When I hover my mouse over the little green arrow on the 1.4 client it tells me Staking.. .... .... you have 50% chance of producing a stake in xx hours Is it just me or does anyone else get this stuck in their head ? http://youtu.be/RWTHxt1XTfsMaybe tomorrow I'll wanna place a sell until tomorrow I'll just keep staking coin. yeah I have probably just lost the plot ....... maybe at these prices I'm just in a hysterically good mood haha that's funny  |
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Is FAC the best? Who knows. Time will tell. I'm not sure what I can buy with my FAC. What can I buy with my FAC beside other coins?
I don't know if FAC is the best... you are right, time will tell! I do like it when the price goes up, that's the fun game of speculation. at 2k sat, it's easy to double or lose 50% of your money. So I'm not that bothered by that. It will happen again and again. Trading and coin development are 2 different things. You can have fun on both ends. A coin is NOT dead because the price falls from 5k sat to 1k sat! I guess my point was not to debate about FAC being the best alt coin or changing the use of FIAT in the world. But FAC can have his own market/usage. As for what you can buy with your FAC... I guess BTC for now! And that's the whole point of this poker site coming up. Giving it some use other than buying BTC  |
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I'll take a few minutes to say this.
Give the guy a chance to do some work, the announcement came on last sunday and a bunch of people didn't like it... price goes down. OK
Then literally not even 2 days goes by and another bunch of people are complaining that dev doesn't update enough on the forum (like really?!? can't you give the guy a little time to work?)
If you think you will all become millionaires in 48 hours or less... you MUST be living in a fairy tale! Everything takes time and effort to build. Especially good things! Can't wait? that's fine, get out and surely the price will go down!
Meanwhile I'm scooping off about 3000 FAC a day off of the exchange with hashco.ws
I bought some at 5k sat... so what? 1k, 3k, 5k sat are all cheap prices. Now is the chance for me to even out my "loss" even though I didn't sell anything so technically I didn't lose 1 sat yet!
Now you do what you feel is best for you. I'll be growing my stack as much as I can at these prices... then buckle up and wait for the rocket to launch.
PS. If you believe in this project, you can help by putting a forum up, setting up a wiki, building games, doing some Marketing/PR or just by pointing your rig to hashco.ws! You don't need to wait for dev's permission... If you own some FAC it's YOUR money... DO something about it!
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Pretty exciting day  Loved that action! Didn't sell a µHBN today though, I'm still waiting to reach my goal so the stake can be that much more interesting... loved that idea Tokyo about grabbing a cold one while my 3 years old laptop's CPU churns away those numbers! Stake away my friends... stake away and let them grow! It will pay soon enough  |
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is it good to buy at thoses prices? 30K seems a bit high to me even tought bids are still huge
High relative to what? What it can be or what it have been? I personally think this is still a low price relative to supply money available and current development projects. It is one of the few coins out there that actually have active development and dynamic community that back it up, regardless of current prices AND/OR pump/dump scenarios. If you think/believe that this can go from 0.50$/HBN to 1$/HBN in the near future, I'd say it's a good time to buy. But that's just my biased opinion. I would love to get tokyo's and others opinion on whether or not 30k sat is a good entry point. |
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There still is an issue regarding the checkpoints.
Even if the checkpoints are hardcoded in the source, when getcheckpoint command is run, only the first checkpoint is returned and not the last one. This needs to be fixed
Auto checkpointing will be introduced in the next update mate , I also wanted to include your new logos well sadly this update was quite a hurry one , though it was not a hardfork so yah , we'd have to get everyone to update in a few days. ~SoopY~ excellent |
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Hey John, I just wanted to make sure that this part of the code in this SQL query SELECT b.block_hash, b.block_height, b.block_nTime, b.block_num_tx,
b.block_nBits, b.block_value_out,
b.block_total_seconds, b.block_satoshi_seconds,
b.block_total_satoshis, b.block_ss_destroyed,
b.block_total_ss
FROM block b
JOIN chain_candidate cc ON (b.block_id = cc.block_id)
WHERE cc.chain_id = 1
AND cc.block_height BETWEEN 100 AND 200
AND cc.in_longest = 1
ORDER BY cc.block_height DESC LIMIT 50 makes sure that the query returns only valid blocks. leaving orphans out. inversely, if I would be writing I would have be getting only orphans? is that correct? |
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There still is an issue regarding the checkpoints.
