[ANN][ICO] bitereum - Simply bitcoin on ethereum - ICO is now open

[bitereum]

http://bitereum.com/images/logo.png

ICO IS NOW OPEN

Coin Type
ethereum Token

What is bitereum?

bitereum brings together the two most valuable cryptocurrencies, bitcoin + ethereum,
our goal is to have a token on ethereum that works the same as bitcoin,
 a mining contract will be created to simulate the same bitcoin mining behavior.

bitereum is not intended to replace any coin in any way but rather to give the same bitcoin supply and demand mechanisms on the ethereum blockchain.

ICO Address (To participate in the ICO send your ethers here)
0x31caff619c30d21458e2d989bf47396e73144f63

Symbol
BTE

Total Supply
21,000,000

Total Supply available for the ICO
100%

ICO Token Price
Phase 1: From April 10 to April 15: 0.001% of bitcoin price
Phase 2: From April 16 to April 20: 0.01% of bitcoin price
Phase 3: From April 21 to April 24: 0.1% of bitcoin price
Phase 4: From April 25 to April 27: 10% of bitcoin price
Phase 5: From April 28 to April 29: 20% of bitcoin price
Phase 6: April 30: 30% of bitcoin price
Phase 7: From May 01 to May 02: 40% of bitcoin price
Phase 8: From May 03 to May 05: 50% of bitcoin price
Phase 9: From May 06 to May 09: 70% of bitcoin price
Phase 10: May 10: 90% of bitcoin price

Example:
Phase 1: if you invest $100 and bitcoin price is $1200 you will get 8333.333333 BTE
Phase 2: if you invest $100 and bitcoin price is $1200 you will get 833.3333333 BTE
Phase 3: if you invest $100 and bitcoin price is $1200 you will get 83.33333333 BTE
Phase 4: if you invest $100 and bitcoin price is $1200 you will get 0.833333333 BTE
Phase 5: if you invest $100 and bitcoin price is $1200 you will get 0.416666667 BTE
Phase 6: if you invest $100 and bitcoin price is $1200 you will get 0.277777778 BTE
Phase 7: if you invest $100 and bitcoin price is $1200 you will get 0.208333333 BTE
Phase 8: if you invest $100 and bitcoin price is $1200 you will get 0.166666667 BTE
Phase 9: if you invest $100 and bitcoin price is $1200 you will get 0.119047619 BTE
Phase 10: if you invest $100 and bitcoin price is $1200 you will get 0.092592593 BTE

Minimum ICO order accepted
1 ETH

How to Buy
We only accept ethereum (ETH) for the ICO, to participate in the ICO send your ethers to the ICO Address mentioned above (0x31caff619c30d21458e2d989bf47396e73144f63).
ethers can be purchased in a variety of popular exchanges such as: Poloniex, Kraken, Coinbase, BTC-e, etc. Note: orders will be processed as soon as possible, however in some cases it can take up to 24 hours to be processed.

For more information follow this guide: http://bitereum.com/howtobuy.html

How to Visualize your BTE tokens in your ethereum wallet
You can use any ethereum wallet to access your BTE Tokens (myetherwallet.com, ethereum wallet, etc.), if you are not familiar with ethereum we recommend myetherwallet.com which is a safe client-side ethereum wallet.

This is the bitereum Smart Contract information:

Token Smart Contract Address (Do not send ethers here)

0xb4b47e3dd06b5418ec3e5f3e52f72fffce5a9e68

ABI / JSON Interface

[{"constant":true,"inputs":[],"name":"name","outputs":[{"name":"","type":"string"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"decimals","outputs":[{"name":"","type":"uint8"}],"payable":false,"type":"function"},{"constant":true,"inputs":[{"name":"","type":"address"}],"name":"balanceOf","outputs":[{"name":"","type":"uint256"}],"payable":false,"type":"function"},{"constant":true,"inputs":[],"name":"symbol","outputs":[{"name":"","type":"string"}],"payable":false,"type":"function"},{"constant":false,"inputs":[{"name":"_to","type":"address"},{"name":"_value","type":"uint256"}],"name":"transfer","outputs":[],"payable":false,"type":"function"},{"inputs":[],"payable":false,"type":"constructor"},{"anonymous":false,"inputs":[{"indexed":true,"name":"from","type":"address"},{"indexed":true,"name":"to","type":"address"},{"indexed":false,"name":"value","type":"uint256"}],"name":"Transfer","type":"event"}]

For more information follow this guide: http://bitereum.com/howtoload.html

As a bitereum ICO investor you will get:

• The amount of BTE based on the bitcoin price
• The right to participate in future voting for important decisions on bitereum
• In case the Smart Contract is upgraded new tokens will be generated to your ICO sending address

Website

http://bitereum.com

Source Code

http://bitereum.com/source.html

[blocks.explorer]

What it used for?

Any roadmap? Whitepaper?

What's your plan on how to use the funds you raise if ever you raise some? What's your target amount to raise?

And what will you do with unsold tokens?

[scaryvirus]

The only value bitcoin has, as the oldest crypto, is its unparallel security and network effect, not how it works.

What is the value of making a currently scarce token on a notoriously unsecure eth platform?

[Raxitto]

that s not how things work around here...

and btw.... that escrow???

[logictense]

Yup this is what will overpass ethereum one day. Yes its shitty and made by an old single mom but look how much effort has been put into making everything fresh and shiny. Once things are finalized biterium will get back on track and nobody will complain about its shoddiness as nobody will see this more than once or twice unless u enjoy looking up newbie shit.

