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Author Topic: [ANN][Main] Bitcore- BTX - New algo is online!  (Read 713543 times)
cryptopt
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April 04, 2018, 11:13:07 PM
 #15281

In a few months BTX at 150$ each guys, just chill
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April 04, 2018, 11:20:50 PM
 #15282

I stand on the sidelines, but if you profited nearly 300+K in just a couple of months on the project, continue to stay around and rub it in, and shill out your own ideas that point towards a different system, then it sounds like you're not a positive influence for Bitcore.

That's like a disgruntled person getting fired or quitting their job and then hanging around the place continuing to try and benefit off the traffic and publicity.  Swaying business their direction and using status to steal followers.

That's shady business in my parts.

I mean, it sounds like they let you in, gave you a generous amount, then you jumped out for profit, blew the whistle to cover tracks, and now feel entitled to stay around and play up your own system.

No way...

This is about BTX and the coin called Bitcore.

Not a place to fuel your next get rich quick endeavor.
gwestcot
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April 04, 2018, 11:33:28 PM
 #15283

I stand on the sidelines, but if you profited nearly 300+K in just a couple of months on the project, continue to stay around and rub it in, and shill out your own ideas that point towards a different system, then it sounds like you're not a positive influence for Bitcore.

That's like a disgruntled person getting fired or quitting their job and then hanging around the place continuing to try and benefit off the traffic and publicity.  Swaying business their direction and using status to steal followers.

That's shady business in my parts.

I mean, it sounds like they let you in, gave you a generous amount, then you jumped out for profit, blew the whistle to cover tracks, and now feel entitled to stay around and play up your own system.

No way...

This is about BTX and the coin called Bitcore.

Not a place to fuel your next get rich quick endeavor.

Hahaha no my entire profits weren't solely off of BTX. It was maybe about 1/3 or so of my portfolio. I did a TON of trading last year. Well I might not be a positive influence for Bitcore but I am trying to be a positive influence on the world as whole. Which one is greater? I am not trying to steal followers at all for an idea that hasn't even been executed yet. I am just excited enough to share it and see what people think of it. They did pay me but the majority of my BTX was still bought, mined, or airdropped to me. As far as the last point goes... This would be the opposite of a get rich scheme. It would maintain value and I would launch fairly with no premine or dev reward. If you really put your thinking hat on... Everything else in this space is about a get rich quick scheme. The system is almost designed to increase value by having a supply cap and block halvings. The rest is about creating demand to force prices in the upwards direction. You can hate me and critique me all you want but at least do it from a well thought out position. 
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April 04, 2018, 11:42:21 PM
 #15284

I stand on the sidelines, but if you profited nearly 300+K in just a couple of months on the project, continue to stay around and rub it in, and shill out your own ideas that point towards a different system, then it sounds like you're not a positive influence for Bitcore.

That's like a disgruntled person getting fired or quitting their job and then hanging around the place continuing to try and benefit off the traffic and publicity.  Swaying business their direction and using status to steal followers.

That's shady business in my parts.

I mean, it sounds like they let you in, gave you a generous amount, then you jumped out for profit, blew the whistle to cover tracks, and now feel entitled to stay around and play up your own system.

No way...

This is about BTX and the coin called Bitcore.

Not a place to fuel your next get rich quick endeavor.

Hahaha no my entire profits weren't solely off of BTX. It was maybe about 1/3 or so of my portfolio. I did a TON of trading last year. Well I might not be a positive influence for Bitcore but I am trying to be a positive influence on the world as whole. Which one is greater? I am not trying to steal followers at all for an idea that hasn't even been executed yet. I am just excited enough to share it and see what people think of it. They did pay me but the majority of my BTX was still bought, mined, or airdropped to me. As far as the last point goes... This would be the opposite of a get rich scheme. It would maintain value and I would launch fairly with no premine or dev reward. If you really put your thinking hat on... Everything else in this space is about a get rich quick scheme. The system is almost designed to increase value by having a supply cap and block halvings. The rest is about creating demand to force prices in the upwards direction. You can hate me and critique me all you want but at least do it from a well thought out position. 

