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Topic: [BITZ] The Only 10% PoS Crypto to have - page 2. (Read 81866 times)

hero member
Activity: 686
Merit: 500
October 28, 2015, 07:20:55 AM
Even if you have 1,000,000 BITZ to give away, that's only $1800 worth.  6BTC.  How many altcoins can you buy with that?  Since it's not the primary way that BITZ is generated or distributed, what is the point of you doing this? 

Who is going to run the coin swap?  You don't even want to run BITZ, but now you can run a BITZ swap?

You said you're going to hold your own BITZ, so who is going to give away their BITZ in exchange for burned altcoins?  Did you change your mind, and now you're offering to give away all your own BITZ?  But you won't exchange it for another coin?

Look, it seems like you're being defensive because you think we're attacking you or something.  But we can't destroy BITZ.  That's up to BITZ users.  We can't do anything but make an offer.

If 100% of BITZ holders want to burn their coins, then BITZ had no future anyway.  But you already know that 100% of the coins won't be burned, if you're not going to burn yours.  So what's the problem?
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
October 28, 2015, 06:07:01 AM
Let's see, would you be interested in burning old coins for BITZ, we will offer a fair rate of exchange and will counter offers from BARR. What do you say?
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
October 28, 2015, 06:04:16 AM

...I don't see why BARR is any more special than BITZ or anything else.




For one thing, BARR has people who want to run it.  The BITZ dev says BITZ isn't worth the cost of nodes, and nobody has disagreed.

You made an open offer to give away the future of BITZ, and the only taker is BARR. 



I gave an offer to take over the development, not to destroy the network. We have a stable and good staking mechanism. I guess that I am naive and maybe a takeover is a bad idea as whoever did that may just destroy the network to get one less altcoin out there. We'll keep running it for now.

Maybe I should offer BITZ for burning coins, I'll think about that...
hero member
Activity: 686
Merit: 500
October 28, 2015, 05:58:42 AM

...I don't see why BARR is any more special than BITZ or anything else.




For one thing, BARR has people who want to run it.  The BITZ dev says BITZ isn't worth the cost of nodes, and nobody has disagreed.

You made an open offer to give away the future of BITZ, and the only taker is BARR. 

legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
October 28, 2015, 05:35:12 AM

Then I will offer BITZ up for a "friendly" takeover if anyone is interested to carry this forward.



BARR can offer a coin swap for the full supply of BITZ at a set rate, effectively merging it into BARR for any users who want to participate.  Anyone who doesn't want to swap their coins can hold their BITZ and keep it going. 

We can start as soon as December 1.  Anybody interested?  We're launching November 1 and absorbing 3 altcoins in the initial swap period, so maybe wait until next week and you can see how we operate. 

Details are at barr.me or our ANN at bitcointalk.org/index.php?topic=1219460.0

I've seen your thread and I don't really see the point, I don't have that many BITZ anyway but people can do what they want of course.



What point do you see in a BITZ takeover?  You said this is the smallest community ever, and a takeover won't change that. 

I think BARR could accomplish the same things in the spirit of a takeover, but with a bigger community.  If BITZ gets delisted from all exchanges, then people will have no options left for their coins.  But if they swap their coins, they'll have BARR which can never be delisted from the decentralized NXT Asset Exchange.  It will always be exchangeable for NXT as long as NXT exists, because it's coded into the NXT wallet.  NXT is listed at every exchange and has a huge community that would be immediately available to BITZ holders.   

BITZ will be at Bittrex for as long as Bittrex is running and at Cryptopia and Bleutrade so you can be confident that you can trade BITZ if you want. We will keep BITZ running but we won't do extensive coding to change the PoS system or anything like that. I'm just not going to pay for nodes etc. we will not go away. The takeover is suggested to move it forward, we have a good code and stable network for months now.

As, I said BITZ is not under any kind of control so if BITZ holders wish to swap for BARR then fine, I'm not going to swap my BITZ, I'm holding...BARR is just another crypto running on NXT and I don't see why BARR is any more special than BITZ or anything else. If you noticed, the successful cryptos are more or less the older ones and the ones that will be successful in the future are the cryptos that will find a way to infiltrate everyday use. BARR changes nothing and BITZ changes nothing until you can use them to buy things and there is a way to obtain them. You can obtain BITZ by staking.

I am not against what BARR is doing, I just don't see that it's a game changer in any way. Good luck...
hero member
Activity: 686
Merit: 500
October 28, 2015, 05:05:59 AM

Then I will offer BITZ up for a "friendly" takeover if anyone is interested to carry this forward.



BARR can offer a coin swap for the full supply of BITZ at a set rate, effectively merging it into BARR for any users who want to participate.  Anyone who doesn't want to swap their coins can hold their BITZ and keep it going. 

We can start as soon as December 1.  Anybody interested?  We're launching November 1 and absorbing 3 altcoins in the initial swap period, so maybe wait until next week and you can see how we operate. 

Details are at barr.me or our ANN at bitcointalk.org/index.php?topic=1219460.0

I've seen your thread and I don't really see the point, I don't have that many BITZ anyway but people can do what they want of course.



What point do you see in a BITZ takeover?  You said this is the smallest community ever, and a takeover won't change that. 

