[ANN] 1337 [MANDATORY UPDATE] 41.78% APR| POS ONLY

[adz7]

any update news ??

halving on September. i hope this will bring the price up again as i see it goes down everyday.

you sound a bit depressed my friend, remember it wasn't long ago we were below 1 sat  though I honestly expected us to level out at 5
3-4 isn't bad at all and a decent entry point for those not already on board

I actually think 1337 is in a good position at the moment as like you said, its still a good entry point for new people to get in with a million or a few million coins. The price has been bouncing around the 3-4 sats range for a while now which isn't a bad thing for the ones who want to accumulate more 1337 coins like I have been doing. 1337 coin has been getting more attention out there as I have already seen a few YT videos talking about 1337 coin which is good to see.

that is good exposure, any links?

Yes it's very good exposure as the video I have seen have been getting a good number of views so the more people promoting 1337 coin the bigger and quicker the community will grow. Also the price is at a good entry point which I posted about in my previous post. I posted the links below to the videos I have so far seen.

https://www.youtube.com/watch?v=CaTSH1d-bfE

https://www.youtube.com/watch?v=lU5kdiemSe8&spfreload=10

https://www.youtube.com/watch?v=pzOUt3ZV29Q

What are the long term uses for 1337? Is there a roadmap available?

[freebitcoins4u]

I have bought 10M 1337 coins and have tried to let people around me know this coin and also, installed wallet and started to stake with it.
Today, I got to realized that the number of coins in market is increasing almost 0.5M 1337 coins a day. Is it all right?
In my opinion, the price of 1337 could be affected by the Circulating Supply..
Is there any plan to control the criculating supply?

Now staking coins is 13,360 M(55% from total supply).

Yes there is a plan to control the inflation some what with the APR halving again to 20.890625% in September and then again to 13.37% (Final APR) in December. I agree that there is a lot of coins in circulation but the same could be said about Dogecoin and look where its at. I know Doge is a complete different coin but 1337 coin can achieve the same but in the gaming industry.

reducing apr is a good way to control inflation, many pos coins did it and it worked. however lots of coins also did swap, which is out of the plan right now as w00t is cancelled. in the past someone mention a "burning party" were lots of 1337 coins suppose to be burn and reduce the supply. maybe stake2play is a part of it, maybe when people will pay with 1337 coins to buy games the paid coins will be burn.

[xenonflux]

Anyone got paid from folding last week? Seems like none that I know was paid. Is there a reason why?

Payouts have been delayed and will be processed soon. Please join our Slack channel https://the-1337-foundation-invite.herokuapp.com/ to reamain up to date.

[xenonflux]

Someone know when the yobit issue wil be solved 😑 Why the devs are not writing to yobit

This has been said like hundreds of times (you would ve known if you had searched 'yobit' in the search bar above and followed through the previous posts instead of blaming devs)... PLEASE AVOID YOBIT Yes, they are cheap but you ll not be able to transfer your coins. They do not respond to any requests, emails or anything. If you can, sell your coins for BTC and transfer BTC to other exchanges like Cryptopia and buy 1337 there.

Has anyone heard any further updates from the dev with regards to 1337? What would be the best method of communication to stay informed on the developments of 1337?

To stay informed,
- Join our Slack channel: https://the-1337-foundation-invite.herokuapp.com/
- Follow us on Twitter: https://twitter.com/1337CoinUpdates
- Follow us on Facebook: https://www.facebook.com/1337Foundation/
- Subscribe us on Reddit: https://www.reddit.com/r/1337Foundation/

[xenonflux]

any update news ??

halving on September. i hope this will bring the price up again as i see it goes down everyday.

you sound a bit depressed my friend, remember it wasn't long ago we were below 1 sat  though I honestly expected us to level out at 5
3-4 isn't bad at all and a decent entry point for those not already on board

I actually think 1337 is in a good position at the moment as like you said, its still a good entry point for new people to get in with a million or a few million coins. The price has been bouncing around the 3-4 sats range for a while now which isn't a bad thing for the ones who want to accumulate more 1337 coins like I have been doing. 1337 coin has been getting more attention out there as I have already seen a few YT videos talking about 1337 coin which is good to see.

that is good exposure, any links?

Yes it's very good exposure as the video I have seen have been getting a good number of views so the more people promoting 1337 coin the bigger and quicker the community will grow. Also the price is at a good entry point which I posted about in my previous post. I posted the links below to the videos I have so far seen.

https://www.youtube.com/watch?v=CaTSH1d-bfE

https://www.youtube.com/watch?v=lU5kdiemSe8&spfreload=10

https://www.youtube.com/watch?v=pzOUt3ZV29Q

What are the long term uses for 1337? Is there a roadmap available?

https://www.reddit.com/r/1337Foundation/

[saifi ida]

This post has been long but whether this post is updated. If it is updated what are new announcements like bounty and others. Because I believe this is a very good project. thanks so much to developer this project.

[xenonflux]

This post has been long but whether this post is updated. If it is updated what are new announcements like bounty and others. Because I believe this is a very good project. thanks so much to developer this project.

Check our official site, social media etc.. all the links are in the sidebar of our Reddit https://www.reddit.com/r/1337Foundation/

[vella85]

I have bought 10M 1337 coins and have tried to let people around me know this coin and also, installed wallet and started to stake with it.
Today, I got to realized that the number of coins in market is increasing almost 0.5M 1337 coins a day. Is it all right?
In my opinion, the price of 1337 could be affected by the Circulating Supply..
Is there any plan to control the criculating supply?

Now staking coins is 13,360 M(55% from total supply).

