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601  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: July 31, 2015, 08:00:43 PM
I just want to confirm this is not cryptsy that is staking

Currently we are not staking any tekcoin

The storage wallet is offline

And the hot wallet hasnt staked a block in

"confirmations" : 92146,

I have given more info to blunder to prove this. But I dont want to make most of that info public



95% POS difficulty come from the is address:
BqRKDoDh9ZDShkee6NDf2LTSALsQ2XRAai
https://blockexperts.com/tek/address/BqRKDoDh9ZDShkee6NDf2LTSALsQ2XRAai

looks like Cryptsy's wallet.

A few things to consider:
If it is indeed Cryptsy's wallet, that means they are making profit off this coin and less likely to delist it in times of low volume.
I'm not defending their actions for sure, but we are vulnerable with only this one exchange. Bittrex seems fickle and would likely delist it in a bear market. It might be better to make a bounty and go for a big Chinese exchange like BTC38. With 2500+ BTC volume/day and lots of new eyes, TEK might do better there. JMHO.
One more thing: The higher the difficulty, the less coins are issued, which means every coin is more valuable. So in the end, your overall wealth may be the same regardless. If you consolidate your blocks, you should stake before Cryptsy with its many small blocks. At least that's what I've noticed. Even at .003+, my big blocks stake almost immediately.

They do stake immediately, but the number of blocks in that big wallet staking every min is what making the PoS difficulty go so high.


Bump,

unless you have actual data proving the addy is cryptsy then this has already been rehashed multiple times.

92146 times  Grin
602  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★ [GMC] GameCredits • A Multi-Platform Gaming Currency [GMC]★ on: July 31, 2015, 12:47:26 PM
This post hasn't been written on for 2 days now... Any news or is there silence for a reason?

Several very tired people Cheesy Nothing new to report, but there will be very soon.
603  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: July 31, 2015, 03:04:57 AM
I am currently using v2.2.1 and my wallet is locked.  If I updatemy wallet to 2.3 then will it be locked still when I open it?

Woody already answered this, but I'm gonna get a bit more technical. Not a whole lot Cheesy The "encryptwallet" RPC command does just that: it encrypts wallet.dat itself. All the peripheral stuff that makes it work for humans and interact with the blockchain can be changed to a great degree, and as long as it can read and compare wallet.dat, nothing internal to it will change.
604  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [HYP] HyperStake | High PoS | Secure | MultiSend | liteStake | Adv Coin Control on: July 28, 2015, 03:31:58 AM
I would like to steer the conversation towards fork talk if I could. I want to first off make it absolutely clear that in my opinion, HyperStake could stay in the same state forever and be a perfectly fine coin that works well and stakes well as it does now. But it might also be a bit of fun to add something new, and also put it on a more sustainable long term path.

I would like to propose 3 things for consideration of the community, and ask for well reasoned feedback.

1 - Increase block time. My primary reasoning for this is the growth of the blockchain size over time and the resources it takes to run the chain and to sync it from scratch. The smaller the chain the better. As you all know I have taken over RateCoin and forked it to be something I found to be sustainable and attractive long term. I forked the block target from the very ugly 30 second target to 3 minute. This puts XRA at 480 blocks per day. But that also means only 480 stakes per day network wide. I could see something like this working for HYP, but I would lean towards perhaps 2-2:30 minute blocks, which would yield 575-720 blocks per day instead of the current 960 per day. One thing to keep in mind is that although we want high difficulty, we want new comers to have a reasonable experience staking HYP.

2 - Increase the maximum stake age (really the max age that weight grows larger) to allow smaller inputs to have greater opportunity to stake. I don't have a hard number in my head for what is the best max age, but I do think we need a max age. I think there is room to double the current maximum from 32 up to 64, and maybe even up to 100. Lots of old outputs laying around wanting to stake. This also lets a patient small holder have a greater opportunity to stake without buying a large sum.

3 - A bonus weight advantage and stake reward for compounded blocks. If the block was created via coinstake not via transaction, then I propose to give an additional stake weight to it (maybe 5-10% extra) and an increased reward (maybe 1100 HYP instead of 1000 max). This would encourage compound staking, but would also discourage resizing your outputs ("blocks") too often. I would need to do quite a bit of testnetting with this feature, but I think it could prove unique and fun.

