22 Hours until Halving  24.125 hour to be exact ( ( 2880 * 7 ) - block height ) / 60 / 2 |
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wow, its just falling, bought at 3.  i bought at 8 and im not worried |
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http://www.youtube.com/watch?v=kNgeKy1kPZ8BTW, those who quoted me, please correct the supply rate reduction factor the current rate of ZEIT per day is 2880 * 650000 = 1872000000
--PoS included from this point, assuming every coin is left to age and generate PoS blocks--
after week six it will be 17126167 ZEIT/day
thats a 1093 reduction in supply growth, even if you look at it from week six, it will still be a factor of 3.4
expect bigger factors when considering not all coins will be 100% PoSing
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can or does anyone on here know exactly what determines a coins value? what is it that makes the value go up or down? or does no one actually know? I have an idea but im baffled because it seems values are easily manipulated, even one person alone is able to spike or completely flat line a coins value if they have enough resources at their disposal. Iv done a search online for answers but found nothing.
Supply and demand. Simple as that, sure there will be short term anomalies but in the long run it's all about supply and demand. This is what makes coins like zeit with a 99 billion coin float almost guaranteed to be stuck in low valuations. It takes an enormous demand to overcome that kind of supply. unlike DOGE, the supply will come in much slower in less then 3 months 57% of DOGE's have been mined it will take ~10+ years for ZEIT to get to 57% for the time being you can expect 25%-32% during this year yeah but it' still fast mining.. 12.75% in week one alone.. then 25% by end of week 6.. after that it gets to 31.25% in a year and 6 weeks.. then it only REALLY slows down after that. hell, there's hardly any reason to mine after week 2 let alone the full 6 weeks lol. by your logic people should have given up on DOGE after the first month, in 1.13 months it was at 25% of supply mined its only fast for the first 6 weeks, then it drops dramatically, value will shoot up how dramatically? lets put it into perspective the current rate of ZEIT per day is 2880 * 650000 = 1872000000 after week six it will be 2880 thats a 650000 reduction in supply growth, even if you look at it from week six, its still be a factor of 20312 Listen I actually consider myself at least someone who know the market of these coins very well. I only mess with POW\POS hybrids or coins with hype (AUR, MAZA) and long term with coins that have actual innovation (dark, premine) ect. There is few things you MUST watch out for and other clues that help. 1. How hot is the thread? 2. If there is a premine, is it large? If it is not large, is it being used properly? 3. Is there long term wallet problems? 4. Did the dev disappear or has the website gone down? 5. If the price starts to rise to a point when people say things like "we are going to 100 satoshi" if its already up 2000% sell. You will make money if you follow these rules your not dealing with your usual coin here, unless the dev deviates from what i expect and i fail in my own projects that will come of use to this coin Have you ever noticed that 1 team devs are usually good at either marketing or programing but never both lol. I could take over programming if that needed be, I want a cryptocoin for my purpose, which is directly inline with TZM. also do not underestimate the power of a singular individual, provided the dev is passionate and purpose driven, we could have a coin that leads the way to innovation its too early to tell if the dev is such, but given my support, i dont think there is any other option, progress or fork. technically, its not a 1 dev operation, open source means at any point anyone can contribute |
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can or does anyone on here know exactly what determines a coins value? what is it that makes the value go up or down? or does no one actually know? I have an idea but im baffled because it seems values are easily manipulated, even one person alone is able to spike or completely flat line a coins value if they have enough resources at their disposal. Iv done a search online for answers but found nothing.
Supply and demand. Simple as that, sure there will be short term anomalies but in the long run it's all about supply and demand. This is what makes coins like zeit with a 99 billion coin float almost guaranteed to be stuck in low valuations. It takes an enormous demand to overcome that kind of supply. unlike DOGE, the supply will come in much slower in less then 3 months 57% of DOGE's have been mined it will take ~10+ years for ZEIT to get to 57% for the time being you can expect 25%-32% during this year yeah but it' still fast mining.. 12.75% in week one alone.. then 25% by end of week 6.. after that it gets to 31.25% in a year and 6 weeks.. then it only REALLY slows down after that. hell, there's hardly any reason to mine after week 2 let alone the full 6 weeks lol. by your logic people should have given up on DOGE after the first month, in 1.13 months it was at 25% of supply mined its only fast for the first 6 weeks, then it drops dramatically, value will shoot up how dramatically? lets put it into perspective the current rate of ZEIT per day is 2880 * 650000 = 1872000000 --PoS included from this point, assuming every coin is left to age and generate PoS blocks-- after week six it will be 17126167 ZEIT/day thats a 1093 reduction in supply growth, even if you look at it from week six, it will still be a factor of 3.4 expect bigger factors when considering not all coins will be 100% PoSing Listen I actually consider myself at least someone who know the market of these coins very well. I only mess with POW\POS hybrids or coins with hype (AUR, MAZA) and long term with coins that have actual innovation (dark, premine) ect. There is few things you MUST watch out for and other clues that help. 1. How hot is the thread? 2. If there is a premine, is it large? If it is not large, is it being used properly? 3. Is there long term wallet problems? 4. Did the dev disappear or has the website gone down? 5. If the price starts to rise to a point when people say things like "we are going to 100 satoshi" if its already up 2000% sell. You will make money if you follow these rules your not dealing with your usual coin here, unless the dev deviates from what i expect and i fail in my own projects that will come of use to this coin |
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can or does anyone on here know exactly what determines a coins value? what is it that makes the value go up or down? or does no one actually know? I have an idea but im baffled because it seems values are easily manipulated, even one person alone is able to spike or completely flat line a coins value if they have enough resources at their disposal. Iv done a search online for answers but found nothing.
Supply and demand. Simple as that, sure there will be short term anomalies but in the long run it's all about supply and demand. This is what makes coins like zeit with a 99 billion coin float almost guaranteed to be stuck in low valuations. It takes an enormous demand to overcome that kind of supply. unlike DOGE, the supply will come in much slower in less then 3 months 57% of DOGE's have been mined it will take ~10+ years for ZEIT to get to 57% for the time being you can expect 25%-32% during this year yeah but it' still fast mining.. 12.75% in week one alone.. then 25% by end of week 6.. after that it gets to 31.25% in a year and 6 weeks.. then it only REALLY slows down after that. hell, there's hardly any reason to mine after week 2 let alone the full 6 weeks lol. by your logic people should have given up on DOGE after the first month, in 1.13 months it was at 25% of supply mined its only fast for the first 6 weeks, then it drops dramatically, value will shoot up how dramatically? lets put it into perspective the current rate of ZEIT per day is 2880 * 650000 = 1872000000 --PoS included from this point, assuming every coin is left to age and generate PoS blocks-- after week six it will be 17126167 ZEIT/day thats a 1093 reduction in supply growth, even if you look at it from week six, it will still be a factor of 3.4 expect bigger factors when considering not all coins will be 100% PoSing |
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can or does anyone on here know exactly what determines a coins value? what is it that makes the value go up or down? or does no one actually know? I have an idea but im baffled because it seems values are easily manipulated, even one person alone is able to spike or completely flat line a coins value if they have enough resources at their disposal. Iv done a search online for answers but found nothing.
Supply and demand. Simple as that, sure there will be short term anomalies but in the long run it's all about supply and demand. This is what makes coins like zeit with a 99 billion coin float almost guaranteed to be stuck in low valuations. It takes an enormous demand to overcome that kind of supply. unlike DOGE, the supply will come in much slower in less then 3 months 57% of DOGE's have been mined it will take ~10+ years for ZEIT to get to 57% for the time being you can expect 25%-32% during this year I think also it is too early to determine as it will depend on what infrastructure will come with ZEITCOIN and what is rolled out in future. For now the Whales and miners will dump coin cheapo. I for one will not dump my half a million or so ZEIT for 1 or 2 sats. I am going to be patient and hold and wait and see..  nothing to determine, this is calculated supply had you confused my numbers for valuation expectation? |
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can or does anyone on here know exactly what determines a coins value? what is it that makes the value go up or down? or does no one actually know? I have an idea but im baffled because it seems values are easily manipulated, even one person alone is able to spike or completely flat line a coins value if they have enough resources at their disposal. Iv done a search online for answers but found nothing.
Supply and demand. Simple as that, sure there will be short term anomalies but in the long run it's all about supply and demand. This is what makes coins like zeit with a 99 billion coin float almost guaranteed to be stuck in low valuations. It takes an enormous demand to overcome that kind of supply. unlike DOGE, the supply will come in much slower in less then 3 months 57% of DOGE's have been mined it will take ~10+ years for ZEIT to get to 57% for the time being you can expect 25%-32% during this year |
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take it easy people, we still have allot of dump as you mine miners on our network, they are gona jump ship once difficulty halves.
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where ZEITCOIN on Cryptorush?  under maintenance hashstrike frontend is being real slow, also whats up with the ip last logged in from |
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any predictions on what will happen when we reach closer to block halving and after? just throw em out there! maybe even put a lil wager on it for a luagh?  haha not sure about anything significant happening on the first block halving, its the other 2 that i expect will make the price jump |
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how many hours to block halving ?? by my count its 16hours ?
getinfo blocks = 16397 7 days of blocks = 20160 20160 - 16397 = 3763 4763 / 60 / 2 = 31.358333333333333333333333333333 hours |
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any one here read The Daemon by Daniel Suarez?
nope, looked it up though, not a fan of fiction and technothriller just sounds strange haha Believe its a good book though. second time you have mentioned it, howcome? very relevant to decentralized and distributed technologies and future it would also give an idea of how id like to see this coin being applied |
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any one here read The Daemon by Daniel Suarez?
