🚀[ANN]|[BSX]Bitspace🚀|⚡| POW is over|⚡|POS 5% annually|⚡| Own exchange soon

[may142012]

Have you roadmap or not?  
50% or 1000%? Or about 160% if "Approximately  ~ 34 000 000 coins after 1 year." What kind of maths do you use?
Good luck!

They are just guess numbers, not accurate, don't make a big deal from guess numbers. The supply of this coin is unlimited, the end, the only different is until block 1 000 000, POS change back to 10% interest per year to reduce circulating supply.

Had the circulating supply reached 13,000,000 BSX even the POW had ended? https://chainz.cryptoid.info/bsx/

Is almost 13M looking at in wallet "getinfo" so as @gawlea said I am OK with the 50% APR to keep the supply low, but is the dev choice.

Thanks for the community opinion.

We've been thinking a lot about our current sitation.

We investigated and decided to stay with actual specs. (no new hardfork)


POS 50% annually will stay.


BitSpace will stay at actual circulating supply 13,000,000 BSX.

That's a good idea to against the inflation of our coin, but some people will be disappointed for not getting 1000% POS as promised. Will they continue to stay with Bitspace or not? I don't know, you can clearly see the prices on exchanges had been dropped significantly, it was somehow around 100 sats per BSX coin, this proves that they'd like to have bigger POS interest rate.

You should make a vote for the community instead of listening to some random guys.

I have a good idea, fix to have 1000% POS until block 500 000, then reduce to 50% POS until block 1 000 000, and switch back to 10% POS.  

I want to have bigger POS reward, so i can do more giveaways, some people don't have money but would like to get free coins, and this is how you bring new people into Bitspace rather just holding and staking for yourselves.

[1715053763]

1715053763

[1715053763]

1715053763

[1715053763]

1715053763

[GoRdiE]

Hi, Using "Coin Control" feature to split coins, how much is the best minimun amount to split in order to obtain the maximun POS rewards?

[may142012]

Hi, Using "Coin Control" feature to split coins, how much is the best minimun amount to split in order to obtain the maximun POS rewards?

1000 coins per input. https://chainz.cryptoid.info/bsx/#!extraction (scroll all the way down to see the input size)

Here is my guide how to stake Bitspace better. https://bitcointalk.org/index.php?topic=3160161.msg36860553#msg36860553

[GoRdiE]

Hi, Using "Coin Control" feature to split coins, how much is the best minimun amount to split in order to obtain the maximun POS rewards?

1000 coins per input. https://chainz.cryptoid.info/bsx/#!extraction (scroll all the way down to see the input size)

Here is my guide how to stake Bitspace better. https://bitcointalk.org/index.php?topic=3160161.msg36860553#msg36860553

Thanks a lot may142012, and very good guide 

[kiddo]

Have you roadmap or not?  
50% or 1000%? Or about 160% if "Approximately  ~ 34 000 000 coins after 1 year." What kind of maths do you use?
Good luck!

They are just guess numbers, not accurate, don't make a big deal from guess numbers. The supply of this coin is unlimited, the end, the only different is until block 1 000 000, POS change back to 10% interest per year to reduce circulating supply.

Had the circulating supply reached 13,000,000 BSX even the POW had ended? https://chainz.cryptoid.info/bsx/

Is almost 13M looking at in wallet "getinfo" so as @gawlea said I am OK with the 50% APR to keep the supply low, but is the dev choice.

Thanks for the community opinion.

We've been thinking a lot about our current sitation.

We investigated and decided to stay with actual specs. (no new hardfork)


POS 50% annually will stay.


BitSpace will stay at actual circulating supply 13,000,000 BSX.

That's a good idea to against the inflation of our coin, but some people will be disappointed for not getting 1000% POS as promised. Will they continue to stay with Bitspace or not? I don't know, you can clearly see the prices on exchanges had been dropped significantly, it was somehow around 100 sats per BSX coin, this proves that they'd like to have bigger POS interest rate.

You should make a vote for the community instead of listening to some random guys.

