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1581  Alternate cryptocurrencies / Announcements (Altcoins) / Re: WAVES - Complete Blockchain ecosystem for a token economy on: September 03, 2020, 05:28:48 AM
I then see USDN staking.  It shows estimated interest of eighteen percent?  Something isn't right there.

This is correct. The interest rates fluctuates. See, you buy USDN with Waves, which in turn get staked. So you get the 6% leasing plus your cut of the USDN's that are not staked.


Okay say you have $1000 worth of waves and sell them for USDN.  Now you have around $1000 usdn to make it simple.  Now you stake the usdn.  At the end of one year... your 1000 usdn will be around 1800 usdn?  But you say the interest rate fluctuates... which interest rate you talking about?  The waves or the usdn?


That doesn't make sense with usdn because if that is the case, wouldn't someone with a million dollars could just buy waves and sell it for usdn... then stake 1 million dollars of usdn and then make 180,000 usdn for one year?






First example would be 180 USD, not 1800. Second example is correct. This does not take fluctuation into account. 18% seems high, but if you compare it to Bitcoin, it is not that much, as the growth in worth of Bitcoin has been more than 10 000% per year on average...



Hey yes i made mistake with the calculation in first example.  But what do you mean doesn't take fluctation into account?  Yes 18% seems ridiculously high.  I would thought anything over 5 percent was already high.  But what can it fluctuate between then?  Because couldnt someone with a million dollars buy waves, sell it for usdn and then stake everything?  So they would get back between how much and how much in usdn at the end of one year then when taking fluctuation?
1582  Alternate cryptocurrencies / Announcements (Altcoins) / Re: WAVES - Complete Blockchain ecosystem for a token economy on: September 03, 2020, 01:40:55 AM
I then see USDN staking.  It shows estimated interest of eighteen percent?  Something isn't right there. 

This is correct. The interest rates fluctuates. See, you buy USDN with Waves, which in turn get staked. So you get the 6% leasing plus your cut of the USDN's that are not staked.


Okay say you have $1000 worth of waves and sell them for USDN.  Now you have around $1000 usdn to make it simple.  Now you stake the usdn.  At the end of one year... your 1000 usdn will be around 1800 usdn?  But you say the interest rate fluctuates... which interest rate you talking about?  The waves or the usdn?


That doesn't make sense with usdn because if that is the case, wouldn't someone with a million dollars could just buy waves and sell it for usdn... then stake 1 million dollars of usdn and then make 180,000 usdn for one year?


1583  Bitcoin / Hardware wallets / Re: Nano Ledger S Won't Turn On Help on: September 02, 2020, 04:23:14 PM
~

All your words suggest it's all the display's  fault, nor microchips' nor microswitches' but display. The friend of mine had the similar issue and I managed to help him with that. Keep reading if you are interested how to.  But once again,  do it on your own risk!  This is a measure of the last resort.


I just look at the post you spoke about.  So you want me to blowdry it to see if that works?  But seems the issue with it in the thread by the OP in that thread isn't like mine?


Well you say do it at your own risk and last resort.  Well if it doesn't even turn on... how is it a last resort?  Because there is nothing i can do to turn it on... doesn't it not hurt to try it?
1584  Alternate cryptocurrencies / Altcoin Discussion / Re: Earning Interest and Staking? on: September 02, 2020, 06:21:17 AM
Well are there any coins where you could stake where you can't lose because its value never fluctuates?  Like imagine something like tether?  Is there anything like that you could stake or that is not possible?
1585  Alternate cryptocurrencies / Altcoin Discussion / Re: Earning Interest and Staking? on: September 02, 2020, 05:58:59 AM
just took a look at stakecoin site.  But is it even updated?  Because it shows you only get one percent from waves wallet... but i assume thats if you are not leasing it?


With binance... and you mentioning dash... u get that much percentage... but if dash drops down in price during that price, well you are down money right if you look at it from a usd point perspective?
1586  Bitcoin / Hardware wallets / Re: Nano Ledger S Current Shipping Time and Carrier? on: September 02, 2020, 04:40:11 AM
Well i just thought maybe putting a promo code could cause something weird like they know about your order etc.


