Topic: Bullion (CBX) 'the Digital Precious Metal' | 2019 Roadmap published - page 83. (Read 359514 times)

What is actually the best and what people want are not always the same. The successful projects realise this and ride the hype trains to attract investment. From that they extract development funds ready to develop and ride the next hype trains.

This purist knows better what people need more than what they want is what i am hearing from all projects reduced to dust.

Sure everyone right now can all get a fair shot at earning nothing from holding cbx or they can buck their ideas up and accumulate enough for a masternode in a successful project and make a lot of money from a project that is not as fair if you take a philosophical view point.

Sure this fad will blow over in a few months and the next fad that people think they want will be here. You then switch to that. It is not rocket science you watch what people want and give it to them.

The fads provide you the project leaders if you are smart with development funds to develop and ride the next fad.

Right now this fad is cheap, you copy and paste a project with the features you want and change a few params. The next fads may require a lot of coding and the smart projects are now not full open source they are obfuscating the code so it is viewable and you can build from it but to develop from it is a nightmare. Why should projects code and design for years for someone to press copy and paste.

Anyway it is up to you but if you want to get off life support here give people what they want. You will get funds and a community back.

CGB is the name , the devlopment team and the community. |That is all the code is something that can be 100% scrapped or altered at any time to ensure success. Investment is the life blood, you dont attract it you die.

When you see a new fad taking off and all coins employing that said fad taking off with larger MC and new huge investments dont debate why people are all going for it just implement it at once or lose market share and again lose development funding.

Sure masternodes may be a pile of shit. But look at every project that has employed them over the last 3-6 months. They don't have to be a permanent fixture when something else become popular then that is the next move. You need to be dynamic with these models so long as the total minting is not changed HUGELY and people retain their % of that minting every time a fork is needed then who cares what the code base or design is. We just go with what is proven to be hugely attractive for investment.


As yet the governance and dev funding is quite rare in projects so if you can bring that as well as the other hype fads then boom you can say a 20M or greater cap.

**sorry  i mean cbx is the name it was called cryptogenic bullion when i started with it ...

I actually think you guys have tried very hard but you are not catching on with the difference between what is better and what people want. You are swimming against a very powerful torrent.

Why masternodes though? Isn't that a form of centralization? Check all the infamous coins coming out with DPoS (Lisk, etc...) - an awful algorithm where teams pay themselves and the little guy can't get in.

We were able to create PoSP without needing them, and it was quite a challenge. Every little guy can benefit from PoSP, I think it's a good thing, no?

I agree 100% with you ... you need to cater to the herd mentality.

Announce a road map with masternodes , some development tax and some decentralised governance  and watch it go 125 x in price.

Community will build around development or planned development.

Go check out MUE or any other coin that is just planning moving to the latest hot features that the herd wants. Gone from 100 sats to 5000+

Look at any coin or project here that goes from zero to hero. It is driven by a development roadmap.

This coin has no funding mechanism... actually it has nothing going for it right now accept excellent distribution and a posp which is not a clear advantage of pos3(black)

However it would not take much to make this a 5M or greater project it just needs a funding mechanism, and features people want on the roadmap. The soon you can implement these the better.

Also bittrex as a minimum is going to be useful.

Who designed POSP ? also is there a dedicated coding team here or not?

Follow fads and ride them to the fullest extent. Don't be scared of hardforks or whatever is required job public does not care so long as they get the features they want.

CGB in its current form is a dead coin there is nothing the community can do. You can not sell or generate excitment about outdated  tech here any longer, wdc.mec.qrk have all been shown this over and over...let's hope some of the old alts wake up soon. It needs radical changes. I like what diamond are going to do i like what pivX did.  

I actually believe the core team here is dedicated and worth supporting but you need to get with the times. People right now want masternodes, governance , development funding mechanisms etc etc.  So give them what they want.

There is always a coin doubling, this happens weekly or daily; then they go down, moved by cattle effect looking for the next exciting wave. So if the herd joins a coin that is already expensive, what are the chances of it multiplying again? At best, they will get 20% income on their investment, and most of the times, they will lose bigtime.

With CBX, you take a coin that is practically worth nothing, and bring it to a 10 million$ marketcap - potentially making 125X your investment; I think this makes more economical sense, but that's me.

I know with coins, just like the stock market, herd investor psychology prevails. If it hadn't been for that single whale selling CBX, the excitement would have flowed here instead; and, if you remember, for one day it did.

The active ppl and devs are already committed to other altcoin projects, and will tend to join the growing ones in a snowball effect. That is the way a very few winners will take all.

It is a 24hr/day job just keeping up with a few coins, and the ones that have multiplied in price many times over in the last few weeks are going to attract even more interest, leaving the rest to wither.

There might be one or two sudden recoveries, but the odds are long against that now.

