ForumKoin

Painkiller · Sep 17, 2014

Most of my forum suggestions happen in the shower. So, anyway I was taking a shower and I thought of this...

What if we made a community project here at FK to make our OWN crypto-currency? HF has omnicoin, so I don't know why we shouldn't have our own.

I'd very much help with development, what do you guys think?

Ari · Sep 17, 2014

This is an extreme long shot, but it would be cool

One · Sep 17, 2014

Crypto currency isn't ever going to catch on.

Spectrum · Sep 17, 2014

We've already got a koins system in place, we don't need another additional useless currency, lol.

Glitch · Sep 17, 2014

There's no real reason to do this, why not just use BTC like everyone else does?

Captain · Sep 17, 2014

This could be a great idea.
You buy fks crypto.
It shows up in you're fk account.
No charging back
Philly/narc can name their price for the currency
You buy the crypto off philly and narc and can give it to people to buy items.

This would help with offsite scams as people would want to use this currency instead.

Just an idea tho. Let me know if you think of an addition to this

Thirst · Sep 17, 2014

@Captain put it in really good words. I doubt it will get implemented though.

Captain · Sep 17, 2014

Mental said:
@Captain put it in really good words. I doubt it will get implemented though.

I know what you think by good words. I think i just though of a great system. Let me think it over and will post tonight

Jimmy · Sep 17, 2014

How about Philly Koin? ForumKoin Sounds rather odd.

Matigo · Sep 17, 2014

I like the idea a lot but it won't work.

nadav · Sep 17, 2014

Yeah.. Philly Koin would be nice although whom would set this up and it would take a lot of work..

Random · Sep 17, 2014

I suggested this in an Aim chat once; it was shot down.

Good Luck @'Pimp'!

Swish · Sep 29, 2014

ONE said:
Crypto currency isn't ever going to catch on.

Have you ever heard of Bitcoin? lol.

Multiple large-scale companies use Bitcoin, that is a crypto currency.

One · Sep 29, 2014

Swish said:
Have you ever heard of Bitcoin? lol.

Multiple large-scale companies use Bitcoin, that is a crypto currency.

If you consider the underground black market a business then yeah. Legitimate businesses will never accept it as a payment type for many reasons. Some off the top of my head are the fact that it has no actual value. (Meaning someone just assigned a price to it without any backing) and the fact that its too anonymous. Furthermore, someone could just decide tomorrow that bitcoins no longer exist and shut it all down. And with nothing tangible backing it up you'll lose everything. It's just Internet money that little kids like to flaunt. While actual people are sitting back and laughing at how childish you look.

You don't see rich people investing in bitcoin. It's retarded. It's price will just keep plummeting as well. If you want invest in something do as the pros do. E.g gold, silver, real estate, artwork, something with ACTUAL value if you want to see a return. I'll say again, this Internet shit will never catch on.

Darth Vader · Sep 29, 2014

we already have koins. I dont think we need another form of currency

Color · Sep 29, 2014

This would be, well..... Stupid.

Swish · Sep 29, 2014

ONE said:
If you consider the underground black market a business then yeah. Legitimate businesses will never accept it as a payment type for many reasons. Some off the top of my head are the fact that it has no actual value. (Meaning someone just assigned a price to it without any backing) and the fact that its too anonymous. Furthermore, someone could just decide tomorrow that bitcoins no longer exist and shut it all down. And with nothing tangible backing it up you'll lose everything. It's just Internet money that little kids like to flaunt. While actual people are sitting back and laughing at how childish you look.

You don't see rich people investing in bitcoin. It's retarded. It's price will just keep plummeting as well. If you want invest in something do as the pros do. E.g gold, silver, real estate, artwork, something with ACTUAL value if you want to see a return. I'll say again, this Internet shit will never catch on.

Not really, anyways. Dell takes Bitcoin, so does Overstock.com and many many more.

One · Sep 29, 2014

Swish said:
Not really, anyways. Dell takes Bitcoin, so does Overstock.com and many many more.

Nobody even knows who created it. It's honestly the sketchiest thing ever. It was created so police can't track where and when you buy illegal goods. How can you tell me that's a great idea to invest in? You make me laugh.

Random · Sep 29, 2014

ONE said:
If you consider the underground black market a business then yeah. Legitimate businesses will never accept it as a payment type for many reasons. Some off the top of my head are the fact that it has no actual value. (Meaning someone just assigned a price to it without any backing) and the fact that its too anonymous. Furthermore, someone could just decide tomorrow that bitcoins no longer exist and shut it all down. And with nothing tangible backing it up you'll lose everything. It's just Internet money that little kids like to flaunt. While actual people are sitting back and laughing at how childish you look.

You don't see rich people investing in bitcoin. It's retarded. It's price will just keep plummeting as well. If you want invest in something do as the pros do. E.g gold, silver, real estate, artwork, something with ACTUAL value if you want to see a return. I'll say again, this Internet shit will never catch on.

I'd like to point you to Roger Ver, who made his fortune off btc.

ForumKorner · Sep 29, 2014

"Why is it my best ideas come to me while taking my morning shower" - Einstein
Your subconscious mind is constantly working but cannot be forced at times to produce. Good ideas need time to incubate.

Anyways, the idea sounds great but I don't think it's necessary since we all can just use bitcoin.

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