It looks like people are unhappy about the length of the ICO because they want to cash out their profits quickly. It seems like many people have this expectation. I hope there will be enoigh buyers to pay for these profits to realise.
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After other ico (like Nxt, Iota, etc...) people complained loudly that they lasted a too short time or that there were too few investors. Now we have an ico with a lot of investors and long duration. People complain again. It's true you can never make everyone happy You cannot fight human nature. It is engrained in the DNA of our species
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I have a working Pi wallet that is working great. Just doing some more testing then Ill post it.
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What I like about GameBet is the business model. In this case the wallet only needs to be a mechanism to store, stake and send coins. There is no pressure or urgency to put all sorts of fancy things in the wallet. It is perfectly fine if the dev uses a basic wallet that works and focus on the business model as a priority. Any features that happen to end up in the wallet is a bonus.
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How about extending the period for a limited time and closing the ico earlier?
Some people have a strategy to wait for the last day. If the ICO is made shorter for any reason, it must be well publisised so that any change in the advertised ICO is not done in a ninja-style.
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Mr ease, interesting question. I know my stakes have staked (lol), but I'm not clear if the weight was 2.8 or some combined amount. But I started out w/ only 3 Txns, so I was easily able to see my stake rewards generating blocks while the 3 big txns were still waiting for their 250 confirmations from earlier stakes.
Have you read my quote and have you actually enabled coin control and look at your input block sizes? Your answer is right there. Read this https://bitcointalk.org/index.php?topic=1410287.msg14509118#msg14509118
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Mr ease, interesting question. I know my stakes have staked (lol), but I'm not clear if the weight was 2.8 or some combined amount. But I started out w/ only 3 Txns, so I was easily able to see my stake rewards generating blocks while the 3 big txns were still waiting for their 250 confirmations from earlier stakes.
Have you read my quote and have you actually enabled coin control and look at your input block sizes? Your answer is right there.
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DEV: if the inputs dont automatically combine can we please look into implementing this?
It would be best if you point the dev into the direction of another coin that does this so that he can look at it. Which coin do you have in mind?
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My investment decision is based on the opportunity cost of having funds tied up for 2 months.
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In about 8-11 days we should be into the 20% blocks. Out of the ultra high HIPOS sometime today.
If price holds about 2000 sats until the 20% blocks from here on out, we should see a stable price of 2000 sats
Roughly 500 sats at 20% mark but can be higher with some major dev announcements.
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Alrighty, giving/donating is what crypto is known for i suppose..
Quick question for anyone with the answer: Does the wallet combine blocks when they get below a certain amount?
Not sure, I think staking just takes longer maybe I'm wrong. It depends on the code , someone who knows what they are looking for can look at github & find out or the devs can answer. Im very interested in that 2! It seems every stake is 2.8 GBT, so there are 2 possible scenario. 1. Staking takes longer for small amounts and stays at 2.8 GBT, OR 2. Staking is partial and bundled with full blocks. I can't tell since I own enough to always receive 2.8 GBT per stake. Read this earlier in the thread https://bitcointalk.org/index.php?topic=1410287.msg14509118#msg14509118
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Are they already giving out the waves before the end of the ICO?
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Since this is a staking coin, the following is relevant:
Any amount can stake if 2 conditions are met. The only impact is the time it will take to stake and if the reward is percentage based, the size of the rewards. Firstly you need to have the coins in your wallet for the minimum stake age which in this case is 4 hours, after which your coins becomes eligible for staking. Secondly your coins have to reach at least 1 coin age day. If you have a fraction of a coin it will take a couple of days before you will get 1 coin age day and only then your coins will become mature. This is why some people sometimes notice that although their coins have passed the minimum stake age they still do not show as matured. If someone has 100000 coins of a certain coin as an example, he will have 1 coin age day very quickly, but someone with 0.5 coins will take 2 days.
Once your coins are in your wallet (actually once broadcast on the network) they begin to generate network weight at that address which is a combination of the number of coins in your wallet and the time they have been in your wallet (coin age). Once this becomes "heavy" enough your coins will generate a stake. In the case of GameBet the staking coins (input block) will stay in limbo in stake mode for 250 blocks. They do gain weight while maturing. Someone with a larger amount of coins will reach that point quicker than someone with a small number of coins. When you get a stake, the wallet adds the coins that stake and the stake reward and the total is split onto 2 equal input blocks that gains weight again separately.
