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Author Topic: [ANN][EGC] EverGreenCoin | Environmental Green Causes | Full 7% PoS | Foundation  (Read 282886 times)
clayford08
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January 29, 2016, 10:48:26 PM
 #521

Price is 2200 satoshis on YoBit

My big mistake was sell my EGC when the price was 1300 satoshi

The revolution is coming


You still have the chance to buy in. We at the EGC team think the price of the coin is still sitting low. With only 13 million coins getting mined in the PoW phase, it's a rare coin. We have one of the fastest transaction speeds on the market. It's secure. Our roadmap has several excellent projects in the near future.

We're very proud of our coin. Smiley

EverGreenCoin (EGC) - promote and support Environmental Green Causes. http://evergreencoin.org
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clayford08
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January 29, 2016, 11:03:46 PM
 #522

You guys are awesome!





EverGreenCoin (EGC) - promote and support Environmental Green Causes. http://evergreencoin.org
and_cac
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January 29, 2016, 11:14:46 PM
 #523

Price is 2200 satoshis on YoBit

My big mistake was sell my EGC when the price was 1300 satoshi

The revolution is coming


You still have the chance to buy in. We at the EGC team think the price of the coin is still sitting low. With only 13 million coins getting mined in the PoW phase, it's a rare coin. We have one of the fastest transaction speeds on the market. It's secure. Our roadmap has several excellent projects in the near future.

We're very proud of our coin. Smiley

Bought 12k @1200-1500 Cheesy
8k "not for sale" Smiley
EverGreenCoin
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January 29, 2016, 11:20:35 PM
 #524

Price is 2200 satoshis on YoBit

My big mistake was sell my EGC when the price was 1300 satoshi

The revolution is coming


You still have the chance to buy in. We at the EGC team think the price of the coin is still sitting low. With only 13 million coins getting mined in the PoW phase, it's a rare coin. We have one of the fastest transaction speeds on the market. It's secure. Our roadmap has several excellent projects in the near future.

We're very proud of our coin. Smiley

Bought 12k @1200-1500 Cheesy
8k "not for sale" Smiley

Be sure to get that 8k staking as soon as possible. Wink

and_cac
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January 29, 2016, 11:25:58 PM
 #525

Price is 2200 satoshis on YoBit

My big mistake was sell my EGC when the price was 1300 satoshi

The revolution is coming


You still have the chance to buy in. We at the EGC team think the price of the coin is still sitting low. With only 13 million coins getting mined in the PoW phase, it's a rare coin. We have one of the fastest transaction speeds on the market. It's secure. Our roadmap has several excellent projects in the near future.

We're very proud of our coin. Smiley

Bought 12k @1200-1500 Cheesy
8k "not for sale" Smiley

Be sure to get that 8k staking as soon as possible. Wink

3 hrs in wallet Smiley
dez82
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January 29, 2016, 11:31:44 PM
 #526

Good to see EGC taking off. Gonna do some arbitrage and then get back to staking.

Wish I could have bought more EGC this week. I had $100 in paypal that I couldn't get converted to bitcoin cheaply enough, otherwise I'd be creaming it.

EverGreenCoin faucet! Get some free EverGreenCoin!

http://Coin-Faucet.com/EGC/?r=384
Porsche911
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January 29, 2016, 11:37:56 PM
 #527

Since im new to Crypto currencies. What is staking? If its mining the coin i would like to join.

What is the best practise?

At the moment i have 15k Smiley
clayford08
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January 29, 2016, 11:51:38 PM
 #528

Since im new to Crypto currencies. What is staking? If its mining the coin i would like to join.

What is the best practise?

At the moment i have 15k Smiley

Staking is essentially a form of "mining". It is how Proof of Stake coins run their blockchains. Instead of mining, using GPU's to hash out an algorithm, we instead use our wallets to uphold the ledger. By leaving coins in your wallet for over 24hrs and leaving your wallet open, you start to grow interest on the coins in your wallet. You earn 7% annually on whatever is in your wallet. When you earn coins, by staking, is dependent on your weight in the blockchain network. The higher the weight, the faster your wallet will stake.

EverGreenCoin (EGC) - promote and support Environmental Green Causes. http://evergreencoin.org
dez82
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January 30, 2016, 12:16:47 AM
 #529

https://c-cex.com/?id=vote

EGC is gonna be the next coin on c-cex.com

It's gonna blow up!!!


EverGreenCoin faucet! Get some free EverGreenCoin!

http://Coin-Faucet.com/EGC/?r=384
kushalgaudel
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January 30, 2016, 12:22:29 AM
 #530

is it fruitfull to buy around 2100 Huh
Porsche911
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January 30, 2016, 12:23:59 AM
 #531

So with 10.000 coins stacked, you get about 2 coins a day (interest)?

How to set this up Smiley And is there a backup posibility?
dez82
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January 30, 2016, 12:25:44 AM
 #532

is it fruitfull to buy around 2100 Huh

Yep. You'll find it leaps in value on wednesday when ccex lists it. Buy up at whatever the rate is.

