Pages:
Author

Topic: A request to BTB (Bitbar) holders (Read 4248 times)

full member
Activity: 126
Merit: 100
May 10, 2013, 11:38:33 PM
#86
Having a coin with scarcity is not value in itself. Bit bars add nothing as a crypto currency but market a perceived scarcity, when in reality with exchanges there is no scarcity with bit bars, it merely gives the illusion.
legendary
Activity: 1652
Merit: 1015
May 10, 2013, 11:36:53 PM
#85
BitBar has Bar in the name therefore it is worth more than BTC.
RAFL  Cheesy
newbie
Activity: 42
Merit: 0
May 10, 2013, 11:01:27 PM
#84
BitBar has Bar in the name therefore it is worth more than BTC. It also has more confirmations and a high difficulty which is important because nobody else could possibly change the parameters of a coin into those parameters. 

Bar >> Coin


 Tongue Huh Tongue Huh Shocked Huh Tongue
legendary
Activity: 1806
Merit: 1003
May 10, 2013, 10:58:34 PM
#83
Some clarifications:
1. BitBar is based on PPC, and PPC based coin can not have a hash rate problem, since the difficulty re-adjusts on every block, also reward greatly increase when difficulty falls, so it always in equilibrium. and here is the kicker, the network can have exactly 0 PoW hashing, and it will still functions with simply PoS blocks. So a PPC based coin can never die due to lack of PoW miner.

2. What does BitBar solve? I believe there are two:
* the first and only non-premined scrypt PoW+PoS network in existence
* the only coin with potentially high denomination and a tiny blockchain (due to being PPC based+high denomination), that could end up as a reserve currency for banks/big institutions. I don't think many of these guys want to deal with 10GB+ current annual growth of the Bitcoin blockchain plus the dust/spam/taint that comes with it. BitBar can be a true reserve currency.
donator
Activity: 196
Merit: 100
My posts are seldom static, but always readable :)
May 10, 2013, 10:50:20 PM
#82
Ha, yeah not like Bitcoin have any people mining or using it right? It's so just like BTB.. ha ha ha you crazy kid Smiley

You are by far my favorite trollbox regular. It's a shame that you seem to be playing for the opposite team and hard on this one. VARFÖRRRRR? Sad (<-- Don't actually answer that.)
full member
Activity: 224
Merit: 100
May 10, 2013, 05:39:06 PM
#81
BTB future: The coin will die. People will stop mining as it is not profitable anymore, so the blockchain will not propagate transactions which will cause more people to stop mining until it is dead. The end.

The same way BTC will end. So why its price is $112. You just helped me dude. thanks

Ha, yeah not like Bitcoin have any people mining or using it right? It's so just like BTB.. ha ha ha you crazy kid Smiley
Sou
full member
Activity: 210
Merit: 100
(Bitcoin related text here)
May 10, 2013, 05:11:07 PM
#80
BTB future: The coin will die. People will stop mining as it is not profitable anymore, so the blockchain will not propagate transactions which will cause more people to stop mining until it is dead. The end.

The same way BTC will end. So why its price is $112. You just helped me dude. thanks

But, still...

Why should people buy BTB?

Is it actually solving any actual problems?

What is it's role in crypto?

What do you want cryptos to do they r not real money and r all going to die in the end so go for the profit not the crypto itself. What kind of problems you want to be solved by them even BTC is still not helping in anything rather then investment. And investment can be done on any crypto.

"What do you want cryptos to do they r not real money and r all going to die in the end so go for the profit not the crypto itself"

Actually, they seem to be a logical progression in the evolution of money. As the world around us changes and the internet becomes a more and more integrated part in society advancing every facit of the daily life it only makes sense that it would have its role in the evolution of money as well.

"What kind of problems you want to be solved by them even BTC is still not helping in anything rather then investment."

Well, simply take note of all the flaws in the modern financial system - you know the ones that people are rioting against all over the world. The ones that benefit the few while crushing the many...BTC can solve some of those.

"And investment can be done on any crypto"

That is true. I believe that it has been done with BTB. Both the team behind its development as well the miners have all invested their time and resources, for which they profit for now.
Sou
full member
Activity: 210
Merit: 100
(Bitcoin related text here)
May 10, 2013, 04:58:25 PM
#79
BTB future: The coin will die. People will stop mining as it is not profitable anymore, so the blockchain will not propagate transactions which will cause more people to stop mining until it is dead. The end.

The same way BTC will end. So why its price is $112. You just helped me dude. thanks

But, still...

Why should people buy BTB?

Is it actually solving any actual problems?

What is it's role in crypto?

If nothing else it's an interesting economics experiment - make a coin super scarce to mine, if people decide it has value what happens to the price. It is kind of cool seeing an alt crypto selling for $50... will be interesting to see where it ends up a week from now, price seems quite volatile.

I agree with you, it has been incredible interesting. There is a lot to be learned about mass psychology, and what thought patterns drive an economy. It fascinating to say the least.
sr. member
Activity: 462
Merit: 250
PXC Research Team
May 10, 2013, 04:54:57 PM
#78
BTB future: The coin will die. People will stop mining as it is not profitable anymore, so the blockchain will not propagate transactions which will cause more people to stop mining until it is dead. The end.

