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

[drays]

There's no premine in reality, they premined 16M to match the BTC chain and everyone that has BTC can claim theirs.  In november (6 months after launch) they will redistribute 90% of the unclaimed coins to BTX owners and they will keep 10% of that unclaimed for them so they can do bounties and fund themselves...

Is this what you were talking about?

Well, in relaity there is a premine, even if it is not for developers, but is going to be distributed. I was mostly worried about the security of the funds. Your reply actually answers my concerns (at least partly), as it means the premine will not be hanging there for undefined time, and on November it is going to be liquidated (distributed). So though some danger is still there, but at least it is time-restricted.

I guess in November (after the distribution) the price will drop a lot, but that doesn't matter a lot.

We can not talk about us security. Sorry, i hope that is okay for you.

Well, you posted the picture, I suppose that is a kind of answer

BTW, Christian, as I noted before. consider changing the message to sign when receiving BTX, and maybe adding an option to prove ownership by sending a TX from address. Otherwise I assume many people (with lots of BTC) will avoid participating, and the distribution could suffer.

[minestro]

Received first 3% airdrop. Great work, Dev! Will  hold Bitcore for month. It seems the price of BTX will rise extremely fast after airdrop will finished

Why do you think that?

[digaran]

I need to know one thing though, if you could give me something near 2 BTX after I signed a message with an address of mine which I totally received nearly 2 Bitcoins with it then we're good, because that is the only way it could be a fair distribution, I once owned those coins on my address right? but now that I don't and couldn't claim this coin then nothing good for me, only if you had coins or still have them and only way to claim this is by giving them to you in order to claim BTX? do I need to lol here or that is enough?

[metamorphin]

Received first 3% airdrop. Great work, Dev! Will  hold Bitcore for month. It seems the price of BTX will rise extremely fast after airdrop will finished

Why do you think that?

Let the market decide. Ask and demand. We are also extremely excited for the day after our airdrops!



Greetz
Steve

[7788bitcoin]

I just noticed about this development,i would like to know what is the status and can we expect this to be added in new exchanges in the future and will they be any interesting things to see after August.

[metamorphin]

I need to know one thing though, if you could give me something near 2 BTX after I signed a message with an address of mine which I totally received nearly 2 Bitcoins with it then we're good, because that is the only way it could be a fair distribution, I once owned those coins on my address right? but now that I don't and couldn't claim this coin then nothing good for me, only if you had coins or still have them and only way to claim this is by giving them to you in order to claim BTX? do I need to lol here or that is enough?

too much complexity.

2 positive points:

Point 1: We made a snapshot in april with all adresses till 0.1 btc. Its awesome fair choiced.

Point 2: Like the post above: Ask and Demand. This coin will find its magical price. So, claim few for our mondayairdrops. Its a gift, you never should miss it.

Greetz
Steve

[brian_nguyen]

I need to know one thing though, if you could give me something near 2 BTX after I signed a message with an address of mine which I totally received nearly 2 Bitcoins with it then we're good, because that is the only way it could be a fair distribution, I once owned those coins on my address right? but now that I don't and couldn't claim this coin then nothing good for me, only if you had coins or still have them and only way to claim this is by giving them to you in order to claim BTX? do I need to lol here or that is enough?

too much complexity.

2 positive points:

Point 1: We made a snapshot in april with all adresses till 0.1 btc. Its awesome fair choiced.

Point 2: Like the post above: Ask and Demand. This coin will find its magical price. So, claim few for our mondayairdrops. Its a gift, you never should miss it.

Greetz
Steve

Great response and I'm a firm believer in your project. We will never know, it might hit ?% of a BTC price one day.

Edit- To be on the positive side, I'm hoping for 1% of a BTC for each BTX

[minestro]

Received first 3% airdrop. Great work, Dev! Will  hold Bitcore for month. It seems the price of BTX will rise extremely fast after airdrop will finished

Why do you think that?

Let the market decide. Ask and demand. We are also extremely excited for the day after our airdrops!



Greetz
Steve

We have no other option
I was just curious about why he/she is determined the price would rise extremly fast. The normal thing to happen would be that when you put out more coins the price drops, how much is just determined by how many people will dump after the final airdrop to make fast money.

[metamorphin]

Received first 3% airdrop. Great work, Dev! Will  hold Bitcore for month. It seems the price of BTX will rise extremely fast after airdrop will finished

Why do you think that?

Let the market decide. Ask and demand. We are also extremely excited for the day after our airdrops!



Greetz
Steve

We have no other option
I was just curious about why he/she is determined the price would rise extremly fast. The normal thing to happen would be that when you put out more coins the price drops, how much is just determined by how many people will dump after the final airdrop to make fast money.

The question, which % could be too much and which not, is really awesome heavy...actually, we think, the market is absorbing 3% airdrop very nice. So, maybe we should dropping this coins always with 3% so long, till everything is distributed? What do you think?

[gigabyted]

Received first 3% airdrop. Great work, Dev! Will  hold Bitcore for month. It seems the price of BTX will rise extremely fast after airdrop will finished

Why do you think that?

Let the market decide. Ask and demand. We are also extremely excited for the day after our airdrops!



Greetz
Steve

We have no other option
I was just curious about why he/she is determined the price would rise extremly fast. The normal thing to happen would be that when you put out more coins the price drops, how much is just determined by how many people will dump after the final airdrop to make fast money.

