BiblePay | 10% to Orphan-Charity | RANDOMX MINING | Sanctuaries (Masternodes)

[aikida3k]

BBPD

BBPD

Stable coins such as Tether, TrueUSD, or DAI already exist that are pegged to fiat (USD, US dollar):
https://www.cryptomorrow.com/2018/05/24/stable-coin-cryptocurrencies/

If you want to preserve your BBP value, trade it for BTC then take it out in fiat or a stable coin.

I don't see the point in BBPD when solutions already exist.

Wasting dev time, reinventing the wheel... for what?

i think the idea was burning coins = so they will not be traded in exchanges
but we can burn them in many other ways, just create some bonus system - it will be like game , burn 10k bpp and you will get some bonus (maybe bonus rac) in next payment. if everybody burns, then nobody will get more like normal, so gamble
or create lottery , buy ticket for burned bbp and win in monthly payment or so

The idea is to burn coins to create a stable coin that can be spent or used to accumulate BBP without having to convert to Bitcoin. 

Would you want to accept BBP, BTC or any other cryptocurrency for your goods or services knowing it could drop by 2%,5%,10% or more from the time you accepted the payment until the time you are able to cash out to fiat?

My belief is that coins that incorporate a stable coin feature are the future of cryptocurrencies and those that don't will mostly have a harder time staying relevant. 

Rob, what are your thoughts on adding a stable coin feature?

[sunk818]

BBPD holder to buy BBP at a discount, say a 20% discount.

Have you thought through your idea? If I buy BBPD at a discount, where does that lead us?

I just churn 800 BBP -> 1 BBPD -> $1 USD -> 1000 BBP. At the end of each churn, I make 200 BBP.

[sunk818]

Would you want to accept BBP, BTC or any other cryptocurrency for your goods or services knowing it could drop by 2%,5%,10% or more from the time you accepted the payment until the time you are able to cash out to fiat?

As a merchant, I want an easy solution. If you want to make a play for retail acceptance of BBP, BBPD is not the way. You want BBP listed with a service like Faast. They are a competitor to ShapeShift but supports stablecoin (TrueUSD).

Say I want to sell BiblePay T-shirts where all the profits go to the BiblePay orphan fund. I make a add to cart button on my web site that Faast gives me the code to do. BiblePay (BBP) can be one of many cryptos that is accepted. Faast accepts BiblePay for the t-shirt calculating current market rate (e.g. $0.0007). I pay 28 571 BBP for $20 USD t-shirt w/ free shipping. The BBP is then converted to TrueUSD in real time. Worse case, it is done through an intermediary (BBP -> BTC -> TrueUSD). Either way, I end up with 20 TrueUSD in my wallet.

References:

https://medium.com/faast/which-is-the-best-instant-exchange-faast-vs-shapeshift-io-vs-kyber-network-vs-bancor-6c4a2636821f

https://medium.com/faast/faast-swap-api-is-now-available-959091bc85ca

[sunk818]

Aug 30 - 245 payments - 1 098 268 BBP http://explorer.biblepay.org/tx/21c4cacdf4d726cda3c550dcf17909be74cd2b4ef8fc667a9718b9abea7afbe2
Aug 31 - 221 payments - 1 098 459 BBP http://explorer.biblepay.org/tx/51ae828e71cea11ef412786d184ed06f06283fc8ddd9d095086ff941f94ca036

30 addresses affected (24 diff in payments + 6 new addresses)

biblepay-central says:

11 unbanked (podc updates tab blank)
2 usernotfound
17 staked (podc update tab populated)

