[XBC] BitcoinPlus Official Thread

[letsbhonest]

I'm thinking about buy 300 XBC and staking some

You will stake a fair amount at that level.

[1714104881]

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[1714104881]

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[1714104881]

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[1714104881]

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[BitcoinPlusBus]

I'm thinking about buy 300 XBC and staking some

Actively staking any of them would be greatly appreciated.Always remember to back up your wallet and save your private key(s) in a safe place.

[BitcoinPlusBus]

just noticed cex.io has the incorrect twitter link for XBC

BitcoinPlus (XBC) Information & Links

   Announcement   https://bitcointalk.org/index.php?topic=1066201.0
   Explorer 1   https://www.blockexperts.com/xbc
   Github   https://github.com/bitcoinplusorg/xbcwalletsource
   Slack Group   https://bitcoinplus.slack.com/
   Telegram Group   https://t.me/joinchat/AAAAAA7LrzLpZZmfZqsquQ
   Twitter   https://twitter[.]/BillionaireTkn
   Website   https://www.bitcoinplus.org/

 link https://www.coinexchange.io/market/XBC/BTC

Well spotted.I will contact them about it.Cheers

[BitcoinPlusBus]

2017-12-15 14:09 UTC

Difficulty
POW: 0.01442156
POS: 0.00024414
Coin Supply (XBC)
103897.46360649
470234 blocks
25 connections

Last Price
0.00573935
24hr Change
-18.00%
24hr High
0.00745435
24hr Low
0.00519861
24hr Volume:
37.87334649 BTC / 6341.65880445 XBC

[Dastashka]

Looks interesting, i will stay tuned

[ymalikov]

In this now as I see it went from 80ish to 120ish just today alone. Devs what sort of plan are we working towards?

Nothing. This is just another pump and dump bullshit!

Looking at the history, why would you say something like that?

Because he is noob who sold his at 10 cent instead of $100.

I am saying this looking at the history and maybe you should too: https://coinmarketcap.com/currencies/bitcoin-plus/

I sure am noob but I ain't touching this with a 10 foot pole.

And the final point: if I'm so wrong, how come no one answered the original question posed by UltraMegaSick?

LOL bro, what kind of answer do you want? If you think the price is predictable you must be just a noob.
The latest "pump and dump" was in june and was due to the hire of a new DEV. But there is no way of proving that anyhow.
I find it hilarious that people come here for advice on whether to buy this coin.

Take warren buffet's advice - if you don't understand it don't buy it.

I really love when I get unsubstantiated answers like these!

Did you read how i wrote "But there is no way of proving that anyhow."
all claim regarding price movements are unsubstantiated. That was my entire point. FFsake

[xenocoins]

hope everyone has a great weekend. man by just looking at market caps this xbc should be worth $2000 to 5k each , one day it will i know it

[amerrigan]

Hey guys,
Just rescued one of my old hard drives and found that I had a XBC wallet on it back from 2014 (as well as a number of other alt coins), popped it open and found a whopping 923 coins in it.

Just opened it in the new BitcoinPlus wallet client and it's showing 9.23; whats going on?

[amerrigan]

Hey guys,
Just rescued one of my old hard drives and found that I had a XBC wallet on it back from 2014 (as well as a number of other alt coins), popped it open and found a whopping 923 coins in it.

Just opened it in the new BitcoinPlus wallet client and it's showing 9.23; whats going on?

Well it looks like those 9.23 are conflicted too... meh

[BitcoinPlusBus]

Hey guys,
Just rescued one of my old hard drives and found that I had a XBC wallet on it back from 2014 (as well as a number of other alt coins), popped it open and found a whopping 923 coins in it.

Just opened it in the new BitcoinPlus wallet client and it's showing 9.23; whats going on?

If its from 2014 its no good.Thats a different coin from an abandoned project where the chasin stalled and died.People were allowed to swap their old XBC for this coin free of charge back in 2015 after the old XBC was abandoned and some community members started a new project but that is long over now.

