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BigDaddySherman
Newbie
 Offline
Activity: 56
Merit: 0
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April 19, 2015, 09:59:38 PM |
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The big mistake many are making is assuming that people receiving proof of stake rewards are dumping. Just because the reward is currently 100 tron, that does not mean that the people finding the blocks are anymore likely to dump than if it was 30 tron. Why? Because why would you dump those coins when holding onto them allows them to stake even more coins for you? This whole anticipatory dumping business doesn't work with in this situation - there are literally NO running costs to recover here, it's free money to the those who purchased enough TRON of the exchange to generate a few blocks. Unlike electricity which is a wasted expenditure in mining POW, here there is nothing of the sort. Unlike POW - your hash power continues to increase the more coins you have. If I showed you the spreadsheet detailing exactly how much I've made since I started staking on Wednesday there would be a run to buy up every TRON under 250,000 Sats. You literally have no idea - we are talking hundreds of US dollars per day just by holding - and I'm proud to say I haven't sold a single TRON since.  |
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Uran0s
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April 19, 2015, 10:02:28 PM |
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Hey, my pc got rebooted suddenly, I had my wallet opened...when I want to start it after reboot it says:
"Error loading blkindex.dat"
I cant open the wallet and stack..anyone will help?
I had some coins there...
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racer2012
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April 19, 2015, 10:03:39 PM |
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The big mistake many are making is assuming that people receiving proof of stake rewards are dumping. Just because the reward is currently 100 tron, that does not mean that the people finding the blocks are anymore likely to dump than if it was 30 tron. Why? Because why would you dump those coins when holding onto them allows them to stake even more coins for you? This whole anticipatory dumping business doesn't work with in this situation - there are literally NO running costs to recover here, it's free money to the those who purchased enough TRON of the exchange to generate a few blocks. Unlike electricity which is a wasted expenditure in mining POW, here there is nothing of the sort. Unlike POW - your hash power continues to increase the more coins you have. If I showed you the spreadsheet detailing exactly how much I've made since I started staking on Wednesday there would be a run to buy up every TRON under 250,000 Sats. You literally have no idea - we are talking hundreds of US dollars per day just by holding - and I'm proud to say I haven't sold a single TRON since. +1000 |
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novirudarzg
Member
Offline
Activity: 104
Merit: 10
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April 19, 2015, 10:34:54 PM |
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The big mistake many are making is assuming that people receiving proof of stake rewards are dumping. Just because the reward is currently 100 tron, that does not mean that the people finding the blocks are anymore likely to dump than if it was 30 tron. Why? Because why would you dump those coins when holding onto them allows them to stake even more coins for you? This whole anticipatory dumping business doesn't work with in this situation - there are literally NO running costs to recover here, it's free money to the those who purchased enough TRON of the exchange to generate a few blocks. Unlike electricity which is a wasted expenditure in mining POW, here there is nothing of the sort. Unlike POW - your hash power continues to increase the more coins you have. If I showed you the spreadsheet detailing exactly how much I've made since I started staking on Wednesday there would be a run to buy up every TRON under 250,000 Sats. You literally have no idea - we are talking hundreds of US dollars per day just by holding - and I'm proud to say I haven't sold a single TRON since. +1000 indeed |
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bones261
Legendary
Offline
Activity: 1806
Merit: 1827
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April 19, 2015, 10:58:22 PM |
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Block 8576 was good to me.  And I only had 260 coins in my wallet. |
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NoobKidOnTheBlock
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April 19, 2015, 11:12:03 PM |
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Does anyone know where I can download the windows wallet for this coin? I desperately need one like right now Thanks in Advance |
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techbytes
Legendary
Offline
Activity: 1694
Merit: 1054
Point. Click. Blockchain
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April 19, 2015, 11:18:33 PM |
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Hey, my pc got rebooted suddenly, I had my wallet opened...when I want to start it after reboot it says:
"Error loading blkindex.dat"
I cant open the wallet and stack..anyone will help?
I had some coins there...
