Topic: What is with Bitbar ? It disappeared ? (Read 1424 times)
Bitbar and Bitgem are two of the best new alts to some rom this mess. They are not exchange coin meant only to be pumped and dumped. They are almost the opposite of that. Bitgems may be taking that a step further with different values per coin possibly. I hope to see something great come from bitbar soon as well. Hopes are high
Wow people still think this coin is alive. It's dead and the volume alone shows it. 
This is about as funny as people said when BTC dropped from $32 to $2, and people says it's dead.
buying BitBars PM me!!!!!!
Wow people still think this coin is alive. It's dead and the volume alone shows it.
Quoted from my post in neeeewbies 
Bitbar is not a failure, Bitbar is trading for 0.13 BTC each consistently at the moment on very low volume exchanges. There are only 3408 bars mined at the time of this post.
I don't get why some people are so easy to ridicule this currency, the only conclusions which I can see are:
1. They actually really like the currency and would like to drive the price down, 'to buy it cheaper'.
2. They cant afford to buy as many Bitbars as they would like, so they try to drive the price down 'to buy it cheaper'.
3. They find it a threat to many of the shitcoins that have recently been spewed out over the last month or so, of which they have invested in, only to find they are now holding a bag of shit.
Yes I am invested in Bitbar, and I dont think I am holding a 'bag of shit', yes I would like it, and believe, that it will succeed regardless in the long term, just like bitcoin and litecoin did in the face of ridicule.
P.S. Trucoin, if you are reading this, I want no 'I LIKE YOUR STYLEEEEE!!!!' or shit like that. You in my eyes have done more harm to Bitbar than anyone on this forum. Maybe you should quit if you like your coin so much!
PPS http://bitbar.biz/ is the official site, as listed on http://bitbar.info/index.php not the one Truecoin leads you to believe.
I don't get why some people are so easy to ridicule this currency, the only conclusions which I can see are:
1. They actually really like the currency and would like to drive the price down, 'to buy it cheaper'.
2. They cant afford to buy as many Bitbars as they would like, so they try to drive the price down 'to buy it cheaper'.
3. They find it a threat to many of the shitcoins that have recently been spewed out over the last month or so, of which they have invested in, only to find they are now holding a bag of shit.
Yes I am invested in Bitbar, and I dont think I am holding a 'bag of shit', yes I would like it, and believe, that it will succeed regardless in the long term, just like bitcoin and litecoin did in the face of ridicule.
P.S. Trucoin, if you are reading this, I want no 'I LIKE YOUR STYLEEEEE!!!!' or shit like that. You in my eyes have done more harm to Bitbar than anyone on this forum. Maybe you should quit if you like your coin so much!
PPS http://bitbar.biz/ is the official site, as listed on http://bitbar.info/index.php not the one Truecoin leads you to believe.
Bitbar is one of the best designed alts. Thats why it is always at or near the top of choose coin especially when you adjust for stales. Most people don't have the patience to wait for the confirmations which is a benefit for those that stick with it.
I agree, the design of BitBar is nearly perfect, it is an evolution of technical features from many coins.
* there is no mining fluctuation, difficulty adjust on every block, block reward based on network hash rate. BTB mining is nearly always in equilibrium, while the likes of FTC CNC and many others, languish in high diff mining hell, with just 1-2 blocks mined per day.
* BTB have PoS blocks, this will ensure that even when no hardware mining is done, the currency will do just fine with PoS blocks.
* high value denomination, will discourage block spamming problem faced by BTC and many others. BTB have by far, the smallest and most efficient blockchain.
These are just some of the features I liked.
Bitbar is one of the best designed alts. Thats why it is always at or near the top of choose coin especially when you adjust for stales. Most people don't have the patience to wait for the confirmations which is a benefit for those that stick with it.
Shitcoin that had a 60% instamine on day one. Why would you want to buy?
^Known Liar, but absolutely correct in this case.
Hazard is a pretty straight forward cat. Would definitely not call him a liar
if you guys are really buying bitbars ive got some volcano insurance you might be interested in
Nice to see the BTB fanboys are still alive and deluded as ever...
The low starting diff glut was great for anyone that wanted to acquire some cheap. Thats why the priced dropped this low, the market always "fixes" these problems. It is a great value at current prices in my opinion. Its name and design will give it staying power. You can buy it on Bter or Cryptsy.
Shitcoin that had a 60% instamine on day one. Why would you want to buy?
60% of what? LTC had 10100 blocks mined on the first day, which is 30% of all outstanding coins at the 1 month mark (approx 30k blocks mined at the one month mark), I guess LTC must be shit too?
Agreed, as a matter of fact bitbar has been the only one of the new coins to bring something new to the table and that has been consistently more profitable to mine then bitcoin. Cannot wait until it hits btc-e
As a curiosity, what was new about it?
It's pretty much the slowest coin out there. That's all I can think of.
I take my question back. It was innovative because it perfected the biased instamine.
If I remember correctly, it was announced by xorxor, who started mining the coin with the creator at the start. Then everyone else was allowed to jump on after that. 2,000 coins were minted within the first 4 hours of that post, with the first two days pulling in 2,500+ coins. Since that day, only ~500 bitbars have been minted.
The only competition with that kind of instamine scam is mincoin, where the first few hundred (or was it an even thousand?) blocks were worth 500 coins each, and then every coin since then has been worth 2 coins.
Your math is wrong, there's 3400 bar outstanding, how did you arrive at 500? it's least 800 or more.
