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161  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BiblePay✟CPU✟Governance✟Help Orphans✟PODC Cancer Mining✟Deflationary✟Masternodes on: December 10, 2018, 01:47:13 AM
i'm not sure

but my question is about price, i'm still dont know how price will be covered by real $. in general, bigger difficulty means that you will need more cpu/gpu/anything power to mine same amount. so you spend more money for mining and thus coin is more valuable to you as nobody wants selling under real costs

so how it will be with pog where costs are almost zero?
todays i have cost and rewards which leads to price about 9 sat/bbp so i dont want to sell under 9

but what in pog?... realy dont know

Please consider that the total market cap for a coin contains more facets than the electric rate; although I agree its a base arbitrage price for a commodity and is certainly related to coins with big mining pools and heavy electric use.  I think the sum of market cap should also include future price expectation, sanctuary lockups, lost coins per year per user, expected innovation from the roadmap, future deflation, future growth projection, and vitally future userbase count - etc.



I'm not sure I understand your definition of market cap. Who would decide future price expectation? Lost coins per year? Expected innovation? Future userbase? Those are all completely speculative and unknowable, and not comparable across coins. As an experiment, today I asked 10 lead devs these questions. Guess what? Every one said they expect higher prices, more users, etc.  It's like asking a mother if her child is beautiful--there's no real objectivity to that. This is why I think miner's perspective is very important, as they tend to be loyal to profit over project. Success of BBP isn't just number of orphans--they coin has to appreciate in value to attract investors.

Speaking of losing coins, is there anything that can be done to improve wallet security of BBP? As a miner, I usually keep my wallets cold or at least on a dedicated wallet pc that doesn't mine.  With BBP, I'm having to leave the wallet open, and that same wallet.dat is living on multiple net-connected machines, which doesn't seem optimal for security. I know BBP isn't alone in this mine-by-wallet model, but having just one wallet.dat compromised takes down all my wallets. Any advice, or chance of a paper wallet?
162  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BiblePay✟CPU✟Governance✟Help Orphans✟PODC Cancer Mining✟Deflationary✟Masternodes on: December 09, 2018, 05:34:05 AM

Looking at connected clients it seems a lot more is sent than received, but again this is chain data.   Passing it along to other nodes



But where is it being passed along to? If all our wallets are sending 99%, someone out there has to be receiving. My wallet receives about 50MB for every GB sent. The ratio just seems off.
163  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BiblePay✟CPU✟Governance✟Help Orphans✟PODC Cancer Mining✟Deflationary✟Masternodes on: December 09, 2018, 12:55:47 AM
My wallet is pushing out easily a Gig of data per day, and is only receiving a small fraction of that.

Minersleep = 500 on purepool. Upnp disabled at the router and no ports forwarded.
164  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BiblePay✟CPU✟Governance✟Help Orphans✟PODC Cancer Mining✟Deflationary✟Masternodes on: December 07, 2018, 10:14:52 PM


First, it's not 10% - as that is just a common percent encouraged by mainstream churches - you should tithe 10% of your income to show God that you gave the first fruits and then you trust him even if you dont have enough to pay the rest of your bills with the remaining 90% that he will make ends meet.

In the scope of POG, Tithe means to give (not to give 10%).

As far as receiving a reward back, the ELI5 part is we tell people that in this mining algorithm, our users "give" (or Tithe) to earn share weight in the pool.

Once you have share weight you are in the pool for 24 hours and will be eligibile for pool rewards.



=-=-=-=-

We are basically using the act of tithing as a replacement for hashpower measurement in our integrated pool.


Why do this?  Because in this way the system can scale to millions of homes without encouraging people to buy expensive GPUs, asics, or VMSs (they can use commodity hardware laying around) etc.

=-=-=-=-=-

Whats nice about this is Proof-of-giving fits very well with a Christian based theme also.



Makes sense. My inner five year old thanks you. Smiley

Edit: Looks like purepool is back up now. I'm enjoying the utter simplicity of how it works. Two short lines in the wallet config, and done.
165  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BiblePay✟CPU✟Governance✟Help Orphans✟PODC Cancer Mining✟Deflationary✟Masternodes on: December 07, 2018, 06:17:38 PM
Hello,
Purepool seems to be down. Last block was found 12 hours ago...
@Light, can you please have a look?


