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Yes sometimes I am disappointed, but heck... the crypto market hasn't been rigged like the stock market is.
It's refreshing to assist in the biggest revolution of the human kind as a trader where price is dictated by true people and not institutions/governments.
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I am down 80% and would never had invested if I had known about the "free extended snapshot to dump"
My plan was to go all in and live off of the 4% interest every week while I travel. Ruined my plan/vacation and money with that stupid free coins for the whales to dump.
Luckily I dumped half half of mine but put big buy walls to help support the price since there is no demand.
Poor little kid!! With these few sentences, you just proved to the world that you're a moron! If you're down 80% it's because you bought at ATH just like a newbie that has no idea what he's doing. If you didn't know what was the agreed distribution model, it's because you never research the project before putting your money. If your plan was to go all in when buying at ATH and without doing your homework, then you're the stupidest troll I've seen! If you think Bitcore is a stupid coin, you know nothing about crypto. If you think whales are responsible for the price drop, you know nothing about trading. If you dumped half your coins during this recent drop knowing you bought them at ATH... Well, I would like to say you're STUPID again... but I think the point has already been made. If you blame everyone except yourself for the result of your simpleminded decisions, then I suggest you sell your last half of the coins right now and use that money to book an appointment with a professional psychologist because nobody here wants to read one more post from you... your psy on the other hand, will love to hear your story! |
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I don't think there is Bitcore YouTube channel, right?
Anybody think it would be a good idea to have the dev team on screen to present the roadmap and the other news, if any?
I would like to see them on video and hear directly from them how they see the future of Bitcore, and then present the new news including the roadmap.
Anybody can push for this?
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The reason every Bitcoin Fork has gone to the moon, other than BTX is due to the fact that BTX was launched several months before the Bitcoin Cash coin. There was so much news around the BCH fork that after its success, every BTC fork has been going crazy. Now, when a BTC fork is announced, it becomes front page news everywhere, so everyone knows that they have to hold their BTC in order to receive those forked coins. Since most people don't know anything about BTX, they aren't aware that they can redeem their BTX coins.
We should be contacting Nano Ledger and Trezor and convince them to introduce a way for those holding their BTC at the time of the snapshot to split their coins and redeem their BTX coins. With every fork, most people simply wait for Nano and Trezor to introduce a safe method for the forked coins to be split. If those companies were to make such an announcement, it would be front page news and everyone with BTX in their wallets would be rushing to redeem them. We have to start thinking outside the box.
I agree with your thought process! I would also add major exchanges and have them credit the free BTX the same way they credited BCash, BTG... Obviously, if it's possible to do so. |
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How the they will do this? There is no way to count the amount of BTX which is claimed. That's the point here. And to state right claimed is the wrong word. Its like someone put some gas into the old car you have almost forgotten, which is waiting at your garage. It's your gas, it's not locked, reserved or unsold-able. You own it, you only have to take it.
I hope you get a idea what I am concerned about.
It's in the blockchain accessible to all. A few days ago I checked the richest 697 addresses and only 12 had redeemed their free 0.5BTX. Total redeemed within this top 697 was 36,689 BTX. I wrote a post about that around December 6 or 7. You can go back a few pages and you should see it with the link to this top 697 where you'll see who has redeemed and who has not. |
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BTW I’m on the Bitcore camp and I’m pissed off like most of you that they only show 1.9M in circulating supply. But unlike most trolls here, I try to understand what is their rationale. I don’t buy the conspiracy theory and I don’t think they are stupid. Thank you for that profound advice. All I try to say is that their "point of view" means in the end, the distribution via BTC snapshot import will never count toward the market cap. And this, I think is just wrong. And because of that I allow myself not to call that "point of view". Maybe I'am to harsh with my wording, but I never troll around.
