A little unsure why this coin hasn't skyrocketed when some Masternodes are making almost $20/day? Am I right about that?
Shhhhh... |
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I also suggested to the dev that he implement a new way to submit your offers.
Basically when you list an item you put in the USD (or other currency) that you wish to make on the item. And the system would dynamically convert that to sling (USD-BTC-Sling) based on current market pricing.
That way even with market fluctuations your still getting what you want for an item. Versus the current system of listing it in sling.
I.E. BTC is at $240 USD, and Sling is at .00021400.
I list a phone for $240 USD, in the market place it would show it for 4672 sling.
If Sling jumps to .00042800, the market place would dynamically update it to 2336 sling. Same if BTC rises/falls.
He said he was already working/considering something like that and was working out the code behind it.
+7331 !!! Awesome idea Edit: I see what you're saying, so the price wouldn't be dependent on market fluctuations, that is a great idea! Market is too fragile at the moment. If a whale wanted to buy stuff cheaply he'd just dump a load to bring the value down for a while. Price pegging is a while off I think. Edit: Got that the wrong way around, had a few beers. *Hic* I think you take my point though; he'd pump so it'd cost fewer SLING to place his order. Presently at least, you know how many you'd be getting even if you don't know their value. I think for now there are safer, more important things to concentrate on  Its not really price pegging, its just making it so it will always be represented (dynamically updating) to a corresponding change in Sling/dollar value that was originally intended. In other words, if say I have x product and I want $120 usd for it, the Sling numerical/price value would keep updating or reflect its change so it would still always be $120 usd. Its not going to really matter; the current price of Sling... it'll just update/adjust the price (in Sling) of the product as needed. Later thoughts: I guess the main problem I see is what currency should it be checking against? Not everyone uses usd, and other currencies may be worth more or less. (even with btc, the value of that changes against other currencies) Might be more complicated than I thought.... Might not be that great of an idea  Silk Road pinned it's BTC price to USD, it's not at all a bad idea, just needs a bit more stability first I think. I'll happily list my old mobos on SLINGRoad if I know how many coins I'll be getting, but I'd be anxious to do so if I thought whales might easily manipulate that figure. I could list some stuff hoping to buy into a masternode, then be left short because someone was able to play this fledgling albeit hopefully awesome marketplace. Right now I at least need to feel confident that I'll receive as many SLING as I'd anticipated, all other factors are inconsequential until the volatility settles. Then you just institute a certain time frame. Like, 5-10 minutes to submit escrow as a buyer, 48 hours as seller to ship out. Up until that point that can be cancelled. 48 hours is enough time that any whale who is trying to manipulate the market for slingroad gain would be washed out. And yes, USD-BTC as a standard. Math is not hard. I want 240 for an object, BTC is 240 off blockchain.info, it takes 1 btc of sling to buy. If btc spikes to 480, it only takes .5 btc of sling to purchase. Could even get more in depth using like Bittrex as the standard exchange and use the API to calculate market depth. It would calculate how much Sling given current market depth to reach one btc. Not just last price. Yeah that's cool in theory, I suppose though that the more complicated it becomes the more difficult it'd be to implement, the more open to manipulation the market would become, and the more determined would be those who wish to manipulate. As of now I for one think I'd feel more confident knowing that I'd receive the number of SLING i'd anticipated when I listed an item for sale. I expect SLING's value relative to other currencies to be volatile for now, I can live with that as long as I at least get the number of coins i'd anticipated, and as of now that's what I'd get regardless of whales, trolls and well, all the other exploits deviants might conjure. So you're saying you'd rather get a set amount of sling, vs a set VALUE of sling? Meaning 1 btc worth regardless of the market value of sling. So if you sell a $500 asic, you don't care if you only got $75 in sling, as long as you got the initial amount of sling you wanted Please, sell me your stuff. And actually, the more complex the pricing algorithm is, the less susceptible it should be.. |
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I also suggested to the dev that he implement a new way to submit your offers.
Basically when you list an item you put in the USD (or other currency) that you wish to make on the item. And the system would dynamically convert that to sling (USD-BTC-Sling) based on current market pricing.
That way even with market fluctuations your still getting what you want for an item. Versus the current system of listing it in sling.
I.E. BTC is at $240 USD, and Sling is at .00021400.
I list a phone for $240 USD, in the market place it would show it for 4672 sling.
If Sling jumps to .00042800, the market place would dynamically update it to 2336 sling. Same if BTC rises/falls.
He said he was already working/considering something like that and was working out the code behind it.
