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/biz/ - Business & Finance

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3261094 No.3261094 [Reply] [Original]

Working on a new coin. The basic concept is that users put their receiving address in the name field and make shill posts on /biz/. The blockchain then scans all new posts on /biz/ every minute, looks for posts with receiving addresses in the name fields, confirms that the post contains shill keywords and phrases, then generates coins and credits them to that address.

Name a single flaw.

>> No.3261120

>>3261094
They may say nice things in the text but write horrible things in the image so you wont be able to tell sentiment.

You could use a crowdsource API to have real humans verify the image and text matches the requested sentiment for fractions of a penny but itd be overkill.

>> No.3261141

>>3261120
(((weighted))) words solves that problem instantly
name the ICO OP, i'd invest

>> No.3261144

>>3261120
Irrelevant. Even if they're ironically shilling, they're still shilling.

>> No.3261163

whales gonna bring the price down and down
chinks accumulating

>> No.3261170

>>3261141
The ICO is called Stormtoken, microtasking on the blockchain.

>>3261144
Then goan make it, theres people who would pay to use a service like that.
>inb4 only an idea guy

>> No.3261195

>>3261144
tru

all press is good press

>> No.3261266

>>3261170
>Then goan make it, theres people who would pay to use a service like that.

Oh, it's nearly ready for testing, at least the 4chan integration. Bans are a slight concern, I'm thinking about allowing receiving address to be embedded in images attached to posts to disguise them.

The goal is to have nearly complete integration with all mainstream forums and social media by 2020, since I see this being extremely profitable during the election.

>> No.3261294
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3261294

I want in for this ICO, big time. Please announce on /biz/.
Please.

>> No.3261504

>>3261294
Not an ICO. I'm going for fully decentralized here. Mainly so I can't be held legally accountable for how it's used.

Marketers would purchase a large sum of the currency on an exchange, then similar to proof of burn, they create a transaction sending the coins to a designated burn address along with the keywords/phrases they want shilled. Those are then enabled for a set period of time. These large coin purchases combined with the permanent removal of the coins from circulation will serve to drive up prices and keep inflation in check.

>> No.3261571
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3261571

>>3261504
>proof of burn
>burn address
Spare me your cryptographic mumbo jumbo, just give it to me straight. Who's going to burn their own coins, and how do the marketers actually receive their coins?

t. brainlet

>> No.3261590
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3261590

>proof of shill
I'm in, lets moon mission this baby

>> No.3261599

unironically have 1 BTC waiting to invest

>> No.3261605

like chancoin?

>> No.3261673

>>3261571
Pretending I'm Hillary Clinton's campaign manager in 2020.

I want every corner of the internet shilling for Hillary, even if they hate her guts.

I go on Bittrex, I buy $5 million dollars worth of this coin.

The marketer then spends that coin by sending it to a verifiably dead address. Those coins can never reenter circulation. The transaction includes an order with the keyword "#ImWithHer", good for 3 months of shilling.

Now, whenever someone posts "#ImWithHer" on a supported social media outlet, along with their receiving address, they get 1 share of the reward of the next block. So if the block reward is 100 coins, and 100 shills make 1 post each, everyone gets 1 coin.

They then sell their coins on the exchanges, where it's bought by investors and marketers. The more demand for shilling, the higher the value. The more people shilling, the higher the demand for usage of the shill network. It's a self feeding cycle of profit.

>> No.3261744

>>3261673
Shilling like that is far less effective if you can literally see in the title that it's a paid for opinion

>> No.3261780

>>3261744
Ads are a billion dollar industry and they're all paid for.

>> No.3261806

>>3261673
I actually understand now. Thanks, anon. You could be kickstarting the true demise of /biz/ and political shilling people to the grave, but I want in

>> No.3261822

>>3261744
It's a matter of quantity over quality. I'd expect most shills would be bots.

I have plans for disguising the receiving address in various ways so normies won't see the obvious red flag, but that's after proof of concept. On non-anonymous sites it should even be possible to weigh rewards by things like followers/ratings/account age/etc..., and perhaps even reduced share rewards for obvious bot shills.

>> No.3261831

>>3261094
Sounds amazing
would actually buy 100k

>> No.3261887

>>3261780
There's a reason people keep saying all of Trump's supporters are bots and a reason why jidf don't sign their messages as such. Or to paraphrase an old simpsons episode, there's subliminal, liminal, and superliminal and each have a different place.

All that being said of course it's a good idea even if presidential candidates don't participate

>> No.3261984

>>3261887
>There's a reason people keep saying all of Trump's supporters are bots
paranoia?

>> No.3261988

>>3261887
Politics is the endgame. I think ICOs are likely to be early adopters, since both ICO founders and potential shills will be familiar with crypto. From there it would hopefully catch the attention of more traditional marketers, since most of them are scummy enough to take advantage of services like this.

>> No.3262012

>>3261094
I'm stealing this idea. Good luck getting first to market.

>> No.3262078

>>3262012
cunt

>> No.3262088

>>3262012
Go for it. I'm not just doing this for the lambos, my true endgame is to bring about the collapse of social media.

>> No.3262095

>>3262088
Good because that's also my end goal and I also plan to not profit at all from my implementation.

Good luck.

>> No.3262104

>>3262078
LITTERALLY a FAG+

>> No.3262120
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3262120

>>3262104
kek, you win this round

>> No.3262295

Since you guys seemed more supportive of the idea than I thought, you can send an email to biz.shill@protonmail.com and I'll send you a heads up before the project goes live. Shilling will start as soon as the announcement is posted on bitcointalk, so with that you should be able to jump in at block 0 without having to watch the forums. Any requests after this thread dies will be ignored.

Just getting ready for testing, so it'll be at least 2 or 3 weeks before it's ready for launch.

>> No.3262467

Jesus christ, it's shariablue in crypto form. /pol/ would have a field day with this.

>> No.3262572

>>3262467
Hey, give the project a little credit. We don't lock our shills in a basement.