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Author Topic: [ANN][BRK] Breakout Coin | Sale June 13 2016 | Multicurrencies | Smart Contracts  (Read 231245 times)
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BreakoutGaming
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October 28, 2014, 02:43:02 AM
 #941



Can we get a rough time scale on software being testable ? (near beta or beta stage)



Hopefully, we will be able to test within a month.  Games will be rolled out on a regular schedule for testing.  We want to make sure our product lineup matches or exceeds anything out there yet in the "fiat" and crypto igaming universe. There has already been significant amount of time and capital invested into development of software and we feel the crypto and BRO community will be proud to claim one of the best igaming sites as their own.  


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████BREAKOUT STAKEWEBSITEMULTICURRENCY SMART CONTRACTS + SIDECHAINS ANN ★  COINSALE July 10 – July 24  ████
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October 28, 2014, 02:44:04 AM
 #942


The 6000 Bro per BTC have 6000 Bergstake, right?


Every BRO acquired during the coin sale will have Bergstake, including bonus coins.


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████BREAKOUT STAKEWEBSITEMULTICURRENCY SMART CONTRACTS + SIDECHAINS ANN ★  COINSALE July 10 – July 24  ████
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October 28, 2014, 02:44:57 AM
 #943

48 hours is too short a period of time, hardly enough to get the BTC to you on time. Why the rush?

The 6000 Bro per BTC have 6000 Bergstake, right?
yes

Quote
For Jay- How does Bergstake behaves when mining, does high number of bergstake have preference over small numbers like in the NEXT case?

each bergstake has the same chance of solving the next block, so yes a larger amount of bergstake will give you a better chance of solving the block.


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October 28, 2014, 02:47:22 AM
 #944

48 hours is too short a period of time, hardly enough to get the BTC to you on time. Why the rush?

The 6000 Bro per BTC have 6000 Bergstake, right?

For Jay- How does Bergstake behaves when mining, does high number of bergstake have preference over small numbers like in the NEXT case?

Thanks!

Proposed changes.

We are only offering 6000 BRO per btc for a 48 hour period to give others a sufficient chance to buy-in at the bonus level.  After that period, we will be offering 3000 BRO per btc until the "coins sale" closes or we reach a sufficient number of btc needed to complete the project.  We will close the sale early once if we reach that number early, we do not want to accept any more btc than necessary to finish and showcase the products.

Do you suggest a longer period than 48 hours?

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████BREAKOUT STAKEWEBSITEMULTICURRENCY SMART CONTRACTS + SIDECHAINS ANN ★  COINSALE July 10 – July 24  ████
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October 28, 2014, 02:54:25 AM
 #945

48 hours is too short a period of time, hardly enough to get the BTC to you on time. Why the rush?

The 6000 Bro per BTC have 6000 Bergstake, right?

For Jay- How does Bergstake behaves when mining, does high number of bergstake have preference over small numbers like in the NEXT case?

Thanks!

We are only offering 6000 BRO per btc for a 48 hour period to give others a sufficient chance to buy-in at the bonus level.  After that period, we will be offering 3000 BRO per btc until the "coins sale" closes or we reach a sufficient number of btc needed to complete the project.  We will close the sale early once if we reach that number early, we do not want to accept any more btc than necessary to finish and showcase the products.

Do you suggest a longer period than 48 hours?

think the reason is to give a bonus to those who invested already...

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October 28, 2014, 02:56:37 AM
 #946

48 hours is too short a period of time, hardly enough to get the BTC to you on time. Why the rush?

The 6000 Bro per BTC have 6000 Bergstake, right?

For Jay- How does Bergstake behaves when mining, does high number of bergstake have preference over small numbers like in the NEXT case?

Thanks!

We are only offering 6000 BRO per btc for a 48 hour period to give others a sufficient chance to buy-in at the bonus level.  After that period, we will be offering 3000 BRO per btc until the "coins sale" closes or we reach a sufficient number of btc needed to complete the project.  We will close the sale early once if we reach that number early, we do not want to accept any more btc than necessary to finish and showcase the products.

Do you suggest a longer period than 48 hours?

Yes, a MUCH longer period than that. At least 7 days (many people is paid at the end of the month).

And after this re-structuring I don't have clear at all what the amount of total coins will be. Lets try to figure it out with one scenario by which the 1000 BTC is reached within the first 7 days. That means 6 million coins and software fully funded. Then what? Lets also assume that the other 4 million coins are also sold. What is left? 2.5 million for developers, etc.? and 7 million for promotions, bounties, etc. Total 19.5 million plus 1 million more for bergstake, 20.5 million by the end of the first year. That's just 10% of the total coins... which will be owned by Breakout Gaming? Am I getting this correctly?
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October 28, 2014, 03:01:11 AM
 #947

48 hours is too short a period of time, hardly enough to get the BTC to you on time. Why the rush?