Even if the checkpoints are hardcoded in the source, when getcheckpoint command is run, only the first checkpoint is returned and not the last one. This needs to be fixed
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Cool, Also the community is slowly growing bigger and bigger so that would be another great benefit |
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What is the actual "real price" you guys think for HBN? Considering investing, have only been investing into litecoin and vertcoin.
That's a good question! I guess for the "final" answer, you'd have to look at the market in 3, 6, 12 months from now. I believe this can go to 1$/HBN and higher. The key points making me believe that are - Dedicated Community
- Dedicated Developer
- Money supply just under 4 millions HBN
- PoS return of ~2% as quick as in 10 days - 100% per year
- Fast network
- Low PoW rewards
- PoW and PoS competing against each other, keeping inflation as low as possible
- Constant improvements/new features/bug fixes to the wallet's code
There might be other things that I'm missing from the top of my head. But, for me, these a major key points that make it a good investment comparing to other alt coin. It was proven to be true even when other coins took a plunge a few weeks back when the BTC dropped... HBN sustained, and actually increased in price ! Welcome to the community |
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So, with all that knowledge, for a "1st" post, are you the Mister who's going to fix my sync issues?  What is your current client's protocol version? it should be: 80501 (to check go to console and type getinfo) if not, download the latest client ASAP. in both case. I would delete EVERYTHING in the appfolder, EXCEPT your config file and wallet.dat. Once everything is deleted, please check your config file and MAKE SURE you have only addnode= from this list here http://fac.blockx.info/connected-nodes CLICK ON THE BUTTON THAT SAYS Get Config Ready NodesThen let it sync, you should connect quickly and smoothly and if everything goes well, you should sync up to date within minutes Thanks for the help. My client is 80501. The issue I have is: If I delete everything except wallet.dat, It syncs and I get all my coins except the minted ones. If I delete everything except wallet.dat and config file (with updated nodes), it syncs and I get all my coins except the minted ones. If I update the client and keep my old files, just change the config, it doesn't sync (stuck at 3140, estimated 5594) but it shows correct coins. The blk0001.dat file has the 12-04-2014 date. If I update the cliend and I delete peers.dat, it doesn't sync (stuck at 3140, estimated 5594) but it shows correct coins. The blk0001.dat file has the 12-04-2014 date. If I delete the The blk0001.dat file, wallet doesn't open because it cannot load that same file. If I try repairwallet command or -rescan, the minted coins do not show up. Is there anything I can do to resolve this? What do you mean you get your coins except the minted ones... by the looks of it, those coins are orphans and they were never accepted by the network. so you seem to be fine. When you get orphans, don't worry, let the wallet go and you will eventually get good coins. Once again, thanks for the help on this matter. I had 38 minted coins (or POS reward) until the wallet got stuck, that is the blk0001.dat file date (12-04-2014). I did have a few orphans but those 38 coins were confirmed. I have my wallet open 99% of the time (basicaly, from the start). Right now, after the update, my wallet only shows the original coins from the giveaway (ranging from the 10th to the 17th of March). All minted coins are grayed out (the transactions are still there, last being from the 8th of April). Are you saying that POS rewards are pure luck? To me, it seems I have lost my POS rewards, a month after intial release. This is not good. You haven't lost anything. If they are greyed out and have a question mark at the begining of the line, these are orphans PoS blocks. You need to know that PoS works just like PoW in the sense that you are in competition with others on the network. It's a reward for finding a block, just like in PoW, so in that sense, there's a part of luck in this process. If you leave your wallet open, you will eventually get a successful block. the more time it takes, the higher your PoS reward will be, so like I said, you don't lose anything. Having a lot of orphans in your wallet is not a problem, except that it clutters your view. Maybe dev could implement the removal of orphans with the repair wallet command, it has been done with other coins already. Be patient, make sure you have the latest software and let it run... if you get orphans that is a sign that your wallet is trying to get a PoS block... eventually you'll get one (and for every block you haven't move since the begining) when did this coin reach pos?
