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Author Topic: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue  (Read 27253 times)
Slow death
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May 09, 2021, 01:14:16 PM
 #421

There is no doubt that BGL has potential, it is just being patient and not being influenced by these desperate people.

BGL has potential, what is missing Is having a large community and being listed on many exchanges. for example:

- The BGL telegram channel has only: 599 members



Is a very small number of members, we need to have many members

- BGL's twitter account has only 316 followers, yes I didn't misspell it, it has only 316 followers, Is a very small number.

if we want to support the projects then we have to be on the telegram and twitter channels of the projects, in order to have a large community, without a large community hardly a project has a high price, see Dogecoin, Is a meaningless altcoin, but as it has a large community and endorsement by a billionaire has popularity and is at the top of coinmarketcap


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OcTradism
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May 09, 2021, 05:07:55 PM
 #422

BGL has potential, what is missing Is having a large community and being listed on many exchanges. for example:

if we want to support the projects then we have to be on the telegram and twitter channels of the projects, in order to have a large community, without a large community hardly a project has a high price, see Dogecoin, Is a meaningless altcoin, but as it has a large community and endorsement by a billionaire has popularity and is at the top of coinmarketcap
Exchanges and Twitter communities are important to bring BitGeSell to the world of altcoin enthusiasts.

Hotbit's hack and maintenance problems affect the trading volume of BitGeSell. I think more exchanges will be better and if the team can get acceptance from Gate.io for listing, it will be a big achievement. Many shit altcoins pump on Gate.io.

On Gate.io, many shit coins or tokens that have Dog avatars pump like nothing else on the market for investors to choose.

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May 09, 2021, 10:17:46 PM
 #423

BGL has potential, what is missing Is having a large community and being listed on many exchanges. for example:

if we want to support the projects then we have to be on the telegram and twitter channels of the projects, in order to have a large community, without a large community hardly a project has a high price, see Dogecoin, Is a meaningless altcoin, but as it has a large community and endorsement by a billionaire has popularity and is at the top of coinmarketcap
Exchanges and Twitter communities are important to bring BitGeSell to the world of altcoin enthusiasts.

Hotbit's hack and maintenance problems affect the trading volume of BitGeSell. I think more exchanges will be better and if the team can get acceptance from Gate.io for listing, it will be a big achievement. Many shit altcoins pump on Gate.io.

On Gate.io, many shit coins or tokens that have Dog avatars pump like nothing else on the market for investors to choose.

But they don't need to depend on the possible pump once they listed to another exchange.
Doge got lucky because they got a very influential person promoting their coin.
And now that SpaceX will be accepting doge as payment for the DOGE-1 mission, we may be seeing another price increase.

https://www.cnbc.com/2021/05/09/spacex-accepts-dogecoin-payment-for-doge-1-mission-to-the-moon.html

However, on the other hand, BGL has no backing from someone big, so right now, they are relying on what the dev team can do this project.
What will be their major use case that can be a hit to the market?
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May 10, 2021, 05:15:24 AM
 #424

- The BGL telegram channel has only: 599 members



Is a very small number of members, we need to have many members

- BGL's twitter account has only 316 followers, yes I didn't misspell it, it has only 316 followers, Is a very small number.

Yes, the BITGESELL community looks quite small, so the team needs to run additional marketing campaigns to attract new users and investors. I believe that all these Telegram and Twitter members are real people, not bots.

I just looked at CoinGecko and found that the BGL price has slightly recovered to $0.4 today. Of course, this value is much lower than its ATH occurred on March 31, 2021. After the founder of BITGESELL left the Bitcointalk forum on April 30, 2021, the trading volume dropped to about $5000 per day. Perhaps, EmmaWu is busy with development right now, but I think she should urgently come back and reassure the investors.
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May 10, 2021, 06:53:31 AM
 #425

But they don't need to depend on the possible pump once they listed to another exchange.
Doge got lucky because they got a very influential person promoting their coin.
And now that SpaceX will be accepting doge as payment for the DOGE-1 mission, we may be seeing another price increase.

https://www.cnbc.com/2021/05/09/spacex-accepts-dogecoin-payment-for-doge-1-mission-to-the-moon.html

However, on the other hand, BGL has no backing from someone big, so right now, they are relying on what the dev team can do this project.
What will be their major use case that can be a hit to the market?
Communities are power of capital. Dogecoin has been in the market many years and it has very big adoption, merchants, gambling sites, exchanges, and many nations have communities which love Dogecoin. BitGeSell has a far adventure to get what Dogecoin has.

