[SIM-2090815]

I think that would be very intresting and i think it will raise OMC value and dif

[Infinity.]

That's how you do it man, you supply the demanded, this will definitely increase the value of Omnicoin, you have my wishes Sir.

[Dean Winchester‎]

Just one million?

That's way too little imho

Other than that it seems like a great idea :D

I guess it would take a long time acquiring the funds though...

[Eternal.]

Pretty sure that no one besides me does.

I agree that more has to come but an immediate rise in value would be a nice spark into that. So let's say I line up 2-3 features on HF and just before I implement them I do this auction first. Then as the auction begins I announce the new features implemented for OMC and enact them. Would be a grand plan that imho could work to spark value and usage to the community almost immediately.

I would love to see this, and after reading the updates in the thread and seeing how hard it would be for people to get 1 Million, this could be a very beneficial plan. Especially if you implement a few new features at the same time.

[King Exchanger]

Why not give a 5% discount for awards paid with OMC?

[Supreme‌‌‌‌‌‌‌]

Seems like a great idea. This will surely increase the value of OMC. Looking forward to this!

[Omniscient]

Why not give a 5% discount for awards paid with OMC?

More incentive has to be made for members to trade OMC between each other. I cannot simply just keep taking OMC for my own wallet which I don't sell and ends up being valueless to me.

I must do more to have OMC utilized on our site between members.

[webdev77]

Why not give a 5% discount for awards paid with OMC?

That's hardly going to cause a notable impact on the value and will devalue the awards.

A group seems like a good idea, but I would be concerned about a major pump and dump scheme going on in the process.

[Viral Dragon]

Lol. People would be scrambling every which way to get 1 million OMC then.
Not a bad idea to drive the price up. Do ALL the stipulations of a group owner
still apply? As in can't own more than 1 group or whatnot?

-Viral.

[Aura 2.0]

More incentive has to be made for members to trade OMC between each other. I cannot simply just keep taking OMC for my own wallet which I don't sell and ends up being valueless to me.

I must do more to have OMC utilized on our site between members.

Why not start selling some OMC that you are holding?

[Omniscient]

A group seems like a good idea, but I would be concerned about a major pump and dump scheme going on in the process.

Except I wouldn't sell any OMC and the dump would be on me. Yes, this is a stupid stupid idea if my goal was to make money. It's an incredibly good idea if I want OMC to have more value for members.

[Tony Stark]

I agree that more has to come but an immediate rise in value would be a nice spark into that. So let's say I line up 2-3 features on HF and just before I implement them I do this auction first. Then as the auction begins I announce the new features implemented for OMC and enact them. Would be a grand plan that imho could work to spark value and usage to the community almost immediately.

I was a bit skeptical originally, but this post has cleared it up. I think that plan would work quite nicely.
I won't lie that plan made me a bit excited. 🤝

[tweety]

Except I wouldn't sell any OMC and the dump would be on me. Yes, this is a stupid stupid idea if my goal was to make money. It's an incredibly good idea if I want OMC to have more value for members.

Why not make stickies OMC only first? I'm sure the price and demand will jump significantly for marketeers. If it turns out to be successful, implement it for upgrades and eventually use it as the only currency for HF. I know it seems like I'm just throwing ideas around, but it sounds good in my head. What'd you think?

EDIT: I still think this is a terrible idea, the group for a million OMC. Please don't do it ;-;.

[Riggs]

Pretty sure that no one besides me does.

Is this a strategic method of manufacturing an OMC value inflation? Even as a proposal it's a win. I'd probably do the same if I was in your shoes and confident I owned controlling shares.

[webdev77]

Except I wouldn't sell any OMC and the dump would be on me. Yes, this is a stupid stupid idea if my goal was to make money. It's an incredibly good idea if I want OMC to have more value for members.

If you are willing to take the risk, go for it. We won't know for sure until people start scrambling for coins.

I personally will not be scrambling to grab the million OMC, but I'll stay tuned to see how things turn out. Thanks for the updates.