[ANN][PSB] Pesobit, the currency for remittances and international cooperation

[holydarkness]

Hi Pesobit, I really like your faucets

simply, fast. I see that your project will add a new partner? and that your money is already use in south america. Somewhere more in the world?

I m more and more interested by your developement IRL

Yes, Lutzow ia currently working another project and the coin is planned to be able to work together with psb, either interchangeable or whatever it will be, I really hope it'll bump the peice several points up.

[cryptodv]

I am going to recommend to Lutzow that we lower the inflation of PSB, along with some other changes, to about half of what it is now.

Anyone with me with this idea?

Why? Do you think that the high inflation rate is hurting the PSB because of the extra 10 million coins. They're aren't that many coins in circulation as compared to other coins though? What's the inflation rate at 3%?

[bitwarrior]

I am going to recommend to Lutzow that we lower the inflation of PSB, along with some other changes, to about half of what it is now.

Anyone with me with this idea?

Why? Do you think that the high inflation rate is hurting the PSB because of the extra 10 million coins. They're aren't that many coins in circulation as compared to other coins though? What's the inflation rate at 3%?

Not a good move, always tinkering the coin to suit one's target of increasing its value will not be beneficial in the long run.. what this coin need is a good marketing and exposure plus a dedicated team and community.

[aarell]

While loading desktop windows wallet it gives an error " Error loading blkindex.dat " any suggestions how to fix it.

[Noojna]

I am going to recommend to Lutzow that we lower the inflation of PSB, along with some other changes, to about half of what it is now.

Anyone with me with this idea?

Why? Do you think that the high inflation rate is hurting the PSB because of the extra 10 million coins. They're aren't that many coins in circulation as compared to other coins though? What's the inflation rate at 3%?

Actual inflation rate of PSB is 6%.  Of course there has to be marketing plans and real uses for a currency to be succesful, just I find 6% too high, especially with C-Cex who is staking with depositor's coins and insta-dumping the reward they get, causing a downward pressure on PSB.

[Noojna]

While loading desktop windows wallet it gives an error " Error loading blkindex.dat " any suggestions how to fix it.

Maybe your computer's PSB blockchain has become corrupt.  Close your wallet, backup your PSB's wallet.dat, remove all files except wallet.dat and re-launch PSB wallet app.

[bitwarrior]

I am going to recommend to Lutzow that we lower the inflation of PSB, along with some other changes, to about half of what it is now.

Anyone with me with this idea?

Why? Do you think that the high inflation rate is hurting the PSB because of the extra 10 million coins. They're aren't that many coins in circulation as compared to other coins though? What's the inflation rate at 3%?

Actual inflation rate of PSB is 6%.  Of course there has to be marketing plans and real uses for a currency to be succesful, just I find 6% too high, especially with C-Cex who is staking with depositor's coins and insta-dumping the reward they get, causing a downward pressure on PSB.

This should have been throughly thought before hand when the original staking was at 3% and it was already trading on c-cex. The question is why NOW?

[pedrillo0]

Hi Pesobit, I really like your faucets

simply, fast. I see that your project will add a new partner? and that your money is already use in south america. Somewhere more in the world?

I m more and more interested by your developement IRL

Hi

Currently I am waiting for the development of a platform in Venezuela where PSB will also have uses.

I hope the final information of this ...

- The Pesobit Team

[gradys225]

While loading desktop windows wallet it gives an error " Error loading blkindex.dat " any suggestions how to fix it.

Appdata-roaing-pesobit go here and delete the folder txleveldb

[khalmir]

Hi Pesobit, I really like your faucets

simply, fast. I see that your project will add a new partner? and that your money is already use in south america. Somewhere more in the world?

I m more and more interested by your developement IRL

Hi

Currently I am waiting for the development of a platform in Venezuela where PSB will also have uses.

I hope the final information of this ...

- The Pesobit Team

what does it do?

[Noojna]

This should have been throughly thought before hand when the original staking was at 3% and it was already trading on c-cex. The question is why NOW?

NOW is always a good time to do the right thing. Staking was never 3%.

The original PSB and the PoSP hard fork that followed have 5% as the official inflation rate, but, because of how wallets are staking now, the actual inflation is 6%-6.5%.

Also, we found out that C-Cex is one of the only exchanges that actually stakes with depositor's coin; this is something we didn't know.

Making PSB a 3% coin will make it more rare and help price. It's just one aspect of the coin, but an important one.

[aarell]

While loading desktop windows wallet it gives an error " Error loading blkindex.dat " any suggestions how to fix it.

Maybe your computer's PSB blockchain has become corrupt.  Close your wallet, backup your PSB's wallet.dat, remove all files except wallet.dat and re-launch PSB wallet app.

Thanks for the solution.Problem solved.

[aarell]

While loading desktop windows wallet it gives an error " Error loading blkindex.dat " any suggestions how to fix it.

Appdata-roaing-pesobit go here and delete the folder txleveldb

Thanks for the solution, problem solved.