already got 480 FAC from POS till today and i'm opening this wallet about 70%of the time, starting from 5 per staking to 6.48 FAC till now. i guess it will keep weighing till day 90. anyone know how much will we get at weight 90 day? 15FAC/POS? oh feel like paying my bills only from POS in the future You can get a rough estimate of what your reward will be by taking 6% / 365 days * number of days since initial deposit (or successful stake). The weight only influences the priority on the network. not the reward, so if you open your wallet after 180 days and get a stake, you'll get about 3% return on that block. |
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So, with all that knowledge, for a "1st" post, are you the Mister who's going to fix my sync issues? What is your current client's protocol version? it should be: 80501 (to check go to console and type getinfo) if not, download the latest client ASAP. in both case. I would delete EVERYTHING in the appfolder, EXCEPT your config file and wallet.dat. Once everything is deleted, please check your config file and MAKE SURE you have only addnode= from this list here http://fac.blockx.info/connected-nodes CLICK ON THE BUTTON THAT SAYS Get Config Ready NodesThen let it sync, you should connect quickly and smoothly and if everything goes well, you should sync up to date within minutes Thanks for the help. My client is 80501. The issue I have is: If I delete everything except wallet.dat, It syncs and I get all my coins except the minted ones. If I delete everything except wallet.dat and config file (with updated nodes), it syncs and I get all my coins except the minted ones. If I update the client and keep my old files, just change the config, it doesn't sync (stuck at 3140, estimated 5594) but it shows correct coins. The blk0001.dat file has the 12-04-2014 date. If I update the cliend and I delete peers.dat, it doesn't sync (stuck at 3140, estimated 5594) but it shows correct coins. The blk0001.dat file has the 12-04-2014 date. If I delete the The blk0001.dat file, wallet doesn't open because it cannot load that same file. If I try repairwallet command or -rescan, the minted coins do not show up. Is there anything I can do to resolve this? What do you mean you get your coins except the minted ones... by the looks of it, those coins are orphans and they were never accepted by the network. so you seem to be fine. When you get orphans, don't worry, let the wallet go and you will eventually get good coins. |
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So, with all that knowledge, for a "1st" post, are you the Mister who's going to fix my sync issues? What is your current client's protocol version? it should be: 80501 (to check go to console and type getinfo) if not, download the latest client ASAP. in both case. I would delete EVERYTHING in the appfolder, EXCEPT your config file and wallet.dat. Once everything is deleted, please check your config file and MAKE SURE you have only addnode= from this list here http://fac.blockx.info/connected-nodes CLICK ON THE BUTTON THAT SAYS Get Config Ready NodesThen let it sync, you should connect quickly and smoothly and if everything goes well, you should sync up to date within minutes |
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Excellent, Good to have you back |
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250 HBN are waiting for me @ hashco.ws for just over 1 day of mining... sweet What were you hashing for that day? Damn I have 2100 khs sitting on the HBN network that gets 200 in about a week. Might need to switch! seriously I don't know I just pointed my miner to hashco.ws and selected HBN as payment. I thought it was a nice return you might get that in 3-4 days over there (at current market price) If the word gets out, I'm sure we'll see an increase in price. witch in return is going to be great for PoS Since the HBN PoW diff is so high, I'm going to continue mining over to hashco.ws for a while. I have to say I'm still surprised that we don't see much more activity on the market then what we are seeing... I mean either people really DON'T understand the kind of return they can get with HBN or they just don't know about HBN. All those coins with 1-5% per year have WAY MORE volume... maybe our marketing should be louder... maybe not! Either way, I'm stacking up as much as I can... I want to be front row when the cat is coming out of the bag! |
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Aaaaaaand of course I sold mine early for 500 satoshi  Live and learn. Good luck to everyone still holding on to their faircoins! that sucks... I still think FairCoin is worth much more. 50k sat would be my fair price |
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Hi,
First exposure to the details of our new project on Sunday.
Looking forward to this!  +1 |
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Good job guys, this is good stuff |
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Version 1.4 takes care of the staking issue. There is almost nothing that has to be done. I upgraded my brothers computer, he had tons and tons of very small blocks down to .042. They had been splitting from the 5 blocks that he had mined. His version 1.3 couldn't handle it and it was unresponsive. After the upgrade, I did nothing but let it all go. Not a single problem and within a few mins it was staking the blocks.
I did show him and tell him to combine all his blocks of less then 1 into a bigger block. I said wait till all your little ones add up to 100 then combine them. But he is staking just fine with 1000+ blocks between 10 and .7..
Now this does take a full core out of your CPU. So if you want to be more efficient, then creating a new address in your wallet and combining blocks is also ok. I personally am good with giving HBN 25% of my quad core.
Well that's cool. So now it's even simpler. I guess it's just a matter of how you want/prefer to manage your staking account. |
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