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Author Topic: Valorbit | VAL | https://valorbit.com | Valorbit coins Distributed By Humans  (Read 227399 times)
alpha33
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March 19, 2016, 10:14:35 AM
 #2041

par value $ 1 = 1 val


given val has a supply of 944 quadrillions, I don't know if there are enough dollar bills printed to cover that price.  Smiley
obtus3
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March 19, 2016, 10:16:19 AM
 #2042

Has the free val distribution stopped? I havent got mine for 3 days  Smiley
roxymusic
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March 19, 2016, 11:18:02 AM
 #2043

Has the free val distribution stopped? I havent got mine for 3 days  Smiley

WAIT AND WAIT .ALL GO IN RIGHT ROAD  Wink
valorbit (OP)
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March 19, 2016, 11:27:54 AM
 #2044

As we all know internally the cryptos use integer raw units.
The decimal place is a formatting convention for humans and correlates with a denomination like milli-bit or micro-bit.

Using the same units from Bitcoin units
we need to scale the units to compare similar things.

For 8 decimal places let's compare:
DOGE with the Mega-Val :  1 MVAL = 1 000 000 VAL

For 2 decimal places let's compare:
VAL with the  micro-Doge : 1  μDOGE = 0.000 001 DOGE

Let's take two recent trades on C-cex.com

Date                | Trade  | Cryptos            | USD total      | Price
2016-03-19 07:09:48 | Buy    | 1250000.00   VAL   | 0.8375     USD | 0.00000067      USD/VAL
2016-03-19 08:18:07 | Buy    | 444.72323738 DOGE  | 0.10660016 USD | 0.0002397       USD/DOGE




The USD total stays the same , however the exchange rate to USD will be adjusted correspondingly so that the Total =  Cryptos X Rate   stays the same .

Comparison MVAL vs. DOGE ( both have a scale of 8 decimal places)


Date                | Trade  | Cryptos            | USD total      | Price
2016-03-19 07:09:48 | Buy    |   1.25000000 MVAL  | 0.8375     USD | 0.67            USD/MVAL
2016-03-19 08:18:07 | Buy    | 444.72323738 DOGE  | 0.10660016 USD | 0.0002397       USD/DOGE


Comparison VAL vs. μDOGE ( both have scale of 2 decimal places)


Date                | Trade  | Cryptos            | USD total      | Price
2016-03-19 07:09:48 | Buy    |   1250000.00   VAL | 0.8375     USD | 0.00000067      USD/VAL
2016-03-19 08:18:07 | Buy    | 444723237.38 μDOGE | 0.10660016 USD | 0.0000000002397 USD/μDOGE


Quite a rate difference between USD/VAL and USD/μDOGE !

Why would that be? Is the market right?


Working in raw units it turns out that the current supply for Valorbit is actually a lot less than Doge:


Crypto    |        Raw units ( integer )     | At scale of 2 decimal digits     | At scale of 8 decimal digits
Valorbit  |     92 233 864 645 128 900 units |     922,338,675,349,230.00 VAL   |     922,338,675.00000000 MVAL
Doge      | 10,354,519,659,000,000,000 units | 103,545,196,590,000,000.00 μDOGE | 103,545,196,590.00000000 DOGE


About 112 times more raw units in Doge than Valorbit ( or micro-DOGEs than VALs).


And talking about quadrillions
From Bitcoin wiki
Bitcoin has 2.1 quadrillion raw units, making up 8 decimals of BTC precision

Note: Currently about 75% bitcoins have been issued , i.e. about 1.5 quadrillions satoshis.
BTCdoaA
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March 19, 2016, 11:37:50 AM
 #2045

As we all know internally the cryptos use integer raw units.
The decimal place is a formatting convention for humans and correlates with a denomation like milli-bit or micro-bit.

Using the same units from Bitcoin units
we need to scale the units to compare similar things.

For 8 decimal places let's compare:
DOGE with the Mega-Val :  1 MVAL = 1 000 000 VAL

For 2 decimal places let's compare:
VAL with the  micro-Doge : 1  μDOGE = 0.000 001 DOGE

Let's take two recent trades on C-cex.com

Date                | Trade  | Cryptos            | USD total      | Price
2016-03-19 07:09:48 | Buy    | 1250000.00   VAL   | 0.8375     USD | 0.00000067      USD/VAL
2016-03-19 08:18:07 | Buy    | 444.72323738 DOGE  | 0.10660016 USD | 0.0002397       USD/DOGE




The USD total stays the same , however the exchange rate to USD will be adjusted correspondingly so that the Total =  Cryptos X Rate   stays the same .

