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381  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BITS][BITSTAR] POS ★ MULTIPOOL ★ ANON ★ In Wallet FIAT Exchange ★ BitStart on: August 28, 2014, 09:27:26 PM
I got a question , does anyone know a way to make staking more effective , I cant have the pc running 24 / 7 , it runs about 10 hours a day and I am currently at a network weight of 62k  rising quicker then it is used up^^

Yes, you need to merge your inputs by sending your coins back to yourself.  you need to do this every week or two as staking breaks them back down again, you will lose a days stake, but rather than having hundreds of small inputs you have some larger ones (this also means smaller fees if you do send a large transaction later). 

There are down sides to this also, more staking is better for the network (makes transactions faster), also if you have a say 5000 input and only send 500 coins, then 4500 coins lose out on staking for a day as they are considered modified.

ok , then i will send my coins to the exchange wallet and then send them back in 4-5 stacks over the day , or should i send them in one chunck ?

You don't need to send them to an exchange, just send from your address back to your address, you just get charged one fee then.  Chunks is personal preference really, theres nothing stopping you having them as one input, they will get broken back down again in a few stakes.

ok , thanks for your help ! Smiley
382  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BITS][BITSTAR] POS ★ MULTIPOOL ★ ANON ★ In Wallet FIAT Exchange ★ BitStart on: August 28, 2014, 09:10:10 PM
I got a question , does anyone know a way to make staking more effective , I cant have the pc running 24 / 7 , it runs about 10 hours a day and I am currently at a network weight of 62k  rising quicker then it is used up^^

Yes, you need to merge your inputs by sending your coins back to yourself.  you need to do this every week or two as staking breaks them back down again, you will lose a days stake, but rather than having hundreds of small inputs you have some larger ones (this also means smaller fees if you do send a large transaction later). 

There are down sides to this also, more staking is better for the network (makes transactions faster), also if you have a say 5000 input and only send 500 coins, then 4500 coins lose out on staking for a day as they are considered modified.

ok , then i will send my coins to the exchange wallet and then send them back in 4-5 stacks over the day , or should i send them in one chunck ?
383  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BITS][BITSTAR] POS ★ MULTIPOOL ★ ANON ★ In Wallet FIAT Exchange ★ BitStart on: August 28, 2014, 08:49:34 PM
I got a question , does anyone know a way to make staking more effective , I cant have the pc running 24 / 7 , it runs about 10 hours a day and I am currently at a network weight of 62k  rising quicker then it is used up^^
384  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BITS][BITSTAR] POS ★ MULTIPOOL ★ ANON ★ In Wallet FIAT Exchange ★ BitStart on: August 28, 2014, 08:43:06 PM


The main point seems to be: the asset would have to be traded only using BITS, but at the current price of the USDs. Then the fund would convert the bits to USDs. This way, the pegged asset wouldn't be a convertible currency.


Bit it was just an idea. I completely agree that you should finish the projects you have in hands.

Yes defiantly a good idea, especially when you consider the other plans we already have regarding ecommerce etc and allowing people that sell with bits to auto exchange out, we want to make the ecommerce platform as streamlined as possible.  So defiantly something we'll be looking into more asap.

awesome , need to get more money to be able to buy more Cheesy
385  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BITS][BITSTAR] POS ★ MULTIPOOL ★ ANON ★ In Wallet FIAT Exchange ★ BitStart on: August 28, 2014, 08:26:47 PM
I called it a coin, but actually, it wouldn't have to be a coin. At bitsharesX they call it an asset.

I already wrote about the legal issue (https://bitcointalk.org/index.php?topic=689902.msg7900395#msg7900395). I don't think trading an asset pegged to the USD changes the nature of the obligations of the BITS system.

But it's your call.

Excellent work. I'm investing on it and I guess that says more than any words.

wow thats quite a text , nice work ! Cheesy
386  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BITS][BITSTAR] POS ★ MULTIPOOL ★ ANON ★ In Wallet FIAT Exchange ★ BitStart on: August 28, 2014, 08:15:11 PM
I started buying BITS recently and I'm thinking about increasing substantially my position.

I think a detailed FAQ on the site would be helpful.

