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Author Topic: [ANN] More added to Wallet UPDATE PLEASE PosEx PEX Hybrid POW/POS [ANN]  (Read 74343 times)
JCJr222
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April 04, 2016, 07:23:40 PM
 #741

Hi, why do I always open this window, everything is updated and 13 -15 C++
http://prntscr.com/ao4tp6

I have seen that when trying to use the Console or trying to solomine. Not sure what the issue is, but if you reboot the problem goes away and you can run the wallet again. Sorry I can't help anymore than that :/
jc12345
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April 04, 2016, 07:25:58 PM
 #742

Hi, why do I always open this window, everything is updated and 13 -15 C++
http://prntscr.com/ao4tp6

I have seen that when trying to use the Console or trying to solomine. Not sure what the issue is, but if you reboot the problem goes away and you can run the wallet again. Sorry I can't help anymore than that :/

Or just compile the wallet in Linux.
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April 04, 2016, 07:27:58 PM
 #743

I mined it, got some coins, had an open wallet staking and it got stuck, all by itself. And it isn't syncing, with a new conf folder and a new, locked wallet. That, to me, is a broken coin.

    "version" : "v20.1.0-Beast",
    "protocolversion" : 70002,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 31331,
    "timeoffset" : -2,
    "moneysupply" : 6574.04794968,
    "connections" : 15,
    "proxy" : "",
    "ip" : "*******",
    "difficulty" : {
        "proof-of-work" : 555030.76311408,
        "proof-of-stake" : 0.00024414
    },
    "testnet" : false,
    "keypoololdest" : 1459794427,
    "keypoolsize" : 100,
    "paytxfee" : 0.00010000,
    "mininput" : 0.00000000,
    "unlocked_until" : 0,
    "errors" : ""

All Orphans from block 31331. It should catch up with the right chain, but it isn't.

JCJr222
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April 04, 2016, 07:30:54 PM
 #744

Why is everyone tripping over themselves trying to dump their coins already? HiPoS hasn't even been going for 24 hours yet lol. Calm down dumpers! In the meantime, there are some cheap coins to scoop up out there Smiley

In part 1 I told you guys how to prepare for a staking coin. This is part 2 and I can now post this because of the phase the coin is in now and is past the point of sensitivity.

When a dev codes hipos into a coin he signs the coin's death warrant, because of the economic principles of supply vs demand that dictate the path ahead. Hipos sounds sexy but if you look at the numbers, the inflation is so high that supply quickly outstrips demand. 99% of holders have the same objective which is short term profit and this objectives weighs heavily on the supply side and very light on the demand side. For a while people hoard coins to get hipos but soon realize that as their balance grows the price goes down because others are executing their strategy. The moneysupply grows really fast and there is a generally accepted ratio of price vs money supply (with certain attributes being equal) that can only be upset with some sort of very special attribute - a good example is eth where the normal ratio of price vs money supply does not apply due to the block chain services creating demand.

With hipos the moneysupply grows so quickly creating a hi-supply that causes the price to tank very quickly accordingly, especially since 99% wants to execute their short term profit strategy and mostly at the same time. It is therefore imperative that when you participate in a hipos coin that you firstly prepare your input blocks as I explained in part 1. You then need to hoard as much as possible coins before the deadline which is max age. When time to hipos < max age you must not tamper with your input blocks so as to not disturb your coin age. At this point if you do get more coins create a second input block. As hipos approaches, watch the blocks and activate POS 1 block after hipos starting block. When you get a stake, assess the market and take a portion of your stake to the market and combine the rest into one input block. You might do one or max two more stakes before you get out completely to prevent a situation where you hoarded too many coins but no demand remains in the market which = big losses. You can always get back in later at a fraction of the price discounting the projected short term moneysupply and finding the matching acceptable price at that moneysupply.

