Any clues who has such a hate on for TEK?
huh? Sales by the thousands, pricing like a meteorite. And, your point is...? Simple english man. I asked a question. That is kind of the opposite of making a point, no? What you've done is insult the TEKheads about the fact that their coin is falling in value. It doesn't matter if you are sitting on TEK and are also in a BTC + fiat loss yourself. You're supposed to ignore that and hodl till 1 sat. Didn't you know you're not allowed to question this or any other coin's price movements  This is about the longest downtrend in a while, but I think it will rebound. It always has before. There's a High POS trend right now, so lots of people are jumping on other bandwagons. With few exceptions, they won't be around long, and TEK will be. So it will rebound. |
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I like bacon.
If you don't like bacon, you're wrong! |
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@ Biomech
With the low marketcap lately I was looking for some good news...
To your knowledge is there a new client being worked on and are any new features being considered?
When would you predict TEK to make a significant gain?
Thanks for you're dedication to this coin, I always enjoy reading your comments.
At the moment, I don't know. I know that Thundertoe has been looking in to getting some dev help to revamp the wallet, and I'm hoping I have some input on that when it happens, but I don't know where it's at right now. I do know that the intent is to be slow and careful so as to avoid a repeat of the last debacle |
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Any clues who has such a hate on for TEK?
huh? |
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I'm unsure as to where things stand with the block splitting and I know it's being worked on. I had a ~4k block stake that did not split. This happened right after I went to sleep so the first thing I did this morning was split it and lose a bit of age. Not a big deal but it got me thinking. Would it be possible to make it so that one could select whether or not a block will split after minting before it mints?
Last I heard, the splitting mechanism is not working as expected. Presstab is working on it. since his method of working on things generally means more bells and whistles, I'm happily waiting  |
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Is it a possibility to get a wallet setup that can be run from a Raspi??  Should be. Try the instructions for the HYP wallet and see if it works. TEK's is a little bit smaller at compile, so I'd think it would work. Don't have one to test the theory |
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<kliown> david give me loann
<kliown> :3 Since I cannot reach kliown in any other way (not on IRC now, no known BCT account, this is a warning for all: don't beg or you will be delisted. The only reason why I did not delist kliown right away is possible confusion in previous exchanges (partly du to a bad English level). Did it again so delisted. <kliown> davidd loanns Damn. Begging was gonna be my next step! (I kid, David. I'm good) |
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You legitimize the system of control that you say you don't like,
Such is your claim. Now substantiate it. That's what I did... If a group calling itself the mafia told you that you have to choose one gang or another and they held "elections", would you feel that by participating in their sham you are somehow contributing to positive change, just a little bit? The act of participating is what creates the illusion of legitimacy. You consider that as substantiating your claim? Good thing you're not a lawyer. Firstly, it is merely an unsupported assertion. Secondly, an 'illusion' says more about the party whom is looking upon the situation than it says about the party being observed. All you are substantiating here is that your ability to reason has been overridden by your preconceived biases. I take the same position as btcusury, as you already know, and I have to agree with your assessment. Btcusury, and anyone else debating something of substance, I highly recommend the following site: Logical Fallacies and the Art of Debate . It will sharpen your wit, and help you to avoid obvious fallacies (or at least construct them in such a way as to entrap the unwary, such as strawmen). In the past, I did find references where it had been determined that participating in an elective system binds you to the outcome regardless of whether you agree to it. My time has been severely truncated for the time being, so I cannot make that argument with reference at this time. I'll find my old sources eventually. However, as my basal argument, I would have to say that by participating in the system, you at least agree that it has utility, and that it's outcome is influenced by your desires. Would you agree thus far? |
