StaisyBit (OP)
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Activity: 84
Merit: 10
memento audere semper
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December 07, 2015, 12:31:07 PM |
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EXCUSE ME!!!!!! "Fee have been set as follow: - deposits: 0.25% - withdrawals: 1% - generated coins: 5%" 5% FEE ON GENERATED COINS? ? WTF, you guys started so nice and now turned to be EXTREMELY GREEDY. Only a total fool would pay 5% for online staking wallet. After all, what s stopping me from staking it on my own machine. I m out, thank you but NO thank you. Have you read above? It's worth to point out that 5% fees on the mined amounts may seem high, but actually the impact on the single user is negligible and it decreases as the number of users. Indeed, the 5% fee is applied on the value of the block generated, therefore the fee itself is shared among all the participants, ensuring a very lower impact on the single one.I put below a brief example with numbers of how users share fees:Example coin: BLKNumber of users: 2Block value | | Fees | | User gets (with Fees) | | User would get (without Fees) | | Impact | 100 | | 5 BLK | | 47,5 BLK | | 50 BLK | | 50 - 47,5 = 2,5 BLK | 200 | | 10 BLK | | 95 BLK | | 100 BLK | | 100 - 95 = 5 BLK | | | | | | | Total Impact for 300 BLK mined | | 7,5 BLK for each user | Example coin: BLKNumber of users: 50Block value | | Fees | | User gets (with Fees) | | User would get (without Fees) | | Impact | 100 | | 5 BLK | | 1,90 BLK | | 2 BLK | | 2 - 1.9 = 0.1 BLK | 200 | | 10 BLK | | 3,80 BLK | | 4 BLK | | 4 - 3.80 = 0.2 BLK | | | | | | | Total Impact for 300 BLK mined | | 0.3 BLK for each user |
This simple mechanism allow us decent incomes to continue the development (this is only the beginning of our platform) with small costs for our users. Also, since staking in pool ensures more revenue than staking on your home PC, even with "full" 5% fees you would earn more than staking "in solo". That said, your post completely makes no sense since the 5% fees stuff has been explained 200px above. Please let me know what you think about 5% fees AFTER reading the explanation.
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szenekonzept
Legendary
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Activity: 2100
Merit: 1012
Europecoin Financecloud API
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December 07, 2015, 02:11:51 PM |
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EXCUSE ME!!!!!! "Fee have been set as follow: - deposits: 0.25% - withdrawals: 1% - generated coins: 5%" 5% FEE ON GENERATED COINS? ? WTF, you guys started so nice and now turned to be EXTREMELY GREEDY. Only a total fool would pay 5% for online staking wallet. After all, what s stopping me from staking it on my own machine. I m out, thank you but NO thank you. 'cmon my friend, you can do better then thatWE made the effort and provided some numbers, why we think its cheaper. So why not do some math and provide the numbers, to tell us, we are wrong? We are a dynamic company, if you convince us for a better approach, for us all, we will shamelessly migrate to that model and show our appreciation to you, in some profitable way. DEAL?
We are not greedy (oh sorry in fact we are, but we know, we can't achieve anything without YOU) We are pioneers is some sense, we sometimes have to poke around, to find out whats best, help us and profit!
have fun Matthias .
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nfigueir
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December 07, 2015, 03:26:27 PM |
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Hi,
What happens to the persons who got paid contracts like myself?
Will I be refunded from my 0.02 BTC? May I retrieve all my funds without any fee%?
I do not think it is adequate to change the rules of the game for ongoing contracts.
Thanks
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Gulden NLG: GdQgmEN1ptPzKpnMmRw7pwAuPGiJZCZjHi Europecoin ERC: Edg1HCFSsVweehu35YeHXfURKXgEi7qnLm
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StaisyBit (OP)
Member
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Activity: 84
Merit: 10
memento audere semper
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December 07, 2015, 03:37:27 PM |
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Hi,
What happens to the persons who got paid contracts like myself?
Will I be refunded from my 0.02 BTC? May I retrieve all my funds without any fee%?
I do not think it is adequate to change the rules of the game for ongoing contracts.
Thanks
We are contacting one by one every user who has bought a contract, giving 2/3 different options to solve this "problem" (one of this options is indeed a complete refund in BTC). You will be contacted soon. Again, sorry for the inconvenience.
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nfigueir
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December 07, 2015, 03:40:11 PM |
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Hi,
What happens to the persons who got paid contracts like myself?
Will I be refunded from my 0.02 BTC? May I retrieve all my funds without any fee%?
I do not think it is adequate to change the rules of the game for ongoing contracts.
Thanks
We are contacting one by one every user who has bought a contract, giving 2/3 different options to solve this "problem" (one of this options is indeed a complete refund in BTC). You will be contacted soon. Again, sorry for the inconvenience. Ok, the timing is not the best, these persons should have been contacted before the changes but hearing that you are offering alternatives is a good indication that the persons behind the project are in good will. Thanks
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Gulden NLG: GdQgmEN1ptPzKpnMmRw7pwAuPGiJZCZjHi Europecoin ERC: Edg1HCFSsVweehu35YeHXfURKXgEi7qnLm
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szenekonzept
Legendary
Offline
Activity: 2100
Merit: 1012
Europecoin Financecloud API
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December 07, 2015, 04:14:15 PM |
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Thank you very much, Hi,
What happens to the persons who got paid contracts like myself?
