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Author Topic: [ANN]★CryptoBridge★BCO★🔹Decentralized EXchange 📈RELEASED NOW BETA🔹  (Read 45417 times)
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madarkieus
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December 01, 2017, 09:54:48 AM
 #641

So the staking possibility is open now.

"The blockchain fee to start a new staking position is currently set at 27.3142665 BCO."

So there is no way of little positions to open because otherwise, the fee will definitely outweigh the gains. I think I will do the math later on how much traffic is needed for a certain amount of BCO to be profitable.

I guess the bonus is calculated on the 0.1% fee share you will get. So you can get 0.2% fee share if you lock your coins for 1 year.
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CryptoBridge
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December 01, 2017, 10:08:21 AM
 #642

As some have mentioned, staking is now active and 0.9.4 client has been released. Thank you for @inoue for the japanese translation and thank you @coinman for the blog articles.

For the time being, 75% of all trading profits will go to BCO stakers (equals 0.15%). 25% of trading profits go to the already established market maker program. CryptoBridge will not get a cut in this. With that we hope to boost the overall success of the program and volume.

Download at https://crypto-bridge.org or use the web wallet at https://wallet.crypto-bridge.org

A tutorial how to stake can be found on our blog:
https://medium.com/@cryptobridge/tutorial-how-to-stake-bridgecoin-bco-on-cryptobridge-to-receive-50-of-profits-ce3fea3fad2e

More information how staking is calculated and how our bonus system works is also available here:
https://medium.com/@cryptobridge/introducing-staking-50-of-all-trading-profits-on-cryptobridge-will-go-to-bridgecoin-stakers-b26fe7723a3

vanBlack
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December 01, 2017, 12:54:25 PM
 #643

Update the roadmap on the site. December is already started)

Do you have some statistics about transactions already made on the exchange?



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usmanov123
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December 01, 2017, 01:18:02 PM
 #644

Are there any announcements about adding new coins on CryptoBridge?

Swinging Phallus
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December 01, 2017, 02:11:41 PM
 #645

Are there any announcements about adding new coins on CryptoBridge?

Yes, much more to come, according to slack. Devs are working on ETH integration at the moment as well.

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December 01, 2017, 02:17:56 PM
 #646

Any1 else have the same problem with the https://pool.bridgecoin.org pool? I can't log in. No e-mails are sent to my e-mail address.
I can't withdraw my BCO... Before I locked my account I also never got the withdrawal e-mail.  Huh
and now I can't login because I entered to many wrong PIN's.
Tried password recovery with my username. Also no e-mail.

Sent the pool operator a message yesterday and to the member CryptoBridge. Can't expect to get a message so soon. But this does start to worry me.
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December 01, 2017, 02:31:17 PM
 #647

Will these token beneficiaries receive daily or weekly, for example exchange rates ?

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December 01, 2017, 02:33:46 PM
 #648

Now, I can't withdraw $BCO from https://pool.bridgecoin.org/index.php
Is there any problem on this pool?

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December 01, 2017, 02:36:34 PM
 #649

you guys give so much put so much work in and take so little, its impossible for this to not moon !

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CryptoBallin
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December 01, 2017, 02:47:04 PM
 #650

Is there a reason a sell order has to be set so far above the actually market price?
I sent some Xvg to CryptoBridge yesterday to try out the exchange. I sent 10k and tried to set up a sell order @70 sats. But i just kept getting an error saying i needed to enter a valid price. It wasn't until i raised the price to 100 sats that the order would go through. Now don't get me wrong i'd love to sell @100 sats, hell i'd move all of my Xvg there if i could sell that high lol, but could you please explain the reason i have to set so high above actual market price? Seems counter productive when you're trying to add liquidity to make people set unreasonable orders.
Anyway after getting frustrated i just withdrew my coins. Eventually i'd like to try it again but as of now i'll take my chances with centralized exchanges. Much bigger security risk but also much more user friendly.
Oh and i did leave 2 Xvg there and set them to sell @100 sats so i know it wasn't a thing were the fee would be to small and i could see that orders had gone through @71 sats in the past.
BitcoinPappi
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December 01, 2017, 04:30:08 PM
 #651

Any1 else have the same problem with the https://pool.bridgecoin.org pool? I can't log in. No e-mails are sent to my e-mail address.
I can't withdraw my BCO... Before I locked my account I also never got the withdrawal e-mail.  Huh
and now I can't login because I entered to many wrong PIN's.
Tried password recovery with my username. Also no e-mail.

Sent the pool operator a message yesterday and to the member CryptoBridge. Can't expect to get a message so soon. But this does start to worry me.

Give your email to support on Slack. They will have it resolved for you. You should know that it is no longer possible to mine BCO
Lucasgabd
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December 01, 2017, 05:04:58 PM
 #652

Is there a reason a sell order has to be set so far above the actually market price?
I sent some Xvg to CryptoBridge yesterday to try out the exchange. I sent 10k and tried to set up a sell order @70 sats. But i just kept getting an error saying i needed to enter a valid price. It wasn't until i raised the price to 100 sats that the order would go through. Now don't get me wrong i'd love to sell @100 sats, hell i'd move all of my Xvg there if i could sell that high lol, but could you please explain the reason i have to set so high above actual market price? Seems counter productive when you're trying to add liquidity to make people set unreasonable orders.
Anyway after getting frustrated i just withdrew my coins. Eventually i'd like to try it again but as of now i'll take my chances with centralized exchanges. Much bigger security risk but also much more user friendly.
Oh and i did leave 2 Xvg there and set them to sell @100 sats so i know it wasn't a thing were the fee would be to small and i could see that orders had gone through @71 sats in the past.

weird. I had no problems like that, could set up an order at any price
but only tried the BCO / BTS market

any chance that the problem is only with XVG market?

curious to try the other markets there as well...

