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Author Topic: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue  (Read 11127 times)
OcTradism
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May 20, 2021, 04:16:20 AM
 #461

BGL in Diamond hands! Cool
Diamond hands, please shill it to Elon.  Grin

That guy has big interest with hidden germ.

Quote
Only 21M coins, one tier 1 exchange can move the market to ATH!
MXC exchange can be a good start as preparation for Tier 1 exchange. I witnessed many small cap hidden germs listed in MXC and then went directly to Tier 1 exchanges.

I saw the community manager, Emma contacted Whattomine and it is a good initiative. Miners will join more and make the network stronger, healthier. Things will come naturally.

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May 20, 2021, 08:39:07 PM
Merited by my luck (1)
 #462




The art of consecrating himself as king...


https://steemit.com/bitgesell/@eddyc/bitgesell-the-art-of-consecrating-himself-as-king


Good reading friends,
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May 20, 2021, 08:51:40 PM
 #463

[...]
Can someone fill me in on the details of the hype? Since recently quite a lot of people have become interested in this little-known coin, (apparently I'm missing something).

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May 20, 2021, 10:14:52 PM
 #464

[...]
Can someone fill me in on the details of the hype? Since recently quite a lot of people have become interested in this little-known coin, (apparently I'm missing something).
I guess it's more on the supply of this coin, it's only 11,007,978.84 BGL circulating supply and the price is currently at 0.04 USD.. if Elon could pump DOge with billions of supply, then at least BGL could get $1 at a very minimum anytime, and more so once it's listed in bigger exchanges.




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May 21, 2021, 10:31:03 AM
 #465

I guess it's more on the supply of this coin, it's only 11,007,978.84 BGL circulating supply and the price is currently at 0.04 USD.. if Elon could pump DOge with billions of supply, then at least BGL could get $1 at a very minimum anytime, and more so once it's listed in bigger exchanges.
I'm pretty sure that making such conclusions based on a comparison of the total/circulating supply and the current price is a crappy decision, (especially considering that the cmc displays thousands of the same shitty coins with the same parameters). Therefore, my first question remains valid ... and by the way, since when is HotBit a top exchange?

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May 22, 2021, 09:36:55 PM
 #466

The market is empty. You can buy about only 60k BGL coins and you will have to pay $1 per coin. Therefore, most of the day's trading is occupied by bots trading. This is DigiFinex data...


Only 21M coins, one tier 1 exchange can move the market to ATH!

BGL in Diamond hands! Cool

the biggest obstacle is in listing BGL on many other exchanges, I don't know what is the current criterion that big exchanges like kucoin, Binance, Huobi Global, Okekx, Bittrex and poloniex. But there are many other alternatives like:

Liquid

ZB.COM

BigONE

ProBit Exchange

BitForex

HitBTC


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May 22, 2021, 11:43:23 PM
 #467

the biggest obstacle is in listing BGL on many other exchanges, I don't know what is the current criterion that big exchanges like kucoin, Binance, Huobi Global, Okekx, Bittrex and poloniex. But there are many other alternatives like:

Liquid

ZB.COM

BigONE

ProBit Exchange

BitForex

HitBTC
Do you know the common listing fee on exchanges nowadays?

Tier 1 and lower Tier exchanges. I hope that exchanges don't charge too expensive listing cost.

If possible, the community can consider to contribute to the listing pool for this project. One person can not help but if the community do together, the listing pool will have good fund.

Generally, contributions will bring win win situations for all participants in the pool.

The team can run a contest with it too. Contributors will have records for their donation amount. If the listing process goes well and the price after listing is a big successful, top contributors will be rewarded with some awards.

50 BGL now can have same value of 10 BGL after a big successful listing. I think it is fair enough if 50 BGL contributor will be rewarded back with 5 BGL award.  Grin

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May 23, 2021, 05:52:39 AM
 #468


Do you know the common listing fee on exchanges nowadays?

Tier 1 and lower Tier exchanges. I hope that exchanges don't charge too expensive listing cost.

If possible, the community can consider to contribute to the listing pool for this project. One person can not help but if the community do together, the listing pool will have good fund.

Generally, contributions will bring win win situations for all participants in the pool.

