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« on: December 08, 2013, 12:21:59 PM »
But why? Other than profit for nothing, I don't see the point.
Goldcoin is still very easy to mine and anyone interested in it can download the client and mine (solo or via a pool), and find help online in forums like this one, if they are having problems figuring it out. If bitcoin is anything to go by, then those who get in early are the ones who'll stand to make the most profit. As more people mine, the more the difficulty goes up, and the more those earlier adopters can congratulate themselves on their pioneering foresight. There's really no need to directly attach your earnings to another person's efforts. By getting in this early, you're already onto an even better thing that those who'll join in months or years to come. Trust me, I wish I'd actually done something about mining or buying bitcoin when I first heard about it in 2011.
IMO, adding an affiliate marketing slant to goldcoin, especially when there's no service or product attached, really just makes it easy for detractors to call it a ponzi scheme. And, with gold (the metal) being a hedge against the fiat banking system, the word "ponzi" is not one that goldcoin (the crypto currency) should seek to attach to itself.
In my limited experience, crypto currency communities, especially in the early stages, tend to help out newbies and encourage those who might be interested by giving to them, not by finding ways to profit off them. That's how I earned the few mBTC that I have, via incentives like bitcoin faucet and other online giveaways. Not having the cash or hardware that it takes to seriously mine BTC these days, I now don't mind if someone earns off of my cloud mining efforts from me clicking on their referral link. After all, from my research before joining CEX, I've pretty much been able to buy the power of a BF1 USB chip without any of the associated hassle (or cost), and for less than the price that I've seen them advertised for (£199 for 2.2 to 2.7 Gh/s, as opposed to the BTC 0.18 that I paid for 2.65 Gh/s last weekend). So if someone's going to earn off of my playing at mining, I don't have a problem with that, given I wasn't keen on the alternative bitcoin mining options.
I think that if you want to enhance and build the reputation of goldcoin and the community, your time might be better spent coming up with an idea/product that can be marketed and from which you can earn goldcoin, than figuring out how to make it the first MLM ponzicoin.
Please don't take my comments as criticism of you as a person. I tend to be quite straightforward and blunt in how I express myself in words, and am aware that I often cause offence where none was meant.
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