It seems the coin already has anonymity, something many coins are still struggling to get. It would be important to see a detailed description of the system of anonymity applied.

There are articles about the new "fiat exchange". It would increase transparency and, thus, trust, if a detailed description was offered and there was a recognition that it's only an assistance to the exchange of fiat. That it will be necessary to use the traditional means of fiat transfer.

To avoid this, I wonder if it could be created some kind of BitUSD pegged to the USD like the one created by BitsharesX. But it couldn't be on their terms, it seems their system can create BitUSD in rather lose terms, like the FED. It had to be backed by USD. Any purchase using BITS or bitcoin should be converted to USDs or another stable asset to avoid any risks of default in case of devaluation of bitcoin/Bits.

I see some value on the creation of a second coin inside the BITS system pegged to the USD:
1) The creation of a true "USD" exchange, with instant trades inside the system.
2) For the ones bearish on bitcoin, there would be a cryptocoin pegged to the USD working as a safe haven, that they could keep in their wallet.
3) Those USDs received from the sale of the pegged coin would be used to build a fund that could be used on conservative investments. Its profits (like interest earned lending those USDs, perhaps on Bitfinex, even if the rates went down a lot) could be used to support development of the system.
4) The fund should be managed by the devs or someone trusted with complete transparency, showing at every moment how much money it had. The exact number of the pegged coins should always be equal or inferior to the number of USDs in the fund.

Welcome to the coin and thanks for the input, I'll look at getting the OP rewritten this weekend, maybe hire a professional.

Regarding FIAT directly traded by us either with bits or second coin like you have said, we moved away from this idea currently as we would have to be licenced and to provide anti money laundering and anti terrorism systems and that would take a lot of funding, but will definitely look into your ideas

maybe once the marketcap has a couple more zeros ... so in 3 months or so Cheesy
387  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BITS][BITSTAR] POS ★ MULTIPOOL ★ ANON ★ In Wallet FIAT Exchange ★ BitStart on: August 28, 2014, 08:05:57 PM
your idea with the in wallet fiat things is realy good and it would bring the inwallet p2p exchange to a whole new level however I think it would be good if we would get a little more volume first.

If you have ideas about how to pull it off just message the dev , he is always very open about new suggestions , however I dont think he will be able to do it very soon since he is currently very busy and working on tons of different things Smiley
388  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BITS][BITSTAR] POS ★ MULTIPOOL ★ ANON ★ In Wallet FIAT Exchange ★ BitStart on: August 28, 2014, 08:01:18 PM
I started buying BITS recently and I'm thinking about increasing substantially my position.

I think a detailed FAQ on the site would be helpful.

It seems the coin already has anonymity, something many coins are still struggling to get. It would be important to see a detailed description of the system of anonymity applied.

There are articles about the new "fiat exchange". It would increase transparency and, thus, trust, if a detailed description was offered and there was a recognition that it's only an assistance to the exchange of fiat. That it will be necessary to use the traditional means of fiat transfer.

To avoid this, I wonder if it could be created some kind of BitUSD pegged to the USD like the one created by BitsharesX. But it couldn't be on their terms, it seems their system can create BitUSD in rather lose terms, like the FED. It had to be backed by USD. Any purchase using BITS or bitcoin should be converted to USDs or another stable asset to avoid any risks of default in case of devaluation of bitcoin/Bits.

I see some value on the creation of a second coin inside the BITS system pegged to the USD:
1) The creation of a true "USD" exchange, with instant trades inside the system.
2) For the ones bearish on bitcoin, there would be a cryptocoin pegged to the USD working as a safe haven, that they could keep in their wallet.
3) Those USDs received from the sale of the pegged coin would be used to build a fund that could be used on conservative investments. Its profits (like interest earned lending those USDs, perhaps on Bitfinex, even if the rates went down a lot) could be used to support development of the system.
4) The fund should be managed by the devs or someone trusted with complete transparency, showing at every moment how much money it had.