Delete blkindex.dat and re-sync. -tb- |
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racer2012
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April 19, 2015, 11:24:59 PM |
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Can dev increase the time on 21000 block reward to 50000 blocks or so and than 9% reward every year Because some new investors are just started to stake now and benefit I wish the reward goes 9% everyday not year haha  Amazing Thanks dev |
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RenegadeMan
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April 19, 2015, 11:40:02 PM |
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Can dev increase the time on 21000 block reward to 50000 blocks or so and than 9% reward every year Because some new investors are just started to stake now and benefit I wish the reward goes 9% everyday not year haha Amazing Thanks dev Aw heck....let's just go the whole hog and get him to announce a Tron version of quantitive easing with an extra 50,000 coins a day until further notice. We're all gonna be rich! |
BTC: 1KjAPEa3WvhmDGT4jmT9i5P3UPFdFH629e
DASH: Xdr6U5qcAdbuKRrr3xKBb1ySoPq7MKERnB
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bones261
Legendary
Offline
Activity: 1806
Merit: 1827
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April 19, 2015, 11:41:09 PM |
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Can dev increase the time on 21000 block reward to 50000 blocks or so and than 9% reward every year Because some new investors are just started to stake now and benefit I wish the reward goes 9% everyday not year haha Amazing Thanks dev I think the plan is to have masternodes implemented sometime around when the 9% hits. 9% a day would be nice for a spell, but eventually the coin supply would be out of control, and the price would drop significantly. Eventually, it would be hard to sell the coin even at 1 sat, unless mass adoption took over. Like with dogecoin. |
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racer2012
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April 19, 2015, 11:43:10 PM |
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Can dev increase the time on 21000 block reward to 50000 blocks or so and than 9% reward every year Because some new investors are just started to stake now and benefit I wish the reward goes 9% everyday not year haha Amazing Thanks dev I think the plan is to have masternodes implemented sometime around when the 9% hits. 9% a day would be nice for a spell, but eventually the coin supply would be out of control, and the price would drop significantly. Eventually, it would be hard to sell the coin even at 1 sat, unless mass adoption took over. Like with dogecoin. True +1 Just seeing the reward getting through staking It's amazing Bravo Dev |
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Sumo
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April 19, 2015, 11:48:03 PM |
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I found 2 thirty coin blocks today but no hundred coin blocks yet.. boooooo  |
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bones261
Legendary
Offline
Activity: 1806
Merit: 1827
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April 20, 2015, 12:00:12 AM |
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I found 2 thirty coin blocks today but no hundred coin blocks yet.. boooooo Over 1300 more blocks to go. You have a good chance of hitting it.  |
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scarface
Sr. Member
Offline
Activity: 350
Merit: 250
Spectiv VR Crowdsale: 12/08/17
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April 20, 2015, 01:03:08 AM |
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so looking at the charts the coin is still in the initial pump that happens to almost every new coin...
you all know what happens next right?
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MisterGreen
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April 20, 2015, 01:06:46 AM |
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so looking at the charts the coin is still in the initial pump that happens to almost every new coin...
you all know what happens next right?
Oh my god, you're so right. Thanks to enlighten us! We all will dump now into your buy orders..... ... NOT! |
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scarface
Sr. Member
Offline
Activity: 350
Merit: 250
Spectiv VR Crowdsale: 12/08/17
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April 20, 2015, 01:09:57 AM |
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so looking at the charts the coin is still in the initial pump that happens to almost every new coin...
you all know what happens next right?
Oh my god, you're so right. Thanks to enlighten us! We all will dump now into your buy orders..... ... NOT! nah i dont have anything just saying this happens every single time i been caught in it many times as well cuz your really excited for your holdings so you think it cant happen |
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cryptowest
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April 20, 2015, 02:17:17 AM |
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so looking at the charts the coin is still in the initial pump that happens to almost every new coin...
you all know what happens next right?
Oh my god, you're so right. Thanks to enlighten us! We all will dump now into your buy orders..... ... NOT! nah i dont have anything just saying this happens every single time i been caught in it many times as well cuz your really excited for your holdings so you think it cant happen I think right now people are dumping TRON to rent miners, but as I continue to push out work things should be OK. |
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racer2012
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April 20, 2015, 02:19:49 AM |
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so looking at the charts the coin is still in the initial pump that happens to almost every new coin...
you all know what happens next right?
Oh my god, you're so right. Thanks to enlighten us! We all will dump now into your buy orders..... ... NOT! nah i dont have anything just saying this happens every single time i been caught in it many times as well cuz your really excited for your holdings so you think it cant happen I think right now people are dumping TRON to rent miners, but as I continue to push out work things should be OK. True Why can't we have a stable value like dash |
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