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Golftech
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March 11, 2017, 02:07:51 AM |
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How do we know that the bonus worked ? Got my dbic sitting on livecoin atm
It will be distributed by the team after the swap is completed by Livecoin. So sometime after March 18th. So long as your coins are on your Livecoin balance it's all good. so it will be distributed manually right? after the swap the expected bonuses will appear to our wallet inside Livecoin, better to wait and see well good luck to all the dev and keep this coin successful and the swap. more power 4fanbtc... |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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puthupanth
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March 11, 2017, 04:57:01 AM
Last edit: March 11, 2017, 05:37:38 AM by puthupanth |
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Ok, no real answer to my economic concerns from the team. Now I'm really regreting that I have supported this scammer team who doesn't give a fuck about their investors... I'm gonna explain the economic consencuences for the ones who still dont understand and believe this coin is gonna make x100.
First, stop dreaming.
Second, make some maths
18th March = 610,000 DBIX
18th May = 1,043,000 DBIX
18th July = 1,476,000 DBIX
18th Sept= 1,910,000 DBIX
Can you see that every month there will be a lot of new coins created? Please read something about supply and demand laws... It's gonna be a bloodbath...
We replied to your queries twice via PM, we just want to make it clear. Nop, you did not answer anything. That's why I had to use red big size typo... We also posted the below on this thread: We have been asked via PM and we can see some concerns about the supply schedule for DBIX.
As the supply increases with any currency the percentage of holdings against the total supply will naturally decrease. The dollar value of DBIC and DBIX at the swap are the same and thus no loss of value is there. The reduction of percentages while keeping the value is a necessary move to grow and attract new investments which will positively impact prices over time.
The supply at 2.6m per year over the dagger hashimoto algorithm is considered relatively low supply and as ArabianChain attracts more miners it will only increase the competition for blocks which will increase prices over time as well. We believe the Etherum miners will consider ArabianChain as an attractive alternative prior and after Ethereum's move to POS.
This is for the best, to make ArabianChain worthwhile to many other users and developers to join our ecosystem. It is a free market out there and you have the choice to stay with us and support ArabianChain or take other measures. It is entirely up to you. We believe our decisions to be the best way forward for our project. We stand by that and we do believe that DBIC wasn't as good a proposition going forward as much as DBIX is, including the features it will incorporate + smart contracts. We don't even want to start going through the poor, provocative and offensive language used to address concerns in big red letters. We have seen attempts to discredit a project in the past, and this is very closely resembling one of them. We do listen to and address concerns, as mentioned you have the option to stay with us or make other arrangements. Bringing more miners wont make the demand grow. they will dump as fast as they can.
I've been supporting DBIC since the beggining, but I do not support this bs swap
Dont talk about supply naturally decreasing because it wasnt the original idea. You have just created that bs growth rate... The worst part is not that they dont understand those basic concepts of economy, which is sad. The worst part is they dont give a fuck about the investors neither the community... Do you think any serious investor, hedge fund or goverment, is that stupid to dont research which team is behind the coin and what is the history of it? Do you think anyone will trust this guys?
Thanks for sharing your opinion here, everyone can judge for themselves when they see it. We do care about our community and supporters very much, it is one of the reasons why we went on to build an improved, more powerful and way more functional blockchain. The blockchain and fintech ecosystems have advanced considerably in the last couple of years, smart contracts are in demand now, when we started with DBIC things were not as competitive. By evolving into a better solution and with the middle east market being ripe for blockchain adoption this is the best strategy for ArabianChain to be relevant and find its place. However you doubting team members who have their own names and reputations at stake shows you are merely trying to incite discord.
changing to smart contrats doesnt requiere to dilute investors stake.
you do that because you dont understand how value is created...
I'm explaining the real economic consecuences because not everyone understands about supply and demand.
Hope they have now understood it or research about it.
Then if they loose their money, it's not my concern anymore... Another point, Yobit and probably C-cex and cryptopia too, will keep DBIC listed.
Which means the swap is not the only way forward. We can choose between DBIC or DBIX.
This is another assumption of yours. We can confirm that if you don't swap your DBIC to DBIX while the swap is on you won't have another chance. The swap window is open for a while and you are free to keep your DBIC, however the old network and coin won't be maintained any longer. You can NOT say it will be delisted, because you know they dont even answer your emails...
It wont be maintained by you, which doesnt mean it wont be maintained. Devs are promising a lot of stuff, but if they are doing this sitty swap is because they dont have any DBIC.
They have see they can get a work and a position in the blockchain revolution by stealing our money and DBIC and that is deplorable.
