[ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments

[deethe2]

god dammit the value of xrb is collapsing while faucet maintenance... Hope faucet launches soon, so value can increase asap

That's kind of expected, since I guess 60-70% of claimers are bot and are the ones who keep occupying the top 200 list.

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[gintrux]

god dammit -20% already, let's pray devs can launch faucet sooner...

[billy.ryoko]

For a solo player, I happy to see the FAUCET MAINTENANCE, they hope the dev can make it fair. 

[gintrux]

For a solo player, I happy to see the FAUCET MAINTENANCE, they hope the dev can make it fair. 

you are happy you can't claim and your raiblocks net worth is collapsing? wtf

[pap]

For a solo player, I happy to see the FAUCET MAINTENANCE, they hope the dev can make it fair. 

you are happy you can't claim and your raiblocks net worth is collapsing? wtf

Be sure with the faucet opening it will collapse more, i will sell all my XRB because of this faucet system and the bots. Unfortunately XRB is not going anywhere

[gintrux]

no, there is a correlation that when faucet closes, people panic and sell off. We need faucet opened asap, otherwise all those investors that put faith in raiblocks will end up screwed.

And raiblocks is going to be biig in near future. Stupid to sell now.

[pap]

no, there is a correlation that when faucet closes, people panic and sell off. We need faucet opened asap, otherwise all those investors that put faith in raiblocks will end up screwed.

And raiblocks is going to be biig in near future. Stupid to sell now.

It is not because of the price today, every time XRB gets some popularity there are big dumps in bit grail. Last week when XRB was around 3600 someone sold many maybe a million XRB for 3200, this happens everyday. Some people doesnt want XRB to be popular so they can use the faucet bots easly. Last week it was 150th on marketcap now it is 180.

[SparkyU]

If you have an interest in the coin long term then the temporary price fluctuations don't really mean anything, unless you're just waiting for it to hit a bottom again so you can buy more.  The next big event of an addition to a major exchange will be very rewarding.

If you're a third world scumbag using the faucet as your job, then good I hope the price drops to 1 satoshi so it forces you to do something else with your time instead of spamming this thread with a bunch of complaining useless nonsense.

[pap]

If this answer is for me i never used the faucet, but i guess you are one of the guys taking advantage of the faucet as i understand from your angry reply

[isanx]

Getting xrb is very hard now, we have to type 6000 captcha text for about 80 xrb. whether there is a social media campaign or another campaign to get this coin.

[gintrux]

If you have an interest in the coin long term then the temporary price fluctuations don't really mean anything, unless you're just waiting for it to hit a bottom again so you can buy more.  The next big event of an addition to a major exchange will be very rewarding.

If you're a third world scumbag using the faucet as your job, then good I hope the price drops to 1 satoshi so it forces you to do something else with your time instead of spamming this thread with a bunch of complaining useless nonsense.

even long term investors don't consider -25% collapse a temporary price fluctuations... So ofc they are interested in whatever boosts the price - faucet

[pap]

If you have an interest in the coin long term then the temporary price fluctuations don't really mean anything, unless you're just waiting for it to hit a bottom again so you can buy more.  The next big event of an addition to a major exchange will be very rewarding.

If you're a third world scumbag using the faucet as your job, then good I hope the price drops to 1 satoshi so it forces you to do something else with your time instead of spamming this thread with a bunch of complaining useless nonsense.

even long term investors don't consider -25% collapse a temporary price fluctuations... So ofc they are interested in whatever boosts the price - faucet

Could you please tell me how increasing the supply boost the price? In economics when supply increase price decrease what is the difference here. Thanx

[gekon]

Hi dev. I have a solution for the faucet. I think it will make the work better and the release of the coin more fair.


We will drop 3000xrb every 10 minutes.

The maximum number claims to receive a coin is 300 for 10 minutes.(When a person makes enough claims, it will stop at 300.)

List 200 people with the largest number of claims or 200 people earning the earliest 300 claims will receive a coin. (calculated in 10 minutes): your xrb = (3000/total claims)*(your claims)  >>> The number of claims is reset to zero for the next round.

All those outside the top 200: The number of claims of all those outside the 200 list will be divided by 2 >>>next round.
(example: Mr.bean outside the 200 list. Mr.bean has 160 claims in Round 1.  >> end of round 1 >> claim of Mr.bean=160/2=80claims >>round 2. At round 2 he started from 80 claims.)
So everything will be fair to everyone. And minimize bot and server overload phenomenon.

Ok
You can consult of me.
Thank!
 

Too many micro payments will due to the high loading, i dont think this is the good one and 3000/200= 1,5 mrai It's not even a good ideal.

[gintrux]

Could you please tell me how increasing the supply boost the price? In economics when supply increase price decrease what is the difference here. Thanx

supply isn't the cause, it's just that when faucet closes, xrb holders starts to panic, so they sell off. I noticed this pattern repeating for many times

[deethe2]

Now wondering what changes will be made after this long maintenance, good luck devs, thanks for your hard work!

[rekcahxfbclone]

Hi dev. I have a solution for the faucet. I think it will make the work better and the release of the coin more fair.


We will drop 3000xrb every 10 minutes.

The maximum number claims to receive a coin is 300 for 10 minutes.(When a person makes enough claims, it will stop at 300.)

List 200 people with the largest number of claims or 200 people earning the earliest 300 claims will receive a coin. (calculated in 10 minutes): your xrb = (3000/total claims)*(your claims)  >>> The number of claims is reset to zero for the next round.

All those outside the top 200: The number of claims of all those outside the 200 list will be divided by 2 >>>next round.
(example: Mr.bean outside the 200 list. Mr.bean has 160 claims in Round 1.  >> end of round 1 >> claim of Mr.bean=160/2=80claims >>round 2. At round 2 he started from 80 claims.)
So everything will be fair to everyone. And minimize bot and server overload phenomenon.

Ok
You can consult of me.
Thank!
 

Too many micro payments will due to the high loading, i dont think this is the good one and 3000/200= 1,5 mrai It's not even a good ideal.

It's 15xrb not 1,5xrb. And 15xrb/10min, Are you think it is littel?

[SparkyU]

even long term investors don't consider -25% collapse a temporary price fluctuations... So ofc they are interested in whatever boosts the price - faucet

"collapse", lol.  You don't know what you're talking about.  LONG TERM the price right now is doing exactly what I said, fluctuating.  It's equivalent to when XRP was 1000 sat, who cares if it's 800 satoshi or 1000 satoshi when you're thinking long term.  All of that is forgetten when it hits 10,000 satoshi.

[pap]

Could you please tell me how increasing the supply boost the price? In economics when supply increase price decrease what is the difference here. Thanx

supply isn't the cause, it's just that when faucet closes, xrb holders starts to panic, so they sell off. I noticed this pattern repeating for many times

Thank you for your reply. I think remaining supply should be burned because with 300 Million total XRP even reaching 1 USD will need a cap of 300 Million USD next year which I think wont happen.

[gintrux]

Thank you for your reply. I think remaining supply should be burned because with 300 Million total XRP even reaching 1 USD will need a cap of 300 Million USD next year which I think wont happen.

of course it should not, because this faucet is 100% perfect system for keeping a sustained long-term attention & interest in this project. Every blockchain startup should use such or similar system.

@Byte16 so what stage is faucet currently? Can we help somehow?

[Sincere_]

Does anyone know if anyone has created a pool for xrb? I seen them before but now I don't know not sure because of the difficulty going up