🇳🇱
@10grans withdraw 0.093233333336666665
to 
I transferred what you gave me out of the bot and into my hardware wallet, lol. But you can see my hardware wallet address with your tip in it, and it clearly states its worth 10$:
https://ubiqscan.io/address/0xeafed38122b733feeddc1326fd77e767494a30c3
Oh shit. I need to find an alex jones post to tip...
Na fuck it. I think he's entertaining as fuck (if you don't take him seriously). So..
@10grans tip 0.1 to @AlexJones
That's worth it for laugh value alone. Now Alex has received crypto through fedi! Queue the FBI!
Ok, I thought I figured it out. I thought I was putting two spaces accidentally (copy paste) between "to" and the username, and that was making the tip fail. Now, I'm not sure what I'm doing wrong again.
@10grans tip 0.01 to @icedquinn
10 grans, interesting tipping system?
@10grans makeitrain 0.1
@Coyote @icedquinn @10grans @doktorzhivago @mystik @Genen @Johncdvorak @genen @freemo I don't work for tips
Wow, well officially "Fuck Adam Curry" on that one, what an absolute fucking asshole comment about the new crypto that has a cool feature to share though fedi.
I still think it's very cool that someone invented method of transferring crypto through Fedi. People start using it and talking about it. Adam gets a token in a conversation about the crypto and responds:
"I don't work for tips"
Not only dismissive of the whole concept of transferring money directly in Fedi, so hung up on semantics that he's being a complete dick-wad in the middle of the conversation pretty much insulting the whole concept (while pocketing the money, rather than returning it), and walks away.
Fuck Adam Curry. We could insult his work too, but, to easy. I've seen people call others words I won't even fucking use on Fedi this week, and that was the coldest, rudest, most egotistical, unnecessary insult I've seen all week. (week, not year). I will continue to "spend" 10Grans on people I have on comments I value. (value for value?). I'm not going to insult a guys whole project just because a BOT uses the word "tip" to activate. Again, total dick move Adam, total dick move. Fucking rude.
So fuck it, I cut his name out, and this whole thread had been informative to me, and I learned a lot, so when some people are jerks, others need to step up and show appreciation. so.... I'm going to ignore the hater and keep having fun.
@10grans makeitrain 0.2
@Coyote @icedquinn @10grans @doktorzhivago @mystik @Genen @Johncdvorak @genen @freemo Woohoo. Triggered. We need price discovery for creative content. Positioning it as as "tipping" is not just semantics. Words matter. Change your words, change your world.
If I understood correctly, your post's message basically is "do I look like a waitress to you? gimme moar, bitch!".
Dude, aren't you saying you just want people to not make you have to set up a wallet to transfer another form of currency? But, your main message is decentralize and distributed? Doesn't add up Adam.
Your system has never got me tips on fedi. And I provide some rich comical content that's paying off in sweet sweet 10grans.
The bot itself is, but the coin and blockchain they pull from isnt. I can transfer you 10grans without going throught he bot or I can set up my own bot that is able to hand out 10grans in the same way as the main bot. The bot is just a gateway to a decentralized tech.
@10grans @adam @Genen @doktorzhivago@liberdon.com @Johncdvorak @genen @Coyote @icedquinn
What do you mean by "not your keys" exactly? or for that matter "only for tips" what else would a tipbot be used for that isnt appropriate?
@10grans @adam @Genen @doktorzhivago@liberdon.com @Johncdvorak @genen @Coyote @icedquinn
Not your keys -- not your coins.
The bot owner can run away with your coins at any moment (or a hacker, rogue datacenter employee, whatever).
That is true only for as long as you let the bot hold your coins. Ideally if the bot ever has more than a dollar of your coins as a balance you tell the bot to just transfer it to your own key, problem solved. Now the only risk is limited to the amount of your balance you leave in the bot in the first place.
Yesterday I noticed I had 10$ worth of coins in the bot, so I withdrew my coins from the bot, now their mine and safe, and about 5$ I left in the bot for "spreading around" money.
@10grans @adam @Genen @doktorzhivago@liberdon.com @Johncdvorak @genen @Coyote @icedquinn
I'm not sure what else a tip bot could be used for inappropriately that is not tips... You mean storing large amounts of money for investment? In which case I agree, for that you make sure you withdraw large amounts fromt he tip bot should you get large tips.
