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@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
Tipbots are nice, but still only for tips.
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
@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
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
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.
> 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.