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

[EmmaWu]

Nice position in the announcements section 
Screened for memory:

[1714856427]

1714856427

[1714856427]

1714856427

[1714856427]

1714856427

[1714856427]

1714856427

[TimeTeller]

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.

I have seen the price really does go up in the past couple of days.
Is there a reason for this aside from the halving? Any plans that BGL team is cooking?
You can easily get to big exchange if they have good trading volume.
I think for now those exchanges are more than enough.
If this will be a real store of value coin, we will see more development updates here.

[Sanitough]

BGL seems to be pumping... I'm glad I have some BGL in my wallet but I'll still continue buying this for long term.. maybe not this time its over 900% increase per https://coinmarketcap.com/currencies/bitgesell/markets/...

I just checked, anyone care to explain the reason?

[my luck]

BGL seems to be pumping... I'm glad I have some BGL in my wallet but I'll still continue buying this for long term.. maybe not this time its over 900% increase per https://coinmarketcap.com/currencies/bitgesell/markets/...

I just checked, anyone care to explain the reason?

The reason is simple - such a coin can not be as cheap as it was. You can see other BTC forks with a price much higher than a few cents.

Bitcoin Cash BCH $525.98
Bitcoin SV BSV $212.43

[EmmaWu]

Is there a reason for this aside from the halving? Any plans that BGL team is cooking?

One of the main next things are cross-chain integration and getting into DeFi space. We created pull request in Ren repository, but no confirmation yet, but, we anyway would do ERC20 token on Eth, and BEP20 token on Binance Smart Chain to get into Uniswap/Pancakeswap.
And create some commits in our code and commits to Bitcoin Core  


Also, we should perform stronger branding and design to use in apps and websites and we have budget for it already on donation wallet (about $30K).
So a question to the community: can someone offer great branding agency that creates high quality work?

[Murat]

Also, we should perform stronger branding and design to use in apps and websites and we have budget for it already on donation wallet (about $30K).
So a question to the community: can someone offer great branding agency that creates high quality work?

They are best in class - https://www.griflan.com/

They caught my attention here - https://district0x.io/ & https://www.elastos.org/

[Daltonik]

Coinmarketcap has corrected the statistics on BGL and displays its current value correctly it is nice to see that the coin is gradually moving to a higher rank in the rating and now occupies #1470 with a market cap of $1,660,984

[my luck]

Coinmarketcap has corrected the statistics on BGL and displays its current value correctly it is nice to see that the coin is gradually moving to a higher rank in the rating and now occupies #1470 with a market cap of $1,660,984

No, CMC didn't change anything in its algorithms. A little earlier, the other day, the price of the BGL coin was calculated based on three prices from three exchanges. The cost was much less than today, in the near of 2-3 cents. Therefore, the value of the Market Cap was much lower, respectively, the rating was also lower. Now the price is constantly growing = rating increases.

Do not forget about this opportunity of this forum

[Sanitough]

BGL seems to be pumping... I'm glad I have some BGL in my wallet but I'll still continue buying this for long term.. maybe not this time its over 900% increase per https://coinmarketcap.com/currencies/bitgesell/markets/...

I just checked, anyone care to explain the reason?

The reason is simple - such a coin can not be as cheap as it was. You can see other BTC forks with a price much higher than a few cents.

Bitcoin Cash BCH $525.98
Bitcoin SV BSV $212.43

I know but there should be a more specific reason, and not just the reason that in the long run it will rise.

I already get it, I read some information about the project and I'm glad I was able to promote the campaign even in just 1 week.
Sold mine, and I guess I'll wait until it will fall down again, if possible.

[Daltonik]

I know but there should be a more specific reason, and not just the reason that in the long run it will rise.

I already get it, I read some information about the project and I'm glad I was able to promote the campaign even in just 1 week.
Sold mine, and I guess I'll wait until it will fall down again, if possible.

I will continue to participate in the subscription campaign until it ends, I hope this will not happen soon, although if the price continues to grow, then who knows. I have not sold the coins yet, I think that the price is still too low for so many coins in circulation and given the stated halving every year, it is very undervalued.

[Gash]

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.

Low rating huh? Do u expect higher rating from a coin with the name BITGESELL? Who on earth would put SELL part in the coin name? This coin is made for junkies by a junkie. In the good old days this forum lodged serious enterprises, many of them then managed to flesh out into outstanding ecosystems that created communities outside of this forum. Now its a bone yard for scroungers and whackheads abandoned by normal life and this coin u see right here is the best example of that.

[OcTradism]

I downloaded and installed the BitGeSell wallet. What I like?

- The UI is very friendly for my eyes.
- The wallet has an opt-in Testnet wallet that is cool if I want to test something out and I won't be fear of loss of my BitGeSell on the main net.
- The Replace-by-Fee option is chosen by default.

