Topic: Incorrect Bitcore(BTX) Circulating Supply on CMC - page 2. (Read 4170 times)
Option 1: 'Circulating Supply includes the "virtually forked" coins' is my choice. It okay and seen right for BTX.
Optional 1 is my choice . thankyou devs
I went with option 1 although I would be open to option 2. For bitcore as a long term project we need to establish transparency of trust and attempt to account for the true picture. Option 1 serves this role
One side note...
CoinCompare does have the right circulation
https://www.cryptocompare.com/coins/btx/overview/BTC
In Coinmarketcap it does not look anything like what is in CriptoCompare. But I think it's great that here if you value the coin CoinCompare does have the right circulation
https://www.cryptocompare.com/coins/btx/overview/BTC
Remember that there are also other markets like: coincap, coingecko, etc.
Yes, I completely agree please dont forget the other compare sites.
But It's still disappointing what CMC is doing or not.
any news?
When this situation will be resolved?
When this situation will be resolved?
One side note...
CoinCompare does have the right circulation
https://www.cryptocompare.com/coins/btx/overview/BTC
In Coinmarketcap it does not look anything like what is in CriptoCompare. But I think it's great that here if you value the coin CoinCompare does have the right circulation
https://www.cryptocompare.com/coins/btx/overview/BTC
Remember that there are also other markets like: coincap, coingecko, etc.
Option 1
Option 1: Circulating Supply includes the "virtually forked" coins
This is insane! Why Coinmarketcap is treating BTX differently than any other Fork of BTC?
After all Coinmarketcap should understand that it is a service supported by all of us.
We will not support it any longer if its making wrong judgements and fails to show a neutral stance to all coins.
>> A nice place to post your comment would be here: https://twitter.com/YpsiNine/status/933000345344757762 <<
This is insane! Why Coinmarketcap is treating BTX differently than any other Fork of BTC?
After all Coinmarketcap should understand that it is a service supported by all of us.
We will not support it any longer if its making wrong judgements and fails to show a neutral stance to all coins.
>> A nice place to post your comment would be here: https://twitter.com/YpsiNine/status/933000345344757762 <<
Thats good to hear that someday BTX would be like doge coin luckily i dumped this shitcoin earlier.
Option one since bitcore is not that different from other fork situations
But how long for cmc to correct it?
But how long for cmc to correct it?
I don't know why would someone consider 2 and 3 , option 1 is way better option for bitcore. Really hope cmc will get things done quickly
Option one since bitcore is not that different from other fork situations
But how long for cmc to correct it?
But how long for cmc to correct it?
Option 4 , proposal
Define a maximum date to claim the btx to the btc holders and close that topic, The remaining coins are included in the airdrop, can this be done?
They can't only say, "Sorry guys, it's done. The supply is going to be frozen forever.". Are they going to at least count the future airdrops into the circulating supply? That's all very strange.
Why do they don't count the virtual fork into the circulating supply? The money is accessible for the ones having the needed private key as every other address on the blockchain. I really don't get on what grounds they're arguing to not count the virtual forked coins. What's the criterium for a coin to be count into the circulating supply. There has to be a definition from their side.
IMHO that's completely BS. By their criteria to not count the forked coins, they would have to ignore most of the "sleeping whale" accounts in other blockchains. I really just don't get it and it feels very arbitrary.
That would require a hard fork so I don't think it is the preferable option.Define a maximum date to claim the btx to the btc holders and close that topic, The remaining coins are included in the airdrop, can this be done?
Greetings Community,
As many of you know, the Bitcore team have been trying to work through the issues with CMC about our circulating supply being incorrectly displayed. I believe CMC views our "virtually forked" coins to Bitcoin holders to not be in circulation so in response our circulating supply has been arbitrarily frozen at 1,195,602 as of November 6th. Since November 6th, we have tried to establish direct contact and consequently we have been waiting for our circulating supply to be corrected. We are now creating this poll to enlist the help of the community in determining a good solution to the problem. Below is a brief description regarding each option and also the spreadsheet that documents everything from the airdrops, first claiming period, virtual fork, development fund addresses, and even the supply from mining. We stopped the calculations at block 84700 so anything that has occurred after that is not accounted for in the spreadsheet. We hope that you find this poll satisfactory and if you have any questions then please be sure to ask.
