[ANN] BitcoinFast revival -

[Silkworth]

Lots going on with this coin...new exchanges, new website, best staking coin available, and genesis of 2014.   New coinmarketcap.com advertising went live today.  This project is on the verge of real popularity and demand.  Great time to buy before market rebounds and bcf explodes with activity.  BCF's time has come!

[1715259384]

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[Spidersbox]

[TheMiningPool.mine]

Hi all!

We are building a new and amazing multipool for most important coins and altcoins. We still working on the frontend and adding coins.

Need some testing at our stratum servers to check pool efficience and stratum servers stability.

will be glad if some of you can throw some hash at our pool for beta testing. ALL FEES ARE SET TO 0%[/color]
ALL PAYMENTS WORKING!



FOR BITCOIN FAST:

--scrypt -o stratum+tcp://theminingpoolstratum.selfip.com:3038 -u Weblogin.WorkerName -p WorkerPassword

Thanks so much for your help!

Regards,
TheMiningPool

[oaihuong466]

Honestly, each time the is a entry to this thread we'll just post up the bitcointalk link so people know the is a new one to watch.

[annapapo]

The problem with this coin is that the inflation rate is ridiculous.  There have been 14,600,411 coins produced as of now, but the miners are blasting out approximately 15,000 new coins per day.  There is a long way and a lot of massive inflation between now and the max supply of 2,500,000,000 coins.  If there is still a dev anywhere, you should cut the max supply to 21,000,000 and stop it for good when it gets there.  There should be no more mining and no more staking once the supply reaches 21,000,000.  When the supply gets there, people should have to purchase them on the exchange if they want any.  The current price of 250 satoshis is disgustingly overvalued for a coin with billions of supply.  You need to stop it at 21,000,000 so it can be a relatively rare coin before it gets out of control.

[kurbeks]

Nice find for me

[dentolas]

Hello everyone, just got here
can someone please explain what is supposed to be the purpose of this coin?
same as bitcoin but faster? so why not use Bitcash? or some other available and successfull coins for quick and cheap transactions?
thanks

[DumbCrypt0]

The problem with this coin is that the inflation rate is ridiculous.  There have been 14,600,411 coins produced as of now, but the miners are blasting out approximately 15,000 new coins per day.  There is a long way and a lot of massive inflation between now and the max supply of 2,500,000,000 coins.  If there is still a dev anywhere, you should cut the max supply to 21,000,000 and stop it for good when it gets there.  There should be no more mining and no more staking once the supply reaches 21,000,000.  When the supply gets there, people should have to purchase them on the exchange if they want any.  The current price of 250 satoshis is disgustingly overvalued for a coin with billions of supply.  You need to stop it at 21,000,000 so it can be a relatively rare coin before it gets out of control.

15,000 coins a day does seem like a lot, but 2.5Bil/15,000=166,667ish days, or 456 years. Though I too would prefer to see a block halving, we technically won't see 550 million coins in circulation for another 100 years 

[efreeti]

When I read the name of the topic I thought wow, somebody again trying to bring this back to life, but that try is already a year ago.

[DumbCrypt0]

When I read the name of the topic I thought wow, somebody again trying to bring this back to life, but that try is already a year ago.

Lol. Welcome back, then?

[annapapo]

The problem with this coin is that the inflation rate is ridiculous.  There have been 14,600,411 coins produced as of now, but the miners are blasting out approximately 15,000 new coins per day.  There is a long way and a lot of massive inflation between now and the max supply of 2,500,000,000 coins.  If there is still a dev anywhere, you should cut the max supply to 21,000,000 and stop it for good when it gets there.  There should be no more mining and no more staking once the supply reaches 21,000,000.  When the supply gets there, people should have to purchase them on the exchange if they want any.  The current price of 250 satoshis is disgustingly overvalued for a coin with billions of supply.  You need to stop it at 21,000,000 so it can be a relatively rare coin before it gets out of control.