The next important principle is the active coins. Roughly 10% of moneysupply is in play and the rest is irrelevant and is dead and stored in wallets somewhere, unless of course distribution is very wide. In this case I am referring to when the population is the usual suspects in cryptoland. You need to work on obtaining a percentage of that active 10%. There is a point where it does not matter if you have 10,000 coins or 100,000,000,000 coins because there is only a market for that small percentage. Although you can keep on hoarding coins, it is not optimal to invest more than 10% of the moneysupply. If you are quick, you can make your own balance the active coins. There is an exception where hoarding coins is acceptable and makes sense and that is where profit is not the objective but as an anti-dumping measure for a special coin that you deem has a long term potential and you want to assist the coin.

To summarise I think it is a pity that the hipos was coded into this coin and it was disappointing to me, although it is the dev's prerogative. It immediately forces a certain behavior which is actually not ideal and which is contrary to what is required for long term survival of a coin. The outcome is always the same as one can see with other hipos coins like 10k and cionz. The outcome is always the same. Always. Actually. there are 2 exceptions. If an attribute can be found that upsets the general price vs money supply ratio of the coin and the attribute creates demand (wink-wink to the dev if he wants to make this coin successful and counter the normal statistics). The other exception I wont go into now.

Finding the optimal decision points and strategy can be very entertaining. In this case Yobit being down provided a curve ball, but the quick addition of C-CEX was pure blue sky.

The best for a coin is to have a steady money supply.

Again, I 100% agree. I guess plenty of newbs got ahold of this coin and are being easily manipulated into selling cheap. I only found this coin a few days ago and saw some potential, but alas, the regular crowd let me down again (for now at least). I think there is still some potential there, though only time will tell.
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April 04, 2016, 07:32:30 PM
 #745

I mined it, got some coins, had an open wallet staking and it got stuck, all by itself. And it isn't syncing, with a new conf folder and a new, locked wallet. That, to me, is a broken coin.

    "version" : "v20.1.0-Beast",
    "protocolversion" : 70002,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 31331,
    "timeoffset" : -2,
    "moneysupply" : 6574.04794968,
    "connections" : 15,
    "proxy" : "",
    "ip" : "*******",
    "difficulty" : {
        "proof-of-work" : 555030.76311408,
        "proof-of-stake" : 0.00024414
    },
    "testnet" : false,
    "keypoololdest" : 1459794427,
    "keypoolsize" : 100,
    "paytxfee" : 0.00010000,
    "mininput" : 0.00000000,
    "unlocked_until" : 0,
    "errors" : ""

All Orphans from block 31331. It should catch up with the right chain, but it isn't.



Old wallet so your on the wrong chain now

Bitcoin - 14ZVqS5UGqhY77d5u9aUSW24ipRJ2g9wmm
JCJr222
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April 04, 2016, 07:33:42 PM
 #746

I mined it, got some coins, had an open wallet staking and it got stuck, all by itself. And it isn't syncing, with a new conf folder and a new, locked wallet. That, to me, is a broken coin.

    "version" : "v20.1.0-Beast",
    "protocolversion" : 70002,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 31331,
    "timeoffset" : -2,
    "moneysupply" : 6574.04794968,
    "connections" : 15,
    "proxy" : "",
    "ip" : "*******",
    "difficulty" : {
        "proof-of-work" : 555030.76311408,
        "proof-of-stake" : 0.00024414
    },
    "testnet" : false,
    "keypoololdest" : 1459794427,
    "keypoolsize" : 100,
    "paytxfee" : 0.00010000,
    "mininput" : 0.00000000,
    "unlocked_until" : 0,
    "errors" : ""

All Orphans from block 31331. It should catch up with the right chain, but it isn't.



All of your stake attempts will orphan if you aren't fully synced with the chain. Did you use all of the addnode lines from the sample config file in the OP? That is all I have used and my wallet syncs perfectly, and I only downloaded a few days ago.
PoSeX (OP)
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April 04, 2016, 08:13:13 PM
 #747

I mined it, got some coins, had an open wallet staking and it got stuck, all by itself. And it isn't syncing, with a new conf folder and a new, locked wallet. That, to me, is a broken coin.

