☑☑☑[ANN][BSD] BitSend - online since 2014 [ Core 0.17++] - page 20.

Cent21

hero member

Activity: 1442

Merit: 578

Quote from: boomboom on August 13, 2019, 01:50:19 AM

I lost all faith in bittrex in 2017 when they introduced KYC rules without warning, and no grace period to withdraw. They basically stole millions of $ from account holders all around the world. Poloniex at least gave warning.

Best exchange option for bsd is AtomicDEX, no need to pay fees, just add the coin ourselves to a fully legal decentralised exchange with no kyc and no risk of getting hacked.

I agree with you. Bittrex was really unfair.

Poloniex was unfair too as they announced that they were going to force kyc but they were going to let customers to withdraw before that... On the contrary they suddenly introduced kyc without announcing first the exact date it was scheduled for... so the result was that many users have locked funds there. From a certain point of view this is even worse than bittrex, as customers were sure poloniex was going to warn them BEFORE locking their funds... but they didn't.

I hope that bsd quotes will go back up again.

boomboom

hero member

Activity: 1068

Merit: 523

I lost all faith in bittrex in 2017 when they introduced KYC rules without warning, and no grace period to withdraw. They basically stole millions of $ from account holders all around the world. Poloniex at least gave warning.

Best exchange option for bsd is AtomicDEX, no need to pay fees, just add the coin ourselves to a fully legal decentralised exchange with no kyc and no risk of getting hacked.

tranthidung

legendary

Activity: 2310

Merit: 4085

Farewell o_e_l_e_o

Quote from: examplens on August 12, 2019, 04:22:01 PM

BSD masternode collateral is 25000 BSD. So if the price goes back to $1, then masternode will cost $25000. You miss one number in calculation Wink

There is the biggest problem is the low daily trade volume. Just $765. Delisting from Bittrex is not a good sign.

Bittrex lost its leading position among crypto exchanges, for months. However, they are still one of good and highly trusted exchanges. Listing on exchanges (good ones, not new-born) always takes fees, and fees are huge if they are big and trusted exchanges. Furthermore, it also takes time to surpass verification and technical preparation steps to be listed on new platforms.
Generally, I agreed that delisted from Bittrex is not a good news.

Quote from: wwzsocki on August 12, 2019, 08:51:51 PM

Already delisted from biggest exchanges and the volume is only 1000$ a day which gives a total cap of 160K and 1010 place on CMC. Never thought to see such stats for Bitsend especially in 2019.

By now, I still have belief in Limx Dev, and his team, but crypto investors need solid evidence from BitSend team to maintain their belief over time, especially during such terrible period of altcoins. Whenever their belief broken, it will be so difficult to catch their attention and their capital flow back to BitSend project.

wwzsocki

legendary

Activity: 2744

Merit: 1708

First 100% Liquid Stablecoin Backed by Gold

Development of Bitsend is stopped or there are still some people working on this project? If not then this is no surprise that the price has fallen so much.

I thought that the price will finally go up or stabilize for a while when the airdrop is over but this is not the case and Bitsend lost the most of value in the last 3 months.

If there is no development then there should be proper marketing to keep Bitsend alive. Without there is no other way as to 1satoshi for 1Bitsend in very close future.

Already delisted from biggest exchanges and the volume is only 1000$ a day which gives a total cap of 160K and 1010 place on CMC. Never thought to see such stats for Bitsend especially in 2019.

examplens

legendary

Activity: 3514

Merit: 3585

Crypto Swap Exchange

Quote from: Winklevos on August 09, 2019, 09:52:23 AM

Quote from: AlUz on August 09, 2019, 08:03:16 AM

Quote from: Winklevos on August 09, 2019, 03:55:49 AM

Otherwise i think its an huge opportunity to buy Bitsend now
Good things will come and price will rise

I'm fully agree its a huge opportunity to buy Bitsend now and send coins to paperwallet for holding !!!

Yes or run a lot of masternodes for about 1-2 year

Now the cost of a masternode is +-250$
But when the price goes back to 1$ (what will happen in the next altseason) you make +-675$ a month! thats more than 8000$ in one year
+ You can sell the masternode for 2500$

BSD masternode collateral is 25000 BSD. So if the price goes back to $1, then masternode will cost $25000. You miss one number in calculation Wink

There is the biggest problem is the low daily trade volume. Just $765. Delisting from Bittrex is not a good sign.

Edlack

newbie

Activity: 42

Merit: 0

Quote from: Winklevos on August 12, 2019, 03:54:30 AM

Quote from: cryptomaxsun on August 10, 2019, 10:21:45 AM

The price began to decline strongly after the airdrop ended. Maybe it makes sense start again up an airdrop, plus a marketing campaign to promote a coin?

