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Topic: What will happen to your favorite alt-coin? - page 7. (Read 17270 times)

newbie
Activity: 42
Merit: 0
To any business owner wondering: "well why would people mine my coin?"

When you post about a new coin in this altcoin thread section, and you put the title as [ANN] *Your* Coin -For X-ers (writers, bloggers, youtubers, or whatever kind of people you want to get paid)

People will mine your coin JUST FOR FUN. And some people can mine 2 coins or more at once, and you can also add to the thread that you will pay someone a bounty of coins to create a merge mine pool. Which means that anyone who mines your coin, would also mine bitcoin at the same time, which makes it more likely that they would want to do it.


 i agree, but now it is difficult time for new coin to get through

That is because new coins don't have purpose right now.

If a company that ALREADY had a community supporting it were to make a coin, and share the link to their coins thread every once in a while on facebook, and email everyone they have on any email list (telling them all that they can EARN instead of mine or buy the coins), the coin would become more popular than most alt coins, just over night.
full member
Activity: 154
Merit: 100
To any business owner wondering: "well why would people mine my coin?"

When you post about a new coin in this altcoin thread section, and you put the title as [ANN] *Your* Coin -For X-ers (writers, bloggers, youtubers, or whatever kind of people you want to get paid)

People will mine your coin JUST FOR FUN. And some people can mine 2 coins or more at once, and you can also add to the thread that you will pay someone a bounty of coins to create a merge mine pool. Which means that anyone who mines your coin, would also mine bitcoin at the same time, which makes it more likely that they would want to do it.


 i agree, but now it is difficult time for new coin to get through
newbie
Activity: 42
Merit: 0
To any business owner wondering: "well why would people mine my coin?"

When you post about a new coin in this altcoin thread section, and you put the title as [ANN] *Your* Coin -For X-ers (writers, bloggers, youtubers, or whatever kind of people you want to get paid)

People will mine your coin JUST FOR FUN. And some people can mine 2 coins or more at once, and you can also add to the thread that you will pay someone a bounty of coins to create a merge mine pool. Which means that anyone who mines your coin, would also mine bitcoin at the same time, which makes it more likely that they would want to do it.
newbie
Activity: 42
Merit: 0
hero member
Activity: 727
Merit: 500
Minimum Effort/Maximum effect
We must not forget the power of this technology.

What is this revolution taking us to? What is it?

This is a paradigm shift where the problem of monetizing Value has become moot; This technology allows us to do that, we can monetize any value that people are willing to support.

Anyone can now fund a cause by quantifying their contribution, whether it is by money, moral values, admiration, or any factor, this technology has truly created programmable rewards in a very complex ecosystem.

And this technology is free for everyone... just think about that; You no longer have to wonder, " how am I going to fund that cause?" What are the market constraints against what can be done with the power of human belief? none, the market value of a coin becomes it's native support among the population and the awareness of that cause.

The old world used to trade different objects for their perceived value, innovation and difficulty to make, we called it barter, but were limited by the needs of others and the transportability of those objects; This created limitations on the scope of trade.

so one day we invented money, a object, an idea that could be exchanged for anything material and could convince others to work for it to trade, this had it's limitations. The idea of trading objects/actions for objects/actions, became objects/actions for money for objects/actions, without that initial object you could not fund change to convince others toward your cause; It was limited in how abstract motives and actions could be funded," the availability of objects became the inherit limit of this technology called money."

But, this new paradigm?... it is value/belief for money for objects/actions. This new technology can fund change without the constraints of needs and wants, you can change someone's life by just belief alone, you don't even have to ask for a loan from the bank... you just have to believe in what you are doing. Quantify the efforts and contributions from the true believers of your cause and they will reward you in ways that the old system could never do.

When anyone can create money what can you fund?

All you have to do is create a double Proof of Work, Use Bitcoins POW or Litecoins scrypt, merge mine with them to gain instant security and mining power, and then distribute your coins for a cause, the work that others do is the second Proof of Work.

now anything can be funded, and the ecosystem of the Cryptocoins can thrive in a complex array of markets, not just for objects or money, but markets that gauge the demand and supply of human needs and values that before could not be monetized.

 A market where causes, beliefs, movements, ideas can be traded; The ebb and flow of the collective thoughts of humanity.


Just wait till Open Transactions is fully operational, then you will know what I am talking about, May a thousand currencies bloom.
 
newbie
Activity: 42
Merit: 0
@Spoetnik

Is this proof enough it is me?


~BCX~

I'm confused...

supposedly BCX claimed he was going to attack two coins soon possibly he stated on Cryptsy chat
and i asked him how do we know its really you.. so he posted that to confirm his identity.

Oh damn.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
@Spoetnik

Is this proof enough it is me?