The coins in your wallet are stored in blocks and each block of coins will stake on its own. If you have 2 blocks of lets say 10 coins each, when the time comes they will stake separately. This is where coin control enters - if you go to options and display, you can select to show coin control. If you then click on "send" you have the option to select inputs which will display the input blocks your wallet balance consist of. Here you can manage your input block sizes for the optimal block size to stake. There are generally 2 methods that stake rewards are generated each with its own subsections like HPOS, DPOS etc. - firstly there is fixed size per stake (like GameBet) and secondly percentage based. If a coin gives fixed size rewards, your input blocks can be more smaller ones because when they stake you get the same rewards in anyways and all blocks will eventually stake. If a coin gives percentage based rewards, then you must have very small number of large block sizes, in fact, one block of all your coins will be ideal. To change your block size, you go into coin control and select all your little blocks and select OK. Then copy the total coin amount less fees and paste into the amount field. Paste your wallet receiving address in the to field and send. This receiving address can be an address in your wallet which then means you are sending them to yourself. You will then have a large input block consisting of all the small blocks you selected.
If you want to apply this to GameBet, then do not combine your input blocks unless they become really small. If you do move your coins after the 250 block maturity, you will lose the coin age gained during the 250 block waiting period.
Lastly, I would recommend that a good strategy for GameBet would be to prepare your input blocks for staking and maintain them for staking and from time to time take only the small staked blocks to an exchange. Moving coins to an exchange destroys the coin age and resets any weight you have gained. It effectively combines them to an exchange controlled address. Since you have to combine the very small 2.8 blocks in anyways at some point to a little bit larger input block, and if you do need money, take those to the exchange if you have to, or combine and re-stake them if you have a longer term objective.
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I have a problem/question. I compiled GameBetd from source, then send coins to new wallet, then send few coins to exchange. And now then I use command getbalance I see this 55752.84990000 But, my balance must be x4 of this 223015.8001 https://chainz.cryptoid.info/gbt/address.dws?GLT1tUjw2Z4C7nkQyDHGn6wEXgoY2DVggw.htmWhen I do cmd getinfo i see this { "version" : "v1.0.0.0-g32a928e", "protocolversion" : 60018, "walletversion" : 60000, "balance" : 55752.84990000, "newmint" : 0.00000000, "stake" : 167263.95010000, "blocks" : 3488, "timeoffset" : 0, "moneysupply" : 21003656.67650000, "connections" : 1, "proxy" : "", "ip" : "0.0.0.0", "difficulty" : { "proof-of-work" : 0.00024414, "proof-of-stake" : 228444.86403052 }, "testnet" : false, "keypoololdest" : 1460383623, "keypoolsize" : 101, "paytxfee" : 0.00010000, "mininput" : 0.00000000, "errors" : "" } What is mean "stake" field? Why so many coins in stake, it shouldn't be in stake field? And when it will be in balance? Can I use this "stake" coins? When one of your input blocks gains enough weight and you "solve" a block, those coins that earned the stake moves from the available balance line to the stake line. It remains there for 250 blocks before it moves back to available. You cannot use those coins until the 250 blocks are done. It does gain weight again during this waiting time. Your balance is the total of the available and stake lines added together.
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Hey guys. I.m staking my coins in the wallet and already got around 20 2.8GBT blocks generated but all of them "? - Generated but not accepted"
What am I doing wrong?
You can try this: 1. If you are on wifi switch to a fixed line to lower your latency 2. Shut down your router and wait for a few minutes before you turn it on so that you get a new IP from your ISP 3. Restart your computer 4. Remove everything in your folder where your wallet.dat is except your wallet.dat and re-sync your wallet.
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WTF! Where is a linux wallet?
Just build one yourself from Git. That's the whole point of Linux. I can't. Get errors. cd ~/GameBet/src/leveldb or wherever you put the source chmod +X build_detect_platform or chmod 755 build_detect_platform Try again
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Guys, how does one unstake his GBT?
lol you cannot. Once it has staked you have to wait out the 250 blocks.
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The confirmations has been set quite long at 250. This requires that many input blocks are required on the network to get through the 250 blocks. I would recommend that since the rewards are fixed @ 2.8 coins, that the size of input blocks are less relevant. Size of input blocks by combining are more relevant with rewards that are % based and timing are essencial eg. in the case of hpos/dpos. Therefore, do not combine your input blocks so that there can be many smaller blocks and the chain do not get stuck in limbo while waiting for 250 confirmations. Only combine when the input blocks become very small. Especially since a percentage of the money supply will be on exchanges and another percentage might not be staking, leaving only the remainder staking and having to make the chain tick over.
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250 satoshi is a joke a proper price should be 10k satoshi and surely not lower than 5k, i will not sell under the profit that i'm making on ethereum, it would be dumb
Well that is my offer, if someone wants to sell for that price its their choice. I just said what i will offer. And my new price of 500 still stands. Is there any exchange to trade NPT? It is all informal atm. There cannot be a listing really without a block explorer.
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