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Author Topic: A request to BTB (Bitbar) holders  (Read 3926 times)
TheSwede75
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May 10, 2013, 09:39:06 PM
 #81

BTB future: The coin will die. People will stop mining as it is not profitable anymore, so the blockchain will not propagate transactions which will cause more people to stop mining until it is dead. The end.

The same way BTC will end. So why its price is $112. You just helped me dude. thanks

Ha, yeah not like Bitcoin have any people mining or using it right? It's so just like BTB.. ha ha ha you crazy kid Smiley
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Blaztoize
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May 11, 2013, 02:50:20 AM
 #82

Ha, yeah not like Bitcoin have any people mining or using it right? It's so just like BTB.. ha ha ha you crazy kid Smiley

You are by far my favorite trollbox regular. It's a shame that you seem to be playing for the opposite team and hard on this one. VARFÖRRRRR? Sad (<-- Don't actually answer that.)

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May 11, 2013, 02:58:34 AM
 #83

Some clarifications:
1. BitBar is based on PPC, and PPC based coin can not have a hash rate problem, since the difficulty re-adjusts on every block, also reward greatly increase when difficulty falls, so it always in equilibrium. and here is the kicker, the network can have exactly 0 PoW hashing, and it will still functions with simply PoS blocks. So a PPC based coin can never die due to lack of PoW miner.

2. What does BitBar solve? I believe there are two:
* the first and only non-premined scrypt PoW+PoS network in existence
* the only coin with potentially high denomination and a tiny blockchain (due to being PPC based+high denomination), that could end up as a reserve currency for banks/big institutions. I don't think many of these guys want to deal with 10GB+ current annual growth of the Bitcoin blockchain plus the dust/spam/taint that comes with it. BitBar can be a true reserve currency.

btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
jj9guy
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May 11, 2013, 03:01:27 AM
 #84

BitBar has Bar in the name therefore it is worth more than BTC. It also has more confirmations and a high difficulty which is important because nobody else could possibly change the parameters of a coin into those parameters. 

Bar >> Coin


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May 11, 2013, 03:36:53 AM
 #85

BitBar has Bar in the name therefore it is worth more than BTC.
RAFL  Cheesy

lazydna
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May 11, 2013, 03:38:33 AM
 #86

Having a coin with scarcity is not value in itself. Bit bars add nothing as a crypto currency but market a perceived scarcity, when in reality with exchanges there is no scarcity with bit bars, it merely gives the illusion.

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