Will I be refunded from my 0.02 BTC? May I retrieve all my funds without any fee%?
I do not think it is adequate to change the rules of the game for ongoing contracts.
Thanks
We are contacting one by one every user who has bought a contract, giving 2/3 different options to solve this "problem" (one of this options is indeed a complete refund in BTC). You will be contacted soon. Again, sorry for the inconvenience. Ok, the timing is not the best, these persons should have been contacted before the changes but hearing that you are offering alternatives is a good indication that the persons behind the project are in good will. Thanks Thank you very much yes, we are in good will to get the best solution around, for everybody, witch (naturally for first mover projects) may be more a process, then a condition, but promised, we are getting there with users in mind. thank you for your support Matthias .
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rmd73
Sr. Member
Offline
Activity: 385
Merit: 252
Think with your brain. It is not illegal (yet).
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December 07, 2015, 05:52:35 PM |
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EXCUSE ME!!!!!! "Fee have been set as follow: - deposits: 0.25% - withdrawals: 1% - generated coins: 5%" 5% FEE ON GENERATED COINS? ? WTF, you guys started so nice and now turned to be EXTREMELY GREEDY. Only a total fool would pay 5% for online staking wallet. After all, what s stopping me from staking it on my own machine. I m out, thank you but NO thank you. Have you read above? It's worth to point out that 5% fees on the mined amounts may seem high, but actually the impact on the single user is negligible and it decreases as the number of users. Indeed, the 5% fee is applied on the value of the block generated, therefore the fee itself is shared among all the participants, ensuring a very lower impact on the single one.I put below a brief example with numbers of how users share fees:Example coin: BLKNumber of users: 2Block value | | Fees | | User gets (with Fees) | | User would get (without Fees) | | Impact | 100 | | 5 BLK | | 47,5 BLK | | 50 BLK | | 50 - 47,5 = 2,5 BLK | 200 | | 10 BLK | | 95 BLK | | 100 BLK | | 100 - 95 = 5 BLK | | | | | | | Total Impact for 300 BLK mined | | 7,5 BLK for each user | Example coin: BLKNumber of users: 50Block value | | Fees | | User gets (with Fees) | | User would get (without Fees) | | Impact | 100 | | 5 BLK | | 1,90 BLK | | 2 BLK | | 2 - 1.9 = 0.1 BLK | 200 | | 10 BLK | | 3,80 BLK | | 4 BLK | | 4 - 3.80 = 0.2 BLK | | | | | | | Total Impact for 300 BLK mined | | 0.3 BLK for each user |
This simple mechanism allow us decent incomes to continue the development (this is only the beginning of our platform) with small costs for our users. Also, since staking in pool ensures more revenue than staking on your home PC, even with "full" 5% fees you would earn more than staking "in solo". That said, your post completely makes no sense since the 5% fees stuff has been explained 200px above. Please let me know what you think about 5% fees AFTER reading the explanation. I will gladly pay the 5% for mining income. Damn, I'll go even for 7.5% This project is truly revolutionary, both in design and economical approach.
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StaisyBit (OP)
Member
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Activity: 84
Merit: 10
memento audere semper
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December 07, 2015, 06:06:19 PM |
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I will gladly pay the 5% for mining income. Damn, I'll go even for 7.5% This project is truly revolutionary, both in design and economical approach. Thank you for support and understanding. Really appreciated. People like you will help us keep the whole thing up and continue the development of new, great, services. Cheers
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EBK1000
Legendary
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Activity: 1148
Merit: 1000
A Wound in Eternity
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December 08, 2015, 01:13:58 AM |
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Thank you for adding BITZ to your service.link to BITZThis is what the BITZ wallet looks like on Staisybit: I will make this offer to the first 10 new users for BITZ on Staisybit who makes a deposit to stake of at least 10,000 BITZ (1) 1000 BITZ reward if you post a screenshot of your wallet with the BITZ deposit address in our topic ( link to BITZ) the same way I did above. Once you have posted the screenshot then PM me with the same BITZ address and I will deposit an additional 1000 BITZ in your Staisybit account to stake. (2) If you keep your BITZ balance to stake for at least 14 days in Staisybit I will deposit an additional 1000 BITZ at the end of 14 days. So, you can get a 2000 BITZ reward by staking for at least 14 days. At end of the 14 days then post a screenshot of your balance and some recent transaction history to get the additional reward. You've for nothing to loose and you will support a new and innovate service.
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Soooooooon...............
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crazyivan
Legendary
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Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
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December 08, 2015, 08:46:54 AM |
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Staisybit is a very nice service if you have no time/knowledge to stake your coins. Especially since some PoS coins require a lot of micromanagement. Definitely recommended and keep up the good work Staisybit guys.
