The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
What do you all think of Cryptobridge and its market maker program - https://crypto-bridge.org/market-maker-program/
Would you imagine the increase in daily volume of plusone is due to that.? IE going from around $10 per day to over a hundred or two..
You will have to wait a long time to get rich off the plusone coins..
24 hour trading volume $8.67 (from coingecko) ..
7984654.57 total coins - 18/09/2018 (from https://blockchain.plusonecoin.org/richlist)
99.20% of the coins are in the top 100 addresses..
94.34% of the coins are in the top 50 addresses..
the 100th largest wallet has 2050 coins ($ 115.22 ) coingecko price currently at $0.056207
the .80% of coins outside these top 100 is a total of .0080 * 7984654.57 = 63877.23656 coins ($3589.83682 ) and you'd be #20 in the top wallets (if you stored them all in one...)
That's less than 1 bitcoin...as there are ~111000 plusone's to every bitcoin..
Too many whales in this coin - They pre-mined 20% of the eventual 26 million.. Their mining hardware is still picking up most of the new coins since then (over 2 million more) and spreading them out in the top 50...
Their http://happypool.co stats show that the pool mined 29 plusone Over 7 Days!!!!.
The recent price rise in plusone has been tiny in numbers of coins. Recent trades are similar .
18/09 09:17:53 Buy 0.00000900(BTC price) 1.11457176 coins $ 0.06
18/09 09:17:52 Buy 0.00000899 116.69619604 coins $ 6.55
18/09 09:17:49 Buy 0.00000899 33.30380396 coins $ 1.85
18/09 01:53:08 Sell 0.00000807 2.90000000 coins $ 0.16
There are so few coins circulating you will not make much.. if It ever rose much in price, who do you think will be selling? it'd cost them a few bucks to push the price up, and then dump, and push the price up and dump..
They say they are making money with the coins.. hmmm.. All this worth the million pound money raise?? For investors - no.. for them, yep!
Good luck!
I think it's telling that his Bio in this article doesn't mention anything about being CEO of OBC "The UK's leading crypto company" nor does he mention that they have created their own coins based off bitcoin. LOL.
Need more info on what they are actually doing/ how many people are working on it. The site is not good - no copyright, no full mention of the company name, contact info. You can contact them - to get updates or give them ideas.
$100,000 is not a lot of money to invest - perhaps a one man show? They better make something better than CryptoKitties.
From : http://fortune.com/2018/06/18/cryptokitties/
While the median price of a CryptoKitty—a unique digital cat that can be traded on the Ethereum blockchain— reached $41 a few months ago, that figure is now closer to $5. Meanwhile, the transaction volume has fallen more than ten-fold from 1.3 million in December to 115,000 in May.
Those figures, reported by Business Insider and based on blockchain research from Diar and Bloxy, provide grist for those who say the CryptoCurrency craze was just a flash-in-the-pan—notwithstanding the $12 million from bluechip VC firms Andreessen Horowitz and Union Square Ventures.
UK Regulator Warns Institutions of Greater Levels of Risk Posed by Cryptos. https://www.newsbtc.com/2018/06/12/uk-regulator-warns-institutions-of-greater-levels-of-risk-posed-by-cryptos/ More regulation coming? From last paragraph of the article: Last month, we reported on the regulators investigating several digital currency-related firms that were thought to be operating without licenses from the financial regulators. These companies that were not named at the time could face various sanctions that include cease and desist orders, the freezing of their assets, or even jail time for their organisers.
All this hard work.. https://braz.io/ Brazio is a secure digital currency, providing the people of Brazil a doorway into the cryptocurrency revolution. With all the robust features of a secure blockchain, Brazio provides anonymous and virtually instant transactions, with which a third party cannot interfere. Brazio can be mined by anyone. https://braz.io/ Manila is a secure digital currency, providing the people of the Philippines a doorway into the cryptocurrency revolution. With all the robust features of a secure blockchain, Manila provides anonymous and virtually instant transactions, with which a third party cannot interfere. Manila can be mined by anyone. You can be sure that whatever coins they come up with will be "A Leap Forward in P2P Currency". As they are skilled enough to copy that phrase from one to the next..
And it's in english.. :) lovely and useful.. https://braz.io/ "Brazio will transform the way people in Brazil transact and store their personal funds. It solves all the problems inherent in the financial dealings of an unbanked nation." Who do they think they are?
Clem is at it with another new coin! Brazio coin.. 20% of the total volume of the Brazio coin will be premined by Online Blockchain. It will be used to fund the infrastructure, development, large bounties and marketing requirements of implementing such a large-scale project. Why the fund raise of 1,000,000 if they are keeping 20% of the coins (same as with PlusOne coin) In the whitepaper (https://braz.io/BrazioWhitepaper.pdf ), there is a link in the "Roadmap" i.e. Rollout www.Braziocoin.io - but the link actually points to : http://www.manilacoin.io/ Which looks very similar to the Braz.io..... No roadmap there yet.. But I bet they pre-mined 20% of the coins... They are sooooo sloppy that they don't care - they copy sites/coins, change a few words and think that is worth a million pounds? How many coins are they going to make?
If you had a bunch of mining hardware for plusone coin.. Would you direct all that computing power to mining the few transactions of plusone, or would you be mining bitcoin with most of the hardware (off which plusone is based) and have OBC pay the power bills. Who would know? Easy money.
