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gwestcot
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September 23, 2017, 01:38:45 AM |
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Hey guys I created a poll that i would like for you to participate in so that we can gauge the interest in the 3 major proposals that have been talked about in the past few days. It includes the dev's distribution model, the one that I have proposed here, and also continuing the weekly airdrops out much longer. I did not post the pros and cons but if you read from this thread I think enough of that has been talked about. This is a good opportunity to gauge what the community thinks as a whole and please make sure to answer honestly. The link to the poll is posted below. https://bitcointalk.org/index.php?topic=2199926.new#newNice poll, maybe it's a good time now to see some more date instead of just a lot of posts with each others opnion. Hopefully the response will be statistically significicant! Ok well on the poll I had a request to create what the devs numbers would look like so that everyone can compare. The first link is the dev's current distribution plan with the assumption that every single person registers to receive the 3% airdrop. The coins, under the devs plan, will not be full distributed until roughly October of 2018 by my tentative projections. Obviously BTC holders claiming their BTX in large numbers could drastically change and shorten both my projection and the devs projection due to the 3% weekly airdrops. The second link is my proposal for distribution. The main thing to look at is the Oct 30th date which is really where we differ the most in our proposals. My proposal has coins still being distributed to a large number of people but the current BTX holders will be given a distribution closer to what was promised. It is a hybrid plan that I believe gives everyone an incentive to stay and be apart of the project. If you have any questions then please ask. Dev's Proposal- https://imgur.com/a/7TWPgMy Proposal- https://imgur.com/a/GJq27 |
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SamsaCid
Newbie
 Offline
Activity: 24
Merit: 0
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September 23, 2017, 02:57:58 AM |
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i am disappointed btx holders ll get less % than btc holders, i boght and holding but i fell like i am betrayed
I'm note sure you really understood the announcement. Please, can you give me an example calculation how this would give you the feeling of being betrayed? |
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gwestcot
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September 23, 2017, 03:20:23 AM |
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i am disappointed btx holders ll get less % than btc holders, i boght and holding but i fell like i am betrayed
I'm note sure you really understood the announcement. Please, can you give me an example calculation how this would give you the feeling of being betrayed? Well the initial plan as stated on page one was that the unclaimed coins would be given out in steps to BTX holders after November 2nd. The plan was changed on us and now the devs wanted to airdrop roughly 6.6 million coins to all people who hold more than .001 BTC at the time of a second snapshot. This means that early adopters are not valued nearly as highly as BTC holders that haven't even claimed the coins for free when they had the chance over the course of the last 5 months. Its not a betrayal per se but it definitely isn't the best move in my mind. The current distribution plan would also still have the devs controlling 50% of the currency which still doesn't look great to exchanges and new users. My plan also has controls that are built in that will greatly reduce the threat of a dump after October 30th. It literally gives the devs time to get us on larger exchanges and develop a mobile wallet which would be tremendous news for the prospects of the coin as a whole. Ideally this would happen before the 3% airdrops end in February in my plan. I am really only thinking with my head and not really at all with emotion. |
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Ajbarra
Newbie
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Activity: 17
Merit: 0
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September 23, 2017, 04:45:54 AM |
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Hi there!
I'm trying to mine Bitcore with my 1080 TI rig, using ccminer 2.2, but all the shares are invalid, what's wrong?
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riskthebiscuit
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September 23, 2017, 05:31:48 AM |
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i am disappointed btx holders ll get less % than btc holders, i boght and holding but i fell like i am betrayed
I'm note sure you really understood the announcement. Please, can you give me an example calculation how this would give you the feeling of being betrayed? I dont think they understood it fully but I think I know what they are getting at. What it boils down to is this end "big drop" and I think they thought it was going to be more than the 25% posted. I can understand the sentiment as I too thought the last drop would be bigger. I personally dont care which % we get as long as that play or distribution method will net us the most ROI and $$$ long term. Lets not get short-sighted here. We are all here because BTX is a great project and we all want whats best for it. Lets work together now! |
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Boriss
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September 23, 2017, 07:37:54 AM |
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Hi there!