It's going for 2900 on cryptopia.co.nz too

EverGreenCoin faucet! Get some free EverGreenCoin!

http://Coin-Faucet.com/EGC/?r=384
dez82
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January 30, 2016, 12:27:08 AM
 #533

So with 10.000 coins stacked, you get about 2 coins a day (interest)?

How to set this up Smiley And is there a backup posibility?

You need a wallet, synced to the network. As long as it's open and has coins in it, it will try to stake(after 24 hours of holding them)

EverGreenCoin faucet! Get some free EverGreenCoin!

http://Coin-Faucet.com/EGC/?r=384
dez82
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January 30, 2016, 12:35:32 AM
 #534

is it fruitfull to buy around 2100 Huh

Yep. You'll find it leaps in value on wednesday when ccex lists it. Buy up at whatever the rate is.

It's going for 2900 on cryptopia.co.nz too
Woop!

It's just dropped to below 2000 on cryptopia.co.nz

EverGreenCoin faucet! Get some free EverGreenCoin!

http://Coin-Faucet.com/EGC/?r=384
EverGreenCoin
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January 30, 2016, 12:36:05 AM
 #535

Since im new to Crypto currencies. What is staking? If its mining the coin i would like to join.

What is the best practise?

At the moment i have 15k Smiley

Staking is essentially a form of "mining". It is how Proof of Stake coins run their blockchains. Instead of mining, using GPU's to hash out an algorithm, we instead use our wallets to uphold the ledger. By leaving coins in your wallet for over 24hrs and leaving your wallet open, you start to grow interest on the coins in your wallet. You earn 7% annually on whatever is in your wallet. When you earn coins, by staking, is dependent on your weight in the blockchain network. The higher the weight, the faster your wallet will stake.

Proof of Stake is mining, yes. When staking, you do process translations, you do verify the blockchain, and you are rewarded for doing so. Unlike Proof of Work mining, your reward can be and is guaranteed so long as you meet the requirements for staking. One requirement is meeting minimum staking age. Minimum staking age for EGC is 24 hours. Coin age does not accrue until after coin maturity. Your wallet does not need to be running for coin age to increase.

Another requirement is that your wallet not be fully locked. If you never encrypted your wallet, your wallet can not be locked and you can disregard this requirement. It is the best and safest practice that you do encrypt your wallet (Settings > Encrypt Wallet). After the wallet encryption process, you will need to unlock the wallet for staking to take place. When you unlock the wallet you will notice a check box in the password dialog window that allows you to either A) unlock for staking only (checked, default), or B) unlock for spending and staking (unchecked). If you unlock for staking only you will be prompted for the password again if you try to send. This is just an added layer of security so that coins do not get accidentally sent and is a safe measure to follow.

In simple words, just hold the coins in a running and unlocked wallet. You will collect payments towards your 7% annual reward. There is no maximum staking age for EGC. You will collect so long as you hold coins in a unlocked (for staking only or for staking and spending) wallet.

Your weight versus the network weight only determines the frequency of payments towards the 7% but, it will always be 7% no matter how low or high your weight is.

I hope that answers your questions clearly and accurately, Porsche911!

EverGreenCoin
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January 30, 2016, 01:22:19 AM
 #536

So with 10.000 coins stacked, you get about 2 coins a day (interest)?

How to set this up Smiley And is there a backup posibility?

Yes, your projection is accurate. (1(decimal point)91780821... per day by my math.)

See my above message to set this up properly.

To backup, simply keep a copy of your wallet.dat file in a safe place. Your wallet.dat file can be found on Windows within %APPDATA%\EverGreenCoin\ or otherwise stated, C:\Users\YOUR USERNAME HERE\AppData\Roaming\EverGreenCoin\
On Mac OS X it can be found within /Users/YOUR USERNAME HERE/Library/Application Support/EverGreenCoin/
on Linux it can be found within ~/.evergreencoin/ or otherwise stated, /home/YOUR USERNAME HERE/.evergreencoin/

In the event your current computer becomes none functional, your wallet.dat file could be used on your replacement computer. Storing your private key in a safe location is another way to achieve this safety and has a similar recovery method but, making a copy of the wallet.dat is slightly easier.

I hope that clears it up for you, Porsche911!

p.s. I love your car. Wink


EverGreenCoin
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January 30, 2016, 01:24:02 AM
 #537

is it fruitfull to buy around 2100 Huh

Yep. You'll find it leaps in value on wednesday when ccex lists it. Buy up at whatever the rate is.

It's going for 2900 on cryptopia.co.nz too
Woop!

It's just dropped to below 2000 on cryptopia.co.nz

Well, you know how to solve that. Wink

clayford08
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January 30, 2016, 03:01:51 AM
 #538

We ranked 65 in 24 hour volume today. Awesome.  Cool


EverGreenCoin (EGC) - promote and support Environmental Green Causes. http://evergreencoin.org
lordoliver
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January 30, 2016, 08:24:36 AM
 #539

unbelievable
Alexthesalamander
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January 30, 2016, 10:10:52 AM
 #540

The future is obviously green! Smiley

Buy high and sell low
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