unbanked B5s26ToM7emznjpqdkZpLFQ9ahGuAxV37u
usernotfound B6Bf6Q6unqxszy8FB3nNSB7faDyvoWRAEP
staked B8emMpsQRG2FbbUHosMPJ9Aotor7ADtmut
staked B9FFwWBvc3r3VmhVg3R6yU842eoCzfZSWe
staked BA3sutHqLGhaC3A1UEo1dNhfN5amyYbbJn
unbanked BAfx5vijdndJp7qLCZVGAC7x7JRzisTQVB
unbanked BDWUrBvNtMKC4UUThCw6rse4YhwWbpSkU9
unbanked BEGYfMdvdXvptGbJjRPDYC2s8VaiRgowiV
unbanked BFpdayeDnfdjXjWAjcb7FZtA9Z3sP1tQsW
usernotfound BK5Vin1HUY829tEzcB8otWduxzgXs7JDdp
staked BL9iorp9w7sAKdMsYZwmrtCUvBdd9cWQsb
unbanked BMdmVJtfYU9TtgF7TRSXzsK9Wh2teweijB
staked BMsxSKfMEBfGFjHWhpt3pduBRDcP2DVH7n
unbanked BMv3y4LY4XPxWuEKFDUwJKQehc25AC8VCX
unbanked BN2TLxEXCxb6ksZDxA5NsgxAZtYaeh11SG
unbanked BNfb6uMyeAHDwZs538gzxS2k2iqbz8NWQj
unbanked BNgMnng7mBtCcnKs8orJT5peWkj6nsCAoG
staked BNwugmsk4GWFK4d88LkbqiowyTv3nr6Mwi
staked BPEFu3PJXBak4DtMrMxx2Rfz9uKNnyPUik
staked BPVpiA5kfR2xzc8s8LyELYeoGa9Cvr2fav
staked BPmSsD4vbvdpPX6C94AcvhBXSGwwuFydGt
staked BQJ5HEk1yFJyFYdD1JBfvSaPgju295SuGR
staked BR4j9DwLSFB4LTsT86K3MXYGJ6GAzErTNe
staked BS1Dum4JT9csqEJ2N8oE1hL4hXN1aaWMiX
staked BSSGqEB7yqe98tb2mC8PMPajgwf8qS2QmL
staked BSUpqSuskLPusAQGtqU2f1ystsgMTtBGtF
staked BT3te8HKr8EJoBqL5ptNPD8LaUtQbDJY3T
staked BTE21hghdVa7Ch2huEH9JoLxwQxMe8Sytv
staked BTaGwzLrzy4MCpdcBkB8YxxzDCaYC6YCJa
unbanked BTitRM57vjMFYj3TBaSvHU3xR23PrrVFZj

[aikida3k]

BBPD holder to buy BBP at a discount, say a 20% discount.

Have you thought through your idea? If I buy BBPD at a discount, where does that lead us?

I just churn 800 BBP -> 1 BBPD -> $1 USD -> 1000 BBP. At the end of each churn, I make 200 BBP.

Yes.  20% is too steep.  It should be more like a 2% discount so someone with $100,000 could make $2,000 in market making per day given enough volume.  That is actually one of the key features is that market making should add to the liquidity: the liquidity is a major problem with BBP, but if you added the stable coin feature this way it would help to bring in liquidity.  I can explain in a little more detail but I need to know if Rob is even interested.  Otherwise forget it, I'll go somewhere else.

[aikida3k]

Would you want to accept BBP, BTC or any other cryptocurrency for your goods or services knowing it could drop by 2%,5%,10% or more from the time you accepted the payment until the time you are able to cash out to fiat?

As a merchant, I want an easy solution. If you want to make a play for retail acceptance of BBP, BBPD is not the way. You want BBP listed with a service like Faast. They are a competitor to ShapeShift but supports stablecoin (TrueUSD).

Say I want to sell BiblePay T-shirts where all the profits go to the BiblePay orphan fund. I make a add to cart button on my web site that Faast gives me the code to do. BiblePay (BBP) can be one of many cryptos that is accepted. Faast accepts BiblePay for the t-shirt calculating current market rate (e.g. $0.0007). I pay 28 571 BBP for $20 USD t-shirt w/ free shipping. The BBP is then converted to TrueUSD in real time. Worse case, it is done through an intermediary (BBP -> BTC -> TrueUSD). Either way, I end up with 20 TrueUSD in my wallet.

