We are pleased to announce our next AMA on January 28th 2021 at 04:00 PM UTC Time: Satoshi Club x BTC Circuit Breaker
⚠️Click to see the hour
⚠️Total Reward pool: $750
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join BTC Circuit Breaker Telegram group
We will have the following structure:
Part 1: 150$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 150$/10 users – Open chat for 100 seconds. You can post Max 3 questions. BTC Circuit Breaker Team will select 10 questions and answer them.
Part 3: 450$ – A quiz about BTC Circuit Breaker
For more details:
BTC Circuit Breaker – @btccbchat
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
You have already been audited, how was that? What are the short-term goals? What can you tell us about your Marketing plan to stay stable in the community?
The last page of your whitepaper reads: “Protocol is in the alpha-testing phase, use at your own risk”. Andre Conje of YFI did similar thing when he launch his second project, EMINENCE, on Etherium. However, on Sept 28, 2020, all the $15 million deposited in the contracts were exploited by hackers causing great loss to early adopters. Don’t you think it is a bit hasty to launch your full project when it is not fully tested?As a protocol that intend to help manage price volatility risk, how do you intend to help user manage a more riskier matter(security risk) that may arise from using a protocol? Do you have any plan for security certification of your contracts and when will your protocol be safe for full-scale investment by your users?
Can you explain on layman’s terms for novice investors that are not really knowledgeable with protocols like Circuit Breaker, on how can they actually make profit with the help of your platform. What coins are they needed to hold and where to store it? Can you give an example of similar projects and your advantage over them?
Bitcoin Circuit Breaker will bring all BTCCB tokens to market so there will be no whitelisting or pre-sale according to your whitepaper. Is the decision still stands or already change. If this is still the plan, how many of the total supply will be added in Uniswap and have you decided the listing price?
What do i need to do for being part of the btccb system?
Do Circuit Breaker platform already have partnership ongoing or having negotiations for cooperation from other projects?
BTCCB is an emotional token that can hedge against market correction by self locking itself fron trading when BTC price drops below 1% within an hour with trading resuming as soon as there is 0.3% growth. Apart from BTC price movement, what other Oracle data indices are included in this AI self lock Algorithm and how are they integrated? Also, won’t this be frustrating to a trader who needs to make an important urgent trade and not a panic sale during the bearish market only to discover his BTCCB asset has self locked from trading especially if such a bearish trend continue for a longer period? Are there exceptions where a trader can still send his asset even during downward market trend?
According to your whitepaper, there will be No whitelist, No presale, All tokens will be taken to market and Strong hands will buy first. With strong hands buying first, won’t this open up your token to be accumulated by a few privileged whales who may take advantage of this approach so they can have a higher influence on BTCCB in exchanges, governance and token pricing? Are there consideration for the not-too-strong hands who may not be able to compete with large investors? For example, some projects have a mechanism that rewards token holders for ever buy and sell order that takes place on the contracts and liquidity gets added for every sell executed which can help to absorb the effects of a large sale on the price. Are there provision in your system to counter whale attack?
How is the price correlation of BTC and BTCCB? What happens when whales hoarding BTCCB tokens and manipulating project? Is the automatically self-locking token mechanism still effective in this case?
I want to learn and understand more about $BINGO FINANCE PROJECT but the information is limited , the community is relatively Seems not filled and less(ONLY 1K), what strategy does $BINGO FINANCE PROJECT team have to develop the community and maintain long-term user ?
There are so many projects that only exist for a moment “die on the road, traumatizing investors with new projects”. My Question, How can the $BINGO FINANCE PROJECT survive, continue to grow & in what ways do you convince investors that this project is very promising?
Can you tell us that which technology helps Binggo Finance
to automaticallyy farms the highest yield available from the newest DeFi protocols?? How this technology works?? Please tell us sir
Bringing all your supply into the market at once is a bit risky, let’s assume there is a great dump, do you have any strategic plan to revive it and also how effective do you think the staking will be? Hope it won’t be loss to all investors if your liquidity runs dry as I see you don’t have funds for the project.
You said on your whitepaper that there will be no whitelisting or pre-sale. Strong hands will buy first. What do you mean with strong hands? And why did you decide to have no whitelisting or pre-sale? Don’t you think is a little risky not having them?
BTC Circuit Breaker will work with Oracles, that in the past there has been cases were they were vulnerable and failed. How are you preventing this to happen to BTC Oracles to provide your users the experience you promised them?
It caught my attention that only 13% of your tokenomcs is destined to your Ecosystem. Why did you designated that amount to the development of your ecosystem when absolutely all the magic of BTC Circuit Breaker depends from it?
question:
Stopping investors to “panic sell” needs or requires ACCURACY.so, How accurate is your Platform like Bitcoin Circuit BReaker to prevent t
a panic selling?
question:
SELLING at a LOSS is a common practice to Traders specially in the crypto industry.What particular methods does Bitcoin Circuit Breaker to prevent or at least, minimize the losses?
BTCCB token is associated with hourly movements in the price of BTC.In your White paper I found a statement that it will be the first token in the ecosystem. So, my question is – which cryptocurrencies will the rest of tokens assosiated with? What terms did you established for your ecosystem development?
