Topic: BiblePay | 10% to Orphan-Charity | RANDOMX MINING | Sanctuaries (Masternodes) - page 62. (Read 243376 times)

I reached out to the Chic-fil-a foundation to try to reach the VP of charity.

https://www.chick-fil-afoundation.org/faq

Since we have the same Christian values, I wanted to make them aware that we are a feel-good investment for people seeking cryptocurrency exposure.
They also like to help orphans.

I offered to have a conference call with them, and discuss white branding a Biblepay wallet into a Chic-fil-a wallet.
Also offering integration for door-dash so we can have people buy fast food with BBP and have it delivered.

I think it is just up to SX to allow sub-satoshi markets.  They could theoretically add a digit after the satoshi and make it 9 digits.
(Although it probably goes against the grain and is non-standard).

Interesting point. On one side we have TOKOK price in ETH which should be more precise (still volume there is monopolized by their bot), and on the other hand some exchanges do support Satoshi decimals, the first that comes to my mind is Graviex. But unfortunately we don't have presence there.

I think that if some investor really wants BBP, they will not care if it's 2 or 3 sats. As long as there is liquidity, the market will take care of the rest.

Kairos added our last inbound letters to a new page:

https://kairoschildrensfund.com/index.php/biblepayphotos/

I stumbled upon this announcement on SouthXchange:

"On November 20th, Nosturis (NTRS) will reduce its supply in 1:1000. For example, if you have 10000 NTRS you will end up with 10 NTRS."

Which really got me thinking... I know that in theory the supply is irrelevant to the price (i.e. market cap), but when we're this close to 1 satoshi (2 right now), it could mean life or death. Take a look at the mentioned coin's order book:

https://www.southxchange.com/Market/Book/NTRS/BTC

No buy orders, just a lot of sell orders for 1 satoshi...

I wonder what will happen when the supply reduction comes into effect, I will certainly follow it so we can understand the market response. I think after the supply reduction the volume will be increased manyfold, but the price for this coin will obviously go down: 1 satoshi will become 1000 satoshi, and from there the orders will go to 900 and something and so on. Because right now the coin is obviously valued at <1 satoshi. So after the supply reduction, it will be <1000 satoshi, but how much, we will see.

However, I don't think that the outcome from Nosturis will apply to BiblePay, because we shouldn't have this drawback of price reduction, unlike Nosturis which has hit the bottom - the market pressure is for a price less than 1 satoshi. The problem with BiblePay is actually with the value not being precise enough, because there is a hard limit, which is the smallest unit - satoshi. Right now BBP is valued at either 2 or 3 satoshi, which is a massive difference - 50%! That also means a massive gap between sell and buy orders, which is not natural. It's as if Bitcoin would have buy orders for $10.000 and sell orders for $15.000, that's how big the gap is and how imprecise BBP's value is.

The real value now is actually somewhere in between 2 and 3 satoshi, let's say 2.8 satoshi, but the problem is that exchanges don't allow decimal satoshis. So even if we reduced the supply just by 10 instead of 1000, we would have a much more precise value, because 2 and 3 satoshi would become 20 and 30 satoshi, so we would have a definitive price of let's say 28 satoshi. So compared to this Nosturis coin, BiblePay shouldn't lose value, instead it should just gain a more precise value.

It's important to note that this change should make everyone's wallet just move the decimal point to the left, not to retain the same number while the future emission drops, that would not be fair. This change actually isn't supposed to alter anything in the emission rate or the current and future supply, it is supposed to simply move the decimal point to the left for everyone with a mandatory update. This should only have a benefit of having a much better order book on the exchanges and potentially more volume. Another added benefit is not failing if we reach 1 satoshi.

I see only advantages, is there a potential drawback I am missing? What does the community think about doing this decimal point move for BiblePay? If yes, how many decimals, 1, 2, 3?

Mobile Wallet for iOS
v1.4.5.0 released to App Store

Minor enhancements to improve connectivity.

Up til now, we have had an expanding quantity of videos on youtube.

The question is, will they start taking channels down because they are Christian - using the guise of the extended terms of service.

I guess we'll see what happens starting Dec 10th.

I don't view this as fluffy ponies and conspiracy theories and everything is A-OK.