Sincerely,
Your Bitcore Team
Option 1: Circulating Supply includes the "virtually forked" coins
This option would essentially mean that all coins not currently controlled by the development team are considered in circulation. The numbers are documented below in the spreadsheet and this would mean the circulating supply would be 9,945,943.897515 as of block 84700. We think that this treatment is very fair since the coins are not in our possession and it is exactly how Bitcoin, Bitcoin Cash, and even additional forks have been calculated by CMC.
Option 2: Circulating Supply does not include the "virtually forked" coins but still all of other coins
This option would not consider the "virtually forked" coins to be in circulation but all other coins would still be counted in the circulating supply. The circulating supply for this option would be 1,625,941.46974566. All additional airdrops and coins mined beyond block 84700 would of course have to be added to the running total.
Option 3: Circulating Supply should be permanently frozen at 1,195,602
This option would mean that our circulating supply, despite any proven numbers, would be permanently frozen at 1,195,602.
https://docs.google.com/spreadsheets/d/1gzHqrDDCHyfBtA4H4wl15VYHQzwwfULcJq1r4JcVnOA/edit?usp=sharing
Was there any response when, how and if they would consider the virtual forked coins as circulating supply. As there would be: never, when they are transferred from the fork address or when the fork address' amount is changed in any way?As many of you know, the Bitcore team have been trying to work through the issues with CMC about our circulating supply being incorrectly displayed. I believe CMC views our "virtually forked" coins to Bitcoin holders to not be in circulation so in response our circulating supply has been arbitrarily frozen at 1,195,602 as of November 6th. Since November 6th, we have tried to establish direct contact and consequently we have been waiting for our circulating supply to be corrected. We are now creating this poll to enlist the help of the community in determining a good solution to the problem. Below is a brief description regarding each option and also the spreadsheet that documents everything from the airdrops, first claiming period, virtual fork, development fund addresses, and even the supply from mining. We stopped the calculations at block 84700 so anything that has occurred after that is not accounted for in the spreadsheet. We hope that you find this poll satisfactory and if you have any questions then please be sure to ask.
Sincerely,
Your Bitcore Team
Option 1: Circulating Supply includes the "virtually forked" coins
This option would essentially mean that all coins not currently controlled by the development team are considered in circulation. The numbers are documented below in the spreadsheet and this would mean the circulating supply would be 9,945,943.897515 as of block 84700. We think that this treatment is very fair since the coins are not in our possession and it is exactly how Bitcoin, Bitcoin Cash, and even additional forks have been calculated by CMC.
Option 2: Circulating Supply does not include the "virtually forked" coins but still all of other coins
This option would not consider the "virtually forked" coins to be in circulation but all other coins would still be counted in the circulating supply. The circulating supply for this option would be 1,625,941.46974566. All additional airdrops and coins mined beyond block 84700 would of course have to be added to the running total.
Option 3: Circulating Supply should be permanently frozen at 1,195,602
This option would mean that our circulating supply, despite any proven numbers, would be permanently frozen at 1,195,602.
https://docs.google.com/spreadsheets/d/1gzHqrDDCHyfBtA4H4wl15VYHQzwwfULcJq1r4JcVnOA/edit?usp=sharing
They can't only say, "Sorry guys, it's done. The supply is going to be frozen forever.". Are they going to at least count the future airdrops into the circulating supply? That's all very strange.
Why do they don't count the virtual fork into the circulating supply? The money is accessible for the ones having the needed private key as every other address on the blockchain. I really don't get on what grounds they're arguing to not count the virtual forked coins. What's the criterium for a coin to be count into the circulating supply. There has to be a definition from their side.
