[ANN][BEE]BeeCoin - Launched/5 EXCHANGES

[GREEDYJOHN]

OK thanks. I'm looking for it.
WHat a beautiful flashy coin.

It is a lovely coin that will need more publicity at the right time -  when the coin has been fully developed.
THIS COIN NEEDS TO REACH FULL POTENTIAL BEFORE HITTING A MAJOR EXCHANGE.

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[dygus]

I'm asking once again. Can new devs tell me how many coins have been mined already?

[dygus]

Because i think there are about 10 bilion coins

[GREEDYJOHN]

Because i think there are about 10 bilion coins

The dev is currently working on the blockchain, and the qt client. He will post information when he is ready. The dev is working very hard behind the scenes, despite hidden obstacles and limited funds.

I know that people have donated a bit, but the dev also has to provide a lot of funds from his own pocket.

[GREEDYJOHN]

I'm asking once again. Can new devs tell me how many coins have been mined already?

I could estimate about 10bn coins, but the exact figure will be revealed when the blockchain is ready.

[GREEDYJOHN]

Because i think there are about 10 bilion coins

Not blockchain, but BEE-CHAIN.

[cryptohunter]

I'm asking once again. Can new devs tell me how many coins have been mined already?

The block average is 100k right now... however it drops in a day or two to 50k.... so right now i think we have 96000 roughly so 9.6Billion mined so far. 

The amazing thing about this is that i only see 300M for sale?? can you imagine that fact?  so somehow every single miner is holding their coins. Nobody is selling.


Also there is no need to PM me if you think beecoin should go x11... it is best to discuss your reasons why you think it should go x11 or if you have reasons why it should not go x11 please put them on this thread too so we can evaluate fully the best way to go.

So far we just have 2 comments both are in favour of switching to x11.

[GREEDYJOHN]

I'm asking once again. Can new devs tell me how many coins have been mined already?

The block average is 100k right now... however it drops in a day or two to 50k.... so right now i think we have 96000 roughly so 9.6Billion mined so far.  

The amazing thing about this is that i only see 300M for sale?? can you imagine that fact?  so somehow every single miner is holding their coins. Nobody is selling.


Also there is no need to PM me if you think beecoin should go x11... it is best to discuss your reasons why you think it should go x11 or if you have reasons why it should not go x11 please put them on this thread too so we can evaluate fully the best way to go.

So far we just have 2 comments both are in favour of switching to x11.

How easy will it be to switch to x11?

- Is it risky?
- Does it require too much technical skill?
- Is the switch-over an expensive process, requiring special hardware?

[GREEDYJOHN]

I'm asking once again. Can new devs tell me how many coins have been mined already?

The block average is 100k right now... however it drops in a day or two to 50k.... so right now i think we have 96000 roughly so 9.6Billion mined so far. 

The amazing thing about this is that i only see 300M for sale?? can you imagine that fact?  so somehow every single miner is holding their coins. Nobody is selling.


Also there is no need to PM me if you think beecoin should go x11... it is best to discuss your reasons why you think it should go x11 or if you have reasons why it should not go x11 please put them on this thread too so we can evaluate fully the best way to go.

So far we just have 2 comments both are in favour of switching to x11.

Good, let the coin become scarce.

It is better to have 100m coins initially selling at 100 - 200 Litoshi's, than 315m coins initially selling at 11 Litoshi's.
Price will naturally jump, ESPECIALLY AFTER POS IMPLEMENTATION, when miners have no more coins to sell.

[cryptohunter]

I'm asking once again. Can new devs tell me how many coins have been mined already?

The block average is 100k right now... however it drops in a day or two to 50k.... so right now i think we have 96000 roughly so 9.6Billion mined so far.  

The amazing thing about this is that i only see 300M for sale?? can you imagine that fact?  so somehow every single miner is holding their coins. Nobody is selling.


Also there is no need to PM me if you think beecoin should go x11... it is best to discuss your reasons why you think it should go x11 or if you have reasons why it should not go x11 please put them on this thread too so we can evaluate fully the best way to go.

So far we just have 2 comments both are in favour of switching to x11.

How easy will it be to switch to x11?

- Is it risky?
- Does it require too much technical skill?
- Is the switch-over an expensive process, requiring special hardware?

It can be done in a non risky way....  see how adt1 swapped to adt2.... we are lucky because beecoin has transaction messages so the swap over can be done by a script. With a working block explorer you can see perfectly how it works and only swap a little bit over at a time. This method is basically fool proof.

Soopy said they may be another way to do it without even doing that.

I'm sure soopy has the technical skills.

No special hardware at all.  It can be as simple as forking dark or haro or any x11 coin and swapping coins over to that chain.

For example if we were all ready to swap now.... you make a copy of one of those and make the first block 10Billion which is premined. Then we start mining that chain as normal.  Then we swap over our beecoins we have now to the new beecoins on the new x11 chain.

With adt1 to adt2 you simply put your new adt2 address in the transaction message part, then send to a swap over address made by the dev. The dev has a script running that reads the transaction message and send the recieved coins you send the change over address to your new adt2 address.


Beecoin needs to swap to x11 asap. I see already a few members that are not usually known for having huge hash power already showing on pools they have over 600MH  each..... this means from somewhere they already NOW have huge powerful scrypt asics.  Beecoin will remain vulnerable and also these people could essential take most of the new coins easily with no cost to themselve in terms of electricity.

Scrypt coins are now finished in my opinion. If these huge powerful asics were available to everyone now then maybe not too bad, but since now just a few people have managed to get their hands on HUGE scrypt firepower months before everyone else there is a big issue. Scrypt is in big trouble.