I already wrote a pretty long text about the coin , if you check one or 2 pages back you will find it , I could do that more professional looking and easier to skim through as a faq post , for the technical stuff (whitepapers) I would suggest someone else does it since I dont know enough about coding for doing that Smiley
389  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XBM][100% PoS][4.7M][Anonymous][Encrypted Messaging][Web Wallet] Launched! on: August 28, 2014, 07:52:12 PM

Submitted a Pm to Dev

Indian translation Completed : https://bitcointalk.org/index.php?topic=760436.0

A long hard work...

Waiting for my Reward.. Let's see what will happen


I had a reason why I didn't reply. Anyway.
If you find a Indian flag with the dimensions I have the other flags in the OP, you will get rewarded.

I found it : http://www.indian-medical-tourism.com/images/indian-flag-waving-small.jpg
#

could i be rewarded for the german translation i did about a week ago as well , already send you pm with the adress
Of course. Just need to pay our investors first, before proceed with anything else :-)

ok , thanks , need to buy coins ! Cheesy
390  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XBM][100% PoS][4.7M][Anonymous][Encrypted Messaging][Web Wallet] Launched! on: August 28, 2014, 07:45:45 PM

Submitted a Pm to Dev

Indian translation Completed : https://bitcointalk.org/index.php?topic=760436.0

A long hard work...

Waiting for my Reward.. Let's see what will happen


I had a reason why I didn't reply. Anyway.
If you find a Indian flag with the dimensions I have the other flags in the OP, you will get rewarded.

I found it : http://www.indian-medical-tourism.com/images/indian-flag-waving-small.jpg
#

could i be rewarded for the german translation i did about a week ago as well , already send you pm with the adress
391  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BITS][BITSTAR] POS ★ MULTIPOOL ★ ANON ★ In Wallet FIAT Exchange ★ BitStart on: August 28, 2014, 05:38:38 PM
Polo wants to delete BITS market.
Any idea what we can do to save it?

trade on there however no one wants to since we have bittrex , would not be a great loss in my oppinion but if you want to save it , get a friend of yours and buy each others coins , you will loose about 0,1% of the overall volume you added in transaction fees , however if you should chose to do it be realy quick filling each others orders so no one else does.

however i do not think they will close it since we have quite a lot of things going our way and if they take a closer look at the coin they will probably see that as well
392  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [WAITING LIST] Aricoin (₳) | First Easy-to-use Coin on: August 28, 2014, 12:29:30 PM
looked nice on the first glance , however i dont believe in it anymore since you can simply refresh the page and get back to 1k coins , problem with multiple email etc ...
393  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BITS][BITSTAR] POS ★ MULTIPOOL ★ ANON ★ In Wallet FIAT Exchange ★ BitStart on: August 27, 2014, 09:46:18 PM
Hi , jl777 just posted something for all anon coins that could also get interesting for us , dev maybe you could take a look at it and get in contact with him , we can get the best anon function out there for ... free Smiley

https://bitcointalk.org/index.php?topic=684090.msg8561259#msg8561259

for everybody else please keep posting stuff in the casheer forum every once in a while since being added there would REALY help us , also keep looking for developers who want to get crowdfunded and message exchanges developers and cryptonews sites to add us Wink
394  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BITS][BITSTAR] POS ★ MULTIPOOL ★ ANON ★ In Wallet FIAT Exchange ★ BitStart on: August 27, 2014, 08:36:46 PM
About my asset idea , if someone is good with trading bots , maybe the coins can also stay with the dev and just have a trading bot trading them , benefit : trust factor is gone , problem the bot might make a bad decision if he has unoptimal orders.

I like the idea of quatloo but I am not sure if the bot is already capable of functioning without supervision , i will contact the quatloo dev , ask him about this and maybe he would also be willing to set up a not with perfect orders , could be a nice possibility for him to show off the strengths of his product.

btw I am currently holding a pretty low amount of coins (20k) which i bought at +1k , i have raised awareness on twitter , suggested a couple of ideas , got us that article and , currently trying to get us on the coinsis debit card programm and contacted jl777 who has agreed to do some work for this coin if some requirements are met , all of this has taken quite a bit of time over the course of some weeks , feel free to donate some coins B9YhPtF7GcDazD8ZLAMGFz2VSmVYXnKUkt Cheesy

ive written the quatloo dev a proposal which i think would be pretty nice for both sides a couple of hours ago , will get back to you once i get a reply , also waiting for a reply from the coinsis card team , mail adresses have been exchanged but not much more then that
395  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BITS][BITSTAR] POS ★ MULTIPOOL ★ ANON ★ In Wallet FIAT Exchange ★ BitStart on: August 27, 2014, 06:37:51 PM
About my asset idea , if someone is good with trading bots , maybe the coins can also stay with the dev and just have a trading bot trading them , benefit : trust factor is gone , problem the bot might make a bad decision if he has unoptimal orders.