Normally means that if airdrop ends = no more selling presure on the market

There is also selling presure from masternodes/miners

There must come new features, partnerships, a real world use case for bitsend + a marketing campaign after that to attract buyers

But times will get better, all alts are crashing the past months

Hard times for altcoins since months, yes.
Bitsend is a trusted project, no problem about that : the dev is here since de begining and the begining is 2014 : an eternity for an altcoin, very longuer that Ethereum for example.
The problem with Bitsend is that the dev. is not very present on this thread*, the project is not very precise and the community is too small...

* the ban from bitcointalk moderators is not to help the project : very strange ban, like a lot of others olds accounts (specially the oldest with the bigger status).

Winklevos

newbie

Activity: 95

Merit: 0

Quote from: cryptomaxsun on August 10, 2019, 10:21:45 AM

The price began to decline strongly after the airdrop ended. Maybe it makes sense start again up an airdrop, plus a marketing campaign to promote a coin?

Normally means that if airdrop ends = no more selling presure on the market

There is also selling presure from masternodes/miners

There must come new features, partnerships, a real world use case for bitsend + a marketing campaign after that to attract buyers

But times will get better, all alts are crashing the past months

cryptomaxsun

legendary

Activity: 2744

Merit: 1387

Ukrainians will resist

The price began to decline strongly after the airdrop ended. Maybe it makes sense start again up an airdrop, plus a marketing campaign to promote a coin?

kumiskura

full member

Activity: 632

Merit: 122

Quote from: abudfv2008 on August 10, 2019, 06:59:06 AM

Quote from: kumiskura on August 10, 2019, 06:52:54 AM

Quote from: Winklevos on August 09, 2019, 09:52:23 AM

Quote from: AlUz on August 09, 2019, 08:03:16 AM

Quote from: Winklevos on August 09, 2019, 03:55:49 AM

Otherwise i think its an huge opportunity to buy Bitsend now
Good things will come and price will rise

I'm fully agree its a huge opportunity to buy Bitsend now and send coins to paperwallet for holding !!!

Yes or run a lot of masternodes for about 1-2 year

Now the cost of a masternode is +-250$
But when the price goes back to 1$ (what will happen in the next altseason) you make +-675$ a month! thats more than 8000$ in one year
+ You can sell the masternode for 2500$

How many coins I will get running it daily/weekly/monthly for 1 Masternode? I have been watching this project for a while but did not brave enough buying it before.
and now the price is very cheap and affordable for me.

~25BSD/day.
No sence at all. Dead coin with no development and any future.

Aw, I thought it is going to be around ~200BSD/day. If it is only around that, I do not think I can afford to pay the VPS server fee with it.
I will wait a little bit then, waiting for news and an opportunity.

thank you for your answer mate.

abudfv2008

full member

Activity: 728

Merit: 106

Quote from: kumiskura on August 10, 2019, 06:52:54 AM

Quote from: Winklevos on August 09, 2019, 09:52:23 AM

Quote from: AlUz on August 09, 2019, 08:03:16 AM

Quote from: Winklevos on August 09, 2019, 03:55:49 AM

Otherwise i think its an huge opportunity to buy Bitsend now
Good things will come and price will rise

I'm fully agree its a huge opportunity to buy Bitsend now and send coins to paperwallet for holding !!!

Yes or run a lot of masternodes for about 1-2 year

Now the cost of a masternode is +-250$
But when the price goes back to 1$ (what will happen in the next altseason) you make +-675$ a month! thats more than 8000$ in one year
+ You can sell the masternode for 2500$

How many coins I will get running it daily/weekly/monthly for 1 Masternode? I have been watching this project for a while but did not brave enough buying it before.
and now the price is very cheap and affordable for me.

~25BSD/day.
No sence at all. Dead coin with no development and any future.

kumiskura

full member

Activity: 632

Merit: 122

Quote from: Winklevos on August 09, 2019, 09:52:23 AM

Quote from: AlUz on August 09, 2019, 08:03:16 AM

Quote from: Winklevos on August 09, 2019, 03:55:49 AM

Otherwise i think its an huge opportunity to buy Bitsend now
Good things will come and price will rise

I'm fully agree its a huge opportunity to buy Bitsend now and send coins to paperwallet for holding !!!

Yes or run a lot of masternodes for about 1-2 year

Now the cost of a masternode is +-250$
But when the price goes back to 1$ (what will happen in the next altseason) you make +-675$ a month! thats more than 8000$ in one year
+ You can sell the masternode for 2500$

How many coins I will get running it daily/weekly/monthly for 1 Masternode? I have been watching this project for a while but did not brave enough buying it before.
and now the price is very cheap and affordable for me.

