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Topic: Titcoin™ [TIT] | New Developer | Discussion Forum (2016 XBIZ Awards Nominee) - page 14. (Read 65332 times)

legendary
Activity: 1453
Merit: 1030
You're planning on giving away 1/69 of the supply? Hm.
member
Activity: 142
Merit: 10
Thanks for the support.

No news to report today... except for a Polish magazine emailing me asking questions for an article their writing. It seems Titcoin is getting a lot of publicity over in Europe. As I mentioned earlier, the news will most likely start to die down over the next few weeks. However, the Amsterdam bar is still going forward with their event towards the end of October or early November. This means that although news will start dying down now, it will most likely kick back up again before their event. Once I find out the exact date, I'll post it here. And if you happen to be in Amsterdam, feel free to swing by the bar.

And yes... they want to also accept Titcoin payments at the bar. I know this is possible through CoinPayments since they have a PoS (point of sales) tool. We don't currently have instructions for setting that up, so I'll have to find someone to write it up for them.

It doesn't look like any American news publications picked up the articles from last week. I'm not super surprised since this is primarily a local Amsterdam event. But I do have a feeling that as the event date approaches, the buzz might reach the ears of a few writers over here who might end up writing a humor piece about the whole thing. If that happens, you can be sure news will explode in the US. That's just speculation of course based on past history.

I also haven't heard back from the 3 people who emailed us last week. I think what I'm going to start doing over the next few weeks is to do a big followup with every business that has contacted us over the last year (there's at least a hundred) just to see how they're doing and to see if we can help them set things up. I think most of them contact us on a whim because they read about us somewhere, but then got distracted with other businesses activities and simply forgot. So that's my to-do list for now.

Lastly, our price has been on the rise over the past week. I attribute this to a new audience of investors from Europe due to all the news there. Even more important, the price increase has been on a steady rise and not a one-day spike (although if you look at the market today it does look like someone or some people are trying to set up a pump tonight). A steady rise means that more investors are entering the market and holding onto their Titcoins. Price spikes mean opportunists are looking for a quick buck before jumping out. This is why I like the steady rise and am typically against any artificial pumping. I'm also realistic that this steady rise is still based on speculation over last week's news which will probably die down for at least several weeks.

Whether the price holds at around today's level is still a question. But if long-term investors are the reason for the price rise, it means that there's a lot of support in the market to keep the prices at near current levels. In any case, we know what the market value of Titcoin has been over the last 3-4 months. I can safely assume that it will be difficult for Titcoin to trade below 100 satoshis... and here's why:

I can probably account for approximately 1/3 of all issued Titcoins based on the holdings of several of our high stakes investors, partners we've already distributed Titcoins to, and our own holdings. So realistically, there's probably only 20 million Titcoins in circulation (or on the exchanges) at the moment. Plus, we've infused several BTC into the market at the lower end to make sure the price doesn't go below 100 satoshis. In fact, we have buy orders for around 5 million Titcoins in total across the various exchanges. And we have some BTC in reserve in case of emergency to support the price. Naturally, if the market decides to dump all of its Titcoins, we won't be able to stop that. However, I believe that's only a remote possibility, and we've infused enough BTC into the market to keep the prices steady at a minimum price of where it's been hovering over the last half year.

I'm glad to see the increased support in the market, and if you've made a few extra bucks over the last week I'm happy for you guys, too. I just want to remind everyone that we don't get involved with pumping our coin, and our only involvement in the market is to ensure a floor price based with our own funds.

I almost forgot one more thing, I was talking to my partners about kicking off some more giveaways over the coming months. We're trying to come up with something clever and fun besides the standard Titcoin giveaways. However, we have an idea for something we're planning for next February. It'll be a contest where the possible giveaway to one lucky person could be over a million Titcoins. We're still working out some of the details, but it'll give everyone something to look forward to... and it'll be fun.

sr. member
Activity: 404
Merit: 250
Beware
Good to see some activity at this forum also Wink
member
Activity: 142
Merit: 10
It appears news has reached Finland now. In any case, I don't expect this publicity to be ongoing over the next few weeks since this event is tentatively scheduled for the end of October or early November. It might pick up the closer to the date. I did push out a Press Release here in the United States on Friday so it's only a guess if any American media will pick it up. They usually don't look at PR over the weekend so hopefully tomorrow morning we'll get a mention somewhere.

We also got another bar interested for a total of 3. This could very well turn into a Titcoin day with participating bars from around the world accepting Tits for Beer. We need to work with the Amsterdam bar to see if that sounds like a good idea to them. If so, we'll get planning on a Titcoin day which can get more bars involved to hold a charity event for breast cancer.