+7331 !!! Awesome idea Edit: I see what you're saying, so the price wouldn't be dependent on market fluctuations, that is a great idea! Market is too fragile at the moment. If a whale wanted to buy stuff cheaply he'd just dump a load to bring the value down for a while. Price pegging is a while off I think. Edit: Got that the wrong way around, had a few beers. *Hic* I think you take my point though; he'd pump so it'd cost fewer SLING to place his order. Presently at least, you know how many you'd be getting even if you don't know their value. I think for now there are safer, more important things to concentrate on Its not really price pegging, its just making it so it will always be represented (dynamically updating) to a corresponding change in Sling/dollar value that was originally intended. In other words, if say I have x product and I want $120 usd for it, the Sling numerical/price value would keep updating or reflect its change so it would still always be $120 usd. Its not going to really matter; the current price of Sling... it'll just update/adjust the price (in Sling) of the product as needed. Later thoughts: I guess the main problem I see is what currency should it be checking against? Not everyone uses usd, and other currencies may be worth more or less. (even with btc, the value of that changes against other currencies) Might be more complicated than I thought.... Might not be that great of an idea Silk Road pinned it's BTC price to USD, it's not at all a bad idea, just needs a bit more stability first I think. I'll happily list my old mobos on SLINGRoad if I know how many coins I'll be getting, but I'd be anxious to do so if I thought whales might easily manipulate that figure. I could list some stuff hoping to buy into a masternode, then be left short because someone was able to play this fledgling albeit hopefully awesome marketplace. Right now I at least need to feel confident that I'll receive as many SLING as I'd anticipated, all other factors are inconsequential until the volatility settles. Then you just institute a certain time frame. Like, 5-10 minutes to submit escrow as a buyer, 48 hours as seller to ship out. Up until that point that can be cancelled. 48 hours is enough time that any whale who is trying to manipulate the market for slingroad gain would be washed out. And yes, USD-BTC as a standard. Math is not hard. I want 240 for an object, BTC is 240 off blockchain.info, it takes 1 btc of sling to buy. If btc spikes to 480, it only takes .5 btc of sling to purchase. Could even get more in depth using like Bittrex as the standard exchange and use the API to calculate market depth. It would calculate how much Sling given current market depth to reach one btc. Not just last price. |
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Not alot of volume because no one is dumping either. Only about 250k at most on Trex total, and that's 200k between 4 wallets. People aren't selling.
No volume doesn't mean dead necessarily, means people are holding, and staking. But at the same time, no one is buying. They are holding to see what's going to happen.
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I also suggested to the dev that he implement a new way to submit your offers.
Basically when you list an item you put in the USD (or other currency) that you wish to make on the item. And the system would dynamically convert that to sling (USD-BTC-Sling) based on current market pricing.
That way even with market fluctuations your still getting what you want for an item. Versus the current system of listing it in sling.
I.E. BTC is at $240 USD, and Sling is at .00021400.
I list a phone for $240 USD, in the market place it would show it for 4672 sling.
If Sling jumps to .00042800, the market place would dynamically update it to 2336 sling. Same if BTC rises/falls.
He said he was already working/considering something like that and was working out the code behind it.
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dumbass shiiiiiiiiiiiiit coin!!!
Bro, what is the reason of such reaction? Did this coin harm you in any way? Show us on the doll where the coin hurt you. Ahaha shit +1 |
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I'll also note, I just broke 7d of up time (7d 2h) and I've made 15k on the MN. So about 2k a day is right. This was after the bigger POS blocks also, so numbers aren't skewed by that, I restarted it after those blocks.
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someone dumped 30K Grav.
only a monkey would sell like that. i hope those 30k graviton that he sold like that become worth 30 btc. It might have been a masternode that tipped. What do you mean by 'tipped' ? We are down a MN or two. 8 on list atm. Just more for me. |
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When is Trex doing the swap also then? And I pm'd you, have not received my swap from my personal wallet either.
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Yea that one, I updated wallet but didn't update the blockchain.
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I think there must be a fork. In my wallet I'm on 17458, with 7 connections. According to your block explorer my last POS block was 4 days ago. So we forked sometime in POS around block 12055...
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Because the guy shut down 5 masternodes looks like. |
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There are days where you are just like.... wtf....
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http://explorer.bitseeds.org:3001/tx/168b6e6e0cbbb4509c918f1065e2d918c961111ab3c7ec74fe816d4e520f1a8aSo you are saying this transaction never took place? Where the foundation additionally sent 1 million to two additional addresses. And if the Foundation wallet is staking, which it is, then why aren't the other wallets staking, those funds were sent on May 4th? And if the Foundation wallet is staking, those funds should be sent back. If you don't like people calling out your shady doings, then you shouldn't use the facade of a charitable organization.
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Hope you guys realize that in most states deceptive solicitation of charitable funds by a Non-Profit is a misdemeanor. Which pretty much is your entire coin.
