Bitgesell

Bitgesell Data from BITGESELL Explorer Bitaps 5th October 2023 Max supply : 21.000.000 BGL Mining Started : 04/04/2020 Coins mined : 18.978.969 BGL BGL Percent mined : 90,3% per cent Coins burned : 1.036.030 (within the Blockchain) Null Adress : 132,883 BGL Total burned : 1,178,913 BGL Circulating supply : 17 800 056 BGL Coins left to mine : 2,021,031 BGL Blocks mined : 185 280 Blocks remains to mine : 24 720 Bitgesell Trasactions : 14.277.170 Reward per block till next halving : 25 BGL Tax & fees per Transaction .: 0.0001 BGL BGL Tx&Fees burned each transaction : 0.00009 BGL Number of transactions within the Bitgesell blockchain needed to burn 50% of circulating supply : 84,202,577,778 transactions BGL halvings finalized : 3 BGL halvings to accomplish : 31 Remaining days for the next halving : 171 End of Bitgesell mining : 2054 Source:  Bitgesell Bitaps Explorer Bitgesell Null Adres

Why isn't Bitgesell a Ponzi scheme? Bitgesell, like Bitcoin, is not considered a Ponzi scheme because it lacks the key characteristics of fraudulent investment schemes. Ponzi schemes typically promise high returns with little or no risk, using new investors funds to pay earlier investors. Here's the 24 reasons why Bitgesell can never be considered a ponzi scheme. 1. Decentralization Bitgesell operates on a decentralized network of nodes, meaning there is no central authority or entity controlling it. In contrast, Ponzi schemes are typically orchestrated by a central figure or organization. 2. Blockchain Technology Bitgesell transactions are recorded on a transparent and tamper-resistant public ledger called the blockchain, reducing the likelihood of hidden fraudulent activities, a feature absent in Ponzi schemes. 3. Limited Supply With a capped supply of 21 million coins, Bitgesell creates scarcity, potentially driving high demand. Ponzi schemes often promise unlimi

BITGESELL ERADICATES INFLATION "Inflation typically has an indirect impact on the prices of commodities like gold. As prices rise across the economy, investors may buy more gold and other precious metals to preserve the purchasing power of their dollars. In the first half of 2022, for instance, demand for gold increased 12% year over year." More info: Forbes article - Inflation Bitgesell Gold Money - Zero Inflation after 2054 To grasp the great potential of Bitgesell coin, every holder needs to understand these values. Bitgesell's annual mining percentage, until 21 million coins are mined, aligns with its inflation percentage. Similar to halving, inflation decreases by 50% every year, reaching less than 1% from 2030. As of January 19, 2024, with 96.23% of coins extracted, Bitgesell experiences inflation reducing by 50% annually, reaching 0% by 2054. Here are the detailed inflation numbers within the Bitgesell Network over the years. Bitgesell Percentage Inflat

Benefits of Bitgesell NFT Farm 01/14/2024 Bitgesell NFT Farm is a platform for mining WBGL-wrapped BEP20 tokens on the Binance network. WBGL tokens are issued by the developers of the cryptocurrency Bitgesell (announced by the community as the second and real Bitcoin) for transfer, trading and storage by users. The WBGL token is traded on some decentralized exchanges such as PancakeSwap and Uniswap. In this article, we will look at several advantages of the Bitgesell NFT farm. 1. Mining in Bitgesell NFT Farm is based on user ownership of unique NFTs from the Bitgesell Road collection, which is hosted on the well-known marketplace for NF tokens Rarible. The Bitgesell Road collection tokens are dedicated to past events in the Bitgesell project. Each of the 38 tokens in the collection has its own rarity rank: Common, Special, Rare, Unique and Legendary. 2. Bitgesell NFT Farm has a simple and intuitive interface. At the top of Your score, the user can enter his address where hi

ALEXEI NAVALNY WINS BGL POLL The russian lawyer and activist, Alexei Navalny, currently detained in Siberia, won 45% of the votes in a poll conducted by the Bitgesell Community on Telegram to reward arrested activists. The voting occurred from January 3rd to 7th, 2024, with the goal of recognizing global activists, whether currently detained or previously imprisoned for expressing their views. As a result, Alexei Navalny will receive a corresponding fraction of 1000 BGL coins, proportional to his vote percentage. The Bitgesell digital currency distribution for scrutinized activists is outlined below: 1. Alexei Navalny, Russia (45%) = 450 BGL Coins 2. Ilham Tohti, China (21%) = 210 BGL Coins 3. Raif Badawi, Saudi Arabia (17%) = 170 BGL Coins 4. Aung San Suu Kyi, Myanmar (14%) = 140 BGL Coins 5. Nasrin Sotoudeh, Iran (3%) = 30 BGL Coins Final Poll Results: Bitgesell, known as "true Digital Gold," is a digital currency evolved from Bitcoin, incorporating advanced enc

The Bitgesell Blockchain  KNOWLEDGE IS POWER Knowledge is often heralded as a source of empowerment, an undeniable force that propels individuals and societies forward. Bitgesell could help you to get it with a non brain system: just buy and hold!  In the dimension of finance and technology, a prime example of this axiom is the emergence of Bitcoin and its underlying technology, blockchain. Bitcoin, a decentralized digital currency, has disrupted traditional notions of currency and finance, proving that knowledge, when harnessed effectively, can redefine power dynamics. At the core of Bitcoin's innovation lies blockchain, a distributed ledger technology that ensures transparency, security and immutability of transactions. Understanding this technology sine cine qua non to unlocking the potential for financial independence and control over one's assets. With knowledge of blockchain, individuals gain insight into a revolutionary system that eliminates the need for intermediaries

