[ANN] ★ Save and Gain ★ COINSWAP ABOUT TO START -> POS/POW X11

[crunck]

Can you please upload the windows wallet to Mediafire and send me the link because I'm unable to download it from the given Mega link.

Also is there any online wallet available for it? So that I don't have to download the full blockchain?

Mega link is available form www.coinaid.co.uk ( I will update ANN ) also block chain isnt that big so wont take long to sync

Thanks

[crunck]

A further 50k sprouts have been added and we have 0.07025922 BTC ready to invest - Any Ideas ?

I've done it, doesn't necessarily make it a good idea, but it most probably is

https://altcoinsteps.com/cloudStake/dashboard

Min invest is from 1000 coins

We have had convo's over steps before but have decided against it, however if the SandG community decide it is now a good idea then fine..... ?

[crunck]

Why not simply staking and selling 80% of stakings for buy wall and the other 20% for make the staking bigger ?

I have no idea here what you are trying to say ?

[bhokor]

i am gonna try to explain myself in my shitty english

You have some pos coin, this coins stake then you sell on the market the 80% of the staked quantity and leave the other 20% with the principal for make the stakes bigger
you should not sell daily but it would be interesting to sell in a weekly basis

if you do that every time stakes will be bigger and it help to solve daily save and gain issues to erode the value

have you understand now my idea¿?

pd= sorry again for my ultra low quality english

pd2= i bought in  130 and now is 60

[crunck]

i am gonna try to explain myself in my shitty english

You have some pos coin, this coins stake then you sell on the market the 80% of the staked quantity and leave the other 20% with the principal for make the stakes bigger
you should not sell daily but it would be interesting to sell in a weekly basis

if you do that every time stakes will be bigger and it help to solve daily save and gain issues to erode the value

have you understand now my idea¿?

pd= sorry again for my ultra low quality english

pd2= i bought in  130 and now is 60

Ok

Its 75% not 80% we send to the exchange, and I do it weekly at minimum some times longer, and the price bounces from 60 and 130 so dont worry too much about that.

Thanks

[crunck]

6 CUBE staked
6 CUBE sent to yobit
0.01766460 BTC


5362 Sprouts staked
4021 sent to cryptsy
0.00305596 BTC


450 PayCon staked
337 sent to crypsty
0.00098404 BTC


74.8 Tek staked
56.1 sent to cryptsy
0.00035904 BTC

Total exchanged 0.02206364 BTC
=================================================

Total holdings Value at current rates

TEK
0.00679040

RATE
0.11853552

SPROUTS
0.10112104

HYP
0.04208900

CON
0.11837727

CUBE
0.15347820

0.54039143 coin value
0.08 in BTC ready to invest in other coins

Total 0.62 BTC

[bhokor]

crunk how much of the profits is used for buy orders of sandg in yobit?

[Tortoise75]

crunk how much of the profits is used for buy orders of sandg in yobit?

Yesterday I think all of it. The big buy block is about BTC 0.0238, the first part was probably the sold CUBE at Yobit, the second ~5 hours later the funds from Cryptsy.

How he handles it generally you'd have to wait for Crunck to answer though.

How I would handle it? Usually I'd use the funds from on exchange sells right at that exchange. Most of the time the withdrawal and tx fees would be higher than the benefit of price differences as long as the profits don't exceed the sell volume of a price range. For the rest I'd wait until the collected amount is high enough so not a too high percentage is taken as fee and choose the exchange that offers the better conditions for buy up and transfer the whole lot there.

[incognitoworker]

Hi, we like your project, and would like to inform about our direct trade option.
You can buy all our pos stakes for xqn at 5% discount of market price.
So if your project were to invest with us, you can trade your xqn stake directly for many other pos coins also.
Let us know if you have any questions at all.
Happy staking!

[crunck]

crunk how much of the profits is used for buy orders of sandg in yobit?

Yesterday I think all of it. The big buy block is about BTC 0.0238, the first part was probably the sold CUBE at Yobit, the second ~5 hours later the funds from Cryptsy.

How he handles it generally you'd have to wait for Crunck to answer though.

