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Topic: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue - page 51. (Read 28066 times)

hero member
Activity: 2856
Merit: 674


But aside from the potential listing to another exchange, what is the major target this year for BGL to accomplish? Because looking at the current exchange, they haven't improved much. Maybe they need to offer a specific service or product that can entice crypto users. And I think, a lot of crypto users don't even know that BGL exists. We will see if there will be a change in price before and after the halving date, a week from now.

In terms of promotion they have an ongoing signature campaign and in fact, helps the price to improve slightly, this coin is only a year old and coming to its first halving, many are looking on this project now, I hope there is an effort on the part of whales and developers to get Bitgesell in a big market to get more investors to look on the project, signature campaign and listed inn big exchange will help the cause.

Exactly and we are seeing that. I don't usually participate in bounty but I found this project interesting.

Imagine, the circulating supply is only 10,047,830 BGL, the price is really undervalued as of now, so I would continue to help this project grow in my small way for the benefit of the investors and people who promote this project at the same time. Hopefully time will come that we will be able to benefit the bull run.
This project lacks liquidity. Need an exchange and a Money Maker with level higher than bot trading on Digifinex. I agree with you that BGL has a lot of potential.

You are right, but like other successful project, soon they'll be able to find a way to get this listed in a bigger exchanges particularly in Binance. Patience is the key, I think that's the goal of every project, to get listed in a bigger exchange to gain liquidity.

I think Hotbit is a good exchange, of the 3 exchanges this is listed, I only used Hotbit.
https://coinmarketcap.com/exchanges/hotbit/

But I'm still hoping for a big news soon, Binance and Bithumb, I guess that would be great if possible.
legendary
Activity: 2380
Merit: 1132


But aside from the potential listing to another exchange, what is the major target this year for BGL to accomplish? Because looking at the current exchange, they haven't improved much. Maybe they need to offer a specific service or product that can entice crypto users. And I think, a lot of crypto users don't even know that BGL exists. We will see if there will be a change in price before and after the halving date, a week from now.

In terms of promotion they have an ongoing signature campaign and in fact, helps the price to improve slightly, this coin is only a year old and coming to its first halving, many are looking on this project now, I hope there is an effort on the part of whales and developers to get Bitgesell in a big market to get more investors to look on the project, signature campaign and listed inn big exchange will help the cause.

Exactly and we are seeing that. I don't usually participate in bounty but I found this project interesting.

Imagine, the circulating supply is only 10,047,830 BGL, the price is really undervalued as of now, so I would continue to help this project grow in my small way for the benefit of the investors and people who promote this project at the same time. Hopefully time will come that we will be able to benefit the bull run.
This project lacks liquidity. Need an exchange and a Money Maker with level higher than bot trading on Digifinex. I agree with you that BGL has a lot of potential.
hero member
Activity: 2856
Merit: 674


But aside from the potential listing to another exchange, what is the major target this year for BGL to accomplish? Because looking at the current exchange, they haven't improved much. Maybe they need to offer a specific service or product that can entice crypto users. And I think, a lot of crypto users don't even know that BGL exists. We will see if there will be a change in price before and after the halving date, a week from now.

In terms of promotion they have an ongoing signature campaign and in fact, helps the price to improve slightly, this coin is only a year old and coming to its first halving, many are looking on this project now, I hope there is an effort on the part of whales and developers to get Bitgesell in a big market to get more investors to look on the project, signature campaign and listed inn big exchange will help the cause.

Exactly and we are seeing that. I don't usually participate in bounty but I found this project interesting.

Imagine, the circulating supply is only 10,047,830 BGL, the price is really undervalued as of now, so I would continue to help this project grow in my small way for the benefit of the investors and people who promote this project at the same time. Hopefully time will come that we will be able to benefit the bull run.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform


But aside from the potential listing to another exchange, what is the major target this year for BGL to accomplish? Because looking at the current exchange, they haven't improved much. Maybe they need to offer a specific service or product that can entice crypto users. And I think, a lot of crypto users don't even know that BGL exists. We will see if there will be a change in price before and after the halving date, a week from now.