I try not to work over the weekends as I used to all last year. But I did have some urgent emails to write today. I just sent off an email to the new bars that contacted us. More importantly I responded to the escort company that contacted us. They're basically creating a network of escort sites each with different niches (about 100 different websites). Naturally, the whole Ashley Madison hack seems to convince these businesses that it would be in their best interest to find ways for their customers to pay more anonymously. This seems like a pretty good lead so hopefully this will turn into some.

And sadly, I still haven't heard back from xHamster yet. If anyone wants to help give them a nudge, feel free to vote and add a comment to our request on their site at:

http://suggestions.xhamster.com/forums/59059-general/suggestions/7016455-accept-titcoin-payments-in-addition-to-bitcoin

Hope everyone is having a good weekend.

member
Activity: 142
Merit: 10
Thanks for the update!  It's been exciting seeing TITCOIN trending the past 24 hours.  Since it wasn't mentioned in your update can I assume there wasn't any new information that came out of your xhamster meeting? 

xHamster is still thinking about it. Mainly they have a lot of different internal projects their working on so they are assessing whether this is a business priority for them to assume the development costs. This has been the type of response we usually get from businesses. But at least it's on their radar, and if their dev resources free up some time, it would be a very easy thing to implement on their site. We'll keep checking in with them to see how things go since this is a pretty good lead that we have.

In other events, it appears the news has spread from Holland and now to Poland and Hungary media. I'm basing this on the the languages I'm starting to see in our newsfeed.

As a result, we've received 2 new inquiries yesterday. One is a European based escort service with several dozen different websites that want to accept Titcoin. Another is a bar in Hungary that wants to do the same event as the one in Amsterdam. If more bars inquire, we could possibly look into having a formal Titcoin Day. That would be interesting.

legendary
Activity: 1470
Merit: 1010
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newbie
Activity: 39
Merit: 0
Thanks for the update!  It's been exciting seeing TITCOIN trending the past 24 hours.  Since it wasn't mentioned in your update can I assume there wasn't any new information that came out of your xhamster meeting? 
member
Activity: 142
Merit: 10
Here's the latest update. I spoke with the bar again this morning and they are still moving forward. They're actually pretty excited about it and are doing a pretty good job of getting Dutch press coverage including Dutch Esquire Magazine. Hopefully some of this will spill over into some mainstream English publications which I can see happening.

There was one negative article that came out by Dutch Vice Magazine which basically claimed all of this was a hoax because of the fake PornHub video that came out last year. Naturally, other publications picked that up and ran the same story. This is resulting in a lot of "Titcoin is fake" posts on Twitter now which is unfortunate.

I'm doing some damage control to remind everyone that Titcoin is real. Also, the writer of the Vice article contacted me this morning for clarification and I really gave her a piece of my mind. Hopefully she'll modify the article or at least publish a clarification that Titcoin is real.

But the good news is regardless of the publicity (good or bad), it has had a direct impact on raising awareness of Titcoin as seen in our traffic numbers. Yesterday alone, we had over 50,000 visitors to our website in one day alone which means people are learning about us.



legendary
Activity: 1453
Merit: 1030
Hi, just read the article below, it states that the owner of a bar in Amsterdam plans to start accepting women breast pics for beer in november.
If a woman lets her boobies be photographed, the owner uploads the photo to titcoin (it really says this in the article, which is kind of weird, as the orignal titcoin promo vid mentioned an app that uploaded the pic to pornhub)
and in return gets 1 titcoin.

I'm afraid the owner and the journalists failed to see that the pornhub promo was meant as a joke.

http://www.at5.nl/artikelen/147421/vrouwen-betalen-bier-met-borsten

News outlet 'Vice' researched the topic and stated pornhub and pink ribbon are in the dark about the project and won't participate.

So, all in all, it looks as if it's a publicity stunt for the bar.
member
Activity: 84
Merit: 10
Rough summary:

-Woman with the right breast size can get beer at a Dutch pub by showing their tits.
-The picture gets posted on Pornhub and they get Titanscoins
-The coin is created by Pornhub
-Part of the money goes to a charity that supports breast cancer awereness.
-A spokesman of Pornhub denies any link to the coin and the pub.
-The app is not to be found in the app store, so it all could be a PR stunt of the pub or a big joke.

That is roughly what I can translate in big lines from the articles.
newbie
Activity: 39
Merit: 0
Quote
Does anyone here speak Dutch?
I would post this request in the altcoin Netherland forum https://bitcointalk.org/index.php?board=79.0  Your sure to get help there.

Thanks for the exciting updates!  xhamster would be a huge score for TITcoin and I wish you guys the best of luck today.  Keep up the great work! 
TITCOIN already on the rise, let's hope we can keep up this momentum!

http://s4.postimg.org/k0n9epfvt/B1sh_Ni_KCEAEPPq_S.jpg
member
Activity: 142
Merit: 10
Does anyone here speak Dutch?

