When will pool.biblepay.org become a normal website?? It is something terrible and user total unfriendly.
Do you know anyone who wants to work on it for free or for little bit of money? BBP monthly budget is about 14 million coins "getgovernanceinfo", half goes to Charity, so that leaves 7 million coins, currently worth about $3,400 Rob is our only full time employee, Rob is still owed for previous work, hes only been paid up through the month of April I believe, Jaap is still owed some for last exchange listing fee, and I am still owed for AirdropAlert.com listing. We currently do not have enough budget to pay Rob for his monthly programming work Also, We need 1.5 BTC for Cryptopia Exchange Listing We need 1 BTC for Legal Statement of Utility Slovakia wants us to spend 20k Euro on Ledger Nano S integration lol Anyways, this is why every person involved is important, every one of you have the power to help grow the value of BiblePay, by spreading the news to others, by investing, by commenting, by contributing work! Understanding BiblePay Masternode Governance and Monthly Budget System: http://wiki.biblepay.org/UnderstandingGovernanceWe currently have more work that needs to be done than money or hands to do it Does someone want to list out all the work that needs to be done in a collaborative online document and break it into work units? Can someone then prioritize the work based on budget and ROI? Can someone then spend time finding people to do the work units? Does anyone want to form committees/subcommittees/focus groups/teams to start working on different sections of work? |
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Ive taken down the main explorer again, 10000 transactions indexed per address is not working out,
Wiped the database and reindexing with 250 transactions per address, should hopefully only be down for a day or two
Mongo was hitting highs of 330% CPU usage LOL and some addresses were giving 502 gateway timeout errors, I changed some nginx settings but eventually gave up
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A billionaire could decide to drop a million dollars on buying BBP, and lets say he buys 300 masternodes and has ultimate control, the thing is, he is still bound by the free market, if this multi-millionaire upsets investors with his decisions and the BiblePay market goes down, his million dollars just lost value, the multi-millionaire is aligned by incentives/disincentives (money) to keep and grow the value of the project, now someone could come here to waste money to sabotage us but its going to be SUPER expensive to do so Understanding the BiblePay Masternode Governance and Budget System http://wiki.biblepay.org/UnderstandingGovernance"Masternode operators are not the only ones interested in the success of BiblePay, but they are the most stable ones because, unlike miners, they can’t reuse their asset for any other purpose or coin." "One advantage of this model is it can survive early adopters. If early masternode operators sell their coins, the new owner can set up a masternode and with it acquire the right to vote on the budgets and projects. This guarantees there is a working system of maintenance as people come and go, making the network capable of sustaining itself on its own without depending on specific actors." Id rather be led by people with money on the line, people who have a lot to lose and a lot to gain, good incentives and disincentives, then to be led by people who have little or no skin in the game and little incentives/disincentives Yes, skin in the game is good. Incentives are good. So is transparency. Securities regulators like the SEC and other government agencies will soon dramatically impact the crypto world, so we might as well be the first to implement best practices. Respectfully Togo, I don't agree that the whale-voting-rights issue will necessarily be solved by free-market forces. At current prices, any atheist bitcoin millionaire could likely make a profit and turn BBP into a joke by first becoming an MN whale, and then proposing/passing the launch of an online porn site where 10% of the profits from it are sent to help orphans. This would attract other investors who believe the idea is a valid money-maker from a free market perspective. So instead of losing money, the evil whale makes money off of the massive publicity generated by the shocking news of a Christian crypto-coin helping orphans by running a porn site. Imagine the amount of free PR. The whale doesn't have to worry about bad publicity personally as a result of his actions. He would be protected by the anonymity and lack of transparency that the current crypto environment gives him. In fact he could plant a few rumors suggesting that he wasn't involved at all, it was those hypocritical Christians doing what they always do. So instead of the investment being "expensive" for the evil whale, BBP becomes another lucrative income stream for him and his followers. There was a time when we were naive brothers, but now we have grown to accept the words of Christ ... "For the sons of this world are more shrewd in dealing with their own generation than the sons of light." "Look, I am sending you out like sheep among wolves. Therefore be as shrewd as snakes and as innocent as doves." I cant tell if Im misreading or not, does the Athiest millionaire own the porn site? or will just pass a proposal to work on a porn site? If he owns the porn site, and its PR for the porn site, BiblePay investors would probably sell to get away from this guy, how much is the pornsite PR (additional porn revenue) worth in loss of BBP coins? He will have to sell his BBP coins at a loss becauses investors left Even If he does or doesnt own the porn site and its PR for BiblePay and the PR works, the value of BiblePay increases and we all sell at a profit and we can start a new cryptocurrency now with each of us having even more money Overall, for someone to gain enough masternodes to have ultimate power, they would make us all profit when they buy them up, whether his ultimate plan works or not we make profit along the way, I dont think he could slowly amass enough, he has to buy a lot, it would really change the market dynamic, giant buy pressure This is all quite interesting to think about haha |
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We were rejected again by Theymos, Head Bitcointalk Forum admin, for a banner ad spot. "Sorry, I'm still not convinced." https://bitcointalk.org/index.php?topic=5027613.msg46098258#msg46098258Investigation and Proof of BiblePay's Charity Donations: https://bitcointalk.org/index.php?topic=5030640What more can we do? Other than recording myself calling Compassion, what else can I do? Do we need to hire a private investigator, an auditor? If we cant convince a smart guy like Theymos how can we convince others? Is something else going on here? Are we being discriminated against for being a religious coin? What else can we do? |
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A billionaire could decide to drop a million dollars on buying BBP, and lets say he buys 300 masternodes and has ultimate control, the thing is, he is still bound by the free market, if this multi-millionaire upsets investors with his decisions and the BiblePay market goes down, his million dollars just lost value, the multi-millionaire is aligned by incentives/disincentives (money) to keep and grow the value of the project, now someone could come here to waste money to sabotage us but its going to be SUPER expensive to do so Understanding the BiblePay Masternode Governance and Budget System http://wiki.biblepay.org/UnderstandingGovernance"Masternode operators are not the only ones interested in the success of BiblePay, but they are the most stable ones because, unlike miners, they can’t reuse their asset for any other purpose or coin." "One advantage of this model is it can survive early adopters. If early masternode operators sell their coins, the new owner can set up a masternode and with it acquire the right to vote on the budgets and projects. This guarantees there is a working system of maintenance as people come and go, making the network capable of sustaining itself on its own without depending on specific actors." Id rather be led by people with money on the line, people who have a lot to lose and a lot to gain, good incentives and disincentives, then to be led by people who have little or no skin in the game and little incentives/disincentives |
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