I have some questions and need help
- Prune node (from Options - Main tab): it is chosen by default. The default storage size is 2 GB. Is it necessary at this moment of the BitGeSell blockchain database? I think it should be an option only.
- Transaction fee: I see the warning in Orange: Fee estimation is currently not possible.
Will it be integrated to the wallet feature later?
Can I do observation on the BitGeSell mempool manually? If I can, where to check the mempool?

Thank you.


Edit

I tried to figure it out and Console tab with the command getmempoolinfo is helpful. I still need some clarification.

Code:

{
  "loaded": true,
  "size": 1,
  "bytes": 141,
  "usage": 1152,
  "maxmempool": 300000000,
  "mempoolminfee": 0.00001000,
  "minrelaytxfee": 0.00001000,
  "unbroadcastcount": 0
}

What does it mean? Is 0.00001000 BGL per kB? It looks the same as the Recommended fee in the Send tab.

Code:

"mempoolminfee": 0.00001000

[Questat]

I know but there should be a more specific reason, and not just the reason that in the long run it will rise.

I already get it, I read some information about the project and I'm glad I was able to promote the campaign even in just 1 week.
Sold mine, and I guess I'll wait until it will fall down again, if possible.

I will continue to participate in the subscription campaign until it ends, I hope this will not happen soon, although if the price continues to grow, then who knows. I have not sold the coins yet, I think that the price is still too low for so many coins in circulation and given the stated halving every year, it is very undervalued.

That's a real holder, not selling even if the price is already high.

It's already x10 of the low price I witnessed and it could still rise more as the supply is really cheap.
1$ is just a minimum which I think with continues development, price will increase more, more so if big exchange will list BGL.

[coin-investor]

It's already x10 of the low price I witnessed and it could still rise more as the supply is really cheap.
1$ is just a minimum which I think with continues development, price will increase more, more so if big exchange will list BGL.

I hope we can achieve the $1 this year, although it's a long shot we will have to rely on the halving and the current campaign and the whole community to continue to support BitGesell, there are many plans and the recommendation for partnership and listing on a big exchange, if we can achieve this we can finish the year Bitgesell on the $5 mark or even more.

[Daltonik]

It's already x10 of the low price I witnessed and it could still rise more as the supply is really cheap.
1$ is just a minimum which I think with continues development, price will increase more, more so if big exchange will list BGL.

I hope we can achieve the $1 this year, although it's a long shot we will have to rely on the halving and the current campaign and the whole community to continue to support BitGesell, there are many plans and the recommendation for partnership and listing on a big exchange, if we can achieve this we can finish the year Bitgesell on the $5 mark or even more.

Yes, I also very much hope to achieve a price of more than $5 per BGL thanks to the already working halving and the planned campaign for attracting and marketing with confirmed funding, I think, will contribute to this.

[poldanmig]

For further development I hope dev

-Update Litepaper
-Partnership
-New Listing

The current trading volume on the exchange is mostly only done by Bots. and we need an exchange that has a larger volume to be able to develop the BGL project. Apart from that, from the perspective of the telegram community, it should have been bigger with yesterday's increase, but not many joined

[coin-investor]

The main point is Exchange to be able to increase BGL trading. Until now, BGL has not been able to optimally trade and is also increasing its trading volume every day. Agree with you. that the current exchange has not been able to provide high expectations regarding the price of BGL in the near future. We are all waiting for the good news new listing 

I'm sure the developers are fully aware of this, they have it in their roadmap, we still have a small community, we need to continue the promotion, the signature campaign is doing great, I hope it will continue, and add more campaigns like article campaigns, things will unfold if the whole community unite to make Bitgesell's presence in the Crypto community.

[FutureBitcoin]

It looks like the game is over. Shit exchanges could not withstand the sale 45k BGL coins when they were sold on the market. Too bad, I was hoping it would be better.

[my luck]

Happy Birthday BGL!

[OcTradism]

I hope we can achieve the $1 this year, although it's a long shot we will have to rely on the halving and the current campaign and the whole community to continue to support BitGesell, there are many plans and the recommendation for partnership and listing on a big exchange, if we can achieve this we can finish the year Bitgesell on the $5 mark or even more.

It is very realistic in bull market. When price begins a parabolic curve, it won't stop and it will rise exponentially in a few days or several weeks. There are many altcoins in the December 2017 and January 2018 have very big growths in few weeks. High prices won't last forever as they are caused by FOMO but people will have time to take profit, very good profit.

Only their hesitation and too high or unrealistic forecast will result in missing of great price to take profit. If you have a target at $1 or $5, well it does not a matter. If you have reasons to conclude those prices are your realistic targets. Nevertheless, stay with your targets and take profit when they are reached. It is a lesson that you move up your targets higher and higher and see price crashes to the bottom.