Self Sustaining Currency Ecosystem? What do we mean by that? Lets first take a look at 2 examples of currency and they being Fiat Currency and Crypto Currency Fiat Currency Fiat Currency is what we all use now in the form of USD, CAD, AUD, Euro and so on and they are currencies issued out by Countries, managed by Countries …
The Jokes on Bitcoin users - Its not right!
When we first started with Rimbit, we did so because we knew that mining was exploiting a function of Bitcoins distribution method that required a person to mine coins and as it became more difficult, more expensive hardware would need to be purchased to perform this “only” function. We also knew that at some stage that the amount of hardware …
Rimbit will be the next big thing
Rimbit is a lot like Apple as it does things differently and it has attracted some heavy hitting haters simply because it turns the industry upside down – but for the better! Crypto Currencies are all essentially the same as they use a peer network to verify and confirm transactions, or so they say, but the reality is completely different …
4 Millionaires when Rimbit hits $1 dollar
4 people will become instant millionaires when Rimbit hits the $1 dollar mark and another 23 millionaires will arrive at the $10 dollar mark and we cant wait to see what fantastic toys some of them will be buying. Im sure that some will be moving into new homes and some will be paying off mortgages, but of course that …
True Potential value of ANY Digital Currency
In an earlier post I described an idea that if all Fiat Currency was border-less, then fluctuations would not be as drastic. Relating this to Digital Currency is even easier as the currency model has by nature, been coded to be border-less, meaning that 1 coin in Timbuktu has the same value in New York, with the exception being the …
Fiat Currency - What is possible?
It seems that every month a Fiat Currency is undergoing some problem. No matter what the issue is with the particular currency, its issues do create a ripple effect that touches other currencies in some way or another and that is a part symptom of the centralization of all currencies and their status in the community. So why do currencies …
New Custom PC Giveaway - The Hunt is ON!
Its time to acknowledge the people who have contributed to the campaigns we run on Indiegogo, our forum and of course this main website, by putting in place Giveaway Milestones at certain levels throughout the campaign’s life! So starting today, we will assign 1 point per every dollar spent on a contribution, whether purchased on Indiegogo, our forum or on …
Mining is hindering Crypto - Luckily Rimbit solved that issue
As time goes on, there are people who look past the enormous contributions that Bitcoin and other Altcoins have made for society. Instead of looking at the nickle and dime aspect (which is in the hundreds of dollars for some coins), there is a growing focus of the centralized part of these coins which is essentially the only way they …
Tutorial - Downloading and Installing a Rimbit Wallet
In this tutorial we go through the basic steps of downloading and installing a Rimbit Wallet on a PC. To Download the wallet, visit www.rimbitforum.com and click on the Downloads section, then click on Wallets Once you have chosen the wallet for your OS, install and run the wallet. You AV software, may treat Rimbit as a virus and if …
Bittrex - What about listing Rimbit?
In a valiant attempt at getting Rimbit listed on one of the bigger exchanges, I decided to contact their support team directly, so I would know if we are merely being dismissed. We do realize that we are a threat to established Crypto Currency, as our model has removed mining from the equation, and we understand that can be very …
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