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The BitSeeds Custody Address
---------------------------
The custody amount of 100,000,000 BITS was generated in Block 1 and shall be staked for seven days to form a core of funds to kickstart the BitSeeds Foundation. The custody amount is to be held in a 3-of-4 multisig wallet (BhHpy32LSFgpqNp8ZUpq1dvyJYkuG83JTW) generated with the following public keys:
> **Gabe Aronovich**
> 02f79cdcc8dde477bd4547fda9bc4405081067da7e631dcfb01fce0bc5e0b0402a
> **Coin.co**
> 0314b1e751d0ae6d51805820ea5f64b9fc879454341e259d9b1a919e4710e9ede7
> **Rainforest Foundation**
> 028b9da0d90bc9919648dc95dc07e4c8ac18512277acf6d9620bd24264de8920eb
> **Bryce Weiner**
> 02567e06ff807804a16f189e43f3da8b6647bb0ad1a616386b0aa3e27363a2bdb6
The custody amound shall not be spent, but shall be staked no more frequently than a quaterly basis after the initial seven days following launch. Interest generated will be directly reinvested into development of the BitSeeds ecosystem by incentivizing participants and vendors to accept BitSeeds for the automatic charitable tax deduction (see below). The interest paid on the first seven days shall be held and staked by the BitSeeds Foundation as a means of thanking donors for supporting our mission and that of the Rainforest Foundation.
Love how none of this is true.... The custody wallet sent out 6 million bitseeds to a few addresses, dropping it below the 100,000,000,000 custody amount. Also they have been staking the wallet the entire time and not for only 7 days once per quarter. No your statement is not true. We have not been staking the entire time. We just started staking after we had the issues with the blockchain. The amount you see that left the wallet around 6mil went into staking wallets and will return to the original wallets days from now. We cannot stake them in the multi sig wallet, but are working on creating that feature. Maybe I'm stupid, but http://explorer.bitseeds.org:3001/block/b329219bada5fb0f6ec96376713937e6904a313b007d4e7e0637c4bcc4ce749a sure does look like your foundation wallet is staking......and always has been. But I'm pretty sure you guys are just so full of it that it is fucking funny. BITS txid: 75222ba774ea366bb6339f0aa97277e57ee70380a3a275a0775eb1239f7c55c3 Confirmations Block Hash Timestamp 9 b329219bada5fb0f6ec96376713937e6904a313b007d4e7e0637c4bcc4ce749a 11th May 2015 09:29:20 Input Addresses Address BITS txid: 75222ba774ea366bb6339f0aa97277e57ee70380a3a275a0775eb1239f7c55c3 Confirmations Block Hash Timestamp 9 b329219bada5fb0f6ec96376713937e6904a313b007d4e7e0637c4bcc4ce749a 11th May 2015 09:29:20 Input Addresses Address PoSRecipients Address Amount (BITS) bUfeq4Dnw7z8ahAivsFhGDzhLQDa5nqGmG 254.46742719 Recipients Address Amount (BITS) bUfeq4Dnw7z8ahAivsFhGDzhLQDa5nqGmG 254.46742719 |
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500 blocks with 1 reward is too much...
maybe i should continue and launch my coin... all blocks the same value but i developed a change in the code to prevent too big instant mine Is it called...difficulty.... And what about block times |
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Oh, and why do the amounts per stake transaction show much higher amounts than the stake when it is a masternode stake e.g. my last 5 blocks are 200, 193, 471, 1037, 490 but of course the actual amount staked is only 15 per block. Is this the whole amount of the transactions in the block
yeah its just a gui bug or something but the actual amount is half of the pos reward so if the pos reward is 30, then you get 15 coin. if its 40 then you get 20 coins. I've noticed that also, I think the masternode processes the actual transactions for the block that you are awarded on. So if you land block 31732 and there are 10 transactions in that block, all 10 show up in your mined list for your Graviton Node Address, but you really only get the Node reward. |
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The BitSeeds Custody Address
---------------------------
The custody amount of 100,000,000 BITS was generated in Block 1 and shall be staked for seven days to form a core of funds to kickstart the BitSeeds Foundation. The custody amount is to be held in a 3-of-4 multisig wallet (BhHpy32LSFgpqNp8ZUpq1dvyJYkuG83JTW) generated with the following public keys:
> **Gabe Aronovich**
> 02f79cdcc8dde477bd4547fda9bc4405081067da7e631dcfb01fce0bc5e0b0402a
> **Coin.co**
> 0314b1e751d0ae6d51805820ea5f64b9fc879454341e259d9b1a919e4710e9ede7
> **Rainforest Foundation**
> 028b9da0d90bc9919648dc95dc07e4c8ac18512277acf6d9620bd24264de8920eb
> **Bryce Weiner**
> 02567e06ff807804a16f189e43f3da8b6647bb0ad1a616386b0aa3e27363a2bdb6
The custody amound shall not be spent, but shall be staked no more frequently than a quaterly basis after the initial seven days following launch. Interest generated will be directly reinvested into development of the BitSeeds ecosystem by incentivizing participants and vendors to accept BitSeeds for the automatic charitable tax deduction (see below). The interest paid on the first seven days shall be held and staked by the BitSeeds Foundation as a means of thanking donors for supporting our mission and that of the Rainforest Foundation.
Love how none of this is true.... The custody wallet sent out 6 million bitseeds to a few addresses, dropping it below the 100,000,000,000 custody amount. Also they have been staking the wallet the entire time and not for only 7 days once per quarter. |
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Anyone notice that Isotopes wallet is EXACTLY the same, minus the logo was changed...
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