bible_pay (OP)
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December 10, 2019, 03:56:45 PM |
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75% of Top 20 crypto exchanges wiped out in new CMC (CoinMarketCap) rankings https://micky.com.au/75-of-top-20-crypto-exchanges-wiped-out-in-new-cmc-rankings/Top 50 Cryptocurrency Exchanges by Liquidity https://coinmarketcap.com/rankings/exchanges/liquidity/"BKEX, Coinsbit, Bilaxy, Fatbtc, IDCM, Hcoin, Bitforex, Latoken, Cat.ex, Coinegg, Dcoin, Sistemkoin are off the list entirely, while Coineal has dropped to No.25, Coinbene had dropped to No.32 and P2PB2B has dropped to No.37." (NOTE: I dont see P2PB2B on the liquidity ranking anymore) I'm glad they are taking out the trash. We probably could have saved 2 1/2 btc if we had this today. I agree that pure volume is no longer good enough to rate an exchange. They came up with the good idea of using liquidity, which is the amount of buy(s) and sell(s) available at the nearest satoshi level on the exchange (which I guess maybe some of the seedy exchanges will start to fake next to move up the ranks). Meaning that ultimately its a cat & mouse game (one thing I am very fond of, and dislike). One ill intended side effect of using "liquidity" is when our price is below 5 sats, we also get hit with a penalty. Our SX reported adjusted liquidity is wrong if CMC uses an algorithm that measures the distance up and down by something like 10%. Since our difference in sat between 2 and 3 sat is something like 50%, we are not even on the scale (lol). So we display as an infinitesimally small liquidity compared to the actual $ spend in liquidty on SX. Actually looking at CMC today, I see our liquidity is zero. I think they removed the metric for coins below a certain threshhold.
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bible_pay (OP)
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December 10, 2019, 04:19:56 PM |
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*** BIBLEPAY IS ENTERING RUSSIA ***
We will be going live on Graviex on Christmas right after our new release! The total integration cost is zero thanks to a donation from an anonymous donor.
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bible_pay (OP)
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December 10, 2019, 04:34:33 PM |
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sunk818
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December 10, 2019, 07:50:40 PM |
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If it is His will, may God bless BiblePay to survive long enough where orphans can become sacrificial leaders themselves. Which criticism do you refer to from Inblue, I don't particularly know what you mean.
I do think DASH is watching us, I'll get back asap on that as time permits.
https://bitcointalk.org/index.php?topic=2388064.msg53286451#msg53286451I'm referring to the "profit takers". Short term miners earn BBP and sell to offset their mining expenses. That is the same parallel with DASH miners. By adjusting the economics, the "profit takers" have less to sell on the exchange by diverting earnings from Proof of Work to Proof of Stake and Masternodes. DASH may completely eliminate Proof of Work after a lengthy and controversial community discussion. With InstantLock and Masternode quorums, much of the downside of Proof of Stake is mitigated by these technologies. The timing is also ripe as ETH is closer to switching to PoS as well. Graviex Are they the ones with the wonky 9th decimal? I've done some bad trades because of the 9th decimal. Just be careful when trading.
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bible_pay (OP)
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December 11, 2019, 01:59:20 AM |
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Nice! And in addition to the sabbatical cycle, the Shemitah and Jubilee cycle, the 7 day work week, I also believe in the '7000 year' Messianic Age theory; the theory that spans from Adam to the end of the Millenial reign of Christ (before we enter into a new period- eternity with Jesus). In this theory, the age is broken into 4 dispensations: 2000 years for Noahanic (Adam to Noah), 2000 years from Abraham to Jesus (The Law, the time of Moses), and 2000 years for the Church Age (The age of grace), and finally the Messianic Kingdom (1000 years). I believe that the Star of Bethlehem passed over Israel when Adam was born (in about 4000 BC), then again around 1500 BC (star software can show the exact date, but I believe Abraham was about 99 years old - approx the time God made the covenant), then again in 4 BC (2 years before Jesus was born, while the three wisemen were journeying), then again in 2016 (the end of the Obama presidency, roughly the end of the church age). I believe it appears 'as a sign and wonder in the sky' approx. 2 years before something major takes place (IE 70 years from the reinstatement of Israel brings you to that date in our current Church Age). So if you are like me, I look forward to the fulfillment of the 6000 years very soon (this is similar to saying, when will Daniels 70th week start)? God has an accurate clock, and I believe this is another cycle. If I'm wrong we still actually have a little room in between Daniels 69th and 70th week, and the length of a "strong" generation, so I'm not setting any date (to imply it has to be 2 years after the star passed over Israel last); I think the bible clearly tells us no mans knows the day or hour; and the "sign" is just that - a sign of the end of the church age. We are to pay attention to the signs however, to be zealous for the Lord and know when we are in the "season" of his return.