@10grans @adam @Genen @doktorzhivago@liberdon.com @Johncdvorak @genen @Coyote @icedquinn
Fucking cam girls are gonna love it... Designer Pleroma 10grans Wallets.
"It'll never replace the dollar until a construction worker tips a stripper with it."
#CoyoteQuotes
10grans has a shot...
Ah, yes, at this particular moment, Moon could run away with all the 10grans the bot tracks (but not any on the market).
But, given that Moon's basically giving them away, no one has been buying them outright (we talked about that yesterday, almost worth putting some cash in to tip people you like, I'd consider it if I had spare cash).
So, the losses are not "real" to many people yet, so it's worth the risk. The bot's not a bank... yea... but... given the risk, and what is obviously working as a fun "reward" system, I'd say it's worth using, extensively, with low risk, in the hopes that it will develop to something people are more "safe" with. Maybe just need to write "wallets" into Pleroma?
@freemo @mystik @10grans @adam @Genen @doktorzhivago @Johncdvorak @genen @Coyote @icedquinn it sounds like he means "not your keys, not your coins" or that if you don't have the private keys (which exist on the bot or the CEX side) that you don't have "control" of your coins.
Example, you put coins on Coinbase & then they ban you & then no more coins.
Right, but you can just withdraw your keys from the bot to your wallet. So I'm not sure i see that as an issue, just never let your balance on the bot accumulate to anything large enough that it is more than the relative trust you have for the bot... For example keep 1$ max in the bot at any time and always withdrawl the rest to your own wallet.
It would also be trivial for moon to add a auto-withdraw feature where if your balance ever exceeds a certain value it automatically withdraws to your own wallet.
@mystik @10grans @adam @Genen @doktorzhivago@liberdon.com @Johncdvorak @genen @Coyote @icedquinn
* coins not keys, you can withdraw your coins.
@mystik @10grans @adam @Genen @doktorzhivago@liberdon.com @Johncdvorak @genen @Coyote @icedquinn
Trimming replies, starting to look like a hellthread around here. :-)
However, there was someone....
@drbitcoinmd I'd noticed that guy around <--
Any thoughts on 10grans?
@10grans tip 0.0001 to @drgo
They were tagged. Felt kinda spammy anyway. But yea, I'm got super shit bandwidth that sometimes drops mid post, I don't know where PleromaBE is taking and sending the inputs, because I think some posts propagate much slower than others, so, there's some black magic in that box with the wires to my keyboard, might not be the bot.
Basically what LN does (yes, it is centralized).
Yea but keep in mind you can do that already manually.. you can withdraw and depost to the bot from your own private wallet.
@10grans @adam @joshbdoc @Genen @doktorzhivago@liberdon.com @Johncdvorak @genen @Coyote @icedquinn
Write me a how-to? If it "can" be done, this is the first crypto I've owned since I lost a bitcoin wallet in like 2013.
@freemo @mystik @10grans @adam @Genen @doktorzhivago @Johncdvorak @genen @Coyote @icedquinn this would be like having a hardware cryptocurrency wallet (with its own private key) and then giving someone else your private key. Why would you trust anyone with your private key?
1. the critics are right, the tipbot is a custodial wallet. but freemo is also right, you can withdraw your grans to a true crypto wallet, we place no restrictions on this other than a small withdrawal fee to cover our blockchain transaction. do so and you have complete control of them.
2. we don't promote the activity, but 10grans is on an exchange and people do buy and sell it like any other crypto-token, although it uses a different blockchain than ethereum or bitcoin so there's extra work to convert it to fiat (but is totally possible, and many people have done so.) More info here: https://blog.ubiqsmart.com/the-ubiq-dex-introducing-shinobi-5433adecc5e3
@Coyote I actually have a youtube video on how to use 10grans tipbot which includes how to deposit and withdraw, but it needs to be updated for the new wallet software.
I want to point out that there **is** an aspect of centralization, one which leads to devaluation and ultimately invalidates the coin as a medium of value. Though it is something that could be easily fixed with a new crypto or migration of 10grans.
