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Author Topic: [♔] British Digital Currency | 5% annual PoS - Bittrex - Fiat to BritCoin [BRIT]  (Read 124139 times)
Soul_eater_123
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August 02, 2014, 06:07:47 PM
 #1201

BuyBritCoins.com - OUR FIAT TO BRITCOIN EXCHANGE PLATFORM IS NOW ONLINE!

UK users can now buy BritCoins in minutes using instant bank transfer. Smiley

This is awesome, now how can one go about selling BRIT for pounds for a traveler without a UK banking account?

I think this will take a bit longer to sort out but Will is working on it.

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will7am
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August 02, 2014, 06:11:17 PM
 #1202

BuyBritCoins.com - OUR FIAT TO BRITCOIN EXCHANGE PLATFORM IS NOW ONLINE!

UK users can now buy BritCoins in minutes using instant bank transfer. Smiley

This is awesome, now how can one go about selling BRIT for pounds for a traveler without a UK banking account?

I think this will take a bit longer to sort out but Will is working on it.

I will be looking to implement a seller account feature in the near future, once the current system has been put through its paces and tweaked. Smiley

Can't really put a timeframe on when this will happen, possibly next month though. Smiley

Rage19420
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August 02, 2014, 06:12:29 PM
 #1203

BuyBritCoins.com - OUR FIAT TO BRITCOIN EXCHANGE PLATFORM IS NOW ONLINE!

UK users can now buy BritCoins in minutes using instant bank transfer. Smiley

This is awesome, now how can one go about selling BRIT for pounds for a traveler without a UK banking account?

I think this will take a bit longer to sort out but Will is working on it.

I will be looking to implement a seller account feature in the near future, once the current system has been put through its paces and tweaked. Smiley

Can't really put a timeframe on when this will happen, possibly next month though. Smiley

Cool. Made the mistake of telling the wife I have 180k BRIT. Wants to spend it all on her layovers.  Cry
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August 02, 2014, 06:14:45 PM
 #1204

BuyBritCoins.com - OUR FIAT TO BRITCOIN EXCHANGE PLATFORM IS NOW ONLINE!

UK users can now buy BritCoins in minutes using instant bank transfer. Smiley

This is awesome, now how can one go about selling BRIT for pounds for a traveler without a UK banking account?

I think this will take a bit longer to sort out but Will is working on it.

I will be looking to implement a seller account feature in the near future, once the current system has been put through its paces and tweaked. Smiley

Can't really put a timeframe on when this will happen, possibly next month though. Smiley

Cool. Made the mistake of telling the wife I have 180k BRIT. Wants to spend it all on her layovers.  Cry

Remember that guy who spent thousands of BTC to pay for a pizza a few years ago?  Don't be that guy. lol Smiley

Rage19420
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August 02, 2014, 06:18:50 PM
 #1205

BuyBritCoins.com - OUR FIAT TO BRITCOIN EXCHANGE PLATFORM IS NOW ONLINE!

UK users can now buy BritCoins in minutes using instant bank transfer. Smiley

This is awesome, now how can one go about selling BRIT for pounds for a traveler without a UK banking account?

I think this will take a bit longer to sort out but Will is working on it.

I will be looking to implement a seller account feature in the near future, once the current system has been put through its paces and tweaked. Smiley

Can't really put a timeframe on when this will happen, possibly next month though. Smiley

Cool. Made the mistake of telling the wife I have 180k BRIT. Wants to spend it all on her layovers.  Cry

Remember that guy who spent thousands of BTC to pay for a pizza a few years ago?  Don't be that guy. lol Smiley

You mean this guy?
https://bitcointalk.org/?topic=137.0

Yea, thats crazy. I would shoot myself.
Soul_eater_123
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August 02, 2014, 06:49:42 PM
 #1206


Quote

You mean this guy?
https://bitcointalk.org/?topic=137.0

Yea, thats crazy. I would shoot myself.