In terms of promotion they have an ongoing signature campaign and in fact, helps the price to improve slightly, this coin is only a year old and coming to its first halving, many are looking on this project now, I hope there is an effort on the part of whales and developers to get Bitgesell in a big market to get more investors to look on the project, signature campaign and listed inn big exchange will help the cause.
full member
Activity: 1848
Merit: 158

Theoretically, after a halving, over time, the price of a coin can rise in value. Should BGL be viewed as a store of value similar to Bitcoin, or is it created for what else?  Is there a link to a roadmap?

Only 21M total supply, one good exchange will send the price to mars. Investors should hold it as a store of value.

But aside from the potential listing to another exchange, what is the major target this year for BGL to accomplish? Because looking at the current exchange, they haven't improved much. Maybe they need to offer a specific service or product that can entice crypto users. And I think, a lot of crypto users don't even know that BGL exists. We will see if there will be a change in price before and after the halving date, a week from now.
hero member
Activity: 2156
Merit: 711
Telegram @tokensfund

Theoretically, after a halving, over time, the price of a coin can rise in value. Should BGL be viewed as a store of value similar to Bitcoin, or is it created for what else?  Is there a link to a roadmap?

Only 21M total supply, one good exchange will send the price to mars. Investors should hold it as a store of value.
hero member
Activity: 2520
Merit: 711
Estimated halving date: Sun Mar 28 2021


Theoretically, after a halving, over time, the price of a coin can rise in value. Should BGL be viewed as a store of value similar to Bitcoin, or is it created for what else?  Is there a link to a roadmap?
legendary
Activity: 2380
Merit: 1132
Estimated halving date: Sun Mar 28 2021

Usually, if there is a moment of halving in POW coins, the price begins to increase. I wonder how it will be here? I see the ads, I see the signatures of this coin. Maybe now is the time to buy BGL.
hero member
Activity: 2156
Merit: 711
Telegram @tokensfund
Estimated halving date: Sun Mar 28 2021

legendary
Activity: 2744
Merit: 1706
bitgesell.fun & bitgesell.space
I stopped doing this it's been 3 days of a running node for 15 hours and my address or information is not showing on nodes participating...
I have a running node for Windows and for Linux. I don't see my Windows node in this list https://bglcontest.bitaps.com/nodes_list either. But run command BGL-cli getpeerinfo for the rented Linux VPS I see a node for Windows...
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform


Windows firewall is set to allow incoming connections on any TCP port, still not working. Ubuntu doesn't recognize the wifi card. Spent way more than 5 minutes to make it work.
I stopped doing this it's been 3 days of a running node for 15 hours and my address or information is not showing on nodes participating, I have the right set up but it's just won't work on my end, lucky that I am on a signature campaign I will still get free BGL, but looking forward to coming back after the campaign if they still have this contest.
newbie
Activity: 3
Merit: 0


I am up for more than a week now, but I can't find my node in the list. Running on windows.

If you run BGL on windows, it functions as expected, but to get your node fully working as full node, you have to allow incoming connections because otherwise windows firewall would block them by default, so other nodes won't see yours. Port is TCP 8454/8455 for BGL mainnet.
Or you can run node on Linux (e.g. on affordable VPS - there are instructions here, it's really easy https://bglcontest.bitaps.com/node_setup)





Windows firewall is set to allow incoming connections on any TCP port, still not working. Ubuntu doesn't recognize the wifi card. Spent way more than 5 minutes to make it work.
legendary
Activity: 2744
Merit: 1706
bitgesell.fun & bitgesell.space
I can't figure out where is the best place to install the node?

https://bglcontest.bitaps.com/node_setup - here it is written about the operating system on Ubunty

https://bitgesell.medium.com/how-to-run-your-own-bitgesell-node-in-less-than-5-minutes-1b7f565f1ed0 -  here it is written about the operating system on Windows

Where would it be better to install the node, on the Mac Os is it even possible?
I use both choice Windows and Linux node. Don't forget to remove the "" if you use Windows. Linux option is preferable because the cost of the Linux server is less.
jr. member
Activity: 212
Merit: 1
give me back my 2008
I can't figure out where is the best place to install the node?

https://bglcontest.bitaps.com/node_setup - here it is written about the operating system on Ubunty

https://bitgesell.medium.com/how-to-run-your-own-bitgesell-node-in-less-than-5-minutes-1b7f565f1ed0 -  here it is written about the operating system on Windows

Where would it be better to install the node, on the Mac Os is it even possible?

copper member
Activity: 161
Merit: 67
It would be nice to hear from the developers how they evaluate the work of the nodes and conduct the lottery.

