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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Sia - Decentralized Storage - Working Beta - Currency has been released
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on: September 03, 2015, 05:59:31 AM
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Don't stress too much about the price. I think current trading reflects that of a relativity small group aware of the project. Personally I glanced over the OP back in May and thought of it as a game changer, but admittedly I was skeptical at the time. Sia only recently popped back on my radar after being mentioned on another site I visit frequently. Ive now jumped on board after seeing the great progress made. It's only a mater of time before other traders and investors become aware and see the potential in this project.
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Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN] www.MiningPool.co - CLOSING DOWN MARCH 15th 2015
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on: March 11, 2015, 01:50:12 AM
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It is with much regret that I announce MiningPool.co will be closing down on the 15th of March 2015. The pool has been running at a loss for many months now and it is just not feasible to continue running it like this. I also do not have the time that MiningPool.co deserves due to new projects. If in the future I can find a way to operate the pool profitably it may re-open / probably with a total overhaul. Many thanks to all those who have mined in the pool since it began. Please withdraw any outstanding balances before the closing date. Thank you again. Some stats on closing: User Accounts: 37,065 Blocks Found: 1,754,868 Payments Out: 1,039,764  Sorry to hear your closing down. I wanted to log in before the 15th and withdraw any outstanding coins but looks like website is no longer available? Is there any way to check and withdraw from your pool?
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCO] X-Coin | SHA256 | PoW | PoS | No ICO and No IPO | No Premine
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on: March 05, 2015, 12:35:41 PM
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Guys, i have realized the min 25k coins to get good rewards is ridiculous. Even with the auto splitting, only 50 people have more than 25k coins. also everytime you stake you need to combine it again. I want to change the minimum input to 999 coins. And want to make it a smoother difference in rewards. And put a max reward somewhere higher. And also lower the rewards as time passes like pow does.
For this, it needs serous changes to be made in the protocol. We should create a test coin with same specs that xcoin has now. then i put the changes on the testcoin and we see if it works. Then once it works i push the changes to xcoin. The testcoin would be just a test. The chain will be reset a few times probably on the testcoin. Then the chain will end. so dont invest the testcoin. Mine it only to test with me. I hope some people want to test it with me. So we can make xcoin better than it is now.
Sounds like a plan. Agree, the 25K does seem excessive.
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Bitcoin / Press / Re: [2015-03-04] Australian Treasury: Its Too Early to Amend Bitcoin Taxes
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on: March 05, 2015, 11:35:48 AM
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Sam Dastyari seems to be very pro Bitcoin (He recently attended and spoke at a conference in Miami) and after watching the hearing It seems to me the committee believe the ATO got its definition of BTC as a commodity wrong. Lets hope the ATO amend their decision so we don't suffer the double taxing on Bitcoin any longer.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCO] X-Coin | SHA256 | PoW | PoS | No ICO and No IPO | No Premine
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on: March 05, 2015, 12:42:52 AM
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@powersup Yes. But even that (i stake 10+x more than 20-25k) you don't get 20 xco alltime. I earned 20 xco once, usually 11-12-18, few times so tiny 0.01 0.03 etc. I had 1 conflicted at 12 well mined. Maturity = 1000conf. Hmm but maybe it's better to resend all in 10+ 25k parts  than one big deposit  I'll try this Btw. maybe better change fee to 0.01 Im going to leave it for the moment because it will help POW finish sooner. I will weave some coin control magic once POW is over. It would be a nice feature to have automatic coin control which groups the IO into 25K coin blocks.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCO] X-Coin | SHA256 | PoW | PoS | No ICO and No IPO | No Premine
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on: March 05, 2015, 12:24:53 AM
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Yes price is really low. It good time to buy if you can buy between 500-1k in this moment. I try buy more coins and stake it i think we should see 2-3k at this coin in future
So does the Dev have any plans for this coin? Like is there something special about it that kind of makes it stand out from your regular crypto currency? Right now, its proof of stake makes it stand out. In the future more things will too. Xcoin's proof of stake currently (3% interest per year + 10 coins)rounded up to highest 0.999 + transaction fees paid out every time you find a block maximum reward 20 coins if you have a trivial small input you get only 0.01 reward. right now, tha smallest input to get a 10+ coins reward is 20k-25k coins per day stake. as the price goes up, i'll make it lower amount of coins to get the high reward. using condition nHeight statement for hard fork. so right now to get the high reward you need 20k - 25k coins. when the price reaches 0.0001 btc, i'll make a hard fork to make it min 5k coins to get the high rewards. using pindexBest->nHeight statement. Found it for you guys So I need to resend 20 - 25K to my wallet in one input?
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BitBean | Innovative PoS | Scalability | No IPO | No premine
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on: February 18, 2015, 02:15:11 PM
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Can someone explain to me the staking for Bean am a little confused, thinking of buying a few..  .. You need to wait 6 hours for staking. Staking reward is 1000 beans (every minute). As far as I know it depends on luck, however during last 6 hours I had about 5 time reward. is it based on stake weighting and uses age as a modifier ? Min and Max stake weight is 6 hours so block solving frequency is more dependent on number of coins and less on total stake weight. Also the modifier doesn't determine the percentage return. the stake return is fixed at 1000 coins.
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