Signed (Again)...
...So we are Back On Topic!
(Please let's stay on topic here)
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Re: [CGB] Petition for listing CryptogenicBullion on BTC-e
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Topic: ROR - page 2. (Read 4254 times)
Good point, being 'early' isn't always a benefit. It's a risk people take.
Very huge risk, cuz in my oppinion you need huge amount of money to get your coin alive and get interest of ppl
Small risk in my opinion, considering the rewards of success.
The winners in Digital Currencies will now be the ones who are prepared to take those risks with 'real' fiat money. 95% of players in the Alts have pennies or no money at all, and are scared of risking 50c.
[/quote]
Now listen this:
IF you invent your new coin now, hot to make people to mine that coin. Ok little promotion bla bla....
Then next problem. How to make ppl to trade your coins when they dont know his price. OH solution: you have 50 BTCs to spare and you as anonim person will buy their coins for a reasonable price , and where they can make a profit. Then people get more interest in that coin and story continues.
But where did u get 50 BTCs spare?!?! OH they came from the sky
Good point, being 'early' isn't always a benefit. It's a risk people take.
Very huge risk, cuz in my oppinion you need huge amount of money to get your coin alive and get interest of ppl
[/quote]
Small risk in my opinion, considering the rewards of success.
The winners in Digital Currencies will now be the ones who are prepared to take those risks with 'real' fiat money. 95% of players in the Alts have pennies or no money at all, and are scared of risking 50c.
Not enough coins, huge advantage to early miners. Doubt it but good luck.
What advantage did Satoshi have mining early? Enough has been said. Is this from crack?
Not enough coins for what? For you?
Satoshi sat by himself and mined BTC for months...hell, BTC was a nerdy little secret for a year before reaching any kind of notoriety. Don't give me that 'early miner benefit' bull shit. lol
The "not enough coins" argument is laughable, from a money supply perspective. It shows mathematical ignorance. Mainstream media also laughed at Bitcoin because it's "finite" but currency needs to be abundant so to flow, which is a statement of ignorance as well.
Here's some basic math to show it depends on the dollar amount and money supply. And just an FYI, there are coins with half the supply of CGB on BTC-e.
If you mapped a correspondence to the lowest denomination of CGB (one satoshi) to the lowest denomination of the USD (one cent), you get the following:
CB USD
.00000001 .01
.0000001 .1
.000001 1
.00001 10
.0001 100
.001 1000
.01 10000
1 100000
So, potentially, the money value represented by CGB's total coins is $100,000,000,000 (Do you know how many countries have a money supply of worth $100 trillion...heck, how about $100 billion? Not many at all.)
Not saying 1 CGB will represent a value $100,000 at all. But what I'm saying is that the dollar amount and total market supply represent the M1 money supply, which in turn can provide the stimulus for a strong M2 supply.
Let me know if I eased your concerns.
Have a nice day
early miners have advantage if that coin succes, but what if that coin falls?!?! They waste their money
Free market. Never a 'waste' when returns are potentially so high.
Not enough coins, huge advantage to early miners. Doubt it but good luck.
What advantage did Satoshi have mining early? Enough has been said. Is this from crack?
Not enough coins for what? For you?
Satoshi sat by himself and mined BTC for months...hell, BTC was a nerdy little secret for a year before reaching any kind of notoriety. Don't give me that 'early miner benefit' bull shit. lol
The "not enough coins" argument is laughable, from a money supply perspective. It shows mathematical ignorance. Mainstream media also laughed at Bitcoin because it's "finite" but currency needs to be abundant so to flow, which is a statement of ignorance as well.
Here's some basic math to show it depends on the dollar amount and money supply. And just an FYI, there are coins with half the supply of CGB on BTC-e.
If you mapped a correspondence to the lowest denomination of CGB (one satoshi) to the lowest denomination of the USD (one cent), you get the following:
CB USD
.00000001 .01
.0000001 .1
.000001 1
.00001 10
.0001 100
.001 1000
.01 10000
1 100000
So, potentially, the money value represented by CGB's total coins is $100,000,000,000 (Do you know how many countries have a money supply of worth $100 trillion...heck, how about $100 billion? Not many at all.)
Not saying 1 CGB will represent a value $100,000 at all. But what I'm saying is that the dollar amount and total market supply represent the M1 money supply, which in turn can provide the stimulus for a strong M2 supply.
Let me know if I eased your concerns.
Have a nice day
early miners have advantage if that coin succes, but what if that coin falls?!?! They waste their money
Good point, being 'early' isn't always a benefit. It's a risk people take.
Very huge risk, cuz in my oppinion you need huge amount of money to get your coin alive and get interest of ppl
Not enough coins, huge advantage to early miners. Doubt it but good luck.
What advantage did Satoshi have mining early? Enough has been said. Is this from crack?
Not enough coins for what? For you?
