 04, 2013, 03:34:54 PM

Is this coin endorsed by Jayzis? I don't think he would want anything to do with this.

thcst8

sr. member

Activity: 392

Merit: 250

rJya1iJKWyKCpYFGQoA9NK8ogA7xg5n77

Balthazar

legendary

Activity: 3108

Merit: 1359

halibit

You shouldn't create the fixed amount of currency. You must create & sell new coins or buy & destroy a part of existent coins only when it will be required by economy, to maintain the balance between supply and demand (i.e. act like any Central Bank). That's why your model is broken by design and doomed to fail. The real fiat currency should provide runtime money emission/destruction control. Otherwise it is nothing more than another fork with strange parameters.

P.S. Looks like someone should be forced to buy textbooks.

Hydroponica

full member

Activity: 182

Merit: 100

fml

Premine: 100%??

Quick question, how are you moving these coins around, with no miners, there, genius?
So, the value is never more than $1. So, this coin has no appeal to miners, or traders. Great job. Idiot

wedge

full member

Activity: 187

Merit: 100

Quote from: claycoins on September 04, 2013, 05:48:26 PM

Then the fact you are trying to make a centralised currency that would be no advantage over paypal etc.

The advantage would be no fees, and no 3rd party having control over your money and what transactions you can/can't perform.

But all crypto's have that advantage anyway.

noelmal

sr. member

Activity: 265

Merit: 250

"Each coin holding one US-dollar deposed in the bank or other USD based account/safe.
For that reason, cryptoDOLLAR exchange value is all the time equal with the US-dollar."

"Premine: 100%
Total minted: 2,000,000,000"

So you have 2,000,000,000 USD in your bank account to back that up?

Cool: 28UutUaKWA88yuy1H9urQa2ihewcSkLUkh

imrer

full member

Activity: 154

Merit: 100

I thought dolar is the currency we are fighting against. Grin

angie

full member

Activity: 163

Merit: 100

25PiayvMYLE2ozCk59H9fpPVdpJMQUHuA6

thankyou

sumantso

legendary

Activity: 1050

Merit: 1000

I downloaded without reading and tried to set up mining. Read the OP and realised that this not for mining.

Lets see how this goes.

25iBa2bN1LuLtGu8MgVL9LHnudSy1Pupub

claycoins

hero member

Activity: 518

Merit: 500

wordpress website, poor english.. sorry doesnt look very professional. Then the fact you are trying to make a centralised currency that would be no advantage over paypal etc.

JoeMattie

full member

Activity: 220

Merit: 100

addnode=24.237.35.104

HabbyGab

member

Activity: 99

Merit: 10

I do not support TIX Tickets.

reserved

Topic: Project is on the ice, until there is more interest about this kind of coin - page 5. (Read 8191 times)