Comparison MVAL vs. DOGE ( both have a scale of 8 decimal places)


Date                | Trade  | Cryptos            | USD total      | Price
2016-03-19 07:09:48 | Buy    |   1.25000000 MVAL  | 0.8375     USD | 0.67            USD/MVAL
2016-03-19 08:18:07 | Buy    | 444.72323738 DOGE  | 0.10660016 USD | 0.0002397       USD/DOGE


Comparison VAL vs. μDOGE ( both have scale of 2 decimal places)


Date                | Trade  | Cryptos            | USD total      | Price
2016-03-19 07:09:48 | Buy    |   1250000.00   VAL | 0.8375     USD | 0.00000067      USD/VAL
2016-03-19 08:18:07 | Buy    | 444723237.38 μDOGE | 0.10660016 USD | 0.0000000002397 USD/μDOGE


Quite a rate difference between USD/VAL and USD/μDOGE !

Why would that be? Is the market right?


Working in raw units it turns out that the current supply for Valorbit is actually a lot less than Doge:


Crypto    |        Raw units ( integer )     | At scale of 2 decimal digits     | At scale of 8 decimal digits
Valorbit  |     92 233 864 645 128 900 units |     922,338,675,349,230.00 VAL   |     922,338,675.00000000 MVAL
Doge      | 10,354,519,659,000,000,000 units | 103,545,196,590,000,000.00 μDOGE | 103,545,196,590.00000000 DOGE


About 112 times more raw units in Doge than Valorbit ( or micro-DOGEs than VALs).


And talking about quadrillions
From Bitcoin wiki
Bitcoin has 2.1 quadrillion raw units, making up 8 decimals of BTC precision

Note: Currently about 75% bitcoins have been issued , i.e. about 1.5 quadrillions satoshis.

i am very exciting to see you working again on this coin
you have to consider contacting bittrex it is a good exchange for new coin like val
good luck

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valorbit (OP)
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March 19, 2016, 11:58:00 AM
 #2046

i am very exciting to see you working again on this coin
you have to consider contacting bittrex it is a good exchange for new coin like val
good luck

Unfortunatelly Bittrex and other exchanges list only pairs with BTC as counterparty
https://bittrex.com/home/markets


Unlike C-cex which pairs USD-VAL and DOGE-VAL and LTC-VAL.

The problem is that because the scale of 2 decimal digits trades with BTC ( satoshis ) cannot be entered.
As we see on C-CEX there is a wall at 1 satoshi because the liquid trading range is only against DOGE and USD.
Same on Yobit where VAL is listed , but has no liquidity against BTC.

So until that changes, the following exchanges seem to be the only ones that trade cryptos against
USD,EUR or DOGE,LTC and there may be a chance that they accept to list VAL:
Poloniex , Livecoin.net, Exmo
roxymusic
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March 19, 2016, 12:07:24 PM
 #2047

i am very exciting to see you working again on this coin
you have to consider contacting bittrex it is a good exchange for new coin like val
good luck

Unfortunatelly Bittrex and other exchanges list only pairs with BTC as counterparty
https://bittrex.com/home/markets


Unlike C-cex which pairs USD-VAL and DOGE-VAL and LTC-VAL.

The problem is that because the scale of 2 decimal digits trades with BTC ( satoshis ) cannot be entered.
As we see on C-CEX there is a wall at 1 satoshi because the liquid trading range is only against DOGE and USD.
Same on Yobit where VAL is listed , but has no liquidity against BTC.

So until that changes, the following exchanges seem to be the only ones that trade cryptos against
USD,EUR or DOGE,LTC and there may be a chance that they accept to list VAL:
Poloniex , Livecoin.net, Exmo

THX DEV
obtus3
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March 19, 2016, 12:23:06 PM
 #2048

As we all know internally the cryptos use integer raw units.
The decimal place is a formatting convention for humans and correlates with a denomination like milli-bit or micro-bit.

Using the same units from Bitcoin units
we need to scale the units to compare similar things.

For 8 decimal places let's compare:
DOGE with the Mega-Val :  1 MVAL = 1 000 000 VAL

For 2 decimal places let's compare:
VAL with the  micro-Doge : 1  μDOGE = 0.000 001 DOGE

Let's take two recent trades on C-cex.com

Date                | Trade  | Cryptos            | USD total      | Price
2016-03-19 07:09:48 | Buy    | 1250000.00   VAL   | 0.8375     USD | 0.00000067      USD/VAL
2016-03-19 08:18:07 | Buy    | 444.72323738 DOGE  | 0.10660016 USD | 0.0002397       USD/DOGE




The USD total stays the same , however the exchange rate to USD will be adjusted correspondingly so that the Total =  Cryptos X Rate   stays the same .

