🤖[ANN][BIS]Bismuth 2.0 - Beyond DeFi

[dozerz]

yes its marked inactive due to craptopia closing and no active market.

hoping for another exchange listing soon, any news on an alternate exchange?

[Laskoo]

yes its marked inactive due to craptopia closing and no active market.

hoping for another exchange listing soon, any news on an alternate exchange?

Bismuth is listed on 2 more exchanges, but since the exchanges are not listed on CMC they can't add them to Bismuth markets.

1) qTrade
https://qtrade.io/market/BIS_BTC

2) VINEX
https://vinex.network/market/BTC_BIS
https://vinex.network/market/ETH_BIS
https://vinex.network/market/USDT_BIS

[vv181]

I don't take too much consideration about Bismuth situation in the CoinMarketCap or lack of exchange/or liquidity within the Bismuth market. after all, we could make OTC trades for the temporary solution in this kind of situation if you don't trust the existing exchange. Nevertheless, I'd believe Bismuth have a good foundation as a project, it just needs time to grow since the project is currently on early stage compared to another cryptocurrency.

[jooj2]

I don't take too much consideration about Bismuth situation in the CoinMarketCap or lack of exchange/or liquidity within the Bismuth market. after all, we could make OTC trades for the temporary solution in this kind of situation if you don't trust the existing exchange. Nevertheless, I'd believe Bismuth have a good foundation as a project, it just needs time to grow since the project is currently on early stage compared to another cryptocurrency.

Agree with your thought, OTC trade is alternate way for any coin has situation like Bismuth. nowadays even big exchanges using OTC method on their exchange platform as bittrex etc..

[Laskoo]

I know many people have their coins stuck on Cruptopia, me included.

This morning Cryptopia just announced that they are securing each wallet individually to ensure the exchange is fully secure when we resume trading so don't mine/send coins to your "old" Cryptopia wallets.

Here is the source of this info: https://twitter.com/Cryptopia_NZ/status/1100596382254084096

They should reopen soon so keep an eye on their page for more updates https://twitter.com/Cryptopia_NZ

[dozerz]

a huge number stuck on craptopia, over 5mil https://bismuth.online/richest

not sure if they will really open to trading in the next few days or just be read only.

[Laskoo]

a huge number stuck on craptopia, over 5mil https://bismuth.online/richest

not sure if they will really open to trading in the next few days or just be read only.

They will open until Monday but just read-only according to this tweet: https://twitter.com/Cryptopia_NZ/status/1100964778116210690

[Laskoo]

VINEX News!


Dear Vinex Users,

On Mar 01, 2019, at 08:00 AM (GMT+8), Vinex will be performing a system upgrade. The upgrade process is expected to last around 2 hours.
Please see full announcement here: https://support.vinex.network/hc/en-us/articles/360024380812-Vinex-scheduled-upgrade-at-8-00-AM-GMT-8-on-01-Mar-2019

If you have any questions or concerns related to the upgrade, please feel free to contact us (contact details in above link).

Thank you for your patience and understanding!
Vinex Team

[Laskoo]

Cryptopia exchange is back online, but note that it is just in read-only mode for now.

https://twitter.com/Cryptopia_NZ/status/1102776289650335744

[Laskoo]

- Cryptopia now allows users to cancel orders as it prepares for relaunch.

https://twitter.com/Cryptopia_NZ/status/1104938749442416640


- qTrade.io delisting $SCC, $RUPX, $THC, and $GRIN

https://twitter.com/qTradeio/status/1105215971629776896

[vv181]

- Cryptopia now allows users to cancel orders as it prepares for relaunch.

https://twitter.com/Cryptopia_NZ/status/1104938749442416640

I'd hope people could get their Bismuth back from the exchange, and make it as a lesson for a further period to take extra caution when storing on a centralized exchange. After all, using the Bismuth wallet and owning the private keys should be the norm.

[Laskoo]

- Cryptopia now allows users to cancel orders as it prepares for relaunch.

https://twitter.com/Cryptopia_NZ/status/1104938749442416640

I'd hope people could get their Bismuth back from the exchange, and make it as a lesson for a further period to take extra caution when storing on a centralized exchange. After all, using the Bismuth wallet and owning the private keys should be the norm.

I get your point but many people are traders, so they have buy/sell orders set to make some money. The holders I'm sure they have the coins off exchange.

[vv181]

I get your point but many people are traders, so they have buy/sell orders set to make some money. The holders I'm sure they have the coins off exchange.

Sure, however, they're still some people that keep their coin on an exchange which is a bad practice. And if there is some kind of that person I expect they take a lesson from the recent hack. After all, There is a possibility even though you only use it for trade, if bad lucks happen to you, the same kind of scenarios could happen.

What I actually mean I want to urge the development of decentralized exchanges and make people actually using it.

[othell_rogue]

I get your point but many people are traders, so they have buy/sell orders set to make some money. The holders I'm sure they have the coins off exchange.

Sure, however, they're still some people that keep their coin on an exchange which is a bad practice. And if there is some kind of that person I expect they take a lesson from the recent hack. After all, There is a possibility even though you only use it for trade, if bad lucks happen to you, the same kind of scenarios could happen.

