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Topic: [ANN] BEAM | Mimblewimble | Private | Scalable | No ICO | No Pre Mine - page 49. (Read 77231 times)

newbie
Activity: 81
Merit: 0
Transited all my rigs to LeafPool and ChainRift...
Will see.
member
Activity: 952
Merit: 17
raskul
DO NOT USE LINK IN THE POST PRIOR TO THIS ONE.

edit: post was reported and removed.
newbie
Activity: 81
Merit: 0
Today my BEAM deposit passed on HotBit.  Shocked, withdrawal fee of a BTC is 0.001 Shocked
Too much...
ChainRift have lower BEAM price but don't know for a BTC withdrawal fee?

P.S. Now i am read... ChainRift have 0.0005BTC Static Withdrawal Fee so it's preaty lower than HotBitShit
newbie
Activity: 18
Merit: 0
My Beam wallet reports an error:
failed to start node. please check your node configuration

What to do?
member
Activity: 952
Merit: 17
raskul


As somebody infos about how much money was raised from the VC?


less than $5millions. However, as I understand it, much of the money raised was not pertinent to the receipt of Beam by investors.
It was not an ICO, so the promise of coins was not a huge factor in a lot of the investment. VC's have invested in the company, not the coin.

this is, merely my understanding of it and there may be more to it than that.
full member
Activity: 1330
Merit: 217
https://lifinity.io/
Beam : Price forecast extrapolation according to the treasury supply for the 3 first years and the expectation of the VC investors

Treasury  after 3 years: (1*20Beam + 2*10Beam) * 1440Block * 365days = 21’024’000 Beam

Treasury allocated to the private investors: 21’024’000 Beam * 35% = 7’358'400 Beam

ROI expected from the VC after 3 years: x35 (between 20x & 50x according to the risk)
Coin Value after 3 years: $invested x35 / 7’358'400 Beam

Assumption 1: $invested = 3’000’000$  --> Beam Value: 14$
Assumption 2, $invested = 6’000’000$  --> Beam Value: 28$
Assumption 3, $invested = 12’000’000$  --> Beam Value: 46$



Other approach:
Circulation supply after 3 year: 21’024’000 Beam
Market cap in 3 years: 800’000’000$, like Monero today
Beam Value: 38$



Please don’t take it too seriously  Cheesy


Sounds good, but is more a calculation for the "to the moon" fans.

The calculation lacks 2 main factors: (Daily Issuance) inflation and Max. Supply....


Of course it’s a best case scenario. 😃
 
Daily Issuance and inflation has been taken into account. Source: HERE

Max supply not important in this case: time frame =  3 years

As somebody infos about how much money was raised from the VC?
full member
Activity: 826
Merit: 103
Hello.
A couple days ago i am open an account on HotBit and opened a wallet deposit address for BEAM.
Stared mining BEAM at a SparkPool with success with address from HotBit.
Now, just now, i am logged to a HotBit to check BEAM transfer from a SparkPool to HotBit wallet deposit address and i am horrified Sad
BEAM wallet deposit and withdrawal address are blocked... No deposit and no withdrawal... Oh my God Sad

Any other exchange or some advice what to do?!

TNX

I have successfully used chainrift to buy beam.
Hotbit is mostly fake volume created by bots, better to avoid that one. I think they have closed deposits.

It's not just mostly fake. It's looks to be more like 99.9% fake volume. Hotbit is a huge joke.
full member
Activity: 708
Merit: 103
Empowering crypto w/ sustainable energy
Beam : Price forecast extrapolation according to the treasury supply for the 3 first years and the expectation of the VC investors

Treasury  after 3 years: (1*20Beam + 2*10Beam) * 1440Block * 365days = 21’024’000 Beam

Treasury allocated to the private investors: 21’024’000 Beam * 35% = 7’358'400 Beam

ROI expected from the VC after 3 years: x35 (between 20x & 50x according to the risk)
Coin Value after 3 years: $invested x35 / 7’358'400 Beam

Assumption 1: $invested = 3’000’000$  --> Beam Value: 14$
Assumption 2, $invested = 6’000’000$  --> Beam Value: 28$
Assumption 3, $invested = 12’000’000$  --> Beam Value: 46$



Other approach:
Circulation supply after 3 year: 21’024’000 Beam
Market cap in 3 years: 800’000’000$, like Monero today
Beam Value: 38$




Please don’t take it too seriously  Cheesy

Thanks for it, it is really useful to evaluate what is the possible price in the future.
It would be nice if someone calculate  something similar for Grin´s future price Wink.
member
Activity: 952
Merit: 17
raskul
Hello.
A couple days ago i am open an account on HotBit and opened a wallet deposit address for BEAM.
Stared mining BEAM at a SparkPool with success with address from HotBit.
Now, just now, i am logged to a HotBit to check BEAM transfer from a SparkPool to HotBit wallet deposit address and i am horrified Sad
BEAM wallet deposit and withdrawal address are blocked... No deposit and no withdrawal... Oh my God Sad

Any other exchange or some advice what to do?!

TNX

I have successfully used chainrift to buy beam.
Hotbit is mostly fake volume created by bots, better to avoid that one. I think they have closed deposits.
newbie
Activity: 81
Merit: 0
Hello.
A couple days ago i am open an account on HotBit and opened a wallet deposit address for BEAM.
Stared mining BEAM at a SparkPool with success with address from HotBit.
Now, just now, i am logged to a HotBit to check BEAM transfer from a SparkPool to HotBit wallet deposit address and i am horrified Sad
BEAM wallet deposit and withdrawal address are blocked... No deposit and no withdrawal... Oh my God Sad

Any other exchange or some advice what to do?!

