PortalM
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August 24, 2017, 10:48:44 PM |
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Since the last Airdrop in November isn't given out as a percentage based on the amount of BTX you hold I think there is an issue. Its given out to each address equally with whats left correct?
How did you come to this conclusion? AFAIK the last big airdrop is everybody gets a part from the remaining "premine" as big as their share of current circulation before the airdrop is. The same amount for everybody address would clearly make no sense. no, its distributed evenly across all the addresses, what left -- the premine.. so if there is 200,000 btx left and there is 7000 addresses, its 200,000 divided by 7,000 addresses. that's how it was explained by the devs on previous occasions. unless that's changed. Not right. It does not matter how much wallets you have. You will get the percentage that you have from the total amount before the final airdrop. By my calculations your deposit will increase about 15 times.
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PortalM
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August 24, 2017, 10:56:27 PM |
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Nice, thank you. Do something else like that.
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minestro
Full Member
Offline
Activity: 266
Merit: 101
Bitcore (BTX) - The Future is Now
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August 24, 2017, 11:36:07 PM |
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Since the last Airdrop in November isn't given out as a percentage based on the amount of BTX you hold I think there is an issue. Its given out to each address equally with whats left correct?
How did you come to this conclusion? AFAIK the last big airdrop is everybody gets a part from the remaining "premine" as big as their share of current circulation before the airdrop is. The same amount for everybody address would clearly make no sense. no, its distributed evenly across all the addresses, what left -- the premine.. so if there is 200,000 btx left and there is 7000 addresses, its 200,000 divided by 7,000 addresses. that's how it was explained by the devs on previous occasions. unless that's changed. That wouldn't make any sense. You just would devalue nearly everything everyone has, because it's going to be only a fraction of the premine. You must really mix here s.th. up. By this it wouldn't make any sense to buy more than 0.0000001232 BTX and open 1232 addresses and charge them with 0.0000000001 BTX, can't be.
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sprinkles
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August 24, 2017, 11:43:37 PM |
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Since the last Airdrop in November isn't given out as a percentage based on the amount of BTX you hold I think there is an issue. Its given out to each address equally with whats left correct?
How did you come to this conclusion? AFAIK the last big airdrop is everybody gets a part from the remaining "premine" as big as their share of current circulation before the airdrop is. The same amount for everybody address would clearly make no sense. no, its distributed evenly across all the addresses, what left -- the premine.. so if there is 200,000 btx left and there is 7000 addresses, its 200,000 divided by 7,000 addresses. that's how it was explained by the devs on previous occasions. unless that's changed. Not right. It does not matter how much wallets you have. You will get the percentage that you have from the total amount before the final airdrop. By my calculations your deposit will increase about 15 times. Yes, this seems like the only sensible way to do it. Would be good to get some official clarification from the team as to exactly how it will work. If your calculations are right about a 15x increase in price then even if the price is gonna fall 90% in the post airdrop dump, we are still better off holding.
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Mrbates
Sr. Member
Offline
Activity: 546
Merit: 250
Maybe a fed.
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August 25, 2017, 12:19:45 AM |
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Since the last Airdrop in November isn't given out as a percentage based on the amount of BTX you hold I think there is an issue. Its given out to each address equally with whats left correct?
How did you come to this conclusion? AFAIK the last big airdrop is everybody gets a part from the remaining "premine" as big as their share of current circulation before the airdrop is. The same amount for everybody address would clearly make no sense. no, its distributed evenly across all the addresses, what left -- the premine.. so if there is 200,000 btx left and there is 7000 addresses, its 200,000 divided by 7,000 addresses. that's how it was explained by the devs on previous occasions. unless that's changed. Not right. It does not matter how much wallets you have. You will get the percentage that you have from the total amount before the final airdrop. By my calculations your deposit will increase about 15 times. Yes, this seems like the only sensible way to do it. Would be good to get some official clarification from the team as to exactly how it will work. If your calculations are right about a 15x increase in price then even if the price is gonna fall 90% in the post airdrop dump, we are still better off holding. Its closer to 20x if everything froze right now. X) 3% weekly airdrops are included in this already.
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gwestcot
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August 25, 2017, 12:24:17 AM |
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Ya I did some projections as well and it accounts for a certain pace of claimed BTX to go along with the weekly 3% airdrop. I come out to about 16x so 15-20 seems to be plausible since 3 of us came up with roughly the same numbers.
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Mindin
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August 25, 2017, 10:55:40 AM |
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I got a feeling there is a pump coming here real soon. Any views on this.
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Mindin
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August 25, 2017, 11:22:16 AM |
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I got a feeling there is a pump coming here real soon. Any views on this.
How can we have a view on what your feelings are. Jokes aside, why do you think there will be a pump? I haven't read any news that would warrant such a pump. --ypsi Accumulation is going on. Is normaly followed by a pump.
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PortalM
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August 25, 2017, 11:57:34 AM |
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I got a feeling there is a pump coming here real soon. Any views on this.
How can we have a view on what your feelings are. Jokes aside, why do you think there will be a pump? I haven't read any news that would warrant such a pump. --ypsi I think, no need news for pump. Need marketmakers interest. I seen the accomulation of BTX too.
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PortalM
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August 25, 2017, 01:06:20 PM |
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Since the last Airdrop in November isn't given out as a percentage based on the amount of BTX you hold I think there is an issue. Its given out to each address equally with whats left correct?
