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Author Topic: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue  (Read 8854 times)
OcTradism
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April 09, 2021, 01:44:34 AM
 #341

The price is going to be more volatile due ot lack of liquidity.

We only have $7,184 volume now per CMC and its down 81.99% in the past 24 hours.
I think what we are lacking is an exchange that could help BGL build its trading volume and be more stable.
I believe that BitGeSell is in the very early phase of Eliot wave theory. Stay tune for higher highs.

I'm sure, the current situation will make BGL holder on hotbit feel sick. It's more than 13 hours ago since the last trade on hotbit got updated in coinmarketcap. It's not wrong to worry. But, the volume and liquidity at digifinex began to increase gradually. If BGL can expan the exchange to the more grade level, the good thing will coming.
It is still a very young cryptocurrency and there are more time for it grow up. The partnership with more exchanges can be done in the future and the general up trend, the altcoin season will help BitGeSell as external factors. I am waiting for more good news from internal developments.  Smiley

Hotbit exchange, which recently gives the largest figure for trading (screwed up by bots), has been unavailable for trading for last 9 hours. Therefore, such a drop in daily trading values. This BGL coin needs an exchange level higher than the three that are currently available. Now there is no supply and no demand.
With low volume and limited available exchanges, high spread is bigger. It happens for all cryptocurrencies and not only for BitGeSell. If it is the bot operations on Hotbit are there, all cryptocurrency trading orders are manipulated by bots. The bot operations and fake buy or sell walls can be detected by eyes. You can try to set your orders, bots will create their orders above yours very fast.

.
.......Bitgesell's first yearly halving is coming in less than a month!.......
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April 09, 2021, 02:29:06 AM
 #342


With low volume and limited available exchanges, high spread is bigger. It happens for all cryptocurrencies and not only for BitGeSell. If it is the bot operations on Hotbit are there, all cryptocurrency trading orders are manipulated by bots. The bot operations and fake buy or sell walls can be detected by eyes. You can try to set your orders, bots will create their orders above yours very fast.

The listing is very crucial and it could be a big reason for the success of this project.

It's time to make an effort to get this listed in big exchange such us binance, kucoin, and huobi, then things will change for the better.
For now, it's easy to manipulate the price and with low volume exchanges, big investors are not attractive and actually the main reason why a coin is popular is if more traders are moving this in short term and it could only happen with big exchange as they can accommodate big volume.




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April 09, 2021, 04:14:03 AM
 #343

The listing is very crucial and it could be a big reason for the success of this project.
Absolutely true! I can not step in the shoes of others but in my opinion, appearance for trading on big exchanges is good. It help a cryptocurrency to take advantage of capital flow on big exchanges. Whales, retail traders will move their capital around and inside one exchange. They are keen on internal capital flow than withdraw their money from one exchange, and deposit it to another exchange. It is inconvenience for capital movements.

If my opinion is accurate, it is one of reasons why listing news can help price to have pumps.

Quote
It's time to make an effort to get this listed in big exchange such us binance, kucoin, and huobi, then things will change for the better.
For now, it's easy to manipulate the price and with low volume exchanges, big investors are not attractive and actually the main reason why a coin is popular is if more traders are moving this in short term and it could only happen with big exchange as they can accommodate big volume.
If you can not win community vote, you will have to pay very expensive listing cost. Focus on medium exchanges can be good choice for BitGeSell team.

.
.......Bitgesell's first yearly halving is coming in less than a month!.......
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April 09, 2021, 04:47:58 AM
 #344

Quote
It's time to make an effort to get this listed in big exchange such us binance, kucoin, and huobi, then things will change for the better.
For now, it's easy to manipulate the price and with low volume exchanges, big investors are not attractive and actually the main reason why a coin is popular is if more traders are moving this in short term and it could only happen with big exchange as they can accommodate big volume.
If you can not win community vote, you will have to pay very expensive listing cost. Focus on medium exchanges can be good choice for BitGeSell team.
The number of exchanges should be greater. I will explain why this is necessary. Now there is a situation when you can buy and sell BGL only on the DigiFinex exchange. This is very inconvenient for traders, because the glasses of supply and demand are almost empty.