The 6000 Bro per BTC have 6000 Bergstake, right?
yes

Quote
For Jay- How does Bergstake behaves when mining, does high number of bergstake have preference over small numbers like in the NEXT case?

each bergstake has the same chance of solving the next block, so yes a larger amount of bergstake will give you a better chance of solving the block.



Same as NEXT then. It is a problem because small investors will get minimal benefits from bergstake.
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October 28, 2014, 03:07:10 AM
 #948

48 hours is too short a period of time, hardly enough to get the BTC to you on time. Why the rush?

The 6000 Bro per BTC have 6000 Bergstake, right?
yes

Quote
For Jay- How does Bergstake behaves when mining, does high number of bergstake have preference over small numbers like in the NEXT case?

each bergstake has the same chance of solving the next block, so yes a larger amount of bergstake will give you a better chance of solving the block.



Same as NEXT then. It is a problem because small investors will get minimal benefits from bergstake.
Nxt uses stake, has no block rewards.

a holder of 10 bergstake has 10 times more of a chance of solving the block vs a holder of 1 bergstake.

its linear. its fair.

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October 28, 2014, 03:12:00 AM
 #949

We are only offering 6000 BRO per btc for a 48 hour period to give others a sufficient chance to buy-in at the bonus level.  After that period, we will be offering 3000 BRO per btc until the "coins sale" closes or we reach a sufficient number of btc needed to complete the project.  We will close the sale early once if we reach that number early, we do not want to accept any more btc than necessary to finish and showcase the products.

Do you suggest a longer period than 48 hours?
think the reason is to give a bonus to those who invested already...

The plan doesn't actually do that. They should have added a small bonus for people who have already invested, like 5% or 10% (6600 or 6300 PRO/BTC).

Also, having some coins left over for "Remaining coins will be sold at the public release of beta software", is going to encourage a wait and see investment strategy after the first round of speculators jump on the 100% bonus.

█    █     ██    ███     ███    ████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████     ███     ███    ██     █    █
..EARN FREE BREAKOUT COINS SIG CAMPAIGN LIVE !!
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October 28, 2014, 03:14:40 AM
 #950

Same as NEXT then. It is a problem because small investors will get minimal benefits from bergstake.

Over a long enough time, they will get a benefit proportional to their investment.

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..EARN FREE BREAKOUT COINS SIG CAMPAIGN LIVE !!
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October 28, 2014, 03:19:02 AM
 #951

Same as NEXT then. It is a problem because small investors will get minimal benefits from bergstake.

Over a long enough time, they will get a benefit proportional to their investment.

the other option is to provide an interest rate on all bergstake instead of a block reward system... 

BreakoutGaming
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October 28, 2014, 03:22:00 AM
 #952

We are only offering 6000 BRO per btc for a 48 hour period to give others a sufficient chance to buy-in at the bonus level.  After that period, we will be offering 3000 BRO per btc until the "coins sale" closes or we reach a sufficient number of btc needed to complete the project.  We will close the sale early once if we reach that number early, we do not want to accept any more btc than necessary to finish and showcase the products.

Do you suggest a longer period than 48 hours?
think the reason is to give a bonus to those who invested already...

The plan doesn't actually do that. They should have added a small bonus for people who have already invested, like 5% or 10% (6600 or 6300 PRO/BTC).

Also, having some coins left over for "Remaining coins will be sold at the public release of beta software", is going to encourage a wait and see investment strategy after the first round of speculators jump on the 100% bonus.


Once the "coins sale" continues BRO will sell at 1000 per btc.  We feel that is enough incentive for early particpants @6000 and @3000 BRO per btc.  

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████BREAKOUT STAKEWEBSITEMULTICURRENCY SMART CONTRACTS + SIDECHAINS ANN ★  COINSALE July 10 – July 24  ████
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
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October 28, 2014, 03:23:42 AM
 #953

the other option is to provide an interest rate on all bergstake instead of a block reward system... 

So someone with 100 bergstake has as much of a chance of solving a block as someone with 1 bergstake, but gets 100 times the payout?

Over a long enough time, the two types of stake are equivalent.

█    █     ██    ███     ███    ████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████     ███     ███    ██     █    █
..EARN FREE BREAKOUT COINS SIG CAMPAIGN LIVE !!
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October 28, 2014, 03:24:18 AM
 #954

Once the software is complete the BRO will sell at 1000 per btc.  We feel that is enough incentive for early investors @6000 and @3000 BRO per.  Once the software is done, there will be sufficient positive press and confidence that we feel will encourage a higher price.

Okay. Gotcha. Sounds reasonable.

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..EARN FREE BREAKOUT COINS SIG CAMPAIGN LIVE !!
█    █     ██    ███     ███    ████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████     ███     ███    ██     █    █
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October 28, 2014, 03:26:13 AM
 #955

Same as NEXT then. It is a problem because small investors will get minimal benefits from bergstake.

