Belacoin - Supercharging entrepreneurship with the power of the blockchain

[elandrew]

Hey community! What are your thoughts on the price of this coin in the future? Let's say end 2017....? I'm really curious about what you all think!!

3$

Based on...? I feel that Bela is lagging behind a bit with the latest Altcoin surges...?

The price will depend on the developers, the rest is just guesswork...

[1713434930]

1713434930

[1713434930]

1713434930

[1713434930]

1713434930

[The Ambia Fund]

Finally in for the night and have enough time to write an update on the weekend. On Friday, we flew in two developers who have been working remotely for us, and they just left earlier today. We've finished the update for the Windows wallet, and the Mac wallet update should be finishing up tomorrow. These updates are crucial to making sure your coins stay secure through a hard fork. It also sets the stage for some much larger wallet upgrades / updates that will be coming soon.

Without going into much detail, we've had multiple meetings this weekend are helping to position The Ambia Fund and Belacam in a great spot when we begin to focus on scaling things up over the next few months. We've done extra work to get Belacoin listed on new exchanges, and we made some great connections as well. This week, we'll be picking up a new accountant to help handle things like taxes, alleviating some of the work that has bogged down the executive team.

We're looking into sending some representatives of Belacam to a couple blockchain conferences this summer. The Blockchains + Digital Currencies conference in New York City on June 13th is one that we are considering, although I'm not sure if we'll be able to attend since it's only 8 days out. We are looking at making a mark at the Blockchain Conference in Washington DC on July 28th (https://www.blockchaindc.com/). There, we would love to promote Belacam Gamma and make some great connections for both Belacam and Belacoin.


Also, we've got a new tagging system set up on Belacam Gamma. The Trending tags system is being developed, and we believe that this will bring new excitement to Belacam. One Poloniex-traded altcoin team has reached out to us about running charity and philanthropy promotions through Belacam, and this trending hashtag system will allow them to do that. For example, Apple is currently sponsoring the hashtag #WWDC2017 on Twitter to promote their Worldwide Developers Conference. With Belacam Gamma, we'll be able to do the same thing, just with money involved 

[aoluain]

Thanks for the updates, some good positive news
I assume the wallet update will be ready for download soon?

Re: slack, i dont like it purely because of the number of micro
Comments. I became interested in belacam/belacoin because
Of this thread. I think its important to keep this thread active
And updated to attract more involvement in the project.

[The Ambia Fund]

Yes, we will have updates for the wallets very soon. We do post our large updates here, although conversations about our updates and news (as well as daily updates and smaller pieces of news) are all handled in the Slack. 

[aoluain]

Yes, we will have updates for the wallets very soon. We do post our large updates here, although conversations about our updates and news (as well as daily updates and smaller pieces of news) are all handled in the Slack. 

great thanks for coming back to my post.
yes I understand that Slack is better for "conversational" posts
thats probably why I dont go there that often 

[btcdiggingmaster]

Yes, we will have updates for the wallets very soon. We do post our large updates here, although conversations about our updates and news (as well as daily updates and smaller pieces of news) are all handled in the Slack. 

We keep checking the updates of Belacoin because we are really excited about it because still, Belacoin is a bubble once it starts exploring then we can reach lot more heights may be in the form community are in the form of price.

[Zeehenk]

Really excited about the DGW update & the BelaCam Gamma testing. Belacoin is a coin that is still slumbering. Price is much lower than it should be right now. Can't believe people havn't picked up on this project yet, but just a matter of time untill the whales bite and take us all for an amazing ride. 5x price increase would not be unrealistic! Keep up the good work Ambia and keep us updated!

[bithero]

I believe everything is in line right now for BELA to shoot up.. it just needs the Belacam gamma to be release and perhaps Bittrex to accept.
https://www.tradingview.com/chart/BELABTC/lsol2rix-Beautiful-Bela/

[digiguy]

I believe everything is in line right now for BELA to shoot up.. it just needs the Belacam gamma to be release and perhaps Bittrex to accept.
https://www.tradingview.com/chart/BELABTC/lsol2rix-Beautiful-Bela/

yep all we have to do is be patient 

[Zeehenk]

I believe everything is in line right now for BELA to shoot up.. it just needs the Belacam gamma to be release and perhaps Bittrex to accept.
https://www.tradingview.com/chart/BELABTC/lsol2rix-Beautiful-Bela/

Yep! And there is word on the SLACK channel about the new wallet.... Will be an official announcement pretty soon, I guess.

[RhinoTrader]

Really excited about the DGW update & the BelaCam Gamma testing. Belacoin is a coin that is still slumbering. Price is much lower than it should be right now. Can't believe people havn't picked up on this project yet, but just a matter of time untill the whales bite and take us all for an amazing ride. 5x price increase would not be unrealistic! Keep up the good work Ambia and keep us updated!

I share the same feelings, but it is not hard to get excited about a project you really like.

That said Bela has some great scope 

I think Bela has a lot of surprises in store - when mobile apps come into the picture, it is not too hard to see the coin get a high valuation. Look at instagram, snapped up by google.