A few months ago we were approached by a nightclub in Amsterdam to help promote a breast cancer awareness event. A few months went by and we hadn't heard back until yesterday. They are going forward with this and have already started promoting the event in the Dutch media. Today the Dutch newsfeed is exploding with Titcoin mentions, and unfortunately we're not able to easily translate everything.

I was wondering if any Dutch speakers could do a quick scan of Titcoin mentioned articles, and perhaps give us an idea whether the news is positive or negative (with links to the articles you come across)?

thanks a bunch

member
Activity: 142
Merit: 10
Hope everyone had a good summer.

Just letting the community know that we're in the process of re-connecting with all of our contacts again. The Bitcoin market has been getting a lot of positive buzz lately so it appears the market will be turning towards upwards again. More specifically, major financial institutions are looking into Blockchain technology which will naturally have a positive halo effect on the overall cryptocurrency markets. Naturally, this isn't an overnight thing, but it is a sign that crypto isn't dead and will become more widely adopted as we all anticipated years ago.

A couple of new leads to announce. We finally got xHamster interested in us. In case you're not familiar, they're one of the biggest free porn sites out there rivaling PornHub. Here's a Tweet as proof:

https://twitter.com/xhamstercom/status/643005835296141313

We have a discussion with them scheduled for this Wednesday. In light of the current Bitcoin controversy, our recommendation to them is to accept Altcoins in addition to Bitcoin. If you're not aware, Bitcoin has a scaleability issue (as we've always known) that their community is trying to solve with a forthcoming (and disputable) hard fork. The problem they're trying to solve is the limit on the number of transactions that can be processed per 10 minute block. Another competing solution is to create something called a Sidechain. The result of this scaleability problem is that as Bitcoin grows, the delay in transaction times will continue to increase making Bitcoin pretty much useless as a transactional currency.

It's our opinion that they're trying to solve a problem that doesn't need to be solved. Increasing the block size is not a long term solution since they will continue to run into the same problem year over year since it's impossible to predict future growth and adoption. There are also a ton of other problems with this solution which you can easily Google for more information. As for the Sidechain solution, that already exists today and it's called Altcoins.

A more logical solution which doesn't require a Bitcoin fork at all is to organically allow Altcoin Blockchains to bear the heavy burden of micro transactions, while utilizing Bitcoin to process bulk settlements and to serve as a storage medium. A consumer can make a bulk purchase of Bitcoins, and subsequently convert into various Altcoins for rapid merchant payments. A merchant can accept Altcoins which automatically gets converted into Bitcoins, and subsequently make a bulk settlement to convert into $US dollars. All of these conversions can happen behind the scenes which is why we've mentioned multiple times that the ultimate 'killer app' for crypto would be some type of multi-currency 'bank' where you can store an infinite number of currencies (e.g. fiat, crypto, points), and easily convert/transfer from one to the other for specific purchases. This is also why we're excited about our adoption into the PayServices platform which is exactly what they are trying to do.

In any case, we hope that xHamster will see the benefits of accepting Altcoin which will not only benefit us, but also other Altcoins. This is just a discussion we're having with them this week and not a formal commitment so I don't want people to get their hopes up just yet. Wish us luck and fingers crossed.

On another side note, one of our old friends is taking another look into cryptocurrency. Her name is Bella Vendetta and she's one of the top performing 'alt' porn stars with her own websites and production studio. Here's a recent tweet from her:

https://twitter.com/BellaVendetta/status/641614955243012097

Stay tuned for more developments as they arise, and I'll be sure to post news here about any progress on our leads (both positive and negative of course).

cheers

edward

member
Activity: 142
Merit: 10

Block Reward has been updated to 34.5. We successfully halved this evening which means the supply of Titcoins entering the market will decrease.
member
Activity: 142
Merit: 10

Here's some more information about PayServices.

One of their primary services is multi-currency banking where you can store over 150+ different currencies with a single account. This includes 130 different fiat currencies (e.g. US Dollar, Euro, Yen, Yuan, Pesos) and 20 different cryptocurrencies (e.g. Bitcoin, Dogecoin, Litecoin, Titcoin). They also support cross-currency conversions (based on current market prices) from one currency to another.

The most impressive part of their service is a debit card that you receive which can be used in almost every ATM machine in the world. In other words, you can withdraw from an ATM fiat currency in your locality while funding it using any currency you possess including cryptocurrency.

This is the type of service that will transform how we use money, and fortunately Titcoin is one of a few cryptocurrencies that were accepted into their platform.

