Topic: [B3]B3Coin Hybrid POW/POS [Scrypt] - ANTI-INSTAMINE, NO PREMINE, NO ICO, NO IPO - page 75. (Read 242093 times)

You can improve the code all you want, you need investors, people willing to put their money into B3. Why would they want to invest in B3?

Yes, Hyper-inflation does not work. Ask old President Robert Mugabe. Zimbabwe is as dead as B3.

B3 has a White Paper they are supposed to deliver on. They already showed that the White Paper means nothing to them and they don't have to stick to it and do their own thing. They are supposed to deliver in future on the what they promised. The B3 Team has no money, they only have billions of coins they planned selling on the open market in order to deliver on the White Paper promises. With no liquidity, there is no way they can sell coins and therefore will be unable to deliver.

so 500 billion coins will be burned soon?!  price will jump 20000%?!

Well the Devs are still active and have recruited help as the situation was obviously out of control. That help is improving the code and the communication between the Dev team and the community.

As for the price, I am not sure what people were expecting given the hyper-inflationary model that this project has pursued. Simple economics should explain the drop in price. Granted the bugs expedited the drop, but we are about to leave the hyperstaking phase. The immediate drop in inflation plus the burning of coins will do its business.

Anyway, if you have any more B3 that you no longer want, please do put them on coinsmarket so we can buy some more. Any more discussion on these lines would be a waste of time for us all.

PS. Still lobbying discord admins for you lost sheep.

It seems this is dead  .
cryptopia will delist it.
coinsmarkets is useless exchange.
yobit is not allowing anybody to deposit there.
No Buy order in coinexchange.io

I invested some of my btc and have lost them forever. Damn

Yes, B3 is dead. Whether you have 1 million or 1 billion coins, they are worthless. You cam't do anything with them. You can either stake the coins in a pool or buy a FN node. Not sure why you want more of something that is worthless.

Perhaps they can join up with McDonald's and then you can at least buy a burger for a billion coins that is actually worth something.

Well, the cattle shameful this developer, ran away and forgot about the coin, all threw it and earned it on fools.  

Totally agree, sell at 1 satoshi is just weak hands. We have to wait. The correction is expected after block 80k, and its also the massive burning of coins.
The developers are active and answering at discord.

Your coins should be fine... though I usually like to have any coins I earn under my own control in a wallet off an exchange. You would not want to see another Mt Gox.

Very good summary of the situation. As usual weak hands are selling and some great news may reverse the trend.

Nice of you to help banned users from Discord too!

I have 3.000.000 on coinexchange.io

This means, my coins will be dissapear?

If dev return, and put the b3 oline again, my coins are good or invalid?

I will ask the admins to let you back in.

Has anybody that has been banned from Discord been able to get back in? I need to get my funds out of the pool, and need details that are in Discord.

Why are these B3 people banning people out of Discord? Total disregard for those who have money at stake.

Hehe, it is actually at 0.3 sats. 

This coin is still 4 or 5 satochis at coinsmarkets... But not a lot of buyers. It is going to be very difficult to sell it.

Stop fooling people. ITS A SCAM PEOPLE GET OUT OF IT.

Read what I told you. B3 now gone from cryptopia "Feel really bad for the people who invested in this SCAM".

Read my post again i told you price will drop, now this price "7.17e-09 BTC" looks awesome.

Sure, I just need the usernames. I will ask them to do yours.

So as you seem to be well-intentioned and willing to help, would you mind tell them to unban me and many others here?

OK I have made the request, but only junior helpers available with no admin rights till USA wakes up.

My 2c for what it is worth is that B3 is a genuine project with genuine bleeding edge technology in the form of Fundamental Nodes and carousel staking.

Their genuine problems arose when some smart alec deconstructed the Github code and made himself a Fundamental Node FN during the 10 000% Hyperstaking period without the devs knowledge or consent. This resulted in him generating enough B3 to assume the consensus. Having discovered this situation that the code had been hacked, the devs proceeded to burn that wallet. Cryptopia, rightly said this should not be done as it defeats the purpose of a distributed leger and the whole premise of blockchain technology.

Faced with this problem, the devs reversed the burn and introduced FNs a couple of weeks early so that they could regain consensus and then burn the coins generated to reduce inflation to the planned %.  Of course this exacerbated the problem as hyperstaking went into hyperspace mode and the value of the coins fell through the floor. Also this battle for consensus resulted in multiple forks occurring. Cryptopia said they were not interested in being a part of this situation and delisted B3.

Once the FN staking carousel starts working correctly (very soon I think) and once we are out of the hyperstaking period, more people will create FNs and thus burn many more coins, driving the value up by reducing supply. There are also several larger developments in the works that will be announced once the network is under control and the panic has diminished.

There are several high profile, and solid personalities that have joined this community to help sort out the various issues that we have seen, from both the code perspective and almost equally important communication perspective. Lack of genuine, reliable information, however embarrassing it might be for the devs, reflects poorly on the B3 brand. New teams have been created to deal with this.

Now while I am not posting in any official capacity here, I am invested in B3. I just bought a bunch more on coinsmarket today because I think the merits of the underlying technology, when properly managed and promoted with the new team that is now in place will make this a really impressive coin in the months ahead. In a year from now, I hope to come back and see this proven to be correct. If enough people share this hope, it will come about. And at this point in time, if one has not already bought into B3, you won't get a better price than right now.

PS I will follow up with the Discord admins when they are online, and hope to see you guys in the chatroom.

The whole point of the FN hardfork was to reduce supply.  It didn't work.

Remember when they advertised 2B max supply?  rofl  Some basic math showed it would be over 100x that before block 80k, that should have been our red flag #1.  I don't see any way to save this sinking ship, glad I'm not in for much.