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Title: [Pre-ANN][Bit-X] **IPO FROZEN - Straight-to-Cryptsy-and-Mintpal! SEC SAFE IPO** Post by: Mastermine on May 28, 2014, 02:58:45 AM https://i.imgur.com/nRhJNeQ.png please view: https://bitcointalk.org/index.php?topic=628053.msg7828722#msg7828722 A Better Bit EXperience Launch: Pending IPO Website: http://www.BitXCoin.net https://i.imgur.com/5GXGjAK.png Algorithm: X-13 PoW/PoS Hybrid First X-13 with extended PoW for GPU! Why? PoW establishes a worth. GPU owners deserve a coin to be able to dedicated themselves to. Not just another PoS only coin that eventually leads to the gutter. The cost of power and the miners are what make a coin worthy! Don't get caught in another PoS Ponzi scheme! Total Coins: 21 Million Difficulty Retarget: Digi-Shield Block Time: 60 Seconds Pre-Mine: 0.5% Used for Promotions, Bounties and give-aways. (More specific information upon IPO release) 1% For IPO investors PoS: 1.75% per year 10 day minimum coin age Designed to prevent over-inflation and promote long term investments. PoW Block Rewards: 95% Reward = 1 5% Reward = Below Block 0-100,000 = Random 1-1000 Block 100,001-250,000 = Random 1-750 Block 250,000-500,000 = Random 1-563 Every 250,000 = Random 1 to 75% of previous Max reward This system is designed to deter short term mining making it very difficult for multi-pools to make a profit. https://i.imgur.com/TW28Z7N.png Due to recent events. We have decided to open an IPO. We were robbed of our personal investments and decided the only way we can afford to bring Bit-X alive is with your help! We also have decided this will be a great opportunity to get us directly on cryptsy! IPO FROZEN!! Due to recent news the IPO will be frozen until SEC papers are properly filed. We will not accept ANY BTC until proper paperwork is acquired and public. Why an IPO? IPO is a great way to help set a base exchange rate, aswell as distribute coins to investors quickly. This gives a chance for early investors both in the IPO and in the market to get there hands on some Bit-X. Also putting a coin directly on cryptsy after launch will spark huge interest. The IPO will be handled in waves: The first wave will pay for final development costs (which includes advertisement, final windows wallet development, faucet, block explorer, apple app, android app, mac wallet, reddit and IRC tipbot + much much more). The second wave will be strictly for the cryptsy vote (currently about 4.5 BTC required to be #1 on vote) and the mintpal vote (currently about 19 BTC) Both the first and second wave will be capped at 25BTC The third and final wave will be a set time limit with no cap that will be used for future developments. (IPO will be closed about 48 hours prior to launch) The first wave will contain 50% of total IPO, The second wave will contain 30% of IPO and the final wave will contain 20% of IPO. Early investors get more for offering there trust for longer. First and Second wave minimum entry: 0.01BTC (2,500 shares each wave) Third wave minimum: 0.005BTC (No limit) To participate in the first wave: IPO Frozen until SEC paperwork clears. Check back soon! then send an e-mail to coinmastermine@gmail.com with the txid, amount and preferred display name (or bitcointalk name) Why no escrow? We need more funds for development. We were robbed of over 2 btc of our own investments to get started. So we now have a professional contracted team standing by with already tons of experience in crypto-currency development. Once we have enough funds they will finish coin development professionally and they will also provide much more to be available at launch (listed above). We also will be starting a advertisement campaign which will absorb most of these funds. Why trust us? We see the potential in Bit-X. The IPO amount is very small in comparison to what we have planned for Bit-X. I have had this dream for some time and want to share it with others. I am willing to offer any information about myself to those that request it. Now that SEC paperwork is required there will be public information available about Bit-X and about myself. I will be held 100% accountable for all funds and using them properly. Your IPO is safe and well used! White paper release soon (prior to IPO release)! After the first wave is complete you will see the results! Once the second wave is complete we will have a guaranteed trip to the top of cryptsy AND mintpal vote! What coin has ever done that right at launch? This will be big and I intend to keep it going. I am active and intend to continue to be. I will do whatever it takes to assure mining for