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Author Topic: [GAM] Gambit | Private Trading Group | Trading Indicators | Trading Classroom  (Read 297471 times)
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raithe (OP)
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October 08, 2016, 11:57:25 PM
 #541

what is the Stake rate of Gambit? I could not find it in First Post.

5% per year

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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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raithe (OP)
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October 10, 2016, 01:21:02 AM
 #542

1 year and seven months  Shocked sez a lot.

Still here... still working.   Smiley

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October 13, 2016, 06:40:22 AM
 #543

The group is now up to 75 members.   Smiley

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October 16, 2016, 07:02:10 PM
 #544

How many coins do I need for the PoS? For example, 1 block once a week?
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October 17, 2016, 12:39:43 AM
 #545

How many coins do I need for the PoS? For example, 1 block once a week?

Staking is %5, So, you should do the maths using that not a weekly block... if you have 100 GAM, you may generate ~1 GAM every 73 days or ~0.1 GAM per week.
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October 17, 2016, 07:26:02 PM
 #546

How many coins do I need for the PoS? For example, 1 block once a week?

Staking is %5, So, you should do the maths using that not a weekly block... if you have 100 GAM, you may generate ~1 GAM every 73 days or ~0.1 GAM per week.
Yes, I know what is annual ROI, percent, inflation and etc )
But I want to know how many coins needed with current difficulty to guaranteed catching block once a week.

PS Sorry for my english.
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October 17, 2016, 07:49:07 PM
 #547

How many coins do I need for the PoS? For example, 1 block once a week?

Staking is %5, So, you should do the maths using that not a weekly block... if you have 100 GAM, you may generate ~1 GAM every 73 days or ~0.1 GAM per week.
Yes, I know what is annual ROI, percent, inflation and etc )
But I want to know how many coins needed with current difficulty to guaranteed catching block once a week.

PS Sorry for my english.

Are you planning to do an attack to the network? Tongue Just don't understand why you want to "catch a block". I think that depend on the amount of global amount of stacked coins (Right now, almost %60 are stacking). I would guess you can stack once a week with ~150 GAM on your wallet).
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October 18, 2016, 02:34:19 AM
 #548

How many coins do I need for the PoS? For example, 1 block once a week?

Staking is %5, So, you should do the maths using that not a weekly block... if you have 100 GAM, you may generate ~1 GAM every 73 days or ~0.1 GAM per week.
Yes, I know what is annual ROI, percent, inflation and etc )
But I want to know how many coins needed with current difficulty to guaranteed catching block once a week.

PS Sorry for my english.

100k minimum. currently there are only 354k left on exchange, you should hurry up to buy needed amount. In 2 weeks there will be another burn.
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October 18, 2016, 07:16:03 PM
 #549

But I want to know how many coins needed with current difficulty to guaranteed catching block once a week.

100k minimum. currently there are only 354k left on exchange, you should hurry up to buy needed amount. In 2 weeks there will be another burn.
Thank you.
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October 23, 2016, 02:06:41 PM
 #550

Hi! Is there any shedule of burning coins? Any date or timeline?
Thank you
peace

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October 24, 2016, 11:21:45 PM
Last edit: November 30, 2017, 07:03:28 AM by raithe
 #551

EDITED


This post is very old.  Please see the main thread at GambitCrypto.com for up-to-date information.


EDITED

raithe (OP)
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October 24, 2016, 11:51:38 PM
Last edit: November 30, 2017, 07:03:35 AM by raithe
 #552

EDITED


This post is very old.  Please see the main thread at GambitCrypto.com for up-to-date information.


EDITED

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October 25, 2016, 10:49:58 AM
 #553

We have just burned another 28,302.87682493 GAM bringing the total amount of burned tokens to 1,128,732.41267222.


Starting Supply: 2,500,000 GAM
Tokens Burned: 1,128,732.41267222 GAM
Supply Remaining: 1,418,329

Starting Price in USD: $0.023 per GAM
Current Price in USD: $0.372 per GAM

It's fun to see that coin "die" (as in, the supply decreasing). Every now and then, I'm opening that thread to see if any more coins were burned. Always happy to see when supply decreased further.

Allow me a question: the amount burned seems quite much recently. Is this mainly from signups to the group (membership fees), or trading profits? What makes the huge part of burned coins?

Don't visit my shitcoin blog: OCOIN.DEV
Use cointracking.info for tax declaration & tracking of your trades!
raithe (OP)
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October 25, 2016, 08:24:49 PM
Last edit: November 30, 2017, 07:03:42 AM by raithe
 #554

EDITED


This post is very old.  Please see the main thread at GambitCrypto.com for up-to-date information.


EDITED

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October 26, 2016, 07:18:52 PM
 #555

There is any plan to modify the 0.75 fee? Not inside the group yet, but I think that an increasing price would be good for coin holders and early members
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October 27, 2016, 01:31:40 AM
 #556

There is any plan to modify the 0.75 fee? Not inside the group yet, but I think that an increasing price would be good for coin holders and early members

Interesting idea.  I know a few who are waiting until GAM goes the next leg up before joining.  If the price was bumped by .25 or so at set intervals - maybe quarterly - it would discourage this practice.

Speaking of the next leg up.  I expect zcash profits over the next 6 months are going to take GAM into the 200k range.  This long consolidation in the 40-65 range is going to be left behind soon.

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November 04, 2016, 11:00:50 PM
Last edit: November 30, 2017, 07:03:51 AM by raithe
 #557

EDITED


This post is very old.  Please see the main thread at GambitCrypto.com for up-to-date information.


EDITED

chinchs
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November 09, 2016, 02:27:53 PM
 #558

Wonder how ZEC performed on the group with those 300 BTC, if the group shorted on bitmex from 10BTC, I can imagine a nice decline on the total amount of coins. Any spoiler?
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November 09, 2016, 05:50:02 PM
Last edit: November 30, 2017, 07:03:59 AM by raithe
 #559

EDITED


This post is very old.  Please see the main thread at GambitCrypto.com for up-to-date information.


EDITED

chinchs
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November 09, 2016, 06:25:58 PM
 #560

Wonder how ZEC performed on the group with those 300 BTC, if the group shorted on bitmex from 10BTC, I can imagine a nice decline on the total amount of coins. Any spoiler?

I guess you will just have to join the group to find out?  Tongue

LOL, I'll wait until next report (you post every 3 weeks or so the amount of coins burnt), having a fixed price, kills the FOMO feeling, I prefer to Hodl my GAM.
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