Topic: Bitmark - page 74. (Read 622213 times)

We're also working on things that might help speed that up in the meantime too. Hopefully you won't have to wait the full time.

ok - the coins produces an average of about 24 blocks per day so now I have an idea of how long before they mature.

Oh, ok. A good amount then. I was going to say if it was just a few I could just send you some to use for marking or whatever if you wanted them for that.

about 500

720 until coins mature.

Depending on what happens you might be waiting a while, not sure. How many did you end up mining if you don't mind me asking?

can someone tell me how many confirmations are required for this coin. I solo mined it last week and they're still not confirmed.

thanks in advance.

biggest unknowns for me is whether bitmark will go inactive or whether it will go viral

also whether recent systems such as changetip will start marking using bits, or reddit notes or some other system will go viral

What are the unknowns you're referring to? Obviously pushing back deadlines has been a bit annoying and that's my only bother. Im hesitant to approach certain apps/websites about implementing marking if I can't confidently tell them when to expect x,y,z. But on an overall Im still very hopeful and indeed bullish, on this project.

I must imagine what Satoshi's efforts would have revealed had the community not existed... or been given time.

Start coding melvin?!

inversely proportional to your observations <3

P.S. Speculation killed the cat.

However, the milestones in this roadmap are quite some time in the past.

From what I have observed

- Core dev is down 90%+ from its peak
- Daily marking is down 90%+ from its peak
- Mining is down 90%+ from its peak
- Price is probably the most stable only down about 80% from its peak
- Some of the projects based on marking (real world marking, music site, markthis) seem to have stalled

Much of the work was believed to being done in private repositories.  Then this was to be moved to a public open source project, but that has not yet happened.  There are, imho legitimate, concerns that something is not right about this project, ranging from whether it's a pump and dump, to wondering if coinsolidation has moved on to other things already.

http://vps.bitmark.co/git

What has been anticipated on a 1-2 day time frame, has changed to a 10-20 day time frame, or perhaps even a 50-100 day time frame.  

The first scenario would be good for the project, the middle I think is OK, but It's not clear how much traction this project will achieve is on the latter time scales.  

Certainly Satoshi pulled off such a feat over a 10 year period, but I think the landscape has changed a lot now

2015 may well be a big year for bitmark, and I hope it is!  I think the project could do well if mark stays with it.  But imho, there are still some unknowns.

From Bitmark PM Medic:

Really a lot to read, is there some kind of overview or roadmap, for an easy overview what
is coming next?

2015 is going to be a great year for Bitmark.

 

Bitmark looks very promising, i hope it will be one of the success stories in cryptoland.

There's no real demand yet thus all of the trading so far has just been speculative. But now that we have a few separate services gearing up to go and a paypal to BTM portal slowly but surely there should be some real usage coming.

what happened to the price of this coin? I thought bitmark was one of the success stories?

The tax was scrapped before the currency was created We are funded by donations, and I personally am 100% committed to the project for several years to come, regardless of funding.  Many of us are here every day, and available in slack the majority of each day, any of you are welcome to drop in at any point.

Well I'm a bit concerned about the development funds. What I read from your "project-bitmark" under Development Fund; is that the development team gets paid, in a sense, each time a block is mined and with transaction fees. At this point we are barely mining and transactions can take up to 2-3 days to confirm, so not very many transactions are going on. The development team isn't getting paid much right now, so I'm worried there won't be any incentive in 4 months and the surprise I come to will be a dead coin. I don't know exactly how the team is being funding but I have seen far too many coins go "well I'm paying out of pocket now and things aren't looking good"
I feel like I may have read something about your funding in the forums but searching though 90 pages doesnt sounds fun, so if I am wrong please point me in the right direction.
I have faith in the team and know they can do good work as they have already. I just don't want you to run out of funds and incentive to continue working and building up this coin.

http://www.cryptoshop.co/product/bitmark-2/ - Buy Bitmark with Paypal

Thank you Johndec2.

We are making steady progress now, all components including the UI for markthis are coming together nicely.

The 1.3 million coins not yet mined are merely delayed.  Interestingly the shortfall makes space for a natural S curve of adoption, should the network start growing day after day, then blocks will roll out slightly faster than planned, giving space for coin supply to "catch up".