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Due to the crash in the markets of CEX.IO we have decided to shut down the coin and give full refunds to IPO members.
Sorry for the inconvenience,
Bitore Team.
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why you are using the BTC logo in your thread so many!?
Hi coolmyrig, Bitore is backed by CEX.IO which specialises in the mining of Bitcoins. As mentioned in our original post, Bitore's price is determined by CEX.IO miners. Thus, we have chosen modified the BTC logo to illustrate our purpose in this industry of Bitcoin mining. Thanks, Bitore-Support Can CEX.io come here to prove your claim? +1 Hello SirEGB and melfrecords, As mentioned in above replies, we are only harnessing Cex.io's mining function as a way to add value to our coin. We are in no way legally or privately connected to their company. Thank you for showing interest, Bitore Development Team
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Due to a low number of IPO holders we are delaying the launch of the coin till the end of the week.
Thank you for your co-operation.
Bitore Development Team
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After careful deliberation with the Development team, we have ultimately concluded that we will be using the X11 Algorithm. We understand that there is currently an overflow of X11 coins, however it is backed by a huge community of altcoins, which may prevent us from undesired security flaws and bugs.
Thank you for your co-operation,
Bitore Development Team
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Premine: 95% shit chinese coin
Hello tracemoon, It would be preferred if you could read through all of the thread before you come to conclusions. Bit Ore is a non-profit coin with all funds going straight to Cex.io to support the coin. None of the Premine or IPO funds are going to the Devs as a reward/payment for building or supporting the coin. Thank you for your co-operation, Bitore Development Team
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You spelled introduction wrong in your heading image.
Hello SecondsOld, Thank you for informing us of our mistake. We have fixed the image already. Cheers, Bitore Development Team
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Due to a low supply of total coins we have changed Bitore to a proof of work coin. An official P2Pool will be launched upon release of the coin. Unfortunately, we will not be listing third party pools to our thread or our website.
Total of 50 PoW coins Block Reward: 1 μBTO (0.000001 BTO) Block Time: 1 minute (60 seconds)
Note: These specifications may change prior to launch.
Thank your for your co-operation,
Bitore Development Team
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Bitore is a unique currency which is supported by the world-renowned cloud-mining service, CEX.IO. The price of Bitore fluctuates depending on the value of gh/s per bitore. Bitore will feature an IPO where all funds will go directly towards CEX.IO and all mined funds will be reinvested back into purchasing more gh/s from CEX.IO. Why do we do this, you may ask. Well, we invest into CEX.IO to prevent Bitore from reaching the all-common zero value. This routine has hit hundreds of other altcoins which exist in the world and we, as developers of Bitore have devised this excellent idea.
Bitore is forged by the X11 algorithm rendering it ASIC resistant and ensuring that all owners receive a high level of security. Although it is overused and old, the X11 algorithm is backed by a huge community of altcoins allowing us to be up to date with security patches and bugs. Bitore is solely being constructed for the benefit of the Bitore community and thus, meaning that Bitore will be a non-profit coin for us, the developers. The amount of funds generated by CEX.IO will be visible on our website, showing a genuine use of the input you, the community, has contributed. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FkWbF8BC.png&t=665&c=Mm8O6ARrcOqEAA) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F16CD7Rn.png&t=665&c=92GwEcJTukpZSg) 100% of the IPO of Bitore will be spent only on CEX.IO miners. If you choose to invest and participate in Bitore's IPO, this would increase the price of Bitore and you, as the investor will receive an annual profit of 15% or more. As mentioned before, the main reason why we have chosen to introduce an IPO is to keep the price stable in relation to CEX.IO. We promise you that we will invest all earnings into CEX.IO with none going into our pockets. Premine: 95%IPO/ICO: 100%Confirmations: 6Coin Name: BitoreAbbreviation: BTOBlock Time: 1 MinuteTotal Coins: 100,000,000 BTOBlock Reward: 4 BTORelease Date: 1st August 2014Current Price: 100Gh/s per BTOAlgorithm: X11 Proof of WorkDifficulty Retarget: Every 2 blocksMinimum Transaction Fee: 0.0001 BTO] ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F97tMc3K.png&t=665&c=0LucrzNBWdjbXw) 1. Launch Wallets2. Set Up Website3. Get into Exchanges ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FOtiIil1.png&t=665&c=sIyLvD9Ikp1hbQ) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FvY6p6wy.png&t=665&c=KF0tPHP7_cvVwA) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FzGj73nS.png&t=665&c=k_lgzWcM8bpmzw) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FVt1Wd5t.png&t=665&c=hEqEHsuq_WXSxw) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F98oyPE8.png&t=665&c=5Je2lzo_tjMfgw) Coming Soon ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FHhsNQ4j.png&t=665&c=lAmPTEOXX8LrXQ) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FOtiIil1.png&t=665&c=sIyLvD9Ikp1hbQ) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FLreZtkZ.png&t=665&c=6jVZbnK9fStexQ) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FVcBHw2n.png&t=665&c=C3LAixIUXl9VfQ) Current Price: 1~ Gh/S | 0.0046~ BTC | 1,000 BTOMinimum IPO order: 0.1~ Gh/S | 0.00046~ BTC | 100 BTOIn order to participate in Bitore's IPO, please send us a private message with the amount of Bitcoins you wish to invest and your bitcoin address. A member of our team will reply with a unique bitcoin address for your payment. Please understand that the price of Bitore may change more than your liking before we can reply to your message. Refunds can be requested if needed, Escrow is also available if needed.Bitore not sold in the first stage of the IPO will be listed on exchanges for the same or 5%+ price (not dumped).IPO Participants
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