[cryptohunter]

Also thanks very much to Mac-Stone for helping with donations for soopy and beecoin. That is nice, will be remembered on the supporters list for sure.

[GREEDYJOHN]

I'm asking once again. Can new devs tell me how many coins have been mined already?

The block average is 100k right now... however it drops in a day or two to 50k.... so right now i think we have 96000 roughly so 9.6Billion mined so far.  

The amazing thing about this is that i only see 300M for sale?? can you imagine that fact?  so somehow every single miner is holding their coins. Nobody is selling.


Also there is no need to PM me if you think beecoin should go x11... it is best to discuss your reasons why you think it should go x11 or if you have reasons why it should not go x11 please put them on this thread too so we can evaluate fully the best way to go.

So far we just have 2 comments both are in favour of switching to x11.

How easy will it be to switch to x11?

- Is it risky?
- Does it require too much technical skill?
- Is the switch-over an expensive process, requiring special hardware?

It can be done in a non risky way....  see how adt1 swapped to adt2.... we are lucky because beecoin has transaction messages so the swap over can be done by a script. With a working block explorer you can see perfectly how it works and only swap a little bit over at a time. This method is basically fool proof.

Soopy said they may be another way to do it without even doing that.

I'm sure soopy has the technical skills.

No special hardware at all.  It can be as simple as forking dark or haro or any x11 coin and swapping coins over to that chain.

For example if we were all ready to swap now.... you make a copy of one of those and make the first block 10Billion which is premined. Then we start mining that chain as normal.  Then we swap over our beecoins we have now to the new beecoins on the new x11 chain.

With adt1 to adt2 you simply put your new adt2 address in the transaction message part, then send to a swap over address made by the dev. The dev has a script running that reads the transaction message and send the recieved coins you send the change over address to your new adt2 address.


Beecoin needs to swap to x11 asap. I see already a few members that are not usually known for having huge hash power already showing on pools they have over 600MH  each..... this means from somewhere they already NOW have huge powerful scrypt asics.  Beecoin will remain vulnerable and also these people could essential take most of the new coins easily with no cost to themselve in terms of electricity.

Scrypt coins are now finished in my opinion. If these huge powerful asics were available to everyone now then maybe not too bad, but since now just a few people have managed to get their hands on HUGE scrypt firepower months before everyone else there is a big issue. Scrypt is in big trouble.

WE ALL HAVE TO AGREE, TO SWAP BEECOIN TO x11, ASAP.

How do we get everybody informed?

[MacStone]

Also thanks very much to Mac-Stone for helping with donations for soopy and beecoin. That is nice, will be remembered on the supporters list for sure.

No problem, mate.
It is a coin worth investing in, with alot of potencial
I have been checking this thread on a daily basis since it's launch, altough i dont say much ( 2nd post here i think).

[quovadiz]

Please forgive me for my ignorance... but what is x11?
Sounds to be a new PoW algorithm but i couldn't find anything specific abt it...
Is it designed to cut-out coming-soon asic scrypt miners?
Can u link me some technical explanation abt it?
Thank u in advance...

[GREEDYJOHN]

Please forgive me for my ignorance... but what is x11?
Sounds to be a new PoW algorithm but i couldn't find anything specific abt it...
Is it designed to cut-out coming-soon asic scrypt miners?
Can u link me some technical explanation abt it?
Thank u in advance...

Forward your question to "cryptohunter" with a PM, or just read through page 82 of this thread, the messages posted by "cryptohunter".

[GREEDYJOHN]

Also thanks very much to Mac-Stone for helping with donations for soopy and beecoin. That is nice, will be remembered on the supporters list for sure.

No problem, mate.
It is a coin worth investing in, with alot of potencial
I have been checking this thread on a daily basis since it's launch, altough i dont say much ( 2nd post here i think).

We all need to bring our ideas forward, to support beecoin.

WE ALL HAVE TO AGREE, TO SWAP BEECOIN TO x11, ASAP.

How do we get everybody informed?

[quovadiz]

Please forgive me for my ignorance... but what is x11?
Sounds to be a new PoW algorithm but i couldn't find anything specific abt it...
Is it designed to cut-out coming-soon asic scrypt miners?
Can u link me some technical explanation abt it?
Thank u in advance...

Forward your question to "cryptohunter" with a PM, or just read through page 82 of this thread, the messages posted by "cryptohunter".

Thank you... as far as i understood in case of x11 swap it will be necessary to transfer somehow all the beecoins form the actual wallet to the new one... or something like this... i'll stay tuned here to ustand when and how to do it...
Thank u!

[GREEDYJOHN]

Please forgive me for my ignorance... but what is x11?
Sounds to be a new PoW algorithm but i couldn't find anything specific abt it...
Is it designed to cut-out coming-soon asic scrypt miners?
Can u link me some technical explanation abt it?
Thank u in advance...

Forward your question to "cryptohunter" with a PM, or just read through page 82 of this thread, the messages posted by "cryptohunter".

Thank you... as far as i understood in case of x11 swap it will be necessary to transfer somehow all the beecoins form the actual wallet to the new one... or something like this... i'll stay tuned here to ustand when and how to do it...
Thank u!

How many other coins have successfully implemented x11?

[venmo]

I am all for x11.

I think once we switch we should start a new Beecoin thread in this forum. Make it look professional and state our goal of helping save the bees.

Once that is done I can see people starting to take this coin seriously.

[LongTDP]

This time, I'm so busy that I couldn't read this topic frequency. May I ask a question? If we SWAP BEECOIN TO x11, current coins will be lost or still remain?
Btw, I will donate to Soppy too. I just have only 1.594573 LTC at allcoin.com, now. It is very small, but that is all LTC that I have now . hope it may be a bit useful.