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BitcoinForumator
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Activity: 1120
Merit: 1000
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December 08, 2015, 09:27:57 AM |
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Correct me if I'm wrong but staking at Staisybit means that the keys are in Staisybit possesion for the time, right?
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szenekonzept
Legendary
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Activity: 2100
Merit: 1012
Europecoin Financecloud API
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December 08, 2015, 11:54:06 AM |
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Correct me if I'm wrong but staking at Staisybit means that the keys are in Staisybit possesion for the time, right?
Important question! Yes, correct, there is no other way do do it, unfortunately. So we are currently hard working on earning trust. Also that's a reason why we are not working as anonymous entity's, but are public with our names and our real life and why only specialists are touching our environment. (look at our teampage) our currency is TRUST Matthias .
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StaisyBit (OP)
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Activity: 84
Merit: 10
memento audere semper
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December 08, 2015, 04:44:52 PM |
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Correct me if I'm wrong but staking at Staisybit means that the keys are in Staisybit possesion for the time, right?
The answer is "yes and no", at the meantime. Explanation: Having the need of merge users "power" (i.e. coins) we move everything on a single wallet. Hence, we don't actually hold users' private keys, they just need to send coins here. But, at the meantime, we hold private keys of all the addresses that keep users' coins; therefore, in a certain sense, we hold their private keys. That said, we'll surely provide an Hybrid Web Wallet (i.e. a web wallet which doesn't hold customers private keys) in the future, for those users who care about more security; it's already in our roadmap. It's obvious that those users will have to renounce to the benefits of staking in pool, still having the benefit of a web wallet though. Cheers (and thank you for the good question).
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Yefet
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December 08, 2015, 06:29:21 PM |
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Thank you for adding EnergyCoin to your service. link to EnergyCoin EnergyCoin wallet looks great on Staisybit: The first 10 new users for EnergyCoin with 10000 ENRG get 1000 ENRG reward if they post their wallet with ENRG depostit addres in our topic the same way I did abouve. e9Zxduid5hEc2iy4Hz3761vKMiuS684CQR
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Pastafarian
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December 08, 2015, 08:28:25 PM |
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Please add Sativacoin-STV to Staisybit! We just won the voting round on Cryptopia and we are already listed on Yobit and Bittrex
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.SativaCoin. | | █▓ ▐▄ ▐▓▓▌ ,█─ ▓█▄ ▓▓▓▓ ▄▓▓ ▐▓▓█ ▐▓▓▓▓ ┌▓▓▓▓ ▓▓▓▓▄ ▐▓▓▓▓ ▄█▓▓▓ ▀▓▓▓▓▄ ▐▓▓▓▓ ▄▓▓▓▓ ▓▓▓▓▄ ▐▓▓▓▓ ▄▓▓▓▓▌ ▄▄▀ ▀██▄▄ ▓▓▓▓█ ▓▓▓▓▐▓▓▓▓ ▄▄▓▓▓▀ ▀▓▓▓█▌▄ ▓▓▓█ ▓▓▓▀█▓▓▌ ▄█▓▓▓▓▀ ▀▓▓▓▓▓█▄▀▓▓█▐▓▓▓▓▓▄█▓▓▓▓▓ ▀▀▓▓▓▓▄▓▓▄▓▓▓▀█▓▓▓▀ ▀▀▓█▓▓▓█▓▓▄▄▄▄ ▄██▓▓▓▓▀▀ ▀▀▓▓▓▓▓▓▓▀▀▀ ▀▀▀▀▀² ▐
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metamorphin
Legendary
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Activity: 1106
Merit: 1004
No risk, no fun!
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December 08, 2015, 08:39:41 PM Last edit: December 16, 2015, 01:29:19 AM by mprep |
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Please add Sativacoin-STV to Staisybit! We just won the voting round on Cryptopia and we are already listed on Yobit and Bittrex Congratulations! Let discuss it. Please pm staisybit here! Greetz Meta
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ranlo
Legendary
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Activity: 1988
Merit: 1007
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December 08, 2015, 10:21:20 PM |
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It's great to see that you removed the contracts! I'd like to vote that you add HYPER to the staking as well, as that's the only of the staking coins I currently own. There are many more in the HYPER thread that have also shown interest in this.
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acdc
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December 09, 2015, 01:56:18 AM |
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please add TEK & HBN thanks
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metamorphin
Legendary
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Activity: 1106
Merit: 1004
No risk, no fun!
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December 09, 2015, 02:31:33 PM Last edit: December 16, 2015, 01:29:01 AM by mprep |
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It's great to see that you removed the contracts! I'd like to vote that you add HYPER to the staking as well, as that's the only of the staking coins I currently own. There are many more in the HYPER thread that have also shown interest in this.
please add TEK & HBN thanks
Great, to see ur interests here. We have in nearest future a discussion about the next altcoins and will of course have a look into your coins! Greetz Meta
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fartbags
Legendary
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Activity: 1190
Merit: 1004
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December 10, 2015, 08:20:31 AM |
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I need a sweep feature to load my coins into staisybit.com. I have paper wallets.
I would want to send over my private key and have u sweep my coins into a new address.
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