[ANN][Main] Bitcore- BTX - 1:1 Backed BSC Bridge BTX <->SBTX

[marco89]

I am open for every fair solution.
Kind Regards Christian

1 - you will also cut out the mining address and exchanger addresses.

Just because I'm curious, why do you wanna cut out mining addresses?

because mining is in hands of few people with big rigs...
normal users with normal gpu can not afford mining of this coin...
and miners can simply move coins from mining address to an other every X coins.
i don't think they will have problems to do a simple action like this.

[minestro]

I am open for every fair solution.
Kind Regards Christian

1 - you will also cut out the mining address and exchanger addresses.

Just because I'm curious, why do you wanna cut out mining addresses?

because mining is in hands of few people with big rigs...
normal users with normal gpu can not afford mining of this coin...
and miners can simply move coins from mining address to an other every X coins.
i don't think they will have problems to do a simple action like this.

All this assuming the "no transaction since"-limit is set to Y days.
Yes, and thats the problem. If you mine in a week less than X coins you're going to be cut out of the drops happening at in two times Y days. The big rig miners won't have a problem with that because the only thing they'll lose is one drop. I don't really see the miners as a problem. Because you need them and mining & holding must be "more" attractive then other coins. If it is not, the Hashpower just goes away or the miners are dropping their btx directly after mining.
It's quite a difficult decision und you can't be everybody's darling.

[marco89]

It's quite a difficult decision und you can't be everybody's darling.

trust me. a little miner (like me) got only 0.1-1 BTX in 1-2 weeks...
so what is the sense of it?
they can mine other coins and than excanging for BTX. (it's cheaper and faster)
and real miner with many MH/s-GH/s won't die for that and they simply can move balance every X days.
if you want to cut out exchanger and unfair people i am sure this will be a nice solution.
we could make a voting. and i am sure that little users will agree with me (and i am sure also bigger users)

for who think i say this only for my own interest consider that i'm a medium user with a medium balance
i tried mining btx (with medium devices) and it was a waste of time/money.
i am getting more btx mining Aeon/Xmr reselling them for BTX so i know what i'm talking.
and in this way you increase the exchanging request because people want to store much more coin possible.

[CryptoRobert]

I am open for every fair solution.
Kind Regards Christian

as said in previous post an idea for giveaway could be to give a % of BTX to all wallet that have a minimum of X BTX (i.e. 30 btx) but with the particular condition of no transactions in last 10/15 days.
in this way:
1- you will also cut out the mining address and exchanger addresses.
2- the request (and price) will increase because people will store as many btx as possible to get the %.
3- attract new user because the dev is assuring (or anyway tring to assure) a fair play system for giveaway.
4- you will cut out the shitty splitters that made transaction only for the giveaway in the last minutes/hours
so if someone collect some btx (suppose 50-100) he will store them in a new address (avoiding to wait 10/15 more days transferring to his main address)

and for who say that waiting the 10 days could be a negative thing consider that it is a negative thing for all (and let's say... is it really so much waiting 10/15 days?)

1. No-transaction limit is completely in contraddiction of the reason to be of a coin, ie to be used.
2. With No-transaction limit whales would just split once and then never move their coins again and get new coins every week
3. No clear why there should be a limit of 30BTX

However, if you want to motivate people to have more coins you could introduce a progressive return, ie people with more coins receive more than the ones with less (make the rich richer) - but expanding the user base is even more important, so i think something should be given also to people who rank lower than top 1000

[minestro]

trust me. a little miner (like me) got only 0.1-1 BTX in 1-2 weeks...
so what is the sense of it?
they can mine other coins and than excanging for BTX. (it's cheaper and faster)
and real miner with many MH/s-GH/s won't die for that and they simply can move balance every X days.
if you want to cut out exchanger and unfair people i am sure this will be a nice solution.
we could make a voting. and i am sure that little users will agree with me (and i am sure also bigger users)

for who think i say this only for my own interest consider that i'm a medium user with a medium balance
i tried mining btx (with medium devices) and it was a waste of time/money.
i am getting more btx mining Aeon/Xmr reselling them for BTX so i know what i'm talking.
and in this way you increase the exchanging request because people want to store much more coin possible.