No it’s not that the Nov 2 snapshot distribution will never count, as in the 1.9M some of it is included. In fact the BTX quantity that is accounted in the 1.9M is the quantity that was redeemed by BTC holders. As more people redeem their free BTX, it will be included in the circulating supply. They use the public float accounting method to calculate the market cap. In their official definition, this is what they say: "We've found that Circulating Supply is a much better metric for determining the market capitalization. Coins that are locked, reserved, or not able to be sold on the public market are coins that can't affect the price and thus should not be allowed to affect the market capitalization as well. The method of using the Circulating Supply is analogous to the method of using public float for determining the market capitalization of companies in traditional investing."At the moment we can change nothing so ... let's ignore this, or what is you suggestion?
I see CMC is one of the most referred/viewed website (even at the bitcore.cc site [bottom]) for investors looking at market caps, volume and change.
So I think it's important to make clear statements what is right and what is wrong.
Agree enough said on that topic. Only the dev team can solve this issue with cmc. |
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is this a final decission from CMC or what could we do, that this will be changed ?
It's clear that the cmc circulating supply is a battle of interpretation between the two parties. Go under the FAQ of the cmc site, and look for this question " Why is the Circulating Supply used in determining the market capitalization instead of Total Supply? " CMC uses the public float to determine the market cap. It's clear that they see the November 2nd virtual fork free coins that have not yet been redeemed as locked coins. Therefore, according to their definition of market cap these non-redeemed coins are not accounted for the circulating supply. Is it fair compared to all BTC forks? Absolutely not! It's not a interpretation at all, its just wrong. If you left your purse at you grandparents place which you visit just once a year, or maybe never again, that money is still circulating and in public float, does not matter if you have access to it or not. It's there! Same with the virtual fork, at the time of importing the BTC snapshot the devs made these coins public float. Different point of view, how could anybody check how much coin are redeemed and how much not? So they will never be in circulation? If there was no different point-of-view, cmc would already show the correct circulation. But since they're not, obviously both parties don't see the circulating supply the same way! You can put your troll mask and spam all around you that they are just a bunch of f** sh**, or you can try to understand their point-of-view and why it's different from our point-of-view. Do a bit of research, do your homework and you'll find an answer to all your questions. QBhorse you're too thick to understand this. Stop talking about things you don't understand, you are almost as bad as those trolls. One more time to make it clear: YOU CALCULATE THE CIRCULATING SUPPLY THE SAME AS YOU DO FOR OTHER COINS, THE SAME AS YOU DID FOR HARDFORKS AND OTHER COINS THAT CLAIM THROUGH BTC (ANY OTHER COIN FOR THAT MATTER!) What is there to understand about CMC'S point of view?? They calculate it the same for everyone or they don't. There is no understanding cmc...and if you can't see this you don't understand the issue at hand... so stop talking bs .and if anything BTX has more coins in true circulation with the hybrid fork than btc or bch has, so really you have no argument. Yawn! |
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is this a final decission from CMC or what could we do, that this will be changed ?
It's clear that the cmc circulating supply is a battle of interpretation between the two parties. Go under the FAQ of the cmc site, and look for this question " Why is the Circulating Supply used in determining the market capitalization instead of Total Supply? " CMC uses the public float to determine the market cap. It's clear that they see the November 2nd virtual fork free coins that have not yet been redeemed as locked coins. Therefore, according to their definition of market cap these non-redeemed coins are not accounted for the circulating supply. Is it fair compared to all BTC forks? Absolutely not! It's not a interpretation at all, its just wrong. If you left your purse at you grandparents place which you visit just once a year, or maybe never again, that money is still circulating and in public float, does not matter if you have access to it or not. It's there! Same with the virtual fork, at the time of importing the BTC snapshot the devs made these coins public float. Different point of view, how could anybody check how much coin are redeemed and how much not? So they will never be in circulation? If there was no different point-of-view, cmc would already show the correct circulation. But since they're not, obviously both parties don't see the circulating supply the same way! You can put your troll mask and spam all around you that they are just a bunch of f** sh**, or you can try to understand their point-of-view and why it's different from our point-of-view. Do a bit of research, do your homework and you'll find an answer to all your questions. |
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is this a final decission from CMC or what could we do, that this will be changed ?