Any thoughts?

These are preliminary thoughts, so don't treat them with too much weight yet Cheesy

My kneejerk reaction to number one is pretty strongly opposed. Can't articulate why at the moment, other than problems I had with GMC when we changed the block time. But that was a miscoded piece of discarded rat turds, and your code is always tight. So for now I am just going to say it's a reaction that I need to think out before I have any sort of opinion that makes sense.

Number two, I'm fully in favor of that. Double it, I think, and a lot of smaller holders will love you. That is a well thought out opinion, actually. I've thought (and said) that it should be longer almost since the beginning of the project. It would encourage smaller blocks.

Three sounds awesome. I need to think about it, but my kneejerk reaction is as strong in favor as it was against the first one Tongue
605  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [RE-ANN][TRK] ★ Truckcoin ★ Pure PoS ϟ 200% interest per year ϟ Wallet v0.9.8.1 on: July 27, 2015, 09:11:58 PM
Can someone provide an updated bootstrap, I am having a very difficult time syncing.

Hi, Presstab

You need a copy of blk0001.dat or blkindex.dat? Or both? I think, I can make a copy from my roaming app.

blk0001 combined with all the others like it(2-9). Sometimes just one. Can't recall for TRK if it splits 'em.
606  Economy / Service Discussion / Re: Jason Boyko Prosecution, & Recovery program for PB Mining customers MARK II on: July 27, 2015, 07:56:14 PM
died eat karma

Did you mean "die starving" ? And are you really referring to it as being a karma-related curse ?


I have only one thing to add:

"My dear, religion is like a penis.
 It's a perfectly fine thing for one to have and take pride in, but when one takes it
 out and waves it in my face we have a problem."

LOL!

That made my day. Thank you!
607  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [RE-ANN][TRK] ★ Truckcoin ★ Pure PoS ϟ 200% interest per year ϟ Wallet v0.9.8.1 on: July 27, 2015, 11:46:57 AM
Hey, noise23

Or anyone that know how to make your sig text hot? Is it some type of html code?
If so, please give an example. Thank-you in advance!

Peace, Dennis

Maybe something like this:
Code:
[b][url=https://bitcointalk.org/index.php?topic=716182.0/][color=blue]★[/color] TruckCoin [TRK] Pure PoS - 200% APR [color=blue]★[/color][/b]

TruckCoin [TRK] Pure PoS - 200% APR

Hey, Lightsplasher

Thanks, that worked! Been racking my brains out, trying to figure out what I was doing wrong. I was close, but no cigar!  Grin
Slightly different than regular html code, though not much difference.
Thanks again, Lightsplasher!

Peace, Dennis
It's BBcode. Most forum softwares use it now. A bit simpler than HTML, and a zillion references on google. If you know the name Cheesy
608  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [HYP] HyperStake | High PoS | Secure | MultiSend | liteStake | Adv Coin Control on: July 26, 2015, 06:45:01 PM
Hi everyone. I'm new to pos coins and especially to HYP.
Just bought some coins to try. I read wiki where they say to split blocks 1622.222222  - 5574.646811 . Then I split my block.
And i get this.
 
143.63 days? Is this real?

Probably not, but bigger blocks happen a lot faster. In my recent experience, anything under about 10K block size is going to take a while. Not 143 days, mind you, but a lot longer than ~10.

The "proper" block size has been THE raging debate with HYP since about an hour before it launched Tongue My opinion is 10K and faster compounding, but there are a number of strategies, and they all have valid reasons behind them. Maximizing your APR return calls for smaller blocks. Short term returns call for bigger blocks, but you WILL hit the cap. It's fun Cheesy
609  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [RE-ANN][TRK] ★ Truckcoin ★ Pure PoS ϟ 200% interest per year ϟ Wallet v0.9.8.1 on: July 26, 2015, 06:22:25 PM
I've really not weighed in on this with an opinion, just some general comments. So, now I am.