I like the idea of quatloo but I am not sure if the bot is already capable of functioning without supervision , i will contact the quatloo dev , ask him about this and maybe he would also be willing to set up a not with perfect orders , could be a nice possibility for him to show off the strengths of his product.

btw I am currently holding a pretty low amount of coins (20k) which i bought at +1k , i have raised awareness on twitter , suggested a couple of ideas , got us that article and , currently trying to get us on the coinsis debit card programm and contacted jl777 who has agreed to do some work for this coin if some requirements are met , all of this has taken quite a bit of time over the course of some weeks , feel free to donate some coins B9YhPtF7GcDazD8ZLAMGFz2VSmVYXnKUkt Cheesy
396  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BITS][BITSTAR] POS ★ MULTIPOOL ★ ANON ★ In Wallet FIAT Exchange ★ BitStart on: August 27, 2014, 01:02:30 PM
If you know any service that does basically anything for altcoins ask them to add us , every service we can get on is something that brings the coin further , if you are asked what bitstarcoin has to offer , feel free to copy this text.



About the developer , I think he posted at some point that he / the team consists of 3 people.
He is somewhat of a perfectionist , meaning he does not release anything until it is realy working and he always thouroughly tests new features for some time with a couple of people before releasing them (I was one of a couple of people who had early acces to the p2p exchange before release to test it) and he always likes to have some unique touch to the features and not just make it the same way it was already done by many other coins.
The dev is also concerned about the investors , he does not cause pump and dumps by giving certain release dates and hyping the features which results in more price stability and rewards anyone who puts trust in him.
The best thing in my oppinion is that he is very open to suggestions , I asked him for a couple of things and they were either implemented or put on the to do list , anomity was added only because the community liked to see it , it was not hyped either it just "appeared" in the wallet after an update without people knowing he even worked on it.
He is online very often and usulay replies pretty quick , everytime I had a question or suggestion he replied , helped me and often tried to do what I asked / hoped for.



What makes this coin stand out from others is the p2p inwallet fiat exchange , it basicaly allows you to put up an order to either buy or sell coins at a certain price and people willing to buy can do so , off the market.
There are 8 different payment methods including : bank transfer , western union , okpay and others , what , this is something that has never been done in crypto and brings a whole new level of trading and makes it easier for people coming into crypto to get coins , they do not need to learn how to use an exchange and they do not need to get bitcoins first , which also helps to tie the coins price to fiat instead of bitcoin which could make it more stable.

Another so far unique thing is the upgraded Bitstart function , which is basically in wallet crowdfunding.
If someone can develop something for bitstarcoin , he can start a funding "campaign" in the wallet , every user can now invest coins , those coins are released to the developer once the product is finished , if a certain deadline is not met the coins go back to the wallets the were sent from.
Quote from the dev from yesterday : "Yesterday we rewrote the BitStart system so it can provide refunds if targets are not met (ready for the next stage). 
So maybe we should add projects like this with a time limit on them."

The wallet also has a realy nice interface , in the services tab you can easily select different features : the p2p fiat exchange , a function that shows you the current price on different exchanges , a block explorer , the bitstart system , the coins stats , the multipool , an irc chatroom , and a help function allowing you to create tickets and answering frequently asked questions.



About the history : ( I can not give very accurate informations about this because I just got into this coin about a month ago , however I will try to give you somewhat of a timeline )
This coin launched about 4 months ago , as a 1 month scrypt into 35% pos coin , with no significant features , it always had a low marketcap and volume and some features like the multipool and the anon function were added somewhere along the line.
The price slowly started to decline until the dev said that the new feature would soon be released , after that there was some more time of developing and testing and after that the service tab with all its functions was added to the wallet.