[pedrillo0]

Hi Pesobit, I really like your faucets

simply, fast. I see that your project will add a new partner? and that your money is already use in south america. Somewhere more in the world?

I m more and more interested by your developement IRL

Hi

Currently I am waiting for the development of a platform in Venezuela where PSB will also have uses.

I hope the final information of this ...

- The Pesobit Team

what does it do?

Hello

A telephone recharging platform is developed. But they still do not confirm anything yet ..

Regards..

[bitwarrior]

This should have been throughly thought before hand when the original staking was at 3% and it was already trading on c-cex. The question is why NOW?

NOW is always a good time to do the right thing. Staking was never 3%.

The original PSB and the PoSP hard fork that followed have 5% as the official inflation rate, but, because of how wallets are staking now, the actual inflation is 6%-6.5%.

Also, we found out that C-Cex is one of the only exchanges that actually stakes with depositor's coin; this is something we didn't know.

Making PSB a 3% coin will make it more rare and help price. It's just one aspect of the coin, but an important one.

The failure of one exchange because of its greediness entails you guys to tinker again the Interest rate of the coin? I don't think that is the right course of action.. PSB has been trading on c-cex since last year even before the swap has taken place and you just found it now since you notice that there is dumping of coins on that exchange?

If the exchange is already acting as an asshole then why stay with it? Better yet move away from it and look for better exchanges that acts professionally.

P.S: This is just an idea, why not stop the whole staking business and move PSB on Ethereum platform instead? And for the online wallet, you may still provide a staking feature on a lower rate for example 3% and locked on monthly basis.. or you can provide some fee basing on the amount of PSB being deposited for staking.

[Noojna]

... entails you guys to tinker ...

It's not "us guys", its just me at this point, making a suggestion. Judging by PSB community reaction so far, ain't gonna happen, so no worries we will remain a 6% inflation coin.

If the exchange is already acting as an asshole then why stay with it? Better yet move away from it and look for better exchanges that acts professionally.

We don't control where people trade their coin. PSB is also on Novaexchange, let's start using that one more; but since I am not trading, I don't control what people do.

Best thing yet would be for dormant coin at C-Cex to be removed from there.

... why not stop the whole staking business and move PSB on Ethereum platform instead? ...

BTW it's Ethereum that's coming to staking, not PSB switching to PoW. Staking is a much smarter way of forming blocks.

https://www.coindesk.com/ethereums-big-switch-the-new-roadmap-to-proof-of-stake/

[bitwarrior]

... entails you guys to tinker ...

It's not "us guys", its just me at this point, making a suggestion. Judging by PSB community reaction so far, ain't gonna happen, so no worries we will remain a 6% inflation coin.

But at the end of the day, who will be doing the changes on the wallet itself if YOUR recommendation will be approved?

If the exchange is already acting as an asshole then why stay with it? Better yet move away from it and look for better exchanges that acts professionally.

We don't control where people trade their coin. PSB is also on Novaexchange, let's start using that one more; but since I am not trading, I don't control what people do.

Best thing yet would be for dormant coin at C-Cex to be removed from there.

... why not stop the whole staking business and move PSB on Ethereum platform instead? ...

Ofcourse we cannot control the people to trade there thats why where you move in since you guys are the PSB team, by asking the PSB community of removing your coins and avoid trading there on c-cex, I am sure they will listen.

BTW it's Ethereum that's coming to staking, not PSB switching to PoW. Staking is a much smarter way of forming blocks.

https://www.coindesk.com/ethereums-big-switch-the-new-roadmap-to-proof-of-stake/

I do know ETH will be going to POS, what I am telling is converting PSB to PSB coins on Ethereum Network which is similar to what has been done on other ICO coins lately, POS is not affected by it if there is already a fix number of coins/tokens there.. correct me if I am mistaken

[gradys225]

and you know what I say I do not see the promotion of this coin

The end of September
Listing the coin on exchanges

this is what we were promised
but at the moment it doesn't even need other exchanges
in addition to c-cex


Debit card
Payment for billing
Philippine trading platform
Advertising network and more


where is it?

Lutzow

what can you say? and all the people were right about your 10 million because the price has fallen!enough to hide!!!!!

[revenant2017]

We all know C-Cex drives the price down but having it listed in different exchanges or atleast fix the wallet in Yobit will make a difference. Cryptopia made an impact to the current price after delisting PSB. It drove down the price and the only remaining enemy here is C-Cex. Just my opinion regarding the price being down on it's last month average. Very unusual that we see PSB at 150 sats. It's always under stable. 300- 350 sats.

[malcovixeffect]

Very unusual that we see PSB at 150 sats. It's always under stable. 300- 350 sats.

Unusual? Your dev is busy juggling 3 items. Job, other project, psb

from what i see his priorities would be job and the other project because that will help him in his financial expenses thus you know where would put most of his time.

consider it a dead coin.