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1201  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: July 06, 2015, 03:02:10 PM
My point is - our coin is NOT what it used to be for all its life.. as we had well known figures in the formula when we plan our budgets.
Amount of coins, intrest rate, age... before this days everyone had chance to stake at 40% rate (0.0000x diff)
Now for the first time it looks like we are going to have the coin that is different from what is described at the Official Page.. its not High POS any more and that can drive people away from the coin!
We have to think NOT only about market conditions, but also the coin must perform the same way all the time so you can count on it (easy rules i.e. 40% at 30+ days) Now we have unknown Super Low Stake rate Sad
If you want ~2% rate - go to hobonickles
If you want all your coin compressed to 100000hyp blocks to get 1000.. then go buy HYP
But this 40% is the main feature of the tekcoin and that what drives the demand... this mining is power efficient etc.
It is stupid to just cut the supply of the coin which main feature is something that can be promoted as the Virtual Mining contracts with constant outcome
peace

P|S why we must stay with something that novacoin has ? Perhaps// is this true that we have 95% diff rise because of ONE adress?
If this is the case, then it is bad for the coin? for all 95% of its users.. and we must take action if we see something wrong, so that we dont get into the same trabble in the future!

Really think you're making a mountain out of a mole hill here. The APY on TeK is STILL hovering right around 200%. My most recent HBN stakes have been right around 84% APY. This is happening while the price of these two excellent coins have been moving in opposite directions. To me that says leave TeK alone and buy HBN...it's undervalued, but that's just me.

There's nothing wrong with TeK, it's just evolving. It remains one of the highest yielding, oldest, well established hybrid coins out there. TeK is 87th in market cap, which is where free market forces have placed it. What would be served by overriding the inflation controls and tanking the value?
1202  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ZEIT] ★ZeitCoin★ COMMUNITY [FULLY POS | 20%] [ZEIT KNIGHTS] on: July 06, 2015, 02:49:16 PM
Just a coincidence, claim works fine, and you show up in the DB Smiley I was playing around with the ZEIT specific code last night for a few hours.

Fantastic work! Love the market view.
1203  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ZEIT] ★ZeitCoin★ COMMUNITY [FULLY POS | 20%] [ZEIT KNIGHTS] on: July 06, 2015, 02:46:50 PM
lots of people dumping for ltc over the past week. big mistake i was able to pick up 14M more zeit wuahahah
hey, 14M more zeit ,it is a lot. Give me some please  Grin

You can get some more at a good price, just get some LTC on the Cryptsy market and put in some visible buy support (like around 350 or higher..heck why not pump the price up a bit?). Only a matter of time before those sell walls higher up crumble and whoever has those Zeits will want to just sell them at the bid price.

Now is the time to ACCUMULATE them Zeits while everyone is trying to dump Zeits for LTC so they can convert to BTC. But all this LTC being bought is just going to be reinvested back into LTC markets (assuming they don't end up dumping it all). Then all the high volume LTC coins like Zeit will end up being PUMPED like no one's business.

Right now, we got lots of liquidity on the ask side, but hardly anything on the BID side (which is what we really need right now). No need to pump the prices when so many stoopid people would be happy to just sell you Zeit for cheap on the bid side.

With enough bid orders, there will be so much buying and selling of Zeit that we can start getting our volumes up. If we can get that up to 50 BTC Volume for a month straight, cryptsy will have no choice but to take notice and give us the BTC pairing we deserve.

Agree totally, that's the smart way to play it with a pool of aggressive sellers who'll probably suffer from seller's remorse soon enough. Grin

The funny part is that even with all the dumping, Zeit is right at an all time high. Smiley
1204  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: July 06, 2015, 02:01:35 AM

Raising compound APY back up to 7400% isn't going to increase equality amongst TekCoin holders. The rich will continue to get richer...probably even faster as the "poor" dump their rapidly growing interest payments and the rich continue to pile up more Tek. In the fiat world equity disparity is often the result of a corrupt monetary system and bribed government officials. That is not the issue with TekCoin. The rich are getting richer here because they got in earlier(IOW risked capital sooner) and/or held longer. Neither of which is a good reason to "punish the rich". These are the folks that have been protecting the TekCoin blockchain before many ever heard of TekCoin. They're not villians, they're early adopters.

Tek is on a nice steady incline in market cap, why mess with it? Don't be like goobermint mucking around trying to fix stuff. The inflation controls are doing what they were intended to do. Compound APY is still over 500%. Suggest you not fix what ain't broken.

As to the issue of Cryptsy staking coins(if they are) I am 100% opposed...but then I don't understand people that leave high interest POS coins on exchanges anyway. Makes no sense whatsoever. Keep your coins in your own wallet and it won't be an issue.

Well said. Couldn't agree more.
We all got in knowing TEK has NVCS for inflation control. And it works. Believe it or not, high difficulty is a good thing. It means many are participating despite the diminishing rewards. The increasing price speaks for itself.
I think the best thing to do, besides periodic wallet updates, is do nothing to the protocol.  Serious investors expect stability from a 2-year-old coin. Changing it willy-nilly is the fastest way to destroy confidence.
If anything, we need to focus on getting another exchange, and preferably one with more volume than Cryptsy.

