i want to return to the results of this poll. Only 9% sell the entire amount mined, and out of them only 5% carelessly sell it, and the remaining 4% are very anxious about it. 22% only sell a part of the amount mined, redelegating the rest. And the vast majority - 69%(heh) redelegate everything, and 24% buy some on top of that to take advantage of the exchange rates lowering.
What can i say, i'm satisfied with the results. That is the right way to do it - selling everything now is not the brightest idea.
You can get BIP by buying it from another network member, and the less you sell, the higher the rates will be.
You have a bit of control over the price, every single sale will make it lower, and every purchase makes it go higher.
And here's another thought: because redelegation makes the stake constantly rise, selling your coins as late as possible is the right way to do it, so it doesn't leave a huge dent on your mining profits.
What can i say, i'm satisfied with the results. That is the right way to do it - selling everything now is not the brightest idea.
You can get BIP by buying it from another network member, and the less you sell, the higher the rates will be.
You have a bit of control over the price, every single sale will make it lower, and every purchase makes it go higher.
And here's another thought: because redelegation makes the stake constantly rise, selling your coins as late as possible is the right way to do it, so it doesn't leave a huge dent on your mining profits.
This isn't the first time i'm pointing out the incredibly high quality of my channels' audiences. Not even five days have passed, and @mbanknotifybot 's order book is showing a staggering 1.3 mil BIP. For me in this short amount of time it became an essential tool in monitoring what's going on with the prices and sales. Having this information gives you a serious advantage in arbitration. We're thinking about putting a part of the bot's functions behind a paywall with Roman so he can put more time and effort into the bot. And the payments will be accepted in a custom Minter coin, just how we like it.
I want to hear your opinion on the matter.
I want to hear your opinion on the matter.
Would you pay for some of the bot's functionality with a custom coin?
Anonymous Poll
67%
Yeah, i'm in.
33%
Nope.
Blockchain verification
Since i use a lot of services, i keep stumbling upon the issue of storing important information like passwords and whatnot. For my main Minter wallet it's pretty simple - i just memorized the seed. The rest of my seeds i just store on paper, and in an encrypted format.
Today, pondering about an important project i came up with something - registration and verification through the Minter blockchain. I don't know how and if it will even work, so i just want to discuss it.
Here's how i see it: while registering on a website the user enters their wallet address, they get a verification wallet, where they have to send a microtransaction, after which they'll gain access to their account. Every next login is performed the same way.
So we, only knowing the seed from the wallet, can log into hundreds of services with bank-level security. I also see monetization potential, because an authorization coin with a low CRR can be created and with enough users the reserve will be increased, making mining with it possible.
Since i use a lot of services, i keep stumbling upon the issue of storing important information like passwords and whatnot. For my main Minter wallet it's pretty simple - i just memorized the seed. The rest of my seeds i just store on paper, and in an encrypted format.
Today, pondering about an important project i came up with something - registration and verification through the Minter blockchain. I don't know how and if it will even work, so i just want to discuss it.
Here's how i see it: while registering on a website the user enters their wallet address, they get a verification wallet, where they have to send a microtransaction, after which they'll gain access to their account. Every next login is performed the same way.
So we, only knowing the seed from the wallet, can log into hundreds of services with bank-level security. I also see monetization potential, because an authorization coin with a low CRR can be created and with enough users the reserve will be increased, making mining with it possible.
If you could pay for some everyday needs like taxis, pizza and whatnot with Minter coins without the need to use any tradebots, would you?
Anonymous Poll
80%
I would.
20%
Nah.
So i'm sitting here and wondering why isn't there a blockchain poll system on Minter yet. It would be convenient, cheap and incredibly reliable. You create a vote coin with a ○ 1000 reserve and a 10% CRR with a big emission, in the denoscription you give a link to a service where the theme of the poll is specified (might be in another judical blockchain with a notarial deviation) and then you make all transactions go to this wallet. Everything is monitored and anyone can change their vote at any moment. A priceless option in the explorer would be to be able to filter out the wallets from which the coin in question was sent (might be in the same notarial blockchain), the stake of said coin in a certain amount, the time at which it was sent etc.
Let's say there's a shareholder meeting or they're choosing a new mayor. That operation becomes so much quicker, easier and is just as reliable.