[bitcoinplusorg]

2017-12-16 17:56 UTC

Difficulty
POW: 0.01442156
POS: 0.00024414
Coin Supply (XBC)
103926.56004045
471138 blocks
26 connections

Last Price
0.00560000
24hr Change
-2.63%
24hr High
0.00609683
24hr Low
0.00553333
24hr Volume:
8.20338124 BTC / 1402.15059327 XBC

[dissident]

New investors tend to be very price focused so when they see each coin is already $100 they might be hesitant to invest. Many of them have no concept of total market cap and will buy IOTA with a super high marketcap because the coins themselves are super cheap. If it wasn't for that I might back this one and buy $10K to $20K worth but human psychology plays against it because of the stigma of each coin being worth $100.  I know, BTC and LTC are at higher prices, but they are BTC and LTC. Nice coin otherwise. Looks suspiciously familiar.

I would suggest doing a 10 for 1 coin split, if possible, and giving all owners 10 coins for every one they hold and increasing the total supply by a factor of 10. You could even go 50 for 1 and be perfectly fine. How many altcoins have been able to make big gains with low coins supplies and high prices? The number is not high.

Where I work people won't buy into the company stock because they say the "price is too high" and they want the company to split the stock first. When I tell them that it doesn't matter what the price is, if they split the stock the number of total shares doubles anyways, their eyes seem to gloss over. Given the amount of "dumb money" investing in cryptos, you have to look at shit like this.

[cshelswell]

New investors tend to be very price focused so when they see each coin is already $100 they might be hesitant to invest. Many of them have no concept of total market cap and will buy IOTA with a super high marketcap because the coins themselves are super cheap. If it wasn't for that I might back this one and buy $10K to $20K worth but human psychology plays against it because of the stigma of each coin being worth $100.  I know, BTC and LTC are at higher prices, but they are BTC and LTC. Nice coin otherwise. Looks suspiciously familiar.

I would suggest doing a 10 for 1 coin split, if possible, and giving all owners 10 coins for every one they hold and increasing the total supply by a factor of 10. You could even go 50 for 1 and be perfectly fine. How many altcoins have been able to make big gains with low coins supplies and high prices? The number is not high.

Where I work people won't buy into the company stock because they say the "price is too high" and they want the company to split the stock first. When I tell them that it doesn't matter what the price is, if they split the stock the number of total shares doubles anyways, their eyes seem to gloss over. Given the amount of "dumb money" investing in cryptos, you have to look at shit like this.

I would have thought that to be a bad strategy. And please feel free to correct me if I'm wrong but essentially, that's printing money and kind of against the ethos of a coin that's released.

Printing money, because you can, tends to make the money worthless. I appreciate what you're say by doubling the wallets of current holders to mitigate that effect somewhat. However to a lot of people, who don't understand, if a coin has gone from $100 to $50 overnight, would you invest in it?

I do hear where you're coming from but it only really benefits holders and probably scares potential investors?

Just my thoughts, and I'm always up for being educated and like learning more. I'm no economist

[BitcoinPlusBus]

New investors tend to be very price focused so when they see each coin is already $100 they might be hesitant to invest. Many of them have no concept of total market cap and will buy IOTA with a super high marketcap because the coins themselves are super cheap. If it wasn't for that I might back this one and buy $10K to $20K worth but human psychology plays against it because of the stigma of each coin being worth $100.  I know, BTC and LTC are at higher prices, but they are BTC and LTC. Nice coin otherwise. Looks suspiciously familiar.

I would suggest doing a 10 for 1 coin split, if possible, and giving all owners 10 coins for every one they hold and increasing the total supply by a factor of 10. You could even go 50 for 1 and be perfectly fine. How many altcoins have been able to make big gains with low coins supplies and high prices? The number is not high.

Where I work people won't buy into the company stock because they say the "price is too high" and they want the company to split the stock first. When I tell them that it doesn't matter what the price is, if they split the stock the number of total shares doubles anyways, their eyes seem to gloss over. Given the amount of "dumb money" investing in cryptos, you have to look at shit like this.

