Topic: [ANN][Main] Bitcore- BTX - Datacarriersize up to 220 bytes - page 870. (Read 729875 times)

I just need to park my coins into the desktop wallet and wait for the airdrop? or should i claim it somewhere?

My thoughts about BTX:

1. The airdrop rewards are a big part of the projects interest (probably largest at the moment) and should be continued. I think the original plan would have just been a dumpfest and kill most of the interest in the project because there would be no more drops and no proper future plans introduced yet. This is why I think none of the premine funds should be burned or thrown around in massive quantities without a good reason. On the other hand I think the premine should be distributed fairly quickly because It's not good that a few people control such a huge part of the coins economy. I think now it's critical to start making plans and development for the project before the distribution is finished, else the coin will lose interest. The fast transactions and blockchain capability is all good but no use alone.

2. Simply extend the BTC to BTX claiming period until there are no more premine coins left. There should be enough time to claim for everyone who is interested and the rest can just buy the coins afterwards. I don't see the point in taking a new snapshot, you will just give more to the ones who have already claimed and the possible new members of the community will get a sliced reward. Also the old snapshot way is better because all the coins would be eventually distributed to the parties who have some interest in the project and not "lost" for no reason.

3. To speed up the distribution without affecting the price negatively too much there could be a bonus program for the holders. For example:
- Create a dedicated "holding" address where you deposit BTX.
- Register that address as you would anyway with this new October method.
- First week you get 3 %. If you don't touch the BTX wallet, on the second week you will get 6 %, then 9 % and after a month it would be maxed at 12 %. The percentages can be thought out/calculated properly (no withdraws or deposits allowed except the drops, this is important so people don't create 100 small value "hold" addresses and deposit large sum to claim max bonus whenever they want it).
- If you touch this address you will be excluded from the bonus and only get the 3% going forward.
- If you want to go for the bonus again you would create a new untouched address and register it.
- No need to make future changes, clear rules going forward until there are no more coins to drop.

4. I personally think the 10 % instant drop for the devs is too much because there are too many unclaimed coins at the moment. Also I don't see much progress being done except the weekly airdrops, correct me if I'm wrong. It would be better to give the devs for example 0,1 % airdrop of circulating supply (not premine) every week. This would be a more stable reward and the further we would go with the project (distribution and price-wise), the more reward they would get.

Edit: Did some rough calculations how fast the funds would get distributed with various airdrop percentages. Starting supply 1 million and ending supply 16 million. No dev fees calculated.

3 % = 92 weeks
6 % = 47 weeks
9 % = 32 weeks
12 % = 24 weeks

Can anyone list, or point me to, the steps needed to send BTX from my paper wallet to the windows wallet I've just set up? Thanks!

Hey all, Dont forget to check out the Bitcore Facebook group! https://www.facebook.com/groups/Bitcore.BTX/   

I recommend Yiimp pool or Chainworks Industries pool. You can find them below:

http://pool.chainworksindustries.com/btx/index.php
http://yiimp.eu/site/mining

Yiimp doesn't require registration but is not very flexible, CWI requires registration but offers more options.

--ypsi

The 3% still continues under my plan and the BTC holders still get their drop to gain wider acceptance. My plan literally does everything that the devs want but in some ways it does it better. It also rewards early adopters for taking the risk in investing in a newly budding coin. This is literally business 101 here. Sigh... As I have stated before there will likely be no dump after Oct 30th in my plan because you would be leaving compounding 3% weekly airdrops on the line for the following 4 months. This means a 66% increase in your holdings and as long as it coincides with good news and development of the coin then the price shouldn't be hurt even when the airdrops finally end. The price per BTX also doesn't really matter that much anyways... The real number to watch is the market cap of the coin. Additionally, BTX will never be taken seriously as long as the devs control a substantial portion of the coins. This would be the case under their plan so it is definitely not a good look to those that are new to BTX. I am not saying they are untrustworthy but appearances really are everything in this world. The part about us not being overly intelligent is a ridiculous statement. I am only a novice coder but I definitely do excel in business thinking and investments. I am working on my MBA and even with traditional investments such as stocks I had previously found a way to triple my money in 2 years. I don't want to portray myself as being a genius but I am plenty intelligent. It's just I don't have the proper expertise to make my own coin. The same can be said for any number of people here that have their own area of expertise. You shouldn't make overarching generalizations like that.

"If you want more BTX and you don't have any BTC sitting around, then you can buy additional BTC and keep it in your wallet. However, considering the current price of BTC, you'll be much better off buying more BTX and getting a larger airdrop." You should read the entire post before commenting.

Also, if you look back in the thread, you'll most likely learn that I made a proposal before you came up with yours. My initial proposal involved increasing the percentage of the airdrops each month rather than a large payout. It's quite interesting to see how so many people have taken that part of my plan and then made it their own. However, the devs have made a great argument about the importance of adoption by getting Bitcore into the hands of BTC holders. I think it makes perfect sense. My concern was that there would be a major payout/dump of the remaining coins, but now that I understand that the 3% will continue, I am willing to see out their plan. Granted, I believe that a lower percentage payout with an increased airdrop percentage would help to drive more people to BTX, I'm fine with their plan as it stands.