The team can run a contest with it too. Contributors will have records for their donation amount. If the listing process goes well and the price after listing is a big successful, top contributors will be rewarded with some awards.

50 BGL now can have same value of 10 BGL after a big successful listing. I think it is fair enough if 50 BGL contributor will be rewarded back with 5 BGL award.  Grin

From what I know in Binance, they don't charge listing fee but some sort of donation fee as they send those funds to charity. So it depends on the project itself, how strong this is in the market. Like for example, SHIB, Binance listed it because of the demand from the market, and they know they need to list it to get the share from the market. And we all know, there's nothing in its foundation. But for other exchanges, would be hard if you have no funds as they have ridiculous fees that the team can use it for their development instead.

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May 23, 2021, 08:02:15 AM
 #469


I guess it's more on the supply of this coin, it's only 11,007,978.84 BGL circulating supply and the price is currently at 0.04 USD.. if Elon could pump DOge with billions of supply, then at least BGL could get $1 at a very minimum anytime, and more so once it's listed in bigger exchanges.

I totally agree this is one of the coin that has a potential right now, and it's only a matter right now before we are in a good situation, they just continue marketing this coin, they are on the top media and they have the support of some of the ranking members of the community, I believe Bitgesell will be push to the top by one big news, developers and community are working hard to get to the top

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May 23, 2021, 08:13:20 AM
 #470

Now the hashrate of the network is more than 70 TH/sec. Tell me, how many devices are currently mining BGL? I think this may be an approximate value. And which device is now the most profitable for mining the Keccak algorithm?

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May 23, 2021, 01:26:46 PM
 #471

From what I know in Binance, they don't charge listing fee but some sort of donation fee as they send those funds to charity. So it depends on the project itself, how strong this is in the market. Like for example, SHIB, Binance listed it because of the demand from the market, and they know they need to list it to get the share from the market. And we all know, there's nothing in its foundation.
I know Binance give free listing but they break their reputation with SUSHI and the tweet from Changpeng Zao months ago in 2020. Recently they listed SHIBA and said it is because demand from the community.

They list coin or token because they see potential to get money from exchange fee.

Quote
But for other exchanges, would be hard if you have no funds as they have ridiculous fees that the team can use it for their development instead.
I raised my opinion in previous post that the Bitgesell team can consider about community donation for listing. It is not weird idea in crypto.

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May 24, 2021, 02:44:19 PM
 #472

Good news! Guys wrote me that BGL wallet for Android is ready, please check it out!
Please provide feedback and ideas too!
Good sound! Smiley
I installed and tried to make transactions. I managed to get the BGL coins, but I couldn't send them back. This error:

Code:
Outputs are spending more than inputs

My balance is 7 coins, the commission fee is system set by the 0.001 BGL. I can't even send 6 BGL coins back.
Also need to activate the login using a password. My bank does not allow me to use my funds without entering a PIN code. Something like this.

https://i.imgur.com/7fCSmkR.png



Hi! We've already added a new functionality of PIN! Would you update APP from play market. Also If you need something else, let me know!
my luck
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May 24, 2021, 05:28:45 PM
 #473

Hi! We've already added a new functionality of PIN! Would you update APP from play market. Also If you need something else, let me know!
I activated the PIN, overloaded the app, and tried many times to enter the wrong PIN. The system allowed me to do this an unlimited number of times. Maybe make a timeout after a certain number of failed attempts? Or completely block the application in order to prevent hackers from using the funds in case of theft? Otherwise, you can search for the correct PIN in a certain amount of time.

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May 24, 2021, 08:21:15 PM
Merited by Murat (2), my luck (1), EmmaWu (1)
 #474

Hi BGL community!

We have prepared a new new BGL core distribution, version 0.1.6 for major operating systems.
This one is important: we have synced to the BTC code for up to April 2021 (most credits go
to our fellow dev Emeka, he did huge amount of work).
As BGL is a fully decentralized system: a check is built-in if it would be possible to enable Taproot 6-months before BTC,
The parameters for switch are set as following:

- If 80% of last 2016 blocks upgrade to this taproot-supporting version bit by using latest distribution before 15 June 2021,
  then taproot would be enabled approximately on 1 July 2021 (block 66000).