Ok, this is really damn small. I thought from my perspetice with 1 x GTI 1080 Ti in my gaming rig, with 2 days ago about 4-6 BTX, as a little one At the moment it's only between 1-2BTX and I'm back to mining multialgo because it's way more profitable.
With the thresholds set to 30 BTX and 14days, I could nearly never take advantage of the interests. So my idea was that your thresholds would scare let's say medium miners away. If I can mine the coin directly as profitable as others I like to take that road because no need to hassle with buying/selling. As long as there is not anything as simple as shapeshift.io (or any service alike) to change to btx for a reasonable price, hence by trading you normally lose money
But ok, this is quite more specific to the attractiveness of mining itself. At all I favor your proposal of of giving away interest for every account above X.

There must be a lower limit because at some point the transaction fees are eating up your giveaway, I think.

[sunny747007]

It should be about 15 to 20 % limx dev because if you had 50 btx before you get 10 its 60 now if one has 50 btx in account he will only get 1.25 btx thats nowhere near airdrop that occured last man.And will it be same in november?It will only benefit top 50

[AntiTector]

I am watching this coin for some time. I see a good potential.
Remember that this is just the beginning of Block-chain crypto-currency era, that would potentially replace the major systems we use today.
People please share your ideas, insights, because we are in this together!
Without ideas, insights or opinions, this or any other currency is DEAD!
Who knows, maybe You have a simply brilliant idea that would shake the ground of this currency... But only you can read your mind..

My insights
About the airdrops:
The airdrops should be concentrated to those wallets, that have the most BTX.
Airdrops should not promote splitting BTX's to many different addresses, it should promote holding all your BTX's in one secure wallet address.
Airdrops should be concentrated personally to people, not to addresses, because PEOPLE gonna use BTX, not wallets or wallet addresses.
The more people who are winners with this currency, the more people it attracts. The more people know about BTX, the better it is to all.
The upcoming Airdrop in Monday (2.5%), is really better than last two airdrops before, because more people will be involved, but it still needs improvement.
What's done is done, lets keep looking forward!


 **Edited

[CoinCidental]

I am watching this coin for some time. I see a good potential.
Remember that this is just the beginning of Block-chain crypto-currency era, that would potentially replace the major systems we use today.
People please share your ideas, insights, because we are in this together!
Without ideas, insights or opinions, this or any other currency is DEAD!
Who knows, maybe You have a simply brilliant idea that would shake the ground of this currency... But only you can read your mind..

My insights
About the airdrops:
The airdrops should be concentrated to those wallets, that have the most BTX.
Airdrops should not promote splitting BTX's to many different addresses, it should promote holding all your BTX's in one secure wallet address.
Airdrops should be concentrated personally to people, not to addresses, because PEOPLE gonna use BTX, not wallets or wallet addresses.
The more people who are winners with this currency, the more people it attracts. The more people know about BTX, the better it is to all.
The upcoming Airdrop in Monday (2.5%), is really better than last two airdrops before, because more people will be involved.
What's done is done, lets keep looking forward!


 

thats true for the sake of convenience
but previously if i have 50 BTX i will get 10 from airdrop
going forward if i have 50 BTX i will get 1.25 for airdrop

this reduce the reward factor massively for the smaller people
 unless you are a whale there is less motivation to stay in so it maybe
harder to grow the userbase

[psihotoc]

That with the addition of on Bitrex?

[torrentco]

this coin needs to urgently get on to a decent exchange before its too late.

[AntiTector]

thats true for the sake of convenience
but previously if i have 50 BTX i will get 10 from airdrop
going forward if i have 50 BTX i will get 1.25 for airdrop

this reduce the reward factor massively for the smaller people
 unless you are a whale there is less motivation to stay in so it maybe
harder to grow the userbase

I know, myself i was not in top 1000 two times, unlucky
This was a mistake, everyone see that, but by trying to fix the inequality it would potentially cause more damage to this currency value, especially because wallet addresses are anonymous.
Everyone wants to be a winner, myself as well, but this is what we have.
And like i told, if airdrops will be concentrated to wallets, not people, this currency will suffer long term, but people will move on.
Even those who have the most BTX will suffer more, because who will use the currency if only the top has everything? It will be self destructive.
But still, i don't see a disaster. Mistakes are like lessons, we keep repeating the same lesson until we learn from it.
I know how it feels, but we cant change the block-chain past, only the future..
Dev of this currency told that, he is open to new ideas or possibilities.. So lets offer some if we have.  

[pwpwpw]

this coin needs to urgently get on to a decent exchange before its too late.

There is nothing wrong with cryptopia, I bought several times, several coins, withdraw happened in under 2 minutes every time, I don't understand what the problem is with cryptopia.

[AntiTector]

this coin needs to urgently get on to a decent exchange before its too late.