IMHO that's completely BS. By their criteria to not count the forked coins, they would have to ignore most of the "sleeping whale" accounts in other blockchains. I really just don't get it and it feels very arbitrary.
Again, it's hard to counter cmc's arguments and reasons, if we don't know them.
What have cmc comunicated to you so far? I read on their twitter that they had "sent you a msg" after they had reverted our numbers. What did that and eventual follow up messages from them say?
I mean we're kinda working blind here.
All I feel comfortable telling you was the one or two times they have actually answered us the discussion has been completely unproductive. I want to focus on objective things like the data and not subjective things.
Did they ask for some sort of payment? did we say no? Is that why our are numbers have been frozen? If so, Are we considering paying them?
Would really appreciate an honest answer to theese questions. The community deserves it I think.
Otherwise I might as well drop this whole cmc issue, and let it sort itself out. I can't try to solve something, when I feel important pieces of the puzzle missing.
My 2 sats.
The answer to all of your questions is no... They aren't paid based on correcting things or listing coins on markets. They are only paid based on advertisement dollars as far as I know.
Good to hear, appreciate the response.
F***k CMC then, for going all "Jamie Dimon" on us. Trying to keep the price down, probably even buying the dip.
Considering the owner has his bags full of bch, and its about to start pumping any minute now, heh.
Cant have little BTX waltzing in to the top 20, all pink, specced up to its teeth, and steal the limelight.
I say we just keep doing what's gotten us this far, which is making sure everyone is hearing about BTX and what it's capable of. CMC will just end up looking stupid, if they don't update the numbers. Especially if we let everyone know the correct numbers, and about cmc not cooperating. For whatever shady reasons they might have.
Option 2: +1,500,000 BTX the devs "rewarded"
1,625,941 BTX +1,500,000 BTX the devs "rewarded"=3,125,941 BTX circulating supply correctly
1,625,941 BTX +1,500,000 BTX the devs "rewarded"=3,125,941 BTX circulating supply correctly
FacePalm.
That's wrong on so many levels, I don't even know where to begin.
50% premine Not so bad ! Just but the king's name on it, a little work and here we go ! A full bag of BTC, freshly dumped from lame investor.
Not so bad ! Just but the king's name on it, a little work and here we go ! A full bag of BTC, freshly dumped from lame investor. 
Option 2: +1,500,000 BTX the devs "rewarded"
1,625,941 BTX +1,500,000 BTX the devs "rewarded"=3,125,941 BTX circulating supply correctly
1,625,941 BTX +1,500,000 BTX the devs "rewarded"=3,125,941 BTX circulating supply correctly
As far as I understand how the other Bitcoin based Currency's are got calculated the only only option to compare between them is Option 1 .
I can't vote but this maybe depends on my "Newbie" status, right?
I can't vote but this maybe depends on my "Newbie" status, right?
Please Option 1 its the only good one.
Option 4 , proposal
Define a maximum date to claim the btx to the btc holders and close that topic, The remaining coins are included in the airdrop, can this be done?
They can't only say, "Sorry guys, it's done. The supply is going to be frozen forever.". Are they going to at least count the future airdrops into the circulating supply? That's all very strange.
Why do they don't count the virtual fork into the circulating supply? The money is accessible for the ones having the needed private key as every other address on the blockchain. I really don't get on what grounds they're arguing to not count the virtual forked coins. What's the criterium for a coin to be count into the circulating supply. There has to be a definition from their side.
IMHO that's completely BS. By their criteria to not count the forked coins, they would have to ignore most of the "sleeping whale" accounts in other blockchains. I really just don't get it and it feels very arbitrary.
That would require a hard fork so I don't think it is the preferable option.Define a maximum date to claim the btx to the btc holders and close that topic, The remaining coins are included in the airdrop, can this be done?