How I would handle it? Usually I'd use the funds from on exchange sells right at that exchange. Most of the time the withdrawal and tx fees would be higher than the benefit of price differences as long as the profits don't exceed the sell volume of a price range. For the rest I'd wait until the collected amount is high enough so not a too high percentage is taken as fee and choose the exchange that offers the better conditions for buy up and transfer the whole lot there.

Very well observed as that is exactly what happened.

What I generally do is look at the topia Arbitrage page here https://www.cryptopia.co.nz/Arbitrage and asses where we will get the best prices.
I also have to bear in mind that we can only sell SandG on two exchanges ( all though that may change in the next 3 days so please vote here : https://c-cex.com/?id=vote ) and not all our POS coins are on one exchange, normally but not all ways cryptsy gives the best price but they have a min 0.01BTC withdraw clause, but also in cryptsy favour is the fact that they offer cryptsy points on trade volume and these points I can use to vote up SandG on that exchange and hopefully get it listed on there one day.

[bhokor]

mmm, doing some number with a 20 coins reward and 4 minutes blocks it is about 7200 new coins daily, if we want to support the price for example in 100 satoshis per coin it would need 0.00720 btcs daily , do you think we can get 720000 satos daily?

thanks

[BitcoinNational]

0.0072 btc/day

for a small coin it might be hard to constantly raise $5/day, so yes as more coins are minted the price will adjust, basic inflation.

but that assumes all minted coins are sold ... in reality that doesn't happen ... so SandG might only need $1/day in new investment ... i also predict that SandG has a future and will have community growth that will more than absorb the inflation and the price then goes up.

 

[Tortoise75]

mmm, doing some number with a 20 coins reward and 4 minutes blocks it is about 7200 new coins daily, if we want to support the price for example in 100 satoshis per coin it would need 0.00720 btcs daily , do you think we can get 720000 satos daily?

thanks

In short, yes. I think that will be possible. When it's a bit hard to predict. Based on the last few weeks that would take almost a year. On one side the investment value got hit by the general altcoin price drop loosing more than 40% of its BTC value over last month or so (The value per $ is still almost the same). On the other the last staking profit/buy back was the largest we had yet, curtesy to CUBE. The next will be interesting, CUBE lost 2/3rds of its value at current prices but the amount of staked coins should be about 4 times the amount traded last time.

Edit: If the PoW rewards are still following the plan, and since there was no hard fork I know about they still should, then the block reward is still 100 coins. The block time on the other hand from both difficulty and average is more like 7.3 minutes. I'd guess while PoS blocks are disabled the mechanics still plan for every other block to be PoS and aiming for a 8 minute PoW block time minus a little bit to make up for the PoS blocks not happening./Edit

Then there's the BTC price, if it drops again below 300$ the altcoin prices are to be expected to raise, if it stays about where it is I'd expect a slight increase with people that sold BTC coming back in and with some luck new people joining after learning about crypto. It's a nice way to gamble and toy in FX trading with a budget equivalent of pocket change after all. If BTC raises further things might get a bit tough initially, the trading on smaller exchanges and alts might struggle with further drying out of volume. On the up side, if trading volume can take it the prices might actually hold better this time and marketcap in $ could rise.

The biggest factor to accelerate things quite a bit are further donations to the assets though. Looks to be a good time to get some coins for rather low prices actually (and Cryptsy stalls most of my free BTC funds in a withdrawal for 2 days now ). Btw. Crunck, which of our asset coins could do with a little boost in your opinion? If I follow things correctly HYP failed to stake for 3 weeks now and RATE and TEK drop out for a week occasionally.

[crunck]

mmm, doing some number with a 20 coins reward and 4 minutes blocks it is about 7200 new coins daily, if we want to support the price for example in 100 satoshis per coin it would need 0.00720 btcs daily , do you think we can get 720000 satos daily?

thanks

In short, yes. I think that will be possible. When it's a bit hard to predict. Based on the last few weeks that would take almost a year. On one side the investment value got hit by the general altcoin price drop loosing more than 40% of its BTC value over last month or so (The value per $ is still almost the same). On the other the last staking profit/buy back was the largest we had yet, curtesy to CUBE. The next will be interesting, CUBE lost 2/3rds of its value at current prices but the amount of staked coins should be about 4 times the amount traded last time.