Satoshi sat by himself and mined BTC for months...hell, BTC was a nerdy little secret for a year before reaching any kind of notoriety. Don't give me that 'early miner benefit' bull shit. lol
The "not enough coins" argument is laughable, from a money supply perspective. It shows mathematical ignorance. Mainstream media also laughed at Bitcoin because it's "finite" but currency needs to be abundant so to flow, which is a statement of ignorance as well.
Here's some basic math to show it depends on the dollar amount and money supply. And just an FYI, there are coins with half the supply of CGB on BTC-e.
If you mapped a correspondence to the lowest denomination of CGB (one satoshi) to the lowest denomination of the USD (one cent), you get the following:
CB USD
.00000001 .01
.0000001 .1
.000001 1
.00001 10
.0001 100
.001 1000
.01 10000
1 100000
So, potentially, the money value represented by CGB's total coins is $100,000,000,000 (Do you know how many countries have a money supply of worth $100 trillion...heck, how about $100 billion? Not many at all.)
Not saying 1 CGB will represent a value $100,000 at all. But what I'm saying is that the dollar amount and total market supply represent the M1 money supply, which in turn can provide the stimulus for a strong M2 supply.
Let me know if I eased your concerns.
Have a nice day
early miners have advantage if that coin succes, but what if that coin falls?!?! They waste their money
Good point, being 'early' isn't always a benefit. It's a risk people take.
Not enough coins, huge advantage to early miners. Doubt it but good luck.
What advantage did Satoshi have mining early? Enough has been said. Is this from crack?
Not enough coins for what? For you?
Satoshi sat by himself and mined BTC for months...hell, BTC was a nerdy little secret for a year before reaching any kind of notoriety. Don't give me that 'early miner benefit' bull shit. lol
The "not enough coins" argument is laughable, from a money supply perspective. It shows mathematical ignorance. Mainstream media also laughed at Bitcoin because it's "finite" but currency needs to be abundant so to flow, which is a statement of ignorance as well.
Here's some basic math to show it depends on the dollar amount and money supply. And just an FYI, there are coins with half the supply of CGB on BTC-e.
If you mapped a correspondence to the lowest denomination of CGB (one satoshi) to the lowest denomination of the USD (one cent), you get the following:
CB USD
.00000001 .01
.0000001 .1
.000001 1
.00001 10
.0001 100
.001 1000
.01 10000
1 100000
So, potentially, the money value represented by CGB's total coins is $100,000,000,000 (Do you know how many countries have a money supply of worth $100 trillion...heck, how about $100 billion? Not many at all.)
Not saying 1 CGB will represent a value $100,000 at all. But what I'm saying is that the dollar amount and total market supply represent the M1 money supply, which in turn can provide the stimulus for a strong M2 supply.
Let me know if I eased your concerns.
Have a nice day
early miners have advantage if that coin succes, but what if that coin falls?!?! They waste their money
Not enough coins, huge advantage to early miners. Doubt it but good luck.
What advantage did Satoshi have mining early? Enough has been said. Is this from crack?
Not enough coins for what? For you?
Satoshi sat by himself and mined BTC for months...hell, BTC was a nerdy little secret for a year before reaching any kind of notoriety. Don't give me that 'early miner benefit' bull shit. lol
The "not enough coins" argument is laughable, from a money supply perspective. It shows mathematical ignorance. Mainstream media also laughed at Bitcoin because it's "finite" but currency needs to be abundant so to flow, which is a statement of ignorance as well.
Here's some basic math to show it depends on the dollar amount and money supply. And just an FYI, there are coins with half the supply of CGB on BTC-e.
If you mapped a correspondence to the lowest denomination of CGB (one satoshi) to the lowest denomination of the USD (one cent), you get the following:
CB USD
.00000001 .01
.0000001 .1
.000001 1
.00001 10
.0001 100
.001 1000
.01 10000
1 100000
So, potentially, the money value represented by CGB's total coins is $100,000,000,000 (Do you know how many countries have a money supply of worth $2 trillion...heck, how about $100 billion? Not many at all.)
Not saying 1 CGB will represent a value $100,000 at all. But what I'm saying is that the dollar amount and total market supply represent the M1 money supply, which in turn can provide the stimulus for a strong M2 supply.
Let me know if I eased your concerns.
Have a nice day
Not enough coins, huge advantage to early miners. Doubt it but good luck.
What advantage did Satoshi have mining early? Enough has been said. Is this from crack?
Not enough coins, huge advantage to early miners. Doubt it but good luck.
What advantage did Satoshi have mining early? Enough has been said. 
[ANN] CGB's MADEsparq Project: Made Alignment Data Exploration
https://bitcointalksearch.org/topic/cgb-cryptogenic-bullions-madesparq-project-made-alignment-data-exploration-335955
https://bitcointalksearch.org/topic/cgb-cryptogenic-bullions-madesparq-project-made-alignment-data-exploration-335955
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