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Author Topic: [GAM] Gambit | Private Trading Group | Custom Trading Indicators | Supply Burn  (Read 180335 times)
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purplejaguar
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May 25, 2015, 03:49:20 PM
 #181

Top 25 largest balances:

0. 509773.27 [Premine tokens that will be permanently burned by Bittrex]

1. 109725.63
2. 100000
3. 100000
4. 99750
5. 76209.47
6. 69515.8
7. 62102.53
8. 59850.35
9. 53768.89
10. 52667.87
11. 52238.81
12. 50000
13. 46154.97
14. 43990
15. 41338.52
16. 35910
17. 35064.91
18. 31388.01
19. 31241.14
20. 29844.86
21. 27929.62
22. 27431.25
23. 25522.26
24. 21371.66
25. 20149.5


VS richlist:

http://explorer.gambitcrypto.com/richlist

1   1508848.45144854  60.35%  Shocked Huh Huh
2   509773.26429452   20.39 BURNED TOKENS   
3   83011.14800196   3.32
4   62122.62471755   2.48
5   59858.75197451   2.39
6   50002.91516385   2.00
7   38387.92526551   1.54
8   25006.56384620   1.00
9   20154.91912703   0.81
10   17470.42223050   0.70
11   16123.67797418   0.64
12   15916.32012325   0.64
13   14936.00000000   0.60
14   12586.72081788   0.50
15   11003.56319943   0.44
16   10003.23111130   0.40
17   8005.31589004   0.32
18   7999.98000000   0.32
19   6507.02344070   0.26
20   3691.24660255   0.15
21   3098.21935963   0.12
22   2508.23277599   0.10
23   1808.44148170   0.07
24   1679.03647575   0.07
25   1511.31552502   0.06

Care to elaborate about this?

Congratulations! Seems like you discovered Bittrex' wallet  Roll Eyes Roll Eyes Grin
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May 25, 2015, 03:52:54 PM
 #182

Top 25 largest balances:

0. 509773.27 [Premine tokens that will be permanently burned by Bittrex]

1. 109725.63
2. 100000
3. 100000
4. 99750
5. 76209.47
6. 69515.8
7. 62102.53
8. 59850.35
9. 53768.89
10. 52667.87
11. 52238.81
12. 50000
13. 46154.97
14. 43990
15. 41338.52
16. 35910
17. 35064.91
18. 31388.01
19. 31241.14
20. 29844.86
21. 27929.62
22. 27431.25
23. 25522.26
24. 21371.66
25. 20149.5


VS richlist:

http://explorer.gambitcrypto.com/richlist

1   1508848.45144854  60.35%  Shocked Huh Huh
2   509773.26429452   20.39 BURNED TOKENS   
3   83011.14800196   3.32
4   62122.62471755   2.48
5   59858.75197451   2.39
6   50002.91516385   2.00
7   38387.92526551   1.54
8   25006.56384620   1.00
9   20154.91912703   0.81
10   17470.42223050   0.70
11   16123.67797418   0.64
12   15916.32012325   0.64
13   14936.00000000   0.60
14   12586.72081788   0.50
15   11003.56319943   0.44
16   10003.23111130   0.40
17   8005.31589004   0.32
18   7999.98000000   0.32
19   6507.02344070   0.26
20   3691.24660255   0.15
21   3098.21935963   0.12
22   2508.23277599   0.10
23   1808.44148170   0.07
24   1679.03647575   0.07
25   1511.31552502   0.06

Care to elaborate about this?

Top wallet is Bittrex, which includes all coins currently being on that exchange.
Correct me if I'm wrong, but that's it as far as I know.

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May 25, 2015, 03:55:00 PM
 #183

Ohhh now I get it. Accounts that haven't actually withdrawn their coins yet... #stupidme  Grin
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May 25, 2015, 05:54:37 PM
 #184

Glad we're back.  Been a pretty good first week so far.  Can't wait to get an update from the dev.

When does the day trading begin?  How many traders have been established?  Thanks.
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May 25, 2015, 09:30:39 PM
 #185

When does the day trading begin?  How many traders have been established?  Thanks.
The top line of the trading spreadsheet says that trading will begin after the long (Memorial) Holiday weekend.

SYNC: Sd3XBRmhrrr39Wj4rtjb3YAkwWvCze44BZ                    ORB: odyWi677JDQy7Gc6Nv6kCdnajmScqgTkDE       Honest pools (payout matching calculation):
TransferWise: International money transfer for 1%fee        Doge to the moon! D9FGY7Bhwbj2jrnk7v8VR47HTu7vfVu1gV         Nut2pools and Steadymining
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May 25, 2015, 09:34:03 PM
 #186

It appears that the distribution (of balances) that you see on BitTrex is *not* the rich list, it is *not* looking at the block chain,
it is only showing that for the balance in the Bittrex wallet (the top entry in the rich list), how that balance is divided over Bittrex accounts.
I have balance outside Bittrex that does not show on their distribution list, only my balance on Bittrex does.