.
.......Bitgesell's first yearly halving is coming in less than a month!.......
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April 09, 2021, 12:16:27 PM
 #345

Dump, dump, dump and other dump... There is no buyer support...
Your initiative to create panic is failed.
LOL. Do you know how to analyze trading charts for the exchange?

The pump of BitGeSell in the past week is the trial of further growth.
Show me who wants to purchase 14,400 daily generated coins.



The price is going to be more volatile due ot lack of liquidity.

We only have $7,184 volume now per CMC and its down 81.99% in the past 24 hours.
I think what we are lacking is an exchange that could help BGL build its trading volume and be more stable.
Hotbit exchange, which recently gives the largest figure for trading (screwed up by bots), has been unavailable for trading for last 9 hours. Therefore, such a drop in daily trading values. This BGL coin needs an exchange level higher than the three that are currently available. Now there is no supply and no demand.

I guess Binance would help them as its the most trusted exchange now, once its listed, the hype will be high and knowing that the supply is very low, $1 will be easily achieve and even $10 because of the hype in the short term, however, does the team has the capability to list BGL in Binance?

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April 09, 2021, 03:22:14 PM
 #346

Dump, dump, dump and other dump... There is no buyer support...
Your initiative to create panic is failed.
LOL. Do you know how to analyze trading charts for the exchange?

The pump of BitGeSell in the past week is the trial of further growth.
Show me who wants to purchase 14,400 daily generated coins.



The price is going to be more volatile due ot lack of liquidity.

We only have $7,184 volume now per CMC and its down 81.99% in the past 24 hours.
I think what we are lacking is an exchange that could help BGL build its trading volume and be more stable.
Hotbit exchange, which recently gives the largest figure for trading (screwed up by bots), has been unavailable for trading for last 9 hours. Therefore, such a drop in daily trading values. This BGL coin needs an exchange level higher than the three that are currently available. Now there is no supply and no demand.

I guess Binance would help them as its the most trusted exchange now, once its listed, the hype will be high and knowing that the supply is very low, $1 will be easily achieve and even $10 because of the hype in the short term, however, does the team has the capability to list BGL in Binance?
As a holder and trader of these coin, I would like natural and not short-term speculative growth. Of course, a binance-level exchange would increase the liquidity and price for this coin.

.
.......Bitgesell's first yearly halving is coming in less than a month!.......
        ██████████████▄▄▄
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April 09, 2021, 09:41:06 PM
 #347

Dump, dump, dump and other dump... There is no buyer support...
Your initiative to create panic is failed.
LOL. Do you know how to analyze trading charts for the exchange?

The pump of BitGeSell in the past week is the trial of further growth.
Show me who wants to purchase 14,400 daily generated coins.



The price is going to be more volatile due ot lack of liquidity.

We only have $7,184 volume now per CMC and its down 81.99% in the past 24 hours.
I think what we are lacking is an exchange that could help BGL build its trading volume and be more stable.
Hotbit exchange, which recently gives the largest figure for trading (screwed up by bots), has been unavailable for trading for last 9 hours. Therefore, such a drop in daily trading values. This BGL coin needs an exchange level higher than the three that are currently available. Now there is no supply and no demand.

I guess Binance would help them as its the most trusted exchange now, once its listed, the hype will be high and knowing that the supply is very low, $1 will be easily achieve and even $10 because of the hype in the short term, however, does the team has the capability to list BGL in Binance?
As a holder and trader of these coin, I would like natural and not short-term speculative growth. Of course, a binance-level exchange would increase the liquidity and price for this coin.
We like to see this listed in a much bigger exchange, personally I hold this coin so I want it to pump while we are still in a bull run.

