RE: How to earn FREE Bitcoin MYK !
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We're glad to see the community taking notice of us. We're a very passionate and optimistic community about the future of cryptocurrency and we'd love to earn the trust of the community. We have created this product out of passion and it runs on a freemium service model. I know alot of people may be confused about what that means. We'd like you all to come over and try us free and let us share with you what that means. In this way if you don't like the product the risk are on us.. We'd have it no other way.
If you find you love the product as much as we do. Then we're happy to offer you something we all have here at bitcoin myk. We wish you good fortune in what we believe to be a bright cryptocurrency future.
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I was around back in the days of 100 MYK tokens in the wallets,
no airdrops but free for the asking! That was a smart move, the
people who would ASK had a definite interest and less likely to DUMP.
Now the BBD (Bitcoin-Mykos Backed Dollars) are showing a true value
and GROWTH from that starting point. Also not an "airdrop" but a user
can get one for asking, and watch it GROW.
Great job so far, Brother!
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Looks interesting. If nothing else, I applaud your efforts and your passion, and will check it out. And thanks to @trumpman for pointing this out to we who probably would have never otherwise heard of BitcoinMYK.
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So what's the product if you would like to describe it briefly here?
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Hi we'd love to give you a brief explanation. So Bitcoin MYK can be classed as a Universal Bridge Cryptocurrency Sidechain Deflationary coin that offers UBI every month in the form of a dividend. I know that's a mouthful lol. So one issue is if i wanna move my cryptocurrencies from blockchain to blockchain. It often times requires i sell it against some base pair i then will move that crypto to an exchange but not necessarily another blockchain.
Our project allows that. So if you hold bitcoin we also inherit the bitcoin ledger. So using this method if you wanted to move your bitcoin value free you could do so simply by claiming free your btc on bitcoin myk without spending one dime. The project also simulates the halving. So the supply reduces and although we dont have a philosophy about why the halving happens anymore than bitcoin. We can comment that some people believe that was put in by Satoshi to cause the price of bitcoin to move up. Whether or not that's true we can't comment. We can only suggest that it seemingly works.
The ubi is paid out in our mobile wallet automatically a free dividend of the bitcoin holders unclaimed coins. We believe ubi to be a mass adoption vehicle. To date without one dime spent on marketing we have generated over 7200 low level kyc accounts and hold over 14,000 accounts over exchanges.
I think comparably the best way to think of Bitcoin MYK would encompass the idea of 3 coins. I would first compare us to tether. I'd remark that a better audit version than tether in that our method of valuation is based on accounts and not the usd. So alot easier to value and audit us than tether. I'd next say the robustness and micro transaction capability of doge coin. Although doge coin doesn't offern dividends free each month. Lastly i'd say similar to bomb token. In that transactions are rleational to the supply. Transactions trigger token burns.
Due to the fact alot of our value is determinable based on accounts and what we call (POP) or Proof of Participation model. It was also important to incorporate a social media site you can earn on. Unfortunately the explanation wasn't brief but i hope at the very least we've been able to shed some light on what we are
This post has earned 100 btcmyk
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Thanks for this insight. Yes, it was not very clear to me but it helped me to understand the basic functioning and vision of your project. I dunno how it's all possible with a single sidechain ...guess, I'd need to look into your white paper.
and hey, thanks for the gift!😍
It would not be possible on a single side chain. We have our own blockchain and we use several blockchains spread out with the same supply. So for example if you sent a coin from hive or steem it would burn the token here and repopulate it on say ethereum.. or bitcoin cash.
We have our own chain on polkadot which you'd have the same situation. In order to facilitate a project of this scale and magnitude yes you'd need to be able to use several chains so you don't get congestion such as with ethereum. In idea everyone would just use bitcoin myk in their perspective communities. However of course the system allows for moving from chain to chain. Scaling and avoiding congestion would seemingly be possible simply because everyone would be on different blockchains with the same btcmyk value.
For us a btcmyk is equal to a btcmyk no matter what chain its own or what price it quotes. Even within our internal markets people can take btcmyk coins and purchase ad space on our network similar to bat tokens. So they have an independent universal market value as well as the value over the exchanges on other chains.
Yes we'll get you the white paper all users get the btcmyk coin free who hold btc. You could in retrospect just buy btc you don't have to buy btcmyk. If you kept buying btc then you could claim btcmyk free. The reasoning is the btc network is more useful than the speculative price of btc. So we're more interested in the network than the coin price. Also we believe btc users will realize the mass of btc is becoming harder to trade in. For example even now in order for btc to 2x it would need to be well over $40k. That's alot of money. Bitcoin MYK inheriting the btc ledger would mean to 2x we'd only need to go to just under a penny to about 2 cents. Not saying thats easy to do but in comparison to btc it may be. Also micro transactions.. speed and global remittance is far more likely on btcmyk and not bitcoin. We hope that sheds some light on the project.https://www.bitcoinmyk.com/white-paper/
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