[ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue

[Sanitough]

But aside from the potential listing to another exchange, what is the major target this year for BGL to accomplish? Because looking at the current exchange, they haven't improved much. Maybe they need to offer a specific service or product that can entice crypto users. And I think, a lot of crypto users don't even know that BGL exists. We will see if there will be a change in price before and after the halving date, a week from now.

In terms of promotion they have an ongoing signature campaign and in fact, helps the price to improve slightly, this coin is only a year old and coming to its first halving, many are looking on this project now, I hope there is an effort on the part of whales and developers to get Bitgesell in a big market to get more investors to look on the project, signature campaign and listed inn big exchange will help the cause.

Exactly and we are seeing that. I don't usually participate in bounty but I found this project interesting.

Imagine, the circulating supply is only 10,047,830 BGL, the price is really undervalued as of now, so I would continue to help this project grow in my small way for the benefit of the investors and people who promote this project at the same time. Hopefully time will come that we will be able to benefit the bull run.

This project lacks liquidity. Need an exchange and a Money Maker with level higher than bot trading on Digifinex. I agree with you that BGL has a lot of potential.

You are right, but like other successful project, soon they'll be able to find a way to get this listed in a bigger exchanges particularly in Binance. Patience is the key, I think that's the goal of every project, to get listed in a bigger exchange to gain liquidity.

I think Hotbit is a good exchange, of the 3 exchanges this is listed, I only used Hotbit.
https://coinmarketcap.com/exchanges/hotbit/

But I'm still hoping for a big news soon, Binance and Bithumb, I guess that would be great if possible.

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[coin-investor]

I think Hotbit is a good exchange, of the 3 exchanges this is listed, I only used Hotbit.
https://coinmarketcap.com/exchanges/hotbit/

But I'm still hoping for a big news soon, Binance and Bithumb, I guess that would be great if possible.

Although it's a long shot for Binance listing I'm not losing hope, as long as the dev and the community are working to make the project great, there are other options right now like Kucoin, it should be listed in an exchange with good reputation and zero complain so no one among investors will lose when trading Bitgesell.

[Boakse]

Can somebody tell me how this is possible?

2 different balances of BGL on 2 different BGL explorers...

https://bitgesellexplorer.com/address/bgl1qysa5v4up0eg8ymljvpnwpd2jv7e5sc2fal6hu8

https://bgl.bitaps.com/bgl1qysa5v4up0eg8ymljvpnwpd2jv7e5sc2fal6hu8


Also the richlist is completely off...

https://bitgesellexplorer.com/richlist

Total supply amount in coins is doubled \ part doubled there...


Coin Supply (BGL) 10,344,688


Top 1-25     13,639,257.29939055   131.85%
Top 26-50   2,756,593.16893135   26.65%
Top 51-75   1,749,984.90263912   16.92%
Top 76-100   1,232,653.86563284   11.92%

Top 1-25 owns more coins then there is current coin supply?
Top 1-100 together owns 187,34% of current coin supply?


What is going on here

[EmmaWu]

Can somebody tell me how this is possible?

2 different balances of BGL on 2 different BGL explorers...

https://bitgesellexplorer.com/address/bgl1qysa5v4up0eg8ymljvpnwpd2jv7e5sc2fal6hu8

https://bgl.bitaps.com/bgl1qysa5v4up0eg8ymljvpnwpd2jv7e5sc2fal6hu8


Also the richlist is completely off...

https://bitgesellexplorer.com/richlist

Total supply amount in coins is doubled \ part doubled there...


Coin Supply (BGL) 10,344,688


Top 1-25     13,639,257.29939055   131.85%
Top 26-50   2,756,593.16893135   26.65%
Top 51-75   1,749,984.90263912   16.92%
Top 76-100   1,232,653.86563284   11.92%

Top 1-25 owns more coins then there is current coin supply?
Top 1-100 together owns 187,34% of current coin supply?


What is going on here

This is due to bitgesellexplorer.com was updated and resync was launched some time ago.
@MiningCoinsPool (https://bitcointalk.org/index.php?action=profile;u=2664447) could you please check if everything is alright there?
bgl.bitaps.com has correct information.