I'm trying to mine Bitcore with my 1080 TI rig, using ccminer 2.2, but all the shares are invalid, what's wrong?
Post your miner line, probably wrong algo or something like that. |
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Ajbarra
Newbie
Offline
Activity: 17
Merit: 0
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September 23, 2017, 07:56:08 AM |
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Hi there!
I'm trying to mine Bitcore with my 1080 TI rig, using ccminer 2.2, but all the shares are invalid, what's wrong?
Post your miner line, probably wrong algo or something like that. |
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PortalM
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September 23, 2017, 08:48:34 AM |
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Need algo bitcore, not timetravel |
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Limx Dev (OP)
Copper Member
Legendary
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Activity: 2324
Merit: 1348
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September 23, 2017, 08:49:11 AM |
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Please Vote! Which BTX distribution model would you prefer on October 30th? https://bitcointalk.org/index.php?topic=2199926.0Thank you for the poll @gwestcot Kind Regards Christian 
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Bitcore BTX - a UTXO fork of Bitcoin - since 2017 |
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ron_
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September 23, 2017, 08:54:42 AM |
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Hi there!
I'm trying to mine Bitcore with my 1080 TI rig, using ccminer 2.2, but all the shares are invalid, what's wrong?
Post your miner line, probably wrong algo or something like that.  ccminer.exe -a bitcore -o stratum+tcp://yiimp.ccminer.org:3556 -u Wallet -p 1 Change Yiimp specs to Zpool |
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ron_
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September 23, 2017, 09:03:05 AM |
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Christian, before voting, I would like you to explain your method. Please answer. Explain to members of the community why you are making a new distribution to BTC owners. - Will the market cap increase, if you intervene 7 million in private BTC keys? - Will the road to Bittrex take out of the hands of developers 7 million BTX? Devs, please communicate more with members and your actions will be rewarded. |
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metamorphin
Legendary
Offline
Activity: 1106
Merit: 1004
No risk, no fun!
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September 23, 2017, 09:25:22 AM |
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i am disappointed btx holders ll get less % than btc holders, i boght and holding but i fell like i am betrayed
Wrong...remember? 40% to btc holders, 25% to bitcore holders....there are enough coins not distributed then...we continue the 3% airdrops and have special airdrops only for btx holders in mind. Greetz Steve |
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PortalM
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September 23, 2017, 09:50:26 AM |
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Christian, before voting, I would like you to explain your method. Please answer. Explain to members of the community why you are making a new distribution to BTC owners. - Will the market cap increase, if you intervene 7 million in private BTC keys? - Will the road to Bittrex take out of the hands of developers 7 million BTX? Devs, please communicate more with members and your actions will be rewarded. I join the question. I am interested in the effectiveness of the new distribution to BTC owners. For what it will be done? As I understand it, only a small part of these 7 million will appear on Cryptopia. Is this offload from part of the Dev's coins? As for the proposed option with the distribution of the unused balance, I am opponent it. I have long been afraid of a major final airdrop. Did either of you study economics? This is very hard for the market, when the presence of coins is multiplied by several times. Option 25% of what I have I like more. |
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Limx Dev (OP)
Copper Member
Legendary
Offline
Activity: 2324
Merit: 1348
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September 23, 2017, 09:59:10 AM
Last edit: September 23, 2017, 10:15:04 AM by Limx Dev |
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Christian, before voting, I would like you to explain your method. Please answer. Explain to members of the community why you are making a new distribution to BTC owners. - Will the market cap increase, if you intervene 7 million in private BTC keys? - Will the road to Bittrex take out of the hands of developers 7 million BTX? Devs, please communicate more with members and your actions will be rewarded. My goal with Bitcore was the idea to create a new "Bitcoin" from scratch. Without a 150 GB Chain, with segwit and core 0.14. The 40% snapshot is the invitation for the entire Bitcoin world. Kind Regards Christian |
Bitcore BTX - a UTXO fork of Bitcoin - since 2017 |
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mrthuanhan
Newbie
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Activity: 11
Merit: 0
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September 23, 2017, 10:40:59 AM |
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I have no chance to participate the airdrop if I don't have any btc in my account , does it right ?
