Bullion (CBX) 'the Digital Precious Metal' | 2019 Roadmap published

[VonSpass]

Nice Coin! I like how Crypto Bullion is programmed so I am taking advantage of today's low prices... Only I have a small question about the Vault, if I want to use many adresses.

i created a new address from my CBX wallet, after having enabled the Bullion manage features option. Now before I send coins to this new address - is there a separate password to decrypt the wallet.dat of this new Vault ID
how does this work - I dont see a new wallet.dat file for this new ID being created - do all these adresses fall under the same wallet.dat and same password to decrypt and then, what about staking - does each ID has its own staking thing going?

All addresses are saved on the same wallet.dat, stake together and are encrypted with the same password. basically the same scenario as having a checking and savings account at the same bank.

One thing i should mention, is that you need to make new wallet.dat backups whenever you create a new address and send funds to it as each address will have its own unique private key. Do not make wallet.dat backups while the Vault software is running...

[IMZ]

Guys, there's an Uno/CBX trading-pair on Cryptopia.

https://www.cryptopia.co.nz

We have been talking about contacting you to discuss it, but . . . with the Cryptsy thing . . .  now seems a good time.

[And otc trades? I'd love to see that.]

Mark (IndiaMikeZulu), Australia

[VonSpass]

Guys, there's an Uno/CBX trading-pair on Cryptopia.

https://www.cryptopia.co.nz

We have been talking about contacting you to discuss it, but . . . with the Cryptsy thing . . .  now seems a good time.

[And otc trades? I'd love to see that.]

Mark (IndiaMikeZulu), Australia

Thats great! More exposure for our CBX is a good thing...

[IMZ]

Great start, VonSpass! Details to follow.

[elambert]

Guys, there's an Uno/CBX trading-pair on Cryptopia.

https://www.cryptopia.co.nz

We have been talking about contacting you to discuss it, but . . . with the Cryptsy thing . . .  now seems a good time.

[And otc trades? I'd love to see that.]

Mark (IndiaMikeZulu), Australia

Hi Mark! That is an intriguing trade pair, thanks for the heads-up!

What is the Cryptsy thing you mention? Confirms?

[CapnBDL]

HI ALL,

Can someone tell me if there is a minimum amount needed before you start seeing staking rewards? I just have a small amount (so far) but haven't seen my wallet do any staking yet (it is unlocked).

Thanks,

     

[elambert]

HI ALL,

Can someone tell me if there is a minimum amount needed before you start seeing staking rewards? I just have a small amount (so far) but haven't seen my wallet do any staking yet (it is unlocked).

Thanks,

     

1 CBX is the minimum amount and it must sit stationary in your wallet for at least 30 days before it becomes eligible to stake. Keep in mind, stake priority is subject to coin age (number of coins * days sitting stationary) so the more CBX you have and/or the longer you hold stationary, the more likely you are to earn stake.

[CapnBDL]

HI ALL,

Can someone tell me if there is a minimum amount needed before you start seeing staking rewards? I just have a small amount (so far) but haven't seen my wallet do any staking yet (it is unlocked).

Thanks,

     

1 CBX is the minimum amount and it must sit stationary in your wallet for at least 30 days before it becomes eligible to stake. Keep in mind, stake priority is subject to coin age (number of coins * days sitting stationary) so the more CBX you have and/or the longer you hold stationary, the more likely you are to earn stake.

Thanks much.

[IMZ]

Hey, Elambert.

https://www.reddit.com/r/Bitcoin/comments/3lnipw/cryptsy_increases_withdrawal_fees_to_05_with_zero

But the reason I've popped in is a thing that we've been working on for a while:

‘complementarity’ -- even ‘symbosis' -- between CBX and Uno:

If all parties basically understand the process, two crypto-commodity communities like Uno and CBX could forge a respectful long-term ‘horizontal’ relationship that somewhat weakens the hold that Bitcoin (and Cryptsy!) has over us both.

'Horizontal' in this sense meaning (via Cryptopia or otc trades or where ever) that Uno folk would always be ready and willing to buy CBX with Uno (thus providing buy-support for CBX) and CBX folk would always be ready and willing to buy Uno with CBX (thus providing buy-support for Uno).

And not because it was some contrived agreement, but because these two communities might see how very much in our mutual interests such a dynamic might be.

Is this so? Does it make sense to you guys?

Mark (IndiaMikeZulu), Australia

[CapnBDL]

Hello All,

I may be way out of place to comment on the UNO/CBX thing being discussed, however, I personally hold my CBX to be of greater value than the UNO I own. No...I don't hold a majority share of either, far from it, but knowing that UNO can be merge-mined, it just doesn't hold up to the standards I have come to believe my CBX has.

Just my two cents and thoughts on such a venture that compares UNO vs. CBX.

'nuff Said,

     

[IMZ]

I sure won't push this issue -- that would be trollish. Thanks for your comment, CapnBDL

We're trying trying trying to find ways to improve our buy-support/lessen Bitcoin's centrality, really big-picture stuff -- re-wire the motherboard, even if it's just spirited discussion of the theory of it all.

Is Uno's MM-ability not positive? or at least neutral?

Mark (IndiaMikeZulu), Australia

[VonSpass]

I sure won't push this issue -- that would be trollish. Thanks for your comment, CapnBDL

We're trying trying trying to find ways to improve our buy-support/lessen Bitcoin's centrality, really big-picture stuff -- re-wire the motherboard, even if it's just spirited discussion of the theory of it all.

Is Uno's MM-ability not positive? or at least neutral?

Mark (IndiaMikeZulu), Australia

There are many things I like about UNO; I do have a few!  To me the suggested market making agreement appears that it would require semi-constant attention and supervision, does it not?