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I have noticed it has become more easier to wait for low diff of 0.000061. Do you mean that HYP network (around 2.1) is THREE HUNDRED THOUSAND TIMES more secure than TEK's? No. Because TEK is a hybrid and HYP is a pure POS coin. They don't really directly compare in security. The POW network difficulty... welll, I'll just pull the json. { "proof-of-work" : 237857.13633377, "proof-of-stake" : 0.00006450, "search-interval" : 1 } As you know, I'm heavily into both of these coins, and I'm not going to badmouth either one. Honest comparisons are good, but on this one it's apples and oranges. I think HYP is the best secured and best functioning pure High PoS coin, but it's security is actually several orders of magnitude lower than TEK from a purely technical standpoint. Granted, it's harder to mount a 51% attack on HYP or any PoS coin that it would be on a pure PoW coin. But hybrids are the most secure of all, AND continue to function if something goes wrong with one of the proofs of work. Both coins have strong merits and some problems. I have a strong position in both, and I consider them both worthy of it. Thank for this detailled reply. Sorry guys did not notice your posts. It was indeed TEK's luck of being a hybrid when we had the forking problem, while POS was "broken" could not handle the sudden surge of stacks staking, POW kept the chain alive. And thanks Bio for the additional info. The way I understand POS the TEK way and POS the HYP they are very different. Anti inflation control measures are completely different and can not be compared. Both having their plus and minus points depending on personal preference one might prefer only one of those. I prefer both because of the diff POS schemes, both are additions to each other as such. Or is it they complement each other ? Besides from the obvious advantages of diversifying. The coins are quite different. What I like about both is defined by those differences. HYP stakes quite quickly. On average it will stake three times for every one that TEK stakes. But TEK stakes much easier (at least so far). One TEK will stake fairly quickly. One HYP takes a LONG time. Inflation control is radically different and has been demonstrated to work in both coins. HYP doesn't change the interest rate in the code, but it has the max subsidy at 1K HYP. There's no max subsidy in TEK, but if you hit when the diffculty is wrong, the code inherited from Novacoin lowers the rate of stake, and it can be substantial if the network difficulty is high. You retain control in both cases, as you can simply lock your wallet until you're confident the time in right. Presstab thought his scheme was better than NVCS. I'm not convinced. I think it's different, and effective, but I think both systems have merit. I believe the coins complement each other. I'm not a believer in putting all my eggs in one basket. TEK is at a pretty low exchange rate right now, so I'm going to try to acquire more. I've gotten almost to my goal on HYP, and I'm behind on TEK, so that's where my next purchases will be. Hopefully the price stays down for a few days while I acquire some bitcoin My third coin is HBN, and I am ahead of TEK in my holdings there, so I'm staking it for a while while I build up TEK. Then HBN will be the target. |
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Guys, I might have this wrong, but wasn't it that posting addy's on the threads was forbidden and would easily cause a thread to be locked down? I don't recall where the rule was posted, but just raising the concern that we might need to switch to PMs or some other method when communicating addresses. Happy Staking!  You're correct. It's just that enforcement is arbitrary, capricious, and subject to bribery. Press, have you paid the bribes? (I kid, I think.) |
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What I wrote was simply an explanation how HYP pos scheme works and what the effect of it will have on staking/reward in the near future.
As posted earlier, comparing POS with POW, right now we are in stage 1, meaning max rewards.
So most of us are currently in the clear as such and we do pretty much the same thing I guess, increasing stack size and adding stacks, until an optimum has been reached.
So far I only had 1 stack being capped, a stack that got stuck, just as others have stacks that are stuck at times.
Reason is of course randomness.
I think it was Bio who compared this process of optimising with gardening.
In line with this happy gardening and don't forget to talk to your plants !
It wasn't me, but it is a good analogy I actually have had no blocks that weren't off line for a while hit max subsidy, though my latest was very close. But it was also a 5K block. But once it goes there, for the majority of us, things will get interesting |
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I'm not sure why someone would want to mergemine a PoS coin.