    "version" : "v20.1.0-Beast",
    "protocolversion" : 70002,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 31331,
    "timeoffset" : -2,
    "moneysupply" : 6574.04794968,
    "connections" : 15,
    "proxy" : "",
    "ip" : "*******",
    "difficulty" : {
        "proof-of-work" : 555030.76311408,
        "proof-of-stake" : 0.00024414
    },
    "testnet" : false,
    "keypoololdest" : 1459794427,
    "keypoolsize" : 100,
    "paytxfee" : 0.00010000,
    "mininput" : 0.00000000,
    "unlocked_until" : 0,
    "errors" : ""

All Orphans from block 31331. It should catch up with the right chain, but it isn't.



You Are on the Wrong Version. You should be on "version" : "v21.1.0-Beast", not "version" : "v20.1.0-Beast",


GREEDYJOHN
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April 04, 2016, 08:13:53 PM
 #748

I have been offline for a few days but damn People dumping PEX hard!!!
And people are buying it up HARD  Cheesy

JCJr222
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April 04, 2016, 08:18:17 PM
 #749

I mined it, got some coins, had an open wallet staking and it got stuck, all by itself. And it isn't syncing, with a new conf folder and a new, locked wallet. That, to me, is a broken coin.

    "version" : "v20.1.0-Beast",
    "protocolversion" : 70002,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 31331,
    "timeoffset" : -2,
    "moneysupply" : 6574.04794968,
    "connections" : 15,
    "proxy" : "",
    "ip" : "*******",
    "difficulty" : {
        "proof-of-work" : 555030.76311408,
        "proof-of-stake" : 0.00024414
    },
    "testnet" : false,
    "keypoololdest" : 1459794427,
    "keypoolsize" : 100,
    "paytxfee" : 0.00010000,
    "mininput" : 0.00000000,
    "unlocked_until" : 0,
    "errors" : ""

All Orphans from block 31331. It should catch up with the right chain, but it isn't.



You Are on the Wrong Version. You should be on "version" : "v21.1.0-Beast", not "version" : "v20.1.0-Beast",




Ahahahaa, I didn't even notice that lol. Shame on me... Bad JCJr, back to your corner!
bekasto
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April 04, 2016, 08:19:25 PM
 #750

Hi, why do I always open this window, everything is updated and 13 -15 C++
http://prntscr.com/ao4tp6

I have seen that when trying to use the Console or trying to solomine. Not sure what the issue is, but if you reboot the problem goes away and you can run the wallet again. Sorry I can't help anymore than that :/

Or just compile the wallet in Linux.


 What library  C ++ do You use to compile the wallet?
PoSeX (OP)
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April 04, 2016, 08:24:51 PM
 #751

Hi, why do I always open this window, everything is updated and 13 -15 C++
http://prntscr.com/ao4tp6

I have seen that when trying to use the Console or trying to solomine. Not sure what the issue is, but if you reboot the problem goes away and you can run the wallet again. Sorry I can't help anymore than that :/

Or just compile the wallet in Linux.


 What library  C ++ do You use to compile the wallet?

What OS are you using Linux or Win (You can cross compile on both)
PoSeX (OP)
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April 04, 2016, 08:26:51 PM
 #752

I mined it, got some coins, had an open wallet staking and it got stuck, all by itself. And it isn't syncing, with a new conf folder and a new, locked wallet. That, to me, is a broken coin.

    "version" : "v20.1.0-Beast",
    "protocolversion" : 70002,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 31331,
    "timeoffset" : -2,
    "moneysupply" : 6574.04794968,
    "connections" : 15,
    "proxy" : "",
    "ip" : "*******",
    "difficulty" : {
        "proof-of-work" : 555030.76311408,
        "proof-of-stake" : 0.00024414
    },
    "testnet" : false,
    "keypoololdest" : 1459794427,
    "keypoolsize" : 100,
    "paytxfee" : 0.00010000,
    "mininput" : 0.00000000,
    "unlocked_until" : 0,
    "errors" : ""

All Orphans from block 31331. It should catch up with the right chain, but it isn't.



You Are on the Wrong Version. You should be on "version" : "v21.1.0-Beast", not "version" : "v20.1.0-Beast",




Ahahahaa, I didn't even notice that lol. Shame on me... Bad JCJr, back to your corner!

