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Question: Which Distribution Plan would you like to see for Bitcore(BTX) on Oct 30th?  (Voting closed: October 28, 2017, 07:56:33 PM)
Dev's Distribution Model - 12 (7.8%)
Hybrid Distribution Model - 12 (7.8%)
Dev's Plan+10% Weekly Airdrops - 29 (19%)
Dev's Plan+Inremental increase in weekly Airdrops - 57 (37.3%)
Continuing 3% airdrops until fully distributed - 43 (28.1%)
Total Voters: 153

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Author Topic: New Poll for BTX Distribution-Oct 30th  (Read 5248 times)
sshcl
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October 12, 2017, 09:28:34 PM
 #61

Dev's Plan+Inremental increase in weekly Airdrops
reeljade
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October 13, 2017, 09:30:12 AM
 #62

Dev's Plan+Inremental increase in weekly Airdrops  Kiss
CryptoRobert
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October 13, 2017, 12:14:44 PM
 #63

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  Smiley

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. Smiley
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October 14, 2017, 07:09:08 AM
 #64

Dev's Plan with an incremental increase in weekly Airdrops

(don't see an option to vote in the poll)
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October 14, 2017, 11:09:57 AM
 #65

According to me, the most logical plan

Dev's Plan+10% Weekly Airdrops
zinic
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October 14, 2017, 02:27:50 PM
 #66

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 (OP)
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October 14, 2017, 04:13:04 PM
 #67

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.
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October 15, 2017, 09:08:52 AM
 #68

Dev's Plan+Inremental increase in weekly Airdrops
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October 15, 2017, 01:12:02 PM
 #69

Does everyone who voted for #4 realise that the October airdrop is reduced to 15% in this plan?
Anthony1985
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October 16, 2017, 01:30:04 PM
 #70

Can someone clarify what's the plan for the future Airdrop?
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October 16, 2017, 06:25:37 PM
 #71

Continuing 3% airdrops until fully distributed

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

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October 16, 2017, 08:49:34 PM
 #72

#4 Dev's Plan+Inremental increase in weekly Airdrops
tokenwing
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October 17, 2017, 12:46:46 PM
 #73

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.
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October 19, 2017, 09:58:43 PM
 #74

I know I can't vote since I'm a newbie Smiley, 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
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October 21, 2017, 07:48:01 PM
 #75

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.

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seven.71
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October 21, 2017, 11:52:44 PM
 #76

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  Huh


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October 22, 2017, 12:14:03 AM
 #77

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  Huh

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

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October 22, 2017, 01:31:15 AM
 #78

Hi everbody,

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

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October 23, 2017, 07:29:42 PM
 #79

Dev's Plan+Inremental increase in weekly Airdrops
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October 24, 2017, 06:42:57 AM
 #80

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