it be innovative, and definitely neat. Also both coins would benefit as stakers would help secure both networks and be rewarded for it. As long as we are the coin to merge mine with and not the coin merge mining with another one, why not. ANycoins we should talk to? I think we could start with TRK (as that's where we came from), then maybe TEK, HBN, and Caps. What do you guys think? Anyone that could reach out to these coins? The problem with merge minting is that those other coins have little reason to be merge minted. They are nowhere near the point where demand for stake blocks would be better met by combining minting "hash" power. The reason multipool minting works for HYP is the very conservative 1k HYP stake block max reward. Since some people are already using 4k HYP blocks to stake quicker, and in some cases "giving up" stake since they have age/rewards beyond the block max, HYP *could* get to the point where you need 5k, 10k, or even 15k HYP, if the difficulty is raised high enough, to efficiently hit the 1k HYP reward. It's all very clever Crazyloaf..what do YOU know about POS coins..j/k man. Good to see you!! What do you think of Balls? Anyway I think this could work.. what about an exclusive merge mine pool with all high POS coins, and a MUCH higher fee that splits between the devs.. say 5%. The hashpower would be the highest EVER. Hell, add balls in the mix, and raise it to 7% pool fees. BALLS are going to be broken, literally. I can tell right now that it's going to split to an insane amount of blocks if you just leave it running, and there is no coin control to undo that. If you look at the comments on the thread (it will inflate to 50M BALLS), I'd honestly be worried to play with them beyond a pure hobby. Not being aware of compound interest is scary imo  It's a pure play to take some HYP thunder, but luckily, they don't know what they are doing over there Also, I say it's time to focus efforts on a single high PoS coin, that being HYP. This is the first chance we have for something beyond a hobby coin. I am doing this in my own portfolio. Like I said before, HYP or Bust.careful there. The old saying about eggs in one basket is very true. This is still a very young coin. I'm trying to focus on about three major ones and a few others for the sake of doing it. Those three, in order of holdings atm, are HYP, TEK, and HBN. There are many I like, and I would actually like to become a developer, but my coding skills are not anywhere near that level yet. |
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A lot more folks could be wealthy in this industryuniverse if we worked better together and stopped scamming one another.
FTFY. I cannot disagree with your statement, I just think it's not right to limit it to one sphere. |
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I have noticed it has become more easier to wait for low diff of 0.000061. Do you mean that HYP network (around 2.1) is THREE HUNDRED THOUSAND TIMES more secure than TEK's? No. Because TEK is a hybrid and HYP is a pure POS coin. They don't really directly compare in security. The POW network difficulty... welll, I'll just pull the json. { "proof-of-work" : 237857.13633377, "proof-of-stake" : 0.00006450, "search-interval" : 1 } As you know, I'm heavily into both of these coins, and I'm not going to badmouth either one. Honest comparisons are good, but on this one it's apples and oranges. I think HYP is the best secured and best functioning pure High PoS coin, but it's security is actually several orders of magnitude lower than TEK from a purely technical standpoint. Granted, it's harder to mount a 51% attack on HYP or any PoS coin that it would be on a pure PoW coin. But hybrids are the most secure of all, AND continue to function if something goes wrong with one of the proofs of work. Both coins have strong merits and some problems. I have a strong position in both, and I consider them both worthy of it. |
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Says you. I say you are wrong about this. You seem to have read right over the point where I indicated that voting is most certainly not the only thing -- nay, not even the most significant thing -- I am doing in order to bring about change. It is an additional thing I am doing on the margin.
In what way does my voting prevent any other mechanism for bringing about change? In no way. Period. You legitimize the system of control that you say you don't like, thus giving your consent to the idea that other people have the right to rule over you. Allow George Carlin to humorously explain: https://www.youtube.com/watch?v=efKguI0NFekGo ahead and think yourself superior for avoiding the ballot. Maybe you even think that refraining from voting is somehow, in and of itself, bringing about the change you want to see. If so, I think you're being delusional. No one is superior to anyone else; we are all literally one, experiencing oneself from different points of view. If a group calling itself the mafia told you that you have to choose one gang or another and they held "elections", would you feel that by participating in their sham you are somehow contributing to positive change, just a little bit? The act of participating is what creates the illusion of legitimacy. You spend your time however you want. Can't put that responsibility on me. The point is that if you're here to defend a position, you're approaching the idea of truth and knowledge, and the discovery of such, from a perspective of ego (attachment to beliefs) rather than an open-minded persepective. Nice cliff notes I'm still working on the big hammer to back this very position. On a semi related note, George Carlin, may he rest in well deserved peace, will be seen by history as one of the greatest philosphers, not a comedian. And it will amuse him if there's an after life. |
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Will that happen before or after the FTC dumps several million dollars worth of Butterfly Labs BTC on the open market very shortly?
