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241  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast on: July 29, 2017, 09:41:39 AM
VIA to 20 USD .

I would settle for that Smiley
242  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast on: July 27, 2017, 12:07:05 PM
Viacoin Block Reward Halving happened !
Reward per block: 0.3125 $VIA


So when will we hit 23million?
And what happens next? Hashrate down to almost zero?

you might as well have asked "what will happen when bitcoin hits 21million"
you should read up on how real crypto works,
where do you think transaction fees go, etc


In short, once block reward stops with cryptocoins, the network is hopefully so busy by that time that the transaction fees are high enough to keep mining interesting.

I have no clue how this coin (or any coin for that matter) works in general, but does the transaction fee really go to the miners? Or is it sent elsewhere, maybe to an address owned by the developers?
 
Of course all the transaction fee goes to the miner who solved the block.

Maybe I'm mistaken but I always thought that transaction fee and miner rewards are two totally different things, and that miner rewards are created out of thin air, otherwise how can there be coin inflation?

Of course you can program this in every way you want, to know what is really going on you have to examine the source-code in detail and that is something I never did.    

Hoi Joost (you're Dutch right?)

That assumption is correct. I would recommend to read up a bit on it, because you're really asking very basic questions which are just a matter of putting a little bit of effort in (being inquisitive is good as long as your questions are about insight, otherwise it just seems a bit lazy). I would recommend reading this article on transaction fees: https://blog.blockchain.com/2016/12/15/bitcoin-transaction-fees-what-are-they-why-should-you-care/ (If you end up not being Dutch, I'm sorry for being so direct Cheesy )

You are right in stating that I'm Dutch.

What I mean that things holding for Bitcoin doesn't necessarily have to hold for another coin like VIA.
It is not very difficult to build a coin by slightly modifying bitcoin core and give the coin a totally different behavior, everybody with basic understanding of C++ and public key cryptography can do this. The only way to determine how a coin really works is by examining the source of the specific coin, and yes I'm too lazy to do this because it doesn't interest me enough.

  

Happy you're Dutch, so I could be direct Cheesy

You can ultimately find the mechanism when looking at the main.ccp file in the source: https://github.com/viacoin/viacoin/blob/master/src/main.cpp

I think this is the main interesting part:
Code:
 } else if (nHeight <= (zeroRewardHeight + 10800)) {
        // first 10800 block after zero reward period is 10 coins per block
        nSubsidy = 10 * COIN;
    } else if (nHeight <= rampHeight) {
        // every 10800 blocks reduce nSubsidy from 8 to 6
        nSubsidy = (8 - int((nHeight-zeroRewardHeight-1) / 10800)) * COIN;
    } else if (nHeight <= 1971000) {
        nSubsidy = 5 * COIN;
    } else { // (nHeight > 1971000)
        int halvings = nHeight / consensusParams.nSubsidyHalvingInterval;
        // Force block reward to zero when right shift is undefined.
        if (halvings <= 64) {
            nSubsidy = 20 * COIN;
            nSubsidy >>= halvings;
        }
    }
243  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast on: July 27, 2017, 10:06:27 AM
Viacoin Block Reward Halving happened !
Reward per block: 0.3125 $VIA


So when will we hit 23million?
And what happens next? Hashrate down to almost zero?

you might as well have asked "what will happen when bitcoin hits 21million"
you should read up on how real crypto works,
where do you think transaction fees go, etc


In short, once block reward stops with cryptocoins, the network is hopefully so busy by that time that the transaction fees are high enough to keep mining interesting.

I have no clue how this coin (or any coin for that matter) works in general, but does the transaction fee really go to the miners? Or is it sent elsewhere, maybe to an address owned by the developers?
 
Of course all the transaction fee goes to the miner who solved the block.

Maybe I'm mistaken but I always thought that transaction fee and miner rewards are two totally different things, and that miner rewards are created out of thin air, otherwise how can there be coin inflation?

Of course you can program this in every way you want, to know what is really going on you have to examine the source-code in detail and that is something I never did.    

Hoi Joost (you're Dutch right?)

That assumption is correct. I would recommend to read up a bit on it, because you're really asking very basic questions which are just a matter of putting a little bit of effort in (being inquisitive is good as long as your questions are about insight, otherwise it just seems a bit lazy). I would recommend reading this article on transaction fees: https://blog.blockchain.com/2016/12/15/bitcoin-transaction-fees-what-are-they-why-should-you-care/ (If you end up not being Dutch, I'm sorry for being so direct Cheesy )
244  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast on: July 26, 2017, 04:53:42 PM
Viacoin Block Reward Halving happened !
Reward per block: 0.3125 $VIA


So when will we hit 23million?
And what happens next? Hashrate down to almost zero?

you might as well have asked "what will happen when bitcoin hits 21million"
you should read up on how real crypto works,
where do you think transaction fees go, etc


In short, once block reward stops with cryptocoins, the network is hopefully so busy by that time that the transaction fees are high enough to keep mining interesting.
245  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast on: July 24, 2017, 07:36:16 AM
Any news from China, regarding segwit bug test?
I started to ask Pooler from litecoinpool.org.
Right now it's getting "stalled" by F2pool

So viacoin is not decentralised ? f2pool basically owns viacoin? viacoin investors are at the mercy of f2pool . i feel sick

Take it easy, mate. It is decentralized, pools just have to implement things for network to change to new code. Just look at how much effort it took for bitcoin to make the smallest changes. It also relies on a small number of huge pools. This is crypto 101.
246  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] MOBILEGO Crowdfund [$53 Million] - Decentralized Mobile Gaming Solutions on: July 22, 2017, 03:52:41 PM
Mgo team did big mistake since before they say they willlist mgo to bittrex they need to ask bittrex if they support erc 23 too! Its fishi! Look like scam from mgo team they attract all of us to invest becouse they put news that bittrex will be listed! So they scam us and not bittrex! Bittrex is here all ok! But MGO team did fishy scam info to attract investors! 🙈🙈🙈🤷🏻‍♂️🤷🏻‍♂️

Getting tired of people calling things scams so quickly. You have a group of people here that have been working on this for years, taking big risks by investing a lot of time and money, and you immediately call them a scam for a technicality... It surprised me as well that they were not able to handle this type of Ethereum token yet, but they did genuinely list it initially at Bittrex.

If you want to be part of this crypto movement, expect a bumpy ride and stop complaining about everything.


Btw i did invest 55 btc! I am not 1btc joker!
But how mgo did official list as mgo on bittrex is not a legit buisness anyway!
Mgo did a lot bad to investors and also bittrex exchange since peoples talk shit for bittrex but problrm is mgo dev team and founders! Or they did it with rision or they are pure amaters!! Only 2 things!

Having invested 55 btc, would you not be running at a 33% profit at the moment?
247  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] MOBILEGO Crowdfund [$53 Million] - Decentralized Mobile Gaming Solutions on: July 22, 2017, 06:01:56 AM
Mgo team did big mistake since before they say they willlist mgo to bittrex they need to ask bittrex if they support erc 23 too! Its fishi! Look like scam from mgo team they attract all of us to invest becouse they put news that bittrex will be listed! So they scam us and not bittrex! Bittrex is here all ok! But MGO team did fishy scam info to attract investors! 🙈🙈🙈🤷🏻‍♂️🤷🏻‍♂️

Getting tired of people calling things scams so quickly. You have a group of people here that have been working on this for years, taking big risks by investing a lot of time and money, and you immediately call them a scam for a technicality... It surprised me as well that they were not able to handle this type of Ethereum token yet, but they did genuinely list it initially at Bittrex.

If you want to be part of this crypto movement, expect a bumpy ride and stop complaining about everything.
248  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast on: July 19, 2017, 10:57:12 AM
Quite happy we did not have the big release during that clusterf#!k of last week. I was closely watching the buy and sell walls of VIA and noticed some huge orders this morning, breaking a huge sell wall in the higher 30s. I would not be surprised if we reach 100k by early August. Looking at support levels and how it rose very rapidly earlier I hope we make the following jump:



This of course might be overly optimistic. Do your own research before buying things. Smiley

Im always skeptical about TA just because I feel like Cypto is a market that can move based on a Tweet or a rumour. Strongly agree with your first point though - any big releases last week would have probably been ignored

I think technical analysis works well with predicting a range, so this is why in my most optimistic view I think it could max go to 100k for now. Too many people will start to sell once it gets there, so the 300k I predicted earlier will be a bumpy ride. How fast we get there will depend on how high this upcoming rise will go.
249  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast on: July 19, 2017, 07:48:25 AM
Quite happy we did not have the big release during that clusterf#!k of last week. I was closely watching the buy and sell walls of VIA and noticed some huge orders this morning, breaking a huge sell wall in the higher 30s. I would not be surprised if we reach 100k by early August. Looking at support levels and how it rose very rapidly earlier I hope we make the following jump:



This of course might be overly optimistic. Do your own research before buying things. Smiley
250  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast on: July 14, 2017, 12:48:13 PM
When I read your kind of posts, I feel like not listening to complaining newbie posts that have other coins in their name...

Sure, keep on shouting "moon! moon!" then, without any reason, explanation or proof. Better 20 posts with usefull info then 1200 legendary moon posts.

Whatever man. Just look at my track record and you'll see I am not one for the moon, but more for realistic estimations. 300k is my target for within the year and I will happily remind you once it happens. ;-)
251  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast on: July 14, 2017, 11:48:38 AM
Yeah this is altcoin legend, everyone must know and now is the right time to buy before going to the moon again.

When I read those kind of posts, I feel like selling quick....

When I read your kind of posts, I feel like not listening to complaining newbie posts that have other coins in their name...
252  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast on: July 13, 2017, 03:24:55 PM
Check out these awesome Viacoin paper wallets made by Polymerbit:

https://www.polymerbit.com/product-page/alt-polymerbit-100-viacoin

Will post some pics here once mine arrive.

So basically $9 worth of Viacoin for $15? I'm not familiar with the rest of the offering, so not being a smartass here, just genuinely interested why you would buy this Smiley

It's a paper wallet made from high quality polymer, limited to 100 notes. These notes are printed using a high-end printer. They can be used as a cold storage (or gift) for Viacoin but it is mainly meant as a nice collectible. Polymerbit's notes are highly appraised in the collectibles market and they have proven to become (rare) collectible items. Check out my recent auction, where I sold 2 notes for 0.13 BTC: https://bitcointalk.org/index.php?topic=1970166.0

Edit: 100 VIA will be worth a lot more in a few months btw Grin.

9 dollar now in via is $300 in 2018 value indeed. :-D

You dream

No, I'm awake. Wink
253  Alternate cryptocurrencies / Announcements (Altcoins) / Re: | STRATIS | The first blockchain developed for businesses |Full POS on: July 11, 2017, 04:33:31 AM
Stepped out of Strat at the end of June and just ended up buying 3x as much back at 1/3 of the price. I think this might be the best buy back I have done ever. Especially with the buy walls at 100k, this is a no-brainer.
254  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] MOBILEGO Crowdfund [$53 Million] - Decentralized Mobile Gaming Solutions on: July 11, 2017, 01:47:20 AM
I'm really not concerned about the price at all, and neither should you guys. Once Pixels launches on mobile stores, and people are actually using MGO in game and it's being wagered and won in tourneys, price is going to explode. Just be patient my friends.

Me neither, so I just bought a large chunck of MGO.
255  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast on: July 11, 2017, 12:21:54 AM
Just bought myself a nice additional amount of VIA. It might dip further, but it will surely be worth much more by somewhere in November.
256  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast on: July 08, 2017, 07:29:45 PM
Check out these awesome Viacoin paper wallets made by Polymerbit:

https://www.polymerbit.com/product-page/alt-polymerbit-100-viacoin

Will post some pics here once mine arrive.

