Topic: [ANN][Main] Bitcore- BTX - Datacarriersize up to 220 bytes - page 875. (Read 729875 times)

Suggest doing some linear combination of the following in order of priority:

1) Fund BTX onto a major exchange (Bittrex)

2) Airdrop

3) Reserve fund for use cases.

Everyone with 10+ btx in their wallets knows how to do airdrop...Sick.

I have come up with a plan that is in between what would benefit the community and what the devs currently want to do which I think is an ideal situation. There are a few assumptions in my projections below. I am assuming that BTC to BTX claiming keeps at the current rate since the beginning of the claiming period at about 21000 per week. This could increase which would shorten the 3% weekly airdrop period but I simply had no idea how to guess this so I stayed with the current rate. I have mining being at a rate of 12,600 per week which is right along what the coin should ideally be given a perfect block time. The airdrops are also assuming that every wallet has 10 BTX which is not the case but it is simply a baseline. On October 30th, my plan would have 25% of all remaining unclaimed coins going to the BTX holders, 10% of unclaimed coins going to devs, and the .4 BTX to 1 BTC ratio to BTC holders. The rest would be left for continual 3% weekly airdrops which would tentatively go on until about February 26th. Again, this could be shorter or longer depending upon how many of those mythical BTC holders actually claim their coins. I think this is a reasonable solution which would provide BTX holders with a substantial drop that was similar to what was promised in the beginning, it would also allow the devs to continue air drops for a few more months, and also drop or continue the claiming to BTC holders. Tell me what you all think but this is the best I can come up with that would please everyone. Take in mind that the numbers are not exact but they are extremely close.

https://imgur.com/a/GJq27

*Edit* If this corresponds with some serious development, marketing, and other good news then I don't really think the coins in circulation will drop the price much if any at all. This plan still actually continues the things that currently are drawing people to BTX but rewards those that deserve it. I do own a substantial portion of BTX so I obviously stand to benefit from the above distribution more than the current model proposed by the devs. That being said, I really do believe it is the best thing to do for everyone in the long run.

I still need a module for node-multi-hashing   

I don't think so. The more people has this coin the more popularity it will become. So I would say stick with the drops please.

the position btx is in now is unique. Its resonable to make 3% weekly airdrops without anyone asking about inflation. These airdrops are the main reason btx is getting momentum: Our Fuel to send this rocket to the moon. Why waste 4 million of this fuel in nov?
As far as i can see noone from the community sees a benefit in dropping these coins to the btc holders.

I agree with this analysis, which in my view is very much reality based. I would add that looking for other ways to increase the adoption base could be beneficial for the long term value of the coin and they should be pursued. Perhaps a bounty campaign would be great. But we should forget about giving tons of BTX to BTC holders who couldn't care less in this moment.

There are two reasons why I think the new plan can be improved.

First, the rewards are too insignificant to peak any interest from BTC owners.  For every BTC you own (value of $3650) you will get .4 BTX (value of $1.94).  Most people will have too little BTC to bother retrieving the BTX even if they know about and believe in the project.  I'm a big believer in the project and I have a small amount of BTC but I won't even bother claiming it, its just not worth my time.  On the opposite side of the spectrum you have the whales.  For every $1million dollar worth of BTC that one owns, they will get a mere 111 BTX or less than $550.  Second, BTC holders just recently received a coin that is in many ways similar to BTX, BCH, and we have already seen what they did that coin.  The whales dumped it for a quick profit.  BCH got off to a good start because very few people could trade it early so most couldn't dump it all at once.  Instead the people that had the BCH available to trade were those that were too lazy or simply didn't care enough to transfer the coin off the exchanges, ironic.  This meant there was very few sellers so the coin benefited from the low volume.  BCH is dying and its continually on the decline.  Look at the blocks, no one is doing anything with the coin.  BTX won't benefit by low volume after a BTC airdrop because the exchanges already list BTX and there would be a mass sell-off/panic sale.

We miners and BTX hodlers are the real believers in the coin.  We are the ones who will, yeah maybe take some profits, but will for the most part keep our bags full.  There is going to be a dump once the airdrop either way but if the dedicated followers of BTX get a larger stake of the airdrop then at least our stake won't be diluted.

*Disclosure, I hold a very small position in BTX (14 coins that I mined) so I don't even stand to benefit as greatly either way.  I do have my biases but I really believe in the above.  In the end it won't be a lifechanging event for me anyways but I would take a personal gratification to see a coin I closely follow really take off and I think we can get there quicker.

Either way the devs are doing a great job and I will be loyal either way.  