Winklevos

newbie

Activity: 95

Merit: 0

Quote from: AlUz on August 09, 2019, 08:03:16 AM

Quote from: Winklevos on August 09, 2019, 03:55:49 AM

Otherwise i think its an huge opportunity to buy Bitsend now
Good things will come and price will rise

I'm fully agree its a huge opportunity to buy Bitsend now and send coins to paperwallet for holding !!!

Yes or run a lot of masternodes for about 1-2 year

Now the cost of a masternode is +-250$
But when the price goes back to 1$ (what will happen in the next altseason) you make +-675$ a month! thats more than 8000$ in one year
+ You can sell the masternode for 2500$

AlUz

full member

Activity: 459

Merit: 100

Quote from: Winklevos on August 09, 2019, 03:55:49 AM

Otherwise i think its an huge opportunity to buy Bitsend now
Good things will come and price will rise

I'm fully agree its a huge opportunity to buy Bitsend now and send coins to paperwallet for holding !!!

Winklevos

newbie

Activity: 95

Merit: 0

Otherwise i think its an huge opportunity to buy Bitsend now
Good things will come and price will rise

mindrust

legendary

Activity: 3276

Merit: 2442

Quote from: Winklevos on August 03, 2019, 07:20:20 AM

Why

Please give a reason why bitsend is worthless now

Not enough adoption. It was pure speculation like most altcoins. No use case, copy/pasta code, no real development... LTC is the same but it was one of the first. (and it is still going down)

Look at crap like NANO, even though it is being shilled heavily it is still falling apart. What makes you think BSD has a chance in the current situation of the markets no? (there is literally no shilling going on for BSD)

You should have known that when getting into alts.

Winklevos

newbie

Activity: 95

Merit: 0

Why

Please give a reason why bitsend is worthless now

abudfv2008

full member

Activity: 728

Merit: 106

Seems that all LimX dev coins end up the same. Total dump 99% after airdrop finished -> next stop 1sat.

bspus

legendary

Activity: 2165

Merit: 1002

Quote from: Cent21 on July 27, 2019, 10:35:45 AM

Quote from: bspus on July 27, 2019, 02:30:16 AM

Quote from: Cent21 on July 26, 2019, 11:43:00 AM

And what about those masternodes services that let you create a masternode without loosing control of your funds?

I remember i've read somewhere about one of those services, but i don't remember where... Anybody knows it? How much will cost a masternode there?

Why would you ever lose control of your funds? Sure you lock your collateral, there is no way around it.
But you can unlock and spend it any time. Of course, the masternode will cease to operate at that point.

I mean that i'm talking about a service that gives you the ability to create a masternode server just using your public key.

There are a few sites that need you to deposit your funds to an address of which you don't control the private keys.... That's NOT what i'm looking for as the risk to be scammed is too high.

You don't need to do that. The funds are locked but in your control. All you need to provide to that service is some kind of masternode specific key that you generate and some transaction hash for the collateral.
They can't get your funds from that. Worst case scenario, they can steal your masternode payments but you'll figure it out almost immediately and stop the service.

Edlack

newbie

Activity: 42

Merit: 0

Quote from: Cent21 on July 27, 2019, 10:35:45 AM

Quote from: bspus on July 27, 2019, 02:30:16 AM

Quote from: Cent21 on July 26, 2019, 11:43:00 AM

And what about those masternodes services that let you create a masternode without loosing control of your funds?

I remember i've read somewhere about one of those services, but i don't remember where... Anybody knows it? How much will cost a masternode there?

Why would you ever lose control of your funds? Sure you lock your collateral, there is no way around it.
But you can unlock and spend it any time. Of course, the masternode will cease to operate at that point.

I mean that i'm talking about a service that gives you the ability to create a masternode server just using your public key.

There are a few sites that need you to deposit your funds to an address of which you don't control the private keys.... That's NOT what i'm looking for as the risk to be scammed is too high.

I have never read anything about this kind of services.
It seems it is impossible to do because all the collateral must be sent in one transaction in a unique address.
Be carreful to not be scammed...

mindrust

legendary

Activity: 3276

Merit: 2442

Market cap became 176k on CMC. 1010th rank. The coin just went back its 2016 prices before everything started.

If this was still listed on a few decent exchanges I would say buy some but now we don't even have exchanges to trade this thing other than livecoin. It became so cheap if it ever reaches its ATH prices again, for every buck you spend on this, you'll get like 270 more. Very impressive but also very unlikely.

Topic: ☑☑☑[ANN][BSD] BitSend - online since 2014 [ Core 0.17++] - page 20. (Read 384726 times)