Topic: del (Read 407 times)

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... EurBits are what has no value and no liquidity compared to BTC/ETH... 
...but when i search EurBit NOTHING comes up.  If you cant make CMC/CG360.. then you have no value.

It is impossible to return everything that has already been burned down. Mining doesn't work the other way around. You cannot convert bitcoins and ethereum back into electricity. So the same situation is in our project, it is impossible to return those bitcoins and ethereum that you burned when mining EurBit tokens. But if you suddenly want to change your EurBits for bitcoins or ethereum, then you can do it on external cryptocurrency exchanges. They are created for this, so that people change their cryptocurrencies.

If you burn (destroy) all bitcoin ...

Profit from the sale of EurBit on an external exchange is guaranteed to be obtained only if their internal rate at the time of sale has become noticeably higher than it was at the time of mining. Do not forget that exchanges have commissions for operations and withdrawals from the exchange. If the internal rate of EurBit has not changed during the time between mining and sale (it cannot decrease), then you will have to donate all your profit from mining (5%) to the buyer + to make a discount so that he pays the exchange commission on it.  Otherwise, it will be more profitable for him not to buy EurBit from your exchange, but to go to our website and mine them there, having received his guaranteed 5% bonus.

If I sell your tokens on an external exchange, will I return what I spent on them with a profit or not, did you double the rate or is it just inside you?

It is impossible to return everything that has already been burned down. Mining doesn't work the other way around. You cannot convert bitcoins and ethereum back into electricity. So the same situation is in our project, it is impossible to return those bitcoins and ethereum that you burned when mining EurBit tokens. But if you suddenly want to change your EurBits for bitcoins or ethereum, then you can do it on external cryptocurrency exchanges. They are created for this, so that people change their cryptocurrencies.

If I want to convert back your much more profitable and useful money for the user, will I get back what I had and some of the new money will remain with me?

It is simply a conversion of very volatile low quality money, the rate of which is as dependable as snow, into stable and much more profitable and useful money for the user.

Are the miners the same stokers who burn banknotes in the firebox, getting their 5 percent for it?

Miners

I have a simple question who will manage the work of your axiom, who is the main one who decides what is good for your project and what is bad, whom to connect and who not, and what kind of wrapper is your miracle token who monitors its liquidity.

A non-profit project that works for the benefit of the entire crypto industry for free needs your help.

The fact is that we have come up with a solution to almost all the problems of the crypto industry that prevent 7.7 billion ordinary inhabitants of the planet (who are not stock speculators), as well as all online stores, all manufacturers of any goods and services, from starting to abandon the use of fiat money and massively switch to  settlements in cryptocurrency.

We figured out how to make perfect money - decentralized, anonymous, non-volatile, never falling and well backed one. And this backing is not in the form of the Fed dollar, which itself is not backed by anything. Our tokens are better in their consumer properties than all cryptocurrencies and all fiat money, including bitcoin and the Fed dollar.

We found a way for the money to be printed not by the Central Banks, but by the people themselves, by everyone who wants. It can be done independently and anonymously, without expensive equipment and without a lot of electricity. After all, power is always with those people’s hands who print money. This means that modern societies in most countries of the world are more correctly called not democracies, but bankocracies. After all, in the most countries of the world the real power is not with the people at all, as the media controlled by banks lie, but with the banks. Our project figured out how to give ordinary people true freedom and democracy.

We have come up with a way to permanently save cryptocurrency users from losses and stress associated with rate drops or fraudulent actions.

We figured out how to move the entire crypto industry "To the Moon".

Details about our project can be found in the White Paper, which we have posted on our website eurbit.money

For the official start of our project, we need only a smart contract. Unfortunately, there are no smart contract developers in our team of volunteers. At the moment we are unable to find such a specialist who would help us for free or on post-payment terms. We are even ready to pay the developer several times more than he usually charges for such work in order to compensate him all the inconveniences of the delay in payment. But everyone wants to work only on a prepaid basis.

When the smart contract will be ready and the mining of our tokens will begin, then a certain percentage of the mined tokens will be sent to the development fund of our project (EurBit Foundation). After that we will be able to develop the project for the benefit of the entire cryptoindustry without outside financial assistance. But now we need a little help here. We only need one generous person who wants to accelerate the development of the cryptoindustry and who is ready to donate or lend us an amount of money in order to create a sufficiently complex smart contract. Perhaps the Bitcoin Foundation or the Ethereum Foundation or one of the major holders of these cryptocurrencies will want to help us, because it will be very beneficial for them. This is so because our token will be mined on the burning of bitcoins and ethereum (Proof-of-Burn). It means that the supply of these currencies will decrease, so the price of bitcoin and ethereum, thanks to us, will begin to grow. Or maybe it will be some kind of generous person who is close to the ideals of cryptanarchism or anti-globalism.

If you are afraid of fraud on our part, then you can not transfer your donation to us, but find a good developer yourself, negotiate with him and pay him directly for making a smart contract for our project.

If you are ready to help our project to implement our plans for the benefit of the entire cryptoindustry, then write to [email protected]