those like myself (like most I use GPU only and can not afford ASIC). Our dev team is growing fast and so is the community. This is why the IPO has an initial cap, I do not want to take more then is needed and will use it properly. Please feel free to contact me with any questions. https://i.imgur.com/fcAYvZi.png First Pool: http://bitx.0feepool.com (open for pre-reg) Second Pool: http://bitx.pool.mn Third Pool: http://bitx.v2.dedicatedpool.com Fourth Pool: http://bitx.suvpool.com Post here or join us in #BitX on Freenode to get your pool listed. Pools will be listed based on: 1. Trust 2. First to post https://i.imgur.com/6EvfB2O.png Our main focus will be getting on cryptsy. There is no reason to work too hard elsewhere, contribute to the IPO to make it happen or donate below! An exchange will be available on launch guaranteed. Post here or find us in #BitX on Freenode to get your exchange listed first! Your exchange will be listed on same criteria as above: 1. Trust 2. First to post Start donating to the Cryptsy Vote fund! Send your cryptsy points here: 166170cb2b8bbe226f66e27cb9ef5341707c72b8 Send your BTC here: 1LhDftdUwV36J6B9zBNAfq2PAJrDZkHy5G All proceeds will be saved for Cryptsy Vote! (sending BTC here will NOT get you into the IPO) https://i.imgur.com/LxiShzN.png Twitter: http://www.twitter.com/BitX13 Reddit: http://www.reddit.com/r/BitX IRC: http://webchat.freenode.net/?channels=bitx (#BitX on Freenode!) Social acolyte acquired more fun to come! https://i.imgur.com/CkzxY5t.png Working currently on the BitX Safe-Pay system. We will be releasing a website very similar to coinbase. This website will be setup with a PoF system (Proof of Funds) that we are working on that will verify your fund availability and give faster payments for online transactions. We also have a merchandiser prepared to create all sorts of BitX Gear. We will need a solid coin design and the "Dummy BitX" website complete prior to starting the process. Once we have hats, t-shirts etc we will quickly put up a BitX shop and have our own items such as GPU, Game systems, PC components and whatever else we can get a hold of :). What is "Dummy BitX"? This is a project working along-side BitX to help promote to outside users un-related to the crypto-world. It will start with a simple website that will be to the best of our ability "Dummy-Proof". It will explain everything from start to finish about crypto-currency and how to get started. It will also feature a new GUI miner that will simplify X-13 mining. We will then do everything we can to market this website. We will be holding rally's here in the Pacific NW and we would hope many of you join in across the globe! Feel free to post with your service offering. https://i.imgur.com/whOPJp2.png There will be quite a few bounties offered after release. If you can program an android wallet contact me! Donate BTC to development fund: 17U22enEhXQqxuu6UpF5PDg9juU9wtdHg4 Title: Re: [Pre-ANN][Bit-X] Time for a better Bit EXperience!*****BitX*****Launch Soon X11* Post by: lajz99 on May 28, 2014, 03:05:06 AM When?
Title: Re: [Pre-ANN][Bit-X] Time for a better Bit EXperience!*****BitX*****Launch Soon X11* Post by: Mastermine on May 28, 2014, 03:09:50 AM Title: Re: [Pre-ANN][Bit-X] Time for a better Bit EXperience!*****BitX*****Launch Soon X11* Post by: leaguecoin on May 28, 2014, 03:10:38 AM Good Luck :)
Title: Re: [Pre-ANN][Bit-X] Time for a better Bit EXperience!*****BitX*****Launch Soon X11* Post by: zxm7001 on May 28, 2014, 03:43:43 AM want get some free coins
if you need chinese translation,pm me :) Title: Re: [Pre-ANN][Bit-X] Time for a better Bit EXperience!*****BitX*****Launch Soon X11* Post by: edypa on May 28, 2014, 05:23:18 AM http://i.imgbox.com/Y4WAf5r4.jpg
http://bitx.0feepool.com/ 0% Fee pool online for pre-registration PROP reward system. Stratum with vardiff. Stable SSD Server, DDOS protection. Cashout are processed every minute. EMail Support Title: Re: [Pre-ANN][Bit-X] Time for a better Bit EXperience!*****BitX*****Launch Soon X11* Post by: bitalk on May 28, 2014, 05:44:51 AM very soon launch!
Title: Re: [Pre-ANN][Bit-X] Time for a better Bit EXperience!*****BitX*****Launch Soon X11* Post by: Mastermine on May 28, 2014, 07:01:43 AM want get some free coins if you need chinese translation,pm me :) There will be a huge list of bounties this will be included :). I will be sure to PM you when the time comes :). Welcome! First on the list! Get em ready you never know ;). Title: Re: [Pre-ANN][Bit-X] Time for a better Bit EXperience!*****BitX*****Launch Soon X11* Post by: susu on May 28, 2014, 07:04:49 AM Contains an anonymous function?