How did you come to this conclusion? AFAIK the last big airdrop is everybody gets a part from the remaining "premine" as big as their share of current circulation before the airdrop is. The same amount for everybody address would clearly make no sense. no, its distributed evenly across all the addresses, what left -- the premine.. so if there is 200,000 btx left and there is 7000 addresses, its 200,000 divided by 7,000 addresses. that's how it was explained by the devs on previous occasions. unless that's changed. Not right. It does not matter how much wallets you have. You will get the percentage that you have from the total amount before the final airdrop. By my calculations your deposit will increase about 15 times. Yes, this seems like the only sensible way to do it. Would be good to get some official clarification from the team as to exactly how it will work. If your calculations are right about a 15x increase in price then even if the price is gonna fall 90% in the post airdrop dump, we are still better off holding. Yes, I think we are still better off holding for the final airdrop.
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brian_nguyen
Legendary
Offline
Activity: 1404
Merit: 1001
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August 25, 2017, 03:18:37 PM |
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Latest
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Mrbates
Sr. Member
Offline
Activity: 546
Merit: 250
Maybe a fed.
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August 25, 2017, 03:24:49 PM |
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I got a feeling there is a pump coming here real soon. Any views on this.
How can we have a view on what your feelings are. Jokes aside, why do you think there will be a pump? I haven't read any news that would warrant such a pump. --ypsi Accumulation is going on. Is normaly followed by a pump. It did this last time it shot up to 150k sats, means we'll find a new floor though
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jravago
Full Member
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Activity: 210
Merit: 100
Without Risk there is no Success - jravago.com
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August 25, 2017, 05:11:26 PM |
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Is the 3% weekly airdrop permanent?
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Mrbates
Sr. Member
Offline
Activity: 546
Merit: 250
Maybe a fed.
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August 25, 2017, 05:13:21 PM |
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Is the 3% weekly airdrop permanent?
It lasts until Nov 2nd - Final Airdrop.
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PortalM
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August 25, 2017, 05:36:05 PM |
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I got a feeling there is a pump coming here real soon. Any views on this.
How can we have a view on what your feelings are. Jokes aside, why do you think there will be a pump? I haven't read any news that would warrant such a pump. --ypsi Accumulation is going on. Is normaly followed by a pump. It did this last time it shot up to 150k sats, means we'll find a new floor though I'm counting on more, then 0.02 btc.
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Mrbates
Sr. Member
Offline
Activity: 546
Merit: 250
Maybe a fed.
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August 25, 2017, 05:39:36 PM |
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I got a feeling there is a pump coming here real soon. Any views on this.
How can we have a view on what your feelings are. Jokes aside, why do you think there will be a pump? I haven't read any news that would warrant such a pump. --ypsi Accumulation is going on. Is normaly followed by a pump. It did this last time it shot up to 150k sats, means we'll find a new floor though I'm counting on more, then 0.02 btc. It would be nice, especially if people realized this has more potential than BCH lol. However I don't think people want to devalue their btc miners by swapping to an asic resistant coin
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jravago
Full Member
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Activity: 210
Merit: 100
Without Risk there is no Success - jravago.com
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August 25, 2017, 06:21:10 PM |
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Is the 3% weekly airdrop permanent?
It lasts until Nov 2nd - Final Airdrop. Thanks. Is there any special about this coins aside from 3% airdrop a week until Nov. 2?
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PortalM
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August 25, 2017, 06:32:03 PM |
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I got a feeling there is a pump coming here real soon. Any views on this.
How can we have a view on what your feelings are. Jokes aside, why do you think there will be a pump? I haven't read any news that would warrant such a pump. --ypsi Accumulation is going on. Is normaly followed by a pump. It did this last time it shot up to 150k sats, means we'll find a new floor though I'm counting on more, then 0.02 btc. It would be nice, especially if people realized this has more potential than BCH lol. However I don't think people want to devalue their btc miners by swapping to an asic resistant coin Not only the Chinese manage the market.
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Mrbates
Sr. Member
Offline
Activity: 546
Merit: 250
Maybe a fed.
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August 25, 2017, 06:39:37 PM |
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Is the 3% weekly airdrop permanent?
It lasts until Nov 2nd - Final Airdrop. Thanks. Is there any special about this coins aside from 3% airdrop a week until Nov. 2? Well -- keep at least 10 BTX in your personal BTX wallet to receive the airdrop. If you had BTC in april for the original snapshot you can try claiming your BTX for free at a 1:1 ratio at Bitcore.cc (personal wallet though) The final airdrop will be an even split of the unclaimed coins to all holders, so if you for example hold 1% of the circulating supply you'll get 1% of the unclaimed supply. Currently we're waiting to hear back from binance about being listed there. (not a dev just a slack person) The devs do pretty frequent updates to the wallet and how the airdrops are handled as well, to keep things interesting and consistently improve the coin. Other than that the coins main goal is focused on a fair distribution and increased adoption until November when I'm sure more will be added to the "roadmap". @PortalM Not saying only the Chinese do, although even American and European Miners would still be hard pressed to see their asics become worthless if BTC "died". I also personally don't believe miners entirely control the price, but they won't sell at a loss; or mine if it has no potential of being profitable.
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PortalM
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August 25, 2017, 07:45:18 PM |
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Is the 3% weekly airdrop permanent?
It lasts until Nov 2nd - Final Airdrop. @PortalM Not saying only the Chinese do, although even American and European Miners would still be hard pressed to see their asics become worthless if BTC "died". I also personally don't believe miners entirely control the price, but they won't sell at a loss; or mine if it has no potential of being profitable. Yes, miners do not control the price, they can only reduce it. The price is formed by speculators and investors. We need more ivestors and traders for btx
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