Topic: Bitmark - page 104. (Read 622213 times)

Applause, the distribution is in slow-mo, the development at light speed - I've never seen a more transparent coin!

I hope the website launching soon

Nothing is up about it, it's very much down.  

Yesterday for example only 1160 BTM were created, less than 10% of what would have been normally.

Very happy about this, we have a very active team which is now in the double digits working daily, hardly any BTM being created, and a low volume market.

It's very healthy if you consider it in terms of currency, you see even with a room full of miners or a bank full of cash, you couldn't acquire enough BTM to become a whale no matter what you tried.
Or if you consider it in terms of a project, there is no noise or distractions, just lots of productivity.

It's nicer to have a busy team environment and an inbox full of interested parties, than a thread full of speculators, shills or noise.

Please do not worry about hashrate or price, we have ensured that both will be relatively stable and grow smoothly when our systems are being used, which is not now as we are creating them.

If anybody feels it's all a little boring, you are perhaps looking at the wrong things - check out our open project management, look at our github, or join in with our team on stack, I can assure you that side is anything but boring, and that's where it matters.

Warmest regards & thank you to all for letting us work without distractions, and to the many who are joining in.

What's up with the hash rate? I threw a 90 mh contract rig at it for 3 weeks, but it expired on tuesday. Did everyone else's expire at the same time? I might do another, but it will have to be at a much lower hash rate as the reward was no where near as good as just buying BTM, but i'll do what i can to support the network.

An official Flagship website does not yet exist, however it is almost complete. We will launch when we are satisfied with the quality of the product. We are currently developing many exciting things, one of them being Marking.

Here are some worthwhile links to read, and get acquainted with the Project.

https://github.com/project-bitmark/bitmark/wiki

https://github.com/project-bitmark/marking/wiki

https://trello.com/b/lG3Vefkx/general (Project Tracking)

no website

Mark, it's up to you, I don't have enough time to follow every update of this project.

I am proud to see how our little Volunteer team is expanding, bringing together knowledge from every corner of the web, to work on a monumental project that will foster a paradigm shift stretching beyond the world of crypto.

Melvster / Androidicus / TheDirector / BatesResearch

Thank you for joining the team on Stack - https://projectbitmark.slack.com

Perhaps not, in earlier threads we explored many different funding models, and ultimately couldn't find any that was fair, so decided to just develop and request donations and see what happened.

Bitmark BTM isn't really the project, it's just the required foundation on which we can build useful things without requiring other projects to change or modify things in order for us to proceed - it's also balanced for our particular needs. One area of work we will do on bitmark is adding a powerful API.

We are creating a global reputation system, you will be familiar with 'likes' and 'upvotes' and 'karma', we have marks. A primary difference is that marks have a limited supply and are passed from person to person through the process of marking. Each mark is a divisible transferable token designed to be earned and passed as reputation from person to person, capturing the associated value, distributing the supply, and reflecting value over time - you earn marks by sharing or creating something people value, and you give marks to others for things they have shared or created.

There is quite a large document covering everything if you'd like to read more, and a growing community who'll answer any questions you may have.

These images may help visually describe what we are making.







The last one is quite subtle, it's a DAC/DA and multisig rolled in to one simple usable thing.

Ahh okay I must of misread then.

Whoops, there was no IPO, ICO, premine or anything similar. Short version, the only people who have any BTM have mined or bought it.

This is a copy paste from the Qibucks forum.  I don't think my explanation was good enough.  I read about a Bitmark IPO/reverse IPO.  This will allow people to share in the profits from the BitMark IPO.  So almost like a mutual fund.

"All HOLDERS OF QIBUCK COIN that baghold 100 or more coins at the time of the monthly audit will be eligible to receive a dividend bonus from this portion of the incoming revenues. Basically the more coins one bagholds, the larger the dividend bonus will be. This is what will help the price of QIBUCK grow over time as opposed to dwindle, due to lack of interest, dumping and moving on type of coins. Bagholders will be paid in Bitcoin.There are three pools for Bagholders. If you own 100-999 Qibuck coins you are eligible to earn from the MINI bagholder pool. If you own between 1000 and 9999 Qibuck coins you are eligible to earn from both MINI AND MIDI bagholder pools. If you are in the top category of owning 10000 plus Qibuck coins then you will earn from ALL THREE POOLS.
MINI BAGHOLDERS: 20%  - 100-999 QIBUCKS
MIDI BAGHOLDERS: 15%  -  1000-9999 QIBUCKS
MAXI BAGHOLDERS: 15% - 10000 QIBUCKS PLUS"

Disclosure: I do own some QBK but I also believe that POBH would also benefit Bitmark.  

Thanks! and no, what would the purpose be? I am not familiar with proof of bag hold.

There looks to be a lot of promising stuff going on with this coin.  Have you thought of adding in POBH (Proof Of bag Hold) like what QiBucks has?

To confirm, tobeaj2mer01's involvement was earlier on, everybody else is fine and happy I do believe! sure hope so.

tobeaj2mer01, what amount do you propose? should we sort it out via email or publicly, i am happy with either what do you feel is fair return.

Your frustration is clear, I am confident that Marks response has put you at ease. Let me further reassure you that Mark is not deliberately discounting or disrespecting you in any way. Mark has become increasingly busy the past weeks, working to bring forward a system the likes of which the crypto-currency world has never seen.

In addition, I have pledged to cover all liability within these loans, so rest assure that your investments are secured. (though I understand that is not your main concern)

Thanks Mark, sure, we can.

Sorry! please all reach out to [email protected] at any point for near instant replies, I don't spend much time on the forum now, all things happen in stack.

tobeaj2mer01, can we agree a suitable amount? I'd be keen to consider us all square.

Thanks for your explanation, 0.5 BTC or equivalent BTM is not my concern, what I concerned is that I PMed you two times, but don't get any feedback, it pissed me off and felt not respected.

Welcome  Melvster.