Title: Re: [Pre-ANN][Bit-X] Time for a better Bit EXperience!*****BitX*****Launch Soon X11* Post by: rubberpool on May 28, 2014, 07:06:52 AM http://bit.pool.mn will be soon ready for registrations.
Dev, please add it to your pool lists Title: Re: [Pre-ANN][Bit-X] Time for a better Bit EXperience!*****BitX*****Launch Soon X11* Post by: Mastermine on May 28, 2014, 07:46:37 AM Contains an anonymous function? Currently we are working on implementing and simplifying a coin-mixer. A lot happening at once right now but once that is complete we will be looking towards what can be done to silent transactions. We feel this is not a major necessity and can be implemented with the coin-mixer for those that need it. Later down the road it may become a higher priority but it is currently very difficulty to not leave some sort of paper trail. Also transparency in the beginning tends to make people feel a little safer. We don't need anyone bringing any bad JuJu over nothing o.O. For now transparency, the future brings new plans :). http://bit.pool.mn will be soon ready for registrations. Dev, please add it to your pool lists added :) and welcome! Title: Re: [Pre-ANN][Bit-X] Time for a better Bit EXperience!*****BitX*****Launch Soon X11* Post by: vanish9 on May 28, 2014, 08:19:34 AM http://bitx.pool.mn/ will soon be ready for mining!
http://bitx.pool.mn/ offers: • 0,99% fees • Powerful dedicated server • DDOS Protection • Friendly support via email, jabber or support forums • Skilled admin Please, join us (http://bitx.pool.mn) http://pool.mn/Themes/Dilber/images/theme/logo.png (http://bitx.pool.mn) Title: Re: [Pre-ANN][Bit-X] Time for a better Bit EXperience!*****BitX*****Launch Soon X11* Post by: binaryclock on May 28, 2014, 10:03:56 AM Sounds good, Dedicated will be in too! I'll make a pool in the next few hours
Title: Re: [Pre-ANN][Bit-X] Time for a better Bit EXperience!*****BitX*****Launch Soon X11* Post by: Mastermine on May 28, 2014, 04:29:46 PM Sounds good, Dedicated will be in too! I'll make a pool in the next few hours Good to hear :)! always good to have a dedicated pool ;) Title: Re: [Pre-ANN][Bit-X] Time for a better Bit EXperience!*****BitX*****Launch Soon X11* Post by: raskul on May 28, 2014, 04:30:52 PM B(ollo)x
:D :D :D :D :D :D :D nice1 who's holding Bx??? that's just crass man. Title: Re: [Pre-ANN][Bit-X] Time for a better Bit EXperience!*****BitX*****Launch Soon X11* Post by: CryptoGretzky on May 28, 2014, 04:32:31 PM Ninja within 2 weeks... you mean sometimes today? ;)
Title: Re: [Pre-ANN][Bit-X] Time for a better Bit EXperience!*****BitX*****Launch Soon X11* Post by: cryptoangel on May 28, 2014, 04:38:15 PM If only it was today!, can you add a sample config file + name.
Title: Re: [Pre-ANN][Bit-X] Time for a better Bit EXperience!*****BitX*****Launch Soon X11* Post by: WhyMe on May 28, 2014, 04:57:11 PM I like ninja launch :)
Title: Re: [Pre-ANN][Bit-X] Time for a better Bit EXperience!*****BitX*****Launch Soon X11* Post by: Mastermine on May 28, 2014, 11:30:18 PM Added cryptsy vote fund, Please contribute!
I dont expect much until after launch but please contribute! Once cryptsy opens vote all proceeds will be dumped into the vote and the address will be changed to the direct vote address. If only it was today!, can you add a sample config file + name. Config will be added when final Announcement is made :). Title: Re: [Pre-ANN][Bit-X] Time for a better Bit EXperience!*****BitX*****Launch Soon X11* Post by: cryptoangel on May 29, 2014, 12:17:14 AM Added cryptsy vote fund, Please contribute! I dont expect much until after launch but please contribute! Once cryptsy opens vote all proceeds will be dumped into the vote and the address will be changed to the direct vote address. If only it was today!, can you add a sample config file + name. Config will be added when final Announcement is made :). Looking forward to blast off I hope I don't miss it!. Title: Re: [Pre-ANN][Bit-X] Time for a better Bit EXperience!*****BitX*****Launch Soon X11* Post by: MiningMinion on May 31, 2014, 06:42:18 PM Any updates on when this will launch?