Binance could create a lot of hype, so its better to invest for listing if they can allocate some budget for that.

as of this writing, BGL is down 36%... https://coinmarketcap.com/currencies/bitgesell/

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.
.ROLLBIT..
THE SOCIAL & PROVABLY FAIR
CRYPTO CASINO

                TWITTER     |     DISCORD               
●  Instant Deposits & Withdrawals
●  Rakeback & Level Up Bonuses
●  Live Customer Support
..PLAY NOW..
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April 10, 2021, 12:38:09 AM
 #348



We like to see this listed in a much bigger exchange, personally I hold this coin so I want it to pump while we are still in a bull run.

Binance could create a lot of hype, so its better to invest for listing if they can allocate some budget for that.

as of this writing, BGL is down 36%... https://coinmarketcap.com/currencies/bitgesell/

I should have sold a portion when it reach it's current all time high of 30 cents, but I have high hopes and big believe on the project then, this is one of the coin that makes sense, because the theory was applied in the past in some country, we just need a good implementation of the roadmap we need more platform and more exchange, so far roadmap is good and developers are updating us.

.
.......Bitgesell's first yearly halving is coming in less than a month!.......
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April 12, 2021, 06:36:48 AM
Last edit: April 12, 2021, 10:40:07 AM by EmmaWu
 #349

Binance CEO about coin burn:
https://twitter.com/cz_binance/status/1381277694705295362

They are not truly decentralized (21 verification nodes and burn is made manually and by central decision), some opinion about it:
https://bravenewcoin.com/insights/binance-smart-chain

and some discussion:
https://bitcointalk.org/index.php?topic=5318456.0

_______________________________________________________________


Congratulations to the winners of the node incentive program!
https://bglcontest.bitaps.com/nodes
2021-04-12
Total network nodes: 182
bgl1qgh6f2t642cdknlg7ctp9ancw38k5kejfsn6aul
bgl1q23ax63htl26u5jz4cj2pc4nfl7tuspcpuqg2uh
bgl1qfhr6zd70wpzvqczgqh3yzlv55kt2pl4xwh9vvz
bgl1qfehmlqx82zdf8gr085cgnh09ttg9ay6klza60c
bgl1q85ha3m4jhshssx8u3fkg6nsrv632ewreeylsrh
bgl1qwldvflqk3kg7tx55qsytdaffxsu6qqnls35f6w
bgl1qdlwkyqezxa8gk06hvrklzsvlpnwhg75zmtm3p0
bgl1qux3rsswva957nvzpe6mq0rext2y34auhjj70t6
bgl1qcagqen3709gmvw0e6lvdfswu36hrh86acn5vme
bgl1qmhhysju8kpj7s7l3cztcc9tttqk9lyry7l5edc
bgl1qdccky450htelpxdwng20twx9g87hpusrveldyw
bgl1qnnavs02upzhmj4ryxjtau9ytlawfypzxu3dyae
bgl1qns07wz0nr87cshr2cfeazdwapz9r86wq4q4wyz
bgl1qw6ruzrmq75lgxq6a7ry5elxefvxcz26e7y982s
bgl1q6qcrx73r7vjzum8l2ukv7q0lc9cy7qzvcdznz0
bgl1qtc59ghcgc6shw9jg5rlgf6an94pe3qm56ej8au
bgl1qjr8mtyknmhg9qjaqs63dz9guvhhr3aej4wm356
bgl1qly3q33uhqcrhmjj55pk0f3maffnwcqufhj9czw
bgl1q2lfgua0s6e9vwnu5dw4pm8vneyhuecp4esnh47
bgl1q2e8xd33da8ru209gs66wgcls6evmuwfl0y049c
The reward is 340 BGL for everyone.

Congratulations to winner of the transaction contest!
https://bglcontest.bitaps.com
block #54581
2021-04-11 12:54
The address bgl1ql7qj3kyla4fyjcjclklmq8yky06djdccxd02v2 (219772 transactions)
The reward is 1700 BGL


Reward txid is  71218e2d2be0dc7bbef15a83edf6bcbc13506af0ef193221a9fc75ce6014bf71
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April 13, 2021, 02:51:43 AM
 #350

Congratulations to the winners of the node incentive program!