Dude, no one cares about your idea or coin, or your criticism about the system here.  You are pretty much an ex-employee that still stands around trying to "make the world better"

May I suggest a place you can go express your thoughts and come up with the next big thing!

https://cryptoplayradio.com/

Yop is honestly one of a kind and will listen to all of your ideas!
gwestcot
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April 04, 2018, 11:51:15 PM
 #15285

I stand on the sidelines, but if you profited nearly 300+K in just a couple of months on the project, continue to stay around and rub it in, and shill out your own ideas that point towards a different system, then it sounds like you're not a positive influence for Bitcore.

That's like a disgruntled person getting fired or quitting their job and then hanging around the place continuing to try and benefit off the traffic and publicity.  Swaying business their direction and using status to steal followers.

That's shady business in my parts.

I mean, it sounds like they let you in, gave you a generous amount, then you jumped out for profit, blew the whistle to cover tracks, and now feel entitled to stay around and play up your own system.

No way...

This is about BTX and the coin called Bitcore.

Not a place to fuel your next get rich quick endeavor.

Hahaha no my entire profits weren't solely off of BTX. It was maybe about 1/3 or so of my portfolio. I did a TON of trading last year. Well I might not be a positive influence for Bitcore but I am trying to be a positive influence on the world as whole. Which one is greater? I am not trying to steal followers at all for an idea that hasn't even been executed yet. I am just excited enough to share it and see what people think of it. They did pay me but the majority of my BTX was still bought, mined, or airdropped to me. As far as the last point goes... This would be the opposite of a get rich scheme. It would maintain value and I would launch fairly with no premine or dev reward. If you really put your thinking hat on... Everything else in this space is about a get rich quick scheme. The system is almost designed to increase value by having a supply cap and block halvings. The rest is about creating demand to force prices in the upwards direction. You can hate me and critique me all you want but at least do it from a well thought out position. 

Dude, no one cares about your idea or coin, or your criticism about the system here.  You are pretty much an ex-employee that still stands around trying to "make the world better"

May I suggest a place you can go express your thoughts and come up with the next big thing!

https://cryptoplayradio.com/

Yop is honestly one of a kind and will listen to all of your ideas!

Haha well I wish you good luck but you might be stepping into the abyss on this one... There really aren't really "employees" in this space. At any rate, I will indeed create a thread specifically for critiquing and discussing my idea.  Grin
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April 05, 2018, 01:27:41 AM
 #15286

Please, please keep expressing your inner most sincere feelings, so that everyone can paint the psychological profile of an delusional ex soldier that wants to wage ______ on everything and suffering from _______.

How's the plan for your mega 20GHS farm for mining BTX by the way, you had the same conviction of making it real like you have now blabbering all this pseudo intellectuall BS that i just can't stomach.

 

I have 70 1080 TI’s built out in the last week or two but they are pointed at ravencoin. I can’t go bigger than that right now until I find a better location with more amperage. At any rate, attack my ideas but do refrain from speaking about my service. I am in the Air Force, work in engineering, and have not been on a single deployment to speak of. I am disgruntled but the cause is completely separate from my service entirely.
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April 05, 2018, 01:46:11 AM
 #15287

I'd like to salute you @Tarek for all that you do. You help spread awareness and you are always in a positive spirit, I love it. I'm hopeful now that we are closing in on the end of the airdrop to tell you the truth, I know fora fact that the btx team are working tirelessly to achieve everything that they want to achieve and I trust them, Great group of guys that are really good at what they are doing Smiley.

Seconded. And keeping the positive spirit is the most important thing we can do as a community, especially considering the current state of the market.


Well... There is a fine line between FUD and criticism. The same could be said for positivity and over exuberance. Don't forget to distinguish which is which.  Wink

I don't believe that what you are doing in this thread should be considered as FUD, I can appreciate your honest view of things as I believe both sides of a story has to be heard before anyone makes up their mind.

Haha well my criticisms these days have not been directed at BTX in specific but rather the entire setup of crypto in general. I am working on something huge that if it works will save this space and then we can call check to the banks and governments. I am only writing about it here and on telegram because I can hardly contain my excitement.  Grin

Hmm.. Now you've got me intrigued, please do share more when the time has come.. I always like new and different ideas when it comes to crypto Smiley.