A market for microtransactions with bank-level security that can also carry a ton of information (whoever had to deal with SWIFT payments shed a tear here) isn't being considered yet.
Let's say there's a shareholder meeting or they're choosing a new mayor. That operation becomes so much quicker, easier and is just as reliable.
A market for microtransactions with bank-level security that can also carry a ton of information (whoever had to deal with SWIFT payments shed a tear here) isn't being considered yet.
By the higher ups' reactions two things are clear:
Crypto is a big deal.
You can't really do anything about it, but the common opinion of the not-so-young people that happen to be our higher ups is that crypto should be banned wherever possible.
Easy, cheap and reliable methods of transferring money will inevitably beat the broken bribable unresponsive banking system. It's just so much more convenient.
Crypto is a big deal.
You can't really do anything about it, but the common opinion of the not-so-young people that happen to be our higher ups is that crypto should be banned wherever possible.
Easy, cheap and reliable methods of transferring money will inevitably beat the broken bribable unresponsive banking system. It's just so much more convenient.
Per-minute content payment.
Let's continue our discussion of new economic models we can build on Minter. This one's mostly fit for movies, but can also be used for games and whatever else you may think of. It's simple - you have a coin for an online/offline movie theater, and with said coin you can pay for a minute of viewtime. You can imagine (or maybe you've been) in a situation where you realize half an hour into the movie that the movie's shit. Per-minute payments for the rescue, you just quit the theatre and get a refund for the remainder of the movie. And with this approach content creators will have to be more responsible with their work, they'll have to not only lure you to see the movie, they'll also have to keep your interest til the credits roll.
Also per-minute payments are also a quality stamp of sorts, because if let's say a lecturer uses this system, they're confident people will listen until the very end.
Let's continue our discussion of new economic models we can build on Minter. This one's mostly fit for movies, but can also be used for games and whatever else you may think of. It's simple - you have a coin for an online/offline movie theater, and with said coin you can pay for a minute of viewtime. You can imagine (or maybe you've been) in a situation where you realize half an hour into the movie that the movie's shit. Per-minute payments for the rescue, you just quit the theatre and get a refund for the remainder of the movie. And with this approach content creators will have to be more responsible with their work, they'll have to not only lure you to see the movie, they'll also have to keep your interest til the credits roll.
Also per-minute payments are also a quality stamp of sorts, because if let's say a lecturer uses this system, they're confident people will listen until the very end.
I've been thinking about an arcade system for a long time now, where you pay for every attempt, forming a prizepool and whoever beats the highscore takes that prizepool. The focus is on simple games with simple rounds like Flappy Bird.
Anonymous Poll
50%
Sure, i'd play it.
50%
I wouldn't.
BIP and every other currency can now be purchased with debit cards on https://bip.dev/.
For questions and problems go to @minterhelp.
For questions and problems go to @minterhelp.
While everyone's looking at the rates, Scryaga's thinking about his subscribers. I don't understand all this hassle with transferring fiat money with cards. Today we got another method - i bought and tested a card from Advanced Cash. Costs 13 bucks, and you can put the main cryptocurrencies on it using the current rates. Today i bought my family some snacks in the morning with bitcoin. Everything works.
Forwarded from Minter Notify
🏷 Create Coin 👤 Scryaga
Name: A coin for a game about Bip's adventure to the USA 👾
Symbol: ESCAPE
Initial Amount: 77,777 ESCAPE
Initial Reserve: 11,111 BIP
CRR: 17%
Name: A coin for a game about Bip's adventure to the USA 👾
Symbol: ESCAPE
Initial Amount: 77,777 ESCAPE
Initial Reserve: 11,111 BIP
CRR: 17%
Cryptocurrency №28
ESCAPE
A coin for a game about Bip's adventure to the USA 👾
Emission - 77777 ESCAPE
CRR - 17%
Reserve - ○11111
Let's continue our discussion of monetizing projects build on Minter with games.
I think games are the right direction to go right now with how crypto works, because digital money and digital goods go together like bread and butter. Why do i consider Minter specifically to be the perfect connector between the provider and the consumer? Why would you use this network when you have all these other blockchains?