[kellendil]

Please dont even try this kind of scam,its embarrassing

[bitereum]

What it used for?

Any roadmap? Whitepaper?

What's your plan on how to use the funds you raise if ever you raise some? What's your target amount to raise?

And what will you do with unsold tokens?

No target amount to raise, all tokens are available for the public.

Remaining tokens we are planning to create a mining smart contract simulating the same bitcoin supply mechanism.

[Pap0u]

Should we start the lambo memes?

[sezyumx]

[termion]

Who will buying Bithereum? Banks? TRaderS/

Exchanges? Poloniex?

[bitereum]

Who will buying Bithereum? Banks? TRaderS/

Exchanges? Poloniex?

Anyone can use bitereum.

We will contact exchanges after the ICO period is over.

[MEMEX]

reserve indonesian translations sir
thank you

[mm2543363588]

Who will buying Bithereum? Banks? TRaderS/

Exchanges? Poloniex?

Anyone can use bitereum.

We will contact exchanges after the ICO period is over.

any bounty dev?

[bitcub]

Do you have bounties for this?

[altseeker]

Why there is no pre-annoucement and what's the rush with this ICO?

[JariKriting]

if you want succes in ico selling, youre must good team and good design youre thread
and detail thread, roadmap, plan project you can work, dev team, use escrow
if only create thread , only write addres collect ethereum coin, is never investor interest buy youre coin

[blg42598]

If it was simply bitcoin on ethereum then there would be no ICO just like BTC.

[abvhiael]

id like to see the contract code for both the tokens (you can verify and publish your code, not just bytecode and opcodes at the etherscan page for your token: https://etherscan.io/address/0xb4b47e3dd06b5418ec3e5f3e52f72fffce5a9e68#code) and for the "mining contract" that you intend to release, or at least some mechanism as to how you plan to simulate mining using a smart contract on the EVM.

you are a little short on details here, and as a token contract hoping for investors to what is likely a simple ERC20 token. how will your mining contract interact with the token contract? where is your github repo?

you have a good idea, but presently you havent shown any details whatsoever on how you want to get where you are going, or even what it is, exactly, that you are trying to build. if you are hoping to set up mining similar to bitcoin's minting curve, then you should choose a smaller ICO release of currency, in the 1,000,000 range at most, and build your contract to simulate conditions of mining to perpetuate release of timed "block rewards" off of the remaining amount, which would need to be set to zero ownership past the premined ICO offering, to prevent anyone (including you or your development team) from simply taking the tokens before they are minted. to make a currency like that fair you would have to remove yourself from ownership past your intiial release, and then participate equally in the decentralized "pseudo-mining" process along with everyone else.

presently, you have zero roadmap and no plan. your tokens are built, id put away the ICO until you have an idea behind how to create a smart contract to simulate  mining on the EVM and then release again with some code behind you. otherwise, you are setting yourself up for a situation where you cant deliver and you have a lot of angry people after you because they have lost money on your project ICO.

honestly, with the way you are set up now, i cant see you getting many takers. build a team and an idea behind "BITEREUM", justify its use and existence and you will have much more luck in getting your project off the ground. i wish you the best of luck, as smart contracts are fulfilling and frustrating usually at the very same time.

[bitereum]

ICO Prices are now updated, old prices:

Phase 1: From April 10 to April 13: 1% of bitcoin price
Phase 2: From April 14 to April 17: 10% of bitcoin price
Phase 3: From April 18 to April 24: 40% of bitcoin price
Phase 4: From April 25 to May 10: 90% of bitcoin price

New Prices:

ICO Token Price
Phase 1: From April 10 to April 15: 0.001% of bitcoin price
Phase 2: From April 16 to April 20: 0.01% of bitcoin price
Phase 3: From April 21 to April 24: 0.1% of bitcoin price
Phase 4: From April 25 to April 27: 10% of bitcoin price
Phase 5: From April 28 to April 29: 20% of bitcoin price
Phase 6: April 30: 30% of bitcoin price
Phase 7: From May 01 to May 02: 40% of bitcoin price
Phase 8: From May 03 to May 05: 50% of bitcoin price
Phase 9: From May 06 to May 09: 70% of bitcoin price
Phase 10: May 10: 90% of bitcoin price

Example:
Phase 1: if you invest $100 and bitcoin price is $1200 you will get 8333.333333 BTE
Phase 2: if you invest $100 and bitcoin price is $1200 you will get 833.3333333 BTE
Phase 3: if you invest $100 and bitcoin price is $1200 you will get 83.33333333 BTE
Phase 4: if you invest $100 and bitcoin price is $1200 you will get 0.833333333 BTE
Phase 5: if you invest $100 and bitcoin price is $1200 you will get 0.416666667 BTE
Phase 6: if you invest $100 and bitcoin price is $1200 you will get 0.277777778 BTE
Phase 7: if you invest $100 and bitcoin price is $1200 you will get 0.208333333 BTE
Phase 8: if you invest $100 and bitcoin price is $1200 you will get 0.166666667 BTE
Phase 9: if you invest $100 and bitcoin price is $1200 you will get 0.119047619 BTE
Phase 10: if you invest $100 and bitcoin price is $1200 you will get 0.092592593 BTE

[ekoja]

Dev:" I have a shity token costing me several dollar. Give me your money!"


Scam warning!