Topic: [ANN]BitcoinPlus (XBC) / MANDATORY WALLET UPDATE / BIT-ADOPTION! - page 106. (Read 169673 times)

Good point on the stakes, I'm guessing he went 10% because of the low amount of coins + giving people incentive to hold. I'm not really sure where the sweet spot would be, 3.5% sounds nice to me as well you're not a minority.

Good idea, if dev destroys the coins I'm fine with him starting a contribution wallet for either XBC or BTC, I'd donate. He hasn't said for sure yet I'm just discussing the possibility and it seems consensus is to destroy them, which is my vote big time.

Yeah....this coin has the potential to be a great coin (BIG TIME).  I don't normally invest this early in the process, but there are a lot of things I like about it.  If the total number of coins is cut back, that makes this coin even better IMO.

I don't know if the stake % is something that can be changed or is even up for discussion, but I think a 10% stake is too high.  I like the idea of a 3.5% stake, but I could be a minority here.

Anyway, like others here, I have decided to invest in XBC and have bought up a decent amount of coins over the last couple of days.  As I write this post the Poloniex IPO is down to about 21K coins left.    

So are we killing the 50k pre-mined coins? If the dev does that, maybe we could pitch in so the dev can have 1BTC or so to buy some on the open exchange.

100% agree with destruction of all but the coins needed to put us on mintpal, and promote/develop infrastructure.

That's a good point.  Complete transparency with what happens with the remaining coins is of utmost importance.  I have seen on other coins where the devs don't release certain information about a premine, what % the devs own, etc., and it pisses a lot of people off.....and for good reason (sometimes ends in the demise of the coin).  The investors should have complete transparency.  It solidifies the quality of a coin and puts us at ease. 

Holding ~40% is a BAD idea as SeriousCions14 has stated. 

+1000000

Please destroy the coins. Keep a chunk and when the blockchain explorer is live post the wallet link in the OP and detail exactly where it goes until its gone.

You can't possibly be thinking about holding a bag of over 40% of all coins. People are going to come in this thread and laugh themselves to death, calling this another aurora coin scam. If they are to remain in existence divvy them up between IPO investors based on how many coins we're holding. if you drop 40% more coins into the market, the price will go down 40% or more and hurt everyone. Even if you give the flash drive to the pope, nobody is going to like it. Trust me its been done and fails every time. Destroy them!

I can do some side promoting as I said via pm for XBC, I highly recommend Seriouscoins and Qiwoman for the committee, you will need all the help you can get because seriously we could have something amazing here.

I'm 100% behind buying us onto mintpal, Serious is correct it would bring the masses here, we just need to get the necessities going ASAP, like the twitter/website/ Facebook . This week by Saturday all this could be done by a team, let's get to work ppl!

My vote on the remaining coins..........

10,000 for promotional purposes and building infrastructure.  DESTROY THE REST. 

I don't like the idea of releasing these coins down the road at some point.  Us as investors could take a hit if that happens.  I also don't like the idea of the remaining coins being held by one person.  Trust has to be earned.

That would be awesome especially we all know each other from Trollbox. Another trollbox member wants to be on committee too..

Im in for the committe !! I can understand dev has a full time job because im in the same situation. It doesnt mean we dont need other people to help and respond newb questions about the coin. I can be one of them. Count me in if you need !

I am glad to be of service and willing to join the committee..
MY proposals so far..
1. DEV AND COMMITTEE members have skype meeting at least once - twice a week to brainstorm and develop ideas..
2. We put these to vote for membership.
3. Get block explorer and website developed asap...Lets try to find peeps as fast as we can for these jobs..
 
4. Once IPO ends let's do a weekly google hangout 1 hour for questions and answer session for newbies etc to learn about the coin..
5. Secure a few more exchanges.
6. Develop whitepaper roadmap for infrastructure and development.

Thank you for helping the network All XBC holders should help secure their investments.

I have updated the ANN thread with everything we are currently talking about. Including 50 XBC to anyone who can successfully refer a block explorer developer.

Thank you for your responses, somebody build a good block explorer, theres usually 20 ppl lined up to do these

I'll mine on my wallet for everyone's sake, guys and gals lets take XBC to the moon.

Replying to all messages now. Fantastic work! It appears that the IPO is in its final stages.

I think I need a XBC committee!

UPDATE

My apologies everyone. I didn't realize how big this coin would get so quickly and I have full-time work commitments (I will be taking a break from work soon). The block explorer is taking a while because the person who I am discussing it with only replies once a day, this is out of my control. If anyone can get me someone to do a block explorer ASAP I will give the referee an XBC prize of 50 XBC (as long as I follow through with the recommended person). Because once I have done this, we can start working on the wallet overhaul and the website (which is basically done but very basic).

In regards to the rest of the coin supply, I thank you all for your input so far. I have carefully looked over everyone's suggestion in the thread and in my inbox. I have come to the following:

- 40,000 XBC goes into cold storage and is held by a publicly trustworthy forum member
- 7,499.99 XBC goes into promotional activites

I will be paying for the infrastructure out of the IPO funds. Otherwise, please let me know! Do you want another member to hold the funds? Have we kept enough for promotion? Do we want to use the XBC for something else other than promotion?

For example; I want to send qiwoman and poloniex some XBC for a giveway (between 0.5-1 XBC per person). This is only an early phase in our promotional efforts and we will be down 1,500 XBC (1,250 poloniex, 250 qiwoman).


You will never lose your coins. Once we choose to rename the coin (it will be put to the community vote), a rebranding won't be too difficult. At the very worse (which is extremely unlikely), XBC will have a 1:1 trade-in value. But this won't be neccesary.

XBC is a clone from NVC but it uses the same wallet interface as SHT.

10% annually

Can we please get some more people mining XBC. Simply go to help>debug window>console> and type: setgenerate true
Would you all like a multipool? Someone messaged me offering.


Roughly 52,500 coins are in circulation. We are voting on what to do with the rest

You can buy silver, gold and platinum. Let me know how your experience goes. You can even visit the vault if you live in Singapore

I like that you can already buy gold bullion with this coin.  I am going to try it to see how it works.

Wallet sync issues?

So, whats the total amount of XBC from IPO 1 & 2?

Destroy the coins. So question; coin cap is 100k (50k if all destroyed)? What's the PoS rate?