Topic: [ANN][Main] Bitcore- BTX - Datacarriersize up to 220 bytes - page 869. (Read 730297 times)

only the more efficient would survive 

If LTC (scrypt asic) can be swapped for VTC (gpu), BTX should be in the same position too

Depends on the current price. Maybe someone in this thread is right, maybe you, maybe none of us. It's hard to find something between so many opinions. All my hopes is on the team, I believe them and their chosen path. So I'll hold till Valhalla 1000$ each.

Will there be if you know you can get a 66% increase in the number of coins you can hold in the next 4 months if you stay put? Those compounding 3% weekly air drops will add up on a large distribution so it will be smarter to stay put. Would you sell under those circumstances?

I don't think, that it's the good idea. Really. Maybe market don't even react on +25% drop (about 250-300k coins), but there will be a huge dump with 4kk for sure.

Ya I have always produced fairly sound logic on why the larger and quicker distribution would be the better choice but all the other side talks about is the potential for a big dump without providing sound logic and proof on why it would happen. In the long run I think my choice is the best because it allows the coin to take the necessary steps to move forward rather than delaying things even more. People have talked about the number of coins just being a number but the same can be said for the nominal price of the coin. The market cap is all that matters and as long as there is good development and increased adoption then this coin will have a bright future regardless. My plan simply speeds that process up and I suppose puts the devs in a position in which they will need to provide results in a time crunch. That would largely be in that February time frame when weekly distributions would end and then we will have to be on a larger exchange and integrated into more crypto related business processes.

yes...its possible...but believe me,...atomic swaps have also their disadvantages for the coin economy...can you imagine, if we are 2 years later, and we can atomicswaps almost all coins? we would end up with the same price in ALL coins...the coins could be deadtraded to an average...so...we have to observe that.

Greetz
Steve

Hello! I've been accumulating BTX since September 8, I saw a Tweet about it and it called my attention. Glad to see that drop on October 30 is 25%. I agreed with comments saying that if you do a big drop many people will dump, but on long term it doesnt matter. Just look at Bitcoin cash. With that say, I was wondering if you guys have bounty thread for Bitcore?, I will try to get in contact with a Team member in Telegram. We would love to make videos for Bitcore, and if you are doing bounties why not benefit from it , if you are Not we will be making videos about regardless. Thank you!

devs, are atomic swaps possible with BTX ? Like LTC did days ago?

That's right, the current model proposed by devs gives +25% to addresses with 10+ BTX.
However gwestcot suggests a drop of 25% of remaining coins. That's almost 4M right now.

Ya he could have disagreed in a more polite manner... But you also resorted to name calling. Lets refrain from doing that since it solves absolutely nothing.

Shut your mouth, you filthy animal Show some respect! If you think that you can do better, then you should go start your own coin.

I suppose it is a risk but there are risks on both sides of the equation. The devs proposal makes the project look illegitimate to anyone who comes across bitcore and it also makes it harder to get on exchanges. To me distribution in a quick but efficient manner is essential. I don't necessarily think that many "whales" will sell their coins just for the sake of the pump and dump and if they do then the coins will get bought on the cheap by people who believe in the project. I suppose I am no whale but as a disclaimer I will say that I am now a top 100 holder of BTX and I will continue to accumulate in large numbers. At any rate, Bitcoin Cash is a good example to look at. People received 1 to 1 with BTC and then people dumped it in mass numbers... As time went on the price recovered because people that believe in the project bought more on the cheap. The same sort of thing will happen with BTX and the market will reach an equilibrium as it always does in a free market. Trying to restrict supply to keep the nominal price per BTX higher is basically market manipulation and I don't necessarily welcome that. Additionally, many of us got into BTX and were tentatively told that there would be drops in steps and now the plan has changed. I think my plan makes more people happy than does the dev's plan. It would also free up the devs to simply work on the organic development of the coin and in return the price would most definitely follow.

When did 25% of 1kk become 4kk? I always thought that it 250k...

Received the airdrop thanks

I disagree. With your use of language as well as with your claims. The main reason most BTC holders haven't claimed their BTX yet is the fact that Bitcore is still a project flying under most people's radar. I hope this circumstance is currently changing. Anyway, if the price for BTX continues to rise, I am pretty certain many BTC holders will claim their coins, maybe even a year from now or later.

Dropping 4M coins to BTX holders all at once when the current supply is only 1.3M like gwestcot suggests will surely result in a massive dump and is short-sighted, any other projection is illusional - not everybody holding BTX cares about it. If there are some whales looking at BTX as a short term pump-and-dump a 3x increase of coins will certainly result in a massive dump. These guys will not care that they get +66% in the next few months.

I would highly recommend to stick with the dev plan, if you are going to vote. It will benefit this project the most imho.

Make sure to vote in the poll in the thread below. It displays the basic three proposals that people have been talking about. Of course there have been subvariations as well but these are the main ones. Let the devs know what you guys want.

https://bitcointalksearch.org/topic/m.22183242

In defense of the devs: i agree with them. the idea to get BTC owners into the BTX world is a smart ploy i thinks. and while here, to say u don't agree because "u think differently" is a lot more sociable than saying "...devs have their heads up each others...". BAD FORM ANNA!

shivad

thanks for your thoughts in such an educated manner!!

if you ask me (and you wont) i dont care if they dont care. Devs could also burn those coins if they want to, and its fine by me.

received todays 3% airdrop

Ty very much.

I greatly appreciate you have a product and clear vision.