can I just send more BTC to the same BTC address if I want to buy more?
or do I need to make a new wallet?
thanks
no, should not send more btc to the same wallet generated in the process.. however, if you are able to manage your own bitcoin wallet, you could invest by sending bitcoins to the exedos address directly. 33Bghpzm4pgbSRgnqS63ZBf6dnSjbGc6Sf |
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sth is not right with that balance checker on main page. If i enter random addresses it gives some output different from 0.
the balance checker is pretty basic, it just checks the total outputs from an address.. it assumes the address was generated on the site.. so any address generated on the site should have a balance of 0 , with the total spent equal to amount of investment. yes, any bitcoin address with outputs will give you a balance. thats why you should only be entering in the btcaddr from the downloaded file or email received. |
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I don't understand the need for such a large ICO 8-15k BTC, You clearly state that all this work has been done over the last year or so, besides some marketing. It looks like some of the marketing has been done if you
take a look at fanduel and draftkings... they spend millions in marketing each week. already have 40k+ followers on facebook. I'm not trying to fud here, just why would I spend BTC on uncapped ICO when I can just wait and mine if the maths add up. I can't see any reason to do it any other way. Also
many expected investors are non bitcoiners and are just not interested in mining. no firm commitment to algorithm used for mining. As for POB and encrypted wallet, it should be like others you only unlock for staking. It seems like a nice idea but I think you've spent more time on the gambling than on
the crypto, and we're all crypto here, some will also be gamblers. Anyway I'm watching thread with interest wondering how far the money that's in existing alts can spread.
this is not just a pure general currency coin, its more like 2.0 Are you trying to raise funds in the real world as well? Please don't answer this with "we want to give crypto people a chance blah blah blah" I'd love to see someone try to raise funds in real world as well as crypto At least we'd know that you face real penalties in the real world if we get screwed here in cryptoland Jon  lots of investment already in the project, no turning back. |
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If i understand correctly , we are not the first wave of investors.
The real investors actually own the company , those pokerpro's probably own a %age.
We are here to give them their money back in advance and pay for the marketing.
The only benifit for us is the bergstake wich to me is not clear how much(or how) this will generate in profits for me btc/invested-vs-bergstake.
now the pool owners will get all the bergstake from the miners thats gonna be 2-5 people with a shitload of bergstake very flawed.
We are basicly the first batch of customers to their site that are buying bro coins to get some distribution started.
We get none of the profits from the company that runs the gaming network we can only hope the price will go up to make money Auwch.
We are just getting some airmiles for getting in on the testflight.(bergstake)
If this is incorrect please explain it to me so i can invest.
the coin is being used in a new and unique way. by having the gaming company denominate all its chips in breakoutcoins, it will be required, by regulator, to hold breakoutcoins to match all deposits and and to pay out prizes. so as the gaming company grows, and receives more and more fiat deposits, it will be buying and holding more and more breakoutcoins. in addition, breakoutcoins can be used to lay any of the games directly. so there is a use case and a liquidity case. |
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This isn't really true right?  I'm mean, for you guys it's true. On Tuesday your (The Breakout Team's) bitcoins will arrive in the form of us using BTC to buy breakoutcoins, but our coins won't arrive for another 30 days. yes you are correct.. marketing guys.... |
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When will berg stake be able to begin to start earning?
because someone mentioned here having to wait 2 years before it stakes, but on the front page it says "33% 7 million – Mined during PoW phase + Bergstake "on the distribution of bro after 2 years" so surely if you are taking into account berg stake in the first 2 years then they canbe staked before 2 years
the coin switches from proof-of-work to proof-of-bergstake after 2 years.. the statement is referring to the 7 million coins that are mined also have bergstake... So if I buy mined coin can i have bergstake..or do have to mine it? Jon bergstake can only be bought in the ICO, becuase it gets into the genesis block. bergstake can be obtained via mining. when buying mined coins you get Breakoutcoins, but the miner retains the Bergstake. |
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Thanks for deleting every solid criticism posted in this topic dev.