The dollar value of DBIC and DBIX at the swap are the same and thus no loss of value is there. Again, you are trying to impose your own agenda on everyone, with "deplorable" techniques. Again, I'm not sure if you really dont understand the consecuences of changing the supply or you are just laughing at us...We dont even know if the people they say they are working, they really are, because none of them as anything about DBIX in their profile.
I've just contacted DIMA MALIBARY & ABDULRAHMAN ALHARTHI throught Linkedin, and I'm gonna wait to see their answer.
Big investors (and the small ones too) should make their own research. This is not kids play. This is serious money. And this swap looks like a joke...
We need someone with real motivation to take care of this project. And not some people who only care about theirself.
We are hard at work to make sure the swap is a success supported by a stable network, an updated explorer, a wallet and mining to start with. Contrary to what's stated above we have a lot of supporters looking forward to the swap and beyond. We also do encourage everyone to make their own educated judgement when reading posts from users on this thread as well as when making financial decisions. We cannot promise that DBIX will go to the moon, it is not our intention, what we can guarantee is that we will put the highly valuable skills of our team members to good work. Stay tuned. A lot of... but you can even name one..
Hope people does their own research...
Now for the people acting like kids:
Not sure if you have already forget but some of you come to DBIC fudding and talking bs about it...
now you are acting like the biggest fans. lol
Have you done your research? This is business... Dont behave like kids... Grow up! DYOR!about cointelegraph article This is a paid press release. CoinTelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company. CoinTelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release. guys, seriously, do your own research... We have already expressed our opinion and made plans for our new DBIX blockchain, we are not going to change things at this stage. You are free to post, we cannot stop you from doing so, however keep in mind other people who are actually supporting our project.
This is not what you can expect from a real project. How can anyone expect the goverment to get involved in this?
Not on my plans, even if I have thought about it, but in other countries you could be sued for stealing investors money...I don't believe for 1 sec ond this guy has any dbic at all,, or even if he does,,, they will be a few thousand.. this is all a clever FUDDER. The words all ways used in his posts are provocative and always denote stealing ,, mistrust,, scam,,, etc etc... what a poor sick twisted confused,,, pathetic individual.... If this guy is a long time supporter,,, he would have bought these coins at a very low price,,, somewhere in the region of 2k sats,,, its 20k sats right now,,, just sell and move on,, you still making 10x. |
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Ai7xpressTV
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March 11, 2017, 07:12:16 PM |
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May I suggest not to quote posts from people who are here to bash DBIX. You can reply to comments but don't quote them.
On another note, there is a "report to moderator" button at the lower right corner of each post.
It is up to the supportive community to keep this thread clean, so hit the Report To Moderator Button, state why you think the post shouldn't be here and let the mods do their work.
With a supportive and proactive community DBIX will have a much more stable economy, pump and dumpers can find another coin to support.
i agree with you. dbix build by community,and community make these coin have good price. |
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puthupanth
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March 11, 2017, 07:44:32 PM |
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May I suggest not to quote posts from people who are here to bash DBIX. You can reply to comments but don't quote them.
On another note, there is a "report to moderator" button at the lower right corner of each post.
It is up to the supportive community to keep this thread clean, so hit the Report To Moderator Button, state why you think the post shouldn't be here and let the mods do their work.
With a supportive and proactive community DBIX will have a much more stable economy, pump and dumpers can find another coin to support.
very good point,,,i agree .. my bad,, apologies bro |
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EeOneTrade
Member
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March 11, 2017, 08:09:51 PM |
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May I suggest not to quote posts from people who are here to bash DBIX. You can reply to comments but don't quote them.
On another note, there is a "report to moderator" button at the lower right corner of each post.
It is up to the supportive community to keep this thread clean, so hit the Report To Moderator Button, state why you think the post shouldn't be here and let the mods do their work.
With a supportive and proactive community DBIX will have a much more stable economy, pump and dumpers can find another coin to support.
i agree with you. dbix build by community,and community make these coin have good price. ктo нибyдь мoжeт пo pyccки oбъяcнить чтo пpoиcxoдит? чтo дeлaть c мoнeтaми? y мeня ecть нeмнoгo мoнeт DBIC. мoнeты нaxoдятcя в кoшeлькe. чтo c ними cдeлaть чтo бы coxpaнить? или нe cтoит бecпoкoитьcя, пycть лeжaт в кoшeлькe? |
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EeOneTrade
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March 11, 2017, 08:27:22 PM |
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DECENTRALIZED CLOUD COMPUTING PLATFORM
ABOUT US  | Founded by Mohammed Alsehli and Walid Messaoudi in February 2016, we are a multinational group of talented and diverse professionals aiming to bring the next big thing in blockchain technology to the middle east and beyond. Our team brings experience from Microsoft, Dell-EMC, Ericsson, and Oracle in addition to vertical business domain knowledge in banking, telecommunications, healthcare and the public sector. Together this puts us in an advantageous position to bring positive change through emerging technology to Dubai, one of the most vibrant cities in the world and financial technology leader for the middle east. ArabianChain is aiminging to revolutionize the way governments, businesses, and people interact with the economy, e-services, and digital transformation. Our goal is to lead the way in entrepreneurial thinking and innovation and to bring blockchain technology starting with Dubai and reaching to the world. ArabianChain Technology is an accepted company in Dubai's Digital Islamic Economy initiative with offices located at the Dubai Technology Entrepreneurship Center (DTEC) by the Dubai Silicon Oasis Authority. ArabianChain Technology Dubai Technology Entrepreneur Center Technohub 2, Dubai Silicon Oasis Authority Dubai UAE |
OUR PROJECT  | The Arab world is ripe for innovation, we believe the power of self-executing, secure, and globally accessible smart contracts
and decentralized Apps will play a strong role in the future of this economy.
OUR MISSION
Our mission is to bring business innovation through blockchain technology by empowering everyone to develop more secure,
decentralized and universally accessible applications and services.
DUBAICOIN-DBIX PROJECT
DubaiCoin began in February 2016 with the goal of making Bitcoin and other cryptocurrencies more accessible in the Arab world.
Since then we’ve launched our mobile Android wallet and Dubai Shop, our online marketplace.
This year, DubaiCoin we will go through another transformation that will culminate with the launch of our new cryptocurrency,
DubaiCoin-DBIX.
DBIX is an advanced version of DubaiCoin with improved security and greater efficiency to support money transfers and global
payments, along with fueling the Arabian Chain platform.
DubaiCoin-DBIX and all the services built around it are designed to shift everyday monetary activities into the future and apply
broad use case applications in how we live our lives and interact through smart contracts.
ARABIANCHAIN
Our public, decentralized and secure blockchain that allows for self-executing, and globally accessible smart contracts and
decentralized Apps to be developed, and for crypto currencies to be built, transacted, tracked and safeguarded over a network of
thousands of connected yet distributed devices.
THURAYA - SMART CONTRACTS BUILDING PLATFORM
The name comes from the Arabic word for the constellation of the Pleiades which is a cluster of connected stars with a lot of
stories to tell. Thuraya is our easy to use Smart Contracts building platform, along with google blockly based interface, Thuraya is
fun to experiment with for seasoned developers and novice ones alike.
OUR FOCUS AREAS FOR 2017:
ISLAMIC FINANCING/ISLAMIC BANKING
(Linked to to the Islamic Digital Economy initiative in Dubai)
The global Islamic banking assets is valued at more than US$1 trillion as of 2016. Aiming to bring this promising industry to the
Blockchain isn’t just an act of technology innovation but it’s an effort to revolutionize one of the growing areas in today’s new
emerging economy. We will be the first startup to attempt to completely shift some concepts in Islamic financing to be easily
attainable, transparent and self-executing smart contracts on our ArabianChain platform.
GOVERNMENT SERVICES
(Linked to Dubai’s 2020 vision for government documents on the blockchain)
The demand for high quality and speedy services calls for a change in the way we approach those services and the medium of
which we chose to provide them through. We believe we have the edge to transform these services and bring them a step closer
to the future. |
TECHNICAL INFO & SPECS | ArabianChain Technology is an open source, community-based project with the goal of building a decentralized, consensus-driven,
peer to peer, open source, blockchain-based platform for distributed applications. ArabianChain tech will leverage and improve
blockchain technology and build a full-featured application platform on top of it.