The roadmap currently is to start the crowdfunding , we are currently looking for good coders and developers who are able to code something for the coin , jl777 from nxt and btcd said that if we get the coin on the nxt asset exchange he would be willing to code , we are currently trying to get on there , from the looks of it it should not be too hard , however I do not know anything about nxt or coding so do not quote me on that Cheesy

Quote from: jl777 on August 23, 2014, 06:04:34 PM
Quote from: exoton on August 23, 2014, 04:54:03 PM
Hi , I was wondering if you would consider developing something for bitstarcoin when the bitstart system comes out , which is essentially an inwallet crowdfunding option.

you could get a large amount of coins which would then quickly rise in value and the coin gets new features Smiley
if you get you coin using NXT Asset exchange using MGW, then it would be possible
https://nxtforum.org/index.php?topic=4007.0

We might also soon be added to the casheer app which would be a huge step for bits as it would make it easy to pay with bits.

Quote from: Sic840 on August 24, 2014, 06:24:36 PM
Looks like Casheer has heard our request. They are considering adding bits. Said they would like to see more support from bitstar community. Please bug them! Also they mentioned US adding a bitstar to their forums. The louder we are the more they will flock. We have the coin. We have the community. It's up to us to take this to the next level. I will work hard this week pushing bits. Great job guys keep it up!!!!

It is possible that we might be added to the gambling site bitstars.net at some point somewhere in the future which would also be nice since there is a ton of volume on there and due to the similiar name a lot of people on there would notice bitstarcoin and its features.

Quote from: bitstars.net on August 25, 2014, 04:45:11 PM
Quote from: thisisit on August 24, 2014, 07:32:01 PM
i have contacted them ( live chat ) and shared my email with them, i will get an official response from them. probably by tomorrow.

that response i will post here.

they were already aware of the coin  Roll Eyes

Hi thisisit,

After our talk, here is where we stand at the moment:

"At Bitstars.net we’re working hard to continue to excel and provide the best user experience for our players. The same stands for anyone who simply likes that element of fun while playing in a casino that offers some of the best games around.

Bitstars will continue to add new games and functionalities that we are very excited about. The addition of new currencies and altcoins are also in the pipeline as part of the future plans, although it is still too early to specify the exact currencies that will be added.

In saying this, since we are already fully aware of all the benefits of the bitstar coin, this is one the coins that we will surely be putting on the list that we are going to evaluate internally before taking any final decisions."

Cheers,

Nick
Bitstars.net - Follow the Stars

I have contacted coinsis which is currently developing the coinsis bitcoin credit card and maybe we could be added on there somewhere in the future , however I have not spoken with them for more the like 3 sentences so this is pure speculation.

While the comunity is doing this the dev is helping on everything that has to do with coding (like getting on the nxt asset exchange , finishing and stting up btistart etc.) and he is working on the bitstar tracker.
This project is to create a tracker for all bitstar projects, it will allow users to view what we are working on, and what we work on in the future.

quotes :

Quote from: Bitstar_coin on August 24, 2014, 07:02:08 PM
I'm currently working on something to give users unprecedented access to the way the coin develops as well as making our coding effort far more efficient, it will hook up with the Bitstart system too.  Hoping to have it live in 1-2 days.  I just added to the bitstart system so you can see progress

Quote from: Bitstar_coin on August 25, 2014, 02:20:57 PM
Quote from: exoton on August 25, 2014, 01:51:05 PM
lows are getting higher forming an ascending triangle , good things are being worked on and the comunity is pretty enthusiastic about the innovative faetures , once the volume starts going up the price will fly away , which in my oppinion should be soon since people are trying to accumulate by making a little barrier at around 1k

Yes, I have some volume dependant features waiting to be made.  One of them will be so you can pay for items/orders with Bitstar at places that already take payments in Bitcoin, but as always I also plan on expanding it further. 

Some other ideas I'll be keeping to myself for now also.

Somewhere in the future the dev also plans to release an ecomerce platform where you can sell / buy real products within the wallet which will also give the user the possibility to be paied out in fiat.

