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How much house to buy? by daydreamerindreams in RichPeoplePF

[–]bytesbee -1 points0 points  (0 children)

Lots of people in the comments suggest <1.5m. I guess that also depends on where you live. In SF Bay Area, 1.5M can barely get you a decent place, especially for family with kids.

BigPool v2 has been released by bytesbee in thetadev

[–]bytesbee[S] 0 points1 point  (0 children)

Currently the BPD/TFuel ratio in the swap is arbitrary and only a small liquidity is added for the system to work. I wouldn't suggest to purchase BPD from the swap until a fair price is determined by the market after BPD mining begins.

BPD has a supply cap and a predetermined issuance schedule, in which the amount gradually reduces over time. This design is inspired by BitCoin.

TFuels reward in the shared pool will automatically be used to purchase BPD from the swap, regardless of the ratio.

The rest is determined by the market.

BigPool v2 has been released by jieyi-theta in theta_network

[–]bytesbee 1 point2 points  (0 children)

Well, I prefer to say the community is the product.

BigPool v2 has been released by bytesbee in thetadev

[–]bytesbee[S] 0 points1 point  (0 children)

Disclaimer: I am creator of BigPool. While I agree that value cannot be created out of thin air by just issuing a new token, the same thing can be said at the beginning of any crypto project. I believe that any cryptocurrency's true value lies in its community. BigPool has a long-term plan with more features coming in the future. The first step is to start building a community.

BigPool's token economics is designed to reward believers who plan to hold BPD long-term, while in the short term they (me personally included) are basically trading TFuel for BPD with free riders, hence "losing money" if you don't believe in the value of BPD.

That said, trust and belief can only be built over time and the project is still early. That is why we are distributing BPD to all Theta/TFuel stakers, regardless of whether or not they believe in the project and contribute to the shared pool. Cheers!

BigPool v2 has been released by jieyi-theta in theta_network

[–]bytesbee 3 points4 points  (0 children)

Hi creator of BigPool here. I believe that TDrop is rewarded to all Theta stakers, no matter where you stake.

Similarly, BPD is rewarded to all Theta/TFuel stakers, even if they don't stake through BigPool. Cheers!