Rather than giving users a set of predefined instructions (like bitcoin), ArabianChain allows users to create with ease their own
instructions of any complexity they wish. In this way, it serves as a platform for many different types of decentralized applications,
including but not limited to cryptocurrencies. |
Smart Contract Creation Demo click pic to watch video DBIC to DBIX Swap | We are excited to announce the “DBIC to DBIX Swap” as well as bonuses for early swapping. DubaiCoin-DBICavailable supply is approximately 6M DBIC, see our old thread for more info: OLD DBIC THREAD: [ANN] [DBIC] DubaiCoin-DBIC | PAYMENT GATEWAY DBIC-EX دبي كوينDBIC to DBIX SWAP IN:  We want the process to go smoothly for users so we strongly recommend reading the below details carefully. The Swap Mechanism (as per Livecoin's guidelines)As a pre-requisite go ahead and create an account over at https://www.livecoin.net. 1. The Swap date is the 18th of March 2017, this is the last day where any DBIC deposits will be accepted at Livecoin. 2. Livecoin will close deposits/withdrawals on March 18, 2017 for DBIC. 3. Livecoin will communicate to ArabianChain’s team the exact amount of DBIC deposited. 4. Livecoin will send all DBIC to a public wallet to be burnt. 5. The ArabianChain team will send Livecoin all the required DBIX for the swap at rate of 10 DBIC = 1 DBIX. 6. Livecoin will close trading for the old coin (DBIC) and cancel all open orders. 7. Livecoin will perform the swap according to specified ratio. 8. The community will receive DubaiCoin (DBIX) based on to their DBIC balance on Livecoin within 1 to 2 business days. 9. Livecoin will open trading for DBIX. 10. Livecoin will delete DBIC trading pair. 11. Livecoin will test DBIX network, blockchain and nodes. 12. Livecoin will open DBIX deposits/withdrawals. 13. Swap complete. The Bonus Mechanism (adjusted to reflect the above-mentioned process)1. The bonus will be handled manually as Livecoin doesn’t accommodate bonus scenarios. 2. All deposits prior to March 11, 2017 will get +1.5% DBIX. (deadline March 10, 11:59 PM Dubai Time, GMT+4) 3. All deposits between March 11 and 17, 2017 will get +1% DBIX. (deadline March 16, 11:59 PM Dubai Time, GMT+4) 4. No bonuses will be awarded after that. 5. There will be no exceptions. Please note that any remaining currencies after the swap will be burnt. |
DubaiCoin (DBIX) | - Ticker: DBIX
- Algorithm: PoW Dagger Hashimoto
- Blockchain: ArabianChain
- Mining: GPU
- Block Reward: 6 DBIX per block
- Block Time: 90 seconds between blocks
- Difficulty Retarget: every block
- Max Supply: Unlimited, mineable (DBIX produce ~2.6 million coins per year)
- Pre-mine for the swap: 610,000 DBIX
- DBIC/DBIX Swap Rate: 10 DBIC = 1 DBIX
Tools |
THE TEAM | MOHAMMED ALSEHLI - CEO - LinkedIn Mohammed is a certified Innovation Strategist, an ITIL Service Management Expert and a ProSci Organizational Change Management practitioner with degrees in Software Engineering and Technology & Innovation Management. He worked as an Enterprise Architect in Banking and currently at Microsoft as a service Delivery Manager focusing on FSI. WALID MESSAOUDI - CTO - LinkedIn Walid is a developer,a businessman and a full stack developer with 15+ years of experience. Currently leading the Technical efforts at ArabianChain as the Chief Technology Officer. MUSTAFA ALSULAMI - COO - LinkedInMustafa has a bachelor in Electrical engineering focusing on telecommunications, as well as master degrees in Engineering Management and Information Systems & Communications Engineering. He is PMP certified and worked for Ericsson, (VCE) DELL- EMC and Microsoft. DIMA MALIBARY - CMO - LinkedIn Dima is a brand enthusiast, design lover and innovation seeker. She is a certified Innovation Strategist at Sharjah Investment & Development Authority (Shurooq) UAE. ABDULRAHMAN ALHARTHI - VP Business Development - LinkedIn Abdulrahman is a Computer Engineer and an MBA holder, a Solutions Architect and Delivery Management professional. He worked at Ericsson and Microsoft, currently a territory Sales Manager for cloud services at Oracle. ALEKSANDRA VESIC - Technical Lead, Engineer, DeveloperAleksandra is an expert in HTML, CSS, JavaScript, jQuery, Node.js, Electron, AngularJS, Blockchain, Cordova, Phonegap. YOUSSEF EL ALLALI - Senior Software EngineerYoussef has extensive experience with several programming languages such as Java, C/C++, C#, Perl, VB.NET, ASP.NET, JS, PHP, Python, Ruby, Objective-C, Swift, WLangage, Pascal, Prolog, Lisp, Scala, Assembly, Solidity, Serpent, LLL, Mutan. TBATOU ZAKARIAE - Technical Lead and SecurityTbatou is an expert in Network & System Security, Risk Management, Authentication & Access Contro as well as being fluent with Java, C, C++, C#, VB, PHP, JavaScript, Perl, Assembly, ASP.NET, Lisp, Serpent, Solidity. He’s also familiar with AWT/Swing, Java 2D/3D, Hibernate, Struts, JavaBeans, JSP/Servlet, OpenCV, HTML, CSS, XML, Bootstrap, jQuery, Qt, MFC. |
GET IN TOUCH У вac ecть вeткa c pyccким языкoм? Bыдeлитe нeмнoгo cpeдcтв чтo ли, ecли нeтy. )) Пepeвeдитe мнe вoт этo. C мoим пepeвoдoм нe вce cxoдитcя. |
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Ai7xpressTV
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March 11, 2017, 09:03:39 PM |
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У вac ecть вeткa c pyccким языкoм? Bыдeлитe нeмнoгo cpeдcтв чтo ли, ecли нeтy. )) Пepeвeдитe мнe вoт этo. C мoим пepeвoдoм нe вce cxoдитcя. Пepeвecти cвoи cтapыe бaлaнcы DBIC нa Livecoin.net,A тaкжe бoнycы зa paннюю зaмeнy |
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Good_man
Newbie
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March 11, 2017, 09:21:00 PM |
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Rw13enlib88 We heard you once, please stop repeating yourself. If you don't like the project you know where is the door.
