alpha33
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March 19, 2016, 10:14:35 AM |
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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.
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obtus3
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Activity: 14
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March 19, 2016, 10:16:19 AM |
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Has the free val distribution stopped? I havent got mine for 3 days
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roxymusic
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March 19, 2016, 11:18:02 AM |
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Has the free val distribution stopped? I havent got mine for 3 days WAIT AND WAIT .ALL GO IN RIGHT ROAD
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valorbit (OP)
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March 19, 2016, 11:27:54 AM |
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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 unitswe 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 wikiBitcoin has 2.1 quadrillion raw units, making up 8 decimals of BTC precisionNote: Currently about 75% bitcoins have been issued , i.e. about 1.5 quadrillions satoshis.
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BTCdoaA
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March 19, 2016, 11:37:50 AM |
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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 unitswe 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 wikiBitcoin has 2.1 quadrillion raw units, making up 8 decimals of BTC precisionNote: 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 |
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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/marketsUnlike 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
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roxymusic
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March 19, 2016, 12:07:24 PM |
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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/marketsUnlike 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
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obtus3
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March 19, 2016, 12:23:06 PM |
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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 unitswe 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 wikiBitcoin has 2.1 quadrillion raw units, making up 8 decimals of BTC precisionNote: 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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BOVALL
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March 19, 2016, 12:33:02 PM |
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everything depends on us, 1val = 1 dollar, Bitcoin was at a low cost when you do not need to wait, raise costs val
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alpha33
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March 19, 2016, 12:48:40 PM |
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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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Kotone
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March 19, 2016, 01:06:06 PM |
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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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sparkdz
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March 19, 2016, 02:02:02 PM |
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5 Val for only 1 sat
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fortunecrypto
Legendary
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Activity: 2562
Merit: 1048
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March 19, 2016, 02:06:59 PM |
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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..
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septian44
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March 19, 2016, 02:08:42 PM |
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hey friend whether there was an exchange valorbit
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genuin
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March 19, 2016, 02:12:44 PM |
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hey friend whether there was an exchange valorbit
c-cek pak
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roxymusic
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March 19, 2016, 02:16:00 PM |
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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 .
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malekbaba
Legendary
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Activity: 1526
Merit: 1026
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March 19, 2016, 02:19:29 PM |
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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 . 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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genuin
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March 19, 2016, 02:30:13 PM |
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hello everyone i have an idea 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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CryptoBrother
Sr. Member
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Activity: 252
Merit: 250
I LOVE THE LIR PROJECT
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March 19, 2016, 03:00:50 PM |
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Can I mine val today? Will it turn to pos mode ever?
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I love the ACES dev for giving me my investment back
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maxj57634
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March 19, 2016, 03:04:57 PM |
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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 . 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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