SYNC: Sd3XBRmhrrr39Wj4rtjb3YAkwWvCze44BZ                    ORB: odyWi677JDQy7Gc6Nv6kCdnajmScqgTkDE       Honest pools (payout matching calculation):
TransferWise: International money transfer for 1%fee        Doge to the moon! D9FGY7Bhwbj2jrnk7v8VR47HTu7vfVu1gV         Nut2pools and Steadymining
purplejaguar
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May 25, 2015, 10:18:25 PM
 #187

It appears that the distribution (of balances) that you see on BitTrex is *not* the rich list, it is *not* looking at the block chain,
it is only showing that for the balance in the Bittrex wallet (the top entry in the rich list), how that balance is divided over Bittrex accounts.
I have balance outside Bittrex that does not show on their distribution list, only my balance on Bittrex does.

This is correct!
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May 25, 2015, 10:41:37 PM
 #188

in4pump

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May 25, 2015, 11:27:15 PM
 #189

in4pump
Who isn't - tomorrow the game (trading) starts...
When successful, that will create a lot of buy pressure!

SYNC: Sd3XBRmhrrr39Wj4rtjb3YAkwWvCze44BZ                    ORB: odyWi677JDQy7Gc6Nv6kCdnajmScqgTkDE       Honest pools (payout matching calculation):
TransferWise: International money transfer for 1%fee        Doge to the moon! D9FGY7Bhwbj2jrnk7v8VR47HTu7vfVu1gV         Nut2pools and Steadymining
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May 25, 2015, 11:39:37 PM
 #190

Update

Hello everyone -- it's nice to see the forums back online.  Make sure to follow @GambitCrypto on Twitter or check the website every day if any other untimely situations come up such as this Bitcointalk hack.

To catch everyone up to speed:

The markets are now open
https://www.bittrex.com/Market/Index?MarketName=BTC-GAM


The wallets have been released
EDITED: Download the newest version from Gambitcrypto.com


The block explorer has been updated
https://chainz.cryptoid.info/gam/#
  • Rich-list has been enabled (top 100 wallets with the highest balance)
  • Tagged addresses have been added


To confirm what was posted already regarding the top wallet having over 60%, that is the Bittrex wallet for users who have not withdrawn any tokens.  It started at just under 2 million and will slowly decrease as more users start withdrawing so they can earn staking rewards.

More information regarding the traders, how that system is going to work, and how to become a trader will be posted tomorrow

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May 26, 2015, 12:59:53 AM
 #191

You can see a live example of a tagged address by visiting the burn address: GHqvR8KwyrcJ5UJHvwf7RmLtvAnr5uTHdV.  You will see that it has a note "GAMBIT BURNED TOKENS" and a link that explains what this means.
I noticed that only about 40 people have withdrawn their Gambit into their wallet and possibly less, if people created multiple addresses in their wallet. But only about 500k Gambit has been withdrawn and still 1.5 mio remain on Bittrex, so there are probably still many people
who need to setup a wallet and withdraw to increase the amount of staking - you get 5% free interest per year...

SYNC: Sd3XBRmhrrr39Wj4rtjb3YAkwWvCze44BZ                    ORB: odyWi677JDQy7Gc6Nv6kCdnajmScqgTkDE       Honest pools (payout matching calculation):
TransferWise: International money transfer for 1%fee        Doge to the moon! D9FGY7Bhwbj2jrnk7v8VR47HTu7vfVu1gV         Nut2pools and Steadymining
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May 26, 2015, 01:49:52 AM
 #192

Update

Hello everyone -- it's nice to see the forums back online.  Make sure to follow @GambitCrypto on Twitter or check the website every day if any other untimely situations come up such as this Bitcointalk hack.

To catch everyone up to speed:

The markets are now open
https://www.bittrex.com/Market/Index?MarketName=BTC-GAM


The wallets have been released
Windows: https://mega.co.nz/?#!YpMnHK4Q!jHV0u9WU7Lx6Re1DcpK2IhEJ9A_6DGILxIOiW8SICVE

Mac: https://mega.co.nz/?#!QgdBEbLQ!L0BMKCbCNCmAsayeegxeYQiedfHwogjqyyTiiq34_A4

Linux: https://mega.co.nz/#!fVVlBRBI!__q6IoB5CpDzXKe-togCDyp0pKte_pollM-WqN7gTQs


The block explorer has been updated
http://explorer.gambitcrypto.com
  • Rich-list has been enabled (top 100 wallets with the highest balance)
  • Tagged addresses have been added

You can see a live example of a tagged address by visiting the burn address: GHqvR8KwyrcJ5UJHvwf7RmLtvAnr5uTHdV.  You will see that it has a note "GAMBIT BURNED TOKENS" and a link that explains what this means.