Greetings Community,
As many of you know, the Bitcore team have been trying to work through the issues with CMC about our circulating supply being incorrectly displayed. I believe CMC views our "virtually forked" coins to Bitcoin holders to not be in circulation so in response our circulating supply has been arbitrarily frozen at 1,195,602 as of November 6th. Since November 6th, we have tried to establish direct contact and consequently we have been waiting for our circulating supply to be corrected. We are now creating this poll to enlist the help of the community in determining a good solution to the problem. Below is a brief description regarding each option and also the spreadsheet that documents everything from the airdrops, first claiming period, virtual fork, development fund addresses, and even the supply from mining. We stopped the calculations at block 84700 so anything that has occurred after that is not accounted for in the spreadsheet. We hope that you find this poll satisfactory and if you have any questions then please be sure to ask.
Sincerely,
Your Bitcore Team
Option 1: Circulating Supply includes the "virtually forked" coins
This option would essentially mean that all coins not currently controlled by the development team are considered in circulation. The numbers are documented below in the spreadsheet and this would mean the circulating supply would be 9,945,943.897515 as of block 84700. We think that this treatment is very fair since the coins are not in our possession and it is exactly how Bitcoin, Bitcoin Cash, and even additional forks have been calculated by CMC.
Option 2: Circulating Supply does not include the "virtually forked" coins but still all of other coins
This option would not consider the "virtually forked" coins to be in circulation but all other coins would still be counted in the circulating supply. The circulating supply for this option would be 1,625,941.46974566. All additional airdrops and coins mined beyond block 84700 would of course have to be added to the running total.
Option 3: Circulating Supply should be permanently frozen at 1,195,602
This option would mean that our circulating supply, despite any proven numbers, would be permanently frozen at 1,195,602.
https://docs.google.com/spreadsheets/d/1gzHqrDDCHyfBtA4H4wl15VYHQzwwfULcJq1r4JcVnOA/edit?usp=sharing
Was there any response when, how and if they would consider the virtual forked coins as circulating supply. As there would be: never, when they are transferred from the fork address or when the fork address' amount is changed in any way?As many of you know, the Bitcore team have been trying to work through the issues with CMC about our circulating supply being incorrectly displayed. I believe CMC views our "virtually forked" coins to Bitcoin holders to not be in circulation so in response our circulating supply has been arbitrarily frozen at 1,195,602 as of November 6th. Since November 6th, we have tried to establish direct contact and consequently we have been waiting for our circulating supply to be corrected. We are now creating this poll to enlist the help of the community in determining a good solution to the problem. Below is a brief description regarding each option and also the spreadsheet that documents everything from the airdrops, first claiming period, virtual fork, development fund addresses, and even the supply from mining. We stopped the calculations at block 84700 so anything that has occurred after that is not accounted for in the spreadsheet. We hope that you find this poll satisfactory and if you have any questions then please be sure to ask.
Sincerely,
Your Bitcore Team
Option 1: Circulating Supply includes the "virtually forked" coins
This option would essentially mean that all coins not currently controlled by the development team are considered in circulation. The numbers are documented below in the spreadsheet and this would mean the circulating supply would be 9,945,943.897515 as of block 84700. We think that this treatment is very fair since the coins are not in our possession and it is exactly how Bitcoin, Bitcoin Cash, and even additional forks have been calculated by CMC.
Option 2: Circulating Supply does not include the "virtually forked" coins but still all of other coins
This option would not consider the "virtually forked" coins to be in circulation but all other coins would still be counted in the circulating supply. The circulating supply for this option would be 1,625,941.46974566. All additional airdrops and coins mined beyond block 84700 would of course have to be added to the running total.
Option 3: Circulating Supply should be permanently frozen at 1,195,602
This option would mean that our circulating supply, despite any proven numbers, would be permanently frozen at 1,195,602.
https://docs.google.com/spreadsheets/d/1gzHqrDDCHyfBtA4H4wl15VYHQzwwfULcJq1r4JcVnOA/edit?usp=sharing
They can't only say, "Sorry guys, it's done. The supply is going to be frozen forever.". Are they going to at least count the future airdrops into the circulating supply? That's all very strange.
