I notice that KOBO value is dropping and that there is no volume anymore??

New Windows, Mac and Linux wallets have been built and are currently being tested, nodes will be updated. The wallets and the new source will be out over the weekend and this is a mandatory update so please stay tuned to make sure you get all the info you need for the update.

There will be a hard fork on block 70,000 which is roughly six days away. Further announcement and new wallet links will be posted soon on the OP. Make sure you stay up to date.

As there is minimal community input we have decided to end the PoW at block 100,000 which will be 3,500,000 BITZ. With the 10% PoS the BITZ supply will be as below (roughly):

Year   Year Interest   Total Interest   Balance
1   350,000.00   350,000.00   3,850,000.00
2   385,000.00   735,000.00   4,235,000.00
3   423,500.00   1,158,500.00   4,658,500.00
4   465,850.00   1,624,350.00   5,124,350.00
5   512,435.00   2,136,785.00   5,636,785.00
6   563,678.50   2,700,463.50   6,200,463.50
7   620,046.35   3,320,509.85   6,820,509.85
8   682,050.99   4,002,560.84   7,502,560.84
9   750,256.08   4,752,816.92   8,252,816.92
10   825,281.69   5,578,098.61   9,078,098.61



I believe this will  benefit everyone that have followed us so far. BITZ will be a bit rarer than first imagined but hey....

There will be new wallets released and BITZ will be on C-Cex and then we will start work on adoption which is what really matters. If you buy in to cryptos because of fancy graphics then thats your business but I am more concerned right now with getting the infrastructure working properly. As I have explained before, wait for new wallet releases and the end of PoW and then Android.

Obviously if nobody will invest although there are bag-holders then fine, I''l pay to get it running properly but on my terms only.

So, it seems to me that we have 40 something miners at Suprnova and 50-70 addresses holding some amount of BITZ and only 13 free votes on C-Cex and nobody has any interest in supporting the project by buying into it for the long term. So, what do all the bag-holders want? Just dump? What exchange would you like the dump to be at?

Whats the point of 0 reward PoW?

New wallets will be released in two weeks time between 28/03 to 29/03
This is to address an issue with the PoW phase and the new release will stop
the PoW phase at block 500,000. In the meantime just mine or stake and I
anticipate that we will be on C-Cex shortly.

Just a quick update, we are working to improve the code and will be releasing new wallets soon

I cant get any payout from Amhash:

#946   2015-03-06 17:41:22   Payout delay
#1628   0.055800000   2015-03-01 11:11:26   PendingI have a withdrawal pending for 5 days??


Pending

I tried to withdraw almost 2 weeks ago and submitted a ticket but nothing???

Does anyone else get this with the PoS??

Status: conflicted, broadcast through 5 nodes
Date: 13/03/2015 20:29
Source: Generated
Debit: 0.00 BITZ
Net amount: -1711.80333732 BITZ
Transaction ID: 6dc71ade402c4419ea11025938daee51e1ce7c79978b022ba210c19ff995fa0f

I get "conflicted" transactions

Yeah, that would help, so you can vote at C-cex etc. so please do vote

Its been 72 hours and still no withdrawals, this is going toward scam, beta or no beta. How can they just sit on Bitcoins and not process payments?? I would have been able to do it myself manually during this time. SCAM...?

Update >> Firstly, I have not abandoned the project. We are currently changing the source and implementing a stop to the PoW phase at block 500,000. This will mean a more limited money supply than first imagined. This will make BITZ more sought after and more valuable when the market penetration is increased. I believe that it is important to get the new wallets out and get a stable chain before pushing further into the market. Once the new Windows-qt and the Mac-qt, there will also be a Linux wallet with the new code and if all goes well an Android wallet. We have set up a Weibo account that will mirror the Twitter feed and a new website is in the making that will be available in English, Chinese, Spanish, Portuguese, Russian and Greek. This is done to target markets in Asia, South-America and Russia. Once this has been completed the next step is getting merchant to accept BITZ. I am planning to set up a not-for-profit company based in London, UK that will have the sole purpose of promoting BITZ and use BITZ for its business needs. I do not have a clear date for when this will be achieved but we will take it step by step. We are currently two people working on this and we are liaising with a Chinese speaker and a Russian speaking to promote BITZ into these markets.

Any further development of the wallet and the protocol will after the above has been achieved. I do not see the need to rush this project just to get it listed and for people to dump now. I know that the market cap is low but I don't worry about that. There are bag holders with 1 mill. plus BITZ that will dump and I will aim to buy as much as I can and use it to further the project.

This is a long term thing and I am not seeking to just pump the price and sell out.

If this all seems a bit slow, I will try to update with the progress every few days. The next thing that will happen is the release of the new wallets in the next few days.

Well, there are only a few thousands BITZ for sale out of more than 1 million now so people are holding....

I saw that and I don't know why either, it will be worth a lot more soon

I certainly do not have the biggest stake in this coin myself, I don't know who but someone is sitting on a lot of BITZ and will probably dump the lot at some point when it's listed at the bigger exchanges. At the moment nobody seems to be selling much.

I signed up for a beta account with Mintsy.co and made a deposit of 0.25 BTC to buy a contract to try out. All was well and my deposit was credited. Then it turned out that you can not buy contracts with your BTC balance but you are asked to deposit to another BTC address. So, I wanted to withdraw my 0.25 BTC and it was marked as pending:



I thought maybe I had to wait a few minutes but more than 24 hours later the withdrawal is still pending. I contacted support and they stated:

"I do apologize for the delay, currently during beta testing withdrawals are done manually. We will be processing withdrawals throughout today and tomorrow. Thank you for your patience."

This has not happened, so be careful with Mintsy.co and do not use this service.

Thank you, I have update the OP 

I note that there is only around 32,665 BITZ for sale of a total supply of around 1,029,420 BITZ. I guess there is a mighty dump coming when it gets listed on C-Cex and Bittrex.

BITZ is listed on Coinmarketcap - http://coinmarketcap.com/currencies/bitz/