Bullion (CBX) 'the Digital Precious Metal' | 2019 Roadmap published - page 134.

Dekker3D

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Quote from: malafaya on June 10, 2016, 08:58:07 AM

Quote from: Killiz on June 09, 2016, 08:40:20 PM

(4) A maximum of 1000CBX can be used for staking in an address that enters the lottery. This stops any advantage to large holders who win many blocks because of the balance of a particular address.

I didn't understand this rule. Remember that the staking process already splits blocks bigger than 1000 CBX so it's unlikely a block bigger than that will stake in a usually staking Vault. Larger holders will have many 500-1000 CBX blocks and that is their advantage as they can stake a few blocks in a row.

Good point, yes the ones with bigger wallets can stake faster as those are split into smaller 1000s.

malafaya

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Quote from: Killiz on June 09, 2016, 08:40:20 PM

(4) A maximum of 1000CBX can be used for staking in an address that enters the lottery. This stops any advantage to large holders who win many blocks because of the balance of a particular address.

I didn't understand this rule. Remember that the staking process already splits blocks bigger than 1000 CBX so it's unlikely a block bigger than that will stake in a usually staking Vault. Larger holders will have many 500-1000 CBX blocks and that is their advantage as they can stake a few blocks in a row.

Dekker3D

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Quote from: Killiz on June 09, 2016, 08:40:20 PM

Liking the bullion lottery thing.

I've had an idea for a while of running a blockchain lottery for CBX.

I like my competitions and such as some of you will know through my past giveaways.

The rules of this lottery would be roughly as follows:

(1) A future block number would be picked by myself, approximately 1 week prior to it being found.

(2) All participants would pay an entry fee from their address that would be taking part in the lottery.

(3) Whichever entered address stakes that selected block or the closest entered address to it, wins the pot.

(4) A maximum of 1000CBX can be used for staking in an address that enters the lottery. This stops any advantage to large holders who win many blocks because of the balance of a particular address.

What do you guys think? Would anyone be interested?
I could run a weekly lottery with maybe a 10CBX entry fee and the winner takes all.

Will add a little fun, and get people staking.

Good idea. This is good for the coin that others are taking part in providing usage to it. I hope more merchants, web owners, thinkers out there can collaborate in providing services for the coin.

Killiz

hero member

Activity: 750

Merit: 503

Liking the bullion lottery thing.

I've had an idea for a while of running a blockchain lottery for CBX.

I like my competitions and such as some of you will know through my past giveaways.

The rules of this lottery would be roughly as follows:

(1) A future block number would be picked by myself, approximately 1 week prior to it being found.

(2) All participants would pay an entry fee from their address that would be taking part in the lottery.

(3) Whichever entered address stakes that selected block or the closest entered address to it, wins the pot.

(4) A maximum of 1000CBX can be used for staking in an address that enters the lottery. This stops any advantage to large holders who win many blocks because of the balance of a particular address.

What do you guys think? Would anyone be interested?
I could run a weekly lottery with maybe a 10CBX entry fee and the winner takes all.

Will add a little fun, and get people staking.

IMZ

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'If you don't like this lower number - ask yourself what you can do to make it better! Thats the question we should all be asking ourselves if we do not like the current situation. A crypto like CBX is just a base we are providing which can be put to use in many exciting projects. It is those projects that can take CBX to an incredibly higher level.'

Well said, V.S.!

And my thanks here to V.S. and Elambert, and our dev, and to the CBX enthusiast who has a fat 2.0 BTC bid (@0.00005500) to buy CBX in the Cryptopia order book: no buy-support, no CBX!

