[ANN] [GLB]Globe – One Currency for One Globe - Polished and Ready for Action

[sphere]

I believe that you based Globe on Freicoin?  Maybe Freicoin has the same issue, but because its diff is so high, nobody is solo mining it, and they don't notice it.

This could be true. By the way globe.ecoining.com is empty. Any reason ?

[Zouhannes]

ecoining pool doesn't work well. I was using but it crashed or something, twice

[mrbickle]

ecoining pool doesn't work well. I was using but it crashed or something, twice

It is working to me. What was your problem?

[Zouhannes]

were u using it yesterday around 10gmt? or the day before?

[CryptoGuy]

Does anyone know when the block reward halves? It's gotta be coming up pretty soon.

[sphere]

The specs say that it is after 2 months.  So, 60 days x 1440 blocks = 86 400.  We are currently at block 69475, so (86400 - 69475) / 1440 =  11.75 days from now.  Maybe Sphere can gives us the exact block number that was put in the code.

No problem. Its 85260 blocks in the code .

[sphere]

Hey guys wanted to update you guys on a couple things

I sent a total of 12,000 to the GLB-HLD and GLB-STD addresses.

Also 5000 GLB has been converted into BTC (due to the auction) and has been sent to the BTC-RES-2 address and BTC-STB-2 address. 


This means the equivalent of 85,650 GLB is at the reserves and price stabilization . This is again over the 50% but should average out in the coming days/weeks. 

You can view a breakdown here : http://www.globecrypto.com/#where-are-taxes-going-to

Thanks
Sphere

[maardein]

Hey guys wanted to update you guys on a couple things

I sent a total of 12,000 to the GLB-HLD and GLB-STD addresses.

Also 5000 GLB has been converted into BTC (due to the auction) and has been sent to the BTC-RES-2 address and BTC-STB-2 address. 


This means the equivalent of 85,650 GLB is at the reserves and price stabilization . This is again over the 50% but should average out in the coming days/weeks. 

You can view a breakdown here : http://www.globecrypto.com/#where-are-taxes-going-to

Thanks
Sphere

Nice! How do you mean over 50%?

[sphere]

Hey guys wanted to update you guys on a couple things

I sent a total of 12,000 to the GLB-HLD and GLB-STD addresses.

Also 5000 GLB has been converted into BTC (due to the auction) and has been sent to the BTC-RES-2 address and BTC-STB-2 address. 


This means the equivalent of 85,650 GLB is at the reserves and price stabilization . This is again over the 50% but should average out in the coming days/weeks. 

You can view a breakdown here : http://www.globecrypto.com/#where-are-taxes-going-to

Thanks
Sphere

Nice! How do you mean over 50%?

Hi ,

Remember how we take 20% tax, 50% of the tax is sent to the holds, reserves and stabilizers.

85,650 worth of GLB is stored. 142,000 Globes have been taxed aprox . 

85,650 is more than 50% of all the Globes taxed. As more are created it will average out to a 50/50 split.

Hope that makes sense 

Also can some users switch over to http://globe.ecoining.com nerioseole is probably feeling lonely .

Thanks
Sphere

[maardein]

Hey guys wanted to update you guys on a couple things

I sent a total of 12,000 to the GLB-HLD and GLB-STD addresses.

Also 5000 GLB has been converted into BTC (due to the auction) and has been sent to the BTC-RES-2 address and BTC-STB-2 address. 


This means the equivalent of 85,650 GLB is at the reserves and price stabilization . This is again over the 50% but should average out in the coming days/weeks. 

You can view a breakdown here : http://www.globecrypto.com/#where-are-taxes-going-to

Thanks
Sphere

Nice! How do you mean over 50%?

Hi ,

Remember how we take 20% tax, 50% of the tax is sent to the holds, reserves and stabilizers.

85,650 worth of GLB is stored. 142,000 Globes have been taxed aprox . 

85,650 is more than 50% of all the Globes taxed. As more are created it will average out to a 50/50 split.

Hope that makes sense 

Also can some users switch over to http://globe.ecoining.com nerioseole is probably feeling lonely .

Thanks
Sphere

Ah, yes that makes sense. I was thinking about 50% of total globe, but that way it didn't make sense (since there is a lot more globe around).

[mrbickle]

Hi ,

Remember how we take 20% tax, 50% of the tax is sent to the holds, reserves and stabilizers.