I think BARR could accomplish the same things in the spirit of a takeover, but with a bigger community.  If BITZ gets delisted from all exchanges, then people will have no options left for their coins.  But if they swap their coins, they'll have BARR which can never be delisted from the decentralized NXT Asset Exchange.  It will always be exchangeable for NXT as long as NXT exists, because it's coded into the NXT wallet.  NXT is listed at every exchange and has a huge community that would be immediately available to BITZ holders.   
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
October 28, 2015, 04:21:44 AM
I will keep my bitz, i like the name too much Smiley

BARR is just like any other crypto, just a different distribution by apparently swallowing up some minor alts, but consider the fact that the top 5 altcoins (Litecoin, Ethereum, Bitshares, Dash & Dogecoin) makes up about 97% of the total volume of traded altcoins so if Fractalcoin and Keycoin are wiped out it makes no difference to anything. It's just yet another fad in altcoin distribution.
legendary
Activity: 966
Merit: 1001
October 28, 2015, 02:47:53 AM
I will keep my bitz, i like the name too much Smiley
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
October 27, 2015, 11:43:34 PM

Then I will offer BITZ up for a "friendly" takeover if anyone is interested to carry this forward.



BARR can offer a coin swap for the full supply of BITZ at a set rate, effectively merging it into BARR for any users who want to participate.  Anyone who doesn't want to swap their coins can hold their BITZ and keep it going. 

We can start as soon as December 1.  Anybody interested?  We're launching November 1 and absorbing 3 altcoins in the initial swap period, so maybe wait until next week and you can see how we operate. 

Details are at barr.me or our ANN at bitcointalk.org/index.php?topic=1219460.0

I've seen your thread and I don't really see the point, I don't have that many BITZ anyway but people can do what they want of course.
sr. member
Activity: 476
Merit: 250
October 27, 2015, 10:07:56 PM
go,go,go BITZ up 2000 satoshi. not to be outdone by another coin .
do not dream. Bitz was not possible in 2000 satoshi.lol
hero member
Activity: 686
Merit: 500
October 27, 2015, 09:45:11 PM

Then I will offer BITZ up for a "friendly" takeover if anyone is interested to carry this forward.



BARR can offer a coin swap for the full supply of BITZ at a set rate, effectively merging it into BARR for any users who want to participate.  Anyone who doesn't want to swap their coins can hold their BITZ and keep it going. 

We can start as soon as December 1.  Anybody interested?  We're launching November 1 and absorbing 3 altcoins in the initial swap period, so maybe wait until next week and you can see how we operate. 

Details are at barr.me or our ANN at bitcointalk.org/index.php?topic=1219460.0
hero member
Activity: 546
Merit: 500
October 26, 2015, 04:12:25 AM
go,go,go BITZ up 2000 satoshi. not to be outdone by another coin .
legendary
Activity: 966
Merit: 1001
October 23, 2015, 04:14:47 AM
Oh man that is a shame but completely understanding.
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
October 22, 2015, 03:47:53 AM
The survey has ended and I got 23 complete responses and I have deleted all the incomplete responses. I will publish a summary and propose a direction for BITZ.

Then I will offer BITZ up for a "friendly" takeover if anyone is interested to carry this forward. This comes with Github access, transfer of the https://bitz.biz domain, takeover of the Twitter account with 1068 followers etc. so that you can continue this if you want. I'm not sure if the admins can transfer a BCT board to anyone else, we'll see but my guess is that nobody will be interested so that wont be a problem.

If nobody is interested we will continue to support BITZ but scale down to one block explorer and we will not support any nodes. I will still run a BITZ wallet.

The reason for this is simple, it's too time consuming and expensive to pay for explorers, nodes etc. to run a crypto with what must be the smallest community ever. That is a shame, as the code is good and the network is stable and there is room for development. I do not have enough BITZ and the value is too low to finance these things and then spend a lot of time on something that attracts minimum attention.
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
October 22, 2015, 03:12:11 AM
I lost 10000 on c-cex. Any chance of getting them back now?

I doubt it, C-Cex post a message saying that you can not withdraw after the delisting, there was a long warning period and they should have sent you an e-mail
sr. member
Activity: 437
Merit: 250
October 22, 2015, 02:39:56 AM
I lost 10000 on c-cex. Any chance of getting them back now?
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
October 21, 2015, 02:30:10 PM
I will not seek to "save" on C-Cex so bye bye C-Cex and come to Bittrex to trade BITZ - https://bittrex.com/Market/Index?MarketName=BTC-BITZ - we will keep BITZ going on Bittrex, Bleutrade and Cryptopia so no worries if you wanna trade BITZ.
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
October 21, 2015, 12:28:01 PM
do you have community funds ?
-bounty
-airdrops
-reserves

No, not really, some has been spent to get block explorers etc. up and running and a couple of nodes etc. At the moment, everything is coming straight out of my own pocket and we have the smallest community in cryptoland
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
October 21, 2015, 09:56:51 AM
do you have community funds ?
-bounty
-airdrops
-reserves
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
October 15, 2015, 12:47:05 PM
dev when you will release new road map...
price dying and i keep hold now....

waiting for good news from you Smiley

As I am sure you have noticed, I am doing a little survey (https://www.surveymonkey.com/r/HCRCB7J) to find out a few things that I will take into account before deciding what to do next. I am also discussing with the other party with regards to a future update. The plan right now is to finish the survey, I am hoping for 100 replies, and then see what people say.

It's a thankless task to try and run and develop a crypto with a tiny community and no other engagement. We are 1 1/2 person doing this and despite having been around for a few months there hasn't been a single person who has expressed any interest in helping out.

Also, what appears to me is that there are a lot (?? few) people just sitting on BITZ waiting for us to "do things" to get the value up so that they can sell. The replies so far to the survey again is pretty abysmal and people just don't care beyond the aspect of value.

people are just sitting around waiting for the price to go up. This is not a good incentive from our point of view and why should we put in the work just to try and make a few bucks for a lot of hangers on?

We are working at our own pace but we are not going away.
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