Basically moon owns and retains full control over the smart contract which minted the 10 grands int he first place. This means two things.
1) Moon minted the entire suppy of 15,000 grans and owns them all (except for the ones he already distributed for free)
2) Moon has the ability (and is the only one) who can freely mint new GRANS as he sees fit.
This essentially from any economic model means the coin has no true value as there is no limit on supply. If the coins are woth 1000$ each moon can just mint 1000 of them, sell them, and still a million dollars off the market. In the end this will insure the cvoins never have any true value (very few people will ever be willing to buy them).. they are about as valuable as air and always will be.
With that said if one were to create a coin that 1) had fixed rules as to how and when new coins are minted 2) all newly minted coins were distributed to the community in a fair way without moon having the ability to basically dip his hand in the honey pot... then I think we would see a crypto with some actual value and might be used more widely as a source of value for content.
@Moon @icedquinn @10grans @doktorzhivago@liberdon.com @mystik @adam @Genen @Johncdvorak @genen @joshbdoc @Coyote
Converting it to fiat is trivial I can do it in a few minutes.. I just convert the 10grans to ubiq and then move that to gate.io and sell.
The issue is that the liquidity of 10grans is very small. That is if i had any quantity of 10grans I could probably only trade a few 100 before liquidity dried up and i couldnt sell anymore.
The liquidity isnt going to change nor will the value rise in any serious sense simply because as I said before, you hold the key to mint freely as much as you want for yourself and no one else. So naturally no one will ever see it as having real value as the liquidity will always be extremely low.
@icedquinn @10grans @doktorzhivago@liberdon.com @mystik @adam @Genen @Johncdvorak @genen @joshbdoc @Coyote
> you hold the key to mint freely as much as you want for yourself and no one else.
I mean, Ethereum works the same way. So do countless tokens that are widely considered to have "value".
One day we may do a token swap to one that I can guarantee is absolutely capped at 15,000.
I'm just replying to this to inform, this isn't an aspect of the token that we want to emphasize.
278,000 dollars isn’t a lot of liquidity compared to bitcoin but it’s not nothing either.
Total liquidity on shinobi is 141K not 278K, not sure where you got that number.
The issue is you cant just consider total liquidity. There is a bonding curve used so if I had 10,000 grans I wanted to liquidate I would quickly find for each grans I sell the amount I get back gets less and less and I would loose a huge amount of that value very quickly.
Consider right now if i try to trade just 1 grans for cash (by first converting to ubiq) there will be only a 0.08% loss in value due to price movement, so no big deal. However if I tried to sell only 100 grans I’d loose a whopping 8% of the value just due to the bonding curve creep. So I would literally have to burn almost 1/10th of the apparent value of my holdings in order to be able to sell it at all. By 1000 grans my loss on value is close to half!
So yea in small increments you can get value out of it, but it doesnt scale to larger quantities and probably never will for aforementioned reasons.
I mean, Ethereum works the same way. So do countless tokens that are widely considered to have “value”.
No it doesnt, while Ethereum did pre-mint coins the ethereum owners did not retain the ability to mint new coins at will at no cost, new coins can only be minted by contributing compute power to the pool.
The fact that you pre-minted isnt so much the issue (as you said other coins do that to). its the fact that you retain the ability to continue to mint new coins without restriction. That is a deal breaker and not something any other crypto or token of value permits.
@Coyote
One day we may do a token swap to one that I can guarantee is absolutely capped at 15,000.
If and when you do that I think it will open the token up to the potential of being considering to have real value.
I’m just replying to this to inform, this isn’t an aspect of the token that we want to emphasize.
Yes I know you arent trying to emphasize the token as an investment or vehicle of value. Thats fine, if you dont care about it having real value and just want it to be a fun thing that never has much value, by all means do what your doing, people still have fun with it. But I think giving it real value by capping its supply will actually fuel adoption IMO and make tipping feel like something other than just a tongue in cheek crypto satire.
What if we designed a protocol that allows for bots to communicate with other instances' bots?
For people to withdraw they would have to ask their instance admin to install the bot, by running a plugin/script.
It would be effectively decentralized (not totally distributed, but decentralized).
