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

[_javi_]

devs, are atomic swaps possible with BTX ? Like LTC did days ago?

[lovingcoins]

Hello! I've been accumulating BTX since September 8, I saw a Tweet about it and it called my attention. Glad to see that drop on October 30 is 25%. I agreed with comments saying that if you do a big drop many people will dump, but on long term it doesnt matter. Just look at Bitcoin cash. With that say, I was wondering if you guys have bounty thread for Bitcore?, I will try to get in contact with a Team member in Telegram. We would love to make videos for Bitcore, and if you are doing bounties why not benefit from it , if you are Not we will be making videos about regardless. Thank you!

[metamorphin]

devs, are atomic swaps possible with BTX ? Like LTC did days ago?

yes...its possible...but believe me,...atomic swaps have also their disadvantages for the coin economy...can you imagine, if we are 2 years later, and we can atomicswaps almost all coins? we would end up with the same price in ALL coins...the coins could be deadtraded to an average...so...we have to observe that.

Greetz
Steve

[gwestcot]

Hello! I've been accumulating BTX since September 8, I saw a Tweet about it and it called my attention. Glad to see that drop on October 30 is 25%. I agreed with comments saying that if you do a big drop many people will dump, but on long term it doesnt matter. Just look at Bitcoin cash. With that say, I was wondering if you guys have bounty thread for Bitcore?, I will try to get in contact with a Team member in Telegram. We would love to make videos for Bitcore, and if you are doing bounties why not benefit from it , if you are Not we will be making videos about regardless. Thank you!

Ya I have always produced fairly sound logic on why the larger and quicker distribution would be the better choice but all the other side talks about is the potential for a big dump without providing sound logic and proof on why it would happen. In the long run I think my choice is the best because it allows the coin to take the necessary steps to move forward rather than delaying things even more. People have talked about the number of coins just being a number but the same can be said for the nominal price of the coin. The market cap is all that matters and as long as there is good development and increased adoption then this coin will have a bright future regardless. My plan simply speeds that process up and I suppose puts the devs in a position in which they will need to provide results in a time crunch. That would largely be in that February time frame when weekly distributions would end and then we will have to be on a larger exchange and integrated into more crypto related business processes.

[Children of Gaia]

When did 25% of 1kk become 4kk? I always thought that it 250k...

That's right, the current model proposed by devs gives +25% to addresses with 10+ BTX.
However gwestcot suggests a drop of 25% of remaining coins. That's almost 4M right now.

I don't think, that it's the good idea. Really. Maybe market don't even react on +25% drop (about 250-300k coins), but there will be a huge dump with 4kk for sure.

[gwestcot]

When did 25% of 1kk become 4kk? I always thought that it 250k...

That's right, the current model proposed by devs gives +25% to addresses with 10+ BTX.
However gwestcot suggests a drop of 25% of remaining coins. That's almost 4M right now.

I don't think, that it's the good idea. Really. Maybe market don't even react on +25% drop (about 250-300k coins), but there will be a huge dump with 4kk for sure.

Will there be if you know you can get a 66% increase in the number of coins you can hold in the next 4 months if you stay put? Those compounding 3% weekly air drops will add up on a large distribution so it will be smarter to stay put. Would you sell under those circumstances?

[Children of Gaia]

Will there be if you know you can get a 66% increase in the number of coins you can hold in the next 4 months if you stay put? Those compounding 3% weekly air drops will add up on a large distribution so it will be smarter to stay put. Would you sell under those circumstances?

Depends on the current price. Maybe someone in this thread is right, maybe you, maybe none of us. It's hard to find something between so many opinions. All my hopes is on the team, I believe them and their chosen path. So I'll hold till Valhalla 1000$ each.

[_javi_]

devs, are atomic swaps possible with BTX ? Like LTC did days ago?

yes...its possible...but believe me,...atomic swaps have also their disadvantages for the coin economy...can you imagine, if we are 2 years later, and we can atomicswaps almost all coins? we would end up with the same price in ALL coins...the coins could be deadtraded to an average...so...we have to observe that.