It means your CPU has very few hashrate and can't find any share.  Look for another pool with lower stratum difficulity if you really want use CPU

Some suggestions for upcoming drop

1) I would not mind seeing 25% of the unclaimed coins be sent out to loyal BTX holders!
2) Burn unclaimed BTX (if such small % is claimed and you want marketcap increased this makes sense)
3) Make the weekly drops 5-10% with increasing airdrop rates. As well as add signatures, bounties, and whatever else needed for guerrilla marketing

It isn't 25% of remaining coins but a 25% increase on everyone's balance as of October 30. I would be more ok if we were to get dropped 25% of unclaimed coins in proportion to how many we own at the time of the snapshot. I get the point as far as "distributing" coins and them remaining off of the market but that is kind of market manipulation. Those coins would essentially be distributed but not really which would artificially increase the market-cap but it would not be organic in any way shape or form. To me it would be beneficial to just continue a higher rate of the weekly airdrop which would incentive getting into the coin and also holding it for us long time bitcore holders.

hey everyone... i like this project so much. because of that i started with mining of BTX. But now, i need your help please.
I mine BTX with my GPU with the sgminer, it works pretty well. Now i will mine with my CPU too. Wrote a .bat and the miner start, but i doesnt work i think. because it shows me only my hashrates and only "new block detected".
I mine with the suprnova pool..create there two workers..user1 for GPU and user2 for CPU... GPU and user1 works..but when i start the cpu miner it shows my, like i wrote, only the hashrates and on suprnova under worker and the worker user2 for CPU shows me nothing.
i think my .bat is wrong, can somebody help me ?

so DEVS, what will happen with any unclaimed coins from this last BTC drop of 40%

We make Airdrops  The first Round is then 25% after then min 3% weekly.

I think that I am OK with this new distribution change.
Although it's going to mean less coins for us BTX holders, it's also going to mean there's a lot of unclaimed coins that won't be hitting the market for some time. Take Clams, it's a couple of years since that snapshot and I've only just got around to digging for those very recently.

Is the 40% to BTC holders, the 25% to BTX holders and all the intervening 3% drops going to account for all unclaimed Bitcore is all I am wondering?

Thanks for that but I'm a little silly.  How can i use that if I need a function similar to: 
or

I mean I need a hashing module for the pool

yeah I really dont get rewarding BTC holders who may not even know this coin exists. I understood the first 6 months rewarding those who enter their address, get BTX, then maybe keep investing. Ive been mining it since day 1 and doing a little trading. I certainly dont think someone who holds lots of BTC, but doesnt have anything to do with BTX deserves to get any from the final airdrops. It just doesnt seem right to those of us who have been with the project from the beginning, not that im complaining about getting free BTX, I just think the reward should not go to every BTC holder on the planet just because they hold BTC.

Yes that is how I understand it to be as well... It just doesn't make sense because they already will have had 6 months to claim their BTX at 1 to 1.... The original plan, although potentially flawed, rewarded those that were the early adopters. I suppose the majority of people that get the drop will likely dump the coin since not that many people have a substantial amount of BTC. Getting .001 BTX is so small its almost not even worth it and those that receive a lot will likely sell it for more BTC like when BCH when it first came onto the scene. Simply continuing the weekly airdrops until all the coins are circulated is the best solution. Maybe increasing the weekly payout to facilitate a speedier process is necessary but by no means do I think it is a good idea to instantly drop 7 million coins to unsuspecting BTC holders. Even if they were to go with their new plan I think sweetening the pot a little more for us early adopters would be prudent since most of us were under the impression that there would be large airdrops in steps after November 2nd. I think 25% is nice but it is a far cry from what was initially promised to us.

ok, just to clear up some confusion because some people are saying different things and I want to be clear. The original date of Nov 2 to claim BTX from BTC snapshot will be over that day. The original snapshot being taken in April 2017. Now, a NEW snapshot for BTC will be taken October 30 and as long as you have .001 BTC at that time, you will be gifted with 40% of your balance in BTX but only if you claim it like before. Am I wrong, because some keep saying its from the earlier snapshot and thats not how I read it.

Quote from Devs "We will create an actual snapshot of the bitcoin blockchain in october, the 30th. Every adress with min. 0.001 BTC will be funded with 40% Bitcore (BTX) of the total amount per bitcoinadress.
At this way, we will distribute approximately 7 million Bitcore (BTX) directly. In the end we drop around 45-50% of all nonclaimed bitcore and increase the circulation supply with around 8 millon coins."

so DEVS, what will happen with any unclaimed coins from this last BTC drop of 40%

I take it since there is no ending to the claiming period they may sit there forever if not claimed?

Sgminer??
oder cgminer?

AMD videocard  PLS!

Herunterladen.

Ya that is sort of the idea. Go to bitcore.cc and click on the claiming tab if you are interested in learning more about it. You had to have had bitcoin on April 28 at the time of the snapshot. It will be a 1 to 1 with the amount of bitcoin you had at the time.