What I actually mean I want to urge the development of decentralized exchanges and make people actually using it.

I think there is a mix of people that are holding and trading coins on exchanges, in the Bismuth case there are 5000000 coins on the exchange. I think some are just too lazy to install a wallet and they pay the price, for the traders is a risk that they must take. I just hope we can get back our coins and cryptopia will regain community trust after the hack.

[Scrappy007]

Hello Bismuth developers. FPGA adapted again for Bismuth algo. Now network have about 24% unkown hashrate from FPGA. Please as soon as possible update algo for FPGA resistance.

[EggdraSyl]

Hello Bismuth developers. FPGA adapted again for Bismuth algo. Now network have about 24% unkown hashrate from FPGA. Please as soon as possible update algo for FPGA resistance.

Can you give some more info about that?

Where do these numbers come from?
I can only see the regular pools mining.

[Scrappy007]

Hello Bismuth developers. FPGA adapted again for Bismuth algo. Now network have about 24% unkown hashrate from FPGA. Please as soon as possible update algo for FPGA resistance.

Can you give some more info about that?

Where do these numbers come from?
I can only see the regular pools mining.

Network Hashrate very jumps in last weeks, i think now FPGA testing and prepare to attack Bismuth. For exaple, when i write my post the pools had the following stats: bis-pool 2600 Gh, eggpool 2100 Gh, noncepool 1200 Gh, coinsaurus 50 Gh. Summary 5950 GH. But network hashrate in this time was 7600 Gh and so it was about 24% unkown hashrate. Now summary pools hashrate also about 5900 GH, but network hashrate about 6500 Gh, 10% unkown and this this figure varies.

[jooj2]

I get your point but many people are traders, so they have buy/sell orders set to make some money. The holders I'm sure they have the coins off exchange.

Sure, however, they're still some people that keep their coin on an exchange which is a bad practice. And if there is some kind of that person I expect they take a lesson from the recent hack. After all, There is a possibility even though you only use it for trade, if bad lucks happen to you, the same kind of scenarios could happen.

What I actually mean I want to urge the development of decentralized exchanges and make people actually using it.

I think there is a mix of people that are holding and trading coins on exchanges, in the Bismuth case there are 5000000 coins on the exchange. I think some are just too lazy to install a wallet and they pay the price, for the traders is a risk that they must take. I just hope we can get back our coins and cryptopia will regain community trust after the hack.

Wow, five million Bismuth coins on the exchange! is this amount on cryptopia or these amounts on different exchanges?I do agree with vv181 thought, we need more of decentralized exchanges that make people actually using it. Btw, there are many of decentralized exchanges nowadays, is Bismuth on any one of them?

[othell_rogue]

I get your point but many people are traders, so they have buy/sell orders set to make some money. The holders I'm sure they have the coins off exchange.

Sure, however, they're still some people that keep their coin on an exchange which is a bad practice. And if there is some kind of that person I expect they take a lesson from the recent hack. After all, There is a possibility even though you only use it for trade, if bad lucks happen to you, the same kind of scenarios could happen.

What I actually mean I want to urge the development of decentralized exchanges and make people actually using it.

I think there is a mix of people that are holding and trading coins on exchanges, in the Bismuth case there are 5000000 coins on the exchange. I think some are just too lazy to install a wallet and they pay the price, for the traders is a risk that they must take. I just hope we can get back our coins and cryptopia will regain community trust after the hack.

Wow, five million Bismuth coins on the exchange! is this amount on cryptopia or these amounts on different exchanges?I do agree with vv181 thought, we need more of decentralized exchanges that make people actually using it. Btw, there are many of decentralized exchanges nowadays, is Bismuth on any one of them?

Yes only on Cryptopia is 5+ millions coins, you can check it on the rich list http://bismuth.online/richest.
I don't know if the coin is listed on any DEX out there.

[EggdraSyl]

Hello Bismuth developers. FPGA adapted again for Bismuth algo. Now network have about 24% unkown hashrate from FPGA. Please as soon as possible update algo for FPGA resistance.

Can you give some more info about that?

Where do these numbers come from?
I can only see the regular pools mining.

Network Hashrate very jumps in last weeks, i think now FPGA testing and prepare to attack Bismuth. For exaple, when i write my post the pools had the following stats: bis-pool 2600 Gh, eggpool 2100 Gh, noncepool 1200 Gh, coinsaurus 50 Gh. Summary 5950 GH. But network hashrate in this time was 7600 Gh and so it was about 24% unkown hashrate. Now summary pools hashrate also about 5900 GH, but network hashrate about 6500 Gh, 10% unkown and this this figure varies.

Sorry, but your figures are wrong then.
All blocks are found by the pools. There is no doubt, just check the official explorer.
The difference in what you call network hashrate and sum of pools hashrate is an artificial difference because of the way network hashrate is *estimated* (and with Bismuth, it's very hard to get a close estimate).
There is **not** 24% unknown hash, there is no bis FPGA miner I'm aware of on Heavy3.
The 24% off is an estimate error from the site you checked total nethash.