[ANN] Billionaire Token - Games on the Blockchain! 🔥 Deflationary Algorithm

[gluedog]

You can also use Mist to store and use your tokens. It has a much sleeker interface, it's faster and easier to use. The only downside is that you have to download the whole blockchain to your PC. I recommend using an SSD.

It will also be much easier to play the raffle using this wallet. I highly suggest you guys start downloading it if you plan on playing the Raffle seriously

Can't we just use the raffle with Myetherwallet? Personally I prefer not to use Mist.

I second that too!

You can use the raffle with MyEtherWallet as well.

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[BerkelCrypto]

Also with IMtoken?

[gluedog]

Also with IMtoken?

I don't think so.

[btarr]

The raffle represents the core deflationary mechanism of Billionaire Token. Every week, people will be able to submit 20 XBL to an Ethereum Smart Contract address - this is the equivalent of buying one ticket. More tickets will mean a better chance at winning. At the end of each week, three lucky winners will become Billionaires! First place gets 40% of all the tokens that were raised during that week, second place gets 20% and third place gets 10%. From the remaining 30% of the tokens: 10% are burned - as an offering to the market gods. The other 20% are sent to an Ethereum Smart Contract Address that works like a twisted faucet, rewarding people for burning their coins. The winner selection is completely random, and the code is open for everyone to read. Because the raffle itself lies on the Ethereum Network, it is self-sufficient. Once deployed, it will work forever.

How could you be a Billionaire? They couldn't possibly collect that much. The market cap isn't even that much. Can anyone explain this to me? Thanks.   

[gluedog]

The raffle represents the core deflationary mechanism of Billionaire Token. Every week, people will be able to submit 20 XBL to an Ethereum Smart Contract address - this is the equivalent of buying one ticket. More tickets will mean a better chance at winning. At the end of each week, three lucky winners will become Billionaires! First place gets 40% of all the tokens that were raised during that week, second place gets 20% and third place gets 10%. From the remaining 30% of the tokens: 10% are burned - as an offering to the market gods. The other 20% are sent to an Ethereum Smart Contract Address that works like a twisted faucet, rewarding people for burning their coins. The winner selection is completely random, and the code is open for everyone to read. Because the raffle itself lies on the Ethereum Network, it is self-sufficient. Once deployed, it will work forever.

How could you be a Billionaire? They couldn't possibly collect that much. The market cap isn't even that much. Can anyone explain this to me? Thanks.  

It's a figure of speech. We're all Billionaires... Everyone that has XBL is a Billionaire !:)

[gluedog]

Would everyone here like to see Weasel featured as a character in one of our upcoming games?

[robelneo]

Hi, first time here. Noticed someone with a bot was trapping the price down at Cryptopia, seems it has stopped just now. Hoping to see the burner and the poker app soon!

Notice that too, price should be within the 8000 mark but the bot is pulling it down no problem at all I am very confident it will reach 10000 in just a short period of time, development is on going and gluedog is taking care of business and I aint going to dump my share in fact will buy more.

[ue8760806mend@163.com]

The site have already change ?

[gluedog]

The site have already change ?

Not yet.

We want to move fast and have the new website and Raffle + Burner (with a Graphical interface) by November. This is why we're not even bothered with updating much of the current website, it will all be replaced!

[arber_arapi]

Hi, first time here. Noticed someone with a bot was trapping the price down at Cryptopia, seems it has stopped just now. Hoping to see the burner and the poker app soon!

Notice that too, price should be within the 8000 mark but the bot is pulling it down no problem at all I am very confident it will reach 10000 in just a short period of time, development is on going and gluedog is taking care of business and I aint going to dump my share in fact will buy more.

Forget me, bot is still operating. Im also quite happy about it tbh, cheaper I can buy, it just scares me how this bot reduced volume and price so much, I hope good news come soon so I dont have to wait for my profit!

Bots are able to do that pretty easily if there are no large enough buy walls at different price points, they start selling everything to the remaining buyers so people start panicking there are no buyers anymore and start selling. Unfortunately, there is no demand at the moment because the games aren't out yet, so there are not enough buy orders to fight against the bot. The total amount was not more than 3 BTC yesterday, which is a joke, with the majority of the buy orders being at a very low price. I have no bot and I could easily crash the price by buying all the buy orders with my XBL.