Why would it have to tie into your instance keypair at all.. let each bot have their own keypair, you register your wallet public key by simply posting it in your description or in a public post and then deposit the crypto into whatever bot in the fediverse you trust (and only in small increments).. then when bots tip someone instead of that money just being held as a value in an internal balance it would go directly to the wallet registered in the account.
@joshbdoc @adam @10grans @Genen @doktorzhivago@liberdon.com @Johncdvorak @genen @Coyote @Moon @icedquinn
>"Why would it have to tie into your instance keypair at all"
To send to people that don't have a keypair or even know that such thing exists.
I see, yea in that edge case I can see the benefit. Your instance is kind of your default trust to hold it for you. Plus if you never claim it that means your instance operator gets the money to held fund the instance so makes sense.
@joshbdoc @adam @10grans @Genen @doktorzhivago@liberdon.com @Johncdvorak @genen @Coyote @Moon @icedquinn
In and of itself it cant work that way without a few extra steps. Crypotcurrencies use public-private keys of entierly different algorithms than the ones fediverse servers use. So there needs to be a step that translates the instances key in one algo tot he key in the desired algo. That is doable but traditionally the standard does that through ciphering the private key and not the public. If that standard were maintained it would mean the owner of the instance would need to be aware and set it up before it could take transfers...
All that said I see a big problem with that approach.. Right now if someone tipped me 1 grans I can withdraw that from the bot because the bot is aware of crypto. IF instead that 1 grans was somehow transferred to a wallet associated with my instance, and assuming the admin of my instance didnt bother to setup the crypto and never does, that means all money sent to me is lost in a void never to be retrieved, at least now I can withdraw my crypto.
@joshbdoc @adam @10grans @Genen @doktorzhivago@liberdon.com @Johncdvorak @genen @Coyote @Moon @icedquinn
>That is doable but traditionally the standard does that through ciphering the private key and not the public.
It's feasible, I think.
>If that standard were maintained it would mean the owner of the instance would need to be aware and set it up before it could take transfers...
I think that you don't need it in advance. You can derive the 10gran private key from the instance's public key. IN THEORY.
well no you cant.. if you could do that then anyone could derrive it and then anyone could steal the funds stored in the instance since they would have the private key. Thus the problem.
The only non-standard way you could do it would require a unique key for every single instance-bot pair derived through the diffe-helman algorithm. But while that would create viable private keys it wouldnt be able to be reconstructed and discovered after-the-fact by an instance that doesnt participate until later. So it still wouldnt have the desired results your after.
@joshbdoc @adam @10grans @Genen @doktorzhivago@liberdon.com @Johncdvorak @genen @Coyote @Moon @icedquinn
>"how many people has 10grans?"
Tucson Coyote, Moon, and someone else, I don't remember his name.
I think it's me. Oh yes, I received some tips.
Oh, Adam Curry received some tips too.
Dude I have nothing to do with it. I just spend it. And think it's fun.
Oh, total, I think there are 1300 users?
@10grans rank
"what is possible" with this, is... something I've had some ideas about myself, which is why this is the first time a crypto had me pay this much attention at all. The shit it would be nice if it were easier to do... Ugh.
Is it necessary to overthink the bot? Why can't someone wanting to set up their own wallet just set up their own node, encourages decentralization of fedi, more nodes, because they are like wallets. Your wallet on your node can withdraw from the bot, or send out to a competitors bot I guess even ... Why does the bot need to involve wallets? I feel like I missed a step (bearly understand crypto, really).
Because people are lazy cunts.
Can't even put the money in your own wallet, shouldn't blame anyone if you loose it.
If bots dont involve wallets in at least some sense then there is now ay for you to cash out from the bot or deposit. That also means if i move servers I cant take my grans with me, but it also means I can never cash out my grans for cash either.
@icedquinn @mystik @genen @adam @joshbdoc @Moon @doktorzhivago@liberdon.com @Johncdvorak @10grans @Genen
Its already done with 10grans, so I have no need to build such a thing. I was explaining why going away from the way 10grans bot does it to instead transfering to instance keys (as proposed) would cause these issues to arrise.
@icedquinn @10grans @doktorzhivago@liberdon.com @mystik @adam @Genen @Johncdvorak @genen @Moon @joshbdoc @Coyote
Tipbots are nice, but still only for tips.