Saw his tweet from @Cryptobridge Retweeted by ADVFN and Plus1 coin developer Carlos (@Carlos_Tweets) CryptoBridge‏ @CryptoBridge � Mar 20 $PLUS @Plusonecoin is now trading on the #CryptoBridge Decentralized Exchange! http://crypto-bridge.org #thinkdecentral I wonder why no one else is using that to ramp this up. I've not tried CryptoBridge - has anyone here? There are blockchain companies that are doing big things - One created by Disney as a multi-purpose API for custom contracts - https://dragonchain.com/ Disney worked on this for years! It's currently being used for a new ownership of Art blockchain product .http://www.fimart.io/ There is a blockchain for Shipping being developed shipchain.io.. Look at their roadmap.. Don't expect something quick from OBC. Look at their competition in the blockchain market right now and compare. I've given you just two examples. No plans/roadmaps from OBC. Until you have any information about what they are doing, it 's just BMD whispers raising the price.
6753751.26 (29550.03 new coins) since my last post (while you were sleeping).. Another 1000 pounds almost?? That's a bit ridiculous.. https://blockchain.plusonecoin.org/richlist DYOR
6649801.14 8/03/2018 A ton of new coins between 14th and 15th of March compared to other dates. This is why you need to watch what's going on. Quite unusual . look at the blockchain explorer for yourselves.. Did they give out coins and pizza ?? 6650701.14 9/03/2018 difference 6653101.15 11/03/2018 =2400.01 6653651.16 12/03/2018 =550.01 6656001.18 14/03/2018 =2350.02 6724101.23 15/03/2018 =68100.05 Worth 0.33932000 BTC (on tradesatoshi) almost 2000 GBP. TONS of activity on tradesatoshi as well.. only a few transactions per day on there until 14/15 Compare to how many Bitcoins are made in a day: The Bitcoin network automatically adjusts the difficulty so that a new block is produced roughly every 10 minutes. 1440 minutes in a day / 10 minutes per block = 144 blocks per day. Every block currently creates 50 bitcoins, so 144 * 50 = 7200 BTC (Back when the reward was 50 per block as it is for plus1) Currently a block is mined roughly every 10�12 minutes that spouts 12.5 Bitcoins. That is 1500�1872 bitcoins a day. According to experts the last bitcoin will be mined around the year 2140.
Yeah, Veggie coin is a fork off Plus1 coin. It's done by the Chambers boys. Have a look at the site. https://www.veggiecoin.io/
I haven't heard Clem talking about BlockChain, but I was afraid of that. I can't wait to hear what was said at this pizza party. Please someone report on it! I wonder if he'll talk about the Veggie coin.. :) Price to Earnings ratio 333.. Wow-half a devil!
OK, whew. Thanks for letting me know!
I got home and tried to download the software on the line at bitcointalk.org.. My virus scanner found an infection - so be careful if you try to download it. As always.. I use AVAST..
https://bitcointalk.org/index.php?topic=2684998.0 links at the top, a bit of discussion Not tried it yet.. but found out something else.. There is another coin (actually 2) that is forked from plusone coin.. They just love these coins.. I introduce you to Veggie Coin. https://www.veggiecoin.io From their whitepaper.. " Veggie was created by the Financial Guru Clem Chambers, and software engineers Oscar Chambers and Barney Chambers." Runs in the family I guess.. Miners are not called miners, they are called farmers. Portion (25%) of the 'farmed' will coins will go to community nominated animal welfare charity and the rest to the farmers. Of course they have their own Let's all just make tons of new coins each for a different purpose. Better than crappy shares that can't be manipulated and are unregulated.
What happened to the Mining software that was available?? Who is this miner that BMD refers to that is gobbling up the coins? 6617201.06 18/02/2018 am 6623001.09 24/02/2018 am = 5800 new coins over 6 days 6634151.10 26/02/2018 pm = 11150 new coins over ~3 days 6643351.12 01/03/2018 am = 9200 new coins over ~3 days These are the numbers of new coins.The only miners are the ones that got it at the beginning. In my previous post I mention that between 6617201.06 18/02/2018 am 6623001.09 24/02/2018 am = 5800 new coins over 6 days 5450 of the coins go to one account... This was the original miner.. so 350 went to other miners.. Watch the leader board on https://blockchain.plusonecoin.org/richlist Not much change there.. The leaders are still the original new coins that they gave to themselves, and just thinking about it.. It's more than the company revenue in the previous 2 years. Drop in price on tradesatoshi not a huge volume in $ or coins so it can swing. Talks with topman great, but rumours at this point. Good luck all!
From the RNS before the name change.. The Company's turnover for the year was �98,000 (2016: �85,000) giving a profit before tax of �18,000 (2016: profit of �12,000). Raising 1,000,000 just a few months later is quite a surprise. That's a huge P/E ratio... WOW! See, I can be positive.
chumba. OK, sorry about the "someone reasonable" to you and everyone. That could look like I was name calling which was not the intention - poor choice of words. Can you report on what happens at the meeting? Or can I just ask if anyone can report back here? Is anyone asking questions at the meeting, and if so, what questions? If you don't want to disclose the questions now, after the meeting is fine. I'm glad Dan has done you proud. I bought Sefton when he was selling but telling everyone he was buying. I should have sold as it went down but I believed that it would get turned around by his hand picked successor, and then it got so low that it didn't really matter. I'm just going to watch this one with interest for a while before I invest here.