Guys, I will need an Ethereum address from you (token enabled)
-east
PM sent. |
|
|
|
|
When will Veri start trading on exchanges like bittrex?
|
|
|
|
A total of 4.43B TOAs have been moved to these 2 addresses (TNJDL76eUmSgj2bBte1pg9P3jhzLb2Ftke and TQhd5MP5MRncYrH2Pjd2CPNApQbuKw6oT4). One way of checking if the balances are correct is via the BlockExplorer which also shows the Percentage share and both should have more than 25% https://www.blockexperts.com/toa/address/TQhd5MP5MRncYrH2Pjd2CPNApQbuKw6oT4https://www.blockexperts.com/toa/address/TNJDL76eUmSgj2bBte1pg9P3jhzLb2FtkeThese addresses will be used to stabilize the network ONLY. NO Withdrawals will be coming out of these addresses including the staking rewards. The wallet with the biggest volume is that of the soon to be Online Wallet which is https://www.toacoin.net where all the purchases were made. With this, we cut off the total volume by half including the usable staking rewards. What does this mean to the community? 1) Law of Supply and Demand dictates the price direction of the coin. What we did is cut the Supply in half while at the same time working on increasing the Demand of TOA after the recently concluded Cryptocurrency Expo in Bangkok. Lower Supply and Increased Demand definitely will increase the price of the coin. 2) In Blockchain technology, though it cannot be edited because you will be rejected by the rest of the users it doesn't mean it is completely uneditable. A group who owns more than 50% or majority of the mining/staking power can edit the blockchain to their advantage and force the minority to accept their edited blocks and dispose of the old one. Though controlling more than 50% of the staking power of TOA is not easy, it doesn't mean it won't happen in the future so locking in more than 50% which secures the chain and reducing the coins in circulation is like hitting two birds in one stone. This is good news for the TOA Community, please let us know soon on how are we going to use the TOA coins on booking flights and hotel accomodation and which are involved with this.. it will boost the value surely once this critical info will be known. |
|
|
|
This is indeed good news...now that Veri has gone cheap.. its best buy now |
|
|
|
San mas maganda mag stake ng coins sa windows wallet or sa online staking wallet? plano ko kasi bumili habang mura pa ang psb. pang stake ko lang investment for the future at support na din sa PSB community
If you are always online and you have your own pc with you, I recommend that you use the windows wallet para mamonitor mo rin at hawak mo talaga ang mga coins mo.. other use the online wallet kase wala silang pc na gamit and they just use their smartphone. |
|
|
|
UPDATE FROM THE CRYPTOCURRENCY EXPO We had a very fruitful Cryptocurrency Expo and it showed everyone what TOA is all about. A lot of investors came to our booth last Sunday and yesterday to ask questions about TOA like these below: 1) Do we have our own blockchain? YES 2) Are we using POW or POS? We're using POS or Proof-of-Stake so there's no need for dedicated miners anymore. 3) What is the 2% inflation rate for? It is the rate of actual increase of TOA Volume on a yearly basis. 4) What exchanges are we being traded on? Cryptopia, CCex and NovaExchange. 5) How's the liquidity of TOA? 24-hr trading volume as shown to them via Coinmarketcap is worth around 100k USD. 6) How many coins are currently in circulation? 20% of the current volume is already being owned by the general public. 7) What are our plans with the remaining volume? The expo explained how blockchain works including how the majority dictates the blockchain - meaning a group who has majority of the coin (for POS) or mining power (for POW) can edit the blockchain and force the minority to follow them. One idea that came to mind is to keep the 51% of the volume of TOA and place it in a marked wallet (we can publicly announce the addresses of the wallet/s) for the public to monitor. Its purpose is to stabilize the chain so no withdrawals could be made out of it including its staking rewards and it effectively cuts off the usable coins to half, while providing stability to the TOA blockchain and stopping it from splits that threatens coins.  What are the future projects of TOA? TOA Cafe and TOA Bookings should be released this year while other plans are already being drafted. The future definitely looked brighter for TOA as we were able to establish connections from several interesting groups from different parts of the world. The TOA Community will just get bigger and bigger along with its number of partners. Can you post and videos or images regarding the Cryptocurrency Expo that took place? As they say picture is worth than a thousand words..  About the cutting the circulation in half , how can we be sure that those wallets will not be accessed by the TOA Team anymore? cutting the circulation in half I think will not suffice, better reduced it to 1 Billion Perhaps? One suggestion is to stop the selling of the coins in packages because I think that is one of the reasons also why the price is dumping. |
|
|
|
... entails you guys to tinker ...
It's not "us guys", its just me at this point, making a suggestion. Judging by PSB community reaction so far, ain't gonna happen, so no worries we will remain a 6% inflation coin.But at the end of the day, who will be doing the changes on the wallet itself if YOUR recommendation will be approved? If the exchange is already acting as an asshole then why stay with it? Better yet move away from it and look for better exchanges that acts professionally.
