Summercoin added to Bidcoind.com as a payment method to buy / sell goods and services with Summercoin.Generate buzz for Summercoin by listing quality items for sale totaly free of charge and merchant mine MTC on the side,
www.bidcoind.comEveryone is talking about merchant integration for their coin, saying that theirs will be the one,
well if you don't start to demonstrate merchant application for it, then who else will?
CPI - The Consumer Price Index for all Crypto Currencies, what will say more about a crypto currency when there is more quality stuff for sale in exchange.
The API for true trade volume based on actual goods and services. The real economic indicator for a crypto currency.
EXAMPLE:
"user wsxrfv made 1375 MTC at the current exchange rate of 0.17 USD per MTC just for listing an item for sale in exchange for Summercoin."
Casper just listed an item for sale on Bidcoind.com, he is selling his old laptop in exchange for Summercoin,
like that is not good enough he is mining 1 MTC block after block at the same rate as the Marinecoin network speed just for listing it.
if someone else does not list an item soon after him, Casper is going to be the richest man in the World.
Who's to stop Casper selling more items in exchange for Summercoin
Merchant Mining, No hardware required, mineable for the next 1000 years just like the Marinecoin Network Mining.
PAYMENTS & MERCHANTS
pay direct to the seller no middle wallet. start small, gain more feedback comments and go bigger soon your reputation will speak for itself more coins for more positive feedbacks from buyers.
Win Win Win situation
Sell quality stuff for your coin and generate publicity for your favorite coin +1
Get more of the coins you like by selling your new or used items + 1
Get Marinecoins on the side by merchant mining them without extra effort +1
your accounts are credited 0.5 MTC as gift good for listing upto 5 items with basic settings.
make sure you enter a valid Marinecoin client wallet address during registration but not a mobile or web wallet,
no listings for illegal items,
no spam listings items with picture and detailed description ONLY
valid user registration, do not use fake names fake address your account will be suspended
this is as serious as Ebay
Lisitings of 14 days minimum or longer duration required to qualify for mining block rewards
No listings under crypto currencies category, exchanging coins is not a merchant activity.
You will get results within 180 blocks on the network about 6 hours on target network speed, delayed 180 blocks payouts gives time to delist unwanted or illegal listings and listers who spam the site just for getting MTC.
There is feedback area after each successful sale, seller and buyer can give each other feedbacks the more feedback you have the more coins you make by selling your stuff more easyly.
if more than 1 person lists an item during the same block interval they share the block reward of 1 MTC, how ever if more than 10 people list an item in order for you not to lose your listing fee of 0.1 MTC, the reward auto doubles to 0.2 for each seller,
list an item mine block after block until someone else lists an item,
you can sell your items for Summercoin, you will still get merchant mined Marinecoins,
Mined coins auto cashout to your registered wallet when balance exceeds 5 MTC, but you can also cash out manually if you wish when your balance is below that.
goto
www.marinecoin.org to download your MTC wallet to receive your Merchant Mining Block Rewards
then goto
www.bidcoind.com register and list an item for sale in Summercoin and wait for the MTC rewards to flood in to your wallet,
Enjoy
Bidcoind.com
Direct contact to the dev for any questions:
[email protected]