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Topic: [ANN]💎[MBIT]💎🔹💎MBIT💎🔹💎MUSIC AND BOOKS SHARING PLATFORM🔹📚🎶[BETA LAUNCH] - page 10. (Read 27192 times)

sr. member
Activity: 854
Merit: 264
Crypto is not a religion but i like it
addnode=87.98.145.132
addnode=178.238.224.213
addnode=151.80.136.178
addnode=184.164.129.202
addnode=2a01:4f8:212:8d9::306
addnode=81.21.164.231
addnode=98.115.147.74
addnode=5.230.142.175
addnode=2001:41d0:2:5bd6::
addnode=95.211.57.108
addnode=94.23.216.214
addnode=87.98.142.204
addnode=85.236.188.28
addnode=212.103.119.82
addnode=82.223.66.160
addnode=2001:0:9d38:90d7:3d:fb9:4b03:d779
sr. member
Activity: 405
Merit: 251
sr. member
Activity: 854
Merit: 264
Crypto is not a religion but i like it
Sure , will start working on the whitepaper also .
Right now I am focused signature campaign + article campaign which we had been running and also securing the network

Do you work solely? It is better to have someone else to do the marketing, while you can focus on the development of the project.

Yeah , I am one man army Cheesy  Cool
Thats great,it doesnt matter if you are working alone or not,the only thing matter is the devotion towards your work.i like the idea of creating a platform where user can share ebooks or musics but how amazon term is linked with it and how ebooks and music record are connected to blockchain?
Kindly explain it more.

Sure , creators of content will get rewarded in mbit and bitcoin for the content they post online . Users would be able to buy music and books online through the mbitbooks platform , but we will at the same time to maintain credibility and accountability censor content  which is illegal or plagiarized for example child porn .
The users would also be able to rate the content creator accordingly and would be able to report anything which is not good for kids and young viewers for example Marijuana songs and books on Marijuana would be censored for users below the age of 18 .  

I want the platform to be available for everyone but at the same time want to tackle problems like plagiarism . So the platform would be built under the ambit of law . 
hero member
Activity: 896
Merit: 505
Sure , will start working on the whitepaper also .
Right now I am focused signature campaign + article campaign which we had been running and also securing the network

Do you work solely? It is better to have someone else to do the marketing, while you can focus on the development of the project.

Yeah , I am one man army Cheesy  Cool
Thats great,it doesnt matter if you are working alone or not,the only thing matter is the devotion towards your work.i like the idea of creating a platform where user can share ebooks or musics but how amazon term is linked with it and how ebooks and music record are connected to blockchain?
Kindly explain it more.
sr. member
Activity: 854
Merit: 264
Crypto is not a religion but i like it
Sure , will start working on the whitepaper also .
Right now I am focused signature campaign + article campaign which we had been running and also securing the network

Do you work solely? It is better to have someone else to do the marketing, while you can focus on the development of the project.

Yeah , I am one man army Cheesy  Cool
hero member
Activity: 700
Merit: 500
Sure , will start working on the whitepaper also .
Right now I am focused signature campaign + article campaign which we had been running and also securing the network

Do you work solely? It is better to have someone else to do the marketing, while you can focus on the development of the project.
sr. member
Activity: 854
Merit: 264
Crypto is not a religion but i like it
Sure , will start working on the whitepaper also .
Right now I am focused signature campaign + article campaign which we had been running and also securing the network
newbie
Activity: 6
Merit: 0
In terms of constructive criticism you should explain the concept of Mbitbooks as it is currently very unclear how it will operate. I've bought some Mbit so I'm not just posting unhelpful comments. I do think you have failed to answer posts by various people on how it will operate. Replying with something like "it will be like Amazon" is not clear at all. From a business perspective you should have released a white paper and included details of who is behind the project. this sort of info doesn't cost much money but will give the project way more credibility and attract investment. It's a win win so it concerns me why this hasn't been done already. By whitepaper I'm not talking about a 30 page dissertation, just something that conveys the point of this project. This is very basic stuff so it concerns me that you haven't taken the initiative and done this already. The reason i've bought some mbit at this stage is purely due to the very remote possibility this takes off either as a bubble or because it holds merit.
jr. member
Activity: 36
Merit: 1
Whether the mbit is listed by the exchange?
sr. member
Activity: 854
Merit: 264
Crypto is not a religion but i like it
I agree the price is not stable even after the premine has been locked , maybe due to difference between orders or miners selling the coin which is completely fine .