This event is interesting in several regards, in particular, we can treat it as some forward-production testing for bitcoin to see how it work out (on a lesser scale) but in real (BGL) mainnet.

Some related reading regarding what is taproot:
- https://bitcoinmagazine.com/technical/taproot-coming-what-it-and-how-it-will-benefit-bitcoin
- https://bitcoinops.org/en/topics/taproot/
In short, Taproot and Schnorr signatures provide:
1. Better privacy for transactions, as various scripts, multi-signatures, etc. under most circumstances look like a regular tx on the blockchain;
2. Size reduction for some scripted transactions, like multi-signatures and others;
3. Creating a transactions requiring up to virtually unlimited number of signers.

--------------------------------------------------------------------------------
Please do upgrade your node (esp. if you're running pool) to the latest version
version 0.1.6 (available in GitHub releases)


Linux (BGL node): https://github.com/BitgesellOfficial/bitgesell/releases/download/0.1.6/bitgesell_0.1.6_amd64.deb

Linux (with Qt wallet): https://github.com/BitgesellOfficial/bitgesell/releases/download/0.1.6/bitgesell-qt_0.1.6_amd64.deb
MacOS: https://github.com/BitgesellOfficial/bitgesell/releases/download/0.1.6/BGL-Qt_0.1.6.dmg
Windows (64-bit installer): https://github.com/BitgesellOfficial/bitgesell/releases/tag/0.1.6 (download .exe)
--------------------------------------------------------------------------------

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May 24, 2021, 09:45:45 PM
 #475

I downloaded and installed the new version. Why does the client now work like this? I have an additional open cmd window. If I close it, my client closes as well. My OS Windows 10 Pro ver. 20H2.


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May 25, 2021, 05:38:46 AM
 #476

I downloaded and installed the new version. Why does the client now work like this? I have an additional open cmd window.

Indeed, that was due to subsystem:Console in linker options, fixed, please install updated version (I have re-uploaded installer .exe file). Thanks for notifying!
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May 25, 2021, 07:03:46 AM
 #477

Dear community members, you are welcome to join BGL GitHub Bounty campaign!
the rules are here:
https://gitcoin.co/issue/BitgesellOfficial/bitgesell/14/100025757
See you in PRs!  Smiley
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May 25, 2021, 12:44:48 PM
Last edit: May 25, 2021, 01:11:04 PM by my luck
 #478

I downloaded and installed the new version. Why does the client now work like this? I have an additional open cmd window.

Indeed, that was due to subsystem:Console in linker options, fixed, please install updated version (I have re-uploaded installer .exe file). Thanks for notifying!
Unfortunately, I was unable to launch the Windows wallet. At first the system couldn't find the file vcruntime140D.dll. I installed the update for Visual Studio 2015, 2017 and 2019 (vc_redist.x86.exe and vc_redist.x64.exe), after restarting my PC. Now after running the app I get the following error:



So I went back for the Bitgesell Release version 0.1.5

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coin-investor
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Bitgesell (BGL) Decentralized Cryptocurrency!


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May 28, 2021, 08:11:16 AM
 #479

Dear community members, you are welcome to join BGL GitHub Bounty campaign!
the rules are here:
https://gitcoin.co/issue/BitgesellOfficial/bitgesell/14/100025757
See you in PRs!  Smiley

The developer is very active in developing and marketing BitGesell this is one of the things I like about this project, I'm still holding my BGL hoping something is going to happen before the end of this year, I recommend that developers launch an AMA or contact a marketplace and do a collaboration or strike a deal.

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.......Bitgesell's first yearly halving is coming in less than a month!.......
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OcTradism
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May 29, 2021, 04:46:33 AM
 #480

The developer is very active in developing and marketing BitGesell this is one of the things I like about this project, I'm still holding my BGL hoping something is going to happen before the end of this year, I recommend that developers launch an AMA or contact a marketplace and do a collaboration or strike a deal.
Bitgesell is a mineable coin and the initiative from @EmmaWu can help this project. If it get accepted by Whattomine, and is listed on the renowned website for crypto miners, this project will catch more attention from miners.

Consequently, the total hashrate on Bitgesell network will increase, then makes it healthier. Mineable coins need miners and a big mining community will be a beginning of something good.

As of posting time, the coin has a good recovery at $0.032

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