[ANN]★CryptoBridge★BCO★🔹Gateway to BitShares 📈RELEASED NOW BETA🔹

[BitcoinPappi]

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.

See their blog post where this is addressed as well https://medium.com/@cryptobridge/cryptobridge-funding-model-no-ico-no-premine-fair-distributed-2060d342bd28

This does not answer the question...
It answers a completely different question that STEEM addressed regarding launching an entity via PoW tokens.

BCO is very likely a security in the US, so US exchanges are unlikely...
But I'm more interested in how nicely liquidity is building = $200,000 today  

It does answer the question

1. It states BCO worked with a legal team to before determine how to fund the development of the DEX. Hence BridgeCoin

This is the safest coin in my opinion when compared to all other exchanges and other projects  that have received funding which have done it explicitly as an ICO and so are at a much more significant risk when compared to BridgeCoin and CryptoBridge.  You can live vicariously  through the rest of the traders :p

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[altexchanger2015]

Bridgecoin are trading in bitafex.com
btc: https://bitafex.com/trade/coin.html?coinType=24&tradeType=0
eth: https://bitafex.com/trade/coin.html?coinType=25&tradeType=0

[Rugosa]

how do I add new coins to the exchange

[Passive Coin]

I do not think there is much risk while staking BCO.
Seems a lot of crypto-lovers chosen staking (like me ) and a lot of coins will go out of the circulation, for a longer while.
This means less selling pressure in coming months. .... well, I suppose so....
Dev team is active, determined and going step by step to success, which is most important.

Yes, I see BCO is listed at Bitafex, but not much trading there, is completely fresh exchange.
I think, majority of BCO trading will be concentrated at CryptoBridge.

p.s.
Still CryptoBridge do not support Ethereum based ERC-20 tokens.
Maybe, when they start accepting, we will see Passive Coin listed at CryptoBridge. 

[striker7334 2.0]

Bridgecoin are trading in bitafex.com
btc: https://bitafex.com/trade/coin.html?coinType=24&tradeType=0
eth: https://bitafex.com/trade/coin.html?coinType=25&tradeType=0

Well this is exciting glad to see a new exchange listed!

[BitcoinPappi]

Bridgecoin are trading in bitafex.com
btc: https://bitafex.com/trade/coin.html?coinType=24&tradeType=0
eth: https://bitafex.com/trade/coin.html?coinType=25&tradeType=0

Did CryptoBridge authorize you listing them on your exchange? I suppose in crypto exchanges can list any coins they want since permission is not explicitly needed.

[Fobos2017]

Blockchain stuck for more then 12h that don't look like healthy blockchain.

[etienne_marais]

I'm another nagger vouching for Solaris XLR

Is there a voting system for coins to be listed or something to that effect ?

[etienne_marais]

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.

Is staking fee that much? From your analysis, that's about 30% of amount you intend staking.

Fee is fixed at 27.3142665 BCO regardless amount to be staked or the period of staking. I think they want to encourage larger amounts to be staked.

[madarkieus]

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.

Is staking fee that much? From your analysis, that's about 30% of amount you intend staking.

Fee is fixed at 27.3142665 BCO regardless amount to be staked or the period of staking. I think they want to encourage larger amounts to be staked.

Definitely! I calculated a bit and after that, I came to the conclusion that even with 1000 bco it isn't worth the risk for staking one year for the reward. I really like the exchange but the staking fee makes it very uninteresting for little amounts. So accumulate a lot and wait if the volume picks massively up or just use it as a trading platform.

[etienne_marais]

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.

Is staking fee that much? From your analysis, that's about 30% of amount you intend staking.

Fee is fixed at 27.3142665 BCO regardless amount to be staked or the period of staking. I think they want to encourage larger amounts to be staked.

Definitely! I calculated a bit and after that, I came to the conclusion that even with 1000 bco it isn't worth the risk for staking one year for the reward. I really like the exchange but the staking fee makes it very uninteresting for little amounts. So accumulate a lot and wait if the volume picks massively up or just use it as a trading platform.

Now you tell me , anyway, what was your risk assessment regarding lifetime membership if I may ask ?

