With so many different alt coins coming out, what makes Reddcoin any different? Since its release, early Feb 2014, the ReddCoin (RDD) dev team & users have been hard at work. Reddheads, as users have deemed themselves, have been promoting RDD all over the internet. Their push on social media has driven their sub-reddit to and over 7,000 Memebers, with new users joining on a daily basis. The community has clearly banded together to not only improve but promote RDD. While other coins have been made to focus on mainly money transmitting. RDD's main focus is to become the leading tipping form for the internet. RDD Has already gained footing, with the recent release of a Twitter tip bot. This allows users to sign up for the RDD Tip Bot on Twitter. Once set up users can load RDD to their Twitter Wallet Address and use it to send or receive tips on posts users may feel informative. Dev's have hinted at other social tipping projects. Which would include YouTube, Facebook and Twitch.tv A Cloud API function is currently in production and work has also started for promoting and socially integrating RDD into the Chinese Crypto-Coin market. If work and development continues RDD will surely become the Social Super Power of crypto-coins. | Max Coins: 109,000,000,000 Coin Algorithm: Scrypt Pre-Mine - No Active - Yes Website - www.reddcoin.com |
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Mt. Gox has hurt Bitcoin and now it is starting to damage other crypto currencies. Today SageFit, TakeiCoin Dev, announced that TAK would have to be taken down. After contact with Takei's Lawyers, TAK Coin Dev released this statement.
"Friends it's with an extremely heavy heart I am posting this. I poured a lot of time and money into this venture, both a complete loss, and I'm very saddened to see the outcome. Today we got an email from Mr. Brad Takei, indicating that George was not in fact interest, although they had been watching the project for quite some time. The recent news with Bitcoin was cited as a major contributor to this decision. That said they did in fact ask we remove all images and related products from the site. Brad then stated he would be open to listen to Mrs. Windsor's take on the situation. This is where it gets good. The second issue, that happened only minutes before, is that we got a call from Mrs. Windsors lawyers. They decided that with recent BTC news and the current state of crypto currencies that it would not be good for Mrs. Windsors image to attach her name to such a venture. TakeiCoin had 100% top of the line intentions and the last thing in the world we want is to bring any unwanted attention to someone's name, especially people who have worked so hard to do so much good in this world. I take full responsibility for what has happened and my sincerest and deepest apologies to anyone who lost money. As I do not have the funds nor the ambition to go to court with such wonderful people, I have decided the best road is to call it a day and pull the plug. I am currently in talks about passing the reigns to someone else and give the coin a re-branding." TAK still has a great concept behind it. With innovative ways of raising funds for useful needs, I see no reason why the coin will not be re-branded or re-vamped. For now I can only wish the best to the development team. With the recent events surrounding Mt. Gox demise and the decline in price of bitcoin. Many users have found themselves worried in the future of Bitcoin. With Gox dead will Bitcoin die as well? Are exchanges safe? Which exchange should I trust? What can I do to protect my coins? What will happen with bitcoin? First let me start by clarifying a couple of things, while Mt. Gox was a leading trader of Bitcoin, some users have been misinformed to believe that Mt. Gox is the end all be all of bitcoin. They believe that Gox dying, means bitcoin will shortly follow. In reality Mt. Gox is a service of Bitcoin, much like Bank of America would be to USD/Fiat. Whatever inner troubles they may have had should not reflect on bitcoin itself as they are separate entities. Now that Mt. Gox is dead, where can users go for exchanges? What exchange is safe to use? The truth is, until there is regulation, users should not use exchanges as a personal wallet service. Exchanges should be used exactly what they are designed for, a QUICK exchange. Your coins, be it bitcoin or another alt coin, are always safer in a encrypted qt wallet. Though security has been growing stronger for many exchanges, the problem, again lies in the fact that they can shut down at any moment leaving their customers afloat. Instead, if you plan on cashing your coin out for Fiat or just plan on doing trading you should transfer the needed amount only at that time. As a users of bitcoin for 3 years now, I would recommend the use of CoinBase.Com for the exchange of coin to fiat. I have used their services for years without any problems, they are based out of San Fransisco CA (US) Though I can not give a definitive answer on the future of bitcoin, I can provide a theory into where it will go from here. I believe that within the next few months bitcoin will be back at its previous price. The reason behind my belief in this, is due to the current media surrounding Bitcoin. While many have been informed of the current negative events, a large amount of positive news has been left in the shadows. Bitcoin has been steadily influencing a large portion of small markets. Individually owned businesses have started implementing merchant systems for Bitcoin. A business such as this can be found in nearly every major city now and Bitcoin is showing no signs of slowing down. In the past week, The US has had their first Major Mall install a Bitcoin ATM. Adding yet another country to the ATM list, Australia being the current leader with over 100 units. With these kind of events happening in the background, I feel that Bitcoin will correct itself with due time. |