Also at some point all the things in the bitstar tab will be done , those are : (the ones not mentioned somewhere above yet) Upgrade the official website , In wallet games/gambling , In wallet crypto exchange via API , In wallet forums , Update the multipool , SMS wallet / Tip system and an Android
wallet.

Meanwhile the developers who got crowdfunded will also work on something.



As far as I understand it the stage 1 wallet was the wallet in its previous form (without the service tab)
the stage 2 wallet is the current wallet which will constantly get new features added to it.



From the perspective of an investor fiat wallets are a huge deal , the p2p inwallet fiat exchange is basically localbitcoins in a wallet , local bitcoins has a monthly volume of about 2 million $ per month and is many peoples favorite way to aquire btc , if bitstarcoin can just get a fraction of localbitcoins recognition there would be an imense price increase.




As I am not the developer I can not realy say too much about the premine or the Mentelity foundation ,
from the op I gathered the informations that 800k was spent for Giveaways via bounties, irc and multipool (50%)  and 400k (25) was spent on the development of unseen advanced coin features.
About the other questions I can just say that I trust the dev to do the right things with the premine , if he wanted to scam anyone he could have easily done so months ago.




The community can be active on the casheer forum until we get added , find new investors , merchants , traders etc , raise awareness on social media , stake their coins to ensure a safe network (and enjoy 35% pos) , contact exchanges to add us , find developers to code something with the bitstart system and generally do anything that one usulay does for their coins.




My personal thing to share with the community : please do all of the above as I have been trying to Cheesy




Of course I am not the developer so you might also want to check back with him since I do not want to claim anything wrong and he might give you more detailed information on things like the coins history.
397  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BITS][BITSTAR] POS ★ MULTIPOOL ★ ANON ★ In Wallet FIAT Exchange ★ BitStart on: August 26, 2014, 09:55:40 PM
Hi , I have a suggestion for the community to discuss , you have probably heard of the sync assets programm and how they hold some altcoins which they will sell at some point and give the profit to the holders in the profit sharing programm http://syncfund.com/assets.html

My idea is to start a fund holding altcoins for bitstar as well , the fund would get started by community donations and it would always be clear how many and which coins are being held , the profits would directly be put into the bitstart programm to fund further development of the coin.

To give an incentive to the person handling the trading part to do their best this person could receive ?5%? of the weekly earnings.

I myself am pretty good at finding high quality coins because I check the ann thread daily and have seen every single coin release in the last 3 months , also I keep up to date with the threads of about 10 different coins and always check my Twitter for potentialy exploding coins.
When deversifying I never had a week of trading were I made a deficit compared to the last week ... until my email account got hacked and all my coins were stolen and I had to restart with the little amount of btc I got from doing translations and joining giveaways , now I went all in with bits btw.

There could also be a "bankfunction" where one pays in x btc and can claim them back anytime +?50%? of the profits.

The Problem with this idea is that there is no assurance for the community that the person assigned to handle this fund wont just run off with the coins if the dev just holds all the funds they cant quickly be sold off if a coin suddendly decides to crash , if you like the idea we would need to find a: maybe a good daytrader as I have not mastered the art of finding good entries and exits or playing the waves b: a possibility to make sure the trader doesnt steal the coins while also allowing him to make quick trades.

I already contacted the dev about this and he generally likes the idea , however he is currently unable to code a system for that because there are tons of important things on his to do list right now.

If you have any ideas or suggestions on how we could maybe make this work feel free to post them , it would realy be a good thing because the more funds we have the better things we will be able to crowdfund.


If I were to set up a portifolio right now I would put in : Storjcoin , Checkcoin , Pinkcoin , Viacoin , Nxxtycoin , Saffroncoin ,  Synccoin , maybe Xennet and VPN if they give some information on when they actually launch etc , I would add Greenbacks and Bitcoindark once they went down a bit
By realy spreading out your portifolio like that the overall btc holdings would not just explode at one point but there would be a continual rise because all of those coins will very likely have a big succes at some point.



Btw if you have time also write emails to big exchanges and ask them to add us , write on the casheer forum and also start looking for developers who would like to be crowdfunded , as I have understood it the bitstarsystem is basically ready to be used.

