New Poll for BTX Distribution-Oct 30th

[sshcl]

Dev's Plan+Inremental increase in weekly Airdrops

[1714144823]

1714144823

[reeljade]

Dev's Plan+Inremental increase in weekly Airdrops 

[CryptoRobert]

Gwestcot,
Did you notice that the 10 BTX requirement will be removed at the end of October? What are your thoughts about this? I think that it should remain and I don't believe that I'm alone in this thought.

I support the requirement for the minimum balance, but it could be lowered a bit, eg down to 5 BTX, due to the rise in the price.

As for the poll I think it's too early for massive airdrops, now it definitely would cause the coins' dump.
The coins distribution should correspond to the speed of the adaption and the development of the new use cases for BitCore
I voted for the last option - Continuing 3% - preserve the value - prevent the dump  

The major issue is that we cannot get on any of the larger exchanges because of the premine and the size of the dev's addresses. Using Metcalfe's Law, the total valuation of Bitcore is 16.9M USD. At full distribution this would mean that right now each BTX is really worth a little over 1 dollar. That is ok by me since you would have more coins but the project would also gain legitimacy.  

I'm very interested in your use of Metcalfe's law. How did you exactly made this calculation? Is the user base of Bitcore known or just estimated from the existing addresses? Is there any study of the value of other coins as matched with the numbers of Metcalfe's law?

There is a forum post from an economists somewhere around here but yes it was determined that there is a strong correlation between Metcalfe's Law and the value of Bitcoin. It really can't be used as a predictive tool but rather it can be used to tell you if a coin is undervalued at that moment. I think there are two equations to determine value. One is based on daily transactions which Bitcore is fairly low and the other is in the total number of addresses. He gave each equation a coefficient with addresses being worth .30 and transactions being worth 1.50.

I am aware of this post perhaps, if it is the treatment of Metcalfe's law by a bitcointalk member called Peter if I remember well. But I am especially curious if there are already made studies with these formulas for different coins, so that i don't have to learn how to do them myself.

[Jonasch]

Dev's Plan with an incremental increase in weekly Airdrops

(don't see an option to vote in the poll)

[crimsongoth]

According to me, the most logical plan

Dev's Plan+10% Weekly Airdrops

[zinic]

Hi gwestcot,

according to https://bitcointalk.org/index.php?topic=1883902.0, " At the beginning of october, we place an online registration page for the 3% airdrop. You have to registrate ONE TIME your BTX adress with a signed message."

I understand that this 3% depends on the result of the poll, but what about the registration, is still neeeded? where is it available?

[gwestcot]

Hi gwestcot,

according to https://bitcointalk.org/index.php?topic=1883902.0, " At the beginning of october, we place an online registration page for the 3% airdrop. You have to registrate ONE TIME your BTX adress with a signed message."

I understand that this 3% depends on the result of the poll, but what about the registration, is still neeeded? where is it available?

The website is being reworked right now so it will be available soon! Just look out for it on all of the social media pages.

[xijiangyue]

Dev's Plan+Inremental increase in weekly Airdrops

[xarix]

Does everyone who voted for #4 realise that the October airdrop is reduced to 15% in this plan?

[Anthony1985]

Can someone clarify what's the plan for the future Airdrop?

[stzcze]

Continuing 3% airdrops until fully distributed

(don't see an option to vote in the poll) newbie?

[flntyey]

#4 Dev's Plan+Inremental increase in weekly Airdrops

[tokenwing]

Regarding 25% one time airdrop and new snapshot on Oct 30, there will be 8,000,00BTX circulation. So, to keep 3% weekly or even a bit less will dramatically reduce market dumping and helps market cap keep up. I choose option 5th.

[Vigme86]

I know I can't vote since I'm a newbie , anyway I would like to suggest Dev's plan, choice number 1.
I think it's the best one who can balance and to keep the value

[thebanker28]

Perhaps this is me being a little greedy, but I prefer plan 5 because it means that Bitcoin holders are not being gifted 6 million BTX coins. Plan 5 rewards those who hold BTX over the longer run and would keep the price more stable / upward, without having any dump effect.

The other plans give 6 million BTX to non BTX holders and in my opinion risk triggering a huge dump at some point.

[seven.71]

I would like to inquire about airdrop per / week given 3%
if I have 100BTX balance do I get 3% of my balance as much as 3BTX 

[bbcolex]

I would like to inquire about airdrop per / week given 3%
if I have 100BTX balance do I get 3% of my balance as much as 3BTX 

you are correct.
100/x=100/3
(100/x)*x=(100/3)*x       
100=33.3333333333*x       
100/33.3333333333=x
3=x
x=3

100btx = 3btx weekly airdrop

[Alex max Khan]

Hi everbody,

If i can vote, i lovely plan 1 or 4.

[Exploid]

Dev's Plan+Inremental increase in weekly Airdrops

[haitr81]

Hello everyone,I like this: Continuing 3% airdrops until fully distributed
good luck for all