--//--

did a stupid error today and selected 1 month instead of 12... but its ok, at least I make it a test month, any idea of estimation on how much 1000 BCO would pay over fees for staking in a month?
(I don't have 1000, is just to have an estimation amount and see if it'll cover the fees at least...)

also will it be a way to keep track of received amount of BCO?
it's paid bi-weekly in which weekdays?

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December 01, 2017, 05:16:06 PM
 #653

If you get a weird error when attempting to stake, make sure the amount you are staking is less than your total minus the staking cost. For example if you're trying to stake all 100 of your coins, you can't. You can stake 100-27 (staking fee)=73 coins available for staking. Those are rounded numbers for all of it but this should help you understand what I'm saying.

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all2much
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December 01, 2017, 06:10:29 PM
 #654

Just bought some BCO on EtherDelta and now I want transfer them to the wallet address CryptoBridge gave me on the exchange but an error comes up at EtherDelta saying, "Please specify a valid address". Any thoughts on what I'm doing wrong?
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December 01, 2017, 06:23:45 PM
 #655

Just bought some BCO on EtherDelta and now I want transfer them to the wallet address CryptoBridge gave me on the exchange but an error comes up at EtherDelta saying, "Please specify a valid address". Any thoughts on what I'm doing wrong?

The coin you have just bought is Bananacoin. Bridgecoin and Bananacoin have the same ticker symbols. My advice is to sell Bananacoin, convert the Ether to Bitcoin with Shapeshift, and from there send it to your Cryptobridge address.
johntradez
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December 01, 2017, 06:33:53 PM
 #656

What is the legal status of BCO tokens now that they receive profits from the trading? It sounds like dividends from a stock and would make BCO considered a security.

Since CryptoBridge does not keep any of the trading profits themselves, does that make BCO different from a security somehow? Has anyone on the CryptoBridge looked into this at all? I'm liking this coin a lot but hesitant to get in if there could be legal issues.
rumpel_tusk
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December 01, 2017, 06:46:10 PM
 #657

What is the legal status of BCO tokens now that they receive profits from the trading? It sounds like dividends from a stock and would make BCO considered a security.

Since CryptoBridge does not keep any of the trading profits themselves, does that make BCO different from a security somehow? Has anyone on the CryptoBridge looked into this at all? I'm liking this coin a lot but hesitant to get in if there could be legal issues.

I just asked your question to one of the devs on the Slack channel. They said Bridgecoin is not a security because it is a freely mineable coin. They also gave me this to refer you to: https://bytemaster.github.io/article/2016/03/27/How-to-Launch-a-Crypto-Currency-Legally-while-Raising-Funds/

If it had been an ICO, then it would have been a security.
CryptoBridge
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December 01, 2017, 06:49:41 PM
 #658

BridgeCoin cannot be considered a security since it is, and always was a freely mineable coin that could be mined by anyone since Day1 with no pre-mine. There were no promises made in the beginning and we're not exchanging the Coins with some token. We're also not selling coins directly to any of you. We're not the administrators of the cryptocurrency "BridgeCoin" and as such, there is no regulation when it comes to BridgeCoin.

A good read on this topic is https://bytemaster.github.io/article/2016/03/27/How-to-Launch-a-Crypto-Currency-Legally-while-Raising-Funds/ for example.

CryptoBridge
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December 01, 2017, 06:54:01 PM
 #659

If you get a weird error when attempting to stake, make sure the amount you are staking is less than your total minus the staking cost. For example if you're trying to stake all 100 of your coins, you can't. You can stake 100-27 (staking fee)=73 coins available for staking. Those are rounded numbers for all of it but this should help you understand what I'm saying.

Thanks, we're aware of that. We'll fix it in the next release.

CryptoBridge
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December 01, 2017, 06:56:28 PM
 #660

Is there a reason a sell order has to be set so far above the actually market price?
I sent some Xvg to CryptoBridge yesterday to try out the exchange. I sent 10k and tried to set up a sell order @70 sats. But i just kept getting an error saying i needed to enter a valid price. It wasn't until i raised the price to 100 sats that the order would go through. Now don't get me wrong i'd love to sell @100 sats, hell i'd move all of my Xvg there if i could sell that high lol, but could you please explain the reason i have to set so high above actual market price? Seems counter productive when you're trying to add liquidity to make people set unreasonable orders.
Anyway after getting frustrated i just withdrew my coins. Eventually i'd like to try it again but as of now i'll take my chances with centralized exchanges. Much bigger security risk but also much more user friendly.
Oh and i did leave 2 Xvg there and set them to sell @100 sats so i know it wasn't a thing were the fee would be to small and i could see that orders had gone through @71 sats in the past.

Thank you we can reproduce it. Will take a look and fix it. There seems to be a problem with prices of less than 100 satoshi.

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