What did the beans do to hurt you?
Beans hurt his FUDgy brain,  dont pay attention to this troll. |
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Why isn't everyone doing this?
Because Bitbean is a shitcoin that has been around since 2015 and its only worth a penny a coin. The coin provides nothing new that other coins don't do. Its not used anywhere, and its only benefit is to buy and hold so that you can get more of this worthless currency. This coin is just printing money. There are 2 billion coins in circulation! HAHAHAHA Dont forget to say that it grew around 30000% from 2015. Please dont blow your FUDgy pants, when it hits another all time high. |
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Interesting use of 'tossers', then 'mom'. You mixed British and American well. /aside
You should see me mix metaphors, then! lol, Timeshares! Silverleaf... man what ever happened with those folks?
As to the hyperinflationary thing. I understand that. That's why I don't mess with redd or ESP. With Bitbean it was created after Doge so they saw the stupid thing Doge did releasing all those coins at once. They have it planned so there's like 90 years worth of growth. So its scaled to gradually grow instead of some crazy developer yelling: here's some coins! come what may! They paid attention to Gavin Andreson and followed his suggestions for how he would fix Bitcoins scaling issues and built that into the coin from day 1. 20mb block sizes, lightening fast transactions and they pioneered POS v3.
If the pure torture of sitting through the sales pitch didn't kill off timeshares, nor the fact you couldn't sell them later on for without taking at least a 50% haircut, then the South Park episode lampooning would have definitely struck the mortal blow (is that a coup de main or a coup de grace or what?). Okay, bitbeans sound interesting and they are listed on Bittrex so that is definitely a good sign; none of this low-rent stocks.exchange or cryptopia crap. I was testing out PoS with TZC, as it is both PoW and PoS, but I probably won't see a block reward for 9+ months unless I vastly increase my holdings. EDIT - what the hell, only 112 sats so I bought 1000. After I do some more altcoin trading I'll buy some more. Good for you, welcome to the club. Next time please try something first, before critisizing it.  |
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Whats wrong with POS coins?
Its not a promotion I am asking a serious question. Sprouting beans is the most profitable method of satoshi generation I have found. Is there some drawback to POS that I don't know about?
The one drawback I can think of off the top of my head is that PoS is hyperinflationary unless block reward is reduced after every n blocks. You end up needing a Weimar Republic style wheelbarrow to haul enough cryptocurrency around to pay for a Pepsi... metaphorically speaking, of course. And for you tossers that keep suggesting I sign up with Madoff (currently serving a rather lengthy prison term, as I recall) I am ASKING QUESTIONS TO LEARN MORE, NOT TO SHOOT DOWN YOUR PRECIOUS COIN. I am skeptical by nature and don't necessarily believe that every "fantastic opportunity" is, indeed, such. It probably has something to do with my mom dragging me to a timeshare sales presentation just so she could get a free camera. Well, then if you not here to troll, you should not mix something you have no idea about with ponzi from your first post. Otherwise get the reaction you deserve. It's nice that you mention pepsi, which is overblown in value drink, and cost almost nothing to produce. What kind of hyperinflation you are talking about if less than 1% of world population use cryptocurrencies and even less people know about POS system, which NOW works better than most banks. And people make money on it.And Bean Cash is on the top of that.World economy easily digests this factors in such a scale. You must be really newbie in economy to mention Weimar Republic style wheelbarrow in a hyperinflated world of fiat money, which has zero value in most cases, and is not backed anymore by gold, but indeed is backed by government cash printing machines. Blockchain is deflatory by its nature, and POS system evens it up. Therefore giving the possibilty to earn money to people. Well if you dont like Mr. Madoff style of investment. Try smthng more conservative go open a deposit in the bank and get a free cover for your iphone. Just be sure to choose your bank carefully, they crash a lot lately, you know. But on the other hand you would still have an iphone cover.   |
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Maybe few have heard of it? It sounds both interesting and Ponzi-like. You just let a bunch of BitBeans sit in a wallet to collect Proof of Stake awards or what?
