Topic: BiblePay - New Coin Launch - Official Thread - page 3. (Read 119804 times)

I'm suspicious of coinpimp321.  So many posts only about this coin and often twisting the facts or making something out of nothing.  Seems to be interested in creating FUD for some reason.  Their username is also a big red flag.  I suppose every thread here has someone like that?

Ok, while I am getting the impression nothing short of your way or the highway will satisfy you, I will address your concerns one last time because I've seen other users in other forums start with the adversarial attitude you seem to be exuding and become good users.

Your argument about other cryptos is heard.  But I wonder if you are the same person calling the health inspector for a church potluck or bake sale?  At the point we are at, this coin is too small to do any of the regulatory diligence you request or suggest.  As far as accountability, you have seen the orphan reports?  There is a clear path that shows we are supporting well over one hundred orphans.  So I would hope that you would see that and recognize that the biggest cachet of the coin is being done correctly and is verifiable.  I don't see much more due diligence being necessary.

As far as my math, as of writing this, the TOTAL coin cap is $165,000 (according to coinmarketcap.com).  Mining was open from day one, there was no premine.  So any advantage the Dev had was not one that was exclusive to him.  There was an announcement that mining would go live at a certain time, and low and behold, it did and block one came into being.  As far as the MN cost, that has been debated for months, and the Dev has said a variety of numbers trying to find a reasonable stake to launch one.  While it is conceivable the Dev has multiple accounts that are mining, I cannot fathom a world he has 90% of the coin given the lack of a premine or Dev reward.  I can account for roughly 10M coins between people I know are not the Dev and I don't know that many users.

Your Bitcoin argument seems to ring of the straw man logical fallacy. Sure, he may have been the Bitcoin Pizza guy, or Satoshi Nakamoto himself, but in terms of this venture, this coin, he is essentially the lead Dev.  It doesn't matter what his other resources may or may not be, he still only has 24 hours in a day.  Quite frankly there are much easier ways to pump-and-dump than to start a new coin with zero premine.

In the end, I don't understand your vitriol towards this coin.  You've not posted one single thing to the obvious target, JesusCoin, nor 666Coin.   If you fear this is a pump-and-dump coin, then that is your right.  But the things you ask for, and I note only you ask for, are not remotely industry standard.  If you do not understand how masternodes work, then ask that question.  Or better yet, there are a series of videos that DASH put out that explain it very well.  Find them on YouTube.

Good luck to you in your crypto adventures, but please either settle down and relax here, or find another coin to play with.

I outlined my thoughts on characteristics of a pump and dump here

To summarize

- 'Rob' is an anonymous figure. No name, address, etc
- The coin was designed with very high circulation and is concentrated into a few hands (how does a new project get so much interest if not for pumping and dumping)
- 'Rob' gets nervous when this is questioned and attacks people who questions it or asks people to look the other way
- 'Rob' refuses to put out an investment sheet on the website on the 'maternode' scheme. He prefers to solicit interest in this forum so information is scattered

And lastly, there is no need for this project. It can be implemented with any other cryptocurrency with a donation button to charity. The only way to make money in this scheme is to mint your own coin that others have to buy. Since the other coins (.ie. Dash) are impossible to mine now, it cant be profitted from.

Public scrutiny especially in a christian project is mandatory.

'Rob' may have good intentions but yes red flags abound.

I suggest everyone to challenge 'Rob' on who he is, and demand a publicly published investment page on the biblepay.org website. Let's hope he is working on one

Just currious, but what it throwing up your red flags on this project?

Thank you Ferohers!  Lets remember our roots.  And I'm sorry to hear about the Christian oppression in your part of the world.  

Let's think about that, all of us who live in our glass houses in the US, if you want to serve Christ and KNOW him, you need to be comfortable living outside and helping your Christian brothers and sisters.  Prepare for the Tribulation and thank God every day while we still have the internet.




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preach it. google it up so you can learn the talk. then preach it.

"godnodes" "judas priest" . 'Rob' has a history of blasphamous references in this project. Playing up to the real christian brothers is so very sad 'Rob'

know them by their fruit

he is in leaderboard  majko!!! and mined 0 BBP for 4 days ... his total balance is 0   ... 54shares=block distribution=his name is in list.... for 4 days nothing in total balance?  ... bug is on your side with pool...please,where is mistake



2nd day


4st day


where the coins disappear???

Can someone help GeniusX?

Here is the ROI sim I posted yesterday:


http://pool.biblepay.org/docs/roi.htm

Hi, Rob. I have 3.5 m BBP , with this amount how much BBP i can earn with masternodes. I can buy 3 i think. I believe this project before the begining as you know.Good Luck.

He has no work in the work table.  You should go over his house and find out if you can get him in the leaderboard.

Yes, lead dev has founded a successful cryptocurrency project and maintains it with 5 devs currently.

Thank you Ferohers!  Lets remember our roots.  And I'm sorry to hear about the Christian oppression in your part of the world.  

Let's think about that, all of us who live in our glass houses in the US, if you want to serve Christ and KNOW him, you need to be comfortable living outside and helping your Christian brothers and sisters.  Prepare for the Tribulation and thank God every day while we still have the internet.

Looks like you have it figured out, your friend is at 62 shares. 

