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Author Topic: [ANN] BitBean is Now Bean Cash | First v3 POS | First 20MB Max Blocks | 7+ Yrs.  (Read 275849 times)
gioma
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October 01, 2015, 09:54:38 AM
 #861


Any worries about Bittrex de-listing the Bean, it will not happen. More exchanges can't be a bad thing, I've looked at Cryptopia and Bean meets their criteria for acceptance but the vote has a long way to go to get listed. We are on the two largest ones.



There is always someone making volume manually or with bots to not delist coins
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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October 02, 2015, 02:40:14 PM
 #862

Good to hear some new information about my Beans. Was getting very quiet in here.
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October 02, 2015, 03:05:57 PM
Last edit: October 02, 2015, 03:16:45 PM by take_off
 #863


Any worries about Bittrex de-listing the Bean, it will not happen. More exchanges can't be a bad thing, I've looked at Cryptopia and Bean meets their criteria for acceptance but the vote has a long way to go to get listed. We are on the two largest ones.



poloniex and BTC38 are actually the two largest ones for altcoins
those should be the ones to look at to get on to

for a list of exchanges based on volume last 24hrs

https://coinmarketcap.com/exchanges/volume/24-hour/

note
btc38 is a chinese site and we all know how much they love cutesy cartoon stuff
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October 02, 2015, 08:35:29 PM
 #864

Your right on that Cryptsy charges .001 for a btc withdrawal 10X the network fee lol. 
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October 04, 2015, 12:46:47 AM
 #865

Had query on joining the BeanCore, it is on the website but I'll repeat it here:

A "Stake Holder" is defined as someone that has a significant investment in Bitbean (5 Million or more). Stake Holders are invited to have a key role in shaping the development, direction and market for Bitbeans. As part of Bitbean Core, Stake Holders will be eligible for their own @bitbean.org email account and be tied into our collaboration infrastructure. Much like a traditional board of directors, Stake Holders accepted into Bean Core, will have a voice in the management, and be able to take a leadership role in the Bitbean eco-system. The organization of this core development group ("Bean Core") will be based on consensus and an ownership model. Those with a bigger stake in Bitbean will have a bigger voice. Bean Core will maintain the privacy of its members and remain anonymous.
High Stakers, who own at least 5 Million Bitbeans, are invited to join Bitbean Core. To join, a holder must submit their bitbean address to verify their investment amount by email to: admin@bitbean.org
Upon receipt of their bitbean address, holders will be asked to donate (a minimum of 100,000 Bitbeans) a specific amount of Bitbeans to Team Bean to verify their ownership of that address. Upon verification, the High Staker will then be assigned an account within Bitbean Core.

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October 06, 2015, 05:19:25 PM
 #866

Had query on joining the BeanCore, it is on the website but I'll repeat it here:

A "Stake Holder" is defined as someone that has a significant investment in Bitbean (5 Million or more). Stake Holders are invited to have a key role in shaping the development, direction and market for Bitbeans. As part of Bitbean Core, Stake Holders will be eligible for their own @bitbean.org email account and be tied into our collaboration infrastructure. Much like a traditional board of directors, Stake Holders accepted into Bean Core, will have a voice in the management, and be able to take a leadership role in the Bitbean eco-system. The organization of this core development group ("Bean Core") will be based on consensus and an ownership model. Those with a bigger stake in Bitbean will have a bigger voice. Bean Core will maintain the privacy of its members and remain anonymous.
High Stakers, who own at least 5 Million Bitbeans, are invited to join Bitbean Core. To join, a holder must submit their bitbean address to verify their investment amount by email to: admin@bitbean.org
Upon receipt of their bitbean address, holders will be asked to donate (a minimum of 100,000 Bitbeans) a specific amount of Bitbeans to Team Bean to verify their ownership of that address. Upon verification, the High Staker will then be assigned an account within Bitbean Core.



Wow, even better. I was aware you had to be holding 5 mill Bitbean but not that there was a "mandatory donation", you might as well just call it a membership fee dude. So basically:

1) Buy 5 million Bitbeans despite the fact we're still waiting on things promised and "scheduled" 6 months ago with nothing but screenshots of what "is coming soon guys I swear"
2) Pay the mandatory fee of 100k Bitbeans to join the "BeanCore".
3) End up another angry bagholder posting on Cryptsy chat and other places

I actually do like the concept of the BeanCore, I just think that if the present BeanCore members are letting the coin slip so badly already they're probably not smart or motivated enough to make it do any better in the future. Because of the POS nature, those already in the BeanCore will always have a higher voice than those joining (unless someone has waaaay more currency to invest than brains), so I'll join BeanCore and then be endlessly frustrated that it makes no difference because the same "legacy BeanCore" people who have let the last 6 months happen are ultimately the most powerful "voters".

Am I wrong here? I'd love to be wrong here, but I do believe my logic is pretty sound. A good start to rectify concerns like these may be to disclose the current number of members of BeanCore and holdings of those members (pretty standard disclosure since you compare it to a "traditional board of directors).



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October 07, 2015, 05:00:30 AM
 #867

I bought 2Mio BITB at 30sat and it maddens me but ...

The PoS Distribution Phase is over 95 years, so what?