Influential people will peak what they see potential and shill it. Communities, influential people, capital and price. They interact with each other.

I just looked at CoinGecko and found that the BGL price has slightly recovered to $0.4 today. Of course, this value is much lower than its ATH occurred on March 31, 2021. After the founder of BITGESELL left the Bitcointalk forum on April 30, 2021, the trading volume dropped to about $5000 per day. Perhaps, EmmaWu is busy with development right now, but I think she should urgently come back and reassure the investors.
It is better if BitGeSell grows organically, not pumps and dumps big signal groups or manipulations. Price is about $0.04, not $0.4 so it is your typo. The all time high of BitGeSell is less than $0.3 and it happened more than one month ago.

They run campaign here so they will come back. I agree the exposure can be higher with promotions on other channels together with what they do in the forum.

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.Duelbits.
..........UNLEASH..........
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May 10, 2021, 09:09:26 AM
 #426

Yes, the BITGESELL community looks quite small, so the team needs to run additional marketing campaigns to attract new users and investors. I believe that all these Telegram and Twitter members are real people, not bots.

yes they have real members on their telegram and twitter channel, but that they have more members, for that each member needs to talk to other people about this project. I support the project on my twitter account. I don't have many followers, but I'm support the project on my twitter account, and this is what each person has to do if they want the project to have a large community

I just looked at CoinGecko and found that the BGL price has slightly recovered to $0.4 today. Of course, this value is much lower than its ATH occurred on March 31, 2021. After the founder of BITGESELL left the Bitcointalk forum on April 30, 2021, the trading volume dropped to about $5000 per day. Perhaps, EmmaWu is busy with development right now, but I think she should urgently come back and reassure the investors.

this low volume is something very problematic, and about the founder not being very active here, Is something that shouldn’t happen very often. but if this is happening there must be a reason

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May 10, 2021, 03:16:34 PM
 #427

Congratulations to the winners of the node incentive program!
https://bglcontest.bitaps.com/nodes

2021-05-10
Total network nodes: 241
bgl1qxv49wh3hdewlfdvx42ljhnnc03upt2uts3rx3r
bgl1q0v4y7jchglqana3pkwx7s50k88tms48erf2cy0
bgl1qh2hcnja9jyg47dy9lnwfwlcax9h9vvf7a3uvr7
bgl1q7aa0fmqc0zvnmkt8gajxac0vvcjmu0wyzgn28s
bgl1qvzavxnzdfwmjftaz0qc4seaaeq8ketpktda7xl
bgl1qf66v7a3dsy70jj97x7nfknhcya7mudlmw8gqsp
bgl1qfel5tpfxnv4p8h2tjvc6qak4t45khnsvhxw7at
bgl1qfehmlqx82zdf8gr085cgnh09ttg9ay6klza60c
bgl1qhmmljln8dfgh2esndh4evmddtwq6jcf26tmx4y
bgl1q5a0z6qnfeg0fcp25fgset2rg9hfxw4lpkjrc4p
bgl1qqzzsnmdksqthmvsdzqj9w6wu5cpeejnxcmqks6
bgl1q5cq4wa0zn6x4ycx6jerwvdzr8hc4fewv2df65y
bgl1qczfq6audnx8ts7eyk4859hcn0xsv06f3rzvwch
bgl1qm3jsl4qnpmhlk82hfmt5la600t8a9jajkn6kv5
bgl1qaqvvvpdhkuwqvtqduur7ng9yhukvhha8y99ycq
bgl1qmmn054d647y3j0skmrtqe27uatz8dnx53ncm7v
bgl1qts2m2mj2866e7ep6u237y2ett8jn4l5le03u9g
bgl1qgfrszj9hul9mm55ant8wa46s50use0c45rhg9t
bgl1quky9gmwj6jhdhxqx6uq9xtesntuex9p9nw6z9n
bgl1qlu7rnucaak4sm0vsqq50rsmll6pah8u4kww6v0