We don't control where people trade their coin. PSB is also on Novaexchange, let's start using that one more; but since I am not trading, I don't control what people do. Best thing yet would be for dormant coin at C-Cex to be removed from there. ... why not stop the whole staking business and move PSB on Ethereum platform instead? ...
Ofcourse we cannot control the people to trade there thats why where you move in since you guys are the PSB team, by asking the PSB community of removing your coins and avoid trading there on c-cex, I am sure they will listen.BTW it's Ethereum that's coming to staking, not PSB switching to PoW. Staking is a much smarter way of forming blocks. https://www.coindesk.com/ethereums-big-switch-the-new-roadmap-to-proof-of-stake/ |
|
|
|
This should have been throughly thought before hand when the original staking was at 3% and it was already trading on c-cex. The question is why NOW?
NOW is always a good time to do the right thing. Staking was never 3%. The original PSB and the PoSP hard fork that followed have 5% as the official inflation rate, but, because of how wallets are staking now, the actual inflation is 6%-6.5%. Also, we found out that C-Cex is one of the only exchanges that actually stakes with depositor's coin; this is something we didn't know. Making PSB a 3% coin will make it more rare and help price. It's just one aspect of the coin, but an important one. The failure of one exchange because of its greediness entails you guys to tinker again the Interest rate of the coin? I don't think that is the right course of action.. PSB has been trading on c-cex since last year even before the swap has taken place and you just found it now since you notice that there is dumping of coins on that exchange? If the exchange is already acting as an asshole then why stay with it? Better yet move away from it and look for better exchanges that acts professionally. P.S: This is just an idea, why not stop the whole staking business and move PSB on Ethereum platform instead? And for the online wallet, you may still provide a staking feature on a lower rate for example 3% and locked on monthly basis.. or you can provide some fee basing on the amount of PSB being deposited for staking. |
|
|
|
I am going to recommend to Lutzow that we lower the inflation of PSB, along with some other changes, to about half of what it is now.
Anyone with me with this idea?
Why? Do you think that the high inflation rate is hurting the PSB because of the extra 10 million coins. They're aren't that many coins in circulation as compared to other coins though? What's the inflation rate at 3%?Actual inflation rate of PSB is 6%. Of course there has to be marketing plans and real uses for a currency to be succesful, just I find 6% too high, especially with C-Cex who is staking with depositor's coins and insta-dumping the reward they get, causing a downward pressure on PSB. This should have been throughly thought before hand when the original staking was at 3% and it was already trading on c-cex. The question is why NOW? |
|
|
|
I am going to recommend to Lutzow that we lower the inflation of PSB, along with some other changes, to about half of what it is now.
Anyone with me with this idea?
Why? Do you think that the high inflation rate is hurting the PSB because of the extra 10 million coins. They're aren't that many coins in circulation as compared to other coins though? What's the inflation rate at 3%? Not a good move, always tinkering the coin to suit one's target of increasing its value will not be beneficial in the long run.. what this coin need is a good marketing and exposure plus a dedicated team and community. |
|
|
|
This seems to be a good ICO, this COMSA, thanks for sharing. |
|
|
|
|
Still no updates on this thread? any thoughts on trying to rejuvenate this coins and the group?
|
|
|
|
|
Is this another ICO price for PSB? BTW, Pesobit will be turning 1 year come August 15, 2017.
|
|
|
|
ATTENTION EVERYONE After long and hard consideration of all pertinent matters, transferring from COUNTERPARTY to ETHEREUM platform proves to be advantageous for all of us (especially you KTN holders).Below are the compelling reasons:1. Speed of transactions. 2. Cost of transactions. 3. Platform Userbase. 4. Financial Foundations. 5. Development Teams. 6. Real World Businesses joining Ethereum Platform 7. Exchanges Support. 8. Potential for Further Growth.