Mark

Dekker3D

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Quote from: Killiz on June 09, 2016, 08:15:01 AM

Quote from: jamalaezaz on June 09, 2016, 02:20:37 AM

First when I adopt CBX the price of CBX was above than 50K satoshi, but the price of CBX getting lowered every day. today I notice we are at 39K satoshi. to be honest it makes me worry. I am stored my CBX from last 2 months for better profit. but till then I am not getting profit I guess.
but I would like to hold my CBX for more time. I hope CBX price will increase,

Although CBX/BTC price is lower. The CBX/USD price has remained steady at around 22 cents for quite a number of months now.

www.coinmarketcap.com/currencies/cryptogenic-bullion/

Do not worry, let bitcoin have its run. Some people prefer to hold bitcoin when it is on the rise and they sell their alts to do so.

CBX value could increase 10x or more within a short space of time. How long would you need to hold bitcoin for that to happen? Hold tight, there is much more potential in CBX than bitcoin anyway.

Plus the 50k sats before was when the btc is priced at $400 but now it is close to $600 so even if the sats value went lower, the USD is not.

Killiz

hero member

Activity: 750

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Quote from: jamalaezaz on June 09, 2016, 02:20:37 AM

First when I adopt CBX the price of CBX was above than 50K satoshi, but the price of CBX getting lowered every day. today I notice we are at 39K satoshi. to be honest it makes me worry. I am stored my CBX from last 2 months for better profit. but till then I am not getting profit I guess.
but I would like to hold my CBX for more time. I hope CBX price will increase,

Although CBX/BTC price is lower. The CBX/USD price has remained steady at around 22 cents for quite a number of months now.

www.coinmarketcap.com/currencies/cryptogenic-bullion/

Do not worry, let bitcoin have its run. Some people prefer to hold bitcoin when it is on the rise and they sell their alts to do so.

CBX value could increase 10x or more within a short space of time. How long would you need to hold bitcoin for that to happen? Hold tight, there is much more potential in CBX than bitcoin anyway.

VonSpass

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Quote from: jamalaezaz on June 09, 2016, 02:20:37 AM

First when I adopt CBX the price of CBX was above than 50K satoshi, but the price of CBX getting lowered every day. today I notice we are at 39K satoshi. to be honest it makes me worry. I am stored my CBX from last 2 months for better profit. but till then I am not getting profit I guess.
but I would like to hold my CBX for more time. I hope CBX price will increase,

Today's price is just what it is: a lower number, Jamal. But take a closer look: just like before, now if someone invests 3 BTC this takes CBX much higher. There are not more CBX for sale, its just the price that came down after a few dumps we have seen in the past weeks - it would just take one investor with 3 BTC and all this goes away. Many walls we had before are gone, too - I like that much better...

If you don't like this lower number - ask yourself what you can do to make it better! Thats the question we should all be asking ourselves if we do not like the current situation. A crypto like CBX is just a base we are providing which can be put to use in many exciting projects. It is those projects that can take CBX to an incredibly higher level...

Daimaru

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Quote from: VonSpass on June 09, 2016, 12:07:31 AM

Quote from: rorona_zoro on June 08, 2016, 08:10:51 PM

Quote from: VonSpass on June 08, 2016, 05:24:03 PM

We have a winner in the weekly CBX lottery Draw; the 5th sender (5kS8A7Q9RD7PH4DaCC5au1YvbKRQP6Xa2p) won the prize of 10 CBX.

Your 10 CBX prize will be sent to your address in a few hours, congradulations! Grin

We are fine-tuning how http://lottobullion.com/ works; next prize will be bigger but will still be considered a test.

wow that is my address, thanks

Congradulations rorona_zoro, your prize was sent just now.

I am glad it was someone outside core devs who won it!

Info about next draw will be up soon.

hello please ceck your PM im interesting to join CBX campaign

jamalaezaz

copper member

Activity: 1876

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First when I adopt CBX the price of CBX was above than 50K satoshi, but the price of CBX getting lowered every day. today I notice we are at 39K satoshi. to be honest it makes me worry. I am stored my CBX from last 2 months for better profit. but till then I am not getting profit I guess.
but I would like to hold my CBX for more time. I hope CBX price will increase,

VonSpass

legendary

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Quote from: rorona_zoro on June 08, 2016, 08:10:51 PM

Quote from: VonSpass on June 08, 2016, 05:24:03 PM

We have a winner in the weekly CBX lottery Draw; the 5th sender (5kS8A7Q9RD7PH4DaCC5au1YvbKRQP6Xa2p) won the prize of 10 CBX.