Congratulations to the winners of the node incentive program!
https://bglcontest.bitaps.com/nodes
2021-03-22
Total network nodes: 180
Here's winners list:
bgl1qff2dlt2fgzpxnxqdsy39chdxhg92yc7ztkv4xl
bgl1qnnavs02upzhmj4ryxjtau9ytlawfypzxu3dyae
bgl1qfkfrra4dranch92fa4lspvpuga7re2jyakhn4n
bgl1qnel5qqrzqahez6m35qaj9avysymcngdcc8mrra
bgl1q66jll3nnr034jpauvv8tjgp4las8lchgu7jurd
bgl1q076whuhj3lmcw7vgs63z6fuplshxmmwpdaqdrn
bgl1qge8v9jrasd922cge0t9ngyfnvjm2dd26qkfsk4
bgl1qq0x8av5c9ty7t5m3h8dhsu7wn2wxl5j47cwhwq
bgl1q6uhuxa0utdt7955hyysya7hgsk5lta6wmq73c2
bgl1qzuwghejh385gq20hgfs374slfcxqu7r7r0laz2
bgl1qre2fq833efqcq8k6py75cqyjaeh47v6uqcsxyq
bgl1qfryklj67hsew4c2g6sfkghu3a04pejy64utqzv
bgl1qjqvz5h4gjwysfyl4r4u0m2kmaejykwyugul05c
bgl1qvwl0xqcm3ccdgre6p5t7cnvxhcxq8rygtk3l56
bgl1qylqgf65wcxw86kd6j0ht408fdyuuen46fefuwt
bgl1qfehmlqx82zdf8gr085cgnh09ttg9ay6klza60c
bgl1q4c7w22u7fap6f488dag2fxxwn7hualnrfv96yx
bgl1qwywwft7m3e4v97k4tzxq5lnvn6mll70yx6znad
bgl1qe3clw74vms782z57l7h97mapzx6wly0k7nux9j
bgl1q04fusf40756depl5ldwj8nrq9fzhdzn6dg7ggg
The reward is 1150 BGL for everyone.

Congratulations to winner of the transaction contest!
https://bglcontest.bitaps.com
block # 51557
2021-03-21 15:14
The address bgl1q3nsqklxasddugesa7pajetglh7zv4asp5zetyv (76992 transactions)
The reward is 5750 BGL

Reward txid is c0b417594d568b24bd2ee41f9c4e5e36f6fc74c6eb1634cf19cf612888623058

[MiningCoinsPool]

Top 76-100   1,232,653.86563284   11.92%

Top 1-25 owns more coins then there is current coin supply?
Top 1-100 together owns 187,34% of current coin supply?


What is going on here

Hi,

The explorer is being reindex to fix that issue.

It may take up to 24h, after that it will be ok! 

[Questat]

I think Hotbit is a good exchange, of the 3 exchanges this is listed, I only used Hotbit.
https://coinmarketcap.com/exchanges/hotbit/

But I'm still hoping for a big news soon, Binance and Bithumb, I guess that would be great if possible.

Although it's a long shot for Binance listing I'm not losing hope, as long as the dev and the community are working to make the project great, there are other options right now like Kucoin, it should be listed in an exchange with good reputation and zero complain so no one among investors will lose when trading Bitgesell.

Kucoin would be a good start though, I think if they will manage to list in Kucoin, they'll be able to reach $1 million 24 hours trading combine with other existing exchanges currently listing the project.

As we can see in https://coinmarketcap.com/currencies/bitgesell/markets/, there's an increase of trading volume but the total trading volume is just currently at over $20k, not much of investors are investing yet.

[Boakse]

This is due to bitgesellexplorer.com was updated and resync was launched some time ago.
@MiningCoinsPool (https://bitcointalk.org/index.php?action=profile;u=2664447) could you please check if everything is alright there?
bgl.bitaps.com has correct information.

Hi,

The explorer is being reindex to fix that issue.