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PortalM
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September 23, 2017, 11:13:08 AM |
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I have no chance to participate the airdrop if I don't have any btc in my account , does it right ?
Not true. You can buy BTX on Cryptopia and get 3% airdrop every week, + 25% airdrop on October 30th. |
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Ajbarra
Newbie
Offline
Activity: 17
Merit: 0
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September 23, 2017, 02:09:53 PM |
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Hi there!
I'm trying to mine Bitcore with my 1080 TI rig, using ccminer 2.2, but all the shares are invalid, what's wrong?
Post your miner line, probably wrong algo or something like that. [img]https[Suspicious link removed] -a bitcore -o stratum+tcp://yiimp.ccminer.org:3556 -u Wallet -p 1 Change Yiimp specs to Zpool It worked!!! Thanks a lot! |
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abudfv2008
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September 23, 2017, 02:23:26 PM
Last edit: September 23, 2017, 02:56:27 PM by abudfv2008 |
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IMHO the only way to prevent total dump. Is to smooth the transition from huge to nothing as much as possible. 1 huge airdrop 300-400% and many will dump despite 3%.it is obvious. It can kill the coin.
Without huge airdrop the dump will be closer to the end of 3% airdrops while the price will slowly fall before that. That is not 100% and many things can happen on that way. But it will lead to long time to get to big exchanges.
Have devs thought about POS or masternodes implementation? It can make smoother transition adding perspective of future income. If set good % of POS at the beginning and lower it several times in future to a usual 5% it also can smooth.
I like the coin. I like the speed of wallet. Don't want it to fail.
I think one of the best ways is 5 (10)% airdrop +1%(2) each month - to get to ~5-6 months of distribution. And to stop dumping when the airdrops are finished make POS/masternodes before that.
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Boriss
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September 23, 2017, 02:30:24 PM |
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Before last big airdrop price will spike and after that will drop and never come back...
People will become greedy and try to sell while they can profit the most.
That always happens if you flood the market with high volumes in small amount of time.
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pwpwpw
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September 23, 2017, 03:03:37 PM |
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If you put something up for vote, have at least proper choices, the 2 choices that are in the voting thread are not enough, there obviously has to be the choice of slow and steady weekly 3% airdrops till the end, which I believe is much better than airdropping millions of at once which could 1/10 the price in a day, then you see the FUDers, the trolls, the panic and the coin is fucked. You want more options, otherwise the vote is meaningless. Here's an idea, keep the 3% weekly but on top of that, make an additional giveaway using a site like this to track the effort/work https://gleam.io/examples(or others, I don't care which), lets say something like, do 1 tweet daily for a week to get ...1% (whatever number, can be voted too) extra coins (on top of the 3%) up to...500 coins (100 at least, max 1000 imo), so basically you would pay someone 5 coins / week for 7 tweets about bitcore (fixed text or their own, whatever). These numbers are just examples as is twitter, you could do the same with facebook, youtube, whatever platform but for people with a follower base, obviously to have meaning and to avoid fake spammers. Something like this is the way to spread the word meaningfully and credit those who do the work in a fair manner, why should random people for absolutely doing nothing get huge distributions ? When it's most likely they will dump as soon as possible and move on to the next coin that has a giveaway or such. By doing this, you ensure that the coin's publicity steadily rises and it adds huge buying pressure because if you want to get the weekly 2-3-4% extra vs the others, then you have to first buy the coin (if you don't already have it). Now that I think of it, I would have a minimum amount of work for even the 3%, so, following and liking on all social media and do some little work for the weekly 3%. This is how you give the coins to the people that care about it and not those who just buy in and sit on it, wait a few months and dump it. Think about the above guys. |
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