I have a good idea, fix to have 1000% POS until block 500 000, then reduce to 50% POS until block 1 000 000, and switch back to 10% POS.  

I want to have bigger POS reward, so i can do more giveaways, some people don't have money but would like to get free coins, and this is how you bring new people into Bitspace rather just holding and staking for yourselves.

For some even 50% is too high. Some will stay, some will leave anyway but new people will come on the boat with time. With or without the 1000% interest or not. Look at B3 what happened with their huge interest coin. My 2 cents!

[may142012]

Have you roadmap or not?  
50% or 1000%? Or about 160% if "Approximately  ~ 34 000 000 coins after 1 year." What kind of maths do you use?
Good luck!

They are just guess numbers, not accurate, don't make a big deal from guess numbers. The supply of this coin is unlimited, the end, the only different is until block 1 000 000, POS change back to 10% interest per year to reduce circulating supply.

Had the circulating supply reached 13,000,000 BSX even the POW had ended? https://chainz.cryptoid.info/bsx/

Is almost 13M looking at in wallet "getinfo" so as @gawlea said I am OK with the 50% APR to keep the supply low, but is the dev choice.

Thanks for the community opinion.

We've been thinking a lot about our current sitation.

We investigated and decided to stay with actual specs. (no new hardfork)


POS 50% annually will stay.


BitSpace will stay at actual circulating supply 13,000,000 BSX.

That's a good idea to against the inflation of our coin, but some people will be disappointed for not getting 1000% POS as promised. Will they continue to stay with Bitspace or not? I don't know, you can clearly see the prices on exchanges had been dropped significantly, it was somehow around 100 sats per BSX coin, this proves that they'd like to have bigger POS interest rate.

You should make a vote for the community instead of listening to some random guys.

I have a good idea, fix to have 1000% POS until block 500 000, then reduce to 50% POS until block 1 000 000, and switch back to 10% POS.  

I want to have bigger POS reward, so i can do more giveaways, some people don't have money but would like to get free coins, and this is how you bring new people into Bitspace rather just holding and staking for yourselves.

For some even 50% is too high. Some will stay, some will leave anyway but new people will come on the boat with time. With or without the 1000% interest or not. Look at B3 what happened with their huge interest coin. My 2 cents!

You are right. So, if 1000% are too much, but 100%? How's about 100% POS until block 500 000, then reduce to 50% POS until block 1 000 000, and switch back to 10% POS? Have a high POS rate at a limit time to let new investors jump in, then reduce to have low supply again. They need to fix the POS reward to keep their promise.

[gokxhan]

Hi,

I send 2565.57 BSX from crypto-bridge to graviex a week ago. But didn't recieved. I have searched from block explorer and found my transaction then I talked with Graviex and BSX discord support. Graviex said me to talk with BSX support and BSX support said to talk with Graviex. Now.. What should i do? Who should solve my problem?
This is my transaction detail.

e016897f301d6e93624e7bc90b54c735dbe549e55293c1c96359750fcdf8cad1   198175   2018-05-12 21:16:47   + 2,565.5762952 BSX   2,565.5762952 BSX
1   Not yet redeemed   BGx5BrJnL5YM4Uzz8mj4KWEYrDzi2j5QTK   2,565.5762952 BSX

[hammz]

Hi,

I send 2565.57 BSX from crypto-bridge to graviex a week ago. But didn't recieved. I have searched from block explorer and found my transaction then I talked with Graviex and BSX discord support. Graviex said me to talk with BSX support and BSX support said to talk with Graviex. Now.. What should i do? Who should solve my problem?
This is my transaction detail.

e016897f301d6e93624e7bc90b54c735dbe549e55293c1c96359750fcdf8cad1   198175   2018-05-12 21:16:47   + 2,565.5762952 BSX   2,565.5762952 BSX
1   Not yet redeemed   BGx5BrJnL5YM4Uzz8mj4KWEYrDzi2j5QTK   2,565.5762952 BSX

according to block explorer:
e016897f301d6e93624e7bc90b54c735dbe549e55293c1c96359750fcdf8cad1  (8255 confirmations)
Coins are at address BGx5BrJnL5YM4Uzz8mj4KWEYrDzi2j5QTK.
"Not yet redeemed" just means that the coins are still in that receiving address and haven't yet been sent on elsewhere.

