Cryptsy trading for XPY has resumed, good time to sell if you have it at 0.0008.

You can keep sending Coins because it's going to an address on the Blockchain, Cryptsy would receive these Coins but won't post the balances for people to trade until they reopen the markets. Maybe they are sending them there still in the expectation that the markets will be reopened so they can sell into the new walls?

You mine it with ownership of Coins, when holding a coin it is better not to have pow mining because you have outside influence affecting price negatively, if all mining is from holders then they make returns over time regardless of price.

Edit: Let me elaborate a little more, at a minimum age of 2 days people can receive 30 Coins per Stake and as time goes on it increases the active Coins Staking on the network. To hold onto a Coin you want to receive some returns but with most markets there is a small amount of depth so a high rate of return for Staking eventually leads to all Coins being active in Staking and not all holders are going to sell all their Coins which reduces the amount of actual sell pressure. Price being low or even gaining over time, it provides a lot of opportunity to make ROI on Coins bought as you would receive over and above the actual inflation per year as not all Coins Stake and when moving Coins it also takes those Coins out of circulation. If the price is the same but you have 50% more Coins then it is easier to make some ROI.

Also, if there is deemed to be further improvements we can make that can provide fairer distribution for holders, we can also make that change as everything should be on the table.

I think they don't really know what's going on and all the arguing is causing a huge mess when there doesn't need to be. Only wallet that kinda works is their new one but Josh doesn't want that because he will lose control so you have two parties telling you to do different things but of course no one really knows what to do.

The only changes of the new wallet was "wait 10 seconds before next getblocks" and the change of Prime Nodes from 350% to 100%. They are making it out like it's the fixes they've been waiting for but aren't addressing some other issues with difficulty. There are a couple new icons, other than that they have 150 commits of fluff, fixing a spelling mistake here and there, just making it look like there is actual work being done. It doesn't inspire confidence when they write new code and misspell something as small a "mandatory" as "manditory" but maybe they are saving that for a future commit.

I wonder what's going to happen next week when their new wallet is supposed to take over with the Prime Stake rate change? Will it stick? or will the whole chain just seize up?

Nice, it's great when everything runs smoothly

Tomorrow we will have Yanglets coming online as well Now that will be some BIG Blocks but wait until we get into the Immortals It'll be a Tsunami of Coins!!

Slow down the Block times?

Don't worry about it, everyone's fairly friendly over here and you don't have to worry too much about getting your posts deleted or banned here. People are going to question everything, it's just the way it is, things are never going to be the same.

No, it's based on time. It sends out Coins as TX Fees at set intervals with a random amount of drift time, it's like a range where there is a minimum amount of time (say 2 minutes) with a random amount of time (1 second to 4 minutes) for an average of 3 minutes. When you Stake during this week, you have a chance to hit some of these Blocks and in order to Stake when you want you could hold back some of Your Stake for the days you want, or let it Stake and manage the sizes of your Blocks to be a bit larger for higher weight in each Block. It is recommended to have Blocks of around 500 Coins each.

I think it's more about eliminating sell pressure, I'll be happy to send you some for free or even sell you 1-2% at like 400-500 Satoshis and that would go towards more development work.

The goal is to show what can be done, and even make a little money as well, for everyone involved.

This week is about automation, all the Weelets, Yanglets, Primelets, and Immortals are one gigantic script that feeds into each other. It has all been written upon time presets and drifting intervals.

It's just like PayCoins shuffle script but probably even more advanced than that.

Presstab also helped us out with multi-send, so you can now send multiple's to different people and it's written to the wallet.

How is it terrible?

The code is quite nice and showing people some neat stuff.

Taking each other to court over air?

You know that the Blockchain doesn't even mean too much right? It's just a consensus ledger, but doesn't seem they can come to a consensus without going to court.

Meanwhile, PayCon Weelets are performing phenomenally  

Got a little Wee here

http://blockexperts.com/con/height/139562

And a little Wee there

http://blockexperts.com/con/height/139559

And Weeing everywhere

http://blockexperts.com/con/height/139558

3 minute Intervals
Status: Fixed



http://blockexperts.com/con/height/139553

Approximately every 3 minutes will have 10% more CON!!!

Tomorrow there will also be Blocks of 100% added as well

Woke up just in time for the show

Josh got sued for $350,000 for an unpaid power bill last week.

Paycoin.com wallet was "hacked" a few hours ago for 250k XPY and more than 100k was sold into the market.

Well atleast this "IngCr3at1on" guy has some idea of what he's doing but the way they've done their protocol cutoff is a bit strange, I guess we will see in a week whether or not it works but considering the spelling mistakes on words that shouldn't be misspelt, I don't have high hopes. I won't bag Team XPY too hard, seems like they've gotten over their head a bit and I'm glad someone is stepping up to take away the Primes from Josh.