Bitcoin Forum

Other => Beginners & Help => Topic started by: jesse11 on May 16, 2013, 10:02:27 PM



Title: BitBar
Post by: jesse11 on May 16, 2013, 10:02:27 PM
Hello Guys, I have a question and hope you folks will enlighten me. Do you think BitBar is a good coin and will it last? Also what will it be worth in Bitcoin money? Thank You  :)


Title: Re: BitBar
Post by: Super Miner on May 16, 2013, 10:14:55 PM
Given their technical description:

"Bitbar includes modified PPC's 'exponential moving average' difficulty/reward adjustment introduced in NVC. It's modified in a way that reward decreases a little slower, so first players don't have so much advantage over later ones.
With simulations and testing, chain should operate smoothly for years."

It seems that it might have a hard time taking off? However might be really interesting if it does!


Title: Re: BitBar
Post by: jesse11 on May 16, 2013, 10:16:55 PM
Thank You for your input  :)  I hope it will be very successful  ;D


Title: Re: BitBar
Post by: reich on May 16, 2013, 10:56:36 PM
BitBar will fail just as much as its name applies.


Title: Re: BitBar
Post by: jesse11 on May 16, 2013, 11:18:30 PM
Why do you think it will fail?


Title: Re: BitBar
Post by: Pmalek on May 17, 2013, 12:05:46 AM
I dont like Bitbar because of slow confirmations... Whats up with that? I dont see how it can be more secure coin that way...


Title: Re: BitBar
Post by: jesse11 on May 17, 2013, 12:07:55 AM
He may be running a slow or old Computer.


Title: Re: BitBar
Post by: BTCoder on May 17, 2013, 12:08:54 AM
Bitbar just doesnt have the backing of other currencies, and its to much like PHP which itself isnt doing good at all.


Title: Re: BitBar
Post by: jesse11 on May 17, 2013, 12:10:36 AM
It can be paid in Bitcoins, as far as I understand.