[ANN] RootCoin [ROOT] - rootEX™ announced - ANON-tx using BitKey™- PoW/PoS/PoI - page 82.

bitcoinwonders010

hero member

Activity: 686

Merit: 500

Quote from: r95222 on August 24, 2014, 01:11:24 AM

@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.

anhpt192

hero member

Activity: 628

Merit: 500

Quote

we need bittrex or mintpal.

+1

provenceday

legendary

Activity: 1148

Merit: 1000

Quote from: eastwind_ja on August 24, 2014, 12:46:51 AM

Quote from: ?? on ??

Quote from: Collegestudent on August 24, 2014, 12:37:12 AM

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.

escapeX

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

r95222

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

eastwind_ja

hero member

Activity: 910

Merit: 500

Quote from: ?? on ??

Quote from: Collegestudent on August 24, 2014, 12:37:12 AM

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.

Collegestudent

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

ningning

newbie

Activity: 21

Merit: 0

Quote from: provenceday on August 23, 2014, 11:41:39 PM

Quote from: bitsta on August 23, 2014, 11:18:22 PM

Quote from: provenceday on August 23, 2014, 11:12:54 PM

Quote from: bitsta on August 23, 2014, 06:37:46 PM

Quote from: cyberhacker on August 23, 2014, 06:28:14 PM

@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

provenceday

legendary

Activity: 1148

Merit: 1000

Quote from: bitsta on August 23, 2014, 11:18:22 PM

Quote from: provenceday on August 23, 2014, 11:12:54 PM

Quote from: bitsta on August 23, 2014, 06:37:46 PM

Quote from: cyberhacker on August 23, 2014, 06:28:14 PM

@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.

cyberhacker

legendary

Activity: 1330

Merit: 1000

Quote from: bitsta on August 23, 2014, 11:18:22 PM

Quote from: provenceday on August 23, 2014, 11:12:54 PM

Quote from: bitsta on August 23, 2014, 06:37:46 PM

Quote from: cyberhacker on August 23, 2014, 06:28:14 PM

@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!

btminer8

member

Activity: 112

Merit: 10

Quote from: anhpt192 on August 23, 2014, 11:16:32 PM

Quote from: btminer8 on August 23, 2014, 11:02:03 PM

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

bitsta

hero member

Activity: 518

Merit: 500

r00t-dev

Quote from: provenceday on August 23, 2014, 11:12:54 PM

Quote from: bitsta on August 23, 2014, 06:37:46 PM

Quote from: cyberhacker on August 23, 2014, 06:28:14 PM

@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.

anhpt192

hero member

Activity: 628

Merit: 500

Quote from: btminer8 on August 23, 2014, 11:02:03 PM

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?

provenceday

legendary

Activity: 1148

Merit: 1000

Quote from: bitsta on August 23, 2014, 06:37:46 PM

Quote from: cyberhacker on August 23, 2014, 06:28:14 PM

@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.

LosingCoins

newbie

Activity: 48

Merit: 0

Quote from: btminer8 on August 23, 2014, 11:02:03 PM

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?

btminer8

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.

provenceday

legendary

Activity: 1148

Merit: 1000

Quote from: ?? on ??

Quote from: Collegestudent on August 23, 2014, 09:58:33 PM

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.

Collegestudent

hero member

Activity: 518

Merit: 500

The blockchain is the future

Guys a question: how much currently does this coin cost to mine?

Collegestudent

hero member

Activity: 518

Merit: 500

The blockchain is the future

Quote from: ?? on ??

Quote from: Collegestudent on August 23, 2014, 09:58:33 PM

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.

FurianSun

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

Topic: [ANN] RootCoin [ROOT] - rootEX™ announced - ANON-tx using BitKey™- PoW/PoS/PoI - page 82. (Read 271863 times)