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1721  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MINT]Mintcoin V1.9.1, Energy Saving Coin *27 Exchanges *50 Merchants on: May 12, 2014, 03:00:17 PM
need help can seem to figure out why wallet 1.9.1 says minting 1 days then reopen wallet next day 22 hours and then today it says back to 1 days Huh?
Hi,

I wrote a PoS guide. It is certainly full of mistake, could you please review it? Thank you.

How PoS works
1722  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Digit [DIG] | Something Different! | Fully Transparent! | 1000 DIG blocks! on: May 12, 2014, 02:29:53 PM
Hi David.
Looks like common Arc problem lately.
https://bbs.archlinux.org/viewtopic.php?id=177178
Perhaps just compile without UPNP and forward your port manually:
Code:
make -f makefile.unix USE_UPNP=-
for daemon or same for qt.

Did not work (make: *** No rule to make target 'makefile.unix'. Stop.). http://pastebin.com/LzA5AYCj
How do I forward port manually?
1723  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] TEKcoin PoS/PoW on Cryptsy! 30 days 40% interest! on: May 12, 2014, 02:02:12 PM
Can we get an updated Windows download that doesn't have problems with the blkindex0001.dat and synching issues? I got it to work eventually, but a new user may not have such luck. The temporary makeshift Mac download is not in binary form, as google drive has it downloadable as individual files only. I could in theory download every source file and tweak the file types and then compile, but that would take a long time. Usually google drive has a download option, but not like this . (Or I'm an idiot and am missing something obvious.)

Can't complain too much, though. The TEK community is doing great work, and I agree this coin has much long-term potential. There are many seasoned crypto users here, which is great to see. Lots of eyes on the code, like dyoungii really digging deep. Tranz's pioneering work on the HBN wallet is invaluable. Presstab is going above and beyond, and thundertoe is on the cutting edge as always. Seriously, keep up the great work everyone. I know I'm not the only one with serious plans for this coin.

Cheers!
Since I am hosting the binaries for Monero on Google Drive, I could do the same for TEKcoin. Would that kind of architecture help? http://bit.ly/monerostarterpack

(I should be able to buy some TEKcoin in two days, I hope)
1724  Alternate cryptocurrencies / Announcements (Altcoins) / Re: HoboNickels - HBN - Version 1.4. Stake For Charity. on: May 12, 2014, 01:40:53 PM
Fast transactions?
Except for Bitcoin, every transaction is fast enough, no?
1725  Alternate cryptocurrencies / Announcements (Altcoins) / Re: HoboNickels - HBN - Version 1.4. Stake For Charity. on: May 12, 2014, 01:34:33 PM
Yo, guys do You know witch coin got  the fastest confirms in cryptoworld.?

I know that HBN is very fast;)
Ultracoin, I think. It was its selling point - not that I understand the need for fast confirmation.
I heard that fastcoin is the fastest with very low block time. 12 sec.
What's  the point of such fast time, BTW?
1726  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures on: May 12, 2014, 01:23:18 PM
We should voting to some big exchange like Mintpal
Asked, waiting for answer. But this can be a double-edged sword too (fast growth, fast-death).
1727  Alternate cryptocurrencies / Announcements (Altcoins) / Re: HoboNickels - HBN - Version 1.4. Stake For Charity. on: May 12, 2014, 01:20:52 PM
Yo, guys do You know witch coin got  the fastest confirms in cryptoworld.?

I know that HBN is very fast;)
Ultracoin, I think. It was its selling point - not that I understand the need for fast confirmation.
1728  Alternate cryptocurrencies / Altcoin Discussion / Re: Proof of Stake Coin List on: May 12, 2014, 12:47:07 PM
It would be interesting if the interest was higher. As tokyoghetto stated it in his HBN investment journal, "20% is not enough when the price can drop 50% overnight".
Too bad because the growing PoS idea is interesting.
5% per month would be much more interesting. 60% at the end of the first year is on par with Philosopher's Stone (less rewarding, since you would break even with PHS only at 10th month, but starting from year 2 it would be interesting).
+5% every month for first year => 60%
+2.5% every month for second year => 90 %
+1.25% every month for third year. => 105%. Considering TEK is at 480% an year (6300% with compounding) and performs very well (too well, I'd say), it may not be too much. PHS is at +50% but not NVCS like TEK/HBN and NVC, which means the interest is constant and doesn't depend on do not decrease with the network difficulty.
Ending it brutally, though, would kill the coin so something would have to be considered.