At least with BTB, the instamine is not by design, but by protocol. The protocol says the more popular the coin gets, the less reward is produced by block(same as PPC and NVC). So the amount of reward is directly related to how many people mining it. Early adopter is key to every coin, LTC when one month old, has 33% instamine on the 1st day (10100 blocks mined on 1st day). so what? the amount is tiny today, anyone care LTC had a 33% instamine nowdays? no, because that's tiny now compared to the size of LTC outstanding.
It's because BTB is based on the ppcoin source code. 2 million of those were created in the first 2 days and then production slowed down dramatically... 9 months later that 2 million is a much smaller % of the coin supply now.
Shitcoin that had a 60% instamine on day one. Why would you want to buy?
60% of what? LTC had 10100 blocks mined on the first day, which is 30% of all outstanding coins at the 1 month mark (approx 30k blocks mined at the one month mark), I guess LTC must be shit too?
Agreed, as a matter of fact bitbar has been the only one of the new coins to bring something new to the table and that has been consistently more profitable to mine then bitcoin. Cannot wait until it hits btc-e
As a curiosity, what was new about it?
It's pretty much the slowest coin out there. That's all I can think of.
I take my question back. It was innovative because it perfected the biased instamine.
If I remember correctly, it was announced by xorxor, who started mining the coin with the creator at the start. Then everyone else was allowed to jump on after that. 2,000 coins were minted within the first 4 hours of that post, with the first two days pulling in 2,500+ coins. Since that day, only ~500 bitbars have been minted.
The only competition with that kind of instamine scam is mincoin, where the first few hundred (or was it an even thousand?) blocks were worth 500 coins each, and then every coin since then has been worth 2 coins.
Your math is wrong, there's 3400 bar outstanding, how did you arrive at 500? it's least 800 or more.
At least with BTB, the instamine is not by design, but by protocol. The protocol says the more popular the coin gets, the less reward is produced by block(same as PPC and NVC). So the amount of reward is directly related to how many people mining it. Early adopter is key to every coin, LTC when one month old, has 33% instamine on the 1st day (10100 blocks mined on 1st day). so what? the amount is tiny today, anyone care LTC had a 33% instamine nowdays? no, because that's tiny now compared to the size of LTC outstanding.
Shitcoin that had a 60% instamine on day one. Why would you want to buy?
60% of what? LTC had 10100 blocks mined on the first day, which is 30% of all outstanding coins at the 1 month mark (approx 30k blocks mined at the one month mark), I guess LTC must be shit too?
Agreed, as a matter of fact bitbar has been the only one of the new coins to bring something new to the table and that has been consistently more profitable to mine then bitcoin. Cannot wait until it hits btc-e
As a curiosity, what was new about it?
It's pretty much the slowest coin out there. That's all I can think of.
I take my question back. It was innovative because it perfected the biased instamine.
If I remember correctly, it was announced by xorxor, who started mining the coin with the creator at the start. Then everyone else was allowed to jump on after that. 2,000 coins were minted within the first 4 hours of that post, with the first two days pulling in 2,500+ coins. Since that day, only ~500 bitbars have been minted.
The only competition with that kind of instamine scam is mincoin, where the first few hundred (or was it an even thousand?) blocks were worth 500 coins each, and then every coin since then has been worth 2 coins.
Shitcoin that had a 60% instamine on day one. Why would you want to buy?
60% of what? LTC had 10100 blocks mined on the first day, which is 30% of all outstanding coins at the 1 month mark (approx 30k blocks mined at the one month mark), I guess LTC must be shit too?
Agreed, as a matter of fact bitbar has been the only one of the new coins to bring something new to the table and that has been consistently more profitable to mine then bitcoin. Cannot wait until it hits btc-e
As a curiosity, what was new about it?
It's pretty much the slowest coin out there. That's all I can think of.
Shitcoin that had a 60% instamine on day one. Why would you want to buy?
60% of what? LTC had 10100 blocks mined on the first day, which is 30% of all outstanding coins at the 1 month mark (approx 30k blocks mined at the one month mark), I guess LTC must be shit too?
Agreed, as a matter of fact bitbar has been the only one of the new coins to bring something new to the table and that has been consistently more profitable to mine then bitcoin. Cannot wait until it hits btc-e
As a curiosity, what was new about it?
After days mining and a broken power supply, i was able to get 0.3 bitbar, not much, but i really think it can have a future.... having PoS
Shitcoin that had a 60% instamine on day one. Why would you want to buy?
60% of what? LTC had 10100 blocks mined on the first day, which is 30% of all outstanding coins at the 1 month mark (approx 30k blocks mined at the one month mark), I guess LTC must be shit too?
Agreed, as a matter of fact bitbar has been the only one of the new coins to bring something new to the table and that has been consistently more profitable to mine then bitcoin. Cannot wait until it hits btc-e
Shitcoin that had a 60% instamine on day one. Why would you want to buy?
60% of what? LTC had 10100 blocks mined on the first day, which is 33% of all outstanding coins at the 1 month mark (approx 30k blocks mined at the one month mark), I guess LTC must be shit too?
What is with Bitbar ? It disappeared ?
It had a cool name and I was thinking to buy some of them but it seems to be to late.
I cannot find it by bter any more.
It had a cool name and I was thinking to buy some of them but it seems to be to late.
I cannot find it by bter any more.
It's still on bter, their navigation had too many currency pairs, so they put it into a "more" menu, instead of having two rows like btc-e.
You can just use the direct link and book mark it:
http://bter.com/trade/btb_btc
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