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hunter gather society's did not need trade
So the hunters only ate meat and the gatherers only nibbled on plants/roots/berrys? Must have been horrible sitting there around the camp fire watching the other half of your little tribe consume something you couldnt swap for! no, anything they gathered was common to the tribe and shared, no trading was involved just like a family |
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The movies claim they want to live with no currency, no money. The only way of getting there is to first make sure everyone has too much of it. Then it becomes meaningless automatically. This will NEVER happen as long as it's in the hands of governments and central banks. The first step is to decentralize it.
not exactly, money is only a proxy to other resources, we need to make those resource abundants, not money I agree 100% but zeitcoin is not a resource, it's currency. Different debate entirely. One leads to the other. Any goal in life is only reached through understanding the steps toward the goal. but zeitcoin would be obsolete in a post-scarcity environment, we might use the blockchain technology for other purposes tho I think you should not stop talking to them. The meaning of cryptocurrencies is usually misunderstood by many people. The zeitgeist movement will have to admit that they need something to trade. If it is a resource or something else, a world without trade is impossible (it has been there since the beginning of mankind). But what is important with cryptocoins is that you could put rules on it and because it is distributed over the whole world, one person alone can not change it (if the rest of the world does not agree). So corruption, debts, ... can be controlled. If that is not what the ZeitGeist Movement stands for, then I don't know. Of course the process will take along time. But you have to start somewhere. Are cryptocoins currencies? currently yes, otherwise it cannot exist. In the future, it can be a trading good supported by the people for the people. hunter gather society's did not need trade if we manage the earth correctly we would not need trade, trade assumes ownership, what if their is no ownership? not owning does not imply mandatory sharing I'm sorry, I haven't seen the 3rd movie (only the first), but people having no ownership seems to me you need a central system enforcing that. And just centralizing creates corruption. Looks like communism. To my opinion it is much better when people themselves have really control. That's great about open source society. Look for example at OpenOffice, the people were not happy with the way it goes, so libreoffice was forked. Same with cryptocurrencies, if we in the future would have one (or more) cryptocoin(s) that are widespread but people detect corruption with it or power influence or whatever. Someone just can create another and if he has enough people behind it, it will become again the standard. That's real power to the people. not at all centralized, prima facie associations dont make for good disscussions go watch Zeitgeist Moving Forward, or better yet check out the Orientation Presentation (dated tho) www.youtube.com/watch?v=3Ngs-tOybJcwe are definitely for open source |
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The movies claim they want to live with no currency, no money. The only way of getting there is to first make sure everyone has too much of it. Then it becomes meaningless automatically. This will NEVER happen as long as it's in the hands of governments and central banks. The first step is to decentralize it.
not exactly, money is only a proxy to other resources, we need to make those resource abundants, not money I agree 100% but zeitcoin is not a resource, it's currency. Different debate entirely. One leads to the other. Any goal in life is only reached through understanding the steps toward the goal. but zeitcoin would be obsolete in a post-scarcity environment, we might use the blockchain technology for other purposes tho I think you should not stop talking to them. The meaning of cryptocurrencies is usually misunderstood by many people. The zeitgeist movement will have to admit that they need something to trade. If it is a resource or something else, a world without trade is impossible (it has been there since the beginning of mankind). But what is important with cryptocoins is that you could put rules on it and because it is distributed over the whole world, one person alone can not change it (if the rest of the world does not agree). So corruption, debts, ... can be controlled. If that is not what the ZeitGeist Movement stands for, then I don't know. Of course the process will take along time. But you have to start somewhere. Are cryptocoins currencies? currently yes, otherwise it cannot exist. In the future, it can be a trading good supported by the people for the people. hunter gather society's did not need trade if we manage the earth correctly we would not need trade, trade assumes ownership, what if their is no ownership? not owning does not imply mandatory sharing |
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I never did receive the remaining balance from hashstrike being down yesterday. I knew this would be the case when I saw that one lump payment that was miserably low.
Anyone that has any payout issues, PLEASE, either PM me or email me at hashstrike at gmail dot com. I will make sure that your account gets fully reviewed. there seems to be a problem with the unconfirmed account balance, stays 0 |
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when will pos mining start? And is it 25% per month?
25% annually PoS blocks are generated by your wallet after your coins accumulate over 20 days so if I have 5000000 coins, if i run it like 3-4 hours everyday, do I still get 25% (1250000 coins) annually? yes |
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