2021-05-03
Total network nodes: 279
bgl1q5jgxcla0ssl3zm7yq65u252mxngntxpulf4g2n
bgl1qe4yaqr3qndq5n6n82wc97wc5myx345dmn6wj44
bgl1q2hkg8tmx2qvqlmea4yh04c5gvnqclts7hhcl6c
bgl1qmmn054d647y3j0skmrtqe27uatz8dnx53ncm7v
bgl1q7d3c69rugljkntmevmv4av5fvnwg8c2llr2c5y
bgl1qtc59ghcgc6shw9jg5rlgf6an94pe3qm56ej8au
bgl1qc6u073ll4uxap89sy9l7nl9kg935zza0f2wcgm
bgl1q3gha5e357qjywp5ruuhwfj8mk4yqd0xg322l6f
bgl1qy7pwlcs293tk8j9cljq6j2xmpjcwphykc3cryd
bgl1qeqe6jj04jhy79dckt28p0tzl85u7ykdezlat2z
bgl1q0529nz8vg8fwqmpc32hqzsjca0zn5ju5at58re
bgl1qxhatjsuvf8esely0lzla5d7wvy0rupzs23909g
bgl1qh7hz8k5j0rcspmzx3kc9qgr0uqqs9jp4xyfqds
bgl1qq03mpxt5epavcpzsvcruktxh9gvwc6j4lg77rs
bgl1qtv5s2rfdupxpynpp58d77myyh8hwv2932c95al
bgl1q6z9tdj4pxcksgreld5y9r5y66wprp7vj7a947n
bgl1qm3jsl4qnpmhlk82hfmt5la600t8a9jajkn6kv5
bgl1qnpz57jakh3jfsgc88rzuxn5zurfdwh8nxznx4d
bgl1qr7axmtets2zqmv6xhzvp09nxpmtkajfx7xk0e8
bgl1qx9ysxwduvryyzvesgnzxt5yp5lvh2ymywjl3uv

The reward is 580 BGL for everyone.

Congratulations to winner of the transaction contest!
https://bglcontest.bitaps.com

block #57605
2021-05-03 00:34
bgl1qu6xhylf67t8tedkrtxrd2qlvmlvclf6hw6u2ws (1043579 transactions)


block #58613
2021-05-10 14:39
bgl1qu6xhylf67t8tedkrtxrd2qlvmlvclf6hw6u2ws (89282 transactions)

The rewards is 2900 BGL


TXIDs are
acbc1a71925078ee6dc44c8ebef7d12e04e1158d6d4a7b235a6771afaa9574d9
52f9a41ac56fb90c5427041bbb314ec357a6e971e17beba43c04e82211677fe9
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May 11, 2021, 10:30:35 PM
 #428

The price continues to fall, but this is definitely not the effect of the node incentive program, right? What's the feared is that the price will return to what it was in August 2020 last year, which remained stable like that for almost 6 months, will be so sad to meet it again.
I notice they have done a campaign to expand the community, I hope it does not give them a disappointing result.

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May 12, 2021, 02:16:58 AM
 #429

I have checked the rich list and wanted to know if the first wallet is a wallet to finance the project or is that one person that holds so much? Another question is when you make a transaction 90% of the fees get burned. What are the average transaction cost and can BGL facilitate more transactions than BTC per block? The goal would be to have lots of transactions but why should someone use BGL? There is also not a lot of liquidity on exchanges.
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May 13, 2021, 10:01:38 AM
 #430

Where is the rally come from? BitGeSell rallies up to 50% and HotBit exchange

BitGeSell rallies up to 50% and HotBit exchange has been back for your trading. If you have your BitGeSell coins on Hotbit, your orders were canceled by the exchange. Go ahead, remember to reset your account password and set up your new orders.

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May 13, 2021, 11:47:59 AM
Last edit: May 13, 2021, 12:39:51 PM by Sanitough
 #431

Where is the rally come from? BitGeSell rallies up to 50% and HotBit exchange

BitGeSell rallies up to 50% and HotBit exchange has been back for your trading. If you have your BitGeSell coins on Hotbit, your orders were canceled by the exchange. Go ahead, remember to reset your account password and set up your new orders.

It's surprising that BGL pump when the majority of the altcoins are dumping now/.
I don't know where it's coming but I think it's not a big deal because the trading volume is still low.

I'm happy that Hotbit is already back in operation, but hopefully, BGL will earn a decent volume.
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May 14, 2021, 06:15:11 AM
 #432

https://gitcoin.co/issue/wu-emma/bitgesell/31/100025729
https://gitcoin.co/issue/wu-emma/bitgesell/32/100025731
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May 14, 2021, 10:20:14 AM
 #433

Emma,

I think the BitGeSell team should announce this promotion on Twitter. The award for winners are high enough to catch attention of bounty hunters.

I checked the Twitter account of this project and can not find any tweet about this promotion.

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.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
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May 15, 2021, 05:07:36 AM
 #434

Again, there is no support. Short-term growth is accompanied by market sales.

And I also see information that the developer has stopped visiting the bitcointalk forum.
Why are you so interested in price growth? Prices will not change because you want to, so be patient. The fact that the dev is a few days away does not imply current prices. How many projects have dev active on btctalk every day? Of course the volume, support will come when BGL develops further.

Between this coin only trade mostly on crex24 what do you expect! If you want to see high volume I'm trading then perhaps encourage the team to extend to more exchange if not don't expect to see high volume right now,
The dev shouldn't be active here all the time and concentrate on working on the project rather.
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May 15, 2021, 12:55:33 PM
 #435

Again, there is no support. Short-term growth is accompanied by market sales.

And I also see information that the developer has stopped visiting the bitcointalk forum.
Why are you so interested in price growth? Prices will not change because you want to, so be patient. The fact that the dev is a few days away does not imply current prices. How many projects have dev active on btctalk every day? Of course the volume, support will come when BGL develops further.

Between this coin only trade mostly on crex24 what do you expect! If you want to see high volume I'm trading then perhaps encourage the team to extend to more exchange if not don't expect to see high volume right now,
The dev shouldn't be active here all the time and concentrate on working on the project rather.

The dev is very active here updating us and developing the project, in fact they have an ongoing campaign right now, go check the developer's profile and check her post, her latest post was yesterday, we will soon get there, all we have to do is to support the project buy and HODL.


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May 15, 2021, 02:21:28 PM
 #436

Again, there is no support. Short-term growth is accompanied by market sales.

And I also see information that the developer has stopped visiting the bitcointalk forum.
Why are you so interested in price growth? Prices will not change because you want to, so be patient. The fact that the dev is a few days away does not imply current prices. How many projects have dev active on btctalk every day? Of course the volume, support will come when BGL develops further.

Between this coin only trade mostly on crex24 what do you expect! If you want to see high volume I'm trading then perhaps encourage the team to extend to more exchange if not don't expect to see high volume right now,
The dev shouldn't be active here all the time and concentrate on working on the project rather.

True that. I also dont see much of advantage in holding this. Store of value? They call it store of value only because they have higher emission due to transaction fee burn? Why not pay the fees to block producers to incentivize security and higher % of participation in the consensus? The logic of it is thinner than resistance of a cloud of fart to the sea storm.
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May 15, 2021, 08:07:17 PM
 #437

To support the network, I rent several Linux VPS. There are cases that due to the fault of the hoster, the VPS is rebooted and then my nodes do not work until I check and make a hands start. Is there an option to use the service to make the node start automatically if the VPS was rebooted?

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May 17, 2021, 06:11:12 AM
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 #438

To support the network, I rent several Linux VPS. There are cases that due to the fault of the hoster, the VPS is rebooted and then my nodes do not work until I check and make a hands start. Is there an option to use the service to make the node start automatically if the VPS was rebooted?

You can you the standup script, it's located here https://github.com/BitgesellOfficial/bitgesell/blob/master/tools/standup-scripts/StandUp.sh
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May 17, 2021, 11:48:22 AM
 #439

Hello all, i'm newbie for BitGesell. Can someone help me ?

I need to install my wallet, but it doesn't sync within hours. Please consider it, thanks so much


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May 17, 2021, 03:15:02 PM
 #440

To support the network, I rent several Linux VPS. There are cases that due to the fault of the hoster, the VPS is rebooted and then my nodes do not work until I check and make a hands start. Is there an option to use the service to make the node start automatically if the VPS was rebooted?
You can you the standup script, it's located here https://github.com/BitgesellOfficial/bitgesell/blob/master/tools/standup-scripts/StandUp.sh
Yes, thank you, this is a good solution.

I think this project can expect real success. Now the market capitalization is still very low. But over time, BGL will enter the top 1000, then the top 500, then the top 300. This will attract additional users and followers.
When the level of interested people is much higher, then we will see the corresponding price for the BGL coin.

Can someone help me ?
Did you download the last wallet version using this link? https://github.com/BitgesellOfficial/bitgesell/releases/download/0.1.5/bitgesell_0.1.5_win64-setup.exe

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