Ill share the simple concept rather than the mechanism or algorithm I will use. My idea was that the major issue, ironically of course, with crypto is that it is doomed to be deflationary in nature. Deflation is just as bad as inflation so my idea was to stabilize the supply in relation to demand for the currency. More demand will mean more inflation to offset that demand. Less demand will mean deflation to offset the decrease in demand. All this would be done via algorithm and of course there would be no supply cap. If it were to stabilize things within a 10% range then we would have the first true decentralized currency instead of decentralized assets. Remember that there is no incentive to spend something that will only ever go up in price in the future given ample demand of course. Only the outliers of society will use such a thing out of beliefs rather than incentives. The masses will not adopt something that is unstable in valuation. Bitcoin and every crypto thereafter is currently unable to ever stabilize price. I suppose my algorithm would dissuade speculation to a great degree and it could potential be used as a reserve currency or the ultimate trading pair. It is basically USDT on steroids without being tied to a fiat currency or a third party. But I have a lot of work, research, and testing to see if it could actually work. But this would essentially be us calling check to governments and banks. Their main negative talking point about crypto is that it is unstable so if we remove those conditions then their criticisms start to look more petty. They will either bare the fangs and show everyone their true colors or they will capitulate and give us our economic freedom that we so much desire. Right now they can lie and claim they are protecting us from volatility. Anyways, I am not sure if this is a manifesto or a simple explanation but that's what I am working on.  Grin

I guess the primary problem is, that for "investors" no real value gets currently created. Having a crypto currency, like we have now quite a bunch, which only hopefully get some value through hodling, will not solve the problem. With e.g. POS some kind of dividend gets created (= short value), but this only works with a value of the crypto currency behind. It also opens the discussion above in terms of deflation and inflation and its balance. In other words, as long, no incentive and value creation gets generated by using the coins, it will be very, very hard for any crypto currency. Nobody wants to pay his pizza for one or two bitcores in the moment, as most dream about the story to be repeated like for bitcoin. This will not happen, if no real use case gets created. And for currencies, independend, whether tied to fiat money or not, they only can create their value, when they perform their "task", which is to manage transactions. Currently only miners gets rewarded (if balance is right of diffculty and costs) but not minting investors. This needs to be solved in my POV.

And in generally I believe, we have enough crypto currencies. Block chain technology can and will change our world. And tokens can help in engaging in the market. But I would actually like to see more ideas, how it can change our world through disruptive models to simplify processes and engagements.
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April 05, 2018, 02:01:31 AM
 #15288

Please, please keep expressing your inner most sincere feelings, so that everyone can paint the psychological profile of an delusional ex soldier that wants to wage ______ on everything and suffering from _______.

How's the plan for your mega 20GHS farm for mining BTX by the way, you had the same conviction of making it real like you have now blabbering all this pseudo intellectuall BS that i just can't stomach.

 

I have 70 1080 TI’s built out in the last week or two but they are pointed at ravencoin. I can’t go bigger than that right now until I find a better location with more amperage. At any rate, attack my ideas but do refrain from speaking about my service. I am in the Air Force, work in engineering, and have not been on a single deployment to speak of. I am disgruntled but the cause is completely separate from my service entirely.

ravencoin new algo looks interesting ~ also need your help with BitcoinInstant :-D thx bud BTX total waste...zzz greedy devs <===

#makebitcointalkgreatagain-_-*my posts are strictly for entertainment purposes only. It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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April 05, 2018, 02:05:28 AM
 #15289

I'd like to salute you @Tarek for all that you do. You help spread awareness and you are always in a positive spirit, I love it. I'm hopeful now that we are closing in on the end of the airdrop to tell you the truth, I know fora fact that the btx team are working tirelessly to achieve everything that they want to achieve and I trust them, Great group of guys that are really good at what they are doing Smiley.

Seconded. And keeping the positive spirit is the most important thing we can do as a community, especially considering the current state of the market.


Well... There is a fine line between FUD and criticism. The same could be said for positivity and over exuberance. Don't forget to distinguish which is which.  Wink

I don't believe that what you are doing in this thread should be considered as FUD, I can appreciate your honest view of things as I believe both sides of a story has to be heard before anyone makes up their mind.

Haha well my criticisms these days have not been directed at BTX in specific but rather the entire setup of crypto in general. I am working on something huge that if it works will save this space and then we can call check to the banks and governments. I am only writing about it here and on telegram because I can hardly contain my excitement.  Grin

Hmm.. Now you've got me intrigued, please do share more when the time has come.. I always like new and different ideas when it comes to crypto Smiley.

