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Author Topic: Bullion (CBX) 'the Digital Precious Metal' | 2018 Roadmap published  (Read 331008 times)
elambert
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October 08, 2017, 12:15:18 AM
 #4281


If I understand correctly, there will be 2 percentage participation at the same time.

For exemple :

If the participation is 25% for the classic POSP. the staker wins 4%.
And at the same time
If the participation is 33% for the BPN POSP. the staker wins 9%.

Tell me if I'm right.


Not quite.

Yes on 2 percentages but your calculation is incorrect.

In your example:
PoSP stakers would be looking at roughly 3%
BPN runners would be looking at roughly 18%





Quote
In this example all MNs earn 18% and PoSP earns 3%. MN can earn between 9-18%. 

MN can actually earn between 6% and 750% The 9-18% for MN earnings is an educated estimate. The lowest an MN can earn is actually 6% (this is if all 125 MN are full and operational). The highest would be 750% in the case of only 1 MN operating.

Quote
So what has to happen to the numbers for 18% to drop to 9%? Could you show another example? I'm unsure of which variables will change.

If 66% of all MN positions are full, then the owners will experience 9% earnings.

Remember that the coins tied up in MNs are not eligible for PoSP. And coins sitting on exchanges, lost or on locked wallets are not eligible for either.

Presently we have 30% network participation in PoSP. In the scenario of 100% participation, we would experience PoSP earnings equal to inflation at 2%. This has never, will never and frankly can never occur.

Even if the current 30% participation level were to grow significantly, the participants would be split between MN (BPN) and PoSP. MN takes more work to set up, requires more responsibility and has more overhead cost associated with it justifying substantially higher earning potential relative to PoSP. If the earnings from BPN are not high enough, the network will experience migration away from BPN toward PoSP. As BPN participation decreases, BPN profits will increase and PoSP profits will decrease causing a balance point to be reached. We do not know where that point is but project it in the ranges outlined in the whitepaper excerpt provided in previous post.

I outline this in the whitepaper excerpt and elaborated on it. Perhaps this explanation will need some more work if the idea is not being conveyed. I desire to make this clear and convey it succinctly in the whitepaper final draft so this conversation will be very beneficial in determining how to relay this information to the community...


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elambert
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October 08, 2017, 12:18:25 AM
 #4282

I do not understand why the annual interest (1% and 3%) is calculated on 500 000 and 500 000





and the participation rate over 750,000 and 250,000








This is to better enhance the earning potential for BPN (masternode) operators.

kjadB
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October 08, 2017, 07:07:55 AM
 #4283

Has 2000 CBX been locked in as the BPN coin amount yet?
Cbx.Bet
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October 08, 2017, 11:29:46 AM
 #4284


This is to better enhance the earning potential for BPN (masternode) operators.


Thank you I understand better now

cryptobullion.io
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October 08, 2017, 05:22:45 PM
 #4285

Has 2000 CBX been locked in as the BPN coin amount yet?

Yes, I have locked the poll, so 2000 CBX will be the minimum amount required to form a BPN
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October 09, 2017, 12:35:47 PM
 #4286

will a wallet update be released for this bpn/masternode thing??

this is my only coin out of 17 that i keep on an exchange due to continued bootstrap/rescan issues on the  2.4.3 release

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elambert
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October 09, 2017, 12:43:23 PM
 #4287

will a wallet update be released for this bpn/masternode thing??

this is my only coin out of 17 that i keep on an exchange due to continued bootstrap/rescan issues on the  2.4.3 release

Yes, there will be a new Vault (wallet) with fork.

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October 12, 2017, 07:22:00 AM
 #4288

Hey Bullionaires, Join The Creative CBX Contest for Positive Momentum!

$500 reward for finding uses for CBX, in new sites and applications, paid by the CBX team.

Rules:

    Any site or app using CBX for the first time is eligible to win
    Post your site or app on the CBX forum. https://bitcointalk.org/index.php?topic=951753
    The community will vote on a winner on Sept 1, 2017
    Site or App must be available to the public and be working/running by Sept 1, 2017
    $500 paid in BTC at the end

Examples of entries:

    Existing sites that accept CBX for the first time
    New CBX apps
    New sites that use CBX
    CBX YouTube videos or ads that can be shared

Feel free to post works in progress, status updates on your project, etc. on the CBX forum. The more you post on the CBX forum the more the community can get behind you and help make your project a success. Prize awarded in BTC so that the winner can buy more CBX!