We are just a cryptocurrency and not an investment.I wouldn't advise anyone to dump their pension fund and buy any coin including bitcoin or any other coin out there because the whole market is price manipulated.You have to remember we were at 10 cent at one stage so the reality is we could go 10x lower or 100x higher.I say only 10x lower because it would practically be impossible at this stage from my basic understanding of the price v cap v supply where it would be heavily bought if it went so low but I personally would not buy it at 100x higher if you understand where I am coming from.The last XBC I purchased was at .03 btc so if you factor in the bitcoin price rise v the floating XBC price I would have been better off keeping my bitcoin instead but its all a gamble with the craziness that's happening.

We won't be splitting coins after the endless hassle,abuse and headaches we suffered after the last coin swap even though we were the ones doing the favour at the time but there is a possibility we could look at decimal/digit/point places within the current index but that would have to have a large clear majority community consensus.XBC still is a very low transaction fee coin and still has 60 second block times and still has a native tor wallet that requires no setup along with p2p messaging which is really all that is practically needed for p2p payments but we are now adding segwit and CSV once we have codebase eventually hauled up to a higher spec in order to allow this.Also after BIP 65 we can look at DEX and atomic swap compatability.All this is coming to XBC in Q1 2018 so I can't see any reason for price to fall but as I said the whole bitcoin/altcoin market is absolutely manipulated without a doubt.

[BitcoinPlusBus]

New investors tend to be very price focused so when they see each coin is already $100 they might be hesitant to invest. Many of them have no concept of total market cap and will buy IOTA with a super high marketcap because the coins themselves are super cheap. If it wasn't for that I might back this one and buy $10K to $20K worth but human psychology plays against it because of the stigma of each coin being worth $100.  I know, BTC and LTC are at higher prices, but they are BTC and LTC. Nice coin otherwise. Looks suspiciously familiar.

I would suggest doing a 10 for 1 coin split, if possible, and giving all owners 10 coins for every one they hold and increasing the total supply by a factor of 10. You could even go 50 for 1 and be perfectly fine. How many altcoins have been able to make big gains with low coins supplies and high prices? The number is not high.

Where I work people won't buy into the company stock because they say the "price is too high" and they want the company to split the stock first. When I tell them that it doesn't matter what the price is, if they split the stock the number of total shares doubles anyways, their eyes seem to gloss over. Given the amount of "dumb money" investing in cryptos, you have to look at shit like this.

I would have thought that to be a bad strategy. And please feel free to correct me if I'm wrong but essentially, that's printing money and kind of against the ethos of a coin that's released.

Printing money, because you can, tends to make the money worthless. I appreciate what you're say by doubling the wallets of current holders to mitigate that effect somewhat. However to a lot of people, who don't understand, if a coin has gone from $100 to $50 overnight, would you invest in it?

I do hear where you're coming from but it only really benefits holders and probably scares potential investors?

Just my thoughts, and I'm always up for being educated and like learning more. I'm no economist

We cannot change the PoS structure or eventual total supply which is still being mined into existence through PoS without community consensus.During the last voting round I proposed PoW rewards to be split 50/50 when we had the PoW stage running but it was voted down for example.Some of us even suggested a lower 5% PoS reward for miners/stakers but this was also voted down by the community.Other stuff like eliminating the 100% anon wallet in favour of giving users a choice to use standard p2p connections because not everybody can use tor or it can be too slow to grab a connection was voted for because it was a practical utility that allowed better function for those users.Yet if it was voted against we would still be forced to use a tor only client.The only way the developers can over rule community consensus is in an emergency to prevent the chain stalling or if we are being attacked but even at that any major change to codebase etc would require community consensus.We have absolutely no control over how you spend or stake your coins.The blockchain is the highway.It's as close to democracy as we can get at the moment but we can look at better ways for the voting process to be even fairer and reliable once we have the technology available to ensure it works.

[BitcoinPlusBus]

2017-12-17 10:15 UTC

Difficulty
POW: 0.01442156
POS: 0.00027602
Coin Supply (XBC)
103948.79236667
471640 blocks
25 connections

Last Price
0.00585000
24hr Change
-2.73%
24hr High
0.00607861
24hr Low
0.00553333
24hr Volume:
8.63753795 BTC / 1494.21417057 XBC

[dissident]

New investors tend to be very price focused so when they see each coin is already $100 they might be hesitant to invest. Many of them have no concept of total market cap and will buy IOTA with a super high marketcap because the coins themselves are super cheap. If it wasn't for that I might back this one and buy $10K to $20K worth but human psychology plays against it because of the stigma of each coin being worth $100.  I know, BTC and LTC are at higher prices, but they are BTC and LTC. Nice coin otherwise. Looks suspiciously familiar.