The same way BTC will end. So why its price is $112. You just helped me dude. thanks

But, still...

Why should people buy BTB?

Is it actually solving any actual problems?

What is it's role in crypto?

What do you want cryptos to do they r not real money and r all going to die in the end so go for the profit not the crypto itself. What kind of problems you want to be solved by them even BTC is still not helping in anything rather then investment. And investment can be done on any crypto.
Sou
full member
Activity: 210
Merit: 100
(Bitcoin related text here)
May 10, 2013, 04:54:52 PM
#77
BTER.com mayble 80 -100 visitors on the BTB. Wait till other exchanges acept and more people read about the system.

Its only matter of time. The begin price is always overrated.


Why is it only a matter of time? What will they "read about the system" that will increase its adoption?

Buying now because "its only a matter of time" before it increases in price seems illogical if, it only increase in price if people buy now.
legendary
Activity: 1260
Merit: 1001
May 10, 2013, 04:53:48 PM
#76
BTB future: The coin will die. People will stop mining as it is not profitable anymore, so the blockchain will not propagate transactions which will cause more people to stop mining until it is dead. The end.

The same way BTC will end. So why its price is $112. You just helped me dude. thanks

But, still...

Why should people buy BTB?

Is it actually solving any actual problems?

What is it's role in crypto?

If nothing else it's an interesting economics experiment - make a coin super scarce to mine, if people decide it has value what happens to the price. It is kind of cool seeing an alt crypto selling for $50... will be interesting to see where it ends up a week from now, price seems quite volatile.
Sou
full member
Activity: 210
Merit: 100
(Bitcoin related text here)
May 10, 2013, 04:47:15 PM
#75
BTB future: The coin will die. People will stop mining as it is not profitable anymore, so the blockchain will not propagate transactions which will cause more people to stop mining until it is dead. The end.

The same way BTC will end. So why its price is $112. You just helped me dude. thanks

But, still...

Why should people buy BTB?

Is it actually solving any actual problems?

What is it's role in crypto?
hero member
Activity: 728
Merit: 500
May 10, 2013, 04:33:22 PM
#74
BTER.com mayble 80 -100 visitors on the BTB. Wait till other exchanges acept and more people read about the system.

Its only matter of time. The begin price is always overrated.
sr. member
Activity: 462
Merit: 250
PXC Research Team
May 10, 2013, 04:30:09 PM
#73
BTB future: The coin will die. People will stop mining as it is not profitable anymore, so the blockchain will not propagate transactions which will cause more people to stop mining until it is dead. The end.

The same way BTC will end. So why its price is $112. You just helped me dude. thanks
newbie
Activity: 28
Merit: 0
May 10, 2013, 04:24:02 PM
#72
i have a solution for you, make a buy order for 10btc, it'll boost the price
full member
Activity: 208
Merit: 100
May 10, 2013, 04:20:27 PM
#71
Lucky thing is that it will readjust way quicker than FTC and similar coins. I'm really curious how the difficulty calculating mechanism will deal with such a drop in hashrate.
full member
Activity: 224
Merit: 100
May 10, 2013, 04:17:40 PM
#70
BTB future: The coin will die. People will stop mining as it is not profitable anymore, so the blockchain will not propagate transactions which will cause more people to stop mining until it is dead. The end.
full member
Activity: 224
Merit: 100
May 10, 2013, 04:16:19 PM
#69
Once people have forgotten about the 0 difficulty ready-set-mine-mine-mine scam where insiders got most of the bars ever mined, they should increase alot in value. Lets hope they forget. I'm holding my bitbars for now.

Ha ha ha, yeah that's a great attitude. Lets bury the fact that it's a total scam and pretend that the turd is worth anything.
legendary
Activity: 1148
Merit: 1018
May 10, 2013, 03:48:17 PM
#68
The currant BTB market = people selling, people holding, and no one buying - that is an objective observation.

Why should people buy BTB?

Is it actually solving any actual problems?

What is it's role in crypto?

I would like your honest answers, please.


BTB has a place among the ones that are so fool to believe that missed "the early adopters" train for BTC. They are so fucking stupid that they do not realize they are still early adopter, because Bitcoin has such a huge potential and it's still so tiny, than it can just go bust or grow many orders of magnitude.

So, this is how it works: greed fuels the need to be a super "early adopter". Scammers best friend is fools greed. The scammers release a new cryptocurrency which solves absolutely nothing and which only purpose is to get profit. This alt crypto is premined HARD, a couple of folks get the most of the coins that will ever exist, and they promote their ponzi hard. Fools rush to be the "first in", but the fact is that they are very late to the party - they are the very last in, as 95% of the coins are in the hands of the "developer" and his folks. Everybody wants to be part of the "pump". And as soon as the coin reaches a major exchange, the "developer" and his friends finally dump all his coins, making BTB worth 0.

Answering more concretely to your question: BTB is solving a very important problem. The problem is "how do I take fool's money as quick as possible"?
Sou
full member
Activity: 210
Merit: 100
(Bitcoin related text here)
May 10, 2013, 03:32:48 PM
#67
The currant BTB market = people selling, people holding, and no one buying - that is an objective observation.

Why should people buy BTB?

Is it actually solving any actual problems?

What is it's role in crypto?

I would like your honest answers, please.
Pages:
Jump to: