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Topic: [ANN] RootCoin [ROOT] - rootEX™ announced - ANON-tx using BitKey™- PoW/PoS/PoI - page 82. (Read 271907 times)

hero member
Activity: 686
Merit: 500
@bista
I have a question of profit model of rootEX

If rootEX is a popular exchange has a daily volume about 100BTC.(Mintpal is ~300BTC now)
with trade fee ~0.2%, exchange can earn about 6BTC per month.

If I buy 10BTC, 1% shares of root-share, I can get distribution 0.06 BTC/month.
That means it spends me 160 month to break even? Roll Eyes


exactly rootex is not profitable. i wouldn't invest in rootex.
hero member
Activity: 628
Merit: 500
Quote

we need bittrex or mintpal.

+1
legendary
Activity: 1148
Merit: 1000
I think exchanges r a must for fair distrubution. I vote 24 hrs to list on exchanges

its been on fobcoin all day no one has bought or sold a single rootcoin there yet.
what the fuck fobcoin is ,,no one knows this shit exchange,,,,https://cryptoine.com/voting#ROOT  is the same shit too ,why dev make this listed on OP. delete this nonsense exchange.

+1 we do not need cryptoine exchange platform.

we need bittrex or mintpal.
full member
Activity: 191
Merit: 100
Looks like my investment is right,now it's time to build a strong and big community just like NEM
full member
Activity: 532
Merit: 100
@bista
I have a question of profit model of rootEX

If rootEX is a popular exchange has a daily volume about 100BTC.(Mintpal is ~300BTC now)
with trade fee ~0.2%, exchange can earn about 6BTC per month.

If I buy 10BTC, 1% shares of root-share, I can get distribution 0.06 BTC/month.
That means it spends me 160 month to break even? Roll Eyes
hero member
Activity: 910
Merit: 500
I think exchanges r a must for fair distrubution. I vote 24 hrs to list on exchanges

its been on fobcoin all day no one has bought or sold a single rootcoin there yet.
what the fuck fobcoin is ,,no one knows this shit exchange,,,,https://cryptoine.com/voting#ROOT  is the same shit too ,why dev make this listed on OP. delete this nonsense exchange.
hero member
Activity: 518
Merit: 500
The blockchain is the future
I think exchanges r a must for fair distrubution. I vote 24 hrs to list on exchanges
newbie
Activity: 21
Merit: 0
@bista

how about bitKEY?

when can we get this feature, which will certainly increase intrinsic value of rootcoin and RootEX

we re still working on bitkey. the non-gui version is good-to-go.
beta-release planned for this month.

do we have some screen shots? Grin
if not, will just waiting for the beta test now.

i ll release a GUI-teaser mid next week.

Thanks for the update, will test this for sure!
also, personally, no need to rush any exchange platforms until Bitkey released.

+1
legendary
Activity: 1148
Merit: 1000
@bista

how about bitKEY?

when can we get this feature, which will certainly increase intrinsic value of rootcoin and RootEX

we re still working on bitkey. the non-gui version is good-to-go.
beta-release planned for this month.

do we have some screen shots? Grin
if not, will just waiting for the beta test now.

i ll release a GUI-teaser mid next week.

Thanks for the update, will test this for sure!
also, personally, no need to rush any exchange platforms until Bitkey released.
legendary
Activity: 1330
Merit: 1000
@bista

how about bitKEY?

when can we get this feature, which will certainly increase intrinsic value of rootcoin and RootEX

we re still working on bitkey. the non-gui version is good-to-go.
beta-release planned for this month.

do we have some screen shots? Grin
if not, will just waiting for the beta test now.

i ll release a GUI-teaser mid next week.

can't wait it!

this is what we want!
member
Activity: 112
Merit: 10
It is still cheap to mine.

At current difficulty of 422. The cost of production is 0.00009535 per coin.

did you base on current renting Nicehash.com price?

Yes



hero member
Activity: 518
Merit: 500
r00t-dev
@bista

how about bitKEY?

when can we get this feature, which will certainly increase intrinsic value of rootcoin and RootEX

we re still working on bitkey. the non-gui version is good-to-go.
beta-release planned for this month.

do we have some screen shots? Grin
if not, will just waiting for the beta test now.

i ll release a GUI-teaser mid next week.
hero member
Activity: 628
Merit: 500
It is still cheap to mine.

At current difficulty of 422. The cost of production is 0.00009535 per coin.

did you base on current renting Nicehash.com price?
legendary
Activity: 1148
Merit: 1000
@bista

how about bitKEY?

when can we get this feature, which will certainly increase intrinsic value of rootcoin and RootEX

we re still working on bitkey. the non-gui version is good-to-go.
beta-release planned for this month.

do we have some screen shots? Grin
if not, will just waiting for the beta test now.
newbie
Activity: 48
Merit: 0
It is still cheap to mine.

At current difficulty of 422. The cost of production is 0.00009535 per coin.

How do you calculate that?
member
Activity: 112
Merit: 10
It is still cheap to mine.

At current difficulty of 422. The cost of production is 0.00009535 per coin.
legendary
Activity: 1148
Merit: 1000
There are a lot of weak minded folks here in crypto and as you are aware most are 14-16 year olds. I wanted to make this post to tell you how i cannot stress the fact that 0.0001 btc each root was a bargain with 1000-9000BTC IPOS Root in reality is worth close to 0.001-0.01BTC each and NO other crypto has had an exch with anon and marketplace. Everyone should be holding as they have waited 3 weeks to get roots missing on so many other opps. To be fair starting price should be 0.001 genuinely as to stop ppl commenting on IPO as it was to benifit early investors.

It makes sense then to have a market price of 20K-50K BTC on exchange day??? Just over 1.5 million coins and all these features with beta rootKEY launched next week.
C-Cex have added ROOT on the top priority list, maybe added tomorrow.

no need to listed on C-CEX, Currently, it's not a good time and good Choice.
hero member
Activity: 518
Merit: 500
The blockchain is the future
Guys a question: how much currently does this coin cost to mine?
hero member
Activity: 518
Merit: 500
The blockchain is the future
There are a lot of weak minded folks here in crypto and as you are aware most are 14-16 year olds. I wanted to make this post to tell you how i cannot stress the fact that 0.0001 btc each root was a bargain with 1000-9000BTC IPOS Root in reality is worth close to 0.001-0.01BTC each and NO other crypto has had an exch with anon and marketplace. Everyone should be holding as they have waited 3 weeks to get roots missing on so many other opps. To be fair starting price should be 0.001 genuinely as to stop ppl commenting on IPO as it was to benifit early investors.

It makes sense then to have a market price of 20K-50K BTC on exchange day??? Just over 1.5 million coins and all these features with beta rootKEY launched next week.
C-Cex have added ROOT on the top priority list, maybe added tomorrow.
    For a known fact XC was priced at a fair value of 200k solely on the fact of their anon tech. With an crypto exchange and a new anon tech here, i think fair value should be starting 100k sats then on bittrex close to 200-300k.
full member
Activity: 124
Merit: 100
This is a real good start to a coin. If that much bought into it then it's not likely they will dump out for less. That's just plain stupid. I'm mining it.  Cool
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