I know many really competent ppl working at full capacity, who are having to decide where their efforts are best rewarded between several $10m+ market cap coins, so the lesser ones don't really have much chance. Its just life (or natural selection).

maybe you idiots need to hype this shitcoin properly.

throw some anonymity features, some bullshit masternode crap or segwit, make it into a useful shitcoin instead of just relying on the spiel of "inventor of PoSp"

also that quintessence crap was doomed from the start with such a crap name.

I find these remarks unfair.

Any coin needs some community participation, with small coins like CBX, people can't just buy, sit on the sideline and expect some big reward. Doesn't happen that way, everybody has to pitch in. Good news is, the reward can be quite big (could have been).

I mean, CBX has a lot of good things going in it's favor; CBX was not designed on a whim: it was a calculated effort, perfected over years of development.

At least showing up at exchanges and helping to maintain a decent price on dump days; or trying to help confirming the new increased value following some outstanding good news (there has been many good news, with CBX: new algos, new wallets, programs, WBIP, mobile, Promo-cards, lottery: all exciting stuff, all too frequently met with crickets). If not getting involved financially, at the very least, cheer, post on the official threads, share with others.

The CBX development team is composed of human beings;`they need some kind of motivation too.  Not writing on threads, not supporting the coin, crickets, not spreading the good news, will get you the current state of things. A coin listed as a shitcoin, a coin that deserves a hell of a lot more.

Mabe this can be the fair lesson to be learned from the CBX experience: money doesn't come knocking at your door, you have to do something; whether you follow a system, a franchise, or doing your own thing, you will have to pitch in, success won't happen by itself. Just do something, talk to someone about it. Don't do like what most of you did with CBX: do something.

Otherwise, that dream you have will fail.

I still see serious potential in CBX.  This has all the hallmarks of a quality project.

Above all what attracted me to this project was the stability of the framework: a very limited supply, limited inflation and how similar this makes it to real precious metals.    

The framework has already been in place for a long time: A great website, great concept, great name and ticker code, great wallet.  What we need is a bit of organization in the community, for Yobit to fix the wallet, to get the coin on Bittrex and to spread the word around the cryptoverse.  

Don't forget, cryptos tend to follow a similar pattern.  They have an initial rally, the price peaks, excitement subsides and it drops.  But then it always rallies again and usually sees exponential gains the second time around.  

The rally for CBX is coming, don't know about all of you but I can see it in the not too distant future.  

Good advice ! I would add ...

Invest in a wide range of coins : Most will fail, but the winners should make up for that.

The most obvious failures are coins which :

1. Do not have active development + continual innovation (preferably a large team)

2. Do not have at least one key strength ie Effective Anon, Powerful Governance system, Trusted/Master nodes, Substantial cash for development, Massive distribution.

3. Do not have multiple channels for promotion and discussion.

Well it would seem there is no point holding on to them at this point I agree. While other communities have innovated and kept relevant cgb or cbx now has just done nothing and remained stagnated. They seem to think it works like the community drives the development.

In reality development creates the excitement and generates a community around it who support it by buying it and pushing up the price.

They need to create a development tax and governance system....plus perhaps some incentive nodes or masternodes...even sprinkle some anon and also actually be active on the thread and not treat it like a hobby coin.

But then again why sell now it is worth practically zero. Hold on and dream it gets taken over or the dev team does something eventually or just a random whale pump happens although cant see how it is not even on bittrex is it? i mean coins that have been out 5 mins are on bittrex.

this has yobit with a broken wallet for months

wdc,cgb,dgc mec all pretty much a laughing stock now whilst other coins are rocketing in value.

Never look into coins which do not have a dedicated proven developer/coder/designer or team of.

So what's going on with CBX is it game over? Is it worth keeping my 6000 coins I paid for over this 2 years. I can't see any updates or General info on any social media or news updates since 2016 September. Can any one enlighten me please??

https://bitcointalksearch.org/topic/m.18634107

You should have received an email from them.

What will happen with the CBX that went from the foundation wallets into the Spark ICO?

We already have a good amount of votes on the new coin vote page for C-CEX

https://c-cex.com/?id=vote

^ Go there and vote for CBX. 

how to get the cbx back i have invested some coin cbx on this project! really sad did not start yet, but anyway, please let me know how to get back the coin!

yobit don't give a fuck about CBX

I still have a withdrawal that is stuck on sending for over 1 year now.

You should just get CBX removed from Yobit.

Pay Bittrex to List CBX and get it on the other exchanges like Nova, Mercatox, Liqui.

I contacted Yobit and provided all info they ask for for (github source code, link to this thread, working nodes). 

Yobit can be slow but they should get it fixed.  If they don't this can be escalated to main forum by Devs. 


On another note, I see a bright future for CBX, this is very much an undervalued asset. 

devs here must also pressure ybt to bring back the cbx wallet. This must be taken to the main forum if they do not respond. You can not have a captive market place like this it is ruining the MC and creating it's own faux market.

what is being done to assist them getting the wallet back online?

How unfortunate that a big project has not already been achieved.

But I'm expecting something good from you ...

So I already reply with my Cbx address when we get back our cbx