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sunk818
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December 11, 2019, 04:50:39 AM |
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https://whitewalr.us/2019/2019-holiday-gift-305.htmlThanks to the generosity of the BiblePay community, we were able to collect 1.44M BBP and $100 USD. That converted to 0.0424 BTC ($305 USD) and sent to the two charities for the children’s holiday party. Thanks to everyone for their generous hearts and a desire to give anonymously without expecting anything back.
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bible_pay (OP)
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December 11, 2019, 03:32:40 PM |
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https://whitewalr.us/2019/2019-holiday-gift-305.htmlThanks to the generosity of the BiblePay community, we were able to collect 1.44M BBP and $100 USD. That converted to 0.0424 BTC ($305 USD) and sent to the two charities for the children’s holiday party. Thanks to everyone for their generous hearts and a desire to give anonymously without expecting anything back. Thats awesome! Thank you for organizing this! I'm sure they will have brighter eyes this Christmas. On a side note, Todd clarified that no one has sponsored the core 11 yet; so I plan on sponsoring all 11 myself tomorrow; unless someone wants to commit to some today. We can talk about Kairos right around Christmas.
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bible_pay (OP)
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December 11, 2019, 03:42:58 PM |
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I'm currently going through the c# pool.biblepay.org code to find anything we have in it that is still mission critical. (Now that the pool no longer mines, nomp takes care of the mining).
My goal is to port this extra code to DSQL so it can be served in a decentralized way.
So far I have already found a lot of work for my todo list. Decentralizing orphan letter writing (although, with POOM coming up, technically all the letters are the responsibility of the miners now, so Im placing this low on the list). Decentralizing the Expense-Add and Revenue-Add pages (IE Im going to make it so a biblepay keyset can have permissions to add records, this means we can designate multiple users to add expense or revenue records). (On a side note, DSQL will support almost any new data-add reqs in the future as this will be very generic and flexible - not hardcoded to be 'expense add'. We will have a customizable UI per object type, so we can add more pages in the future, and allow our 'ambassadors' to make this a robust community project for administration purposes.
- Two reports for Cameroon and Kairos for POOM API integration - An API call that gets the current BBP price and the BTC price (we will do this in DSQL also) - BBP RPC call support for DSQL - Linux MSSQL support and Docker support (this will need a video of its own) - Decentralized orphan list - Treasure Trove Video search - SEO urls for BMS UI - PODC UI - Decentralized Web home page - Partner Page (We partner with...) - All things stored in the pool.biblepay.org SAN need converted to DSQL links (oh no.... this is huge). We have a lot in there.
When this is finished, I plan on retiring pool.biblepay.org in favor of DSQL.
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sunk818
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December 11, 2019, 03:59:29 PM |
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On a side note, Todd clarified that no one has sponsored the core 11 yet; so I plan on sponsoring all 11 myself tomorrow; unless someone wants to commit to some today. We can talk about Kairos right around Christmas.
I can sponsor core 5 of 11. Let me know how.
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bible_pay (OP)
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December 11, 2019, 04:07:27 PM |
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** Compassion.com Update/POOM Update **
So we currently have 80 children with compassion that we pay $38 per month for, and we have a credit balance. To be fully transparent as we always have been, I want to give an update on our history with compassion and where we are going in the future.
Our first sponsored child was in August 2017 with compassion. We peaked with 329 sponsored children in August 2018. After the HODL crash we decreased down to 80 where we currently are.
We have a credit balance of ~$3200 that will allow our compassion children to continue until January 20, 2020. I plan on giving Compassion a 20 day notice, after the holidays are over of our intent to temporarily cease sponsoring children in the compassion account. This is not entirely for financial reasons however, it is primarily because we released POOM, and Cameroon-One graciously agreed to have IT conference calls, and integration meetings, and was flexible to implement a Proof-of-orphan-sponsorship mechanism that proves a miner is sponsoring a child. (To clarify this: With Cameroon-One, Kairos and POOM, a unique ID (generated by BBP) exists for every orphan. This points to the orphans BIO URL - and it also points to a history of payment debits and credits for the child by the miner. Meaning a person can provably ascertain this child is sponsored, and, anyone can check the hex-id code of the child with the charity and know the child is with biblepay. Additionally, our API can query a child balance directly from the charities server by ChildID. Otoh, with Compassion, they would not agree to providing any indicator on an account containing a hex-code that would point to the child being sponsored by BBP. Therefore we placed an emphasis on integrating with POOM because it gives us exciting opportunities for transparency, decentralization, and for scalability. With POOM, our sponsorships will scale up without destroying our price (because miner rewards are used to compensate the miners, in contrast to governance charity funds).