Another thing.  Do you all remember if you needed to sign for it when the package came to you back in the US?  It requires a signature right?  Such as they aren't going to just drop it at your front door?  I don't remember if i had to sign for it or not years ago but i do know i would't want them to leave it outside similar to like how you order from amazon and they leave it at your doorstep if you aren't home.
1587  Alternate cryptocurrencies / Altcoin Discussion / Earning Interest and Staking? on: September 02, 2020, 04:17:44 AM
So i have waves and I leased them a while back.  I know for an entire year... i only got a few waves back on my leased waves.  But now when i logged into the new waves wallet, im getting like a wave a week.  So it seems like when checking it, you are getting like 5% on waves when staking.  Now besides this, are there any other coins where you can stake and get interest like this?I
1588  Bitcoin / Hardware wallets / Re: Nano Ledger S Won't Turn On Help on: September 02, 2020, 03:31:03 AM
HCP, i want to ask this as well so when i get the new nano ledger s, i won't ask this.


So when i get back to the US, I will check my seed.  So once i have my seed and also have the nano ledger s... you would recommend resetting the device once or twice right just in case... even though its new right?


Now once I do this, I would go and enter my seed on the nano ledger when its connected to my laptop right?   It got to take a good while since you are manually typing in the seed with the ledger?


Now... if i were back in the US and say i wanted to restore my coins into electrum wallet on my current laptop... i can still do this right?  So if i type in my seed and it confirms in electrum, then my coins will show up in my electrum wallet?  Now this is what is a bit confusing.  Then say i want to transfer the coins to the new nano ledger s.  Well.... you just have to type the seed into the nano ledger right?  But what is confusing is when you do this... what happens to the coins in electrum?  Does it go to 0? 


Because i read you can put in the seed into any hardware wallet or other compatible wallet and electrum works as well.
1589  Alternate cryptocurrencies / Announcements (Altcoins) / Re: WAVES - Complete Blockchain ecosystem for a token economy on: September 02, 2020, 03:12:13 AM
Okay so i see that is called staking.  But waves gives 5% yearly?  I click on stake waves and see ton of pools and some are 5.8%, some are 5.5% and some are lower?  So basically if you have say a thousand waves, you are getting over 5% yearly on it if you stake it?  How much was it paying out before this whole waves staking thing when you could lease?  Back then i only got a few waves an entire year. 


I then see USDN staking.  It shows estimated interest of eighteen percent?  Something isn't right there.  So if you buy one thousand dollar worth of usdn... you going to earn eighteen percent of that yearly?  And isn't usdn flat number and doesn't fluctuate similar to like how coins are?  Example if you buy a lot of waves and then stake them for a whole year... sure you get 5% back or so... but if waves go down in price since you bought it... you lose money.  But USDN... is that like usdt where it stays constant?  If so... that wouldnt make any sense you get that much.


I mean with interest checking accounts and cds... u dont get more than one or two percent now.  Can someone explain this with waves staking percentage and usdn staking?  Waves i am correct with my logic right?  Sure buy a thousand waves and stake them... but you going to have to make sure the price you bought it at ... and when it ends.... you get it at least same or better price right? 
1590  Bitcoin / Hardware wallets / Re: Nano Ledger S Won't Turn On Help on: September 02, 2020, 02:07:27 AM
The thing is what about those ppl who daytrade and have btc and altcoins then?  I mean surely they keep their coins there if they daytrade right?  I mean they aren't sending btc and altcoins to their wallets every night and resending it daily as that would be expensive?
Of course they leave their coins on the exchanges... and that is a risk that they take (and must accept) if they want to participate in day trading...

jerry0, it's great that you take your time and think about things, but you are really overthinking pretty much everything involved with bitcoin and ledger and wallets. People have given you plenty of very good solutions, and you just go "yeah, but what about XYZ?"...

At some point, you need to act... otherwise, you end up in the situation you have now... where you put off doing anything about your dim screen for 7 months, your ledger eventually died and now you're back here going "what should I do? But what about XYZ?"  Roll Eyes



Hi HCP.  Well yea thats what i thought... if you daydrade, you have to keep coins there.


Well... the ledger just always has made me nervous even when i first got it.  The thing is with electrum... i dont recall i ever had any issue with it and its nice... but of course its not as reliable as the nano ledger hardware wallet.


Well... i was out of the country at the moment when dim screen happened.  I was in the US not long before that... and when i went out the US, this happened not long ago.  So had this happened while i was in the US, i would have fixed the issue earlier.  But im surprised devices like these can be like this.  I always thought this because ppl said there was no battery in it.
1591  Bitcoin / Hardware wallets / Re: Nano Ledger S Won't Turn On Help on: September 02, 2020, 02:04:51 AM
The 2 years warranty is mentioned on their website, maybe you skip it when you buy your Ledger?
https://shop.ledger.com/pages/terms-and-conditions

I don't recall someone returns their Ledger past its warranty period, and I doubt Ledger would go back on their own word either.