Everyone here is trying to play the role of the "backseat driver". If any of us were really that intelligent, we'd create our own coins. Let the devs follow their vision. It's in all of our interest that BTX gets adopted by the entire crypto world, not just us early adopters. The more popular BTX becomes the greater its value and the more wealth for all of us.

The way to greater adoption of BTX is a steady increase in the price. When it reaches the first page of Coin Market Cap, everyone will know about it and the interest for BTX will increase. I believe that the devs had thought this out fully. They've done great this far and I'm willing to give them the benefit of the doubt.

Not at all... Have you not been reading the thread at all? Who is going to buy BTC so that you can get .4 BTX per 1 BTC? That is spending 3700 dollars to get something that is worth 5 dollars. The real reason for my plan is to reward early adopters like they were tentatively promised and to distribute out the coins at a fairly quick pace so that it brings legitimacy to the project. The devs would still be in control of 8 million coins under their plan and that still doesn't look that good to most new people that discover this coin. It has the appearances of a scam coin even though we know it isn't but appearances are everything. Hell I think my plan is a great compromise since it still drops to BTC holders but it rewards us a little more. Additionally you still can continue the 3% airdrops for a while for promotional purposes and as a check on people dumping the coin. I swear it seems pretty decent to me. This would get us on a larger exchange in no time.

did anyone know other mining pools (except suprnova.cc) who pay btx directly ?

We don't need POS or masternodes... Especially not POS! Good lord. Wider acceptance and some sound development is all this needs. It is already fundamentally better than almost any other coin out there.

Good plan. Number 3 adds some kind of POS system.
But anyway after 5-11 months when airdrop finishes without POS/masternodes and/or wide acceptance of the coin there will be a total dump.But it will be at least 5 months later. And devs will have time to do something to add real value to the coin.

My thoughts about BTX:

1. The airdrop rewards are a big part of the projects interest (probably largest at the moment) and should be continued. I think the original plan would have just been a dumpfest and kill most of the interest in the project because there would be no more drops and no proper future plans introduced yet. This is why I think none of the premine funds should be burned or thrown around in massive quantities without a good reason. On the other hand I think the premine should be distributed fairly quickly because It's not good that a few people control such a huge part of the coins economy. I think now it's critical to start making plans and development for the project before the distribution is finished, else the coin will lose interest. The fast transactions and blockchain capability is all good but no use alone.

2. Simply extend the BTC to BTX claiming period until there are no more premine coins left. There should be enough time to claim for everyone who is interested and the rest can just buy the coins afterwards. I don't see the point in taking a new snapshot, you will just give more to the ones who have already claimed and the possible new members of the community will get a sliced reward. Also the old snapshot way is better because all the coins would be eventually distributed to the parties who have some interest in the project and not "lost" for no reason.

3. To speed up the distribution without affecting the price negatively too much there could be a bonus program for the holders. For example:
- Create a dedicated "holding" address where you deposit BTX.
- Register that address as you would anyway with this new October method.
- First week you get 3 %. If you don't touch the BTX wallet, on the second week you will get 6 %, then 9 % and after a month it would be maxed at 12 %. The percentages can be thought out/calculated properly (no withdraws or deposits allowed except the drops, this is important so people don't create 100 small value "hold" addresses and deposit large sum to claim max bonus whenever they want it).
- If you touch this address you will be excluded from the bonus and only get the 3% going forward.
- If you want to go for the bonus again you would create a new untouched address and register it.
- No need to make future changes, clear rules going forward until there are no more coins to drop.

4. I personally think the 10 % instant drop for the devs is too much because there are too many unclaimed coins at the moment. Also I don't see much progress being done except the weekly airdrops, correct me if I'm wrong. It would be better to give the devs for example 0,1 % airdrop of circulating supply (not premine) every week. This would be a more stable reward and the further we would go with the project (distribution and price-wise), the more reward they would get.

Edit: Did some rough calculations how fast the funds would get distributed with various airdrop percentages. Starting supply 1 million and ending supply 16 million. No dev fees calculated.

3 % = 92 weeks
6 % = 47 weeks
9 % = 32 weeks
12 % = 24 weeks

I think that we need to stop arguing about BTC holders getting their share of the airdrop. For everyone who is worried about a new snapshot being taken for all Bitcoin holders...you should know that there is nothing keeping anyone of us from buying additional Bitcoin and holding it in our wallets. We not only will get part of the drop from holding BTC in our wallets, in addition, we will get our share for being BTX holders and then we'll continue to get the 3% airdrops thereafter. The new snapshot is not a bad thing. Many of you probably already have BTC. Just put it in your wallet and sit back and relax.

If you want more BTX and you don't have any BTC sitting around, then you can buy additional BTC and keep it in your wallet. However, considering the current price of BTC, you'll be much better off buying more BTX and getting a larger airdrop.

What are you (trying to) talking about?

it the same as bitcoin cash, just airdrop at a different time

Also there less degenerate here spamming and trying to recruit other  ** cough roger ver **

The main difference, all coin were clone from the airdrop date and place in a single wallet, if users are too lazy to claim the Bitcore, the rest of us will get some extra ...

while bitcoin cash is always going to be there ( alot of dead coin , lost keys )