If this is a hit it could very well be taken over by some other huge  company
 
They actually have a product with potential for a mass usage rather than just tokens for bullshit purposes like "super computing " project etc (cue in some coin starting with E...lol)

Already Im hearing of it from people who dont know shit about blockchain.

Future is bright for all the bela-ballers 

[RhinoTrader]

I mean its hard to not get excited about this - instagram has a freaking 37 billion valuation. Even if Bela takes 1% of instagram's share and valuation that would be a fucking awesome moon lol

And among other alts I dont see anything being close to competing with Belacam.

The nearest one is LBRY but that is more oriented towards laptop/PC while Bela has mobile users in its sight


Lets goooo!!

[p1erce]

Bela big news very soon. We are going to first 100 mil mc.

[aoluain]

I'm just waiting for news about the expected updates,

the new Belacam site and Dark gravity Wave

It seems to me the Belacam test site is kind of gone of the boil...

[Zeehenk]

I'm just waiting for news about the expected updates,

the new Belacam site and Dark gravity Wave

It seems to me the Belacam test site is kind of gone of the boil...

[SNIP]

In the Belacoin SLACK they told us that they are working hard on BelaCam, but BelaCoin needs attention too. There will be a wallet update because of the DGW update. If you don't update you will lose your coins. Hence their attention to this aspect. They will come with an announcement pretty soon, I guess. I'm expecting about Belacam GAMMA as well...

Edit: Oh, and they hired a new employee to work on the backend of Belacam. Guess that would speed things up a bit

[The Ambia Fund]

It's finally here, we're integrating Dark Gravity Wave at block 715,000. You can track the block countdown at http://BelaDGW.com. If you have a desktop wallet, there is a mandatory update that you will have to get (more info at the end of this post).


What is Dark Gravity Wave?
A new and improved mining difficulty regulator

Dark Gravity Wave is an open-source cryptocurrency mining difficulty regulator created by Evan Duffield, one of the lead developers of Dash. It was created for the purpose of defending against time warp exploits, although its benefits reach beyond just that.

Whereas Kimoto Gravity Well (Belacoin's current difficulty regulator) only considers the difficulty during the previous block, Dark Gravity Wave uses moving averages to determine the best change to the mining difficulty. DGW retargets every block to act quickly against large fluctuations in mining power, and it does so in a controlled manner.


What are the benefits?
Regular block times and a more secure blockchain

Security: Dark Gravity Wave protects from the time warp exploit. This allows someone to mine a string of blocks and force his blocks over everyone else’s. Dark Gravity Wave was created with the purpose of preventing this from happening.

Faster Transactions: This is where most Belacoin community members will realize the benefits of Dark Gravity Wave. Belacoin transactions will take around 2-minutes to be processed whereas under the current situation, it sometimes takes 12 - 36 hours. Exchanges can also lower the amount of confirmations that they require for deposits since there will be no more time warp exploits.

More Miners: Some miners quit mining Belacoin since their blocks were being orphaned, causing them to lose their mining rewards. Bringing more miners to the blockchain makes it more secure, faster, and reliable for everyone.

Controlled Difficulty: Dark Gravity Wave uses moving averages to determine the difficulty of the next block. This protects it from malicious spikes in net hash rate that then jump off the blockchain, meaning we can continue mining easily and at regular intervals through those events.


How will my coins stay safe through the hard fork?
Updating your wallet or keeping them on an exchange / web wallet

If you have a desktop wallet, you will need to update your wallet to our latest release, v1.1.0.0. You can find instructions on how to do this here: https://github.com/TheAmbiaFund/Belacoin/releases

Another option is to send and keep your Belacoin on an exchange or web wallet that you trust. Your exchange will have to update their wallet system, and in doing so, all Belaccoin kept on their exchange will transition over to the new blockchain. We are coordinating with the exchanges on this.

[RhinoTrader]

So Is this coin in any other exchange than POloniex?

Please list on bittrex


Poloniex is shit, half the people have switched over to another exchange after the recent debacle

And the UI and experience sucks ass, also is so fucking slow

[Periodik]

So Is this coin in any other exchange than POloniex?

Please list on bittrex


Poloniex is shit, half the people have switched over to another exchange after the recent debacle

And the UI and experience sucks ass, also is so fucking slow

I still love Poloniex. As I was told before by a whale, that I should only say Bittrex and some other trading sites better than Poloniex if I see them working flawlessly with 35,000 people online at the same time. Nonetheless I already scattered some of my coins as an alternative.

[aoluain]

So Is this coin in any other exchange than POloniex?

Please list on bittrex


Poloniex is shit, half the people have switched over to another exchange after the recent debacle

And the UI and experience sucks ass, also is so fucking slow

+1 I have removed all of my currencies from poloniex Over to bittrex

Great to see some progress on the dark gravity wave implementation
Also I will be updating my desktop wallet.

Good news 

[The Ambia Fund]

We will reach out to Bittrex more after the hard fork. Adding a new exchange sometime in the next 10 days is difficult since they would need to update their wallets already to accommodate the DGW integration. It's easier for them to add us after we get through this.

Speaking of Dark Gravity Wave, the block countdown site, BelaDGW.com, was just edited to show the estimated time left until the hard fork occurs. Currently, there's about 11.09 days left.