Same here, not sure who to contact, as the contact info on the site points back to this thread.

------

I'm still having trouble wrapping my head around the tithing concept, at least at the ELI5 level. Let me think out loud and maybe we can work it out.

In the traditional sense, tithing is a sort of 10% tax. If I make $1000 a month, my 10% tithe leaves me with $900.

In terms of Boinc, I'm pledging a certain amount of electricity/computing power, and in return I receive a small amount of GRC/Byteball/DCC/BBP/Neumanium.

In the new concept (as I understand it), I can tithe some percent (let's say 10% again) in BBP, and in return I get some amount of BBP. How much I have no idea, or how to take a guess)

This isn't my opinion, but I think the following is a valid question:

If we're really trying to promote giving, why are we getting a kickback reward for the tithing? If I get Y% reward for tithing X%, wouldn't it be more giving to donate X% + Y%? Isn't effectively our tithe reduced by the amount of our reward? You might say the same for Boinc, but there's no return of electricity--it gets used regardless (kind of like traditional tithing).

This isn't my perception, but I think it should be thought out--that to an outsider, the "giving" part of proof-of-giving, isn't a full give, there's a refund involved. Maybe that's the carrot that gets the giving started to begin with?)

It may be that we need to trick encourage people into giving? But for a coin that is charity-based and Christian-based, it might seem odd to be rewarding giving with the same currency (which brings up donating X + Y%). I would always think, "how am I benefiting directly from this giving, is this right?".

Now one could make the same argument for Boinc, but there are two key differences. Boinc is scientific research, not spiritual in nature. And two, that the payment from Boinc isn't in the same currency coming in and going out. If we are totally honest, it seems that a 10% tithe, after rewards, leaves us with more than 90% left.
166  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BiblePay✟CPU✟Governance✟Help Orphans✟PODC Cancer Mining✟Deflationary✟Masternodes on: December 06, 2018, 11:50:08 PM
I saw grcpool has a page for BBP. Looks like it's going to auto-exchange to GRC, per a majority vote in a poll.

https://www.grcpool.com/about/biblepay

167  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BiblePay✟CPU✟Governance✟Help Orphans✟PODC Cancer Mining✟Deflationary✟Masternodes on: December 05, 2018, 07:52:20 PM

   I think people need to consider the effect of how many coins are lost on average - I dont have the study in front of me - but an average of 19% of digital coins in hard drives are lost per year - and its higher on the percent scale for coins that have billions of quantity like us.  So I can offer a counter argument that in scenario B when we have 2000 laptops mining as compared to 200 PODC miners, not only did they collectively spend as much in electricty, but they lost more biblepay coins.


If you think of it, could you dig up that article later and share it here? The 19% number sounds a little off to me. If we start with 100% of a coin, after the first year we're looking at 81%, then 65%, then 53% at the end of the third year, if my math is correct. This would mean about 50% of a cryptocurrency disappears every 3 years? Someone smarter than I, please compute how much BTC is left with a 19% loss per year since its beginning? I'm just having difficulty believing those numbers. If this effect happens smoothly across coins, then it's not much of an advantage to BBP, as there are many many coins that will suffer the same effect.  If the number of users losing their wallets is significant, wouldn't it be safe to assume that a certain number of them would just give up the on whichever coin instead of starting over? Wouldn't this "benefit" have some loss of users as a side effect?

That BBP would benefit by its users losing coins at an even higher rate,  is puzzling to me why it hasn't provided upwards pressure on its own?


168  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BiblePay✟CPU✟Governance✟Help Orphans✟PODC Cancer Mining✟Deflationary✟Masternodes on: December 05, 2018, 02:56:53 AM
Why has the price of BBP rocketed higher today at SouthXchange?

Now at 0.00000019 BTC.

Nothing to worry about, I can sell 100k now and we will be back to 8 Satoshi Smiley

Was that you pumping and dumping today? From 9 to to 19 back to 10 sats on good volume.
169  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BiblePay✟CPU✟Governance✟Help Orphans✟PODC Cancer Mining✟Deflationary✟Masternodes on: December 05, 2018, 12:31:10 AM
Why even have PoG when you can get rid of PoDC and use PoBH exclusively? Just change the terms of mining rewards. PoBH distributes 100%. 90% goes to wallet and 10% of that goes to tithing as a split payment... isn't that true tithing where you give 10% of your earnings? Have it automatically solo mine with no biblepay.conf . All you need to participate it just keep the wallet running 24/7. The algorithm wouldn't be based on hash power but some other algorithm that is more equitable where you are rewarded for running the network.

