Topic: [ANN] ** NEW SITE bitgem.pw ** BTG BitGem 0.4.9.ALPHA1 | COLORED COINS | FAUCET - page 25. (Read 147808 times)

For my mind the important thing to think about is how to implant protection against asics into the coin. As it is a "commodity" active it must be protected. It is interesting for me is it possible to technically update BTG with N-factor or similar feature? I think it is quite possible as long as there are still plenty of time before scrypt asics will appear on the market. But it is a keypoint to BTG. Everything other is ok (dev is working hard for the eternity of time in crypto terms with the Gems) or very easy, like renovating the website and so on. Before doing some complicated things and I'm sure the dev can do it is strictly necessary protect the coin from asics - it is not of that type))))

he has some great ideas, im sure he won't let us down, probably has his hands full, but if the community can step up too the plate like you say, we can move this along faster, very soon big investment money will pour into crypto, as people loose faith in fiat currency's, we need to be ready and in a good position for this

I think if mineral and the community coordinate the new wallet update, i think it can go well.

Like 4-5 promotions the same day the wallet update is released.

Assuming mineral can get the simple 4c system to work that is.

If he does and the community all chip in, then we can make this a popular coin.

have we got a facebook, twitter, can someone set up a forum, giveaways are a bit hard because they are so hard to get in large amounts, we must be able to think of something.

these could so easily go too 1k each with the right marketing strategy, any plans for this people? i can see mineral is working hard so is there anything we can do?

I think all Scrypt based coins are ASIC RESISTENT, but at some point someone WILL figure out how to build a Scrypt ASIC and at that point, they will become susceptible to ASIC mining.

Is Bitgem resistant to Asics?

BTG donate here

ghKADU94K1Jrs3TU21bcrri2tspx34yhjx

LTC donate here

LhJeqwwY3cS4DPidhkaHyvebgNo7rJsR4a

Keep up the good work and Bitgem will take off. 

FWIW I called Vertcoin's meteoric rise too:

Looking good mineral!!

Progress report

For now, BTG forum is hosted in cryptocointalk https://cryptocointalk.com/forum/173-bitgem-btg/, but an additional forum would be welcomed, of course

The next logical step would be to create www.bitgem.info/forums

Welcome aboard 

I really like that the dev has been present and active since May.  That's an eternity in crypto.

It was hard to do it, but I just sold my stake in Kitteh to buy BTG.  I know this is a gamble as it is very likely that Kitteh will double or triple in coming weeks.  However, I believe it will be easy for BTG to equal or surpass these gains.  Here's why:

BTG has gotten a lot of attention from traders in the past few days.  Bigger interests are moving in and slowly buying up BTG while total market cap is still around $100k.  This first big buy a few days ago resulted in establishing a new base around 4.  This is where I noticed and bought in.  Following this, the price increased 50% again in the last 24 hours, and currently seems to be hammering out a new base around 6.  At this price, BTG market cap is a mere 125k.  Rather than taking my 50% overnight profit and moving on, I immediately liquidated Kitteh for more BTG.  Why?  Easy:

Which coin is more likely to increase by a factor of 10 in the next month?  The one that has to gain $18 mil, or the one that has to gain 1mil?  Kaiser has already spoken about Kitteh.  The community knows about it and they're not buying it.. BTG is a diamond in the rough.  A unnoticed crypto with great potential for tenfold growth.  I've seen this pattern before and I'm not missing out this time.

I really love the concept behind it. I hope you can keep up and keep developing BTG!

bitgem.dyndns.org is now a no-fee pool again!

OK, now its making more sense. Thanks for the clarification.

As I explained earlier, BTG cap is currently about 24,740 BTG, but there is a theoretical hardcoded cap limit  of 500,000 BTG. Because BTG minting rate is currently only 1,000 BTG / month, hardcoded limit cap will not be reached to within 50 years. It is rather a theoretical limit.

Hi,

PoS is similar but not equals to Novacoin (whom Bitgem is forked) and BitBar. Meanwhile BitBar provides a fixed anual interest, BitGem RoI is variable on 1%-3% yearly basis, depending on difficulty. Stake is minted monthly.