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Author Topic: [ANN] FedoraCoin (TiPS); New style, new services, same unique features  (Read 181156 times)
id10tothe9
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October 19, 2014, 01:08:21 PM
 #961


cool the tools are getting easier and widespread I guess. I think we can use this or the others like counterparty or NXT to create asset based companies owned by the community. Now we need to see those projects getting built by us Grin

edit: added the link to the document in our think tank on gdrive, hope we'll use it someday soon.

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id10tothe9
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October 19, 2014, 01:13:49 PM
 #962


Good Question... I'm not able to find documentation on the technicalities that make the mixing work, though its based on the Masternode concept. Which can really work well in getting the TiPS out of the exchanges into mixing nodes.

I think the only documentation, as far as I could find, is the info in this thread. A copy of it is available on the Treasure Chest file, so if anything new we can add it there.

icanprogram, any additional info you can provide? you have access to the code? is this thing active or can we reactivate it etc?

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October 19, 2014, 01:54:56 PM
 #963


Bter still have the pair, i trade there too
https://bter.com/trade/tips_ltc

thanx, added!

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October 19, 2014, 02:03:19 PM
 #964


Ok guys ,sorry for my bad english  Grin .

This is the situation ;the second billionaire  ( http://richlist.chainexplorer.info/ ) is selling many billions at 7 Litoshi (like 6! OMG ) , I don't know why he wants kill TIPS market but he's doing...I hope you read my post and stop,aaand I invite all billionaires, to NOT sell before 1 Satoshi or 100 Litoshi !!!
Again, if we want to attract big  investors and developers , we need an higher market cap ,simply  Wink



actually what worries me is how big those first few wallets are. I mean almost 20% of all TiPS owned by one persone! and another 10% by another! so we have like a third of the entire (future!) TiPS cap owned by max 3 persons!
seems very unhealthy and worrying. this is the kind of stuff that scares other investors away. isn't that a problem, what do you think?
Also if we would switch to a POS algo, the first wallet which has now 40% of the actual coin count would grow proportionally if he staked and would still own 40% of the coins after all have been mined. I would actually welcome those whales to sell their coins now to make a better distribution!

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October 19, 2014, 02:05:05 PM
 #965


very interesting indeed! I guess yah we should ask them. you wanna do it? Grin

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October 19, 2014, 03:35:11 PM
 #966


very interesting indeed! I guess yah we should ask them. you wanna do it? Grin

Interesting, I'm a long time Tips holder, I never checked until today but glad that I'm in the top 50  Grin
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October 20, 2014, 08:28:04 AM
 #967


Ok guys ,sorry for my bad english  Grin .

This is the situation ;the second billionaire  ( http://richlist.chainexplorer.info/ ) is selling many billions at 7 Litoshi (like 6! OMG ) , I don't know why he wants kill TIPS market but he's doing...I hope you read my post and stop,aaand I invite all billionaires, to NOT sell before 1 Satoshi or 100 Litoshi !!!
Again, if we want to attract big  investors and developers , we need an higher market cap ,simply  Wink



actually what worries me is how big those first few wallets are. I mean almost 20% of all TiPS owned by one persone! and another 10% by another! so we have like a third of the entire (future!) TiPS cap owned by max 3 persons!
seems very unhealthy and worrying. this is the kind of stuff that scares other investors away. isn't that a problem, what do you think?
Also if we would switch to a POS algo, the first wallet which has now 40% of the actual coin count would grow proportionally if he staked and would still own 40% of the coins after all have been mined. I would actually welcome those whales to sell their coins now to make a better distribution!

You just rang my bell.  Smiley
Normally those big wallet is exchanger but after i count it, only Cryptsy qualify to hold such amount, but i doubt all of those is them.
Right now Cryptsy' sell depth about 11b, and Bter only 2b, others are below 100m

So POS is not a good option, and those whale is not willing to sell any if the price is not their favor.
More scare me is if they DUMP it.