References:

https://medium.com/faast/which-is-the-best-instant-exchange-faast-vs-shapeshift-io-vs-kyber-network-vs-bancor-6c4a2636821f

https://medium.com/faast/faast-swap-api-is-now-available-959091bc85ca

I think most merchants won't even accept a crypto that has any volatility whatsoever.  I think most would only accept a stable coin.  I have had bitcoin change in value by more than 2% while transferring it and greater than 2% loss is uncompetitive with credit card merchant fees.  A lot of merchant profit margins are less then 5%.  They literally can't afford the risk of a change in price during the transfer from agreement of price to the value of actual receipt and being able to lock in the value.

[jaapgvk]

Hi guys. I have one issue I hope someone can help me.
I'm having some erratic podcupdate, that make my podc rewards very variable and inexistent also.
Does anyone have a clue why can I balance report are not with the actual real balance amount?
Thanks!

Are you using multiple wallets by any chance?

Yes, I have multiple workers but only one is sending podc update for the utxo weight (only one was not the line utxooverride=-1 on the biblepay.conf). All wallets have the same balance on their getinfo report.
Thanks for the reply!

I'm out of ideas... Maybe someone else can help you further?

If you post your CPID, maybe that is also helpful.

[capulo]

this is solution for instant payments in btc
https://bitcoinpay.com/en/
buyer just send crypto, seller recieve normal currency

[coinsinspect]

The coin has dropped so much we need to take immediate action to stop this fall.

If the coin would go up - all agree that we should add sponsored kids.
Now that the coin went down so much we should lower our sponsorship in order to stop this slip decline in our price.



Slovakia I wish you did to this coin 1% of Togo work,
I am investing in this coin because of Togo.

[SVK Noko]

Simple question

Regarding C-cex they are still in limited service mode probably. What version of the wallet have they installed? I can not see the version on their site.

[SVK Noko]

The coin has dropped so much we need to take immediate action to stop this fall.

If the coin would go up - all agree that we should add sponsored kids.
Now that the coin went down so much we should lower our sponsorship in order to stop this slip decline in our price.



Slovakia I wish you did to this coin 1% of Togo work,
I am investing in this coin because of Togo.

I dont understand why you are all scared about the price fall? It will be the great opportunity for bigger investments. When I have trust in this coin it is something fantastic when the price will fall down and I can buy it cheaper.

[zthomasz]

Once BiblePay gets charitable 501(c)(3) status we can join the Amazon Smile Charity Program. It's a simple and automatic way for anyone who uses Amazon to support their favorite charitable organization every time they shop, at no cost to them. Once a buyer selects BiblePay as their charity, AmazonSmile Foundation will donate 0.5% of the purchase price from eligible AmazonSmile purchases to BiblePay.

Tens of millions of products on AmazonSmile are eligible for donations. You will see eligible products marked “Eligible for AmazonSmile donation” on their product detail pages.

Since the donations will be sent to BiblePay in fiat currency, the funds can be applied to orphan expenses without fear of rapid currency devaluation. To some degree this will have a stabilizing effect on the price of BBP, due to decreasing the number of BBP needed to be sold/exchanged every month in order to sponsor orphans.

Since a significant percentage of the world population already uses Amazon, our PR campaigns can include this extremely easy way for non-tech folks to participate in a charitable cryptocurrency project. We can create digital brochures to be used by Christians of all ages to introduce BiblePay to their local church congregations and other groups.  

We can also setup a portal on our website where people can register to get free BBP coins for choosing BiblePay as their AmazonSmile charity. Perhaps even have a feature that allows registrants who verify their qualified Amazon purchases to get BBP coins equal to the market price value of the 0.5% donation AmazonSmile makes to the BiblePay 501(c)(3) charity.

https://smile.amazon.com/gp/chpf/about/ref=smi_aas_redirect?ie=UTF8&%2AVersion%2A=1&%2Aentries%2A=0

[logictense]

Hi guys. I have one issue I hope someone can help me.
I'm having some erratic podcupdate, that make my podc rewards very variable and inexistent also.
Does anyone have a clue why can I balance report are not with the actual real balance amount?
Thanks!

Are you using multiple wallets by any chance?

Yes, I have multiple workers but only one is sending podc update for the utxo weight (only one was not the line utxooverride=-1 on the biblepay.conf). All wallets have the same balance on their getinfo report.
Thanks for the reply!