First, fixed interest with a cap works great, look at TRK's descendant, HYP. Also, on a high POS coin with unlimited or near unlimited supply going forward, over time the price per unit SHOULD drop, but the inflation should offset this. It also gives people great and small the incentive to SAVE and have that investment working for them. yes, HYP is worth ~300 sats, but with the production from a moderate stash, that is still quite profitable. Vegas, i think you are focused too narrowly on the per-unit price rather than the overall production.

OTOH, a NVCS style inflation control, such as TEK, also works well. Stated invflation of TEK is 500% APR. In reality it's quite a bit less than that overall because most holders are not withholding their staking opportunities to find that sweet spot in the difficulty. Those that are, are well rewarded individually, but have little overall impact on actual production. Both systems work quite well.

Proof of Stake coins have two inflation control mechanisms. One is the mechanics of the coin, HYP/TRK style or NVCS. The other is that "mining" is based on the size of your wallet. This inherent mitigation tends to attract users who are NOT going to dump, but simply take a bit of profit from time to time, and this keeps the prices relatively stable once the market determines what stable should be. Given the timeframes, I think most have done pretty well except for complete gimmicks like snoballs.

My opinion is the mechanics of TRK should remain as they are, and promotion be the focus.
610  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [HYP] HyperStake | High PoS | Secure | MultiSend | liteStake | Adv Coin Control on: July 26, 2015, 03:14:21 PM
Code:
configure: error: hexdump is required for tests
i can't continue to make. any solutions??

Either install hexdump, or add a # character at the start of the line that mentions hexdump in configure.ac (if you do this, you will need to run ./autogen.sh before running configure again). You should not actually need hexdump down the line, so bypassing it here is fine, I think.


I would install it, and I'd also install boost 1.55. NOT 1.54, it has issues.
611  Bitcoin / Bitcoin Discussion / Re: I am pretty confident we are the new wealthy elite, gentlemen. on: July 25, 2015, 04:55:09 PM
http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/

After reading this, the scale of black market and digital economies and the effect Bitcoin will have on them I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins. It's just so hard to believe. We are only in the beginning storms with these significant rallies from 10 to 20 dollars. I will not be surprised to see prices from hundreds to thousands in the coming months.

The world just isn't going to be the same and we have been blessed as the pioneers.

What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop?

Long term, maybe. Where are the ads on TV advertising smartphone bitcoin wallets? Where are the armies of sales teams spreading it to merchants? Where are the large scale buys of bitcoin by banks, hedge funds, VC, and other institutions, driving the price sky high? The ability to do all this is there, but for some reason the wheels are not turning.

because you cant do nothing with bitcoin that you cant already do with fiat currency. this is the real and hard true.

You are insane. Just the fact you can send millions, OR a cent, all over the world, instantly, without failure (backed by the biggest network on the planet) puts this thing into double figure billion marketcap already. Think about the billions of unbanked people out there. People like you fail to get the big picture, and those are the ones that will indeed remain poor, because you'll sell way too early, or sell at all. A true holder never sells.

Without failure? I never had a failure payment with my bank, why in hell that is an advantage? Banks do that too, and you dont need to wait for confirmations.

Billions of unbanked people with internet and cellphones and banks to buy bitcoins... Lol right!

Maybe the poor here isnt me.. You dont know me, i dont know you. The only thing i know is that here are MANY people that want to be rich without hard work.. Sorry mate, that wont happen

You're both lucky and delusional. If you've never had a failure or double spend with your bank, count yourself indeed among the "elite" who have the luck of the gods. That's the lucky part.

The delusion is that it doesn't take "confirmations" and is instant. What is "instant" is a request for a credit or debit to the clearinghouse. This is not confirmed for up to 14 days. That's DAYS, not confirmations. Bitcoin is considered settled after 6 confirmations, and frankly is pretty certainly settled at three. In the time of that credit/debit confirmation via your bank and the other entity, you have an almost unlimited chance that the transaction will be reversed, adding many more days, possibly months or years, to recovering your property. I work for a company that routinely deals with the inner workings of banking. I'm not guessing or speculating here.

Block chain technology will almost certainly replace the confirmation/debit/credit system currrently in place at banks. It's just too soon. This will not remove the perceived need for such things as credit cards and other "instant" but reversible instruments, but it will certainly shorten the window.
612  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [HYP] HyperStake | High PoS | Secure | MultiSend | liteStake | Adv Coin Control on: July 25, 2015, 03:38:10 PM
hi, i was trying to compile wallet on my vps, and i got this error

how to fix this??