15,000 coins a day does seem like a lot, but 2.5Bil/15,000=166,667ish days, or 456 years. Though I too would prefer to see a block halving, we technically won't see 550 million coins in circulation for another 100 years 

This is not true.  The annual staking rate is 25% interest, and this will compound.  There are about 15,000 coins per day being produced now, but that number is going to go up as the compound staking interest keeps going.   Because there is both mining and staking, the circulating supply is inflating by about 37.6% per year.  At this rate it would only take about 19 years to reach the max supply of 2,500,000,000, not 456 years.  If there is any dev here, feel free to clarify the math here.  But it doesn't change the fact that the BCF inflation rate is ridiculous and out of control.  Back in May, just 2 months ago, the price was at a robust 697 satoshis.  Now the price is at only 120 satoshis.  BCF hodlers have lost a disgusting 82.8% of their satoshi value in just 2 months.  That's what inflation does to you.  Get out of BCF now before the inflation catches up to you and don't look back, something might be gaining on you.

[efreeti]

The problem with this coin is that the inflation rate is ridiculous.  There have been 14,600,411 coins produced as of now, but the miners are blasting out approximately 15,000 new coins per day.  There is a long way and a lot of massive inflation between now and the max supply of 2,500,000,000 coins.  If there is still a dev anywhere, you should cut the max supply to 21,000,000 and stop it for good when it gets there.  There should be no more mining and no more staking once the supply reaches 21,000,000.  When the supply gets there, people should have to purchase them on the exchange if they want any.  The current price of 250 satoshis is disgustingly overvalued for a coin with billions of supply.  You need to stop it at 21,000,000 so it can be a relatively rare coin before it gets out of control.

15,000 coins a day does seem like a lot, but 2.5Bil/15,000=166,667ish days, or 456 years. Though I too would prefer to see a block halving, we technically won't see 550 million coins in circulation for another 100 years 

This is not true.  The annual staking rate is 25% interest, and this will compound.  There are about 15,000 coins per day being produced now, but that number is going to go up as the compound staking interest keeps going.   Because there is both mining and staking, the circulating supply is inflating by about 37.6% per year.  At this rate it would only take about 19 years to reach the max supply of 2,500,000,000, not 456 years.  If there is any dev here, feel free to clarify the math here.  But it doesn't change the fact that the BCF inflation rate is ridiculous and out of control.  Back in May, just 2 months ago, the price was at a robust 697 satoshis.  Now the price is at only 120 satoshis.  BCF hodlers have lost a disgusting 82.8% of their satoshi value in just 2 months.  That's what inflation does to you.  Get out of BCF now before the inflation catches up to you and don't look back, something might be gaining on you.

You cannot find a lot of coins that have not lost 82.8% of their value except for the ones with huge market caps.

[karl_kauffmann]

 


I have recently added BitcoinFast (BCF) to provide soon Mining Calculation, Pools and Exchanges listing some others interesting statistics and Graph about this coin.

BitcoinFast (BCF)

[Brooks_Vince]

The platform presented here opens up wide opportunities for us to successfully realize our ideas, with a generous bounty program, where everyone can participate.

[alenghia]

The team just completed building the ios wallet. It will be published for testing soon on the app store.

[Spidersbox]

Discord server got hacked.
everything deleted, so you will need to join again   
https://discord.gg/esZn9gg

[Spidersbox]

Web site newly updated  http://bitcoinfast.co/
New android wallet added to play store

[Mihawk]

Here we have a potential of 48x - 50x compared to the USD at this time. @Spidersbox Do you also have BTB and GLD deals? BCF is the most inflationary of the 3, of course I am not referring to the emission rate, anyway, are the 3 are supplementary or complementary to each other?

[pwnsauce]

Is there currently an active exchange for BitcoinFast?  I operate a node but with cryptopia limping back to life, I still can't find anywhere to trade this asset...

[pazor_true]

what is the current block height ?