I feel like starting from April, high-stake coin got less interesting to buy because people started to take notice of this coin. Maybe MINT is the one that raised awareness of PoS to a greater audience.
Now, will new get-rich-quick schemes will divert money from high-PoS (=> price drop, you can buy) or will we have to resort to newly-created high-PoS coin? Unfortunately, all of them (LGD, GWT) seem to be premined :/

Heres some additional info how Digit PoS is built.
It starts from 0.2%  first month. Then 0.4% 2nd, 0.5% 3rd and continues until it reaches 7.2% in month 36.
Adding this together and here is what we get:

1st year = 15.6%  (Average monthy interest in year 1 is 1.3%)
2nd year = 44.4% (Average monthy interest in year 2 is 3.7%)
3rd year = 73,2% (Average monthy interest in year 3 is 6.1%)

From here, interest rate will start dropping.

4th year = 70.8% (Average monthy interest in year 4 is 5.9%)
5th year = 42% (Average monthy interest in year 5 is 3.5%)
6th year = 13.4% (Average monthy interest in year 6 is 1.12%)
7th and all years after that = 2.4% (Average monthy interest in year 7 is 0.2%)

Since their PoW is difficulty dependant, it will should sort itsself out just beautifully. If mining profitability goes down due high supply, then block reward will go down and new supply will decrease.
Vice versa if the opposite situation occurs.
Even considering compounding interest (which takes CPU ressources, by the way since you let your wallet on), this is still too low in a world where price can drop 50% in one day. It's fortunate min's price is very stable, but no evidence this will be the same for this one.
1729  Economy / Service Announcements / Re: CryptoNote Exchange on: May 12, 2014, 12:23:45 PM
a canary on the front page would be good.
canary?
1730  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][SMURFS]TheSmurfsCoin 丨100% Pure POS 丨 NO IPO丨 MultiPool (50%BONUS)丨 on: May 12, 2014, 12:14:07 PM
Too late for distribution?
1731  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: MRO Monero trading thread and OTC xchg (bid 100 ask 101 last 80) on: May 12, 2014, 12:00:48 PM
Please remove my sell order
(0.001600 / 65 / 0.104 / David Latapie {Member})
Thanks for your hard work, smooth.
1732  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][PHS][PoS] PhilosopherStone | PoS | No Premine | stuff | 1.5.2 on: May 12, 2014, 11:54:06 AM
- I tried compiling Philosopher's stone again - recipe for target 'build/bitcoin.o' failed make: *** [build/bitcoin.o] Error 1 - I get this with a lot of wallet (but TEK and HBN worked well. The code I used is similar to TEK
- Why PoW/Pos is broken?
- How did you remove orphans?
- How long will 50% stay at this level? As I understood it, forever?

Thanks
1733  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][AC]AsiaCoin - Relaunch on: May 12, 2014, 11:08:45 AM
Every single time I am trying to compile the wallet on Arch, I have this;

Code:
Makefile:1934: recipe for target 'build/bitcoin.o' failed

This is the command line I used.
Code:
cd ~ && git clone https://github.com/micryon/AsiaCoinFix && cd AsiaCoinFix/ && qmake-qt5 asiacoin-qt.pro && make

In other words:
Code:
cd ~
git clone https://github.com/micryon/AsiaCoinFix
cd AsiaCoinFix/
qmake-qt5 asiacoin-qt.pro
make

Could someone help?

1734  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Digit [DIG] | Something Different! | Fully Transparent! | 1000 DIG blocks! on: May 12, 2014, 10:52:21 AM
I downloaded the binary.
Code:
Digit-qt Linux 64bit/Digit-qt: error while loading shared libraries: libminiupnpc.so.8: cannot open shared object file: No such file or directory
Where can I get the libminiupnpc.so.8? I am not running Ubuntu, but Arch, so not apt-get will work me, I need the github location.