I would suggest doing a 10 for 1 coin split, if possible, and giving all owners 10 coins for every one they hold and increasing the total supply by a factor of 10. You could even go 50 for 1 and be perfectly fine. How many altcoins have been able to make big gains with low coins supplies and high prices? The number is not high.

Where I work people won't buy into the company stock because they say the "price is too high" and they want the company to split the stock first. When I tell them that it doesn't matter what the price is, if they split the stock the number of total shares doubles anyways, their eyes seem to gloss over. Given the amount of "dumb money" investing in cryptos, you have to look at shit like this.

I would have thought that to be a bad strategy. And please feel free to correct me if I'm wrong but essentially, that's printing money and kind of against the ethos of a coin that's released.

Printing money, because you can, tends to make the money worthless. I appreciate what you're say by doubling the wallets of current holders to mitigate that effect somewhat. However to a lot of people, who don't understand, if a coin has gone from $100 to $50 overnight, would you invest in it?

I do hear where you're coming from but it only really benefits holders and probably scares potential investors?

Just my thoughts, and I'm always up for being educated and like learning more. I'm no economist

It's not printing money. It changes nothing. You do a 10 for 1 stock split, the number of shares goes up by 10x while the price goes down to 1/10 the original price.  Stock that was trading at 100 dollars does a 10 for 1 split.. stock is now trading at 10 bucks. In the case of bitcoinplus, if you forked the coin in such a way to increase the supply by 50 fold, each coin would be worth 2 dollars instead of 100 dollars. You have more supply, the price is adjusted to compensate, and the marketcap remains the same. Nothing changes except the price per coin and the coin supply. I don't know how practical and easy that would be to accomplish, however. You'd simply give out 49 for each coin that exists in any given address and let the market decide the new value based on bids and asks on the exchange.  As long as everyone who already has coins gets their proper number post split, nothing much changes. In fact stocks that announce splits often go up in price after the announcement, because the sheep like the fact the stock will now be more "affordable" for them.

You are much more likely to attract investors with a 2 dollar coin, if you care about being part of the profit mongering that's going on in the space.    I can respect the fact you have a community vote to make decisions like this. Again it's up to you, but I'm here for one reason.. TO MAKE MONEY.. and I pick my altcoins based on that premise alone.. well not entirely.. I actually do look at the tech which is why PASC and XBY hit my radar screen. Anything that is just another smart contract clone coin with something unique about the blockchain that other chains don't have perks me up.

[BitcoinPlusBus]

@dissident ...XBC should be naturally diluted once we reach the projected 1m coin total supply however with coins rising at these levels it could very well hold this price or rise even after total supply is there because nobody knows the future or where we would be at development/adoption wise by then.Then the 10x in a roundabout way will naturally have occured through the PoS mining cycle.It will just be a number of years before this occurs and the last XBC is mined.Only approximately 1/10th of our estimated total supply is mined/staked into existence right now.

[BitcoinPlusBus]

2017-12-18 11:19 UTC

Difficulty
POW: 0.01442156
POS: 0.00024414
Coin Supply (XBC)
103976.71729436
472426 blocks
26 connections

Last Price
0.00619997
24hr Change
+4.20%
24hr High
0.00632980
24hr Low
0.00560000
24hr Volume:
9.47105317 BTC / 1557.58827466 XBC

[zzzpersonzzz]

I recently purchased around 50 XBC. I downloaded the bitcoinplus wallet from the official website and deposited my coins into the wallet. I have left them in the wallet for over 60 hours and they are still in the "spendable" stage but have not yet entered into the "stake" stage. My Wallet is not encrypted. I have received over 1600 trade confirmations.

When will they be staked so that I can be part of the PoS and receive coins as time progresses for my share of the Proof of Stake?

Thanks.