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Topic: Why does bitcointalk not issue a separate coin? - page 2. (Read 493 times)

member
Activity: 560
Merit: 10
Though there are some forums that have their own coins but their motive behind it is to motivate users to post more on  the forum. Bitcointalk forum members are driven by internal motivation so I wonder what the use case of the coin will be.
copper member
Activity: 490
Merit: 2
It would be a great idea, because they have a working product for a long time and even members are so valuable on this forum. I cannot even imagine how good a BTT coin is going to be, so it is the question to the admins.
member
Activity: 573
Merit: 11
I actually dont see any reason for bitcointalk administrators to have their own coin. I dont think it will make any sense because bitcointalk is not a company, its a forum where everything about cryptocurrency are being discussed. I believe the administrators know what's good for this platform than coming up with its own coin.
legendary
Activity: 3192
Merit: 1198
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More and more new projects are born. For a successful project, the bitcointalk forum is an important step in promoting the project. So why does bitcointalk not issue its own coin to manage and make requests for projects to post on the forum. Like a project running IEO on exchanges, bitcointalk acts as the exchange for the purpose of minimizing phishing projects. Help forum remove spam messages

What will make Bitcointalk's created coin different from the other coins in the market, I don't see the point of creating one, this is Bitcoin forum and they just allow altcoins discussions here, it will create contradiction and it might create confusion and lost trust.
full member
Activity: 407
Merit: 100
DIA | Data infrastructure for DeFi
Because bitcointalk is not running by crooks and they don't want to add another shitcoin to ecosystem just to fill their pockets.

a) It would make absolutely no sense creating another coin for a forum called "Bitcointalk".
b) Bitcointalk was created by Satoshi and therefore it already got its own coin which is Bitcoin. Grin BTC

I agree with you . This forum is now well known and this is where Satoshi released Bitcoin for the first time in this market, so issuing new coins is unnecessary. I think this should only be a place to discuss issues around this market because this is the best source of knowledge for me. Maybe this is a good idea but I will not support the issue of coins in this forum because it does not help much in investing.
full member
Activity: 822
Merit: 100
More and more new projects are born. For a successful project, the bitcointalk forum is an important step in promoting the project. So why does bitcointalk not issue its own coin to manage and make requests for projects to post on the forum. Like a project running IEO on exchanges, bitcointalk acts as the exchange for the purpose of minimizing phishing projects. Help forum remove spam messages
I can't dispute the fact that bitcointalk contribute to the success of a project but creating a new coin is not needed, there is satoshi already it's being requested for on bitcointalk in order for some btt account to be able to post.
full member
Activity: 891
Merit: 100
Oikos.cash | Decentralized Finance on Tron
This is a good idea, but in this case, this forum will turn into a commercial project and will lose its value. I think that the forum does not need it
sr. member
Activity: 798
Merit: 250
CurioInvest [IEO Live]
Because bitcointalk is not running by crooks and they don't want to add another shitcoin to ecosystem just to fill their pockets.
jr. member
Activity: 278
Merit: 1
simply getting the job done
More and more new projects are born. For a successful project, the bitcointalk forum is an important step in promoting the project. So why does bitcointalk not issue its own coin to manage and make requests for projects to post on the forum. Like a project running IEO on exchanges, bitcointalk acts as the exchange for the purpose of minimizing phishing projects. Help forum remove spam messages
As far as I know the forum was created at the same time as bitcoin. This implies that most likely the forum was created by Satoshi Nakamoto. The forum has a coin and it is called bitcoin.
hero member
Activity: 2324
Merit: 504
This forum supported a token project called Howey.
Your idea is to fully monetize this forum whereby new ICO/ieo and sto projects needs to pay in order to create a new announcement thread but this will reduce the forum popularity as time pass on because human being likes anything that worth fortunes but come free or extremely cheap.
Isn't theymos just try to give a lesson to the ico participants to be careful with any ico they involved with?

