[ANN] [BARR] The Only Cryptocurrency earned 100% by Multi-Proof-of-Burn

[coinomonium]

You destroy a currency in a period of few weeks. Much people do not realize their coin will be currently destroyed, because they do not have the time to read everyday what is going on with their little investments. Weeks later they can see the shit. They realize after your action their coin is destroyed and they have lost all. That is scam.

What is your intention?

You destroy the little confidence in cryptocurrencies with such operations.

I googled BARR. No relevant hit.
Listings on Poloniex or Bittrex or other relevant exchanges? No findings.
Are there any charts or actual or historical prices and trade volumes available?

[1714064324]

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[1714064324]

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[BARR_Official]

You destroy a currency in a period of few weeks.

We don't destroy a currency.  We release BARR into circulation to people who make their personally-held altcoins unspendable.  

Much people do not realize their coin will be currently destroyed, because they do not have the time to read everyday what is going on with their little investments. Weeks later they can see the shit. They realize after your action their coin is destroyed and they have lost all.

That is incorrect, and you don't know anything about how cryptocurrencies work.  It would be impossible for us to destroy people's coins.  Please google "Bitcoin" and learn about it.  Since you are a new user here and 2 of your 3 posts have been about BARR, maybe you should start on the basics of crypto before you try to understand what we're doing with it.

[coinomonium]

I do not use that account very often, because I am not an English native speaker. That is right.

I saw cryptocurrencies are dead after your last action. Do you walk through altcoin forums and write your staff?

Are there any prices and volumes and relevant exchanges for your s(uperb) coin? I could not find any.

[jc12345]

I found BARR very helpful to liquidate a "dead" coin that I had previously.

[casper77]

so, august begins, any news ?

The BARR community is just as active as ever!  As always, we welcome and encourage any suggestions for the next coins to burn. 

is HAZLY still main account to vote ?
i see last transaction was in april

Yes, but bring your suggestions here first so we can make sure they're eligible before you vote.

i sent suggestion by PM but you don't answer

[BARR_Official]

so, august begins, any news ?

The BARR community is just as active as ever!  As always, we welcome and encourage any suggestions for the next coins to burn. 

is HAZLY still main account to vote ?
i see last transaction was in april

Yes, but bring your suggestions here first so we can make sure they're eligible before you vote.

i sent suggestion by PM but you don't answer

We're looking into it but we probably won't burn a coin we've already burned before.

[samantadegrenet]

hi dev can i burn any coin to get barr? thanks

[BARR_Official]

hi dev can i burn any coin to get barr? thanks

You can always buy BARR with NXT on the decentralized NXT Asset Exchange.

If there are any altcoins in particular that you think would be good candidates to burn, please mention them here and we can get some discussion going.

[robelneo]

We need this kind of service,I  think  they are a big help in the community I am into trading and have seen a lot of coins going from big hype to a dead coin,I won't mention names but burning this dead coin is a big help to the community ..

[casper77]

gentlemen, august is over, it's time to vote, but you don't answer my PM again

upd: i voted

[BARR_Official]

gentlemen, august is over, it's time to vote, but you don't answer my PM again

upd: i voted

OK we're checking if there's a working burn address

[BARR_Official]

Alright, we will be burning CageCoin from September 14th through September 28th. 

The burn address is:   DUUhXNEw1bNAMSKgm1Kt2tSPWdzF8952Np

We'll watch the markets and set an exchange rate by the end of next week.

[BARR_Official]

We got a question on PM that other people might like answered:

 Q:  "is their a max amount of cage that I can burn?"

A:  There is no maximum amount.  We have allocated enough BARR to burn and redeem up to the entire supply of CAGE, which is over 101 Billion coins.  This is a real coin swap, so if you're a CAGE whale and you swap to BARR, then you'll be a BARR whale.  The value of BARR you'll get will be equivalent to the value of CAGE you burn, and we're planning the exchange rate to be set at 500,000 CAGE per BARR (.00000200 BARR per CAGE).

[BARR_Official]

The burn period for Cagecoin has begun, and will end at 23:59 September 28. 

Send a private message to this account telling us how many Cagecoin you're going to burn, and include your NXT address (not an exchange deposit address).

Then send your CAGE to the burn address.  The burn address is:   DUUhXNEw1bNAMSKgm1Kt2tSPWdzF8952Np

When your transaction is confirmed, we will send you BARR at the rate of 1 BARR per 500,000 CAGE you burn, which is .00000200 BARR per CAGE.

Check the balance of the burn address at this link:
http://cagechain.info/address/DUUhXNEw1bNAMSKgm1Kt2tSPWdzF8952Np

Let's see how many CAGE we can burn!

[casper77]

Catch the first million

[BARR_Official]

Alright, we're off to a good start!  We've burned over 5 Billion CAGE, which is currently worth over $2000 by our estimates.  It's worth over $20,000 according to Coinmarketcap, but that figure might be a little inflated.

[BARR_Official]

We've passed 9 billion coins burned so far.  As a nice surprise, the Cagecoin block explorer automatically recognized the burn address and is subtracting the burned coins from the outstanding supply as we go.

[BARR_Official]

I'd like to point out Cryptopia's excellent custom Cagecoin wallet, which allows withdrawals of more than 99.9~ million.  The official wallet won't let you send more than that, and neither will Bleutrade's wallet.

[BARR_Official]

7 days left, go dig up those Cagecoin paper wallets before it's too late!

[BARR_Official]

A few hundred million more burned today, looks like we might break 10 Billion.