Been reading through this thread regarding staking... you guys have to consider the compounding rate of your coins. It'll be wayyy more than 500% increase in coins if this compounds daily. The formula for compounding interest is A=P(1+(i/N)^NY. Variables P is present supply, i is interest/annum, N is the number of compounding periods, and Y is the duration of staking. Do the math: A = 750000(1+5/365)^365*1 A = 750000(1+0.0137)^365 A = 750000(143.53) A = 107250000 That may seem like a crazy number... 107,250,000 coins after 1 year... but thats the magic of compounding-daily Now lets see what happens if this coin compounds monthly: A = 750000(1+5/12)^12*1 A = 750000(1+0.4167)^12 A = 750000(1.4167)^12 A = 750000^65.36 A = 49,020,000 49 MLN total coins after 1 year. And what happens if this coin does not compound- just simple interest? A = P(1+RT) A = 750000(1+5*1) A = 750000(6) A = 4,500,000 4.5 MLN total coins after 1 year. The compounding rate has a HUGE effect on how many coins exist after 1 year. These numbers will always differ though, because not everyone stakes (exchange wallets dont stake from what I hear), and also due to the min/max stake age, the estimated supply after 1 year will almost always be less than the calculated amount. Unless the yearly increase of coins has been hard coded, percentage increases following compounding rates will always make calculating estimated supply difficult. yes with compound you will get way more than 500% but only if you actually get 500% pa stake rate which it appears not to be from the code its : age*stakeweight/365/numcoins thanks for posting a snip of the source what's the value for the constant MAX_MINT_PROOF_OF_STAKE? sorry if this seems dumb but it still doesnt make sense how 102 coins in 32 hours produce the same as 12400 in 26 hours put it this way if you opened 2 bank accounts at 5% apr deposited $100 in one and $12000 in the second would you expect them to pay the same amount of $ interest in each account each month? no
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Guys if we want price to rise, we BADLY need a professional looking OP with a professional logo. Im horrible at graphic design. Would anyone with skills care to post some graphical ideas of a professional looking logo please?
That graphic then needs to be imported into the wallet, and wallet needs to look professional. A good example is the wallet of security coin .That Atari logo almost scared me away. Most OPs with an 1981 logo are scams.
Also its not staking right , as the money supply has barley changed.
Vegas
It should be 500% after a year, with compound interest I think. Current supply is around 741k. I'l work on getting us a better logo and make the main thread look better. Any explanation for these two blocks? Here is a block of 12,357.70419541 GP Created 2.29544042 GP https://chainz.cryptoid.info/gp/block.dws?13399.htmA block of 102.05752687 GP Created 2.13115113 GP https://chainz.cryptoid.info/gp/block.dws?13394.htmAm I blind or .. whats wrong with them ? ones over 10k 25 hours ones just over 100 36 hours but gave close to the same stake reward
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The price is going up pretty nicely again but, but no one filled my buy orders yeah, mine wasn't filled too...so i just bought what i could on selling side i think we can go to the moon soon when the dumpers will be empty, because i am not selling nothing out of my stash in the close future just a little update: if we will trade 0.5 more BTC or little bit more we will have CAM on the front page coins where there is volume more than 8.1 BTC...we have 7.7 volume can someone buy like crazy please? i am out of ammo today 8.87btc volume on trexx now with a 61.2% value increase hell yea
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Guys if we want price to rise, we BADLY need a professional looking OP with a professional logo. Im horrible at graphic design. Would anyone with skills care to post some graphical ideas of a professional looking logo please?
That graphic then needs to be imported into the wallet, and wallet needs to look professional. A good example is the wallet of security coin .That Atari logo almost scared me away. Most OPs with an 1981 logo are scams.
Also its not staking right , as the money supply has barley changed.
Vegas
It should be 500% after a year, with compound interest I think. Current supply is around 741k. I'l work on getting us a better logo and make the main thread look better. I really like this coin, but the staking is definitely not at 500% per annum with larger amounts of GP. I am breaking all my GP down into smaller groups of 100 as it seems that anything over 100 GP will only stake as 100 GP whether there is 100 GP in the input or 15 000 GP. Will report back with my findings in a few days! indeed the 500% is per annum but it should be paid out per stake over the year each stake should give a portion of the interest (in the unlikely event you stake in exactly 24 hours) the stake amount should be (stake*5)/365 the following stake as stated before should include the previous interest at least that's how all other P.O.S. coins I've used work with the exception of gimp which i dumped because first stake was fine second third etc wasnt the devs answer to this was to send them to the exchange and back to my wallet!! hence why I dumped gimp. please don't take this as FUD it isn't, this is a great coin that I believe will go far
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The price is going up pretty nicely again but, but no one filled my buy orders
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i stiill have the feeling whe are not staking @ 500% i have 19k gp in my wallet staking for the last 72 hours and got 37,62GP on stake in total!