[IMZ]

Yes, VonSpass: we both know that the buy-sell split would drift open if the volume were low.* However, a couple of us are willing to put some effort into a trial -- as I said, this is an effort to try some new ideas.

If you guys will bear with us, All This relates to developing the 'horizontal stuff.' Details to follow. Of course, we're all passionate about our 'home-base coins'; but so very many of us -- we all know this is true -- hold a range of other cryptos. 'Horizontal initiatives' concern openly developing these possibilities.

(Yah, the buy-sell split is ludicrous at this second. I'll chip away at it for a few days, and report back.)

*I am often reluctant to speak against the many-exchanges=good attitude that I see in almost all coins. The fact that CBX has just one exchange seems appropriate to me. I see it as a strength. Would it not be beneficial if CBX had one CBX/BTC pair (which aggregates volume)? and the CBX/UNO pair (which would bring volume that would otherwise probably not exist)?

Mark

[BTCat]

Yes, VonSpass: we both know that the buy-sell split would drift open if the volume were low.* However, a couple of us are willing to put some effort into a trial -- as I said, this is an effort to try some new ideas.

If you guys will bear with us, All This relates to developing the 'horizontal stuff.' Details to follow. Of course, we're all passionate about our 'home-base coins'; but so very many of us -- we all know this is true -- hold a range of other cryptos. 'Horizontal initiatives' concern openly developing these possibilities.

(Yah, the buy-sell split is ludicrous at this second. I'll chip away at it for a few days, and report back.)

*I am often reluctant to speak against the many-exchanges=good attitude that I see in almost all coins. The fact that CBX has just one exchange seems appropriate to me. I see it as a strength. Would it not be beneficial if CBX had one CBX/BTC pair (which aggregates volume)? and the CBX/UNO pair (which would bring volume that would otherwise probably not exist)?

Mark

CBX has more than one exchange. It also can be traded against many currencies. At least CBX/LTC is very good to have and we're looking for a listing in China. As we researched in the past, more people prefer not to have too many exchanges indeed to keep a reasonable amount of volume. Compared to BTC, LTC, DOGE etc. both CBX and UNO are smaller coins with no big volumes. I would think that a CBX/UNO market would be extreme low volume and I'm not even sure exchanges are interested to host this. That said Cryptopia does it: https://www.cryptopia.co.nz/Exchange?market=CBX_UNO , so anyone can use it.
To have just one BTC/CBX and then CBX/UNO only it would be a huge downgrade for CBX and I think against the interest of development and growth. The universe should expand not shrink. My idea is, the more things you can do with it the more it will be used. I would have liked a more continuous campaign to get CBX listed anywhere, everywhere in the world with hundreds of exchanges and a lot more functionality, then more people will take notice and get involved.

[IMZ]

Please pardon my intrusion. Thanks so much for your time.

Mark

[elambert]

Please pardon my intrusion. Thanks so much for your time.

Mark

No intrusion IMZ. You are always welcome here and we encourage all points of view to be heard. I love the outside of the box thinking and am a firm believer in exploring progressive ideas as there are always lessons to be learned and values to be identified.

That being said, I am not quite sure I understand the proposition or suggestion you are bringing to the table. Are you suggesting setting up a stand alone exchange for trading of CBX/UNO exclusively?

[BitcoinNational]

Are you suggesting setting up a stand alone exchange for trading of CBX/UNO exclusively?

The exchange is already ready ... https://www.cryptopia.co.nz/Exchange?market=CBX_UNO

The advantage is cross support without the need to constantly back the price with BTC.  

Also, you can trade CBX for Doge, Peer, Start, Black etc via the UNO pair.

[natmccoy]

I sure won't push this issue -- that would be trollish. Thanks for your comment, CapnBDL

We're trying trying trying to find ways to improve our buy-support/lessen Bitcoin's centrality, really big-picture stuff -- re-wire the motherboard, even if it's just spirited discussion of the theory of it all.

Is Uno's MM-ability not positive? or at least neutral?

Mark (IndiaMikeZulu), Australia

There are many things I like about UNO; I do have a few!  To me the suggested market making agreement appears that it would require semi-constant attention and supervision, does it not?

It would require a bot. Of course, if there were 100 people interested in these markets and shifting their orders according to the value of bitcoin pairings, it could work, but that's not going to happen anytime soon. Eventually someone will get a bot working on Cryptopia and the alt pairings will be much more useful.

[IMZ]

Are you suggesting setting up a stand alone exchange for trading of CBX/UNO exclusively?

The exchange is already ready ... https://www.cryptopia.co.nz/Exchange?market=CBX_UNO

The advantage is cross support without the need to constantly back the price with BTC.  

The essence of this 'horizontal stuff,' Elambert, is a recognition that similar coins with small caps can 'cross-boot-strap' each other.

Now, in the present situation, members of either coin can trade the other via Bitcoin., and that's beneficial.

But if the two communities each see the other as a sort of 'holding tank' of value against each other* (and Bitcoin is not the middleman . . . ), really significant amounts of buy-support could become the norm.

We are calling here, fellow crypto-commodity developers, for a consideration of a fundamental change of consciousness.

*And I wanna discuss 'bagholderism' a bit later: long time community members end up with a little too much of one crypto than is perhaps healthy for its perception by potential investors. We could progress to significant otc trades between the communities.

[VonSpass]

I know this may or may not be the best way to get listed on Bter, but our top position for CBX is increasingly challenged by number two in the voting list.

I have been putting in my 80 votes per day, but number Two is catching up on us; can you guys please help putting in more votes, please?

Let's get back to voting on Bter!!!!

Thanks