Hi. I never read that and had no idea. 


Yea when i think of warranties, i think of tvs and those other things.  I didn't think something like this because back then i never heard anyone had issues with it.


But what im curious about is has anyone here or know or heard of anyone who returned their ledger nano s to ledger... and ledger either fixed the ledger and returned it back such as imagine you send a laptop back to dell and they fix it and send it back to you... or... send you a replacement screen and you somehow put it in and it worked? 

1592  Alternate cryptocurrencies / Announcements (Altcoins) / Re: WAVES - Complete Blockchain ecosystem for a token economy on: September 02, 2020, 02:00:29 AM
I recall using the old waves lite client and putting a password, then using the waves dex client and having to put a new password.  So for this waves.exchange program, i have to put another new password?


Then when i do that... do i need to type in my waves seed or not? 



Can someone confirm this?  I opened the waves.exchange app... its asking me to put a new password.  So this is like my third new password for waves wallet?  First was the waves lite client, then the waves dex program... now another one is this waves.exchange?  After i type in new password, i need to write my waves seed in it?
Yes. I can confirm it. Type in a password and after it you can create a new account (=wallet) or recover an old one with an existing seed.
You can create a new account as well for testing purpose. Just to try it out.
The passwort will encrypt your account. If you delete your computer your account will still be there, because you have the seed. So if you use another computer you will be asked for a password again.
You can always use an old password, as long it is not compromised.


Okay I did this.  When i get into my account, it shows a waves balance but also a reserved balance.  The reserved balance is the amount of waves i leased from a long time ago.  So how do i unlease them? 



What about the additional waves i have now that says qualified and balance?  How do i lease the in addition to my current reserved waves balance?



Also when i check my waves transactions... seems like every week im getting some waves?  Can someone tell me where this is from?  Because back then when i leased waves... i only got a few waves a year.  But now it seem like im gettin about one wave once a week since the start of the year?  Can someone explain this?  I know back then i got those airdrops but many seem to be worth nothing... but i seem to be getting a wave once a week since earlier this year?
1593  Alternate cryptocurrencies / Announcements (Altcoins) / Re: WAVES - Complete Blockchain ecosystem for a token economy on: September 01, 2020, 12:22:03 AM
I recall using the old waves lite client and putting a password, then using the waves dex client and having to put a new password.  So for this waves.exchange program, i have to put another new password?


Then when i do that... do i need to type in my waves seed or not? 



Can someone confirm this?  I opened the waves.exchange app... its asking me to put a new password.  So this is like my third new password for waves wallet?  First was the waves lite client, then the waves dex program... now another one is this waves.exchange?  After i type in new password, i need to write my waves seed in it?
Yes. I can confirm it. Type in a password and after it you can create a new account (=wallet) or recover an old one with an existing seed.
You can create a new account as well for testing purpose. Just to try it out.
The passwort will encrypt your account. If you delete your computer your account will still be there, because you have the seed. So if you use another computer you will be asked for a password again.
You can always use an old password, as long it is not compromised.


Hi so to confirm... put a new password.  Then i have option to create a new wallet or recover an old one with existing seed.  Well... I obviously am recovering an old one with an existing seed right?  The create a new wallet option is for ppl ... well who never created a waves wallet in first place right?  Just want to confirm that.


So let me get this straight.  When waves used the waves lite client for a while, then we had to use the waves desktop client... i remember i had to put in a new password for the waves desktop client.  So to restore my waves wallet from the waves lite client, i needed to copy and paste my waves seed right?  This was a long time ago and i dont recall.  And now... with this third wallet... you do exactly the same like when you migrated from waves lite client to waves desktop client?


And yes I know you are suppose to make sure to have your seed and make sure its correct and safe.  So basically everytime waves gets a new wallet and the old wallet no longer works... you better make sure you have the waves seed... otherwise you are screwed?  Is that all correct?  So its like okay well i have my waves desktop client and password and everything.  But you didn't check your wallet for many months... then find out there is a new waves wallet and the older wallet is obsolete... so without the seed... you are screwed?
1594  Bitcoin / Hardware wallets / Re: Nano Ledger S Won't Turn On Help on: September 01, 2020, 12:17:06 AM
Okay so this is what ledger tells me.  They said because i bought my ledger over the two year warranty period... they cannot assist.  So ledger offered a two year warranty for all their devices?  I had no idea they did... but did they allow you to buy a longer year warranty?  Because i dont recall seeing any of that.  So basically if your nano ledger goes bad or screws up... better hope its within two years or you are out the ledger?


