Giving Crypto Currency to the Community

Our RBT Shop now accepts Bitcoin, Litecoin and Dogecoin

As we aim to get as much RBT out of the main wallet and into peoples hands, we decided that its also a great idea to offer more than just Bitcoin, as people maybe holding more than just the king of the coins. Its all about distribution now as we would like to start the…

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Expediting the Emptying of the Main Wallet

Along with our weekly uploads on exchanges for the benefit of traders, we have now created a SHOP and selling a percentage of the main wallet at the amount of 1 million Rimbit for $xxx USD to expedite the emptying of the main wallet. We hope this will be treated as a sign that we…

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So, ASICs now thought of as Centralization – We told you so

When we first came up with the idea of a minerless coin, we knew at some stage that we would be proven right in our assumptions. We also knew that it had to be sold and not given away, so it has some value in exchanging it and sure enough, we where crucified by those…

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Emptying out the Rimbit Wallet for good

As many people know, we have been giving away Rimbit on Cryptopia twice a day, every day, to people who are on that exchange and we do it via TIPS which you can see when in Cryptopia Chat. But its a slow process and we just need to find something else. So, we believe a…

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Altcoins to go up in Value when Bitcoin settles

Over the past few weeks, the Internet has been buzzing about the Bitcoin value and asking the question, why are the Altcoins not riding the wave? If XCoin is valued at say 0.005 BTC, then as Bitcoin rises, then it is assumed that the value of XCoin would increase as well for the USD value.…

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Will you be holding the right #Crypto when the time comes

For many decades the internal combustion engine cars ruled the world, with no end in sight as cars continued to get more advanced and more efficiency was then the main goal as resources continued to dwindle down that where the only reason these cars could ever exist. However, many people dont know but some of…

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What Crypto is less like Fiat and more like a Global Currency

Crypto is in my opinion, the breakaway system that removes the federal reserve (for the USA) and other banking institutions from interfering with Crypto Currency, so it can be used globally without restrictions and more importantly control. But Crypto has not met that challenge as it resembles the controlling interest of those in power and…

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Why All Coins Can Fail on the Blockchain and stop being Trade-able

Altcoins come blazing in, getting mined to the hilt and traded like mad on exchanges and then simply fizzle out and soon, no longer able to be traded as their system collapses. The reason this happens is that all coins rely on the capabilities of users to mine coins, which during their process, also is…

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Imagine – No Bank Account, no Crypto wallet and you can still buy

When we shop online, shop at the store, we can do it without handing over any FIAT currency and instead use our Credit Cards or even our Bitcoin wallets if we have some. But is that enough? Why do we have to be tied down to a Bank that “grants” us a Credit Card or…

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Blockchain and the User as the Storage Wallet – Rimbits next move

We have been out of the scene for close to 12 months and during that time we have been doing more brainstorming into the Crypto Universe. We started off by creating a coin that doesnt need mining and can survive simply via users wallets staking and its proved itself by being attacked left, right and…

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