Spreading the word about this scam.
You need to read the thread first before posting this... Solid criticisms are not deleted as far as i know. Newbie accounts created solely for the purpose of spreading FUD are not tolerated. whats being deleted? prove it. |
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Hmm, switch to X13 - have mixed feelings about this one
i no longer trust CryptoNote, however CryptoNight may still work within bitcoin clone. |
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X13 - Domination by Mining Farms operations  PoW Phase: 3-4 months Yes, any of those 'X' algorithms are dominated by huge mining farms. What about a coin base like Myraid coin? We'll have the option to mine Scrypt, SHA256D, Qubit, Skein or Myriad-Groestl. How it works
Each proof of work algorithm has its own independent difficulty.
Any algorithm can find the next block.
All the algorithms use the same difficulty adjustment method.
On average, each algorithm has the same chance of finding the next block.
Each algorithm aims for a block generation time of 2.5 minutes.
Over the five algorithms, a block should be found on average every 30 seconds.
Changing algos is a good idea. has anyone tried using CryptoNight with a bitcoin clone? After ICO , and before launch we will have a full on miners thread and deliver best practices with latest innovations. |
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If the encryption wallet Bergstake will work?
We'll know in two years, surely that's enough time to debug Jon In wallet is a function of "Encrypt Wallet" In other coins with encrypted wallet PoS does not work. And your wallet turns out also will not work PoB with "Encrypt Wallet"? (Sorry for my English) PoB you actually have to provide a proof, just like PoW. im not familiar with the Encrypted wallet issue, but yes at some point you need to access private-key for PoB |
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When will berg stake be able to begin to start earning?
because someone mentioned here having to wait 2 years before it stakes, but on the front page it says "33% 7 million – Mined during PoW phase + Bergstake "on the distribution of bro after 2 years" so surely if you are taking into account berg stake in the first 2 years then they canbe staked before 2 years
the coin switches from proof-of-work to proof-of-bergstake after 2 years.. the statement is referring to the 7 million coins that are mined also have bergstake... |
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It could be very interesting for futur investors to know how much devs already put in there project. It could bring confidence. Devs said they put lot of money in this, is it real? If they have nothing to hide, they can say this no problem there. I challenge you to find investors to give you money for a project without asking you how much you have already put in !!
Can we expect any details about this? Thanks. I personally was originally hired as a consultant to design the coin. Was paid going hourly rate... they also have many outside software firms and consultants. There are top notch lawyers, security experts. not to mention the design and marketing team. lots software being custom developed, some being white labeled..lot of real skilled humans involved.  |
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Here is the answer to how much bitcoin is needed and how it will be used. We need a minimum of 1000 BTC. That would keep the coin going with adequate support. A total collection of 7 to 15 thousand BTC would enable our planned delivery of 1) strong coin development and 2) demand growth by stimulating use and liquidity of BRO. The more BTC collected in the ICO, the more the demand for the BRO will be reinforced by global marketing and coin refinements that keep it on the leading edge. Marketing and development funds will be spent in the best ways for BRO, as described in the offering, and have no logical upper bound.
That's well and good, as it would improve the likelihood that BRO's price would steadily rise as more people learn of and use the coin, and thus provides an unprecedented advantage to this coin. But as more BTC are collected, wouldn't the proportion of the 4.5m BRO each participant receives in the ICO be diminished? So, shouldn't participants be protected from such apparent dilution by a cap on the maximum BTC accepted?