Simple. Since the launch of the mainnet, i learned a lot about the different projects and i met a lot of developers. And in the end everyone could agree that the advantage of Minter is the simple integration, and as a cherry on top incredibly fast transactions and an active community. That's why we saw so many projects these past few months, from bots to full-on games like Time Loop.
The goal of ESCAPE is to show just how easy it is to launch a game with its own coin, try out all experimental monetization methods and design it as you go. Myself and @devswbot decided to roll it out as is, rough and unpolished and then make adjustments based on feedback. Escape Exchange is a simple arcade game where you control Bip on its way to the USA, avoiding pumps and dumps. An attempt costs 1 ESCAPE, which is about 1 BIP at launch, but the 17% CRR will increase it, also increasing the jackpot, making it a higher risk/reward. 90% of ESCAPE goes to the prizepool and 10% goes to the development. To keep players' interest, the prizepool is halved when someone wins the jackpot, rather than going to zero. If the game blows up, the dev and i can get extra profits via delegation thanks to the low CRR. If the community wants, we'll also probably release an online poker game or whatever else we'll come up with using custom Minter coins.
Developer - @devswbot
Visual design - @makckam
Director - Scryaga
See you at http://cr-games.club/.
ESCAPE
A coin for a game about Bip's adventure to the USA 👾
Emission - 77777 ESCAPE
CRR - 17%
Reserve - ○11111
Let's continue our discussion of monetizing projects build on Minter with games.
I think games are the right direction to go right now with how crypto works, because digital money and digital goods go together like bread and butter. Why do i consider Minter specifically to be the perfect connector between the provider and the consumer? Why would you use this network when you have all these other blockchains?
Simple. Since the launch of the mainnet, i learned a lot about the different projects and i met a lot of developers. And in the end everyone could agree that the advantage of Minter is the simple integration, and as a cherry on top incredibly fast transactions and an active community. That's why we saw so many projects these past few months, from bots to full-on games like Time Loop.
The goal of ESCAPE is to show just how easy it is to launch a game with its own coin, try out all experimental monetization methods and design it as you go. Myself and @devswbot decided to roll it out as is, rough and unpolished and then make adjustments based on feedback. Escape Exchange is a simple arcade game where you control Bip on its way to the USA, avoiding pumps and dumps. An attempt costs 1 ESCAPE, which is about 1 BIP at launch, but the 17% CRR will increase it, also increasing the jackpot, making it a higher risk/reward. 90% of ESCAPE goes to the prizepool and 10% goes to the development. To keep players' interest, the prizepool is halved when someone wins the jackpot, rather than going to zero. If the game blows up, the dev and i can get extra profits via delegation thanks to the low CRR. If the community wants, we'll also probably release an online poker game or whatever else we'll come up with using custom Minter coins.
Developer - @devswbot
Visual design - @makckam
Director - Scryaga
See you at http://cr-games.club/.
We've heard many requests from you to add a training mode to Escape Exchange, so here it is! Go and check it out now at http://cr-games.club/
News regarding Escape Exchange.
How do you take 1,6 BIP and turn it into a thousand roubles? Buy 1 ESCAPE and beat the current high score by nilarrt (9108 points). You'll receive the money on your credit card.
P.S. We recently added a training mode.
How do you take 1,6 BIP and turn it into a thousand roubles? Buy 1 ESCAPE and beat the current high score by nilarrt (9108 points). You'll receive the money on your credit card.
P.S. We recently added a training mode.
You know me, since i like to use and abuse every monetization opportunity, you can now pay for Escape Exchange attempts using any ol' Minter coin. To support the native ESCAPE coin every other coin will be converted with a 5% fee.
A bit more about @mbanknotifybot . With pretty much no ads the bot is continuing to be helpful and even brings in some cash. From last time til now it made 584 BIP. Using 1001btc's rates that's approximately 14 USDT. In total, since launch it made 5022 BIP or 120 USDT.
Mullah
To all the talented devs out there - don't be afraid to make money from your decisions. Commercial success perfectly shows how true early hypothesis can be. And a non-commercial project can be launched when you know for sure you have enough money to make it happen and you're bothered by social problems.
To all the talented devs out there - don't be afraid to make money from your decisions. Commercial success perfectly shows how true early hypothesis can be. And a non-commercial project can be launched when you know for sure you have enough money to make it happen and you're bothered by social problems.