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Topic: [BOUNTY][Exchange] 🔥 BitFlip[FLIP] - payments every week! 🔥 Join (Read 17910 times)
September 05, 2018, 06:50:35 PM
September 05, 2018, 06:28:42 PM
I joined airdrop.
Telegram username :- @Ritwik24
Telegram username :- @Ritwik24
September 05, 2018, 04:55:50 PM
Tham gia Airdrop!
ID Telegram: @anhquan0212
ID Telegram: @anhquan0212
September 05, 2018, 04:05:19 PM
I joined airdrop.
Telegram username :- @Ritwik24
Telegram username :- @Ritwik24
September 04, 2018, 05:31:40 AM
Tham gia Airdrop!
ID Telegram: @anhquan0212
ID Telegram: @anhquan0212
February 15, 2019, 08:02:21 AM
Bitflip token statistics has become public
A long-awaited section with information about BF (BitFlip) tokens has appeared on our exchange. In this section you can find information about the total debt balance, the percentage of redemption for each token, data on your balances and your redemption share. The entire redemption history of BitFlip tokens is also recorded.
The link to the “Bitflip” section is available at the bottom of the website (in a footer).
In the section you can also read the terms of redemption algorithm with examples.
Join our official BITEXBOOK Telegram channel and Telegram - chat in order to obtain first-hand information and to keep up with the latest news!
January 17, 2019, 04:02:20 AM
The algorithm of of BitFlip debt buyout has been set
The percentage of BitFlip debt tokens buyout from token holders of the total amount of funds allocated for repayment at each stage of the buyout will depend from 2 factors:
- the percentage of BitFlip token user's ownership of the total debt towards this BitFlip token - coefficient 1 (C1);
- the percentage of the user's trading activity (in BTC equivalent) of the total trading activity of all BitFlip token holders (in BTC equivalent) - coefficient 2 (c2).
The buyout procedure:
1. The special page will contain the following statistics:
1.1. the total amount of debt for each BitFlip token;
1.2. the amount of debt redeemed for each BitFlip token, as well as the percentage of the total amount of debt (paragraph 1.1.);
1.3. the total amount of debt of each user for each BitFlip token (you need to log in);
1.4. the amount of debt redeemed by each user for each BitFlip token, as well as the percentage of the total amount of the user's debt (paragraph 1.3.);
1.5. Debt buyout history which includes the buyout date, the currency and the amount sent for buyout in a given period.
2. While calculating the percentage of funds (C1) that will be credited to each user from the amount sent for buyout in a given period, only free tokens (not involved in trading at the buyout moment) of the user are taken into account.
Example: the total amount of debt on BTCbf tokens not involved in trade is 100 BTC. Client A has 5 BTCbf free, which is 5% of the total amount of debt (C1 = 0.05), client B has1 BTCbf (C1 = 0.01), client C - 10 BTCbf (0.1), etc.
3. When calculating C2, the percentage of the total trading volume (in BTC) of BitFlip tokens owner of to the total trading volume (in BTC) of all owners of any BitFlip token is counted for the period between the payments of debt obligations.
Example: for a certain reporting period, all customers owning BitFlip tokens performed a 100 BTC trading volume. From this amount, client A made a 10 BTC volume (C2 = 0.1), client B - 30 BTC (C2 = 0.3), client C - 1 BTC (C2 = 0.01), etc.
4. The funds send for the buyout of debt tokens will be divided into two parts of 50%. The first half will be divided according to the coefficient 1 (C1), the second - according to the coefficient 2 (C2).
Example: 4 BTC are decided to be sent for buying out BitFlip tokens. Clent A has the coefficients 0.05 (C1) and 0.1 (C2), respectively, client B has 0.01 (C1) and 0.3 (C2), client C has 0.1 (C1) and 0.01 (C2).
Therefore, 4 BTC * 0.5 * C1 + 4 BTC * 0.5 * C2 = 4 BTC * 0.5 * 0.05 + 4 BTC * 0.5 * 0.1 = 0.3 BTC will be bought out from client A, 4 BTC * 0.5 * 0.01 + 4 BTC * 0.5 * 0.3 = 0.62 BTC from client B, 4 BTC * 0.5 * 0.1 + 4 BTC * 0.5 * 0.01 = 0.22 BTC from client C, etc.
As you can see, Client C with the largest share of debt (C1 = 0.1) received the smallest share of the buyout while he practically did not make a trading volume (C2 = 0.01). And vice versa: Client B received the payout 3 times bigger than Client C since he has a larger volume (C2 = 0.3).
5. The buyout of tokens takes place automatically and is recorded in the wallet financial history with two operations: the write-off of the token with the prefix “bf” from the wallet and the deposit of the token without the prefix “bf”.
6. The date of the next buyout is determined by the BITEXBOOK administration that notifies the holders of BitFlip tokens within 3 working days by e-mail, as well as through the news publication on the site.