BIBLE_PAY

hi,can i ask... my friend mining on pool with nick:majko miner:marko and his total balance is still 0 and immature balance falling without coins in total balance
can you help .... he started mine 4 days before  


thanks

Great projet! Really concrete :-)

I was being rude to the Satoshi guy and that situation made a bit sad. Here it goes again. I was not aware that Dash was about Christianity. Did I miss a meeting or you missed a major point about Biblepay?
If I wanted to use Dash, I would be using it. I just need a credit card with enough limit. I support Biblepay developer with everything I can because he is a brother to me in Christ.

There were a few handful of Christians in the beginning. Most of them tortured and killed where I live now and still I face daily threats and insults which noone should face. Do I just leave my belief to stop others to threaten me? I do not think it is even possible.
0.0009  - 0.00014 might help this community to gather people who really want to involve and support the project from bottom of their heart.

We need more developers like Rob, we do not need huge developer base. we are simple and want to help orphans. Did this coin have the target of reaching 100$ value and couldnt manage that?


300$ dash or 7000$ bitcoin and all the talk around it really does not touch me. We are not trying to get rich here. I hope you understand.

i care not what other cryptos are getting away with from non-existent regulations. that seems to be counter argument always. its the wrong standard to go by. you put the Bible in the project (literally in its hash), you better establish an order of accountability above the rest. forum posts peppered with teases and non specifics are like some underground party people are looking to get into. i get it - the more elusive the scheme the more allure and perceived value it tries to conjure

im not sure your math adds up. and i dont know how you can know much Dev (plus partners) have mined ahead of people or currently. Its impossible to know. Obviously Dev isnt stupid and has designed an investment scheme that requires 1.5 million coins (it was 500k, then 1.1 mil, then time to get that xmas bonus so 1.5 mil). The only way to provide people coins to buy those coins is to have them for sale across multiple accounts/miners. Its really not that difficult to see through.

Now you may say, how can "poor o' solo Dev" be able to pull that off, it would cost so much money. The fact is that anyone a year or two ago cognizant of bitcoin could have easily horded a lot and now have LOTS of money to use. In other words USD has deflated drastically and now BTC is king. So a $20 BTC coin can buy $7k of resources. You only need 6 months for the final 'master node' pump/dump scheme. So perhaps a $40 investment in BTC can yield you the mining hash (and thats probably exagerated)

the other tip off is how experienced the Dev is. He obviously appears to have worked with crypto and possible did another coin venture prior to this. So its a hash/rehash.

Keep in mind that these are questions that go through my mind. a simple document with a real person behind it would aliveiate worries of a flyby night operation using the Bible/orphans as its cover. also make masternodes more accesible to the public and not the pyramid investment that is being proposed

To the point of masternodes being a deposit account. what does that matter? the point is to sell the tokens for btc! of course you can keep the tokens! print them out and stuff them in your mattress. its just play money.
the game is to print tokens out of then air (via mining) and sell the hot potato to the next person with real money. and give them confidence the token will be worth something 10-100x in the future.

Slashdot (where is cmdrtaco?!?), your boss and his friends, all of that is good news.  If everyone was excited and bullish about cryptocurrencies, there would be no one left to buy and the trend would be in its late stages.  If there are many skeptics yet, that is good, because that means there are still people to change their mind about cryptocurrencies.  The charts of many of the top coins are bullish, too.  They show buying rushes followed by consolidation, followed by more buying rushes.  There are lots of these:  https://www.investopedia.com/stock-analysis/cotd/answ20090105.aspx

IF bitcoin were to follow its current regression slope, the price would project to be somewhere between 8300-10500 by early February.  
https://www.tradingview.com/chart/2Oxn8nBg/
That is if it keeps its current slope.

I'm not sure if there is an outside "investor" but if there already is one, then what good is a prospectus or investor information page.  Put another way, if you start a business and you and I know each other, and you say, "hey west, I'm needing some help with this business and finances", at that point I ask the questions I need to feel good with the investment and it's done.  No other document needed.

I don't know of any overt moves to reach investors at this point.  Granted, if the coin were to break down walls like Bitcoin, then yeah, investors would start to notice us.  But again, have you ever seen a investor information page for BTC, XRP, ETH or any other big coin?  You know, the ones that make up 90% of the $200B dollar crypto world?  Why you would expect a project that is in it's fourth month and valued at less than two block rewards of BTC makes me wonder why you are so adamant?

As far as standing to raise $150,000, I question if you understand the principle of masternodes?  The masternode "cost" should be looked at more like a security deposit.  You retain ownership of the cost, it is just frozen while you run the masternode.  But you can release it and do whatever you want with it at any time.  If you understood this, it's not meant to demean you, just I cannot understand where the high dollar figure comes from given the number you cite is within $25,000 of the total valuation of the minted coins.  With no premine, no Dev reward, the only perk the Dev got was to get in on the ground floor so to speak when basic hardware gave very good returns for a week or two.

Yes, a coin based on a religious text does make the bar a bit higher.  But to date, the Dev has been very responsive on most issues and has brought the coin from nothing to where it is.

So, two final points:

One: As far as Biblepay, or any cryptocurrency, as a investment (from the classically understood definition), don't risk more than you can afford to lose.  And ultimately consider it highly speculative.

Two: If you cannot be satisfied with the answers you have gotten, understand there's basically one person running the show right now.  So after your point has been made accept the answers even if you don't agree, or don't accept them and move on to one of the thousand other coins.

Thanks Rob, I'll take a look. I just have a theory that there are more miners during weekends when people are home more and can leave computers on for longer.
Probably nothing, but it would be interesting!
Thanks

Will you also release a satanic coin to restore the balance between evil and good?