Ill share the simple concept rather than the mechanism or algorithm I will use. My idea was that the major issue, ironically of course, with crypto is that it is doomed to be deflationary in nature. Deflation is just as bad as inflation so my idea was to stabilize the supply in relation to demand for the currency. More demand will mean more inflation to offset that demand. Less demand will mean deflation to offset the decrease in demand. All this would be done via algorithm and of course there would be no supply cap. If it were to stabilize things within a 10% range then we would have the first true decentralized currency instead of decentralized assets. Remember that there is no incentive to spend something that will only ever go up in price in the future given ample demand of course. Only the outliers of society will use such a thing out of beliefs rather than incentives. The masses will not adopt something that is unstable in valuation. Bitcoin and every crypto thereafter is currently unable to ever stabilize price. I suppose my algorithm would dissuade speculation to a great degree and it could potential be used as a reserve currency or the ultimate trading pair. It is basically USDT on steroids without being tied to a fiat currency or a third party. But I have a lot of work, research, and testing to see if it could actually work. But this would essentially be us calling check to governments and banks. Their main negative talking point about crypto is that it is unstable so if we remove those conditions then their criticisms start to look more petty. They will either bare the fangs and show everyone their true colors or they will capitulate and give us our economic freedom that we so much desire. Right now they can lie and claim they are protecting us from volatility. Anyways, I am not sure if this is a manifesto or a simple explanation but that's what I am working on.  Grin

I guess the primary problem is, that for "investors" no real value gets currently created. Having a crypto currency, like we have now quite a bunch, which only hopefully get some value through hodling, will not solve the problem. With e.g. POS some kind of dividend gets created (= short value), but this only works with a value of the crypto currency behind. It also opens the discussion above in terms of deflation and inflation and its balance. In other words, as long, no incentive and value creation gets generated by using the coins, it will be very, very hard for any crypto currency. Nobody wants to pay his pizza for one or two bitcores in the moment, as most dream about the story to be repeated like for bitcoin. This will not happen, if no real use case gets created. And for currencies, independend, whether tied to fiat money or not, they only can create their value, when they perform their "task", which is to manage transactions. Currently only miners gets rewarded (if balance is right of diffculty and costs) but not minting investors. This needs to be solved in my POV.

And in generally I believe, we have enough crypto currencies. Block chain technology can and will change our world. And tokens can help in engaging in the market. But I would actually like to see more ideas, how it can change our world through disruptive models to simplify processes and engagements.

I mostly agree with everything you have stated. I am far more sold on the idea of smart contracts and tokens than anything we currently have in this space actually ever fulfilling the role of a global currency.
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April 05, 2018, 02:19:48 AM
 #15290

I'd like to salute you @Tarek for all that you do. You help spread awareness and you are always in a positive spirit, I love it. I'm hopeful now that we are closing in on the end of the airdrop to tell you the truth, I know fora fact that the btx team are working tirelessly to achieve everything that they want to achieve and I trust them, Great group of guys that are really good at what they are doing Smiley.

Seconded. And keeping the positive spirit is the most important thing we can do as a community, especially considering the current state of the market.


Well... There is a fine line between FUD and criticism. The same could be said for positivity and over exuberance. Don't forget to distinguish which is which.  Wink

I don't believe that what you are doing in this thread should be considered as FUD, I can appreciate your honest view of things as I believe both sides of a story has to be heard before anyone makes up their mind.

Haha well my criticisms these days have not been directed at BTX in specific but rather the entire setup of crypto in general. I am working on something huge that if it works will save this space and then we can call check to the banks and governments. I am only writing about it here and on telegram because I can hardly contain my excitement.  Grin

Hmm.. Now you've got me intrigued, please do share more when the time has come.. I always like new and different ideas when it comes to crypto Smiley.