Just curious.
Mmmhmmm. Just FUDing. Using the U.S. Marshals sale of the Silk Road seizure as an example, they are unlikely to dump them on the open market. However, if they did, using Bearwhale's 30,000 coins as an example, the market will choke them down with a temporary small negative blip, followed by a nearly instant return to almost the predump price. FUD harder. The FTC is not a law enforcement agency like the Marshalls, FBI of Police. Not likely they will have to auction anything because that takes time, they will dump them in as little as 3 weeks on the open market The Federal Trade Commission (FTC) is an independent agency of the United States government, established in 1914 by the Federal Trade Commission Act. Its principal mission is the promotion of consumer protection and the elimination and preventioncareful preservation of anticompetitive business practices, such as coercive monopoly. FTFY. |
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I'm not sure why someone would want to mergemine a PoS coin.
it be innovative, and definitely neat. Also both coins would benefit as stakers would help secure both networks and be rewarded for it. As long as we are the coin to merge mine with and not the coin merge mining with another one, why not. ANycoins we should talk to? I think we could start with TRK (as that's where we came from), then maybe TEK, HBN, and Caps. What do you guys think? Anyone that could reach out to these coins? If we could merge mine TRK, TEK,HYP,CAP,HBN, that would be crypto haven. I wonder how tranz will respond.. Tek is dying, so im sure they would be in. It would be a first "merge mined POS"!! If this happends.. anyone would be a fool to mine anything else. Vegas TEK ain't dyin' It's just not a fast growth coin. |
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Is this normal when buying hashing power from PB Mining?
It's been 22 hr since i sent btc to pay for an order in order to finalize it. The btc still haven't shown up in my account.
I have never seen this happen before. When I bought goods and services from others, the btc usually are in my account within 30 mins in order to finalize payment or the vendor informs me with in 1 hr that they have received the funds from their payment processor.
Pop 'em a PM and an email. They say 12 hours, and in my experience it's usually been less than two. Something didn't work, or they're way behind. Either way, they've always been pretty responsive to me. I sent them email last night and again this AM. I even checked the block chain to see if my transaction went through. It did indeed arrive at their address in the normal amount of time. Perhaps, the person handles all of this sick with the flu? I will wait another day i guess  Usually they're faster, but if it went to the right place it should be good Try a PM here too. I think sometimes they see those first Will do biomech. Good to see you on another forum. No I am not following you around I know I know you, but I don't know why No worries... |
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Is this normal when buying hashing power from PB Mining?
It's been 22 hr since i sent btc to pay for an order in order to finalize it. The btc still haven't shown up in my account.
I have never seen this happen before. When I bought goods and services from others, the btc usually are in my account within 30 mins in order to finalize payment or the vendor informs me with in 1 hr that they have received the funds from their payment processor.
Pop 'em a PM and an email. They say 12 hours, and in my experience it's usually been less than two. Something didn't work, or they're way behind. Either way, they've always been pretty responsive to me. I sent them email last night and again this AM. I even checked the block chain to see if my transaction went through. It did indeed arrive at their address in the normal amount of time. Perhaps, the person handles all of this sick with the flu? I will wait another day i guess Usually they're faster, but if it went to the right place it should be good Try a PM here too. I think sometimes they see those first |
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Is this normal when buying hashing power from PB Mining?
It's been 22 hr since i sent btc to pay for an order in order to finalize it. The btc still haven't shown up in my account.
I have never seen this happen before. When I bought goods and services from others, the btc usually are in my account within 30 mins in order to finalize payment or the vendor informs me with in 1 hr that they have received the funds from their payment processor.
Pop 'em a PM and an email. They say 12 hours, and in my experience it's usually been less than two. Something didn't work, or they're way behind. Either way, they've always been pretty responsive to me. |
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