Title: Re: [Pre-ANN][Bit-X] Time for a better Bit EXperience!*****BitX*****Launch Soon X11* Post by: cryptoangel on May 31, 2014, 06:49:28 PM Any updates on when this will launch? The last I heard was they was still doing some work :). Title: Re: [Pre-ANN][Bit-X] A Better Bit EXperience!***IPO OPEN - Straight-to-Cryptsy!*** Post by: Mastermine on June 04, 2014, 06:31:38 PM Sorry for the lack of news guys. I got robbed for over 2BTC :'(.. So now is a time for change. The ipo is now part of the innovation! We are going STRAIGHT-TO-CRYPTSY!!!! Get in while the first wave is open!
Title: Re: [Pre-ANN][Bit-X] A Better Bit EXperience!***IPO OPEN - Straight-to-Cryptsy!*** Post by: lajz99 on June 04, 2014, 10:20:33 PM We are going STRAIGHT-TO-CRYPTSY!!!! That is such a bunch of bullshit. DO NOT FALL FOR THIS IPO SCAM. YOU CAN SEE THEY HAVE ALREADY LOST 2 BTC, IT IS NOT WORTH THE RISK. Title: Re: [Pre-ANN][Bit-X] A Better Bit EXperience!***IPO OPEN - Straight-to-Cryptsy!*** Post by: Mastermine on June 05, 2014, 12:47:01 AM We are going STRAIGHT-TO-CRYPTSY!!!! That is such a bunch of bullshit. DO NOT FALL FOR THIS IPO SCAM. YOU CAN SEE THEY HAVE ALREADY LOST 2 BTC, IT IS NOT WORTH THE RISK. this is not a scam. I lost btc due to using a random person who I thought I could trust... The money was my girlfriends and mine. That was my mistake. currently we have a team standing by that has created coins in the past and has HUGE backing. They ask that they not be mentioned at this time until the money is paid (I cant blame them they don't know me either). I don't expect anyone to hop on board but this is no scam. I am full hearted into this. I will do what it takes to prove it. I understand if you dont want to risk it then don't. But whatever I can do, I will to show this is no scam. There will be a spot guaranteed on an exchange (not including the ipo will pay for cryptsy aswell), there will be a brand new logo. We already have a place with some great pools and many more to come. There will be tons of giveaways, competitions and bounties. Theres no reason for me to take such a small IPO. If I wanted peoples money I would take more then 5btc. after the first wave there will be plenty of proof (advertisements, wallet gui, etc) and things will quickly take off. I wish I could prove it now but once we achieve the first wave there will be plenty of proof to go around. That is why the first wave gives so much (50%) of the IPO. If you put your trust in me first you will earn the largest chunk. I can only do so much to prove it but I am dedicated to Bit-X and the future of GPU mining. Don't let the other IPO failures scare you away :/. IPO can be a good thing and I assure I will make this one of the best. Title: Re: [Pre-ANN][Bit-X] A Better Bit EXperience!***IPO OPEN - Straight-to-Cryptsy!*** Post by: lajz99 on June 05, 2014, 01:09:42 AM we have a team standing by that has created coins in the past and has huge backing. . Why is this "team" creating new coins rather than working on the coins they have created in the past? Easy answer = IPO money Title: Re: [Pre-ANN][Bit-X] A Better Bit EXperience!***IPO OPEN - Straight-to-Cryptsy!*** Post by: Mastermine on June 05, 2014, 01:51:31 AM we have a team standing by that has created coins in the past and has huge backing. . Why is this "team" creating new coins rather than working on the coins they have created in the past? Easy answer = IPO money The team is not mine. they create different services for coins (block explorer, faucet, guaranteed exchange, promotion, development etc). For 5BTC total we can have all of those things. On top of this the launch straight to the top of cryptsy will greatly increase awareness. The team here at Bit-X is still just 3 me, my girlfriend (msxtra) and