I'm out of ideas... Maybe someone else can help you further?

If you post your CPID, maybe that is also helpful.

U are not out of ideas but out of substantiality. I will elaborate on everything but first let me make a remark to my previous post in which I refer to sanctuary API calls as pentagram of spells. Overall, I see, the hidden agenda is both between lines and between hips. U should have insanely fat hips if u think ur balance has anything to do with PODC sync issue.

[slovakia]

Hi guys. I have one issue I hope someone can help me.
I'm having some erratic podcupdate, that make my podc rewards very variable and inexistent also.
Does anyone have a clue why can I balance report are not with the actual real balance amount?
Thanks!

Are you using multiple wallets by any chance?

Yes, I have multiple workers but only one is sending podc update for the utxo weight (only one was not the line utxooverride=-1 on the biblepay.conf). All wallets have the same balance on their getinfo report.
Thanks for the reply!

I'm out of ideas... Maybe someone else can help you further?

If you post your CPID, maybe that is also helpful.

U are not out of ideas but out of substantiality too. I will elaborate on everything but first let me make a remark to my previous post in which I refer to sanctuary API calls as pentagram of spells. Overall, I see, the hidden agenda is both between lines and between hips. U should have insanely fat hips if u think ur balance has anything to do with PODC sync issue.

your previous post?

coininspect

[capulo]

and somebody is selling and selling and selling...
1m to sell, 10k to buy, this is not way to raise

[jaapgvk]

Hi guys. I have one issue I hope someone can help me.
I'm having some erratic podcupdate, that make my podc rewards very variable and inexistent also.
Does anyone have a clue why can I balance report are not with the actual real balance amount?
Thanks!

Are you using multiple wallets by any chance?

Yes, I have multiple workers but only one is sending podc update for the utxo weight (only one was not the line utxooverride=-1 on the biblepay.conf). All wallets have the same balance on their getinfo report.
Thanks for the reply!

I'm out of ideas... Maybe someone else can help you further?

If you post your CPID, maybe that is also helpful.

U are not out of ideas but out of substantiality too. I will elaborate on everything but first let me make a remark to my previous post in which I refer to sanctuary API calls as pentagram of spells. Overall, I see, the hidden agenda is both between lines and between hips. U should have insanely fat hips if u think ur balance has anything to do with PODC sync issue.

Wut?

[ride22]

Hi guys. I have one issue I hope someone can help me.
I'm having some erratic podcupdate, that make my podc rewards very variable and inexistent also.
Does anyone have a clue why can I balance report are not with the actual real balance amount?
Thanks!

Are you using multiple wallets by any chance?

Yes, I have multiple workers but only one is sending podc update for the utxo weight (only one was not the line utxooverride=-1 on the biblepay.conf). All wallets have the same balance on their getinfo report.
Thanks for the reply!

I'm out of ideas... Maybe someone else can help you further?

If you post your CPID, maybe that is also helpful.

U are not out of ideas but out of substantiality too. I will elaborate on everything but first let me make a remark to my previous post in which I refer to sanctuary API calls as pentagram of spells. Overall, I see, the hidden agenda is both between lines and between hips. U should have insanely fat hips if u think ur balance has anything to do with PODC sync issue.

Wut?

I am so confused. 

[slovakia]

logictense=fenin 

[daisogiaitich]

What is 10% for charity? How much do I need to contribute to this project? I hope this project helps as many people as possible.

[slovakia]

What is 10% for charity? How much do I need to contribute to this project? I hope this project helps as many people as possible.

from monthly superblock we support orhpans..... between 8-9M BBP ... oyu can see in this web https://biblepay-central.org/en/


heights/blocks=73800 = Next Superblock = 14,360,879 BBP  Sept. 29, 2018, 3:52 a.m. UTC  Estimated time


BTW AIRDROP NEWS

IMPORTANT NOTICE: from september 1st onward the bounty will be lowered to 5000 BBP (1000 BBP from the faucet and 4000 BBP from the airdrop). Any forms submitted after september 1st 12 a.m. EET will receive 4000 BBP from the airdrop.