I don't see an error. did it finish compiling? Those are just warnings where the code does something the compiler don't expect.
613  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [HYP] HyperStake | High PoS | Secure | MultiSend | liteStake | Adv Coin Control on: July 25, 2015, 07:18:40 AM
I've just installed the new qt-wallet (version 1.1.1.3, 64bit) and realized the pulsating icon for minting is missing from the status bar.

However, when I place my mouse over the empty space I get the proper info but the icon itself is missing.

Anyone else having this glitch?

Thought it was just me, and back a few updates too Tongue I'm not yet on the latest wallet. Ubuntu, by any chance?
614  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [RE-ANN][TRK] ★ Truckcoin ★ Pure PoS ϟ 200% interest per year ϟ Wallet v0.9.8.1 on: July 25, 2015, 04:17:40 AM
Dont you agree that HYP should be worth soooo much more with Presstab as dev?? Its been stuck at 200-300 sat forever. Thats all it will ever be worth, and Hyperstake has an aggresive marketing scheme, its the inflation holding it at 300 sat. HBN , one of the LOWEST money supplies has been rising in price. Truck is one of the best coins out and is stuck at <200 sat for months. Go head find me a coin that has been out a year or more and has 30 Million coins and has a value over 1000 sat? (excluding BTC/LTC).

Btw HYP and Truck are the two on the list that have the most money supply, and worth the least, AND they have the best devs!?!?!?

We can hire a qualified dev to do the swap. Ill pay for it. It wont destroy the coin. Everyone just uploads their coin to bittrex, and you send Bittrex the new wallet with instructions on the ratio, and they swap. When its ready users download their new coins into their new wallet. Bittrex handles most of it, there is no way to screw this up. I had heard that bittrex does not charge for coin swap, but not sure.

DMD (Diamond coin) is 2 years old, it has a money supply of 1.1M. Currently 177,000 sats. 50% pos, 7 day min stake. (Notice, this has the LOWEST money supply of them all, AND has the highest price). Market cap $500,000

Hypercoin (NOT HYP)- Over 1 year old. Money supply 4.5 Mil, current price 35,000 sats. 60% POS. 24 hr min stake age.

Orbitcoin (Orb). Over 2 years old Money supply 2 Million, 20,000 sats.

Vegas


I'm gonna get killed by two friends here Tongue

Vegas, that coin with a value over 1K sats is TEK. You're in it heavy Cheesy

I actually think that you're wrong on HYP. not that it's value will go up PER COIN, but that's in itself pretty amazing considering it's production. It has held between 2 and 400 for a LONG time, and it's supply is nearly exponential. I think it's overall value, vs production, has actually increased. I'd have to do the math on that to be certain, but when the coin had a couple million, it was at 2000ish, and now that it's a whole hell of a lot more than that, it's still worth (an hour ago) 327 sats. Not bad performance at all, just not much value per token.

I personally think that TRK is fine as is for the most part, just needs some promotion and use cases. noise23 is a great code guy. Better than he thinks he is, cuz he can make my dumb ass mostly understand wallet code. Marketing, that he could use. I've no opinion on most of the ones you mentioned due to not having dealt with them. My coins are TEK, HBN, TRK, (just now) Version 2, HYP, and of course GMC since I'm it's general manager. Of the lot, I've done the best with TEK and HYP, in that order. TRK was largely a side note, but it works and works good. HBN is rather slow to build, but when it does it's quite profitable, if you don't do something stupid like breaking the hard drive with the wallet file (gnashing teeth). (had backups of everything else... )
615  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: July 25, 2015, 02:55:58 AM
What about this 20% price decrease. Is this the usual market movement? Most of my other PoS coins do not show this kind of volatility.
More soft trolling from the DMD shill.  Same thing over in the HYP thread.  So pathetic.

I agree, there's many explanations for the recent decline that have nothing to do with the long term health of TEK. Someone wanted/needed to cash out, lets hope they made a profit. Maybe their car broke down and needed fixing, who knows!!