Edit: If the PoW rewards are still following the plan, and since there was no hard fork I know about they still should, then the block reward is still 100 coins. The block time on the other hand from both difficulty and average is more like 7.3 minutes. I'd guess while PoS blocks are disabled the mechanics still plan for every other block to be PoS and aiming for a 8 minute PoW block time minus a little bit to make up for the PoS blocks not happening./Edit

Then there's the BTC price, if it drops again below 300$ the altcoin prices are to be expected to raise, if it stays about where it is I'd expect a slight increase with people that sold BTC coming back in and with some luck new people joining after learning about crypto. It's a nice way to gamble and toy in FX trading with a budget equivalent of pocket change after all. If BTC raises further things might get a bit tough initially, the trading on smaller exchanges and alts might struggle with further drying out of volume. On the up side, if trading volume can take it the prices might actually hold better this time and marketcap in $ could rise.

The biggest factor to accelerate things quite a bit are further donations to the assets though. Looks to be a good time to get some coins for rather low prices actually (and Cryptsy stalls most of my free BTC funds in a withdrawal for 2 days now ). Btw. Crunck, which of our asset coins could do with a little boost in your opinion? If I follow things correctly HYP failed to stake for 3 weeks now and RATE and TEK drop out for a week occasionally.

HYP last staked : Date: 09/11/2015 04:06, and we are currently on 4 days but we have been on 4 days for almost a week
Rate has staked since the last exchange: 4x staked on the 30th and 1 on the 4th and that's it, TEK is hit and miss and something that I am thinking of removing.

[Tortoise75]

My thoughts about the protfolio:

Well, given the rather low amount of TEK it's one of our top-performers percentage wise. But again given the rather low amount I guess it's really either getting quite some more, something of at least BTC0.05 worth, or removing it.

With HYP things are a bit troublesome with its long mature times, the price dropping to half of its former value and delisting on Bittrex. But given it gets another bunch of stakes in soon it's performing not too badly and there's still Cryptsy doing healthy trading volume. But another coin that needs some little more BTC invested. But adding them now is quite likely adding to that big staking block every second month and not filling the gap in between.

CON is doing solid and a rather dependable source of buy back funds, and orphan blocks it seems.

The returns from XRA are a bit underwhelming so far. Now is this because most of the inputs are aimed to mature until they reach a higher reward?  The range is 1% interest for inputs staking with less a day age to over 25% interest for 256+ days old inputs. But then the minimum reward is 100 XRA, quite a headache figuring out the most profitable approach. Quick guess perhaps inputs around 500, they get caught by the minimum reward if staking early but hopefully shouldn't take that much beyond that 256 day mark to stake. Something for the long term indeed.

Sprouts is just doing grand.

CUBE has the potential to be grand as well if not too much of the rewards getting eaten away by inflation.

ORB is a nice addition, a solid coin. With that fixed reward of 1 ORB per block we will have to see how well it performs as it depends heavily on how many coins are staking on average.

[Mario241077]

mmm, doing some number with a 20 coins reward and 4 minutes blocks it is about 7200 new coins daily, if we want to support the price for example in 100 satoshis per coin it would need 0.00720 btcs daily , do you think we can get 720000 satos daily?

thanks

In short, yes. I think that will be possible. When it's a bit hard to predict. Based on the last few weeks that would take almost a year. On one side the investment value got hit by the general altcoin price drop loosing more than 40% of its BTC value over last month or so (The value per $ is still almost the same). On the other the last staking profit/buy back was the largest we had yet, curtesy to CUBE. The next will be interesting, CUBE lost 2/3rds of its value at current prices but the amount of staked coins should be about 4 times the amount traded last time.