That's excellent!

If anyone comes up with an idea on how to keep the person holding the coins from running away with them we could start a campaign on bitstart , in theory I would be willing to share my real ID with the dev however this could in theory be faked as well and I would be realy afraid of getting hacked again and loosing all the funds
398  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BITS][BITSTAR] POS ★ MULTIPOOL ★ ANON ★ In Wallet FIAT Exchange ★ BitStart on: August 26, 2014, 09:45:23 PM

I did so as well Wink

great minds think alike Cheesy
399  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BITS][BITSTAR] POS ★ MULTIPOOL ★ ANON ★ In Wallet FIAT Exchange ★ BitStart on: August 26, 2014, 06:55:18 PM
Hi , I have a suggestion for the community to discuss , you have probably heard of the sync assets programm and how they hold some altcoins which they will sell at some point and give the profit to the holders in the profit sharing programm http://syncfund.com/assets.html

My idea is to start a fund holding altcoins for bitstar as well , the fund would get started by community donations and it would always be clear how many and which coins are being held , the profits would directly be put into the bitstart programm to fund further development of the coin.

To give an incentive to the person handling the trading part to do their best this person could receive ?5%? of the weekly earnings.

I myself am pretty good at finding high quality coins because I check the ann thread daily and have seen every single coin release in the last 3 months , also I keep up to date with the threads of about 10 different coins and always check my Twitter for potentialy exploding coins.
When deversifying I never had a week of trading were I made a deficit compared to the last week ... until my email account got hacked and all my coins were stolen and I had to restart with the little amount of btc I got from doing translations and joining giveaways , now I went all in with bits btw.

There could also be a "bankfunction" where one pays in x btc and can claim them back anytime +?50%? of the profits.

The Problem with this idea is that there is no assurance for the community that the person assigned to handle this fund wont just run off with the coins if the dev just holds all the funds they cant quickly be sold off if a coin suddendly decides to crash , if you like the idea we would need to find a: maybe a good daytrader as I have not mastered the art of finding good entries and exits or playing the waves b: a possibility to make sure the trader doesnt steal the coins while also allowing him to make quick trades.

I already contacted the dev about this and he generally likes the idea , however he is currently unable to code a system for that because there are tons of important things on his to do list right now.

If you have any ideas or suggestions on how we could maybe make this work feel free to post them , it would realy be a good thing because the more funds we have the better things we will be able to crowdfund.


If I were to set up a portifolio right now I would put in : Storjcoin , Checkcoin , Pinkcoin , Viacoin , Nxxtycoin , Saffroncoin ,  Synccoin , maybe Xennet and VPN if they give some information on when they actually launch etc , I would add Greenbacks and Bitcoindark once they went down a bit
By realy spreading out your portifolio like that the overall btc holdings would not just explode at one point but there would be a continual rise because all of those coins will very likely have a big succes at some point.



Btw if you have time also write emails to big exchanges and ask them to add us , write on the casheer forum and also start looking for developers who would like to be crowdfunded , as I have understood it the bitstarsystem is basically ready to be used.
400  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][BITS][BITSTAR] POS ★ MULTIPOOL ★ ANON ★ In Wallet FIAT Exchange ★ BitStart on: August 25, 2014, 06:08:15 PM
there is still just a handfull of posts on the casheer forum http://forum.casheer.net/viewforum.php?f=26 please sign up and leave a comment

for new investors :

we have :
anon function , fiat p2p trading in wallet , some other in wallet functions like irc , almost completely finsihed inwallet corwdfunding with safe returns if something is not delivered

we will shortly get :
 payment function that automatically converts bits to pc (you can pay anywhere btc is accepted with bits) , we will probably shortly be on the casheer app , we might shortly be on nxt asset exchange - if we can accomplish this jl777 from nxt + btcd would develop things for us if he is crowdfunded , maybe we will be added to the bitstart gambling site

planned for the future : (bitstart)
android wallet , sms wallet , multipool update , inwallet forums , In wallet crypto exchange via API , In wallet games/gambling , Upgrade the official website , Bitstar Ecommerce system
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