Likewise. Well said.

I believe, as I mentioned previously, we should be targeting Cryptopia. If voting alone isn't going to get it done(and it's not) then perhaps we should consider crowd funding a dot pool to buy our way in. Having another exchange in case cryptsy goes down again would be a good safeguard. Being on another exchange that also gives TeK a LTC pairing would be deluxe imo.
1205  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ZEIT] ★ZeitCoin★ COMMUNITY [FULLY POS | 20%] [ZEIT KNIGHTS] on: July 06, 2015, 01:45:24 AM
staking,  how it works. I should wait 20 days and they it will be every day or not ?

Each block's coin age is reset when it stakes, so if you want to attempt to see coins staking every day then you'd have to stagger your blocks in such a way that a different block would mature each day. So for instance, today is the 5th of July so blocks that haven't moved since June 15 are maturing, if said blocks were to stake today they'd be reset and wouldn't be ready to stake again until the 25th.

Cheers.
1206  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ZEIT] ★ZeitCoin★ COMMUNITY [FULLY POS | 20%] [ZEIT KNIGHTS] on: July 05, 2015, 11:32:48 PM

Count me in too


FYI :
Scratch any more donations for the moment to a PressTab Block Explorer,
Presstab is having technical difficulty and may not be able to fulfill the service of his block explorer for Zeit.



 Cool


I am working on it right now, but lets just put donations on pause until I get it fully figured out.

I was able to sort out my problems... at least I think. I thought I was completely synced but it was just stuck on a block. Turned on explorer functions and it add it go a little nuts.  Now it appears to be behaving very similar to other aged chains with fast block speed. I will watch it for the night before declaring victory Wink

presstab.pw/phpexplorer/ZEIT

Good news man! Thanks for being persistent.

BTW we ZeitFreaks prefer to be called "mature" not "aged". Grin
1207  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: July 05, 2015, 08:47:56 PM
Guys and gals, do not keep high POS coins on exchanges!!!

You'd think this part would be a no-brainer that would go without saying...but it's clearly not when you look over the order book.

Coming up on two years for TeK, supply is 21.277m coins and it's getting increasingly difficult to create more. Where's the problem? 14.35m Bitcoin in circulation and it's exponentially more difficult to mine them. It seems to be working out okay for grandpa Bitcoin.
1208  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: July 05, 2015, 07:48:31 PM
Also it is not good that bigger wallet can affect everyone.. then its richer are getting richer? but smaller holders get their TEK devaluated
we cant have the situation when some Exchange can manipulate the price of our coin just by locking\unlocking its wallet for POstake...
peace

That's life.  The rich always get richer.  It is unfortunate to have an exchange staking...

Well!! Our little crypto-coin experiment shows that all of this is wrong and can be fixed!

Raising compound APY back up to 7400% isn't going to increase equality amongst TekCoin holders. The rich will continue to get richer...probably even faster as the "poor" dump their rapidly growing interest payments and the rich continue to pile up more Tek. In the fiat world equity disparity is often the result of a corrupt monetary system and bribed government officials. That is not the issue with TekCoin. The rich are getting richer here because they got in earlier(IOW risked capital sooner) and/or held longer. Neither of which is a good reason to "punish the rich". These are the folks that have been protecting the TekCoin blockchain before many ever heard of TekCoin. They're not villians, they're early adopters.

Tek is on a nice steady incline in market cap, why mess with it? Don't be like goobermint mucking around trying to fix stuff. The inflation controls are doing what they were intended to do. Compound APY is still over 500%. Suggest you not fix what ain't broken.

As to the issue of Cryptsy staking coins(if they are) I am 100% opposed...but then I don't understand people that leave high interest POS coins on exchanges anyway. Makes no sense whatsoever. Keep your coins in your own wallet and it won't be an issue.
1209  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ZEIT] ★ZeitCoin★ COMMUNITY [FULLY POS | 20%] [ZEIT KNIGHTS] on: July 05, 2015, 01:38:43 PM
ZeitCoin busts into the top 50 on coinmarketcap.com Grin


http://coinmarketcap.com/
1210  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ZEIT] ★ZeitCoin★ COMMUNITY [FULLY POS | 20%] [ZEIT KNIGHTS] on: July 04, 2015, 05:06:48 PM
I get this condition from time to time on a win8 VM as well. The client GUI never loads, but instead displays a blank window. The only thing that seems to reliably fix the situation is a restart of the OS. The CryptoBullion(CBX) client exhibits the same behavior.