It's not it seems kinda random as to how much you get my smaller blocks seem to give me more than my larger blocks, I suspect it's something to do with coin control as the coins I've merged after minting seem to payout less than those i haven't merged! Anyone else notice anything similar? Edit: I'm avoiding coin control for a few days will post my results as and when
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Today is the big day...maybe.
It's unlikely imho, I never got any shares from ltcgear directly i got some from ipominer but after 6 weeks? Without payment I'm far from hopeful if it does payout I should get my investment back
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Does someone here knows how to get CAM to sponsored coins on bittrex or how to get CAM to other exchanges?? Since c-cex is not responding on the wallet change, it would be great if we could get this coin to some other exchange actually...what do you guys think?
think you've gotta pay Bittrex to get it sponsored but im not 100% more exchanges cant hurt, a faucet or some games would be good also (presuming there aren't already) edit: rt, not the newest or most known exchange but the more the merrier? https://twitter.com/CryptoHobo/status/556593469310132225
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Dont Fall for the New HAC HamburgerCoin thread with the Hamburger in the Logo, it is ja trojan / Virus, the dev deleted all the Warnings from the thread!
It is just a megabitload link in the OP, be warned
Thanks for the warning, Tbh though I figured a coin for hamburgers was kinda tarded so avoided i know I've mine do some crap before but I'm learning
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I wonder who is dumping so many coins???
Fellows who own wallets CQVWZgHK6fCjTqrXjwM1nzgMdx1SpFbU4 dump over 200,000 coins in last few days and CYU23424UG6BQrSdhfPQng45bS2kd7nyLe dump over 140,000 coins.Also CTMLP9ufseG5RcgcssMQmktxeezFoSUeaf dump over 200,000 coins.Those three guys working hard to take price down.Can be many reasons why they dumping.Maybe they like to shake out weak holders or they don't want to wait loooooooooooooooong way to get mega profit.Looks like we can see dump progress for week or two. me too , i want to wait long term for CAM if dump for 100 or 200 sat, i will to buy more and more I hope it doesn't get below 200 sat again, crazy price as it is just put up 3 more buy orders edit: come on dumpers, i better wake up to a bigger bag
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My wall on 300 sat is getting eatin really fast...that is insane the price was over 1000 satoshi not long ago and someone is dumping below 300 sat. You shoulda seen the mining period dev tried to keep ico price but kept getting dumped into On the plus side you've got some cracking profit coming
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So my coins staked once yesteday and after that it seems it stoped and it says again that I dont have mature coins even though I did not move them? Any idea what to do ?
If you just wait, they will mature again then stake. This will happen daily, slightly later every day on a rotation. Also you'll likely get 2 stakes next at half the size ie if you staked 1000 you likely now have 2 blocks of 500 to stake.
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Coinny correct. You need consider coin age too i am the lower block had coin age of 2-3 days the larger block (528) had 36 hours 0.018 for 36 hours really doesn't seem right in comparison i'm not new to pos pretty much all the coins i hold are pos coins, for example munne 3% pos 8 hours maturity gives me roughly .035 per thousand
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Regarding ICO funds. They're sitting on a wallet. Around 7BTC.
By the end of the week you will be able to buy yourself a meal with those 7 bitcoin And this is the reason I avoid visiting the forum that much. .. https://www.youtube.com/watch?v=lEBP9dpVM70Awesome video, yes a good time to be buying btc imho
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@rahmad7 another bit of info, as your coins stake they'll split in half to a point, a 40k chunk becomes 2*20k each 20k gives 2*10k and so on. meaning each time you stake the next rewards for the same amount of time will be smaller but you'll have more blocks to stake meaning you'll actually get about the same amount. you can join these together again using coin control if you like just select the smaller blocks and send them to your own address
Speaking of Coin Control. I have some styling edits to fix with that. yea its a pain to use atm but you've done so much i didn't want to mention it
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@rahmad7 another bit of info, as your coins stake they'll split in half to a point, a 40k chunk becomes 2*20k each 20k gives 2*10k and so on. meaning each time you stake the next rewards for the same amount of time will be smaller but you'll have more blocks to stake meaning you'll actually get about the same amount. you can join these together again using coin control if you like just select the smaller blocks and send them to your own address
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This is normal or not i'm stake for 5 hour... ..img looks ok to me, one orphan but that's nothing to worry about
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april 2015? chalked this up to a loss awhile back but id rather hold a bag than sell at a loss tbh.
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