Estimated money supply growth over 365 days @ 10% per month daily compounded, based on 109,804 starting coins. This seems to be in the sweet spot.

 

Alternative procedure.

1) Rename \Roaming\MasterTrader directory to MasterTrader.old.
2) Install new wallet and let it synch.
3) Close new wallet.
4) Copy wallet.dat file from MasterTrader.old to the new MasterTrader directory and overwrite.
5) Open new wallet.
6) Unlock for staking.

A good trader has patience. Nothing needs to be rushed.

The correct way to do things is to plan downstream outcomes, but realizing the outcomes by focusing attention on making upstream designs and changes which will then have downstream effects and impacts. It is much less efficient to try and create outcomes by focusing attention on downstream.

I can confirm that in my wallet 8226

Is it safe to assume that irrespective of any differences there might be between pool, wallet and exchange block heights, that if coins show in your wallet on bittrex that you will be ok at block 10,000? Are all parties on same fork to prevent a surprise when some people get coins put in a time machine to a different location when block 10,000 is reached?

If a bank goes for a virtual currency, it would create its own and put millions $ into the development. The will not take over someone else's coin. The idea is novel, but think about it, why would a bank trust someone else if they can create their own super currency using their own devs and build something great.

Bank of England is already playing with the idea of creating their own coin.

http://www.theregister.co.uk/2015/02/26/bank_of_england_considers_its_own_brand_of_bitcoin/

Silver costs $15.96/oz currently. What spot rate will you be quoting the coins at, meaning how many WBB per coin? Also, are you going to add WBB to a payment service in order to facilitate online payment via shopping cart or will it be a manual transfer of the coins?

Also, you did not answer my question about how you will finance the silver for the coins. Lets assume for a moment that you finance the silver independently. Why then did you not then make the silver coin range first before you launched WBB and allowed WBB to go cold. If you made the silver coins first you could have released the silver coin range while WBB was still high. Not it is low and people are starting to ask questions.

Dev, will there be silver coins at all?

Excellent work thanks Spots.

In the absense of any plans, lets make it high POS and lets make some money.

Here are the projected money supply graphs. All options have 8% per day up to 21 days. I think the numbers talk for themselves. Too high stake is only for short term profit. If the original dev has no plans then the coin becomes just a speculative tool and then a high stake can just as well be chosen as it will before long be out of control.

Spots is sorting out the blockchain. The rest needs to make sure that the right decision is made regarding the future. It would also help if the original dev explained his plans because the existence/existence thereof plays a big role in the outcome.

Remember the core principles of this coin is its advertising roadmap that will create demand if properly executed. Since it is going to be POS when fixed, the stake % must be such that there is incentive to stake, but not so much staking that the inflation escalates out of control That would impact the long term viability. The extreme percentages are or experiments and would not be suitable for the initial advertising roadmap.

The initial plan o the dev was to have 8% staking for 21 days and then 8% per year. This will probably lead to lots of action in the 21 days and then the speculators will leave. Without a demand for the coin by 21 days, the coin will unfortunately die. The stake % must be matched to the demand created by the advertising roadmap. While development etc. happens, staking must create demand and carry the coin. When advertising roadmap is implemented, the staking % plays a lesser role since the business plan will be implemented to create demand. You also do not want to create so many coins in circulation that he numbes become ridiculous.

The pros of a high stake percentage is that it will satisfy the speculators demand for quick profit. The cons of a high % is that inflation and money supply skyrockets exponentially causing economics problems.

The pros of a low % is that there will be fewer coins that increases its rarity. The cons is that few will be staking and more will be speculating or leaving the scene.

A balance has to be found. While the advertising roadmap is implemented staking can be in a mid range. When management is happy that the plan is implemented and working a fork can be done to lower the staking %. I would say that use the 8% per day (2920% per year) for 21 days that would bring the money supply up to 20,765,030  in all scenarios and then apply a max of 50% per year on top of that which will bring total money supply after year 1 at  33,254,189 . Anything above that becomes ridiculous. I will post money supply graphs later on to indicate how ridiculous a too high supply is after a while. After year one, if the advertising roadmap is implemented or earlier if it happens earlier, a hard fork can be done to bring down staking interest to 8% per year as per original specs. if the coin is not accepted and used as per the roadmap by this time with the resultant price, the coin will fail in anyways.

PS: I dont think that the people that vote for too high stake % realize the implications. They will after I post the projected money supply graphs and numbers.

Short term price fluctuations is necessary to maintain volume and to spread the holding base. Ups and downs will always happen and is perfectly fine. As things progress and mature over time price will follow and become more stable with less extreme movements to either side.

You did nothing wrong. This is by design. When you stake and your wallet solves a block, the coins move to the staking line. While the coins are staking, you cannot move them. You will have to wait for the staking to finish before you can send the coins out. You will have to wait for all the confirmations to happen. If you go to the transactions tab in the wallet, you can see how many confirmations still have to happen before the coins will become available again. Remember that if you send your coins to another wallet, it will currently take 3 hours before they mature and become eligible to stake again. You lose your place in the queue so to speak.

First fix the rockets. Then build the launch pad.

Personally I give a strong weighting to fundamentals when looking at shares/coins. Things that play an important role for me are quality of management team, vision, strategy, roadmaps, business objectives/goals, product quality/demand, managements ability to deliver the product on time and performance. A coin can be seen just as a company. If the fundamentals are strong, then chances are good that long term value will go up. Short term price movements, bulls and bears are most of the time just speculative but plays an important part to create volume. Unfortunately most coins fail in the fundamentals, leaving the coin in free float and at the  mercy of speculators and this to me plays a big part in why so many coins fail. A fail in management leads to a dead coin.

We will see how MTR fares on the fundamentals like product and demand, but so far it scores well on some of the points mentioned. It is important to make sure there is a good mix in the holders with long term and short term objectives to ensure enough staking but also enough speculation to maintain the required  volumes. Time will tell.

Not coming up for the dev, but Bitcoinminer warnings are standard for all SHA256 coingen / concreator wallets. It originates from the days of mining Bitcoin with CPUs. Hackers tried to hijack machines for mining Bitcoin to their addresses. It is always best of a dev creates his own proper wallet than to use coingen / coincreator.

Having said this, here are the golden rules:
- Upload to Virustotal to be sure.
- Never use wallets from unknown devs to be safe
- If you do then use at your own risk
- Never install on a production mining machine, always use a standalone machine.

Suprnova on 7115. What does minerpools report?

I am yanking your chain. Chill.