Code:
getblocks 362999 to 00000000000000000000 limit 500
  getblocks stopping at limit 363498 7707544d5c07d9a31972
getblocks 363499 to 00000000000000000000 limit 500
  getblocks stopping at limit 363998 9db4ff0fd35406a352ff
getblocks 363999 to 00000000000000000000 limit 500
  getblocks stopping at limit 364498 a9bb1b7fb750ebdc0f80
getblocks 364499 to 00000000000000000000 limit 500
  getblocks stopping at limit 364998 3b41ef8f2a27374053e4
getblocks 364999 to 00000000000000000000 limit 500
  getblocks stopping at limit 365498 f10c9afd5150a8e5c544
1211  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: July 04, 2015, 03:21:03 PM
My last 3 staked blocks averaged 198.5893% APY with an average compound APY of 528.7466%. That's nothing to sneeze at, but it's a far cry from the numbers I saw in May of 2014(517.7730%/7410.0333%).

So basically you get about the same now by holding all year as you got by selling off your monthly interest in 2014 and only holding the principle...or at least you would if exchange rates had remained the same rather than declined. The good news is that the constricted supply should continue to lead to higher exchange rates.
1212  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ZEIT] ★ZeitCoin★ COMMUNITY [FULLY POS | 20%] [ZEIT KNIGHTS] on: July 02, 2015, 11:43:12 AM
thanks kiklo. im 2.0.1.7 up to date now  Smiley

Cool,

FYI :
Jommy99 New Zeit Faucet is currently online , until he starts the update to 2.0.1.7 .

http://faucet.crypto-co.in/zeitcoin 

 Cool

Great news!

The new wallet is super quick compared to the old one. Huge speedup for those with busy wallets.
1213  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ZEIT] ★ZeitCoin★ COMMUNITY [FULLY POS | 20%] [ZEIT KNIGHTS] on: July 01, 2015, 06:48:47 PM
Only took a few mins...worked like a charm. Smiley

I'll cast my vote for a Ray/kiklo president/vp ticket. 
1214  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ZEIT] ★ZeitCoin★ COMMUNITY [FULLY POS | 20%] [ZEIT KNIGHTS] on: July 01, 2015, 06:03:52 PM
Excellent, thank you Ray. I did not know that.

...in that case, take your time kiklo. Tongue
1215  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ZEIT] ★ZeitCoin★ COMMUNITY [FULLY POS | 20%] [ZEIT KNIGHTS] on: July 01, 2015, 04:02:12 PM
Will update the install instructions and place the latest blockchain snapshot & a new bootstrap, up in the next 24 hours.

 Cool

Thanks. The sooner the better, the bootstrap on the website is imported by the beta, but then renamed to ".old" and ignored.
1216  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ZEIT] ★ZeitCoin★ COMMUNITY [FULLY POS | 20%] [ZEIT KNIGHTS] on: June 30, 2015, 11:18:47 PM
You guys are awesome! Not many coins are able to get everyone together to pitch in for something mutually beneficial. I have started syncing in anticipation of full payment.

Will take a bit, as these older chains seem to. And unfortunately with vps bootstraps sometimes dont really increase the speed of sync.

Thanks for getting a jump on it. Grin

Love some of the features you worked into your Hyperstake wallet btw, my first coins mature in a couple hours. 
1217  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ZEIT] ★ZeitCoin★ COMMUNITY [FULLY POS | 20%] [ZEIT KNIGHTS] on: June 30, 2015, 08:26:09 PM
what did you mean?  Looking forward to seeing a Zeit presstab

Here is the rate info for PressTab block explorer

To be listed for 6 months, it would come out to about $60. Or btc @ $241 that would be 0.249 btc.
or
You could also pay in HYP, current mid order book is around 360 sats, so that would be about 69,166 HYP.

OK ,
everyone that wants a PressTab block explorer , PM me.
we need at least 6 willing to pay $10 in BTC for the explorer.
If we get more than 6 willing, then the price would be even lower than $10 of btc each.

Will Post on Monday next week how many want the explorer, so we would know how much each person would have to pay.

 Cool

Good stuff man...good stuff. We're group funding a presstab hosted block explorer for ZeitCoin.

http://www.presstab.pw/phpexplorer/
1218  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ZEIT] ★ZeitCoin★ COMMUNITY [FULLY POS | 20%] [ZEIT KNIGHTS] on: June 30, 2015, 07:33:29 PM
Sent! Looking forward to seeing a Zeit presstab.

Txid

b313bc4b0e26f277cbd44d928004a511656613dd57da1853132d7c7bbfbd795b
1219  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ZEIT] ★ZeitCoin★ COMMUNITY [FULLY POS | 20%] [ZEIT KNIGHTS] on: June 30, 2015, 01:17:26 PM
Update your wallet.

 2.0.1.5 is minimum mandatory. You're on a different protocol. It's in bold green letters on the OP.
1220  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ZEIT] ★ZeitCoin★ COMMUNITY [FULLY POS | 20%] [ZEIT KNIGHTS] on: June 30, 2015, 12:42:22 PM
lol

Bought some Zeit off YoBit, withdrew them, and they quite literally hit my wallet before I could minimize the thing. It was so fast, I thought it must be a different transaction at first. Smiley

Mad props to YoBit!
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