It's clear that the cmc circulating supply is a battle of interpretation between the two parties. Go under the FAQ of the cmc site, and look for this question " Why is the Circulating Supply used in determining the market capitalization instead of Total Supply? " CMC uses the public float to determine the market cap. It's clear that they see the November 2nd virtual fork free coins that have not yet been redeemed as locked coins. Therefore, according to their definition of market cap these non-redeemed coins are not accounted for the circulating supply. Is it fair compared to all BTC forks? Absolutely not! |
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In the meantime, these existing credit card programs are the easiest/fastest way to being able to spend BTX. But I agree with you, it's certainly not the end goal.
Heck.. worse case scenario, the dev team cut a deal with TenX and all the other cards out there!
I second that  Dreamin...   That's a nice dream to have! Nice graphics |
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I posted this idea on the telegram yesterday and not sure if it was picked up by the dev team for discussion during their meeting this week. What about a Bitcore Pink Debit Card. Yesterday I came across this BCash post by Roger Finger Ver https://twitter.com/rogerkver/status/940253050731679744I think a Bitcore Pink Debit Card would be a big step toward mass adoption. I don't think a real Debit Card would be any kind of reasonable with the current volatility. To use a debit card in real life use cases you would need at least some price stability. With currently going 25% up and down every day there's no way to be able to tell how much you're paying at a moment in regards to fiat. To function I also think there would have to be a least on one exchange a real BTX/FIAT trading pair, anything else you would have always to go transitive BTX->BTC->FIAT which would add just more fluctuations to the mix. Especially with not having now at least distributed all the funds, there's no way for this to happen. Most of the bigger moves can really just start when the complete supply is distributed and the airdrop wallet is cleared. Besides that I'm very intrigued by picturing a nice pink, fractal and techy matrix style debit card for bitcore (@portalM, @Kryptowerk), I think it's much to early to go there. It's your opinion and if everyone would feel as pessimistic as you are about crypto, this greatest revolution of the human kind would never reach mass adoption! Things go fast in crypto buddy! You need to be ahead of the curve and not be in a reactive mode, otherwise, you'll lose! ...like we say you snooze you lose! Do you think all Bitcoin payment gateways that exist were put to the market too soon, because they're actually lots of BTC volatility? Volatility is non-argument. Coins scarcity will always be translated into volatility... the FED can't print crypto from thin air here! A debit card won't happen overnight, it will take months in the planning to come to reality. The point is either it be a debit card or any other payment gateway, Bitcore will need payment tools to gain mass adoption, regardless of the price volatility. And these things need to be planned NOW! First let me point out I like the discussion Only pros and cons bring us forward. I don't think I'm a pessimistic guy. Crypto moves fast. I'm totally aware of that. But with a debit card you're crossing the border to the fiat world. With paying on payment gateways you always have the possibility to show the customer just both values, crypto and fiat. That's a completely different scenario then paying with a card "offline" in a fiat-priced store. You also would have to find a payment processor being able and ready to take the risk of bargaining with a not very widely adopted and known currency. I don't see that a debit card is not a viable option, but I think it's much too early atm. In a half years time when the distribution is through and bitcore is more widely known. We need to go there that's obvious, but I don't think it makes much sense to care for this now. Because everything you can do at first is searching for partners and do you really think there is someone at the moment you could realistically talk about taking up bitcore as a debit card? So in my opinion the ressources would be wasted atm. I would say they're put better in finding online payment gateways, adding features to the code, being taken in more wallets (esp. itunes), taking on more campaigns to get more attention (very many things espe. contachts come with more attention automatically).... VISA, MASTERCARD and many of the major credit card companies have partnership programs that groups, retail chain stores, or other companies can join. Think of your favorite brick and mortar store that have his own VISA credit card. There is % fee to pay to VISA, MASTERCARD, you need to comply