Trying to compile with the Arch version of make did not help much

Code:
cd ~ && git clone https://github.com/DigitSF/Digit && cd Digit && qmake-qt5 Digit-qt.pro && make

Thank you.
1735  Alternate cryptocurrencies / Altcoin Discussion / Re: Proof of Stake Coin List on: May 12, 2014, 10:37:46 AM
There has been massive amount of PoW/PoS coins launched lately. Majority of them have rapid PoW phase for few days or weeks and then continuing as pure PoS. Just like MINT and BC did first.
I guess MINT and BC huge price jumps did nice job of pulling new clones out.
There is at least one which shows some creativity.

Digit looks rather interesting.

0.2% monthly PoS base interest.
0.4% on the second month
0.6% on third month
and climbing by 0.2% until PoW mining ends after 3 years from launch.
That makes month nr36 monthly interest of 7.2%.
It would be interesting if the interest was higher. As tokyoghetto stated it in his HBN investment journal, "20% is not enough when the price can drop 50% overnight".
Too bad because the growing PoS idea is interesting.
5% per month would be much more interesting. 60% at the end of the first year is on par with Philosopher's Stone (less rewarding, since you would break even with PHS only at 10th month, but starting from year 2 it would be interesting).
+5% every month for first year => 60%
+2.5% every month for second year => 90 %
+1.25% every month for third year. => 105%. Considering TEK is at 480% an year (6300% with compounding) and performs very well (too well, I'd say), it may not be too much. PHS is at +50% but not NVCS like TEK/HBN and NVC, which means the interest is constant and doesn't depend on do not decrease with the network difficulty.
Ending it brutally, though, would kill the coin so something would have to be considered.

I feel like starting from April, high-stake coin got less interesting to buy because people started to take notice of this coin. Maybe MINT is the one that raised awareness of PoS to a greater audience.
Now, will new get-rich-quick schemes will divert money from high-PoS (=> price drop, you can buy) or will we have to resort to newly-created high-PoS coin? Unfortunately, all of them (LGD, GWT) seem to be premined :/

Edit: as usual, the linux binaries don't work (/home/david/Téléchargements/Digit-qt Linux 64bit/Digit-qt: error while loading shared libraries: libminiupnpc.so.8: cannot open shared object file: No such file or directory)
1736  Alternate cryptocurrencies / Altcoin Discussion / Re: HBN Investment Journal - 2% returns every ten days - 80,000+ HBN Porfolio on: May 12, 2014, 10:14:52 AM
Which is why, I usually have a fair % of my portfolio in BTC, so if there's a bear market overall, I can pick up my favorite coins on the cheap. If they are fairly valued, I hold.
Thanks. I should have my monthly 100 EUR (yeah, I'm poor) in two days at kraken, then I'll trailing stop them for BTC. I might keep my BTC for an opportunity or else buy some LGD, since it is the newest high-stake coin I found (but that would be a gamble too).

Edit: LGD is premined Sad Can't there be a new non-premined high-stake, for a change?
1737  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [CENT] Pennies launched on: May 12, 2014, 09:10:29 AM
What is the interest rate of CENT?
1738  Alternate cryptocurrencies / Altcoin Discussion / Re: HBN Investment Journal - 2% returns every ten days - 80,000+ HBN Porfolio on: May 12, 2014, 07:54:08 AM
As a long term HBN investor, I have to be quite honest I did not buy any substantial blocks of HBN at prices of 30k satoshi. Now that the price has come back down I think I am going to start buying a few decent chunks everyday and spread my buy out over a few days to get more of an average price rather than what the price happened to be at a particular time.  I still think HBN is the best coin out there, and right now is time to start adding more to my portfolio.
What do you consider a decent price? I'd say the average price is 20k (of course, early adopters got it cheaper, but I don't think it will happen again anytime soon).
1739  Alternate cryptocurrencies / Altcoin Discussion / Re: HBN Investment Journal - 10%+ Returns - Steady Growth - 1st PoS Block Mined! on: May 12, 2014, 07:50:54 AM
You can leave your wallet all the time to stake coins quicker and maximize gains. Its best to get a VPS, load up the wallet and just leave it running.
How can I access a HBN wallet on a VPS with command-line only?
1740  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MRO] Monero - Anonymous Currency Based on Ring Signatures on: May 12, 2014, 06:53:47 AM
FYI to fix the link problem just use url tags around the link like this
Code:
[url]https://www.swaphole.com/#!voting[/url]
https://www.swaphole.com/#!voting
Thanks!
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