[ANN] BitBean | Innovative PoS | Scalability | No IPO | No premine

[antonio8]

Cryptsy can bring some serious investors into this coin. It was fair launched coin so there is nothing to complain here. Price started from almost 0 so nobody lost anything but gain something so time for dev to score a goal now. This coin is getting support

This coin was ninja instamined and dumped wholesale on a big fish at 3 sat. I don't know what a 'fair launch' would even look like. Not a free lunch that's for sure

Are you saying dev instamined this coin? I dont think so. Pool miners was the first pool and we all started mining there including dev lol are you sure bro? Miners dumped it to 3 satoshi and still took profit i ever see that happens in crypto.. those who hold may get more lots of chance to grow here with bigger exchanges noticing it  

24 hour POW?

Seems like you missed the boat.

It was longer than 24 hours. You just caught it on the last day.

[kcanup]

Cryptsy can bring some serious investors into this coin. It was fair launched coin so there is nothing to complain here. Price started from almost 0 so nobody lost anything but gain something so time for dev to score a goal now. This coin is getting support

This coin was ninja instamined and dumped wholesale on a big fish at 3 sat. I don't know what a 'fair launch' would even look like. Not a free lunch that's for sure

Are you saying dev instamined this coin? I dont think so. Pool miners was the first pool and we all started mining there including dev lol are you sure bro? Miners dumped it to 3 satoshi and still took profit i ever see that happens in crypto.. those who hold may get more lots of chance to grow here with bigger exchanges noticing it  

24 hour POW?

72 hours more likely not 24.  i mined three days continuous myself, last day of its mining difficulty went up like 10 times more and hash rate was 2 petahash 

[BlindMayorBitcorn]

I stand corrected then.

[pineapples]

Can someone explain to me the staking for Bean am a little confused, thinking of buying a few..  ..

You need to wait 6 hours for staking. Staking reward is 1000 beans (every minute).

As far as I know it depends on luck, however during last 6 hours I had about 5 time reward.

is it based on stake weighting and uses age as a modifier ?

Min and Max stake weight is 6 hours so block solving frequency is more dependent on number of coins and less on total stake weight. Also the modifier doesn't determine the percentage return.  the stake return is fixed at 1000 coins.

seems the staking advantage then is to have large inputs.
although looking at the explorer seems a reasonably % of low value inputs are managing to stake   https://chainz.cryptoid.info/bitb/

strange that my inputs of > 25k are not staking ..
edit. lol, perhaps it has to do with my daemon being stopped

[anticlimax]

I stand corrected then.

I don't know where you got your info from or if you're just trying to fud, but you're way off.
Dev waited an hour after he launched without mining a single block, waiting for a pool/miners.
Diff retargeting was better than most sha-256 coins launched in the past few months.

PoW had 10,000 blocks, meanwhile 3000 blocks were mined per day, including the first day.

This coin was far from instamined.

I think you confused bitb with 10k.

Thanks for playing.

[BlindMayorBitcorn]

I stand corrected then.

I don't know where you got your info, but you're way off in left field.
Dev waited an hour after he launched without mining a single block, waiting for a pool/miners.
Diff retargeting was better than most sha-256 coins launched in the past few months.

PoW had 10,000 blocks, meanwhile 3000 blocks were mined per day, including the first day.

This coin was far from instamined.

Thanks for playing.

Thanks for having me.

[kcanup]

lol 47 satoshi in cryptsy 
guys buy at bittrex and sell in cryptsy, feed the hungry investor some beans 

[anticlimax]

I stand corrected then.

I don't know where you got your info, but you're way off in left field.
Dev waited an hour after he launched without mining a single block, waiting for a pool/miners.
Diff retargeting was better than most sha-256 coins launched in the past few months.

PoW had 10,000 blocks, meanwhile 3000 blocks were mined per day, including the first day.

This coin was far from instamined.

Thanks for playing.

Thanks for having me.

Can you feel the love? 