Ill share the simple concept rather than the mechanism or algorithm I will use. My idea was that the major issue, ironically of course, with crypto is that it is doomed to be deflationary in nature. Deflation is just as bad as inflation so my idea was to stabilize the supply in relation to demand for the currency. More demand will mean more inflation to offset that demand. Less demand will mean deflation to offset the decrease in demand. All this would be done via algorithm and of course there would be no supply cap. If it were to stabilize things within a 10% range then we would have the first true decentralized currency instead of decentralized assets. Remember that there is no incentive to spend something that will only ever go up in price in the future given ample demand of course. Only the outliers of society will use such a thing out of beliefs rather than incentives. The masses will not adopt something that is unstable in valuation. Bitcoin and every crypto thereafter is currently unable to ever stabilize price. I suppose my algorithm would dissuade speculation to a great degree and it could potential be used as a reserve currency or the ultimate trading pair. It is basically USDT on steroids without being tied to a fiat currency or a third party. But I have a lot of work, research, and testing to see if it could actually work. But this would essentially be us calling check to governments and banks. Their main negative talking point about crypto is that it is unstable so if we remove those conditions then their criticisms start to look more petty. They will either bare the fangs and show everyone their true colors or they will capitulate and give us our economic freedom that we so much desire. Right now they can lie and claim they are protecting us from volatility. Anyways, I am not sure if this is a manifesto or a simple explanation but that's what I am working on.  Grin

I guess the primary problem is, that for "investors" no real value gets currently created. Having a crypto currency, like we have now quite a bunch, which only hopefully get some value through hodling, will not solve the problem. With e.g. POS some kind of dividend gets created (= short value), but this only works with a value of the crypto currency behind. It also opens the discussion above in terms of deflation and inflation and its balance. In other words, as long, no incentive and value creation gets generated by using the coins, it will be very, very hard for any crypto currency. Nobody wants to pay his pizza for one or two bitcores in the moment, as most dream about the story to be repeated like for bitcoin. This will not happen, if no real use case gets created. And for currencies, independend, whether tied to fiat money or not, they only can create their value, when they perform their "task", which is to manage transactions. Currently only miners gets rewarded (if balance is right of diffculty and costs) but not minting investors. This needs to be solved in my POV.

And in generally I believe, we have enough crypto currencies. Block chain technology can and will change our world. And tokens can help in engaging in the market. But I would actually like to see more ideas, how it can change our world through disruptive models to simplify processes and engagements.

I mostly agree with everything you have stated. I am far more sold on the idea of smart contracts and tokens than anything we currently have in this space actually ever fulfilling the role of a global currency.

Not sure the goal should be a global currency. It also most probably will not happen, for different reasons. But some cryptos may perform the task of "money" transactions seriously. But first we also will need to find a way, that people are willing to initiate those transactions broadly. And yes, smart contracts are opening a lot more in terms of potential use cases beside of "money" transactions. Again, I hope I can read more about such future use cases in this forum.
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April 05, 2018, 02:23:08 AM
 #15291

Well they will only fulfill that role if they are setup within the parameters of sound economic thinking. One of the main problems I see in this space is that it has all of the brightest tech guys but almost no business minded or economic minded individuals.
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April 05, 2018, 02:26:43 AM
 #15292


Don't forget to vote on these two exchanges! Nextexchange needs online 300 votes more for a free listing

Nextexchange
Lescovex
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April 05, 2018, 02:27:48 AM
 #15293

Well they will only fulfill that role if they are setup within the parameters of sound economic thinking. One of the main problems I see in this space is that it has all of the brightest tech guys but almost no business minded or economic minded individuals.

Could not agree more on this one  Wink
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April 05, 2018, 03:23:38 AM
Last edit: April 05, 2018, 03:48:46 AM by ULF
 #15294

Please, please keep expressing your inner most sincere feelings, so that everyone can paint the psychological profile of an delusional ex soldier that wants to wage ______ on everything and suffering from _______.

How's the plan for your mega 20GHS farm for mining BTX by the way, you had the same conviction of making it real like you have now blabbering all this pseudo intellectuall BS that i just can't stomach.

 
         Is it important to you?
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April 05, 2018, 04:28:42 AM
 #15295


Don't forget to vote on these two exchanges! Nextexchange needs online 300 votes more for a free listing

Nextexchange
Lescovex

Just upvoted by me.  Smiley
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April 05, 2018, 06:38:38 AM
 #15296

I'd like to salute you @Tarek for all that you do. You help spread awareness and you are always in a positive spirit, I love it. I'm hopeful now that we are closing in on the end of the airdrop to tell you the truth, I know fora fact that the btx team are working tirelessly to achieve everything that they want to achieve and I trust them, Great group of guys that are really good at what they are doing Smiley.

