How exactly does the Staking work and do you need to keep the wallet open constantly to get your share? Or can you just open the wallet every now and then and let it update to "your stake"? Is it better to keep it open constantly or it doesn't matter?
You need to keep your wallet open and unlocked to receive compound interest, if you open it just rarely you will get your 1% yearly interest on coins not moved for 8 hours as your stash will have gained "weight" during that time, but you won't benefit from compound interest. Staking earns you money and helps secure the network but I personally would not do it on a Windows platform, but it's just me, I keep my wallets strictly linux, compiled from source. If you keep your wallet open 24/7, you'll get roughly 1.01%. Can anyone confirm you actually have to open your wallet and receive the BC before staking starts? Or does it happen automatically as soon as someone send you BC? You need to open and unlock, the little arrow bottom right reports the current staking status, if it's open but locked says "not staking" or something similar. Yes, I know about this. For example, let's say I had 10K in my wallet and then someone sent me 10K BC. I didn't open my BC wallet for 1 year to confirm that transaction. After 1 year, I open it would I get 1% of my 10K or 1% of my 20K? |
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How exactly does the Staking work and do you need to keep the wallet open constantly to get your share? Or can you just open the wallet every now and then and let it update to "your stake"? Is it better to keep it open constantly or it doesn't matter?
You need to keep your wallet open and unlocked to receive compound interest, if you open it just rarely you will get your 1% yearly interest on coins not moved for 8 hours as your stash will have gained "weight" during that time, but you won't benefit from compound interest. Staking earns you money and helps secure the network but I personally would not do it on a Windows platform, but it's just me, I keep my wallets strictly linux, compiled from source. If you keep your wallet open 24/7, you'll get roughly 1.01%. Can anyone confirm you actually have to open your wallet and confirm the BC before staking starts? Or does it happen automatically as soon as someone send you BC? |
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This is one ride. I realize people are trying to get their profits now, but they do not realize USA is not up yet. When USA wakes up BC MIGHT go to 17000 today because there is very little resistance.
I wanted to say "You were right." I doubted you when you said that those huge Sell Walls or something was holding us back from crossing 10K and something was going on. Well this proves it.  |
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WE MUST GET ON BTC-E! We deserve it.
I think other exchanges have definitely taken notice. |
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That guy who bought 75 BTC up to 10,000 when the market wasn't moving - Such foresight.  He waited till it was a weekend night in the US and around 12AM EST to start. Far less resistance to raise prices. If I knew we were going to reach 14,000, I would have taken a loan and bought it all out. And down we go!!!! |
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We're approaching this Quark crypto at #11.... what the hell is that?
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IconicExplorer's Wall street investors?  14,500! |
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Is it a good idea to leave your wallet unencrypted connected to the Internet for PoS? It just seems safer to rather keep wallets encrypted or offline. Wouldnt the coins in the open wallets be targets for hackers? or am I missing something?
You can keep it offline just need to connect it once a year to get your 1% :p. But then you're missing out on that 1% of your 1% which could end up being a lot of money one day! |
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These are high quality, custom branded, and you are forgetting the free shipping worldwide. You are not thinking about the customer support infrastructure needed to support the product. The shoes on your feet cost $4.00 to make in China, but it is sold at $80+.... zeta93 - You do know that since these are Limited Edition, you'll be able to sell these for way more than $20 after the first printing. Look at Casacius Coins for example. Given how well Blackcoin is doing right now - Come on! You are being ridiculous! |
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Just put this on my facebook: ''I will only say this once here. If you missed your chance to get rich on Apple, Google, Microsoft stocks. Or you did not buy bitcoins below a dollar. Now is your chance on 100% gauranteed 2000% return of investment. '' And then I posted yahoos press release. They do really help iconic  Nothing is 100% guaranteed. They'll just think this is some ponzi if you write it like that. |
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#12 $ 3,788,313 $ 0.050847 74,504,184 BC* $ 200,298 +34.08 %
Past Primecoin and Zetacoin
Everytime you mint 0.2 BC you're getting a whole USD penny! Unbelievable! Your wallet is minting USD pennies! lol
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That guy who bought 75 BTC up to 10,000 when the market wasn't moving - Such foresight. |
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12000 sats!!! Still going up! |
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Hmmm... Hate to say it, but can someone dump? I uh... didn't buy enough in 9000 sats.  |
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Lovely punch through vertcoin and feathercoin market cap putting us in sweet 16th.
Don't fight the trend wannabe traders, but I do love seeing you get burned on the short side..
#14 here and is this our highest market cap ever? |
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This is extraordinary. We were sitting here for the last 24 hours with not much volume. Everyone content at 9300 to 9700. Now at 10500 to 11000, we are bustling with activity!
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10990!!! Word of warning - Be very careful on your Buy and Sell orders. Very easy to get 1 decimal off. Now that we're teetering before 4 and 5 digits. Wow I thought for sure we'd never stay above 10,000!??? But this is starting to become a reality. I'm the only one here... for all this action? I am here too :p. I sold at 10.000 . WHAT? You were keeping us from 10,000?  You can repent right now by buying back!  |
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