Topic: [ANN][Main] Bitcore- BTX - Datacarriersize up to 220 bytes - page 954. (Read 729908 times)

Quote from: gigabyted on July 25, 2017, 01:38:36 PM

I have just noticed this project, and as it is run by a team I actually respect, I would consider investing...
Claiming (airdrop) makes little sense, as the amount one could get is really small, but the process involves something I really don't like to do - by some reason I have to sign message "BTX", which is against all best practices - as signed messages should be very specific. Would you imagine you signing a sheet of paper with just "BTX" written on it?
Please consider making the message longer and more specific, like "Hereby I claim xxx.xx BTX coins from BitCore initial airdrop." or something like that.

So the main option is buying it at exchange. However there is one more serious concern here too: the huge premine! Who is holding it? Is it on multisig secured by several indepentent escrows? I have some experience with heavily premined projects, and too often I have seen the premine being dumped on the market. Even if the one holding it, is the most honest man in the world, you never know what could happen - he could just be hacked and may loose the keys... Too much power in single hands is dangerous, regardless of who has it. There should be some guarantees.

Sorry if there is an answer in the thread somewhere, the thread is a bit long to read in full

. I searched for "escrow", found nothing.

Quoted my own message, so it doesn't get lost.

Everyone is so excited about those free airdrop coins, and nobody noticed my question above. That's why I don't like airdrop coins too much - all the talk is about free coins. Well, at least there is something to talk about, so there are positive things to this too... Roll Eyes

Well guys, excitement is great, free coins are good, but if one is going to actually invest money in something like this, the question about security of the premine HAS TO BE ANSWERED.

Christian, maybe you could drop few words in answer?

There's no premine in reality, they premined 16M to match the BTC chain and everyone that has BTC can claim theirs. In november (6 months after launch) they will redistribute 90% of the unclaimed coins to BTX owners and they will keep 10% of that unclaimed for them so they can do bounties and fund themselves...

Is this what you were talking about?

Satoshi Nakamoto should be claim your BTX -https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/
For green future BTX... Roll Eyes

Limx Dev

copper member

Activity: 2324

Merit: 1348

Quote from: drays on July 25, 2017, 01:19:50 PM

Quote from: drays on July 25, 2017, 01:19:50 PM

I have just noticed this project, and as it is run by a team I actually respect, I would consider investing...
Claiming (airdrop) makes little sense, as the amount one could get is really small, but the process involves something I really don't like to do - by some reason I have to sign message "BTX", which is against all best practices - as signed messages should be very specific. Would you imagine you signing a sheet of paper with just "BTX" written on it?
Please consider making the message longer and more specific, like "Hereby I claim xxx.xx BTX coins from BitCore initial airdrop." or something like that.

So the main option is buying it at exchange. However there is one more serious concern here too: the huge premine! Who is holding it? Is it on multisig secured by several indepentent escrows? I have some experience with heavily premined projects, and too often I have seen the premine being dumped on the market. Even if the one holding it, is the most honest man in the world, you never know what could happen - he could just be hacked and may loose the keys... Too much power in single hands is dangerous, regardless of who has it. There should be some guarantees.

Sorry if there is an answer in the thread somewhere, the thread is a bit long to read in full

. I searched for "escrow", found nothing.

Quoted my own message, so it doesn't get lost.

Everyone is so excited about those free airdrop coins, and nobody noticed my question above. That's why I don't like airdrop coins too much - all the talk is about free coins. Well, at least there is something to talk about, so there are positive things to this too... Roll Eyes

Well guys, excitement is great, free coins are good, but if one is going to actually invest money in something like this, the question about security of the premine HAS TO BE ANSWERED.

Christian, maybe you could drop few words in answer?

There's no premine in reality, they premined 16M to match the BTC chain and everyone that has BTC can claim theirs. In november (6 months after launch) they will redistribute 90% of the unclaimed coins to BTX owners and they will keep 10% of that unclaimed for them so they can do bounties and fund themselves...

Is this what you were talking about?

We can not talk about us security.