Bit of my fault too, I should probably make better ways of telling people to update  Wink
PoSeX (OP)
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April 04, 2016, 08:29:56 PM
 #753

Hi, why do I always open this window, everything is updated and 13 -15 C++
http://prntscr.com/ao4tp6

I have seen that when trying to use the Console or trying to solomine. Not sure what the issue is, but if you reboot the problem goes away and you can run the wallet again. Sorry I can't help anymore than that :/

Or just compile the wallet in Linux.


 What library  C ++ do You use to compile the wallet?

Do you have these installed.

Visual C++ 2005
Visual C++ 2008
Visual C++ 2010

Visual C++ 2012
Visual C++ 2013

The main ones needed are bold. I seemed to have issues before with some wallets until I installed all the above (not telling you to do that tho) but seeing if/what version you have could help
jc12345
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April 04, 2016, 08:35:24 PM
Last edit: April 04, 2016, 08:46:35 PM by jc12345
 #754

Hi, why do I always open this window, everything is updated and 13 -15 C++
http://prntscr.com/ao4tp6

I have seen that when trying to use the Console or trying to solomine. Not sure what the issue is, but if you reboot the problem goes away and you can run the wallet again. Sorry I can't help anymore than that :/

Or just compile the wallet in Linux.


 What library  C ++ do You use to compile the wallet?

gcc version 4.9.2 (Raspbian 4.9.2-10) on my Raspberry Pi. Do you want to know the list of libraries as well for the dependencies?

If so these are libminiupnpc-dev libdb++-dev libdb-dev libcrypto++-dev libqrencode-dev libboost-all-dev build-essential libboost-system-dev libboost-filesystem-dev libboost-program-options-dev libboost-thread-dev libdb++-dev libssl-dev qt5-default qt5-qmake qtbase5-dev-tools libqt5webkit5-dev qttools5-dev-tools

PS: If you struggle, do remember to change the permissions on the posex/src/leveldb/build_detect_platform to make it executable. sudo chmod 755 build_detect_platform or sudo chmod -X build_detect_platform would do.
Nightz
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April 04, 2016, 08:55:56 PM
 #755

Quote

Bit of my fault too, I should probably make better ways of telling people to update  Wink

Ha..ha..yes..I..guess..you..should.

Was off to a good start on this one. Real bummer.

Or you could of read the ann ( which tells you to update  Wink Wink )

My wallet is staking like a champ and the supply has not had no huge influx of coins yet, I know we are in the 30k's now but compared to some coins that had HiPos this supply will certainly be a lot lower.
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April 04, 2016, 08:59:04 PM
 #756

K I seriously still can't get my windows wallet to work and I've messaged the Dev and still haven't gotten any answer whatsoever??? Can anyone out there help me with this problem?

 

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...
............NoobKidOnThe.BLOCK.....
 
Nightz
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April 04, 2016, 09:01:06 PM
 #757

K I seriously still can't get my windows wallet to work and I've messaged the Dev and still haven't gotten any answer whatsoever??? Can anyone out there help me with this problem?

Sup Noob This wallet is like the Fury wallet we both have (not sure if you still have it) but does fury wallet still work for you as I know they use pretty much the same dll's ?

Either that or are you missing Visual C++ or .net maybe ?
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April 04, 2016, 09:31:46 PM
 #758

i see in my wallet in statistic total stake 34 pex and total stake weight is 1 what is this ?? 
samspaces
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April 04, 2016, 10:04:37 PM
 #759

i see in my wallet in statistic total stake 34 pex and total stake weight is 1 what is this ?? 

That means you are 1/18209.31703281 of the stake network.
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April 04, 2016, 10:14:42 PM
 #760

oh,

Booooo to the sellers....

for the near zero investment people put into this coin you think you would wait and see what happens with HIPOS.

my 30 odd coins from a few days ago is now cracking around 700!! I dont care if I dont get to sell them right away it's just fun to watch for the few bucks I put in.

Good explanation above, Nail-Head-Hit


The Slots game will add some reason to hold onto PEX to play around with.

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