Topic: Bullion (CBX) 'the Digital Precious Metal' | 2019 Roadmap published - page 203. (Read 359514 times)

FYI:

Faucet is down again.

Ok, thank you for the feedback. We are working on a new Vault that will help to address the issue.

In the meantime, you can improve this temporarily by consolidating your funds into a couple of groups of CBX that will be aged the same so as to minimize the number of inputs your Vault is handling. Use the Bullion Control feature. Here is a guide that Killiz had put together to walk you through the process. Please let me know how you make out and if you need any assistance.
http://forum.cryptobullion.io/index.php?topic=4581.0

A very interesting thing is occurring presently resultant to a few stars aligning.

1. Cryptsy is down and out for the foreseeable future and with it are 114,000+ CBX (11.75% of existing supply) held and now trapped there. It is reasonable to assume that a substantial portion of CBX owners who were looking to sell, had the majority if not all of their CBX holdings sitting at Cryptsy for that purpose. So basically those CBX owners with "weak hands" have been removed from the market and the already scarce supply of CBX available has been dramatically reduced even further.

2. Implementation of PoSP has not only created an eye-catching, unique point of differentiation and innovation for CBX, but more importantly is an evolutionary step ahead of what other cryptocurrencies are doing while fulfilling the strayed from promises of Satoshi's Bitcoin. PoSP has amplified the desirability of owning CBX for its function as a store of wealth with interest earnings potential far exceeding its inflationary rate. This results in less CBX for sale as savvy owners realize they can contribute to a secure and efficient network and get compensated for their service. As their Vault grows, so do their chances for earning more PoSP so the decentralization movement of CBX out of exchanges and cold storage and into personal Vaults continues to snowball.

3. There is little to no CBX available for sale. The 3 exchanges that presently trade CBX have about 1 BTC worth of CBX for sale before the 0.001 threshold with really no substantial quantities looking ahead in the order books.


A lot of upward pressure is brewing in a bit of a perfect storm.

version 2.3.1.0     i believe is the current version

This is a good idea. I had a similar one a while back but can't remember where I posted it.
Only problem is, we may end up buying and selling to ourselves. We need new investment. The best way forward would be more awareness, i.e getting the word around about CBX.

If members on here were to add the site in their signature and use the CBX logo like I have, it is advertisement every time you post elsewhere on the forum. This would be a good start.

Edit: End 2016 CBX $1000

Now that CBX is the best cryptocurrency.
Should the price rises towering.
For now everyone buys CBX in his corner, trying to have them as cheaply as possible.
What is normal but it does not favor the climbing prices.
It would create a site "Cryptobullion invest" on which all those interested in the CBX deposit bitcoins on an address.
1 month time for 80% of the sum collected is used to buy cbx directly into the seller's order book which will result in a live prices up to 20% are placed in the order book buyer to prevent prices not as fast they climb back down.
In the end the CBX will be shared with the percentage of bitcoins filed.
This project is not very complicated to carry out and to pull CBX up.
it is interesting for those who already have a number of cbx.
I can handle it by cons I have no credit, no one knows me.
Should be it a trusted administrator who manages the bitcoin address.
I hope that the translation is not too bad
End of 2016 1CBX = 1$

Hey, B.C.! Taa for asking. We got out early.

Mark

Hope IMZ got out before the collapse! Hope all is well!

Cheers!

I'm enjoying the (2016 global economics/cryptos) ride!

And 'Cryptsy'?? -- wasn't there an exchange called 'Cryptsy' once?

Mark (IndiaMikeZulu), Australia

This centralization problem that BTC has been experiencing, is now sparking this deep divide; and it's making holding BTCs a scarier and riskier proposition every day. In principle, functionality and dropping value, BTC is becoming less and less of a good idea. We have seen giants fall, just recently with Cryptsy; BTC can fall, too. I just didn't think that those flaws of the Bitcoin would come to haunt it so soon!

Cryptocurrencies, however, are here to stay - in my opinion. That's why we are here.

Crypto Bullion has an answer for the problems of Bitcoin; right now CBX is looking safer and more promising than BTC... it just needs more public acceptance and awareness.

as elambert has said, enjoy the ride!  

Well said sir!

Crypsty is explained

http://blog.cryptsy.com/

And this my friends is why decentralization is so critical.
http://www.engadget.com/2016/01/15/mike-hearn-quits-bitcoin/

PoSP operates in such a manner that it prevents the centralization that has occurred in Bitcoin (and is the natural progression for all PoW systems).

PoSP encourages, rewards and fosters an environment of true decentralization by removing the financial barriers of entry to participate in generating new coins and confirming transactions.

With Bitcoin you have 2 distinct groups; users (investors and exchangers) and creators (miners and transaction confirming parties). Users are dependent on creators and creators are concerned with their own financial interests - sound familiar?

With CBX and PoSP, users and creators are the same entity so there is no conflict of interest. Everyone can easily join in and participate in the network by simply obtaining some CBX and leaving it in their online and unlocked Vault where it will operate to confirm transactions and secure the network thereby earning the owner a reward of a portion of the newly created CBX.

Guys, we have an incredible evolution of the crypto currency concept in our hands. It's hard not to get more and more excited about this everyday as we watch events play out as envisioned when creating the concepts and solutions behind PoSP.

Enjoy the ride guys, this will be fun!

Cryptsy removed from OP and website.

Cryptopia is updated now!

Exchange   &  Status:
1) BANX.io       ACTIVE
2) YObit           ACTIVE
3) Cryptopia     ACTIVE

Cryptopia is now OK too 

What version are you using?

my wallet crashes every couple hours, giving me a c++ runtime error.

Yes, connected and running here

I have been informed that the mobile Vault is running now. Can someone please confirm?