If it wasn't for stunts like that Bitcoin may never have taken off at the time it did.  We should totally do something similar for Britcoin to get more publicity.

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
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https://steemit.com/@thecryptofiend
will7am
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August 02, 2014, 07:31:12 PM
 #1207


Quote

You mean this guy?
https://bitcointalk.org/?topic=137.0

Yea, thats crazy. I would shoot myself.

If it wasn't for stunts like that Bitcoin may never have taken off at the time it did.  We should totally do something similar for Britcoin to get more publicity.

I'm at a friend's house in Sheffield - planning to go for a pint. If someone knows a landlord willing to take Britcoin, I'll throw tens of thousands at him for beer and be the Britcoin Beer Guy?

Haha!  "The 1 million pound pint"..  Cheesy

will7am
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August 02, 2014, 08:49:56 PM
 #1208

Updated the thread title and the OP.

Reminder that you can now buy BritCoin via instant bank transfer in the UK with:

https://buybritcoins.com/

dennemann
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August 02, 2014, 09:48:56 PM
 #1209

Here is a preview of the new wallet version that should be released soon. Hope everyone likes it.  Cool


Designer and developer at the Britcoin project. https://twitter.com/dennemann87
Donate Britcoins: BKvch6CHCtvAvxXwSRk5nHuBCysUehfQ9P
will7am
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August 02, 2014, 09:56:22 PM
 #1210

New wallet is looking sexy!  Cool  Can't wait until it's ready!

Soul_eater_123
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August 02, 2014, 10:13:42 PM
 #1211

New wallet is looking sexy!  Cool  Can't wait until it's ready!

Fantastic.  You might get the mac wallet signed by @jyap.

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | NEW ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM

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https://steemit.com/@thecryptofiend
california_jim
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August 03, 2014, 08:54:03 AM
 #1212

Just used BuyBritCoins.com, the buying was simple and the transaction was fast - well done Will7am and everyone else involved. I really must get my miners mining some BRIT.
gysca
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August 03, 2014, 09:11:18 AM
 #1213

Here is a preview of the new wallet version that should be released soon. Hope everyone likes it.  Cool



Awesome  Grin

this wallet will make my BRIT balance look great, and hope really valueable in the future  Grin

hugabase
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August 03, 2014, 10:00:27 AM
 #1214

Here is a preview of the new wallet version that should be released soon. Hope everyone likes it.  Cool


Awesome...GOODD wallet, someday britcoin will make story..how's owner this Britcoin wallet with balance 204.433 Brit? (I imagine, one day the price of britcoin expensive Grin ), this owner Brit Wallet would be the RICHman on earth....  Grin, and i'm so glad to be a part of this story Grin
dennemann
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August 03, 2014, 11:07:28 AM
 #1215

Here is a preview of the new wallet version that should be released soon. Hope everyone likes it.  Cool


Awesome...GOODD wallet, someday britcoin will make story..how's owner this Britcoin wallet with balance 204.433 Brit? (I imagine, one day the price of britcoin expensive Grin ), this owner Brit Wallet would be the RICHman on earth....  Grin, and i'm so glad to be a part of this story Grin

Thank you. Some mined, some earned and the rest bought on exchange  Cool

Designer and developer at the Britcoin project. https://twitter.com/dennemann87
Donate Britcoins: BKvch6CHCtvAvxXwSRk5nHuBCysUehfQ9P
dennemann
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August 03, 2014, 11:18:30 AM
 #1216

Just used BuyBritCoins.com, the buying was simple and the transaction was fast - well done Will7am and everyone else involved. I really must get my miners mining some BRIT.

Great! You can't directly mine britcoin anymore, it is 100% proof of stake now.

