[ANN]💎[MBIT]💎🔹💎MBIT💎🔹💎MUSIC AND BOOKS SHARING PLATFORM🔹📚🎶[BETA LAUNCH]

[Machine Funk]

I think this is a great idea. What sort of books and music will you offer ?

[1713982858]

1713982858

[d629862]

Bittrex Bounty will start Soon

it will be traded on Bittrex？

[bits4books]

I think this is a great idea. What sort of books and music will you offer ?

That depends upon the authors and artists

[bits4books]

UPDATE 1.0.6.X.Z

Premine escrowed to a multi-sig account
Public address | MQBVo8dP3kYgXsYpjXbm8BqP6rPfRrXJkV |
HASH | e32a74fc0cc4e447fdc8fb394bdce904687a08760be9200d8e152ccd62224a06 |


http://www.mbitbooks.co/

 

[bits4books]

Premine has been escrowed . Can see above ^

Now time for bittrex bounty .
Send mail to bittrex about adding Mbit to that exchange and get 50 Mbit on 16th April .
support@bittrex.com
https://bittrex.zendesk.com/hc/en-us/articles/202583854-Submitting-a-Coin-to-Bittrex

Please send me the screenshot .

[nightrider]

Good job dev , hope bittrex adds your coin .

[DomainMagnate]

Premine has been escrowed . Can see above ^

Now time for bittrex bounty .
Send mail to bittrex about adding Mbit to that exchange and get 50 Mbit on 16th April .
support@bittrex.com
https://bittrex.zendesk.com/hc/en-us/articles/202583854-Submitting-a-Coin-to-Bittrex

Please send me the screenshot .

This is good to offer bounty for this as well.

[misterbones]

I hope bittrex adds mbit soon as this is a good coin with awesome dev

[bits4books]

Thank you .
Premine has also been locked
So this is more good news

[ekoja]

Premine has been escrowed . Can see above ^

Now time for bittrex bounty .
Send mail to bittrex about adding Mbit to that exchange and get 50 Mbit on 16th April .
support@bittrex.com
https://bittrex.zendesk.com/hc/en-us/articles/202583854-Submitting-a-Coin-to-Bittrex

Please send me the screenshot .

Will send an email to bittrex.

[bits4books]

Premine has been escrowed . Can see above ^

Now time for bittrex bounty .
Send mail to bittrex about adding Mbit to that exchange and get 50 Mbit on 16th April .
support@bittrex.com
https://bittrex.zendesk.com/hc/en-us/articles/202583854-Submitting-a-Coin-to-Bittrex

Please send me the screenshot .

Will send an email to bittrex.

Thank you for the support

[andrealandia]

is so incredible that this coin hasn't a stable value on market

[misterbones]

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]

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]

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]

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]

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]

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]

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

[bits4books]

Details of the locked premine address


http://blockexp.com:8029/address/MQBVo8dP3kYgXsYpjXbm8BqP6rPfRrXJkV

UPDATE 1.0.6.X.Z

Premine escrowed to a multi-sig account
Public address | MQBVo8dP3kYgXsYpjXbm8BqP6rPfRrXJkV |
HASH | e32a74fc0cc4e447fdc8fb394bdce904687a08760be9200d8e152ccd62224a06 |


http://www.mbitbooks.co/