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Author Topic: [ANN][Main] Bitcore- BTX - Partnership with JAXX and Magnum Wallet!  (Read 659451 times)
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October 07, 2018, 06:52:18 PM
 #19421

The fall in prices is very large, when compared with the leading cryptocurrencies. I think BTX is undervalued. But we need to wait for the rise of the entire market, one BTX will not be able to make a breakthrough.
On the contrary, Bitcore was very overvalued and pumped in connection with airdrop and Bitcoin pump. But I do not think that the price will return to the level of 40 dollars. This can only happen if btcoin reaches a price above $ 30,000.

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uralcryptocoin
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October 07, 2018, 07:01:50 PM
 #19422

The fall in prices is very large, when compared with the leading cryptocurrencies. I think BTX is undervalued. But we need to wait for the rise of the entire market, one BTX will not be able to make a breakthrough.
Well, if the alts market is still falling, then the level of electrical energy costs will soon be in cheap regions. But BTX is not profitable at all, why mine and sell it, this question has been tormenting me for more than a month.


For the ordinary users with electricity cost above 0.1$ per kWh GPU mining already nonprofitable. So current situation is very similar the later 2014 and 2015 year in cryptomining.
About the question: "why someone mine and sell BTX now?" Unfortunatelly we can't see the whole picture. It could be that early BTX miners-investors sell because of they practically reach non-loss level. It also could be private BTX miner with better hashrate. Or smth else. Who knows...

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October 07, 2018, 08:54:35 PM
 #19423

About the question: "why someone mine and sell BTX now?" Unfortunatelly we can't see the whole picture. It could be that early BTX miners-investors sell because of they practically reach non-loss level. It also could be private BTX miner with better hashrate. Or smth else. Who knows...
FPGA. Though I could not imagine any nerd skilled enough waste his time on creating a bitstream for TimeTravel10, to mine and dump an illiquid altcoin that is traded solely on Cryptopia and sets ATL every day.
FPGA and professional ASIC miners don't care about "muh narrative, muh decentralization, muh technology". Well, they fare better than holders and traders that did not realize timely on what phase of the market cycle they are.

Edit: sorry, BTX is traded on other markets as well. I was thinking about another mineable Cryptopia altcoin (sole market reference).

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October 08, 2018, 10:57:05 AM
 #19424

The fall in prices is very large, when compared with the leading cryptocurrencies. I think BTX is undervalued. But we need to wait for the rise of the entire market, one BTX will not be able to make a breakthrough.
Well, if the alts market is still falling, then the level of electrical energy costs will soon be in cheap regions. But BTX is not profitable at all, why mine and sell it, this question has been tormenting me for more than a month.


For the ordinary users with electricity cost above 0.1$ per kWh GPU mining already nonprofitable. So current situation is very similar the later 2014 and 2015 year in cryptomining.
About the question: "why someone mine and sell BTX now?" Unfortunatelly we can't see the whole picture. It could be that early BTX miners-investors sell because of they practically reach non-loss level. It also could be private BTX miner with better hashrate. Or smth else. Who knows...
Why do you exclude the possibility that community members sell their coins at a loss? This often happens on a long fall in price.
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October 08, 2018, 03:55:25 PM
Last edit: October 08, 2018, 07:08:13 PM by drays
 #19425

Can anybody explain top wallet income
https://chainz.cryptoid.info/btx/address.dws?6363903.htm
+50coins each ~5minutes. What is it?

i think this address is the wallet of one miner, and he has huge hashrates. So 50BTX is the his rewards.
It looks like of botnet working.

BTX current block reward is 3.125 BTX, with blocks coming once per 1-2 minutes now. It means any miner (regardless of hashrate) can get no more than 16 BTX each 5 minutes (in average). So 50BTX each 5 minutes cannot be miner rewards.
It is something different. Any idea who is the top wallet? Cryptopia, or someone else?
I guess the devs should know what this is all about..

... this space is not for rent ...
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October 08, 2018, 06:18:44 PM
 #19426

How long will it take for the transaction during tokens purchase on ICO? With the help of bitcoin or ethereum?

Wtf are you talking about? Is this spammers stampede all over again? Only on this page I see 4 spam replies!
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October 08, 2018, 06:24:21 PM
Merited by Dubrovin (5)
 #19427

....
Why do you exclude the possibility that community members sell their coins at a loss? This often happens on a long fall in price.

