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Topic: [♔] British Digital Currency | 5% annual PoS - Bittrex - Fiat to BritCoin [BRIT] - page 52. (Read 125107 times)

sr. member
Activity: 427
Merit: 252
Website has been relaunched!  Grin

http://britcoin.io/

Thanks William, it's looking really nice.

One query - the wallet seems to stake less than expected (i.e. the returns are nowhere near 5% a year) - is there a new version coming which fixes this?
legendary
Activity: 973
Merit: 1000
legendary
Activity: 973
Merit: 1000
New website should be launched soon, just going over it for spelling/grammatical mistakes then I will put it live. Smiley
legendary
Activity: 2282
Merit: 1035
Don't worry Smiley just keep going Smiley

Because of this way of developing this coin is so special  Cool
legendary
Activity: 973
Merit: 1000
Have you read the 'Updates' section or our whitepaper?  We have plenty of plans currently in development. Smiley

I keep stressing the word patience because people shouldn't expect miracles to happen overnight.  Things take time to develop, just a fact of life.  Have faith in BritCoin, we're doing everything we can to make this work and need support.  Ask yourself what have you done to spread awareness of BritCoin?  Remember that BritCoin is a decentralized currency, I nor any of the BritCoin staff own BritCoin, its success is fundamental dependant on the users, all of us.

If you complain the price is low, there's a good chance you're partly the reason why. Smiley

Can you please quote first and then reply below the quote? It makes it easier to read and to re-quote Wink

Yes I have read it, and in each step you keep asking for the community to get in touch with Coinpayments.net, pock.io. You ask the community to tweet Forbes, BBC, Wired etc. You ask the community to develop an Android wallet/Block explorer/Multipool/Promotional video/Marketplace. Ofcourse the community needs to partake, but it just feels like you rely a bit too much on it.

Yes, you are in contact to get FIAT to BRIT and to get public ATM's, which again is good, but why would the average joe want to buy BRIT? What makes it special, what are the advantages over Bitcoin for instance, other than the obvious faster transaction times and PoS interest?

If you really want to overtake PayPal and Skrill, which is a huge goal, what are the steps you will be taking to get there?

You have said you've been working on BRIT 12-16 hours a day if I recall correctly, what are these hours spent on? Does it really take 12-16 hours daily to e-mail third parties getting them to accept BRIT?

Again, I really don't want to seem to negative, I have been tweeting about BRIT as well and getting friends to buy in, but there seems to be a lack of actual real developments.

[edit] And I think you should have some BRIT, to have more incentive to keep building and developing. Can you open a donation address?


I have been in touch with coinpayments and pock etc and they've told me they will add BritCoin is there's sufficient support from the community.  So asking the community to support us is not being overly reliant on them, it's just something that we need to do.  And as far as development bounties go, that's the reason we had the 1% premine.  You really think it's wise to take on 8+ development tasks in one go between a small team of us, or is it better to offer bounties to people who have more experience in whatever they're developing and have it done much quicker?

For example we're re-launching our website (britcoin.io) this evening, tomorrow we have our PR release distributed and we're hoping our fiat to brit platform will go live soon.  So we are working on important things, we just know we can get even more done with help from the community.

As for your questioning of my hours spent working on Brit I don't think you understand how many people/partners I have to deal with on a daily basis, sending and reading emails, PMs, tweets etc takes up a lot of time.

BritCoin is just over 3 weeks old now and we've come a really long way in that time, as I've said before everyone needs to be patient and good things will come. Smiley

Thanks for your support so far btw, hope you'll stick with us and we'll see how far we can take this project. Smiley

sr. member
Activity: 400
Merit: 250
Have you read the 'Updates' section or our whitepaper?  We have plenty of plans currently in development. Smiley

I keep stressing the word patience because people shouldn't expect miracles to happen overnight.  Things take time to develop, just a fact of life.  Have faith in BritCoin, we're doing everything we can to make this work and need support.  Ask yourself what have you done to spread awareness of BritCoin?  Remember that BritCoin is a decentralized currency, I nor any of the BritCoin staff own BritCoin, its success is fundamental dependant on the users, all of us.

If you complain the price is low, there's a good chance you're partly the reason why. Smiley

Can you please quote first and then reply below the quote? It makes it easier to read and to re-quote Wink

Yes I have read it, and in each step you keep asking for the community to get in touch with Coinpayments.net, pock.io. You ask the community to tweet Forbes, BBC, Wired etc. You ask the community to develop an Android wallet/Block explorer/Multipool/Promotional video/Marketplace. Ofcourse the community needs to partake, but it just feels like you rely a bit too much on it.

Yes, you are in contact to get FIAT to BRIT and to get public ATM's, which again is good, but why would the average joe want to buy BRIT? What makes it special, what are the advantages over Bitcoin for instance, other than the obvious faster transaction times and PoS interest?

