Topic: Bullion (CBX) 'the Digital Precious Metal' | 2019 Roadmap published - page 81. (Read 359514 times)

Let's not wait that long crypto bullion needs to ride the crypto bull now.

If you are serious then yes I know a of a few coders that given incentive can make this coin relevant again in a very short amount of time.

5 to 10 years is an infinite amount of time in the cryptocurrency world.

Let's discuss further the masternodes, how to add some 2.0 features to CBX, and let's get all that done within 6 months all explained in a detailed roadmap.

More contributions the better; i'd love to hear from other coin marketers what could be done with CBX.

Why wait a week? Do you have connections with a known development team that would add some value to this coin? Please have them get in touch with me.

Giving away is not the same as investing in the coin you have attained a huge stake in. Legally or not. Ethically is equally as important. There are a lot of cbx holders that had their cbx taken and will get minimal refund on that through the settlement.

I'll await to hear your road map. But if you class bringing on a dev team with your tokens combined with other donantions as giving it away then that is a terrible sign for the community. You donate 33% of your coins to increase value by perhaps 20-50x and you consider it a bad move? Ok. This coin is prime for way greater returns than that too.

I could be wrong but as i said at the start we would have been better nulling this wallet and generating a 10-15% dev pot for creating a dev team right now. We had a vote on it and I remember the null the wallet won or actually use if for development was the top vote was it not??

Where did that poll go??

I still say if there is no immediate road map or plan of action here within 1 week from now we should seek a deal out with a known development team and ask what kind of stake they would want in this to bring us something that is worthy of investors attention.

15% of any minting going to anyone in that way is never going to look favorable to investors you can be sure of that so better to show some good will.

I mean anyone that wanted too could use this 15% cryptsy wallet as negative argument as strong as a 15% premine. In fact worse because this is not directly being used for development at all. If even giving 33% of it is out of the question for direct development that is a bad sign. I mean it actually far worse than a premine since it is derived from coins that the community members actually mined and bought fairly and had confiscated.

I would far rather these were nulled as i said before because if they are not (in part at least) DIRECTLY used for development they will be used against the very people that lost them in verns shit exchange. These coins are negative pressure on this market.

I'll await to hear about these 5-10 yr expansive plans and a detailed road map.

Just so everyone is clear, once the Cryptsy case is closed, they will be disbursing an equitable settlement from the funds they liquidated back to investors who lost value. Any CBX holder who lost coins who submitted a claim on http://www.cryptsysettlement.com/ will get whatever money the receivers were able to get back from the assets they liquidated - most likely in USD. Our group helped facilitate the liquidation and will allow those who lost money to get something back sooner. When you get your money, you should be able to buy CBX. The coins we purchased are legally ours, we didn't steal them from anyone and we don't owe anyone anything. We are currently working on tech developments, marketing plans, and generating ideas to make CBX sustainable and raise the price. We are not interested in a pump and dump - the price will rise on its own simply by the innovations that are about to roll out. We have a 5-10 year investment horizon on CBX so don't expect anything crazy to happen all at once, but this is a spectacular time to buy that's for sure.

If others with big ideas want to fund their own innovations and do something to help the coin that is fantastic. We don't mind suggestions at all, but we have a strategy in place and CBX will benefit greatly from these. Giving away a third of our investment is certainly not part of our strategy however.

Ok thanks for explanation.

However, CBX is actually well worth a revamp with it's background and low price.
 

I am not against whales who help actually build the coins value whilst making a lot of money for themselves on the way.

If you hold this many coins over 12%-15% of the entire minting that I may add came from people like me who got scammed by vern then yes you do need to use some of these coins to help get things back on track until we have a coin with a funding mechanism built in.

To attract a capable dev team you would want 5-8% of this low cap minting.

I would suggest 80K are raised at once. 40k from the cryptsy wallet 40k from everyone else who had to mine or buy these coins at a high rate.

These can then be sold otc here to raise btc or bring forth a capable dev team who will take cbx released to them in milestones.

Also everything should be transparent on the thread too.

Without some core updates and improvements (requiring a good dev team) it is going to stay stuck here a mere whisper of its former self for ever.

Elambert and vonspass have previously put a lot of hard effort in but got nowhere (well you have created a trusted and fair project that is a lot actually after all these years, but i mean in terms of market interest)  really since they are not coders nor designers. Never the less they have proven to be reliable and do care about cbx as a project. Now we need a development team and some marketing/networking and a community to form. Over seen by these guys who will have more incentive once they see some movement for their effort.

Asking a community to form around outdated unexciting tech is a dream i think you need to forget. Time to try it the other way around. Create some new exciting or at least relevant tech and then the community will form.

helpthecoins - if 40k of your cryptsy wallet was used in conjunction with 40k raised by the community to guarantee a updated and interesting coin would you be willing to put in 40k of your cryptsy wallet or not?  the milestones will need to be met before any coins released and a roadmap set up before any spending so essentially in terms of roi you should be guaranteed a win win for you and every other cbx holder.

Also to the community would you match this 40k? to be used for development only.

this is just a proposal since I see nothing much else happening here atm.

Microguy bought the Cryptsy details of approx 150 coins from the receivers, but the time needed to sync and recover was huge, and the reward uncertain, I guess thats why he decided to donate.

