Tarek4080
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xarix
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Activity: 88
Merit: 0
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April 04, 2018, 09:21:01 PM |
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I like BTX and all, probably the BEST Bitcoinfork there is, but the fact that it is capped, it is not good in the long run. Value of coin will always go up because of deflation sure, but people are never incentivised to spend it.
An exact inverse is Crypterium, where there is a fixed supply, and with every transaction, a small amount is burned, and coin supply will always go down. Which will also increase value. At least they have a system in place to incentivise spending.
However that is also not the solution, because theoretically, you will end up someday with a coin supply of 1, and when cosnidering you got 18 decimals, you could go further and use the system, it will get messy in the end. You would have a 1 coin worth billion of dollars. and people only working with small decimals.
That is still not a valid solution long run.
Take a look at Magnatum coin, unlimited total supply but limited yearly emmission of 130 million coins, with liquid blocks balancing the block reward depending on network transactions (demand/supply). Too bad the dev has abandoned that project long ago though. |
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Vlad2Vlad
Legendary
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Activity: 3052
Merit: 1530
www.ixcoin.net
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April 04, 2018, 09:36:20 PM |
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Does anyone notice how gwescot's narrative is progressing? At the begining he found everything he wants in BTX, then acts like a spoiled brat disrespecting devs OWN project and decisions but despite that Steve (Metamorphin) made him admin in Telegram group, ONE DAY after he is admin in Telegram he announces he's selling his coins and an avalanche of FUD along the way, to finally bring up his OWN project now that would solve all ''problems'' in cryptosphere  See where this is heading? ... No, I don’t get it. He has ideas and wants to push them out there. |
iXcoin - Welcome to the F U T U R E! |
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xarix
Newbie
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Activity: 88
Merit: 0
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April 04, 2018, 09:42:54 PM |
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Does anyone notice how gwescot's narrative is progressing? At the begining he found everything he wants in BTX, then acts like a spoiled brat disrespecting devs OWN project and decisions but despite that Steve (Metamorphin) made him admin in Telegram group, ONE DAY after he is admin in Telegram he announces he's selling his coins and an avalanche of FUD along the way, to finally bring up his OWN project now that would solve all ''problems'' in cryptosphere See where this is heading? ... No, I don’t get it. He has ideas and wants to push them out there. He has IDEALS* fixed. Who would be benefiting from those ''ideas'' you mentioned? Answer that question, and maybe you will get it, i know you're trolling Vlad, but love you nonetheless  |
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Vlad2Vlad
Legendary
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Activity: 3052
Merit: 1530
www.ixcoin.net
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April 04, 2018, 09:46:35 PM |
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He has IDEALS* fixed.
Who would be benefiting from those ''ideas'' you mentioned?
Dude I don’t know, anybody that wants them. He’s active in telegram saying he can implement them on btx or not. So if you like his ideas you adopt them and if you don’t you don’t. I’m not sure exactly what he’s doing, he says he won’t be ready until late in the year. But I’m missing your point. |
iXcoin - Welcome to the F U T U R E! |
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xarix
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Activity: 88
Merit: 0
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April 04, 2018, 09:54:36 PM
Last edit: April 04, 2018, 10:23:21 PM by xarix |
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He has IDEALS* fixed.
Who would be benefiting from those ''ideas'' you mentioned?
Dude I don’t know, anybody that wants them. He’s active in telegram saying he can implement them on btx or not. So if you like his ideas you adopt them and if you don’t you don’t. I’m not sure exactly what he’s doing, he says he won’t be ready until late in the year. But I’m missing your point. Active in Telegram?! I haven't seen his toxic presence for more than two weeks but that's not my point. The point is that he's very clever at manipulating i'll give him that, using the free publicity he got from working on BTX so he can NOW start his own ''miracle'' project Please, give me a quote where he's saying all the things you claim he's saying, that should be quite easy since he's so active on Telegram no? One more thing to add, he was once claiming he'd point his 20GHS ''mega farm'' to mine BTX, how has that gone so far? And please bear in mind that we are dealing with an ex soldier there who served god knows where and done god knows what, but the consequences of those experiences are clearly visible, to me atleast. |
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Vlad2Vlad
Legendary
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Activity: 3052
Merit: 1530
www.ixcoin.net
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April 04, 2018, 10:24:40 PM |
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Active in Telegram?! I haven't seen his toxic presence for more than two weeks but that's not my point. The point is that he's very clever at manipulating i'll give him that, using the free publicity he got from working on BTX so he can NOW start his own ''miracle'' project Please, give me a quote where he's saying all the things you claim he's saying, that should be quite easy since he's so active on Telegram no? The guy is a straight shooter from what I can tell. He says what he thinks is the best solution and if he’s right he’s gonna be a big player and if he’s wrong then that’s his risk. Yeah he’s using his “popularity” from btx as leverage. I see nothing wrong with that - it’s just like any other job and BTX isn’t very popular yet. Anyway, I’m looking forward to see what he’s got and if it’s as good as he claims then BTX can implement it if the devs and BTX community think it’s the best course of action. |
iXcoin - Welcome to the F U T U R E! |
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Hhampuz
Legendary
 Online
Activity: 2856
Merit: 5931
Meh.
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April 04, 2018, 10:29:01 PM |
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Active in Telegram?! I haven't seen his toxic presence for more than two weeks but that's not my point. The point is that he's very clever at manipulating i'll give him that, using the free publicity he got from working on BTX so he can NOW start his own ''miracle'' project Please, give me a quote where he's saying all the things you claim he's saying, that should be quite easy since he's so active on Telegram no? The guy is a straight shooter from what I can tell. He says what he thinks is the best solution and if he’s right he’s gonna be a big player and if he’s wrong then that’s his risk. Yeah he’s using his “popularity” from btx as leverage. I see nothing wrong with that - it’s just like any other job and BTX isn’t very popular yet. Anyway, I’m looking forward to see what he’s got and if it’s as good as he claims then BTX can implement it if the devs and BTX community think it’s the best course of action. Exactly this, no need for the hostility xarix. It's all down to him if he can deliver or not and until then there's really nothing anyone else has to worry about. |
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xarix
Newbie
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Activity: 88
Merit: 0
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April 04, 2018, 10:42:17 PM |
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Guys i don't want to be misunderstood, if there's potential for new things to be implemented for the good of a given asset i have nothing against it, but what exactly has he shown you besides HIS ideas?
Countless people have ideas, i can promise to hook you up with Megan Fox, craft a flying carpet for the two of you and teleport you to land of pink unicorns but how credible would that be?
Please give me a shard of his ideas, otherwise this comes right up to my point, you've been heavily manipulated...
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gwestcot
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April 04, 2018, 10:44:42 PM |
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I like BTX and all, probably the BEST Bitcoinfork there is, but the fact that it is capped, it is not good in the long run. Value of coin will always go up because of deflation sure, but people are never incentivised to spend it.
An exact inverse is Crypterium, where there is a fixed supply, and with every transaction, a small amount is burned, and coin supply will always go down. Which will also increase value. At least they have a system in place to incentivise spending.
However that is also not the solution, because theoretically, you will end up someday with a coin supply of 1, and when cosnidering you got 18 decimals, you could go further and use the system, it will get messy in the end. You would have a 1 coin worth billion of dollars. and people only working with small decimals.
That is still not a valid solution long run.
Well at least someone gets what I am attempting to do. I usually just talk here because this is the community I like the most. For the most part, except for a few people, this thread has a lot of intellectually driven people which makes it a great place to discuss things. |
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gwestcot
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April 04, 2018, 10:46:08 PM |
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Active in Telegram?! I haven't seen his toxic presence for more than two weeks but that's not my point. The point is that he's very clever at manipulating i'll give him that, using the free publicity he got from working on BTX so he can NOW start his own ''miracle'' project Please, give me a quote where he's saying all the things you claim he's saying, that should be quite easy since he's so active on Telegram no? The guy is a straight shooter from what I can tell. He says what he thinks is the best solution and if he’s right he’s gonna be a big player and if he’s wrong then that’s his risk. Yeah he’s using his “popularity” from btx as leverage. I see nothing wrong with that - it’s just like any other job and BTX isn’t very popular yet. Anyway, I’m looking forward to see what he’s got and if it’s as good as he claims then BTX can implement it if the devs and BTX community think it’s the best course of action. Hahaha well Vlad... what I am talking about is very very hard to implement if you don't have it in the code from the beginning. I suppose you could do something similar in nature post launch but it would be extremely tough. It would have to be a unique solution separate but built upon what I am working on. |
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European Central Bank
Legendary
Offline
Activity: 1288
Merit: 1087
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April 04, 2018, 10:47:30 PM |
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I like BTX and all, probably the BEST Bitcoinfork there is, but the fact that it is capped, it is not good in the long run. Value of coin will always go up because of deflation sure, but people are never incentivised to spend it.
An exact inverse is Crypterium, where there is a fixed supply, and with every transaction, a small amount is burned, and coin supply will always go down. Which will also increase value. At least they have a system in place to incentivise spending.
However that is also not the solution, because theoretically, you will end up someday with a coin supply of 1, and when cosnidering you got 18 decimals, you could go further and use the system, it will get messy in the end. You would have a 1 coin worth billion of dollars. and people only working with small decimals.
That is still not a valid solution long run.
so you have a problem with a capped supply and the disincentive to spend, but you approve of a coin that burns itself with every single spend? this is possibly an even dumber idea than freicoin with their demurrage. all people will do is sit around waiting for others to spend it and no one will anywhere. |
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gwestcot
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April 04, 2018, 10:50:21 PM |
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I like BTX and all, probably the BEST Bitcoinfork there is, but the fact that it is capped, it is not good in the long run. Value of coin will always go up because of deflation sure, but people are never incentivised to spend it.
An exact inverse is Crypterium, where there is a fixed supply, and with every transaction, a small amount is burned, and coin supply will always go down. Which will also increase value. At least they have a system in place to incentivise spending.
However that is also not the solution, because theoretically, you will end up someday with a coin supply of 1, and when cosnidering you got 18 decimals, you could go further and use the system, it will get messy in the end. You would have a 1 coin worth billion of dollars. and people only working with small decimals.
That is still not a valid solution long run.
Take a look at Magnatum coin, unlimited total supply but limited yearly emmission of 130 million coins, with liquid blocks balancing the block reward depending on network transactions (demand/supply). Too bad the dev has abandoned that project long ago though. What I am attempting to do is something different altogether than what they did. It look like they tried change the time in which blocks occur but I am trying to simply alter the block reward itself. |
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gwestcot
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April 04, 2018, 10:50:54 PM |
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I like BTX and all, probably the BEST Bitcoinfork there is, but the fact that it is capped, it is not good in the long run. Value of coin will always go up because of deflation sure, but people are never incentivised to spend it.
An exact inverse is Crypterium, where there is a fixed supply, and with every transaction, a small amount is burned, and coin supply will always go down. Which will also increase value. At least they have a system in place to incentivise spending.
However that is also not the solution, because theoretically, you will end up someday with a coin supply of 1, and when cosnidering you got 18 decimals, you could go further and use the system, it will get messy in the end. You would have a 1 coin worth billion of dollars. and people only working with small decimals.
That is still not a valid solution long run.
so you have a problem with a capped supply and the disincentive to spend, but you approve of a coin that burns itself with every single spend? this is possibly an even dumber idea than freicoin with their demurrage. all people will do is sit around waiting for others to spend it and no one will anywhere. Agreed! |
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gwestcot
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April 04, 2018, 10:52:27 PM |
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Guys i don't want to be misunderstood, if there's potential for new things to be implemented for the good of a given asset i have nothing against it, but what exactly has he shown you besides HIS ideas?
Countless people have ideas, i can promise to hook you up with Megan Fox, craft a flying carpet for the two of you and teleport you to land of pink unicorns but how credible would that be?
Please give me a shard of his ideas, otherwise this comes right up to my point, you've been heavily manipulated...
Hahaha I agree with you the proof is in the pudding... I will prove it late summer/early fall. I have boxes to check in my personal life before I can attack this head on. If someone beats me to it then I would support such a project. |
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gwestcot
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April 04, 2018, 10:56:38 PM |
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At any rate, I am sorry to anyone I have offended. This the one and only time I will say those words. But in my opinion, despite winning the scaling debate, this is still built under a flawed system. Look I love the shit out of Bitcoin but not enough to blindfold myself and pray to it. I want to actually win this war against fiat instead of being noisy and simply fading away into relative obscurity.
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xarix
Newbie
Offline
Activity: 88
Merit: 0
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April 04, 2018, 10:59:07 PM |
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At any rate, I am sorry to anyone I have offended. This the one and only time I will say those words. But in my opinion, despite winning the scaling debate, this is still built under a flawed system. Look I love the shit out of Bitcoin but not enough to blindfold myself and pray to it. I want to actually win this war against fiat instead of being noisy and simply fading away into relative obscurity.
And that is exact description of my previous post mentioning his IDEALS! You want to wage a war against fiat?  Get in touch with reality mate... |
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gwestcot
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April 04, 2018, 11:03:36 PM |
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At any rate, I am sorry to anyone I have offended. This the one and only time I will say those words. But in my opinion, despite winning the scaling debate, this is still built under a flawed system. Look I love the shit out of Bitcoin but not enough to blindfold myself and pray to it. I want to actually win this war against fiat instead of being noisy and simply fading away into relative obscurity.
And that is exact description of my previous mentioned IDEALS! You want to wage a war against fiat? Get in touch with reality mate... It is only impossible if you think it is impossible. Fiat is already fated to destroy itself. On average, once instituted, a fiat currency only lasts 27 years. We don't necessarily need to defeat fiat outright because it will weaken itself due to debt and inflation. If you don't understand the reasons why Bitcoin was created then you have lost touch with the movement. It was not simply meant for speculation. Of course, I have speculated myself but I have grown to hate it with a passion. |
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xarix
Newbie
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Activity: 88
Merit: 0
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April 04, 2018, 11:10:33 PM |
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Please, please keep expressing your inner most sincere feelings, so that everyone can paint the psychological profile of an delusional ex soldier that wants to wage ______ on everything and suffering from _______.
How's the plan for your mega 20GHS farm for mining BTX by the way, you had the same conviction of making it real like you have now blabbering all this pseudo intellectuall BS that i just can't stomach.
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cryptopt
Newbie
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Activity: 16
Merit: 0
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April 04, 2018, 11:13:07 PM |
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In a few months BTX at 150$ each guys, just chill
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