bones261
Legendary
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Activity: 1806
Merit: 1828
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November 01, 2015, 04:48:18 AM Last edit: November 01, 2015, 05:39:32 AM by bones261 |
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If you buy 1 CUBE and stake for a full year you will have more than 240 million CUBE 1 CUBE will stake .05 per day. Even with daily compounding factored in, it will not come close to your estimate in one year. I very much doubt the entire supply of CUBE will even be that high in a year
Lol, the math of that guy greentea, make me lose faith in humanity I'm afraid he is correct. The power of compound interest is astonishing. Just goggle and use several compound interest calculators. You will get similar results. All the compound interest calculators on the internet can't be wrong. Sigh.... Don't fret. You can always change this before it gets out of hand in a few of months.
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DigiCube (OP)
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November 01, 2015, 07:52:00 AM |
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If you buy 1 CUBE and stake for a full year you will have more than 240 million CUBE 1 CUBE will stake .05 per day. Even with daily compounding factored in, it will not come close to your estimate in one year. I very much doubt the entire supply of CUBE will even be that high in a year
Lol, the math of that guy greentea, make me lose faith in humanity I'm afraid he is correct. The power of compound interest is astonishing. Just goggle and use several compound interest calculators. You will get similar results. All the compound interest calculators on the internet can't be wrong. Sigh.... Don't fret. You can always change this before it gets out of hand in a few of months. Luckily we have nothing to worry about
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smaxer
Newbie
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Activity: 47
Merit: 0
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November 01, 2015, 09:19:03 AM |
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If you buy 1 CUBE and stake at 5% every day you will get 54,211,841 CUBE after 365 days. Nice coin to scam stupid people.
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CosaNostra
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November 01, 2015, 12:13:08 PM |
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When we shall expect payments for signatures, dev?
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peonminer
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November 01, 2015, 12:17:35 PM |
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If you buy 1 CUBE and stake at 5% every day you will get 54,211,841 CUBE after 365 days. Nice coin to scam stupid people.
you obviously don't understand staking
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CosaNostra
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November 01, 2015, 12:34:52 PM |
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If you buy 1 CUBE and stake at 5% every day you will get 54,211,841 CUBE after 365 days. Nice coin to scam stupid people.
Nice calc you have ...or weed
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donnyespo
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November 01, 2015, 01:47:28 PM |
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Whats the best way to group up the smaller amounts staking? Do you have to wait till it stakes then u can send a bigger amount grouped to yourself? Should you make a new address or it doesnt matter?
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fitraok09
Legendary
Offline
Activity: 1049
Merit: 1009
TRX: TCRKDukYt2zDie9vJDhToKrP3tyTV29U48
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November 01, 2015, 03:05:55 PM |
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Awesome Coin, i start with only 2, and bought some, to bad im not bought enough at cheapest price. Anyway, staking like if no tomorrow exist If you buy 1 CUBE and stake for a full year you will have more than 240 million CUBE are you sure
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donnyespo
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November 01, 2015, 03:06:20 PM |
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Awesome was looking for something like this, thanks!
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smaxer
Newbie
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Activity: 47
Merit: 0
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November 01, 2015, 03:56:45 PM |
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If you buy 1 CUBE and stake at 5% every day you will get 54,211,841 CUBE after 365 days. Nice coin to scam stupid people.
Nice calc you have ...or weed maybe a lil bit of both. is the stake reward per block fixed or do you always get 5% of the amount you stake?
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DigiCube (OP)
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November 01, 2015, 04:32:44 PM |
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If you buy 1 CUBE and stake at 5% every day you will get 54,211,841 CUBE after 365 days. Nice coin to scam stupid people.
Nice calc you have ...or weed maybe a lil bit of both. is the stake reward per block fixed or do you always get 5% of the amount you stake? The average is 5.479452054794521% of input size per day. If it takes two days to stake, you would earn double that. And so on and so forth
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donnyespo
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November 01, 2015, 04:50:22 PM |
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If you buy 1 CUBE and stake at 5% every day you will get 54,211,841 CUBE after 365 days. Nice coin to scam stupid people.
Nice calc you have ...or weed maybe a lil bit of both. is the stake reward per block fixed or do you always get 5% of the amount you stake? The average is 5.479452054794521% of input size per day. If it takes two days to stake, you would earn double that. And so on and so forth Is it the same pos model as sprouts? https://bitcointalk.org/index.php?topic=1103868.0
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megadestruct61
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November 01, 2015, 05:00:49 PM |
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If you buy 1 CUBE and stake at 5% every day you will get 54,211,841 CUBE after 365 days. Nice coin to scam stupid people.
Or a good way to make money by selling the coins you stake? That is what I have been doing at least and it has been nice so far(already made almost double what I put in). On the compounding interest calculations everyone is doing while you calculation on compounding is correct it does not take into effect several considerations. The main one being that staking is not 100% efficent.. you are competing with others for the right to stake so therefore it will never be 100% efficient(at least not for everyone). As for the total amount of coins you need to remember that the entire supply will never be staking due to people moving coins and trying to sell them on exchanges. The number of cube is going to increase that is for sure but exactly how much how fast is hard to judge at this point.