[123buocddeu]

The fee is bts, this fee belongs to bitshare it is equivalent to 61 bts. This fee will be reduced when bco increases

[etienne_marais]

The fee is bts, this fee belongs to bitshare it is equivalent to 61 bts. This fee will be reduced when bco increases

I am not sure to whom you are responding, but lifetime membership is 1,541.95703 BTS

Activating lifetime membership on cryptobridge automatically reflected on open ledger as well, so I concur that it relates to the underlying bitshares ecosystem

Are you saying that lifetime membership will decrease or that the BCO staking fee on cryptobridge will be reduced ? Which fee is 61 bts at the moment ?

[madarkieus]

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.

Is staking fee that much? From your analysis, that's about 30% of amount you intend staking.

Fee is fixed at 27.3142665 BCO regardless amount to be staked or the period of staking. I think they want to encourage larger amounts to be staked.

Definitely! I calculated a bit and after that, I came to the conclusion that even with 1000 bco it isn't worth the risk for staking one year for the reward. I really like the exchange but the staking fee makes it very uninteresting for little amounts. So accumulate a lot and wait if the volume picks massively up or just use it as a trading platform.

Now you tell me , anyway, what was your risk assessment regarding lifetime membership if I may ask ?

I calculated with the 27.3142665 BCO for each staking position. Not sure if there are other possibilities. I calculated with 1 million daily volume and 10 million bco are staked. I love passive income so if something new comes up to my equation I may going to stake.

[sluggo]

is the chain stuck or something? wat the fak

[striker7334 2.0]

Started staking the lot of mine for the next six month to a year! I'm excited so far BCO is a huge sleeper at 4k sats and plenty of room to grow in 2018...If BTC would stop stealing all the thunder! 

[etienne_marais]

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.

Is staking fee that much? From your analysis, that's about 30% of amount you intend staking.

Fee is fixed at 27.3142665 BCO regardless amount to be staked or the period of staking. I think they want to encourage larger amounts to be staked.

Definitely! I calculated a bit and after that, I came to the conclusion that even with 1000 bco it isn't worth the risk for staking one year for the reward. I really like the exchange but the staking fee makes it very uninteresting for little amounts. So accumulate a lot and wait if the volume picks massively up or just use it as a trading platform.

Now you tell me , anyway, what was your risk assessment regarding lifetime membership if I may ask ?

I calculated with the 27.3142665 BCO for each staking position. Not sure if there are other possibilities. I calculated with 1 million daily volume and 10 million bco are staked. I love passive income so if something new comes up to my equation I may going to stake.

Open Ledger is already currently at $1,711,294 USD, to be honest I did not do all my homework so I don't know which will be more popular between Open Ledger DEX and Bridgecoin (which is at $30,002 USD with current beta). So I take it you did not take lifelong membership ?

[tyqajtoey]

The fee is bts, this fee belongs to bitshare it is equivalent to 61 bts. This fee will be reduced when bco increases

I am not sure to whom you are responding, but lifetime membership is 1,541.95703 BTS

Activating lifetime membership on cryptobridge automatically reflected on open ledger as well, so I concur that it relates to the underlying bitshares ecosystem

Are you saying that lifetime membership will decrease or that the BCO staking fee on cryptobridge will be reduced ? Which fee is 61 bts at the moment ?

It's the fee to create a vesting balance in bitshares. You can see the bitshares fee schedule at https://cryptofresh.com/fees. I have a lifetime membership in bitshares and staked some BCO, so 80% of the BCO I paid in fees was converted to BTS and returned to my account as BTS in the form of a vesting balance.

[Jorrell]

Announcing BridgeCoin update 1.0.3 - HARD FORK

We've detected an offset in coin calculation, which would result the number of coins to be larger than 27 million. As we would like to keep the initially promised number of coins, we've decided to modify the blockchain consensus code, which will result in a hard-fork for all nodes using client version older than 1.0.3.

The consensus change only affects coins possibly mined after (and including) block 166954 (estimated time - November 28-29, 2017). All coins mined before that block are and will remain safe.

Again we urge all users, mining pool operators and exchanges to upgrade ASAP or at least before block 166954 in order to avoid disruption. All the nodes behind DEX and our seed nodes have already been upgraded.
If you are not using bridgecoin-qt client, you are not affected. If you're only using the CryptoBridge client you are not affected as well.

Downloads and links to github source code are available at https://bridgecoin.org/#three

I've missed this update and am running QT Wallet. Now displaying "No block source available". Any help very appreciated.

[CryptoBridge]

Backup your wallet.dat, remove your .bridgecoin (or %APPDATA%/Bridgecoin) folder and re-sync from scratch. Once synced, copy the original wallet.dat back into the projects.