TEK is still my favourite PoS along with HBN

Let's be nice, Ivan is usually supportive Cheesy

TEK has gone through wild swings since it's launch. It always seems to ride back up to around 5K no matter how far down it goes. I remember quite well when it was 400 satoshis, so overall I'd say a 20% drop in a few days that's still well above it's historic lows ain't such a big deal. Most of the time, you can't get large amounts of TEK, so when somebody does drop a lot, quick, it does tend to drop the market. On the other hand, when you're trying to acquire more, it tends to be difficult and costly Cheesy
616  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: July 24, 2015, 01:52:48 AM
I wonder what is the point in this unlimited coin?
Today many coins it's the clones PPC and NVC.
The price appears when the coins in the system only a fixed number.
In other cases, it is pointless to spend Bitcoins  Cool

If this isn't the original HIGH PoS coin, I'm unaware of an older one. It has stood the test of time quite well, and it has it's own sorts of inflation control. It remains my favorite, though not my only coin.
617  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★ [GMC] GameCredits • A Multi-Platform Gaming Currency [GMC]★ on: July 22, 2015, 05:29:02 PM
What are your thoughts on a long min POS such as 60 day min, and say 100% per year? This will keep inflation well under control and prevent dumping, therefore stabilizing the price. Just ideas.

Vegas

I'm the manager, not the owner of the project, so I'll boot it upstairs. I'm not opposed Cheesy
618  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★ [GMC] GameCredits • A Multi-Platform Gaming Currency [GMC]★ on: July 22, 2015, 04:19:45 PM
Hey Bio, I know we got delisted on Bittrex, probably because of the earlier wallet issues that are now cleared up. Price is higher than Ive ever seen. Its now over 2000 sat on Cryptopia. What are the chances of getting back on Bittrex? What are your thoughts on following the tekcoin POS model, with a high % stake rate and a 30 day min stake time? This will reward loyal holders, and keep inflation down. Even a 60 day min stake and 200% pos is good.

Vegas

I am not sure what the deal is with Bittrex. We're on Poloniex and cryptopia at the moment, and lobbying for Crytpsy. As for POS, There are currently no plans for POS implementation. The reasons are many, but primarily to control inflation and make sure the supply is limited enough to be useful in the gaming environment.

I'm a POS whore myself, so I understand where you're coming from, but it's not really appropriate for this project.
619  Bitcoin / Hardware / Re: [ANN] Sfards: SF100-the first 28nm Dual-Mode Miner gets into mass production on: July 22, 2015, 01:49:00 PM
I've ordered s4's in the past from zoomhash and they do the same thing with the shipping you don't see it till you are about to pay.

I had a bad experience trying to buy S4's from ZoomHash.  Was dealing with a salesman, had the committed price increase 3 times in the span of 24 hours while trying to secure a deal for 50+ units, and then when looking for confirmation to place the order after arranging freight, dealt with someone else (higher up presumably) who basically laughed at me and told me the price on the website was the price I have to pay, no discounts.

Bunch of clowns if you ask me.



Damn, really?

I never had the money for bulk orders of any sort, but I bought my scrypt miners from Zoomhash without any issue at all. I found them great to deal with, and the shipping was both reasonable and what they told me up front.
620  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ★ [GMC] GameCredits • A Multi-Platform Gaming Currency [GMC]★ on: July 20, 2015, 08:57:21 PM
Some idiot is dumping at ridiculous prices. Those of you looking for opportunity, I'd say there it is... and if you know who's dumping, smack 'em upside the head with a cluebat, will ya?

There's definitely some manipulation going on to make the price drop.  There was steady buying, then someone put up a wall, dropped the wall and sold off.

Rinse and repeat a second time for today.

Biomech, poloniex actually isn't that bad.  You should see the Bittrex board.  Constant PnD.  I have basically stopped trading over there because of all the manipulation.

Anywho, it's crypto.  But once everything you guys have set in place comes to light, we'll be good.

In the end: KEEP CALM AND HOLD YOUR GMC! Smiley

Indeed Cheesy

I'm mainly pissed off because I'm a poor boy and have no BTC to catch the gold these idiots toss in the streets.
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