Bitcoin & Bitgesell Next Halving In cryptography, especially in Proof of Work (PoW) based blockchain systems like Bitcoin or Bitgesell, halving refers to the reduction of mining rewards by half at predetermined intervals. In the case of BTC, this process occurs approximately every four years, decreasing the rate at which new cryptocurrency units are created. Meanwhile, BGL coin experiences halving every year. The goal is to control inflation, ensuring a capped and finite supply; both BTC and BGL have a maximum supply of 21 million coins. The most well-known example is Bitcoin's halving, which happens every 210,000 blocks, similar to Bitgesell Coin. This mechanism introduces scarcity over time, influencing the economic dynamics of the cryptocurrency and potentially impacting miners' incentives and network security. Bitgesell and Bitcoin will reach the same number of coins mined by April 2024. Bitgesell undergoes yearly halving until 2054, while Bitcoin experiences halving ev

  By Bitgesell Blogspot 13 Rules of Money If you aspire to become rich, whether through Bitcoin or Bitgesell, you need to take action. You must start now! It all depends on you. There are 13 Rules of Money that you need to keep in your mind 24 hours a day, 365 days per year, as your main mantra. 1. Pay yourself first Understanding the principles of financial success is essential in navigating the complex world of money. One key rule is to "Pay yourself first." This means setting aside a portion of your income before addressing other expenses. By prioritizing savings, you build a financial safety net and create a habit of responsible money management. 2. Learn how to invest Learning how to invest is rule number two. Diversifying investments, understanding risk and staying informed about market trends are essential components. In this landscape, Bitgesell coin stands out as a potential investment due to its unique features and long term profitability in the cryptocurrency marke

The First 100 Reasons To Buy Bitgesell Bitgesell was created in 2020 as a fork of Bitcoin, incorporating crucial improvements to Satoshi Nakamoto's code (Bitcoin) with the goal of becoming a more perfect and deflationary store of value than BTC. This is achieved through burning 90% of fees and tax transactions and implementing yearly halving until 2054. Bitgesell is what Bitcoin aspires to be. 1. Scarcity - With a capped supply of 21 million coins and 5.56% already burned, Bitgesell exhibits scarcity, potentially increasing its value. 2. Yearlt Halving:- Bitgesell experiences an annual halving until 2054, culminating in the end of mining, reducing the inflation rate and potentially boosting value. 3. Energy Efficiency - Utilizing the EcoBitgesell consensus algorithm Bitgesell promotes energy efficiency in its mining process, presenting a Block weight 10x smaller than Bitcoin, attracting environmentally conscious investors.  4. Decentralization - Bitgesell's decentralized nature

Bitgesell - Long Term Investment Journey of Individuality, Solid Decisions and Strategic Investment In the fast-paced world of cryptocurrency, Bitgesell emerges as a unique player, urging enthusiasts to forge their path rather than following the crowd blindly. This distinctive approach reflects the core philosophy: "Don't Follow The Crowd, Be Yourself." Essence of Success Individuality in the crypto space is often overshadowed by market trends and hype. Bitgesell encourages users to embrace their uniqueness, reminding them that the essence of success lies in charting one's course. This mantra extends beyond the crypto realm, advocating for a mindset that values personal convictions over external pressures. Bitgesell Confidence A cornerstone of the Bitgesell ethos is the belief that solid decisions shape resilient individuals. In a market known for its volatility, making informed choices becomes paramount. By adopting a strategy of meticulous decision-makin

Ten-Step Guide to Financial Success The Road to Millionaire Status with Bitgesell Becoming a millionaire is a goal many aspire to achieve and with the rise of innovative financial technologies like Bitgesell, opportunities abound for those willing to embark on a strategic and disciplined journey. In this guide, we'll explore 10 crucial steps that can pave the way to financial prosperity through Bitgesell. 1. Track Your Expenses Understanding where your money goes is the first step to financial success. Utilize budgeting tools or apps to meticulously track your expenses. By having a clear overview of your spending habits, you can identify areas where cutbacks can be made. 2. Cut Unnecessary Expenses Once you've tracked your expenses, identify and eliminate unnecessary costs. This might include subscription services you rarely use or daily luxuries that can be replaced with more cost-effective alternatives. Redirecting these funds towards savings or investments sets the stage for

  Bitgesell (BGL) The Decentralized Digital Currency Revolution Often referred to as the perfect son of Bitcoin, Bitgesell coin is beyond the Bitcoin as a groundbreaking digital currency that has transformed the way we think about money, scarcity and financial transactions. Created by an enigmatic individual or group of individuals using the pseudonym Emma Wu, Bitgesell was introduced to the world in 4.04.2020. Since then, it has captivated little by little the imagination of tech enthusiasts, investors and others pioneers members in socials networks. The Basics of Bitgesell At its core, Bitgesell is a form of digital currency designed to operate in a decentralized and peer-to-peer manner. Unlike traditional fiat currencies issued by governments and central banks, Bitgesell or Bitcoin are not controlled by any single entity or institution. Instead, they relies on a distributed ledger technology called blockchain to record and verify transactions. BGL Blockchain Technology The blockchai