So basically $9 worth of Viacoin for $15? I'm not familiar with the rest of the offering, so not being a smartass here, just genuinely interested why you would buy this Smiley

It's a paper wallet made from high quality polymer, limited to 100 notes. These notes are printed using a high-end printer. They can be used as a cold storage (or gift) for Viacoin but it is mainly meant as a nice collectible. Polymerbit's notes are highly appraised in the collectibles market and they have proven to become (rare) collectible items. Check out my recent auction, where I sold 2 notes for 0.13 BTC: https://bitcointalk.org/index.php?topic=1970166.0

Seems a nice item to have, but what are the real benefits for having this besides it rises in value?



Think of it as the very first VIA collectable.  Polymerbit produces a high quality product and you wouldnt be dissapointed if you picked one up.  Could very well be worth a lot in the near future as VIA keeps growing.

Ordered one Cheesy
257  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast on: July 08, 2017, 11:05:31 AM
Check out these awesome Viacoin paper wallets made by Polymerbit:

https://www.polymerbit.com/product-page/alt-polymerbit-100-viacoin

Will post some pics here once mine arrive.

So basically $9 worth of Viacoin for $15? I'm not familiar with the rest of the offering, so not being a smartass here, just genuinely interested why you would buy this Smiley

It's a paper wallet made from high quality polymer, limited to 100 notes. These notes are printed using a high-end printer. They can be used as a cold storage (or gift) for Viacoin but it is mainly meant as a nice collectible. Polymerbit's notes are highly appraised in the collectibles market and they have proven to become (rare) collectible items. Check out my recent auction, where I sold 2 notes for 0.13 BTC: https://bitcointalk.org/index.php?topic=1970166.0

Edit: 100 VIA will be worth a lot more in a few months btw Grin.

9 dollar now in via is $300 in 2018 value indeed. :-D
258  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast on: July 08, 2017, 09:02:25 AM
Check out these awesome Viacoin paper wallets made by Polymerbit:

https://www.polymerbit.com/product-page/alt-polymerbit-100-viacoin

Will post some pics here once mine arrive.

So basically $9 worth of Viacoin for $15? I'm not familiar with the rest of the offering, so not being a smartass here, just genuinely interested why you would buy this Smiley
259  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast on: July 07, 2017, 09:05:36 AM
I'm struggling with understanding what problem exactly viacoin is trying to solve?
Basically it's just meant to be currency, right? So same as btc, ltc and a slew of others. What makes it stand out and what makes you think it could be stronger than the competition in the long run?

Not trying to argue, just generally curious...

In short the cryptospace is developing rapidly and VIAcoin is really fast at adopting the latest innovations. In the long run this will mean it will be more than a currency, but also applications can run on it.
260  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast on: July 04, 2017, 10:58:18 AM
Can someone explain to a newbie how VIAcoin is different than say Litecoin which has been around longer? Seems like they have many similar features?

I'm not really a tech guy (more of a finance guy) so take my opinion for what it's worth. Although there are a lot of similarities between VIA/LTC (in a good way) VIA has a completely different development team, investors are different, community is different. The road map and direction seem to differ as well. Styx is an element to be added to VIA down the road that will help with anon transactions, which is something I have not seen in LTC's road map. There are also rumors of master nodes which I do not know if is true, but that would also be something to consider. Main thing is that VIA has Romano working his butt off and then super investor Otoh buying & hoarding all the coins.

You also gotta keep in mind VIA is a much smaller coin. So it's easier for changes to implemented and from a financial point of view - there is more volatility in price movement. It's a lot easier for a coin like VIA to double (or drop) in price than it is for LTC. Just takes more money to move the #4 coin vs. the #70 (or whatever) coin VIA currently is. All around they are actually very different.

Funny to read this because this is exactly what I believe as well.
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