Belacoin - Supercharging entrepreneurship with the power of the blockchain

[logictense]

I remember I posted this somewhere. No news, u ran out of available to ur financing and so u tap funds from facucets to pay angels and incautious investors. Keep going.

[lucasan123]

I remember I posted this somewhere. No news, u ran out of available to ur financing and so u tap funds from facucets to pay angels and incautious investors. Keep going.

understood

[The Ambia Fund]

On December 22nd, we will launch the Belacoin Invest Initiative. It's going to be awesome. Find the countdown timer and a little more information at http://Belacoin.org/invest.

[sulfurtank]

On December 22nd, we will launch the Belacoin Invest Initiative. It's going to be awesome. Find the countdown timer and a little more information at http://Belacoin.org/invest.

There either is an initiative or is not. U can't launch an initiative. This is a proposal to collect the trust from headless pennystockers. Whether they will show an inclination to join in on ur campaign, this is to be determined.

[Fidel007]

so notsofast, dum and Trevon are your "entrepreneurs".....

interesting...

[The Ambia Fund]

@Fidel007, Actually, Dum, Notsofast, and Trevon are on the Board of Advisors for Belacoin. They draw from different areas of experience to offer guidance on pressing issues, whenever they may arise. Tune in on December 22nd to learn the full details of the Belacoin Invest Initiative!

[Fidel007]

@Fidel007, Actually, Dum, Notsofast, and Trevon are on the Board of Advisors for Belacoin. They draw from different areas of experience to offer guidance on pressing issues, whenever they may arise. Tune in on December 22nd to learn the full details of the Belacoin Invest Initiative!

shouldn't Trevon go advise on some weed coin instead of some chesscoin?

I mean, he's always getting fucking high on camera on youtube.

[The Ambia Fund]

It sounds like you don't have full information surrounding Belacoin's latest developments. We can provide some resources for learning more about the project:

Website: http://Belacoin.org
Twitter: https://twitter.com/BelaCoin
Slack: http://Belacoin.herokuapp.com
Investment Profile: http://www.ambiafund.com/team/belacoin/
Press Release: http://ambiafund.com/Upload/BellacoinPressReleaseI.pdf
Belacam: http://www.ambiafund.com/Upload/Belacam.pdf
Thunderclap: https://www.thunderclap.it/projects/51049-belacoin-is-back

[Fidel007]

It sounds like you don't have full information surrounding Belacoin's latest developments. We can provide some resources for learning more about the project:

Website: http://Belacoin.org
Twitter: https://twitter.com/BelaCoin
Slack: http://Belacoin.herokuapp.com
Investment Profile: http://www.ambiafund.com/team/belacoin/
Press Release: http://ambiafund.com/Upload/BellacoinPressReleaseI.pdf
Belacam: http://www.ambiafund.com/Upload/Belacam.pdf
Thunderclap: https://www.thunderclap.it/projects/51049-belacoin-is-back

.

just saying that some twat off his fucking face on youtube is not the best ting for your serious project but hey....that's just me.

[zahidpervez]

who will be these three entrepreneurs ?will they bring new tech to belacoin or finance ?

[ricket]

What is your long-term target for the price of belacoin? You can't just say "to the moon" or give massive values to the coins if a single like is equivalent to one belacoin. How much does each of these likes really matter or should they be valued at? I'm having a hard time understanding how the consistency (or lack thereof) between the products might be managed in a larger ecosystem.

[Fidel007]

What is your long-term target for the price of belacoin? You can't just say "to the moon" or give massive values to the coins if a single like is equivalent to one belacoin. How much does each of these likes really matter or should they be valued at? I'm having a hard time understanding how the consistency (or lack thereof) between the products might be managed in a larger ecosystem.

MOON
That's all you need to know.
Now STFU and go buy some BELA.

[zahidpervez]

What is your long-term target for the price of belacoin? You can't just say "to the moon" or give massive values to the coins if a single like is equivalent to one belacoin. How much does each of these likes really matter or should they be valued at? I'm having a hard time understanding how the consistency (or lack thereof) between the products might be managed in a larger ecosystem.

it would be great if one like give them 10 to 20 cents atleast ,, and priced can't be set at one value..they just have to earn the likes and cash it out on exchanges ,whatever value is in offer

[Coinswatch]

400K Marketcap  
 
Bela coin going to smash pass 1M this month

[The Ambia Fund]

What is your long-term target for the price of belacoin? You can't just say "to the moon" or give massive values to the coins if a single like is equivalent to one belacoin. How much does each of these likes really matter or should they be valued at? I'm having a hard time understanding how the consistency (or lack thereof) between the products might be managed in a larger ecosystem.

Predicting the price is more difficult than predicting something like the market cap. The market cap helps us get an overall measurement on the total value of Belacoin, and by looking at the success of Steem (Belacoin's competitor once we roll out Belacam), we can make assumptions and predictions a little better.

Take a look at our Belacam pdf and scroll to the financials section on page 15: http://www.ambiafund.com/Upload/Belacam.pdf

Our Best-Case Financial Projections
For example, here are two of the three financial models that you can find in the pdf. They make the assumption that Belacam will be received in a similar manner to Steemit. 
The current price is .00001850 and the current market cap is $415,000

1) Steemit’s market cap increased 158x over 4 months. If Belacoin followed the same increase ratio, we would see a market cap above $20 million. Price: .00090000 or higher

2) Steemit had 13,700 active users and a peak market cap of $412 million. Steem was valued at $30,073 per active user. If Belacam gets 10,000 active users and follows the same price per active user, we reach a $300 million market cap. Price: .0135000


We recognize that these financial projections are quite lofty and would require excellent execution to reach. There is no doubt that we have done an excellent job in bringing new progress, ideas, and minds to Belacoin, and we will continue to innovate in the same way in to the future. What does bring us hope, however, is that even Belacoin does not exactly follow these financial projections, they do show Belacoin has a long way to go up.