I think if we want to know them, we have to create another V2 Tips, a new wallet not a fork, and made a procedure to convert
They will act and move the balance, so we may know is it a dead wallet or just a big investor that have faith in Tips and not willing to sell below 10 lit

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October 20, 2014, 08:44:35 AM
 #968

You just rang my bell.  Smiley
Normally those big wallet is exchanger but after i count it, only Cryptsy qualify to hold such amount, but i doubt all of those is them.
Right now Cryptsy' sell depth about 11b, and Bter only 2b, others are below 100m

So POS is not a good option, and those whale is not willing to sell any if the price is not their favor.
More scare me is if they DUMP it.

I think if we want to know them, we have to create another V2 Tips, a new wallet not a fork, and made a procedure to convert
They will act and move the balance, so we may know is it a dead wallet or just a big investor that have faith in Tips and not willing to sell below 10 lit
Exactly, I'll be able to help with making V2. Let's see who all are interested.

Also, congrats on the Sr.Member upgrade.


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October 21, 2014, 12:24:42 AM
 #969


I think if we want to know them, we have to create another V2 Tips, a new wallet not a fork, and made a procedure to convert
They will act and move the balance, so we may know is it a dead wallet or just a big investor that have faith in Tips and not willing to sell below 10 lit
Exactly, I'll be able to help with making V2. Let's see who all are interested.


If you only make a new desing for the wallet, they dont gonna need to move their balances.
If you make a fork (let's say, XTIPS) and make a swap to change TIPS for XTIPS at 1:1 rate. That would force to show those balance. But, it's already been done and it was a disaster. the case i know is SHOP which was a great project but they did something like that, and it was wrong and now the coin is death.

 I personally don't support this idea.
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October 21, 2014, 05:12:53 AM
 #970

I know other coins have done that successfully so it doesn't have to go wrong, and frankly having 40% of a coin in the hands of one owner is what usually sends investors away screaming so i think we have to deal with it. Makimg a new fork is also what's suggested in the TiPS 2.0 proposal for the reasons mentioned there and it seemed to me most members supported the idea. Lets discuss it more now and see what are the argument for and against, i think also there are many good ideas we could incorporate i to the new coin if we decide to do it!

Also check this out! (another new app and colored coins which we wanted to implement) : http://www.coindesk.com/coinprism-mobile-wallet-colored-coins/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+CoinDesk+%28CoinDesk+-+The+Voice+of+Digital+Currency%29

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October 21, 2014, 05:16:05 AM
 #971

Also great to know u'll be able to help with V2 MystPhysX! Maybe with u and icanprogram and maybe few other devs still around we won't need a new dev.
Also congrats thiec on the upgrade Wink

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October 21, 2014, 09:02:02 AM
 #972

You just rang my bell.  Smiley
Normally those big wallet is exchanger but after i count it, only Cryptsy qualify to hold such amount, but i doubt all of those is them.
Right now Cryptsy' sell depth about 11b, and Bter only 2b, others are below 100m

So POS is not a good option, and those whale is not willing to sell any if the price is not their favor.
More scare me is if they DUMP it.

I think if we want to know them, we have to create another V2 Tips, a new wallet not a fork, and made a procedure to convert
They will act and move the balance, so we may know is it a dead wallet or just a big investor that have faith in Tips and not willing to sell below 10 lit

I agree and think the same thing about a big restyling ,first the wallet ,is a sign of a living community Wink
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October 21, 2014, 04:13:10 PM
 #973

You just rang my bell.  Smiley
Normally those big wallet is exchanger but after i count it, only Cryptsy qualify to hold such amount, but i doubt all of those is them.
Right now Cryptsy' sell depth about 11b, and Bter only 2b, others are below 100m

So POS is not a good option, and those whale is not willing to sell any if the price is not their favor.
More scare me is if they DUMP it.

I think if we want to know them, we have to create another V2 Tips, a new wallet not a fork, and made a procedure to convert
They will act and move the balance, so we may know is it a dead wallet or just a big investor that have faith in Tips and not willing to sell below 10 lit

I agree and think the same thing about a big restyling ,first the wallet ,is a sign of a living community Wink

that would be awesome! also if we make the redistribution through the community instead of an exchange maybe we can kinda make an agreement with the big owners, we'd reimburse them for their coins but that they shouldn't hold such large stakes so the coin can have a better distribution..

DarkVenu what are your programming skills? I think right now we only have you and icanprogram as devs around here? do you have contact with the other devs?

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October 21, 2014, 04:15:25 PM
 #974

just a thought, maybe we should encourage the community to start doing more work by creating the tasks and giving away TiPS from the community fund to those who get the work done. what do you think?

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October 21, 2014, 04:24:16 PM
 #975

just a thought, maybe we should encourage the community to start doing more work by creating the tasks and giving away TiPS from the community fund to those who get the work done. what do you think?

Any interest with a shared resource where people can post their services and get pay in either WSX or TiPS? Shorta like Fiveer or Craigslist combined but crypto-orient.
https://asktom.cf/index.php?topic=724727.msg9278560#msg9278560
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October 21, 2014, 07:49:40 PM
 #976


that would be awesome! also if we make the redistribution through the community instead of an exchange maybe we can kinda make an agreement with the big owners, we'd reimburse them for their coins but that they shouldn't hold such large stakes so the coin can have a better distribution..


I'm not one of them, but you gonna propose them to lose money. no way they gonna accept that

just a thought, maybe we should encourage the community to start doing more work by creating the tasks and giving away TiPS from the community fund to those who get the work done. what do you think?

That I think is a good idea! Smiley
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October 22, 2014, 05:12:19 AM
 #977


that would be awesome! also if we make the redistribution through the community instead of an exchange maybe we can kinda make an agreement with the big owners, we'd reimburse them for their coins but that they shouldn't hold such large stakes so the coin can have a better distribution..


I'm not one of them, but you gonna propose them to lose money. no way they gonna accept that

just a thought, maybe we should encourage the community to start doing more work by creating the tasks and giving away TiPS from the community fund to those who get the work done. what do you think?

That I think is a good idea! Smiley

I think its not a lost at all. Just a opportunity lose (not a real lose).

If they buy Tips in the market, we just buyback with their price + interest or any price that both agree but never above history price
If they mining it, we can calculate base on diff and market price (compare to ltc), just have alot work to check in blockchain ect and compensate it

Nevertheless, you dont know the outcome if we dont try it.
I hope its just a dead wallet, some old miner that quit crypt world lol

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October 22, 2014, 05:21:12 AM
 #978

I'm just thinking outside the box here but here are some ideas for how we can get TIPS back on the map:

1. Everyone Donates a % to a TIPS Community Faucet and then that faucet wallet address gets implemented as a built-in faucet inside the wallet/Qt making payouts happen hourly or so.
2. Do a complete remodel of TIPS maybe change the name & Logo, but keep it along the lines of TIPS, maybe Tipper, TIPX, TIPUS, etc Wallet upgrade included.
3. PoS would do nothing for the coin unless everyone donated their TIPS to the Faucet/Built-in Faucet, thus starting a new "technically".
4. Change the Difficulty Algorithm and or Coin Algorithm, thus fixing a lot of flaws.


These are just some things that have gone through my head at some point in time that others might see as "do-able"

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October 22, 2014, 03:44:23 PM
 #979


A negative review about fedoracoin by coinssource.com

http://www.coinssource.com/crypto-coins/fedoracoin/
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October 23, 2014, 05:47:40 PM
 #980


A negative review about fedoracoin by coinssource.com

http://www.coinssource.com/crypto-coins/fedoracoin/


Someone did not have time to buy a 0.00000003 LTC  Grin
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