Topic: Belacoin - Supercharging entrepreneurship with the power of the blockchain - page 49. (Read 379796 times)

you say steemit reach peack 460 million but now only 22 million why??

Thanks for adding Belacoin to Sky Pool! It's always great to have another place to direct Belacoin miners.

It's likely that the price increase is related to the work that we've been doing for Belacoin. We believe that if we put our heads down and work hard, the price is bound to follow. Although it should be noted that our primary focus will be more on Belacam rather than Belacoin. Currently, we are doing our best to source a lead developer, someone with even more experience and insight, to lead the Belacoin project. Prices could be rising based on positive future expectations about what a strong lead developer could mean for the Belacoin project. Under the right leadership alone, there's no reason that Belacoin couldn't grow from a $300,000 market cap to a $10,000,000 market cap, representing a 33x increase in the price.

When the price pull from Belacam is fully realized, we expect that the price of Belacoin will rise and fall in relation to the hype that surrounds Belacam. It's no secret that our goal for Belacam is an eventual acquisition by some larger player, and such an event would likely bring massive attention to the Belacoin project as well. When the success of Belacam is factored in with the work of a strong lead developer, Belacoin could start attracting other social media projects to grow on top of its blockchain and could start competing with the top 10 alt coin projects.

Belacoin has grown 70% over the past week, seeing positive growth in 7/8 past days. We have yet to even release the full details of the Belacam project. This Sunday, we will be sharing full details of Belacam to the public.

BELA going strong in Poloniex. Despite all top coins in red because of the surge in BTC/USD, BELA still up around 20%. Is this a result of the Belacam?

Hi all
I will add and start port for bellacoin on my multicoinpool: http://sky-pool.com/
In next 1-2 day (it will take time for loading blockchain)
Ann of my pool: https://bitcointalksearch.org/topic/sky-poolcom-x11-sha256-and-scrypt-multipool-now-only-10-fee-prop-1673242

As we've stated before, we have provided the team behind Belacam with a blank check to carry out their work. The expenses so far have been minimal—hosting, logo design, and travel. We anticipate most of the funding will come into play when the team has finishes the Belacam project and needs to perform marketing to get the word out there. This is the area in which we anticipate expenditures of $5,000-$50,000.

We have witnessed cryptocurrency social media projects like Steemit and Synereo explode to multi-million dollar valuations. At one point, the market cap of Steem was worth $412 million. These past performances demonstrate the opportunity to build Belacam up to the level of an acquisition or an IPO.

Equity in Belacam has mostly been divided up among The Ambia Fund and the Belacam programmers, with about 6-8% set aside for an option pool. In the rare but possible event of either an acquisition or an IPO, all Belacam shareholders will receive a hefty payout.

To better explain, let's assume that there is a 5% chance that Belacam is acquired for $15 million, and a 95% chance that nothing happens.

.05*15,000,000 + .95*0 = $750,000

In this example scenario, Belacam's worth to its stakeholders is $750,000. Therefore, investments into Belacam should not exceed $750,000, but any investments below that amount would be a smart decision. Since we don't anticipate expenses of Belacam development and early-stage marketing to pass $750,000, we simply provide a blank check to the working team. Moreover, The Ambia Fund must approve of every large expenditure, so the money is constantly accounted for. The programmers also have large financial incentives to work with honesty and diligence. A programer with a 10% stake in Belacam stands to make a $1.5 million payout (pre-tax) in the event that Belacam gets acquired.

Please realize that the example above was an overly simplified example used for explanation purposes only. The numbers are made up, and our real calculation takes into account many more potential payouts at varying levels, both above and below $15 million.