Who control this address (own private key)?
(If exchange...ask there...via support ticket)

[hammz]

Have you roadmap or not?  
50% or 1000%? Or about 160% if "Approximately  ~ 34 000 000 coins after 1 year." What kind of maths do you use?
Good luck!

They are just guess numbers, not accurate, don't make a big deal from guess numbers. The supply of this coin is unlimited, the end, the only different is until block 1 000 000, POS change back to 10% interest per year to reduce circulating supply.

Had the circulating supply reached 13,000,000 BSX even the POW had ended? https://chainz.cryptoid.info/bsx/

Is almost 13M looking at in wallet "getinfo" so as @gawlea said I am OK with the 50% APR to keep the supply low, but is the dev choice.

Thanks for the community opinion.

We've been thinking a lot about our current sitation.

We investigated and decided to stay with actual specs. (no new hardfork)


POS 50% annually will stay.


BitSpace will stay at actual circulating supply 13,000,000 BSX.

That's a good idea to against the inflation of our coin, but some people will be disappointed for not getting 1000% POS as promised. Will they continue to stay with Bitspace or not? I don't know, you can clearly see the prices on exchanges had been dropped significantly, it was somehow around 100 sats per BSX coin, this proves that they'd like to have bigger POS interest rate.

You should make a vote for the community instead of listening to some random guys.

I have a good idea, fix to have 1000% POS until block 500 000, then reduce to 50% POS until block 1 000 000, and switch back to 10% POS.  

I want to have bigger POS reward, so i can do more giveaways, some people don't have money but would like to get free coins, and this is how you bring new people into Bitspace rather just holding and staking for yourselves.

For some even 50% is too high. Some will stay, some will leave anyway but new people will come on the boat with time. With or without the 1000% interest or not. Look at B3 what happened with their huge interest coin. My 2 cents!

You are right. So, if 1000% are too much, but 100%? How's about 100% POS until block 500 000, then reduce to 50% POS until block 1 000 000, and switch back to 10% POS? Have a high POS rate at a limit time to let new investors jump in, then reduce to have low supply again. They need to fix the POS reward to keep their promise.

There was a lot of stress with Hardforks. It has always brought a lot of problems.
We decided to continue under actual specs. Low inflation model.

According to our POS reward system.

There are only ~ 1600 new BSX coins generated every day. It is actually (4-5% annually in total).(~584 000 new bsx coins per year)

Our POS system is variable.

Small inputs are in advantage.
If you split your coins into smaller inputs (optimum around 1000 bsx ).
Every 1000 input can earn ~1.5- BSX per day. (50% annually)



Approximately 13 584 000 coins in 1 year.
Approximately 14,168,000 coins in 2 years.
Approximately 14,752,000 coins in 3 years.
Approximately 15,336,000 coins in 4 years.
Approximately 15,920,000 coins in 5 years.

[may142012]

The Ultimate Guide To Stake Bitspace (BSX) Better in Proof of Stake (POS)

The mining phase is now over for Bitspace (BSX), from now on Bitspace (BSX) will go full POS, so i would like to throw in a simple guide how to get better rewards in POS and how the last fork changed the way of staking for Bitspace (BSX).

A few things to remember:

- Always make a backup of your "wallet.dat". In the wallet, you can do this by clicking on File - Backup Wallet

- Old versions of wallets will not work and staking will not be accepted by the current Bitspace's blockchain.

- This guide is for those people who have a large amount of coins in their wallet, with those people who have less than 1000 coins in their wallet, I recommend you use Coin Control to combine every inputs that you have into one single input to hit POS blocks faster.

- If you move your coins around, you will lose your current coinages aka weights and you have to wait at least 24h for them to build up.