Your 10 CBX prize will be sent to your address in a few hours, congradulations! Grin

We are fine-tuning how http://lottobullion.com/ works; next prize will be bigger but will still be considered a test.

wow that is my address, thanks

Congradulations rorona_zoro, your prize was sent just now.

I am glad it was someone outside core devs who won it!

Info about next draw will be up soon.

rorona_zoro

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Quote from: VonSpass on June 08, 2016, 05:24:03 PM

We have a winner in the weekly CBX lottery Draw; the 5th sender (5kS8A7Q9RD7PH4DaCC5au1YvbKRQP6Xa2p) won the prize of 10 CBX.

Your 10 CBX prize will be sent to your address in a few hours, congradulations! Grin

We are fine-tuning how http://lottobullion.com/ works; next prize will be bigger but will still be considered a test.

wow that is my address, thanks

VonSpass

legendary

Activity: 894

Merit: 1064

We have a winner in the weekly CBX lottery Draw; the 5th sender (5kS8A7Q9RD7PH4DaCC5au1YvbKRQP6Xa2p) won the prize of 10 CBX.

Your 10 CBX prize will be sent to your address in a few hours, congradulations! Grin

We are fine-tuning how http://lottobullion.com/ works; next prize will be bigger but will still be considered a test.

elambert

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Quote from: Dekker3D on June 08, 2016, 10:49:27 AM

Quote from: elambert on June 08, 2016, 10:44:16 AM

Just paid for another 6 months service with CryptoID. Enjoy!

https://chainz.cryptoid.info/cbx/

Thanks sir. This is our only block explorer that can be used online right?

There is another service out there and we had one that we were managing as well, but CryptoID is in its own class so I wouldn't look any further than that one my friend.

Dekker3D

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Quote from: elambert on June 08, 2016, 10:44:16 AM

Just paid for another 6 months service with CryptoID. Enjoy!

https://chainz.cryptoid.info/cbx/

Thanks sir. This is our only block explorer that can be used online right?

elambert

legendary

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Just paid for another 6 months service with CryptoID. Enjoy!

https://chainz.cryptoid.info/cbx/

Dekker3D

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We're having some good trading volume at cryptopia today compared to the previous days. This is despite the recent popularity of DAO and Lisk and the upcoming release of Waves in the exchange.

elambert

legendary

Activity: 1696

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It is a very good time for Crypto-currency guys! Bitcoin is doing really well and paving the way. As people enter this market through the Bitcoin gateway, they start to explore and learn of alts. We have a very unique position with our original algorithm that provides energy efficiency (huge selling point) and true decentralization where any individual can actually participate in the network simply by having an internet connection, a computer and some CBX. The computer being the biggest investment need but due to our energy efficiency, something as inexpensive as a Pi device can be used instead. Again, we are in an excellent position here to establish ourselves as the preeminent digital alternative to precious metals with the functionality of an everyday digital currency. Very exciting times, lets keep this train moving.

Alex4J

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Quote from: Helpme_please on June 07, 2016, 10:52:41 AM

hello i have some problem to download Blockchain Bootstrap (05-27-2016)
anyone can give me torent link ? or maybe other link, where i can use internet download manager, because it's very long time to can succes download if im use link from MEGA.

http://cryptobullion.io/bootstrap.zip

arseaboy

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Quote from: Dekker3D on June 08, 2016, 05:23:25 AM

I purchased all my CBX shares via Cryptopia because of the WBIP. And good thing that the WBIP is there and not in Yobit.

I also did that because of that wbip it is the real intention before but seeing how the coins move and stake rewards I tend to hold it and keep it from my vault knowing that time will come and the price will rises up.

Topic: Bullion (CBX) 'the Digital Precious Metal' | 2019 Roadmap published - page 134. (Read 359514 times)