Over a long enough time, they will get a benefit proportional to their investment.

the other option is to provide an interest rate on all bergstake instead of a block reward system...  

That would be much better IMO. But where does the interest come from?
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October 28, 2014, 03:26:21 AM
 #956

7 million without Bergstake = Giveaways and Promotions.  Although this is a pre-mine, the giveaways are absolutely essential to the increase in the value of BRO.  These will be used to draw "live" money players and will have the effect of helping increasing the demand and liquidity on the market for BRO.

Can you explain how you will give away the coins? How can you prevent double-dipping for example?

█    █     ██    ███     ███    ████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████     ███     ███    ██     █    █
..EARN FREE BREAKOUT COINS SIG CAMPAIGN LIVE !!
█    █     ██    ███     ███    ████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████     ███     ███    ██     █    █
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October 28, 2014, 03:26:25 AM
 #957

48 hours is too short a period of time, hardly enough to get the BTC to you on time. Why the rush?

The 6000 Bro per BTC have 6000 Bergstake, right?
yes

Quote
For Jay- How does Bergstake behaves when mining, does high number of bergstake have preference over small numbers like in the NEXT case?

each bergstake has the same chance of solving the next block, so yes a larger amount of bergstake will give you a better chance of solving the block.



Same as NEXT then. It is a problem because small investors will get minimal benefits from bergstake.
Nxt uses stake, has no block rewards.

a holder of 10 bergstake has 10 times more of a chance of solving the block vs a holder of 1 bergstake.

its linear. its fair.

i think what he is getting at, is the chance of hitting a block is so small that he has almost no shot of earning a reward if he owns only one bergstake.  but yea if he plans on only buying a small amount, then maybe he doesn't care/deserve to win more coins.  is there a possibility of creating custom pools where all the coins can be divvied up, so smaller investors have a better shot of sharing in their percentage of a reward?
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October 28, 2014, 03:31:52 AM
 #958

48 hours is too short a period of time, hardly enough to get the BTC to you on time. Why the rush?

The 6000 Bro per BTC have 6000 Bergstake, right?
yes

Quote
For Jay- How does Bergstake behaves when mining, does high number of bergstake have preference over small numbers like in the NEXT case?

each bergstake has the same chance of solving the next block, so yes a larger amount of bergstake will give you a better chance of solving the block.

Same as NEXT then. It is a problem because small investors will get minimal benefits from bergstake.
Nxt uses stake, has no block rewards.

a holder of 10 bergstake has 10 times more of a chance of solving the block vs a holder of 1 bergstake.

its linear. its fair.

i think what he is getting at, is the chance of hitting a block is so small that he has almost no shot of earning a reward if he owns only one bergstake.  but yea if he plans on only buying a small amount, then maybe he doesn't care/deserve to win more coins.  is there a possibility of creating custom pools where all the coins can be divvied up, so smaller investors have a better shot of sharing in their percentage of a reward?
pools of bergstake? hmmm not sure if/how this would work. will get back 2 u.

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October 28, 2014, 03:34:31 AM
 #959

7 million without Bergstake = Giveaways and Promotions.  Although this is a pre-mine, the giveaways are absolutely essential to the increase in the value of BRO.  These will be used to draw "live" money players and will have the effect of helping increasing the demand and liquidity on the market for BRO.

Can you explain how you will give away the coins? How can you prevent double-dipping for example?


the plan is not to release the actual coins in the bonuses and giveaways, but to give people tokens to qualify to win the coins.  There will be play through requirements on our gaming platform that will actually require the participants to play and win to earn the coins.  The anti-fraud and anti-collusion built into our software will prevent multiple accounts and fraudulent attempts at capturing all the giveaways.

A certain percentage of the players that join in on the freerolls and giveaways will convert into "live" money cash players. We expect using the 6.5 million BRO coins that we will have 750K to 1 million registered users.  T


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████BREAKOUT STAKEWEBSITEMULTICURRENCY SMART CONTRACTS + SIDECHAINS ANN ★  COINSALE July 10 – July 24  ████
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tx42
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October 28, 2014, 03:35:31 AM
 #960

Same as NEXT then. It is a problem because small investors will get minimal benefits from bergstake.

Over a long enough time, they will get a benefit proportional to their investment.

the other option is to provide an interest rate on all bergstake instead of a block reward system...  

That would be much better IMO. But where does the interest come from?

One way to work this idea is to require a minimum share for Bergstake, equivalent to say $25 at ICO prices. That's higher than the minimum ICO investment, but it isn't going to break anyone who has spare money to invest in an ICO.

[edit]

"Interest" would be a constant payout per block times the stake multiplier, is how I understand it.

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