Major Rushen Posted September 27, 2020 Share Posted September 27, 2020 What is this all about? Quote Link to comment Share on other sites More sharing options...
wrighty Posted September 27, 2020 Share Posted September 27, 2020 It’s a story about a cryptocurrency, a bandwagon, and some magic beans. 2 Quote Link to comment Share on other sites More sharing options...
TheTeapot Posted September 27, 2020 Share Posted September 27, 2020 Personal data collection. 1 Quote Link to comment Share on other sites More sharing options...
TheTeapot Posted September 27, 2020 Share Posted September 27, 2020 Previously discussed here https://www.manxforums.com/forums/index.php?/topic/66127-manncoin-new-cryptocurrency/ Quote Link to comment Share on other sites More sharing options...
thesultanofsheight Posted September 27, 2020 Share Posted September 27, 2020 41 minutes ago, Major Rushen said: What is this all about? Just looks like a scam. Even the people behind it seem unclear. Quote Link to comment Share on other sites More sharing options...
VinnieK Posted September 27, 2020 Share Posted September 27, 2020 1 hour ago, wrighty said: It’s a story about a cryptocurrency, a bandwagon, and some magic beans. I thought magic beans had been rebranded as disruptive legume tech, so as to better demonstrate how they're causing us to totally rethink beans and the way they're used? 5 Quote Link to comment Share on other sites More sharing options...
pongo Posted September 27, 2020 Share Posted September 27, 2020 1 hour ago, thesultanofsheight said: Just looks like a scam. Even the people behind it seem unclear. It doesn't look like a scam to me. But, so far, nor does it look like anything other than an almost infinite number of other coins which people launch everyday. Anyone can do it. It looks to me like more or less exactly what they describe it as - ie a publicity exercise aimed at advertising themselves as being able to implement blockchain technologies etc. At face value that's a bit of a so what? It would be great to see some more about the actual technologies being used and the implementation. Something like a white paper. No harm in keeping an open mind. On the other thread - @Amadeus who knows his stuff suggested that it looks like it might be a stablecoin / token. I'm wondering what leads him to this possible conclusion given the lack of public information. Quote Link to comment Share on other sites More sharing options...
thesultanofsheight Posted September 27, 2020 Share Posted September 27, 2020 Just now, pongo said: It doesn't look like a scam to me. But, so far, nor does it look like anything other than an almost infinite number of other coins which people launch everyday. Anyone can do it. You should invest then clearly. Let us know how you get on. Quote Link to comment Share on other sites More sharing options...
pongo Posted September 27, 2020 Share Posted September 27, 2020 Just now, thesultanofsheight said: You should invest then clearly. Let us know how you get on. Or you could read and digest what I wrote. I don't see any evidence of it being either a scam or, particularly, much more than just another coin. I think it's most likely what they say it is. ie publicity. Quote Link to comment Share on other sites More sharing options...
AcousticallyChallenged Posted September 27, 2020 Share Posted September 27, 2020 MannCoin, if you read the whitepaper is really nothing special at all. Popular coins tend to have a USP that makes them stand out. Bitcoin - got there first, so is well established and to some extent rides on that. Simple but works Litecoin - designed to be harder to 'mine' with specialized hardware Ethereum - allows the 'blockchain' to do computation with smart contracts. In other words, you can do things like escrow etc. or even lottery-style things in a verifiable fashion Ripple - Designed to be less wild west from a regulatory perspective, focusing on enabling easy currency exchange etc. Monero - very popular for naughty things as it's fungible, coins aren't tainted with dodgy activity as bitcoins can be, and they're truly anonymous. Manncoin is just another 'create your own coin', trying to market itself with the Isle of Man because that sounds 'offshore'. It's probably on par with dogecoin, whose USP was the Shiba dog captioned with funny text. 1 Quote Link to comment Share on other sites More sharing options...
horatiotheturd Posted December 27, 2020 Share Posted December 27, 2020 So when will my 12th free manncoins enable me to retire? Life plan was retired by 40 and I am not 38 and three quarters. Have a I left it to late. Quote Link to comment Share on other sites More sharing options...
Amadeus Posted December 27, 2020 Share Posted December 27, 2020 I was a bit surprised to hear it advertised on a certain local radio station recently. Surprised in a number of ways. 1 Quote Link to comment Share on other sites More sharing options...
NoTailT Posted December 27, 2020 Share Posted December 27, 2020 2 hours ago, Amadeus said: I was a bit surprised to hear it advertised on a certain local radio station recently. Surprised in a number of ways. You're surprised that a local business chose to pay to advertise on a local radio station? Weird Quote Link to comment Share on other sites More sharing options...
Max Power Posted December 28, 2020 Share Posted December 28, 2020 The whole crypto currency thing sounds a bit fishy to me, it seems deliberately complex and full of silly terminology with no tangible ownership? Quote Link to comment Share on other sites More sharing options...
horatiotheturd Posted December 28, 2020 Share Posted December 28, 2020 4 hours ago, Max Power said: The whole crypto currency thing sounds a bit fishy to me, it seems deliberately complex and full of silly terminology with no tangible ownership? If you had put a grand into bitcoin 10 years ago you might think different as you would be sat on just over 333 MILLION pounds Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.