CBX was a large concentrated amount of value.

Do you mean you hold the cryptsy wallet?

How is it that it was given to you?

lots of other recovered wallets have been given back to the developers.

We are working with Vonspass and others right now PM if you have questions.

Although you sound fair and supportive the above quote can not be true. I've been most active in cbx devteam and have always held over 20,000 cbx (yes the ones you are now holding).
I have rebuild some of my stake after that and have never heard from you or your group. It could have been good activitiy but the community response has always lacked. That's the same
reason as why Vonspass is not working for cbx like he did last year. CBX needs more incentive for people to be active.

btw. with the reimbursement of coins I meant the SPK coins that were given back, I was not worried about the cryptsy wallet.

Why are you against us holding 125-130k CBX? We are in talks with the core team working on strategies to increase the value and marketing of the coin. Our 125k wallet isn't a threat to the coin or the community, we are more engaged and interested in the success of the coin than ever. We are going to roll out some new programs and get this coin moving soon. We are just working on making sure the major stakeholders are on board. We haven't sold a single CBX and don't plan on it unless we need to use some to get a new exchange listed or something. I hope you can relax about our stake in CBX hunter.

The 124k wallet should have been nulled. Even now they should be forced to put 1/2 for a development fund.

This coin is so ripe for a revamp it is crazy.

I have no idea though how a coin as aged and actually quite as known as this is not on any well known exchange. All other top alts from 2013 are on btc38. quark, mec, wdc, dgc prime etc.

This was a fairly distributed well managed coin at one point but then did not keep relevant.

Would not take much to turn it around but the 124k that can be used to manipulate the market needs to be tackled else it will go nowhere.

If they have any sense they will donate 50% of it for a development incentive pot to encourage some new developers.

I would have prefered it nulled really why should cryptsy steal my cgb and give them to someone else anyway?
How come a lot of wallets were recovered by goldcoin dev and are being handed back to their communities to be best used for there future.

There are enough people willing to assist with activities yet there is no managing of the available workforce. CBX needs a workforce manager.

Now market has to digest the big sell off of reimbursed coins plus bitcoin keeps going up. CBX is not strong enough to win.
Once it could keep up with the price of Primecoin but that's no longer.  

For the moment I'm completely out of CBX until I see new initiatives develop and more positive growth (or bargain prices ofcourse  )

CBX can win again but it must be done more professional and deliver on promises how to allocate development funds (especially on marketing and PR). When people can be hired for the work they do then you get a job well done, the volunteering route is non consistent and does not create the flow of good efforts. Perhaps it could when a few people organize Trello workboard and invite all community to participate. If every coinholder would spend 1 hour per week on a Trello task we would have a huge workforce and lots of output.  

They come for the inflation they will accumulate.
Working well for other coins thus far.
That inflation can be curbed at a point in the future once there is interest enough to support the coin without giving such rewards.
Such things can be voted on once you have an operational governance system.

I have always believed that CBX does not deserve the low price it now has.

But not everything nice has the best price, and not everything bad has the bad price it deserves ...

Crypto Bullion (cbx), with its highly sane objectives, was not handled properly. If a cryptocurrency does not have a common objective, even though it could have the best technology it's not going to have global acceptance.

Some time ago I talked about several ideas, but still nothing happens with CBX. We want to see some action.

Ok I see some healthy discussion back in this thread now - so again I will follow it, like I used to ....

By the way, I was regional promo dev support for Spanish, and I was also glad to help with English, French and Italian; but since the action had stopped, my forum help has also stopped...

Should the CBX team relaunch or do something significant to change current state of things, I will be happy to help once again, since I am a member of more than 50 forums about crypto.

Best regards to all ...  

With PoSP the inflation is better thought of as a fee paid to nodes for securing the network, and the burden is spread evenly across all coins. Nobody earns stake coins unless they run a node, so by running a node you will earn real income even allowing for the inflation, as it's very unlikely all coins to be staking at the same time, so stake % is always greater than inflation %.

With PoSP inflation is cost of securing network, paid proportionally  to those who do it. It's a great system.

I'm just curious, why do you think investors should come to the system where there is inflation?

Well i see now evergreen announce masternodes and they are rising. Just a solid road map annoucement can work wonders for some volume and interest.

Of filling all areas of interest would be more useful too

governance , anon, dev funding mechanism...

If you can then extract enough funding and find the dev with enough skill to implement other features...

what 2.0 features are you looking at?

Masternode is just a way to incentivise accumulation and holding. Give people a target to aim and and a reason to hit it.

I mean just a show of interest and involvement from the devs and on this thread is good... i see my plan to accumulate some more at 5k just vanished in smoke. Been hitting 20k now and staying in the teens.

Let the project look dead and stale it will die.  

The 124k wallet troubles me. That should have been burned and rightly so.

They need to  donate at least half to the dev fund or face it getting burned. These can then be sold on OTC here in the thread and kick start the dev team.

I totally agree that we have to give the market what it wants, or else we can be right but if nobody sees it - we will be right and also be very lonely.

A masternode coin is still not to be considered a 2.0 token, am I right? Are we sure this is what the market wants; I see a lot of 2.0 forks at the top of Coin Market Cap.