Comparison MVAL vs. DOGE ( both have a scale of 8 decimal places)


Date                | Trade  | Cryptos            | USD total      | Price
2016-03-19 07:09:48 | Buy    |   1.25000000 MVAL  | 0.8375     USD | 0.67            USD/MVAL
2016-03-19 08:18:07 | Buy    | 444.72323738 DOGE  | 0.10660016 USD | 0.0002397       USD/DOGE


Comparison VAL vs. μDOGE ( both have scale of 2 decimal places)


Date                | Trade  | Cryptos            | USD total      | Price
2016-03-19 07:09:48 | Buy    |   1250000.00   VAL | 0.8375     USD | 0.00000067      USD/VAL
2016-03-19 08:18:07 | Buy    | 444723237.38 μDOGE | 0.10660016 USD | 0.0000000002397 USD/μDOGE


Quite a rate difference between USD/VAL and USD/μDOGE !

Why would that be? Is the market right?


Working in raw units it turns out that the current supply for Valorbit is actually a lot less than Doge:


Crypto    |        Raw units ( integer )     | At scale of 2 decimal digits     | At scale of 8 decimal digits
Valorbit  |     92 233 864 645 128 900 units |     922,338,675,349,230.00 VAL   |     922,338,675.00000000 MVAL
Doge      | 10,354,519,659,000,000,000 units | 103,545,196,590,000,000.00 μDOGE | 103,545,196,590.00000000 DOGE


About 112 times more raw units in Doge than Valorbit ( or micro-DOGEs than VALs).


And talking about quadrillions
From Bitcoin wiki
Bitcoin has 2.1 quadrillion raw units, making up 8 decimals of BTC precision

Note: Currently about 75% bitcoins have been issued , i.e. about 1.5 quadrillions satoshis.


What u explained makes more sense, so we get 1 val ~ 0.2 sats => 5 val ~ 1 sat. Actually what u thought would be a distinguishing feature of val making it down to 2 decimal places has instead become the limiting factor, keeping it away from btc markets.
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March 19, 2016, 12:33:02 PM
 #2049

everything depends on us, 1val = 1 dollar, Bitcoin was at a low cost when you do not need to wait, raise costs val
alpha33
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March 19, 2016, 12:48:40 PM
 #2050

everything depends on us, 1val = 1 dollar, Bitcoin was at a low cost when you do not need to wait, raise costs val

It doesnt work like that mate
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March 19, 2016, 01:06:06 PM
 #2051

Good to read some post on the dev, I wonder if you have more updates to raise VALORBIT from the trash?

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March 19, 2016, 02:02:02 PM
 #2052

5 Val for only 1 sat  Shocked
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March 19, 2016, 02:06:59 PM
 #2053

I have added a lot of nodes on my console and had 3 active connections but all my staking rewards are not being confirmed or orphan,anybody here with similar activity on his/her wallet it's been happening for 4 days now,what seems to be causing this..

septian44
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March 19, 2016, 02:08:42 PM
 #2054

hey friend whether there was an exchange valorbit
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March 19, 2016, 02:12:44 PM
 #2055

hey friend whether there was an exchange valorbit
c-cek pak  Wink
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March 19, 2016, 02:16:00 PM
 #2056

I have added a lot of nodes on my console and had 3 active connections but all my staking rewards are not being confirmed or orphan,anybody here with similar activity on his/her wallet it's been happening for 4 days now,what seems to be causing this..

i no recivied any val since 16/03/2016 . Smiley
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March 19, 2016, 02:19:29 PM
 #2057

I have added a lot of nodes on my console and had 3 active connections but all my staking rewards are not being confirmed or orphan,anybody here with similar activity on his/her wallet it's been happening for 4 days now,what seems to be causing this..

i no recivied any val since 16/03/2016 . Smiley

Same here. I had few referrals. All are legits and I was getting free valor. Ref commission is inactive or there is still someone getting free valors daily ?
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March 19, 2016, 02:30:13 PM
 #2058

hello everyone i have an idea  Shocked you can search more investor and prospect this coin for him because its new altcoin. so easy and more profitable for many investor ,come on .BE POSITIVE FOR VALORBIT http://prntscr.com/ah8h12
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I LOVE THE LIR PROJECT


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March 19, 2016, 03:00:50 PM
 #2059

Can I mine val today?
Will it turn to pos mode ever?

I love the ACES dev for giving me my investment back Smiley
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March 19, 2016, 03:04:57 PM
 #2060

I have added a lot of nodes on my console and had 3 active connections but all my staking rewards are not being confirmed or orphan,anybody here with similar activity on his/her wallet it's been happening for 4 days now,what seems to be causing this..

i no recivied any val since 16/03/2016 . Smiley

Same here. I had few referrals. All are legits and I was getting free valor. Ref commission is inactive or there is still someone getting free valors daily ?


The coin is dead a long time ago,dont put your trust here i have sell mine a few days ago.
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