with their rules and then bam... you can have your own Bitcore debit card with a VISA logo on it. It probably takes 6-12 months just to get the first card out... that's why it needs to be in the pipeline now for H2-2018. If you wait next summer to plan these things, you'll miss the boat! Yes, there are many partnership programms. But I would say you're mixing sides, aren't you? All the partners you are talking are partners reselling (just stick to visa for this post as an example) visa cards with their logon on it. What you want for bitcore is a completely other thing. You want VISA to make their debits completely funded on a BTX basis. None of the partners you stated above acts as "bank" on the other side. They are only using the logo and the network of VISA to get their bills paid. Or am I here completely mistaken? What you want is to find a payment processor (could be VISA) to use BTX as their basis for funding a debit card. But as I write, do you want the card to internally use BTX or just to be able to be funded one time per BTX and for all payment run completely on FIAT? If the second one is the case, I'm completely with you. This should be possible. Therefore you would just have to find a reseller printing your logo on it and a gateway to "load" the debit cards. I thought till now you wanted to run the account completely in BTX and therefore make any transactions in fiat converted to BTX on the spot. Sorry I think we talked at cross purposes Yep I see your point now... I think we were talking about two separate ideas. The option you're talking about is indeed a long shot, as many other cryptocurrencies will do the same too. I'm sure the Bitcore team his already looking into this... At the end of the day people want to use their crypto for their daily needs... pay for grocery, buy a Starbucks coffee, etc. I think the next big thing that will boost the overall crypto adoption within the mass population is the ability to use crypto to buy stuff. Payment cards like TenX will have a short life and won't be around in the 2020s, but they will certainly have lots of success over the next 12-24 months. In the meantime, these existing credit card programs are the easiest/fastest way to being able to spend BTX. But I agree with you, it's certainly not the end goal. Heck.. worse case scenario, the dev team cut a deal with TenX and all the other cards out there! |
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I posted this idea on the telegram yesterday and not sure if it was picked up by the dev team for discussion during their meeting this week. What about a Bitcore Pink Debit Card. Yesterday I came across this BCash post by Roger Finger Ver https://twitter.com/rogerkver/status/940253050731679744I think a Bitcore Pink Debit Card would be a big step toward mass adoption. I don't think a real Debit Card would be any kind of reasonable with the current volatility. To use a debit card in real life use cases you would need at least some price stability. With currently going 25% up and down every day there's no way to be able to tell how much you're paying at a moment in regards to fiat. To function I also think there would have to be a least on one exchange a real BTX/FIAT trading pair, anything else you would have always to go transitive BTX->BTC->FIAT which would add just more fluctuations to the mix. Especially with not having now at least distributed all the funds, there's no way for this to happen. Most of the bigger moves can really just start when the complete supply is distributed and the airdrop wallet is cleared. Besides that I'm very intrigued by picturing a nice pink, fractal and techy matrix style debit card for bitcore (@portalM, @Kryptowerk), I think it's much to early to go there. It's your opinion and if everyone would feel as pessimistic as you are about crypto, this greatest revolution of the human kind would never reach mass adoption! Things go fast in crypto buddy! You need to be ahead of the curve and not be in a reactive mode, otherwise, you'll lose! ...like we say you snooze you lose! Do you think all Bitcoin payment gateways that exist were put to the market too soon, because they're actually lots of BTC volatility? Volatility is non-argument. Coins scarcity will always be translated into volatility... the FED can't print crypto from thin air here! A debit card won't happen overnight, it will take months in the planning to come to reality. The point is either it be a debit card or any other payment gateway, Bitcore will need payment tools to gain mass adoption, regardless of the price volatility. And these things need to be planned NOW! First let me point out I like the discussion Only pros and cons bring us forward. I don't think I'm a pessimistic guy. Crypto moves fast. I'm totally aware of that. But with a debit card you're crossing the border to the fiat world. With paying on payment gateways you always