To confirm what was posted already regarding the top wallet having over 60%, that is the Bittrex wallet for users who have not withdrawn any tokens.  It started at just under 2 million and will slowly decrease as more users start withdrawing so they can earn staking rewards.

More information regarding the traders, how that system is going to work, and how to become a trader will be posted tomorrow

Good work re. this coin and dev, keep it up and you may have something here.  I'm sure the manipulation and price ups/downs will happen but I really hope it only goes in a positive direction, both in development AND price! Wink  Going by what you wrote under "Trading Fund" in your OP....this coin "SHOULD" explode as time passes (and possibly not even that much time).

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May 26, 2015, 08:15:46 AM
 #193

I am running the Windows wallet without any problems, I did not even need a configuration file and it started sync'ing right away.
If I am not mistaken, we have crossed the block 15,000 boundary earlier today, switching from PoW to staking
and this happened very smoothly, no difference in wallet operation noticeable, just that the PoW diff no longer changes
but instead the Staking diff is moving, albeit still very low (0.0003, barely above the minimum).
In the beginning there was a period where there were too little blocks (30 in an hour instead of the design target of 60)
but this compensates the flurry of blocks yesterday where there were up to 100 per hour.
All in all a very good operation of the wallet.

SYNC: Sd3XBRmhrrr39Wj4rtjb3YAkwWvCze44BZ                    ORB: odyWi677JDQy7Gc6Nv6kCdnajmScqgTkDE       Honest pools (payout matching calculation):
TransferWise: International money transfer for 1%fee        Doge to the moon! D9FGY7Bhwbj2jrnk7v8VR47HTu7vfVu1gV         Nut2pools and Steadymining
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May 26, 2015, 03:01:26 PM
 #194

Downloaded and synced the wallet.  Moved my tokens off the exchange.  Hope to be staking later today...
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May 26, 2015, 06:26:03 PM
 #195

downloaded mac wallet, currently syncing no issues.
nothing but a smooth transition.
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May 26, 2015, 06:28:45 PM
 #196

Really glad I bought some of these coins through the ICO and looking forward to future plans and staking some coins Smiley Cheers

 

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............NoobKidOnThe.BLOCK.....
 
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May 26, 2015, 11:19:31 PM
 #197

Good stuff dev. Looking forward to the beginning of the fund trading! Smiley Roll Eyes

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May 27, 2015, 12:17:34 AM
 #198

Hey Collin,
How does the wallet decide to re-combine inputs that it earlier split in half?
I see with every time staking the inputs go from 1000 to 2x500 to 4x250 to 8x125 and so on,
but occasionally I see a large stake reward and the number of inputs has decreased by about 15,
so apparently if the bits get too small, it will at times decide to collect a bunch of inputs that are ready to stake
and create a single bigger input again. But it does not do this every time, it seems kinda random?

SYNC: Sd3XBRmhrrr39Wj4rtjb3YAkwWvCze44BZ                    ORB: odyWi677JDQy7Gc6Nv6kCdnajmScqgTkDE       Honest pools (payout matching calculation):
TransferWise: International money transfer for 1%fee        Doge to the moon! D9FGY7Bhwbj2jrnk7v8VR47HTu7vfVu1gV         Nut2pools and Steadymining
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May 27, 2015, 02:28:42 AM
 #199

Solid Pursuit hope coin pans out.
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May 27, 2015, 04:03:37 AM
 #200

Hey Collin,
How does the wallet decide to re-combine inputs that it earlier split in half?
I see with every time staking the inputs go from 1000 to 2x500 to 4x250 to 8x125 and so on,
but occasionally I see a large stake reward and the number of inputs has decreased by about 15,
so apparently if the bits get too small, it will at times decide to collect a bunch of inputs that are ready to stake
and create a single bigger input again. But it does not do this every time, it seems kinda random?

Staking works on set parameters designed to keep the network secure and stable.  Some coins have bad settings because they mess around with things like coins supply (too much, too little). Gambit is based on the Jumbucks code base with similar specs so I know it works well.

So the staking parameters are based on consensus so everyone works based on the same rules. Coin inputs may split, combine, etc...  It's all programmed in. Some things are also based on the staking difficulty at the time as well.

But in general it all "works out".  There is no quick answer though so you'd need to read up on Proof of Stake networks to get the full answer.

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