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Topic: Bullion (CBX) 'the Digital Precious Metal' | 2019 Roadmap published - page 30. (Read 359514 times)

m33
legendary
Activity: 1064
Merit: 1000
Never invest with borrowed coins
who would be selling cbx right now given the news?

strange financial decisions people make.

How many projects at 3m cap have 2 x crypto devs with real skills other than copy and paste, 2 x long term leaders and soon to be direct USD exchange.



The world we live in has become senseless, not much make sense any more, perhaps they saw another chance and cut their losses
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
who would be selling cbx right now given the news?

strange financial decisions people make.

How many projects at 3m cap have 2 x crypto devs with real skills other than copy and paste, 2 x long term leaders and soon to be direct USD exchange.

m33
legendary
Activity: 1064
Merit: 1000
Never invest with borrowed coins
I keep adding to my position.  I mad it into the top 400 on the rich list, but Stake Rewards seemed to have stopped three weeks ago.  And yes, my wallet is green and confirms that I am staking.

When I first loaded some coins (only 5) I received a reward right away, then added some more coins and BAM! Another reward.  So I added more coins.... Nothing.... More Coins....Crickets.

Patience is a 4 letter word in the crypto world!  But I do like the idea of Crypto Bullion, and the market cap has so much potential.  I just wish that I could figure out the frequency.

I am getting more invested into BCO staking on Crypto-Bridge, and that is like clockwork every two weeks you get a payout.

Did you try sending all your coins to one of your own addresses to consolidate to a single input? I think it will help with your staking.





Yes, I put all of them in one wallet. Just waiting patiently.

Hi there fellow bullionaire, it’s better if there are all under the same address and not just in the same wallet . Suggest in block of 500  units of cbx each
hero member
Activity: 750
Merit: 503
I keep adding to my position.  I mad it into the top 400 on the rich list, but Stake Rewards seemed to have stopped three weeks ago.  And yes, my wallet is green and confirms that I am staking.

When I first loaded some coins (only 5) I received a reward right away, then added some more coins and BAM! Another reward.  So I added more coins.... Nothing.... More Coins....Crickets.

Patience is a 4 letter word in the crypto world!  But I do like the idea of Crypto Bullion, and the market cap has so much potential.  I just wish that I could figure out the frequency.

I am getting more invested into BCO staking on Crypto-Bridge, and that is like clockwork every two weeks you get a payout.

Did you try sending all your coins to one of your own addresses to consolidate to a single input? I think it will help with your staking.





Yes, I put all of them in one wallet. Just waiting patiently.


Ok good. With a balance of around 85 CBX. To earn your annual interest of 6%, which we are seeing now in relation to how many CBX are staking on the network, you should be getting around 125 blocks staked per year, or around 1 block every 3 days, equalling 5.1 CBX.

Its still a game of luck and sometimes you may get blocks more frequently, while having periods without any at all. But over the course of the year it should even out to around the total of 125.

Let me know how it goes over the next few days.
jr. member
Activity: 123
Merit: 2
I keep adding to my position.  I mad it into the top 400 on the rich list, but Stake Rewards seemed to have stopped three weeks ago.  And yes, my wallet is green and confirms that I am staking.

When I first loaded some coins (only 5) I received a reward right away, then added some more coins and BAM! Another reward.  So I added more coins.... Nothing.... More Coins....Crickets.

Patience is a 4 letter word in the crypto world!  But I do like the idea of Crypto Bullion, and the market cap has so much potential.  I just wish that I could figure out the frequency.

I am getting more invested into BCO staking on Crypto-Bridge, and that is like clockwork every two weeks you get a payout.

Did you try sending all your coins to one of your own addresses to consolidate to a single input? I think it will help with your staking.





Yes, I put all of them in one wallet. Just waiting patiently.
hero member
Activity: 750
Merit: 503
I keep adding to my position.  I mad it into the top 400 on the rich list, but Stake Rewards seemed to have stopped three weeks ago.  And yes, my wallet is green and confirms that I am staking.

When I first loaded some coins (only 5) I received a reward right away, then added some more coins and BAM! Another reward.  So I added more coins.... Nothing.... More Coins....Crickets.

Patience is a 4 letter word in the crypto world!  But I do like the idea of Crypto Bullion, and the market cap has so much potential.  I just wish that I could figure out the frequency.