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peonminer
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November 01, 2015, 05:12:54 PM |
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Awesome was looking for something like this, thanks! feel free to tip after you mint if this post helped you CaDTyLYG1vnnvJcjanDJe5pBQDtBxZEAr5
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DigiCube (OP)
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November 01, 2015, 05:19:56 PM Last edit: November 01, 2015, 05:35:04 PM by DigiCube |
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If you buy 1 CUBE and stake at 5% every day you will get 54,211,841 CUBE after 365 days. Nice coin to scam stupid people.
Or a good way to make money by selling the coins you stake? That is what I have been doing at least and it has been nice so far(already made almost double what I put in). On the compounding interest calculations everyone is doing while you calculation on compounding is correct it does not take into effect several considerations. The main one being that staking is not 100% efficent.. you are competing with others for the right to stake so therefore it will never be 100% efficient(at least not for everyone). As for the total amount of coins you need to remember that the entire supply will never be staking due to people moving coins and trying to sell them on exchanges. The number of cube is going to increase that is for sure but exactly how much how fast is hard to judge at this point. People doing this too much is why the price hasn't moved and I am being accused of selling the extra coins If you believe in me, the coin, and the idea, why sell everyone short and cause stagnant pricing after already making profit, I don't understand? I get that profit is profit, but don't you want more?
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bones261
Legendary
Offline
Activity: 1806
Merit: 1828
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November 01, 2015, 05:21:27 PM |
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If you buy 1 CUBE and stake at 5% every day you will get 54,211,841 CUBE after 365 days. Nice coin to scam stupid people.
Or a good way to make money by selling the coins you stake? That is what I have been doing at least and it has been nice so far(already made almost double what I put in). On the compounding interest calculations everyone is doing while you calculation on compounding is correct it does not take into effect several considerations. The main one being that staking is not 100% efficent.. you are competing with others for the right to stake so therefore it will never be 100% efficient(at least not for everyone). As for the total amount of coins you need to remember that the entire supply will never be staking due to people moving coins and trying to sell them on exchanges. The number of cube is going to increase that is for sure but exactly how much how fast is hard to judge at this point. This is very true. The biggest inefficiency is caused by the fact that when the inputs get too small, your stake reward is zero. You would need to develop a modded wallet or scrypt, that automatically combines inputs for you as soon as they get enough confirmations to gain maximum efficiency. The fact that you have to wait for the confirmations also introduces an inefficiency.
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DigiCube (OP)
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November 01, 2015, 05:35:35 PM |
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If you buy 1 CUBE and stake at 5% every day you will get 54,211,841 CUBE after 365 days. Nice coin to scam stupid people.
Or a good way to make money by selling the coins you stake? That is what I have been doing at least and it has been nice so far(already made almost double what I put in). On the compounding interest calculations everyone is doing while you calculation on compounding is correct it does not take into effect several considerations. The main one being that staking is not 100% efficent.. you are competing with others for the right to stake so therefore it will never be 100% efficient(at least not for everyone). As for the total amount of coins you need to remember that the entire supply will never be staking due to people moving coins and trying to sell them on exchanges. The number of cube is going to increase that is for sure but exactly how much how fast is hard to judge at this point. This is very true. The biggest inefficiency is caused by the fact that when the inputs get too small, your stake reward is zero. You would need to develop a modded wallet or scrypt, that automatically combines inputs for you as soon as they get enough confirmations to gain maximum efficiency. The fact that you have to wait for the confirmations also introduces an inefficiency. And a full 24 hours between, as well, due to maturity times. Using conventional compounding calculators that take 0 factors of mainnet into consideration just make that poster look silly
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megadestruct61
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November 01, 2015, 05:47:03 PM |
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If you buy 1 CUBE and stake at 5% every day you will get 54,211,841 CUBE after 365 days. Nice coin to scam stupid people.
Or a good way to make money by selling the coins you stake? That is what I have been doing at least and it has been nice so far(already made almost double what I put in). On the compounding interest calculations everyone is doing while you calculation on compounding is correct it does not take into effect several considerations. The main one being that staking is not 100% efficent.. you are competing with others for the right to stake so therefore it will never be 100% efficient(at least not for everyone). As for the total amount of coins you need to remember that the entire supply will never be staking due to people moving coins and trying to sell them on exchanges. The number of cube is going to increase that is for sure but exactly how much how fast is hard to judge at this point. People doing this too much is why the price hasn't moved and I am being accused of selling the extra coins If you believe in me, the coin, and the idea, why sell everyone short and cause stagnant pricing after already making profit, I don't understand? I get that profit is profit, but don't you want more? I wouldn't worry too much about the people accusing you of selling the extra coins. People going to fud and anyone with half a brain can see in the block explorer that the distribution address is full minus the bounties you have paid out and that it has never minted a single cube.
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Rubberduckie
Legendary
Offline
Activity: 1442
Merit: 1000
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November 01, 2015, 05:59:58 PM |
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Is the sig campaign still running?
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