Pages:
Author

Topic: [*] 8BIT [Dark Masternodes][Anon][Roadmap Stage 4] - page 12. (Read 379550 times)

newbie
Activity: 12
Merit: 0
I'm working on a game through unity at the moment, little side project, first person, cartoon styled, magic, melee attacking, open world. Cheesy would love some free hosting.
newbie
Activity: 98
Merit: 0
 I am new at this, I have also long term holding coins but trying to improve myself day trading for earning in short time too.
full member
Activity: 394
Merit: 100
Hi,is it possible to move wallet.dat from not working windows wallet to linux wallet?
Thanks.
full member
Activity: 670
Merit: 130
sooooo should we consider this dead ?
member
Activity: 158
Merit: 10
8BIT is one of the best coins of coins. I really hope it can go well and make it a collection of many people.
legendary
Activity: 2576
Merit: 1073
What will be max amount of coins in circulation? coinmarketcap shows only circulating supply of 1,4 mil.


There is no max cap currently. The supply grows steadily by 1.2 8BIT per minute. It means the inflation rate slows down over time, as 1.2/supply ratio becomes less and less.

Edit: Thank you for answering.

I see, that is quite a lot, its 600k coins a year or 50% of current supply which is made of years of mining. Maybe in upgraded coin it can be changed to significantly lower minting and include max coin supply so older holders do profit as new supply dramatically influences the price while it doesnt add much toward coin except for mining profitability (if price increases minnig profitability would increase with lower amount of coins too). Coin with 1,5 mil supply and 100 mil supply will still do the same thing, just with 100 mil supply early holders get diluted significantly (in this case, some holders are here since years, and still their share is diluted with 50% this year after so many years of mining). Max supply as in bitcoin and most other coins adds a lot to attractiveness because scarcity of bitcoin plays significant role in perception compared to other commodities which are usually abundand in nature and their mining depends on current level of technology. (crypto is not commodity but most often in eyes of investors is closer to commodity then equity in company).

In fact there are around 1.7M coins now, so with 1.2*60*24*365=630720 coins generated yearly, we have 37% yearly inflation at the moment. That number will become less with every year (for example in a year it will become 27%, then 21% next year, then 17.5% and so on), even though the supply is not limited. Limiting the supply like it is done in Bitcoin (or just decreasing the inflation rate a bit) could be a good idea, but inflation is not the biggest issue with 8bit at the moment.

I would be really interested to listen some news from 8bit-party on how the development is going on...
newbie
Activity: 19
Merit: 0
What will be max amount of coins in circulation? coinmarketcap shows only circulating supply of 1,4 mil.


There is no max cap currently. The supply grows steadily by 1.2 8BIT per minute. It means the inflation rate slows down over time, as 1.2/supply ratio becomes less and less.

Edit: Thank you for answering.

I see, that is quite a lot, its 600k coins a year or 50% of current supply which is made of years of mining. Maybe in upgraded coin it can be changed to significantly lower minting and include max coin supply so older holders do profit as new supply dramatically influences the price while it doesnt add much toward coin except for mining profitability (if price increases minnig profitability would increase with lower amount of coins too). Coin with 1,5 mil supply and 100 mil supply will still do the same thing, just with 100 mil supply early holders get diluted significantly (in this case, some holders are here since years, and still their share is diluted with 50% this year after so many years of mining). Max supply as in bitcoin and most other coins adds a lot to attractiveness because scarcity of bitcoin plays significant role in perception compared to other commodities which are usually abundand in nature and their mining depends on current level of technology. (crypto is not commodity but most often in eyes of investors is closer to commodity then equity in company).
legendary
Activity: 2576
Merit: 1073
can I get more money?

Yes, sure. Fort Knox has a lot of them. Try asking, maybe they will share.
legendary
Activity: 2576
Merit: 1073
What will be max amount of coins in circulation? coinmarketcap shows only circulating supply of 1,4 mil.


There is no max cap currently. The supply grows steadily by 1.2 8BIT per minute. It means the inflation rate slows down over time, as 1.2/supply ratio becomes less and less.
newbie
Activity: 18
Merit: 0
can I get more money?
newbie
Activity: 19
Merit: 0
What will be max amount of coins in circulation? coinmarketcap shows only circulating supply of 1,4 mil.
legendary
Activity: 2576
Merit: 1073
what is the site of this shitcoin?

Why would one want to know the website of something he considers to be a "shitcoin"? Are you a coprophile..?  Roll Eyes
newbie
Activity: 19
Merit: 0
newbie
Activity: 4
Merit: 0
what is the site of this shitcoin?
legendary
Activity: 1036
Merit: 1000
8b 16b DEMOSCENE FTW
Just realized that  >  end of Q1 = announce/news on the new 8bit = 1st April
Yep - we are almost there, although the gitian (building) box has caused trouble recently and we are waiting for a diagnosis / hw replacement. Stay tuned.
newbie
Activity: 41
Merit: 0
Just realized that  >   announce/news on the new 8bit = end of Q1 = 1st April = big troll

[edit] the equation was wrong i edited
newbie
Activity: 19
Merit: 0
Hello, long time lurker first time poster. How does this coin differentiate to other coins? Is it already known if there will be some new magical stuff in new code base? Thank you
legendary
Activity: 1036
Merit: 1000
8b 16b DEMOSCENE FTW
Great, keep up the good work! We will need more soon, I recall we will have new opening this month.
newbie
Activity: 4
Merit: 0
I've also put together a guide to running multiple masternodes on the same VPS:

http://btcca.ca/masternode-setup-guides/8bit-masternode-setup-guide-2/

I couldn't have done it without drays, who on page 253 posted code for a patch (https://bitcointalksearch.org/topic/m.20238850)
Pages:
Jump to: