Are you liking #HYPE's buyback mechanism? that's similar to what #BTC2 will have when the bot fees are paid in BTC2. A few of you were invited to test it while it is getting ready.
#Bitcoin2
Bitcoin has been recovering. the bear market seems to be over but not a bull market yet. Our yield bot that will require #BTC2 coins to use became a complex beast with more features than anticipated. It is being tested vigorously in private. Invitation for more testers TBA.
At community's request, here is a list of some community created pages about #BTC2:
(They are not monitored, created nor endorsed by bitc2org).
https://t.co/jVZBicQsWx
https://t.co/IGGylEAqWF
https://t.co/jKnc5OvIeo - includes:
https://t.co/17qxQo5pE1 - BTC2 marketplace
https://t.co/qwqK7aoXpS - Unofficial wrapped BNB chain version of BTC2. The creator has full access to bridged BTC2 and could take it if he wanted to.
While waiting for a more bullish time for the crypto market the #BTC2 bought for airdrops is being staked. And the income generating bot that'll be an important use case for BTC2 is still developing. It can be made available regardless of market conditions though.
2529 #BTC2 for airdrops and such has been bought so far with the community funds after XT fees.
Average purchase price 0.1065 USDT per BTC2 after XT fees.
381.55 USDT remaining total, out of that 56.05 USDT is top of book funds
so the half that's not at the top of book remains untouched.
Happy new year everyone! A poll about the use of community funds for buying #BTC2 for airdrops and faucets has been created on our telegram group: https://t.co/L1D7EXxwBl
#Bitcoin2
To truly maintain your net worth equal or higher through currency debasement, you need to hold assets that grow in nominal $ terms more than the $ supply grows. Bitcoin, Gold, Nasdaq 100 are the best known options to achieve this in the long run. Aiming to add #BTC2 to the list.
The beta version of the bot and related tools have been running and increasing stacks for a long time already and getting constant improvements.
There are still some features to complete that are currently manual instead of automated like they should be.
Been working for 1.5 years on a way for #BTC2 holders to earn high yield (currently 49.5% APY) safely on their other crypto assets. Once in open beta testing,
you can expect Bitcoin 2 to have extra demand because fees to use the bot are going to be paid in BTC2.
#Yield#Bitcoin2
There's now over $500 in the #BTC2 community's marketing fund so we can discuss about how to start spending it. At telegram: https://t.co/L1D7EXwYLN
#Bitcoin2
Misunderstood Stakecube's announcement earlier. Sorry! They closed new user registrations for now and some assets like ETH and stables are offline while they are upgrading to a new platform. During the transition it'll be riskier than before to keep your #BTC2 there.
There's now over $400 in the #BTC2 community marketing fund. While $500+ would be better to start with, if the community wants, we can start marketing with the $400+ soon. Donations to it accepted of course! #Bitcoin2
Gathering up a community managed marketing fund for Bitcoin 2. You can now donate USDT, USDC and SOL to our #BTC2 marketing wallet Solana address (already over $200 in it):
9YBgVeTKBw8zqxk9Jmu52FAozVY4pPZC216EDBoayFTv
Discuss about how to spend it: https://t.co/L1D7EXxwBl
Gathering up a community managed marketing fund for Bitcoin 2. You can now donate USDT, USDC and SOL to our #BTC2 marketing wallet Solana address (already over $200 in it):
9YBgVeTKBw8zqxk9Jmu52FAozVY4pPZC216EDBoayFTv
Discuss about how to spend it: https://t.co/L1D7EXxwBl
Sometimes keeping it simple makes more sense. Smart contracts always lead to more hacks. Simpler blockchains like $BTC and #BTC2 are safer to use. Trying to simplify the smart contract blockchains also hasn't worked so well yet, see the hack of one of Abstract's projects.
Bybit ETH multisig cold wallet just made a transfer to our warm wallet about 1 hr ago. It appears that this specific transaction was musked, all the signers saw the musked UI which showed the correct address and the URL was from @safe . However the signing message was to change the smart contract logic of our ETH cold wallet. This resulted Hacker took control of the specific ETH cold wallet we signed and transfered all ETH in the cold wallet to this unidentified address. Please rest assured that all other cold wallets are secure.
All withdraws are NORMAL.
I will keep you guys posted as more develops, If any team can help us to track the stolen fund will be appreciated.
https://t.co/ckwZgma8Lf
As we knew and CZ said: "the truth is: exchanges must compete to list popular coins (with trading volume) as early as possible. If your coin is actively sought after by traders, you don’t need to talk to exchanges. As I always say, work on your project, not the exchanges." #BTC2
TST got listed on Binance. A few thoughts:
1. CZ said “fundamentals”, then talks about a test coin turned meme coin.
I posted to clarify that TST was NOT endorsed by me/us. It was just a test token used in a video tutorial. But every clarification post just made it more viral for whatever reason. 😂
2. Is CZ shifting away from fundamentals? No. I am a builder. I always focus on fundamentals.
3. Is CZ “into” meme coins now? It depends on your definition of “into,” I haven’t bought a single meme coin so far.
4. Then, is CZ against meme coins? No. Not “into” something doesn’t mean I am against it. I am not into sports cars; I don’t collect art; I haven’t bought any NFTs; I also haven’t bought most altcoins (I hold BTC and BNB). But I am not against any of the above. And I think most of you’d agree, that I have worked hard and "gone to some lengths" to help many altcoins and the crypto industry in general. I adopt the same view towards meme coins.
5. Why did TST get listed on Binance? I don’t know for sure. I am entirely NOT involved in their listing process. Based on historical experience, people always complain, “Why do you list this but not the coin I hold?” You might not like to hear this, but the truth is: exchanges must compete to list popular coins (with trading volume) as early as possible. If your coin is actively sought after by traders, you don’t need to talk to exchanges. As I always say, work on your project, not the exchanges.
6. Why do people buy memes instead of utility tokens? I don’t know, but I will go on a limb and make a few speculations (pun intended).
6.1 During the last four years, a powerful regulatory agency sued almost anyone with any utility token, falsely claiming they are securities. So, people started to launch memes.
6.2 There are groups of traders known as speculators. Things with clear tangible value are harder to speculate on. They stay around the clear value. This is indeed a challenge for RWA. For example, a building whose value doesn’t fluctuate much may not have a lot of trading activity. Then, it won’t have much liquidity, and the order book becomes thin, then even less trading activity, a vicious cycle.
6.3 Memes are fun, etc. It’s a cultural thing. I am not an expert in this area. There are plenty of die-hard defenders of memes. Don’t go against the community.
7. Lastly, it’s clear there are lots of money ready to invest in the market. Lots of opportunities. You need to build things people want.
Happy building and happy memeing! And manage your risks. 🫡
2/2: As a part of it, the transactions history list of all 0 BTC2 balance web wallet accounts were purged and if you have such a 0 balance address created before Jan 3 2025, you should just create a new account instead of starting to use it.
@brian_armstrong Highly doubt you could buy anywhere near $73 worth of goods with that old $100 today as that much inflation has happened since the pandemic started. It might be accurate if you're only considering the goods that have lower than average inflation.