If you really want to overtake PayPal and Skrill, which is a huge goal, what are the steps you will be taking to get there?

You have said you've been working on BRIT 12-16 hours a day if I recall correctly, what are these hours spent on? Does it really take 12-16 hours daily to e-mail third parties getting them to accept BRIT?

Again, I really don't want to seem to negative, I have been tweeting about BRIT as well and getting friends to buy in, but there seems to be a lack of actual real developments.

[edit] And I think you should have some BRIT, to have more incentive to keep building and developing. Can you open a donation address?
legendary
Activity: 973
Merit: 1000
Have you read the 'Updates' section or our whitepaper?  We have plenty of plans currently in development. Smiley

I keep stressing the word patience because people shouldn't expect miracles to happen overnight.  Things take time to develop, just a fact of life.  Have faith in BritCoin, we're doing everything we can to make this work and need support.  Ask yourself what have you done to spread awareness of BritCoin?  Remember that BritCoin is a decentralized currency, I nor any of the BritCoin staff own BritCoin, its success is fundamental dependant on the users, all of us.

If you complain the price is low, there's a good chance you're partly the reason why. Smiley

The price just dropped below 200 sats Shocked

Prices will rise, prices will fall.. Such is the nature of the beast.  But it's a great time for new buyers to get in to BritCoin, considering there are only 10.8m coins in existence the price is really undervalued.  Remember that BritCoin was only launched 3 weeks ago yesterday, so we're still in the very early days, we have a lot of plans for the future so it's a case of being patient and being rewarded afterwards. Smiley

It's undervalued if anything ever happens with it.  But you haven't indicated anything ever will.  Lofty goals about "becoming the official cryptocurrency of the UK" and tweeting news outlets to get an article written do not = innovation.  Innovation drives currency values - not long term hopes of adoption.  Want the price to go up?  Innovate.  And I'm not talking about anon.

I do have to agree with this, just didn't want to post about it for the risk of it being seen as FUD or scaring ppl off. It seems from the get-go you are expecting a lot from the community, which is ok, but when a coin gets launched you usually expect some unique selling points and idea's from the dev(s).

I bought 70k between 700-800 sat at the time, before Bittrex added. It just feels that it's constantly dwindling down with not a lot of activity. There should have been more things happening to keep the momentum going.

Are there any actual plans still being developed, besides contacting other news outlets to get the word out etc?
sr. member
Activity: 400
Merit: 250
The price just dropped below 200 sats Shocked

Prices will rise, prices will fall.. Such is the nature of the beast.  But it's a great time for new buyers to get in to BritCoin, considering there are only 10.8m coins in existence the price is really undervalued.  Remember that BritCoin was only launched 3 weeks ago yesterday, so we're still in the very early days, we have a lot of plans for the future so it's a case of being patient and being rewarded afterwards. Smiley

It's undervalued if anything ever happens with it.  But you haven't indicated anything ever will.  Lofty goals about "becoming the official cryptocurrency of the UK" and tweeting news outlets to get an article written do not = innovation.  Innovation drives currency values - not long term hopes of adoption.  Want the price to go up?  Innovate.  And I'm not talking about anon.

I do have to agree with this, just didn't want to post about it for the risk of it being seen as FUD or scaring ppl off. It seems from the get-go you are expecting a lot from the community, which is ok, but when a coin gets launched you usually expect some unique selling points and idea's from the dev(s).

I bought 70k between 700-800 sat at the time, before Bittrex added. It just feels that it's constantly dwindling down with not a lot of activity. There should have been more things happening to keep the momentum going.

Are there any actual plans still being developed, besides contacting other news outlets to get the word out etc?
full member
Activity: 256
Merit: 101
Guys, what was your lowest brit payment received from coinking?? i haven´t received any coins... lucky i stoped mining there last week...
legendary
Activity: 973
Merit: 1000
Haha point taken Cheesy


Want the price to go up?  Be patient. Smiley


No! If you want price grow, buy! Because the prices to go up if we buy!

Do not put big value to the order list if you want to sell! Divide your money to more pieces! The people buy easy if they see little orders. The big order is blocking the price growing, blocking the buy!

And do not want to be first in the sell order list! I see that many people buy on high prices and after they sell on low prices because more people want to be first in the order lists. It is the negative seller panic... Cheesy


I bought ~100k BRIT at the last night, prices go up! And just ~100k bought needed on bittrex how the prices increased up to 0.00000400. And I think that, the prices will stabilized beetwen 400 and 500 because there are a few negative sellers now. Go buy people! Smiley
newbie
Activity: 4
Merit: 0

Want the price to go up?  Be patient. Smiley


No! If you want price grow, buy! Because the prices to go up if we buy!