 Soon we be going into Livecoin and are contacting bittrex

U cant chulk that up solely to miners selling their shares. No one has a clue what mbit is and some folks understandably dont want to park their cash into it coz they dont trust it. Under different kind of circumstance that little selling pressure from miners would have been absorbed but mbit doesnt fall into category of cryptos whose progress u track and where u put ur support walls if it topples down. In short its shit.

Thank you for you input .
Did you even see our website and ann ?
Constructive criticism is welcomed but not stereotyping 
hero member
Activity: 2146
Merit: 518
I agree the price is not stable even after the premine has been locked , maybe due to difference between orders or miners selling the coin which is completely fine .

 Soon we be going into Livecoin and are contacting bittrex

U cant chulk that up solely to miners selling their shares. No one has a clue what mbit is and some folks understandably dont want to park their cash into it coz they dont trust it. Under different kind of circumstance that little selling pressure from miners would have been absorbed but mbit doesnt fall into category of cryptos whose progress u track and where u put ur support walls if it topples down. In short its shit.
sr. member
Activity: 854
Merit: 264
Crypto is not a religion but i like it
Do you guys know when/if this will hit poloniex exchange?
That would be much better for me since I already have an account there and trade Daily. It is a bit harder (just a bit) to exchange from sites I don’t use to poloniex just for withdrawal.

we are aiming for bittrex and livecoin as of now .
hero member
Activity: 1120
Merit: 507
Do you guys know when/if this will hit poloniex exchange?
That would be much better for me since I already have an account there and trade Daily. It is a bit harder (just a bit) to exchange from sites I don’t use to poloniex just for withdrawal.
sr. member
Activity: 854
Merit: 264
Crypto is not a religion but i like it
Details of the locked premine address


http://blockexp.com:8029/address/MQBVo8dP3kYgXsYpjXbm8BqP6rPfRrXJkV


UPDATE 1.0.6.X.Z

Premine escrowed to a multi-sig account
Public address | MQBVo8dP3kYgXsYpjXbm8BqP6rPfRrXJkV |
HASH | e32a74fc0cc4e447fdc8fb394bdce904687a08760be9200d8e152ccd62224a06 |


http://www.mbitbooks.co/

 


sr. member
Activity: 854
Merit: 264
Crypto is not a religion but i like it
Thanks for clarifying

How is the supply of mbits being controlled? After all, I have invested in this as I hope the price will increase and I will make a return on my investment. Is there point in investing now or should I wait until all the coins are in circulation before any price increase is achieved.

Thank you for being an investor .
Right now all the premine is locked in escrow . Not touching it
We can only move it after posting here about the reason and with  the address where the mbit would be sent
Not more than 10,000 mbit can be moved at once without being made public
The current circulating supply is near 2 million mbit , rest is locked .
So this can likely increase the price also we are contacting exchanges right now for integration so please feel safe about your investment

If you have any more questions please feel free to ask
newbie
Activity: 6
Merit: 0
Thanks for clarifying

How is the supply of mbits being controlled? After all, I have invested in this as I hope the price will increase and I will make a return on my investment. Is there point in investing now or should I wait until all the coins are in circulation before any price increase is achieved.
sr. member
Activity: 854
Merit: 264
Crypto is not a religion but i like it

I've been going off coinmarketcap:

https://coinmarketcap.com/currencies/mbitbooks/

According to this source, the market supply is 38,200 and the market cap is 1 BTC. So is the market cap then 37btc's??

Is the release of new coins to circulation formulaic? It seems any increase in price will be eroded by increasing circulating supply. It seems a bit unfair to those who got in early.  

No ,actually coinmarketcap has not updated their information due to which their is confusion :/ and if you read the previous pages from premine mbit has been sold to investors also to get funds for development so that is also in circulating supply .
newbie
Activity: 6
Merit: 0

I've been going off coinmarketcap:

https://coinmarketcap.com/currencies/mbitbooks/

According to this source, the market supply is 38,200 and the market cap is 1 BTC. So is the market cap then 37btc's??

Is the release of new coins to circulation formulaic? It seems any increase in price will be eroded by increasing circulating supply. It seems a bit unfair to those who got in early. 
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