Viacheslav Semenchuk, a Russian entrepreneur, has just launched a cryptocurrency for Jews.
Similar in concept to Bitcoin, it is called BitCoen, "the first Kosher cryptocurrency," as described on the company's Russian website. In the US, Coen and its variant Cohen are common surnames in the Jewish community; in Hebrew, they mean priest.
Semenchuk, according to RT, has invested $500,000 in the project and hopes to raise as much as $20m through an initial coin offering that aims to sell 100m worth of BitCoen digital tokens to investors.
With that much market capitalization, BitCoen would rank at about 115th among the more than 1,000 cryptocurrencies tracked by coinmarketcap.com. Bitcoin's current market cap is about $55bn.
The company began a pre-sale through its website on Wednesday, offering 300,000 BitCoen (under the abbreviation BEN) at a price of $0.75 per token. It expects to launch a wider offering in October.
"Our team came to the conclusion that the Jewish community is the world's only community within the framework of which a full-fledged and self-sufficient cryptocurrency can be created and recognized by the whole community," said Angelika Sheshunova, COO of BitCoen.
>>3013325
>semenchuk
o fug i pee form laff
>>3013325
Thanks, OP. I'll buy the bags as I am cattle.
>>3013386
Jerusalem Post article:
http://www.jpost.com/Diaspora/BitCoen-to-become-first-electronic-currency-specifically-for-Jews-501885
get in here bros
>missed ETH
>missed NEO
>missed IOTA
>missed OMG
Meanwhile I was dicking around in Monero and Ripple. FUCK THIS
>>3013306
Sold NEO @ 20$, made x4 profit but now missing the mission to 100$ which sucks.
Totally missed OMG because thought it was a scam coin.
Missed everything else too because i dont trust biz as they just shill shit all day. I guess some of the threads were right, its just figuring out which one is which
Why are you missing DNT? We're back in the launchpad for another moon to 2000 sats tonight
>>3013306
It's not too late to miss BAT. it'll moon in a few weeks time. like seriously, check reputable analysis fags on twitter
Oil better be 20 pips higher in an hour.
I'm thinking putting some into ETH, but what else?
NEO
>>3013281
Go NEO or OMG
>>3013281
go all dnt
https://www.forbes.com/sites/nikolaikuznetsov/2017/08/10/the-ceo-of-neo-banks-on-blockchain-to-build-a-smart-economy/#5ae1177b3ddf
Underground Atlanta rappers seem to have caught onto the wave. What does this mean for BTC? Are they on exchanges like us or laundering drug/scam money? Will this effect prices in anyway?
>>3013246
Consider it a money sink. They will either forget their password, get hacked or shot.
>>3013290
>hacked
You expect these retarded niggers to get around encryption?
>>3013362
try reading it again
What went wrong?
>>3013243
CNN
https://www.forbes.com/sites/nikolaikuznetsov/2017/08/10/the-ceo-of-neo-banks-on-blockchain-to-build-a-smart-economy/
Sell the news
/sites/nikolaikuznetsov
Oh, it’s just some blog. Not even gonna unblock their dozen scripts to read this.
Bought in at 7, sold at 11. Bought back in today. I want to kill myself, but this reminds me a lot of the rise of ETH. It's been on an upward trend for a week now. No reason to think this will follow conventional rules. I may be wrong but I see this spiking up to over a hundred at least, and very soon.
NEO just overtook ETC in Market Cap
IOTA, DASH you are next...
>not filtering non-mineable and premined shit
NEO going to top 5.
>>3013207
While QTUM quietly rides the NEO wave.
>he missed another ATH because of the FUD
How many more will you miss anon? This coin is equal or better than Ethereum and it's 1/20th the price. What are you seriously waiting for? A dip? Everyone is waiting for a dip. You don't make money playing along with the crowd.
>>3013201
Not listed on bitfinex. Not worth it.
>>3013214
It will be the number 7 coin in terms of volume tmrw. It will get listed their inevitable kid
How smart would it be to throw another 10k usd at neo right now?
its the smartest possible decision you can make at this point in time
Aren't the chinks gonna do a massive dump in a few hours since its Friday? Fuck me I really don't know what to do.
Throw them at STRAT instead.
>not buying the next big chinkcoin
Is it? I was looking at this earlier. 47m mktcap
>>3013176
8 million 24 hour volume on a chink exchange with not even a peep here
POW
until this pops like neo its a ticket to print money
It's a scam
Will they ever? Or will they just fade away as we ride off into the sunset in our lambos
My only regret is not going all in at 3$
They never go away.
Nocoiners are still FUDing BTC and even though ETH went from pennies to 400 FUDers cheered when it crashed to 200 again
>>3013171
They won't learn until they realize the truth, there is no dip
/biz/ gold thread
http://i.4cdn.org/gif/1502333254647.webm
why does this feel so dirty
>>3013093
because crypto is a ponzi, we all know it but we're just riding the waves
>>3013093
Because you are trading valuable currency for valueless currency based on technology you don't even understand
>>3013093
because you've been conditioned by the jews to feel bad about success