Us the community as a whole are happy and we don't need negative people like you.
Why people are not constructive and instead of shouting and be aggressive are nice instead. There are many project out there, chose one you like but stop bothering us giving us speeches!
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EeOneTrade
Member
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March 11, 2017, 09:26:42 PM |
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У вac ecть вeткa c pyccким языкoм? Bыдeлитe нeмнoгo cpeдcтв чтo ли, ecли нeтy. )) Пepeвeдитe мнe вoт этo. C мoим пepeвoдoм нe вce cxoдитcя. Пepeвecти cвoи cтapыe бaлaнcы DBIC нa Livecoin.net,A тaкжe бoнycы зa paннюю зaмeнy thank you very much. cдeлaйтe pyccкyю вeткy пoжaлyйcтa! |
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Ai7xpressTV
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March 11, 2017, 09:48:15 PM |
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У вac ecть вeткa c pyccким языкoм? Bыдeлитe нeмнoгo cpeдcтв чтo ли, ecли нeтy. )) Пepeвeдитe мнe вoт этo. C мoим пepeвoдoм нe вce cxoдитcя. Пepeвecти cвoи cтapыe бaлaнcы DBIC нa Livecoin.net,A тaкжe бoнycы зa paннюю зaмeнy thank you very much. cдeлaйтe pyccкyю вeткy пoжaлyйcтa! Дoбpo пoжaлoвaть! |
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Cryptorios
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March 11, 2017, 09:52:21 PM |
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Fuders come and go ,We work and grow
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EeOneTrade
Member
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March 12, 2017, 01:03:57 AM |
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thank you very much. cдeлaйтe pyccкyю вeткy пoжaлyйcтa!
Дoбpo пoжaлoвaть! в cмыcлe? ) вeдь этa тeмa нa aнглийcкoм. |
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jvper
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March 12, 2017, 01:06:57 AM |
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Please, refrain from using other languages rather than English on this thread.
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blackhawk101
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March 12, 2017, 01:58:30 AM |
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Please, refrain from using other languages rather than English on this thread.
WHERE BOUNTY? ME WANT BOUNTY. CLAIM ALL EURO LANGUAGE, FRANCE, MEXICAN. TRANSLATE SUPER FAST, LESS WORD AFTER TRANSLATOR, NO NEED GIANT COMPUTER DISK. SAVE YOU BIG DOLLAR.  |
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SunStruck
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March 12, 2017, 05:42:00 AM |
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Please, refrain from using other languages rather than English on this thread.
WHERE BOUNTY? ME WANT BOUNTY. CLAIM ALL EURO LANGUAGE, FRANCE, MEXICAN. TRANSLATE SUPER FAST, LESS WORD AFTER TRANSLATOR, NO NEED GIANT COMPUTER DISK. SAVE YOU BIG DOLLAR. wat ?  |
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EeOneTrade
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March 12, 2017, 11:00:49 AM |
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Please, refrain from using other languages rather than English on this thread.
ecли я тeбe ceйчac нaпишy нa aнглийcкoм, ты coйдeшь c yмa oт пepeвoдa) тaк чтo, тoлькo тaк. |
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SunStruck
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March 12, 2017, 04:39:56 PM |
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how can solo mine on 18th ?
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lara59236
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March 13, 2017, 04:37:18 AM |
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5 days until swap,we are ready to enter great history,to hit 30K sat only need less than 1 bitcoin wooooooow
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Good_man
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March 13, 2017, 06:15:18 AM |
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5 days until swap,we are ready to enter great history,to hit 30K sat only need less than 1 bitcoin wooooooow
Time of swap getting closer as price is going up!  I guess price will be around $1 the day before the swap, what do you think? |
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