Greetz
Steve

only the more efficient would survive 

If LTC (scrypt asic) can be swapped for VTC (gpu), BTX should be in the same position too

[gwestcot]

Will there be if you know you can get a 66% increase in the number of coins you can hold in the next 4 months if you stay put? Those compounding 3% weekly air drops will add up on a large distribution so it will be smarter to stay put. Would you sell under those circumstances?

Depends on the current price. Maybe someone in this thread is right, maybe you, maybe none of us. It's hard to find something between so many opinions. All my hopes is on the team, I believe them and their chosen path. So I'll hold till Valhalla 1000$ each.

I like Valhalla better!!!   My logic is based from a stance that people are greedy so i think this incentives the greedy enough to stay put rather than sell out. I do not personally know of the capabilities of the devs but as long as a road map is made and benchmarks are hit I don't think the price would even be lowered much in February. I have stated a million times it really is mostly dependent on the development and not the distribution. A different distribution model simply makes this look like a more attractive investment which bridges the gap between the short term into the long term prospects of the coin. It is a gamble as anything else is but to me it is a worthy one since this coin does some things better than any other coin on the market and we should be decisive in cornering that market.

[Nerf_herder]

Did this launch with segwit or was it forked in?

[gwestcot]

Did this launch with segwit or was it forked in?

Launched with segwit.

[PortalM]

Bitcore - the next generation of cryptocurrency.

[Nerf_herder]

Did this launch with segwit or was it forked in?

Launched with segwit.

Ok cool. I guess there is no real reason not to have it nowadays.

[e6ug]

Bitcore - the next generation of cryptocurrency.

   love these!  can we make some with happy business ladies in the pics?   we need to entice the lady investors 

[GAW_Homero]

saw people saying on the chat that btx will be first coin on core with smartcontracts? any truth to this?

devs?

[BTC-BTC-BTC]

Like the 3% weekly airdrop promoting people to hold. The project doing very well and the price is getting traction.

[pwpwpw]

Whatever you chose, remember, once you do an airdrop you can't take it back, so take as much time as needed to come up with the best idea, you don't need to do the airdrop at october or november, nobody even forces you to do it this year, it can be done next year, don't rush it if you're not 100% how you want to do it. I vote for 3% weekly + extra 1-3% for social media activity, share/like.

[gwestcot]

Whatever you chose, remember, once you do an airdrop you can't take it back, so take as much time as needed to come up with the best idea, you don't need to do the airdrop at october or november, nobody even forces you to do it this year, it can be done next year, don't rush it if you're not 100% how you want to do it. I vote for 3% weekly + extra 1-3% for social media activity, share/like.

How about this plan... It should mitigate peoples fears of a huge dump but still distribute the coins in the exact same amount of time as the original hybrid plan. It would be a .4 BTX to 1 BTC drop to bitcoin bag holders, give a one time +25 airdrop to BTX holders, and then after that a 10% weekly airdrop that will continue until all of the coins are distributed. This will give us the benefit of being fully distributed sooner for legitimacy, mitigate the potential for a massive dump, provide massive incentives for new investor and old alike, and also still give the invitation to BTC holders to explore BTX. This really seems like an even better plan than my original hybrid plan. Tell me what you all think and the spreadsheet below is what the numbers would look like. We would tentatively be fully distributed by Feb 26th.

https://imgur.com/a/NG6w0

[antonio8]

The final distributionmodel




Dear Bitcore community,

we wanted to say thank you to all of you and your broad support!


3. We will be updating our weekly 3% monday airdrop. At the beginning of october, we place an online registration page for the 3% airdrop. You have to registrate ONE TIME your BTX adress with a signed message.
From november, the 2nd, the weekly monday airdrop will be only paid to registered adresses. The rule to have min. 10 BTX in your wallet will be dropped.

To be sure that you are captured for the snapshot, it is imperative that the Bitcore (BTX) have arrived in your wallet not later than 6 blocks after midnight!

We reserve the rights to make changes as required.

Your Bitcore Team

Jon, Chris & Steve

I just want to know has this taken effect yet? If so where is the registration to continue the 3%?

[snowdropfore]

i am  agree with the dev team poposal,becasue it is a long term project ,if so many coins rush into market ,they will dump hard ,it will ruin the bitcore. so with 3% weekly airdrop,many people will notice bitcore is a good coin ,they will come buy and hold.