Do not put big value to the order list if you want to sell! Divide your money to more pieces! The people buy easy if they see little orders. The big order is blocking the price growing, blocking the buy!

And do not want to be first in the sell order list! I see that many people buy on high prices and after they sell on low prices because more people want to be first in the order lists. It is the negative seller panic... Cheesy


I bought ~100k BRIT at the last night, prices go up! And just ~100k bought needed on bittrex how the prices increased up to 0.00000400. And I think that, the prices will stabilized beetwen 400 and 500 because there are a few negative sellers now. Go buy people! Smiley
legendary
Activity: 973
Merit: 1000
I understand what you're trying to say, but have to disagree.  We are working on innovative developments that will help BritCoin grow, please check the updates section in the OP and our white paper to see what we're working on.  We have no interest in gimmick innovation that being in short term speculators who will pump and then inevitably dump the coin, our goal is to release features that will help mass adoption, such as buying BritCoins via instant bank transfer etc.

Want the price to go up?  Be patient. Smiley


The price just dropped below 200 sats Shocked

Prices will rise, prices will fall.. Such is the nature of the beast.  But it's a great time for new buyers to get in to BritCoin, considering there are only 10.8m coins in existence the price is really undervalued.  Remember that BritCoin was only launched 3 weeks ago yesterday, so we're still in the very early days, we have a lot of plans for the future so it's a case of being patient and being rewarded afterwards. Smiley

It's undervalued if anything ever happens with it.  But you haven't indicated anything ever will.  Lofty goals about "becoming the official cryptocurrency of the UK" and tweeting news outlets to get an article written do not = innovation.  Innovation drives currency values - not long term hopes of adoption.  Want the price to go up?  Innovate.  And I'm not talking about anon.
legendary
Activity: 2282
Merit: 1035
The price just dropped below 200 sats Shocked

Prices will rise, prices will fall.. Such is the nature of the beast.  But it's a great time for new buyers to get in to BritCoin, considering there are only 10.8m coins in existence the price is really undervalued.  Remember that BritCoin was only launched 3 weeks ago yesterday, so we're still in the very early days, we have a lot of plans for the future so it's a case of being patient and being rewarded afterwards. Smiley

It's undervalued if anything ever happens with it.  But you haven't indicated anything ever will.  Lofty goals about "becoming the official cryptocurrency of the UK" and tweeting news outlets to get an article written do not = innovation.  Innovation drives currency values - not long term hopes of adoption.  Want the price to go up?  Innovate.  And I'm not talking about anon.

You are talking about innovation = pump. We dont need here pumpers = that is killing coins. Just keep calm and wait for announcements. Just calm my friend Smiley
sr. member
Activity: 299
Merit: 250
The price just dropped below 200 sats Shocked

Prices will rise, prices will fall.. Such is the nature of the beast.  But it's a great time for new buyers to get in to BritCoin, considering there are only 10.8m coins in existence the price is really undervalued.  Remember that BritCoin was only launched 3 weeks ago yesterday, so we're still in the very early days, we have a lot of plans for the future so it's a case of being patient and being rewarded afterwards. Smiley

It's undervalued if anything ever happens with it.  But you haven't indicated anything ever will.  Lofty goals about "becoming the official cryptocurrency of the UK" and tweeting news outlets to get an article written do not = innovation.  Innovation drives currency values - not long term hopes of adoption.  Want the price to go up?  Innovate.  And I'm not talking about anon.
legendary
Activity: 2282
Merit: 1035
The price just dropped below 200 sats Shocked

Prices will rise, prices will fall.. Such is the nature of the beast.  But it's a great time for new buyers to get in to BritCoin, considering there are only 10.8m coins in existence the price is really undervalued.  Remember that BritCoin was only launched 3 weeks ago yesterday, so we're still in the very early days, we have a lot of plans for the future so it's a case of being patient and being rewarded afterwards. Smiley

Just saying. I am holding my coins tight Cheesy

Me too lol Cheesy

and me  Cool
member
Activity: 90
Merit: 10
The price just dropped below 200 sats Shocked

Prices will rise, prices will fall.. Such is the nature of the beast.  But it's a great time for new buyers to get in to BritCoin, considering there are only 10.8m coins in existence the price is really undervalued.  Remember that BritCoin was only launched 3 weeks ago yesterday, so we're still in the very early days, we have a lot of plans for the future so it's a case of being patient and being rewarded afterwards. Smiley

Just saying. I am holding my coins tight Cheesy

Me too lol Cheesy
legendary
Activity: 973
Merit: 1000
Just topped up our free BritCoin faucet (thanks to kotwica666 for pointing out it was down) it should be back online very shortly! Smiley

http://altcoinix.com/faucets/brit-coin-faucet/
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