Sorry, i hope that is okay for you.

gigabyted

hero member

Activity: 906

Merit: 500

I have just noticed this project, and as it is run by a team I actually respect, I would consider investing...
Claiming (airdrop) makes little sense, as the amount one could get is really small, but the process involves something I really don't like to do - by some reason I have to sign message "BTX", which is against all best practices - as signed messages should be very specific. Would you imagine you signing a sheet of paper with just "BTX" written on it?
Please consider making the message longer and more specific, like "Hereby I claim xxx.xx BTX coins from BitCore initial airdrop." or something like that.

So the main option is buying it at exchange. However there is one more serious concern here too: the huge premine! Who is holding it? Is it on multisig secured by several indepentent escrows? I have some experience with heavily premined projects, and too often I have seen the premine being dumped on the market. Even if the one holding it, is the most honest man in the world, you never know what could happen - he could just be hacked and may loose the keys... Too much power in single hands is dangerous, regardless of who has it. There should be some guarantees.

Sorry if there is an answer in the thread somewhere, the thread is a bit long to read in full

. I searched for "escrow", found nothing.

Quoted my own message, so it doesn't get lost.

Everyone is so excited about those free airdrop coins, and nobody noticed my question above. That's why I don't like airdrop coins too much - all the talk is about free coins. Well, at least there is something to talk about, so there are positive things to this too... Roll Eyes

Well guys, excitement is great, free coins are good, but if one is going to actually invest money in something like this, the question about security of the premine HAS TO BE ANSWERED.

Christian, maybe you could drop few words in answer?

There's no premine in reality, they premined 16M to match the BTC chain and everyone that has BTC can claim theirs. In november (6 months after launch) they will redistribute 90% of the unclaimed coins to BTX owners and they will keep 10% of that unclaimed for them so they can do bounties and fund themselves...

Is this what you were talking about?

drays

legendary

Activity: 2576

Merit: 1073

Quote from: stevebc on July 25, 2017, 01:10:31 PM

I have just noticed this project, and as it is run by a team I actually respect, I would consider investing...
Claiming (airdrop) makes little sense, as the amount one could get is really small, but the process involves something I really don't like to do - by some reason I have to sign message "BTX", which is against all best practices - as signed messages should be very specific. Would you imagine you signing a sheet of paper with just "BTX" written on it?
Please consider making the message longer and more specific, like "Hereby I claim xxx.xx BTX coins from BitCore initial airdrop." or something like that.

So the main option is buying it at exchange. However there is one more serious concern here too: the huge premine! Who is holding it? Is it on multisig secured by several indepentent escrows? I have some experience with heavily premined projects, and too often I have seen the premine being dumped on the market. Even if the one holding it, is the most honest man in the world, you never know what could happen - he could just be hacked and may loose the keys... Too much power in single hands is dangerous, regardless of who has it. There should be some guarantees.

Sorry if there is an answer in the thread somewhere, the thread is a bit long to read in full

. I searched for "escrow", found nothing.

Quoted my own message, so it doesn't get lost.

Everyone is so excited about those free airdrop coins, and nobody noticed my question above. That's why I don't like airdrop coins too much - all the talk is about free coins. Well, at least there is something to talk about, so there are positive things to this too... Roll Eyes

Well guys, excitement is great, free coins are good, but if one is going to actually invest money in something like this, the question about security of the premine HAS TO BE ANSWERED.

Christian, maybe you could drop few words in answer?

minestro

full member

Activity: 266

Merit: 101

Bitcore (BTX) - The Future is Now

I think they did the snapshot again, because I received the airdrop on an address which didn't have a balance till this morning.

Well that sucks big time. When you say something you must mean it.
Now I missed the airdrop and my coins are stuck waiting to get credited on cryptopia for more than a day

Yeah that's just fantastic.

I initiated the BTX move to cryptopia after the snapshot was announced as complete.

Now my BTX are not in my personal wallet, and still not in cryptopia (I hope they show up somewhere at some time), and I missed out on Airdrop because the snapshot was redone.

Please don't do snapshots twice, or please work with your exchanges so they work properly. Two issue like that outstanding at once isn't doing your reputation for competence much good.

You can just have a look at your cryptopia deposit address on https://chainz.cryptoid.info/btx/ , anything credited there should be credited to your account (also the aidrop) at least after btx working on cryptopia again.

stevebc

full member

Activity: 209

Merit: 100

I think they did the snapshot again, because I received the airdrop on an address which didn't have a balance till this morning.

Well that sucks big time. When you say something you must mean it.
Now I missed the airdrop and my coins are stuck waiting to get credited on cryptopia for more than a day

Yeah that's just fantastic.

I initiated the BTX move to cryptopia after the snapshot was announced as complete.

Now my BTX are not in my personal wallet, and still not in cryptopia (I hope they show up somewhere at some time), and I missed out on Airdrop because the snapshot was redone.

Please don't do snapshots twice, or please work with your exchanges so they work properly. Two issue like that outstanding at once isn't doing your reputation for competence much good.

riskthebiscuit

sr. member

Activity: 518

Merit: 252

Quote from: Kwelstr on July 25, 2017, 11:02:59 AM

I think they did the snapshot again, because I received the airdrop on an address which didn't have a balance till this morning.

I am not so sure they did another snapshot because my BTX arrived on the same wallet which had the other BTX. That implies that it worked first time and they only did one snapshot ya? Doubt both things could have happened here

gigabyted

hero member

Activity: 906

Merit: 500

Quote from: bspus on July 25, 2017, 09:08:26 AM

Quote from: CoinCidental on July 25, 2017, 09:01:55 AM

Quote from: Kwelstr on July 25, 2017, 11:02:59 AM

I think they did the snapshot again, because I received the airdrop on an address which didn't have a balance till this morning.

Why do you move them so fast anyway?

Well that sucks big time. When you say something you must mean it.
Now I missed the airdrop and my coins are stuck waiting to get credited on cryptopia for more than a day

Why do you move them so fast anyway?

To take advantage of the swings in price, I keep them on cryptopia all week and only move them in the wallet for the airdrop, if I happen to hold at the time.
Anyway I was lucky in the end. Because of the cryptopia maintenance, the coins were not moved from my deposit address.
I just checked and the airdrop was received there

So Cryptopia credited you the airdrop? That's great, someone is complaining on Slack that he couldn't move his coins out and is out of the airdrop.

Well he received his airdrop because he wasn't on cryptopia yet, he sent it there but because of the maintenance the coin never left his wallet so he got snapshoted. But in my case its the opposite, my coins are at cryptopia and i want to withdraw them but i can't.

bspus

legendary

Activity: 2165

Merit: 1002

So Cryptopia credited you the airdrop? That's great, someone is complaining on Slack that he couldn't move his coins out and is out of the airdrop.

They didn't credit it yet, its still on maintenance. Normally all funds are automatically moved from deposit wallets to other big wallet addresses.
But because of maintenance my deposit has not moved yet, so at airdrop time, it got the payment. I checked it on the block explorer.

So both transactions should be credited

BeggarInCryptos

full member

Activity: 401

Merit: 104

Quote from: bspus on July 25, 2017, 09:08:26 AM

I think they did the snapshot again, because I received the airdrop on an address which didn't have a balance till this morning.

Well that sucks big time. When you say something you must mean it.
Now I missed the airdrop and my coins are stuck waiting to get credited on cryptopia for more than a day

Yes, this is something the dev should really avoid to do. To say one thing (snaphop has been taken) and then to do something that renders his claim false. The world of crypto is a very wild environment of anonymous or semi-anonymous entities and to lose the trust of a community is just a moment. One mistake is sufficient to lose credibility. If you say something and then it turns out it is false or wrong, people won't believe you the next time you say something. So please, dev, never again tell your community something like "snaphot has been done" and then do another snaphot later. Or, if you absolutely have to change your plans, at least inform your community.

Kwelstr

member

Activity: 107

Merit: 10

I've got amazing powers of observation

Quote from: CoinCidental on July 25, 2017, 09:01:55 AM