[Trader Galactic LLC]

I'm reading the OP and I'm a bit confused.


A) Is the PoW phase over?

B) How many coins out right now?

C) What is the current inflation [subsidy amount] per month?

D) And finally? What is the max supply cap?

Thank you for the clarification!

Cheers!

[kcanup]

I'm reading the OP and I'm a bit confused.


A) Is the PoW phase over?

B) How many coins out right now?

C) What is the current inflation [subsidy amount] per month?

D) And finally? What is the max supply cap?

Thank you for the clarification!

Cheers!

A) POW lasted three days and it turns to pure POS when we hit block 10000

B) 608 millions total coins in market right now, mining block reward was 100000 coins per block 

C) 1 minute block time is 1440 total blocks in a day with reward of 1000 coins each pos block,  so 60*24*1440=1440000 total coins each day creating as pos reward. (Caution: I failed on mathematics many times)

D) im not sure but guessing reward based on mining pos block so for now there is no max supply, its a bit deep technical thing for me that i dont know what is in code.. Dev will answer you that one 

[kcanup]

Market cap and price stats:

http://coinmarketcap.com/currencies/bitbean/#charts

[anticlimax]

I'm reading the OP and I'm a bit confused.


A) Is the PoW phase over?

B) How many coins out right now?

C) What is the current inflation [subsidy amount] per month?

D) And finally? What is the max supply cap?

Thank you for the clarification!

Cheers!

A) PoW is over.

B) 610M

C) 1.4M coins produced through PoS daily, so roughly 44M per month. 6-7% inflation per month.

D) I do not believe there is a cap.

Hope that helps.

[powersup]

I'm reading the OP and I'm a bit confused.


A) Is the PoW phase over?

B) How many coins out right now?

C) What is the current inflation [subsidy amount] per month?

D) And finally? What is the max supply cap?

Thank you for the clarification!

Cheers!

A) Yes

B) 608,962,000

C) 1000 * 60 * 24 * 365 / 12 = 43,800,000 new coins per month average.

D) 50 billion

[anticlimax]

Well, I guess our math is correct lol.

[kcanup]

Well, I guess our math is correct lol.

ya that wasnt bad lol my calculator was accurate

Heading to bed guys, 5.30 am in the UK lol
BitDreams 

[topcat363]

We are now on Cryptsy

https://www.cryptsy.com/markets/view/BITB_BTC

NOWW the party begins

[xk001]

wallet not updating~. im dumping

wallet not updating~. im dumping

explain

well i just installed wallet. waiting for hours to get sync with net. does not. tested firewall off, antiv. everything.
main wallet not working. not to spread FUD, but i cant even POS or receive my 100k BITB investment.

bitb directs to an online wallet  "You can also use a web wallet on https://www.coinwallet.co"
wich my antivirus refused to go to. warning me of virus.

what is bitb for? i read about it, but im getting worried i jst lost 100k bitbs

[xk001]

wallet not updating~. im dumping

wallet not updating~. im dumping

explain

well i just installed wallet. waiting for hours to get sync with net. does not. tete firewall off, antiv. everything.
main wallet not working. not to spread FUD, but i cant even POS or receive my 100k BITB investmen

Well did you make a BitBean.conf and put it in your appdata/roaming/BitBean folder?

u fixed it. thanks. sorry for my fail. why doenst come with deafult conf?
im updating blockchain all is working.

why you guys invested in this coin? i just joined due to  hype

[sly5am]

coin is testing something useful. it stakes very nicely. 

[TimSweat]

https://cryptnz.com/trade/BITB/BTC

BitBean Market Now Open

Contact

Twitter: @CryptNZ
IRC: #CryptNZ @ freenode
Website: https://cryptnz.com
E-Mail: support@cryptnz.com

HELLZ YEA ! ! ! ! Another xchange .

And not to mention my coins added almost instant before 6 confirms to go , I love that as opposed to waiting to see them hit my account . PROPS on that as well .