POBH makes sense, and is easily explained to anyone that's mined before.

To piggyback, why not keep PODC as an option for those that don't like the tithe concept? If it's preferred to use POBH, then make the PODC rewards less proportionally. That way one can go the tithing route, or one can do PODC and accrue other coins/tokens simultaneously, if that's their interest.

170  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BITCOIN LE - NEW COIN - Ecological Bitcoin - PoW & Low Energy on: December 03, 2018, 06:58:27 PM
Great News for Bitcoin Low Energy!!!

Recently posted in our Discord https://discord.gg/Zf96PrN by Lead Dev OpalHunter:



This is very interesting. If you don't mind, I'd like to inquire about this with an attorney. At first glance, it seems this kind of business could fall under a number of states' jurisdictions, not to mention international laws. There's a reason why gambling hasn't been fully approved in crypto except in limited fashion (Fun Fair), and I don't the reason is nobody has thought of it before...

It sounds like a very complicated endeavor for them. I would hate to see the hammer come down on them, or this coin.
171  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BiblePay✟CPU✟Governance✟Help Orphans✟PODC Cancer Mining✟Deflationary✟Masternodes on: December 01, 2018, 11:13:46 PM
Just talking out loud,
I dont know which people made forum accounts, and how many of the forum accounts are the same person
(its easy for some to create multiple email addresses and use different IP addresses)

We also dont know how much each of these forum accounts has invested into BiblePay

I am also not sure how actively people read bitcointalk or the biblepay forum,
(a proposal at least shows up in everyones wallet)

Basically what I am trying to say is, I trust masternode votes a lot more than forum votes,
but I understand forum votes usefulness with multiple choices and quick feedback,
but masternode votes are actually based on how much money someone has invested!

I believe a more true decision on project direction should come from a masternode vote
(Though I do kind of think miners should get voting power with their staked coins)


You make it sound like forum people are untrustworthy, while those who have purchased masternodes somehow knows what's best?

And the rich get richer...
172  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BITCOIN LE - NEW COIN - Ecological Bitcoin - PoW & Low Energy on: December 01, 2018, 05:39:49 PM
I think it's better to get the pool up and running again Wink

Give it a try now, looks like it's back online. Wolfie the pool operator  can usually be reached via Discord.
173  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BITCOIN LE - NEW COIN - Ecological Bitcoin - PoW & Low Energy on: November 30, 2018, 07:00:25 PM
i contacted mct.trade.plus for a listing, they will list for free but it will take time. or we can pay a listing fee of 15000 mct (actually worth 164$) for a fast listing of 7 days.



A little-known exchange will devalue the coin greatly.


# BLE.JfwsbMz2Bi2K4BK7RugyqWEApQRoKuQvNL

Agreed 100%.

So anyone can apply to any exchange for a coin listing? That could be an accidental coin death waiting to happen. I think a lot of coins make the mistake of listing too early or on tiny exchanges, and they pay dearly for it.

I'm still waiting for the masses of people who are desiring and demanding to buy the coin. It's their demand that will tell when it needs to be listed.

JgZgxoKUi7USbaebNgu3uNegJvgvBpkCrh
174  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BiblePay✟CPU✟Governance✟Help Orphans✟PODC Cancer Mining✟Deflationary✟Masternodes on: November 30, 2018, 03:38:56 AM
BBP Pool:

https://www.bbppool.com/


I believe this is our method for brand new users who have no UTXO stake.



i told this few days ago that this is way for new users, but registration is closed now
we need this kind of pool owned by us

https://pool.purepool.org
175  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BITCOIN LE - NEW COIN - Ecological Bitcoin - PoW & Low Energy on: November 25, 2018, 11:08:26 PM
Is there a blockchain explorer for this coin?
176  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BITCOIN LE - NEW COIN - Ecological Bitcoin - PoW & Low Energy on: November 24, 2018, 08:30:17 PM


Well come the big power on the GPU, will make great difficulty, accumulate a lot of coins and quickly sell on the stock exchange. As a result, its price instead of going up - will begin to fall strongly. And then the project will die quickly. But he is very promising. Maybe we shouldn't bury him like this.