Joe (Saligar). we are doing our best to set up PR events and advertise. Right now is sort of a waiting game as we need a solid design to market I am not 100% on the current logo. Would like to have more to work with. Which is all coming. There is no reason for me to take the IPO. I want this coin to happen. I want it to be the best. If it does I will easily have more then the IPO could ever provide for me. I am not here to bring anyone down. I was there for panda and bought my way to broke. I was there for stack and lost a small stack myself. I want this to be different. I see no reason to take from anyone when the potential is far more then the IPO amount. I will do everything I can to make sure that Bit-X is quickly a very profitable coin and there will always be continued development. I am working hard to assure that wave 3 pays for the guiminer and andriod app. Now that apple is allowing crypto-apps I would also like to quickly get an apple app to be one of the first to do so. Theres no reason Bit-X cant hit the moon and beyond, Theres no reason for me to take the IPO that can get it there. Bit-X is the coin of the future! Title: Re: [Pre-ANN][Bit-X] A Better Bit EXperience!***IPO OPEN - Straight-to-Cryptsy!*** Post by: cryptoangel on June 05, 2014, 02:00:23 AM Quote I lost btc due to using a random person who I thought I could trust and this was my girlfriend Quote The team here at Bit-X is still just 3 me, my girlfriend (msxtra) and Joe (Saligar). we are doing our best to set up PR events and advertise .Have I read this wrong?. Time to sell the girlfriend. Title: Re: [Pre-ANN][Bit-X] A Better Bit EXperience!***IPO OPEN - Straight-to-Cryptsy!*** Post by: Mastermine on June 05, 2014, 02:06:28 AM Quote I lost btc due to using a random person who I thought I could trust and this was my girlfriend Quote The team here at Bit-X is still just 3 me, my girlfriend (msxtra) and Joe (Saligar). we are doing our best to set up PR events and advertise .Have I read this wrong?. Time to sell the girlfriend. LOL!!!! Yes I totally wrote that in a bad order. It should say "I was using a random person I thought I knew/could trust...... This was my girlfriend and I's money." I am not that crazy! LOL Title: Re: [Pre-ANN][Bit-X] A Better Bit EXperience!***IPO OPEN - Straight-to-Cryptsy!*** Post by: reeferman on June 05, 2014, 05:44:19 AM hmm...
might be time to think outside of the box for funding.. http://www.cryptocoinsnews.com/news/us-sec-fines-erik-voorhees-unregistered-bitcoin-ipos/2014/06/03 (http://www.cryptocoinsnews.com/news/us-sec-fines-erik-voorhees-unregistered-bitcoin-ipos/2014/06/03) Title: Re: [Pre-ANN][Bit-X] A Better Bit EXperience!***IPO OPEN - Straight-to-Cryptsy!*** Post by: Mastermine on June 05, 2014, 07:39:40 AM hmm... might be time to think outside of the box for funding.. http://www.cryptocoinsnews.com/news/us-sec-fines-erik-voorhees-unregistered-bitcoin-ipos/2014/06/03 (http://www.cryptocoinsnews.com/news/us-sec-fines-erik-voorhees-unregistered-bitcoin-ipos/2014/06/03) Someone just showed this to me in the IRC chat. Unfortunately the IPO is now frozen until further notice. I will do my best to file with the SEC as quick as possible. This will also help validate legitimacy so although it is a set back I feel it will overall improve the IPO. Title: Re: [Pre-ANN][Bit-X] **IPO FROZEN - Straight-to-Cryptsy-and-Mintpal! SEC SAFE IPO** Post by: Mastermine on June 11, 2014, 06:46:27 AM Sorry for the delay in news everyone:
https://twitter.com/BitX13/status/476616041762541568 Will be sure to update the OP when everything is ready to go! Title: Re: [Pre-ANN][Bit-X] **IPO FROZEN - Straight-to-Cryptsy-and-Mintpal! SEC SAFE IPO** Post by: michael231 on June 15, 2014, 11:50:12 AM IPO,how i to do？？ ???
