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Topic: [ANN][BITS][Bitstar] Now on Cryptopia, Nova and Yobit new wallet fork in testing - page 44. (Read 438035 times)

hero member
Activity: 585
Merit: 500
I get upset when I see lesser coins getting more attention/higher prices than BitStar. I know this is a long term game, but some of us (myself included) have been involved for some years so it feels like a long time even though as you say it's still the very early stages.

I feel the same. Been with BITS for 2 years or thereabouts. It's a short or long period depending on how you look at it.
In saying that, it seems some(one?) are still buying and stocking up BITS. Hopefully that's a good sign!

Just checking trading history on Polo..really really low volumes. For BITS to get noticed by other investors, there needs to be higher volume. Does anyone reading this thread how to work a trade-bot?
legendary
Activity: 1638
Merit: 1011
jakiman is back!
I get upset when I see lesser coins getting more attention/higher prices than BitStar. I know this is a long term game, but some of us (myself included) have been involved for some years so it feels like a long time even though as you say it's still the very early stages.

I feel the same. Been with BITS for 2 years or thereabouts. It's a short or long period depending on how you look at it.
In saying that, it seems some(one?) are still buying and stocking up BITS. Hopefully that's a good sign!
sr. member
Activity: 480
Merit: 250
It is the 'luring' of new investors to a coin project which fuels the pump-and-dump scam. As I have said previously, it is quite apparent that many in the cryptocurrency industry need to tone down this expectation they have of being able to throw a few satoshis at an altcoin and it will magically gain an enormous market-cap overnight.

Commerce requires solid economic mechanisms, these mechanisms need sound technical platforms and these platforms take time to develop and implement.

We are all still very much at the vanguard of cryptocurrency and blockchain technologies. Nobody in this industry at this time is late for the party, they've just got to make sure they can figure out the best gift to bring.  Cheesy


Well, the word lure is probably not the right word but I'm sure you knew what I meant. Wink

I'm here due to BITS. A vested interest of course. Been with BITS since day 1 of it's PoW.
So I want BITS to become a better & more unique coin (technically and ecosystem wise).
Also for it to be better known, more distributed & of course be worth more in price.

Just a little upset that I still can't buy a Ferrari by selling 'some' of my BITS that's all. Grin Grin Grin
Anways, keep us in the loop. Hopefully we'll get to know more about this side project real soon.

I get upset when I see lesser coins getting more attention/higher prices than BitStar. I know this is a long term game, but some of us (myself included) have been involved for some years so it feels like a long time even though as you say it's still the very early stages.
sr. member
Activity: 480
Merit: 250
hero member
Activity: 2408
Merit: 693
SecureShift.io | Crypto-Exchange
legendary
Activity: 1638
Merit: 1011
jakiman is back!
It is the 'luring' of new investors to a coin project which fuels the pump-and-dump scam. As I have said previously, it is quite apparent that many in the cryptocurrency industry need to tone down this expectation they have of being able to throw a few satoshis at an altcoin and it will magically gain an enormous market-cap overnight.

Commerce requires solid economic mechanisms, these mechanisms need sound technical platforms and these platforms take time to develop and implement.

We are all still very much at the vanguard of cryptocurrency and blockchain technologies. Nobody in this industry at this time is late for the party, they've just got to make sure they can figure out the best gift to bring.  Cheesy


Well, the word lure is probably not the right word but I'm sure you knew what I meant. Wink

I'm here due to BITS. A vested interest of course. Been with BITS since day 1 of it's PoW.
So I want BITS to become a better & more unique coin (technically and ecosystem wise).
Also for it to be better known, more distributed & of course be worth more in price.

Just a little upset that I still can't buy a Ferrari by selling 'some' of my BITS that's all. Grin Grin Grin
Anways, keep us in the loop. Hopefully we'll get to know more about this side project real soon.
member
Activity: 126
Merit: 10
to lure new investors.

It is the 'luring' of new investors to a coin project which fuels the pump-and-dump scam. As I have said previously, it is quite apparent that many in the cryptocurrency industry need to tone down this expectation they have of being able to throw a few satoshis at an altcoin and it will magically gain an enormous market-cap overnight.

Commerce requires solid economic mechanisms, these mechanisms need sound technical platforms and these platforms take time to develop and implement.

We are all still very much at the vanguard of cryptocurrency and blockchain technologies. Nobody in this industry at this time is late for the party, they've just got to make sure they can figure out the best gift to bring.  Cheesy
legendary
Activity: 1638
Merit: 1011
jakiman is back!
I think BITS needs a clearer road map to lure new investors. I guess all will come in due time.
sr. member
Activity: 480
Merit: 250
On an unrelated note, I've been really impressed with the recent Decred (DCR) project, and I'm wondering if some of their ideas could eventually be implemented into BitStar. As a simple example this website: https://dcrstats.com/ gives a great simple overview of what's happening with the Decred coin at that moment. The code for the website is open source. It would be awesome to incorporate something like this for BitStar.
sr. member
Activity: 480
Merit: 250
Here as well are syncin issues. If dev would kindly upload new fast start pack.