It's also possible. I don't exclude anything. But for me selling now is unacceptable.
I hold BTX from Dec'2017. Could I fix the loss and rebuy at lower levels? Of course, yes. There were tons of possibilities to do that. At level of 8$, 5$, 2$. However I didn't do that. Why?
I've no an answer. But now I will hold BTX till 50-100$ or till it will gone to nowhere.

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October 08, 2018, 07:13:03 PM
 #19428

....
Why do you exclude the possibility that community members sell their coins at a loss? This often happens on a long fall in price.

It's also possible. I don't exclude anything. But for me selling now is unacceptable.
I hold BTX from Dec'2017. Could I fix the loss and rebuy at lower levels? Of course, yes. There were tons of possibilities to do that. At level of 8$, 5$, 2$. However I didn't do that. Why?
I've no an answer. But now I will hold BTX till 50-100$ or till it will gone to nowhere.
50-100$... i like it Smiley
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October 08, 2018, 07:40:29 PM
Last edit: October 08, 2018, 09:13:38 PM by dgcarlosleon
 #19429


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October 09, 2018, 02:35:04 AM
 #19430

Can anybody explain top wallet income
https://chainz.cryptoid.info/btx/address.dws?6363903.htm
+50coins each ~5minutes. What is it?

i think this address is the wallet of one miner, and he has huge hashrates. So 50BTX is the his rewards.
It looks like of botnet working.

BTX current block reward is 3.125 BTX, with blocks coming once per 1-2 minutes now. It means any miner (regardless of hashrate) can get no more than 16 BTX each 5 minutes (in average). So 50BTX each 5 minutes cannot be miner rewards.
It is something different. Any idea who is the top wallet? Cryptopia, or someone else?
I guess the devs should know what this is all about..

... poker chips? btxm credits?
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October 09, 2018, 04:07:36 AM
 #19431

I don't find whitepaper, where is it?

Well I found the whitepaper here: https://bitcore.cc/Bitcore_Whitepaper.pdf




And on page 15 under 3.2.5 Lightning Network Compatibility, the mention of "smart contract functionality" called my atention.

How do we use that smart contract functionality on bitcore, It should be the focus of the bitcore team to show how to use it, that would put bitcore back on the top 100 cryptos again!

"SMART CONTRACTS"!!! 

If smart contracts functionality is not yet available on the bitcore blockchain it should be the main focus of the bitcore development team!
If already available, the manuals and interfaces to develop and use them should be priority!


Any info on that anyone?
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October 09, 2018, 08:39:43 PM
 #19432

DEVS you really let this coin to die?! NO marketing at all ..no good exchange to get traction and increase the sale volume
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October 09, 2018, 10:14:25 PM
 #19433

I don't find whitepaper, where is it?

Well I found the whitepaper here: https://bitcore.cc/Bitcore_Whitepaper.pdf




And on page 15 under 3.2.5 Lightning Network Compatibility, the mention of "smart contract functionality" called my atention.

How do we use that smart contract functionality on bitcore, It should be the focus of the bitcore team to show how to use it, that would put bitcore back on the top 100 cryptos again!

"SMART CONTRACTS"!!! 

If smart contracts functionality is not yet available on the bitcore blockchain it should be the main focus of the bitcore development team!
If already available, the manuals and interfaces to develop and use them should be priority!


Any info on that anyone?

..... somewhere in an interview or paper , one of the team talk about Lightning Network is in the Bitcore CORE , and if wanted
can be enabled easily , if its scaling your looking at look at the wallet view of BTX vs PHOTONS and look how small the transactions cost can be .... when placed with micro transactions fees , there are more than enough units in 1 BTX in photons to accommodate a lot ? thoughts ...?
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October 10, 2018, 08:52:29 AM
 #19434

You could choose any reason you like or all of them:
1. Bearish market in crypto
2. Lack of enough liquidity market
3. Lack of buyers
4. Not obvious progress of BTX development
5. Despair period in BTX price cycle
All these are effects, not causes.
The real cause:
This shitcoin was distributed for free to Bitcoin holders, and further airdropped to registered Bitcore holders. Increasing selling pressure in the absence of a use-driven demand.
Byteball and Bitcore are siblings - bottomless shitcoins with interesting technology ideas and absolutely no reason for holding.

