Historic Cryptogenic Bullion thread - CLOSED

[elambert]

I would have throught that moving to entirely PoSV (or at least implementing the non-linear reward PoS calculation) would result in the highest adoption rate possible as it means that anyone can start generating new coins buy first investing and then just keeping their full node wallet running 24/7; removeing the entry barrier of expensive/depreciating specialist mining hardware...

The previously mentioned sharing of unclaimed stake for those who are actively staking IS a non-linear reward PoS calculation. By keeping PoW additional to this, the blockchain has another level of security and can appease both PoW AND PoS miners/minters.

Keep in mind with this implementation, the inflationary rate would still be about 50 CGB generated per day (2% yearly - same as current if all are staking). The distribution would still be 0.5% per year to the PoW miners while the other 1.5% per year would be distributed to those actively staking the network, ideally all would do this, but those that do would be rewarded for their efforts in protecting the network.

[FiniteRed]

fair enough - good to talk it over

[BTCat]

Someone had requested to list CGB for votings on Bleutrade and it's on the list now. It's only paid votings.
(Each vote 0.0001 BTC. For this you need to have a positive balance to vote)
https://bleutrade.com/voting

It looks as a quite decent exchange with some volume at least, and USD markets too. It looks as they are from Brazil but im not very sure.
Because it's cheap to vote I'll add 100 votes.
Could be enough already to have it listed in 4-6 weeks or so but if you like make some votes.  

[elambert]

Good stuff BTCat! Thanks for the heads-up!

[BTCat]

My pleasure. Some CGB'ers have expressed the opinion that we do not need more exchanges. Last period this hasn't been a focus really, once in awhile we have a new listing. Even though I agree it's not needed I also think it would be a missed chance not to list in other places. Every exchange gains it's own userbase so every listing is an increased chance to attract new investors, it would be foolish not to reach out to as many people possible. It would be great to have CGB listed in the best exchange(s) of every country really so we will have supporters and investors from all over the world.

[raimch89]

i agree for new exchange ( if good exchange )
cryptsy is not enought to promote the coin

[raimch89]

but bleutrade is not for me a good exchange ( low volumes )

[snatchmonkey]

If we keep getting added to exchanges then we stand a better chance of getting added to ones with higher volume.

I'm glad those sell walls on Cryptsy are gone. September could be a good month for CGB.

[FiniteRed]

If we keep getting added to exchanges then we stand a better chance of getting added to ones with higher volume.

I'm glad those sell walls on Cryptsy are gone. September could be a good month for CGB.

It's doing well so far 

[VonSpass]

I have been buying the low-ball CGB at cryptsy; its great! When the daily pocket change CGB offer gets bought, price moves fast...

Best thing this coin has is its team; can't wait for the new developments, and new CGB applications.

[FiniteRed]

I have been buying the low-ball CGB at cryptsy; its great! When the daily pocket change CGB offer gets bought, price moves fast...

I might have to join you there, lots of CGB faling into strong hands at the moment - love it!

Some kind (bonkers) person dumped ~1.5k CGB for 0.00010000 about a month ago - My purchase of the year I'm betting... 

[snatchmonkey]

Ahh... I missed out on those 0.0001 coins, congrats to you sir.

I too am still buying as and when I have available funds. Current price is still way below my average, but yeah it is great to see the sell walls turning into buy support today.

[elambert]

CGB Core Team Update - September 11, 2014

Please also see the Reddit post for further discussion.


Greeting CGB family! I wanted to drop in to provide a quick Core Team update for the community. First and foremost, I am extremely pleased to announce the promotion of Raizor to the Lead Developer position for CGB! Raizor has proven himself as a talented and visionary developer time and again and has more than justified his qualification for this position. Please join me in congratulating him! Artiface will continue to work with us in more of a Development Consultant/Advisor role until the opportunity presents itself for him to get more involved in the hands-on, day-to-day operations.


Updates:

-   Testing and development continues for the new client and we are getting close to announcing a release date. Coin control testing has gone extremely well, the unlock for staking button is working, the client is looking sharp, etc… I am sure the community will be pleased to hear that start-up time has been greatly improved as well.

-   As mentioned in the previous update, we are already planning the subsequent client which will require a hard fork. Our objective is to maximize the security of the Cryptogenic Bullion network and I am confident we are on the right track to accomplish this. A White Paper is now in the works to outline our vision for what the coming hard fork will entail. The release date for the paper and the associated work of implementation is still tentative but we will update the community as often as possible.

-   Again, we are always looking for interested collaborators to join the CGB Core Team and to help with the development and implementation of the growing pipeline of projects. Experienced developer positions are open as well as a ‘Lead Artist’ position to handle logo, banners, advertisements, etc. Please reach out directly should you want to apply for any of the openings through the website or email us directly at cryptogenicbullion@gmail.com.

-   Once again I would like to express our excitement over a new product being developed for which CGB is in the running to be included, CasheerApp. Coins are being added regularly based upon community support in the coin’s respective thread over at their forums. If you are a CGB supporter, please take a moment to check out the project and show your support for CGB’s addition in the CGB thread.

-   CGB is being actively voted for addition to a few exchanges at the moment so your support there is welcomed and encouraged as well.
* Bter - This is the focus priority for addition
* SwissCEX
* Cryptex
* AskCoin


The CGB Core Team

[snatchmonkey]

Congratulations Raizor! Exciting times here at CGB.

[BTCat]

Wonderfull developments for CGB and congratulations Raizor with the new position. I know you have been around on the background for awhile.
It's great CGB grows this way, new support always brings fresh knowledge and we all benefit from this. Enjoy the code 

[JakeThePanda]

Just visiting.  CGB was the first alt-coin I ever bought back in January.  Glad to see the community still going strong.

[BTCat]

Just visiting.  CGB was the first alt-coin I ever bought back in January.  Glad to see the community still going strong.

Hi Jake. Good to see a longterm holder, you should come around more often  

Everyone, please give more support for the CGB thread of Casheer by making a post or joining the discussion, we really need it. They will support CGB on their payment processor app but only if the community calls for it. Help us bring more traffic, ask your friends, collegues, post on forums, social media, anywhere you can. If every CGB holder looks for one other person to make a recommendation, we will have a good chance. I'll buy you a drink if ever we meet  

CGB thread on Casheer forum (for posting you will need to register, ofcoure this is not an advert for the forum itself)

Additionally, you can retweet:
https://twitter.com/CryptogenicBull/status/505509179541299200
https://twitter.com/CryptoTraders/status/510517266153480192

Thanks very much.

[110110101]

Big welcome Raizor, great to have you on the team!

[tspacepilot]

Just visiting.  CGB was the first alt-coin I ever bought back in January.  Glad to see the community still going strong.

Are you still holding your CGB?  How many did you buy?

[BTCat]

3 btc could double up CGB marketcap (cryptsy), 4 btc almost tripple, isn't that crazy?

Current is US$ 141,583