Edit: If the PoW rewards are still following the plan, and since there was no hard fork I know about they still should, then the block reward is still 100 coins. The block time on the other hand from both difficulty and average is more like 7.3 minutes. I'd guess while PoS blocks are disabled the mechanics still plan for every other block to be PoS and aiming for a 8 minute PoW block time minus a little bit to make up for the PoS blocks not happening./Edit

Then there's the BTC price, if it drops again below 300$ the altcoin prices are to be expected to raise, if it stays about where it is I'd expect a slight increase with people that sold BTC coming back in and with some luck new people joining after learning about crypto. It's a nice way to gamble and toy in FX trading with a budget equivalent of pocket change after all. If BTC raises further things might get a bit tough initially, the trading on smaller exchanges and alts might struggle with further drying out of volume. On the up side, if trading volume can take it the prices might actually hold better this time and marketcap in $ could rise.

The biggest factor to accelerate things quite a bit are further donations to the assets though. Looks to be a good time to get some coins for rather low prices actually (and Cryptsy stalls most of my free BTC funds in a withdrawal for 2 days now ). Btw. Crunck, which of our asset coins could do with a little boost in your opinion? If I follow things correctly HYP failed to stake for 3 weeks now and RATE and TEK drop out for a week occasionally.

HYP last staked : Date: 09/11/2015 04:06, and we are currently on 4 days but we have been on 4 days for almost a week
Rate has staked since the last exchange: 4x staked on the 30th and 1 on the 4th and that's it, TEK is hit and miss and something that I am thinking of removing.

If you had kept ORB, sandg would be a fair distance more

[drury211]

Hey all!

Do any of you have any Nodes I can connect to you to sync up...I'm not seeing any connections in my wallet!

Scott

[Mario241077]

Hey all!

Do any of you have any Nodes I can connect to you to sync up...I'm not seeing any connections in my wallet!

Scott

https://www.cryptopia.co.nz/BlockExplorer

addnode=198.245.50.213:31454
addnode=76.95.178.229:31454
addnode=107.170.167.218:31454
addnode=149.202.102.73:31454
addnode=188.0.40.50:31454
addnode=192.161.48.34:31454
addnode=64.57.133.225:31454



12:46:30

[
{
"addr" : "94.23.32.109:31454",
"services" : "00000001",
"lastsend" : 1449575159,
"lastrecv" : 1449574914,
"conntime" : 1449574913,
"version" : 60014,
"subver" : "/SandGCoin:1.0.0/",
"inbound" : false,
"startingheight" : 34142,
"banscore" : 0
},
{
"addr" : "192.161.48.34:31454",
"services" : "00000001",
"lastsend" : 1449575159,
"lastrecv" : 1449575159,
"conntime" : 1449574946,
"version" : 60014,
"subver" : "/SandGCoin:1.0.0/",
"inbound" : false,
"startingheight" : 34142,
"banscore" : 0
},
{
"addr" : "149.202.102.73:31454",
"services" : "00000001",
"lastsend" : 1449575159,
"lastrecv" : 1449575041,
"conntime" : 1449575025,
"version" : 60014,
"subver" : "/DarkTron:1.4.0/",
"inbound" : false,
"startingheight" : 231938,
"banscore" : 0
},
{
"addr" : "107.170.167.218:31454",
"services" : "00000001",
"lastsend" : 1449575159,
"lastrecv" : 1449575054,
"conntime" : 1449575053,
"version" : 60014,
"subver" : "/SandGCoin:1.0.0/",
"inbound" : false,
"startingheight" : 34142,
"banscore" : 0
},
{
"addr" : "188.0.40.50:31454",
"services" : "00000001",
"lastsend" : 1449575159,
"lastrecv" : 1449575138,
"conntime" : 1449575137,
"version" : 60014,
"subver" : "/SandGCoin:1.0.0/",
"inbound" : false,
"startingheight" : 34142,
"banscore" : 0
}
]

[crunck]

Thanks Mario

And Hi Scott

I have updated the IP in the OP to reflect this node : 192.161.48.34

[crunck]

Sprouts staked 11171
8378 sent to cryptsy
BTC 0.00578082

Paycon staked 600
450 sent to yobit
BTC 0.00124850

Cube staked 18
18 sent to yobit
BTC 0.01814151


Total BTC 0.02517083