[BITZ] The Only 10% PoS Crypto to have

[EBK1000]

I've been working on some new graphics and a new website. I hope the new site will be up in around 2 weeks and it will come with some news. Please let e know what you think so far, https://bitz.biz

[1715451895]

1715451895

[1715451895]

1715451895

[jahras]

The new logo is nice.

[jahras]

What was the premine amount of this?

[DonQuijote]

What was the premine amount of this?

0
About 3k blocks where instamined during launch. (3/200)

[jahras]

And that's how many coins?

[DonQuijote]

And that's how many coins?

1,926,763 BITZ
http://coinmarketcap.com/currencies/bitz/

[drays]

What was the premine amount of this?

0
About 3k blocks where instamined during launch. (3/200)

And that's how many coins?

1,926,763 BITZ
http://coinmarketcap.com/currencies/bitz/

If I understand the question right, he was asking how many coins were instamined.
The instamine was about 3000 blocks at 35 coins each, so it is about 105,000 BITZ. About 5% of the current supply. But it is actually unknown who did the instamine, so there is no reason to think it was the Dev. Its more possible other solo miners did that, due to slow diff retargeting.

[maccaspacca]

And that's how many coins?

1,926,763 BITZ
http://coinmarketcap.com/currencies/bitz/

If I understand the question right, he was asking about how many coins were instamined.
The instamine was about 3000 blocks at 35 coins each, so it is about 105,000 BITZ. About 5% of the current supply. But it is actually unknown who did the instamine, so there is no reason to think it was the Dev. Its more possible other solo miners did that, sue to slow diff retargeting.

Instamine? - I got 3 of those first 3000 block doing some solo mining at the beginning so I don't see what you mean?

[jahras]

Just trying to figure out why coins with ICOs and instamines/premines get all the attention when the dev/devs can just run off the from selling the coins.

Excluding features, what makes a coin more attractive than another?

Why do some coins have such a big following on release, where the prices just keep getting higher and higher?

What causes the hype?

Thanks

[drays]

And that's how many coins?

1,926,763 BITZ
http://coinmarketcap.com/currencies/bitz/

If I understand the question right, he was asking about how many coins were instamined.
The instamine was about 3000 blocks at 35 coins each, so it is about 105,000 BITZ. About 5% of the current supply. But it is actually unknown who did the instamine, so there is no reason to think it was the Dev. Its more possible other solo miners did that, sue to slow diff retargeting.

Instamine? - I got 3 of those first 3000 block doing some solo mining at the beginning so I don't see what you mean?

Well, please read few posts above mine to understand what I mean. Particularly this: https://bitcointalk.org/index.php?topic=954125.msg11063665#msg11063665. I was just answering the question.

[drays]

Just trying to figure out why coins with ICOs and instamines/premines get all the attention when the dev/devs can just run off the from selling the coins.

Excluding features, what makes a coin more attractive than another?

Why do some coins have such a big following on release, where the prices just keep getting higher and higher?

What causes the hype?

Thanks

That's million dollar question 
And though it does not really refer to this coin, it would be very interesting if someone answers it here

[jahras]

Yes, this seems like a fairer coin but yet it does not have the same interest as some of the others that could easily turn out to be scams and are open to FUD mongering.

Still don't get why the big holders of this haven't made any donations to help it take off, while x amount of BTC is being spent on ICOs for potentially scam coins.

[EBK1000]

Yes, this seems like a fairer coin but yet it does not have the same interest as some of the others that could easily turn out to be scams and are open to FUD mongering.

Still don't get why the big holders of this haven't made any donations to help it take off, while x amount of BTC is being spent on ICOs for potentially scam coins.

I feel the same, I didn't get much of the so called instamine (*) but I have bought up some later as the price is really low, so I am sitting on just over 100,000 BITZ total most of which are bought. What I find curious is that there are people sitting on most of the coins as there is only a small amount being offered for sale. I guess they are waiting for BITZ to get on Bittrex etc. before they sell but nobody besides me are really doing anything to strengthen the support for BITZ.

I have my plans as I have said before and I am not in any way giving up on this as I have too much invested already. The only problem is that without any community support the progress will be slow but I will get there.

I guess the rough road map is, new website and graphics make over, new version wallets with updated graphics and possibly some new features, Android wallet and then working to get get some payment processors to accept BITZ. At the moment I don't have any fixed dates for this but please stay with us.

Once the new graphics have been "approved" there is a plan to do some legwork as well and make up some stickers etc. and visit areas of London that are tech savvy and may have an interest.

I will update further and maybe put some photos on Twitter.

(*) the instamine was unintentional and I have it down to lack of experience at that point.

[EBK1000]

Just trying to figure out why coins with ICOs and instamines/premines get all the attention when the dev/devs can just run off the from selling the coins.

Excluding features, what makes a coin more attractive than another?

Why do some coins have such a big following on release, where the prices just keep getting higher and higher?

What causes the hype?

Thanks

I have an idea, the greatest "scam" may be so called innovation and features and fancy graphics. It seems that whenever someone has spent a great deal of time decorating a nice OP people get excited and believe whatever they say. The cryptos that have had the greatest success after all are devoid of any features besides the basic. All the new fancy features only really plays to a certain crown and is in no way a road to successful adoption of the crypto outside a small community.

[jahras]

Hi dev, it doesn't seem that Bitz has offered enough to the community for it to garner any momentum.
I mean, there are so many coins, why would this be used instead of the others?

How are you going to gain a foothold? I am really struggling to understand why a given cryptocurrency has any value in the first place.

What are the uses and how are these uses unique and innovative, given what is already available?

 Of course I am aware of the benefits blockchain technologies can offer society.

I think all cryptos are ultimately doomed, even bitcoin. If you ask most people about bitcoin, sure, they have heard of it but are not likely to buy in as it's too risky - price swings - and they know too little about it to understand the benefits.

Until cryptos can be explained in ways that satisfy  the questions everyday, non technical people have, how are they going to be adopted?

ATM, I think the crypto world is so saturated with coins that it's best to stay on the sidelines until the dust settles... I keep making a loss whenever I get involved although that's not what cryptos mean to me, I am not well off.

  

I really had high hopes for this but it seems everyone has lost their interest. What now?

Tor bazaar?

Anonymity?

What?

You might have something good going here but without a better road map, with dates outlining what will be done and when, I think there will be not much interest.

In the light of not having an ICO or much donations, how exactly will this be moving forward?

Should I just try to sell what I'm holding or keep holding in the hope that something will happen other than the value going lower?
 

[drays]

Is it you dumping huge amount of BITZ (about 7-8% of all the current supply) on C-Cex now?

[jahras]

not me

[EBK1000]

I don't know who's dumping but someone is getting a lot of BITZ cheap, I am obviously holding as I know the long term value will increase. There will some further updates next week. Nothing too fancy but a clearer idea of the near future of BITZ and what to expect in the next few months. I will try to work out a road map with some dates.

[Pva0046]

first logo coin was better than this

[drays]

first logo coin was better than this

That's a matter of taste I guess... As to me, the new one looks much better and is more professional.