If the ICO was a pie with a size limited by a cap, then each participant's piece would still be proportional to the BTC they put in -- except the size of the pie would be arbitrarily limited. Since, as noted above, there is no logical upper bound on the amount that the coin can be promoted and kept on the leading edge, it would be counter-productive to specify a limit, for every ICO participant and future holder of BRO. That would only constrain the benefit to them from higher potential appreciation and stability of BRO. A bigger ICO means a stronger BRO. And, if the value of the ICO pie is bigger and the piece for a participant is proportionately smaller, the value of the participant's position remains the same -- whatever he or she chooses to put in. However, the BRO everyone holds from a bigger ICO would be bolstered for the future.
I can understand how collecting 7 to 15 thousand BTC would enable you to do a lot for the coin but that is not a realistic goal for only 4.5 million coins in the ICO. What happens if the 1,000btc ICO isn't reached? We the project continue? Will we be refunded?Yes, if the ICO was capped, each participant's piece would still be proportional to the BTC they put in but the concern is not necessarily limiting the amount of the pie each person gets but the cost of each piece of the pie. Does that make sense? If I invest 1btc into BRO and the total ICO is 1,000btc, my share of the pie is 4500bro @ 22,000 sats +/- each (2btc +/- per day to eat up PoW coins) 14 million premine makes a 3,080btc market cap If I invest 1btc into BRO and the total ICO is 5,000btc, my share of the pie is 900bro @ 110,000 sats +/- each (10btc +/- per day to eat up PoW coins) 14 million premine makes a 15,400btc market cap If I invest 1btc into BRO and the total ICO is 7,000btc, my share of the pie is 642bro @ 155,000 sats +/- each (14btc +/- per day to eat up PoW coins) 14 million premine makes a 21,700btc market cap If I invest 1btc into BRO and the total ICO is 10,000btc, my share of the pie is 450bro @ 220,000 sats +/- each (20btc +/- per day to eat up PoW coins) 14 million premine makes a 30,800btc market cap As you can see from the above examples, my 1 bitcoin investment is worth less BRO but worth more per bitcoin as the ICO increases. This is the problem. In green, the cost per day to eat PoW coins increases as well. None of the cost per day factors in the give-a-way coins or the coins that the devs cash in to pay for stuff. It doesn't matter if 100 people or 5000 people invested in the ICO to raise these funds. What matters is the total amount of BTC raised divided by the number of coins. This determines the potential market cap and creates a break even point that must be maintained so that investors do not lose out. The problem with the uncapped ICO is we have no idea where the price falls. The more people that invest dilutes the amount of BRO per btc and raises the cost per coin. Using part of the 2.5 million held by the devs can help offset this increase as more investors jump in. An uncapped ICO is still do-able if additional coins are added to the 4.5 million BRO. It needs to be significant amounts. there is nothing new here. as a single investor you want as many coins as possible for the least amount of BTC, and as the seller they want as many BTCs as possible. this is the nature of an ICO. this is how ethereum and many other did it. nothing new. |
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You sell every premine coins in the ICO and keep little amount for giveaway (like 500k). After that, dyou (devs) invest Massively in the ICO so you can be rich. Anyway, when we read you, there is no possibility that the coin value drop after ICO.
this is just pure FUD, devs investing their own ICO is the biggest scam and worst thing any investor would want. all we would be doing is paying ourselfs BTC, while in the process diluting everyone elses share of ico. think the best idea would be to add .5 million coins to ico for each 1000 coins raised. so instead of new investors diluting the total, new investors will be growing the total. |
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2.5 million coins for the 'dev' is equal to 3759 bitcoins if 7000 bitcoins are raised during the ICO. Don't you think thats a bit much? Your asking for a big ICO plus you're keeping 2.5 million coins to pay for things that the ICO should be paying for. Seems a bit excessive.
what are you suggesting? more ico coins? and what if they only raise 1000? thats 555 btc for dev. they prob spent more then that on project already! more ico coins if more btc raised? never seen a structure like that... |
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We are looking to raise from 7 to 15 thousand bitcoins, the minimum amount we would need for the project would be 1000 bitcoins.