have the possibility to show the customer just both values, crypto and fiat. That's a completely different scenario then paying with a card "offline" in a fiat-priced store. You also would have to find a payment processor being able and ready to take the risk of bargaining with a not very widely adopted and known currency. I don't see that a debit card is not a viable option, but I think it's much too early atm. In a half years time when the distribution is through and bitcore is more widely known. We need to go there that's obvious, but I don't think it makes much sense to care for this now. Because everything you can do at first is searching for partners and do you really think there is someone at the moment you could realistically talk about taking up bitcore as a debit card? So in my opinion the ressources would be wasted atm. I would say they're put better in finding online payment gateways, adding features to the code, being taken in more wallets (esp. itunes), taking on more campaigns to get more attention (very many things espe. contachts come with more attention automatically).... VISA, MASTERCARD and many of the major credit card companies have partnership programs that groups, retail chain stores, or other companies can join. Think of your favorite brick and mortar store that have his own VISA credit card. There is % fee to pay to VISA, MASTERCARD, you need to comply with their rules and then bam... you can have your own Bitcore debit card with a VISA logo on it. It probably takes 6-12 months just to get the first card out... that's why it needs to be in the pipeline now for H2-2018. If you wait next summer to plan these things, you'll miss the boat! |
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I posted this idea on the telegram yesterday and not sure if it was picked up by the dev team for discussion during their meeting this week. What about a Bitcore Pink Debit Card. Yesterday I came across this BCash post by Roger Finger Ver https://twitter.com/rogerkver/status/940253050731679744I think a Bitcore Pink Debit Card would be a big step toward mass adoption. I don't think a real Debit Card would be any kind of reasonable with the current volatility. To use a debit card in real life use cases you would need at least some price stability. With currently going 25% up and down every day there's no way to be able to tell how much you're paying at a moment in regards to fiat. To function I also think there would have to be a least on one exchange a real BTX/FIAT trading pair, anything else you would have always to go transitive BTX->BTC->FIAT which would add just more fluctuations to the mix. Especially with not having now at least distributed all the funds, there's no way for this to happen. Most of the bigger moves can really just start when the complete supply is distributed and the airdrop wallet is cleared. Besides that I'm very intrigued by picturing a nice pink, fractal and techy matrix style debit card for bitcore (@portalM, @Kryptowerk), I think it's much to early to go there. It's your opinion and if everyone would feel as pessimistic as you are about crypto, this greatest revolution of the human kind would never reach mass adoption! Things go fast in crypto buddy! You need to be ahead of the curve and not be in a reactive mode, otherwise, you'll lose! ...like we say you snooze you lose! Do you think all Bitcoin payment gateways that exist were put to the market too soon, because there is actually lots of BTC volatility? Volatility is non-argument. Coins scarcity will always be translated into volatility... the FED can't print crypto from thin air here! A debit card won't happen overnight, it will take months in the planning to come to reality. The point is either it be a debit card or any other payment gateway, Bitcore will need payment tools to gain mass adoption, regardless of the price volatility. And these things need to be planned NOW! |
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I and others are reducing our big holdings due to not being listened to, regarding the risk factors. We are selling at a fuckin 80% loss because we spend money on this coin and did not think it would be given away for free
While you guys give it out for free to whales to dump.
NO it is not expensive to claim ur FREE btx. Where are all the smart people???
This coin needs MORE merchants and MORE adaption. BCH is adding merchants on a daily basis. No exchanges for a while. We should just be on cryptopia. Dont need no fake volume bit-z or incompetent HIT exchanges
I am VERY disappointed with the extra snapshot and the constant advertising on how to claim and dump
I believe investing in this coin has been my worst investing/financial decision of my life due to the loss. You guys who voted for the 1:2 proposal are incompetent or lack knowledge of what happens when people get their free coins (5 new coin forks a month)?