I am getting more invested into BCO staking on Crypto-Bridge, and that is like clockwork every two weeks you get a payout.

Did you try sending all your coins to one of your own addresses to consolidate to a single input? I think it will help with your staking.

jr. member
Activity: 123
Merit: 2
I keep adding to my position.  I mad it into the top 400 on the rich list, but Stake Rewards seemed to have stopped three weeks ago.  And yes, my wallet is green and confirms that I am staking.

When I first loaded some coins (only 5) I received a reward right away, then added some more coins and BAM! Another reward.  So I added more coins.... Nothing.... More Coins....Crickets.

Patience is a 4 letter word in the crypto world!  But I do like the idea of Crypto Bullion, and the market cap has so much potential.  I just wish that I could figure out the frequency.

I am getting more invested into BCO staking on Crypto-Bridge, and that is like clockwork every two weeks you get a payout.
m33
legendary
Activity: 1064
Merit: 1000
Never invest with borrowed coins
Hi! I read a bit website and white paper and i couldn't find what is the amount of CBX coins requested for a MN ?

Hi fellow bullionaire, the amount required to run a masternode is 2000 cbx coins. Returns are at 9-18% per annum
member
Activity: 224
Merit: 10
Hi! I read a bit website and white paper and i couldn't find what is the amount of CBX coins requested for a MN ?
m33
legendary
Activity: 1064
Merit: 1000
Never invest with borrowed coins
Update from Coinbook.com team:

Quote
Things are moving forward. We have a few hurdles to get over before we can go live which has pushed us back for much longer than anticipated. The biggest one is an audit that we need which is scheduled before the end of March. That was the earliest we could get it and that has to happen before we can cross the final legal hurdle to go live. In the mean time, we are still working on a diversified banking relationship, a few more anti-fraud partners, and payment processors. This can easily be accomplished before then so we are really just waiting on the audit. They have been really busy with tax season and everyone's year end hitting all at the same time. But we are still on track to go live as soon as we can.

I saw a question in the forum about adding CBX. We will launch with just BTC and FTC for now and then we'll add CBX once we have everything tested and running smoothly.

So now coinbook team will list us after they have solved , any news about masternodes when will the guides be out and when can we slow learner start try to build it
jr. member
Activity: 388
Merit: 1
good coin. is there have a online wallet. what are the up coming news.

Quote
1 Million Coins

it will be moon
full member
Activity: 174
Merit: 100
Update from Coinbook.com team:

Quote
Things are moving forward. We have a few hurdles to get over before we can go live which has pushed us back for much longer than anticipated. The biggest one is an audit that we need which is scheduled before the end of March. That was the earliest we could get it and that has to happen before we can cross the final legal hurdle to go live. In the mean time, we are still working on a diversified banking relationship, a few more anti-fraud partners, and payment processors. This can easily be accomplished before then so we are really just waiting on the audit. They have been really busy with tax season and everyone's year end hitting all at the same time. But we are still on track to go live as soon as we can.

I saw a question in the forum about adding CBX. We will launch with just BTC and FTC for now and then we'll add CBX once we have everything tested and running smoothly.

Thanks for the news.
All will start with spring, is good.
Good courage to both teams for the end of their work
legendary
Activity: 1696
Merit: 1008
Update from Coinbook.com team:

Quote
Things are moving forward. We have a few hurdles to get over before we can go live which has pushed us back for much longer than anticipated. The biggest one is an audit that we need which is scheduled before the end of March. That was the earliest we could get it and that has to happen before we can cross the final legal hurdle to go live. In the mean time, we are still working on a diversified banking relationship, a few more anti-fraud partners, and payment processors. This can easily be accomplished before then so we are really just waiting on the audit. They have been really busy with tax season and everyone's year end hitting all at the same time. But we are still on track to go live as soon as we can.

I saw a question in the forum about adding CBX. We will launch with just BTC and FTC for now and then we'll add CBX once we have everything tested and running smoothly.
full member
Activity: 174
Merit: 100
Hello all,

Just wanted to update that we have decided to allow those in queue to earn the standard PoSP reward while waiting for a BPN slot - I see some still discussing this on the thread and wanted to put this to rest. Thank you all for the input and feedback.

