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381  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [YC] YellowCoin ★★10% Daily POS★★ Let's color the MOON !!!1.0.0.1 Updated on: May 06, 2014, 10:29:24 PM
10% pos daily, no wonder no one is selling,

For another week... then it's just ~3% annually. So nobody will be selling until then...when it will no longer make sense to hold. There will surely be a mass unloading.

I totally disagree. With ONLY 50,000,000 coins available at that time, i believe if the big bag holders are holding that we can see the moon. Remember 42? That was trading at 150BTC and hit 1800BTC on the first day it entered cryptsy. This can happen here too. I only own 100K coins, but i'm sure that we have a few with more then 1M coins, and if they hold and manipulate the price then we are in for a nice big profit.

Remember, YC is trading at less then 20% of Whitecoin scam and only 2% at Blackcoin, so a lot of movement can happen here...
+1
382  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [YC] YellowCoin ★★10% Daily POS★★ Let's color the MOON !!!1.0.0.1 Updated on: May 05, 2014, 11:20:43 PM

The POS rewards are coming in small chunks every few hours, but in addition it's roughly 10% per day.

I think that may happen if your wallet consists of several different addresses holding coins, they will be aging at different rates. I was just looking up my PoS rewards in the blockchain explorer (http://www.yellow-coin.com:1777/) and noticed that there are separate awards for each receiving address.
Good point. I've got 3 addresses.
383  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ☯ UniversityCoin UVC ☯ [PoW+PoS] PoW ends soon | Long-term Strategy on: May 05, 2014, 11:14:15 PM
aint no universities gonna touch this garbage coin. there is no strategy other than pumping on mintpal.

Is there a coin you don't spread FUD about or do you just like to troll?

is there a coin you dont buy and then pump?

do you like being a stupid fuck or do you enjoy masturbation more?

I have bought zero - I mine you stupid troll.

even stupider.  Grin

Why do you even waste your time on these forums, you obviously have no interest in mining or trading and no one likes you.

Everyone should check out his profile and recent post - he goes on every coin and spreads FUD... What a loooooser
+1 So true!
384  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [YC] YellowCoin ★★10% Daily POS★★ Let's color the MOON !!!1.0.0.1 Updated on: May 05, 2014, 10:38:28 PM
OK, for those of you who are running v1.0.0.1 with their wallet unlocked and yet don't think they are getting their 10% PoS:

First of all, have you received any PoS mining rewards since 4th May? If you have one in the last 24hrs yet it is far too small to be a 10% reward then something isnt right at all - suggest you backup your wallet.dat then flush all your YC files and the data folder from %user%/appdata/roaming, then reinstalling the new wallet from scratch.

If you haven't received any PoS mining reward at all (the crossed hammers symbol, listed as "mined" under Transactions) then close your YC wallet, wait 5 min and then reopen it and unlock it. Clcik the Help menu and "Debug Window", then from that window "Open" the debug log file. Start from the bottom end of the log and scroll up, you'll see a load of "IRC got who" lines then above that is the log of the wallet client starting. Important thing to look for is the "CPUMiner started for proof-of-stake" line, if its not there then your wallet isnt processing your PoS and you probably need to do the reinstall. There is a way you can disable the PoS CPUminer, but if you know enough to do that you probably dont need my help.

Assuming it all looks ok then you just need to be patient, and bear in mind how PoS works - I believe the YC system is based on that introduced originally by Peercoin, where the PoS minting process is dependent on your coin age in a sort of lottery process. Whilst your wallet is running and you have coins which have been sitting in it for longer than the required staking period (24 hours here), it will generate a block every so often attempting to "claim" your PoS reward. As in PoW mining your block has to be accepted by the network to be recorded as a successful transaction and your coins to be credited, otherwise it could be rejected as superceded (someone else beat you to it), or get orphaned as part of a rejected blockchain fork.

The PoS mining difficulty remains very low in order to make it possible for any CPU to create blocks, so that isnt used to enforce the 20sec block creation time. I'm guessing a bit here, and ppl are welcome to correct me, but looking at the blockchain explorer the critical factor seems to be average coin age, which is currently around 2.8 days. Bear in mind that when you receive a PoS reward the age of all your coins is reset to zero, so at the current rate you have to wait another 2 days and 20hrs to receive your next PoS reward. You dont lose out though, as you should get nearly 3 days worth of PoS interest then.

With so many actively staking wallets and a 20sec block time its not possible to average a daily payout, looks like around once every 3 days....



Thank you, very clear and concise! I have checked it out and all seems as it should be. I will leave the pc on for longer and hope the Stakes start rollling in!

Thank you again
The POS rewards are coming in small chunks every few hours, but in addition it's roughly 10% per day.
385  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ☯ UniversityCoin UVC ☯ [PoW+PoS] PoW ends soon | Long-term Strategy on: May 05, 2014, 10:27:23 PM
aint no universities gonna touch this garbage coin. there is no strategy other than pumping on mintpal.
Did you miss to buy UVC? Oh well.
386  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ☯ UniversityCoin UVC ☯ [PoW+PoS] Only 20m | Long-term Strategy on: May 05, 2014, 06:33:07 PM
dedicated is back online for me!!
Down again. I switched to http://uni.pool.mn/
387  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ☯ UniversityCoin UVC ☯ [PoW+PoS] Only 20m | Long-term Strategy on: May 05, 2014, 04:08:32 PM
Just have a back up pool, wont that work?

Well with some luck with this lovely coin I can pay back some of my tuition fees! *shakes fist at govt*
+1
I always do. That's why we are in cryptos. Grin
388  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ☯ UniversityCoin UVC ☯ [PoW+PoS] Only 20m | Long-term Strategy on: May 05, 2014, 12:21:51 PM
i wod like to see linux wallets, like BTC, LTC, FRANKO, ewen DAMA and murraycoin coin have working LINUX wallet.
Linux Mint or Ubuntu is standard , and best come frst from linux , Universitys like  MIT, 
90 % of internet work on linux.  Dev planing linux wallet ?