Hi guys!
The nodes are picked randomly throughout the whole week range. Nodes are crawled hourly.
The more hours node is online - the better the chance for it to be in winners list.
It does not make too much sense to bring up nodes for short time when the period ends (and we see this behavior lately, up to 40+ nodes appear).
It would be more efficient to bring 2-3 nodes online constantly.
probability of win for 40 nodes for 4 hours (~160 points) roughly equals 1 node online for 1 full week (24*7 = ~168 points)

You can see hourly updated nodes list at: https://bglcontest.bitaps.com/nodes_list (and can check that it's better to have constantly running node to win rewards)

I am up for more than a week now, but I can't find my node in the list. Running on windows from uk.

If you run BGL on windows, it functions as expected, but to get your node fully working as full node, you have to allow incoming connections because otherwise windows firewall would block them by default, so other nodes won't see yours. Port is TCP 8454/8455 for BGL mainnet.
Or you can run node on Linux (e.g. on affordable VPS - there are instructions here, it's really easy https://bglcontest.bitaps.com/node_setup)



Congratulations to the winners of the node incentive program!
https://bglcontest.bitaps.com/nodes
2021-03-15
Total network nodes: 101
Here's winners list:
bgl1qetl6c3d59qxczh63xa4s5qxk877g3adwmc98qe
bgl1qfryklj67hsew4c2g6sfkghu3a04pejy64utqzv
bgl1q6kr0cw5340x3fymr292kh9wymjk987yc92je5p
bgl1qyz90r3v73eaa5mqf2y9e90yn5d8ecsz4jll6dw
bgl1q5cupsfj5qd4qydn088x9s2qglcx62jzhgl7avp
bgl1qjr8mtyknmhg9qjaqs63dz9guvhhr3aej4wm356
bgl1q4zvh8frfemykwqylwll7adxm08d9ald2rpgpzy
bgl1qwhj2n5rapuhm39fgvkjxpc7kk54dlf7dnxhjdg
bgl1q4c7w22u7fap6f488dag2fxxwn7hualnrfv96yx
bgl1q23ax63htl26u5jz4cj2pc4nfl7tuspcpuqg2uh
bgl1qns07wz0nr87cshr2cfeazdwapz9r86wq4q4wyz
bgl1qtc0rgayajz6ad6rt2dlc0jg6c5k8gqudfl495v
bgl1qcdffh6ssruhvt6dek9gn77ycakw0psq6wc0ftp
bgl1qfcatk2r0jq7v68dkyq32lnx7ejh4qgqfv3zzp0
bgl1qqfzheu2n0n82m4z58fjxwkwz26gj2nhasxfuf8
bgl1qq8ky6yuhve7zhpxwq6g8kd3t67cmj7wj3u8hs8
bgl1q4hm0lg57fkcvm6td4z7fhzzqc5t3thtj24prm5
bgl1qaqvvvpdhkuwqvtqduur7ng9yhukvhha8y99ycq
bgl1qajp8s70haxqhwa04p8v5qwwqk9sxzv8q4fsyxa
bgl1qmqeuy0lm3h0cauyw2hvfh8nthc68pncpj8dlgz
The reward is 1050 BGL for everyone.

Congratulations to winner of the transaction contest!
https://bglcontest.bitaps.com
block #50549
2021-03-14 16:28
The address bgl1qyek697qhpjygwk52uzz8pmwy5k0cpqlg9ysw9c (108092 transactions)
The reward is 5250 BGL

Reward txid is 458322a9415d3cc14a5bf3b6c305d165fbf2540e3182d7b7262927965bd024eb
newbie
Activity: 3
Merit: 0
It would be nice to hear from the developers how they evaluate the work of the nodes and conduct the lottery.

