Thoughts on making a (BHW) Crypto Currency.

BHWcoin? Everyone here already uses the same currency - dollars. Giving away free coins just begs for a system to be abused. Terrible idea if you ask me.

If you want to invest in startup cryto currencies, then do that. You can monitor release dates here https://www.icocountdown.com/.
Lots and lots of very cheap coins are already on the major exchanges.

AlphaMarketing said:

I am sure the owner of bhw diamond dave will agree with me and not start a bhw digital currency as I am sure he himself has bitcoin and perhaps other already established digital currencies such as dogcoin. I myself have been keeping and eye on bit coin and investing in it myself personally and highly encourage if you have $100 bucks to throw away and forget about for a couple of years do it with bit coin might be able to buy yourself something nice then.

Bhw might be the best place on the internet but theres just not enough of us members to allow a potential currency here to grow enough to be worth it.

I can see google trying to make their own currency that would be more fesible with the amount of users they have.

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Thank you now I feel like we are starting to get on the same page. I just felt like BHW would be a good start because the majority of people on here are more technically inclined. I would love for you to do some research and come up with some ideas to share with use. Your good at having discussions about this topic and atleast just arnt agreeing with me for no reason and also willing to research ideas that may better help this post.

Great information. But there would let's say 5 free coins to the first 3000 users. In retrospect that's not to many coins to give away for a startup that would be 15000 coins that could create value in the currency for people to get a idea how it works. From then on people could mine or buy them from other users for a price they would sell them for witch let's say it would start small at 5 cents a coin. As popularity rises people will start selling there coins for above there original value.

If that's moderated by BHW and have a release period, that would reduce scams, right?

dhia27 said:

If that's moderated by BHW and have a release period, that would reduce scams, right?

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To reduce scams on bhw an escrow account required for transactions moderated by bhw would be sufficent enough.

dhia27 said:

If that's moderated by BHW and have a release period, that would reduce scams, right?

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That would most likely be the best way to do it honesly but once the code is created it would be just like Bitcoin or other alt coins as no one could recreate this coin unless they mine it themselves. I also like the idea of a release date.

I guess a bhw coin makes sense

It would decrease the chance of getting scammed and the 0 need for a shitlist.

Everyone can only use be coins for bst, and adminise have full control of withdrawal. If someone tries to run away without paying, they can't withdraw

JV1999 said:

I guess a bhw coin makes sense

It would decrease the chance of getting scammed and the 0 need for a shitlist.

Everyone can only use be coins for bst, and adminise have full control of withdrawal. If someone tries to run away without paying, they can't withdraw

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Yea I like that idea. But we would have to put that in the program. I don't think admins should have full control just partial control. As anyone can have wallets and send BHW coins to anyone they like. But I think admins should have the choice to be a middle man to prevent fraud, sort of like bank tellers that you can file a dispute to. The admins wouldn't be able to take the coin from anyone and would just be able to reverse a transaction.

75% of people on BHW don't have $2 in their paypal, why do you think a BHW coin will work?
If people want to use a crpyto on BHW then they use BTC

JV1999 said:

I guess a bhw coin makes sense

It would decrease the chance of getting scammed and the 0 need for a shitlist.

Everyone can only use be coins for bst, and adminise have full control of withdrawal. If someone tries to run away without paying, they can't withdraw

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Also adding on to my last message I think admins should be able to reverse coins only when others file a dispute. Also they wouldn't be able to reverse there own transactions. And would have to file a dispute with a different admin with proper proof of purpose with reason for a reverse transaction like anyone else.

Asif WILSON Khan said:

75% of people on BHW don't have $2 in their paypal, why do you think a BHW coin will work?
If people want to use a crpyto on BHW then they use BTC

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If they have 2$ in there account why would they invest in Bitcoin. Don't you think it would be smarter to spend two dollars on a really cheap start up coin with thought behind it. Worse comes to worse they would loose 2 dollars? I feel like the opportunity would be worth the risk. Of course people wouldn't invest 1000s of dollars in this because it wouldn't be as stable as Bitcoin but for 5 cent coins they could make a smart advestment that it didn't work out they wouldn't loose 1000s of dollars.

I don't understand why a person who joined BHW just yesterday is so keen to introduce a BHW coin.

Asif WILSON Khan said:

I don't understand why a person who joined BHW just yesterday is so keen to introduce a BHW coin.

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That's a good question and the answer is I just thought it be a great idea. I wouldn't have control of the coin. I would post everything about the coin on this thread for everyone to see. People could review the coin and say negative and positives aspects of the coin. If I don't believe in my own idea why would I aspect anyone else to.

Personally i have been a long supporter of Worldcoin . I bought the coin when it was like 0.03$ back in 2013 and after that it's rise to 0.80$ and downfoll almost to nothink (That happend because someone we trust with the development funds took the money and run). On February 2017 the coin value was 0.003$ and today it's 0.022$. WorldCoin has a lot of potential but has a problem it's not an pump and dump scheme. Everyone nowdays wants to make a fast buck into the cripto world and not bother to develop somethink or add value .

What i like about WorldCoin?:



-It's very fast,transactions are fully confirmed in about 60 seconds (usually 20 seconds) think how much time bitcoin network takes.

-Block reward get reduced 1% every week .That means that every week les worldcoin are produced

256mil coins will ever be produced.(114,231,932 WDC exist now)

-Transactions fee are 0.0000025% of the transaction value and will be use to pay the miners

-The name of the coin.(BIG YES HERE- This is not MortalKombatCoin or TrumpCoin)

-Worldcoin wallet supports multiple coins. Now supports WDC, BTC , LTC , DOGE and more coins will be added soon.The idea behind the wallet it's that once people start using it will attract investors who use different coins to use WDC

-2 years ago we manage to raise money and built a well in Imulama Dispensary (Kenya) who gave access to clean water to 500 really poor people.


What i don't like?

-No promotion. People need to know about something before using it. You can have the best product but if nobody hears about it they will not buy.

-I'll get old by the time i see some ROI.

-WhiteHat -Cryptocoin i mean WTF it's that.( Create good content..add value..and you will rise in the serps of Coin Market Cap) Shit ain't working like that anymore. The coin need some PBN's



Why i made the post so long...well everybody want to make a cryptocoin and make money.. but to make a real cryptocoin an alternative to money takes a lot of time, resources and people.

I am interested in knowing more about this.

Wow that was fast took a power nap and came back and op is banned. Same should be with his bad idea.

Haha, you could tell as soon as he said first blah blah get this. Classic.

s7ryker said:

Personally i have been a long supporter of Worldcoin . I bought the coin when it was like 0.03$ back in 2013 and after that it's rise to 0.80$ and downfoll almost to nothink (That happend because someone we trust with the development funds took the money and run). On February 2017 the coin value was 0.003$ and today it's 0.022$. WorldCoin has a lot of potential but has a problem it's not an pump and dump scheme. Everyone nowdays wants to make a fast buck into the cripto world and not bother to develop somethink or add value .

What i like about WorldCoin?:



-It's very fast,transactions are fully confirmed in about 60 seconds (usually 20 seconds) think how much time bitcoin network takes.

-Block reward get reduced 1% every week .That means that every week les worldcoin are produced

256mil coins will ever be produced.(114,231,932 WDC exist now)

-Transactions fee are 0.0000025% of the transaction value and will be use to pay the miners

-The name of the coin.(BIG YES HERE- This is not MortalKombatCoin or TrumpCoin)

-Worldcoin wallet supports multiple coins. Now supports WDC, BTC , LTC , DOGE and more coins will be added soon.The idea behind the wallet it's that once people start using it will attract investors who use different coins to use WDC

-2 years ago we manage to raise money and built a well in Imulama Dispensary (Kenya) who gave access to clean water to 500 really poor people.

What i don't like?

-No promotion. People need to know about something before using it. You can have the best product but if nobody hears about it they will not buy.

-I'll get old by the time i see some ROI.

-WhiteHat -Cryptocoin i mean WTF it's that.( Create good content..add value..and you will rise in the serps of Coin Market Cap) Shit ain't working like that anymore. The coin need some PBN's



Why i made the post so long...well everybody want to make a cryptocoin and make money.. but to make a real cryptocoin an alternative to money takes a lot of time, resources and people.

Click to expand...

WDC price is going up now....300% in just 20 minutes. This is crazy !!!????