Seconded. And keeping the positive spirit is the most important thing we can do as a community, especially considering the current state of the market.


Well... There is a fine line between FUD and criticism. The same could be said for positivity and over exuberance. Don't forget to distinguish which is which.  Wink

I don't believe that what you are doing in this thread should be considered as FUD, I can appreciate your honest view of things as I believe both sides of a story has to be heard before anyone makes up their mind.

Haha well my criticisms these days have not been directed at BTX in specific but rather the entire setup of crypto in general. I am working on something huge that if it works will save this space and then we can call check to the banks and governments. I am only writing about it here and on telegram because I can hardly contain my excitement.  Grin

Hmm.. Now you've got me intrigued, please do share more when the time has come.. I always like new and different ideas when it comes to crypto Smiley.

Ill share the simple concept rather than the mechanism or algorithm I will use. My idea was that the major issue, ironically of course, with crypto is that it is doomed to be deflationary in nature. Deflation is just as bad as inflation so my idea was to stabilize the supply in relation to demand for the currency. More demand will mean more inflation to offset that demand. Less demand will mean deflation to offset the decrease in demand. All this would be done via algorithm and of course there would be no supply cap. If it were to stabilize things within a 10% range then we would have the first true decentralized currency instead of decentralized assets. Remember that there is no incentive to spend something that will only ever go up in price in the future given ample demand of course. Only the outliers of society will use such a thing out of beliefs rather than incentives. The masses will not adopt something that is unstable in valuation. Bitcoin and every crypto thereafter is currently unable to ever stabilize price. I suppose my algorithm would dissuade speculation to a great degree and it could potential be used as a reserve currency or the ultimate trading pair. It is basically USDT on steroids without being tied to a fiat currency or a third party. But I have a lot of work, research, and testing to see if it could actually work. But this would essentially be us calling check to governments and banks. Their main negative talking point about crypto is that it is unstable so if we remove those conditions then their criticisms start to look more petty. They will either bare the fangs and show everyone their true colors or they will capitulate and give us our economic freedom that we so much desire. Right now they can lie and claim they are protecting us from volatility. Anyways, I am not sure if this is a manifesto or a simple explanation but that's what I am working on.  Grin

I have never heard bigger bullshit than this one I mean trying to artifically circumvent the equilibrium.
'stabilize the supply in relation to demand for the currency' what a scam lol.
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April 05, 2018, 06:43:29 AM
 #15297

I stand on the sidelines, but if you profited nearly 300+K in just a couple of months on the project, continue to stay around and rub it in, and shill out your own ideas that point towards a different system, then it sounds like you're not a positive influence for Bitcore.

That's like a disgruntled person getting fired or quitting their job and then hanging around the place continuing to try and benefit off the traffic and publicity.  Swaying business their direction and using status to steal followers.

That's shady business in my parts.

I mean, it sounds like they let you in, gave you a generous amount, then you jumped out for profit, blew the whistle to cover tracks, and now feel entitled to stay around and play up your own system.

No way...

This is about BTX and the coin called Bitcore.

Not a place to fuel your next get rich quick endeavor.

Hahaha no my entire profits weren't solely off of BTX. It was maybe about 1/3 or so of my portfolio. I did a TON of trading last year. Well I might not be a positive influence for Bitcore but I am trying to be a positive influence on the world as whole. Which one is greater? I am not trying to steal followers at all for an idea that hasn't even been executed yet. I am just excited enough to share it and see what people think of it. They did pay me but the majority of my BTX was still bought, mined, or airdropped to me. As far as the last point goes... This would be the opposite of a get rich scheme. It would maintain value and I would launch fairly with no premine or dev reward. If you really put your thinking hat on... Everything else in this space is about a get rich quick scheme. The system is almost designed to increase value by having a supply cap and block halvings. The rest is about creating demand to force prices in the upwards direction. You can hate me and critique me all you want but at least do it from a well thought out position. 

Dude, no one cares about your idea or coin, or your criticism about the system here.  You are pretty much an ex-employee that still stands around trying to "make the world better"

May I suggest a place you can go express your thoughts and come up with the next big thing!

https://cryptoplayradio.com/

Yop is honestly one of a kind and will listen to all of your ideas!

