Topic: [ANN] EtherBTC Hybrid Cryptocurrency Thread - page 2. (Read 1408 times)
I just registered for the EtherBTC 2018 Airdrop and you can, too! Go to https://etherbtc.io today!
nice project!
I thinks, it's success!
I thinks, it's success!
Sounds similar to the new born eBTC. The difference is that the latter adopts airdrop rather than ICO, which gave eBTC a community instantly as well as massive market awareness that created demand. 
We offered a bounty program at the very beginning, but once the ICO went live on 8/16 the bounty program was discontinued.
We've had a tiered pricing structure to encourage people to purchase at each level. Tier 3 pricing of $2 each ends on 9/23, at which time Tier 4 pricing will begin at $2.50 per coin. Then on 10/7 our ICO will conclude and ETHB will be listed on an exchange.
We plan to list a small amount of ETHB on the exchange at $4 per ETHB and will take a supporting role to help drive traffic to the exchange from our website and make sure there is enough supply to support sales while being careful not to oversupply and cause prices to decline. Our objective, once on the exchange, will be to foster an environment conducive to rising values.
We've had a tiered pricing structure to encourage people to purchase at each level. Tier 3 pricing of $2 each ends on 9/23, at which time Tier 4 pricing will begin at $2.50 per coin. Then on 10/7 our ICO will conclude and ETHB will be listed on an exchange.
We plan to list a small amount of ETHB on the exchange at $4 per ETHB and will take a supporting role to help drive traffic to the exchange from our website and make sure there is enough supply to support sales while being careful not to oversupply and cause prices to decline. Our objective, once on the exchange, will be to foster an environment conducive to rising values.
There is any bounty?
What you're getting at is the very essence of "where does value come from?" What makes one crypto worth more than another? What is unique about ETHB that will give it an advantage compared to others?
I'm sure there are other ERC20 tokens that also have a limited supply of 21,000,000 (and maybe even less). The question is, does anyone really care? Does scarcity alone create value. To which I would answer, "No." You could have the only one of something in the world, but if no one else values it, it will only have value to you.
The reason bitcoin reached $5,000 is because of massive market awareness that created demand. There are other coins forked off of the same code that offer more privacy, quicker transaction speeds and that are also growing in real world adoption ... so where does bitcoin get it's "digital gold" status from?
I contend that value comes not just from supply, and not just from functionality, it comes from demand. We are able to control the supply to an extent, but we are not able to control demand. We are, however, able to do our very best to create awareness of ETHB and stimulate demand. The FOX article is an example of that.
There's only one reason someone is willing to part with $3,600 - $5,000 for a bitcoin, and that's because whoever buys it expects it to go up in value over time. What makes EtherBTC different and gives it a competitive advantage is that it has been designed with the marketing objective to grow its value over time, too, by restricting supply and creating awareness in order to stimulate demand. It's the intangible beyond the code that will cause ETHB to succeed.
I'm sure there are other ERC20 tokens that also have a limited supply of 21,000,000 (and maybe even less). The question is, does anyone really care? Does scarcity alone create value. To which I would answer, "No." You could have the only one of something in the world, but if no one else values it, it will only have value to you.
The reason bitcoin reached $5,000 is because of massive market awareness that created demand. There are other coins forked off of the same code that offer more privacy, quicker transaction speeds and that are also growing in real world adoption ... so where does bitcoin get it's "digital gold" status from?
I contend that value comes not just from supply, and not just from functionality, it comes from demand. We are able to control the supply to an extent, but we are not able to control demand. We are, however, able to do our very best to create awareness of ETHB and stimulate demand. The FOX article is an example of that.
There's only one reason someone is willing to part with $3,600 - $5,000 for a bitcoin, and that's because whoever buys it expects it to go up in value over time. What makes EtherBTC different and gives it a competitive advantage is that it has been designed with the marketing objective to grow its value over time, too, by restricting supply and creating awareness in order to stimulate demand. It's the intangible beyond the code that will cause ETHB to succeed.
So the coin is an Ethereum token that has fixed it's supply quantity to match Bitcoin and has a plan to promote stable and increase price?
Is there something I'm missing that makes this different from coins/tokens with a similar supply?
Is there something I'm missing that makes this different from coins/tokens with a similar supply?
EtherBTC is a hybrid cryptocurrency combining the Ethereum blockchain with the limited nature of bitcoin. As an ERC20 token built on the Ethereum blockchain, ETHB is able to utilize the existing Ethereum infrastructure, and will benefit from innovations developed by Vitalik Buterin and his genius team of programmers. Unlike Ether, which has no limit, there will only ever be 21,000,000 ETHB, the same maximum number as bitcoin.
The EtherBTC ICO began on 8/16 and concludes on 10/7. It can be purchased for less than $3 per coin using a number of different cryptocurrencies. On 10/7/17, ETHB will be listed on a decentralized Ethereum exchange and will only be able to be purchased using ETH.
To learn more, please visit: https://etherbtc.io
The EtherBTC ICO began on 8/16 and concludes on 10/7. It can be purchased for less than $3 per coin using a number of different cryptocurrencies. On 10/7/17, ETHB will be listed on a decentralized Ethereum exchange and will only be able to be purchased using ETH.
To learn more, please visit: https://etherbtc.io
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