~BCX~

I'm confused...

supposedly BCX claimed he was going to attack two coins soon possibly he stated on Cryptsy chat
and i asked him how do we know its really you.. so he posted that to confirm his identity.
newbie
Activity: 42
Merit: 0
@Spoetnik

Is this proof enough it is me?


~BCX~

I'm confused...
newbie
Activity: 42
Merit: 0
you my friend have a remarkably slanted point of view.

LOL.

No "this won't work because..." or "no this niche is already completely filled by..."

Just "You're wrong", that is all you have to say? LOL
hero member
Activity: 686
Merit: 504
always the student, never the master.
you my friend have a remarkably slanted point of view.
newbie
Activity: 42
Merit: 0
If anyone wants to make coins for people, I suggest letting them know in this thread, as I have been sending a link to this thread to major companies that have pages on Facebook.
newbie
Activity: 42
Merit: 0
not exactly a good site when the register button takes you to "Page not found"...Smiley I am curious how many TAG you might generate in 24 hours with a 5ghs erupter..:-) - anyone tell me?.

It's brand new. The guy from IGotSpots gave me the links, so I'm pretty sure it's safe, just having problems like Obamacare, lol.
hero member
Activity: 627
Merit: 501
not exactly a good site when the register button takes you to "Page not found"...Smiley I am curious how many TAG you might generate in 24 hours with a 5ghs erupter..:-) - anyone tell me?.
newbie
Activity: 42
Merit: 0
http://workforcrypto.com/?job=mine-any-of-your-favorite-sha-256-coins-with-5ghs-usb-asic-block-erupter-for-you-for-24-hours
http://workforcrypto.com/?job=mine-any-of-your-favorite-sha-256-coins-with-1ghs-usb-asic-block-erupter-for-you-for-24-hours

These links take you to someone that will mine for you for 24 hours. If you apply the mining to TIX, you not only get mining shares, but you also have a chance of winning the TIX coin lotto Smiley (It is released every certain number of blocks)

Making it the only lotto you can play that pays out no matter what (via shares) while also entering you in the lotto.
newbie
Activity: 42
Merit: 0
CRYPTO-COIN JOBS: http://workforcrypto.com/ (Do Random Jobs for TIX or DVC Like Fiverr)
newbie
Activity: 42
Merit: 0
Your altcoin will only rise in price if it is used - the principle of Velocity of Money - it becomes valuable if it changes hands a lot, the more it does, the more value it has. Alt Coins cannot survive purely on the speculative hope that maybe they may rise in value to that of BitCoin - that train has already left the station. So do your part and get it in use..get your friends, relatives and anyone you know to take your choice of altcoin in exchange for something or doing something of value..Smiley
Make an ATM for your altcoin, place it somewhere. The result? It will be much higher than any other alt out there..  Tongue

If you have an ATM, you must make sure that the coin can be used many places first. At least online.
newbie
Activity: 42
Merit: 0
Your altcoin will only rise in price if it is used - the principle of Velocity of Money - it becomes valuable if it changes hands a lot, the more it does, the more value it has. Alt Coins cannot survive purely on the speculative hope that maybe they may rise in value to that of BitCoin - that train has already left the station. So do your part and get it in use..get your friends, relatives and anyone you know to take your choice of altcoin in exchange for something or doing something of value..Smiley


Agreed, the main thing that alters the price of coin. Altcoins AND Bitcoin, is what the public has been told about them recently, and how widespread the announcement was.

Ex: Recent explode comes from Chinese BTC TV broadcast + Canada getting a BTC ATM

This is not a "market" (in the exact sense of the stock market or forex) yet. It is a new resource that the world has yet to discover (for the most part). It is A LOT like forex, but a completely undervalued and underused version, and that room for growth means EVERYTHING.
newbie
Activity: 42
Merit: 0
In addition to my suggestion of school based and community coins for groups or businesses...

Imagine if instead of other forums hating on coins (It's basically taboo on most forex forums, and other forums to mention coins and tell people to buy them) , it became a trend on the internet for forum owners to come here and find coin creators, then get coins created for their forum.

What if we had a trend of FORUM based coins. Kinda like how this forum is based on bitcoin, so it exploded. If a forum with millions of daily hits (say...GaiaOnline, since it is a major forum that already uses coins, and has a largely non-bitcoin crowd as of now) started a 50% mine-able, limited production coin (instead of the coin they have now which you earn for doing things on the site, but can not be taken off the site, and is like WoW gold instead of bitcoins). That coin would probably be the most popular altcoin OVER NIGHT.

We just need to realize that altcoins are never going to over take bitcoin, all they can hope to do is support it.



If you say so then tell me why ppl buying altcoins

Can you rephrase this? I'm confused about what exactly you are asking.
They buy them because they see value in the mining community. I am not suggesting that mining communities are obsolete, I am suggesting that they will change in the near future to accommodate others.
newbie
Activity: 42
Merit: 0
i only hope my altcoin price will rise Cheesy

Are you a Devtome writer?
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