There is nothing wrong with cryptopia, I bought several times, several coins, withdraw happened in under 2 minutes every time, I don't understand what the problem is with cryptopia.

As far as i see, cryptopia is perfect, never had any problems.

[wacko]

I don't understand what the problem is with cryptopia.

Volume.

[fluidjax]

A couple of one-liners that may help some people
(You need curl & jq installed - this is for MacOS or Linux, it will need a little tweaking for windows)

jq is on github - it's a command line json parser


This will show you the 1000th item in the rich list

Code:

curl http://chainz.cryptoid.info/btx/api.dws?q=rich |  jq '.rich1000[999]'

This gives you a list of the top 1000 addresses

Code:

curl http://chainz.cryptoid.info/btx/api.dws?q=rich  | jq '.rich1000[].amount' | less -N

[erdanis]

It is still possible mine with CPU?

Or difficult is already so high to mine with CPU?

I never mine using timetravel so i don't know the average  hashes on CPU.

[Bierbam]

It's quite a difficult decision und you can't be everybody's darling.

trust me. a little miner (like me) got only 0.1-1 BTX in 1-2 weeks...

As nobody asked the responsible question  
With what are you mining?
Even with a single low end desktop graphics card you should have gained more BTX in 1-2 weeks.
If it's not your hardware change your pool. and/or software.

A single 750Ti (ebay 10-20$) would have made you, with the lowered rate of the last 24h, above 4 BTX in 2 weeks,
I checked it my Rigs mining in the last 24h,there were three 750Ti in them and calculated it by the one with overall lowest hash rate.
Just to add:
I reduced my BTX-mining about 24h ago to 60-80MHs and changed pool and still have 6 BTX in the last 24h on the new pool
That's equal to a rig with 7 GTX1050Ti non overclocked @ 12.8 MH/s and there are definitely better suited cards.

[ltcnim]

hashrate is dropping like a stone. From over 17GH/s to now around 5.6GH/s. Since the diff is over 730 and difficulty recalculation only happens every 2000 blocks or so, block times are very high now.
This also leads to way less coins miners can earn, and most likely more will stop mining, meaning the block times will rise even higher.
I bet big miners will join back in when the difficulty has been adjusted again.

As for the airdrops: Sorry, but this round was a complete joke. Even worse than the first one.
Again, it was highly abused, and seeing at least two wallets with over 100 addresses in the top 1000 clearly shows that the airdrops are gamed by a few.
Most coins in the hands of a few makes the possibility of a dump much higher...

In my opinion, the only 'fair' solution (if you really want to stick to that 1000 top holders thing) would be to have some kind of a variable percentage paid to the top 1000.
For example (don't nail me down on the numbers, just an example):

Top 1-100 gets 3%
Top 101-201 gets 2.9%
Top 301-401 gets 2.8%
...

That way you would force ppl to stack their coins in one address to get the highest possible reward, leaving room for other ppl to join the Top 1000. Of course some extremely rich a$$hole could still split his coins, just to pi$$ off ppl, but that would be just idiotic...

[meskiuka7]

Those noobs who have 1$ and wanna race holder's. Nooh Nooh.

Wanna get some, deposit some, or just go lurking other place,

AirDrop is fair for everyone, invest or get lots. Ofcaure you aint get a shix

With your 1$ invested.

[meskiuka7]

hashrate is dropping like a stone. From over 17GH/s to now around 5.6GH/s. Since the diff is over 730 and difficulty recalculation only happens every 2000 blocks or so, block times are very high now.
This also leads to way less coins miners can earn, and most likely more will stop mining, meaning the block times will rise even higher.
I bet big miners will join back in when the difficulty has been adjusted again.

As for the airdrops: Sorry, but this round was a complete joke. Even worse than the first one.
Again, it was highly abused, and seeing at least two wallets with over 100 addresses in the top 1000 clearly shows that the airdrops are gamed by a few.
Most coins in the hands of a few makes the possibility of a dump much higher...

In my opinion, the only 'fair' solution (if you really want to stick to that 1000 top holders thing) would be to have some kind of a variable percentage paid to the top 1000.
For example (don't nail me down on the numbers, just an example):

Top 1-100 gets 3%
Top 101-201 gets 2.9%
Top 301-401 gets 2.8%
...

That way you would force ppl to stack their coins in one address to get the highest possible reward, leaving room for other ppl to join the Top 1000. Of course some extremely rich a$$hole could still split his coins, just to pi$$ off ppl, but that would be just idiotic...

Without investors this coin would worth a penny,

This is crypto, this is money world, if you dont understand that, just go work.