Why do they don't count the virtual fork into the circulating supply? The money is accessible for the ones having the needed private key as every other address on the blockchain. I really don't get on what grounds they're arguing to not count the virtual forked coins. What's the criterium for a coin to be count into the circulating supply. There has to be a definition from their side.
IMHO that's completely BS. By their criteria to not count the forked coins, they would have to ignore most of the "sleeping whale" accounts in other blockchains. I really just don't get it and it feels very arbitrary.
Again, it's hard to counter cmc's arguments and reasons, if we don't know them.
What have cmc comunicated to you so far? I read on their twitter that they had "sent you a msg" after they had reverted our numbers. What did that and eventual follow up messages from them say?
I mean we're kinda working blind here.
All I feel comfortable telling you was the one or two times they have actually answered us the discussion has been completely unproductive. I want to focus on objective things like the data and not subjective things.
Did they ask for some sort of payment? did we say no? Is that why our are numbers have been frozen? If so, Are we considering paying them?
Would really appreciate an honest answer to theese questions. The community deserves it I think.
Otherwise I might as well drop this whole cmc issue, and let it sort itself out. I can't try to solve something, when I feel important pieces of the puzzle missing.
My 2 sats.
The answer to all of your questions is no... They aren't paid based on correcting things or listing coins on markets. They are only paid based on advertisement dollars as far as I know.
Option 1 works for me. Dont know why we would ever choose 2 or 3 but that is beyond me.
Option 4 , proposal
Define a maximum date to claim the btx to the btc holders and close that topic, The remaining coins are included in the airdrop, can this be done?
They can't only say, "Sorry guys, it's done. The supply is going to be frozen forever.". Are they going to at least count the future airdrops into the circulating supply? That's all very strange.
Why do they don't count the virtual fork into the circulating supply? The money is accessible for the ones having the needed private key as every other address on the blockchain. I really don't get on what grounds they're arguing to not count the virtual forked coins. What's the criterium for a coin to be count into the circulating supply. There has to be a definition from their side.
IMHO that's completely BS. By their criteria to not count the forked coins, they would have to ignore most of the "sleeping whale" accounts in other blockchains. I really just don't get it and it feels very arbitrary.
That would require a hard fork so I don't think it is the preferable option.Define a maximum date to claim the btx to the btc holders and close that topic, The remaining coins are included in the airdrop, can this be done?
Greetings Community,
As many of you know, the Bitcore team have been trying to work through the issues with CMC about our circulating supply being incorrectly displayed. I believe CMC views our "virtually forked" coins to Bitcoin holders to not be in circulation so in response our circulating supply has been arbitrarily frozen at 1,195,602 as of November 6th. Since November 6th, we have tried to establish direct contact and consequently we have been waiting for our circulating supply to be corrected. We are now creating this poll to enlist the help of the community in determining a good solution to the problem. Below is a brief description regarding each option and also the spreadsheet that documents everything from the airdrops, first claiming period, virtual fork, development fund addresses, and even the supply from mining. We stopped the calculations at block 84700 so anything that has occurred after that is not accounted for in the spreadsheet. We hope that you find this poll satisfactory and if you have any questions then please be sure to ask.
Sincerely,
Your Bitcore Team
Option 1: Circulating Supply includes the "virtually forked" coins
This option would essentially mean that all coins not currently controlled by the development team are considered in circulation. The numbers are documented below in the spreadsheet and this would mean the circulating supply would be 9,945,943.897515 as of block 84700. We think that this treatment is very fair since the coins are not in our possession and it is exactly how Bitcoin, Bitcoin Cash, and even additional forks have been calculated by CMC.
Option 2: Circulating Supply does not include the "virtually forked" coins but still all of other coins
This option would not consider the "virtually forked" coins to be in circulation but all other coins would still be counted in the circulating supply. The circulating supply for this option would be 1,625,941.46974566. All additional airdrops and coins mined beyond block 84700 would of course have to be added to the running total.