I can’t find anything about Bitcoin Circuit Breaker team. Does it mean that we face with anonymous team? If, yes, do you understand that this will scare a part of potential investors?
You are partially attached to the Fear and Greed Index and often appeal to the emotional state of market participants, but do they fully reflect the state of the market? Most trades are automated now, and bots only understand commands and have no fear or greed. So what other metrics affect the price of a BTCCB token and what oracles will you use?
Volatility is a feature of cryptocurrency markets that’s why Bitcoin Circuit Breaker will allow market participants to curb the volatility of the cryptocurrency market & provide an effective tool for hedging risks. Among these are Token burning and elastic token supply. So what is this elastic supply all about, im not familiar with it & how does it works?
Circuit Breaker is a mechanism for panic sales prevention & your token makes trading conditions fairer for all system participants. So why BTC Oracle gives a signal to the Circuit Breaker to halt trading when the market goes down? And this, what do you mean by “nobody is going to sell, while bags of others go down”?
‘‘Team’s tokens share lock and liquidity lockup on Uniswap’’ is the team important decision in order to increase the confidence and honesty of the project in front of the community. So why the team announced it & what it’s purpose?
Please tell me, what is your algorithm based on and how accurate is the analysis ? Do you use the external services Santiment, Glassnode and their historical data of different indicators, maybe you have yourself historical research of cryptomarket? I ask this because I want to understand how successful or unprofitable my trust and investment in your project will be?
$BTCCB is not suffering from dumps, it has self-locking mechanism. So how is this self lock work in your automated trading system? Is this one of your special feature?
In your whitepaper said Bitcoin Circuit Breaker token is an insurance mechanism against market correction. Can you describe what kind mechanism that BTCCB have to prevented user from loss? How does it work?
Im really curious with staking program that BTC Circuit Breaker have, please tell me what reward we get and how much APY for staking in BTCCB? Is there any minimum nominal to stake ?
BTC Oracle gives a signal to the Circuit Breaker to halt trading when the market goes down?
How is this technically arranged and what should I do, as a seller, in order to use the Circuit Breaker?
When you’re telling that high volatility is a problem for cryptocurrency markets don’t you think that you offer us to sit in a quiet place holding a BTCCB while elsewhere we can get 100-1000% profit? In other words – is it possible with your algorithm that $BTCCB price can make x100?
Can you tell us more about Web3 wallet for Bitcoin Circuit Breaker? When it will be available?What makes it unique? Which features it will have?
As i see you are planning to discuss ecosystem development on the forum. Which forum it will be? Does it mean that you plan to create your own forum? Why you need additional place for communication? As i know most cryptoprojects forums are empty and deserted, how do you plan to crowd it?
In the end of Bitcoin Circuit Breaker’s White Paper there’s a statement ‘Protocol is in the alpha-test stage. Use at your own risk.’ Can you tell when it won’t be risky to use it?
I was able to read part of the history of how this project was born but there’s not information at all about the founder team, are you anonymous? How do you transmit confiability to the investors?
Would algorithm automation from BTC Circuit Breaker help to overcome the emotional shortcoming in trading?
Your are encouraging the community to hold $BTCCB in all over your social media, can you explain to us why is it advantageous in the long term?
What are your plans for future investment? If you were to be more successful than you anticipated, how would you meet your expansion costs?
All BTCCB tokens will be released to the market without whitelisting or presales. The announcement will be 3 hours after listing on Uniswap. Does this mean absolutely anyone can buy BTCCB? Do you introduce any restrictions on the number of token purchases: are there minimum and maximum?
You say that you work closely with the community and listen to their opinions. What are you doing to develop the community and increase the number of your users? Indeed, at the moment there are 53 subscribers on Twitter, 3 in Medium, the channel in Discord cannot be opened using the link that is on your website. Maybe you cover your project in some other social networks?
I have gone through the white paper multiple times. Seems like good& innovative idea. But can you tell more about Circuit breaker mechanism in simple way?
Your project is in its initial phase.what about your short term goals? Does it include partnership with any other Projects?
Q. ️️️❇️
What is the plan to ensure sufficient liquidity on exchanges to fill market orders, especially as adoption increases and clients begin multiplying year-over-year for your project?
Circuit Breaker is a mechanism for panic sales prevention, so how do you spread awareness to token holders about upcoming market crash so nobody is going to sell? Does your system can also predict whether the market is only a normal correction or a long bearish trend?
I understand correctly that you have not just released a token for sale, but are engaged in real analysis of big-data. If your developments can be used by oracles, will it be a separate service for providing analytical data that can be sold for BTCCB? This can be increasing the demand and value of the token.
Please tell me, you have experience and information about the market for 10 years, are well versed in big-data. Why can’t you apply this array of knowledge and experience in creating tokens that will consist of a basket of BTC\USDT, ETH\USDT, or e.t.c., the value of which will be pumped up by selling BTC to USDT when falling and back from USDT to BTC when growing. Thus, each time buying off more BTC, ETH, etc. at the bottom, this will increase the index of the token.
Do you plan any form of governance?
What is means of red line shows?