Topic: [ANN][Main] Bitcore- BTX - Datacarriersize up to 220 bytes - page 875. (Read 730297 times)

About 70% of the coins would not be within any of the devs account on Oct 30. Just look at the spreadsheet and if anyone has questions then I am more than willing to answer them. This would likely be enough to allow us to get on Bittrex and potentially other exchanges. Byteball is currently less distributed than Bitcore would be under this plan and they are currently listed on Bittrex. My plan literally drops all the coins to the BTC holders that the devs wanted to in their plan, provides us BTX early adopters with a larger air drop reward that is closer to what was initially promised, and also continues the 3% weekly distribution for a few more months which invariably would bring new users and maintain our base. I really cant think of a better scenario than this for the devs and for the rest of us. The rest is up to the devs to be a little more transparent and forward thinking about future development.

I think the airdrop for BTC holder can bring our community. That's a good thing. Much coins include in the minority is dangers.
But there are not so much BTC holders will claim their BTX except the BTX price is more than 100 $.  

I implore you to reconsider since this proposal is extremely well thought out. I am going to be brutally honest here. What would tank the price more is the devs not doing as promised. Everything is about managing expectations. The majority of the people here are here for 3% airdrops and a larger distribution towards the end of the claiming period. This plan is a hybrid which truly benefits all parties involved including yourselves. In reality, it is actually harder on the market to go with your plan because it doesn't provide any real incentives moving forward. You want to know why that 300-400% airdrop wont do much to negatively impact the price of the coin? Because of the continuance of the 3 percent airdrop in my proposal. Nobody in their right minds would sell when they know they are going to receive 3% weekly airdrops after a large distribution like that. If anything it would likely positively impact the price. Once February rolls around then there may be an incentive to cash in on profits but at that point the landscape should have changed a little bit. You, as the dev, should have gotten us listed on some larger exchanges so we will have a lot more buy support. We should have a roadmap displayed and some additional development done with the coin. I really thought this one through and it would be in the almost everyone's benefit to go with my proposal.

wow, you will get rich in future! A good approach

I got mining going with gpu. I am getting around 15-18mh/s. Can i now add cpu mining aswell and how to do that?

 i bought 1500 btx ,just for airdrop every week.

On October 30th, my plan would have 25% of all remaining unclaimed coins going to the BTX holders
The solution with 25% direct to the BTX holder is a 300 - 400 % Airdrop. The idea is nice but very hard for the market.

it would also allow the devs to continue air drops for a few more months
The Airdrop is only with signature and address possible. It is not our goal  to claim with the dev found.

Thank you for your proposal and hard work 

Better than I could have articulated. Well said, man I wish they had a clap emoji **claps now** 

This for sure is the best idea and will skyrocket the price by the end of the year.

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.