PoW mining does not make Bitcore any more valuable - the share of mining reward to existing supply is very low, rational miners don't hold coins below their average cost of mining - they dump them.

Yeah, I am salty about the price...

i think the perception of the "absence of a use-driven demand" is the issue. Many people are not aware of the places where bitcore can be spent :

1. Living Room of Satoshi ( https://livingroomofsatoshi.com/ ) . for paying bills in australia.
2. KAMoney ( https://www.kamoney.com.br/ ) . for paying bills in brazil.
3. LuckyGames ( https://luckygames.io/ ) . for gambling online in a form other than investing in crypto Wink
4. Games4Coins ( https://www.games4coins.com/ ) . for playing Steam video games

most importantly, in my opinion, is this bitcointalk post from earlier today which reveals a javascript API that merchants can use to have people pay for items in BTX : https://bitcointalk.org/index.php?topic=1883902.msg46427355#msg46427355 . the API to use is here : https://insight.bitcore.cc/api

getting merchants to adopt this API, which would result in increasing the list above of the sites which accept BTX as payment, is the key to changing the perception of the absence of a use-driven demand. This gives people a reason for "spending" BTX, which may or may not give you enough reason for "holding" BTX, depending on how large the above list grows over time.

quoting from https://bitcore.cc/the-simplest-bitcore-wallet/ :
Commerce would grind to a half if people had to wait an hour after initiating a payment for confirmation before they could receive goods or services. After all, people often complain about having to wait a few seconds for chip – based credit cards to process in the line at the grocery store. Because of technical features of Bitcore, it is worth adding Bitcore as a payment option if you run an e-commerce store, bill payment center,
online game center and more. Because BTX provides users with a low cost and rapid solution for digital payments. As well as this rapid solution, TSBW provides simple and rapid access to your wallet. Several reputable companies already include Bitcore payment options, and the number is growing.


Well, forget the use for gambling - every coin at some point is boasting about it being available for gambling - and also the other uses you are listing are quite risible. There is still way to go before rightfully claiming that there is an actual use in owning BTX.

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October 10, 2018, 01:17:26 PM
 #19435

DEVS you really let this coin to die?! NO marketing at all ..no good exchange to get traction and increase the sale volume
Do you think that pia,cb and other is not enough good? Don't tell me that you ask when binance? and do you think get listed Will get rise volume? I don't think so cause a lot coin in binance get small volume to...and i heard to that binance Will delisted 4 coin....
For me the more important is that btx has real value it can use for payment in real life? How many coin like this that can really payment in real life? Only a few....

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October 10, 2018, 01:45:56 PM
 #19436

There are volumes on the market, although everyone would like them to be bigger. Next month 60 coins will remove  from Cryptopia, but there are completely useless coins there. I hope this never happens to our coin.
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October 10, 2018, 02:31:50 PM
 #19437

why the volume of this coin is so low?
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October 10, 2018, 02:35:57 PM
 #19438

There are volumes on the market, although everyone would like them to be bigger. Next month 60 coins will remove  from Cryptopia, but there are completely useless coins there. I hope this never happens to our coin.
BitCore will not be a useless coin at any point of time since its beginning.
So, I don't think that Cryptopia exchange will delist the coin on their platform next month.
Low volume is very popular for most altcoin within recent months, not only BitCore.
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October 10, 2018, 02:47:35 PM
 #19439

There are volumes on the market, although everyone would like them to be bigger. Next month 60 coins will remove  from Cryptopia, but there are completely useless coins there. I hope this never happens to our coin.
BitCore will not be a useless coin at any point of time since its beginning.
So, I don't think that Cryptopia exchange will delist the coin on their platform next month.
Low volume is very popular for most altcoin within recent months, not only BitCore.

Not only Cryptopia but other exchanges are also delisting coins that are of low volume and that are no longer satisfying their criteria for being listed. This will be an opportunity to many new and old coins that are bringing innovation to cryptocurrency.

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October 10, 2018, 10:13:59 PM
 #19440

Indacoin?Never heard of it  Roll Eyes Coin is dying due to low liquidity and price action.
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