I second that - I know everyone is busy, but it's time for another bootstrap. Pretty please?  Tongue
sr. member
Activity: 313
Merit: 250
Here as well are syncin issues. If dev would kindly upload new fast start pack.
member
Activity: 126
Merit: 10
No problem with wallet here.

Recent issues were solved by deleting everything in the %appdata% bitstar folder except for wallet.dat and extracting the fast-start pack into it. Run the exe with -rescan and leave it do it's thing.

I think some of the older wallets being fired up in preparation for the burn process may be causing too much network weight due to the coin-age and resulting in some forks being broadcast in places.

member
Activity: 101
Merit: 10
I have 4 or 5 active connections, but my QT wallet doesn't sync anymore, since block 1542223 (3213 blocks remaining now).
I've deleted peers.dat, run "bitstard repairwallet", tried "bitstar-qt -rescan", but nothing happens.
Is there a problem on the network? (other wallets sync fine)
legendary
Activity: 1638
Merit: 1011
jakiman is back!
Thanks for the update. So who will be the main developer for the new experimental coin? Same dev as BITS?

Also, will the updated BITS wallet have a proper launch/promo/campaign or just a link to a new wallet and that's it?
It's just a little frustrating to see such a good dev team & coin be known to so few people with small market cap.  Cry
member
Activity: 126
Merit: 10
I'm trying to figure out when PoS rate of 25% switches to 10% but not sure exactly which block/date it'll do it on that's all.

I can answer this, it won't. The replacement wallet/chain that is being issued for BITS after the experimental coin has been distributed will replace the existing PoS mechanism for an APR which will be predominantly dependent on what percentage of coins are being staked across the network.

How does one perform the exchange to new bits ?

Nothing is happening to BITS until after the burn/buy has taken place for the experimental coin. This new coin is *not* a replacement for Bitstarcoin, it is a different project entirely.

Perhaps I should ask dev to include some of my posts in the OP which fully explain what is happening.
legendary
Activity: 1638
Merit: 1011
jakiman is back!
Dev, what's the block time for BITS?

Could we get the actual block number ranges for each annual stake rate put on the OP's Extra Info section to make it clearer?
I'm trying to figure out when PoS rate of 25% switches to 10% but not sure exactly which block/date it'll do it on that's all.
Also remove "Currently 18m in circulation" as it's incorrect now. Wink

From this:  

Quote
POS interest: 35%, 25%, 10% and 1% changing annually.

To something like this: (copied from another coin)

Quote
PoW Phase: [0000001-0000002] Premine amount if any
PoW Phase: [0000003-0259200] Mention end date
PoS Phase 1: PoS [0259201-0518400] 20% Approx. 180 days
PoS Phase 2: PoS [0518401-1036800] 10% Approx. 1 year
PoS Phase 3: PoS [1036801-1555200] 05% Approx. 1 year
PoS Phase 4: PoS [1555201-2073600] 01% Approx. 1 year
legendary
Activity: 1638
Merit: 1011
jakiman is back!
Promotion for the sake of creating speculative interest is frequently harmful in the long term to altcoin projects, as experience has proven time and again throughout Bitcointalk's history.

It is a difficult line to walk to generate sufficient community involvement without stepping into the realms of hype.

But in this world, without promotion, nothing sells even if it's very good. Also, new investment is usually based on potential & speculation anyways.
It can't hurt BITS if hype is based on truth IMO. Only hurts when those hypes never eventuate or dev disappears. (like so many scam coins did  Grin)
sr. member
Activity: 261
Merit: 250
I'm still waiting on the wallet to sync up guys.


How does one perform the exchange to new bits ?
sr. member
Activity: 480
Merit: 250
I think I'm going to need a new bootstrap. Ever since I upgraded my router, I can't synchronize my Bitstar wallet. It's over 21,000 blocks behind and I get gradually kicked off the network after the wallet has been running for a few minutes. I have staking turned off (although I have a lot of coins "trapped" in the staking state) but it still won't sync. I've tried restarting the wallet and it just does the same thing. My other wallets are working OK. Please post a new bootstrap ASAP. Thanks!

Doe you have Map port using UPnP checked in wallet's network settings? If not, try checking it.
I don't use any nodes in my conf file and still have 16 active connections and sync up just fine.

I have Universal Plug 'n' Play disabled on my router (as should everyone, really for security reasons IMHO) so that wouldn't make any difference. Honestly I think I may have forked somehow, and that's why I can't sync. That's why I think it will take a new bootstrap to get me fixed up.
member
Activity: 126
Merit: 10
Promotion for the sake of creating speculative interest is frequently harmful in the long term to altcoin projects, as experience has proven time and again throughout Bitcointalk's history.

It is a difficult line to walk to generate sufficient community involvement without stepping into the realms of hype.

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