Anyone who returned their ledger... did almost all of you had it under two years?  Anyone had it longer and returned it back?
1595  Bitcoin / Hardware wallets / Re: Nano Ledger S Won't Turn On Help on: September 01, 2020, 12:14:43 AM
Well assuming you are not hacked or phished on binance... are there ppl that never got reimbursed then by binance?


The thing is what about those ppl who daytrade and have btc and altcoins then?  I mean surely they keep their coins there if they daytrade right?  I mean they aren't sending btc and altcoins to their wallets every night and resending it daily as that would be expensive?
1596  Bitcoin / Hardware wallets / Re: Nano Ledger S Battery Question? on: August 31, 2020, 04:34:38 AM
So someone who is associated with ledger mentioned this





Then no, we don't repair devices, we ship back new ones. We used to send spare parts (such as the screen, which can easily be replaced) but I don't think we do that any longer - you can still ask though.

I believe in your case a screen replacement would work (the problem is known for some units), but I don't think we're doing that anymore.




Now has there been anyone here who had sent a ledger nano s back to ledger and they returned and fixed it for you a while back?  Or they sent a screen replacement to you and then you fixed the issue?  He seems to say they use to do that... back then.


Has there been anyone here or cases where you tried to fix the screen yourself by doing something or ledger sending you a replacement screen a long time ago and that was the actual issue?
1597  Alternate cryptocurrencies / Announcements (Altcoins) / Re: WAVES - Complete Blockchain ecosystem for a token economy on: August 31, 2020, 02:45:21 AM
I recall using the old waves lite client and putting a password, then using the waves dex client and having to put a new password.  So for this waves.exchange program, i have to put another new password?


Then when i do that... do i need to type in my waves seed or not? 



Can someone confirm this?  I opened the waves.exchange app... its asking me to put a new password.  So this is like my third new password for waves wallet?  First was the waves lite client, then the waves dex program... now another one is this waves.exchange?  After i type in new password, i need to write my waves seed in it?
1598  Bitcoin / Hardware wallets / Re: Nano Ledger S Won't Turn On Help on: August 31, 2020, 02:39:59 AM
I typed my seed a while back when i set up the ledger.  The thing is i did look and make sure i wrote the words carefully.  Yea there are no numbers... but because i never tested it... thats why im concerned.


Yes i heard of mt gov.  Also binance hack... someone said they covered all the losses with the hack.  So binance would do that everytime?  If that is case, wouldn't binance be best exchange to keep btc in if an exchange?
1599  Bitcoin / Hardware wallets / Re: Nano Ledger S Battery Question? on: August 31, 2020, 02:35:23 AM
Yes i hear about the phishing and malware.  But when binance got hacked, you say they covered the losses of their customers.  If that is the case, wouldn't that mean as long as you don't get phished or malware on binance... then you are safe since binance covered the hack?  So if more hacks come on binance... will binance cover the losses in the future?


Well I didn't want to keep my seed with me outside the country.  Well i could but how would i get the seed here?  I mean i dont feel good having it on a piece of paper in my luggage if you know what i mean?  Or in my pocket? 


The seed check app, do you know how long that has been around.  Was it around two and a half years ago? 


Airgapped wallet and paper wallet.  Airgap you mean computer right?  But what if something happens to your computer or paper wallet?  Also couldn't a paper wallet get torn apart if you rip it up?


But binance/coinbase is still best exchanges for keeping coins right?


1600  Bitcoin / Hardware wallets / Re: Nano Ledger S Won't Turn On Help on: August 30, 2020, 10:35:28 AM
Well what other ways can i try to see if it turns on?  I plugged it multiple times into my laptop usb port and it doesn't work.


Again i have no idea if its the screen or itself.  But like i said, screen was dimmed lights months ago. 


I could definitely wait a bit until i head back home.  The thing is during this time, its bothering me because of this situation.  I mean had i done the test a while back... i wouldn't mind waiting a few weeks since i would know for sure that seed was correct.  But any way i look at it, its going to be the same right assuming the seed now is going to be there weeks later?  Its just me now concerned about it.  Now the bigger concern would be if you lost the seed as in you dont even have the paper right?  Because if so, well hardware or device go bad, then you are screwed?  But i really wished i sent the coins to my binance account a while back. I mean have there been cases of ppl get hacked on binance if they use two factor authentication?  The ppl that i know... they dont know much about encrypting any seed back in the US.
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