Due to various factors, Breakoutcoin is reconsidering the use of CryptoNote as its core. A Bitcoin core with x13 and Stealth features is the alternative. Both cores are in development and managed by @jaybny.
We strive to provide the most secure coin and transparent development process.
will the all valuable and all amazing berg stake still be in the mix? bergstake implementation is independent of coin core choice. ok that's cool was just wondering cos wasn't sure. sounded like something cool that had been coded for CN coins in particular. Also Bergstake and mining with pools If i mine fresh breakout coins in a mining pool, who then receives the bergstake? the pool operator? because i thought it was attached to the address that mines it, and is not and then not transfered like breakout coin. so wouldn't the pool owners get the bergstake? Dev, I have just one question. If I will mine on pool during PoW, how the pool will send me Bergstakes?
Current pool technology will not enable this. So the pool operator will keep all the Bergstake, and to compensate, they will have to distribute all or most of the BRO to miners. This is why we are developing a new kind of pool, where when a block is found, all miners will be entered into the coinbase transaction directly. So there will be 100s of outputs. This "feature" will keep pools smaller and less centralized. |
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We are looking to raise from 7 to 15 thousand bitcoins, the minimum amount we would need for the project would be 1000 bitcoins.
Due to various factors, Breakoutcoin is reconsidering the use of CryptoNote as its core. A Bitcoin core with x13 and Stealth features is the alternative. Both cores are in development and managed by @jaybny.
We strive to provide the most secure coin and transparent development process.
will the all valuable and all amazing berg stake still be in the mix? bergstake implementation is independent of coin core choice. |
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Couple questions. May have been asked but I hadn't seen them. Sorry if they are repeats.
Who is handling the ICO? Is it internal or an exchange?
internal, javascript, everything stored on bitcoin blokcchain, code currently being audited, very similar process like ethereum. When will the actual coin, wallet, and gaming platform be ready?
plan is to launch poker and coin at same time. shooting for 30 days post ico. Which cryptonote coin did you clone? Are you familiar with some of the difference between coins like BBR and XMR? Will code be opensource?
yes open-source at launch. cloned cryptonote directly. yes, familiar with Boolberry and Monero. also have a non cryptonote , x13 implementation as backup, due to recent cryptonote revelations. Thanks for the info. Cloning BBR could of been a better option. They are faster, less bloat, and have address alias. If players wanted to send funds from one another, using an alias would be so much nicer. I guess you could pull some of these changes though. Wallet address aliasing: any wallet can be linked with symbolic name via special type extra record in coinbase. Block chain will control registered names uniqueness Other features: Unlinkable outputs ensures the user's anonymity is not broken due to zero mixin usage. Transaction identification by prefix allows Boolberry to cut ring signatures from block chain reducing block chain size by 60-90%, depending on mixin usage. Removed Dust from block reward to reduce block chain size even more. New block chain based PoW hash provides faster synchronization with network and immunity from DoS attacks. Network Alerts allow developers to broadcast messages about critical updates or other important events to the network Donation-based crowd-funding: Boolberry has an open and transparent model of project financing with a maximum of 1% of mined coins reserved for project development. The actual rate is controlled by network participants (miners) using votes. Boolberry gives a fixed percentage to the CryptoNote founders. thats the thing: who are the CryptoNote founders? and why so anonymous? |
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Couple questions. May have been asked but I hadn't seen them. Sorry if they are repeats.
Who is handling the ICO? Is it internal or an exchange?
internal, javascript, everything stored on bitcoin blokcchain, code currently being audited, very similar process like ethereum. When will the actual coin, wallet, and gaming platform be ready?
plan is to launch poker and coin at same time. shooting for 30 days post ico. Which cryptonote coin did you clone? Are you familiar with some of the difference between coins like BBR and XMR? Will code be opensource?
yes open-source at launch. cloned cryptonote directly. yes, familiar with Boolberry and Monero. also have a non cryptonote , x13 implementation as backup, due to recent cryptonote revelations. |
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