It may take up to 24h, after that it will be ok!  

Happy to hear, nothing is "wrong"

Thanks for clearing things up!

[MiningCoinsPool]

Happy to hear, nothing is "wrong"

Thanks for clearing things up!

Hey! It's solved now!

There is also this third explorer you could use if you'd like to: http://bitgesellexplorer.ca

[my luck]

What command should I use in the bgl.conf Win file to increase the maximum value of simultaneously connected peers for my node? The default value is 18?

[MiningCoinsPool]

What command should I use in the bgl.conf Win file to increase the maximum value of simultaneously connected peers for my node? The default value is 18?

Code:

maxconnections=<amount>

e.g:

Code:

maxconnections=50

[my luck]

What command should I use in the bgl.conf Win file to increase the maximum value of simultaneously connected peers for my node? The default value is 18?

Code:

maxconnections=<amount>

e.g:

Code:

maxconnections=50

Thanks for the help, but this doesn't work for me, my maximum number of connections is 18. But using smaller values, like maxconnections=10, I get no more than 10 connections. Mystique, that is in my case, the command only works to reduce the value of connections (I restarted node after each change in the configuration file).

[MiningCoinsPool]

What command should I use in the bgl.conf Win file to increase the maximum value of simultaneously connected peers for my node? The default value is 18?

Code:

maxconnections=<amount>

e.g:

Code:

maxconnections=50

Thanks for the help, but this doesn't work for me, my maximum number of connections is 18. But using smaller values, like maxconnections=10, I get no more than 10 connections. Mystique, that is in my case, the command only works to reduce the value of connections (I restarted node after each change in the configuration file).

oh ok, you can edit it in the source code instead, and compile yourself a Qt wallet from it

It's at 125 maxconnections by default already though, are you sure the other nodes (those above amount of 18) are available?

[my luck]

What command should I use in the bgl.conf Win file to increase the maximum value of simultaneously connected peers for my node? The default value is 18?

Code:

maxconnections=<amount>

e.g:

Code:

maxconnections=50

Thanks for the help, but this doesn't work for me, my maximum number of connections is 18. But using smaller values, like maxconnections=10, I get no more than 10 connections. Mystique, that is in my case, the command only works to reduce the value of connections (I restarted node after each change in the configuration file).

It's at 125 maxconnections by default already though, are you sure the other nodes (those above amount of 18) are available?

Yes, I have the ability to connect more than 18 nodes, but my client does not allow me to do this.

oh ok, you can edit it in the source code instead, and compile yourself a Qt wallet from it

It would be nice to get manuals how to compile the node executables yourself. For both OS, Windows and Linux. Or there may be links to other sources. I think it would be very interesting.

[my luck]

I think that developers need to update the information for the CMC aggregator. Currently, for the explorers section, the following are listed https://bgl.bitaps.com/ and https://smithpool.net/explorer/BGL
The information for the second link is not available. Instead, you could add this:

• https://bitgesellexplorer.com/
• http://bitgesellexplorer.ca/

[Daltonik]

Recently, statistics aggregators do not update information very quickly, even after they receive the necessary information from the developer. For example, on coinmarketcap, data on circulating supply and max supply is relevant, while on coingecko there is no data on circulating supply and therefore no market cap, data on the current price also differ by more than 30%
                                                                           

         

                                                                                                                                           

[sloiz]

Recently, statistics aggregators do not update information very quickly, even after they receive the necessary information from the developer. For example, on coinmarketcap, data on circulating supply and max supply is relevant, while on coingecko there is no data on circulating supply and therefore no market cap, data on the current price also differ by more than 30%
                                                                           

         

                                                                                                                                           

I know and I've sending updates regularly but for some reason, they're not including the data. I'll keep trying!

[yurez]

It looks like the first halving was effective and the price immediately went up, let's see what happens next.

Bitgesell, the New Digital Gold’s First Halving Just Happened
Bitgesell, the evolutionary successor of Bitcoin, has recently concluded its halving event, today March 28th, 2021. Triggered by the blockchain hitting block 52500, the first annual halving event on Bitgesell ecosystem has reduced the block reward from the previous 200 BGL to 100 BGL as the blockchain moves ever closer toward becoming an ideal store of value in the crypto world.