85,650 worth of GLB is stored. 142,000 Globes have been taxed aprox . 

85,650 is more than 50% of all the Globes taxed. As more are created it will average out to a 50/50 split.

Hope that makes sense 

Also can some users switch over to http://globe.ecoining.com nerioseole is probably feeling lonely .

Thanks
Sphere

I get to keep 100% of the reward for each block found - I like being "lonely" in those conditions 

To be fair, you get to kepp 99% of the reward because you are donating us We should be donating to you as your help testing the pool has been huge!

Thank you mate!

[sphere]

Hi everyone,

I thought I would give my opinion on the recent Auction. (10,000 GLB went for 0.4 BTC)

Ok, so basically, it went for much lower than previous trades, this is obliviously a disadvantage.

It does mean that GLB is backed by much more BTC than before (0.2 BTC) .

It also gives us cold hard cash (well BTC) that we can use to help move the project forward maybe save up and spend on XYZ.


I think doing this on a frequent basis would cause the price to decrease however if we do these on an infrequent basis maybe once a month it could be beneficial. 

What do you think?


Thanks
Sphere

[maardein]

Hi everyone,

I thought I would give my opinion on the recent Auction. (10,000 GLB went for 0.4 BTC)

Ok, so basically, it went for much lower than previous trades, this is obliviously a disadvantage.

It does mean that GLB is backed by much more BTC than before (0.2 BTC) .

It also gives us cold hard cash (well BTC) that we can use to help move the project forward maybe save up and spend on XYZ.


I think doing this on a frequent basis would cause the price to decrease however if we do these on an infrequent basis maybe once a month it could be beneficial. 

What do you think?


Thanks
Sphere

I think people are holding back a little, including myself, untill GLB gets onto an exchange. No one is going to invest serious money (BTC) into a coin, if it is unclear whether you can ever get your investment back. I really like the idea of GLB, but untill it gets onto an exchange there is no way to increase the reserve on an ongoing basis. This actually makes this coin little different from many other recent coins in its current state. I think that getting GLB on an exchange is the first priority in order to really make this happen.

Doing auctions now and then could be a good way to get some more BTC until GLB hits an exchange. Maybe it would also be good to have some smaller auctions (like 1000 GLB), so people with less BTC can bid as well.

[Zouhannes]

One thing about the glb website, hows the SEO there? its not so easy to find the website on google. for instance, with keywords globe coin or globe glb.

[bcfanminer]

One thing about the glb website, hows the SEO there? its not so easy to find the website on google. for instance, with keywords globe coin or globe glb.

Thanks for your suggestion. Just added SEO to the website.
Wait for a few days, you might search GLB from google.

By the way, if you search "globe crypto", you can reach the website. 

[digitalindustry]

how is this not already posted??

- , there.

fixing the world one meme at a time .

[sphere]

Hi

Why do you think this is not economically viable or where you just joking around with the meme? Kl meme by the way, should be given to everyone buying bitcoin to use as a currency.

Thanks
Sphere

[bcfanminer]

Just adding an comments requiring to add GLB to the following exchange:
https://www.coinmarket.io:3001/

You can check my comments here:
https://bitcointalk.org/index.php?topic=422153.msg4622708#msg4622708

Any idea to promote GLB to this exchange?

Thanks,
bcfanminer

[sphere]

Just adding an comments requiring to add GLB to the following exchange:
https://www.coinmarket.io:3001/

You can check my comments here:
https://bitcointalk.org/index.php?topic=422153.msg4622708#msg4622708

Any idea to promote GLB to this exchange?

Thanks,
bcfanminer

Commented. Can others please also comment here : https://bitcointalk.org/index.php?topic=422153.new#new

EDIT: never mind he does not want coin suggestions

Thanks
Sphere

[Zouhannes]

Just adding an comments requiring to add GLB to the following exchange:
https://www.coinmarket.io:3001/

You can check my comments here:
https://bitcointalk.org/index.php?topic=422153.msg4622708#msg4622708

Any idea to promote GLB to this exchange?

Thanks,
bcfanminer

Commented. Can others please also comment here : https://bitcointalk.org/index.php?topic=422153.new#new

EDIT: never mind he does not want coin suggestions

Thanks
Sphere

He/she said that suggestions could be added here https://bitcointalk.org/index.php?topic=422726.0