you just not making any development the coin from yobit got dumped any plan? it is a big loss because of trusting your coin but thats okay if this alt build like that it is just a experience thing for me. thank you for still replying. good luck

It is always good to be positive. I am also a glass is half full type of person.

The law of economics always has the final say though in these type of things. It is like gravity which is a law of nature - when you drop a stone it will fall to earth. Lets see because there is always a chance that a stone will fall upwards and not downwards, it is just that the probability is higher that it will fall down and not up.

oh,

Booooo to the sellers....

for the near zero investment people put into this coin you think you would wait and see what happens with HIPOS.

my 30 odd coins from a few days ago is now cracking around 700!! I dont care if I dont get to sell them right away it's just fun to watch for the few bucks I put in.

Good explanation above, Nail-Head-Hit


The Slots game will add some reason to hold onto PEX to play around with.

In part 1 I told you guys how to prepare for a staking coin. This is part 2 and I can now post this because of the phase the coin is in now and is past the point of sensitivity.

When a dev codes hipos into a coin he signs the coin's death warrant, because of the economic principles of supply vs demand that dictate the path ahead. Hipos sounds sexy but if you look at the numbers, the inflation is so high that supply quickly outstrips demand. 99% of holders have the same objective which is short term profit and this objectives weighs heavily on the supply side and very light on the demand side. For a while people hoard coins to get hipos but soon realize that as their balance grows the price goes down because others are executing their strategy. The moneysupply grows really fast and there is a generally accepted ratio of price vs money supply (with certain attributes being equal) that can only be upset with some sort of very special attribute - a good example is eth where the normal ratio of price vs money supply does not apply due to the block chain services creating demand.

With hipos the moneysupply grows so quickly creating a hi-supply that causes the price to tank very quickly accordingly, especially since 99% wants to execute their short term profit strategy and mostly at the same time. It is therefore imperative that when you participate in a hipos coin that you firstly prepare your input blocks as I explained in part 1. You then need to hoard as much as possible coins before the deadline which is max age. When time to hipos < max age you must not tamper with your input blocks so as to not disturb your coin age. At this point if you do get more coins create a second input block. As hipos approaches, watch the blocks and activate POS 1 block after hipos starting block. When you get a stake, assess the market and take a portion of your stake to the market and combine the rest into one input block. You might do one or max two more stakes before you get out completely to prevent a situation where you hoarded too many coins but no demand remains in the market which = big losses. You can always get back in later at a fraction of the price discounting the projected short term moneysupply and finding the matching acceptable price at that moneysupply.

The next important principle is the active coins. Roughly 10% of moneysupply is in play and the rest is irrelevant and is dead and stored in wallets somewhere, unless of course distribution is very wide. In this case I am referring to when the population is the usual suspects in cryptoland. You need to work on obtaining a percentage of that active 10%. There is a point where it does not matter if you have 10,000 coins or 100,000,000,000 coins because there is only a market for that small percentage. Although you can keep on hoarding coins, it is not optimal to invest more than 10% of the moneysupply. If you are quick, you can make your own balance the active coins. There is an exception where hoarding coins is acceptable and makes sense and that is where profit is not the objective but as an anti-dumping measure for a special coin that you deem has a long term potential and you want to assist the coin.

To summarise I think it is a pity that the hipos was coded into this coin and it was disappointing to me, although it is the dev's prerogative. It immediately forces a certain behavior which is actually not ideal and which is contrary to what is required for long term survival of a coin. The outcome is always the same as one can see with other hipos coins like 10k and cionz. The outcome is always the same. Always. Actually. there are 2 exceptions. If an attribute can be found that upsets the general price vs money supply ratio of the coin and the attribute creates demand (wink-wink to the dev if he wants to make this coin successful and counter the normal statistics). The other exception I wont go into now.

Finding the optimal decision points and strategy can be very entertaining. In this case Yobit being down provided a curve ball, but the quick addition of C-CEX was pure blue sky.

The best for a coin is to have a steady money supply.

Runaway dev, abandoned coin. The end.-

I have been offline for a few days but damn People dumping PEX hard!!!