What this means for Belacoin and Belacoin Investors
Belacam is a private startup that is separate from Belacoin. Belacam uses the Belacoin blockchain, and users of Belacam will have to buy or obtain Belacoin in order to fully use the site. In the past, the cryptocurrency community has seen a link between a coin's market cap and the valuation of the largest private company on the coin's blockchain. When Steemit surged in popularity, Steem's market cap increased from about $2 million to $412 million. When the Safe Network began public testing, MaidSafeCoin's market cap increased to $54 million. When Synereo's social media site began to receive much public attention in mid August, the market cap of their cryptocurrency increased to nearly $26 million, more than 4 times its current market price.

As Belacam chases success, history has shown that it is likely that Belacoin's market cap will increase as well. As the market cap increases with strong growth, the price is pulled up as well.

Belacoin's market cap is currently $300,000. As Belacam gains more exposure and popularity, the market cap of Belacoin should likely increase at a steady rate. Moreover, as we begin to publicly reveal the details of Belacam this Sunday, the markets will have more information on the project, allowing for more accurate future predictions.

There's no active dedicated mining pool currently, but certain multipools have a dedicated Belacoin port.

Prohashing:

https://prohashing.com/explorer/Bellacoin/

zpool (use password c=BELA):

http://www.zpool.ca/

hey, where i can mine Bellacoin? thanks!

I keep seeing this coin in Polo before but I never really tried to do research because I am a very busy person irl. But this time I can't stop doing some light research due to some group of people I join in Facebook keep mentioning their Bellacoin trades and some charts. I will be joining this thread from now on. 

And by the way I just noticed there's a Twitter campaign. I already followed and re-tweeted. https://twitter.com/BelaCoin/status/798552230185996288

FOLLOWED AND RE TWEETED 

Impressive progress so far ..

This is a good bump after chesscoin's bump to bellacoin, it seems this thread is getting livelier and more promising projects are already in the list.  I read that the new supporter, or was thinking if this is a takeover or same old dev working to improve bellacoin.  If all the plan materialize I can see Bellacoin skyrocketing.  Hopefully all the planned project will be realized and not just some words play just to trap people who are looking for a promising coins to invest.  Anyway so far so good.

How much money You plan to invest in Belacam?

The Ambia Fund is working tirelessly to bring Belacoin to the status of a top-tier coin, and we hope that our ambitions are evident when looking at our day-to-day progress. As our workday winds to a close, we want to take a moment to share today's Belacoin accomplishments.

• We have secured 2-3 members for the Board of Advisors—the tight-knit group of highly experienced aides to the lead developer of Belacoin. We will announce the final list of members of the Board of Advisors by or on Sunday.
• We have reached out to multiple potential lead developers and will be vetting and discussing terms with them over the next few days.
• Our giveaway has returned 69 retweets and a 248% increase in @Belacoin twitter followers from 24 hours ago.
• We have identified 19 exchanges that we believe have the potential to list Belacoin in the next couple months. We will be reaching out to most of them this week.
• We are researching and discussing the best plan for how to legally structure the upcoming Belacam startup. At this point, it looks like Belacam will either be registered as an LLC or a Subchapter S Corporation. All this means to the Belacoin investor is that The Ambia Fund is concerned with complying with the law.
• Belacoin's past 24-hour trading volume put it in the top 10% of all cryptocurrency projects. On Poloniex, it received more trading volume than prominent projects like Storj, representing an increase in traction and future expectations for Belacoin.
• Crypto Designers, with a bit of our guidance, continued to make great progress on the Belacoin.org website. It will launch on Saturday.
• We had our Belacam logo finalized. The logo will be revealed on the Belacoin.org website this Saturday, but the entire Belacam project (the real-deal Belacoin news) will be revealed the next day.

Tomorrow, we will continue our search for 2-3 more Board members and a lead developer for the Belacoin project. If the giveaway nears 300 retweets, we will look into providing Belacoin with more funding to expand the giveaway. We will be updating our own website to include information about our role in Belacoin.

Unrelated to Belacoin, our research report on the supposed correlation between the day of the week and Bitcoin's price will be released in the coming days.