Haha well I wish you good luck but you might be stepping into the abyss on this one... There really aren't really "employees" in this space. At any rate, I will indeed create a thread specifically for critiquing and discussing my idea.  Grin

Yes, I think you should really start your own ANN or (pre-ANN). Prepare a detailed description of your idea, or perhaps a draft of a whitepaper, so people can comment and/or contribute.
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April 05, 2018, 08:30:45 AM
 #15298

In a few months BTX at 150$ each guys, just chill
I always love to read this when drinking coffee in the morning. I imagine your TA skills and magical powers were in place when you did your prediction!
/s

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April 05, 2018, 11:38:04 AM
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I'd like to salute you @Tarek for all that you do. You help spread awareness and you are always in a positive spirit, I love it. I'm hopeful now that we are closing in on the end of the airdrop to tell you the truth, I know fora fact that the btx team are working tirelessly to achieve everything that they want to achieve and I trust them, Great group of guys that are really good at what they are doing Smiley.

Seconded. And keeping the positive spirit is the most important thing we can do as a community, especially considering the current state of the market.


Well... There is a fine line between FUD and criticism. The same could be said for positivity and over exuberance. Don't forget to distinguish which is which.  Wink

I don't believe that what you are doing in this thread should be considered as FUD, I can appreciate your honest view of things as I believe both sides of a story has to be heard before anyone makes up their mind.

Haha well my criticisms these days have not been directed at BTX in specific but rather the entire setup of crypto in general. I am working on something huge that if it works will save this space and then we can call check to the banks and governments. I am only writing about it here and on telegram because I can hardly contain my excitement.  Grin

Hmm.. Now you've got me intrigued, please do share more when the time has come.. I always like new and different ideas when it comes to crypto Smiley.

Ill share the simple concept rather than the mechanism or algorithm I will use. My idea was that the major issue, ironically of course, with crypto is that it is doomed to be deflationary in nature. Deflation is just as bad as inflation so my idea was to stabilize the supply in relation to demand for the currency. More demand will mean more inflation to offset that demand. Less demand will mean deflation to offset the decrease in demand. All this would be done via algorithm and of course there would be no supply cap. If it were to stabilize things within a 10% range then we would have the first true decentralized currency instead of decentralized assets. Remember that there is no incentive to spend something that will only ever go up in price in the future given ample demand of course. Only the outliers of society will use such a thing out of beliefs rather than incentives. The masses will not adopt something that is unstable in valuation. Bitcoin and every crypto thereafter is currently unable to ever stabilize price. I suppose my algorithm would dissuade speculation to a great degree and it could potential be used as a reserve currency or the ultimate trading pair. It is basically USDT on steroids without being tied to a fiat currency or a third party. But I have a lot of work, research, and testing to see if it could actually work. But this would essentially be us calling check to governments and banks. Their main negative talking point about crypto is that it is unstable so if we remove those conditions then their criticisms start to look more petty. They will either bare the fangs and show everyone their true colors or they will capitulate and give us our economic freedom that we so much desire. Right now they can lie and claim they are protecting us from volatility. Anyways, I am not sure if this is a manifesto or a simple explanation but that's what I am working on.  Grin

I have never heard bigger bullshit than this one I mean trying to artifically circumvent the equilibrium.
'stabilize the supply in relation to demand for the currency' what a scam lol.

It's definitely possible but very very difficult. Maybe using something like the delta between Bitcoin days died would work or maybe something along those lines.  Wink At any rate, the upwards pressure in price is definitely more of a bad thing than a good thing for a functioning currency. However, It is great as a speculative investment tool. I realize that maintaining the peg is difficult to do in a decentralized manner but the fact that it has not even been tried is interesting.
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April 05, 2018, 11:39:20 AM
Last edit: April 05, 2018, 12:07:11 PM by gwestcot
 #15300

In a few months BTX at 150$ each guys, just chill
I always love to read this when drinking coffee in the morning. I imagine your TA skills and magical powers were in place when you did your prediction!
/s


Ya there is nothing to suggest that will happen anytime soon. I really do believe that we are heading down into the 3/4k Bitcoin at some point here in the new future. The downtrend channel is still very much so intact so that will drag all altcoins down to an even greater degree. 
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