Why didn’t you vote on the distribution plan. Or read up on the distributionplan before you invested? Bch has millions if not billions of dollars of backing behind it. If you bought the top, without having all the information or doing your homework. I think you have only yourself to blame. The only way you are selling at an 80% loss, is if you bought the top/ath and now 3-4 weeks later your panicking over a correction/retrace. Have some balls and hold, be smart, sell and buy later or dump and move on. Instead of complaining over irreversible facts, like the btc snapshot. And please do your homework, before your next investment. Do you have any constructive ideas or suggestions, that you believe the dev team isn’t considering? The community would probably appreciate those more, than hearing about how much you have sold at a loss. Or hearing about the big bad btc dumpers, that are crashing the price. Which has has been clearly shown to not be true. When more likely its people selling att an 80% loss, that are helping to keep the price down, heh. Bitcore has always been a long term investment. Since it is early in the distribution phase as we speak, price shouldn’t even be a major concern for investors at the moment. The devs are working on new ideas, marketing solutions and a new roadmap. The have stated that they will be in meetings this Tuesday-Wednesday. Hopefully they will have some good news at the end of the week. Very well said! He only has himself to blame and quite honestly, I don't think crypto is for him. Having said that... I posted this idea on the telegram yesterday and not sure if it was picked up by the dev team for discussion during their meeting this week. What about a Bitcore Pink Debit Card. Yesterday I came across this BCash post by Roger Finger Ver https://twitter.com/rogerkver/status/940253050731679744I think a Bitcore Pink Debit Card would be a big step toward mass adoption. |
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I hear more and more people discard Bcash and talk about Litecoin as the real mean of exchange for mass adoption. Especially this week with the price spike.
Any chance we can add LTC to the comparison chart?
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BTX has been down on its luck a for awhile now. I'm not devoted to this coin but I do hold a small amount. I don't understand why its been falling for the past two weeks while everything else goes up. This looks like a good project. If it were an actual fork of Bitcoin it would be worth hundreds of dollars as it's far superior to BCASH imho.
The price is down mainly because the HitBTC new listing euphoria is priced out atm. HitBTC didn't meet people's expectation and it resulted in deception, therefore price decline. BTC price went from $5400 to $17k since Nov 12... it also impacted BTX price decline in sats. All the dumps everyone talks on this forum and telegram had a relatively small impact on price. At most these dumps created red candles, but do not explain the declining trend. |
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lol.. so the strategy to fix the circulating supply is now to spam cmc? C'mon! You guys are not going to accomplish anything if you start to behave like a bunch of trolls! I mean look at the trolls of this forum... Are they taken seriously or ignored? And conspiracy theory... C'mon! It's clear that the cmc circulating supply is a battle of interpretation between the two parties. Go under the FAQ of the cmc site, and look for this question " Why is the Circulating Supply used in determining the market capitalization instead of Total Supply? " CMC uses the public float to determine the market cap. It's clear that they see the November 2nd virtual fork free coins that have not yet been redeemed as locked coins. Therefore, according to their definition of market cap these non-redeemed coins are not accounted for the circulating supply. Is it fair compared to all BTC forks? Absolutely not! But if you guys are going to spam cmc, at least bring arguments that will help to narrow this interpretation gap. |
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Wow, I see so many pink signatures all of a sudden!
Congrats on the signature campaign initiative... it's a smart move to drift away trolls and proliferate positivity within the community.
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With all due respect kucoin is a 5 million dollar/24hr exchange. Not even in the top50 of exchanges. I'm waiting for some real news, bittrex/polo/bitfinex/binance. Any opportunity we have as a Bitcore community to help bring to life any small or big positive news is an opportunity we must take. In order to build a positive sentiment towards Bitcore and build a solid foundation for the price growth, let's never forget that constant small positive news is way better than sporadic big or bad major news. I much prefer 1 small positive news every week, then 1 big good news every 2 or 3 months. |
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