- The block chain is variable, you won't get what you expect to get in your calculation for one day (expect vs reality).

- In the latest fork, big inputs don't get many POS blocks as small inputs do because the developers want to make a better POS system + network will be more secure + stable. You can leave the big inputs there without splitting them manually, those big inputs will automatically convert into small inputs every time they hit a POS block anyway, scroll all the way down to see how they changed in the last screenshot.

Make sure you are on the latest wallet version 1.2 in the 1st page https://bitcointalk.org/index.php?topic=3160161 and perform re-sync for the latest wallet. If you already did then move on to next step.

How to perform re-sync for latest wallet?

Delete all data in folder bitspace (EXCEPT wallet.dat, this file contains your private key aka your coins) C:\Users\youruser\AppData\Roaming\bitspace....  and run the latest wallet again and wait for re-sync.

How to divide large inputs into small inputs to get better POS rewards with "Coin Control" feature?

Unlock the wallet first if you had encrypted your wallet before.



Go to Settings - Options - Display to enable the "Coin Control" feature.



Then click on "Send Coins", you will see the "Coin Control" feature there.



Tick the small box of big inputs to start spreading into small inputs like in the screenshot.



Get your BSX address in "Receive Coins", get the one that you would like to hold the total of your coins.



I recommend you to wait for that big input changed to have at least 1 confirmation and start to send another 1000 again to avoid making non-existence unconfirmed coins in your wallet (if you made this mistake, restore a backup wallet.dat as older one than now, you can replace it with the current one, then restart wallet, you can see it clear, the coins that you have in total are safe). What? You thought you just found a glitch that can give you more coins in the wallet?  LOL?   Bitspace wallet has a tight security for double spending, baby.  

Use "Coin Control" feature to split coins faster but require a bit of knowledge. Alternative, you can send all your coins to BSX web wallet or second computer to divide coins there but do not use exchanges for this, they charge a high fee for withdrawals.

The best input size is 1000 as seen in https://chainz.cryptoid.info/bsx/#!extraction (scroll all the way down).

Why do I need to split my big ugly inputs into pretty small inputs? Do i need to bother with that little work? The answer is do you want to get POS blocks faster and better POS rewards?

So did they fix the big inputs for staking? The answer is YES, there is also a new change for big inputs, since big inputs don't get POS blocks frequently like small inputs do, whenever your big inputs hit a POS block, your big inputs will automatically divide into small inputs like in the screenshot below.

Why did they auto convert into small inputs like that? The answer is to get more POS blocks frequently and better POS rewards.

Why did I make a guide for this if they are automatic? The answer is to help you get POS rewards faster without waiting since we can control our coins.



Example:

- A input of 10000 only get 1 POS block a day = 1 BSX each block (guessing reward number not accurate), so that big input just hit a block now it will be divided in half until it divides all 10000 into small inputs.
- 10 inputs around 1000 each get you 10 POS blocks a day = 1 BSX each block = 10 BSX in total (guessing reward number not accurate)

The more small inputs of 1000 coins per input that you have the more you hit POS blocks faster and give you better POS rewards from the interest rate. There is no minimum number of coins for staking and no masternodes, you can begin to stake with just 1 BSX, 24h is the minimum to stake.

Will Bitspace (BSX) make me rich? The answer is YES, you will, in a long term, below is a quote from an experienced crypto fellow "gawlea", all thanks to him.

This is not true, that "Less supply = more demand" I know a coin which is very hot right now just because it have 50% interest and have a circulating supply of 25 billions, why, just because almost all the POS coins out there have 5-10% which is good for inflation but doesn't attract investors because is not worth staking. You'll say "yes but if more coins will be produced the more coins people will sell" again you are wrong because people are greedy and the more they have and more they stake, the more they want to have, to get even more. If you'll change the POS to let's say 5% people and the coin is pure POS than people will loose interest as I saw in others projects and they was forced to introduce masternodes to make people happy which will lead to the same infaltion you are talking about with higher costs (more coding, more money to exchanges as you'll need a new chain, etc..). Just my 2 cents!