If you are watching the whole of howey thread and that just like a joke coin that created to test the awareness of the ico participants but so many people could even understand the purpose of that coin.
hero member
Activity: 2926
Merit: 567
The name of this forum is Bitcointalk it's all about Bitcoin, if they are going to release their own coin people will have confusion on what coin they are primarily supporting, it's like turning their back to Bitcoin and one of the founder of this forum Satoshi Nakamoto, so it's better that they do not.
member
Activity: 215
Merit: 99
They will need a solid team for this Theymos can't handle it by himself and even the DT members are having a hard time to keep this forum clean as you can see it would need a lot of work and this forum is a forum not an exchange this supposed to be an open forum to everyone to discuss. An advertisement might be suitable for forum but an exchange or implementing a new coin, I think it would need a lot of work to make that happen.
copper member
Activity: 376
Merit: 1
I do not really like the idea of different platforms that was established for a different purpose deciding to have their own coin, this is making the space to look somewhat unserious and bastardised, seeing some platforms like Facebook and telegram doing this pisses me off. Soon Twitter, Whatsapp and co will join
full member
Activity: 742
Merit: 121
The forum was created for Bitcoin-related communication. And the point is to release another coin to accept payments. Already have a large number of ready-made solutions.
legendary
Activity: 2240
Merit: 4133
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Think of it in this way, the forum was built mainly to discuss issues relating to bitcoin and from the forum's name Bitcointalk you should get the idea the forum already has a coin and it's Bitcoin. The forum doesn't moderate altcoin so there isn't a need for what you just suggested. Every project is free to create an ANN thread or carryout a bounty campaign on the forum, it's left for you as an investor to invest wisely, the forum doesn't moderate scam either.
hero member
Activity: 2814
Merit: 578
Well, I think this has been a topic before and there will be no bitcointalk coin or anything that's related to it. This is "BITCOINtalk" and you already see that there's one specific coin that the forum supports and that is no other than bitcoin.

Bitcointalk's purpose isn't to create its own token or promote altcoins though it became a home for cryptocurrency because this is the main forum. But what you are thinking will not happen for now.
hero member
Activity: 1484
Merit: 516
You can see what the bitcointalk name is = talk bitcoin or talking about BTC and the development of industries related to BTC. A separate coin I thought was not good for this community that favored BTC as the spear of the forum. AFAIK the main point of the forum is to discuss and share knowledge for the development of cryptocurrencies, but for the progress of the forum I agree and give it to those who take care of this.
Ps- If I'm wrong please let me know Wink
legendary
Activity: 1792
Merit: 1283
This had been discussed a few times and with the evolving technology, it would not be a surprise if the forum comes up with its own tokens.
The merit system could be made decentralized, not exactly as such but a complex rewarding system. It could further make it easier to manage the merits. As long as the trust system works and the account data managed by the administrator, there would be no abuse of it.

Well it has been discussed before, but AFAIK Theymos decided against it.
You should still be able to find the thread in the Meta boards, but I can't seem to find it myself Tongue
full member
Activity: 952
Merit: 104
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More and more new projects are born. For a successful project, the bitcointalk forum is an important step in promoting the project. So why does bitcointalk not issue its own coin to manage and make requests for projects to post on the forum. Like a project running IEO on exchanges, bitcointalk acts as the exchange for the purpose of minimizing phishing projects. Help forum remove spam messages

If they make their own coins then this would not be a forum anymore. This will be more like a site in which they manage the promotion of new projects. This forum is made for New comers to learn and explore more about Bitcoin and cryptocurrency and not intended to regulate new projects.
hero member
Activity: 2842
Merit: 772
More and more new projects are born. For a successful project, the bitcointalk forum is an important step in promoting the project. So why does bitcointalk not issue its own coin to manage and make requests for projects to post on the forum. Like a project running IEO on exchanges, bitcointalk acts as the exchange for the purpose of minimizing phishing projects. Help forum remove spam messages

You mean to say we will be part of a pump-and-dump? No, I don't think that Theymos will allowed such things to happen because of negative effects in can bring to this community.

And besides, this community will thrive from donations and ads from different members here. If Theymos wanted to remove spam messages here, he could simply stop all bounties campaigns.
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