The Bitgesell halving event marks a significant step towards achieving an efficient deflationary economic model compared to its parent — Bitcoin. Created by Emma Wu in 2020, the Bitgesell project takes the best elements of Bitcoin and marries it with new features that put it years ahead of the flagship cryptocurrency.
https://www.newsbtc.com/news/company/bitgesell-the-new-digital-golds-first-halving-just-happened/

[EmmaWu]

Congratulations to the winners of the node incentive program!
https://bglcontest.bitaps.com/nodes
2021-03-29
Total network nodes: 242
Here's winners list:
bgl1qska8hdvw4dlq90rljcuf44pqq9pp5g2cus8ggs
bgl1qtnnk5xfhedqw62zjasl4k25y93lg244tgecj84
bgl1qmhhysju8kpj7s7l3cztcc9tttqk9lyry7l5edc
bgl1qre2fq833efqcq8k6py75cqyjaeh47v6uqcsxyq
bgl1qnnavs02upzhmj4ryxjtau9ytlawfypzxu3dyae
bgl1qga8eyjpqkxf9pefs6mz6kdru260m89hxf38sgt
bgl1q9cek0kz86dwa86ds4zq8mgwj23lxgt83tfunxe
bgl1qnvanx58vzcjk65eu2m5yj46wld0dk6s9hx7q4t
bgl1qvv0znxw9w06lagp9m5a2mq5mcq2h0xt2kv2ng4
bgl1q076whuhj3lmcw7vgs63z6fuplshxmmwpdaqdrn
bgl1qge8v9jrasd922cge0t9ngyfnvjm2dd26qkfsk4
bgl1q4hm0lg57fkcvm6td4z7fhzzqc5t3thtj24prm5
bgl1qw82jt9a4x8c58ute0hpsv8f60dzzsw0eufjaxa
bgl1qly3q33uhqcrhmjj55pk0f3maffnwcqufhj9czw
bgl1q6mf947eyuehrakhw5shyet6tj88hz52aaug322
bgl1qn5dxttjjml55eqvp6adp4rjxpk572rl8d4artw
bgl1qngwcw59arpzu2c0kdy4uvknqg85apckzxskaf8
bgl1qgh6f2t642cdknlg7ctp9ancw38k5kejfsn6aul
bgl1qup95wh4myz7cz7qcr94r9tsye40gr6xtkf73cc
bgl1qts2m2mj2866e7ep6u237y2ett8jn4l5le03u9g
The reward is 500 BGL for everyone.

Congratulations to winner of the transaction contest!
https://bglcontest.bitaps.com
block # 52565
2021-03-28 20:21
The address bgl1q3nsqklxasddugesa7pajetglh7zv4asp5zetyv (60511 transactions)
The reward is 2500 BGL

Reward txid is 801c88e58b35702f3336525a9ec27c065fa4d657ad0348bdec706aadb0d1717f

[my luck]

I once again checked 3 exchanges where I can buy BGL. Right now, only Hotbit has at least some liquidity. Crex24 and DigiFinex have empty glasses for sale. In addition, since there is weak trading on these exchanges. Therefore, the exchange rate of the coin for the aggregator is underestimated, which affects the low rating of the coin among the entire cryptocurrency.

[coin-investor]

I once again checked 3 exchanges where I can buy BGL. Right now, only Hotbit has at least some liquidity. Crex24 and DigiFinex have empty glasses for sale. In addition, since there is weak trading on these exchanges. Therefore, the exchange rate of the coin for the aggregator is underestimated, which affects the low rating of the coin among the entire cryptocurrency.

Crex24 has a low reputation because of the report in the scam section, Hotbit and Digifinex is good even if we don't have a big exchange, there's a big pump that happened in the last three days and hopefully, it's a start, we need more good news coming and exchange listing and hopefully a platform that we can attach to Bitgesell.