Topic: Bit20 - The cryptocurrency index fund [ANN] - page 4. (Read 13483 times)

It's a deep thought at the very least

I just saw that you were one of the holders of this very new market. Congratulation on your trade, I hope BTWTY will keep its rise and you'll be happy with your ROI.

Great to have you trading in the market!

Its sad that people offer their inside but have no clue, I am not one understand to much about programing, lets stand what
are cryptos made of, but so do I not understand what USD or EUR are made of , than out of thin air, we call economy

Does our economy equal the amount of money distributed, is it a scam..convert your money to physical gold my friend, you just got scammed..USD is down 96 compare to gold

I dont know why Gold would be the most valuable commodity, why did we not chose elephants, they are more rare,
just kidding
But I do understand that a car can drive powered with electricity also well as with gas
and also can be pushed which would be even cheaper considering that wage
go down and more illegal need work..

But since I do not understand anything I also do not judge before the fact, I can have an opinion, but better I know what I am talking about, than just love to talk, no matter what

I think for most people try to make out which Crypto will be the ONE, it will be much easier to spend money
in something that would average it out and I don't have to worry that I have Grrr just chosen the wrong one, because the one just went down 50%or 90%  in value..

B20 Nice job and don't even try to answer, those they believe its a scam not even reading your webpage and knowing that OL would be cautious to let anybody use their platform without checking if their is a possibility of Fraud.

And yes we never know for sure whats going to happen
and this not only for this project but for everything you do,
walk the street and get hit from a chick get married and she hits you with a expensive divorce..etc etc..does this mean "you got scammed" or did you not do due diligence..just wondering

On the 21st day of every month, Bit20 runs an algorithm that creates its new composition. By this process, it always includes the most promising coins. Some coins appear in the index and others disappear. Some of them gain weight and other lose some of it.

This new composition swap with the previous one without any disturbance of the index price.

We have run this operation today. Here is the new composition of the Bit20 Index Fund:

BTC / 10 % / 0.35831181695703 coins / 799.821 USD
ETH / 10 % / 37.199209735944 coins / 7.70407 USD
LTC / 10 % / 78.238296619253 coins / 3.66298 USD
XMR / 10 % / 33.772219777015 coins / 8.48583 USD
ETC / 10 % / 251.16149806351 coins / 1.14104 USD
DASH / 8.7433342390011 % / 24.658628597813 coins / 10.1616 USD
MAID / 5.2747667050028 % / 1601.6463697779 coins / 0.0943823 USD
XEM / 4.1356821886812 % / 31852.260162871 coins / 0.00372101 USD
STEEM / 3.9711412874907 % / 810.28584634357 coins / 0.140453 USD
REP / 3.8166925154033 % / 38.930540199065 coins / 2.80964 USD
ICN / 3.5079674915334 % / 307.90518157442 coins / 0.326507 USD
FCT  / 3.1909651978308 % / 30.978867219368 coins / 2.95196 USD
DOGE / 2.8887791504422 % / 380021.98060263 coins / 0.000217851 USD
WAVES / 2.6213206871199 % / 353.91400180968 coins / 0.212264 USD
XLM / 2.4693787079238 % / 24496.278131841 coins / 0.00288896 USD
DGD / 2.3290265860039 % / 7.0782800361936 coins / 9.42976 USD
PEERPLAYS / 2.3032139917805 % / 3.5391400180968 coins / 18.6505 USD
LSK/ 1.8395816647623 % / 356.73730553889 coins / 0.147783 USD
GAME / 1.5350986397995 % / 210.33401465615 coins / 0.209161 USD
EDR / 1.3730509472244 % / 48.208871895696 coins / 0.816232 USD

The composition is sent in the BitShares Blockchain so the witnesses can read it and publish the price in the decentralised exchange. Here it is :

http://cryptofresh.com/tx/14d715654ce5b724f4c27dd54982a84ee1d72c2f

Don't hesitate anymore and have a look on the Bit20 market : BitShares Decentralised Exchange pair (BTWTY : BTS)

You'll find on the website the composition with the updated price of each coin and the total value of the index

I'll have a look and fill the form if I see it fits the project. Thanks ^^

You are very right sir !