[kaicrypzen]

We can all agree that it is big news when we are able to deliver a working wallet to a coin that did not previously have one

Yes we can, but this wasn't the case. Once nodes were added, the wallet synced and sending/receiving was possible. For me, these are the main functions of a wallet and they were okay, so the wallet was working. Anyway, your work is appreciated .

or when we give out $500 for people to simply click a retweet button. The thunderclap campaign should help us reach well over 100,000 people, shouting out that even better times are ahead for Belacoin.

These are not what I would personally qualify as big ... Yes it will offer more visibility, the effect might be big but the news aren't (in my opinion). These are indeed good initiatives, I just don't agree with calling them massive and major.

And we haven't even begun to talk about our big December surprise.

Now that you have unveiled a bit about it, let's see what comes after.

[ricket]

Steem's MCap has been falling since that run up, though. One could say this is due to the market finding lower value in the what they provide. Without innovations, you'd be splitting that portion with them at a rate that's probably 1:10 at best with equal tech. Unless there's a substantial and tactile improvement over the Steemit system, one may expect parity would only be reached if Bela was in a separate market (making comparison less meaningful).

So let's say Bela accrues 10% of Steemit's marketcap (currently ~$44m, so let's say Bela gets $4m) over the course of a few months. Obviously this is a considerable amount of increase in value and inflow of money but what are the plans for the coin if it doesn't even get close to this? What's the plan if it sits at $1m or less over that same period?

To lay your business plans down on the assumption that the coin's going to just rocket in value is a bit strenuous at best. Just wondering if and what the more realistic motions forward are (or at least the next-worst-cases). There's also the possibility of hostile attacks a la Ethereum; how you intend to handle such a case will be of critical importance.

Also, the investor information is rather lacking. You have found the iceberg and mapped a tip with the pdf, but sophisticated investors looking through the information are going to very, very quickly be turned away if the only thing is a pdf that uses projections of moon-hood. Any coin "could" moon, and while I understand the idea of increasing the value through providing a product and tying it to the coin, the details of this are also extremely unclear.

Any money manager worth his salt is going to turn away from this vague treatment of the value of the stuff they're actually paying for and a lot of questions come to mind quickly: Are these coins meant to be a form of stock in this Belacam project? Is the Ambia Fund independent of the other coinholders, and just a group of people who bought up the coin while it was cheap and are seeking to profit on the management and revitalization? What is their role in all of this and what is the relationship/interaction between them (and other independent groups that want to do the same thing with Bela, or another competitor)?

Hopefully this elucidates some of the concerns.

[The Ambia Fund]

We believe that it would be inaccurate to say that the market for Belacam would be smaller than Steemit. Steemit is often compared to Reddit, and Belacam is similar to Instagram. Reddit (valuation $4 billion) is approximately 10.8% the size of Instagram (valuation $37 billion). We are taking the basic idea of Steemit and applying it to a market that is 9.25 times larger. Consider that we are shooting for the moon with our valuations, and we hope that if we miss the target, we still land somewhere among the stars with a valuation in the tens of millions of dollars. We're putting in the work that would be necessary to reach such a target.

To make Belacoin more valuable, it is clear that it needs more uses. We are attracting independent entrepreneurs to use Belacoin as their blockchain of choice when building their small business. This is being accomplished through the Belacoin Invest Initiative (BII) that we will fully reveal on December 22nd: http://Belacoin.org/invest.

Belacoin is not stock in Belacam; we've fully detailed this in earlier posts on this thread, but Belacam is a private and independent organization from Belacoin. In the same way that Bitcoin is not stock in Coinbase but rather Coinbase enables Bitcoin, so does Belacam to Belacoin.

Also, as explained in previous posts, the way that we aim to make money is through a successful exit from Belacam. If we build up Belacam well, we can make money by selling Belacam to other investors or entrepreneurs. Similarly, an IPO is a distant but not discountable possibility. Likewise, Belacam could be bought through an acquisition from some large tech player like Facebook or Google. Acquisitions are a common way for founders to receive their exit paycheck, and the project continues on with nearly unlimited funding and even better talent. If Belacam gets acquired by a top 100 firm, it is likely that their expertise and work would play a significant role in preventing Belacoin from falling into a dying, declining phase. Browse through https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Alphabet to see some of the acquisitions and the numbers that they fetch.

The value of Belacam is of course linked to the value of Belacoin, to an extent. The Steemit founders would likely have been able to sell Steemit for a lot more when the Steem market cap was at its peak rather than now. If we ever act in a way that tears Belacoin down, Belacam gets torn down with it. This would be extremely irrational since a successful acquisition of Belacam could easily net millions of dollars for the Ambia Fund.

We draw from our own experience in venture capital and entrepreneurship to know what it takes for a business to receive VC funding and reach an exit opportunity.

[sulfurtank]

What is your long-term target for the price of belacoin? You can't just say "to the moon" or give massive values to the coins if a single like is equivalent to one belacoin. How much does each of these likes really matter or should they be valued at? I'm having a hard time understanding how the consistency (or lack thereof) between the products might be managed in a larger ecosystem.

MOON
That's all you need to know.
Now STFU and go buy some BELA.

I think u all remember steem which was a torture to the weak mindset of urs. U couldn't give up asking people on tradingview if it's the right time to close ur positions from 0.006 when steem plummeted to 15K. Much much much much dumping. Everyone will sure be buying BELA. Hell of a ton of fucking containers with BELA. Lol.

[desasdesus]

addnode done, but
wallet out of ....sync
"Host srv.bellacoin.com not found"
how to fix?