Ponzi is in your head, buddy. It is not some BitConnect pyramid dingleberry. Bean Cash is POS 3.0 and true project with a future. Right, so 4M coins generating an average of 50k coins per week works out to an interest rate of 1.25% per week. Compound that over the course of 1 year results in a near doubling of the number of coins (+90%) to 7.6M (depending on how long the awarded coins have to mature before they can participate in PoS, etc.). I'm not being skeptical to be an ass, just pointing out that a 90% annualized interest rate is pretty juicy... Ethereum will be POS in the near future. Half of new coins coming out are POS 3.0. POS 3.0 was by the way introduced by Bean Cash.And year by year there will be more and more POS coins and that technology will improve. You must be crazy to call it juicy. Listen, go find smthng like Bernard L. Madoff Investment Securities hedge fund, which was approved by SEC, and which came out to be a hardcore ponzi, and better invest in it. While we are going to be making money on promising cryptocurrencies. |
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Maybe few have heard of it? It sounds both interesting and Ponzi-like. You just let a bunch of BitBeans sit in a wallet to collect Proof of Stake awards or what?
Ponzi is in your head, buddy. It is not some BitConnect pyramid dingleberry. Bean Cash is POS 3.0 and true project with a future. |
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Its only 20% per year. Not very impressive at the current price/per coin |
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Thanks for the answers, now the question is how do you think our beans will be able to rise to 1-2 $ within 1-2 years?
I'm thinking, when Bitcoin rise again... So will the value of the Bean. And maybe since CHINA is cracking down on mining, More will collect Beans to Sprout! Actually we got some good news from China, so expect bitcoin to rise. I hope the next round of futures(which ends up 14 feb) will not push down bitcoin. For now enjoy the news: http://news.8btc.com/chinese-scholar-china-to-release-new-policy-on-cryptocurrency-and-ico-in-2018 |
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good dev? the dev team of beancash has a thousand plans. but no one is implemented or on going. they just think of a new plan everyday. maybe they are waiting of bubble crypto for them to exit easily and get all your $$$.
haha you r such a looser...you dont even have enough brains to see that graphically BeanCash found a floor and stabilized at around 0,012 USD, which is 12 USD per 1000 sprout. And satoshi adjusts to that price. What i am surprised is way such a nonentity doing and staying only in Bean Cash topic. I would not be surprised if he is hired (perhaps for half of cheesburger) to discredit the reputation of Bean Cash. I will be laughing when his cheap provocateur ass will burst when Bean Cash will hit another ATM... ahhahaaa |
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В чем была не легальность биржи BTC-E которая была зарегистрирована на Кипре,котарая имела процессинг VISA/MC, и весь набор кошельков и которая в итоге саскамилась. Где страна регистрации StreamCapital Group? Как по мне много воды не о чем, очередная биржа.
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xX_otto_Xx, its no point explaining anything to him, he provides zero arguments and just trolls in the topic... Just ignore him... He probably has no coins at all of any kind...
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haha do you think it will go up? my prediction is that this coin will disappear sooner. no real plan by the developer. nothing change for the past year. the only thing who is benefiting in this project is the developer. even they are chillin or sleeping there are some who got trapped on this coin. it's like a pump and dump. no wonder bittrex will delist this no value coin sooner. i see many coins are starting to delist by bittrex maybe this is on the next line you can see the graph of this coin starting to go to the grave. well i dont care about your predictions because you are nobody(just another low level troll), i listed all the advatages before and i talk to developers on slackkiller chat daily. so i really dont care what you think, not to be said that you have zero arguments in your speech, and talking to you is just a waist of time. And of course nobody will delist it from Bittrex. you dumm FUDge. |
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fail to understand and i need a little help ...what this coin is used for and what future it has ?
thanks
Uses POS 3.0. Insteneous transactions. Generous reward system. Dev constantly working on development and now expanding to introduce innovations. Looking at the graph of Bean Cash it is definetely willing to go up(not now because all cryptos are dipping) in future this year thats for sure. |
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During this recent crash in coin prices I've been holding tight onto my beans And in vain, it was necessary to sell. Or you meant - "onto my eggs"? oh goodie FUD! not, I play about.... Go play to the kindergarden, FUDie pants |
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Look for bounties and airdrops. You can check my signature and follow the link.
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Bitbean
About Bitbean's innovative Proof of Stake:
Its Proof of Stake is different from other coins. In addition to only giving all coins that have over 6 hours age only 6 hours of age in the PoS calculations, the blocks which are found are static blocks similar to PoW. Each PoS block is 1000 coins.
This is a much better form of proof of stake than giving % interest.
Coins are supposed to be a payment system. Bitbean's PoS encourages people to actually process transactions instead of hoarding their coins and only process a transaction once in a blue moon to only collect their interest which is not a good method for making a payment system.
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