Post
Topic
Board Announcements (Altcoins)
Re: BiblePay - New Coin Launch - Official Thread
by
Alex873434
on 23/01/2018, 08:38:58 UTC
I hope youre right... but try to be new miner. He comes to this forum read all this thread and what he see? ofc if you ignore my posts, slovakia, adrian and few other "trashtalking" users. last 40 pages are almost about huge problems with minning(pool crashes, miner crashes, mandatory updates) no posibility to sell coin(if we cant sell bbp, so how we suport oprhans?) and ridiculous mn fee for really young coin. And ofc how can i forget some posts from new users(post counter under 5) who are REALLY supporting this great project.
If devs don't do anything our beloved rank 666 on coinmarketcap will be only a dream...

This is a new coin still (barely 6 months old).  Look around and see what other small coins of the same age are doing?  Not much.  Sure there are a few outliers but they're mostly ICO's and coins with huge pre-mines generally rehashing other coins under a new name.  The exchanges are independent, and most small coins this age have none other than a few that do "internal exchanges" which is typically a warning flag that it might be problematic.  1.5M coins for a MN is a lot, it's not the 30M Linda needs, but considering this coin is based on DASH which needs 1000 DASH for a Masternode and this coin has 1000x the supply, we're still in the same ballpark.  Don't forget the MN "fee" doesn't go anywhere, you still control it like in every other MN coin.
I was taking rather about that 40% from block go to mn;)
Imo 1,5mln bbp for mn is ok... but as i wrote in last year i prefer that thins 1,5mln bbp go for oprhans. It will be uniqe but it will build stronger connetcion mn owner with coin.
How many mn we have now and how much was on start of mn?
BTW on forum is thread about best cpu mineable coins and someone mention bbp there and after few posts other guy (with around 100 posts so no "bot") wrote almost same issues like me in last post and call "strange" coin.
He also wrote there is NO info about is there any pool where you can mine bbp and he is right(there is info in guides but not every one read them).
But on main page is this type of info:"The block reward breakdown is as follows:
100 Reward (example)
10 : Charity (sponsoring orphans, 100% goes to the orphans)
10 : Sanctuary network (goes live at Christmas of 2017 - allows for rewards for running full sanctuary nodes, allows the coin to become a Charitable DAO organization, fully running by the community itself)    (Note this is 0 for the first 40000 blocks)
80 : Block Subsidy to the Node who mined the block using POB"
It's a bit OUT of date...

I agree that some information is some part of the forum sometimes needs to be updated. I think Rob is just overloaded and has so much on his plate that he has to set priorities on tasks. I think Togo made a good compiled list of everything on the reddit so if you see that, it will probably be the best to send them to the reddit or even just give a hand in spreading the information.

On your other points, I understand where you're coming from but you have to remember our coin needs to attract investors and have value if we want to help anyone. I don't think giving 1.5 mil coins would help anyone if the coins are worth nothing. Yes some people will make money, maybe become rich if the coin is successful...however...it will also mean that will be able to help a lot of of people. I don't think you can have the success of one without the success of the other.