In other news, all newbie guides have finally been written. We get a lot of the same questions over and over again so we made it easier for merchants to better understand how all of this works. Our FAQ answers about 80% of the common questions we receive which will exponentially free up our time to focus on business development activities.

http://www.titcoins.biz/faq-contact-us/

We've also broken out specific guides in case the community wants to point prospective merchants to information:

How do you install a Titcoin wallet on your home computer?
http://www.titcoins.biz/faq-contact-us/titcoin-guide-how-do-you-install-a-titcoin-wallet-on-your-home-computer/

How do you create an online Titcoin wallet?
http://www.titcoins.biz/faq-contact-us/titcoin-guide-how-do-you-create-an-online-titcoin-wallet/

How do you create a paper Titcoin wallet?
http://www.titcoins.biz/faq-contact-us/titcoin-guide-how-do-you-create-a-paper-titcoin-wallet/

How do you accept Titcoin payments using CoinPayments?
http://www.titcoins.biz/faq-contact-us/titcoin-guide-how-do-you-accept-titcoin-payments-using-coinpayments/

How do you accept Titcoin payments using CoinToPay?
http://www.titcoins.biz/faq-contact-us/titcoin-guide-how-do-you-accept-titcoin-payments-using-cointopay/

How do you convert Titcoin into $US Dollars?
http://www.titcoins.biz/faq-contact-us/titcoin-guide-how-do-you-convert-titcoin-into-us-dollars/

How do you solo mine Titcoin?
http://www.titcoins.biz/faq-contact-us/titcoin-guide-how-do-you-solo-mine-titcoin/

These guides will be very helpful whenever we respond to the random emails we receive.

Please take a look and let us know if there's anything that we missed.

member
Activity: 142
Merit: 10
Here's an update since my last post.
 
Check out PayServices.com. They had a bit of a hiccup over the summer due to the Greece Euro crisis.  However, today Titcoin has been added to their platform. They are well funded and have big ambitions to develop the next generation crypto / multi monetary payment processing platform. This is yet another example of our efforts to simplify Titcoin acceptance and increase adoption.
 
https://www.payservices.com/currency.php?type=crypto
 
The GuccioneCoin partnership is still in place. If you recall, we met with Nick Guccione personally last year to discuss his coin and future plans. He's trying to launch a new high end erotica magazine and he now has a reality show pilot tentatively scheduled to air in December. We are in the process of transferring a portion of their premine to us which we will give back to the Titcoin community.
 
So that's the latest. Feel free to comment as usual.
member
Activity: 142
Merit: 10
Latest update.

A new dominatrix has started to accept Titcoin for her services. What is most promising is that she is in the process of developing her own crypto-cam website with 10 models already signed up... who plan to accept Titcoins. What we should point out is she reached out directly to us instead of us contacting her. This is an example of how well-known Titcoin is in the adult industry, and we should continue to receive inquiries like this in the future.

To dispel any rumors, we are NOT going to be delisted from CoinPayments payment processing. They will be making an announcement within the next few days to confirm that we are still part of their crypto payment processing services.

I finally spoke to the GuccioneCoin team about our future partnership. Long story short, they will be giving us a portion of their pre-mine which we will be distributing back to the Titcoin community in some fashion. More details to come on how much and how it will be distributed.

Bleutrade has decided to delist all of their adult cryptocurrencies. However, they still maintain the wallets so if you have any Titcoins on their exchange, please transfer them to another wallet.

I hope everyone is enjoying their summer!
legendary
Activity: 1007
Merit: 1000
NEW TITCOIN POOL IN OPEN BETA!
~http://titcoin.latenightminers.ca~

-MPOS/NOMP with VARDIFF on port 1339
-LOWDIFF PORT on port 1340
-HIGH DIFF PORT on port 1341
-0% Mining Fees (any donation goes to server upgrades)
-Workers are auto-added on first connect.
-79 blocks and counting!

~HASH YOUR HEART OUT~
full member
Activity: 232
Merit: 100
Slugmonkey has shut down mining for a few days Please withdraw your coins.

http://titcoin.slugmonkeypool.net/index.php
member
Activity: 142
Merit: 10
Hi,

I wanted to post a couple of works in progress.

I received word that Titcoin is going to be added to PayServices.com thanks to our friends over at BitCentavo. I haven't fully explored their merchant offerings yet, but this looks like something that will give merchants more options to integrate Titcoin into their payment platform (including offline Point of Sales proessing). July 1st is when they said it would be tentatively added, but that's just a ballpark. I'll make a more formal announcement when I get a confirmation.

Second, our conversation with Nick Guccione (aka Penthouse Magazine) has started up again. Long story short, he's interested in developing an adult coin for his lines of business, and asked us to help him. In exchange, he's going to pair and accept Titcoin on his various eZine platforms. In addition, we will be getting a share of their premine which we will be offering back to the Titcoin community either as an exchange or giveaway. This is all preliminary as we hammer out the details.

Talk soon
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