Option 3: Circulating Supply should be permanently frozen at 1,195,602
This option would mean that our circulating supply, despite any proven numbers, would be permanently frozen at 1,195,602.
https://docs.google.com/spreadsheets/d/1gzHqrDDCHyfBtA4H4wl15VYHQzwwfULcJq1r4JcVnOA/edit?usp=sharing
Was there any response when, how and if they would consider the virtual forked coins as circulating supply. As there would be: never, when they are transferred from the fork address or when the fork address' amount is changed in any way?As many of you know, the Bitcore team have been trying to work through the issues with CMC about our circulating supply being incorrectly displayed. I believe CMC views our "virtually forked" coins to Bitcoin holders to not be in circulation so in response our circulating supply has been arbitrarily frozen at 1,195,602 as of November 6th. Since November 6th, we have tried to establish direct contact and consequently we have been waiting for our circulating supply to be corrected. We are now creating this poll to enlist the help of the community in determining a good solution to the problem. Below is a brief description regarding each option and also the spreadsheet that documents everything from the airdrops, first claiming period, virtual fork, development fund addresses, and even the supply from mining. We stopped the calculations at block 84700 so anything that has occurred after that is not accounted for in the spreadsheet. We hope that you find this poll satisfactory and if you have any questions then please be sure to ask.
Sincerely,
Your Bitcore Team
Option 1: Circulating Supply includes the "virtually forked" coins
This option would essentially mean that all coins not currently controlled by the development team are considered in circulation. The numbers are documented below in the spreadsheet and this would mean the circulating supply would be 9,945,943.897515 as of block 84700. We think that this treatment is very fair since the coins are not in our possession and it is exactly how Bitcoin, Bitcoin Cash, and even additional forks have been calculated by CMC.
Option 2: Circulating Supply does not include the "virtually forked" coins but still all of other coins
This option would not consider the "virtually forked" coins to be in circulation but all other coins would still be counted in the circulating supply. The circulating supply for this option would be 1,625,941.46974566. All additional airdrops and coins mined beyond block 84700 would of course have to be added to the running total.
Option 3: Circulating Supply should be permanently frozen at 1,195,602
This option would mean that our circulating supply, despite any proven numbers, would be permanently frozen at 1,195,602.
https://docs.google.com/spreadsheets/d/1gzHqrDDCHyfBtA4H4wl15VYHQzwwfULcJq1r4JcVnOA/edit?usp=sharing
They can't only say, "Sorry guys, it's done. The supply is going to be frozen forever.". Are they going to at least count the future airdrops into the circulating supply? That's all very strange.
Why do they don't count the virtual fork into the circulating supply? The money is accessible for the ones having the needed private key as every other address on the blockchain. I really don't get on what grounds they're arguing to not count the virtual forked coins. What's the criterium for a coin to be count into the circulating supply. There has to be a definition from their side.
IMHO that's completely BS. By their criteria to not count the forked coins, they would have to ignore most of the "sleeping whale" accounts in other blockchains. I really just don't get it and it feels very arbitrary.
Again, it's hard to counter cmc's arguments and reasons, if we don't know them.
What have cmc comunicated to you so far? I read on their twitter that they had "sent you a msg" after they had reverted our numbers. What did that and eventual follow up messages from them say?
I mean we're kinda working blind here.
All I feel comfortable telling you was the one or two times they have actually answered us the discussion has been completely unproductive. I want to focus on objective things like the data and not subjective things.
Did they ask for some sort of payment? did we say no? Is that why our are numbers have been frozen? If so, Are we considering paying them?
Would really appreciate an honest answer to theese questions. The community deserves it I think.
Otherwise I might as well drop this whole cmc issue, and let it sort itself out. I can't try to solve something, when I feel important pieces of the puzzle missing.
My 2 sats.
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