I agree that we still have work to do, in decentralizing further. We will still explore even more autonomous options in the future, such as providing automatic keypairs per orphan id with auto-scaling, and further decentralizing our chairities to make them automatically pick up children without human interaction. I agree that we should not have a single point of failure or a single person blocking this endeavor in the future.
I want to stress, Compassion.com is still a valuable partner that we may want to work with in the future. We need to tell them with love we enjoyed their cooperation and partnership up to this point, and that our decision to suspend the children was driven by our POOM endeavor. If they will be open to future calls in providing a public orphan-id for biblepay to query, then we will open communication again with them. What I would ultimately like to see is us take control of our expenses, our price rising above 100 satoshi, and having a true DAC (decentralized autonomous charity) to auto fund Cameroon, Kairos and Compassion, and see us with over 32000 orphans per month.
On a side note, compassion does have insurance for the children we are about to cancel. A child sponsored with compassion is automatically covered on a policy of continuation until they receive a new sponsor.
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bible_pay (OP)
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December 11, 2019, 04:52:30 PM |
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Speaking of moving docs from the pool server to DSQL, I ran across this guide: https://pool.biblepay.org/media/Biblepay-General%20Information.pptxIts a very nice guide. It says last modified by Sun. Sun did you create this one? Is anyone (or Sun) interested in modifying it to reflect WCG in place of Rosetta? And freshening the reqs for PODC 2.0? Feel free to fix it and the Ill place it back where it is - and of course move it when our new page is ready. Thanks....
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prologas
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December 11, 2019, 07:34:28 PM |
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GrepBlock.com + Biblepay (BBP)
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togoshigekata
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December 12, 2019, 12:47:38 AM Last edit: December 12, 2019, 01:05:50 AM by togoshigekata |
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Richard Heart was almost in tears about Bitcoin not doing well 2 years ago in an interview with Ivan on Tech (Richard was a Bitcoin Maximalist and was an early BTC miner getting 50 BTC a block), he makes some good points in the interview [sorry about the cursing and gestures]: https://www.youtube.com/watch?v=w8_1JFE_9dI&t=4100I only recommend watching for maybe 15-20 minutes from the point I linked
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bible_pay (OP)
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December 12, 2019, 02:26:28 AM |
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bible_pay (OP)
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December 12, 2019, 02:51:06 AM |
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Richard Heart was almost in tears about Bitcoin not doing well 2 years ago in an interview with Ivan on Tech (Richard was a Bitcoin Maximalist and was an early BTC miner getting 50 BTC a block), he makes some good points in the interview [sorry about the cursing and gestures]: https://www.youtube.com/watch?v=w8_1JFE_9dI&t=4100I only recommend watching for maybe 15-20 minutes from the point I linked That guy is raw and off the 'chain'. I wish we could convince him to receive the Holy Spirit so he didn't swear. But anyway he appears to be very intelligent and his point of view is very unique. I give his opinion a lot of credibility. I personally believe in Elliot Wave macrocycles. I feel that up til now, everyone has been very loyal bitcoin (they give the devs complete credit and loyalty since they were the first successful crypto - and thats honorable and good and surprising in an industry that has so many catastrophic problems) and the altcoins, got really trashed after that 2018 pump n dump. I think the altcoins got blindly bought buy every institution out there because they were too dumb to pick the good ones so they bought everything at the same time, hoping to hold the holy grail. Then after the crash the institutions were burnt so bad, they are looking at alt coins like hazardous waste (one reason we are so low right now ourselves). But with waves, everything goes in cycles, meaning we will eventually see BTC crash (or halve) and no loyalty to the grandfather, and Altcoins be rewarded - but this time probably certain altcoins (as the burned institutions are going to do some homework). That will be our chance to shine. Also, if BTC goes down again it gives people a chance to reload on the failed altcoins. This brings up the bigger question though, will the industry strengthen when the real coins with real use cases do get rewarded? I think Richard is right about the facebook/amazon case. They will make a coin and ruthlessly cut out bitcoin and steal the technology. And it will put a gaping hole in the market value of bitcoin unfortunately. Ive never told anyone to buy and hold a coin that is over $10k as I feel its risky. BBP might be cheap but it has the potential to go places due to the leverage.
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sunk818
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December 12, 2019, 05:54:18 AM |
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Does BBP have a max time between blocks? I recall PoDC 1.0 had a 45 min (?) limit? I've been noticing some very long wait times between blocks since we got off anti-bot net (ABN). Blocks per day fluctuates more now. Does difficulty allowed to mine the block drop after a certain time? Does the pool handle this too, or this is only solo mining?
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bible_pay (OP)
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December 12, 2019, 09:59:53 PM |
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Looks like trading is already up at Graviex: https://graviex.net/markets/bbpbtcOne nice thing they did for us is list us in all three markets: USDC/BBP, ETH/BBP and BTC/BBP Togo is working on a press release.
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