# BLE.JfwsbMz2Bi2K4BK7RugyqWEApQRoKuQvNL

This is a good observation. The vast majority of posts on the Trading Discord are "want to sell". Imagine how much more that will be when GPU miners come out to play with BLE. It's inevitable to attract profit-seeking short term miners, but if it happens too soon, it could be disastrous for this new coin.
177  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Biblepay BBP Community Discussion Thread on: November 21, 2018, 05:35:58 PM
Cool stuff. You can't know ahead of time if it will get used, but just making the effort is good. I'm going to be taking a step back from this project for a bit and let some of the dust settle. It's a little too dramatic for my taste, and there are other projects to work on without so much contention.

Understandable, don't forget us though Smiley   
,

I'll still lurk. In retrospect, the error was mine. I took the term community-driven to mean the community decides, not the community does the legwork for the monarch.

There are some really interesting projects out there, with everyone pushing in the same direction, that are actually increasing in market value and trading volume despite the bear market. So I know it can be done, if there's clarity.

Here's hoping BBP will become one of those, with a better use case and more internal cohesion. Best of the best of luck.
178  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Biblepay BBP Community Discussion Thread on: November 21, 2018, 04:11:26 PM


I offer BiblePay users a 2nd Forum Option, Discourse:
https://discourse.biblepaycoin.org/

Understanding Discourse Trust Levels
https://blog.discourse.org/2018/06/understanding-discourse-trust-levels/

FAQ/Guidelines
https://discourse.biblepaycoin.org/t/faq-guidelines/5

NOTE: Currently Ive set Trust Level "Member" the ability to post anonymously

I have also setup the ability to login using Google, Facebook, Twitter and Github,
so users do not have to create another account, they can use one they already have!

Im not sure if it this forum will get used, I dont think the timing is that great,
was just experimenting again, please let me know any feedback!

Cool stuff. You can't know ahead of time if it will get used, but just making the effort is good. I'm going to be taking a step back from this project for a bit and let some of the dust settle. It's a little too dramatic for my taste, and there are other projects to work on without so much contention.
179  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BiblePay✟CPU✟Governance✟Help Orphans✟PODC Cancer Mining✟Deflationary✟Masternodes on: November 21, 2018, 03:51:18 PM


I agree on the use case,  this is something we could use help in...
If you want to help us with that,  we could use someone to do Due Diligence on Debit cards for BiblePay, and/or finding a Christian merchant who sells bibles and would agree to integrate with us to accept BiblePay in their storefront.   These are projects on our roadmap, and even having some of the initial steps done would further our utility goals.   When the time comes, Rob offere dto help with the integration as well.  (I would offer whatever assistance I could.)


I doubt there is a merchant who will agree to take Biblepay, because no one really uses it as a currency.  



I actually looked into the debit card on another project.

Here's a couple of articles with a high level view of debit cards.
https://www.entrepreneur.com/article/302266
https://cointelegraph.com/news/popularity-of-crypto-debit-cards-will-encourage-mainstream-adoption

Here's an article on crypto.com and their debit card.
https://www.cryptoglobe.com/latest/2018/09/100000-crypto-visa-debit-cards-to-be-issued-by-crypto-com/
https://crypto.com//en/cards.html

Here's one that connects to coinbase:
https://www.shiftpayments.com/card

This is one of the most popular cards:
https://bitpay.com/card/

Here's a comparison of different cards:
https://www.cryptowisser.com/debit-cards/

Every card I can find is hooked to bitcoin, bitcoin cash, or Litecoin. There arn't any from a project this small. The only option would be to find a bank who in someway wants to sponsor and do the card through them. Again, quite unlikely.

The only way I could see it working is if it were tied to bitcoin, and then some conversion to BBP. Again, the problem with exchanges. The hop from BTC to BBP would have to be transparent.

Frankly, I think this, like finding merchants to take BBP directly, is something that may work down the road, but feels premature to me. The project needs a much bigger base to take this step. It feels like we're trying to skip steps, but I'm not sure what the next step should be.