January 17, 2019, 03:58:43 AM
BITEXBOOK is BitFlip’s assignee
Earlier BitFlip declared itself bankrupt as it had not been able to fulfill its financial commitment anymore. During the bilateral negotiations we reached an agreement according to which StreamCapital Group company (BITEXBOOK cryptocurrency exchange) becomes a legal successor of the rights and duties of BitFlip exchange. Under the terms of the agreement, the following rights and obligations were transferred:
- right to domain names bitflip.li, bitflip.cc, bitflip.info;
- obligations on payment of money to clients BitFlip;
- right to the remainder of Fiat money held in the accounts of BitFlip, and cryptocurrency.
The BITEXBOOK Exchange undertakes to fix BitFlip customers balances in its system by issuing debt tokens in the equivalent of the currency in which balances have been remaining on BitFlip customers’ wallets (tokens are issued with the “bf” prefix).
The redemption of these tokens in the ratio of 1:1 will be made from the funds received from trading fees (in the amount of 100% ) of BitFlip customers. In the future, the BITEXBOOK management is ready to provide additional reserve funds for the prompt discharge of debt obligations. Moreover, we are planning to negotiate with the management of some coins, offering them to help compensate for the losses incurred by the BitFlip team.
Earlier BitFlip declared itself bankrupt as it had not been able to fulfill its financial commitment anymore. During the bilateral negotiations we reached an agreement according to which StreamCapital Group company (BITEXBOOK cryptocurrency exchange) becomes a legal successor of the rights and duties of BitFlip exchange. Under the terms of the agreement, the following rights and obligations were transferred:
- right to domain names bitflip.li, bitflip.cc, bitflip.info;
- obligations on payment of money to clients BitFlip;
- right to the remainder of Fiat money held in the accounts of BitFlip, and cryptocurrency.
The BITEXBOOK Exchange undertakes to fix BitFlip customers balances in its system by issuing debt tokens in the equivalent of the currency in which balances have been remaining on BitFlip customers’ wallets (tokens are issued with the “bf” prefix).
The redemption of these tokens in the ratio of 1:1 will be made from the funds received from trading fees (in the amount of 100% ) of BitFlip customers. In the future, the BITEXBOOK management is ready to provide additional reserve funds for the prompt discharge of debt obligations. Moreover, we are planning to negotiate with the management of some coins, offering them to help compensate for the losses incurred by the BitFlip team.
so how can users of bitflip get theire remaining token balances?
Please, follow this instruction: https://bitflip.li/migration
January 08, 2019, 02:50:43 AM
BITEXBOOK is BitFlip’s assignee
Earlier BitFlip declared itself bankrupt as it had not been able to fulfill its financial commitment anymore. During the bilateral negotiations we reached an agreement according to which StreamCapital Group company (BITEXBOOK cryptocurrency exchange) becomes a legal successor of the rights and duties of BitFlip exchange. Under the terms of the agreement, the following rights and obligations were transferred:
- right to domain names bitflip.li, bitflip.cc, bitflip.info;
- obligations on payment of money to clients BitFlip;
- right to the remainder of Fiat money held in the accounts of BitFlip, and cryptocurrency.
The BITEXBOOK Exchange undertakes to fix BitFlip customers balances in its system by issuing debt tokens in the equivalent of the currency in which balances have been remaining on BitFlip customers’ wallets (tokens are issued with the “bf” prefix).
The redemption of these tokens in the ratio of 1:1 will be made from the funds received from trading fees (in the amount of 100% ) of BitFlip customers. In the future, the BITEXBOOK management is ready to provide additional reserve funds for the prompt discharge of debt obligations. Moreover, we are planning to negotiate with the management of some coins, offering them to help compensate for the losses incurred by the BitFlip team.
Earlier BitFlip declared itself bankrupt as it had not been able to fulfill its financial commitment anymore. During the bilateral negotiations we reached an agreement according to which StreamCapital Group company (BITEXBOOK cryptocurrency exchange) becomes a legal successor of the rights and duties of BitFlip exchange. Under the terms of the agreement, the following rights and obligations were transferred:
- right to domain names bitflip.li, bitflip.cc, bitflip.info;
- obligations on payment of money to clients BitFlip;
- right to the remainder of Fiat money held in the accounts of BitFlip, and cryptocurrency.
The BITEXBOOK Exchange undertakes to fix BitFlip customers balances in its system by issuing debt tokens in the equivalent of the currency in which balances have been remaining on BitFlip customers’ wallets (tokens are issued with the “bf” prefix).
The redemption of these tokens in the ratio of 1:1 will be made from the funds received from trading fees (in the amount of 100% ) of BitFlip customers. In the future, the BITEXBOOK management is ready to provide additional reserve funds for the prompt discharge of debt obligations. Moreover, we are planning to negotiate with the management of some coins, offering them to help compensate for the losses incurred by the BitFlip team.
so how can users of bitflip get theire remaining token balances?