I hold this, maybe 10-20 years and every day 3000-5000 BITB for me. It's ok Smiley

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October 07, 2015, 06:32:09 AM
 #868

Had query on joining the BeanCore, it is on the website but I'll repeat it here:

A "Stake Holder" is defined as someone that has a significant investment in Bitbean (5 Million or more). Stake Holders are invited to have a key role in shaping the development, direction and market for Bitbeans. As part of Bitbean Core, Stake Holders will be eligible for their own @bitbean.org email account and be tied into our collaboration infrastructure. Much like a traditional board of directors, Stake Holders accepted into Bean Core, will have a voice in the management, and be able to take a leadership role in the Bitbean eco-system. The organization of this core development group ("Bean Core") will be based on consensus and an ownership model. Those with a bigger stake in Bitbean will have a bigger voice. Bean Core will maintain the privacy of its members and remain anonymous.
High Stakers, who own at least 5 Million Bitbeans, are invited to join Bitbean Core. To join, a holder must submit their bitbean address to verify their investment amount by email to: admin@bitbean.org
Upon receipt of their bitbean address, holders will be asked to donate (a minimum of 100,000 Bitbeans) a specific amount of Bitbeans to Team Bean to verify their ownership of that address. Upon verification, the High Staker will then be assigned an account within Bitbean Core.



Wow, even better. I was aware you had to be holding 5 mill Bitbean but not that there was a "mandatory donation", you might as well just call it a membership fee dude. So basically:

1) Buy 5 million Bitbeans despite the fact we're still waiting on things promised and "scheduled" 6 months ago with nothing but screenshots of what "is coming soon guys I swear"
2) Pay the mandatory fee of 100k Bitbeans to join the "BeanCore".
3) End up another angry bagholder posting on Cryptsy chat and other places

I actually do like the concept of the BeanCore, I just think that if the present BeanCore members are letting the coin slip so badly already they're probably not smart or motivated enough to make it do any better in the future. Because of the POS nature, those already in the BeanCore will always have a higher voice than those joining (unless someone has waaaay more currency to invest than brains), so I'll join BeanCore and then be endlessly frustrated that it makes no difference because the same "legacy BeanCore" people who have let the last 6 months happen are ultimately the most powerful "voters".

Am I wrong here? I'd love to be wrong here, but I do believe my logic is pretty sound. A good start to rectify concerns like these may be to disclose the current number of members of BeanCore and holdings of those members (pretty standard disclosure since you compare it to a "traditional board of directors).





agree with you silly paying that money for what we have seen here NOTHING

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October 07, 2015, 04:11:29 PM
 #869

I bought 2Mio BITB at 30sat and it maddens me but ...

The PoS Distribution Phase is over 95 years, so what?

I hold this, maybe 10-20 years and every day 3000-5000 BITB for me. It's ok Smiley



Uhhhh 10-20 years !! Who knows if Bitbean will be around or delisted from the 2 exchanges in 1 year ? Invest in real stocks on the stock market if your looking for a long haul investment lol not currencies that are valued thousands of times less than penny stocks.
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October 08, 2015, 01:46:31 AM
 #870

I bought 2Mio BITB at 30sat and it maddens me but ...

The PoS Distribution Phase is over 95 years, so what?

I hold this, maybe 10-20 years and every day 3000-5000 BITB for me. It's ok Smiley



This strategy only makes sense if there are actually use cases for Bitbean.  If the only place to "spend"  Bitbean are exchanges and there is no real use for it you're going to head to a zero value because the coin has no use or purpose.

Find a game to tie it into,  look to fitting it into a remittance business.  You can be making a million bitbean a day staking for 10 years but there will need to be a reason for someone to buy them off you or you'll have a whole lot of nothing. Learn from all those Beanie Baby investors man and push the devs to find purpose and use.

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October 08, 2015, 02:11:12 PM
 #871

Any update on the New Wallet?? Many Many Weeks past due now...
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October 08, 2015, 08:15:00 PM
 #872

Any update on the New Wallet?? Many Many Weeks past due now...

I think you mean months. It was coming out in May I believe?

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October 08, 2015, 08:49:54 PM
 #873

No more bean for me. Good luck guys.
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October 08, 2015, 09:49:34 PM
 #874

No more bean for me. Good luck guys.

same for me can't get played by this guy no longer

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October 12, 2015, 02:59:11 AM
 #875

I'm out too !
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October 12, 2015, 03:59:32 AM
 #876

Sounds like the community is leaving out one by one

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October 12, 2015, 03:59:50 AM
 #877

Any updates on the wallet are they done?

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October 13, 2015, 08:40:09 PM
 #878

The windows wallet has been successfully built (phew), now setting up the windows development environment from scratch to build the release wallet binaries. Updating the Linux development environment with the latest dependencies and then rebuild the linux release wallet binaries. Once done then we will publish and the Mac wallet build is still being worked on and will be the next roadmap milestone.

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October 13, 2015, 09:35:32 PM
 #879

The windows wallet has been successfully built (phew), now setting up the windows development environment from scratch to build the release wallet binaries. Updating the Linux development environment with the latest dependencies and then rebuild the linux release wallet binaries. Once done then we will publish and the Mac wallet build is still being worked on and will be the next roadmap milestone.




the roadmap should be updated since it is no longer meeting target goals

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October 13, 2015, 09:46:53 PM
 #880

A new roadmap will be compiled after we get the Linux and Windows wallets released.
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