Title: Re: [Pre-ANN][Bit-X] **IPO FROZEN - Straight-to-Cryptsy-and-Mintpal! SEC SAFE IPO** Post by: axsdf on June 15, 2014, 12:05:34 PM I dont expect much until after launch but please contribute! Once cryptsy opens vote all proceeds will be dumped into the vote. ;D
Title: Re: [Pre-ANN][Bit-X] **IPO FROZEN - Straight-to-Cryptsy-and-Mintpal! SEC SAFE IPO** Post by: Mastermine on June 15, 2014, 06:49:11 PM IPO,how i to do？？ ??? IPO is frozen pending SEC approval. Unfortunately its a big waiting game and I am currently waiting on legal advisors to complete there research and provide me with a 100% legal + safe IPO release. As far as I am aware this will be the first actual legal IPO and publicized development team. We are working hard to make this the most transparent IPO ever to be available with the safest possible investment opportunities. The development plan is huge for this one. There will never be a bigger launch, never be a bigger investment opportunity. I will do everything I can to make sure of that. Fresh out the gate to the tops of vote lists and straight to exchange. An actual Bit-X merchandise available very shortly after launch. Actual places to spend Bit-X. A wallet that stands out in the crowd and provides optimum security / features. A place for brand new users to learn and rallys to gather those people. I may be increasing the premine to fund super rally's where we will give away thousands of Bit-X to people who mostly have no clue about crypto. My goal is to establish this coin outside of what is already there. Why focus on trying to steal people from bitcoin or litecoin when in reality we should be establishing a foundation of new dedicated miners. I also want to support mining for much longer then recent POS coins. Theres no reason GPU miners should stop mining. Coins are worth more because of the power use of making them. People enjoy mining and this is what attracts those new members. The reason POS coins continue to raise up and die is because of this. GPU miners are important and I intend to keep them that way. If at any point X13 becomes mineable by ASIC we WILL change algo. No matter the popularity! I am sick of the promise of coins like litecoin who failed to deliver. With very poor development aswell you never see anything new come out of litecoin. Anyways I am excited to take action and be the one to make this happen. I am sick of the crap coins. sick of the scams. sick of the failed dedications. I am committed to providing a supported and profitable coin that is for the normal everyday user and can actually be used! imagine that! :P Title: Re: [Pre-ANN][Bit-X] **IPO FROZEN - Straight-to-Cryptsy-and-Mintpal! SEC SAFE IPO** Post by: DudeAtWork420 on June 16, 2014, 02:04:58 AM IPO,how i to do？？ ??? IPO is frozen pending SEC approval. Unfortunately its a big waiting game and I am currently waiting on legal advisors to complete there research and provide me with a 100% legal + safe IPO release. As far as I am aware this will be the first actual legal IPO and publicized development team. We are working hard to make this the most transparent IPO ever to be available with the safest possible investment opportunities. The development plan is huge for this one. There will never be a bigger launch, never be a bigger investment opportunity. I will do everything I can to make sure of that. Fresh out the gate to the tops of vote lists and straight to exchange. An actual Bit-X merchandise available very shortly after launch. Actual places to spend Bit-X. A wallet that stands out in the crowd and provides optimum security / features. A place for brand new users to learn and rallys to gather those people. I may be increasing the premine to fund super rally's where we will give away thousands of Bit-X to people who mostly have no clue about crypto. My goal is to establish this coin outside of what is already there. Why focus on trying to steal people from bitcoin or litecoin when in reality we should be establishing a foundation of new dedicated miners. I also want to support mining for much longer then recent POS coins. Theres no reason GPU miners should stop mining. Coins are worth more because of the power use of making them. People enjoy mining and this is what attracts those new members. The reason POS coins continue to raise up and die is because of this. GPU miners are important and I intend to keep them that way. If at any point X13 becomes mineable by ASIC we WILL change algo. No matter the popularity! I am sick of the promise of coins like litecoin who failed to deliver. With very poor development aswell you never see anything new come out of litecoin. Anyways I am excited to take action and be the one to make this happen. I am sick of the crap coins. sick of the scams. sick of the failed dedications. I am committed to providing a supported and profitable coin that is for the normal everyday user and can actually be used! imagine that! :P We at Crypto Ambassador hear your pains. Come join us @ https://bitcointalk.org/index.php?topic=652238.0 in creating the next stage of cryptocurrency. Currently seeking Board of Trustees. Title: Re: [Pre-ANN][Bit-X] **IPO FROZEN - Straight-to-Cryptsy-and-Mintpal! SEC SAFE IPO** Post by: Mastermine on June 22, 2014, 03:25:49 PM IPO,how i to do？？ ??? IPO is frozen pending SEC approval. Unfortunately its a big waiting game and I am currently waiting on legal advisors to complete there research and provide me with a 100% legal + safe IPO release. As far as I am aware this will be the first actual legal IPO and publicized development team. We are working hard to make this the most transparent IPO ever to be available with the safest possible investment opportunities. The development plan is huge for this one. There will never be a bigger launch, never be a bigger investment opportunity. I will do everything I can to make sure of that. Fresh out the gate to the tops of vote lists and straight to exchange. An actual Bit-X merchandise available very shortly after launch. Actual places to spend Bit-X. A wallet that stands out in the crowd and provides optimum security / features. A place for brand new users to learn and rallys to gather those people. I may be increasing the premine to fund super rally's where we will give away thousands of Bit-X to people who mostly have no clue about crypto. My goal is to establish this coin outside of what is already there. Why focus on trying to steal people from bitcoin or litecoin when in reality we should be establishing a foundation of new dedicated miners. I also want to support mining for much longer then recent POS coins. Theres no reason GPU miners should stop mining. Coins are worth more because of the power use of making them. People enjoy mining and this is what attracts those new members. The reason POS coins continue to raise up and die is because of this. GPU miners are important and I intend to keep them that way. If at any point X13 becomes mineable by ASIC we WILL change algo. No matter the popularity! I am sick of the promise of coins like litecoin who failed to deliver. With very poor development aswell you never see anything new come out of litecoin. Anyways I am excited to take action and be the one to make this happen. I am sick of the crap coins. sick of the scams. sick of the failed dedications. I am committed to providing a supported and profitable coin that is for the normal everyday user and can actually be used! imagine that! :P We at Crypto Ambassador hear your pains. Come join us @ https://bitcointalk.org/index.php?topic=652238.0 in creating the next stage of cryptocurrency. Currently seeking Board of Trustees. Very interesting vision. Hope to share insights and things go well for you and the crypto-ambassadors :). Things got a little rough here for me personally. I have lost my job and I am running out of options. I will do my best to keep things updated here and I still have a meeting on the 3rd of July to get this sec filings completed. I do have a team waiting to back me up and tons of great things in store for Bit-X. Just a lot going on personally and the major delays waiting for legal meetings has really slowed down even the opening of the IPO. Life happens though. Anyways Im off to find a job :). If anyone out there is hiring let me know ;). Title: Re: [Pre-ANN][Bit-X] A Better Bit EXperience!***IPO OPEN - Straight-to-Cryptsy!*** Post by: johnty82 on June 22, 2014, 03:58:10 PM hmm... might be time to think outside of the box for funding.. http://www.cryptocoinsnews.com/news/us-sec-fines-erik-voorhees-unregistered-bitcoin-ipos/2014/06/03 (http://www.cryptocoinsnews.com/news/us-sec-fines-erik-voorhees-unregistered-bitcoin-ipos/2014/06/03) Someone just showed this to me in the IRC chat. Unfortunately the IPO is now frozen until further notice. I will do my best to file with the SEC as quick as possible. This will also help validate legitimacy so although it is a set back I feel it will overall improve the IPO. Does this apply only to americans offering IPO's or anyone offering IPO's that americans might invest in? Title: Re: [Pre-ANN][Bit-X] **IPO FROZEN - Straight-to-Cryptsy-and-Mintpal! SEC SAFE IPO** Post by: Bfljosh on June 22, 2014, 04:00:58 PM How on earth can this coin go straight to Cryptsy??!?!?!
1,5% premined Garbage, no innovation, and a lulzy 1,5% POS. Title: Re: [Pre-ANN][Bit-X] **IPO FROZEN - Straight-to-Cryptsy-and-Mintpal! SEC SAFE IPO** Post by: Mastermine on June 22, 2014, 05:11:19 PM How on earth can this coin go straight to Cryptsy??!?!?! 1,5% premined Garbage, no innovation, and a lulzy 1,5% POS. People who think the person with the largest bag should gain more then a 5mh/s miner per day in interest is crazy. The IPO is putting Bit-X at the top of the vote list. That doesn't guarantee us a spot on Cryptsy but so long as the votes pour in afterwards they will have no option. This is not a PoS based coin. this is PoW/PoS hybrid. PoS coins die every day. This is not a coin designed to be pumped and dumped. The premine will be distributed to IPO investors and for future development needs. There will be public information prior to the IPO release showing where all funds will be divided The innovation is that I actually studied hundreds of coins from start to end. Viewed the struggles and accomplishments. I was there in the communities and part of many of them. We have adapted what I have learned to bring a more solid coin structure. We have a dynamic reward system that will prevent short term multi-pool attacks. Not that these are major innovations yet but they will be further developed before release. We are bringing every possible major and minor ideas to light and adapting them to Bit-X. You will see the same innovations of others with much needed improvements