**Bonus contest - every tweet or post using #500USDforCBX is an entry to win $100 worth of CBX. Winner chosen at random so the more you tweet, retweet, or post, the higher chances you have of winning.


3 more days until we take the entries we have and submit to the jury (dev team and event sponsor)

has everybody submitted their up and running CBX project for the Creative CBX Contest?
webbski9
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October 12, 2017, 10:17:34 AM
 #4289

will a wallet update be released for this bpn/masternode thing??

this is my only coin out of 17 that i keep on an exchange due to continued bootstrap/rescan issues on the  2.4.3 release

Yes, there will be a new Vault (wallet) with fork.

Hi there.I am new to this coin.I have downloaded the wallet on my MacBookAir and will transfer my holding there.Is this what is known as The Vault ? And should I await the "new" wallet you refer to ? Also,with 500 coins what can I expect my rewards to be with Staking ?
Best Regards
David
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October 12, 2017, 10:30:53 AM
 #4290

will a wallet update be released for this bpn/masternode thing??

this is my only coin out of 17 that i keep on an exchange due to continued bootstrap/rescan issues on the  2.4.3 release

Yes, there will be a new Vault (wallet) with fork.

Hi there.I am new to this coin.I have downloaded the wallet on my MacBookAir and will transfer my holding there.Is this what is known as The Vault ? And should I await the "new" wallet you refer to ? Also,with 500 coins what can I expect my rewards to be with Staking ?
Best Regards
David

i will be happy to answer your question on telegram https://goo.gl/sBCtfF with pic i too  lazy to upload

Bullion (CBX) ◢◤Clients
CRYPTOBULLION.IO
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YOUR DIGITAL PRECIOUS METAL 
PoSP | BNP Masternodes | 65 Second block time
Bullion MarketPlace












Cryptopia | NovaExchange |
Coinbook |













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m33
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October 12, 2017, 10:51:31 AM
 #4291

Dear Bullionaires,

just made my first transaction in crypto on my site mycoinsbot.com where CBX is accepted as payment , the tx id 0x0a3f21649607983f507cf67acb0229213e87959f643ed3577c8031fc52102933Block. but too bad its not in CBX. i have been with CBX for a long time and hope to see it grow bigger.i believe in CBX so i am willing to take it as payment. good luck to all the ppl in contest.

Bullion (CBX) ◢◤Clients
CRYPTOBULLION.IO
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████████▄
███████████▄
██████████████
███████████▀
████████▀
█████▀
█▀












YOUR DIGITAL PRECIOUS METAL 
PoSP | BNP Masternodes | 65 Second block time
Bullion MarketPlace












Cryptopia | NovaExchange |
Coinbook |













████
 ████
  ████
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m33
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October 13, 2017, 02:05:34 AM
 #4292

Dear vonpass is there a guild to setup to BNP, is support which os, and estimate size of software for this. hope we can continue to use our home pc for it

Bullion (CBX) ◢◤Clients
CRYPTOBULLION.IO
█▄
█████▄
████████▄
███████████▄
██████████████
███████████▀
████████▀
█████▀
█▀












YOUR DIGITAL PRECIOUS METAL 
PoSP | BNP Masternodes | 65 Second block time
Bullion MarketPlace












Cryptopia | NovaExchange |
Coinbook |













████
 ████
  ████
   ████
    ████
     ████
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Cbx.Bet
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October 13, 2017, 10:23:46 AM
 #4293

Several people signed up for the October 15th tournament.
I have installed the site on a server so that everyone can discover the site.
I have not tested the tournaments since the installation.
This free tournament will be a test

Attention The price will be 10CBX and not 10mBTC.
If you want to participate in the tournament register with your nickname bicontalk or give a valid email for the payment.