Hi guys!
The nodes are picked randomly throughout the whole week range. Nodes are crawled hourly.
The more hours node is online - the better the chance for it to be in winners list.
It does not make too much sense to bring up nodes for short time when the period ends (and we see this behavior lately, up to 40+ nodes appear).
It would be more efficient to bring 2-3 nodes online constantly.
probability of win for 40 nodes for 4 hours (~160 points) roughly equals 1 node online for 1 full week (24*7 = ~168 points)

You can see hourly updated nodes list at: https://bglcontest.bitaps.com/nodes_list (and can check that it's better to have constantly running node to win rewards)

I am up for more than a week now, but I can't find my node in the list. Running on windows from uk.
copper member
Activity: 161
Merit: 67
Hi guys!

Matt created a PR towards Ren multichain integration (https://github.com/renproject/multichain/pull/78). What this means:

- Ren is a project that can act as trustless solution that can integrate multiple blockchains. I am sure you've heard about renBTC ERC20 token. The difference between renBTC and WBTC is significant: both represent bitcoin on ETH mainnet, but in case of WBTC it's custodians that act as trusted parties holding BTC when WBTC is issued and burn WBTC when BTC is released back. In Ren project, custodiary access is distributed so no single entity knows the private key that holds coins on a chain.

- BGL has significant BTC compatibility in terms of RPC, block structure and UTXOs approach, making it a great candidate for integration with Ren.

- Making Ethereum and Binance SC token integration could provide ability to make some DeFi-related products, such as providing liquidity mining, staking and DEX (Uniswap, Pancakeswap etc).

Hopefully this is achievable, and if anyone has connections with Ren project maintainers we are very much open to communication and if you could drop them a line about Bitgesell or help with this moving forward, it would be super great too.

When we have integration with Ren (or other proper ETH/BSC integration), we will launch hackathon BGL "DeFi Space Invaders" for any DeFi related applications.
member
Activity: 450
Merit: 10
It is better to use the 18 or 20 version of Ubuntu. I tried to deploy node for Ubuntu 16. The problem is that it lacks or minor versions of many libraries. In his case that libc6 version 2.27 and higher requires libgcc1, and libgcc1 requires libc6. It's an endless cycle.

Hi, they can use that version for 16.04, it has static libraries in the wallets https://github.com/Original-Tasty/bitgesell/releases/download/v0.1.6/bitgesell_linux-gnu_1604_x64.tar.gz
Thank you, it helped me and now I'm back on my game! I synchronized the chain, but so far I have not found my node in the list. I'll wait.
Glad it helped  Smiley, probably that the list updates every hour so have to wait a bit yes

I see you already in list now


legendary
Activity: 2380
Merit: 1132
It is better to use the 18 or 20 version of Ubuntu. I tried to deploy node for Ubuntu 16. The problem is that it lacks or minor versions of many libraries. In his case that libc6 version 2.27 and higher requires libgcc1, and libgcc1 requires libc6. It's an endless cycle.

Hi, they can use that version for 16.04, it has static libraries in the wallets https://github.com/Original-Tasty/bitgesell/releases/download/v0.1.6/bitgesell_linux-gnu_1604_x64.tar.gz
Thank you, it helped me and now I'm back on my game! I synchronized the chain, but so far I have not found my node in the list. I'll wait.
member
Activity: 450
Merit: 10
It is better to use the 18 or 20 version of Ubuntu. I tried to deploy node for Ubuntu 16. The problem is that it lacks or minor versions of many libraries. In his case that libc6 version 2.27 and higher requires libgcc1, and libgcc1 requires libc6. It's an endless cycle.

Hi, they can use that version for 16.04, it has static libraries in the wallets https://github.com/Original-Tasty/bitgesell/releases/download/v0.1.6/bitgesell_linux-gnu_1604_x64.tar.gz
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