I didn't realize Gavin was convinced Craig Wright is Satoshi:

http://gavinandresen.ninja/satoshi

Amazing work, sunk818! This is what we've been missing for a long time. Very useful for newcomers. I'll try to write a few explanations for the missing terms.

They've always been able to limit anyone's account for any reason they want nothing new

Things are heating up in the world... 

Related to the Christian Treasure Trove - and the idea to archive 'non copyrighted and authorized for duplication by permission of the channel' videos, youtube has recently decided they reserve the right to delete ALL ACCOUNTS that are not commercially viable starting on Dec 10th!

https://www.youtube.com/watch?v=tpSfgPONlZk

This is pretty big news, and will cattle prod us to move to the next step with DSQL soon. 

I feel this actually might be one of the places BiblePay will shine in the end-times - by providing an alternate source for Christian content, and archived content.

So next priorities are:  POBH 2.0 in alpha for review by our IT team (and any GPU experts), PODC 2.0 fixes in testnet, then modifying DSQL to be SEO compatible with URLs, then creating the TT archive ability.

Yall might like https://truebibletrivia.com, a free Bible trivia game.

i like big blocks and i can not lie

download the miner here:
https://github.com/biblepay/cpuminer/tree/master/binaries

join the pool and earn BBP rewards here:

bbpminer-x86.exe -o stratum+tcp://sunpool.whitewalr.us:3032 -u BEXTU6iVeBdoqgwbP8rmzYNoKhQgwz5BGs -p PraiseJesus

bbpminer-x86.exe -o stratum+tcp://5.135.183.202:3032 -u BEXTU6iVeBdoqgwbP8rmzYNoKhQgwz5BGs -p PraiseJesus

-u is your bbp address
-p password can be anything

other pools:

nomp.biblepay.org
leopool.biblepay.org

Since they are primarily in Africa and the Philipines the only idea I have is asking Todd and Andy if they can ask the local pastor if they will buy Christmas cards and let us give them a native currency gift in cash - like a $10 gift for example for the card.  The local pastor might be able to sign them for us and stuff them.

Im willing to chip in for at least 20 kids.

Rob and anyone else reading --

I've been pondering for a few weeks and I'm convicted to help poor children in the two charities CameroonONE and Kairos with holiday gifts & toys. I'm sure the kids need food & rice, but what kid wouldn't want to be shown they matter and being doted over by strangers? How can we reach the BBP community and/or general crypto community to act? I emailed Todd @ CameroonOne and Andrew @ Kairos and they are both open to the idea. They already do some sort gift giving, but I think we can be involved to enhance the giving. They can take proceeds and from their respective countries purchase gifts from the local businesses.

I wanted to include a "card", but seeing how we are from all over the world, does a digital card makes more sense? Perhaps a note in donator's native language, translation into English, and destination country.

What do you think? Comments? Thoughts? Suggestions for action items, or next steps?

1) Do we have any GPU programmers available, that understand C and C++ already? 
I'm interested in running the alpha class by you.

2) Do we have any cryptoattorneys available?  To review our DWS?

I'm sorry for your loss too.


We didn't see the trust page.  We have a tendency to 'accidentally' make friends with people of questionable integrity all the time.  I do believe in second and third chances though.  Jesus hung out with the tax collectors and the sinners.  However, we have to be cautious and try to yoke ourselves with ambassadors of God. 

I am sorry for your loss inblue

The pool hash rate jumped to 5MH around 10 hours ago. I take it that when your pool went down?

It is not making too much of a difference with found blocks. I could be wrong, but I think someone is solo mining all the blocks recently (maybe eternalenvoy ?). I'm impressed with how much hardware this person has to use at the BiblePay network. They will be formidable contributor when PoDC 2.0 comes around as well. Hopefully, the staking algorithm will have its intended effect for people with lots of hardware.

Maybe not so "haha" for me, this is a screenshot from my CoinsMarkets account which I took when the website was barely working, but wouldn't allow withdrawals:



And that was January 6th 2018, when BTC was around $17,000. But you're right to laugh it off and move on.

By the way, I hope you all looked at the Trust summary page of the Needycoin account:

https://bitcointalk.org/index.php?action=trust;u=2687874