Designer and developer at the Britcoin project. https://twitter.com/dennemann87
Donate Britcoins: BKvch6CHCtvAvxXwSRk5nHuBCysUehfQ9P
california_jim
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August 03, 2014, 12:38:44 PM
 #1217

Great! You can't directly mine britcoin anymore, it is 100% proof of stake now.
Shows how much I know about coin mining Cheesy

I've tried to get my head around PoW, PoS and other coin mining terms by reading wikis and threads but I'm still not much wiser. So now that BRIT is PoS how do you obtain them? can they now only be bought? are they all mined and no more can be created? Noob questions for sure, I've been trying to set up my 5x Nvidia 750Ti rig on CoinKing multipool but have so far failed. Looking for enlightenment.

Grasshopper.

(Who's old enough to get the reference Wink)
Soul_eater_123
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August 03, 2014, 01:30:18 PM
 #1218

Great! You can't directly mine britcoin anymore, it is 100% proof of stake now.
Shows how much I know about coin mining Cheesy

I've tried to get my head around PoW, PoS and other coin mining terms by reading wikis and threads but I'm still not much wiser. So now that BRIT is PoS how do you obtain them? can they now only be bought? are they all mined and no more can be created? Noob questions for sure, I've been trying to set up my 5x Nvidia 750Ti rig on CoinKing multipool but have so far failed. Looking for enlightenment.

Grasshopper.

(Who's old enough to get the reference Wink)

You can mine them indirectly at Coinking.io where they let you mine the most profitable coins and pay out in BRIT, otherwise you have to buy them - Bittrex is really the only place where you can get a decent quantity, but C-Cex (currently) and Allcoin also have (very small) markets.

Join the Elastic revolution!  Elastic - The Decentralized Supercomputer
ELASTIC WEBSITE | NEW ANNOUNCEMENT THREAD | ELASTIC SLACK | ELASTIC FORUM

Check out my posts on Steemit.com if you like medical posts with occasional photography, art and the odd bit of crypto commentary:

https://steemit.com/@thecryptofiend
dennemann
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August 03, 2014, 02:31:42 PM
 #1219

Great! You can't directly mine britcoin anymore, it is 100% proof of stake now.
Shows how much I know about coin mining Cheesy

I've tried to get my head around PoW, PoS and other coin mining terms by reading wikis and threads but I'm still not much wiser. So now that BRIT is PoS how do you obtain them? can they now only be bought? are they all mined and no more can be created? Noob questions for sure, I've been trying to set up my 5x Nvidia 750Ti rig on CoinKing multipool but have so far failed. Looking for enlightenment.

Grasshopper.

(Who's old enough to get the reference Wink)

Currently there is about 10 million coins created during the proof of work mining stage, the rest will be mined through proof of stake, which means annual interest on the coins that are in your wallet. Sort of like a bank account. Your wallet need to be open on your computer. You can still mine other coins on coinking and get them autoconverted into BRIT. See the guide here http://britcoin.io/CoinKing_mining_guide.pdf

Designer and developer at the Britcoin project. https://twitter.com/dennemann87
Donate Britcoins: BKvch6CHCtvAvxXwSRk5nHuBCysUehfQ9P
will7am
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August 03, 2014, 02:38:56 PM
 #1220

Great! You can't directly mine britcoin anymore, it is 100% proof of stake now.
Shows how much I know about coin mining Cheesy

I've tried to get my head around PoW, PoS and other coin mining terms by reading wikis and threads but I'm still not much wiser. So now that BRIT is PoS how do you obtain them? can they now only be bought? are they all mined and no more can be created? Noob questions for sure, I've been trying to set up my 5x Nvidia 750Ti rig on CoinKing multipool but have so far failed. Looking for enlightenment.

Grasshopper.

(Who's old enough to get the reference Wink)

To put simply, PoS means that the BritCoin wallet acts as a miner.  You'll get 5% annual interest on all coins stored in your wallet as long as your wallet is running and unlocked.  We believe this is a much fairer way of distributing newly minted coins, due to the fact that mining Bitcoin has been turned in to a mining hardware arms race which has made it near impossible for casual miners to mine the coin.

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