Topic: Bitmark - page 117. (Read 622213 times)

Medic, your are too kind, thank you for offering this security, and for your confidence.

I trust that the Bitmark Community will see the magnitude of our Project and assist Project Bitmark in meeting its goals.

I will commit to pay any liability in this loan. If for any reason Mark is unable to complete repayment, I will cover any remaining balance

 *(I do not foresee this to be an issue, as Mark is an honest and responsible individual)

I will make all necessary arraignments to have funds secured, 60 days from the date of the loans origination.

Just want to point out that if for whatever reason the BTM price alone does not cover the loan(I think it will, but regardless) Mark will easily be able to repay it through his regular job as a professional freelance programmer.

The risks are minimal considering the project rests on funding and the 10% interest is very generous in my opinion.

I would do it myself but I've also taken loans for Bitmark related expenses in the short term and will probably do so again since I believe the project is easily worth it and a good investment.

Update
Due to the increase in price-tag, developer loans are now closed, I will not be accepting any more. Due to the increase in price-tag all loans received are very secure.

Donations are still welcome to 1KsbYk2rMvwg456PyPmLuEgERPwyuxtGRL

archived ->

This needs resolved. Donations do not work. Here is an alternative call for funding.

I hereby request personal developer loans.

The terms offered are 60 days maximum until repayment, 10% interest if repayment is in BTC, 15% if repayment is taken in BTM.

Half will be used to purchase BTM, half will be used fund my time - food and such basics for home. I am confident that within 45 days the price tag of BTM will be double, through hard work full time from myself and others.

I specify 60 days rather than 45, to allow time at the end to earn money by traditional freelancing should the value not double, as a contingency to make up any shortfall.

I am looking to secure between 4 and 8 BTC total. 8 BTC is a top limit. Anybody who will take up my offer can do so for any amount, for the sake of management I would request a minimum of 0.1 BTC.

Every rationale and fair alternative to developer funding has been explored, and this is far less risk than a 6 figure IPO, we are already past one month in. Bitmark is gaining traction and as noted I am the key factor in the short term.

All I am really asking is to be enabled to work hard for you, I hope by transparency and hard work I have already proved that my intentions are good.

I hope this can be addressed, so that work can progress.

All loans will be collected publicly. Each lender will confirm publicly their loan unless they wish to remain anonymous, in which case I will post the transaction for them. This post will be updated to catalogue and reflect all loans.

Additionally

Yes. Any support for Mark's development benefits us 100 fold in the long run. Right now we're on the cusp of some big innovations in adoption by regular people but since Bitmark is 100% community funded it puts a lot of pressure on Mark working 16-18 hours a day on a non paying job. Especially when he has a family to take care of.

So especially if you're new to the project and weren't aware of our funding model it's no premine, no IPO ect. Our goal is to support full time development through donations. Anyone buying or mining BTM for future value can understand how much we all gain by having an top notch developer working around the clock of us.

Well yes, the idea behind is pretty good in my eyes. But at the moment - as you said - it's a lot of text. Price won't follow text, as most "investors" here don't read what they are investing into. They are blended by catchy buzz words and by quick bucks.
Most of the ideas proposed aren't implemented yet. And marking is not possible yet. So if price was much higher, it was certainly a hype. At the moment BTM it is not hyped in my eyes. Yet it is not deadly cheap either.
Even though I can see coinsolidation's dedication for the project, at the moment he is the key factor in this. BTM lives and dies with him. So it's still a huge risk.

I hope you don't get me wrong! I am holder of a few BTM and a supporter of this project and will buy more when time is right.

It's a lot of text. Bitmark sounds like an impressive project, but the price doesn't follow.

Yes, it seems some people from China have taken an interest in mining Bitmark.

At some point having some of our documentation translated would be good.

with network speed over 3.6 ghs ... have been looking at the pools that i know of and wondering where the hashing speed is hiding, a lot of solo miners; maybe?

found it: fastest pool here http://bitmark.dgbpool.com/index.php?page=statistics&action=pool

Thank you for that reminder Medic, I can confirm that I am entirely unfunded in every way and entirely reliant on donations.

On a more positive note. Bitmark Difficulty 102.8220513 - That is a nice milestone, Thank you.

I remind everyone that Project Bitmark has no Pre-mine and no-IPO. With the implementation of 'Marking', Bitmark offers a tangible vision for the future which far exceeds the ambitions of other currencies.


Mark (coinsolidation) has made every sacrifice imaginable to bring us "The Bitmark Community" to the point we are now. Mark recently sold his car to cover the next 2 months rent, so that this project does not leave his family without a roof over their heads.

Mark is committed to Project Bitmark and I hope many of you make a commitment to aid in the Funding efforts that are required for this project.

Please do what you can (18rai2ichzUfXG6PVmUQLNPqBjtctnVRAD)

Thank You! I will do that later today.

@coinsolidation

this is chinese version.

https://github.com/AKIo0O/insight

use the http header to switch the website language

or create chinese web server

I really like the opening post. The links in that post provide all the necessary information.
All you have to do is read. And be willing to read.
No big buzz words. No hype. That's quite a good "spam filter". 

Searched for you
All you need is here:

https://github.com/project-bitmark/bitmark/releases/tag/v0.9.2.1

Everything you need, with lots of detail, can currently be found by following links from the OP. The first two Quicklinks answer every question you currently asked.

I'm totally lost. Where can I find a wallet? Number of coins, algorithm, block time, etc.?

Dear pool ops, if you can't find your pool listed in !pools output of our IRC bot on #bitmark, please submit a pull request to this repo: https://github.com/sammy007/bitmarcy

I've been scrolling through this ANN for the last hour or so and I have to say it's refreshing to read about a coin that finally 'gets it' (I have a similar phylosophy when it comes to cryptocurrencies and 'their goals')..
Very well documentated, and the fact that you managed to call out pivotpoint in what it takes to develop an 'actual currency' tells me you guys knows what you are doing. Kudo's..

If you just found out about this one, like me, start by reading this; http://bitmarknews.com/2014/08/12/why-bitmark-will-be-important/

Good luck.

Sure did!

Shame I'm on 2 weeks holiday! Less time than when I'm working - how does that work?!