The question, which % could be too much and which not, is really awesome heavy...actually, we think, the market is absorbing 3% airdrop very nice. So, maybe we should dropping this coins always with 3% so long, till everything is distributed? What do you think?

I thought it was already like this lol

[Kwelstr]

Received first 3% airdrop. Great work, Dev! Will  hold Bitcore for month. It seems the price of BTX will rise extremely fast after airdrop will finished

Why do you think that?

Let the market decide. Ask and demand. We are also extremely excited for the day after our airdrops!



Greetz
Steve

We have no other option
I was just curious about why he/she is determined the price would rise extremly fast. The normal thing to happen would be that when you put out more coins the price drops, how much is just determined by how many people will dump after the final airdrop to make fast money.

The question, which % could be too much and which not, is really awesome heavy...actually, we think, the market is absorbing 3% airdrop very nice. So, maybe we should dropping this coins always with 3% so long, till everything is distributed? What do you think?

I think a 3% weekly distribution is more than fair and if the market is absorbing it then we all benefit. Can you estimate how long will take to distribute the rest?

[nekohachicoin]

Recently I learned about airdrop of bitcore.
I will download the wallet immediately and prepare for airdrop.
But why does price rise after distribution, I do not understand well

[HarryPorter]

Recently I learned about airdrop of bitcore.
I will download the wallet immediately and prepare for airdrop.
But why does price rise after distribution, I do not understand well

None of us have a glass ball to see what the price will be in the future. The market (demand and supply) determines what the price will be.

[Limx Dev]

Bitcore Update Version 0.14.1.6

-Change Diff Algo to Bitcore 64_15
(after block 21000 is 64 blocks (2016) and adjustment step 15 % (400%))
-uacomment removed
-witness spam protection enabled at block 25K
-changes in NetworkHash calculation
-fix version 0.14.1.5

The Retarget Algo Bitcore 64_15 is a new smart solution to prevent diff jumping up or down. We split the big block from 3.5 days in 32 small blocks. The maximum adjustment is ~15 %. (32 * 15% = 480 %)

Download
https://github.com/LIMXTEC/BitCore/releases/tag/0.14.1.6

Mac coming soon.
Your Bitcore Team - Jon, Steve, Helmut, Keeper and Chris

Please update until block 21.000 K.

[brian_nguyen]

Received first 3% airdrop. Great work, Dev! Will  hold Bitcore for month. It seems the price of BTX will rise extremely fast after airdrop will finished

Why do you think that?

Let the market decide. Ask and demand. We are also extremely excited for the day after our airdrops!



Greetz
Steve

We have no other option
I was just curious about why he/she is determined the price would rise extremly fast. The normal thing to happen would be that when you put out more coins the price drops, how much is just determined by how many people will dump after the final airdrop to make fast money.

The question, which % could be too much and which not, is really awesome heavy...actually, we think, the market is absorbing 3% airdrop very nice. So, maybe we should dropping this coins always with 3% so long, till everything is distributed? What do you think?

I think a 3% weekly distribution is more than fair and if the market is absorbing it then we all benefit. Can you estimate how long will take to distribute the rest?

I like the original idea of splitting the coins in a November.

a. Complete distributions including development shares
b. Something nice to look forward to year end with many holidays
c. Market is usually bullish around that time to absorb the airdrop

[European Central Bank]

I like the original idea of splitting the coins in a November.

a. Complete distributions including development shares
b. Something nice to look forward to year end with many holidays
c. Market is usually bullish around that time to absorb the airdrop

there'll still be millions and millions of coins to distribute so something like november will have to happen anyway. 3% a week to existing balances is nothing.

[brian_nguyen]

I like the original idea of splitting the coins in a November.

a. Complete distributions including development shares
b. Something nice to look forward to year end with many holidays
c. Market is usually bullish around that time to absorb the airdrop

there'll still be millions and millions of coins to distribute so something like november will have to happen anyway. 3% a week to existing balances is nothing.

How about a slow weekly increase? Add and addtional 0.1% each week and the rest in November?

[bspus]

Cryptopia sure take their time upgrading that wallet.
I hope they don't take till the end of the week or something.

Maybe they need help?

[nekohachicoin]

Recently I learned about airdrop of bitcore.
I will download the wallet immediately and prepare for airdrop.
But why does price rise after distribution, I do not understand well

None of us have a glass ball to see what the price will be in the future. The market (demand and supply) determines what the price will be.

surely. I will leave it to the flow of the market

[ruptan]

I need to know one thing though, if you could give me something near 2 BTX after I signed a message with an address of mine which I totally received nearly 2 Bitcoins with it then we're good, because that is the only way it could be a fair distribution, I once owned those coins on my address right? but now that I don't and couldn't claim this coin then nothing good for me, only if you had coins or still have them and only way to claim this is by giving them to you in order to claim BTX? do I need to lol here or that is enough?

too much complexity.

2 positive points:

Point 1: We made a snapshot in april with all adresses till 0.1 btc. Its awesome fair choiced.

Point 2: Like the post above: Ask and Demand. This coin will find its magical price. So, claim few for our mondayairdrops. Its a gift, you never should miss it.

Greetz
Steve

You are still giving the gift to the first 1000 person wallet right or did that changed?