Yes there is a plan to control the inflation some what with the APR halving again to 20.890625% in September and then again to 13.37% (Final APR) in December. I agree that there is a lot of coins in circulation but the same could be said about Dogecoin and look where its at. I know Doge is a complete different coin but 1337 coin can achieve the same but in the gaming industry.

reducing apr is a good way to control inflation, many pos coins did it and it worked. however lots of coins also did swap, which is out of the plan right now as w00t is cancelled. in the past someone mention a "burning party" were lots of 1337 coins suppose to be burn and reduce the supply. maybe stake2play is a part of it, maybe when people will pay with 1337 coins to buy games the paid coins will be burn.

Yes I agree that reducing the APR will control inflation like it has with many pos coins in the past. I actually think that when people buy games from stake2play that the 1337 coins should be burnt as this will help reduce the supply a little depending on how many people buy games. The dev is doing a great job in this area and with the community support we could make it huge! but all good things take time so I'll just keeping promoting as much as I can and help spread the word to as many people as I can while we wait for all this to take effect.

[Dallas1971]

DEV - on yobit, the wallet has been in maintenance since March of 2017 and my hundreds of emails to their customer support lands the the black hole of "i dont give a lovely f$ck."  Yobit is a total d0uche bag!  

Please DEV, work with the douche bags at yobit and get the wallet working so I don't lose my coins.  

[Freezingel]

DEV - on yobit, the wallet has been in maintenance since March of 2017 and my hundreds of emails to their customer support lands the the black hole of "i dont give a lovely f$ck."  Yobit is a total d0uche bag!  

Please DEV, work with the douche bags at yobit and get the wallet working so I don't lose my coins.  

How can the dev work with them when they can't be contacted. It's not only 1337,there's a lot of other wallet in yobit which is in eternal maintenance. You should've check it first before buying, the price is cheaper at yobit than other exchange so there must be a reason.

[vella85]

DEV - on yobit, the wallet has been in maintenance since March of 2017 and my hundreds of emails to their customer support lands the the black hole of "i dont give a lovely f$ck."  Yobit is a total d0uche bag!  

Please DEV, work with the douche bags at yobit and get the wallet working so I don't lose my coins.  

How can the dev work with them when they can't be contacted. It's not only 1337,there's a lot of other wallet in yobit which is in eternal maintenance. You should've check it first before buying, the price is cheaper at yobit than other exchange so there must be a reason.

That's right, anyway the dev has tried many times to work with Yobit but they still don't seem to listen. I don't know how many times it has been said in here that people should not deal with Yobit period! This has happened to many coins in the past and will continue to keep happening until people stop using their exchange or if they get shut down but that's unlikely as they have been doing this for years now and seem to keep getting away with it. The only thing you can do is cut your losses and sell your 1337 coins and then buy 1337 from Cryptopia or Nova.

[mybeacon]

Hello guys,
I have 10M 1337 coin, and have been staking it recently, which looks good.
This morning, I found that there is 9M 1337 coin left on the wallet without any transaction except the message that 10 confirmations will be available after 15.
I wonder why my 1M coins are disappeared without any transaction before confirmation for staking.
After confirmation, disappeared 1M coin are back.

[krysta11]

DEV - on yobit, the wallet has been in maintenance since March of 2017 and my hundreds of emails to their customer support lands the the black hole of "i dont give a lovely f$ck."  Yobit is a total d0uche bag!  

Please DEV, work with the douche bags at yobit and get the wallet working so I don't lose my coins.  

Seems Yobit is using Ubuntu 16 server. 1337 wallet does not work with Ubuntu 16. Dev promised to fix this problem soon.

[sweerty1]

I hope this coin will be developed well enough. It has potential just like Digibytes but needs better Public Relations, more bounties, community support etc.

[freebitcoins4u]

Hello guys,
I have 10M 1337 coin, and have been staking it recently, which looks good.
This morning, I found that there is 9M 1337 coin left on the wallet without any transaction except the message that 10 confirmations will be available after 15.
I wonder why my 1M coins are disappeared without any transaction before confirmation for staking.
After confirmation, disappeared 1M coin are back.

after 15 confirmations you will "get back" the 1 million + the staking reward. this is how it works.

[kissmarx]

Until now I cannot withdraw all my 1337 coin from Yobit. The wallet has been in maintenance for very long time already. Now I'm beginning to think they don't want to repair it out of maintenance. So i think I will be selling for BTC my 1337 coins at Yobit, and instead I'll buy from NovaExchange or CoinExchange.

[JacquesLeGrande]

Until now I cannot withdraw all my 1337 coin from Yobit. The wallet has been in maintenance for very long time already. Now I'm beginning to think they don't want to repair it out of maintenance. So i think I will be selling for BTC my 1337 coins at Yobit, and instead I'll buy from NovaExchange or CoinExchange.

they are staking their users' coins and pocketing the stake rewards. Sell your 1337 for btc there, then import the btc elsewhere and buy 1337. (just confirming that what you are doing is right, and explaining what happened to yobit)

[Easteregg69]

Mine has started staking. 1409 1337 extra in my wallet. Today. My next reward will be in 21 hours.

Do I have to unlock the wallet with password every time the computer has been turned off or is there a fix for that ?

[vella85]

Mine has started staking. 1409 1337 extra in my wallet. Today. My next reward will be in 21 hours.

Do I have to unlock the wallet with password every time the computer has been turned off or is there a fix for that ?

That's great to hear, yes you have to unlock your wallet with your password every time you turn on your computer and open your 1337 coin wallet. That's with all wallets as that is a way to protect your coins from being stolen if someone has access to your computer.

[Kitaets]

about 24 hours already "out of sync with the 1337 network". What happen?