Sorry, I think it's a case of "can't get there from here".


Thank you for starting the research.  We can't enter into the due diligence for either project with a defeatist mentality.  We have to realize that it is possible, and we have to incrementally find the partner that likes us, schedule some time with them, make a sticky deal and then integrate when we meet the requirements.

I was envisioning - for either project - maintaining a spreadsheet - of every partner you contacted and finding the requirements, and explaining our unique situation until you have it sorted by best possibility.

For debit cards for example, the key is finding any community - as an altcoin - that has integrated with a debit card.  Finding out if there is a roadblock in using the visa or mastercard model (still, as there was previously).  And finding out if any generic debit cards or credit cards exist (they do, some are cleared by strange banks - that are not visa based).

Start with this web site:

https://uquid.com/altcoin-debit-card

In Uquid I see a lot of alt-coins integrated at one point in time.  But you would need find out if these are visa agreements, what the roadblock is, and if the entire system is halted then find an alternative to uquid - based on altcoin integration.


The similar process needs to occur as a separate project for storefront sales integration.  There are altcoins that have integrated with merchants.  We just need to find one that sells a cheap product that is willing to piggyback biblepay on as "one of the alts".  Yes, they may require Y amount of volume per day.  Once we have all those in a spreadsheet, we can then come back to the community with a monthly report - and talk about our lowest barrierst.

Eventually, we will crack both with perseverance - as long as we shoot for a top50 exchange (possibly only requiring Cryptopia - possibly) and $2K per day volume (yes it might require more than that, but I'm just giving examples).



That's an interesting site you linked. When I went to the card links, it shows this message:
"Sorry, we do not provide our services to US citizens and residents of the USA whether located on US territories or abroad.

We do not offer any of our services to US citizens and permanent residents."

Interesting, you accuse me of a defeatist attitude. Well I guess that's a self-fulfilling prophecy. I don't think I'm the person to continue this line of inquiry, maybe you can find someone with more faith..

BTW, I've only every been pointed to as a realist. But I'm sure there's someone with a more cheery disposition that you can delegate to.

I'll be watching this project with interest. Thanks for reading my post.

180  Alternate cryptocurrencies / Announcements (Altcoins) / Re: BiblePay✟CPU✟Governance✟Help Orphans✟PODC Cancer Mining✟Deflationary✟Masternodes on: November 21, 2018, 06:37:43 AM


I agree on the use case,  this is something we could use help in...
If you want to help us with that,  we could use someone to do Due Diligence on Debit cards for BiblePay, and/or finding a Christian merchant who sells bibles and would agree to integrate with us to accept BiblePay in their storefront.   These are projects on our roadmap, and even having some of the initial steps done would further our utility goals.   When the time comes, Rob offere dto help with the integration as well.  (I would offer whatever assistance I could.)


I doubt there is a merchant who will agree to take Biblepay, because no one really uses it as a currency.  

I actually looked into the debit card on another project.

Here's a couple of articles with a high level view of debit cards.
https://www.entrepreneur.com/article/302266
https://cointelegraph.com/news/popularity-of-crypto-debit-cards-will-encourage-mainstream-adoption

Here's an article on crypto.com and their debit card.
https://www.cryptoglobe.com/latest/2018/09/100000-crypto-visa-debit-cards-to-be-issued-by-crypto-com/
https://crypto.com//en/cards.html

Here's one that connects to coinbase:
https://www.shiftpayments.com/card

This is one of the most popular cards:
https://bitpay.com/card/

Here's a comparison of different cards:
https://www.cryptowisser.com/debit-cards/

Every card I can find is hooked to bitcoin, bitcoin cash, or Litecoin. There arn't any from a project this small. The only option would be to find a bank who in someway wants to sponsor and do the card through them. Again, quite unlikely.

The only way I could see it working is if it were tied to bitcoin, and then some conversion to BBP. Again, the problem with exchanges. The hop from BTC to BBP would have to be transparent.

Frankly, I think this, like finding merchants to take BBP directly, is something that may work down the road, but feels premature to me. The project needs a much bigger base to take this step. It feels like we're trying to skip steps, but I'm not sure what the next step should be.

Sorry, I think it's a case of "can't get there from here".
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