Belacoin Giveaway

Be sure to participate in our Belacoin giveaway: https://twitter.com/BelaCoin/status/798552230185996288. The Ambia Fund is funding the giveaway, and if we hit 300 retweets quickly, we will likely expand it with more funding. All giveaways will be paid out on Sunday when our team meets in person again. Our analysts and programmers live far, but we travel to meet weekly, often on the weekends. Going forth, it's likely that weekends will often be big days in terms of news and releases due to the convenience of us all being together to manage those types of things.

The giveaway has provided impressive results so far. We have seen a 23% engagement rate (14 retweets out of 62 followers) over the past hour. The price of Belacoin has responded nicely as well, increasing by 13% over the same time frame.

@Flipme, we are aware of the issue with the wallet. We have an analyst who is currently sourcing a lead developer, extending offers to multiple skilled programmers who have experience in other cryptocurrencies. Updating the wallets and the Github repository will be the first priority of this new developer, hopefully completed before the weekend is over. We can't move on to completing our Belacam project until Belacam is vastly improved first, so let it be known that updating Belacoin is our first priority as well.

Your Mac wallet won't launch, its missing a library in the app bundle

Application Specific Information:
dyld: launch, loading dependent libraries

Dyld Error Message:
  Library not loaded: /usr/local/opt/miniupnpc/lib/libminiupnpc.15.dylib
  Referenced from: /../BellaCoin-Qt.app/Contents/MacOS/BellaCoin-Qt
  Reason: image not found

This is really motivating that bellacoin is not just pump on website or countdown coin... Theambiafund is showing their experience and concentrating on real gem BELACAM .. no doubt it can reach any M cap predicted with belacam and all of you should keep in mind belacoin is itself a potential coin with mining profit ratio and fast block speed ......

JUST BUY 1BTC WORTH AND SUPPORT BELACAM

WOW! Those numbers are believable. If Steemit did it then belacoin and Belacam can do it too. I agree that if you don't quite hit the mark of 3.8 billion that we'll still be flying high somewhere else... maybe in the hundreds of millions. Grow Belacam big enough and then Instagram wants to buy Belacam because your stealing their customers.

250k market cap right now, take it to 250m market cap and we all make 1000x on our money. If I invest 10 bitcoins now and it goes 1000x, I make 10,000 bitcoins. That's 7 million dollars. What would I even do with 7 million dollars?

You guys have to be working your asses off. Please do it for us. Make Belacam great and you make belacoin great again.

All of those questions will be answered on Sunday when we fully detail our Belacam project. Until then, any trading on Belacoin is speculative about Belacam or trading in anticipation of the new website. In our best effort to avoid a pump and dump with news about the website, we have made it clear what the website will contain. The big day of news for Belacoin is not Saturday when the website releases, but Sunday when we reveal our Belacam project.

Steemit is often compared to Reddit with a cryptocurrency twist. Steemit achieved a peak market cap of $412 million, 10.3% of Reddit's $4 billion valuation. Instagram is valued at $37 billion. A similar 10.3% ratio would bring Belacoin's market cap to $3.81 billion.

Please note that this represents a best-case scenario financial prediction and assumes a similar link between Belacam and Instagram that Steemit and Reddit shared. While this is a dream scenario, it should also be noted that Steemit did achieve a $412 million market cap. They also experienced market cap growth of 158x over 3 months.

Belacoin's market cap is currently around $250,000. Regardless of whether the potential market cap is overestimated, there is no doubting that Belacoin could experience growth to the $10-$100 million range thanks to the Belacam project. It happened with Steemit, and we've taken note of what they've done right to achieve their incredible success.

We are applying those same principles to the Belacam project.

im investor at bellacam and need to know your prediction to bring other persons to your coin,and other question belacam like instagram you say before some time,instagram very very very very very big site,whats your prediction to your site it will one very big  site or small site and when you will say that your project done give me time please?