[H055Y]

Let the bot bot i was able to flip my coins and the bot stopped the price psuhing down the moment i bought back in Go weasle!

[BerkelCrypto]

The site have already change ?

Not yet.

We want to move fast and have the new website and Raffle + Burner (with a Graphical interface) by November. This is why we're not even bothered with updating much of the current website, it will all be replaced!

This means that the first time we can use the raffle and burner will be somewhere November? Or are the raffle and burner itself earlier available to play?

[ifrietpani]

The site have already change ?

Not yet.

We want to move fast and have the new website and Raffle + Burner (with a Graphical interface) by November. This is why we're not even bothered with updating much of the current website, it will all be replaced!

This means that the first time we can use the raffle and burner will be somewhere November? Or are the raffle and burner itself earlier available to play?

It will be available at an earlier stage (not long from now, according Gluedog). However in the earlier stage you cannot do this with the GUI so Gluedog and his team will write in instruction on how to do this before in November the GUI will be ready.

Ps. correct me if I'm wrong.

[Deki1904]

Hi,

the first round of the Raffle will be in October? or November?

And is there a other way to participate easy and not over Myetherwallet?

Cheers

[ifrietpani]

Hi,

the first round of the Raffle will be in October? or November?

And is there a other way to participate easy and not over Myetherwallet?

Cheers

I also wonder on how to participate even when the GUI is in place. I mean you still have to have XBL, so people (who are not into the crypto world) still need to purchase XBL on the exchange. As far as I can recall this will be integrated in the future as well so that basically people without any crytpo knowledge can participate? Will this also be in place in November, or will this be a long term change.

[Yankeeruinx]

I think initially the raffle won't have a GUI but will be usable and working as soon as it is up this week. If you have an understanding of crypto you will be able to use it and step by step guides will be made to enter etc. However it won't be as simple and clean as you might expect until the GUI is in place as the GUI's purpose is to make it all tidy and simple to use.

Main purpose is the get the raffle running in raw form to ensure everything works correctly, once that is all in place and stable the GUI will follow and it will be ready for the masses.

[BittyBatty]

Ok, I was super hesitant to buy this coin. I threw some money into it for fun not expecting much to happen. However, the dev is committed... I haven't seen a token make progress as quickly as this one. You probably won't become a billionaire on it, but you will have fun and make some good money on it (or lose it gambling, your choice) IMHO.  The dev is super committed as well. Jump on board now.

Not going to be a billionaire? Nooooooooooooooooooooooooooooo  

What he meant was , you and I won't become a billionaire but don't worry  Glue Dog will!!!

[H055Y]

They announced stuff for this week, and today we are Thursday, which means they have until Sunday to come out with their Raffler & Burner (Without GUI ofcourse) and they are also still waiting for a reply from HitBTC which they applied to as well i think last weekend or on monday this week. I also see what the bot is doing and the buy support gone down a bit. But like most coins the profit will be made after a longer period of time. Right now we have the people who bought in on the ICO taking their 2x or 3x profit out which is reasonable. All I did with the bot was flip along to increase my XBL stash .

The weasel is cool, don't know what they could use it for in a game, maybe make him the dealer in the Poker game

So yea, some small updates about current state of development would keep the FUD away and make hodlers more positive towards the whole thing.

[fishfishfish313]

Hey guys.  These things take time.  This is still a brand new coin.  We have obvious development, a roadmap, and a vision.  People in crypto wants things to happen in the span of hours.  There is a dev who is competent, active, and is working everyday on the project.  I'm chilling here for the long haul and seeing what happens.  Either way, it is still trading above ICO price.

[H055Y]

Hey guys.  These things take time.  This is still a brand new coin.  We have obvious development, a roadmap, and a vision.  People in crypto wants things to happen in the span of hours.  There is a dev who is competent, active, and is working everyday on the project.  I'm chilling here for the long haul and seeing what happens.  Either way, it is still trading above ICO price.

The roadmap does lack timestamps though, I know there can't be any fixed dates placed on it, but like Q4 2017 or Q1 2018 does help to calm people's nerves about when something will be launched I do know that some things have been announced for this week like Raffler & Burner and somehow he also mentioned the website being updated entirely as a comment on that Youtube video someone made about XBL. If things have to be postponed that is fine, but communicate about it.

Also what would be very nice is that the Twitter account was more popular, but ofcourse buying followers won't get u nowhere.