Congratulations to winner of the transaction contest!
Hey EmmaWu.

The rewards for two contests are great. Would you mind sharing more details about them, please. I would like to buy some more BitGeSell and join the future rounds. How often those contests are run (weekly, bi-weekly or monthly)?

.
.......Bitgesell's first yearly halving is coming in less than a month!.......
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April 13, 2021, 05:12:28 PM
 #351

Guys, just wanted to alert the newbies like me, use whatever exchange just not hotbit! Pure shit platfrom and fees are just insane.
Withdraw 1220 BGL and they took 20 coins... wtf...
Besides that, the platform just barely moves. Android app is a joke too...
I wanty to accumulate BGL on a different platform, which one do you experienced guys recommend?

Also, +1 for how to run nodes and participate in the contest Smiley You do that just by having BGL core wallet open?
my luck
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April 13, 2021, 05:50:42 PM
 #352

I wanty to accumulate BGL on a different platform, which one do you experienced guys recommend?
The number of exchanges that allow you to trade BGL coin is limited now. Its Crex24, DigiFinex and Hotbit. All information is here https://coinmarketcap.com/currencies/bitgesell/markets/

Also, +1 for how to run nodes and participate in the contest Smiley You do that just by having BGL core wallet open?
Nodes run using Linux VPS. Already there are 130 participants + on the last day are launched many "1 hour nodes". Small chance to catch good luck.

.
.......Bitgesell's first yearly halving is coming in less than a month!.......
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April 14, 2021, 07:04:00 AM
Merited by OcTradism (1)
 #353

The rewards for two contests are great. Would you mind sharing more details about them, please. I would like to buy some more BitGeSell and join the future rounds. How often those contests are run (weekly, bi-weekly or monthly)?

There are two contests/incentive programs running (and they should be running for a year more at least):

1. Node incentive program:
Every week (1008 blocks) 20 nodes would be randomly picked and awarded $20 each.
For this particular moment it means that every new node would get this bonus, until network grows!
https://bglcontest.bitaps.com/nodes This contest is planned up to next halving in March 2022.
Hourly updated list of nodes: https://bglcontest.bitaps.com/nodes_list
The nodes are picked randomly throughout the whole week range. Nodes are crawled hourly.
The more hours node is online - the better the chance for it to be in winners list.

2. Transaction contest
Every week wallet address will be picked automatically which is included in most transactions.
This address will be awarded $100.
https://bglcontest.bitaps.com/

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April 15, 2021, 02:15:40 AM
 #354

Digifinex put the deposit for BitGeSell on maintenance. Do the team have any information from them about this issue?

HotBit exchange does not have problems with deposit or withdrawal.

BitGeSell is recovering and the increasing volume is good for more rally and maybe other all time highs for this coin.
BitGeSell price and volume
Coinmarketcap does not include the Twitter account for BitGeSell (in Community list). Coingecko has that link and I would prefer to visit coingecko for statistics and updates with new exchanges.

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April 15, 2021, 06:44:18 AM
 #355

I have already written about this that you need to correct the information for crypto aggregators (CMC and coingecko).
Only the developer or any member of the community can do this?

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:


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April 15, 2021, 10:38:57 AM
Last edit: April 15, 2021, 05:01:55 PM by EmmaWu
Merited by my luck (1), Daltonik (1), OcTradism (1)
 #356

Hello dear BGL community!

We have brought good news: Bitgesell (BGL) token is now supported on Ethereum blockchain
as WBGL (Wrapped BGL) ERC20 token and on Binance Smart Chain (BSC) blockchain as WBGL BEP20 token.
The token address is 0x2bA64EFB7A4Ec8983E22A49c81fa216AC33f383A on both of them
(you can add this token in your metamask or any other ERC20 wallet, Uniswap pair, etc.)