Regarding the inactivity setting, as Ben mentioned, we are looking at 24 hours. By my calculations, a BPN if all slots are full should stake every 3 hours on average. I did not run the numbers for PoSP (queued BPN's) but they will not stake as quickly and often. So I think 12 hours would be the minimum we could set this at but I would prefer to leave a little bit of wiggle room so 24 hours is likely to be the setting. Feel free to provide comments and suggestions here.

We are internally testing the per-alpha release wallet and expect to have this out to the public middle of next week so community can provide feedback. At that point we should be about ready for the hardfork announcement for the Vault 3.0 with BPN announcement.

Also, I will be reaching out to coinbook team tomorrow for a status update.

Thanks for the update elambert.

I'm really pleased it has been decided to allow queued BPN's to earn regular PoSP rewards. Certainly settled a few of my nerves.

Been thinking more on the inactivity setting, and 24 hours sounds like a good starting point for something that has never been used, tried and tested by another coin.

I'm really looking forward to the new Vault 3.0 release, excited to see the new name and logo in action.

Yeah let us know about coinbook progress when you do, if you get any updates. I think having a USD/CBX pair on another exchange will help with the USD price swings we see when bitcoin is swinging around uncontrollably. Should allow us to see a steady rise in price while bitcoin does whatever it wants, as traders should prop up the USD price by arbitraging between both exchanges.

Thanks again.


I'm impatient too.

The coinbook team intends to put Bullion quickly or they will run the site first with the market leaders cryptos ?
hero member
Activity: 750
Merit: 503
Hello all,

Just wanted to update that we have decided to allow those in queue to earn the standard PoSP reward while waiting for a BPN slot - I see some still discussing this on the thread and wanted to put this to rest. Thank you all for the input and feedback.

Regarding the inactivity setting, as Ben mentioned, we are looking at 24 hours. By my calculations, a BPN if all slots are full should stake every 3 hours on average. I did not run the numbers for PoSP (queued BPN's) but they will not stake as quickly and often. So I think 12 hours would be the minimum we could set this at but I would prefer to leave a little bit of wiggle room so 24 hours is likely to be the setting. Feel free to provide comments and suggestions here.

We are internally testing the per-alpha release wallet and expect to have this out to the public middle of next week so community can provide feedback. At that point we should be about ready for the hardfork announcement for the Vault 3.0 with BPN announcement.

Also, I will be reaching out to coinbook team tomorrow for a status update.

Thanks for the update elambert.

I'm really pleased it has been decided to allow queued BPN's to earn regular PoSP rewards. Certainly settled a few of my nerves.

Been thinking more on the inactivity setting, and 24 hours sounds like a good starting point for something that has never been used, tried and tested by another coin.

I'm really looking forward to the new Vault 3.0 release, excited to see the new name and logo in action.

Yeah let us know about coinbook progress when you do, if you get any updates. I think having a USD/CBX pair on another exchange will help with the USD price swings we see when bitcoin is swinging around uncontrollably. Should allow us to see a steady rise in price while bitcoin does whatever it wants, as traders should prop up the USD price by arbitraging between both exchanges.

Thanks again.

legendary
Activity: 1146
Merit: 1006
Hello all,

Just wanted to update that we have decided to allow those in queue to earn the standard PoSP reward while waiting for a BPN slot - I see some still discussing this on the thread and wanted to put this to rest. Thank you all for the input and feedback.

Regarding the inactivity setting, as Ben mentioned, we are looking at 24 hours. By my calculations, a BPN if all slots are full should stake every 3 hours on average. I did not run the numbers for PoSP (queued BPN's) but they will not stake as quickly and often. So I think 12 hours would be the minimum we could set this at but I would prefer to leave a little bit of wiggle room so 24 hours is likely to be the setting. Feel free to provide comments and suggestions here.

We are internally testing the per-alpha release wallet and expect to have this out to the public middle of next week so community can provide feedback. At that point we should be about ready for the hardfork announcement for the Vault 3.0 with BPN announcement.

Also, I will be reaching out to coinbook team tomorrow for a status update.

Well thankyou for the update. that nice to know. So then the BPN will be released with 3.0 and not afterwards like mentioned sometime before.
looking forward to the announcement and some marketing that comes along am i right.
legendary
Activity: 1696
Merit: 1008
Hello all,

Just wanted to update that we have decided to allow those in queue to earn the standard PoSP reward while waiting for a BPN slot - I see some still discussing this on the thread and wanted to put this to rest. Thank you all for the input and feedback.