as well as a few new ideas to come. Alot of the focus will be educating and finding new users to bring to crypto-currency. Not just taking users that are already there but actually establishing a foundation outside of the crypto-world and bringing people in. We feel this is a major reason a majority of crypto-coins tend to fail as they are stuck within the confines of the crypto-world with no hope of expansion. I feel another innovation is for the IPO release you will see actual SEC certification which is something I have yet to see for any coins IPO. You will see what all the funds are going to and how they will help. They will actually be used towards productive uses not just lining pockets. I will have public information about myself available and likely the development team (privacy issues pending, I may be the only one fully publicized). I will put my name on the line and stand behind Bit-X. We will implement new features as they come out and as I mentioned in the past the algo WILL change if GPU's are compromised. This is not an empty promise NO MATTER THE ADOPTION RATE! GPU WILL THRIVE! I may not be mr. moneybags but I do know what works and I truely am dedicated to providing the best possible option for all of us. I am a miner myself and I am dedicated to keeping the little guy strong. There should always be a place for GPU in mining. Bit-X will be that place. hmm... might be time to think outside of the box for funding.. http://www.cryptocoinsnews.com/news/us-sec-fines-erik-voorhees-unregistered-bitcoin-ipos/2014/06/03 (http://www.cryptocoinsnews.com/news/us-sec-fines-erik-voorhees-unregistered-bitcoin-ipos/2014/06/03) Someone just showed this to me in the IRC chat. Unfortunately the IPO is now frozen until further notice. I will do my best to file with the SEC as quick as possible. This will also help validate legitimacy so although it is a set back I feel it will overall improve the IPO. Does this apply only to americans offering IPO's or anyone offering IPO's that americans might invest in? I am not 100% sure but I believe its only Americans offering IPO's. Either way this is the way it really should be. If your going to create an investment of any magnitude then there should be public documents showing its legitimacy. Its ok for the coin to be Anon but personally I feel the person behind it should be transparent. Especially when asking for investments. I don't have enough of my own money to invest (in fact I don't have much at all I may barely get to be a part of the IPO, if im even allowed to? unsure at this point lol), so I will be doing my best to provide a safe investment that returns profits for all involved. Title: Re: [Pre-ANN][Bit-X] **IPO FROZEN - Straight-to-Cryptsy-and-Mintpal! SEC SAFE IPO** Post by: Mastermine on July 13, 2014, 11:39:25 PM After being unable to find the funds needed to start Bit-X and the IPO marketing on my own I have decided to hold off until I can complete the programming of bit-x myself. I am enrolled to get my bachelors degree in Software Engineering and soon will be able to use my skills to create Bit-X myself. I don't want to rely on anyone and I want there to be a solid continuous developer working on wallet features. So soon this will be me but for now I am putting off the adventure. Bit-X will still rise when the time is right.
For now you can find me managing reddit for JudgeCoin. I will continue to put my efforts and skills into JudgeCoin and you can find more information about me here: http://www.judgecoin.com/TEAMBIOS/Mastermine/tabid/105/Default.aspx I want this to be the best option for investors and miners alike and i feel I am too weak of a developer at this point to expect others to follow or expect the IPO to fully fund operations. I will do everything I can in the future to make this happen once I feel I have the skills needed to be a proper coin dev (and the extra time available). For now everything will be put on hold and my focus will be completing school and Judgecoin. Come join us in the JudgeCoin community to find a honest group of developers trying hard to push an honest coin to the next level! Expect the same plan for bit-X but with more features and innovations in the future! For now we wait :). For now we mine Judge :). Thanks for the support up to this point and dont expect it to be over! the future will bring Bit-X :). Title: Re: [Pre-ANN][Bit-X] A Better Bit EXperience!***IPO OPEN - Straight-to-Cryptsy!*** Post by: Vagnavs on July 14, 2014, 12:02:26 AM hmm... might be time to think outside of the box for funding.. http://www.cryptocoinsnews.com/news/us-sec-fines-erik-voorhees-unregistered-bitcoin-ipos/2014/06/03 (http://www.cryptocoinsnews.com/news/us-sec-fines-erik-voorhees-unregistered-bitcoin-ipos/2014/06/03) Someone just showed this to me in the IRC chat. Unfortunately the IPO is now frozen until further notice. I will do my best to file with the SEC as quick as possible. This will also help validate legitimacy so although it is a set back I feel it will overall improve the IPO. That's a bit different than your typical coin IPO. Just look at iceberg coin, among others. But do what you think is right.. No pressure here. Title: Re: [Pre-ANN][Bit-X] **IPO FROZEN - Straight-to-Cryptsy-and-Mintpal! SEC SAFE IPO** Post by: provenceday on July 14, 2014, 10:31:17 AM launched?
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