TNX
member
Activity: 112
Merit: 10
In my ignorance, how can you explained a 24 h vol. of 4 million $, when the actual supply is 2 millions of Beam, at 1$ each one?

Maybe Hotbit (the single exchange) use the magic too.
There is no ignorance. I had to just sell everything at 0.0003. Good play. Nothing else.
full member
Activity: 430
Merit: 228
In my ignorance, how can you explained a 24 h vol. of 4 million $, when the actual supply is 2 millions of Beam, at 1$ each one?

Maybe Hotbit (the single exchange) use the magic too.
sr. member
Activity: 1246
Merit: 274
Is there a specific procedure for transferring mined coins from Sparkpool to my wallet other than this- Open wallet, make sure it's on line, head over to Sparkpool and click the payout button and wait?

My first withdraw was faultless, I tried earlier to withdraw and nothing happened for ages, then it showed up in the wallet as a pending transaction but then it showed failed, it has tried twice and failed both. The Sparkpool page still shows the amount as 'matured' and 'applied' where the withdraw button should be but nothing is now happening.

Can you only withdraw at certain times of day or something? I must say it's about as clear as fucking mud, when do we get proper pools?

Make sure that your wallet is the latest version and that you are not using an expiring address.
newbie
Activity: 45
Merit: 0
Is there a specific procedure for transferring mined coins from Sparkpool to my wallet other than this- Open wallet, make sure it's on line, head over to Sparkpool and click the payout button and wait?

My first withdraw was faultless, I tried earlier to withdraw and nothing happened for ages, then it showed up in the wallet as a pending transaction but then it showed failed, it has tried twice and failed both. The Sparkpool page still shows the amount as 'matured' and 'applied' where the withdraw button should be but nothing is now happening.

Can you only withdraw at certain times of day or something? I must say it's about as clear as fucking mud, when do we get proper pools?
member
Activity: 420
Merit: 13
Beam : Price forecast extrapolation according to the treasury supply for the 3 first years and the expectation of the VC investors

Treasury  after 3 years: (1*20Beam + 2*10Beam) * 1440Block * 365days = 21’024’000 Beam

Treasury allocated to the private investors: 21’024’000 Beam * 35% = 7’358'400 Beam

ROI expected from the VC after 3 years: x35 (between 20x & 50x according to the risk)
Coin Value after 3 years: $invested x35 / 7’358'400 Beam

Assumption 1: $invested = 3’000’000$  --> Beam Value: 14$
Assumption 2, $invested = 6’000’000$  --> Beam Value: 28$
Assumption 3, $invested = 12’000’000$  --> Beam Value: 46$



Other approach:
Circulation supply after 3 year: 21’024’000 Beam
Market cap in 3 years: 800’000’000$, like Monero today
Beam Value: 38$



Please don’t take it too seriously  Cheesy


Sounds good, but is more a calculation for the "to the moon" fans.

The calculation lacks 2 main factors: (Daily Issuance) inflation and Max. Supply....
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Beam : Price forecast extrapolation according to the treasury supply for the 3 first years and the expectation of the VC investors

Treasury  after 3 years: (1*20Beam + 2*10Beam) * 1440Block * 365days = 21’024’000 Beam

Treasury allocated to the private investors: 21’024’000 Beam * 35% = 7’358'400 Beam

ROI expected from the VC after 3 years: x35 (between 20x & 50x according to the risk)
Coin Value after 3 years: $invested x35 / 7’358'400 Beam

Assumption 1: $invested = 3’000’000$  --> Beam Value: 14$
Assumption 2, $invested = 6’000’000$  --> Beam Value: 28$
Assumption 3, $invested = 12’000’000$  --> Beam Value: 46$



Other approach:
Circulation supply after 3 year: 21’024’000 Beam
Market cap in 3 years: 800’000’000$, like Monero today
Beam Value: 38$



Please don’t take it too seriously  Cheesy


member
Activity: 301
Merit: 31
Nice figures... Wink and invoative Coin...
But, prior of that BEAM has to fix the network issues. The biggest exchange for BEAM (Hotbit) suspend deposit/withdrawal, the biggest pool (sparkpool) did not made a payments...
Waiting for quick fix...
full member
Activity: 1330
Merit: 217
https://lifinity.io/
Beam : Price forecast extrapolation according to the treasury supply for the 3 first years and the expectation of the VC investors

Treasury  after 3 years: (1*20Beam + 2*10Beam) * 1440Block * 365days = 21’024’000 Beam

Treasury allocated to the private investors: 21’024’000 Beam * 35% = 7’358'400 Beam

ROI expected from the VC after 3 years: x35 (between 20x & 50x according to the risk)
Coin Value after 3 years: $invested x35 / 7’358'400 Beam

Assumption 1: $invested = 3’000’000$  --> Beam Value: 14$
Assumption 2, $invested = 6’000’000$  --> Beam Value: 28$
Assumption 3, $invested = 12’000’000$  --> Beam Value: 46$



Other approach:
Circulation supply after 3 year: 21’024’000 Beam
Market cap in 3 years: 800’000’000$, like Monero today
Beam Value: 38$



Please don’t take it too seriously  Cheesy
member
Activity: 420
Merit: 13
It would be nice if the devs could create a function to dump + import addresses between wallet files.

This actually should be a MUST!!!!
member
Activity: 301
Merit: 31
HOTBIT just suspend deposit and withdrawal for BEAM, because problem with nodes.
Also, I sent my coins from biggest pool 8 hours before, nothing arrived...
BEAM devs? When can we expect the fix?
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