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Author Topic: [ANN][Main] Bitcore- BTX - 1:1 Backed BSC Bridge BTX <->SBTX  (Read 729613 times)
iwosh
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April 12, 2018, 05:49:58 AM
 #15461

That is one heck of an update.  If the team even remotely touches some of those bullet points it will be big news for BTX.

I've been around close to day 1 and don't plan on leaving.  You look at other coins like Raven, Pigeon etc and how quickly they can get adoption just on transparent dev faces (we've already had) and a little hype.  Still no real world use built in and pushing crazy volume.

If BTX starts heavy development and fulfills payment gateway solution then it's just a matter of time till it gets the recognition.

I'm a long term holder and even if price drops down some more I'm still happy and excited about the future of this coin.

The idea is good, but I see a problem with the non crypto people. Yes, we can try to do it simple, but I feel like people who are not interested in crypto just dont see a reason why the heck should they change their money to something and than change it back to buy stuff. The only potencial value is that they buy cheap and when they use it, it has bigger value. But it is still more like an investment than daily real life usage.

It's not just for crypto if I understand correctly, they are building a payment gateway ON the blockchain which interconnects the two.  I'm assuming you can use it for crypto related transactions and normal P2P fiat transactions.  That in itself gives it real world value as well as crypto (blockchain) normalized value.




Lets say everything works and is implemented. I can imagine having some bag of BTX, for example 1000 and keeping it. Its value can go up, but it can also go down, so it is a high risk/reward investment. Why would I need to go to some bigger city with special ATM that can give me fiat for my investment when I decide to cash it out? Still seems faster and easier to use some service like exrates or even exchange to btc and sell btc for fiat.
I can imagine how POS can be working this way, keeping my 1000 BTX bag and whatever it earns above that (lets say 10 BTX a month) i can spend it. And if I am lucky and i go around ATM, I can exchange it to fiat. Of course better would be using my phone with NFC to pay by android pay, which would directly exchange my btx while paying, but that is probably too much future Smiley
Bytales
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April 12, 2018, 07:49:51 AM
 #15462

Do you guys think Bitcore can become number one Bitcoinfork, dethroning bitcoincash and taking its place for instance? Or even climbing higher taking bitcoins place? Because echnologically i think it is superior to both!
I want to hear some of your opinions regarding this.
whotheff
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April 12, 2018, 09:55:44 AM
 #15463

Do you guys think Bitcore can become number one Bitcoinfork, dethroning bitcoincash and taking its place for instance? Or even climbing higher taking bitcoins place? Because echnologically i think it is superior to both!
I want to hear some of your opinions regarding this.

That is the only reason i like BTX. I'll wait to see if good technology with some decent advertising is good enough to not replace any coin but climb the BTC ladder.

QB Horse
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April 12, 2018, 11:44:54 AM
 #15464

Do you guys think Bitcore can become number one Bitcoinfork, dethroning bitcoincash and taking its place for instance? Or even climbing higher taking bitcoins place? Because echnologically i think it is superior to both!
I want to hear some of your opinions regarding this.

That is the only reason i like BTX. I'll wait to see if good technology with some decent advertising is good enough to not replace any coin but climb the BTC ladder.

"Our goal is to be in the TOP 10."
This is what the dev said not too long ago.
Tarek4080
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April 12, 2018, 12:25:13 PM
 #15465

btx It is a high level overview, but it should still help with getting a general idea how the btxm fiat gateway  is going to work... Enjoy 😀

newblog
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April 12, 2018, 12:32:14 PM
 #15466

Any paper wallet available for this coin?

I want to store coin for long term.
Bytales
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April 12, 2018, 01:26:25 PM
 #15467

Are we going to get 2 more or 3 more airdrops, anybody knows? There are 1.5mil coins left in the airdrop address.
Tarek4080
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April 12, 2018, 01:44:41 PM
 #15468

Are we going to get 2 more or 3 more airdrops, anybody knows? There are 1.5mil coins left in the airdrop address.

3 more airdrops for sure.. You can check ypse' predeicton chart for a precise forecast few pages back...
danielgoncalves
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April 12, 2018, 02:22:27 PM
Last edit: April 17, 2018, 12:53:18 PM by danielgoncalves
 #15469

Hi dear BTX community,

www.rapidpools.com/btxpool.org is pround to annouce that the pool have been migrated successfully to a new provider: OVH.
The pool is now operationnal accross 2 continents: US and Europe.

Europe:
ccminer.exe -a bitcore -o stratum+tcp://europe.stratum.rapidpools.com: 3556 -u <BTX_ADDRESS>.<RigName> -p <rigname>

US:
ccminer.exe -a bitcore -o stratum+tcp://us.stratum.rapidpools.com: 3556 -u <BTX_ADDRESS>.<RigName> -p <Rigname>

Fees are still a 0 untill the end of the month.

We hope you will appreciate our work and will now work on future evolutions for the pools.

Happy mining.
jmvarner83
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April 12, 2018, 02:39:23 PM
 #15470

That is one heck of an update.  If the team even remotely touches some of those bullet points it will be big news for BTX.

I've been around close to day 1 and don't plan on leaving.  You look at other coins like Raven, Pigeon etc and how quickly they can get adoption just on transparent dev faces (we've already had) and a little hype.  Still no real world use built in and pushing crazy volume.

If BTX starts heavy development and fulfills payment gateway solution then it's just a matter of time till it gets the recognition.

I'm a long term holder and even if price drops down some more I'm still happy and excited about the future of this coin.

The idea is good, but I see a problem with the non crypto people. Yes, we can try to do it simple, but I feel like people who are not interested in crypto just dont see a reason why the heck should they change their money to something and than change it back to buy stuff. The only potencial value is that they buy cheap and when they use it, it has bigger value. But it is still more like an investment than daily real life usage.