Regarding the inactivity setting, as Ben mentioned, we are looking at 24 hours. By my calculations, a BPN if all slots are full should stake every 3 hours on average. I did not run the numbers for PoSP (queued BPN's) but they will not stake as quickly and often. So I think 12 hours would be the minimum we could set this at but I would prefer to leave a little bit of wiggle room so 24 hours is likely to be the setting. Feel free to provide comments and suggestions here.

We are internally testing the per-alpha release wallet and expect to have this out to the public middle of next week so community can provide feedback. At that point we should be about ready for the hardfork announcement for the Vault 3.0 with BPN announcement.

Also, I will be reaching out to coinbook team tomorrow for a status update.
hero member
Activity: 750
Merit: 503
I have been slowly adding more coins, now I am up to 85 and still haven't seen another PoSP block reward.  I am even in the top 500 now on the Rich List.  I see so much upward potential with CBX.  I am going to put this on my weekly invest list.

I just wish that I could figure out the Stake Mining aspect.

Is there any arrangement of how rewards are paid out, frequency or randomness?

https://chainz.cryptoid.info/cbx/address.dws?5eDw9tm97T8gebPafcxN3e5ZPNGpNkA9gt.htm


I did open a third wallet and added one coin only, just to see if it gets a PoSP payout. 

Send all your CBX to one of your own addresses to consolidate it.

Each small deposit acts as its own stake amount. Although the vault takes your full balance into account when staking. Having so many small inputs won't be as good as having one large input.
jr. member
Activity: 123
Merit: 2
I have been slowly adding more coins, now I am up to 85 and still haven't seen another PoSP block reward.  I am even in the top 500 now on the Rich List.  I see so much upward potential with CBX.  I am going to put this on my weekly invest list.

I just wish that I could figure out the Stake Mining aspect.

Is there any arrangement of how rewards are paid out, frequency or randomness?

https://chainz.cryptoid.info/cbx/address.dws?5eDw9tm97T8gebPafcxN3e5ZPNGpNkA9gt.htm


I did open a third wallet and added one coin only, just to see if it gets a PoSP payout. 
hero member
Activity: 750
Merit: 503
What about a time cycle - sharing of masternode role ?

We have a fixed number of 125  MN operating simultaneously.
Masternodes begin to operate and they take their MN ID and fill the queue order.
As the number of MNs is > 125 then cycling begins and MN ID #1 forfeit the role and goes to last position of the queue and MN ID #126
takes MN ID #125 and begin to participate (MN ID #127 takes pos. #126 and so on).
The cycling time can be let's say 6 to 72 hours so any of the MN candidates can estimate the exact time is needed
for taking the role (MN ID #128 -> 3 positions X 6 hours = 18 hours to take the role and 6 hours X 125 = 750 hours to forfeit it... and so on)
(*the cycling time can be fixed or variable -based on the MN candidates number-)

I think this approach has many benefits against ordinary established MN implementations.

I always believe that a master node must not be a privilege but a supporting=participation role with additional reward.

just my 2 cents...  

Interesting solution that seems more equitable to me for enter in one MN rather than waiting for someone to lose their connection or sell their CBX.

Yes, and at first sight your suggestion seemed to me like an interesting idea; except that the whole point of limiting the BPNs to 125 was to make sure these would get 6-18% return on their investment, on a 2% inflation coin. If we allow such a rotation as what you are suggesting, we are essentially adding more nodes to the 125, thus reducing the yield. This defeats why we are doing this whole BPN system.

We will see how this 125 queue plays out in real life, but I don't think that this 125 BPN limit, with lossless queue enlisting and the continuous real life disconnecting of people (whatever the reason - not always accidental ), will be such a problem since it may not fill up that quickly.

OK,  let's just wait and see if all nodes are filled quickly.

I'm not concerned about the 'uninteresting'  queue and the 12 hour inactivity limit personally. But I do think it will be unattractive to newcomers who are looking to invest in a masternode.
With so many other coins offering masternodes, investors may quickly move on and invest somewhere else when they learn that they may be sitting in a queue, not earning, and may lose their place in some unforseen event as soon as their node becomes active.
I also repeat, that holders of queued BPN'S have no incentive to run the vault 24/7 if they aren't earning interest. I worry that this will be a big turn off for anyone discovering CBX for the first time in the near future.

Anyway, maybe all nodes won't be filled, and anyone who loses their node will instantly regain it. Who knows...
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