Machine Funk
Member
Offline
Activity: 144
Merit: 10
|
|
April 09, 2017, 02:37:05 AM |
|
I think this is a great idea. What sort of books and music will you offer ?
|
|
|
|
|
|
|
|
|
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
d629862
Newbie
Offline
Activity: 20
Merit: 0
|
|
April 09, 2017, 03:17:22 AM |
|
Bittrex Bounty will start Soon it will be traded on Bittrex?
|
|
|
|
bits4books (OP)
Sr. Member
Offline
Activity: 854
Merit: 264
Crypto is not a religion but i like it
|
|
April 09, 2017, 04:53:41 AM |
|
I think this is a great idea. What sort of books and music will you offer ?
That depends upon the authors and artists
|
|
|
|
bits4books (OP)
Sr. Member
Offline
Activity: 854
Merit: 264
Crypto is not a religion but i like it
|
|
April 09, 2017, 04:57:30 AM |
|
UPDATE 1.0.6.X.Z Premine escrowed to a multi-sig account Public address | MQBVo8dP3kYgXsYpjXbm8BqP6rPfRrXJkV | HASH | e32a74fc0cc4e447fdc8fb394bdce904687a08760be9200d8e152ccd62224a06 | http://www.mbitbooks.co/
|
|
|
|
|
nightrider
|
|
April 09, 2017, 05:28:42 AM |
|
Good job dev , hope bittrex adds your coin .
|
|
|
|
DomainMagnate
|
|
April 09, 2017, 12:26:41 PM |
|
This is good to offer bounty for this as well.
|
|
|
|
misterbones
Full Member
Offline
Activity: 182
Merit: 100
Trader*Investor
|
|
April 09, 2017, 12:30:37 PM |
|
I hope bittrex adds mbit soon as this is a good coin with awesome dev
|
|
|
|
bits4books (OP)
Sr. Member
Offline
Activity: 854
Merit: 264
Crypto is not a religion but i like it
|
|
April 09, 2017, 02:42:31 PM |
|
Thank you . Premine has also been locked So this is more good news
|
|
|
|
ekoja
|
|
April 09, 2017, 03:20:22 PM |
|
Will send an email to bittrex.
|
|
|
|
bits4books (OP)
Sr. Member
Offline
Activity: 854
Merit: 264
Crypto is not a religion but i like it
|
|
April 09, 2017, 05:00:48 PM |
|
Will send an email to bittrex. Thank you for the support
|
|
|
|
andrealandia
Legendary
Offline
Activity: 1470
Merit: 1000
|
|
April 10, 2017, 07:12:45 AM |
|
is so incredible that this coin hasn't a stable value on market
|
|
|
|
misterbones
Full Member
Offline
Activity: 182
Merit: 100
Trader*Investor
|
|
April 10, 2017, 07:15:53 AM |
|
it is on crytopia and difference between buy and sell books is big , so if someone sells the price goes down by 40% and if some one buys the price goes up by 30% LOL
|
|
|
|
bits4books (OP)
Sr. Member
Offline
Activity: 854
Merit: 264
Crypto is not a religion but i like it
|
|
April 10, 2017, 07:16:58 AM |
|
I agree the price is not stable even after the premine has been locked , maybe due to difference between orders or miners selling the coin which is completely fine .
Soon we be going into Livecoin and are contacting bittrex
|
|
|
|
brophymj
Newbie
Offline
Activity: 6
Merit: 0
|
|
April 10, 2017, 08:55:22 AM Last edit: April 10, 2017, 10:12:48 AM by brophymj |
|
Can someone explain to me how the volume in the last 24 hours can be 10btc and yet the market cap is till hovering around 1BTC? The only way I can see this happening is if someone is buying and selling their own coins to generate volume with the hope of attracting investment? It is also possible that the supply and demand are increasing at exactly the same rate but this seems too unlikely given the volume.
If you look at the market history on cryptopia you will see that 130,000 mbits was bought today. I thought the circulating supply was 38,200 mbits.
10/04/2017 8:26:50 AM Buy 0.00002490 43131.53612454 1.07397525 10/04/2017 8:26:44 AM Buy 0.00002490 43304.40805137 1.07827976 10/04/2017 8:26:36 AM Buy 0.00002490 43465.07582980 1.08228039 Please provide some clarity around this. A clear coherent response, not two words that inspire no confidence.
|
|
|
|
brophymj
Newbie
Offline
Activity: 6
Merit: 0
|
|
April 10, 2017, 10:30:01 AM |
|
I've been going off coinmarketcap: https://coinmarketcap.com/currencies/mbitbooks/According to this source, the market supply is 38,200 and the market cap is 1 BTC. So is the market cap then 37btc's?? Is the release of new coins to circulation formulaic? It seems any increase in price will be eroded by increasing circulating supply. It seems a bit unfair to those who got in early.
|
|
|
|
bits4books (OP)
Sr. Member
Offline
Activity: 854
Merit: 264
Crypto is not a religion but i like it
|
|
April 10, 2017, 10:37:11 AM |
|
I've been going off coinmarketcap: https://coinmarketcap.com/currencies/mbitbooks/According to this source, the market supply is 38,200 and the market cap is 1 BTC. So is the market cap then 37btc's?? Is the release of new coins to circulation formulaic? It seems any increase in price will be eroded by increasing circulating supply. It seems a bit unfair to those who got in early. No ,actually coinmarketcap has not updated their information due to which their is confusion :/ and if you read the previous pages from premine mbit has been sold to investors also to get funds for development so that is also in circulating supply .
|
|
|
|
brophymj
Newbie
Offline
Activity: 6
Merit: 0
|
|
April 10, 2017, 10:50:23 AM |
|
Thanks for clarifying
How is the supply of mbits being controlled? After all, I have invested in this as I hope the price will increase and I will make a return on my investment. Is there point in investing now or should I wait until all the coins are in circulation before any price increase is achieved.
|
|
|
|
bits4books (OP)
Sr. Member
Offline
Activity: 854
Merit: 264
Crypto is not a religion but i like it
|
|
April 10, 2017, 11:23:48 AM |
|
Thanks for clarifying
How is the supply of mbits being controlled? After all, I have invested in this as I hope the price will increase and I will make a return on my investment. Is there point in investing now or should I wait until all the coins are in circulation before any price increase is achieved.
Thank you for being an investor . Right now all the premine is locked in escrow . Not touching it We can only move it after posting here about the reason and with the address where the mbit would be sent Not more than 10,000 mbit can be moved at once without being made public The current circulating supply is near 2 million mbit , rest is locked . So this can likely increase the price also we are contacting exchanges right now for integration so please feel safe about your investment If you have any more questions please feel free to ask
|
|
|
|
|
|