It's not just for crypto if I understand correctly, they are building a payment gateway ON the blockchain which interconnects the two.  I'm assuming you can use it for crypto related transactions and normal P2P fiat transactions.  That in itself gives it real world value as well as crypto (blockchain) normalized value.




Lets say everything works and is implemented. I can imagine having some bag of BTX, for example 1000 and keeping it. Its value can go up, but it can also go down, so it is a high risk/reward investment. Why would I need to go to some bigger city with special ATM that can give me fiat for my investment when I decide to cash it out? Still seems faster and easier to use some service like exrates or even exchange to btc and sell btc for fiat.
I can imagine how POS can be working this way, keeping my 1000 BTX bag and whatever it earns above that (lets say 10 BTX a month) i can spend it. And if I am lucky and i go around ATM, I can exchange it to fiat. Of course better would be using my phone with NFC to pay by android pay, which would directly exchange my btx while paying, but that is probably too much future Smiley

If you are talking about cashing out BTX it will probably be quicker to just convert through exchange, go to coinbase, and convert to bank account.

However, in next few years, availability and convenience should allow quicker solutions.  I'm not too worried about the ATM's for BTX holders, I'm more excited that they are developing a payment gateway service.  This could help small businesses and such by providing point of sale services as well as a lot of other things.

So yeah, the ATM isn't necessarily exciting for someone looking to cash BTX value out, even though it can handle that task, it's more about the possibilities it creates and provides liquidity for BTX as well.

I still think it's an awesome move.  Having a real purpose with a real objective will help push the value of Bitcore even more.



So for small businesses, lets say they are able to get PoS transaction fees down to a minimal amount, this provides incentives for places to switch to this style of ATM.  The upside is: It can not only handle cash dispensing, but also be used as a gateway to buy BTX directly with FIAT.

How many places you know that you can walk up to an ATM, put in cash, and pretty much receive stock in that company?  I think it's a great idea and I still may not be grasping it all Smiley

*edit    Also, this is a decentralized ATM...it could be programmed to accept different local currencies and work across the globe, that in itself is huge.
ciro1
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April 12, 2018, 03:03:04 PM
 #15471

I think the main purpose of the ATM is to prepare for merchants/market adoption not really for crypto traders/investors. With the ATM/POS availability merchants can peacefully accept btx and cash out at the end of the day without much worries. I also believe it wont be too long before many people would venture into owning crypto ATMs so this would create massive adoption.

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European Central Bank
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April 12, 2018, 03:16:13 PM
 #15472

Any paper wallet available for this coin?

I want to store coin for long term.

there used to be a paper wallet on the bitcore website which is basically the same code as bitaddress.org. i used bitaddress.org directly for my bitcore paper wallet without any trouble.

there's this - https://walletgenerator.net/?currency=Bitcore but i dunno how good it is.
Highspeed123
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April 12, 2018, 03:35:33 PM
 #15473

Are we going to get 2 more or 3 more airdrops, anybody knows? There are 1.5mil coins left in the airdrop address.

3 more airdrops for sure.. You can check ypse' predeicton chart for a precise forecast few pages back...

All good things end eventually, I must admit...I will be a bit sad on Mondays without the weekly drop. It has always been something to look forward to. At least the BTX community is great, mostly. Lots of creative minds and intelligent conversation in here.
Boriss
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April 12, 2018, 06:11:40 PM
 #15474

Purpose of BTX Airdrops was to get mass adoption for BTX and that was 100% success for sure.
But now it's time to move away and make a new step, this next step is crucial for every coin to survive and thrive even more or die trying  and to go flat line.
I am really not sure if there is a middle ground after that point.
 
 
canibalgb
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April 12, 2018, 06:14:39 PM
 #15475

I believe the market is already showing signs of recovery.
We get to the bottom and now it's time for the climb.

ttran2x
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April 12, 2018, 06:30:04 PM
 #15476

I see the cryptos market up a little, then big giant down, then it go up a little and then big arse down, the trend hasn't change since dec jan. just my 2 cent  Grin
juhakall
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April 12, 2018, 06:33:56 PM
 #15477

Hopefully the devs announce well in advance what will happen to the remainder of funds that aren't enough to pay for a full airdrop anymore. In any case it's about safe to say by now, that this has been a well executed distribution.

I'm just left wondering, what was the original plan for Bitcore before the community decided on this airdrop scheme? Seems like Bitcore was a bit adrift until then.
Sam123
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April 12, 2018, 06:38:26 PM
 #15478

I'm still waiting for Bitcore to hit all time high. I believe it will happen as long as the Dev keep us updating on the status of the project.  We just need to be patient.
eance
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April 12, 2018, 06:47:49 PM
 #15479

Hopefully the devs announce well in advance what will happen to the remainder of funds that aren't enough to pay for a full airdrop anymore. In any case it's about safe to say by now, that this has been a well executed distribution.

I'm just left wondering, what was the original plan for Bitcore before the community decided on this airdrop scheme? Seems like Bitcore was a bit adrift until then.

IMO. developers listening to the community isn't adrift..its decentralization
QB Horse
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April 12, 2018, 06:48:36 PM
 #15480

I'm still waiting for Bitcore to hit all time high. I believe it will happen as long as the Dev keep us updating on the status of the project.  We just need to be patient.

Talking about updates, I've compiled new info we got from the team over the past 24 hours. Click on this link and scroll down to the bottom of my post and look for April 12 --  Fiat Gateway High-Level Overview Chart.

https://bitcointalk.org/index.php?topic=1883902.msg34462967#msg34462967

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