To get token though DEX, you can use following links:
- Uniswap: https://info.uniswap.org/pair/0x015b3fe77de322194df3d4cd19e2e6cbd5cb361a
- Pancakeswap: https://exchange.pancakeswap.finance/#/swap (select a token 0x2bA64EFB7A4Ec8983E22A49c81fa216AC33f383A)


For transparency, please note the wallets that are used as custodial purposes:

Custodian wallet for Ethereum blockchain:
bgl1q70vhymm0espyccv6qfxrnc8nqtxuruxlcap06u
Its balance should match total supply of token 0x2bA64EFB7A4Ec8983E22A49c81fa216AC33f383A
(WBGL), which is pegged 1-to-1 to BGL on the custodian wallet.

(you can use Etherscan to check https://etherscan.io/token/0x2bA64EFB7A4Ec8983E22A49c81fa216AC33f383A
 Max. Total Supply value,
 or read contract directly https://etherscan.io/address/0x2bA64EFB7A4Ec8983E22A49c81fa216AC33f383A#readProxyContract
 and check totalSupply method output)


Custodian wallet for Binance Smart Chain (BSC):
bgl1qal6q9fv57t57tgmppkeqwh7xyex7ake2uuzyj3
Its balance should match total supply of token 0x2bA64EFB7A4Ec8983E22A49c81fa216AC33f383A
(WBGL), which is pegged 1-to-1 to BGL on the custodian wallet.

(you can use BSCScan to check https://bscscan.com/token/0x2bA64EFB7A4Ec8983E22A49c81fa216AC33f383A
 Max. Total Supply value,
 or read contract directly https://bscscan.com/address/0x2bA64EFB7A4Ec8983E22A49c81fa216AC33f383A#readProxyContract
 and check totalSupply method output)


We would soon be arranging a bridge to automatically perform conversion between chains.
1 BGL = 1 WBGL ERC20 = 1 WBGL BEP20
If you want to transfer between WBGL and BGL, you can contact me via DM in Discord (with larger amounts). This is temporary measure.

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April 15, 2021, 10:59:30 AM
 #357

Nice update @EmmaWu, that's a great for BGL community.

By the way, how about exchanges, is there any plan on adding BGL in a much more liquid exchanges?


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rahmat86
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April 15, 2021, 01:18:41 PM
 #358

Bitgesell price is still relatively low when viewed from a total supply of 21 billion, will Bitgesell have the opportunity to enter the BSC? almost all new coins now go to the BSC. I hope Dev thinks about this





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noorman0
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April 15, 2021, 03:13:52 PM
 #359

will Bitgesell have the opportunity to enter the BSC?
You only need to scroll your cursor up and then you will find this ann, mate.
Hello dear BGL community!

We have brought good news: Bitgesell (BGL) token is now supported on Ethereum blockchain
as WBGL (Wrapped BGL) ERC20 token and on Binance Smart Chain (BSC) blockchain as WBGL BEP20 token.
The token address is 0x2bA64EFB7A4Ec8983E22A49c81fa216AC33f383A on both of them


Just read on the first page, one of Bitgisell's targets is "B" exchange with a fee of 60BTC. I don't know when it will be realized considering the high fee for only 1 exchange. I think this target can be achieved in a cheap way even for free if team know and can reach a certain trading volume which makes this "B" exchange interested to be included in the free listing via community vote.
I can assume that to build a bigger community and increase exposure BGL won't cost up to 60BTC in order to achieve high trading volume (naturally).


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EmmaWu
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April 16, 2021, 06:13:25 AM
 #360

Nice update @EmmaWu, that's a great for BGL community.

By the way, how about exchanges, is there any plan on adding BGL in a much more liquid exchanges?

I see DEXes as the way that the markets would develop, on PancakeSwap there's some liquidity present already and the fees are very reasonable. What do you suggest as a more liquid exchange?
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