[ANN] QIBUCK COIN - X13 - POS/POBH - 1st Proof of Baghold and asset backed.

[Bitcoin_Mafia_Me]

go go go: my rigs are waiting

Rigs are waiting for what?? The multipool?? All coins were mined and sold and is now pos / proof of baghold only if im not mistaken

Correct.

[1714111180]

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[1714111180]

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[1714111180]

1714111180

[YoyodyneSystems]

I got a nice stack.

[Nxtblg]

Aaaaaaaaaaaaand it's gone!

Wow... 500k coins in 5.25 hours. Unreal!

Wowie! I'm sure glad I hopped to it four and a half hours ago.

[Nxtblg]

Jeepers...it's already up 25% and the high bid is 0.00025002. I'm up so fast, I'm a wee bit rattled...

[akula999]

Too good to be true. I'm worried. I don't see anything innovating about this coin? Maybe I'm wrong, but getting acceptance for real world transactions is even tough for BTC.
I'm going to pass, this is probably another one of those pump and dump coins.

[Jerrietg]

wow. is this a chinese coin? or a devteam ?

[Bitcoin_Mafia_Me]

Too good to be true. I'm worried. I don't see anything innovating about this coin? Maybe I'm wrong, but getting acceptance for real world transactions is even tough for BTC.
I'm going to pass, this is probably another one of those pump and dump coins.

The innovation is proof of baghold. Folks keeping a minimum of 100 QBK in their wallet will get monthly
'dividends' paid out to them in Bitcoin. QBK is asset based and those dividends come from the profit
those assets generate each month.

[akula999]

What are those assets?

[rfcdejong]

Jeepers...it's already up 25% and the high bid is 0.00025002. I'm up so fast, I'm a wee bit rattled...

crap, i only bought 1000 and not going to sell.. could had go for a quick profit thru, but won't

[NathanJackson]

Congratulations to the team, that was one hell of a launch!

[AizenSou]

go go go: my rigs are waiting

Rigs are waiting for what?? The multipool?? All coins were mined and sold and is now pos / proof of baghold only if im not mistaken

So PoW since when? Launch date is 10-Aug, so PoW is lesser than 24 hours ??

[MsCollec]

Too good to be true. I'm worried. I don't see anything innovating about this coin? Maybe I'm wrong, but getting acceptance for real world transactions is even tough for BTC.
I'm going to pass, this is probably another one of those pump and dump coins.

The innovation is proof of baghold. Folks keeping a minimum of 100 QBK in their wallet will get monthly
'dividends' paid out to them in Bitcoin. QBK is asset based and those dividends come from the profit
those assets generate each month.

Asset backed?  Which asset and is it verified by accounting and law firm

[Bitcoin_Mafia_Me]

What are those assets?

They are listed in the ANN, but for your convenience I will post them here as well

At the moment our assets are:

a. shares in a SwiftBlitz Bitcoin ATM (value approx 1100 UK sterling)
b. grand founder position in Adsactly (value approx 3000 USD)
c. 1000 shares in HydroInfra (value approx 1000 EURO)

Total value = $6185.84 USD

We will also be purchasing (not buying shares in) a Bitcoin ATM. It has already been ordered and we should have
ETA in a few days. All TX fees from the machine go directly into QBK coffers.

We also have several experienced and successful traders on board who will be trading on behalf of QBK. Those
profits will also be going into the QBK coffers.

We are looking at other ventures as well.

[Bitcoin_Mafia_Me]

go go go: my rigs are waiting

Rigs are waiting for what?? The multipool?? All coins were mined and sold and is now pos / proof of baghold only if im not mistaken

So PoW since when? Launch date is 10-Aug, so PoW is lesser than 24 hours ??

No POW. Only POS / POBH

[qiwoman2]

I will be back in half an hour..

[AizenSou]

go go go: my rigs are waiting

Rigs are waiting for what?? The multipool?? All coins were mined and sold and is now pos / proof of baghold only if im not mistaken

So PoW since when? Launch date is 10-Aug, so PoW is lesser than 24 hours ??

No POW. Only POS / POBH

What is this?

X13
Mining ninja launches
Mining rentals
ARMIN - DESIGN BRAINIAC / Marketing Squad/ Mining MANAGER

All in the OP.

And no dev position ?

[qiwoman2]

go go go: my rigs are waiting

Rigs are waiting for what?? The multipool?? All coins were mined and sold and is now pos / proof of baghold only if im not mistaken

So PoW since when? Launch date is 10-Aug, so PoW is lesser than 24 hours ??

No POW. Only POS / POBH

What is this?

X13
Mining ninja launches
Mining rentals
ARMIN - DESIGN BRAINIAC / Marketing Squad/ Mining MANAGER

All in the OP.

And no dev position ?

This is core staff..
We have a Dev for our needs but DEV is not different Salary.. Also bounties will be dispersed tomorrow as we have had a long day today.

[akula999]

What are those assets?

They are listed in the ANN, but for your convenience I will post them here as well

At the moment our assets are:

a. shares in a SwiftBlitz Bitcoin ATM (value approx 1100 UK sterling)
b. grand founder position in Adsactly (value approx 3000 USD)
c. 1000 shares in HydroInfra (value approx 1000 EURO)

Total value = $6185.84 USD

We will also be purchasing (not buying shares in) a Bitcoin ATM. It has already been ordered and we should have
ETA in a few days. All TX fees from the machine go directly into QBK coffers.

We also have several experienced and successful traders on board who will be trading on behalf of QBK. Those
profits will also be going into the QBK coffers.

We are looking at other ventures as well.

Those are assets? OMG... I'm definitely staying away from this one.

[Bitcoin_Mafia_Me]

Those are assets? OMG... I'm definitely staying away from this one.

That's your perogative, of course.

Look folks, Ellie and I are just two moms who saw a lot that was wrong w/ recent altcoins and
had an idea that wouldn't leave anyone who bought QBK out in the cold. We aren't experienced
coindevs, which is why we brought people much more knowledgeable than ourselves onto the
team.

It will be a learning process, but it will be an honest learning process. If we step wrong, we'll
own it. When we do right, it will benefit everyone who bought QBK.

We wanted Poloniex for the ICO because of how stringent their new rules are and how it forces
transparency and accountability.

Neither Ellie nor myself are going anywhere, nor is anyone else involved in this project. We've all
worked too hard to get to this point to jeopardize it now.

[poornamelessme]

Those are assets? OMG... I'm definitely staying away from this one.

Although not classified as an asset, I believe they also stated they will rent mining rigs, or mine ninja launches ... and the ICO money they took in is obviously an asset too. It's an awful lot of coin that could be spent on new coin features + other assets. They can't list what they buy with that ICO money until they actually get it, of course -- which will be listed in a public ledger and needs to be approved by Poloniex.

I wouldn't expect to get rich from the asset payouts, but I'd look at it sort of like a mining contract. Expect at least something from it, which is more than most coins provide.