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Topic: How many Bitcoins in a BitBar? - page 2. (Read 1929 times)

full member
Activity: 210
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
May 03, 2013, 02:44:51 PM
#17
I would like to see 100 Smiley

at current difficulty  should be something like 100-200 BTC per BitBar
sr. member
Activity: 261
Merit: 250
Interesting.....
May 03, 2013, 02:28:58 PM
#16
If we are the market..

How many Bitcoins in a Bitbar??
legendary
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
May 03, 2013, 02:24:20 PM
#15
but still...

how many Bitcoins in a Bitbar???

Market decides Wink
sr. member
Activity: 261
Merit: 250
Interesting.....
May 03, 2013, 02:22:16 PM
#14
but still...

how many Bitcoins in a Bitbar???
sr. member
Activity: 271
Merit: 250
May 03, 2013, 02:17:18 PM
#13
.000000000000001 BTC to 1 BTB


It's an altchain released about 24 hours ago with 0 dedicated services and no real purpose other than pump-and-dump. The only think keeping it's price up right now is mindless hype and insane speculation. Assuming this thread is a discussion of the "true" value of one BitBar, I say it is effectively worthless given current conditions since you can't actually use it for anything other than speculation yet.

You seem to spend a lot of time in the alt coin section bashing alt coins. Not trying to be rude but why are you here?

Equality basically hits the nail on the head:

most of them are scams and get rich quick schemes. they're not actually trying to do anything good. you have to create a coin for altruistic reasons and be very good at it to be on bitcoins level. which basically means you have to make improvements on bitcoin. improvements designed to make the world a better place. then you have to release it in an honest way with no premining. the reason most people create alt coins is because of greed and to make the creators rich.



It's hard to buy into this whole "changing the world and making it a better place" dialogue when 90% of the altchains that come out are thinly-veiled attempts to make a quick buck a few individuals at others' expense. It really saddens me to see this subforum in such a state where everyone's so excited about *yet another* currency with dubious improvements over Bitcoin bubble'ing to such a high price in such little time without any real support for it.

I like altchains. I really like what Litecoin, Devcoin, and Namecoin have brought to the table. Bytecoin and other branches which have literally added nothing new, on the other hand, I have extremely little respect for. Hence my "bashing" them.
full member
Activity: 194
Merit: 100
May 03, 2013, 02:10:56 PM
#12

I have high hopes for this coin.

So do I. Lots of good ideas
sr. member
Activity: 364
Merit: 264
May 03, 2013, 02:08:31 PM
#11
PPC drops by 1/2 with every 16x (2^4) increase in difficulty, and this coin drops by 1/2 for every 64x (2^6) increase. So I believe it's a slower decay. If anything, the per block difficulty adjust somewhat dampens the effectiveness of premine, and also makes difficulty adjust faster compared to 4x per 2048 blocks (starting difficulty was still too low though).

"Decay" is probably not the correct incentive, hence I'd be more likely to support coins that grow in reward as hashpower increases (i.e. by sqrt of the hash). A couple of proposed coins have this feature.
newbie
Activity: 28
Merit: 0
May 03, 2013, 02:06:24 PM
#10
absolute # is meaningless. what counts is the rate of reward dropping.
sr. member
Activity: 364
Merit: 264
May 03, 2013, 02:00:24 PM
#9
Quote

13:58:25

getinfo


13:58:25

{
...
"moneysupply" : 2517.20695800,
...
}

Total coin (bar) supply is a bit over 2500 now. In comparison, PPC was a bit over 2M on the first day, and so is feathercoin. I wager that probably no one has 1000 so far.
newbie
Activity: 28
Merit: 0
May 03, 2013, 01:57:14 PM
#8
think about why would someone make the reward 1/1000 of what it was 1 day ago. you think its rare? no it's not, at least it wasn't. somebody's already mined millions.
newbie
Activity: 37
Merit: 0
May 03, 2013, 01:52:03 PM
#7
.000000000000001 BTC to 1 BTB


It's an altchain released about 24 hours ago with 0 dedicated services and no real purpose other than pump-and-dump. The only think keeping it's price up right now is mindless hype and insane speculation. Assuming this thread is a discussion of the "true" value of one BitBar, I say it is effectively worthless given current conditions since you can't actually use it for anything other than speculation yet.

You seem to spend a lot of time in the alt coin section bashing alt coins. Not trying to be rude but why are you here?

I agree. I've seen 3-4 members here who bash every alt coin. Litecoin, ppcoin, feathercoin... everything
most of them are scams and get rich quick schemes. they're not actually trying to do anything good. you have to create a coin for altruistic reasons and be very good at it to be on bitcoins level. which basically means you have to make improvements on bitcoin. improvements designed to make the world a better place. then you have to release it in an honest way with no premining. the reason most people create alt coins is because of greed and to make the creators rich.
legendary
Activity: 1344
Merit: 1001
May 03, 2013, 01:32:38 PM
#6
.000000000000001 BTC to 1 BTB


It's an altchain released about 24 hours ago with 0 dedicated services and no real purpose other than pump-and-dump. The only think keeping it's price up right now is mindless hype and insane speculation. Assuming this thread is a discussion of the "true" value of one BitBar, I say it is effectively worthless given current conditions since you can't actually use it for anything other than speculation yet.

You seem to spend a lot of time in the alt coin section bashing alt coins. Not trying to be rude but why are you here?

I agree. I've seen 3-4 members here who bash every alt coin. Litecoin, ppcoin, feathercoin... everything
legendary
Activity: 1162
Merit: 1000
May 03, 2013, 01:31:32 PM
#5
.000000000000001 BTC to 1 BTB


It's an altchain released about 24 hours ago with 0 dedicated services and no real purpose other than pump-and-dump. The only think keeping it's price up right now is mindless hype and insane speculation. Assuming this thread is a discussion of the "true" value of one BitBar, I say it is effectively worthless given current conditions since you can't actually use it for anything other than speculation yet.

You seem to spend a lot of time in the alt coin section bashing alt coins. Not trying to be rude but why are you here?
legendary
Activity: 1344
Merit: 1001
May 03, 2013, 01:28:31 PM
#4
.000000000000001 BTC to 1 BTB


It's an altchain released about 24 hours ago with 0 dedicated services and no real purpose other than pump-and-dump. The only think keeping it's price up right now is mindless hype and insane speculation. Assuming this thread is a discussion of the "true" value of one BitBar, I say it is effectively worthless given current conditions since you can't actually use it for anything other than speculation yet.

An exchange is in the works.

I have high hopes for this coin.
sr. member
Activity: 271
Merit: 250
May 03, 2013, 01:26:26 PM
#3
.000000000000001 BTC to 1 BTB


It's an altchain released about 24 hours ago with 0 dedicated services and no real purpose other than pump-and-dump. The only think keeping it's price up right now is mindless hype and insane speculation. Assuming this thread is a discussion of the "true" value of one BitBar, I say it is effectively worthless given current conditions since you can't actually use it for anything other than speculation yet.
legendary
Activity: 1162
Merit: 1000
May 03, 2013, 01:25:49 PM
#2
I would like to see 100 Smiley
sr. member
Activity: 261
Merit: 250
Interesting.....
May 03, 2013, 01:23:52 PM
#1
If BitBar is supposed to be a consolidation of crypto-coin value....how many Bitcoins are in a bar?

5?
25?
50?
100?
1k coins per bar?

What do you guys think?
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