VonSpass
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October 13, 2017, 06:26:46 PM
 #4294

Dear vonpass is there a guild to setup to BNP, is support which os, and estimate size of software for this. hope we can continue to use our home pc for it

The extra workload to run a BPN on your PC will not be noticeable on most machines; you can still run a BPN at home.

and yes, we will have Windows, MacOS and Linux versions.
Yannic
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October 14, 2017, 10:01:48 AM
 #4295

Hello sorry, as for now i'm not @home im at hospital so i cant enable it on server (i restricted admin it to my home ip) i will be in the day of 15th to enable it on my website

(login/register/deposit/withdrawal are already enabled)

https://cryptoservices.net

CBX Project:

- Simple CBX Escrow System (no account needed)
- CBX2U a cbx tips/gifs system (account is mandatory)


There will be others cbx service weeks after weeks like merchant api and a big project ffor the end of year

♥‿♥ Show me your Love with few Yenten to : 5HBBVJ8vb3WAnBmgBZABNSTsVfo9JrrGF9 ♥‿♥
Website in progress : CryptoServices.net/en/ and Yenten.Today
☮ Peace, ♥ Love and Yenten Thanks ♥
aizzaku
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October 14, 2017, 10:34:36 AM
 #4296

Several people signed up for the October 15th tournament.
I have installed the site on a server so that everyone can discover the site.
I have not tested the tournaments since the installation.
This free tournament will be a test

Attention The price will be 10CBX and not 10mBTC.
If you want to participate in the tournament register with your nickname bicontalk or give a valid email for the payment.

what are you talking about? which tournament?

Cbx.Bet
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October 14, 2017, 04:28:28 PM
 #4297

Several people signed up for the October 15th tournament.
I have installed the site on a server so that everyone can discover the site.
I have not tested the tournaments since the installation.
This free tournament will be a test

Attention The price will be 10CBX and not 10mBTC.
If you want to participate in the tournament register with your nickname bicontalk or give a valid email for the payment.

what are you talking about? which tournament?

it is a free tournament test on  site cbx.bet

MaseratiGhibli
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October 15, 2017, 06:29:46 AM
 #4298

This coin will have no future if it is only tradeable at cryptopia (forget about Yobit). Price on coinmarketcap isnt even real.
On the site  cryptobullion.io it says for months 'Android Wallet coming soon'.  Why does it take so long? Also the same for the most updated wallet from september 2016 (Huh) How long does it take to have the new (online) wallet? Site is not updated and has discriptions like Only less than 1 million CBX in circulation with a low 2% inflation. There are now more than 1 million coins ?
And are the features market on the Roadmap reliable and updated?? I think not.....
VonSpass
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October 15, 2017, 07:50:08 AM
 #4299

This coin will have no future if it is only tradeable at cryptopia (forget about Yobit). Price on coinmarketcap isnt even real.
On the site  cryptobullion.io it says for months 'Android Wallet coming soon'.  Why does it take so long? Also the same for the most updated wallet from september 2016 (Huh) How long does it take to have the new (online) wallet? Site is not updated and has discriptions like Only less than 1 million CBX in circulation with a low 2% inflation. There are now more than 1 million coins ?
And are the features market on the Roadmap reliable and updated?? I think not.....

Roadmap needs updating for new dates, but all the steps mentioned there will be rendered, one after the other; Roadmap does include an Android Vault item, so it is coming (not as soon as next week though).

We try to maintain as much transparency as required by the community; development of Vault 3.0 has hit a stumbling block with this hashing issue, it is costing us more time than anticipated. Roadmap graph will be updated as soon as we can work out the new dates.

You are correct for the million CBX in circulation (no longer less than 1 million), this will be revised from the website, thanks for pointing that out to us.

As for the reality of CBX's price, just for fun try to buy the 2000 CBX required to run a BPN - people will quickly see how real this price is when they try to invest to arm their BPNs.
Big Naturals
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October 15, 2017, 08:30:42 AM
 #4300

As for the reality of CBX's price, just for fun try to buy the 2000 CBX required to run a BPN - people will quickly see how real this price is when they try to invest to arm BPNs.

Good point, low volume coins are very misleading, especially ones like CBX with small coin counts.

My feeling is some CBX hodlers have been holding and accumulating for a long time, many since 2013, and with masternodes just around the corner, anyone who expects more dumping now to get a BPN cheap will probably end up being quite disappointed. Lots of new money flooding into crypto now, and when cashed up new players see "CBX, established 2013, low inflation, environmentally friendly staking" many will want to get 2k coins for a masternode.

CBX could be a star performer of 2018, easy!
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