"Coin is not broken, just get a few more coins to your wallet and stake then. You are getting orphan blocks, because everybody else is staking at the same time. It is fierce and competitive - only those with enough coins will claim all the stake blocks."


I had enough coins and already staked some. My wallet started hanging somewhere around block 31000 and now it's not syncing whatsoever. Not with a new wallet, and not with a clean .conf file. I'll let it run to collect some more of that orphan gore, but I doubt it will catch up.

By the way. How should I get more coins in my wallet if it is not syncing, hm?

Trying to sync, but my debug is filled with this garbage. I had a nice stake weight, but now I believe this coin is broken. Too bad.

received block 00000000000000215953
ProcessBlock: ORPHAN BLOCK, prev=0000000000001300196e
ThreadRPCServer method=getinfo
received block 0000000000001300196e
ProcessBlock: ORPHAN BLOCK, prev=fdbbc4dd8adeca5769e3
received block fdbbc4dd8adeca5769e3
ProcessBlock: ORPHAN BLOCK, prev=0000000000000b50175f
received block 0000000000000b50175f
ProcessBlock: ORPHAN BLOCK, prev=f9004fa642ed645daff5
received block f9004fa642ed645daff5
ProcessBlock: ORPHAN BLOCK, prev=38348ec9a39ea1ad4d98
received block 38348ec9a39ea1ad4d98
ProcessBlock: ORPHAN BLOCK, prev=00000000000010261cd6
ThreadRPCServer method=getinfo
received block 00000000000010261cd6
ProcessBlock: ORPHAN BLOCK, prev=0000000000000d70cc52
received block 0000000000000d70cc52
ProcessBlock: ORPHAN BLOCK, prev=0000000000000862c74c
received block 0000000000000862c74c
ProcessBlock: ORPHAN BLOCK, prev=000000000000070935d4
received block 000000000000070935d4
ProcessBlock: ORPHAN BLOCK, prev=53ba892a95417598513a
ThreadRPCServer method=getinfo
received block 53ba892a95417598513a
ProcessBlock: ORPHAN BLOCK, prev=81be421a6ceb42e16d92
received block 81be421a6ceb42e16d92
ProcessBlock: ORPHAN BLOCK, prev=a857be7f18584ef2e685
received block a857be7f18584ef2e685
ProcessBlock: ORPHAN BLOCK, prev=00000000000006648965
received block 00000000000006648965
ProcessBlock: ORPHAN BLOCK, prev=c2e036aca7e0a7b485d4
ThreadRPCServer method=getinfo
received block c2e036aca7e0a7b485d4
ProcessBlock: ORPHAN BLOCK, prev=000000000000111db997
received block 000000000000111db997
ProcessBlock: ORPHAN BLOCK, prev=0000000000000190ac9d
received block 0000000000000190ac9d
ProcessBlock: ORPHAN BLOCK, prev=61a431542d693dfda516
received block 61a431542d693dfda516
ProcessBlock: ORPHAN BLOCK, prev=000000000000058c13ec
received block 000000000000058c13ec
ProcessBlock: ORPHAN BLOCK, prev=0000000000000f2e0ded
ThreadRPCServer method=getinfo
received block 0000000000000f2e0ded
ProcessBlock: ORPHAN BLOCK, prev=0963833b5bfacb98c25d
received block 0963833b5bfacb98c25d
ProcessBlock: ORPHAN BLOCK, prev=0000000000000ca446ba
received block 0000000000000ca446ba
ProcessBlock: ORPHAN BLOCK, prev=b49c53439677fa9a4c60
ThreadRPCServer method=getinfo
received block b49c53439677fa9a4c60
ProcessBlock: ORPHAN BLOCK, prev=00000000000005232970

Do you guys think its worth, or it good for crytoworld a 1 satoshi ico coin with an "amazing" roadmap, gain and gain attention, hitting +50 pages at topic, only because yours especulation and investiment?

i have 5 pex in my wallet when i get stake ? and how many ?

Yobit have been messaged Once again as we see the wallet is in maintenance. We Told them to update the day it got released so we do not know what the isuue is. Warden said they would update it and sort it but seems still waiting

Don't forget to vote on getting BIGUP on CCEX. Thursday will be here quicker than you think.