Any comments and even critics are very welcome as long as they are constructive. No moderation indeed.

Happy to see someone  innovate on bitshares.

if you need to get more attention, don't hesitate to signup on icocoins.com and submit your project.

Here is the details https://bitcointalksearch.org/topic/ann-icocoinscom-initial-coin-offering-portal-alive-free-1699522

Of course you are not here to expect to get a lot of accusations and praise,it's a wild jungle here and people are here to squeeze everything you have,so we'll know if you are indeed giving us serious project or coin that we can rely I'm glad that you did not make this thread a moderated one.

Thanks for your kind words HCF27,

Indeed, it will be hard for some to understand. This crypto space is full of scams and they are right to be careful.

That's why, with my team, we had one priority, be transparent. For the ones who have doubts about to integrity of this index, please visit the website and ask questions if you don't find your answers. This is 100% secure, 100% decentralised, 100% pure cryptocurrency !

Congrats @EstefanTT, this is truly a ground breaking project.

I always thought the hardest part would be for people to actually understand it and some of the comments I see here prove me right.

I guess for some it is hard to think of a truly decentralized project where nobody gets rich lol.

Best of luck to you bro!

Did you even click on the links, visited the website and understood what the project was about before qualifying of scam?
This project is 100% transparent, 100% verifiable on the BitShares blockchain, all the information are on the website.

Please do some diligence research before possibly hurt the reputation of a project you don't fully understand.

after the success of ICONOMI, there had been some attempts to also try to create a fund management platform but certainly its the same concept. its not going to be surprising that they all could be created to scam. this one seem not into ICO but still a potential scam 

I am not a member of Bitsquare but Bitcointalk is enough for me,because everything related to crypto currency are all here, even satoshi nakamoto the founder of bitcoin started here something wrong why you miss the bus.
Anyway you can always start as long as you contribute well in the community ..

Thanks mea123,

The index re-calibrate itself every 21st of the month. Tomorrow there will be a revision in its composition. The coins present in it and their respective weights will change. There won't be any change in the price related to this revision, the price remains the same during this transition.

These values and the coins in the index are displayed on the main page of the website. www.bittwenty.com
Have a look, there is also very interesting charts on the index performance

I am a account holder of OL for almost a year by now, and I think this is brilliant, congrats EstefanTT!  best thing in 2016, I was only waiting for
finally I dont have to make up my mind
which is a good one, which will be a bad one, it will average itself out and I will be happy, spread the word.
I dont remember reading it, but can you let us know, which are the 20ty cryptocurrencies

cheers 

Please read above, it's not an ICO nor I'm looking for investments. It's an open and free market born in the cryptocurrency space. Feel free to use it if you wish, I'm not asking for anything, just announcing something that is already finished and available.

You are every right sir !

I have been used to the BitShares community, you can check my profile there and see by yourself that I'm an active (almost 700 posts) and well-respected member.

I thought it would be hypocritical to post tons of smileys and thumbs up on this community posts only to increase the number of posts next to my pseudo. I will create a good reputation and prove myself as a decent member of this community starting with this thread on Bit20 Index Fund. 

already closed. scam

Just another ICO scam.  Scammer needs btc for more booze and drugs.

I'm still surprise that all preparation for the last 18 months,did not include creating an account here,rank your account to at least full member so you can post images and banners for full level rank when the time comes,you have a good service and offer but did not anticipated the announcement ..

Bit20 is a cryptocurrency index fund in a form of a smartcoin on the BitShares platform. The supply is actually created by traders when borrowing and shorting the asset back by a collateral in BTS. As Bit20 is a smartcoin of a DPOS platform, it is a DPOS token.

Everything is explained in the "FAQ" and the "About bit20" tab on the website, your question would need a more extended answer that is already explained in a simple but precise way here : www.bittwenty.com

Please have a look