P.S. Exactly the 50% interest made me buy some BSX as I invest only in POS coins with 25%+ interest and never fail to make very nice profits. You'll say "Aha, you are greedy too" no, I just bet on the greedy nature of the people involved in crypto. I don't even stake the coins I buy and I just hold them until I make at least 10x profit which in this case BSX will need to reach around 400 sats.

So what is the total supply of Bitspace (BSX)?

Unlimited supply, at block 1,000,000, POS change back to 10% interest per year to reduce circulating supply, check the current circulating supply on BSX blockchain https://chainz.cryptoid.info/bsx/

Remember, this is a Proof of Stake (POS) coin. Since the mining phase ends we need POS to keep the blockchain alive.

Is Bitspace (BSX) a shitcoin like the others? Why do i care to invest? Why not just invest in Bitcoin itself? The answer is WRONG, Bitspace (BSX) actually support Bitcoin not just a standalone coin that against Bitcoin.

Example:

If I invest 1 BTC in Bitspace (BSX), I then transfer my BSX coins off exchanges to my personal wallet, I let my BSX coins stake enough to get back my original investment which is 1 BTC, guess what after that? I continue to stake more BSX coins that i can sell to have more Bitcoins, so basically Bitspace (BSX) made me more Bitcoins from its staking feature.

Happy earning passive Bitcoin income with Bitspace!

Join Bitspace Discord channel for giveaways to get free coins. https://discord.gg/aFxCuMC

[may142012]

Happy Bitcoin Pizza Day! Bitspace is also supporting Bitcoin by staking.

[may142012]

It had been over 3 months since Bitspace launched, congratulation to all holders.

[Starbaks]

I think this project is very good with the goals and concepts and features on offer. The world of cryptocurrency will be more advanced with this project. hopefully this project will be developed and developed.

[avti]

Кoшeлeк пoчeмy тo нe cинxpoнизиpyeтcя yжe 2 дня

[may142012]

Кoшeлeк пoчeмy тo нe cинxpoнизиpyeтcя yжe 2 дня

If you have trouble with syncing, simply delete all data in folder bitspace (except wallet.dat) C:\Users\youruser\AppData\Roaming\bitspace....  and run the latest wallet again and wait for re-sync. https://github.com/Bitspacedev/BitSpace/releases/download/1.2.0.0/bitspace-qt_1.2.0.0.exe

If still not syncing, put this peers.dat in the bitspace folder https://cdn.discordapp.com/attachments/417765106475073536/441208436835876867/peers.dat

[timtim1]

Where are devs ? What are prospects ? Anyone work on project ?

[hammz]

Where are devs ? What are prospects ? Anyone work on project ?

We are here. Working hard on exchange project.
Second dev Nostromo will post today few prntscreens about our progress.

[nostromo]

Few screenshots from front end .

user page (account)....
https://i.imgur.com/rVSLEaF.png

wallet page...
https://i.imgur.com/Uf4XhSM.png

trade page ... (doesn´t fit at one screen shoot...this page needs 2)

https://i.imgur.com/2aVzkxz.png

https://i.imgur.com/Yyd83Ge.png

We now have 6 basic coin daemons installed. This will be our main markets
BTC, LTC, ETH, BCH, ZEC, BSX,

Once will we launch. All new coins will be traded at these 6 basic currency pairs.... New coins  against  BTC, LTC, ETH, BCH, ZEC, BSX, coin pairs.
BSX will be used as official exchange payment for services like add coin + voting via bsx (vote page for add new coins)

Main page.... (doesn´t fit at one screen shoot...this page needs 3)

https://i.imgur.com/MVsAkGN.png

https://i.imgur.com/4rWIdve.png

https://i.imgur.com/CrRjxG9.png

[may142012]

That is a nice progress on the BSX exchange, hope it will be a success.

[cryptoenthus]

Hello!
Good day to y'all! I just wanted to say that is always nice to see a rapidly developing project with a GREAT community and strong social media presence. This may not be the one for me, but I admire your work, devs.