I compiled the wallet for 64bit Ubuntu.
https://mega.co.nz/#!185zDAKC!FXLzefpRTqtJ_1jre2xlBF4pmJWxgdCT5-5g6gLZ320
thanks , if it is posible for 32 bit ? all  BTC, LTC, FRANKO, even DAMA work on Mint 16 32bit (ubuntu)


Linux wallet sources are available since day 1, either 64 bit and 32 bit. Just compile it using "qmake" and "make". If you have both qt4 and qt5 installed use "qmake-qt4" instead of "qmake". Maybe you have to install certain dependencies before building. Just check the file ~/UniversityCoin/doc/readme-qt.rst.
389  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ☯ UniversityCoin UVC ☯ [PoW+PoS] Only 20m | Long-term Strategy on: May 04, 2014, 01:32:20 PM
Definitely. Thanks for the advise guys, we really appreciate it.

We will just continue on our path and will surely be noticed!

Blogs are being contacted this weekend so we should be making some more media appearances at the beginning of the week. Let us know what blogs we should contact too.
Did you contact CoinDesk?
390  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][STD] StandardCoin - BUILT-IN EXCHANGE - Permanently Rising Rate on: May 03, 2014, 03:22:11 PM
What is the deal with the website
Gone.
391  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ☯ UniversityCoin UVC ☯ [PoW+PoS] Only 20m | Long-term Strategy on: May 02, 2014, 04:26:38 PM
Dedicated seems to be dropping connection pretty bad right now.
make sure you've got your backup pools in your config everyone!

Same here, I can't stay connected


Sorry, we apologize.

Dedicated experienced a 60,000 connection per second DDoS on the University stratums this morning.  It was launched by other pool ops an in attempt to steal hash.  This is very rare, and our DDoS company should have stopped it.  They have now mitigated it and will not be affected by this type of attack again.

Please point your miners back to dedicated and lets start hashing away again.



UC.DEDICATEDPOOL.COM

Mining Information

  • Custom stratum/mpos environment
  • Vardiff enabled
  • PPNLS payout system
  • Everything is transparent - blocks, donations, fees.

Server Infrastructure

  • SIX(6) SERVERS IN CLUSTER
  • DDoS level 7 cloudflare, 5 and 3 stratum, and level at 1 switch level
  • 8 Core servers, 256GB DDR3 RAM, RAID 10 SSD
  • Ramdisks, memcaches, to make things go extremely quick

It is true that dedicated's website was down for a while, but as far as I see no shares were lost.
392  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ☯ UniversityCoin UVC ☯ [PoW+PoS] Only 20m | Long-term Growth Strategy on: April 30, 2014, 09:20:00 PM
good luck , this time should be ok..
Blocktime 6 sec on dedicated. Way too fast!
393  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ☯ UniversityCoin UVC ☯ [PoW+PoS] Only 20m | Long-term Growth Strategy on: April 30, 2014, 09:09:03 PM
Any pools working?


we are compiling the source now @ upool.co. almost done Smiley


We are online!
20 blocks per minute? WTF???
394  Alternate cryptocurrencies / Announcements (Altcoins) / Re: MGC Magneticoin SHA256 START 13.04.14 on: April 30, 2014, 10:06:15 AM
Any new node ?
Don't ride a dead horse.
395  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [YC] YellowCoin ★★ Pure PoS - 10% Daily ★★ Let's color the MOON !!! on: April 30, 2014, 12:23:25 AM
I'm looking forward to UniversityCoin: https://bitcointalk.org/index.php?topic=584689.new#new. It's going to start 21:00 UTC and is backed by university members.

Not your best idea, but shit happens ( it hit me too)
Let's see if the relaunch works.
396  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ☯ UniversityCoin UVC ☯ [PoW+PoS] Only 20m | Launch TODAY + Giveaways! on: April 29, 2014, 09:27:43 PM
If you would like a relaunch, please +1 this post. We are determined to get this right.
+1
397  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ☯ UniversityCoin UVC ☯ [PoW+PoS] Only 20m | Launch TODAY + Giveaways! on: April 29, 2014, 08:26:18 PM
As a linux user I won't have my wallet just on launch as it needs to compile first    Cry
Just start hashing away and wait for the things to come. A wallet isn't needed at launch if you mine at a pool.

That's why, I solo mine ! Nevermind, can't complain: using Linux is my choice  Grin
I'm on Linux too, but I prefer mining at a pool.
398  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ☯ UniversityCoin UVC ☯ [PoW+PoS] Only 20m | Launch TODAY + Giveaways! on: April 29, 2014, 08:22:24 PM
As a linux user I won't have my wallet just on launch as it needs to compile first    Cry
Just start hashing away and wait for the things to come. A wallet isn't needed at launch if you mine at a pool.
399  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ☯ UniversityCoin UVC ☯ [PoW+PoS] Only 20m | Launch TODAY + Giveaways! on: April 29, 2014, 07:33:34 PM
coins4everyone - you're constant spamming of this thread is reason enuf to stop me from using your pool.

+1
I usually stay away from spammers, so steering clear of this pool.
400  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ☯ UniversityCoin UVC ☯ [PoW+PoS] Only 20m | April 29th Launch + Giveaways! on: April 29, 2014, 07:28:17 PM
smart miners hold and iceberg....
What???

an iceberg order is selling a massive amount of coins in small chunks so that you don't drive down the value.

http://www.stock-trading-infocentre.com/iceberg-order.html

Thank you! I didn't know that.
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