December 13, 2018, 04:50:15 AM
BITEXBOOK is BitFlip’s assignee
Earlier BitFlip declared itself bankrupt as it had not been able to fulfill its financial commitment anymore. During the bilateral negotiations we reached an agreement according to which StreamCapital Group company (BITEXBOOK cryptocurrency exchange) becomes a legal successor of the rights and duties of BitFlip exchange. Under the terms of the agreement, the following rights and obligations were transferred:
- right to domain names bitflip.li, bitflip.cc, bitflip.info;
- obligations on payment of money to clients BitFlip;
- right to the remainder of Fiat money held in the accounts of BitFlip, and cryptocurrency.
The BITEXBOOK Exchange undertakes to fix BitFlip customers balances in its system by issuing debt tokens in the equivalent of the currency in which balances have been remaining on BitFlip customers’ wallets (tokens are issued with the “bf” prefix).
The redemption of these tokens in the ratio of 1:1 will be made from the funds received from trading fees (in the amount of 100% ) of BitFlip customers. In the future, the BITEXBOOK management is ready to provide additional reserve funds for the prompt discharge of debt obligations. Moreover, we are planning to negotiate with the management of some coins, offering them to help compensate for the losses incurred by the BitFlip team.
Earlier BitFlip declared itself bankrupt as it had not been able to fulfill its financial commitment anymore. During the bilateral negotiations we reached an agreement according to which StreamCapital Group company (BITEXBOOK cryptocurrency exchange) becomes a legal successor of the rights and duties of BitFlip exchange. Under the terms of the agreement, the following rights and obligations were transferred:
- right to domain names bitflip.li, bitflip.cc, bitflip.info;
- obligations on payment of money to clients BitFlip;
- right to the remainder of Fiat money held in the accounts of BitFlip, and cryptocurrency.
The BITEXBOOK Exchange undertakes to fix BitFlip customers balances in its system by issuing debt tokens in the equivalent of the currency in which balances have been remaining on BitFlip customers’ wallets (tokens are issued with the “bf” prefix).
The redemption of these tokens in the ratio of 1:1 will be made from the funds received from trading fees (in the amount of 100% ) of BitFlip customers. In the future, the BITEXBOOK management is ready to provide additional reserve funds for the prompt discharge of debt obligations. Moreover, we are planning to negotiate with the management of some coins, offering them to help compensate for the losses incurred by the BitFlip team.
November 12, 2018, 12:24:24 PM
The xrp output does not work. Support ignores, almost a month already requests to wait. By all indications scam. Very reminiscent of BTC-E
November 10, 2018, 06:09:04 AM
why i didn't get my tokens contact me
September 04, 2018, 12:02:49 AM
Week #1
Facebook
Shares + Likes
1. https://www.facebook.com/amro.trikid/posts/10212205125466225
2. https://www.facebook.com/amro.trikid/posts/10212210015988485
3. https://www.facebook.com/amro.trikid/posts/10212219066614745
4. https://www.facebook.com/amro.trikid/posts/10212228785097701
5. https://www.facebook.com/amro.trikid/posts/10212228787657765
Shares + Likes
1. https://www.facebook.com/amro.trikid/posts/10212205125466225
2. https://www.facebook.com/amro.trikid/posts/10212210015988485
3. https://www.facebook.com/amro.trikid/posts/10212219066614745
4. https://www.facebook.com/amro.trikid/posts/10212228785097701
5. https://www.facebook.com/amro.trikid/posts/10212228787657765
September 03, 2018, 11:45:01 PM
Ethereum adress: 0xe4AD5A7f75dFfd3a6995ACc18fF3eF6D4bB9dd
Twitter username : @CryeptorFre
Telegram username: @NAgergDIKAgGNC56
Twitter username : @CryeptorFre
Telegram username: @NAgergDIKAgGNC56
August 27, 2018, 08:34:32 AM
I did not get my tkens
contact me
contact me
August 27, 2018, 12:37:25 AM
Hello, is Bitflip bounty still open? Please let me know how I can join. Thanks a lot!
August 21, 2018, 01:11:22 AM
why I did not get tookens?
August 08, 2018, 10:16:39 AM
a little doubtful
August 02, 2018, 03:16:21 PM
week #4 (07/07)
ARTICLES Campaign
Articles links:
1. https://bitcoinrush.md/bitflip-crypto-traiding/
Bitcoinrush
ARTICLES Campaign
Articles links:
1. https://bitcoinrush.md/bitflip-crypto-traiding/
Bitcoinrush
August 02, 2018, 07:55:51 AM
Participated campaigns:
Facebbok campaign
Twitter campaign
Signature campaign
Reddit campaign
Facebbok campaign
Twitter campaign
Signature campaign
Reddit campaign
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