Here are the details of our transfer:a. The total tokens would be raised by a factor of 10. i.e from 18,400,000(xcp based) to 184,000,000 KTN (ETH BASED TOKENS) swap rate will be 1 KTN(xcp based token) = 10 KTN (Eth based token) for the whole swap period. b. All KTN holders that swapped KARMA(X11)( WHITELISTED ADDRESSES) will be able to swap their KTN (XCP based) to KTN (ETH based), FREE of CHARGE. c. All other KTN holders from NON-WHITE LISTED XCP addresses will have to send 0.003 ETH, when they request for the swap. b. The number of KTN will still be locked and no further issuance beyond 184,000,000 will be made. d. We will renew our campaigns and bounties for exchange listing this coming months. (Exchanges had hard time adding XCP based tokens before) e. All our communication channels will slowly be edited to reflect this move. f. XCP swap address (Where you would send your KTN based on XCP) will be provided later. g. KTN Ethereum based address will be provided later along with the code verification. h. The swap will be open for 1 year, starting from the first day that the XCP swap address is provided. i. All other plans and roadmap, will continue as they are, only now the token platform will be changed. Tell me what you think. Welcome to the future. -east Moving from XCP to ETH platform is a good move and I agree to this. I dont have any qualms about the 10x increase as long that is beneficial. I think the 1 year swap time its a bit too long, consider the length of the other ICOs which this is likely similar in taste, 90 days will be a good one to consider since 1 year in crypto is an eternity and it helps the project to move along to the next phase much faster cheers. |
|
|
|
Coin looks like its dead
I do not think that the coin is dead. Now an online store with a set of products is being created. There is a search for partners. I think at the end of the year PSB will still show itself Yes, I don't think it is dead, it's on struggling phase, but they can rise again, they have a really strong staff and community. And have you read Lutzow's statement of possibility of interchangeably switching psb with his new coin? It'll more or less pump psb. And yes, whenever someone said a coin is going to die, usually some other people is at hidden agenda to collect as much as he can. Try to look at ltc, there's a thread specifically talking about it being dead, I still can see ltc breathing finely Why are you comparing this with ltc? even shitty exchanges isnt interested in adding this. oh really? it partnered up with vmoney old news but didnt do a thing and look the dev is already busy with other project and his real life job it means expect slower updates. So the PSB Dev is slow on making updates? try other coins there listed on bittrex and see who's dev have been totally slow on making progress, if the PSB Dev has a real life job, it means he is just trying to be sure, cryptocurrency in the Philippines are still in its infancy when it started PSB last year, there are a lot of legal hurdles to overcome and he is just looking the possible problems that might arise in the future. And if you have your own family and some kids to feed, sheltered and put to school, in a Philippine setting, you might think otherwise too. If you are done with PSB, then move on and look for better coins that will satisfy your criteria, no sense on staying here and whining about this coin or you are just trolling. |
|
|
|
here said that the maximum number of coins 31 million but I see that already there are about 33 million or am I mistaken?
Yes, inflation of this coin is a bit high right now and should be reduced; don't you agree? sorry for the stupid question but I can't understand how they can become less then? Your question can be interpreted as two different questions, and this is the answers based on my own opinion, 1. How psb can become less (as in the value)? The nature of an inflation is to reduce the value of one currency as the amount of the currency circulating on the market increases. 2. How to make it less (as in reduce the circulating amount)? The easiest method is to take some amount from the market to developer's system and burn it. There are many case of developers burning certain amount of their coins to increase their rate. Correct me if I'm wrong. The first option will need a good investor to buy OTC most of the coins and gain most of the part of the coins in circulation, if this investor have strong hands, then PSB just might increased in value, but if this investor is just a short flipper of coins, it might just kill the coin in due course no matter how good the coin is. The second option has been done by the other coins in order to increase the value of each coin, reduce the max supply by burning , this might do a quick fix on the value of the coin but it is just superficial, besides the coin has already added 10M on its maximum supply , reducing or burning its coins is just showing the level of confidence of its creators.. and one thing more, 33M is not the last maximum count of the supply, do not forget the coin has 5% increase per anum, which means the total supply increases every year.. the 33M is not fixed. Sorry but face the fact that this is dead. No more funds. Who has no more funds? When people starts telling that a certain coin is dead, it only means its the best time to invest or buy at a lower price. This coin has some usage and have the mechanism in hand to convert PSB directly to fiat , and have teamed up with vmoney where you can get the debit cards to use them any way you want to. |
|
|
|
here said that the maximum number of coins 31 million but I see that already there are about 33 million or am I mistaken?
Yes, inflation of this coin is a bit high right now and should be reduced; don't you agree? sorry for the stupid question but I can't understand how they can become less then? Your question can be interpreted as two different questions, and this is the answers based on my own opinion, 1. How psb can become less (as in the value)? The nature of an inflation is to reduce the value of one currency as the amount of the currency circulating on the market increases. 2. How to make it less (as in reduce the circulating amount)? The easiest method is to take some amount from the market to developer's system and burn it. There are many case of developers burning certain amount of their coins to increase their rate. Correct me if I'm wrong. The first option will need a good investor to buy OTC most of the coins and gain most of the part of the coins in circulation, if this investor have strong hands, then PSB just might increased in value, but if this investor is just a short flipper of coins, it might just kill the coin in due course no matter how good the coin is. The second option has been done by the other coins in order to increase the value of each coin, reduce the max supply by burning , this might do a quick fix on the value of the coin but it is just superficial, besides the coin has already added 10M on its maximum supply , reducing or burning its coins is just showing the level of confidence of its creators.. and one thing more, 33M is not the last maximum count of the supply, do not forget the coin has 5% increase per anum, which means the total supply increases every year.. the 33M is not fixed. |
|
|
|
|
I have seen KTN s being traded on mercatox.com .. so how do I move my KTN from counterparty to their wallet exchange? Will there be any issues?
Thanks
|
|
|
|
to high supply
this will kill the coin
More info on why the high volume will be made known to the public soon Would this reason help the price to improve? What I see is just a constant downtrend |
|
|
|
|
Show Posts
